----

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**UNITED          STATES**

**SECURITIES        AND EXCHANGE COMMISSION**

**FORM        10-QSB**

| x | QUARTERLY                  REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT                  OF                  1934 |
|---|--------------------------------------------------------------------------------------------------------------------------------------|

|   | For                  the quarterly period ended: **March                  31, 2007** |
|--------|--------------------------------------------------------------------------------------|

| o | TRANSITION                  REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT |
|---|----------------------------------------------------------------------------------|

|   | For                  the transition period from________________ to                  ________________ |
|--------|------------------------------------------------------------------------------------------------------|

|   | Commission                  file number                  ______________________________________ |
|--------|-------------------------------------------------------------------------------------------------|

|   | **SYNTHENOL                  INC.**                                     |   |
|--------|-------------------------------------------------------------------------|--------|
|   | (Exact                  name of registrant as specified in its charter) |   |

| Florida                                                                         |   | 000-29219                                 |   | 98-0199508                                         |
|---------------------------------------------------------------------------------|--------|-------------------------------------------|--------|----------------------------------------------------|
| (State                  or other jurisdiction of incorporation or organization) |   | (Commission                  File Number) |   | (IRS                  Employer Identification No.) |

| Suite                  206 - 388 Drake Street             |   |                        |
|-----------------------------------------------------------|--------|-----------------------------|
| Vancouver,                  British Columbia, Canada      |   | V6B                  6A8    |
| (Address                  of principal executive offices) |   | (Zip                  Code) |

| Issuer’s                  telephone number |   | (604)                  648-2090 |
|--------------------------------------------------|--------|---------------------------------|

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**APPLICABLE        ONLY TO ISSUERS INVOLVED IN BANKRUPTCY **

**PROCEEDINGS        DURING THE PRECEDING FIVE YEARS**

**APPLICABLE        ONLY TO CORPORATE ISSUERS**

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**SYNTHENOL        INC.**

**FORM        10-QSB**

**PART        I - FINANCIAL INFORMATION**

| **Item                  1.**                     | **FINANCIAL                  STATEMENTS**                                                         |   |
|--------------------------------------------------|---------------------------------------------------------------------------------------------------|--------|
|                                             |                                                                                              |   |
|                                             | Consolidated                  Balance Sheets                                                      | 5      |
|                                             |                                                                                              |   |
|                                             | Consolidated                  Statements of Operations                                            | 6      |
|                                             |                                                                                              |   |
|                                             | Consolidated                  Statements of Cash Flows                                            | 7      |
|                                             |                                                                                              |   |
|                                             | Consolidated                  Statement of Stockholders’ Deficit                            | 9      |
|                                             |                                                                                              |   |
|                                             | Notes                  to the Consolidated Financial Statements                                   | 10     |
|                                             |                                                                                              |   |
| **Item                  2.**                     | **MANAGEMENT’S                  DISCUSSION AND ANALYSIS OR PLAN OF OPERATION**              | 13     |
|                                             |                                                                                              |   |
| **Item                  3.**                     | **CONTROLS                  AND PROCEDURES**                                                      | 14     |
|                                             |                                                                                              |   |
| **PART                  II - OTHER INFORMATION** |                                                                                              |
|                                             |                                                                                              |   |
| **Item                  1.**                     | **LEGAL                  PROCEEDINGS**                                                            | 14     |
|                                             |                                                                                              |   |
| **Item                  2.**                     | **UNREGISTERED                  SALES OF EQUITY SECURITIES AND USE OF                  PROCEEDS** | 14     |
|                                             |                                                                                              |   |
| **Item                  3.**                     | **DEFAULTS                  UPON SENIOR SECURITIES**                                              | 14     |
|                                             |                                                                                              |   |
| **Item                  4.**                     | **SUBMISSION                  OF MATTERS TO A VOTE OF SECURITY HOLDERS**                          | 14     |
|                                             |                                                                                              |   |
| **Item                  5.**                     | **OTHER                  INFORMATION**                                                            | 14     |
|                                             |                                                                                              |   |
| **Item                  6.**                     | **EXHIBITS                  AND REPORTS ON FORM 8-K**                                             | 14     |

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*Table            of Contents*

| **Item                  1.** | **FINANCIAL                  STATEMENTS** |
|------------------------------|-------------------------------------------|

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*Table            of Contents*

YN

| ASSETS                                                                                                                                                        |   | March                      31,2007 |       | December                      31,2006 |   |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|------------------------------------|------------|---------------------------------------|--------|
|                                                                                                                                                          |   | Unaudited                          |       |                                  |   |
| Current                                                                                                                                                       |   |                               |       |                                  |   |
| Cash                                                                                                                                                          |   | $                                  | 2,907      |                                  | $      | 13,462 |   |
|                                                                                                                                                          |   |                               |       |                                  |   |   |   |
|                                                                                                                                                          |   | $                                  | 2,907      |                                  | $      | 13,462 |   |
|                                                                                                                                                          |   |                               |       |                                  |   |   |   |
| LIABILITIES                      AND STOCKHOLDERS’ DEFICIT                                                                                              |   |                               |       |                                  |   |   |   |
|                                                                                                                                                          |   |                               |       |                                  |   |   |   |
| Current                                                                                                                                                       |   |                               |       |                                  |   |   |   |
| Accounts                      payable and accrued liabilities (Note 4)                                                                                        |   | $                                  | 113,446    |                                  | $      | 118,577 |   |
| Notes                      payable (Note 3)                                                                                                                   |   |                               | 143,122    |                                  |   | 107,431 |   |
|                                                                                                                                                          |   |                               |       |                                  |   |   |   |
|                                                                                                                                                          |   |                               | 256,568    |                                  |   | 226,008 |   |
|                                                                                                                                                          |   |                               |       |                                  |   |   |   |
| Capital                      stock                                                                                                                            |   |                               |       |                                  |   |   |   |
| Preferred                      stock, $0.01 par value, 5,000,000 shares authorized, no shares                      issued or                      outstanding |   |                               |       |                                  |   |   |   |
| Common                      stock and paid-in capital (Note 5)                                                                                                |   |                               |       |                                  |   |   |   |
| 100,000,000                      shares authorized with a par value of $0.01                                                                                  |   |                               |       |                                  |   |   |   |
| 731,521                      (December 31, 2006: 731,521) shares issued and outstanding                                                                       |   |                               | 7,315      |                                  |   | 7,315 |   |
| Treasury                      stock, at cost, 540 shares (December 31, 2006: 540)                                                                        |   |                               | (270       | )                                     |   | (270 | ) |
| Additional                      paid-in capital                                                                                                               |   |                               | 1,953,614  |                                  |   | 1,953,614 |   |
| Other                      comprehensive income                                                                                                               |   |                               | 18,591     |                                  |   | 18,604 |   |
| Deficit                                                                                                                                                       |   |                               | (1,305,454 | )                                     |   | (1,305,454 | ) |
| Deficit                      accumulated during the development stage                                                                                         |   |                               | (927,457   | )                                     |   | (886,355 | ) |
|                                                                                                                                                          |   |                               |       |                                  |   |   |   |
|                                                                                                                                                          |   |                               | (253,661   | )                                     |   | (212,546 | ) |
|                                                                                                                                                          |   |                               |       |                                  |   |   |   |
|                                                                                                                                                          |   | $                                  | 2,907      |                                  | $      | 13,462 |   |

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*Table            of Contents*

YN

|                                                                  |   | Three                  months endedMarch                  31, |    | January                  1,2004                  (Date ofinception                  ofdevelopment                  stage) toMarch                  31, |   |
|-----------------------------------------------------------------------|--------|---------------------------------------------------------------|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
|                                                                  |   | 2007                                                          |    | 2006                                                                                                                                                   |   | 2007 |   |
|                                                                  |   |                                                          |    |                                                                                                                                                   |   |   |   |
| General                  and Administrative Expenses                  |   |                                                          |    |                                                                                                                                                   |   |   |   |
| Amortization                                                          |   | $                                                             | -       |                                                                                                                                                   | $      | - |   | $ | 27,077 |   |
| Bad                  debt                                             |   |                                                          | -       |                                                                                                                                                   |   | - |   |   | 525 |   |
| Corporation                  promotion                                |   |                                                          | -       |                                                                                                                                                   |   | - |   |   | 13,920 |   |
| Insurance                                                             |   |                                                          | -       |                                                                                                                                                   |   | - |   |   | 15,901 |   |
| Management                  and consulting fees                       |   |                                                          | 22,757  |                                                                                                                                                   |   | 3,361 |   |   | 137,615 |   |
| Office                  supplies and services                         |   |                                                          | 4,215   |                                                                                                                                                   |   | 1,363 |   |   | 51,625 |   |
| Professional                  fees                                    |   |                                                          | 14,130  |                                                                                                                                                   |   | 2,000 |   |   | 221,849 |   |
| Rent                                                                  |   |                                                          | -       |                                                                                                                                                   |   | 367 |   |   | 16,311 |   |
| Wages                                                                 |   |                                                          | -       |                                                                                                                                                   |   | - |   |   | 84,258 |   |
|                                                                  |   |                                                          |    |                                                                                                                                                   |   |   |   |   |   |   |
| Loss                  before other items                              |   |                                                          | (41,102 | )                                                                                                                                                      |   | (4,814 | ) |   | (569,081 | ) |
|                                                                  |   |                                                          |    |                                                                                                                                                   |   |   |   |   |   |   |
| Other                  items                                          |   |                                                          |    |                                                                                                                                                   |   |   |   |   |   |   |
| Loss                  on disposition of equipment                     |   |                                                          | -       |                                                                                                                                                   |   | - |   |   | (15,028 | ) |
| Write-down                  of intangible assets                      |   |                                                          | -       |                                                                                                                                                   |   | - |   |   | (50,001 | ) |
| Write-off                  of notes payable                           |   |                                                          | -       |                                                                                                                                                   |   | - |   |   | 14,823 |   |
| Gain                  on settlement of lawsuit                        |   |                                                          | -       |                                                                                                                                                   |   | - |   |   | 44,445 |   |
|                                                                  |   |                                                          |    |                                                                                                                                                   |   |   |   |   |   |   |
| Loss                  from continuing operations                      |   |                                                          | (41,102 | )                                                                                                                                                      |   | (4,814 | ) |   | (574,842 | ) |
|                                                                  |   |                                                          |    |                                                                                                                                                   |   |   |   |   |   |   |
| Operating                  income (loss) from discontinued operations |   |                                                          | -       |                                                                                                                                                   |   | 22 |   |   | (382,299 | ) |
|                                                                  |   |                                                          |    |                                                                                                                                                   |   |   |   |   |   |   |
| Gain                  on sale of discontinued operations              |   |                                                          | -       |                                                                                                                                                   |   | 29,684 |   |   | 29,684 |   |
|                                                                  |   |                                                          |    |                                                                                                                                                   |   |   |   |   |   |   |
| Net                  loss                                             |   | $                                                             | (41,102 | )                                                                                                                                                      | $      | (24,892 | ) | $ | (927,457 | ) |
|                                                                  |   |                                                          |    |                                                                                                                                                   |   |   |   |   |   |   |
| Basic                  and diluted loss per share                     |   | $                                                             | (0.06   | )                                                                                                                                                      | $      | (0.03 | ) |   |   |   |
|                                                                  |   |                                                          |    |                                                                                                                                                   |   |   |   |   |   |   |
| Weighted                  average number of shares outstanding        |   |                                                          | 731,521 |                                                                                                                                                   |   | 728,096 |   |   |   |   |

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*Table            of Contents*

YN

|                                                                 |   | Three                  month endedMarch                  31, |    | January                  1, 2004 (Dateof                  Inception ofDevelopmentStage)                  toMarch                  31, |   |
|----------------------------------------------------------------------|--------|--------------------------------------------------------------|---------|---------------------------------------------------------------------------------------------------------------------------------------|--------|
|                                                                 |   | 2007                                                         |    | 2006                                                                                                                                  |   | 2007 |   |
| Cash                  Flows from Operating Activities                |   |                                                         |    |                                                                                                                                  |   |   |   |
| Loss                  from continuing operations                     |   | $                                                            | (41,102 | )                                                                                                                                     | $      | (4,814 | ) | $ | (574,842 | ) |
| Add                  (deduct) items not affecting cash:              |   |                                                         |    |                                                                                                                                  |   |   |   |   |   |   |
| Amortization                                                         |   |                                                         | -       |                                                                                                                                  |   | - |   |   | 27,077 |   |
| Issuance                  of common stock for services               |   |                                                         | -       |                                                                                                                                  |   | - |   |   | 1,000 |   |
| Stock-based                  compensation                            |   |                                                         | -       |                                                                                                                                  |   | - |   |   | 4,460 |   |
| Loss                  on disposition of equipment                    |   |                                                         | -       |                                                                                                                                  |   | - |   |   | 225,184 |   |
| Write-down                  of intangible assets                     |   |                                                         | -       |                                                                                                                                  |   | - |   |   | 360,001 |   |
| Write-off                  of notes payable                          |   |                                                         | -       |                                                                                                                                  |   | - |   |   | (18,729 | ) |
| Gain                  on settlement of lawsuit                       |   |                                                         | -       |                                                                                                                                  |   | - |   |   | (44,445 | ) |
| Changes                  in non-cash working capital items:          |   |                                                         |    |                                                                                                                                  |   |   |   |   |   |   |
| Amounts                  receivable                                  |   |                                                         | -       |                                                                                                                                  |   | (1 | ) |   | - |   |
| Accounts                  payable and accrued liabilities            |   |                                                         | (5,131  | )                                                                                                                                     |   | (559 | ) |   | 113,446 |   |
| Accrued                  interest on notes payable                   |   |                                                         | 691     |                                                                                                                                  |   | - |   |   | 6,284 |   |
|                                                                 |   |                                                         |    |                                                                                                                                  |   |   |   |   |   |   |
| Cash                  provided by (used in) continuing operations    |   |                                                         | (45,542 | )                                                                                                                                     |   | (5,374 | ) |   | 99,436 |   |
| Discontinued                  operations                             |   |                                                         | -       |                                                                                                                                  |   | - |   |   | (553,150 | ) |
|                                                                 |   |                                                         |    |                                                                                                                                  |   |   |   |   |   |   |
| Net                  cash used in operating activities               |   |                                                         | (45,542 | )                                                                                                                                     |   | (5,374 | ) |   | (453,714 | ) |
|                                                                 |   |                                                         |    |                                                                                                                                  |   |   |   |   |   |   |
| Cash                  Flows from Investing Activities                |   |                                                         |    |                                                                                                                                  |   |   |   |   |   |   |
| Proceeds                  from sale of subsidiary                    |   |                                                         | -       |                                                                                                                                  |   | - |   |   | 1 |   |
| Proceeds                  from assets disposition                    |   |                                                         | -       |                                                                                                                                  |   | - |   |   | 5,458 |   |
| Purchase                  of equipment                               |   |                                                         | -       |                                                                                                                                  |   | - |   |   | (5,808 | ) |
| Net                  cash provided by (used in) investing activities |   |                                                         | -       |                                                                                                                                  |   | - |   |   | (349 | ) |
|                                                                 |   |                                                         |    |                                                                                                                                  |   |   |   |   |   |   |
| Cash                  Flows from Financing Activities                |   |                                                         |    |                                                                                                                                  |   |   |   |   |   |   |
| Proceeds                  from notes payable                         |   |                                                         | 35,000  |                                                                                                                                  |   | - |   |   | 248,614 |   |
| Proceeds                  from issuance of common stock              |   |                                                         | -       |                                                                                                                                  |   | - |   |   | 1,000 |   |
|                                                                 |   |                                                         |    |                                                                                                                                  |   |   |   |   |   |   |
| Net                  cash provided by financing activities           |   |                                                         | 35,000  |                                                                                                                                  |   | - |   |   | 249,614 |   |
|                                                                 |   |                                                         |    |                                                                                                                                  |   |   |   |   |   |   |
| Effect                  of exchange rate changes on cash             |   |                                                         | (13     | )                                                                                                                                     |   | - |   |   | (2,161 | ) |
|                                                                 |   |                                                         |    |                                                                                                                                  |   |   |   |   |   |   |
| Net                  decrease in cash from continuing operations     |   |                                                         | (10,555 | )                                                                                                                                     |   | (5,374 | ) |   | (206,610 | ) |
|                                                                 |   |                                                         |    |                                                                                                                                  |   |   |   |   |   |   |
| Cash,                  beginning                                     |   |                                                         | 13,462  |                                                                                                                                  |   | 6,765 |   |   | 209,517 |   |
|                                                                 |   |                                                         |    |                                                                                                                                  |   |   |   |   |   |   |
| Cash,                  ending                                        |   | $                                                            | 2,907   |                                                                                                                                  | $      | 1,391 |   | $ | 2,907 |   |

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*Table            of Contents*

|                                                                                                                                                 |   | Three                  month ended March                  31, |   | January                  1, 2004 (Date                  of                  Inception of Development                  Stage)                  to March                  31, |   |
|------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------------------------------------------------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
|                                                                                                                                                 |   | 2007                                                          |   | 2006                                                                                                                                                                        |   | 2007 |   |
|                                                                                                                                                 |   |                                                          |   |                                                                                                                                                                        |   |   |   |
| Supplemental                  Disclosure of Cash Flow Information and Non-cash Investing and                  Financing                  Activities: |   |                                                          |   |                                                                                                                                                                        |   |   |   |
| Cash                  paid for:                                                                                                                      |   |                                                          |   |                                                                                                                                                                        |   |   |   |
| Interest                                                                                                                                             |   | $                                                             | -      |                                                                                                                                                                        | $      | - |   | $ | - |   |
| Income                  taxes (recovery)                                                                                                             |   | $                                                             | -      |                                                                                                                                                                        | $      | - |   | $ | (3,934 | ) |
|                                                                                                                                                 |   |                                                          |   |                                                                                                                                                                        |   |   |   |   |   |   |
| Common                  shares issued to settle notes payable                                                                                        |   | $                                                             | -      |                                                                                                                                                                        | $      | - |   | $ | 25,000 |   |

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*Table            of Contents*

YN

|                                                     |   | Common                  Shares |    | Treasury |   | Additional                  Paid-in |   | Accumulated                  Other Comprehensive |   |   |   | Deficit                  Accumulated During the Development |   |   |   |
|----------------------------------------------------------|--------|--------------------------------|---------|----------|--------|-------------------------------------|--------|--------------------------------------------------|--------|--------|--------|-------------------------------------------------------------|--------|--------|--------|
|                                                     |   | Number                         |    | Amount   |   | Stock                               |   | Capital                                          |   | Income |   | Deficit                                                     |   | Stage  |   | Total |   |
| Balance                  at December 31, 2005            |   |                           | 681,521 |     | $      | 6,815                               |   | $                                                | (270   | )      | $      | 1,929,114                                                   |   | $      | 18,041 |   | $ | (1,305,454 | ) | $ | (849,780 | ) | $ | (201,534 | ) |
| Net                  loss                                |   |                           | -       |     |   | -                                   |   |                                             | -      |   |   | -                                                           |   |   | -      |   |   | - |   |   | (36,575 | ) |   | (36,575 | ) |
| Foreign                  currency translation adjustment |   |                           | -       |     |   | -                                   |   |                                             | -      |   |   | -                                                           |   |   | 563    |   |   | - |   |   | - |   |   | 563 |   |
| Share                  issues for debt                   |   |                           | 50,000  |     |   | 500                                 |   |                                             | -      |   |   | 24,500                                                      |   |   | -      |   |   | - |   |   | - |   |   | 25,000 |   |
| Balance                  at December 31, 2006            |   |                           | 731,521 |     |   | 7,315                               |   |                                             | (270   | )      |   | 1,953,614                                                   |   |   | 18,604 |   |   | (1,305,454 | ) |   | (886,355 | ) |   | (212,546 | ) |
| Net                  loss                                |   |                           | -       |     |   | -                                   |   |                                             | -      |   |   | -                                                           |   |   | -      |   |   | - |   |   | (41,102 | ) |   | (41,102 | ) |
| Foreign                  currency translation adjustment |   |                           | -       |     |   | -                                   |   |                                             | -      |   |   | -                                                           |   |   | (13    | ) |   | - |   |   | - |   |   | (13 | ) |
| Balance                  at March 31, 2007 (Unaudited)   |   |                           | 731,521 |     | $      | 7,315                               |   | $                                                | (270   | )      | $      | 1,953,614                                                   |   | $      | 18,591 |   | $ | (1,305,454 | ) | $ | (927,457 | ) | $ | (253,661 | ) |

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*Table            of Contents*

YN

| Note                  1 | Interim                  Financial Statements |
|-------------------------|-----------------------------------------------|

|   | These                  interim unaudited consolidated financial statements have been prepared                  on                  the same basis as the annual financial statements and in the opinion                  of                  management, reflect all adjustments, which include only normal                  recurring                  adjustments, necessary to present fairly the Company’s financial position,                  results of operations and cash flows for the periods shown. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | The                  results of operations for such periods are not necessarily indicative                  of                  the results expected for a full year or for any future                  period. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Note                  2 | Nature                  and Continuance of Operations |
|-------------------------|-------------------------------------------------------|

|   | Synthenol                  Inc. (the “Company”) was incorporated under the laws of the State of                  Florida on May 3, 1989 as Sparta Ventures Corp. and remained inactive                  until June 27, 1998. The name was changed to Thermal Ablation Technologies                  Corporation on October 8, 1998 and then to Poker.com, Inc. on August                  10,                  1999. On September 15, 2003, the Company changed its name to LegalPlay                  Entertainment Inc. The Company’s business to December 31, 2003 was                  primarily related to the operations of online gaming. In 2004,                  the Company                  discontinued the online gaming operations and redirected its business                  strategy to acquisition of new poker software and market the software                  to                  on-line gaming sites worldwide. Accordingly, the Company has been                  in the                  development stage since January                  2004. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | At                  the Annual General Meeting on November 8, 2006, the shareholders                  passed a                  motion approving the change of the Company’s name to Synthenol Inc.                  effective December 18, 2006. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | These                  interim financial statements have been prepared in accordance with                  generally accepted accounting principles applicable to a going                  concern,                  which assumes that the Company will be able to meet its obligations                  and                  continue its operations for its next fiscal year. Realization values                  may                  be substantially different from carrying values as shown and these                  financial statements do not give effect to adjustments that would                  be                  necessary to the carrying values and classification of assets and                  liabilities should the Company be unable to continue as a going                  concern.                  At March 31, 2007, the Company had not yet achieved profitable                  operations,                  has accumulated losses of $927,457 since its inception and expects                  to                  incur further losses in the development of its business, all of                  which                  casts substantial doubt about the Company’s ability to continue as a going                  concern. The Company’s ability to continue as a going concern is dependent                  upon its ability to generate future profitable operations 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                  has                  no formal plan in place to address this concern but considers that                  the                  Company will be able to obtain additional funds by equity financing                  and/or                  related party advances, however there is no assurance of additional                  funding being available. Since                  inception, the Company has funded operations through common stock                  issuances and related party loans in order to meet their strategic                  objectives. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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*Table            of Contents*

| Note                  3 | Notes                  Payable |
|-------------------------|--------------------------------|

|   | a) | A                  loan of $25,453 from Ubiquity Management Inc., controlled by a                  former                  director of the Company, as of March 31, 2007 is unsecured, bears                  interest at 5% per annum and is due on                  demand. |
|--------|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | b) | A                  promissory note of $30,991 as of March 31, 2007 (2006: $29,164) is                  unsecured, bears interest at the Canadian prime rate (6% as of                  March 31,                  2007) and due on demand. |
|--------|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | c) | On                  April 6, 2006, the Company received $10,000 from Hokley Limited                  (“Hokley”). The promissory note is unsecured and bears interest at 5% per                  annum. Interest accrued as of March 31, 2007 is $123. The principal                  and accrued interest is payable by the Company on April 6,                  2008. |
|--------|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | d) | On                  July 31, 2006, the Company received $25,000 from Hokley. The promissory                  note is unsecured and bears interest at 5% per annum. Interest                  accrued as                  of March 31, 2007 is $308. The principal and accrued interest is                  payable by the Company on July 31,                  2007. |
|--------|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | e) | On                  December 15, 2006, the Company received $15,000 from Hokley. The                  promissory note is unsecured and bears interest at 5% per annum.                  Interest                  accrued as of March 31, 2007 is $185. The principal and accrued                  interest is payable by the Company on December 15,                  2007. |
|--------|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | f) | On                  February 26, 2007, the Company received $35,000 from Hokley. The                  promissory note is unsecured and bears interest at 5% per annum.                  Interest                  accrued as of March 31, 2007 is $432. The principal and accrued                  interest is payable by the Company on February 26,                  2008. |
|--------|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Note                  4 | Related                  Party Transactions |
|-------------------------|---------------------------------------------|

|   | The                  Company incurred $3,000 of management fees (2006 - $3,000) with                  directors                  of the Company and a former officer of the                  Company. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Note                  5 | Capital                  Stock |
|-------------------------|--------------------------------|

|   | On                  October 31, 2006, the Company declared a one-for-fifty reverse                  stock split                  of all of the outstanding common stock, without any change in par                  value of                  the shares of common stock. At March 31, 2007, the authorized capital                  was                  100,000,000 common shares. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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*Table            of Contents*

| Note                  5 | Capital                  Stock (continued) |
|-------------------------|--------------------------------------------|

|   | As                  of November 3, 2005, the Company was indebted to Iris International                  Holdings (“Iris”) for an amount of $25,000. The promissory note was                  unsecured, bore interest at 5% per annum and was due in one year.                  On                  January 26, 2006, Iris agreed to accept common shares in settlement                  of the                  debt owing to them. The Company’s Board of Directors resolved to settle                  the debt owed to Iris by issuing 2,500,000 pre-split shares of                  the                  Company’s common stock at a fair value of $0.01 per share. The number of                  shares after one-for-fifty reverse stock split is 50,000. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Unless                  otherwise noted, all references to common stock, common shares                  outstanding, average numbers of common shares outstanding and per                  share                  amounts in these financial statements and notes to financial statements                  have been adjusted to reflect the a one-for-fifty reverse stock                  split. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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*Table            of Contents*

| **Item                  2.** | **MANAGEMENTS’                  DISCUSSION AND ANALYSIS****OR                  PLANS OF OPERATIONS** |
|------------------------------|------------------------------------------------------------------------------------------------------------|

**OVERVIEW**

**CRITICAL        ACCOUNTING POLICIES AND ESTIMATES**

**RESULTS        OF CONTINUING OPERATIONS**

**Three        months ended March 31, 2007 compared to three months ended March 31,        2006**

**FINANCIAL        CONDITION AND LIQUIDITY**

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*Table            of Contents*

| **Item                  3.** | **CONTROLS                  AND PROCEDURES** |
|------------------------------|----------------------------------------------|

**PART        II--OTHER INFORMATION**

| **Item                  1.** | **Legal                  Proceedings** |
|------------------------------|----------------------------------------|

| **Item                  2.** | **Changes                  in Securities** |
|------------------------------|--------------------------------------------|

| **Item                  3.** | **Defaults                  upon Senior Securities** |
|------------------------------|------------------------------------------------------|

| **Item                  4.** | **Submission                  of Matters to a Vote of Security                  Holders** |
|------------------------------|-------------------------------------------------------------------------------------------|

| **Item                  5.** | **Other                  Information.** |
|------------------------------|-----------------------------------------|

| **Item                  6.** | **Exhibits                  and Reports on Form 8-K** |
|------------------------------|-------------------------------------------------------|

| Exhibit                  Number |   | Description |
|---------------------------------|--------|-------------|
| 2.1                             | *      |        | On                  February 20, 2007, the Company filed 8K regarding Management and                  Administrative agreements. |
| 2.2                             | *      |        | On                  March 1, 2007, the Company filed 8K regarding Promissory                  Note |
| 2.3                             | *      |        | On                  May 7, 2007, the Company filed 8K regarding sale of shares of                  Skillpoker.com |
| 31.1                            |   |        | 302                  Certification for the Chief Executive Officer |
| 31.2                            |   |        | 302                  Certification for the Chief Financial Officer |
| 32.1                            |   |        | 906                  Certification for the Chief Executive Officer |
| 32.2                            |   |        | 906                  Certification for the Chief Financial                  Officer |

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*Table            of Contents*

**SIGNATURES**

**SYNTHENOL        INC.**

| */s/                  Cecil Morris*                               |   | Date:                  May 14, 2007 |
|-------------------------------------------------------------------|--------|-------------------------------------|
| Cecil                  MorrisDirector,                  President |   |                                |
| */s/                  John Page*                                  |   | Date:                  May 14, 2007 |
| John                  PageDirector                  / Treasurer   |   |                                |

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