United States

Securities and Exchange Commission

Washington, D.C. 20549

Form 10-Q

QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarter ended: December 31, 2008

Commission file no.: 000-51585

CLAIRE COAST CORPORATION

(Name of Small Business Issuer in its Charter)

Nevada	84-1397708
(State or other jurisdiction of	(I.R.S.Employer
incorporation or organization)	Identification No.)

3011 Yamato Rd, A-17
Boca Raton, FL	33434
(Address of principal executive offices)	(Zip Code)

Issuer’s telephone number: (561) 988 – 9662

Securities registered under Section 12(b) of the Act:

	Name of each exchange
Title of each class	on which registered
None	None

Securities registered under Section 12(g) of the Act:

Common Stock, no par value per share

(Title of class)

Indicate by Check whether the issuer (1) filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the past 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes [X] No [_]

Indicate by check mark whether the registrant is an accelerated filer, a non-accelerated filer, or a smaller reporting company.

	Large accelerated filer \|_\|	Accelerated filer \|_\|
	Non-accelerated filer \|_\|	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).

| X | Yes | | No

APPLICABLE ONLY TO CORPORATE ISSUERS:

State the number of shares outstanding of each of the issuer's classes of common equity, as of the latest practicable date:

As of December 31, 2008, there were 1,076,250 shares of voting stock of the registrant issued and outstanding.

PART I

ITEM 1.

FINANCIAL STATEMENTS

INDEX TO FINANCIAL STATEMENTS

Balance Sheet	F-2

Statements of Operations	F-3

Statements of Stockholders’ Equity	F-4

Statements of Cash Flows	F-5

Notes to Financial Statement	F-6

CLAIRE COAST CORPORATION

(A Development Stage Enterprise)

Balance Sheet


	December 31, 2008			September 30, 2008
	(unaudited)
ASSETS
CURRENT ASSETS
Cash	$	0		$	0
Promissory note receivable		1,000,000			1,000,000

Total current assets		1,000,000			1,000,000

Total Assets	$	1,000,000		$	1,000,000

LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES
Accounts payable	$	0		$	0
Demand convertible note payable		1,000,000			1,000,000

Total current liabilities		1,000,000			1,000,000

Total Liabilities		1,000,000			1,000,000

STOCKHOLDERS’ EQUITY (DEFICIT)
Common stock, $0.001 par and no par value, authorized 500,000,000
shares; 1,076,250 issued and outstanding		1,076			1,076
Additional paid in capital in excess of par		9,311			9,311
Deficit accumulated during the development stage		(10,387	)		(10,387	)

Total stockholders’ equity (deficit)		0			0

Total Liabilities and Stockholders’ Equity (Deficit)	$	1,000,000		$	1,000,000

The accompanying notes are an integral part of the financial statements

F - 2

CLAIRE COAST CORPORATION

(A Development Stage Enterprise)

Statements of Operations

(unaudited)

	Three Months Ended December 31,				From Sept 1, 2005 (Inception) through
	2008		2007		December 31, 2008

Revenues	$	0	$	0	$	0

Expenses
Consulting		0		0		787
Other		0		0		875
Professional fees		0		0		7,425
Rent contributed by a related party		0		0		1,300

Total expenses		0		0		10,387

Net loss	$	0	$	0	$	(10,387	)

Loss per weighted average common share	$	0	$	0

Number of weighted average common shares outstanding		1,076,250		1,076,250

The accompanying notes are an integral part of the financial statements

F - 3

CLAIRE COAST CORPORATION

(A Development Stage Enterprise)

Statements of Stockholders’ Equity (Deficit)

	Number of Common Shares		Common Stock			Add’tl Paid in Capital in Excess of Par		Deficit Accumulated During the Development Stage			Total Stockholders’ Equity (Deficit)
INCEPTION BALANCE, September 1, 2005		0	$	0		$	0	$	0		$	0

Shares issued to officers		800,000		800			0		0			800
Sale of stock for cash		200,000		6,000			0		0			6,000
Office space rent contributed		0		100			0		0			100

Net loss		0		0			0		(2,900	)		(2,900	)

BALANCE, September 30, 2005		1,000,000		6,900			0		(2,900	)		4,000

Sale of stock for cash		50,000		1,500			0		0			1,500
Office space rent contributed		0		1,200			0		0			1,200
Net loss		0		0			0		(8,741	)		(8,741	)

BALANCE, September 30, 2006		1,050,000		9,600			0		(11,641	)		(2,041	)

Shares issued for services		26,250		787			0		0			787
Net loss		0		0			0		1,254			1,254

BALANCE, September 30, 2007		1,076,250		10,387			0		(10,387	)		0
Reorganization		0		(9,311	)		9,311		0			0
Net loss		0		0			0		0			0

BALANCE, September 30, 2008		1,076,250		1,076			9,311		(10,387	)		0
Net loss		0		0			0		0			0

ENDING BALANCE, December 31, 2008 (unaudited)		1,076,250	$	1,076		$	9,311	$	(10,387	)	$	0

The accompanying notes are an integral part of the financial statements

F - 4

CLAIRE COAST CORPORATION

(A Development Stage Enterprise)

Statements of Cash Flows

	Three Months Ended December 31,				From Sept 1, 2005 (Inception) through
	2008		2007		December 31, 2008
	(unaudited)		(unaudited)		(unaudited)

CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$	0	$	0	$	(10,387	)
Adjustments to reconcile net loss to net cash used by operating activities:
Stock issued for organizational costs		0		0		800
Stock issued for consulting services		0		0		787
Contributed rent expense		0		0		1,300
Changes in operating assets and liabilities
Increase (decrease) in accounts payable		0		0		0
Increase (decrease) in accrued liabilities		0		0		0

Net cash used by operating activities		0		0		(7,500	)

CASH FLOWS FROM FINANCING ACTIVITIES:
Cash contributed		0		0		0
Proceeds from issuance of common stock		0		0		7,500

Net cash provided by financing activities		0		0		7,500

Net increase (decrease) in cash		0		0		0

CASH, beginning of period		0		0		0

CASH, end of period	$	0	$	0	$	0

SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:

NONE

The accompanying notes are an integral part of the financial statements

F - 5

CLAIRE COAST CORPORATION

(A Development Stage Enterprise)

Notes to Financial Statements

(1) Summary of Significant Accounting Policies

The Company Claire Coast Corporation, (the Company), was incorporated on September 1, 2005, under the laws of the State of Colorado. On December 27, 2007 the Company reincorporated in Nevada.

The Company is a United States public company and is eligible for trading on the Over-the-Counter Bulletin Board, (OTC:BB), although no shares have been traded. The Company is available as a public shell to be acquired or to merge with another entity. The Company is considered to be in the development stage, and the accompanying financial statements represent those of a development stage company in accordance with SFAS No. 7, “Accounting and Reporting by Development Stage Enterprises.”

The following summarize the more significant accounting and reporting policies and practices of the Company:

a) Use of estimates The financial statements have been prepared in conformity with generally accepted accounting principles. In preparing the financial statements, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the statements of financial condition and revenues and expenses for the year then ended. Actual results may differ significantly from those estimates.

b) Start-Up costs Costs of start-up activities, including organization costs, are expensed as incurred, in accordance with Statement of Position (SOP) 98-5.

c) Net loss per share Basic loss per weighted average common share excludes dilution and is computed by dividing the net loss by the weighted average number of common shares outstanding during the period. The Company applies Statement of Financial Accounting Standards No. 128, “Earnings Per Share” (FAS 128).

d) Fair value of financial instruments The carrying values of cash and accrued liabilities approximate their fair values due to the short maturity of these instruments.

e) Income taxes The Company accounts for income taxes according to Statement of Financial Accounting Standards (SFAS) No. 109, “Accounting for Income Taxes”. Under the liability method specified by SFAS No. 109, deferred income taxes are recognized for the future tax consequences of temporary differences between the financial statement carrying amounts and tax bases of assets and liabilities.

f) Interim financial information The financial statements for the three months ended December 31, 2008 and 2007 are unaudited and include all adjustments which in the opinion of management are necessary for fair presentation, and such adjustments are of a normal and recurring nature. The results for the three months are not indicative of a full year results.

(2) Stockholders’ Equity The Company has authorized 500,000,000 shares of $0.001 par common stock. At December 31, 2008 and September 30, 2008 there were 1,076,250 sharesissued and outstanding. In the year ended September 30, 2006, the Company issued 26,250 shares of common stock to consultants in exchange for services rendered valued at $787, or $0.03 per share.

On December 27, 2007, the Company reincorporated in Nevada and increased the authorized common stock to 500,000,000common shares with a par value of $0.001 per share. The Company also eliminated the preferred stock in the reorganization.

F - 6

CLAIRE COAST CORPORATION

(A Development Stage Enterprise)

Notes to Financial Statements

(3) Income Taxes Deferred income taxes (benefits) are provided for certain income and expenses which are recognized in different periods for tax and financial reporting purposes. The Company had net operating loss carry-forwards for income tax purposes of approximately $10,500 expiring $1,646 and $8,741 at September 30, 2025 and 2026, respectively. The amount recorded as deferred tax asset as of December 31, 2008 is approximately $1,600, which represents the amount of tax benefit of the loss carry-forward.

Deferred tax assets are reduced by a valuation allowance if, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. Management’s valuation procedures consider projected utilization of deferred tax assets prospectively over the next several years, and continually evaluate new circumstances surrounding the future realization of such assets. The difference between income taxes and the amount computed by applying the federal statutory tax rate to the loss before income taxes is due to an increase in the deferred tax asset valuation allowance.

(4) Going Concern The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. The Company’s financial position and operating results raise substantial doubt about the Company’s ability to continue as a going concern, as reflected by the net loss of $10,500 accumulated from September 1, 2005 (Inception) through December 31, 2008. The ability of the Company to continue as a going concern is dependent upon commencing operations, developing sales and obtaining additional capital and financing. The financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern. The Company is currently seeking additional capital to allow it to begin its planned operations.

F - 7

ITEM 2.

MANAGEMENT’S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION

Results of Operations

The Company had no revenues for the three months ended December 31, 2008 and 2007, respectively.

The Company expended $0 and $0, for the three months ended December 31, 2008 and 2007, respectively, on general and administrative expenses.

Future expenditure levels are expected to be nominal, generally for the purpose of maintaining the Company's stockholder records and filing requirements to comply with the Securities Exchange Act of 1934 and for initiating the Company's current business plan, as discussed previously.

The Company does not expect to generate any meaningful revenue or incur operating expenses for purposes other than fulfilling the obligations of a reporting company under The Securities Exchange Act of 1934 unless and until such time that the Company's operating subsidiary begins meaningful operations.

On December 27, 2007, the Company reincorporated in Nevada and increased its authorized common shares from 20,000,000 to 500,000,000. In February 2007, the Company entered into a promissory note with a third party, convertible into common stock at the discretion of the lender, for $1,000,000, to be invested at the rate of $100,000 per month upon the Company either entering into an agreement for a reverse merger or the Company adopting and beginning a viable business plan.

Liquidity and Capital Resources

At December 31, 2008 and 2007, the Company had working capital of $0.

It is the intent of management and significant stockholders to provide sufficient working capital necessary to support and preserve the integrity of the corporate entity. However, there is no legal obligation for either management or significant stockholders to provide additional future funding. In February 2007, the Company entered into a promissory note with a third party, convertible into common stock at the discretion of the lender, for $1,000,000, to be invested at the rate of $100,000 per month upon the Company either entering into an agreement for a reverse merger or the Company adopting and beginning a viable business plan. Consequently, there is substantial doubt about the Company's ability to continue as a going concern, notwithstanding this funding just described.

The Company's need for capital may change dramatically as a result of the implementation of a business plan instead of a reverse merger.

- 8 -

Regardless of whether the Company's cash assets prove to be inadequate to meet the Company's operational needs, the Company might seek to compensate providers of services by issuances of stock in lieu of cash.

Net Operating Losses

The Company has net operating loss carry-forwards of $10,500, expiring beginning September 30, 2025. Until the Company’s current operations begin to produce earnings, it is unclear whether the Company can utilize such carry-forwards.

Plan of Operation

The Company is seeking either a viable business plan or a suitable reverse merger candidate.

Forward-Looking Statements

This Form 10-Q includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical facts, included or incorporated by reference in this Form 10-Q which address activities, events or developments which the Company expects or anticipates will or may occur in the future, including such things as future capital expenditures (including the amount and nature thereof), finding suitable merger or acquisition candidates, expansion and growth of the Company’s business and operations, and other such matters are forward-looking statements. These statements are based on certain assumptions and analyses made by the Company in light of its experience and its perception of historical trends, current conditions and expected future developments as well as other factors it believes are appropriate in the circumstances. However, whether actual results or developments will conform with the Company’s expectations and predictions is subject to a number of risks and uncertainties, general economic market and business conditions; the business opportunities (or lack thereof) that may be presented to and pursued by the Company; changes in laws or regulation; and other factors, most of which are beyond the control of the Company. Consequently, all of the forward-looking statements made in this Form 10-Q are qualified by these cautionary statements and there can be no assurance that the actual results or developments anticipated by the Company will be realized or, even if substantially realized, that they will have the expected consequence to or effects on the Company or its business or operations. The Company assumes no obligations to update any such forward-looking statements.

- 9 -

ITEM 4T.

CONTROLS AND PROCEDURES

As required by Rule 13a-15 under the Exchange Act, within the 90 days prior to the filing date of this report, the Company carried out an evaluation of the effectiveness of the design and operation of the Company's disclosure controls and procedures. This evaluation was carried out under the supervision and with the participation of the Company's management, including the Company's President, Chief Executive Officer and Chief Financial Officer. Based upon that evaluation, the Company's President, Chief Executive Officer and Chief Financial Officer concluded that the Company's disclosure controls and procedures are effective. There have been no significant changes in the Company's internal controls or in other factors, which could significantly affect internal controls subsequent to the date the Company carried out its evaluation.

Disclosure controls and procedures are controls and other procedures that are designed to ensure that information required to be disclosed in Company reports filed or submitted under the Exchange Act is recorded, processed, summarized and reported, within the time periods specified in the Securities and Exchange Commission's rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed in Company reports filed under the Exchange Act is accumulated and communicated to management, including the Company's Chief Executive Officer and Chief Financial Officer as appropriate, to allow timely decisions regarding required disclosure.

PART II- OTHER INFORMATION

ITEM 1.

LEGAL PROCEEDINGS.

The Company knows of no legal proceedings to which it is a party or to which any of its property is the subject which are pending, threatened or contemplated or any unsatisfied judgments against the Company.

- 10 -

ITEM 2.

CHANGES IN SECURITIES AND USE OF PROCEEDS

ITEM 3.

DEFAULTS IN SENIOR SECURITIES

None

ITEM 4.

SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.

No matter was submitted during the quarter ending December 31, 2008, covered by this report to a vote of the Company's shareholders, through the solicitation of proxies or otherwise.

ITEM 5.

OTHER INFORMATION

None

ITEM 6.

EXHIBITS AND REPORTS ON FORM 8-K

(a) The exhibits required to be filed herewith by Item 601 of Regulation S-K, as described in the following index of exhibits, are incorporated herein by reference, as follows:

Exhibit No. Description

31.1* Certification pursuant to Section 302 of Sarbanes-Oxley Act of 2002.

32.1* Certification pursuant to Section 906 of Sarbanes-Oxley Act of 2002.

* Filed herewith

(b) The following sets forth the Company's reports on Form 8-K that have been filed during the quarter for which this report is filed:

None.

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SIGNATURES

In accord with Section 13 or 15(d) of the Securities Act of 1933, as amended, the Company caused this report to be signed on its behalf by the undersigned, thereto duly authorized.

	CLAIRE COAST CORPORATION

Dated: July 15, 2009	By:	/s/ Barry A. Ginsberg
		Barry A. Ginsberg Chief Executive Officer, Chief Financial Officer

- 12 -

	Large accelerated filer \|_\|	Accelerated filer \|_\|
	Non-accelerated filer \|_\|	Smaller reporting company \|X\|

Claire Coast CORP 10-Q