UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549  FORM 10-QSB  QUARTERLY REPORT UNDER
SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934  For the quarterly period
ended December 31, 2007 Commission file number
333-135037  CORONADO CORP. (Exact
name of small business issuer as specified in its charter)  Nevada
                     98-0485668 (State
of
                    (IRS
Employer Incorporation)
            (ID
Number)   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 (Issuers Telephone Number, Including Area Code)  Check whether the issuer (1) filed
all reports required to be filed by Section 13 or 15 (d) of the Securities
Exchange Act during the past 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to such
filing requirements for the past 90 days.  Yes
 X   No
  ____  Indicate by check mark whether the
registrant is a shell company (as defined in Rule 12b-2 of the Exchange
Act).  Yes
 X   No  ____  State the number of shares
outstanding of each of the issuers classes of common equity, as of the latest
practicable date:  There were 5,175,000 shares of Common Stock issued and
outstanding as of January 31, 2008.  Transitional
Small Business Disclosure Format: Yes
   No _X_   1         PART I. FINANCIAL INFORMATION  Item
1.    Interim Financial Statements  The accompanying
condensed unaudited financial statements of Coronado Corp., a Nevada corporation
are condensed and, therefore, do not include all disclosures normally required
by accounting principles generally accepted in the United States of America.
These statements should be read in conjunction with the Company's most recent
annual financial statements for the year ended March 31, 2007 included in a Form
10-KSB filed with the U.S. Securities and Exchange Commission (SEC) on June
29, 2007.  In the opinion of management, all adjustments necessary for a
fair presentation have been included in the accompanying condensed financial
statements and consist of only normal recurring adjustments. The results of
operations presented in the accompanying condensed financial statements for the
period ended December 31, 2007 are not necessarily indicative of the operating
results that may be expected for the full year ending March 31, 2008.       2        CORONADO
CORP.  (A Development
Stage Company)  INTERIM CONSOLIDATED FINANCIAL
STATEMENTS  DECEMBER 31,
2007  Unaudited    3      Coronado
Corp. (A Development Stage
Company) Interim Consolidated Balance Sheet      ASSETSAs
at

As atDecember 31,

March
31,2007

2007Unaudited

AuditedCURRENT ASSETSCash and cash
equivalents
$
31,390
$
79,735Prepaid expenses

700

2,877Total current assets

32,090

82,612Property,
plant, and equipment, net(Note 5)

17,949

15,680Goodwill(Note 6)

577

577TOTAL ASSETS
$
50,616
$
98,869LIABILITIES
AND STOCKHOLDERS' EQUITYCURRENT
LIABILITIESAccounts payable
$
535
$
2,857Accrued liabilities

1,000

2,500Short-term note payable
(leasehold)

-

9,408Total liabilities

1,535

14,765Commitment(Note 7)

-

-STOCKHOLDERS' EQUITYCapital
Stock (Note 3)Authorized:100,000,000 common
shares, $0.001 par valueIssued and outstanding
shares:5,175,000 common
shares

5,175

5,175Additional paid-in capital

109,279

109,279Deficit accumulated during the
development stage

(65,373)

(30,350)Total Equity

49,081

84,104TOTAL LIABILITIES AND
STOCKHOLDERS' EQUITY
$
50,616
$
98,869     The
accompanying notes are an integral part of these financial statements.  4


Coronado
Corp. (A Development Stage
Company) Interim Consolidated Statements of Operations Unaudited      Cumulative
fromInceptionThree Months
Ended


Nine Months
Ended

(January 9,
2006)December
31,


December 31,

to December
31,2007


2006


2007


2006


2007EXPENSESProfessional fees

$
1,477

$
3,593

$
9,590

$
12,959

$
35,992General and
administrative


11,145


306


25,433


355


29,381Loss for the
Period

$
(12,622)

$
(3,889)

$
(35,023)

$
(13,314)

$
(65,373)PER SHARE DATA:Basic and diluted loss per
share
$
(0.002)

$
(0.001)

$
(0.007)

$
(0.004)Weighted average number ofcommon shares
outstanding



5,175,000


4,728,709


5,175,000


3,406,889


The
accompanying notes are an integral part of these financial statements.  5


Coronado
Corp. (A Development Stage
Company) Interim Consolidated Statements of Stockholders Equity
(Deficit) For the Period of
Inception (January 9, 2006) to December 31, 2007     DeficitAccumulatedAdditional

During theCommon
Stock

Paid-in

DevelopmentShares

Amount

Capital

Stage


TotalInception - January 9,
2006


-

$
-

$
-

$
-

$
-Common shares
issued for cashat
approximately $0.006 per share


75,000


454


-


-


454Restatement
for change to $0.001par
value from no par value


-


(379)


379


-


-Loss for the
period


-


-


-


(3,954)


(3,954)Balance - March 31, 2006
(audited)


75,000

$
75

$
379

$
(3,954)

$
(3,500)Common shares
issued for cashat
$0.01 per share


3,000,000


3,000


27,000


-


30,000Common shares
issued for cashat
$0.04 per share


2,100,000


2,100


81,900


-


84,000Loss for the
year


-


-


-


(26,396)


(26,396)Balance - March 31, 2007
(audited)


5,175,000

$
5,175

$
109,279

$
(30,350)

$
84,104Loss for the
period


-


-


-


(35,023)


(35,023)Balance - December 31, 2007
(unaudited)

5,175,000

$
5,175

$
109,279

$
(65,373)

$
49,081


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


Coronado
Corp. (A Development Stage
Company) Interim Consolidated Statements of Cash Flows Unaudited     Cumulativefrom
InceptionNine Months
Ended

(January 9,
2006)December
31,

to December
31,2007


2006


2007CASH FLOWS FROM OPERATING
ACTIVITIESLoss for the period

$
(35,023)

$
(13,314)

$
(65,373)Adjustment to Reconcile Net
Income to Cash Generated byOperating Activities:Depreciation
and amortization


15,229


-


15,229Changes in Operating Assets and
Liabilities:(Increase)
decrease in prepaid expenses


2,177


-


(700)Increase
(decrease) in accounts payable


(2,322)


888


535Increase
(decrease) in accrued liabilities


(1,500)


(2,750)


1,000Decrease
in short-term note payable (leasehold)


(9,408)


-


-Net cash used in operating
activities


(30,847)


(15,176)


(49,309)CASH FLOWS FROM INVESTING
ACTIVITIESLeasehold improvements


(563)


-


(16,243)Machinery and equipment


(16,935)


-


(16,935)Goodwill


-


(577)


(577)Net cash used in investing
activities


(17,498)


(577)


(33,755)CASH FLOWS FROM FINANCING
ACTIVITIESCommon stock issued for
cash


-


114,000


114,454Net cash provided by financing
activities


-


114,000


114,454INCREASE (DECREASE) IN CASH AND
CASH EQUIVALENTS


(48,345)


98,247


31,390CASH AND CASH EQUIVALENTS AT
BEGINNING OF PERIOD


79,735


-


-CASH AND CASH EQUIVALENTS AT
END OF PERIOD

$
31,390

$
98,247

$
31,390Supplemental Cash Flow
Disclosures:Cash paid for:Interest expense

$
-

$
-

$
-Income taxes

$
-

$
-

$
-


The
accompanying notes are an integral part of these financial statements.  7    Coronado
Corp. (A Development Stage
Company) Interim Notes to Consolidated Financial Statements December 31, 2007      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 purchased a
wholly-owned subsidiary, Bosque Tranquilo S.A. in San Jose, Costa Rica on
October 12, 2006.  The
Company is a development stage company that intends to open and operate a
dental clinic 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 at December 31, 2007, the Company had a loss from operations
of $35,023, an accumulated deficit of $65,373, and working capital of $30,555
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, 2008.  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 Consolidation  These consolidated financial statements presented are those of the
Company and its wholly-owned subsidiary, Bosque Tranquilo S.A.  All
intercompany balances and transactions have been eliminated.  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.   8     Coronado
Corp. (A Development Stage
Company) Interim Notes to Consolidated Financial Statements December 31, 2007      2. Significant
Accounting Policies- Continued  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.  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, Plant, and Equipment   Property, Plant,
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 $15,229 for the period ended
December 31, 2007.  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.  9     Coronado
Corp. (A Development Stage
Company) Interim Notes to Consolidated Financial Statements December 31, 2007      2. Significant
Accounting Policies Continued  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.  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 December 31, 2007.  Goodwill  The
Company adopted the provisions of Statement of Financial Accounting Standards
(SFAS) No. 142, Goodwill and Other Intangible Assets,which requires
that goodwill and intangible assets with indefinite lives should not be
amortized but rather be tested for impairment at least annually or sooner
whenever events or changes in circumstances indicate that they may be
impaired.  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 December 31, 2007, the Company had no items of other
comprehensive income.  Therefore, net loss equals comprehensive loss from
inception (January 9, 2006) to December 31, 2007.  10    Coronado
Corp. (A Development Stage
Company) Interim Notes to Consolidated Financial Statements December 31, 2007      2. Significant
Accounting Policies Continued  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.   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 the
inception (January 9, 2006), to December 31, 2007, the Company has issued a
total of 5,175,000 common shares. The Company issued 75,000, 3,000,000, and
2,100,000 common shares at approximately $0.006, $0.01, and $0.04 per share
respectively.   4. Income Taxes  The company has
incurred operating losses of $65,373, 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:  Future income tax
assets:

2007Net operating loss (from inception to December 31,
2007)
$
65,373Statutory tax rate (combined federal and
state)

34%Non-capital tax loss

22,227Valuation allowance

(22,227)$
-  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.  11    Coronado
Corp. (A Development Stage
Company) Interim Notes to Consolidated Financial Statements December 31, 2007      5. Property,
Plant, and Equipment, Net December 31,
2007

March 31, 2007Machinery
and equipment


$
             16,935

$
                    -Leasehold
improvements


16,243

15,68033,178

15,680Accumulated
depreciation and amortization
(15,229)

-Net
property, plant, and equipment

$
             17,949

$
          15,680   6. Goodwill  We
recorded goodwill, of $577, resulting from the acquisition of Bosque Tranquilo
S.A. on October 12, 2006.  We paid $600 for 100% ownership of Bosque
Tranquilo S.A., a private company incorporated May 13, 2006 in Costa Rica with
no operating history, which had a book value of $23.    7. Lease
commitment  The Company
leases an office space to be used for the dental clinic, in San Jose, Costa
Rica.  The lease expired on January 31, 2008.  The Company has
exercised their lease option, thereby extending this lease until January 31,
2009.  The monthly rental payments are $700 and can be cancelled at any
time, by the Company, with 30 days written notice.  The total lease expense
paid for the period ended December 31, 2007 was $6,300.   8. New 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 December 2007,
FASB issued Financial Accounting Standards No. 160, Noncontrolling Interests
in Consolidated Financial Statements  an amendment of ARB No. 51. This
statement amends ARB No. 51 to improve the relevance, comparability, and
transparency of the financial information that a reporting entity provides in
its consolidated financial statements by establishing accounting and reporting
standards of the portion of equity in a subsidiary not attributable, directly or
indirectly, to a parent.  SFAS 160 is effective for fiscal years, and
interim periods with those fiscal years, beginning on or after December 15, 2008
(that is, January 1, 2009, for entities with calendar year-ends).  In December 2007,
FASB issued a revision to Financial Accounting Standards No. 141 (revised 2007),
Business Combinations. The objective of this Statement is to
improve the relevance, representational faithfulness, and comparability of the
information that a reporting entity provides in its financial reports about a
business combination and its effects. This Statement applies prospectively to
business combinations for which the acquisition date is on or after the
beginning of the first annual reporting period beginning on or after December
15, 2008.   
 
  8. New Accounting Pronouncements Continued  In
February 2007, FASB issued Financial Accounting Standards No. 159, The Fair
Value Option for Financial Assets and Financial LiabilitiesIncluding an
amendment of FASB Statement No. 115.This Statement permits entities
to choose to measure many financial instruments and certain other items at fair
value. The objective is to improve financial reporting by providing entities
with the opportunity to mitigate volatility in reported earnings caused by
measuring related assets and liabilities differently without having to apply
complex hedge accounting provisions. This Statement is expected to expand the
use of fair value measurement, which is consistent with the Boards long-term
measurement objectives for accounting for financial instruments.  SFAS 159
is effective as of the beginning of an entitys first fiscal year that begins
after November 15, 2007.  In
September 2006, FASB issued Financial Accounting Standards No. 157, Fair Value
Measurements.   This Statement defines fair value, establishes a
framework for measuring fair value in generally accepted accounting principles
(GAAP), and expands disclosures about fair value measurements. This Statement
applies under other accounting pronouncements that require or permit fair value
measurements, the Board having previously concluded in those accounting
pronouncements that fair value is the relevant measurement attribute.
Accordingly, this Statement does not require any new fair value measurements.
However, for some entities, the application of this Statement will change
current practice.  SFAS 157 is effective in the first fiscal year that
begins after November 15, 2007.                          13      Item 2.
  Plan of Operation  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  Our cash in the bank
at December 31, 2007, was $31,390. In order to satisfy our cash requirements, we
completed our offering pursuant to our SB-2 Registration Statement, which became
effective on July 31, 2006.  At the close of the offering on November 15,
2006, 2,100,000 shares were issued to independent shareholders at $0.04 per
share for proceeds of $84,000.  For the period from
inception (January 9,2006) to December 31, 2007, we had no revenues and incurred
net operating losses of $65,373 consisting of general operating expenses and
professional fees incurred in connection with the day-to-day operation of our
business and the preparation and filing of our periodic reports.  Net cash provided by
financing activities since inception (January 9,2006) through December 31, 2007
was $114,454, consisting of $30,454 raised from the private sale of stock to our
officers and directors, and $84,000 raised pursuant to our SB-2 Registration
Statement.  The following table
provides selected financial data about our company as of and for the nine-month
period ended December 31, 2007.  Balance Sheet Data:


December 31, 2007Cash

$
31,390Total assets

$
50,616Total liabilities

$
1,535Stockholders' equity

$
49,081  Our auditors have
issued a going concern opinion on our March 31, 2007, audited financial
statements (Refer to note 1).  Our auditors have expressed the opinion that
in our current state, there is substantial doubt about our ability to continue
as a going concern.  Plan of
Operation  We are a start-up,
development stage corporation and have not yet generated or realized any
revenues from our business operations. Our plan over the next 12 months is to
open and operate a dental clinic in Costa Rica and market our services to the
public via newspaper advertising, word of mouth, and brochures placed in hotel
lobbies in order to generate revenue.  Our auditors have
issued a going concern opinion indicating a substantial doubt about our ability
to continue as an on-going business over the next twelve months, unless we
obtain additional capital to pay for our expenses. This is because we have not
generated any revenues to date, and no revenues are anticipated until we begin
receiving income from the sales of dental services to patients, and there is no
assurance that we will ever reach this point. 14   Accordingly, we may
have to raise sufficient capital from sources other than from the sale of dental
services to patients. Our only other source for cash at this time is investments
by others. We raised $84,000 from our public offering. Under the offering that
closed November 15, 2006, we sold 2,100,000 common shares at $0.04 per
share,thus we have a total of 5,175,000 shares
issued and outstanding to 35 shareholders (including the Companys two
directors). As of December 31, 2007, we had cash on hand of $31,390, which may
not enable us to fund operations for the next twelve months.  If we are
unable to generate enough revenues to cover our expenses, then we may have to
rely on additional loans from our directors, a second public offering, or a
private placement of securities.  We have used the
above-mentioned funds to complete lease-hold upgrades and renovations to our
dental clinic in San Jose, Costa Rica, as well as to purchase dental equipment
for the clinic in July of 2007.  The dental equipment
was installed in July of 2007 at which time we applied for our license to
operate from the Ministry of Health, which was granted in December of 2007.
 Our target is to be offering our services to the public and begin
generating revenues by March of 2008.  As
we have raised the required minimum of $65,000 or the sale of 40% of our
offering, we commenced with operations by hiring a construction firm, Camacho
Construccion S.A., to conduct renovations to the office space which we have
leased by constructing a three chair dental clinic.  These renovations were
completed in July of 2007. As
of December 31st, 2007, Coronado Corp had $31,390 in cash. It
was our intention to raise the entire $162,500 as permitted under our offering,
however, we raised $84,000, prior to closing our offering November 15, 2006, and
we have begun to implement our plan by building a three chair dental clinic with
all the necessary equipment. In
August 2007, we applied for an operating permit from the Department of Health in
Costa Rica, and received said license to operate in December of 2007. At present
we are looking to hire a Dental Assistant and another dentist to work in the
clinic in conjunction with Dr. Quesada, the companys president. We will begin
to promote our services to the public by way of newspaper advertising, word of
mouth, placement of brochures in hotel lobbies and a large billboard sign that
will be erected in front of the clinic once we have hired another dentist and
dental assistant. 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 Corp
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. We anticipate that we will begin to generate revenues by April of 2008. Also
important to the successful development of our business is the hiring of another
dentist and Dental Assistant:  While Dr. Quesada, the Companys president
and chief dentist, will be heading operations at the clinic and providing dental
services to patients, the hiring of another dentist will help to maximize our
profit potential by making full use of the clinics three dental chairs.
 As well, an efficient dental assistant will be an important part of our
operations by providing assistance to the dentists while they are conducting
certain dental procedures, organizing appointments and collections, and handling
basic office duties. 15  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
before we hire a dental assistant and another dentist, 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 topay 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. All
of the construction work on the leased office space was conducted by an
unaffiliated independent contractor,Camacho
Construccion S.A., who was hired by Bosque Tranquilo SA, a wholly owned Costa
Rican subsidiary of Coronado Corp. Camacho Construccion S.A. was responsible for
the construction, contracting tradesmen and sub-contractors, as well as the
hiring and supervision of the labor used for the renovation work. The
hiring of a dental assistant and another dentist will be conducted by Dr.
Quesada, the companys president, and is expected to be completed by March of
2008.  Off-Balance
Sheet Arrangements  The Company has no
off-balance sheet arrangements.  Critical
Accounting Policies  Basis of Consolidation  These consolidated financial statements presented are those of the
Company and its wholly-owned subsidiary, Bosque Tranquilo S.A.  All
intercompany balances and transactions have been eliminated.  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. 16   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.  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, Plant, and Equipment  Property,
Plant, 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 $15,229 for the period ended
December 31, 2007.  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.  17   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 December 31, 2007.  Goodwill  The Company adopted the provisions of Statement of Financial
Accounting Standards (SFAS) No. 142, Goodwill and Other Intangible
Assets,which requires that goodwill and intangible assets with indefinite
lives should not be amortized but rather be tested for impairment at least
annually or sooner whenever events or changes in circumstances indicate that
they may be impaired.  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 December 31, 2007, the Company had no items of other
comprehensive income.  Therefore, net loss equals comprehensive loss from
inception (January 9, 2006) to December 31, 2007.  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.  18   ITEM 3.
 CONTROLS AND PROCEDURES  Evaluation of
Disclosure Controls and Procedures  Under the supervision
and with the participation of our management, including our principal executive
officer and principal financial officer, we have 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 and
Exchange Act of 1934, as of the end of the period covered by this report.
 Based on this evaluation, our principal executive officer and principal
financial officer concluded as of the evaluation date that our disclosure
controls and procedures were effective such that the material information
required to be included in our Securities and Exchange Commission reports is
recorded, processed, summarized and reported within the time periods specified
in SEC rules and forms relating to our company, particularly during the period
when this report was being prepared.  Additionally, there
were no significant changes in our internal controls or in other factors that
could significantly affect these controls subsequent to the evaluation date.
 We have not identified any significant deficiencies or material weaknesses
in our internal controls, and therefore there were no corrective actions
taken.  PART II  OTHER
INFORMATION  ITEM 6.
  EXHIBITS  The following
exhibits are included with this registration statement filing.  Those
marked with an asterisk and required to be filed hereunder, are incorporated by
reference and can be found in their entirety in our original Form SB-2
Registration Statement, filed under SEC File Number 333-135037, at the SEC
website at www.sec.gov:  Exhibit Number Description  3.1 Articles
of Incorporation* 3.2 Bylaws* 31 Rule
13a-14(a)/15d-14a(a) Certifications 32 Section
1350 Certifications       19      SIGNATURES  In
accordance with the Exchange Act, the registrant caused this report to be signed
on its behalf by the undersigned, thereunto duly authorized   February
6,
2008                      
Coronado Corp., Registrant    By: /s/
Alejandro Quesada ______________________________ Alejandro
Quesada, Director, President. Principal
Executive Officer.   February
6,
2008                      
By:        /s/ Shawn Phillips _______________________________ Shawn
Phillips, Director, Secretary, Treasurer. Principal
Financial Officer, Principal Accounting Officer.    20