**UNITED      STATES**

**SECURITIES      AND EXCHANGE COMMISSION**

**Washington,      D.C. 20549 **

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**FORM 10-QSB/A**

**(Amendment      No. 1)**

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

**For      the quarter ended July 31, 2007**

**-OR-**

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

**For      the transition period      from:                               to                                      **

**Commission      File Number 0-14234**

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**KINGS      ROAD ENTERTAINMENT, INC.**

| **DELAWARE**                                                                       |   | **95-3587522**                                           |
|------------------------------------------------------------------------------------|--------|----------------------------------------------------------|
| (State                or other jurisdiction of                                     |   | (I.R.S.                Employer Identification No.) |
| incorporation                or organization)                                      |   |                                                     |
|                                                                               |   |                                                     |
| **468                N. Camden Drive****Beverly                Hills, California** |   | **90210**                                                |
| (Address                of principal executive offices)                            |   | (Zip                Code)                                |

**310-278-9975**

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**EXPLANATORY        NOTE **

**Kings        Road Entertainment, Inc. (the Registrant) is filing this amendment (the Form        10-Q/A) to our Quarterly Report on Form 10-Q for the quarter ended July 31,        2007 (the Form 10-Q), filed on August 22, 2008, solely to correct        a clerical error on the cover page regarding the number of shares of common        stock outstanding. The cover page of this Form 10-Q/A correctly states that        the        number of shares of outstanding common stock of the Registrant on        July 31, 2008 was 9,956,493. **

**This        Form 10-Q/A should be read in conjunction with the original Form 10-Q, which        continues to speak as of the date of the Form 10-Q. Except as specifically        noted        above, this Form 10-Q/A does not modify or update disclosures in the original        Form 10-Q. Accordingly, this Form 10-Q/A does not reflect events occurring        after        the filing of the Form 10-Q or modify or update any related or other        disclosures. **

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**ITEM      6.**
**EXHIBITS**

| 31.1   | Rule                13a-14 (a)/15d-14 (a) Certification of Principal Executive                Officer |
|--------|-------------------------------------------------------------------------------------------------------|
|   |                                                                                                  |
| 31.2   | Rule                13a-14 (a)/15d-14 (a) Certification of Chief Financial                Officer.    |

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**SIGNATURES**

|                                 | **KINGS              ROAD ENTERTAINMENT, INC.** |
|--------------------------------------|-------------------------------------------------|
|                                 | (Registrant)                                    |
|                                 |                                            |   |
| Date:                August 28, 2008 | By:                                             | /s/                Philip Holmes |
|                                 |                                            | Philip                Holmes, President and Principal Executive                Officer |

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