10-Q

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

FORM 10-Q

[X]	QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
	For the quarterly period ended January 31, 2012
	OR
[   ]	TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
	For the transition period from _____________ to _____________

Commission File Number 333-169503

SANTO PITA CORPORATION(Exact name of registrant as specified in its charter)

Nevada	27-0518586
(State or other jurisdiction of incorporation or organization)	(IRS Employer Identification No.)

Plaza Tania, Romulo Betancourt No 28 Local 306
Bella Vista, Santo Domingo, Dominican Republic
 (Address of principal executive offices) (Zip Code)

1-809-535- 9443(Registrant's telephone number, including area code)

N/A

(Former name, former address and former fiscal year, if changed since last report)

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 corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§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 [X]  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]
(Do not check if a smaller reporting company)

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 the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date: 56,266,663 as of March 16, 2012.

2

SANTO PITA CORPORATION

FORM 10-Q

January 31, 2012

INDEX

PART I-- FINANCIAL INFORMATION

Item 1.	Financial Statements
Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations
Item 3	Quantitative and Qualitative Disclosures About Market Risk
Item 4.	Control and Procedures

PART II-- OTHER INFORMATION

Item 1	Legal Proceedings
Item 1A	Risk Factors
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds
Item 3.	Defaults Upon Senior Securities
Item 4.	Mine Safety Disclosures
Item 5.	Other Information
Item 6.	Exhibits

3

CAUTIONARY STATEMENT ON FORWARD-LOOKING INFORMATION

This Quarterly Report on Form 10-Q (this “Report”) contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Forward-looking statements discuss matters that are not historical facts. Because they discuss future events or conditions, forward-looking statements may include words such as “anticipate,” “believe,” “estimate,” “intend,” “could,” “should,” “would,” “may,” “seek,” “plan,” “might,” “will,” “expect,” “predict,” “project,” “forecast,” “potential,” “continue” negatives thereof or similar expressions. Forward-looking statements speak only as of the date they are made, are based on various underlying assumptions and current expectations about the future and are not guarantees. Such statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, level of activity, performance or achievement to be materially different from the results of operations or plans expressed or implied by such forward-looking statements.

We cannot predict all of the risks and uncertainties. Accordingly, such information should not be regarded as representations that the results or conditions described in such statements or that our objectives and plans will be achieved and we do not assume any responsibility for the accuracy or completeness of any of these forward-looking statements. These forward-looking statements are found at various places throughout this Report and include information concerning possible or assumed future results of our operations, including statements about potential acquisition or merger targets; business strategies; future cash flows; financing plans; plans and objectives of management; any other statements regarding future acquisitions, future cash needs, future operations, business plans and future financial results, and any other statements that are not historical facts.

These forward-looking statements represent our intentions, plans, expectations, assumptions and beliefs about future events and are subject to risks, uncertainties and other factors. Many of those factors are outside of our control and could cause actual results to differ materially from the results expressed or implied by those forward-looking statements. In light of these risks, uncertainties and assumptions, the events described in the forward-looking statements might not occur or might occur to a different extent or at a different time than we have described. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this Report. All subsequent written and oral forward-looking statements concerning other matters addressed in this Report and attributable to us or any person acting on our behalf are expressly qualified in their entirety by the cautionary statements contained or referred to in this Report.

Except to the extent required by law, we undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, a change in events, conditions, circumstances or assumptions underlying such statements, or otherwise.

CERTAIN TERMS USED IN THIS REPORT

When this Report uses the words “we,” “us,” “our,” and the “Company,” they refer to Santo Pita Corporation “SEC” refers to the Securities and Exchange Commission.

4

PART I – FINANCIAL INFORMATION

ITEM 1.         FINANCIAL STATEMENTS

Santo Pita Corporation
(A DEVELOPMENT STAGE COMPANY)

January 31, 2012

The accompanying statements are presented in accordance with U.S. generally accepted accounting principles for interim financial information and the instructions to Form 10-Q and Regulation S-X.  Accordingly, they do not include all of the information and footnotes required by U.S. generally accepted accounting principles for complete financial statements.  In the opinion of management, all adjustments (consisting only of normal occurring adjustments) considered necessary in order to make the financial statements not misleading, have been included. Operating results for the three and six months ended January 31, 2012 are not necessarily indicative of results that may be expected for the year ending July 31, 2012.

Balance Sheets (unaudited)	F-1
Statements of Operations (unaudited)	F-2
Statements of Cash Flows (unaudited)	F-3
Notes to Financial Statements (unaudited)	F-4

5

SANTO PITA CORPORATION (A DEVELOPMENT STAGE COMPANY) BALANCE SHEETS (Unaudited)
				January 31, 2012		July 31 2011
ASSETS
CURRENT ASSETS
Cash			$	641	$	2,187
Total Current Assets				641		2,187
	Website, net of amortization			4,026		4,577
TOTAL ASSETS			$	4,667	$	6,764
LIABILITIES AND STOCKHOLDERS' DEFICIT
	CURRENT LIABILITIES
	Accounts payable and accrued expenses		$	7,290	$	3,790
	Related party payable			81,881		36,137
TOTAL LIABILITIES				89,171		39,927
	COMMITMENTS AND CONTINGENCIES			–		–
	STOCKHOLDERS' DEFICIT
		Preferred Stock, 100,000,000 shares authorized, $0.00001 par value; 0 shares are issued and outstanding		–		–
		Common stock, 100,000,000 shares authorized, $0.00001 par value; 55,966,663 shares issued and outstanding		560		560
		Additional paid-in capital		38,390		38,390
		Deficit accumulated during development stage		(123,454)		(72,113)
TOTAL STOCKHOLDERS' DEFICIT				(84,504)		(33,163)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT			$	4,667	$	6,764

See accompanying notes to unaudited financial statements.
F-1

SANTO PITA CORPORATION (A Development Stage Company) STATEMENTS OF OPERATIONS (Unaudited)
		Three Months Ended January 31,				Six Months Ended January 31,				From July 8, 2009 (Inception) to January 31,
		2012		2011		2012		2011		2012
EXPENSES
Consulting fees	$	4,100	$	4,601	$	6,640	$	10,317	$	25,229
General and administrative		17,838		2,945		19,141		10,259		44,210
Legal and accounting fees		17,204		1,634		25,544		12,634		53,848
Total expenses		39,142		9,180		51,325		33,210		123,287
OPERATING LOSS		(39,142)		(9,180)		(51,325)		(33,210)		(123,287)
OTHER INCOME (EXPENSE)
Foreign currency transaction loss		(4)		(61)		(16)		53		(171)
Interest income		–		1		–		4		4
Total other income (expense)		(4)		(60)		(16)		57		(167)
Net Loss	$	(39,146)	$	(9,240)	$	(51,341)	$	(33,153)	$	(123,454)
Basic and diluted loss per common share	$	(0.00)	$	(0.00)	$	(0.00)	$	(0.00)
Basic and diluted weighted average number of common shares outstanding		55,966,663		55,966,663		55,966,663		55,966,663

See accompanying notes to unaudited financial statements.
F-2

SANTO PITA CORPORATION (A Development Stage Company) STATEMENTS OF CASH FLOWS (Unaudited)
			Six Months Ended January 31, 2012		Six Months Ended January 31, 2011		From July 8, 2009 (Inception) to January 31, 2012
CASH FLOWS FROM OPERATING ACTIVITIES
	Net loss	$	(51,341)	$	(33,153)	$	(123,454)
	Adjustments to reconcile net loss to net cash used in operating activities: Amortization		551		14,220		854
	Changes in operating assets and liabilities:
	Accounts payable		3,500		860		7,290
Net cash used in operating activities			(47,290)		(18,073)		(115,310)
CASH FLOWS FROM INVESTING ACTIVITIES
	Payments for website		–		–		(4,880)
Net cash used in investing activities			–		–		(4,880)
CASH FLOWS FROM FINANCING ACTIVITIES
	Proceeds from sale of stock		–		–		38,950
	Proceeds from related party payable		45,744		5,000		81,881
Net cash provided by financing activities			45,744		5,000		120,831
Net change in cash			(1,546)		(13,073)		641
Cash, beginning of period			2,187		22,732		–
Cash, end of period		$	641	$	9,659	$	641
SUPPLEMENTAL CASHFLOW DISCLOSURES
	Interest paid	$	–	$	–	$	4
	Income taxes paid	$	–	$	–	$	1,632

See accompanying notes to unaudited financial statements.

F-3

SANTO PITA CORPORATION

(A DEVELOPMENT STAGE COMPANY)

NOTES TO FINANCIAL STATEMENTS

(Unaudited)

NOTE 1. – BASIS OF PRESENTATION

The accompanying unaudited interim financial statements of Santo Pita Corporation (“Santo Pita” or the “Company”), have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules of the Securities and Exchange Commission (“SEC”), and should be read in conjunction with the audited financial statements and notes thereto contained in Santo Pita’s Annual Report filed with the SEC on Form 10-K for the year ended July 31, 2011.  In the opinion of management, all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of the financial position and the results of operations for the interim periods presented have been reflected herein.  The results of operations for interim periods are not necessarily indicative of the results to be expected for the full year.  Notes to the financial statements which substantially duplicate the disclosure contained in the audited financial statements for fiscal 2011 as reported in the Form 10-K have been omitted.

NOTE 2. – GOING CONCERN

These financial statements have been prepared on a going concern basis, which implies Santo Pita will continue to meet its obligations and continue its operations for the next fiscal year. As of January 31, 2012, Santo Pita has not generated revenues and has accumulated losses of $123,454 since inception. Santo Pita has not commenced operations. The Company’s sole officer and director is unwilling to loan or advance any additional capital to the Company, except for the costs associated with the preparation and filing of reports with the SEC. These factors raise substantial doubt regarding Santo Pita’s ability to continue as a going concern. The continuation of Santo Pita as a going concern is dependent upon financial support from its stockholders, the ability of Santo Pita to obtain necessary equity financing to continue operations, and the attainment of profitable operations. Realization value may be substantially different from carrying values as shown and these financial statements do not include any adjustments to the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should Santo Pita be unable to continue as a going concern.

NOTE 3. – RELATED PARTY TRANSACTIONS

As of January 31, 2012, Santo Pita had advances of $81,881 payable to its president and sole director.  These advances were made to cover incorporation costs of the Company and ongoing legal and accounting fees related to our SEC reporting obligations. The advances bear no interest, are unsecured and are due on demand.

NOTE 4. – SUBSEQUENT EVENTS

On March 2, 2012, Santo Pita sold 300,000 shares of common stock at $0.50 per share for a total of $150,000 in a private placement transaction.

F-5

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

The following provides information which management believes is relevant to an assessment and understanding of our results of operations and financial condition. The discussion should be read along with our financial statements and notes thereto. The following discussion and analysis contains forward-looking statements, which involve risks and uncertainties. Our actual results may differ significantly from the results, expectations and plans discussed in these forward-looking statements.  See “Cautionary Statement on Forward-Looking Information.”

Overview

We are a development stage company and have not yet generated or realized any revenues from our business operations.

            There is uncertainty as to whether we can continue as an on-going business for the next twelve months if we are unable to obtain additional capital to pay our bills. Our independent auditor has raised substantial doubt regarding our ability to continue as a going concern. This is because we have not generated any revenues and no revenues are anticipated until we complete the development of our websites, locate suppliers of products/services and can sell products/services to our customers. Accordingly, we must raise cash from sources other than operations. Our only other source for cash at this time is investments by others.

            To meet our need for cash we raised $33,950 in a private placement offering which closed on July 31, 2010 (“July Offering”). On March 2, 2012, the Company sold 300,000 shares of common stock at $0.50 per share for a total of $150,000 in a private placement transaction. Even with these funds, we cannot guarantee that we will stay in business after twelve months. If we are unable to secure enough suppliers of products at suitably low pricing or enough customers willing to buy the products and services at higher than the price we have negotiated with our suppliers, we may quickly use up the proceeds from the offering and will need to find alternative sources, like a second public offering, a private placement of securities, or loans from our officers or others in order for us to maintain our operations. At the present time, we have not made any arrangements to raise additional cash, other than from our private offering. If we need additional cash and cannot raise it, we will either have to suspend operations until we do raise the cash, or cease operations entirely. However, our president is willing to fund the costs associated with the preparation and filing of reports with the SEC for the first 12 months after effectiveness of our Registration Statement on Form S-1, and all applicable legal and accounting fees that we expect to be incurred by the Company in that regard. We anticipate these fees to total approximately $10,000 to $15,000.

Plan of Operations

We have not been able to raise sufficient capital to fund our dental whitening business and our management has decided to review opportunities for the acquisition of an operating business or assets in a different industry.  We have focused our search on mineral exploration companies in our region and have consequently submitted a name change to Santo Mining Corporation for approval by our shareholders. 

We estimate that our expenses over the next 12 months will be approximately $145,000 as described in the table below. These estimates may change significantly depending on the nature of our future business activities and our ability to raise capital from shareholders or other sources.

6

Description	Estimated Completion Date	Estimated Expenses $
Legal and accounting fees	12 months	80,000
Due diligence on acquisition target	12 months	40,000
General and administrative expenses	12 months	25,000
Total		$145,000

We intend to meet our cash requirements for the next 12 months through a combination of debt financing and equity financing by way of private placements. We currently do not have any arrangements in place to complete any private placement financings and there is no assurance that we will be successful in completing any such financings on terms that will be acceptable to us.

If we are not able to raise the full $145,000 to implement our business plan as anticipated, we will scale our business development in line with available capital. Our primary priority will be to retain our reporting status with the Securities and Exchange Commission, which means that we will first ensure that we have sufficient capital to cover our legal and accounting expenses. We will likely not expend funds on the remainder of our planned activities unless we have the required capital.

Limited operating history; need for additional capital

            There is limited historical financial information about us upon which to base an evaluation of our performance. We are a development stage company and have not generated any revenues to date. We cannot guarantee we will be successful in our business operations. Our business is subject to risks inherent in the establishment of a new business enterprise, including limited capital resources and possible cost overruns due to price and cost increases in services and products.

            To become profitable and competitive, we have to locate and negotiate agreements with established businesses to offer their products/services for sale to us at pricing that will enable us to establish and sell the products/services to our clientele at a profit.

            We have no assurance that future additional financing will be available to us on acceptable terms. If financing is not available on satisfactory terms, we may be unable to continue, develop or expand our operations. Equity financing could result in additional dilution to our existing stockholders.

Results of operations

From Inception on July 8, 2009 to January 31, 2012

As of the date of this report, we have yet to generate any revenues from our business operations

During the period, we incorporated the Company, hired an attorney and hired an auditor for the preparation of our SEC filings. We have prepared an internal business plan. We reserved two domain names for the company: www.drdentalspa.com; and www.drdientesblancos.com.  We have retained a web design firm which has completed the development of both our websites.  We have acquired a set of teeth whitening equipment and kits for our marketing efforts.

Our net loss since inception is $123,454 as a result of incurring expenses of $53,848 for accounting and legal fees, $25,229 for consulting fees, $44,210 for other general and administrative expenses.

7

On December 1, 2011, we entered into a consulting agreement (the “Agreement”) with an independent consulting firm . Pursuant to the Agreement, the consulting firm will evaluate the business of the Company as well as coordinate the Company’s SEC reporting requirements and filings.  The Company will pay the consulting firm $4,000 a month and will issue the Consultant 350,000 shares at the end of the third month from the date the agreement was signed. The Agreement will terminate on December 1, 2012, with the Company having an option to extend the Agreement for an additional year.  

On November 16, 2011, we received a resignation from Rosa Habeila Feliz Ruiz as our Secretary. She remains our President, CEO, CFO, Treasurer and director. Her resignation was not the result of any disagreements with our company regarding its operations, policies, practices or otherwise.

Concurrently with Ms. Ruiz’s resignation, we appointed Alain French as our Secretary.

Alain French - Secretary

Mr. French, 64, has been involved in number of business ventures in both the U.K. and the Dominican Republic. Most recently, Mr. French has worked in the mineral exploration and mining industry in the Dominican Republic. From November of 2005 to the present, Mr. French has been the managing partner of Corona Materials, LLC. Corona Materials is involved in the quarrying, crushing and exportation of construction aggregates in the Dominican Republic. At Corona, Mr. French managed exploration activities including sample collection, drilling, and analysis. From May 2006 to August 2011he was the President and part owner of Walvis Investments, S.A. Walvis identified land parcels for the production of construction aggregates in the Dominican Republic. Walvis accumulated 40 parcels of land and was sold to Corona Materials in August of 2011.

From June 2009 to June 2010, Mr. French was the general manager of Jagua Exploration, S.R.L. He supervised and managed a two year metallic exploration campaign with positive gold and base metal discoveries for local Dominican landowners. In June 2010, he started Gexplo, S.R.L. and serves as its CEO and President. Gexplo is involved in gold exploration throughout the Dominican Republic, and specifically the Hispaniola Gold Copper Arc. Mr. French oversees all of Gexplo’s exploration activities.

Mr. French attended Exeter College in Exeter, U.K. from Sept 1966 to June 1968 studying science and engineering. In Oct 1968 he attended the Southend Flying School in Southend, U.K., graduating in December 1969 and later becoming an airplane and jet-helicopter pilot/owner holding a professional license. Over the next 35 years he attended a large number of university courses and plans to complete his Business Administration degree at a Dominican Republic University.

We appointed Mr. French as our Secretary due to his extensive experience with business operations in the Dominican Republic.

Liquidity and capital resources

            On July 30, 2010, we sold 33,333,333 shares of common stock to our sole officer and director, Rosa Habeila Feliz Ruiz for $5,000.   There were no other shares issued to Ms. Feliz Ruiz since our inception.

            Since incorporation, Ms. Ruiz has been the Company’s only promoter.

            On July 31, 2010, we sold 22,633,330 shares of our common stock at $0.0015 per share for a total of $33,950. The shares were issued pursuant to Regulation S of the Securities Act of 1933 to forty (40) investors.

8

On March 2, 2012, we sold 300,000 shares of common stock at $0.50 per share for a total of $150,000 in a private placement transaction. The shares were issued pursuant to Regulation S of the Exchange Act of 1933.

            As of January 31, 2012, our total assets were $4,667 comprised of cash and amounts capitalized relating to the development of our websites and our total liabilities were $89,171 comprised of accounts payable and related party payable.

Off-Balance Sheet Arrangements

We have no off-balance sheet arrangements.

ITEM 3.   QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

We are a smaller reporting company as defined by Rule 12b-2 of the Securities Exchange Act of 1934 and are not required to provide the information under this item.

ITEM 4.         CONTROLS AND PROCEDURES.

Evaluation of Disclosure Controls and Procedures

            We maintain “disclosure controls and procedures,” as such term is defined in Rule 13a-15(e) under the Securities Exchange Act of 1934 (the “Exchange Act”), that are designed to ensure that information required to be disclosed in our Exchange Act reports is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission rules and forms, and that such information is accumulated and communicated to our management, including our Principal Executive Officer and Principal Financial Officer, as appropriate, to allow timely decisions regarding required disclosure. We conducted an evaluation under the supervision and with the participation of our Principal Executive Officer and Principal Financial Officer, of the effectiveness of the design and operation of our disclosure controls and procedures as of the end of the period covered by this report pursuant to Rule 13a-15 of the Exchange Act. Based on this Evaluation, our Principal Executive Officer and Principal Financial Officer concluded that our Disclosure Controls were effective as of the end of the period covered by this report.

Changes in Internal Controls

            There have been no changes in our internal control over financial reporting that occurred during the fiscal quarter covered by the Quarterly Report on Form 10-Q 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.

Currently we are not aware of any litigation pending or threatened by or against the Company.

ITEM 1A.      RISK FACTORS

We are a smaller reporting company as defined by Rule 12b-2 of the Securities Exchange Act of 1934 and are not required to provide the information under this item.

9

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

None.

ITEM 3.         DEFAULTS UPON SENIOR SECUITIES.

None.

ITEM 4.         MINE SAFETY DISCLOSURES.

None. 

ITEM 5.         OTHER INFORMATION.

ITEM 6.     EXHIBITS.

Exhibit No.	Document Description
31.1	Certification of Principal Executive Officer and Principal Financial Officer pursuant to Rule 13a-15(e) and 15d-15(e), promulgated under the Securities and Exchange Act of 1934, as amended.
32.1	Certification pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (Chief Executive Officer and Chief Financial Officer).
101*	Interactive Data Files
	101 INS - XBRL Instance Document
	101 SCH - XBRL Taxonomy Schema
	101 CAL - XBRL Taxonomy Calculation Linkbase
	101 DEF - XBRL Taxonomy Definition Linkbase
	101 LAB - XBRL Taxonomy Label Linkbase
	101 PRE - XBRL Taxonomy Presentation Linkbase

In accordance with SEC Release 33-8238, Exhibit 32.1 is being furnished and not filed.

* Furnished herewith. XBRL (Extensible Business Reporting Language) information is furnished and not filed or a part of a registration statement or prospectus for purposes of Sections 11 or 12 of the Securities Act of 1933, as amended, is deemed not filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and otherwise is not subject to liability under these sections.

10

SIGNATURES

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

            Date: March 16, 2012

SANTO PITA CORPORATION

/s/ ROSA HABEILA FELIZ RUIZ  

Rosa Habeila Feliz Ruiz, President, Principal Executive Officer, Treasurer, Principal Financial Officer, Principal Accounting Officer.

11

EX-31

 

Exhibit 31.1

SARBANES-OXLEY SECTION 302(a) CERTIFICATION

I, Rosa Habeila Feliz Ruiz, certify that:

1.         I have reviewed this Form 10-Q for the quarter ended January 31, 2012 of Santo Pita Corp.;

2.         Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3.         Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4.         I am responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have: 

            a.         Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

            b.         Designed such internal controls over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principals;

            c.         Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

            d.         Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5.         I have disclosed, based on my most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

            a.         All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

            b.         Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date: March 16 , 2012	/s/ROSA HABEILA FELIZ RUIZ
	Rosa Habeila Feliz Ruiz,  Principal Executive Officer and Principal Financial Officer

EX-32

 

Exhibit 32.1

CERTIFICATION PURSUANT TO
18 U.S.C. Section 1350,
AS ADOPTED PURSUANT TO
SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

            In connection with the Quarterly Report of Santo Pita Corp. (the "Company") on Form 10-Q for the period ended January 31, 2012 as filed with the Securities and Exchange Commission on the date here of (the "report"), I, Rosa Habeila Feliz Ruiz, Chief Executive Officer and Chief Financial Officer of the Company, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

            (1)        The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

            (2)        The information contained in this Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

            Dated this 16^th day of March, 2012.

/s/ROSA HABEILA FELIZ RUIZ

Rosa Habeila Feliz Ruiz

Chief Executive Officer and Chief Financial Officer

A signed original of these written statements required by Section 906, or other document authenticating, acknowledging, or otherwise adopting the signature that appears in typed form within the electronic version of this written statement required by Section 906, has been provided to Santo Pita Corp. and will be retained by Santo Pita Corp. and furnished to the Securities and Exchange Commission or its staff upon request.

XML

NOTE 4. - SUBSEQUENT EVENTS

6 Months Ended

Jan. 31, 2012

Subsequent Events [Text Block]

NOTE 4. – SUBSEQUENT EVENTS

On March 2, 2012, Santo Pita sold 300,000 shares of common stock at $0.50 per share for a total of $150,000 in a private placement transaction.

XML

NOTE 3. - RELATED PARTY TRANSACTIONS

6 Months Ended

Jan. 31, 2012

Related Party Transactions Disclosure [Text Block]

NOTE 3. – RELATED PARTY TRANSACTIONS

As of January 31, 2012, Santo Pita had advances of $81,881 payable to its president and sole director.  These advances were made to cover incorporation costs of the Company and ongoing legal and accounting fees related to our SEC reporting obligations. The advances bear no interest, are unsecured and are due on demand.

XML

Santo Pita Corp. - Balance Sheets (USD $)	Jan. 31, 2012	Jul. 31, 2011
CURRENT ASSETS
Cash	$ 641	$ 2,187
Total Current Assets	641	2,187
Website, net of amortization	4,026	4,577
TOTAL ASSETS	4,667	6,764
CURRENT LIABILITIES
Accounts payable and accrued expenses	7,290	3,790
Related party payable	81,881	36,137
TOTAL LIABILITIES	89,171	39,927
STOCKHOLDERS' DEFICIT
Common stock, 100,000,000 shares authorized, $0.00001 par value; 55,966,663 shares issued and outstanding	560	560
Additional paid-in capital	38,390	38,390
Deficit accumulated during development stage	(123,454)	(72,113)
TOTAL STOCKHOLDERS' DEFICIT	(84,504)	(33,163)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$ 4,667	$ 6,764

XML

NOTE 1. - BASIS OF PRESENTATION

6 Months Ended

Jan. 31, 2012

Basis of Presentation and Significant Accounting Policies [Text Block]

NOTE 1. – BASIS OF PRESENTATION

The accompanying unaudited interim financial statements of Santo Pita Corporation (“Santo Pita” or the “Company”), have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules of the Securities and Exchange Commission (“SEC”), and should be read in conjunction with the audited financial statements and notes thereto contained in Santo Pita’s Annual Report filed with the SEC on Form 10-K for the year ended July 31, 2011.  In the opinion of management, all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of the financial position and the results of operations for the interim periods presented have been reflected herein.  The results of operations for interim periods are not necessarily indicative of the results to be expected for the full year.  Notes to the financial statements which substantially duplicate the disclosure contained in the audited financial statements for fiscal 2011 as reported in the Form 10-K have been omitted.

XML

NOTE 2. - GOING CONCERN

6 Months Ended

Jan. 31, 2012

Significant Accounting Policies [Text Block]

NOTE 2. – GOING CONCERN

These financial statements have been prepared on a going concern basis, which implies Santo Pita will continue to meet its obligations and continue its operations for the next fiscal year. As of January 31, 2012, Santo Pita has not generated revenues and has accumulated losses of $123,454 since inception. Santo Pita has not commenced operations. The Company’s sole officer and director is unwilling to loan or advance any additional capital to the Company, except for the costs associated with the preparation and filing of reports with the SEC. These factors raise substantial doubt regarding Santo Pita’s ability to continue as a going concern. The continuation of Santo Pita as a going concern is dependent upon financial support from its stockholders, the ability of Santo Pita to obtain necessary equity financing to continue operations, and the attainment of profitable operations. Realization value may be substantially different from carrying values as shown and these financial statements do not include any adjustments to the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should Santo Pita be unable to continue as a going concern.

XML

Santo Pita Corp. - Balance Sheets (Parentheticals) (USD $)	Jan. 31, 2012	Jul. 31, 2011
Preferred stock par value (in Dollars per share)	$ 0.00001	$ 0.00001
Preferred stock, shares authorized	100,000,000	100,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock par value (in Dollars per share)	$ 0.00001	$ 0.00001
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	55,966,663	55,966,663
Common stock, shares outstanding	55,966,663	55,966,663

XML

Document And Entity Information	6 Months Ended
	Jan. 31, 2012	Mar. 15, 2012
Document and Entity Information [Abstract]
Entity Registrant Name	Santo Pita Corp
Document Type	10-Q
Current Fiscal Year End Date	--07-31
Entity Common Stock, Shares Outstanding		56,266,663
Amendment Flag	false
Entity Central Index Key	0001499275
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Smaller Reporting Company
Entity Well-known Seasoned Issuer	No
Document Period End Date	Jan. 31, 2012
Document Fiscal Year Focus	2012
Document Fiscal Period Focus	Q2

XML

Santo Pita Corp. - Statement of Operations (USD $)	3 Months Ended		6 Months Ended		31 Months Ended
	Jan. 31, 2012	Jan. 31, 2011	Jan. 31, 2012	Jan. 31, 2011	Jan. 31, 2012
EXPENSES
Consulting fees	$ 4,100	$ 4,601	$ 6,640	$ 10,317	$ 25,229
General and administrative	17,838	2,945	19,141	10,259	44,210
Legal and accounting fees	17,204	1,634	25,544	12,634	53,848
Total expenses	39,142	9,180	51,325	33,210	123,287
OPERATING LOSS	(39,142)	(9,180)	(51,325)	(33,210)	(123,287)
OTHER INCOME (EXPENSE)
Foreign currency transaction loss	(4)	(61)	(16)	53	(171)
Interest income		1		4	4
Total other income (expense)	(4)	(60)	(16)	57	(167)
Net Loss	$ (39,146)	$ (9,240)	$ (51,341)	$ (33,153)	$ (123,454)
Basic and diluted loss per common share (in Dollars per share)	$ 0.00	$ 0.00	$ 0.00	$ 0.00
Basic and diluted weighted average number of common shares outstanding (in Shares)	55,966,663	55,966,663	55,966,663	55,966,663

XML

Santo Pita Corp. - Statement of Cash Flows (USD $)	6 Months Ended		31 Months Ended
	Jan. 31, 2012	Jan. 31, 2011	Jan. 31, 2012
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$ (51,341)	$ (33,153)	$ (123,454)
Adjustments to reconcile net loss to net cash used in operating activities: Amortization	551	14,220	854
Accounts payable	3,500	860	7,290
Net cash used in operating activities	(47,290)	(18,073)	(115,310)
CASH FLOWS FROM INVESTING ACTIVITIES
Payments for website			(4,880)
Net cash used in investing activities			(4,880)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from sale of stock			38,950
Proceeds from related party payable	45,744	5,000	81,881
Net cash provided by financing activities	45,744	5,000	120,831
Net change in cash	(1,546)	(13,073)	641
Cash, beginning of period	2,187	22,732
Cash, end of period	641	9,659	641
SUPPLEMENTAL CASHFLOW DISCLOSURES
Interest paid			4
Income taxes paid			$ 1,632