SECURITIES
AND EXCHANGE COMMISSION


WASHINGTON,
D.C. 20549










FORM
10-Q




(Mark
One)




x
            QUARTERLY
      REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF
      1934




For the
quarterly period ended February 28, 2009.


or




 ̈
            TRANSITION
      REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF
      1934




For the
transition period from _______________ to _______________.




Commission
File No. 333-140396




ECOLAND
INTERNATIONAL, INC.


(Exact
name of issuer as specified in its charter)





Nevada
            20-3061959(State
      or other jurisdiction of incorporation or
              organization)
            (I.R.S.
      Employer Identification No.)4909
      W. Joshua Blvd., Suite 1059, Chandler, Arizona
              85226
            91423(Address
      of principal executive offices)
            (Zip
      Code)





Registrant’s
telephone number, including area code: (602) 882-8771





Indicate
by check mark if the registrant (1) has filed all reports required to be filed
by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the
preceding 12 months (or 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 large accelerated filer, an
accelerated filer, a non-accelerated filer, or a smaller reporting
company.  See the definitions of “large accelerated filer,”
“accelerated filer” and “smaller reporting company” in Rule 12b-2 of the
Exchange Act.




Large
      accelerated filer  ̈
            Accelerated
      filer  ̈Non-accelerated
      filer  ̈ (Do
      not check if a smaller reporting
              company)
            Smaller
      reporting company x




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


Indicate
the number of shares outstanding of each of the registrant’s classes of common
stock as of   February 28, 2009:  44,650,000 shares of
common stock, with a par value of $.001 per share.





PART
I


Financial
Information





Item
1.    Financial
Statements.





ECOLAND
INTERNATIONAL, INCORPORATED


FINANCIAL
STATEMENTS


February
28, 2009 and May 31, 2008




Page
Intentionally Left Blank





2


ECOLAND
INTERNATIONAL, INC.
 (Formerly
Guano Distributors, Inc.)
 (A
Development Stage Company)
 Consolidated
Balance Sheets
 
 February
      28,
                                              
                                              
                                              May
      31,2009
                                              
                                              
                                              2008(Unaudited)ASSETSCURRENT
      ASSETSCash
                                              
                                              $
                                              382
                                              
                                              
                                              $
                                              13Accounts
      receivable
                                              
                                              
                                              1,076
                                              
                                              
                                              
                                              4,735Other
      current assets
                                              
                                              
                                              340
                                              
                                              
                                              
                                              -Total
      Current Assets
                                              
                                              
                                              1,798
                                              
                                              
                                              
                                              4,748FIXED
      ASSETS, Net
                                              
                                              
                                              -
                                              
                                              
                                              
                                              337TOTAL
      ASSETS
                                              
                                              $
                                              1,798
                                              
                                              
                                              $
                                              5,085LIABILITIES AND STOCKHOLDERS' EQUITY
      (DEFICIT)CURRENT
      LIABILITIESAccounts
      payable and accrued liabilities
                                              
                                              $
                                              49,210
                                              
                                              
                                              $
                                              52,592Accrued
      liabilities - related parties
                                              
                                              
                                              0
                                              
                                              
                                              
                                              0Notes
      payable
                                              
                                              
                                              196,613
                                              
                                              
                                              
                                              157,814Notes
      payable - related parties
                                              
                                              
                                              33,188
                                              
                                              
                                              
                                              10,684Total
      Current Liabilities
                                              
                                              
                                              279,011
                                              
                                              
                                              
                                              221,090STOCKHOLDERS'
      EQUITY (DEFICIT)Preferred
      stock; 50,000,000 shares authorized, at $0.001 per share, -0- shares
      issued and outstanding
                                              
                                              
                                              -
                                              
                                              
                                              
                                              -Common
      stock; 500,000,000 shares authorized, at $0.001 par value, 44,650,000
      shares issued and outstanding
                                              
                                              
                                              44,650
                                              
                                              
                                              
                                              44,650Additional
      paid-in capital
                                              
                                              
                                              90,850
                                              
                                              
                                              
                                              90,850Other
      comprehensive income
                                              
                                              
                                              32,206
                                              
                                              
                                              
                                              -Deficit
      accumulated during the development stage
                                              
                                              
                                              (444,919
                                              )
                                              
                                              
                                              (351,505
                                              )Total
      Stockholders' Equity (Deficit)
                                              
                                              
                                              (277,213
                                              )
                                              
                                              
                                              (216,005
                                              )TOTAL
      LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)
                                              
                                              $
                                              1,798
                                              
                                              
                                              $
                                              5,085
 
 The
accompanying notes are an integral part of these consolidated financial
statements.
  3
  ECOLAND
INTERNATIONAL, INC.
 (Formerly
Guano Distributors, Inc.)
 ( A
Development Stage Company)
 Consolidated
Statements of Operations
 
 From
      inceptionon
      May 31,For
      the Three Months Ended
                            
                            
                            For
      the Nine Months Ended
                            
                            
                            1997
      ThroughFebruary 28,
                            
                            
                            February 28,
                            
                            
                            February
      2009,2009
                            
                            
                            2008
                            
                            
                            2009
                            
                            
                            2008
                            
                            
                            2009REVENUES
                            
                            $
                            -
                            
                            
                            $
                            -
                            
                            
                            $
                            5,839
                            
                            
                            $
                            10,612
                            
                            
                            $
                            57,958COST
      OF GOODS SOLD
                            
                            
                            -
                            
                            
                            
                            -
                            
                            
                            
                            1,752
                            
                            
                            
                            5,715
                            
                            
                            
                            42,446GROSS
      PROFIT
                            
                            
                            -
                            
                            
                            
                            -
                            
                            
                            
                            4,087
                            
                            
                            
                            4,897
                            
                            
                            
                            15,512EXPENSESDepreciation
      and amortization
                            
                            
                            -
                            
                            
                            
                            49
                            
                            
                            
                            277
                            
                            
                            
                            172
                            
                            
                            
                            1,210General
      and administrative
                            
                            
                            40,872
                            
                            
                            
                            9,818
                            
                            
                            
                            80,224
                            
                            
                            
                            73,810
                            
                            
                            
                            435,111Total
      Expenses
                            
                            
                            40,872
                            
                            
                            
                            9,867
                            
                            
                            
                            80,501
                            
                            
                            
                            73,982
                            
                            
                            
                            436,321LOSS
      FROM OPERATIONS
                            
                            
                            (40,872
                            )
                            
                            
                            (9,867
                            )
                            
                            
                            (76,414
                            )
                            
                            
                            (69,085
                            )
                            
                            
                            (420,809
                            )OTHER
      INCOME (EXPENSES)Foreign
      currency adjustment
                            
                            
                            -
                            
                            
                            
                            3,500
                            
                            
                            
                            -
                            
                            
                            
                            3,500
                            
                            
                            
                            -Interest
      expense
                            
                            
                            (4,043
                            )
                            
                            
                            (5,010
                            )
                            
                            
                            (16,999
                            )
                            
                            
                            (6,923
                            )
                            
                            
                            (72,706
                            )Total
      OtherExpenses
                            
                            
                            (4,043
                            )
                            
                            
                            (1,510
                            )
                            
                            
                            (16,999
                            )
                            
                            
                            (3,423
                            )
                            
                            
                            (72,706
                            )NET
      INCOME (LOSS)
                            
                            $
                            (44,915
                            )
                            
                            $
                            (11,377
                            )
                            
                            $
                            (93,413
                            )
                            
                            $
                            (72,508
                            )
                            
                            $
                            (493,515
                            )BASIC
      LOSS PER SHARE
                            
                            $
                            (0.00
                            )
                            
                            $
                            (0.00
                            )
                            
                            $
                            (0.00
                            )
                            
                            $
                            (0.00
                            )WEIGHTED
      AVERAGE NUMBER OF SHARES OUSTANDING
                            
                            
                            44,650,000
                            
                            
                            
                            44,650,000
                            
                            
                            
                            44,650,000
                            
                            
                            
                            44,650,000
 
 The
accompanying notes are an integral part of these consolidated financial
statements.
  4
 
 ECOLAND
INTERNATIONAL, INC.
 (Formerly
Guano Distributors, Inc.)
 (A
Development Stage Company)
 Consolidated
Statements of Stockholders' Equity (Deficit)
 
 Additional
                  
                  
                  StockCommon Stock
                  
                  
                  Paid-In
                  
                  
                  Subscriptions
                  
                  
                  AccumulatedShares
                  
                  
                  Amount
                  
                  
                  Capital
                  
                  
                  Receivable
                  
                  
                  DeficitBalance,
      May 31, 2005
                  
                  
                  20,000,000
                  
                  
                  
                  20,000
                  
                  
                  
                  15
                  
                  
                  
                  -
                  
                  
                  
                  (29,127
                  )Common
      shares issued for services at $0.001 per share
                  
                  
                  20,000,000
                  
                  
                  
                  20,000
                  
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  -Common
      shares issued for cash at $0.02 per share
                  
                  
                  4,000,000
                  
                  
                  
                  4,000
                  
                  
                  
                  76,000
                  
                  
                  
                  (20,000
                  )
                  
                  
                  -Common
      shares issued for services at $0.02 per share
                  
                  
                  650,000
                  
                  
                  
                  650
                  
                  
                  
                  12,350
                  
                  
                  
                  -
                  
                  
                  
                  -Net
      loss for the year ended May 31, 2006
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  (88,433
                  )Balance,
      May 31, 2006
                  
                  
                  44,650,000
                  
                  
                  
                  44,650
                  
                  
                  
                  88,365
                  
                  
                  
                  (20,000
                  )
                  
                  
                  (117,560
                  )Receipt
      of cash on subscriptions receivable
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  20,000
                  
                  
                  
                  -Net
      loss for the year ended May 31, 2007
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  (157,774
                  )Balance,
      May 31, 2007
                  
                  
                  44,650,000
                  
                  
                  
                  44,650
                  
                  
                  
                  88,365
                  
                  
                  
                  -
                  
                  
                  
                  (275,334
                  )Services
      contributed by officers and directors
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  2,485
                  
                  
                  
                  -
                  
                  
                  
                  -Net
      loss for the year ended May 31, 2008
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  (76,171
                  )Balance,
      May 31, 2008
                  
                  
                  44,650,000
                  
                  
                  
                  44,650
                  
                  
                  
                  90,850
                  
                  
                  
                  -
                  
                  
                  
                  (351,505
                  )Net
      loss for the period ended February, 2009 (unaudited)
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  (93,413
                  )Balance,
      February 2009. (unaudited)
                  
                  
                  44,650,000
                  
                  
                  $
                  44,650
                  
                  
                  $
                  90,850
                  
                  
                  $
                  -
                  
                  
                  $
                  (444,918
                  )
 
 The
accompanying notes are an integral part of these consolidated financial
statements.
  5
 
 ECOLAND
INTERNATIONAL, INC.
 (Formerly
Guano Distributors, Inc.)
 (A
Development Stage Company)
 Consolidated
Statements of Cash Flows
 
 From
      inceptionon
      May 31,For
      the Nine Months Ended
                            
                            
                            1997
      ThroughFebruary 28,
                            
                            
                            February
      28,2009
                            
                            
                            2008
                            
                            
                            2009CASH
      FLOWS FROM OPERATING ACTIVITIESNet
      loss
                            
                            $
                            (93,413
                            )
                            
                            $
                            (72,508
                            )
                            
                            $
                            (444,918
                            )Adjustments
      to reconcile net loss to net cash used by operating
      activities:Depreciation
      and amortization
                            
                            
                            337
                            
                            
                            
                            172
                            
                            
                            
                            1,524Common
      stock issued for services
                            
                            
                            -
                            
                            
                            
                            -
                            
                            
                            
                            53,000Services
      contributed by officers and directors
                            
                            
                            -
                            
                            
                            
                            1,485
                            
                            
                            
                            2,485Changes
      in operating assets and liabilitiesDecrease
      in accounts receivable
                            
                            
                            3,658
                            
                            
                            
                            13,503
                            
                            
                            
                            (1,076
                            )Increase
      in other current assets
                            
                            
                            (340
                            )
                            
                            
                            (1,241
                            )
                            
                            
                            (340
                            )Decrease
      in accounts payable and accrued expenses
                            
                            
                            (3,382
                            )
                            
                            
                            43,401
                            
                            
                            
                            49,210Net
      Cash Used by Operating Activities
                            
                            
                            (93,140
                            )
                            
                            
                            (15,188
                            )
                            
                            
                            (340,115
                            )CASH
      FLOWS FROM INVESTING ACTIVITIESPurchase
      of fixed assets
                            
                            
                            -
                            
                            
                            
                            -
                            
                            
                            
                            (1,525
                            )Net
      Cash Used by Investing Activities
                            
                            
                            -
                            
                            
                            
                            -
                            
                            
                            
                            (1,525
                            )CASH
      FLOWS FROM FINANCING ACTIVITIESCommmon
      stock issued for cash
                            
                            
                            -
                            
                            
                            
                            -
                            
                            
                            
                            80,015Proceeds
      from issuance of notes payable
                            
                            
                            38,799
                            
                            
                            
                            4,983
                            
                            
                            
                            196,613Proceeds
      from issuance of notes payable - related parties
                            
                            
                            22,504
                            
                            
                            
                            (11,409
                            )
                            
                            
                            33,188Net
      Cash Provided by (Used In)Financing
      Activities
                            
                            
                            61,303
                            
                            
                            
                            (6,426
                            )
                            
                            
                            309,816EFFECT
      OF EXCHANGE RATE CHANGES
                            
                            
                            32,206
                            
                            
                            
                            -
                            
                            
                            
                            32,206NET
      DECREASE IN CASH
                            
                            
                            369
                            
                            
                            
                            (21,614
                            )
                            
                            
                            382CASH
      AT BEGINNING OF PERIOD
                            
                            
                            13
                            
                            
                            
                            24,630
                            
                            
                            
                            -CASH
      AT END OF PERIOD
                            
                            $
                            382
                            
                            
                            $
                            3,016
                            
                            
                            $
                            382SUPPLIMENTAL
      INFORMATIONCash
      paid for:Income
      taxes
                            
                            $
                            -
                            
                            
                            $
                            -
                            
                            
                            $
                            -Interest
                            
                            $
                            -
                            
                            
                            $
                            -
                            
                            
                            $
                            -
 
 The
accompanying notes are an integral part of these consolidated financial
statements.
  6
  ECOLAND
INTERNATIONAL, INC.
 (Formerly
Guano Distributors, Inc.)
 (A
Development Stage Company)
 Condensed
Notes to the Consolidated Financial Statements
 
 NOTE
      1 -
                ORGANIZATION
      AND SUMMARY OF SIGNIFICANT ACCOUNTING
POLICIES
 
 Organization of
Business
 
 The
Company began operations on April 15, 2005 as Guano Distributors,
Pty.  The Company was then incorporated in the State of Nevada on June
24, 2005 as Guano Distributors, Inc.  The Company changed its name to
Ecoland International, Inc on June 24, 2006.  In May 2006, the Company
amended its Articles of Incorporation to increase the authorized common stock to
500,000,000 shares and 50,000,000 of “blank check” preferred
shares.  In May 2005 the Company acquired certain distribution rights
from Sociaf, LDA an Angolan company, pertaining to Dry Bar Cave Bat
Guano.
 
 The
Company is currently in the process of formulating business and strategic plans
to process, package and market the guano worldwide from the deposits in
Angola.
 
 The
Company has not achieved significant revenues and is a development stage
company.
 
 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 reporting 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 periods.  Management makes these estimates using the best
information available at the time the estimates are made; however, actual
results could differ materially from these estimates.
 
 Fair Value of Financial
Instruments
 
 Fair
value estimates are based upon certain market assumptions and pertinent
information available to management as of February 28, 2009.  The
respective carrying value of certain on-balance-sheet financial instruments
approximated their fair values.  These financial instruments include
cash.  Fair values were assumed to approximate carrying values for
cash and payables because they are short term in nature and their carrying
amounts approximate fair values or they are payable on demand.
 
 Cash
equivalents
 
 The
Company maintains a cash balance in a non-interest-bearing account that
currently does not exceed federally insured limits.  For the purpose
of the statements of cash flows, all highly liquid investments with an original
maturity of three months or less are considered to be cash
equivalents.
 
 Property and
Equipment
 
 Property
and equipment are stated at cost, net of accumulated
depreciation.  Depreciation is provided primarily by the straight-line
method over the estimated useful lives of the related assets of five
years.
  7
  ECOLAND
INTERNATIONAL, INC.
 (Formerly
Guano Distributors, Inc.)
 (A
Development Stage Company)
 Condensed
Notes to the Consolidated Financial Statements
 
 NOTE
      1 -
                ORGANIZATION
      AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
  (Continued)
 
 Net Income Per
Share
 
 SFAS No.
128, Earnings per Share, requires dual presentation of basic and diluted
earnings or loss per share (“EPS”) for all entities with complex capital
structures and requires a reconciliation of the numerator and denominator of the
basic EPS computation to the numerator and denominator of the diluted EPS
computation.  Basic EPS excludes dilution; diluted EPS reflects the
potential dilution that could occur if securities or other contracts to issue
common stock were exercised or converted into common stock or resulted in the
issuance of common stock that then shared in the earnings of the
entity.
 
 Basic
loss per share is computed by dividing net loss applicable to common
shareholders by the weighted average number of common shares outstanding during
the period.  Diluted loss per share reflects the potential dilution
that could occur if dilutive securities and other contracts to issue common
stock were exercised or converted into common stock or resulted in the issuance
of common stock that then shared in the earnings of the Company, unless the
effect is to reduce a loss or increase earnings per share.  The
Company had no potential common stock instruments, which would result in a
diluted loss per share.  Therefore, diluted loss per share is
equivalent to basic loss per share.
 
 Revenue
recognition
 
 Revenue
from product sales is recognized when shipped, FOB shipping point and accepted
by the customer without right of return. Shipping and handling charges billed to
customers are included in net sales, and shipping and handling costs incurred by
the Company are included in cost of goods sold.
 
 Advertising
 
 The
Company has incurred no advertising costs since inception.  At such
time the Company commences advertising activities, such costs will be expensed
as incurred.
 
 Inventory
 
 The
Company’s inventory is comprised of bat guano and is recorded at the lower of
cost or net realizable value on a first in first out (FIFO) basis. Periodically
the Company evaluates inventory reserves for estimated obsolete or unmarketable
inventory equal to the differences between the cost of inventory and the
estimated realizable value based upon assumptions about future and market
conditions. Shipping and handling costs are classified as a component of cost of
sales in the statement of operations.
 
 NOTE
      2 -
                GOING
      CONCERN
 
 The
Company’s financial statements are prepared using accounting principles
generally accepted in the United States of America applicable to a going concern
that contemplates the realization of assets and liquidation of liabilities in
the normal course of business.  The Company has not yet established an
ongoing source of revenues sufficient to cover its operating costs and allow it
to continue as a going concern.  The ability of the Company to
continue as a going concern is dependent upon the Company obtaining adequate
capital to fund operating losses until it becomes profitable.  If the
Company is unable to obtain adequate capital, it could be forced to cease
operations.
  8
  ECOLAND
INTERNATIONAL, INC.
 (Formerly
Guano Distributors, Inc.)
 (A
Development Stage Company)
 Condensed
Notes to the Consolidated Financial Statements
 
 NOTE
      2 -
                GOING
      CONCERN (Continued)
 
 In order
to continue as a going concern, the Company will need, among other things,
additional capital resources.  Management’s plans to obtain such
resources for the Company include (1) financing current operations with funds
obtained through equity offerings, and (2) planning and streamlining
distribution operations with respect to the Company’s Angolan guano
supply.  However, management cannot provide any assurances that the
Company will be successful in accomplishing any of its plans.
 
 The
ability of the Company to continue as a going concern is dependent upon its
ability to successfully accomplish the plans described in the preceding
paragraph and eventually secure other sources of financing and attain profitable
operations.  The accompanying financial statements do not include any
adjustments that might be necessary if the Company is unable to continue as a
going concern.
 
 NOTE
      3  -
                NOTES
      PAYABLE
 
 At
February 28, 2009, the Company had notes payable totaling
$196,613.  Included in this amount are four separate notes payable to
unrelated entities.  The notes are due on demand and accrue interest
at a rate of 8.0 percent per annum.
 
 NOTE
      4 -
                NOTES
      PAYABLE – RELATED PARTIES
 
 At
February 28, 2009, the Company had notes payable to three related parties
totaling $33,188.  These notes are payable to various officers and
directors of the Company.  Each note is due on demand and accrues
interest at a rate of 8.0% per annum.
  9


Item
2.      Management's Discussion And Analysis Or
Plan Of Operation.





Cautionary
Statement Concerning Forward-Looking Statements





This
report on Form 10-Q contains forward-looking statements, including, without
limitation, statements concerning our possible or assumed future results of
operations.  These statements are preceded by, followed by or include
the words “believes,” “could,” “expects,” “intends” “anticipates,” or similar
expressions.  Our actual results could differ materially from those
anticipated in the forward-looking statements for many reasons including: our
ability to continue as a going concern, adverse economic changes affecting
markets we serve; competition in our markets and industry segments; our timing
and the profitability of entering new markets; greater than expected costs,
customer acceptance of wireless networks or difficulties related to our
integration of the businesses we may acquire and other risks and uncertainties
as may be detailed from time to time in our public announcements and SEC
filings.  Although we believe the expectations reflected in the
forward-looking statements are reasonable, they relate only to events as of the
date on which the statements are made, and our future results, levels of
activity, performance or achievements may not meet these
expectations.  We do not intend to update any of the forward-looking
statements after the date of this document to conform these statements to actual
results or to changes in our expectations, except as required by
law.





The
discussion and financial statements contained herein are for the three and nine
months ended February 28, 2009 with the three and nine months ended February 28,
2008. The following discussion should be read in conjunction with our financial
statements and the notes thereto included herewith.





Three
Months Period Ended February 28, 2009 as Compared to Three Months Ended February
28, 2008.





Results
of Operations





Net
Revenue





During
the three months ended February 28, 2009, Ecoland did not generate any sales
revenues, as compared to zero revenues for the three month period ended February
28, 2008.  Net revenues continue to fluctuate as Ecoland seeks to
establish a customer base that can provide suitable volumes of
business.  To date we have concentrated on establishing the viability
of the market for guano as a fertilizer and now seek to find distributors
capable of handling a higher volume of sales.  The latter point is
significant in that the costs of extracting and transporting the guano require a
minimum order size or quantity before any benefits from economies of scale can
be achieved.





Cost
of Sales





Cost of
sales for the period three month period ended February 28, 2009 was $0, compared
to $0 for the three month period ended February 28, 2008.  The cost of
sales reflects the lower levels of sales for the period.


Gross
Profit





The gross
profit for the three month period ended February 28, 2009 was $0, compared to $0
for the three month period ended February 28, 2008.  The decrease in
gross profit can be attributed to the lower level of sales in the current
period.




General,
Administrative and Selling Expenses




We
incurred general and administrative costs of $40,872 for the three month period
ended February 28, 2009 as compared to $9,867 for the three month period ended
February 28, 2008. The increase in administration fees reflects various
professional service charges for accounting, legal and audit services for
Ecoland International, Inc incurred in processing an application to the
Financial Regulatory Authority.


10


Net
Income (Loss)





We had a
loss before taxes of $44,915 for the three month period ended February 28, 2009,
as compared to a loss before taxes of $11,377 for the three month period ended
February 28, 2008.  The loss before taxes in the period ending
February 28, 2009 was impacted by an interest expense of $4,043. The difference
between the two quarters can be attributed to the higher level of professional
fees incurred in the current period..




Basic
and Diluted Income (Loss) Per Share




Our basic
and diluted income (loss) per share for the three month period ended February
28, 2009 was $(0.00), compared a loss per share of ($0.00) during the
corresponding period ended February 28, 2008




Nine Months
Period EndedFebruary 28, 2009 as Compared to
Nine Months EndedFebruary 28, 2008.




Results
of Operations




Net
Revenue




During
the nine months ended February 28, 2009, we generated $5,839 in sales revenues,
as compared to $10,612 for the nine month period ended February 28,
2008.  Net revenues continue to fluctuate as Ecoland seeks to
establish a customer base that can provide suitable volumes of
business.  To date we have concentrated on establishing the viability
of the market for guano as a fertilizer and now seek to find distributors
capable of handling a higher volume of sales.   The latter point is
significant in that the costs of extracting and transporting the guano require a
minimum order size or quantity before any benefits from economies of scale can
be achieved




Cost
of Sales




Cost of
sales for the period nine month period ended February 28, 2009 $1,752, compared
to $5,715 for the nine month period ended February 28, 2008.  The
decrease in cost of sales pertains directly to a corresponding decrease in sale
activity for the period.




Gross
Profit




The gross
profit for the nine month period ended February 28, 2009, was $4,087, compared
to $4,897 for the nine month period ended February 28, 2008.  The
decrease in gross profit can be attributed to the lower level of sales in the
current period. The improved gross profit margin on sales at 69.9% for the nine
month period ended February 28, 2009 compared to 46.1% for the corresponding
period reflect a higher sales price achieved on some export orders.







General,
Administrative and Selling Expenses




We
incurred general and administrative costs of $80,501 for the nine month period
ended February 28, 2009 as compared to $73,982 for the nine month period ended
February 28, 2009.  The increase in administration fees reflects
various professional service charges for accounting, legal and audit services
for Ecoland International, Inc incurred in processing an application to the
Financial Regulatory Authority.





Net
Income (Loss)





We had a
loss before taxes of $93,413 for the nine month period ended February 28, 2009,
as compared to a loss before taxes of $73,131 for the nine month period ended
February 28, 2008.  The loss before taxes in the period ending
February 28, 2009 was impacted by an interest expense of $16,999.





Basic
and Diluted Income (Loss) Per Share





Our basic
and diluted income (loss) per share for the six month period ended February 28,
2009 was $(0.00), compared a loss per share of ($0.00) during the corresponding
period ended February 28, 2009


11


Liquidity
and Capital Resources





Our
independent auditor has issued a “going concern” qualification as part of its
opinion in the Audit Report for the year ended May 31, 2008.  We do
not currently have sufficient capital to meet our short-term cash
requirements.  We will continue to need to raise additional funds to
conduct our business activities in the next twelve months.  We owe
approximately $245,823 in current liabilities as at February 28,
2009.  Additionally, we estimate that we will need approximately
$1,000,000 to expand operations through the end of the fiscal years
2008/9.  These operating costs include general and administrative
expenses and the deployment of inventory.  We have raised funds
through the sale of our common stock, although no shares were sold during the
three months ended February 28, 2009.





Item
3.          Quantitative and Qualitative
Disclosures About Market Risk.





Not
applicable.





Item
4.          Controls and
Procedures.





See Item
4(T) below.





Item
4(T).     Controls and
Procedures.





The term
disclosure controls and procedures means controls and other procedures of an
issuer that are designed to ensure that information required to be disclosed by
the issuer in the reports that it files or submits under the Exchange Act (15
U.S.C. 78a, et seq.) is
recorded, processed, summarized and reported, within the time periods specified
in the Commission’s rules and forms.  Disclosure controls and
procedures include, without limitation, controls and procedures designed to
ensure that information required to be disclosed by an issuer in the reports
that it files or submits under the Exchange Act is accumulated and communicated
to the issuer’s management, including its principal executive and principal
financial officers, or persons performing similar functions, as appropriate to
allow timely decisions regarding required disclosure.





The term
internal control over financial reporting is defined as a process designed by,
or under the supervision of, the issuer’s principal executive and principal
financial officers, or persons performing similar functions, and effected by the
issuer’s board of directors, management and other personnel, to provide
reasonable assurance regarding the reliability of financial reporting and the
preparation of financial statements for external purposes in accordance with
generally accepted accounting principles and includes those policies and
procedures that:





·
            Pertain to the maintenance of
      records that in reasonable detail accurately and fairly reflect the
      transactions and dispositions of the assets of the
      issuer;





·
            Provide reasonable assurance that
      transactions are recorded as necessary to permit preparation of financial
      statements in accordance with generally accepted accounting principles,
      and that receipts and expenditures of the issuer are being made only in
      accordance with authorizations of management and directors of the issuer;
      and





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




Our
management, including our chief executive officer and chief financial officer,
does not expect that our disclosure controls and procedures or our internal
controls over financial reporting will prevent all error and all
fraud.  A control system, no matter how well conceived and operated,
can provide only reasonable, not absolute, assurance that the objectives of the
control system are met.  Further, the design of a control system must
reflect the fact that there are resource constraints, and the benefits of
controls must be considered relative to their costs.  Because of
inherent limitations in all control systems, internal control over financial
reporting may not prevent or detect misstatements, and no evaluation of controls
can provide absolute assurance that all control issues and instances of fraud,
if any, within the registrant have been detected.  Also, projections
of any evaluation of effectiveness to future periods are subject to the risk
that controls may become inadequate because of changes in conditions, or that
the degree of compliance with the policies or procedures may
deteriorate.


12


Evaluation of Disclosure and
Controls and Procedures.  Our management is responsible for
establishing and maintaining adequate internal control over financial reporting
as defined in Rule 13a-15(f) under the Exchange Act.  Our internal
control over financial reporting is a process designed to provide reasonable
assurance regarding the reliability of financial reporting and the preparation
of financial statements for external purposes in accordance with accounting
principles generally accepted in the United States.  We carried out an
evaluation, under the supervision and with the participation of our management,
including our chief executive officer and chief financial officer, of the
effectiveness of the design and operation of our disclosure controls and
procedures as of the end of the period covered by this report.  The
evaluation was undertaken in consultation with our accounting
personnel.  Based on that evaluation, our chief executive officer and
chief financial officer concluded that our disclosure controls and procedures
are currently effective to ensure that information required to be disclosed by
us in the reports that we file or submit under the Exchange Act is recorded,
processed, summarized and reported within the time periods specified in the
SEC’s rules and forms.  As we develop new business or if we engage in
an extraordinary transaction, we will review our disclosure controls and
procedures and make sure that they remain adequate.




Changes in Internal Controls over
Financial Reporting.  There were no changes in the internal
controls over our financial reporting that occurred during the period covered by
this report that have materially affected, or are reasonably likely to
materially affect, our internal control over financial reporting.




This
report does not include an attestation report of the registrant’s registered
public accounting firm regarding internal control over financial
reporting.  Management’s report was not subject to attestation by the
registrant’s registered public accounting firm pursuant to temporary rules of
the Securities and Exchange Commission that permit the registrant to provide
only management’s report in this report.


13





PART
II


Other
Information





Item
1.         Legal Proceedings.





None.




Item
1A.      Risk Factors.




Not
applicable.




Item
2.         Unregistered Sales of Equity Securities
and Use of Proceeds.




None.




Item
3.         Defaults Upon Senior
Securities.




None.




Item
4.         Submission of Matters to a Vote of
Security Holders.




None.







Item
5.         Other Information.




None.




Item
6.         Exhibits.




Exhibit No.
                
                Identification of
Exhibit31.1*
                
                Certification
      of David Wallace, Chief Executive Officer of Ecoland International, Inc.,
      pursuant to 18 U.S.C. §1350, as adopted pursuant to §302 of the
      Sarbanes-Oxley Act of 2002.31.2*
                
                Certification
      of David Wallace, Chief Financial Officer of Ecoland International, Inc.,
      pursuant to 18 U.S.C. §1350, as adopted pursuant to §302 of the
      Sarbanes-Oxley Act of 2002.32.1*
                
                Certification
      of David Wallace, Chief Executive Officer of Ecoland International, Inc.,
      pursuant to 18 U.S.C. §1350, as adopted pursuant to §906 of the
      Sarbanes-Oxley Act of 2002.32.2*
                
                Certification
      of David Wallace, Chief Financial Officer of Ecoland International, Inc.,
      pursuant to 18 U.S.C. §1350, as adopted pursuant to §906 of the
      Sarbanes-Oxley Act of
2002.







*      Filed
Herewith


14


SIGNATURES





In
accordance with Section 13 or 15(d) of the Securities Exchange Act of 1934, as
amended, the Registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.




ECOLAND
      INTERNATIONAL, INC.Date:
      November 16, 2009By
              /s/ David WallaceDavid
      Wallace, Chief Executive OfficerBy
              /s/ David WallaceDavid
      Wallace, Chief Financial
Officer





Pursuant
to the requirements of the Securities Exchange Act of 1934, as amended, this
report has been signed by the following persons on behalf of the registrant and
in the capacities and on the dates indicated.




Signature
                    
                    Title
                    
                    Date/s/
      David Wallace
                    
                    Chief
      Executive Officer, Chief
                      Financial
      Officer
                      and
      Director
                    
                    November
      16,
2009


15