U.S.
SECURITIES AND EXCHANGE COMMISSION


Washington,
D.C. 20549


FORM
10-Q





x QUARTERLY REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF
1934





For the
quarterly period ended: September 30,
2009





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





For the
transition period from ________ to _________





Commission
file number 000-53139





TRYON ALPHA,
INC.


(Exact
name of registrant as specified in its charter)


Nevada
                  (State
      or other jurisdiction of incorporation or organization)
                26-1530805
                  (I.R.S.
      Employer Identification
No.)





127 North Tryon Street,
Suite 312, Charlotte, North Carolina28202


(Address
of principal executive offices)





(704)
372-7222


Issuer’s
telephone number








(Former
name, former address and former


fiscal
year, if changed since last report)





Indicate
by check mark whether the registrant (1) has filed all reports required to be
filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the
preceding 12 months (or for such shorter period that the registrant was required
to file such reports), and (2) has been subject to such filing requirements for
the past 90 days. x  Yes    ̈  No





Indicate
by check mark whether the registrant has submitted electronically and posted on
its corporate Web site, if any, every Interactive
Data File required to be submitted and posted pursuant to Rule 405 of Regulation
S-T (§232.405 of this chapter) during the preceding 12 months (or for such
shorter period that the registrant was required to submit and post such
files).


 ̈ Yes   ̈ No





Indicate
by check mark whether the registrant is a large accelerated filer, an
accelerated filer, a non-accelerated filer, or a smaller reporting company. See
the definitions of “large accelerated filer,” “accelerated filer” and “smaller
reporting company” in Rule 12b-2 of the Exchange Act.





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





Indicate
by check mark whether the registrant is a shell company (as defined in Rule
12b-2 of the Exchange Act). xYes  ̈No





APPLICABLE
ONLY TO ISSUERS INVOLVED IN BANKRUPTCY


PROCEEDINGS
DURING THE PRECEDING FIVE YEARS





Indicate
by check mark whether the registrant has filed all documents and reports
required to be filed by Section 12, 13 or 15(d) of the Securities Exchange Act
of 1934 subsequent to the distribution of securities under a plan confirmed by a
court.


 ̈
Yes    ̈ No


APPLICABLE
ONLY TO CORPORATE ISSUERS





State the
number of shares outstanding of each of the issuer's classes of common equity,
as of the latest practicable date:  At November 13, 2009 there were
1,000,000 shares of common stock outstanding.





PART
I — FINANCIAL INFORMATION





Item
1. Financial Statements.





PageBalance
      Sheet – At September 30, 2009 (unaudited) and March 31, 2009
      (audited)
                F-1Statement
      of Operations for the three months ended September 30, 2009 and
      2008
                  (unaudited)
                F-2Statement
      of Operations for the six months ended September 30, 2009 and
      2008
                  (unaudited)
      and cumulative since inception (December 3, 2007)
                F-3Statement
      of Stockholders Deficit
                F-4Statement
      of Cash Flows – Three months ended September 30, 2009 and 2008
      (unaudited)
                  and
      since inception (December 3, 2007)
                F-5Notes
      to Financial Statements (unaudited)
                F-6




1





Tryon Alpha, Inc.(A
      Development Stage Company)Balance
Sheet
 
 September
      30, 2009
                          
                          
                          March
      31, 2009(unaudited)
                          
                          
                          (audited)ASSETSCURRENT ASSETS:Cash
                          
                          $
                          3
                          
                          
                          $
                          19TOTAL
      CURRENT ASSETS
                          
                          
                          3
                          
                          
                          
                          19TOTAL
      ASSETS
                          
                          $
                          3
                          
                          
                          $
                          19LIABILITIES
      AND STOCKHOLDERS' DEFICITCURRENT LIABILITIES:Note
      Payable to a Related Party
                          
                          
                          12,873
                          
                          
                          
                          9,210Accrued
      Expenses
                          
                          
                          3,240
                          
                          
                          
                          5,915TOTAL
      CURRENT LIABILITIES
                          
                          
                          16,113
                          
                          
                          
                          15,125TOTAL
      LIABILITIES
                          
                          
                          16,113
                          
                          
                          
                          15,125STOCKHOLDERS' DEFICITPreferred
      stock ($0.0001 par value; 10,000,000 shares authorized; no
      shares issued and outstanding)
                          
                          
                          -
                          
                          
                          
                          -Common
      stock ($0.0001 par value; 100,000,000 shares authorized:1,000,000
      issued and outstanding)
                          
                          
                          100
                          
                          
                          
                          100Paid
      in Capital
                          
                          
                          -
                          
                          
                          
                          -Retained
      Deficit
                          
                          
                          (16,210
                          )
                          
                          
                          (15,206
                          )TOTAL
      STOCKHOLDERS' DEFICIT
                          
                          
                          (16,110
                          )
                          
                          
                          (15,106
                          )TOTAL
      LIABILITIES AND STOCKHOLDERS' DEFICIT
                          
                          $
                          3
                          
                          
                          $
                          19
 
 The
accompanying notes are an integral part of these financial
statements.
  F-1
 
 Tryon
      Alpha, Inc.(A
      Development Stage Company)Statement
      of Operations—Unaudited
 
 For
      the three months endedSeptember 30, 2009
                          
                          
                          September 30, 2008REVENUES:Income
                          
                          $
                          -
                          
                          
                          $
                          -Total
      Revenue
                          
                          
                          -
                          
                          
                          
                          -EXPENSES:Selling,
      General and Administrative
                          
                          
                          39
                          
                          
                          
                          -Professional
      Fees
                          
                          
                          -
                          
                          
                          
                          -Total
      Expenses
                          
                          
                          39
                          
                          
                          
                          -Loss
      from operations
                          
                          $
                          (39
                          )
                          
                          $
                          -OTHER INCOME/(EXPENSE):Service
      Charge Refund
                          
                          
                          -
                          
                          
                          
                          -Interest
      Expense
                          
                          
                          (254
                          )
                          
                          
                          (183
                          )NET
      LOSS
                          
                          $
                          (293
                          )
                          
                          $
                          (183
                          )Basic
      and fully diluted net loss per common share:
                          
                          $
                          (0.00
                          )
                          
                          $
                          (0.00
                          )Weighted
      average common shares outstanding
                          
                          
                          1,000,000
                          
                          
                          
                          1,000,000
 
 The
accompanying notes are an integral part of these financial
statements.
  F-2
 
 Tryon
      Alpha, Inc.(A
      Development Stage Company)Statement
      of Operations—Unaudited
 
 CumulativeFor
      the six months ended
                                
                                
                                Total
      Since InceptionSeptember 30, 2009
                                
                                
                                September 30, 2008
                                
                                
                                December 3, 2007REVENUES:Income
                                
                                $
                                -
                                
                                
                                $
                                -
                                
                                
                                $
                                -Total
      Revenue
                                
                                
                                -
                                
                                
                                
                                -
                                
                                
                                
                                -EXPENSES:Selling,
      General and Administrative
                                
                                
                                679
                                
                                
                                
                                36
                                
                                
                                
                                970Professional
      Fees
                                
                                
                                -
                                
                                
                                
                                -
                                
                                
                                
                                14,000Total
      Expenses
                                
                                
                                679
                                
                                
                                
                                36
                                
                                
                                
                                14,970Loss
      from operations
                                
                                $
                                (679
                                )
                                
                                $
                                (36
                                )
                                
                                $
                                (14,970
                                )OTHER INCOME/(EXPENSE):Service
      Charge Refund
                                
                                
                                -
                                
                                
                                
                                -
                                
                                
                                
                                -Interest
      Expense
                                
                                
                                (325
                                )
                                
                                
                                (366
                                )
                                
                                
                                (1,240
                                )NET
      LOSS
                                
                                $
                                (1,004
                                )
                                
                                $
                                (402
                                )
                                
                                $
                                (16,210
                                )Basic
      and fully diluted net loss per common share:
                                
                                $
                                (0.00
                                )
                                
                                $
                                (0.00
                                )
                                
                                $
                                (0.02
                                )Weighted
      average common shares outstanding
                                
                                
                                1,000,000
                                
                                
                                
                                1,000,000
                                
                                
                                
                                1,000,000
 
 The
accompanying notes are an integral part of these financial
statements.
  F-3
 
 Tryon Alpha, Inc.(A
      Development Stage Company)Statement of Stockholders' Deficit
      (Unaudited)
 
 AdditionalCommon Stock
                        
                        
                        Preferred stock
                        
                        
                        Paid-in
                        
                        
                        DeficitShares
                        
                        
                        Amount
                        
                        
                        Shares
                        
                        
                        Amount
                        
                        
                        Capital
                        
                        
                        AccumulatedBalances,
      December 3, 2007 (inception)
                        
                        
                        -
                        
                        
                        $
                        -
                        
                        
                        
                        -
                        
                        
                        $
                        -
                        
                        
                        $
                        -
                        
                        
                        $
                        -Net
      loss
                        
                        
                        -
                        
                        
                        
                        -
                        
                        
                        
                        -
                        
                        
                        
                        -
                        
                        
                        
                        -
                        
                        
                        
                        (9,342
                        )Issuance
      of common shares
                        
                        
                        1,000,000
                        
                        
                        
                        100
                        
                        
                        
                        -
                        
                        
                        
                        -
                        
                        
                        
                        -
                        
                        
                        
                        -Balances,
      March 31, 2008
                        
                        
                        1,000,000
                        
                        
                        $
                        100
                        
                        
                        
                        -
                        
                        
                        $
                        -
                        
                        
                        $
                        -
                        
                        
                        $
                        (9,342
                        )Net
      loss
                        
                        
                        -
                        
                        
                        
                        -
                        
                        
                        
                        -
                        
                        
                        
                        -
                        
                        
                        
                        -
                        
                        
                        
                        (5,864
                        )Balances,
      March 31, 2009
                        
                        
                        1,000,000
                        
                        
                        $
                        100
                        
                        
                        
                        -
                        
                        
                        $
                        -
                        
                        
                        $
                        -
                        
                        
                        $
                        (15,206
                        )Net
      loss
                        
                        
                        -
                        
                        
                        
                        -
                        
                        
                        
                        -
                        
                        
                        
                        -
                        
                        
                        
                        -
                        
                        
                        
                        (1,004
                        )Issuance
      of common shares
                        
                        
                        1,000,000
                        
                        
                        
                        100
                        
                        
                        
                        -
                        
                        
                        
                        -
                        
                        
                        
                        -
                        
                        
                        
                        -Balances,
      September 30, 2009
                        
                        
                        2,000,000
                        
                        
                        $
                        200
                        
                        
                        
                        -
                        
                        
                        $
                        -
                        
                        
                        $
                        -
                        
                        
                        $
                        (16,210
                        )
 
 The
accompanying notes are an integral part of these financial
statements.
  F-4
 
 Tryon Alpha, Inc.(A
      Development Stage Company)Statement
      of Cash Flows—Unaudited
 
 CumulativeFor
      the nine months ended
                          
                          
                          Totals
      SinceSeptember 30,
                          
                          
                          Inception2009
                          
                          
                          2008
                          
                          
                          December 3, 2007CASH FLOWS FROM OPERATING
      ACTIVITIES:Net
      loss
                          
                          $
                          (1,004
                          )
                          
                          $
                          (402
                          )
                          
                          $
                          (16,210
                          )Adjustments
      to reconcile net (loss) to net cash used in operations:Changes
      in Assets and Liabilities:Increase/(decrease)
      in Overdraft
                          
                          
                          -
                          
                          
                          
                          -
                          
                          
                          
                          -Increase/(decrease)
      in Accrued Expenses
                          
                          
                          (2,675
                          )
                          
                          
                          366
                          
                          
                          
                          3,240NET
      CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES
                          
                          
                          (3,679
                          )
                          
                          
                          (36
                          )
                          
                          
                          (12,970
                          )CASH FLOWS FROM FINANCING
      ACTIVITIES:Issuance
      of Common Stock
                          
                          
                          -
                          
                          
                          
                          -
                          
                          
                          
                          100Note
      Payable to Related Party
                          
                          
                          3,663
                          
                          
                          
                          -
                          
                          
                          
                          12,873NET
      CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES
                          
                          
                          3,663
                          
                          
                          
                          -
                          
                          
                          
                          12,973NET
      INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS
                          
                          
                          (16
                          )
                          
                          
                          (36
                          )
                          
                          
                          3BEGINNING
      BALANCE
                          
                          
                          19
                          
                          
                          
                          2,591
                          
                          
                          
                          -ENDING
      BALANCE
                          
                          $
                          3
                          
                          
                          $
                          2,555
                          
                          
                          $
                          3SUPPLEMENTAL
      DISCLOSURES OF CASH FLOW INFORMATION:CASH
      PAID DURING THE PERIOD FOR:Interest
                          
                          $
                          -
                          
                          
                          $
                          -
                          
                          
                          $
                          -Taxes
                          
                          $
                          -
                          
                          
                          $
                          -
                          
                          
                          $
                          -
 
 The
accompanying notes are an integral part of these financial
statements.
  F-5
 
 TRYON
ALPHA, INC.
 (A
DEVELOPMENT STAGE COMPANY)
 NOTES
TO THE UNAUDITED FINANCIAL STATEMENTS
 FOR
THE THREE MONTHS ENDED SEPTEMBER 30, 2009
 
  NOTE A—SUMMARY OF
SIGNIFICANT ACCOUNTING POLICIES
 
 Business Activity—The
Tryon Alpha, Inc., Inc. (the "Company”) was organized under the laws of the
State of Nevada on December 3, 2007 as a corporation.  The Company’s
objective is to acquire or merge with a target business or company in a business
combination.
 
 Basis of
Presentation—The financial statements included herein were prepared under
the accrual basis of accounting.
 
 Cash and Cash
Equivalents—For purposes of the Statement of Cash Flows, the Company
considers liquid investments with an original maturity of three months or less
to be cash equivalents.
 
 Management’s Use of
Estimates—The preparation of financial statements in conformity with
accounting principles generally accepted in the United States of America
requires management to make estimates and assumptions that affect the reported
amounts of assets and liabilities and disclosures of contingent assets and
liabilities at the date of financial statements and the reported amounts of
revenues and expenses during the reporting period.  Actual results
could differ from those estimates.  The financial statements above
reflect all of the costs of doing business.
 
 Revenue
Recognition—The Company’s policy is to recognize income when it is
earned.
 
 Comprehensive Income
(Loss)—The Company adopted Financial Accounting Standards Board Statement
of Financial Accounting Standards (SFAS) No. 130, “Reporting Comprehensive
Income”, which establishes standards for the reporting and display of
comprehensive income and its components in the  financial
statements.  There were no items of comprehensive income (loss)
applicable to the Company during the period covered in the financial
statements.
 
 Deferred Taxes—Income
taxes are provided in accordance with Statement of Financial Accounting
Standards No. 109 (SFAS No. 109), “Accounting for Income
Taxes.” A deferred tax asset or liability is recorded for all temporary
differences between financial and tax reporting and net operating loss-carry
forwards.
 
 Deferred
tax assets are reduced by a valuation allowance when, in the opinion of
management, it is more likely than not that, some portion or all of the deferred
tax asset will not be realized. Deferred tax assets and liabilities are adjusted
for the effect of changes in tax laws and rates on the date of
enactment.
 
 Fair Value of Financial
Instruments—The carrying amounts reported in the balance sheet for cash,
accounts receivable and payable approximate fair value based on the short-term
maturity of these instruments.
 
 Stock-Based
Compensation—The Company accounts for stock-based compensation using the
fair value method of Financial Accounting Standard No. 123R.  This
Statement requires a public entity to measure the cost of employee services
received in exchange for an award of equity instruments based on the grant-date
fair value of the award (with limited exceptions).  That cost will be
recognized over the period during which an employee is required to provide
service in exchange for the award—the requisite service period (usually the
vesting period).  No compensation cost is recognized for equity
instruments for which employees do not render the requisite
service.
  F-6
 
 NOTE A—SUMMARY OF
SIGNIFICANT ACCOUNTING POLICIES (CONT.)
 
 Accounts
Receivable—Accounts deemed uncollectible are written off in the year they
become uncollectible.  As of September 30, 2009 the balance in
Accounts Receivable was $0.
 
 Impairment of Long-Lived
Assets—The Company evaluates the recoverability of its fixed assets and
other assets in accordance with Statement of Financial Accounting Standards No.
144, “Accounting for the
Impairment or Disposal of Long-Lived Assets” (“SFAS 144’). SFAS 144
requires recognition of impairment of long-lived assets in the event the net
book value of such assets exceeds its expected cash flows, it is considered to
be impaired and is written down to fair value, which is determined based on
either discounted future cash flows or appraised values. The Company adopted the
statement on inception. No impairments of these types of assets were recognized
during the period ended September 30, 2009.
 
 Recent Accounting
Pronouncements- In December 2007, the Financial Accounting Standards
Board (the “FASB”) Accounting Codification Statement (“ASC”) 805-10 (formerly
SFAS 141R), “Business Combinations” (“ASC 805-10”) was issued. ASC 805-10
replaces prior guidance on the subject and requires the acquirer of a business
to recognize and measure the identifiable assets acquired, the liabilities
assumed, and any non-controlling interest in the acquiree at fair value.
Additionally, it also requires transaction costs related to the business
combination to be expensed as incurred. ASC 805-10 applies prospectively to
business combinations for which the acquisition date is on or after the
beginning of the first annual reporting period beginning on or after December
15, 2008. The effective date, as well as our adoption date, for the
pronouncement was January 1, 2009. The adoption did not have a material impact
on our financial statements.
 
 In April
2008 the FASB issued ASC 350-30 (formerly FSP No. 142-3), Determination of the
Useful Life of Intangible Assets, which amends the factors that should be
considered in developing renewal or extension assumptions used to determine the
useful life of a recognized intangible asset under ASC 350-10 (formerly SFAS
142). This pronouncement requires enhanced disclosures concerning a company’s
treatment of costs incurred to renew or extend the term of a recognized
intangible asset. It is effective for financial statements issued for fiscal
years beginning after December 15, 2008. We determined that the standard will
not have a material impact on our financial statements.
 
 In May
2009, the FASB issued ASC 855-10 (formerly SFAS No. 165), “Subsequent Events,”
which establishes general standards for accounting for accounting for and
disclosure of events that occur after the balance sheet date but before the
financial statements are issued or are available to be issued. The pronouncement
requires the disclosure of the date through which an entity has evaluated
subsequent events and the basis for that date, whether that date represents the
date the financial statements were issued or were available to be issued. It is
effective with interim and annual financial periods ending after June 15, 2009.
We adopted ASC 855-10 at the beginning of our 2009 third quarter. The adoption
did not have a significant impact on the subsequent events that we report,
either through recognition or disclosure, in our financial
statement
 
 In June
2009, the FASB issued ASC 105-10 (formerly SFAS 168), “The FASB Accounting
Standards Codification and the Hierarchy of Generally Accepted Accounting
Principles”. ASC 105-10 will become the source of authoritative U.S. GAAP
recognized by the FASB to be applied by nongovernment entities. It also modifies
the GAAP hierarchy to include only two levels of GAAP; authoritative and
nonauthoritative. ASC 105-10 is effective for financial statements issued for
interim and annual periods ending after September 15,
2009.  Therefore, the Company adopted ASC 105-10 for the reporting in
our 2009 third quarter. The adoption did not have a significant impact on the
reporting of our financial position, results of operations or cash
flows.
  F-7
 
 NOTE A- SUMMARY OF
SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)
 
 Recent Accounting
Pronouncements (continued)
 
 In April
2009, the FASB issued FSP FAS No. 115-2 and FAS No. 124-2, “Recognition and
Presentation of Other-Than-Temporary Impairments ". The objective of an
other-than-temporary impairment analysis under existing U.S. generally accepted
accounting principles (GAAP) is to determine whether the holder of an investment
in a debt or equity security for which changes in fair value are not regularly
recognized in earnings (such as securities classified as held-to-maturity or
available-for-sale) should recognize a loss in earnings when the investment is
impaired. An investment is impaired if the fair value of the investment is less
than its amortized cost basis. FSP FAS No. 115-2 and FAS No. 124-2 is effective
for interim and annual reporting periods ending after June 15, 2009, with early
adoption permitted for periods ending after March 15, 2009. Earlier adoption for
periods ending before March 15, 2009, is not permitted.  The
implementation of FSP FAS No. 115-2 and FAS No. 124-2 did not have a material
impact on the Company’s financial position and results of
operations.
 
 In April
2009, the FASB issued FSP FAS No. 107-1 and APB No. 28-1, “Interim Disclosures
about Fair Value of Financial Instruments". This FSP amends SFAS No. 107, Disclosures about Fair Value of
Financial Instruments,to require disclosures about fair value of
financialinstruments for interim
reporting periods of publicly traded companies as well as in annualfinancial statements.
This FSP also amends APB Opinion No. 28, Interim Financial Reporting,to require those disclosures in summarized financial information at
interim reporting periods. FSP FAS No. 107-1 is effective for interim reporting
periods ending after June 15, 2009, with early adoption permitted for periods
ending after March 15, 2009.  The implementation of FSP FAS No. 107-1
did not have a material impact on the Company’s financial position and results
of operations
 
 In April
2009, the FASB issued FASB Staff Position “FSP” No. SFAS 107-1 and APB 28-1,
“Interim Disclosures about Fair Value of Financial Instruments”.  This
FSP amends SFAS No. 107 to require disclosures about fair values of financial
instruments for interim reporting periods as well as in annual financial
statements.  The FSP also amends Accounting Principles Board Opinions
“APB Opinion” No. 28 to require those disclosures in summarized financial
information at interim reporting periods.  This FSP becomes effective
for interim reporting periods ending after June 15, 2009, with early adoption
permitted for periods ending after March 15, 2009.  The adoption of
this FSP is not expected to have a material impact on our financial
statements.
 
 In April
2009, the FASB issued FSP FAS No. 157-4, “Determining Fair Value When the Volume
and Level of Activity for the Asset or Liability Have Significantly Decreased
and Identifying Transactions That Are Not Orderly". This FSP provides additional
guidance for estimating fair value in accordance with FASB Statement No. 157,
Fair Value Measurements, when the volume and level of activity for the asset or
liability have significantly decreased. This FSP also includes guidance on
identifying circumstances that indicate a transaction is not orderly. FSP FAS
No. 157-4 is effective for interim and annual reporting periods ending after
June 15, 2009, and shall be applied prospectively.  The implementation
of FSP FAS No. 157-4 did not have a material on the Company’s financial position
and results of operations.
 
 In May
2009, the FASB issued SFAS No. 165, “Subsequent Events”.(“SFAS No. 165”)
This Statement establishes general standards of accounting for and disclosures
of events that occur after the balance sheet date but before financial
statements are issued or are available to be issued.  It requires the
disclosure of the date through which an entity has evaluated subsequent events
and the basis for that date and is effective for interim and annual periods
ending after June 15, 2009.  The adoption of SFAS No. 165 is not
expected to have a material impact on the Company’s financial
statements.
  F-8
 
 NOTE A- SUMMARY OF
SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)
 
 Recent Accounting
Pronouncements (continued)
 
 In June
2009, the Financial Accounting Standards Board issued Statement “FASB” issued
Statement No. 168, “The FASB Accounting Standards Codification and the Hierarchy
of Generally Accepted Accounting Principles” (“SFAS No. 168”).  SFAS
No. 168 will become the single source of authoritative nongovernmental U.S.
generally accepted accounting principles (“GAAP”), superseding existing FASB,
American Institute of Certified Public Accountants (“AICPA”), Emerging Issues
Task Force (“EITF”), and related accounting literature.  SFAS No. 168
reorganizes the thousands of GAAP pronouncements into roughly 90 accounting
topics and displays them using a consistent structure.  Also included
is relevant Securities and Exchange Commission guidance organized using the same
topical structure in separate sections.  SFAS No. 168 will be
effective for financial statements issued for reporting periods that end after
September 15, 2009.  This statement will have an impact on the
Company’s financial statements since all future references to authoritative
accounting literature will be references in accordance with SFAS No.
168.
 
 In June
2009, the FASB issued FSP Emerging Issues Task Force ("EITF") Issue No. 09-1,
“Accounting for Own-Share Lending Arrangements in Contemplation of Convertible
Debt Issuance or Other Financing”. This Issue is effective for fiscal years
beginning on or after December 15, 2009, and interim periods within those fiscal
years for arrangements outstanding as of the beginning of those fiscal years.
Share lending arrangements that have been terminated as a result of counterparty
default prior to the effective date of this Issue but for which the entity has
not reached a final settlement as of the effective date are within the scope of
this Issue. This Issue requires retrospective application for all arrangements
outstanding as of the beginning of fiscal years beginning on or after December
15, 2009. This Issue is effective for arrangements entered into on or after the
beginning of the first reporting period that begins on or after June 15, 2009.
Early adoption is not permitted. The Company is currently assessing the impact
of FSP EITF 09-1 on its financial position and results of
operations.
  NOTE B—SUPPLEMENTAL CASH
FLOW INFORMATION
 
 Supplemental
disclosures of cash flow information for the quarter ended September 30, 2009
and 2008 is summarized as follows:
 
 Cash paid
during the quarters ended September 30, 2009 and 2008 for interest and income
taxes:
 
 2009
                      
                      
                      2008Income
      Taxes
                      
                      $
                      —
                      
                      
                      $
                      —Interest
                      
                      $
                      —
                      
                      
                      $
                      —
 
 NOTE C—SEGMENT
REPORTING
 
 In June
1997, the Financial Accounting Standards Board issued Statement of Financial
Accounting Standards No. 131, “Disclosures about Segments of an
Enterprise and Related Information.”  This statement requires
companies to report information about operating segments in interim and annual
financial statements.  It also requires segment disclosures about
products and services, geographic areas and major customers.  The
Company determined that it did not have any separately reportable operating
segments as of September 30, 2009.
  F-9
 
 NOTE D—GOING
CONCERN
 
 The
accompanying financial statements have been prepared on a going concern basis,
which assumes the Company will realize its assets and discharge its liabilities
in the normal course of business.  As reflected in the accompanying
financial statements, the Company has a deficit accumulated during the
development stage of $16,210, used cash from operations of $12,970 since its
inception, and has a negative working capital of $16,110 at September 30,
2009.
 
 The
Company’s ability to continue as a going concern is dependent upon its ability
to generate future profitable operations and/or to obtain the necessary
financing to meet its obligations and repay its liabilities arising from normal
business operations when they come due.  The Company’s ability to
continue as a going concern is also dependent on its ability to find a suitable
target company and enter into a possible reverse merger with such
company.  Management’s plan includes obtaining additional funds by
equity financing through a reverse merger transaction and/or related party
advances; however there is no assurance of additional funding being
available.  These circumstances raise substantial doubt about the
Company’s ability to continue as a going concern. The accompanying financial
statements do not include any adjustments that might arise as a result of this
uncertainty.
 
 NOTE F—CAPITAL
STOCK
 
 The
Company is authorized to issue 100,000,000 common shares at $.0001 par value per
share.
 
 During
the quarter ended September 30, 2009, the Company did not issue any common
shares.
 
 As of
September 30, 2009, the Company had the following common shares
outstanding:
 
 Number of shares
                    
                    
                    Total Purchase PriceAnge
      Properties, LLC
                    
                    
                    500,000
                    
                    
                    $
                    50Garvin
      Strategic Capitol, LLC
                    
                    
                    250,000
                    
                    
                    
                    25Gideon
      Atlantic, LLC
                    
                    
                    250,000
                    
                    
                    
                    251,000,000
                    
                    
                    $
                    100
 
 The
Company is authorized to issue 10,000,000 preferred shares at $.0001 par value
per share.
 
 During
the the quarter ended September 30, 2009, the Company has not issued any
preferred shares of stock.
 
 NOTE G – DEVELOPMENT STAGE
COMPANY
 
 The
Company is in the development stage as of September 30, 2009 and to date has had
no significant operations.  Recovery of the Company’s assets is
dependent on future events, the outcome of which is indeterminable. In addition,
successful completion of the Company’s development program and its transition,
ultimately, to attaining profitable operations is dependent upon obtaining
adequate financing to fulfill its development activities and achieving a level
of sales adequate to support the Company’s cost structure.
 
 NOTE H—SHAREHOLDER
LOAN/RELATED PARTY
 
 The
Company has an outstanding Note Payable with a related party.  The
amount of the loan is $12,873 and it is payable on demand, the annual interest
rate on the note is 8%.  Accrued interest as of September 30, 2009 is
$1,240.
  F-10


Item
2. Management’s Discussion and Analysis or Plan of Operation.
 
 Overview.
 
 Tryon
Alpha, Inc. (“we”, “us” or the “Company”) was organized in the State of Nevada
on December 3, 2007.  We are a developmental stage company and have
not generated any revenues to date.  We were organized to serve as a
vehicle to acquire, through a reverse acquisition, merger, capital stock
exchange, asset acquisition or other similar business combination (“Business
Combination”), an operating or development stage business ("Target Business")
which desires to utilize our status as a reporting corporation under the
Securities Exchange Act of 1934.  We are currently in the process of
identifying and evaluating targets for a Business Combination.  We are
not presently engaged in, and will not engage in, any substantive commercial
business operations unless and until we consummate a Business
Combination.
 
 Our
management has broad discretion with respect to identifying and selecting a
prospective Target Business.  We have not established any specific
attributes or criteria (financial or otherwise) for prospective Target
Businesses.  Our sole officer and director has never served as an
officer or director of a development stage public company with the business
purpose of acquiring a Target Business.  Accordingly, he may not
successfully identify a Target Business or conclude a Business
Combination.   To the extent we affect a Business Combination
with a financially unstable company or an entity in its early stage of
development or growth, including entities without established records of sales
or earnings, we may be affected by numerous risks inherent in the business and
operations of financially unstable and early stage or potential emerging growth
companies.  If we consummate a Business Combination with a foreign
entity, we will be subject to all of the risks attendant to foreign
operations.  Although our management will endeavor to evaluate the
risks inherent in a particular Target Business, we cannot assure you that we
will properly ascertain or assess all significant risk factors.
 
 We expect
that in connection with any Business Combination, we will issue a significant
number of shares of our common stock (equal to at least 80% of the total number
of shares outstanding after giving effect to the transaction and likely, a
significantly higher percentage) in order to ensure that the Business
Combination qualifies as a “tax free” transaction under federal tax
laws.  The issuance of additional shares of our capital stock
will:
  ·
              significantly
      reduce the equity interest of our stockholders;
  and
 
 ·
              cause
      a change in likely result in the resignation or removal of one or more of
      our present officers and directors.
 
 Our
management anticipates that the Company likely will affect only one Business
Combination, due primarily to our financial resources and the dilution of
interest for present and prospective stockholders, which is likely to occur as a
result of our management's plan to offer a controlling interest to a Target
Business in order to achieve a tax-free reorganization.  This lack of
diversification should be considered a substantial risk in investing in us
because it will not permit us to offset potential losses from one venture
against potential gains from another.
 
 Liquidity and Capital
Resources.
 
 At
September 30, 2009, we had no cash on hand.  We will require funds to
cover our operating costs and expenses.  During the next twelve months
we anticipate that we will incur costs and expenses in connection with the
preparation and filing of reports under the Securities Exchange Act and the
identification and evaluation of targets for a Business
Combination.  Management expects to fund additional costs and expenses
which may be incurred in connection with due diligence activities and a Business
Combination through loans or further investment in the Company, as and when
necessary.
  2
  Since our
inception, we have not generated any revenues.  We reported a net loss
for the nine months ended September 30, 2009 of $1,004 and a net loss since
inception of $16,210.The Company has a deficit
accumulated during the development stage of $15,917, used cash from operations
of $12,970 since its inception, and has a negative working capital of $16,110 at
June 30, 2009.
 
 We cannot
provide investors with any assurance that we will have sufficient capital
resources to identify a suitable Target Business, to conduct effective due
diligence as to any Target Business or to consummate a Business
Combination.  As a result of our negative working capital, our losses
since inception and our failure to generate revenues from operations, our
financial statements include a note in which our auditor has expressed doubt
about our ability to continue as a "going concern."
 
 Results of
Operations.
 
 Since our inception, we have not
generated any revenues.  We do not expect to engage in any activities,
other than seeking to identify a Target Business, unless and until such time as
we enter into a Business Combination with a Target Business, if
ever.  We cannot provide investors with any assessment as to the
nature of a Target Business’s operations or speculate as to the status of its
products or operations, whether at the time of the Business Combination it will
be generating revenues or its future prospects.
 
 Item
3. Quantitative and Qualitative Disclosures About Market Risk.
 
 Not applicable.
 
 Item
4(T). Controls and Procedures.
 
 Evaluation
of Disclosure Controls and Procedures
 
 As of
September 30, 2009, the Company’s management carried out an evaluation, under
the supervision and with the participation of the Company’s Chief Executive
Officer, who is the Company’s principal executive officer and principal
financial officer, of the effectiveness of the design and operation of the
Company’s disclosure controls and procedures (as defined in Rules 13a-15 and
15d-15 under the Exchange Act), pursuant to Exchange Act Rule 13a-15. Based on
such evaluation, the Company’s Chief Executive Officer has concluded that the
Company's disclosure controls and procedures were effective.
  Changes
in Internal Controls
 
 There
have been no changes in the Company’s internal control over financial reporting
(as defined in Rules 13a-15 and 15d-15 under the Exchange Act) during the three
months ended September 30, 2009 that have materially affected, or are reasonably
likely to materially affect, the Company’s internal control over financial
reporting.
 
 PART
II — OTHER INFORMATION
 
 Item
1. Legal Proceedings.
 
 The
Company is not a party to any legal proceeding or litigation.
  3
  Item
1A. Risk Factors.
 
 Smaller
reporting companies are not required to provide the information required by this
item.
 
 Item
2. Unregistered Sales of Equity Securities and Use of Proceeds.
 
 (a) During
the three months ended September 30, 2009, the Company did not issue any
securities.
 
 (b) Not
applicable.
 
 (c)
During the three months ended September 30, 2009, neither the issuer nor any
"affiliated purchaser," as defined in Rule 10b-18(a)(13), purchased any shares
or other units of any class of the issuer's equity securities.
 
 Item
3. Defaults Upon Senior Securities.
 
 None.
 
 Item
4. Submission of Matters to a Vote of Security Holders.
 
 None.
 
 Item
5. Other Information.
 
 None.
 
 Item
6. Exhibits.
 
 Index to
Exhibits
  Exhibit
              Description31.1
              Certification
      of the Company’s Principal Executive Officer and Principal Financial
      Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002, with
      respect to the registrant’s Quarterly Report on Form 10-Q for the quarter
      ended September 30, 2009.32.1
              Certification
      of the Company’s Principal Executive Officer and Principal Financial
      Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section
      906 of the Sarbanes Oxley Act of
2002.
 
 *Pursuant to Commission Release
No. 33-8238, this certification will be treated as “accompanying” this
Quarterly Report on Form 10-Q and not “filed” as part of such report for
purposes of Section 18 of the Securities Exchange Act of 1934, as amended,
or otherwise subject to the liability of Section 18 of the Securities
Exchange Act of 1934, as amended, and this certification will not be deemed to
be incorporated by reference into any filing under the Securities Act of 1933,
as amended, or the Securities Exchange Act of 1934, as amended, except to the
extent that the registrant specifically incorporates it by
reference.
  4




SIGNATURES





Pursuant
to the requirements of the Securities Exchange Act of 1934, as amended, the
Registrant has duly caused the Report to be signed on its behalf by the
undersigned thereunto duly authorized.





TRYON ALPHA,
      INC.Date:  November
      13, 2009
            By:
            /s/ Mercer CauleyName:
            Mercer CauleyTitle:
            President
              (Principal Executive Officer and
              Principal Financial Officer)




5