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

                                   FORM 10-QSB

                 Quarterly Report under Section 13 or 15 (d) of
                         Securities Exchange Act of 1934

                       For the Period ended July 31, 2007

                        Commission File Number 333-124304


                             MILK BOTTLE CARDS INC.
                 (Name of small business issuer in its charter)


        Nevada                         2771                      20-1904354
(State of incorporation)      (Primary SIC Number)      (IRS Employer ID Number)


                              127 East 18th Avenue
                          Vancouver, BC, Canada V5V 1E4
                             Telephone (604)733-6194
                                Fax (604)733-6195
          (Address and telephone number of principal executive offices)

Check whether the registrant (1) has filed all reports required to be filed by
Section 13 or 15 (d) of the Securities Exchange Act of 1934 during the preceding
12 months (or for such shorter period that the registrant was required to file
such reports), and (2) has been subject to such filing requirements for the past
90 days. Yes [X] No [ ]

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

There were 3,000,000 shares of Common Stock outstanding as of July 31, 2007.
<PAGE>
                             MILK BOTTLE CARDS INC.
                        (A Development Stage Enterprise)

                                 BALANCE SHEETS

<TABLE>
<CAPTION>
                                                                      July 31, 2007     January 31, 2007
                                                                      -------------     ----------------
                                                                       (Unaudited)
<S>                                                                      <C>                <C>
                                     ASSETS

CURRENT ASSETS
   Cash                                                                  $  1,526           $  7,256
   Prepaid expenses                                                           100                237
                                                                         --------           --------

                                                                         $  1,626           $  7,493
                                                                         ========           ========

                 LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)

CURRENT LIABILITIES
   Accounts payable and accrued liabilities                              $    565           $  2,685
   Due to related party (Note 2)                                            4,620                 --
                                                                         --------           --------
                                                                            5,185              2,685
                                                                         --------           --------
STOCKHOLDERS' EQUITY (DEFICIT)
   Capital stock
     100,000,000 authorized common stock, $0.001 par value,
     3,000,000 common shares issued and outstanding
      (January 31, 2007 - 3,000,000)                                        3,000              3,000
   Additional paid in capital                                              32,000             32,000
   Deficit accumulated during the development stage                       (38,559)           (30,192)
                                                                         --------           --------
                                                                           (3,559)             4,808
                                                                         --------           --------
                                                                         $  1,626           $  7,493
                                                                         ========           ========
</TABLE>


    The accompanying notes are an integral part of these financial statements

                                       2
<PAGE>
                             MILK BOTTLE CARDS INC.
                        (A Development Stage Enterprise)

                            STATEMENTS OF OPERATIONS
                                   (Unaudited)

<TABLE>
<CAPTION>
                                                                                                          Cumulative from
                                        Six months       Six months     Three months     Three months    November 19, 2004
                                          ended            ended            ended            ended        (inception) to
                                      July 31, 2007    July 31, 2006    July 31, 2007    July 31, 2006     July 31, 2007
                                      -------------    -------------    -------------    -------------     -------------
<S>                                    <C>              <C>              <C>              <C>               <C>
REVENUE                                $        --      $        --      $        --      $        --       $       476

COST OF GOOD SOLD                               --               --               --               --               210
                                       -----------      -----------      -----------      -----------       -----------
GROSS PROFIT                                    --               --               --               --               266
                                       -----------      -----------      -----------      -----------       -----------
GENERAL AND ADMINISTRATIVE EXPENSES
  Office and general                           702              481              216              292            16,371
  Professional fees                          6,360            5,085            2,120            1,635            16,377
  Regulatory and filing fees                 1,305            1,052              545              465             6,077
                                       -----------      -----------      -----------      -----------       -----------
                                             8,367            6,618            2,881            2,392            38,825
                                       -----------      -----------      -----------      -----------       -----------
NET LOSS                               $    (8,367)     $    (6,618)     $    (2,881)     $    (2,392)      $   (38,559)
                                       ===========      ===========      ===========      ===========       ===========

BASIC AND DILUTED NET LOSS PER
 COMMON SHARE                          $     (0.01)     $     (0.01)     $     (0.01)     $     (0.01)
                                       ===========      ===========      ===========      ===========

WEIGHTED AVERAGE NUMBER OF COMMON
 SHARES OUTSTANDING                      3,000,000        3,000,000        3,000,000        3,000,000
                                       ===========      ===========      ===========      ===========
</TABLE>


    The accompanying notes are an integral part of these financial statements

                                       3
<PAGE>
                             MILK BOTTLE CARDS INC.
                        (A Development Stage Enterprise)

                            STATEMENTS OF CASH FLOWS
                                   (Unaudited)

<TABLE>
<CAPTION>
                                                                                             Cumulative from
                                                                                            November 19, 2004
                                                  Six months ended     Six months ended       (inception) to
                                                    July 31, 2007        July 31, 2006        July 31, 2007
                                                    -------------        -------------        -------------
<S>                                                   <C>                  <C>                  <C>
CASH FLOWS FROM OPERATING ACTIVITIES
  Net loss                                            $ (8,367)            $ (6,618)            $(38,559)
  Adjustments to reconcile net loss to net
   cash used in operating activities:
    Prepaid expenses                                       137                   --                 (100)
    Accounts payable and accrued liabilities            (2,120)                  43                  565
                                                      --------             --------             --------
NET CASH USED IN OPERATING ACTIVITIES                  (10,350)              (6,575)             (38,094)
                                                      --------             --------             --------

CASH FLOWS FROM FINANCING ACTIVITIES
  Proceeds on sale of common stock                          --                   --               35,000
  Advances from related party                            4,620                   --                4,620
                                                      --------             --------             --------
NET CASH PROVICED BY FINANCING ACTIVITIES                4,620                   --               39,620
                                                      --------             --------             --------
INCREASE (DECREASE) IN CASH                             (5,730)              (6,575)               1,526

CASH, BEGINNING                                          7,256               19,230                   --
                                                      --------             --------             --------
CASH, ENDING                                          $  1,526             $ 12,655             $  1,526
                                                      ========             ========             ========

Supplemental disclosures:

Cash paid for:
  Interest                                            $     --             $     --             $     --
                                                      ========             ========             ========
  Taxes                                               $     --             $     --             $     --
                                                      ========             ========             ========
</TABLE>


    The accompanying notes are an integral part of these financial statements

                                       4
<PAGE>
NOTE 1 - BASIS OF PRESENTATION

UNAUDITED INTERIM FINANCIAL STATEMENTS

The accompanying  unaudited interim  financial  statements have been prepared in
accordance  with  generally   accepted   accounting   principles  for  financial
information and with the instructions to Form 10-QSB of Regulation S-B. They may
not  include all  information  and  footnotes  required  by  generally  accepted
accounting  principles for complete  financial  statements.  However,  except as
disclosed  herein,  there  have  been no  material  changes  in the  information
disclosed in the notes to the financial  statements for the period ended January
31,  2007.  The  unaudited  interim  financial  statements  should  be  read  in
conjunction with those financial statements for the year ended January 31, 2007.
In the opinion of Management,  all adjustments  considered  necessary for a fair
presentation, consisting solely of normal recurring adjustments, have been made.
Operating  results for the six months  ended July 31,  2007 are not  necessarily
indicative  of the results that may be expected for the year ending  January 31,
2008.

NOTE 2 - RELATED PARTY TRANSACTIONS

Except  as  noted  below,  the  Company  has had no  significant  related  party
transactions with any related individuals or entities.

The Company  currently uses office space provided by the director of the Company
on a rent-free  basis not subject to any formal rental or lease  agreement.  The
Company has  determined  that the fair value of the office space provided is not
significant  and  accordingly no related rent expense has been recorded in these
financial statements.

The  President  currently  donates  card design and  production  services to the
Company. The Company has determined that the fair value of these services is not
significant  and  accordingly  no related  expense  has been  recorded  in these
financial statements.

During the period the director of the Company advanced $2,500 to the Company and
paid a further  $2,120 of expenses on behalf of the  Company.  As July 31, 2007,
$4,620 is owing to this  director and is  non-interest  bearing,  unsecured  and
without specifications of repayment.

                                       5
<PAGE>
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION

RESULTS OF OPERATIONS

We have generated $476 in revenue since inception and have incurred $38,559 in
expenses through July 31, 2007.

The following table provides selected financial data about our company at the
periods ended July 31, 2007 and 2006.

     Balance Sheet Data:                 7/31/07            7/31/06
     -------------------                 -------            -------
     Cash                                $ 1,526            $12,655
     Total assets                        $ 1,626            $12,655
     Total liabilities                   $ 5,185            $ 2,814
     Shareholders' equity                $(3,559)           $ 9,841

For the three months ended July 31, 2007 we generated no revenues and incurred
operating expenses of $2,881. These expenses consisted of general operating
expenses incurred in connection with the day to day operation of our business
and the preparation and filing of our periodic reports.

We had no revenues for the three months ended July 31, 2007 and 2006,
respectively. Our net loss for the three months ended July 31, 2007 and 2006 was
$2,881 and $2,392, respectively. There was no cash provided by financing
activities for the period ended July 31, 2007. During the period the President
of the Company provided an unsecured, interest free loan of $2,500 to the
Company and paid a further $2,120 in expenses on behalf of the Company. As of
July 31, 2007, $4,620 is due the President, the loan is non-interest bearing,
unsecured and has no specific terms of repayment.

In their report on our audited financial statements as of the year ended January
31, 2007, our auditors expressed their doubt about our ability to continue as a
going concern based on our current financial position.

PLAN OF OPERATION

GOING CONCERN

We were issued an opinion by our auditors that raised substantial doubt about
our ability to continue as a going concern based on our current financial
position.

As at July 31, 2007 we had $1,526 cash in the bank. We have not yet generated
revenues sufficient to sustain business operations in this period and we may
have to raise additional monies through sales of our equity securities or
through loans from banks or third parties to continue our business plans. No
assurances can be given that we will be able to raise additional financing to
satisfy our financial requirements.

As resources remain available, we will continue to market our greeting card
collections. The Company's financial resources have been fully depleted and as a
result, the President of the Company has provided an unsecured, interest free
loan of $2,500 to the Company and paid a further $2,120 in expenses on behalf of

                                       6
<PAGE>
the Company in order to maintain limited operations and permit the Company to
remain current in their corporate filings and obligations. We may decide that we
can not continue with our business operations as detailed in our original
business plan because of this lack of financial resources. We may look for other
potential business opportunities that might be available to the Company. There
can be no certainties that there will be any other business opportunities
available; nor the nature of the business opportunity; nor any indication of the
financial resources required of any possible business opportunity.

LIMITED OPERATING HISTORY; NEED FOR ADDITIONAL CAPITAL

Milk Bottle Cards Inc is a development stage company and has not generated
significant revenues from operations. We cannot guarantee it will be successful
in our business operations. Our business is subject to risks inherent in the
establishment of a new business enterprise, including limited capital resources,
possible delays in the development of its services, and possible cost overruns
due to price and cost increases in services. We will require further equity
financing to provide for some of the capital required to implement future
development of our operations.

We have no assurance that future financing will be available to us on acceptable
terms. If financing is not available on satisfactory terms, we may be unable to
continue, develop or expand our operations. However, if equity financing is
available to us on acceptable terms, it could result in additional dilution to
existing shareholders.

BUSINESS PLAN OF OPERATIONS OVERVIEW

We have a total of 100,000,000 authorized common shares with a par value of
$0.001 per share and 3,000,000 common shares issued and outstanding as of July
31, 2007.

We have completed a form SB-2 Registration Statement under the Securities Act of
1933 with the U.S. Securities and Exchange Commission registering 1,000,000
shares of our common stock in connection with an offering of the 1,000,000
shares at a price of $0.025 per share. As of September 20, 2005, we completed
the offering and raised a total of $25,000 on the issuance of the 1,000,000
shares.

On January 5, 2006 our common stock shares were approved for trading on the
Over-the-Counter Bulletin Board under the symbol MBTL. There has been no active
trading market to date, thus no high or low bids to report.

In furtherance of our business and in consideration of our limited capital
resources, we have the following plans:

     *    Our website at www.milkbottlecards.com currently displays several
          different cards for sale; including hand painted cards, holiday,
          birthday and thank you cards. We will continue to offer these cards
          for sale.

     *    We will attempt selling the hand painted cards and collaged cards at
          an increased price as `original pieces of art', and then scanning them
          and selling the prints of these `originals' in limited edition series
          as they do with art prints.

                                       7
<PAGE>
OFF-BALANCE SHEET ARRANGEMENTS

We have no off-balance sheet arrangements.

CRITICAL ACCOUNTING POLICIES

The unaudited financial statements as of July 31, 2007 included herein have been
prepared without audit pursuant to the rules and regulations of the U.S.
Securities and Exchange Commission. Certain information and footnote disclosures
normally included in financial statements prepared in accordance with general
accepted accounting procedures have been condensed or omitted pursuant to such
rules and regulations. In the opinion of management, all adjustments (consisting
of normal recurring accruals) considered necessary for a fair presentation have
been included. It is suggested that these financial statements be read in
conjunction with our January 31, 2007 audited financial statements and notes
thereto, which can be found in our Form 10-KSB Annual Report on the SEC website
at www.sec.gov under our SEC File Number 333-124304.

BASIS OF PRESENTATION

These financial statements are presented in United States dollars and have been
prepared in accordance with United States generally accepted accounting
principles.

DEVELOPMENT STAGE ENTERPRISE

The Company is a development stage enterprise, as defined in Financial
Accounting Standards Board Statement ("SFAS") No. 7 "Accounting and Reporting by
Development Stage Enterprises". The Company is devoting all of its present
efforts to securing and establishing a new business. Its planned principal
operations have commenced; however, the Company has yet to derive a significant
amount of revenue from operations.

USE OF 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 on
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.

CASH AND CASH EQUIVALENTS

The Company considers all liquid investments, with an original maturity of three
months or less when purchased, to be cash equivalents.

REVENUE RECOGNITION

The Company recognizes revenue when products have been shipped, the amounts are
fixed or determinable and collection is reasonably assured. The Company
recognizes revenue from sales of consignment goods when cash is received from
the consignor.

                                       8
<PAGE>
FINANCIAL INSTRUMENTS

In accordance with the requirements of SFAS No. 107, "Disclosures about Fair
Value of Financial Instruments," the Company has determined the estimated fair
value of financial instruments using available market information and
appropriate valuation methodologies. The carrying values of cash and accounts
payable and accrued liabilities approximate fair values due to the short-term
maturity of the instruments.

INCOME TAXES

The Company has adopted SFAS No. 109 "Accounting for Income Taxes" as of its
inception. Pursuant to SFAS No. 109, the Company is required to compute tax
asset benefits for net operating losses carried forward. Potential benefit of
net operating losses have not been recognized in these financial statements
because the Company cannot be assured it is more likely than not it will utilize
the net operating losses carried forward in future years.

LOSS PER COMMON SHARE

The Company computes net loss per share in accordance with SFAS No. 128,
"Earnings per Share". SFAS No. 128 requires presentation of both basic and
diluted earnings per share (EPS) on the face of the statement of operations.
Basic EPS is computed by dividing net income (loss) available to common
shareholders (numerator) by the weighted average number of shares outstanding
(denominator) during the period. Diluted EPS gives effect to all potentially
dilutive common shares outstanding during the period using the treasury stock
method and convertible preferred stock using the "if converted" method. In
computing diluted EPS, the average stock price for the period is used in
determining the number of shares assumed to be purchased from the exercise of
stock options or warrants. Diluted EPS excludes all potentially dilutive shares
if their effect is anti dilutive. The Company has not issued any potentially
dilutive instruments since inception and accordingly only basic loss per share
is presented.

FOREIGN CURRENCY TRANSLATION

The Company's functional currency and reporting currency is the U.S. dollar. In
accordance with SFAS No. 52, "Foreign Currency Translation", foreign denominated
monetary assets and liabilities are translated to their U.S. dollar equivalents
using foreign exchange rates which prevailed at the balance sheet date. Revenue
and expenses are translated at average rates of exchange during the year.
Related translation adjustments are reported as a separate component of
stockholders' equity, whereas gains or losses resulting from foreign currency
transactions are included in results of operations. To date the Company has not
reported any translation adjustments or transaction gains or losses.

STOCK-BASED COMPENSATION

The Company has not granted any stock options since inception and has not
recorded any stock-based compensation.

COMPREHENSIVE INCOME

SFAS No. 130, "Reporting Comprehensive Income," establishes standards for
reporting and presentation of comprehensive income, its components and
accumulated balances. Comprehensive income is defined to include all changes in

                                       9
<PAGE>
equity except those resulting from investments by owners and distributions to
owners. Among other disclosures, SFAS No.130 requires that all items that are
required to be recognized under current accounting standards as components of
comprehensive income be reported in a financial statement that is presented with
the same prominence as other financial statements. The Company does not have any
assets requiring disclosure of comprehensive income.

RECENT ACCOUNTING PRONOUNCEMENTS

In February 2007, the FASB issued SFAS No. 159, "The Fair Value Option for
Financial Assets and Financial Liabilities". This Statement permits entities to
choose to measure many financial assets and financial liabilities at fair value.
Unrealized gains and losses on items for which the fair value option has been
elected are reported in earnings. SFAS No. 159 is effective for fiscal years
beginning after November 15, 2007. The Company is currently assessing the impact
of SFAS No. 159 on its financial position and results of operations.

ITEM 3. CONTROLS AND PROCEDURES

EVALUATION OF DISCLOSURE CONTROLS AND PROCEDURES

Under the supervision and with the participation of our management, including
our principal executive officer and the principal financial officer, we have
conducted an evaluation of the effectiveness of the design and operation of our
disclosure controls and procedures, as defined in Rules 13a-15(e) and 15d-15(e)
under the Securities and Exchange Act of 1934, as of the end of the period
covered by this report. Based on this evaluation, our principal executive
officer and principal financial officer concluded as of the evaluation date that
our disclosure controls and procedures were effective such that the material
information required to be included in our Securities and Exchange Commission
reports is recorded, processed, summarized and reported within the time periods
specified in SEC rules and forms relating to our company, particularly during
the period when this report was being prepared.

Additionally, there were no significant changes in our internal controls or in
other factors that could significantly affect these controls subsequent to the
evaluation date. We have not identified any significant deficiencies or material
weaknesses in our internal controls, and therefore there were no corrective
actions taken.

                                       10
<PAGE>
                           PART II - OTHER INFORMATION

ITEM 6. EXHIBITS AND REPORTS

The following exhibits are included with this quarterly filing. Those marked
with an asterisk and required to be filed hereunder, are incorporated by
reference and can be found in their entirety in our original Form SB-2
Registration Statement, filed under SEC File Number 333-124304, at the SEC
website at www.sec.gov:

     Exhibit No.                Description
     -----------                -----------

        3.1          Articles of Incorporation*
        3.2          Bylaws*
        31           Sec. 302 Certification of Principal Executive Officer
                     and Principal Financial Officer
        32           Sec. 906 Certification of Principal Executive Officer
                     and Principal Financial Officer

                                   SIGNATURES

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

August 29, 2007          Milk Bottle Cards Inc., Registrant


                         By: /s/ Nicole Milkovich
                            ----------------------------------------------------
                            Nicole Milkovich, Chief Executive Officer & Director

In accordance with the Exchange Act, this report has been signed below by the
following person on behalf of the registrant and in the capacities and on the
date indicated.

August 29, 2007          Milk Bottle Cards Inc., Registrant


                         By: /s/ Nicole Milkovich
                            ----------------------------------------------------
                            Nicole Milkovich, President, Secretary,
                            Treasurer, Chief Executive Officer,
                            Chief Financial Officer, Principal Accounting
                            Officer, Director

                                       11