UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549  FORM 10-QSB  (Mark One) [X]QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the quarterly period ended March 31, 2008[   ]TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACTFor the transition period from _________________ to _________________Commission file number 333-144082Marvins Place, Inc.(Exact name of small business issuer as specified in its charter)Nevada20-8789451(State or jurisdiction of incorporation or organization)(I.R.S. Employer Identification No.)13245 Sunnyslope DriveChino Hills, California 91709(Address of principal executive offices)(626) 208-1350(Issuer's telephone number)(Former name, former address and former fiscal year, if changed since last report)  APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY
PROCEEDINGS DURING THE PRECEDING FIVE YEARS Check whether the registrant filed all documents and reports required to be filed by Section l2, 13 or 15(d) of the Exchange Act after the distribution of securities under a plan confirmed by a court. Yes [  ] No [  ] APPLICABLE ONLY TO CORPORATE ISSUERS State the number of shares outstanding of each of the issuer's classes of common equity, as of the latest practicable date: Common Stock, 3,500,000 shares issued and outstanding as of May 15, 2008. Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act): Yes [X] No [  ] Transitional Small Business Disclosure Format (Check one): Yes [  ] No [  ]  5   TABLE OF CONTENTS PAGE PART I  FINANCIAL INFORMATION 7 Item 1. Financial Statements. 7 Item 2. Management's Discussion and Plan of Operation. 12 Item 3. Controls and Procedures 14 PART II  OTHER INFORMATION 16 Item 1. Legal Proceedings. 16 Item 2. Changes in Securities. 16 Item 3. Defaults Upon Senior Securities. 16 Item 4. Submission of Matters to a Vote of Security Holders. 16 Item 5. Other Information. 16 Item 6. Exhibits and Reports on Form 8-K. 16 SIGNATURES 18         5   PART I  FINANCIAL INFORMATION  Item 1. Financial Statements.             5   Marvins Place, Inc. (A Developmental Stage Company) Balance Sheets   ASSETSMarch 31,December 31,20082007(unaudited)CURRENT ASSETSCash$12,750$76,965Total Current Assets12,75076,965TOTAL ASSETS$12,750$76,965LIABILITIES AND STOCKHOLDERS' EQUITYCURRENT LIABILITIESAccounts payable$-$56,750Advances from related parties-400Total Current Liabilities-57,150STOCKHOLDERS' EQUITYPreferred stock, 5,000,000 shares authorizedat par value of $0.001, no sharesissued and outstanding--Common stock, 70,000,000 shares authorizedat par value of $0.001, 2,805,000 and 1,750,000$0.001;3,500,000shares issued and outstanding3,5003,500Additional paid-in capital76,50076,500Deficit accumulated during the development stage(67,250)(60,185)Total Stockholders' Equity12,75019,815TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY$12,750$76,965The accompanying notes are an integral part of these financial statements.  5     Marvins Place, Inc. (A Developmental Stage Company) Statements of Operations (unaudited)   FromFor the ThreeInception onMonths EndedApril 11, 2007March 31,Through2008March 31, 2008REVENUES$             -$                       -COST OF SALES--GROSS MARGIN--OPERATING EXPENSESGeneral and administrative7,06567,250Total Operating Expenses7,06567,250INCOME (LOSS) FROMOPERATIONS(7,065)(67,250)OTHER EXPENSESInterest expense--Total Other Expenses--NET LOSS BEFORE INCOME TAXES(7,065)(67,250)INCOME TAX EXPENSE--NET LOSS$     (7,065)$             (67,250)BASIC LOSS PER SHARE$       (0.00)WEIGHTED AVERAGE NUMBEROF SHARES OUTSTANDING3,500,000    The accompanying notes are an integral part of these financial statements.  5   Marvins Place, Inc. (A Developmental Stage Company) Statements of Stockholders Equity (unaudited)  AdditionalCommon StockPaid-inAccumulatedSharesAmountCapitalDeficitTotalBalance on April 11, 2007-$-$-$-$-Common stock issued forcash at $0.004 per share2,000,0002,0003,000-5,000Common stock issued forcash at $0.05per share1,500,0001,50073,500-75,000Net loss for the year endedDecember 31, 2007---(60,185)(60,185)Balance,  December 31, 20073,500,0003,50076,500(60,185)19,815Net loss for the three monthsended March 31, 2008---(7,065)(7,065)Balance,  March 31, 20083,500,000$3,500$76,500$(67,250)$12,750           The accompanying notes are an integral part of these financial statements.      5   Marvins Place, Inc. (A Developmental Stage Company) Statements of Cash Flows (unaudited)   FromFor the ThreeInception onMonths EndedApril 11, 2007March 31,Through2008December 31, 2007OPERATING ACTIVITIESNet loss$(7,065)$(67,250)Adjustments to reconcile net loss tonet cash used by operating activities:Common stock issued for services--Changes in operating assets and liabilities:Increase (decrease) in accounts payable(56,750)-Net Cash Used by Operating Activities(63,815)(67,250)INVESTING ACTIVITIES--FINANCING ACTIVITIESProceeds from common stock issued-80,000Increase in advances from related parties(400)-Net Cash Used by Financing Activities(400)80,000NET DECREASE IN CASH(64,215)12,750CASH AT BEGINNING OF PERIOD76,965-CASH AT END OF PERIOD$12,750$12,750SUPPLEMENTAL CASH FLOW INFORMATION:CASH PAID FOR:Interest$-$-Income taxes$-$-  The accompanying notes are an integral part of these financial statements   5   Marvins Place, Inc. Notes to the Condensed Financial Statements March 31, 2008 and December 31, 2007  NOTE 1 - CONDENSED FINANCIAL STATEMENTS  The accompanying financial statements have been prepared by the Company without audit.  In the opinion of management, all adjustments (which include only normal recurring adjustments) necessary to present fairly the financial position, results of operations, and cash flows at March 31, 2008, and for all periods presented herein, have been made.  Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted.  It is suggested that these condensed financial statements be read in conjunction with the financial statements and notes thereto included in the Companys December 31, 2007 audited financial statements.  The results of operations for the periods ended March 31, 2008 and 2007 are not necessarily indicative of the operating results for the full years.  NOTE 2 - GOING CONCERN  The Companys financial statements are prepared using generally accepted accounting principles in the United States of America applicable to a going concern which contemplates the realization of assets and liquidation of liabilities in the normal course of business. The Company has not yet established an ongoing source of revenues sufficient to cover its operating costs and allow it to continue as a going concern. The ability of the Company to continue as a going concern is dependent on the Company obtaining adequate capital to fund operating losses until it becomes profitable. If the Company is unable to obtain adequate capital, it could be forced to cease operations.  In order to continue as a going concern, the Company will need, among other things, additional capital resources. Managements plan is to obtain such resources for the Company by obtaining capital from management and significant shareholders sufficient to meet its minimal operating expenses and seeking equity and/or debt financing. However management cannot provide any assurances that the Company will be successful in accomplishing any of its plans.  The ability of the Company to continue as a going concern is dependent upon its ability to successfully accomplish the plans described in the preceding paragraph and eventually secure other sources of financing and attain profitable operations. The accompanying financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.  5


Item 2. Management's Discussion and Plan of Operation. This section must be read in conjunction with the unaudited Financial Statements included in this report. A. Managements Discussion Marvins Place, Inc. ("Meltdown" or the "Company"), incorporated in the State of Nevada on April 4, 2007,  is a development stage company with the with the principal business objective of becoming a premier franchisor of retail shipping, postal, courier and business service centers by providing a wide range of convenient, value-added business services to consumers, mobile and traveling professionals and the small office/home office market. The Company was founded based on the need of individuals and companies to have dependable, consistent and professional business service centers where they can obtain a wide variety of benefits such as packaging, shipping, copy and print assistance, mailbox locations, email retrieval, delivery and messenger couriers and convenient office supplies.  It is our goal to become the most dependable, consistent and professional business service center available to the public.  We will recognize that each customer we will serve has different needs, requirements and concerns pertinent to their business.  Our primary customer service goal is to tailor specific solutions to suit each particular customers needs and concerns. We are a small, start-up company that has not generated any revenues and lacks a stable customer base.  Since our inception to the present, we have not generated any significant revenues and have incurred a cumulative net loss as indicated in our financial statements. We believe that the funds expected to be received from the maximum sale of our common equity will be sufficient to finance our efforts to become fully operational and carry us through the next twelve (12) months, of which there can be no guarantee. We believe that the recurring revenues from sales of services will be sufficient to support ongoing operations. Unfortunately, there can be no assurance that the actual expenses incurred will not materially exceed our estimates or that cash flows from sales of services will be adequate to maintain our business. As a result, our independent auditors have expressed substantial doubt about our ability to continue as a going concern.  If we do not produce sufficient cash flow to support our operations over the next 12 months, we may need to raise additional capital by issuing capital stock in exchange for cash in order to continue as a going concern.  There are no formal or informal agreements to attain such financing.  We cannot assure you that any financing can be obtained or, if obtained, that it will be on reasonable terms.  Without realization of additional capital, it would be unlikely for us to stay in business. In the initial approximately twelve month operating period from April 4, 2007 (inception) to March 31, 2008, the Company generated no revenues while incurring $67,250 in general and administrative expenses. This resulted in a cumulative net loss of $67,250 for the period then ended from inception, which is equivalent to $(0.00) per share. During the three months ended March 31, 2008, the Company generated $0 in revenues while incurring $7,065  in general and administrative expenses. This resulted in a net loss for the quarter ended March 31, 2008 of $7,065. The net loss for both periods is attributable primarily to the continuing costs of start-up operations. Liquidity and Capital Resources As of March 31, 2008, the Company had $12,750  in working capital.  The Companys current assets as of March 31, 2008 consisted of $12,750 in cash.


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On January 31, 2008, the Company closed its offering which was registered on Form SB-2 whereby it sold 1,500,000 shares of its common stock at $0.05 per share or $75,000 in the aggregate. The Company believes that it has sufficient resources to continue operations for the next twelve months.  However, the Companys independent auditors have expressed substantial doubt about the Company's ability to continue as a going concern. B. Plan of Operation  Marvins Place, Inc. was incorporated on April 4, 2007.  As of the date of this document, we have generated minimal revenues and substantial expenses.  This resulted in a net loss of since inception, which is attributable to general and administrative expenses. Since incorporation, we have financed our operations through minimal initial capitalization and nominal business activity. To date we have not implemented fully planned principal operations.  Our ability to commence operations is entirely dependent upon the proceeds to be raised in this offering.  If we do not raise at least the minimum offering amount, we will be unable to establish a base of operations, without which it will be unable to begin to generate any revenues.  The realization of sales revenues in the next 12 months is important in the execution of the plan of operations.  However, we cannot guarantee that it will generate such growth.  If we do not produce sufficient cash flow to support our operations over the next 12 months, we may need to raise additional capital by issuing capital stock in exchange for cash in order to continue as a going concern.  There are no formal or informal agreements to attain such financing.  We cannot assure any investor that, if needed, sufficient financing can be obtained or, if obtained, that it will be on reasonable terms.  Without realization of additional capital, it would be unlikely for operations to continue. Marvins Place, Inc.s management does not expect to conduct any research and development. Marvins Place, Inc. currently does not own any significant plant or equipment that it would seek to purchase or sell in the near future. Our management does not anticipate any significant changes in the number of employees in the next 12 months.  Currently, we believe the services provided by our sole officer and director appears sufficient at this time. We have not paid for expenses on behalf of any director.  Additionally, we believe that this practice will not materially change. We have no current plans to seek a business combination with another entity. Item 3. Controls and Procedures Based on their most recent review, which was completed within ninety days of the filing of this report, Meltdowns Officers have concluded that the Companys disclosure controls and procedures are effective to ensure that information required to be disclosed by Meltdown in the reports it files or submits under the Securities Exchange Act of 1934, as amended, is accumulated and communicated to Meltdowns management, including its Officers, as appropriate to allow timely decisions regarding required disclosure and are effective to ensure that such information is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission's rules and forms.  There were no


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significant changes in Meltdowns internal controls or in other factors that could significantly affect those controls subsequent to the date of their evaluation.


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PART II  OTHER INFORMATION  Item 1. Legal Proceedings. None.  Item 2. Changes in Securities.   Item 3. Defaults Upon Senior Securities. None.  Item 4. Submission of Matters to a Vote of Security Holders. None.  Item 5. Other Information.  None Item 6. Exhibits and Reports onForm 8-K. (a) Exhibits required by Item 601 of Regulation S-B Exhibit NumberName and/or Identification of Exhibit3.Articles of Incorporation & By-Laws(a)
Articles of Incorporation of Marvins Place, Inc. filed on April 4, 2007, incorporated by reference to the Registration Statement on Form SB-2, as amended, filed with the SEC on June 27, 2007.
(b)
Bylaws of Marvins Place, Inc. adopted on April 10, 2007, incorporated by reference to the Registration Statement on Form SB-2, as amended, filed with the SEC on June 27, 2007.
(c)
Certificate of Articles of Incorporation of Marvins Place, Inc., incorporated by reference from the Form SB-2, as amended, filed with the SEC on June 27, 2007.31.1Certification of Principal Executive Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 200231.2Certification of Principal Financial Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 200232.1Certification of Principal Executive Officer and Principal Financial Officer Pursuant to Section 906 of the Sarbanes-Oxley Act 0f 2002


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(b) Reports on Form 8-K During the first quarter of 2008, MARVINS PLACE, INC. filed the following Current Reports on Form 8-K: Date of ReportDate FiledItems ReportedNoneNoneNone


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SIGNATURES In accordance with the requirements of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.  Marvins Place, Inc.(Registrant)SignatureTitleDate/s/ Chong KimPresident & CEO, DirectorMay 20, 2008Chong Kim/s/ Chong KimSecretary, Treasurer, DirectorMay 20, 2008Chong Kim/s/ Chong KimPrincipal Financial OfficerMay 20, 2008Chong Kim/s/ Chong KimPrincipal Accounting OfficerMay 20, 2008Chong Kim


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