UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549  FORM 10-Q  QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934  For the quarterly period ended June 30, 2009 Commission file number 333-135037  CORONADO CORP. (Exact name of registrant as specified in its charter)  Nevada98-0485668(State or other jurisdiction of incorporation or organization)(IRS Employer Identification No.)   Tibas del Correo, 50 metros Norte y 25 metros al Este, San Jose, República de Costa Rica (Address of principal executive offices)  (702) 987-1847 (Registrants Telephone Number, Including Area Code)  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 past 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.  Yes  X   No   ____  Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Date File required to be submitted and posted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such filed).  Yes  ____ No  X (Not required)  Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a non-accelerated filer, or a smaller 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  ____  1        Indicate the number of shares outstanding of each of the registrants classes of common stock, as of the latest practicable date:  There were 5,175,000 shares of Common Stock issued and outstanding as of August 18, 2009.    2      ITEM 1.  FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA.                 CORONADO CORP.  (A Development Stage Company)  INTERIM FINANCIAL STATEMENTS  JUNE 30, 2009  (Unaudited)  3    CORONADO CORP. (A Development Stage Company)  INDEX TO INTERIM FINANCIAL STATEMENTS  FOR THE PERIOD OF JANUARY 9, 2006 (INCEPTION) TO JUNE 30, 2009   Page(s)  Balance Sheets at June 30, 2009 and March 31, 2009 4  Statement of Operations for the three months ended June 30, 2009 and 2008 and cumulative totals from January 9, 2006 (Inception) to June 30, 2009 5  Statements of Cash Flows for the three months ended June 30, 2009 and 2008 And cumulative totals from January 9, 2006 (Inception) to June 30, 2009 6  Notes to Interim Financial Statements 7    4      Coronado Corp. (A Development Stage Company) Balance Sheets      ASSETSAs ofAs ofJune 30,March 31,20092009(Unaudited)CURRENT ASSETSCash and cash equivalents$7,450$7,536Prepaid expenses-1,309Total current assets7,4508,845TOTAL ASSETS$7,450$8,845LIABILITIES AND STOCKHOLDERS' EQUITYCURRENT LIABILITIESAccounts payable and accrued liabilities$720$-Total current liabilities720-Commitment--STOCKHOLDERS' EQUITYCapital Stock (Note 3)Authorized:100,000,000 common shares, $0.001 par valueIssued and outstanding shares:5,175,000 common shares5,1755,175Additional paid-in capital106,194106,194Deficit accumulated during the development stage(104,639)(102,524)Total Equity6,7308,845TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY$7,450$8,845    The accompanying notes are an integral part of these financial statements.  5


Coronado Corp. (A Development Stage Company) Interim Statements of Operations (Unaudited)    Cumulativefrom Inception(January 9, 2006)Three Months Ended June 30,to June 30,200920082009(Consolidated)REVENUES:$-$-$-EXPENSES:Professional fees2,0293,32757,204Depreciation and amortization-84722,170General and administrative862,25925,265Total operating expenses2,1156,433104,639Other Income (Expense)---Net (Loss) before Income Taxes(2,115)(6,433)(104,639)Provision for Income Taxes(Note 4)---Net (Loss)$(2,115)$(6,433)$(104,639)PER SHARE DATA:Basic and diluted loss percommon share$(0.00)$(0.00)Weighted average number ofcommon shares outstanding5,175,0005,175,000


The accompanying notes are an integral part of these financial statements.  6


Coronado Corp. (A Development Stage Company) Interim Statements of Cash Flows (Unaudited)   Cumulativefrom Inception(January 9, 2006)Three Months Ended June 30,to June 30,200920082009(Consolidated)OPERATING ACTIVITIESNet (Loss)$(2,115)$(6,433)$(104,639)Adjustment to Reconcile Net Income to Cash Generated byOperating Activities:Depreciation and amortization-84722,170Changes in Operating Assets and Liabilities:(Increase) decrease in prepaid expenses1,309--Increase (decrease) in accounts payable and accruedliabilities720(858)720Net cash used in operating activities(86)(6,444)(81,749)INVESTING ACTIVITIESLeasehold improvements--(16,243)Machinery and equipment--(16,935)Goodwill--(577)Net cash used in investing activities--(33,755)FINANCING ACTIVITIESNotes payable  related parties8,500Common stock issued for cash--114,454Net cash provided by financing activities--122,954INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS(86)(6,444)7,450CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD7,53626,421-CASH AND CASH EQUIVALENTS AT END OF PERIOD$7,450$19,977$7,450Supplemental Cash Flow Disclosures:Cash paid for:Interest expense$-$-$-Income taxes$-$-$-Non-Cash Financing and Investing Activities:Notes payable  related parties cancelled on disposition of subsidiary$-$-$8,500


The accompanying notes are an integral part of these financial statements.  7     Coronado Corp. (A Development Stage Company) Notes to Interim Financial Statements    1. Organization and Going Concern  Coronado Corp. (the Company) is a Nevada corporation incorporated on January 9, 2006.  It is based in San Jose, Costa Rica.  The Company is a development stage company that intends to offer dental services in Costa Rica.  To date, the Companys activities have been limited to its formation and the raising of equity capital.  The Companys fiscal year end is March 31.  Going Concern and Liquidity Considerations  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 June 30, 2009, the Company had a loss from operations of $2,115, an accumulated deficit of $104,639, and working capital of $6,730 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 March 31, 2010.  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.  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 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.   2. Significant Accounting Policies  Basis of Presentation  The accounting and reporting policies of the Company conform to U.S. generally accepted accounting principles (US GAAP) applicable to development stage companies.  Use of Estimates  The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amount of revenues and expenses during the reporting period.  Actual results could differ from those estimates.  Cash and Cash Equivalents  Cash and cash equivalents include cash in banks, money market funds, and certificates of term deposits with maturities of less than three months from inception, which are readily convertible to known amounts of cash and which, in the opinion of management, are subject to an insignificant risk of loss in value. The Company had $7,450 and $7,536 in cash and cash equivalents at June 30, 2009 and March 31, 2009, respectively.   8      Coronado Corp. (A Development Stage Company) Notes to Interim Financial Statements     9      Coronado Corp. (A Development Stage Company) Notes to Interim Financial Statements    2. Significant Accounting Policies- Continued  Fair Value of Financial Instruments and Derivative Financial Instruments  The Company has adopted Statement of Financial Accounting Standards (SFAS) Number 119, Disclosure About Derivative Financial Instruments and Fair Value of Financial Instruments.  The carrying amount of accrued liabilities approximates its fair value because of the short maturity of this item.  Certain fair value estimates may be subject to and involve, uncertainties and matters of significant judgment, and, therefore, cannot be determined with precision.  Changes in assumptions could significantly affect these estimates.  The Company does not hold or issue financial instruments for trading purposes, nor does it utilize derivative instruments in the management of its foreign exchange, commodity price or interest rate market risks.  Segmented Reporting  SFAS Number 131, Disclosure About Segments of an Enterprise and Related Information, changed the way public companies report information about segments of their business in their quarterly reports issued to shareholders.  It also requires entity-wide disclosures about the products and services an entity provides, the material countries in which it holds assets and reports revenues and its major customers.  The Company presently operates only in Costa Rica.  Property and Equipment   Property and equipment are stated at cost. The Company has adopted the policy of depreciation being computed by use of the straight-line method over the estimated useful lives of the assets, which is up to 5 years for equipment and the shorter of lease terms or 10 years for leasehold improvements. The depreciation expense on property and equipment was $nil and $847 for the periods ended June 30, 2009 and 2008, respectively.  Federal Income Taxes  Deferred income taxes are reported for timing differences between items of income or expense reported in the financial statements and those reported for income tax purposes in accordance with SFAS Number 109, Accounting for Income Taxes, which requires the use of the asset/liability method of accounting for income taxes.  Deferred income taxes and tax benefits are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases, and for tax loss and credit carryforwards.  Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled.  The Company provides for deferred taxes for the estimated future tax effects attributable to temporary differences and carryforwards when realization is more likely than not.  Earnings (Loss) per Share  The Company has adopted Financial Accounting Standards Board (FASB) Statement Number 128, Earnings per Share, (EPS) which requires presentation of basic and diluted EPS on the face of the income statement for all entities with complex capital structures and requires a reconciliation of the numerator and denominator of the basic EPS computation to the numerator and denominator of the diluted EPS computation.  In the accompanying financial statements, basic earnings (loss) per share is computed by dividing net income/loss by the weighted average number of shares of common stock outstanding during the period.  10      Coronado Corp. (A Development Stage Company) Notes to Interim Financial Statements     11      Coronado Corp. (A Development Stage Company) Notes to Interim Financial Statements    2. Significant Accounting Policies Continued  Foreign Currency Transactions  The Companys functional currency is the Costa Rican Colone. The Companys reporting currency is the U.S. Dollar.  All transactions initiated in Colones are translated to U.S. Dollars in accordance with SFAS No. 52 Foreign Currency Translation as follows:  (i) Monetary assets and liabilities at the rate of exchange in effect at the balance sheet date; (ii) Equity at historical rates; and (iii) Revenue and expense items at the average rate of exchange prevailing during the period.  Adjustments arising from such translations are deferred until realization and are included as a separate component of stockholders equity as a component of comprehensive income or loss.  Therefore, translation adjustments are not included in determining net income (loss) but reported as other comprehensive income.  For foreign currency transactions, the Company translates these amounts to the Companys functional currency at the exchange rate effective on the invoice date.  If the exchange rate changes between the time of purchase and the time actual payment is made, a foreign exchange transaction gain or loss results which is included in determining net income for the period.  No significant realized exchange gains or losses were recorded from inception (January 9, 2006) to the period ended June 30, 2009.  Comprehensive Income (Loss)  SFAS No. 130, Reporting Comprehensive Income, establishes standards for reporting and display of comprehensive income and its components in a full set of general-purpose financial statements.  From inception (January 9, 2006) to June 30, 2009, the Company had no items of other comprehensive income.  Therefore, net loss equals comprehensive loss from inception (January 9, 2006) to June 30, 2009.  Advertising Costs  Advertising costs are expensed as incurred. From inception (January 9, 2006) to June 30, 2009, the Company had no advertising expenses.  Revenue Recognition  The Company recognizes revenue from the sale of products and services in accordance with Securities and Exchange Commission Staff Accounting Bulletin No. 104 (SAB 104), Revenue Recognition in Financial Statements.  Revenue will consist of dental services income and will be recognized only when all of the following criteria have been met:  (i) Persuasive evidence for an agreement exists; (ii) Delivery has occurred; (iii) The fee is fixed or determinable; and (iv) Revenue is reasonably assured.   12      Coronado Corp. (A Development Stage Company) Notes to Interim Financial Statements     13      Coronado Corp. (A Development Stage Company) Notes to Interim Financial Statements    2. Significant Accounting Policies Continued  Recent Accounting Pronouncements  Recent accounting pronouncements that are listed below did and/or are not currently expected to have a material effect on the Companys financial statements.  FASB Statements:  In June 2009, the FASB issued SFAS No. 168, The FASB Accounting Standards CodificationTM and the Hierarchy of Generally Accepted Accounting Principlesa replacement of FASB Statement No. 162.  FASB Statement No. 162, The Hierarchy of Generally Accepted Accounting Principles, which became effective on November 13, 2008, identified the sources of accounting principles and the framework for selecting the principles used in preparing the financial statements of nongovernmental entities that are presented in conformity with GAAP. Statement 162 arranged these sources of GAAP in a hierarchy for users to apply accordingly. Once the Codification is in effect, all of its content will carry the same level of authority, effectively superseding Statement 162. In other words, the GAAP hierarchy will be modified to include only two levels of GAAP: authoritative and nonauthoritative. As a result, this Statement replaces Statement 162 to indicate this change to the GAAP hierarchy.  This Statement is effective for financial statements issued for interim and annual periods ending after September 15, 2009. In June 2009, the FASB issued SFAS No. 167, Amendments to FASB Interpretation No. 46(R).This Statement is to improve financial reporting by enterprises involved with variable interest entities. The Board undertook this project to address (1) the effects on certain provisions of FASB Interpretation No. 46 (revised December 2003), Consolidation of Variable Interest Entities, as a result of the elimination of the qualifying special-purpose entity concept in FASB Statement No. 166, Accounting for Transfers of Financial Assets, and (2) constituent concerns about the application of certain key provisions of Interpretation 46(R), including those in which the accounting and disclosures under the Interpretation do not always provide timely and useful information about an enterprises involvement in a variable interest entity. This Statement shall be effective as of the beginning of each reporting entitys first annual reporting period that begins after November 15, 2009, for interim periods within that first annual reporting period, and for interim and annual reporting periods thereafter.  Earlier application is prohibited. In June 2009, the FASB issued SFAS No. 166, Accounting for Transfers of Financial Assetsan amendment of FASB Statement No. 140. This Statement is to improve the relevance, representational faithfulness, and comparability of the information that a reporting entity provides in its financial statements about a transfer of financial assets; the effects of a transfer on its financial position, financial performance, and cash flows; and a transferors continuing involvement, if any, in transferred financial assets. The Board undertook this project to address (1) practices that have developed since the issuance of FASB Statement No. 140, Accounting for Transfers and Servicing of Financial Assets and Extinguishments of Liabilities, that are not consistent with the original intent and key requirements of that Statement and (2) concerns of financial statement users that many of the financial assets (and related obligations) that have been derecognized should continue to be reported in the financial statements of transferors.  This Statement must be applied as of the beginning of each reporting entitys first annual reporting period that begins after November 15, 2009, for interim periods within that first annual reporting period and for interim and annual reporting periods thereafter. Earlier application is prohibited.   This Statement must be applied to transfers occurring on or after the effective date.     14      Coronado Corp. (A Development Stage Company) Notes to Interim Financial Statements   2. Significant Accounting Policies Continued  Recent Accounting Pronouncements Continued  In May 2009, the FASB issued SFAS No. 165, Subsequent Events.  The objective of this Statement is to establish general standards of accounting for and disclosure of events that occur after the balance sheet date but before financial statements are issued or are available to be issued. In particular, this Statement sets forth: (1) The period after the balance sheet date during which management of a reporting entity should evaluate events or transactions that may occur for potential recognition or disclosure in the financial statements. (2) The circumstances under which an entity should recognize events or transactions occurring after the balance sheet date in its financial statements. (3) The disclosures that an entity should make about events or transactions that occurred after the balance sheet date. In accordance with this Statement, an entity should apply the requirements to interim or annual financial periods ending after June 15, 2009.   3. Capital Stock  Authorized Stock  The Company has authorized 100,000,000 common shares with $0.001 par value.  Each common share entitles the holder to one vote, in person or proxy, on any matter on which action of the stockholder of the corporation is sought.  Share Issuances  Since inception (January 9, 2006), the Company has issued 75,000, 3,000,000, and 2,100,000 common shares at approximately $0.006, $0.01, and $0.04 per share respectively, resulting in total proceeds of $114,454.  There were 5,175,000 common shares issued and outstanding at June 30, 2009.  Of these shares, 1,575,000 were issued to the spouse of a director, 1,500,000 were issued to a director and officer of the Company, and 2,100,000 were issued to unaffiliated investors.   4. Income Taxes  The company has incurred operating losses of $104,639, which, if unutilized, will begin to expire in 2026.  Future tax benefits, which may arise as a result of these losses, have not been recognized in these financial statements, and have been offset by a valuation allowance.  Details of future income tax assets are as follows: June 30,March 31,Future income tax assets:20092009Net operating loss (from inception January 9, 2006)$104,639$102,524Approximate Statutory tax rate (combined federal and state)34%34%Non-capital tax loss35,57734,858Valuation allowance(35,577)(34,858)$-$-  The potential future tax benefits of these losses have not been recognized in these financial statements due to uncertainty of their realization.  When the future utilization of some portion of the carryforwards is determined not to be more likely than not, a valuation allowance is provided to reduce the recorded tax benefits from such assets.  15        ITEM 2.   MANAGEMENTS DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS  This report includes a number of forward-looking statements that reflect our current views with respect to future events and financial performance.  Forward-looking statements are often identified by words such as:  believe, expect, estimate, anticipate, intend, project and similar expressions, or words which, by their nature, refer to future events.  You should not place any undue certainty on these forward-looking statements, which apply only as of the date of this quarterly.  These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from our predictions.  Results of Operations  We have conducted no material operations during the period ended June 30, 2009, and do not have any present operations. During the period ended June 30, 2009, we generated no revenues.  Accordingly, a discussion of our results of operations is not meaningful and will not be presented herein.  The following table provides selected financial data about our company as of and for the period ended June 30, 2009 and the year ended March 31, 2009.  Balance Sheet Data:June 30, 2009March 31, 2009Cash$7,450$7,536Total assets$7,450$8,845Total liabilities$720$-Stockholders equity$6,730$8,845  Liquidity and Capital Resources  The report of our auditors on our audited financial statements for the fiscal year ended March 31, 2009, contains a going concern qualification as we have suffered losses since our inception.  We have minimal assets and have achieved no operative revenues since our inception.  We have depended on loans and sales of equity securities to conduct operations.  Unless and until we commence material operations and achieve material revenues, we will remain dependent on financings to continue our operations.  Because of our limited cash in the bank, we will be required to raise additional capital over the next twelve months to meet our ongoing expenses.  Plan of Operation  Our plan over the next 12 months is to launch and operate a website, www.dental-vacation.com , promoting dental tourism in Costa Rica, whereby Coronado Corp will arrange dental services and hotel accommodations for North American and European individuals looking for high-quality dental service at affordable prices.  Our main marketing slogan will be Get your teeth fixed anda dream vacation for half the price you could get your teeth done in Canada or the US.  Coronado Corp will charge a booking fee to the consumer, and a 20% commission to the dentists, hotels, and tour companies for all business generated by The Company.   16       We plan to market our services to the public via newspaper advertising, email broadcasting, and word of mouth, in order to generate revenue.  At present we are looking to hire a Website designer and marketing consultant to assist us in creating our website. We will begin to promote our services to the public by way of e-mail advertising and word of mouth in order to generate revenue. Floricel Leiton, our new company president, will also be entering into contract negotiations with various dental clinics, hotels, and tour companies in Costa Rica whose services Coronado Corp, will promote on www.dental-vacation.com. We feel that our advertising efforts will be an important part to the success of our business development, acting as an effective way to introduce Coronado and its services to the public. Our advertising will promote high quality dental work at a reasonable price. Special emphasis will be placed on cosmetic "Movie Star Teeth" procedures such as teeth cleaning, whitening, porcelain crowns and veneers. Also important to the successful development of our business is being able to offer desirable vacation packages and hotel accommodations to those seeking to travel to Costa Rica for dental services through our website.  Floricel Leiton, the Companys president, will be negotiating with various hotels and tour operators enabling us to offer a wide variety of accommodations and tours. The difference between having the ability to sustain our cash flow requirements over the next twelve months and the need for additional outside funding will depend on how fast we are able to generate revenue. 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, like a second public offering, a private placement of securities or loans from our officers or others. 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 operations. 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. Off-Balance Sheet Arrangements  The Company has no off-balance sheet arrangements.  ITEM 3.  QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK  Not applicable.  17        ITEM 4T.  CONTROLS AND PROCEDURES  Evaluation of Our Disclosure Controls and Internal Controls Under the supervision and with the participation of our senior management, including our chief executive officer and chief financial officer, we conducted an evaluation of the effectiveness of the design and operation of our disclosure controls and procedures, as defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934, as amended (the Exchange Act), as of the end of the period covered by this quarterly report (the Evaluation Date).  Based on this evaluation, our chief executive officer and chief financial officer concluded as of the Evaluation Date that our disclosure controls and procedures were not effective such that the information relating to us, including our consolidated subsidiaries, required to be disclosed in our Securities and Exchange Commission (SEC) reports was not (i) recorded, processed, summarized and reported within the time periods specified in SEC rules and forms, and (ii) accumulated and communicated to our management, including our chief executive officer and chief financial officer, as appropriate to allow timely decisions regarding required disclosure.  Managements Report on Internal Control Over Financial Reporting. As of June 30, 2009, management assessed the effectiveness of our internal control over financial reporting.  The Company's management is responsible for establishing and maintaining adequate internal control over financial reporting for the Company. Internal control over financial reporting is defined in Rule 13a-15(f) or 15d-15(f) promulgated under the Securities Exchange Act of 1934 as a process designed by, or under the supervision of, the Company's CEO and contract CFO and effected by the Companys Board of Directors, management and other personnel, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with GAAP in the United States of America and includes those policies and procedures that: · Pertain to the maintenance of records that in reasonable detail accurately and fairly reflect our transactions and dispositions of our assets; · Provide reasonable assurance our transactions are recorded as necessary to permit preparation of our financial statements in accordance with GAAP, and that receipts and expenditures are being made only in accordance with authorizations of our management and directors; and · Provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of our assets that could have a material effect on the financial statement.  Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements.  Therefore, even those systems determined to be effective can provide only reasonable assurance of achieving their control objectives.  In evaluating the effectiveness of our internal control over financial reporting, our management used the criteria set forth by the Committee of Sponsoring Organizations of the Treadway Commission (COSO) in Internal Control  Integrated Framework . Based on that evaluation, they concluded that, during the period covered by this report, such internal controls and procedures were not effective to detect the inappropriate application of US GAAP rules as more fully described below.   18       This was due to deficiencies that existed in the design or operation of our internal controls over financial reporting that adversely affected our internal controls and that may be considered to be material weaknesses.  The matters involving internal controls and procedures that our management considered to be material weaknesses under the standards of the Public Company Accounting Oversight Board were: (1) lack of a functioning audit committee due to a lack of a majority of independent members and a lack of a majority of outside directors on our board of directors, resulting in ineffective oversight in the establishment and monitoring of required internal controls and procedures; (2) inadequate segregation of duties consistent with control objectives; and (3) ineffective controls over period end financial disclosure and reporting processes.  The aforementioned material weaknesses were identified by our Chief Executive Officer in connection with the review of our financial statements as of June 30, 2009.  Management believes that the material weaknesses set forth in items (2) and (3) above did not have an effect on our financial results.  However, management believes that the lack of a functioning audit committee and the lack of a majority of outside directors on our board of directors results in ineffective oversight in the establishment and monitoring of required internal controls and procedures, which could result in a material misstatement in our financial statements in future periods.  Officers Certifications Appearing as exhibits to this quarterly report are Certifications of our Chief Executive Officer and Chief Financial Officer. The Certifications are required pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 (the Section 302 Certifications). This section of the Quarterly Report contains information concerning the Controls Evaluation referred to in the Section 302 Certification. This information should be read in conjunction with the Section 302 Certifications for a more complete understanding of the topics presented.  Changes in Internal Control Over Financial Reporting There have been no changes in our internal control over financial reporting that occurred during the quarter ended June 30, 2009 that have materially affected or are reasonably likely to materially affect our internal control over financial reporting.  PART II  OTHER INFORMATION  ITEM 1.  LEGAL PROCEEDINGS In the ordinary course of our business, we may from time to time become subject to routine litigation or administrative proceedings which are incidental to our business. We are not a party to nor are we aware of any existing, pending or threatened lawsuits or other legal actions involving us. ITEM 1A.  RISK FACTORS Not applicable.   19       ITEM 2.  UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS We did not issue any equity securities during the quarter ended June 30, 2009. ITEM 3.  DEFAULTS UPON SENIOR SECURITIES None. ITEM 4.  SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS None. ITEM 5.  OTHER INFORMATION None. ITEM 6.   EXHIBITS  The following exhibits are included with this filing.  Exhibit Number Description  31 Rule 13a-14(a)/15d-14a(a) Certifications 32 Section 1350 Certifications   20


SIGNATURES  Pursuant to the requirements 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)August 18, 2009_____________________________BY:/s/ Floricel LeitonDateFloricel LeitonPresident, Chief Executive Officer, Principal Financial Officer, Principal Accounting Officer,  and member of the Board of Directors


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