10-Q/A

                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                   FORM 10-Q/A
                                (Amendment No. 1)

[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE
    ACT OF 1934

                  For the quarterly period ended June 30, 2011
                                       or

[ ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
    ACT OF 1934

              FOR THE TRANSITION FROM ____________ TO ____________

                        Commission File Number: 000-54017


                             MEIGUO VENTURES I, INC.
             (Exact name of registrant as specified in its charter)

            Delaware                                             26-3551294
(State or other Jurisdiction of                               (I.R.S. Employer
 Incorporation or Organization)                              Identification No.)

5155 Spectrum Way, Unit #5, Mississauga, ON, Canada                L4W 5A1
   (Address of principal executive offices)                       (Zip code)

                  Registrant's telephone number: (647) 426-1640

Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the  preceding 12 months (or for such  shorter  period that the  registrant  was
required  to file  such  reports),  and  (2) has  been  subject  to such  filing
requirements for the past 90 days. Yes [X] No [ ]

Indicate by check mark whether the registrant has submitted  electronically  and
posted on its  Website,  if any,  every  Interactive  Data File  required  to be
submitted and posted pursuant to Rule 405 of Regulation S-T (Sec.232.405 of this
chapter)  during the  preceding 12 months (or for such  shorter  period that the
registrant was required to submit and post such files). Yes [ ] No [ ]

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

Large accelerated filer [ ]                        Accelerated filer [ ]

Non-accelerated filer [ ]                          Smaller reporting company [X]

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

          APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS
                         DURING THE PRECEDING FIVE YEARS

Indicate by check mark whether the  registrant  filed all  documents and reports
required  to be filed by Section 12, 13 or 15(d) of the  Exchange  Act after the
distribution of securities under a plan confirmed by a court. Yes [ ] No [ ]

                      APPLICABLE ONLY TO CORPORATE ISSUERS

State the number of shares outstanding of each of the issuer's classes of common
equity,  as of the latest  practicable  date: As of August 15, 2011,  there were
4,132,559  outstanding  shares of the  Registrant's  Common  Stock,  $0.0001 par
value.

                                EXPLANATORY NOTE

The purpose of this  Amendment No. 1 to the Company's  Quarterly  Report on Form
10-Q for the quarterly period ended June 30, 2011, filed with the Securities and
Exchange  Commission on August 15, 2011 (the "Form 10-Q"),  is solely to furnish
Exhibit 101 to the Form 10-Q. Exhibit 101 provides the financial  statements and
related  notes  from  the  Form  10-Q  formatted  in XBRL  (Extensible  Business
Reporting Language).

No other  changes have been made to the Form 10-Q.  This  Amendment No. 1 to the
Form 10-Q  continues to speak as of the  original  filing date of the Form 10-Q,
does not reflect events that may have occurred subsequent to the original filing
date, and does not modify or update in any way disclosures  made in the original
Form 10-Q.

Pursuant to rule 406T of Regulation S-T, the  Interactive  Data Files on Exhibit
101  hereto  are  deemed  not  filed  or part  of a  registration  statement  or
prospectus  for purposes of Sections 11 or 12 of the  Securities Act of 1933, as
amended,  are deemed not filed for purposes of Section 18 of the  Securities Act
of 1934,  as amended,  and  otherwise  are not subject to liability  under those
sections.

ITEM 6. EXHIBITS.

Exhibit                            Description
-------                            -----------

3(i).1*  Certificate of  Incorporation  of Meiguo Ventures I, Inc. filed October
         31, 2008, with the Secretary of State of Delaware
3(i).2*  Certificate of Amendment to the Certificate of  Incorporation of Meiguo
         Ventures I, Inc.  filed on March 10, 2010,  with the Secretary of State
         of Delaware
3(ii)*   By-Laws of Meiguo Ventures I, Inc.
14*      Code of Business Conduct and Ethics
31.1**   Certification under Section 302 of Sarbanes-Oxley Act of 2002.
32.1**   Certification under Section 906 of Sarbanes-Oxley Act of 2002.
101***   Interactive Data Files pursuant to Rule 405 of Regulation S-T.

----------
*     Exhibits incorporated herein by reference. File No. 333-165726.
**    Incorporated by reference to the Quarterly Report on Form 10-Q filed on
      August 15, 2011.
***   Filed herewith.


                                        2

                                   SIGNATURES

Pursuant to the  requirements of Section 13 or 15(d) of the Securities  Exchange
Act of 1934,  the  Registrant  has duly  caused  this report to be signed on its
behalf by the undersigned, thereunto duly authorized.

                                  MEIGUO VENTURES I, INC.


Date: September 6, 2011           /s/ Teresita Rubio
                                  ----------------------------------------------
                                  Teresita Rubio
                                  President, Chief Executive Officer and
                                  Chief Financial Officer (Principal Accounting,
                                  Executive and Financial Officer)


                                       3

XML



Balance Sheets (Parentheticals) (USD $)	Jun. 30, 2011	Dec. 31, 2010
Preferred Stock, par value	$ 0.0001	$ 0.0001
Preferred Stock, shares authorized	20,000,000	20,000,000
Preferred Stock, shares issued	0	0
Preferred Stock, shares outstanding	0	0
Common Stock, par value	$ 0.0001	$ 0.0001
Common Stock, shares authorized	250,000,000	250,000,000
Common Stock, shares issued	4,132,559	4,132,559
Common Stock, shares outstanding	4,132,559	4,132,559

XML



Statements of Operations (Unaudited) (USD $)	3 Months Ended		6 Months Ended		32 Months Ended
	Jun. 30, 2011	Jun. 30, 2010	Jun. 30, 2011	Jun. 30, 2010	Jun. 30, 2011
REVENUE	$ 0	$ 0	$ 0	$ 0	$ 0
GENERAL AND ADMINISTRATION EXPENSES
Filing Fees	365	1,373	365	1,373	2,596
Bank charges	0	619	0	1,335	1,362
Professional Fees	750	2,750	7,980	30,003	45,983
OPERATING LOSS	(1,115)	(4,742)	(8,345)	(32,711)	(49,941)
Provision for income taxes	0	0	0	0	0
Net (loss)	$ (1,115)	$ (4,742)	$ (8,345)	$ (32,711)	$ (49,941)
NET (LOSS) PER SHARE Basic and diluted	$ (0.002)	$ (0.01)	$ (0.01)	$ (0.01)	$ (0.02)
WEIGHTED AVERAGE SHARES OUTSTANDING
Basic and diluted	4,132,559	3,111,503	4,132,559	2,611,095	2,608,036

XML



Document and Entity Information	6 Months Ended
	Jun. 30, 2011	Aug. 12, 2011
Document and Entity Information
Entity Registrant Name	Meiguo Ventures I, Inc.
Document Type	10-Q
Document Period End Date	Jun. 30, 2011
Amendment Flag	false
Entity Central Index Key	0001488087
Current Fiscal Year End Date	--12-31
Entity Common Stock, Shares Outstanding		4,132,559
Entity Filer Category	Smaller Reporting Company
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Document Fiscal Year Focus	2011
Document Fiscal Period Focus	Q2

XML



Related Party Transactions

6 Months Ended

Jun. 30, 2011

Related Party Disclosures

Related Party Transactions Disclosure [Text Block]

NOTE 6 - RELATED PARTY TRANSACTIONS

The Company has received  advances  from a  shareholder  to funds its  operating

costs.  At June 30, 2011 the amount due to the related party is $ 17,766.  These

advances are considered short-term in nature and are non-interest bearing.

From  October  31,  2008,  the  date of  inception,  through  June 30,  2011,  a

shareholder has provided office space to the Company at no charge.

XML



Accounting Policies

6 Months Ended

Jun. 30, 2011

Accounting Policies

Significant Accounting Policies [Text Block]

NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

BASIS OF PRESENTATION

The Company is currently a shell company and has limited operations. The Company

intends to locate and combine  with an existing  company that is  profitable  or

which, in management's view, has growth potential,  irrespective of the industry

in  which  it  is  engaged.  A  combination  may  be  structured  as  a  merger,

consolidation, exchange of the Company's common stock for stock or assets or any

other form.

Pending  negotiation and  consummation of a combination the Company  anticipates

that it will have, aside from carrying on its search for a combination  partner,

no business  activities,  and, thus, will have no source of revenue. The Company

does not currently have cash on hand sufficient to fund its operations until the

earlier of a combination  or a period of one year,  and will be required to seek

additional  funding to consummate a transaction.  The Company  intends to either

seek additional  equity or debt financing.  No assurances can be given that such

equity or debt financing will be available,  nor can there be any assurance that

a combination transaction will be consummated. Should the Company be required to

incur any significant liabilities prior to a combination transaction,  including

those  associated with the current  minimal level of general and  administrative

expenses,  it may not be able to satisfy those  liabilities  in the event it was

unable to obtain additional equity or debt financing.

The  Company  has not  earned  any  revenue  from  operations  since  inception.

Accordingly,  the  Company's  activities  have been  accounted for as those of a

"DEVELOPMENT  STAGE  COMPANY"  as set forth in  Financial  Accounting  Standards

("FAS")  Accounting   Standards   Codification  (`ASC")  Topic  915.  Among  the

disclosures   required  by  are  that  the  Company's  financial  statements  be

identified as those of a development  stage company,  and that the statements of

operations, stockholders' equity and cash flows disclose activity since the date

of the  Company's  inception.  The  Company  has elected a fiscal year ending on

December 31.

USE OF ESTIMATES

The preparation of financial  statements in conformity  with generally  accepted

accounting  principles  accepted  in  the  United  States  of  America  requires

management to make estimates and assumptions that affect the reported amounts of

assets and  liabilities  and disclosure of contingent  assets and liabilities at

the date of the financial  statements  and the reported  amounts of revenues and

expenses  during the reporting  period.  Actual  results could differ from those

estimates.

FAIR VALUE OF FINANCIAL INSTRUMENTS

The Company's financial instruments,  as defined by FASB ASC 825-10-50,  include

cash,  accounts payable and accrued expenses.  All instruments are accounted for

on a historical cost basis,  which, due to the short maturity of these financial

instruments, approximates fair value at June 30, 2011.

FASB ASC 820 defines fair value,  establishes  a framework  for  measuring  fair

value in accordance with generally accepted accounting  principles,  and expands

disclosures about fair value measurements. FASB ASC 820 establishes a three-tier

fair value hierarchy which prioritizes the inputs used in measuring fair value.

The Company does not have any assets or liabilities  measured at fair value on a

recurring basis at March 31, 2011

CASH AND CASH EQUIVALENTS

The Company  considers  all highly  liquid  investments  with  maturity of three

months or less when purchased to be cash equivalents.

INCOME TAXES

Deferred  tax  assets  and   liabilities  are  recognized  for  the  future  tax

consequences   attributable  to  differences  between  the  financial  statement

carrying  amounts of existing assets and  liabilities  and their  respective tax

bases.  Deferred tax assets,  including tax loss and credit  carryforwards,  and

liabilities  are measured  using enacted tax rates  expected to apply to taxable

income in the years in which  those  temporary  differences  are  expected to be

recovered  or settled.  The effect on deferred tax assets and  liabilities  of a

change in tax rates is  recognized  in income in the period  that  includes  the

enactment  date.  Deferred  income tax expense  represents the change during the

period in the deferred tax assets and deferred tax  liabilities.  The components

of the  deferred  tax assets and  liabilities  are  individually  classified  as

current and non-current based on their characteristics.  Deferred tax assets are

reduced by a valuation allowance when, in the opinion of management,  it is more

likely than not that some  portion or all of the deferred tax assets will not be

realized.

BASIC EARNINGS (LOSS) PER SHARE

Basic net earnings  (loss) per common share is computed by dividing net earnings

(loss)  applicable  to common  shareholders  by the  weighted-average  number of

common shares  outstanding  during the period.  Diluted net earnings  (loss) per

common share is determined  using the  weighted-average  number of common shares

outstanding during the period,  adjusted for the dilutive effect of common stock

equivalents,  consisting  of shares that might be issued upon exercise of common

stock options. In periods where losses are reported, the weighted-average number

of common shares outstanding  excludes common stock  equivalents,  because their

inclusion would be  anti-dilutive.  At March 31, 2011 diluted net loss per share

is equivalent to basic net loss per share as there are no  potentially  dilutive

securities  outstanding  and the inclusion of any shares  committed to be issued

would be anti-dilutive.

IMPACT OF NEW ACCOUNTING STANDARDS

The Company has implemented all new relevant accounting  pronouncements that are

in effect through the date of these financial  statements.  These pronouncements

did not have any material impact on the financial  statements  unless  otherwise

disclosed,  and the  Company  does not  believe  that  there  are any  other new

accounting  pronouncements  that have been  issued  that  might  have a material

impact on its financial position or results of operations.

REVENUE RECOGNITION

The Company has not yet commenced its principal operations,  and therefore,  the

financial  statements  are presented in accordance  with ASC Topic 915. When the

Company  commences  operations,  revenue  will  be  recognized  when  all of the

following have been met:

     *    Persuasive evidence of an arrangement exists;

     *    Delivery or service has been performed;

     *    The customer's fee is deemed to be fixed or  determinable  and free of

          contingencies or significant uncertainties

     *    Collectability is probable.

XML



Subsequent Events

6 Months Ended

Jun. 30, 2011

Subsequent Events

Subsequent Events [Text Block]

NOTE 8 - SUBSEQUENT EVENTS

Management  has  evaluated  subsequent  events,  and the impact on the  reported

results and  disclosures and determined that there have not been any events that

would be required to be reflected in the financial statements or the notes.

XML



Stockholders' Equity

6 Months Ended

Jun. 30, 2011

Equity

Stockholders' Equity Note Disclosure [Text Block]

NOTE 7 - STOCKHOLDERS' EQUITY

The Company's  articles of  incorporation  have  authorized the Company to issue

270,000,000 shares of its stock., consisting of 250,000,000 shares of $.0001 par

value common stock, of which 4,132,559  shares are issued and  outstanding,  and

20,000,000 A shares of $.0001 par value preferred stock  , of which none are issued or

outstanding.  The  preferred  stock shall have those  rights,  preferences,  and

designations as determined by the Board of Directors for each series.

XML



Statements of Cash Flows (Unaudited) (USD $)	6 Months Ended		32 Months Ended
	Jun. 30, 2011	Jun. 30, 2010	Jun. 30, 2011
CASH FLOW FROM OPERATING ACTIVITIES
Net (loss)	$ (8,345)	$ (32,711)	$ (49,941)
Adjustments to reconcile net loss to net cash used by operating activities:
Common stock issued for services	0	2,000	0
Changes in Assets and Liabilities
Accounts payable	(2,250)	0	1,750
Accrued expenses	(2,850)	5,881	0
NET CASH FLOW USED IN OPERATING ACTIVITIES	(13,445)	(24,830)	(48,191)
INVESTING ACTIVITIES	0	0	0
FINANCING ACTIVITIES
Proceeds from related party advances	10,876	0	16,766
Proceeds from sale of common stock or subscribed	0	28,597	31,425
NET CASH FLOW PROVIDED BY FINANCING ACTIVITIES	10,876	28,597	48,191
NET CHANGE IN CASH	(2,569)	3,767	0
CASH, BEGINNING OF PERIOD	2,569	2,513
CASH, END OF END OF PERIOD	$ 0	$ 6,280	$ 0

XML



Income Taxes

6 Months Ended

Jun. 30, 2011

Income Taxes

Income Tax Disclosure [Text Block]

NOTE 3 - INCOME TAXES

At June 30, 2011 deferred tax assets consist of the following:

                                                    June 30, 2011

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

                 Federal loss carry forwards          $ 17,465

                 Less: valuation allowance             (17,465)

                                                      --------

                                                      $     --

                                                      ========

The increase in the valuation allowance for deferred tax assets at June 30, 2011

was $385.  In assessing  the  recovery of the  deferred  tax assets,  management

considers  whether it is more  likely  than not that some  portion or all of the

deferred tax assets will not be realized.  The ultimate  realization of deferred

tax assets is dependent  upon the  generation  of future  taxable  income in the

periods in which  those  temporary  differences  become  deductible.  Management

considers the scheduled reversals of future deferred tax liabilities,  projected

future taxable income, and tax planning strategies in making this assessment. As

a result,  management  determined  it was more likely than not the  deferred tax

assets  would not be realized  as of  December  31,  2011,  and  recorded a full

valuation allowance.

As of June 30, 2011, the effective tax rate is lower than the statutory rate due

to net operating losses.

The estimated net operating loss carry forwards of  approximately  $49,900 begin

to expire in 2029.

XML



Commitment and Contingencies

6 Months Ended

Jun. 30, 2011

Commitment and Contingencies

Commitments and Contingencies Disclosure [Text Block]

NOTE 4 - COMMITMENTS AND CONTINGENCIES

Certain  conditions  may exist  which may result in a loss to the  Company,  but

which will only be  resolved  when one or more  future  events  occur or fail to

occur.  The Company's  management and its legal counsel  assess such  contingent

liabilities, and such assessment inherently involves an exercise of judgment. In

assessing  loss  contingencies  related to legal  proceedings  that are  pending

against the Company,  or unasserted  claims that may result in such proceedings,

the  Company's  legal  counsel  evaluates  the  perceived  merits  of any  legal

proceedings or unasserted  claims as well as the perceived  merits of the amount

of relief sought or expected to be sought therein.

If the assessment of a contingency indicates that it is probable that a material

loss has been incurred and the amount of the  liability  can be  estimated,  the

estimated liability would be accrued in the Company's financial  statements.  If

the  assessment  indicates that a potentially  material loss  contingency is not

probable but is reasonably possible, or is probable but cannot be estimated, the

nature of the  contingent  liability,  together with an estimate of the range of

possible  loss  if  determinable   and  material,   would  be  disclosed.   Loss

contingencies  considered  remote are generally not disclosed  unless they arise

from guarantees, in which case the guarantees would be disclosed.

At June 30, 2011, the Company was not involved in any litigation.

XML



Going Concern

6 Months Ended

Jun. 30, 2011

Going Concern

Liquidity Disclosure [Policy Text Block]

NOTE 5 - GOING CONCERN

At June 30, 2011 the Company  does not engage in any  business  activities  that

provide cash flow.  The Company has a working  capital  deficit and has incurred

losses from  inception  of  approximately  $49,900.  As such,  the  accompanying

financial  statements have been prepared assuming that the Company will continue

as a going concern. The Company does not have sufficient working capital for its

planned activities, which raises substantial doubt about its ability to continue

as a going concern.

Future  issuances of the Company's equity or debt securities will be required in

order for the Company to continue to finance its  operations  and  continue as a

going concern.

The Company's  ability to raise additional  capital through the future issuances

of  common  stock is  unknown.  The  obtainment  of  additional  financing,  the

successful development of the Company's contemplated plan of operations, and its

transition, ultimately, to the attainment of profitable operations are necessary

for the Company to continue  operations.  The  ability to  successfully  resolve

these factors raise substantial doubt about the Company's ability to continue as

a going concern.  These financial statements do not include any adjustments that

may result from these uncertainties.

XML



Statements of Stockholders' Equity (Deficit) (USD $)	Common Stock Shares	Common Stock Amount	Common Stock Subscribed	Additional Paid in Capital Options	Deficit Accumulated During the Development Stage	Total Stockholders' Equity (Deficit)
October 31, 2008, inception, common stocksubscribed @ $.0001 par value at Oct. 31, 2008	1,000,000	0	100	0	0	100
Net loss for the period ended December 31, 2008	$ 0	$ 0	$ 0	$ 0	$ 230	$ 0
BALANCE , at Dec. 31, 2008	1,000,000	0	100	0		(130)
Shares issued for common stock previoulsy subscribed	0	100	(100)	0		0
Common stock issued for cash:
@ $0.01 per share Dec 15, 2009	59,000	6	0	584		590
@ $0.01 per share, Dec 15 2009	60,000	6	0	594		600
@ $0.01 per share Dec 15 2009	65,000	7	0	643		650
@ $0.01 per share, Dec 15, 2009.	60,000	6	0	594		600
Net loss for the period ended December 31, 2009	0	0	0	0	(3,027)	(3,027)
BALANCE , at Dec. 31, 2009	1,244,000	124	0	2,416	(3,257)	(717)
Common stock issued for cash:
@ $.01 per share, Janaury 8, 2010	231,900	23	0	2,296		2,319
@ $.01 per share, January 15, 2010	119,169	12	0	1,180		1,192
@ $.01 per share, January 19, 2010	413,485	41	0	4,093		4,134
@ $.01 per share, January 19 2010	64,000	6	0	634		640
@ $.01 per share, January 28, 2010	57,800	6	0	572		578
@ $.01 per share, February 5, 2010	58,500	6	0	579		585
@ $.01 per share, February 22, 2010	122,555	12	0	1,214		1,226
@ $.01 per share, February 22 2010	1,152,800	115	0	11,413		11,528
@ $.01 per share, March 3, 2010	468,350	47	0	4,636		4,683
@ $.01 per share, March 5, 2010	200,000	20	0	1,980		2,000
Net loss for the year ended December 31, 2010	0	0	0	0	(38,339)	(38,339)
BALANCE , at Dec. 31, 2010	4,132,559	412	0	31,013	(41,596)	(10,171)
Common stock issued for cash:
Net Loss for the six months ended June 30, 2011	$ 0	$ 0	$ 0	$ 0	$ (8,345)	$ (8,345)
BALANCE , at Jun. 30, 2011	4,132,559	412	0	31,013	(49,941)	(18,516)

XML



Organization And Description Of Business

6 Months Ended

Jun. 30, 2011

Organization, Consolidation and Presentation of Financial Statements

Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]

NOTE 1. ORGANIZATION AND DESCRIPTION OF BUSINESS

Meiguo Ventures I, Inc. (the "COMPANY") was  incorporated  under the laws of the

State of Delaware on October 31, 2008. The Company intends to serve as a vehicle

to effect an asset  acquisition,  merger,  exchange  of  capital  stock or other

business combination with a domestic or foreign business.

XML



Balance Sheets (USD $)	Jun. 30, 2011	Dec. 31, 2010
CURRENT ASSETS:
Cash and Cash Equivalents	$ 0	$ 2,569
TOTAL CURRENT ASSETS	0	2,569
TOTAL ASSETS	0	2,569
CURRENT LIABILITIES
Accounts payable	0	3,250
Accrued expenses	750	3,600
TOAL CURRENT LIABILITIES	750	6,850
Payable to a related parties	17,766	5,890
TOTAL LIABILITIES	18,516	12,740
COMMITMENTS AND CONTINGENCIES (NOTE 4)	0	0
STOCKHOLDERS' EQUITY
Preferred stock ($.0001 par value), 20,000,000 shares audthorized, none issued and outstanding	0	0
Common stock ($.0001 par value), 250,000,000 shares authorized4,132,559 issued and outstanding as of 06/30/2011 and 4,132,559, 03/31/2010	413	413
Additional paid-in capital	31,012	31,012
(Deficit) accumulated during the development stage	(49,941)	(41,596)
TOTAL STOCKHOLDERS' EQUITY	(18,516)	(10,171)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 0	$ 2,569