U.S. 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: 333-103986

NANO-JET CORP.(Exact name of small business issuer as specified
in its charter)

|                                                               |                                  
|-------------------------------------------------------------- | ---------------------------------
|Nevada                                                         | 98-0384073                       
|(State or other jurisdiction of incorporation or
organization) | (IRS Employer Identification No.)



15321 Main Street, Suite
102

PO Box 5000, PMB 152

Duvall, WA 98019

(Address
of principal executive offices)

(425) 451-8036(Issuers Telephone Number)

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), Yes XX   No ___    and (2) has been subject to such
filing requirements for the past 90 days. Yes XX   No
   ___

Shell
Company:

[
 ] Yes

[X]

No

As
of September 30, 2007, the issuer had 40,569,633 issued and outstanding of its
common stock.

PART I  FINANCIAL INFORMATION

Item
1. Financial Statement



---







|                                  
|----------------------------------
|NANO-JET, CORP                    
|(Formerly LFG INTERNATIONAL, INC.)
|(A development stage enterprise)  







Balance
Sheet:

September
30, 2007

F-2



Statements of
Operations:

For
the periods ended September 30, 2007 and 2006

F-3



Statements of
Stockholders' Deficit:

For
the periods ended September 30, 2007 and 2006

F-4



Statements of Cash
Flows:

For
the periods ended September 30, 2007 and 2006

F-5



Notes to Financial
Statements:

September
30, 2007 and 2006

F-6













































F-1



---







|                                                         |  |  |  |                 
|-------------------------------------------------------- |  |  |  | ----------------
|NANO-JET, CORP                                          
|(Formerly LFG
INTERNATIONAL, INC.)                      
|(A development stage
enterprise)                        
|Balance Sheet                                           
|UNAUDITED                                               
|                                                         |  |  |  |                 
|                                                         |  |  |  | September 30,   
|                                                         |  |  |  | 2007            
|                                                         |  |  |  |                 
|ASSETS                                                   |  |  |  |                 
|Current assets:                                          |  |  |  |                 
|Cash                                                     |  |  |  | $
     221,811  
|Funds held in trust,
Attorney                            |  |  |  | -               
|Accounts receivable                                      |  |  |  | -               
|Inventory                                                |  |  |  | 98,008          
|Total current
assets                                     |  |  |  | $
     319,819  
|                                                         |  |  |  |                 
|Fixed Assets                                             |  |  |  |                 
|Furniture                                                |  |  |  | $
         4,627
|Computer
Equipment                                       |  |  |  | 8,006           
|Leasehold
Improvements                                   |  |  |  | 12,224          
|Total
Fixed Assets                                       |  |  |  | $
       24,857 
|                                                         |  |  |  |                 
|Other Assets                                             |  |  |  |                 
|Deposits                                                 |  |  |  | $
         5,000
|Goodwill                                                 |  |  |  | 173,185         
|Total Other
Assets                                       |  |  |  | $
     178,185  
|Total
assets                                             |  |  |  | $
     522,861  
|                                                         |  |  |  |                 
|                                                         |  |  |  |                 
|LIABILITIES                                              |  |  |  |                 
|Current liabilities:                                     |  |  |  |                 
|Accounts payable and
accrued expenses                    |  |  |  | $
       27,320 
|Advances from
shareholder                                |  |  |  | 1,411           
|Advance from Lantz
Financial, Inc.                       |  |  |  | 24,500          
|Total current
liabilities                                |  |  |  | $
       53,231 
|                                                         |  |  |  |                 
|Long-term  liabilities:                                  |  |  |  |                 
|Convertibles Notes Payable                               |  |  |  | $   1,000,000   
|                                                         |  |  |  |                 
|Total long-term
liabilities                              |  |  |  | $   1,000,000   
|                                                         |  |  |  |                 
|Total
liabilities                                        |  |  |  | 1,053,231       
|                                                         |  |  |  |                 
|                                                         |  |  |  |                 
|STOCKHOLDERS' DEFICIT                                    |  |  |  |                 
|Common stock, $.001 par value,
1,000,000,000 authorized, |  |  |  |                 
|40,569,633 shares issued and
outstanding                 |  |  |  | 40,669          
|Capital in excess of par value                           |  |  |  | 171,900         
|Deficit accumulated during the
development stage         |  |  |  | (742,939)       
|Total
stockholders' deficit                              |  |  |  | (530,370)       
|Total
liabilities and stockholders' deficit              |  |  |  | $
     522,861  
|                                                         |  |  |  |                 
|                                                         |  |  |  |                 
|                                                         |  |  |  |                 
|                                                         |  |  |  |                 
|F-2                                                      |  |  |  |                 



The accompanying notes are an integral part of these
statements.



---







|                                              |  |                  |  |                                  |  |                                 |  |                     |  |                   
|--------------------------------------------- |  | ---------------- |  | -------------------------------- |  | ------------------------------- |  | ------------------- |  | ------------------
|NANO-JET, CORP                               
|(Formerly LFG
INTERNATIONAL, INC.)           
|(A development stage
enterprise)             
|Statements of Operations                     
|UNAUDITED                                    
|                                              |  | Cumulative,      |  |                                  |  |                                 |  |                     |  |                   
|                                              |  | Inception,       |  |                                  |  |                                 |  |                     |  |                   
|                                              |  | November 22,     |  |                                  |  |                                 |  |                     |  |                   
|                                              |  | 2002 Through     |  |                                  |  |                                 |  |                     |  |                   
|                                              |  | September 30     |  | Three Months Ended
September 30, |  | Nine Months Ended
September 30,
|                                              |  | 2007             |  | 2007                             |  | 2006                            |  | 2007                |  | 2006              
|                                              |  |                  |  |                                  |  |                                 |  |                     |  |                   
|Sales                                         |  | $
         8,640 |  | $
         1,365                 |  | $
               -              |  | 8,640               |  | 0                 
|                                              |  |                  |  |                                  |  |                                 |  |                     |  |                   
|Cost of Sales                                 |  | $
         6,000 |  | $
         1,000                 |  |                                 |  | 6,000               |  | 0                 
|                                              |  |                  |  |                                  |  |                                 |  |                     |  |                   
|Gross Profit                                  |  | $
         2,640 |  | $
            365                |  | $
               -              |  | $
           2,640  |  | $
               -
|                                              |  |                  |  |                                  |  |                                 |  |                     |  |                   
|General and administrative expenses:          |  |                  |  |                                  |  |                                 |  |                     |  |                   
|Salaries                                      |  |                  |  |                                  |  |                                 |  |                     |  |                   
|Amortization                                  |  | 2,609            |  | -                                |  | -                               |  |                     |  |                   
|Legal and professional fees                   |  | 539,361          |  | 184,131                          |  | 7,000                           |  | 349,423             |  | 30,664            
|Other general and administrative              |  | 206,306          |  | 67,868                           |  | 500                             |  | 187,930             |  | 911               
|Total operating
expenses                      |  | 748,276          |  | 251,999                          |  | 7,500                           |  | 537,353             |  | 31,575            
|(Loss) from
operations                        |  | (745,636)        |  | (251,634)                        |  | (7,500)                         |  | (534,713)           |  | (31,575)          
|                                              |  |                  |  |                                  |  |                                 |  |                     |  |                   
|Other income (expense):                       |  |                  |  |                                  |  |                                 |  |                     |  |                   
|Interest Income (expense)                     |  | 2,697            |  | 3,014                            |  | -                               |  | 3,014               |  | (60)              
|(Loss) before taxes                           |  | (742,939)        |  | (248,620)                        |  | (7,500)                         |  | (531,699)           |  | (31,635)          
|                                              |  |                  |  |                                  |  |                                 |  |                     |  |                   
|Provision (credit) for taxes on income        |  | -                |  | -                                |  | -                               |  |                     |  | -                 
|Net (loss)                                    |  | $
   (742,939)   |  | $
   (248,620)                   |  | $
       (7,500)                |  | $
     (531,699)    |  | $
     (31,635)   
|                                              |  |                  |  |                                  |  |                                 |  |                     |  |                   
|                                              |  |                  |  |                                  |  |                                 |  |                     |  |                   
|Basic earnings (loss) per common share        |  |                  |  | $
         (0.01)                |  | $
         (0.04)               |  | $
           (0.01) |  | $
         (0.16) 
|                                              |  |                  |  |                                  |  |                                 |  |                     |  |                   
|Weighted average number of shares
outstanding |  |                  |  | 40,669,633                       |  | 201,026                         |  | 40,669,633          |  | 201,026           
|                                              |  |                  |  |                                  |  |                                 |  |                     |  |                   
|                                              |  |                  |  |                                  |  |                                 |  |                     |  |                   
|F-3                                           |  |                  |  |                                  |  |                                 |  |                     |  |                   



The
accompanying notes are an integral part of these statements



---







|                                                                  |  |               |   |                       |   |                   |   |                        |  |                
|----------------------------------------------------------------- |  | ------------- | - | --------------------- | - | ----------------- | - | ---------------------- |  | ---------------
|NANO-JET, CORP                                                   
|(FormerlyLFG INTERNATIONAL,
INC.)                                
|(A development stage
enterprise)                                 
|Statements of Stockholders'
Deficit                              
|UNAUDITED                                                        
|                                                                  |  |               |   |                       |   |                   |   | Deficit                |  |                
|                                                                  |  |               |   |                       |   |                   |   | Accumulated            |  |                
|                                                                  |  |               |   |                       |   | Capital in        |   | During the             |  |                
|                                                                  |  | Common Stock  |   | Excess of             |   | Development       |   |                       
|                                                                  |  | Shares        |   | Amount                |   | Par Value         |   | Stage                  |  | Total          
|                                                                  |  |               |   |                       |   |                   |   |                        |  |                
|Inception, November 22, 2002 through
December 31, 2005 (Audited): |  |               |   |                       |   |                  
|Inception, November 22, 2002                                      |  | -             |   | $
                  - |   | $
              - |   | $
                   - |  | $
            -
|Shares issued for cash                                            |  | 300,000       |   | 300                   |   | 2,700             |   |                        |  | 3,000          
|Development stage net (loss)                                      |  |               |   |                       |   |                   |   | (1,782)                |  | (1,782)        
|Balances, December 31, 2002                                       |  | 300,000       |   | $
               300  |   | $
        2,700   |   | $
           (1,782)   |  | $
      1,218  
|                                                                  |  |               |   |                       |   |                   |   |                        |  |                
|Shares issued for cash                                            |  | 3,150,000     |   | 3,150                 |   | 64,350            |   |                        |  | 67,500         
|Development stage net (loss)                                      |  |               |   |                       |   |                   |   | (15,269)               |  | (15,269)       
|Balances, December 31, 2003                                       |  | 3,450,000     |   | $
            3,450   |   | $
      67,050    |   | $
         (17,051)    |  | $     53,449   
|                                                                  |  |               |   |                       |   |                   |   |                        |  |                
|Shares issued for cash                                            |  | 202,500       |   | 203                   |   | 20,047            |   |                        |  | 20,250         
|Less, Expenses in connection                                      |  |               |   |                       |   |                   |   |                        |  |                
|with stock offering                                               |  |               |   |                       |   | (18,683)          |   |                        |  | (18,683)       
|Effect of 5 for 1                                                 |  |               |   |                       |   |                   |   |                        |  |                
|forward split                                                     |  | 14,610,000    |   | 14,610                |   | (14,610)          |   |                        |  | -              
|Effect of 16.5 for 1                                              |  |               |   |                       |   |                   |   |                        |  |                
|forward split                                                     |  | 282,068,750   |   | 283,068               |   | (283,068)         |   |                        |  | -              
|Transfer of deficit in Capital in                                 |  |               |   |                       |   |                   |   |                        |  |                
|excess of par value to                                            |  |               |   |                       |   |                   |   |                        |  |                
|Accumulated deficit                                               |  |               |   |                       |   | 229,264           |   | (229,264)              |  | -              
|Development stage net (loss)                                      |  |               |   |                       |   |                   |   | (81,663)               |  | (81,663)       
|Balances, December 31, 2004                                       |  | 300,331,250   |   | $
        301,331     |   | $
              - |   | $
       (327,978)     |  | $   (26,647)   
|Effect of 1 for 300                                               |  |               |   |                       |   |                   |   |                        |  |                
|reverse split, including restor-                                  |  |               |   |                       |   |                   |   |                        |  |                
|ation of charge transferred from                                  |  |               |   |                       |   |                   |   |                        |  |                
|capital in excess of par value
in                                 |  |               |   |                       |   |                   |   |                        |  |                
|connnection with prior forward                                    |  |               |   |                       |   |                   |   |                        |  |                
|split                                                             |  | (299,326,724) |   | (300,326)             |   | 71,062            |   | 229,264                |  | -              
|Development stage net (loss)                                      |  |               |   |                       |   |                   |   | (42,176)               |  | (42,176)       
|Effect of 1 for 15 reverse                                        |  |               |   |                       |   |                   |   |                        |  |                
|split on January 3, 2006                                          |  | (937,393)     |   | (938)                 |   | 938               |   |                        |  | -              
|Balances, December 31, 2005                                       |  | 67,133        | - | $
                 67 | - | $
      72,000    | - | $
       (140,890)     |  | $   (68,823)   
|Year ended December 31, 2006:                                     |  |               |   |                       |   |                   |   |                        | 
|Shares issued in merger                                           |  | 40,502,500    |   | 40,502                |   |                   |   |                        |  | 40,502         
|                                                                  |  |               |   |                       |   |                   |   |                        |  |                
|Development stage net (loss)                                      |  |               |   |                       |   |                   |   | (70,350)               |  | (70,350)       
|Balances, December 31, 2006                                       |  | 40,569,633    |   | $
          40,569    |   | $
      72,000    |   | $
       (211,240)     |  | $   (98,671)   
|Nine months Ended                                                 |  |               |   |                       |   |                   |   |                        |  |                
|September 30, 2007                                                |  |               |   |                       |   |                   |   |                        |  |                
|Shares Issued to Bellewood Corp.                                  |  | 100,000       |   | 100                   |   | 99,900            |   |                        |  | 100,000        
|                                                                  |  |               |   |                       |   |                   |   |                        |  |                
|Development stage net (loss)                                      |  |               |   |                       |   |                   |   | (531,699)              |  | (531,699)      
|                                                                  |  | 40,669,633    |   | $
          40,669    |   | $     171,900     |   | $
       (742,939)     |  | $ (530,370)    
|                                                                  |  |               |   |                       |   |                   |   |                        |  |                
|F-4                                                               |  |               |   |                       |   |                   |   |                        |  |                
|                                                                  |  |               |   |                       |   |                   |   |                        |  |                

The
accompanying notes are an integral part of these statements.



---







|                                                   |  |                    |  |                                  |  |                                 |  |                  |  |                  
|-------------------------------------------------- |  | ------------------ |  | -------------------------------- |  | ------------------------------- |  | ---------------- |  | -----------------
|NANO-JET, CORP                                    
|(FormerlyLFG INTERNATIONAL, INC.)                 
|(A development stage enterprise)                  
|Statements of Cash Flows                          
|UNAUDITED                                         
|                                                   |  | Cumulative,        |  |                                  |  |                                 |  |                  |  |                  
|                                                   |  | Inception,         |  |                                  |  |                                 |  |                  |  |                  
|                                                   |  | November 22,       |  |                                  |  |                                 |  |                  |  |                  
|                                                   |  | 2002 Through       |  |                                  |  |                                 |  |                  |  |                  
|                                                   |  | September 30       |  | Three Months Ended September 30, |  | Nine Months Ended September 30,
|                                                   |  | 2007               |  | 2007                             |  | 2006                            |  | 2007             |  | 2006             
|Cash flows
from operating activities:              |  |                    |  |                                  |  |                                 |  |                  |  |                  
|Net
(loss)                                         |  | $     (742,939)    |  | $     (248,620)                  |  | $
        (7,500)               |  | $     (531,699)  |  | $       (31,635) 
|Adjustments
to reconcile net (loss) to cash        |  |                    |  |                                  |  |                                 |  |                  |  |                  
|provided
(used) by developmental stage activities: |  |                    |  |                                  |  |                                 |  |                  |  |                  
|Common
stock issued for services                   |  |                    |  |                                  |  |                                 |  |                  |  |                  
|Amortization                                       |  | 2,609              |  | -                                |  | -                               |  |                  |  |                  
|Change
in current assets and liabilities:          |  |                    |  |                                  |  |                                 |  |                  |  |                  
|Inventory                                          |  | (98,008)           |  | 1,000                            |  |                                 |  | (88,140)         |  |                  
|Funds
held in trust, Attorney                      |  | -                  |  | 1,412                            |  | -                               |  | 1,412            |  | (3,940)          
|Deposits                                           |  | (5,000)            |  | (5,000)                          |  |                                 |  | (5,000)          |  |                  
|Accounts
payable and accrued expenses              |  | 35,765             |  | -                                |  | -                               |  |                  |  | 25,575           
|Net
cash flows from operating activities           |  | (807,573)          |  | (251,208)                        |  | (7,500)                         |  | (623,427)        |  | (10,000)         
|                                                   |  |                    |  |                                  |  |                                 |  |                  |  |                  
|Cash flows
from investing activities:              |  |                    |  |                                  |  |                                 |  |                  |  |                  
|Proceeds
from Merger                               |  | 447                |  | -                                |  | 447                             |  |                  |  | $
            447
|Purchase
of Furniture & Equipment                  |  | (24,858)           |  | (14,758)                         |  |                                 |  | $       (24,858) |  |                  
|Website
development costs incurred                 |  | (2,609)            |  | -                                |  | -                               |  | -                |  | -                
|Net
cash flows from investing activities           |  | (27,020)           |  | (14,758)                         |  | 447                             |  | (24,858)         |  | 447              
|                                                   |  |                    |  |                                  |  |                                 |  |                  |  |                  
|Cash flows
from financing activities:              |  |                    |  |                                  |  |                                 |  |                  |  |                  
|Proceeds
from sale of common stock                 |  | 190,750            |  | 100,000                          |  | -                               |  | $      100,000   |  |                  
|Less,
Offering expenses                            |  | (18,683)           |  | -                                |  | -                               |  |                  |  |                  
|Advances
from shareholder                          |  | (140,163)          |  | (60,500)                         |  |                                 |  | (169,000)        |  |                  
|Convertible
Note Payable                           |  | 1,000,000          |  |                                  |  |                                 |  | 800,000          |  |                  
|Advance
from Lantz Financial, Inc.                 |  | 24,500             |  | -                                |  | 7,500                           |  | -                |  | 10,000           
|Net
cash flows from financing activities           |  | 1,056,404          |  | 39,500                           |  | 7,500                           |  | 731,000          |  | 10,000           
|Net
cash flows                                     |  | 221,811            |  | (226,466)                        |  | 447                             |  | 82,715           |  | 447              
|                                                   |  |                    |  |                                  |  |                                 |  |                  |  |                  
|Cash and
equivalents, beginning of period          |  | -                  |  | 448,277                          |  | -                               |  | 139,096          |  | -                
|Cash and
equivalents, end of period                |  | $      221,811     |  | $      221,811                   |  | $
            447               |  | $      221,811   |  | $
            447
|                                                   |  |                    |  |                                  |  |                                 |  |                  |  |                  
|Supplemental
cash flow disclosures:                |  |                    |  |                                  |  |                                 |  |                  |  |                  
|Cash
paid for interest                             |  | $
           (317) |  | $
               -               |  | $
           (257)              |  |                  |  |                  
|Cash
paid for income taxes                         |  | -                  |  | -                                |  | -                               |  |                  |  |                  
|                                                   |  |                    |  |                                  |  |                                 |  |                  |  |                  
|F-5                                                |  |                    |  |                                  |  |                                 |  |                  |  |                  





The accompanying notes are an integral part of these
statements.

NANO-JET CORP.

Formerly LFG INTERNATIONAL, INC.

(A development stage enterprise)

Notes to Financial Statements

September 30, 2007







Note
1 - Organization and summary of significant accounting policies:

Following is a summary of the Companys organization and
significant accounting policies:

Organization and nature of business Nano-Jet Corp,
formerly LFG International, Inc (We, or the Company) is a
Nevada corporation incorporated on November 4, 2002. Effective August 27, 2004,
we changed our name to LFG International, Inc.  We were based in Vancouver,
British Columbia, Canada, but in 2004 moved our base to Bellevue, Washington. On
September 30, 2006 the Company acquired Nano-Jet Corp in a purchase transaction.

It was originally our intent is to become an automobile vendor to
export pre-owned Canadian vehicles for sale in the United States and Canada. A
website was developed and was intended to be the core component of our marketing
and advertising strategy. However, on August 16, 2004, we signed a Letter of
Intent with London Finance Group, Ltd., a British company (London), for a share
exchange of all of the shares of London for common and preferred stock of CanAm
(now renamed LFG International, Inc.). London has several subsidiaries,
including two European banks and a software trading platform. At the time of the
agreement, existing officers and directors resigned, and new officers and
directors were elected.

However, conditions that were required to be met in connection
with the agreement were not met. Accordingly, the agreement was canceled by
mutual consent on December 15, 2004.  There were no significant penalties
incurred by us as a result of the cancellation.

Because of the termination of the agreement, we are not now
engaged in any business and are seeking other business opportunities. We have
abandoned our plan to export pre-owned automobiles.

Since inception, our activities have been limited to formation and
the raising of equity capital, and searching for business opportunities. In our
current development stage, management anticipates incurring substantial
additional losses as additional capital is raised and the business plan is
implemented.

Subsequent
to the acquisition of Nano-Jet the company has secured additional financing and
has begun operations in the field of importing devices to be used in automobile
and truck engines.



Basis of presentation Our accounting and reporting
policies conform to U.S. generally accepted accounting principles applicable to
development stage enterprises.  Changes in classification of 2003 amounts
have been made to conform to current presentations.

Use of estimates -The preparation of financial statements
in conformity with generally accepted accounting principles 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 amount of revenues and expenses during
the reporting period. Actual results could differ from those estimates.

Cash and cash equivalents -For purposes of the statement of
cash flows, we consider all cash in banks, money market funds, and certificates
of deposit with a maturity of less than three months to be cash equivalents.

Funds held in trust, Attorney  Our attorney holds funds
for our account from time to time, and uses them to pay corporate expenses.
 We do not have a bank account.  We consider such funds to be a
current asset, but do not consider them to be cash equivalents.



6



---

NANO-JET CORP.

Formerly LFG INTERNATIONAL, INC.

(A development stage enterprise)

Notes to Financial Statements

September 30, 2007







Website development costs We follow Emerging Issues Task
Force Issue No. 00-2, Accounting for Website Development Costs,
(EITF Issue No. 00-2), which provides that for specific website development
costs, the accounting should be based generally on AICPA Statement of Position
98-1, Accounting for the Costs of Computer Software Developed or Obtained
for Internal Use.  Under SOP 98-1, development costs are
capitalized and amortized to income over the estimated useful life of the
website.  We amortized our costs over a period ending in November, 2004, at
which time our domain registration expired.  Amortization expense recorded
was $0 (2005) and $2,174 (2004).

Fair value of financial instruments and derivative financial
instruments  We have adopted Statements of Financial Accounting Standards
regarding Disclosure About Derivative Financial Instruments and Fair Value of
Financial Instruments. The carrying amounts of cash, accounts payable,
accrued expenses, and other current liabilities approximate fair value because
of the short maturity of these items. These fair value estimates are subjective
in nature and involve uncertainties and matters of significant judgment, and,
therefore, cannot be determined with precision. Changes in assumptions could
significantly affect these estimates.  We do not hold or issue financial
instruments for trading purposes, nor do we utilize derivative instruments in
the management of foreign exchange, commodity price or interest rate market
risks.

Federal income taxes  Deferred income taxes are reported
for timing differences between items of income or expense reported in the
financial statements and those reported for income tax purposes in accordance
with Statements of Financial Accounting Standards regarding Accounting for
Income Taxes, which requires the use of the asset/liability method of
accounting for income taxes. Deferred income taxes and tax benefits are
recognized for the future tax consequences attributable to differences between
the financial statement carrying amounts of existing assets and liabilities and
their respective tax bases, and for tax loss and credit carryforwards.
 Deferred tax assets and liabilities are measured using enacted tax rates
expected to apply to taxable income in the years in which those temporary
differences are expected to be recovered or settled.  Deferred taxes are
provided for the estimated future tax effects attributable to temporary
differences and carryforwards when realization is more likely than not.

Net income per share of common stock  We have adopted
Statements of Financial Standards regarding Earnings per Share, which
requires presentation of basic and diluted EPS on the face of the income
statement for all entities with complex capital structures and requires a
reconciliation of the numerator and denominator of the basic EPS computation to
the numerator and denominator of the diluted EPS computation.  In the
accompanying financial statements, basic earnings per share of common stock is
computed by dividing net income by the weighted average number of shares of
common stock outstanding during the period.  We do not have a complex
capital structure requiring the computation of diluted earnings per share.

Note 2  Uncertainty, going concern:

At December 31, 2005, we were not currently engaged in a business
and had suffered losses from development stage activities to date. In addition,
current liabilities exceed current assets, and we have no operating funds.
Although management is currently attempting to identify business opportunities
and is seeking additional sources of equity or debt financing, there is no
assurance these activities will be successful. Accordingly, we must rely on our
officers to perform essential functions without compensation until a business
operation can be commenced.  No amounts have been recorded in the
accompanying financial statements for the value of officers services, as it is
not considered material.



7



---

NANO-JET CORP.

Formerly LFG INTERNATIONAL, INC.

(A development stage enterprise)

Notes to Financial Statements

September 30, 2007





These factors raise substantial doubt about the ability of the
Company to continue as a going concern. The financial statements do not include
any adjustments that might result from the outcome of this uncertainty.

Note 3  Expenses in connection with securities offerings:

In early, 2003, we filed with the SEC a Form SB-2 to register
common stock to be offered for sale.  The Form became effective in October,
2003.  In that connection, we incurred $18,229 in legal and accounting
fees, which were deferred and included in Prepaid Expenses at December 31, 2003.
 These costs were charged against Capital In Excess of Par Value in 2004
when the securities were sold.

Note 4  Related party transactions:

A company related to our controlling shareholder, Dieter Behring,
advanced funds to the Company during 2004 to finance operations. The advances
are not evidenced by a promissory note, do not bear interest, and are due upon
demand.  Such advances totaled $20,000 at December 31, 2004 and 2005.

Included in accounts payable and accrued expenses is the amount of
$17,000 for accrued management fees payable to our president for services
rendered in managing the company during 2005and 2006. In addition  amounts
have been loaned to the Company by Kenneth Martin in the amount of $115,411.
 These amounts are not secured by any written documents.

Note 4 Advance from Lantz Financial, Inc.:

On March 6, 2006, April 20, 2005 and November 28, 2005, we
obtained loans of $10,000, $8,500 and $6,000 respectively from Lantz Financial,
Inc., a Panamanian company.  Lantz is a non-affiliate of the Company (not
associated with any officer, director, or 5% shareholder). The loans are not
evidenced by a note, do not bear interest, and are unsecured. They are due on
demand.  The lender has indicated that it may want to convert the debt into
shares in the future, but there is no agreement to that effect, and no
understanding as to any other terms.

Note 5  Federal income tax:

We
follow Statements of Financial Accounting Standards regarding Accounting for
Income Taxes. Deferred income taxes reflect the net effect of (a) temporary
difference between carrying amounts of assets and liabilities for financial
purposes and the amounts used for income tax reporting purposes, and

(b)
net operating loss carryforwards. No net provision for refundable Federal income
tax has been made in the accompanying statement of loss because no recoverable
taxes were paid previously. Similarly, no deferred tax asset attributable to the
net operating loss carryforward has been recognized, as it is not deemed likely
to be realized.



The
provision for refundable Federal income tax consists of the following:

2007

2006

Refundable
Federal income tax attributable to:

Current
operations

$(23,919)

$(14,400)

Less,
Nondeductible expenses

-0-

3,400

-Less,
Change in valuation allowance

23,919

11,000

Net
refundable amount

-

-









8



---

NANO-JET CORP.

Formerly LFG INTERNATIONAL, INC.

(A development stage enterprise)

Notes to Financial Statements

September 30, 2007





The
cumulative tax effect at the expected rate of 34% of significant items
comprising our net deferred tax amount  is as follows:

2007

2006

Deferred
tax asset attributable to:

Net
operating loss carryover

$71,700

$44,500

Less,
Valuation allowance

(71,700)

(44500)

Net
deferred tax asset



-

-

At
December 31, 2006, an unused net operating loss carryover approximating $210,923
is available to offset future taxable income; it expires beginning in 2022.
 Due to the change of control of the Company, the use of the net operating
loss may be limited in the future.

Note 6 
Cumulative sales of stock:

Since
its inception, we have issued shares of common stock as follows:

Price
Per

|         |                        |         |       |       
|-------- | ---------------------- | ------- | ----- | ------
|Date     | Description            | Shares  | Share | Amount
|11/22/02 | Shares issued
for cash | 300,000 | $0.01 | $3,000
|01/13/03 | Shares issued
for cash | 300,000 | 0.01  | 3,000 
|01/14/03 | Shares issued
for cash | 275,000 | 0.01  | 2,750 
|01/18/03 | Shares issued
for cash | 150,000 | 0.01  | 1,500 
|01/20/03 | Shares issued
for cash | 300,000 | 0.01  | 3,000 
|01/25/03 | Shares issued
for cash | 100,000 | 0.01  | 1,000 
|02/04/03 | Shares issued
for cash | 50,000  | 0.01  | 500   
|02/17/03 | Shares issued
for cash | 275,000 | 0.01  | 2,750 
|02/24/03 | Shares issued
for cash | 100,000 | 0.01  | 1,000 
|02/25/03 | Shares issued
for cash | 200,000 | 0.01  | 2,000 
|02/26/03 | Shares issued
for cash | 250,000 | 0.01  | 2,500 
|02/27/03 | Shares issued
for cash | 50,000  | 0.01  | 500   
|03/01/03 | Shares issued
for cash | 100,000 | 0.01  | 1,000 
|03/03/03 | Shares issued
for cash | 100,000 | 0.01  | 1,000 
|03/11/03 | Shares issued
for cash | 900,000 | 0.05  | 45,000
|03/25/04 | Shares issued
for cash | 15,000  | 0.10  | 1,500 
|03/29/04 | Shares issued
for cash | 25,000  | 0.10  | 2,500 
|03/30/04 | Shares issued
for cash | 10,000  | 0.10  | 1,000 



|         |                        |        |      |      
|-------- | ---------------------- | ------ | ---- | -----
|03/31/04 | Shares issued
for cash | 45,000 | 0.10 | 4,500
|04/01/04 | Shares issued
for cash | 10,000 | 0.10 | 1,000
|04/06/04 | Shares issued
for cash | 15,000 | 0.10 | 1,500
|04/21/04 | Shares issued
for cash | 10,000 | 0.10 | 1,000
|04/23/04 | Shares issued
for cash | 10,000 | 0.10 | 1,000
|05/04/04 | Shares issued
for cash | 10,000 | 0.10 | 1,000
|05/05/04 | Shares issued
for cash | 10,000 | 0.10 | 1,000
|05/10/04 | Shares issued
for cash | 7,500  | 0.10 | 750  



9



---

NANO-JET CORP.

Formerly LFG INTERNATIONAL, INC.

(A development stage enterprise)

Notes to Financial Statements

September 30, 2007







|         |                                   |               |      |           
|-------- | --------------------------------- | ------------- | ---- | ----------
|05/10/04 | Shares issued
for cash            | 10,000        | 0.10 | 1,000     
|05/11/04 | Shares issued
for cash            | 25,000        | 0.10 | 2,500     
|         | Cumulative
total                  | 3,652,500     |      | $90,750.00
|         | Effect of 5 for
1 split           | 14,610,000    |      |           
|         | Effect of 16.5
for 1 split        | 283,068,750   |      |           
|         | Effect of 1 for
300 reverse split | (300,326,724) |      |           
|         | Cumulative
total after all splits | 1,004,526     |      |           



On June 19, 2004, our Directors approved a 5 for 1 forward split
of the companys common stock.  All shareholders of record as of July 13,
2004 received a new certificate for 5 shares for each share they owned as of the
close of business on that date. After the common stock split, the equivalent
number of issued and outstanding shares of the Company outstanding increased
from 3,652,000 to 18,262,500. Total shares authorized of 100 million and par
value of $0.001 per common share remain unchanged.

Then, on August 17, 2004, our Directors approved a 16.5 for 1
forward split of the companys common stock. All shareholders of record as of
August 17, 2004 received a new certificate for 16.5 shares for each share they
owned as of the close of business on that date. After the common stock split,
the equivalent number of issued and outstanding shares of the Company
outstanding increased from 18,262,500 to 301,331,250. Total shares authorized
were increased from 100,000,000 to 1,000,000,000, and par value of $0.001 per
common share remained unchanged.

Then, effective March 21, 2005, Directors approved a 1 for 300
reverse split of our common stock. All shareholders of record as of February 4,
2005 received a new certificate for 1 share for every 300 shares they owned as
of the close of business on that date. After the common stock split, the
equivalent number of shares issued and outstanding decreased from 301,331,250 to
1,004.526. Total shares authorized of 1,000,000,000 and par value of $0.001 per
common share remained unchanged.

The effect of the splits has been retroactively reflected in the
accompanying financial statements.

As a
result of the forward splits in 2004, the increased number of shares outstanding
and the resulting increase in the common stock account caused a deficit in the
capital in excess of par value account at December 31, 2004.  The negative
balance of $229,264 in capital in excess of par value was charged to deficit
accumulated during the development stage during the December 31, 2004 quarter.
 Then, the reverse split during the quarter ending March 31, 2005 resulted
in a positive balance in the capital in excess of par value account.
Accordingly, the $229,264 entry recorded during the December 31, 2004 quarter
was reversed during the March 31, 2005 quarter.

On August 12, 2004, our Directors authorized the issuance of
50,000,000 shares of preferred stock, to be issued from time to time by a
majority of the members of the Board of Directors on such terms as are
established by the Board, and may be issued in one or more series, each with
separate terms and conditions as set by the Board, including, but not limited
to, the authority to provide voting rights for each series. At December 31,
2005, no preferred shares had been issued.



10



---

NANO-JET CORP.

Formerly LFG INTERNATIONAL, INC.

(A development stage enterprise)

Notes to Financial Statements

September 30, 2007





On July
12, 2007 the Company entered into a consulting agreement with Bellewood Corp.
 Among other provisions Bellwood was to receive 100,000 shares of Common
Stock in the Company, $100,000 in cash and release of notes due to Bellewood by
the Companys President Mr. Ken Martin.



Note 7  Convertible Notes Payable:



On
December 12, 2006 the Company issued a convertible notes payable in the amount
of $300,000.  $200,000 of the loan was advanced in December, 2006 and
balance was remitted in 2007.  The note is due one year from the date of
issue and bears interest at the rate of 5% per annum compounded annually.
 The terms of the note allow the holder to convert the note into shares of
the companys stock at the rate of one share per $1 of debt including unpaid
interest.



Note
8 Merger with Nano-Jet Corp, Inc.:

Effective
September 30, 2006 the Company issued 40,502,500 shares of its common stock as
part of the merger with Nano-Jet Corporation (Nano-Jet).  The merger is
being accounted for as a purchase as required by FASB 141.  At the time of
the merger the assets and liabilities of Nano-Jet consisted of the
following:



Cash

$

447

Inventory

9,870

Goodwill

172,652

Total

$

182,969



Liabilities

$

142,467

Value
of 40,502,500 shares of stock

40,502

Total

$

182,969



Note 9Stock Subscription:



On
March 22, 2007 the Company issued a stock subscription in the amount of
$700,000.  The subscription is for 1,000,00 shares at the rate of $.70 per
share.  Among other provisions the subscription holder has exclusive
selling rights to the Companys products in Poland and responsibilities to sell
preset amounts of product.

NANO-JET CORP.

Formerly LFG INTERNATIONAL, INC.

(A development stage enterprise)

Notes to Financial Statements

September 30, 2007







Note 10 - New accounting pronouncements:

The following recent accounting pronouncements:



FASB
Statements

.



Number
145, Rescission of FASB Statements No. 4, 44, and 64, Amendment of FASB
Statement No. 13, and Technical Corrections

.



Number
146, Accounting for Costs Associated with Exit or Disposal Activities,

.



Number
147, Acquisitions of Certain Financial Institutions  an amendment of FASB
Statements No. 72 and 144 and FASB Interpretation No. 9,

.



Number
148, Accounting for Stock-Based Compensation  Transition and Disclosure  an
amendment of FASB Statement No. 123,

.



Number
149, Amendment of Statement 133 on Derivative Investments and Hedging
Activities,

.



Number
150, Financial Instruments with Characteristics of Both Liabilities and
Equity,

.



Number
151, Inventory Costs  an amendment of ARB 43, Chapter 4

.



Number
152, Accounting for Real Estate Time-Sharing Transactions  an amendment of
FASB Statements No. 66 and 67

.



Number
153, Exchanges of Nonmonetary Assets  an amendment of APB Opinion No. 29

.



Number
154, Accounting for Changes and Error Corrections  a replacement of APB
Opinion No. 20 and FASB Statement No. 3



and
FASB Interpretations

.



Number
45, Guarantors Accounting and Disclosure Requirements for Guarantees,
Including Indirect Guarantees of Indebtedness of Others  and Interpretation of
FASB Statements No. 5, 57, and 107 and rescission of FASB Interpretation No. 34

.



Number
46(R), Consolidation of Variable Interest Entities  an Interpretation of ARB
No. 51

.



Number
47, Accounting for Conditional Asset Retirement Obligations



are not currently
expected to have a material effect on our financial Statements.







11



---





Item
2. Plan of Operation

Business
Description

Nano-Jet
Corp. was incorporated on November 4, 2002, in the State of Nevada as Can/Am
Autosales, Inc.  The Company changed its name to on August 27, 2004 to LFG
International, Inc.  On September 30, 2006, the Company completed a merger
with Nano-Jet Corp., a private Nevada corporation.  On October 19, 2006 the
Company changed its name to Nano-Jet Corp.

Nano-Jet has licensed
a proprietary technology and currently holds patents for this technology
worldwide.  The Companys product will allow owners and operators of both
gasoline and diesel powered vehicles to potentially save 20% in fuel efficiency
and reduce fuel emissions into the environment by as much as 50%.

The Company's two-fold marketing and sales
strategy is directed toward establishing immediate technological preeminence,
rapid penetration, and market dominance within five years of market entry.
  The company will first approach trucking companies and truck
manufacturers, truck, automobile and motorcycle distributors, as well as
wholesalers. With the Company's obsolescing impact, a substantial downturn in
competition may be anticipated.



Plan
of Operation



1.

Overview



Nano-Jet
will market to both the American and International trucking and automobile parts
distribution companies. It is not the intent of the Company to market directly
to the consumer, but rather through distribution channels in the truck,
automobile and motorcycle industry. The Company will educate these groups about
the benefits of a Nano-Jet fuel saving device. Nano-Jet expects to form
licensing arrangements with original equipment manufacturers (OEMs) having high
brand recognition in the automobile marketplace.

2.

Marketing
Strategies



a.
Nano-Jets primary market is the American trucking companies and automobile
manufacturers and international trucking and automobile makers.  Nano-Jet
expects its products will increase the speed and effectiveness with which it
educates the consumer in order to capture more market share.  It will
effectively do this by:



·

Producing
commercials that demonstrate the superior performance and fuel efficiency of
Nano-Jet products;



·

Enlisting
a well-known high performance automobile driver, who can be the marketing face
of the company to both the recreational and commercial automotive user;



·

Implementing
a concurrent advertising campaign using both web and print versions of major
publishers like Motor Trend, Road and Track and national newspapers and trucking
magazines.



·

Seek
to get product evaluators at automobile, truck and motorcycle magazines to
evaluate and write articles about Nano-Jet and its multiple lines of
products.









---





·

Intentionally
form relationships with reporters interested in automobile fuel efficiency with
the goal of increasing the media examination of the issues associated with
traditional fossil fuel consumption;



·

Increasing
the direct response to Nano-Jets website by strategic search engine
registrations, increased links, and an email marketing campaign;



·

Adding
video content to Nano-Jets commercial website so visitors experience a
educational video presentation on the fuel efficiency and performance benefits
of Nano-Jet products as well as testimonials from consumers;



·

Training
a sales staff whose mission will be to educate trucking companies, automobile
parts distributors and motorcycle manufacturers of the benefits of Nano-Jet for
its customers;



·

Create
strategic alliances with manufacturing companies like Kenworth, Peterbuilt,
Volvo, Mercedes, General Motors, Ford, Toyota, Nissan, and Chrysler.



b.
Licensing Agreements-Original Equipment Manufacturers

In
addition to marketing techniques that effectively educate and lead the trucking
and automobile companies to buy Nano-Jet products, Nano-Jet will also pursue
strategic alliances with one or more major OEMs via licensing agreements.
 These OEMs should have wide brand recognition, excellent financial health
and resources, an established presence in international markets, and a track
record of honoring its licensing agreements.  The benefits of forming a
licensing relationship with a major OEM include:

·

Lower
financial risk due to shared costs;

·

Lower
business risk because of the prior success;

·

Immediate
brand recognition and acceptance;

·

Facilitates
acceptance of Nano-Jets new technology;

·

Access
to new distribution channels;

·

Ease
of entry into international markets of the OEMs;

·

Platform
for ease of entry of future Nano-Jet products;







---





·

Ability
to focus on R&D of future products;



·

Provides
greater protection of intellectual property;



·

Quickens
the pace toward becoming a market standard.

An
effective OEM licensing relationship will result in higher marketplace
visibility for Nano-Jet, reduce the Companys costs of marketing, and speed up
marketing for world consumption.

4.
Website



The
Nano-Jet website will actas a centerpiece to
operations and in the future Nano-Jet will further build out their website which
will be accessed by member password for trucking companies and distributors. The
website will form a hub for its Internet community which will also include
motorcycle parts distributors. The website will be technically viewed as a
portal to all of Nano-Jets product lines. The site will also provide an arena
for ongoing communication among users, testimonials, etc. Online information
will be available to members in a highly intuitive format.



The
Company's two-fold marketing and sales strategy is directed toward establishing
immediate technological preeminence, rapid penetration, and market dominance
within five years of market entry.  The company will first approach
trucking companies and truck manufacturers, truck, automobile and motorcycle
distributors, as well as wholesalers. With the Company's obsolescing impact, a
substantial downturn in competition may be anticipated.



Financial
Discussion

As
of September 30, 2007, Nano-Jet had $221,811 cash.  Development stage net
loss for the nine-months ended September 30, 2007 was $543,713, compared to
$31,575 for the nine-month period ended September 30, 2006.  The loss for
the quarter ended Septmeber 30, 2007 consisted primarily of legal and accounting
expenses incident to the companys development stage activities and its recent
merger.   Development stage net loss for the quarter ended September
30, 2007, was $251,634, compared to $7,500 for the quarter ended September 30,
2006.

There
is substantial doubt about our ability to continue as a going concern as we have
suffered recurring losses from operations and have no established source of
revenue.  Accordingly, our independent auditors included an explanatory
paragraph regarding concerns about our ability to continue as a going concern.
 Our financial statements contain additional note disclosures describing
the circumstances that lead to this disclosure by our independent auditors.

Item
3. Controls and procedures

As
of the end of the period covered by this report, the Company carried out an
evaluation of the effectiveness of the Companys disclosure controls and
procedures (as defined by Rule 15(d)-15(d)) under the Securities Exchange Act of
1934) under the supervision and with the participation of the Companys chief
executive officer and chief financial officer.  Based on and as of the date
of such evaluation, the aforementioned officers have concluded that the
Companys disclosure controls and procedures were effective.







---





The
Company also maintains a system of internal accounting controls that is designed
to provide assurance that assets are safeguarded and that transactions are
executed in accordance with managements authorization and properly recorded.
 This system is continually reviewed and is augmented by written policies
and procedures, the careful selection and training of qualified personnel and an
internal audit program to monitor its effectiveness.  During the nine-month
period ended September 30, 2007, there were no significant changes to this
system of internal controls over financial reporting or in other factors that
could significantly affect those controls.

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 and Reports on Form 8-K Exhibits:

|            |                                                                                                                                                                                                  |                 
|----------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ | ----------------
|Exhibit
No. | Document                                                                                                                                                                                         | Location        
|3.1         | Articles
of Incorporation                                                                                                                                                                        | Previously
Filed
|3.2         | Bylaws                                                                                                                                                                                           | Previously
Filed
|31.1        | Certification of the Chief Financial Officer of
the Company as adopted pursuant to Section 302 of the Sarbanes-Oxley Act
of 2002                                                                 | Included        
|32          | Certification of the Chief Executive Officer
and Chief Financial Officer of the Company pursuant to 18 U.S.C. Section
1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of
2002 | Included        







---





In
accordance with Section 13 or 15(d) of the Exchange Act, the registrant caused
this report to be signed on its behalf by the undersigned, thereunto duly
authorized, this 13th day of November, 2007.

NANO-JET
CORP.

[nanojet10qsb093007002.gif]

____________________

By:
Ken Martin

Its:
CEO