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UNITED STATES

  

| Delaware                                                       | 37-1532843                           |
|----------------------------------------------------------------|--------------------------------------|
| (State or other jurisdiction of incorporation or organization) | (I.R.S. Employer Identification No.) |
|                                                           |                                 |
|                                                           |                                 |
| 61 Broadway, 32 nd Floor New York, NY                          | 10006                                |
| (Address of principal executive offices)                       | (Zip Code)                           |

|                                                      |           |
|-----------------------------------------------------------|----------------|
| Registrant’s telephone number, including area code: | (212) 930-9700 |

| Securities registered under Section 12(b) of the Exchange Act: |
|----------------------------------------------------------------|
|                                                           |   |
|                                                           |   |
| Title of each class                                            | Name of each exchange on which registered |
| None                                                           | None |
|                                                           |   |
|                                                           |
| Securities registered under Section 12(g) of the Exchange Act: |
| Common Stock, par value $.001                                  |
| (Title of class)                                               |

| Large Accelerated Filer o | Accelerated Filer o         |
|---------------------------|-----------------------------|
| Non-accelerated Filer o   | Smaller reporting company x |

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Item 7.  Management’s Discussion and Analysis or Plan of Operations. 

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Overview

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Liquidity and Capital Resources 

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MONDO ACQUISITION I, INC. 

|                                                                                                                                             | Page      |
|--------------------------------------------------------------------------------------------------------------------------------------------------|-----------|
| Financial Statements:                                                                                                                            |      |
|                                                                                                                                             |      |
| Report of Independent Registered Certified Public Accounting Firm                                                                                | F-1       |
|                                                                                                                                             |      |
| Balance Sheet as of December 31, 2008 and 2007                                                                                              | F-2       |
|                                                                                                                                             |      |
| Statements of Losses for the Years Ended December 31, 2008 and 2007, and From October 30, 2006 (Date of Inception) through December 31, 2008     | F-3       |
|                                                                                                                                             |      |
| Statements of Stockholders’ Equity for the Period from Inception (October 30, 2006) through December 31, 2008                         | F-4       |
|                                                                                                                                             |      |
| Statements of Cash Flows for the Years Ended December 31, 2008 and 2007, and From October 30, 2006 (Date of Inception) through December 31, 2008 | F-5       |
|                                                                                                                                             |      |
| Notes to Financial Statements                                                                                                                    | F-6 - F-9 |

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|   | /s/ RBSM LLP            |
|--------|------------------------------|
|   | Certified Public Accountants |

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|                                                                                                                                                      |   | December 31, 2008 |   |   | December 31, 2007 |   |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-------------------|--------|--------|-------------------|--------|
| ASSETS                                                                                                                                                    |   |              |   |   |              |   |
| Current Assets:                                                                                                                                           |   |              |   |   |              |   |
| Cash and cash equivalents                                                                                                                                 |   | $                 | 5,944  |   |              | $      | 16,802 |   |
|                                                                                                                                                      |   |              |   |   |              |   |   |   |
| Total Assets                                                                                                                                              |   | $                 | 5,944  |   |              | $      | 16,802 |   |
|                                                                                                                                                      |   |              |   |   |              |   |   |   |
| LIABILITIES AND STOCKHOLDERS' EQUITY                                                                                                                      |   |              |   |   |              |   |   |   |
|                                                                                                                                                      |   |              |   |   |              |   |   |   |
| Current Liabilities:                                                                                                                                      |   |              |   |   |              |   |   |   |
| Accrued expenses related to incorporation                                                                                                                 |   | $                 | 1,493  |   |              | $      | 1,493 |   |
| Accounts payable                                                                                                                                          |   |              | 1,196  |   |              |   | 1,196 |   |
| Total Current Liabilities                                                                                                                                 |   |              | 2,689  |   |              |   | 2,689 |   |
|                                                                                                                                                      |   |              |   |   |              |   |   |   |
| Long Term Liabilities:                                                                                                                                    |   |              | -      |   |              |   | - |   |
|                                                                                                                                                      |   |              |   |   |              |   |   |   |
| Total Liabilities                                                                                                                                         |   |              | 2,689  |   |              |   | 2,689 |   |
|                                                                                                                                                      |   |              |   |   |              |   |   |   |
| Commitments and Contingencies                                                                                                                             |   |              |   |   |              |   |   |   |
|                                                                                                                                                      |   |              |   |   |              |   |   |   |
| Stockholders’ Equity:                                                                                                                               |   |              |   |   |              |   |   |   |
| Preferred stock, par value $0.001; 10,000,000 shares authorized, no issued and outstanding as of  December 31, 2008 and 2007, respectively |   |              | -      |   |              |   | - |   |
| Common stock, $0.001 par value; 40,000,000 authorized; 1,000,000 issued and outstanding as ofDecember 31, 2008 and 2007, respectively                |   |              | 1,000  |   |              |   | 1,000 |   |
| Additional paid in capital                                                                                                                                |   |              | 6,500  |   |              |   | 16,500 |   |
| Accumulated deficit during development stage                                                                                                              |   |              | (4,245 | )      |              |   | (3,387 | ) |
|                                                                                                                                                      |   |              |   |   |              |   |   |   |
| Total Stockholders' Equity                                                                                                                                |   |              | 3,255  |   |              |   | 14,113 |   |
|                                                                                                                                                      |   |              |   |   |              |   |   |   |
| Total Liabilities and Stockholders' Equity                                                                                                                |   | $                 | 5,944  |   |              | $      | 16,802 |   |

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|                                                                    |   | For the Year Ended December 31, 2008 |      |    | For the Year Ended December 31, 2007 |   |      | For the Period From October 30, 2006 (Date of Inception ) to December 31, 2008 |   |
|-------------------------------------------------------------------------|--------|--------------------------------------|-----------|---------|--------------------------------------|--------|-----------|-------------------------------------------------------------------------------------|--------|
|                                                                    |   |                                 |      |    |                                 |   |      |                                                                                |   |
| Operating Expenses:                                                     |   |                                 |      |    |                                 |   |      |                                                                                |   |
| Selling, general and administrative                                     |   | $                                    | 858       |    |                                 | $      | 1,894     |                                                                                |   | $ | 4,245 |   |
| Net loss                                                                |   | $                                    | (858      | )  |                                 | $      | (1,894    | )                                                                              |   | $ | (4,245 | ) |
|                                                                    |   |                                 |      |    |                                 |   |      |                                                                                |   |   |   |   |
| Net loss per common share (basic and fully diluted)                     |   | $                                    | (0.001    | )  |                                 | $      | (0.002    | )                                                                                   |   | $ | (0.004 | ) |
|                                                                    |   |                                 |      |    |                                 |   |      |                                                                                |   |   |   |   |
| Weighted average of common shares outstanding (basic and fully diluted) |   |                                 | 1,000,000 |    |                                 |   | 1,000,000 |                                                                                |   |   | 1,000,000 |   |

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|                              |   | Preferred stock |   |   | Common stock |   |   | Paid-in- |   |   | Accumulateddeficit during development |   |   |    |   |
|-----------------------------------|--------|-----------------|--------|--------|--------------|--------|--------|----------|--------|--------|---------------------------------------|--------|--------|---------|--------|
|                              |   | Shares          |   |   | Amount       |   |   | Shares   |   |   | Amount                                |   |   | capital |   |   | stage |   |   | Total |   |
| Balance-October 30, 2006          |   |            | -      |   |         | $      | -      |     |   |   |                                  |   | $      | -       |   |   | $ | - |   |   | $ | - |   |   | $ | - |   |
| Common stock issued to founders   |   |            | -      |   |         |   | -      |     |   |   | 1,000,000                             |   |   |    | 1,000  |   |   |   | 16,500 |   |   |   | - |   |   |   | 17,500 |   |
| Net loss                          |   |            | -      |   |         |   | -      |     |   |   | -                                     |   |   |    | -      |   |   |   | - |   |   |   | (1,493 | ) |   |   | (1,493 | ) |
| Balance- December 31, 2006        |   |            | -      |   |         |   | -      |     |   |   | 1,000,000                             |   |   |    | 1,000  |   |   |   | 16,500 |   |   |   | (1,493 | ) |   |   | 16,007 |   |
| Net loss                          |   |            | -      |   |         |   | -      |     |   |   | -                                     |   |   |    | -      |   |   |   | - |   |   |   | (1,894 | ) |   |   | (1,894 | ) |
| Balance – December 31, 2007 |   |            | -      |   |         |   | -      |     |   |   | 1,000,000                             |   |   |  $ | 1,000  |   |   |  $ | 16,500 |   |   | $ | (3,387 | ) |   | $ | 14,113 |   |
| Net loss                          |   |            |   |   |         |   | -      |     |   |   | -                                     |   |   |    | -      |   |   |   | - |   |   |   | (858 | ) |   |   | (858 | ) |
| Return of capital to founders     |   |            | -      |   |         |   | -      |     |   |   | -                                     |   |   |    | -      |   |   |   | (10,000 | ) |   |   | - |   |   |   | (10,000 | ) |
| Balance—December 31, 2008   |   |            | -      |   |         | $      | -      |     |   |   | 1,000,000                             |   |   | $       | 1,000  |   |   | $ | 6,500 |   |   | $ | (4,245 | ) |   | $ | 3,255 |   |

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MONDO ACQUISITION I, INC. 

| Cash Flow from Operating Activities:                                        |   | For the Year Ended December 31, 2008 |    |    | For the Year Ended December 31, 2007 |   |   | For the Period From October 30, 2006 (Date of Inception ) to December 31, 2008 |   |
|-----------------------------------------------------------------------------|--------|--------------------------------------|---------|---------|--------------------------------------|--------|--------|-------------------------------------------------------------------------------------|--------|
| Net loss                                                                    |   | $                               | (858    | )  |                                 | $      | (1,894 | )                                                                                   |   | $ | (4,245 | ) |
| Adjustments to reconcile net loss to net cash used in operating activities: |   |                                 |    |    |                                 |   |   |                                                                                |   |   |   |   |
| Changes in operating assets and liabilities:                                |   |                                 |    |    |                                 |   |   |                                                                                |   |   |   |   |
| Accounts payable and accrued expenses                                       |   |                                 | -       |    |                                 |   | 1,196  |                                                                                |   |   | 2,689 |   |
|                                                                        |   |                                 |    |    |                                 |   |   |                                                                                |   |   |   |   |
| Net Cash Provided By Operating Activities                                   |   |                                 | (858    | )  |                                 |   | (698   | )                                                                              |   |   | (1,556 | )  |
|                                                                        |   |                                 |    |    |                                 |   |   |                                                                                |   |   |   |   |
| Cash Flow from Investing Activities:                                        |   |                                 | -       |    |                                 |   | -      |                                                                                |   |   | - |   |
|                                                                        |   |                                 |    |    |                                 |   |   |                                                                                |   |   |   |   |
| Cash Flow Financing Activities:                                             |   |                                 | -       |    |                                 |   | -      |                                                                                |   |   |   |   |
| Proceeds from issuance of common stock to founders                          |   |                                 | -       |    |                                 |   | -      |                                                                                |   |   | 17,500 |   |
| Return of capital to founders                                               |   |                                 | (10,000 | )       |                                 |   |   |                                                                                |   |   |  (10,000 | )  |
| Net Cash Provided By Financing Activities:                                  |   |                                 | (10,000 | )  |                                 |   | -      |                                                                                |   |   | 7,500 |   |
|                                                                        |   |                                 |    |    |                                 |   |   |                                                                                |   |   |   |   |
| Net (Decrease) Increase in Cash and Cash Equivalents                        |   |                                 | (10,858 | )  |                                 |   | (698   | )                                                                              |   |   | (5,944 | ) |
| Cash and Cash Equivalents at beginning of period                            |   |                                 | 16,802  |    |                                 |   | 17,500 |                                                                                |   |   | - |   |
| Cash and Cash Equivalents at end of period                                  |   |  $                              | 5,944   |    |                                 | $      | 16,802 |                                                                                |   | $ | 5,944 |   |

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MONDO ACQUISITION I, INC. 

| (a)    | Organization and Business:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
|   | Mondo Acquisition I, Inc. (the “Company”), a wholly owned subsidiary of Mondo Management Corp., was incorporated in the state of Delaware on October 30, 2006 for the purpose of raising capital that is intended to be used in connection with its business plans which may include a possible merger, acquisition or other businesscombination with an operating business.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| (b)    | Development Stage Company:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
|   | The Company is currently a development stage company under the provisions of Statement of Financial Accounting Standards (“SFAS”) No. 7. All activities of the Company to date relate to its organization, initial funding and share issuances. The Company has not begun principal operations and as is common with a development stage company, the Company has had recurring losses during its development stage. The Company’s financial statements are prepared using generally accepted accounting principles applicable to a going concern which contemplates the realization of assetsand liquidation of liabilities in the normal course of business. However, the Company does not have significant cash or other material assets, nor does it have an established source of revenues sufficient to cover its operating costs and to allow it to continue as a going concern. In the interim, shareholders of the Company have committed to meeting its minimal operating expenses. |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| (c)    | Use of Estimates:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
|   | The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the balance sheet and reported amounts of revenuesand expenses during the reporting period. Actual results could differ from those estimates.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| (d)    | Cash and Cash Equivalents:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
|   | For purposes of the statement of cash flows, the Company considers highly liquid financial instruments purchased with original maturities of three months or less to be cash equivalents.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |

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| (e)    | Income Taxes:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
|   | The Company has implemented the provisions on Statement of Financial Accounting Standards No. 109, "Accounting for Income Taxes" (SFAS 109). SFAS 109 requires that income tax accounts be computed using the liability method. Deferred taxes are determined based upon the estimated future tax effects of differences between the financial reportingand tax reporting bases of assets and liabilities given the provisions of currently enacted tax laws. Any deferred tax asset is considered immaterial and has been fully offset by a valuation allowance because at this time the Company believes that it is more likely than not that the future tax benefit will not be realized as the Company has no current operations. In June 2006, the FASB issued FASB Interpretation No. 48, Accounting for Uncertainty in Income Taxes-an interpretation of FASB Statement No. 109 ("FIN 48"). FIN 48 prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurementof a tax position taken or expected to be taken in a tax return. FIN 48 also provides guidance on derecognition, classification, treatment of interest and penalties, and disclosure of such positions. Effective January 1, 2007, the Company adopted the provisions of FIN 48, as required. As a result of implementing FIN 48, there has been no adjustment to the Company’s financial statements and the adoption of FIN 48 did not have a material effect on the Company’s consolidated financial statementsfor the year ending December 31, 2008. |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| (f)    | Loss per Common Share:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
|   | Basic loss per share is calculated using the weighted-average number of common shares outstanding during each reporting period. Diluted loss per share includes potentially dilutive securities such as outstanding options and warrants, using various methods such as the treasury stock or modified treasury stock method in the determinationof dilutive shares outstanding during each reporting period. The Company does not have any potentially dilutive instruments.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| (g)    | Fair Value of Financial Instruments:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
|   | The carrying value of cash equivalents and accrued expenses approximates fair value due to the short period of time to maturity.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |

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Item 9.  Changes In and Disagreements with Accountants on Accounting and Financial Disclosure. 

As of December 31, 2008, we carried out an evaluation, under the supervision and with the participation of our Chief Executive Officer and Chief Financial Officer, of the effectiveness of the design and operation of our disclosure controls and procedures. Based on this evaluation, our Chief Executive Officerand Chief Financial Officer concluded that our disclosure controls and procedures were effective in ensuring that information required to be disclosed by us in our periodic reports is recorded, processed, summarized and reported, within the time periods specified for each report and that such information is accumulated and communicated to our management, including our principal executive and principal financial officers, or persons performing similar functions, as appropriate to allow timely decisions regardingrequired disclosure. 

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SIGNATURES 

|                  | MIDAS MEDICI GROUP HOLDINGS, INC. |                                                                                                    |
|-----------------------|-----------------------------------|---------------------------------------------------------------------------------------------------------|
|                  |                              |                                                                                                    |   |
| Date: October 6, 2009 | By:                               | /s/ Nana Baffour                                                                                        |   |
|                  |                              | Nana Baffour                                                                                            |   |
|                  |                              | CEO, Co-Executive Chairman & Director (Principal Executive Officer and Principal Financial Officer) |   |
|                  |                              |                                                                                                    |   |

| Name                    |   | Position                                                      |   | Date            |
|-------------------------|--------|---------------------------------------------------------------|--------|-----------------|
|                    |   |                                                          |   |            |
| /s/ Nana Baffour        |   | CEO, Co-Executive Chairman & Director                     |   | October 6, 2009 |
| Nana Baffour            |   | (Principal Executive Officer and Principal Financial Officer) |   |            |
|                    |   |                                                          |   |            |
|                    |   |                                                          |   |            |
| /s/ Johnson M. Kachidza |   | President , CO-Executive Chairman & Director              |   | October 6, 2009 |
| Johnson M. Kachidza     |   |                                                          |   |            |