As Filed With the Securities and Exchange Commission on March 4, 2010

                                                     Registration No. 333-162461
================================================================================
                UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                               AMENDMENT NO. 3 TO

                                    FORM S-1
             REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933

                           SHAWCORE DEVELOPMENT CORP.
             (Exact name of registrant as specified in its charter)



                                                                           
            Nevada                               2452                            42-1766696
  (State or Jurisdiction Of          (Primary Standard Industrial               (IRS Employer
Incorporation or Organization)        Classification Code Number)           Identification Number)

          329 Manchester Road                                   Corporate Service of Nevada
          Deepcar, Sheffield                               502 North Division Street, Carson City
           England, S36 2RB                                             Nevada 89703
Tel: 011 44 114 288 1212 Fax: 44 7006 063 195            Tel: (775) 883-3711, Fax: (775) 883-2723
      (Address and telephone number of                         (Name, address and telephone
        registrant's executive office)                          number of agent for service)


                                 With a Copy to:

Diane D. Dalmy, Attorney at Law, 8965 W. Cornell Place, Lakewood, Colorado 80227
                            telephone (303) 985.9324
            (Name, address, including zip code, and telephone number,
                   including area code, of agent for service)


   From time to time after this Registration Statement is declared effective.
        (Approximate date of commencement of proposed sale to the public)


If any of the securities being registered on this Form are to be offered on a
delayed or continuous basis pursuant to Rule 415 under the Securities Act of
1933, check the following box [X]

If this Form is filed to register additional securities for an offering pursuant
to Rule 462(b) under the Securities Act, check the following box and list the
Securities Act registration statement number of the earlier effective
registration statement for the same offering. [ ]

If this Form is a post-effective amendment filed pursuant to Rule 462(c) under
the Securities Act, check the following box and list the Securities Act
registration statement number of the earlier effective registration statement
for the same offering. [ ]

If this Form is a post-effective amendment filed pursuant to Rule 462(d) under
the Securities Act, check the following box and list the Securities Act
registration statement number of the earlier effective registration statement
for the same offering. [ ]

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
definitions of "large accelerated filer," "accelerated filer," and "smaller
reporting company: in Rule 12b-2 of the Exchange Act (Check one):

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

                         CALCULATION OF REGISTRATION FEE

================================================================================
Title of Each                          Proposed       Proposed
  Class of                             Maximum         Maximum
 Securities                            Offering       Aggregate       Amount of
   to be           Amount to be       Price Per       Offering      Registration
 Registered         Registered         Share (1)      Price (2)        Fee (2)
- --------------------------------------------------------------------------------
Common Stock        2,375,000      $0.07 per share    $166,250         $9.28
================================================================================
(1)  Estimated solely for the purpose of calculating the registration fee in
     accordance with Rule 457 under the Securities Act.
(2)  In the event of a stock split, stock dividend or similar transaction
     involving the common shares of the registrant, in order to prevent
     dilution, the number of shares of common stock registered shall be
     automatically increased to cover additional shares in accordance with Rule
     416(a) under the United States Securities Act of 1933, as amended (the
     "Securities Act").



THE REGISTRANT HEREBY AMENDS THIS REGISTRATION STATEMENT ON SUCH DATE OR DATES
AS MAY BE NECESSARY TO DELAY ITS EFFECTIVE DATE UNTIL THE REGISTRANT SHALL FILE
A FURTHER AMENDMENT WHICH SPECIFICALLY STATES THAT THIS REGISTRATION STATEMENT
SHALL THEREAFTER BECOME EFFECTIVE IN ACCORDANCE WITH SECTION 8(A) OF THE
SECURITIES ACT OF 1933 OR UNTIL THE REGISTRATION STATEMENT SHALL BECOME
EFFECTIVE ON SUCH DATE AS THE COMMISSION, ACTING PURSUANT TO SECTION 8(A), MAY
DETERMINE.
================================================================================

                              SUBJECT TO COMPLETION

                                   PROSPECTUS

                           SHAWCORE DEVELOPMENT CORP.
                                2,375,000 SHARES
                                  COMMON STOCK

The selling shareholders named in this prospectus are offering all of the shares
of common stock offered through this prospectus for a period of up to two years
from the effective date.

Our common stock is presently not traded on any market or securities exchange or
quoted on any quotation service.

THE PURCHASE OF THE SECURITIES OFFERED THROUGH THIS PROSPECTUS INVOLVES A HIGH
DEGREE OF RISK. SEE SECTION ENTITLED "RISK FACTORS" STARTING ON PAGE 5.

THE INFORMATION IN THIS PROSPECTUS IS NOT COMPLETE AND MAY BE CHANGED. WE MAY
NOT SELL THESE SECURITIES UNTIL THE REGISTRATION STATEMENT FILED WITH THE
SECURITIES AND EXCHANGE COMMISSION IS EFFECTIVE. THIS PROSPECTUS IS NOT AN OFFER
TO SELL THESE SECURITIES AND IT IS NOT SOLICITING AN OFFER TO BUY THESE
SECURITIES IN ANY STATE WHERE THE OFFER OR SALE IS NOT PERMITTED.


We sold an aggregate of 2,375,000 shares to the selling shareholders named in
this Prospectus in connection with certain private placement transactions we
completed on February 20, 2009, June 8, 2009 and August 8, 2009. Of the
aggregate shares sold, 1,500,000 shares were sold at a price of $0.001, 600,000
shares were sold at a price of $0.01. 250,000 were sold at a price of $0.04.The
selling shareholders will offer shares of our common stock at $0.07 per share
regardless of whether of our shares are quoted on the OTC Bulletin Board. We
determined this offering price arbitrarily by adding a $0.03 premium to the last
sale price of our common stock to investors. Therefore, in the event the selling
shareholders sell the shares at a price per share of $0.07, the net proceeds to
be received by the selling shareholders will range from $0.03 to $0.069 per
share and the total amount of the offering will be approximately $117,562.50
based on an average of the per share selling prices. There is no assurance of
when, if ever, our stock will be quoted on the OTC Bulletin Board.


The selling shareholders and any broker/dealers who act in connection with the
sale of the shares will be deemed to be "underwriters" within the meaning of the
Securities Acts of 1933, and any commissions received by them and any profit on
any resale of the shares as a principal might be deemed to be underwriting
discounts and commissions under the Securities Act.

The relationship between the selling shareholders and our sole officer and
director, Mr. Gary Burkinshaw, is one of either family ties or pre-existing and
substantive relationships

Neither the Securities and Exchange Commission nor any state securities
commission has approved or disapproved of these securities or passed upon the
adequacy or accuracy of this prospectus. Any representation to the contrary is a
criminal offense.


                 THE DATE OF THIS PROSPECTUS IS: MARCH __, 2010


                                TABLE OF CONTENTS

                                                                            PAGE
                                                                            ----

SUMMARY                                                                       3
RISK FACTORS                                                                  5
FORWARD-LOOKING STATEMENTS                                                    9
USE OF PROCEEDS                                                               9
DETERMINATION OF OFFERING PRICE                                               9
DILUTION                                                                      9
SELLING SHAREHOLDERS                                                          9
PLAN OF DISTRIBUTION                                                         13
DESCRIPTION OF SECURITIES                                                    16
INTEREST OF NAMED EXPERTS AND COUNSEL                                        17
DESCRIPTION OF BUSINESS                                                      17
LEGAL PROCEEDINGS                                                            20
MARKET FOR COMMON EQUITY AND RELATED STOCKHOLDER MATTERS                     21
PLAN OF OPERATIONS                                                           22
CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS                                24
AVAILABLE INFORMATION                                                        24
DIRECTORS, EXECUTIVE OFFICERS, PROMOTERS AND CONTROL PERSONS                 24
EXECUTIVE COMPENSATION                                                       25
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT               26
CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS                               26
DISCLOSURE OF COMMISSION POSITION OF INDEMNIFICATION FOR SECURITIES
 ACT LIABILITIES                                                             26
FINANCIAL STATEMENTS                                                         27

                                       2

                                     SUMMARY

PROSPECTIVE INVESTORS ARE URGED TO READ THIS PROSPECTUS IN ITS ENTIRETY.

We intend to design and construct eco-friendly self assembly housing and storage
structures. Our intentions are to build a product that will be well suited to a
more environmentally conscious market looking for affordable quality housing and
storage that can be put together easily and quickly. Initially we will target
the resort and cabin markets of Europe, Asia and North America.

We were incorporated on September 25, 2008 under the laws of the state of
Nevada. Our principal offices are located at 329 Manchester Road Deepcar,
Sheffield England, S36 2RB. Our telephone number is 011 44 114 288.

THE OFFERING:

Securities Being Offered       Up to 2,375,000 shares of common stock.


Offering Price                 The selling shareholders will sell our shares at
                               $0.07 per share regardless of whether our shares
                               are quoted on the OTC Bulletin Board. We
                               determined this offering price arbitrarily by
                               adding a $0.03 premium to the last sale price of
                               our common stock to investors.


Terms of the Offering          The selling shareholders will determine when and
                               how they will sell the common stock offered in
                               this prospectus.

Termination of the Offering    The offering will conclude when all of the
                               2,375,000 shares of common stock have been sold,
                               the shares no longer need to be registered to be
                               sold due to the operation of Rule 144 or we
                               decide at any time to terminate the registration
                               of the shares at our sole discretion but in no
                               event later than two years from the effective
                               date of this registration statement. ( Date of
                               expiration will be provided for this continuous
                               offering once known)

Securities Issued and
to be Issued                   2,375,000 shares of our common stock to be sold
                               in this prospectus are issued and outstanding as
                               of the date of this prospectus. All of the common
                               stock to be sold under this prospectus will be
                               sold by existing shareholders.

Use of Proceeds                We will not receive any proceeds from the sale of
                               the common stock by the selling shareholders.

                                       3

SUMMARY FINANCIAL INFORMATION

The following financial information summarizes the more complete historical
financial information at the end of this prospectus.



                                 As of August 31, 2009 (Audited)        As of November 30, 2009 (unaudited)
                                 -------------------------------        -----------------------------------
                                                                  
BALANCE SHEET
Total Assets             $                   19,737                                  5,282
Total Liabilities        $                      299                                    299
Stockholders Equity      $                   19,438                                  4,983


                                 Period from September 25, 2008         Period from September 25, 2008
                                       (date of inception)                   (date of inception)
                                  to August 31, 2009 (Audited)          to November 30, 2009 (unaudited)
                                  ----------------------------          --------------------------------
INCOME STATEMENT
Revenue                  $                       --
Total Expenses           $                    2,062                                 16,517
Net Loss                 $                   (2,062)                               (16,517)



                                       4

                                  RISK FACTORS

An investment in our common stock involves a high degree of risk. You should
carefully consider the risks described below and the other information in this
prospectus before investing in our common stock. If any of the following risks
occur, our business, operating results and financial condition could be
seriously harmed. The price of our common stock could decline due to any of
these risks, and you may lose all or part of your investment.

IF WE DO NOT OBTAIN ADDITIONAL FINANCING, OUR BUSINESS WILL FAIL.

While at November 30, 2009, we had cash on hand of $5,282 , we have accumulated
a deficit of $16,517 in business development expenses. We anticipate that
additional funding will be needed for general administrative expenses and
marketing costs. We intend to raise the required funds through an equity
placement. However, there is no guarantee that we will be able to raise the
required cash and because of this our business may fail. We have not generated
any revenue from operations to date. To begin and maintain operations for one
year the Company will require the following expenses:

Initial Capital Expenses:

Tools and Machinery-       $42,000.00
12 month shop lease-       $24,000.00
Shop Assistant-            $24,000.00
Electricity-               $ 5,000.00
Marketing-                 $25,000.00
Initial Supplies-          $54,000.00

*    Initial Supplies are composed of supply and packaging materials for three
     units of each product.

Supply and Packaging Expenses (per single unit basis):

Large Cabin-               $9,500
Small Cabin-               $6,700
Storage Shed-              $1,800

*    prices of lumber and other wood and metal products could vary depending on
     commodity prices.


In order to expand our business operations, we anticipate that we will have to
raise additional funding. If we are not able to raise the capital necessary to
fund our business expansion objectives, we may have to delay the implementation
of our business plan.

We do not currently have any arrangements for financing. Obtaining additional
funding will be subject to a number of factors, including general market
conditions, investor acceptance of our business plan and initial results from
our business operations. These factors may impact the timing, amount, terms or
conditions of additional financing available to us. The most likely source of
future funds available to us is through the sale of additional shares of common
stock or advances from our sole director.

IF WE DO NOT OBTAIN ADDITIONAL FINANCING, OUR BUSINESS WILL FAIL.


While at November 30, 2009, we had cash on hand of $5,282, we have accumulated a
deficit of $16,517 in business development and administrative expenses. At this
rate, we do not expect to be able to continue operations without additional
funding. We anticipate that additional funding will be needed for general
administrative expenses and marketing costs. We have not generated any revenue
from operations to date.


In order to expand our business operations, we anticipate that we will have to
raise additional funding. If we are not able to raise the capital necessary to
fund our business expansion objectives, we may have to delay the implementation
of our business plan.

                                       5

We do not currently have any arrangements for financing. Obtaining additional
funding will be subject to a number of factors, including general market
conditions, investor acceptance of our business plan and initial results from
our business operations. These factors may impact the timing, amount, terms or
conditions of additional financing available to us. The most likely source of
future funds available to us is through the sale of additional shares of common
stock or advances from our directors.

BECAUSE OUR SOLE OFFICER AND DIRECTOR HAS OTHER BUSINESS INTERESTS, HE MAY NOT
BE ABLE OR WILLING TO DEVOTE A SUFFICIENT AMOUNT OF TIME TO OUR BUSINESS
OPERATIONS, CAUSING OUR BUSINESS TO FAIL.

Our sole officer and director, Gary Burkinshaw, will only be devoting limited
time to our operations. Mr. Burkinshaw intends to devote 35% of his business
time to our affairs. Because our sole officer and director will only be devoting
limited time to our operations, our operations may be sporadic and occur at
times which are convenient to him. As a result, operations may be periodically
interrupted or suspended which could result in a lack of revenues and a possible
cessation of operations. It is possible that the demands on Gary Burkinshaw from
his other obligations could increase with the result that he would no longer be
able to devote sufficient time to the management of our business. In addition,
Mr. Burkinshaw may not possess sufficient time for our business if the demands
of managing our business increase substantially beyond current levels.

BECAUSE WE HAVE ONLY ONE OFFICER AND DIRECTOR WHO HAS NO FORMAL TRAINING IN
FINANCIAL ACCOUNTING AND MANAGEMENT, OUR BUSINESS HAS A HIGHER RISK OF FAILURE.

We have only one officer and director. He has no formal training in financial
accounting and management; however, he is responsible for our managerial and
organizational structure, which will include preparation of disclosure and
accounting controls. When the disclosure and accounting controls referred to
above are implemented, he will be responsible for the administration of them.
Should he not have sufficient experience, he may be incapable of creating and
implementing the controls which may cause us to be subject to sanctions and
fines by the SEC which ultimately could cause an investor to lose their
investment. However, because of the small size of our expected operations, we
believe that he will be able to monitor the controls he will have created and
will be accurate in assembling and providing information to investors.

BECAUSE OUR CONTINUATION AS A GOING CONCERN IS IN DOUBT, WE WILL BE FORCED TO
CEASE BUSINESS OPERATIONS UNLESS WE CAN GENERATE PROFITABLE OPERATIONS IN THE
FUTURE.

We will be incurring losses until we build a break-even level of revenue.
Further losses are anticipated in the development of our business. As a result,
there is substantial doubt about our ability to continue as a going concern. Our
ability to continue as a going concern is dependent upon our ability to generate
profitable operations in the future and/or to obtain the necessary financing to
meet our obligations and repay our liabilities arising from normal business
operations when they come due. We will require additional funds in order to move
forward with our business plan. At this time, we cannot assure investors that we
will be able to obtain financing. If we are unable to raise needed financing, we
will have to delay or abandon further operations. If we cannot raise financing
to meet our obligations, we will be insolvent and will be forced to cease our
business operations.

IF GARY BURKINSHAW, OUR SOLE OFFICER AND DIRECTOR, SHOULD RESIGN OR DIE, WE WILL
NOT HAVE A CHIEF EXECUTIVE OFFICER. THIS COULD RESULT IN OUR OPERATIONS
SUSPENDING, AND INVESTORS COULD LOSE THIER INVESTMENT.

We depend on the services of our sole officer and director, Gary Burkinshaw for
the future success of our business. The loss of the services of Mr. Burkinshaw
could have an adverse effect on our business, financial condition and results of
operations. If he should resign or die we will not have a chief executive
officer. If that should occur, until we find another person to act as our chief
executive officer, our operations could be suspended. In that event it is

                                       6

possible an investor could lose their entire investment. We do not carry any key
personnel life insurance policies on Mr. Burkinshaw and we do not have a
contract for his services.

BECAUSE OUR DIRECTOR OWNS 55.8% OF OUR ISSUED AND OUTSTANDING COMMON STOCK, THEY
CAN MAKE AND CONTROL CORPORATE DECISIONS THAT MAY BE DISADVANTAGEOUS TO MINORITY
SHAREHOLDERS.

Our director, Gary Burkinshaw, owns approximately 55.8% of the outstanding
shares of our common stock. Accordingly, he will have a significant influence in
determining the outcome of all corporate transactions or other matters,
including mergers, consolidations, and the sale of all or substantially all of
our assets. He will also have the power to prevent or cause a change in control.
The interests of our directors may differ from the interests of the other
stockholders and thus result in corporate decisions that are disadvantageous to
other shareholders.

U.S. INVESTORS MAY EXPERIENCE DIFFICULTIES IN ATTEMPTING TO EFFECT SERVICE OF
PROCESS AND TO ENFORCE JUDGMENTS BASED UPON U.S. FEDERAL SECURITIES LAWS AGAINST
THE COMPANY AND ITS SOLE NON-U.S. RESIDENT OFFICER AND DIRECTOR.

While we are organized under the laws of State of Nevada, our sole officer and
director is non-U.S. resident. Consequently, it may be difficult for investors
to affect service of process on Mr. Burkinshaw in the United States and to
enforce in the United States judgments obtained in United States courts against
Mr. Burkinshaw based on the civil liability provisions of the United States
securities laws. Since all our assets will be located in England it may be
difficult or impossible for U.S. investors to collect a judgment against us. As
well, any judgment obtained in the United States against us may not be
enforceable in the United States.

IF A MARKET FOR OUR COMMON STOCK DOES NOT DEVELOP, SHAREHOLDERS MAY BE UNABLE TO
SELL THEIR SHARES.


There is currently no market for our common stock and we can provide no
assurance that a market will develop. We aim to obtain quotation of our common
stock on the OTC Bulletin Board upon the effectiveness of the registration
statement, of which this prospectus forms a part. However, we can provide
investors with no assurance that our shares will be quoted on the OTC Bulletin
Board or, if quoted, that a public market will materialize. In order to obtain
quotation on the OTC Bulletin Board our company will be required to procure the
sponsorship of a registered market maker. There is no guarantee that we will
ever obtain the sponsorship of a market maker and as a result may be unable to
quote our common stock on the OTC Bulletin Board,


If no market is ever developed for our shares, it will be difficult for
shareholders to sell their stock. In such a case, shareholders may find that
they are unable to achieve benefits from their investment.

OUR SHARES OF COMMON STOCK ARE SUBJECT TO THE "PENNY STOCK" RULES OF THE
SECURITIES AND EXCHANGE COMMISSION AND THE MARKET IN OUR SECURITIES WILL BE
LIMITED, WHICH WILL MAKE TRANSACTIONS IN OUR STOCK CUMBERSOME AND MAY REDUCE THE
VALUE OF AN INVESTMENT IN OUR STOCK.

The SEC has adopted rules that regulate broker-dealer practices in connection
with transactions in "penny stocks." Penny stocks generally are equity
securities with a price of less than $5.00 (other than securities registered on
certain national securities exchanges or quoted on the NASDAQ system, provided
that current price and volume information with respect to transactions in such
securities is provided by the exchange or system). Penny stock rules require a
broker-dealer, prior to a transaction in a penny stock not otherwise exempt from
those rules, to deliver a standardized risk disclosure document prepared by the
SEC, which specifies information about penny stocks and the nature and
significance of risks of the penny stock market. A broker-dealer must also
provide the customer with bid and offer quotations for the penny stock, the
compensation of the broker-dealer, and sales person in the transaction, and

                                       7

monthly account statements indicating the market value of each penny stock held
in the customer's account. In addition, the penny stock rules require that,
prior to a transaction in a penny stock not otherwise exempt from those rules,
the broker-dealer must make a special written determination that the penny stock
is a suitable investment for the purchaser and receive the purchaser's written
agreement to the transaction. These disclosure requirements may have the effect
of reducing the activity in the secondary market for stock that becomes subject
to those penny stock rules. If a market for our common stock develops, our
common stock will probably become subject to the penny stock rules, and
shareholders may have difficulty in selling their shares.

ANY ADDITIONAL FUNDING WE ARRANGE THROUGH THE SALE OF OUR COMMON STOCK WILL
RESULT IN DILUTION TO EXISTING SHAREHOLDERS.

We must raise additional capital in order for our business plan to succeed. Our
most likely source of additional capital will be through the sale of additional
shares of common stock. Such stock issuances will cause stockholders' interests
in our company to be diluted. Such dilution will negatively affect the value of
investors' shares.

WE DO NOT EXPECT TO PAY DIVIDENDS IN THE FORESEEABLE FUTURE.

We have never paid any dividends on our common stock. We do not expect to pay
cash dividends on our common stock at any time in the foreseeable future. The
future payment of dividends directly depends upon our future earnings, capital
requirements, financial requirements and other factors that our board of
directors will consider. Since we do not anticipate paying cash dividends on our
common stock, a return on your investment, if any, will depend solely on an
increase, if any, in the market value of our common stock.

AS A SHELL COMPANY, WE FACE SUBSTANTIAL ADDITIONAL ADVERSE BUSINESS AND LEGAL
CONSEQUENCES.

On June 29, 2005, the Securities and Exchange Commission adopted final rules
amending the Form S-8 and the Form 8-K for shell companies like us. The
amendments expand the definition of a shell company to be broader than a company
with no or nominal operations/assets or assets consisting of cash and cash
equivalents. The amendments prohibit the use of a Form S-8 (a form used by a
corporation to register securities issued to an employee, director, officer,
consultant or advisors), under certain circumstances, and revise the Form 8-K to
require a shell company to include current Form 10 information, including
audited financing statements, in the filing on Form 8-K that the shell company
files to report the acquisition of a business opportunity. This initial filing
must be made within four days of the acquisition. The Form 8-K filing may be
reviewed by the Securities and Exchange Commission and the prospects of certain
disclosure or review of the lack of the ability to issue securities using a Form
S-8 may delay the consummation of any potential business combination.


AS A SHELL COMPANY, OUR SHAREHOLDERS WILL NOT BE ABLE TO RELY UPON RULE 144 FOR
THE RESALE OF THEIR SHARES.

In general, Rule 144 requires restricted securities to be held for a particular
length of time and prescribes the conditions which must be satisfied prior to
the sale of the securities. The Securities and Exchange Commission codified a
staff interpretation relating to the treatment of the securities of shell
companies, of which we are one. Under the amendments, Rule 144 is not available
for the resale of securities initially issued by a shell company (reporting or
non-reporting) or a former shell company. Therefore, the securities held by our
shareholders can be resold only through a resale registration statement unless
certain conditions are met. These conditions are:

     *    The company has ceased to be a shell company;
     *    The company is subject to the reporting requirements of Section 13 or
          15 (d) of the Securities Exchange Act of 1934, as amended;


                                       8


     *    The company has filed all reports and other materials required to be
          filed by Section 13 or 15(d) of the Securities Exchange Act, as
          applicable, during the preceding twelve months; and
     *    One year has elapsed since the Company has filed current "Form 10
          information" with the Securities and Exchange Commission reflecting
          its stats as an entity that is no longer a shell company.

If these conditions are satisfied, then our shareholders can resell their
securities subject to all other applicable Rule 144 conditions. See "Market for
Common Equity and Related Stockholder Matters - Rule 144 Shares".


WE HAVE NO EXPERIENCE AS A PUBLIC COMPANY.

We have never operated as a public company. We have no experience in complying
with the various rules and regulations, which are required of a public company.
As a result, we may not be able to operate successfully as a public company,
even if our operations are successful. We plan to comply with all of the various
rules and regulations, which are required of a public company. However, if we
cannot operate successfully as a public company, your investment may be
adversely affected. Our inability to operate as a public company could be the
basis of your losing your entire investment in us.

                           FORWARD-LOOKING STATEMENTS

This discussion contains certain statements which may be viewed as
forward-looking statements that involve risks and uncertainties. When used
herein, the words "believes", "anticipates", "expects" and similar expressions
are intended in certain circumstances, to identify forward-looking statements.
Such statements are subject to a number of risks and uncertainties that could
cause actual results to differ materially from those projected, including the
risks of a startup company becoming profitable and raising the funds required to
do so. Given these uncertainties, you are cautioned not to place undue reliance
on such statements. There are no assurances the company can fulfill such
forward-looking statements. Such forward-looking statements are only
predictions; actual events or results may differ materially as a result of risks
facing the company. Some of these risks include changes in government
regulations, lack of financing and undercapitalization, inability to compete on
a price level with competitors, loss of supply contracts, and increases in
shipping costs

                                USE OF PROCEEDS

We will not receive any proceeds from the sale of the common stock offered
through this prospectus by the selling shareholders.

                         DETERMINATION OF OFFERING PRICE


The selling shareholders will sell our shares at $0.07 per share regardless of
whether our shares are quoted on the OTC Bulletin Board. We determined this
offering price arbitrarily by adding a $0.03 premium to the last sale price of
our common stock to investors.


                                    DILUTION

The common stock to be sold by the selling shareholders is common stock that is
currently issued and outstanding. Accordingly, there will be no dilution to our
existing shareholders.

                              SELLING SHAREHOLDERS

The selling shareholders named in this prospectus are offering all of the
2,375,000 shares of common stock offered through this prospectus. These shares
were acquired from us in private placements that were exempt from registration
provided under Regulation S of the Securities Act of 1933. All shares were
acquired outside of the United States by non-U.S. persons. The shares include
the following:

                                       9

     1.   1,500,000 shares of our common stock that the selling shareholders
          acquired from us in an offering that was exempt from registration
          under Regulation S of the Securities Act of 1933 that was completed on
          February 20, 2009;
     2.   600,000 shares of our common stock that the selling shareholders
          acquired from us in an offering that was exempt from registration
          under Regulation S of the Securities Act of 1933 that was completed on
          June 8, 2009;
     3.   275,000 shares of our common stock that the selling shareholders
          acquired from us in an offering that was exempt from registration
          under Regulation S of the Securities Act of 1933 that was completed on
          August 8, 2009.

The following table provides as of the date of this prospectus, information
regarding the beneficial ownership of our common stock held by each of the
selling shareholders, including:

     1.   the number of shares owned by each prior to this offering;
     2.   the total number of shares that are to be offered for each;
     3.   the total number of shares that will be owned by each upon completion
          of the offering; and
     4.   the percentage owned by each upon completion of the offering.



                                             Total Number of
                                              Shares to Be
                                               Offered For       Total Shares to
                            Shares Owned         Selling          Be Owned Upon      Percentage of Shares
Name of Selling            Prior to This       Shareholders        Completion Of     owned Upon Completion
 Shareholder                 Offering            Account          This Offering        of This Offering
 -----------                 --------            -------          -------------        ----------------
                                                                          
Dale Burkinshaw              250,000             250,000               Nil                    Nil

Ross Burkinshaw              250,000             250,000               Nil                    Nil

Carla Burkinshaw             250,000             250,000               Nil                    Nil

Brian Burkinshaw             250,000             250,000               Nil                    Nil

Karen Burkinshaw             250,000             250,000               Nil                    Nil

Philomena Bentham            250,000             250,000               Nil                    Nil


                                       10



                                                                          
Kerry Bentham                 50,000              50,000               Nil                    Nil

David Bentham                 50,000              50,000               Nil                    Nil

Michael Bentham               50,000              50,000               Nil                    Nil

Cassandra Turner              50,000              50,000               Nil                    Nil

Bethany Travis                50,000              50,000               Nil                    Nil

Antonia Jade Crossland        50,000              50,000               Nil                    Nil

Jake Grimstone                50,000              50,000               Nil                    Nil

Simon Levitt                  50,000              50,000               Nil                    Nil

Rachel Kershaw                50,000              50,000               Nil                    Nil

Andrew Cawley                 50,000              50,000               Nil                    Nil

Natalie Cheethem              50,000              50,000               Nil                    Nil

Emry Brigs                    50,000              50,000               Nil                    Nil

Matthew Hall                  25,000              25,000               Nil                    Nil

Todd Cheshire                 25,000              25,000               Nil                    Nil


                                       11



                                                                          
Daniel Ellis                  25,000              25,000               Nil                    Nil

Michael Wright                25,000              25,000               Nil                    Nil

Robert Boxter                 25,000              25,000               Nil                    Nil

Jason Albinson                25,000              25,000               Nil                    Nil

Robert Shaw                   25,000              25,000               Nil                    Nil

Paul Clarke                   25,000              25,000               Nil                    Nil

Melanie Jane Palmer           25,000              25,000               Nil                    Nil

Kimberley Jenkins             25,000              25,000               Nil                    Nil

Mark Haslam                   25,000              25,000               Nil                    Nil


The named party beneficially owns and has sole voting and investment power over
all shares or rights to these shares. The numbers in this table assume that none
of the selling shareholders sells shares of common stock not being offered in
this prospectus or purchases additional shares of common stock, and assumes that
all shares offered are sold. The percentages are based on 5,375,000 shares of
common stock issued and outstanding on the date of this prospectus.

The relationship between the selling shareholders and the Company's president,
Gary Burkinshaw is one of either family ties or pre-existing and substantive
relationships.

None of the selling shareholders:

     1.   has had a material relationship with us other than as a shareholder at
          any time within the past three years;
     2.   has ever been one of our officers or directors;
     3.   is a broker-dealer; or a broker-dealer's affiliate.

                                       12

                              PLAN OF DISTRIBUTION

The selling shareholders may sell some or all of their common stock in one or
more transactions, including block transactions. There are no arrangements,
agreements or understandings with respect to the sale of these securities.

The selling shareholders will sell our shares at $0.07 per share regardless of
whether our shares are quoted on the OTC Bulletin Board. We determined this
offering price arbitrarily by adding a $0.03 premium to the last sale price of
our common stock to investors. There is no assurance of when, if ever, our stock
will be listed on an exchange or quotation system.

The shares may also be sold in compliance with the Securities and Exchange
Commission's Rule 144, when eligible.

If applicable, the selling shareholders may distribute shares to one or more of
their nominees who are unaffiliated with us. Such nominees may, in turn,
distribute such shares as described above. If these shares being registered for
resale are transferred from the named selling shareholders and the new
shareholders wish to rely on the prospectus to resell these shares, then we must
first file a prospectus supplement naming these individuals as selling
shareholders and providing the information required concerning the identity of
each selling shareholder and he or her relationship to us. There is no agreement
or understanding between the selling shareholders and any nominees with respect
to the distribution of the shares being registered for resale pursuant to this
registration statement.

For the purpose of this registration statement nominee will be defined as: (a) a
person or entity who is requested or named to act for another, such as an agent
or trustee, or (b) a potential successor to another's rights under a contract.

We can provide no assurance that all or any of the common stock offered will be
sold by the selling shareholders.

We are bearing all costs relating to the registration of the common stock. The
selling shareholders, however, will pay any commissions or other fees payable to
brokers or dealers in connection with any sale of the common stock.

The persons listed in the following table plan to offer the shares shown
opposite their respective names by means of this prospectus. The owners of the
shares to be sold by means of this prospectus are referred to as the "selling"
shareholders". The selling shareholders acquired their shares from us in private
negotiated transactions. These shares may be sold by one or more of the
following methods, without limitations.

     *    A block trade in which a broker or dealer so engaged will attempt to
          sell the shares as agent but may position and resell a portion of the
          block as principal to facilitate the transaction;
     *    Purchase by a broker or dealer as principal and resale by such broker
          or dealer for its account pursuant to this prospectus;
     *    Ordinary brokerage transactions and transactions in which the broker
          solicits purchasers
     *    Face to face transactions between sellers and purchasers without a
          broker/dealer.

Presently, the selling shareholders cannot sell their common stock of our
company in accordance with new Rule 144 under the Securities Act because we are
defined as a "shell company."

In competing sales, brokers or dealers engaged by the selling shareholders may
arrange for other brokers or dealers to participate. Brokers or dealers may
receive commissions or discounts from selling shareholders in amounts to be
negotiated. As to any particular broker-dealer, this compensation might be in
excess of customary commissions. Neither, we nor the selling stockholders can
presently estimate the amount of such compensation.

                                       13

The selling shareholders and any broker/dealers who act in connection with the
sale of the shares will be deemed to be "underwriters" within the meaning of the
Securities Acts of 1933, and any commissions received by them and any profit on
any resale of the shares as a principal might be deemed to be underwriting
discounts and commissions under the Securities Act.

If any selling shareholders enters into an agreement to sell his or her shares
to a broker/dealer as principal and the broker/dealer is acting as an
underwriter, we will file a post-effective amendment to the registration
statement, of which this prospectus is a part, identifying the broker/dealer,
providing required information concerning the plan of distribution, and
otherwise revising the disclosures in this prospectus as needed. We will also
file the agreement between the selling shareholder and the broker/dealer as an
exhibit to the post-effective amendment to the registration statement.

We have advised the selling shareholders that they and any securities
broker/dealers or others who will be deemed to be statutory underwriters will be
subject to the prospectus delivery requirements under the Securities Act of
1933. We have advised each selling shareholder that in the event of a
"distribution" of the shares owned by the selling shareholder, such selling
shareholder, any "affiliated purchasers", and any broker/dealer or other person
who participates in the distribution may be subject to Rule 102 of Regulation M
under the Securities Exchange Act of 1934 ("1934 Act") until their participation
in that distribution is complete. Rule 102 makes it unlawful for any person who
is participating in a distribution to bid for or purchase stock of the same
class, as is the subject of the distribution. A "distribution" is defined in
Rule 102 as an offering of securities "that is distinguished from ordinary
trading transaction by the magnitude of the offering and the presence of special
selling efforts and selling methods". We have advised the selling shareholders
that Rule 101 of Regulation M under the 1934 Act prohibits any "stabilizing bid"
or "stabilizing purchase" for purpose of pegging, fixing or stabilizing the
price of the common stock in connection with this offering.

No selling shareholder (other than the current officer/director) has, or had,
any material relationship with our officers or directors. No selling shareholder
is affiliated with a broker/dealer.

The selling shareholders must comply with the requirements of the Securities Act
and the Securities Exchange Act in the offer and sale of the common stock. In
particular, during such times as the selling shareholders may be deemed to be
engaged in a distribution of the common stock, and therefore be considered to be
an underwriter, they must comply with applicable law and may, among other
things:

     1.   Not engage in any stabilization activities in connection with our
          common stock;
     2.   Furnish each broker or dealer through which common stock may be
          offered, such copies of this prospectus, as amended from time to time,
          as may be required by such broker or dealer; and
     3.   Not bid for or purchase any of our securities or attempt to induce any
          person to purchase any of our securities other than as permitted under
          the Securities Exchange Act.

The Securities and Exchange Commission has also adopted rules that regulate
broker-dealer practices in connection with transactions in penny stocks. Penny
stocks are generally equity securities with a price of less than $5.00 (other
than securities registered on certain national securities exchanges or quoted on
the NASDAQ system, provided that current price and volume information with
respect to transactions in such securities is provided by the exchange or
system).

The penny stock rules require a broker-dealer, prior to a transaction in a penny
stock not otherwise exempt from those rules, deliver a standardized risk
disclosure document prepared by the Commission, which contains:

                                       14

     -    a description of the nature and level of risk in the market for penny
          stocks in both public offerings and secondary trading;
     -    a description of the broker's or dealer's duties to the customer and
          of the rights and remedies available to the customer with respect to a
          violation of such duties or other requirements;
     -    a brief, clear, narrative description of a dealer market, including
          "bid" and "ask" prices for penny stocks and the significance of the
          spread between the bid and ask price;
     -    a toll-free telephone number for inquiries on disciplinary actions;
     -    a definition of significant terms in the disclosure document or in the
          conduct of trading penny stocks; and
     -    such other information and is in such form (including language, type,
          size, and format) as the Commission shall require by rule or
          regulation.

The broker-dealer also must provide, prior to effecting any transaction in a
penny stock, the customer with:

     -    bid and offer quotations for the penny stock;
     -    the compensation of the broker-dealer and its salesperson in the
          transaction;
     -    the number of shares to which such bid and ask prices apply, or other
          comparable information relating to the depth and liquidity of the
          market for such stock; and
     -    monthly account statements showing the market value of each penny
          stock held in the customer's account.

In addition, the penny stock rules require that prior to a transaction in a
penny stock not otherwise exempt from those rules; the broker-dealer must make a
special written determination that the penny stock is a suitable investment for
the purchaser and receive the purchaser's written acknowledgment of the receipt
of a risk disclosure statement, a written agreement to transactions involving
penny stocks, and a signed and dated copy of a written suitability statement.
These disclosure requirements will have the effect of reducing the trading
activity in the secondary market for our stock because it will be subject to
these penny stock rules. Therefore, stockholders may have difficulty selling
those securities.

                                       15

                            DESCRIPTION OF SECURITIES

GENERAL

Our authorized capital stock consists of 75,000,000 shares of common stock at a
par value of $0.001 per share.

COMMON STOCK

As of August 31, 2009, there were 5,375,000 shares of our common stock issued
and outstanding that are held by 30 stockholders of record.

Holders of our common stock are entitled to one vote for each share on all
matters submitted to a stockholder vote. Holders of common stock do not have
cumulative voting rights. Therefore, holders of a majority of the shares of
common stock voting for the election of directors can elect all of the
directors. Holders of our common stock representing a majority of the voting
power of our capital stock issued, outstanding and entitled to vote, represented
in person or by proxy, are necessary to constitute a quorum at any meeting of
our stockholders. A vote by the holders of a majority of our outstanding shares
is required to effectuate certain fundamental corporate changes such as
liquidation, merger or an amendment to our articles of incorporation.

Holders of common stock are entitled to share in all dividends that the board of
directors, in its discretion, declares from legally available funds. In the
event of a liquidation, dissolution or winding up, each outstanding share
entitles its holder to participate pro rata in all assets that remain after
payment of liabilities and after providing for each class of stock, if any,
having preference over the common stock. Holders of our common stock have no
pre-emptive rights, no conversion rights and there are no redemption provisions
applicable to our common stock.

PREFERRED STOCK

We do not have an authorized class of preferred stock.

DIVIDEND POLICY

We have never declared or paid any cash dividends on our common stock. We
currently intend to retain future earnings, if any, to finance the expansion of
our business. As a result, we do not anticipate paying any cash dividends in the
foreseeable future.

SHARE PURCHASE WARRANTS

We have not issued and do not have any outstanding warrants to purchase shares
of our common stock.

OPTIONS

We have not issued and do not have any outstanding options to purchase shares of
our common stock.

CONVERTIBLE SECURITIES

We have not issued and do not have any outstanding securities convertible into
shares of our common stock or any rights convertible or exchangeable into shares
of our common stock.

                                       16

                     INTERESTS OF NAMED EXPERTS AND COUNSEL

No expert or counsel named in this prospectus as having prepared or certified
any part of this prospectus or having given an opinion upon the validity of the
securities being registered or upon other legal matters in connection with the
registration or offering of the common stock was employed on a contingency
basis, or had, or is to receive, in connection with the offering, an interest,
direct or indirect, in the registrant or any of its parents or subsidiaries. Nor
was any such person connected with the registrant or any of its parents or
subsidiaries as a promoter, managing or principal underwriter, voting trustee,
director, officer, or employee.

Diane D. Dalmy, Attorney at Law has provided an opinion on the validity of our
common stock.

The financial statements included in this prospectus and the registration
statement have been audited by DeJoya Griffith & Company, LLC to the extent and
for the periods set forth in their report appearing elsewhere in this document
and in the registration statement filed with the SEC, and are included in
reliance upon such report given upon the authority of said firm as experts in
auditing and accounting.

                             DESCRIPTION OF BUSINESS

We were incorporated in the State of Nevada on September 25, 2008 and have not
begun operations. We intend to design and construct eco-friendly self assembly
housing and storage structures. Our intentions are to build a product that will
be well suited to a more environmentally conscious market looking for affordable
quality housing and storage that can be put together easily and quickly.
Initially we will target the resort and cabin markets of Europe, Asia and North
America.

If we are able to raise the required capital we intend to focus on three
products our first year of operations:

Large Cabin- 32x17 feet (5 rooms)
Small Cabin- 24x16 feet (3 rooms)
Storage Shed- 8x6 feet

We have not begun operations and will not begin operations until we are able to
raise the required funds to do so. We intend to raise the required funds through
an equity placement. However, there is no guarantee that we will be able to
raise the required cash and because of this our business may fail. We estimate
approximately $174,000.00 will be required to begin and continue operations for
our first year. In addition our products will be fabricated on a build to order
basis and as such variable costs will be incurred before any revenue is received
by the company. These variable costs differ based on the product constructed.
Further detail on first year expenditures is listed below. Our plan of operation
is forward-looking and there is no assurance that we will ever begin operations.
We are a development stage company and have not earned any revenue. It is likely
that we will not be able to achieve profitability and will have to cease
operations due to the lack of funding.

Initial Capital Expenses:

Tools and Machinery-       $42,000.00
12 month shop lease-       $24,000.00
Shop Assistant-            $24,000.00
Electricity-               $ 5,000.00
Marketing-                 $25,000.00
Initial Supplies-          $54,000.00

*    Initial Supplies are composed of supply and packaging materials for three
     units of each product.

Supply and Packaging Expenses (per single unit basis):

Large Cabin-               $9,500
Small Cabin-               $6,700
Storage Shed-              $1,800

*    prices of lumber and other wood and metal products could vary depending on
     commodity prices.

                                       17

Our homes will be designed so that two people will be able to erect and assemble
the structure within two days. The homes will arrive at the requested address in
kit form containing all the components and instructions required for self
assembly. Wood products used in fabrication will come from sustainable forests
and design will be utilized to assure low energy consumption. Building
regulations do differ from jurisdiction to jurisdiction and warnings will be
posted on the website and product to warn that the buyer should first check for
local planning permission before purchase.

Our business model is to procure our raw materials (lumber, flooring, tacking,
electrical, support, and roofing) from green sources. By green sources it is
meant that our lumber and other wood based products will come from eco-certified
forests, and recycled materials. The electrical and power generation products we
will supply and incorporate into our design will be energy and waste efficient.
The actual construction and design of our products will be conducted so that
material waste is kept to a minimum.

We intend to provide order options to include wind and solar power, as well as a
variety of flooring and roofing choices so that the client can chose the
specifications that best meet their needs and wants.

If we are able to raise the required funds Mr. Burkinshaw and a hired assistant
will design, construct and develop our products for shipping around the world.

Design-The actual dimensions and material requirements will be determined using
SolidBuilder architectural software purchased by the Company in May of 2009.
This software allows for a wide variety of designs and building material
variations in order to provide the unique specifications required for a packaged
pre-fabricated structure.

Material Ordering-Once a shop is established we intend to order the required
materials to construct approximately three units of each of our proposed
products. If we are able to expand our business through marketing efforts we
intend to order supplies as needed to keep inventory costs to a minimum. At
present we have a supply agreement with with UAB Stilmeda with offices
throughout Europe. UAB Stilmeda has agreed to supply us with the majority of the
raw wood and specialty wood products required to build our final products. (See
Exhibit 10.1). Other materials including tacking, electrical, flooring and
fixtures will be procured from local industrial outfitters until the need arises
for a lower-cost, bulk supplier. Power generation supplies have not yet been
procured.

Product Development- Raw materials will be formed and made ready for assembly by
Mr. Burkinshaw and a hired assistant. Electrical wires will be fashioned as
required while joist and other tacking materials will be packaged. Fixtures,
instructions and eco-certification documents will be packaged and the final
product will be stored until time of shipping.

Shipping-Finished product will be shipped to its final destination with tracking
information sent electronically to the client.

MARKET

There are many examples or new markets for low cost, "green" housing projects
throughout the world. Recently India announced that the country intends to more
than triple its square-footage of energy-efficient building space (Wealth Daily
August 24, 2009.). In addition, the United Arab Emirates is starting
construction of the world's first, carbon-neutral, zero-waste city. (Wealth
Daily August 24, 2009). Future projections by groups such as McGraw-Hill and the
National Association of Home Builders suggested that in the next 2 years they
expect to see a 5-10% increase in new green homes (Residential Green Building
SmartMarket Report). These projects and projections are just examples of a trend
that we believe shows positive signals for our business plan. Our company in no
way has any contracts, nor do we intend to bid for, any contracts in these two
projects.

                                       18

MARKETING

A corporate website is currently being completed where we will have detailed
specifications on each of our products as well as an assembly manual so
interested parties can understand the simplicity of our products. At present our
website shows designed of our products completed using SolidBuilder software
purchased by the Company in May of 2009. We intend to have our corporate website
fully operational by April of 2010. Once construction of our products commences
we intend have pictures of exteriors and interiors of actual homes we have
designed and built shown on the corporate website. The corporate website will
provide the portal for not only information on our products but also where the
majority of the transactions will take place. We intend to have credit card
software set up in order to take payments online but we will also have a direct
phone line where orders can be handled via check or money order as well. The
website will also focus on the "green" aspect of the company and give a detailed
description of the entire supply chain from the forests we procure our wood to
the materials and methods used to ship the final product.

Other methods of communication will include:

     -    Informal marketing/networking
     -    activities such as joining organizations.
     -    Trade shows attendance
     -    Publications in news papers and green magazines

REVENUE

Should the Company start operations the revenue will come from the purchase of
housing and storage structures. Specific prices may change due to elasticity of
demand and fluctuations in commodity prices but currently we have set our
product prices below:

Large Cabin-      $28,000.00
Small Cabin-      $22,500.00
Storage Shed-     $ 3,900.00

Transactions will take place through online purchases, and by check or money
orders. At present the Company does not have any current customers or customer
contracts. The Company cannot be certain that it will generate any revenues in
the future

COMPETITION

There are many companies that sell log cabin kits. However companies that focus
on attractive, affordable and ease of assembly are few. Our main competition
will be Argos. The major retailer has recently come out with a product that will
be in direct competition with our Large Cabin product. We do not have the name,
marketing budget, or economies of scale to compete on a price level with Argos,
but will instead compete based on the "green" edge and quality of final product.
Our failure to maintain a competitive position within the market could have a
materially adverse effect on our business, financial condition and results of
operations.

INSURANCE

We do not maintain any insurance and do not intend to maintain insurance in the
future. Because we do not have any insurance, if we are made a party of a
products liability action, we may not have sufficient funds to defend the
litigation. If that occurs a judgment could be rendered against us that could
cause us to cease operations.

EMPLOYEES

We are a development stage company and currently have no employees, other than
our sole officer and director. Our sole officer and director, Gary Burkinshaw,
will only be devoting limited time to our operations. Mr. Burkinshaw intends to
devote 35% of his business time to our affairs. Because our sole officer and
director will only be devoting limited time to our operations, our operations
may be sporadic and occur at times which are convenient to him. As a result,
operations may be periodically interrupted or suspended which could result in a

                                       19

lack of revenues and a possible cessation of operations. It is possible that the
demands on Gary Burkinshaw from his other obligations could increase with the
result that he would no longer be able to devote sufficient time to the
management of our business. In addition, Mr. Burkinshaw may not possess
sufficient time for our business if the demands of managing our business
increase substantially.

We intend to hire additional employees on an as needed basis.

GOVERNMENT REGULATIONS


Only products that have achieved the highest standard of certification will be
supplied by Shawcore Development Corp. All products supplied will be in
pre-compliance with the British Board of Agrement Certification, BS EN Code, DIN
Code or UKAS. Each of the aforementioned standards is universally accepted as
the highest achievable standards within the EU. Accordingly, we do not
anticipate any negative impact on the Company's business.

Government certification is available for the actual manufacturing process but
not required in our circumstances. BS18000 is the highest standard of
certification that can be obtained within the European Union is universally
accepted across all EU member states. BS18000 also satisfies all environmental
requirements within the EU.

The Company will aim to obtain BS18000 certification for its manufactured
products prior to their supply. Obtaining the BS18000 certification is an
expeditious process which typically takes no longer than two months. There is no
guarantee the Company will be able to achieve the BS18000 standard.

In order to obtain BS180000 the manufacturing premises and the existing process
will have to be reviewed by an auditor. The auditor will identify weaknesses and
inefficiencies in the process and recommend a schedule of changes to be
implemented. If all changes are implemented to the satisfaction of the auditor
the standard will be awarded.

At present we have not received or began the process to receive certification
for any of the Company's products.


RESEARCH AND DEVELOPMENT

We have not conducted any research or development nor incurred any research or
development expenditures since our incorporation.

SUBSIDIARIES

We do not have any subsidiaries.

PATENTS AND TRADEMARKS

We do not own, either legally or beneficially, any patents or trademarks.

OFFICES

Our office is currently located at 329 Manchester Road Deepcar, Sheffield
England, S36 2RB. Our telephone number is 011 44 114 288. This location does not
have the storage capacity for inventory required by our anticipated operations.
We intend to move to a more suitable location if we are able to raise additional
capital through an equity placement. We do not pay any rent and there is no
agreement to pay any rent in the future. Such costs are immaterial to the
financial statements and, accordingly have not been reflected therein.

                               LEGAL PROCEEDINGS

We are not currently a party to any legal proceedings. Our address for service
of process in Nevada is 502 North Division Street, Carson City, Nevada 89703

                                       20

            MARKET FOR COMMON EQUITY AND RELATED STOCKHOLDER MATTERS

NO PUBLIC MARKET FOR COMMON STOCK


There is presently no public market for our common stock. We anticipate
obtaining quotation of our common stock on the OTC Bulletin Board upon the
effectiveness of the registration statement of which this prospectus forms a
part. However, we can provide no assurance that our shares will be quoted on the
OTC Bulletin Board or, if quoted, that a public market will materialize.


STOCKHOLDERS OF OUR COMMON SHARES

As of the date of this registration statement, we have 30 registered
shareholders.

RULE 144 SHARES

All of the presently outstanding shares of our common stock are "restricted
securities" as defined under Rule 144 promulgated under the Securities Act and
may only be sold pursuant to an effective registration statement or an exemption
from registration, if available. The SEC has adopted final rules amending Rule
144 which have become effective on February 15, 2008. Pursuant to the new Rule
144, one year must elapse from the time a "shell company", as defined in Rule
405 of the Securities Act and Rule 12b-2 of the Exchange Act, ceases to be a
"shell company" and files Form 10 information with the SEC, before a restricted
shareholder can resell their holdings in reliance on Rule 144. Form 10
information is equivalent to information that a company would be required to
file if it were registering a class of securities on Form 10 under the Exchange
Act. A Form 10 includes information such as a description of the company's
business, risk factors associated with the business, financial information,
description of the company's properties, the securities ownership of the
company's management and 5% shareholders, a description of management and the
board of directors, compensation for officers and directors, transactions in
which the company entered into with officers and directors, legal proceedings,
the market in which the company trades its stock, sales of unregistered
securities, among other information. Under the amended Rule 144, restricted or
unrestricted securities, that were initially issued by a reporting or
non-reporting shell company or a company that was at anytime previously a
reporting or non-reporting shell company, can only be resold in reliance on Rule
144 if the following conditions are met: (1) the issuer of the securities that
was formerly a reporting or non-reporting shell company has ceased to be a shell
company; (2) the issuer of the securities is subject to the reporting
requirements of Section 13 or 15(d) of the Exchange Act; (3) the issuer of the
securities has filed all reports and material required to be filed under Section
13 or 15(d) of the Exchange Act, as applicable, during the preceding twelve
months (or shorter period that the Issuer was required to file such reports and
materials), other than Form 8-K reports; and (4) at least one year has elapsed
from the time the issuer filed the current Form 10 type information with the SEC
reflecting its status as an entity that is not a shell company.

At the present time, we are classified as a "shell company" under Rule 405 of
the Securities Act Rule 12b-2 of the Exchange Act. As such, all restricted
securities presently held by the affiliates of our company may not be resold in
reliance on Rule 144 until: (1) we file Form 10 information with the SEC when we
cease to be a "shell company"; (2) we have filed all reports as required by
Section 13 and 15(d) of the Securities Act for twelve consecutive months; and
(3) one year has elapsed from the time we file the current Form 10 type
information with the SEC reflecting our status as an entity that is not a shell
company.

STOCK OPTION GRANTS

To date, we have not granted any stock options.

REGISTRATION RIGHTS

We have not granted registration rights to the selling shareholders or to any
other persons.

                                       21

DIVIDENDS

There are no restrictions in our articles of incorporation or bylaws that
prevent us from declaring dividends. The Nevada Revised Statutes, however, do
prohibit us from declaring dividends where, after giving effect to the
distribution of the dividend:

     1.   we would not be able to pay our debts as they become due in the usual
          course of business; or
     2.   our total assets would be less than the sum of our total liabilities
          plus the amount that would be needed to satisfy the rights of
          shareholders who have preferential rights superior to those receiving
          the distribution.

We have not declared any dividends, and we do not plan to declare any dividends
in the foreseeable future.

                                PLAN OF OPERATION


Our plan of operations for the next twelve months is to complete the following
objectives within the time periods specified:

Our first milestone is to complete the registration of our shares for resale by
the selling stockholders named in this prospectus, effect registration of our
common stock as a class under the Exchange Act concurrently with the
effectiveness the registration statement of which this prospectus forms a part,
and then obtain a symbol to facilitate quotation of our shares on the OTC
Bulletin Board. . The remaining costs are expected to be approximately $20,500.
The nature of these costs is audit, legal, transfer agent fees and SEC
registration costs. There can be no assurance that we will obtain quotation on
the OTC Bulletin Board.


DEVELOP WEBSITE AND NETWORKS

Before we actually purchase the equipment and hire the necessary staff we will
complete the corporate website and begin initial marketing and networking
efforts. These efforts will be composed of attending industry events and
conferences as well as posting advertisements in related magazines. Gary
Burkinshaw will be using approximately 30% of his available time to contact his
extensive network and create awareness for the company.

ESTABLISH OFFICE AND PURCHASE/LEASE EQUIPMENT

We believe that it will cost $174,000 to set up an office, hire an assistant and
obtain the necessary equipment to begin operations. Another option considered is
leasing equipment off of the President and sole Director Mr. Burkinshaw for the
initial 12 months. A suitable location has been found for a new shop and
inquires have been made regarding rental pricing and other obligations. Listed
below are our internally generated capital expenditure requirements for the
first fiscal year of operations.

Initial Capital Expenses:

Tools and Machinery*-      $42,000.00
12 month shop lease-       $24,000.00
Shop Assistant-            $24,000.00
Electricity-               $ 5,000.00
Marketing-                 $25,000.00
Initial Supplies**-        $54,000.00

- ----------
*    Shop table, saw horses, circular saw, power drill, jigsaw, orbital sander,
     clamps, bench grinder, table saw, router, miter saw, storage, shop vacuum,
**   Initial Supplies are composed of supply and packaging materials for three
     units of each product.

                                       22

BEGIN OPERATIONS

Once initial marketing is under way, equipment purchased and an assistant hired
we will be ready to accept orders for our products.

We intend to hire one part-time assistant to help with the assembly and
packaging of our products. Building materials will be ordered as needed so to
reduce storage requirements and inventory. We currently have a supply contract
in place with UAB Stilmeda with offices throughout Europe. UAB Stilmeda has
agreed to supply us with the majority of the raw wood and specialty wood
products required to build our final products. (See Exhibit 10.1) Mr. Burkinshaw
has verbally agreed to dedicate 100% of his available work hours to the
Company's operations once the corporate website is fully functional and the
demands of customers require this dedication. Mr. Burkinshaw and a hired
assistant will design, construct and develop our products for shipping around
the world.

Design-The actual dimensions and material requirements will be determined using
SolidBuilder architectural software purchased by the Company in May of 2009.
This software allows for a wide variety of designs and building material
variations in order to provide the unique specifications required for a packaged
pre-fabricated structure.

Material Ordering-Once a shop is established we intend to order the required
materials to construct approximately three units of each of our proposed
products. If we are able to expand our business through marketing efforts we
intend to order supplies as needed to keep inventory costs to a minimum. At
present we have a supply agreement with with UAB Stilmeda with offices
throughout Europe. UAB Stilmeda has agreed to supply us with the majority of the
raw wood and specialty wood products required to build our final products. (See
Exhibit 10.1). Other materials including tacking, electrical, flooring and
fixtures will be procured from local industrial outfitters until the need arises
for a lower-cost, bulk supplier. Power generation supplies have not yet been
procured but we have began searching for suppliers of small scale wind and solar
suppliers.

Product Development- Raw materials will be formed and made ready for assembly by
Mr. Burkinshaw and a hired assistant. Electrical wires will be fashioned as
required while joist and other tacking materials will be packaged. Fixtures,
instructions and eco-certification documents will be packaged and the final
product will be stored until time of shipping.

Shipping-Finished product will be shipped to its final destination with tracking
information sent electronically to the client.

LIMITED OPERATING HISTORY; NEED FOR ADDITIONAL CAPITAL

There is no historical financial information about us upon which to base an
evaluation of our performance. We are a start-up company and have not generated
any revenues. We cannot guarantee success of 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.

We have no assurance that future 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 existing shareholders.

RESULTS OF OPERATIONS FOR PERIOD ENDING AUGUST 31, 2009

We did not earn any revenues from our incorporation on September 25, 2008 to
August 31, 2009. We incurred operating expenses in the amount of $2,062 for the
period from our inception on September 25, 2008 through August 31, 2009. These
operating expenses were comprised of our initial web site development expenses.

We have not attained profitable operations and are dependent upon obtaining
financing to continue with our business plan. For these reasons, there is
substantial doubt that we will be able to continue as a going concern.

                                       23

                  CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS

We have had no changes in or disagreements with our accountants.

                              AVAILABLE INFORMATION

We have filed a registration statement on Form S-1 under the Securities Act of
1933 with the Securities and Exchange Commission with respect to the shares of
our common stock offered through this prospectus. This prospectus is filed as a
part of that registration statement, but does not contain all of the information
contained in the registration statement and exhibitsYou may inspect the
registration statement, exhibits and schedules filed with the Securities and
Exchange Commission at the Commission's principal office in Washington, D.C.
Copies of all or any part of the registration statement may be obtained from the
Public Reference Section of the Securities and Exchange Commission, 100 F Street
NE, Washington, D.C. 20549. D.C. 20549. Please call the Commission at
1-800-SEC-0330 for further information on the operation of the public reference
rooms.

The Securities and Exchange Commission also maintains a web site at
http://www.sec.gov that contains reports, proxy statements and information
regarding registrants that file electronically with the Commission. Our
registration statement and the referenced exhibits can also be found on this
site.

          DIRECTORS, EXECUTIVE OFFICERS, PROMOTERS AND CONTROL PERSONS

Our executive officer and director and his age as of the date of this prospectus
is as follows:

DIRECTOR:

Name of Director         Age
- ----------------         ---

Gary Burkinshaw          51

EXECUTIVE OFFICERS:

Name of Officer          Age                            Office
- ---------------          ---                            ------

Gary Burkinshaw          51       President, Chief Executive Officer, Secretary,
                                  Treasurer, Chief Financial Officer and Chief
                                  Accounting Officer

BIOGRAPHICAL INFORMATION

Set forth below is a brief description of the background and business experience
of our sole officer and director for the past five years.

Since our inception on September 25, 2008, Gary Burkinshaw has been our
President, Chief Executive Officer, Secretary, Treasurer, Chief Financial
Officer, Chief Accounting Officer and sole member of our board of directors. Mr.
Burkinshaw attended Shircliffe College in 1974 where he completed the City and
Guilds Carpentry and Joinery program. Since completing his formal education Mr.
Burkinshaw has been self employed providing carpentry and joinery services. Gary
has not been a member of the board of directors of any corporations during the
last five years. He intends to devote approximately 35% of his business time to
our affairs.

   During the past five years, Mr. Burkinshaw has not been the subject to any of
the following events:

                                       24

     1.   Any bankruptcy petition filed by or against any business of which Mr.
          Burkinshaw was a general partner or executive officer either at the
          time of the bankruptcy or within two years prior to that time.
     2.   Any conviction in a criminal proceeding or being subject to a pending
          criminal proceeding.
     3.   An order, judgment, or decree, not subsequently reversed, suspended or
          vacated, or any court of competent jurisdiction, permanently or
          temporarily enjoining, barring, suspending or otherwise limiting Mr.
          Burkinshaw's involvement in any type of business, securities or
          banking activities.
     4.   Found by a court of competent jurisdiction (in a civil action), the
          Securities and Exchange Commission or the Commodity Future Trading
          Commission to have violated a federal or state securities or
          commodities law, and the judgment has not been reversed, suspended or
          vacated.

TERM OF OFFICE

Our sole officer and director is appointed for a one-year term to hold office
until the next annual general meeting of our shareholders or until removed from
office in accordance with our bylaws.

SIGNIFICANT EMPLOYEES

We have no significant employees other than our sole officer and director.

                             EXECUTIVE COMPENSATION

SUMMARY COMPENSATION TABLE

The table below summarizes all compensation awarded to, earned by, or paid to
our executive officers by any person for all services rendered in all capacities
to us for the fiscal period from our incorporation on September 25, 2008 to
August 31, 2009 (our fiscal year end) and subsequent thereto to the date of this
prospectus.

                           SUMMARY COMPENSATION TABLE



                                                                                        Change in
                                                                                         Pension
                                                                                        Value and
                                                                       Non-Equity      Nonqualified
 Name and                                                              Incentive         Deferred
 Principal                                       Stock      Option        Plan         Compensation    All Other
 Position            Year   Salary($) Bonus($)  Awards($)  Awards($)  Compensation($)   Earnings($)  Compensation($) Total($)
 --------            ----   --------- --------  ---------  ---------  ---------------   -----------  --------------- --------
                                                                                          
Gary Burkinshaw      2009     None      None      None        None         None             None          None         None
President, CEO, CFO,
Secretary, Treasurer,
Chief Accounting
Officer, and
sole director


STOCK OPTION GRANTS

We have not granted any stock options to our executive officer since our
inception.

                                       25

CONSULTING AGREEMENTS

We do not have an employment or consulting agreement with Gary Burkinshaw. We do
not pay him for acting as a director or officer.

         SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

The following table provides the names and addresses of each person known to us
to own more than 5% of our outstanding common stock as of the date of this
prospectus, and by the officers and directors, individually and as a group as at
August 31, 2009 except as otherwise indicated, all shares are owned directly.



Title of                     Name and Address                     Amount of             Percent
 Class                     of Beneficial Owner               Beneficial Ownership       of Class
 -----                     -------------------               --------------------       --------
                                                                              
Common           Gary Burkinshaw                                  3,000,000               55.8%
Stock            President, Chief Executive Officer,
                 Chief Financial, Officer, Secretary,
                 Treasurer, Chief Accounting Officer
                 and sole Director
                 329 Manchester Road
                 Deepcar, Sheffield, England S36 2RB

Common           All Officers and Directors as a                  3,000,000               55.8%
Stock            group that consists of one person                  shares


The percent of class is based on 5,375,000 shares of common stock issued and
outstanding as of the date of this prospectus.

                 CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

Mr. Burkinshaw purchased 3,000,000 shares of Shawcore Development Corp. at a
price of $0.001 per share on January 10, 2009. He currently owns 55.8% of the
company's outstanding common stock. None of the following parties has, since our
date of incorporation, had any material interest, direct or indirect, in any
transaction with us or in any presently proposed transaction that has or will
materially affect us:

     *    Any relative or spouse of any of the foregoing persons who has the
          same house as such person;
     *    Immediate family members of directors, director nominees, executive
          officers and owners of 5% or more of our common stock.

            DISCLOSURE OF COMMISSION POSITION OF INDEMNIFICATION FOR
                           SECURITIES ACT LIABILITIES

Our sole officer and director is indemnified as provided by the Nevada Revised
Statutes and our Bylaws. We have been advised that in the opinion of the
Securities and Exchange Commission indemnification for liabilities arising under
the Securities Act is against public policy as expressed in the Securities Act,
and is, therefore, unenforceable. In the event that a claim for indemnification
against such liabilities is asserted by one of our directors, officers, or
controlling persons in connection with the securities being registered, we will,
unless in the opinion of our legal counsel the matter has been settled by
controlling precedent, submit the question of whether such indemnification is
against public policy to court of appropriate jurisdiction. We will then be
governed by the court's decision.

                                       26

                              FINANCIAL STATEMENTS

INDEX TO FINANCIAL STATEMENTS:

1.   Report of Independent Registered Public Accounting Firm;               F-1

2.   Audited financial statements for the period from inception
     (September 25, 2008) to August 31, 2009

     a.   Balance Sheets;                                                   F-2
     b.   Statements of Operations;                                         F-3
     c.   Statement of Stockholders' Equity and                             F-4
     d.   Statement of Cash Flows                                           F-5
     e.   Notes to Financial Statements                                     F-6



3.   Unaudited Financial statements for the period for the period
     from inception (September 25, 2008) to November 30, 2009

     a.   Balance Sheets;                                                   F-11
     b.   Statements of Operations;                                         F-12
     d.   Statements of Cash Flows                                          F-13
     e.   Notes to Financial Statements                                     F-14


                                       27

             REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM


To The Board of Directors and Stockholders
Shawcore Development Corp.
Deepcar, Sheffield England

We have audited the accompanying  balance sheet of Shawcore Development Corp. (A
Development  Stage Company) as of August 31, 2009, and the related  statement of
operations,  stockholders'  equity, and cash flows from inception (September 25,
2008) through August 31, 2009. These financial statements are the responsibility
of the Company's management.  Our responsibility is to express an opinion on the
financial statements based on our audit.

We  conducted  our audit in  accordance  with  standards  of the Public  Company
Accounting Oversight Board (United States). Those standards require that we plan
and perform the audit to obtain reasonable assurance about whether the financial
statements are free of material misstatement.  An audit includes examining, on a
test basis,  evidence  supporting  the amounts and  disclosures in the financial
statements.  An audit also includes assessing the accounting principles used and
significant  estimates  made by  management,  as well as evaluating  the overall
financial  statement  presentation.   We  believe  that  our  audit  provides  a
reasonable basis for our opinion.

In our opinion,  the financial  statements  referred to above present fairly, in
all material respects,  the financial position of Shawcore  Development Corp. (A
Development  Stage  Company)  as of August 31,  2009,  and the  results of their
operations and cash flows from inception (September 25, 2008) through August 31,
2009 in conformity with accounting  principles  generally accepted in the United
States.

The accompanying  financial  statements have been prepared  assuming the Company
will  continue  as a going  concern.  As  discussed  in Note 2 to the  financial
statements,  the  Company  has  suffered  losses  from  operations,  which raise
substantial doubt about its ability to continue as a going concern. Management's
plans in regard to these  matters are also  described  in Note 2. The  financial
statements do not include any adjustments  that might result from the outcome of
this uncertainty.


/s/ De Joya Griffith & Company, LLC
- --------------------------------------------
De Joya Griffith & Company, LLC
Henderson, NV

January 27, 2010


                                      F-1

SHAWCORE DEVELOPMENT CORP.
(A Development Stage Company)
Balance Sheet
- --------------------------------------------------------------------------------

                                                                     August 31,
                                                                       2009
                                                                     --------
                                                                     (Audited)
ASSETS

CURRENT ASSETS
  Cash                                                               $ 19,737
                                                                     --------

      TOTAL CURRENT ASSETS                                             19,737
                                                                     --------

      TOTAL ASSETS                                                   $ 19,737
                                                                     ========

LIABILITIES AND STOCKHOLDERS' EQUITY

LIABILITIES
  Advance from Director                                              $    299
                                                                     --------
      TOTAL CURRENT LIABILITIES                                           299
                                                                     --------

      TOTAL LIABILITIES                                                   299
                                                                     --------

STOCKHOLDERS' EQUITY
  Common stock, $0.001 par value, 75,000,000 shares authorized;
   5,375,000 shares issued and outstanding                              5,375
  Additional paid-in-capital                                           16,125
  Deficit accumulated during the development stage                     (2,062)
                                                                     --------

      TOTAL STOCKHOLDERS' EQUITY                                       19,438
                                                                     --------

      TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY                     $ 19,737
                                                                     ========


   The accompanying notes are an integral part of these financial statements.

                                      F-2

SHAWCORE DEVELOPMENT CORP.
(A Development Stage Company)
Statement of Operations
- --------------------------------------------------------------------------------

                                                            From Inception
                                                        (September 25, 2008) to
                                                              August 31,
                                                                2009
                                                             ----------
EXPENSES
  General and Administrative Expenses                        $    2,062
                                                             ----------
      Total expenses                                             (2,062)
                                                             ----------

Net loss                                                     $   (2,062)
                                                             ==========

NET LOSS PER COMMON SHARE - BASIC                            $    (0.00)
                                                             ==========

WEIGHTED AVERAGE NUMBER OF COMMON SHARES
OUTSTANDING - BASIC                                           2,813,306
                                                             ==========


   The accompanying notes are an integral part of these financial statements.

                                      F-3

SHAWCORE DEVELOPMENT CORP.
(A Development Stage Company)
Statement of Stockholders' Equity
From Inception (September 25, 2008) to August 31, 2009
- --------------------------------------------------------------------------------



                                                                                            Deficit
                                                                                          Accumulated
                                                 Number of                 Additional       During
                                                  Common                     Paid-in      Development
                                                  Shares       Amount        Capital         Stage         Total
                                                  ------       ------        -------         -----         -----
                                                                                          
Balance at inception on September 25, 2008             --     $    --       $     --       $     --      $     --

February 20, 2009
Common shares issued for cash at $0.001         4,500,000       4,500             --             --         4,500

June 8, 2009
Common shares issued for cash at $0.01            600,000         600          5,400             --         6,000

August 8, 2009
Common shares issued for cash at $0.04            275,000         275         10,725             --        11,000

Net loss                                               --          --             --         (2,062)       (2,062)
                                                ---------     -------       --------       --------      --------

Balance as of August 31, 2009 (audited)         5,375,000     $ 5,375       $ 16,125       $ (2,062)     $ 19,438
                                                =========     =======       ========       ========      ========



   The accompanying notes are an integral part of these financial statements.

                                      F-4

SHAWCORE DEVELOPMENT CORP.
(A Development Stage Company)
Statement of Cash Flows
- --------------------------------------------------------------------------------

                                                            From Inception
                                                        (September 25, 2008) to
                                                              August 31,
                                                                2009
                                                              --------
OPERATING ACTIVITIES
  Net loss                                                    $ (2,062)
                                                              --------

      Net cash used for operating activities                    (2,062)
                                                              --------
FINANCING ACTIVITIES
  Loans from Director                                              299
  Sale of common stock                                          21,500
                                                              --------

      Net cash provided by financing activities                 22,799
                                                              --------

Net increase (decrease) in cash and equivalents                 19,737

Cash and equivalents at beginning of the period                     --
                                                              --------

Cash and equivalents at end of the period                     $ 19,737
                                                              ========

SUPPLEMENTAL CASH FLOW INFORMATION:

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

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

NON-CASH ACTIVITIES                                           $     --
                                                              ========


   The accompanying notes are an integral part of these financial statements.

                                      F-5

SHAWCORE DEVELOPMENT CORP.
(A Development Stage Company)
Notes To The Financial Statements
August 31, 2009
- --------------------------------------------------------------------------------

1. ORGANIZATION AND BUSINESS OPERATIONS

SHAWCORE DEVELOPMENT CORP.("the Company") was incorporated under the laws of the
State of Nevada, U.S. on September 25, 2008. The Company is in the development
stage as defined under Statement on Financial Accounting Standards No. 7,
Development Stage Enterprises ("SFAS No.7") and it intends to design and
construct eco-friendly self assembly housing and storage structures. The Company
intends to build a product that will be well suited to a more environmentally
conscious market looking for affordable quality housing and storage that can be
put together easily and quickly. Initially the target market will be the resort
and cabin markets of Europe, Asia and North America.

The Company has not generated any revenue to date and consequently its
operations are subject to all risks inherent in the establishment of a new
business enterprise. For the period from inception, September 25, 2008 through
August 31, 2009 the Company has accumulated losses of $2,062.

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

a) Basis of Presentation
The financial statements of the Company have been prepared in accordance with
generally accepted accounting principles in the United States of America and are
presented in US dollars.

b) Going Concern
The financial statements have been prepared on a going concern basis which
assumes the Company will be able to realize its assets and discharge its
liabilities in the normal course of business for the foreseeable future. The
Company has incurred losses since inception resulting in an accumulated deficit
of $2,062 as of August 31, 2009 and further losses are anticipated in the
development of its business raising substantial doubt about the Company's
ability to continue as a going concern. The ability to continue as a going
concern is dependent upon the Company generating profitable operations in the
future and/or to obtain the necessary financing to meet its obligations and
repay its liabilities arising from normal business operations when they come
due. Management intends to finance operating costs over the next twelve months
with existing cash on hand and loans from directors and or private placement of
common stock. The financial statements do not include any adjustments relating
to the recoverability and classification of recorded assets, or the amounts of
and classification of liabilities that might be necessary in the event the
Company cannot continue in existence.

c) Cash and Cash Equivalents
The Company  considers  all highly liquid  instruments  with a maturity of three
months or less at the time of issuance to be cash equivalents.

d) Use of Estimates and Assumptions
The preparation of financial statements in conformity with accounting principles
generally accepted in the United States requires management to make estimates
and assumptions that affect the reported amounts of assets and liabilities and
disclosure of contingent assets and liabilities at the date of the financial
statements and the reported amounts of revenues and expenses during the
reporting period. Actual results could differ from those estimates.

e) Foreign Currency Translation
The Company's functional currency and reporting currency is the United States
dollar.

                                      F-6

SHAWCORE DEVELOPMENT CORP.
(A Development Stage Company)
Notes To The Financial Statements
August 31, 2009
- --------------------------------------------------------------------------------

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

f) Financial Instruments
The carrying value of the Company's financial instruments approximates their
fair value because of the short maturity of these instruments.

g) Stock-based Compensation
Stock-based compensation is accounted for at fair value in accordance with SFAS
No. 123 (R). To date, the Company has not adopted a stock option plan and has
not granted any stock options.

h) Income Taxes
Income taxes are accounted for under the assets and liability method. Deferred
tax assets and liabilities are recognized for the estimated future tax
consequences attributable to differences between the financial statement
carrying amounts of existing assets and liabilities and their respective tax
bases and operating loss and tax credit carry forwards. Deferred tax assets and
liabilities are measured using enacted tax rates in effect for the year in which
those temporary differences are expected to be recovered or settled.

i) Basic and Diluted Net Loss per Share
The Company computes net loss per share in accordance with SFAS No.
128,"Earnings per Share". SFAS No. 128 requires presentation of both basic and
diluted earnings per share (EPS) on the face of the income statement. Basic EPS
is computed by dividing net loss available to common shareholders (numerator) by
the weighted average number of shares outstanding (denominator) during the
period. Diluted EPS gives effect to all potentially dilutive common shares
outstanding during the period. Diluted EPS excludes all potentially dilutive
shares if their effect is anti-dilutive.

j) Fiscal Periods
The Company's fiscal year end is August 31.

k) Recent Accounting Pronouncements
In June 2009, the FASB issued Statement of Financial Accounting Standards No.
168, "The FASB Accounting Standards Codification and the Hierarchy of Generally
Accepted Accounting Principles," ("SFAS 168"). SFAS 168 replaces FASB Statement
No. 162, "The Hierarchy of Generally Accepted Accounting Principles", and
establishes the FASB Accounting Standards Codification ("Codification") as the
source of authoritative accounting principles recognized by the FASB to be
applied by nongovernmental entities in the preparation of financial statements
in conformity with generally accepted accounting principles ("GAAP"). SFAS 168
is effective for interim and annual periods ending after September 15, 2009. The
Company will begin to use the new Codification when referring to GAAP in its
annual report on Form 10-K for the fiscal year ending August 31, 2010. This will
not have an impact on the results of the Company.

In June 2009, the FASB issued Statement of Financial Accounting Standards No.
167, "Amendments to FASB Interpretation No. 46(R)," ("SFAS 167"). The amendments
include: (1) the elimination of the exemption for qualifying special purpose
entities, (2) a new approach for determining who should consolidate a
variable-interest entity, and (3) changes to when it is necessary to reassess
who should consolidate a variable-interest entity. SFAS 167 is effective for the
first annual reporting period beginning after November 15, 2009 and for interim
periods within that first annual reporting period. The Company will adopt SFAS
167 in fiscal 2010. The Company does not expect that the adoption of SFAS 167
will have a material impact on the financial statements.

In June 2009, the FASB issued Statement of Financial Accounting Standards No.
166, "Accounting for Transfers of Financial Assets, an amendment to SFAS No.
140," ("SFAS 166"). SFAS 166 eliminates the concept of a "qualifying

                                      F-7

SHAWCORE DEVELOPMENT CORP.
(A Development Stage Company)
Notes To The Financial Statements
August 31, 2009
- --------------------------------------------------------------------------------

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

special-purpose entity", changes the requirements for derecognizing financial
assets, and requires additional disclosures in order to enhance information
reported to users of financial statements by providing greater transparency
about transfers of financial assets, including securitization transactions, and
an entity's continuing involvement in and exposure to the risks related to
transferred financial assets. SFAS 166 is effective for fiscal years beginning
after November 15, 2009. The Company will adopt SFAS 166 in fiscal 2010. The
Company does not expect that the adoption of SFAS 166 will have a material
impact on the financial statements.

In June 2009, the FASB issued Statement of Financial Accounting Standards No.
165, "Subsequent Events," ("SFAS No. 165"). SFAS 165 establishes general
standards of accounting for and disclosure of events that occur after the
balance sheet date but before financial statements are issued or are available
to be issued. SFAS 165 applies to both interim financial statements and annual
financial statements. SFAS 165 is effective for interim or annual financial
periods ending after June 15, 2009. SFAS 165 does not have a material impact on
our financial statements.

In May 2008, the Financial Accounting Standards Board ("FASB") issued SFAS No.
163, "Accounting for Financial Guarantee Insurance Contracts-and interpretation
of FASB Statement No. 60". SFAS No. 163 clarifies how Statement 60 applies to
financial guarantee insurance contracts, including the recognition and
measurement of premium revenue and claims liabilities. This statement also
requires expanded disclosures about financial guarantee insurance contracts.
SFAS No. 163 is effective for fiscal years beginning on or after December 15,
2008, and interim periods within those years. SFAS No. 163 has no effect on the
Company's financial position, statements of operations, or cash flows at this
time.

In May 2008, the Financial Accounting Standards Board ("FASB") issued SFAS No.
162, "The Hierarchy of Generally Accepted Accounting Principles". SFAS No. 162
sets forth the level of authority to a given accounting pronouncement or
document by category. Where there might be conflicting guidance between two
categories, the more authoritative category will prevail. SFAS No. 162 will
become effective 60 days after the SEC approves the PCAOB's amendments to AU
Section 411 of the AICPA Professional Standards. SFAS No. 162 has no effect on
the Company's financial position, statements of operations, or cash flows at
this time.

In March 2008, the Financial Accounting Standards Board, or FASB, issued SFAS
No. 161, Disclosures about Derivative Instruments and Hedging Activities--an
amendment of FASB Statement No. 133. This standard requires companies to provide
enhanced disclosures about (a) how and why an entity uses derivative
instruments, (b) how derivative instruments and related hedged items are
accounted for under Statement 133 and its related interpretations, and (c) how
derivative instruments and related hedged items affect an entity's financial
position, financial performance, and cash flows. This Statement is effective for
financial statements issued for fiscal years and interim periods beginning after
November 15, 2008, with early application encouraged. The Company has not yet
adopted the provisions of SFAS No. 161, but does not expect it to have a
material impact on its consolidated financial position, results of operations or
cash flows.

3. COMMON STOCK

The authorized capital of the Company is 75,000,000 common shares with a par
value of $ 0.001 per share.

In January and February 2009, the Company issued 4,500,000 shares of common
stock at a price of $0.001 per share for total cash proceeds of $4,500.

In February, April, May and June 2009, the Company issued 600,000 shares of
common stock at a price of $0.01 per share for total cash proceeds of $6,000.

                                      F-8

SHAWCORE DEVELOPMENT CORP.
(A Development Stage Company)
Notes To The Financial Statements
August 31, 2009
- --------------------------------------------------------------------------------

3. COMMON STOCK (CONTINUED)

In June, July and August 2009, the Company issued 275,000 shares of common stock
at a price of $0.04 per share for total cash proceeds of $11,000.

During the period September 25, 2008 (inception) to August 31, 2009, the Company
sold a total of 5,375,000 shares of common stock for total cash proceeds of
$21,500.

4. INCOME TAXES

As of August 31, 2009, the Company had net operating loss carry forwards of
approximately $2,062 that may be available to reduce future years' taxable
income through 2029. Future tax benefits which may arise as a result of these
losses have not been recognized in these financial statements, as their
realization is determined not likely to occur and accordingly, the Company has
recorded a valuation allowance for the deferred tax asset relating to these tax
loss carry-forwards.

                                                   2009
                                                 --------
     Current:
       Federal                                   $     --
       State                                           --
                                                 --------
     Deferred:                                   $     --
                                                 ========

Components of net deferred tax assets, including a valuation allowance, are as
follows at August 31:

                                                   2009
                                                 --------
     Deferred tax assets:
       Net operating loss carry forward          $  2,062
                                                 --------
           Total deferred tax assets                  722

           Less: valuation allowance                 (722)
                                                 --------

           Net deferred tax assets               $     --
                                                 ========

The valuation allowance for deferred tax assets as of August 31, 2009 was $722.
In assessing the recovery of the deferred tax assets, management considers
whether it is more likely than not that some portion or all of the deferred tax
assets will not be realized. The ultimate realization of deferred tax assets is
dependent upon the generation of future taxable income in the periods in which
those temporary differences become deductible. Management considers the
scheduled reversals of future deferred tax assets, projected future taxable
income, and tax planning strategies in making this assessment. As a result,
management determined it was more likely than not the deferred tax assets would
not be realized as of August 31, 2009, and recorded a full valuation allowance.

                                      F-9

SHAWCORE DEVELOPMENT CORP.
(A Development Stage Company)
Notes To The Financial Statements
August 31, 2009
- --------------------------------------------------------------------------------

4. INCOME TAXES (CONTINUED)

Reconciliation between the statutory rate and the effective tax rate is as
follows at August 31:

                                               2009
                                             --------

     Federal statutory tax rate                 (35.0)%

     Permanent difference and other              35.0%
                                             --------

     Effective tax rate                            --
                                             ========

5. RELATED PARTY TRANSACTONS

On September 25, 2008, the sole Director and President, Gary Burkinshaw,
advanced the Company $299. The advance is non-interest bearing, due upon demand
and unsecured.

                                      F-10

SHAWCORE DEVELOPMENT CORP
(A Development Stage Company)
Balance Sheets
- --------------------------------------------------------------------------------




                                                                       November 30,        August 30,
                                                                          2009               2009
                                                                        --------           --------
                                                                       (Unaudited)         (Audited)
                                                                                     
ASSETS

CURRENT ASSETS
  Cash                                                                  $  5,282           $ 19,737
                                                                        --------           --------
      Total current assets                                                 5,282             19,737
                                                                        --------           --------

TOTAL ASSETS                                                            $  5,282           $ 19,737
                                                                        ========           ========

LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES
  Advance from Director                                                 $    299           $    299
                                                                        --------           --------
      Total current liabilities                                              299                299
                                                                        --------           --------

TOTAL LIABILITIES                                                            299                299
                                                                        --------           --------

STOCKHOLDERS' EQUITY (DEFICIT)
  Common stock, $0.001par value, 75,000,000 shares authorized;
   5,375,000 shares issued and outstanding                                 5,375              5,375
  Additional paid-in-capital                                              16,125             16,125
  Deficit accumulated during the development stage                       (16,517)            (2,062)
                                                                        --------           --------

TOTAL STOCKHOLDERS' EQUITY                                                 4,983             19,438
                                                                        --------           --------

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY                              $  5,282           $ 19,737
                                                                        ========           ========



   The accompanying notes are an integral part of these financial statements.

                                      F-11

SHAWCORE DEVELOPMENT CORP
(A Development Stage Company)
Statements of Operations
(Unaudited)
- --------------------------------------------------------------------------------



                                                           Three Months            Inception
                                                              Ended           (September 25,2008) to
                                                           November 30,            November 30,
                                                              2009                    2009
                                                           ----------              ----------
                                                                             
EXPENSES
  General and Administrative Expenses                      $   14,455              $   16,517

Net loss from Operation before Taxes                          (14,455)                (16,517)

Provision for Income Taxes                                          0                       0
                                                           ----------              ----------

Net loss                                                   $  (14,455)             $  (16,517)
                                                           ==========              ==========

LOSS PER COMMON SHARE - BASIC AND DILUTED                  $    (0.00)
                                                           ==========

WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING        5,375,000               3,271,114
                                                           ==========              ==========



   The accompanying notes are an integral part of these financial statements.

                                      F-12

SHAWCORE DEVELOPMENT CORP
(A Development Stage Company)
Statements of Cash Flows
(Unaudited)
- --------------------------------------------------------------------------------



                                                        Three Months         From Inception on
                                                           Ended           (September 25,2008) to
                                                        November 30,            November 30,
                                                           2009                    2009
                                                         --------                --------
                                                                           
OPERATING ACTIVITIES
  Net loss                                               $(14,455)               $(16,517)
                                                         --------                --------

      Net cash used for operating activities              (14,455)                (16,517)
                                                         --------                --------
FINANCING ACTIVITIES
  Loans from Director                                          --                     299
  Sale of common stock                                         --                  21,500
                                                         --------                --------

      Net cash provided by financing activities                --                  21,799
                                                         --------                --------

Net increase (decrease) in cash and equivalents           (14,455)                  5,282

Cash and equivalents at beginning of the period            19,737                      --
                                                         --------                --------

Cash and equivalents at end of the period                $  5,282                $  5,282
                                                         ========                ========

SUPPLEMENTAL CASH FLOW INFORMATION:

Cash paid for:
  Interest                                               $     --                $     --
                                                         ========                ========
  Taxes                                                  $     --                $     --
                                                         ========                ========
NON-CASH ACTIVITIES                                      $     --                $     --
                                                         ========                ========



   The accompanying notes are an integral part of these financial statements.

                                      F-13

SHAWCORP DEVELOPMENT CORP.
(A Development Stage Company)
Notes To The Financial Statements
November 30, 2009

1. ORGANIZATION AND BUSINESS OPERATIONS

SHAWCORP DEVELOPMENT CORP.("the Company") was incorporated under the laws of the
State of Nevada, U.S. on September 25, 2008. The Company is in the development
stage as defined under Financial Accounting Standards Board Accounting Standards
Codification (FASB ASC 915-205) "Development-Stage Entities" and it intends to
design and construct eco-friendly self assembly housing and storage structures.
The Company intends to build a product that will be well suited to a more
environmentally conscious market looking for affordable quality housing and
storage that can be put together easily and quickly. Initially the target market
will be the resort and cabin markets of Europe, Asia and North America.

The Company has not generated any revenue to date and consequently its
operations are subject to all risks inherent in the establishment of a new
business enterprise. For the period from inception (September 25, 2008) through
November 30, 2009, the Company has accumulated losses of $16,517

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

a) Basis of Presentation
The financial statements of the Company have been prepared in accordance with
generally accepted accounting principles in the United States of America and are
presented in US dollars. The accompanying financial statements of Shawcore
Development Inc. (the "Company") should be read in conjunction with the
Company's most recent filing of the Form S-1 which included the financial
statements as of August 31, 2009. Significant accounting policies disclosed
therein have not changed except as noted below.

In the opinion of management, all adjustments necessary to present fairly the
financial position as of November 30, 2009 and the results of operations,
stockholders' equity and cash flows presented herein have been included in the
financial statements

b) Going Concern
The financial statements have been prepared on a going concern basis which
assumes the Company will be able to realize its assets and discharge its
liabilities in the normal course of business for the foreseeable future. The
Company has incurred losses since inception resulting in an accumulated deficit
of $16,517 as of November 30, 2009 and further losses are anticipated in the
development of its business raising substantial doubt about the Company's
ability to continue as a going concern. The ability to continue as a going
concern is dependent upon the Company generating profitable operations in the
future and/or to obtain the necessary financing to meet its obligations and
repay its liabilities arising from normal business operations when they come
due. Management intends to finance operating costs over the next twelve months
with existing cash on hand and loans from directors and or private placement of
common stock. These financial statements do not include any adjustments relating
to the recoverability and classification of recorded asset amounts, or amounts
and classification of liabilities that might result from this uncertainty.

c) Cash and Cash Equivalents
The Company considers all highly liquid instruments with a maturity of three
months or less at the time of issuance to be cash equivalents.

d) Use of Estimates and Assumptions
The preparation of financial statements in conformity with accounting principles
generally accepted in the United States requires management to make estimates
and assumptions that affect the reported amounts of assets and liabilities and

                                      F-14

SHAWCORP DEVELOPMENT CORP.
(A Development Stage Company)
Notes To The Financial Statements
November 30, 2009

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

disclosure of contingent assets and liabilities at the date of the financial
statements and the reported amounts of revenues and expenses during the
reporting period. Actual results could differ from those estimates.

e) Foreign Currency Translation
The Company's functional currency and its reporting currency is the United
States dollar.

f) Financial Instruments
The carrying value of the Company's financial instruments approximates their
fair value because of the short maturity of these instruments.

g) Stock-based Compensation
Stock-based compensation is accounted for at fair value in accordance with
Financial Accounting Standards Board Accounting Standards Codification 718 (FASB
ASC 718). To date, the Company has not adopted a stock option plan and has not
granted any stock options.

h) Income Taxes
Income taxes are accounted for under the assets and liability method. Deferred
tax assets and liabilities are recognized for the estimated future tax
consequences attributable to differences between the financial statement
carrying amounts of existing assets and liabilities and their respective tax
bases and operating loss and tax credit carry forwards. Deferred tax assets and
liabilities are measured using enacted tax rates in effect for the year in which
those temporary differences are expected to be recovered or settled.

i) Basic and Diluted Net Loss per Share
The Company computes net loss per share in accordance with FASB ASC 205
"Earnings per Share". FASB ASC 205 requires presentation of both basic and
diluted earnings per share (EPS) on the face of the income statement. Basic EPS
is computed by dividing net loss available to common shareholders (numerator) by
the weighted average number of shares outstanding (denominator) during the
period. Diluted EPS gives effect to all potentially dilutive common shares
outstanding during the period. Diluted EPS excludes all potentially dilutive
shares if their effect is anti-dilutive.

j) Fiscal Periods
The Company's fiscal year end is August 31.

k) Recent Accounting Pronouncements
Accounting Standards Update ("ASU") ASU No 2010-03 (ASC Topic 932), which aligns
the oil and gas reserve estimation and disclosure requirements of Extractive
Activities- Oil and Gas with the requirements of the SEC final rule,
Modernization of the Oil and Gas Reporting Requirements, issued December 31,
2008. ASU No 2010-2 Consolidation- Overall (Subtopic 810-10) amends ASU 810-10
to clarify the scope and guidance of the decrease in ownership provisions of
subtopic 810. ASU No. 2009-05 (ASC Topic 820), which amends Fair Value
Measurements and Disclosures - Overall, ASU No. 2009-12 (ASC Topic 820),
Investments in Certain Entities that Calculate Net Assets Value per Share (or
its Equivalent), ASU No. 2009-13 (ASC Topic 605), Multiple Deliverable Revenue
Arrangements, ASU No. 2009-14 (ASC Topic 985), Certain Revenue Arrangements that
include Software Elements, and various other ASU's No. 2010-5, ASU No. 2010-4,
ASU No. 2010-2 and 2009-2 through ASU No. 2009-15 which contain technical
corrections to existing guidance or affect guidance to specialized industries or

                                      F-15

SHAWCORP DEVELOPMENT CORP.
(A Development Stage Company)
Notes To The Financial Statements
November 30, 2009

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

entities were recently issued. These updates have no current applicability to
the Company or their effect on the financial statements would not have been
significant.

3. COMMON STOCK

The authorized capital of the Company is 75,000,000 common shares with a par
value of $ 0.001 per share.
In February 2009, the Company issued 4,500,000 shares of common stock at a price
of $0.001 per share for total cash proceeds of $4,500.

In February, April, May and June 2009, the Company issued 600,000 shares of
common stock at a price of $0.01 per share for total cash proceeds of $6,000.

In June, July and August 2009, the Company issued 275,000 shares of common stock
at a price of $0.04 per share for total cash proceeds of $11,000.

During the period from inception (September 25, 2008) to August 31, 2009, the
Company sold a total of 5,375,000 shares of common stock for total cash proceeds
of $21,500.

4. INCOME TAXES

As of August 31, 2009, the Company had net operating loss carry forwards of
approximately $16,500 that may be available to reduce future years' taxable
income through 2029. Future tax benefits which may arise as a result of these
losses have not been recognized in these financial statements, as their
realization is determined not likely to occur and accordingly, the Company has
recorded a valuation allowance for the deferred tax asset relating to these tax
loss carry-forwards.

5. RELATED PARTY TRANSACTONS

On September 25, 2008, the sole Director and President Gary Burkinshaw had
advanced the Company $299. The advance is non-interest bearing, due upon demand
and unsecured.

6. SUBSEQUENT EVENTS

The Company has evaluated subsequent events through January 21, 2010, the date
which the financial statements were available to be issued. The Company has
determined that there were no such events that warrant disclosure or recognition
in the financial statements.

                                      F-16

                       WHERE YOU CAN FIND MORE INFORMATION

We have filed a registration statement on Form S-1 under the Securities Act with
the SEC with respect to the shares of our common stock offered through this
prospectus. This prospectus is filed as a part of that registration statement
but does not contain all of the information contained in the registration
statement and exhibits. Statements made in the registration statement are
summaries of the material terms of the referenced contracts, agreements or
documents of our company. You may inspect the registration statement, exhibits
and schedules filed with the SEC at the SEC's principal office in Washington,
D.C. Copies of all or any part of the registration statement may be obtained
from the Public Reference Section of the SEC, at 100 F Street, NE, Washington,
D.C. 20549. Please call the SEC at 1-800-SEC-0330 for further information on the
operation of the public reference rooms. The SEC also maintains a web site at
http://www.sec.gov that contains reports, proxy statements and information
regarding registrants that file electronically with the SEC. Our registration
statement and the referenced exhibits can also be found on this site.

Upon the effectiveness of the registration statement that we filed on Form S-1,
Section 15(d) of the Securities Exchange Act requires us to file reports
required pursuant to Section 13 of the Securities Exchange Act. These reports
include current, quarterly and annual reports on the appropriate SEC forms. If
we are not required to provide an annual report to our security holders, we
intend to still voluntarily do so when otherwise due, and will attach audited
financial statements with such report.


                                     PART II

                   INFORMATION NOT REQUIRED IN THE PROSPECTUS

OTHER EXPENSES OF ISSUANCE AND DISTRIBUTION

The estimated costs of this offering are as follows:

Securities and Exchange Commission registration fee               $     9.28
Transfer Agent Fees                                               $ 6,000.00
Accounting fees and expenses                                      $ 3,500.00
Legal fees and expenses                                           $ 3,500.00
Edgar filing fees                                                 $   500.00
                                                                  ----------

Total                                                             $14,509.28
                                                                  ==========

All amounts are estimates other than the Commission's registration fee.

Under the NRS, director immunity from liability to a company or its shareholders
for monetary liabilities applies automatically unless it is specifically limited
by a company's articles of incorporation; that is not the case with our articles
of incorporation. Excepted from that immunity are:

     (1)  a willful failure to deal fairly with the company or its shareholders
          in connection with a matter in which the director has a material
          conflict of interest;

     (2)  a violation of criminal law (unless the director had reasonable cause
          to believe that his or her conduct was lawful or no reasonable cause
          to believe that his or her conduct was unlawful);

     (3)  a transaction from which the director derived an improper personal
          profit; and

     (4)  willful misconduct.

Our bylaws provide that we will indemnify our directors and officers to the
fullest extent not prohibited by Nevada law; provided, however, that we may
modify the extent of such indemnification by individual contracts with our
directors and officers; and, provided, further, that we shall not be required to
indemnify any director or officer in connection with any proceeding (or part
thereof) initiated by such person unless:

     (1)  such indemnification is expressly required to be made by law;

     (2)  the proceeding was authorized by our Board of Directors;

     (3)  such indemnification is provided by us, in our sole discretion,
          pursuant to the powers vested us under Nevada law; or

     (4)  such indemnification is required to be made pursuant to the bylaws.

                                      II-1

Our bylaws provide that we will advance all expenses incurred to any person who
was or is a party or is threatened to be made a party to any threatened, pending
or completed action, suit or proceeding, whether civil, criminal, administrative
or investigative, by reason of the fact that he is or was our director or
officer, or is or was serving at our request as a director or executive officer
of another company, partnership, joint venture, trust or other enterprise, prior
to the final disposition of the proceeding, promptly following request. This
advance of expenses is to be made upon receipt of an undertaking by or on behalf
of such person to repay said amounts should it be ultimately determined that the
person was not entitled to be indemnified under our bylaws or otherwise.

Our bylaws also provide that no advance shall be made by us to any officer in
any action, suit or proceeding, whether civil, criminal, administrative or
investigative, if a determination is reasonably and promptly made: (a) by the
board of directors by a majority vote of a quorum consisting of directors who
were not parties to the proceeding; or (b) if such quorum is not obtainable, or,
even if obtainable, a quorum of disinterested directors so directs, by
independent legal counsel in a written opinion, that the facts known to the
decision- making party at the time such determination is made demonstrate
clearly and convincingly that such person acted in bad faith or in a manner that
such person did not believe to be in or not opposed to our best interests.

RECENT SALES OF UNREGISTERED SECURITIES

We issued 3,000,000 shares of our common stock to Gary Burkinshaw on January 16,
2009. Mr. Burkinshaw is our President, Chief Executive Officer, Treasurer,
Secretary and our sole director. He acquired these 3,000,000 shares at a price
of $0.001 per share for total proceeds to us of $3,000.00. These shares were
issued pursuant to Section 4(2) of the Securities Act of 1933 (the "Securities
Act").

In connection with this issuance, Mr. Burkinshaw was provided with access to all
material aspects of the company, including the business, management, offering
details, risk factors and financial statements.

He also represented to us that he was acquiring the shares as principal for his
own account with investment intent. He also represented that he was
sophisticated, having prior investment experience and having adequate and
reasonable opportunity and access to any corporate information necessary to make
an informed decision. This issuance of securities was not accompanied by general
advertisement or general solicitation. The shares were issued with a Rule 144
restrictive legend.

We completed an offering of 1,500,000 shares of our common stock at a price of
$0.001 per share to the following 6 purchasers on February 20, 2009:

Name of Subscriber                                              Number of Shares
- ------------------                                              ----------------
Dale Burkinshaw                                                     250,000
Ross Burkinshaw                                                     250,000
Carla Burkinshaw                                                    250,000
Brian Burkinshaw                                                    250,000
Karen Burkinshaw                                                    250,000
Philomena Bentham                                                   250,000

The total amount received from this offering was $1,500. We completed this
offering pursuant to Regulation S of the Securities Act.

We completed an offering of 600,000 shares of our common stock at a price of
$0.01 per share to the following 12 purchasers on June 8, 2009:

                                      II-2

Name of Subscriber                                              Number of Shares
- ------------------                                              ----------------
Kerry Bentham                                                        50,000
David Bentham                                                        50,000
Michael Bentham                                                      50,000
Cassandra Turner                                                     50,000
Bethany Travis                                                       50,000
Antonia Jade Crossland                                               50,000
Jake Grimstone                                                       50,000
Simon Levitt                                                         50,000
Rachel Kershaw                                                       50,000
Andrew Cawley                                                        50,000
Natalie Cheethem                                                     50,000
Emry Briggs                                                          50,000

The total amount received from this offering was $6,000. We completed this
offering pursuant to Regulation S of the Securities Act.

We completed an offering of 275,000 shares of our common stock at a price of
$0.04 per share to the following six purchasers on August 8, 2009:

Name of Subscriber                                              Number of Shares
- ------------------                                              ----------------
Matthew Hall                                                         25,000
Todd Cheshire                                                        25,000
Daniel Ellis                                                         25,000
Michael Wright                                                       25,000
Robert Boxter                                                        25,000
Jason Albinson                                                       25,000
Robert Shaw                                                          25,000
Paul Clarke                                                          25,000
Melanie Jane Palmer                                                  25,000
Kimberley Jenkins                                                    25,000
Mark Haslam                                                          25,000

The total amount received from this offering was $11,000. We completed this
offering pursuant to Regulation S of the Securities Act

REGULATION S COMPLIANCE

Each offer or sale was made in an offshore transaction;

We did not make any directed selling efforts in the United States. We also did
not engage any distributors, any respective affiliates, nor any other person on
our behalf to make directed selling efforts in the United States;

Offering restrictions were, and are, implemented;

No offer or sale was made to a U.S. person or for the account or benefit of a
U.S. person;

Each purchaser of the securities certifies that it was not a U.S. person and was
not acquiring the securities for the account or benefit of any U.S. person;

                                      II-3

Each purchaser of the securities agreed to resell such securities only in
accordance with the provisions of Regulation S, pursuant to registration under
the Securities Act of 1933, or pursuant to an available exemption from
registration; and agreed not to engage in hedging transactions with regard to
such securities unless in compliance with the Securities Act of 1933;

The securities contain a legend to the effect that transfer is prohibited except
in accordance with the provisions of Regulation S, pursuant to registration
under the Securities Act of 1933, or pursuant to an available exemption from
registration; and that hedging transactions involving those securities may not
be conducted unless in compliance with the Securities Act of 1933; and

We are required, either by contract or a provision in its bylaws, articles,
charter or comparable document, to refuse to register any transfer of the
securities not made in accordance with the provisions of Regulation S pursuant
to registration under the Securities Act of 1933, or pursuant to an available
exemption from registration.

Exhibits


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

    3.1                Articles of Incorporation *
    3.2                By-Laws *
    5.1                Legal opinion of Diane Dalmy, with consent to use
   10.1                Supply Agreement UAB Stilmeda *
   23.1                Consent of DeJoya Griffith & Company, LLC. *


- ----------
* Previously filed

THE UNDERSIGNED REGISTRANT HEREBY UNDERTAKES:

1.   To file, during any period in which offers or sales are being made, a
     post-effective amendment to this registration statement:

     (a)  To include any prospectus required by Section 10(a)(3) of the
          Securities Act of 1933;

     (b)  To reflect in the prospectus any facts or events arising after the
          effective date of this registration statement, or most recent
          post-effective amendment, which, individually or in the aggregate,
          represent a fundamental change in the information set forth in this
          registration statement; Notwithstanding the forgoing, any increase or
          decrease in Volume of securities offered (if the total dollar value of
          securities offered would not exceed that which was registered) and any
          deviation from the or high end of the estimated maximum offering range
          may be reflected in the form of prospectus filed with the commission
          pursuant to Rule 424(b) if, in the aggregate, the changes in the
          volume and price represent no more than 20% change in the maximum
          aggregate offering price set forth in the "Calculation of Registration
          Fee" table in the effective registration statement.

     (c)  To include any material information with respect to the plan of
          distribution not previously disclosed in this registration statement
          or any material change to such information in the registration
          statement.


2.   That, for the purpose of determining any liability under the Securities
     Act, each such post-effective amendment shall be deemed to be a new
     registration statement relating to the securities offered therein, and the
     offering of such securities at that time shall be deemed to be the initial
     bona fide offering thereof.


3.   To remove from registration by means of a post-effective amendment any of
     the securities being registered hereby which remain unsold at the
     termination of the offering.

                                      II-4

4.   Insofar as indemnification for liabilities arising under the Securities Act
     may be permitted to officers, directors, and controlling persons pursuant
     to the provisions above, or otherwise, we have been advised that in the
     opinion of the Securities and Exchange Commission such indemnification is
     against public policy as expressed in the Securities Act, and is,
     therefore, unenforceable. In the event that a claim for indemnification
     against such liabilities is asserted our director, officer, or other
     controlling person in connection with the securities registered, we will,
     unless in the opinion of our legal counsel the matter has been settled by
     controlling precedent, submit the question of whether such indemnification
     is against public policy to a court of appropriate jurisdiction. We will
     then be governed by the final adjudication of such issue.

5.   Each prospectus filed pursuant to Rule 424(b) as part of a Registration
     statement relating to an offering, other than registration statements
     relying on Rule 430(B) or other than prospectuses filed in reliance on Rule
     430A, shall be deemed to be part of and included in the registration
     statement as of the date it is first used after effectiveness. Provided
     however, that no statement made in a registration statement or prospectus
     that is part of the registration statement or made in a document
     incorporated or deemed incorporated by referenced into the registration
     statement or prospectus that is part of the registration statement will, as
     to a purchaser with a time of contract of sale prior to such first use,
     supersede or modify any statement that was made in the registration
     statement or prospectus that was part of the registration statement or made
     in any such document immediately prior to such date of first use.

Insofar as indemnification for liabilities arising under the Securities Act may
be permitted to our directors, officers and controlling persons pursuant to the
provisions above, or otherwise, we have been advised that in the opinion of the
Securities and Exchange Commission such indemnification is against public policy
as expressed in the Securities Act, and is, therefore, unenforceable.

In the event that a claim for indemnification against such liabilities, other
than the payment by us of expenses incurred or paid by one of our directors,
officers, or controlling persons in the successful defense of any action, suit
or proceeding, is asserted by one of our directors, officers, or controlling
persons in connection with the securities being registered, we will, unless in
the opinion of its counsel the matter has been settled by controlling precedent,
submit to a court of appropriate jurisdiction the question whether such
indemnification is against public policy as expressed in the Securities Act, and
we will be governed by the final adjudication of such issue.

                                      II-5

                                   SIGNATURES


Pursuant to the requirements of the Securities Act of 1933, the registrant has
duly caused this registration statement to be signed on its behalf by the
undersigned, thereunto duly authorized in the Carson City, State of Nevada, on
March 4, 2010.


                                  SHAWCORE DEVELOPMENT CORP.


                                  By: /s/ Gary Burkinshaw
                                     -------------------------------------------
                                     Gary Burkinshaw
                                     President, Chief Executive Officer,
                                     Secretary, Treasurer, Chief
                                     Accounting Officer, Chief Financial Officer
                                     and sole Director

Pursuant to the requirements of the Securities Act of 1933, this registration
statement has been signed by the following persons in the capacities and on the
dates stated.

Signature                        Capacity in Which Signed             Date
- ---------                        ------------------------             ----



/s/ Gary Burkinshaw           President, Chief Executive           March 4, 2010
- --------------------------    Officer, Secretary, Treasurer,
Gary Burkinshaw               Chief Accounting Officer,
                              Chief Financial Officer
                              and sole Director


                                      II-6