UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) ~~OF THE SECURITIES EXCHANGE ACT OF 1934~~

~~For~~OF ~~the~~THE ~~quarterly~~SECURITIES ~~period~~EXCHANGE ~~ended~~ACT ~~September~~OF ~~30, 2011~~1934

~~o TRANSITION~~For ~~REPORT~~the ~~PURSUANT~~quarterly TOperiod ~~SECTION~~ended 13March OR31, ~~15(d) OF THE SECURITIES EXCHANGE ACT OF 1934~~2012

~~Commission~~TRANSITION ~~file~~REPORT ~~number:~~PURSUANT ~~333-137293~~TO SECTION 13 OR

15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

Commission file number 000-54155

Plaster Caster Inc

(Exact name of small business issuer as specified in its charter)

Michigan				26-3965422
(State or other jurisdiction of incorporation or organization)		(Primary Standard Industrial Classification Code Number)		(I.R.S. Employer Identification Code Number)

Michigan 26-3965422

---------------- ---------------------------- ----------------

(State or other (Primary Standard Industrial (I.R.S. Employer

jurisdiction of Classification Code Number) Identification

incorporation Code Number)

or organization)

1000 Country Club

Ann Arbor, MI 48103

(734) 719-0867

(Registrant’s telephone number, including area code)

Check whether the issuer (1) filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the last 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 o

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ~~o No~~ ox No

The number of shares of Common Stock, outstanding on was ~~500~~669,~~000~~850 shares as of ~~November~~ 18May 3, ~~2011.~~2012

Transitional Small Business Disclosure Format (check one): Yes o x No o

PART I – FINANCIAL INFORMATION

Item 1. Financial Statements.

Our financial statements included in this Form 10-Q are as follows:		~~Page~~
Balance Sheets as of September 30 , 2011 (unaudited) and December 31, 2010 (audited);			3
	Balance Sheets as of March 31, 2012 (unaudited) and December 31, 2011 (audited);
Statements of Opeartions for the three months September 30, 2011 and December 31, 2010			4
	Statements of Operations for the three months ended March 31, 2012 and March 31, 2011 and from Inception (April 19, 2007) to March 31, 2012.
Statement of Stockholders’ Deficit from Inception (April 19, 2007) to September 30, 2011 (unaudited);			5
	Statement of Stockholders’ Deficit from Inception (April 19, 2007) through March 31, 2012 (unaudited);
Statements of Cash Flows for the three months ended September 30, 2011, and for the Period from Inception (April 19, 2007) to September 30, 2011 (unaudited);			6
	Statements of Cash Flows for the three months ended March 31, 2012, and for the Period from Inception (April 19, 2007) to March 31, 2012 (unaudited);
~~Notes to Financial Statements;~~	Notes to Financial Statements;		7

These financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information and the SEC instructions to Form 10-Q. In the opinion of management, all adjustments considered necessary for a fair presentation have been included. Operating results for the interim periods ended ~~September~~ 30March 31, ~~2011~~ 2012 are not necessarily indicative of the results that can be expected for the full year.


PLASTER CASTER INC.
(A DEVELOPMENT STAGE COMPANY)
BALANCE SHEETS

	MARCH 31,	DECEMBER 31,
	2012	2011
	(Unaudited)	(Audited)
ASSETS

CURRENT
Cash	$ 1,133	$ 9,641
Subscription receivable	-	-
	1,133	9,641
FIXED - AT COST
Computer equipment	1,167	1,167
Less: Accumulated depreciation	(77)	(19)
	1,090	1,148

TOTAL ASSETS	$ 2,223	$ 10,789

LIABILITIES AND STOCKHOLDER EQUITY
LIABILITIES
Accounts payable	$ 2,400	$ 2,800
Due to shareholder	950	950
TOTAL LIABILITIES	3,350	3,750

STOCKHOLDER EQUITY
Commons shares, no par value, authorized - 5,000,000
- issued and outstanding - 669,850 (December 31, 2011 - 669,850)	17,485	17,485

Deficit accumulated during development stage	(18,612)	(10,446)
TOTAL STOCKHOLDER EQUITY	(1,127)	7,039

TOTAL LIABILITIES AND STOCKHOLDER EQUITY	$ 2,223	$ 10,789

PLASTER CASTER INC.
(A DEVELOPMENT STAGE COMPANY)
BALANCE SHEETS
	SEPTEMBER 30,			DECEMBER 31,
	2011			2010
	(Unaudited)			(Audited)
ASSETS
CURRENT
Cash	$	18		$	18
Subscription receivable		-			-
TOTAL ASSETS	$	18		$	18
LIABILITIES AND STOCKHOLDER EQUITY
LIABILITIES
Accounts payable	$	3,300		$	-
Due to shareholder		1,550			1,550
TOTAL LIABILITIES		4,850			1,550
STOCKHOLDER EQUITY
Commons shares, no par value, authorized - 1,000,000
- issued and outstanding - 500,000(December 31, 2010 - 500,000)		500			500
RETAINED EARNINGS(DEFICIT)		(5,332	)		(2,032	)
TOTAL STOCKHOLDER EQUITY		(4,832	)		(1,532	)
TOTAL LIABILITIES AND STOCKHOLDER EQUITY	$	18		$	18

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

Accompanying notes are the integral part of financial statements.


PLASTER CASTER INC.
(A DEVELOPMENT STAGE COMPANY)
STATEMENT OF OPERATIONS
(Unaudited)
			FROM
			INCEPTION
	THREE MONTHS ENDED		APRIL 19, 2007
	MARCH 31,		TO MARCH 31,
	2012	2011	2012

REVENUE	$ -	$ -	$ -

EXPENSES
General and administrative	8,166	-	18,612

Total Expenses	8,166	-	18,612

NET INCOME(LOSS)	$ (8,166)	$ -	$ (18,612)

WEIGHTED AVERAGE NUMBER OF SHARES
OUTSTANDING	570,267	500,000

NET INCOME(LOSS) PER SHARE	$ (0.01)	$ -

3The accompanying notes are an integral part of these financial statements.

PLASTER CASTER INC.
(A DEVELOPMENT STAGE COMPANY)
STATEMENT OF OPERATIONS
STATEMENT OF STOCKHOLDERS' EQUITY
(UNAUDITED)
FROM DECEMBER 31, 2009 TO MARCH 31, 2012
												FROM
(Unaudited)
												INCEPTION
		COMMON STOCK		ACCUMULATED
	THREE MONTHS ENDED						NINE MONTHS ENDED					APRIL 19, 2007
		SHARES	AMOUNT	DEFICIT	TOTALS
	SEPTEMBER 30,						SEPTEMBER 30,					TO SEPTEMBER
Balance - December 31, 2009		-	$ -	$ -	$ -
	2011				2010		2011			2010			30, 2011
Common shares issued for cash		500,000	500	-	500
REVENUE	$	-			$	-	$	-		$	-	$	-
Net loss - December 31, 2010		-	-	(2,032)	(2,032)
EXPENSES
Balance - December 31, 2010		500,000	500	(2,032)	(1,532)
General and administrative		1,200				-		3,300			-		5,332
Common shares issued for cash		169,850	16,985	-	16,985
Total Expenses		1,200				-		3,300			-		5,332
Net loss - December 31, 2011		-	-	(8,414)	(8,414)
NET INCOME(LOSS)	$	(1,200	)		$	-	$	(3,300	)	$	-	$	(5,332	)
Balance - December 31, 2011		669,850	17,485	(10,446)	7,039
WEIGHTED AVERAGE NUMBER OF SHARES
Net loss - March 31, 2012		-	-	(8,166)	(8,166)
OUTSTANDING		500,000				500,000		500,000			500,000
Balance - March 31, 2012		669,850	$ 17,485	$ (18,612)	$ (1,127)
NET INCOME(LOSS) PER SHARE	$	-			$	-	$	-		$	-

~~Accompanying~~The accompanying notes are ~~the~~an integral part of these financial statements.


PLASTER CASTER INC.
(A DEVELOPMENT STAGE COMPANY)
STATEMENT OF CASH FLOWS
(Unaudited)				FROM
				INCEPTION
		THREE MONTHS ENDED		APRIL 19, 2007
		MARCH 31,		TO MARCH 31,
		2012	2011	2012
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income(loss)		$ (8,166)	$ -	$ (18,612)
Adjustment to reconcile net loss to net cash
used in operating activities:				-
Issuance of common stock for services and expenses		-	-	500
Depreciation		58		77
Changes in operating assets and liabilities:
Accounts payable		(400)	-	2,400
Net cash used in operating activities		(8,508)	-	(15,635)
CASH FLOWS FROM FINANCING ACTIVITIES:
Advances (to)from an officer		-	-	950
Issuance of common stock		-	-	16,985
Net cash provided by financing activities		-	-	17,935

CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of computer equipment		-	-	(1,167)
Net cash used in investing activities		-	-	(1,167)

INCREASE (DECREASE) IN CASH		(8,508)	-	1,133

CASH, Beginning		9,641	-	-

CASH, End of year		$ 1,133	$ -	$ 1,133
SUPPLEMENTAL DISCLOSURES OF CASH FLOWS INFORMATION:
	Interest paid	$ -	$ -	$ -
	Income taxes paid	$ -	$ -	$ -

PLASTER CASTER INC.
(A DEVELOPMENT STAGE COMPANY)
STATEMENT OF STOCKHOLDERS' EQUITY
FROM DECEMBER 31, 2008 TO SEPTEMBER 30, 2011
(UNAUDITED)
	COMMON STOCK				ACCUMULATED
	SHARES		AMOUNT		DEFICIT			TOTALS
Balance - December 31, 2008		500,000	$	500	$	(500	)	$	-
Net loss - December 31, 2009		-		-		-			-
Balance - December 31, 2009		500,000		500		(500	)		-
Net loss - Decenber 31, 2010		-		-		(1,532	)		(1,532	)
Balance - December 31, 2010		500,000		500		(2,032	)		(1,532	)
Net income(loss) - September 30, 2011		-		-		(3,300	)		(3,300	)
Balance - September 30, 2011		500,000	$	500	$	(5,332	)	$	(4,832	)

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

~~Accompanying~~PLASTER ~~notes~~CASTER ~~are the integral part of financial statements~~INC.

5(A DEVELOPMENT STAGE COMPANY)

PLASTER CASTER INC.
(A DEVELOPMENT STAGE COMPANY)
STATEMENT OF CASH FLOWS
(UNAUDITED)						FROM
						INCEPTION APRIL 19, 2007
	NINE MONTHS ENDED					TO
	SEPTEMBER 30,					SEPTEMBER
	2011			2010			30, 2011
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income(loss)	$	(3,300	)	$	-	$	(5,332	)
Adjustment to reconcile net loss to net cash
used in operating activities:							-
Issuance of common stock for services and expenses		-			-		500
Changes in operating assets and liabilities:
Accounts payable		3,300			-		3,300
Net cash used in operating activities		-			-		(1,532	)
CASH FLOWS FROM FINANCING ACTIVITIES:
Advances from an officer		-			-		1,550
Issuance of common stock		-			-		-
Net cash provided by financing activities		-			-		1,550
INCREASE (DECREASE) IN CASH		-			-		18
CASH, Beginning of period		18			-		-
CASH, End of period	$	18		$	-	$	18
SUPPLEMENTAL DISCLOSURES OF CASH FLOWS INFORMATION:
Interest paid	$	-		$	-	$	-
Income taxes paid	$	-		$	-	$	-

Notes to Interim Financial Statements

~~Accompanying~~April ~~notes~~30, ~~are the integral part of financial statements.~~2012

6(Unaudited)

~~PLASTER~~Note ~~CASTER~~1 ~~INC.~~- Organization and Summary of Significant Accounting Policies:

~~(A DEVELOPMENT STAGE COMPANY)~~Organization:

~~Notes~~PLASTER CASTER INC. (the “Company”) was organized in the State of Michigan on April 19, 2007. The Company’s primary business activity is to ~~Interim~~acquire ~~Financial~~or ~~Statements~~commence a commercially viable operation

~~September~~The ~~30,~~Company’s ~~2011~~fiscal year end is December 31.

~~(Unaudited)~~Basis of Presentation – Development Stage Company:

~~Note~~The 1Company -has ~~Organization~~not ~~and~~earned ~~Summary~~any revenues from limited principal operations. Accordingly, the Company’s activities have been accounted for as those of ~~Significant~~a “Development Stage Enterprise” as set forth in Accounting ~~Policies:~~Standards Codification No. 915 “Development Stage Entities”(“ASC 915”). Among the disclosures required by ASC 915 are that the Company’s financial statements be identified as those of a development stage company, and that the statements of operations, stockholders’ equity (deficit) and cash flows disclose activity since the date of the Company’s inception.

~~Organization~~Basis of Accounting:

~~PLASTER~~The ~~CASTER~~accompanying ~~INC.~~financial (statements have been prepared on the ~~“Company”)~~accrual ~~was~~basis ~~organized~~of accounting in accordance with accounting principles generally accepted in the ~~State~~United ofStates. In ~~Michigan~~the onopinion ~~April~~of 19management, ~~2007~~these interim financial statements include all items that are necessary in order to make them not misleading. The ~~Company’~~financial statements have, in management's ~~primary~~opinion, ~~business~~been ~~activity~~properly isprepared towithin ~~acquire~~the orframework ~~commence~~of athe ~~commercially~~significant ~~viable~~accounting ~~operation~~policies summarized below:

~~The~~Cash ~~Company’s~~and ~~fiscal~~Cash ~~year end is December 31.~~Equivalents:

~~Basis~~The Company considers all highly liquid debt instruments, purchased with an original maturity of ~~Presentation~~three –months ~~Development~~or ~~Stage~~less, ~~Company:~~to be cash equivalents.

~~The~~Use ~~Company has not earned any revenues from limited principal operations. Accordingly, the Company’s activities have been accounted for as those~~ of a “Development Stage Enterprise” as set forth in Financial Accounting Standards Board Statement Standards Codification (“ASC”) Topic 915. Among the disclosures required are that the Company’s financial statements be identified as those of a development stage company, and that the statements of operations, stockholders’ equity (deficit) and cash flows disclose activity since the date of the Company’s inception.Estimates:

~~Basis~~These financial statements have been prepared in accordance with generally accepted accounting principles in the United States of ~~Accounting:~~America. Because a precise determination of assets and liabilities, and correspondingly revenues and expenses, depends on future events, the preparation of financial statements for any period necessarily involves the use of estimates and assumption

~~The~~an ~~accompanying~~example ~~financial~~being ~~statements~~assumptions ~~have~~in ~~been~~valuation ~~prepared~~of onstock ~~the~~options. ~~accrual~~Actual ~~basis~~amounts ofmay ~~accounting~~differ infrom ~~accordance~~these ~~with~~estimates. ~~accounting~~These ~~principles~~financial ~~generally~~statements ~~accepted~~have, in ~~the~~management's ~~United~~opinion, ~~States. In~~been ~~the~~properly ~~opinion~~prepared ofwithin ~~management~~reasonable ~~these~~limits ~~interim~~of ~~financial~~materiality ~~statements~~and ~~include~~within ~~all~~the framework of the ~~necessary~~accounting ~~adjustments~~policies tosummarized ~~make them not misleading~~below.

~~Cash~~Computer ~~and Cash Equivalents~~Equipment:

~~The~~Computer ~~Company~~equipment ~~considers~~is ~~all~~recorded ~~highly~~at ~~liquid~~cost. ~~debt~~Depreciation ~~instruments,~~is ~~purchased~~provided ~~with~~on ana ~~original~~straight-line ~~maturity~~basis ofover ~~three~~the ~~months~~estimated oruseful ~~less,~~life toof bethe ~~cash equivalents~~asset.

~~Use~~Net ofLoss ~~Estimates~~Per Share:

~~These~~Net ~~financial~~loss ~~statements~~per ~~have~~share ~~been~~is ~~prepared~~based inon ~~accordance with generally accepted accounting principles in~~ the ~~United~~weighted ~~States~~average ofnumber ~~America. Because a precise determination~~ of ~~assets~~common ~~and~~shares ~~liabilities,~~ and ~~correspondingly~~common ~~revenues~~shares ~~and~~equivalents ~~expenses,~~outstanding ~~depends~~during ~~on future events,~~ the ~~preparation of financial statements for any~~ period ~~necessarily involves the use of estimates and assumption an example being assumptions in valuation of stock options~~. Actual amounts may differ from these estimates. These financial statements have, in management's opinion, been properly prepared within reasonable limits of materiality and within the framework of the accounting policies summarized below.

7Other Comprehensive Income:

~~PLASTER~~The ~~CASTER~~Company ~~INC~~has no material components of other comprehensive income (loss), and accordingly, net income(loss) is equal to comprehensive loss in all periods.

(AStock-Based ~~DEVELOPMENT STAGE COMPANY)~~Compensation

~~Notes~~In toDecember ~~Interim~~2004, Financial ~~Statements~~Accounting Standards Board (FASB) issued Statement of Financial Accounting Standards No. 123 (Revised 2004), "Share-Based Payment" (SFAS 123 (R)). SFAS 123 (R) requires companies to recognize compensation cost for employee services received in exchange for an award of equity instruments based on the grant-date fair value of the award. The Company adopted the provisions of SFAS 123 (R) on January 1, 2005 using the "modified prospective" application method of adoption which requires the Company to record compensation cost related to unvested stock awards as of January 1, 2005 by recognizing the unamortized grant date fair value of these awards over the remaining service periods of those awards with no change in historical reported earnings. The adoption of this standard did not affect the financial statements for the three months ended March 31, 2012.

~~September~~As 30of March 31, ~~2011~~2012 there was $Nil of unrecognized expense related to non-vested stock-based compensation arrangements granted and no stock based compensation.

~~(Unaudited)~~Note 2 – Going Concern:

~~Net~~The ~~Loss~~accompanying ~~Per~~financial ~~Share:~~statements have been prepared assuming that the Company will continue as a going concern. As of March 31, 2012 has had no significant operations. As of March 31, 2012, the Company has not emerged from the development stage. In view of these matters, the Company’s ability to continue as a going concern is dependent upon the Company’s ability to commence a commercially viable operation and to achieve a level of profitability. The Company intends on financing its future development activities and its working capital needs largely from the sale of public equity securities with some additional funding from other traditional financing sources, including term notes until such time that funds provided by operations are sufficient to fund working capital requirements. The financial

~~Net~~statements ~~loss~~of ~~per~~the ~~share~~Company isdo ~~based~~not oninclude any adjustments relating to the ~~weighted~~recoverability ~~average~~and ~~number~~classification of ~~common~~recorded ~~shares~~assets, or the amounts and ~~common~~classifications ~~shares~~of ~~equivalents~~liabilities ~~outstanding~~that ~~during~~might be necessary should the ~~period~~Company be unable to continue as a going concern.

~~Other~~Note ~~Comprehensive~~3 – Federal Income Taxes:

The ~~Company~~Financial ~~has~~Accounting noStandards ~~material~~Board ~~components~~(FASB) has issued Statement of ~~other~~Financial ~~comprehensive~~Accounting ~~income~~Standards Number 109 (~~loss~~“SFAS 109”), which requires a change from the deferred method to the asset and ~~accordingly~~liability method of accounting for income taxes. Under the asset and liability method, ~~net~~deferred income ~~(loss)~~taxes isare ~~equal~~recognized for the tax consequences of “temporary differences” by applying enacted statutory tax rates applicable to ~~comprehensive~~future ~~loss~~years into ~~all~~differences ~~periods~~between the financial statement carrying amounts and the tax basis of existing assets and liabilities.

~~Foreign~~Deferred income taxes reflect the net tax effects of temporary ~~Exchange~~differences between ~~Translation~~the carrying amounts of assets and liabilities for financial statement purposes and the amounts used for income tax purposes. Significant components of the Company's deferred tax liabilities and assets as of December 31, 2011 are as follows:

~~The~~ Deferred ~~accounts~~tax of the Company are accounted for in accordance with the Statement of Financial Accounting Statements No. 52 (“SFAS 52”), “Foreign Currency Translation”. The financial statements of the Company are translated into US dollars as follows: assets ~~and liabilities at year-end exchange rates; income, expenses and cash flows at average exchange rates; and shareholders’ equity at historical exchange rate.~~:

~~Monetary~~ Federal ~~assets~~ and ~~liabilities,~~state ~~and~~net ~~the~~operating ~~related revenue, expense, gain and~~ loss accounts, of the Company are re-measured at year-end exchange rates. Non-monetary assets and liabilities, and the related revenue, expense, gain and loss accounts are re-measured at historical rates. Adjustments which result from the re-measurement of the assets and liabilities of the Company are included in net income.

~~Stock-Based Compensation~~$ 18,112

In Equity ~~December~~instruments ~~2004, the Financial Accounting Standards Board (FASB)~~ issued ~~Statement of Financial Accounting Standards No. 123 (Revised 2004), "Share-Based Payment" (SFAS 123 (R)). SFAS 123 (R) requires companies to recognize compensation cost~~ for employee services received in exchange for an award of equity instruments based on the grant-date fair value of the award. The Company adopted the provisions of SFAS 123 (R) on January 1, 2005 using the "modified prospective" application method of adoption which requires the Company to record compensation cost related to unvested stock awards as of January 1, 2005 by recognizing the unamortized grant date fair value of these awards over the remaining service periods of those awards with no change in historical reported earnings. The adoption of this standard did not affect the financial statements for the nine months ended September 30, 2011. 500

As Total ofdeferred ~~September~~tax ~~30, 2011 there was $Nil of unrecognized expense related to non-vested stock-based compensation arrangements granted and no stock based compensation.~~assets

8 18,612

~~PLASTER~~ Less ~~CASTER~~valuation ~~INC.~~allowance

(~~A DEVELOPMENT STAGE COMPANY~~ 18,612)

~~Notes~~$ --==== ~~to Interim Financial Statements~~

~~September~~Note ~~30,~~4 ~~2011~~– Related Party Transaction:

~~(Unaudited)~~The majority shareholder has advanced money, as necessary, for the purposes of operating cash flows. The advances have not been formalized by notes, but are considered payable on demand. There are no repayment terms or interest rates. Amounts due as of March 31, 2012 are $950.

~~Note~~The 2officers –and ~~Federal~~directors ~~Income~~of ~~Taxes:~~the Company are involved in other business activities and may, in the future, become involved in other business opportunities that become available. They may face a conflict in selecting between the Company and other business interests. The Company has not formulated a policy for the resolution of such conflicts.

The ~~Financial~~Company ~~Accounting Standards Board (FASB)~~ has ~~issued~~little ~~Statement~~need ~~of Financial Accounting Standards Number 109 (“SFAS 109”). “Accounting~~ for ~~Income~~office ~~Taxes”~~space, ~~which~~therefore, ~~requires~~does anot ~~change~~own ~~from~~or ~~the~~lease ~~deferred~~property ~~method~~or tolease ~~the~~office ~~asset and liability method of accounting for income taxes~~space. ~~Under~~ The office space used by the Company was arranged by the founder of the ~~asset~~Company ~~and~~to ~~liability~~use ~~method,~~at ~~deferred~~no ~~income~~charge. Management ~~taxes~~will ~~are~~assess ~~recognized for~~ the ~~tax~~valuation ~~consequences~~ of ~~“temporary~~the ~~differences”~~utilized byspace ~~applying~~at ~~enacted~~such ~~statutory~~time ~~tax~~that ~~rates applicable to future years to differences between~~ the ~~financial~~activities ~~statement carrying amounts~~ and ~~the~~utilization ~~tax basis~~ of ~~existing~~the ~~assets~~facilities ~~and~~become ~~liabilities~~material.

~~Deferred income taxes reflect the net tax effects of temporary~~The ~~differences between~~above ~~the~~terms ~~carrying~~and amounts ofare ~~assets~~not ~~and~~necessarily ~~liabilities~~indicative ~~for~~of ~~financial statement purposes~~ the terms and ~~the~~ amounts ~~used~~ ~~for income tax~~that ~~purposes. Significant components~~would ~~of the Company's deferred tax~~have ~~liabilities~~been ~~and~~incurred ~~assets~~had ascomparable oftransactions ~~September~~been ~~30,~~entered ~~2011~~into ~~are~~with asindependent ~~follows:~~parties.

Deferred tax assets:
Federal and state net operating loss	$	4,832
Equity instruments issued for compensation		500
Total deferred tax assets		5,332
Less valuation allowance		( 5,332	)
	$	-

Note 5 – Capital Stock Transactions:

~~Note~~Since 3inception –the ~~Capital~~Company ~~Stock~~has ~~Transactions:~~issued a total of 500,000 shares of common stock for services and expenses for a value equivalent to $500.

~~Since~~In ~~inception~~November 2011 the Company ~~has~~ issued aan ~~total~~additional ~~of 500~~169,~~000~~850 shares of common stock for ~~services and expenses for~~ a ~~value~~cash ~~equivalent~~consideration toof $~~500~~16,985.

9Note 6 – Financial Accounting Developments:

~~PLASTER~~Recently ~~CASTER~~Issued ~~INC.~~Accounting Pronouncements

(AIn ~~DEVELOPMENT~~May ~~STAGE~~2011, ~~COMPANY)~~the FASB issued new authoritative guidance to provide a consistent definition of fair value and ensure that fair value measurements and disclosure requirements are similar between GAAP and International Financial Reporting Standards. This guidance changes certain fair value measurement principles and enhances the disclosure requirements for fair value measurements. This guidance is effective for interim and annual periods beginning after December 15, 2011 and is applied prospectively. The Company does not expect that the adoption of this guidance will have a material impact on its financial statements.

~~Notes~~In June 2011, the FASB issued new guidance on the presentation of comprehensive income. The new guidance allows an entity to ~~Interim~~present ~~Financial~~components ~~Statements~~of net income and other comprehensive income in one continuous statement, referred to as the statement of comprehensive income, or in two separate, but consecutive statements. The new guidance eliminates the current option to report other comprehensive income and its components in the statement of changes in stockholders’ equity. While the new guidance changes the presentation of comprehensive income, there are no changes to the components that are recognized in net income or other comprehensive income from that of current accounting guidance. This new guidance is effective for fiscal years and interim periods beginning after December 15, 2011. Upon adoption, the Company will present its consolidated financial statements under this new guidance. The Company does not expect the adoption of this accounting guidance to have a material impact on its financial statements and related disclosures.

In September 302011, the FASB issued ASU 2011-08, “Intangibles – Goodwill and Other (Topic 350), Testing Goodwill for Impairment.” which gives entities testing goodwill for impairment the option of performing a qualitative assessment before calculating the fair value of a reporting unit for the goodwill impairment test. The amendment is effective for fiscal years, and interim periods within those years, beginning after December 15, 2011. The Company does not expect the adoption of this accounting guidance to have a material impact on its financial statements and related disclosures.

In December 2011, the Financial Accounting Standards Board (~~Unaudited~~"FASB") issued authoritative guidance related to balance sheet offsetting. The new guidance requires disclosures about assets and liabilities that are offset or have the potential to be offset. These disclosures are intended to address differences in the asset and liability offsetting requirements under U.S. GAAP and

~~Note~~International 4Financial –Reporting ~~Financial~~Standards. ~~Accounting~~This ~~Developments:~~new guidance will be effective for us for interim and annual reporting periods beginning January 1, 2013, with retrospective application required. The adoption of this guidance is not expected to have a material impact on the Company’s results of operations or financial position.

~~Recently~~Other ~~Issued~~accounting ~~Accounting~~standards ~~Pronouncements~~that have been issued or proposed by the FASB or other standards-setting bodies that do not require adoption until a future date are not expected to have a material impact on the Company’s financial statements upon adoption.

~~In December 2010, the Financial Accounting Standards Board (“ FASB”) issued Accounting Standards Update (“ASU”) 2010~~FORWARD-~~28,~~LOOKING “Intangible – Goodwill and Other (Topic 350): When to perform Step 2 of the goodwill impairment test for reporting units with zero or negative carrying amounts.” This update requires an entity to perform all steps in the test for a reporting unit whose carrying value is zero or negative if it is more likely than not (more than 50%) that a goodwill impairment exists based on qualitative factors, resulting in the elimination of an entity’s ability to assert that such a reporting unit’s goodwill is not impaired and additional testing is not necessary despite the existence of qualitative factors that indicate otherwise. These changes became effective for the Company beginning January 1, 2011. The adoption of this ASU did not have a material impact on the Company’s financial statements.STATEMENTS

InThis ~~December~~document ~~2010,~~contains ~~the FASB issued ASU 2010~~“forward-~~29,~~looking ~~“Business~~statements” ~~Combinations~~within ~~(Topic~~the ~~805):~~meaning ~~Disclosure~~ of ~~supplementary~~the ~~pro~~Private ~~forma~~Securities ~~information~~Litigation ~~for~~Reform ~~business~~Act ~~combinations.” This update changes the disclosure~~ of ~~pro forma information for business combinations~~1995. ~~These~~All ~~changes~~statements ~~clarify~~other ~~that~~than ~~if a public entity presents comparative financial~~ statements, ~~the entity should disclose revenue and earnings~~ of ~~the~~historical ~~combined~~fact ~~entity~~are as“forward-looking ~~though~~statements” ~~the~~for ~~business~~purposes ~~combination that occurred during the current year had occurred as~~ of ~~the~~federal ~~beginning~~and ofstate ~~the~~securities ~~comparable~~laws, ~~prior annual reporting period only. Also~~including, ~~the~~but ~~existing~~not ~~supplemental~~limited ~~pro forma disclosure requirements were expanded~~ to, ~~include~~any aprojections ~~description~~ of ~~the nature and amount of material~~earnings, ~~nonrecurring~~revenue ~~pro~~or ~~forma~~other ~~adjustments~~financial ~~directly~~items; ~~attributable~~any tostatements ~~the~~of ~~business combination included in~~ the ~~reported~~plans, ~~pro~~strategies ~~forma revenue~~ and ~~earnings.~~objections ~~These~~of ~~changes~~management ~~which became effective~~ for ~~the~~future ~~Company~~operations; ~~beginning~~any ~~January 1,~~statements ~~2011~~concerning ~~have~~proposed ~~not~~new ~~had~~services anor ~~impact~~developments; onany ~~the~~statements ~~Company’s~~regarding ~~disclosures~~future ~~but~~economic ~~may~~conditions ~~impact~~or ~~disclosures~~performance; ~~for~~any ~~future~~statements ~~business~~or ~~combinations~~belief; ~~depending~~and onany ~~acquisitions~~statements ~~that~~of ~~are~~assumptions ~~made~~underlying inany ~~such~~of ~~periods~~the foregoing.

InForward-looking ~~May~~statements ~~2011,~~may include the ~~FASB~~words ~~issued ASU No. 2011-04~~“may,” “~~Fair Value Measurements (Topic 820): Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRSs.~~could,” (“~~ASU 2011-04~~estimate,”). This guidance contains certain updates to the fair value measurement guidance as well as enhanced disclosure requirements. The most significant change in disclosures is an expansion of the information required for “~~Level~~intend,” 3“continue,” ~~measurements~~“believe,” ~~including~~“expect” ~~enhanced~~or ~~disclosure~~“anticipate” ~~for:~~or ~~(1) the~~other ~~valuation~~similar ~~processes~~words. ~~used~~These byforward-looking ~~the~~statements ~~reporting~~present ~~entity;~~our estimates and ~~(2) the~~assumptions ~~sensitivity~~only as of the ~~fair~~date ~~value measurement to changes in unobservable inputs and the interrelationships between those unobservable inputs, if any. The provisions~~ of this ~~update~~report. ~~are~~Except ~~effective~~ for ~~interim~~our ~~and~~ongoing ~~annual~~securities ~~periods beginning on or after December 15~~laws, ~~2011,~~we ~~with~~do ~~early adoption prohibited. The Company’s adoption of this standard is~~ not ~~expected~~intend, toand ~~have~~undertake ano ~~significant impact on the Company’s fair value measurements~~obligation, ~~financial~~to ~~condition,~~update ~~results~~any offorward-looking ~~operations or cash flows~~statement.

10Although we believe that the expectations reflected in any of our forward-looking statements are reasonable, actual results could differ materially from those projected or assumed in any or our forward-looking statements. Our future financial condition and results of operations, as well as any forward-looking statements, are subject to change and inherent risks and uncertainties. The factors impacting these risks and uncertainties include, but are not limited to:

~~PLASTER~~increased ~~CASTER~~competitive ~~INC.~~pressures from existing competitors and new entrants;

(Aour ~~DEVELOPMENT~~ability ~~STAGE~~to ~~COMPANY)~~raise adequate working capital;

~~Notes~~deterioration toin ~~Interim~~general ~~Financial~~or ~~Statements~~regional economic conditions;

~~September~~adverse 30state or federal legislation or regulation that increases the costs of compliance, ~~2011~~or adverse findings by a regulator with respect to existing operations;

~~(Unaudited)~~loss of customers or sales weakness;

~~Note~~inability 5to –achieve ~~Financial~~sales ~~Accounting~~levels ~~Developments:(continued)~~or other operating results;

~~Recently~~the ~~Issued~~unavailability ~~Accounting~~of ~~Pronouncements(continued)~~funds for capital expenditures; and

Inoperational ~~June 2011, the FASB issued ASU 2011-05, “Presentation of Comprehensive Income~~inefficiencies.” This update requires that all non-owner changes in stockholders’ equity be presented either in a single continuous statement of comprehensive income or in two separate but consecutive statements. This update eliminates the option to present the components of other comprehensive income as part of the statement of changes in stockholders’ equity. These changes will be effective for the first quarter filing of 2012. The adoption of this update will change the manner in which the Company presents comprehensive income in the future.

InFor ~~September~~a ~~2011,~~detailed ~~the~~description ~~FASB~~of ~~issued~~these ~~ASU 2011-08, “Intangibles – Goodwill~~ and ~~Other~~other ~~(Topic~~factors ~~350),~~that ~~Testing~~could ~~Goodwill~~cause ~~for~~actual ~~Impairment.”~~results ~~This update provides companies with the option~~ to ~~perform~~differ amaterially ~~qualitative~~from ~~assessment~~those toexpressed ~~determine~~in ~~whether~~any itforward-looking ~~is more likely than not (a likelihood of more than 50%) that the fair value of a reporting unit is less than its carrying amount. If~~statement, ~~after~~please ~~assessing~~see ~~updated~~“Factors ~~qualitative~~That ~~factors,~~May aAffect ~~company~~Our ~~determines~~Results ~~it is not more likely than not that the fair value~~ of aOperations” ~~reporting~~in ~~unit~~this ~~is less than its carrying amount, it~~document.

11Item 2. Plan of Operations.

~~FORWARD-LOOKING~~The ~~STATEMENTS~~following discussion and analysis should be read in conjunction with our financial statements and the notes thereto contained elsewhere in this filing.

~~This~~Background document contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are “forward-looking statements” for purposes of federal and state securities laws, including, but not limited to, any projections of earnings, revenue or other financial items; any statements of the plans, strategies and objections of management for future operations; any statements concerning proposed new services or developments; any statements regarding future economic conditions or performance; any statements or belief; and any statements of assumptions underlying any of the foregoing.Overview

~~Forward-looking~~Plaster ~~statements~~Caster ~~may~~Inc. ~~include~~(“The Company”) was incorporated in the ~~words~~State ~~“may,”~~of ~~“could,”~~Michigan ~~“estimate,”~~on ~~“intend,”~~April ~~“continue~~19,” ~~“believe,”~~2007. ~~“expect”~~The orCompany’s ~~“anticipate”~~fiscal oryear ~~other~~end ~~similar~~is ~~words~~December 31. We ~~These~~were ~~forward-looking~~inactive ~~statements~~with ~~present~~no ~~our~~business ~~estimates~~operations ~~and~~of ~~assumptions~~any ~~only~~kind asuntil ofMay ~~the~~1, ~~date~~2010 ofwhen ~~this~~we ~~report.~~began ~~Except~~implementing ~~for~~ our ~~ongoing~~plan ~~securities~~of ~~laws,~~operations weto dodevelop ~~not~~a ~~intend,~~website ~~and~~related ~~undertake~~to noprivate ~~obligation,~~aviation. The toCompany ~~update~~has ~~any~~never ~~forward-looking~~been ~~statement~~in bankruptcy or receivership.

~~Although~~The weCompany ~~believe~~has ~~that~~a ~~the~~plan ~~expectations~~of ~~reflected~~operations to engage in ~~any~~the business of ~~our~~Internet ~~forward-looking~~publishing ~~statements~~in ~~are~~specifically ~~reasonable,~~in ~~actual~~the ~~results~~area ~~could~~of ~~differ~~private ~~materially~~aviation. We ~~from~~have ~~those~~recently ~~projected~~opened orour ~~assumed~~website: inwww.bidforjets.com ~~any~~which oris our ~~forward-looking~~principal ~~statements~~product. Our ~~future~~method ~~financial condition and results~~ of ~~operations,~~distribution asis ~~well~~the ~~as any forward-looking statements, are subject to change and inherent risks and uncertainties~~Internet. ~~The factors impacting these risks and uncertainties include, but are not limited to:~~

~~increased~~Since ~~competitive~~our ~~pressures~~inception ~~from~~through ~~existing~~March ~~competitors~~31, 2012, we have not generated any revenues and ~~new~~have ~~entrants;~~incurred a net loss of $18,612. Until May 2010, our only business activity was the formation of our corporate entity, creation of our business model, and analyzing the viability of our business, which included the development of our initial website. We anticipate the commencement of generating revenues in the next twelve months, of which we can provide no assurance. The capital raised in our offering has been budgeted to cover the costs associated with advertising on the Internet to draw attention to our website, costs associated with website enhancements, and covering various filing fees and transfer agent fees to complete our early money raise through our offering. We believe that advertising revenues and small amounts of equity will be sufficient to support the limited costs associated with our initial ongoing operations for the next twelve months. There can be no assurance that the actual expenses incurred will not materially exceed our estimates or that cash flow from listing fees will be adequate to maintain our business. As a result, our independent auditors have expressed substantial doubt about our ability to continue as a going concern in the independent auditors’ report to the financial statements included in the registration statement.

~~our~~Plan ~~ability~~of ~~to raise adequate working capital;~~Operation

~~deterioration~~Our inbusiness ~~general~~activities orhave ~~regional~~consisted ~~economic~~of ~~conditions;~~forming our corporation, opening a bank account, seeking a new President and sole director, developing a preliminary website, researching our intended area of private aviation by our new management, preparing financial statements,

~~adverse~~securing ~~state~~and orauditor ~~federal~~and ~~legislation~~having orthose ~~regulation~~financing ~~that~~statements ~~increases the costs of compliance~~audited, orand ~~adverse~~preparing ~~findings~~and bysubmitting aour ~~regulator~~registration ~~with~~statement. ~~respect to existing operations;~~

~~loss~~Specifically, our website currently is a collection of ~~customers~~news orfeeds ~~sales~~and ~~weakness;~~videos related to private aviation. We have gathered these feeds from publicly available places on the Internet. We intend to build out our website to have additional features for our projected audience.

~~inability~~We expect to ~~achieve~~offer ~~sales~~the ~~levels~~following: a directory of private aviation companies that provide charter flights, a directory of fractional ownership programs, safety information on various companies and specific planes, videos related to private aviation, a newswire covering private aviation, and a description of the various types of planes available for rental, charter, or ~~other~~fractional ~~operating~~ownership. ~~results;~~

~~the~~We ~~unavailability~~also anticipate having user reviews written by our visitors. Consumers can review various aspects of ~~funds~~their ~~for~~private ~~capital~~aviation ~~expenditures;~~experience ~~and~~raging from a specific type of airline, an airport, a pilot or crew member, or any other element of their trip.

~~operational~~We ~~inefficiencies~~believe that we will require these additional features to make our website a viable and sustainable business that is capable of generating revenues.

~~For~~We aintend ~~detailed~~to ~~description~~utilize the power of ~~these~~the ~~and~~Internet ~~other~~to ~~factors~~aggregate ~~that~~in ~~could~~a ~~cause~~single ~~actual~~location ~~results~~an toextensive ~~differ~~network ~~materially~~of ~~from~~industry ~~those~~participants ~~expressed~~and ina ~~any~~comprehensive ~~forward-looking~~database ~~statement,~~for ~~please~~noncommercial ~~see~~aviation. ~~“Factors~~We ~~That~~have ~~May~~no ~~Affect~~plans ~~Our~~to ~~Results~~offer ofinformation ~~Operations”~~or inservices ~~this~~for ~~document~~private air travel outside of the United States.

~~Item~~Our 2business model is being built on generating multiple revenue streams from a variety of industry participants interested in marketing their services to our anticipated consumer audience. ~~Plan~~We anticipate generating our initial revenues primarily from advertising fees from corporations in the private aviation industry. We expect that we will be able to charge fees for placement in our directories. We anticipate that we will be able to charge fees for banners and links on our home page or other pages on our site that have visitors. We project that we will be able to charge fees for premium listings that are in bold fonts or in a special color or that appear at the top of ~~Operations~~a category. We anticipate that we will be able to charge fees for various promotional videos on our website.

~~The~~These ~~following~~fees ~~discussion~~may ~~and~~be ~~analysis~~based ~~should~~on a rate that is tied to a specific period of time such as a week, a month, or a year. These fees may able be ~~read~~tied into ~~conjunction~~the ~~with~~number of viewers we are able to deliver to the advertiser’s message. The type of fee structure will be determined by our ~~financial~~available ~~statements~~advertising ~~and~~inventory on the ~~notes~~site ~~thereto~~and ~~contained~~an ~~elsewhere~~advertiser’s inneeds ~~this~~and ~~filing~~budget.

~~Background~~We ~~Overview~~also intend to generate revenues from advertising from companies interested in reaching our projected audience of high net worth individuals. We believe that the consumers of private aviation services tend be more affluent than other travel consumers. Our belief is based on the cost of private air travel compared to commercial airline. Private air travel is significantly more expensive than commercial airlines ticket prices. We intend to also target companies that sell luxury items in general as potential advertisers for our site.

~~Plaster~~We ~~Caster~~intend ~~Inc.~~to ~~(“The~~market ~~Company”)~~our ~~was~~site ~~incorporated~~through inseveral ~~the~~online ~~State~~and ofoffline ~~Michigan~~channels. onWe ~~April~~have ~~19,~~a ~~2007.~~Twitter ~~The~~page ~~Company’s~~and ~~fiscal~~a ~~year~~Facebook ~~end~~page iswhich ~~December~~will 31be used to make consumers aware of our website. We ~~were~~will ~~inactive~~continue ~~with~~to nomarket ~~business~~our ~~operations~~site ofon ~~any~~other ~~kind~~various ~~until~~Internet ~~May~~outlets. 1,We ~~2010~~intend ~~when~~to wealso ~~began~~use ~~implementing~~search ~~our~~engine ~~plan~~optimization ofto ~~operations~~achieve favorable placements on major search engines. We plan to ~~develop~~hire a ~~website~~search ~~related~~engine agency to ~~private~~assist ~~aviation~~us with the search engine placement efforts. ~~The~~ ~~Company~~We ~~has~~also ~~never~~hope ~~been~~to purchase display advertising in ~~bankruptcy~~executive orairports ~~receivership~~around the country to build awareness for our site to our targeted customers.

~~The Company has a plan of operations to engage in the business of Internet publishing in specifically in the area of private aviation.~~ We ~~have~~believe ~~recently~~that ~~opened~~ our ~~website:~~feature ~~www.bidforjets.com~~set ~~which~~and isaggressive ~~our~~social ~~principal~~marketing ~~product.~~will ~~Our~~allow ~~method~~us ofto ~~distribution~~grow isour ~~the Internet~~business.

12We believe that our potential customers can be identified in the normal course of business. We expect to research private aviation companies and companies serving this private aviation market to locate contact information for potential advertisers. We expect to visit websites offering private air travel or similar services to determine current advertisers in our industry.

~~Since~~We ~~our~~will ~~inception~~require ~~through~~additional ~~September 30,~~funds ~~2011,~~to wecomplete ~~have not generated any revenues and have incurred a net loss of $5,332 Until May 2010, our only business activity was~~ the ~~formation of our corporate entity, creation of our business model, and analyzing the viability of our business, which included the~~ development of our ~~initial~~ website. Weand ~~anticipate~~to ~~the~~commence ~~commencement of generating revenues in~~ the ~~next~~marketing ~~twelve months,~~ of ~~which~~it ~~we can provide no assurance. The capital raised in our offering has been budgeted~~ to ~~cover the costs associated with advertising on the Internet to draw attention to~~ our ~~website,~~intended ~~costs associated with website enhancements, and covering various filing fees and transfer agent fees to complete our early money raise through our offering~~customers. We ~~believe~~expect that ~~advertising~~these ~~revenues~~goals ~~and~~can ~~small amounts of equity will~~ be ~~sufficient~~accomplished toover ~~support~~ the ~~limited~~next ~~costs~~twelve ~~associated~~months with ~~our~~sufficient ~~initial ongoing operations for the next twelve months~~funding. ~~There~~If ~~can~~we beare nounable ~~assurance~~to ~~that~~secure ~~the~~additional ~~actual~~funds, ~~expenses~~we ~~incurred~~ will not ~~materially exceed our estimates or that cash flow from listing fees will~~ be ~~adequate~~able to ~~maintain~~develop our ~~business.~~site Asbeyond ~~a result, our independent auditors have expressed substantial doubt about our ability to continue as a going concern in~~ the ~~independent~~current ~~auditors’~~format ~~report~~and ~~to the financial statements included in the registration statement~~content.

~~Plan~~FACTORS ofTHAT ~~Operation~~MAY AFFECT OUR FUTURE OPERATING RESULTS

~~Our~~We ~~business~~are ~~activities~~subject ~~have~~to ~~consisted~~various ofrisks ~~forming~~which may materially harm our ~~corporation~~business, ~~opening~~financial acondition ~~bank~~and ~~account,~~results ~~seeking~~of aoperations. ~~new~~You ~~President~~should carefully consider the risks and ~~sole~~uncertainties ~~director,~~described ~~developing~~below aand ~~preliminary~~the ~~website,~~other ~~researching~~information ~~our~~in ~~intended~~this ~~area~~filing ofbefore ~~private~~deciding ~~aviation~~to bypurchase our ~~new~~common ~~management,~~stock. ~~preparing~~If ~~financial~~any ~~statements,~~of ~~securing~~these ~~and~~risks ~~auditor~~or ~~and~~uncertainties ~~having~~actually ~~those~~occurs, ~~financing~~our ~~statements audited~~business, ~~and~~financial ~~preparing~~condition ~~and~~or ~~submitting~~operating ~~our~~results ~~registration~~could ~~statement~~be materially harmed.

~~Specifically,~~THERE ~~our~~IS ~~website~~SUBSTANTIAL ~~currently~~UNCERTAINTY isABOUT aOUR ~~collection~~ABILITY ofTO ~~news~~CONTINUE ~~feeds~~OUR ~~and~~OPERATIONS ~~videos~~AS ~~related~~A toGOING ~~private aviation. We have gathered these feeds from publicly available places on the Internet. We intend to build out our website to have additional features for our projected audience.~~CONCERN

WeIn ~~expect~~their toaudit ~~offer~~report ~~the~~dated ~~following:~~January a11 ~~directory~~2012; ofour ~~private~~auditors ~~aviation~~have ~~companies~~expressed an opinion that ~~provide~~substantial ~~charter~~doubt ~~flights,~~exists aas ~~directory~~to ofwhether ~~fractional~~we ~~ownership~~can ~~programs,~~continue ~~safety~~as ~~information~~an onongoing ~~various~~business. ~~companies~~Because ~~and~~our ~~specific~~officers ~~planes,~~may ~~videos~~be ~~related~~unwilling or unable to ~~private~~loan ~~aviation~~or advance any additional capital to us, awe ~~newswire~~believe ~~covering~~that ~~private~~if ~~aviation~~we do not raise additional capital, ~~and~~we amay ~~description~~be required to suspend or cease the implementation of our business plan. See the ~~various~~ Audited ~~types~~Financial ofStatements ~~planes~~- ~~available~~Auditors ~~for~~Report". ~~rental,~~Because ~~charter,~~we orhave ~~fractional~~been ~~ownership~~issued an opinion by its auditor that substantial doubt exists as to whether we can continue as a going concern it may be more difficult to attract investors.

We ~~also~~lack ~~anticipate~~an ~~having~~operating ~~user~~history. ~~reviews~~There ~~written~~is byno assurance our ~~visitors.~~future ~~Consumers~~operations ~~can~~will ~~review~~result ~~various~~in ~~aspects~~profitable ofrevenues. ~~their~~If ~~private~~we ~~aviation~~cannot ~~experience~~generate ~~raging~~sufficient ~~from~~revenues ato ~~specific~~operate ~~type of airline~~profitably, anwe ~~airport,~~may asuspend ~~pilot~~ or ~~crew~~cease ~~member, or any other element of their trip~~operations.

WeSince ~~believe~~we ~~that~~are wea ~~will~~young ~~require~~company, ~~these~~it ~~additional~~is ~~features~~difficult to ~~make~~evaluate our ~~website~~business aand ~~viable~~prospects. ~~and~~At ~~sustainable~~this stage of our business ~~that~~operations, iseven ~~capable~~with ofour ~~generating~~good ~~revenues.~~faith efforts, potential investors have a high

Weprobability ~~intend~~of tolosing ~~utilize~~their ~~the~~investment. ~~power~~Our offuture operating results will depend on many factors, including the ~~Internet~~ability to ~~aggregate~~generate insustained aand ~~single~~increased ~~location~~demand anand ~~extensive~~acceptance ~~network~~of our website, the level of ~~industry~~our ~~participants~~competition, and aour ~~comprehensive~~ability ~~database~~to ~~for~~attract ~~noncommercial~~and ~~aviation~~maintain key management and employees. WeWhile ~~have~~management nobelieves ~~plans~~their toestimates ~~offer~~of ~~information~~projected oroccurrences ~~services~~and ~~for~~events ~~private~~are ~~air~~within ~~travel~~the ~~outside~~timetable of their business plan, there can be no guarantees or assurances that the ~~United~~results ~~States~~anticipated will occur.

Our business ~~model~~may isnever ~~being~~operate built on generating multiple revenue streams from a variety of industry participants interested in marketing their services to our anticipated consumer audience. We anticipate generating our initial revenues primarily from advertising fees from corporations in the private aviation industry. We expect that we will be able to charge fees for placement in our directories. We anticipate that we will be able to charge fees for banners and links on our home page or other pages on our site that have visitors. We project that we will be able to charge fees for premium listings that are in bold fonts or in a special color or that appear at ~~the top of~~ a ~~category~~profit. ~~We anticipate that we will be able to charge fees for various promotional videos on our website.~~

13If we do not achieve profitability, our business may not grow or operate. We may not achieve sufficient revenues or profitability in any future period. We will need to generate revenues from the sales of advertising on our website, or take steps to reduce operating costs to achieve and maintain profitability. Even if we are able to generate revenues, we may experience price competition that will lower our gross margins and our profitability. If we do achieve profitability, we cannot be certain that we can sustain or increase profitability on a quarterly or annual basis.

~~These~~If ~~fees~~we ~~may~~do benot ~~based~~raise onadditional ~~a rate that is tied to a specific period of time such as a week~~funds, awe ~~month,~~not orbe ~~a year. These fees may~~ able ~~be tied~~ to ~~the~~operate ~~number~~our ofbusiness ~~viewers~~and wewill ~~are~~have ~~able~~ to ~~deliver~~stop todevelopment ~~the advertiser’s message. The type~~ of ~~fee structure will be determined by~~ our ~~available~~business ~~advertising inventory on the site and an advertiser’s needs and budget~~plan.

We ~~also~~may ~~intend~~not be able to ~~generate~~obtain ~~revenues~~additional ~~from~~funds ~~advertising~~that we will require. We do not presently have adequate cash from ~~companies~~operations ~~interested~~or financing activities to meet our short term or long-term needs. If unanticipated expenses, problems, and unforeseen business difficulties occur, which result in ~~reaching~~material delays, we will not be able to operate within our budget. If we do not achieve our internally projected ~~audience~~sales ofrevenues ~~high~~and ~~net~~earnings, ~~worth~~we ~~individuals~~will not be able to operate within our budget. WeIf ~~believe~~we ~~that~~do ~~the~~not ~~consumers~~operate ofwithin ~~private~~our ~~aviation~~budget, ~~services~~we ~~tend~~will berequire ~~more~~additional ~~affluent~~funds ~~than~~to ~~other~~continue ~~travel~~our ~~consumers~~business. ~~Our~~If ~~belief~~we isare ~~based~~unsuccessful onin ~~the~~obtaining ~~cost~~those funds, we cannot assure you of ~~private~~our ~~air~~ability ~~travel~~to ~~compared~~generate positive returns to ~~commercial~~the ~~airline~~Company. ~~Private~~Further, ~~air~~we ~~travel~~may isnot ~~significantly~~be ~~more~~able ~~expensive~~to ~~than~~obtain ~~commercial~~the ~~airlines~~additional ~~ticket~~funds ~~prices~~that we require on terms acceptable to us, if at all. We ~~intend~~do tonot ~~also~~currently ~~target~~have ~~companies~~any established third-party bank credit arrangements. If the additional funds that ~~sell~~we ~~luxury~~may ~~items~~require inare ~~general~~not asavailable ~~potential~~to ~~advertisers~~us, ~~for~~we may be required to curtail significantly or to eliminate some or all of our ~~site~~development, publishing, or sales and marketing programs.

WeIf ~~intend~~we toneed ~~market~~additional ~~our~~funds, ~~site~~we ~~through~~may ~~several~~seek ~~online~~to ~~and~~obtain ~~offline~~them ~~channels.~~primarily Wethrough ~~have~~equity aor ~~Twitter~~debt ~~page~~financings. ~~and~~Such aadditional ~~Facebook~~financing, ~~page~~if ~~which~~available ~~will~~on beterms ~~used~~and schedules acceptable to ~~make~~us, ~~consumers~~if ~~aware~~available ofat ~~our~~all, ~~website.~~could Weresult ~~will~~in ~~continue~~dilution to ~~market~~ our ~~site~~current onstockholders ~~other~~and ~~various~~to ~~Internet outlets~~you. We ~~intend~~may to also ~~use~~attempt ~~search engine optimization~~ to ~~achieve~~obtain ~~favorable~~funds ~~placements~~through onarrangement ~~major search engines. We plan to hire a search engine agency to assist us~~ with ~~the~~corporate ~~search~~partners ~~engine~~or ~~placement efforts~~others. WeThose ~~also~~types ~~hope~~of toarrangements ~~purchase~~may ~~display~~require ~~advertising~~us ~~in executive airports around the country~~ to ~~build~~relinquish ~~awareness~~certain ~~for~~rights ~~our site~~ to our ~~targeted~~intellectual ~~customers~~property.

WeIf ~~believe~~Barton ~~that~~PK, ~~our~~LLC ~~feature~~does ~~set~~not ~~and~~provide ~~aggressive~~us ~~social~~with ~~marketing~~capital, we will ~~allow~~cease ~~us to grow our business~~operations.

We ~~believe~~rely ~~that~~on funding from our ~~potential~~sole ~~customers~~shareholder, ~~can~~Barton bePK,LLC ~~identified~~and inexpect ~~the~~to ~~normal~~continue ~~course~~to ofdo ~~business~~so. WeThere ~~expect~~can tobe ~~research~~no ~~private~~assurance ~~aviation~~that ~~companies~~Barton ~~and~~PK, ~~companies~~LLC ~~serving~~can ~~this~~or ~~private~~will ~~aviation~~supply ~~market~~us towith ~~locate~~some ~~contact~~or ~~information~~all ~~for~~of ~~potential~~the ~~advertisers.~~funds needed to complete our business plan. We ~~expect~~do not have a commitment verbal or written from Barton PK,LLC to ~~visit~~provide ~~websites~~us ~~offering~~with ~~private~~additional ~~air~~funding ~~travel~~at orthis ~~similar~~time. ~~services~~The failure to ~~determine~~secure ~~current~~additional ~~advertisers~~financing infrom ~~our~~Barton ~~industry~~PK, LLC will cause us to cease operations.

We ~~will~~are ~~require~~highly ~~additional~~dependent ~~funds~~on toJD ~~complete~~Klamka, ~~the development of~~ our ~~website~~President and toCEO. ~~commence~~The ~~the~~loss ~~marketing~~ of ~~it to our intended customers~~Mr. We ~~expect~~Klamka, ~~that~~whose ~~these~~knowledge, ~~goals~~leadership, ~~can~~and betechnical ~~accomplished~~expertise ~~over~~upon ~~the~~which ~~next twelve months with sufficient funding. If~~ we ~~are unable to secure additional funds~~rely, wewould ~~will~~harm ~~not~~our beability ~~able~~ to ~~develop~~execute our ~~site~~business ~~beyond the current format and content~~plan.

~~FACTORS~~We ~~THAT~~are ~~MAY~~largely ~~AFFECT~~dependent ~~OUR~~on ~~FUTURE~~JD ~~OPERATING~~Klamka, ~~RESULTS~~our President and CEO, for all aspects of our company. Our ability to successfully develop and market our website may be at risk from an unanticipated accident, injury, illness, incapacitation, or death of Mr. Klamka. Upon such occurrence, unforeseen expenses, delays, losses and/or difficulties may be encountered. Our success in the future may also depend on our ability to attract and retain other qualified management and sales and marketing personnel. We compete for such persons with other companies and other organizations, some of which have substantially greater capital resources than we do. We cannot give you any assurance that we will be successful in recruiting or retaining personnel of the requisite caliber or in adequate numbers to enable us to conduct our business.

WeOur ~~are~~management ~~subject~~has tono ~~various~~experience ~~risks~~in ~~which may materially harm our business, financial condition and results of operations. You should carefully consider~~ the ~~risks~~Internet ~~and~~travel ~~uncertainties described below and the other information in this filing before deciding to purchase our common stock. If any of these risks~~ or ~~uncertainties~~private ~~actually~~jet ~~occurs~~industry, ~~our~~which ~~business,~~may ~~financial~~affect ~~condition~~our orability ~~operating~~to ~~results~~operate ~~could be materially harmed~~successfully.

14Our management has no prior experience in either Internet travel or any aspect of private aviation. This lack of experience may affect our ability to operate successfully and compete with our competitors.

~~THERE~~The ISlack ~~SUBSTANTIAL~~of ~~UNCERTAINTY~~public ~~ABOUT~~company ~~OUR~~experience ~~ABILITY~~of TOour ~~CONTINUE~~management ~~OUR~~team ~~OPERATIONS~~could ASadversely Aimpact ~~GOING~~our ~~CONCERN~~ability to comply with the reporting requirements of U.S. securities laws.

InOur ~~their~~management ~~audit~~team ~~report~~lacks ~~dated~~public ~~March~~company 12experience, ~~2011;~~which could impair our ~~auditors~~ability ~~have~~to ~~expressed~~comply anwith ~~opinion~~legal ~~that~~and ~~substantial~~regulatory ~~doubt~~requirements. ~~exists~~Our assenior tomanagement ~~whether~~has wenever ~~can~~had ~~continue~~responsibility asfor anmanaging ~~ongoing~~a ~~business~~publicly traded company. ~~Because~~Such ~~our~~responsibilities ~~officers~~include complying with federal securities laws and making required disclosures on a timely basis. Our senior management may not be ~~unwilling~~able orto ~~unable~~implement toprograms ~~loan~~and orpolicies ~~advance~~in ~~any~~an ~~additional~~effective ~~capital~~and timely manner that adequately respond to ussuch increased legal, weregulatory ~~believe~~compliance ~~that~~and ifreporting werequirements, doincluding ~~not~~the ~~raise~~establishing ~~additional~~and ~~capital,~~maintaining weinternal ~~may~~controls beover ~~required~~financial toreporting. Any ~~suspend~~such ordeficiencies, ~~cease~~weaknesses ~~the~~or ~~implementation~~lack of compliance could have a materially adverse effect on our ~~business~~ability ~~plan.~~to ~~See~~comply with the ~~Audited~~ ~~Financial~~reporting ~~Statements~~requirements -of ~~Auditors~~the ~~Report".~~Securities ~~Because~~Exchange weAct ~~have~~of ~~been~~1934 ~~issued~~which anis ~~opinion~~necessary byto ~~its~~maintain ~~auditor~~our ~~that~~public ~~substantial~~company ~~doubt~~status. ~~exists~~If aswe were to ~~whether~~fail weto ~~can~~fulfill those obligations, our ability to continue as a ~~going~~U.S. ~~concern~~public itcompany ~~may~~would be ~~more~~in ~~difficult~~jeopardy toin ~~attract~~which ~~investors~~event you could lose your entire investment in our company.

We ~~lack an operating history. There is no assurance our future operations~~ will ~~result~~rely inon ~~profitable~~outside ~~revenues.~~service Ifproviders wesuch ~~cannot~~as ~~generate~~writers ~~sufficient~~and ~~revenues~~web todevelopers ~~operate~~that ~~profitably, we~~ may ~~suspend~~not orbe ~~cease~~available ~~operations~~to us.

~~Since~~We weintended ~~are~~to ahire ~~young~~freelance ~~company,~~writers itand isweb ~~difficult~~developers to ~~evaluate~~develop our ~~business and prospects~~website. There Atis ~~this~~no ~~stage~~assurance ofthat ~~our~~we ~~business~~can ~~operations,~~locate ~~even~~any ~~with~~of ~~our~~these ~~good~~service ~~faith~~providers ~~efforts,~~and ~~potential~~if ~~investors~~we ~~have~~are aable ~~high~~to ~~probability~~that ofwe ~~losing their investment. Our future operating results~~ will ~~depend~~be onable ~~many factors, including the ability~~ to ~~generate~~hire ~~sustained~~them ~~and~~on ~~increased~~a ~~demand~~price and ~~acceptance~~terms ofacceptable ~~our website, the level of our competition, and our ability~~ to ~~attract and maintain key management and employees~~us. ~~While~~In ~~management~~the ~~believes~~event ~~their~~we ~~estimates of projected occurrences and events~~ are ~~within~~unable ~~the~~to ~~timetable~~hire any of ~~their~~these ~~business~~service ~~plan~~providers, ~~there~~we ~~can~~may be noforced ~~guarantees~~to suspend or ~~assurances~~limit ~~that~~our ~~the results anticipated will occur~~operations.

~~Our~~Item ~~business~~3. ~~may~~Controls ~~never~~and ~~operate at a profit~~Procedures.

IfWe wecarried doout ~~not~~an ~~achieve~~evaluation, ~~profitability~~under the supervision and with the participation of our management, including our ~~business~~chief ~~may~~executive ~~not~~officer ~~grow~~and orchief ~~operate.~~financial Weofficer, ~~may~~of ~~not~~the ~~achieve~~effectiveness ~~sufficient~~of ~~revenues~~the ordesign ~~profitability~~and inoperation ~~any~~of ~~future~~our ~~period.~~disclosure Wecontrols ~~will~~and ~~need~~procedures, toas ~~generate~~defined ~~revenues~~in ~~from~~Rules 13a-15(e) and 15d-15(e) under the ~~sales~~Securities Exchange Act of ~~advertising~~1934, onas ~~our~~amended ~~website~~(the ‘‘Exchange Act’’). Disclosure controls and procedures include, orwithout ~~take~~limitation, ~~steps~~controls and procedures designed to ~~reduce~~ensure ~~operating~~that ~~costs~~information required to ~~achieve~~be ~~and~~disclosed ~~maintain~~by ~~profitability.~~an ~~Even~~issuer ifin wethe ~~are~~reports ~~able~~that it files or submits under the Exchange Act is accumulated and communicated to ~~generate~~the ~~revenues~~issuer’s management, weincluding ~~may~~its principal ~~experience~~executive ~~price~~and ~~competition~~principal ~~that~~financial ~~will~~officers, ~~lower~~or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure. Based upon our ~~gross~~evaluation, ~~margins~~our chief executive officer and chief financial officer concluded that our ~~profitability.~~disclosure Ifcontrols weand doprocedures ~~achieve~~are ~~profitability~~effective, weas ~~cannot~~of beMarch ~~certain~~31, 2011, in ensuring that material information that we ~~can~~are ~~sustain~~required orto ~~increase~~disclose ~~profitability~~in onreports athat ~~quarterly~~we file or ~~annual~~submit ~~basis~~under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission rules and forms.

IfChanges wein doInternal ~~not~~Control ~~raise~~over ~~additional~~Financial ~~funds, we not be able to operate our business and will have to stop development of our business plan.~~Reporting

WeThere ~~may~~were ~~not~~no bechanges able to obtain additional funds that we will require. We do not presently have adequate cash from operations or financing activities to meet our short term or long-term needs. If unanticipated expenses, problems, and unforeseen business difficulties occur, which result in ~~material delays, we will not be able to operate within~~ our ~~budget.~~system If we do not achieve our internally projected sales revenues and earnings, we will not be able to operate within our budget. If we do not operate within our budget, we will require additional funds to continue our business. If we are unsuccessful in obtaining those funds, we cannot assure you of ~~our~~internal ~~ability~~controls toover ~~generate~~financial ~~positive~~reporting ~~returns~~during to the ~~Company.~~three ~~Further,~~months weended ~~may~~March ~~not be able to obtain the additional funds that we require on terms acceptable to us~~31, ~~if at all. We do not currently have any established third-party bank credit arrangements.~~2012 ~~If the additional funds~~ that wehave ~~may~~materially ~~require are not available to us~~affected, weor ~~may~~are bereasonably ~~required~~likely to ~~curtail~~materially ~~significantly~~affect, ~~or to eliminate some or all of~~ our ~~development,~~internal ~~publishing,~~control orover ~~sales~~financial ~~and marketing programs~~reporting.

15PART II – OTHER INFORMATION

IfItem ~~we need additional funds, we may seek to obtain them primarily through equity or debt financings~~1. Such additional financing, if available on terms and schedules acceptable to us, if available at all, could result in dilution to our current stockholders and to you. We may also attempt to obtain funds through arrangement with corporate partners or others. Those types of arrangements may require us to relinquish certain rights to our intellectual property.

IfLegal ~~Barton PK, LLC does not provide us with capital, we will cease operations~~Proceedings.

~~We rely on funding from our sole shareholder, Barton PK,LLC and expect to continue to do so~~None. There can be no assurance that Barton PK, LLC can or will supply us with some or all of the funds needed to complete our business plan. We do not have a commitment verbal or written from Barton PK,LLC to provide us with additional funding at this time. The failure to secure additional financing from Barton PK, LLC will cause us to cease operations.

WeItem ~~are highly dependent on JD Klamka, our President and CEO~~2. ~~The~~Unregistered ~~loss~~Sales of ~~Mr.~~Equity ~~Klamka,~~Securities ~~whose knowledge, leadership,~~ and ~~technical~~Use ~~expertise~~of ~~upon which we rely, would harm our ability to execute our business plan~~Proceeds.

WeIn ~~are~~November ~~largely~~2011 ~~dependent~~the onCompany JDissued ~~Klamka, our President and CEO, for all aspects of our company. Our ability to successfully develop and market our website may be at risk from~~ an ~~unanticipated~~additional ~~accident~~169,850 ~~injury,~~shares ~~illness, incapacitation, or death~~ of ~~Mr.~~common ~~Klamka.~~stock Upon such occurrence, unforeseen expenses, delays, losses and/or difficulties may be encountered. Our success in the future may also depend on our ability to attract and retain other qualified management and sales and marketing personnel. We compete for ~~such~~a ~~persons~~cash ~~with~~consideration ~~other companies and other organizations, some~~ of ~~which have substantially greater capital resources than we do~~$16,985. ~~We cannot give you any assurance that we will be successful in recruiting or retaining personnel of the requisite caliber or in adequate numbers to enable us to conduct our business.~~

~~Our~~Use ~~management~~of ~~has~~Proceeds noFrom ~~experience~~Sales inof ~~the~~Registered ~~Internet travel or private jet industry, which may affect our ability to operate successfully.~~Securities

~~Our management has no prior experience in either Internet travel or any aspect of private aviation.~~None ~~This lack of experience may affect our ability to operate successfully and compete with our competitors.~~

~~The~~Item ~~lack of public company experience of our management team could adversely impact our ability to comply with the reporting requirements of U~~3.~~S. securities laws.~~

~~Our~~Defaults ~~management~~Upon ~~team~~Senior lacks public company experience, which could impair our ability to comply with legal and regulatory requirements. Our senior management has never had responsibility for managing a publicly traded company. Such responsibilities include complying with federal securities laws and making required disclosures on a timely basis. Our senior management may not be able to implement programs and policies in an effective and timely manner that adequately respond to such increased legal, regulatory compliance and reporting requirements, including the establishing and maintaining internal controls over financial reporting. Any such deficiencies, weaknesses or lack of compliance could have a materially adverse effect on our ability to comply with the reporting requirements of the Securities ~~Exchange Act of 1934 which is necessary to maintain our public company status~~. ~~If we were to fail to fulfill those obligations, our ability to continue as a U.S. public company would be in jeopardy in which event you could lose your entire investment in our company.~~

16None.

WeItem ~~will rely on outside service providers such as writers and web developers that may not be available to us~~4.

WeSubmission ~~intended to hire freelance writers and web developers to develop our website. There is no assurance that we can locate any~~ of ~~these~~Matters ~~service providers and if we are able~~ to ~~that we will be able to hire them on~~ a ~~price~~Vote ~~and terms acceptable to us. In the event we are unable to hire any~~ of ~~these~~Security ~~service providers, we may be forced to suspend or limit our operations~~Holders.

~~Item 3~~None. ~~Controls and Procedures.~~

WeItem carried out an evaluation, under the supervision and with the participation of our management, including our chief executive officer and chief financial officer, of the effectiveness of the design and operation of our disclosure controls and procedures, as defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934, as amended (the ‘‘Exchange Act’’)5. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed by an issuer in the reports that it files or submits under the Exchange Act is accumulated and communicated to the issuer’s management, including its principal executive and principal financial officers, or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure. Based upon our evaluation, our chief executive officer and chief financial officer concluded that our disclosure controls and procedures are effective, as of March 31, 2011, in ensuring that material information that we are required to disclose in reports that we file or submit under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission rules and forms.

~~Changes~~Other ~~in Internal Control over Financial Reporting~~Information.

There were no changes in our system of internal controls over financial reporting during the three months ended September 30, 2011 that have materially affected, or are reasonably likely to materially affect, our internal control over financial reportingNone.

17Item 6.

~~PART~~Exhibits IIand –Reports ~~OTHER~~on ~~INFORMATION~~Form 8-K.

~~Item 1. Legal Proceedings~~Exhibits

~~None.~~Incorporated by reference

~~Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.~~Exhibit

~~Use of Proceeds From Sales of Registered Securities~~number

~~Item~~Exhibit ~~3. Defaults Upon Senior Securities.~~description

~~None.~~Filed

~~Item 4. Submission of Matters to a Vote of Security Holders.~~herewith

~~None.~~Form

~~Item 5. Other Information.~~1

~~None.~~31

~~Item~~Certification 6.pursuant ~~Exhibits~~to ~~and~~Section ~~Reports~~302 onof ~~Form~~the 8Sarbanes-K.Oxley Act

~~Exhibits~~X

Exhibit number		Exhibit description
31.1		Certification pursuant to Section 302 of the Sarbanes-Oxley Act
32.1		Certification pursuant to Section 906 of the Sarbanes-Oxley Act

18Certification pursuant to Section 906 of the Sarbanes-Oxley Act

~~SIGNATURES~~X

~~Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.~~SIGNATURES

	Plaster Caster Inc.
Date: November 21, 2011	By:	/s/ Peter Klamka
		Peter Klamka, President,
		Chief Executive Officer Chief Financial Officer

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

19Plaster Caster Inc.

By:/s/ J.D Klamka

J.D Klamka, President,

Chief Executive Officer

Chief Financial Officer

Date: May 8, 2012

Filing Compare · PLASTER CASTER INC.