| [X] | Quarterly Report under Section 13 or 15(d) of the Securities Exchange Act of 1934 |
|-----|-----------------------------------------------------------------------------------|

| [  ] | Transition Report under Section 13 or 15(d) of the Exchange Act for the Transition Period from ________ to ___________ |
|----------------|------------------------------------------------------------------------------------------------------------------------|

| Delaware(State or other jurisdiction of incorporation or organization) | 56-2495218(I.R.S. Employer Identification No.) |
|------------------------------------------------------------------------|------------------------------------------------|

| Large accelerated filer [_]  | Accelerated filer [_]         |
|-----------------------------------|-------------------------------|
| Non-accelerated filer [_]         | Smaller reporting company [X] |

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| PART 1     | FINANCIAL INFORMATION                                                                                                                                  | Page   |
|------------|--------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
|       |                                                                                                                                                   |   |
| Item 1.    | Financial Statements (Unaudited)                                                                                                                       |   |
|       | Condensed Balance Sheets                                                                                                                               |   |
|       |                 November 30, 2010 and February 28, 2010                     | 4      |
|       | Condensed Statements of Operations                                                                                                                     |   |
|       | For the Three and Nine Month Periods Ended November 30, 2010 and 2009                                                                                  | 5      |
|       | Condensed Statements of Shareholders’ Equity (Deficit)                                                                                           |   |
|       |    For the Nine Months Ended November 30, 2010                                                                                               | 6      |
|       | Condensed Statements of Cash Flows                                                                                                                     |   |
|       |                   For the Nine Months Ended November 30, 2010 and 2009 | 7      |
|       | Notes to Condensed Financial Statements                                                                                                                | 8      |
|       |                                                                                                                                                   |   |
| Item 2.    | Management's Discussion and Analysis or Plan of Operation                                                                                              | 12     |
|       |                                                                                                                                                   |   |
| Item 3.    | Quantitative and Qualitative Disclosures About Market Risk                                                                                             | 17     |
|       |                                                                                                                                                   |   |
| Item 4T.   | Controls and Procedures                                                                                                                                | 18     |
|       |                                                                                                                                                   |   |
| PART II    | OTHER INFORMATION                                                                                                                                      |   |
|       |                                                                                                                                                   |   |
| Item 1.    | Legal Proceedings                                                                                                                                      | 19     |
|       |                                                                                                                                                   |   |
| Item 2.    | Unregistered Sales of Equity Securities and Use of Proceeds                                                                                            | 19     |
|       |                                                                                                                                                   |   |
| Item 3.    | Defaults upon Senior Securities                                                                                                                        | 19     |
|       |                                                                                                                                                   |   |
| Item 4.    | Submission of Matters to a Vote of Security Holders                                                                                                    | 19     |
|       |                                                                                                                                                   |   |
| Item 5.    | Other Information                                                                                                                                      | 19     |
|       |                                                                                                                                                   |   |
| Item 6.    | Exhibits                                                                                                                                               | 19     |
|       |                                                                                                                                                   |   |
| Signatures |                                                                                                                                                   | 20     |

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|                                                |   | November 30, |     |   | February 28, |   |
|-----------------------------------------------------|--------|--------------|----------|--------|--------------|--------|
|                                                |   | 2010         |     |   | 2010         |   |
|                                                |   | (Unaudited)  |     |   |         |   |
| ASSETS                                              |   |         |     |   |         |   |
|                                                |   |         |     |   |         |   |
| Cash                                                |   | $            | 178      |   |         | $      | 1,344 |   |
| Accounts receivable                                 |   |         | 493      |   |         |   | 2,054 |   |
| Prepaid expenses                                    |   |         | 747      |   |         |   | 1,111 |   |
|                                                |   |         |     |   |         |   |   |   |
| TOTAL ASSETS                                        |   | $            | 1,418    |   |         | $      | 4,509 |   |
|                                                |   |         |     |   |         |   |   |   |
|                                                |   |         |     |   |         |   |   |   |
|                                                |   |         |     |   |         |   |   |   |
| LIABILITIES                                         |   |         |     |   |         |   |   |   |
|                                                |   |         |     |   |         |   |   |   |
| Accrued expenses                                    |   | $            | 4,164    |   |         | $      | 2,813 |   |
| Unearned revenue                                    |   |         | 15,000   |   |         |   | 15,000 |   |
| Accrued interest – related party              |   |         | 9,974    |   |         |   | 5,799 |   |
| Loan payable – related party                  |   |         | 69,857   |   |         |   | 73,357 |   |
|                                                |   |         |     |   |         |   |   |   |
| TOTAL LIABILITIES                                   |   |         | 98,995   |   |         |   | 96,969 |   |
|                                                |   |         |     |   |         |   |   |   |
| STOCKHOLDERS’ EQUITY (DEFICIT)                |   |         |     |   |         |   |   |   |
|                                                |   |         |     |   |         |   |   |   |
| Common stock, par value $0.0001 per share           |   |         |     |   |         |   |   |   |
| Authorized – 100,000,000 shares               |   |         |     |   |         |   |   |   |
| Issued and outstanding – 1,599,750 shares     |   |         | 160      |   |         |   | 160 |   |
| Additional paid-in capital                          |   |         | 327,940  |   |         |   | 296,740 |   |
| Retained deficit                                    |   |         | (425,677 | )      |         |   | (389,360 | ) |
|                                                |   |         |     |   |         |   |   |   |
| TOTAL STOCKHOLDERS’ (DEFICIT)                 |   |         | (97,577  | )      |         |   | (92,460 | ) |
|                                                |   |         |     |   |         |   |   |   |
| TOTAL LIABILITIES AND STOCKHOLDERS’ (DEFICIT) |   | $            | 1,418    |   |         | $      | 4,509 |   |

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|                                |   | For the Three Months Ended November 30, 2010 |      |   | For the Three Months Ended November 30, 2009 |   |      | For the Nine Months Ended November 30, 2010 |   |   | For the Nine Months Ended November 30, 2009 |   |
|-------------------------------------|--------|----------------------------------------------|-----------|--------|----------------------------------------------|--------|-----------|---------------------------------------------|--------|--------|---------------------------------------------|--------|
|                                |   |                                         |      |   |                                         |   |      |                                        |   |   |                                        |   |
| REVENUE                             |   | $                                            | 862       |   |                                         | $      | 1,885     |                                        |   | $      | 16,282                                      |   |   | $ | 7,026 |   |
|                                |   |                                         |      |   |                                         |   |      |                                        |   |   |                                        |   |   |   |   |   |
| COST OF REVENUE                     |   |                                         | 130       |   |                                         |   | 1,526     |                                        |   |   | 2,082                                       |   |   |   | 2,245 |   |
|                                |   |                                         |      |   |                                         |   |      |                                        |   |   |                                        |   |   |   |   |   |
| GROSS PROFIT                        |   |                                         | 732       |   |                                         |   | 359       |                                        |   |   | 14,200                                      |   |   |   | 4,781 |   |
|                                |   |                                         |      |   |                                         |   |      |                                        |   |   |                                        |   |   |   |   |   |
| OPERATING EXPENSES                  |   |                                         |      |   |                                         |   |      |                                        |   |   |                                        |   |   |   |   |   |
|                                |   |                                         |      |   |                                         |   |      |                                        |   |   |                                        |   |   |   |   |   |
| Selling, general and administrative |   |                                         | 15,450    |   |                                         |   | 15,464    |                                        |   |   | 45,542                                      |   |   |   | 58,382 |   |
|                                |   |                                         |      |   |                                         |   |      |                                        |   |   |                                        |   |   |   |   |   |
| TOTAL OPERATING EXPENSES            |   |                                         | 15,450    |   |                                         |   | 15,464    |                                        |   |   | 45,542                                      |   |   |   | 58,382 |   |
|                                |   |                                         |      |   |                                         |   |      |                                        |   |   |                                        |   |   |   |   |   |
| (LOSS) FROM OPERATIONS              |   |                                         | (14,718   | )      |                                         |   | (15,105   | )                                           |   |   | (31,342                                     | )      |   |   | (53,601 | ) |
|                                |   |                                         |      |   |                                         |   |      |                                        |   |   |                                        |   |   |   |   |   |
| INTEREST EXPENSE                    |   |                                         | 1,360     |   |                                         |   | 631       |                                        |   |   | 4,175                                       |   |   |   | 3,289 |   |
|                                |   |                                         |      |   |                                         |   |      |                                        |   |   |                                        |   |   |   |   |   |
| (LOSS) BEFORE INCOME TAXES          |   |                                         | (16,078   | )      |                                         |   | (15,736   | )                                           |   |   | (35,517                                     | )      |   |   | (56,890 | ) |
|                                |   |                                         |      |   |                                         |   |      |                                        |   |   |                                        |   |   |   |   |   |
| Income tax expense                  |   |                                         | -         |   |                                         |   | -         |                                        |   |   | 800                                         |   |   |   | 800 |   |
|                                |   |                                         |      |   |                                         |   |      |                                        |   |   |                                        |   |   |   |   |   |
| NET (LOSS)                          |   | $                                            | (16,078   | )      |                                         | $      | (15,736   | )                                           |   | $      | (36,317                                     | )      |   | $ | (57,690 | ) |
|                                |   |                                         |      |   |                                         |   |      |                                        |   |   |                                        |   |   |   |   |   |
| NET (LOSS) PER COMMON SHARE         |   |                                         |      |   |                                         |   |      |                                        |   |   |                                        |   |   |   |   |   |
|                                |   |                                         |      |   |                                         |   |      |                                        |   |   |                                        |   |   |   |   |   |
| Basic and diluted                   |   | $                                            | (0.01     | )      |                                         | $      | (0.01     | )                                           |   | $      | (0.02                                       | )      |   | $ | (0.04 | ) |
|                                |   |                                         |      |   |                                         |   |      |                                        |   |   |                                        |   |   |   |   |   |
| WEIGHTED AVERAGE NUMBER OF COMMON   |   |                                         |      |   |                                         |   |      |                                        |   |   |                                        |   |   |   |   |   |
| SHARES OUTSTANDING                  |   |                                         |      |   |                                         |   |      |                                        |   |   |                                        |   |   |   |   |   |
|                                |   |                                         |      |   |                                         |   |      |                                        |   |   |                                        |   |   |   |   |   |
| Basic and diluted                   |   |                                         | 1,599,750 |   |                                         |   | 1,599,750 |                                        |   |   | 1,599,750                                   |   |   |   | 1,599,750 |   |

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|                                                   |   | Common Stock |      |   |   |   |   |                       |   |   |             |   |
|--------------------------------------------------------|--------|--------------|-----------|--------|--------|--------|--------|----------------------------|--------|--------|------------------|--------|
|                                                   |   | Shares       |      |   | Amount |   |   | Additional Paid-in Capital |   |   | Retained Deficit |   |   | Total Stockholders’ Equity (Deficit) |   |
| Balance, March 1, 2010                                 |   |         | 1,599,750 |   |   | $      | 160    |                       |   | $      | 296,740          |   |   | $ | (389,360 | ) |   | $ | (92,460 | ) |
|                                                   |   |         |      |   |   |   |   |                       |   |   |             |   |   |   |   |   |   |   |   |   |
| Contributed services                                   |   |         | -         |   |   |   | -      |                       |   |   | 31,200           |   |   |   | - |   |   |   | 31,200 |   |
|                                                   |   |         |      |   |   |   |   |                       |   |   |             |   |   |   |   |   |   |   |   |   |
| Net (loss) for the nine months ended November 30, 2010 |   |         | -         |   |   |   | -      |                       |   |   | -                |   |   |   | (36,317 | ) |   |   | (36,317 | ) |
|                                                   |   |         |      |   |   |   |   |                       |   |   |             |   |   |   |   |   |   |   |   |   |
| Balance, November 30, 2010                             |   |         | 1,599,750 |   |   | $      | 160    |                       |   | $      | 327,940          |   |   | $ | (425,677 | ) |   | $ | (97,577 | ) |

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|                                                                      |   | 2010   |    |   | 2009   |   |
|---------------------------------------------------------------------------|--------|--------|---------|--------|--------|--------|
|                                                                      |   |   |    |   |   |   |
| CASH FLOWS FROM OPERATING ACTIVITIES:                                     |   |   |    |   |   |   |
| Net (loss)                                                                |   | $      | (36,317 | )      |   | $      | (57,690 | ) |
| Adjustments to reconcile net (loss) to net cash                           |   |   |    |   |   |   |   |   |
|   (used) by operating activities:                               |   |   |    |   |   |   |   |   |
| Amortization expense                                                      |   |   | 360     |   |   |   | - |   |
| Contributed services                                                      |   |   | 31,200  |   |   |   | 31,200 |   |
| Changes in operating assets and liabilities:                              |   |   |    |   |   |   |   |   |
| Accounts receivable                                                       |   |   | 1,561   |   |   |   | - |   |
| Prepaid expenses                                                          |   |   | 4       |   |   |   | (211 | ) |
| Inventories                                                               |   |   | -       |   |   |   | (461 | ) |
| Accrued expenses                                                          |   |   | 5,526   |   |   |   | (40,819 | ) |
| Unearned revenue                                                          |   |   | -       |   |   |   | 15,000 |   |
|                                                                      |   |   |    |   |   |   |   |   |
|   NET CASH PROVIDED (USED) BY  OPERATING ACTIVITIES   |   |   | 2,334   |   |   |   | (52,981 | ) |
|                                                                      |   |   |    |   |   |   |   |   |
| CASH FLOWS FROM FINANCING ACTIVITIES:                                     |   |   |    |   |   |   |   |   |
| Proceeds from loan payable – related party                          |   |   | 4,500   |   |   |   | 61,500 |   |
| Repayment of loan payable – related party                           |   |   | (8,000  | )      |   |   | (10,000 | ) |
|                                                                      |   |   |    |   |   |   |   |   |
|   NET CASH PROVIDED BY FINANCING ACTIVITIES                     |   |   | (3,500  | )      |   |   | 51,500 |   |
|                                                                      |   |   |    |   |   |   |   |   |
| NET INCREASE (DECREASE) IN CASH                                           |   |   | (1,166  | )      |   |   | (1,481 | ) |
|                                                                      |   |   |    |   |   |   |   |   |
| CASH AT THE BEGINNING OF THE PERIOD                                       |   |   | 1,344   |   |   |   | 2,672 |   |
|                                                                      |   |   |    |   |   |   |   |   |
| CASH AT THE END OF THE PERIOD                                             |   | $      | 178     |   |   | $      | 1,191 |   |
|                                                                      |   |   |    |   |   |   |   |   |
|                                                                      |   |   |    |   |   |   |   |   |
| SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION                          |   |   |    |   |   |   |   |   |
|                                                                      |   |   |    |   |   |   |   |   |
|           Interest paid |   | $      | -       |   |   | $      | - |   |
|           Taxes paid    |   | $      | 800     |   |   | $      | 800 |   |

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| NOTE 2 | SIGNIFICANT UNCERTAINTY REGARDING THE COMPANY’S ABILITY TO CONTINUE AS A GOING CONCERN AND MANAGEMENT PLANS |
|--------|-------------------------------------------------------------------------------------------------------------------|

|   | The accompanying financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business.  The Company's current financial resources are not considered adequate to fund its planned operations.  This condition raises substantial doubt about its ability to continue as a going concern. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | The accompanying financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts or the amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|   | The Company's continuation as a going concern currently is dependent upon timely procuring significant external debt and/or equity financing to fund its immediate and near-term operations, and subsequently realizing operating cash flows from sales of its film products sufficient to sustain its longer-term operations and growth initiatives, including its desired marketing and new potential film screenplays. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|   | 31.1 | Certification of CEO Pursuant to Securities  Exchange Act Rules 13a-14 and 15d-14, as Adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. |
|--------|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 32.1 | Certification Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. |
|--------|------|-------------------------------------------------------------------------------------------------------------------------|

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|                    | FUTURA PICTURES, INC.(Registrant)                                                                                                                                                                                                                                                                                                                                                                                                                  |
|-------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| Dated: January 11, 2011 | /s/ Buddy Young                                                                Buddy Young, President and Chief Executive Officer |

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