In order to accelerate the growth of our business, we will need to obtain additional capital from this Direct Public Offering or from another source or sources. We intend to apply additional capital, as and if obtained, to the expansion of our Charter Independent Distributor Program, the pursuit of nation retail accounts and to the expansion of sales through our web site, primarily through Internet advertising strategies.

              Our management believes there to be a multitude of small, locally-owned food businesses throughout Louisiana, the products of which are worthy of national distribution. Our management further believes that we have the opportunity to bring to these locally produced and sold Louisiana-centric specialty food products to the national market, by way of distribution agreements, private label arrangements or acquisition.

              As part of our business strategy, after we have better established the sales and distribution channels of our current lines of specialty food products, we intend to consider acquisitions of existing food-related businesses, as such acquisition opportunities become available to us. There is no current arrangement or understanding between our company and any other company or person with regard to a merger or acquisition transaction.

Direct Public Offering

In January 2011, our Registration Statement on Form S-1 (SEC File No. 333-169924) was declared effective. Pursuant to such Registration Statement, we are offering up to 1,000,000 shares of our common stock at an offering price of $.80 per share. To date, none of such shares has been sold.

Principal Factors Affecting Our Financial Performance

              Our operating results are primarily affected by the following factors:

                            •            our ability to maintain, on commercially reasonable terms, the supply of our packaged dry products and our coffee products;

                            •            our ability to expand the channels of distribution for our specialty food products;

                            •            our ability to attract new and repeat customers to our online store; and

                            •            our ability to contain our costs of goods sold and maintain our law overheard.

              Based on our current business plan, we expect to incur operating losses for at least the first two quarters of Fiscal 2011. However, because our specialty food products are new, we cannot predict the levels of our sales during Fiscal 2011.

              To date, we have sold our products to only a small number of customers. We do not have a formal relationship with any of our customers and they may, in their sole discretion and without penalty, cease purchasing our specialty food products. Our only other channel of distribution is through our website, which has generated only a small level of sales revenues.

              We have a single source for our packaged dry products and a single source for our coffee products. Each of these suppliers is located within 60 miles of our production, packaging and distribution location in Norco, Louisiana. We have not entered into any formal supply agreements with these suppliers. We are required to pay in full for inventory purchased from these suppliers, upon our receipt of their shipments. If the prices charged by these suppliers increase and we are not able to pass on the increased prices to our customers, then our margins would be reduced, which would, in turn, adversely affect our future profitability.

Results of Operations

              For the Three Months Ended December 31, 2010. During the Three Months Ended December 31, 2010 (the “Current Period”), we generated $668 in revenues from sales of our specialty food products. We expect our revenues will increase during each of the next three fiscal quarters. However, we cannot predict the exact levels of such expected increases.

              For the Current Period, we incurred a net loss of $40,349. All $40,349 in expenses for the Current Period were paid with cash on hand.

              While we did not issue shares of our common stock in payment of services during the Current Period, it is possible that, if we lack the cash needed to obtain necessary services, we would issue shares of common stock in payment thereof. By issuing common stock in payment of these necessary services, we would be able to better preserve our then-available cash.

Plan of Operations

              Our Plan of Operations, which is detailed in the following paragraphs, generally involves the development of distribution channels for our specialty food products, as well as our locating food-related business opportunities in the State of Louisiana.

              We have developed the following specialty food products (each being described under “Business” herein):

                            Packaged Dry Products:    Our Jammin’ Jambalaya, Acadiana Dirty Rice, Bayou Moon Jamasta, Breaux Bridge Etouffee, Fais do-do Gumbo and Bon Temps Lou’siana Fry are currently available to purchasers. We expect that our Red Stick Red Beans, Elysian Fields Black-Eyed Peas and Pirogue Rice will be available to purchasers prior to March 31, 2011.

                            Sauce Products:                 We expect that our The Quarter’s Pasta Sauce and The Quarter’s Creole Sauce will be available to purchasers prior to March 31, 2011.

                            Coffee Products:                Our 12-Bar Dark Roast, Dixie 4/4 Medium Roast, 12-Bar Dark Roast (Decaf) and Blue Note Chicory Blend products are currently available to purchasers.

              A portion of funds that we obtain in the future, including through our current Direct Public Offering, will be applied to the expansion of our distribution channels. Specifically, we intend to expend funds in advertising for participants in our Charter Independent Distributor Program. Our advertising will be done in local newspapers around the United States and over the Internet via one or more of the existing Internet advertising systems, such as Google AdSense®. Additionally, we intend to use Internet advertising to entice retail consumers to purchase our specialty food products directly from our online store that is a part of our web site, www.lafoodco.com.

              As we increase our sales, we will apply available funds to the expansion of our food manufacturing capabilities. We currently produce our wet products at a certified commercial kitchen housed in the same building as our corporate headquarters and we expect that this kitchen will be adequate for at least the next six months.

              Our management believes there to be a multitude of small, locally-owned food businesses throughout Louisiana, the products of which are worthy of national distribution. Our management further believes that we have the opportunity to bring to these locally produced and sold Louisiana-centric specialty food products to the national market, by way of distribution agreements, private label arrangements or acquisition.

              While our level of future funding will determine the potential rate of growth for our business, our Plan of Operations will be the same. Without additional funding, we will expand our operations only to the extent that our operations generate adequate funds. There is, of course, no assurance that our operations will be successful, in this regard. With additional funding, we believe that we will be able to increase sales of our products through our aggressive advertising strategy. As with any start-up company that offers unproven products, there is no assurance that our company will be successful with any level of additional funding.

Liquidity

              As at December 31, 2010.

              Working Capital. At December 31, 2010, we had working capital of $18,405, including cash on hand of $12,228. Since our inception, we have raised a total of $67,600 from private sales of our common stock. Currently, we possess approximately $15,000 in cash. Currently, we are conducting the Direct Public Offering, by which we are offering up to 1,000,000 shares of our common stock at an offering price of $.80 per share. While we expect that we will sell at lease a portion of these shares, to date, none of such shares has been sold and there is no assurance that we will sell any of such shares.

              Cash Flows. For the Three Months Ended December 31, 2010, we used $40,725 in our operating activities. Our investing activities used no cash. Our financing activities provided $30,600 in cash, which we received from private sales of our common stock.

Contractual Obligations

              To date, we have not entered into any significant long-term obligations that require us to make monthly cash payments. Our longest-lived obligation is the lease agreement for our corporate headquarters, which expires in September 2011. Our monthly obligation under this lease is $200.

Critical Accounting Policies

              Our critical accounting policies, including the assumptions and judgments underlying them, are disclosed in the notes to our financial statements included herein. We have consistently applied these policies in all material respects. We do not believe that our operations to date have involved uncertainty of accounting treatment, subjective judgment or estimates, to any significant degree.

Uncertainties and Trends

              Our operations and revenues are dependent, now and in the future, upon the following factors:

                            •            whether we successfully commercialize our new specialty food products;

                            •            whether we compete effectively in the severely competitive food industry; and

                            •            whether the continuing economic recession in the United States will adversely affect our ability to attract customers to our specialty food products.

              There is no assurance that our company will be able to accomplish our objectives. Our failure to do so would likely cause purchasers of our common stock to lose their entire investments in our company.

Inflation

              Inflation can be expected to have an impact on our operating costs. A prolonged period of inflation could cause interest rates, wages and other costs to increase which would adversely affect our results of operations. In the current economic and political climate, no predictions can be made with respect to the future effects of inflation on or business.

Off-Balance Sheet Arrangements

              We do not have any off-balance sheet arrangements that would have any current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources.

Capital Expenditures

              During the three months ended December 31, 2010, we made no capital expenditures. Should we obtain at least $30,000 in the Direct Public Offering, we expect to purchase selected items of equipment for use in the production of our specialty food products, including product packaging equipment. However, we cannot predict the exact amount of these potential capital expenditures.

Item 3. Quantitative and Qualitative Disclosures About Market Risk.

              Not applicable.

Item 4T. Controls and Procedures.

              Our Chief Executive Officer and our Acting Chief Financial Officer, after evaluating the effectiveness of our disclosure controls and procedures, as defined in Rule 13a-15(e) of the Securities Exchange Act of 1934, have concluded that, as of the end of the fiscal quarter covered by this report on Form 10-Q, our disclosure controls and procedures were not effective to provide reasonable assurances that information required to be disclosed in the reports filed or submitted under the Securities Exchange Act of 1934 is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission’s rules and forms and such information is accumulated and communicated to management, including the Chief Executive Officer and the Acting Chief Financial Officer, as appropriate, to allow timely decisions regarding disclosures.

              There was no change in our internal control over financial reporting during the quarter ended December 31, 2010, that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.

PART II - OTHER INFORMATION

Item 1. Legal Proceedings.

              None.

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

              1. (a) Securities Sold. In December 2010, 1,200,000 shares of common stock were issued; (b) Underwriter or Other Purchasers. Such shares of common stock were issued to Paul J. Goldman, M.D.; (c) Consideration. Such shares of common stock were issued for $12,000 in cash; and (d) Exemption from Registration Claimed. These securities are exempt from registration under the Securities Act of 1933, as amended, pursuant to the provisions of Section 4(2) thereof and Rule 506 thereunder, as a transaction not involving a public offering. This purchaser was a sophisticated investor capable of evaluating an investment in our company.

              2. (a) Securities Sold. In December 2010, 240,000 common stock purchase warrants to purchase a like number of shares of common stock were issued; (b) Underwriter or Other Purchasers. Such common stock purchase warrants were issued to Paul J. Goldman, M.D.; (c) Consideration. Such common stock purchase warrants were issued as part of a securities unit, there being no consideration assigned to such common stock purchase warrants; and (d) Exemption from Registration Claimed. These securities are exempt from registration under the Securities Act of 1933, as amended, pursuant to the provisions of Section 4(2) thereof and Rule 506 thereunder, as a transaction not involving a public offering. This purchaser was a sophisticated investor capable of evaluating an investment in our company; (e) Terms of Conversion or Exercise. The exercise price of the common stock purchase warrants is $.10 per share. All of the common stock purchase warrants are exercisable until December 2012.

Item 3. Defaults upon Senior Securities.

              None.

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

              No matter was submitted to our shareholders, during the three months ended December 31, 2010.

Item 5. Other Information.

              None.

Item 6. Exhibits.