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 March 31, 2006

[ ]      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: 80,289,999 shares of common stock as
of May 17, 2006.

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

<PAGE>

                            TEEKA TAN PRODUCTS, INC.

                 Form 10-QSB for the period ended March 31, 2006

              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, our ability to raise
capital, 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, 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 "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 annual report.

                                      INDEX

PART I.  FINANCIAL INFORMATION

Item 1.  Financial Statements

Consolidated Balance Sheet at March 31, 2006 (unaudited)....................   1

Consolidated Statements of Operations
for the three months ended March 31, 2006 and 2005 (unaudited)..............   2

Consolidated Statements of Cash Flows
for the three months ended March 31, 2006 and 2005(unaudited)...............   3

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

Management's Discussion and Analysis or Plan of Operation...................  12

Item 3.  Controls and Procedures............................................  18


PART II  OTHER INFORMATION..................................................  18

<PAGE>

                          PART I. FINANCIAL INFORMATION

ITEM 1.  FINANCIAL STATEMENTS.

                     TEEKA TAN PRODUCTS, INC. AND SUBSIDIARY
                           Consolidated Balance Sheet
                                 March 31, 2006
                                   (Unaudited)
________________________________________________________________________________

                                     ASSETS
CURRENT ASSETS:
  Cash ..........................................................   $    36,033
  Accounts receivable, net ......................................        25,090
  Prepaid licenses ..............................................        70,274
  Inventory .....................................................        86,616
                                                                    -----------
    Total currents assets .......................................       218,013

Property and equipment, net .....................................        30,745

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

  TOTAL ASSETS ..................................................   $   250,208
                                                                    ===========

                      LIABILITIES AND STOCKHOLDERS' DEFICIT

CURRENT LIABILITIES
Account payable .................................................   $    59,990
Accrued licenses ................................................        75,000
Accrued interest ................................................        33,421
Accrued payroll .................................................       535,826
Note payable ....................................................       200,000
Notes payable - related parties .................................        30,000
                                                                    -----------
  Total current liabilities .....................................       934,237

Common Stock Subject to Rescission Offer, $.0001  par value,
  17,370,000 shares issued and outstanding ......................       173,700
                                                                    -----------

COMMITMENTS AND CONTINGENCIES ...................................             -

STOCKHOLDERS' DEFICIT
Deferred compensation ...........................................       (77,215)
Common stock $.0001 par value authorized 200,000,000 shares .....             -
57,219,999 shares issued and outstanding ........................         5,722
Additional paid-in capital ......................................       410,050
Accumulated deficit .............................................    (1,196,286)
                                                                    -----------
  TOTAL STOCKHOLDERS' DEFICIT ...................................      (857,729)
                                                                    -----------

  TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT ...................   $   250,208
                                                                    ===========

          See accompanying notes to consolidated financial statements.

                                        1
<PAGE>

                     TEEKA TAN PRODUCTS, INC. AND SUBSIDIARY
                      Consolidated Statement of Operations
               For the Three Months Ended March 31, 2006 and 2005
                                   (Unaudited)
________________________________________________________________________________

                                                       For the Three Months
                                                          Ended March 31,
                                                   ----------------------------
                                                       2006            2005
                                                   ------------    ------------
Sales ..........................................   $     58,807    $     29,585
Cost of goods sold .............................         50,460          17,438
                                                   ------------    ------------

  Gross Profit .................................          8,347          12,147

OPERATING EXPENSES:
  General and administrative expenses ..........         87,306          69,135
  Salary expense officers' .....................         50,000          31,250
  Depreciation .................................          1,974             156
                                                   ------------    ------------

  TOTAL OPERATING EXPENSES .....................        139,280         100,541
                                                   ------------    ------------

Net loss from operations .......................       (130,933)        (88,394)

Other (Income) and Expenses
  Intererst expense ............................          5,064           7,722
  Gain on recission interest ...................              -         (28,318)
                                                   ------------    ------------
                                                          5,064         (20,596)

  Net loss before income taxes .................       (135,997)        (67,798)
                                                   ------------    ------------

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

                                                   ------------    ------------
NET LOSS .......................................   $   (135,997)   $    (67,798)
                                                   ------------    ------------

Weighted average number of common shares
  outstanding Basic and Fully Diluted ..........     55,899,999      53,600,000
                                                   ============    ============

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

          See accompanying notes to consolidated financial statements.

                                        2
<PAGE>

                     TEEKA TAN PRODUCTS, INC. AND SUBSIDIARY
                      Consolidated Statement of Cash Flows
               For the Three Months Ended March 31, 2006 and 2005
                                   (Unaudited)
________________________________________________________________________________

                                                           For the Three Months
                                                              Ended March 31,
                                                          ---------------------
                                                             2006        2005
                                                          ---------   ---------
CASH FLOWS FROM OPERATING ACTIVITIES:
  Net loss .............................................  $(135,997)  $ (67,798)
  Adjustments to reconcile net loss to net cash used
   in operating activities
    Depreciation .......................................      1,974         157
    Amortization of warrants ...........................        986           -
  Changes in operating assets and liabities
    Increase in accounts receivable ....................    (18,776)    (15,414)
    (Increase)  in inventory ...........................    (12,323)    (21,569)
    Increase in deposits ...............................          -         487
    Decrease in other assets ...........................      4,726           -
    Accrued interest ...................................      5,170           -
    Accounts payable and accrued expenses ..............     24,257      10,500
    Accrued payroll ....................................     50,000      31,250
                                                          ---------   ---------

    CASH FLOWS USED IN OPERATING ACTIVITIES ............    (79,983)    (62,387)
                                                          ---------   ---------


  CASH FLOWS FROM FINANCING ACTIVITIES
    Proceeds from issuance of common stock .............     66,000      25,000
    Refund of stock subject to recession ...............          -      (6,000)
                                                          ---------   ---------

  CASH FLOWS FROM FINANCING ACTIVITES ..................     66,000      19,000
                                                          ---------   ---------

  NET INCREASE (DECREASE) IN CASH AND CASH EQUVALENTS ..    (13,983)    (43,387)

  CASH AND CASH EQUIVALENTS, Beginning .................     50,016     213,752
                                                          ---------   ---------

  CASH AND CASH EQUIVALENTS, Ending ....................  $  36,033   $ 170,365
                                                          =========   =========

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

          See accompanying notes to consolidated financial statements.

                                        3
<PAGE>

                     TEEKA TAN PRODUCTS, INC. AND SUBSIDIARY
                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                              AS OF MARCH 31, 2006
                                   (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 March 31, 2006, the Company did not have cash in excess of
FDIC limits.

                                       4
<PAGE>

                     TEEKA TAN PRODUCTS, INC. AND SUBSIDIARY
                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                              AS OF MARCH 31, 2006
                                   (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 entirely of purchased finished goods.
Inventories are stated at lower of cost or market. Cost is determined on the
first-in, first-out basis.

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 the computer
equipment is three years.

ADVERTISING COSTS

Advertising costs are expensed as incurred. Total advertising costs charged to
operations for the three months ended March 31, 2006 and 2005 amounted to
$2,257, and $1,635, 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. Stock options
were not included in the computation of loss per share for the periods presented
because their inclusion is anti-dilutive or their effect is not material.

BUSINESS SEGMENTS

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

                                       5
<PAGE>

                     TEEKA TAN PRODUCTS, INC. AND SUBSIDIARY
                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                              AS OF MARCH 31, 2006
                                   (UNAUDITED)
________________________________________________________________________________

NOTE 2.  SUMMARY OF SIGNIFICANT ACCOUNTING PRINCIPLES (CONTINUED)

STOCK BASED COMPENSATION

In December 2004, the 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.

NEW ACCOUNTING PRONOUNCEMENTS

In June 2005, the Financial Accounting Standards Board issued SFAS No. 154,
Accounting Changes and Error Corrections, a replacement of APB Opinion No. 20,
Accounting Changes, and Statement No 3, Reporting Accounting Changes in Interim
Financial Statements ("SFAS 154") . SFAS 154 changes the requirements for the
accounting for, and reporting of, a change in accounting principle. Previously,
most voluntary changes in accounting principles were required to be recognized
by way of a cumulative effect adjustment within net income during the period of
the change. SFAS 154 requires retrospective application to prior periods'
financial statements, unless it is impracticable to determine either the
period-specific effects or the cumulative effect of the change. SFAS 154 is
effective for accounting changes made in fiscal years beginning after December
15, 2005; however, the Statement does not change the transition provisions of
any existing accounting pronouncements. The Company does not believe that the
adoption of SFAS 154 will have a material effect on its financial position,
results of operations or cash flows.

                                       6
<PAGE>

                     TEEKA TAN PRODUCTS, INC. AND SUBSIDIARY
                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                              AS OF MARCH 31, 2006
                                   (UNAUDITED)
________________________________________________________________________________

NOTE 3.  ACCOUNTS RECEIVABLE

Accounts receivable at March 31, 2006 consisted of the following:

         Accounts receivable ............................     $ 40,576
         Less allowance for doubtful accounts ...........      (15,486)
                                                              --------
         Accounts receivable, net .......................     $ 25,090
                                                              ========

NOTE 4.  PROPERTY AND EQUIPMENT

At March 31, 2006 property and equipment consisted of the following:

         Computer equipment .............................     $  1,882
         Automobiles ....................................       30,949
         Equipment ......................................        7,000
         Less accumulated depreciation ..................       (9,086)
                                                              --------
                                                              $ 30,745
                                                              ========

NOTE 5.  PROPERTY AND EQUIPMENT (CONTINUED)

Depreciation expense for the three months ended March 31, 2006 and 2005 was
$1,947 and $156 respectively.

NOTE 6.  PREPAID LICENSES

On March 13, 2006, the Company entered into a licensing agreement. The terms of
the agreement states 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, 2006 the
Company recorded amortization expense of $4,726.

         Licenses amount ................................     $ 75,000
         Amortization ...................................       (4,726)
                                                              --------
         Balance ........................................     $ 70,274
                                                              ========

NOTE 7.  ACCRUED PAYROLL

As of March 31, 2006, the Company recorded $535,826 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. For the
three months ended March 31, 2006 and 2005 the Company record an expense of
$50,000 and $31,250 respectively, for payroll due to senior management.

                                       7
<PAGE>

                     TEEKA TAN PRODUCTS, INC. AND SUBSIDIARY
                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                              AS OF MARCH 31, 2006
                                   (UNAUDITED)
________________________________________________________________________________

NOTE 8.  NOTES PAYABLE - RELATED PARTY

In December 2005 our three executive officers and one of our employees lent us
an aggregate of $30,000 for general working capital. Under the terms of these
notes, the principal and interest at the rate of 4% per annum are due on demand,
provided, however, that the lender may not demand payment until such time as the
rescission offer described elsewhere herein has been completed and all
stockholders who have accepted the rescission offer have been paid in full.

NOTE 9.  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 is 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.

NOTE 10. EQUITY TRANSACTIONS

Between January and March, 2006 the Company sold 1,320,000 shares of common
stock for proceeds of $66,000 to a total of four investors.

NOTE 11. AUTHORIZED SHARES

In September 2003, the Company offered an initial rescission offer to its
investors who had purchased common stock of the Company prior to February 13,
2003, since the Company had discovered that the authorized capitalization was
insufficient to permit the Company to issue the Common stock. The Company
amended the Certificate of Incorporation authorizing for the Company to increase
its authorized shares to 200,000,000. All of such investors had waived their
rights to the initial rescission of the original issuance of common stock as of
December 31, 2005 (See Note 13).

NOTE 12. WARRANTS

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 valued these
warrants $78,201. For the quarter ended March 31, 2006 the Company recorded $986
of amortization expense associated with the warrants.

                                       8
<PAGE>

                     TEEKA TAN PRODUCTS, INC. AND SUBSIDIARY
                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                              AS OF MARCH 31, 2006
                                   (UNAUDITED)
________________________________________________________________________________

NOTE 13. 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
agrees to pay Nidaria for the exclusive rights the following additional
compensation:

         First year        $75,000.00
         Second year       $75,000.00
         Third year        $50,000.00
         Fourth year       $50,000.00
         Fifth year        $50,000.00

The compensation would be paid at the beginning of each year.

NOTE 14. COMMON STOCK SUBJECT TO RESCISSION OFFER

In October 2003, the Company learned that the private placement offers made both
prior to and after February 14, 2003 may have violated federal securities laws
based on the inadequacy of the Company's disclosures made in its offering
documents for the units concerning the lack of unauthorized shares. Based on
potential violations that may have occurred under the Securities Act of 1933,
the Company is making a rescission offer to both investors who acquired the
Company's common stock prior to February 13, 2003 and who had received the
initial rescission offer, as well as to investors who had acquired the Company's
common stock subsequent to February 14, 2003, since they were not informed of
the original rescission offer. As such, the proceeds of $181,200 from the
issuance of 18,120,000 shares of common stock through April 30, 2003 have been
classified outside of equity in the balance sheet and classified as common stock
subject to rescission.

NOTE 15. COMMON STOCK SUBJECT TO RESCISSION OFFER (CONTINUED)

In March 2005, the Company refunded one investor their investment of $6,000 plus
accrued interest of $1,153 in the return of 600,000 shares of common stock.

In September 2005, the Company refunded one investor their investment of $1,500
plus accrued interest of $325 in the return of 150,000 shares of common stock.

NOTE 16. RELATED PARTY TRANSACTIONS

As of March 31, 2006, the Company recorded $535,826 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

                                       9
<PAGE>

                     TEEKA TAN PRODUCTS, INC. AND SUBSIDIARY
                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                              AS OF MARCH 31, 2006
                                   (UNAUDITED)
________________________________________________________________________________

NOTE 16. RELATED PARTY TRANSACTIONS (CONTINUED)

time as we have sufficient working capital to satisfy these obligations. For the
three months ended March 31, 2006 and 2005 the Company record an expense of
$50,000 and $31,250 respectively, for payroll due to senior management.

In December 2005 our three executive officers and one of our employees lent us
an aggregate of $30,000 for general working capital. Under the terms of these
notes, the principal and interest at the rate of 4% per annum are due on demand,
provided, however, that the lender may not demand payment until such time as the
rescission offer described elsewhere herein has been completed and all
stockholders who have accepted the rescission offer have been paid in full.

NOTE 17. GOING CONCERN

As reflected in the accompanying financial statements, the Company has a net
loss of $135,997 for the three months ended March 31, 2006, a working capital
deficiency of $716,224, a stockholders' deficiency of $857,729 and cash used in
operations of $79,983. 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 18. SUBSEQUENT EVENTS

On April 11, 2006 Messrs. Brian S. John, Richard A. Miller and Frank V.
Benedetto, Jr., the Company's executive officers and directors, entered into
agreements to forgive an aggregate of $485,826 of accrued but unpaid
compensation payable to them under the terms of employment agreements between
the Company and each of the individuals. This amount was included in current
liabilities under the caption "Accrued Payroll" on the Company's unaudited
balance sheet at March 31, 2006. This amount will be treated as a capital
contribution.

On April 11, 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.

                                       10
<PAGE>

                     TEEKA TAN PRODUCTS, INC. AND SUBSIDIARY
                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                              AS OF MARCH 31, 2006
                                   (UNAUDITED)
________________________________________________________________________________

NOTE 18. SUBSEQUENT EVENTS (CONTINUED)

On April 1, 2006 the Company entered into an agreement for investor relations.
The Company agreed to sell a total of 2,000,000 shares of common stock at a
price of $200. The Company will record an expense of $129,800, which is the
difference of the fair market value on the date of issuance less the $200 paid.

Between April and May 2006 the Company sold a total of 2,700,000 shares of
common stock to seven investors for gross proceeds of $1,000.

                                       11
<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 sell our products directly to
resorts, hotels and retailers with beach locations in south Florida, Bermuda,
the Bahamas, Dominican Republic, Illinois, Michigan, Alabama, New Hampshire,
Rhode Island, Connecticut, New York, South Carolina, Maine, Maryland and New
Jersey. Our customers are primarily beach front stores and hotels with high
volume tourist traffic.

         Formed in 2002, we are a relatively new company with no long history of
operations on which an investor can evaluate our historical and future financial
performance. 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.

         The suncare 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 the end of First Quarter Fiscal 2006 we have been successful in
steadily increasing the number of our customers and in First Quarter Fiscal 2006
we began to penetrate national chain stores with sales to a number of Walgreens
locations in Florida.

         The principal features of our growth strategy for fiscal 2006 include:

         o leverage our distributorship of the Safe Sea Jelly Fish Inhibitor
product to give us a unique product line into a retailer "must carry." With that
relationship we believe that we will be able to use our sun screen, tanning oil,
after-sun and lip balm products as well as our merchandising and promotion
materials to expand our role in the stores;

         o utilize our sales team to enter into new markets and new types of
retail outlets. The SPF 30 1.5 oz. sample size bottles were developed
specifically for convenience markets such as golf courses, pro shops, point of
purchase displays and other impulse-type markets. We believe that having our
representatives add this type of retail outlet to their list of prospective
accounts it gives them increased opportunities for sales while maintaining a
manageable service area;

         o attend marketing conferences that give us increased exposure to
independent and corporate retailers throughout the country. Two conferences
recently attended are the Surf Expo held in Orlando, Florida in January 2006 of
this year and the ECRM- Sun Care conference held in Ft. Lauderdale, Florida in
July of 2005. We believe that both conferences have given us nationwide sales
and marketing exposure with a relatively small investment in time, money and
human resources; and

                                       12
<PAGE>

         o develop a distributor network in the marine, gift and consumer
product industries. 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.

         In order to continue to grow our business and implement these marketing
initiatives 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.

RESULTS OF OPERATIONS

THREE MONTHS ENDED MARCH 31, 2006 ("FIRST QUARTER FISCAL 2006") AS COMPARED TO
THE THREE MONTHS ENDED MARCH 31, 2005 ("FIRST QUARTER FISCAL 2005")
<TABLE>
<CAPTION>
                                   First Quarter      First Quarter         Increase/           Increase/
                                       Fiscal             Fiscal           (Decrease)          (Decrease)
                                        2006               2005          $ 2006 vs 2005      % 2006 vs 2005
                                   -------------      -------------      --------------      --------------
<S>                                  <C>                <C>                <C>                  <C>
Sales ......................         $  58,807          $  29,585          $  29,222               98.8%
Gross profit ...............             8,347             12,147             (3,800)            (31.3)%

Operating expenses:
  General and administrative
   expenses ................            87,306             69,135             18,171               26.3%
  Salary expenses officers'             50,000             31,250             18,750               60.0%
  Depreciation .............             1,974                156              1,818              1,165%
                                     ---------          ---------          ---------            --------
Total operating expenses ...           139,280            100,541             38,739               38.5%

                                     ---------          ---------          ---------            --------
Net (loss) from operations .          (130,933)           (88,394)            42,539               48.1%

Total other (income) and
 expenses ..................            (5,064)            20,596             25,660                  NM

                                     =========          =========          =========            ========
Net loss ...................         $(135,997)         $ (67,798)         $  68,199                101%
                                     =========          =========          =========            ========
NM = not meaningful
</TABLE>

OTHER KEY INDICATORS:
                                                      First Quarter
                                                     ----------------
                                                     Fiscal    Fiscal      % of
                                                      2006      2005      change
                                                     ------    ------     ------

Cost of goods sold as a percentage of sales ...       85.8%     58.9%     +26.9%
Gross profit margin as a percentage of sales ..       14.2%     41.1%     -26.9%
G&A expenses, including officers' salaries,
  as a percentage of sales ....................        233%      339%      -106%

                                       13
<PAGE>

SALES

         We reported sales of $58,807, for the First Quarter of Fiscal 2006, an
increase of $29,222 or approximately 98.8% from the First Quarter of Fiscal
2005. In May 2005 we introduced our new line of after-sun care products
including tan extender and skin replenisher and introduced new packaging for our
tanning oils. The increase in our sales during the First Quarter Fiscal 2006
reflects the introduction of our full product line as well as sales of Safe Sea.
During the three months ended March 31, 2006 revenues from our products
increased approximately $18,000, or approximately 60%,. from the comparable
quarter in fiscal 2005. During the first quarter of fiscal 2006 approximately
20% of our revenues were attributable to sales of Safe Sea Jelly Fish Inhibitor.
During fiscal 2006 we have continued to establish new accounts in our target
market areas and we anticipate that our sales for the balance of fiscal 2006
will increase from those reported during comparable periods in fiscal 2005, both
as a result of organic growth of our products as well as revenues from our
distributorship of the Safe Sea product.

COST OF GOODS SOLD AND GROSS PROFIT

         Our costs of sales as a percentage of sales increased to approximately
85.5% for First Quarter Fiscal 2006 as compared to approximately 58.9% for First
Quarter Fiscal 2005. As a result of the increase in our cost of sales as a
percentage of sales our gross profit margin for First Quarter Fiscal 2006
decreased approximately 26.9% to approximately 14.2% from approximately 41.1%
for First Quarter Fiscal 2005. The increases in cost of goods sold as a
percentage of revenues and decreases in margins during the three months ended
March 31, 2006 as compared to the three months ended March 31, 2005 is the
result of both increased packaging costs and the introduction of Safe Sea to our
product line which initially carried a lower profit margin than our other
products. During the first quarter of fiscal 2005 our packaging costs were
reduced as a result of our wholesale purchase at a one-time reduced price of
certain packaging components. We have substantially used those components and,
accordingly, our costs of sales during the first quarter of fiscal 2006 reflects
our normal packaging costs. As a result of the terms of the licensing agreement
we entered into in March 2006 with Nidaria Technology Ltd. we believe that our
margins on the Safe Sea product will increase in future periods.

TOTAL OPERATING EXPENSES

         Our total operating expenses for First Quarter Fiscal 2006 increased
$38,739, or approximately 38.5%, from First Quarter Fiscal 2005. Included in
this increase was an increase in general and administrative expenses of $18,171,
or approximately 26%, for First Quarter Fiscal 2006 from First Quarter Fiscal
2005. This increase in general and administrative expenses primarily included:

         o an increase of approximately $13,400 in salaries, compensation and
related expenses. We presently have two full time sales persons which we believe
are sufficient for our current and immediate needs,

         o an increase of approximately $3,200 in auto expense attributable to
the addition to two sales persons in later part of fiscal 2005,

         o an increase of approximately $5,000 in professional fees related to
our obligations as a public company; and

         o an increase of approximately $4,700 in licensing fees as a result of
entering into the licensing agreement with Nidaria Technology Ltd. for the Safe
Sea products as described below.

                                       14
<PAGE>

         During the First Quarter Fiscal 2006 salary expense officers increased
$18,750, or approximately 60%, from the First Quarter Fiscal 2005 which reflects
the increase in annual salaries paid to our executive officers under the terms
of their employment agreements. As set forth below, 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.

         During First Quarter Fiscal 2006 depreciation expense also increased
$1,818 from First Quarter Fiscal 2005 which also includes the purchase of two
additional vehicles for use by our sales personnel.

         We anticipate that our total operating expenses will continue to
increase in future periods as our sales increase. Included in these anticipated
increases are salaries and benefits for additional employees, increased
marketing and advertising expenses and increased rental expense. We also
anticipate that our professional fees will continue to increase as we seek to
raise additional capital. We cannot, however, at this time predict the amount of
any of these increases.

OTHER (INCOME) AND EXPENSES

         Other (income) and expenses for First Quarter Fiscal 2006 represented
interest expense of $5,064 as compared to interest expense of $7,722 for First
Quarter Fiscal 2005. In addition, other (income) and expenses for First Quarter
fiscal 2005 included a one-time gain on recission interest of $28,318 which
represents interest we had accrued during fiscal 2004 in connection with the
rescission offer to our stockholders which was completed in March 2005. We did
not have a comparable gain in the First Quarter Fiscal 2006.

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. We have experienced losses and negative cash flows from
operations since inception and the report of our independent registered public
accounting firm on our financial statements for fiscal 2005 contains an
explanatory paragraph regarding our ability to continue as going concern. At
March 31, 2006, we had cash on hand of approximately $36,000. and a working
capital deficiency of approximately $716,200, which includes approximately
$459,000 of accrued salaries due our executive officers which were forgiven in
April 2006, as well as $30,000 of short term debt due to certain of our
affiliates.

         During First Quarter Fiscal 2006, our cash balance decreased $13,983.
This decrease consisted of $79,983 used in operating activities offset by
$66,000 provided by financing activities.

         Cash flows used in operating activities for First Quarter Fiscal 2006
declined approximately $17,600 from First Quarter Fiscal 2005. This change,
which includes an increase in our net loss for the for First Quarter Fiscal 2006
of $68,000 from First Quarter Fiscal 2005, is primarily attributable to changes
in operating assets and liabilities including an increase in accounts payable
and accrued expenses of $13,757 as a result of an inventory purchase of Safe Sea
products, and an increase of accrued payroll of $18,750 as a result of salary
increases under the terms of the employment agreements with our executive
officers.

         Cash flows from financing activities increased $47,000 during First
Quarter Fiscal 2006 from the comparable period in fiscal 2005. During the First
Quarter Fiscal 2006 we received $66,000 from the issuance of securities.

                                       15
<PAGE>

During the First Quarter Fiscal 2005 we received $25,000 from the sales of
securities which was offset by the refund of stock which was subject to a
recission offer.

         The report of our independent registered public accounting firm on our
consolidated financial statements as of December 31, 2005 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 $1,196,286 at March 31, 2006.
While we do not presently have any commitments for capital expenditures, in
March 2006, we entered into an agreement with Nidaria Technology Ltd. which
granted us exclusive distribution rights for Nidaria's Safe Sea sun care
products in the United States, Mexico and Caribbean for a period of five years.
Under the terms of the agreement, we are required to satisfy minimum purchase
requirements over the five-year term and we are obligated to provide a license
fee of between $45,000 and $75,000 per year in order to maintain exclusivity. In
addition, we committed to a marketing budget of at lease $1 million for the five
year the term of the agreement.

         In addition to our obligations under this licensing agreement, we have
$30,000 in demand notes owed to our officers and an employee and $200,000
principal amount outstanding under a debenture due in August 2006. At present we
do not have sufficient funds to satisfy these obligations.

         At March 31, 2006 we had accrued salaries due our executive officers of
$535,826. On April 11, 2006 Messrs. Brian S. John, Richard A. Miller and Frank
V. Benedetto, Jr. entered into agreements to forgive an aggregate of $485,826 of
accrued but unpaid compensation payable to them under the terms of employment
agreements. This amount will be treated as a capital contribution during the
second quarter of fiscal 2006. These officers have agreed to continue to defer
payment of their salaries until such time as we have sufficient working capital
to satisfy these obligations. At our present level of operations we will not
have sufficient funds to begin paying these salaries on a current basis in the
foreseeable future, or to satisfy these debt obligations.

         If we are to fully implement our business plan, we anticipate that our
use of cash will be substantial for the foreseeable future, and will exceed our
cash flow from operations during the next 12 months and thereafter, absent a
significant increase in sales. To fully implement our business plan, over the
next 12 months we anticipate that we will require additional working capital for
increasing our inventory of existing and new products, for salaries and wages,
and for increased marketing and advertising. Unless sales significantly increase
over the next 12 months, we will not have significant working capital to satisfy
our obligations, hire additional employees, increase our levels of inventory,
market our products or otherwise pursue our business plan.

         It is our intent to seek additional capital in the private and/or
public equity markets during fiscal 2006 to continue to implement our plan of
operation. 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 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. Further, 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

                                       16
<PAGE>

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 and
we could be required to cease operations.

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, 2005 Consolidated Financial Statements. 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.

Start-up Costs

         Costs of start-up activities, including organization costs, are
expensed as incurred, in accordance with Statement of Position (SOP) 98-5.

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 June 2005, the Financial Accounting Standards Board issued SFAS No.
154, Accounting Changes and Error Corrections, a replacement of APB Opinion No.
20, Accounting Changes, and Statement No 3, Reporting Accounting Changes in

                                       17
<PAGE>

Interim Financial Statements ("SFAS 154") . SFAS 154 changes the requirements
for the accounting for, and reporting of, a change in accounting principle.
Previously, most voluntary changes in accounting principles were required to be
recognized by way of a cumulative effect adjustment within net income during the
period of the change. SFAS 154 requires retrospective application to prior
periods' financial statements, unless it is impracticable to determine either
the period-specific effects or the cumulative effect of the change. SFAS 154 is
effective for accounting changes made in fiscal years beginning after December
15, 2005; however, the Statement does not change the transition provisions of
any existing accounting pronouncements. The Company does not believe that the
adoption of SFAS 154 will have a material effect on its financial position,
results of operations or cash flows.

ITEM 3.  CONTROLS AND PROCEDURES

         As required by Rule 13a-15 under the Securities Exchange Act of 1934,
as of December 31, 2005, the end of the period covered by this quarterly 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.


                           PART II. OTHER INFORMATION

ITEM 1.  LEGAL PROCEEDINGS.

None.

                                       18
<PAGE>

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

         In March 2006 and May 2006 we sold an aggregate of 2,700,000 shares of
our common stock to seven accredited investors in private transactions exempt
from registration under the Securities Act of 1933 in reliance on the exemption
provided by Section 4(2) of that act. We received proceeds of $135,000 in these
transactions and did not pay a commission on the sales.

         On April 1, 2006 we entered into a six month agreement with Oceanic
Consulting, LLC to provide investor relations for our company. As compensation
for its services which were valued at $129,800, we sold the consultant a total
of 2,000,000 shares of common stock at a price of $200 in a transaction exempt
from registration under the Securities Act of 1933 in reliance on an exemption
provided by Section 4(2) of that act. We granted the consultant piggy back
registration rights covering these shares and agreed to include them in our next
registration statement.

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.

Dated:  May 17, 2006                    By: /s/ Brian John
                                            --------------
                                        Brian John, Chief Executive Officer,
                                        principal executive officer and
                                        principal accounting officer

                                       19