AVICENNA GLOBAL CORP.
(Exact name of registrant as specified in its charter)

N/A
(Former Name)

+91 495 401 4357

 (Registrant’s telephone number)

Indicate by check mark whether the registrant (1) filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the past 12 months (or for such shorter period that the registrant was require 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 ]

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

Check whether the registrant has filed all documents and reports required to be filed by Sections 12, 13 or 15(d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court.  [ ] Yes [ ] No

APPLICABLE ONLY TO CORPORATE ISSUERS:

As of July 19, 2011, the registrant’s outstanding common stock consisted of 47,530,000 shares.

AVICENNA GLOBAL CORP.

Table of Contents

ITEM 1.  FINANCIAL STATEMENTS

The unaudited financial statements of Avicenna Global Corp. (the “Company”, “Avicenna”, “we”, “our”, “us”) follow.  All currency references in this report are in US dollars unless otherwise noted.

Avicenna Global Corp.

(A Development Stage Company)

May 31, 2011

Index

Balance Sheets

F-1

Statements of Operations

F-2

Statement of Stockholder’s Equity (Deficit)

F-3

Statements of Cash Flows

F-4

Notes to the Financial Statements

F-5

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

Forward Looking Statements

This report on Form 10-Q contains certain forward-looking statements.  All statements other than statements of historical fact are “forward-looking statements” for purposes of these provisions, including any projections of earnings, revenues, or other financial items; any statements of the plans, strategies, and objectives of management for future operation; any statements concerning proposed new products, services, or developments; any statements regarding future economic conditions or performance; statements of belief; and any statement of assumptions underlying any of the foregoing. Such forward-looking statements are subject to inherent risks and uncertainties, and actual results could differ materially from those anticipated by the forward-looking statements.

Business Overview

Avicenna Global Corp. (“Avicenna”, “we”, “the Company”) was incorporated in the State of Nevada as Rodon, Inc. as a for-profit company on January 29, 2009 and established a fiscal year end of November 30.  As at December 22, 2010, we changed its name to Avicenna Global Corp. by amending our Articles of Incorporation.  We are a development stage company as defined by FASB ASC Topic 915-205 “Development Stage Entities” whose mission is to bridge globally established solutions, technologies and services with emerging markets to improve the quality of life and living standards by collaborating with innovators and distribution channels.

We have not been involved in any bankruptcy, receivership or similar proceedings since its incorporation nor has it been involved in any reclassification, merger or consolidation.  We have no plans to change our business activities.

We have incurred losses since our inception.  We rely upon the sale of our securities to fund our operations.  We have not generated any revenues since our inception to May 31, 2011.

Avicenna has diversified interests worldwide in innovative solutions and technology in the fields of medicine, health care, information technology, engineering and industrial services.

We strive to improve the quality of life and living standards of people around the globe and especially the emerging markets.  Towards the goal we have partnered with inventors and innovaters to bring time tested and patented solutions with solid partnerships worldwide.

Liquidity and Capital Resources

As of May 31, 2011, we had cash of $40,672 and a working capital deficit of $32,581.  Our accumulated deficit from inception to May 31, 2011 was $82,489.  Our net loss of $61,118 for the six months ended May 31, 2011 was mostly funded by loans and funding from related parties.  For the six months ended May 31, 2011, we raised $87,830 from financing activities, compared to $nil during the same period in 2010.  During the six months ended May 31, 2011 our cash position increased by $40,558.

We used net cash of $47,272 in operating activities for the six months ended May 31, 2011 compared to net cash of $5,925 used in operating activities for the same period in 2010.  This increase was due to increased activities.

During the six months ended May 31, 2011 our monthly cash requirement was $7,879 compared to $988 for the same period in 2010.  At May 31, 2011, we had cash of $40,672, which will cover our costs for at least 5 months according to our current monthly burn rate.

In the next 12 months, we do not intend to spend any substantial funds on research and development and do not intend to purchase any major equipment.

We do not anticipate any material commitments for capital expenditures in the near term.  While we continue to work towards 100% capacity, we feel that current cash on hand is sufficient to satisfy cash requirements.  If we are unable to continue to develop and implement a profitable business plan, we will be required to seek additional avenues to obtain funds necessary to sustain operations, including equity and/or debt financing.  There can be no assurance that financing will be available to us on acceptable terms, if at all.

Given that we have not achieved significant profitable operations to date, our cash requirements are subject to numerous contingencies and risk factors beyond our control, including operational and development risks, competition from well-funded competitors and our ability to manage growth.  We can offer no assurance that we will generate cash flow sufficient to achieve profitable operations or that our expenses will not exceed our projections.  If our expenses exceed estimates, we will require additional monies during the next twelve months.

Results of Operations for the Six Months ended May 31, 2011 and from Inception (January 29, 2009) to May 31, 2011

Revenues

We have not generated any revenues from inception (January 29, 2009) to May 31, 2011.  

Net Loss

Expenses

Our total expenses for the six months ended May 31, 2011 were $61,118 compared to $5,925 for the same period in 2010.  The increase in our expenses during 2010 was attributable to an increase in our general and administrative costs as well as an increase in our professional fees.  Our general and administrative expenses increased by $37,013 from $5,925 for the six months ended May 31, 2010 compared to $42,938, for the six months ended May 31, 2011 because of increased activities.  Our professional fees increased by $18,180 from $nil for the six months ended May 31, 2010 compared to $18,180, for the six months ended May 31, 2011 because of increased activities.

Results of Operations for the Three Months ended May 31, 2011

Net Loss

We incurred a net loss of $32,202 for the three months ended May 31, 2011 compared to our net loss of $nil for the three months ended May 31, 2010.  The difference for the increase was mainly due to an increase in our general and administrative costs as well as an increase in our professional fees.

Expenses

Our total expenses for the three months ended May 31, 2011 were $32,202 compared to $nil for the same period in 2010.  The increase in our expenses during 2010 was attributable to an increase in our general and administrative costs as well as an increase in our professional fees.  Our general and administrative expenses increased by $25,352 from $nil for the three months ended May 31, 2010 compared to $25,352, for the three months ended May 31, 2011 because of increased activities.  Our professional fees increased by $6,850 from $nil for the three months ended May 31, 2010 compared to $6,850, for the three months ended May 31, 2011 because of increased activities.

Our general and administrative expenses consist of professional fees, management and consulting fees, stock based compensation, bank charges, travel, meals and entertainment, rent, office maintenance, communications (cellular, internet, fax and telephone), courier, postage costs and office supplies.

Inflation

The amounts presented in the financial statements do not provide for the effect of inflation on our operations or financial position.  The net operating losses shown would be greater than reported if the effects of inflation were reflected either by charging operations with amounts that represent replacement costs or by using other inflation adjustments.

Off-Balance Sheet Arrangements

Critical Accounting Policies

Management's discussion and analysis of our financial condition and results of operations are based on the financial statements, which are prepared in accordance with accounting principles generally accepted in the United States of America.  The preparation of such financial statements requires Management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses and related disclosure of contingent assets and liabilities.  On an ongoing basis, Management will evaluate its estimates and will base its estimates on historical experience, as well as on various other assumptions in light of the circumstances surrounding the estimate, and the results will form the basis in making judgments about the carrying values of our assets and liabilities that are not readily apparent from other sources.  It should be noted, however, that actual results could materially differ from the amount derived from Management's estimates under different assumptions or conditions.

Loss per share is computed using the weighted average number of common stock outstanding during the period.  Diluted loss per share is computed using the weighted average number of common and potentially dilutive common stock outstanding during the period reported.  Our Management does not believe that any recently issued, but not yet effective accounting standards if currently adopted, would have a material effect on our current financial statements.

Because we are a small, development stage company, with only one director, we have not yet appointed an audit committee or any other committee of our Board of Directors.

ITEM 4.  CONTROLS AND PROCEDURES

N/A

ITEM 4T.  CONTROLS AND PROCEDURES

(a) Evaluation of disclosure controls and procedures

Ummer Veedu, our Chief Executive Officer and Chief Financial Officer evaluated our “disclosure controls and procedures” (as defined in Rule 13a-15(e) and Rule 15d-15(e) of the Securities Exchange Act of 1934 (the “Exchange Act”) as of a date within 90 days before the filing date of this report and has concluded that as of the evaluation date, our disclosure controls and procedures are effective to ensure that information 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’s rules and forms.

(b) Changes in internal controls

ITEM 1.  LEGAL PROCEEDINGS

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

ITEM 3.  DEFAULTS UPON SENIOR SECURITIES

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

ITEM 5.  OTHER INFORMATION

ITEM 6.  EXHIBITS

SIGNATURES

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

AVICENNA GLOBAL CORP.