UNITED
STATES


SECURITIES
AND EXCHANGE COMMISSION


Washington,
D.C. 20549





FORM
10-K





(Mark
One)





[X]
                            Annual
      Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of
      1934For
      the Fiscal Year Ended December 31,
      2008[   ]
                            Transition
      Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of
      1934For
      the Transition Period from __________ to ___________Commission
      File Number: 333-140276WHITE
      DENTAL SUPPLY, INC.(Name
      of small business issuer in its charter)Nevada
                            20-4622782(State
      or other jurisdiction of incorporation or organization)
                            (I.R.S.
      employer identification number)11677
      N. 91st
      Place
                              Scottsdale,
      Arizona
                            85260(Address
      of principal executive offices)
                            (Zip
      code)Issuer’s
      telephone number: (480) 330-1922Securities
      Registered Pursuant to Section 12(b) of the Act:Title
      of each class
                            Name
      of each exchange on which registeredNone
                            NoneSecurities
      Registered Pursuant to Section 12(g) of the Act:None(Title
      of class)(Title
      of
class)




















Indicate
by check mark if the registrant is a well-known seasoned issuer, as defined in
Rule 405 of the Securities Act.


Yes
[   ]   No [X]





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





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





Indicate
by check mark if disclosure of delinquent filers pursuant to Item 405 of
Regulation S-K (§229.405) is not contained herein, and will not be contained, to
the best of registrant's knowledge, in definitive proxy or information
statements incorporated by reference in Part III of this Form 10-K or any
amendment to this Form 10-K.  [   ]





Indicate
by check mark whether the Registrant is a large accelerated filer, an
accelerated filer, a non-accelerated filer, or a smaller reporting
company.  See 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)


Yes
[X]   No [   ]





The
aggregate market value of the voting and non-voting common equity held by
non-affiliates computed by reference to the most recent price at which the
common equity was sold: $40,000 as of March 30,
2009.





The
number of shares outstanding of each of the issuer's classes of common equity,
as of March 30, 2009 was 99,450,000.





DOCUMENTS
INCORPORATED BY REFERENCE





If the
following documents are incorporated by reference, briefly describe them and
identify the part of the Form 10-KSB (e.g., Part I, Part II, etc.) into which
the document is incorporated: (1) any annual report to security holders; (2) any
proxy or information statement; and (3) any prospectus filed pursuant to Rule
424(b) or (c) of the Securities Act of 1933 ("Securities Act").  The
listed documents should be clearly described for identification purposes (e.g.,
annual report to security holders for fiscal year ended December 24,
1990).





None.





Transitional
Small Business Disclosure Format (Check one): Yes [   ] No
[X]














2


WHITE
DENTAL SUPPLY, INC.


FORM
10-K


For the
year ended December 31, 2008





TABLE
OF CONTENTS








PART I
              4DESCRIPTION OF BUSINESS
              4RISK FACTORS
              6UNRESOLVED STAFF COMMENTS
              8PROPERTIES
              8LEGAL PROCEEDINGS
              9SUBMISSION OF MATTERS TO A VOTE OF SECURITY
      HOLDERS
              9PART II
              9MARKET FOR REGISTRANT’S COMMON EQUITY AND RELATED
      STOCKHOLDER MATTERS MARKET INFORMATION FOR COMMON
STOCK
              9MANAGEMENT’S DISCUSSION AND PLAN OF
      OPERATIONS
              10FINANCIAL STATEMENTS AND SUPPLEMENTARY
      DATA
              12CHANGES IN AND DISAGREEMENTS WITH
      ACCOUNTANTS
              28CONTROLS AND PROCEDURES
              28OTHER INFORMATION
              29PART III
              30DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE
      GOVERNANCE
              30EXECUTIVE COMPENSATION
              32SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND
      MANAGEMENT
              32CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND
      DIRECTOR INDEPENDENCE
              33PRINCIPAL ACCOUNTING FEES AND
    SERVICES
              33EXHIBITS
              33SIGNATURES
              34























3


FORWARD
LOOKING STATEMENTS





This
Annual Report contains forward-looking statements about our business, financial
condition and prospects that reflect our management’s assumptions and beliefs
based on information currently available.  We can give no assurance
that the expectations indicated by such forward-looking statements will be
realized.  If any of our assumptions should prove incorrect, or if any
of the risks and uncertainties underlying such expectations should materialize,
our actual results may differ materially from those indicated by the
forward-looking statements.





The key
factors that are not within our control and that may have a direct bearing on
operating results include, but are not limited to, acceptance of our services,
our ability to expand its customer base, managements’ ability to raise capital
in the future, the retention of key employees and changes in the regulation of
our industry.





There may
be other risks and circumstances that management may be unable to
predict.  When used in this Report, words such as,  "believes,"  "expects,"
"intends,"  "plans,"  "anticipates,"  "estimates"and similar
expressions are intended to identify and qualify forward-looking statements,
although there may be certain forward-looking statements not accompanied by such
expressions.





PART I





DESCRIPTION OF BUSINESS





Business
Development and Summary





White
Dental Supply, Inc. was incorporated in Nevada on March 29, 2006.





Our
administrative office is located at 11677 N. 91st Place,
Scottsdale, AZ 85260.





Our
fiscal year end is December 31.





Business
of Issuer





Principal
Products and Principal Markets





We are a
retailer of disposable and consumable prophylactic dental products, including,
without limitation, pastes, brushes, sterilization products and other cleaning
and preventive dental supplies.  We target dental professionals, as
well as home users, initially in the Phoenix, Arizona metropolitan
area.





Our
management believes that citizens in the United States and most other
industrialized nations generally believe that regularly cleaning teeth is
effective in improving oral health by reducing the occurrence of cavities,
gingivitis and periodontal disease.  Since simple brushing, annual
dental check-ups and other preventive activities are generally less expensive
than visiting a dental professional to treat dental diseases and decay, an
increasing number of consumers have recognized the cost effectiveness of
practicing preventive dentistry.





Nancy
White, our President, undertakes all merchandising activities.  We do
not manufacture or produce any item in-house.  We purchased all
products in our inventory from third-party manufacturers or
suppliers.





Distribution
Methods of the Products and Services





To
fulfill customer orders for resale merchandise, we use general parcel services
such as United Parcel Service, DHL and Federal Express, as well as the United
States Postal Service.





Industry
Background and Competition





The
market for dental products is very competitive, highly fragmented and
characterized by pricing pressures, quality of customer service, breadth and
depth of product selection, as well as convenience, reliability and
accessibility.  We expect to compete with many online and physical
retailers that either specialize in dental products or carry dental supplies as
a complementary offering.  Our competitors can be divided into several
groups:





4





1.
            Local
      dental offices that sell products to supplement their
    income;





2.
            Mass-market
      retailers and grocery and drug stores that may operate nationally, like
      Wal-Mart and Albertsons, or on a localized, sole proprietor
      basis;





3.
            Wholesalers
      and manufacturers of dental supplies with direct sales capabilities;
      and





4.
            Mail-order
      and on-line dental supply companies, such as Patterson Dental, Scott’s
      Dental Supply and Pearson Dental
Supplies.





Our
management believes there exists significantly similar, and often competitively
priced, merchandise sold by numerous competitors of varying sizes.  We
are a start-up company without a base of operations and lacking an ability to
generate sales.  As such, our competitive position is unfavorable in
the general marketplace.  Unless we implement our planned operations
and begin to generate revenues, we will not be able to maintain our
operations.





Significantly
all of our current and potential traditional competitors have longer operating
histories, larger customer or user bases, greater brand recognition and
significantly greater financial, marketing and other resources than we
do.  Our competitors may be able to secure products from vendors on
more favorable terms, fulfill customer orders more efficiently and adopt more
aggressive pricing or inventory availability policies than we
can.  Many of these current and potential competitors can devote
substantially more resources to Web site and systems development than we
can.  In addition, larger, more well-established and financed entities
may acquire, invest in or form joint ventures with competitors or dental supply
retailers.





Need
for Government Approval of Principal Products





The
marketing, distribution and sale of the products we sell are subject to the
requirements of various federal, state and local laws and
regulations.  We are subject to regulation by the Federal Food and
Drug Administration, the Drug Enforcement Administration and the U.S. Department
of Transportation.  In addition, the transportation of certain
products that may be distributed by us that are considered hazardous materials
is subject to regulation by the U.S. Department of Transportation.





While we
believe we are and will be in substantial compliance with the laws and
regulations which regulate our business, and that we possess all the licenses
required in the conduct of our business, the failure to comply with any of those
laws or regulations, or the imposition of new laws or regulations could
negatively impact our proposed business.





Effect
of Existing or Probable Governmental Regulations





We are
not currently subject to direct federal, state or local regulation other than
regulations applicable to businesses generally or directly applicable to
retailing or electronic commerce.  We do not currently provide
individual personal information regarding our users to third parties and we
currently do not identify registered users by age, nor do we expect to do so in
the foreseeable future.  The adoption of additional privacy or
consumer protection laws could create uncertainty in Web usage and reduce the
demand for our products and services or require us to redesign our web
site.





In
addition to regulations applicable to businesses generally, we are regulated by
federal, state or local governmental agencies with respect to the shipment of
dental products.  We expect to rely upon our potential suppliers to
meet the various regulatory and other legal requirements applicable to products
that will be supplied by them to us.  However, we guarantee that such
suppliers have in the past, or will in the future, always do so, or that their
actions will be adequate or sufficient to satisfy all governmental requirements
that may be applicable to these sales.  We would be fined or exposed
to civil or criminal liability, and we could receive potential negative
publicity, if these requirements were not to be fully met by suppliers or by us
directly.





Number
of total employees and number of full time employees





We are
currently in the development stage.  During the development stage, we
plan to rely exclusively on the services of Nancy White, President and director,
and Michael White, our Treasurer, to set up our business
operations.  Both Mr. and Mrs. White currently work for us on a
part-time basis and each expect to devote approximately 10-20 hours per week to
our business, or as needed.  There are no other full- or part-time
employees.  We believe that our operations are currently on a small
scale that is manageable by these individuals.





5


Reports
to Security Holders





1.
            We
      will furnish shareholders with annual financial reports certified by our
      independent registered public
accountants.





2.
            We
      are a reporting issuer with the Securities and Exchange
      Commission.  We file periodic reports, which are required in
      accordance with Section 15(d) of the Securities Act of 1933, with the
      Securities and Exchange Commission to maintain the fully reporting
      status.





3.
            The
      public may read and copy any materials we file with the SEC at the SEC's
      Public Reference Room at 100 F Street, N.E., Washington, D.C.
      20002.  The public may obtain information on the operation of
      the Public Reference Room by calling the SEC at
      1-800-SEC-0330.  Our SEC filings will be available on the SEC
      Internet site, located at
http://www.sec.gov.





RISK FACTORS





Our
officers and sole director work for us on a part-time basis.  As a
result, we may be unable to develop our business and manage our public reporting
requirements.





Our
operations depend on the efforts of Nancy White, our President and sole
director, and Michael White, our Treasurer.  Neither Mr. nor Mrs.
White has experience related to public company management, nor as a principal
accounting officer.  Because of this, we may be unable to execute and
manage our business successfully.  We cannot guarantee you that we
will overcome any such obstacle.





Mrs.
White and Mr. White are involved in other business opportunities and may face a
conflict in selecting between White Dental and their other business
interests.  Namely, Mrs. White is currently a dental hygienist with
Perfect Teeth and Mr. White is a supervisor with Medallic Art
Company.  We have not formulated a policy for the resolution of such
conflicts.  If we lose Mrs. White and Mr. White to other pursuits
without a sufficient warning we may, consequently, go out of
business.





Investors
may lose their entire investment if we are unable to continue as a going
concern.





We have
no demonstrable operations record on which you can evaluate our business and
prospects.  Our prospects must be considered in light of the risks,
uncertainties, expenses and difficulties frequently encountered by companies in
their early stages of development.  These risks include, without
limitation, competition, the absence of ongoing revenue streams, inexperienced
management and lack of brand recognition.  If we fail to create a base
of operations for our dental supply business, we may be forced to cease
operations, in which case investors may lose their entire
investment.





We
may not be able to attain profitability without additional funding, which may be
unavailable.





We have
limited capital resources.  To date, we have not generated positive
cash inflows from our operations.  Unless we begin to generate
sufficient revenues from our sales of dental products to finance operations as a
going concern, we may experience liquidity and solvency
problems.  Such liquidity and solvency problems may force us to go out
of business if additional financing is not available.  We have no
intention of liquidating.  In the event our cash resources are
insufficient to continue operations, we intend to raise addition capital through
offerings and sales of equity or debt securities.  In the event we are
unable to raise sufficient funds, we will be forced to go out of business and
will be forced to liquidate.  A possibility of such outcome presents a
risk of complete loss of investment in our common stock.





Because
of pressures from competitors with more resources, White Dental Supply may fail
to implement its business model profitably.





The
market for customers is intensely competitive and such competition is expected
to continue to increase.  We expect to compete with many online and
physical retailers that either specialize in dental products or carry dental
supplies as a complementary offering.  Dental products are sold at
brick and mortar locations, such as dentists’ offices and large retailers such
as Wal-Mart and Target.  Online retailers are numerous and range from
dental specific websites, such as Scott’s Dental Supply and Pearson Dental
Supplies, to sites that sell a large amalgam of products, like
Amazon.com.





6


Generally,
our actual and potential competitors have longer operating histories, greater
financial and marketing resources, greater name recognition and an entrenched
client base.  Therefore, many of these competitors may be able to
devote greater resources to attracting customers and preferred vendor
pricing.  There can be no assurance that our current or potential
competitors will not stock comparable or superior products to those to we expect
to offer.  Increased competition could result in lower than expected
operating margins or loss of market share, any of which would materially and
adversely affect our business, results of operation and financial
condition.





Failure
by us to respond to changes in consumer preferences could result in lack of
sales revenues and may force us out of business.





Any
change in the preferences of golf enthusiasts that we fail to anticipate could
reduce the demand for the golf-related products we intend to
provide.  Decisions about our focus and the specific products we plan
to carry in inventory are often made in advance of distribution, and thus, in
advance of consumers acquiring them.  Failure to anticipate and
respond to changes in consumer preferences and demands could lead to, among
other things, customer dissatisfaction, failure to attract demand for our
products, excess or obsolete inventories and lower profit margins.





We
may be unable to obtain sufficient quantities of quality merchandise on
acceptable commercial terms because we do not have long-term distribution and
manufacturing agreements.





We rely
primarily on product manufacturers and third-party distributors to supply the
products we plan to offer.  Our business would be seriously harmed if
we were unable to develop and maintain relationships with suppliers and
distributors that allow us to obtain sufficient quantities of quality
merchandise on acceptable terms.  Additionally, we may be unable to
establish alternative sources of supply for our products to ensure delivery of
merchandise in a timely and efficient manner or on terms acceptable to
us.  If we cannot obtain and stock our products at acceptable prices
and on a timely basis, we may lose sales and our potential customers may take
their purchases elsewhere.  Further, an increase in supply costs could
cause our operating losses to increase beyond current expectations.





Our
revenue and gross margin could suffer if we fail to manage our inventory
properly.





Our
business depends on our ability to anticipate our needs for our products, as
well as suppliers’ ability to deliver sufficient quantities of products at
reasonable prices on a timely basis.  Given that we are in the
development stage, we may be unable to accurately anticipate demand and manage
inventory levels, which could seriously harm us.  If predicted demand
is substantially greater than consumer purchases, there will be excess
inventory.  In order to secure inventory, we may make advance payments
to suppliers, or we may enter into non-cancelable commitments with
vendors.  If we fail to anticipate customer demand properly, a
temporary oversupply could result in excess or obsolete inventory, which could
adversely affect our gross margin.





White
Dental Supply may lose its top management without employment
agreements.





Our
operations depend substantially on the skills and experience of Nancy White, our
President and sole director, and Michael White, our Treasurer.  We
have no other full- or part-time employees besides these
individuals.  Furthermore, we do not maintain key man life insurance
on either of these two individuals.  Without employment contracts, we
may lose either or both of our officers and sole director to other pursuits
without a sufficient warning and, consequently, go out of business.





Both of
our officers and our sole director are involved in other business opportunities
and may face a conflict in selecting between our company and their other
business interests.  In the future, either Mrs. White or Mr. White may
also become involved in other business opportunities.  We have not
formulated a policy for the resolution of such conflicts.  If we lose
either or both of our officers to other pursuits without a sufficient warning we
may, consequently, go out of business.





7


Our
internal controls may be inadequate, which could cause our financial reporting
to be unreliable and lead to misinformation being disseminated to the
public.





Our
management is responsible for establishing and maintaining adequate internal
control over financial reporting.  As defined in Exchange Act Rule
13a-15(f), internal control over financial reporting is a process designed by,
or under the supervision of, the principal executive and principal financial
officer and effected by the board of directors, management and other personnel,
to provide reasonable assurance regarding the reliability of financial reporting
and the preparation of financial statements for external purposes in accordance
with generally accepted accounting principles and includes those policies and
procedures that: (i) pertain to the maintenance of records that in reasonable
detail accurately and fairly reflect the transactions and dispositions of the
assets of the Company; (ii) provide reasonable assurance that transactions are
recorded as necessary to permit preparation of financial statements in
accordance with generally accepted accounting principles, and that receipts and
expenditures of the Company are being made only in accordance with
authorizations of management and directors of the Company; and (iii) provide
reasonable assurance regarding prevention or timely detection of unauthorized
acquisition, use or disposition of the Company’s assets that could have a
material effect on the financial statements.  Our internal controls
may be inadequate or ineffective, which could cause our financial reporting to
be unreliable and lead to misinformation being disseminated to the
public.  Investors relying upon this misinformation may make an
uninformed investment decision.





The
costs and expenses of SEC reporting and compliance may inhibit our
operations.





After the
effectiveness of this registration statement, we will be subject to the
reporting requirements of the Securities Exchange Act of 1934, as
amended.  The costs of complying with such requirements may be
substantial.  In the event we are unable to establish a base of
operations that generates sufficient cash flows or cannot obtain additional
equity or debt financing, the costs of maintaining our status as a reporting
entity may inhibit out ability to continue our operations.





Because
our common stock is deemed a low-priced “Penny” stock, an investment in our
common stock should be considered high risk and subject to marketability
restrictions.





Since our
common stock is a penny stock, as defined in Rule 3a51-1 under the Securities
Exchange Act, it will be more difficult for investors to liquidate their
investment even if and when a market develops for the common stock. Until the
trading price of the common stock rises above $5.00 per share, if ever, trading
in the common stock is subject to the penny stock rules of the Securities
Exchange Act specified in rules 15g-1 through 15g-10. Those rules require
broker-dealers, before effecting transactions in any penny stock,
to:





1.
            Deliver
      to the customer, and obtain a written receipt for, a disclosure
      document;





2.
            Disclose
      certain price information about the
stock;





3.
            Disclose
      the amount of compensation received by the broker-dealer or any associated
      person of the broker-dealer;





4.
            Send
      monthly statements to customers with market and price information about
      the penny stock; and





5.
            In
      some circumstances, approve the purchaser’s account under certain
      standards and deliver written statements to the customer with information
      specified in the rules.





Consequently,
the penny stock rules may restrict the ability or willingness of broker-dealers
to sell the common stock and may affect the ability of holders to sell their
common stock in the secondary market and the price at which such holders can
sell any such securities. These additional procedures could also limit our
ability to raise additional capital in the future.




FINRA
sales practice requirements may also limit a stockholder's ability to buy and
sell our stock.




In
addition to the “penny stock” rules described above, the Financial Industry
Regulatory Authority (FINRA) has adopted rules that require that in recommending
an investment to a customer, a broker-dealer must have reasonable grounds for
believing that the investment is suitable for that customer. Prior to
recommending speculative low priced securities to their non-institutional
customers, broker-dealers must make reasonable efforts to obtain information
about the customer's financial status, tax status, investment objectives and
other information. Under interpretations of these rules, the FINRA believes that
there is a high probability that speculative low priced securities will not be
suitable for at least some customers. The FINRA requirements make it more
difficult for broker-dealers to recommend that their customers buy our common
stock, which may limit your ability! to buy and sell our stock and have an
adverse effect on the market for our shares.




8







UNRESOLVED STAFF COMMENTS





None.





PROPERTIES





White
Dental Supply, Inc. uses office space at 11677 N. 91st Place,
Scottsdale, Arizona 85260.  Mrs. Nancy White, our sole director and
shareholder, is providing the office space, located at Mrs. White’s primary
residence, at no charge to us.  We believe that this arrangement is
suitable given that our current operations are primarily
administrative.  We also believe that we will not need to lease
additional administrative offices for at least the next 12
months.  There are currently no proposed programs for the renovation,
improvement or development of the facilities we currently use.





Our
management does not currently have policies regarding the acquisition or sale of
real estate assets primarily for possible capital gain or primarily for
income.  We do not presently hold any investments or interests in real
estate, investments in real estate mortgages or securities of or interests in
persons primarily engaged in real estate activities.





LEGAL PROCEEDINGS





No
Director, officer, significant employee, or consultant of White Dental Supply,
Inc. has been convicted in a criminal proceeding, exclusive of traffic
violations.





No
Director, officer, significant employee, or consultant of White Dental Supply,
Inc. has been permanently or temporarily enjoined, barred, suspended, or
otherwise limited from involvement in any type of business, securities or
banking activity.





No
Director, officer, significant employee, or consultant of White Dental Supply,
Inc. has been convicted of violating a federal or state securities or
commodities law.





White
Dental Supply, Inc. is not a party to any pending legal
proceedings.





No
director, officer, significant employee or consultant of White Dental Supply,
Inc. has had any bankruptcy petition filed by or against any business of which
such person was a general partner or executive officer either at the time of the
bankruptcy or within two years prior to that time.





SUBMISSION OF MATTERS TO A VOTE OF SECURITY
HOLDERS





None.





PART II





MARKET FOR REGISTRANT’S COMMON EQUITY AND RELATED STOCKHOLDER
MATTERS MARKET INFORMATION FOR COMMON STOCK





Market
information





We have
been approved for listing on the OTCBB under the symbol "WITD".  As of
December 31, 2008, no public market in White Dental Supply, Inc.'s common stock
has yet developed and there can be no assurance that a meaningful trading market
will subsequently develop.  White Dental Supply, Inc. makes no
representation about the value of its common stock.





Holders





As of the
date of this annual report, White Dental Supply, Inc. has approximately
99,450,000 shares of $0.001 par value common stock issued and outstanding held
by three shareholders of record.  Our Transfer Agent is Holladay Stock
Transfer, Inc., 2939 N. 67th Place,
Suite C, Scottsdale, Arizona 85251, phone (480) 481-3940.





9


Dividends





White
Dental Supply, Inc. has never declared or paid any cash dividends on its common
stock.  For the foreseeable future, White Dental Supply intends to
retain any earnings to finance the development and expansion of its business,
and it does not anticipate paying any cash dividends on its common
stock.  Any future determination to pay dividends will be at the
discretion of the Board of Directors and will be dependent upon then existing
conditions, including White Dental Supply’s financial condition and results of
operations, capital requirements, contractual restrictions, business prospects
and other factors that the board of directors considers relevant.





Recent
Sales of Unregistered Securities





On March
28, 2006, we issued 10,000,000 shares of our common stock to Nancy White, our
founding shareholder and an officer and our sole director.  This sale
of stock did not involve any public offering, general advertising or
solicitation.  The shares were issued in exchange for services
performed by the founding shareholder on our behalf in the amount of
$10,000.  Mrs. White received compensation in the form of common stock
for performing services related to the formation and organization of our
Company, including, but not limited to, designing and implementing a business
plan and providing administrative office space for use by the Company; thus,
these shares are considered to have been provided as founder’s
shares.  Additionally, the services are considered to have been
donated, and have resultantly been expensed and recorded as a contribution to
capital.  At the time of the issuance, Mrs. White had fair access to
and was in possession of all available material information about our company,
as his is the sole officer and director of White Dental Supply,
Inc.  The shares bear a restrictive transfer legend.  On the
basis of these facts, we claim that the issuance of stock to our founding
shareholder qualifies for the exemption from registration contained in Section
4(2) of the Securities Act of 1933.





In March
2006, we sold 250,000 shares of our common stock to Nancy White, our founding
shareholder.  The shares were issued for total cash in the amount of
$5,000.  The shares bear a restrictive transfer legend.  At
the time of the issuance, Mrs. White had fair access to and was in possession of
all available material information about our company, as she is the sole officer
and director of White Dental Supply, Inc.  The shares bear a
restrictive transfer legend.  On the basis of these facts, we claim
that the issuance of stock to our founding shareholder qualifies for the
exemption from registration contained in Section 4(2) of the Securities Act of
1933.





MANAGEMENT’S DISCUSSION AND PLAN OF OPERATIONS





Forward-Looking
Statements





The
statements contained in all parts of this document that are not historical facts
are, or may be deemed to be, "forward-looking statements" within the meaning
of  Section 27A of  the Securities Act of 1933 and Section
21E of the Securities Exchange Act of 1934.  Such forward-looking
statements include, but are not limited to, those relating to the following: the
Company's ability to secure necessary financing; expected growth; future
operating expenses; future margins; fluctuations in interest rates; ability to
continue to grow and  implement growth, and regarding future growth,
cash needs, operations, business plans and financial results and any other
statements that are not historical facts.





When used
in this document, the words "anticipate," "estimate," "expect," "may," "plans,"
"project," and similar expressions are intended to be among the statements that
identify forward-looking statements.  White Dental Supply, Inc.’s
results may differ significantly from the results discussed in the
forward-looking statements.  Such statements involve risks and
uncertainties, including, but not limited to, those relating to costs, delays
and difficulties related to the Company’s dependence on its ability to attract
and retain skilled managers and other personnel; the intense competition within
the restaurant industry; the uncertainty of the Company's ability to manage and
continue its growth and implement its business strategy; its vulnerability to
general economic conditions; accuracy of accounting and other estimates; the
Company's future financial and operating results, cash needs and demand for
services; and the Company's ability to maintain and comply with permits and
licenses; as well as other risk factors described in this Annual Report. Should
one or more of these risks or uncertainties materialize, or should underlying
assumptions prove incorrect, actual outcomes may vary materially from those
projected.





10


Management’s
Discussion and Analysis





We were
originally incorporated in the State of Nevada on March 29, 2006.  We
are a development stage company that sells dental supplies via direct sales to
retail customers and industry participants, such as dental
hygienists.  During the year ended December 31, 2008, we did not
generate any revenues, and therefore did not incur any costs associated with
sales of products.  During the year ended December 31, 2007, we
realized $1,674 in revenues from sales of our dental product
offerings.  In association with sales of our dental products, we
incurred cost of goods sold in the amount of $1,386 during the year ended
December 31, 2007.  After factoring in cost of goods sold, our gross
profit was $288 for the year ended December 31, 2007.  This represents
a gross margin of approximately 17% on sales of our products.  Since
our inception, we generated $1,674 in aggregate revenues and recorded cost of
goods sold of $1,386, which resulted in total gross revenues of $288 from our
inception to December 31, 2008.  We do not have any long-term
agreements to sell our dental products to any one customer.  We have
no recurring customers and have no ongoing revenue sources.  As a
result, we are unable to forecast the amount, if any, of revenues we will
generate for the foreseeable future.





In the
execution of our business, we incur depreciation expense and various general and
administrative costs.  General and administrative expenses mainly
consist of office expenditures and accounting and legal fees.  During
the year ended December 31, 2008, we spent $28,187, consisting solely of general
and administrative expenses.  In the comparable period from ended
December 31, 2007, we incurred $17,327 in total expenses, all of which is
attributed to general and administrative expenses.  Aggregate
operating expenses from our inception through December 31, 2008 were $60,204, of
which $10,000 is executive compensation paid in the form of shares common stock
issued to an officer for services rendered and $50,204 in general and
administrative expenses related to the execution of our business
plan.  No development related expenses have been or will be paid to
our affiliates.  We expect to continue to incur general and
administrative expenses for the foreseeable future, although we cannot estimate
the extent of these costs.





For the
year ended December 31, 2008, our management reviewed current inventory on
hand.  Based on our management’s estimates of customer demand and the
market for similar products, we determined it necessary to write down the
inventory to its net realizable value.  As a result, as of December
31, 2008, we recorded a provision for inventory losses of $488.  We
did not record any impairment to inventory during the year ended December 31,
2007.  Total inventory impairment since our inception to December 31,
2008 is $488.





During
the years ended December 31, 2008 and 2007, we recorded provisions for income
taxes of $45, related to the minimum tax payable to the State of
Arizona.  For the period from our inception to December 31, 2008, we
recorded total provisions for income taxes of $90.





As a
result of our minimal level of revenues and incurring ongoing expenses related
to the implementation of our business, we have experienced net losses in all
periods since our inception on March 29, 2006.  In the year ended
December 31, 2008, our net loss totaled $28,720, compared to a net loss of
$17,084 in the prior year ended December 31, 2007.  Since our
inception, we have accumulated net losses in the amount of
$60,494.  We anticipate incurring ongoing operating losses and cannot
predict when, if at all, we may expect these losses to plateau or
narrow.  We have not been profitable from our inception through the
year ended December 31, 2008.  There is significant uncertainty
projecting future profitability due to our history of losses, lack of revenues,
and due to our reliance on the performance of third parties on which we have no
direct control.





Our
management believes that our cash on hand as of December 31, 2008 in the amount
of $976 is not sufficient to fund our operations over the next 12
months.  Additionally, we owe $1,500 in notes payable to a third
party.  Our liabilities exceed our assets of $1,006.  As
such, we are in a precarious financial position and may be unable to maintain
our operations through the fiscal year ended December 31, 2009, assuming our
state of operations remain relatively stable, of which there can be no
guarantee.  Generating sales in the next 12 months is imperative for
us to support our operations and to continue as a going concern.  We
believe that we will be required to generate a minimum of approximately $35,000
in revenues over the next 12 months in order for us to support ongoing
operations.  We cannot guarantee that we will generate such
sales.  To date, we have been materially unsuccessful in establishing
our business and generating adequate brand awareness.  We believe that
to generate the minimum required amount of revenues to continue as a going
concern, we must further our efforts to establish our brand name.





However,
we have no existing inventory as a result of the impairment to inventory
recorded as of December 31, 2008.  Additionally, we have inadequate
capital with which to purchase additional inventory for
sale.  Resultantly, we do not expect to generate any revenues unless
and until we raise additional capital by issuing capital stock or debt
instruments in exchange for cash in order to continue as a going concern in the
immediate future.  Since our incorporation, we have raised a total of
$50,000 through private sales of our common equity.  We also obtained
$1,500 in loans from a third-party, non-related entity to cover daily operating
expenditures.




11





We cannot
assure you that additional financing can be obtained or, if obtained, that it
will be on reasonable terms.  In the event we are unable to obtain
further funding, we will be unable to conduct further operations and,
consequently, go out of business.  Without realization of additional
capital, it would be unlikely for us to continue as a going
concern.  As a result of the foregoing, our independent auditors have
expressed substantial doubt about our ability to continue as a going concern in
the independent auditors’ report to the financial statements included in this
annual report.  If our business fails, our investors may face a
complete loss of their investment.





Our
management does not anticipate the need to hire additional full- or part- time
employees over the next 12 months, as the services provided by our current
officers appear sufficient at this time.  Our officers work for us on
a part-time basis, and are prepared to devote additional time, as
necessary.  We do not expect to hire any additional employees over the
next 12 months.





No
development related expenses have been or will be paid to our
affiliates.





Our
management does not expect to incur research and development costs.





We do not
have any off-balance sheet arrangements.





We
currently do not own any significant plant or equipment that we would seek to
sell in the near future.





We have
not paid for expenses on behalf of our sole director.  Additionally,
we believe that this fact shall not materially change.





We
currently do not have any material contracts and or affiliations with third
parties.





Off-Balance
Sheet Arrangements





We do not
have any off-balance sheet arrangements.





FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA





The
following documents (pages F-1 to F-12) form part of the report on the Financial
Statements





PAGEReport of Independent Registered Public Accounting
      Firm
              F-1Balance Sheets
              F-3Statements of Operations
              F-4Statements of Stockholders’ Equity
              F-5Statements of Cash Flows
              F-6Footnotes
              F-7


























12






































White
Dental Supply, Inc.


Audited
Financial Statements


December
31, 2008











































13























TABLE OF
CONTENTS














PAGEReport of Independent Registered Public Accounting
      Firm
              1Balance Sheets
              2Statements of Operations
              3Statements of Changes in Stockholders’
    Equity
              4Statements of Cash Flows
              5Footnotes
              6









































14


MOORE
& ASSOCIATES, CHARTERED


ACCOUNTANTS AND
ADVISORS


PCAOB
REGISTERED








REPORT OF
INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM








To
the Board of Directors


White
Dental Supply, Inc.


(A
Development Stage Company)





We have
audited the accompanying balance sheets of White Dental Supply, Inc. (A
Development Stage Company) as of December 31, 2008 and 2007, and the related
statements of operations, stockholders’ equity (deficit) and cash flows for the
years ended December 31, 2008 and 2007 and from inception on March 29, 2006
through December 31, 2008. These financial statements are the responsibility of
the Company’s management.  Our responsibility is to express an opinion
on these financial statements based on our audits.





We
conduct our audits in accordance with standards of the Public Company Accounting
Oversight Board (United States).  Those standards require that we plan
and perform the audits to obtain reasonable assurance about whether the
financial statements are free of material misstatement.  An audit
includes examining, on a test basis, evidence supporting the amounts and
disclosures in the financial statements.  An audit also includes
assessing the accounting principles used and significant estimates made by
management, as well as evaluating the overall financial statement
presentation.  We believe that our audits provide a reasonable basis
for our opinion.





In our
opinion, the financial statements referred to above present fairly, in all
material respects, the financial position of White Dental Supply, Inc. (A
Development Stage Company) as of December 31, 2008 and 2007, and the related
statements of operations, stockholders’ equity and cash flows for the years
ended December 31, 2008 and 2007 and from inception on March 29, 2006 through
December 31, 2008, in conformity with accounting principles generally accepted
in the United States of America.





The
accompanying financial statements have been prepared assuming that the Company
will continue as a going concern.  As discussed in Note 3 to the
financial statements, the Company has an accumulated deficit of $60,494, which
raises substantial doubt about its ability to continue as a going
concern.  Management’s plans concerning these matters are also
described in Note 3.  The financial statements do not include any
adjustments that might result from the outcome of this uncertainty.











/s/
Moore & Associates, Chartered





Moore
& Associates, Chartered


Las
Vegas, Nevada


March 19,
2009





6490 West Desert Inn Rd, Las
Vegas, NV 89146 (702) 253-7499 Fax (702) 253-7501

















F1


15


White
Dental Supply, Inc.


(a
Development Stage Company)


Balance Sheets





December
      31,2008
                
                
                2007AssetsCurrent
      assets:Cash
                
                $
                976
                
                
                $
                27,284Inventory
                
                
                -
                
                
                
                488Prepaid
      expenses and current deposits
                
                
                30
                
                
                
                500Total
      current assets
                
                
                1,006
                
                
                
                28,272Total
      assets
                
                $
                1,006
                
                
                $
                28,272Liabilities
      and Stockholders’ EquityCurrent
      liabilities:Accounts
      payable
                
                $
                -
                
                
                $
                46Note
      payable
                
                
                1,500
                
                
                
                -Total
      current liabilities
                
                
                1,500
                
                
                
                46Stockholders’
      equityPreferred
      stock, $0.001 par value, 100,000,000 sharesauthorized,
      no shares issued and outstanding
                
                
                -
                
                
                
                -Common
      stock, $0.001 par value, 100,000,000 sharesauthorized,
      99,450,000 shares issued and outstanding
                
                
                99,450
                
                
                
                99,450Additional
      paid-in capital
                
                
                (39,450
                )
                
                
                (39,450
                )(Deficit)
      accumulated during development stage
                
                
                (60,494
                )
                
                
                (31,774
                )(494
                )
                
                
                28,226Total
      liabilities and stockholders’ equity
                
                $
                1,006
                
                
                $
                28,272














The
accompanying notes are an integral part of these financial
statements.

















F2


16


White
Dental Supply, Inc.


(a
Development Stage Company)


Statements of Operations





For
      the years ended
                  
                  
                  March
      29, 2006December
      31,
                  
                  
                  (Inception)
      to2008
                  
                  
                  2007
                  
                  
                  December
      31, 2008Revenue
                  
                  $
                  -
                  
                  
                  $
                  1,674
                  
                  
                  $
                  1,674Cost
      of sales
                  
                  
                  -
                  
                  
                  
                  1,386
                  
                  
                  
                  1,386Gross
      profit
                  
                  
                  -
                  
                  
                  
                  288
                  
                  
                  
                  288Expenses:Executive
      compensation
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  10,000General
      and administrative expenses
                  
                  
                  28,187
                  
                  
                  
                  17,327
                  
                  
                  
                  50,204Total
      expenses
                  
                  
                  28,187
                  
                  
                  
                  17,327
                  
                  
                  
                  60,204Operating
      loss
                  
                  
                  (28,187
                  )
                  
                  
                  (17,039
                  )
                  
                  
                  (59,916
                  )Other
      expenses:Impairment
      of inventory
                  
                  
                  (488
                  )
                  
                  
                  -
                  
                  
                  
                  (488
                  )Total
      other expenses
                  
                  
                  (488
                  )
                  
                  
                  -
                  
                  
                  
                  (488
                  )(Loss)
      before provision for income taxes
                  
                  
                  (28,675
                  )
                  
                  
                  (17,039
                  )
                  
                  
                  (60,604
                  )Provision
      for income taxes
                  
                  
                  (45
                  )
                  
                  
                  (45
                  )
                  
                  
                  (90
                  )Net
      (loss)
                  
                  $
                  (28,720
                  )
                  
                  $
                  (17,084
                  )
                  
                  $
                  (60,494
                  )Weighted
      average number ofcommon
      shares outstanding - basic and fully diluted
                  
                  
                  99,450,000
                  
                  
                  
                  96,885,616Net
      (loss) per share-basic and fully diluted
                  
                  $
                  (0.00
                  )
                  
                  $
                  (0.00
                  )




















The
accompanying notes are an integral part of these financial
statements.

















F3


17


White
Dental Supply, Inc.


(a
Development Stage Company)


Statements of Stockholders’ Equity





(Deficit)AccumulatedCommon
      Stock
                
                
                Additional
                
                
                During
                
                
                TotalPaid-in
                
                
                Development
                
                
                Stockholders’Shares
                
                
                Amount
                
                
                Capital
                
                
                Stage
                
                
                EquityMarch
      28, 2006Founders
      sharesIssued
      for services$0.001
      per share
                
                
                90,000,000
                
                
                $
                90,000
                
                
                $
                (80,000
                )
                
                $
                -
                
                
                $
                10,000April
      7, 2006Founders
      sharesIssued
      for cash$0.001
      per share
                
                
                2,250,000
                
                
                
                2,250
                
                
                
                2,750
                
                
                
                -
                
                
                
                5,000September
      8, 2006Donated
      capital
                
                
                -
                
                
                
                -
                
                
                
                5,000
                
                
                
                -
                
                
                
                5,000Net
      (loss)For
      the year endedDecember
      31, 2006
                
                
                -
                
                
                
                -
                
                
                
                -
                
                
                
                (14,690
                )
                
                
                (14,690
                )Balance,
      December 31, 2006
                
                
                92,250,000
                
                
                
                92,250
                
                
                
                (72,250
                )
                
                
                (14,690
                )
                
                
                5,310May
      10, 2007Issued
      for cash$0.05
      per share
                
                
                7,200,000
                
                
                
                7,200
                
                
                
                32,800
                
                
                
                -
                
                
                
                40,000Net
      (loss)For
      the year endedDecember
      31, 2007
                
                
                -
                
                
                
                -
                
                
                
                -
                
                
                
                (17,084
                )
                
                
                (17,084
                )Balance,
      December 31, 2007
                
                
                99,450,000
                
                
                
                99,450
                
                
                
                (39,450
                )
                
                
                (31,774
                )
                
                
                28,226Net
      (loss)For
      the year endedDecember
      31, 2008
                
                
                -
                
                
                
                -
                
                
                
                -
                
                
                
                (28,720
                )
                
                
                (28,720
                )Balance,
      December 31, 2008
                
                
                99,450,000
                
                
                $
                99,450
                
                
                $
                (39,450
                )
                
                $
                (60,494
                )
                
                $
                (494
                )























The
accompanying notes are an integral part of these financial
statements.

















F4


18


White
Dental Supply, Inc.


(a
Development Stage Company)


Statements of Cash Flows





For
      the year ended
                
                
                March
      26, 2006December
      31,
                
                
                (Inception)
      to2008
                
                
                2007
                
                
                December
      31, 2008Operating
      activitiesNet
      (loss)
                
                $
                (28,720
                )
                
                $
                (17,084
                )
                
                $
                (60,494
                )Adjustments
      to reconcile net (loss) tonet
      cash (used) by operating activities:Shares
      issued for services – related party
                
                
                -
                
                
                
                -
                
                
                
                10,000Changes
      in operating assets and liabilities:(Increase)
      decrease in inventory
                
                
                488
                
                
                
                (488
                )
                
                
                -(Increase)
      in prepaid expenses and current deposits
                
                
                470
                
                
                
                (500
                )
                
                
                (30
                )Increase
      in accounts payable
                
                
                46
                
                
                
                46
                
                
                
                -Increase
      in note payable
                
                
                1,500
                
                
                
                -
                
                
                
                1,500Net
      cash (used) by operating activities
                
                
                (26,308
                )
                
                
                (18,026
                )
                
                
                (49,024
                )Financing
      activitiesDonated
      capital
                
                
                -
                
                
                
                -
                
                
                
                5,000Issuances
      of common stock
                
                
                -
                
                
                
                40,000
                
                
                
                45,000Net
      cash provided by financing activities
                
                
                -
                
                
                
                40,000
                
                
                
                50,000Net
      increase (decrease) in cash
                
                
                (26,308
                )
                
                
                21,974
                
                
                
                976Cash
      – beginning
                
                
                27,284
                
                
                
                5,310
                
                
                
                -Cash
      – ending
                
                $
                976
                
                
                $
                27,284
                
                
                $
                976Supplemental
      disclosures:
                
                
                -
                
                
                
                -
                
                
                
                -Interest
      paidIncome
      taxes paidNon-cash
      transactions:Shares
      issued for executive compensation
                
                $
                -
                
                
                $
                -
                
                
                $
                10,000Number
      of shares issued for executive compensation
                
                
                -
                
                
                
                -
                
                
                
                10,000,000


























The
accompanying notes are an integral part of these financial
statements.

















F5


19


White
Dental Supply, Inc.


(a
Development Stage Company)


Notes





Note
1 – History and organization of the company





The
Company was organized March 29, 2006 (Date of Inception) under the laws of the
State of Nevada, as White Dental Supply, Inc.  The Company is
authorized to issued 100,000,000 shares of its $0.001 par value common stock and
100,000,000 shares of its $0001 par value preferred stock.





The
business of the Company is to sell dental supplies through direct marketing and
via the internet.  The Company has limited operations and in
accordance with Statement of Financial Accounting Standards No. 7 (SFAS #7),
“Accounting and Reporting by Development Stage Enterprises,” the Company is
considered a development stage company.





Note
2 – Accounting policies and procedures





Use of
estimates


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





Cash and cash
      equivalents


For the
purpose of the statements of cash flows, all highly liquid investments with an
original maturity of three months or less are considered to be cash
equivalents.  There were no cash equivalents as of December 31, 2008
and 2007.





Concentrations of
      Risks: Cash Balances


The
Company maintains its cash in institutions insured by the Federal Deposit
Insurance Corporation (FDIC).  This government corporation insured
balances up to $100,000 through October 13, 2008.  As of October 14,
2008 all non-interest bearing transaction deposit accounts at an FDIC-insured
institution, including all personal and business checking deposit accounts that
do not earn interest, are fully insured for the entire amount in the deposit
account.  This unlimited insurance coverage is temporary and will
remain in effect for participating institutions until December 31,
2009.





All other
deposit accounts at FDIC-insured institutions are insured up to at least
$250,000 per depositor until December 31, 2009.  On January 1, 2010,
FDIC deposit insurance for all deposit accounts, except for certain retirement
accounts, will return to at least $100,000 per depositor.  Insurance
coverage for certain retirement accounts, which include all IRA deposit
accounts, will remain at $250,000 per depositor.





Revenue
recognition


The
Company recognizes revenue and gains when earned and related costs of sales and
expenses when incurred.





Advertising
costs


The
Company expenses all costs of advertising as incurred.  There were no
advertising costs included in selling, general and administrative expenses for
the three and nine month periods ended December 31, 2008 and 2007.





Impairment of long-lived
assets


Long-lived
assets held and used by the Company are reviewed for possible impairment
whenever events or circumstances indicate the carrying amount of an asset may
not be recoverable or is impaired.  No such impairments have been
identified by management at December 31, 2008 and 2007.





Cost of Goods
Sold


Cost of
goods sold consists of the purchase price of products sold, inbound and outbound
shipping charges, packaging supplies and costs associated with revenues and
marketplace business.  The purchase price of the products, outbound
shipping charges and the cost of tangible supplies used to package products for
shipment to customers totaled $0 and $1,386 during the years ended December 31,
2008 and 2007, respectively.








F6


20


White
Dental Supply, Inc.


(a
Development Stage Company)


Notes





Note
2 – Accounting policies and procedures (continued)





Loss per
share


Net loss
per share is provided in accordance with Statement of Financial Accounting
Standards No. 128 (SFAS #128) “Earnings Per Share”.  Basic loss per
share is computed by dividing losses available to common stockholders by the
weighted average number of common shares outstanding during the
period.  The Company had no dilutive common stock equivalents, such as
stock options or warrants as of December 31, 2008 and 2007.





Inventory


Inventories
consist of merchandise held for sale in the ordinary course of business,
including cost of freight and other miscellaneous acquisition costs, and are
stated at the lower of cost, or market determined on the first-in-first-out
basis.  The Company records a write-down for inventories which have
become obsolete or are in excess of anticipated demand or net realizable
value.  The Company performs a detailed review of inventory each
period that considers multiple factors including demand forecasts, market
conditions, product life cycle status, product development plans and current
sales levels. If future demand or market conditions for the Company’s products
are less favorable than forecasted or if unforeseen changes negatively impact
the utility of the Company’s inventory, it may be required to record additional
write-downs which would negatively impact gross margins in the period when the
write-downs are recorded. If actual market conditions are more favorable, the
Company may have higher gross margins when products incorporating inventory that
was previously written down are sold.





In 2008,
management conducted a thorough review of the inventory in all of its product
lines.  As a result, a provision for inventory losses of $488 was
charged against operations in 2008 to write down inventory to its net realizable
value.  This was based on the Company’s best estimates of product
sales prices and customer demand patterns, and its plans to transition its
products.  It is at least reasonably possible that the estimates used
by the Company to determine its provision for inventory losses will materially
different from the actual amounts or results.  These differences could
result in materially higher than expected inventory provisions, which could have
a materially adverse effect on the Company’s results of operations and financial
condition in the near term.





Reporting on the costs
      of start-up activities


Statement
of Position 98-5 (SOP 98-5), “Reporting on the Costs of Start-Up Activities,”
which provides guidance on the financial reporting of start-up costs and
organizational costs, requires most costs of start-up activities and
organizational costs to be expensed as incurred.  SOP 98-5 is
effective for fiscal years beginning after December 15, 1998.  With
the adoption of SOP 98-5, there has been little or no effect on the Company’s
financial statements.





Fair value of financial
instruments


Fair
value estimates discussed herein are based upon certain market assumptions and
pertinent information available to management as of December 31, 2008 and
2007.  The respective carrying value of certain on-balance-sheet
financial instruments approximated their fair values.  Fair values
were assumed to approximate carrying values for cash and payables because they
are short term in nature and their carrying amounts approximate fair values or
they are payable on demand.





Income
Taxes


The
Company follows Statement of Financial Accounting Standard No. 109, “Accounting
for Income Taxes” (“SFAS No. 109”) for recording the provision for income
taxes.  Deferred tax assets and liabilities are computed based upon
the difference between the financial statement and income tax basis of assets
and liabilities using the enacted marginal tax rate applicable when the related
asset or liability is expected to be realized or settled.  Deferred
income tax expenses or benefits are based on the changes in the asset or
liability each period.  If available evidence suggests that it is more
likely than not that some portion or all of the deferred tax assets will not be
realized, a valuation allowance is required to reduce the deferred tax assets to
the amount that is more likely than not to be realized.  Future
changes in such valuation allowance are included in the provision for deferred
income taxes in the period of change.





Deferred
income taxes may arise from temporary differences resulting from income and
expense items reported for financial accounting and tax purposes in different
periods.  Deferred taxes are classified as current or non-current,
depending on the classification of assets and liabilities to which they
relate.  Deferred taxes arising from temporary differences that are
not related to an asset or liability are classified as current or non-current
depending on the periods in which the temporary differences are expected to
reverse.





F7


21


White
Dental Supply, Inc.


(a
Development Stage Company)


Notes





Note
2 – Accounting policies and procedures (continued)





General and administrative
expenses


The
significant components of general and administrative expenses consists of meals
and entertainment expenses, legal and professional fees, outside services,
office supplies, postage, and travel expenses.





Segment
reporting


The
Company follows Statement of Financial Accounting Standards No. 131,
“Disclosures About Segments of an Enterprise and Related Information”. The
Company operates as a single segment and will evaluate additional segment
disclosure requirements as it expands its operations.





Dividends


The
Company has not yet adopted any policy regarding payment of
dividends.  No dividends have been paid or declared since
inception.





Recent
pronouncements


In June
2006, the Financial Accounting Standards Board (“FASB”) issued Interpretation
No. 48, Accounting for Uncertainty in Income Taxes – an interpretation of FASB
Statement No. 109 (“FIN 48”).  FIN 48 clarified the accounting for
uncertainty in income taxes recognized in a company’s financial statements in
accordance with FASB Statement No. 109, Accounting for Income
Taxes.  It prescribes a recognition threshold and measurement
attribute for the financial statement recognition and measurement of a tax
position taken or expected to be taken in a tax return.  FIN 48 also
provides guidance on derecognition, classification, interest and penalties,
accounting in interim period, disclosure and transition.  FIN 48 is
effective for fiscal years beginning after December 15, 2006.  The
adoption of FIN 48 did not have a material impact on our balance sheet or
statement of operations.





In
September 2006, the Securities and Exchange Commission staff (“SEC”) issued SAB
108.  SAB 108 was issued to provide consistency to how companies
quantify financial statement misstatements.  SAB 108 establishes an
approach that requires companies to quantify misstatements in financial
statements based on effects of the misstatement on both the consolidated balance
sheet and statement of operations and the related financial statement
disclosures.  Additionally, companies must evaluate the cumulative
effect of errors existing in prior years that previously had been considered
immaterial.  We adopted SAB 108 in connection with the preparation of
our annual financial statements for the years ended December 31, 2008 and 2007
and found no adjustments necessary.





In
September 2006, the FASB issued SFAS No. 157, Fair Value Measurements
(“SFAS No. 157”).  SFAS No. 157 defines fair value, establishes a
framework for measuring fair value in generally accepted accounting principles
and expands disclosures about fair value measurements.  SFAS No. 157
does not require any new fair value measurements, rather, its application will
be made pursuant to other accounting pronouncements that require or permit fair
value measurements.  SFAS No. 157 is effective for financial
statements issued for fiscal years beginning after November 15, 1007, and
interim periods within those years.  The provisions of SFAS No. 157
are to be applied proactively upon adoption, except for limited specified
exemptions.  We are evaluating the requirements of SFAS No. 157 and do
not expect the adoption to have a material impact on our balance sheet or
statement of operations.





In
February 2007, the FASB, issued SFAS No. 159, The Fair Value Option for
Financial Assets and Liabilities—Including an Amendment of FASB Statement No.
115.  This standard permits an entity to choose to measure many
financial instruments and certain other items at fair value. This option is
available to all entities. Most of the provisions in FAS 159 are elective;
however, an amendment to FAS 115 Accounting for Certain Investments in Debt and
Equity Securities applies to all entities with available for sale or trading
securities. Some requirements apply differently to entities that do not report
net income. SFAS No. 159 is effective as of the beginning of an entities first
fiscal year that begins after November 15, 2007. Early adoption is permitted as
of the beginning of the previous fiscal year provided that the entity makes that
choice in the first 120 days of that fiscal year and also elects to apply the
provisions of SFAS No. 157 Fair Value Measurements.  The Company has
adopted SFAS No. 159 beginning March 1, 2008 and is evaluating the potential
impact the adoption of this pronouncement will have on its consolidated
financial statements.








F8


22


White
Dental Supply, Inc.


(a
Development Stage Company)


Notes





Note
2 – Accounting policies and procedures (continued)





Recent pronouncements
(Continued)


In
December 2007, the SEC issued Staff Accounting Bulletin (SAB) No. 110 regarding
the use of a "simplified" method, as discussed in SAB No. 107 (SAB 107), in
developing an estimate of expected term of "plain vanilla" share options in
accordance with SFAS No. 123 (R), Share-Based Payment.  In particular,
the staff indicated in SAB 107 that it will accept a company's election to use
the simplified method, regardless of whether the company has sufficient
information to make more refined estimates of expected term. At the time SAB 107
was issued, the staff believed that more detailed external information about
employee exercise behavior (e.g., employee exercise patterns by industry and/or
other categories of companies) would, over time, become readily available to
companies. Therefore, the staff stated in SAB 107 that it would not expect a
company to use the simplified method for share option grants after December 31,
2007. The staff understands that such detailed information about employee
exercise behavior may not be widely available by December 31, 2007. Accordingly,
the staff will continue to accept, under certain circumstances, the use of the
simplified method beyond December 31, 2007. The Company currently uses the
simplified method for “plain vanilla” share options and warrants, and will
assess the impact of SAB 110 for fiscal year 2009. It is not believed that this
will have an impact on the Company’s consolidated financial position, results of
operations or cash flows.





In
December 2007, the FASB issued SFAS No. 160, Noncontrolling Interests in
Consolidated Financial Statements—an amendment of ARB No. 51.  This
statement amends ARB 51 to establish accounting and reporting standards for the
noncontrolling interest in a subsidiary and for the deconsolidation of a
subsidiary. It clarifies that a noncontrolling interest in a subsidiary is an
ownership interest in the consolidated entity that should be reported as equity
in the consolidated financial statements. Before this statement was issued,
limited guidance existed for reporting noncontrolling interests. As a result,
considerable diversity in practice existed. So-called minority interests were
reported in the consolidated statement of financial position as liabilities or
in the mezzanine section between liabilities and equity. This statement improves
comparability by eliminating that diversity. This statement is effective for
fiscal years, and interim periods within those fiscal years, beginning on or
after December 15, 2008 (that is, January 1, 2009, for entities with calendar
year-ends). Earlier adoption is prohibited. The effective date of this statement
is the same as that of the related Statement 141 (revised 2007). The Company
will adopt this Statement beginning March 1, 2009. It is not believed that this
will have an impact on the Company’s consolidated financial position, results of
operations or cash flows.





In
December 2007, the FASB, issued FAS No. 141 (revised 2007), Business
Combinations’.  This Statement replaces FASB Statement No. 141,
Business Combinations, but retains the fundamental requirements in
Statement 141.  This Statement establishes principles and
requirements for how the acquirer: (a) recognizes and measures in its financial
statements the identifiable assets acquired, the liabilities assumed, and any
noncontrolling interest in the acquiree; (b) recognizes and measures the
goodwill acquired in the business combination or a gain from a bargain purchase;
and (c) determines what information to disclose to enable users of the financial
statements to evaluate the nature and financial effects of the business
combination. This statement 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. An entity may not
apply it before that date. The effective date of this statement is the same as
that of the related FASB Statement No. 160, Noncontrolling Interests in
Consolidated Financial Statements.  The Company will adopt this
statement beginning March 1, 2009. It is not believed that this will have an
impact on the Company’s consolidated financial position, results of operations
or cash flows.





In March
2008, the Financial Accounting Standards Board, or FASB, issued SFAS No. 161,
Disclosures about Derivative Instruments and Hedging Activities—an amendment of
FASB Statement No. 133.  This standard requires companies to provide
enhanced disclosures about (a) how and why an entity uses derivative
instruments, (b) how derivative instruments and related hedged items are
accounted for under Statement 133 and its related interpretations, and (c) how
derivative instruments and related hedged items affect an entity’s financial
position, financial performance, and cash flows. This Statement is effective for
financial statements issued for fiscal years and interim periods beginning after
November 15, 2008, with early application encouraged. The Company has not yet
adopted the provisions of SFAS No. 161, but does not expect it to have a
material impact on its consolidated financial position, results of operations or
cash flows.








F9


23


White
Dental Supply, Inc.


(a
Development Stage Company)


Notes





Note
2 – Accounting policies and procedures (continued)





Recent pronouncements
(Continued)


In May
2008, the Financial Accounting Standards Board (“FASB”) issued SFAS No. 162,
“The Hierarchy of Generally Accepted Accounting Principles”.  SFAS No.
162 sets forth the level of authority to a given accounting pronouncement or
document by category. Where there might be conflicting guidance between two
categories, the more authoritative category will prevail. SFAS No. 162 will
become effective 60 days after the SEC approves the PCAOB’s amendments to AU
Section 411 of the AICPA Professional Standards. SFAS No. 162 has no effect on
the Company’s financial position, statements of operations, or cash flows at
this time.





In May
2008, the Financial Accounting Standards Board (“FASB”) issued SFAS No. 163,
“Accounting for Financial Guarantee Insurance Contracts-and interpretation of
FASB Statement No. 60”.  SFAS No. 163 clarifies how Statement 60
applies to financial guarantee insurance contracts, including the recognition
and measurement of premium revenue and claims liabilities. This statement also
requires expanded disclosures about financial guarantee insurance contracts.
SFAS No. 163 is effective for fiscal years beginning on or after December 15,
2008, and interim periods within those years. SFAS No. 163 has no effect on the
Company’s financial position, statements of operations, or cash flows at this
time.





In
June 2008, the FASB issued FASB Staff Position EITF 03-6-1, Determining Whether Instruments
Granted in Share-Based Payment Transactions Are Participating Securities,
(“FSP EITF 03-6-1”). FSP EITF 03-6-1 addresses whether instruments granted in
share-based payment transactions are participating securities prior to vesting,
and therefore need to be included in the computation of earnings per share under
the two-class method as described in FASB Statement of Financial Accounting
Standards No. 128, “Earnings per Share.” FSP EITF 03-6-1 is effective for
financial statements issued for fiscal years beginning on or after
December 15, 2008 and earlier adoption is prohibited. We are not required
to adopt FSP EITF 03-6-1; neither do we believe that FSP EITF 03-6-1 would have
material effect on our consolidated financial positionand results of
operations if adopted.





Year end


The
Company has adopted December 31 as its fiscal year end.





Note
3 - Going concern





The
accompanying financial statements have been prepared assuming the Company will
continue as a going concern.  As shown in the accompanying financial
statements, the Company has incurred a net loss of ($60,494) for the period from
March 29, 2006 (inception) to December 31, 2008, and had sales of
$1,674.  The future of the Company is dependent upon its ability to
obtain financing and upon future profitable operations from the development of
its new business opportunities.





The
financial statements do not include any adjustments relating to the
recoverability and classification of recorded assets, or the amounts of and
classification of liabilities that might be necessary in the event the Company
cannot continue in existence.





These
conditions raise substantial doubt about the Company's ability to continue as a
going concern.  These financial statements do not include any
adjustments that might arise from this uncertainty.








F10


24


White
Dental Supply, Inc.


(a
Development Stage Company)


Notes





Note
4 – Income taxes





For the
years ended December 31, 2008 and 2007, the Company incurred net operating
losses.  A provision for income taxes has been recorded in the amount
of $45 in the years ended December 31, 2008 and 2007 for minimum state income
taxes paid in those periods.  In addition, no benefit for income taxes
has been recorded due to the uncertainty of the realization of any tax assets.
At December 31, 2008 and 2007, the Company had approximately $28,720 and $17,084
of federal and state net operating losses.  The net operating loss
carryforwards, if not utilized, will begin to expire in 2023.





The
components of the Company’s deferred tax asset are as follows:





December
      31,2008
                
                
                2007Deferred
      tax assets:Net
      operating loss carryforwards
                
                
                9,765
                
                
                
                5,906Valuation
      allowance
                
                
                (9,765
                )
                
                
                (5,906
                )Total
      deferred tax assets
                
                $
                -0-
                
                
                $
                -0-





For
financial reporting purposes, the Company has incurred a loss in each period
since its inception. Based on the available objective evidence, including the
Company’s history of losses, management believes it is more likely than not that
the net deferred tax assets will not be fully realizable. Accordingly, the
Company provided for a full valuation allowance against its net deferred tax
assets at December 31, 2008 and 2007.





Note
5 – Debt and interest expense





On
November 13, 2008, a non-affiliated third party loaned the Company
$1,500.  The note bears no interest and is due on demand.





Note
6 – Stockholders’ equity





The
Company is authorized to issue 100,000,000 shares of its $0.001 par value common
stock.





On March
28, 2006, the Company issued 10,000,000 shares of its par value common stock as
founders’ shares to an officer and director in exchange for services rendered in
the amount of $10,000.





On April
7, 2006, the Company issued 250,000 shares of its par value common stock as
founders’ shares to an officer and director in exchange for cash in the amount
of $5,000.





On
September 8, 2006, the founding shareholder of the Company donated cash in the
amount of $5,000.  The entire amount is considered donated capital and
recorded as additional paid-in capital.





On May
10, 2007, the Company completed a public offering, whereby it sold 800,000
shares of its par value common stock for total gross cash proceeds in the amount
of $40,000.  Total offering costs related to this issuance was
$500.





As of
December 31, 2008, there have been no other issuances of common
stock.











F11


25


White
Dental Supply, Inc.


(a
Development Stage Company)


Notes





Note
7 – Warrants and options





As of
December 31, 2008, there were no warrants or options outstanding to acquire any
additional shares of common stock.





Note
8 – Related party transactions





The
Company issued 10,000,000 shares of its no par value common stock as founders’
shares to an officer and director in exchange for services rendered in the
amount of $10,000.





The
Company issued 250,000 shares of its no par value common stock as founders’
shares to an officer and director in exchange for cash in the amount of
$5,000.





A
shareholder, officer and director of the Company donated cash to the Company in
the amount of $5,000.  This amount has been donated to the Company, is
not expected to be repaid and is considered additional paid-in
capital.





The
Company does not lease or rent any property.  Office services are
provided without charge by an officer and director of the
Company.  Such costs are immaterial to the financial statements and,
accordingly, have not been reflected therein.  The officers of the
Company are involved in other business activities and may, in the future, become
involved in other business opportunities.  If a specific business
opportunity becomes available, such persons may face a conflict in selecting
between the Company and their other business interests.  The Company
has not formulated a policy for the resolution of such conflicts.











F12


26


CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS





None.





CONTROLS AND PROCEDURES





Evaluation
of Disclosure Controls and Procedures





We
maintain a set of disclosure controls and procedures designed to ensure that
information we are required to disclose in reports filed under the Securities
Exchange Act is recorded, processed, summarized and reported within the time
periods specified by the SEC’s rules and forms.  Disclosure controls
are also designed with the objective of ensuring that this information is
accumulated and communicated to our management, including our chief executive
officer and chief financial officer, as appropriate, to allow timely decisions
regarding required disclosure.





Based
upon their evaluation as of the end of the period covered by this report, our
chief executive officer and chief financial officer concluded that our
disclosure controls and procedures are not effective to ensure that information
required to be included in our periodic SEC filings is recorded, processed,
summarized, and reported within the time periods specified in the SEC rules and
forms.





Our Board
of Directors were advised by Moore & Associates, Chartered, the Company’s
independent registered public accounting firm, that during their performance of
audit procedures for 2008 Moore & Associates, Chartered identified a
material weakness as defined in Public Company Accounting Oversight Board
Standard No. 2 in the Company’s internal control over financial
reporting.





This
deficiency consisted primarily of inadequate staffing and supervision that could
lead to the untimely identification and resolution of accounting and disclosure
matters and failure to perform timely and effective reviews.  However,
the size of the Company prevents us from being able to employ sufficient
resources to enable us to have adequate segregation of duties within our
internal control system.  Management is required to apply its judgment
in evaluating the cost-benefit relationship of possible controls and
procedures.





Management’s
Annual Report on Internal Control over Financial Reporting





Our
management is responsible for establishing and maintaining adequate internal
control over financial reporting.  Internal control over financial
reporting is defined in Rule 13a-15(f) or 15d-15(f) promulgated under the
Securities Exchange Act of 1934 as a process designed by, or under the
supervision of, the company’s principal executive and principal financial
officers and effected by the company’s board of directors, management and other
personnel, to provide reasonable assurance regarding the reliability of
financial reporting and the preparation of financial statements for external
purposes in accordance with accounting principles generally accepted in the
United States of America and includes those policies and procedures
that:





1.
            Pertain
      to the maintenance of records that in reasonable detail accurately and
      fairly reflect the transactions and dispositions of the assets of the
      company;





2.
            Provide
      reasonable assurance that transactions are recorded as necessary to permit
      preparation of financial statements in accordance with accounting
      principles generally accepted in the United States of America and that
      receipts and expenditures of the company are being made only in accordance
      with authorizations of management and directors of the company;
      and





3.
            Provide
      reasonable assurance regarding prevention or timely detection of
      unauthorized acquisition, use or disposition of the company’s assets that
      could have a material effect on the financial
  statements.





Because
of its inherent limitations, internal control over financial reporting may not
prevent or detect misstatements.  Projections of any evaluation of
effectiveness to future periods are subject to the risk that controls may become
inadequate because of changes in conditions, or that the degree of compliance
with the policies or procedures may deteriorate.  All internal control
systems, no matter how well designed, have inherent
limitations.  Therefore, even those systems determined to be effective
can provide only reasonable assurance with respect to financial statement
preparation and presentation.  Because of the inherent limitations of
internal control, there is a risk that material misstatements may not be
prevented or detected on a timely basis by internal control over financial
reporting. However, these inherent limitations are known features of the
financial reporting process.  Therefore, it is possible to design into
the process safeguards to reduce, though not eliminate, this risk.





27


As of
December 31, 2008, management assessed the effectiveness of our internal control
over financial reporting based on the criteria for effective internal control
over financial reporting established in Internal Control--Integrated Framework
issued by the Committee of Sponsoring Organizations of the Treadway Commission
("COSO") and SEC guidance on conducting such assessments.  Based on
that evaluation, they concluded that, during the period covered by this report,
such internal controls and procedures were not effective to detect the
inappropriate application of US GAAP rules as more fully described
below.  This was due to deficiencies that existed in the design or
operation of our internal controls over financial reporting that adversely
affected our internal controls and that may be considered to be material
weaknesses.





The
matters involving internal controls and procedures that our management
considered to be material weaknesses under the standards of the Public Company
Accounting Oversight Board were: (1) lack of a functioning audit committee due
to a lack of a majority of independent members and a lack of a majority of
outside directors on our board of directors, resulting in ineffective oversight
in the establishment and monitoring of required internal controls and
procedures; (2) inadequate segregation of duties consistent with control
objectives; and (3) ineffective controls over period end financial disclosure
and reporting processes.  The aforementioned material weaknesses were
identified by our Chief Executive Officer in connection with the review of our
financial statements as of December 31, 2008.





Management
believes that the material weaknesses set forth in items (2) and (3) above did
not have an effect on our financial results.  However, management
believes that the lack of a functioning audit committee and the lack of a
majority of outside directors on our board of directors results in ineffective
oversight in the establishment and monitoring of required internal controls and
procedures, which could result in a material misstatement in our financial
statements in future periods.





This
annual report does not include an attestation report of the Corporation's
registered public accounting firm regarding internal control over financial
reporting.  Management's report was not subject to attestation by the
Corporation's registered public accounting firm pursuant to temporary rules of
the SEC that permit the Corporation to provide only the management's report in
this annual report.





Changes
in Internal Control over Financial Reporting





There
were no changes in our internal control over financial reporting that occurred
during our most recent fiscal quarter that have materially affected, or
reasonably likely to materially affect, our internal control over financial
reporting.





OTHER INFORMATION





None.




















28


PART III





DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE
GOVERNANCE





White
Dental Supply, Inc.'s Directors are elected by the stockholders to a term of one
(1) year and serve until their successors are elected and
qualified.  The officers are appointed by the Board of Directors to a
term of one (1) year and serves until his/her successor is duly elected and
qualified, or until he/she is removed from office.  The Board of
Directors has no nominating, auditing, or compensation committees.





The names
and ages of our sole director and executive officers and their positions are as
follows:





Name
                
                Age
                
                PositionNancy
      White
                
                42
                
                President,
      CEO, Secretary and DirectorMichael
      R. White
                
                36
                
                Treasurer





Nancy White, President: Ms.
White graduated from the University of South Dakota in 1986.  She is a
licensed Dental Hygienist and Certified Local Anesthesiologist.  She
regularly attends classes at various area colleges and universities to maintain
her certified status.  Mrs. White has been employed as a dental
hygienist for the past 20 years.  Most recently, Ms. White has been
employed at Perfect Teeth in Phoenix, Arizona, where she has been on staff for
the past 8 years, since 1998.  She is responsible for performing adult
and child prophies, performing advanced periodontal treatment and root lanning,
administering local anesthesia, applying sealant materials and working with
bleach trays.





Michael R. White,
Treasurer:  Mr. White graduated Cum Laude from Iowa Lakes
Community College in 1991.  Mr. White further pursued a Bachelor of
Science Degree in Fine Arts at the University of Northern Iowa and a degree in
Mass Communication at the University of South Dakota.  He is a
supervisor in the Engraving/Reducing/3D CAD CNC Department at Medallic Art
Company, where he has been employed for the past 9
years.  Mr.  White directs the overall operations of
engraving, reducing, mold making, 3D CAD drawing, CNC setup, inventory, die
production, software and quality control.





Family
Relationships





Nancy
White and Michael White are siblings.





Involvement
on Certain Material Legal Proceedings During the Last Five Years





No
director, officer, significant employee or consultant has been convicted in a
criminal proceeding, exclusive of traffic violations.





No
bankruptcy petitions have been filed by or against any business or property of
any director, officer, significant employee or consultant of the Company nor has
any bankruptcy petition been filed against a partnership or business association
where these persons were general partners or executive officers.





No
director, officer, significant employee or consultant has been permanently or
temporarily enjoined, barred, suspended or otherwise limited from involvement in
any type of business, securities or banking activities.





No
director, officer or significant employee has been convicted of violating a
federal or state securities or commodities law.





Audit
Committee and Financial Expert





We do not
have an Audit Committee. Our sole director performs some of the same functions
of an Audit Committee, such as: recommending a firm of independent certified
public accountants to audit the annual financial statements; reviewing the
independent auditors independence, the financial statements and their audit
report; and reviewing management's administration of the system of internal
accounting controls. The Company does not currently have a written audit
committee charter or similar document.





We have
no financial expert. We believe the cost related to retaining a financial expert
at this time is prohibitive. Further, because of our start-up operations, we
believe the services of a financial expert are not warranted.




29





Section
16(a) Beneficial Ownership Reporting Compliance





Section
16(a) of the Securities Exchange Act of 1934, as amended, requires our director
and executive officers, and persons who beneficially own more than 10% of a
registered class of our equity securities, to file reports of beneficial
ownership and changes in beneficial ownership of our securities with the SEC on
Forms 3 (Initial Statement of Beneficial Ownership), 4 (Statement of Changes of
Beneficial Ownership of Securities) and 5 (Annual Statement of Beneficial
Ownership of Securities). Directors, executive officers and beneficial owners of
more than 10% of our Common Stock are required by SEC regulations to furnish us
with copies of all Section 16(a) forms that they file.  As a company
with securities registered under Section 15(d) of the Exchange Act, our
executive officers and director, and persons who beneficially own more than ten
percent of our common stock are not required to file Section 16(a)
reports.





Code
of Ethics





We have
not adopted a Code of Business Conduct and Ethics that applies to our principal
executive officer, principal financial officer, principal accounting officer or
controller, or persons performing similar functions in that our sole officer and
director serves in all the above capacities.





Corporate
Governance





Nominating
Committee





We do not
have a Nominating Committee or Nominating Committee Charter. Our sole director
performs the functions associated with a Nominating Committee. We have elected
not to have a Nominating Committee in that we are a development stage
company.





Director Nomination
Procedures





Nominees
for Directors are identified and suggested by the members of the Board or
management using their business networks. The Board has not retained any
executive search firms or other third parties to identify or evaluate director
candidates and does not intend to in the near future. In selecting a nominee for
director, the Board or management considers the following criteria:





1.
            Whether
      the nominee has the personal attributes for successful service on the
      Board, such as demonstrated character and integrity; experience at a
      strategy/policy setting level; managerial experience dealing with complex
      problems; an ability to work effectively with others; and sufficient time
      to devote to our affairs;





2.
            Whether
      the nominee has been the chief executive officer or senior executive of a
      public company or a leader of a similar organization, including industry
      groups, universities or governmental
  organizations;





3.
            Whether
      the nominee, by virtue of particular experience, technical expertise or
      specialized skills or contacts relevant to our current or future business,
      will add specific value as a Board member;
and





4.
            Whether
      there are any other factors related to the ability and willingness of a
      new nominee to serve, or an existing Board member to continue his
      service.





The Board
or management has not established any specific minimum qualifications that a
candidate for director must meet in order to be recommended for Board
membership. Rather, the Board or management will evaluate the mix of skills and
experience that the candidate offers, consider how a given candidate meets the
Board’s current expectations with respect to each such criterion and make a
determination regarding whether a candidate should be recommended to the
stockholders for election as a Director. During 2008, we received no
recommendation for Directors from our stockholders.





We will
consider for inclusion in our nominations of new Board of Directors nominees
proposed by stockholders who have held at least 1% of our outstanding voting
securities for at least one year. Board candidates referred by such stockholders
will be considered on the same basis as Board candidates referred from other
sources. Any stockholder who wishes to recommend for our consideration a
prospective nominee to serve on the Board of Directors may do so by giving the
candidate’s name and qualifications in writing to our Secretary at the following
address: 11677 N. 91st Place,
Scottsdale, Arizona 85260.







30


EXECUTIVE COMPENSATION





Summary
Compensation Table





The
following table sets forth, for the last completed fiscal years ended December
31, 2008 and 2007 the cash compensation paid by the Company, as well as certain
other compensation paid with respect to those years and months, to the Chief
Executive Officer and, to the extent applicable, each of the three other most
highly compensated executive officers of the Company in all capacities in which
they served:





Summary Compensation
  TableName
      and
                  Principal
      Position
                Year
                Salary
      ($)
                Bonus
      ($)
                Stock
      Awards ($)
                Option
      Awards ($)
                Non-Equity
      Incentive Plan Compen-sation ($)
                Non-qualified
      Deferred Compen-sation Earnings ($)
                All
      Other Compen-sation ($)
                Total
                  ($)Nancy
      White
                2008
                0
                0
                0
                0
                0
                0
                0
                0President
                2007
                0
                0
                0
                0
                0
                0
                0
                0Michael
      White
                2008
                0
                0
                0
                0
                0
                0
                0
                0Treasurer
                2007
                0
                0
                0
                0
                0
                0
                0
                0





Directors'
Compensation





Our sole
director is not entitled to receive compensation for services rendered to us, or
for each meeting attended except for reimbursement of out-of-pocket
expenses.  We have no formal or informal arrangements or agreements to
compensate our director for services she provides as a director of our
company.





Employment
Contracts and Officers' Compensation





Since our
incorporation, we have not paid any compensation to our officers, director and
employees.  We do not have employment agreements.  Any
future compensation to be paid will be determined by our Board of Directors, and
an employment agreement will be executed.  We do not currently have
plans to pay any compensation until such time as we are cash flow
positive.





Stock
Option Plan And Other Long-term Incentive Plan





We
currently do not have existing or proposed option/SAR grants.





SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND
MANAGEMENT





Security
Ownership of Certain Beneficial Owners and Management





The
following table sets forth certain information as of the date of this offering
with respect to the beneficial ownership of White Dental Supply, Inc.’s common
stock by all persons known by White Dental Supply to be beneficial owners of
more than 5% of any such outstanding classes, and by each director and executive
officer, and by all officers and directors as a group.  Unless
otherwise specified, the named beneficial owner has, to our knowledge, either
sole or majority voting and investment power.





Title
      Of Class
                    Name,
      Title and Address of Beneficial Owner of Shares(1)
                    
                    Amount
      of Beneficial Ownership(2)
                    
                    
                    Percent
      of ClassCommon
                    Nancy
      White, President and CEO
                    
                    
                    10,250,000
                    
                    
                    
                    92.76
                    %All
      Directors and Officers as a group (1 person)
                    
                    
                    10,250,000
                    
                    
                    
                    92.76
                    %





31


Notes:





1.
            The
      address for Nancy White is c/o White Dental Supply, Inc., 11677 N. 91st
      Place, Scottsdale, Arizona 85260.





2.
            As
      used in this table, “beneficial ownership” means the sole or shared power
      to vote, or to direct the voting of, a security, or the sole or share
      investment power with respect to a security (i.e., the power to dispose
      of, or to direct the disposition of a
security).





CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND
DIRECTOR INDEPENDENCE





In March
2006, we issued 10,000,000 shares of $0.001 par value common stock to Nancy
White, an officer and our sole director, in exchange for services performed
valued at $10,000, related specifically to the formation and organization of our
corporation, as well as setting forth a business plan and operational
objectives.





Also in
March 2006, we issued 250,000 shares of $0.001 par value common stock to Nancy
White, in exchange for cash in the amount of $5,000.





In
September 2006, a shareholder, Nancy White donated cash to the Company in the
amount of $5,000.  This amount has been donated to the Company, is not
expected to be repaid and is considered additional paid-in capital.





Additionally,
we use office space and services provided without charge by Mrs.
White.





Director
Independence




The Board
of Directors has concluded that our sole director, Nancy White, is not
independent in accordance with the director independence standards.





PRINCIPAL ACCOUNTING FEES AND SERVICES





The
following table sets forth fees billed to us by our independent auditors for the
years ended 2008 and 2007 for (i) services rendered for the audit of our annual
financial statements and the review of our quarterly financial statements, (ii)
services rendered that are reasonably related to the performance of the audit or
review of our financial statements that are not reported as Audit Fees, and
(iii) services rendered in connection with tax preparation, compliance, advice
and assistance.





SERVICES
                
                2008
                
                
                2007Audit
      fees
                
                $
                6,050
                
                
                $
                3,500Audit-related
      fees
                
                
                -
                
                
                
                -Tax
      fees
                
                
                -
                
                
                
                -All
      other fees
                
                
                -
                
                
                
                -Total
      fees
                
                $
                6,050
                
                
                $
                3,500





EXHIBITS





Exhibit
      Number
            Name
      and/or Identification of Exhibit3
            Articles
      of Incorporation & By-Laws(a)
      Articles of Incorporation (1)(b)
      By-Laws (1)31
            Rule
      13a-14(a)/15d-14(a) Certifications32
            Certification
      under Section 906 of the Sarbanes-Oxley Act (18 U.S.C. Section
      1350)


(1)
            Incorporated
      by reference to the Registration Statement on Form SB-2, previously filed
      with the SEC on August 3, 2007.







32





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, thereto duly
authorized.





WHITE
      DENTAL SUPPLY, INC.(Registrant)By:
      /s/ Nancy White, President &
CEO





In
accordance with the requirements of the Securities Act of 1933, this
Registration Statement was signed by the following persons in the capacities and
on the dates stated:





Signature
                    Title
                    Date/s/
      Nancy White
                    President,
      CEO and Director
                    March
      30, 2009Nancy
      White/s/
      Michael White
                    Chief
      Financial Officer
                    March
      30, 2009Michael
      White/s/
      Michael White
                    Chief
      Accounting Officer
                    March
      30, 2009Michael
      White



































33