---

UNITED STATESSECURITIES AND EXCHANGE COMMISSIONWashington, D.C.
20549

Form 10-Q /A Amendment #1

(Mark One)

[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended March 31, 2011 or

[ ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

For the transition period from ________________ to
________________

Commission File Number 000-53998

CORONADO CORP.(Exact name
of registrant as specified in its charter)

|Nevada                                                               | N/A                              
|-------------------------------------------------------------------- | ---------------------------------
|(State or other jurisdiction of incorporation or
      organization) | (IRS Employer Identification No.)

|518 17th Street, Suite 1000, Denver, Colorado | 80202     
|--------------------------------------------- | ----------
|(Address of principal executive offices)      | (Zip Code)

303.623.1440(Registrants telephone number,
including area code)

N/A(Former name, former address and former
fiscal year, if changed since last report)

Indicate by check mark whether the registrant (1) has filed all
reports required to be filed by Section 13 or 15(d) of the Securities Exchange
Act of 1934 during the preceding 12 months (or 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.[ X ] YES [ ] NO

Indicate by check mark whether the registrant is a large
accelerated filer, an accelerated filer, a non-accelerated filer, or a small
reporting company. See the definitions of large accelerated filer,
accelerated filer and smaller reporting company in Rule 12b-2 of the
Exchange Act

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


Indicate by check mark whether the registrant is a shell company
(as defined in Rule 12b-2 of the Exchange Act[ ] YES [ X ] NO

Indicate by check mark whether the registrant has submitted
electronically and posted on its corporate Web site, if any, every Interactive
Data File required to be submitted and posted pursuant to Rule 405 of Regulation
S-T (§232.405 of this chapter) during the preceding 12 months (or for such
shorter period that the registrant was required to submit and post such
files).[ ] YES [ ] NO

APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS
DURING THE PRECEDING FIVE YEARS

Check whether the registrant has filed all documents and reports
required to be filed by Sections 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

Indicate the number of shares outstanding of each of the
issuers classes of common stock, as of the latest practicable date. 5,000,000
common shares issued and outstanding as of May 16 , 2011

---

PART 1  FINANCIAL INFORMATION

Item 1. Financial Statements.

Our unaudited interim consolidated financial statements for the
three month period ended March 31, 2011 form part of this quarterly report. They
are stated in United States Dollars (US$) and are prepared in accordance with
United States generally accepted accounting principles.

---

CORONADO CORP.

(A Development Stage Company)

INTERIM FINANCIAL STATEMENTS

MARCH 31, 2011

(Unaudited)

---

CORONADO CORP.(A Development Stage
Company)

INDEX TO INTERIM FINANCIAL STATEMENTS

FOR THE PERIOD OF JANUARY 9, 2006 (INCEPTION) TO MARCH 31,
2011

|                                                                                                                                                                                     |  | Page(s)
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ |  | -------
|Balance
        Sheets at March 31, 2011(Unaudited) and December 31, 2010                                                                                                            |  | F-1    
|Statements of Operations
        for the three months ended March 31, 2011 and 2010, and the cumulative
        totals from January 9, 2006 (Inception) to March 31, 2011(Unaudited) |  | F-2    
|Statements
        of Cash Flows for the three months ended March 31, 2011 and 2010, and
        cumulative totals from January 9, 2006 (Inception) to March 31, 2011 (Unaudited)    |  | F-3    
|Notes to Interim Financial
        Statements (Unaudited)                                                                                                                            |  | F-4    

---

|Coronado Corp                
|-----------------------------
|(A Development Stage Company)
|Balance Sheets               
|(Unaudited)                  

|ASSETS                                                                                    |  
|----------------------------------------------------------------------------------------- | -
|                                                                                          |  
|                                                                                          |  
|                                                                                          |  
|                                                                                          |  
|CURRENT ASSETS                                                                            |  
|Cash and cash
      equivalents                                                           | $
|TOTAL ASSETS                                                                              | $
|                                                                                          |  
|                                                                                          |  
|                                                                                          |  
|LIABILITIES AND
      STOCKHOLDERS' DEFICIT                                               |  
|                                                                                          |  
|CURRENT LIABILITIES                                                                       |  
|Accounts payable
      and accrued liabilities                                            |  
|Due to related parties                                                                    |  
|Accrued interest
      to related parties                                                 |  
|Total current liabilities                                                                 |  
|                                                                                          |  
|Commitment                                                                                |  
|                                                                                          |  
|STOCKHOLDERS' DEFICIT                                                                     |  
|Capital Stock                                                                             |  
|Authorized:
      
                    
      100,000,000 common shares, $0.001 par value |  
|Issued and outstanding shares:
      
                     
      5,000,000 common shares |  
|Additional paid-in capital                                                                |  
|Deficit
      accumulated during the development stage                                    |  
|Total Stockholders Deficit                                                               |  
|                                                                                          |  
|TOTAL LIABILITIES AND STOCKHOLDERS'
      DEFICIT                                         | $

The accompanying notes are an integral part of these unaudited
financial statements.

F-1

---

|Coronado Corp.               
|-----------------------------
|(A Development Stage Company)
|Statements of Operations     
|(Unaudited)                  

|                                                           |   |              |   |   |              |   |   | Cumulative      |  
|---------------------------------------------------------- | - | ------------ | - | - | ------------ | - | - | --------------- | -
|                                                           |   | For the      |   |   | For the      |   |   | from            |  
|                                                           |   | Three Months |   |   | Three Months |   |   | January 9, 2006 |  
|                                                           |   | Ended        |   |   | Ended        |   |   | (Inception)     |  
|                                                           |   | March 31,    |   |   | March 31,    |   |   | to March 31,    |  
|                                                           |   | 2011         |   |   | 2010         |   |   | 2011            |  
|                                                           |   |              |   |   |              |   |   |                 |  
|                                                           |   |              |   |   |              |   |   |                 |  
|                                                           |   |              |   |   |              |   |   |                 |  
|EXPENSES:                                                  |   |              |   |   |              |   |   |                 |  
|Professional fees                                          | $ | 8,266        |   | $ | 36,600       |   | $ | 180,073         |  
|Depreciation and amortization                              |   | -            |   |   | -            |   |   | 22,170          |  
|General and
      administrative                           |   | 4,441        |   |   | 210          |   |   | 41,674          |  
|Total operating expenses                                   |   | 12,707       |   |   | 36,810       |   |   | 243,917         |  
|                                                           |   |              |   |   |              |   |   |                 |  
|Other Expense (Income)                                     |   |              |   |   |              |   |   |                 |  
|Gain on forgiveness of
      debt                          |   | -            |   |   | -            |   |   | (5,000          | )
|Interest
      expense related parties                     |   | 10,320       |   |   | 8,219        |   |   | 48,924          |  
|Loss/(gain) on foreign
      exchange                      |   | 506          |   |   | (244         | ) |   | 1,136           |  
|Loss on
      exploration advance                          |   | -            |   |   | -            |   |   | 325,000         |  
|Loss on disposition of
      subsidiary                    |   | -            |   |   | -            |   |   | 3,085           |  
|                                                           |   |              |   |   |              |   |   |                 |  
|Net (Loss) before Income Taxes                             |   | (23,533      | ) |   | (44,785      | ) |   | (617,062        | )
|                                                           |   |              |   |   |              |   |   |                 |  
|Provision for Income Taxes                                 |   | -            |   |   | -            |   |   | -               |  
|                                                           |   |              |   |   |              |   |   |                 |  
|Net (Loss)                                                 | $ | (23,533      | ) | $ | (44,785      | ) | $ | (617,062        | )
|                                                           |   |              |   |   |              |   |   |                 |  
|                                                           |   |              |   |   |              |   |   |                 |  
|PER SHARE DATA:                                            |   |              |   |   |              |   |   |                 |  
|                                                           |   |              |   |   |              |   |   |                 |  
|Basic
      and diluted loss per common share              | $ | (0.00        | ) | $ | (0.01        | ) |   |                 |  
|                                                           |   |              |   |   |              |   |   |                 |  
|Weighted
      average number of common shares outstanding |   | 5,000,000    |   |   | 5,175,000    |   |   |                 |  

The accompanying notes are an integral part of these unaudited
financial statements.

F-2

---

|Coronado Corp.               
|-----------------------------
|(A Development Stage Company)
|Statements of Cash Flows     
|(Unaudited)                  

|                                                                             |   |              |   |   |              |   |   | Cumulative      |  
|---------------------------------------------------------------------------- | - | ------------ | - | - | ------------ | - | - | --------------- | -
|                                                                             |   | For the      |   |   | For the      |   |   | from            |  
|                                                                             |   | Three Months |   |   | Three Months |   |   | January 9, 2006 |  
|                                                                             |   | Ended        |   |   | Ended        |   |   | (Inception)     |  
|                                                                             |   | March 31,    |   |   | March 31,    |   |   | to March 31,    |  
|                                                                             |   | 2011         |   |   | 2010         |   |   | 2011            |  
|                                                                             |   |              |   |   |              |   |   |                 |  
|OPERATING ACTIVITIES                                                         |   |              |   |   |              |   |   |                 |  
|Net Loss                                                                     | $ | (23,533      | ) | $ | (44,785      | ) | $ | (617,062        | )
|                                                                             |   |              |   |   |              |   |   |                 |  
|Adjustment
      to Reconcile Net Loss to Cash Used in Operating Activities: |   |              |   |   |              |   |   |                 |  
|Depreciation and amortization                                                |   | -            |   |   | -            |   |   | 22,170          |  
|Loss
      on exploration advance                                            |   | -            |   |   | -            |   |   | 325,000         |  
|Loss on disposition of subsidiary                                            |   | -            |   |   | -            |   |   | 3,085           |  
|Changes in Operating
      Assets and Liabilities:                           |   |              |   |   |              |   |   |                 |  
|Increase (decrease) in accounts payable and accrued liabilities              |   | 8,056        |   |   | 18,373       |   |   | 27,610          |  
|Increase (decrease) in due to related parties                                |   | -            |   |   | 7,598        |   |   | -               |  
|Increase (decrease) in accrued interest to related parties                   |   | 10,320       |   |   | 8,220        |   |   | 48,924          |  
|Net cash used in
      operating activities                                  |   | (5,157       | ) |   | (10,594      | ) |   | (190,273        | )
|INVESTING ACTIVITIES                                                         |   |              |   |   |              |   |   |                 |  
|Leasehold improvements                                                       |   | -            |   |   | -            |   |   | (16,243         | )
|Machinery
      and equipment                                                |   | -            |   |   | -            |   |   | (16,935         | )
|Goodwill                                                                     |   | -            |   |   | -            |   |   | (577            | )
|Net cash
      used in investing activities                                  |   | -            |   |   | -            |   |   | (33,755         | )
|FINANCING ACTIVITIES                                                         |   |              |   |   |              |   |   |                 |  
|Notes
      payable  related parties                                        |   | -            |   |   | -            |   |   | 8,500           |  
|Promissory notes 
      related parties                                     |   | 5,000        |   |   | 38,000       |   |   | 101,074         |  
|Common
      stock issued for cash                                           |   | -            |   |   | -            |   |   | 114,454         |  
|Net cash provided by
      financing activities                              |   | 5,000        |   |   | 38,000       |   |   | 224,028         |  
|INCREASE (DECREASE) IN CASH AND CASH                                         |   |              |   |   |              |   |   |                 |  
|EQUIVALENTS                                                                  |   | (157         | ) |   | 27,406       |   |   | -               |  
|CASH AND CASH EQUIVALENTS AT BEGINNING OF                                    |   |              |   |   |              |   |   |                 |  
|PERIOD                                                                       |   | 157          |   |   | 1,345        |   |   | -               |  
|                                                                             |   |              |   |   |              |   |   |                 |  
|CASH AND CASH EQUIVALENTS AT END OF PERIOD                                   | $ | -            |   | $ | 28,751       |   | $ | -               |  
|Supplemental Cash Flow Disclosures:                                          |   |              |   |   |              |   |   |                 |  
|Cash paid for:                                                               |   |              |   |   |              |   |   |                 |  
|Interest expense                                                             | $ | -            |   | $ | -            |   | $ | -               |  
|Income taxes                                                                 | $ | -            |   | $ | -            |   | $ | -               |  
|Non-Cash Financing and Investing
      Activities:                           |   |              |   |   |              |   |   |                 |  
|Exploration advance paid
      by related parties                            | $ | -            |   | $ | -            |   | $ | (325,000        | )
|Notes payable
       related parties cancelled on disposition of subsidiary | $ | -            |   | $ | -            |   | $ | 8,500           |  

The accompanying notes are an integral part of these unaudited
financial statements.

F-3

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|Coronado Corp.                       
|-------------------------------------
|(A Development Stage Company)        
|Notes to Interim Financial Statements

|1. | Basis of Presentation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      
|-- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|   | The accompanying unaudited interim financial statements
      of Coronado Corp. (the Company), have been prepared in accordance with
      accounting principles generally accepted in the United States of America
      and the rules of the Securities and Exchange Commission, and should be
      read in conjunction with the audited financial statements and notes
      thereto contained in the Companys Annual Report filed with the SEC on
      Form 10-K. In the opinion of management, all adjustments, consisting of
      normal recurring adjustments, necessary for a fair presentation of
      financial position and the results of operations for the interim periods
      presented have been reflected herein. The results of operations for
      interim periods are not necessarily indicative of the results to be
      expected for future quarters or for the full year. Notes to the financial
      statements which substantially duplicate the disclosure contained in the
      audited financial statements for fiscal 2010 as reported in the Form 10-K
      have been omitted.
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|2. | Going Concern                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|   | The accompanying financial statements have been prepared
      assuming that the Company will continue as a going concern, which
      contemplates, among other things, the realization of assets and
      satisfaction of liabilities in the normal course of business. As of March
      31, 2011, the Company has accumulated losses of $617,062 since inception,
      has a working capital deficiency of $502,608 and has earned no revenues
      since inception. The Company intends to fund operations through equity
      financing arrangements, which may be insufficient to fund its capital
      expenditures, working capital and other cash requirements for the year
      ending December 31, 2011.                                                                                                                                                                                                                                                                                                                                                                                                 
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|   | The ability of the Company to emerge from the development
      stage is dependent upon, among other things, obtaining additional
      financing to continue operations, and development of its business plan.
      Management intends to raise additional funds through public or private
      placement offerings. These factors, among others, raise substantial doubt
      about the Companys ability to continue as a going concern. The
      accompanying financial statements do not include any adjustments that
      might result from the outcome of this uncertainty.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|3. | Recent Accounting Pronouncements                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|   | The Company has evaluated all the recent accounting
      pronouncements through the filing date and believes that none of them will
      have a material effect on the Company.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|4. | Capital Stock                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|   | Share Issuances                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|   | Since inception, January 9, 2006, the Company has issued
      75,000 shares, 3,000,000 shares, and 2,100,000 shares of common stock at
      approximately $0.006, $0.01, and $0.04 per share respectively, resulting
      in total proceeds of $114,454.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|   | On March 4, 2010, the Company cancelled 175,000 common
      shares for no consideration. These shares were owned by former
      shareholders and were cancelled as a result of the management change in
      December 2009.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             

F-4

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|Coronado Corp.                       
|-------------------------------------
|(A Development Stage Company)        
|Notes to Interim Financial Statements

|5. | Notes Payable  Related Parties                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
|-- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
|   | As of March 31, 2011 and December 31, 2010, the Company
      is indebted to a privately held company owned and controlled by the
      Companys president in the amount of $162,500, and to another shareholder
      in the amount of $162,500. The amounts bear 10% annual interest and are
      unsecured and have no terms of repayment. As at March 31, 2011, $41,849
      (December 31, 2010, $33,854) in accrued interest has been recorded. Refer
      to Note 6.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
|   | During the three months ended March 31, 2011 the company
      issued a promissory note to one of its shareholders in the amount of
      $5,000. As of March 31, 2011, the Company is indebted to shareholders in
      the amount of $95,000 (December 31, 2010 - $90,000). The amounts bear 10%
      annual interest, are unsecured and have maturity dates as follows: $40,000
      matured on December 31, 2010, $50,000 matures on June 30, 2011 and $5,000
      matures on January 13, 2012. As of March 31, 2011, $7,074 (December 31,
      2010, $4,750) in accrued interest has been recorded. The note holders of
      the $40,000 have agreed to extend the notes maturity date, subject to
      interest continuing to accrue, while a project of merit continues to be
      pursued, and/or an alternate liquidation plan is found for the
    company.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
|   | As of March 31, 2011 and December 31, 2010, the Company
      is indebted to various shareholders in the amount of $6,074, net of
      repayments during the period. The amounts are unsecured, non-interest
      bearing and have no terms of repayment.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
|6. | Contingencies and commitments                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
|   | On March 1, 2010 the Company engaged FIG Partners LLC of
      Atlanta Georgia (FIG) to provide advisory services and act on a best
      efforts basis as the Companys exclusive placement agent in connection
      with a debt/equity financing relating to the Alaska oil and gas project
      described in Note 6. A non-refundable retainer of $12,500 was advanced on
      behalf of the company by D. Sharpe Management Inc., a privately held
      company owned and controlled by our president. The engagement agreement
      provided for a further $12,500 to be advanced on March 15, 2010 but this
      amount will not be paid. The Company has agreed to pay FIG a fee equal to
      6% of the principal value of securities sold by the Company, plus five
      year term warrants to purchase common stock in the Company equal to 6% of
      the principal value of the equity offering, or, in the event of non-equity
      securities being issued by the Company, five year term warrants with a
      strike price equal to the 30-day Volume Weighted Average Price on the day
      of closing the offering, or $0.50, whichever is greater. As of the date of
      these financial statements, no warrants have been issued as no successful
      financing has been obtained. Retainer amounts advanced to FIG will be
      applied against the placement fee due upon completion of any capital
      raised for the Company by FIG.
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
|7. | Subsequent Event                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
|   | Between April 15 and 19, 2011, the Company received a
      total of $15,000 from various shareholders in the form of shareholder
      loans bearing interest at 10%, unsecured and maturing on April 18,
      2012.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        

F-5

---

|Item 2. | Managements Discussion and Analysis of
      Financial Condition and Results of Operations
|------- | -------------------------------------------------------------------------------------------

Forward-Looking Statements

This quarterly report contains forward-looking statements.
These statements relate to future events or our future financial performance. In
some cases, you can identify forward-looking statements by terminology such as
may, should, expects, plans, anticipates, believes, estimates,
predicts, potential or continue or the negative of these terms or other
comparable terminology. These statements are only predictions and involve known
and unknown risks, uncertainties and other factors, including the risks in the
section entitled Risk Factors, that may cause our or our industrys actual
results, levels of activity, performance or achievements to be materially
different from any future results, levels of activity, performance or
achievements expressed or implied by these forward-looking statements.

Although we believe that the expectations reflected in the
forward-looking statements are reasonable, we cannot guarantee future results,
levels of activity, performance or achievements. Except as required by
applicable law, including the securities laws of the United States, we do not
intend to update any of the forward-looking statements to conform these
statements to actual results.

Our financial statements are stated in United States Dollars
(US$) and are prepared in accordance with United States Generally Accepted
Accounting Principles.

In this quarterly report, unless otherwise specified, all
dollar amounts are expressed in United States dollars and all references to
common shares refer to the common shares in our capital stock.

As used in this current report and unless otherwise indicated,
the terms "we", "us", "our", our company and "Coronado" mean Coronado Corp.,
unless otherwise indicated.

General Overview

We were incorporated in the State of Nevada on January 9, 2006.
Our principal place of business and corporate offices are located at 518
17thStreet, Suite 1000, Denver Colorado, and our telephone number is
303 623 1440. Management has chosen to research opportunities in different
industry sectors with a focus on the resource sector. The anticipation is this
research will lead to an acquisition in some form or manner. Our fiscal year end
is December 31st. Our authorized capital consists of 100,000,000 shares of
common stock, $0.001 par value and 200,000,000 shares of preferred stock, $0.001
par value.

On December 16, 2009, our company entered into a Letter
Agreement with an oil and gas operator, pursuant to which we would participate
for a 15% working interest in a 26,000 acre unit project in Alaska, which was a
farm-out from BP Exploration (Alaska) Inc. Consideration for the assignment of
the interest in the project would primarily consist of our company funding
certain costs in regards to a 2009-2010 winter drilling program and a 15% share
of the costs to restart the local processing plant. A deposit of $325,000
pending BP Explorations consent to the proposed assignment to Coronado Corp.
was posted to secure the Letter Agreement on behalf of the company, funded in
equal amounts of $162,500 each by D. Sharpe Management Inc., a privately held
company owned and controlled by our president, and by Michael Bodino, a company
shareholder. BP Explorations consent to the assignment was granted on January
12, 2010.

Due to the severe timing restrictions involved, we were unable
to secure funding as required to participate in the project, and the Letter
Agreement and obligations pursuant to the agreement expired on January 15, 2010,
thus terminating the agreement with the oil and gas operator. With the expiry of
the Letter Agreement our company has expensed the $325,000 deposit. Management
continues to research other potential resource opportunities.

Our company has sustained losses since inception, January 9,
2006, to March 31, 2011, of $617,062 and relies solely upon the sale of
securities and loans from corporate officers and directors for funding.

3

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Our Current Business

We are engaged in the business of exploration and development
of oil and gas properties. Over the next twelve months we intend to secure a
project of merit within the resource sector and commence with further
development of the project.

Cash Requirements

Our plan over the next 12 months is to research projects of
merit principally within the resource sector. We anticipate that this research
will ultimately lead to a potential acquisition in some form or manner. In order
to carry out our plans we will require the matching funding to cover acquisition
costs, working capital, and any other related or ongoing expenditures until
sufficient revenue is generated to sustain operations.

On December 16, 2009, our company entered into a Letter
Agreement with an oil and gas operator, pursuant to which we would participate
for a 15% working interest in a 26,000 acre unit project in Alaska, which was a
farm-out from BP Exploration (Alaska) Inc. Consideration for the assignment of
the interest in the project would primarily consist of our company funding
certain costs in regards to a 2009-2010 winter drilling program and a 15% share
of the costs to restart the local processing plant. A deposit of $325,000
pending BP Explorations consent to the proposed assignment to Coronado Corp.
was posted to secure the Letter Agreement on behalf of our company, funded in
equal amounts of $162,500 each by D. Sharpe Management Inc., a privately held
company owned and controlled by our president, and by Michael Bodino, a company
shareholder. BP Explorations consent to the assignment was granted on January
12, 2010.

Due to the severe timing restrictions involved, we were unable
to secure funding as required to participate in the project, and the Letter
Agreement and obligations pursuant to the agreement expired on January 15, 2010,
thus terminating the agreement with the oil and gas operator. Our company
continues to pursue this opportunity with the operator in attempts to secure
some manner of participation in their Alaska project. With the expiry of the
Letter Agreement and some doubt of further negotiations ending favorably, our
company has expensed the $325,000 deposit and recorded it within the period
ending December 31, 2009.

On March 1, 2010 we engaged FIG Partners LLC of Atlanta Georgia
(FIG) to provide advisory services and act on a best efforts basis as our
companys exclusive placement agent in connection with a debt/equity financing
relating to the Alaska oil and gas project described above. A non-refundable
retainer of $12,500 was advanced on behalf of our company by D. Sharpe
Management Inc., a privately held company owned and controlled by our president.
The engagement agreement provided for a further $12,500 to be advanced on March
15, 2010 but this has not yet been paid. Our company has agreed to pay FIG a fee
equal to 6% of the principal value of securities sold by our company, plus five
year term warrants to purchase common stock in our company equal to 6% of the
principal value of the equity offering, or, in the event of non-equity
securities being issued by our company, five year term warrants with a strike
price equal to the 30-day Volume Weighted Average Price on the day of closing
the offering, or $0.50, whichever is greater. As of the date of this report, no
warrants have been issued as no successful financing has been obtained. Retainer
amounts advanced to FIG will be applied against the placement fee due upon
completion of any capital raised for our company by FIG. If we are unsuccessful
with this Alaska project we intend to research other potential resource
opportunities elsewhere.

In order to proceed with our plans and to fund overhead and
administration expenses, effective March 1, 2010, shareholders of our company
advanced approximately $38,000 in loans bearing 10% annual interest, which have
been secured by promissory notes.

If we are unable to generate enough revenue to stay in business
or run out of cash, we will have to find alternative sources for money, be it a
public offering, a private placement of securities or loans from our officers or
others, and/or other sources or methods of financing. Equity financing could
result in additional dilution to existing shareholders. If we are unable to meet
our needs for cash, then we may be unable to continue, develop, or expand our
activities or operations.

4

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While the officers and directors have generally indicated a
willingness to provide services and financial contributions if necessary, there
are presently no agreements, arrangements, commitments, or specific
understandings, either verbally or in writing, between the officers and
directors and Coronado Corp.

If we are unable to pay for our expenses because we do not have
enough money, we will cease operations until we raise more money. If we cannot
or do not raise more money, we will be forced to cease operations.

We have no present plans to purchase or sell any plant or
significant equipment. We also have no present plans to add employees although
we may do so in the future if we engage in any merger or acquisition
transactions.

Coronado Corp. has never declared bankruptcy, been in
receivership, or been involved in any kind of legal proceeding.

Assuming maintenance of our current operations and the
investigation of possible acquisitions, over the next twelve months we expect to
expend funds as follows:

Estimated Net Expenditures During the Next Twelve
Months

$General, Administrative, and Corporate
      Expenses
    
    175,000Contingencies and Other
    
    25,000Total
    
    200,000


We have suffered recurring losses from operations. The
continuation of our company is dependent upon our company attaining and
maintaining profitable operations and raising additional capital as needed.

The continuation of our business is dependent upon obtaining
further financing, a successful program of exploration and/or development, and,
finally, achieving a profitable level of operations. The issuance of additional
equity securities by us could result in a significant dilution in the equity
interests of our current stockholders. Obtaining commercial loans, assuming
those loans would be available, will increase our liabilities and future cash
commitments.

There are no assurances that we will be able to obtain further
funds required for our continued operations. As noted herein, we are pursuing
various financing alternatives to meet our immediate and long-term financial
requirements. There can be no assurance that additional financing will be
available to us when needed or, if available, that it can be obtained on
commercially reasonable terms. If we are not able to obtain the additional
financing on a timely basis, we will be unable to conduct our operations as
planned, and we will not be able to meet our other obligations as they become
due. In such event, we will be forced to scale down or perhaps even cease our
operations.

Employees

Currently our only employees are our directors and officers.
Our officers and directors are donating their time to the development of our
company and intend to do whatever work is necessary in order to bring us to the
point of being able to implement our business plan.

Off-Balance Sheet Arrangements

We have no off-balance sheet arrangements that have or are
reasonably likely to have a current or future effect on our financial condition,
changes in financial condition, revenues or expenses, results of operations,
liquidity, capital expenditures or capital resources that is material to
stockholders.

5

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Critical Accounting Policies

The discussion and analysis of our financial condition and
results of operations are based upon our financial statements, which have been
prepared in accordance with the accounting principles generally accepted in the
United States of America. Preparing financial statements requires management to
make estimates and assumptions that affect the reported amounts of assets,
liabilities, revenue, and expenses. These estimates and assumptions are affected
by managements application of accounting policies. We believe that
understanding the basis and nature of the estimates and assumptions involved
with the following aspects of our financial statements is critical to an
understanding of our financial statements.

Going Concern

As of March 31, 2011, our company has accumulated losses of
$617,062 since inception, has a working capital deficiency of $502,608 and has
earned no revenues since inception. Our company intends to fund operations
through equity financing arrangements, which may be insufficient to fund its
capital expenditures, working capital and other cash requirements for the next
twelve months ending March 31, 2012. The ability of our company to emerge from
the development stage is dependent upon, among other things, obtaining
additional financing to continue operations, and development of its business
plan. In response to these problems, management intends to raise additional
funds through public or private placement offerings. These factors, among
others, raise substantial doubt about our companys ability to continue as a
going concern. The accompanying financial statements do not include any
adjustments that might result from the outcome of this uncertainty.

Results of Operations  Three Months Ended March 31, 2011
and Three Months Ended March 31, 2010

The following summary of our results of operations should be
read in conjunction with our financial statements for the quarter ended March
31, 2011, which are included herein.

Our operating results for the three months ended March 31,
2011, for the three months ended March 31, 2010 and the changes between those
periods for the respective items are summarized as follows:

Three Months Ended
      March 31, 2011
    
    Three Months Ended
      March 31, 2010
    
    Change Between Three Month
      Period Ended March 31, 2010 and March 31,
      2009Revenue
    $
    Nil
    $
    Nil
    $
    NilDepreciation and amortization
    
    Nil
    
    Nil
    
    NilFinancing Costs
    
    Nil
    
    25,000
    
    (25,000 )General and administrative
    
    4,441
    
    210
    
    4,231Interest Expense
    
    10,320
    
    8,219
    
    2,101Professional fees
    
    8,266
    
    11,600
    
    (3,334 )Loss on exploration advance
    
    Nil
    
    Nil
    
    NilLoss on disposition of subsidiary
    
    Nil
    
    Nil
    
    NilOther expenses
    
    506
    
    (244)
    
    750Net (Loss)
    $
    (23,533 )
    
    (44,785 )
    
    21,252


Our accumulated losses increased to $617,062 as of March 31,
2011. Our financial statements report a net loss of $23,533 for the three month
period ended March 31, 2011 compared to a net loss of $44,785 for the three
month period ended March 31, 2010. Our losses have decreased primarily as a
result of a decrease in professional fees of $3,334 for the three month period
ending March 31, 2011 and a decrease in financing costs of $25,000 for the three
month period ended March 31, 2011.

Our total liabilities as of March 31, 2011 were $502,608 as
compared to total liabilities of $406,991 as of March 31, 2010. The increase was
due to increases in accounts payable and accrued liabilities and amounts due to
related parties, including accrued interest to related parties.

6

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Liquidity and Financial Condition

Working Capital

|                          |   | At        |   |  | At           |  
|------------------------- | - | --------- | - |  | ------------ | -
|                          |   | March 31, |   |  | December 31, |  
|                          |   | 2011      |   |  | 2010         |  
|Current assets            | $ | Nil       |   |  | 157          |  
|Current liabilities       |   | (502,608  | ) |  | (479,232     | )
|Working capital (deficit) | $ | (502,608  | ) |  | (479,075     | )

Cash Flows

|                                                            |   | At             |   |  | At        |  
|----------------------------------------------------------- | - | -------------- | - |  | --------- | -
|                                                            |   | March          |   |  | March 31, |  
|                                                            |   | 31,
      2011 |   |  | 2010      |  
|Cash flows provided by (used in) operating
      activities | $ | (5,157         | ) |  | (10,594   | )
|Cash flows provided by (used in) investing activities       |   | Nil            |   |  | Nil       |  
|Cash flows provided by (used in) financing
      activities |   | 5,000          |   |  | 38,000    |  
|Effect of exchange rate changes on cash                     |   | Nil            |   |  | Nil       |  
|Net increase (decrease) in cash during
      period         | $ | (157           | ) |  | 27,406    |  

Operating Activities

Net cash used by operating activities was $5,157 in the three
months ended March 31, 2011 compared with net cash used in operating activities
of $10,594 in the three months ended March 31, 2010. The decrease in use of cash
of $5,437 in operating activities is mainly attributable to the decrease in
professional fees and financing costs during the three month period ended March
31, 2011, offset by an increase in interest expense and general and
administrative costs.

Investing Activities

Net cash used in investing activities was $Nil in the three
months ended March 31, 2011 compared to net cash used in investing activities of
$Nil in the three months ended March 31, 2010.

Financing Activities

Net cash provided by financing activities was $5,000 in the
three months ended March 31, 2011 compared to $38,000 provided by financing
activities in the three months ended March 31, 2010, due to receipt of
shareholder loans during both the three month periods ended March 31, 2011 and
2010.

Item 4. Controls and Procedures.

Disclosure Controls and Procedures

We maintain disclosure controls and procedures that are
designed to ensure that information required to be disclosed in our reports
filed under the Securities Exchange Act of 1934, as amended, is recorded,
processed, summarized and reported within the time periods specified in the
Securities and Exchange Commission's rules and forms, and that such information
is accumulated and communicated to our management, including our president (who
is acting as our principal executive officer, principal financial officer and
principal accounting officer) to allow for timely decisions regarding required
disclosure.

As of March 31, 2011, the end of the quarter covered by this
report, we carried out an evaluation, under the supervision and with the
participation of our president (who is acting as our principal executive
officer, principal financial officer and principal accounting officer), of the
effectiveness of the design and operation of our disclosure controls and
procedures. Based on the foregoing, our president (who is acting as our
principal executive officer, principal financial officer and principal
accounting officer) believes that our disclosure controls and procedures were
effective as of the end of the period covered by this quarterly report in
providing reasonable assurance regarding the reliability of financial reporting
and the preparation of financial statements for external purposes in
accordances with US generally accepted accounting principles.

7

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Changes in Internal Control over Financial
Reporting

There have been no changes in our internal controls over
financial reporting that occurred during our quarter ended March 31, 2011 that
have materially or are reasonably likely to materially affect, our internal
controls over financial reporting.

PART II

OTHER INFORMATION

Item 1. Legal Proceedings

We know of no material, existing or pending legal proceedings
against us, nor are we involved as a plaintiff in any material proceeding or
pending litigation. There are no proceedings in which any of our directors,
officers or affiliates, or any registered or beneficial shareholder, is an
adverse party or has a material interest adverse to our company.

Item 1A. Risk Factors

Our business operations are subject to a number of risks and
uncertainties, including, but not limited to those set forth below:

We are a start-up company with a lack of operating history
and profitability. Our company has incurred losses since inception, and we
expect those losses to continue in the future. As a result, we may have to
suspend or cease operations.

We were incorporated on January 9, 2006, and we have not
started any business operations nor realized any revenues. We have no operating
history upon which an evaluation of our future success or failure can be made.
As a result, it is possible that we may not generate any revenues in the future.
Since inception, to March 31, 2011, our company has incurred a net loss of
$617,062.

In order to generate revenue, we are dependent on our ability
to find a project within our new focus area, the resource sector, and at some
point develop this project to the point of production and sales.

Based upon current plans, we expect operating losses in future
periods. If we do not generate enough future revenues to cover our expenses
before the business has become profitable, we would have to suspend or cease
operations and you could lose your investment.

Because our company. is a small company and does not have
much capital, if we are unable to raise additional funds to meet our needs we
may have to scale back our operations, which could result in a loss of your
investment.

Because we are a small company with limited financial
resources, we may be unable to sufficiently finance our operations until we
generate revenues sufficient to cover our expenses. If that were the case, we
would have to raise more capital to finance our operations in order for the
business to be successful.

If we are unable to raise the capital required to finance our
operations, then we would be unable to generate revenues sufficient to maintain
our business and this could result in a loss of your investment.

8

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Because Mr. Sharpe and Mr. Kellison have other outside
business activities, they can only dedicate a limited amount of their time to
our companys operations. This could result in periodic interruptions or
suspensions of the business plan.

Because our company officers, Mr. Sharpe and Mr. Kellison have
other outside business interests, they will only be able to devote a limited
amount of their time to our operations. Our companys operations may occur at
times which are inconvenient to Mr. Sharpe and Mr. Kellison, which could result
in the development of our plan being periodically interrupted or suspended.

If our officers and directors resign or die without having
found replacements, our operations may be suspended or cease altogether. Should
that occur, it could result in a loss of your investment.

We have two officers and three directors and we are entirely
dependent upon them in order to conduct our operations. If they should resign or
die, there may be no one to run Coronado Corp. Our company has no Key Man
insurance. If such an event were to take place and we were unable to find other
persons to run our company, our operations could be suspended or cease entirely,
and this could result in the loss of your investment.

We will incur ongoing costs and expenses for SEC reporting
and compliance, without revenue we may not be able to remain in compliance,
making it difficult for investors to sell their shares, if at all.

Our common shares are quoted on the OTC Electronic Bulletin
Board. To maintain eligibility for quotation on the OTCBB, issuers must remain
current in their filings with the SEC. Market Makers are not permitted to quote
a security whose issuer does not meet this filing requirement. Securities
already quoted on the OTCBB that become delinquent in their required filings
will be removed following a 30 or 60 day grace period if they do not make their
required filing during that time. In order for us to remain in compliance we
will require future revenues to cover the cost of these filings, which could
comprise a substantial portion of our available cash resources. If we are unable
to generate sufficient revenues to remain in compliance it may be difficult for
you to resell any shares you may purchase, if at all.

Trading of our stock may be restricted by the SEC's "Penny
Stock" regulations, which may limit a stockholder's ability to buy and sell our
stock.

The U.S. Securities and Exchange Commission has adopted
regulations which generally define "penny stock" to be any equity security that
has a market price (as defined) less than $5.00 per share or an exercise price
of less than $5.00 per share, subject to certain exceptions. Our securities are
covered by the penny stock rules, which impose additional sales practice
requirements on broker-dealers who sell to persons other than established
customers and "accredited investors." The term "accredited investor" refers
generally to institutions with assets in excess of $5,000,000 or individuals
with a net worth in excess of $1,000,000 or annual income exceeding $200,000 or
$300,000 jointly with their spouse. The penny stock rules require a
broker-dealer, prior to a transaction in a penny stock not otherwise exempt from
the rules, to deliver a standardized risk disclosure document in a form prepared
by the SEC, which provides information about penny stocks and the nature and
level of risks in the penny stock market. The broker-dealer also must provide
the customer with current bid and offer quotations for the penny stock, the
compensation of the broker-dealer and its salesperson in the transaction and
monthly account statements showing the market value of each penny stock held in
the customer's account. The bid and offer quotations, and the broker-dealer and
salesperson compensation information, must be given to the customer orally or in
writing prior to effecting the transaction and must be given to the customer in
writing before or with the customer's confirmation. In addition, the penny stock
rules require that prior to a transaction in a penny stock not otherwise exempt
from these rules, the broker-dealer must make a special written determination
that the penny stock is a suitable investment for the purchaser and receive the
purchaser's written agreement to the transaction. These disclosure requirements
may have the effect of reducing the level of trading activity in the secondary
market for the stock that is subject to these penny stock rules. Consequently,
these penny stock rules may affect the ability of broker-dealers to trade our
securities. We believe that the penny stock rules discourage investor interest
in and limit the marketability of, our common stock.

9

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The Financial Industry Regulatory Authority, or FINRA, has
adopted sales practice requirements which may also limit a stockholder's ability
to buy and sell our stock.

In addition to the "penny stock" rules described above, FINRA
has adopted rules that require that in recommending an investment to a customer,
a broker-dealer must have reasonable grounds for believing that the investment
is suitable for that customer. Prior to recommending speculative low priced
securities to their non-institutional customers, broker-dealers must make
reasonable efforts to obtain information about the customer's financial status,
tax status, investment objectives and other information. Under interpretations
of these rules, FINRA believes that there is a high probability that speculative
low priced securities will not be suitable for at least some customers. FINRA
requirements make it more difficult for broker-dealers to recommend that their
customers buy our common stock, which may limit your ability to buy and sell our
stock and have an adverse effect on the market for our shares.

Trading in our common shares on the OTC Bulletin Board is
limited and sporadic making it difficult for our shareholders to sell their
shares or liquidate their investments.

Our common shares are currently listed for public trading on
the OTC Bulletin Board. The trading price of our common shares has been subject
to wide fluctuations. Trading prices of our common shares may fluctuate in
response to a number of factors, many of which will be beyond our control. The
stock market has generally experienced extreme price and volume fluctuations
that have often been unrelated or disproportionate to the operating performance
of companies with no current business operation. There can be no assurance that
trading prices and price earnings ratios previously experienced by our common
shares will be matched or maintained. These broad market and industry factors
may adversely affect the market price of our common shares, regardless of our
operating performance.

In the past, following periods of volatility in the market
price of a company's securities, securities class-action litigation has often
been instituted. Such litigation, if instituted, could result in substantial
costs for us and a diversion of management's attention and resources.

Trends, Risks and Uncertainties

We have sought to identify what we believe to be the most
significant risks to our business, but we cannot predict whether, or to what
extent, any of such risks may be realized nor can we guarantee that we have
identified all possible risks that might arise. Investors should carefully
consider all of such risk factors before making an investment decision with
respect to our common stock.

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

None.

Item 3. Defaults Upon Senior Securities

None.

Item 4. [Removed and Reserved]

None.

Item 5. Other Information

On April 15, 2011 Drew Bonnell resigned as chief financial
officer, secretary, treasurer and director of our company

10

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Item 6. Exhibits

|Exhibit |                                                                                                                                                                          
|------- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|Number  | Description                                                                                                                                                              
|(3)     | (i) Articles of Incorporation;
      and (ii) Bylaws                                                                                                                     
|3.1     | Articles of Incorporation (incorporated by reference
      from our Registration Statement on Form SB-2, filed on June 15, 2006).                                        
|3.2     | Bylaws (incorporated by reference
      from our Registration Statement on Form SB-2, filed on June 15, 2006).                                                           
|(10)    | Material Contracts                                                                                                                                                       
|10.1    | Letter of Intent with Savant Alaska,
      LLC, dated December 16, 2009. (incorporated by reference from our Current
      Report on Form 8-K filed on December 22, 2009)
|(14)    | Code of Ethics                                                                                                                                                           
|14.1    | Code of Business Conduct and Ethics
      (incorporated by reference from our Annual Report on Form 10- KSB filed
      on June 26, 2007).                               
|(31)    | Rule 13a-14(a)/15d-14(a) Certifications                                                                                                                                  
|31.1*   | Section
      302 Certification under Sarbanes-Oxley Act of 2002 of Donald Sharpe                                                                                        
|(32)    | Section 1350 Certifications                                                                                                                                              
|32.1*   | Section
      906 Certification under Sarbanes-Oxley Act of 2002 of Donald Sharpe                                                                                        

|* | Filed herewith.
|- | ---------------

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SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the
Securities Exchange Act of 1934, the registrant has duly caused this report to
be signed on its behalf by the undersigned, thereunto duly authorized.

|                     | CORONADO CORP.                                         
|-------------------- | -------------------------------------------------------
|                     | (Registrant)                                           
|                     |                                                        
|                     |                                                        
|Dated: May 16 , 2011 | /s/
      Donald Sharpe                                
|                     | Donald Sharpe                                          
|                     | President and Director                                 
|                     | (Principal Executive Officer, Principal
      Financial
|                     | Officer and Principle Accounting Officer)              
|                     |                                                        

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