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

                                   FORM 10-QSB
(Mark One)

[X]      QUARTERLY REPORT UNDER SECTION 13 OR 15 (D) OF THE SECURITIES EXCHANGE
         ACT OF 1934

                  For the quarterly period ended June 30, 2007

[ ]      TRANSITION REPORT UNDER SECTION 13 OR 15 (D) OF THE SECURITIES EXCHANGE
         ACT OF 1934

                 For the transition period from______to________

                       Commission file number: 333-109458

                            Teeka Tan Products, Inc.
                            ------------------------
        (Exact name of small business issuer as specified in its charter)

                  Delaware                                13-4204191
                  --------                                ----------
      (State or other jurisdiction of                   (IRS Employer
       incorporation or organization)                 Identification No.)

         5499 North Federal Highway, Suite D, Boca Raton, Florida 33487
         --------------------------------------------------------------
                    (Address of principal executive offices)

                                  561-989-3600
                                  ------------
                           (Issuer's telephone number)

                                 not applicable
                                 --------------
              (Former name, former address and former fiscal year,
                          if changed since last report)

Check whether the issuer (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 [ ]

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

                      APPLICABLE ONLY TO CORPORATE ISSUERS

State the number of shares outstanding of each of the issuer's classes of common
equity as of the latest practicable date: 87,906,665 shares of common stock as
of August 14, 2007.

Transitional Small Business Disclosure Format: Yes [ ] No [X]

<PAGE>

                            TEEKA TAN PRODUCTS, INC.

                 Form 10-QSB for the period ended June 30, 2007

              CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

         Certain statements in this quarterly report on Form 10-QSB contain or
may contain forward-looking statements that are subject to known and unknown
risks, uncertainties and other factors which may cause actual results,
performance or achievements to be materially different from any future results,
performance or achievements expressed or implied by such forward-looking
statements. These forward-looking statements were based on various factors and
were derived utilizing numerous assumptions and other factors that could cause
our actual results to differ materially from those in the forward-looking
statements. These factors include, but are not limited to, but are not limited
to, our ability to continue to sell the Safe Sea products on an uninterrupted
basis, our ability to raise capital and satisfy our obligations as they become
due, obtain and retain customers, develop brand recognition and distributor
relationships for our products, execute our business strategy in a very
competitive environment, our degree of financial leverage, risks related to
market acceptance and demand for our products, our ability to consummate
strategic alliances, acquisitions and reverse mergers to enhance stockholder
value and other factors. Most of these factors are difficult to predict
accurately and are generally beyond our control. You should consider the areas
of risk described in connection with any forward-looking statements that may be
made herein. Readers are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date of this report.
Readers should carefully review this quarterly report in its entirety, including
but not limited to our financial statements and the notes thereto. Except for
our ongoing obligations to disclose material information under the Federal
securities laws, we undertake no obligation to release publicly any revisions to
any forward-looking statements, to report events or to report the occurrence of
unanticipated events.

         When used in this quarterly report, the terms the "Company," "we",
"our", and "us" refers to Teeka Tan Products, Inc., a Delaware corporation
formerly known as IHealth, Inc., and our subsidiary Teeka Tan, Inc., a Florida
corporation. The information which appears on our web site at www.teekatan.com
is not part of this report.

                                       ii
<PAGE>

                                      INDEX

PART I.  FINANCIAL INFORMATION

Item 1.  Financial Statements .................................................1

Consolidated Balance Sheet at June 30, 2007 (unaudited)........................1

Consolidated Statements of Operations for the three and six months ended
June 30, 2007 and 2006 (unaudited) ............................................2

Consolidated Statements of Cash Flows for the six months ended
June 30, 2007 and 2006 (unaudited) ............................................3

Notes to Consolidated Financial Statements (unaudited) ........................4

Item 2.  Management's Discussion and Analysis or Plan of Operation ...........13

Item 3.  Controls and Procedures .............................................21

PART II. OTHER INFORMATION

Item 1.  Legal Proceedings ...................................................22

Item 2.  Unregistered Sales of Equity Securities and Use of Proceeds .........22

Item 3.  Defaults Upon Senior Securities .....................................22

Item 4.  Submission of a Matters to a Vote of Security Holders ...............22

Item 5.  Other Information ...................................................22

Item 6.  Exhibits.............................................................22

                                       iii
<PAGE>

                          PART I. FINANCIAL INFORMATION

ITEM 1.  FINANCIAL STATEMENTS.

                     TEEKA TAN PRODUCTS, INC. AND SUBSIDIARY
                           Consolidated Balance Sheet
                                  June 30, 2007
                                   (Unaudited)
________________________________________________________________________________

                                     ASSETS
CURRENT ASSETS:
  Cash .........................................................    $     5,651
  Accounts receivable, net .....................................         62,811
  Inventory ....................................................         69,901
                                                                    -----------
    Total currents assets ......................................        138,363

Property and equipment, net ....................................         21,105

Deposits .......................................................          1,450
                                                                    -----------

  TOTAL ASSETS .................................................    $   160,918
                                                                    ===========

                      LIABILITIES AND STOCKHOLDERS' DEFICIT

CURRENT LIABILITIES
Account payable ................................................    $    62,669
Accrued interest ...............................................         56,876
Accrued payroll - officers' ....................................        150,000
Note payable ...................................................        200,000
                                                                    -----------
  Total current liabilities ....................................        469,545

COMMITMENTS AND CONTINGENCIES

STOCKHOLDERS' DEFICIT
Preferred stock $.0001 par value authorized 10,000 shares
  shares authorized 0 shares issued and  outstanding ...........              -
Common stock $.0001 par value authorized 200,000,000 shares
  87,706,665 shares issued and outstanding .....................          8,771
Additional paid-in capital .....................................      1,843,144
Subscription receivable ........................................        (86,250)
Accumulated deficit ............................................     (2,074,292)
                                                                    -----------
  TOTAL STOCKHOLDERS' DEFICIT ..................................       (308,627)
                                                                    -----------

  TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT ..................    $   160,918
                                                                    ===========

          See accompanying notes to consolidated financial statements.

                                        1
<PAGE>
<TABLE>
                                  TEEKA TAN PRODUCTS, INC. AND SUBSIDIARY
                                   Consolidated Statement of Operations
                         For the Three and Six Months Ended June 30, 2007 and 2006
                                                (Unaudited)
__________________________________________________________________________________________________________
<CAPTION>
                                              For the Three Months Ended       For the Six Months Ended
                                                       June 30,                        June 30,
                                                 2007            2006            2007            2006
                                             ------------    ------------    ------------    ------------
<S>                                          <C>             <C>             <C>             <C>
Sales ....................................   $     99,271    $    106,143    $    191,330    $    164,950
Cost of goods sold .......................         54,256          72,234         115,316         122,694
                                             ------------    ------------    ------------    ------------

  Gross Profit ...........................         45,015          33,909          76,014          42,256

OPERATING EXPENSES:
  General and administrative expenses ....         81,684         162,220         280,587         249,526
  Salary expense officers' ...............         75,000          70,819         150,000         120,819
  Depreciation ...........................          1,808           1,974           3,795           3,948
                                             ------------    ------------    ------------    ------------

  TOTAL OPERATING EXPENSES ...............        158,492         235,013         434,382         374,293
                                             ------------    ------------    ------------    ------------

Net loss from operations .................       (113,477)       (201,104)       (358,368)       (332,037)

Other (Income) and Expenses
  Interest expense .......................          4,985           5,391           9,918          10,455
  Interest income ........................              -          (1,165)              -          (1,165)
                                             ------------    ------------    ------------    ------------
Total other (income) expenses ............          4,985           4,226           9,918           9,290

  Net loss before income taxes ...........       (118,462)       (205,330)       (368,286)       (341,327)
                                             ------------    ------------    ------------    ------------

  Income taxes ...........................              -               -               -               -

                                             ------------    ------------    ------------    ------------
NET LOSS .................................   $   (118,462)   $   (205,330)   $   (368,286)   $   (341,327)
                                             ------------    ------------    ------------    ------------

Weighted average number of common shares
  outstanding Basic and Fully Diluted ....     88,047,319      60,022,222      85,881,939      58,295,333
                                             ============    ============    ============    ============

Basic and Fully diluted net loss per share   $      (0.00)   $      (0.00)   $      (0.00)   $      (0.01)
                                             ============    ============    ============    ============

                       See accompanying notes to consolidated financial statements.

                                                     2
</TABLE>
<PAGE>
<TABLE>
                                  TEEKA TAN PRODUCTS, INC. AND SUBSIDIARY
                                   Consolidated Statement of Cash Flows
                              For the Six Months Ended June 30, 2007 and 2006
                                                (Unaudited)
__________________________________________________________________________________________________________
<CAPTION>
                                                                                 For the Six Months Ended
                                                                                         June 30,
                                                                                    2007           2006
                                                                                 ---------      ---------
<S>                                                                              <C>            <C>
CASH FLOWS FROM OPERATING ACTIVITIES:
  Net loss ..................................................................    $(368,286)     $(341,327)
  Adjustments to reconcile net loss to net cash used in operating activities:
    Increase in reserve for uncollectible accounts receivable ...............        2,309              -
    Depreciation ............................................................        3,795          3,948
    Gain on settlement of licensing fees ....................................      (75,000)             -
    Stock compensation ......................................................       14,000         39,284
    Amortization of prepaid licenses ........................................       13,767         23,425
    Amortization of warrants and common stock ...............................      187,492          4,885
  Changes in operating assets and liabilities:
    Increase in accounts receivable .........................................      (50,293)       (44,996)
    (Increase)  in inventory ................................................       51,362        (24,653)
    Prepaid expenses ........................................................            -        (13,350)
    Decrease in other assets ................................................            -           (935)
    Accounts payable and accrued expenses ...................................       31,251         23,664
    Increase in accrued interest ............................................        9,917          9,978
    Accrued payroll .........................................................      150,000        120,833
                                                                                 ---------      ---------

CASH FLOWS USED IN OPERATING ACTIVITIES .....................................      (29,686)      (199,244)
                                                                                 ---------      ---------

CASH FLOWS FROM FINANCING ACTIVITIES
  Cash overdraft ............................................................            -          1,532
  Proceeds from payment of subscription receivable ..........................        8,750              -
  Proceeds from issuance of common stock ....................................       10,000        216,000
  Repayment of notes payable - related party ................................            -         (7,500)
                                                                                 ---------      ---------

CASH FLOWS FROM FINANCING ACTIVITIES ........................................       18,750        210,032
                                                                                 ---------      ---------

NET DECREASE  IN CASH AND CASH EQUIVALENTS ..................................      (10,936)        10,788

CASH AND CASH EQUIVALENTS, Beginning ........................................       16,587         50,016
                                                                                 ---------      ---------

CASH AND CASH EQUIVALENTS, Ending ...........................................    $   5,651      $  60,804
                                                                                 =========      =========

SUPPLEMENTAL DISCLOSURES OF CASH FLOWS INFORMATION:

Interest paid ...............................................................    $       -      $       -
                                                                                 =========      =========
Income taxes ................................................................    $       -      $       -
                                                                                 =========      =========

SUPPLEMENTAL DISCLOSURES OF NON CASH INVESTING AND FINANCING ACTIVITIES:

During 2007, two Officers converted $270,833 of accrued Officers salary into common stock.

During 2007, a former employee returned $35,000 of common subject to a subscription receivable.

                       See accompanying notes to consolidated financial statements.

                                                     3
</TABLE>
<PAGE>

                     TEEKA TAN PRODUCTS. INC. AND SUBSIDIARY
              NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                               AS OF June 30, 2007
                                   (UNAUDITED)
________________________________________________________________________________

NOTE 1.  BASIS OF PRESENTATION AND ORGANIZATION

The accompanying unaudited financial statements have been prepared in accordance
with accounting principles generally accepted in the United States of America
and the rules and regulations of the Securities and Exchange Commission for
interim financial information. Accordingly, they do not include all the
information necessary for a comprehensive presentation of financial position and
results of operations.

It is management's opinion however, that all material adjustments (consisting of
normal recurring adjustments) have been made which are necessary for a fair
financial statements presentation. The results for the interim period are not
necessarily indicative of the results to be expected for the year.

NOTE 2.  SUMMARY OF SIGNIFICANT ACCOUNTING PRINCIPLES

PRINCIPLES OF CONSOLIDATION

The consolidated financial statements include the accounts of the Company and
its wholly owned subsidiary, Teeka Tan, Inc. Intercompany accounts and
transactions have been eliminated in consolidation.

REVENUE RECOGNITION

Revenue is recognized when earned, as products are completed and delivered to
customers. If the Company had any merchandise on consignment, the related sales
from merchandise on consignment would be recorded when the retailer sold such
merchandise.

CASH AND CASH EQUIVALENTS

The Company considers all highly liquid temporary cash investments with an
original maturity of three months or less to be cash equivalents.

ACCOUNTS RECEIVABLE

The Company is required to estimate the collectability of its accounts
receivable. The Company's reserve for doubtful accounts is estimated by
management based on a review of historic losses and the age of existing
receivables from specific customers.

CONCENTRATION OF CREDIT RISK

The Company at times has cash in banks in excess of FDIC insurance limits and
places its temporary cash investments with high credit quality financial
institutions. As at June 30 2007, the Company did not have cash in excess of
FDIC limits.

During the six months ended June 30, 2007, 76% and 21% of the Company's products
were produced by two manufacturers. During the six months ended June 30,
2006,58% and 42% of the Company's products were produced by two manufacturers.

During the six months ended June 30, 2007 two customers accounted for 14% and
13% of the Company's sales. During the six months ended June 30, 2006 no one
customer accounted for more than 10% of the Company's sales.

                                        4
<PAGE>

                     TEEKA TAN PRODUCTS. INC. AND SUBSIDIARY
              NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                               AS OF June 30, 2007
                                   (UNAUDITED)
________________________________________________________________________________

NOTE 2.  SUMMARY OF SIGNIFICANT ACCOUNTING PRINCIPLES (CONTINUED)

USE OF ACCOUNTING ESTIMATES

The preparation of financial statements in conformity with accounting principles
generally accepted in the United States requires management to make estimates
and assumptions that affect the reported amounts of assets and liabilities and
disclosure 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 estimates.

INVENTORIES

The Company's inventories consist of purchased finished goods, labels and
bottles. Inventories are stated at lower of cost or market. Cost is determined
on the first-in, first-out basis. Inventory at June 30, 2007 consisted of the
following:

                         Components ........  $ 44,274
                         Finished goods ....    25,627
                                              --------
                         Total inventory....  $ 69,901
                                              ========

PROPERTY AND EQUIPMENT

Property and equipment are stated at cost, less accumulated depreciation.
Depreciation is provided using the straight-line method over the estimated
useful lives of the individual assets. The estimated useful life of property and
equipment is three to five years.

ADVERTISING COSTS

Advertising costs are expensed as incurred. Total advertising costs charged to
operations for the three and six months ended June 30, 2007 and 2006 were
$1,017,$1,017 and $1,910,$3,140, respectively.

FAIR VALUE OF FINANCIAL INSTRUMENTS

The carrying amounts reported in the balance sheet for cash, receivables,
accounts payable, accrued expenses and notes payable approximate fair value
based on the short-term maturity of these instruments.

LOSS PER SHARE

The Company has adopted SFAS 128, "Earnings per Share." Loss per common share
are computed by dividing income available to common shareholders by the weighted
average number of common shares outstanding during the period. For the six
months ended June 30, 2007 and 2006, the Company had common shares equivalents
outstanding of 13,830,000 shares and 17,671,866 shares, respectively. Common
Stock equivalents were not included in the computation of loss per share for the
periods presented because their inclusion is anti-dilutive.

                                        5
<PAGE>

                     TEEKA TAN PRODUCTS. INC. AND SUBSIDIARY
              NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                               AS OF June 30, 2007
                                   (UNAUDITED)
________________________________________________________________________________

NOTE 2.  SUMMARY OF SIGNIFICANT ACCOUNTING PRINCIPLES (CONTINUED)

BUSINESS SEGMENTS

The Company operates in one segment and therefore segment information is not
presented.

STOCK BASED COMPENSATION

In December 2004, the Financial Accounting Standards Board (FASB) issued SFAS
No. 123(R), "Share-Based Payment," which replaces SFAS No. 123 and supersedes
APB Opinion No. 25. Under SFAS No. 123(R), companies are required to measure the
compensation costs of share-based compensation arrangements based on the
grant-date fair value and recognize the costs in the financial statements over
the period during which employees are required to provide services. Share-based
compensation arrangements include stock options, restricted share plans,
performance-based awards, share appreciation rights and employee share purchase
plans. In March 2005 the SEC issued Staff Accounting Bulletin No. 107, or "SAB
107". SAB 107 expresses views of the staff regarding the interaction between
SFAS No. 123(R) and certain SEC rules and regulations and provides the staff's
views regarding the valuation of share-based payment arrangements for public
companies. SFAS No. 123(R) permits public companies to adopt its requirements
using one of two methods. On April 14, 2005, the SEC adopted a new rule amending
the compliance dates for SFAS 123R. Companies may elect to apply this statement
either prospectively, or on a modified version of retrospective application
under which financial statements for prior periods are adjusted on a basis
consistent with the pro forma disclosures required for those periods under SFAS
123. Effective January 1, 2006, the Company has fully adopted the provisions of
SFAS No. 123R and related interpretations as provided by SAB 107. As such,
compensation cost is measured on the date of grant at their fair value. Such
compensation amounts, if any, are amortized over the respective vesting periods
of the option grant. The Company applies this statement prospectively Common
stock, stock options and common stock warrants issued to other than employees or
directors are recorded on the basis of their fair value, as required by SFAS No.
123(R), which is measured as of the date required by EITF Issue 96-18,
"Accounting for Equity Instruments That Are Issued to Other Than Employees for
Acquiring, or in Conjunction with Selling, Goods or Services." In accordance
with EITF 96-18, the stock options or common stock warrants are valued using the
Black-Scholes option pricing model on the basis of the market price of the
underlying common stock on the "valuation date," which for options and warrants
related to contracts that have substantial disincentives to non-performance is
the date of the contract, and for all other contracts is the vesting date.
Expense related to the options and warrants is recognized on a straight-line
basis over the shorter of the period over which services are to be received or
the vesting period. Where expense must be recognized prior to a valuation date,
the expense is computed under the Black-Scholes option pricing model on the
basis of the market price of the underlying common stock at the end of the
period, and any subsequent changes in the market price of the underlying common
stock up through the valuation date is reflected in the expense recorded in the
subsequent period in which that change occurs.

                                        6
<PAGE>

                     TEEKA TAN PRODUCTS. INC. AND SUBSIDIARY
              NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                               AS OF June 30, 2007
                                   (UNAUDITED)
________________________________________________________________________________

NOTE 2.  SUMMARY OF SIGNIFICANT ACCOUNTING PRINCIPLES (CONTINUED)

NEW ACCOUNTING PRONOUNCEMENTS

In September 2006, the FASB issued SFAS No. 157, "Fair Value Measurements". The
objective of SFAS 157 is to increase consistency and comparability in fair value
measurements and to expand disclosures about fair value measurements. SFAS 157
defines fair value, establishes a framework for measuring fair value in
generally accepted accounting principles, and expands disclosures about fair
value measurements. SFAS 157 applies under other accounting pronouncements that
require or permit fair value measurements and does not require any new fair
value measurements. The provisions of SFAS No. 157 are effective for fair value
measurements made in fiscal years beginning after November 15, 2007. The
adoption of this statement is not expected to have a material effect on the
Company's future reported financial position or results of operations.

In September 2006, the FASB issued SFAS No. 158, "Employers' Accounting for
Defined Benefit Pension and Other Postretirement Plans - an amendment of FASB
Statements No. 87, 88, 106, and 132(R)". This statement requires employers to
recognize the over-funded or under-funded status of a defined benefit
postretirement plan (other than a multiemployer plan) as an asset or liability
in its statement of financial position and to recognize changes in that funded
status in the year in which the changes occur through comprehensive income of a
business entity or changes in unrestricted net assets of a not-for-profit
organization. This statement also requires an employer to measure the funded
status of a plan as of the date of its year-end statement of financial position,
with limited exceptions. The provisions of SFAS No. 158 are effective for
employers with publicly traded equity securities as of the end of the fiscal
year ending after December 15, 2006. The adoption of this statement is not
expected to have a material effect on the Company's future reported financial
position or results of operations.

In September 2006, the SEC issued Staff Accounting Bulletin ("SAB") No. 108,
"Considering the Effects of Prior Year Misstatements when Quantifying
Misstatements in Current Year Financial Statements." SAB No. 108 addresses how
the effects of prior year uncorrected misstatements should be considered when
quantifying misstatements in current year financial statements. SAB No. 108
requires companies to quantify misstatements using a balance sheet and income
statement approach and to evaluate whether either approach results in
quantifying an error that is material in light of relevant quantitative an
qualitative factors. SAB No. 108 is effective for period ending after November
15, 2006. The Company is currently evaluating the impact of adopting SAB No. 108
but does not expect that it will have a material effect on its financial
statements. In February 2007, the Financial Accounting Standards Board (FASB)
issued SFAS No. 159, "The Fair Value Option for Financial Assets and Financial
Liabilities - Including an Amendment of FASB Statement No. 115". This statement
permits entities to choose to measure many financial instruments and certain
other items at fair value. Most of the provisions of SFAS No. 159 apply only to
entities that elect the fair value option. However, the amendment to SFAS No.
115 "Accounting for Certain Investments in Debt and Equity Securities" applies
to all entities with available-for-sale and trading securities. SFAS No. 159 is
effective as of the beginning of an entity's first fiscal year that begins after
November 15, 2007. Early adoption is permitted as of the beginning of a fiscal
year that begins on or before November 15, 2007, provided the entity also elects
to apply the provision of SFAS No. 157, "Fair Value Measurements". The adoption
of this statement is not expected to have a material effect on the Company's
financial statements.

                                        7
<PAGE>

                     TEEKA TAN PRODUCTS. INC. AND SUBSIDIARY
              NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                               AS OF June 30, 2007
                                   (UNAUDITED)
________________________________________________________________________________

NOTE 3.  ACCOUNTS RECEIVABLE

Accounts receivable at June 30, 2007 consisted of the following:

         Accounts receivable ...........................      $ 74,032
         Less allowance for doubtful accounts ..........       (11,221)
                                                              --------
                Accounts receivable, net ...............      $ 62,811

During the three and six months ended June 30, 2007 the Company increased its
allowance for doubtful accounts $ 0 and $2,309, respectively. During the three
and six months ended June 30, 2006 the Company had no change in its allowance
for doubtful accounts.

NOTE 4.  PROPERTY AND EQUIPMENT

At June 30, 2007 property and equipment consisted of the following:

         Computer equipment ............................      $  1,882
         Automobiles ...................................        30,949
         Equipment .....................................         7,000
         Less accumulated depreciation .................       (18,726)
                                                              --------
                                                              $ 21,105

Depreciation expense for the three and six months ended June 30, 2007 and 2006
was $1,808, $3,795 and $1,974, $3,948, respectively.

NOTE 5.  ACCRUED LICENSES

On March 13, 2006, the Company entered into a licensing agreement. The terms of
the agreement state that the licensing fees are due for each year on the first
date of that year. Licensing fees for the period March 13, 2006 to March 13,
2007 amounted to $75,000. The Company is amortizing the costs of these licenses
over the term of the agreement. For the three months ended March 31, 2007 and
2006 the Company recorded amortization expense of $70,274 and $4,726,
respectively. In May 2007 both parties mutually agreed to cancel the agreement
and to forgive all amounts owed. During the Three and Six months ended June 30,
2007 the Company recognized a $75,000 gain on the forgiveness of the accrued
licensing fees.

NOTE 6.  ACCRUED PAYROLL - OFFICERS

As of June 30, 2007, the Company recorded $150,000 for payroll liabilities due
to senior management of the Company for compensation. The officers of the
Company have elected to defer the payment of these accrued salaries until such
time as we have sufficient working capital to satisfy these obligations. In
March 2007 two executive officers converted a total of $270,833 of accrued
salary into shares of 5,416,660 shares of common stock at a price of $0.05 per
share which was equal to the fair value of the stock on the date of conversion.
In April 2007 the Company extended their employment agreement for one year. For
the three and six months ended June 30, 2007 and 2006 the Company recorded an
expense of $75,000, $150,000 and $70,849, $120,81, respectively, for payroll due
to senior management.

                                        8
<PAGE>

                     TEEKA TAN PRODUCTS. INC. AND SUBSIDIARY
              NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                               AS OF June 30, 2007
                                   (UNAUDITED)
________________________________________________________________________________

NOTE 7.  COMMITMENTS AND CONTINGENCIES

In May 2007 the Company agreed to issue the employee an additional 300,000 share
of common stock valued at $9,000 pursuant to his employment agreement. The
Company terminated the employee in June 2007 and has not issued the employee the
common stock. Management has asserted the employee did not perform services to
earn the common stock. As of June 30, 2007 the Company has accrued a liability
of $9,000 for the value of the Common Stock.

NOTE 8.  CONVERTIBLE NOTE PAYABLE - STOCKHOLDER

In August 2004 the Company issued a $200,000 convertible debenture to a
principal stockholder of the Company. The debenture pays interest of 10% per
annum, and all principal and accrued interest is due on or before August 26,
2006. Commencing on August 26, 2005 all or any portion of the principal amount
of debenture and any accrued but unpaid interest was convertible at the option
of the holder into shares of our common stock at a conversion price of $0.075
per share. There was no beneficial conversion feature on the issue of the note
payable. On August 26, 2006 both parties agreed to extend the maturity date of
the note until August 26, 2007.

NOTE 9.  EQUITY TRANSACTIONS

In April 2006, the Company's Board of Directors adopted the Teeka Tan Products,
Inc. 2006 Equity Compensation Plan (the "Plan"). The Company has reserved
10,000,000 shares of its common stock for issuance under the Plan, which was
adopted to provide the Company with flexibility in compensating certain of its
sales, administrative and professional employees and consultants and to conserve
its cash resources. The issuance of shares under the Plan is restricted to
persons who are closely-related to the Company and who provide it with bona fide
services in connection with the sales and marketing of its products or otherwise
in connection with its business as compensation. The eligible participants
include directors, officers, employees and non-employee consultants and
advisors. Management of the Company anticipates that a substantial portion of
the shares available under the Plan will be issued over time as compensation to
its employees and consultants and advisors who provide services in the sales,
marketing and promotion of the Company's products. The Board of Directors has no
present intent to issue any shares under the Plan to members of the Board who
are also the Company's executive officers.

In April 2006 the Company issued a total of 1,500,000 common stock options
pursuant to the Plan at an exercise price of $.07 per share as compensation to
three employees. The fair market value of the options was estimated on the grant
date using the Black-Scholes option pricing model as required under SFAS 123R
with the following weighted average assumptions: expected dividend yield 5.0%,
volatility 139%, risk-free interest rate of 4.5%, and expected warrant life of
three months. The Company valued these options at $39,284. The Company received
a $35,000, 4% demand promissory note from each of the three employees. During
the three months ended June 30, 2007 a former employee returned 500,000 shares
of common stock and the Company cancelled the subscription receivable. The
Company recorded a subscription receivable in the amount of $70,000 for these
demand notes.

                                        9
<PAGE>

                     TEEKA TAN PRODUCTS. INC. AND SUBSIDIARY
              NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                               AS OF June 30, 2007
                                   (UNAUDITED)
________________________________________________________________________________

NOTE 9.  EQUITY TRANSACTIONS (CONTINUED)

In October 2006 the Company issued a total of 500,000 common stock options
pursuant to the Plan at an exercise price of $.05 per share as compensation to
an employee. The fair market value of the options was estimated on the grant
date using the Black-Scholes option pricing model as required under SFAS 123R
with the following weighted average assumptions: expected dividend yield 0%,
volatility 155%, risk-free interest rate of 5.1%, and expected warrant life of
three months. The value of these option were immaterial. The Company received a
$35,000, 4% demand promissory note from the employee. The Company recorded a
subscription receivable in the amount of $25,000 for this demand notes. Between
January and February, 2007 the Company received $8,750 in payments on the
subscription receivable.

COMMON STOCK AND WARRANTS

In November, 2006 entered into a one year agreement for certain investor and
public relations services. The Company issued 1,000,000 shares of common stock
with a fair market value of $50,000 on the date of issuance. together with
1,000,000 warrants with exercise price of $0.05 per share, 1,000,000 warrants
with exercise price of $0.06 and 1,000,000 warrants with exercise price of $0.07
per share expiring on January 31, 2008. The fair market value of the warrants
was estimated on the grant date using the Black-Scholes option pricing model as
required under SFAS 123 and EITF-96-18 with the following weighted average
assumptions: expected dividend yield 4.91%, volatility 155%, risk-free interest
rate of 4.91%, and expected warrant life of six months. The Company fair valued
these warrants at $56,069. For the year ended December 31, 2006 the Company
recorded $9,009 of amortization expense associated with the common stock and
warrants In April 2007 both parties agreed to mutually cancel and the agreement
and the public relation firm returned it warrants. In May 2007 the Company
expensed $61,575 the unamortized value of the warrants. During the three and six
months ended June 30, 2007 the Company expensed $97,060.

Between January and February, 2007 the Company received $8,750 from an employee
for payment of his subscription receivable.

In February 2007 the Company issued 200,000 shares of common stock for cash
proceeds of $10,000 to a investor.

In March 2007 two executive officers converted a total of $270,833 of accrued
salary into shares of 5,416,660 shares of common stock at a price of $0.05 per
share which was equal to the fair value of the stock on the date of conversion.

In March 2007 the Company issued 500,000 shares of common with a fair value of
$25,000 on the date of issuance to an employee for services. The Company is
amortizing the value over the one year term of the employees employment
agreement. In May 2007 the Company agreed to issue the employee an additional
300,000 share of common stock valued at $9,000 pursuant to his employment
agreement. The Company terminated the employee in June 2007 and has not issued
the employee the common stock. Management has asserted the employee did not
perform services to earn the common stock. As of June 30, 2007 the Company has
accrued a liability of $9,000 for the value of the Common Stock. During the
three months ended June 30, 2007 the Company expensed $21,250 the unamortized
value of the common stock received. During the three and six months ended June
30, 2007 the Company amortized $21,250 and $25,000 respectively.

                                       10
<PAGE>

                     TEEKA TAN PRODUCTS. INC. AND SUBSIDIARY
              NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                               AS OF June 30, 2007
                                   (UNAUDITED)
________________________________________________________________________________

NOTE 9.  EQUITY TRANSACTIONS (CONTINUED)

In March 2007 the Company issued 200,000 shares of common with a fair value of
$10,000 on the date of issuance to a consultant for services.

In March 2007 the Company issued 100,000 shares of common with a fair value of
$4,000 on the date of issuance to a consultant for services.

WARRANTS

During the year ended December 31, 2005 the Company sold a total of 1,999,999
units to three investors, Each unit includes a share of common stock at $.075
per share of common stock and one warrant at $.15 per share of common stock that
is exercisable for three years from the date of issuance.

The Company issued 1,000,000 warrants on March 13, 2006, at an exercise price of
$.05 per share as partial compensation for licensing fees. The fair market value
of the warrants was estimated on the grant date using the Black-Scholes option
pricing model as required under SFAS 123 with the following weighted average
assumptions: expected dividend yield 4.5%, volatility 139%, risk-free interest
rate of 4.5%, and expected warrant life of one year. The Company fair valued
these warrants at $78,201. For the three months ended March 31, 2007 the Company
recorded $3,856 of amortization expense associated with the warrants. The
warrants expire December 31, 2008.

AUTHORIZED SHARES

In September 2003 the Company amended the Certificate of Incorporation
authorizing for the Company to increase its authorized shares to 200,000,000.

PREFERRED STOCK

In March 2007 the Company amended its Certificate of Incorporation to authorize
a class of 10,000 shares of blank check preferred stock, par value $0.0001 per
share. Such shares are issuable with such designations, voting powers, if any,
preferences and relative, participating, optional or other special rights, and
such qualifications, limitations and restrictions, as are determined by
resolution of the Company's board of directors.

NOTE 10. COMMITMENTS AND CONTINGENCIES

LICENSING AGREEMENT

On March 13, 2006, the Company entered into an agreement with Nidaria Technology
Ltd. providing the Company with exclusive distribution rights for Nidaria's Safe
Sea sun care products in the United States, Mexico and Caribbean for a period of
five years. Pursuant to the agreement the Company committed to a five year
marketing budget expenditure of at least $1 million. In addition the Company
agreed to pay Nidaria for the exclusive rights the following additional
compensation:

In May 2007 both parties mutually agreed to cancel the agreement and to forgive
all amounts owed.

                                       11
<PAGE>

                     TEEKA TAN PRODUCTS. INC. AND SUBSIDIARY
              NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                               AS OF June 30, 2007
                                   (UNAUDITED)
________________________________________________________________________________

NOTE 11. RELATED PARTY TRANSACTIONS

As of March 31, 2007, the Company recorded $75,000 for payroll liabilities due
to senior management of the Company for compensation. The officers of the
Company have elected to defer the payment of these accrued salaries until such
time as we have sufficient working capital to satisfy these obligations. In
March 2007 two executive officers converted a total of $270,833 of accrued
salary into shares of 5,416,660 shares of common stock at a price of $0.05 per
share which was equal to the fair value of the stock. For the three and six
months ended June 30, 2007 and 2006 the Company recorded an expense of $75,000,
$150,000 and $70,819, $120,819, respectively, for payroll due to senior
management.

NOTE 12. GOING CONCERN

As reflected in the accompanying financial statements, the Company has a net
loss of $368,286 for the six months ended June 30, 2007, a working capital
deficiency of $331,182, a stockholders' deficiency of $308,627. These factors
raise substantial doubt about the Company's ability to continue as a going
concern.

The Company's continued existence is dependent upon its ability to raise capital
and to successfully market and sell its products. The financial statements do
not include any adjustments that might be necessary should the Company be unable
to continue as a going concern.

NOTE 13. SUBSEQUENT EVENT

In July 2007 the Company agreed to issue 200,000 shares of common stock valued
at $5,600 to a consultant.

                                       12
<PAGE>

ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
         OF OPERATIONS

         The following discussion and analysis should be read in conjunction
with our financial statements and the accompanying notes appearing elsewhere in
this quarterly report.

OVERVIEW

         We market and distribute Teeka Tan(R) Suncare Products, a broad line of
high quality, value-priced sun care products. We are also a distributor of the
Safe Sea Jellyfish Sting Protective Lotion under a licensing agreement with its
manufacturer. We sell these products directly to resorts, hotels and retailers
with beach locations in south Florida, the Bahamas, Dominican Republic, Alabama,
New Hampshire, Rhode Island, Connecticut, New York, North Carolina, South
Carolina, Maine, Maryland and New Jersey. Our customers are primarily beach
front stores and hotels with high volume tourist traffic.

         We formed our company in 2002 and during fiscal 2002 and fiscal 2003
our activities were primarily limited to development of our business plan,
launching our TeekaTan product line, and development of our marketing model. We
began to report revenues during the last part of fiscal 2003 from sales of our
TeekaTan sun care products and exited development stage operations at the end of
fiscal 2003. In February 2006 we entered into an agreement to distribute Safe
Sea Jellyfish Sting Protective Lotion, which is marketed by its manufacturer as
the world's only patented lotion that helps prevent against the stinging of most
Jellyfish, Man-o-war, Sea Lice, Sea Nettle and Fire Corals. Under the initial
terms of the agreement we had the exclusive right to distribute Safe Sea in the
retail consumer markets in the United States, the Caribbean and Mexico for a
period of five years. During the first quarter of fiscal 2007 at our request the
terms of the agreement were amended to provide that it is non-exclusive and
certain minimum quantity purchase requirements and obligation to spend marketing
funds were cancelled. While our total sales have increased as a result of sales
of the Safe Sea Jellyfish Sting Protective Lotion, we believe that the number of
legacy sales were not sufficient to justify the additional financial commitments
we made at the onset of the relationship.

         The sun care industry is a highly competitive market which is dominated
by household names such as Coppertone, Hawaiian Tropic and Banana Boat. While
the emphasis of our business model has been on our marketing efforts and our
initial barrier to entry in the market has been relatively low through our use
of a third party manufacturer, in order to be successful we must steadily
increase our brand awareness and market penetration. Between the beginning of
fiscal 2003 and through fiscal 2006 we have been successful in increasing the
number of our customers we have begun to penetrate national chain stores
including sales to a limited number of Walgreens locations in Florida and South
Carolina. We are considering a change in our sales model from a sales
representative-based model to a distributor-based model which we believe will
not only improve our ability to gain penetration in regional or national chains
as well as serving to reduce our operating expenses.

         The principal features of our growth strategy include:

         o continue our efforts to enter new markets and new retail outlets,
including expanding our focus to include distributors and "big box" retail
outlets;

         o attend marketing conferences that give us increased exposure to
independent and corporate retailers throughout the country;

                                       13
<PAGE>

         o develop a distributor network in the marine, gift and consumer
product industries as well as larger retail chains. Contacts in these networks
have been established through research and the attendance of the aforementioned
conferences, and will be invaluable when seeking to distribute our products
nationwide and to foreign locations, and

         o continue the introduction of new products. We are currently testing a
sunscreen formation which contains a shark repellent. We have hired SYVAX, Inc.
DBA Shark Defense to assist us in the preparation and filing of a provisional
patent application for the formula, as well as experimental design and technical
support. We are seeking to develop additional unique products such as this
product which we believe we can leverage to increase the distributorship of our
core line of sunscreen products.

         In order to continue to grow our business and implement these marketing
initiatives and to satisfy our current obligations we will need to raise
additional working capital. As discussed elsewhere herein, there are no
assurances we will be successful in raising capital as needed, or upon terms
satisfactory to us. A lack of sufficient working capital will significantly
hinder our abilities to continue to grow our revenues and report profitable
operations in future periods.

GOING CONCERN

         We have generated minimal revenue since our inception in April 2002,
and have incurred net losses of approximately $2.1 million since inception
through June 30, 2007. As a result, our current operations are not an adequate
source of cash to fund future operations. The report of our independent
registered public accounting firm on our financial statements for the year ended
December 31, 2006 contains an explanatory paragraph regarding our ability to
continue as a going concern based upon our net losses, working capital deficit,
stockholders' deficit and cash used in operations. Our ability to continue as a
going concern is dependent upon our ability to obtain the necessary financing to
meet our obligations and repay our liabilities when they become due and to
generate profitable operations in the future. We plan to continue to provide for
our capital requirements through the sale of equity securities and debt,
however, we have no firm commitments from any third party to provide this
financing and we cannot assure you we will be successful in raising working
capital as needed. There are no assurances that we will have sufficient funds to
execute our business plan, pay our obligations as they become due or generate
positive operating results.

CRITICAL ACCOUNTING POLICIES

         We have identified the policies outlined below as critical to our
business operations and an understanding of our results of operations. The list
is not intended to be a comprehensive list of all of our accounting policies. In
many cases, the accounting treatment of a particular transaction is specifically
dictated by accounting principles generally accepted in the United States, with
no need for management's judgment in their application. The impact and any
associated risks related to these policies on our business operations is
discussed throughout Management's Discussion and Analysis or Plan of Operations
where such policies affect our reported and expected financial results. For a
detailed discussion on the application of these and other accounting policies,
see the Notes to the December 31, 2006 Consolidated Financial Statements
included in our Annual Report on Form 10-KSB as filed with the Securities and
Exchange Commission. Note that our preparation of the financial statements
requires us to make estimates and assumptions that affect the reported amount of
assets and liabilities, disclosure of contingent assets and liabilities at the
date of our financial statements, and the reported amounts of revenue and
expenses during the reporting period. There can be no assurance that actual
results will not differ from those estimates.

                                       14
<PAGE>

Revenue Recognition

         Revenue is recognized on sales of products when the customer receives
title to the goods, generally upon delivery. Revenue is recorded on a gross
basis, since we are responsible for fulfillment, including the acceptability of
the products and services ordered by the customer. In the event we place any
merchandise on consignment, the related sales from such merchandise will be
recorded when such merchandise is sold by the retailer.

Provision for Slow Moving and Obsolete Inventory

         We write down our inventory for estimated unmarketable inventory or
obsolescence equal to the difference between the cost of inventory and the
estimated market value based on assumptions about future demand and market
conditions. If actual market conditions are less favorable than those projected
by management, additional inventory write-downs may be required.

Accounts Receivable; Allowance for Doubtful Accounts

         We maintain allowances for doubtful accounts for estimated losses
resulting from the inability of our customers to make required payments. If the
financial condition of customers were to deteriorate, resulting in an impairment
of their ability to make payments, additional allowances may be required.

RECENT ACCOUNTING PRONOUNCEMENTS

         In September 2006, the FASB issued SFAS No. 157, "Fair Value
Measurements". The objective of SFAS 157 is to increase consistency and
comparability in fair value measurements and to expand disclosures about fair
value measurements. SFAS 157 defines fair value, establishes a framework for
measuring fair value in generally accepted accounting principles, and expands
disclosures about fair value measurements. SFAS 157 applies under other
accounting pronouncements that require or permit fair value measurements and
does not require any new fair value measurements. The provisions of SFAS No. 157
are effective for fair value measurements made in fiscal years beginning after
November 15, 2007. The adoption of this statement is not expected to have a
material effect on our future reported financial position or results of
operations.

         In February 2007, the FASB issued SFAS No. 159, "The Fair Value Option
for Financial Assets and Financial Liabilities - Including an Amendment of FASB
Statement No. 115". This statement permits entities to choose to measure many
financial instruments and certain other items at fair value. Most of the
provisions of SFAS No. 159 apply only to entities that elect the fair value
option. However, the amendment to SFAS No. 115 "Accounting for Certain
Investments in Debt and Equity Securities" applies to all entities with
available-for-sale and trading securities. SFAS No. 159 is effective as of the
beginning of an entity's first fiscal year that begins after November 15, 2007.
Early adoption is permitted as of the beginning of a fiscal year that begins on
or before November 15, 2007, provided the entity also elects to apply the
provision of SFAS No. 157, "Fair Value Measurements". The adoption of this
statement is not expected to have a material effect on our financial statements.

OFF BALANCE SHEET TRANSACTIONS

         We are not a party to any off balance sheet transactions.

                                       15
<PAGE>

RESULTS OF OPERATIONS

SIX MONTHS ENDED JUNE 30, 2007 AS COMPARED TO THE SIX MONTHS ENDED JUNE 30, 2006

                                                             $ INCREASE
                                        SIX MONTHS ENDED     (DECREASE)
                                            JUNE 30,           2007 VS     % OF
                                        2007        2006        2006      CHANGE
                                     ---------   ---------   ----------   ------

Sales .............................  $ 191,330   $ 164,950     26,380     +16.0%
Gross profit ......................     76,014      42,256     33,758     +79.9%

Operating expenses:
General and administrative expenses    280,587     249,526     31,061     +12.4%
Salary expenses officers' .........    150,000     120,819     29,181     +24.2%
Depreciation ......................      3,795       3,948       (153)        NM
                                     ---------   ---------
         Total operating expenses .    434,382     374,293     60,089     +16.1%

Net (loss) from operations ........   (358,368)   (332,037)    26,331      +7.9%

Total other (income) and expenses .      9,918       9,290        628      +6.8%
                                     ---------   ---------
Net loss ..........................  $(368,286)  $(341,327)    26,959      +7.9%
                                     =========   =========     ======     ======

NM = not meaningful

OTHER KEY INDICATORS:

                                                   SIX MONTHS ENDED
                                                       JUNE 30,          % OF
                                                   2007        2006     CHANGE
                                                   -----      -----    ---------

Cost of goods sold as a percentage of sales .....  60.3%      74.4%      -14.1%
Gross profit margin as a percentage of sales ....  39.7%      25.6%      +14.1%
Total operating expenses as a percentage of sales   227%       227%    Unchanged
Officers' salaries as a percentage of sales .....  78.4%      73.2%       +5.2%
G&A expenses, including officers' salaries,
 as a percentage of sales .......................   225%       224%         -1%

SALES

         We reported sales of $191,330 for the six months ended June 30, 2007,
an increase of approximately 16% from the comparable period fiscal 2006. During
the fiscal 2007 period approximately 63% of our revenues were attributable to
sales of our Teeka Tan line of sun care products as compared to approximately
65% during the comparable period in fiscal 2006, and approximately 37% of our
revenues were attributable to our distribution of the Safe Sea Jellyfish Sting
Protective Lotion as compared to approximately 35% during the six months ended
June 30, 2006. The increase in our revenues for the six months ended June 30,
2007 from the comparable period in fiscal 2006 reflects our continued efforts to
establish new accounts in our target market areas for our proprietary line of
products, as well as revenues from our distributorship of the Safe Sea product
which began in early fiscal 2006. During the six months ended June 30, 2007 two
customers accounted for 27 % of our sales. The customers included Drugstore.com
,which began carrying our products in January 2007, and a new distributor in
North Carolina and South Carolina which was appointed in November 2006.

                                       16
<PAGE>

COST OF GOODS SOLD AND GROSS PROFIT

         Our cost of goods sold includes costs associated with containers,
testing, labels, lotion, freight and pallet expense. Our costs of sales as a
percentage of sales decreased to approximately 60% for the six months ended June
30, 2007 as compared to approximately 74% for the six months ended June 30,
2006. As a result of the decrease in our cost of sales as a percentage of sales
our gross profit margin for the first quarter of fiscal 2007 increased to
approximately 40% from approximately 26% for the comparable period in fiscal
2006. During the three months ended June 30, 2007 we increased our selling price
of the Safe Sea products. The decreases in cost of goods sold as a percentage of
revenues and corresponding increases in margins during the fiscal 2007 period as
compared to the fiscal 2006 period is primarily the result of this price
increase.

TOTAL OPERATING EXPENSES

         Our total operating expenses for the six months ended June 30, 2007
increased approximately 16% from the comparable period in fiscal 2006. Included
in this increase was an increase in general and administrative expenses of
approximately 12% which included a write off of approximately $97,000 related to
the unamortized value of common stock and warrants issued under the terms of a
consulting agreement which was cancelled which was offset by a one-time gain of
$75,000 related to the amendment of the agreement for the distribution of Safe
Sea as described elsewhere herein. We did not have a comparable expense or gain
in the fiscal 2006 period. Other increases is general and administrative
expenses included amortization of license fees associated with the distribution
of Safe Sea Jellyfish Sting Protective Lotion, increases in consulting fees,
investor relations expenses, rent expense which is payable to a related party,
bad debt expense, postage and salaries, compensation and related expenses. These
increases were principally offset by decreases in advertising and promotions and
stock compensation expense.

         In March 2007 we hired a Director of Sales and our operating expenses
include approximately $16,000 related to his base salary and other compensation
expense associated with the stock issued to him as additional compensation which
was being amortized over the one year term of the agreement. In May 2007 we
agreed to issue him an additional 300,000 shares of common stock valued at
$9,000 pursuant to his employment agreement; however, in June 2007 we terminated
this employee prior to the issuance of the shares. During the three months ended
June 30, 2007 we recognized an expense of $21,250 which equals the unamortized
value of the initial 500,000 shares of common stock issued to the former
employee at the time of his hire and our financial statements for the six months
ended June 30, 2007 include a liability of $9,000 which represents the value of
the 300,000 shares of common stock which remains unissued.

         During the six months ended June 30, 2007 salary expense officers
increased approximately 24% from the comparable period in fiscal 2006 which
reflects the increase in annual salaries paid to our executive officers under
the terms of their employment agreements. As set forth below, while we are
presently accruing these amounts and our officers have agreed to defer payment
of those amounts until such time as we have sufficient working capital to
satisfy these obligations.

         We anticipate that our total operating expenses will continue to
increase in future periods as our sales increase, which could be offset by a
move to a distributor-based sales model. Subsequent to June 30, 2007 one of our
full-time sales persons has formed his own company and is now acting as an
independent distributor for our products. We also anticipate that our
professional fees will increase both as we seek to raise additional capital and
in connection with the phased-in compliance of Section 404 of the Sarbanes-Oxley
Act of 2002 as discussed below. We cannot, however, at this time quantify the
amount of these increases.

                                       17
<PAGE>

TOTAL OTHER (INCOME) EXPENSES

         Total other (income) expenses for the six months ended June 30, 2007
primarily represented interest expense of $9,918 as compared to interest expense
of $10,455 for the comparable period in fiscal 2006. This interest relates to a
$200,000 principal amount convertible debenture which is due in August 2007.
During the fiscal 2006 period we also had notes due to related parties which
were converted later in fiscal 2006. Accordingly, the decrease in interest
during the six months ended June 30, 2007 as compared to the six months ended
June 30, 2006 reflects the reduced amount of obligations during the fiscal 2007
period. We will continue to incur interest expense on this obligation until such
time as the debenture is converted or paid.

LIQUIDITY AND CAPITAL RESOURCES

         Liquidity is the ability of a company to generate funds to support its
current and future operations, satisfy its obligations and otherwise operate on
an ongoing basis. Following is a comparison of are certain selected items from
our balance sheet at June 30, 2007 and our balance sheet at December 31, 2006
which are included in our financial statements appearing elsewhere in this
report:

                                                             $ OF
                                                            CHANGE
                             JUNE 30, 2007    DECEMBER     (2007 V       % OF
                              (UNAUDITED)     31, 2006       2006)      CHANGE
                             -------------   ---------     --------    ---------

Working capital (deficit) .    $(331,182)    $(457,765)    (126,583)      -27.7%
Cash ......................    $   5,651     $  16,587      (10,936)      -65.9%
Accounts receivable, net ..    $  62,811     $  14,827       47,984        +324%
Prepaid licenses ..........    $       0     $  13,767      (13,767)       -100%
Inventory .................    $  69,901     $ 121,263      (51,362)      -42.3%
Total current assets ......    $ 138,363     $ 166,444      (28,081)      -16.9%
Property and equipment, net    $  21,105     $  24,899       (3,794)      -15.2%
Total assets ..............    $ 160,918     $ 192,793      (31,875)      -16.5%
Accounts payable ..........    $  62,669     $  31,417       31,252         +99%
Accrued licenses ..........    $       0     $  75,000      (75,000)       -100%
Accrued interest ..........    $  56,876     $  46,959        9,917       +21.2%
Accrued payroll - officers'    $ 150,000     $ 270,833     (120,833)      -44.6%
Note payable ..............    $ 200,000     $ 200,000            0    Unchanged
Total current liabilities .    $ 469,545     $ 624,209     (154,664)      -24.8%
Total liabilities .........    $ 469,545     $ 624,209     (154,664)      -24.8%

         At June 30, 2007, we had a working capital deficiency of $ 331,182 as
compared to a working capital deficiency of $457,765 at December 31, 2006. The
increase in our current assets at June 30, 2007 from December 31, 2006 included
an increase of $47,984 in our accounts receivable, net of allowance for doubtful
accounts of $11,221, which reflects our increased sales. As set forth above, two
customers represented 27% of our sales for the six months ended June 30, 2007.
The terms of our sales to Drugstore.com are 2% 30 days, net 45 days, and the
terms of sale to the distributor are net 90 days.

         At June 30, 2007 we had inventory of $69,901, a decrease of $51,362
from December 31, 2006. Approximately 63% of our inventory at June 30, 2007 is
related to our Teeka Tan line of sun care products and the remaining approximate
37% is related to the Safe Sea Jellyfish Sting Protective Lotion, as compared to
51% and 49%, respectively, at December 31, 2006. Our inventory at December 31,
2006 reflected a large purchase of Safe Sea products. The reduction in inventory
level at June 30, 2007 reflects our increased sales during the six month period
including both our proprietary products and Safe Sea products.

                                       18
<PAGE>

         Our current liabilities at June 30, 2007 decreased $154,664, or
approximately 25%, from December 31, 2006. This decrease from period to period
is primarily attributable to a decrease in accrued officers' salaries and
licensing fees associated with Nidaria Technology Ltd. as described below, which
were offset by an increase in accounts payable. In March 2007 our executive
officers converted all accrued but unpaid salaries due them at December 31, 2007
into equity and the amounts reflected at June 30, 2007 as accrued payroll -
officers represents amounts accrued in fiscal 2007. The increase in accounts
payable is the result of increased sales and longer payment terms extended to
two principal customers which, coupled with our lack of working capital, results
in our slower payment of our obligations.

         In March 2006, we entered into an agreement with Nidaria Technology
Ltd. which gave us the exclusive distribution rights for Nidaria's Safe Sea sun
care products in the United States, Mexico and the Caribbean for a period of
five years. Pursuant to the agreement, we agreed to pay an annual licensing fee
of $75,000 and committed to a five year marketing budget expenditure of at least
$1 million. At March 31, 2007 our balance sheet reflected an accrued liability
of $75,000. As a result of the addendum to this agreement entered into in May
2007, this obligation was forgiven by Nidaria Technology Ltd. and was written
off in the second quarter of fiscal 2007. In addition, we are no longer required
to fund the marketing expenditures.

         At June 30, 2007 we have an outstanding note payable in the principal
amount of $200,000 which is due August 26, 2007 together with accrued interest
on this note of $56,876. The principal and accrued interest are convertible at
the option of the holder into shares of our common stock at a conversion price
of $0.075 per share. We initially entered into this loan in August 2004. We
intend to seek a one year extension of the due date of this note; however, if
the note holder should decline to grant the extension or otherwise convert the
note into equity on or before its due date, we are presently unable to satisfy
this obligation.

         At June 30, 2007 our balance sheet reflects a subscription receivable
due us of $86,250 which represents the amounts outstanding under promissory
notes issued to us between April 2006 and October 2006 by three employees for
the payment of the exercise prices of compensatory options granted the employees
under our stock option plan. The 4% notes are due on demand. When these notes
are paid the proceeds will provide additional working capital for our company.

         During the six months ended June 30, 2007, our cash and cash
equivalents decreased $10,936. This decrease consisted of $29,686 used in
operating activities offset by $18,750 provided by financing activities.

         Cash flows used in operating activities for the six months ended June
30, 2007 decreased to $29,686 as compared to $199,244 for the comparable period
in fiscal 2006. For the fiscal 2007 period, we used cash provided by operations
to fund our net loss of $368,286, together with increases in accounts receivable
of $50,293, accounts payable and accrued expenses of $31,251, accrued interest
of $9,917 and accrued payroll of $150,000. These increases were offset by an add
back of non-cash items of $146,363 and a decrease in inventory of $51,362. For
the fiscal 2006 period, we used cash provided by operations to fund our net loss
of $341,327, together with increases in accounts receivable of $44,996,
inventory of $24,653, prepaid expenses of $13,350, accrued interest of $9,978,
accounts payable and accrued expenses of $23,664, other assets of $935 and
accrued payroll of $120,833. These increases were offset by the add back of
non-cash items of $71,542.

         Cash flows from financing activities were $18,750 for the six months
ended June 30, 2007 as compared to $210,032 for the six months ended June 30,
2006. The decrease is primarily attributable to reduced proceeds during the
fiscal 2007 period from the sale of our securities as compared to the fiscal
2006 period.

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<PAGE>

         The report of our independent registered public accounting firm on our
consolidated financial statements as of December 31, 2006 contains an
explanatory paragraph expressing uncertainty with respect to our ability to
continue as a going concern. We are not generating significant revenues to fund
operations, and had an accumulated deficit of $2,074,292 at June 30, 2007. While
we do not presently have any commitments for capital expenditures, we have a
$200,000 principal amount outstanding under a debenture due in August 2007. At
present we do not have sufficient funds to satisfy this obligation. In addition,
in connection with our annual report for our fiscal year ending December 31,
2007 pursuant to Section 404 of the Sarbanes-Oxley Act of 2002 our management
will be required to provide an assessment of the effectiveness of our internal
control over financial reporting, including a statement as to whether or not
internal control over financial reporting is effective. In order to comply with
this requirement we will need to engage a consulting firm to undertake an
analysis of our internal controls. We have yet to engage such a consulting firm
and are unable at this time to predict the costs associated with our compliance
with Section 404 of Sarbanes-Oxley Act of 2002.

         If we are to fully implement our business plan, we anticipate that our
use of cash will be substantial for the foreseeable future, absent a significant
increase in sales which we do not presently anticipate will occur based upon the
limited funds available to us to market and promote our products. Over the next
12 months we anticipate that we will require additional working capital to:

         o  satisfy our current and future obligations, including the $200,000
            note and accrued interest of approximately $57,000 due August 27,
            2007

         o  pay fees associated with the requirements of compliance with Section
            404 of Sarbanes-Oxley Act of 2002,

         o  increase our inventory of existing products and pay development
            costs associated with new products,

         o  pay salaries, wages and general overhead expenses, and

         o  pay increased marketing and advertising expenses.

         We may also need to raise capital in connection with any strategic
alliances, acquisitions or reverse mergers we may seek to undertake in the
future.

         We are continuing to seek additional capital in the private and/or
public equity markets during fiscal 2007 to continue to implement our plan of
operation. Our ability to raise capital upon terms we believe are acceptable to
us and not overly dilutive to our existing shareholders has been adversely
impacted by the low trading price of our common stock. We do not have any
commitments from any holders of our outstanding warrants to exercise the
warrants, and we cannot assure you that they will ever be exercised. In
addition, we have no commitments from any third parties to provide additional
equity or debt funding to us, and we cannot guarantee you that we will be
successful in locating such additional funding.

         If, however, we are successful in obtaining additional capital, the
impact of that transaction could be varied. If we raise additional working
capital through the issuance of equity securities, existing stockholders will in
all likelihood experience significant dilution. If we raise additional working
capital through the issuance of debt, our interest expense will increase and
adversely affect our ability to report profitable operations in future periods.

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<PAGE>

         We may not be able to obtain additional financing when needed or on
terms favorable to us. Because we have no commitment for additional capital, we
cannot guarantee you that we will be successful in raising such additional funds
as we may need to fund our operations until such time, if ever, as we generate
sufficient revenues to fund our working capital needs. If we are unable to raise
sufficient working capital when and as needed, we would be unable to fully
implement our business model or pay our obligations and we could be required to
cease operations.

ITEM 3.  CONTROLS AND PROCEDURES

         As required by Rule 13a-15 under the Securities Exchange Act of 1934,
as of June 30, 2007, the end of the period covered by this report, our
management concluded its evaluation of the effectiveness of the design and
operation of our disclosure controls and procedures. Disclosure controls and
procedures are controls and procedures designed to reasonably assure that
information required to be disclosed in our reports filed under the Securities
Exchange Act of 1934, such as this annual report, is recorded, processed,
summarized and reported within the time periods prescribed by SEC rules and
regulations, and to reasonably assure that such information is accumulated and
communicated to our management, including our Chief Executive Officer, to allow
timely decisions regarding required disclosure.

         Our management, including our Chief Executive Officer, does not expect
that our disclosure controls and procedures will prevent all error and all
fraud. A control system, no matter how well designed and operated, can provide
only reasonable, not absolute, assurance that the control system's objectives
will be met. Further, the design of a control system must reflect the fact that
there are resource constraints, and the benefits of controls must be considered
relative to their costs. Because of the inherent limitations in all control
systems, no evaluation of controls can provide absolute assurance that all
control issues and instances of fraud, if any, have been detected. These
inherent limitations include the realities that judgments in decision-making can
be faulty, and that breakdowns can occur because of simple error or mistake. The
design of any system of controls is based in part upon certain assumptions about
the likelihood of future events, and there can be no assurance that any design
will succeed in achieving its stated goals under all potential future
conditions.

         As of the evaluation date, our Chief Executive Officer concluded that
we maintain disclosure controls and procedures that are effective in providing
reasonable assurance that information required to be disclosed in our reports
under the Securities Exchange Act of 1934 is recorded, processed, summarized and
reported within the time periods prescribed by SEC rules and regulations, and
that such information is accumulated and communicated to our management,
including the Chief Executive Officer, to allow timely decisions regarding
required disclosure.

         There have been no changes in our internal control over financial
reporting during our last fiscal quarter that has materially affected, or is
reasonably likely to materially affect, our internal control over financial
reporting.

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<PAGE>

                           PART II. OTHER INFORMATION

ITEM 1.  LEGAL PROCEEDINGS.

         None.

ITEM 2.  UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS.

         In July 2007 we issued 200,000 shares of our common stock valued at
$5,600 to a consultant as compensation for accounting services provided to us.
The recipient was an accredited investor and the issuance was exempt from
registration under the Securities Act of 1933 in reliance on an exemption
provided by Section 4(2) of that act.

ITEM 3.  DEFAULTS UPON SENIOR SECURITIES.

         None.

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

         None.

ITEM 5.  OTHER INFORMATION

         None.

ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K

Exhibit No.                        Description

31.1     Rule 13a-14(a)/15d-14(a) certification of Chief Executive Officer

31.2     Rule 13a-14(a)/15d-14(a) certification of principal financial officer

32.1     Section 1350 certification of Chief Executive Officer and principal
         accounting officer



                                   SIGNATURES

         In accordance with the requirements of the Exchange Act, the registrant
has duly caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.

                                      Teeka Tan Products, Inc.

                                      By: /s/ Brian John
                                          --------------
                                      Brian John, Chief Executive Officer,
                                      principal executive officer and
                                      principal financial and accounting officer

Dated:  August 16, 2007

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