**UNITED
        STATES**
 **SECURITIES
        AND EXCHANGE COMMISSION**
 **Washington,
        D.C. 20549**
 
 **FORM
        10-QSB**
 
 (X)QUARTERLY
                  REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE
                  ACT OF
                  1934For
                  the quarter period ended March 31,
                  2006
 
 (
                  )TRANSITION
                  REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE EXCHANGE
                  ACT
 
 For
                  the transaction period __________ to __________
 
 Commission
                  File number:333-133710
 
 **LOMA
                  VERDE INC.**(Exact
                  name of small business issuer as specified in its
                  charter)
 
 Nevada
              98-0490694(State
                  or jurisdiction of incorporation or organization)
              (I.R.S.
                  Employee Identification No.)
 
 1016
                  - 470 Granville Street, Vancouver, British Columbia, Canada, V6C
                  1V5(Address
                  of principal executive offices)
 
 1-604-805-4891(Issuer’s
                  telephone number)
 
 N/A(Former
                  name, former address, and former fiscal year, if changed since
                  last
                  report)
 
 Check
        whether the issuer (1) filed all reports required to be filed by Section
        13 or
        15(d) of the Exchange Act during the past 12 months (or for such shorter
        period
        that the registrant was required to file such reports), and (2) has been
        subject
        to such filing requirements for the past 90 days. Yes [X]  No  □
 **APPLICABLE
        ONLY TO ISSUERS INVOLVED IN BANKRUPTCY**
 **PROCEEDINGS
        DURING THE PROCEDING FIVE YEARS**
 
 Check
        whether the registrant filed all documents and reports required to be filed
        by
        Section 12, 13 or 15(d) of the Exchange Act after the distribution of securities
        under a plan confirmed by a court. Yes □ No □
 **APPLICABLE
        ONLY TO CORPORATE ISSUERS**
 
 State
        the
        number of shares outstanding of each of the issuer’s classes of common equity,
        as of the latest practicable date:
 
 March
        31,
        2006:  2,561,000
        common shares
 
 Transitional
        Small Business Disclosure format (Check one): Yes [ ] No [X]
  -1-
  
 **INDEX**
 **Page****PART
                  1.**
              FINANCIAL
                  INFORMATION******ITEM
                  1.**
              Financial
                  Statements (unaudited)
              **3**Consolidated
                  Balance Sheet as at March 31, 2006
              **4**Consolidated
                  Statement of Operations
                For
                  the three months ended March 31, 2006 and forthe
                  period October 17, 2005 (Date of Inception) toMarch
                  31, 2006
              **5**Consolidated
                  Statement of Changes in Stockholders’ Equity
                For
                  the period from October 17, 2005 (Date ofInception)
                  to March 31, 2006
              **6**Consolidated
                  Statement of Cash Flows
                For
                  the three months ended March 31, 2006 and forthe
                  period October 17, 2005 (Date of Inception) toMarch
                  31, 2006
              **7**Notes
                  to the Financial Statements.
              **8********ITEM
                  2.**
              Management’s
                  Discussion and Analysis or Plan of Operations
              **12****ITEM
                  3.**
              Controls
                  and Procedures
              **26****PART
                  11.**
              OTHER
                  INFORMATION
              **26****ITEM
                  1.**
              Legal
                  Proceedings
              **26********ITEM
                  2.**
              Changes
                  in Securities
              **26********ITEM
                  3.**
              Defaults
                  Upon Senior Securities
              **26****ITEM
                  4.**
              Submission
                  of Matters to a Vote of Security Holders
              **27********ITEM
                  5.**
              Other
                  Information
              **27****SIGNATURES**.
              **28**
 
  -2-
  
 
 **PART
        1 - FINANCIAL INFORMATION**
  **ITEM
        1. FINANCIAL STATEMENTS**
  The
        accompanying consolidated balance sheet of Loma Verde Inc. and subsidiary
        (a
        pre-exploration stage company) at March 31, 2006 and the consolidated statement
        of operations, consolidated statement of changes in shareholders’ equity and
        consolidated statement of cash flow for the three months ended March 31,
        2006
        and for the period from October 17, 2005 (date of incorporation) to March
        31,
        2006 have been prepared by the Company’s management in conformity with
        accounting principles generally accepted in the United States of America.
        In the
        opinion of management, all adjustments considered necessary for a fair
        presentation of the results of operations and financial position have been
        included and all such adjustments are of a normal recurring nature.
 
 Operating
        results for the quarter ended March 31, 2006, are not necessarily indicative
        of
        the results that can be expected for the year ending June 30, 2006.
 
  
  -3-
   **LOMA
        VERDE INC. AND SUBSIDIARY**
 (A
        Pre-exploration Stage Company)
 **CONSOLIDATED
        BALANCE SHEET**
 March
        31,
        2006
 (Unaudited
        - Prepared by Management)
 
 **ASSETS****CURRENT
                  ASSETS**Cash
              **$****6,779**Total
                  Current Assets
              **$****6,779****LIABILITIES
                  AND STOCKHOLDERS’ EQUITY****CURRENT
                  LIABILITIES**Accounts
                  payable
              **$
                  2,016**Accounts
                  payable - related party
              **779**Total
                  Current Liabilities
              **2,795****STOCKHOLDERS’
                  EQUITY**Common
                  stock200,000,000
                  shares authorized, at $0.001 par value;2,561,000
                  shares issued and outstanding
              **2,561**Capital
                  in excess of par value
              **21,239**Deficit
                  accumulated during the pre-exploration stage
              **(19,816)**Total
                  Stockholders’ Equity
              **3,984****$****6,779**
 
 
 
 The
        accompanying notes are an integral part of these interim financial
        statements.
 
 
 
  -4-
  
 **LOMA
        VERDE INC. AND SUBSIDIARY**
 (A
        Pre-exploration Stage Company)
 **CONSOLIDATED
        STATEMENTS OF OPERATIONS**
 For
        the
        period from October 17, 2005 (date of inception) to March 31, 2006
 (Unaudited
        - Prepared by Management)
  **Three**
                **months**
                **ended**
                **March
                  31,**
                **2006**
              **From**
                **October
                  17, 2005**
                **(date
                  of inception)**
                **to**
                **March
                  31, 2006****REVENUES**
              **$****-**
              **$****-****EXPENSES**Accounting
                  and audit
              **3,995**
              **3,995**Bank
                  charges
              **78**
              **207**Consulting
              **2,500**
              **2,500**Exploration
                  costs
              **-**
              **432**Filing
                  fees
              **-**
              **200**Geology
                  report
              **4,500**
              **4,500**Incorporation
                  costs
              **-**
              **1,424**Management
                  fees
              **1,500**
              **3,000**Office
              **538**
              **558**Rent
              **900**
              **1,800**Telephone
              **600**
              **1,200****NET
                  LOSS FROM OPERATIONS**
              **$
                  (****14,611)**
              **$****(19,816)****NET
                  LOSS PER COMMON SHARE**Basic
                  and diluted
              **$(0.01)****AVERAGE
                  OUTSTANDING SHARES****1,176,833**Basic
 
 The
        accompanying notes are an integral part of these interim financial
        statements.
  -5-
  
 **LOMA
        VERDE INC. AND SUBSIDIARY**
 **(Pre-Exploration
        Stage Company)**
 **CONSOLIDATED
        STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY**
 **Period
        October 17, 2005 (date of inception) to March 31, 2006**
 (Unaudited
        - Prepared by Management)
 
 Common
                Shares
              Stock
                Amount
              Capital
                  in
                Excess
                  of
                Par
                  Value
              Accumulated
                Deficit**Balance
                  October 17, 2005**
              -
              $
                  -
              $
                  -
              $
                  -Issuance
                  of common shares for cash at
                $0.001
                  - February 15, 2006
              2,250,000
              2,250
              -
              -Issuance
                  of common shares for cash at
                $0.05
                  - January 31, 2006
              311,000
              311
              15,239
              -Capital
                  contributions - expenses
              -
              -
              6,000
              -Net
                  operating loss for the six months
                ended
                  March 31, 2006
              -
              -
              -
              (19,816)**Balance
                  as at March 31, 2006**
              ******2,561,000******
              **$****2,561**
              **$****21,239**
              **$****(19,816)**
 
 The
        accompanying notes are an integral part of these interim financial
        statements
 
  -6-
  
 **LOMA
        VERDE INC. AND SUBSIDIARY**
 (A
        Pre-exploration Stage Company)
 **CONSOLIDATED
        STATEMENTS OF CASH FLOWS**
 For
        the
        period from October 17, 2005 (date of inception) to March 31, 2006
 (Unaudited
        - Prepared by Management)
 
 **Three**
                **months
                  ended**
                **March
                  31,**
                **2006**
              **From**
                **October
                  17,**
                **2005**
                **(date
                  of**
                **Inception)**
                **To**
                **March
                  31,**
                **2006****CASH
                  FLOWS FROM OPERATING ACTIVITIES:**Net
                  loss
              **$
                  (14,611)**
              **$
                  (19,816)**Adjustments
                  to reconcile net loss to net cashprovided
                  byoperating
                  activities:Changes
                  in accounts payable
              **1,995**
              **2,016**Capital
                  contributions - expenses
              **3,000**
              **6,000**Net
                  Cash Provided (Used) in Operations
              **(9,616)**
              **(11,800)****CASH
                  FLOWS FROM INVESTING ACTIVITIES:**
              **-******
              **-****CASH
                  FLOWS FROM FINANCING ACTIVITIES:**Changes
                  in accounts payable-
                  related party
              **23**
              **779**Proceeds
                  from issuance of commonstock
              **11,250**
              **17,800****11,273**
              **18,579**Net
                  Increase in Cash
              **1,657**
              **6,779**Cash
                  at Beginning of Period
              **5,122**
              **-****CASH
                  AT END OF PERIOD**
              **$****6,779**
              **$****6,779**
 
 
 
 
 The
        accompanying notes are an integral part of these interim financial
        statements
 
  -7-
  
 **LOMA
        VERDE INC. AND SUBSIDIARY**
 (A
        Pre-exploration Stage Company)
 **NOTES
        TO CONSOLIDATED FINANCIAL STATEMENTS**
 March
        31,
        2006
 **1.**  **ORGANIZATION**
 
 The
        Company, Loma Verde Inc. was incorporated under the laws of the State of
        Nevada
        on October 17, 2005 with the authorized capital stock of 200,000,000 shares
        at
        $0.001 par value. The Company organized its wholly owned subsidiary, Loma
        Verde
        Explorations Ltd., which was incorporated in British Columbia on October
        28,
        2005.
 
 The
        Company was organized for the purpose of acquiring and developing mineral
        properties. At the report date mineral claims, with unknown reserves, had
        been
        acquired. The Company has not established the existence of a commercially
        minable ore deposit and therefore has not reached the development stage and
        is
        considered to be in the pre-exploration stage.
 
 The
        Company and its subsidiary has elected June 30 as its fiscal year.
 
 **2.**  **SUMMARY
        OF SIGNIFICANT ACCOUNTING POLICIES**
 
 Accounting
        Methods
 
 The
        Company recognizes income and expenses based on the accrual method of
        accounting.
 
 Dividend
        Policy
 
 The
        Company has not yet adopted a policy regarding payment of
        dividends.
 
 Basic
                  and Diluted Net Income (loss) Per
                  Share
 
 Basic
                  net income (loss) per share amounts are computed based on the weighted
                  average number of shares actually outstanding. Diluted net income
                  (loss)
                  per share amounts are computed using the weighted average number
                  of common
                  and common equivalent shares outstanding as if shares had been
                  issued on
                  the exercise of the common share rights unless the exercise becomes
                  antidulutive and then only the basic per share amounts are shown
                  in the
                  report.
 
 Principles
        of Consolidation
 
 The
        accompanying consolidated financial statements include the accounts of Loma
        Verde Inc (parent) and its subsidiary from their inception. All significant
        intercompany accounts and balances have been eliminated in
        consolidation.
 
 
  -8-
  
 **LOMA
        VERDE INC. AND SUBSIDIARY**
 (A
        Pre-exploration Stage Company)
 **NOTES
        TO CONSOLIDATED FINANCIAL STATEMENTS**
 March
        31,
        2006
 
 **2.**  **SUMMARY
        OF SIGNIFICANT ACCOUNTING POLICIES - Continued**
 
 Evaluation
        of Long-Lived Assets
 
 The
        Company periodically reviews its long term assets and makes adjustments,
        if the
        carrying value exceeds fair value.
 
 Income
        Taxes
  The
        Company utilizes the liability method of accounting for income taxes. Under
        the
        liability method deferred tax assets and liabilities are determined based
        on
        differences between financial reporting and the tax bases of the assets and
        liabilities and are measured using the enacted tax rates and laws that will
        be
        in effect, when the differences are expected to be reversed. An allowance
        against deferred tax assets is recorded, when it is more likely than not,
        that
        such tax benefits will not be realized.
 
 On
        March
        31, 2006, the Company had a net operating loss carry forward of $19,816 for
        income tax purposes. The tax benefit of approximately $7,900 from the loss
        carry
        forward has been fully offset by a valuation reserve because the future tax
        benefit is undeterminable since the Company is unable to establish a predictable
        projection of operating profits for future years.
 
 Foreign
        Currency Translations
 
 Part
        of
        the transactions of the Company were completed in Canadian dollars and have
        been
        translated to US dollars as incurred, at the exchange rate in effect at the
        time, and therefore, no gain or loss from the translation is recognized.
        The
        functional currency is considered to be US dollars.
 
 Revenue
        Recognition
 
 Revenue
        is recognized on the sale and delivery of a product or the completion of
        a
        service provided.
 
 Advertising
        and Market Development
 
 The
        company expenses advertising and market development costs as
        incurred.
 
 Financial
        Instruments
 
 The
                  carrying amounts of financial instruments are considered by management
                  to
                  be their fair value to their short term
                  maturities.
  -9-
  
 
 **LOMA
        VERDE INC. AND SUBSIDIARY**
 (A
        Pre-exploration Stage Company)
 **NOTES
        TO CONSOLIDATED FINANCIAL STATEMENTS**
 March
        31,
        2006
 
 **2.**  **SUMMARY
        OF SIGNIFICANT ACCOUNTING POLICIES - Continued**
 Estimates
        and Assumptions
 
 Management
        uses estimates and assumptions in preparing financial statements in accordance
        with general accepted accounting principles. Those estimates and assumptions
        affect the reported amounts of the assets and liabilities, the disclosure
        of
        contingent assets and liabilities, and the reported revenues and expenses.
        Actual results could vary from the estimates that were assumed in preparing
        these financial statements.
 
 Statement
                  of Cash Flows
 
 For
                  the purposes of the statement of cash flows, the Company considers
                  all
                  highly liquid investments with a maturity of three months or less
                  to be
                  cash equivalents.
 
 Unproven
        Mining Claim Costs
 
 Cost
        of
        acquisition, exploration, carrying and retaining unproven properties are
        expensed as incurred.
 
 Environmental
                  Requirements
 
 At
                  the report date environmental requirements related to the mineral
                  claim
                  acquired are unknown and therefore any estimate of any future cost
                  cannot
                  be made.
 
 Financial
        Instruments
 
 The
        carrying value of financial instruments, including cash and accounts payable,
        are considered by management to be their estimated fair value.
 
 Recent
        Accounting Pronouncements
 
 The
        Company does not expect that the adoption of other recent accounting
        pronouncements will have a material impact on its financial
        statements.
 
 
  -10-
  
 
 **LOMA
        VERDE INC. AND SUBSIDIARY**
 (A
        Pre-exploration Stage Company)
 **NOTES
        TO CONSOLIDATED FINANCIAL STATEMENTS**
 March
        31,
        2006
 
 **3.**  **AQUISITION
        OF MINERAL CLAIM**
 
 The
                  Company’s subsidiary acquired three mineral claims, known as the HV-12,
                  Thistle 2 and Thistle 3, situated in British Columbia, with an
                  expiration
                  date of March 1, 2007, and February 10, 2007 for the latter two
                  claims.
                  The claims may be extended yearly by the payment of $5,026 Cdn
                  or the
                  completion of work on the property of $5,026 Cdn. plus a filing
                  fee. On
                  the date of this report the Company had not established the existence
                  of a
                  commercially minable ore deposit on the claims.
 
 **4.**  **SIGNIFICANT
        TRANSACTIONS WITH RELATED PARTY**
 
 Officers-directors
        and their family have acquired 88% of the common stock issued and have made
        no
        interest, demand loans to the Company of $779.
 
 **5.**  **CAPITAL
        STOCK**
 
 During
        January and February 2006, the Company completed a private placement of
        2,250,000 common shares for $2,250 to its directors and a private placement
        of
        311,000 common shares for $15,550.
 
 **6.**  **GOING
        CONCERN**
 
 The
        Company intends to seek business opportunities that will provide a profit.
        However, the Company does not have the working capital necessary to be
        successful in this effort and to service its debt, which raises substantial
        doubt about its ability to continue as a going concern.
 
 Continuation
        of the Company as a going concern is dependent upon obtaining additional
        working
        capital and the management of the Company has developed a strategy, which
        it
        believes will accomplish this objective through additional loans from related
        parties, and equity funding (Note 5), which will enable the Company to operate
        for the coming year.
 
 
 
 
  -11-
  
 
 **ITEM
        2. MANAGEMENT’S DISCUSSION AND ANALYSIS OR**
 **PLAN
        OF OPERATIONS**
 PLAN
        OF
        OPERATIONS
 
 The
        following discussion should be read in conjunction with the information
        contained in the consolidated financial statements of Loma Verde Inc. (“Loma”)
        and the notes which form an integral part of the financial statements which
        are
        attached hereto.
 
 The
        financial statements mentioned above have been prepared in conformity with
        accounting principles generally accepted in the United States of America
        and are
        stated in United States dollars.
 
 Loma
        presently has minimal day-to-day operations; mainly comprising the maintaining
        of the HV-12, Thistle 2 and 3 claims (“LVI Claims”)in good standing on an annual
        basis and preparing the various reports to be filed with the United States
        Securities and Exchange Commission (the “SEC”) as required.
 
 LIQUIDITY
        AND CAPITAL RESOURCES
 
 Loma
        has
        had no revenue since inception and its accumulated deficit is $19,816. To
        date,
        the growth of Loma has been funded by the sale of shares and advances by
        its
        directors in order to meet the working capital requirements of Loma and
        maintaining the LVI Claims in good standing.
 
 The
        plan
        of operations during the next twelve months will be to maintain the LVi claims
        in good standing with the Province of British Columbia and meet its filing
        requirements. Presently, Loma does not have the funds to consider any additional
        mineral claims. Management is considering the raising of additional funds
        through the sale of shares, obtaining advances from its directors or obtaining
        funds from institutional lenders guaranteed by its directors. No decision
        as to
        the price and number of shares to be issued has been decided upon nor what
        method of funding is best for Loma and its shareholders.
 
 Funds
        required over the next twelve months to maintain the LVI Claims and Loma
        in good
        standing are as follows:
 
 Accounting
              $
                  3,500
              Preparation
                  of
                  quarterly and annul working papers and financial
                  statements.Audit
              4,000
              Review
                  of the quarterly financial and rendering an opinion on the year
                  end
                  financial statementsBank
                  charges
              120
              Estimated
                  at
                  $10 per monthConsulting
              5,000
              Preparation
                  of
                  the Form SB-2 as contracted for by the directors over a four month
                  periodExploration
                  costs
              4,461
              Maintaining
                  the
                  LVI claims in good standing at a cost of Cdn$5,027 and
                  Cdn.$180.
 
  -12-
  
 Filing
                  fees
              200
              Annual
                  payment to the Secretary of State for Nevada to maintain Loma in
                  good
                  standing for a further year.Office
              500
              Estimate
                  for
                  photocopying, fax and delivery.Transfer
                  agent
              1,000
              Annual
                  fee of $500 and estimated preparation of share certificates as
                  needed.$18,781
 
 At
        present, Loma does not have these funds, having only $6,779 in its bank account,
        and therefore would be required to either sell shares in its capital stock
        or
        obtain further advances from its directors. Loma’s future operations and growth
        is dependent on its ability to raise capital for expansion and to seek revenue
        sources.
 
 Business
        Development
 
 Loma
        is
        located at the business address of Peter Hill, its President and Director,
        1016
        - 470 Granville Street, Vancouver, B.C., Canada. Loma has not been a party
        to
        any bankruptcy, receivership or similar proceedings since its inception.
        Loma
        has not been involved in any reclassification, merger, consolidation, or
        purchase or sale of a significant amount of assets not in the ordinary course
        of
        business.
  Loma
        is a
        company without revenue, with little or no assets, having incurred losses
        since
        its inception. It has relied on loans from Peter Hill and from the sale of
        its
        common stock to give it money.
  Loma
        is
        considered to be in the pre-exploration stage (being engaged in the search
        of
        mineral deposits (reserves) and is not considered to be in the development
        or
        production stage) without any assurance that a commercially viable mineral
        deposit, a reserve, exists on the LVI Claims until appropriate exploration
        work
        is done and a comprehensive study based upon such work concludes legal and
        economic feasibility. A reserve is, defined as by Industry Guide 7, that
        part of
        a mineral deposit which could be economically and legally extracted or produced
        at the time of the reserve determination. Reserves are customarily stated
        in
        terms of “ore” (a natural occurrence of one or more minerals that may be mined
        and sold at a profit or from which some part may be profitably separated)
        when
        dealing with metalliferous minerals (metal bearing ore). Reserves are either
        “proven” or “probable” and are defined as follows:
 
 Proven
        (Measured) Reserves: Reserves for which (a) quantity is computed from dimensions
        revealed in outcrops, trenches, workings or drill holes; grade and/or quality
        are computed from the results of detailed sampling and (b) the sites for
        inspection, sampling and measurement are spaced so closely and the geologic
        character is so well defined that size, shape, depth and mineral content
        of
        reserves is well-established.
 
 Probable
        (Indicated) Reserves: Reserves for which quantity and grade and/or quality
        are
        computed from information similar to that used in proven (measured) reserves,
        but the sites for inspection, sampling, and measurement are farther apart
        or are
        otherwise less adequately spaced. The degree of assurance, although lower
        than
        that for proven (measured) reserves, is high enough to assume continuity
        between
        points of observation.
  -13-
  
  There
        is
        no assurance a commercially viable mineral deposit exists on the LVI Claims.
        Further exploration will be required before a final evaluation as to the
        economic and legal feasibility is determined for the LVI Claims. Loma’s ability
        to emerge from the exploration stage with respect to its planned principal
        business activity is dependent upon its ability to attain profitable operations.
        There is no guarantee Loma will be able to identify, acquire or develop mineral
        properties that will produce profitability. Moreover, if a potential mineral
        property is identified which warrants acquisition or participation, additional
        funds will be required to complete the acquisition or participation, and
        Loma
        may not be able to obtain such financing on terms which are satisfactory
        to it.
        There is substantial doubt regarding Loma's ability to continue as a going
        concern. Loma’s plans for its continuation as a going concern include financing
        its operations through sales of its common stock. If Loma is not successful
        with
        its plans, its shareholders and any future investors could then lose all
        or a
        substantial portion of their investment.
  
 Loma
        has
        the rights to the minerals on the LVI Claims but does not have the rights
        to any
        placer minerals (being minerals contained in the overburden which is above
        the
        hard rock) or to coal. The placer rights could be staked by Loma but no
        consideration has been given to this at this time. If, during the exploration
        program, placer minerals are found to be of value, Loma will immediately
        stake
        the claim in question for placer.
 
 Other
        mineral properties
 
 Loma
        has
        not found any other mineral properties either for staking or purchase but
        will
        seek other mineral properties during the next few years to diversify its
        holdings. Any staking and/or purchasing of mineral properties may involve
        the
        issuance of substantial blocks of its shares. Loma has no intention of
        purchasing for cash or other considerations any mineral properties from its
        officers and/or directors.
 
 Loma’s
        Principal Product or Services
 
 Loma’s
        principal product will be the sale of gold and silver that can be extracted
        from
        the LVI Claims when, and if ever, a commercially viable ore reserve is
        discovered. There is no assurance a commercially viable ore reserve will
        ever be
        identified and whether, if identified, it will be of the size and grade to
        be
        economical. If we do not discover a commercially viable mineral deposit,
        we will
        have no principal product. Information respecting the LVI Claims are as follows:
 
 Claim
                Name
              Tenure
                Number
              Expiry
                Date
              Map
                Location
              OwnerHV
                  1-12
              508118
              March
                  1/07
              M092F02E
              Loma
                  Verde Explorations Ltd.Thistle
                  2
              527389
              Feb
                  10/07
              M092F02E
              Loma
                  Verde Explorations Ltd.Thistle
                  3
              527390
              Feb
                  10/07
              M092F02E
              Loma
                  Verde Explorations Ltd.
 
 The
        LVI
        Claims cover an area of 1,269.07 hectares (approximately 3,136
        acres).
  -14-
  
 To
        maintain the LVI Claims in good standing, such that they do not expire on
        the
        date indicated in the preceding table, we must undertake exploration work
        on the
        LVI Claims before the expiry date, or pay cash of approximately $4,461in
        lieu of
        doing exploration work, to the Province of British Columbia. This is an annual
        obligation. Failure to do either, each year, will result in the LVI Claims
        reverting to the Province of British Columbia.
  The
        LVI
        Claims was selected for acquisition due to previously recorded exploration
        work
        and because the claims are not located in an environmentally sensitive region.
  Additional
        information regarding the LVI Claims can be found at the British Columbia
        government website located at http://www.mtonline.gov.bc.ca/ .
  **Location
        and Access**
  The
        LVI
        Claims are located approximately 16 kilometers (10 miles) south east of Port
        Alberni, British Columbia, a town of approximately 20,000 people located
        on
        Vancouver Island. The area covered by the claims is an active logging region
        thus numerous heavy operators and equipment available for hire. Port Alberni
        provides most necessary amenities and supplies including, fuel, helicopter
        services and hardware while drilling companies and assay services are available
        in the town of Campbell River (also on Vancouver Island) or in Vancouver,
        B.C.
        Access to our claims is via paved road and thereafter by good gravel logging
        road to the claims. There are numerous logging roads and trails throughout
        the
        area covered by the claims.
 
 The
        topography and relief of the LVI Claims is fairly rugged with elevations
        ranging
        from 1,300 to 3,000 feet. Annual precipitation is heavy. Snow pack varies
        from
        year to year but often remains until late spring.
  **Property
        Geology**
 
 The
        geology of the LVI Claims is dominated by basaltic flows and pillow basalt
        underlain by a complexly inter-layered succession of volcanic and sedimentary
        rocks.
 
 Disseminated
        to semi-massive sulphide mineralization, consisting or pyrite, minor pyrhotite,
        traces of visible chalcopyrite and some magnetite quartz-epidote-calcite
        stringers occur in extention of the ‘mineral creek fault’, a fault hosting a
        defined deposit some 3 miles north of the LVI Claims.
 
 At
        least
        three deposit types are associated with the rock units noted above and the
        indictaed geological environment underlying the LVI Claims:
 
 -
              quartz
                  vein type mineralization;
 -
              massive
                  sulphide mineralization; and
 -
              massive
                  sulphide related skarn
                  mineralization.
 
 At
        least
        have some of the elements of their host geology for each of these well know
        deposit types have been found on the LVI Claims. Thus there is the potential
        for
        locating one or more of these deposit types on the LVI Claims
 
  -15-
  
 **Previous
        Exploration**
 
 The
        area
        surrounding the LVI Claims has been an active mining area for precious metals
        since the discovery of the ‘Vancouver Island Gold Mine’ in the late 1890’s, a
        very small scale ‘pick and shovel’ mine. Numerous mineralized zones throughout
        the area, and on the LVI Claims, remain to be explored.
 
 The
        LVI
        Claims were the subject of an airborne geophysical survey conducted in the
        1990’s. This survey identified a number of zones on the claims with readings
        consistent with the deposit types noted above. While by no means definitive,
        the
        results of the geophysical survey indicate that further exploration of the
        LVI
        Claims is warranted.
 There
        are
        no public records of significant work having been done in the past on the
        area
        now covered by the LVI Claims. However, significant work was conducted in
        the
        1980’s by Westmin Resources Limited on what was known as the Vancouver Island
        Mine, now called the ‘Debbie Mine’, some 3 miles to the north of the LVI Claims.
        This is relevant because the ‘mineral creek fault’ found at the Debbie Mine
        extends to the LVI Claims giving rise to the possibility than gold
        mineralization found in the mineral creek fault at the Debbie Mine may possibly
        exist on the LVI Claims.
  **Proposed
        Exploration Work - Plan of Operation**
  Mr.
        William Timmins, P. Eng., authored the "Geology Report On Thistle Property”
dated March, 2006 (the “Timmins’ Report”), in which he recommended a two-phase
        exploration program to properly evaluate the potential of the claim. We must
        conduct exploration to determine what minerals exist on our property and
        whether
        they can be economically extracted and profitably processed. We plan to proceed
        with exploration of the LVI Claims, in the manner recommended in the Timmin’s
        Report, to determine the potential for discovering commercially exploitable
        deposits of gold and silver.
  We
        do not
        have any ores or reserves whatsoever at this time on the LVI Claims.
  Mr.
        Timmins is a registered Professional Engineer in good standing in the
        Association of Professional Engineers and Geoscientists of British Columbia.
        He
        is a graduate of the Provincial Institute of Mining, Haileybury Ontario (1956)
        and attended Michigan Technological University (1962-65) and was licensed
        by the
        Professional Engineers of British Columbia (geological discipline) in 1969.
        Mr.
        Timmins has practiced his profession as a Professional Engineer for over
        39
        years.
  The
        Timmin’s Report recommends a two-phase exploration program to properly evaluate
        the potential of the LVI Claims. We anticipate, based on the Timmin’s Report,
        that Phase I of the recommended geological exploration program will cost
        approximately $4,394. The cost estimates for this work program are based
        on Mr.
        Timmin’s recommendations and reflect local costs for this type of
        work.
  We
        intend
        to undertake Phase I work at some point during the summer of 2006. Precise
        timing of the work will depend upon weather conditions in the vicinity of
        the
        LVI Claims. Depending upon how dry the late spring and summer weather may
        be,
        the heavily forested area which hosts the LVI Claims may be subject to closures
        during periods of high risk for forest fires.
   -16-
   Phase
        I
        work will include detailed
        geological mapping, the creation of maps showing the location of all roads
        within and near the perimeter of the LVI Claims; silt sampling of every drainage
        or draw, including soil sampling if necessary and prospecting. When we map,
        we
        essentially generate a drawing of the physical features of the land we are
        interested in as well as a depiction of what may have been found in relation
        to
        the boundaries of the property. So we will actually draw a scale map of the
        area
        and make notes on it as to the location where anything was found that was
        of
        interest or not. In the process we will also identify any showings which
        appear
        to warrant sampling, i.e. any rock formations that appear to warrant our
        taking
        soil and rock samples from the claims to a laboratory where a determination
        of
        the elemental make up of the sample and the exact concentrations of gold,
        copper
        and other indicator minerals can be made. Based on the Timmins’ Report we expect
        the costs of Phase I work to total approximately $4,394.
  Should
        Phase I results warrant further work and provided we are able to raise
        additional capital, in Phase II (at an estimated cost of a further $4,394)
        we
        would undertake additional rock and geochemical sampling. This work would
        be
        designed to compare the relative concentrations of gold, copper and other
        indicator minerals in samples so the results from different samples can be
        compared in a more precise manner and plotted on a map to evaluate their
        significance. If an apparent mineralized zone(s) is identified and narrowed
        down
        to a specific area(s) by the Phase I & II work, diamond drilling of selected
        targets to test the apparent mineralized zones may be warranted.
  Work
        is
        phased in such a manner as to allow decision points to ensure that future
        work
        has a value and will provide better or additional information as to the
        viability of the claim. By utilizing a multi-phase work program, at the end
        of
        each phase a decision can be made as to whether the phase has provided the
        necessary information to increase the viability of the project. If the
        information obtained as a result of any phase indicates that there is no
        increased probability of finding an economically viable deposit at the end
        of
        the project, a determination would be made that the work should cease at
        that
        point.
  Since
        the
        LVI Claims are located at an elevation that is subject to cold winters with
        snowfall accumulations **,** no work
        could be undertaken on our property until late spring/summer 2006.
  Particularly
        since we have a limited operating history, no reserves and no revenue, our
        ability to raise additional funds to conduct Phase II work might be limited.
        If
        we are unable to raise the necessary funds, we would be required to suspend
        LVI's operations and liquidate our company.
  We
        will
        focus available working capital on the exploration of the LVI Claims, our
        sole
        property.
  There
        are
        no permanent facilities, plants, buildings or equipment on the LVI
        Claims.
   **Competitive
        Factors**
  The
        gold
        mining industry is highly fragmented. We are competing with many other
   -17-
   exploration
        companies looking for gold. We are among the smallest exploration companies
        in
        existence and are an infinitely small participant in the gold exploration
 and
        mining business which is the cornerstone of the founding and early stage
        development of the mining industry. While we generally compete with other
        exploration companies, there is no competition for the exploration or removal
        of
        minerals from our claims. Readily available gold markets exist in Canada
        and
        around the world for the sale of gold. Therefore, we will likely be able
        to sell
        any gold that we are able to recover, in the event commercial quantities
        are
        discovered on the LVI Claims. There is no ore body on the LVI
        Claims.
   **Regulations**
  Our
        proposed mineral exploration program is subject to the Canadian Mineral Tenure
        Act Regulation. This act sets forth rules for locating claims, posting claims,
        working claims and reporting work performed. We are also subject to the British
        Columbia Mineral Exploration Code which indicates to a company where it can
        explore for minerals. We must comply with these government laws in order
        to
        operate our business. Complying with these rules will not adversely affect
        our
        operations. These Acts will not have any material impact on our business
        or
        operations. We will comply with these Acts as noted below.
 
 ●
              Establishing
                  a grid to take soil and rock samples does not require approval
                  from the
                  Provincial government. When the work is completed, we will be required
                  to
                  complete a “Statement of Work, Cash Payment and Rental” form and submit it
                  to the Ministry along With a filing fee of $150. The work recorded
                  on this
                  form will maintain the LVI Claims in good standing for a further
                  twelve
                  months.●
              When
                  undertaking either a trenching or drilling program, we will be
                  required to
                  complete a “Notice of Work” form indicating the work to be undertaken by
                  us on the LVI Claims. At the same time, we will have to complete
                  and file
                  with the Ministry a Reclamation Permit” and a “Safekeeping Agreement” to
                  ensure that subsequent to the completion of our program that we
                  leave the
                  area in roughly the same state it was
                previously.●
              If
                  we wish to cut any trees on the LVI Claims we will have to apply
                  for a
                  “License to Cut” under the Forestry Ministry. The cost of applying for
                  this license is approximately $150.●
              Our
                  exploration work will have to done in accordance with the “Mineral
                  Exploration Code - Part II - Health, Safety and Reclamation Code
                  of
                  Mines”.●
              While
                  exploring the LVI Claims, we will have to adhere to the requirements
                  of
                  the “Fire Protection and Suppression Regulations of Forest Practice
                  Codes”
                  of British Columbia which relates to open fires, use of stoves,
                  use of
                  explosives and what to do during forest
                  closures.
 
  -18-
  
 We
        are
        continually subject to environmental regulations by the federal and provincial
        governments of Canada. The environment is a “shared” power between the Federal
        and Provincial governments of Canada. In regard to provincial laws, we must
        provide prior notice and a description of the planned exploration work before
        commencement of the work. Work that involves mechanized activities, such
        as
        airborne geological surveys, off road vehicles and drilling, cannot commence
        until the plan has been received by the Department of Natural Resources and
        Exploration for approval. Compliance with provincial laws should not have
        a
        material adverse effect on us. However, without provincial approval, we may
        be
        unable to undertake our exploration activities on the LVI Claims.
 
 The
        Federal Government does not take an active part in environmental issues in
        the
        mining industry unless a salmon spawning river is in danger. This is not
        the
        case with the LVI Claims. Local governmental agencies do not become involved
        with environmental issues since they rely upon the Provincial Government
        to
        ensure regulations are adhered to.
 
 It
        is
        reasonable to expect that compliance with environmental regulations will
        increase our costs. Such compliance may include feasibility studies on the
        surface impact of our future exploration operations; costs associated with
        minimizing surface impact; water treatment and protection; reclamation
        activities, including rehabilitation of various sites; on-going efforts at
        alleviating the mining impact of wildlife; and permits or bonds as may be
        required to ensure our compliance with applicable regulations. It is possible
        that these costs and delays associated with such compliance could become
        so
        prohibitive that we may decide to not proceed with exploration on the LVI
        Claims.
 
 **Employees**
  Initially,
        we intend to use the services of subcontractors for manual labor exploration
        work on our claims and an engineer or geologist to manage the exploration
        program. At present, we have no employees as such although each of our officers
        and directors works for the Company on a part time basis. None of our officers
        and directors has an employment agreement with us. We presently do not have
        pension, health, annuity, insurance, profit sharing or similar benefit plans;
        however, we may adopt such plans in the future. There are presently no personal
        benefits available to any employee.
   We
        intend
        to hire geologists, engineers and other subcontractors on an as needed basis.
        We
        have not entered into negotiations or contracts with any of them although
        it is
        our intention to retain Mr. Timmins as senior geological consultant. We do
        not
        intend to initiate negotiations or hire anyone unless and until we have the
        funds necessary to commence exploration activities.
  
 CAUTIONARY
        NOTE REGARDING FORWARD LOOKING STATEMENTS
 
 Certain
        statements contained, or incorporated by reference, in this Form 10Q-SB are
        "forward-looking" statements. Forward-looking statements include statements
        that
        are predictive in nature, that depend upon or refer to future events or
        conditions, that include words such as "expects," "anticipates," "intends,"
        "plans," "believes," "estimates," or similar expressions. In addition, any
        statement concerning future financial performance (including future revenues,
        earnings or growth rates), ongoing business
  -19-
  strategies
        or prospects, and possible future actions by Loma, which may be provided
        by
        management are also forward-looking statements. Forward-looking statements
        are
        based on current expectations and projections about future events and are
        subject to risks, uncertainties, and assumptions about Loma, economic and
        market
        factors and the industries in which Loma does business, among other things.
        These statements are not guarantees of future performance and Loma has no
        specific intention to update these statements.
 
 Actual
        events and results may differ materially from those expressed or forecasted
        in
        forward-looking statements due to a number of factors. The principal important
        risk factors that could cause Loma's actual performance and future events
        and
        actions to differ materially from such forward-looking statements, include,
        but
        are not limited to, Loma's ability to raise capital, develop or explore the
        LVI
        Claims, or discover any valuable reserves at all on LVI Claims. At the present
        time, there is no assurance whatsoever that Loma will discover any commercially
        valuable reserves of any kind on LVI Claims. In such event, Loma's entire
        investment in such claim would be worthless. Other important risk factors
        include changes in laws or regulations effecting Loma or its industry, changes
        in federal income tax laws, and changes in general economic and market factors
        that affect the prices of securities or the industries in which Loma does
        business, especially those affecting the mining industry.
 
 **Risk
        Factors**
  *An
        investment in our securities involves an exceptionally high degree of risk
        and
        is extremely speculative. In addition to the other information regarding
        Loma
        contained in this Form 10Q-SB, you should consider many important factors
        in
        determining whether to purchase the shares of our company. The following
        risk
        factors reflect the potential and substantial material risks which could
        be
        involved if you decide to purchase shares in our company.*
   ***1.***
              ***Because
                  our auditors have issued a going concern opinion and because our
                  officers
                  and directors may not continue to loan money to us, we may not
                  be able to
                  achieve our objectives and may have to suspend or cease exploration
                  activity****.*
  Our
        auditors' report on our 2006 financial statements expressed an opinion that
        substantial doubt exists as to whether we can continue as an ongoing business
        for the next twelve months. Although our officers and directors have committed
        to commit to loan or advance up to $18,781 (refer to page 12) to us to finance
        our expected expenses over the next 12 months, nevertheless if we do not
        raise
        additional capital through the issuance of treasury shares, we will be unable
        to
        conduct significant exploration activity and may have to cease operations
        and go
        out of business.
   ***2.***
              ***Because
                  the probability of an individual prospect ever having reserves
                  is
                  extremely remote, in all probability our property does not contain
                  any
                  reserves, and any funds spent on exploration will be lost.***
  Because
        the probability of an individual prospect ever having ore reserves is extremely
        remote, in all probability our sole property, the LVI Claims, do not contain
        any
        reserves, and any funds spent on exploration will be lost. If we
   -20-
   cannot
        raise further funds as a result, we may have to suspend or cease operations
        entirely which would result in the loss of your investment.
   ***3.***
              ***We
                  lack an operating history and have losses which we expect to continue
                  into
                  the future. As a result, we may have to suspend or cease exploration
                  activity or cease operations.***
  We
        were
        incorporated in 2005, have not yet conducted any exploration activities and
        have
        not generated any revenues. We have an insufficient exploration history upon
        which to properly evaluate the likelihood of our future success or failure.
        Our
        net loss from inception to March 31, 2006, the date of our unaudited financial
        statements attached thereto, is $19,816. Our ability to achieve and maintain
        profitability and positive cash flow in the future is dependent
        upon
  *
              our
                  ability to locate a profitable mineral property*
              our
                  ability to locate an economic ore reserve*
              our
                  ability to generate revenues*
              our
                  ability to reduce exploration
                  costs.
  Based
        upon current plans, we expect to incur operating losses in future periods.
        This
        will happen because there are expenses associated with the research and
        exploration of our mineral property. We cannot guarantee we will be successful
        in generating revenues in the future. Failure to generate revenues will cause
        us
        to go out of business.
   ***4.***
              ***Because
                  our officers and directors do not have technical training or experience
                  in
                  starting, and operating an exploration company nor in managing
                  a public
                  company, we will have to hire qualified personnel to fulfill these
                  functions. If we lack funds to retain such personnel, or cannot
                  locate
                  qualified personnel, we may have to suspend or cease exploration
                  activity
                  or cease operations which will result in the loss of your investment.***
  Because
        our officers and directors are inexperienced with exploring for minerals
        and
        starting, and operating a mineral exploration company, we will have to hire
        qualified persons to perform surveying, exploration, and excavation of our
        property. Our officers and directors have no direct training or experience
        in
        these areas and as a result may not be fully aware of many of the specific
        requirements related to working within the industry. Their decisions and
        choices
        may not take into account standard engineering or managerial approaches,
        mineral
        exploration companies commonly use. Consequently our exploration, earnings
        and
        ultimate financial success could suffer irreparable harm due to management's
        lack of experience in this industry. Additionally, our officers and directors
        have no direct training or experience in managing and fulfilling the regulatory
        reporting obligations of a ‘public company’. Unless our three part time officers
        are willing to spend more time addressing these matters, we will have to
        hire
        professionals to undertake these filing requirements for Loma and this will
        increase the overall cost of operations. As a result we may have to suspend
        or
        cease exploration activity, or cease operations altogether, which will result
        in
        the loss of your investment.
  -21-
  
  ***5.***
              ***We
                  have no known ore reserves. Without ore reserves we cannot generate
                  income
                  and if we cannot generate income we will have to cease exploration
                  activity which will result in the loss your investment.***
  We
        have
        no known ore reserves. Even if we find gold mineralization ****** we
        cannot
        guarantee that any gold mineralization ****** will
        be
        of sufficient quantity so as to warrant recovery. Additionally, even if we
        find
        gold mineralization ****** in
        sufficient quantity to warrant recovery, we cannot guarantee that the ore
        will
        be recoverable. Finally, even if any gold mineralization ****** is
        recoverable, we cannot guarantee that this can be done at a profit. Failure
        to
        locate gold deposits in economically recoverable quantities will mean we
        cannot
        generate income. If we cannot generate income we will have to cease exploration
        activity, which will result in the loss of your investment.
   ***6.***
              ***If
                  we don't raise enough money for exploration, we will have to delay
                  exploration or go out of business, which will result in the loss
                  of your
                  investment.***
  We
        are in
        the very early pre-exploration stage. We need to raise additional capital
        to
        undertake our planned exploration activity. We estimate we have sufficient
        cash
        on hand, to continue operations for two months provided we do not carry out
        any
        of our planned exploration activity. Although our officers and directors
        have
        agreed to advance funds sufficient to enable Loma to carry out Phase I of
        our
        exploration program as well as funds necessary to cover our estimated expenses
        for the next 12 months, we will be unable to conduct significant exploration
        unless we raise additional capital. You may be investing in a company that
        will
        not have the funds necessary to conduct any significant exploration activity
        due
        to our inability to raise additional capital. If that occurs we will have
        to
        delay exploration or cease our exploration activity and go out of business
        which
        will result in the loss of your investment.
   ***7.***
              ***Because
                  we are small and do not have much capital, we must delay conduct
                  of any
                  exploration and as a result may not find an ore
                  body*****.*****Without
                  an ore body, we cannot generate revenues and you will lose your
                  investment.***
  Any
        potential development of and production from our exploration property depends
        upon the results of exploration programs and/or feasibility studies and the
        recommendations of duly qualified engineers and geologists. Because we are
        small
        and do not have much capital, we must limit our exploration activity unless
        and
        until we raise additional capital. Any decision to expand our operations
        on our
        exploration property will involve the consideration and evaluation of several
        significant factors including, but not limited to:
   
   
   
   -22-
   ●
              Costs
                  of bringing the LVI Claims into production including exploration
                  preparation of production feasibility studies, and construction
                  of
                  production facilities;●
              Availability
                  and cost of financing;●
              Ongoing
                  costs of production;●
              Market
                  prices for the minerals to be produced;●
              Environmental
                  compliance regulations and restraints; and●
              Political
                  climate and/or governmental regulations and
                  controls.
   Such
        programs will require very substantial additional funds. Because we may have
        to
        limit our exploration, we may not find an ore body, even though our property
        may
        contain mineralized material. Without an ore body, we cannot generate revenues
        and you will lose your investment.
   ***8.***
              ***We
                  may not have access to all of the supplies and materials we need
                  to begin
                  exploration which could cause us to delay or suspend exploration
                  activity.***
  Competition
        and unforeseen limited sources of supplies in the industry could result in
        occasional spot shortages of supplies, such as dynamite, and certain equipment
        such as bulldozers and excavators that we might need to conduct exploration.
        We
        have not attempted to locate or negotiate with any suppliers of products,
        equipment or materials. We will attempt to locate products, equipment and
        materials as and when we are able to raise the requisite capital. If we cannot
        find the products and equipment we need, we will have to suspend our exploration
        plans until we do find the products and equipment we need.
   ***9.***
              ***Because
                  our officers and directors have other outside business activities
                  and may
                  not be in a position to devote a majority of their time to our
                  planned
                  exploration activity, our exploration activity may be sporadic
                  which may
                  result in periodic interruptions or suspensions of
                  exploration***.
  Our
        President and CEO, will be devoting only 20% of his time, approximately 30
        hours
        per month, to our operations and business. Our CFO will be devoting
        approximately 10 hours per month to our operations and our Secretary-Treasurer
        will be devoting only approximately 10 hours per month to our operations.
        As a
        consequence our business may suffer. For example, because our officers and
        directors have other outside business activities and may not be in a position
        to
        devote a majority of their time to our planned exploration activity, such
        exploration activity may be sporadic or may be periodically interrupted or
        suspended. Such suspensions or interruptions may cause us to cease operations
        altogether and go out of business.
   -23-
   
   ***10.
        Because we may be unable to meet property maintenance requirements or acquire
        necessary mining licenses, we may lose our interest in the LVI Claims.***
  In
        order
        to maintain our interest in the LVI Claims we must make an annual payment
        and/or
        expend certain minimum amounts on the exploration of the mineral claims of
        at
        least $4,461 each year. If we fail to make such payments or expenditures
        in a
        timely fashion, we may lose our interest in the mineral claims. Further,
        even if
        we do complete exploration activities, we may not be able to obtain the
        necessary licenses to conduct mining operations on the property, and thus
        would
        realize no benefit from exploration activities on the property.
   ***11.
        Because mineral exploration and development activities are inherently risky,
        we
        may be exposed to environmental liabilities. If such an event were to occur
        it
        may result in a loss of your investment.***
  The
        business of mineral exploration and extraction involves a high degree of
        risk.
        Few properties that are explored are ultimately developed into production.
        At
        present, the LVI Claims, our sole properties, do not have a known body of
        commercial ore. Unusual or unexpected formations, formation pressures, fires,
        power outages, labour disruptions, flooding, explosions, cave-ins, landslides
        and the inability to obtain suitable or adequate machinery, equipment or
        labour
        are other risks involved in extraction operations and the conduct of exploration
        programs. We do not carry liability insurance with respect to our mineral
        exploration operations and we may become subject to liability for damage
        to life
        and property, environmental damage, cave-ins or hazards. There are also physical
        risks to the exploration personnel working in the rugged terrain of British
        Columbia, often in poor climatic conditions. Previous mining exploration
        activities may have caused environmental damage to the LVI Claims. It may
        be
        difficult or impossible to assess the extent to which such damage was caused
        by
        us or by the activities of previous operators, in which case, any indemnities
        and exemptions from liability may be ineffective. If the LVI Claims are found
        to
        have commercial quantities of ore, we would be subject to additional risks
        respecting any development and production activities. Most exploration projects
        do not result in the discovery of commercially mineable deposits of
        ore.
  ***12.
        No matter how much money is spent on the LVI Claims, the risk is that we
        might
        never identify a commercially viable ore reserve.***
 
 No
        matter
        how much money may be spent over the years on the LVI Claims, we might never
        be
        able to find a commercially viable ore reserve. Over the coming years, we
        could
        spend a great deal of money on the LVI Claims without finding anything of
        value.
        There is a high probability the LVI Claims does not contain any reserves
        so any
        funds spent on exploration will probably be lost.
 
 
 
  -24-
  
 ***13.
        Even with positive results during exploration, the LVI Claims might never
        be put
        into commercial production due to inadequate tonnage, low metal prices or
        high
        extraction costs.***
 
 We
        might
        be successful, during future exploration programs, in identifying a source
        of
        minerals of good grade but not in the quantity, the tonnage, required
 to
        make
        commercial production feasible. If the cost of extracting any minerals that
        might be found on the LVI Claims is in excess of the selling price of such
        minerals, we would not be able to develop the LVI Claims. Accordingly even
        if
        ore reserves were found on the LVI Claims, without sufficient tonnage of
        adequate grade we would still not be able to economically extract the minerals
        from the LVI Claims in which case we would have to abandon the LVI Claims
        and
        seek another mineral property to develop, or cease operations
        altogether.
   ***14.
        Because we have not put a mineral deposit into production before, we will
        have
        to acquire outside expertise. If we are unable to acquire such expertise
        we may
        be unable to put our property into production and you may lose your investment.***
  We
        have
        no experience in placing mineral deposit properties into production, and
        our
        ability to do so will be dependent upon using the services of appropriately
        experienced personnel or entering into agreements with other major resource
        companies that can provide such expertise. There can be no assurance that
        we
        will have available to us the necessary expertise when and if we place a
        mineral
        deposit into production. ******
   ***15.
        Without a public market there is no liquidity for our shares and our
        shareholders may never be able to sell their shares which would result in
        a
        total loss of their investment.*** ****
  Our
        common shares are not listed on any exchange or quotation system and do not
        have
        a market maker which results in no market for our shares. Therefore, our
        shareholders will not be able to sell their shares in an organized market
        place
        unless they sell their shares privately. If this happens, our shareholders
        might
        not receive a price per share which they might have received had there been
        a
        public market for our shares. It is our intention to apply for a quotation
        on
        the OTCBB whereby:
 
 ●
              We
                  will have to be sponsored by a participating market maker who will
                  file a
                  Form 211 on our behalf since we will not have direct access to
                  the NASD
                  personnel; and●
              We
                  will not be quoted on the OTCBB unless we are current in our periodic
                  reports; being at a minimum Forms 10K-SB and 10QSB filed with the
                  SEC or
                  other regulatory authorities.
 
 We
        cannot
        be sure we will be able to obtain a participating market maker or be approved
        for a quotation on the OTCBB. If this is the case, there will be no liquidity
        for the shares of our shareholders.
 
  -25-
  
 ***16.*******
              ***Even
                  if a market**********develops
                  for our shares our shares may be thinly traded, with wide share
                  price
                  fluctuations, low share prices and minimal
                  liquidity.***
 
 If
        a
        market for our shares develops, the share price may be volatile with wide
        fluctuations in response to several factors, including:
 
 ●
              Potential
                  investors’ anticipated feeling regarding our results of
                  operations;●
              Increased
                  competition and/or variations in mineral prices;●
              Our
                  ability or inability to generate future revenues; and●
              Market
                  perception of the future of the mineral exploration
                  industry.
 
 In
        addition, if our shares are traded on the OTCBB, our share price may be impacted
        by factors that are unrelated or disproportionate to our operating performance.
        Our share price might be affected by general economic, political and market
        conditions, such as recessions, interest rates or international currency
        fluctuations. In addition, even if our stock is approved for quotation by
        a
        market maker through the OTCBB, stocks traded over this quotation system
        are
        usually thinly traded, highly volatile and not followed by analysts. These
        factors, which are not under our control, may have a material effect on our
        share price.
 
 ***17.
        We anticipate the need to sell additional treasury share in the future meaning
        that there will be a dilution to our existing shareholders resulting in their
        percentage ownership in the Company being reduced
        accordingly.***
 
 We
        expect
        that the only way we will be able to acquire additional funds is through
        the
        sale of our common stock. This will result in a dilution effect to our
        shareholders whereby their percentage ownership interest in the Company is
        reduced. The magnitude of this dilution effect will be determined by the
        number
        of shares we will have to issue in the future to obtain the funds
        required.
 
  ***18.
        Because our securities are subject to penny stock rules, you may have difficulty
        reselling your shares*** **.**
  Our
        shares are "penny stocks" and are covered by Section 15(g) of the Securities
        Exchange Act of 1934 which imposes additional sales practice requirements
        on
        broker/dealers who sell the Company's securities including the delivery of
        a
        standardized disclosure document; disclosure and confirmation of quotation
        prices; disclosure of compensation the broker/dealer receives; and, furnishing
        monthly account statements. For sales of our securities, the broker/dealer
        must
        make a special suitability determination and receive from its customer a
        written
        agreement prior to making a sale. The imposition of the foregoing additional
        sales practices could adversely affect a shareholder's ability to dispose
        of his
        stock.
 
 
 
  -26-
  
 **ITEM
        3.**   **CONTROLS
        AND PROCEDURES**
 
 (a)  Evaluation
        of Disclosure Controls and Procedures
 
 Loma’s
        Chief Executive Officer and its Chief Financial Officer, after evaluating
        the
        effectiveness of Loma’s controls and procedures (as defined in the Securities
        Exchange Act of 1934 Rule 13a, 15(e) and 15d 15(e) at the end of the period
        covered by this quarterly report on Form 10-QSB (the “Evaluation Date”), have
        concluded that as of the Evaluation Date, Loma’s disclosure and procedures were
        adequate and effective to ensure that material information relating to it
        would
        be made known to it by others, particularly during the period in which this
        quarterly report on Form 10-QSB was being prepared.
 
 (b)  Changes
        in Internal Controls
 
 There
        were no changes in Loma’s internal controls or in other factors that could
        affect Loma’s disclosure controls and procedures subsequent to the Evaluation
        Date, nor any deficiencies or material weaknesses in such disclosure controls
        and procedures requiring corrective actions.
 
 **PART
        11 - OTHER INFORMATION**
 
 **ITEM
        1.**   **LEGAL
        PROCEEDINGS**
 
 There
        are
        no legal proceedings to which Loma is a party or to which the LVI Claims
        are
        subject, nor to the best of management’s knowledge are any material legal
        proceedings contemplated.
 
 **ITEM
        2.**   **CHANGES
        IN SECURITIES AND USE OF PROCEEDS**
 
 None
 
 **ITEM
        3.**   **DEFAULTS
        UPON SENIOR SECURITIES**
 
 None
 
 **ITEM
        4.**   **SUBMISSION
        OF MATTERS TO A VOTE OF SECURITY HOLDERS**
 
 Loma
        has
        not had a meeting of stockholders since its inception.
 
 **ITEM
        5.**   **OTHER
        INFORMATION**
 
 None
 
 
 
 
  -27-
  
 **ITEM
        6.**   **EXHIBITS
        AND REPORTS ON FORM 8-K**
 
 (a)  Exhibits
 
 1.  Certificate
        of Incorporation, Articles of Incorporation and By-laws
 
 1.1
              Certificate
                  of Incorporation (incorporated by reference from Loma’s Registration
                  Statement on Form SB-2 filed on May 1,
                  2006)
 
 1.2
              Articles
                  of Incorporation (incorporated by reference from Loma’s Registration
                  Statement on Form SB-2 filed on May 1,
                  2006)
 
 1.3
              By-laws
                  (incorporated by reference from Loma’s Registration Statement on Form SB-2
                  filed on May 1, 2006)
 
 99.1
              Certification
                  of the Chief Executive Officer Pursuant to Section 906 of the
                  Sarbanes-Oxley Act of 2002
 
 99.2
              Certificate
                  Pursuant to 18 U.S.C Section 1350 signed by the Chief Executive
                  Officer
 
 99.3
              Certification
                  of the Chief Financial Officer Pursuant to Section 906 of the
                  Sarbanes-Oxley Act of 2002
 
 99.4
              Certificate
                  Pursuant to 18 U.S.C. Section 1350 signed by the Chief Financial
                  Officer
 
 (b)  Reports
        on Form 8-K
 
 None
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  -28-
  
 
 
 
 **SIGNATURES**
 
 
 In
        accordance with the requirements of the Exchange Act, the registrant caused
        this
        report to be signed on its behalf by the undersigned, thereunto duly
        authorized.
 
 
 Dated: 
        May 30, 2006
 
 
 **LOMA
        VERDE INC.**
 (Registrant)
 
 
 PETER
        HILL
 Peter
        Hill
 Chief
        Executive Officer
 President
        and Director
 
  
 VIRGILIO
        SANTANA
 Virgilio
        Santana
 Chief
        Financial Officer
 Chief
        Accounting Officer
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  -29-