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 December 31, 2006

                                       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)


    Nevada                           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 February 5, 2007, there were 2,138,150  shares of the Registrant's  Common
Stock, par value $0.001 per share, outstanding.

Indicate by check mark whether the  registrant is a shell company (as defined in
Rule 12b-2 of the Exchange Act. Yes [X] No [ ]

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             9

Item 3.  Controls and Procedures                                              10

PART II - OTHER INFORMATION                                                   10

Item 1.  Legal Proceedings                                                    10

Item 6.  Exhibits and Reports on Form 8-K                                     11

SIGNATURES                                                                    12















                                       2
<PAGE>

                         PART I - FINANCIAL INFORMATION

Item 1.   Financial Statements

                                                                            PAGE
                                                                            ----

CONDENSED BALANCE SHEETS
     DECEMBER 31, 2006 (UNAUDITED) AND MARCH 31, 2006                          4

CONDENSED STATEMENTS OF OPERATIONS THREE MONTHS
     AND NINE MONTHS ENDED DECEMBER 31, 2006 AND 2005
     AND PERIOD FROM AUGUST 18, 1995 (DATE OF INCEPTION)
     THROUGH DECEMBER 31, 2006 (UNAUDITED)                                     5

CONDENSED STATEMENTS OF CASH FLOWS NINE MONTHS
     ENDED DECEMBER 31, 2006 AND 2005 AND PERIOD FROM
     AUGUST 18, 1995 (DATE OF INCEPTION) THROUGH
     DECEMBER 31, 2006 (UNAUDITED)                                             6

NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS                            7-8















                                       3
<PAGE>
<TABLE>
<CAPTION>

                              RADALE IMPORTS, INC.
                          (A Development Stage Company)

                            CONDENSED BALANCE SHEETS
                DECEMBER 31, 2006 (Unaudited) AND MARCH 31, 2006


                                                              December 31,      March 31,
                                    ASSETS                    2006                2006
                                    ------                    ------------    ------------
<S>                                                           <C>             <C>
                                                              (Unaudited)

Current assets - cash                                         $        180    $         28

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

           Total assets                                       $        180    $         28
                                                              ============    ============


                    LIABILITIES AND STOCKHOLDERS' DEFICIENCY
                    ----------------------------------------

Current liabilities:
     Accounts payable                                         $     49,301    $     41,204
     Borrowings under line of credit                                31,720          31,556
     Related party payables                                      1,160,995       1,049,806
                                                              ------------    ------------
           Total liabilities                                     1,242,016       1,122,566
                                                              ------------    ------------

Commitment

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           (1,412,827)     (1,293,529)
                                                              ------------    ------------
           Total stockholders' deficiency                       (1,241,836)     (1,122,538)
                                                              ------------    ------------

           Total liabilities and stockholders' deficiency     $        180    $         28
                                                              ============    ============
</TABLE>




             See Notes to Unaudited Condensed Financial Statements.


                                       4
<PAGE>
<TABLE>
<CAPTION>

                              RADALE IMPORTS, INC.
                          (A Development Stage Company)

                       CONDENSED STATEMENTS OF OPERATIONS
             THREE AND NINE MONTHS ENDED DECEMBER 31, 2006 AND 2005
               AND PERIOD FROM AUGUST 18, 1995 (DATE OF INCEPTION)
                            THROUGH DECEMBER 31, 2006
                                   (Unaudited)


                                        Three Months Ended             Nine Months Ended
                                            December 31,                  December 31,          Cumulative
                                    --------------------------    --------------------------       from
                                        2006           2005           2006           2005       Inception
                                    -----------    -----------    -----------    -----------    -----------
<S>                                 <C>            <C>            <C>            <C>            <C>
Operating expenses:
    General and administrative      $     6,204    $     6,722    $    35,277    $    34,854    $   837,119
    Depreciation and amortization                                                                     7,698
                                    -----------    -----------    -----------    -----------    -----------
       Totals                             6,204          6,722         35,277         34,854        844,817
                                    -----------    -----------    -----------    -----------    -----------

Loss from operations                     (6,204)        (6,722)       (35,277)       (34,854)      (844,817)
                                    -----------    -----------    -----------    -----------    -----------

Other (income) expense:
    Interest income                                                                                 (50,836)
    Interest expense                     28,818         25,181         84,021         74,674        618,846
                                    -----------    -----------    -----------    -----------    -----------
       Totals                            28,818         25,181         84,020         74,674        568,010
                                    -----------    -----------    -----------    -----------    -----------

Net loss                            $   (35,022)   $   (31,903)   $  (119,298)   $  (109,528)   $(1,412,827)
                                    ===========    ===========    ===========    ===========    ===========

Net loss per common share - basic   $      (.02)   $      (.01)   $      (.06)   $      (.05)
                                    ===========    ===========    ===========    ===========

Basic weighted average number of
    common shares                     2,138,150      2,138,150      2,138,150      2,138,150
                                    ===========    ===========    ===========    ===========
</TABLE>




             See Notes to Unaudited Condensed Financial Statements.


                                       5
<PAGE>
<TABLE>
<CAPTION>

                              RADALE IMPORTS, INC.
                          (A Development Stage Company)

                       CONDENSED STATEMENTS OF CASH FLOWS
                NINE MONTHS ENDED DECEMBER 31, 2006 AND 2005 AND
                 PERIOD FROM AUGUST 18, 1995 (DATE OF INCEPTION)
                            THROUGH DECEMBER 31, 2006
                                   (Unaudited)

                                                                                           Cumulative
                                                                                             from
                                                                2006           2005        Inception
                                                            -----------    -----------    -----------
<S>                                                         <C>            <C>            <C>
Operating activities:
     Net loss                                               $  (119,298)   $  (109,528)   $(1,412,827)
     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                                       8,097         (2,431)        49,301
           Interest receivable from related parties                                           (50,836)
           Interest payable to related parties                   80,589         69,687        597,410
                                                            -----------    -----------    -----------
                Net cash used in operating activities           (30,612)       (42,272)      (561,882)
                                                            -----------    -----------    -----------

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            30,600         36,822        563,586
     Net proceeds from (payment on) line of credit                  164           (323)        31,719
     Proceeds from issuance of common stock                                                   149,800
                                                            -----------    -----------    -----------

                Net cash provided by financing activities        30,764         36,499        745,105
                                                            -----------    -----------    -----------

Net (decrease) increase in cash                                     152         (5,773)           180

Cash, beginning of period                                            28          6,144           --
                                                            -----------    -----------    -----------

Cash, end of period                                         $       180    $       371    $       180
                                                            ===========    ===========    ===========
</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 and
           nine months ended December 31, 2006 are not necessarily indicative of
           the results  that may be expected for the year ending March 31, 2007.
           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, 2006 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 and
             nine months ended December 31, 2006 and 2005.


                                       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 December 31, 2006, the Company has an accumulated
           deficit  of  $1,412,827,  and a  stockholders'  and  working  capital
           deficiency of $1,241,836.  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 December 31, 2006 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 and nine month periods ended
           December 31, 2006 and 2005. 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 December 31, 2006 totaled  $1,160,995,
           which  includes  notes  payable of $563,586  and accrued  interest of
           $597,409.  The notes bear  interest with rates ranging from 5% 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 period ended
December 31, 2006 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 have incorporated in Nevada in order to facilitate
such acquisitions.

     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 total assets of $180 and liabilities of $1,242,016.

     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
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.


                                       9
<PAGE>

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 carried out
an evaluation, under the supervision and with the participation of the Company's
management,  including the Company's Chief Executive Officer and Chief Financial
Officer,  of the  effectiveness  of the design and  operation  of the  Company's
disclosure  controls and  procedures as of the end of the period covered by this
report.  Based  upon that  evaluation,  the Chief  Executive  Officer  and Chief
Financial  Officer  concluded  that  the  Company's   disclosure   controls  and
procedures  provide  reasonable  assurances  that the information the Company is
required to disclose  in the  reports it files or submits  under the  Securities
Exchange Act of 1934 is recorded, processed,  summarized and reported within the
time  period  required  by the  Commission's  rules  and  forms.  There  were no
significant  changes in the Company's internal control over financial  reporting
during the period covered by this report that have materially  affected,  or are
reasonably  likely to materially  affect our internal  controls  over  financial
reporting.

                           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.


                                       10
<PAGE>

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        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+

 3.4      Articles of Merger  (Pursuant  to NRS  92A.200)  which  merges  Radale
          Imports, Inc., a California corporation, with and into Radale Imports,
          Inc.,  a Nevada  corporation  with the  Nevada  corporation  being the
          surviving entity++

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.

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.


                                       11
<PAGE>

     *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.

     ++Previously  filed with Form 8-K Current Report August 4, 2006  Commission
     file number 000-49708; incorporated herein.


                                   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:  February 6, 2007
                                        Radale Imports, Inc.


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









                                       12