UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              Washington D.C. 20549




                                   FORM 10-QSB/A




|X|  QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
     ACT OF 1934.

For the quarterly period ended March 31, 2007

|_|  TRANSITION  REPORT  PURSUANT  TO  SECTION  13 OR  15(d)  OF THE  SECURITIES
     EXCHANGE ACT OF 1934. For the transition period from , 20 , to , 20 .

                          Commission File Number 0-8447



                               DOL RESOURCES, INC.
               (Exact Name of Registrant as Specified in Charter)





              Wyoming                                    83-0219465
  (State or Other Jurisdiction of                    (I.R.S. Employer
  Incorporation or Organization)                   Identification Number)

                  3233 West Kingsley Road, Garland, Texas 75041
                    (Address of Principal Executive Offices)

                                 (972) 840-3223
              (Registrant's Telephone Number, Including Area Code)



Check  whether the issuer (1) filed all reports  required to be filed by Section
13 or 15(d) of the  Securities  Exchange  Act  during the past 12 months (or for
such shorter period that the Registrant was required to file such reports),  and
(2) has been subject to such filing  requirements  for the past 90 days. |X| YES
|_| NO

Indicate by check mark whether the  registrant is a shell company (as defined in
Rule 12b-2 of the Exchange Act): |X|YES |_| NO

There were  25,500,000  shares of the  Registrant's  $.01 par value common stock
outstanding as of March 31, 2007

Transitional Small Business Format (check one) Yes |_| NO |X|


<PAGE>


Table of Contents
-----------------

                                     Part I
                              Financial Information
                                 DOL Resources.
                               Three Months Ended
                       March 31, 2007 and 2006 (Unaudited)



The accompanying  condensed  financial  statements have not been reviewed by our
auditors.




Item 1.        Financial Statements

               Balance Sheet as of March 31, 2007 (Unaudited)

               Statements  of  Operations  for the Three  Months Ended March 31,
               2007 and 2006 and  cumulative  from October 2, 2002 through March
               31, 2007 (Unaudited)

               Statements  of Cash Flows for the Three  Months  Ended  March 31,
               2007 and 2006 and  cumulative  from October 2, 2002 through March
               31, 2007 (Unaudited)

               Notes to Financial Statements

Item 2.        Management's  Discussion  & Analysis of Financial  Condition  and
               Plan of Operation

Item 3.        Controls and Procedures

                           Part II - Other Information

Item 1.        Legal Proceedings

Item 2.        Unregistered Sales of Equity Securities and Use of Proceeds

Item 3.        Defaults Upon Senior Securities

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


Item 5.        Other Matters

Item 6.        Exhibits and Reports on Form 8-K


               Signatures




<PAGE>



                               DOL RESOURCES, INC.
                          (A Development Stage Company)

                                  BALANCE SHEET

                                 MARCH 31, 2007
                                   (Unaudited)


                                     Assets
                                     ------
Current assets:

Cash                                                               $_________





                      Liabilities and Stockholders' Equity
                      ------------------------------------

Current liabilities:
    Advances from stockholders                                        $23,129

Stockholders' equity:
    Preferred stock; $5 par value; 10,000,000
     shares  authorized; none issued or outstanding                       -
    Common stock; $.01 par value; 100,000,000
        shares authorized; 25,500,000 shares issued
        and outstanding                                               255,000
    Additionalpaid in capital                                       1,899,078
    Accumulated deficit                                            (2,177,207)

                                                                   $__________





















    The accompanying notes are an integral part of the financial statements.

                                       1


<PAGE>
<TABLE>
<CAPTION>


                               DOL RESOURCES, INC.
                          (A Development Stage Company)

                            STATEMENTS OF OPERATIONS
                                   (Unaudited)


                                                                                                    Cumulative
                                                               From Three          Three           October 2, 2002
                                                              Months Ended      Months Ended         Through
                                                              March 31, 2007    March 31,2006      March 31, 2007
                                                             ---------------   ---------------    ----------------
<S>                                                          <C>               <C>                <C>

Revenues                                                      $        --        $      --        $     --
                                                              -------------      -----------      -------------

Operating expense:

    General and administrative expenses                                --               --              --
    Management fee                                                     --               --              --
                                                              -------------      -----------      -------------

               Total operating expenses                                --               --              --
                                                              -------------      -----------      -------------


Net income                                                    $        --        $      --        $     --
                                                              -------------      -----------      -------------


Basic net income per weighted average
       common share                                           $       --         $      --        $     --
                                                              =============      ===========      =============

Weighted average number of common
       shares outstanding                                        25,500,000       25,500,000      25,500,000
                                                              =============      ===========      =============


</TABLE>





















     The accompanying notes are an integral part of the financial statements

                                        2


<PAGE>
<TABLE>
<CAPTION>


                               DOL RESOURCES, INC.
                          (A Development Stage Company)

                            STATEMENTS OF CASH FLOWS
                                   (Unaudited)





                                                                                                    Cumulative
                                                             From Three          Three             October 2, 2002
                                                            Months Ended      Months Ended           Through
                                                            March 31, 2007    March 31,2006        March 31, 2007
                                                           ---------------   ---------------      ----------------
<S>                                                        <C>               <C>                  <C>

Cash flows from operating activities:
Net income                                                 $              -   $               -  $                -
                                                            ---------------    ----------------   -----------------

      Net cash provided by operating activities                           -                   -                   -

      Net cash provided by investing activities                           -                   -                   -

      Net cash provided by financing activities                           -                   -                   -
                                                            ---------------    ----------------    ----------------

Net change in cash                                                        -                   -                   -

Cash at the beginning of period                                           -                   -                   -
                                                            ---------------    ----------------    ----------------

Cash at the end of period                                 $               -  $                -  $                -
                                                           ================   =================   =================



</TABLE>















    The accompanying notes are an integral part of the financial statements.

                                        3

<PAGE>



                               DOL RESOURCES, INC.
                          (A Development Stage Company)

                          NOTES TO FINANCIAL STATEMENTS


1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Organization and business

DOL  Resources,  Inc.  was  organized  on November 6, 1973 under the laws of the
State of Wyoming.  Its primary  activities  through October 1, 2002 had been the
acquisition of interests in various oil and gas properties,  coal properties and
exploration for oil and gas. On March 31, 2006, the Company's board of directors
formalized an agreement to sell its oil and gas properties with a net book value
of  $570,030  to Glauber  Management  Company in  exchange  for  assuming a note
payable  to a bank of  $263,000,  a payable  to  Glauber  Management  Company of
$354,030  less an accounts  receivable  balance of $7,454  effective  October 1,
2002.  See Note 3. On October2,  2002,  the Company  became a development  stage
company,  whose  activities to date have been limited to the organization of the
company,  the filing of this  registration  statement and activities  incidental
thereto.  The Company  has not  conducted  any  research,  development  or other
business,  and has not been involved in any bankruptcy,  receivership or similar
proceeding, or any material reclassification, merger, consolidation, or purchase
of assets.  The Company has not offered any products or services since September
30, 2002.

Basis of presentation

The accompanying  financial statements have been prepared in accordance with the
regulations of the Securities and Exchange  Commission  ("SEC") for inclusion in
the  Company's  quarterly  report on Form  10-QSB.  The  accompanying  financial
statements  reflect all adjustments of a normal recurring nature,  which are, in
the opinion of  management,  necessary  for a fair  statement  of the results of
operations for the interim periods.  The results of operations for the six-month
period  ended  March  31,  2007 are not  necessarily  indicative  of those to be
expected for the entire year.


Certain  information  and footnote  disclosures  normally  included in financial
statements prepared in accordance with accounting  principles generally accepted
in the United States of America have been  condensed or omitted.  The results of
operations for its current fiscal quarter are not necessarily  indicative of the
operating  results expected for any succeeding  fiscal quarter or for the fiscal
year.

Development stage activities

Subsequent to the Company's sale of oil and gas  properties as described  above,
the Company had not conducted  any  operations.  All of the Company's  operating
results and cash flows reported in the  accompanying  financial  statements from
October 2, 2002 (date  entered  development  stage)  through  March 31, 2007 are
considered to be those related to development stage activities and represent the
`cumulative  from  inception'  amounts  from its  development  stage  activities
required to be reported pursuant to Statements of Financial Accounting Standards
("SFAS") No. 7, Development Stage Enterprises.


                                        4

<PAGE>



                               DOL RESOURCES, INC.
                          (A Development Stage Company)

                          NOTES TO FINANCIAL STATEMENTS

Management estimates

The preparation of financial  statements in conformity  with generally  accepted
accounting principles requires management to make estimates and assumptions that
affect  the  reported  amounts  of assets  and  liabilities  and  disclosure  of
contingent  assets and  liabilities at the date of the financial  statements and
the  reported  amounts of revenues  and expenses  during the  reporting  period.
Actual results could differ from those estimates.

2. Going Concern

The financial  statements  of the Company have been  prepared  assuming that the
Company will  continue as a going  concern.  However,  the Company has sustained
recurring  losses and, as of March 31, 2007, had no business  operations.  These
conditions,  among others,  give rise to  substantial  doubt about the Company's
ability  to  continue  as a going  concern.  Management  is  continuing  to seek
additional  equity  capital to fund a merger or  acquisition  or to  purchase an
ongoing business.  Until such time, the Company  anticipates its working capital
needs to be funded  through  advances  from its major  stockholders.  Management
believes  that these  steps will  provide  the Company  with  adequate  funds to
sustain its continued existence.  There is, however, no assurance that the steps
taken  by  management  will  meet  all of the  Company's  needs  or that it will
continue  as a going  concern.  The  accompanying  financial  statements  do not
include any adjustments that might result from the outcome of this uncertainty.




                         PART I - FINANCIAL INFORMATION

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

THIS  FILING  CONTAINS  FORWARD-LOOKING  STATEMENTS.  THE  WORDS  "ANTICIPATED,"
"BELIEVE,"  "EXPECT," "PLAN," "INTEND," "SEEK,"  "ESTIMATE,"  "PROJECT," "WILL,"
"COULD," "MAY," AND SIMILAR EXPRESSIONS ARE INTENDED TO IDENTIFY FORWARD-LOOKING
STATEMENTS. THESE STATEMENTS INCLUDE, AMONG OTHERS, INFORMATION REGARDING FUTURE
OPERATIONS,  FUTURE  CAPITAL  EXPENDITURES,  AND  FUTURE  NET  CASH  FLOW.  SUCH
STATEMENTS REFLECT THE COMPANY'S CURRENT VIEWS WITH RESPECT TO FUTURE EVENTS AND
FINANCIAL  PERFORMANCE AND INVOLVE RISKS AND UNCERTAINTIES,  INCLUDING,  WITHOUT
LIMITATION,  GENERAL  ECONOMIC  AND  BUSINESS  CONDITIONS,  CHANGES IN  FOREIGN,
POLITICAL,   SOCIAL,  AND  ECONOMIC  CONDITIONS,   REGULATORY   INITIATIVES  AND
COMPLIANCE WITH GOVERNMENTAL REGULATIONS,  THE ABILITY TO ACHIEVE FURTHER MARKET
PENETRATION AND ADDITIONAL  CUSTOMERS,  AND VARIOUS OTHER MATTERS, MANY OF WHICH
ARE  BEYOND  THE  COMPANY'S  CONTROL.  SHOULD  ONE OR MORE  OF  THESE  RISKS  OR
UNCERTAINTIES  OCCUR, OR SHOULD  UNDERLYING  ASSUMPTIONS  PROVE TO BE INCORRECT,
ACTUAL  RESULTS  MAY VARY  MATERIALLY  AND  ADVERSELY  FROM  THOSE  ANTICIPATED,
BELIEVED,   ESTIMATED,  OR  OTHERWISE  INDICATED.   CONSEQUENTLY,   ALL  OF  THE
FORWARD-LOOKING STATEMENTS MADE IN THIS FILING ARE QUALIFIED BY THESE CAUTIONARY
STATEMENTS AND THERE CAN BE NO ASSURANCE OF THE ACTUAL RESULTS OR DEVELOPMENTS.

This  Management's  Discussion  and Analysis  and Plan of  Operation  presents a
review of the operating  results and financial  condition of the Company for the
three month periods ended March 30, 2007 and 2006.  This discussion and analysis
is intended to assist in  understanding  the financial  condition and results of
operations of the Company and its  subsidiaries.  This section should be read in
conjunction with the financial statements and the related notes.


                                        5

<PAGE>


                               DOL RESOURCES, INC.
                          (A Development Stage Company)

                          NOTES TO FINANCIAL STATEMENTS


RESULTS OF OPERATIONS

As a development  stage  company,  DOL Resources has funded  operations  through
short-term  borrowings and equity investments in order to meet obligations.  Our
future  operations  are  dependent  upon  external  funding  and our  ability to
increase  revenues and reduce  expenses.  Management  believes  that  sufficient
funding will be available from additional  related party  borrowings and private
placements to meet our business objectives including  anticipated cash needs for
working capital, for a reasonable period of time.

As of the date of this quarterly  report,  there is substantial  doubt regarding
our ability to continue as a going concern as we have not  generated  sufficient
cash flow to fund our business operations and material  commitments.  Our future
success and  viability,  therefore,  are dependent  upon our ability to generate
capital  financing.  We are  optimistic  that we will be  successful  in our new
business  operations  and  capital  raising  efforts;  however,  there can be no
assurance that we will be successful in generating revenue or raising additional
capital. The failure to generate sufficient revenues or raise additional capital
may have a material and adverse effect upon the Company and our shareholders.

FINANCIAL INFORMATION

The Company has not yet made any determination  about the future business plans.
The Company's Board of Directors is evaluating  possible  directions,  including
possible  transaction  in which the Company  sells or merges its "public  shell"
corporation  to or with a  private  operating  business  whereby  the  Company's
shareholders  would  retain  some  ownership  interest in the  surviving  public
corporation.  However,  the Board of  Directors  may not choose to pursue one or
more options not yet considered.

The Company is not performing any product  research and development at this time
and it is not expected to purchase equipment or incur significant changes in the
number of employees.

OFF BALANCE SHEET ARANGEMENT

As of the date of this report, we do not have any off-balance sheet arrangements
that have or are  reasonably  likely to have a current  or future  effect on our
financial  condition,  changes in  financial  condition,  revenues or  expenses,
results of operations, liquidity, capital expenditures or capital resources that
are material to investors.  The term "off-balance sheet  arrangement"  generally
means any transaction,  agreement or other  contractual  arrangement to which an
entity  unconsolidated  with  us is a  party,  under  which  we  have:  (i)  any
obligation arising under a guarantee contract, derivative instrument or variable
interest;  or (ii) a retained or contingent  interest in assets  transferred  to
such entity or similar  arrangement  that serves as credit,  liquidity or market
risk support for such assets.

                                        6

<PAGE>


                               DOL RESOURCES, INC.
                          (A Development Stage Company)

                          NOTES TO FINANCIAL STATEMENTS



Item 3. Controls and Procedures

(a) Evaluation of disclosure controls and procedures.  Under the supervision and
with the  participation  of the  Company's  management,  including the Company's
Principal  Executive  Officer  and  Principal  Financial  Officer,  the  Company
conducted an evaluation of the effectiveness of the design and operations of its
disclosure  controls and procedures,  as such term is defined in Rules 13a-15(e)
and 15d-15(e)  under the  Securities  Exchange Act of 1934, as amended (the "any
transaction,  agreement or other  contractual  arrangement  to which an Exchange
Act"),  as of the end of the  period  covered  by this  report.  Based  on their
evaluation,  our Principal  Executive  Officer and Principal  Financial  Officer
concluded that our disclosure  controls and procedures  were effective such that
the material  information required to be included in our Securities and Exchange
Commission  ("SEC")  reports is  recorded,  processed,  summarized  and reported
within  the time  periods  specified  in SEC  rules and  forms  relating  to DOL
Resources,  Inc.,  and was made known to them by others  within those  entities,
particularly during the period when this report was being prepared.  (b) Changes
in internal controls. There were no significant changes in our internal controls
or to our  knowledge,  in other  factors  that  could  significantly  affect our
disclosure controls and procedures subsequent to the evaluation date.

                           PART II--OTHER INFORMATION

ITEM 1. LEGAL PROCEDINGS

None

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

During the three month period ended March 31, 2007, there was no modification of
any instruments defining the rights of holders of the Company's common stock and
no limitation or  qualification  of the rights evidenced by the Company's common
stock as a result  of the  issuance  of any  other  class of  securities  or the
modification thereof.

ITEM 3. DEFAULTS UPON SENIOR SECURITIES

None



                                        7

<PAGE>


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

During the three month period  ended March 31, 2007,  the Company did not submit
any matters to a vote of its security holders.

ITEM 5. OTHER MATTERS

The Company does not have any other material  information to report with respect
to the three month period ended March 31, 2007.


ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K (a) Exhibits included herewith are:


31.1           Certification of the Chief Executive Officer,  dated May 15, 2007
               (This  certification  required as Exhibit 31 under Item 601(a) of
               Regulation  S-K is filed as Exhibit 99.1  pursuant to SEC interim
               filing guidance.) (2)

31.2           Certification of the Chief Financial Officer,  dated May 15, 2007
               (This  certification  required as Exhibit 31 under Item 601(a) of
               Regulation  S-K is filed as Exhibit 99.2  pursuant to SEC interim
               filing guidance.) (2)

32             Written  Statements  of the  Chief  Executive  Officer  and Chief
               Financial  Officer,   dated  May  15,  2007  (This  certification
               required  as Exhibit 32 under Item  601(a) of  Regulation  S-K is
               furnished in accordance with Item  601(b)(32)(iii)  of Regulation
               S-K as Exhibit 99.3 pursuant to SEC interim filing guidance.) (2)


(b) Reports on Form 8-K

None








                                        8



<PAGE>



SIGNATURES
----------

Pursuant to the  requirements  of the  Securities  and Exchange Act of 1934, the
registrant has caused this report to be signed on its behalf by the undersigned,
thereto duly authorized:


DOL RESOURCES, INC



Dated:    July 7, 2007                   By:/s/ S. MORT ZIMMERMAN
                                           -------------------------------------
                                                S. Mort Zimmerman
                                                Chairman of the Board, President
                                                and Chief Executive Officer


Dated:    July 7, 2007                   By:/s/ FRED M. UPDEGRAFF
                                            ------------------------------------
                                                Fred M. Updegraff
                                                Vice President, Chief Financial
                                                Officer, and Treasurer






















                                        9

<PAGE>

                                  Exhibit Index

                               Exhibit Description


31.1           Certification of the Chief Executive Officer,  dated May 15, 2007
               (This  certification  required as Exhibit 31 under Item 601(a) of
               Regulation  S-K is filed as Exhibit 99.1  pursuant to SEC interim
               filing guidance.) (2)

31.2           Certification of the Chief Financial Officer, dated Mayt 15, 2007
               (This  certification  required as Exhibit 31 under Item 601(a) of
               Regulation  S-K is filed as Exhibit 99.2  pursuant to SEC interim
               filing guidance.) (2)

32             Written  Statements  of the  Chief  Executive  Officer  and Chief
               Financial  Officer,   dated  May  15,  2007  (This  certification
               required  as Exhibit 32 under Item  601(a) of  Regulation  S-K is
               furnished in accordance with Item  601(b)(32)(iii)  of Regulation
               S-K as Exhibit 99.3 pursuant to SEC interim filing guidance.) (2)