UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549  FORM 10-Q   X.QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2010  .TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT For the transition period from ______ to _______  Commission File Number 333-144944  ROSTOCK VENTURES CORP. (Name of small business issuer in its charter)  Nevada98-0514250(State of incorporation)(I.R.S. Employer Identification No.)  3033 Fifth Avenue, Suite 201 San Diego, CA 92103 (Address of principal executive offices)  619-399-3090 (Registrants telephone number)  with a copy to: Carrillo Huettel, LLP 3033 Fifth Ave. Suite 201 San Diego, CA 92103 Telephone (619) 399-3090 Facsimile (619) 399-0120  Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. X.Yes      . No  Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).   .Yes      .No (Not required)  Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of "large accelerated filer," "accelerated filer" and "smaller reporting company" in Rule 12b-2 of the Exchange Act.  Large Accelerated Filer
.Accelerated Filer
.Non-Accelerated Filer
.Smaller Reporting Company
X.  Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).   .Yes   X.No  As of November 12, 2010, there were 40,698,273shares of the registrants $.001 par value common stock issued and outstanding.     ROSTOCK VENTURES CORP.* TABLE OF CONTENTS  PagePART I.                FINANCIAL INFORMATIONITEM 1.UNAUDITED FINANCIAL STATEMENTS3ITEM 2.MANAGEMENTS DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS9ITEM 3.QUALITATIVE AND QUANTITATIVE DISCLOSURES ABOUT MARKET RISK12ITEM 4.CONTROLS AND PROCEDURES12PART II.               OTHER INFORMATIONITEM 1.LEGAL PROCEEDINGS13ITEM 1A.RISK FACTORS13ITEM 2.UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS13ITEM 3.DEFAULTS UPON SENIOR SECURITIES13ITEM 4.[REMOVED AND RESERVED]13ITEM 5.OTHER INFORMATION13ITEM 6.EXHIBITS13  Special Note Regarding Forward-Looking Statements  Information included in this Form 10-Q contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (Securities Act), and Section 21E of the Securities Exchange Act of 1934, as amended (Exchange Act). This information may involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Rostock Ventures Corp. (the Company), to be materially different from future results, performance or achievements expressed or implied by any forward-looking statements. Forward-looking statements, which involve assumptions and describe future plans, strategies and expectations of the Company, are generally identifiable by use of the words may, will, should, expect, anticipate, estimate, believe, intend, or project or the negative of these words or other variations on these words or comparable terminology. These forward-looking statements are based on assumptions that may be incorrect, and there can be no assurance that these projections included in these forward-looking statements will come to pass. Actual results of the Company could differ materially from those expressed or implied by the forward-looking statements as a result of various factors. Except as required by applicable laws, the Company has no obligation to update publicly any forward-looking statements for any reason, even if new information becomes available or other events occur in the future.  *Please note that throughout this Quarterly Report, and unless otherwise noted, the words "we," "our," "us," the "Company," or "ROSV" refers to Rostock Ventures Corp.   2   PART I: FINANCIAL INFORMATION  ITEM 1. FINANCIAL STATEMENTS  ROSTOCK VENTURES CORP.(A Development Stage Company)Balance Sheets(Unaudited)September 30,December 31,20102009AssetsCurrent assets:Cash and cash equivalents$401$3,499Total assets$401$3,499Liabilities and Stockholders DeficitCurrent liabilities:Accounts payable and accrued expenses$7,919$9,403Notes payable, shareholder109,97865,131Total liabilities117,89774,534Stockholders deficit:Preferred stock, $0.001 par value; 100,000,000 shares authorized, 0 shares issued and outstanding--Common stock, $0.001 par value; 100,000,000 shares authorized, 40,698,273 shares issued and outstanding40,69840,698Additional paid-in capital57,11555,534Deficit accumulated during the development stage(215,309)(167,267)Total stockholders deficit(117,496)(71,035)Total liabilities and stockholders deficit$401$3,499  See accompanying notes to these financial statements.   3    ROSTOCK VENTURES CORP.(A Development Stage Company)Statements of Operations(Unaudited)November 2, 2006 (Inception) to September 30, 2010Three Months Ended September 30,Nine  Months Ended September 30,2010200920102009Operating expenses:Exploration and testing$-$14,105$7,862$14,105$58,330Legal and professional expenses-1,96312,5004,36649,042Other selling, general and administrative3,5075,15023,03614,809105,360Total Operating Expenses3,50721,21843,39833,280212,732Loss from Operations(3,507)(21,218)(43,398)(33,280)(212,732)Other gain (expense):Interest expense(2,311)(64)(4,644)(64)(6,973)Foreign currency exchange gain (loss)-30-2564,396Total Other Gain (Expense)(2,311)(34)(4,644)192(2,577)Net loss$(5,818)$(21,252)$(48,042)$(33,088)$(215,309)Basic and diluted net loss per common share$0.00$0.00$0.00$0.00N/AWeighted average common shares outstanding40,698,27340,698,27340,698,27340,698,273N/A  See accompanying notes to these financial statements.  4    ROSTOCK VENTURES CORP.(A Development Stage Company)Statements of Cash Flows(Unaudited)November 2, 2006 (Inception) to     September 30, 2010Nine Months Ended September 30,20102009Cash flows from operating activities:Net loss$(48,042)$(33,088)$(215,309)Adjustments to reconcile net loss to net cash used in operating activities:Write-off of mining claim costs-11,02522,025Imputed interest1,581-3,392Changes in assets and liabilities:Receivables-(280)-Accounts payable and accrued expenses(1,484)2,2067,919Foreign currency (gain) loss-(256)4,396Net cash used in operating activities(47,945)(20,393)(177,577)Cash flows from investing activities:Purchase of mining claim-(11,025)(22,025)Cash flows from financing activities:Cash received for stock issued--43,734Cash received for stock not issued--50,687Borrowings on debt44,84730,000109,978Advances from shareholder-14,60015,131Assignment of shareholder advances--(15,131)Net cash provided by financing activities44,84744,600204,399Foreign exchange effect on cash-256(4,396)Net increase (decrease) in cash and cash equivalents(3,098)13,438401Cash and cash equivalents at beginning of period3,499581-Cash and cash equivalents at end of period$401$14,019$401Supplemental information:Cash paid for interest$-$-Cash paid for income taxes$-$-  See accompanying notes to these financial statements.    5   Rostock Ventures Corporation (A Development Stage Company) NOTES TO UNAUDITED FINANCIAL STATEMENTS  1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES  Nature of Business  Rostock Ventures, Corp. (Rostock) was incorporated November 2, 2006 in Nevada and is a development stage company.  Rostock  was formed to seek business opportunities in mineral exploration.  At September 30, 2009, Rostock had purchased 59 mining claims in the Tintina Gold Belt in Yukon Territory, Canada and is in the process of geologically evaluating and testing these claims as well as raising operating capital and further developing its business plan for future acquisitions.  Basis of Presentation  The accompanying unaudited interim financial statements of Rostock Ventures, Corp. have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules of the Securities and Exchange Commission, and should be read in conjunction with the audited financial statements and notes thereto contained in Rostocks Annual Financial Statements included herein on this Form 10-K filed with the SEC.  In the opinion of management, all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of financial position and the results of operations for the interim period presented have been reflected herein. The results of operations for the interim period is not necessarily indicative of the results to be expected for the full year. Notes to the financial statements which would substantially duplicate the disclosures contained in the audited financial statements for the most recent fiscal period ended December 31, 2009 have been omitted.  Recent Accounting  Pronouncements  In January 2010, the FASB issued Accounting Standards Update 2010-02, Consolidation (Topic 810):  Accounting and Reporting for Decreases in Ownership of a Subsidiary. This amendment to Topic 810 clarifies, but does not change, the scope of current US GAAP. It clarifies the decrease in ownership provisions of Subtopic 810-10 and removes the potential conflict between guidance in that Subtopic and asset derecognition and gain or loss recognition guidance that may exist in other US GAAP. An entity will be required to follow the amended guidance beginning in the period that it first adopts FAS 160 (now included in Subtopic 810-10). For those entities that have already adopted FAS 160, the amendments are effective at the beginning of the first interim or annual reporting period ending on or after December 15, 2009. The amendments should be applied retrospectively to the first period that an entity adopted FAS 160. The Company does not expect the provisions of ASU 2010-02 to have a material effect on the financial position, results of operations or cash flows of the Company.  In January 2010, the FASB issued Accounting Standards Update 2010-01, Equity (Topic 505):  Accounting for Distributions to Shareholders with Components of Stock and Cash (A Consensus of the FASB Emerging Issues Task Force). This amendment to Topic 505 clarifies the stock portion of a distribution to shareholders that allows them to elect to receive cash or stock with a limit on the amount of cash that will be distributed is not a stock dividend for purposes of applying Topics 505 and 260.  Effective for interim and annual periods ending on or after December 15, 2009, and would be applied on a retrospective basis. The Company does not expect the provisions of ASU 2010-01 to have a material effect on the financial position, results of operations or cash flows of the Company.     6    In January 2010, the FASB issued an amendment to ASC 820, Fair Value Measurements and Disclosure, to require reporting entities to separately disclose the amounts and business rationale for significant transfers in and out of Level 1 and Level 2 fair value measurements and separately present information regarding purchase, sale, issuance, and settlement of Level 3 fair value measures on a gross basis. This standard, for which the Company is currently assessing the impact, is effective for interim and annual reporting periods beginning after December 15, 2009 with the exception of disclosures regarding the purchase, sale, issuance, and settlement of Level 3 fair value measures which are effective for fiscal years beginning after December 15, 2010. The adoption of this standard is not expected to have a significant impact on the Companys consolidated financial statements.  In October 2009, FASB issued an amendment to the accounting standards related to the accounting for revenue in arrangements with multiple deliverables including how the arrangement consideration is allocated among delivered and undelivered items of the arrangement. Among the amendments, this standard eliminated the use of the residual method for allocating arrangement considerations and requires an entity to allocate the overall consideration to each deliverable based on an estimated selling price of each individual deliverable in the arrangement in the absence of having vendor-specific objective evidence or other third party evidence of fair value of the undelivered items. This standard also provides further guidance on how to determine a separate unit of accounting in a multiple-deliverable revenue arrangement and expands the disclosure requirements about the judgments made in applying the estimated selling price method and how those judgments affect the timing or amount of revenue recognition. This standard, for which the Company is currently assessing the impact, will become effective on January 1, 2011.  In October 2009, the FASB issued an amendment to the accounting standards related to certain revenue arrangements that include software elements. This standard clarifies the existing accounting guidance such that tangible products that contain both software and non-software components that function together to deliver the products essential functionality, shall be excluded from the scope of the software revenue recognition accounting standards. Accordingly, sales of these products may fall within the scope of other revenue recognition standards or may now be within the scope of this standard and may require an allocation of the arrangement consideration for each element of the arrangement. This standard, for which the Company is currently assessing the impact, will become effective on January 1, 2011.  The Company has implemented all new accounting pronouncements that are in effect. These pronouncements did not have any material impact on the consolidated financial statements unless otherwise disclosed, and the Company does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations  Reclassifications  Certain prior year amounts have been reclassified to conform with the current year presentation.  2. GOING CONCERN  The accompanying financial statements have been prepared on a going concern basis, which contemplates the realization of assets and liabilities in the ordinary course of business. Operating losses have been incurred each year since inception, resulting in an accumulated deficit at September 30, 2010. This condition raises substantial doubt about Rostocks ability to continue as a going concern. Currently, management is attempting to raise further capital to fund these losses; however, no assurance can be given as to the success of these efforts.  The financial statements of Rostock do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts and classification of liabilities that might be necessary if Rostock is unable to continue as a going concern.  3. DEBT  Notes payable consist of proceeds from the following loan agreements:  The first loan in the amount of $20,000 is from an individual dated October 29, 2008.  The loan is payable on demand, is non interest bearing and is unsecured.  On January 18, 2010 the holder of the note executed an assignment agreement and general release to transfer the obligation to the shareholder effective as of the date the funds were advanced.  Imputed interest in the amount of $2,097 is included in additional paid in capital.  The second loan of $15,132 is from net funds advanced by a former shareholder.  On January 18, 2010 the former shareholder assigned and transferred his rights to these funds to the current shareholder.  The assignment was effective as of the dates funds were advanced.  The funds advanced bear no interest and are unsecured. Imputed interest in the amount of $1,295 is included in additional paid in capital.  7    The third loan is dated September 17, 2009, in the amount of $30,000 and bears interest at 6%.  The loan matured September 18, 2010, along with unpaid interest.  The loan has not been extended and continues to accrue interest at 6% payable on demand. Additional funds of $14,928 were advanced by this lender on March 12, 2010 bringing the total loan balance to $44,928. Interest of $2,360 has been accrued on this note as of September 30, 2010.  The loan is unsecured. On May 4, 2010 the lender advanced an additional $29,918 in funds payable on demand and bearing interest at 10%.  Interest of $1,221 has been accrued on this note as of September 30, 2010.  The loan is unsecured.  4. EQUITY  Preferred stock may be divided into and issued into one or more series by the Board of Directors.  The Board is authorized to determine rights, preferences, limitations and terms of preferred shares.  There were no preferred shares outstanding at September 30, 2010.  From inception (November 2, 2006) through December 31, 2007, Rostock sold 40,698,273 (post forward split) shares of common stock for proceeds totaling $43,734.  28,000,000 (post forward split) of these shares were issued to the founder at $0.01 per share for proceeds of $40,000.  5. SUBSEQUENT EVENTS  The Company evaluated all events or transactions that occurred after September 30, 2010 up through the date the Company issued these financial statements.  During this period, the Company did not have any material recognizable subsequent events.          8    ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION OR PLAN OF OPERATION  FORWARD-LOOKING STATEMENTS  This Management's Discussion and Analysis or Plan of Operation (MD&A) contains forward-looking statements that involve known and unknown risks, significant uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed, or implied, by those forward-looking statements.  You can identify forward-looking statements by the use of the words may, will, should, could, expects, plans, anticipates, believes, estimates, predicts, intends, potential, proposed, or continue or the negative of those terms.  These statements are only predictions. In evaluating these statements, you should specifically consider various factors, including the risk factors outlined below.  These factors may cause our actual results to differ materially from any forward-looking statements.  Although we believe that the exceptions reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements.  Therefore, actual results may differ materially and adversely from those expressed in any forward-looking statements.  We undertake no obligation to revise or update publicly any forward-looking statements for any reason.  Cash Requirements  Our cash on hand as of September 30, 2010 is $401. We do not have sufficient cash on hand to pay the costs of our operations as projected to twelve (12) months or less or to fund our operations for that same period of time. We will require additional financing in order to proceed with some or all of our goals as projected over the next twelve (12) months. We presently do not have any arrangements for additional financing, and no potential lines of credit or sources of financing are currently available for the purpose of proceeding with any of our goals projected over the next twelve (12) months and beyond.  Any additional growth of the Company will require additional cash infusions. We may face expenses or other circumstances such that we will have additional financing requirements. In such event, the amount of additional capital we may need to raise will depend on a number of factors. These factors primarily include the extent to which we can achieve revenue growth, the profitability of such revenues, operating expenses, research and development expenses, and capital expenditures.  Notwithstanding the numerous factors that our cash requirements depend on, and the uncertainties associated with each of the major revenue opportunities that we have, we believe that our plan of operation can build long-term value if we are able to demonstrate clear progress toward our objectives.  Progress in the development of our business plan will likely lend credibility to our plan to achieve profitability.  The Company does not anticipate any contingency upon which it would voluntarily cease filing reports with the SEC. It is in the compelling interest of this Registrant to report its affairs quarterly, annually and currently, as the case may be, generally to provide accessible public information to interested parties, and also specifically to maintain its eligibility for the OTCBB.  The failure to secure any necessary outside funding could have an adverse affect on our development and results therefrom and a corresponding negative impact on shareholder liquidity.  Results of Operations for the Three Months Ended September 30, 2010 Compared to the Three Months Ended September 30, 2009  We did not generate any revenue for the three-month periods ended September 30, 2010 and 2009. We do not anticipate generating revenues until we raise sufficient capital to conduct our exploration activities and locate commercial quantities of minerals, of which there can be no assurance.  We had a net loss from operations for the three-month period ended September 30, 2010 of $5,818 compared to $21,252 for the three-month period ended September 30, 2009; a decrease of $15,434.  Operating expenses incurred during the three-month period ended September 30, 2010 totaled $3,507 compared to $21,218 incurred during the three month-period ended September 30, 2009. This decrease of $17,711 is primarily due to increases of $1,963 in legal fees, $14,105 in exploration and testing and $1,643 in other selling, general and administrative expenses.  Interest expense was $2,311 and $64 for the three-month period ended September 30, 2010 and 2009, respectively.  We had a foreign exchange gain of $0 for the three-month period ended September 30, 2010 compared to $30 for the three-month period ended September 30, 2009, in connection with foreign currency translation adjustments of our assets.   9   Results of Operations for the Nine Months Ended September 30, 2010 Compared to the Nine Months Ended September 30, 2009  We did not generate any revenue for the nine month periods ended September 30, 2010 and 2009, or for the period from inception, November 2, 2006, through September 30, 2010. We do not anticipate generating revenues until we raise sufficient capital to conduct our exploration activities and locate commercial quantities of minerals, of which there can be no assurance.  We had a net loss from operations for the nine month period ended September 30, 2010 of $48,042 compared to $33,088 for the nine month period ended September 30, 2009; an increase of $14,954.  Operating expenses incurred during the nine month period ended September 30, 2010 totaled $43,398 compared to $33,280 incurred during the nine month period ended September 30, 2009. This increase of $10,118 is primarily due to increases of $8,134 in legal fees and $8,227 in other selling, general and administrative expenses. These increases are offset by a decrease of  $6,243 in exploration and testing.  Interest expense was $4,644 and $64 for the nine month period ended September 30, 2010 and 2009, respectively.  We had a foreign exchange gain of $0 for the nine month period ended September 30, 2010 compared to $256 for the nine month period ended September 30, 2009, in connection with foreign currency translation adjustments of our assets.  We currently anticipate having a net loss for each quarterly and annual period moving forward until we are able to discover and successfully extract minerals and generate any revenues through the sale of such minerals, of which there can be no assurance.  Liquidity and Capital Resources  We had current assets of $401 as of September 30, 2010, consisting entirely of cash and cash equivalents. We had no other assets besides the cash and cash equivalents as of September 30, 2010.  We had total liabilities, consisting solely of current liabilities, of $117,897 as of September 30, 2010. These liabilities consisted of accounts payable, accrued expenses and notes payable to shareholders.  We had a working capital deficit of $117,496 and a total deficit accumulated during the development stage of $215,309 as of September 30, 2010.  Going Concern  We have not attained profitable operations and are dependent upon obtaining financing to pursue any extensive acquisitions and activities. For these reasons, our auditors stated in their report on our audited financial statements that they have substantial doubt that we will be able to continue as a going concern without further financing.  Future Financings  We will continue to rely on equity sales of our common shares in order to continue to fund our business operations. Issuances of additional shares will result in dilution to existing stockholders. There is no assurance that we will achieve any additional sales of the equity securities or arrange for debt or other financing to fund planned acquisitions and exploration activities.  Off-Balance Sheet Arrangements  We have no significant off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that are material to stockholders.  Critical Accounting Policies  The accompanying unaudited interim financial statements of Rostock Ventures, Corp. have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules of the Securities and Exchange Commission, and should be read in conjunction with the audited financial statements and notes thereto contained in Rostocks Annual Financial Statements included herein on the Form 10-K filed with the SEC. In the opinion of management, all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of financial position and the results of operations for the interim period presented have been reflected herein. The results of operations for the interim period is not necessarily indicative of the results to be expected for the full year. Notes to the financial statements which would substantially duplicate the disclosures contained in the audited financial statements for the most recent fiscal period ended December 31, 2009 have been omitted.  10    Recent Accounting Standards  In January 2010, the FASB issued Accounting Standards Update 2010-02, Consolidation (Topic 810): Accounting and Reporting for Decreases in Ownership of a Subsidiary. This amendment to Topic 810 clarifies, but does not change, the scope of current US GAAP. It clarifies the decrease in ownership provisions of Subtopic 810-10 and removes the potential conflict between guidance in that Subtopic and asset derecognition and gain or loss recognition guidance that may exist in other US GAAP. An entity will be required to follow the amended guidance beginning in the period that it first adopts FAS 160 (now included in Subtopic 810-10). For those entities that have already adopted FAS 160, the amendments are effective at the beginning of the first interim or annual reporting period ending on or after December 15, 2009. The amendments should be applied retrospectively to the first period that an entity adopted FAS 160. The Company does not expect the provisions of ASU 2010-02 to have a material effect on the financial position, results of operations or cash flows of the Company.  In January 2010, the FASB issued Accounting Standards Update 2010-01, Equity (Topic 505): Accounting for Distributions to Shareholders with Components of Stock and Cash (A Consensus of the FASB Emerging Issues Task Force). This amendment to Topic 505 clarifies the stock portion of a distribution to shareholders that allows them to elect to receive cash or stock with a limit on the amount of cash that will be distributed is not a stock dividend for purposes of applying Topics 505 and 260. Effective for interim and annual periods ending on or after December 15, 2009, and would be applied on a retrospective basis. The Company does not expect the provisions of ASU 2010-01 to have a material effect on the financial position, results of operations or cash flows of the Company.  In January 2010, the FASB issued an amendment to ASC 820, Fair Value Measurements and Disclosure, to require reporting entities to separately disclose the amounts and business rationale for significant transfers in and out of Level 1 and Level 2 fair value measurements and separately present information regarding purchase, sale, issuance, and settlement of Level 3 fair value measures on a gross basis. This standard, for which the Company is currently assessing the impact, is effective for interim and annual reporting periods beginning after December 15, 2009 with the exception of disclosures regarding the purchase, sale, issuance, and settlement of Level 3 fair value measures which are effective for fiscal years beginning after December 15, 2010. The adoption of this standard is not expected to have a significant impact on the Companys consolidated financial statements.  In October 2009, FASB issued an amendment to the accounting standards related to the accounting for revenue in arrangements with multiple deliverables including how the arrangement consideration is allocated among delivered and undelivered items of the arrangement. Among the amendments, this standard eliminated the use of the residual method for allocating arrangement considerations and requires an entity to allocate the overall consideration to each deliverable based on an estimated selling price of each individual deliverable in the arrangement in the absence of having vendor-specific objective evidence or other third party evidence of fair value of the undelivered items. This standard also provides further guidance on how to determine a separate unit of accounting in a multiple-deliverable revenue arrangement and expands the disclosure requirements about the judgments made in applying the estimated selling price method and how those judgments affect the timing or amount of revenue recognition. This standard, for which the Company is currently assessing the impact, will become effective on January 1, 2011.  In October 2009, the FASB issued an amendment to the accounting standards related to certain revenue arrangements that include software elements. This standard clarifies the existing accounting guidance such that tangible products that contain both software and non-software components that function together to deliver the products essential functionality, shall be excluded from the scope of the software revenue recognition accounting standards. Accordingly, sales of these products may fall within the scope of other revenue recognition standards or may now be within the scope of this standard and may require an allocation of the arrangement consideration for each element of the arrangement. This standard, for which the Company is currently assessing the impact, will become effective on January 1, 2011.  The Company has implemented all new accounting pronouncements that are in effect. These pronouncements did not have any material impact on the consolidated financial statements unless otherwise disclosed, and the Company does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations   11    ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK  We are a smaller reporting company as defined by Rule 12b-2 of the Securities Exchange Act of 1934 and are not required to provide the information under this item.  ITEM 4. CONTROLS AND PROCEDURES  Disclosure Controls and Procedures  We carried out an evaluation, under the supervision and with the participation of our management, including our principal executive officer and principal financial officer, of the effectiveness of our disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)).  Based upon that evaluation, our principal executive officer and principal financial officer concluded that, as of the end of the period covered in this report, our disclosure controls and procedures were not effective to ensure that information required to be disclosed in reports filed under the Securities Exchange Act of 1934 is recorded, processed, summarized and reported within the required time periods and is accumulated and communicated to our management, including our principal executive officer and principal financial officer, as appropriate to allow timely decisions regarding required disclosure.  Please refer to our Annual Report on Form 10-K as filed with the SEC on March 31, 2010, for a complete discussion relating to the foregoing evaluation of Disclosures and Procedures.  Our management, including our principal executive officer and principal financial officer, does not expect that our disclosure controls and procedures or our internal controls will prevent all error or fraud.  A control system, no matter how well conceived and operated, can provide only reasonable, not absolute, assurance that the objectives of the control system are met.  Further, the design of a control system must reflect the fact that there are resource constraints and the benefits of controls must be considered relative to their costs.  Due to the inherent limitations in all control systems, no evaluation of controls can provide absolute assurance that all control issues and instances of fraud, if any, have been detected. To address the material weaknesses, we performed additional analysis and other post-closing procedures in an effort to ensure our consolidated financial statements included in this annual report have been prepared in accordance with generally accepted accounting principles. Accordingly, management believes that the financial statements included in this report fairly present in all material respects our financial condition, results of operations and cash flows for the periods presented.  Management's Report on Internal Control over Financial Reporting  Our management is responsible for establishing and maintaining adequate control over financial reporting (as defined in Rule 13a-15(f) promulgated under the Exchange Act. Our management assessed the effectiveness of our internal control over financial reporting as of September 30, 2010. In making this assessment, our management used the criteria set forth by the Committee of Sponsoring Organizations of the Treadway Commission ("COSO") in Internal Control-Integrated Framework. Our management has concluded that, as of September 30, 2010, our internal control over financial reporting is not effective based on these criteria, due to material weaknesses resulting from not having an Audit Committee or financial expert on our Board of Directors and our failure to maintain appropriate cash controls.  Please refer to our Annual Report on Form 10-K as filed with the SEC on March 31, 2010, for a complete discussion relating to the foregoing evaluation of our Internal Control over Financial Reporting.  Changes in Internal Control over Financial Reporting  Our management has also evaluated our internal control over financial reporting, and there have been no significant changes in our internal controls or in other factors that could significantly affect those controls subsequent to the date of our last evaluation.  The Company is not required by current SEC rules to include, and does not include, an auditor's attestation report. The Company's registered public accounting firm has not attested to Management's reports on the Company's internal control over financial reporting.   12   PART II - OTHER INFORMATION  ITEM 1. LEGAL PROCEEDINGS.  We know of no material, existing or pending legal proceedings against our company, nor are we involved as a plaintiff in any material proceeding or pending litigation. There are no proceedings in which our director, officer or any affiliates, or any registered or beneficial shareholder, is an adverse party or has a material interest adverse to our interest.  ITEM 1A. RISK FACTORS.  We are a smaller reporting company as defined by Rule 12b-2 of the Securities Exchange Act of 1934 and are not required to provide the information under this item.  ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS.  1.            Quarterly Issuances:  During the quarter, we did not issue any unregistered securities other than as previously disclosed.  2.            Subsequent Issuances:  Subsequent to the quarter, we did not issue any unregistered securities other than as previously disclosed.  ITEM 3. DEFAULTS UPON SENIOR SECURITIES.  None.  ITEM 4. [REMOVED AND RESERVED]  ITEM 5. OTHER INFORMATION.  None.  ITEM 6. EXHIBITS


|               |                                                                                                      |                                                                                        
|-------------- | ---------------------------------------------------------------------------------------------------- | ---------------------------------------------------------------------------------------
|Exhibit
Number | Description of Exhibit                                                                               | Filing                                                                                 
|3.01           | Articles of Incorporation                                                                            | Filed with the SEC on July 30, 2007 as part of our Registration Statement on Form SB-2.
|3.02           | Bylaws                                                                                               | Filed with the SEC on July 30, 2007 as part of our Registration Statement on Form SB-2.
|10.01          | Assignment Agreement with Marino Specogna dated May 10, 2010                                         | Filed with the SEC on May 13, 2010 as part of our Current Report on Form 8-K.          
|31.01          | Certification of Principal Executive Officer and Principal Financial Officer Pursuant to Rule 13a-14 | Filed herewith.                                                                        
|32.01          | CEO and CFO Certification Pursuant to Section 906 of the Sarbanes-Oxley Act                          | Filed herewith.                                                                        

13   SIGNATURES  Pursuant to the requirements of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.  ROSTOCK VENTURES CORP.Dated: November 15, 2010By:   /s/ Luis CarrilloLUIS CARRILLOChief Executive Officer, Chief Financial Officer, President, Secretary and Treasurer    14