UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                   FORM 10-QSB

(Mark One)
       [X]   QUARTERLY REPORT UNDER SECTION 13 OR 15(D) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

                  For the quarterly period ended: June 30, 2006
                  --------------------------------------------

       [  ]   TRANSITION REPORT UNDER SECTION 13 OR 15(D) OF THE
                                  EXCHANGE ACT

  For the transition period from                         to
                                 -----------------------    --------------------

                        Commission file number 000-28647
            ---------------------------------------------------------

                          Contemporary Solutions, Inc.
--------------------------------------------------------------------------------
                     (Exact name of small business issuer as
                            specified in its charter)

                     Wyoming                              86-0970153
--------------------------------------------------------------------------------
             (State or other jurisdiction                (IRS Employer
         of incorporation or organization)             Identification No.)

                  1133 North 450 West, Springville, Utah 84663
       ------------------------------------------------------------------
                    (Address of principal executive offices)

                                 (801) 787-8514
                            Issuer's telephone number


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


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

         Check whether the registrant  filed all documents and reports  required
to be  filed  by  Section  12,  13 or  15(d)  of  the  Exchange  Act  after  the
distribution of securities under a plan confirmed by a court. Yes ----- No -----

         Indicate by check mark whether the  registrant  is a shell  company (as
defined by Rule 12b-2 of the Exchange Act). Yes X No



<PAGE>



                      APPLICABLE ONLY TO CORPORATE ISSUERS

         State the number of shares  outstanding of each of the issuer's classes
of common equity,  as of the latest  practical  date:  July 24, 2006  15,260,000


         Transitional Small Business Disclosure Format (check one).
Yes      ;  No   X
    ----       -----










































<PAGE>



                                     PART I


ITEM 1.  FINANCIAL STATEMENTS


                          CONTEMPORARY SOLUTIONS, INC.
                          (A Development Stage Company)
                                 BALANCE SHEETS
                                   (Unaudited)

<TABLE>
<CAPTION>
                                                                                  June 30,         September 30,
                                                                                    2006                2005
                                                                             ------------------  ------------------
<S>                                                                          <C>                 <C>
Assets - Cash                                                                $          114,394  $                -
                                                                             ==================  ==================

Liabilities - Accounts Payable                                               $            3,500  $            3,000
                                                                             ------------------  ------------------

Stockholders' Equity:
   Preferred Stock, Par value $.001
     Authorized 150,000,000 shares
     Issued - none                                                                            -                   -
  Common Stock, Par value $.001
    Authorized 750,000,000 shares,
    Issued 15,260,000 Shares at June 30, 2006
    and 13,450,000 shares at September 30, 2005                                          15,260              13,450
  Paid-In Capital                                                                       325,671               1,881
  Retained Deficit                                                                       (1,075)             (1,075)
  Deficit Accumulated During the
    Development Stage                                                                  (228,962)            (17,256)
                                                                             ------------------  ------------------

     Total Stockholders' Equity                                                         110,894              (3,000)
                                                                             ------------------  ------------------

     Total Liabilities and
       Stockholders' Equity                                                  $          114,394  $                -
                                                                             ==================  ==================
</TABLE>









                             See accompanying notes.


<PAGE>



                          CONTEMPORARY SOLUTIONS, INC.
                          (A Development Stage Company)
                            STATEMENTS OF OPERATIONS
                                   (Unaudited)

<TABLE>
<CAPTION>
                                                                                                     Cumulative
                                                                                                   since October
                                                                                                      20, 1999
                                                                                                     Inception
                       For the three months ended               For the nine months ended                of
                                June 30,                                June 30,                    development
                  -------------------------------------   -------------------------------------
                         2006               2005                2006                2005               stage
                  ------------------  -----------------   -----------------  ------------------  ------------------
<S>               <C>                 <C>                 <C>                <C>                 <C>
Revenues:         $                -  $               -   $               -  $                -  $                -

R&D expense                  205,206                  -             205,206                   -             205,206
G&A expense                        -              3,000               6,500               4,500              23,756
                  ------------------  -----------------   -----------------  ------------------  ------------------
   Expenses                  205,206              3,000             211,706               4,500             228,962
                  ------------------  -----------------   -----------------  ------------------  ------------------

     Net Loss     $         (205,206) $          (3,000)  $        (211,706) $           (4,500) $         (228,962)
                  ==================  =================   =================  ==================  ==================

Basic &
Diluted loss
 per share        $            (0.01) $               -   $           (0.02) $                -
                  ==================  =================   =================  ==================
</TABLE>





















                             See accompanying notes.


<PAGE>



                          CONTEMPORARY SOLUTIONS, INC.
                          (A Development Stage Company)
                            STATEMENTS OF CASH FLOWS
                                   (Unaudited)

<TABLE>
<CAPTION>
                                                                                                     Cumulative
                                                                                                   since October
                                                                                                      20, 1999
                                                                For the nine months ended           Inception of
                                                                        June 30,                    Development
                                                          -------------------------------------
                                                                2006                2005               Stage
                                                          -----------------  ------------------  ------------------
CASH FLOWS FROM OPERATING
ACTIVITIES:
<S>                                                       <C>                <C>                 <C>
Net Loss                                                  $        (211,706) $           (4,500) $         (228,962)
Decrease (Increase) in Prepaid Expenses                                   -               1,500                   -
Increase (Decrease) in Accounts Payable                                 500               3,000               3,500
                                                          -----------------  ------------------  ------------------
  Net Cash Used in operating activities                            (211,206)                  -            (225,462)
                                                          -----------------  ------------------  ------------------

CASH FLOWS FROM INVESTING
ACTIVITIES:
Net cash provided by investing activities                                 -                   -                   -
                                                          -----------------  ------------------  ------------------

CASH FLOWS FROM FINANCING
ACTIVITIES:
Issuance of stock for cash                                          325,600                   -             338,050
Capital contributed by shareholder                                        -                   -               1,806
                                                          -----------------  ------------------  ------------------
Net Cash Provided by
  Financing Activities                                              325,600                   -             339,856
                                                          -----------------  ------------------  ------------------

Net (Decrease) Increase in
  Cash and Cash Equivalents                                         114,394                   -             114,394
Cash and Cash Equivalents
  at Beginning of Period                                                  -                   -                   -
                                                          -----------------  ------------------  ------------------
Cash and Cash Equivalents
  at End of Period                                        $         114,394  $                -  $          114,394
                                                          =================  ==================  ==================

SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid during the year for:
  Interest                                                $               -  $                -  $                -
  Franchise and income taxes                              $               -  $                -  $              475

SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING
ACTIVITIES: None
</TABLE>

                             See accompanying notes.



<PAGE>



                          CONTEMPORARY SOLUTIONS, INC.
                          (A Development Stage Company)
                          NOTES TO FINANCIAL STATEMENTS
                FOR THE NINE MONTHS ENDED JUNE 30, 2006 AND 2005
                                   (Unaudited)

NOTE 1 - ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

         This summary of accounting policies for Contemporary Solutions, Inc. (a
development stage company) is presented to assist in understanding the Company's
financial  statements.  The accounting  policies  conform to generally  accepted
accounting  principles and have been consistently  applied in the preparation of
the financial statements.

Going Concern

         The accompanying  financial statements have been prepared in conformity
with  accounting  principles  generally  accepted  in the United  States,  which
contemplates the Company as a going concern.  However, the Company has sustained
substantial operating losses in recent years and has used substantial amounts of
working  capital in its operations.  Realization of the assets  reflected on the
accompanying balance sheet is dependent upon continued operations of the Company
which,  in turn, is dependent  upon the Company's  ability to meet its financing
requirements  and succeed in its future  operations.  Management  believes  that
actions  presently  being taken to revise the Company's  operating and financial
requirements  provide them with the opportunity for the Company to continue as a
going concern.

Interim Reporting

         The  unaudited  financial  statements  as of June 30,  2006 and for the
three and nine month period then ended  reflect,  in the opinion of  management,
all adjustments (which include only normal recurring  adjustments)  necessary to
fairly  state the  financial  position and results of  operations  for the three
months.  Operating results for interim periods are not necessarily indicative of
the results which can be expected for full years.

Organization and Basis of Presentation

         The Company was incorporated  under the laws of the State of Wyoming on
August 2, 1996.  The Company ceased all operating  activities  during the period
from  August 2, 1996 to  October  20,  1999 and was  considered  dormant.  Since
October 20, 1999, the Company is in the development stage, and has not commenced
planned principal operations.









<PAGE>



                          CONTEMPORARY SOLUTIONS, INC.
                          (A Development Stage Company)
                          NOTES TO FINANCIAL STATEMENTS
          FOR THE NINE MONTHS ENDED JUNE 30, 2006 AND 2005 (Continued)
                                   (Unaudited)

NOTE 1 - ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
(Continued)

Nature of Business

         The  Company has no  products  or  services  as of June 30,  2006.  The
Company was organized as a vehicle to seek merger or acquisition candidates. The
Company intends to acquire interests in various business opportunities, which in
the opinion of management will provide a profit to the Company.

Loss per Share

         The  reconciliations  of the numerators and  denominators  of the basic
loss per share computations are as follows:

<TABLE>
<CAPTION>
                                                                                                     Per-Share
                                                              Income              Shares               Amount
                                                           (Numerator)         (Denominator)

                                                                 For the three months ended June 30, 2006
BASIC LOSS PER SHARE
<S>                                                     <C>                          <C>         <C>
Loss to common shareholders                             $         (205,206)          14,874,666  $            (0.01)
                                                        ==================  ===================  ==================

                                                                 For the three months ended June 30, 2005
BASIC LOSS PER SHARE
Loss to common shareholders                             $           (3,000)          13,425,000  $                -
                                                        ==================  ===================  ==================

                                                                  For the nine months ended June 30, 2006
BASIC LOSS PER SHARE
Loss to common shareholders                             $         (211,706)          13,584,890  $            (0.01)
                                                        ==================  ===================  ==================

                                                                  For the nine months ended June 30, 2005
BASIC LOSS PER SHARE
Loss to common shareholders                             $           (4,500)          13,425,000  $                -
                                                        ==================  ===================  ==================
</TABLE>


         The  effect  of   outstanding   common  stock   equivalents   would  be
anti-dilutive for June 30, 2006 and 2005 and are thus not considered.  There are
no outstanding common stock equivalents at June 30, 2006 or 2005.


<PAGE>




                          CONTEMPORARY SOLUTIONS, INC.
                          (A Development Stage Company)
                          NOTES TO FINANCIAL STATEMENTS
          FOR THE NINE MONTHS ENDED JUNE 30, 2006 AND 2005 (Continued)
                                   (Unaudited)

NOTE 1 - ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
(Continued)

Cash and Cash Equivalents

         For purposes of the statement of cash flows, the Company  considers all
highly liquid debt instruments purchased with a maturity of three months or less
to be cash equivalents to the extent the funds are not being held for investment
purposes.

Pervasiveness of Estimates

         The  preparation of financial  statements in conformity  with generally
accepted  accounting  principles  required  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.

Concentration of Credit Risk

         The  Company has no  significant  off-balance-sheet  concentrations  of
credit  risk such as foreign  exchange  contracts,  options  contracts  or other
foreign hedging arrangements.

NOTE 2 - INCOME TAXES

         As of June 30, 2006, the Company had a net operating loss  carryforward
for income tax reporting  purposes of approximately  $228,000 that may be offset
against future taxable income through 2026. Current tax laws limit the amount of
loss  available to be offset  against  future  taxable income when a substantial
change in ownership  occurs.  Therefore,  the amount  available to offset future
taxable income may be limited. No tax benefit has been reported in the financial
statements,  because the Company  believes  there is a 50% or greater chance the
carryforwards will expire unused. Accordingly, the potential tax benefits of the
loss carryforwards are offset by a valuation allowance of the same amount.

NOTE 3 - DEVELOPMENT STAGE COMPANY

         The Company has not begun principal  operations and as is common with a
development  stage  company,  the Company has had  recurring  losses  during its
development stage.



<PAGE>



                          CONTEMPORARY SOLUTIONS, INC.
                          (A Development Stage Company)
                          NOTES TO FINANCIAL STATEMENTS
          FOR THE NINE MONTHS ENDED JUNE 30, 2006 AND 2005 (Continued)
                                   (Unaudited)

NOTE 4 - COMMITMENTS

         As of June 30, 2006 all  activities of the Company have been  conducted
by corporate  officers from either their homes or business  offices.  Currently,
there  are no  outstanding  debts  owed by the  company  for  the  use of  these
facilities and there are no commitments for future use of the facilities.

NOTE 5 - COMMON STOCK

         On September 15, 2004 the Company  issued  12,450,000  shares of common
stock for $12,450  cash under the  provisions  of  Regulation  D. The shares are
restricted under Rule 144.

         On June 1, 2006 the Company issued 1,410,000 shares of common stock for
$225,600 cash under the  provisions  of Regulation D. The shares are  restricted
under Rule 144.

         On June 19, 2006 the Company  issued 200,000 shares of common stock for
$50,000 cash under the  provisions of  Regulation  D. The shares are  restricted
under Rule 144.

         On June 28, 2006 the Company  issued 200,000 shares of common stock for
$50,000 cash under the  provisions of  Regulation  D. The shares are  restricted
under Rule 144.

ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION

         This  Quarterly  Report  contains  certain  forward-looking  statements
within the meaning of Section 27A of the Securities Act of 1933, as amended, and
Section  21E of the  Securities  Exchange  Act of 1934,  as  amended,  which are
intended  to be covered  by the safe  harbors  created  thereby.  Investors  are
cautioned that all  forward-looking  statements  involve risks and  uncertainty,
including  without  limitation,  the  ability  of the  Company to  continue  its
expansion  strategy,  changes in costs of raw  materials,  labor,  and  employee
benefits,  as  well as  general  market  conditions,  competition  and  pricing.
Although   the   Company   believes   that  the   assumptions   underlying   the
forward-looking   statements  contained  herein  are  reasonable,   any  of  the
assumptions could be inaccurate,  and therefore,  there can be no assurance that
the  forward-looking  statements included in this Quarterly Report will prove to
be accurate. In light of the significant  uncertainties inherent in the forward-
looking statements included herein, the inclusion of such information should not
be  regarded  as a  presentation  by the  Company or any other  person  that the
objectives and plans of the Company will be achieved.

         As used herein the term  "Company"  refers to  Contemporary  Solutions,
Inc., a Wyoming  corporation and its predecessors,  unless the context indicates
otherwise.  The Company is currently a shell company whose purpose is to acquire
operations through an acquisition or merger or to begin


<PAGE>



its own start-up business.

         The Company is in the process of  attempting  to identify and acquire a
favorable business opportunity.  The Company has reviewed and evaluated a number
of business  ventures for possible  acquisition or participation by the Company.
The Company has not entered into any agreement,  nor does it have any commitment
or understanding to enter into or become engaged in a transaction as of the date
of this filing.  The Company  continues  to  investigate,  review,  and evaluate
business  opportunities  as they  become  available  and will seek to acquire or
become engaged in business  opportunities at such time as specific opportunities
warrant.

PLAN OF OPERATIONS

         The Company had no sales or sales  revenues  for the three months ended
June  30,  2006  or 2005  because  it is a shell  company  that  has not had any
business operations for the past three years.

         The Company had no costs of sales  revenues  for the three months ended
June  30,  2006  or 2005  because  it is a shell  company  that  has not had any
business  operations  for the past three  years.  The  Company  had  general and
administrative  expenses of $-0- for the three month  period ended June 30, 2006
and  $3,000.00  for the same period in 2005.  During the quarter  ended June 30,
2006 the Company expended $205,206 in research and development costs.

CAPITAL RESOURCES AND LIQUIDITY

         At June 30, 2006,  the Company had total current assets of $114,394 and
total  assets of  $114,394 as  compared  to $-0-  current  assets and $-0- total
assets at September 30, 2005. The Company had a net working  capital  deficit of
$3,500 at June 30, 2006 and net working  capital  deficit of $3,000 at September
30, 2005.

         Net  stockholders'  equity in the Company  was  $110,894 as of June 30,
2006 and net stockholders' deficit of $3,000 at September 30, 2005.

ITEM 3.  CONTROLS AND PROCEDURES

         The Company's Chief Executive  Officer and Chief Financial Officer have
concluded,  based on an evaluation  conducted within 90 days prior to the filing
date of this  Quarterly  Report on Form 10-QSB,  that the  Company's  disclosure
controls and  procedures  have  functioned  effectively  so as to provide  those
officers the information necessary to evaluate whether:

         (i) this Quarterly  Report on Form 10-QSB contains any untrue statement
         of a material fact or omits to state a material fact  necessary to make
         the  statements  made, in light of the  circumstances  under which such
         statements were made, not misleading with respect to the period covered
         by this Quarterly Report on Form 10-QSB, and

         (ii) the financial statements, and other financial information included
         in this Quarterly Report on Form 10-QSB, fairly present in all material
         respects the financial condition, results of


<PAGE>



         operations  and cash flows of the  Company as of, and for,  the periods
         presented in this Quarterly Report on Form 10-QSB.

         There  have  been no  significant  changes  in the  Company's  internal
controls or in other factors since the date of the Chief Executive Officer's and
Chief  Financial  Officer's  evaluation  that could  significantly  affect these
internal  controls,  including any corrective actions with regard to significant
deficiencies and material weaknesses.

                           PART II - OTHER INFORMATION

ITEM 1.  LEGAL PROCEEDINGS

None.

ITEM 2.  CHANGES IN SECURITIES

None.

ITEM 3.  DEFAULTS UPON SENIOR SECURITIES

None/Not Applicable.

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

None/Not Applicable.

ITEM 5.  OTHER INFORMATION

None.

ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K

(a) EXHIBITS

         The  following  documents  are filed  herewith or have been included as
         exhibits to previous  filings with the Commission and are  incorporated
         herein by this reference:

         Exhibit No. Exhibit

         *3       Articles of Incorporation
         *3.2     Bylaws
         *3.1     Amended Articles of Incorporation
         31       Certification  Pursuant to Section  302 of the  Sarbanes-Oxley
                  Act of 2002.
         32       Certification  Pursuant to Section  906 of the  Sarbanes-Oxley
                  Act of 2002.



<PAGE>



(b) Reports on Form 8-K. No reports on Form 8-K were filed
         during the period covered by this
         Form 10-KSB.

*        Incorporated  herein  by  reference  from  Registrant's  Form  10SB12G,
         Registration Statement, dated December 27, 1999.


                                   SIGNATURES

         In accordance with the requirements of the Exchange Act, the registrant
caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized.

Contemporary Solutions, Inc.


/s/ B. Stephen Bailey
B. Stephen Bailey
President/CFO and Director

July 24, 2006