Regal Life Concepts Inc. reported earnings results for the first quarter ended May 31, 2009. For the period, the company reported a net loss of $25,171. In contrast, the company posted a net loss of $33,158 for the same quarter in the previous year.

Regal Life Concepts, Inc. filed its 10-K on May 28, 2009 for the period ending February 28, 2009. In this report its auditor, Dale Matheson Carr-Hilton, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Regal Life Concepts Inc. has entered into a Letter of Intent to form a joint venture with Amati Corporation with the aim to transform Guangzhou AWA Wine Co. Ltd, a portfolio investment company of Regal Life, into a imported wine distributor in the People's Republic of China. To establish a dominant position in the fast growing imported wine market in China, Regal Life has recently signed an equity investment agreement with Guangzhou AWA Wine Co. Ltd. to acquire an initial equity stake in Guangzhou AWA Wine Co. Ltd. Under the terms of the Letter of Intent, Amati will offer the following services to AWA Wine: Identify and source premium wine brands and related accessories for distribution in China from vineyards, winery estates, distributors and manufacturers (for accessories) in Europe, North and South America, Oceana and other countries. Provide ongoing professional advice and relationship management of sources. Engage in all trade and promotional activities for the purpose of actualizing Awa's business plan.