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, 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 February 21, 2006, 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, 2005 (UNAUDITED) AND MARCH 31, 2005                          4

CONDENSED STATEMENTS OF OPERATIONS THREE MONTHS
     AND NINE MONTHS ENDED DECEMBER 31, 2005 AND 2004
     AND PERIOD FROM AUGUST 18, 1995 (DATE OF INCEPTION)
     THROUGH DECEMBER 31, 2005 (UNAUDITED)                                     5

CONDENSED STATEMENTS OF CASH FLOWS NINE MONTHS
     ENDED DECEMBER 31, 2005 AND 2004 AND PERIOD FROM
     AUGUST 18, 1995 (DATE OF INCEPTION) THROUGH
     DECEMBER 31, 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
                DECEMBER 31, 2005 (Unaudited) AND MARCH 31, 2005


                                                               December 31,      March 31,
                                     ASSETS                        2005            2005
                                     ------                    ------------    ------------
                                                               (Unaudited)
<S>                                                            <C>             <C>
Current assets - cash                                          $        371    $      6,144

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

           Total assets                                        $        371    $      6,144
                                                               ============    ============


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

Current liabilities:
     Accounts payable                                          $     38,137    $     40,567
     Borrowings under line of credit                                 32,005          32,328
     Related party payables                                       1,018,236         911,728
                                                               ------------    ------------
           Total liabilities                                      1,088,378         984,623
                                                               ------------    ------------

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            (1,258,998)     (1,149,470)
                                                               ------------    ------------
           Total stockholders' deficiency                        (1,088,007)       (978,479)
                                                               ------------    ------------

           Total liabilities and stockholders' deficiency      $        371    $      6,144
                                                               ============    ============
</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, 2005 AND 2004
               AND PERIOD FROM AUGUST 18, 1995 (DATE OF INCEPTION)
                            THROUGH DECEMBER 31, 2005
                                   (Unaudited)


                                        Three Months Ended            Nine Months Ended
                                           December 31,                  December 31,           Cumulative
                                    --------------------------    --------------------------       from
                                        2005           2004           2005           2004        Inception
                                    -----------    -----------    -----------    -----------    -----------
<S>                                 <C>            <C>            <C>            <C>            <C>
Operating expenses:
    General and administrative      $     6,722    $     4,653    $    34,854    $    25,603    $   792,518
    Depreciation and amortization                                                                     7,698
                                    -----------    -----------    -----------    -----------    -----------
       Totals                             6,722          4,653         34,854         25,603        800,216
                                    -----------    -----------    -----------    -----------    -----------

Loss from operations                     (6,722)        (4,653)       (34,854)       (25,603)      (800,216)
                                    -----------    -----------    -----------    -----------    -----------

Other (income) expense:
    Interest income                                                                                 (50,836)
    Interest expense                     25,181         21,795         74,674         63,113        509,618
                                    -----------    -----------    -----------    -----------    -----------
       Totals                            25,181         21,795         74,674         63,113        458,782
                                    -----------    -----------    -----------    -----------    -----------

Net loss                            $   (31,903)   $   (26,448)   $  (109,528)   $   (88,716)   $(1,258,998)
                                    ===========    ===========    ===========    ===========    ===========

Net loss per common share - basic   $      (.01)   $      (.01)   $      (.05)   $      (.04)
                                    ===========    ===========    ===========    ===========

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, 2005 AND 2004 AND
                 PERIOD FROM AUGUST 18, 1995 (DATE OF INCEPTION)
                            THROUGH DECEMBER 31, 2005
                                   (Unaudited)

                                                                                          Cumulative
                                                                                             from
                                                                2005           2004        Inception
                                                            -----------    -----------    -----------
<S>                                                         <C>            <C>            <C>
Operating activities:
     Net loss                                               $  (109,528)   $   (88,716)   $(1,258,998)
     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                                      (2,431)         1,935         38,136
           Interest receivable from related parties                                           (50,836)
           Interest payable to related parties                   69,687         60,927        492,251
                                                            -----------    -----------    -----------
                Net cash used in operating activities           (42,272)       (25,854)      (524,377)
                                                            -----------    -----------    -----------

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            36,822         27,338        525,986
     Net proceeds from (payment on) line of credit                 (323)          (369)        32,005
     Proceeds from issuance of common stock                                                   149,800
                                                            -----------    -----------    -----------

                Net cash provided by financing activities        36,499         26,969        707,791
                                                            -----------    -----------    -----------

Net (decrease) increase in cash                                  (5,773)         1,115            371

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

Cash, end of period                                         $       371    $     1,403    $       371
                                                            ===========    ===========    ===========
</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, 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 and nine  months  ended
                     December 31, 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 December  31, 2005,  the Company has an
              accumulated deficit of $1,258,998, and a stockholders' and working
              capital  deficiency of $1,088,007.  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, 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 and nine month  periods  ended  December 31, 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 December 31, 2005 totaled $1,018,236,
              which includes  notes payable of $525,986 and accrued  interest of
              $492,250.  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 period
ended December 31, 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  total  assets  of $371 and  liabilities  of
$1,088,378.

         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 December  31,  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.





                                       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                 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.

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.




                                       11
<PAGE>

         ***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.


                                   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 21, 2006
                                        Radale Imports, Inc.



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



















                                       12