FORM 10-QSB  [X]  QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934  For the quarterly period ended March 31, 2007  [ ]  TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934  For the transition period from ____________  to____________  Commission File No. 000-49652  ZALDIVA, INC. ------------- (Name of Small Business Issuer as specified in its Charter)   FLORIDA                                 65-0773383 -------                                 ---------- (State or other jurisdiction of          (I.R.S. Employer Identification No.) incorporation or organization)  331 East Commercial Blvd. Ft. Lauderdale, FL 33334 ------------------------ (Address of Principal Executive Office)  Issuer's Telephone Number, including Area Code:  (877) 925-3482  Check whether the Registrant (1) has filed all reports required to be filed by Sections 13 or 15(d) of the Exchange Act 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.  (1) Yes  X  No                (2) Yes X     No ---   ---                    ---      ---  Indicate by check mark whether the Registrant is a shell company (as defined by Rule 12b-2 of the Exchange Act)  Yes   No X ---  ---  APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS DURING THE PRECEDING FIVE YEARS  Not applicable.  APPLICABLE ONLY TO CORPORATE ISSUERS  Indicate the number of shares outstanding of each of the Registrant's classes of common stock, as of the latest practicable date:  March 31, 2007  7,167,858    Transitional small business disclosure format (check one):  Yes   No X ---  ---  PART I - FINANCIAL INFORMATION  Item 1.   Financial Statements.  The Financial Statements of the Registrant required to be filed with this 10-QSB Quarterly Report were prepared by management, and commence of the following page, together with Related Notes. In the opinion of management, the Financial Statements fairly present the financial condition of the Registrant.  <PAGE> ZALDIVA, INC. Balance Sheet March 31, 2007 (unaudited)  ASSETS Current Assets Cash $    53,396 Accounts Receivable - Inventory                                                64,321 ----------- Total Current Assets                                  117,717  Property, and Equipment                                     678,881  Other Assets - ----------- TOTAL ASSETS                                            $   796,598 ===========  LIABILITIES AND STOCKHOLDERS' Deficit Current Liabilities: Accounts Payable                                    $    30,420 Accrued Dividends Payable                                     - Deferred Revenue                                    - ----------- Total Current Liabilities                              30,420 ----------- Total Liabilities                                    30,420  Preferred Stock $.001 par value authorized 20,000,000; 800,000 issued; liquidation value of $1.00 per share 941,176  Stockholders' Deficit Common Stock $.001 par value authorized 50,000,000 shares; issued and outstanding 7,167,858                                 7,168 Additional Paid-in Capital 651,833 Prepaid Dividends - Accumulated Deficit                                        (833,999) --------- Total Stockholders' Deficit                            (174,998)   --------- TOTAL LIABILITIES AND STOCKHOLDERS' Deficit               $ 796,598 =========   See accompanying notes to financial statements F-2 <PAGE> ZALDIVA, INC. Statements of Operations (Unaudited)  For the three      For the Three Months Ended       Months Ended March 31,          March 31, 2007             2006 Revenues Product Sales                           $   33,187         $   14,907 Internet Services                            4,629              1,603 ----------         ---------- Total Revenues                              37,816             16,509  Cost of Goods Sold                          21,840              8,910 ----------         ---------- Gross Profit                                15,976              7,599  Operating Expense                           38,931             65,107 ----------         ---------- Operating (Loss)                           (22,955)           (57,508)  Other Income                                    18              1,681 ----------         ---------- Net Loss Before Income Taxes            $  (22,937)        $  (55,827)  Income Taxes                                     -                  - ----------         ---------- Net Loss                                $  (22,937)        $  (55,827) ==========         ========== Net Loss Per Share                      $   (0.003)        $    (0.01) ==========         ========== Weighted Average Common Shares Outstanding                              7,167,858          6,520,000 =========          =========   See accompanying notes to financial statements F-3 <PAGE> ZALDIVA, INC. Statements of Operations (Unaudited)  For the  Six        For the Six Months Ended       Months Ended March 31,          March 31, 2007             2006 Revenues   Product Sales                           $   57,027         $   33,149 Internet Services                            8,424              5,408 ----------         ---------- Total Revenues                              65,451             38,557  Cost of Goods Sold                          35,424             20,406 ----------         ---------- Gross Profit                                30,027             18,151  Operating Expense                          216,148            141,081 ----------         ---------- Operating (Loss)                          (186,121)          (122,930)  Other Income                                   494              4,211 ----------         ---------- Net Loss Before Income Taxes            $ (185,627)        $ (118,719)  Income Taxes                                     -                  - ----------         ---------- Net Loss                                $ (185,627)        $ (118,719) ==========         ========== Net Loss Per Share                      $   (0.03)         $    (0.02) ==========         ========== Weighted Average Common Shares Outstanding                              7,049,177          6,389,780 =========          =========   See accompanying notes to financial statements F-4 <PAGE>  ZALDIVA, INC. Statements of Cash Flows (Unaudited)  For the  Six        For the Six Months Ended       Months Ended March 31,          March 31, 2007             2006  Cash Flows From Operating Activities: Net Loss                                    $(185,627)        $(118,719) Adjustments to reconcile net loss to net cash flows from operating activities: Depreciation                                 10,313             2,685 Stock issued for Services                   126,000            24,000 Decrease (Increase) in Accounts Receivable        -               817 Decrease (Increase) in Prepaid Taxes            640                 - Decrease (Increase) in Inventory             16,372             4,631 Increase (Decrease) in Unearned Revenue        (219)            1,422 Increase (Decrease) in Accounts Payable      11,080            (6,057) ---------          -------- Net Cash Flows from Operating Activities      (21,441)          (91,221)  Cash Flows From Investing Activities: Building Improvements                       (87,596)         (171,039)   ---------          -------- Net Cash Flows from Investing Activities      (87,596)         (171,039)  Cash Flows From Financing Activities: Contributed capital                          76,250                 - Payment of preferred dividends                    -            (3,358) ---------          -------- Net Cash Provided by Financing Activities      76,250            (3,358)  Net Increase (Decrease) in Cash               (32,787)         (265,618)  Beginning Cash Balance                         86,183           435,367 ---------          -------- Ending Cash Balance                         $  53,396          $169,749 =========          ========  Supplemental Disclosure Information Cash paid for interest                      $       -          $      - Cash paid for income taxes                  $       -          $      -  Non-Cash Items  Preferred Dividends Paid with Inventory     $  (6,000)         $ (6,000) Issuance of Common Stock for services and Prepaid Expense                             $       -          $    300 Additional Paid-in Capital for Inventory Contribution, Stock Issuance for Prepaid Services and Accounts Payable               $  (6,000)         $101,092 F-5 <PAGE> Zaldiva, Inc. Notes to Condensed Financial Statements March 31, 2007  NOTE 1 - PRESENTATION BASIS  The accompanying condensed financial statements have been prepared without audit, pursuant to the rules and regulations of the Securities and Exchange Commission.   Certain information and disclosures normally included in financial statements prepared in accordance with U. S. generally accepted accounting principles have been condensed or omitted. These interim financial statements include all adjustments, consisting of normal recurring accruals, which in the opinion of management, are necessary in order to make the financial statements not misleading.  It is suggested that these condensed financial statements be read in conjunction with the financial statements and notes thereto included in the Company's Annual Report for the year ended September 30, 2006.  NOTE 2 - ISSUANCE OF STOCK  In December 2005 the Company issued 300,000 shares of its unregistered restricted common stock to an individual.  Fifty percent of these shares were issued for services performed during the year ended September 30, 2005 and fifty percent of these shares were issued for services rendered in the fiscal year ending September 30, 2006.  Management valued these shares at the fair-market value on the date of the Board's resolution, amounting to $0.32 per share, or $96,000.  This compensation   expense was recognized in the periods that the services were rendered.  On December 11, 2006 the Board of Directors authorized issuance of 300,000 "unregistered" and "restricted" shares of common stock to newly appointed CFO Chris Ebersole in consideration for services rendered October through December 2006 and a signing bonus.  Compensation expense was recorded at December 11, 2006 in the amount of $126,000, based on a closing share price of $.42 on the date authorized.  The shares were not actually issued until February 8, 2007.  NOTE 3  GOING CONCERN  If we are not able to sustain an operating profit, we expect that we will have to raise money again by selling shares of common stock or through loans. Financing for the Company's activities to date has been primarily provided by issuance of common or preferred stock for cash and for services.  Our ability to achieve a level of profitable operations and/or additional financing may affect our ability to continue as a going concern.  Item 2.   Management's Discussion and Analysis or Plan of Operation.  Results of Operations. ----------------------  For The Three Months Ended March 31, 2006 Compared to The Three Months Ended March 31, 2005. ------------------------  During the quarterly period ended March 31, 2007, we received total revenues of $37,816, of which $33,187 (87.8%) was derived from product sales and $4,629 (12.2%) came from internet services.  These figures compare to total revenues of $16,509 in the quarterly period ended March 31, 2006, of which $14,907 (90.3%) came from product sales and $1,603 (9.7%) from internet services.  Costs of sales during these periods were $21,840 and $8,909 respectively.  Both our increased revenues and increased costs of sales are due to our opening of our brick-and-mortar store in Oakland Park, Florida in November, 2006.  As a result of this increased visibility, we were able to more than double our sales of comics and collectibles from the amount sold in the first quarter of 2006.  At the same time, we purchased additional inventory for our store, which increased our cost of goods sold in the second quarter of 2007.  Operating expenses decreased to $38,931 during the quarterly period ended March 31, 2007, from $65,107 in the year-ago period.  This decrease is principally due to the completion of our brick-and-mortar location in Oakland Park, Florida in November, 2006.  As a result, in the second quarter of 2007, we no longer had expenses related to payment of contractors, the building permitting process and related construction costs.  For the three months ended March 31, 2007, we had a net loss of $22,937, as compared to a net loss of $55,827 during the March 31, 2006, period.  Liquidity. ----------  The Company had cash on hand of $53,396 at March 31, 2007. We believe   that this cash on hand may not be sufficient to meet our expenses through the end of our 2007 fiscal year.  Based on our recent sales growth and operating history, we expect to achieve profitability no later than the second quarter of 2008.  Our revenues tend to increase significantly in the Thanksgiving to Christmas holiday season.  If we are not able to sustain an operating profit, we expect that we will have to raise money again by selling shares of common stock or through loans. Financing for the Company's activities to date has been primarily provided by issuance of common or preferred stock for cash and for services.  Our ability to achieve a level of profitable operations and/or additional financing may affect our ability to continue as a going concern.  Off Balance Sheet Arrangements. -------------------------------  We have had no off balance sheet arrangements during the quarter ended March 31, 2007.  Forward-Looking Information. ----------------------------  Statements made in this Form 10-QSB which are not purely historical are forward-looking statements with respect to the goals, plan objectives, intentions, expectations, financial condition, results of operations, future performance and business of our Company, including, without limitation, (i) our ability to gain a larger share of the market in our industry, our ability to continue to market products acceptable to consumers, and our ability to retain relationships with suppliers, and (ii) statements preceded by, followed by or that include the words "may", "would", "could", "should", "expects", "projects", "anticipates", "believes", "estimates", "plans", "intends", "targets" or similar expressions.  Forward-looking statements involve inherent risks and uncertainties, and important factors (many of which are beyond our Company's control) that could cause actual results to differ materially from those set forth in the forward-looking statements, including the following, in addition to those contained in our reports on file with the Securities and Exchange Commission, general economic or industry conditions, nationally and/or in the communities in which we conduct business, changes in the interest rate environment, legislation or regulatory requirements, conditions of the securities markets, changes in the Internet retailing industry, the development of products that may be superior to the products offered by us, competition, changes in the quality or composition of our products, our ability to develop new products, our ability to raise capital, changes in accounting principals, policies or guidelines, financial or political instability, acts of war or terrorism, other economic, competitive, governmental, regulatory and technical factors affecting the Company's operations, products, services and prices.  Accordingly, results actually achieved may differ materially from expected results in these statements.  Forward-looking statements speak only as of the date they are made.  We do not undertake, and specifically disclaims, any obligation to update any forward-looking statements to reflect events or circumstances occurring after the date of such statements.  Item 3(a)T.   Controls and Procedures.    Management's annual report on internal control over financial reporting. ------------------------------------------------------------------------  As of the end of the period covered by this Quarterly Report, we carried out an evaluation, under the supervision and with the participation of our President and Secretary/Treasurer, of the effectiveness of the design and operation of our disclosure controls and procedures.  Based on this evaluation, our President and Secretary/Treasurer concluded that our disclosure controls and procedures are effectively designed to ensure that information required to be disclosed or filed by us is recorded, processed or summarized, within the time periods specified in the rules and regulations of the Securities and Exchange Commission.  It should be noted that the design of any system of controls 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 goals under all potential future conditions, regardless of how remote.  In addition, we reviewed our internal controls, 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 their last evaluation.  Changes in internal control over financial reporting. -----------------------------------------------------  We have had no changes in our internal control over financial reporting during the quarter ended March 31, 2007.  PART II - OTHER INFORMATION  Item 1.   Legal Proceedings.  None; not applicable.  Item 2.   Unregistered Sales of Equity Securities and Use of Proceeds.  Recent Sales of Unregistered Securities. ----------------------------------------  On December 18, 2005, the Company issued 300,000 "unregistered" and "restricted" shares of its common stock to Nicole Leigh van Coller in consideration of services rendered.  Fifty percent of these shares were issued for services performed during the year ended September 30, 2005, and the other fifty percent were issued for services rendered in the fiscal year ending September 30, 2006.  Management valued these shares at the fair market value on the date of the Board's resolution, amounting to $0.32 per share, or $96,000.  This compensation expense was recognized in the periods that the services were rendered.  On December 11, 2006 the Board of Directors authorized issuance of 300,000 "unregistered" and "restricted" shares of common stock to newly appointed CFO Chris Ebersole in consideration for services rendered October through December 2006 and a signing bonus.  Compensation expense was recorded at December 11, 2006 in the amount of $126,000, based on a closing share price of $.42 on the date authorized.  The shares were not actually issued until February 8, 2007.  Use of Proceeds of Registered Securities. -----------------------------------------    We received no proceeds from the sale of registered securities during the quarter ended March 31, 2007.  Purchases of Equity Securities by Us and Affiliated Purchasers. ---------------------------------------------------------------  We did not purchase any equity securities during the quarter ended March 31, 2007.  Item 3.   Defaults Upon Senior Securities.  None; not applicable.  Item 4.   Submission of Matters to a Vote of Security Holders.  None; not applicable.  Item 5.   Other Information.  (a)  None; not applicable.  (b)  Nominating Committee.  During the quarterly period ended March 31, 2007, there were no changes in the procedures by which security holders may recommend nominees to the Company's Board of Directors.  Item 6.   Exhibits.  31.1 302 Certification of Nicole Leigh van Coller  31.2 302 Certification of Christopher R. Ebersole  32   906 Certification <PAGE>  SIGNATURES  Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned thereunto duly authorized.  ZALDIVA, INC.   Date: 5/15/2007                             /s/Nicole Leigh van Coller ---------                             ------------------------ Nicole Leigh Van Coller, President   Date: 5/15/2007                             /s/Christopher R. Ebersole ---------                             ------------------------ Christopher R. Ebersole, Chief Financial Officer     Date: 5/16/2007                             /s/ Robert B. Lees ---------                             ------------------------ Robert B. Lees, Director   Date: 5/15/2007                             /s/ John A. Palmer, Jr. ---------                             ------------------------ John A. Palmer, Jr., Director