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

                                    Form 10-Q

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

                For the quarterly period ended November 30, 2009


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

                       Commission File Number: 333-123611

                              FUTURA PICTURES, INC.
        (Exact name of small business issuer as specified in its charter)

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

                       17337 Ventura Boulevard, Suite 305
                            Encino, California 91316
                    Issuer's Telephone Number: (818) 784-0040
            (Address and phone number of principal executive offices)


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 12 months  (or 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 has submitted  electronically  and
posted on its corporate Web site, if any, every  Interactive  Data File required
to be submitted and posted pursuant to Rule 405 of Regulation S-T (ss.232.405 of
this chapter)  during the  preceding 12 months (or for such shorter  period that
the registrant was required to submit and post such files). Yes [_] No [_]

         Indicate by check mark whether the  registrant  is a large  accelerated
filer, an accelerated  filer, a  non-accelerated  filer, or a smaller  reporting
company.  See definitions of "large accelerated filer," "accelerated filer," and
"smaller reporting company" in Rule 12b-2 of the Exchange Act. (Check one):

         Large accelerated filer  [_]              Accelerated filer  [_]

         Non-accelerated filer    [_]              Smaller reporting company [X]

         Check whether the issuer is a "shell  company" as defined in Rule 12b-2
of the Securities Exchange Act of 1934. Yes [_] No [X]

         The Registrant has 1,599,750  shares of Common stock,  par value $.0001
per share issued and outstanding as of December 31, 2009.

         There currently is no public market for the Company's Stock.

         Traditional Small Business Disclosure Format (check one) Yes [_] No [X]


<PAGE>


                            INDEX TO QUARTERLY REPORT
                                  ON FORM 10-Q


PART I   FINANCIAL INFORMATION
                                                                            PAGE
                                                                            ----
Item 1.  Financial Statements (Unaudited)
         Condensed Balance Sheets
             November 30, 2009 and February 28, 2009                           4
         Condensed Statements of Operations
             For the Three and Nine Month Periods
             Ended November 30, 2009 and 2008                                  5
         Condensed Statements of Shareholders' Equity (Deficit)
             For the Nine Months Ended November 30, 2009                       6
         Condensed Statements of Cash Flows
             For the Nine Months Ended November 30, 2009 and 2008            7-8
         Notes to Condensed Financial Statements                            9-12

Item 2.  Management's Discussion and Analysis or Plan of Operation            13

Item 3.  Quantitative and Qualitative Disclosures About Market Risk           18

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


                                       2
<PAGE>


                                     PART I
                              FINANCIAL INFORMATION

ITEM 1.       FINANCIAL STATEMENTS

                (Financial Statements Commence on Following Page)


                                       3
<PAGE>


<TABLE>
                              FUTURA PICTURES, INC.
                            CONDENSED BALANCE SHEETS


                                                                    NOVEMBER 30,
                                                                       2009        FEBRUARY 28,
                                                                    (Unaudited)        2009
                                                                    -----------    -----------
<S>                                                                 <C>            <C>
ASSETS

        Cash ....................................................   $     1,191    $     2,672
        Prepaid expenses ........................................           211           --
        Inventories .............................................         5,461          5,000
                                                                    -----------    -----------

             TOTAL ASSETS .......................................   $     6,863    $     7,672
                                                                    ===========    ===========


LIABILITIES

        Accrued expenses ........................................   $     3,080    $    47,188
        Unearned revenue ........................................        15,000           --
        Accrued interest - related party ........................         3,570            281
        Loan payable - related party ............................        70,957         19,457
                                                                    -----------    -----------

             TOTAL LIABILITIES ..................................        92,607         66,926

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 ..............................       286,340        255,140
        Retained Deficit ........................................      (372,244)      (314,554)
                                                                    -----------    -----------

             TOTAL STOCKHOLDERS' EQUITY (DEFICIT) ...............       (85,744)       (59,254)
                                                                    -----------    -----------

             TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)   $     6,863    $     7,672
                                                                    ===========    ===========
</TABLE>

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


                                       4
<PAGE>


<TABLE>
                              FUTURA PICTURES, INC.
                       CONDENSED STATEMENTS OF OPERATIONS
                                   (UNAUDITED)

<CAPTION>
                                                  FOR THE THREE MONTHS           FOR THE NINE MONTHS
                                                   ENDED NOVEMBER 30,             ENDED NOVEMBER 30,
                                               --------------------------    --------------------------
                                                   2009           2008           2009           2008
                                                             (As Restated)                 (As Restated)
                                               -----------    -----------    -----------    -----------
<S>                                            <C>            <C>            <C>            <C>
REVENUE ....................................   $     1,885    $      --      $     7,026    $      --

COST OF REVENUE ............................         1,526           --            2,245           --
                                               -----------    -----------    -----------    -----------

GROSS PROFIT ...............................           359           --            4,781           --

OPERATING EXPENSES

         Selling, general and administrative        15,464         31,263         58,382         71,101
                                               -----------    -----------    -----------    -----------

               TOTAL OPERATING EXPENSES ....        15,464         31,263        (58,382)        71,101

(LOSS) FROM OPERATIONS .....................       (15,105)       (31,263)       (53,601)       (71,101)
                                               -----------    -----------    -----------    -----------

INTEREST EXPENSE ...........................           631             19          3,289             58

(LOSS) BEFORE INCOME TAXES .................       (15,736)       (31,282)       (56,890)       (71,159)

         Income tax expense ................          --             --              800            800
                                               -----------    -----------    -----------    -----------

NET (LOSS) .................................   $   (15,736)   $   (31,282)   $   (57,690)   $   (71,959)
                                               ===========    ===========    ===========    ===========

NET (LOSS) PER COMMON SHARE

         Basic and diluted .................   $     (0.01)   $     (0.02)   $     (0.04)   $     (0.04)
                                               ===========    ===========    ===========    ===========

WEIGHTED AVERAGE NUMBER OF COMMON
         SHARES OUTSTANDING

         Basic and diluted .................     1,599,750      1,599,750      1,599,750      1,599,750
                                               ===========    ===========    ===========    ===========
</TABLE>

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


                                       5
<PAGE>


<TABLE>
                              FUTURA PICTURES, INC.
                  CONDENSED STATEMENTS OF STOCKHOLDERS' DEFICIT
                   FOR THE NINE MONTHS ENDED NOVEMBER 30, 2009
                                   (UNAUDITED)

<CAPTION>
                                                                                             TOTAL
                                        COMMON STOCK          ADDITIONAL                  STOCKHOLDERS'
                                 -------------------------     PAID-IN       RETAINED       EQUITY
                                    SHARES        AMOUNT       CAPITAL       DEFICIT       (DEFICIT)
                                 -----------   -----------   -----------   -----------    -----------
<S>                                <C>         <C>           <C>           <C>            <C>
Balance, March 1, 2009 .......     1,599,750   $       160   $   255,140   $  (314,554)   $   (59,254)

Contributed services .........          --            --          31,200          --           31,200

Net (loss) for the nine months
  ended November 30, 2009 ....          --            --            --         (57,690)       (57,690)
                                 -----------   -----------   -----------   -----------    -----------

Balance, November 30, 2009 ...     1,599,750   $       160   $   286,340   $  (372,244)   $   (85,744)
                                 ===========   ===========   ===========   ===========    ===========
</TABLE>

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


                                       6
<PAGE>


<TABLE>
                              FUTURA PICTURES, INC.
                       CONDENSED STATEMENTS OF CASH FLOWS
                                   (UNAUDITED)

<CAPTION>
                                                                 FOR THE NINE MONTHS
                                                                 ENDED NOVEMBER 30,
                                                                --------------------
                                                                  2009        2008
                                                                          (As Restated)
                                                                --------    --------
<S>                                                             <C>         <C>
CASH FLOWS FROM OPERATING ACTIVITIES:
          Net (loss) ........................................   $(57,690)   $(71,959)
          Adjustments to reconcile net (loss) to net cash
            (used) by operating activities:
                Contributed services ........................     31,200      15,150
                Changes in operating assets and liabilities:
                     Prepaid expenses .......................       (211)      1,000
                     Inventories ............................       (461)       --
                     Accrued expenses .......................    (40,819)      1,535
                     Unearned revenue .......................     15,000      25,000
                                                                --------    --------

            NET CASH PROVIDED (USED) BY  OPERATING ACTIVITIES    (52,981)    (29,274)
                                                                --------    --------


CASH FLOWS (USED) BY INVESTING ACTIVITIES:
          Production in progress ............................       --        (2,000)
                                                                --------    --------

            NET CASH (USED) BY INVESTING ACTIVITIES .........       --        (2,000)

CASH FLOWS FROM FINANCING ACTIVITIES:
          Proceeds from loan payable - related party ........     61,500        --
          Repayment of loan payable - related party .........    (10,000)       --
          Proceeds from sale of common stock ................       --        12,200
                                                                --------    --------

            NET CASH PROVIDED BY FINANCING ACTIVITIES .......     51,500      12,200
                                                                --------    --------

NET INCREASE (DECREASE) IN CASH .............................     (1,481)    (19,074)

CASH AT THE BEGINNING OF THE YEAR ...........................      2,672      20,823
                                                                --------    --------

CASH AT THE END OF THE YEAR .................................   $  1,191    $  1,749
                                                                ========    ========
</TABLE>


                                       7
<PAGE>


<TABLE>
                              FUTURA PICTURES, INC.
                 CONDENSED STATEMENTS OF CASH FLOWS (CONTINUED)
                                   (UNAUDITED)

<CAPTION>
                                                                 FOR THE NINE MONTHS
                                                                 ENDED NOVEMBER 30,
                                                                --------------------
                                                                  2009        2008
                                                                          (As Restated)
                                                                --------    --------
<S>                                                             <C>         <C>
SUPPLEMENTAL DISCLOSURE OF
           CASH FLOW INFORMATION

           Interest paid ....................................   $   --      $   --
           Taxes paid .......................................   $    800    $    800
</TABLE>

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


                                       8
<PAGE>


                              FUTURA PICTURES, INC.
                     CONDENSED NOTES TO FINANCIAL STATEMENTS
                                NOVEMBER 30, 2009
                                   (UNAUDITED)

NOTE 1   SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

         ORGANIZATION AND NATURE OF BUSINESS

         Futura Pictures,  Inc. (the "Company") was incorporated  under the laws
         of the state of Delaware on December 10,  2003.  The Company was formed
         to  engage  in  the   production   and  the   co-financing   of  films,
         documentaries and similar products produced solely for the distribution
         directly to the domestic and international home video markets.

         PRESENTATION

         The interim  financial  statements  of the Company are condensed and do
         not  include  some of the  information  necessary  to obtain a complete
         understanding  of the  financial  data.  Management  believes  that all
         adjustments  (consisting of only normal recurring  adjustments,  unless
         otherwise noted) necessary for a fair presentation of results have been
         included in the unaudited  financial  statements for the interim period
         presented.  Operating  results for the nine months  ended  November 30,
         2009 are not necessarily indicative of the results that may be expected
         for the year ended  February 28, 2010.  Accordingly,  your attention is
         directed to footnote  disclosures found in the February 28, 2009 Annual
         Report  and  particularly  to Note  1,  which  includes  a  summary  of
         significant accounting policies.

         The Company has evaluated  subsequent  events through January 11, 2010,
         the date these condensed financial statements were issued.

         UNCLASSIFIED BALANCE SHEET

         In accordance  with the provisions of AICPA Statement of Position 00-2,
         "ACCOUNTING  BY PRODUCERS OR  DISTRIBUTORS  OF FILMS",  the Company has
         elected to present an unclassified balance sheet.

         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 certain  estimates and  assumptions  that affect the
         reported  amounts and timing of revenues  and  expenses,  the  reported
         amounts  and   classification  of  assets  and  liabilities,   and  the
         disclosure of contingent  assets and  liabilities.  These estimates and
         assumptions  are based on the Company's  historical  results as well as
         management's  future  expectations.  The Company's actual results could
         vary materially from management's estimates and assumptions.


                                       9
<PAGE>

         DISCLOSURE ABOUT FAIR VALUE OF FINANCIAL INSTRUMENTS

         The Company estimates that the fair value of all financial  instruments
         at November  30,  2009 does not differ  materially  from the  aggregate
         carrying   values  of  its  financial   instruments   recorded  in  the
         accompanying  balance sheet. The estimated fair value amounts have been
         determined  by the  Company  using  available  market  information  and
         appropriate valuation methodologies.  Considerable judgment is required
         in interpreting market data to develop the estimates of fair value, and
         accordingly,  the  estimates  are  not  necessarily  indicative  of the
         amounts that the Company could realize in a current market exchange.

         REVENUE RECOGNITION

         Sales are  recognized  upon  shipment of videos to the customer or upon
         website  download by the customer.  The  Company's  products may not be
         returned  by  the  customer.  Accordingly,  the  Company  has  made  no
         provision for returns.

         INVENTORIES

         Inventories   represent   finished   DVDs  of  the   program,   "The  5
         Communication  Secrets  That Swept Obama to the  Presidency",  that are
         available  for  sale.  They are  valued  at the lower of cost or market
         using the First-In-First-Out method of accounting.

         PRODUCTION COSTS

         The Company  expenses  production  costs as incurred when the costs are
         related  to videos  where  there is no  historical  revenue  to aid the
         Company in accurately  forecasting revenues to be earned on the related
         videos.

         RECENT PRONOUNCEMENTS

         In June 2009, the Financial  Accounting Standards Board ("FASB") issued
         ASC Statement No. 105, the FASB Accounting  Standards  Codification and
         the Hierarchy of Generally Accepted Accounting  Principles ("ASC 105").
         ASC 105 will  become the single  source  authoritative  nongovernmental
         U.S. generally accepted  accounting  principles  ("GAAP"),  superseding
         existing  FASB,  American  Institute of Certified  Public  Accountants,
         Emerging Issues Task Force, and related accounting literature.  ASC 105
         reorganized  the  thousands  of GAAP  pronouncements  into  roughly  90
         accounting topics and displays them using a consistent structure.  Also
         included is relevant  SEC  guidance  organized  using the same  topical
         structure  in separate  sections.  The Company  adopted ASC 105 for the
         financial  statements  ended November 30, 2009. The adoption of ASC 105
         did not have an impact on the Company's  financial  position or results
         of operations.


                                       10
<PAGE>


         Additionally,  there are no recently issued  accounting  standards with
         pending adoptions that the Company's management  currently  anticipates
         will have any material impact upon its financial statements.

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.

         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.

NOTE 3   DEVELOPMENT STAGE OPERATIONS

         During the nine months ended November 30, 2009, the Company began sales
         of its  DVD,  "The 5  Communication  Secrets  That  Swept  Obama to the
         Presidency".  Accordingly, the Company is no longer considered to be in
         the Development Stage.

NOTE 4   UNEARNED REVENUE

         On August 12, 2009, the Company signed an agreement with Gaiam America,
         licensing  them  the  distribution  rights  to  "The  Five  Secrets  of
         Communication  That Swept Obama to the Presidency."  Under the terms of
         the  agreement,  Gaiam America will  distribute  the DVD throughout the
         world to the non-educational market. Further, pursuant to the agreement
         the Company received the $15,000 advance on September 14, 2009.


                                       11
<PAGE>


NOTE 5   RELATED PARTY TRANSACTION

         LOAN COMMITMENT

         The Company's President,  Buddy Young, agreed to lend up to $100,000 to
         the Company to fund any cash shortfalls  through December 31, 2010. The
         note bears  interest at 8% and is due upon  demand,  no later than June
         30, 2011. The outstanding balance was $70,957 as of November 30, 2009.

NOTE 6   STOCKHOLDERS' DEFICIT

         During the nine months ended  November 30, 2009 and 2008, the Company's
         President  devoted  time to the  development  process  of the  Company.
         Compensation expense totaling $31,200 has been recorded in each period.
         Of this amount, the President was paid $-0- and $16,050 during the nine
         months ended  November 30, 2009 and 2008,  respectively.  The President
         has waived  reimbursement of $31,200 and $15,150 during the nine months
         ended November 30, 2009 and 2008, respectively,  and, accordingly,  the
         amounts have been recorded as a contribution to capital.


                                       12
<PAGE>


ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION

         You should read this section together with our financial statements and
related  notes  thereto  included  elsewhere in this report.  In addition to the
historical  information  contained herein, this report contains  forward-looking
statements  that  are  subject  to  risks  and  uncertainties.   Forward-looking
statements  are not  based  on  historical  information  but  relate  to  future
operations, strategies, financial results or other developments. Forward-looking
statements  are  necessarily  based  upon  estimates  and  assumptions  that are
inherently   subject  to   significant   business,   economic  and   competitive
uncertainties and  contingencies,  many of which are beyond our control and many
of which,  with  respect to future  business  decisions,  are subject to change.
Certain  statements  contained in this Form 10, including,  without  limitation,
statements containing the words "believe,"  "anticipate,"  "estimate," "expect,"
"are  of  the   opinion   that"  and  words  of   similar   import,   constitute
"forward-looking  statements."  You should not place any undue reliance on these
forward-looking statements.

         You should be aware that our results from operations  could  materially
be effected by a number of factors,  which  include,  but are not limited to the
following:  economic and  business  conditions  specific to the motion  picture,
television, and home video industries;  competition from other producers of home
video content;  and television  documentaries,  our ability to control costs and
expenses,  access to capital,  and our ability to meet contractual  obligations.
There may be other  factors not  mentioned  above or included  elsewhere in this
report  that  may  cause   actual   results  to  differ   materially   from  any
forward-looking information.

CRITICAL ACCOUNTING POLICIES

         Our discussion  and analysis of our financial  condition and results of
operations are based upon our statements, which have been prepared in accordance
with  accounting  principles  generally  accepted  in  the  United  States.  The
preparation  of these  financial  statements  requires us to make  estimates and
judgments that affect the reported amounts of assets, liabilities,  revenues and
expenses.  In consultation  with our Board of Directors,  we have identified two
accounting policies that we believe are key to an understanding of our financial
statements.  These are important  accounting policies that require  management's
most difficult, subjective judgment.

         GOING CONCERN. 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.


                                       13
<PAGE>


         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.

         NON-CASH EQUITY ISSUANCES.  We periodically  issue shares of our common
stock in exchange for, or in settlement of, services.  Our management values the
shares issued in such transactions at either the then market value of our common
stock,   as  determined  by  the  Board  of  Directors  and  after  taking  into
consideration   factors  such  as  the  volume  of  shares   issued  or  trading
restrictions,  or the value of the services received,  whichever is more readily
determinable.

<TABLE>
SELECT FINANCIAL INFORMATION

<CAPTION>
                                  FOR THE THREE MONTHS ENDED       FOR THE NINE MONTHS ENDED
                                         NOVEMBER 30,                    NOVEMBER 30,
                                 ----------------------------    ----------------------------
                                      2009           2008            2009            2008
                                                 (As Restated)                   (As Restated)
                                 ------------    ------------    ------------    ------------
<S>                              <C>             <C>             <C>             <C>
Statement of Operations Data

Total Revenue ................   $      1,885    $       --      $      7,026    $       --
Cost of Revenue ..............   $      1,526    $       --      $      2,245    $       --
Gross Profit .................   $        359    $       --      $      4,781    $       --
Operating Loss ...............   $    (15,105)   $    (31,263)   $    (53,601)   $    (71,101)
Net loss after taxes .........   $    (15,736)   $    (31,282)   $    (57,690)   $    (71,959)
Net loss per share ...........   $      (0.01)   $      (0.02)   $      (0.04)   $      (0.04)

Balance Sheet Data

Total assets .................   $      6,863    $     14,749    $      6,863    $     14,749
Total liabilities ............   $     92,007    $     56,241    $     92,607    $     56,241
Stockholders' equity (deficit)   $    (85,744)   $    (41,492)   $    (85,744)   $    (41,492)
</TABLE>


THREE-MONTH  PERIOD ENDED NOVEMBER 30, 2009 COMPARED TO THREE-MONTH PERIOD ENDED
NOVEMBER 30, 2008

GENERAL

         The Company was incorporated on December 10, 2003. We had no operations
until  fiscal  2005.  On January 19, 2005 we acquired an option on a  screenplay
entitled CASS & KARRI.  Additionally,  on January 24, 2005 we acquired an option
on a screenplay entitled LIFE-DOT-COM. Both options expired in June 2009.


                                       14
<PAGE>


         While we continued  our efforts to raise  sufficient  funds to initiate
our business  plan, of producing  low budget films for home video  distribution,
and in an attempt to generate  operating  revenue,  in December 2007, we entered
into a Production Agreement with the Hathaway Group to develop and produce a one
hour television documentary.  Under the Agreement we were to receive $150,000 as
total  compensation  for  writing,  shooting,  producing,  editing,  and  in all
respects  completing  the  documentary  in accordance  with standard  television
broadcast  specifications.  We were to receive payment in installments  based on
the completion of certain stages of the  Production.  Through  November 2008, we
received a total of $50,000 which was recorded as Unearned Revenue.  In February
2009,  the  Hathaway  Group  agreed with us to cancel the Project with no monies
owed by either  party.  The $50,000  has been  recorded  as a  reimbursement  of
production costs in Production Costs in the Statement of Operations

         In November 2008,  the Company  commenced the production of a 47 minute
"self-improvement"  DVD entitled,  "THE 5 COMMUNICATION SECRETS THAT SWEPT OBAMA
TO THE PRESIDENCY." The DVD uses video examples of President Barack Obama's most
memorable  speeches to illustrate five essential secrets of effective public and
personal  communication.  International  communication analyst and coach Richard
Greene hosts the DVD and instructs in the system of communication  techniques he
created.  The DVD was completed in February 2009, and is being sold and marketed
via the internet and through distributors specializing in the sale of product to
the educational market,  i.e.  libraries,  universities etc, and will shortly be
available in retail outlets.

REVENUES

         Our revenues for the three months ended  November 30, 2009 were $1,885.
These  revenues  were a result  of the  initial  sales  of "THE 5  COMMUNICATION
SECRETS THAT SWEPT OBAMA TO THE  PRESIDENCY"  DVD. There were no revenues during
the three months ended November 30, 2008.

         The cost of revenues  during the three months ended  November 30, 2009,
was $1,526. As there were no revenues during the three months ended November 30,
2008, no costs were incurred.

EXPENSES

         Selling,  general and  administrative  expenses were $15,464 during the
three  months ended  November  30, 2009 as compared to $31,263  during the three
months ended November 30, 2008.

         During the three month  period ended  November 30, 2009,  we incurred a
total  of  $15,464  in  general  and  administrative  expenses.  This  consisted
primarily of $10,400 of contributed services by our CEO, Buddy Young, and $5,292
of professional fees incurred for our audited  financial  statements and related
filings.  We valued the contributed  services from Buddy Young at $100 per hour.
During the same  period in 2008,  we  incurred a total of  $18,024  general  and
administrative  expenses.  This  consisted  primarily  of $5,000 of  contributed
services by our CEO,  Buddy Young,  $5,400 of  compensation  expense paid to our
CEO,  Buddy  Young,  and $5,363 of  professional  fees  incurred for our audited
financial statements and related filings.


                                       15
<PAGE>


         We incurred  $631 and $19 in interest  expense  during the three months
ended November 30, 2009 and 2008, respectively.  This is related to the interest
charges we incur on our loan from Buddy Young.

         While we cannot  guarantee the level of our expenses in the future,  we
anticipate them to increase as we develop new educational/self improvement DVDs.

NINE-MONTH  PERIOD ENDED  NOVEMBER 30, 2009 COMPARED TO NINE-MONTH  PERIOD ENDED
NOVEMBER 30, 2008

REVENUES

         Our revenues for the nine months ended November 30, were $7,026.  These
revenues were a result of the initial sales of "THE 5 COMMUNICATION SECRETS THAT
SWEPT  OBAMA TO THE  PRESIDENCY"  DVD.  There were no  revenues  during the nine
months ended November 30, 2008.

         The cost of revenues  during the nine months  ended  November 30, 2009,
was $2,245.  As there were no revenues during the nine months ended November 30,
2008, no costs were incurred.

EXPENSES

         Selling,  general and  administrative  expenses were $58,382 during the
nine months  ended  November  30,  2009 as  compared to $71,101  during the nine
months ended November 30, 2008.

         Selling and  marketing  expenses  were $3,530 for the nine months ended
November  30, 2009 as compared to $ 0 for the nine  months  ended  November  30,
2008.  These costs are mainly  related to the marketing of "THE 5  COMMUNICATION
SECRETS THAT SWEPT OBAMA TO THE PRESIDENCY" DVD.

         During the nine month  period ended  November  30, 2009,  we incurred a
total  of  $54,852  in  general  and  administrative  expenses.  This  consisted
primarily  of $31,200 of  contributed  services  by our CEO,  Buddy  Young,  and
$17,482 of professional fees incurred for our audited  financial  statements and
related filings. We valued the contributed services from Buddy Young at $100 per
hour. During the same period in 2008, we incurred a total of $57,901 general and
administrative  expenses.  This  consisted  primarily of $15,150 of  contributed
services by our CEO, Buddy Young,  $16,050 of  compensation  expense paid to our
CEO,  Buddy Young,  and $19,252 of  professional  fees  incurred for our audited
financial statements and related filings.


                                       16
<PAGE>


         We incurred  $3,289 and $58 in interest  expense during the nine months
ended November 30, 2009 and 2008, respectively.  This is related to the interest
charges we incur on our loan from Buddy Young.

PLAN OF OPERATION

         During  the past  twelve  months we worked on  producing  a  television
documentary  under the terms of the  agreement  signed in December 2007 with the
Hathaway  Group.  As a result of the  termination  of that agreement in February
2009,  all  worked  ceased on the  documentary.  Additionally,  we  produced  an
educational/self-improvement  DVD entitled, "THE FIVE COMMUNICATION SECRETS THAT
SWEPT  OBAMA TO THE  PRESIDENCY."  Given  our  inability  to date to  raise  the
necessary  capital to implement our business plan of producing and  co-financing
low budget motion pictures, and the current difficulty in raising capital caused
by general market conditions,  management has decided to put that element of the
plan on hold,  and to focus its efforts  during the next 12 months on  producing
educational/self-improvement  DVDs whose production  budgets range between fifty
and one hundred  thousand  dollars.  Additionally,  we will work to maximize the
revenue  potential  of the DVD that we  completed  during  the first  quarter of
fiscal 2009,  entitled "THE FIVE  COMMUNICATION  SECRETS THAT SWEPT OBAMA TO THE
PRESIDENCY."  There  can be no  assurance  that  we will  ever be able to  raise
sufficient  fund to  permit  us to  produce  or  co-finance  low  budget  motion
pictures.

         "THE FIVE SECRETS OF COMMUNICATION THAT SWEPT OBAMA TO THE PRESIDENCY,"
has generated  $7,026 in revenue during the first nine months of fiscal 2010. We
anticipate that cash resulting from the further sales and licensing of "THE FIVE
COMMUNICATION  SECRETS THAT SWEPT OBAMA TO THE PRESIDENCY." or funds provided to
us by our  president and principal  shareholder,  under a promissory  note dated
February 16, 2005, as amended,  will be sufficient to fund our cash requirements
to continue our efforts through February 2010.

         If during  the next  twelve  months  our  revenue  is  insufficient  to
continue  operations,  and we are  unable  to raise  funds  through  the sale of
additional equity, or from traditional  borrowing sources, we may be required to
scale back our planned operations,  or be forced to totally abandon our business
plan and seek other business  opportunities in a related or unrelated  industry.
Such  opportunities  may include a reverse merger with a privately held company.
The  result  of which  could  cause the  existing  shareholders  to be  severely
diluted.

EMPLOYEES

         Due to our very limited financial  resources,  the Company's President,
Buddy  Young,  along with  Joseph  Adelman,  and Mel  Powell,  our  Director  of
acquisitions,  work on a part-time basis.  Other than Mr. Young, no employee has
received  cash  compensation  from the  Company.  We have no other  full-time or
part-time  employees.   Additionally,  we  regularly  utilize  the  services  of
independent firms to handle our accounting and certain  administrative  matters.
If and when our capital resource  permits,  we will hire full-time  professional
and administrative employees.


                                       17
<PAGE>


LIQUIDITY AND CAPITAL RESOURCES

         We had a cash balance of $1,191 on November 30, 2009.  Other than funds
received  from the sale of "THE FIVE  COMMUNICATION  SECRETS THAT SWEPT OBAMA TO
THE PRESIDENCY,", at this time, our only other known cash resource comes from an
agreement  with our President and majority  shareholder to fund any shortfall in
cash flow up to  $100,000  at 8%  interest  through  December  31,  2010.  As of
November 30, 2009 the balance  owing on this  agreement  is $70,957.  Payment of
principal and interest is due on this loan on June 30, 2011.

         We believe  that revenue  derived from the sale of the above  mentioned
DVD, and further borrowings from our President will be sufficient to satisfy our
budgeted cash requirements through February 28, 2010.

ITEM 3.  QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

         Based on the nature of our current  operations,  we have not identified
any issues of market risk at this time.

ITEM 4T.  CONTROLS AND PROCEDURES

         The principal  executive officer and principal financial officer of the
Company,  who are the same person ("the Certifying Officer") with the assistance
of advisors,  evaluated  the  effectiveness  of the design and  operation of the
Company's   disclosure   controls   and   procedures   (as  defined  in  section
240.13a-14(c) and 240.15d-14(c)  under the Exchange Act) within 90 days prior to
the filing of this report.  Based upon the  evaluation,  the Certifying  Officer
concludes that the Company's disclosure controls and procedures are effective in
timely alerting management to material information relative to the Company which
is required to be disclosed in its periodic filings with the SEC.

         There were no significant changes in the Company's internal controls or
in other factors that could  significantly  affect these controls  subsequent to
the date of their  evaluation,  including any corrective  actions with regard to
significant deficiencies and material weaknesses.


                                       18
<PAGE>


                                     PART II
                                OTHER INFORMATION


ITEM 1.  LEGAL PROCEEDINGS   None.

ITEM 2.  CHANGES IN SECURITIES AND USE OF PROCEEDS  None.

ITEM 3.  DEFAULTS UPON SENIOR SECURITIES  None.

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

         During the quarter ended  November 30, 2009, no matters were  submitted
to the Company's security holders.

ITEM 5.  OTHER INFORMATION   None.

ITEM 6.  EXHIBITS

         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.


                                       19
<PAGE>


                                  SIGNATURES

         In accordance with the requirements of the Exchange Act, the registrant
caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized.

                                  FUTURA PICTURES, INC.
                                  (Registrant)


Dated: January 12, 2010           /S/ BUDDY YOUNG
                                  ------------------------------------
                                      Buddy Young, President and Chief
                                      Executive Officer


                                       20