UNITED
STATES
 SECURITIES
AND EXCHANGE COMMISSION
 Washington,
D.C. 20549
  
 FORM
10-Q
 
 x
              QUARTERLY
      REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF
      1934:  For the quarterly period ended March 31,
  2009
  o
              TRANSITION
      REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF
      1934:  For the transition period from
  ____to____
  Commission
File Number: 333-146478
  International
Vineyard, Inc.
 (Exact
name of small business issuer as specified in its charter)
 
 Delaware
              20-8820679(State
      or other jurisdiction
                of
      incorporation or organization)
              (I.R.S.
      Employer
                Identification
      No.)
 
 35502 Camino
      Capistrano Dana Point, California 92624(Address
      of principal executive offices)
 
 (949)
      276-4729(Issuer’s
      Telephone Number)
 
 Indicate
by check mark whether the issuer (1) has filed all reports required to be filed
by Section 13 or 15(d) of the Exchange Act during the past 12 months (or for
such shorter period that the registrant was required to file such reports), and
(2) has been subject to such filing requirements for the past 90
days. xYes  oNo
  Indicate
by check mark whether the registrant has submitted electronically and posted on
its corporate Web site, if any, every Interactive Data File required to be
submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this
chapter) during the preceding 12 months (or for such shorter period that the
registrant was required to submit and post such files). oYes  oNo
 
 Indicate
by check mark whether the registrant is a large accelerated file, an accelerated
filer, a non-accelerated filer, or a smaller reporting company. See the
definitions of "large accelerated filer," "accelerated filer" and "smaller
reporting company" in Rule 12b-2 of the Exchange Act.
  Large
      accelerated filer o
              Accelerated
      filer oNon-accelerated
      filer   o       (Do
      not check if a smaller reporting company)
              Smaller
      reporting company x
  Indicate
by check mark whether the registrant is a shell company (as defined in Rule
12b-2 of the Exchange Act). xYes  oNo
 
 As of May
11, 2009, there were 9,224,375 shares of the issuer’s $.001 par value common
stock issued and outstanding.
  1
  PART
I - FINANCIAL INFORMATION
 
 Item 1.  Financial
Statements
   INTERNATIONAL
      VINEYARD, INC.(A
      DEVELOPMENT STAGE COMPANY)CONDENSED
      BALANCE SHEETSMarch
      31,
                
                
                December
      31,2009
                
                
                2008(Unaudited)
                
                
                (Audited)ASSETSCurrent
      assets:Cash
      and cash equivalents
                
                $
                14,179
                
                
                $
                23,199Total
      current assets
                
                
                14,179
                
                
                
                23,199Property and equipment,
      net of accumulated depreciation
                
                
                776
                
                
                
                931Other
      assets
                
                
                1,000
                
                
                
                1,000Total
      assets
                
                $
                15,955
                
                
                $
                25,130LIABILITIES
      AND STOCKHOLDERS' EQUITY (DEFICIT)Current
      liabilities:Accounts
      payable and accrued expenses
                
                $
                32,681
                
                
                $
                14,640Total
      current liabilities
                
                
                32,681
                
                
                
                14,640Stockholders'
      equity (deficit):Preferred
      stock, $0.001 par value;5,000,000
      shares authorized; 0 shares issuedand
      outstanding at March 31, 2009 and December 31, 2008
                
                
                -
                
                
                
                -Common
      stock, $0.001 par value;50,000,000
      shares authorized; 9,224,375 shares issuedand
      outstanding at March 31, 2009 and December 31, 2008
                
                
                9,224
                
                
                
                9,224Additional
      paid-in capital
                
                
                101,926
                
                
                
                101,926Deficit
      accumulated during the development stage
                
                
                (127,876
                )
                
                
                (100,660
                )Total
      stockholders' equity (deficit)
                
                
                (16,726
                )
                
                
                10,490Total
      liabilities and stockholders' equity (deficit)
                
                $
                15,955
                
                
                $
                25,130
   The
accompanying notes are an integral part of these financial
statements.
  2
  INTERNATIONAL
      VINEYARD, INC.(A
      DEVELOPMENT STAGE COMPANY)CONDENSED
      STATEMENTS OF OPERATIONSFor the three
                
                
                
                
                
                For
      the periodmonths
                
                
                
                
                
                April
      2, 2007ended
                
                
                
                
                
                (inception)
      toMarch
      31,
                
                
                
                
                
                March
      31,2009
                
                
                2008
                
                
                2009(Unaudited)
                
                
                (Unaudited)
                
                
                (Unaudited)Net
      revenue
                
                $
                -
                
                
                $
                -
                
                
                $
                -Cost
      of revenue
                
                
                -
                
                
                
                -
                
                
                
                -Gross
      profit
                
                
                -
                
                
                
                -
                
                
                
                -General
      and administrative expensesLegal  and
      professional fees
                
                
                23,144
                
                
                
                4,885
                
                
                
                83,297Rent
                
                
                2,400
                
                
                
                
                
                
                
                19,916Licenses
      and fees
                
                
                696
                
                
                
                2,818
                
                
                
                11,195Office
      expense
                
                
                21
                
                
                
                543
                
                
                
                1,145Meals
      and entertainment
                
                
                -
                
                
                
                596
                
                
                
                9,070Other
      general and administrative expenses
                
                
                155
                
                
                
                3,458
                
                
                
                1,653Total
      general and administrative expenses
                
                
                26,416
                
                
                
                12,300
                
                
                
                126,276Loss
      before income taxes
                
                
                (26,416
                )
                
                
                (12,300
                )
                
                
                (126,276
                )Provision
      for income taxes
                
                
                (800
                )
                
                
                (800
                )
                
                
                (1,600
                )Net
      loss
                
                $
                (27,216
                )
                
                $
                (11,500
                )
                
                $
                (127,876
                )Basic
      and diluted earnings (loss) per share
                
                $
                -
                
                
                $
                -Weighted
      average common shares outstanding
                
                
                9,224,375
                
                
                
                9,224,375
   The
accompanying notes are an integral part of these financial
statements.
  3
  INTERNATIONAL
      VINEYARD, INC.(A
      DEVELOPMENT STAGE COMPANY)CONDENSED
      STATEMENTS OF CASH FLOWSFor
      the periodApril
      2, 2007For
      the three monthsended March
      31,
                
                
                (inception)
      toMarch
      31,2009
                
                
                2008
                
                
                2009(Unaudited)
                
                
                (Unaudited)
                
                
                (Unaudited)Cash
      flows from operating activitiesNet
      loss
                
                $
                (27,216
                )
                
                $
                (11,500
                )
                
                $
                (127,876
                )Adjustments
      to reconcile net loss to net cash used in operating
      activities:Additional
      paid-in capital in exchange for facilities providedby
      related party
                
                
                -
                
                
                
                -
                
                
                
                2,400Depreciation
                
                
                155
                
                
                
                155
                
                
                
                1,085Changes
      in operating assets and liabilities:Prepaid
      expenses
                
                
                -
                
                
                
                1,058
                
                
                
                -Other
      assets
                
                
                -
                
                
                
                -
                
                
                
                (1,000
                )Accounts
      payable and accrued expenses
                
                
                18,041
                
                
                
                6,615
                
                
                
                32,681Net
      cash used in operating activities
                
                
                (9,020
                )
                
                
                (3,672
                )
                
                
                (92,710
                )Cash
      flows from investing activitiesPurchase
      of fixed assets
                
                
                -
                
                
                
                -
                
                
                
                (1,861
                )Net
      cash used in investing activities
                
                
                -
                
                
                
                -
                
                
                
                (1,861
                )Cash
      flows from financing activitiesProceeds
      from issuance of common stock
                
                
                -
                
                
                
                -
                
                
                
                113,750Costs
      incurred in private placement offering
                
                
                -
                
                
                
                -
                
                
                
                (5,000
                )Net
      cash provided by financing activities
                
                
                -
                
                
                
                -
                
                
                
                108,750Net
      (decrease) increase in cash and cash equivalents
                
                
                (9,020
                )
                
                
                (3,672
                )
                
                
                14,179Cash and cash
      equivalents, beginning of period
                
                
                23,199
                
                
                
                65,281
                
                
                
                -Cash and cash
      equivalents, end of period
                
                $
                14,179
                
                
                $
                61,609
                
                
                $
                14,179Supplemental
      disclosure of cash flow informationIncome
      taxes paid
                
                $
                800
                
                
                $
                800
                
                
                $
                1,600Interest
      paid
                
                $
                -
                
                
                $
                -
                
                
                $
                -
   The
accompanying notes are an integral part of these financial
statements.
  4
  INTERNATIONAL
VINEYARD, INC.
 (A
DEVELOPMENT STAGE COMPANY)
 NOTES
TO CONDENSED FINANCIAL STATEMENTS
   (1)
                NATURE
      OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING
  POLICIES
 
 NATURE OF
BUSINESS
  The
Company is currently a development stage company under the provisions of
Statement of Financial Accounting Standards ("SFAS") No. 7 and was incorporated
under the laws of the State of Delaware on April 2, 2007.  The Company
is developing a wholesale and distribution business that specializes in
providing French and California sourced wines, via several company-owned
brands, to the Chinese market.  In May 2007, the Company received it
license to operate as a distributor from the California Department of Alcoholic
Beverage Control.  As of March 31, 2009, the Company has not reported
any revenue and will continue to report as a development stage company until
significant revenues are produced.
  On May 8,
2009, the Company became a majority owned subsidiary of CJM Strategies,
LLC.
 INTERIM
FINANCIAL STATEMENTS
 
 The
accompanying unaudited condensed financial statements have been prepared in
accordance with accounting principles generally accepted in the United States of
America for interim financial information and pursuant to the rules and
regulations of the Securities and Exchange Commission.  Certain
information and footnote disclosures normally included in annual financial
statements prepared in accordance with accounting principles generally accepted
in the United States of America have been omitted pursuant to such rules and
regulations.
 
 In the
opinion of management, all adjustments, consisting of normal and recurring
adjustments, necessary for a fair presentation of the financial position and the
results of operations for the periods presented have been
included.  The operating results of the Company on a quarterly basis
may not be indicative of operating results for the full year.  For
further information, refer to the financial statements and notes included in
International Vineyard, Inc.’s Form 10-K for the year ended December 31,
2008.
 
 BASIS OF
PRESENTATION AND GOING CONCERN
 
 The
accompanying condensed financial statements have been prepared in conformity
with accounting principles generally accepted in the United States of America,
which contemplate continuation of the Company as a going concern.  The
Company has incurred net losses since inception, and as of March 31, 2009, had
an accumulated deficit of $127,876. These conditions raise substantial doubt as
to the Company's ability to continue as a going concern. These financial
statements do not include any adjustments that might result from the outcome of
this uncertainty. These financial statements do not include any adjustments
relating to the recoverability and classification of recorded asset amounts, or
amounts and classification of liabilities that might be necessary should the
Company be unable to continue as a going concern.
  Management
recognizes that the Company must generate additional resources to enable it to
continue operations. Management intends to raise additional financing through
debt financing and equity financing or through other means that it deems
necessary, with a view to moving forward and sustaining a prolonged growth in
its strategy phases. However, no assurance can be given that the Company will be
successful in raising additional capital. Further, even if the company raises
additional capital, there can be no assurance that the Company will achieve
profitability or positive cash flow. If management is unable to raise additional
capital and expected significant revenues do not result in positive cash flow,
the Company will not be able to meet its obligations and may have to cease
operations.
  5
 INTERNATIONAL
VINEYARD, INC.
 (A
DEVELOPMENT STAGE COMPANY)
 NOTES
TO CONDENSED FINANCIAL STATEMENTS
 USE OF
ESTIMATES
  The
preparation of financial statements in conformity with accounting principles
generally accepted in the United States of America 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 reported periods. Actual results could materially differ from those
estimates.
 
 CASH AND
CASH EQUIVALENTS
 
 The
Company considers all highly liquid debt instruments and other short-term
investments with a maturity of three months or less, when purchased, to be cash
equivalents.
 
 The
Company maintains cash and cash equivalent balances at two financial
institutions that are insured by the Federal Deposit Insurance Corporation up to
$250,000.
 
 PROPERTY
AND EQUIPMENT
 
 Property
and equipment are stated at cost less accumulated depreciation and amortization.
Depreciation and amortization are calculated using the straight-line method and
with useful lives used in computing depreciation ranging from 3 to 5
years.  When property and equipment are retired or otherwise disposed
of, the related cost and accumulated depreciation are removed from the
respective accounts, and any gain or loss is included in operations.
Expenditures for maintenance and repairs are charged to operations as incurred;
additions, renewals and betterments are capitalized.
 
 LONG-LIVED
ASSETS
 
 The
Company accounts for its long-lived assets in accordance with SFAS No. 144,
"Accounting for the Impairment or Disposal of Long-Lived
Assets."  SFAS No. 144 requires that long-lived assets be reviewed for
impairment whenever events or changes in circumstances indicate that the
historical cost carrying value of an asset may no longer be appropriate. The
Company assesses recoverability of the carrying value of an asset by estimating
the future net cash flows expected to result from the asset, including eventual
disposition. If the future net cash flows are less than the carrying value of
the asset, an impairment loss is recorded equal to the difference between the
asset's carrying value and fair value or disposable value. As of March 31, 2009,
the Company did not deem any of its long-term assets to be
impaired.
  BASIC AND
DILUTED INCOME (LOSS) PER SHARE
 
 In
accordance with SFAS No. 128, "Earnings Per Share," basic income (loss) per
common share is computed by dividing net income (loss) available to common
stockholders by the weighted average number of common shares outstanding.
Diluted income (loss) per common share is computed similar to basic income per
common share except that the denominator is increased to include the number of
additional common shares that would have been outstanding if the potential
common shares had been issued and if the additional common shares were dilutive.
As of March 31, 2009, the Company did not have any equity or debt instruments
outstanding that can be converted into common stock.
  6
 INTERNATIONAL
VINEYARD, INC.
 (A
DEVELOPMENT STAGE COMPANY)
 NOTES
TO CONDENSED FINANCIAL STATEMENTS
 PROVISION
FOR INCOME TAXES
 
 The
Company accounts for income taxes under SFAS 109, "Accounting for Income Taxes."
Under the asset and liability method of SFAS 109, deferred tax assets and
liabilities are recognized for the future tax consequences attributable to
differences between the financial statements carrying amounts of existing assets
and liabilities and their respective tax bases. Deferred tax assets and
liabilities are measured using enacted tax rates expected to apply to taxable
income in the years in which those temporary differences are expected to be
recovered or settled. Under SFAS 109, the effect on deferred tax assets and
liabilities of a change in tax rates is recognized in income in the period the
enactment occurs. A valuation allowance is provided for certain deferred tax
assets if it is more likely than not that the Company will not realize tax
assets through future operations.
 
 FAIR
VALUE OF FINANCIAL INSTRUMENTS
 
 Pursuant
to SFAS No. 107, “Disclosures About Fair Value of Financial Instruments”, the
Company is required to estimate the fair value of all financial instruments
included on its balance sheet as of March 31, 2009. The Company considers the
carrying value of such amounts in the financial statements to approximate their
fair value.
  REVENUE
RECOGNITION
 
 The
Company has not generated any income since its inception.
 
 RECENTLY
ADOPTED ACCOUNTING PRONOUNCEMENTS
 
 SFAS No. 161 - In
March 2008, the FASB issued Statement No. 161, Disclosures about Derivative
Instruments and Hedging Activities—an amendment of FASB Statement No. 133. This
Statement changes the disclosure requirements for derivative instruments and
hedging activities. Entities are required to provide enhanced disclosures about
(a) how and why an entity uses derivative instruments, (b) how derivative
instruments and related hedged items are accounted for under Statement 133 and
its related interpretations, and (c) how derivative instruments and related
hedged items affect an entity’s financial position, financial performance, and
cash flows.
  This
Statement is intended to enhance the current disclosure framework in Statement
133. The Statement requires that objectives for using derivative instruments be
disclosed in terms of underlying risk and accounting designation. This
disclosure better conveys the purpose of derivative use in terms of the risks
that the entity is intending to manage. Disclosing the fair values of derivative
instruments and their gains and losses in a tabular format should provide a more
complete picture of the location in an entity’s financial statements of both the
derivative positions existing at period end and the effect of using derivatives
during the reporting period. Disclosing information about credit-risk-related
contingent features should provide information on the potential effect on an
entity’s liquidity from using derivatives. Finally, this Statement requires
cross-referencing within the footnotes, which should help users of financial
statements locate important information about derivative
instruments.
  7
 INTERNATIONAL
VINEYARD, INC.
 (A
DEVELOPMENT STAGE COMPANY)
 NOTES
TO CONDENSED FINANCIAL STATEMENTS
 This
Statement is effective for financial statements issued for fiscal years and
interim periods beginning after November 15, 2008, with early application
encouraged. This Statement encourages, but does not require, comparative
disclosures for earlier periods at initial adoption.
 The
adoption of SFAS No 160 has not had a significant impact on our financial
statements.
 
 FASB issued Staff Position
No. 142-3 - In April 2008, the FASB issued Staff Position
No. 142-3, “Determination of the Useful Life of Intangible Assets” (“FSP
142-3”). FSP 142-3 amends the factors that should be considered in developing
renewal or extension assumptions used to determine the useful life of a
recognized intangible asset under FASB Statement of Financial Accounting
Standards No. 142, “Goodwill and Other Intangible Assets”. FSP 142-3 is
effective for the Company in the first quarter of 2009. The adoption of FSP
142-3 has not had a significant impact on our financial statements.
  FASB issued Staff Position
No. EITF 03-6-1 - In June 2008, the FASB issued Staff Position
No. EITF 03-6-1, “Determining Whether Instruments Granted in Share-Based
Payment Transactions Are Participating Securities” (“EITF 03-6-1”). EITF 03-6-1
addresses whether instruments granted in share-based payment transactions are
participating securities prior to vesting, and therefore, need to be included in
the earnings allocation in calculating earnings per share under the two-class
method described in FASB Statement of Financial Accounting Standards
No. 128, “Earnings per Share.” EITF 03-6-1 requires companies to treat
unvested share-based payment awards that have non-forfeitable rights to dividend
or dividend equivalents as a separate class of securities in calculating
earnings per share. EITF 03-6-1 is effective for fiscal years beginning after
December 15, 2008. EITF 03-6-1 is effective for the Company in the first
quarter of 2009. The adoption of EITF 03-6-1 has not had a significant impact on
our financial statements
 
 SFAS No.
157- The Company adopted
in the first quarter of fiscal 2009, the Statement of Financial Accounting
Standards No. 157, Fair Value Measurements, (“SFAS No. 157”) for all
financial assets and financial liabilities and for all non-financial assets and
non-financial liabilities recognized or disclosed at fair value in the financial
statements on a recurring basis (at least annually). SFAS No. 157 defines
fair value, establishes a framework for measuring fair value, and enhances fair
value measurement disclosure.The effect on the Company’s periodic fair
value measurements for financial and non-financial assets and liabilities was
not material.
  In
October 2008, the Financial Accounting Standards Board (“FASB”) issued
Financial Staff Position 157-3, Determining the Fair Value of a Financial Asset
When the Market for That Asset Is Not Active, (“FSP 157-3”). FSP 157-3 clarifies
the application of SFAS No. 157 in a market that is not active, and
addresses application issues such as the use of internal assumptions when
relevant observable data does not exist, the use of observable market
information when the market is not active, and the use of market quotes when
assessing the relevance of observable and unobservable data. FSP 157-3 is
effective for all periods presented in accordance with SFAS No. 157. The
adoption of FSP 157-3 did not have a significant impact on our financial
statements or the fair values of our financial assets and
liabilities.
  8
 INTERNATIONAL
VINEYARD, INC.
 (A
DEVELOPMENT STAGE COMPANY)
 NOTES
TO CONDENSED FINANCIAL STATEMENTS
 In
December 2008, the FASB issued Financial Staff Position (“FSP”) Financial
Accounting Standard No. 140-4 and FASB Interpretation 46(R)-8, Disclosures
by Public Entities (Enterprises) about Transfers of Financial Assets and
Interests in Variable Interest Entities (“FSP FAS 140-4” and “FIN
46(R)-8”). The document increases disclosure requirements for public companies
and is effective for reporting periods (interim and annual) that end after
December 15, 2008. FSP FAS 140-4 and FIN 46(R)-8 became effective
for us on December 31, 2008. The adoption of FSP FAS 140-4 and
FIN 46(R)-8 did not have a significant impact on our financial
statements.
 
 December
2007, the Financial Accounting Standards Board issued Emerging Issues Task Force
(EITF) Issue No. 07-1, Accounting for Collaborative Arrangements, which
applies to collaborative arrangements that are conducted by the participants
without the creation of a separate legal entity for the arrangement and
clarifies, among other things, how to determine whether a collaborative
arrangement is within the scope of this issue. EITF Issue No. 07-1 is
effective for financial statements issued for fiscal years beginning after
December 15, 2008. The adoption of EITF Issue No. 07-1 did not have a
significant impact on our financial statements.
  (2)
                PROPERTY
      AND EQUIPMENT
  A summary
as of March 31, 2009, is as follows:
 Computer
      equipment
                
                $
                1,861Less
      accumulated depreciation
                
                
                (1,085
                )$
                776
 
 The
computer equipment is being depreciated on a straight-line basis over its
estimated useful life of 3 years.  Depreciation expense amounted to
$155 and $155 for three months ended March 31, 2009 and 2008,
respectively.
  (3)
                STOCKHOLDERS'
      EQUITY (DEFICIT)
 
 The
Company is authorized to issue up to 50,000,000 shares of $0.001 par value
common stock and 5,000,000 shares of $0.001 par value preferred
stock.  Each share of common stock shall entitle the holder to one
vote, in person or by proxy, on any matter on which action of the stockholders
of this corporation is sought.  The holders of shares of preferred
stock shall have no right to vote such shares, with certain exceptions as
determined by the Board of Directors.
 
 In April
2007, the Company issued 7,900,000 shares of its common stock to its founders at
$.001 per share for an aggregate total of $7,900.
 
 In June
2007, the Company performed a private placement and issued 1,324,375 shares of
common stock at $0.08 per share for an aggregate total of $105,850.
 
 In
October 2007, the Company submitted its Registration Statement on Form SB-2 for
the registration of 1,524,375 shares of its outstanding common
stock.  On October 15, 2007, the Company’s registration statement was
declared effective by the Securities and Exchange Commission.
 9
 INTERNATIONAL
VINEYARD, INC.
 (A
DEVELOPMENT STAGE COMPANY)
 NOTES
TO CONDENSED FINANCIAL STATEMENTS
 
 
 (4)
                PROVISION
      FOR INCOME TAXES
 
 As of
March 31, 2009, the Company reported an estimated federal net operating loss
carryforward of approximately $115,000 that can be used to offset future federal
income tax.  The federal net operating loss carryforward expires in
2029.  Deferred tax assets resulting from the net operating losses are
reduced by a valuation allowance, when, in the opinion of management,
utilization is not reasonably assured.
 
 As of
March 31, 2009, the Company had the following deferred tax assets that related
to its net operating losses.  A 100% valuation allowance has been
established as management believes it more likely than not that the deferred tax
assets will not be realized:
  Federal
      loss carryforward (@ 34%)
                
                $
                39,100Less:
      valuation allowance
                
                
                (39,100
                )Net
      deferred tax asset
                
                $
                -
 
 The
Company’s valuation allowance increased by $6,800 for the three months ended
March 31, 2009.
  (5)
                FAIR
      VALUE MEASUREMENTS
 
 The
Company’s financial instruments include cash.  Due to the short-term
nature, its book value approximates its fair value.
  (6)
                RELATED-PARTY
      TRANSACTIONS
 
 From the
Company’s inception through March 31, 2009, the Company utilized the office of a
founder who is also an officer and shareholder of the Company. Through June
2007, the Company did not pay any rent and treated the usage of the office as if
it were being donated. It charged the estimated fair value rent of $800 per
month to operations. Commencing July 2007 through March 31, 2009, the Company
paid its pro rata share of the office rent ranging from $800 to $1,058 a
month.  Total rent charged to operations amounted to $2,400 and $3,116
for the three months ended March 31, 2009 and 2008, respectively.
 10
  Item 2.  Plan of
Operation
 
 This
following information specifies certain forward-looking statements of management
of the company. Forward-looking statements are statements that estimate the
happening of future events and are not based on historical fact. Forward-looking
statements may be identified by the use of forward-looking terminology, such as
“may”, “shall”, “could”, “expect”, “estimate”, “anticipate”, “predict”,
“probable”, “possible”, “should”, “continue”, or similar terms, variations of
those terms or the negative of those terms. The forward-looking statements
specified in the following information have been compiled by our management on
the basis of assumptions made by management and considered by management to be
reasonable. Our future operating results, however, are impossible to predict and
no representation, guaranty, or warranty is to be inferred from those
forward-looking statements.
 
 The
assumptions used for purposes of the forward-looking statements specified in the
following information represent estimates of future events and are subject to
uncertainty as to possible changes in economic, legislative, industry, and other
circumstances. As a result, the identification and interpretation of data and
other information and their use in developing and selecting assumptions from and
among reasonable alternatives require the exercise of judgment. To the extent
that the assumed events do not occur, the outcome may vary substantially from
anticipated or projected results, and, accordingly, no opinion is expressed on
the achievability of those forward-looking statements. We cannot guaranty that
any of the assumptions relating to the forward-looking statements specified in
the following information are accurate, and we assume no obligation to update
any such forward-looking statements.
 
 Critical Accounting Policies and
Estimates.Our Management’s Discussion and Analysis of Financial
Condition and Results of Operations section discusses our financial statements,
which have been prepared in accordance with accounting principles generally
accepted in the United States of America. The preparation of these financial
statements requires management to make estimates and assumptions that affect the
reported amounts of assets and liabilities at the date of the financial
statements and the reported amounts of revenues and expenses during the
reporting period. On an on-going basis, management evaluates its estimates and
judgments, including those related to revenue recognition, accrued expenses,
financing operations, and contingencies and litigation. Management bases its
estimates and judgments on historical experience and on various other factors
that are believed to be reasonable under the circumstances, the results of which
form the basis for making judgments about the carrying value of assets and
liabilities that are not readily apparent from other sources. Actual results may
differ from these estimates under different assumptions or conditions. The most
significant accounting estimates inherent in the preparation of our financial
statements include estimates as to the appropriate carrying value of certain
assets and liabilities which are not readily apparent from other
sources.
 
 These
accounting policies are described at relevant sections in this discussion and
analysis and in the notes to the financial statements included in our Quarterly
Report on Form 10-Q for the period ended March 31, 2009.
 
 Liquidity and Capital
Resources. We had cash and cash equivalents of $14,179 as of March 31,
2009, which also equaled our total current assets.   As of March
31, 2009, we also had $776 in property and equipment, net of accumulated
depreciation, and other assets of $1,000 making our total assets $15,955 as of
March 31, 2009.  In September 2007, we raised $105,950 in a private
placement in exchange for 1,324,375 shares of our common stock, or $0.08 per
share. In April 2007, we raised $7,900 in a private placement in exchange for
7,900,000 shares of our common stock, $0.001 per share. We have used those
proceeds to pay for the development of our wines, professional fees and working
capital.
 
 As of
March 31, 2009, we had liabilities of $32,681, all of which were represented by
accounts payable and accrued expenses. During 2009, we expect that the legal and
accounting costs of being a public company will continue to impact our liquidity
and we may need to obtain funds to pay those expenses. Other than the
anticipated increases in legal and accounting costs due to the reporting
requirements of being a reporting company, we are not aware of any other known
trends, events or uncertainties, which may affect our future
liquidity.
  11
  In
October 2007, we filed a Registration Statement on Form SB-2 (“Registration
Statement”) for the registration of 1,524,375 shares of our outstanding common
stock.  On October 15, 2007, our Registration Statement was declared
effective by the Securities and Exchange Commission.  The purpose of
the SB-2 was to register shares of common stock held by our existing
shareholders. On December 10, 2008, we filed a post effective amendment to the
Registration Statement on Form S-1. On January 14, 2009, the post effective
amendment to the Registration Statement was declared effective by the Securities
and Exchange Commission.
  For the three months ended
March 31, 2009.
 
 Results of
Operations.
 
 Revenues.We had no
revenue for the three months ended March 31, 2009.
 
 Operating Expenses and Net Loss.Our general and administrative expenses were $26,416 for the three months
ended March 31, 2009, as compared to general and administrative expenses of
$12,300 for the three months ended March 31, 2008. The increase between the two
periods is due to increased legal and professional fees in connection with the
preparation of effective amendments to the Registration Statement, as discussed
above. Our net loss was $27,216 for the three months ended March 31, 2009, as
compared a net loss of $11,500 for the three months ended March 31,
2008.
 
 Our Plan of Operation for the Next
Twelve Months.  To effectuate our business plan during the next
twelve months, we must continue to develop our wine products and begin selling
the wines. We are currently marketing our wines to distributors in China. We
believe that we will need to spend approximately $10,000 to market our
wines.
  We had
cash of $14,179 as of March 31, 2009. In the opinion of management, available
funds will satisfy our working capital requirements for the next twelve months.
Our forecast for the period for which our financial resources will be adequate
to support our operations involves risks and uncertainties and actual results
could fail as a result of a number of factors.  In the event that we
experience a shortfall in our capital, we intend to pursue capital through
public or private financing as well as borrowings and other sources, such as our
officers, director and principal shareholders. We cannot guaranty that
additional funding will be available on favorable terms, if at all. If adequate
funds are not available, we hope that our officers, director and principal
shareholders will contribute funds to pay for our expenses to achieve our
objectives over the next twelve months. However, our officers, director and
principal shareholders are not committed to contribute funds to pay for our
expenses.
 
 To date,
we have experienced significant difficulties in generating revenues and raising
additional capital.  We believe our inability to raise significant
additional capital through debt or equity financings is due to various factors,
including, but not limited to, the current turmoil in the equity and credit
markets. We had hoped to commence selling our wines during the last six months.
However, our ability to sell our products and expand our operations has been
negatively affected by our inability to raise significant capital and our
inability to generate significant revenues.
 
 We also
intend to explore acquiring smaller companies with complementary businesses.
Accordingly, over the next six months, we intend to research potential
opportunities for us to acquire smaller companies with complementary businesses
to our business and other companies that may be interested in being acquired by
us or entering into a joint venture agreement with us. As of the date of this
report, we have not identified any potential acquisition or joint venture
candidates. We cannot guaranty that we will acquire or enter into any joint
venture with any third party, or that in the event that we acquire another
entity, this acquisition will increase the value of our common stock. We hope to
use our common stock as payment for any potential acquisitions.
 
 We are
not currently conducting any research and development activities. We do not
anticipate that we will purchase or sell any significant equipment. In the event
that we generate significant revenues and expand our operations, then we may
need to hire additional employees or independent contractors as well as purchase
or lease additional equipment.
  Because
we have limited operations and assets, we may be considered a shell company as
defined in Rule 12b-2 of the Securities Exchange Act of 1934. Accordingly, we
have checked the box on the cover page of this report that specifies we are a
shell company.
 
 Off-Balance Sheet Arrangements.We have no off-balance sheet arrangements.
  12
  Item 3. Quantitative and
Qualitative Disclosures about Market Risk
  Not
applicable.
  Item 4. Controls and
Procedures
 
 Evaluation of disclosure controls and
procedures. We maintain controls and procedures designed to ensure that
information required to be disclosed in the reports that we file or submit under
the Securities Exchange Act of 1934 is recorded, processed, summarized and
reported within the time periods specified in the rules and forms of the
Securities and Exchange Commission. Based upon their evaluation of those
controls and procedures performed as of March 31, 2009, the date of this report,
our chief executive officer and the principal financial officer concluded that
our disclosure controls and procedures were effective.
 
 Item 4(T). Controls and
Procedures.
 
 Changes in internal controls.There were no changes in our internal control over financial reporting
that occurred during the fiscal quarter covered by this report that have
materially affected, or are reasonably likely to materially affect, our internal
control over financial reporting.
   PART
II — OTHER INFORMATION
  Item 1. Legal
Proceedings.
 
 None.
 
 Item 1A. Risk
Factors.
 
 Not
applicable.
 
 Item 2. Unregistered Sales
of Equity Securities and Use of Proceeds.
 
 None.
 
 Item 3.  Defaults
Upon Senior Securities
 
 None.
 
 Item
4.  Submission of Matters to Vote of Security
Holders
 
 None.
  Item 5.  Other
Information
 
 Events
subsequent to the reporting period ended March 31, 2009 and reportable on Form
8-K are reported herewith:
  13
  Item
5.01 Changes in Control of Registrant
 
 Share
Purchase Transactions. On May 8, 2009, CJM Strategies, LLC (“CJM”)
purchased 1,500,000 shares of our common stock, from each of the following
individuals: Keith Bootow, our President, Secretary and a director, Robert
DeMate, our Chief Financial Officer and a director, Michael Speakman, Brian
Bootow and Michael T. Leake. In the aggregate, CJM purchased a total of
7,500,000 shares of common stock from those individuals for an aggregate
consideration of approximately $45,688. The source of funding for the purchase
of those shares was CJM's working capital. Prior to the purchase of those
7,500,000 shares, CJM owned 1,256,250 shares of our common stock as a result of
certain share purchase transactions that occurred in April 2009. CJM therefore
owns an aggregate of 8,756,250, shares of our common stock, or 94.92% of our
issued and outstanding common stock as a result of the completion of the share
purchase transactions. As a consequence thereof, we experienced a change in
control and CJM will have voting control of us. There are no arrangements of
understandings among members of both the former and new control groups and their
associates with respect to election of directors or other matters.
 
 In
connection with the change in control and because we were a shell company
immediately before the change in control, we are required to file the
information that would be required if we were filing a general form for
registration of securities on Form 10.  We have filed Form 10-type
information in our Annual Report on Form 10-K, which was filed with the
Commission on April 3, 2009, and such information is hereby incorporated by
reference. We intend to continue our current business.
 
 Security
Ownership of Certain Beneficial Owners and Management.
  The
following table sets forth certain information regarding the beneficial
ownership of our common stock as of May 9, 2009, by each person or entity known
by us to be the beneficial owner of more than 5% of the outstanding shares of
common stock, each of our directors and named executive officers, and all of our
directors and executive officers as a group.
 Title
      of Class
                
                Name
      and Address of Beneficial Owner
                
                Amount
      and Nature of Beneficial Owner
                
                Percent
      of ClassCommon
      Stock
                
                Robert
      DeMate
                  35502
      Camino Capistrano
                  Dana
      Point, California 92624
                
                no
      shares, President,Secretary,
                  CFO
      and director
                
                0%Common
      Stock
                
                CJM
      Strategies, LLC (1)
                  500
      Newport Center Drive, Suite 950
                  Newport
      Beach, California 92660
                
                8,756,250
      shares
                
                94.92%Common
      Stock
                
                All
      directors and named executive officers as a group
                
                no
      shares
                
                0%
 (1) Monu
Joseph, the manager of CJM Strategies, LLC, has sole voting and investment
control over the securities held by CJM Strategies, LLC.
  Beneficial
ownership is determined in accordance with the rules of the Securities and
Exchange Commission and generally includes voting or investment power with
respect to securities.  In accordance with Securities and Exchange
Commission rules, shares of our common stock which may be acquired upon exercise
of stock options or warrants which are currently exercisable or which become
exercisable within 60 days of the date of the table are deemed beneficially
owned by the optionees. Subject to community property laws, where applicable,
the persons or entities named in the table above have sole voting and investment
power with respect to all shares of our common stock indicated as beneficially
owned by them.
 
 We are not aware of any
otherarrangements which may result in “changes in control” as that term
is defined by the provisions of Item 403 of Regulation S-K.
  Item
5.02 Departure of Directors or Principal Officers; Election of Directors;
Appointment of Principal Officers
 
 Departure
of Director and Principal Officer. On May 9, 2009, Keith Bootow resigned
his positions as our President, Secretary and as a director and our Board of
Directors accepted his resignation. Mr. Bootow’s resignation as President,
Secretary and a director is not the result of any disagreement with our
policies, practices or procedures.  Mr. Bootow’s resignation is
attached hereto as Exhibit 17.1.
 
 Appointment
of Principal Officer.On May 9, 2009, Robert DeMate, our Chief Financial
Officer and a director, was appointed as our President and
Secretary.  Mr. DeMate’s biographical information and compensation
arrangements are disclosed under Items 10 and 11 of our Annual Report on Form
10-K, which was filed with the Commission on April 3, 2009, and is hereby
incorporated by reference herein.
 14
 Item
6.  Exhibits
  Exhibit
      No.
              Description3.1
              Certificate
      of Incorporation*3.2
              Bylaws*17
              Resignation
      of Keith Bootow31.1
              Certification
      of Principal Executive Officer, pursuant to Rule 13a-14 and 15d-14 of
      the Securities Exchange Act of 1934
 31.2
              Certification
      of Principal Financial Officer, pursuant to Rule 13a-14 and 15d-14 of
      the Securities Exchange Act of 193432.1
              Certification
      of Principal Executive Officer, pursuant to 18 U.S.C. Section 1350,
      as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of
      2002
 32.2
              Certification
      of Principal Financial Officer, pursuant to 18 U.S.C. Section 1350,
      as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of
      2002
 *   Incorporated
by reference to our registration statement on Form SB-2 filed on October 3,
2007.
  15
 
 SIGNATURES
 
 In
accordance with the requirements of the Securities Exchange Act of 1934, the
registrant caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.
  International Vineyard,
      Inc.
                  a Delaware
      corporationMay
      11, 2009
                By:
                /s/ Robert
      DeMateRobert
      DeMate
                    President,
      Chief Financial Officer, Secretary, Director
                    (Principal,
      Executive, Financial and Accounting Officer)






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