Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  NEWMAN CHARLES J
2. Date of Event Requiring Statement (Month/Day/Year)
06/16/2008
3. Issuer Name and Ticker or Trading Symbol
REGAL ONE CORP [RONE]
(Last)
(First)
(Middle)
P.O. BOX 25610
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
CEO/CFO/Chairman
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

SCOTTSDALE, AZ 85255
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 478,711
D
 
Common Stock 167,272
I
Held by Doubletree Ranch Limited Partnership (1)
Common Stock 156,751
I
Held by Mid America Venture Capital Fund Inc. (2)
Common Stock 200,000
I
Held by Mid America Capital Corporation (3)
Common Stock 6,400
I
Held by North Central Capital Corporation (3)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
NEWMAN CHARLES J
P.O. BOX 25610
SCOTTSDALE, AZ 85255
  X     CEO/CFO/Chairman  

Signatures

Charles J. Newman 06/16/2008
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Reporting Person is both a General and Limited Partner in this entity
(2) This entity is owned by Doubletree Ranch Limited Partnership (see Footnote 1)
(3) Reporting Person has a 50% ownership interest in this entity.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.

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