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**UNITED        STATES SECURITIES AND EXCHANGE COMMISSION**

**WASHINGTON****,        D.C.20549**

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**FORM        10-KSB**

**o ANNUAL        REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE        SECURITIES EXCHANGE ACT OF 1934**

**For        the Fiscal Year Ended December 31, 2006**

**Commission        File Number:  000-26673**

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**WELWIND        ENERGY INTERNATIONAL CORPORATION**

| **Delaware**                                       |   | **98-0207081**                         |
|----------------------------------------------------|--------|----------------------------------------|
| (State                  or Other Jurisdiction      |   | IRS                  Employer          |
| of                  Incorporation or Organization) |   | Identification                  Number |

**10-20172        113B Avenue**

**Maple        Ridge****, British Columbia**

**Canada****        V2X 0Y9**

**(604)        460-8487**

| Securities                  registered under Section 12(b) of the Exchange                  Act: |
|--------------------------------------------------------------------------------------------------|
|                                                                                             |   |
| Title                  of                  each class registered:                                | Name                  of                  each exchange on which registered: |
| **None**                                                                                         | **Over-the-Counter                  Bulletin Board** |
|                                                                                             |
| Securities                  registered under Section 12(g) of the Exchange                  Act: |
| **Common                  Stock, par value****$0.001**(Title                  of class)     |

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**Welwind        Energy International Corporation**

**Table        of Contents**

| Forward-Looking Statements | Page                                                                                                            |
|----------------------------|-----------------------------------------------------------------------------------------------------------------|
| PART I                     |                                                                                                            |
| Item 1.                    | Description of Business                                                                                         | 5 |
|                       | The Company                                                                                                     |   |
|                       | Our Strategy                                                                                                    |   |
|                       | Competition                                                                                                     |   |
|                       | Trademarks                                                                                                      |   |
|                       | Government Regulation                                                                                           |   |
|                       | Employees                                                                                                       |   |
|                       | Available Information                                                                                           |   |
| Item 2.                    | Properties                                                                                                      | 11 |
| Item 3.                    | Legal Proceedings                                                                                               | 11 |
| Item 4.                    | Submission of Matters to a Vote                  of                  Security Holders                           | 11 |
|  PART II              |                                                                                                            |
| Item 5.                    | Market for Common Equity and Related                  Stockholder Matters                                       | 12 |
| Item 6.                    | Management’s Discussion and Analysis or                  Plan of Operation                                | 13 |
| Item 7.                    | Financial Statements                                                                                            | 21 |
| Item 8.                    | Changes In and Disagreements With                  Accountants on Accounting and Financial Disclosure           | 40 |
| Item 8A.                   | Controls and Procedures                                                                                         | 40 |
| Item 8B.                   | Other Information                                                                                               | 40 |
|  PART III             |                                                                                                            |
| Item 9.                    | Directors, Executive Officers and                  Corporate Governance                                         | 40 |
| Item 10.                   | Executive Compensation                                                                                          | 43 |
| Item 11.                   | Security Ownership of Certain Beneficial                  Owners and Management and Related Stockholder Matters | 45 |
| Item 12.                   | Certain Relationships and Related                  Transactions                                                 | 46 |
| Item 13.                   | Exhibits                                                                                                        | 46 |
| Item 14.                   | Principal Accountant Fees and                  Services                                                         | 47 |

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**FORWARD-LOOKING        STATEMENTS**

*:*

| · | The availability and adequacy of                  our cash                  flow to meet our requirements; |
|--------|------------------------------------------------------------------------------------------------------------|

| · | Economic, competitive, demographic,                  business and other conditions in our local and regional                  markets; |
|--------|----------------------------------------------------------------------------------------------------------------------------------------|

| · | Changes or developments in laws,                  regulations or taxes in our industry; |
|--------|-----------------------------------------------------------------------------------------|

| · | Actions taken or omitted to be                  taken by                  third parties including our suppliers and competitors, as well                  as                  legislative, regulatory, judicial and other governmental                  authorities; |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | Competition in our                  industry; |
|--------|-----------------------------------------------|

| · | The loss of or failure to obtain                  any                  license or permit necessary or desirable in the operation of our                  business; |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | Changes in our business strategy,                  capital                  improvements or development plans; |
|--------|----------------------------------------------------------------------------------------------------------------|

| · | The availability of additional                  capital to                  support capital improvements and development;                  and |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------|

| · | Other risks identified in this                  report and                  in our other filings with the Securities and Exchange Commission                  or the                  SEC. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**Use        of        Term**

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**PART        I**

**Item        1.    Business**

***Overview***

***Our Corporate        History***

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***The Acquisition        of Welwind Energy International Corporation.***

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***Product***

***Supply***

***Our Strategy***

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***Our Industry***

***Wind Energy Industry        Participants***

***Distribution***

***Trademarks***

***Governmental        Regulation***

***Employees***

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***Change in Reporting        Currency***

**Risk Factors**

***Cautionary Statement on        Forward-Looking Statements***

**Going Concern**

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***Possible        Delisting***

***Lack of operations, positive        cash        flow and profitability may continue which will affect our ability to remain        in        business***

***Uncertainty of commercial success        may affect our ability to remain in business***

***Competition may have an adverse        effect on our business***

***Dependence on management will        affect        our profitability***

***Risks Relating to Our Common        Stock***

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***Lack of dividends may affect        the        value of your investment when compared to comparable stock, which does pay        a        dividend***

***Potential volatility of stock        price        will affect the value of our common stock***

***Available        Information***

**Item        2.    Properties**

**Item        3.    Legal Proceedings**

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

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**PART        II**

**Item        5**** Market for the Company’s Common Equity, Related Stockholder        Matters and Issuer Purchases of Equity Securities**

***Price******Range******of Our Common Stock***

|                                               |   | **Bid**  |   |    |
|----------------------------------------------------|--------|----------|--------|---------|
|                                               |   | **High** |   | **Low** |   |   |
| 2004 Fiscal                  Year                  |   |     |   |    |   |   |
| Feb -                  Mar                  2004   |   | $        | 10.20  |    | $ | 4.08 |   |   |
| Apr -                  June                  2004  |   | $        | 5.10   |    | $ | 0.68 |   |   |
| July -                  Sept                  2004 |   | $        | 1.36   |    | $ | 0.34 |   |   |
| Sept -                  Dec                  2004  |   | $        | 0.59   |    | $ | 0.20 |   |   |
| 2005 Fiscal                  Year                  |   |     |   |    |   |   |
| Jan -                  March                  2005 |   | $        | 0.71   |    | $ | 0.16 |   |   |
| Apr -                  June                  2005  |   | $        | 0.19   |    | $ | 0.07 |   |   |
| July -                  Sept                  2005 |   | $        | 0.12   |    | $ | 0.045 |   |   |
| Oct –Dec                  2005               |   | $        | 0.078  |    | $ | 0.017 |   |   |
| 2006 Fiscal                  Year                  |   |     |   |    |   |   |
| Jan -                  Mar                  2006   |   | $        | 0.20   |    | $ | 0.01 |   |   |
| Apr -                  June                  2006  |   | $        | 0.19   |    | $ | 0.09 |   |   |
| July -                  Sept                  2006 |   | $        | 0.11   |    | $ | 0.05 |   |   |
| Oct –Dec                  2006               |   | $        | 0.13   |    | $ | 0.06 |   |   |

***Holders***

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***Dividends***

***Securities Authorized for Issuance        Under Equity Compensation Plans***

***Recent Sales of Unregistered        Securities***

**Item        6. Management's        Discussion and Analysis or Plan of Operation.**

*The following        discussion should be read in conjunction with our audited financial statements        and notes thereto included herein. In connection with, and because we desire        to        take advantage of, the "safe harbor" provisions of the Private Securities        Litigation Reform Act of 1995, we caution readers regarding certain forward        looking statements in the following discussion and elsewhere in this report        and        in any other statement made by, or on our behalf, whether or not in future        filings with the Securities and Exchange Commission. Forward-looking statements        are statements not based on historical information and which relate to future        operations, strategies, financial results or other developments. Forward        looking        statements are necessarily based upon estimates and assumptions that are        inherently subject to significant business, economic and competitive        uncertainties and contingencies, many of which are beyond our control and        many        of which, with respect to future business decisions, are subject to change.        These uncertainties and contingencies can affect actual results and could        cause        actual results to differ materially from those expressed in any forward looking        statements made by, or our behalf. We disclaim any obligation to update        forward-looking statements.*

**Historical Background and        Overview**

***Overview***

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***Our Corporate History***

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***The Acquisition        of Welwind Energy International Corporation.***

***Product***

***Supply***

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***Our Strategy***

***Results of        Operations***

**Year Ended December 31, 2006 Compared to Year Ended December        31,        2005 **

| ***Results                    of Operations**** * |  |                                                                                                                                                                                                                                          |  |                                                                                        |  |             |   |             |             |             |
|--------------------------------------------------------|--|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--|----------------------------------------------------------------------------------------|--|-------------|---|-------------|-------------|-------------|
|                                                        |
| **Year                    Ended December 31,**    |  | **2006**  Increase                    (Decrease)                                            from Prior Year |  | **2005** Increase                    (Decrease)from                    Prior Year |
|                                                   |  | **$**                                                                                                                                                                                                                               |  |                                                                                        |  | **%**  |   | **$**  |             | **%**  |
| Sales                                             |  | 135,339                                                                                                                                                                                                                             |  |                                                                                        |  | (55.34)     | % |             | 303,073     |             | (68.24) | % |
| Gross                    Profit                   |  | 98,482                                                                                                                                                                                                                                   |  |                                                                                        |  | (30.30)     | % |             | 141,289     |             | (72.55) | % |
| Operating                    Expense              |  | 2,500,102                                                                                                                                                                                                                                |  |                                                                                        |  | (5.78)      | % |             | 2,653,403   |             | (14.05) | % |
| Income                    From Operations         |  | (2,401,620)                                                                                                                                                                                                                              |  |                                                                                        |  | (4.40)      | % |             | (2,512,114) |             | (2.35) | % |
| Other                    Income (Expenses)        |  | (91,732)                                                                                                                                                                                                                                 |  |                                                                                        |  | (65.67)     | % |             | (267,195)   |             | 43.64 | % |
| Net                    Income                     |  | (2,493,352)                                                                                                                                                                                                                              |  |                                                                                        |  | (10.54)     | % |             | (2,787,062) |             | 1.03 | % |

***Revenues***

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***General and Administrative Expenses***

| ***Net                  Income*** |
|-----------------------------------|

**LIQUIDITY AND CAPITAL RESOURCES **

| ***Uses of                  Liquidity*** |
|------------------------------------------|

| ***Sources of                  Liquidity*** |
|---------------------------------------------|

***Off-Balance Sheet        Arrangements***

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***Critical Accounting        Policies***

***RECENT ACCOUNTING        PRONOUNCEMENTS***

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***Reporting        Currency***

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**Item        7.    Financial Statements**

|                                                                              | Index |
|-----------------------------------------------------------------------------------|-------|
| Report                    of Independent Registered Public Accounting Firm        | F-1   |
| Consolidated                    Balance Sheets                                    | F-2   |
| Consolidated                    Statements of Operations                          | F-3   |
| Consolidated                    Statements of Cash Flows                          | F-4   |
| Consolidated                    Statement of Stockholders’ Equity (Deficit) | F-5   |
| Notes                    to the Consolidated Financial Statements                 | F-6   |

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|                                                                                                                                                                                        |   | December                  31,2006$ | December                  31,2005$ |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|------------------------------------|------------------------------------|
|                                                                                                                                                                                        |   |                               |                               |
| ASSETS                                                                                                                                                                                      |   |                               |                               |
|                                                                                                                                                                                        |   |                               |                               |
| Current                  Assets                                                                                                                                                             |   |                               |                               |
|                                                                                                                                                                                        |   |                               |                               |
| Cash                                                                                                                                                                                        |   | 603,182                            | 799                                |
| Accounts                  receivable                                                                                                                                                        |   | 14,115                             | 9,473                              |
| Inventory                                                                                                                                                                                   |   | 15,424                             | 2,721                              |
| Prepaid                  expenses (Note 6)                                                                                                                                                  |   | 1,417,630                          | 1,404                              |
|                                                                                                                                                                                        |   |                               |                               |
| Total                  Current Assets                                                                                                                                                       |   | 2,050,351                          | 14,397                             |
|                                                                                                                                                                                        |   |                               |                               |
| Property                  and equipment, net (Note 2 (g))                                                                                                                                   |   | 215,304                            | 10,600                             |
| Customer                  relationships (Note 8)                                                                                                                                            |   | 245,016                            | -                                  |
| Goodwill                  (Note 8)                                                                                                                                                          |   | 1,469,171                          | -                                  |
|                                                                                                                                                                                        |   |                               |                               |
| Total                  Assets                                                                                                                                                               |   | 3,979,842                          | 24,997                             |
|                                                                                                                                                                                        |   |                               |                               |
| LIABILITIES                  AND STOCKHOLDERS’ EQUITY (DEFICIT)                                                                                                                       |   |                               |                               |
|                                                                                                                                                                                        |   |                               |                               |
| Liabilities                                                                                                                                                                                 |   |                               |                               |
|                                                                                                                                                                                        |   |                               |                               |
| Accounts                  payable                                                                                                                                                           |   | 130,026                            | 85,483                             |
| Accrued                  liabilities (Note 3)                                                                                                                                               |   | 47,453                             | -                                  |
| Due                  to related parties (Note 4)                                                                                                                                            |   | 598,198                            | 185,626                            |
|                                                                                                                                                                                        |   |                               |                               |
| Total                  Liabilities                                                                                                                                                          |   | 775,677                            | 271,109                            |
|                                                                                                                                                                                        |   |                               |                               |
| Commitments                  and Contingencies (Notes 1 and 7)                                                                                                                              |   |                               |                               |
|                                                                                                                                                                                        |   |                               |                               |
| Stockholders’                  Equity (Deficit)                                                                                                                                       |   |                               |                               |
|                                                                                                                                                                                        |   |                               |                               |
| Preferred                  Stock:                                                                                                                                                           |   |                               |                               |
| Authorized:                  10,000,000 shares, US$0.001 par value Issued                  and outstanding: 10,000,000 shares (2005                  - None issued and outstanding)         |   | 11,137                             | -                                  |
|                                                                                                                                                                                        |   |                               |                               |
| Common                  Stock:                                                                                                                                                              |   |                               |                               |
| Authorized:                  290,000,000 shares, US$0.001 par value Issued                  and outstanding: 128,583,583 shares (2005                  - 45,436,494 issued and outstanding) |   | 144,875                            | 49,893                             |
|                                                                                                                                                                                        |   |                               |                               |
| Additional                  paid-in capital                                                                                                                                                 |   | 12,275,033                         | 5,285,024                          |
|                                                                                                                                                                                        |   |                               |                               |
| Stock                  subscriptions receivable (Notes 6(d) and (m))                                                                                                                        |   | (1,151,605)                        | -                                  |
|                                                                                                                                                                                        |   |                               |                               |
| Accumulated                  other comprehensive loss                                                                                                                                       |   | (894)                              | -                                  |
|                                                                                                                                                                                        |   |                               |                               |
| Accumulated                  deficit                                                                                                                                                        |   | (8,074,381)                        | (5,581,029)                        |
|                                                                                                                                                                                        |   |                               |                               |
| Total                  Stockholders’ Equity (Deficit)                                                                                                                                 |   | 3,204,165                          | (246,112)                          |
|                                                                                                                                                                                        |   |                               |                               |
| Total                  Liabilities and Stockholders’ Equity (Deficit)                                                                                                                 |   | 3,979,842                          | 24,997                             |

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|                                                                                                |   |   |   | For                  theYear                  EndedDecember                  31,2006$ | For                  the Year                  Ended December                  31, 2005$ |
|-----------------------------------------------------------------------------------------------------|--------|--------|--------|---------------------------------------------------------------------------------------|------------------------------------------------------------------------------------------|
|                                                                                                |   |   |   |                                                                                  |                                                                                     |
| Revenue                                                                                             |   |   |   | 135,339                                                                               | 303,073                                                                                  |
|                                                                                                |   |   |   |                                                                                  |                                                                                     |
| Cost                  of sales                                                                      |   |   |   | (36,857)                                                                              | (161,784)                                                                                |
|                                                                                                |   |   |   |                                                                                  |                                                                                     |
| Gross                  profit                                                                       |   |   |   | 98,482                                                                                | 141,289                                                                                  |
|                                                                                                |   |   |   |                                                                                  |                                                                                     |
| Operating                  expenses                                                                 |   |   |   |                                                                                  |                                                                                     |
| General                  and administrative                                                         |   |   |   | 2,500,102                                                                             | 2,653,403                                                                                |
|                                                                                                |   |   |   |                                                                                  |                                                                                     |
| Loss                  from continuing operations                                                    |   |   |   | (2,401,620)                                                                           | (2,512,114)                                                                              |
|                                                                                                |   |   |   |                                                                                  |                                                                                     |
| Other                  expenses                                                                     |   |   |   |                                                                                  |                                                                                     |
| Loss                  on settlement of debt                                                         |   |   |   | (90,732)                                                                              | (201,038)                                                                                |
| Loss                  on disposal of property and equipment                                         |   |   |   | (1,000)                                                                               | (66,157)                                                                                 |
|                                                                                                |   |   |   |                                                                                  |                                                                                     |
| Loss                  before discontinued operations                                                |   |   |   | (2,493,352)                                                                           | (2,779,309)                                                                              |
|                                                                                                |   |   |   |                                                                                  |                                                                                     |
| Discontinued                  operations                                                            |   |   |   |                                                                                  |                                                                                     |
| Loss                  on disposal of assets from discontinued operations (Note                  11) |   |   | -      | (7,753)                                                                               |
|                                                                                                |   |   |   |                                                                                  |                                                                                     |
| Net                  loss                                                                           |   |   |   | (2,493,352)                                                                           | (2,787,062)                                                                              |
|                                                                                                |   |   |   |                                                                                  |                                                                                     |
| Other                  comprehensive loss:                                                          |   |   |   |                                                                                  |                                                                                     |
|                                                                                                |   |   |   |                                                                                  |                                                                                     |
| Foreign                  currency translation                  adjustment                           |   |   |   | (894)                                                                                 | -                                                                                        |
|                                                                                                |   |   |   |                                                                                  |                                                                                     |
| Comprehensive                  loss                                                                 |   |   |   | (2,494,246)                                                                           | (2,787,062)                                                                              |
|                                                                                                |   |   |   |                                                                                  |                                                                                     |
| Net                  loss per common share - basic and diluted                                      |   |   |   |                                                                                  |                                                                                     |
| Continuing                  operations                                                              |   |   |   | (0.03)                                                                                | (0.08)                                                                                   |
| Discontinued                  operations                                                            |   |   |   | -                                                                                     | -                                                                                        |
| Net                  loss per common share                                                          |   |   |   | (0.03)                                                                                | (0.08)                                                                                   |
|                                                                                                |   |   |   |                                                                                  |                                                                                     |
| Weighted                  average number of common shares outstanding                               |   |   |   | 71,309,000                                                                            |  29,648,000                                                                         |

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|                                                                                                              |   | YearEndedDecember                    31,2006$ | YearEndedDecember                    31,2005$ |
|-------------------------------------------------------------------------------------------------------------------|--------|-----------------------------------------------|-----------------------------------------------|
|                                                                                                              |   |                                          |                                          |
| Operating                    activities                                                                           |   |                                          |                                          |
| Net                    loss for the year                                                                          |   | (2,493,352)                                   | (2,787,062)                                   |
|                                                                                                              |   |                                          |                                          |
| Adjustments                    to reconcile net loss to net cash used in                    operating activities: |   |                                          |                                          |
| Amortization                                                                                                      |   | 7,212                                         | 19,931                                        |
| Loss                    on settlement of debt                                                                     |   | 90,732                                        | 201,038                                       |
| Loss                    on disposal of property and equipment                                                     |   | 1,000                                         | 66,157                                        |
| Loss                    on sale of discontinued operations                                                        |   | -                                             | 7,753                                         |
| Stock-based                    compensation                                                                       |   | 1,443,987                                     | 2,324,262                                     |
|                                                                                                              |   |                                          |                                          |
| Changes                    in operating assets and liabilities:                                                   |   |                                          |                                          |
| Bank                    overdraft                                                                                 |   | -                                             | (6,486)                                       |
| Accounts                    receivable                                                                            |   | (4,643)                                       | (6,687)                                       |
| Inventory                                                                                                         |   | (12,703)                                      | 26,938                                        |
| Prepaid                    expenses                                                                               |   | (5,440)                                       | 12,265                                        |
| Accounts                    payable and accrued liabilities                                                       |   | 93,503                                        | (28,093)                                      |
| Due                    to related parties                                                                         |   | 319,649                                       | -                                             |
|                                                                                                              |   |                                          |                                          |
| Net                    cash flows used in operating activities                                                    |   | (560,055)                                     | (169,984)                                     |
|                                                                                                              |   |                                          |                                          |
| Investing                    activities                                                                           |   |                                          |                                          |
| Proceeds                    from sale of discontinued operations                                                  |   | -                                             | 20,000                                        |
| Proceeds                    from sale (purchase) of equipment                                                     |   | (200,592)                                     | 2,000                                         |
| Cash                    received upon acquisition of Welwind Energy                    International Corp.        |   | 2,194                                         | -                                             |
|                                                                                                              |   |                                          |                                          |
| Net                    cash flows (used in) provided by investing                    activities                   |   | (198,398)                                     | 22,000                                        |
|                                                                                                              |   |                                          |                                          |
| Financing                    activities                                                                           |   |                                          |                                          |
| Settlement                    of demand loan payable                                                              |   | -                                             | (31,904)                                      |
| Proceeds                    from issuance of preferred shares                                                     |   | 556,855                                       | -                                             |
| Proceeds                    from issuance of common shares                                                        |   | 804,875                                       | 5,840                                         |
| Proceeds                    from loans from shareholders                                                          |   | -                                             | 160,077                                       |
|                                                                                                              |   |                                          |                                          |
| Net                    cash flows provided by financing activities                                                |   | 1,361,730                                     | 134,013                                       |
|                                                                                                              |   |                                          |                                          |
| Effect                    of foreign exchange rate on cash                                                        |   | (894)                                         | -                                             |
|                                                                                                              |   |                                          |                                          |
| Increase                    (decrease) in cash                                                                    |   | 602,383                                       | (13,971)                                      |
|                                                                                                              |   |                                          |                                          |
| Cash                    - beginning of year                                                                       |   | 799                                           | 14,770                                        |
|                                                                                                              |   |                                          |                                          |
| Cash                    - end of year                                                                             |   | 603,182                                       | 799                                           |
|                                                                                                              |   |                                          |                                          |
| Non-cash                    investing and financing activities                                                    |   |                                          |                                          |
| Issuance                    of common stock for finders’ fees                                               |   | 1,188,001                                     | -                                             |
| Issuance                    of common stock for settlement of debt                                                |   | 103,109                                       | 170,000                                       |
| Issuance                    of common stock to settle convertible promissory                    note              |   | -                                             | 265,837                                       |
|                                                                                                              |   |                                          |                                          |
| Supplementary                    disclosures                                                                      |   |                                          |                                          |
| Interest                    paid                                                                                  |   | -                                             | 23,156                                        |
| Income                    taxes paid                                                                              |   | -                                             | -                                             |

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|                                                                                                         |                               |                            |                                       |                         |                                              |                                                                                                 | Accumulated                                  |                             |
|--------------------------------------------------------------------------------------------------------------|------------------------------------|---------------------------------|--------------------------------------------|------------------------------|---------------------------------------------------|------------------------------------------------------------------------------------------------------|----------------------------------------------|----------------------------------|
|                                                                                                         | Preferred                    Stock | Common                    Stock | Common                    Stock Subscribed | AdditionalPaid-inCapital     | Stock                    subscriptions receivable | AccumulatedDeficit                                                                                   | OtherComprehensive                    Income | Total                            |
|                                                                                                         | #                    ofshares      | Amount                          | #                    ofshares              | Amount                       | #                    ofshares                     | Amount                                                                                               |
|                                                                                                         |                               |                            |                                       |                         |                                              |                                                                                                 |                                         |                             |   |   |   |
| Balance,                    December 31, 2004                                                                | -                                  | -                               | 8,116,801                                  | $                    8,915   | 14,743,199                                        | $                    16,188                                                                          | $                    2,543,875               | $                    -           | $                    (2,793,967) | $                    - | $                    (224,989) |
|                                                                                                         |                               |                            |                                       |                         |                                              |                                                                                                 |                                         |                             |   |   |   |
| Issuance                    of common stock subscribed                                                       |                               | -                               | 14,743,199                                 | 16,188                       | (14,743,199)                                      | (16,188)                                                                                             | -                                            | -                                | - | - | - |
|                                                                                                         |                               |                            |                                       |                         |                                              |                                                                                                 |                                         |                             |   |   |   |
| Common                    stock issued for conversion of debt                                                | -                                  | -                               | 1,695,452                                  | 1,862                        | -                                                 | -                                                                                                    | 263,975                                      | -                                | - | - | 265,837 |
|                                                                                                         |                               |                            |                                       |                         |                                              |                                                                                                 |                                         |                             |   |   |   |
| Adjustment                    for fractional shares resulting from stock split                               | -                                  | -                               | 156                                        | -                            | -                                                 | -                                                                                                    | -                                            | -                                | - | - | - |
|                                                                                                         |                               |                            |                                       |                         |                                              |                                                                                                 |                                         |                             |   |   |   |
| Common                    stock issued for settlement of debt                                                | -                                  | -                               | 250,000                                    | 275                          | -                                                 | -                                                                                                    | 169,725                                      | -                                | - | - | 170,000 |
|                                                                                                         |                               |                            |                                       |                         |                                              |                                                                                                 |                                         |                             |   |   |   |
| Common                    stock issued on exercise of warrants                                               | -                                  | -                               | 32,000                                     | 35                           | -                                                 | -                                                                                                    | 5,805                                        | -                                | - | - | 5,840 |
|                                                                                                         |                               |                            |                                       |                         |                                              |                                                                                                 |                                         |                             |   |   |   |
| Common                    stock issued for services                                                          | -                                  | -                               | 20,598,886                                 | 22,618                       | -                                                 | -                                                                                                    | 2,301,644                                    | -                                | - | - | 2,324,262 |
|                                                                                                         |                               |                            |                                       |                         |                                              |                                                                                                 |                                         |                             |   |   |   |
| Net                    loss for the year                                                                     | -                                  | -                               | -                                          | -                            | -                                                 | -                                                                                                    | -                                            | -                                | (2,787,062) | - | (2,787,062) |
|                                                                                                         |                               |                            |                                       |                         |                                              |                                                                                                 |                                         |                             |   |   |   |
| Balance                    December 31, 2005                                                                 | -                                  | -                               | 45,436,494                                 | 49,893                       | -                                                 | -                                                                                                    | 5,285,024                                    |      -  | (5,581,029) |       - |   (246,112) |
|                                                                                                         |                               |                            |                                       |                         |                                              |                                                                                                 |                                         |                             |   |   |   |
| Common                    stock issued for cash                                                              | -                                  | -                               | 34,050,000                                 | 38,883                       | -                                                 | -                                                                                                    | 1,917,597                                    | (1,151,605)                      | - | - | 804,875 |
|                                                                                                         |                               |                            |                                       |                         |                                              |                                                                                                 |                                         |                             |   |   |   |
| Common                    stock issued for services                                                          | -                                  | -                               | 27,326,795                                 | 31,181                       | -                                                 | -                                                                                                    | 2,605,736                                    | -                                | - | - | 2,636,917 |
|                                                                                                         |                               |                            |                                       |                         |                                              |                                                                                                 |                                         |                             |   |   |   |
| Common                    stock issued for finders’ fees                                               | -                                  | -                               | 10,000,000                                 | 11,429                       | -                                                 | -                                                                                                    | 1,176,572                                    | -                                | - | - | 1,188,001 |
|                                                                                                         |                               |                            |                                       |                         |                                              |                                                                                                 |                                         |                             |   |   |   |
| Common                    stock issued for settlement of debt                                                | -                                  | -                               | 770,000                                    | 859                          | -                                                 | -                                                                                                    | 102,250                                      | -                                | - | - | 103,109 |
|                                                                                                         |                               |                            |                                       |                         |                                              |                                                                                                 |                                         |                             |   |   |   |
| Stock                    split adjustment                                                                    | -                                  | -                               | 294                                        | 1                            | -                                                 | -                                                                                                    | 24                                           | -                                | - | - | 25 |
|                                                                                                         |                               |                            |                                       |                         |                                              |                                                                                                 |                                         |                             |   |   |   |
| Common                    stock issued for purchase of Welwind Energy International                    Corp. | -                                  | -                               | 11,000,000                                 | 12,629                       | -                                                 | -                                                                                                    | 1,619,456                                    |                             |   |   | 1,632,085 |
|                                                                                                         |                               |                            |                                       |                         |                                              |                                                                                                 |                                         |                             |   |   |   |
| Preferred                    stock issued for cash                                                           | 10,000,000                         | 11,137                          | -                                          | -                            | -                                                 | -                                                                                                    | 545,718                                      | -                                | - | - | 556,855 |
|                                                                                                         |                               |                            |                                       |                         |                                              |                                                                                                 |                                         |                             |   |   |   |
| Share                    issuance costs                                                                      | -                                  | -                               | -                                          | -                            | -                                                 | -                                                                                                    | (1,188,001)                                  | -                                | - | - | (1,188,001) |
|                                                                                                         |                               |                            |                                       |                         |                                              |                                                                                                 |                                         |                             |   |   |   |
| Stock-based                    compensation                                                                  | -                                  | -                               | -                                          | -                            | -                                                 | -                                                                                                    | 210,657                                      | -                                | - | - | 210,657 |
|                                                                                                         |                               |                            |                                       |                         |                                              |                                                                                                 |                                         |                             |   |   |   |
| Foreign                    currency translation adjustment                                                   | -                                  | -                               | -                                          | -                            | -                                                 | -                                                                                                    | -                                            | -                                | - | (894) | (894) |
|                                                                                                         |                               |                            |                                       |                         |                                              |                                                                                                 |                                         |                             |   |   |   |
| Net                    loss for the year                                                                     | -                                  | -                               | -                                          | -                            | -                                                 | -                                                                                                    | -                                            | -                                | (2,493,352) | - | (2,493,352) |
|                                                                                                         |                               |                            |                                       |                         |                                              |                                                                                                 |                                         |                             |   |   |   |
| Balance                    December 31, 2006                                                                 | 10,000,000                         | $                    11,137     | 128,583,583                                | $                    144,875 | -                                                 | $                                 - | $12,275,033                                  | $                    (1,151,605) | $(8,074,381) | $      (894) | $  3,204,165 |

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|                                               | Cost$   | Accumulated                  depreciation$ | December                  31,2006Net                  carrying value$ | December                  31,2005Net                  carrying value$ |
|----------------------------------------------------|---------|--------------------------------------------|-----------------------------------------------------------------------|-----------------------------------------------------------------------|
|                                               |    |                                       |                                                                  |                                                                  |
| Wind                  equipment under construction | 158,658 | -                                          | 158,658                                                               | -                                                                     |
| Automobile                                         | 48,762  | 4,277                                      | 44,485                                                                | -                                                                     |
| Computer                  hardware                 | 3,947   | 1,167                                      | 2,780                                                                 | 2,500                                                                 |
| Office                  furniture and equipment    | 12,003  | 2,622                                      | 9,381                                                                 | 8,100                                                                 |
|                                               |    |                                       |                                                                  |                                                                  |
|                                               | 223,370 | 8,066                                      | 215,304                                                               | 10,600                                                                |

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|                                        |   | December                  31, 2006 |   | December                  31, 2005 |
|---------------------------------------------|--------|------------------------------------|--------|------------------------------------|
|                                        |   | Number                  ofOptions  |   | WeightedAverageExercisePrice       |   | Number                  of options | WeightedAverageExercisePrice |
| Balance,                  beginning of year |   | 450,000                            |   | US$                  0.04          |   | 450,000 | US$                  0.04 |
| Granted                                     |   | 550,000                            |   | US$                  0.07          |   | - | - |
| Exercised                                   |   | (550,000)                          |   | US$                  0.07          |   | - | - |
|                                        |   |                               |   |                               |   |   |   |
| Balance,                  end of year       |   | 450,000                            |   | US$                  0.04          |   | 450,000 | US$                  0.04 |

|                                         |   | Number                  ofWarrants |   | WeightedAverageExercisePrice |
|----------------------------------------------|--------|------------------------------------|--------|------------------------------|
| Balance,                  December 31, 2005  |   | 391,863                            |   | US$                  0.15    |
| Granted                  during the period   |   | 1,500,000                          |   | US$                  0.05    |
| Exercised                  during the period |   | (1,500,000)                        |   | US$                  0.05    |
|                                         |   |                               |   |                         |
| Balance,                  December 31, 2006  |   | 391,863                            |   | US$                  0.15    |

|                                                     |   | Number                  ofWarrants |   | Expiry                  Date       |
|----------------------------------------------------------|--------|------------------------------------|--------|------------------------------------|
|                                                     |   |                               |   |                               |
| Warrants                  outstanding, December 31, 2006 |   | 391,863                            |   | November                  30, 2007 |

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| Cash                                                                   | $      | 2,194     |
|------------------------------------------------------------------------|--------|-----------|
| Prepaid                  expenses                  and deposits        |   | 7,172     |
| Property                  and                  equipment               |   | 12,324    |
| Customer                  relationships                                |   | 245,016   |
| Goodwill                                                               |   | 1,469,171 |
| Accounts                  payable, and accrued liabilities             |   | (2,277)   |
| Due                  to related                  parties               |   | (101,515) |
|                                                                   |   |      |
| Paid                  by issuance of 11,000,000 shares of common stock | $      | 1,632,085 |

|                                                               | August                  17,2006$  |   |
|--------------------------------------------------------------------|----------------------------------------|--------|
| Current                  Assets                               | 9,366                             |   |
| Property                  and equipment                            | 12,324                                 |   |
|                                                               |                                   |   |
| Total                  Assets                                      | 21,690                                 |   |
|                                                               |                                   |   |
| Current                  Liabilities                               | 103,791                                |   |
|                                                               |                                   |   |
| Stockholders’                  Deficit                       | (82,101)                               |   |
|                                                               |                                   |   |
| Total                  Liabilities and Stockholders’ Deficit | 21,690                                 |   |

|                                                              |   | January                  1, 2006 to December 31, |
|-------------------------------------------------------------------|--------|--------------------------------------------------|
|                                                              |   | 2006                                             |
|                                                              |   | $                                                |
|                                                              |   |                                             |
| Pro                  Forma Revenue                                |   | 135,339                                          |
|                                                              |   |                                             |
| Pro                  Forma Net Loss                               |   | (2,575,664)                                      |
|                                                              |   |                                             |
| Pro                  Forma Net Loss Per Share - Basic and Diluted |   | (0.04)                                           |
|                                                              |   |                                             |

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|                                                     |   |  Bakery$ | Wind                  Farm$ | Corporate                  and Eliminations$ |  Consolidated$ |
|----------------------------------------------------------|--------|---------------|-----------------------------|----------------------------------------------|---------------------|
|                                                     |   |          |                        |                                         |                |
| Revenue                                                  |   | 135,339       | -                           | -                                            | 135,339             |
|                                                     |   |          |                        |                                         |                |
| Cost                  of sales                           |   | (36,857)      | -                           | -                                            | (36,857)            |
|                                                     |   |          |                        |                                         |                |
| Gross                  profit                            |   | 98,482        | -                           | -                                            | 98,482              |
|                                                     |   |          |                        |                                         |                |
| Operating                  expenses                      |   |          |                        |                                         |                |
|                     General and administrative |   | 311,248       | 298,533                     | 1,890,321                                    | 2,500,102           |
|                                                     |   |          |                        |                                         |                |
| Loss                  from continuing operations         |   | (212,766)     | (298,533)                   | (1,890,321)                                  | (2,401,620)         |
|                                                     |   |          |                        |                                         |                |
| Other                  expenses                          |   |          |                        |                                         |                |
| Loss                  on disposal of equipment           |   | -             | -                           | 1,000                                        | 1,000               |
| (Gain)                  loss on settlement of debt       |   | (3,785)       | -                           | 94,517                                       | 90,732              |
|                                                     |   |          |                        |                                         |                |
| Net                  loss                                |   | (208,981)     | (298,533)                   | (1,985,838)                                  | (2,493,352)         |
|                                                     |   |          |                        |                                         |                |
| Other                  comprehensive income:             |   |          |                        |                                         |                |
|                                                     |   |          |                        |                                         |                |
| Foreign                  currency translation adjustment |   | -             | (894)                       | -                                            | (894)               |
|                                                     |   |          |                        |                                         |                |
| Comprehensive                  loss                      |   | (208,981)     | (299,427)                   | (1,985,838)                                  | (2,494,246)         |

|                                     |   | As                  at December                  31, |
|------------------------------------------|--------|------------------------------------------------------|
|                                     |   | 2006                                                 |
|                                     |   | $                                                    |
|                                     |   |                                                 |
| Corporate                                |   | 577                                                  |
| Bakery                                   |   | 2,870                                                |
| Wind                  Farm               |   | 1,926,044                                            |
|                                     |   |                                                 |
| Total                  long-lived assets |   | 1,929,491                                            |

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|     |   | January                  1, 2006 to December 31, |
|----------|--------|--------------------------------------------------|
| Revenues |   | 2006                                             |
|     |   | $                                                |
|     |   |                                             |
| Canada   |   | 135,339                                          |
| China    |   | -                                                |
|     |   |                                             |
| Total    |   | 135,339                                          |

|                                        |   | December                  31,2006$ | December                  31,2005$ |
|---------------------------------------------|--------|------------------------------------|------------------------------------|
|                                        |   |                               |                               |
| Deferred                  tax asset         |   |                               |                               |
| -                  Non-capital losses       |   | 3,267,000                          | 2,509,000                          |
| -                  Less valuation allowance |   | (3,267,000)                        | (2,509,000)                        |
|                                        |   |                               |                               |
| Net                  deferred tax asset     |   | -                                  | -                                  |

|                                                 |   | December                  31,2006$ | December                  31,2005$ |
|------------------------------------------------------|--------|------------------------------------|------------------------------------|
|                                                 |   |                               |                               |
| Earnings                  (loss) before taxes        |   | (2,493,352)                        | (2,787,062)                        |
| Statutory                  rate                      |   | 35.0%                              | 35.34%                             |
|                                                 |   |                               |                               |
| Computed                  expected tax (recovery)    |   | (872,673)                          | (984,948)                          |
| Non-deductible                  expenses             |   | 115,358                            | 920,243                            |
| Temporary                  differences               |   | 2,305                              | 7,044                              |
| Effect                  of change in statutory rates |   | -                                  | -                                  |
| Change                  in valuation allowance       |   | 758,068                            | 57,661                             |
| Other                                                |   | (3,058)                            | -                                  |
|                                                 |   |                               |                               |
| Reported                  income taxes               |   | -                                  | -                                  |

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**Item      8.    Changes in and Disagreements with Accountants on      Accounting and Financial Disclosure**

**Item      8A.  Controls and Procedures**

***Evaluation of Disclosure Controls      and Procedures***

***Changes In      Internal Controls Over Financial Reporting***

**Item      8B.   Other Information**

**PART      II****I**

**Item 9.      Directors, Executive Officers, Promoters, Control Persons and Corporate      Governance; Compliance With Section 16(a) of the Exchange      Act**

| **Name**           |   | **Age** |   | **Position**                                                                                        |   | **Director/Officer                Since** |
|--------------------|--------|---------|--------|-----------------------------------------------------------------------------------------------------|--------|-------------------------------------------|
| Tammy-Lynn McNabb  |   | 38      |   | Chief Executive Officer, Chief Financial                Officer, Secretary, Chairwoman and Director |   | 2004                                      |
| Shannon de Delley  |   | 39      |   | Director                                                                                            |   | 2006                                      |
| Patrick Higgins    |   | 38      |   | Director                                                                                            |   | 2005                                      |
| David Wing Yiu Cho |   | 54      |   | Director                                                                                            |   | 2006                                      |
| Chong-Jian Zhao    |   | 48      |   | Director                                                                                            |   | 2006                                      |
| Feng Junyi         |   | 45      |   | Director                                                                                            |   | 2006                                      |

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**Tammy-Lynn McNabb,      CEO, **

**Shannon de Delley**

**Patrick Higgins**

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**David Wing Yiu      Cho**

**Chong-Jian Zhao **

**Junyi Feng      **

**INVOLVEMENT      IN CERTAIN LEGAL PROCEEDINGS**

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***Section 16(a) Beneficial Ownership      Reporting Compliance***

***Code of      Ethics***

***Audit      Committee***

**Item      10.****    ****  Executive Compensation**

***Summary Compensation      Table***

| **Salary                Compensation** |   |
|----------------------------------------|--------|
| **Name andPrincipalPosition**     |   | **FiscalYear** |   | **Salary ($)** |   | **Bonus($)** |   | **StockAwards** |   | **OptionsAwards($)(1)** |   | **Non-EquityIncentive PlanCompensation($)** |   | **NonqualifiedDeferredCompensationEarnings ($)** |   | **All OtherCompensationCompensation($) (2)(3)** |   | **Total ($)** |   |
| Tammy-Lynn                McNabb       |   | 2006 |   | $ | 120,000 |   | $ | — |   | — |   |   | — |   | — |   | — |   | — |   | $ | 120,000 |   |
| Chief                Executive Officer |   | 2005 |   | $ | 120,000 |   | $ | — |   | — |   | — |   | — |   | — |   | — |   | $ | 120,000 |   |
|                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |

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***Employment      Agreements***

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**GRANTS      OF PLAN BASED AWARDS **

|   |   |                      |   |                                                                                                 |   |                                                                               |   |       |   |         |   |      |   |       |   |
|--------|--------|---------------------------|--------|------------------------------------------------------------------------------------------------------|--------|------------------------------------------------------------------------------------|--------|------------|--------|--------------|--------|-----------|--------|------------|--------|
|   |   |                      |   |                  Estimated Future Payouts Under Non-Equity                Incentive Plan Awards |   | Estimated                Payouts Under Equity                Incentive Plan Awards |   |       |   |         |   |      |   |       |   |
| Name   |   | Grant                Date |   | Threshold($)                                                                                         |   | Target($)                                                                          |   | Maximum($) |   | Threshold(#) |   | Target(#) |   | Maximum(#) |   | All                Other Stock Awards; Number of Shares of Stock or Units(#) |   | All                Other Option Awards; Number of Securities Underlying Options(#) |   | Exercise                or Base Price of Option Awards($/Sh) |   | Grant                Date Fair Value of Stock and Option Awards |   |
| -      |   | -                         |   | -                                                                                               |   |  -                                                                            |   | -     |   | -       |   |  -   |   |  -    |   | - |   |  - |   |  - |   | - |   |

***Executive Officer Outstanding      Equity      Awards at Fiscal Year-End***

| **Option Awards**           |   | **Stock Awards**                                                  |    |                                                                     |
|----------------------------------|--------|------------------------------------------------------------------------|---------|--------------------------------------------------------------------------|
| **Name**                         |   | **Number ofSecuritiesUnderlyingUnexercisedOptions(#)Exercisable** |    | **Number ofSecuritiesUnderlyingUnexercisedOptions(#)Unexercisable** |   | **EquityIncentive PlanAwards:Number ofSecuritiesUnderlyingUnexercisedUnearnedOptions (#)** |   | **OptionExercisePrice ($)** |   | **OptionExpirationDate** |   | **Number ofShares orUnits ofStock ThatHave NotVested (#)** |   | **MarketValue ofShares orUnits ofStock ThatHave NotVested** |   | **EquityIncentivePlanAwards:NumberofUnearnedShares,Units orOtherRightsThat HaveNotVested** |   | **EquityIncentive PlanAwards:Market orPayout Value ofUnearnedShares, Units orOther RightsThat Have NotVested** |   |   |
| Tammy-Lynn                McNabb |   |                                                                   | — |                                                                     |   | — |   |   | — |   | $ | — |   | — |   |   | — |   |   | — |   |   | — |   |   | — |   |
|                             |   |                                                                   |    |                                                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                             |   |                                                                   |    |                                                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |

**DIRECTOR COMPENSATION**

***Cash      Compensation***

***Director      Compensation***

| **DIRECTOR COMPENSATION**                                   |   |
|------------------------------------------------------------------|--------|
|   **Name and****Principal****Position**           |   | **Fees****Earned****or Paid****in Cash****($)** |   |    **Stock****Awards ($)** |   |   **Option****Awards ($)****(1)** |   |  **Non-Equity****Incentive Plan****Compensation****($) (2)** |   |  **Nonqualified****Deferred****Compensation****Earnings ($)** |   |   **All Other****Compensation ($)****(3)** |   |     **Total ($)** |   |
| Tammy-Lynn                  McNabb                               |   | $ | — |   | — |   | $ | — |   | — |   | — |   | — |   | $ | — |   |
| Director                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                             |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Shannon                  de Delley                               |   | $ | — |   | — |   | $ | — |   | — |   | — |   | — |   | $ | — |   |
| Director                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                             |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Patrick                  Higgins                                 |   | $ | — |   | — |   | $ | — |   | — |   | — |   | — |   | $ | — |   |
| Director                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                             |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| David                  Wing Yiu ChoDirector                  (4) |   | $ | — |   | — |   | $ | — |   | — |   | — |   | 124,736 |   | $ | 124,736 |   |
|                                                             |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Chong-Jian                  ZhaoDirector                         |   | $ | — |   | — |   | $ | — |   | — |   | — |   | — |   | $ | — |   |
|                                                             |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Feng                  JunyiDirector                              |   | $ | — |   | — |   | $ | — |   | — |   | — |   | — |   | $ | — |   |

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**)*****     ***

**Item      11.****   ****  Security Ownership of Certain Beneficial      Owners and      Management and Related Stockholder Matters**

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| **Beneficial                  Owner** |    | **Shares of Common Stock Number** |   |   | **Beneficially Owned Percent** |   |
|---------------------------------------|--------------|-------------------------------------------------------|--------|--------|------------------------------------------|--------|
| Tammy-Lynn                  McNabb    |         | 11,513,260                                            |   |   | 8.18%                                    |   |
|                                  |         |                                                  |   |   |                                     |   |
| Shannon                  de Delley    |         | 5,000,000                                             |   |   | 3.55%                                    |   |
|                                  |         |                                                  |   |   |                                     |   |
| Patrick                  Higgins      |         | 0                                                     |   |   | 0                                        |   |
|                                  |         |                                                  |   |   |                                     |   |
| David                  Wing Yiu Cho   |         | 2,000,000                                             |   |   | 1.42%                                    |   |
|                                  |         |                                                  |
| Chong-Jian                  Zhao      |         | 4,000,000                                             |   |   | 2.8%                                     |   |
|                                  |         |                                                  |   |   |                                     |   |
| Feng                  Junyi           |         | 30,000,000                                            |   |   | 21.32%                                   |   |
|                                  |         |                                                  |   |   |                                     |   |
| Larry                  McNabb         |         | 9,886,000                                             |   |   | 7.0%                                     |   |
|                                  |         |                                                  |   |   |                                     |   |
| Luo                  Yizi             |         | 12,000,000                                            |   |   | 8.52%                                    |   |

***Changes in      Control***

**Item      12.  Certain Relationships and Related Transactions**

**Item      13.  Exhibits**

| EXHIBIT                  NUMBER | DESCRIPTION                                                                                                                    | LOCATION                                                                                                                                                             |
|---------------------------------|--------------------------------------------------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 3.1                  - 3.2      | Articles                  of Incorporation and Bylaws                                                                          | Incorporated                  by reference as Exhibits to the Form 8-K filed on December 12,                  2004 as                  amended on February 3, 2005.  |
| 10.1                            | Share                  Exchange Agreement between Vitasti, Inc. and Welwind Energy International                  Corporation. | Incorporated                  by reference as an Exhibit to the Form 8-K filed on August 17,                  2006 as                  amended on December 20, 2006. |
| 10.2                            | Stock                  Purchase Agreement between the Company and Feng Junyi.                                                  | Incorporated                  by reference as an Exhibit to the Form 8-K filed on December 4,                  2006.                                                 |
| 31.1                            | Rule                  13a-14(a)/15d-14(a) Certification (CEO)                                                                  | Filed                  herewith                                                                                                                                      |
| 31.2                            | Rule                  13a-14(a)/15d-14(a) Certification (CFO)                                                                  | Filed                  herewith                                                                                                                                      |
| 32.1                            | Section                  1350 Certification (CEO) and Certification (CFO)                                                      | Filed                  herewith                                                                                                                                      |

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**Item      14.   Principal Accounting Fees and Services**

**Audit Fees**

**Audit-Related      Fees**

**Tax Fees**

**All Other Fees**

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**SIGNATURES**

|   | **Welwind Energy International                Corporation**a Delaware Corporation |
|--------|-----------------------------------------------------------------------------------|
|   | By:                                                                               |   |
|   |                                                                              | /s/                Tammy-Lynn McNabb |
|   |                                                                              | Tammy-Lynn                McNabb*Chief Executive Officer, Chief                Financial Officer**and                Chairman of the Board*   |

| Signature                                 |   | Position                                                                                             |   | Date           |
|-------------------------------------------|--------|------------------------------------------------------------------------------------------------------|--------|----------------|
|  /s/Tammy-Lynn                McNabb |   |  Chief Executive Officer, Chief Financial                Officer and Chairman of the Board |   | March 30, 2007 |
| Tammy-Lynn                McNabb          |   |                                                                                            |   |           |
|                                      |   |                                                                                                 |   |           |
| /s/Shannon                de Delley       |   | Director                                                                                             |   | March 30, 2007 |
| Shannon                de Delley          |   |                                                                                                 |   |           |
|                                      |   |                                                                                                 |   |           |
| /s/Patrick                Higgins         |   | Director                                                                                             |   | March 30, 2007 |
| Patrick                Higgins            |   |                                                                                                 |   |           |
|                                      |   |                                                                                                 |   |           |
|                                      |   |                                                                                                 |   |           |
| /s/Chong-Jian                Zhao         |   | Director                                                                                             |   | March 30, 2007 |
| Chong-Jian                Zhao            |   |                                                                                                 |   |           |
|                                      |   |                                                                                                 |   |           |
| /s/Feng                Junyi              |   | Director                                                                                             |   | March 30, 2007 |
| Feng                Junyi                 |   |                                                                                                 |   |           |