**EXCHANGE
      COMMISSION**


**WASHINGTON,
      D.C. 20549**


____________________________




**FORM
      10-KSB**


____________________________




x
            ANNUAL
                REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE
                ACT OF
                1934




**For
      Fiscal Year Ended**


**December
      31, 2006**




For
      the
      transition period from




**Commission
      File #333-121764**




**SPEEDHAUL
      HOLDINGS, INC.**


(Exact
      name of registrant as specified in its charter)




**New
      Jersey**


(State
      or
      other jurisdiction of incorporation or organization)




**22-3719165**


(IRS
      Employer Identification Number)




**7
                Bayhill Boulevard, Monroe, New Jersey**
            **08831**(Address
                of principal executive offices )
            (Zip
                Code)




**(732)
      637-1296**


(Registrant’s
      telephone no., including area code)




(Former
      name, address and fiscal year, if changed since last report)




Securities
                registered pursuant to Section 12(b) of the Act:
            None




Title
                of each class
            Name
                of each exchange on which registered




Securities
      registered pursuant to Section 12(g) of the Act:


Common
      Stock, $0.001 par value


(Title
      of
      class)




(Former
      name, former address and former fiscal year,


if
      changed since last report)




Indicate
      by check mark whether the registrant is a shell company as defined in Rule
      12b-2
      of the Exchange Act.




Yes
            x
            Noo




Indicate
      by check mark whether the registrant (1) has filed all reports required to
      be
      filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
      the
      preceding 12 months (or for such shorter period that the registrant was required
      to file such reports), and (2) has been subject to such filing requirements
      for
      the past 90 days.




Yes
            x
            Noo




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




Revenues
      for year ended December 31, 2006: $0




Aggregate
      market value of the voting common stock held by non-affiliates of the registrant
      as of February 26, 2007, was: $1,155,050




Number
      of
      shares of the registrant’s common stock outstanding as of February 26, 2007 is:
      11,155,050




The
      Transfer Agent for the Company is Island Stock Transfer.


**PART
      I**




**ITEM
      1. DESCRIPTION OF BUSINESS**




GENERAL




We
      were
      incorporated in November in the State of New Jersey under the name Segway III
      on
      March 31, 2000. Our wholly-owned subsidiary, Speedhaul Inc. was incorporated
      in
      the State of New Jersey on June 30, 2004. On December 21, 2004, pursuant to
      a
      Stock Purchase Agreement and Share Exchange between Speedhaul, Inc. and us,
      we
      acquired all of the shares of Speedhaul Inc. from Andrew Norins, the sole
      Speedhaul shareholder in consideration for the issuance of 6,666,667 shares
      of
      our common stock to Mr. Norins. Pursuant to the Agreement, Speedhaul became
      our wholly owned subsidiary and we changed our name to Speedhaul Holdings,
      Inc.
      The purpose for this merger with Speedhaul was to acquire an operating company
      which we believed has a successful business plan.




Our
      strategy is directed toward the satisfaction of our customer’s needs through
      integrated internet technology for the trucking industry that quickly and easily
      allows shippers, carriers, and brokers to post and search load and equipment
      listings throughout the United States and Canada, 24 hours a day, 7 days a
      week.
      We currently have one employee.




We
      are a
      developmental stage company that is currently implementing our business plan
      to
      become a fully integrated online provider that links the supply and demand
      sides
      of the ground trucking industry.




Our
      business plan is focused on addressing the market opportunities created by
      changes in the trucking industry due to technological advances. As technology
      is
      utilized in the trucking industry the amount of information exchanged between
      the shippers and the carriers has increased along with the speed and reliability
      of this information. We believe that the effective implementation of our
      business plan will result in our gaining market share as one of the industry’s
      best Internet sites for the trucking industry both in the United States and
      Canada. We believe that we can accomplish this by developing innovative ways
      to
      satisfy customers’ needs for a simple, yet comprehensive way to search for
      postings in an easy to use online system.




We
      gather
      load and equipment information from subscribers who participate in all segments
      of the trucking industry: trucking companies, brokers, shippers, freight
      forwarders, logistical companies, and others, and make that information
      instantly available through a simple and easy to use Internet based software
      program. Databases of trucks and loads are maintained electronically and
      continuously updated and the information is available to shippers and haulers
      in
      real time. Our customer base will be composed of shippers who desire to minimize
      their freight cost and expedite their shipments by choosing their specific
      freight carriers, and small to medium-size truck companies that want to maximize
      profits by dealing directly with shippers, thus reducing freight brokerage
      fees.
      Currently we do not have any subscribers.




Subscriptions
      are available at prices of $29.95 per month. Shippers can post their loads
      at
      any time free of charge. Carriers will each have a free 30-day trial period.
      When they sign up for the trial period they will be asked to enter valid credit
      card information. After 30 days, their credit card will automatically be charged
      $29.95 each month to enable them to search for loads.




We
      hope
      to create strategic relationships with trucking companies, brokers, shippers,
      freight forwarders and logistical companies that will result in reciprocal
      advertising on each other’s web site or other cross promotional print
      advertising. Additionally, we may charge these companies for advertisement
      banners on our website. The strategic relationships that develop will enable
      us
      to grow our customer base and expand our business, and benefit us by increasing
      exposure to our website to the consumers that view these companies’ web sites.
      We have currently secured a domain name, www.SpeedHaul.com, and are working
      with
      a web site developer to continue developing a more advanced and unique website
      that will keep users interested in our site. We understand the importance of
      having a website that is pleasing to look at and easy to navigate
      through.




I-1


We
      have
      established a technological Internet component through the development of the
      SpeedHaul.com website which we intend to use as a platform to sell, market
      and
      advertise our products and services throughout the United States and Canada.
      We
      will outsource the development of the technological Internet component to
      companies who have technological expertise that our management does not
      currently possess. We will utilize the Internet for marketing and distribution
      of our services online under the domain name of www.SpeedHaul.com. This
      website’s income will initially be derived from online sales of our
      subscriptions sold to freight carriers, and small to medium-size truck companies
      for equipment posting and load searching services.




Our
      management will execute cross-marketing relationships with brokers,
      manufacturers, freight-forwarders, and import/exporters. Although we have not
      entered into any such agreements to date, we intend to work with established
      companies and intend to form significant cross-marketing relationships to
      promote our service.




We
      hope
      to expand revenue beyond sales of our subscriptions after the company has
      reached a critical mass and brand identity utilizing the Internet as a platform
      for marketing and distributing of our products online. We believe that
      developing a growing position in the industry will enhance our ability to
      maximize ancillary sales opportunities, including corporate sponsorship sales,
      advertising and product merchandising. We will seek to sell wireless devices
      that combine our Internet site with the latest in wireless technology. We
      currently have not identified any such wireless technology nor entered into
      any
      agreements with a third party to provide such technology.




Revenues
      expected from our internet site include advertising sales to related and
      cross-marketed entities, truck stops, hotels, restaurants, truck repair
      facilities, truck manufacturers, trucking companies, brokers, shippers, freight
      forwarders, logistical companies, etc. We currently have not identified any
      such
      companies nor entered into any agreements for advertising sales.




We
      expect
      that our internet database and information system will be designed to meet
      the
      expanding needs of the online over the road trucking transportation consumer.
      Our web site links the supply and demand sides of the ground trucking
      industry.




Carriers
      can post their trucks to our international database. Carriers provide all
      pertinent information regarding their equipment, available date, location,
      etc.
      At this point the carrier can choose to leave their truck posted and have
      shippers contact them or proactively search SpeedHaul.com for an available
      load
      that matches their search criteria.




Shippers
      can post their loads to our international database. Shippers also have the
      choice of passively waiting for carriers to call or proactively searching our
      database. Contact information for the shipper is provided to the carrier, so
      that the carrier can effectively negotiate directly with the
      shipper.




The
      searching aspect of the system provides both the carrier and shipper
      up-to-the-minute information regarding trucking supply and demand. Like posting
      above, this feature allows shippers to search for carriers and for carriers
      to
      search for loads. All search functions can be narrowed to criteria specified
      by
      either party.




We
      have
      two distinct customers: carriers and shippers, each with the goal of moving
      freight. Shippers can post their loads at any time free of charge. Carriers
      will
      each have a free 30-day trial period. When they sign up for the trial period
      they will be asked to enter valid credit card information. After 30 days, their
      credit card will automatically be charged $29.95 each month to enable them
      to
      search for loads.




Our
      objective is to be the premier online provider of load and equipment posting
      and
      searching service for the freight trucking business by:




**•**
            Enhancing
                the consumer value proposition by offering innovative products, services
                and information tools to the transportation
                industry.;


**•**
            Establishing,
                strengthening and expanding our strategic relationships;**•**
            Aggressively
                developing our brand identity through high quality service
                offerings;**•**
            Investing
                in leading technology to enhance our web site and transaction-processing
                systems; and**•**
            Becoming
                a recognized global brand leader in the freight trucking
                industry.






I-2




**Intellectual
      Property**




We
      currently own the domain name www.speedhaul.com. We do not own any other
      trademarks and have no protection for our intellectual property. Although we
      do
      not believe that we infringe the proprietary rights of third parties, there
      can
      be no assurance that third parties will not claim infringement by us with
      respect to past, current, or future technologies. We expect that participants
      in
      our markets will be increasingly subject to infringement claims as the number
      of
      services and competitors in our industry grows. Any such claim, whether
      meritorious or not, could be time- consuming, result in costly litigation,
      cause
      service upgrade delays, or require us to enter into royalty or licensing
      agreements. Such royalty or licensing agreements may not be available on terms
      acceptable to us or at all. As a result, any such claim could have a material
      adverse effect upon our business, results of operations, and financial
      condition.




**Government
      Regulation**




Our
      company, operations and services are all subject to regulations set forth by
      various federal, state and local regulatory agencies. We take measures to ensure
      our compliance with all such regulations as promulgated by these agencies from
      time to time. The Federal Communications Commission sets certain standards
      and
      regulations regarding communications and related equipment.




There
      are
      currently few laws and regulations directly applicable to the Internet. It
      is
      possible that a number of laws and regulations may be adopted with respect
      to
      the Internet covering issues such as user privacy, pricing, content, copyrights,
      distribution, antitrust and characteristics and quality of products and
      services. The growth of the market for online commerce may prompt calls for
      more
      stringent consumer protection laws that may impose additional burdens on
      companies conducting business online. Tax authorities in a number of states
      are
      currently reviewing the appropriate tax treatment of companies engaged in online
      commerce, and new state tax regulations may subject us to additional state
      sales
      and income taxes.




**Competition**




The
      online freight trucking market is new, rapidly evolving and intensely
      competitive. We specifically compete with a variety of companies with varied
      product or service offerings, including existing search engines. Competitive
      companies in this category focus on providing their customer base with the
      ability to search matches between available loads and available trucks. The
      database for searches is confined to the diversity of the customers presently
      subscribing to each system.




Some
      examples of these sites are the following:




**•**
            www.loadsource.com**•**
            www.trucktrax.com**•**
            www.123loadboard.com**•**
            www.freightterminal.com




Our
      competitive disadvantages include the fact that we are newly established and
      have not yet attracted a significant customer base nor have we added enhanced
      features to our web site such as credit checking ability. Additionally, we
      have
      not established any banner advertising to date.




We
      believe we have a competitive advantage due to the fact our site is easy to
      use
      and professionally presented. The number of screens has been kept to a minimum
      while offering increased functionality. Customer login time has been reduced
      to
      provide access to our site quickly. Additionally, our site design allows for
      flexibility to enhance the pages as well as expand them to accommodate
      advertising space or content for customers. We have competitive pricing and
      are
      priced lower than some of our competitors. Our site operates 24 hours a day,
      7
      days a week, in real time. We offer radius search and the ability to compute
      city-to-city miles and are set up to handle the US and Canada.






I-3




As
      the
      market for online freight trucking services grows, we believe that the range
      of
      companies involved in the online freight trucking services industry will
      increase their efforts to develop products and services that will compete with
      our products and services.




Employees




We
      currently have one part-time employee.





**ITEM
      2. DESCRIPTION OF PROPERTY**




Our
      executive offices are located at 7 Bayhill Boulevard, Monroe, New Jersey 08831.
      We currently lease the space from Andrew Norins, our sole officer and director,
      at no charge on a month to month basis. We currently lease the space from
      Mr. Norins without a written lease. This space consists of an office
      located in a home premises owned by Mr. Norins. We believe that this space
      is sufficient and adequate for our current business needs and as business
      warrants we may expand into a larger space. Currently, the only business engaged
      in at such office is the daily administration and management undertaken by
      our
      sole employee.




**ITEM
      3. LEGAL PROCEEDINGS**




There
      is
      no litigation pending or threatened by or against us.




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




None.


I-4


**PART
      II**




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




Our
      shares of common stock are currently approved for trading on the OTC Electronic
      Bulletin Board under the symbol “SPEH.” However, no market exists yet for our
      common stock. There is no assurance that an active trading market will develop
      which will provide liquidity for our existing shareholders. As of February
      26,
      2007, there are approximately 42 shareholders of record of our common
      stock.




DIVIDENDS




We
      do not
      intend to retain future earnings to support our growth. Any payment of cash
      dividends in the future will be dependent upon: the amount of funds legally
      available therefore; our earnings; financial condition; capital requirements;
      and other factors which our Board of Directors deems relevant.




**ITEM
      6. MANAGEMENT’S DISCUSSION AND ANALYSIS OR PLAN OF
      OPERATIONS**




Our
      plan
      of operations for the next twelve months is to complete the following objectives
      within the time period specified. Such plan of operation has previously been
      delayed because to date we have been unable to obtain additional financing.
      Our
      plan of operations as set forth below is contingent upon entering into an
      agreement for additional financing.





1.  Generate
      sales from our corporate website.




In
      order
      to accomplish this goal, we intend to recruit additional sales individuals
      which
      will improve our customer service and sales performance. In addition, we intend
      to have a high level of customer service and sales training, and design our
      sales associates’ compensation structure to include incentives related to
      customer service goals. We do expect to incur administrative costs in developing
      our corporate selling culture by recruiting and training additional personnel.
      Additionally, the hiring of any sales and marketing personnel is included in
      our
      budgeted sales related payroll expense of $5,000 per month. Currently our
      website is not operational and to date, we have not offered nor sold any items
      from our website. We anticipate that as we continue to add products and
      additional services over the next 12 months, that those products and services
      will enhance our site. Our sales success depends on two fundamental
      points:




-
            Developing
                innovative ways to satisfy customers’ needs for a simple, yet
                comprehensive way to search for postings in an easy-to-use online
                system.-
            Superior
                Customer Sales & Support.




We
      have
      contracted with Bank of America for handling credit cards and charges to our
      website. There was a small fee to set up this contract but we do not incur
      any
      cost in maintaining this system. However, Bank of America does charge a fee
      of
      $.15 per transaction. With the Bank of America service in place, in January
      2005, we began instituting our fee structure for our subscriptions as
      follows:




-
            Free
                30 day trial period for carriers-
            $29.95/month
                for carriers to access available loads-
            Free
                load postings




2.  Focused
      Marketing and Advertising Efforts.




Our
      print
      media budget is $3,000 per month for the next twelve months. To date we have
      not
      commenced this print advertising campaign and intend to commence same by the
      end
      of the first quarter of 2007 if we are able to raise sufficient
      funds.






II-1




We
      intend
      to participate in industry trade shows. We view trade shows as a way to meet
      new
      and existing customers and suppliers as well as an opportunity to develop
      valuable business and sales relationships. We have allocated $24,000 annually
      from our marketing and advertising budget for trade show participation. An
      additional component of our marketing and advertising plan includes special
      promotions, which include setting up exhibits at truck stops and other industry
      related activities. We have allocated $12,000 annually from our marketing and
      advertising budget for special promotions. However, we can not commence such
      marketing and advertising until such time as we have raised additional
      funds.





We
      had
      direct link advertising planned for the site, beginning in the second quarter
      of
      2006 and continuing through 2006, which is designed to bring new qualified
      visitors/customers directly to the web site. We have approached, but not
      negotiated or contracted with, any additional advertisers who will advertise
      on
      our web site. By putting click-through banners on other Websites, traffic
      generated on one Web site has the ability to move easily to the Company’s Web
      site by simply clicking on the banner.





3.  Develop
      links to other websites.




We
      intend
      to provide additional links to other website. These links will be carefully
      selected to provide valuable information resources to visitors to our website.
      There is no cost to our company for maintaining these links, and we do not
      expect to incur any direct cost in implementing these links. MapQuest is a
      leader in Advanced Mapping Solutions and has over 30 years of traditional and
      digital mapping experience. From a Cartographic Services and GIS technology
      foundation, MapQuest has progressed to become a leading supplier of geographic
      information products, web mapping, and telecommunications markets.




MapQuest
      has provided companies in many industries such as travel, real estate, retail
      and healthcare, fast, reliable, accurate and cost effective solutions. MapQuest
      has the experience and flexibility to meet the needs of fast-moving companies.
      With MapQuests’ ongoing research and development, SpeedHaul will be able to
      tailor mapping solutions for individual clients’ needs without high development
      costs.





4.  Research
      and Development.




We
      intend
      to devote time and financial resources to research and development activities
      to
      develop additional products and services. We anticipate including research
      and
      development activities due to the rapid technological evolution of
      Internet-based commerce. We also intended to merge the technology of the
      Internet with the portability of the hand-held two-way pager messaging unit(s).
      However, to date, we have not merged the technology although we intend to do
      so
      upon obtaining adequate financing. We intend to resell pager units manufactured
      by a third party. This pager will provide the user with the ability to access
      the Internet; thereby anyone can post his or her truck availability or shipment
      specifications. Personal pagers are also a critical link between the trucker
      and
      his most valuable commodity, his family. E-mail can be sent and received while
      traveling to the next destination. SpeedHaul will be able to provide its
      customers with the flexibility to lease or buy their paging units. We have
      not
      approached, negotiated or contracted with any third party providers for paging
      devices. Research and development expenditures are budgeted at $120,000 for
      2007. There is no assurance that we will successfully develop these products
      or
      services, or that competitors will not develop products or services sooner
      or
      products or services that are superior to our product or service offerings.
      In
      addition, until such time as we raise additional funds we will not be in a
      position to commence our research and development.




Completion
      of our plan of operations is subject to attaining adequate revenue. We cannot
      assure investors that adequate revenues will be generated. In the absence of
      our
      projected revenues, we may be unable to proceed with our plan of operations.
      Even without significant revenues within the next twelve months, we still
      anticipate being able to continue with our present activities, but we may
      require financing to potentially achieve our goal of profit, revenue and
      growth.




In
      November 2005, we received a loan from a shareholder in the amount of $10,000
      and in July 2006 we received an additional loan from Andrew Norins, our sole
      officer and director in the amount of $25,000. The note bears interest at 6%,
      is
      unsecured and due on demand.


II-2


Andrew
      Norins, our sole officer, director and principal shareholder has agreed to
      provide additional financing to us in the future until we are able to receive
      adequate funding to expand our business operations. There is no set amount
      that
      Andrew Norins has agreed to fund although such amount will be enough to cover
      our costs for our operations until additional funds become available. It is
      intended that the loans will be made without interest and shall call for
      payments in twelve months. Although Mr. Norins has assured us that he will
      cover the costs of operations, we have no legal recourse if he fails to do
      so.





We
      do not
      anticipate the purchase or sale of any significant equipment. We expect to
      increase the number of employees by hiring two full time administrative
      employees and one full time employee for sales & marketing once we have
      successfully completed our financing. We have not identified such employees
      nor
      had any discussions with potential candidates. Depending on business we may
      sub-contract with sales and marketing entities to undertake marketing on our
      behalf. At this time we have not entered into any agreements or negotiations
      with sales and marketing entities to undertake marketing for us.





The
      foregoing represents our best estimate of our cash needs based on current
      planning and business conditions. The exact allocation, purposes and timing
      of
      any monies raised in subsequent private financings may vary significantly
      depending upon the exact amount of funds raised and status of our business
      plan.
      In the event we are not successful in reaching our initial revenue targets,
      additional funds may be required and we would then not be able to proceed with
      our business plan for the development and marketing of our core products and
      services. Should this occur, we would likely seek additional financing to
      support the continued operation of our business. We anticipate that depending
      on
      market conditions and our plan of operations, we could incur operating losses
      in
      the foreseeable future. We base this expectation, in part, on the fact that
      we
      may not be able to generate enough gross profit from our advertising and new
      products to cover our operating expenses.




As
      of
      December 31, 2006, we had total assets of $13,350 consisting solely of cash
      of
      $13,350. As of December 31, 2006 our total current liabilities amounted to
      $81,427. Our general and administrative expenses are expected to average $2,788
      per month for the next 12 months. We do not have plans to pay any salary to
      our
      sole officer and employee for the next 12 months. However, we still do not
      have
      sufficient cash to meet our minimum expenses for the next 12 months and we
      will
      be unable to expand on our business unless we are successful in raising
      additional capital. In addition, we will need to raise additional capital to
      continue our operations past 12 months, and there is no assurance we will be
      successful in raising the needed capital. Currently our web site is not
      operational due to technical issues.




As
      reflected in the accompanying financial statements, we are in the development
      stage with limited operations. This raises substantial doubt about our ability
      to continue as a going concern. Our ability to continue as a going concern
      is
      dependent on our ability to raise additional capital and implement our business
      plan. The financial statements do not include any adjustments that might be
      necessary if we are unable to continue as a going concern.




As
      of
      December 31, 2006 and the current date, we have been unable to obtain financing
      and no revenues have been generated to date. We expect limited revenues until
      we
      raise additional funds and therefore we will continue to operate on a reduced
      budget until such time. If we are unable to raise additional funds by end of
      the
      March 2007 we may have to limit our operations to an extent not presently
      determinable by management. Currently
      we have no material commitments for capital expenditures. We do not have any
      external source of funding except that Andrew Norins has agreed to provide
      financing to us in the future until we are able to receive additional funding.
      Management believes that, even though our auditors have expressed doubt about
      our ability to continue as a going concern.





To
      date
      we have not been able to raise additional funds through either debt or equity
      offerings. Without this additional cash we have been unable to pursue our plan
      of operations and commence generating revenue. We believe that we may not be
      able to raise the necessary funds to continue to pursue our business operations.
      If we can not raise funds in the immediate future, we intend to cease the
      pursuit of our business plan and actively seek out and investigate possible
      business opportunities with the intent to acquire or merge with one or more
      business ventures.







II-3





**Recent
      Accounting Pronouncements**




SFAS
      155,
      Accounting for Certain Hybrid Financial Instruments and SFAS 156, Accounting
      for
      Servicing of Financial Assets were recently issued. SFAS 155 and 156 have no
      current applicability to the Company and have no effect on the financial
      statements.





Critical
      Accounting Policies




Speedhaul
      Holdings’ financial statements and related public financial information are
      based on the application of accounting principles generally accepted in the
      United States (“GAAP”). GAAP requires the use of estimates; assumptions,
      judgments and subjective interpretations of accounting principles that have
      an
      impact on the assets, liabilities, revenue and expense amounts reported. These
      estimates can also affect supplemental information contained in our external
      disclosures including information regarding contingencies, risk and financial
      condition. We believe our use of estimates and underlying accounting assumptions
      adhere to GAAP and are consistently and conservatively applied. We base our
      estimates on historical experience and on various other assumptions that we
      believe to be reasonable under the circumstances. Actual results may differ
      materially from these estimates under different assumptions or conditions.
      We
      continue to monitor significant estimates made during the preparation of our
      financial statements.




Our
      significant accounting policies are summarized in Note 1 of our financial
      statements. While all these significant accounting policies impact its financial
      condition and results of operations, Speedhaul Holdings views certain of these
      policies as critical. Policies determined to be critical are those policies
      that
      have the most significant impact on Speedhaul Holdings’ consolidated financial
      statements and require management to use a greater degree of judgment and
      estimates. Actual results may differ from those estimates. Our management
      believes that given current facts and circumstances, it is unlikely that
      applying any other reasonable judgments or estimate methodologies would cause
      effect on our consolidated results of operations, financial position or
      liquidity for the periods presented in this report.




**Off-Balance
      Sheet Arrangements**





We
      do not
      have any off-balance sheet arrangements, financings, or other relationships
      with
      unconsolidated entities or other persons, also known as “special purpose
      entities” (SPEs).





**ITEM
      7. FINANCIAL STATEMENTS**




Our
      financial statements, together with the report of auditors, are as
      follows:








II-4


SPEEDHAUL HOLDINGS, INC. AND SUBSIDIARY
 (A DEVELOPMENT STAGE COMPANY)
 CONSOLIDATED FINANCIAL STATEMENTS
 AS OF DECEMBER 31, 2006
 
 
  
 
 
 
 
 SPEEDHAUL HOLDINGS, INC. AND SUBSIDIARY
 (A DEVELOPMENT STAGE COMPANY)
 
 
 
  
 
 PAGE
              F-1
              REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRMPAGE
              F-2
              CONSOLIDATED BALANCE SHEET AS OF DECEMBER 31, 2006PAGE
              F-3
              CONSOLIDATED STATEMENTS OF OPERATIONS FOR THE YEAR ENDED DECEMBER
                  31,
                  2006 AND 2005 AND FOR THE PERIOD FROM JUNE 30, 2004 (INCEPTION) TO
                  DECEMBER 31, 2006PAGE
              F-4
              CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS’ DEFICIENCY FOR THE
                  PERIOD FROM JUNE 30, 2004 (INCEPTION) TO DECEMBER 31, 2006PAGE
              F-5
              CONSOLIDATED STATEMENTS OF CASH FLOWS FOR THE YEAR ENDED DECEMBER
                  31,
                  2006 AND 2005 AND FOR THE PERIOD FROM JUNE 30, 2004 (INCEPTION) TO
                  DECEMBER 31, 2006PAGES
              F-6
                  - F10
              NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
 
 
 
    
    
  
  
  
  
 
 
  
    
 F-1
  SPEEDHAUL HOLDINGS, INC. AND SUBSIDIARY
 (A
        DEVELOPMENT STAGE COMPANY)
 CONSOLIDATED
        BALANCE SHEET
 AS
        OF DECEMBER 31, 2006
   **ASSETS****CURRENT
                    ASSETS**Cash
                
                $
                13,350**TOTAL
                    ASSETS**
                
                $
                13,350**LIABILITIES
                    AND STOCKHOLDERS’ DEFICIENCY****CURRENT
                    LIABILITIES**Accounts
                    payable and accrued expenses
                
                $
                41,027Accrued
                    interest
                
                
                750Loan
                    payable - related party
                
                
                4,650Notes
                    payable - related parties
                
                
                35,000Total
                    Current Liabilities
                
                
                81,427**COMMITMENTS
                    AND CONTINGENCIES**
                
                
                -**STOCKHOLDERS’
                    DEFICIENCY**Preferred
                    stock, $0.0001 par value, 20,000,000 shares authorized, none issued
                    and outstanding
                
                
                -Common
                    stock, $0.0001 par value, 100,000,000 shares authorized, 11,155,150
                    shares
                    issued and outstanding
                
                
                1,116Additional
                    paid in capital
                
                
                24,463Accumulated
                    deficit during development stage
                
                
                (93,656
                )Total
                    Stockholders’ Deficiency
                
                
                (68,077
                )**TOTAL LIABILITIES AND STOCKHOLDERS’
                    DEFICIENCY**
                
                $
                13,350
  See
          accompanying notes to consolidated financial
          statements.
 
 F-2
    SPEEDHAUL HOLDINGS, INC. AND SUBSIDIARY
 (A
          DEVELOPMENT STAGE COMPANY)
 CONSOLIDATED
          STATEMENTS OF
          OPERATIONS
   
 For
                  the Year Ended December 31, 2006
              
              For
                  the Year Ended December 31, 2005
              
              For
                  the Period from
                June
                  30, 2004 (inception) to December 31, 2006**OPERATING
                  EXPENSES**Professional
                  fees
              
              $
              12,410
              
              $
              44,555
              
              $
              56,965Depreciation
                  expense
              
              
              -
              
              
              3,312
              
              
              3,312Impairment
                  of website
              
              
              -
              
              
              9,938
              
              
              9,938In-kind
                  contribution of office space
              
              
              6,500
              
              
              3,000
              
              
              12,500General
                  and administrative
              
              
              4,383
              
              
              3,825
              
              
              9,312Total
                  Operating Expenses
              
              
              23,293
              
              
              64,630
              
              
              92,027**LOSS
                  FROM OPERATIONS**
              
              
              (23,293
              )
              
              (64,630
              )
              
              (92,027
              )**OTHER
                  EXPENSE**Interest
                  expense
              
              
              (1,629
              )
              
              -
              
              
              (1,629
              )Total
                  Other Expense
              
              
              (1,629
              )
              
              -
              
              
              (1,629
              )**LOSS BEFORE PROVISION FOR INCOME TAXES**
              
              
              (24,922
              )
              
              (64,630
              )
              
              (93,656
              )Provision
                  for Income Taxes
              
              
              -
              
              
              -
              
              
              -**NET
                  LOSS**
              
              $
              (24,922
              )
              $
              (64,630
              )
              $
              (93,656
              )Net
                  loss per share - basic and diluted
              
              $
              -
              
              $
              (0.01
              )
              $
              (0.01
              )Weighted average number of shares outstanding during the period
                  -
                  basic and diluted
              
              
              11,155,050
              
              
              11,155,050
              
              
              10,935,161
 
 See
          accompanying notes to consolidated financial statements.
     F-3
   **SPEEDHAUL HOLDINGS, INC. AND
          SUBSIDIARY**
 (A
          DEVELOPMENT STAGE COMPANY)
 CONSOLIDATED
          STATEMENT OF STOCKHOLDERS’
DEFICIENCY
 FOR
          THE PERIOD FROM JUNE 30, 2004 (INCEPTION) TO DECEMBER 31,
          2006
 
  Preferred
                  Stock
              
              Common
                  Stock
              
              Additional
                  Paid-In
              
              Accumulated
                  Deficit During DevelopmentShares
              
              Amount
              
              Shares
              
              Amount
              
              Capital
              
              Stage
              
              TotalBalance,
                  June 30, 2004 (inception)
              
              
              -
              
              $
              -
              
              
              -
              
              $
              -
              
              $
              -
              
              $
              -
              
              $
              -Common stock issued to founders for cash ($0.00003 per
                  share)
              
              
              -
              
              
              -
              
              
              10,000,000
              
              
              1,000
              
              
              (700
              )
              
              -
              
              
              300In-kind
                  contribution of office space
              
              
              -
              
              
              -
              
              
              -
              
              
              -
              
              
              3,000
              
              
              -
              
              
              3,000Stock issued for shares held by stockholders of Speedhaul Holdings,
                  Inc.
                  ($0.0018 per share)
              
              
              -
              
              
              -
              
              
              1,155,150
              
              
              116
              
              
              12,384
              
              
              -
              
              
              12,500Net loss for the period from June 30, 2004 (inception) to December
                  31,
                  2004
              
              
              -
              
              
              -
              
              
              -
              
              
              -
              
              
              -
              
              
              (4,104
              )
              
              (4,104
              )Balance,
                  December 31, 2004
              
              
              -
              
              
              -
              
              
              1,155,150
              
              
              116
              
              
              14,684
              
              
              (4,104
              )
              
              11,696In-kind
                  contribution of office space
              
              
              -
              
              
              -
              
              
              -
              
              
              -
              
              
              3,000
              
              
              -
              
              
              3,000Net loss, 2005
              
              
              -
              
              
              -
              
              
              -
              
              
              -
              
              
              -
              
              
              (64,630
              )
              
              (64,630
              )Balance,
                  December 31, 2005
              
              
              -
              
              
              -
              
              
              1,155,150
              
              
              116
              
              
              17,684
              
              
              (68,734
              )
              
              (49,934
              )In-kind
                  contribution of services
              
              
              -
              
              
              -
              
              
              -
              
              
              -
              
              
              6,500
              
              
              -
              
              
              6,500In-kind contribution of interest
              
              
              -
              
              
              -
              
              
              -
              
              
              -
              
              
              279
              
              
              -
              
              
              279Net loss, 2006
              
              
              -
              
              
              -
              
              
              -
              
              
              -
              
              
              -
              
              
              (24,922
              )
              
              (24,922
              )**BALANCE,
                  DECEMBER 31, 2006**
              
              
              -
              
              $
              -
              
              
              11,155,050
              
              $
              1,116
              
              $
              24,463
              
              $
              (93,656
              )
              $
              (68,077
              )
 
  See
          accompanying notes to consolidated financial statements.
  F-4
   **SPEEDHAUL HOLDINGS, INC. AND
          SUBSIDIARY**
 (A
          DEVELOPMENT STAGE COMPANY)
 CONSOLIDATED
          STATEMENTS OF CASH FLOWS
 For
                  the Year Ended December 31, 2006
              
              For
                  the Year Ended December 31, 2005
              
              For
                  the Period from
                June
                  30, 2004 (inception) to December 31, 2006**CASH
                  FLOWS FROM OPERATING ACTIVITIES:**Net
                  loss
              
              $
              (24,922
              )
              $
              (64,630
              )
              $
              (93,656
              )Adjustments
                  to reconcile net loss to net cash provided by (used in) operating
                  activities:Depreciation
                  expense
              
              
              -
              
              
              3,312
              
              
              3,312Impairment
                  of website
              
              
              -
              
              
              9,938
              
              
              9,938In-kind
                  contribution
              
              
              6,779
              
              
              3,000
              
              
              12,779Changes
                  in operating assets and liabilities:Increase
                  in accrued interest expense
              
              
              750
              
              
              -
              
              
              750Increase
                  in accounts payable and accrued expenses
              
              
              653
              
              
              37,659
              
              
              41,027Net
                  Cash Provided By (Used In) Operating Activities
              
              
              (16,740
              )
              
              (10,721
              )
              
              (25,850
              )**CASH
                  FLOWS FROM INVESTING ACTIVITIES:**Purchase
                  of intangible assets
              
              
              -
              
              
              (4,416
              )
              
              (13,250
              )Net
                  Cash Used In Investing Activities
              
              
              -
              
              
              (4,416
              )
              
              (13,250
              )**CASH
                  FLOWS FROM FINANCING ACTIVITIES:**Proceeds
                  from loan - related party
              
              
              -
              
              
              -
              
              
              4,650Proceeds
                  from notes payable - related party
              
              
              25,000
              
              
              10,000
              
              
              35,000Proceeds
                  from issuance of common stock
              
              
              -
              
              
              -
              
              
              12,800Net
                  Cash Provided By Financing Activities
              
              
              25,000
              
              
              10,000
              
              
              52,450NET
                  INCREASE (DECREASE) IN CASH
              
              
              8,260
              
              
              (5,137
              )
              
              13,350CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD
              
              
              5,090
              
              
              10,227
              
              
              -CASH AND CASH EQUIVALENTS AT END OF PERIOD
              
              $
              13,350
              
              $
              5,090
              
              $
              13,350**SUPPLEMENTAL
                  DISCLOSURE OF CASH FLOW INFORMATION:**Cash paid for interest
              
              $
              -
              
              $
              -
              
              $
              -Cash paid for income taxes
              
              $
              -
              
              $
              -
              
              $
              -
 
 See
          accompanying notes to consolidated financial statements.
  F-5
 **SPEEDHAUL HOLDINGS, INC. AND
          SUBSIDIARY**
 (A
          DEVELOPMENT STAGE COMPANY)
 NOTES
          TO CONSOLIDATEDFINANCIAL STATEMENTS
 AS
          OF DECEMBER 31, 2006
  **NOTE
        1**  **SUMMARY
        OF SIGNIFICANT ACCOUNTING POLICIES AND ORGANIZATION**
 
 ***(A)
        Organization***
 
 Speedhaul
        Holdings, Inc. f/k/a Segway VIII Corp. (a development stage company) was
        incorporated under the laws of the State of New Jersey on April 6, 2000.
        Activities during the development stage include developing the business plan
        and
        raising capital.
 
 Speedhaul,
        Inc. (a development stage company) was incorporated under the laws of the
        State
        of New Jersey on June 30, 2004. Speedhaul, Inc. plans to operate an internet
        website which offers internet subscription based load and equipment posting
        and
        searching services for the freight trucking business. The Company will gather
        load and equipment information from subscribers who participate in all segments
        of the trucking industry; trucking companies, brokers, shippers, freight
        forwarders, logistical companies and others and make that information instantly
        available through a simple and easy to use internet based software
        program.
 
 Speedhaul
        Holdings, Inc. and its wholly owned subsidiary Speedhaul, Inc. are hereafter
        referred to as (the “Company”).
 
 ***(B)
        Use of Estimates***
 
 In
        preparing financial statements in conformity with generally accepted accounting
        principles, management is required to make estimates and assumptions that
        affect
        the reported amounts of assets and liabilities and the disclosure of contingent
        assets and liabilities at the date of the financial statements and revenues
        and
        expenses during the reported period. Actual results could differ from those
        estimates.
 
 ***(C)
        Principles of Consolidation***
 
 The
        consolidated financial statements include the accounts of Speedhaul Holdings,
        Inc. and its wholly owned subsidiary, Speedhaul, Inc. All significant inter
        company accounts and transactions have been eliminated.
 
 ***(D)
        Cash and Cash Equivalents***
 
 For
        purposes of the cash flow statements, the Company considers all highly liquid
        investments with original maturities of three months or less at the time
        of
        purchase to be cash equivalents.
 
 
 F-6
 **SPEEDHAUL HOLDINGS, INC. AND
          SUBSIDIARY**
 (A
          DEVELOPMENT STAGE COMPANY)
 NOTES
          TO CONSOLIDATEDFINANCIAL STATEMENTS
 AS
          OF DECEMBER 31, 2006
 
 ***(E)
        Website Costs***
 
 The
        Company has adopted the provisions of Emerging Issues Task Force 00-2,
“Accounting for Web Site Development Costs.” Costs incurred in the planning
        stage of a website are expensed as research and development while costs incurred
        in the development stage are capitalized and amortized over the life of the
        asset, estimated to be five years.
 
 ***(F)
        Long-Lived Assets***
 
 The
        Company accounts for long-lived assets under the Statements of Financial
        Accounting Standards Nos. 142 and 144 “Accounting for Goodwill and Other
        Intangible Assets” and “Accounting for Impairment or Disposal of Long-Lived
        Assets” (“SFAS No. 142 and 144”). In accordance with SFAS No. 142 and 144,
        long-lived assets, goodwill and certain identifiable intangible assets held
        and
        used by the Company are reviewed for impairment whenever events or changes
        in
        circumstances indicate that the carrying amount of an asset may not be
        recoverable. For purposes of evaluating the recoverability of long-lived
        assets,
        goodwill and intangible assets, the recoverability test is performed using
        undiscounted net cash flows related to the long-lived assets.
 
 ***(G)
        Income Taxes***
 
 The
        Company accounts for income taxes under the Statement of Financial Accounting
        Standards No. 109, “Accounting for Income Taxes” (“Statement 109”). Under
        Statement 109, deferred tax assets and liabilities 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. 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. Under Statement 109,
        the
        effect on deferred tax assets and liabilities of a change in tax rates is
        recognized in income in the period that includes the enactment date. As of
        December 31, 2006, the Company has a net operating loss carryforward of
        approximately $80,800 available to offset future taxable income through 2026.
        The valuation allowance at December 31, 2005 was $21,957. The net change
        in the
        valuation allowance for the year ended December 31, 2006 was an increase
        of
        $6,350.
 
 ***(H)
        Loss Per Share***
 
 Basic
        and
        diluted net loss per common share is computed based upon the weighted average
        common shares outstanding as defined by Financial Accounting Standards No.
        128,
“Earnings Per Share.” As of December 31, 2006 and 2005, there were no common
        share equivalents outstanding.
 
   F-7
 **SPEEDHAUL HOLDINGS, INC. AND
          SUBSIDIARY**
 (A
          DEVELOPMENT STAGE COMPANY)
 NOTES
          TO CONSOLIDATEDFINANCIAL STATEMENTS
 AS
          OF DECEMBER 31, 2006
 ***(I)
        Business Segments***
 
 The
        Company operates in one segment and therefore segment information is not
        presented.
 
 ***(J)
        Recent Accounting Pronouncements***
 
 SFAS
        155,
        Accounting for Certain Hybrid Financial Instruments and SFAS 156, Accounting
        for
        Servicing of Financial Assets were recently issued. SFAS 155 and 156 have
        no
        current applicability to the Company and have effect on the financial
        statements.
 
 **NOTE
        2**  **PROPERTY
        AND EQUIPMENT**
 
 Property
        and equipment at December 31, 2006 consisted of the following:
 
 Website
                  development costs
              
              $
              13,250Accumulated
                  depreciation
              
              
              3,312Impairment
              
              
              9,938$
              -
 
 During
        2005, the Company recognized an impairment of its website of
        $9,938.
 
 **NOTE
        3**  **LOAN
        PAYABLE - RELATED PARTY**
 
 During
        2004, the Company received a working capital loans from a stockholder of
        $5,000
        and $4,500 totaling $9,500 and repaid $4,850 during 2004.
 
 The
        outstanding balance at December 31, 2006 for all related party loans was
        $4,650.
 
 **NOTE
        4**  **NOTE
        PAYABLE - RELATED PARTY**
 
 During
        2005, the Company received a note payable of $10,000 from a law firm related
        to
        two stockholders of the Company. The note bears interest at 6%, is unsecured
        and
        due on November 8, 2006. The outstanding loan balance at December 31, 2006
        was
        $10,000.
 
 During
        the 2006, the Company received working capital note payable from a stockholder
        in the amount of $25,000. The note bears interest at 6%, is unsecured and
        due on
        demand.
 
 The
        outstanding balance at December 31, 2006 for all related party notes was
        $35,000.
 
 
 F-8
 
 **SPEEDHAUL HOLDINGS, INC. AND
          SUBSIDIARY**
 (A
          DEVELOPMENT STAGE COMPANY)
 NOTES
          TO CONSOLIDATEDFINANCIAL STATEMENTS
 AS
          OF DECEMBER 31, 2006
 **NOTE
        5**  **STOCKHOLDERS’
        DEFICIENCY**
 
 ***(A)
        Common Stock Issued for Cash***
 
 On
        June
        30, 2004, the Company issued 10,000,000 shares of common stock to its founder
        for cash of $300 ($0.00003 per share).
 
 ***(B)
        Common Stock Issued in Reverse Merger***
 
 On
        December 20, 2004, Speedhaul Holdings, Inc. exchanged 1,115,383 shares of
        common
        stock for all the outstanding shares of Speedhaul, Inc. (See Note
        1).
 
 ***(C)
        In-Kind Contribution***
 
 Since
        inception to December 31, 2006, the Company recorded $12,500 of in-kind services
        provided. Of the total, $9,000 was for rent expense for space provided by
        its
        majority stockholder. The remaining $3,500 was for services
        provided.
 
 Since
        inception to December 31, 2006, the Company recorded $279 of in-kind interest
        expense.
 
 ***(D)
        Stock Split***
 
 During
        November 2005, the Company declared a 1 for 1.5 common stock split effective
        to
        stockholders of record on November 13, 2005. Per share and weighted average
        amounts have been retroactively restated in the accompanying financial
        statements and related notes to reflect this stock split.
 
 During
        January 2007, the Company declared a 3 for 1 common stock reverse split
        effective to stockholders of record on January 23, 2007. Per share and weighted
        average amounts have been retroactively restated in the accompanying financial
        statements and related notes to reflect this stock split.
 
 **NOTE
        6**  **RELATED
        PARTY TRANSACTIONS**
 
 See
        Notes
        3, 4 and 5.
 
 **NOTE
        7**  **GOING
        CONCERN**
 
 As
        reflected in the accompanying consolidated financial statements, the Company
        is
        in the development stage and has a working capital deficiency of $68,077,
        a loss
        from operations of $23,293 and a stockholders’ deficiency of $68,077. These
        factors raise substantial doubt about its ability to continue as a going
        concern.
    F-9
  **SPEEDHAUL HOLDINGS, INC. AND
          SUBSIDIARY**
 (A
          DEVELOPMENT STAGE COMPANY)
 NOTES
          TO CONSOLIDATEDFINANCIAL STATEMENTS
 AS
          OF DECEMBER 31, 2006
  The
        ability of the Company to continue as a going concern is dependent on the
        Company’s ability to raise additional capital and implement its business plan.
        The financial statements do not include any adjustments that might be necessary
        if the Company is unable to continue as a going concern.
 Management
        believes that actions presently being taken to obtain additional funding
        and
        implement its strategic plans provide the opportunity for the Company to
        continue as a going concern.
 
 **NOTE
        8**  **SUBSEQUENT
        EVENT**
 
 During
        January 2007, the Company declared a 3 for 1 common stock reverse split
        effective to stockholders of record on January 23, 2007. Per share and weighted
        average amounts have been retroactively restated in the accompanying financial
        statements and related notes to reflect this stock split (See Note
        5).












F-10




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




None.




**Item
      8A. Controls and Procedures.**





**Evaluation
      of Disclosure Controls and Procedures**





Under
      the
      supervision and with the participation of our management, including our
      principal executive officer and principal financial officer, we conducted an
      evaluation of our disclosure controls and procedures, as such term is defined
      under Rule 13a-15(e) and Rule 15d-15(e) promulgated under the Securities
      Exchange Act of 1934, as amended (Exchange Act), as of December 31, 2006. Based
      on this evaluation, our principal executive officer and principal financial
      officer have concluded that our disclosure controls and procedures are effective
      to ensure that information required to be disclosed by us in the reports we
      file
      or submit under the Exchange Act is recorded, processed, summarized, and
      reported within the time periods specified in the Securities and Exchange
      Commission's rules and forms and that our disclosure and controls are designed
      to ensure that information required to be disclosed by us in the reports that
      we
      file or submit under the Exchange Act is accumulated and communicated to our
      management, including our principal executive officer and principal financial
      officer, or persons performing similar functions, as appropriate to allow timely
      decisions regarding required disclosure.





**Changes
      in Internal Controls**





There
      were no changes (including corrective actions with regard to significant
      deficiencies or material weaknesses) in our internal controls over financial
      reporting that occurred during the fourth quarter of fiscal 2006 that has
      materially affected, or is reasonably likely to materially affect, our internal
      control over financial reporting.





**Item
      8B. Other Information.**




None.







II-5


**PART
      III**













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





Our
      directors and officers, as of February 26, 2007, are set forth below. The
      directors hold office for their respective term and until their successors
      are
      duly elected and qualified. Vacancies in the existing Board are filled by a
      majority vote of the remaining directors. The officers serve at the will of
      the
      Board of Directors.






Name
            Age
            Positions
                and Offices HeldAndrew
                Norins
            36
            President,
                Chief Executive Officer, Chief Financial Officer, Chairman of the
                Board of
                Directors




Set
      forth
      below is a brief description of the background and business experience of our
      executive officers and directors for the past five years.




**ANDREW
      NORINS** has been
      our President, CEO, CFO and Chairman of our Board of Directors since December
      21, 2004. Mr. Norins has been the Director of Operations and the head of
      the Customer Service Department for Chopper Logistics in Montville, New Jersey
      since November 2001. Chopper Logistics is a $40,000,000 regional dedicated
      carrier which has been in business for over 30 years and specializes in the
      automotive industry. In his capacity as Director of Operations he supervises
      the
      company’s dispatching and deliveries as well as handling the duties of payroll
      controller. In addition, as the head of Customer Service his responsibilities
      include assisting the company in its customer relations and
      scheduling.




From
      January 2000 to November 2001, Mr. Norins was the President of Westridge
      Enterprises, a company that owned and operated a nightclub located in
      Greensboro, North Carolina. As the President of the company and manager of
      the
      nightclub, Mr. Norins supervised all of the day to day operations of this
      company as well as the payroll and bookkeeping. Prior to such time, he was
      employed as Logistics Center Supervisor at Penske Logistics in Garfield, New
      Jersey from June 1994 until December 1999. His responsibilities in such position
      included the handling of customer relations, payroll manager and supervising
      dispatchers, clerks and drivers. Mr. Norins received a Bachelor of Science
      from the University of Delaware in 1992 with a Minor in Business Administration.




**Term
      of Office**




Our
      directors are appointed for a one-year term to hold office until the next annual
      general meeting of our shareholders or until removed from office in accordance
      with our bylaws. Our officers are appointed by our board of directors and hold
      office until removed by the board.





**Significant
      Employees**





None.





**Family
      Relationships**





No
      family
      relationships exist among our directors or executive officers.





**Involvement
      in Certain Legal Proceedings**




To
      our
      knowledge, during
      the past five years, none of our directors, executive officers, promoters,
      control persons, or nominees has been:






III-1






•
            the
                subject of any bankruptcy petition filed by or against any business
                of
                which such person was a general partner or executive officer either
                at the
                time of the bankruptcy or within two years prior to that time;





•
            convicted
                in a criminal proceeding or is subject to a pending criminal proceeding
                (excluding traffic violations and other minor offenses);





•
            subject
                to any order, judgment, or decree, not subsequently reversed, suspended
                or
                vacated, of any court of competent jurisdiction, permanently or
                temporarily enjoining, barring, suspending or otherwise limiting
                his
                involvement in any type of business, securities or banking activities;
                or





•
            found
                by a court of competent jurisdiction (in a civil action), the Commission
                or the Commodity Futures Trading Commission to have violated a federal
                or
                state securities or commodities law.





**Code
      of Ethics**





We
      have
      adopted a Code of Ethics applicable to our Chief Executive Officer and Chief
      Financial Officer. This Code of Ethics is filed herewith as an
      exhibit.





**Compliance
      with Section 16(a) of the Exchange Act**




Section
      16(a) of the Securities Exchange Act of 1934 requires the Company's officers
      and
      directors, and persons who own more than 10 percent of a registered class of
      the
      Company's equity securities, to file reports of ownership and changes in
      ownership with the Securities and Exchange Commission (SEC). Officers,
      directors, and greater than 10 percent stockholders are required by SEC
      regulation to furnish the Company with copies of all Section 16(a) forms they
      file.





To
      the
      Company's knowledge, based solely on a review of the copies of such reports
      furnished to the Company, all reports under Section 16(a) required to be filed
      by its officers and directors and greater than ten percent beneficial owners
      were timely filed as of the date of this filing.




**Item
        10. **Executive
        Compensation.****


**Compensation
      of Executive Officers**




The
      following summary compensation table sets forth all compensation awarded to,
      earned by, or paid to the named executive officers paid by us during the fiscal
      years ended December 31, 2006 and 2005 in all capacities for the accounts of
      our
      executives, including the Chief Executive Officer (CEO) and Chief Financial
      Officer (CFO):





**SUMMARY
      COMPENSATION TABLE**





**Name
                and Principal Position**
            
            
            **Year**
            
            
            **Salary**
              **($)**
            
            
            **Bonus**
              **($)**
            
            
            **Stock
                Awards**
              **($)**
            
            
            **Option
                Awards**
              **($)**
            
            
            **Non-Equity
                Incentive Plan Compensation ($)**
            
            
            **Non-Qualified
                Deferred Compensation Earnings**
              **($)**
            
            
            **All
                Other Compensation**
              **($)**
            
            **Totals**
              **($)**Andrew
                Norins
              President,
                Chief
            
            
            2006
            
            $
            0
            
            
            0
            
            
            0
            
            
            0
            
            
            0
            
            
            0
            
            
            0
            $
            0Executive
                Officer,
            
            
            2005
            
            $
            0
            
            
            0
            
            
            0
            
            
            0
            
            
            0
            
            
            0
            
            
            0
            $
            0Chief
                Financial Officer




**Outstanding
      Equity Awards at Fiscal Year-End Table.** There
      were no individual grants of stock options to purchase our common stock made
      to
      the named executive officers in the Summary Compensation Table during the fiscal
      year ended December 31, 2006, and the subsequent period up to the date of the
      filing of this prospectus.






III-2




**Employment
      Agreements**




None.




**Compensation
      of Directors**




For
      the
      fiscal year ended December 31, 2006, we did not compensate our directors for
      their services.




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




The
      following table sets forth each person known by us to be the beneficial owner
      of
      five percent or more of the Company’s Common Stock, all directors individually
      and all directors and officers of the Company as a group. Except as noted,
      each
      person has sole voting and investment power with respect to the shares
      shown.




**Title
                of Class**
            **Name
                and Address**
              **of
                Beneficial Owner**
            **Amount
                and Nature**
              **of
                Beneficial Owner**
            **Percent**
              **Of
                Class**Common
                Stock
            Andrew
                Norins
              7
                Bayhill Blvd.
              Monroe,
                NJ 08831
            10,000,000
            89.65%Officers
                and Directors
              As
                a Group (1)
            
            10,000,000
            89.65%




The
      percent of class is based on 11,155,050 shares of common stock issued and
      outstanding as of February 26, 2007.




**ITEM
      12. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS.**




We
      currently use space at 7 Bayhill Boulevard, Monroe, New Jersey 08831. We lease
      such space from Andrew Norins, our President, for no charge on a month to month
      basis.




On
      March
      31, 2000, 1,666,667 shares of common stock were issued to Richard I. Anslow
      for
      services rendered as the founder of the company. On September 1, 2000, 83,333
      shares were issued to Robert Jaclin for cash consideration. Robert Jaclin
      subsequently gifted such shares to his son, Gregg E. Jaclin. Both Richard I.
      Anslow and Robert Jaclin may be deemed founders of the company.




Prior
      to
      our merger with Speedhaul, Inc., Richard Anslow, our sole officer, director
      and
      principal shareholder at such time, made all decisions for us and negotiated
      the
      completion of the merger. There was no relationship between Richard Anslow
      and
      Speedhaul, Inc. prior to the merger. We were introduced to Speedhaul through
      Gregg Jaclin, one of our shareholders and a partner at Anslow & Jaclin, LLP.
      Mr. Jaclin is friends with Andrew Norins, the sole  shareholder
      of Speedhaul, Inc. Pursuant to the terms of the agreement between us and
      Speedhaul, Inc., Richard Anslow resigned as our officer and director. Anslow
      & Jaclin, LLP remained as legal counsel for us.




**ITEM
      13. EXHIBITS AND REPORTS ON FORM 8-K**




(a)
            Exhibits:




None




(b)
            Reports
                of Form 8-K filed in fourth quarter of the fiscal
                year:




None




III-3


**ITEM
      14. PRINCIPAL ACCOUNTANT FEES AND SERVICES**




Audit
      Fees




For
      the
      Company’s fiscal years ended December 31, 2006 and 2005, we were billed
      approximately $7,135 and $7,200 for professional services rendered for the
      audit
      and review of our financial statements filed with the Securities and Exchange
      Commission for our years ended December 31, 2006 and 2005,
      respectively.




Tax
      Fees




For
      the
      Company’s fiscal year ended December 31, 2006 and 2005, we were billed
      approximately $0 and $0 for professional services rendered for tax compliance,
      tax advice, and tax planning.




All
      Other
      Fees




The
      Company did not incur any other fees related to services rendered by our
      principal accountant for the fiscal year ended December 31, 2006 and
      2005.




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















III-4


**SIGNATURES**




Pursuant
      to the requirements of Section 13 or 15(d) of the Securities Exchange Act of
      1934, the registrant has duly caused this report to be signed on its behalf
      by
      the undersigned, there unto duly authorized.




SPEEDHAUL
                HOLDINGS, INC.




By:
            /*s/
                Andrew Norins*Andrew
                NorinsPresident,
                Secretary and Director




Dated:
      February 26, 2007




Pursuant
      to the requirements of the Securities Exchange Act of 1934, this report has
      been
      signed below by the following persons on behalf of the registrant and in the
      capacities and on the dates indicated.




NAME
            TITLE
            DATE*/s/
                Andrew Norins*
            President,
                Secretary and Director
            February
                26, 2007Andrew
                Norins