| FLORIDA                                                                       | 11-3331350                                          |
|-------------------------------------------------------------------------------|-----------------------------------------------------|
| (State                or other jurisdiction of incorporation or organization) | (I.R.S.                Employer Identification No.) |

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| UniverCell                Holdings, Inc.(A                Development Stage Company) |   |
|--------------------------------------------------------------------------------------|--------|
| Consolidated                Balance Sheets                                           |   |
| (Unaudited)                                                                          |   |

| ASSETS                                                                              |   |
|-------------------------------------------------------------------------------------|--------|
|                                                                                |   | March                31, |   | December                31, |   |
|                                                                                |   | 2007 |   | 2006 |   |
|                                                                                |   | (Unaudited) |   |   |   |
| Current                Assets                                                       |   |   |  |   |   |  |   |
|     Cash                                                        |   | $ | 0 |   | $ | 0 |   |
|                                                                                |   |   |  |   |   |  |   |
|         Total                Current Assets |   | $ | 0 |   | $ | 0 |   |

| LIABILITIES                AND STOCKHOLDERS' EQUITY                                                                                                    |   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
|                                                                                                                                                   |   |   |   |   |   |
|                                                                                                                                                   |   | March                31, |   | December                31, |   |
|                                                                                                                                                   |   | 2007 |   | 2006 |   |
|                                                                                                                                                   |   | (Unaudited) |   |   |   |
| Current                Liabilities                                                                                                                     |   |   |   |   |   |
|     Accounts                Payable                                                                                                |   | $ | 13,872 |   | $ | 13,297 |   |
|     Accrued                Expenses                                                                                                |   |   | 198,995 |   |   | 198,995 |   |
|     Notes                Payable - Related Party                                                                                   |   |   | 262,778 |   |   | 262,778 |   |
|                                                                                                                                                   |   |   |  |   |   |  |   |
|         Total                Current Liabilities                                                               |   |   | 475,645 |   |   | 475,070 |   |
|                                                                                                                                                   |   |   |  |   |   |  |   |
| Stockholders'                Equity                                                                                                                    |   |   |  |   |   |  |   |
|     Common                Stock, Authorized 200,000,000 Shares, $.0001Par Value, Issued and                Outstanding 199,250,000 |   |   |  |   |   |  |   |
|                                                                                                                                                   |   |   | 19,925 |   |   | 19,925 |   |
|     Additional                Paid in Capital                                                                                      |   |   | 1,305,380 |   |   | 1,305,380 |   |
|     Retained                Earnings (Deficit)                                                                                     |   |   | (1,800,950 | ) |   | (1,800,376 | ) |
|                                                                                                                                                   |   |   |  |   |   |  |   |
| Total                Stockholders' Equity                                                                                                              |   |   | (475,645 | ) |   | (475,070 | ) |
|                                                                                                                                                   |   |   |  |   |   |  |   |
|         Total                Liabilities and Stockholders' Equity                                              |   | $ | 0 |   | $ | 0 |   |

----

| UniverCell                Holdings, Inc.(A                Development Stage Company) |   |
|--------------------------------------------------------------------------------------|--------|
| Consolidated                Statements of Operations                                 |   |
| (Unaudited)                                                                          |   |
|                                                                                 |   |

|                                                                                                                     |   | For                the Three Months Ended |        |
|--------------------------------------------------------------------------------------------------------------------------|--------|-------------------------------------------|-------------|
|                                                                                                                     |   | March                31,             |        |
|                                                                                                                     |   | 2007                                      |        | 2006 |   |
| Revenues                                                                                                                 |   | $                                         | -           |   | $ | - |   |
|                                                                                                                     |   |                                      |             |   |   |  |   |
| Cost                of Sales                                                                                             |   |                                      | -           |   |   | - |   |
|                                                                                                                     |   |                                      |             |   |   |  |   |
| Gross                Profit (Loss)                                                                                       |   |                                      | -           |   |   | - |   |
|                                                                                                                     |   |                                      |             |   |   |  |   |
| Operating                Expenses                                                                                        |   |                                      |             |   |   |  |   |
|     General                & Administrative                                                      |   |                                      | 575         |   |   | 62,577 |   |
|                                                                                                                     |   |                                      |             |   |   |  |   |
|         Total                Operating Expenses                                  |   |                                      | 575         |   |   | 62,577 |   |
|                                                                                                                     |   |                                      |             |   |   |  |   |
| Net                Operating Income (Loss) from continuingOperations                                                     |   |                                      | (575        | ) |   | (62,577 | ) |
|                                                                                                                     |   |                                      |             |   |   |  |   |
|     Other                Income (Expense)                                                            |   |                                      | -           |   |   | - |   |
|     Interest                Income                                                                   |   |                                      |             |   |   |  |   |
|     Interest                Expense                                                                  |   |                                      | -           |   |   | - |   |
|     Loss                before provision for income taxes and discontinued                operations |   |                                      | (575        | ) |   | (62,577 | ) |
|         Provision                for Income Taxes                                |   |                                      | -           |   |   | - |   |
|                                                                                                                     |   |                                      |             |   |   |  |   |
| Loss                from continuing operations before discontinued operations                                            |   |                                      | (575        | ) |   | (62,577 | ) |
| Gain                (Loss) on disposal of Discontinued operations (net of                taxes)                          |   |                                      | -           |   |   | - |   |
| Total                Loss from Discontinued Operations                                                                   |   |                                      | -           |   |   | - |   |
|                                                                                                                     |   |                                      |             |   |   |  |   |
| Net                Income (Loss)                                                                                         |   |                                      | (575        | ) |   | (62,577 | ) |
|                                                                                                                     |   |                                      |             |   |   |  |   |
| Net                Income (Loss) Per share for continuing operations                                                     |   | $                                         | (0.00       | ) | $ | (0.00 | ) |
|                                                                                                                     |   |                                      |             |   |   |  |   |
| Net                Income (Loss) Per Share for discontinued operations                                                   |   | $                                         | (0.00       | ) | $ | (0.00 | ) |
|                                                                                                                     |   |                                      |             |   |   |  |   |
| Weighted                Average Shares Outstanding                                                                       |   |                                      | 199,250,000 |   |   | 199,250,000 |   |

----

| UniverCell                Holdings, Inc.(A                Development Stage Company) |
|--------------------------------------------------------------------------------------|
| Consolidated                Statements of Cash Flows                                 |
|  (Unaudited)                                                                    |

|                                                                                                                     |   | For                the three months ended March                31, |   |
|--------------------------------------------------------------------------------------------------------------------------|--------|--------------------------------------------------------------------|--------|
|                                                                                                                     |   | 2007                                                               |   | 2006 |   |
|                                                                                                                     |   |                                                               |   |   |   |
| CASH                FLOWS FROM OPERATING ACTIVITIES:                                                                     |   |                                                               |   |   |   |
|                                                                                                                     |   |                                                               |   |   |   |
|     Net                Income (Loss)                                                                 |   | $                                                                  | (575   | ) | $ | (62,577 | ) |
|     Adjustments                to Reconcile Net Loss to Net Cash                                     |   |                                                               |        |   |   |  |   |
|         Provided                by Operations:                                   |   |                                                               |        |   |   |  |   |
|         Loss                (Gain) on sale of subsidiary                         |   |                                                               | -      |   |   | - |   |
|     Change                in Assets and Liabilities                                                  |   |                                                               |        |   |   |  |   |
|         Increase                (Decrease) in Notes Payable                      |   |                                                               | -      |   |   | - |   |
|         Increase                (Decrease) in Accounts Payable/ Accrued Expenses |   |                                                               | 575    |   |   | 56,855 |   |
|                                                                                                                     |   |                                                               |        |   |   |  |   |
| Net                Cash Provided (Used) by Operating Activities                                                          |   |                                                               | 0      |   |   | (5,721 | ) |
|                                                                                                                     |   |                                                               |        |   |   |  |   |
| CASH                FLOWS FROM INVESTING ACTIVITIES:                                                                     |   |                                                               |        |   |   |  |   |
|     Proceeds                from sale of subsidiary                                                  |   |                                                               | -      |   |   | - |   |
|     Cash                Balance transferred in sale                                                  |   |                                                               | -      |   |   | - |   |
|                                                                                                                     |   |                                                               |        |   |   |  |   |
|     Net                Cash Provided (Used) by Investing Activities                                  |   |                                                               |   |   |   |   |   |
|                                                                                                 |   |                                                               |        |   |   |  |   |
|     Net                Cash Provided (Used) by Discontinuing Operations                              |   |                                                               |   |   |   |   |   |
|                                                                                                                     |   |                                                               |        |   |   |  |   |
|                                                                                                                     |   |                                                               |   |   |   |   |   |
|                                                                                                                     |   |                                                               |        |   |   |  |   |
| NET                INCREASE (DECREASE) IN CASH AND EQUIVALENTS                                                           |   |                                                               | 0      |   |   | (2,530 | ) |
|                                                                                                                     |   |                                                               |        |   |   |  |   |
| CASH                AND EQUIVALENTS AT BEGINNING OF PERIOD                                                               |   |                                                               | 0      |   |   | 2,530 |   |
|                                                                                                                     |   |                                                               |        |   |   |  |   |
| CASH                AND CASH EQUIVALENTS AT END OF PERIOD                                                                |   | $                                                                  | 0      |   | $ | 0 |   |

| The                accompanying notes are an integral part of these financial                statements. |
|----------------------------------------------------------------------------------------------------------|

----

| UniverCell                Holdings, Inc.(A                Development Stage Company) |   |
|--------------------------------------------------------------------------------------|--------|
| Consolidated                Statements of Cash Flows (Continued)                     |   |

|                                                |   |  For                the three months ended March                31, |   |
|-----------------------------------------------------|--------|--------------------------------------------------------------------------|--------|
|                                                |   |  2007                                                               |   | 2006 |   |
| Cash                Paid For:                       |   |                                                                |   |    |   |
|     Interest                    |   |                                                                     |   |   |   |   |   |
|     Taxes                       |   | $                                                                        | -      |   | $ | - |   |
|                                                |   |                                                                     |        |   |   |  |   |
| Non-Cash                Activities:                 |   |                                                                     |        |   |   |  |   |
| Shares                Issued for Services           |   |                                                                     | -      |   |   |   |   |
| Note                issued in exchange for payables |   |                                                                     |   |   | $ | 250,000 |   |

| The                accompanying notes are an integral part of these financial                statements. |
|----------------------------------------------------------------------------------------------------------|

----

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| · | General                economic and business conditions;                                       |
|--------|------------------------------------------------------------------------------------------------|
| · | our                ability to implement our business strategy;                                 |
| · | our                access to financing;                                                        |
| · | our                ability to successfully identify new business                opportunities; |
| · | our                ability to attract and retain key executives;                               |
| · | the                effect of regulatory and legal                restrictions.                 |

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| 31.1   | Certification                of Principal Executive Officer - Rule 13a-14(a)                Certification                                                 |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |                                                                                                                                                      |
| 31.2   | Certification                of Principal Financial Officer - Rule 13a-14(a)                Certification                                                 |
|   |                                                                                                                                                      |
| 32.1   | Certification                of Principal Executive Officer and Principal Financial Officer -                Sarbanes-Oxley Act Section 906 Certification |

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|  Date:              May 8,              2007 |                                                                                                                   |                                        |
|---------------------------------------------------|------------------------------------------------------------------------------------------------------------------------|---------------------------------------------|
|                                              |                                                                                                                   |
|                                              | UNIVERCELL                HOLDINGS, INC.                                                                               |
|                                         |                                                                                                              |                                   |
|                                                   | By:                                                                                                          | /S/              SEAN              Y. FULDA |
|                                              | Sean                Y. FuldaChief                Executive Officer and PresidentChief                Financial Officer |
|                                              |                                                                                                                   |

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