----

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

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

| Delaware                                                                                                                                                                                                                           |   | 371172197                               |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-----------------------------------------|
| (State or other jurisdiction of                                                                                                                                                                                                    |   | (I.R.S. Employer Identification Number) |
| incorporation or organization)                                                                                                                                                                                                     |   |                                    |
|                                                                                                                                                                                                                               |   |                                    |
| 136 Chesterfield Industrial Boulevard                                                                                                                                                                                              |   |                                    |
|                  Chesterfield, Missouri                  |   | 63005                                   |
| (Address of principal executive offices)                                                                                                                                                                                           |   | (Zip Code)                              |

----

| PART I – FINANCIAL INFORMATION |                                                        |
|--------------------------------------|-------------------------------------------------------------|
|                                 |                                                        |   |
| Item No. 1                           | Financial Statements (Unaudited)                            | 1 |
| Item No. 2                           | Management’s Discussion and Analysis of               |   |
|                                 | Financial Condition and Results of Operations               | 7 |
| Item No. 4                           | Controls and Procedures                                     | 12 |
|                                 |                                                        |   |
| PART II – OTHER INFORMATION    |                                                        |
|                                 |                                                        |   |
| Item No. 2                           | Unregistered Sales of Equity Securities and Use of Proceeds | 12 |
| Item No. 6                           | Exhibits                                                    | 12 |

----

|                                         |   | March 31 |       |   | December 31 |   |
|----------------------------------------------|--------|---------------|------------|--------|------------------|--------|
|                                         |   | 2011          |       |   | 2010             |   |
|                                         |   | (unaudited)   |       |   |             |   |
| Assets                                       |   |          |       |   |             |   |
|                                         |   |          |       |   |             |   |
| Current assets:                              |   |          |       |   |             |   |
| Cash and cash equivalents                    |   | $             | 8,232,118  |   |             | $      | 6,331,038 |   |
| Accounts receivable, less allowances of      |   |          |       |   |             |   |   |   |
| $68,300 in 2011 and $67,100 in 2010          |   |          | 249,495    |   |             |   | 291,405 |   |
| Accounts due from employees and distributors |   |          | 39,420     |   |             |   | 55,854 |   |
| Inventories                                  |   |          |       |   |             |   |   |   |
| Finished goods                               |   |          | 3,573,976  |   |             |   | 3,851,178 |   |
| Raw materials                                |   |          | 1,681,876  |   |             |   | 1,277,838 |   |
| Sales aids and promotional materials         |   |          | 554,730    |   |             |   | 521,774 |   |
| Total inventories                            |   |          | 5,810,582  |   |             |   | 5,650,790 |   |
|                                         |   |          |       |   |             |   |   |   |
| Refundable income taxes                      |   |          | -          |   |             |   | 62,324 |   |
| Prepaid expenses and other current assets    |   |          | 1,140,194  |   |             |   | 519,915 |   |
| Deferred income taxes                        |   |          | 334,000    |   |             |   | 334,000 |   |
| Total current assets                         |   |          | 15,805,809 |   |             |   | 13,245,326 |   |
|                                         |   |          |       |   |             |   |   |   |
| Other assets                                 |   |          | 327,245    |   |             |   | 364,626 |   |
| Cash surrender value of life insurance       |   |          | 1,755,600  |   |             |   | 1,503,350 |   |
| Intangible assets, net                       |   |          | 1,734,610  |   |             |   | 1,785,987 |   |
|                                         |   |          |       |   |             |   |   |   |
| Property, plant and equipment:               |   |          |       |   |             |   |   |   |
| Land and land improvements                   |   |          | 868,870    |   |             |   | 868,870 |   |
| Building                                     |   |          | 9,938,620  |   |             |   | 9,928,950 |   |
| Machinery & equipment                    |   |          | 3,708,335  |   |             |   | 3,698,537 |   |
| Office equipment                             |   |          | 1,543,126  |   |             |   | 1,503,929 |   |
| Computer equipment & software            |   |          | 3,017,976  |   |             |   | 2,980,370 |   |
|                                         |   |          | 19,076,927 |   |             |   | 18,980,656 |   |
| Less: Accumulated depreciation               |   |          | 11,285,360 |   |             |   | 11,036,244 |   |
| Net property, plant and equipment            |   |          | 7,791,567  |   |             |   | 7,944,412 |   |
|                                         |   |          |       |   |             |   |   |   |
| Total assets                                 |   | $             | 27,414,831 |   |             | $      | 24,843,701 |   |

----

|                                                      |   | March 31 |       |   | December 31 |   |
|-----------------------------------------------------------|--------|---------------|------------|--------|------------------|--------|
|                                                      |   | 2011          |       |   | 2010             |   |
|                                                      |   | (unaudited)   |       |   |             |   |
| Liabilities and stockholders' equity                      |   |          |       |   |             |   |
|                                                      |   |          |       |   |             |   |
| Current liabilities:                                      |   |          |       |   |             |   |
| Accounts payable and accrued expenses:                    |   |          |       |   |             |   |
| Trade accounts payable and other accrued expenses         |   | $             | 3,804,285  |   |             | $      | 2,437,965 |   |
| Distributors' commissions payable                         |   |          | 2,787,321  |   |             |   | 2,411,016 |   |
| Sales taxes payable                                       |   |          | 477,292    |   |             |   | 445,653 |   |
| Payroll and payroll taxes payable                         |   |          | 572,245    |   |             |   | 525,657 |   |
| Total accounts payable and accrued expenses               |   |          | 7,641,143  |   |             |   | 5,820,291 |   |
|                                                      |   |          |       |   |             |   |   |   |
| Income taxes payable                                      |   |          | 293,311    |   |             |   | - |   |
| Current maturities of long-term debt                      |   |          | 570,726    |   |             |   | 566,873 |   |
| Total current liabilities                                 |   |          | 8,505,180  |   |             |   | 6,387,164 |   |
|                                                      |   |          |       |   |             |   |   |   |
| Noncurrent liabilities:                                   |   |          |       |   |             |   |   |   |
| Long-term debt, less current maturities                   |   |          | 4,006,677  |   |             |   | 4,150,770 |   |
| Other noncurrent liabilities                              |   |          | 383,194    |   |             |   | 375,244 |   |
| Total noncurrent liabilities                              |   |          | 4,389,871  |   |             |   | 4,526,014 |   |
|                                                      |   |          |       |   |             |   |   |   |
| Stockholders' equity:                                     |   |          |       |   |             |   |   |   |
| Preferred stock, par value $.001 per share; 3,000,000     |   |          |       |   |             |   |   |   |
| shares authorized; -0- shares issued and outstanding      |   |          |       |   |             |   |   |   |
| in 2011 and 2010                                          |   |          | -          |   |             |   | - |   |
| Common stock, par value $.001 per share; 30,000,000       |   |          |       |   |             |   |   |   |
| authorized; 14,425,185 shares issued and 12,450,808       |   |          |       |   |             |   |   |   |
| shares outstanding as of 3/31/2011; 14,425,185 shares     |   |          |       |   |             |   |   |   |
| issued and 12,450,808 shares outstanding as of 12/31/2010 |   |          | 14,425     |   |             |   | 14,425 |   |
| Additional paid-in capital                                |   |          | 30,346,405 |   |             |   | 30,300,463 |   |
| Accumulated deficit                                       |   |          | (9,481,367 | )      |             |   | (10,091,167 | ) |
| Accumulated other comprehensive loss:                     |   |          |       |   |             |   |   |   |
| Foreign currency translation adjustment                   |   |          | (514,509   | )      |             |   | (448,024 | ) |
| Treasury stock                                            |   |          | (5,845,174 | )      |             |   | (5,845,174 | ) |
|                                                      |   |          |       |   |             |   |   |   |
| Total stockholders' equity                                |   |          | 14,519,780 |   |             |   | 13,930,523 |   |
|                                                      |   |          |       |   |             |   |   |   |
| Total liabilities and stockholders' equity                |   | $             | 27,414,831 |   |             | $      | 24,843,701 |   |

----

|                                     |   | Three months ended March 31 |       |
|------------------------------------------|--------|-------------------------------------------------|------------|
|                                     |   | 2011                                            |       |   | 2010 |   |
|                                     |   |                                            |       |   |   |   |
| Product sales                            |   | $                                               | 19,326,943 |   |   | $ | 20,257,680 |   |
| Handling & freight income            |   |                                            | 2,359,911  |   |   |   | 2,469,571 |   |
|                                     |   |                                            |       |   |   |   |   |   |
| Net sales                                |   |                                            | 21,686,854 |   |   |   | 22,727,251 |   |
|                                     |   |                                            |       |   |   |   |   |   |
| Costs and expenses:                      |   |                                            |       |   |   |   |   |   |
| Cost of products sold                    |   |                                            | 4,220,350  |   |   |   | 4,556,382 |   |
| Distributor royalties and commissions    |   |                                            | 8,120,942  |   |   |   | 8,480,076 |   |
| Selling, general and administrative      |   |                                            | 8,268,868  |   |   |   | 8,543,450 |   |
|                                     |   |                                            |       |   |   |   |   |   |
| Total costs and expenses                 |   |                                            | 20,610,160 |   |   |   | 21,579,908 |   |
|                                     |   |                                            |       |   |   |   |   |   |
| Income from operations                   |   |                                            | 1,076,694  |   |   |   | 1,147,343 |   |
|                                     |   |                                            |       |   |   |   |   |   |
| Other income (expense):                  |   |                                            |       |   |   |   |   |   |
| Interest income                          |   |                                            | 15,579     |   |   |   | 9,526 |   |
| Interest expense                         |   |                                            | (36,623    | ) |   |   | (51,676 | ) |
| Other income (expense)                   |   |                                            | (68,850    | ) |   |   | 57,283 |   |
|                                     |   |                                            |       |   |   |   |   |   |
| Income before income taxes               |   |                                            | 986,800    |   |   |   | 1,162,476 |   |
| Provision for income taxes               |   |                                            | 377,000    |   |   |   | 416,000 |   |
|                                     |   |                                            |       |   |   |   |   |   |
| Net income                               |   | $                                               | 609,800    |   |   | $ | 746,476 |   |
|                                     |   |                                            |       |   |   |   |   |   |
| Earnings per common share - Basic        |   | $                                               | 0.05       |   |   | $ | 0.06 |   |
| Weighted average shares                  |   |                                            | 12,451,000 |   |   |   | 12,380,000 |   |
|                                     |   |                                            |       |   |   |   |   |   |
| Earnings per common share - Diluted      |   | $                                               | 0.05       |   |   | $ | 0.06 |   |
| Weighted average shares                  |   |                                            | 12,453,000 |   |   |   | 12,380,000 |   |
|                                     |   |                                            |       |   |   |   |   |   |
| Cash dividends declared per common share |   | $                                               | -          |   |   | $ | - |   |

----

|                                                           |   | Three months ended March 31 |      |
|----------------------------------------------------------------|--------|-------------------------------------------------|-----------|
|                                                           |   | 2011                                            |      |   | 2010 |   |
|                                                           |   |                                            |      |   |   |   |
| Operating activities:                                          |   |                                            |      |   |   |   |
| Net income                                                     |   | $                                               | 609,800   |   |   | $ | 746,476 |   |
| Adjustments to reconcile net income to                         |   |                                            |      |   |   |   |   |   |
| net cash provided by operating activities:                     |   |                                            |      |   |   |   |   |   |
| Depreciation and amortization                                  |   |                                            | 294,645   |   |   |   | 302,444 |   |
| Stock-based compensation                                       |   |                                            | 45,942    |   |   |   | 50,173 |   |
| Deferred income taxes                                          |   |                                            | (62,000   | ) |   |   | (42,000 | ) |
| Foreign currency transaction (gain)/loss                       |   |                                            | (17,945   | ) |   |   | (23,203 | ) |
| (Increase) decrease in accounts receivable                     |   |                                            | 67,452    |   |   |   | 15,820 |   |
| (Increase) decrease in inventories                             |   |                                            | (124,077  | ) |   |   | (89,152 | ) |
| (Increase) decrease in refundable income taxes                 |   |                                            | 62,324    |   |   |   | 23,789 |   |
| (Increase) decrease in prepaid expenses                        |   |                                            |      |   |   |   |   |   |
| and other current assets                                       |   |                                            | (617,008  | ) |   |   | (538,096 | ) |
| (Increase) decrease in other assets                            |   |                                            | (14,619   | ) |   |   | (15,003 | ) |
| Increase (decrease) in income taxes payable                    |   |                                            | 293,250   |   |   |   | 274,961 |   |
| Increase (decrease) in accounts payable & accrued expenses |   |                                            |      |   |   |   |   |   |
| and other noncurrent liabilities                               |   |                                            | 1,797,517 |   |   |   | 1,103,295 |   |
|                                                           |   |                                            |      |   |   |   |   |   |
| Net cash provided by operating activities                      |   |                                            | 2,335,281 |   |   |   | 1,809,504 |   |
|                                                           |   |                                            |      |   |   |   |   |   |
| Investing activities:                                          |   |                                            |      |   |   |   |   |   |
| Proceeds from the sale of property, plant and equipment        |   |                                            | -         |   |   |   | 3,083 |   |
| Purchase of property, plant and equipment                      |   |                                            | (87,748   | ) |   |   | (91,041 | ) |
| Payment of life insurance premiums                             |   |                                            | (252,250  | ) |   |   | (258,100 | ) |
|                                                           |   |                                            |      |   |   |   |   |   |
| Net cash used in investing activities                          |   |                                            | (339,998  | ) |   |   | (346,058 | ) |
|                                                           |   |                                            |      |   |   |   |   |   |
| Financing activities:                                          |   |                                            |      |   |   |   |   |   |
| Principal payments on long-term borrowings                     |   |                                            | (140,240  | ) |   |   | (128,268 | ) |
|                                                           |   |                                            |      |   |   |   |   |   |
| Net cash used in financing activities                          |   |                                            | (140,240  | ) |   |   | (128,268 | ) |
|                                                           |   |                                            |      |   |   |   |   |   |
| Effect of exchange rate changes on cash and cash equivalents   |   |                                            | 46,037    |   |   |   | 54,396 |   |
|                                                           |   |                                            |      |   |   |   |   |   |
| Increase in cash and cash equivalents                          |   |                                            | 1,901,080 |   |   |   | 1,389,574 |   |
|                                                           |   |                                            |      |   |   |   |   |   |
| Cash and cash equivalents at beginning of period               |   |                                            | 6,331,038 |   |   |   | 5,760,913 |   |
|                                                           |   |                                            |      |   |   |   |   |   |
| Cash and cash equivalents at end of period                     |   | $                                               | 8,232,118 |   |   | $ | 7,150,487 |   |

----

| Note 1— | Accounting Policies |
|---------------|---------------------|

| Note 2— | Comprehensive Income |
|---------------|----------------------|

| Note 3— | Basic and Diluted Earnings per Share |
|---------------|--------------------------------------|

|                                         |   | Three months ended March 31 |       |
|----------------------------------------------|--------|-------------------------------------------------|------------|
|                                         |   | 2011                                            |       |   | 2010 |   |
| Numerator:                                   |   |                                            |       |   |   |   |
| Net income                                   |   | $                                               | 609,800    |   |   | $ | 746,476 |   |
|                                         |   |                                            |       |   |   |   |   |   |
| Denominator:                                 |   |                                            |       |   |   |   |   |   |
| Denominator for basic earnings per           |   |                                            |       |   |   |   |   |   |
| share—weighted average shares          |   |                                            | 12,451,000 |   |   |   | 12,380,000 |   |
| Dilutive effect of employee stock options    |   |                                            |       |   |   |   |   |   |
| and other warrants                           |   |                                            | 2,000      |   |   |   | - |   |
|                                         |   |                                            |       |   |   |   |   |   |
| Denominator for diluted earnings per         |   |                                            |       |   |   |   |   |   |
| share—adjusted weighted average shares |   |                                            | 12,453,000 |   |   |   | 12,380,000 |   |
|                                         |   |                                            |       |   |   |   |   |   |
| Basic earnings per share                     |   | $                                               | 0.05       |   |   | $ | 0.06 |   |
| Diluted earnings per share                   |   | $                                               | 0.05       |   |   | $ | 0.06 |   |

----

| Note 4— | Other Income (Expense) |
|---------------|------------------------|

----

----

|                                  |   | Three months endedMarch 31, |   |
|---------------------------------------|--------|--------------------------------------------|--------|
|                                  |   | 2011                                       |   |   | 2010 |   |
|                                  |   |                                       |   |   |   |   |
| Net sales                             |   |                                       | 100.0  | % |   |   | 100.0 | % |
| Costs and expenses:                   |   |                                       |   |   |   |   |   |   |
| Cost of products sold                 |   |                                       | 19.5   |   |   |   | 20.0 |   |
| Distributor royalties and commissions |   |                                       | 37.4   |   |   |   | 37.4 |   |
| Selling, general and administrative   |   |                                       | 38.1   |   |   |   | 37.6 |   |
|                                  |   |                                       |   |   |   |   |   |   |
| Income from operations                |   |                                       | 5.0    |   |   |   | 5.0 |   |
| Interest expense                      |   |                                       | (0.2   | ) |   |   | (0.2 | ) |
| Interest and other income/(expense)   |   |                                       | (0.2   | ) |   |   | 0.3 |   |
|                                  |   |                                       |   |   |   |   |   |   |
| Income before income taxes            |   |                                       | 4.6    |   |   |   | 5.1 |   |
| Provision for income taxes            |   |                                       | 1.8    |   |   |   | 1.8 |   |
|                                  |   |                                       |   |   |   |   |   |   |
| Net income                            |   |                                       | 2.8    | % |   |   | 3.3 | % |

----

|                  |   | Three months ended March 31, |   |   |                    |   |   |                                  |   |
|-----------------------|--------|--------------------------------------------------|--------|--------|-------------------------|--------|--------|---------------------------------------|--------|
|                  |   | 2011                                             |   |   | 2010                    |   |   | Change from prior year |   |
|                  |   | Amount                                           |   |   | % of NetSales |   |   | Amount                                |   |   | % of NetSales |   |   | Amount |   |   | % |   |
|                  |   | (dollars in thousands)                           |   |   |                    |   |   |                                  |   |
| United States         |   | $                                                | 18,466 |   |                    |   | 85.2   | %                                     |   | $ | 19,448 |   |   |   | 85.6 | % |   | $ | (982 | ) |   |   | (5.0 | )% |
| Australia/New Zealand |   |                                             | 618    |   |                    |   | 2.8    |                                  |   |   | 727 |   |   |   | 3.2 |   |   |   | (109 | ) |   |   | (15.0 | ) |
| Canada                |   |                                             | 597    |   |                    |   | 2.8    |                                  |   |   | 587 |   |   |   | 2.6 |   |   |   | 10 |   |   |   | 1.7 |   |
| Mexico                |   |                                             | 348    |   |                    |   | 1.6    |                                  |   |   | 394 |   |   |   | 1.7 |   |   |   | (46 | ) |   |   | (11.7 | ) |
| Europe                |   |                                             | 724    |   |                    |   | 3.3    |                                  |   |   | 420 |   |   |   | 1.8 |   |   |   | 304 |   |   |   | 72.4 |   |
| Asia                  |   |                                             | 934    |   |                    |   | 4.3    |                                  |   |   | 1,151 |   |   |   | 5.1 |   |   |   | (217 | ) |   |   | (18.9 | ) |
| Consolidated total    |   | $                                                | 21,687 |   |                    |   | 100.0  | %                                     |   | $ | 22,727 |   |   |   | 100.0 | % |   | $ | (1,040 | ) |   |   | (4.6 | )% |

|                  |   | March 31, 2011 |   |   | March 31, 2010       |   |   | % Change      |   |
|-----------------------|--------|--------------------------|--------|--------|--------------------------------|--------|--------|--------------------|--------|
|                  |   | ActiveDistributors       |   |   | MasterAffiliates andAbove |   |   | ActiveDistributors |   |   | MasterAffiliates andAbove |   |   | ActiveDistributors |   |   | MasterAffiliates andAbove |   |
|                  |   |                     |   |   |                           |   |   |               |   |   |   |   |   |   |   |   |   |   |
| United States         |   |                     | 46,910 |   |                           |   | 5,360  |               |   |   | 52,010 |   |   |   | 6,070 |   |   |   | (9.8 | )% |   |   | (11.7 | )% |
| Australia/New Zealand |   |                     | 2,200  |   |                           |   | 140    |               |   |   | 2,530 |   |   |   | 190 |   |   |   | (13.0 | ) |   |   | (26.3 | ) |
| Canada                |   |                     | 1,370  |   |                           |   | 170    |               |   |   | 1,310 |   |   |   | 140 |   |   |   | 4.6 |   |   |   | 21.4 |   |
| Mexico                |   |                     | 1,630  |   |                           |   | 240    |               |   |   | 2,290 |   |   |   | 220 |   |   |   | (28.8 | ) |   |   | 9.1 |   |
| Europe                |   |                     | 2,570  |   |                           |   | 260    |               |   |   | 1,350 |   |   |   | 180 |   |   |   | 90.4 |   |   |   | 44.4 |   |
| Asia                  |   |                     | 5,190  |   |                           |   | 400    |               |   |   | 6,540 |   |   |   | 590 |   |   |   | (20.6 | ) |   |   | (32.2 | ) |
| Consolidated total    |   |                     | 59,870 |   |                           |   | 6,570  |               |   |   | 66,030 |   |   |   | 7,390 |   |   |   | (9.3 | )% |   |   | (11.1 | )% |

----

----

----

| Exhibit |   |                                                                                                                                                                                    |
|---------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| Number  |   | Document                                                                                                                                                                                |
|    |   |                                                                                                                                                                                    |
| 31.1    |   | Certification of Chief Executive Officer pursuant to Rule 13a-14(a) and Rule 15d-14(a) of the Securities Exchange Act, as amended (filed herewith).                                     |
|    |   |                                                                                                                                                                                    |
| 31.2    |   | Certification of Chief Financial Officer pursuant to Rule 13a-14(a) and Rule 15d-14(a) of the Securities Exchange Act, as amended (filed herewith).                                     |
|    |   |                                                                                                                                                                                    |
| 32      |   | Certification of Chief Executive Officer and Chief Financial Officer pursuant to 18 U.S.C. 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (filed herewith). |

----

| RELIV’ INTERNATIONAL, INC. |
|----------------------------------|
|                             |
| By:                              | /s/ Robert L. Montgomery |
|                             | Robert L. Montgomery, Chairman of the Board of Directors, President and Chief Executive Officer |

| By:    | /s/ Steven D. Albright                                               |
|--------|----------------------------------------------------------------------|
|   | Steven D. Albright, Chief Financial Officer (and accounting officer) |

----