U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 10-QSB

              [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)
                     OF THE SECURITIES EXCHANGE ACT OF 1934
                  For the quarterly period ended June 30, 2005

                                       OR

              [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d)
                     OF THE SECURITIES EXCHANGE ACT OF 1934
               For the transition period from ________ to ________


                              Radale Imports, Inc.
             (Exact name of registrant as specified in its charter)


  California                        000-49708                       33-0684067
  ----------                        ---------                       ----------
  (state of                   (Commission File Number)             (IRS Employer
incorporation)                                                      I.D. Number)

                                 P. O. Box 1990
                            Rancho Santa Fe, CA 92067
                                  858-756-3011
              ----------------------------------------------------
             (Address and telephone number of registrant's principal
               executive offices and principal place of business)

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  twelve  months (or for such
shorter period that the  registrant was required to file such reports),  and (2)
has been subject to such filing  requirements for the past 90 days.
Yes [X] No [ ]

As of August 18, 2005, there were 2,138,150  shares of the  Registrant's  Common
Stock, par value $0.001 per share, outstanding.

Transitional Small Business Disclosure Format (check one): Yes [ ] No [X]



<PAGE>

                                TABLE OF CONTENTS
                                                                            Page
                                                                            ----

PART I - FINANCIAL INFORMATION                                              3

Item 1.  Financial Statements                                               3

Item 2.  Management's Discussion and Analysis or Plan of Operation          8

Item 3.  Controls and Procedures                                            9

PART II - OTHER INFORMATION                                                 9

Item 1.  Legal Proceedings                                                  9

Item 2.  Changes in Securities                                              9

Item 3.  Defaults Upon Senior Securities                                    10

Item 4.  Submission of Matters to a Vote of Security Holders                10

Item 5.  Other Information                                                  10

Item 6.  Exhibits and Reports on Form 8-K                                   10

SIGNATURES                                                                  12



















                                       2
<PAGE>


                         PART I - FINANCIAL INFORMATION

Item 1.           Financial Statements
                                                                            PAGE
                                                                            ----

CONDENSED BALANCE SHEETS
     JUNE 30, 2005 (UNAUDITED) AND MARCH 31, 2005                              4

CONDENSED STATEMENTS OF OPERATIONS THREE MONTHS
     JUNE 30, 2005 AND 2004 AND PERIOD FROM AUGUST 18, 1995
     (DATE OF INCEPTION) THROUGH JUNE 30, 2005 (UNAUDITED)                     5

CONDENSED STATEMENTS OF CASH FLOWS THREE MONTHS
     ENDED JUNE 30, 2005 AND 2004 AND PERIOD FROM
     AUGUST 18, 1995 (DATE OF INCEPTION) THROUGH
     JUNE 30, 2005(UNAUDITED)                                                  6

NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS                            7-8























                                       3
<PAGE>
<TABLE>
<CAPTION>

                              RADALE IMPORTS, INC.
                          (A Development Stage Company)



                            CONDENSED BALANCE SHEETS
                  JUNE 30, 2005 (UNAUDITED) AND MARCH 31, 2005


                                                                June 30,      March 31,
                                    ASSETS                        2005           2005
                                                              -----------    -----------
                                                              (Unaudited)
<S>                                                           <C>            <C>
Current assets - cash                                         $      --      $     6,144

Related party receivables, net of reserve
     for doubtful accounts of $227,286                               --             --
                                                              -----------    -----------

           Total assets                                       $      --      $     6,144
                                                              ===========    ===========


         LIABILITIES AND STOCKHOLDERS' DEFICIENCY

Current liabilities:
     Cash overdraft                                           $       751    $      --
     Accounts payable                                              46,419         40,567
     Borrowings under line of credit                               32,205         32,328
     Related party payables                                       927,611        911,728
                                                              -----------    -----------
           Total liabilities                                    1,006,986        984,623
                                                              -----------    -----------


Stockholders' deficiency:
     Preferred stock, $.001 par value; 10,000,000 shares
        authorized; none issued                                      --             --
     Common stock, $.001 par value; 40,000,000 shares
        authorized; 2,138,150 shares issued and outstanding         2,138          2,138
     Additional paid-in capital                                   168,853        168,853
     Deficit accumulated during the development stage          (1,177,977)    (1,149,470)
                                                              -----------    -----------
           Total stockholders' deficiency                      (1,006,986)      (978,479)
                                                              -----------    -----------

           Total liabilities and stockholders' deficiency     $      --      $     6,144
                                                              ===========    ===========
</TABLE>




See Notes to Unaudited Condensed Financial Statements.


                                       4
<PAGE>

                              RADALE IMPORTS, INC.
                          (A Development Stage Company)

                       CONDENSED STATEMENTS OF OPERATIONS
                    THREE MONTHS ENDED JUNE 30, 2005 AND 2004
               AND PERIOD FROM AUGUST 18, 1995 (DATE OF INCEPTION)
                              THROUGH JUNE 30, 2005
                                   (Unaudited)


                                          Three Months Ended
                                               June  30,            Cumulative
                                      --------------------------       from
                                          2005           2004        Inception
                                      -----------    -----------    -----------

Operating expenses:
    General and administrative        $    12,774    $     2,287    $   770,438
    Depreciation and amortization                                         7,698
                                      -----------    -----------    -----------
       Totals                              12,774          2,287        778,136
                                      -----------    -----------    -----------

Loss from operations                      (12,774)        (2,287)      (778,136)
                                      -----------    -----------    -----------

Other (income) expense:
    Interest income                                                     (50,836)
    Interest expense                       15,733         20,096        450,677
                                      -----------    -----------    -----------
       Totals                              15,733         20,096        399,841
                                      -----------    -----------    -----------

Net loss                              $   (28,507)   $   (22,383)   $(1,177,977)
                                      ===========    ===========    ===========

Net loss per common share - basic     $      (.01)   $      (.01)
                                      ===========    ===========

Basic weighted average number of
    common shares                       2,138,150      2,138,150
                                      ===========    ===========


See Notes to Unaudited Condensed Financial Statements.



                                       5
<PAGE>
<TABLE>
<CAPTION>

                              RADALE IMPORTS, INC.
                          (A Development Stage Company)

                       CONDENSED STATEMENTS OF CASH FLOWS
                  THREE MONTHS ENDED JUNE 30, 2005 AND 2004 AND
                 PERIOD FROM AUGUST 18, 1995 (DATE OF INCEPTION)
                              THROUGH JUNE 30, 2005
                                   (Unaudited)

                                                                                          Cumulative
                                                                                             from
                                                                2005           2004        Inception
                                                            -----------    -----------    -----------
<S>                                                         <C>            <C>            <C>
Operating activities:
     Net loss                                               $   (28,507)   $   (22,383)   $(1,177,977)
     Adjustments to reconcile net loss to net cash
        used in operating activities:
        Provision for uncollectible related party
           receivables including accrued interest                                             227,286
        Depreciation and amortization                                                           7,698
        Common stock issued for services                                                       21,191
        Changes in operating assets and liabilities:
           Other assets                                                                        (1,105)
           Accounts payable                                       5,852          1,327         46,419
           Interest receivable from related parties                                           (50,836)
           Interest payable to related parties                   12,561         19,330        435,125
                                                            -----------    -----------    -----------
                Net cash used in operating activities           (10,094)        (1,726)      (492,199)
                                                            -----------    -----------    -----------

Investing activities:
     Purchase of property and equipment                                                        (6,593)
     Advances to related parties                                                             (176,450)
                                                                                          -----------
                Net cash used in investing activities                                        (183,043)
                                                                                          -----------

Financing activities:
     Net proceeds from loans payable to related party             3,322          2,000        492,486
     Net proceeds from (payment on) line of credit                 (123)             8         32,205
     Proceeds from issuance of common stock                                                   149,800
     Cash overdraft                                                 751           --              751
                                                            -----------    -----------    -----------
                Net cash provided by financing activities         3,950          2,008        675,242
                                                            -----------    -----------    -----------

Net increase (decrease) in cash                                  (6,144)           282           --

Cash, beginning of period                                         6,144            288           --
                                                            -----------    -----------    -----------

Cash, end of period                                         $      --      $       570    $      --
                                                            ===========    ===========    ===========
</TABLE>



See Notes to Unaudited Condensed Financial Statements.


                                       6
<PAGE>


                              RADALE IMPORTS, INC.
                          (A Development Stage Company)

                NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS


Note 1 - Unaudited interim financial statements:

          The accompanying  unaudited condensed  financial  statements of Radale
          Imports,  Inc. (the  "Company")  have been prepared in accordance with
          accounting  principles  generally  accepted  in the  United  States of
          America for interim financial information and with the instructions to
          Form 10-QSB.  Accordingly,  they do not include all of the information
          and footnotes required by accounting  principles generally accepted in
          the United States of America for complete financial statements. In the
          opinion of management, all adjustments (consisting of normal recurring
          accruals)  considered  necessary  for a fair  presentation  have  been
          included.  Operating  results for the three months ended June 30, 2005
          are not necessarily indicative of the results that may be expected for
          the year ending  March 31, 2006.  The  unaudited  condensed  financial
          statements  should be read in conjunction  with the audited  financial
          statements and footnotes  thereto  included in the Company's March 31,
          2005 Annual Report on Form 10-KSB.


Note 2 - Business organization and policies:

          Use of estimates:

               The  preparation  of  financial  statements  in  conformity  with
               accounting  principles generally accepted in the United States of
               America  requires  management to make  estimates and  assumptions
               that affect reported amounts and disclosures. Accordingly, actual
               results could differ from those estimates.

          Earnings (loss) per share:

               The Company  follows the  provisions  of  Statement  of Financial
               Accounting Standards No. 128, Earnings per Share ("SFAS 128").

               Basic earnings  (loss) per common share is calculated by dividing
               net income or loss  applicable  to common  shares by the weighted
               average  number of common shares  outstanding  during the period.
               The  calculation of diluted  earnings per common share is similar
               to that of basic earnings per common share,  except that dilutive
               earnings per common share reflects the amount of earnings for the
               period available to each share of common stock outstanding during
               the  reporting  period,  while  giving  effect  to  all  dilutive
               potential common shares that were  outstanding  during the period
               such as  common  shares  that  could  result  from the  potential
               exercise or conversion of securities  and debt into common stock.
               There are potentially no dilutive  common shares  outstanding for
               the three months ended June 30, 2005 and 2004.





                                       7
<PAGE>

                              RADALE IMPORTS, INC.
                          (A Development Stage Company)

                NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS




Note 3 - Basis of presentation:

               The  accompanying  financial  statements  have been  prepared  in
               conformity with accounting  principles  generally accepted in the
               United States of America which  contemplate  continuation  of the
               Company as a going concern and the  realization  of the Company's
               assets  and the  satisfaction  of its  liabilities  in the normal
               course of  business.  As of June 30,  2005,  the  Company  has an
               accumulated  deficit  of  $1,177,977,  and  a  stockholders'  and
               working  capital  deficiency of $1,006,986.  Management  plans to
               obtain the additional  funds to enable the Company to continue as
               a going concern through the sale of equity  securities to private
               investors pursuant to a private placement memorandum.  Due to the
               Company's  recurring losses and stockholders'  deficiency,  there
               can be no  assurance  that the Company will be able to obtain the
               additional  funds,  which may  impact  the  Company's  ability to
               continue  as  a  going  concern.   The   accompanying   financial
               statements  do  not  include  any  adjustments   related  to  the
               recoverability  and  classification  of assets or the amounts and
               classification  of liabilities that might be necessary should the
               Company be unable to continue its operations as a going concern.


Note 4 - Related party receivables, net:

               Related party receivables of $227,286 as of June 30, 2005 include
               accrued interest of $50,836.  The receivables arose from periodic
               borrowings  from the Company by  stockholders  and officers.  All
               unpaid  amounts  were due no later than March 31,  2001,  and are
               currently  in default.  The  repayment of the  principal  and all
               accrued  interest has been guaranteed by the Company's  principal
               stockholder.  As a  consideration  to  the  stockholder  for  the
               guarantee,  the  debtors  pledged  their  stock to the  principal
               stockholder.  Currently, the Company has not commenced collection
               of  the  receivables.   Because  of  the  uncertainty  about  the
               collectability of the receivables, no interest income was accrued
               in the three  month  periods  ended June 30,  2005 and 2004.  The
               total  receivables  including  accrued  interest of $227,286 have
               been fully reserved through a provision  charged to operations in
               the year ended March 31, 2001.


Note 5 - Related party payables:

               Related  party  payables  as of June 30, 2005  totaled  $927,611,
               which includes notes payable of $492,486 and accrued  interest of
               $435,125.  The notes bear  interest with rates ranging from 6% to
               10% and are currently in default.











                                       8
<PAGE>

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

         The following  discussion  and analysis  should be read in  conjunction
with  the  financial  statements  and the  accompanying  notes  thereto  for the
three-month  period  ended June 30, 2005 and is qualified in its entirety by the
foregoing and by more detailed financial  information  appearing elsewhere.  See
"Item  1.   Financial   Statements."   The  discussion   includes   management's
expectations for the future.

         Such  expressions of  expectation  are not historical in nature and are
considered   forward-looking  statements  within  the  meaning  of  the  Private
Securities Litigation Reform Act of 1995. Forward-looking statements are subject
to risks  and  uncertainties  that may cause  actual  future  results  to differ
materially from those expressed in any forward-looking statement. Such risks and
uncertainties  are discussed in the Risk Factors section of our Annual Report on
Form 10-KSB. Copies of that filing may be obtained by contacting Anne Ash of our
company at P. O. Box 1990, Rancho Santa Fe, CA 92067, telephone (858) 756-3011.

Plan of Operation for the Next Twelve Months

         Our current  business plan is to seek,  investigate  and, if warranted,
acquire  one or more  properties  or  businesses,  and to pursue  other  related
activities  intended to enhance shareholder value. The acquisition of a business
opportunity  may be made by purchase,  merger,  exchange of stock, or otherwise,
and may encompass  assets or a business  entity,  such as a  corporation,  joint
venture or partnership.  We have no capital,  and it is unlikely that we will be
able to take advantage of more than one such business opportunity.  We intend to
seek opportunities demonstrating the potential of long-term growth as opposed to
short-term earnings.

         As part of this  plan,  we are  reincorporating  in  Nevada in order to
facilitate such  acquisitions.  California law, under which we are  incorporated
and are  governed,  requires  shareholder  approval  of this  transaction.  Such
approval has been obtained.  The merger  documents have been filed in Nevada and
are being filed in California.  Upon the California  filing,  the merger will be
effective.

         We  are  a  development  stage  Company  and,  since  inception,   have
experienced  significant  liquidity problems. We have no capital resources and a
stockholders' deficiency. We have no assets and liabilities of $1,006,986.

         We propose to carry out our plan of business  as  discussed  above.  We
cannot  predict to what extent its lack of liquidity and capital  resources will
impair  the  consummation  of a  business  combination  or whether we will incur
further  operating  losses  through any business  entity which we may eventually
acquire.

         For the current fiscal year, we anticipate incurring a loss as a result
of legal and accounting  expenses,  expenses  associated with registration under
the Securities  Exchange Act of 1934, and expenses  associated with locating and
evaluating  acquisition   candidates.   We  anticipate  that  until  a  business




                                       9
<PAGE>

combination  is completed with an  acquisition  candidate,  it will not generate
revenues other than interest income, and may continue to operate at a loss after
completing  a  business  combination,  depending  upon  the  performance  of the
acquired business.

Need for Additional Financing
-----------------------------

         We do not have  capital  sufficient  to meet our cash needs  during the
next  twelve  months,  including  the costs of  compliance  with the  continuing
reporting  requirements of the Securities  Exchange Act of 1934. We will have to
seek loans or equity  placements  to cover such cash needs.  In the event we are
able to complete a business combination during this period, the lack of existing
capital may be a sufficient impediment to prevent us from accomplishing the goal
of  completing a business  combination.  There is no  assurance,  however,  that
without  funds we will  ultimately  be able to complete a business  combination.
Once a business combination is completed, our needs for additional financing are
likely to increase substantially.

         No commitments to provide additional funds have been made by management
or  other  stockholders.  Accordingly,  there  can  be  no  assurance  that  any
additional  funds  will be  available  to the  Company  to allow it to cover its
expenses as they may be incurred.

         Irrespective  of whether our cash assets prove to be inadequate to meet
our  operational  needs,  we might seek to  compensate  providers of services by
issuances of stock in lieu of cash.

Item 3.           Controls and Procedures

         Evaluation  of  disclosure  controls  and  procedures.   The  Company's
management,  with the participation of the Company's Chief Executive Officer and
Chief  Financial  Officer,  has  evaluated  the  effectiveness  of the Company's
disclosure  controls  and  procedures  as  of  June  30,  2005.  Based  on  this
evaluation,  the Company's Chief Executive  Officer and Chief Financial  Officer
concluded that the Company's disclosure controls and procedures are effective.

                           PART II - OTHER INFORMATION

Item 1.           Legal Proceedings

         We are not, and none of our  property is, a party to any pending  legal
proceedings, and no such proceedings are known to be contemplated.

         No director, officer or affiliate of the company, and no owner of
record or beneficial owner of more than 5.0% of the securities of the company,
or any associate of any such director, officer or security holder is a party
adverse to the company or has a material interest adverse to the Company in
reference to any litigation.

Item 2.           Changes in Securities

         None.





                                       10
<PAGE>

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

(a)      Exhibits

         The following exhibits are filed, by incorporation by reference, as
part of this Form 10-QSB:

Exhibit
Number            Description of Exhibit
------            ----------------------

2                 Plan of Merger  between  Radale  Imports,  Inc. (a  California
                  corporation) and Radale Imports, Inc. (a Nevada corporation)+

3                 Amended and Restated Articles of Incorporation*

3.1               Bylaws*

3.2               Articles of  Incorporation  of Radale Imports,  Inc., a Nevada
                  corporation+

3.3               Bylaws of Radale Imports, Inc., a Nevada corporation+

14                Code of Ethics for CEO and Senior Financial Officers**

16                Letter of  January  14,  2005  from  J.H.  Cohn LLP to the SEC
                  regarding its concurrence or disagreement  with the statements
                  made in Item  4.01 of Form  8-K  Current  Report  December  1,
                  2004***

31                Certification of Chief Executive Officer pursuant to 18 U.S.C.
                  Section  1350,  as  adopted  pursuant  to  Section  302 of the
                  Sarbanes-Oxley Act of 2002.

31.1              Certification of Chief Financial Officer pursuant to 18 U.S.C.
                  Section  1350,  as  adopted  pursuant  to  Section  302 of the
                  Sarbanes-Oxley Act of 2002.

32                Certification of Chief Executive Officer pursuant to 18 U.S.C.
                  Section  1350,  as  adopted  pursuant  to  Section  906 of the
                  Sarbanes-Oxley Act of 2002.





                                       11
<PAGE>

32.1              Certification of Chief Financial Officer pursuant to 18 U.S.C.
                  Section  1350,  as  adopted  pursuant  to  Section  906 of the
                  Sarbanes-Oxley Act of 2002.



         *Previously  filed with Form 10-SB  Commission  file number  000-49708;
         incorporated herein.

         **Previously filed with Form 10-KSB FYE 03-31-04 Commission file number
         000-49708; incorporated herein.

         ***Previously  filed  with Form 8-K  Current  Report  December  1, 2004
         Commission file number 000-49708; incorporated herein.

         +Previously filed with Form 10-KSB FYE 03-31-05  Commission file number
         000-49708; incorporated herein.

























                                       12
<PAGE>

                                   SIGNATURES

         Pursuant  to  the  requirements  of  the  Exchange  Act  of  1934,  the
Registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.

Date:  August 19, 2005                               Radale Imports, Inc.



                                       By  /s/ Lee D. Dodson
                                          --------------------------------------
                                          Lee D. Dodson, Chief Executive Officer
















                                       13