UNITED
STATES SECURITIES AND EXCHANGE COMMISSION


WASHINGTON,
D.C. 20549


______________




FORM
10-QSB


______________




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




For
the quarterly period ended January 31, 2008




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




For
the transition period from ______________ to ______________




Commission
File No.  333-149235


______________




MOONSHINE
CREATIONS, INC.


(Exact
name of small business issuer as specified in its charter)


______________




NEVADA(State
      or other jurisdiction of
              incorporation
      or organization)
            (I.R.S.
      Employer Identification No.)160 Henry Martin Trail,Statesville,NC
            28625(Address
      of principal executive offices)
            (Zip
      Code)




704-592-2622(Issuer’s
      telephone number)




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




Check
whether the registrant has filed all documents and reports required to be filed
by Sections 12, 13, or 15(d) of the Exchange Act subsequent to the distribution
of securities under a plan confirmed by a court. Yes o  No
x




Indicate
by check mark whether the registrant is a shell company as defined in Rule 12b-2
of the Exchange Act.


Yes x No
o




State the
number of shares outstanding of each of the issuer’s classes of common equity,
as of April 14, 2008: 5,635,500 shares of common stock.




Transitional
Small Business Disclosure Format (check one): Yes o No x













1







TABLE
OF CONTENTS




PART
      I - FINANCIAL INFORMATIONItem
      1.  Financial InformationItem
      2.  Management’s Discussion and Analysis or Plan of
      OperationItem
      3.  Controls and ProceduresPART
      II -OTHER INFORMATIONItem
      1.  Legal Proceedings.Item
      2.  Unregistered Sales of Equity Securities and Use of
      Proceeds.Item
      3.  Defaults Upon Senior Securities.Item
      4.  Submission of Matters to a Vote of Security
    Holders.Item
      5.  Other Information.Item
      6.  Exhibits and Reports of Form 8-K.SIGNATURES








2











PART
I - FINANCIAL INFORMATION





Item
1.                                 Financial
Information





MOONSHINE
      CREATIONS, INC.(A
      DEVELOPMENT STAGE COMPANY)BALANCE
      SHEETAS
      OF JANUARY 31, 2008(Unaudited)ASSETSCURRENT
      ASSETSCash
              
              $
              63,519TOTAL
      ASSETS
              
              $
              63,519LIABILITIES
      AND STOCKHOLDERS' EQUITYCURRENT
      LIABILITIESAccounts payable
              
              $
              10,000Related party advances
              
              
              1,000TOTAL
      LIABILITIES
              
              $
              11,000STOCKHOLDERS'
      EQUITYPreferred stock, $0.00001 par value, 10,000,000 shares
      authorized,none issued and outstanding
              
              $
              -Common stock, $0.00001 par value, 100,000,000 shares
      authorized,5,635,500 shares issued and outstanding
              
              
              56Additional paid-in capital
              
              
              63,284Subscriptions Receivable
              
              
              (50
              )Accumulated deficit during development stage
              
              
              (10,771
              )TOTAL
      STOCKHOLDERS' EQUITY
              
              $
              52,519TOTAL
      LIABILITIES AND STOCKHOLDERS' EQUITY
              
              $
              63,519










3






MOONSHINE
      CREATIONS, INC.(A
      DEVELOPMENT STAGE COMPANY)STATEMENT
      OF OPERATIONS(Unaudited)
              
              For
      The
              
              
              For
      The PeriodThree
      Months ended
              
              
              April
      10, 2007 (Inception)January
      31, 2008
              
              
              to
      January 31, 2008REVENUES
              
              $
              -
              
              
              $
              -EXPENSESGeneral
      and administrative
              
              
              31
              
              
              
              1,031Salary
      Expense
              
              
              2,500
              
              
              
              8,033Rent
              
              
              600
              
              
              
              1,707Total
      Expenses
              
              
              3,131
              
              
              
              10,771LOSS
      FROM OPERATIONS (BEFORE TAXES)
              
              
              (3,131
              )
              
              
              (10,771
              )INCOME
      TAX EXPENSE
              
              
              -
              
              
              
              -NET
      LOSS
              
              $
              (3,131
              )
              
              $
              (10,771
              )NET
      INCOME (LOSS) PER SHARE,BASIC
      AND DILUTED
              
              $
              -WEIGHTED
      AVERAGE NUMBER OFCOMMON
      SHARES OUTSTANDING,BASIC
      AND DILUTED
              
              
              5,395,000















4






MOONSHINE
      CREATIONS, INC.(A
      DEVELOPMENT STAGE COMPANY)STATEMENT
      OF STOCKHOLDERS' EQUITYFrom
      APRIL 10, 2007 (INCEPTION) TO JANUAY 31, 2008(Unaudited)AccumulatedDeficit
              
              
              TotalSubscription
              
              
              Additional
              
              
              During
              
              
              Stockholders'Preferred
      Stock
              
              
              Common
      Stock
              
              
              Receivable
              
              
              Paid-in
              
              
              Development
              
              
              EquityBalance,
      April 10 2007 (Inception)
              
              
              -
              
              
              $
              -
              
              
              
              -
              
              
              $
              -
              
              
              $
              
              
              
              $
              -
              
              
              $
              -
              
              
              $
              -Shares
      issued to founders at $0.00001 per share
              
              
              -
              
              
              
              -
              
              
              
              5,000,000
              
              
              
              50
              
              
              
              (50
              )
              
              
              -
              
              
              
              -
              
              
              
              -Stock
      issued for cash at $0.10 per share
              
              
              -
              
              
              
              -
              
              
              
              395,000
              
              
              
              4
              
              
              
              
              
              
              
              39,496
              
              
              
              -
              
              
              
              39,500In
      kind contribution of services
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              
              
              
              
              5,533
              
              
              
              -
              
              
              
              5,533In
      kind contribution of office expenses
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              1,107
              
              
              
              
              
              
              
              1,107Net
      profit (loss) for the period Inception to October 31,
      2007
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              
              
              
              
              -
              
              
              
              (7,640
              )
              
              
              (7,640
              )Balance,
      October 31, 2007
              
              
              -
              
              
              $
              -
              
              
              
              5,395,000
              
              
              $
              54
              
              
              $
              (50
              )
              
              $
              46,136
              
              
              $
              (7,640
              )
              
              $
              38,500Shares
      issued to founders at $0.00001 per share
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              -Stock
      issued for cash at $0.10 per share, less offering costs of
      $10,000
              
              
              -
              
              
              
              -
              
              
              
              240,500
              
              
              
              2
              
              
              
              
              
              
              
              14,048
              
              
              
              -
              
              
              
              14,050In
      kind contribution of services
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              
              
              
              
              2,500
              
              
              
              -
              
              
              
              2,500In
      kind contribution of office expenses
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              600
              
              
              
              
              
              
              
              600Net
      profit (loss) for the period November 1, 2007 to January 31,
      2008
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              
              
              
              
              -
              
              
              
              (3,131
              )
              
              
              (3,131
              )Balance,
      January 31, 2008
              
              
              -
              
              
              $
              -
              
              
              
              5,635,500
              
              
              $
              56
              
              
              $
              (50
              )
              
              $
              63,284
              
              
              $
              (10,771
              )
              
              $
              52,519











5






MOONSHINE
      CREATIONS, INC.(A
      DEVELOPMENT STAGE COMPANY)STATEMENT
      OF CASH FLOWS(Unaudited)For
      The
              
              
              For
      The PeriodThree
      Months ended
              
              
              April
      10, 2007 (Inception)January
      31, 2008
              
              
              to
      January 31, 2008CASH
      FLOWS FROM OPERATING ACTIVITIES:Net loss
              
              $
              (3,131
              )
              
              $
              (10,771
              )Adjustments to reconcile net loss to net cash used in operating
      activities:In-kind
      contribution of office expenses
              
              
              600
              
              
              
              1,707In-kind
      contribution of services
              
              
              2,500
              
              
              
              8,033Changes in Assets and LiabilitiesIncrease (Decrease) in accounts payable
              
              
              10,000
              
              
              
              10,000Increase (Decrease) in related party advances
              
              
              -
              
              
              
              1,000Net cash used in operating activities
              
              
              9,969
              
              
              
              9,969CASH
      FLOWS FROM INVESTING ACTIVITIES:
              
              
              -
              
              
              
              -CASH
      FLOWS FROM FINANCING ACTIVITIES:Proceeds from issuance of common stock
              
              
              14,050
              
              
              
              53,550Net cash provided by financing activities
              
              
              14,050
              
              
              
              53,550NET
      INCREASE (DECREASE) IN CASH
              
              
              24,019
              
              
              
              63,519CASH,
      BEGINNING OF PERIOD
              
              
              39,500
              
              
              
              -CASH,
      END OF PERIOD
              
              $
              63,519
              
              
              $
              63,519SUPPLEMENTAL
      CASH FLOW INFORMATION:Interest paid
              
              $
              -
              
              
              $
              -Income taxes paid
              
              $
              -
              
              
              $
              -

















6






MOONSHINE
CREATIONS, INC.
 (A
DEVELOPMENT STAGE COMPANY)
 NOTES
TO FINANCIAL STATEMENTS
 (UNAUDITED)
 AS OF JANUARY 31,
2008






NOTE
      1
              SUMMARY OF SIGNIFICANT
      ACCOUNTING POLICIES AND
ORGANIZATION
 
 (A) Basis of
Presentation
  The
accompanying unaudited financial statements have been prepared in accordance
with accounting principles generally accepted in the United States of America
and the rules and regulations of the Securities and Exchange Commission for
interim financial information.  Accordingly, they do not include all
the information necessary for a comprehensive presentation of financial position
and results of operations.
  It is
management's opinion, however that all material adjustments (consisting of
normal recurring adjustments) have been made which are necessary for a fair
financial statements presentation.  The results for the interim period
are not necessarily indicative of the results to be expected for the
year.
 
 (B)
Organization
 
 Moonshine
Creations, Inc. (a development stage company) (the “Company”) was incorporated
under the laws of the State of Nevada on April 10, 2007  The Company
was organized to create an online craft store focusing on one of a kind and
unique craft items made in the southeastern United States. Activities during the
development stage include developing the business plan and raising
capital.
 
 (C) Use of
Estimates
 
 In
preparing financial statements in conformity with generally accepted accounting
principles, management is required to make estimates and assumptions that affect
the reported amounts of assets and liabilities and the disclosure of contingent
assets and liabilities at the date of the financial statements and revenues and
expenses during the reported period.  Actual results could differ from
those estimates.
 
 (D) Cash and Cash
Equivalents
 
 For
purposes of the cash flow statements, the Company considers all highly liquid
investments with original maturities of three months or less at the time of
purchase to be cash equivalents.
 
 (E) Income
Taxes
 
 The
Company accounts for income taxes under the Statement of Financial Accounting
Standards No. 109, “Accounting for Income Taxes” (“Statement
109”).  Under Statement 109, deferred tax assets and liabilities are
recognized for the future tax consequences attributable to differences between
the financial statement carrying amounts of existing assets and liabilities and
their respective tax bases.  Deferred tax assets and liabilities are
measured using enacted tax rates expected to apply to taxable income in the
years in which those temporary differences are expected to be recovered or
settled.  Under Statement 109, the effect on deferred tax assets and
liabilities of a change in tax rates is recognized in income in the period that
includes the enactment date.
 
 
 7
   MOONSHINE
CREATIONS, INC.
 (A
DEVELOPMENT STAGE COMPANY)
 NOTES
TO FINANCIAL STATEMENTS
 (UNAUDITED)
 AS OF JANUARY 31,
2008
  
 (F) Loss Per
Share
 
 Basic and
diluted net loss per common share is computed based upon the weighted average
common shares outstanding as defined by Financial Accounting Standards No. 128,
“Earnings Per Share.”  As of January 31, 2008, there were no common
share equivalents outstanding.
 
 (G) Business
Segments
 
 The
Company operates in one segment and therefore segment information is not
presented.
 
 (H)
Revenue Recognition
   Revenue
from support services is recognized when earned and realizable, which is when
persuasive evidence of an arrangement exists, services, if requested by the
customers, have been rendered and are determinable, and collectability is
reasonably assured.  Revenue from telephone support service contracts
is recognized as the services are provided, determined on an hourly
basis.
  (I) Recent Accounting
Pronouncements
 
 In
September 2006, the FASB issued SFAS No. 157, “Fair Value Measurements”. The
objective of SFAS 157 is to increase consistency and comparability in fair value
measurements and to expand disclosures about fair value
measurements.  SFAS 157 defines fair value, establishes a framework
for measuring fair value in generally accepted accounting principles, and
expands disclosures about fair value measurements. SFAS 157 applies under other
accounting pronouncements that require or permit fair value measurements and
does not require any new fair value measurements. The provisions of SFAS No. 157
are effective for fair value measurements made in fiscal years beginning after
November 15, 2007. The adoption of this statement is not expected to have a
material effect on the Company's future reported financial position or results
of operations.
  In
February 2007, the Financial Accounting Standards Board (FASB) issued SFAS No.
159, “The Fair Value Option
for Financial Assets and Financial Liabilities – Including an Amendment of FASB
Statement No. 115”.  This statement permits entities to choose
to measure many financial instruments and certain other items at fair value.
Most of the provisions of SFAS No. 159 apply only to entities that elect the
fair value option. However, the amendment to SFAS No. 115 “Accounting for Certain Investments
in Debt and Equity Securities” applies to all entities with
available-for-sale and trading securities. SFAS No. 159 is effective as of the
beginning of an entity’s first fiscal year that begins after November 15, 2007.
Early adoption is permitted as of the beginning of a fiscal year that begins on
or before November 15, 2007, provided the entity also elects to apply the
provision of SFAS No. 157, “Fair Value Measurements”. The
adoption of this statement is not expected to have a material effect on the
Company's financial statements.
 In
December 2007, the Financial Accounting Standards Board (FASB) issued SFAS No.
160, “Noncontrolling Interests
in Consolidated Financial Statements – an amendment of ARB No.
51”.  This statement improves the relevance, comparability, and
transparency of the financial information that a reporting entity provides in
its consolidated financial statements by establishing accounting and reporting
standards that require; the ownership interests in subsidiaries held by parties
other than the parent and the amount of consolidated net income attributable to
the parent and to the noncontrolling interest be clearly identified and
presented on the face of the consolidated statement of income, changes in a
parent’s ownership interest while the parent retains its controlling financial
interest in its subsidiary be accounted for consistently, when a subsidiary is
deconsolidated, any retained noncontrolling equity investment in the former
subsidiary be initially measured at fair value, entities provide sufficient
disclosures that clearly identify and distinguish between the interests of the
parent and the interests of the noncontrolling owners.  SFAS No. 160
affects those entities that have an outstanding noncontrolling interest in one
or more subsidiaries or that deconsolidate a subsidiary.  SFAS No. 160
is effective for fiscal years, and interim periods within those fiscal years,
beginning on or after December 15, 2008. Early adoption is prohibited. The
adoption of this statement is not expected to have a material effect on the
Company's financial statements.
    8
  MOONSHINE
CREATIONS, INC.
 (A
DEVELOPMENT STAGE COMPANY)
 NOTES
TO FINANCIAL STATEMENTS
 (UNAUDITED)
 AS OF JANUARY 31,
2008
 
 NOTE
      2
              GOING
      CONCERN
  As
reflected in the accompanying financial statements, the Company is in the
development stage with no operations and a net loss from operations of $10,771
from inception.  This raises substantial doubt about its ability to
continue as a going concern.  The ability of the Company to continue
as a going concern is dependent on the Company’s ability to raise additional
capital and implement its business plan.  The financial statements do
not include any adjustments that might be necessary if the Company is unable to
continue as a going concern.
  NOTE
      3
              RELATED PARTY
      ADVANCE
 
 During
2007, a related party of the Company paid $1,000 of operating expenses on behalf
of the Company.
 
 NOTE
      4
              STOCKHOLDERS’
      EQUITY
 
 (A) Common Stock Issued for
Cash
 
 On July
25, 2007, the Company issued 5,000,000 shares of common stock to its founder for
cash of $50 ($0.00001 per share).
 
 During
the period from April 10, 2007 (Inception) to January 31, 2008 the Company
issued 635,500 shares of common stock for cash of $63,550 ($.10 per share) and
paid offering costs of $10,000.
 (B) In-kind Contribution of
Services
 During
the period from April 10, 2007 (Inception) to January 31, 2008 the Company’s
president contributed services and office space with a fair value of $8,033 and
$1,707 respectively.
 
 
 NOTE
      5
                RELATED PARTY
      TRANSACTIONS
 
 The
president of the Company received 5,000,000 shares of common stock for cash of
$50 ($0.00001 per share) (See Note 4).
 
 During
2007, a related party of the Company paid $1,000 of operating expenses on behalf
of the Company.  (See Note 3)
 During
the period from April 10, 2007 (Inception) to January 31, 2008 the Company’s
president contributed services and office space with a fair value of $8,033 and
$1,707 respectively (See Note 4).
   9




Item
2.                                   Management’s Discussion and Analysis
or Plan of Operation





Plan of
Operation




Moonshine
Creations, Inc. was incorporated in the State of Nevada on April 10,
2007.  Our plan is to create an online craft store. We will focus on
one of a kind and unique craft items made in the southeast United States.
Moonshine creations will locate and contact the artisans and explain the
opportunity of displaying their items on our website. We will receive
commissions for our website service.  We will provide the marketing,
receive payments, be responsible for the taxes and provide the customer service.
We will then notify the artisan of the sale and arrange for the shipping.
Initially, the artist will be contacted and the website will be maintained by
our President, Ms. Victoria Callanan. Ms. Callanan intends to hire additional
assistants and representatives as our client base expands.





Marketing





We plan
to utilize different channels for our marketing. We intend for our website to be
promoted by web placement services for example, Google Adwords and www.1-2-3webposition.com.
We also intend to promote our website by advertising in magazines such as
Southern Living, Cottage Living, Cottage Home, Better Homes and Gardens and
various other small regional publications. We also plan to set up booths at
craft fairs and pass out information inviting guest to visit our website. We
intend to further promote our website using a grass roots method by utilizing
Craft Blogs, www.myspace.com,
www.facebook.com, and
www.bizfriends.com.




Website





Currently
our website is being developed under the domain name moonshinecreationsinc.com.
We believe the development cost of our site will be $15,000 and the cost for
hosting will be $350 per month and we intend to use the proceeds from the
offering which we completed in January 2008 to meet these costs. We intend for
our website to use Flash and High resolution photos as well as possess the
capability to show short videos of variously featured craft items. Our website
will be updated on a daily basis to reflect current inventories.





On our
website, all of the craft items will be broken down in different categories
according to the craft medium. For example: pottery, glass, jewelry, home
accessories, stationary, wood, leather, metal, outdoor items and other
categories as well.  The website will also have a shopping cart
allowing customers to purchase more than one item at a time. All items will have
descriptions and high resolution photos and certain designated items will have a
short video. In addition, we also plan to have a section featuring different
artist’s profile and their specialty items. Also, there will be a secure log-on
section where artisans can access detailed information related to their
craft.





Competition





Our
business will put us in direct competition with craft fairs, existing craft
websites, individual artisans who have websites and mega
websites.  There are many craft fairs in the southeast including but
not limited to NationalGospel & Harvest
Celebration, North Carolina Seafood Festival, Red River Revel Arts
Festival,The
Cotton Pickin’ Fair, and Gasparilla. These fairs offer a variety of exhibitors
depending on the individual fairs. Some of the existing craft websites are
craftsfaironline.com, thecountrygallery.net, craftsolutions.com and
indianchild.com. All of these websites provide a variety of services. In
addition to the existing craft websites, there are individual artisans that will
have their own websites





Plan
of Operation





Our
specific goal is to sell one-of-a-kind craft items made in the southeast to
customers.  We intend to accomplish the foregoing through the
following milestones:


1.
            We
      plan to begin to establish our office and acquire the computer and office
      equipment we need to begin operations during the first half of 2008.
      Establishing our offices will take up to 30 days. We believe that it will
      cost $30,000 to establish our office and secure the necessary computer
      equipment and software. We do not intend to hire employees. Our sole
      officer and director will handle our administrative
  duties.





2.
            After
      our office is established, we intend to contact artisans to offer their
      items on our website.  We plan to attend craft fairs that are
      oriented towards meeting new artisans in the southeastern United States
      and creating opportunities for us to develop important relationships with
      them. We intend to hire an outside web designer to begin development of
      our website toward the end of the first half of 2008. We believe that it
      will cost up to $10,000 initially to have our website operational. The
      initial operation of the website is anticipated to be ready by the end of
      the second quarter of 2008.








10






3.
            As
      soon as our website is operational, we will begin to market our website in
      the southeastern United States and through traditional sources such as
      trade magazines, craft fairs, newspaper advertising, telephone directories
      and flyers / mailers.  Potential clients can simply click on
      links to become connected to our website from search engines. We believe
      that it will cost a minimum of $10,000 for our marketing campaign.
      Marketing is an ongoing matter that will continue during the life of our
      operations.





4.
            We
      believe that we will begin selling craft items from our website during the
      third quarter of 2008.





In
summary, we anticipate that we will be fully operational by the end of the
second quarter of 2008. We estimate that we will begin to generate revenue
during the third quarter of 2008. If we cannot generate sufficient revenues to
continue operations, we will suspend or cease operations.




Results of
Operation




We did
not have any operating income from inception through January 31, 2008. For the
three months ended January 31, 2008, the registrant recognized a net loss of
$3,131 and for the period from inception through January 31, 2008, the
registrant recognized net loss of $10,771. Expenses for the quarter were
comprised of $31 in administrative costs, $2,500 in salary, and $600 in
rent.
  Liquidity and Capital
Resources
  As of
January 31, 2008, we had $63,519 in cash.
  We
believe we can not satisfy our cash requirements for the next twelve months with
our current cash. However, if we are unable to satisfy our cash requirements we
may be unable to proceed with our plan of operations.  We do not anticipate
the purchase or sale of any significant equipment. We also do not expect any
significant additions to the number of employees. The foregoing represents our
best estimate of our cash needs based on current planning and business
conditions.  In the event we are not successful in reaching our initial
revenue targets, additional funds may be required, and we may not be able to
proceed with our business plan for the development and marketing of our core
services. Should this occur, we will suspend or cease
operations.





We
anticipate that depending on market conditions and our plan of operations, we
may incur operating losses in the foreseeable future. Therefore, our auditors
have raised substantial doubt about our ability to continue as a going
concern.





Critical Accounting
Policies




Our
financial statements and related public financial information are based on the
application of accounting principles generally accepted in the United States
(“GAAP”). GAAP requires the use of estimates; assumptions, judgments and
subjective interpretations of accounting principles that have an impact on the
assets, liabilities, revenues and expense amounts reported. These estimates can
also affect supplemental information contained in our external disclosures
including information regarding contingencies, risk and financial condition. We
believe our use if estimates and underlying accounting assumptions adhere to
GAAP and are consistently and conservatively applied. We base our estimates on
historical experience and on various other assumptions that we believe to be
reasonable under the circumstances. Actual results may differ materially from
these estimates under different assumptions or conditions. We continue to
monitor significant estimates made during the preparation of our financial
statements.




Recent Accounting
Pronouncements





In
September 2006, the FASB issued SFAS No. 157, “Fair Value Measurements”. The
objective of SFAS 157 is to increase consistency and comparability in fair value
measurements and to expand disclosures about fair value
measurements.  SFAS 157 defines fair value, establishes a framework
for measuring fair value in generally accepted accounting principles, and
expands disclosures about fair value measurements. SFAS 157 applies under other
accounting pronouncements that require or permit fair value measurements and
does not require any new fair value measurements. The provisions of SFAS No. 157
are effective for fair value measurements made in fiscal years beginning after
November 15, 2007. The adoption of this statement is not expected to have a
material effect on the Company's future reported financial position or results
of operations.






11







In
February 2007, the Financial Accounting Standards Board (FASB) issued SFAS No.
159, “The Fair Value Option
for Financial Assets and Financial Liabilities – Including an Amendment of FASB
Statement No. 115”.  This statement permits entities to choose
to measure many financial instruments and certain other items at fair value.
Most of the provisions of SFAS No. 159 apply only to entities that elect the
fair value option. However, the amendment to SFAS No. 115 “Accounting for Certain Investments
in Debt and Equity Securities” applies to all entities with
available-for-sale and trading securities. SFAS No. 159 is effective as of the
beginning of an entity’s first fiscal year that begins after November 15, 2007.
Early adoption is permitted as of the beginning of a fiscal year that begins on
or before November 15, 2007, provided the entity also elects to apply the
provision of SFAS No. 157, “Fair Value Measurements”. The
adoption of this statement is not expected to have a material effect on the
Company's financial statements.




In
December 2007, the Financial Accounting Standards Board (FASB) issued SFAS No.
160, “Noncontrolling Interests
in Consolidated Financial Statements – an amendment of ARB No.
51”.  This statement improves the relevance, comparability, and
transparency of the financial information that a reporting entity provides in
its consolidated financial statements by establishing accounting and reporting
standards that require; the ownership interests in subsidiaries held by parties
other than the parent and the amount of consolidated net income attributable to
the parent and to the noncontrolling interest be clearly identified and
presented on the face of the consolidated statement of income, changes in a
parent’s ownership interest while the parent retains its controlling financial
interest in its subsidiary be accounted for consistently, when a subsidiary is
deconsolidated, any retained noncontrolling equity investment in the former
subsidiary be initially measured at fair value, entities provide sufficient
disclosures that clearly identify and distinguish between the interests of the
parent and the interests of the noncontrolling owners.  SFAS No. 160
affects those entities that have an outstanding noncontrolling interest in one
or more subsidiaries or that deconsolidate a subsidiary.  SFAS No. 160
is effective for fiscal years, and interim periods within those fiscal years,
beginning on or after December 15, 2008. Early adoption is prohibited. The
adoption of this statement is not expected to have a material effect on the
Company's financial statements.


Off-Balance Sheet
Arrangements




We have
no off-balance sheet arrangements.




Item
3.                      
Controls and Procedures




Evaluation of disclosure
controls and procedures




Under the
supervision and with the participation of our management, including our
principal executive officer and principal financial officer, we conducted an
evaluation of our disclosure controls and procedures, as such term is defined
under Rule 13a-15(e) and Rule 15d-15(e) promulgated under the Securities
Exchange Act of 1934, as amended (Exchange Act), as of January 31, 2008. Based
on this evaluation, our principal executive officer and principal financial
officer have concluded that our disclosure controls and procedures are effective
to ensure that information required to be disclosed by us in the reports we file
or submit under the Exchange Act is recorded, processed, summarized, and
reported within the time periods specified in the Securities and Exchange
Commission’s rules and forms and that our disclosure and controls are designed
to ensure that information required to be disclosed by us in the reports that we
file or submit under the Exchange Act is accumulated and communicated to our
management, including our principal executive officer and principal financial
officer, or persons performing similar functions, as appropriate to allow timely
decisions regarding required disclosure





Changes in internal
controls




There
were no changes (including corrective actions with regard to significant
deficiencies or material weaknesses) in our internal controls over financial
reporting that occurred during the quarter ended January 31, 2008 that has
materially affected, or is reasonably likely to materially affect, our internal
control over financial reporting.







12






PART
II - OTHER INFORMATION





Item
1.                       Legal
Proceedings.




We are
currently not a party to any pending legal proceedings and no such actions by,
or to the best of our knowledge, against us have been threatened.




Item
2.                       
Unregistered Sales of Equity Securities and Use of Proceeds.




None





Item
3.                      
Defaults Upon Senior Securities.




None





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




No matter
was submitted during the quarter ending January 31, 2008, covered by this report
to a vote of our shareholders, through the solicitation of proxies or
otherwise.





Item
5.                      
Other Information.




None





Item
6.                      
Exhibits and Reports of Form 8-K.




(a)
            Reports
      on Form 8-K and Form 8K-ANone(b)
            ExhibitsExhibit
      Number
            Exhibit
      Title3.1
            Certificate
      of Incorporation*3.3
            By-Laws
      *31.1
            Certification
      of Victoria Callanan pursuant to 18 U.S.C. Section 1350 as adopted
      pursuant to Section 302 of the Sarbanes-Oxley Act of
  2002.32.1
            Certification
      of Victoria Callanan pursuant to 18 U.S.C. Section 1350 as adopted
      pursuant to Section 906 of the Sarbanes-Oxley Act of
  2002.*Incorporated
      by reference to our registration statement on Form S-1 filed on February
      14, 2008 (File no: 333-149235)












13









SIGNATURES




In
accordance with Section 13 or 15(d) of the Exchange Act, the registrant caused
this report to be signed on its behalf by the undersigned, there unto duly
authorized.




MOONSHINE
      CREATIONS, INC.By:
            /s/ Victoria
      CallananVictoria
      Callanan
              Chief
      Executive Officer
              Chief
      Financial OfficerDated:
            April
      14, 2008