|  For Quarter Ended: November 30,      2007  |   |  Commission File Number 000-53121 |
|------------------------------------------------------------|--------|----------------------------------------|
|                                                       |   |                                   |

|  COLORADO                                                             |   |  47-0883144                                                              |
|----------------------------------------------------------------------------|--------|-------------------------------------------------------------------------------|
| (State      or other jurisdiction incorporation      or organization) |   |       (I.R.S. Employer Identification      No.) |
|                                                                       |   |                                                                          |

|  16200 WCR      18E, Loveland, Colorado            |   | 80537            |
|---------------------------------------------------------|--------|------------------|
|  (Address of principal executive    offices)  |   |  (Zip code) |

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

----

|       |                                                                                     | Page   |
|------------|------------------------------------------------------------------------------------------|--------|
|       |                                                                                     |   |
| Part I     |                                                                                     |
|       | Item      1.  Financial Statements                                             | 3      |
|       | Item      2.  Management's Discussion and Analysis or Plan of      Operation   | 8      |
|       | Item      3.  Controls and Procedures                                          | 16     |
|       |                                                                                     |   |
| Part II    |                                                                                     |
|       | Item      1.  Legal Proceedings                                                | 16     |
|       | Item      2.  Unregistered Sales of Equity Securities and Use of      Proceeds | 16     |
|       | Item      3.  Defaults Upon Senior Securities                                  | 16     |
|       | Item      4.  Submission of Matters to a Vote of Security      Holders         | 16     |
|       | Item      5.  Other Information                                                | 17     |
|       | Item      6.  Exhibits                                                         | 17     |
|       |                                                                                     |   |
| Signatures | 17                                                                                       |

----

|                                                           |   | November      30, |     |
|----------------------------------------------------------------|--------|-------------------|----------|
|                                                           |   | 2007              |     |
| Assets                                                         |   |
|                                                           |   |              |     |
| Current      Assets:                                           |   |              |     |
| Cash                                                           |   | $                 | 69,095   |   |
| Prepaid      asset                                             |   |              | 136      |   |
|                                                           |   |              |     |   |
| Total      current assets                                      |   |              | 69,231   |   |
|                                                           |   |              |     |   |
| Property      and equipment, net                               |   |              | 38,271   |   |
|                                                           |   |              |     |   |
| Total      assets                                              |   | $                 | 107,502  |   |
|                                                           |   |              |     |   |
|                                                           |   |              |     |   |
| Liabilities      and Shareholders’ Equity                |   |
| Current      liabilities:                                      |   |              |     |   |
| Accrued      interest payable, related party                   |   | $                 | 5,242    |   |
| Accounts      payable                                          |   |              | 3,496    |   |
| Loans      payable to related party                            |   |              | 34,400   |   |
|                                                           |   |              |     |   |
| Total      current liabilities                                 |   |              | 43,138   |   |
|                                                           |   |              |     |   |
| Shareholders’      equity:                               |   |              |     |   |
| Common      stock, no par value; 20,000,000 shares authorized, |   |              |     |   |
| 3,389,000      shares issued and outstanding                   |   |              | 205,250  |   |
| Additional      paid-in capital                                |   |              | 12,761   |   |
| Accumulated      other comprehensive gain                      |   |              | 684      |   |
| Accumulated      deficit                                       |   |              | (500     | ) |
| Deficit      accumulated during development stage              |   |              | (153,831 | ) |
| Total      shareholder’s equity                          |   |              | 64,364   |   |
|                                                           |   |              |     |   |
| Total      liabilities and shareholders' equity                |   | $                 | 107,502  |   |

----

|                                              |   |                            |      |   |              |   |      | March      1, |   |
|---------------------------------------------------|--------|---------------------------------|-----------|--------|-------------------|--------|-----------|---------------|--------|
|                                              |   |                            |      |   |              |   |      | 2005          |   |
|                                              |   |                            |      |   |              |   |      | (Inception)   |   |
|                                              |   | For      the Three Months Ended |      |   | Through           |   |
|                                              |   | November      30,               |      |   | November      30, |   |
|                                              |   | 2007                            |      |   | 2006              |   |      | 2007          |   |
|                                              |   |                            |      |   |              |   |      |          |   |
| Revenue                                           |   | $                               | —   |   |              | $      | —   |          |   | $ | — |   |
|                                              |   |                            |      |   |              |   |      |          |   |   |   |   |
| Operating      expenses:                          |   |                            |      |   |              |   |      |          |   |   |   |   |
| Professional      fees                            |   |                            | 5,920     |   |              |   | 3,568     |          |   |   | 27,824 |   |
| Contributed      services, related party (Note 3) |   |                            | 1,300     |   |              |   | —   |          |   |   | 10,696 |   |
| General      and administrative                   |   |                            | 8,023     |   |              |   | 3,439     |          |   |   | 110,069 |   |
|                                              |   |                            |      |   |              |   |      |          |   |   |   |   |
| Total      operating expenses                     |   |                            | 15,243    |   |              |   | 7,007     |          |   |   | 148,589 |   |
|                                              |   |                            |      |   |              |   |      |          |   |   |   |   |
| Loss      from operations                         |   |                            | (15,243   | )      |              |   | (7,007    | )             |   |   | (148,589 | ) |
|                                              |   |                            |      |   |              |   |      |          |   |   |   |   |
| Other      Income (Expense)                       |   |                            |      |   |              |   |      |          |   |   |   |   |
| Interest      expense                             |   |                            | (516      | )      |              |   | (503      | )             |   |   | (5,242 | ) |
|                                              |   |                            |      |   |              |   |      |          |   |   |   |   |
| Total      other expenses                         |   |                            | (516      | )      |              |   | (503      | )             |   |   | (5,242 | ) |
|                                              |   |                            |      |   |              |   |      |          |   |   |   |   |
| Net      loss                                     |   |                            | (15,759   | )      |              |   | (7,510    | )             |   |   | (153,831 | ) |
|                                              |   |                            |      |   |              |   |      |          |   |   |   |   |
| Other      Comprehensive Income (Loss)            |   |                            |      |   |              |   |      |          |   |   |   |   |
|                                              |   |                            |      |   |              |   |      |          |   |   |   |   |
| Gain      on foreign currency exchange            |   |                            | 267       |   |              |   | —   |          |   |   | 684 |   |
|                                              |   |                            |      |   |              |   |      |          |   |   |   |   |
| Total      Comprehensive Loss                     |   | $                               | (15,492   | )      |              | $      | (7,510    | )             |   | $ | (153,147 | ) |
|                                              |   |                            |      |   |              |   |      |          |   |   |   |   |
| Basic      and diluted loss per share             |   | $                               | (0.00     | )      |              | $      | (0.00     | )             |   |   |   |   |
|                                              |   |                            |      |   |              |   |      |          |   |   |   |   |
| Basic      and diluted weighted average           |   |                            |      |   |              |   |      |          |   |   |   |   |
| common      shares outstanding                    |   |                            | 3,203,111 |   |              |   | 3,150,000 |          |   |   |   |   |

----

```
ROSEWIND CORPORATION(A Development Stage Company)Statements of Changes in Shareholders' Equity                 Deficit            Accumulated     Accumulated         Additional  Other     During   Common Stock  Paid-in  Comprehensive  Accumulated  Development   Shares  Amount  Capital  Gain  Deficit  Stage                    Balance at March 1, 2005 (inception)  100,000   $500  $100  $—  $(500)  $—                          Common stock issued in exchange for a                        Sailing vessel at $0.034 per share  1,150,000    39,000    —   —   —   —                          Net loss, period ended August 31, 2005  —   —   —   —   —   (18,677)                         Balance at August 31, 2005  1,250,000    39,500    100    —   (500)  (18,677)                         Common stock issued for services                        at $0.04 per share  700,000    28,000    —   —   —   —                          Common stock issued for services to a                        related party at $0.04 per share  700,000    28,000    —   —   —   —                          Common stock issued for cash                        at $0.10 per share  500,000    50,000    —   —   —   —                          Contributed capital  —   —   1,965    —   —   —                          Net loss, year ended August 31, 2006  —   —   —   —   —   (70,441)                         Balance at August 31, 2006  3,150,000    145,500    2,065    —   (500)  (89,118)                         Contributed capital  —   —   925    —   —   —                          Office space contributed by an officer.  —   —   1,200    —   —   —                          Services contributed by an officer  —   —   7,271    —   —   —                          Foreign currency exchange gain  —   —   —   417    —   —                          Net loss, year ended August 31, 2007  —   —   —   —   —   (48,954)                                                  Balance at August 31, 2007  3,150,000    145,500    11,461    417    (500)  (138,072)                         Common stock issued for cash                        at $0.25 per share (unaudited)  239,000    59,750    —   —   —   —                          Office space contributed by an officer                        (unaudited)  —   —   300    —   —   —                          Services contributed by an officer (unaudited)  —   —   1,000    —   —   —                          Foreign currency exchange gain (unaudited)  —   —   —   267    —   —                          Net loss, quarter ended November 30, 2007                        (unaudited)  —   —   —   —   —   (15,759)                         Balance at November 30, 2007 (unaudited)  3,389,000   $205,250  $12,761  $684  $(500)  $(153,831)
```

----

|                                                   |   |                            |    |   |              |    |    | March      1, |   |
|--------------------------------------------------------|--------|---------------------------------|---------|--------|-------------------|---------|---------|---------------|--------|
|                                                   |   |                            |    |   |              |    |    | 2005          |   |
|                                                   |   |                            |    |   |              |    |    | (Inception)   |   |
|                                                   |   | For      the Three Months Ended |    |   | Through           |    |
|                                                   |   | November      30,               |    |   | November      30, |    |
|                                                   |   | 2007                            |    |   | 2006              |    |    | 2007          |   |
| Cash      flows from operating activities:             |   |                            |    |   |              |    |    |          |   |
| Net      loss                                          |   | $                               | (15,759 | )      |              | $       | (7,510  | )             |   | $ | (153,831 | ) |
| Adjustments      to reconcile net loss to net cash     |   |                            |    |   |              |    |    |          |   |   |   |   |
| used      by operating activities:                     |   |                            |    |   |              |    |    |          |   |   |   |   |
| Depreciation      expense                              |   |                            | 1,682   |   |              |    | 1,605   |          |   |   | 17,195 |   |
| Contributed      capital to fund expenses              |   |                            | 1,300   |   |              |    | 333     |          |   |   | 12,661 |   |
| Common      stock issued for services                  |   |                            | — |   |              |    | — |          |   |   | 56,000 |   |
| Changes      in operating assets and liabilities:      |   |                            |    |   |              |    |    |          |   |   |   |   |
| (Increase)      decrease in prepaid services           |   |                            | (136    | )      |              |    | — |          |   |   | (136 | ) |
| Increase      (decrease) in accounts payable           |   |                            |    |   |              |    |    |          |   |   |   |   |
| and      accrued liabilities                           |   |                            | 2,538   |   |              |    | 1,929   |          |   |   | 9,422 |   |
| Net      cash used in                                  |   |                            |    |   |              |    |    |          |   |   |   |   |
| operating      activities                              |   |                            | (10,375 | )      |              |    | (3,643  | )             |   |   | (58,689 | ) |
|                                                   |   |                            |    |   |              |    |    |          |   |   |   |   |
| Cash      flows from investing activities:             |   |                            |    |   |              |    |    |          |   |   |   |   |
| Cash      paid for fixed assets                        |   |                            | (3,638  | )      |              |    | — |          |   |   | (16,466 | ) |
| Net      cash used in                                  |   |                            |    |   |              |    |    |          |   |   |   |   |
| investing      activities                              |   |                            | (3,638  | )      |              |    | — |          |   |   | (16,466 | ) |
|                                                   |   |                            |    |   |              |    |    |          |   |   |   |   |
| Cash      flows from financing activities:             |   |                            |    |   |              |    |    |          |   |   |   |   |
| Common      stock issued for cash                      |   |                            | 59,750  |   |              |    | — |          |   |   | 109,750 |   |
| Proceeds      from related party loans                 |   |                            | — |   |              |    | 1,500   |          |   |   | 34,400 |   |
| Net      cash provided by                              |   |                            |    |   |              |    |    |          |   |   |   |   |
| financing      activities                              |   |                            | 59,750  |   |              |    | 1,500   |          |   |   | 144,150 |   |
|                                                   |   |                            |    |   |              |    |    |          |   |   |   |   |
| Net      change in cash                                |   |                            | 45,737  |   |              |    | (2,143  | )             |   |   | 68,995 |   |
|                                                   |   |                            |    |   |              |    |    |          |   |   |   |   |
| Cash,      beginning of period                         |   |                            | 23,358  |   |              |    | 48,874  |          |   |   | 100 |   |
|                                                   |   |                            |    |   |              |    |    |          |   |   |   |   |
| Cash,      end of period                               |   | $                               | 69,095  |   |              | $       | 46,731  |          |   | $ | 69,095 |   |
|                                                   |   |                            |    |   |              |    |    |          |   |   |   |   |
| Supplemental      disclosure of cash flow information: |   |                            |    |   |              |    |    |          |   |   |   |   |
| Cash      paid during the period for:                  |   |                            |    |   |              |    |    |          |   |   |   |   |
| Income      taxes                                      |   | $                               | — |   |              | $       | — |          |   | $ | — |   |
| Interest                                               |   | $                               | — |   |              | $  | — |          |   | $  | — |   |
|                                                   |   |                            |    |   |              |    |    |          |   |   |   |   |
|                                                   |   |                            |    |   |              |    |    |          |   |   |   |   |
| NON      CASH FINANCING ACTIVITIES:                    |   |                            |    |   |              |    |    |          |   |   |   |   |
| Common      stock issued for services                  |   | $                               | — |   |              | $       | — |          |   | $ | 56,000 |   |

----

----

----

----

| ·   | Marine      Environment and Safety at Sea |
|--------------------|-------------------------------------------|

| ·   | Life      Rafts and Ditch Bags |
|--------------------|--------------------------------|

| ·   | Medical      Preparedness and First Aid |
|--------------------|-----------------------------------------|

| ·   | Features      of Offshore Capable Vessels |
|--------------------|-------------------------------------------|

| ·   | Rigging      and Deck Gear |
|--------------------|----------------------------|

| ·   | Tools,      Mechanical and Electrical Skills |
|--------------------|----------------------------------------------|

| ·   | Sails,      Ropework and Sewing |
|--------------------|---------------------------------|

| ·   | Sail      Handeling |
|--------------------|---------------------|

| ·   | 12      Volt Electrical Systems |
|--------------------|---------------------------------|

| ·   | Boat      Electronics, Instruments, Radio andRadar |
|--------------------|----------------------------------------------------|

| ·   | Auxillary      Diesel Maintenance and Repair |
|--------------------|----------------------------------------------|

| ·   | Heavy      Weather Seamanship |
|--------------------|-------------------------------|

| ·   | Weather,      Pilot Charts and Navigation |
|--------------------|-------------------------------------------|

| ·   | Passagemaking |
|--------------------|---------------|

| ·   | Boat      Maintenance, Provisioning and WasteDisposal |
|--------------------|-------------------------------------------------------|

| ·   | Ships      Papers, Zarpes and Permits |
|--------------------|---------------------------------------|

----

----

|  Vessel      Name                    |  Six      String                                            |
|-------------------------------------------|------------------------------------------------------------------|
|  Hailing      Port                   |  Loveland,      Colorado                                    |
|  Make/Model                          |  Jason 35      Cutter                                       |
|  Type                                |  Aft cockpit, cutter rigged      sailing vessel             |
|  Navigation      Limits              |  Suitable for recreational      costal and offshore service |
|  Current Fair      Market Value |  $43,000 to      $47,000                                    |
|  Replacement Value as      Equipped  |  $320,000                                                   |
|  Model      Year                     |  Hull constructed 1982 with      launch date in 1986        |
|  Builder                             |  Custom Yacht Builders,      Ontario, Canada                |
|  HIN      Number                     |  Canadian Issued:      0781B3401                            |
|  Official      Number                |  Federal Documentation      1092461                         |
|  Aux.      Propulsion                |  Faryman R30M 24HP naturally      aspired                   |
|  Hull/Deck      Color                |  White                                                      |
|  LOA                                 |  34 feet 6      inches                                      |
|  LWL                                 |  27 feet 4      inches                                      |
|  Beam                                |  11 feet 2      inches                                      |
|  Draft                               |  5  feet                                                    |
|  Displacement                   |  16,800 pounds dry      weight                              |
|  Sail    Area                        |  634 square      feet                                       |

----

----

| Staff                                                                                                                                                                                                                                        |   | $      | 4,000 |  (1) |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|-------|-----------|
| Fuel      and      Phone                                                                                                                                                                                                                                                                  |   |   | 300   |      |
| Provisions      and      Supplies                                                                                                                                                                                                            |   |   | 900   |      |
| Travel      and      Lodging                                                                                                                                                                                                                                                         |   |   | 1,500 |      |
| Note      Interest                                                                                                             |   |   | 450   |      |
| Home      Office      Rent                                                                                                                                                                                                                                                                     |   |   | 300   |      |
| Bookkeeper                                                                                                                                                                            |   |   | 200   |      |
| Total                                                                                                                                                                                                                                        |   | $      | 7,600 |      |

| Staff                                                                                                                                                                                                                                              |   | $      | 4,000  |   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|--------|--------|
| Fuel      and      Phone                                                                                                                                                                                                                                                                        |   |   | 500    |   |
| Provisions      and Supplies                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |   | 2,700  |   |
| Travel      and      Lodging                                                                                                                                                                                                             |   |   | 500    |   |
| Note      Interest                                                                                                              |   |   | 500    |   |
| Home      Office      Rent                                                                                                                                                                                                                                                                           |   |   | 300    |   |
| Bookkeeper                                                                                                                                                                                                                                                                                                                                                                                                    |   |   | 250    |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   |   |   |   |
| Total                                                                                                                                                                                                                                              |   | $      | 8,750  |   |

| One-time      costs for Form SB-2                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   | $      | 11,500 |   |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|--------|--------|
| One-time      Printing and      Postage                                                                                                                                                                                                                        |   |   | 1,000  |   |
| Total      One-Time Costs                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   | $      | 12,500 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   |   |   |   |
| Annual      Audit, Form 10-K, Form      10Qs                                                                                                                                                                                                                                                                          |   |   | 12,500 |   |
| Annual      Transfer      agent                                                                                                                       |   |   | 2,500  |   |
| Annual      legal                                                                                                                                                                                       |   |   | 5,000  |   |
| Total      Annual Public Company Costs                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   | $      | 20,000 |   |

----

| Quarterly      Revenue from Training Voyages           |   |   |    |
|--------------------------------------------------------|--------|--------|---------|
| $1,750      per student X 2 students X 6 voyages  |   | $      | 21,000  |   |
| Quarterly      Operating Expense                       |   |   | 8,750   |   |
| Quarterly      Public Company Expense                  |   |   | 5,000   |   |
| Quarterly      Marketing Expense                  |   |   | 750     |   |
| Less      Total Quarterly Expenses                |   |   | -14,500 |   |
| Estimated      Quarterly Cash Flow                     |   | $      | 6,500   |   |

----

----

|   | 31.1: | Certification      of Principal Executive and FinancialOfficer |
|--------|-------|----------------------------------------------------------------|

|   | 32.1: | Section      1350 Certification                        |
|--------|-------|--------------------------------------------------------|
|   | 99.1  | Letter      from Counsel regarding NASDCompliance |

| (b)   | Reports      on Form 8-K: |
|-----------------|---------------------------|

|           | ROSEWIND      CORPORATION                        (Registrant) |                            |
|----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------|---------------------------------|
|           |                                                                                                                                                    |                            |   |
| March 11, 2008 | By:                                                                                                                                                     | /s/  James B. Wiegand |   |
|           |                                                                                                                                                    | James B.      Wiegand           |   |
|           |                                                                                                                                                    | President                       |   |
|           |                                                                                                                                                    |                            |   |

----

----