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

                                   FORM 10-QSB


|X|   QUARTERLY  REPORT  PURSUANT  TO  SECTION  13 OR  15(d)  OF THE  SECURITIES
      EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED JUNE 30, 2005; OR


|_|   TRANSITION  REPORT  PURSUANT  TO  SECTION  13 OR 15(d)  OF THE  SECURITIES
      EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD

                        FROM ____________ TO ____________

                         Commission file number: 0-28793


                              OSK CAPITAL II CORP.
             (Exact name of registrant as specified in its charter)


             NEVADA                                       84-1491673
(State or other jurisdiction of             (I.R.S. Employer Identification No.)
 incorporation or organization)


          1080 Beaver Hall, Suite 1555, Montreal, Quebec H2Z 1S8 CANADA
               (Address of principal executive offices) (Zip Code)

        Registrant's telephone number, including area code: 514-313-6010

      Copies of all communications, including all communications sent to the
agent for service, should be sent to:


                         Joseph I. Emas, Attorney at Law
                             1224 Washington Avenue
                           Miami Beach, Florida 33139
                             Telephone: 305.531.1174
       Securities registered under Section 12(b) of the Exchange Act: None

         Securities registered under Section 12(g) of the Exchange Act:

                                  COMMON STOCK
                                (Title of Class)

Check  whether  the issuer  (1) has filed all  reports  required  to be filed by
Section 13 or 15(d) of the  Exchange  Act during the past 12 months (or for such
shorter  period  Indicate by check mark whether the registrant (1) has filed all
reports  required to be filed by Section 13 or 15(d) of the Securities  Exchange
Act of 1934 during the preceding 12 months (or for such shorter  period that the
registrant was required to file such reports),  and (2) has been subject to such
filing requirements for the past 90 days. |_| Yes |X| No

As of August 30, 2005, there were 30,426,000  shares of the registrant's  common
stock outstanding.

<PAGE>

                           OSK CAPITAL II CORPORATION
                          (A DEVELOPMENT STAGE COMPANY)
                   INTERIM CONSOLIDATED FINANCIAL STATEMENTS
                                  JUNE 30, 2005
                  (AMOUNTS EXPRESSED IN UNITED STATES DOLLARS)



<PAGE>

                           OSK CAPITAL II CORPORATION
                         (A DEVELOPMENT STAGE COMPANY)
                    INTERIM CONSOLIDATED FINANCIAL STATEMENTS
                                  JUNE 30, 2005
                  (AMOUNTS EXPRESSED IN UNITED STATES DOLLARS)


                                TABLE OF CONTENTS

Interim Consolidated Balance Sheet                                         1 - 2

Interim Consolidated Statements of Operations and Deficit                      3

Interim Consolidated Statements of Cash Flows                                  4

Interim Consolidated Statements of Changes in Stockholder Deficiency           5

Notes to Consolidated Financial Statements                                     6


<PAGE>

OSK CAPITAL II CORPORATION
(A DEVELOPMENT STAGE COMPANY)
                       INTERIM CONSOLIDATED BALANCE SHEET
AS AT JUNE 30, 2005
(Amounts expressed in United States Dollars)                              PAGE 1
--------------------------------------------------------------------------------

                                                    JUNE 30,        SEPTEMBER 30
                                                      2005              2004
                                                  (UNAUDITED)
                                                  ------------      ------------

 ASSETS

CURRENT
     Cash                                         $         --      $         --
     Accounts receivable                                49,635             6,260
     Sales tax receivable                                7,963                --
     Inventory                                         102,490            25,134
                                                  ------------      ------------
Total                                                  160,088            31,394

CAPITAL ASSETS                                          95,442                --
                                                  ------------      ------------
Total                                             $    255,530      $     31,394
                                                  ============      ============


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


<PAGE>

OSK CAPITAL II CORPORATION
(A DEVELOPMENT STAGE COMPANY)
                       INTERIM CONSOLIDATED BALANCE SHEET
AS AT JUNE 30, 2005
(Amounts expressed in United States Dollars)                              PAGE 2
--------------------------------------------------------------------------------

                                                    JUNE 30,       SEPTEMBER 30
                                                      2005             2004
                                                   (UNAUDITED)
                                                  ------------      -----------
LIABILITIES

CURRENT
     Bank indebtedness                            $      3,683     $         --
     Accounts payable                                   42,852           30,846
     Loans payable                                      50,291           29,998
     Loan payable - parent company                     309,998               --
     Debentures payable                                289,325               --
                                                  ------------     ------------
                                                       696,149           60,844
                                                  ------------     ------------
STOCKHOLDERS' DEFICIENCY

CAPITAL STOCK (NOTE 3)                                   3,043               79

COMPREHENSIVE INCOME (LOSS)                              8,117            1,691

DEFICIT                                               (451,779)         (31,220)
                                                  ------------     ------------
TOTAL STOCKHOLDERS' DEFICIT                           (440,619)      (29,450)
                                                  ------------     ------------
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIENCY    $    255,530     $     31,394
                                                  ============     ============


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

<PAGE>

<TABLE>
<CAPTION>

OSK CAPITAL II CORPORATION
(A DEVELOPMENT STAGE COMPANY)
                                   INTERIM CONSOLIDATED STATEMENT OF OPERATIONS
                                FOR THE THREE MONTHS AND NINE MONTHS PERIOD ENDED
                                         JUNE 30, 2005 AND FROM INCEPTION
(Amounts Expressed in United States Dollars)                                                               PAGE 3
-----------------------------------------------------------------------------------------------------------------

                                                                                                        MARCH 2,
                                                                                                         1999
                                                                                                      (INCEPTION)
                                                                                                           TO
                                             THREE MONTHS JUNE 30,          NINE MONTHS JUNE 30,       JUNE 30,
                                        -----------------------------   ---------------------------   -----------
                                            2005            2004            2005           2004          2005
                                        -----------    --------------   -----------    ------------   -----------
<S>                                     <C>            <C>              <C>            <C>            <C>
  SALES                                 $    82,416    $           --   $   160,775    $         --   $   164,993
                                        -----------    --------------   -----------    ------------   -----------
  COST OF SALES
     Inventory, beginning of period         116,235                --        30,814              --        30,814
     Purchases                               32,154                --       170,210              --       205,891
                                        -----------    --------------   -----------    ------------   -----------
Total                                            --                         201,024              --       236,705
     Inventory, end of year                 102,490                --       102,490              --       134,215
                                        -----------    --------------   -----------    ------------   -----------
Total                                        45,899                --        98,534              --       102,490
                                        -----------    --------------   -----------    ------------   -----------
  GROSS PROFIT                               36,517                --        62,241              --        62,503
                                        -----------    --------------   -----------    ------------   -----------
  OPERATING EXPENSES
     Sales and promotion                     59,164                --       183,333              --       183,333
     Professional and consulting fees        26,207                --       132,293              --       246,564
     Telecommunication and network
     costs                                  (10,773)               --        55,623              --        59,390
     Salaries and wage levies                14,613                --        40,616              --        40,616
     Interest on long term debt               6,602                --         8,776              --         8,776
     Delivery and transport                   1,796                --        12,022              --        12,022
     Telephone                                  410                --         3,107              --         3,107
     Interest and service charges               730                --         2,881              --         2,881
     Office and general                       5,470                --        15,884              --        15,884
     Amortization                             9,468                --        28,265              --        28,265
                                        -----------    --------------   -----------    ------------   -----------
Total                                       113,687                              --              --       600,838
                                        -----------    --------------   -----------    ------------   -----------
  NET LOSS                              $   (77,170)   $           --   $  (420,559)   $         --   $   538,335
                                        ===========    ==============   ===========    ============   ===========
     NET EARNINGS (LOSS) PER SHARE      $     (0.03)   $        (0.00)  $     (0.17)   $      (0.00)  $     (0.21)
                                        ===========    ==============   ===========    ============   ===========
WEIGHTED AVERAGE NUMBER
 OF SHARES OUTSTANDING                    2,500,767                --     2,500,767              --     2,500,767
                                        ===========    ==============   ===========    ============   ===========


         The accompanying notes are an integral part of these interim consolidated financial statements.
</TABLE>

<PAGE>

<TABLE>
<CAPTION>

OSK CAPITAL II CORPORATION
(A DEVELOPMENT STAGE COMPANY)
                       INTERIM CONSOLIDATED STATEMENT OF CASH FLOWS
                    FOR THE THREE MONTHS AND NINE MONTHS PERIOD ENDED
                             JUNE 30, 2005 AND FROM INCEPTION
(AMOUNTS EXPRESSED IN UNITED STATES DOLLARS)                                       PAGE 4
-----------------------------------------------------------------------------------------



                                                                                 MARCH 2,
                                                                                  1999
                                                        THREE         NINE     (INCEPTION)
                                                        MONTHS       MONTHS        TO
                                                         JUNE         JUNE       JUNE 30,
                                                         2005         2005         2005
                                                      ---------    ---------    ---------
<S>                                                   <C>          <C>          <C>
OPERATING ACTIVITIES

     Net earnings (loss)                              $ (77,170)   $(420,559)   $(420,559)
     Add:  Amortization                                   9,468       28,265       28,265

         Increase (decrease) in accounts receivable     (14,370)     (43,379)     (43,379)
         Increase in sales tax                           (1,090)      (7,963)      (7,963)
         Increase (decrease) in inventory                18,746      (77,356)     (77,356)
         Increase in accounts payable                     3,794       12,006       12,006
                                                      ---------    ---------    ---------
           NET CASH USED IN OPERATING ACTIVITIES        (60,622)    (537,251)    (537,251)
                                                      ---------    ---------    ---------
INVESTING ACTIVITIES
     Variation in assets                                 20,729      (86,048)     (86,048)
                                                      ---------    ---------    ---------
     Net cash provided by investing activities           20,729      (86,048)     (86,048)
                                                      ---------    ---------    ---------
FINANCING ACTIVITIES

     Variation in bank indebtedness                       3,683        3,683        3,683
     Increase in loan payable                            20,822       20,293       20,293
     Variation in loan from parent company             (126,619)     309,998      309,998
     Increase in debentures payable                     142,007      289,325      289,325
                                                      ---------    ---------    ---------
                                                         39,893      623,299      623,299
                                                      ---------    ---------    ---------
                  NET INCREASE (DECREASE)                    --           --           --
        CASH AND CASH EQUIVALENTS BEGINNING OF YEAR          --           --           --
                                                      ---------    ---------    ---------
           CASH AND CASH EQUIVALENTS END OF YEAR      $      --    $      --    $      --
                                                      =========    =========    =========


        The accompanying notes are an integral part of these interim consolidated
                                  financial statements.
</TABLE>

<PAGE>

<TABLE>
<CAPTION>

OSK CAPITAL II CORPORATION
(A DEVELOPMENT STAGE COMPANY)
                      INTERIM CONSOLIDATED STATEMENT OF STOCKHOLDERS' DEFICIENCY
AS AT JUNE 30, 2005
(Amounts Expressed in United States Dollars)                                                   PAGE 5
-----------------------------------------------------------------------------------------------------

                                                                             Deficit
                                                                           Accumulated       Total
                                       Common Stock         Additional      During the    -----------
                                -------------------------     Paid in      Development   Stockholders'
                                  Shares         Amount       Capital         Stage       Deficiency
                                -----------   -----------   -----------    -----------    -----------
<S>                             <C>           <C>           <C>            <C>            <C>
At August 27, 2004                       --   $        --   $        --    $        --             --
Issue of stock for cash                 100            79            --             --             --
Net loss for the year 2004               --            --            --        (31,220)       (31,220)
                                -----------   -----------   -----------    -----------    -----------
Balance, September 30, 2004             100            79            --        (31,220)       (31,220)

Recapitalization  pursuant to
reverse acquisition              30,425,900         2,964            --             --             --

Net loss for the nine  months
ended June 30, 2005                      --            --            --       (420,559)      (420,559)
                                -----------   -----------   -----------    -----------    -----------
                                 30,426,000   $     3,043   $        --    $  (451,779)   $  (451,779)
                                ===========   ===========   ===========    ===========    ===========


   The accompanying notes are an integral part of these interim consolidated financial statements.
</TABLE>

<PAGE>

OSK CAPITAL II CORPORATION
(A DEVELOPMENT STAGE COMPANY)
               NOTES TO INTERIM CONSOLIDATED FINANCIAL STATEMENTS
JUNE 30, 2005
(Amounts Expressed in United States Dollars)                              PAGE 6
--------------------------------------------------------------------------------

1.    BASIS OF CONSOLIDATION

      The consolidated  financial  statements include accounts of OSK Capital II
      Corporation  and its wholly owned  subsidiary  Teliphone Inc. for the nine
      month period ended June 30, 2005.

2.    INTERIM REPORTING

      While the information  presented in the accompanying  consolidated interim
      three  months   financial   statements  is  unaudited,   it  includes  all
      adjustments,  which are in the opinion of management  necessary to present
      fairly the consolidated financial position,  results of operations for the
      interim  consolidated  periods  presented.   All  adjustments  are  normal
      recurring  nature.  It  is  suggested  that  these  Interim   consolidated
      financial  statements be read in conjunction with the company's  September
      30, 2004 annual financial statements.


3.    CAPITAL STOCK

      Authorized

      The Company is authorized to issue  125,000,000  shares of common stock at
$0.001 par value as at  September  30,  2004,  3,416,000  shares were issued and
outstanding.

      On July 29, 2004, the company amended its certificate of  incorporation to
increase  the number of  authorized  shares of common stock from  25,000,000  to
125,000,000.

      There are no  warrants  or  options  outstanding  to issue any  additional
shares of common stock.

      During the period the company  entered into a share purchase  agreement to
acquire all of the outstanding  shares of Teliphone Inc. through the issuance of
30,425,900  common  shares  of its  share  capital  with a stated  par  value of
$0.0001.


<PAGE>

                     MANAGEMENT'S DISCUSSION AND ANALYSIS OF
                  FINANCIAL CONDITION AND RESULTS OF OPERATIONS

The  previous  discussion  and  other  sections  of  this  Form  10-QSB  contain
forward-looking statements that have been made pursuant to the provisions of the
Private  Securities   Litigation  Reform  Act  of  1995.  These  forward-looking
statements are based on current  expectations,  estimates and projections  about
our industry,  management's  beliefs and certain assumptions made by management.
Words such as "anticipates," "expects," "intends," "plans," "believes," "seeks,"
"estimates,"   "may,"  and  similar   expressions   are   intended  to  identify
forward-looking  statements.  These  statements  are not  guarantees  of  future
performance  and  actual  actions  or  results  may  differ  materially.   These
statements are subject to certain risks,  uncertainties and assumptions that are
difficult to predict.  The Company  undertakes no obligation to update  publicly
any forward-looking statements as a result of new information,  future events or
otherwise, unless required by law. Readers should, however, carefully review the
risk factors  included in other  reports or documents  filed by the Company from
time to time with the Securities and Exchange Commission.

OVERVIEW OF OUR COMPANY

The Company was  incorporated  under the laws of the State of Nevada on March 2,
1999, and is in the early developmental and promotional stages.  Until April 28,
2005, the Company's only activities had been  organizational  ones,  directed at
developing  its  business  plan and  raising  its  initial  capital.  Additional
activities  included  the  search for a merger  with an  operating  entity.  The
Company has no full-time employees and owns no real estate.

On April 25th, the company signed an agreement with United American
Corporation,   a  Florida  Corporation,   in  order  to  execute  a  merger  and
re-organization such that Teliphone Inc., a majority-owned  subsidiary of United
American Corporation, would become a wholly owned subsidiary of the Company.

Teliphone  Inc.  is  a  corporation  established  to  develop  and  market  next
generation telecommunication products and services known as "Voice over Internet
Protocol" (VoIP), a new technology which permits  Teliphone's  customers to make
phone  calls to any phone  number  around  the world  utilizing  their  internet
connection at reduced costs from traditional telecommunications services.

On April 28, 2005, OSK Capital II, Corp.  completed its acquisition of Teliphone
Inc., a Canadian  corporation,  pursuant to an Agreement  and Plan of Merger and
Reorganization.  At the effective time of the merger,  Teliphone Inc. was merged
with  and  into  OSK  Capital  II,  Corp.'s  wholly  owned  subsidiary,  OSK  II
Acquisition  Corp.,  a Florida  corporation.  All of the  outstanding  shares of
Teliphone  Inc.  common  stock  were  converted  by virtue of the  merger at the
Closing Date into shares of OSK Capital II, Corp.  common  stock.  Consequently,
Teliphone Inc. is a wholly owned subsidiary of OSK Capital II, Corp.

The  Company  is  currently  a  majority-owned  subsidiary  of  United  American
Corporation for the time being,  pending a special  dividend  issuance by United
American  Corporation  of the Company's  shares to United  American  Corporation
shareholders.   United   American   Corporation   trades   its   stock   on  the
Over-The-Counter-Bulletin-Board, OTCBB under the ticker symbol "UAMA".

<PAGE>

RESULTS OF OPERATIONS

NINE MONTHS ENDED JUNE 30, 2005.

As of June 30, 2005, the Company  remained in the development  stage. As of June
30, 2005, the Company had assets consisting of accounts receivable in the amount
of $49,635,  income tax  receivable  of $7,963 and  inventory of $102,490 but no
cash.  The Company has expended its cash in  furtherance  of its business  plan,
including primarily  expenditure of funds to pay legal and accounting  expenses,
and has  recorded  the full value of the stock issued for services as a general,
selling, and administrative expense.  Consequently,  the Company's balance sheet
for the quarter ended as of June 30, 2005 reflects a deficit  accumulated during
the development stage of ($451,799) and a stockholders deficit of ($440,619), an
increase from December 31, 2004,  and at September 30, 2004 due to cash advances
from shareholders.

The Company  recorded  sales of $160,775 for the nine months ended June 30, 2005
and $82,416 for the three  months  ended June 30, 2005.  The  Company's  cost of
sales were  $98,534 for the nine months  ended June 30, 2005 and $36,517 for the
three months ended June 30, 2005.  The Company's  aggregate  operating  expenses
were $482,800 for the nine months ended June 30, 2005 and $113,687 for the three
months  ended  June  30,  2005.  As a  result,  the  Company  had a net  loss of
($420,559)  for the nine months ended June 30, 2005 and  ($77,170) for the three
months ended June 30, 2005.

PLAN OF OPERATIONS AND NEED FOR ADDITIONAL FINANCING

The Company's plan of operations for most of 2003 and 2004 was to remain dormant
in order to avoid incurring legal and accounting fees related to compliance with
its reporting  obligations.  However,  in the first quarter of 2004, the Company
elected to begin taking the steps  necessary to file all delinquent  reports and
to once again become current in compliance with its reporting  obligations under
the Securities Exchange Act of 1934.

On March 17, 2005,  the Company  executed a letter of intent whereby the Company
proposed to exchange shares of the Company for one hundred percent (100%) of the
outstanding  shares of Teliphone  Inc. In terms of  theconsolidated  financials,
during the period from March 2, 1999  (inception)  through  June 30,  2005,  the
Company has accumulated a deficit of ($451,799).

Currently,  we do not have sufficient capital to maintain operations in the next
twelve months. The Company expects to raise additional  capital.  If the Company
is unable to raise  additional  funds, the Company may be required to reduce its
workforce, reduce compensation levels, or modify its growth and business plan.

ITEM 3. CONTROLS AND PROCEDURES

We carried out an evaluation,  under the supervision and with the  participation
of our management, including our Chief Executive Officer and Principal Financial
Officer,  of the  effectiveness  of our disclosure  controls and procedures,  as
defined in Rules 13a-15(e) and 15d-15(e) of the Securities  Exchange Act of 1934
as of the end of the period  covered by this report.  Based on that  evaluation,
our Chief Executive Officer and Principal  Financial Officer have concluded that
our  disclosure  controls and  procedures as of June 30, 2005 were  effective to
ensure that  information  required to be disclosed by us in reports that we file
or submit under the  Securities  Exchange  Act of 1934 is  recorded,  processed,
summarized and reported within the time periods  specified in the Securities and
Exchange Commission's rules and forms.

There have been no material  changes in our  internal  controls  over  financial
reporting or in other factors that could  materially  affect,  or are reasonably
likely to affect,  our internal  controls over  financial  reporting  during the
quarter ended June 30, 2005.


<PAGE>

                            PART II OTHER INFORMATION

Item 1.  Legal Proceedings

         Not applicable

Item 2.  Changes in Securities

         Not applicable

Item 3.  Defaults Upon Senior Securities

         Not applicable

Item 4.  Submission of Matters to a Vote of Security Holders

         None.

Item 5.  Other Information

         Not applicable

Item 6.  Exhibits

      A.    Exhibits:

            31.1  Certification  of Chief Executive  Officer Pursuant to Section
                  302 of the Sarbanes-Oxley Act.

            31.2  Certification  of Principal  Financial and Accounting  Officer
                  Pursuant to Section 302 of the Sarbanes-Oxley Act.

            32.1  Certification  of Chief Executive  Officer Pursuant to Section
                  906 of the Sarbanes-Oxley Act.

            32.2  Certification  of Principal  Financial and Accounting  Officer
                  Pursuant to Section 906 of the Sarbanes-Oxley Act.


<PAGE>

                                   SIGNATURES

Pursuant to the  requirements of Section 13 or 15(d) of the Securities  Exchange
Act of 1934 the  registrant  has duly  caused  this  report  to be signed on its
behalf by the undersigned, thereunto duly authorized.


                                              OSK CAPITAL II CORP.

                                              By: /s/ George Metrakos
                                                --------------------------------
                                                Chief Executive Officer

                                              Date: August 30, 2005


                                              By: /s/ George Metrakos
                                                --------------------------------
                                                Chief Accounting Officer

                                              Date: August 30, 2005