UNITED ~~STATESSECURITIES~~STATES ~~AND EXCHANGE COMMISSION Washington, D.C. 20549~~

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 10-Q

(Mark One)

~~[X]~~x QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended November ~~May 31~~30, 2011

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

For the transition period from ~~__________to~~__________ to __________

Commission file number 333-102945

JETBLACK CORP.

~~JETBLACK CORP.~~(Exact name of small business issuer as specified in its charter)

Nevada		98-0379431
(State or other jurisdiction of incorporation or organization)		(IRS Employer Identification No.)

Suite #219 10654 - 82 Avenue, Edmonton, Alberta T6E 2A7

~~Suite #219 10654 - 82 Avenue, Edmonton, Alberta T6E 2A7~~(Address of principal executive offices)

780.710.9840

~~780.710.9840~~(Issuer's telephone number)

N/A

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

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]~~ x No ~~[ ]~~ o

~~Large~~Indicate ~~accelerated~~by ~~filer~~check [mark ]whether ~~Accelerated~~the ~~filer~~registrant [has ]submitted ~~Non-accelerated~~electronically ~~filer~~and [posted ]on ~~(Do~~its ~~not~~corporate ~~check~~Web site, if aany, ~~smaller~~every ~~reporting~~Interactive ~~company~~Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) ~~Smaller~~during ~~reporting~~the ~~company~~preceding [X12 ]months (or for such shorter period that the registrant was required to submit and post such files). Yes x No o

~~APPLICABLE~~Large ~~ONLY~~accelerated TOfiler ~~CORPORATE~~o ~~ISSUERS~~Accelerated filer o Non-accelerated filer o Smaller reporting company x (Do not check if a smaller reporting company)

State the number of shares outstanding of each of the issuer's classes of common equity, as of the latest practicable date 66 67,~~963~~113,000 common shares issued and outstanding as of ~~July~~January 2017, ~~2011~~2012

Check whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). . Yes o ~~[ ]~~ No ~~[X]~~ x

JETBLACK CORP. ~~(A DEVELOPMENT STAGE COMPANY) CONSOLIDATED BALANCE SHEETS~~

	May 31,		August 31,
	2011		2010
	$		$
	(Unaudited)
ASSETS
CURRENT ASSETS
Cash	–		–
Total Current Assets	–		–
Total Assets	–		–
LIABILITIES AND SHAREHOLDERS’ DEFICIT
LIABILITIES
CURRENT LIABILITIES
Accounts payable and accrued liabilities	15,854		19,016
Shareholder advance	4,000		4,000
Total Current Liabilities	19,854		23,016
Total Liabilities	19,854		23,016
SHAREHOLDERS’ DEFICIT
Common stock, $.001 par value, 1,350,000,000 shares authorized, 66,963,000 and 152,612,700 shares issued and outstanding on May 31, 2011 and August 31, 2010 respectively	66,963		152,613
Additional paid in capital	77,487		(26,508	)
Subscription receivable	(12,822	)	(12,822	)
Deficit accumulated during the development stage	(151,482	)	(136,299	)
Total Shareholders’ Deficit	(19,854	)	(23,016	)
TOTAL LIABILITIES AND SHAREHOLDERS’ DEFICIT	–		–

(A DEVELOPMENT STAGE COMPANY)

CONSOLIDATED BALANCE SHEETS

	November 30, 2011 $			August 31, 2011 $
	(Unaudited)

ASSETS

CURRENT ASSETS

Cash		13,901			–

Total Current Assets		13,901			–

Total Assets		13,901			–

LIABILITIES AND SHAREHOLDERS’ EQUITY (DEFICIT)

LIABILITIES

CURRENT LIABILITIES

Accounts payable and accrued liabilities		8,805			19,380
Shareholder advance		4,910			4,910

Total Current Liabilities		13,715			24,290

Total Liabilities		13,715			24,290

SHAREHOLDERS’ EQUITY (DEFICIT)

Common stock, $.001 par value, 1,350,000,000 shares authorized, 66,963,000 shares issued and outstanding at November 30, 2011 and August 31, 2011		66,963			66,963
Additional paid in capital		107,487			77,487
Subscription Receivable		(12,822	)		(12,822	)
Deficit accumulated during the development stage		(161,442	)		(155,918	)

Total Shareholders’ Equity (Deficit)		186			(24,290	)

TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY (DEFICIT)		13,901			–

See accompanying notes to consolidated financial statements.

JETBLACK CORP. (A DEVELOPMENT STAGE COMPANY) CONSOLIDATED STATEMENTS OF OPERATIONS Three and Nine Months Ended May 31, 2011 and 2010 and the Period from April 17, 2002 (Inception) through May 31, 2011 (Unaudited)2

	Three Months		Three Months		Nine Months		Nine Months		April 17, 2002
	Ended		Ended		Ended		Ended		(Inception) to
	May 31, 2011		May 31, 2010		May 31, 2011		May 31, 2010		May 31, 2011
	$		$		$		$		$
REVENUE	–		–		–		–		7,569
COST OF GOODS SOLD	–		–		–		–		(1,333	)
GROSS PROFIT	–		–		–		–		6,236
EXPENSES
Inventory write-down	–		–		–		–		1,800
General and administrative	2,556		2,475		15,183		11,057		155,918
Total Expenses	2,556		2,475		15,183		11,057		157,718
Net Operating Loss	(2,556	)	(2,475	)	(15,183	)	(11,057	)	(151,482	)
NET LOSS	(2,556	)	(2,475	)	(15,183	)	(11,057	)	(151,482	)
NET PROFIT (LOSS) PER SHARE: BASIC AND DILUTED	(0.00	)	(0.00	)	(0.00	)	(0.00	)
WEIGHTED AVERAGE SHARES OUTSTANDING: BASIC AND DILUTED	127,955,326		152,612,700		144,496,962		152,030,282

JETBLACK CORP.

(A DEVELOPMENT STAGE COMPANY)

CONSOLIDATED STATEMENTS OF OPERATIONS

Three Months Ended November 30, 2011 and 2010 and

the Period from April 17, 2002 (Inception) through November 30, 2011

(Unaudited)

	Three Months Ended November 30, 2011			Three Months Ended November 30, 2010			April 17, 2002 (Inception) to November 30, 2011
	$			$			$

REVENUE		–			–			7,569

COST OF GOODS SOLD		–			–			(1,333	)

GROSS PROFIT		–			–			6,236

EXPENSES

Inventory write-down		–			–			1,400
General and administrative		5,524			2,251			166,278

Total Expenses		5,524			2,251			167,678

Net Operating Loss		(5,524	)		(2,251	)		(161,442	)

NET LOSS		(5,524	)		(2,251	)		(161,442	)

NET LOSS PER SHARE: BASIC AND DILUTED		(0.00	)		(0.00	)

WEIGHTED AVERAGE SHARES OUTSTANDING: BASIC AND DILUTED		66,963,000			152,612,700

See accompanying notes to the consolidated financial statements.

JETBLACK CORP. (A DEVELOPMENT STAGE COMPANY) CONSOLIDATED STATEMENTS OF CASH FLOWS Nine Months Ended May 31, 2011 and 2010 and the Period from April 17, 2002 (Inception) through May 31, 2011 (Unaudited)3

		Nine Months			Nine Months			April 17, 2002
		Ended			Ended			(Inception) to
		May 31, 2011			May 31, 2010			May 31, 2011
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$	(15,183	)	$	(11,057	)	$	(151,482	)
Adjustments to reconcile net loss to cash used by operating activities:
Common stock issued for services		–			–			655
Impairment		–			–			1,800
Change in current assets and liabilities
Inventory		–			–			(1,800	)
Accounts payable and accrued expenses		(3,162	)		(302	)		15,854
CASH FLOWS USED IN OPERATING ACTIVITIES		(18,345	)		(11,359	)		(134,973	)
CASH FLOWS FROM FINANCING ACTIVITIES:
Advances from shareholders		–			–			4,000
Proceeds from issuance of common stock		18,345			25,000			130,973
CASH FLOWS PROVIDED BY FINANCING ACTIVITIES		18,345			25,000			134,973
NET CHANGE IN CASH		–			13,641			–
Cash, beginning of period		–			4			–
Cash, end of period	$	–		$	13,645		$	–
SUPPLEMENTAL CASH FLOW INFORMATION
Interest paid	$	–		$	–		$	–
Income taxes paid	$	–		$	–		$	–
Non Cash Transaction
Issuance of common stock for subscription receivable	$	–		$	–		$	12,822

JETBLACK CORP.

(A DEVELOPMENT STAGE COMPANY)

CONSOLIDATED STATEMENTS OF CASH FLOWS

Three Months Ended November 30, 2011 and 2010 and

the Period from April 17, 2002 (Inception) through November 30, 2011

(Unaudited)

	Three Months Ended November 30, 2011			Three Months Ended November 30, 2010			April 17, 2002 (Inception) to November 30, 2011
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$	(5,524	)	$	(2,251	)	$	(161,442	)
Adjustments to reconcile net loss to cash used by
operating activities:
Common stock issued for services		–			–			655
Impairment		–			–			1,800
Change in current assets and liabilities
Inventory		–			–			(1,800	)
Accounts payable and accrued expenses		(10,575	)		2,251			8,805
CASH FLOWS USED IN OPERATING ACTIVITIES		(16,099	)		–			(151,982	)
CASH FLOWS FROM FINANCING ACTIVITIES:
Advances from shareholders		–			–			4,910
Proceeds from issuance of common stock		30,000			–			160,973
CASH FLOWS PROVIDED BY FINANCING ACTIVITIES		30,000			–			165,883
NET CHANGE IN CASH		13,901			–			13,901
Cash, beginning of period		–			–			–
Cash, end of period	$	13,901		$	–		$	13,901
SUPPLEMENTAL CASH FLOW INFORMATION
Interest paid	$	–		$	–		$	–
Income taxes paid	$	–		$	–		$	–
Non Cash Transaction Issuance of Common Stock for Subscription Receivable	$	–		$	–		$	12,822

See accompanying notes to the consolidated financial statements.

~~JETBLACK CORP. (A DEVELOPMENT STAGE COMPANY) Notes to the Consolidated Financial Statements (Unaudited)~~4

JETBLACK CORP.

(A DEVELOPMENT STAGE COMPANY)

Notes to the Consolidated Financial Statements

(Unaudited)

NOTE 1 - BASIS OF PRESENTATION

The accompanying unaudited interim consolidated financial statements of Jetblack Corp. (the "Company") have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules of the Securities and Exchange Commission ("SEC"), and should be read in conjunction with the audited financial statements and notes thereto contained in the Company's Form 10-K. In the opinion of management, all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of financial position and the results of operations for the interim periods presented have been reflected herein. The results of operations for interim periods are not necessarily indicative of the results to be expected for the full year. Notes to the financial statements which would substantially duplicate the disclosures contained in the audited financial statements for the most recent fiscal year ended August 31, ~~2010~~2011 as reported in Form 10-K, have been omitted.

NOTE 2 – SHAREHOLDER ADVANCE

During the year ended August 31, 2009 Ms. Avila, our former President and former majority shareholder, advanced $4,000 to the Company. There is no written loan agreement. Interest is accrued on these advances at the rate of 10% per annum. As at ~~May~~November 3130, 2011 the interest accrued on the advances is $1,~~062~~264. The advances and accrued interest are payable on demand and unsecured.

During the year ended August 31, 2011, Mr. Farnsworth, our President and majority shareholder, advanced $910 to the Company. There is no written loan agreement. The loan is interest free and is payable on demand and unsecured.

NOTE 3 – COMMON STOCK

During the year ended August 31, ~~2009~~2010, the Company ~~subscribed 450~~issued 1,500,000 common shares for ~~cash~~a ~~proceeds~~subscription of $1525,000. As ~~The~~at ~~shares~~August ~~were~~31, ~~issued~~2010, in$12,178 was paid for the subscription and the remaining $12,822 was paid on December ~~2010~~ 15, 2011.

During ~~the~~February ~~year ended August 31~~2011, ~~2010,~~ the Company ~~issued 1~~received $6,~~500,000~~950 ~~common~~in ~~shares~~gross proceeds for ~~a subscription of $25~~139,000. Ascommon atshares ~~August~~subscribed ~~31,~~at ~~2010,~~ $~~12,178~~0.05 ~~was~~per ~~paid~~share. ~~for~~These ~~the~~shares ~~subscription~~have ~~and~~not ~~the~~been ~~remaining $12,822 is recorded as a subscription receivable~~issued.

~~During~~On ~~the~~November ~~nine months ended May 31~~24, 2011, the Company ~~issued 227~~received $30,~~900~~000 as subscription for 150,000 common shares at $0.0520 per share. ~~for~~The ~~gross~~shares ~~proceeds~~were ofissued ~~$11~~on December 7,~~395~~ 2011.

~~During the nine months ended May 31, 2011, the Company received $6,950 in gross proceeds for 139,000 common shares subscribed at $0.05 per share. These shares have not been issued.~~5

~~On May~~ Item 2~~, 2011, the new director and president of the Company purchased 108,000,000 shares of the Company’~~. Management's ~~common~~Discussion ~~stock from the prior director~~ and ~~president~~Analysis ofor ~~the~~Plan ~~Company in a private, non-issuer transaction. As at May 2, 2011, the purchased shares represented approximately 70%~~ of ~~the Company’s issued and outstanding common stock~~Operation.

OnFORWARD-LOOKING May 4, 2011, the new director and president of the Company returned 86,327,600 shares of the Company’s common stock to treasury, as a result of which he owns 21,672,400 common shares of the Company representing approximately 32% of the Company’s issued and outstanding shares of common stock. The Company is currently evaluating if these change of control transactions will impact the Company’s ability to utilize the net operating loss in the future. STATEMENTS

~~Item~~This 2quarterly report contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These ~~Management~~statements relate to future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology such as "may", "should", "expects", "plans", "anticipates", "believes", "estimates", "predicts", "potential" or "continue" or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors, including the risks in the section entitled "Risk Factors", that may cause our or our industry's ~~Discussion~~actual ~~and~~results, ~~Analysis~~levels of activity, performance or ~~Plan~~achievements to be materially different from any future results, levels of ~~Operation~~activity, performance or achievements expressed or implied by these forward-looking statements.

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

~~This~~Our ~~quarterly~~financial ~~report contains forward-looking~~ statements ~~as that~~are ~~term~~stated ~~is defined~~ in ~~the~~United ~~Private~~States ~~Securities~~Dollars ~~Litigation~~(US$) ~~Reform~~and ~~Act~~are ofprepared ~~1995. These~~in ~~statements~~conformity ~~relate~~with togenerally ~~future~~accepted ~~events~~accounting orprinciples ~~our~~in ~~future~~the ~~financial~~United ~~performance.~~States ~~In some~~of ~~cases,~~America ~~you~~for ~~can~~interim ~~identify~~financial ~~forward-looking~~ statements. The byfollowing ~~terminology~~discussion ~~such as "may", "~~should", ~~"expects",~~be ~~"plans",~~read ~~"anticipates",~~in ~~"believes",~~conjunction ~~"estimates", "predicts",~~with ~~"potential"~~our orfinancial ~~"continue" or the negative of these terms or other comparable terminology. These~~ statements ~~are only predictions~~ and ~~involve known and unknown risks, uncertainties and other factors, including~~ the ~~risks~~related innotes ~~the section entitled "Risk Factors",~~ that ~~may~~appear ~~cause~~elsewhere ~~our~~in orthis ~~our~~quarterly industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statementsreport.

~~Although~~As weused ~~believe that the expectations reflected~~ in ~~the forward-looking~~this ~~statements~~quarterly ~~are reasonable~~report, wethe ~~cannot~~terms ~~guarantee future results~~"we", ~~levels~~ ~~of activity~~"us", ~~performance~~"our ~~or achievements. Except as required by applicable law~~company", ~~including~~and ~~the~~"Jetblack" ~~securities~~mean ~~laws~~Jetblack ~~of the United States~~Corp., weunless dootherwise ~~not intend~~indicated. All todollar ~~update~~amounts ~~any~~refer ~~of the forward-looking statements~~ to ~~conform~~US ~~these statements~~dollars tounless ~~actual~~otherwise ~~results~~indicated.

Our financial statements are stated in United States Dollars (US$) and are prepared in conformity with generally accepted accounting principles in the United States of America for interim financial statements. The following discussion should be read in conjunction with our financial statements and the related notes that appear elsewhere in this quarterly report.General

AsOur ~~used~~Business in– ~~this~~General ~~quarterly report, the terms "we", "us", "our company", and "Jetblack" mean Jetblack Corp., unless otherwise indicated. All dollar amounts refer to US dollars unless otherwise indicated.~~

~~General~~We were incorporated on April 17, 2002, under the laws of the State of Nevada. We have commenced limited operations, and have generated revenue of $7,569 to date. We are still a development stage corporation. On January 30, 2007, we approved a nine (9) for one (1) forward stock split of our authorized, issued and outstanding shares of common stock. The Company amended its Articles of Incorporation by the filing of a Certificate of Change with the Nevada Secretary of State wherein it stated that it would issue nine shares for every one share of common stock issued and outstanding immediately prior to the effective date of the forward stock split. The change in the Articles of Incorporation was effected with the Nevada Secretary of State on March 1, 2007. As a result, the authorized capital of our company increased from 25,000,000 to 225,000,000 shares of common stock with a par value of $0.001.

~~Our~~Effective ~~Business~~March –15, ~~General~~2010, the Company changed its name from Tortuga Mexican Imports Inc. to Jetblack Corp., by way of a merger with the Company’s wholly owned subsidiary Jetblack Corp., which was formed solely for the change of name.

We were incorporated on April 17, 2002, under the laws of the State of Nevada. We have commenced limited operations, and have generated revenue of $7,569 to date. We are still a development stage corporation. On January 30, 2007, we approved a nine (9) for one (1) forward stock split of our authorized, issued and outstanding shares of common stock. The Company amended its Articles of Incorporation by the filing of a Certificate of Change with the Nevada Secretary of State wherein it stated that it would issue nine shares for every one share of common stock issued and outstanding immediately prior to the effective date of the forward stock split. The change in the Articles of Incorporation was effected with the Nevada Secretary of State on March 1, 2007. As a result, the authorized capital of our company increased from 25,000,000 to 225,000,000 shares of common stock with a par value of $0.001. 6

Effective March 15, 2010, the Company ~~changed~~effected ~~its~~a ~~name~~six ~~from Tortuga~~(6) ~~Mexican~~for ~~Imports~~one ~~Inc.~~(1) tonew ~~Jetblack~~forward ~~Corp.,~~stock bysplit ~~way~~ of athe ~~merger~~Company’s ~~with~~authorized and issued and outstanding common stock. As a result, the Company’s ~~wholly~~authorized ~~owned~~capital ~~subsidiary~~increased ~~Jetblack~~from ~~Corp.~~225,000,000 ~~which~~to ~~was~~1,350,000,000 ~~formed~~shares, ~~solely~~and ~~for the~~outstanding ~~change~~shares increased from 25,435,450 shares of ~~name~~common stock to 152,612,700 shares of common stock, all with a par value of $0.001. The stock split is presented retroactively in these financial statements.

~~Effective~~On ~~March~~May 154, ~~2010~~2011, ~~the~~Nigel ~~Company~~Farnsworth ~~effected~~returned a86,327,600 ~~six (6) for one (1) new forward stock split~~ of ~~the~~his ~~Company’s~~common ~~authorized~~shares ~~and~~to ~~issued and outstanding common stock~~treasury. As aof ~~result,~~January ~~the Company’s authorized capital increased from 225~~16,~~000,000~~ ~~to 1~~2012,~~350,000,000~~ ~~shares,~~there ~~and~~are ~~outstanding shares increased from 25~~67,~~435~~113,~~450 shares of~~ 000 common ~~stock to 152,612,700~~ shares of ~~common stock,~~the ~~all~~Company ~~with~~issued aand ~~par value of $0~~outstanding.~~001. The stock split is presented retroactively in these financial statements.~~

Until March 15, 2010 we had launched our e-commerce site on the Internet for the purpose of engaging in the business of selling jewelry and crafts online. Our website was located at www.shoptortuga.com. Our initial website was located at www.tortuga-imports.com.

After reviewing the competitive market place of jewelry and giving consideration to the influx of much cheaper jewelry goods from areas such as China and Indonesia, management decided it was in the best interest of the Company to change business focus. Management has decided to commence work on developing an online reservation system to access numerous private jet aircraft, airports worldwide and a network of pre-approved, safety-checked operators. Management believes a strong market opportunity exists to develop such a business. Our name was changed to Jetblack Corp. to better reflect this change of business focus.

Properties

Our offices are located at Suite 219-10654 82nd Avenue SWNW, Edmonton, Alberta T6E 2A7. ~~We conduct all of our executive and administrative functions and ship our products to our customers from this facility.~~ Our office space is an office sharing arrangement being provided as an accommodation to us by a business associate of our former President, Ms. Avila.We are currently searching for new lease office and warehouse space. We will require a location that provides us with the space necessary for office administration. We anticipate locating a suitable facility in the near future. Our telephone number is (780) 710-9840.

History

From 1995 to 1997, Ms. Avila, our former President and director, traveled extensively throughout the country of Mexico. During this time, Ms. Avila came in contact with various producers of fine furniture, jewelry and Mexican crafts. Ms. Avila was impressed by the opportunity she saw to obtain exceptional Mexican furniture, jewelry and crafts and effect its reliable delivery to international buyers. Initially Ms. Avila was traveling throughout Mexico in pursuit of personal purchases. However, Ms. Avila soon realized that there was an opportunity to export these fine products abroad. Ms. Avila cultivated relationships and contacts with various producers throughout Mexico.

WeOn ~~raised~~May a3, ~~total~~2011, ofVanessa ~~$68~~Avila resigned as President,~~450~~ ~~pursuant~~Secretary toand ~~our~~Director ~~SB-2~~of ~~registration statement~~the Company. Effective May 3, ~~which~~2011, Nigel Farnsworth was ~~declared~~elected ~~effective~~Director onand ~~February~~appointed 22President, ~~2005.~~Secretary Weand ~~closed~~Treasurer of the ~~offering~~ onCompany. ~~August~~Mr. ~~22,~~Farnsworth ~~2005.~~is Ina ~~October~~graduate ~~2007,~~of ~~the~~The ~~Company~~School ~~received~~of ~~$15,000~~Business ~~for subscriptions~~at ~~for~~The ~~450~~University of Exeter in Exeter,~~000~~ ~~shares~~United ofKingdom and has been involved with numerous business ventures in the ~~Company’s~~both ~~common~~the ~~stock.~~United InKingdom ~~November 2008,~~and the ~~Company~~United ~~received~~States. ~~$15,000~~From ~~for~~2005 ~~subscriptions~~to ofthe ~~450~~present,~~000~~ ~~shares~~Mr. ~~These shares~~Farnsworth ~~were~~has ~~issued~~been ina ~~December~~principal ~~2010~~at Greenshoe Capital LLC.

OnWe ~~December~~remain ~~10, 2009, the Company issued 1,500,000 common shares for~~ a ~~subscription~~development ofstage ~~$25,000~~enterprise. ~~As of August 31, 2010, $12,178 was paid for the subscription and the remaining $12,822 was recorded as a subscription receivable.~~

~~During December 2010, the Company issued 227,900 common shares at $0.05 per share for gross proceeds of $11,395.~~7

~~During~~Current ~~February~~Business ~~2011, the Company received $6,950 in gross proceeds for 139,000 common shares subscribed at $0.05 per share. These shares have not been issued.~~Operations

~~Management~~We ~~did~~have ~~not~~recently ~~purchase~~changed ~~shares~~operations. We intend to develop an online reservation system to access to numerous private jet aircraft, airports worldwide and a network of pre-approved, safety-checked operators. We intend to develop a booking engine, which will provide real-time availability of small jets available for charter in ~~either~~certain ~~transaction~~areas and select the best option from the inventory of aircraft.

On May 3, 2011, Vanessa Avila resigned as President, Secretary and Director of the Company. Effective May 3, 2011, Nigel Farnsworth was elected Director and appointed President, Secretary and Treasurer of the Company. Mr. Farnsworth is a graduate of The School of Business at The University of Exeter in Exeter, United Kingdom and has been involved with numerous business ventures in the both the United Kingdom and the United States. From 2005 to the present, Mr. Farnsworth has been a principal at Greenshoe Capital LLC.Products

For the period ended November 30, 2011 we did not have a product line. We ~~remain~~are currently developing a ~~development~~booking ~~stage~~engine, ~~enterprise~~which will provide real-time availability of small jets available for charter in certain areas and select the best option from the inventory of aircraft.

~~Current~~Marketing, ~~Business~~Advertising ~~Operations~~and Promotion

We ~~have~~intend ~~recently~~to ~~changed~~pursue ~~operations.~~strategic advertising and marketing campaigns. We intend to ~~develop~~implement an aggressive online ~~reservation~~advertising ~~system~~and marketing campaign to ~~access~~increase awareness of our new name and business plan to ~~numerous~~acquire ~~private~~new ~~jet~~customers ~~aircraft~~through multiple channels, ~~airports worldwide~~including traditional and aonline ~~network~~advertising, direct marketing and expansion and strengthening of ~~pre-approved~~strategic relationships. Initially, ~~safety-checked~~we ~~operators.~~will Weconcentrate ~~intend~~our ~~to develop~~efforts aon ~~booking~~the ~~engine,~~sale of private jet flight reservations on our e-commerce website which we have yet to complete. We will ~~provide~~seek ~~real-time availability~~to ofpromote ~~small~~its ~~jets~~website ~~available~~and ~~for~~attract ~~charter~~visitors into ~~certain~~it ~~areas~~by becoming predominant on major search engines and ~~select~~banner ~~the best~~advertisements ~~option~~on ~~from~~highly ~~the~~trafficked ~~inventory~~web ofsites ~~aircraft~~that appeal to our target audience. In addition, we will promote our website and our products by conventional advertising and marketing.

~~Products~~Product Research and Development

~~For~~We anticipate ~~the~~that ~~period ended May 31, 2011~~ we ~~did~~will ~~not~~expend ~~have~~approximately ~~a product line. We are currently developing a booking engine~~$20,000 ~~which~~on ~~will~~research ~~provide real-time availability of small jets available for charter in certain areas~~ and ~~select~~development over the ~~best~~ ~~option~~twelve ~~from~~months ~~the~~ending ~~inventory~~November of30, ~~aircraft~~2012.

~~Marketing, Advertising and Promotion~~Employees

WeCurrently ~~intend~~there toare ~~pursue~~no ~~strategic~~full ~~advertising~~time ~~and~~or ~~marketing campaigns.~~part-time Weemployees ~~intend to implement an aggressive online advertising and marketing campaign to increase awareness~~ of our ~~new~~company. ~~name~~However, ~~and~~our ~~business plan to acquire new customers through multiple channels~~president, ~~including~~Nigel ~~traditional and online advertising~~Fransworth, ~~direct~~is ~~marketing~~a ~~and~~consultant ~~expansion and strengthening~~ of ~~strategic relationships~~our company. ~~Initially,~~We wedo ~~will~~not ~~concentrate~~expect ~~our~~an ~~efforts~~increase onin the ~~sale~~number of ~~private jet~~employees ~~flight~~over ~~reservations~~the onnext ~~our~~12 ~~e-commerce~~month ~~website which we have yet to complete~~period. We ~~will~~If ~~seek~~business tois ~~promote~~successful ~~its website~~ and ~~attract~~we ~~visitors~~experience torapid itgrowth, byour ~~becoming predominant~~current onofficers ~~major search engines~~ and ~~banner~~directors ~~advertisements~~may onbe ~~highly trafficked~~required ~~web~~to ~~sites~~hire ~~that~~new ~~appeal~~personnel to ~~our target audience. In addition~~improve, weimplement ~~will promote our website~~ and administer our ~~products~~operational, bymanagement, ~~conventional~~financial ~~advertising~~ and ~~marketing~~ accounting systems.

~~Product Research and Development~~8

WePurchase ~~anticipate~~or ~~that~~Sale weof ~~will expend approximately $20,000 on research and development over the twelve months ending May 31, 2012.~~Equipment

~~Employees~~In addition to purchasing computer and office equipment necessary for operating our business, intend to purchase computer software to develop a booking engine, which will provide real-time availability of small jets available for charter in certain areas and select the best option from the inventory of aircraft. We also intend to purchase a new domain over the twelve months ending November 30, 2012.

~~Currently~~Plan ~~there~~of ~~are~~Operations ~~no full time or part~~-~~time~~ ~~employees~~Next ~~of our company. However, our president, Nigel Farnsworth, is a consultant of our company. We do not expect an increase in the number of employees over the next~~ 12 month period. If business is successful and we experience rapid growth, our current officers and directors may be required to hire new personnel to improve, implement and administer our operational, management, financial and accounting systems.Months

~~Purchase~~We orhave ~~Sale~~commenced limited operations, and have generated revenue of ~~Equipment~~$7,569 to date. We are still a development stage corporation.

InWe ~~addition~~have torecently ~~purchasing~~changed ~~computer~~operations and ~~office~~management. We ~~equipment necessary~~intend ~~for~~to ~~operating~~develop ~~our~~an ~~business,~~online ~~intend~~reservation system to ~~purchase~~access ~~computer~~to ~~software~~numerous private jet aircraft, airports worldwide and a network of pre-approved, safety-checked operators. We intend to develop a booking engine, which will provide real-time availability of small jets available for charter in certain areas and select the best option from the inventory of aircraft. ~~We also intend to purchase a new domain over the twelve months ending May 31, 2012.~~

~~RISK~~Prior ~~FACTORS~~to this we launched our e-commerce site on the Internet for the purpose of engaging in the business of selling jewelry and crafts online. Our new website is located at www.shoptortuga.com. Our initial website was located at www.tortuga-imports.com.

~~Much~~Over of the ~~information~~next ~~included~~twelve inmonths ~~this~~we ~~quarterly~~intend report includes or is based upon estimates, projections or other "forward-looking statements". Such forward-looking statements include any projections or estimates made by us and our management in connection with our business operations. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions, or other future performance suggested herein. We undertake no obligation to ~~update~~ ~~forward-looking~~use ~~statements~~funds to ~~reflect~~develop ~~events~~our ornew ~~circumstances~~reservation ~~occurring after~~platform ~~the date of such statements. Such estimates, projections or other "forward-looking statements" involve various risks~~ and ~~uncertainties~~website ~~as outlined below. We caution readers of this quarterly report that important factors in some cases have affected~~ and, infor ~~the~~general ~~future, could materially affect actual results~~ and ~~cause~~administrative ~~actual results to differ materially from the results expressed in any such estimates~~expenditures, ~~projections~~as ~~or other "forward-looking statements". In evaluating us, our business and any investment in our business, readers should carefully consider the following factors.~~follows:

WeEstimated ~~may~~Funding ~~not~~Required beDuring ~~able to obtain~~ the ~~financing~~Next ~~and~~Twelve ~~capital required to maintain and grow our business.~~ Months

We have incurred a net loss of $15,183 for the nine Months ended May 31, 2011. As of May 31, 2011, we had an accumulated deficit of $151,482. There can be no assurance that we will generate significant revenues or achieve profitable operations. Our independent registered public accounting firm’s report on the August 31, 2010 financial statements included in our Form 10-K includes an explanatory paragraph which raises substantial doubt about our ability to continue as a going concern that our ability to continue our business is dependant upon our ability to obtain additional capital, among other things.

General and Administrative	$	50,000
Operations
Website Development and Promotion		20,000
Total	$	70,000

~~We are in the early stages of our growth and we have not earned significant revenue, which makes it difficult to evaluate whether we will operate profitably.~~9

WeFinancial ~~are in the early stages of the growth of our company. As a result~~Condition, weLiquidity ~~do not have a meaningful historical record of sales~~ and ~~revenues~~Capital ~~nor an established business track record. We have only recently begun to earn revenues.~~Resources

~~Unanticipated~~Our ~~problems,~~principal ~~expenses~~capital ~~and~~resources ~~delays~~have ~~are~~been ~~frequently encountered~~through inissuance ~~ramping up production and sales and developing new products, especially in the current stage~~ of ~~our~~common ~~business.~~stock ~~Our ability to continue to successfully develop, produce~~ and ~~sell~~shareholder ~~our products and to generate significant operating revenues will depend on our ability to, among other things:~~loans.

~~successfully~~At ~~market~~November 30, ~~distribute~~2011, ~~and~~there ~~sell~~was ~~our~~a ~~products~~working orcapital ~~enter~~of ~~into agreements with third parties to perform these functions on our behalf~~$186.

~~Given~~At ~~our~~November ~~limited operating history~~30, ~~lack of long-term sales history and other sources of revenue~~2011, ~~there~~our ~~can~~total becurrent noasset ~~assurance~~was ~~that~~cash ~~we will be able to achieve any~~ of ~~these goals and develop a sufficiently large customer base to be profitable~~$13,901.

~~The~~At ~~future~~November of30, our company will depend upon our ability to continue to obtain adequate orders for our products and prompt payment for our products. To the extent that we cannot achieve our plans and generate revenues which exceed expenses on a consistent basis and in a timely manner2011, our ~~business,~~ ~~results~~total ofcurrent ~~operations,~~liabilities ~~financial~~were ~~condition and prospects could be materially adversely affected~~$13,715.

WeThree ~~will~~months ~~depend~~ended onNovember ~~third~~30, ~~party~~2011 ~~providers to deliver our products in a timely manner~~ and ~~as such we are subject to delays which are out of our control and may lead to a loss of business.~~2010

~~Our~~For ~~product~~the ~~distribution~~three ~~will~~months ~~rely~~ended onNovember ~~third-party~~30, ~~aircraft providers.~~2011, ~~Lack~~we incurred expenditures of ~~availability~~$5,524 and ~~other~~posted ~~interruptions~~losses ~~may~~of ~~delay~~$5,524. For the ~~timely delivery~~three ofmonths ~~customer~~ended ~~orders~~November 30, 2010, we incurred expenditures of $2,251 and ~~customers~~posted ~~may~~losses ~~refuse~~of $2,251. From inception to ~~purchase~~November ~~our~~30, ~~products because~~2011, we incurred losses of ~~this~~$161,442. The ~~loss~~principal components of ~~convenience~~the losses for the three months ended November 30, 2011, were administrative expenses and accounting and audit fees.

~~Because~~Operating ~~our~~expenses ~~director~~for ~~has~~the athree ~~foreign~~months ~~addresses~~ending ~~this~~November ~~may create~~30, ~~potential~~2011, ~~difficulties~~were ~~relating~~$5,524 compared to ~~service~~operating ofexpenses ~~process~~for in the ~~event~~three ~~that you~~months ~~wish~~ended November 30, 2010 of $2,251. Operating expenses since inception to ~~serve~~November ~~her~~30, ~~with~~2011, ~~legal~~were ~~documents~~$167,678.

~~Our~~At ~~current~~November director and officer is not resident addresses in the United States. Because our officer and director has foreign addresses this may create potential difficulties relating to the service of legal or other documents on any of them in the event that you wish to serve them with legal documents. This is because the laws related to service of process may differ between Canada and the US. Similar difficulties could not be encountered in serving the company30, ~~proper~~2011, ~~since~~we ~~our~~had ~~registered~~cash ~~address~~of ~~is located in the United States at 880 - 50 West Liberty Street~~$13, ~~Reno, Nevada, 89501~~901.

~~Because~~We have recently changed operations and management. We intend to develop an online reservation system to access to numerous private jet aircraft, airports worldwide and a network of pre-approved, safety-checked operators. We intend to develop a booking engine, which will provide real-time availability of small jets available for charter in certain areas and select the ~~SEC~~best ~~imposes~~option from the inventory of aircraft. We will require additional financing before we generate significant revenues. We intend to raise the capital required to meet any additional needs through sales ~~practice requirements~~of onour ~~brokers~~securities ~~who~~in ~~deal~~secondary offerings or private placements. We have no agreements in ~~our~~place ~~shares~~to do this at this time. We completed a financing in 2005 from which ~~are~~we ~~penny~~raised ~~stocks~~$68,450 ~~some brokers~~pursuant ~~may~~to bean ~~unwilling~~SB-2 toregistration ~~trade~~statement, ~~them~~declared effective February 22, 2005, by selling 684,500 (pre-split) shares of common stock at a price of $0.10 ~~This~~per ~~means~~share. ~~that~~In ~~you~~October ~~may~~2007, ~~have~~the ~~difficulty in~~Company ~~reselling~~received ~~your~~$15,000 for subscriptions for 450,000 shares ~~and~~of ~~may~~the ~~cause~~Company’s common stock. In November 2008, the ~~price~~Company received $15,000 for subscriptions of 450,000 shares of the Company’s common stock. These shares ~~to decline~~were issued in December 2010.

Our shares qualify as penny stocks and are covered by Section 15(g) of the Securities Exchange Act of 1934 which imposes additional sales practice requirements on broker/dealers who sell our securities in this offering or in the aftermarket. For sales of our securities, the broker/dealer must make a special suitability determination and receive from you a written agreement prior to making a sale to you. Because of the imposition of the foregoing additional sales practices, it is possible that brokers will not want to make a market in our shares. This could prevent you from reselling your shares and may cause the price of the shares to decline.10

WeOn ~~need~~December to10, ~~continue~~2009 asthe Company issued 1,500,000 common shares for a ~~going~~subscription ~~concern~~of if$25,000. As ~~our~~of ~~business~~August ~~is to~~31, ~~succeed~~2010, if$12,178 wewas dopaid ~~not~~for wethe ~~will~~subscription goand ~~out~~the ofremaining ~~business~~$12,822 paid on December 15, 2011.

~~Our~~On ~~independent~~December ~~accountant's report to our audited financial statements for the year ended August 31~~10, 2010 ~~indicates that there are a number of factors that raise substantial doubt about our ability to continue as a going concern. Such factors identified in~~ the ~~report~~Company ~~are~~issued ~~our accumulated deficit since inception~~227,900 ~~our~~shares ~~failure~~at ~~to attain profitable operations and our dependence upon adequate financing to pay our liabilities~~$0.05 Ifper weshare ~~are~~for ~~not~~gross ~~able~~proceeds toof ~~continue as a going concern~~$11, ~~it is likely investors will lose their investments~~395.

~~The~~During ~~loss~~February of2011, ~~Mr.~~the ~~Farnsworth~~Company orreceived ~~other~~$6,950 ~~key~~in ~~management personnel~~gross ~~would~~proceeds ~~have~~for an139,000 ~~adverse~~common ~~impact~~shares onsubscribed ~~our~~at ~~future~~$0.05 ~~development~~per ~~and~~share. These ~~could impair~~shares ~~our~~have ~~ability~~not tobeen ~~succeed~~issued.

~~Our~~On ~~performance~~November is24, ~~substantially~~2011, ~~dependent upon~~ the ~~expertise of~~Company ~~our~~received ~~President~~$30,000 ~~Mr.~~from ~~Nigel~~subscriptions ~~Farnsworth,~~for ~~and other key management personnel~~150,000 ~~and our~~common ~~ability~~shares toat ~~continue to hire and retain personnel~~$0.20 ~~Mr.~~per ~~Farnsworth spends the majority of his working time working with our company~~share. ItThe ~~may~~shares ~~be difficult to find sufficiently qualified individuals to replace Mr. Farnsworth or other key management personnel if we~~ were toissued ~~lose any one or more of them. The loss of Mr. Farnsworth or any of our key management personnel could have a material adverse effect~~ on ~~our~~December ~~business~~7, ~~development, financial condition, and operating results~~2011.

WeManagement dodid not ~~maintain~~purchase ~~“key~~shares ~~person”~~in ~~life insurance on~~ any of ~~our directors~~the orforegoing ~~senior executive officers~~transactions.

WeThere are no assurances that we will be able to obtain additional funds required for our continued operations. In such event that we do not ~~expect~~raise tosufficient ~~declare~~additional funds by secondary offering or ~~pay~~private placement, we will consider alternative financing options, if any, ~~dividends~~or be forced to scale down or perhaps even cease our operations.

WeAPPLICATION ~~have~~OF ~~not~~CRITICAL ~~declared~~ACCOUNTING ~~or paid any dividends on our common stock since our inception, and we do not anticipate paying any such dividends for the foreseeable future.~~POLICIES

~~Plan~~Our unaudited consolidated financial statements and accompanying notes have been prepared in conformity with generally accepted accounting principles in the United States of ~~Operations~~America -for ~~Next~~interim 12financial ~~Months~~statements. Preparing financial statements requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenue, and expenses. These estimates and assumptions are affected by management's application of accounting policies. We believe that understanding the basis and nature of the estimates and assumptions involved with the following aspects of our financial statements is critical to an understanding of our financials.

~~We have commenced limited operations, and have generated revenue of $7,569 to date. We are still a development stage corporation.~~11

WeItem ~~have recently changed operations and management~~3. Quantitative ~~We intend to develop an online reservation system to access to numerous private jet aircraft, airports worldwide~~ and aQualitative ~~network~~Disclosures ofAbout ~~pre-approved,~~Market safety-checked operators. We intend to develop a booking engine, which will provide real-time availability of small jets available for charter in certain areas and select the best option from the inventory of aircraft. Risks

~~Prior~~As toa ~~this~~“smaller wereporting ~~launched~~company”, ~~our~~we ~~e-commerce~~are ~~site~~not onrequired ~~the~~to ~~Internet for~~provide the ~~purpose~~information ofunder ~~engaging~~this inItem ~~the business of selling jewelry and crafts online~~3. ~~Our new website is located at www.shoptortuga.com. Our initial website was located at www.tortuga-imports.com.~~

~~Over~~Item 4. Controls ~~the next twelve months we intend to use funds to develop our new reservation platform~~ and ~~website and for general and administrative expenditures, as follows:~~Procedures.

~~Estimated~~As ~~Funding~~required ~~Required~~by ~~During~~Rule 13a-15 under the ~~Next~~Exchange ~~Twelve Months~~Act, we have carried out an evaluation of the effectiveness of the design and operation of our company's disclosure controls and procedures as of the end of the period covered by this quarterly report, being November 30, 2011. This evaluation was carried out under the supervision and with the participation of our company's management, including our company's President, Treasurer and Director

General and Administrative	$	50,000
Operations
Website Development and Promotion		20,000
Total	$	70,000

(Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer). Based upon that evaluation, our company's President, Treasurer and Director (Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer) concluded that our company's disclosure controls and procedures are effective as at the end of the period covered by this report. There have been no significant changes in our company's internal controls or in other factors, which could significantly affect internal controls subsequent to the date we carried out our evaluation.

~~Financial~~Disclosure ~~Condition~~controls and procedures are controls and other procedures that are designed to ensure that information required to be disclosed in our company's reports filed or submitted under the Exchange Act is recorded, ~~Liquidity~~processed, summarized and ~~Capital~~reported, ~~Resources~~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 our company's reports filed under the Exchange Act is accumulated and communicated to management, including our company's President, Treasurer and Director (Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer) as appropriate, to allow timely decisions regarding required disclosure.

~~Our~~There ~~principal~~have ~~capital~~been ~~resources~~no changes in our internal controls over financial reporting during the most recently completed fiscal quarter that have ~~been~~materially ~~through~~affected ~~issuance~~or ~~of common~~are ~~stock~~reasonably ~~and~~likely ~~shareholder~~to ~~loans~~materially affect the Company’s internal control over financial reporting.

~~At May 31, 2011, there was a working capital deficit of $19,854.~~12

AtPART ~~May~~II - OTHER ~~31, 2011, our total current assets were $0.~~INFORMATION

AtItem 1. Legal ~~May 31, 2011, our total current liabilities were $19,854~~Proceedings.

~~Three~~We ~~months~~know ~~ended~~of ~~May~~no 31material, ~~2011~~existing or pending legal proceedings against our company, nor are we involved as a plaintiff in any material proceeding or pending litigation. There are no proceedings in which any of our directors, officers or affiliates, or any registered or beneficial shareholder, is an adverse party or has a material interest adverse to our interest.

~~For~~Item ~~the three months ended May 31, 2011, we incurred expenditures of $2,556 and posted losses of $2,556~~1A. ~~For~~Risk the three months ended May 31, 2010, we incurred expenditures of $2,475 and posted losses of $2,475. From inception to May 31, 2011, we incurred losses of $151,482. The principal components of the losses for the three months ended May 31, 2011, were administrative expenses and accounting and audit fees.Factors

~~Operating~~Much ~~expenses~~of ~~for~~ the ~~three~~information ~~months~~included ~~ending~~in ~~May~~this 31quarterly report includes or is based upon estimates, ~~2011~~projections or other "forward-looking statements". Such forward-looking statements include any projections or estimates made by us and our management in connection with our business operations. While these forward-looking statements, ~~were~~ $2and any assumptions upon which they are based,~~556~~ ~~compared~~are tomade ~~operating~~in ~~expenses~~good ~~for~~faith ~~the~~and ~~three~~reflect ~~months~~our ~~ended~~current ~~May~~judgment ~~31, 2010~~regarding the direction of $2our business,~~475.~~ ~~Operating~~actual ~~expenses~~results ~~since~~will ~~inception~~almost toalways ~~May~~vary, 31sometimes materially, ~~2011~~from any estimates, ~~were $157~~predictions,~~718~~ projections, assumptions, or other future performance suggested herein. We undertake no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of such statements.

~~Nine~~Such ~~Months~~estimates, ~~ended~~projections ~~May~~or 31other "forward-looking statements" involve various risks and uncertainties as outlined below. We caution readers of this quarterly report that important factors in some cases have affected and, ~~2011~~in the future, could materially affect actual results and cause actual results to differ materially from the results expressed in any such estimates, projections or other "forward-looking statements". In evaluating us, our business and any investment in our business, readers should carefully consider the following factors.

~~For~~We ~~the~~may ~~nine~~not ~~months~~be ~~ended~~able ~~May~~to ~~31,~~obtain ~~2011, we incurred expenditures of $15,183 and posted losses of $15,183. For~~ the ~~nine~~financing ~~months ending May 31, 2010, we incurred expenditures of $11,057~~ and ~~posted~~capital ~~losses~~required ~~of $11,057. From inception~~ to ~~May~~maintain ~~31, 2011, we incurred losses of $151,482 The principal components of the losses for the nine months ended May 31, 2011, were administrative expenses~~ and ~~accounting~~grow ~~and~~our ~~audit fees~~business.

~~Operating~~We ~~expenses~~have incurred a net loss of $5,524 for the ~~nine~~three months ~~ending~~ended ~~May~~November 3130, 2011. As of November 30, ~~were~~ 2011, we had an accumulated deficit of $15161,~~183~~442. ~~compared~~There tocan ~~operating~~be ~~expenses~~no ~~for~~assurance ~~the~~that ~~nine~~we ~~months~~will ~~ending~~generate ~~May~~significant ~~31, 2010~~revenues ofor ~~$11,057~~achieve profitable operations. ~~Operating~~Our ~~expenses~~independent ~~since~~registered ~~inception~~public toaccounting ~~May~~firm’s report on the August 31, 2011, ~~were $157~~financial statements included in our Form 10-K includes an explanatory paragraph which raises substantial doubt about our ability to continue as a going concern that our ability to continue our business is dependent upon our ability to obtain additional capital,~~718~~ among other things.

AtWe ~~May~~are ~~31,~~in ~~2011,~~the early stages of our growth and we ~~had~~have ~~cash~~not ofearned ~~$0.~~significant revenue, which makes it difficult to evaluate whether we will operate profitably.

We ~~will~~are ~~require~~in ~~additional~~the ~~financing~~early ~~before~~stages weof ~~generate significant revenues. We intend to raise~~ the ~~capital~~growth ~~required to meet any additional needs through sales~~ of our ~~securities in secondary offerings or private placements~~company. WeAs ~~have~~a noresult, ~~agreements~~we ~~in place to~~ do ~~this~~not athave ~~this time. We completed~~ a ~~financing~~meaningful inhistorical ~~2005~~record ~~from~~of ~~which~~sales weand ~~raised~~revenues ~~$68,450~~nor ~~pursuant to~~ an ~~SB-2 registration~~established ~~statement,~~business ~~declared~~track ~~effective February 22, 2005, by selling 684,500 (pre-split) shares of common stock at a price of $0~~record.10 ~~per~~We ~~share.~~have Inonly ~~October 2007,~~recently ~~the~~begun ~~Company~~to ~~received~~earn ~~$15,000 for subscriptions for 450,000 shares of the Company’s common stock~~revenues. ~~In November 2008, the Company received $15,000 for subscriptions of 450,000 shares of the Company’s common stock. These shares were issued in December 2010.~~

We have recently changed operations and management. We intend to develop an online reservation system to access to numerous private jet aircraft, airports worldwide and a network of pre-approved, safety-checked operators. We intend to develop a booking engine, which will provide real-time availability of small jets available for charter in certain areas and select the best option from the inventory of aircraft. 13

OnUnanticipated ~~December 10~~problems, ~~2009~~expenses ~~the~~and ~~Company~~delays ~~issued~~are 1frequently encountered in ramping up production and sales and developing new products,~~500,000~~ ~~common~~especially ~~shares for~~in athe ~~subscription~~current stage of ~~$25,000~~our business. AsOur ofability ~~August~~to ~~31,~~continue ~~2010,~~to ~~$12~~successfully develop,~~178~~ ~~was~~produce ~~paid~~and ~~for~~sell ~~the subscription~~our products and ~~the~~to ~~remaining~~generate ~~$12,822~~significant ~~was~~operating ~~recorded~~revenues aswill adepend ~~subscription receivable.~~on our ability to, among other things:

On• ~~December~~successfully 10market, ~~2010~~distribute ~~the~~and ~~Company~~sell ~~issued~~our ~~227,900~~products ~~shares~~or atenter ~~$0.05 per~~into ~~share~~agreements ~~for~~with ~~gross~~third ~~proceeds~~parties ofto ~~$11,395.~~perform these functions on our behalf.

~~During~~Given ~~February~~our ~~2011~~limited operating history, ~~the~~lack ~~Company~~of ~~received~~long-term ~~$6,950~~sales inhistory ~~gross proceeds~~and ~~for~~other ~~139~~sources of revenue,~~000~~ ~~common~~there ~~shares~~can ~~subscribed~~be atno ~~$0.05~~assurance ~~per~~that ~~share.~~we ~~These~~will ~~shares have~~be ~~not~~able ~~been~~to ~~issued~~achieve any of these goals and develop a sufficiently large customer base to be profitable.

~~There~~The ~~are~~future noof ~~assurances~~our ~~that~~company we will bedepend ~~able~~upon our ability to continue to obtain ~~additional~~ ~~funds~~adequate ~~required~~orders for our ~~continued~~products ~~operations~~and prompt payment for our products. InTo ~~such~~the ~~event~~extent that we ~~do not~~cannot ~~raise~~achieve ~~sufficient~~our ~~additional~~plans ~~funds~~and bygenerate ~~secondary~~revenues ~~offering~~which orexceed ~~private placement,~~expenses weon ~~will~~a ~~consider~~consistent ~~alternative~~basis ~~financing~~and ~~options~~in a timely manner, ifour ~~any~~business, orresults beof ~~forced to~~operations, ~~scale~~financial ~~down~~condition orand ~~perhaps~~prospects ~~even~~could ~~cease~~be ~~our~~materially ~~operations~~adversely affected.

~~APPLICATION~~We OFwill ~~CRITICAL~~depend ~~ACCOUNTING~~on ~~POLICIES~~third party providers to deliver our products in a timely manner and as such we are subject to delays which are out of our control and may lead to a loss of business.

Our ~~unaudited~~product ~~financial~~distribution ~~statements~~will ~~and~~rely ~~accompanying~~on ~~notes~~third-party ~~have been~~aircraft ~~prepared in conformity with generally accepted accounting principles in the United States of America for interim financial statements~~providers. ~~Preparing~~Lack ~~financial statements requires management to make estimates and assumptions that affect the reported amounts~~ of ~~assets,~~availability ~~liabilities, revenue,~~ and ~~expenses.~~other ~~These~~interruptions ~~estimates and~~may ~~assumptions~~delay ~~are affected by management's application of accounting policies. We believe that understanding~~ the ~~basis~~timely ~~and~~delivery ~~nature~~ of ~~the~~customer ~~estimates~~orders, and ~~assumptions~~ ~~involved~~customers ~~with~~may ~~the~~refuse ~~following~~to ~~aspects~~purchase of our ~~financial~~products ~~statements~~because ~~is critical~~of tothis anloss ~~understanding~~ of ~~our financials~~convenience.

~~Item~~Because 3.our ~~Quantitative~~director ~~and~~has ~~Qualitative~~a ~~Disclosures~~foreign ~~About~~addresses ~~Market~~this ~~Risks~~may create potential difficulties relating to service of process in the event that you wish to serve her with legal documents.

AsOur acurrent ~~“smaller~~director ~~reporting~~and officer is not resident addresses in the United States. Because our officer and director has foreign addresses this may create potential difficulties relating to the service of legal or other documents on any of them in the event that you wish to serve them with legal documents. This is because the laws related to service of process may differ between Canada and the US. Similar difficulties could not be encountered in serving the company”, weproper, ~~are~~since ~~not~~our ~~required~~registered ~~to provide~~address is located in the ~~information~~United ~~under~~States ~~this~~at ~~Item~~880 3- 50 West Liberty Street, Reno, Nevada, 89501.

~~Item~~Because 4the SEC imposes additional sales practice requirements on brokers who deal in our shares which are penny stocks, some brokers may be unwilling to trade them. ~~Controls~~This means that you may have difficulty in reselling your shares and ~~Procedures~~may cause the price of the shares to decline.

AsOur ~~required~~shares byqualify ~~Rule~~as ~~13a-15~~penny ~~under~~stocks ~~the~~and ~~Exchange~~are ~~Act,~~covered weby ~~have carried~~Section ~~out~~15(g) ~~an evaluation~~ of the ~~effectiveness~~Securities ofExchange ~~the~~Act ~~design and operation~~ of ~~our~~ ~~company's~~1934 ~~disclosure~~which ~~controls~~imposes ~~and~~additional ~~procedures~~sales aspractice ofrequirements ~~the~~on ~~end~~broker/dealers ofwho ~~the~~sell ~~period covered~~our bysecurities in this ~~quarterly~~offering ~~report,~~or ~~being~~in ~~May~~the ~~31, 2011~~aftermarket. ~~This~~For ~~evaluation~~sales ~~was carried out under the supervision and with the participation~~ of our ~~company's management~~securities, ~~including~~the ~~our~~broker/dealer ~~company's~~must ~~president~~make ~~and~~a ~~chief~~special ~~executive~~suitability ~~officer.~~determination ~~Based upon~~and ~~that~~receive ~~evaluation,~~from ~~our~~you ~~company's~~a ~~president~~written ~~and~~agreement ~~chief~~prior ~~executive~~to ~~officer concluded~~making ~~that~~a ~~our~~sale ~~company's~~to ~~disclosure~~you. ~~controls~~Because ~~and~~of ~~procedures are effective as at~~ the ~~end~~imposition of the ~~period~~foregoing ~~covered~~additional bysales ~~this~~practices, ~~report.~~it ~~There~~is ~~have~~possible ~~been~~that nobrokers ~~significant changes~~will innot ~~our~~want ~~company's~~to ~~internal~~make ~~controls~~a ormarket in ~~other~~our ~~factors,~~shares. ~~which~~This could ~~significantly~~ ~~affect~~prevent ~~internal~~you ~~controls~~from ~~subsequent~~reselling toyour shares and may cause the ~~date~~price weof ~~carried~~the ~~out~~shares ~~our evaluation~~to decline.

Disclosure controls and procedures are controls and other procedures that are designed to ensure that information required to be disclosed in our company's 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 our company's reports filed under the Exchange Act is accumulated and communicated to management, including our company's president and chief executive officer as appropriate, to allow timely decisions regarding required disclosure.14

~~There~~We ~~have~~need ~~been~~to nocontinue ~~changes~~as ina ~~our~~going ~~internal~~concern ~~controls~~if ~~over financial~~our ~~reporting~~business ~~during~~is ~~the~~to ~~most~~succeed, ~~recently~~if ~~completed~~we ~~fiscal~~do ~~quarter~~not ~~that~~we ~~have materially~~will ~~affected~~go orout ~~are~~of ~~reasonably likely to materially affect the Company’s internal control over financial reporting~~business.

~~PART~~Our IIindependent -accountant's ~~OTHER~~report ~~INFORMATION~~to our audited consolidated financial statements for the year ended August 31, 2011 indicates that there are a number of factors that raise substantial doubt about our ability to continue as a going concern. Such factors identified in the report are our accumulated deficit since inception, our failure to attain profitable operations and our dependence upon adequate financing to pay our liabilities. If we are not able to continue as a going concern, it is likely investors will lose their investments.

~~Item~~The 1loss of Mr. ~~Legal~~Farnsworth ~~Proceedings~~or other key management personnel would have an adverse impact on our future development and could impair our ability to succeed.

WeOur ~~know~~performance is substantially dependent upon the expertise of noour ~~material~~President, ~~existing~~Mr. orNigel ~~pending~~Farnsworth, ~~legal~~and ~~proceedings against~~other ~~our~~key ~~company~~management personnel, ~~nor~~and ~~are~~our weability ~~involved~~to ascontinue ato ~~plaintiff~~hire inand ~~any~~retain ~~material proceeding~~personnel. orMr. ~~pending~~Farnsworth ~~litigation.~~spends ~~There~~the ~~are~~majority noof ~~proceedings~~his inworking ~~which~~time ~~any~~working ofwith our ~~directors,~~ ~~officers~~company. orIt ~~affiliates,~~may be difficult to find sufficiently qualified individuals to replace Mr. Farnsworth or other key management personnel if we were to lose any ~~registered~~one or ~~beneficial~~more ~~shareholder, is~~of anthem. ~~adverse~~The ~~party~~loss of Mr. Farnsworth or ~~has~~any of our key management personnel could have a material ~~interest~~ adverse toeffect on our ~~interest~~business, development, financial condition, and operating results.

~~Item~~We 2.do ~~Unregistered~~not ~~Sales~~maintain of“key ~~Equity~~person” ~~Securities~~life ~~and~~insurance ~~Use~~on any of ~~Proceeds~~our directors or senior executive officers.

~~None~~We do not expect to declare or pay any dividends.

~~Item~~We 3.have ~~Defaults~~not ~~Upon~~declared ~~Senior~~or ~~Securities~~paid any dividends on our common stock since our inception, and we do not anticipate paying any such dividends for the foreseeable future.

~~None~~15

Item 42. Unregistered ~~Submission~~Sales of ~~Matters~~Equity toSecurities aand ~~Vote~~Use of ~~Security Holders~~Proceeds

None.

Item 53. Defaults ~~Other~~Upon ~~Information~~Senior Securities

None.

Item 64. (Removed ~~Exhibits.~~and Reserved)

~~Exhibits required by~~ Item ~~601~~5. Other ~~of Regulation S-K~~Information

Exhibits
3.1	Articles of Incorporation (incorporated by reference from our Registration Statement on Form SB- 2, filed on February 4, 2003).
3.2	By-laws (incorporated by reference from our Registration Statement on Form SB-2, filed on February 4, 2003).
4.1	Specimen Stock Certificate (incorporated by reference from our Registration Statement on Form SB-2, filed on February 4, 2003).
31.1	Section 302 Certification
32.1	Section 906 Certification

None.

~~SIGNATURES~~16

~~In accordance with the requirements of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized~~Item 6. Exhibits.

	JETBLACK CORP.
	/s/ Nigel Farnsworth
Date: July 20, 2011	Nigel Farnsworth, President and CEO (Principal
	Executive Officer) and Principal Accounting Officer

Exhibits required by Item 601 of Regulation S-K

Exhibits		Description

3.1		Articles of Incorporation (incorporated by reference from our Registration Statement on Form SB-2, filed on February 4, 2003).

3.2		By-laws (incorporated by reference from our Registration Statement on Form SB-2, filed on February 4, 2003).

4.1		Specimen Stock Certificate (incorporated by reference from our Registration Statement on Form SB-2, filed on February 4, 2003).

31.1		Section 302 Certification

32.1		Section 906 Certification

101.INS **		XBRL Instance Document

101.SCH **		XBRL Taxonomy Extension Schema Document

101.CAL **		XBRL Taxonomy Extension Calculation Linkbase Document

101.DEF **		XBRL Taxonomy Extension Definition Linkbase Document

101.LAB **		XBRL Taxonomy Extension Label Linkbase Document

101.PRE **		XBRL Taxonomy Extension Presentation Linkbase Document

** XBRL (Extensible Business Reporting Language) information is furnished and not filed or a part of a registration statement or prospectus for purposes of Sections 11 or 12 of the Securities Act of 1933, as amended, is deemed not filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and otherwise is not subject to liability under these sections.

SIGNATURES

In accordance with the requirements of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	JETBLACK CORP.

Date: January 17, 2012	By:	/s/ Nigel Farnsworth
		Nigel Farnsworth,
		President, Treasurer, Chief Executive Officer, Chief Financial Officer and Director
		(Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer)

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