Commission File No. 000-28867


                     U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington D.C. 20549


                                   FORM 10-K


     [X]         ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF
                       THE SECURITIES EXCHANGE ACT OF 1934


                  For the Fiscal Year Ended: December 31, 2007


     [ ]           TRANSITION REPORT PURSUANT TO SECTION 13
                OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934


                     For the Transition Period From __ to __


                            LAS PALMAS MOBILE ESTATES
        _________________________________________________________________
        (Exact Name of Small Business Issuer as Specified in its Charter)


              NEVADA                                          88-0409170
   _______________________________                        ___________________
   (State or other jurisdiction of                         (I.R.S. Employer
    incorporation or organization)                        Identification No.)


     44489 Town Center Way, #D-234
        Palm Desert, California                                       92260-2789
________________________________________                              __________
(Address of principal executive offices)                              (Zip code)


                   Issuer's telephone number: (702) 248-1027


Securities to be registered pursuant to Section 12(b) of the Act:

                                      None


Securities to be registered pursuant to Section 12(g) of the Act:

                               $.001 COMMON STOCK
                               __________________
                                (Title of Class)





                                       1.

<PAGE>


         Indicate by check mark if the registrant is a well-known seasoned
issuer, as defined in Rule 405 of the Securities Act. Yes [ ] No [X]

         Indicate by check mark if the registrant is not required to file
reports pursuant to Section 13 or 15(d) of the Act. Yes [ ] No [X]

         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. Yes [X] No [ ]

         Indicate by check mark if disclosure of delinquent filers pursuant to
Item 405 of Regulation S-K is not contained herein, and will not be contained,
to the best of the Registrant's knowledge, in definitive proxy or information
statements incorporated by reference in Part III of this Form 10-K or any
amendment to this Form 10-K. [ ]

         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 definitions of "large accelerated filer," "accelerated filer" and
"smaller reporting company" in Rule 12b-2 of the Exchange Act. (Check one):

________________________________________________________________________________

                                           Non-accelerated filer        Smaller
Large accelerated                        (Do not check if a smaller    reporting
      filer          Accelerated filer       reporting company)         company

       [ ]                 [ ]                     [ ]                    [X]
________________________________________________________________________________

         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 [ ]

         The aggregate market value of the Registrant's Common Stock held by
non-affiliates of the Registrant (without admitting that any person whose shares
are not included in such calculation is an affiliate) computed by reference to
the price at which the common stock was last sold as of the last business day of
the Registrant's most recently completed second fiscal quarter was $99,000.

         As of April 14, 2008, the Registrant had 33,000,000 shares of Common
Stock, $0.001 par value, issued and outstanding.

                       DOCUMENTS INCORPORATED BY REFERENCE

     None


                                       2.

<PAGE>

                                TABLE OF CONTENTS


                                                                            PAGE

                                     PART I

Item 1.  Business                                                             4

Item 1A. Risk Factors                                                         5

Item 1B. Unresolved Staff Comments                                           10

Item 2.  Properties                                                          10

Item 3.  Legal Proceedings                                                   10

Item 4.  Submission of Matters to a Vote of Security Holders                 10


                                     PART II

Item 5.  Market for Registrant's Common Equity, Related Stockholder
         Matters and Issuer Purchases of Equity Securities                   10

Item 6.  Selected Financial Data                                             12

Item 7.  Management's Discussion and Analysis of Financial Condition
         and Results of Operations                                           12

Item 7A. Quantitative and Qualitative Disclosures About Market Risk          14

Item 8.  Financial Statements and Supplementary Data                         15

Item 9.  Changes in and Disagreements With Accountants on Accounting
         and Financial Disclosure                                            27

Item 9A. Controls and Procedures                                             27

Item 9B. Other Information                                                   28


                                    PART III

Item 10. Directors, Executive Officers and Corporate Governance              28

Item 11. Executive Compensation                                              30

Item 12. Security Ownership of Certain Beneficial Owners and
         Management and Related Stockholder Matters                          30

Item 13. Certain Relationships and Related Transactions, and Director
         Independence                                                        31

Item 14. Principal Accountant Fees and Services                              31


                                    PART IV

Item 15. Exhibits and Financial Statement Schedules                          32

Signatures                                                                   33


                                       3.

<PAGE>

                                     PART I


ITEM 1.   BUSINESS.

Introduction

         Las Palmas Mobile Estates (the "Company") was incorporated on October
29, 1992 under the laws of the State of Nevada. We had intended to form a
subsidiary and have said subsidiary serve as the general partner of a limited
partnership which was to be a developer and builder of one or more mobile home
parks in Southern California. We intended to develop a park that would have
manufactured trailers of high quality construction.

         Our business strategy was to emphasize (i) marketing our parks
principally to the second home market (where we believed there was significant
long-term demand) and (ii) focusing our development activities in the fast
growing areas of the Coachella Valley, California market, where land and
development costs were relatively low and the demand was higher.

         Despite the then recent slowdown in the Southern California
homebuilding industry and the economy in general, we believed California offered
substantial long-term prospects for a developer of a mobile home park due to the
State's strong demand characteristics and supply constraints. We expected to be
able to meet our short term cash requirements (i) initially by bank construction
loans and thereafter from (ii) the sale or lease of the fully developed
properties. We further anticipated, although there was no assurance, that our
long-term cash needs would be satisfied by an equity infusion through the sale
of our securities, and from the development and leasing of units in the
property.

         Between November 8, 1992 and approximately March 31, 1993, we
investigated certain business opportunities but did not commence actual
construction activities in connection with development and building activities.
As at May 31, 1993, all funds raised by the sale of shares in order to fulfill
our initial objective had been expended and we, thereafter became dormant. From
April 1, 1993 until the present, we were inactive and could be deemed to be a
so-called "shell" company, whose only purpose at this time is to determine and
implement a new business purpose.

         As of the date hereof, we can be defined as a "shell" company, an
entity which is generally described as having no or nominal operations and with
no or nominal assets or assets consisting solely of cash and cash equivalents.
As a shell company, our sole purpose at this time is to locate and consummate a
merger or acquisition with a private entity.

         Also, as of the date hereof, based upon our proposed future business
activities, we may also be deemed a "blank check" company. The Securities and
Exchange Commission definition of such a company is a development stage company
that has no specific business plan or purpose, or has indicated that its
business plan is to engage in a merger or acquisition with an unidentified
company or companies, or other entity or person and is issuing "penny stock."

         A "penny stock" security is any equity security other than a security
(i) that is a reported security (ii) that is issued by an investment company
(iii) that is a put or call issued by the Option Clearing Corporation (iv) that
has a price of $5.00 or more (except for purposes of Rule 419 of the Securities
Act of 1933, as amended) (v) that is registered on a national securities
exchange (vi) that is authorized for quotation on the Nasdaq Stock Market,
unless other provisions of the defining rule are not satisfied, or (vii) that is
issued by an issuer with (a) net tangible assets in excess of $2,000,000, if in
continuous operation for more than three years or $5,000,000 if in operation for
less than three years or (b) average revenue of at least $6,000,000 for the last
three years.


                                      4.


<PAGE>


         We became a reporting company on a voluntary basis because the primary
attraction of the Company as a merger partner or acquisition vehicle will be its
status as a public company. In addition, we became a reporting company to
enhance investor protection and to provide information if a trading market
commences. Only those companies that report their current financial information
to the Securities and Exchange Commission, banking, or insurance regulators are
permitted to be quoted on the OTC Bulletin Board System.

ITEM 1A.  RISK FACTORS.

         Our business is subject to numerous risk factors, including the
following:

1.   We have had no operating history nor any revenues or earnings from
     operations and we are insolvent.

         We have no assets or financial resources. We will, in all likelihood,
sustain operating expenses without corresponding revenues, at least until the
consummation of a business combination. This may result in us incurring a net
operating loss that will increase continuously until we can consummate a
business combination with a profitable business opportunity. There is no
assurance that we can identify such a business opportunity and consummate such a
business combination.

         Our auditor's going concern opinion and the notation in the financial
statements indicate that we do not have significant cash or other material
assets and that we are relying on advances from stockholders, officers and
directors to meet our limited operating expenses. We are insolvent in that we
are unable to pay our debts in the ordinary course of business as they become
due.

2.   Our proposed plan of operation is speculative.

         The success of our proposed plan of operation will depend to a great
extent on the operations, financial condition and management of the identified
business opportunity. While management intends to seek business combination(s)
with entities having established operating histories, there can be no assurance
that we will be successful in locating candidates meeting such criteria. In the
event we complete a business combination, of which there can be no assurance,
the success of our operations may be dependent upon management of the successor
firm or venture partner firm and numerous other factors beyond our control.

3.   We face intense competition for business opportunities and combinations

         We are and will continue to be an insignificant participant in the
business of seeking mergers with, joint ventures with and acquisitions of small
private and public entities. A large number of established and well-financed
entities, including venture capital and hedge fund firms, are active in mergers
and acquisitions of companies that may be our desirable target candidates.
Nearly all such entities have significantly greater financial resources,
technical expertise and managerial capabilities than we have and, consequently,
we will be at a competitive disadvantage in identifying possible business
opportunities and successfully completing a business combination. Moreover, we
will also compete in seeking merger or acquisition candidates with numerous
other small public companies.

4.   We have no agreements for a business combination or other transaction and
     have established no standards for a business combination.

         We have no arrangement, agreement or understanding with respect to
engaging in a merger with, joint venture with or acquisition of, a private or
public entity. There can be no assurance that we will be successful in
identifying and evaluating suitable business opportunities or in concluding a
business combination. Management has not identified any particular industry or
specific business within an industry for our evaluation. There is no assurance
that we will be able to negotiate a business combination on terms favorable to
us. We have not established a specific length of operating history or a
specified level of earnings, assets, net worth or other criteria which it will
require a target business opportunity to have achieved, and without which we
would not consider a business combination in any form with such business
opportunity. Accordingly, we may enter into a business combination with a
business opportunity having no significant operating history, losses, limited or
no potential for earnings, limited assets, negative net worth or other negative
characteristics.


                                       5.


<PAGE>


5.   Our success is dependent on management that has other full time employment,
     has limited experience and will only devote limited part time working for
     the Company that makes our future even more uncertain.

         We have not entered into a written employment agreement with our
officers and director and none is expected in the foreseeable future. We have
not obtained key man life insurance of our officers or director. Notwithstanding
the combined limited experience and time commitment of management, the loss of
the services of Diana L. Hassan would adversely affect development of our
business and our likelihood of continuing operations.

6.   The reporting requirements under federal securities law may delay or
     prevent us from making certain acquisitions.

         Sections 13 and 15(d) of the Securities Exchange Act of 1934, as
amended, (the "1934 Act"), require companies subject thereto to provide certain
information about significant acquisitions, including certified financial
statements for the company acquired, covering one, two, or three years,
depending on the relative size of the acquisition. The time and additional costs
that may be incurred by some target entities to prepare such statements may
significantly delay or essentially preclude consummation of an otherwise
desirable acquisition by the Company. Acquisition prospects that do not have or
are unable to obtain the required audited statements may not be appropriate for
acquisition so long as the reporting requirements of the 1934 Act are
applicable.

         In addition to the audited financial statements, in the filing of the
Form 8-K that we file to report an event that causes us to cease being a shell
company, we will be required to include that information that is normally
reported by a company in a Form 10 . The time and additional costs that may be
incurred by some target entities to prepare and disclose such information may
significantly delay or essentially preclude consummation of an otherwise
desirable acquisition by the Company.

7.   The Investment Company Act of 1940 creates a situation wherein we would be
     required to register and could be required to incur substantial additional
     costs and expenses.

         Although we will be subject to regulation under the 1934 Act,
management believes the Company will not be subject to regulation under the
Investment Company Act of 1940, insofar as we will not be engaged in the
business of investing or trading in securities. In the event we engage in
business combination that result in us holding passive investment interests in a
number of entities, we could be subject to regulation under the Investment
Company Act of 1940. In such event, we would be required to register as an
investment company and could be expected to incur significant registration and
compliance costs. We have obtained no formal determination from the Securities
and Exchange Commission as to the status of our Company under the Investment
Company Act of 1940 and, consequently, any violation of such Act would subject
us to material adverse consequences.

8.   Our present management most likely will not remain after we complete a
     business combination.

         A business combination involving the issuance of our Common Stock will,
in all likelihood, result in the shareholders of a private company obtaining a
controlling interest in us. Any such business combination may require our
management to sell or transfer all or a portion of the Company's Common Stock
held and/or resign as a member of the Board of Directors. The resulting change
in our control could result in removal of one or more present officers and
directors and a corresponding reduction in or elimination of any participation
in our future affairs.

9.   At the time we do any business combination, each shareholder will most
     likely hold a substantially lesser percentage ownership in the Company.


                                       6.


<PAGE>


         Our current primary plan of operation is based upon a business
combination with a private concern that, in all likelihood, would result in the
Company issuing securities to shareholders of any such private company. The
issuance of our previously authorized and unissued Common Stock would result in
reduction in percentage of shares owned by our present and prospective
shareholders and may result in a change in our control or in our management.

10.  As a shell company, we face substantial additional adverse business and
     legal consequences.

         We may enter into a business combination with an entity that desires to
establish a public trading market for its shares. A business opportunity may
attempt to avoid what it deems to be adverse consequences of undertaking its own
public offering by seeking a business combination with us. Such consequences may
include, but are not limited to, time delays of the registration process,
significant expenses to be incurred in such an offering, loss of voting control
to public shareholders and the inability or unwillingness to comply with various
federal and state laws enacted for the protection of investors.

         On June 29, 2005, the Securities and Exchange Commission adopted final
rules amending the Form S-8 and the Form 8-K for shell companies like us. The
amendments expand the definition of a shell company to be broader than a company
with no or nominal operations/assets or assets consisting of cash and cash
equivalents, the amendments prohibit the use of a From S-8 (a form used by a
corporation to register securities issued to an employee, director, officer,
consultant or advisor), under certain circumstances, and revise the Form 8-K to
require a shell company to include current Form 10 information, including
audited financial statements, in the filing on Form 8-K that the shell company
files to report the acquisition of the business opportunity. This initial filing
is within four days of the acquisition. The Form 8-K filing may be reviewed by
the Securities and Exchange Commission and the prospects of certain disclosures
or review or the lack of the ability to issue securities using a Form S-8 may
delay the consummation of a business combination because of the target entities
inability to comply with various federal and state laws enacted for the
protection of investors or the unwillingness to assume the significant costs of
compliance.

11.  The requirement of audited financial statements may disqualify business
     opportunities.

         Our management believes that any potential business opportunity must
provide audited financial statements for review, for the protection of all
parties to the business combination. One or more attractive business
opportunities may choose to forego the possibility of a business combination
with us, rather than incur the expenses associated with preparing audited
financial statements.

12.  Our officers and directors are the principal shareholders and will be able
     to approve all corporate actions without shareholder consent and will
     control our Company.

         Our principal shareholder, Diana L. Hassan, currently own approximately
70% of our Common Stock. She will have significant influence over all matters
requiring approval by our shareholders, but not requiring the approval of the
minority shareholders. In addition, she will be able to elect all of the members
of our board of directors, allowing them to exercise significant control of our
affairs and management. In addition, she may transact most corporate matters
requiring shareholder approval by written consent, without a duly-noticed and
duly-held meeting of shareholders.

13.  Our Common Stock may never be public traded and you may have no ability to
     sell the shares.

         There is a limited public trading market for our shares of Common
Stock. The Financial Industry Regulatory Authority Inc. ("FINRA") has approved
the entry of a price quotation for our Common Stock on the OTC Bulletin Board
system and our symbol is LPME. There can be no assurance that a market for our
Common Stock will be established or that, if established, a market will be
sustained. Therefore, if you purchase our Common Stock you may be unable to sell
them. Accordingly, you should be able to bear the financial risk of losing your
entire investment.


                                       7.


<PAGE>


         Only market makers can apply to or quote securities. Market makers who
desire to initiate quotations in the OTC Bulletin Board system must complete an
application (Form 211) (unless an exemption is applicable) and by doing so, will
have to represent that it has satisfied all applicable requirements of the
Securities and Exchange Commission Rule 15c2-11 and the filing and information
requirements promulgated under the FINRA Bylaws. The OTC Bulletin Board will not
charge us with a fee for being quoted on the service. FINRA rules prohibit
market makers from accepting any remuneration in return for quoting issuers'
securities on the OTC Bulletin Board or any similar medium. The FINRA will
review the market maker's application (unless an exemption is applicable) and if
cleared, it cannot be assumed by any investor that any federal, state or
self-regulatory requirements other than certain FINRA rules and Rule 15c2-11
have been considered by the FINRA Furthermore, the clearance should not
construed by any investor as indicating that the FINRA, the Securities and
Exchange Commission or any state securities commission has passed upon the
accuracy or adequacy of the documents contained in the submission.

         The OTC Bulletin Board is a market maker or dealer-driven system
offering quotation and trading reporting capabilities - a regulated quotation
service - that displays real-time quotes, last-sale prices, and volume
information in OTC equity securities. The OTC Bulletin Board securities are not
listed and traded on the floor of an organized national or regional stock
exchanges. Instead, OTC Bulletin Board securities transactions are conducted
through a telephone and computer network connecting market makers or dealers in
stocks.

14.  Our shareholders may face significant restrictions on the resale of our
     Common Stock due to state "blue sky" laws or if we are determined to be a
     "blank check" company.

         There are state regulations that may adversely affect the
transferability of our Common Stock. We have not registered our Common Stock for
resale under the securities or "blue sky" laws of any state. We may seek
qualification or advise our shareholders of the availability of an exemption. We
are under no obligation to register or qualify our Common Stock in any state or
to advise the shareholders of any exemptions.

         Current shareholders, and person who desire to purchase the Common
Stock in any trading market that may develop in the future, should be aware that
there might be significant state restrictions upon the ability of new investors
to purchase the Common Stock.

         Blue sky laws, regulations, orders, or interpretations place
limitations on offerings or sales of securities by "blank check" companies or in
"blind-pool" offerings, or if such securities represent "cheap stock" previously
issued to promoters or others. Our initial shareholders, because they originally
paid $.01 for each share, may be deemed to hold "cheap stock." These limitations
typically provide, in the form of one or more of the following limitations, that
such securities are:

     (a)  Not eligible for sale under exemption provisions permitting sales
          without registration to accredited investors or qualified purchasers;

     (b)  Not eligible for the transaction exemption from registration for
          non-issuer transactions by a registered broker-dealer;

     (c)  Not eligible for registration under the simplified small corporate
          offering registration (SCOR) form available in many states;

     (d)  Not eligible for the "solicitations of interest" exception to
          securities registration requirements available in many states;

     (e)  Not permitted to be registered or exempted from registration, and thus
          not permitted to be sold in the state under any circumstances.

         Virtually all 50 states have adopted one or more of these limitations,
or other limitations or restrictions affecting the sale or resale of stock of
blank check companies or securities sold in "blind pool" offerings or "cheap
stock" issued to promoters or others. Specific limitations on such offerings
have been adopted in:


                                       8.


<PAGE>


                  Alaska           Nevada               Tennessee
                  Arkansas         New Mexico           Texas
                  California       Ohio                 Utah
                  Delaware         Oklahoma             Vermont
                  Florida          Oregon               Washington
                  Georgia          Pennsylvania
                  Idaho            Rhode Island
                  Indiana          South Carolina
                  Nebraska         South Dakota

         Any secondary trading market which may develop, may only be conducted
in those jurisdictions where an applicable exemption is available or where the
shares have been registered.

         We do not have any legal opinions as it relates to whether we were a
blind pool or blank-check company. The Securities and Exchange Commission have
adopted a rule (Rule 419) which defines a blank-check company as (i) a
development stage company, that is (ii) offering penny stock, as defined by Rule
3a51-1, and (iii) that has no specific business plan or purpose or has indicated
that its business plan is engage in a merger or acquisition with an unidentified
company or companies. Certain jurisdictions may have definitions that are more
restrictive than Rule 419. We have been informed that the Securities and
Exchange Commission has cautioned that "it will scrutinize registered offerings
for attempts to create the appearance that the registrant... has a specific
business plan, in an effort to avoid the applicable of Rule 419." Provisions of
Rule 419 apply to every registration statement filed under the Securities Act of
1933, as amended, relating to an offering by a blank-check company. We have
never filed a registration statement under the Securities Act of 1933, as
amended.

         The provisions of Rule 144 for shares subsequently issued by a shell
company may further restrict the sale of newly issued shares of Common Stock.

         The Company's officer, director and majority shareholder has expressed
her intention not to engage in any transactions with respect to the Company's
Common Stock except in connection with or following a business combination
resulting in us no longer being defined as a shell company or blank check
issuer.

15.  Our Common Stock may be subject to significant restriction on resale due to
     federal penny stock restrictions.

         The Securities and Exchange Commission has adopted rules that regulate
broker or dealer practices in connection with transactions in penny stocks.
Penny stocks generally are equity securities with a price of less than $5.00
(other than securities registered on certain national securities exchanges or
quoted on the Nasdaq system, provided that current price and volume information
with respect to transactions in such securities is provided by the exchange
system). The penny stock rules require a broker or dealer, prior to a
transaction in a penny stock not otherwise exempt from the rules, to deliver a
standardized risk disclosure document prepared by the Securities and Exchange
Commission that provides information about penny stocks and the nature and level
of risks in the penny stock market. The broker or dealer also must provide the
customer with bid and offer quotations for the penny stock, the compensation of
the broker or dealer, and its salesperson in the transaction, and monthly
account statements showing the market value of each penny stock held in the
customer's account. The penny stock rules also require that prior to a
transaction in a penny stock not otherwise exempt from such rules, the broker or
dealer must make a special written determination that a penny stock is a
suitable investment for the purchaser and receive the purchaser's written
agreement to the transaction.

         These disclosure requirements may have the effect of reducing the level
of trading activity in any secondary market for our stock that becomes subject
to the penny stock rules, and accordingly, shareholders of our Common Stock may
find it difficult to sell their securities, if at all.


                                       9.


<PAGE>


ITEM 1B.  UNRESOLVED STAFF COMMENTS.

         We have no unresolved comments from the Staff of the Securities and
Exchange Commission.

ITEM 2.   PROPERTIES.

         We have no properties and at this time we have no agreements to acquire
any properties. We currently have a mailing address at 44489 Town Center Way,
#d-234, Palm Desert, California 92260-2789 and we are permitted to occupy office
space at 6767 Tropicana Avenue, Suite 207, Las Vegas, Nevada 89103. This space
is provided to the Company by our resident agent on a rent free basis, and it is
anticipated that this arrangement will remain until such time as the Company
successfully consummates a merger or acquisition. We believe that this
arrangement will meet our needs for the foreseeable future.

ITEM 3.   LEGAL PROCEEDINGS.

         There is no litigation pending or threatened by or against the Company.

ITEM 4.   SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.

         There have been no matters submitted to the Company's security holders.


                                     PART II


ITEM 5.   MARKET FOR REGISTRANT'S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND
          ISSUER PURCHASES OF EQUITY SECURITIES.

     (a) Market Price.

         Although our Common Stock is quoted in the OTC Bulletin Board System
[LPME], there is no established trading market in our Common Stock. Our Common
Stock is traded on a sporatic basis.

         The Securities and Exchange Commission adopted Rule 15g-9, which
established the definition of a "penny stock," for purposes relevant to the
Company, as any equity security that has a market price of less than $5.00 per
share or with an exercise price of less than $5.00 per share, subject to certain
exceptions. For any transaction involving a penny stock, unless exempt, the
rules require: (i) that a broker or dealer approve a person's account for
transactions in penny stocks; and (ii) the broker or dealer receive from the
investor a written agreement to the transaction, setting forth the identity and
quantity of the penny stock to be purchased. In order to approve a person's
account for transactions in penny stocks, the broker or dealer must (i) obtain
financial information and investment experience and objectives of the person;
and (ii) make a reasonable determination that the transactions in penny stocks
are suitable for that person and that person has sufficient knowledge and
experience in financial matters to be capable of evaluating the risks of
transactions in penny stocks. The broker or dealer must also deliver, prior to
any transaction in a penny stock, a disclosure schedule prepared by the
Commission relating to the penny stock market, which, in highlight form, (i)
sets forth the basis on which the broker or dealer made the suitability
determination; and (ii) that the broker or dealer received a signed, written
agreement from the investor prior to the transaction. Disclosure also has to be
made about the risks of investing in penny stock in both public offering and in
secondary trading, and about commissions payable to both the broker-dealer and
the registered representative, current quotations for the securities and the
rights and remedies available to an investor in cases of fraud in penny stock
transactions. Finally, monthly statements have to be sent disclosing recent
price information for the penny stock held in the account and information on the
limited market in penny stocks.

         For the initial listing in the NASDAQ SmallCap market, a company must
have net tangible assets of $4 million or market capitalization of $50 million
or a net income (in the latest fiscal year or two of the last fiscal years) of
$750,000, a public float of 1,000,000 shares with a market value of $5 million.


                                      10.


<PAGE>


The minimum bid price must be $4.00 and there must be 3 market makers. In
addition, there must be 300 shareholders holding 100 shares or more, and the
company must have an operating history of at least one year or a market
capitalization of $50 million.

         For continued listing in the NASDAQ SmallCap market, a company must
have net tangible assets of $2 million or market capitalization of $35 million
or a net income (in the latest fiscal year or two of the last fiscal years) of
$500,000, a public float of 500,000 shares with a market value of $1 million.
The minimum bid price must be $1.00 and there must be 2 market makers. In
addition, there must be 300 shareholders holding 100 shares or more.

         Management intends to strongly consider undertaking a transaction with
any merger or acquisition candidate that will allow our securities to be traded
without the aforesaid limitations. However, there can be no assurances that,
upon a successful merger or acquisition, we will qualify our securities for
listing on NASDAQ or some other national exchange, or be able to maintain the
maintenance criteria necessary to insure continued listing. The failure of the
Company to qualify our securities or to meet the relevant maintenance criteria
after such qualification in the future may result in the discontinuance of the
inclusion of the Company's securities on a national exchange. In such events,
trading, if any, in our securities may then continue in the non-NASDAQ
over-the-counter market. As a result, a shareholder may find it more difficult
to dispose of, or to obtain accurate quotations as to the market value of, the
Company's securities.

     (b) Holders.

         There are twenty six (26) holders of the Company's Common Stock. In
1992, we issued 33,000,000 (as adjusted for a stock dividend) of our Common
Stock for cash. All of the issued and outstanding shares of the Company's Common
Stock were issued in accordance with the exemption from registration afforded by
Section 4(2) of the Securities Act of 1933, as amended.

         Currently, all of our issued and outstanding shares of Common Stock
held by non-affiliates are eligible for sale under Rule 144 promulgated under
the Securities Act of 1933, as amended, subject to certain limitations included
in said Rule. In general, under Rule 144, a person (or persons whose shares are
aggregated), who has satisfied a six month holding period, under certain
circumstances, has unlimited public resales under said Rule.

         Rule 144 dos not prohibit the resale of securities under said Rule that
were not initially issued by a reporting or non-reporting shell company or an
issuer that has been previously such a company, even though we may be a shell at
the time of sale. At the time of the original issuance, we were not a shell
issuer.

     (c) Dividends.

         We have not paid cash dividends to date and have no plans to pay any
cash dividends in the immediate future. On October 29, 2007, our board of
directors declared a 14 for 1 stock dividend to our stockholders of record as of
November 14, 2007. The 2,200,000 shares of stock currently outstanding became
33,000,000 shares. The transfer agent delivered the dividend shares to our
stockholders entitled thereto on or about November 15, 2007.

     (d) Application of California law.

         Section 2115 of the California General Corporation law provides that a
corporation incorporated under the laws of a jurisdiction other than California,
but which has more than one-half of its "outstanding voting securities" and
which has a majority of its property, payroll and sales in California, based on
the factors used in determining its income allocable to California on its
franchise tax returns, may be required to provide cumulative voting until such
time as the Company has its shares listed on certain national securities
exchanges, or designated as a national market security on NASDAQ (subject to
certain limitations). Accordingly, holders of our Common Stock may be entitled
to one vote for each share of Common Stock held and may have cumulative voting
rights in the election of directors. This means that holders are entitled to one


                                      11.


<PAGE>


vote for each share of Common Stock held, multiplied by the number of directors
to be elected, and the holder may cast all such votes for a single director, or
may distribute them among any number of all of the directors to be elected.

         Our existing directors who are also shareholders, acting in harmony,
will be able to elect all of the members of the board of directors even if
Section 2115 is applicable.

     (e) Purchases of Equity Securities.

         On December 13, 2004 and August 1, 2006, respectively, David Phillipson
and Peter John Berzins, prior officers and directors, for no consideration,
transferred all of their shares of the Company to Diana L. Hassan. Except for
said transfer of said shares, we (and affiliated purchasers) have made no
purchases or repurchases of any securities of any issuer.

     (f) Increase in Authorized Common Stock.

         Effective as of October 31, 2007, Article FOURTH of our Articles of
Incorporation was amended to provide that our corporation shall have the
authority to issue 100,000,000 shares of common stock, par value for each such
share is $.001. There was no change in any of the rights or preferences
presently existing for our existing shareholders. Nevada Revised Statutes
(78.209) permits an officer to file with the Secretary of State, a Certificate
of Change reflecting the amendment.

     (g) Securities Authorized for Issuance under an Equity Compensation Plan.

         We have not authorized the issuance of any of our securities in
connection with any form of equity compensation plan.

     (h) Recent Sale of Unregistered Securities.

         During the year ended December 31, 2007, we did not have any sales of
any of our securities.


ITEM 6.   SELECTED FINANCIAL DATA

         Not applicable to smaller reporting companies.

ITEM 7.   MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND
          RESULTS OF OPERATIONS.

         This discussion may contain certain forward looking statements within
the meaning of the Private Securities Litigation Reform Act of 1995. Actual
results could differ materially from those forward-looking statements. The
factors that may cause actual results to differ materially is that the Company
has no arrangement, agreement or understanding with respect to engaging in a
merger with, joint venture with or acquisition of, a private or public company
and that there can be no assurance that the Company will be successful in
identifying and evaluating suitable business opportunities or completing a
business combination.

Plan of Operation.

         We will continue to seek a new business opportunity or business
combination over the next twelve month period of time. We are currently not
engaged in any preliminary negotiations to effectuate a business combination.
The majority shareholder has had preliminary negotiations that, if consummated,
may result in a change in control. We have been informed that, if, pursuant to
any arrangement or understanding with the person or persons acquiring securities
in a transaction subject to the 1934 Act, any persons are to be elected or
designated as directors of the Company, otherwise than at a meeting of security
holders, and the persons so elected or designated will constitute a majority of
the directors of the Company, then, not less than 10 days prior to the date any
such persons take office as a director, or such shorter period prior to the date
the Securities and Exchange Commission may authorize upon a showing of good
cause therefore, the Company shall file with the Securities and Exchange


                                      12.

<PAGE>

Commission and transmit to all holders of record of securities of the Company
who would be entitled to vote at a meeting for election of directors,
information substantially equivalent to certain information which would be
required by Schedule 14A of Regulation 14A to be transmitted if such person or
persons were nominees for election as directors at a meeting of such security
holders.

         We are dependent upon our officers to meet any de minimis costs that we
may incur. Diana L. Hassan, an officer and director of the Company, has agreed
to provide the necessary funds, without interest, for us to comply with the 1934
Act; provided that she is an officer and director of the Company when the
obligation is incurred. As part of any transaction that may result in the change
in our control, Diana L. Hassan may forgive the indebtedness owed to her by us.

         Since we have had no operating history nor any revenues or earnings
from operations, with no significant assets or financial resources, we will in
all likelihood continue to sustain operating expenses without corresponding
revenues, at least until the consummation of a business combination. This may
result in us incurring a net operating loss which will increase continuously
until we can consummate a business combination with a profitable business
opportunity and consummate such a business combination.

Financial Condition.

         Our auditor's going concern opinion and the notation in the financial
statements indicate that we do not have significant cash or other material
assets and that we are relying on advances from stockholders, officers and
directors to meet limited operating expenses. We do not have sufficient cash or
other material assets or do we have sufficient operations or an established
source of revenue to cover our operational costs that would allow us to continue
as a going concern. We are insolvent in that we are unable to pay our debts in
the ordinary course of business as they become due. Our financial statements do
not include any adjustments relating to the recoverability and classification of
asset carrying amounts and classification of liabilities that might result
should we be unable to continue as a going concern.

         We are unable to predict our future income; accordingly, we do not know
when our operating expenses and operating losses will cease and when we will
begin reducing our accumulated deficit and commence repayment of the officers'
advances, if ever.

Liquidity.

         As of December 31, 2007, we had no assets and we have total liabilities
of $11,283 and we had a negative net worth of $11,283. As of December 31, 2006,
we had no assets and we have total liabilities of $6,310 and a negative net
worth of $6,310. Our net worth and total liabilities each increased by 4,998.

         We have had no revenues from inception through December 31, 2007. We
have a loss from inception through December 31, 2006 of $39,310. Our loss from
inception through December 31, 2006 was $44,283 or an increase of $5,183 in
2007.

         We have officer's advances of $6,285 from inception to December 31,
2006. The officer's advances as of December 31, 2007 was $11,283 or an increase
of $4,998 from the prior year.

Accounting for a Business Combination.

         In July 2001, the Financial Accounting Standards Board issued Statement
of Financial Accounting Standards "SFAS" No. 141, "Business Combinations" and
SFAS No. 142, "Goodwill and Other Intangible Assets." SFAS No. 141 requires
business combinations initiated after June 30, 2001 to be accounted for using
the purchase method of accounting, and broadens the criteria for recording
intangible assets separate from goodwill. Recorded goodwill and intangibles will
be evaluated against these new criteria and may result in certain intangibles
being subsumed into goodwill, or alternatively, amounts initially recorded as
goodwill may be separately identified an recognized apart from goodwill. SGAS
No. 142 requires the use of a non-amortization approach to account for purchased
goodwill and certain intangibles. Under a non-amortization approach, goodwill
and certain intangibles is more than its fair value. Goodwill is the excess of
the acquisition costs of the acquired entity over the fair value of the
identifiable net assets acquired. The Company is required to test goodwill and

                                      13.

<PAGE>

intangible assets that are determined to have an indefinite life for impairments
at least annually. The provisions of SFAS No. 142 require the completion of an
annual impairment test with any impairment recognized in current earnings. The
provisions of SFAS No. 141 and SFAS No. 142 may be applicable to any business
combination that we may enter into in the future.

         We have also been informed that most business combinations will be
accounted for as a reverse acquisition with us being the surviving registrant.
As a result of any business combination, if the acquired entity's shareholders
will exercise control over us, the transaction will be deemed to be a capital
transaction where we are treated as a non-business entity. Therefore, the
accounting for the business combination is identical to that resulting from a
reverse merger, except no goodwill or other intangible assets will be recorded.
For accounting purposes, the acquired entity will be treated as the accounting
acquirer and, accordingly, will be presented as the continuing entity.


ITEM 7A.  QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

         Not applicable to smaller reporting companies.


















                                      14.


ITEM 8.   FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA.


                            LAS PALMAS MOBILE ESTATES
                        (A Development Stage Enterprise)

                                FINANCIAL REPORTS

                                DECEMBER 31, 2007
                                DECEMBER 31, 2006




























                                      15.


<PAGE>


                            LAS PALMAS MOBILE ESTATES
                        (A DEVELOPMENT STAGE ENTERPRISE)

                                    CONTENTS








________________________________________________________________________________

Report of Independent Registered Public Accounting Firm                       17

FINANCIAL STATEMENTS

   Balance Sheets                                                             18

   Statements of Operations                                                   19

   Statements of Stockholders' Deficit                                        20

   Statements of Cash Flows                                                   21

   Notes to Financial Statements                                           22-26
________________________________________________________________________________











                                       16.


<PAGE>


                                  KLT CPA, LLC
                                 KYLE L. TINGLE
                          PERSONAL FINANCIAL PLANNING,
                        BUSINESS SERVICES & TAX PLANNING


             REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM


To the Board of Directors
Las Palmas Mobile Estates
Las Vegas, Nevada


We have audited the accompanying balance sheets of Las Palmas Mobile Estates (A
Development Stage Enterprise) as of December 31, 2007 and 2006 the related
statements of operations, stockholder's deficit, and cash flows for the years
then ended and the period October 29, 1992 (inception) through December 31,
2007. These financial statements are the responsibility of the Company's
management. Our responsibility is to express an opinion on these financial
statements based on our audit.

We conducted our audit in accordance with the standards of the Public Company
Accounting Oversight Board (United States). Those standards require that we plan
and perform the audit to obtain reasonable assurance about whether the financial
statements are free of material misstatement. The Company is not required to
have, nor were we engaged to perform, an audit of its internal control over
financial reporting. Our audit included consideration of internal control over
financial reporting as a basis for designing audit procedures that are
appropriate in the circumstances, but not for the purpose of expressing an
opinion on the effectiveness of the Company's internal control over financial
reporting. Accordingly, we express no such opinion. An audit includes examining,
on a test basis, evidence supporting the amounts and disclosures in the
financial statements. An audit also includes assessing the accounting principles
used and significant estimates made by management, as well as evaluating the
overall financial statement presentation. We believe that our audit provide a
reasonable basis for our opinion.

In our opinion, the financial statements referred to above present fairly, in
all material respects, the financial position of Las Palmas Mobile Estates (A
Development Stage Enterprise) as of December 31, 2007 and 2006 and the results
of its operations and cash flows for years then ended and the period October 29,
1992 (inception) through December 31, 2007, in conformity with U.S. generally
accepted accounting principles.

The accompanying financial statements have been prepared assuming that the
Company will continue as a going concern. As discussed in Note 1 to the
financial statements, the Company has limited operations and has no established
source of revenue. This raises substantial doubt about its ability to continue
as a going concern. Management's plan in regard to these matters is also
described in Note 1. The financial statements do not include any adjustments
that might result from the outcome of this uncertainty.




Kyle L. Tingle, CPA, LLC


March 14, 2008
Las Vegas, Nevada


                                      17.


<PAGE>

<TABLE>
<CAPTION>



                            LAS PALMAS MOBILE ESTATES
                        (A DEVELOPMENT STAGE ENTERPRISE)
                                 BALANCE SHEETS


                                                                                        December 31,     December 31,
                                                                                                2007             2006
                                                                                       _____________     ____________


                                     ASSETS

<S>                                                                                    <C>               <C>
CURRENT ASSETS                                                                         $           0     $          0
                                                                                       _____________     ____________

            Total current assets                                                       $           0     $          0
                                                                                       _____________     ____________

                   Total assets                                                        $           0     $          0
                                                                                       =============     ============


                      LIABILITIES AND STOCKHOLDERS' DEFICIT
CURRENT LIABILITIES
     Accounts payable                                                                  $           0     $         25
     Officers advances                                                                        11,283            6,285
                                                                                       _____________     ____________

            Total current liabilities                                                  $      11,283     $      6,310
                                                                                       _____________     ____________

STOCKHOLDERS' DEFICIT
     Common stock: $.001 par value;
        authorized 100,000,000 shares; issued
        and outstanding:  33,000,000 shares at
        December 31, 2007 and 2006                                                            33,000           33,000
     Additional paid in capital                                                                    0                0
     Accumulated deficit during development stage                                            (44,283)         (39,310)
                                                                                       _____________     ____________

            Total stockholders' deficit                                                $     (11,283)    $     (6,310)
                                                                                       _____________     ____________

                   Total liabilities and
                   stockholders' deficit                                               $           0     $          0
                                                                                       =============     ============

</TABLE>




                 See Accompanying Notes to Financial Statements.

                                       18.

<PAGE>
<TABLE>
<CAPTION>


                            LAS PALMAS MOBILE ESTATES
                        (A DEVELOPMENT STAGE ENTERPRISE)
                            STATEMENTS OF OPERATIONS




                                                                                                           Oct. 29, 1992
                                                                           Year Ended       Year Ended    (inception) to
                                                                         December 31,      December 31,     December 31,
                                                                                 2007              2006             2007
                                                                         ____________     _____________     ____________

<S>                                                                      <C>              <C>               <C>
Revenues                                                                 $          0     $           0     $          0

Cost of revenue                                                                     0                 0                0
                                                                         ____________     _____________     ____________

           Gross profit                                                  $          0     $           0     $          0
General, selling and
   administrative expenses                                                      4,973             4,165           33,283
                                                                         ____________     _____________     ____________
           Operating loss                                                $     (4,973)    $      (4,165)    $    (33,283)

Nonoperating income (expense)                                                       0                 0                0
                                                                         ____________     _____________     ____________

   Net loss                                                              $     (4,973)    $      (4,165)    $    (33,283)
                                                                         =============    =============     ==============


   Net loss per share, basic
   and diluted                                                           $      (0.00)    $       (0.00)
                                                                         ============     =============

   Average number of shares
   of common stock outstanding                                             33,000,000        33,000,000
                                                                         ============     =============

</TABLE>




                 See Accompanying Notes to Financial Statements.


                                       19.

<PAGE>
<TABLE>
<CAPTION>


                            LAS PALMAS MOBILE ESTATES
                        (A DEVELOPMENT STAGE ENTERPRISE)
                       STATEMENTS OF STOCKHOLDERS' DEFICIT


                                                                                       Accumulated
                                                                                            Deficit
                                         Common Stock                  Additional           During
                                  _______________________________         Paid-In      Development
                                      Shares           Amount             Capital            Stage          Total
                                  ______________    _____________     ____________     ______________    _____________
<S>                                   <C>           <C>               <C>              <C>               <C>
November 8, 1992, issue
  common stock                        33,000,000    $      33,000     $          0     $     (11,000)    $     22,000
Net loss, December 31, 1992                                                                     (340)            (340)
                                  ______________    _____________     ____________     ______________    _____________
Balance, December 31, 1992            33,000,000    $      33,000     $          0     $     (11,340)    $     21,660
Net loss, December 31, 1993                                                                  (21,660)         (21,660)
                                  ______________    _____________     ____________     ______________    _____________
Balance, December 31, 1993            33,000,000    $      33,000     $          0     $     (33,000)    $          0
Net loss, December 31, 1994                                                                      (85)             (85)
                                  ______________    _____________     ____________     ______________    _____________
Balance, December 31, 1994            33,000,000    $      33,000     $          0     $     (33,085)    $        (85)
Net loss, December 31, 1995                                                                      (85)             (85)
                                  ______________    _____________     ____________     ______________    _____________
Balance, December 31, 1995            33,000,000    $      33,000     $          0     $     (33,170)    $       (170)
Net loss, December 31, 1996                                                                      (85)             (85)
                                  ______________    _____________     ____________     ______________    _____________
Balance, December 31, 1996            33,000,000    $      33,000     $          0     $     (33,255)    $       (255)
Net loss, December 31, 1997                                                                     (380)            (380)
                                  ______________    _____________     ____________     ______________    _____________
Balance, December 31, 1997            33,000,000    $      33,000     $          0     $     (33,635)    $       (635)
Net loss, December 31, 1998                                                                      (85)             (85)
                                  ______________    _____________     ____________     ______________    _____________
Balance, December 31, 1998            33,000,000    $      33,000     $          0     $     (33,720)    $       (720)
Net loss, December 31, 1999                                                                      (85)             (85)
                                  ______________    _____________     ____________     ______________    _____________
Balance, December 31, 1999            33,000,000    $      33,000     $          0     $     (33,805)    $       (805)
July 3, 2000, changed from no
    par value to $0.001
July 3, 2000, forward stock
    1000:1
Net loss, December 31, 2000                                                                     (340)            (340)
                                  ______________    _____________     ____________     ______________    _____________
Balance, December 31, 2000            33,000,000    $      33,000     $          0     $     (34,145)    $     (1,145)
Net loss, December 31, 2001                                                                      (85)             (85)
                                  ______________    _____________     ____________     ______________    _____________
Balance, December 31, 2001            33,000,000    $      33,000     $          0     $     (34,230)    $     (1,230)
Net loss, December 31, 2002                                                                      (85)             (85)
                                  ______________    _____________     ____________     ______________    _____________
Balance, December 31, 2002            33,000,000    $      33,000     $          0     $     (34,315)    $     (1,315)
Net loss, December 31, 2003                                                                      (85)             (85)
                                  ______________    _____________     ____________     ______________    _____________
Balance, December 31, 2003            33,000,000    $      33,000     $          0     $     (34,400)    $     (1,400)
Net loss, December 31, 2004                                                                     (545)            (545)
                                  ______________    _____________     ____________     ______________    _____________
Balance, December 31, 2004            33,000,000    $      33,000     $          0     $     (34,945)    $     (1,945)
Net loss, December 31, 2005                                                                     (200)            (200)
                                  ______________    _____________     ____________     ______________    _____________
Balance, December 31, 2005            33,000,000    $      33,000     $          0     $     (35,145)    $     (2,145)
Net loss, December 31, 2006                                                                   (4,165)          (4,165)
                                  ______________    _____________     ____________     ______________    _____________
Balance, December 31, 2006            33,000,000    $      33,000     $          0     $     (39,310)    $     (6,310)
November 14, 2007, 14 for 1
     stock dividend
Net loss, December 31, 2007                                                                   (4,973)          (4,973)
                                  ______________    _____________     ____________     ______________    _____________
Balance, December 31, 2007            33,000,000    $      33,300     $          0     $     (44,283)    $    (11,283)
                                  ==============    =============     ============     ==============    =============

</TABLE>


                 See Accompanying Notes to Financial Statements.

                                       20.

<PAGE>
<TABLE>
<CAPTION>


                            LAS PALMAS MOBILE ESTATES
                        (A DEVELOPMENT STAGE ENTERPRISE)
                            STATEMENTS OF CASH FLOWS



                                                                                                         Oct. 29, 1992
                                                                         Year Ended        Year Ended   (inception) to
                                                                       December 31,      December 31,     December 31,
                                                                               2007              2006             2007
                                                                       _____________    ______________    _____________
<S>                                                                    <C>              <C>               <C>
Cash Flows From
Operating Activities
    Net loss                                                           $     (4,973)    $      (4,165)    $    (33,283)
    Adjustments to reconcile net loss
    to cash used in operating activities:
    Changes in assets and liabilities
    Increase (decrease) in accounts payable                                     (25)             (975)               0
                                                                       _____________    ______________    _____________
         Net cash used in
            operating activities                                       $     (4,998)    $       5,140     $    (33,283)
                                                                       _____________    ______________    _____________

Cash Flows From
Investing Activities                                                   $          0     $           0     $          0
                                                                       _____________    ______________    _____________

Cash Flows From
Financing Activities
    Issuance of common stock                                           $          0     $           0     $     22,000
    Increase in officer advances                                              4,998             5,140           11,283
                                                                       _____________    ______________    _____________

         Net cash provided by
            financing activities                                       $      4,998             5,140     $     33,283
                                                                       _____________    ______________    _____________

         Net increase (decrease)
            in cash                                                    $          0     $           0     $          0

Cash, beginning of period                                                         0                 0     $          0
                                                                       _____________    ______________    _____________

Cash, end of period                                                    $          0     $           0     $          0
                                                                       =============    ==============    =============


Supplemental Information and Non-monetary Transactions:

Interest paid                                                          $           0    $           0     $           0
                                                                       =============    =============     =============

Taxes paid                                                             $           0    $           0     $           0
                                                                       =============    =============     =============

</TABLE>


                 See Accompanying Notes to Financial Statements.

                                       21.

<PAGE>


                            LAS PALMAS MOBILE ESTATES
                        (A DEVELOPMENT STAGE ENTERPRISE)
                          NOTES TO FINANCIAL STATEMENTS


NOTE 1.  NATURE OF BUSINESS AND SIGNIFICANT ACCOUNTING POLICIES

NATURE OF BUSINESS:

Las Palmas Mobile Estates ("Company") was organized October 29, 1992 under the
laws of the State of Nevada. The Company currently has no operations and, in
accordance with Statement of Financial Accounting Standard (SFAS) No. 7,
"ACCOUNTING AND REPORTING BY DEVELOPMENT STAGE ENTERPRISES," is considered a
Development Stage Enterprise.

A SUMMARY OF THE COMPANY'S SIGNIFICANT ACCOUNTING POLICIES IS AS FOLLOWS:

ESTIMATES

The preparation of financial statements in conformity with generally accepted
accounting principles requires management to make estimates and assumptions that
affect the reported amounts of assets and liabilities and disclosure of
contingent assets and liabilities at the date of the financial statements and
the reported amounts of revenues and expenses during the reporting period.
Actual results could differ from those estimates.

CASH

For the Statements of Cash Flows, all highly liquid investments with maturity of
three months or less are considered to be cash equivalents. There were no cash
equivalents as of December 31, 2007 and 2006.

INCOME TAXES

Income taxes are provided for using the liability method of accounting in
accordance with SFAS No. 109 "ACCOUNTING FOR INCOME TAXES," and clarified by FIN
48, "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES--AN INTERPRETATION OF FASB
STATEMENT NO. 109." A deferred tax asset or liability is recorded for all
temporary differences between financial and tax reporting. Temporary differences
are the differences between the reported amounts of assets and liabilities and
their tax basis. Deferred tax assets are reduced by a valuation allowance when,
in the opinion of management, it is more likely than not that some portion or
all of the deferred tax assets will not be realized. Deferred tax assets and
liabilities are adjusted for the effect of changes in tax laws and rates on the
date of enactment.

SHARE BASED EXPENSES

In December 2004, the Financial Accounting Standards Board ("FASB") issued SFAS
No. 123R "SHARE BASED PAYMENT." This statement is a revision to SFAS 123 and
supersedes Accounting Principles Board (APB) Opinion No. 25, "ACCOUNTING FOR
STOCK ISSUED TO EMPLOYEES," and amends FASB Statement No. 95, "STATEMENT OF CASH
FLOWS." This statement requires a public entity to expense the cost of employee
services received in exchange for an award of equity instruments. This statement
also provides guidance on valuing and expensing these awards, as well as
disclosure requirements of these equity arrangements. The Company adopted SFAS
No. 123R upon creation of the company and expenses share based costs in the
period incurred.

                                       22.

<PAGE>


                            LAS PALMAS MOBILE ESTATES
                        (A DEVELOPMENT STAGE ENTERPRISE)
                          NOTES TO FINANCIAL STATEMENTS


NOTE 1.  NATURE OF BUSINESS AND SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

GOING CONCERN

The Company's financial statements are prepared in accordance with generally
accepted accounting principles applicable to a going concern. This contemplates
the realization of assets and the liquidation of liabilities in the normal
course of business. Currently, the Company does have cash, but not material
assets, nor does it have operations or a source of revenue sufficient to cover
its operation costs and allow it to continue as a going concern. The Company
will be dependent upon the raising of additional capital through placement of
our common stock in order to implement its business plan, or merge with an
operating company. There can be no assurance that the Company will be successful
in either situation in order to continue as a going concern. The officers and
directors have committed to advancing certain operating costs of the Company.

RECENT ACCOUNTING PRONOUNCEMENTS

In September 2006, the FASB issued SFAS No. 157, "Fair Value Measurements" (SFAS
157). SFAS 157 provides guidance for using fair value to measure assets and
liabilities. SFAS 157 addresses the requests from investors for expanded
disclosure about the extent to which companies measure assets and liabilities at
fair value, the information used to measure fair value and the effect of fair
value measurements on earnings. SFAS 157 applies whenever other standards
require (or permit) assets or liabilities to be measured at fair value, and does
not expand the use of fair value in any new circumstances. SFAS 157 is effective
for financial statements issued for fiscal years beginning after November 15,
2007 and will be adopted by the Company in the first quarter of fiscal year
2009. We do not expect that the adoption of SFAS 157 will have a material impact
on our financial condition or results of operations.

In February 2007, the Financial Accounting Standards Board issued Statement of
Financial Accounting Standards No. 159, "The Fair Value Option for Financial
Assets and Financial Liabilities - Including an amendment of FASB Statement No.
115" (hereinafter "SFAS No. 159"). This statement permits entities to choose to
measure many financial instruments and certain other items at fair value.

The objective is to improve financial reporting by providing entities with the
opportunity to mitigate volatility in reported earnings caused by measuring
related assets and liabilities differently without having to apply complex hedge
accounting provisions. This statement is expected to expand the use of fair
value measurement, which is consistent with the Board's long-term measurement
objectives for accounting for financial instruments. This statement is effective
as of the beginning of an entity's first fiscal year that begins after November
15, 2007, although earlier adoption is permitted. Management has not determined
the effect that adopting this statement would have on the Company's financial
condition or results of operations.


                                       23.

<PAGE>


                            LAS PALMAS MOBILE ESTATES
                        (A DEVELOPMENT STAGE ENTERPRISE)
                          NOTES TO FINANCIAL STATEMENTS

NOTE 1.  NATURE OF BUSINESS AND SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)


In December 2007, the FASB issued SFAS 141(R), "Business Combinations-- a
replacement of FASB Statement No. 141." This Statement replaces SFAS 141,
"Business Combinations," and requires an acquirer to recognize the assets
acquired, the liabilities assumed, including those arising from contractual
contingencies, any contingent consideration, and any noncontrolling interest in
the acquiree at the acquisition date, measured at their fair values as of that
date, with limited exceptions specified in the statement. SFAS 141(R) also
requires the acquirer in a business combination achieved in stages (sometimes
referred to as a step acquisition) to recognize the identifiable assets and
liabilities, as well as the noncontrolling interest in the acquiree, at the full
amounts of their fair values (or other amounts determined in accordance with
SFAS 141(R)). In addition, SFAS 141(R)'s requirement to measure the
noncontrolling interest in the acquiree at fair value will result in recognizing
the goodwill attributable to the noncontrolling interest in addition to that
attributable to the acquirer. SFAS 141(R) amends SFAS No. 109, "Accounting for
Income Taxes," to require the acquirer to recognize changes in the amount of its
deferred tax benefits that are recognizable because of a business combination
either in income from continuing operations in the period of the combination or
directly in contributed capital, depending on the circumstances. It also amends
SFAS 142, "Goodwill and Other Intangible Assets," to, among other things,
provide guidance on the impairment testing of acquired research and development
intangible assets and assets that the acquirer intends not to use. SFAS 141(R)
applies prospectively to business combinations for which the acquisition date is
on or after the beginning of the first annual reporting period beginning on or
after December 15, 2008. We are currently assessing the potential impact that
the adoption of SFAS 141(R) could have on our financial statements.

In December 2007, the FASB issued SFAS 160, "Noncontrolling Interests in
Consolidated Financial Statements." SFAS 160 amends Accounting Research Bulletin
51, "Consolidated Financial Statements," to establish accounting and reporting
standards for the noncontrolling interest in a subsidiary and for the
deconsolidation of a subsidiary. It also clarifies that a noncontrolling
interest in a subsidiary is an ownership interest in the consolidated entity
that should be reported as equity in the consolidated financial statements. SFAS
160 also changes the way the consolidated income statement is presented by
requiring consolidated net income to be reported at amounts that include the
amounts attributable to both the parent and the noncontrolling interest. It also
requires disclosure, on the face of the consolidated statement of income, of the
amounts of consolidated net income attributable to the parent and to the
noncontrolling interest. SFAS 160 requires that a parent recognize a gain or
loss in net income when a subsidiary is deconsolidated and requires expanded
disclosures in the consolidated financial statements that clearly identify and
distinguish between the interests of the parent owners and the interests of the
noncontrolling owners of a subsidiary. SFAS 160 is effective for fiscal periods,
and interim periods within those fiscal years, beginning on or after December
15, 2008. We are currently assessing the potential impact that the adoption of
SFAS 141(R) could have on our financial statements.


                                       24.


<PAGE>


                            LAS PALMAS MOBILE ESTATES
                        (A DEVELOPMENT STAGE ENTERPRISE)
                          NOTES TO FINANCIAL STATEMENTS


NOTE 2.  STOCKHOLDERS' EQUITY

COMMON STOCK

The authorized common stock of the Company consists of 25,000,000 shares with
par value of $0.001. On November 8, 1992 the Company authorized and issued
22,000 shares of its no par value common stock in consideration of $22,000 in
cash.

On July 3, 2000, the State of Nevada approved the Company's restated Articles of
Incorporation, which increased its capitalization from 2,500 common shares to
25,000,000 common shares. The no par value was changed to $0.001 per share.

On June 29, 2000, the Company's shareholders approved a forward split of its
common stock at one thousand shares for one share of the existing shares. The
number of common stock shares outstanding increased from 22,000 to 2,200,000.
Prior period information has been restated to reflect the stock split.

On October 31, 2007, the State of Nevada approved the Company's amendment to
Article Four of the Articles of Incorporation which increased its capitalization
from 25,000,000 common shares to 100,000,000 common shares. Par value remained
at $.001 per share.

On October 29, 2007, the Company's shareholders approved a stock dividend of its
common stock. The dividend was fourteen shares for each share of the outstanding
shares at November 14, 2007. No fractional shares were be issued. The number of
common shares outstanding increased from 2,200,000 to 33,000,000. Par value of
the new shares exceeded the original consideration received. An adjustment to
retained earnings was made for $11,000 to account for this dividend. Prior
period information has been restated to reflect the stock dividend.

The Company has not authorized any preferred stock.

NET LOSS PER COMMON SHARE

Net loss per share is calculated in accordance with SFAS No. 128, "EARNINGS PER
SHARE." The weighted-average number of common shares outstanding during each
period is used to compute basic loss per share. Diluted loss per share is
computed using the weighted averaged number of shares and dilutive potential
common shares outstanding. Dilutive potential common shares are additional
common shares assumed to be exercised.

Basic net loss per common share is based on the weighted average number of
shares of common stock outstanding of 33,000,000 during 2007, 2006 and since
inception. As of December 31, 2007 and 2006, and since inception, the Company
had no dilutive potential common shares.



                                       25.

<PAGE>



                            LAS PALMAS MOBILE ESTATES
                        (A DEVELOPMENT STAGE ENTERPRISE)
                          NOTES TO FINANCIAL STATEMENTS

NOTE 3.  INCOME TAXES

We did not provide any current or deferred U.S. federal income tax provision or
benefit for any of the periods presented because we have experienced operating
losses since inception. Per Statement of Accounting Standard No. 109 -
Accounting for Income Tax and FASB Interpretation No. 48 - Accounting for
Uncertainty in Income Taxes an interpretation of FASB Statement No.109, when it
is more likely than not that a tax asset cannot be realized through future
income the Company must allow for this future tax benefit. We provided a full
valuation allowance on the net deferred tax asset, consisting of net operating
loss carryforwards, because management has determined that it is more likely
than not that we will not earn income sufficient to realize the deferred tax
assets during the carryforward period.

The components of the Company's deferred tax asset as of December 31, 2007 and
2006 are as follows:

                                                        2007              2006
                                               ______________    ______________
   Net operating loss carryforward             $      11,316     $       9,625
   Valuation allowance                               (11,316)           (9,625)
                                               ______________    ______________

   Net deferred tax asset                      $           0     $           0
                                               ==============    ==============


A reconciliation of income taxes computed at the statutory rate to the income
tax amount recorded is as follows:

<TABLE>
<CAPTION>

                                                        2007              2006    Since Inception
                                               ______________    ______________   ______________
<S>                      <C>                   <C>               <C>              <C>
   Tax at statutory rate (35%)                 $       1,741     $       1,458    $      11,498
   Increase in valuation allowance                    (1,741)           (1,458)         (11,498)
                                               ______________    ______________   ______________

   Net deferred tax asset                      $           0     $           0    $           0
                                               ==============    ==============   ==============

</TABLE>

The net federal operating loss carry forward will expire between 2016 and 2026.
This carry forward may be limited upon the consummation of a business
combination under IRC Section 381.


NOTE 4.  RELATED PARTY TRANSACTIONS

The Company neither owns nor leases any real or personal property. An officer or
resident agent of the corporation provides office services without charge. Such
costs are immaterial to the financial statements and accordingly, have not been
reflected therein. The officers and directors for the Company are involved in
other business activities and may, in the future, become involved in other
business opportunities. If a specific business opportunity becomes available,
such persons may face a conflict in selecting between the Company and their
other business interest. The Company has not formulated a policy for the
resolution of such conflicts. As of December 31, 2007 and December 31, 2006, the
company owed officers $11,283 and $6,285 respectively.


NOTE 5.  WARRANTS AND OPTIONS

         There are no warrants or options outstanding to acquire any additional
shares of common stock of the Company.

                                       26.


<PAGE>


ITEM 9.   CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND
          FINANCIAL DISCLOSURE.

         There have been no changes in and no disagreements with our accountant
on accounting or the accountant's findings on financial disclosures.


ITEM 9A.  CONTROLS AND PROCEDURES.

Conclusion Regarding the Effectiveness of Disclosure Controls and Procedures

         Under the supervision and with the participation of our management,
including our principal executive officer and principal financial officer, we
conducted an evaluation of our disclosure controls and procedures, as such term
is defined under Rule 13a-15(e) promulgated under the 1934 Act or the 1934 Act.
Based on this evaluation, our principal executive officer and our principal
financial officer concluded that our disclosure controls and procedures were
effective as of the end of the period covered by this annual report.

Management's Report on Internal Control Over Financial Reporting

         Our management is responsible for establishing and maintaining adequate
internal control over financial reporting, as such term is defined in Exchange
Act Rule 13a-15(f). Under the supervision and with the participation of our
management, including our President and Chief Executive Officer and our Senior
Vice President and Chief Financial and Business Officer, we conducted an
evaluation of the effectiveness of our internal control over financial reporting
based on the framework in INTERNAL CONTROL - INTEGRATED FRAMEWORK issued by the
Committee of Sponsoring Organizations of the Treadway Commission. Based on our
evaluation under the framework in INTERNAL CONTROL -- INTEGRATED FRAMEWORK, our
management concluded that our internal control over financial reporting was
effective as of December 31, 2007.

Changes in Internal Control Over Financial Reporting

         There was no change in our internal control over financial reporting
during our most recent fiscal quarter that has materially affected, or is
reasonably likely to materially affect, our internal controls over financial
reporting.

Report of Independent Registered Public Accounting Firm

The Board of Directors and Stockholders of Las Palmas Mobile Estates

         We have audited Las Palmas Mobile Estates's internal control over
financial reporting as of December 31, 2007, based on criteria established in
Internal Control--Integrated Framework issued by the Committee of Sponsoring
Organizations of the Treadway Commission (the COSO criteria). Las Palmas Mobile
Estates's management is responsible for maintaining effective internal control
over financial reporting, and for its assessment of the effectiveness of
internal control over financial reporting included in the accompanying
Management's Report on Internal Control Over Financial Reporting. Our
responsibility is to express an opinion on the company's internal control over
financial reporting based on our audit.

         We conducted our audit in accordance with the standards of the Public
Company Accounting Oversight Board (United States). Those standards require that
we plan and perform the audit to obtain reasonable assurance about whether
effective internal control over financial reporting was maintained in all
material respects. Our audit included obtaining an understanding of internal
control over financial reporting, assessing the risk that a material weakness
exists, testing and evaluating the design and operating effectiveness of
internal control based on the assessed risk, and performing such other
procedures as we consider necessary in the circumstances. We believe that our
audit provides a reasonable basis for our opinion.


                                      27.


<PAGE>


         A company's internal control over financial reporting is a process
designed to provide reasonable assurance regarding the reliability of financial
reporting and the preparation of financial statements for external purposes in
accordance with generally accepted accounting principles. A company's internal
control over financial reporting includes those policies and procedures that (1)
pertain to the maintenance of records that, in reasonable detail, accurately and
fairly reflect the transactions and dispositions of the assets of the company;
(2) provide reasonable assurance that transactions are recorded as necessary to
permit preparation of financial statements in accordance with generally accepted
accounting principles, and that receipts and expenditures of the company are
being made only in accordance with authorizations of management and directors of
the company; and (3) provide reasonable assurance regarding prevention or timely
detection of unauthorized acquisition, use, or disposition of the company's
assets that could have a material effect on the financial statements.

         Because of its inherent limitations, internal control over financial
reporting may not prevent or detect misstatements. Also, projections of any
evaluation of effectiveness to future periods are subject to the risk that
controls may become inadequate because of changes in conditions, or that the
degree of compliance with the policies or procedures may deteriorate.

         In our opinion, Las Palmas Mobile Estates maintained, in all material
respects, effective internal control over financial reporting as of December 31,
2007, based on the COSO criteria.

         We also have audited, in accordance with the standards of the Public
Company Accounting Oversight Board (United States), the balance sheets as of
December 31, 2007 and 2006, and the related statements of operations,
stockholders' equity and cash flows for each of the three years in the period
ended December 31, 2007 of Las Palmas Mobile Estates and our report dated March
XX 2008 expressed a qualified opinion on matters other than those involving
controls and procedures.

Very truly yours,

/s/  KYLE L. TINGLE, CPA
________________________
     Kyle L. Tingle, CPA


ITEM 9B.  OTHER INFORMATION.

         Other than the information contained in the Form 8-K filed on November
1, 2007, we have no other information that we would have been required to
disclose in a report on Form 8-K during a fourth quarter of the year covered by
this Form 10-K.


                                    PART III


ITEM 10.  DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE

         Our sole director and officer (and promoter, affiliate and control
person) is as follows:

      Name                   Age       Position
      __________________________________________________

      Diana L. Hassan       43         President/Secretary
                                       Treasurer/Director

         The above listed officer and director will serve until the next annual
meeting of the shareholders or until her death, resignation, retirement,
removal, or disqualification, or until the successors have been duly elected and
qualified. Vacancies in the existing Board of Directors may be filled by
majority vote of the remaining Directors. Officers of the Company serve at the
will of the Board of Directors. There are no agreements or understandings for
any officer or director to resign at the request of another person and no
officer or director is acting on behalf of or will act at the direction of any
other person.


                                       28.


<PAGE>


Resume.

Diana L. Hassan

         From 1990 to the present, Diana L. Hassan was a self employed mortgage
banker serving the real estate markets in Southwest United States

Other Offerings.

         None of the officers, directors, promoters, control persons and
affiliates have been a director, officer, promoter, control person or affiliate
in any other blank check offering, blind pool offering or shell company.

Conflicts of Interest.

         Diana L. Hassan is associated with other firms involved in a range of
business activities. Consequently, there are potential inherent conflicts of
interest in her acting as an officer and director. Insofar as the officer and
director is engaged in other business activities, management anticipates she
will devote only a minor amount of time to the Company's affairs.

         Our officers and director are now and may in the future become
shareholders, officers or directors of other companies which may be engaged in
business activities similar to those conducted by the Company. Accordingly,
additional direct conflicts of interest may arise in the future with respect to
such individuals acting on behalf of the Company or other entities. Moreover,
additional conflicts of interest may arise with respect to opportunities which
come to the attention of such individuals in the performance of their duties or
otherwise. We do not currently have a right of first refusal pertaining to
opportunities that come to management's attention insofar as such opportunities
may relate to the Company's proposed business operations.

         The officers and director are, so long as they are officers or a
director of the Company, subject to the restriction that all opportunities
contemplated by the Company's plan of operation which come to her attention,
either in the performance of her duties or in any other manner, will be
considered opportunities of, and be made available to the Company and the
companies that she is affiliated with on an equal basis. A breach of this
requirement will be a breach of the fiduciary duties of the officer or director.

         We have not adopted any other conflict of interest policy with respect
to such transactions.

No Adverse Issues.

         We are informed and believe that no officer, director, promoter,
control person and affiliate has, in the last five years, been the subject of:

     1.   A conviction in a criminal proceeding or named as a defendant in a
          pending criminal proceeding (excluding traffic violations and minor
          offenses);

     2.   The entry of an order, judgment, or decree, not subsequently reversed,
          suspended or vacated, by a court of competent jurisdiction that
          permanently or temporarily enjoined, barred, suspended or otherwise
          limited such person's involvement in any type of business, securities,
          commodities, or banking activities.

     3.   A finding or judgment by a court of competent jurisdiction (in a civil
          action), the Securities and Exchange Commission, the Commodity Futures
          Trading Commission, or state securities regulator of a violation of
          federal or state securities or commodities law, which finding or
          judgment has not been reversed, suspended, or vacated; or

     4.   The entry of an order by self-regulatory organization that permanently
          or temporarily barred, suspended or otherwise limited such person's
          involvement in any type of business or securities activities.


                                      29.


<PAGE>


         Prior to February 1, 2002, a prior officer and director (Peter John
Berzins) without admitting or denying the allegations of a complaint field in
the Eastern District of Virginia by the Commodity Futures Trading Commission,
consented to order for conduct allegedly occurring between 1996 and 1999.

         Peter John Berzins had been a shareholder of the Company from 1992
until August 1, 2006 and he continued as an officer and director until September
22, 2006. On August 1, 2006, Diana L. Hassan acquired all of the shares of stock
owned by Peter John Berzins in a private transaction.

         Regulation 228.401 (Item 401) of Regulation SB promulgated under the
Securities Act of 1933, as amended, and the 1934 Act requires that we describe
certain events that occurred during the past five years that are material to an
evaluation of the ability or integrity of any director, person nominated to
become a director, executive officer, promoter or control person of an issuer
like us. Although the events occurred prior to five years from date hereof, said
events had been reported in CFTC News Release 4356-00. Other than friendship,
Peter John Berzins has no relationship, directly or indirectly, with the issuer
or with its sole officer and director or with any of the issuer's shareholders.

ITEM 11.  EXECUTIVE COMPENSATION.

         None of the our officers and directors receive any compensation for
their respective services rendered to the Company, nor have they received such
compensation in the past. They all have agreed to act without compensation until
authorized by the Board of Directors, which is not expected to occur until we
have generated revenues from operations after consummation of a merger or
acquisition. As of the date of this report, we have no funds available to pay
directors. Further, none of the directors are accruing any compensation pursuant
to any agreement with us.

         We have not adopted any retirement, pension, profit sharing, stock
option or insurance programs or other similar programs for the benefit of our
directors, officers and/or employees.

ITEM 12.  SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND
          RELATED STOCKHOLDER MATTERS.

     (a) Security Ownership of Certain Beneficial Owners.

         The following table sets forth the security and beneficial ownership
for each class of our equity securities for any person who is known to be the
beneficial owner of more than five (5%) percent of the Company.

                   Name and                    Amount and
                   Address of                  Nature of
                   Beneficial                  Beneficial     Percent
Title of Class       Owner                       Owner        of Class
______________________________________________________________________

Common            Diana L. Hassan              23,100,000        70%
                  25980 Forest Drive
                  Escondido, California 92026


Common            All Officers and             23,100,000        70%
                  Directors as a Group
                  (one [1] individual)

         The total of the Company's outstanding Common Shares are held by 26
persons.

     (b)  Security Ownership of Management.

         The following table sets forth the ownership for each class of equity
securities of the Company owned beneficially and of record by all of our
directors and officers.


                                      30.


<PAGE>


                   Name and                    Amount and
                   Address of                  Nature of
                   Beneficial                  Beneficial     Percent
Title of Class       Owner                       Owner        of Class
______________________________________________________________________

Common            Diana L. Hassan              23,100,000        70%
                  25980 Forest Drive
                  Escondido, California 92026

Common            All Officers and             23,100,000        70%
                  Directors as a Group
                  (one [1] individual)


ITEM 13.  CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR
          INDEPENDENCE.

         On December 13, 2004 and August 1, 2006, respectively, David Phillipson
and Peter John Berzins, prior officers and directors, for no consideration,
transferred all of their shares of the Company to Diana L. Hassan. Except for
said transfer of said shares, there have been no related party transactions, or
any other transactions or relationships required to be disclosed pursuant to
Item 404 of Regulation S-B.

         Diana L. Hassan has agreed to provide the necessary funds, without
interest, for us to comply with the 1934 Act provided that she is an officer and
director of the Company when the obligation is incurred. All advances will be
interest-free.

ITEM 14.  PRINCIPAL ACCOUNTANT FEES AND SERVICES

Audit and Non-Audit Fees

                           Fiscal Year Ended
                              December 31,
_______________________________________________

                          2007            2006
_______________________________________________

Audit Fees               $1,650          $1,500

Audit Related Fees         None            None

Tax Fees                    300             375

All Other Fees             None            None

Pre Approval of Services by the Independent Auditor

         The Board of Directors has established policies and procedures for the
approval and pre approval of audit services and permitted non-audit services.
The Board has the responsibility to engage and terminate the Company's
independent registered public accountants, to pre-approve their performance of
audit services and permitted non-audit services and to review with the Company's
independent registered public accountants their fees and plans for all auditing
services. All services provided by and fees paid to Kyle A. Tingle in 2007 were
pre-approved by the Board of Directors.


                                      31.


<PAGE>


                                    PART IV


ITEM 15.  EXHIBITS AND FINANCIAL STATEMENT SCHEDULES

     There are no reports on Form 8-K incorporated herein by reference.

     The following documents are filed as part of this report:

     23.1 Consent of Kyle L. Tingle, CPA

     31.1 Certification of Chief Executive Officer.

     31.2 Certification of Chief Financial Officer.

     32.1 Section 906 Certification.

     32.2 Section 906 Certification.





















                                      32.


<PAGE>


                                  SIGNATURES


         Pursuant to the requirements of Section 12 of the Securities Exchange
Act of 1934, the Company has duly caused this Form 10-K to be signed on its
behalf by the undersigned, thereunto duly authorized.



Date:  April 14, 2008        LAS PALMAS MOBILE ESTATES



                             By: /s/ DIANA L. HASSAN
                                 _____________________________________
                                     Diana L. Hassan
                                     President



         Pursuant to the requirements of the Securities Exchange Act of 1934,
this report has been signed below by the following persons on behalf of the
registrant and in the capacities and on the dates indicated.



Date:  April 14, 2008        LAS PALMAS MOBILE ESTATES



                             By: /s/ DIANA L. HASSAN
                                 _____________________________________
                                     Diana L. Hassan
                                     President and Director


                             By: /s/ DIANA L. HASSAN
                                 _____________________________________
                                     Diana L. Hassan
                                     Secretary, Treasurer and Director


                             By: /s/ DIANA L. HASSAN
                                 _____________________________________
                                     Diana L. Hassan
                                     Director


                                      33.