| (x) | ANNUAL      REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES ACT OF      1934 |
|-----|----------------------------------------------------------------------------------------|

|   | For      the fiscal year ended :  August      31, 2009 |
|--------|------------------------------------------------------------------|

| (      ) | TRANSACTION      REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF      1934 |
|----------|-----------------------------------------------------------------------------------------------------|

|   | For      the transaction period from_____to______                                                             |
|--------|---------------------------------------------------------------------------------------------------------------|
|   | Commission      File      number:           333-108218 |

| STANFORD MANAGEMENT LTD.                               |
|--------------------------------------------------------|
| (Exact      name of registrant as specified incharter) |

| Delaware                                                          | 98-0413066                                |
|-------------------------------------------------------------------|-------------------------------------------|
| State      or other jurisdiction of incorporation or organization | (I.R.S.      Employee Identification No.) |

|              2431 M.      de la Cruz Street             Pasay City,      Philippines                                            |            |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------------|
|           (Address of      principal executive offices)                                                                                                                                                                                                                                                                                                                                                                                | (Zip      Code) |

|   |   |
|--------|--------|

|     Registrant’s      telephone number, including area      code:          011-632-813-1139 |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Securities      registered pursuant to section 12 (b) of the  Act: |
|--------|--------------------------------------------------------------------|

| Title of each share                                  | Name of each exchange on which      registered |
|------------------------------------------------------|------------------------------------------------|
|         None | None                                           |

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

| None                  |
|-----------------------|
| (Title      of Class) |

----

----

| PART 1          |                                                                                                                         | Page   |
|-----------------|------------------------------------------------------------------------------------------------------------------------------|--------|
|            |                                                                                                                         |   |
| ITEM      1.    | Business.                                                                                                                    | 4      |
|            |                                                                                                                         |   |
| ITEM      1A.   | Risk      Factors.                                                                                                           | 5      |
|            |                                                                                                                         |   |
| ITEM      1B.   | Unresolved      Staff Comments.                                                                                              | 8      |
|            |                                                                                                                         |   |
| ITEM      2.    | Properties.                                                                                                                  | 8      |
|            |                                                                                                                         |   |
| ITEM      3.    | Legal      Proceedings.                                                                                                      | 13     |
|            |                                                                                                                         |   |
| ITEM      4.    | Submission      of Matters to Vote of Securities Holders                                                                     | 13     |
|            |                                                                                                                         |   |
| PART II         |                                                                                                                         |   |
|            |                                                                                                                         |   |
| ITEM      5.    | Market      for Registrant’s Common Equity, Related Stockholder Matters and Issuer      Purchase of Equity Securities. | 13     |
|            |                                                                                                                         |   |
| ITEM      6     | Selected      Financial Information.                                                                                         | 13     |
|            |                                                                                                                         |   |
| ITEM      7.    | Management’s      Discussion and Analysis of Financial Conditions and Results of      Operations.                      | 14     |
|            |                                                                                                                         |   |
| ITEM      7A.   | Quantitative      and Qualitative Disclosure about Market Risk.                                                              | 17     |
|            |                                                                                                                         |   |
| ITEM      8.    | Financial      Statement and Supplementary Data.                                                                             | 17     |
|            |                                                                                                                         |   |
| ITEM      9.    | Changes      in and Disagreements with Accountants on Accounting and Financial      Disclosure.                              | 17     |
|            |                                                                                                                         |   |
| ITEM      9A    | Controls      and Procedures.                                                                                                | 18     |
|            |                                                                                                                         |   |
| ITEM      9A(T) | Controls      and Procedures                                                                                                 | 19     |
|            |                                                                                                                         |   |
| ITEM      9B    | Other      information                                                                                                       | 19     |
|            |                                                                                                                         |   |
| PART III        |                                                                                                                         |   |
|            |                                                                                                                         |   |
| ITEM      10.   | Directors,      Executive Officers and Corporate Governance.                                                                 | 19     |
|            |                                                                                                                         |   |
| ITEM      11.   | Executive      Compensation.                                                                                                 | 21     |
|            |                                                                                                                         |   |
| ITEM      12.   | Security      Ownership of Certain Beneficial Owners and Management and Related      Stockholder Matters.                    | 23     |
|            |                                                                                                                         |   |
| ITEM      13.   | Certain      Relationships and Related Transactions, and Director      Independence.                                         | 24     |
|            |                                                                                                                         |   |
| ITEM      14    | Principal      Accounting Fees and Services.                                                                                 | 25     |
|            |                                                                                                                         |   |
| PART IV         |                                                                                                                         |   |
|            |                                                                                                                         |   |
| ITEM      15.   | Exhibits,      Financial Statement Schedules                                                                                 | 25     |
|            |                                                                                                                         |   |
|            | SIGNATURES                                                                                                                   | 27     |

----

|   | ITEM      1.  BUSINESS |
|--------|----------------------------------|

----

| 1. | The      Company’s share price is subject to the Penny Stock Rule which results in      any broker-dealer involved in the Company’s shares having increased      administrative responsibilities which has a negative effect on both the      Company’s ability to raise funds and an investor’s ability to purchase or      sell his shares. |
|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | The      Company’s common stock is considered to be a “penny stock” because it      meets one or more of the definitions in SEC Rule  3a51-1: |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (i)    |   | it      has a price of less than five dollars per share;                                                                                                                                                                                                                                        |
|--------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   |                                                                                                                                                                                                                                                                                            |
| (ii)   |   | it      is not traded on a recognized national exchange;                                                                                                                                                                                                                                        |
|   |   |                                                                                                                                                                                                                                                                                            |
| (iii)  |   | it      is quoted on a National Association of Securities Dealers,      Inc.(“NASD”)      automated quotation system (NASDAQ) and has a price less than five dollars      per share; or                                                                                             |
|   |   |                                                                                                                                                                                                                                                                                            |
| (iv)   |   | is      issued by a company with net tangible assets of less that$2,000,000,      if in business more than three years continuously, or$5,000,000,      if the business is less than three years continuously, or with average      revenues of less than $6,000,000 for the past three  years. |

|   | A      broker-dealer has to undertake certain administrative functions required      when dealing in a penny stock transaction.   Disclosure      forms detailing the level of risk in acquiring the Company’s shares will      have to be sent to an interested investor, current bid and offer      quotations will have to be provided with an indication as to what      compensation the broker-dealer and the salesperson will be receiving from      this transaction and a monthly statement showing the closing month price      of the shares being held by the investor.   In addition,      the broker-dealer will have to receive from the investor a written      agreement consenting to the transaction.  This additional      administrative work might make the broker-dealer reluctant to participate      in the purchase and sale of the Company’s  shares. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 1. | The      Company has a limited operating history in which new investors can value      the performance of the Company, its management and its future      expectations. |
|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2. | The      Company has a lack of working capital which, unless obtained on acceptable      terms in the future, will inhibit its future growth    strategy. |
|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3. | The      Company has incurred losses since its inception and therefore has an      accumulated deficit which might inhibit the raising of additional      capital. |
|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Since      inception, the Company has incurred losses and has an accumulative deficit      of $340,716 as at August 31, 2009.  The Company has never      generated any revenue from its business activities and has no prospect of      generating any such revenue in the foreseeable      future.   Those factors are expected to negatively affect      the Company’s ability to raise funds from the public since there is no      certainty the Company will ever be able to make a  profit. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 4. | The      auditors have examined the financial statements based on the Company being      a going concern but have substantial doubt that it will be able to      continue as a going concern. |
|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | The      Company’s auditors, Madsen & Associates CPA’s Inc., in the audited      financial statements attached to its 10-K for the year ended August 31,      2009, has stated in their audit report the  following: |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | The      auditors are concerned that the Company, without any established source of      revenue and being dependent on its ability to raise capital from its      shareholders or other sources might not be able to sustain      operations.  If this is the case, the Company, without adequate      future funding, might not be able to continue as a going      concern.  This might result in the total loss of the investor’s      investment. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 5. | Absence      of cash dividends may affect a shareholder’s return on      investment. |
|----|--------------------------------------------------------------------------------------------|

| 6. | There      is an absence of recent exploration activities on the San Carlos other      than the preparation of a geological report containing an initial      exploration program. |
|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Since      its purchase on February 2, 2008, there has been no significant      exploration activity on the San Carlos, except for several properties      being drilled by junior mineral exploration companies west of the      claim.   The Company does not have sufficient funds to      under take the exploration program recommended by Jeffrey Manalastas,      Professional Geologist. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 7. | No      matter how much money is spent on exploring the San Carlos there may never      be an ore reserve found. |
|----|------------------------------------------------------------------------------------------------------------------|

----

| ITEM      2. | PROPERTIES |
|--------------|------------|

----

----

----

----

| Phase      I                                                                                                                  |            |         |
|-------------------------------------------------------------------------------------------------------------------------------|-----------------|--------------|
|                                                                                                                          | Philippine Paso | U. S. Dollar |
|                                                                                                                          |            |         |
| 1.    Geological      Mapping                                                                             | 321,420         | 6,996        |
|                                                                                                                          |            |         |
| 2.    Geophysical      Surveying                                                                          | 279,500         | 6,084        |
|                                                                                                                          |            |         |
|      TOTAL      PHASE I                                                                              | 600,920         | 13,080       |
|                                                                                                                          |            |         |
| Phase      II                                                                                                                 |            |         |
|                                                                                                                          |            |         |
| 1.    Geochemical      surveying and surface sampling (includes      sample collection and assaying) | 1,155,291       | 25,147       |
|                                                                                                                          |            |         |
|      TOTAL      EXPLORATION                                                                          | 1,756,211       | 38,227       |

----

| ITEM      3. | LEGAL      PROCEEDINGS |
|--------------|------------------------|

| ITEM      4. | SUBMISSION      OF MATTERS TO A VOTE OF SECURITIESHOLDERS |
|--------------|-----------------------------------------------------------|

|   | PART      II |
|--------|--------------|

|   | ITEM      5.  MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER      MATTERS AND ISSUER PURCHASE OF EQUITYSECURITIES |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------|

----

|                                               |  For      the year endedAugust 31, 2009                   | September      24, 1998(date      of incorporation) toAugust 31, 2009      |
|----------------------------------------------------|----------------------------------------------------------------|----------------------------------------------------------------------------|
|                                               |                                                           |                                                                       |
| Revenue                                            | $          - | $            - |
| Exploration      expenses                          | -                                                              | 25,940                                                                     |
| General      and Administration                    |   30,027                                             |  314,776                                                              |
| Net      loss                                      | (30,027)                                                       | (340,716)                                                                  |
|                                               |                                                           |                                                                       |
| Weighted      average shares outstanding (basic)   | 52,170,000                                                     |                                                                       |
| Weighted      average shares outstanding (diluted) | 52,170,000                                                     |                                                                       |
| Net      loss per share (basic)                    | $      (0.00)                                                  |                                                                       |
| Net      loss per share (diluted)                  | $      (0.00)                                                  |                                                                       |

| Cash      and cash equivalent             | $   2,621  |   |
|-------------------------------------------|--------------------------------|--------|
| Total      assets                         | 2,621                          |   |
| Total      liabilities                    | 149,287                        |   |
| Total      Shareholders’ deficiency |   $      (146,666)   |   |

|   | ITEM      7.   MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL      CONDITIONS AND RESULTS OF OPERATION |
|--------|--------------------------------------------------------------------------------------------------------------------------------|

| Expenditure                                                                     |   | Amount                                                                                |
|---------------------------------------------------------------------------------|--------|---------------------------------------------------------------------------------------|
|                                                                            |   |                                                                                  |
| Accounting      and audit                                                       | i      |          $  15,000             |
| Bank      charges and interest                                                  | ii     | 101                                                                                   |
| Edgarizing                                                                      | iii    | 1,200                                                                                 |
| Filing      fees and franchise taxes                                            | iv     | 260                                                                                   |
| Management      fees                                                            | v      |  6,000                                                                           |
| Office                                                                          | vi     | 385                                                                                   |
| Rent                                                                            | vii    | 4,200                                                                                 |
| Telephone                                                                       | viii   | 2,400                                                                                 |
| Transfer      agent's fees and interest                                         | ix     |     481                                                           |
|           Total      expenses |   |         $  30,027    |

----

|   | i. | The      Company has paid its auditors, Madsen & Associates CPA’s Inc, $1,000      for the review of the November 30, 2008 quarterly financial statements and      $500 for the six and nine months financial statements and has accrued      $2,500 for the August 31, 2009 audit.  The Company accrued      $1,250 each for the November 2008, February and May 31, 2009 for      preparation of working papers for filing with the various Form 10-Qs and      $1,750 for the year end working papers and financial      statements.  In addition to the above payments, there was an      under accrual of $5,000 for the prior year end examination by the former      independent accountants. |
|--------|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | ii. | Represents      bank charges incurred during theyear. |
|--------|-----|-------------------------------------------------------|

|   | iii. | Represents      the cost to edgarize certain documents required for filing with the      SEC. |
|--------|------|-----------------------------------------------------------------------------------------------|

|   | iv | The      Company paid this amount to maintain the Company in good standing in the      State of Delaware. |
|--------|----|-----------------------------------------------------------------------------------------------------------|

|   | v. | The      Company does not compensate its directors for the service they perform for      the Company since, at the present time, it does not have adequate funds to      do so.  Nevertheless, management realizes that it should give      recognition to the services performed by the directors and officers and      therefore has accrued $500 per month.  This amount has been      expensed in the current period with the offsetting credit being allocated      to "Capital in Excess of Par Value" on the balance sheet.  The      Company will not, in the future, be responsible for paying either cash or      shares in settling this accrual. |
|--------|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | vi. | Office      expenses of $385 comprised courier, faxing, photocopying and office      supplies during the year. |
|--------|-----|----------------------------------------------------------------------------------------------------------------|

|   | vii. | The      Company does not incur any rental expense since it uses the office of its      President.  Similar to management fees, rent expense should be      reflected as an operating expense.  Therefore, the Company has      accrued $350 per month as an expense with an offsetting credit to "Capital      in Excess of Par Value". |
|--------|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | viii | The      Company does not have its own telephone number but uses the telephone      number of its President.  Similar to management fees and rent,      the Company accrues an amount of $200 per month to represent the charges      for telephone with an offsetting entry to "Capital in Excess of Par      Value". |
|--------|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | xi. | Fees      paid to Holladay Stock Transfer for share issuance and other services      provided. |
|--------|-----|------------------------------------------------------------------------------------------------|

|  Expenditures                                                |   | Requirements      ForTwelve Months                                    | Current      AccountsPayable                                                                | Required      Funds      forTwelve Months                 |
|-------------------------------------------------------------------|--------|-----------------------------------------------------------------------|---------------------------------------------------------------------------------------------|-----------------------------------------------------------|
|                                                              |   |                                                                  |                                                                                        |                                                      |
| Accounting      and audit                                         | 1      |     $   9,500                      | $  48,413                                                                         |  $     57,913               |
| Bank      charges                                                 | 2      |   100                                                       |              -             | 100                                                       |
| Edgar      filing fees                                            | 3      | 1,200                                                                 | -                                                                                           | 1,200                                                     |
| Filing      fees and franchise taxes                              | 4      |            375 |             -                   |          375 |
| Office                                                            | 5      |          1,000           | 5,479                                                                                       |        6,479           |
| Repayment      to former Directors                                | 6      | -                                                                     | 74,914                                                                                      | 74,914                                                    |
| Transfer      agent's fees                                        | 7      |          1,200           |                - |        1,200           |
|        Estimated      expenses |   |    $  13,425                                 | $ 128,806                                                                                   | $   142,231                                |

----

| Filings                            | Accountant                                                                                                  | Auditors                                                                                            | Total                                                                               |
|------------------------------------|-------------------------------------------------------------------------------------------------------------|-----------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------|
|                               |                                                                                                        |                                                                                                |                                                                                |
| Form      10Q - Nov. 30, 2009      |       $        1,250                  |    $           500            |   $        1,750                  |
| Form      10Q – Feb 28, 2010 |                  1,250 |                 500 |              1,750 |
| Form      10Q - May 31, 2010       |                  1,250 |                 500 |              1,750 |
| Form      10K - Aug 31, 2010       |               1,750                        |              2,500                 |              4,250 |
|                               |                                                                                                        |                                                                                                |                                                                                |
|                               |      $      5,500                                         |   $        4,000                                       |   $       9,500                        |

|      2. | Bank      charges have been estimated for twelvemonths. |
|----------------------------------|---------------------------------------------------------|

|   |  3.        Edgar      filing fees comprise the cost of filing the various Forms 10-K and 10-Q on      Edgar.  It is estimated the cost for each of the Form 10-Qs will      be $250 and the cost of filing the 10-K will be  $450. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |   |
|--------|--------|

|   |   4.        Filing      fees to The Company Corporation as a registered agent in the State of      Delaware   is estimated at $215 per      year.  Franchise taxes paid to the State of Delaware are      $160. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |   5.       Relates      to photocopying and faxing and miscellaneous directors’ expenses based on      prior year’s actual charges giving consideration to some of the expenses      not being of a recurring nature. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|     6. | Certain      advances and expenses incurred by the former directors and officers in the      past years have been reclassified to accounts payable from due to      directors.   None of these advances and expense payments on      behalf of the Company bears interest and are on a demand      basis. |
|----------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |   7.      Estimated      amount due to transfer agent during the forthcoming  year. |
|--------|-----------------------------------------------------------------------------------------------------------------------------|

----

| Title of Document                                                                                                                                                     | Page   |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
|                                                                                                                                                                  |   |
| Report      of Madsen & Associates, CPA’s Inc.                                                                                                              | 27     |
|                                                                                                                                                                  |   |
| Balance      Sheet as at August 31, 2009 and 2008                                                                                                                     | 28     |
|                                                                                                                                                                  |   |
| Statement      of Operations for the years ended August 31, 2009 and 2008 and for the      period from September 24, 1998 (Date of Inception) to August 31,      2009 | 29     |
|                                                                                                                                                                  |   |
| Statement      in Changes in Stockholders’ Equity for the period from September 24, 1998      (Date of Inception) to August 31, 2009                            | 30     |
|                                                                                                                                                                  |   |
| Statement      of Cash Flows for the years ended August 31, 2009 and 2008 and for the      period from September 24, 1998 (Date of Inception) to August 31,      2009 | 31     |
|                                                                                                                                                                  |   |
| Notes      to the Financial Statements                                                                                                                                | 32     |

| ITEM      9. | CHANGES      IN AND DISAGREEMENT WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL      DISCLOSURE |
|--------------|-----------------------------------------------------------------------------------------------|

----

| ● | designed to ensure disclosure of information that is      required to be disclosed in the reports that Stanford files or submits      under the Exchange Act; |
|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ● | recorded, processed, summarized and reported with the      time period required by the SEC’s rules and forms;    and |
|---------|----------------------------------------------------------------------------------------------------------------------------|

| ● | accumulated and communicated to management to allow      them to make timely decisions about the required      disclosures. |
|---------|-----------------------------------------------------------------------------------------------------------------------------|

----

|  ● | As at August 31, 2009, Stanford did not have an audit      committee which complies to the requirements of an audit committee since      it did not have an independent “financial expert” on the      committee.  Even though it has a Code of Ethics it does not      emphasize fraud and methods to avoid it.   Due to the small      size of Stanford a whistleblower policy is not      necessary. |
|---------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ● | Due to a significant number and magnitude of      out-of-period adjustments identified during the year-end closing process,      management has concluded that the controls over the period-end financial      reporting process were not operating effectively.   A      material weakness in the period-end financial reporting process could      result in Stanford not been able to meet its regulatory filing deadlines      and, if not remedied, has the potential to cause a material misstatement      or to miss a filing deadline in the future.   Management      override of existing controls is possible given the small size of the      organization and lack ofpersonnel. |
|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ● | There is no system in place to review and monitor      internal control over financial reporting.  This is due to      Stanford maintaining an insufficient complement of personal to carry out      ongoing monitoring responsibilities and ensure effective internal control      over financial reporting. |
|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ITEM 9A(T) | CONTROLS AND  PROCEDURES |
|------------|--------------------------|

| ITEM      10. | DIRECTORS,      EXECUTIVE OFFICERS AND CORPORATEGOVERNANCE |
|---------------|------------------------------------------------------------|

| Name                          | Age    | Position Held                                                                                                                                      | Term      as Director Since |
|-------------------------------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------|-----------------------------|
|                          |   |                                                                                                                                               |                        |
|  Jancy      Boy Gregorio | 30     |                    President, CEO      and Director | 2007                        |
|                          |   |                                                                                                                                               |                        |
|  Reynan      Ballan      | 31     | CFO,      CAO, Secretary Treasurer and Director                                                                                                    | 2007                        |

----

----

| (1) | filed      a petition under the federal bankruptcy laws or any state insolvency law,      nor had a receiver, fiscal agent or similar officer appointed by the court      for the business or property of such person, or any partnership in which      he was a general partner at or within two years before the time of such      filings; |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2) | was      convicted in a criminal proceeding or named subject of a pending criminal      proceeding (excluding traffic violations and other minor      offenses); |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (3) | was      the subject of any order, judgment or decree, not subsequently reversed,      suspended or vacated, of any court of competent jurisdiction, permanently      or temporarily enjoining him from or otherwise limiting, the following      activities: |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | acting      as a futures commission merchant, introducing broker, commodity trading      advisor, commodity pool operator, floor broker, leverage transaction      merchant, associated person of any of the foregoing, or as an investment      advisor, underwriter, broker or dealer in securities, or as an affiliate      person, director or employee of any investment company, or engaging in or      continuing any conduct or practice in connection with such      activity; |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (iii) | engaging      in any activities in connection with the purchase or sale of any security      or commodity or in connection with any violation of federal or state      securities laws or federal commoditieslaws; |
|--------|-------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (4) | was      the subject of any order, judgment, or decree, not subsequently reversed,      suspended, or vacated, of any federal or state authority barring,      suspending or otherwise limiting for more than 60 days the right of such      person to engage in any activity described above under this Item, or to be      associated with persons engaged in any such  activities; |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (5) | was      found by a court of competent jurisdiction in a civil action or by the      Securities and Exchange Commission to have violated any federal or state      securities law, and the judgment in such civil action or finding by the      Securities and Exchange Commission has not been subsequently reversed,      suspended, or vacated. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (6)   | was      found by a court of competent jurisdiction in a civil action or by the      Commodity Futures Trading Commission to have violated any federal      commodities law, and the judgment in such civil action or finding by the      Commodity Futures Trading Commission has not been subsequently reversed,      suspended or vacated. |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|      Name      and  Principal position              |      Year |      Salary |      Bonus      ($) |      Stock      awards      ($) |      Option      awards      ($) |    Non-equityincentiveplancompensation      ($) | Change      in pension value and nonqualified      deferred compensation      earnings ($) |     All      othercompensation      ($) |
|----------------------------------------------------------------------------------------|------------------------------------|--------------------------------------|----------------------------------------------|----------------------------------------------------------|-----------------------------------------------------------|----------------------------------------------------------------|--------------------------------------------------------------------------------------------|-------------------------------------------------------------|
|                                                                                   |                               |                                 |                                         |                                                     |                                                      |                                                           |                                                                                       |                                                        |
| Glen      MacdonaldFormer      PresidentAnd      Director                              | 2005200620072008                   | -0--0--0--0-                         | -0--0--0--0-                                 | -0--0--0--0-                                             | -0--0--0--0-                                              | -0--0--0--0-                                                   | -0--0--0--0-                                                                               | -0--0--0--0-                                                |
|                                                                                   |                               |                                 |                                         |                                                     |                                                      |                                                           |                                                                                       |                                                        |
| Vera      McCullough Former      Secretary Treasurer, and      Director      | 2005200620072008                   | -0--0--0--0-                         | -0--0--0--0-                                 | -0--0--0--0-                                             | -0--0--0--0-                                              | -0--0--0--0-                                                   | -0--0--0--0-                                                                               | -0--0--0--0-                                                |
|                                                                                   |                               |                                 |                                         |                                                     |                                                      |                                                           |                                                                                       |                                                        |
| William      Nielsen Former      Chief Accounting Officer  and Director | 2005200620072008                   | -0--0--0--0-                         | -0--0--0--0-                                 | -0--0--0--0-                                             | -0--0--0--0-                                              | -0--0--0--0-                                                   | -0--0--0--0-                                                                               | -0--0--0--0-                                                |
|                                                                                   |                               |                                 |                                         |                                                     |                                                      |                                                           |                                                                                       |                                                        |
| Jancy      GregorioPresident,      ChiefExecutive      Officerand      Director        | 200720082009                       | -0--0--0-                            | -0--0--0-                                    | -0--0--0-                                                | -0--0--0-                                                 | -0--0--0-                                                      | -0--0--0-                                                                                  | -0--0--0-                                                   |
|                                                                                   |                               |                                 |                                         |                                                     |                                                      |                                                           |                                                                                       |                                                        |
| Reynan      BallanSecretary      Treasurer, Chief Financial Officerand      Director   | 200720082009                       | -0--0--0-                            | -0--0--0-                                    | -0--0--0-                                                | -0--0--0-                                                 | -0--0--0-                                                      | -0--0--0-                                                                                  | -0--0--0-                                                   |

----

| ITEM      12. | SECURITY      OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED      STOCKHOLDERS MATTERS |
|---------------|-----------------------------------------------------------------------------------------------------------|

|  Title      or Class |  Name      and Address of Beneficial Owner (1)                                         | Amount      of  Beneficial      Ownership (2) |  Percent      of Class |
|---------------------------|---------------------------------------------------------------------------------------------|----------------------------------------------------|-----------------------------|
|                      |                                                                                        |                                               |                        |
| CommonStock               | Jancy      Gregorio2432      M. de la Cruz StreetPasay      City, Metro Manila, Philippines | 8,000,000      (3)                                 | 15                          |
|                      |                                                                                        |                                               |                        |
| CommonStock               | Reynan      Ballan2429      M. de la Cruz StreetPasay      City, Metro Manila, Philippines  | 0                                                  | -                           |
|                      |                                                                                        |                                               |                        |
| CommonStock               | Ownership      of all Directors and Officers      as a group                                | 8,000,000                                          | 15                          |

| (1) |   | Jancy      Gregorio has sole voting power and sole dispositive power as to all the      shares shown as beneficially owned byhim. |
|-----|--------|-----------------------------------------------------------------------------------------------------------------------------------|

----

| (2)    |   | Under      Rule 13-d of the Exchange Act, shares not outstanding but subject to      options, warrants, rights and conversion privileges pursuant to which such      shares may be required in the next 60 days are deemed to be outstanding      for the purpose of computing the percentage of outstanding shares owed by      the person having such rights, but are not deemed outstanding for the      purpose of computing the percentage for such other      persons.   None of the directors of Stanford have any      options, warrants, rights or conversion privileges      outstanding.                                                                                                                                                                                                      |
|--------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
| (3)    |   | The      shares held by Jancy Gregorio are restricted since they were issued to a      director in compliance with an exemption from registration by Section 4(2)      of the Securities Act of 1933, as amended.   After these      shares have been held for one year, Jancy Gregorio could sell a percentage      of his shares based on one percent of the issued and outstanding shares of      Stanford.  In other words, Gregorio’s shares can be sold after      the expiration of one year in compliance with the provisions of Rule      144.   The share certificate bears a ‘stop transfer’ legend      on it.  As at August 31, 2009, the number of shares which could      presently be sold pursuant to Rule 144 is 521,700  shares. |

| ITEM      13. | CERTAIN      RELATIONSHIPS AND RELATED TRANSACTIONS,      AND    DIRECTORINDEPENDENCE |
|---------------|-----------------------------------------------------------------------------------------------------------|

----

| The      following exhibits are included as part of this report by      reference:                                                                                                                                                  |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                                                                                                                |
| 1.     Certificate      of Incorporation , Articles of Incorporation andBy-laws                                                                                                                            |
|                                                                                                                                                                                                                                |
| 1.1 Certificate      of Incorporation  (incorporated by reference from Stanford’s      Registration         Statement      on Form SB-2 filed on August 26, 2003) |
|                                                                                                                                                                                                                                |
| 1.2 Articles      of Incorporation  (incorporated by reference from Stanford’s      Registration         Statement      on Form SB-2 filed on August 26, 2003)    |
|                                                                                                                                                                                                                                |
| 1.3 By-laws      (incorporated by reference from Stanford’s Registration Statement on      FormSB-2      filed on August 26, 2003)                                                                                       |
|                                                                                                                                                                                                                                |

----

----

| MADSEN & ASSOCIATES, CPA’s      INC.                   | 684      East Vine Street, #3 |
|------------------------------------------------------------------|-------------------------------|
| Certified      Public Accountants and Business Consultants Board | Murray,      Utah, 84107      |
|                                                             | Telephone:      801-268-2632  |
|                                                             | Fax:      801-262-3978        |

----

|                                                                                                                                                                                                             | August      31, 2009                             | August      31, 2008                       |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------------------------------------------|--------------------------------------------|
|                                                                                                                                                                                                             |                                             |                                       |
| ASSETS                                                                                                                                                                                                           |                                             |                                       |
|                                                                                                                                                                                                             |                                             |                                       |
| CURRENT      ASSETS                                                                                                                                                                                              |                                             |                                       |
|                                                                                                                                                                                                             |                                             |                                       |
|     Cash                                                                                                                                                                                     | $       2,621 | $      1,946 |
|                                                                                                                                                                                                             |                                             |                                       |
|        Total      Current Assets                                                                                                                                              | $       2,621 | $      1,946 |
|                                                                                                                                                                                                             |                                             |                                       |
|                                                                                                                                                                                                             |                                             |                                       |
| LIABILITIES      AND STOCKHOLDERS’ DEFICIENCY                                                                                                                                                              |                                             |                                       |
|                                                                                                                                                                                                             |                                             |                                       |
| CURRENT      LIABILITIES                                                                                                                                                                                         |                                             |                                       |
|                                                                                                                                                                                                             |                                             |                                       |
|     Accounts      payable and accrued liabilities                                                                                                                                            | $   128,806                       | $  124,561                       |
|     Due      to related parties – Note 4                                                                                                                                               |    20,481                         |    6,624                    |
|                                                                                                                                                                                                             | 149,287                                          |   131,185                        |
|                                                                                                                                                                                                             |                                             |                                       |
| STOCKHOLDERS’      DEFICIENCY                                                                                                                                                                              |                                             |                                       |
|                                                                                                                                                                                                             |                                             |                                       |
|     Common      Stock                                                                                                                                                                        |                                             |                                       |
|          500,000,000      shares authorized, at $0.001 par value         52,170,000      shares issued and outstanding |  52,170                                     |  52,170                               |
|     Capital      in excess of par value                                                                                                                                                      | 141,880                                          | 129,280                                    |
|     Deficit      accumulated during the pre-exploration stage                                                                                                                                | (340,716)                                        | (310,689)                                  |
|                                                                                                                                                                                                             |                                             |                                       |
|                 Total      Stockholders’ Deficiency                                                                        | (146,666)                                        | (129,239)                                  |
|                                                                                                                                                                                                             |                                             |                                       |
|                                                                                                                                                                                                             | $      2,621       | $     1,946       |
|                                                                                                                                                                                                             |                                             |                                       |

----

|                  |  Aug      31, 2009                                                                |  Aug      31, 2008                                                                                                                                                          | Sept      24, 1998to Aug 31, 2009                                                                              |
|-----------------------|----------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------|
|                  |                                                                                   |                                                                                                                                                                             |                                                                                                           |
| REVENUES              | $              - | $               -               | $                  - |
|                  |                                                                                   |                                                                                                                                                                             |                                                                                                           |
| EXPENSES              |                                                                                   |                                                                                                                                                                             |                                                                                                           |
|                  |                                                                                   |                                                                                                                                                                             |                                                                                                           |
| Exploration           | -                                                                                      | 10,320                                                                                                                                                                           | 25,940                                                                                                         |
| General      expenses | 30,027                                                                                 | 49,918                                                                                                                                                                           | 314,776                                                                                                        |
|                  |                                                                                   |                                                                                                                                                                             |                                                                                                           |
| NET      LOSS         | $  (30,027)                                                                  | $   (60,238)                                                                                                                                                      | $    (340,716)                                                                             |
|                  |                                                                                   |                                                                                                                                                                             |                                                                                                           |
|                  |                                                                                   |                                                                                                                                                                             |                                                                                                           |

| NET      LOSS PER COMMON SHARE                       |                                        |                                                          |   |
|------------------------------------------------------|---------------------------------------------|---------------------------------------------------------------|--------|
|                                                 |                                        |                                                          |   |
|      Basic      and diluted | $      (0.00) |   $       (0.00) |   |
|                                                 |                                        |                                                          |   |
| AVERAGE      OUTSTANDING SHARES                      |                                        |                                                          |   |
|                                                 |                                        |                                                          |   |
|      Basic                  | 52,170,000                                  |     52,170,000                            |   |

----

|                                                     |  CommonShares                                                                                | StockAmount                                                                                 | Capital      in Excess      ofPar Value                                    |  Accumulated      Deficit                                                                           |
|----------------------------------------------------------|---------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------|
|                                                     |                                                                                              |                                                                                        |                                                                            |                                                                                                     |
| Capital      stock issued                                |                                                                                              |                                                                                        |                                                                            |                                                                                                     |
| For      cash                                            | 40,300,000                                                                                        | $    40,300                                                             |  $(38,285)                                                                 |   $               - |
| For      cash                                            |  6,870,000                                                                                   |           6,870                           |      (3,435)                                           |                                                                                                     |
| Capital      contribution- expenses                      |               -             |                - |      12,600                                            |                                                                                                     |
| Net      loss for the period                             |               -             |                - |              - |  (17,294)                                                                                           |
|                                                     |                                                                                              |                                                                                        |                                                                            |                                                                                                     |
| Balance,      August 31, 1999                            | 47,170,000                                                                                        |        47,170                                            |     (29,120)                                                | (17,294)                                                                                                 |
| Capital      contributions – expenses              |               -             |                - |    12,600                                                        |                                                                                                     |
| Net      loss for the year                               |               -             |                - |             -       |  (15,583)                                                                                           |
|                                                     |                                                                                              |                                                                                        |                                                                            |                                                                                                     |
| Balance,      August 31, 2000                            | 47,170,000                                                                                        |        47,170                                            |    (16,520)                                                      | 32,877                                                                                                   |
| Capital      contributions – expenses              |               -             |                - |       12,600                                      |                                                                                                     |
| Net      loss for the year                               |               -             |                - |             -       |       (18,415)                                                             |
|                                                     |                                                                                              |                                                                                        |                                                                            |                                                                                                     |
| Balance,      August 31, 2001                            | 47,170,000                                                                                        |       47,170                                                  |   (3,920)                                                             |        (51,292)                                                       |
| Capital      contribution – expenses               |               -             |                - |       12,600                                      |                                                                                                     |
| Net      loss for the year                               |               -             |                - |              - |       (18,160)                                                             |
|                                                     |                                                                                              |                                                                                        |                                                                            |                                                                                                     |
| Balance,      August 31, 2002                            | 47,170,000                                                                                        |       47,170                                                  |    8,680                                                         |       (69,452)                                                             |
| Capital      contributions – expenses              |              -                   |               -       |    12,600                                                        |                                                                                                     |
| Net      loss for the year                               |              -                   |           -                               |              - |       (28,620)                                                                  |
|                                                     |                                                                                              |                                                                                        |                                                                            |                                                                                                     |
| Balance,      August 31, 2003                            | 47,170,000                                                                                        |      47,170                                                        | 21,280                                                                          |      (98,072)                                                                   |
| Capital      contributions – expenses              |              -                   |              -             |       12,600                                      |                                                                                                     |
| Net      Loss for the year                               |              -                   |                - |             -       |       (33,983)                                                                  |
|                                                     |                                                                                              |                                                                                        |                                                                            |                                                                                                     |
| Balance,      August 31, 2004                            | 47,170,000                                                                                        |      47,170                                                        |   33,880                                                              |      (132,055)                                                                  |
| Capital      contributions – expenses              |               -             |             -                   | 12,600                                                                          |                                                                                                     |
| Net      loss for the year                               |              -                   |               -       |            -             |      (36,602)                                                                   |
|                                                     |                                                                                              |                                                                                        |                                                                            |                                                                                                     |
| Balance,      August 31, 2005                            | 47,170,000                                                                                        |      47,170                                                        | 46,480                                                                          |      (168,657)                                                                  |
| Capital      contribution – expenses               |               -             |             -                   |    12,600                                                        |                                                                                                     |
| Net      loss for the year                               |               -             |               -       |            -             |       (44,122)                                                             |
|                                                     |                                                                                              |                                                                                        |                                                                            |                                                                                                     |
| Balance,      August 31, 2006,                           | 47,170,000                                                                                        |    47,170                                                                    |  59,080                                                                    |     (212,779)                                                                        |
|                                                     |                                                                                              |                                                                                        |                                                                            |                                                                                                     |
| Capital      stock issued for      cash – at $0.01 | 5,000,000                                                                                         | 5,000                                                                                       | 45,000                                                                          |                                                                                                     |
| Capital      contributions – expenses              | -                                                                                                 | -                                                                                           | 12,600                                                                          |                                                                                                     |
| Net      loss for the year                               |                -       |          -                                     |             -       | (37,672)                                                                                                 |
|                                                     |                                                                                              |                                                                                        |                                                                            |                                                                                                     |
| Balance,      August 31, 2007                            | 52,170,000                                                                                        | 52,170                                                                                      |    116,680                                                       |   (250,451)                                                                                    |
|                                                     |                                                                                              |                                                                                        |                                                                            |                                                                                                     |
| Capital      contributions – expenses              | -                                                                                                 | -                                                                                           | 12,600                                                                          |                                                                                                     |
| Net      loss for the year                               |                -       |           -                               |            -             | (60,238)                                                                                                 |
|                                                     |                                                                                              |                                                                                        |                                                                            |                                                                                                     |
| Balance,      August 31, 2008                            | 52,170,000                                                                                        |  52,170                                                                                |  129,280                                                                   |  (310,689)                                                                                          |
|                                                     |                                                                                              |                                                                                        |                                                                            |                                                                                                     |
| Capital      contributions – expenses              | -                                                                                                 | -                                                                                           | 12,600                                                                          |                                                                                                     |
| Net      loss for the year                               |                 - |            -                         |             -       |   (30,027)                                                                                     |
|                                                     |                                                                                              |                                                                                        |                                                                            |                                                                                                     |
| Balance,      August 31, 2009                            | 52,170,000                                                                                        | $  52,170                                                                         | $    141,880                                                | $   (340,716)                                                                             |

----

|                                                                                                                                                                                   |  Aug      31, 2009                                                         |  Aug      31, 2008                                                               | Sept      24, 1998to Aug 31, 2009                                                                                                                             |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------|---------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                                                                   |                                                                            |                                                                                  |                                                                                                                                                          |
| CASH      FLOWS FROM OPERATING      ACTIVITIES:                                                                                                                                   |                                                                            |                                                                                  |                                                                                                                                                          |
|                                                                                                                                                                                   |                                                                            |                                                                                  |                                                                                                                                                          |
|      Net      loss                                                                                                                                            | $  (30,027)                                                           | $   (60,238)                                                           |   $   (340,716)                                                                                                                      |
|                                                                                                                                                                                   |                                                                            |                                                                                  |                                                                                                                                                          |
|      Adjustments      to reconcile net loss to      net cash provided by         operating      activities: |                                                                            |                                                                                  |                                                                                                                                                          |
|                                                                                                                                                                                   |                                                                            |                                                                                  |                                                                                                                                                          |
|         Change      in accounts payable                                                                                                        | 4,245                                                                           | 16,685                                                                                | 128,806                                                                                                                                                       |
|         Capital      contributions - expenses                                                                                                  | 12,600                                                                          |   12,600                                                                    | 138,600                                                                                                                                             |
|                                                                                                                                                                                   |                                                                            |                                                                                  |                                                                                                                                                          |
|              Net      Change in Cash from Operations                                                             |  (13,182)                                                                  |  (30,953)                                                                        |        (73,310)                                                                                                            |
|                                                                                                                                                                                   |                                                                            |                                                                                  |                                                                                                                                                          |
| CASH      FLOWS FROM INVESTING ACTIVITIES                                                                                                                                         |              - |             -             |              -                                                                               |
|                                                                                                                                                                                   |                                                                            |                                                                                  |                                                                                                                                                          |
| CASH      FLOWS FROM  FINANCING      ACTIVITIES:                                                                                                                             |                                                                            |                                                                                  |                                                                                                                                                          |
|                                                                                                                                                                                   |                                                                            |                                                                                  |                                                                                                                                                          |
| Advances from related      parties                                                                                                                                                     | 13,857                                                                          |   6,624                                                                     | 20,481                                                                                                                                                        |
| Proceeds from issuance      of common      stock                                                                                                                                  |          -                         |               - |  55,450                                                                                                                                        |
|                                                                                                                                                                                   |                                                                            |                                                                                  |                                                                                                                                                          |
| Net      change in cash flows fromfinancing    activities                                                                                                                              |  13,857                                                                    |  6,624                                                                           |  75,931                                                                                                                                                  |
|                                                                                                                                                                                   |                                                                            |                                                                                  |                                                                                                                                                          |
|      Net      (Decrease) Increase in Cash                                                                                                                     | 675                                                                             | (24,329)                                                                              | 2,621                                                                                                                                                         |
|                                                                                                                                                                                   |                                                                            |                                                                                  |                                                                                                                                                          |
|      Cash      at Beginning of Period                                                                                                                         | 1,946                                                                           |   26,275                                                                    |                  -          |
|                                                                                                                                                                                   |                                                                            |                                                                                  |                                                                                                                                                          |
|      CASH AT END OF      PERIOD                                                                                                                               | $      2,621                                                                    | $       1,946                                      |     $      2,621                                                                                  |

| SCHEDULE      OF NONCASH OPERATING      ACTIVITIES             |                                                                                  |                      |                       |
|---------------------------------------------------------------------|---------------------------------------------------------------------------------------|---------------------------|----------------------------|
|                                                                |                                                                                  |                      |                       |
|      Capital      contributions - expenses |  $    12,600         |   $      12,600 |   $      138,600 |

----

|   | The      shareholders, at the Annual General Meeting held on March 9, 2007,      approved an amendment to the Certificate of Incorporation whereby the      authorized share capital of the Company would be increased from 25,000,000      common shares with a par value of $0.001 per share to 500,000,000 common      shares with a par value of $0.001 pershare. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | The      Company utilizes the liability method of accounting for income      taxes.  Under the liability method deferred tax assets and      liabilities are determined based on differences between financial      reporting and the tax bases of the assets and liabilities and are measured      using the enacted tax rates and laws that will be in effect, when the      differences are expected to be reversed.   An allowance      against deferred tax assets is recorded, when it is more likely than not,      that such tax benefits will not berealized. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | Statement of Cash      Flows |
|--------|------------------------------|

|   | For      the purposes of the statement of cash flows, the Company considers all      highly liquid investments with a maturity of three months or less to be      cash equivalents. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Basic and Diluted Net      Income (loss) Per Share |
|--------|----------------------------------------------------|

|   | Basic      net income (loss) per share amounts are computed based on the weighted      average number of shares actually outstanding.   Diluted      net income (loss) per share amounts are computed using the weighted      average number of common and common equivalent shares outstanding as if      shares had been issued on the exercise of any common share rights unless      the exercise becomes antidilutive and then only the basic per share      amounts are shown in the report. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |              Revenue      Recognition |
|--------|--------------------------------------------------------------------------------------------------------|

|   |              Financial and      Concentrations Risk |
|--------|----------------------------------------------------------------------------------------------------------------------|

|   | The      Company does not have any concentration or related financial credit      risk. |
|--------|-----------------------------------------------------------------------------------------|

|   |              Environmental      Requirements |
|--------|---------------------------------------------------------------------------------------------------------------|

|   | At      the report date environmental requirements related to the mineral claim      acquired are unknown and therefore an estimate of any future cost cannot      be made. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | On      February 2, 2008,      the Company purchased a 100% interest the San Carlos Gold Claim located in      the Philippines for $5,000 including a geological report.  The      Company has not established the existence of a commercially minable ore      deposit on the San Carlos Gold Claim.   This claim has no      expiry date and only if the Company decides to abandon them will it no      longer have an interest in the mineralsthereon. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |             On      August 31, 2009, officers-directors and their families had acquired 15% of      the common capital stock issued, and have made no interest, demand loans      of $20,481 and have made contributions to capital of $138,600 to the      Company in the form of expenses paid for the  Company. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 5. | CAPITAL      STOCK |
|----|--------------------|

|   | The      Company has completed one Regulation S offering of 40,300,000 post split      shares of its capital stock for a total consideration of      $2,015.  In addition, the Company has completed another      Regulation S offering of 6,870,000 post split shares of its capital stock      for a total consideration of $3,435.  Under an Offering      Memorandum the Company issued 5,000,000 post split shares for a total      consideration of $50,000. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 6. | GOING      CONCERN |
|----|--------------------|

|   | The      Company will need additional working capital to service its debt and to      develop the mineral claims acquired, which raises substantial doubt about      its ability to continue as a going concern.   Continuation      of the Company as a going concern is dependent upon obtaining additional      working capital and the management of the Company has developed a      strategy, which it believes will accomplish this objective through      additional equity funding, and long term financing, which will enable the      Company to operate for the comingyear. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----