**FORM      10-QSB**

**x**

**February      29th, 2008**

**COMMISSION      FILE NUMBER **
**000-51376**

**RANCHO      SANTA MONICA DEVELOPMENTS INC.**

| **NEVADA**                                                                                                       |   | **83-0414306**                                   |
|------------------------------------------------------------------------------------------------------------------|--------|--------------------------------------------------|
| (State                or other jurisdiction of incorporation or organization)                                    |   | (IRS                Employer Identification No.) |
|                                                                                                             |   |                                             |
| **3104                Sunnyhurst Road**                                                                          |   |                                             |
| **North                Vancouver, BC, Canada V7K 2G3**                                                           |   |                                             |
| (Address                of principal executive offices)                                                          |   |                                             |
|                                                                                                             |   |                                             |
| **(604)                537-5905**                                                                                |   |                                             |
| Issuer's                telephone number                                                                         |   |                                             |
|                                                                                                             |   |                                             |
| **Not                Applicable**                                                                                |
| (Former                name, former address and former fiscal year, if changed since last                report) |

**Yes      x**

**No      x**

**As      of March 14**
**th**

**,      2008, the Issuer had 7,866,999 Shares of Common Stock outstanding.**

**No      x**

----

**PART      I - FINANCIAL INFORMATION**

**ITEM      1.**
**FINANCIAL      STATEMENTS.**

----

**RANCHO        SANTA MONICA DEVELOPMENTS, INC.**

----

| **RANCHO                  SANTA MONICA DEVELOPMENTS, INC.** |
|-------------------------------------------------------------|
| Balance                  Sheets                             |
|                                                             |

|                                                                                                                                                                                     |   | February                  29, |     | November                  30, |   |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-------------------------------|----------|-------------------------------|--------|
|                                                                                                                                                                                     |   | 2008                          |     | 2007                          |   |
|                                                                                                                                                                                     |   | (Unaudited)                   |     |                          |   |
|  ASSETS                                                                                                                                                                             |   |                          |     |                          |   |
| CURRENT                  ASSETS                                                                                                                                                          |   |                          |     |                          |   |
|                                                                                                                                                                                     |   |                          |     |                          |   |
| Cash                                                                                                                                                                                     |   | $                             | 34,363   |                          | $      | 493 |   |
|                                                                                                                                                                                     |   |                          |     |                          |   |   |   |
|  Total                  Current Assets                                                                                                                                              |   |                          | 34,363   |                          |   | 493 |   |
|                                                                                                                                                                                     |   |                          |     |                          |   |   |   |
| PROPERTY                  AND EQUIPMENT, NET                                                                                                                                             |   |                          | 301,978  |                          |   | 304,108 |   |
|                                                                                                                                                                                     |   |                          |     |                          |   |   |   |
|  TOTAL                  ASSETS                                                                                                                                                      |   | $                             | 336,341  |                          | $      | 304,601 |   |
|                                                                                                                                                                                     |   |                          |     |                          |   |   |   |
|  LIABILITIES                  AND STOCKHOLDERS' EQUITY                                                                                                                              |   |                          |     |                          |   |   |   |
|                                                                                                                                                                                     |   |                          |     |                          |   |   |   |
| CURRENT                  LIABILITIES                                                                                                                                                     |   |                          |     |                          |   |   |   |
|                                                                                                                                                                                     |   |                          |     |                          |   |   |   |
| Accounts                  payable and accrued liabilities                                                                                                                                |   | $                             | 9,000    |                          | $      | 29,996 |   |
| Due                  to related parties                                                                                                                                                  |   |                          | 141,784  |                          |   | 118,788 |   |
| Notes                  payable                                                                                                                                                           |   |                          | 50,000   |                          |   | 50,000 |   |
|                                                                                                                                                                                     |   |                          |     |                          |   |   |   |
|  Total                  Current Liabilities                                                                                                                                         |   |                          | 200,784  |                          |   | 198,784 |   |
|                                                                                                                                                                                     |   |                          |     |                          |   |   |   |
| COMMITMENTS                  AND CONTINGENCIES                                                                                                                                           |   |                          | -        |                          |   | - |   |
|                                                                                                                                                                                     |   |                          |     |                          |   |   |   |
| STOCKHOLDERS'                  EQUITY                                                                                                                                                    |   |                          |     |                          |   |   |   |
|                                                                                                                                                                                     |   |                          |     |                          |   |   |   |
| Preferred                  stock; 100,000,000 shares authorized at $0.0001 par value, no shares                  issued or outstanding                                                   |   |                          | -        |                          |   | - |   |
| Common                  stock; 100,000,000 shares authorized at $0.0001 par value, 7,866,999                  and                  7,816,999 shares issued and outstanding, respectively |   |                          | 7,867    |                          |   | 7,817 |   |
| Additional                  paid-in capital                                                                                                                                              |   |                          | 252,338  |                          |   | 211,388 |   |
| Currency                  translation adjustment                                                                                                                                         |   |                          | (4,835   | )                             |   | (4,835 | ) |
| Accumulated                  deficit                                                                                                                                                     |   |                          | (119,813 | )                             |   | (108,553 | ) |
|                                                                                                                                                                                     |   |                          |     |                          |   |   |   |
|  Total                  Stockholders' Equity                                                                                                                                        |   |                          | 135,557  |                          |   | 105,817 |   |
|                                                                                                                                                                                     |   |                          |     |                          |   |   |   |
|  TOTAL                  LIABILITIES AND STOCKHOLDERS' EQUITY                                                                                                                        |   | $                             | 336,341  |                          | $      | 304,601 |   |

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

----

| **RANCHO                  SANTA MONICA DEVELOPMENTS, INC.** |
|-------------------------------------------------------------|
| Statements                  of Operations                   |
| (Unaudited)                                                 |

|                                                                  |   | For                  the Three Months Ended February 29, 2008 |      | For                  the Three Months Ended February 28, 2007 |   |
|-----------------------------------------------------------------------|--------|---------------------------------------------------------------|-----------|---------------------------------------------------------------|--------|
|                                                                  |   |                                                          |      |                                                          |   |
| REVENUES                                                              |   | $                                                             | 13,736    |                                                          | $      | - |   |
|                                                                  |   |                                                          |      |                                                          |   |   |   |
| OPERATING                  EXPENSES                                   |   |                                                          |      |                                                          |   |   |   |
|                                                                  |   |                                                          |      |                                                          |   |   |   |
| General                  and administrative                           |   |                                                          | 16,442    |                                                          |   | 7,091 |   |
| Professional                  fees                                    |   |                                                          | 4,924     |                                                          |   | 2,500 |   |
| Depreciation                  expense                                 |   |                                                          | 2,130     |                                                          |   | - |   |
|                                                                  |   |                                                          |      |                                                          |   |   |   |
|  Total                  Operating Expenses                       |   |                                                          | 23,496    |                                                          |   | 9,591 |   |
|                                                                  |   |                                                          |      |                                                          |   |   |   |
| INCOME                  (LOSS) FROM OPERATIONS                        |   |                                                          | (9,760    | )                                                             |   | (9,591 | ) |
|                                                                  |   |                                                          |      |                                                          |   |   |   |
| OTHER                  INCOME (EXPENSE)                               |   |                                                          |      |                                                          |   |   |   |
|                                                                  |   |                                                          |      |                                                          |   |   |   |
| Interest                  expense                                     |   |                                                          | (1,500    | )                                                             |   | (1,500 | ) |
|                                                                  |   |                                                          |      |                                                          |   |   |   |
|  Total                  Other Income (Expense)                   |   |                                                          | (1,500    | )                                                             |   | (1,500 | ) |
|                                                                  |   |                                                          |      |                                                          |   |   |   |
| NET                  INCOME (LOSS)                                    |   | $                                                             | (11,260   | )                                                             | $      | (11,091 | ) |
|                                                                  |   |                                                          |      |                                                          |   |   |   |
| CURRENCY                  TRANSLATION ADJUSTMENT                      |   |                                                          | -         |                                                          |   | (1,180 | ) |
|                                                                  |   |                                                          |      |                                                          |   |   |   |
| COMPREHENSIVE                  NET INCOME (LOSS)                      |   | $                                                             | (11,260   | )                                                             | $      | (12,271 | ) |
|                                                                  |   |                                                          |      |                                                          |   |   |   |
| BASIC                  INCOME (LOSS) PER SHARE                        |   | $                                                             | (0.00     | )                                                             | $      | (0.00 | ) |
|                                                                  |   |                                                          |      |                                                          |   |   |   |
| WEIGHTED                  AVERAGE NUMBER OF COMMON SHARES OUTSTANDING |   |                                                          | 7,866,999 |                                                          |   | 7,791,542 |   |

| The                  accompanying notes are an integral part of these financial                  statements |
|-------------------------------------------------------------------------------------------------------------|

----

| **RANCHO                  SANTA MONICA DEVELOPMENTS, INC.** |
|-------------------------------------------------------------|
| Statements                  of Stockholders' Equity         |
| (Unaudited)                                                 |

|                                                             |   | Common                  Stock |      | Additional                  Paid-In |   | Stock                  Subscriptions |   | Currency                  Translation |    | Accumulated  |   |    |   |
|------------------------------------------------------------------|--------|-------------------------------|-----------|-------------------------------------|--------|--------------------------------------|--------|---------------------------------------|---------|--------------|--------|--------------|--------|
|                                                             |   | Shares                        |      | Amount                              |   | Capital                              |   | Receivable                            |    | Adjustment   |   | Deficit      |   | Total |   |
|                                                             |   |                          |      |                           |   |                            |   |                             |    |    |   |    |   |    |   |
| Balance,                  November 30, 2006                      |   |                          | 7,751,999 |                                | $      | 7,752                                |   | $                                     | 136,453 |         | $      | -            |   | $ | (1,400 | ) | $ | (113,186 | ) | $ | 29,619 |   |
|                                                             |   |                          |      |                                |   |                                 |   |                                  |    |         |   |         |   |   |   |   |   |   |   |   |   |   |
| Common                  stock cancelled                          |   |                          | (10,000   | )                                   |   | (10                                  | )      |                                  | 10      |         |   | -            |   |   | - |   |   | - |   |   | - |   |
|                                                             |   |                          |      |                                |   |                                 |   |                                  |    |         |   |         |   |   |   |   |   |   |   |   |   |   |
| Shares                  issued for cash at $1.00 per share       |   |                          | 75,000    |                                |   | 75                                   |   |                                  | 74,925  |         |   | -            |   |   | - |   |   | - |   |   | 75,000 |   |
|                                                             |   |                          |      |                                |   |                                 |   |                                  |    |         |   |         |   |   |   |   |   |   |   |   |   |   |
| Net                  income for the year ended November 30, 2007 |   |                          | -         |                                |   | -                                    |   |                                  | -       |         |   | -            |   |   | (3,435 | ) |   | 4,633 |   |   | 1,198 |   |
|                                                             |   |                          |      |                                |   |                                 |   |                                  |    |         |   |         |   |   |   |   |   |   |   |   |   |   |
| Balance,                  November 30, 2007                      |   |                          | 7,816,999 |                                |   | 7,817                                |   |                                  | 211,388 |         |   | -            |   |   | (4,835 | ) |   | (108,553 | ) |   | 105,817 |   |
|                                                             |   |                          |      |                                |   |                                 |   |                                  |    |         |   |         |   |   |   |   |   |   |   |   |   |   |
| Shares                  issued for cash at $0.82 per share       |   |                          | 50,000    |                                |   | 50                                   |   |                                  | 40,950  |         |   | -            |   |   | - |   |   | - |   |   | 41,000 |   |
|                                                             |   |                          |      |                                |   |                                 |   |                                  |    |         |   |         |   |   |   |   |   |   |   |   |   |   |
| Net                  lossfor the period ended February 29, 2008  |   |                          | -         |                                |   | -                                    |   |                                  | -       |         |   | -            |   |   | - |   |   | (11,260 | ) |   | (11,260 | ) |
|                                                             |   |                          |      |                                |   |                                 |   |                                  |    |         |   |         |   |   |   |   |   |   |   |   |   |   |
| Balance,                  February 29, 2008                      |   |                          | 7,866,999 |                                | $      | 7,867                                |   | $                                     | 252,338 |         | $      | -            |   | $ | (4,835 | ) | $ | (119,813 | ) | $ | 135,557 |   |

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

----

| **RANCHO                  SANTA MONICA DEVELOPMENTS, INC.** |
|-------------------------------------------------------------|
| Statements                  of Cash Flows                   |
| (Unaudited)                                                 |

|                                                                                                          |   | For                  the Three Months Ended February 29, 2008 |    | For                  the Three Months Ended February 28, 2007 |   |
|---------------------------------------------------------------------------------------------------------------|--------|---------------------------------------------------------------|---------|---------------------------------------------------------------|--------|
|                                                                                                          |   |                                                          |    |                                                          |   |
| CASH                  FLOWS FROM OPERATING ACTIVITIES                                                         |   |                                                          |    |                                                     |   |
|                                                                                                          |   |                                                          |    |                                                     |   |
| Net                  income (loss)                                                                            |   | $                                                             | (11,260 | )                                                             | $      | (12,271 | ) |
| Adjustments                  to reconcile net loss to net cash used by operating                  activities: |   |                                                          |    |                                                          |   |   |   |
| Depreciation                  and amortization                                                                |   |                                                          | 2,130   |                                                          |   | - |   |
| Currency                  translation adjustment                                                              |   |                                                          | -       |                                                          |   | 1,078 |   |
| Changes                  in operating assets and liabilities:                                                 |   |                                                          |    |                                                          |   |   |   |
| Change                  in due to related parties                                                             |   |                                                          | -       |                                                          |   | 8,402 |   |
| Changes                  in accounts payable and accrued expenses                                             |   |                                                          | 2,000   |                                                          |   | - |   |
|                                                                                                          |   |                                                          |    |                                                          |   |   |   |
|  Net                  Cash Used by Operating Activities                                                  |   |                                                          | (7,130  | )                                                             |   | (2,791 | ) |
|                                                                                                          |   |                                                          |    |                                                          |   |   |   |
| CASH                  FLOWS FROM INVESTING ACTIVITIES                                                         |   |                                                          | -       |                                                          |   | - |   |
|                                                                                                          |   |                                                          |    |                                                          |   |   |   |
| CASH                  FLOWS FROM                                                                              |   |                                                          |    |                                                          |   |   |   |
| FINANCING                  ACTIVITIES                                                                         |   |                                                          |    |                                                          |   |   |   |
|                                                                                                          |   |                                                          |    |                                                          |   |   |   |
| Proceeds                  from notes payable                                                                  |   |                                                          | -       |                                                          |   | - |   |
| Proceeds                  from common stock issued                                                            |   |                                                          | 41,000  |                                                          |   | - |   |
|                                                                                                          |   |                                                          |    |                                                          |   |   |   |
|  Net                  Cash Provided by Financing Activities                                              |   |                                                          | 41,000  |                                                          |   | - |   |
|                                                                                                          |   |                                                          |    |                                                          |   |   |   |
| NET                  DECREASE IN CASH                                                                         |   |                                                          | 33,870  |                                                          |   | (2,791 | ) |
|                                                                                                          |   |                                                          |    |                                                          |   |   |   |
| CASH                  AT BEGINNING OF PERIOD                                                                  |   |                                                          | 493     |                                                          |   | 8,761 |   |
|                                                                                                          |   |                                                          |    |                                                          |   |   |   |
| CASH                  AT END OF YEAR                                                                          |   | $                                                             | 34,363  |                                                          | $      | 5,970 |   |
|                                                                                                          |   |                                                          |    |                                                          |   |   |   |
| SUPPLIMENTAL                  DISCLOSURES OF CASH FLOW INFORMATION                                            |   |                                                          |    |                                                          |   |   |   |
|                                                                                                          |   |                                                          |    |                                                          |   |   |   |
| CASH                  PAID FOR:                                                                               |   |                                                          |    |                                                          |   |   |   |
|                                                                                                          |   |                                                          |    |                                                          |   |   |   |
| Interest                                                                                                      |   | $                                                             | -       |                                                          | $      | 1,500 |   |
| Income                  Taxes                                                                                 |   | $                                                             | -       |                                                          | $      | - |   |

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

----

**RANCHO        SANTA MONICE DEVELOPMENTS, INC.**

----

**ITEM      2. **
**MANAGEMENT'S      DISCUSSION AND ANALYSIS OR PLAN OF OPERATION.**

**Cautionary      Statement Regarding Forward-Looking Statements**

**Corporate      Background**

**Recent      Corporate Developments**

|   | 1.     | We                have identified a candidate for development in Vancouver Canada and                are                currently reviewing the feasibility of the development property as                a                Hotel. |
|--------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   |                                                                                                                                                                                                                              |
|   | 2.     | We                achieved revenues of $13,736 for the year from Operations of or                Solidaridad Property.                                                                                                            |

**Acquisition      of Solidaridad Property**

| (1) | In                consideration of Ms. Galan-Rios’s grant of all of her interests in the                Solidaridad Property to us, we: (i) paid $30,000 to Ms. Galan-Rios,                and                (ii) issued an unsecured promissory note to Ms. Galan-Rios in the                amount                of $50,000, plus accrued interest at a rate of 12% per year, maturing                on                November 29, 2006; |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2) | We                agreed to provide septic and water services to tenants at a rate                of $50                per apartment unit per month; |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------|

| (3) | We                agreed that commencing on the completion of construction of the units,                for                a 25 year period following November 29, 2004, we will provide security,                maintenance and gardening services for the Solidaridad Property for                a fee                of $250 per unit per month; and |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| (4) | We                agreed to grant to Ms. Galan-Rios and any of the potential tenants,                access                to the road presently existing on the Solidaridad                Property. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**Location      of Solidaridad Property**

----

**PLAN      OF OPERATION**

----

**MILESTONES      AND OBJECTIVES**

** **

| **MILESTONES                AND OBJECTIVES**                                                                                                                                                                                                                                                                                                                                                                                   |   | **ANTICIPATED                COST** |        | **TIME                FRAME** |   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-------------------------------------|-------------|-------------------------------|--------|
|                                                                                                                                                                                                                                                                                                                                                                                                                           |   |                                |        |                          |   |   |   |
| **PHASE                I -****FIND                NEW REVENUE GENERATING STREAMS****FROM                THE SOLIDARIDAD PROPERTY**  -                Creating a newwebsite for weddings in Tulum                                                                                                                                                                                                                     |   | **$**                               | **5,000**   |                          |   | **3                Months** |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                           |   |                                |        |                          |   |   |   |
| **PHASE                II - AQUIRING OTHER DEVELOPMENT OR INCOME**  **PRODUCING                PROPERTIES IN CANADA OR****UNITED                STATES**  -                Visit areas in Canada and the United States reviewing real estate                development opportunities -                Negotiate purchase of lands -                Cash deposit required to secure potential land parcels |   | **$**                               | **50,000**  |                          |   | **3                Months** |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                           |   |                                |        |                          |   |   |   |
| **PHASE                III - AQUIRING OTHER DEVELOPMENT OR INCOME**  **PRODUCING                PROPERTIES IN MEXICO**  -                Visit other resort areas in Mexico to review real estate development                opportunities -                Negotiate purchase of lands -                Cash deposit required to secure potential land parcels                                            |   | **$**                               | **50,000**  |                          |   | **12                Months** |   |
| **TOTAL**                                                                                                                                                                                                                                                                                                                                                                                                                      |   | **$**                               | **105,000** |                          |   | **-** |   |

| ***Category***                                 |   | ***Planned                Expenditures Over******The                Next Twelve Months*** |       |
|------------------------------------------------|--------|-------------------------------------------------------------------------------------------|------------|
| Professional                Fees               |   | $                                                                                         | 5,000      |   |
| General                Administrative Expenses |   | $                                                                                         | 9,000      |   |
| Consulting                Fees                 |   | $                                                                                         | 2,000      |   |
| Contractor                Fees                 |   | $                                                                                         | 2,200      |   |
|                                           |   |                                                                                      |       |   |
| **TOTAL**                                      |   | **$**                                                                                     | **18,200** |   |

----

**Revenue**

| **Revenue                Stream**                                       |   | **Projected                Fee**                               |   | **Estimated                Expenses**                            |
|-------------------------------------------------------------------------|--------|----------------------------------------------------------------|--------|------------------------------------------------------------------|
|                                                                    |   |                                                           |   |                                                             |
| Management                Services for 9 Units                          |   | $10                per Unit per night (based on 50% occupancy) |   | $600                per month for management consulting services |
|                                                                    |   |                                                           |   |                                                             |
| Maintenance,                Security and Gardening Services for 9 Units |   | $250                per Unit per month                         |   | $600                per month for maintenance/gardening services |
|                                                                    |   |                                                           |   |                                                             |
| Septic                and Water Services for 9 Units                    |   | $50                per Unit per month                          |   | $200                per year for sewer removal and water fees    |
|                                                                    |   |                                                           |   |                                                             |
| **Total                per Month**                                      |   | **$4,050**                                                     |   | **$1,400**                                                       |

|   | (1) | We                have engaged an independent contractor to provide property maintenance,                gardening and security services to the Solidaridad Property at a                rate of                $600 per month. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**LIQUIDITY      AND CAPITAL RESOURCES**

----

**OFF-BALANCE      SHEET ARRANGEMENTS **

**CRITICAL      ACCOUNTING POLICIES**

*Development      Stage Company*

*Property      *

*Stock      Based Compensation*

*Impairment      of Long-Lived Assets*

----

**RISKS      AND UNCERTAINTIES**

**We      Do Not Own Legal Title To Our Solidaridad Property, And As A Result May Lose      All      Or Substantially All Of Our Interests In The Property **

**Environmental      And Other Regulations May Have An Adverse Effect On Our      Business.**

| 1. | civil                penalties; |
|----|---------------------------------|

----

| 2. | remediation                expenses; |
|----|--------------------------------------|

| 3. | natural                resource damages; |
|----|------------------------------------------|

| 4. | personal                injury damages; |
|----|-----------------------------------------|

| 5. | potential                injunctions; |
|----|---------------------------------------|

| 6. | cease                and desist orders; and |
|----|---------------------------------------------|

| 7. | criminal                penalties. |
|----|------------------------------------|

**We      Are Highly Dependent On Our Senior Management. The Loss Of Any Of Our Executive      Officers Could Have A Material Adverse Effect On Our Business.**

**The      Occurrence In Mexico Of Natural Disasters Could Adversely Affect Our      Business.**

**Because      We Are Significantly Smaller And Less Established Than A Majority Of Our      Competitors, We May Lack The Financial Resources Necessary To Compete      Effectively And Sustain Profitability.**

| 1. | attract                purchasers |
|----|-----------------------------------|

----

| 2. | sell                undeveloped rural land |
|----|--------------------------------------------|

**Because      Our President And Our Vice-President Have Only Agreed To Provide Their Services      On A Part-Time Basis, They May Not Be Able Or Willing To Devote A Sufficient      Amount Of Time To Our Business Operations, Causing Our Business To      Fail.**

**Because      Our President, Mr. Graham Alexander, Owns 84% Of Our Outstanding Common Stock,      Investors May Find That Corporate Decisions Influenced By Mr. Alexander Are      Inconsistent With The Best Interests Of Other      Stockholders.**

**We      Do Not Carry Comprehensive Liability Insurance. As A Result, Should An Uninsured      Loss Occur, We Could Lose Our Capital Invested In The Solidaridad Property,      As      Well As The Anticipated Future Revenues From Such Property**

----

**Our      Ability To Issue “Blank Check” Preferred Stock, Could Have The Effect Of      Deterring Or Delaying A Take Over Or Other Change In Control, Denying      Shareholders The Receipt Of A Premium On Their Common Stock And Depress The      Market Price Of Our Common Stock.**

**Future      Equity Financings May Dilute Existing Stockholders’ Ownership      Interests.**

**ITEM      3. **
**CONTROLS      AND PROCEDURES.**

**Evaluation      Of Disclosure Controls And Procedures**

**Changes      In Internal Controls Over Financial Reporting**

----

**PART      II - OTHER INFORMATION**

**ITEM      1. **
**LEGAL      PROCEEDINGS.**

**ITEM      2. **
**UNREGISTERED      SALES OF EQUITY SECURITIES AND USE OF PROCEEDS.**

**ITEM      3. **
**DEFAULTS      UPON SENIOR SECURITIES.**

**ITEM      4. **
**SUBMISSION      OF MATTERS TO A VOTE OF SECURITY HOLDERS.**

**ITEM      5.**
**OTHER      INFORMATION.**

**ITEM      6. **
**EXHIBITS      AND REPORTS ON FORM 8-K. **

| Exhibit                Number |   | Description                of Exhibits                                                                                                                                                      |
|-------------------------------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                          |   |                                                                                                                                                                                        |
| 3.1                           |   | Articles                of Incorporation.(1)                                                                                                                                                |
|                          |   |                                                                                                                                                                                        |
| 3.2                           |   | Bylaws,                as amended.(1)                                                                                                                                                       |
|                          |   |                                                                                                                                                                                        |
| 4.1                           |   | Form                of Share Certificate.(1)                                                                                                                                                |
|                          |   |                                                                                                                                                                                        |
| 10.1                          |   | 2004                Stock Option Plan.(1)                                                                                                                                                   |
|                          |   |                                                                                                                                                                                        |
| 10.2                          |   | Management                Consulting Agreement dated October 1, 2004 between Rancho Santa Monica                Developments Inc. and Graham G. Alexander.(1)                               |
|                          |   |                                                                                                                                                                                        |
| 10.3                          |   | Management                Consulting Agreement dated October 1, 2004 between Rancho Santa Monica                Developments Inc. and Angela Manetta.(1)                                    |
|                          |   |                                                                                                                                                                                        |
| 10.4                          |   | Extension                Agreement dated December 31, 2004 between Rancho Santa Monica Developments                Inc. and Graham G. Alexander.(1)                                         |
|                          |   |                                                                                                                                                                                        |
| 10.5                          |   | Extension                Agreement dated December 31, 2004 between Rancho Santa Monica Developments                Inc. and Angela Manetta.(1)                                              |
|                          |   |                                                                                                                                                                                        |
| 10.6                          |   | Purchase                Agreement dated for reference November 29, 2004 between Monica Galan-Rios                and Rancho Santa Monica Developments Inc.(1)                               |
|                          |   |                                                                                                                                                                                        |
| 10.7                          |   | Promissory                Note dated November 29, 2004 Monica Galan-Rios and Rancho Santa Monica                Developments Inc.(1)                                                        |
|                          |   |                                                                                                                                                                                        |
| 31.1                          |   | Certification                of Chief Executive Officer and Chief Financial Officer pursuant to                Section                302 of the Sarbanes-Oxley Act of                2002. |

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| 32.1 |   | Certification                of Chief Executive Officer and Chief Financial Officer pursuant to                18                U.S.C. Section 1350, as adopted pursuant to Section 906 of the                Sarbanes-Oxley Act of 2002. |
|------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**REPORTS      ON FORM 8-K**

**SIGNATURES**

|                                                  |                                                                                                                                                                                                             |                                   |
|-------------------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------------------------------------|
|                                                  | **RANCHO                SANTA MONICA DEVELOPMENTS INC.**                                                                                                                                                         |
|                                             |                                                                                                                                                                                                        |                              |
| Date: March              14th,              2008 | By:                                                                                                                                                                                                    | */s/              Graham G. Alexander* |
|                                                  | **GRAHAM                G. ALEXANDER**                                                                                                                                                                           |
|                                                  | Chief                Executive Officer, Chief Financial OfficerPresident,                Secretary and Treasurer(Principal                  Executive Officer and                  Principal Accounting Officer) |

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