**SECURITIES
      AND EXCHANGE COMMISSION**


**Washington,
      D.C. 20549**





**FORM
      10-Q**








(Mark
      One)





x **QUARTERLY
      REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE**


**SECURITIES
      EXCHANGE ACT OF 1934**





For
      the
      quarterly period ended March 31, 2008





**OR**





o **TRANSITION
      REPORT UNDER SECTION 13 OF 15(d) OF THE EXCHANGE ACT**


**OF
      1934**





From
      the
      transition period from ___________ to ____________.





Commission
      File Number 000-29935





**CROWN
      EQUITY HOLDINGS INC.**


(Exact
      name of small business issuer as specified in its charter)





Nevada
      33-0677140


(State
      or
      other jurisdiction of incorporation or organization)(IRS Employer Identification
      No.)





9680
      W. Tropicana Suite 113, Las Vegas NV 89147


(Address
      of principal executive offices)





(702)
      448-1543


(Issuer's
      telephone number)





N/A


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





Indicate
      by check mark whether the registrant (1) 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 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 May
      9, 2008, there were 68,572,984 shares of Common Stock of the issuer
      outstanding.





**Crown
      Equity Holdings Inc.**


**BALANCE
      SHEETS**


(unaudited)








March
                31,
              2008
            
            December
                31,
              2007AssetsCurrent
                assetsCash
            
            $
            6,959
            
            $
            48,952Accounts
                Receivable
            
            
            14,003
            
            
            14,003Total
                current assets
            
            
            20,962
            
            
            62,955Fixed
                AssetsEquipment
                (net)
            
            
            62,408
            
            
            68,753Total
                Assets
            
            $
            83,370
            
            $
            131,708Liabilities
                & Stockholder's DeficitCurrent
                liabilitiesAccounts
                payable and accrued expenses
            
            $
            18,475
            
            $
            18,033Accounts
                payable - related party
            
            
            70,897
            
            
            70,897Advances
                from related parties
            
            
            40,680
            
            
            28,871Note
                payable - related party
            
            
            26,875
            
            
            36,875Note
                payable
            
            
            12,700
            
            
            12,700Total
                current liabilities
            
            
            169,627
            
            
            167,376Contingencies
                & commitments
            
            
            -
            
            
            -Stockholder's
                DeficitCommon
                stock, $.001 par value, 5,000,000,000 shares authorized,68,572,984
                shares issued and outstanding
            
            
            68,573
            
            
            68,573Additional-paid-in-capital
            
            
            5,922,397
            
            
            5,922,397Accumulated
                deficit
            
            
            (6,077,227
            )
            
            (6,026,638
            )Total
                stockholder's Deficit
            
            
            (86,257
            )
            
            (35,668
            )Total
                Liabilities & Stockholders's Deficit
            
            $
            83,370
            
            $
            131,708








**Crown
      Equity Holdings Inc.**


**STATEMENTS
      OF OPERATIONS**


**Three
      month periods ended March 31, 2008 and March 31, 2007**


**(unaudited)**





2008
            
            2007Revenue:Service
                revenue
            
            $
            572
            
            $
            -572
            
            
            -Expenses:General
                and administrative
            
            
            51,161
            
            
            21,003Net
                loss
            
            $
            (50,589
            )
            $
            (21,003
            )Net
                loss per share (basic and diluted):
            
            $
            (0.00
            )
            $
            (0.00
            )Weighted
                average shares outstanding (basic and diluted):
            
            
            68,572,984
            
            
            53,244,650




















See
      accompanying notes to the financial statements





**Crown
      Equity Holdings Inc.**


**STATEMENTS
      OF**  **CASH
      FLOWS**


**Three
      month periods ended March 31, 2008 and March 31, 2007**


**(unaudited)**


2008
              
              2007CASH FLOWS FROM OPERATING ACTIVITIESNet loss
              
              $
              (50,589
              )
              $
              (21,003
              )Adjustments to reconcile net loss to cash usedin operating activities:Depreciation Expense
              
              
              6,345
              
              
              -Net Change in:Accounts payable and accrued expenses
              
              
              442
              
              
              (9,853
              )Accounts payable - related party
              
              
              -
              
              
              15,357TOTAL CASH FLOWS USED IN OPERATING ACTIVITIES
              
              
              (43,802
              )
              
              (15,499
              )CASH FLOWS FROM FINANCING ACTIVITIESAdvances from related party, net
              
              
              11,809
              
              
              2,838Borrowings on debt
              
              
              -
              
              
              12,700Payments on note payable - related party
              
              
              (10,000
              )
              
              -TOTAL CASH FLOWS PROVIDED BY FINANCING ACTIVITIES
              
              
              1,809
              
              
              15,538Net Increase (Decrease) in Cash
              
              
              (41,993
              )
              
              39Cash, beginning of period
              
              
              48,952
              
              
              27Cash, end of period
              
              $
              6,959
              
              $
              66SUPPLEMENTAL CASH FLOW INFORMATIONInterest paid
              
              $
              -
              
              $
              -Income taxes paid
              
              
              -
              
              
              -





**Crown
      Equity Holdings Inc.**


**NOTES
      TO FINANCIAL STATEMENTS**


**(unaudited)**





NOTE
      1 -
      BASIS OF PRESENTATION





The
      accompanying unaudited interim financial statements of Crown Equity Holdings
      Inc. (“Crown Equity”) have been prepared in accordance with accounting
      principles generally accepted in the United States of America and the rules
      of
      the Securities and Exchange Commission (“SEC”), and should be read in
      conjunction with the audited financial statements and notes thereto contained
      in
      the Company’s December 31, 2007 Annual Report filed with the SEC on Form 10-KSB.
      In the opinion of management, all adjustments, consisting of normal recurring
      adjustments, necessary for a fair presentation of financial position and the
      results of operations for the interim periods presented have been reflected
      herein. The results of operations for interim periods are not necessarily
      indicative of the results to be expected for the full year. Notes to the
      financial statements which would substantially duplicate the disclosure
      contained in the audited financial statements for the most recent fiscal year
      end December 31, 2007 as reported on Form 10-KSB, have been omitted.








NOTE
      2 -
      GOING CONCERN





As
      shown
      in the accompanying financial statements, we incurred a net loss during the
      three months ended March 31, 2008, have an accumulated deficit and a working
      capital deficit as of March 31, 2008. These conditions raise substantial doubt
      as to our ability to continue as a going concern. Management is trying to raise
      additional capital through sales of common stock. The financial statements
      do
      not include any adjustments that might be necessary if we are unable to continue
      as a going concern.








NOTE
      3 -
      NOTE PAYABLE





During
      the quarter ended March 31, 2007, we borrowed $12,700 from an unrelated third
      party. The loan is due April 1, 2008 and accrues interest at 12% per annum.
      Amounts outstanding under this agreement subsequent to April 1, 2008 are subject
      to interest at 18% per annum. This loan is currently in default.








NOTE
      4 -
      RELATED PARTY TRANSACTIONS





Legal
      services are provided by a related party of the company. As of March 31, 2008,
      $70,897 was outstanding for legal services.





Crown
      Partners, Inc., the majority shareholder of Crown Equity, has advanced $21,500
      to fund Crown Equity's operations for the three months ended March 31, 2008
      and
      Crown Equity repaid $20,0000 with an outstanding balance of $30,371 remaining
      under advances from related party as of March 31, 2008.




During
      December 2007, Crown Equity’s Chief Financial Officer loaned the company $60,500
      for the purchase of fixed assets. As of March 31, 2008, $26,875 is outstanding
      and is shown as Note Payable - related party in the accompanying financial
      statements. During the three months, $10,309 was advanced to Crown Equity to
      pay
      for current expenses. The $10,309 is recorded under advances from related
      party.





***Item
      2. MANAGEMENT’S DISCUSSION AND ANALYSIS***





***This
      report contains forward looking statements within the meaning of Section 27A
      of
      the Securities Act of 1933, as amended and Section 21E of the Securities
      Exchange Act of 1934, as amended. The Company’s actual results could differ
      materially from those set forth on the forward looking statements as a result
      of
      the risks set forth in the Company’s filings with the Securities and Exchange
      Commission, general economic conditions, and changes in the assumptions used
      in
      making such forward looking statements.***





OVERVIEW





Crown
      Equity Holdings Inc. (the "Company") was incorporated on August 31, 1995 as
      "Visioneering Corporation" under the laws of the State of Nevada, to engage
      in
      any lawful corporate undertaking, including, but not limited to, selected
      mergers and acquisitions.





In
      2007,
      the Company, though its wholly-owned subsidiary, Crown Trading Systems, Inc.
      (“CTS”), a Nevada corporation, began to develop, sell, and produce computer
      systems which are capable are running multiple monitors from one computer.
      At
      present, CTS is able to run 16 monitors off one CPU. In late, 2007, CTS began
      to
      attend trade shows and started selling these systems. For the three months
      ended
      March 31, 2008, CTS had gross revenues of approximately $572 from the sales
      of
      systems.





Additionally,
      CTS has entered into reseller and distribution agreements with over 30 wholesale
      and retail computer components to sell their products on CTS’s website,
      www.crowntradingsystems.com.





The
      Company is offering its services to companies or individuals looking to go
      public in the United States. It has launched a website,
      www.crownequityholdings.com, which offers its services in a wide range of
      fields.





The
      Company’s office is located at 9680 West Tropicana, Suite 117, Las Vegas, Nevada
      89147.





As
      of
      March 31, 2008, the Company had no employees but was utilizing the services
      of
      independent contractors and consultants.





RESULTS
      OF OPERATIONS





For
      the
      three months ended March 31, 2008 and 2007, we had revenues of $572 and $0,
      respectively, for a net loss of $50,589 and $21,003, respectively. General
      and
      administrative expense increased $30,158 to $51,161 for the three months ended
      March 31, 2008 compared to the same period in 2007. This increase is primarily
      attributable to the Company’s commencing operations as well as increases in
      legal and accounting fees.





The
      Company will attempt to carry out its business plan as discussed above; however,
      it cannot predict to what extent its lack of liquidity and capital resources
      will hinder its business plan prior to the consummation of a business
      combination.








LIQUIDITY
      AND CAPITAL RESOURCES





At
      March
      31, 2008, the Company had current assets of $20,962 and current liabilities
      of
      approximately $169,627, resulting in a working capital deficit of $148,665.
      Shareholders' deficit as of March 31, 2008 was approximately $86,257. Further,
      there exist no agreements or understandings with regard to loan agreements
      by or
      with the Officers, Directors, principals, affiliates or shareholders of the
      Company.




Our
      existing capital is not sufficient to meet the Company's cash needs, including
      the costs of compliance with the continuing reporting requirements of the
      Securities Exchange Act of 1934, as amended. As shown in the accompanying
      financial statements, Crown Equity incurred a net loss of $50,589 for the three
      months ended March 31, 2008, has an accumulated deficit of $6,077,227 and a
      working capital deficit of $148,665 as of March 31, 2008. These conditions
      raise
      substantial doubt as to Crown Equity's ability to continue as a going concern.
      Management is trying to raise additional capital through sales of common stock.
      The financial statements do not include any adjustments that might be necessary
      if Crown Equity is unable to continue as a going concern.





EMPLOYEES





As
      of
      March 31, 2008, the Company had no employees.





ITEM
      3.
      CONTROLS AND PROCEDURES




As
      required by Rule 13a-15 under the Securities Exchange Act of 1934 (the "Exchange
      Act"), we carried out an evaluation of the effectiveness of the design and
      operation of our disclosure controls and procedures as of December 31, 2007.
      This evaluation was carried out under the supervision and with the participation
      of our Chief Executive Officer and Chief Financial Officer. Based on their
      evaluation of our disclosure controls and procedures we concluded that such
      disclosure controls and procedures were effective to ensure that information
      required to be disclosed by us in reports that we file or submit under the
      Exchange Act is recorded, processed, summarized and reported within the time
      periods specified in Securities and Exchange Commission rules and forms. There
      have been no significant changes in our internal controls or in other factors
      that could significantly affect internal controls subsequent to the date we
      carried out our evaluation.




There
      were no significant changes in our internal controls over financial reporting
      that occurred during the last fiscal quarter that has materially affected,
      or is
      reasonably likely to materially affect, internal controls over financial
      reporting.










PART
      II





Items
      No.
      1, 2, 3, 4 and 5 - Not Applicable.





Item
      No.
      6 - Exhibits and Reports on Form 8-K





(a)
      There
      were two reports on Form 8-K filed during the quarter ended March 31, 2008,
      one
      dated February 27, 2008 and one dated March 30, 2008.





(b)
      Exhibits





None








SIGNATURES





In
      accordance with the requirements 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.





CROWN
      EQUITY HOLDINGS INC.





By
/s/
      Arnulfo Saucedo


Arnulfo
      Saucedo, CEO





By
/s/
      Montse Zaman


Montse
      Zaman, CFO








Date:
      May
      14, 2008