UNITED STATESSECURITIES AND EXCHANGE COMMISSIONWashington,
D.C. 20549

FORM 10-K/A

Amendment No.1

(Mark One)

|  |                                                                                       
|- | --------------------------------------------------------------------------------------
|x | ANNUAL REPORT PURSUANT TO
  SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the fiscal year ended December 31, 2008or

|  |                                                                                           
|- | ------------------------------------------------------------------------------------------
|o | TRANSITION REPORT PURSUANT
  TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from
                    to

Commission File 000-53491

|                                                      
|------------------------------------------------------
|THE PARKVIEW GROUP, INC.                              
|                                                      
|(Exact name of registrant as
specified in its charter)

|                                                                  |  |                                        
|----------------------------------------------------------------- |  | ---------------------------------------
|Delaware                                                          |  | 65-0918608                             
|                                                                  |  |                                        
|(State
  or other jurisdiction ofIncorporation
  or Organization) |  | (I.R.S.
  EmployerIdentification
  No.)
|                                                                  |  |                                        
|21301
  Powerline Road, Suite 103, Boca Raton, Florida            |  | 33433                                  
|                                                                  |  |                                        
|(Address
  of principal executive offices)                        |  | (Zip
  Code)                           

Registrants
telephone number, including area code: (561) 789-4162

Securities
registered pursuant to Section 12(b) of the Act:

|                      |  |                               
|--------------------- |  | ------------------------------
|                      |  | Name
  of each                
|Title
  of each class |  | Exchange
  on which registered
|                      |  |                               
|None                  |  | None                          

|                                                             
|-------------------------------------------------------------
|Securities
  registered pursuant to Section 12(g) of the Act:
|Common
  Stock, $.001 par value                              
|                                                             
|(Title
  of Class)                                           

Indicate by check mark if
the Registrant is a well-known seasoned issuer, as defined in Rule 405 of
the Securities Act.

Yes o No x

Indicate by check mark if
the Registrant is not required to file reports pursuant to Section 13 or
15(d) of the Act.

Yes o No x

Indicate by check mark
whether the registrant (1) has filed all reports 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.

Yes o No x

Indicate by check mark if
disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not
contained herein, and will not be contained, to the best of the registrants
knowledge, in definitive proxy or information statements incorporated by
reference in Part III of this Form 10-K or any amendment to this Form 10-K.
      x

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

| |                           |                            
| | ------------------------- | ---------------------------
| | Large accelerated filer o | Accelerated filer o        
| | Non-accelerated filer o   | 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 of 1934).

Yes o No x

At present, there is no
trading market in our Common Stock. Accordingly, the aggregate market value of
the voting Common Stock held by non-affiliates of the registrant cannot be
calculated at this time. On March 16, 2009 there were 117,900 shares of our
Common Stock, par value $.001, held by non-affiliates.

The number of shares of the
registrants Common Stock outstanding as of March 16, 2009 was 1,421,200.

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EXPLANATORY NOTE

This Amendment
No. 1 on Form 10-K/A to the Companys Annual Report on Form 10-K for the fiscal
year ended December 31st 2008 of The Parkview Group, Inc. (the
Company) which was filed with the Securities and Exchange commission on April
10, 2009 (the Original Filing) is being filed to amend or include certain
disclosure contained in Item 9A., Controls and Procedures. Except for the
amendments to Item 9A, this Form 10-K/A does not modify or update any other
disclosures in, or exhibits to, the Original Filing.

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Item 9A. Controls and Procedures

Evaluation of Disclosure Controls and Procedures

Disclosure
controls and procedures are designed with the objective of ensuring that
information required to be disclosed in our reports filed under the Securities
Act of 1934, as amended (the Exchange Act), such as this annual report, is
recorded, processed, summarized and reported within the time periods specified
in the SECs rules and forms. Disclosure controls are also designed with the
objective of ensuring that such information is accumulated and communicated to
our management, including the Chief Executive Officer and Chief Financial
Officer, as appropriate, to allow timely decisions regarding required
disclosure. Internal controls are procedures that are designed with the
objective of providing reasonable assurance that (1) our transactions are
properly authorized, recorded and reported: and (2) our assets are safeguarded
against unauthorized or improper use, to permit the preparation of our
consolidated financial statements in conformity with United States generally
accepted accounting principles.

At
end of the period covered by this annual report, an evaluation was performed
under the supervision, and with the participation, of the Companys principal
executive officer and the Companys principal financial officer of the
effectiveness of the design and operation of the Companys disclosure controls
and procedures (as such term is defined in Rules 13a-15(e) and 15d-15(e) under
the Exchange Act) as of the end of the period covered by this report. During
the period covered by this report, our Company was not subject to the reporting
requirements of the Exchange Act. In connection with our registration statement
on Form 10, initially filed on November 12, 2008 and amended on January 14, 2009
however, accounting work was completed, financial statements were prepared, and
audits were obtained. The evaluation confirmed to the Companys principal
executive officer and the Companys principal financial officer, as of the end
of the period covered by this report, that the design and operation of the
Companys disclosure controls and procedure are effective as of the date of
this report.

Managements Annual Report on Internal Control over Financial
Reporting

Our
management is responsible for establishing and maintaining adequate internal
control over financial reporting for our Company (as defined in Rule 13a-15(f)
under the Exchange Act). Internal control over financial reporting refers to a
process designed by, or under the supervision of, our Chief Executive Officer
and our Chief Financial Officer and effected by our Board and management, to
provide reasonable assurance regarding the reliability of financial reporting
and the preparation of financial statements for external purposes in accordance
with accounting principles generally accepted in the United States of America,
including those policies and procedures that:

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| |   |                                                                                                                                                                                                                                                                                                                              
| | - | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| | - | pertain to maintenance of
  records that, in reasonable detail, accurately and fairly reflect the
  transactions and dispositions of our assets;                                                                                                                                                                             
| |   |                                                                                                                                                                                                                                                                                                                              
| | - | provide reasonable
  assurance that transactions are recorded as necessary to permit preparation
  of financial statements in accordance with generally accepted accounting  principles, and that our 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 our consolidated financial
  statements.                                                                                                      

Because
of its inherent limitations, internal control over financial reporting is not
intended to provide absolute assurance of the prevention or detection of
misstatements. Therefore, even those systems determined to be effective can
provide only reasonable assurance of achieving their control objectives. In
addition, projections of any evaluation of effectiveness to future periods are
subject to risk that controls may become inadequate because of changes in
conditions, or that the degree of compliance with the policies or procedures
may deteriorate.

This
annual report does not include a report of managements assessment regarding
internal control over financial reporting or an attestation report of the
Companys registered public accounting firm due to a transition period
established by rules of the Securities and Exchange Commission for newly public
companies.

Once
we achieve a sufficient flow of revenues from operations, the Company expects
to adopt an independent audit committee, which should enable the Companys
principal executive officers and financial officers to continue to maintain our
Company current pursuant to the Exchange Act and provide our Company with enhanced
design and operation of disclosure controls and procedure.

Changes in Internal Control over Financial Reporting

There
were no changes in our internal controls over financial reporting that have
occurred during the first fiscal quarter that have materially affected, or are
reasonably likely to materially affect our internal controls over financial
reporting.

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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.

|             |     |                                       
|------------ | --- | --------------------------------------
|             |     | THE
  PARKVIEW GROUP, INC.            
|             |     |                                       
|May 21, 2009 | By: | /s/ Richard B. Frost                  
|             |     |                                       
|             |     | Richard B. Frost,
  President         
|             |     | (Principal Executive
  Officer)       
|             |     |                                       
|May 21, 2009 | By: | /s/ Bert L. Gusrae                    
|             |     |                                       
|             |     | Bert L. Gusrae, Secretary,
  Treasurer
|             |     | (Principal Financial
  Officer)       

Pursuant
to the requirements of the Securities Exchange Act of 1934, this report has
been signed below by the following persons on behalf of the registrant and in
the capacities and on the dates indicated.

|             |                           
|------------ | --------------------------
|May 21, 2009 | /s/ Richard B. Frost      
|             |                           
|             | Richard B. Frost, Director
|             |                           
|May 21, 2009 | /s/ Mark J. Hanna         
|             |                           
|             | Mark J. Hanna, Director   
|             |                           
|May 21, 2009 | /s/ Bert L. Gusrae        
|             |                           
|             | Bert L.
  Gusrae, Director

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