UNITED
STATES SECURITIES AND EXCHANGE COMMISSION


Washington,
D.C. 20549





FORM
10-QSB





[X]
Quarterly Report under Section 13 or 15(d) of the Securities Exchange Act of
1934 for the quarterly period ended April 30, 2008




[ ]
Transition report under Section 13 or 15(d) of the Exchange Act For the
transition period from ___ to ___





Commission
File Number 333-148356





SIDEWINDER
EXPLORATIONS INC.


(Exact
name of registrant as specified in its charter)








Nevada 98-0518733


(State or
other jurisdiction of incorporation or organization) (I.R.S. Employer
Identification No.)








13/7 Moo 6, Kamala-Patong
Hwy


Kamala, Phuket,
Thailand 83120


(Address
of principal executive offices) (Zip Code)





Registrant's
telephone number, including area code: 011
66-85-798-8086





None


Former
Name, Address and Fiscal Year, if Changed Since Last Report








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





Indicate
by check mark whether the registrant is a shell company (as defined in Rule
12b-2 of the Exchange Act). Yes  No X







Indicate
by check mark whether the registrant is a large accelerated filer, an
accelerated filer or a non-accelerated filer. See definition of “accelerated
filer” and “large accelerated filer” in Rule 12b-2 of the Exchange Act.
(Check one): Large accelerated filer ___    Accelerated filer
___    Non-accelerated filer X





At April
30, 2008, there were 1,000,000 shares of our common stock issued and
outstanding.





Transitional
Small Business Disclosure Format Yes ___ No X














1



























TABLE OF
CONTENTS








PART I. FINANCIAL
INFORMATION                                                                   
3





Item 1. Financial
Statements                                                                                       
3





Item 2.
Management's Discussion and Analysis or Plan of
Operation              
17





Item 3.
Controls and
Procedures                                                                               
20








PART II . OTHER
INFORMATION20





Item 6.
Exhibits                                                                                                          
    20





SIGNATURES21
































































2















PART 1. FINANCIAL
INFORMATION





Item 1. Financial
Statements





The
financial statements included herein have been prepared by us, without audit,
pursuant to the rules and regulations of the Securities and Exchange Commission.
Certain information and footnote disclosures normally included in financial
statements prepared in accordance with generally accepted accounting principles
have been omitted. However, in the opinion of management, all adjustments (which
include only normal recurring accruals) necessary to present fairly the
financial position and results of operations for the period presented have been
made. The results for interim periods are not necessarily indicative of trends
or of results to be expected for the full year. These interim financial
statements should be read in conjunction with the audited financial
statements and notes thereto included in the our registration statement on Form
SB-2, filed with the U.S. Securities and Exchange Commission on December 27,
2007, which can be found on the SEC website (www.sec.gov) under SEC File Number
333-148356.

















































































































3















































Sidewinder
Explorations Inc.


(A
Development Stage Company)





Financial
Statements


(Expressed
in U.S. Dollars)


(Unaudited)


30 April
2008






































4












Sidewinder
Explorations Inc.
 (A
Development Stage Company)
 Balance
Sheets
 (Expressed
in U.S. Dollars)
 (Unaudited)
 
 As
      at
                30
      April 2008
              
              As
      at 31 October 2007
                (Audited)$
              
              $AssetsCurrentCash
      and cash equivalents
              
              2,926
              
              2692,926
              
              269LiabilitiesCurrentAccounts
      payable and accrued liabilities (Note 4)
              
              4,200
              
              13,775Loans
      payable (Note 5)
              
              30,000
              
              5,000Due
      to related parties (Note 6)
              
              -
              
              2,00834,200
              
              20,783Stockholder’s
      deficiencyCapital stock (Note
      8)Authorized175,000,000
      of common shares, par value $0.00125,000,000
      of preferred shares, par value $0.001Issued
      and outstanding30
      April 2008 - 1,000,000 common shares, par value $0.00131
      October 2007 - 1,000,000 common share, par value $0.001
              
              1,000
              
              1,000Additional paid-in capital(Note 8)
              
              41,000
              
              29,000Deficit,
      accumulated during the development stage
              
              (73,274)
              
              (50,514)(31,274)
              
              (20,514)2,926
              
              269
 
 Nature and Continuance of Operations(Note 1) and Subsequent Event(Note 11)
 
 On
behalf of the Board:
 
 /s/ Ross
Harbottle, Director
 By: Ross
Harbottle
 
 The
accompanying notes are an integral part of these financial
statements.
 
 5





Sidewinder
Explorations Inc.


(A
Development Stage Company)


Statements
of Operations


(Expressed
in U.S. Dollars)


(Unaudited)


For
      the period from the date of inception on 7 December 2006 to 30 April
      2008
              
              For
      the three month
                period
      ended 30 April 2008
              
              For
      the three month
                period
      ended 30 April 2007
              
              For
      the six month
                period
      ended 30 April 2008
              
              For
      the period from the date of inception on 7 December 2006 to 30 April
      2007$
              
              $
              
              $
              
              $
              
              $ExpensesAcquisition
      of mineral property (Note 3)
              6,000
              
              -
              
              -
              
              -
              
              6,000Exploration
      and development (Note 3)
              3,000
              
              -
              
              -
              
              -
              
              -Bank
      charges
              331
              
              22
              
              77
              
              103
              
              79Consulting
              5,000
              
              -
              
              -
              
              -
              
              -Filing
      fees
              3,250
              
              350
              
              475
              
              1,650
              
              850Legal
      and accounting
              23,093
              
              5,250
              
              4,911
              
              8,882
              
              4,911Licences
      and permits
              425
              
              -
              
              -
              
              100
              
              325Management
      fees (Notes 7, 8 and 10)
              24,000
              
              4,500
              
              4,500
              
              9,000
              
              4,500Office
      and miscellaneous
              75
              
              75
              
              50
              
              25
              
              50Registered
      agent
              100
              
              -
              
              -
              
              -
              
              -Rent
      (Notes 7, 8 and 10)
              8,000
              
              1,500
              
              1,500
              
              3,000
              
              1,500Net
      loss for the period
              (73,274)
              
              (11,697)
              
              (11,513)
              
              (22,760)
              
              (18,215)Basic
      and diluted loss per common share
              
              
              ($0.012)
              
              ($0.012)
              
              ($0.023)
              
              ($0.018)Weighted
      average number of common shares used in per share
    calculations
              
              
              1,000,000
              
              1,000,000
              
              1,000,000
              
              1,000,000


























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





6

















Sidewinder
Explorations Inc.


(A
Development Stage Company)


Statements
of Cash Flows


(Expressed
in U.S. Dollars)


(Unaudited)








For
      the period from the date of inception on 7 December 2006 to 30 April
      2008
              
              For
      the three month
                period
      ended 30 April 2008
              
              For
      the three month
                period
      ended 30 April 2007
              
              For
      the six month
                period
      ended 30 April 2008
              
              For
      the period from the date of inception on 7 December 2006 to 30 April
      2007$
              
              
              
              
              
              
              
              $Cash
      flows from operating activitiesNet
      loss for the period
              (73,274)
              
              (11,697)
              
              (11,513)
              
              (22,760)
              
              (18,215)Adjustments
      to reconcile loss to net cash used by operating activitiesContributions
      to capital by related
                parties
      (Notes 7, 8 and 10)
              32,000
              
              6,000
              
              6,000
              
              12,000
              
              6,000Changes
      in operating assets and liabilitiesIncrease
      (decrease) in accounts payable and accrued liabilities
              4,200
              
              1,925
              
              1,375
              
              (9,575)
              
              1,375Increase in loans
      payable
              30,000
              
              -
              
              -
              
              25,000
              
              -(7,074)
              
              (3,772)
              
              (4,138)
              
              4,665
              
              (10,840)Cash
      flows from financing activitiesIncrease
      (decrease) in due to related party
              -
              
              -
              
              2,008
              
              (2,008)
              
              2,008Common
      shares issued for cash (Note 8)
              10,000
              
              -
              
              -
              
              -
              
              10,00010,000
              
              -
              
              2,008
              
              (2,008)
              
              12,008Increase
      in cash and cash equivalents
              2,926
              
              (3,772)
              
              (2,130)
              
              2,657
              
              1,168Cash
      and cash equivalents, beginning of period
              -
              
              6,698
              
              3,298
              
              269
              
              -Cash
      and cash equivalents, end of period
              2,926
              
              2,926
              
              1,168
              
              2,926
              
              1,168
 
 Supplemental Disclosures with Respect
to Cash Flows(Note 10)











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





7















Sidewinder
Explorations Inc.


(A
Development Stage Company)


Statements
of Changes in Stockholders’ Deficiency


(Expressed
in U.S. Dollars)


(Unaudited)






Number
      of shares issued
              Capital
      stock
              Additional
      paid-in capital
              Deficit,
      accumulated during the development stage
              Stockholder’s
      deficiency$
              
              $
              
              $
              
              $Balance
      at 7 December 2006 (inception)
              
              -
              
              -
              
              -
              
              -
              
              -Common
      share issued for cash ($0.01 per share) (Note 8)
              
              1,000,000
              
              1,000
              
              9,000
              
              -
              
              10,000Contributions
      to capital by related party – expenses (Notes 7, 8 and 10)
              
              -
              
              -
              
              20,000
              
              -
              
              20,000Net
      loss for the period
              
              -
              
              -
              
              -
              
              (50,514)
              
              (50,514)Balance
      at 31 October 2007
              
              1,000,000
              
              1,000
              
              29,000
              
              (50,514)
              
              (20,514)Contributions
      to capital by   related Parties – expenses (Notes 7, 8 and
      10)
              
              -
              
              -
              
              12,000
              
              -
              
              12,000Net
      loss for the period
              
              -
              
              -
              
              -
              
              (22,760)
              
              (22,760)Balance
      at 30 April 2008
              
              1,000,000
              
              1,000
              
              41,000
              
              (73,274)
              
              (31,274)



























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














8














Sidewinder
Explorations Inc.


(A
Development Stage Company)


Notes to
Financial Statements


(Expressed
in U.S. Dollars)


(Unaudited)


30 April
2008







1.
              Nature
      and Continuance of Operations
  Sidewinder
Explorations Inc. (the “Company”) was incorporated under the laws of the State
of Nevada on 7 December 2006. The Company was incorporated for the purpose to
promote and carry on any lawful business for which a corporation may be
incorporated under the laws of the State of Nevada.
  The
Company is a development stage enterprise, as defined in Financial Accounting
Standards Board No. 7. The Company is devoting all of its present efforts in
securing and establishing a new business, and its planned principle operations
have not commenced, and, accordingly, no revenue has been derived during the
organization period.
  The
Company’s financial statements as at 30 April 2008 and for the six month period
then ended have been prepared on a going concern basis, which contemplates the
realization of assets and the settlement of liabilities and commitments in the
normal course of business.  The Company has a loss of $22,760 for the
six month period ended 30 April 2008 (30 April 2007 - $18,215, from inception on
7 December 2006 to 30 April 2008 - $73,274) and has a working capital deficit of
$31,274 at 30 April 2008 (31 October 2007 - $20,514).
  Management
cannot provide assurance that the Company will ultimately achieve profitable
operations or become cash flow positive, or raise additional debt and/or equity
capital.  Management believes that the Company’s capital resources
should be adequate to continue operating and maintaining its business strategy
during the fiscal year ending 31 October 2008.  However, if the
Company is unable to raise additional capital in the near future, due to the
Company’s liquidity problems, management expects that the Company will need to
curtail operations, liquidate assets, seek additional capital on less favourable
terms and/or pursue other remedial measures.  These financial
statements do not include any adjustments related to the recoverability and
classification of assets or the amounts and classification of liabilities that
might be necessary should the Company be unable to continue as a going
concern.
  At
30 April 2008, the Company had suffered losses from development stage activities
to date.  Although management is currently attempting to implement its
business plan, and is seeking additional sources of equity or debt financing,
there is no assurance these activities will be
successful.  Accordingly, the Company must rely on its president to
perform essential functions without compensation until a business operation can
be commenced.  These factors raise substantial doubt about the ability
of the Company to continue as a going concern.  The financial
statements do not include any adjustments that might result from the outcome of
this uncertainty.
   2.
              Significant
      Accounting Policies
  The
following is a summary of significant accounting policies used in the
preparation of these financial statements.


9
















Sidewinder
Explorations Inc.


(A
Development Stage Company)


Notes to
Financial Statements


(Expressed
in U.S. Dollars)


(Unaudited)


30 April
2008






Basis of
presentation





The
financial statements of the Company have been prepared in accordance with
accounting principles generally accepted in the United States of America
applicable to development stage enterprises, and are expressed in U.S. dollars.
The Company’s fiscal year end is 31 October.







Cash
and cash equivalents





Cash and
cash equivalents include highly liquid investments with original maturities of
three months or less.






Mineral
property costs




The Company
has been in the exploration stage since its formation on 7 December 2006 and has
not yet realized any revenues from its planned operations. It is primarily
engaged in the acquisition and exploration of mining


properties.
Mineral property acquisition and exploration costs are charged to operations as
incurred. When it has been determined that a mineral property can be
economically developed as a result of establishing proven and


probable
reserves, the costs incurred to develop such property, are capitalized. Such
costs will be amortized using the units-of-production method over the estimated
life of the probable reserve.





Although
the Company has taken steps to verify title to mineral properties in which it
has an interest, according to the usual industry standards for the stage of
exploration of such properties, these procedures do not guarantee the Company’s
title. Such properties may be subject to prior agreements or transfers and title
may be affected by undetected defects.






Reclamation
costs




The Company’s
policy for recording reclamation costs is to record a liability for the
estimated costs to reclaim mined land by recording charges to production costs
for each tonne of ore mined over the life of the mine. The


amount
charged is based on management’s estimation of reclamation costs to be incurred.
The accrued liability is reduced as reclamation expenditures are made. Certain
reclamation work is performed concurrently with mining


and these
expenditures are charged to operations at that time.








Long-lived
assets
 
 In
accordance with SFAS No. 144, Accounting for Impairment or
Disposal of Long-Lived Assets, the carrying value of long-lived assets is
reviewed on a regular basis for the existence of facts or circumstance that may
suggest impairment. The Company recognized an impairment when the sum if the
expected undiscounted future cash flows is less than the carrying amount of the
asset. Impairment losses, if any, are measured as the excess of the carrying
amount of the asset over its estimated fair value.








10


















Sidewinder
Explorations Inc.


(A
Development Stage Company)


Notes to
Financial Statements


(Expressed
in U.S. Dollars)


(Unaudited)


30 April
2008







Financial
instruments





The
carrying value of cash, accounts payable and accrued liabilities, and due to
related parties approximates their fair value because of the short maturity of
these instruments. The Company’s operations are in Canada and virtually all of
its assets and liabilities are giving rise to significant exposure to market
risks from changes in foreign currency rates. The Company’s financial risk is
the risk that arises from fluctuations in foreign exchange rates and the degree
of volatility of these rates. Currently, the Company does not use derivative
instruments to reduce its exposure to foreign currency risk.







Derivative
financial instruments





The
Company has not, to the date of these financial statements, entered into
derivative instruments to offset the impact of foreign currency
fluctuations.






Income
taxes





Deferred
income taxes are reported for timing differences between items of income or
expense reported in the financial statements and those reported for income tax
purposes in accordance with SFAS No. 109, Accounting for Income Taxes,
which requires the use of the asset/liability method of accounting for income
taxes. Deferred income taxes and tax benefits are recognized for the future tax
consequences attributable to differences between the financial statement
carrying amounts of existing assets and liabilities and their respective tax
bases, and for tax loss and credit carry-forwards. Deferred tax assets and
liabilities are measured using enacted tax rates expected to apply to taxable
income in the years in which those temporary differences are expected to be
recovered or settled. The Company provides for deferred taxes for the estimated
future tax effects attributable to temporary differences and carry-forwards when
realization is more likely than not.







Basic
and diluted net loss per share
 
 The
Company computes net loss per share in accordance with SFAS No. 128, Earnings per Share. SFAS No.
128 requires presentation of both basic and diluted earnings per share (“EPS”)
on the face of the income statement. Basic EPS is computed by dividing net loss
available to common shareholders (numerator) by the weighted average number of
shares outstanding (denominator) during the period. Diluted EPS gives effect to
all potentially dilutive common shares outstanding during the period using the
treasury stock method and convertible preferred stock using the if-converted
method. In computing diluted EPS, the average stock price for the period is used
in determining the number of shares assumed to be purchased from the exercise of
stock options or warrants. Diluted EPS excludes all potentially dilutive shares
if their effect is anti-dilutive.





11
















Sidewinder
Explorations Inc.


(A
Development Stage Company)


Notes to
Financial Statements


(Expressed
in U.S. Dollars)


(Unaudited)


30 April
2008











Comprehensive
loss





SFAS No.
130, Reporting Comprehensive
Income, establishes standards for the reporting and display of
comprehensive loss and its components in the financial statements. As at
30 April 2008, the Company has no items that represent a comprehensive loss
and, therefore, has not included a schedule of comprehensive loss in the
financial statements.







Segments
of an enterprise and related information





SFAS No.
131, Disclosures about
Segments of an Enterprise and Related Information, supersedes SFAS No.
14, Financial Reporting for
Segments of a Business Enterprise. SFAS 131 establishes standards for the
way that public companies report information about operating segments in annual
financial statements and requires reporting of selected information about
operating segments in interim financial statements issued to the public. It also
establishes standards for disclosures regarding products and services,
geographic areas and major customers. SFAS 131 defines operating segments as
components of a company about which separate financial information is available
that is evaluated regularly by the chief operating decision maker in deciding
how to allocate resources and in assessing performance. The Company has
evaluated this SFAS and does not believe it is applicable at this
time.







Start-up
expenses





The
Company has adopted Statement of Position No. 98-5, Reporting the Costs of Start-up
Activities, which requires that costs associated with start-up activities
be expensed as incurred.  Accordingly, start-up costs associated with the
Company's formation have been included in the Company's general and
administrative expenses for the period from the date of inception on 7 December
2006 to 30 April 2008.






Foreign
currency translation
 
 The
Company’s functional and reporting currency is in U.S. dollar. The financial
statements of the Company are translated to U.S. dollars in accordance with SFAS
No. 52, Foreign
Currency Translation. Monetary assets and liabilities denominated in
foreign currencies are translated using the exchange rate prevailing at the
balance sheet date. Gains and losses arising on translation or settlement of
foreign currency denominated transactions or balances are included in the
determination of income. The Company has not, to the date of these financial
statements, entered into derivative instruments to offset the impact of foreign
currency fluctuations.
   Use of
estimates
 
 The
preparation of financial statements in conformity with accounting principles
generally accepted in the United States of America requires management to make
estimates and assumptions that affect the amounts of assets and liabilities and
disclosures of contingent assets and liabilities at the date of the financial
statements and the reported amounts of revenues and expenditures during the
reporting period. Actual results could differ from these
estimates.








12












Sidewinder
Explorations Inc.


(A
Development Stage Company)


Notes to
Financial Statements


(Expressed
in U.S. Dollars)


(Unaudited)


30
April  2008











Recent
accounting pronouncements





In May
2005, the Financial Accounting Standards Board (the “FASB”) issued SFAS No. 154,
Accounting Changes and Error
Corrections - A Replacement of APB Opinion No. 20 and SFAS No. 3. SFAS
No. 154 changes the requirements for the accounting for and reporting of a
change in accounting principle and applies to all voluntary changes in
accounting principle. It also applies to changes required by an accounting
pronouncement in the unusual instance that the pronouncement does not include
specific transition provisions. SFAS No. 154 requires retrospective application
to prior periods' financial statements of changes in accounting principle,
unless it is impracticable to determine either the period-specific effects or
the cumulative effect of the change. The provisions of SFAS No. 154 are
effective for accounting changes and correction of errors made in fiscal years
beginning after 15 December 2005. The adoption of this standard is not expected
to have a material effect on the Company's results of operations or financial
position.






In March
2005, the SEC staff issued Staff Accounting Bulletin (“SAB”) No. 107 to give
guidance on the implementation of SFAS No. 123R. The Company will consider SAB
No. 107 during implementation of SFAS No. 123R.








In December
2004, the FASB issued SFAS No. 153, Exchanges of Nonmonetary Assets - An
Amendment of APB Opinion No. 29. The guidance in APB Opinion No. 29,


Accounting for
Nonmonetary Transactions, is based on the
principle that exchanges of nonmonetary assets should be measured based on the
fair value of the assets exchanged.


The guidance
in that Opinion, however, included certain exceptions to that principle. SFAS
No. 153 amends
Opinion No. 29 to eliminate the exception for nonmonetary exchanges


of similar
productive assets and replaces it with a general exception for exchanges of
nonmonetary assets that do not have commercial
substance. A
nonmonetary exchange has


commercial
substance if the future cash flows of the entity are expected to change
significantly as a result of the exchange. The provisions of SFAS No. 153 are
effective for


nonmonetary
asset exchanges
occurring in fiscal periods beginning after 15 June 2005. Early application is
permitted and companies must apply the standard prospectively. The


adoption of
this standard is not expected to have a material effect on the
Company's results of operations or its financial position.







In
December 2004, the FASB issued SFAS No. 123R, Share Based Payment. SFAS No.
123R is a revision of SFAS No. 123, Accounting for Stock-Based
Compensation, and supersedes APB Opinion No. 25, Accounting for Stock Issued to
Employees and its related implementation guidance. SFAS No. 123R
establishes standards for the accounting for transactions in which an entity
exchanges its equity instruments for goods or services. It also addresses
transactions in which an entity incurs liabilities in exchange for goods or
services that are based on the fair value of the entity's equity instruments or
that may be settled by the issuance of those equity instruments. SFAS No. 123R
focuses primarily on accounting for transactions in which an entity obtains
employee services in share-based payment transactions. SFAS No. 123R requires a
public entity to measure the cost of employee services received in exchange for
an award of equity instruments based on the grant-date fair value of the award
(with limited exceptions). That cost will be recognized over the period during
which an employee is required to provide service in exchange for the award - the
requisite service period (usually the vesting period). SFAS No. 123R requires
that the compensation cost relating to share-based payment transactions be
recognized in the financial statements. That cost will be measured based on the
fair value of the equity or liability instruments issued. Public entities that
file as small business issuers will be required to apply SFAS No. 123R in the
first interim or annual reporting period that begins after 15 December 2005. The
adoption of this standard is not expected to have a material effect on the
Company's results of operations or its financial position.







The FASB
has also issued SFAS No. 151 and 152, but they will not have an effect of the
financial reporting of the Company.














14


















Sidewinder
Explorations Inc.


(A
Development Stage Company)


Notes to
Financial Statements


(Expressed
in U.S. Dollars)


(Unaudited)


30 April
2008








3.
Mineral Properties





On 16
January 2007 the Company acquired a 100% interest in a mineral claim located in
Clark County, Nevada (the “Christmas No1Lode Claim”) for $6,000. In March 2007
the Company commissioned a geological evaluation report of the Christmas No1Lode
Claim and on 13 June 2007 received the completed report.





The
Company made no expenditures on the Christmas No1Lode Claim property during
the six month period ended 30 April 2008 (from inception on 7 December
2006 to 30 April 2007 - $Nil, cumulative - $3,000).







4. Accounts Payable and Accrued
Liabilities





Accounts
payable and accrued liabilities are non-interest bearing, unsecured and have
settlement dates within one year.







5. Loans Payable





Loans payable
are non-interest bearing, unsecured and are payable on demand.







6.
Due to Related Parties





During
the six month period ended 30 April 2008, the balance owed to a related party, a
former director of the Company, was repaid in full. This loan was non-interest
bearing, unsecured, and had no fixed terms of repayment.







7. Related Party
Transactions





During
the six month period ended 30 April 2008, an officer and director of
the Company made contributions to capital for management fees in the amount of
$9,000 (from inception on 7 December 2006 to 30 April 2007 - $4,500,
cumulative - $24,000) and rent in the amount of $3,000 (from inception on 7
December 2006 to 30 April 2007 - $1,500, cumulative - $8,000) (Notes 8 and
10).














15
















Sidewinder
Explorations Inc.


(A
Development Stage Company)


Notes to
Financial Statements


(Expressed
in U.S. Dollars)


(Unaudited)


30 April 2008





8.
Capital Stock





Authorized
capital stock consists of 175,000,000 common shares with a par value of $0.001
per common share and 25,000,000 preferred shares with a par value of $0.001 per
preferred share.





The total
issued and outstanding capital stock is 1,000,000 common shares with a par value
of $0.001 per common share.





i.
            On
      22 December 2006, 1,000,000 common shares of the Company were issued for
      cash proceeds of $10,000.





ii.
            During
      the six month period ended 30 April 2008, an officer and
      director of the Company made contributions to capital for management fees
      in the amount of $9,000 (from inception on 7 December 2006 to
      30 April 2007 - $4,500, cumulative - $24,000) and rent in the amount
      of $3,000 (from inception on 7 December 2006 to 30 April 2007 - $1,500,
      cumulative - $8,000) (Notes 7 and
10).





9.
Income Taxes





The
Company has losses carried forward for income tax purposes to 30 April
2008. There are no current or deferred tax expenses for the period ended
30 April 2008 due to the Company’s loss position. The Company has fully
reserved for any benefits of these losses. The deferred tax consequences of
temporary differences in reporting items for financial statement and income tax
purposes are recognized, as appropriate. Realization of the future tax benefits
related to the deferred tax assets is dependent on many factors, including the
Company’s ability to generate taxable income within the net operating loss
carryforward period. Management has considered these factors in reaching its
conclusion as to the valuation allowance for financial reporting
purposes.














16




















Sidewinder
Explorations Inc.


(A
Development Stage Company)


Notes to
Financial Statements


(Expressed
in U.S. Dollars)


(Unaudited)


30 April
2008







The provision for
refundable federal income tax consists of the following:






For
      the six month period ended
                30
      April
                2008
              
              For
      the period from the date of inception on 7 December 2006 to 30
      April
                2007$
              
              $Deferred
      tax asset attributable to:Current
      operations
              
              7,738
              
              6,193Contributions
      to capital by related parties
              
              (4,080)
              
              (2,040)Less:
      Change in valuation allowance
              
              (3,658)
              
              (4,153)Net
      refundable amount
              
              -
              
              -




The
composition of the Company’s deferred tax assets as at 30 April 2008 and 31
October 2007 are as follows:
 
 As
      at 30 April 2008
              
              As
      at 31     October 2007
                (Audited)$
              
              $Net
      income tax operating loss carryforward
              
              
              41,274
              
              30,514Statutory
      federal income tax rate
              
              
              34%
              
              34%Deferred
      tax assets
              
              
              14,033
              
              10,375Less:
      Valuation allowance
              
              
              (14,033)
              
              (10,375)Net
      deferred tax asset
              
              
              -
              
              -






The potential income tax benefit
of these losses has been offset by a full valuation allowance.







As at 30 April 2008, the Company has an
unused net operating loss carry-forward balance of approximately $41,274 that is
available to offset future taxable income.  This unused net operating
loss carry-forward balance expires between 2027 and 2028.


17
















Sidewinder
Explorations Inc.


(A
Development Stage Company)


Notes to
Financial Statements


(Expressed
in U.S. Dollars)


(Unaudited)


30
April 2008








10.
              Supplemental
      Disclosures with Respect to Cash
Flows
 
 For
      the six month period ended 30 April 2008
              
              For
      the period from the date of inception on 7 December 2006 to
30
                April
      2007$
              
              $Cash
      paid during the year for interest
              
              -
              
              -Cash
      paid during the year for income taxes
              
              -
              
              -
 
 During the six month period ended 30
April 2008, an officer and director of the Company made contributions to capital
for management fees in the amount of $9,000 (from inception on 7 December 2006
to 30 April 2007 - $4,500, cumulative - $24,000) and rent in the amount of
$3,000 (from inception on 7 December 2006 to 30 April 2007 - $1,500, cumulative
- $8,000) (Notes 7 and 8).
 
  2.
              Subsequent
      Event
 
 Subsequent
to 30 April 2008, the Company received proceeds of $93,000 related to an initial
public offering to issue 200,000 common shares of the Company at $0.50 per
common share for total proceeds of $100,000.



































18

















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





Results of
Operations





The
following discussion should be read in conjunction with the audited financial
statements and notes thereto included in our initial registration statement on
Form SB-2, filed on December 27, 2007 with the U.S. Securities and Exchange
Commission (SEC), and made effective on January 15, 2008. The registration
statement, audited financial statements and all exhibits thereto are
incorporated herein by this reference and can be found on the SEC website at
www.sec.gov. As of the date of the filing of this report, we  have
sold 186,000 of the 200,000 shares of our common stock, registered with the SEC
on Form SB-2, at $.50 per share, and raised total proceeds of $93,000.
Pursuant to the terms of the offering, the proceeds are being held
until the entire offering is sold and $100,000 is received, at which time
the funds will be deposited into our general business account and used as set
forthe in the Use of Proceeds section of our Form SB-2 registration statement,
which can be found in its entirety on the SEC website at www.sec.gov.





We are a
start up, development stage mining exploration company and have had not yet
generated any revenues from operations since inception. From inception on
December 7, 2006 to April 30, 2008, our total net loss is $73,274.





Three-month
period ended April 30, 2008 as compared to the three-month
period ended April 30, 2007





Results of
Operations





We have
generated no revenues since inception on December 7, 2006 and are still in the
initial stages of start up. We filed an initial registration statement with the
SEC to sell a total of 200,000 shares of our common stock at a price of $.50 per
share to raise a total of $100,000, which became effective in June 2008. To
date, we have sold a total of 186,000 shares and raised $93,000. Until the
offering is closed and we receive the proceeds of the offering, we will be
unable to fully commence our business operations.




For the
three-month period ended April 30, 2008,  we incurred net operating losses
of $11,697, or $0.012 per share, as compared to net operating losses of $11,513,
or $0.012 per share, for the three-month period ended April 30,
2007.  Since inception, our net operating losses have been
$73,274.




Our total
expenses for the three-month period ended April 30, 2008 were $11,697,
consisting of management fees accrued and payable to an officer and director in
the amount of $4,500 (2007 - $4,500, cumulative - $24,000), legal and accounting
fees in the amount of $5,250 (2007 - $4,911, cumulative - $23,093), filing fees
in the amount of $350 (2007 - $475, cumulative - $3,250), office expense in
the amount of $75 (2007 - $50, cumulative - $75), bank service charges in the
amount of $22 (2007 - $77, cumulative - $331 and rent in the amount of
$1,500 (2007 - $1,500, cumulative - $8,000).





Related party
transactions





During
the three-month period ended April 30, 2008, an officer and director made
contributions to capital for management fees in the amount of $4,500 (2007 -
$4,500, cumulative - $24,000) and rent in the amount of $1,500 (2007 - $1,500,
cumulative - $8,000).





Liquidity and Capital
Resources





At April
30, 2008, our cash in the bank was $2,926. We are currently in the process of
selling the common stock as set forth in our initial registration statement on
Form SB-2 and expect to complete and close the offering in the next few months.
We expect those funds to satisfy our cash requirements for at least the next 12
months without having to raise additional funds or seek bank loans.





19















Since
inception, we have used our common stock to raise money for our operations and
to pay outstanding indebtedness. Our stockholder's deficiency at April
30, 2008 was $31,274.





Our
auditors have expressed the opinion that in our current state, there is
substantial doubt about our ability to continue as a going concern.





We do not
currently have any stock options or warrants issued and/or
outstanding.





Critical Accounting
Policies





The
financial statements included herein have been prepared pursuant to the rules
and regulations of the Securities and Exchange Commission. Management believes
the disclosures made are adequate to make the information not misleading. The
financial statements and accompanying notes are prepared in accordance with
generally accepted accounting principles. Preparing financial statements
requires Management to make estimates and assumptions that affect the reported
amounts of assets and liabilities and disclosure of contingent assets and
liabilities at the date of the financial statements and the reported amounts of
revenues and expenses during the reporting period. These estimates and
assumptions are affected by Management's application of accounting policies.
These important accounting policies include the successful efforts method of
accounting for property and equipment, revenue recognition, accounting for
income taxes and foreign currency translation.





Management
maintains disclosure controls and procedures designed to ensure that we are able
to timely collect the information we are required to disclose in our reports
filed with the U.S. Securities and Exchange Commission. Within the 90 days prior
to the date of this report, we performed an evaluation, under the supervision
and with the participation of our Management, of the effectiveness of the design
and operation of our disclosure controls and procedures pursuant to Exchange Act
Rule 13a-14. Based upon the evaluation, our Principal Executive Officer and
Principal Financial Officer concluded that the current disclosure controls are
effective in timely alerting us to any material information required to be
included in our periodic SEC filings.





We also
maintain a system of internal controls designed to provide reasonable assurance
that (i) transactions are executed in accordance with Management's general and
specific authorization; (ii) transactions are recorded as necessary to permit
preparation of financial statements in conformity with generally accepted
accounting principles and to maintain accountability for assets; (ii) access to
assets is permitted only in accordance with Management's general or specific
authorization; and (iv) the recorded accountability for assets is compared with
the existing assets at reasonable intervals and appropriate action is taken with
respect to any differences. We believe that our internal controls are effective
to provide reasonable assurance that our financial statements are fairly
presented in conformity with generally accepted accounting principals. Since our
most recent evaluation, there have been no changes in our internal controls or
in other factors that could significantly affect our internal controls, nor were
any corrective actions required with regard to significant deficiencies and
material weaknesses.





20

















We apply
SFAS No. 128, Earnings Per Share, for the calculation of "Basic" and "Diluted"
earnings per share. Basic earnings per share includes no dilution and is
computed by dividing income available to common stockholders by the weighted
average number of common shares outstanding for the period. Diluted earnings per
share reflects the potential dilution of securities that could share in our
earnings.




We have
also adopted SFAS No. 52, Foreign Currency Translation, which requires that the
translation of the applicable foreign currency into U.S. dollars be performed
for balance sheet accounts using current exchange rates in effect at the balance
sheet date and for revenue and expense accounts using a weighted average
exchange rate during the period. The gains or losses resulting from such
translation are included in the consolidated statements of stockholders' equity
and comprehensive income.





ITEM 3. CONTROLS AND
PROCEDURES





Within
the 90 days prior to the date of this report, our officers and directors
performed an evaluation of the effectiveness of the design and operation of our
disclosure controls and procedures pursuant to Exchange Act Rule 13a-14. Based
upon the evaluation, Mr. Harbottle, who serves as our Chief Executive
Officer, Chief Financial Officer and Principal Accounting Officer concluded that
the current disclosure controls are effective in timely alerting us to any
material information required to be included in our periodic SEC filings. There
have been no significant changes in our internal controls or in other factors
that could significantly affect our internal controls subsequent to the date of
this evaluation.




PART II - OTHER
INFORMATION





ITEM 6.
EXHIBITS





A) The
following exhibits marked with an asterisk and required to be filed herein are
incorporated by reference and can be found in their entirety in our original
Form SB-2 registration statement:





Exhibit
No.  Description





*
3(i)               
Articles of Incorporation


*
3(ii)               Bylaws


31                    
Sec. 302 Certification


32                     Sec.
906 Certification




SIGNATURES




In
accordance with the requirements of the Exchange Act, the Registrant caused this
report to be signed on its behalf by the undersigned, thereunto duly
authorized.






SIDEWINDER EXPLORATIONS INC. a Nevada corporation
(Registrant)




Dated:    
July 29, 2008       
                                                                                                 
/s/  Ross
Harbottle


By: Ross Harbottle, President, Secretary, Treasurer, Principal Accounting
Officer and Director






21