U.S. SECURITIES AND EXCHANGE COMMISSION
                       WASHINGTON, D.C.  20549

                             FORM 10-KSB

[X] Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange
Act of 1934

For the fiscal year ended December 31, 2006   Commission File No. 333-83125

[  ] Transition Report Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934

     For the transition period from           to           .

                     FIRST GROWTH INVESTORS, INC.
            (Name of small business issuer in its charter)

           Nevada                                         87-0569467
     State or other jurisdiction of                    (I.R.S. Employer
     incorporation or organization                     Identification No.)

           2508 South 1300 East, Salt Lake City, Utah 84106
         (Address of principal executive offices)  (zip code)

Issuer's telephone number, including area code:  (801) 466-7808


    (Former name or former address, if changed since last report.)

Securities registered under Section 12(b) of the Exchange Act:  None
Securities registered under Section 12(g) of the Act:  None

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

Check if no disclosure of delinquent filers in response to Item 405 of
Regulation S-B is contained in this form, and no disclosure will be contained,
to the best of the Issuer's knowledge, in definitive proxy or information
statements incorporated by reference in Part III of this Form 10-KSB or any
amendment to this Form 10-KSB. (Not applicable)                  [   ]

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

The Issuer's revenues for its most recent fiscal year.     $   -0-

The aggregate market value of voting stock held by non-affiliates is not
determinable because of the lack of any meaningful market value quotations.
(See Item 5 herein).

The number of shares outstanding of the Issuer's common stock at December 31,
2006: 2,000,000

<PAGE>

                                PART I

ITEM 1.   DESCRIPTION OF BUSINESS

     (A)  BUSINESS DEVELOPMENT.

     First Growth Investors, Inc. (the "Company") was incorporated under the
laws of the State of Nevada on September 9, 1997.  In connection with the
organization, the founders contributed $5,050 cash to initially capitalize
First Growth Investors in exchange for 1,750,000 shares of common stock.

     On October 15, 1997, First Growth Investors commenced a public offering
of up to 250,000 shares of its common stock, in reliance upon Rule 504 of
Regulation D, promulgated by the U.S. Securities & Exchange Commission under
the Securities Act of 1933.  The offering closed in November, 1997.  The
Company sold 250,000 shares of common stock, at $.20 per share, and raised
gross proceeds of $50,000 increasing the total issued and outstanding common
stock to 2,000,000 shares.  The Company then registered a public offering of
its securities.  First Growth Investors declared a distribution of 1,000,000
common stock purchase warrants to shareholders of record as of September 30,
1999.  The Company filed with the Securities and Exchange Commission a
registration statement on Form SB-2, Commission File No. 333-83125, which
became effective October 8, 1999.  Pursuant thereto the Company then
distributed 1,000,000 warrants.  The warrants were exercisable at $1.00 per
share, on or before June 30, 2002. The warrants have now expired, and no
securities were ever sold pursuant to the offering.

     (B)  BUSINESS OF COMPANY.

     First Growth Investors was formed to take advantage of what management
believed was a money making opportunity that could be realized through buying,
selling and investing in select vintages of wines.  The philosophy was simple;
buy California's and France's premier red wines when first released and hold
them for investment, appreciation and later resale, then sell the wines after
a 12 to 24 month period.  It was anticipated, but not assured, that the
appreciation of the wines would be greatest within this period.  The Company
would then take any proceeds from investment, roll it over, and reinvest in
the next release of the wines.  While the initial purchase of wines, an
investment costing about $50,000, was subsequently sold for an amount which
generated a gross profit in excess of $20,000, the Company did not continue to
be successful in this venture.  This business was not successful, and
operations were eventually discontinued.  The Company is not presently engaged
in any business activities and has no operations. Presently the Company's
principal activity has been to investigate potential acquisitions. There is no
written agreement in effect with respect to any potential business
acquisition. If any suitable potential business acquisition is located and
completed, it will in all likelihood involve a change in management and
shareholder control of the company. There is no assurance the Company could
become involved with any business venture, especially any business venture
requiring significant capital.

<PAGE>

ITEM 2.   PROPERTIES

     First Growth Investors has no office facilities and does not presently
anticipate the need to lease commercial office space or facilities. For now
the President's address is being used as the business address.  The Company
may lease commercial office facilities in the future at such time as
operations have developed to the point where the facilities are needed, but
has no commitments or arrangements for any facilities. There is no assurance
regarding the future availability of commercial office facilities or terms on
which the Company may be able to lease facilities in the future, nor any
assurance regarding the length of time the present arrangement may continue.

ITEM 3.   LEGAL PROCEEDINGS.

     The Company is not a party to any material pending legal proceedings
and, to the best of its knowledge, no action has been threatened by or against
the Company.

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

     No matter was submitted to a vote of security holders through the
solicitation of proxies or otherwise during the fourth quarter of the fiscal
year covered by this report.

                               PART II

ITEM 5.   MARKET FOR COMMON EQUITY AND RELATED STOCKHOLDER MATTERS.

     (A)  MARKET INFORMATION.

     The Common Stock of the Company is quoted on the Electronic Bulletin
Board maintained by the National Association of Securities Dealers, Inc. under
the symbol FGIV, but has not been traded in the over-the-counter market except
on a very limited and sporadic basis. The following sets forth high and low
bid price quotations for each calendar quarter during the last two fiscal
years that trading occurred or quotations were available. Such quotations
reflect inter-dealer prices, without retail mark-up, mark-down or commission
and may not represent actual transactions.

     Quarter Ended                 High                     Low
     March 31, 2005                $ .30                    $ .30
     June 30, 2005                 $ .75                    $ .05
     September 30, 2005            $ .75                    $ .75
     December 31, 2005             $ .65                    $ .65
     March 31, 2006                $   .70                  $ .70
     June 30, 2006                 $   .79                  $ .79
     September 30, 2006            $   .79                  $ .79
     December 31, 2006             $ 2.05                   $ .80

<PAGE>

     (B)  HOLDERS.

     As of March 16, 2007, there were about 24 record holders of the Common
Stock.

     (C)  DIVIDENDS.

     First Growth Investors has not previously paid any cash dividends on
common stock and does not anticipate or contemplate paying dividends on common
stock in the foreseeable future.  Management's present intention is to utilize
all available funds for the development of the business.  The only
restrictions that limit the ability to pay dividends on common equity or that
are likely to do so in the future, are those restrictions imposed by law.
Under Nevada corporate law, no dividends or other distributions may be made
which would render a company insolvent or reduce assets to less than the sum
of liabilities plus the amount needed to satisfy outstanding liquidation
preferences.

ITEM 6.   MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION.
          PLAN OF OPERATIONS.

     The Company is not presently engaged in any business activities and has
no operations,  income producing assets or significant operating capital.
Management's plan of operation for the next twelve months is to continue to
receive shareholder advances as necessary to provide general working capital
to (i) handle the administrative and reporting requirements of a public
company, and (ii) search for potential businesses, products, technologies and
companies for acquisition. Presently the Company's principal activity has been
to investigate potential acquisitions. At this time, we have no significant
operating capital and do not know how long it will be necessary to fund
necessary expenditures from shareholder advances, of which there is no
assurance. There is also no assurance the Company could become involved with
any business venture, especially any business venture requiring significant
capital. We cannot anticipate what, if any, capital commitments for product
research and development or significant purchases of plant or equipment, or
change in the number of employees there may be, prior to completing a suitable
business acquisition.  At December 31, 2006, indebtedness of the Company to
certain shareholders in the amount of $9,408 was forgiven and contributed to
capital.

     The accompanying financial statements have been prepared in conformity
with accounting principles generally accepted in the United States of America,
which contemplate continuation of the Company as a going concern. However, the
Company has incurred losses, has not established profitable operations and has
current liabilities in excess of current assets. These factors raise
substantial doubt about the ability of the Company to continue as a going
concern. In this regard, management is proposing to raise any necessary
additional funds not provided by operations through loans and/or through
additional sales of its common stock.  This may require additional advances
from stockholders to pay accounting and legal fees associated with its
filings. There is no assurance that the Company will be successful in raising

<PAGE>

this additional capital or in achieving profitable operations. The financial
statements do not include any adjustments that might result from the outcome
of these uncertainties.

ITEM 7.   FINANCIAL STATEMENTS.

     See attached Financial Statements and Schedules.

ITEM 8.   CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND
          FINANCIAL DISCLOSURE.

     There are not and have not been any disagreements between the Company
and their accountants on any matter of accounting principles or practices or
financial statement disclosure.

ITEM 8A.  CONTROLS AND PROCEDURES.

     The issuer's principal executive officer or officers and principal
financial officer or officers, or persons performing similar functions, are
responsible for establishing and maintaining disclosure controls and
procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and
internal control over financial reporting (as defined in Exchange Act Rules
13a-15(f) and 15d-15(f)) for the issuer and have:

     designed such disclosure controls and procedures, or caused such
disclosure controls and procedures to be designed under their supervision,  to
ensure that material information relating to the issuer, including its
consolidated subsidiaries, is made known to them by others within those
entities, particularly during the period in which the periodic reports are
being prepared;

     designed such internal control over financial reporting, or caused such
internal control over financial reporting to be designed under their
supervision, to provide reasonable assurance regarding the reliability of
financial reporting and the preparation of financial statements for external
purposes in accordance with generally accepted accounting principles;

     evaluated the effectiveness of the issuer's disclosure controls and
procedures as of the end of the fiscal year (the "Evaluation Date").

     Based on their evaluation as of the Evaluation Date, their conclusions
about the effectiveness of the disclosure controls and procedures were that
nothing indicated:

     any significant deficiencies in the design or operation of internal
controls which could adversely affect the issuer's ability to record, process,
summarize and report financial data;

     any fraud, whether or not material, that involves management or other
employees who have a significant role in the issuer's internal controls; or

<PAGE>

     any material weaknesses in internal controls that have been or should be
identified for the issuer's auditors and disclosed to the issuer's auditors
and the audit committee of the board of directors (or persons fulfilling the
equivalent function).

     Changes in internal control over financial reporting. There was no
significant change in the issuer's internal control over financial reporting
that occurred during the most recent fiscal quarter that has materially
affected, or is reasonably likely to materially affect, the issuer's internal
control over financial reporting.

ITEM 8B. OTHER INFORMATION.

     The Company is disclosing, in lieu of a report on Form 8-K which would
otherwise be required to be filed, information on the change in control
disclosed in Item 11 of this annual report on Form 10-KSB. The Company is a
shell company not presently engaged in any business activities and has no
operations. Presently the Company's principal activity has been to investigate
potential acquisitions. If any suitable potential business acquisition is
located and completed, it will then file a report on Form 8-K disclosing the
information that would be required if the Company were filing a general form
for registration of securities on Form 10.

                               PART III

ITEM 9.   DIRECTORS, EXECUTIVE OFFICERS, PROMOTERS AND CONTROL PERSONS;
          COMPLIANCE WITH SECTION 16(A) OF THE EXCHANGE ACT

     (A)  IDENTIFY DIRECTORS AND EXECUTIVE OFFICERS.

     The following table sets forth the sole director and executive officer
of the Company, her age, and all offices and positions with the Company.  A
director is elected for a period of one year and thereafter serves until her
successor is duly elected by the stockholders and qualifies.  Officers and
other employees serve at the will of the Board of Directors.
<TABLE>
<S>                  <C>               <C>
                     Term Served As    Positions
Name of Director Age Director/Officer  With Company

Pam Jowett       53  Since inception   President & Secretary/Treasurer
</TABLE>

     A brief description of her background and business experience is as
follows:

     PAM JOWETT  serves as President, Secretary/Treasurer and Director of the
Company.  Ms. Jowett has been self employed for many years as a nail
technician in the beauty industry.  Ms. Jowett also serves as President and
Director of Fashion Tech International, Inc. another company subject to the
reporting requirements of the Securities Exchange Act of 1934.

<PAGE>

     The director holds no other directorships in any company subject to the
reporting requirements of the Securities Exchange Act of 1934.

     (B)  IDENTIFY SIGNIFICANT EMPLOYEES.

     None other than the person previously identified.

     (C)  FAMILY RELATIONSHIPS.

     None

     (D)  INVOLVEMENT IN CERTAIN LEGAL PROCEEDINGS.

     Except as described herein, no present officer or director of the
Company; 1) has had any petition filed, within the past five years, in Federal
Bankruptcy or state insolvency proceedings on such person's behalf or on
behalf of any entity of which such person was an officer or general partner
within two years of filing; or 2) has been convicted in a criminal proceeding
within the past five years or is currently a named subject of a pending
criminal proceeding; or 3) has been the subject, within the past five years,
of any order, judgment, decree or finding (not subsequently reversed,
suspended or vacated) of any court or regulatory authority involving violation
of securities or commodities laws, or barring, suspending, enjoining or
limiting any activity relating to securities, commodities or other business
practice.

     (E)  AUDIT COMMITTEE FINANCIAL EXPERT.  The issuer does not have an
audit committee financial expert serving on its audit committee, due to lack
of funds. The Company is not presently engaged in any significant business
activities and has no operations or assets.

     COMPLIANCE WITH SECTION 16(A) OF THE EXCHANGE ACT.  Section 16(a) is
inapplicable.

     CODE OF ETHICS. The issuer has adopted a code of ethics that applies to
the issuer's principal executive officer, principal financial officer,
principal accounting officer or controller, or persons performing similar
functions. For purposes of this Item, the term code of ethics means written
standards that are reasonably designed to deter wrongdoing and to promote:
Honest and ethical conduct, including the ethical handling of actual or
apparent conflicts of interest between personal and professional
relationships; Full, fair, accurate, timely, and understandable disclosure in
reports and documents that the issuer files with, or submits to, the
Commission and in other public communications made by the issuer; Compliance
with applicable governmental laws, rules and regulations;  The prompt internal
reporting of violations of the code to the board of directors or another
appropriate person or persons; and Accountability for adherence to the code.
The issuer hereby undertakes to provide to any person without charge, upon
request, a copy of such code of ethics. Such request may be made in writing to
the board of directors at the address of the issuer.

<PAGE>

ITEM 10.  EXECUTIVE COMPENSATION.

     The Company has not paid any cash compensation to its executive officer
to date.

COMPENSATION OF DIRECTORS     None

EMPLOYMENT CONTRACTS AND TERMINATION OF EMPLOYMENT AND CHANGE-IN-CONTROL
ARRANGEMENTS

     The Company has not entered into any contracts or arrangements with any
named executive officer which would provide such individual with a form of
compensation resulting from such individual's resignation, retirement or any
other termination of such executive officer's employment with the Company or
its subsidiary, or from a change-in-control of the Company or a change in the
named executive officer's responsibilities following a change-in-control.

ITEM 11.  SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT.

     The following table contains stock ownership information about officers
or directors, and other stockholders who we know to be beneficial owners of
more than 5% of our stock. A beneficial owner of stock is any person who has
or shares the power to decide how to vote or whether to dispose of the stock.
<TABLE>
<S>                   <C>       <C>                  <C>
                      Title of  Amount & Nature of   % of
Name and Address       Class    Beneficial Ownership Class

Pam Jowett             Common   1,575,000 shares     79%
2508 S. 1300 E.
SLC, UT 84106

Lynn Dixon             Common     175,000 shares      9%
311 S. State, #460
SLC, UT 84111

All officers and       Common   1,575,000 shares     79%
directors as a group (1person)

</TABLE>

     The foregoing amounts include all shares these persons are deemed to
beneficially own regardless of the form of ownership.

CHANGES IN CONTROL

     On March 30, 2007, Pam Jowett agreed to allow certain persons to
purchase 1,540,000 shares of her common stock at a price of $.01 per share,
for total consideration of $15,400 cash, paid with the purchasers' personal
funds. The purchasers are set forth as follows:

<PAGE>

<TABLE>
<S>                           <C>           <C>         <C>
Name & Address (1)            Shares        Amount($)   % (2)

Devonshire Partners, LLC         568,333     $5,684.00  28.4%
Thomas G. Kimble
311 So State Street #440
Salt Lake City, Utah 84111

Lynn Dixon                       393,334 (3) $3,934.00  19.7%
311 So State Street #460
Salt Lake City, Utah 84111

Van L. Butler                     10,000       $100.00    .5%
311 So State Street #440
Salt Lake City, Utah 84111

Real Path, Inc. -                400,000     $4,000.00  20%
Sue Rupert
2232 South Nellis Blvd #211
Las Vegas, NV 89104

Laszlo Schwartz -                168,333     $1,684.00   8.4%
14 Dover Terrace
Monsey, NY 10952

Totals                        1,540,000     $15,402.00  77%
</TABLE>

(1)  The individual person shown with respect to any entity listed above has
     been represented to the Issuer as the sole beneficial owner of said
     entity.

(2)  This is based on 2,000,000 shares outstanding.

(3)  Does not include an additional 175,000 shares owned by Mr. Dixon.

ITEM 12.  CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS.

     The Company has entered into certain transactions with officers,
directors or affiliates of the Company which include the following:

     In connection with the organization, initial stockholders paid an
aggregate of $5,050 cash to purchase 1,750,000 shares of Common Stock at a
price of $.0029 per share.

<PAGE>

     Except as disclosed in this item, in notes to the financial statements
or elsewhere in this report, the Company is not aware of any indebtedness or
other transaction in which the amount involved exceeds $60,000 between the
Company and any officer, director, nominee for director, or 5% or greater
beneficial owner of the Company or an immediate family member of such person;
nor any relationship in which a director or nominee for director of the
Company was also an officer, director, nominee for director, greater than 10%
equity owner, partner, or member of any firm or other entity which received
from or paid the Company, for property or services, amounts exceeding 5% of
the gross annual revenues or total assets of the Company or such other firm or
entity.

ITEM 13.  EXHIBITS.

     EXHIBITS to this report are all documents previously filed which are
incorporated herein as exhibits to this report by reference to registration
statements and other reports previously filed by the Company pursuant to the
Securities Act of 1933 and the Securities Exchange Act of 1934.

     Exhibits required by Item 601 of Regulation S-B.

          31. Certifications required by Rules 13a-14(a) or 15d-14(a).
          32. Section 1350 Certifications

ITEM 14. PRINCIPAL ACCOUNTANT FEES AND SERVICES.

(1) AUDIT FEES
     The aggregate fees billed for each of the last two fiscal years for
professional services rendered by the principal accountant for the audit of
the Company's annual financial statements and review of financial statements
included in the Company's Form 10-Q (17 CFR 249.308a) or 10-QSB (17 CFR
249.308b) or services that are normally provided by the accountant in
connection with statutory and regulatory filings or engagements for those
fiscal years was $3,840  for the fiscal year ended December 31, 2005. and
$5,620 for the fiscal year ended December 31, 2006.

(2) AUDIT-RELATED FEES
     The aggregate fees billed in each of the last two fiscal years for
assurance and related services by the principal accountant that are reasonably
related to the performance of the audit or review of the Company's financial
statements was $-0- for the fiscal year ended December 31, 2005, and $-0- for
the fiscal year ended December 31, 2006.

(3) TAX FEES
     The aggregate fees billed in each of the last two fiscal years for
professional services rendered by the principal accountant for tax compliance,
tax advice, and tax planning was $250 for the fiscal year ended December 31,
2005, and $250 for the fiscal year ended December 31, 2006.

<PAGE>

(4) ALL OTHER FEES
     The aggregate fees billed in each of the last two fiscal years for
products and services provided by the principal accountant, other than the
services reported above was $-0- for the fiscal year ended December 31, 2005,
and $-0- for the fiscal year ended December 31, 2006.

(5) PRE-APPROVAL POLICIES AND PROCEDURES
     Before the accountant is engaged by the issuer to render audit or non-
audit services, the engagement is approved by the company's board of directors
acting as the audit committee.


<PAGE>










                       FIRST GROWTH INVESTORS, INC.
                       [A Development Stage Company]

                           FINANCIAL STATEMENTS

                             DECEMBER 31, 2006






















<PAGE>


                       FIRST GROWTH INVESTORS, INC.
                       [A Development Stage Company]




                                 CONTENTS

                                                                     PAGE

        -  Report of Independent Registered Public Accounting Firm     1


        -  Balance Sheet, December 31, 2006                            2


        -  Statements of Operations, for the years
            ended December 31, 2006 and 2005
            and from inception on September 9, 1997
            through December 31, 2006                                  3

        -  Statement of Stockholders' Equity (Deficit),
            from inception on September 9, 1997 through
            December 31, 2006                                        4 - 5

        -  Statements of Cash Flows, for the years
            ended December 31, 2006 and 2005
            and from inception on September 9, 1997
            through December 31, 2006                                  6


        -  Notes to Financial Statements                             7 - 11












<PAGE>


          REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM



Board of Directors
First Growth Investors, Inc.
Salt Lake City, Utah

We  have audited the accompanying balance sheet of First Growth Investors,
Inc.  [a  development  stage company] as of December  31,  2006,  and  the
related statements of operations, stockholders' equity (deficit) and  cash
flows  for  the years ended December 31, 2006 and 2005 and for the  period
from  inception  on September 9, 1997 through December  31,  2006.   These
financial  statements are the responsibility of the Company's  management.
Our  responsibility is to express an opinion on these financial statements
based on our audits.

We  conducted  our audits in accordance with the standards of  the  Public
Company  Accounting  Oversight  Board (United  States).   Those  standards
require  that we plan and perform the audit to obtain reasonable assurance
about  whether the financial statements are free of material misstatement.
The  Company  is not required to have, nor were we engaged to perform,  an
audit  of  its  internal  control  over financial  reporting.   Our  audit
included consideration of internal control over financial reporting  as  a
basis  for  designing  audit  procedures  that  are  appropriate  in   the
circumstances,  but not for the purpose of expressing an  opinion  on  the
effectiveness of the Company's internal control over financial  reporting.
Accordingly, we express no such opinion.  An audit includes examining,  on
a  test  basis,  evidence supporting the amounts and  disclosures  in  the
financial  statements.   An audit also includes assessing  the  accounting
principles used and significant estimates made by management, as  well  as
evaluating the overall financial statement presentation.  We believe  that
our audits provide a reasonable basis for our opinion.

In our opinion, the financial statements referred to above present fairly,
in   all  material  respects,  the  financial  position  of  First  Growth
Investors, Inc. as of December 31, 2006, and the results of its operations
and  its cash flows for the years ended December 31, 2006 and 2005 and for
the  period from inception on September 9, 1997 through December 31, 2006,
in  conformity with accounting principles generally accepted in the United
States of America.

The  accompanying  financial statements have been prepared  assuming  that
First  Growth  Investors,  Inc. will continue  as  a  going  concern.   As
discussed  in Note 5 to the financial statements, First Growth  Investors,
Inc.  has  incurred losses since its inception and has not yet established
profitable  operations.  Further, the Company has current  liabilities  in
excess of current assets.  These factors raise substantial doubt about the
ability of the Company to continue as a going concern.  Management's plans
in  regards to these matters are also described in Note 5.  The  financial
statements  do  not  include any adjustments that might  result  from  the
outcome of these uncertainties.



PRITCHETT, SILER & HARDY, P.C.
March 5, 2007
Salt Lake City, Utah



<PAGE>

                       FIRST GROWTH INVESTORS, INC.
                       [A Development Stage Company]

                               BALANCE SHEET


                                  ASSETS


                                                      December 31,
                                                          2006
                                                      ___________
CURRENT ASSETS:
  Cash                                                 $        -
                                                      ___________
        Total Current Assets                                    -
                                                      ___________
                                                       $        -
                                                     ____________


              LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)


CURRENT LIABILITIES:
  Accounts payable                                     $    1,225

                                                      ___________
        Total Current Liabilities                           1,225
                                                      ___________

STOCKHOLDERS' EQUITY (DEFICIT):
  Preferred stock, $.001 par value,
   1,000,000 shares authorized,
   no shares issued and outstanding                             -
  Common stock, $.001 par value,
   24,000,000 shares authorized,
   2,000,000 shares issued and
   outstanding                                              2,000
  Capital in excess of par value                           90,380
  Deficit accumulated during the
   development stage                                     (93,605)
                                                      ___________
        Total Stockholders' Equity (Deficit)              (1,225)
                                                      ___________
                                                      $        -
                                                     ____________







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

                                  -2-
<PAGE>

                       FIRST GROWTH INVESTORS, INC.
                       [A Development Stage Company]

                         STATEMENTS OF OPERATIONS

                                       For the        From Inception
                                      Year Ended      on September 9,
                                     December 31,     1997, Through
                               _____________________   December 31,
                                   2006       2005        2006
                               _________   _________    __________
REVENUE                        $      -    $      -     $       -

EXPENSES:
  General and administrative      9,125       7,235        29,995
                               _________   _________    __________

LOSS BEFORE OTHER INCOME
 (EXPENSE)                       (9,125)     (7,235)      (29,995)
                               _________   _________    __________

OTHER INCOME (EXPENSE):
  Interest Expense                 (463)       (330)       (8,354)
                               _________   _________    __________

LOSS BEFORE INCOME TAXES         (9,588)     (7,565)      (38,349)

CURRENT TAX EXPENSE                    -          -             -

DEFERRED TAX EXPENSE                   -          -             -
                               _________   _________    __________
LOSS FROM CONTINUING
OPERATIONS                       (9,588)     (7,565)      (38,349)
                               _________   _________    __________
DISCONTINUED OPERATIONS:
  Loss from operations
   of discontinued wine
   investment business
   (net of $0 in
    income taxes)                     -           -       (54,506)
  Gain (loss) on disposal
   of discontinued wine
    investment business
    operations (net
    of $0 in income taxes             -           -             -
                               _________   _________    __________
LOSS FROM DISCONTINUED
OPERATIONS                            -           -       (54,506)
                               _________   _________    __________
CUMULATIVE EFFECT OF
 CHANGE IN ACCOUNTING
 PRINCIPLE                            -           -          (750)
                               _________   _________    __________
NET LOSS                       $ (9,588)   $ (7,565)    $ (93,605)
                               _________   _________    __________
LOSS PER COMMON SHARE:
  Continuing operations            (.00)       (.00)
  Discontinued operations             -                         -
  Gain (loss) on disposal of
     discontinued operations          -           -
  Cumulative effect of change in
     accounting principle             -           -
                               _________   _________
  Net Loss Per Common Share    $   (.00)   $   (.00)
                               _________   _________


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

                                -3-
<PAGE>

                       FIRST GROWTH INVESTORS, INC.
                       [A Development Stage Company]

                STATEMENT OF STOCKHOLDERS' EQUITY (DEFICIT)

              FROM THE DATE OF INCEPTION ON SEPTEMBER 9, 1997

                         THROUGH DECEMBER 31, 2006


                                                        Capital   Deficit
                                                          in      Accumulated
                  Preferred Stock     Common Stock      Excess    During the
                   ______________  __________________   of Par    Development
                   Shares  Amount    Shares   Amount     Value    Stage
                   ______  ______  _________  _______  ________   ___________
BALANCE,
 September 9, 1997      -  $    -          -  $     -  $      -   $        -

Shares issued
 to initial
 stockholders
 for cash,
 September 18,
 1997 at
 approximately
 $.0029 per share       -       -  1,750,000    1,750     3,300            -

Shares issued
 upon completion
 of offering of
 stock to the
 public at $.20
 per share,
 November 1997          -       -    250,000      250    49,750            -

Direct costs of
 the offering of
 common stock
 to the public          -       -          -        -    (5,688)           -

Net income (loss)
 from September 9,
 1997 (inception)
 to December 31,
 1997                   -       -          -        -         -       (2,350)
                   ______  ______  _________  _______  ________   ___________
BALANCE,
 December 31, 1997      -       -  2,000,000    2,000    47,362       (2,350)

Net loss for the
 year ended
 December 31, 1998      -       -          -        -         -       (1,440)
                   ______  ______  _________  _______  ________   ___________
BALANCE,
 December 31, 1998      -       -  2,000,000    2,000    47,362       (3,790)

Net income for the
 year ended
 December 31, 1999      -       -          -        -         -       14,032
                   ______  ______  _________  _______  ________   ___________
BALANCE,
 December 31, 1999      -       -  2,000,000    2,000    47,362       10,242

Net loss for the
 year ended
 December 31, 2000      -       -          -        -         -       (5,315)
                   ______  ______  _________  _______  ________   ___________
BALANCE,
 December 31, 2000      -       -  2,000,000    2,000    47,362        4,927

Net loss for the
 year ended
 December 31, 2001      -       -          -        -         -      (20,816)
                   ______  ______  _________  _______  ________   ___________
BALANCE,
 December 31, 2001      -       -  2,000,000    2,000    47,362      (15,889)

Net loss for the
 year ended
 December 31, 2002      -       -          -        -         -      (43,629)
                   ______  ______  _________  _______  ________   ___________
BALANCE,
 December 31, 2002      -       -  2,000,000    2,000    47,362      (59,518)




                                [Continued]

                                    -4-
<PAGE>


                       FIRST GROWTH INVESTORS, INC.
                       [A Development Stage Company]

                STATEMENT OF STOCKHOLDERS' EQUITY (DEFICIT)

              FROM THE DATE OF INCEPTION ON SEPTEMBER 9, 1997

                         THROUGH DECEMBER 31, 2006

                                [Continued]


                                                        Capital   Deficit
                                                          in      Accumulated
                  Preferred Stock     Common Stock      Excess    During the
                   ______________  __________________   of Par    Development
                   Shares  Amount    Shares   Amount     Value    Stage
                   ______  ______  _________  _______  ________   ___________

Net loss for the
 year ended
 December 31, 2003      -       -          -        -         -       (8,304)
                   ______  ______  _________  _______  ________   ___________
BALANCE,
 December 31, 2003      -       -  2,000,000    2,000    47,362      (67,822)

Debt forgiven by
 shareholders as
 a contribution
 to capital             -       -          -        -    26,673            -

Net loss for the
 year ended
 December 31, 2004      -       -          -        -         -       (8,630)
                   ______  ______  _________  _______  ________   ___________
BALANCE,
 December 31, 2004      -       -  2,000,000    2,000    74,035      (76,452)

Debt forgiven
 by shareholders
 as a contribution
 to capital             -       -          -        -     6,937            -

Net loss for the
 year ended
 December 31, 2005      -       -          -        -         -       (7,565)
                   ______  ______  _________  _______  ________   ___________

BALANCE,
 December 31, 2005      -       -  2,000,000    2,000    80,972      (84,017)

Debt forgiven
 by shareholders
 as a contribution
 to capital             -       -          -        -     9,408            -

Net loss for the
 year ended
 December 31, 2006      -       -          -        -         -       (9,588)
                   ______  ______  _________  _______  ________   ___________

BALANCE,
 December 31, 2006      -  $    -  2,000,000  $ 2,000  $ 90,380    $ (93,605)
                   ______  ______  _________  _______  ________   ___________












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

                                   -5-
<PAGE>

                       FIRST GROWTH INVESTORS, INC.
                       [A Development Stage Company]

                         STATEMENTS OF CASH FLOWS


                                        For the        From Inception
                                       Year Ended      on September 9,
                                      December 31,     1997, Through
                                _____________________   December 31,
                                     2006      2005         2006
                                _________   _________    __________
Cash Flows From
 Operating Activities:
  Net loss                      $ (9,588)   $ (7,565)    $ (93,605)
  Adjustments to reconcile
   net loss to net cash
   used by operating
   activities:
    Non-cash expense                 463         330         7,171
    Amortization expense               -           -           250
    Effect of change
     in accounting principle           -           -           750
    Change in assets
     and liabilities:
      Increase(decrease)
       in accounts payable           180        (775)        1,225
                                _________   _________    __________
        Net Cash (Used) by
         Operating Activities     (8,945)     (8,010)      (84,209)
                                _________   _________    __________
Cash Flows From
 Investing Activities:
  Payment of
   organization costs                  -           -        (1,000)
                                _________   _________    __________
        Net Cash (Used) by
         Investing Activities          -           -        (1,000)
                                _________   _________    __________
Cash Flows From
 Financing Activities:
  Proceeds from advances
   from shareholders               8,945       6,607        35,847
  Proceeds from common
   stock issuance                      -           -        55,050
  Stock offering costs                 -           -        (5,688)
  Proceeds from short-term
   loan and advance                    -           -        27,350
  Payments on short-term
   loan and advance                    -           -       (27,350)
                                _________   _________    __________
        Net Cash Provided by
         Financing Activities      8,945       6,607        85,209
                                _________   _________    __________
Net Increase (Decrease)
  in Cash                              -      (1,403)            -

Cash at Beginning of Period            -       1,403             -
                                _________   _________    __________
Cash at End of Period           $      -    $      -    $        -
                                _________   _________    __________

Supplemental Disclosures of Cash Flow Information:
  Cash paid during the periods for:
    Interest                    $      -    $      -    $      994
    Income taxes                $      -    $      -    $    1,905

Supplemental Schedule of Noncash Investing and Financing Activities:

  For the year ended December 31, 2006:
     Shareholders forgave debts and accrued interest totaling $9,408.  Due
     to  the  related party nature of the debt, the Company  recorded  the
     forgiveness as a contribution to Capital.

  For the year ended December 31, 2005:
     Shareholders forgave debts and accrued interest totaling $6,937.  Due
     to  the  related party nature of the debt, the Company  recorded  the
     forgiveness as a contribution to Capital.




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

                                  -6-
<PAGE>

                       FIRST GROWTH INVESTORS, INC.
                       [A Development Stage Company]

                       NOTES TO FINANCIAL STATEMENTS

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

  Organization  -  First  Growth  Investors,  Inc.  ("the  Company")   was
  organized  under the laws of the State of Nevada on September  9,  1997.
  The   Company  previously  bought  and  sold  investments  in  wine  and
  champagne.  The Company is currently seeking a possible merger  with  or
  acquisition   of  another  company.   The  Company  has  not   generated
  significant  revenues and is considered a development stage  company  as
  defined  in  Statement  of Financial Accounting Standards  No.  7.   The
  Company  has,  at  the  present time, not paid  any  dividends  and  any
  dividends  that may be paid in the future will depend upon the financial
  requirements of the Company and other relevant factors.

  Cash  and  Cash  Equivalents - The Company considers all  highly  liquid
  debt  investments purchased with a maturity of three months or  less  to
  be cash equivalents.

  Inventory  -  Inventory is carried at the lower of cost or market  using
  the first-in, first-out (FIFO) method.

  Revenue  Recognition - The Company recognizes revenue  from  sales  upon
  delivery of the product.

  Income Taxes - The Company accounts for income taxes in accordance  with
  Statement  of  Financial Accounting Standards No. 109,  "Accounting  for
  Income  Taxes."  This statement requires an asset and liability approach
  for accounting for income taxes.  [See Note 4]

  Loss  Per Share - The Company computes loss per share in accordance with
  Statement  of  Financial  Accounting Standards  No.  128  "Earnings  Per
  Share,"  which  requires the Company to present basic and dilutive  loss
  per share when the effect is dilutive [See Note 7].

  Accounting  Estimates  -  The  preparation of  financial  statements  in
  conformity  with accounting principles generally accepted in the  United
  States  of America requires management to make estimates and assumptions
  that  affect  the  reported  amounts  of  assets  and  liabilities,  the
  disclosures  of  contingent assets and liabilities at the  date  of  the
  financial statements, and the reported amounts of revenues and  expenses
  during  the  reporting period.  Actual results could differ  from  those
  estimated by management.

  Recently  Enacted Accounting Standards - Statement of Financial Accounting
  Standards ("SFAS") No. 151, "Inventory Costs - an amendment of ARB No. 43,
  Chapter  4",  SFAS  No.  152,  "Accounting for  Real  Estate  Time-Sharing
  Transactions  - an amendment of FASB Statements No. 66 and 67",  SFAS  No.
  153,  "Exchanges of Nonmonetary Assets - an amendment of APB  Opinion  No.
  29", SFAS No. 123 (revised 2004), "Share-Based Payment", and SFAS No. 154,
  "Accounting  Changes and Error Corrections - a replacement of APB  Opinion
  No.  20  and FASB Statement No. 3", SFAS No. 155, "Accounting for  Certain
  Hybrid Financial Instruments - an amendment of FASB Statements No. 133 and
  140",  SFAS No. 156, " Accounting for the Servicing of Financial  Assets",
  SFAS  No.  157,  "Fair Value Measurements", and SFAS No. 158,  "Employers'
  Accounting  for  Defined  Pension  and Other  Postretirement  Plans  -  an
  amendment  of FASB Statements No. 87, 88, 106, and 132(R)*, were  recently
  issued.

                                  -7-
<PAGE>

                       FIRST GROWTH INVESTORS, INC.
                       [A Development Stage Company]

                       NOTES TO FINANCIAL STATEMENTS

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Cont.)

  SFAS No. 151, 152, 153, 123 (revised 2004), 154, 155, 156, 157, and  158
  have  no  current applicability to the Company or their  effect  on  the
  financial statements would not have been significant.

  Reclassification  -  The  financial  statements  for  periods  prior  to
  December 31, 2006 have been reclassified to conform to the headings  and
  classifications used in the December 31, 2006 financial statements.

NOTE 2 - DISCONTINUED OPERATIONS

  On  December  31,  2003, the Company discontinued  its  wine  investment
  business.   The  Company has accounted for this disposal  in  accordance
  with  Statement  of Financial Accounting Standards No. 144,  "Accounting
  for  the Impairment or Disposal of Long-Lived Assets".  At December  31,
  2006,  the  Company  had no assets or liabilities  associated  with  its
  discontinued wine investment business.

  The  following  is  a  summary  of the  results  of  operations  of  the
  Company's discontinued wine investment business:

                                                            From Inception
                                     For the Year Ended     on September 9,
                                        December 31,        1997, Through
                                    _____________________   December 31,
                                       2006       2005         2006
                                    _________   _________    _________
         Revenue                    $       -   $       -    $ 99,820
         Cost of goods sold                 -           -    (118,168)
         General and administrative         -           -     (35,253)
         Other income                       -           -       1,000
         Income Taxes                       -           -      (1,905)
                                    _________   _________    _________
         Net loss                   $       -   $       -    $(54,506)
                                    _________   _________    _________

NOTE 3 - CAPITAL STOCK

  Preferred  Stock  -  The  Company  has authorized  1,000,000  shares  of
  preferred  stock,  $.001  par value, with such rights,  preferences  and
  designations and to be issued in such series as determined by the  Board
  of  Directors.   No shares are issued and outstanding  at  December  31,
  2006.

  Common  Stock  - In September 1997, in connection with its organization,
  the  Company  issued 1,750,000 shares of its previously  authorized  but
  unissued  common stock.  Total proceeds from the sale of stock  amounted
  to $5,050 (or approximately $.0029 per share).

  In  November  1997, the Company issued 250,000 shares of its  previously
  authorized, but unissued common stock.  Total proceeds from the sale  of
  stock amounted to $50,000 (or $.20 per share).  Stock offering costs  of
  $5,688  were  netted against the proceeds as a reduction to  capital  in
  excess of par value.

                                 -8-
<PAGE>

                       FIRST GROWTH INVESTORS, INC.
                       [A Development Stage Company]

                       NOTES TO FINANCIAL STATEMENTS

NOTE 3 - CAPITAL STOCK (Cont.)

  Common  Stock  Warrants - In 1999, the Company declared  a  dividend  of
  1,000,000  warrants  to  purchase common stock at  $1.00  per  share  to
  shareholders  of  record  as  of  September  30,  1999.   All  1,000,000
  warrants expired on June 30, 2002.

NOTE 4 - INCOME TAXES

  The  Company  accounts for income taxes in accordance with Statement  of
  Financial  Accounting Standards No. 109, "Accounting for Income  Taxes".
  SFAS  No.  109  requires  the  Company to provide  a  net  deferred  tax
  asset/liability  equal  to the expected future  tax  benefit/expense  of
  temporary reporting differences between book and tax accounting  methods
  and  any  available  operating loss or tax  credit  carryforwards.   The
  Company   has  available  at  December  31,  2006,  an  operating   loss
  carryforward  of  approximately $91,500, which may  be  applied  against
  future taxable income and which expires in various years through 2026.

  The  amount  of  and  ultimate realization  of  the  benefits  from  the
  operating  loss carryforwards for income tax purposes is  dependent,  in
  part,  upon the tax laws in effect, the future earnings of the  Company,
  and  other  future  events, the effects of which cannot  be  determined.
  Because  of  the  uncertainty surrounding the realization  of  the  loss
  carryforwards,  the Company has established a valuation allowance  equal
  to  the tax effect of the loss carryforwards and, therefore, no deferred
  tax  asset  has  been  recognized for the loss carryforwards.   The  net
  deferred  tax asset is approximately $31,100 and $27,900 as of  December
  31,  2006 and 2005, respectively, with an offsetting valuation allowance
  of  the same amount.  The change in the valuation allowance for the year
  ended December 31, 2006 is approximately $3,200.

NOTE 5 - GOING CONCERN

  The  accompanying financial statements have been prepared in  conformity
  with  accounting principles generally accepted in the United  States  of
  America,  which  contemplate continuation of  the  Company  as  a  going
  concern.   However, the Company has incurred losses since inception  and
  has   no   on-going  operations.   Further,  the  Company  has   current
  liabilities   in  excess  of  current  assets.   These   factors   raise
  substantial  doubt about the ability of the Company  to  continue  as  a
  going  concern.  In this regard, management is proposing  to  raise  any
  necessary additional funds not provided by operations through  loans  or
  through  additional sales of its common stock.  There  is  no  assurance
  that  the Company will be successful in raising this additional  capital
  or  in achieving profitable operations.  The financial statements do not
  include  any  adjustments that might result from the  outcome  of  these
  uncertainties.


                                  -9-
<PAGE>


                       FIRST GROWTH INVESTORS, INC.
                       [A Development Stage Company]

                       NOTES TO FINANCIAL STATEMENTS

NOTE 6 - RELATED PARTY TRANSACTIONS

  Management  Compensation - The Company has not paid any compensation  to
  its  officers  and directors, as the services provided by them  to  date
  have only been nominal.

  Office Space - The Company has not had a need to rent office space.   An
  officer/shareholder of the Company is allowing the Company  to  use  her
  office as a mailing address, as needed, at no expense to the Company.

  Advances  from Related Party - During the year ended December  31,  2006
  and  December 31, 2005, a shareholder of the Company had loaned a  total
  of  $8,945  and $6,607 respectively, to the Company.  The  advances  are
  due  on  demand  and bear interest at 10% per annum.   Accrued  interest
  expense  at  December  31,  2006 and 2005 amounted  to  $463  and  $330,
  respectively.   At  December 31, 2006 and 2005 the  shareholder  forgave
  all  the advances and accrued interest.  Due to the related party nature
  of  the  debt the Company recorded the forgiveness as a contribution  to
  capital.

NOTE 7 - LOSS PER SHARE

  The  following  data show the amounts used in computing loss  per  share
  for the periods presented:
                                  For the Year Ended
                                     December 31,
                             _____________________________
                                   2006            2005
                             _____________   _____________
  Income (loss) from
  continuing operations
  (numerator)                $     (9,588)   $     (7,565)

  Income (loss) from
  discontinued operations
 (numerator)                            -               -

  Income (loss) from
  cumulative effect of
  change in accounting
  principle (numerator)                 -               -
                             _____________   _____________
  Income (loss) available
  to common shareholders
  (numerator)                $     (9,588)   $     (7,565)
                             _____________   _____________
  Weighted average number
  of common shares
  outstanding used in
  loss per share
  for the period
  (denominator)                  2,000,000       2,000,000
                             _____________   _____________

  Dilutive loss per share was not presented, as the Company had no  common
  equivalent  shares  for  all periods presented  that  would  affect  the
  computation of diluted loss per share.


                                     -10-
<PAGE>



                       FIRST GROWTH INVESTORS, INC.
                       [A Development Stage Company]

                       NOTES TO FINANCIAL STATEMENTS

NOTE 8 - CUMULATIVE EFFECT OF CHANGE IN ACCOUNTING PRINCIPLE

  In  1997,  the  Company paid $1,000 in organization costs which  reflect
  amounts  expended to organize the Company.  The Company  was  previously
  amortizing  the costs, but during 1999, in accordance with Statement  of
  Position  98-5, the Company expensed the remaining $750 in  organization
  costs which has been accounted for as a change in accounting principle.

NOTE 9 - SUBSEQUENT EVENTS

  Change in Control  -   On March 30, 2007 the majority stockholder of the
  Company,  who previously held 1,575,000 shares (approximately 79% of the
  outstanding stock of the Company),  entered  into  a private transaction
  and sold 1,540,000 shares  (approximately  77% of the  outstanding stock
  of the Company)  to  five  separate  investors  resulting in a change in
  control of the Company.


                                     -11-


<PAGE>

                              SIGNATURES

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


First Growth Investors, Inc.



By:     /s/ Pam Jowett                               Date:   March 30, 2007
     Pam Jowett, President and Secretary/Treasurer
     Chief Executive Officer and
     Chief Financial Officer


In accordance with the Exchange Act, this report has been signed below by the
following persons on behalf of the registrant and in the capacities and the
dates indicated.



By:      /s/ Pam Jowett                               Date:    March 30, 2007
     Pam Jowett, President and Secretary/Treasurer
     Chief Executive Officer and
     Chief Financial Officer





<PAGE>

Supplemental Information to be Furnished With Reports Filed Pursuant to
Section 15(d) of the Exchange Act by Non Reporting Issuers

No annual report or proxy statement has been sent to security holders.