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 September 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 November 9, 2007.

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

<PAGE>

                            TEEKA TAN PRODUCTS, INC.

               Form 10-QSB for the period ended September 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

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

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

         Consolidated Statements of Cash Flows for the nine months
         ended September 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
                               September 30, 2007
                                   (Unaudited)
________________________________________________________________________________

                                     ASSETS
CURRENT ASSETS:
  Cash .........................................................    $     6,115
  Accounts receivable, net .....................................         29,830
  Due from employee ............................................          3,600
  Inventory ....................................................         62,633
                                                                    -----------
    Total currents assets ......................................        102,178

Property and equipment, net ....................................         11,470
                                                                    -----------

  TOTAL ASSETS .................................................    $   113,648
                                                                    ===========

                      LIABILITIES AND STOCKHOLDERS' DEFICIT

CURRENT LIABILITIES
Account payable ................................................    $    45,971
Accrued interest ...............................................         61,918
Accrued payroll - officers' ....................................        225,000
Note payable ...................................................        200,000
                                                                    -----------
    Total current liabilities ..................................        532,889

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
87,906,665 shares issued and outstanding .......................          8,791
Additional paid-in capital .....................................      1,848,724
Subscription receivable ........................................        (86,250)
Accumulated deficit ............................................     (2,190,506)
                                                                    -----------
  TOTAL STOCKHOLDERS' DEFICIT ..................................       (419,241)
                                                                    -----------

  TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT ..................    $   113,648
                                                                    ===========

          See accompanying notes to consolidated financial statements.

                                        1
<PAGE>
<TABLE>
                                  TEEKA TAN PRODUCTS, INC. AND SUBSIDIARY
                                   Consolidated Statement of Operations
                      For the Three and Nine Months Ended September 30, 2007 and 2006
                                                (Unaudited)
__________________________________________________________________________________________________________
<CAPTION>
                                              For the Three Months Ended      For the Nine Months Ended
                                                     September 30,                   September 30,
                                                 2007            2006            2007            2006
                                             ------------    ------------    ------------    ------------
<S>                                          <C>             <C>             <C>             <C>
Sales ....................................   $     47,864    $     60,801    $    239,194    $    225,751
Cost of goods sold .......................         34,387          18,606         149,703         141,300
                                             ------------    ------------    ------------    ------------

  Gross Profit ...........................         13,477          42,195          89,491          84,451

OPERATING EXPENSES:
  General and administrative expenses ....         43,617         110,160         324,204         359,686
  Salary expense officers' ...............         75,000          75,014         225,000         195,833
  Depreciation ...........................          1,639           1,974           5,434           5,922
                                             ------------    ------------    ------------    ------------

  TOTAL OPERATING EXPENSES ...............        120,256         187,148         554,638         561,441
                                             ------------    ------------    ------------    ------------

Net loss from operations .................       (106,779)       (144,953)       (465,147)       (476,990)

Other (Income) and Expenses
  Loss on sale of assets .................          4,395               -           4,395               -
  Interest expense .......................          5,041           5,041          14,959          15,496
  Interest income ........................              -             (29)              -          (1,194)
                                             ------------    ------------    ------------    ------------
Total other (income) expenses ............          9,436           5,012          19,354          14,302

  Net loss before income taxes ...........       (116,215)       (149,965)       (484,501)       (491,292)
                                             ------------    ------------    ------------    ------------

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

                                             ------------    ------------    ------------    ------------
NET LOSS .................................   $   (116,215)   $   (149,965)   $   (484,501)   $   (491,292)
                                             ------------    ------------    ------------    ------------

Weighted average number of common shares
  outstanding Basic and Fully Diluted ....     87,848,927      62,143,912      86,567,423      59,597,058
                                             ============    ============    ============    ============

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

                       See accompanying notes to consolidated financial statements.

                                                     2
</TABLE>
<PAGE>

                     TEEKA TAN PRODUCTS, INC. AND SUBSIDIARY
                      Consolidated Statement of Cash Flows
              For the Nine Months Ended September 30, 2007 and 2006
                                   (Unaudited)
________________________________________________________________________________

                                                           For the nine Months
                                                           Ended September 30,
                                                             2007        2006
                                                          ---------   ---------
CASH FLOWS FROM OPERATING ACTIVITIES:
  Net loss .............................................  $(484,501)  $(491,292)
  Adjustments to reconcile net loss to net cash used in
   operating activities
    Decrease in reserve for uncollectible accounts
     receivable ........................................     10,793       5,476
    Depreciation .......................................      5,434       5,922
    Gain on settlement of licensing fees ...............    (75,000)          -
    Loss on sale of fixed asset ........................      4,395           -
    Stock compensation .................................     19,600      69,284
    Amortization of prepaid licenses ...................     13,767      42,329
    Amortization of warrants and common stock ..........    187,492       8,827
  Changes in operating assets and liabilities
    Increase in accounts receivable ....................    (25,796)    (29,751)
    (Increase)  in inventory ...........................     58,630     (49,477)
    Decrease in deposits ...............................      1,450           -
    Accounts payable and accrued expenses ..............     14,555      (5,007)
    Increase in accrued interest .......................     14,959      15,019
    Accrued payroll ....................................    225,000     195,833
                                                          ---------   ---------

CASH FLOWS PROVIDED BY / (USED IN) OPERATING ACTIVITIES     (29,222)   (232,837)
                                                          ---------   ---------

CASH FLOWS FROM FINANCING ACTIVITIES
  Proceeds from payment of subscription receivable .....      8,750           -
  Proceeds from issuance of common stock ...............     10,000     216,000
  Repayment of notes payable - related party ...........          -     (30,000)
                                                          ---------   ---------

CASH FLOWS FROM FINANCING ACTIVITIES ...................     18,750     186,000
                                                          ---------   ---------

NET DECREASE  IN CASH AND CASH EQUIVALENTS .............    (10,472)    (46,837)

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

CASH AND CASH EQUIVALENTS, Ending ......................  $   6,115   $   3,179
                                                          =========   =========

SUPPLEMENTAL DISCLOSURES OF CASH FLOWS INFORMATION:
Interest paid ..........................................  $       -   $       -
                                                          =========   =========
Income taxes ...........................................  $       -   $       -
                                                          =========   =========

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

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

          See accompanying notes to consolidated financial statements.

                                        3
<PAGE>

                     TEEKA TAN PRODUCTS. INC. AND SUBSIDIARY
              NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                            AS OF September 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 September 30 2007, the Company did not have cash in excess
of FDIC limits.

During the nine months ended September 30, 2007, 86% and 10% of the Company's
products were produced by two manufacturers. During the nine months ended
September 30, 2006 61% and 32% of the Company's products were produced by two
manufacturers.

During the nine months ended September 30, 2007 one customer accounted for 12%
of the Company's sales. During the nine months ended September 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 September 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 September 30, 2007 consisted of
the following:

                        Components ........  $22,943
                        Finished goods ....   39,690
                                             -------
                        Total inventory....  $62,633
                                             =======

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 nine months ended September 30, 2007 and 2006 were
$0 and $1,017 and $13 and $1,923, 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 nine
months ended September 30, 2007 and 2006, the Company had common shares
equivalents outstanding of 6,425,012 shares and 17,805,571 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 September 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 September 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 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.

NOTE 3.  ACCOUNTS RECEIVABLE

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

         Accounts receivable ...........................      $ 38,096
         Less allowance for doubtful accounts ..........        (8,266)
                                                              --------
                Accounts receivable, net ...............      $ 29,830

During the three and nine months ended September 30, 2007 the Company decreased
its allowance for doubtful accounts $2,956 and $10,793, respectively. During the
three and nine months ended September 30, 2006 the Company decreased its
allowance for doubtful accounts $5,476 and $5,476, respectively.

                                        7
<PAGE>

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

NOTE 4.  PROPERTY AND EQUIPMENT

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

         Computer equipment ............................      $  1,882
         Automobiles ...................................        15,474
         Equipment .....................................         7,000
         Less accumulated depreciation .................       (12,886)
                                                              --------
                                                              $ 11,470

Depreciation expense for the three and nine months ended September 30, 2007 and
2006 was $1,639, $5,434 and $1,974, $5,922, respectively.

In September 2007 the Company sold an automobile to an employee for a note
receivable of $3,600.The note is payable on demand and does not accrue interest.
The Company recorded a loss on the sale of the automobile of $4,395.

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 September 30, 2007, the Company recorded $225,000 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 nine months ended September 30, 2007 and 2006 the Company recorded
an expense of $75,000, $225,000 and $75,014, $195,833, respectively, for payroll
due to senior management.

NOTE 7.  COMMITMENTS AND CONTINGENCIES

In May 2007 the Company agreed to issue an 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 September 30, 2007 the Company has accrued a
liability of $9,000 for the value of the Common Stock.

                                        8
<PAGE>

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

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.

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. As of September 30, 2007 the note is in default.

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 September 30, 2007
                                   (UNAUDITED)
________________________________________________________________________________

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 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 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 nine months ended
September 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 June, 2007 a former employee
returned 500,000 shares of common stock and the Company cancelled the
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 September 30, 2007 the Company
has accrued a liability of $9,000 for the value of the Common Stock. During the
nine months ended September 30, 2007 the Company expensed $21,250 the
unamortized value of the common stock received.

                                       10
<PAGE>

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

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.

In July 2007 the Company issued 200,000 shares of common stock with a fair value
of $5,600 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. RELATED PARTY TRANSACTIONS

As of September 30, 2007, the Company recorded $225,000 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 nine months ended September 30, 2007 and 2006 the Company recorded
an expense of $75,000, $225,000 and $75,014, $195,833, respectively, for payroll
due to senior management.

                                       11
<PAGE>

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

NOTE 11. GOING CONCERN

As reflected in the accompanying financial statements, the Company has a net
loss of $484,501 for the nine months ended September 30, 2007, a working capital
deficiency of $430,711, a stockholders' deficiency of $419,241. 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 12. SUBSEQUENT EVENT

In October 2007, the Company forgave a total of $51,250 of subscription
receivable owed from two employees of the Company.

In October, 2007 two executive officers forgave a total of $250,000 of accrued
salary and in November, 2007 Messrs. forgave an additional $5,754 of accrued
compensation. In addition, effective November 7, 2007 the Two executive officers
terminated their employment agreements with the company. In September 2007 the
Company announced that it had signed a letter of intent to acquire the Taiyuan
Rongan Business Trading Company ("Taiyuan Rongan"), located in Taiyuan, Shanxi
Province, China, in a stock for stock exchange. On November 12, 2007 the Company
entered into a Stock for Stock Equivalent Exchange Agreement and Plan with
Taiyuan Rongan and all of its current capital contributors pursuant to which at
closing the Taiyuan Rongan Shareholders will assign 80% of the 100% of capital
contributions in Taiyuan Rongan to the Company in exchange for an aggregate of
31,500,000 shares of the Company's common stock and common stock purchase
warrants to purchase an aggregate of 1,400,000 shares of the Company's common
stock at an exercise price of $0.50 per share, both giving effect to a 1 for 100
reverse stock split which is required prior to the closing of the agreement with
Taiyuan Rongan. As of November 15, 2007 the Company has not approved the reverse
stock split.

In addition, it is a condition of closing of the agreement that an outstanding
$200,000 principal amount convertible promissory note be satisfied prior to
closing by issuing 2,590,934 shares of the Company's common stock (post-split).
The closing of the agreement will result in a change of control of the Company
and at closing, the Company's current executive officers and directors will
resign and executive officers and directors designated by Taiyuan Rongan will be
elected. At closing the Company will also issue Mirador Consulting, an affiliate
of the Company's executive officers, a one year common stock purchase warrant to
purchase 500,000 shares of common stock at an exercise price of $1.00 per share.

                                       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 market our products
through the use of our in house sales representative as well as independent
distributors.

         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.

         In September 2007 we announced that we had had signed a letter of
intent to acquire the Taiyuan Rongan Business Trading Company ("Taiyuan
Rongan"), located in Taiyuan, Shanxi Province, China, in a stock for stock
exchange. Taiyuan Rongan operates six shopping malls in the city of Taiyuan,
China, of which it has 76% ownership. On November 12, 2007 we entered into a
Stock for Stock Equivalent Exchange Agreement and Plan with Taiyuan Rongan and
all of its current capital contributors (the "Taiyuan Rongan Shareholders")
pursuant to which at closing the Taiyuan Rongan Shareholders will assign 80% of
the 100% of capital contributions in Taiyuan Rongan to our company in exchange
for an aggregate of 31,500,000 shares of our common stock and common stock
purchase warrants to purchase an aggregate of 1,400,000 shares of our common
stock at an exercise price of $0.50 per share, both giving effect to the reverse
stock split described below.

         Under the terms of the agreement, as a condition precedent to closing
we must undertake a one for 100 (1:100) reverse stock split of our outstanding
common stock and Taiyuan Rongan must have received and delivered documentation
of the approvals for the transaction from the various divisions of the Chinese
government. As of November 15, 2007, the Company has not approved the reverse
stock split. In addition, it is a condition of closing of the agreement that an
outstanding $200,000 principal amount convertible promissory note be satisfied
prior to closing by issuing 2,590,934 shares of our common stock (post-split).
In anticipation of the closing, Messrs. Brian John and Richard A. Miller, our

                                       13
<PAGE>

executive officers and directors, have terminated their employment agreements
and forgiven all accrued but unpaid compensation due each of them. The closing
of the agreement is also subject to customary closing conditions. At closing,
our executive officers and directors will resign and executive officers and
directors designated by Taiyuan Rongan will be elected. We will also issue
Mirador Consulting, an affiliate of Messrs. John and Miller, a one year common
stock purchase warrant to purchase 500,000 shares of our common stock at an
exercise price of $1.00 per share.

         If the transaction ultimately closes, of which there are no assurances,
it would result in a change of control of our company and our primary business
and operations would then be that of Taiyuan Rongan. However, as it is possible
that the conditions precedent to closing will not be completed, investors should
not place undue reliance on the transaction with Taiyuan Rongan when making an
investment decision regarding our company.

         If the transaction with Taiyuan Rongan does not close, it is likely
that we will seek other companies with which to enter into a business
combination as an alternative means to grow our company. While we believe in the
overall viability of our business model, in order to grow our business,
implement our marketing initiatives and satisfy our current obligations, we need
to raise additional working capital and to date we have been unsuccessful in
securing the capital. This lack of sufficient working capital has significantly
hindered our abilities to continue to grow our revenues. Accordingly, we believe
it is in the best interests of our stockholders to diversify our operations
through a business combination with an operation company. There are no
assurances, however, that we could identify and close and a business combination
with an operating company. If this were ultimately the case, it is possible that
we could be forced to curtail some or all of our operations and investors could
lose their entire investment in our company.

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 September 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

                                       14
<PAGE>

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.

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.

                                       15
<PAGE>

OFF BALANCE SHEET TRANSACTIONS

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

RESULTS OF OPERATIONS

NINE MONTHS ENDED SEPTEMBER 30, 2007 AS COMPARED TO THE NINE MONTHS ENDED
SEPTEMBER 30, 2006

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

Sales .............................  $ 239,194   $ 225,751    $ 13,443      6.0%
Gross profit ......................     89,491      84,451       5,040      6.0%

Operating expenses:
General and administrative expenses    324,204     359,686     -35,482     -9.9%
Salary expenses officers' .........    225,000     195,833      29,167     14.9%
Depreciation ......................      5,434       5,922        -488     -8.2%
                                     ---------   ---------    --------    ------
           Total operating expenses    554,638     561,441      -6,803     -1.2%

Net (loss) from operations ........   (465,147)   (476,990)     11,843     -2.5%

Total other (income) and expenses .     19,354      14,302       5,052     35.3%
                                     ---------   ---------    --------    ------

Net loss ..........................  $(484,501)  $(491,292)   $  6,791     -1.4%
                                     =========   =========    ========    ======

NM = not meaningful

OTHER KEY INDICATORS:

                                                      NINE MONTHS ENDED
                                                        SEPTEMBER 30,      % OF
                                                        2007     2006     CHANGE
                                                        ----     ----     ------

Cost of goods sold as a percentage of sales .......      63%      63%        0%
Gross profit margin as a percentage of sales ......      37%      37%        0%
Total operating expenses as a percentage of sales .     232%     249%      -17%
Officers' salaries as a percentage of sales .......      94%      87%        7%
G&A expenses, including officers' salaries, as a
 percentage of sales ..............................     230%     246%      -16%

SALES

         We reported sales of $239,194 for the nine months ended September 30,
2007, an increase of approximately 6% from the comparable period fiscal 2006.
During the fiscal 2007 period approximately 58% of our revenues were
attributable to sales of our Teeka Tan line of sun care products as compared to
approximately 59% during the comparable period in fiscal 2006, and approximately
42% of our revenues were attributable to our distribution of the Safe Sea
Jellyfish Sting Protective Lotion as compared to approximately 41%% during the

                                       16
<PAGE>

nine months ended September 30, 2006. The increase in our revenues for the nine
months ended September 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 nine months ended September 30, 2007 one customer accounted for 12 % of our
sales.

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 was constant at approximately 63% for the nine months ended
September 30, 2007 and 2006. Accordingly, our gross profit margin is
approximately 37%.

TOTAL OPERATING EXPENSES

         Our total operating expenses for the nine months ended September 30,
2007 decreased approximately 1% from the comparable period in fiscal 2006.
Included in this decrease was a reduction in general and administrative expenses
of approximately 10%, 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, together with a reduction
in the reserve for bad debts of approximately $5,500 and a decrease in
advertising and promotions and stock compensation expense. These decreases were
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.

         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 nine months ended
September 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
nine months ended September 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 nine months ended September 30, 2007 salary expense officers
increased approximately 15% 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. On October 31, 2007, Messrs. John and
Miller forgave a total of $250,000 of accrued salary and effective November 7,
2007 Messrs. John and Miller forgave the $5,754 of accrued compensation for the
period of November 1, 2007 through the date of the agreement. In addition,
effective November 7, 2007 Messrs. John and Miller terminated their employment
agreements with our company in preparation of the pending transaction with
Taiyuan Rongan as described elsewhere in this report. As a result of this
termination, we are no longer accruing salaries for our executive officers. For
accounting purposes, under generally accepted accounting principles these
forgiveness will be reflected as a reduction in the liability of accrued payroll
- officers and an increase in paid in capital.

                                       17
<PAGE>

TOTAL OTHER (INCOME) EXPENSES

         Total other (income) expenses for the nine months ended September 30,
2007 primarily represented interest expense of $14,959 as compared to interest
expense of $15,496 for the comparable period in fiscal 2006. This interest
relates to a $200,000 principal amount convertible debenture which currently in
default. 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 nine months ended September 30, 2007 as compared to the nine months
ended September 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 September 30, 2007 and our balance sheet at December 31,
2006 which are included in our financial statements appearing elsewhere in this
report:

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

Working capital (deficit) .     $(430,711)     $(457,765)     27,054       -5.9%
Cash ......................     $   6,115      $  16,587     (10,472)     -63.1%
Accounts receivable, net ..     $  29,830      $  14,827      15,003      101.2%
Prepaid licenses ..........     $       -      $  13,767     (13,767)    -100.0%
Due from employee .........     $   3,600      $       -       3,600      100.0%
Inventory .................     $  62,633      $ 121,263     (58,630)     -48.3%
Total current assets ......     $ 102,178      $ 166,444     (64,266)     -38.6%
Property and equipment, net     $  11,470      $  24,899     (13,429)     -53.9%
Total assets ..............     $ 113,648      $ 192,793     (79,145)     -41.1%
Accounts payable ..........     $  45,971      $  31,417      14,554       46.3%
Accrued licenses ..........     $       -      $  75,000     (75,000)    -100.0%
Accrued interest ..........     $  61,918      $  46,959      14,959       31.9%
Accrued payroll - officers'     $ 225,000      $ 270,833     (45,833)     -16.9%
Note payable ..............     $ 200,000      $ 200,000           -        0.0%
Total current liabilities .     $ 532,889      $ 624,209     (91,320)     -14.6%
Total liabilities .........     $ 532,889      $ 624,209     (91,320)     -14.6%


         At September 30, 2007, we had a working capital deficiency of $430,711
as compared to a working capital deficiency of $457,765 at December 31, 2006.
The decrease in our current assets at September 30, 2007 from December 31, 2006
included an increase of $15,003 in our accounts receivable, net of allowance for
doubtful accounts of $8,266, which reflects our increased sales. As set forth
above, one customer, Drugstore.com, represented 12% of our sales for the nine
months ended September 30, 2007. The terms of our sales to Drugstore.com are 2%
30 days, net 45 days.

         At September 30, 2007 we had inventory of $62,633, a decrease of
$58,630 from December 31, 2006. Approximately 79% of our inventory at September
30, 2007 is related to our Teeka Tan line of sun care products and the remaining
approximate 21% 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 September 30, 2007 reflects our increased sales during the
nine month period including both our proprietary products and Safe Sea products.

                                       18
<PAGE>

         Our current liabilities at September 30, 2007 decreased by $91,320 to
$532,899, or approximately 15%, 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 addition to the
forgiveness of salary described above, earlier in March 2007 our executive
officers had converted all accrued but unpaid salaries due them at December 31,
2006 into equity and the amounts reflected at September 30, 2007 as accrued
payroll - officers represents amounts accrued in fiscal 2007 which have
subsequently been forgiven. 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 own 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 September 30, 2007 we have an outstanding note payable in the
principal amount of $200,000 which was due August 26, 2007 together with accrued
interest on this note of $61,918. The note is currently in default. 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. As set forth above, it is a
condition of closing of the agreement with Taiyuan Rongan that this note be
satisfied prior to closing of that transaction through the issuance 2,590,934
shares of our common stock (post-split).

         At September 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. In October 2007, we forgave a total of $51,250 of subscription
receivable owed from two employees . The forgiveness of these amounts is
compensatory to the employees and we will recognize compensation expense of
$51,250 in the fourth quarter of fiscal 2007 as a result of this transaction.

         During the nine months ended September 30, 2007, our cash and cash
equivalents decreased $10,472. This decrease consisted of $29,222 used in
operating activities offset by $18,750 provided by financing activities.

         Cash flows used in operating activities for the nine months ended
September 30, 2007 decreased to $29,222 as compared to $232,837 for the
comparable period in fiscal 2006. For the nine months ended September 30, 2007
period, we used cash in operations to fund our net loss of $484,501, together
with increases in accounts payable and accrued expenses of $14,555and accrued
interest of $14,959.. These increases were offset by decreases in accrued
payroll of $225,000, inventory of $58,630 and accounts receivable of $15,003,
and the add back of non-cash items for a decrease in the reserve for

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<PAGE>

uncollectible accounts receivable ($10,793), a gain on settlement of licensing
fees ($75,000), stock compensation expense ($19,600), amortization of prepaid
licenses ($13,767), amortization of warrants and common stock ($187,492) and
depreciation expense ($5,434) $. For the nine months ended September 30, 2006,
we used cash in operations to fund our net loss of $491,292, together with
increases in accounts receivable of $29,751, inventory of $49,477, accrued
interest of $15,019 and accrued payroll of $195,833. These were offset by
decreases in accounts payable and accrued expenses of $5,007 and the add back of
non-cash items of depreciation ($5,922), decrease in reserve for uncollectible
accounts receivable ($5,476), stock compensation ($69,284), amortization of
prepaid licenses ($42,329) and amortization of warrants and common stock
($8,827).

         Cash flows provided by financing activities were $18,750 for the nine
months ended September 30, 2007 as compared to $186,000 for the nine months
ended September 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.

         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 $2,190,506 at September 30, 2007.
While we do not presently have any commitments for capital expenditures, we have
a $200,000 principal amount outstanding under a debenture which was due in
August 2007 and is presently in default. 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.

         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 $62,000 which is
            currently in default.

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

         o  pay salaries, wages and general overhead expenses.

         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.

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<PAGE>

ITEM 3.  CONTROLS AND PROCEDURES

         As required by Rule 13a-15 under the Securities Exchange Act of 1934,
as of September 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 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 who also serves
as our principal financial and accounting 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 who also serves
as our principal financial and accounting officer, concluded that we do not
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 to allow
timely decisions regarding required disclosure. Our CEO is not a financial or
accounting professional, and we do not have any other employees, including a
chief financial officer, comptroller or similarly titled senior financial
officer, or any staff who are sufficiently trained in the application of
generally accepted accounting principles. As a result of our limited financial
resources, we do not anticipate that we will be in a position to engage such
properly trained professional accounting personnel or a senior financial officer
in the foreseeable future. Until we are able to engage a qualified financial
officer, and/or properly trained accounting staff, we may continue to experience
material weaknesses in our disclosure controls that may result in errors in our
financial statements in future periods.

         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.

         None.

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.

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) certificate 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 accounting officer

Dated: November 16, 2007

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