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| Delaware                |   | 76-0736467                           |
|-------------------------|--------|--------------------------------------|
|                    |   |                                 |
| (State of organization) |   | (I.R.S. Employer Identification No.) |

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| Large Accelerated Filer  ̈ |   | Accelerated Filer  ̈ |   | Non-Accelerated Filer  ̈(Do not check if a smallerreporting company) |   | Smaller Reporting Company þ |
|--------------------------------|--------|--------------------------|--------|--------------------------------------------------------------------------|--------|----------------------------------|

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| PART I - FINANCIAL INFORMATION |                                                          |
|--------------------------------|---------------------------------------------------------------|
|                           |                                                          |   |
| ITEM 1.                        | INTERIM FINANCIAL STATEMENTS                                  | 2 |
| ITEM 2.                        | MANAGEMENT'S DISCUSSION OF OPERATIONS AND FINANCIAL CONDITION |  9 |
| ITEM 3.                        | QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK    |  11 |
| ITEM 4.                        | CONTROLS AND PROCEDURES                                       |  11 |
|                           |                                                          |   |
| PART II - OTHER INFORMATION    |                                                          |
|                           |                                                          |   |
| ITEM 1.                        | LEGAL PROCEEDINGS                                             |  11 |
| ITEM 2.                        | UNREGISTERED SALES OF EQUITY SECURITIES                       |  11 |
| ITEM 3.                        | DEFAULTS UPON SENIOR SECURITIES                               |  11 |
| ITEM 4.                        | (REMOVED AND RESERVED)                                        |  12 |
| ITEM 5.                        | OTHER INFORMATION                                             |  12 |
| ITEM 6.                        | EXHIBITS                                                      |  12 |
|                           |                                                          |   |
| SIGNATURES                     |  12                                                      |

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|                                                                                                                                    |   | As of March 31, 2011 |     |   | As of  December 31, 2010 |   |
|-----------------------------------------------------------------------------------------------------------------------------------------|--------|------------------------------------------|----------|--------|---------------------------------------------------|--------|
|                                                                                                                                    |   | (Unaudited)                              |     |   | (Audited)                                         |   |
| ASSETS                                                                                                                                  |   |                                     |     |   |                                              |   |
|                                                                                                                                    |   |                                     |     |   |                                              |   |
| Current Assets                                                                                                                          |   |                                     |     |   |                                              |   |
| Cash                                                                                                                                    |   | $                                        | -        |   |                                              | $      | - |   |
|                                                                                                                                    |   |                                     |     |   |                                              |   |   |   |
| TOTAL ASSETS                                                                                                                            |   | $                                        | -        |   |                                              | $      | - |   |
|                                                                                                                                    |   |                                     |     |   |                                              |   |   |   |
| LIABILITIES & STOCKHOLDERS' DEFICIT                                                                                                 |   |                                     |     |   |                                              |   |   |   |
|                                                                                                                                    |   |                                     |     |   |                                              |   |   |   |
| Current Liabilities                                                                                                                     |   |                                     |     |   |                                              |   |   |   |
| Accrued liabilities                                                                                                                     |   | $                                        | -        |   |                                              | $      | - |   |
| Note payable—related party                                                                                                        |   |                                     | 197,571  |   |                                              |   | 178,840 |   |
| Accrued interest                                                                                                                        |   |                                     | 18,852   |   |                                              |   | 16,166 |   |
|                                                                                                                                    |   |                                     |     |   |                                              |   |   |   |
| Total Current Liabilities                                                                                                               |   |                                     | 216,423  |   |                                              |   | 195,006 |   |
|                                                                                                                                    |   |                                     |     |   |                                              |   |   |   |
| TOTAL LIABILITIES                                                                                                                       |   |                                     | 216,423  |   |                                              |   | 195,006 |   |
|                                                                                                                                    |   |                                     |     |   |                                              |   |   |   |
| Stockholders' Equity (Deficit)                                                                                                          |   |                                     |     |   |                                              |   |   |   |
|                                                                                                                                    |   |                                     |     |   |                                              |   |   |   |
| Preferred stock, ($.0001 par value, 20,000,000 shares authorized;  none issued and outstanding)                               |   |                                     | -        |   |                                              |   | - |   |
| Common stock, ($.0001 par value, 80,000,000 shares authorized; 5,199,000 shares outstanding as of March 31, 2011 and December 31, 2010) |   |                                     | 520      |   |                                              |   | 520 |   |
| Additional paid-in capital                                                                                                              |   |                                     | 49,280   |   |                                              |   | 49,280 |   |
| Deficit accumulated during development stage                                                                                            |   |                                     | (266,223 | )      |                                              |   | (244,806 | ) |
|                                                                                                                                    |   |                                     |     |   |                                              |   |   |   |
| Total Stockholders' Deficit                                                                                                             |   |                                     | (216,423 | )      |                                              |   | (195,006 | ) |
|                                                                                                                                    |   |                                     |     |   |                                              |   |   |   |
| TOTAL LIABILITIES & STOCKHOLDERS' DEFICIT                                                                                           |   | $                                        | -        |   |                                              | $      | - |   |

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|                                                          |   | Three Mos.EndedMarch 31,2011 |      |   | Three Mos.EndedMarch 31,2010 |   |      | April 15, 2003(Inception)throughMarch 31,2011 |   |
|---------------------------------------------------------------|--------|----------------------------------------|-----------|--------|----------------------------------------|--------|-----------|--------------------------------------------------------------|--------|
|                                                          |   |                                   |      |   |                                   |   |      |                                                         |   |
| Revenues                                                      |   | $                                      | -         |   |                                   | $      | -         |                                                         |   | $ | - |   |
|                                                          |   |                                   |      |   |                                   |   |      |                                                         |   |   |   |   |
| Operating Expenses                                            |   |                                   |      |   |                                   |   |      |                                                         |   |   |   |   |
| Contributed rent                                              |   |                                   | -         |   |                                   |   | -         |                                                         |   |   | 5,400 |   |
| General and administrative                                    |   |                                   | 18,731    |   |                                   |   | 18,868    |                                                         |   |   | 241,970 |   |
|                                                          |   |                                   |      |   |                                   |   |      |                                                         |   |   |   |   |
| Net Operating Expenses                                        |   |                                   | 18,731    |   |                                   |   | 18,868    |                                                         |   |   | 247,370 |   |
|                                                          |   |                                   |      |   |                                   |   |      |                                                         |   |   |   |   |
| Other income (loss)                                           |   |                                   |      |   |                                   |   |      |                                                         |   |   |   |   |
|                                                          |   |                                   |      |   |                                   |   |      |                                                         |   |   |   |   |
| Interest expense                                              |   |                                   | (2,686    | )      |                                   |   | (1,844    | )                                                            |   |   | (18,853 | ) |
|                                                          |   |                                   |      |   |                                   |   |      |                                                         |   |   |   |   |
| Total other income (loss)                                     |   |                                   | (2,686    | )      |                                   |   | (1,844    | )                                                            |   |   | (18,853 | ) |
|                                                          |   |                                   |      |   |                                   |   |      |                                                         |   |   |   |   |
| Net Loss                                                      |   | $                                      | (21,417   | )      |                                   | $      | (20,712   | )                                                            |   | $ | (266,223 | ) |
|                                                          |   |                                   |      |   |                                   |   |      |                                                         |   |   |   |   |
| Basic earnings (loss)  per share—Basic and Diluted |   | $                                      | (0.00     | )      |                                   | $      | (0.00     | )                                                            |   |   |   |   |
|                                                          |   |                                   |      |   |                                   |   |      |                                                         |   |   |   |   |
| Weighted average number of common shares outstanding          |   |                                   | 5,199,000 |   |                                   |   | 5,199,000 |                                                         |   |   |   |   |

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|                                                   |   | Three Months Ended March 31, 2011 |    |   | Three Months Ended March 31, 2010 |   |    | April 15, 2003 (Inception) through March 31, 2011 |   |
|--------------------------------------------------------|--------|------------------------------------------------------------|---------|--------|------------------------------------------------------------|--------|---------|--------------------------------------------------------------------------------------|--------|
|                                                   |   |                                                       |    |   |                                                       |   |    |                                                                                 |   |
| CASH FLOWS FROM OPERATING ACTIVITIES                   |   |                                                       |    |   |                                                       |   |    |                                                                                 |   |
|                                                   |   |                                                       |    |   |                                                       |   |    |                                                                                 |   |
| Net income (loss)                                      |   | $                                                          | (21,417 | )      |                                                       | $      | (20,712 | )                                                                                    |   | $ | (266,223 | ) |
| Adjustments to reconcile net loss to net cash provided |   |                                                       |    |   |                                                       |   |    |                                                                                 |   |   |   |   |
| (used in) by operating activities:                     |   |                                                       |    |   |                                                       |   |    |                                                                                 |   |   |   |   |
| Office space contribution                              |   |                                                       | -       |   |                                                       |   | -       |                                                                                 |   |   | 5,400 |   |
| Loss on website development fees                       |   |                                                       | -       |   |                                                       |   | -       |                                                                                 |   |   | 2,500 |   |
| Changes in operating assets and liabilities:           |   |                                                       |    |   |                                                       |   |    |                                                                                 |   |   |   |   |
| Increase (decrease) in accounts payable                |   |                                                       | -       |   |                                                       |   | -       |                                                                                 |   |   | - |   |
| Increase (decrease) in interest payable                |   |                                                       | 2,686   |   |                                                       |   | 1,844   |                                                                                 |   |   | 18,852 |   |
|                                                   |   |                                                       |    |   |                                                       |   |    |                                                                                 |   |   |   |   |
| Net cash provided by (used in) operating activities    |   | $                                                          | (18,731 | )      |                                                       | $      | (20,712 | )                                                                                    |   | $ | (239,471 | ) |
|                                                   |   |                                                       |    |   |                                                       |   |    |                                                                                 |   |   |   |   |
| CASH FLOWS FROM INVESTING ACTIVITIES                   |   |                                                       |    |   |                                                       |   |    |                                                                                 |   |   |   |   |
|                                                   |   |                                                       |    |   |                                                       |   |    |                                                                                 |   |   |   |   |
| Payments for website development                       |   |                                                       | -       |   |                                                       |   | -       |                                                                                 |   |   | (2,500 | ) |
|                                                   |   |                                                       |    |   |                                                       |   |    |                                                                                 |   |   |   |   |
| Net cash provided by (used in) investing activities    |   |                                                       | -       |   |                                                       |   | -       |                                                                                 |   |   | (2,500 | ) |
|                                                   |   |                                                       |    |   |                                                       |   |    |                                                                                 |   |   |   |   |
| CASH FLOWS FROM FINANCING ACTIVITIES                   |   |                                                       |    |   |                                                       |   |    |                                                                                 |   |   |   |   |
|                                                   |   |                                                       |    |   |                                                       |   |    |                                                                                 |   |   |   |   |
| Proceeds (payments) from note payable                  |   |                                                       | 18,731  |   |                                                       |   | 18,868  |                                                                                 |   |   | 197,571 |   |
| Proceeds (payments)—loan from officer            |   |                                                       | -       |   |                                                       |   | -       |                                                                                 |   |   | - |   |
| Common stock issued for cash                           |   |                                                       | -       |   |                                                       |   | -       |                                                                                 |   |   | 44,400 |   |
|                                                   |   |                                                       |    |   |                                                       |   |    |                                                                                 |   |   |   |   |
| Net cash provided by (used in) financing activities    |   |                                                       | 18,731  |   |                                                       |   | 18,868  |                                                                                 |   |   | 241,971 |   |
|                                                   |   |                                                       |    |   |                                                       |   |    |                                                                                 |   |   |   |   |
| Net increase (decrease) in cash                        |   |                                                       | -       |   |                                                       |   | -       |                                                                                 |   |   | - |   |
|                                                   |   |                                                       |    |   |                                                       |   |    |                                                                                 |   |   |   |   |
| Cash at beginning of period                            |   |                                                       | -       |   |                                                       |   | -       |                                                                                 |   |   | - |   |
|                                                   |   |                                                       |    |   |                                                       |   |    |                                                                                 |   |   |   |   |
| Cash at end of period                                  |   | $                                                          | -       |   |                                                       | $      | -       |                                                                                 |   | $ | - |   |
|                                                   |   |                                                       |    |   |                                                       |   |    |                                                                                 |   |   |   |   |
| Supplemental cash flow information:                    |   |                                                       |    |   |                                                       |   |    |                                                                                 |   |   |   |   |
| Cash paid during period for interest                   |   | $                                                          | -       |   |                                                       | $      | -       |                                                                                 |   |   |   |   |
| Cash paid during period for income taxes               |   | $                                                          | -       |   |                                                       | $      | -       |                                                                                 |   |   |   |   |

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|   | * | Preferred stock, $0.0001 par value: 20,000,000 shares authorized; -0- shares issued and outstanding. |
|--------|---|------------------------------------------------------------------------------------------------------|

|   | * | Common stock, $0.0001 par value: 80,000,000 shares authorized; 5,199,000 shares issued and outstanding. |
|--------|---|---------------------------------------------------------------------------------------------------------|

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| · | failure to make timely filings with the SEC as required by the Exchange Act, which also probably would result in suspension of trading or quotation in our stock and could result in fines and penalties to us under the Exchange Act; |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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

| · | curtailing or eliminating our ability to locate and perform suitable investigations of potential acquisitions; or |
|--------|-------------------------------------------------------------------------------------------------------------------|

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

| · | inability to complete a desirable acquisition due to lack of funds to pay legal and accounting fees and acquisition-related expenses. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------|

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

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| Exhibit No. |   | Description                                                                                                                                                                                      |
|-------------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|        |   |                                                                                                                                                                                             |
| 31.1        |   | Certification of Principal Executive Officer filed pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.                                                                                    |
|        |   |                                                                                                                                                                                             |
| 31.2        |   | Certification of Principal Financial Officer filed pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.                                                                                    |
|        |   |                                                                                                                                                                                             |
| 32.1        |   | Certification of Principal Executive Officer and Principal Financial Officer furnished pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. |

|               | YACHT FINDERS, INC.                    |
|--------------------|----------------------------------------|
|               |                                   |    |
| Date: May 12, 2011 | By:                          | /s/ Thomas W. Colligan |
|               |                                   |   |
|               | Thomas W. Colligan                     |
|               | Director, CEO, President and Treasurer |

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| Exhibit No. |   | Description                                                                                                                                                                                      |
|-------------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|        |   |                                                                                                                                                                                             |
| 31.1        |   | Certification of Principal Executive Officer filed pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.                                                                                    |
|        |   |                                                                                                                                                                                             |
| 31.2        |   | Certification of Principal Financial Officer filed pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.                                                                                    |
|        |   |                                                                                                                                                                                             |
| 32.1        |   | Certification of Principal Executive Officer and Principal Financial Officer furnished pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. |

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