U.S. SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C.  20549  FORM 10-QSB   (Mark
One) [x]
QUARTERLY
REPORT PURSUANT TO SECTION 13 OR 15(d)OF THE
SECURITIES EXCHANGE ACT OF 1934  For
the quarterly period ended January 31, 2008  [
]
TRANSITION
REPORT PURSUANT TO SECTION 13OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934   For
the transition period from _______________ to _______________   Commission File
Number  Westergaard.Com, Inc. (Exact name of registrant as specified in its charter)   Delaware(State or
other jurisdiction of incorporation or organization)

(IRS
Employer Identification No.)  Westergaard.com, Inc. 17
State Street, Suite 1600 New
York, New York 10004 (212)
732-7184 (Address, including zip code, and telephone
number,including area code, of Registrants principal executive
offices)    Check whether the issuer (1) filed all reports required to
be filed by Section 13 or 15(d) of the Exchange Act of 1934 during the past
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. Yes [X ] No [ ]  Indicate by check
mark whether the registrant is a shell company (as defined in Rule 12b-2 of the
Securities Exchange Act of 1934) Yes [ X] No [ ]  As of March 13, 2008,we are authorized to issue up to1,000,000 at U.S. $0.001 par value per share, of which
11,948,445 common shares are currently issued and outstanding.           TABLE
OF CONTENTS    PagePART I -
FINANCIAL INFORMATIONItem 1.
 Financial StatementsUnaudited Consolidated Balance Sheet at January 31,
2008
3Unaudited Consolidated Statements of Operations for the three
months  ended
January 31, 2008 and 2007
4Unaudited Consolidated Statements of Cash Flows for the
three months ended January 31, 2008 and 2007
5Unaudited notes to Consolidated Financial Statements
6Item 2.
 Managements Discussion and Analysis or Plan of Operation
9Item 3.
 Controls and Procedures
10PART II 
OTHER INFORMATIONItem 1.
 Legal Proceedings
12Item 2.
 Unregistered Sales of Equity Securities And Use Of Proceeds
12Item 3.
 Defaults Upon Senior Securities
12Item 4.
 Submission Of Matters To A Vote Of Security Holders
12Item 5.
 Other Information
12Item 6.
 Exhibits
13     2  PART
I  FINANCIAL INFORMATION  Item 1. Financial
Statements   WESTERGAARD.COM,
INC.CONSOLIDATED
BALANCE SHEETJANUARY 31,
2008(UNAUDITED)ASSETSCurrent assets:Cash






$ 
              -Prepaid assets





-Total Current
Assets




$
               -LIABILITIES AND STOCKHOLDERS'
DEFICITCurrent Liabilities:Accounts payable and accrued
expenses



748,279Total Current
Liabilities




748,279Stockholders' deficitCommon
stock, par value $0.001, 100,000,000
                                          authorized,
11,948,445
11,948issued and
outstanding at October 31, 2005Additional Paid in
Capital




2,954,960Accumulated Deficit




(3,715,187)Total Stockholders'
Deficit




$
   (748,279)Total Liabilities and
Stockholders' Deficit



$
               0   See
Accompanying Notes to Consolidated Financial Statements   3   WESTERGAARD.COM,
INC.CONSOLIDATED
STATEMENTS OF OPERATIONSFOR THREE MONTHS
ENDED JANUARY 31, 2008 and 20072008
2007(unaudited)
(unaudited)Expenses:General
and administrative


$
      4,219
$
     1,416Total expenses



4,219
1,416Net income (loss)



$
    (4,219)
$
   (1,416)Net income (loss) per
ShareBasic
and diluted


$
      (0.00)
$
     (0.00)Weighted average shares
outstandingBasic
and diluted


11,948,445
11,948,445   See
Accompanying Notes to Consolidated Financial Statements   4   WESTERGAARD.COM,
INC.CONSOLIDATED
STATEMENTS OF CASHFLOWSTHREE MONTHS ENDED
JANUARY 31, 2008 and 20072008
2007(unaudited)
(unaudited)Cash flows from operating
activities:Net loss
$   
       (4,219)
$(1,416)Changes in current assets and
liabilities:Prepaid
expenses
-
200Accounts
payable and accrued expenses
4,219
579Net cash used in operating
activities
-
(637)Net increase in cash
-
(637)Cash, beginning of
period
-
799Cash, end of period
$                  
-
$      162   See
Accompanying Notes to Consolidated Financial Statements   5    WESTERGAARD.COM, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (unaudited)  NOTE 1 - SUMMARY OF
ACCOUNTING POLICIES  Nature of business  We were
incorporated under the laws of the State of Delaware on August 15, 1996, as
"Westergaard Online Systems, Inc." On February 18, 1999, we formally changed our
name to Westergaard.com, Inc. (the Company).  We commenced operations on
January 1, 1996.  We initially sought to engage in the business of online
publishing primarily to provide investment research on publicly traded Micro-Mid
Cap companies.  The service was designed to assist in creating market
liquidity and shareholder value for such companies.  We also intended to
sponsor conferences focusing on Micro-Mid Cap companies.  We currently have
no business or operations and are seeking to acquire, though merger or similar
transaction, an operating business.  We have
not had ongoing business operations since 2000.  We thus became a shell or
blank check company.  As defined in Section 7(b) (3) of the Securities
Act of 1933, a blank check company is one that has no specific business plan
or purpose or has indicated that its business plan is to engage in a merger or
an acquisition with an unidentified company or companies and is issuing "penny
stock" securities as defined in Rule 3(a) (51) of the Securities Exchange Act of
1934, in that connection.  The Securities and Exchange Commission and many
states have enacted statutes, rules and regulations limiting the sale of
securities of blank check companies.  On July
22, 2005 we received correspondence from the Securities and Exchange Commission
that we were not in compliance with our reporting requirements under Section
13(a) of the Securities Exchange Act of 1934.  One of the available
responses to this letter was to terminate our registration under the Securities
Exchange Act of 1934.  After several discussions with the Securities and
Exchange Commission, we determined that it was in our best interest to implement
such a response because we did not have an ongoing business and had not for
approximately the past four years.  Accordingly, we executed an Order
Instituting Proceedings, Making Findings, and Revoking Registration of
Securities pursuant to Section 12(j) of the Securities Exchange of 1934 on
September 8, 2005.  Pursuant to that Order, the registration of each class
of our securities registered pursuant to Section 12 of the Exchange Act was
revoked.  Consequently, we ceased reporting under the Securities Exchange
Act of 1934.    However, we decided to once again seek,
investigate, and if warranted, acquire an interest in a business opportunity.
 Accordingly, we voluntarily filed a registration statement on Form 10-SB
with the SEC on June 26, 2007 to once again, register our common stock pursuant
to Section 12(g) of the Securities Exchange Act of 1934.  As a result of
filing such registration statement, we are obligated to file this periodic
report, as well as other interim and periodic reports on an ongoing basis.   6       Basis of
Presentation  Our
unaudited consolidated financial statements are prepared in conformity with
accounting principles generally accepted in the United States of America for
reporting interim financial information and the rules and regulations of the
Securities and Exchange Commission. In managements opinion, all adjustments
necessary for a fair presentation of the financial position and results of
operations for the periods presented have been included. All such adjustments
are of a normal recurring nature. These unaudited consolidated financial
statements should be read in conjunction with the audited consolidated financial
statements included in our Annual Report on Form 10-KSB for the year ended
October 31, 2007. Results of operations for the three months ended January 31,
2008, are not necessarily indicative of the operating results for the full
accounting year or any future period.   NOTE 2 - FINANCIAL
CONDITION AND GOING CONCERN  At
January 31, 2008, the Companys accumulated deficit was $3,715,187.  The
Company will still require additional working capital.  The Company is in
the process of locating a suitable merger candidate and enter into a reverse
merger to continue its business operations. These
conditions raise substantial doubt about the Company's ability to continue as a
going concern. The financial statements do not include any adjustments relating
to the recoverability and classification of asset carrying amounts or the amount
and classification of liabilities that might be necessary should the Company be
unable to continue as a going concern.   NOTE 3  COMMON
STOCK  The Company is
authorized to issue 100,000,000 shares of common stock at a par value of $0.001
per share.  These shares have full voting rights.  The Company has not
paid a dividend to its shareholders.  In March 1998, the Company established a Stock Option Plan (the
Plan).  At January 31, 2007 there were 200,000 options outstanding and
exercisable under the Plan.  Each such option allows the holder to purchase
one share of our common stock, for an aggregate total of 200,000 shares of
common stock, at a purchase price of $1.00 per share.  All of the
outstanding options expire in March 2008.  The board of directors
terminated the Plan on April 1, 2007, and no further options may be granted
under the Plan.  NOTE 4 
CONTINGENCIES   7      In
connection with the SECs review of our Web pages and certain press releases,
the SEC provided us with a draft complaint alleging claims under Section 17(b)
of the Securities Exchange Act of 1933 and Section 10(b) of the Securities
Exchange Act of 1934, and also with forms of proposed consents and judgments. In
July 2000, the SEC agreed in principle not to pursue the 10(b) claim asserted
against us and provided us with its final comments to the draft complaint
mentioned above. The SEC comments deleted the 10(b) claim against us.  The
final settlement did not provide for monetary relief but did include a permanent
injunction restraining us from violating SEC Rule Section 17(b).      8      Item
2  (a)PLAN OF OPERATION  The
following discussion should be read in conjunction with our financial statements
and the notes thereto which appear elsewhere in this report.  The results
shown herein are not necessarily indicative of the results to be expected in any
future periods.  This discussion contains forward-looking statements based
on current expectations, which involve uncertainties.  Actual results and
the timing of events could differ materially from the forward-looking statements
as a result of a number of factors.  Readers should also carefully review
factors set forth in other reports or documents that we file from time to time
with the Securities and Exchange Commission.  Overview  From our inception in
1996 through the present, we have considered ourselves a development stage
company. Our primary activities prior to our ceasing our operations consisted of
the following: · Developing
a business model; · Marketing
our services to smallcap companies; · Recruiting
employees and analysts; · Initial
planning and development of our web sites; and · Building
of infrastructure of web sites.  However, since 2000,
when we formally ceased operations, we have had no business or operations.
 Recently, our management determined that it was in the best interests of
our shareholders to seek an operating company to acquire.  All of our
efforts are now focused on finding such an acquisition candidate, although we do
not currently have any candidates identified, and we have only had very
preliminary negotiations regarding potential candidates.  Comparison of results for the three-months ended January 31,
2008, to the three-months ended January 31, 2007.  REVENUE.  Total revenues for
the three months ended January 31, 2008 were $0.  This was unchanged from
our net revenues for the three months ended January 31, 2007.  OPERATING
EXPENSES.  Operating expenses
consist primarily of administrative costs as well as professional services and
fees related to maintaining the corporate entity. These expenses include audit
and tax accounting fees and transfer agent costs. Total operating costs for the
three  9      months ended January
31, 2008 was approximately $4,200.  This was an increase of approximately
$2,800 or 200% from our total costs of approximately $1,400 for the three months
ended January 31, 2007.  LIQUIDITY AND
CAPITAL RESOURCES.  We have incurred
losses since inception, and at the end of the three months ended January 31,
2008, had an accumulated deficit of approximately $3,715,187. We were unable to
generated sufficient funds from our operations to finance our expenses so relied
upon the cash that was originally raised from private financings to fund the
expenses of the Company.  As a result, we are contemplating an acquisition
of an ongoing business to increase the value to our shareholders.        (c) Off
Balance-Sheet Arrangements- NONE    ITEM
3.  CONTROLS AND PROCEDURES   (a) Evaluation of disclosure controls and procedures  Under the supervision and with the participation of our
management, including our President and Treasurer, we evaluated the
effectiveness of the design and operation of our disclosure controls and
procedures, as defined in Rules 13a-15(e) and 15d-15(e) under the Securities
Exchange Act of 1934, as of January 31, 2008. Based on this evaluation, our
President and Treasurer concluded that, as of the end of the period covered by
this report, our disclosure controls and procedures were effective and
adequately designed to ensure that the information required to be disclosed by
us in the reports we file or submit under the Securities Exchange Act of 1934 is
recorded, processed, summarized and reported within the time periods specified
in applicable rules and forms and that our Internal Controls are effective at
that assurance level to provide reasonable assurance that our financial
statements are fairly presented inconformity with accounting principals
generally accepted in the United States.   (b) Changes in internal control over financial reporting  During the quarter ended January 31, 2008, there has been no
change in our internal control over financial reporting that has materially
affected, or is reasonably likely to materially affect, our internal control
over financial reporting.   10      Management does not expect that Disclosure Controls or Internal
Controls will prevent all error and all fraud. A control system, no matter how
well developed and operated, can provide only reasonable, but not absolute
assurance that the objectives of the control system are met. Further, the design
of the control system must reflect the fact that there are resource constraints,
and the benefits of controls must be considered relative to their costs. Because
of 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, within the company have been detected. These inherent limitations
include the realities that judgments in decision-making can be faulty and that
breakdowns can occur because of simple error or mistake. Additionally, controls
can be circumvented by the individual acts of some persons, by collusion of two
or more people, or by management override of the control. The design of a system
of controls also is based in part upon certain assumptions about the likelihood
of future events, and there can be no assurance that any design will succeed in
achieving its stated objectives under all potential future conditions. Over
time, control may become inadequate because of changes in conditions, or because
the degree of compliance with the policies or procedures may deteriorate.
Because of the inherent limitations in a cost-effective control system,
misstatements due to error or fraud may occur and not be detected.   11          PART II - OTHER INFORMATION  ITEM
1. Legal
Proceedings  From
time to time, we may be involved in litigation relating to claims arising out of
our operations in the normal course of business.  We are not aware of any
pending or threatened legal proceeding that, if determined in a manner adverse
to us, could have a material adverse effect on our business and operations.   ITEM 2.
Unregistered Sales of Equity Securities and Use of Proceeds   (a) None.  (b) Not
Applicable.  (c) Not
Applicable.  (d) Not
Applicable.    ITEM 3. Defaults
upon Senior Securities  (a) Not Applicable.  (b) Not Applicable.  ITEM 4.
 SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS  (a) Not applicable.  (b) Not applicable.  (c) Not applicable.  ITEM 5. OTHER INFORMATION     (a) Not
applicable.  (b) Not
applicable.   12        ITEM 6.
 EXHIBITS  (a) The following
exhibits are filed as part of this report.  Exhibit
No.
                    Document 31.1
Certification
 of  President and Treasurer  required  by Rule
13a-14/15d-14(a) under the Exchange Act32.1
Certification
of President and Treasurer pursuant to 18 U.S.C. Section 1350, as adopted
pursuant   to Section   906 of the Sarbanes-Oxley Act
of 2002.   13          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.   Date: March
14, 2008  By: Westergaard.com,
Inc.   /s/  Anne H.
Straton Name:
 Anne H. Straton Title:
  President           14