U.S.SECURITIES AND EXCHANGE COMMISSION
                              Washington D.C. 20549

                                    FORM 10-Q
                 Quarterly Report under Section 13) or 15(d) of
                           The Securities Act of 1934

                       For the Period ended July 31, 2008

                        Commission File Number 333-148167


                                 EURO TREND INC.
                 (Name of small business issuer in its charter)

        Nevada                                                    98-0530147
(State of incorporation)                                    (Employer ID Number)

                                 13 Falcon Hill
                    Lovers Walk Tivoli, Cork, L2 0000 Ireland
                               00-353-862-44-5850
          (Address and telephone number of principal executive offices)

                              Business Filings Inc.
                            6100 Neil Road, Suite 500
                                 Reno, NV 89511
                                  608-827-5300
            (Name, address and telephone number of agent for service)

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 is a shell company (as defined in
rule 12b-2 of the Exchange Act). Yes [ ]  No [X]

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

Large accelerated filer [ ]                        Accelerated filer [ ]

Non-accelerated filer [ ]                          Smaller reporting company [X]
(Do not check if smaller reporting company)

There were 6,625,000 shares of Common Stock outstanding as of July 31, 2008.

                                EURO TREND, INC.
                          (A Development Stage Company)
                                  Balance Sheet
--------------------------------------------------------------------------------



                                                                    As of              As of
                                                                   July 31,          October 31,
                                                                     2008               2007
                                                                   --------           --------
                                                                                
                                     ASSETS

CURRENT ASSETS
  Cash                                                             $     15           $ 17,540
                                                                   --------           --------
TOTAL CURRENT ASSETS                                                     15             17,540
                                                                   --------           --------

      TOTAL ASSETS                                                 $     15           $ 17,540
                                                                   ========           ========

                       LIABILITIES & STOCKHOLDERS' EQUITY

CURRENT LIABILITIES
  Accounts Payable                                                 $  2,600           $     --
  Loan from Director                                                 10,528                528
                                                                   --------           --------
TOTAL CURRENT LIABILITIES                                            13,128                528

      TOTAL LIABILITIES                                              13,128                528

STOCKHOLDERS' EQUITY
  Common stock, ($0.001 par value, 75,000,000 shares
   authorized; 6,625,000 shares issued and outstanding
   as of July 31, 2008 and October 31, 2007 respectively              6,625              6,625
  Additional paid-in capital                                         15,975             15,975
  Deficit accumulated during exploration stage                      (35,713)            (5,588)
                                                                   --------           --------
TOTAL STOCKHOLDERS' EQUITY                                          (13,113)            17,012
                                                                   --------           --------

      TOTAL LIABILITIES & STOCKHOLDERS' EQUITY                     $     15           $ 17,540
                                                                   ========           ========



                       See Notes to Financial Statements

                                       2

                                EURO TREND, INC.
                          (A Development Stage Company)
                             Statement of Operations
--------------------------------------------------------------------------------



                                                                                         March 27, 2007
                                                Three Months          Nine Months          (inception)
                                                   Ended                Ended               through
                                                  July 31,             July 31,             July 31,
                                                    2008                 2008                 2008
                                                 ----------           ----------           ----------
                                                                                  
REVENUES
  Revenues                                       $       --           $       --           $       --
                                                 ----------           ----------           ----------
TOTAL REVENUES                                           --                   --                   --

GENERAL & ADMINISTRATIVE EXPENSES                     3,930               30,125               35,713
                                                 ----------           ----------           ----------
TOTAL GENERAL & ADMINISTRATIVE EXPENSES              (3,930)             (30,125)             (35,713)
                                                 ----------           ----------           ----------

NET INCOME (LOSS)                                $   (3,930)          $  (30,125)          $  (35,713)
                                                 ==========           ==========           ==========

BASIC EARNINGS PER SHARE                         $    (0.00)          $    (0.00)
                                                 ==========           ==========
WEIGHTED AVERAGE NUMBER OF
 COMMON SHARES OUTSTANDING                        6,625,000            6,625,000
                                                 ==========           ==========



                       See Notes to Financial Statements

                                       3

                                EURO TRENDS, INC.
                          (A Development Stage Company)
                             Statement of Cash Flows
--------------------------------------------------------------------------------



                                                                                       March 27, 2007
                                                                      Nine Months       (inception)
                                                                        Ended             through
                                                                       July 31,           July 31,
                                                                         2008               2008
                                                                       --------           --------
                                                                                    
CASH FLOWS FROM OPERATING ACTIVITIES
  Net income (loss)                                                    $(30,125)          $(35,713)
  Adjustments to reconcile net loss to net cash
   provided by (used in) operating activities:

  Changes in operating assets and liabilities:
    Accounts Payable                                                      2,600              2,600
    Loan from Director                                                   10,000             10,528
                                                                       --------           --------
          NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES           (17,525)           (22,585)

CASH FLOWS FROM INVESTING ACTIVITIES

          NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES                --                 --

CASH FLOWS FROM FINANCING ACTIVITIES
  Issuance of common stock                                                   --              6,625
  Additional paid-in capital                                                 --             15,975
                                                                       --------           --------
          NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES                --             22,600
                                                                       --------           --------

NET INCREASE (DECREASE) IN CASH                                         (17,525)                15

CASH AT BEGINNING OF PERIOD                                              17,540                 --
                                                                       --------           --------

CASH AT END OF PERIOD                                                  $     15           $     15
                                                                       ========           ========

SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION

Cash paid during year for:
  Interest                                                             $     --           $     --
                                                                       ========           ========

  Income Taxes                                                         $     --           $     --
                                                                       ========           ========



                       See Notes to Financial Statements

                                       4

                                 EURO TREND INC.
                          (A Development Stage Company)
                        Notes to the Financial Statements
                                  July 31, 2008


NOTE 1. ORGANIZATION AND DESCRIPTION OF BUSINESS

Euro Trend Inc. (the "Company") was incorporated on March 27, 2007 in the state
of Nevada . The Company is a development stage company that intends to
distribute high end clothing manufactured in Ireland throughout North America.
The business of distributing is one of the oldest and most common businesses in
history. A distribution company acts as a middleman between the manufacturer and
the retailers.

NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

a.   Basis of Presentation

     The accounting and reporting policies of the Company conform to U.S.
     generally accepted accounting principles applicable to development stage
     enterprises.

b.   Fiscal Periods

     The Company's fiscal year end is October 31st

c.   Use of Estimates

     The preparation of financial statements in conformity with U.S, generally
     accepted accounting principles 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 amount of revenues and expenses
     during the reporting period. Actual results could differ from those
     estimates.

d.   Cash and Cash Equivalents

     Cash and cash equivalents include cash in banks, money market funds, and
     certificates of term deposits with maturities of less than three months
     from inception, which are readily convertible to known amounts of cash and
     which, in the opinion of management, are subject to an insignificant risk
     of loss in value. The Company had $15 in cash and cash equivalents at July
     31, 2008.

                                       5

                                 EURO TREND INC.
                          (A Development Stage Company)
                        Notes to the Financial Statements
                                  July 31, 2008


e.   Start up Costs

     In accordance with the American Institute of Certified Public Accountants
     Statement of Position 98-5, "Reporting on the Costs of Start-up
     Activities." The Company expenses all costs incurred in connection with the
     start up and organization of the Company.

f.   Fair Value of Financial Instruments and Derivative Financial Instruments

     The Company has adopted Statement of Financial Accounting Standards
     ("SFAS") Number 119, "Disclosure about Derivative Financial Instruments and
     Fair Value of Financial Instruments." The carrying amount of accrued
     liabilities approximates its fair value because of the short maturity of
     this item. Certain fair value estimates may be subject to and involve,
     uncertainties and matters of significant judgment, and, therefore, cannot
     be determined with precision. Changes in assumptions could significantly
     affect these estimates. The Company does not hold or issue financial
     instruments for trading purposes, nor does it utilize derivative
     instruments in the management of its foreign exchange, commodity price or
     interest rate market risks.

g.   Segmented Reporting

     SFAS Number 131, "Disclosure about Segments of an Enterprise and Related
     Information," changed the way public companies report information about
     segments of their business in the quarterly reports issued to shareholders.
     It also requires entity-wide disclosures about the products and service an
     entity provides, the material countries in which it holds assets and
     reports revenues and its major customers.

h.   Federal Income Taxes

     Deferred income taxes are reported for timing differences between items of
     income or expense reported in the financial statements and those reported
     for income tax purposes in accordance with SFAS Number 109, "Accounting for
     Income Taxes," which requires the use of the asset/liability method of
     accounting for income taxes. Deferred income taxes and tax benefits are
     recognized for the future tax consequences thatare attributable to
     differences between the financial statements carrying amounts of existing
     assets and liabilities and their respective tax bases, and for tax loss and
     carryforwards. Deferred tax assets 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
     Company provides for deferred taxes for the estimated future tax effects
     attributable to temporary differences and carryforwards when realization is
     more likely than not.

                                       6

                                 EURO TREND INC.
                          (A Development Stage Company)
                        Notes to the Financial Statements
                                  July 31, 2008


i.   Earnings (Loss) per Share

     The Company has adopted Financial Accounting Standards Board ("FASB")
     Statement Number 128, "Earnings per Share," (EPS) which requires
     presentation of basic and diluted EPS on the face of the income statement
     for all entities with complex capital structures and requires a
     reconciliation of the numerator and denominator of the basic EPS
     computation to the numerator and denominator of the diluted EPS
     computation. In the accompanying financial statements, basic earnings
     (loss) per share is computed by dividing net income/loss by the weighted
     average number of shares of common stock outstanding during the period.

j.   Foreign Currency Transactions

     The Company's functional and reporting currency will be the U.S. Dollar. No
     significant gains or losses were recorded from inception (March 27, 2007)
     to July 31, 2008.

k.   Comprehensive Income (Loss)

     SFAS No. 130, "Reporting Comprehensive Income," establishes standards for
     reporting and display of comprehensive income and its components in a full
     set of general-purpose financial statements. For the period ended July 31,
     2008, The Company had no items of other comprehensive income. Therefore,
     net loss equals comprehensive loss for the period ended July 31, 2008.

l.   Revenue Recognition

     The Company recognizes revenue from the sale of products in accordance with
     the Securities and Exchange Commission Staff Accounting Bulletin No. 104
     ("SAB 104"), "Revenue Recognition in Financial Statements." Revenue will
     consist of retail sales income and will be recognized only when all of the
     following criteria have been met:

             Evidence of a retail sales ticket exists
             Delivery has occurred; and
             Revenue is reasonably assured

                                       7

                                 EURO TREND INC.
                          (A Development Stage Company)
                        Notes to the Financial Statements
                                  July 31, 2008


NOTE 3. CAPITAL STOCK

A)   Authorized Stock:

     The Company has authorized 75,000,000 common shares with a par value of
     $0.001 per share. Each common share entitles the older to one vote, in
     persona or proxy, on any matter on which action of the stockholder of the
     corporation is sought.

B)   Share Issuance

     From inception of the Company (March 27, 2007) to July 31, 2008, the
     Company issued:

     *    3,000,000 shares issued (to the Director) at a price of $0.001/per
          share (par value) for total proceeds of $3,000

     *    2,100,000 shares were issued at a price of $0.001/per share for total
          proceeds of $2,100.

     *    1,500,000 shares at $0.01/ per share were issued for total proceeds of
          $15,000; $1,500 of which was for common stock and $13,500 for
          additional paid in capital

     *    25,000 shares were issued at $0.10/per share for total proceeds of
          $2,500; $25 of which was for common stock and $2,475 for additional
          paid in capital.

NOTE 4. GOING CONCERN AND LIQUIDITY CONSIDERATIONS

The accompanying financial statements have been prepared assuming that the
Company will continue as a going concern, which contemplates the realization of
assets and the liquidation of liabilities in the normal course of business. As
at July 31, 2008, the Company has an accumulated deficit of $35,713, working
capital of $15 and has earned no revenues since inception. The existing cash may
be insufficient to fund its capital expenditures, working capital and other cash
requirements for the year ending December 31, 2008.

The ability of the Company to emerge from the development stage is dependent
upon, among other things, revenues or obtaining additional financing to continue
operations.

These factors, among others, raise substantial doubt about the Company's ability
to continue as a going concern. The accompanying financial statements do not
include any adjustments that might result from the outcome of this uncertainty.

                                       8

                                 EURO TREND INC.
                          (A Development Stage Company)
                        Notes to the Financial Statements
                                  July 31, 2008


NOTE 5. INCOME TAXES

The Company has incurred operating losses of $35,713, which, if utilized, will
begin to expire in 2027. Future tax benefits which may arise as a result of
these losses, have not been recognized in these financial statements, and have
been off set by a valuation allowance.

Details of future income tax assets are as follows:

                                                                 July 31, 2008
                                                                 -------------
     Future income tax assets:
     Net operating loss (inception to July 31, 2008)                $ 35,713
     Statutory tax rate (fed/state)                                       34%

     Non-capital tax loss                                           $ 12,142
     Valuation allowance                                            $(12,142)

The potential future tax benefits of these losses have not been recognized in
these financial statements due to uncertainty of their realization. When the
future utilization of some portion of the carryforwards is determined not to be
"more likely than no" a valuation allowance is provided to reduce the recorded
tax benefits from such assets.

NOTE 6. RELATED PARTY TRANSACTIONS

While the company was in its organization phase, Mr. O'Brien advanced funds to
the Company to pay for organizational costs. These funds are interest free. The
balance due Mr. O'Brien was $10,528 on July 31, 2008.

                                       9

ITEM 2. MANAGEMENT'S DISCUSSION ,ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF
        OPERATIONS

FORWARD-LOOKING STATEMENTS

Statements contained herein which are not historical facts are forward-looking
statements as that term is defined by the Private Securities Litigation Reform
Act of 1995. Although the Company believes that the expectations reflected in
such forward-looking statement are reasonable, forward-looking statements are
subject to risks and uncertainties that could cause actual results to differ
from those projected. The Company cautions investors that any forward-looking
statements made by the Company are not guarantees of future performance and
actual results may differ materially from those in the forward-looking
statements. Such risks and uncertainties include without limitation: established
competitors who have substantially greater financial resources and operating
histories, regulatory delays or denials, ability to compete as a start-up
company in a highly competitive market and access to sources of capital.

The following discussion and analysis should be read in conjunction with our
financial statements and notes thereto included elsewhere in this form 10-Q.
Except for the historical information contained herein, the discussion in this
form 10-Q contains certain forward-looking statements that involve risk and
uncertainties, such as statements of our plans, objectives, expectations and
intentions. The cautionary statements made in this form 10-Q should be read as
being applicable to all related forward-looking statements wherever they appear
in this form 10-Q. The Company's actual results could differ materially from
those discussed here.

BUSINESS

Our core business is the wholesaling of high-end fashion to premium stores
throughout North America.

Our future plan of operation is to generate income from the wholesale of
high-end fashion for men and women to existing premium stores throughout North
America. We will offer our clients the ability to enter purchase orders online
from our website or by contacting us by telephone. As our business prospers, we
plan to operate franchise clothing stores in selective cities in North America
and Europe.

Our website is currently being developed and is still under construction. We are
also involved in organizational activities which include the execution of a
distribution agreement with our product supplier. We anticipate that these
activities will cost approximately $120,000.

In the next 12 months we expect to take the following steps in connection with
the further development of our business and the implementation of our plan of
operations. We anticipate spending approximately $35,000 on professional fees
and general administrative expenses, including fees payable in connection with
the filing of this quarterly report and complying with reporting obligations.

                                       10

MONTHS 1 THROUGH 3

Bookkeeping, general expenses and filling fees, $9,000.

MONTHS 4 THROUGH 6

Bookkeeping, general expenses and filing fees, $8,500.

MONTHS 7 THROUGH 9

Bookkeeping, general expenses and filing fees, $9,000.

MONTHS 10 THROUGH 12

Bookkeeping, general expenses and filing fee, $8,500.

TWELVE MONTH TOTAL - $35,000

We expect to operate at a loss during our initial development/operating period.

LIQUIDITY AND CAPITAL RESOURCES

Our cash reserves are not sufficient to meet our obligations for the next twelve
month period. As a result, we will need to seek additional funding in the near
future. We currently do not have a specific plan of how we will obtain such
funding; however, we anticipate that additional funding will be in the form of
equity financing from the sale of our common stock. We may also seek to obtain
short-term loans from our directors, although no such arrangements have been
made. At this time, we cannot provide investors with any assurance that we will
be able to obtain sufficient funding from the sale of our common stock or
through a loan from our directors to meet our obligations over the next twelve
months. We do not have any arrangements in place for any future equity
financing.

OFF-BALANCE SHEET ARRANGEMENTS

We do not have any off-balance sheet arrangements that have or are reasonably
likely to have a current or future effect on the small business issuer's
financial condition, changes in financial condition, revenues or expenses,
results of operations, liquidity, capital expenditures or capital resources that
are material to investors.

ITEM 3. RESULTS OF OPERATIONS

We did not earn any revenues during the three period ending July 31, 2008.

We have incurred operating expenses in the amount of $3,930 for the three month
period ending July 31, 2008.

                                       11

Our net loss for the three month period ending July 31, 2008 was $3,930. Our net
loss from inception through July 31, 2008 was $35,713.

At July 31, 2008 we had total assets of $15 in cash and at the same date
accounts payable of $2,600.

We have not attained profitable operations and are dependent upon obtaining
financing to pursue the wholesale distribution of high-end fashion for men and
women.

SIGNIFICANT ACCOUNTING POLICIES

It is suggested that these financial statements be read in conjunction with our
October 31, 2007 audited financial statements and notes thereto, which can be
found in our SB-2 Registration Statement and amendments thereto, on the SEC
website at www.sec.gov under our SEC File Number 333-148167

BASIS OF PRESENTATION

The accounting and reporting policies of the Company conform to U.S. generally
accepted accounting principles applicable to development stage enterprises.

FISCAL PERIODS

The Company's fiscal year -end is October 31.

USE OF ESTIMATES

The preparation of financial statements in conformity with U.S. generally
accepted accounting principles requires management to make estimates and
assumptions that affect the reported amounts of assets, liabilities and
disclosure of contingent assets and liabilities at the date of the financial
statements and the reported amount of revenues and expenses during the reporting
period. Actual results could differ from those estimates.

CASH AND CASH EQUIVALENTS

Cash and cash equivalents include cash in banks, money market funds and
certificates of term deposits with maturities less than three months from
inception, which are readily convertible to known amounts of cash and which, in
the opinion of management, are subject to an insignificant risk of loss in
value. The Company had $15 in cash and cash equivalents at July 31, 2008.

START UP COSTS

In accordance with the American Institute of Certified Public Accountants'
Statement of Position 98-5, "The Reporting on the Costs of Start-up Activities"
the Company expenses all costs incurred in connection with the start-up and
organization of the Company.

                                       12

FAIR VALUE OF FINANCIAL INSTRUMENTS AND DERIVATIVE FINANCIAL INSTRUMENTS

The company has adopted Statement of Financial Accounting Standards ("SFAS") No.
119, "Disclosures about Derivative Financial Instruments and Fair Value of
Financial Instruments". The carrying amount of accrued liabilities approximates
its fair value because of the short maturity of this item. Certain fair values
estimates may be subject to and involve uncertainties and matters of significant
judgment and therefore, cannot be determined with precision. Changes in
assumptions could significantly affect these estimates. The Company does not
hold or issue financial instruments for trading purposes, nor does it utilize
derivative instruments in the management of its foreign exchange, commodity
price or interest rate market risk.

SEGMENTED REPORTING

SFAS No.131, "Disclosure about Segments of an Enterprise and Related
Information", changed the way public companies report information about the
segments of their business in the quarterly reports issued to shareholders. It
also requires entity-wide disclosures about the products and service an entity
provides the material countries in which it holds assets and reports revenues
and its major customers.

FEDERAL INCOME TAXES

Deferred income taxes are reported for timing differences between items of
income or expense reported in the financial statements and those reported for
income tax purposes in accordance with SFAS No.109, "Accounting for Income
Taxes", which requires the use of the asset/liability method of accounting for
income taxes. Deferred income taxes and tax benefits are recognized for the
future tax consequences attributable to differences between the financial
statement carrying the amount of existing assets and liabilities, their
respective tax bases and for tax loss and carry-forwards. Deferred assets and
liabilities measured using enacted tax rates expected to apply to taxable income
in the year in which those temporary differences are expected to be recovered or
settled. The company provides for deferred taxes for the estimated future tax
effects attributable to temporary differences and carry-forwards when
realization is more likely than not.

EARNINGS (LOSS) PER SHARE

The Company has adopted Financial Accounting Standards Board ("FASB") Statement
No. 128, "Earnings per Share", (EPS) which requires presentation of basic and
diluted EPS on the face of the income statement for all entities with complex
capital structures and requires a reconciliation of the numerator and

                                       13

denominator of the basic EPS computation to the numerator and denominator of the
diluted EPS computation. In the accompanying financial statements, basic
earnings (loss) per share is computed by dividing net income/loss by the
weighted average number of shares of common stock outstanding during the period.

FOREIGN CURRENCY TRANSACTIONS

The Company's functional reporting currency will be the U.S. dollar.
No significant gains or losses were recorded from inception (March 27, 2007) to
July 31, 2008.

COMPREHENSIVE INCOME (LOSS)

SFAS No.130, "Reporting Comprehensive Income", establishes standards for
reporting and display of comprehensive income and its components in a full set
of general-purpose financial statements. For the period ending July 31, 2008,
the Company had no items of other comprehensive income. Therefore, net loss
equals comprehensive loss for the period ended July 31, 2008.

REVENUE RECOGNITION

The Company recognizes revenue from the sale of products in accordance with the
Securities and Exchange Commission Staff Accounting Bulletin No.104 ("SAB 104"),
"Revenue Recognition in Financial Statements". Revenue will consist of retail
sales income and will be recognized only when all of the following criteria have
been met:

     Evidence of a retail sales ticket exists
     Delivery has occurred; and
     Revenue is reasonably assured

STOCK BASED COMPENSATION

In December 2004, the FASB issued SFAS No, 123R, "Share-Based Payments", which
replaced SFAS No.123, "Accounting for Stock-Based Compensation" and superseded
APB Opinion No.25, "Accounting for Stock Issued to Employees". In January 2005,
The Securities and Exchange Commission ("SEC") issued Staff Accounting Bulletin
("SAB") No.107, "Share-Based Payment", which provides supplemental
implementation guidance for SFAS No. 123R. SFAS No. 123R requires all share
based payments to employees, including grants of employee stock options, to be
recognized in the financial statements based on the grant date fair value of the
award.

SFAS No.123R was to be effective for interim or annual reporting periods
beginning on or after June 15, 2005, but in April, 2005, the SEC issued a rule
that will permit most registrants to implement SFAS No. 123R at the beginning of
their next fiscal year, instead of the next reporting period as required by SFAS

                                       14

No.123R. The pro-forma disclosures previously permitted under SFAS No. 123R will
no longer be an alternative to financial statement recognition. Under SFAS
No.123, the Company must determine the appropriate fair value model to be used
for valuing share-based payments, the amortization method for compensation costs
and the transition to be used at date of adoption.

The transition methods include prospective and retroactive adoption options.
Under the retroactive options, prior periods may be restated either as of the
beginning of the year of adoption or for all the periods presented. The
prospective method requires that compensation expenses be recorded for all
unvested stock options and restricted stock at the beginning of the first
quarter of adoption of SFAS No. 123R, while the retroactive methods would record
compensation expense for all unvested stock options and restricted stock
beginning with the first period restated. The Company did not record any
compensation expense for the year ended July 31, 2007 because there were no
stock options outstanding prior to the adoption or at July 31, 2008.

RECENT ACCOUNTING PRONOUNCEMENTS

In February 2006, the FASB issued SFAS No. 155, "Accounting for Certain Hybrid
Financial Instruments-an amendment of FASB Statements No. 133 and 140", to
simplify and make more consistent the accounting for certain financial
instruments. SFAS No.155 amends SFAS No.133, "Accounting for Derivative
Instruments and Hedging Activities", to permit fair value re-measurements for
any hybrid financial instrument with an embedded derivative that otherwise would
require bifurcation, provided that the whole instrument is accounted for on a
fair value basis. SFAS No.155 amends SFAS No.140, "Accounting for the Impairment
of Disposal of Long-Lived Assets", to allow a qualifying special purpose entity
to hold a derivative financial instrument that pertains to a beneficial interest
other than another derivative financial instrument. SFAS No. 155 applies to all
financial instruments acquired or issued after the beginning of an entity's
first fiscal year that begins after September 15, 2006, with earlier application
allowed. This standard is not expected to have a significant effect on the
Company's future reported financial position or results of operation.

In March 2006, the FASB issued SFAS No.156, "Accounting for Servicing of
Financial Assets", and amendment of FASB Statement No.140, "Accounting for
Transfers and Servicing of Financial Assets and Extinguishments of Liabilities".
This statement requires all separately recognized servicing assets and servicing
liabilities be initially measured at fair value, if practicable, and permits for
subsequent measurement using either fair value measurement with changes in fair
value reflected in earnings or the amortization and impairment requirements of
Statement No. 140. The subsequent measurement of separately recognized servicing
assets and servicing liabilities at fair value eliminates the necessity for
entities that manage the risks inherent in servicing assets and servicing
liabilities with derivatives to qualify for hedge accounting treatment and
eliminates the characterization of declines in fair value as impairments or
direct write-downs. SFAS No. 156 is effective for an entity's first fiscal year
beginning after September 15, 2006. The adoption of this statement is not
expected to have a significant effect on the Company's future reported financial
position or results of operations.

                                       15

In September of 2006, FASB issued Financial Standards No. 157, "Fair Value
Measurements". This Statement defines fair value, establishes a framework for
measuring fair value in generally accepted accounting principles (GAAF) and
expands disclosures about fair value measurements. This Statement applies under
other accounting pronouncements that require or permit fair value measurements,
the Board having previously concluded in those accounting pronouncements that
fair value is the relevant measurement attribute. Accordingly, this Statement
does not require any new fair value measurements. However, for some entities,
the application of this Statement will change current practice. SFAS 157 is
effective in the first fiscal year that begins after September 15, 2007.

In September 2006, FASB issued Financial Standards No.158, "Employers'
Accounting for Defined Benefit Pension and Other post Retirement Plans- an
amendment of FASB Statements No.'s 87.88.106 and 132(R)". This Statement
improves financial reporting by requiring an employer to recognize the
overfunded or underfunded status of a defined benefit post-retirement plan
(other than a multi-employer plan) as an asset or liability in its statement of
financial position and to recognize changes in that funded status in the year in
which the changes occur through comprehensive income of a business entity or
changes in unrestricted net assets of a not-for-profit organization. This
Statement also improves financial reporting by requiring an employer to measure
the funded status of a plan as of the date of its year-end statement of
financial position, with limited exceptions. SFAS 158 is effective. An employer
with publically traded securities is required to initially recognize the funded
status of a defined benefit post-retirement plan and to provide the required
disclosures as of the end of the first fiscal year ending after September 15,
2006. The adoption of this Statement is not expected to have any significant
effect on the Company's future reported financial position or results of
operations.

In February 2007, FASB issued Financial Accounting Standard No.159, "The Fair
Value Option for Financial Assets and Financial Liabilities--including an
amendment of FASB Statement No.115". This Statement permits entities to choose
to measure many financial instruments and certain other items at fair value. The
objective is to improve financial reporting by providing entities with the
opportunity to mitigate volatility in reported earnings caused by measuring
related assets and liabilities differently without having to apply complex hedge
accounting provisions. This Statement is expected to expand the use of fair
value measurement, which is consistent with the Board's long-term measurement
objectives for accounting for financial instruments. SFAS 159 is effective as of
the beginning of an entity's first fiscal year that begins after November 15,
2007. The adoption of this Statement is not expected to have any significant
effect on the Company's future reported financial position or results of
operations.

                                       16

ITEM 4. CONTROLS AND PROCEDURES

EVALUATION OF DISCLOSURE CONTROLS AND PROCEDURES

Under the supervision and with the participation of our management, including
our principal executive officer and principal financial officer, we have
conducted an evaluation of the effectiveness of the design and operation of our
disclosure controls and procedures and defined in Rules 13a-15(e) and 15d-15(e)
under the Securities and Exchange Act of 1934, as of the end of the period
covered by this report. Based on this evaluation, our principal executive
officer and principal financial officer concluded as of the evaluation date,
that our disclosure controls and procedures were effective such that the
material information required to be included in our Securities and Exchange
Commission reports is recorded, processed, summarized and reported within the
time periods specified in SEC rules and forms relating to our Company,
particularly during the period when this report was being prepared.

Additionally, there were no significant changes in our internal controls or in
other factors that could significantly affect these controls subsequent to the
evaluation date. We have not identified any significant deficiencies or material
weakness in our internal controls and therefore there were no corrective actions
taken.

                            PART II OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS

We are not currently involved in any legal proceedings and we are not aware of
any pending or potential legal actions.

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

There were no sales of unregistered securities during the period of this report.

ITEM 3. DEFAULTS UPON SENIOR SECURITIES

There were no defaults upon senior securities during the period of this report.

ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

There were no matters submitted to a vote of security holders during the period
covered by this report.

ITEM 5. OTHER INFORMATION

There was no information required to be disclosed on form 8-K during the period
of this report.

                                       17

ITEM 6. EXHIBITS

The following exhibits are included with this quarterly filing. Those marked
with an asterisk and required to be filed hereunder, are incorporated by
reference and can be found in their entirety in our form SB-2 Registration
Statement, filed under SEC File Number 333-148167, at the SEC website at
www.sec.gov:

     Exhibit
     Number                         Description
     ------                         -----------

         3.1          Articles of Incorporation*
         3.2          Bylaws*
        31.1          Rule 13a-14(a)/14a-15(d) Certification
        31.2          Rule 13a-14(a)/14a-15(d) Certification
        32.1          Certification pursuant to 18 U.S.C. 1350

                                   SIGNATURES

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

September 12, 2008           Euro Trend Inc., Registrant


                             By: /s/ Peter O'Brien
                                 -----------------------------------------------
                                 Peter O'Brien, President, Chief Executive
                                 Officer, Chief Financial Officer, Principal
                                 Accounting Officer, Treasurer and Sole Director

                                       18