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| Delaware                                                                                    |   | 75–3189552                                    |
|---------------------------------------------------------------------------------------------|--------|-----------------------------------------------------|
| (State                or other jurisdiction ofincorporation                or organization) |   | (I.R.S.                Employer Identification No.) |

| 1900                  Avenue of the Stars, Suite 310Los                  Angeles, CA |   | 90067                       |
|--------------------------------------------------------------------------------------|--------|-----------------------------|
| (Address                  of principal executive offices)                            |   | (Zip                  Code) |

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| PART                I.  | FINANCIAL                INFORMATION                                                                                                                                                                                                                         | 2      |
|-------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
|                    |                                                                                                                                                                                                                                                         |   |
| Item                1.  | Financial                Statements:                                                                                                                                                                                                                         | 2      |
|                    |                                                                                                                                                                                                                                                         |   |
|                    | Balance                Sheet as of September 30, 2007 (unaudited)                                                                                                                                                                                            | 3      |
|                    |                                                                                                                                                                                                                                                         |   |
|                    | Statements                of Operations (unaudited) for the three- and nine-month periods ending                September 30, 2007 and September 30, 2006 and period from Inception                (April                29, 2005) to September 30, 2007     | 4      |
|                    |                                                                                                                                                                                                                                                         |   |
|                    | Statements                of Cash Flows (unaudited) for the nine-month periods ending September                30,                2007 and September 30, 2006 and period from Inception (April 29,                2005) to                September 30, 2007 | 5      |
|                    |                                                                                                                                                                                                                                                         |   |
|                    | Notes                to Financial Statements                                                                                                                                                                                                                 | 6      |
|                    |                                                                                                                                                                                                                                                         |   |
| Item                2.  | Management's                Discussion and Analysis or Plan of Operation                                                                                                                                                                                     | 8      |
|                    |                                                                                                                                                                                                                                                         |   |
| Item                3.  | Controls                and Procedures                                                                                                                                                                                                                       | 11     |
|                    |                                                                                                                                                                                                                                                         |   |
| PART                II. | OTHER                INFORMATION                                                                                                                                                                                                                             |   |
|                    |                                                                                                                                                                                                                                                         |   |
| Item                1.  | Legal                Proceedings                                                                                                                                                                                                                             | 11     |
|                    |                                                                                                                                                                                                                                                         |   |
| Item                2.  | Unregistered                Sales of Equity Securities and Use of Proceeds                                                                                                                                                                                   | 11     |
|                    |                                                                                                                                                                                                                                                         |   |
| Item                3.  | Default                Upon Senior Securities                                                                                                                                                                                                                | 11     |
|                    |                                                                                                                                                                                                                                                         |   |
| Item                4.  | Submission                of Matters to a Vote of Security Holders                                                                                                                                                                                           | 11     |
|                    |                                                                                                                                                                                                                                                         |   |
| Item                5.  | Other                Information                                                                                                                                                                                                                             | 11     |
|                    |                                                                                                                                                                                                                                                         |   |
| Item                6.  | Exhibits                                                                                                                                                                                                                                                     | 11     |
|                    |                                                                                                                                                                                                                                                         |   |
|                    | Signatures                                                                                                                                                                                                                                                   | 12     |

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**SRKP      3, INC.**

**(A      Development Stage Company)**

**BALANCE      SHEET**

|                                                                                                                          |   | **September 30,****2007** |    |
|-------------------------------------------------------------------------------------------------------------------------------|--------|--------------------------------|---------|
|                                                                                                                          |   | **(Unaudited)**                |    |
| **ASSETS**                                                                                                                    |   |                           |    |
|                                                                                                                          |   |                           |    |
| **CURRENT                ASSETS:**                                                                                            |   |                           |    |
| Cash                                                                                                                          |   | $                              | 7,157   |   |
| Total                Current Assets                                                                                           |   | $                              | 7,157   |   |
|                                                                                                                          |   |                           |    |   |
| **LIABILITIES                AND STOCKHOLDERS' EQUITY (DEFICIT)**                                                             |   |                           |    |   |
|                                                                                                                          |   |                           |    |   |
| **CURRENT                LIABILITIES:**                                                                                       |   |                           |    |   |
|                                                                                                                          |   |                           |    |   |
| Due                to Stockholders                                                                                            |   | $                              | 30,000  |   |
| Total                Current Liabilities                                                                                      |   |                           | 30,000  |   |
|                                                                                                                          |   |                           |    |   |
| **COMMITMENTS                AND CONTINGENCIES**                                                                              |   |                           |    |   |
|                                                                                                                          |   |                           |    |   |
| **STOCKHOLDERS'                EQUITY (DEFICIT):**                                                                            |   |                           |    |   |
| Preferred                  stock, $.001 par value, 10,000,000shares                  authorized, none issued                  |   |                           | — |   |
| Common                  stock $.001 par value, 100,000,000share                  authorized, 2,700,000 issued and outstanding |   |                           | 2,700   |   |
| Additional                paid-in capital                                                                                     |   |                           | 47,300  |   |
| (Deficit)                accumulated during development stage                                                                 |   |                           | (72,843 | ) |
|                                                                                                                          |   |                           |    |   |
| Total                Stockholders' Equity (Deficit)                                                                           |   |                           | (22,843 | ) |
|                                                                                                                          |   |                           |    |   |
|                                                                                                                          |   | $                              | 7,157   |   |

**SEE      ACCOMPANYING FOOTNOTES TO THE FINANCIAL STATEMENTS**

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**SRKP      3, INC.**

**(A      Development Stage Company)**

**STATEMENTS      OF OPERATIONS**

**(Unaudited)**

|                                                                  |   | **Three****Months                Ended****September****30,                2007** |      | **Three****Months                Ended September****30,                2006** |   | **Nine****Months                Ended September****30,                2007** |   | **NineMonths****Ended****September****30,                2006** |      | **Cumulative****from****April                29,****2005                (Inception) to****September****30,                2007** |   |
|-----------------------------------------------------------------------|--------|----------------------------------------------------------------------------------|-----------|-------------------------------------------------------------------------------|--------|------------------------------------------------------------------------------|--------|-----------------------------------------------------------------|-----------|----------------------------------------------------------------------------------------------------------------------------------|--------|
|                                                                  |   |                                                                             |      |                                                                          |   |                                                                         |   |                                                            |      |                                                                                                                             |   |
| **REVENUE**                                                           |   | $                                                                                | —   |                                                                          | $      | —                                                                      |   | $                                                               | —   |                                                                                                                             | $      | — |   | $ | — |   |
|                                                                  |   |                                                                             |      |                                                                          |   |                                                                         |   |                                                            |      |                                                                                                                             |   |   |   |   |   |   |
| **EXPENSES**                                                          |   |                                                                             | 2,519     |                                                                          |   | 3,792                                                                        |   |                                                            | 18,244    |                                                                                                                             |   | 28,185 |   |   | 72,843 |   |
|                                                                  |   |                                                                             |      |                                                                          |   |                                                                         |   |                                                            |      |                                                                                                                             |   |   |   |   |   |   |
| **NET                (LOSS)**                                         |   | $                                                                                | (2,519    | )                                                                             | $      | (3,792                                                                       | )      | $                                                               | (18,244   | )                                                                                                                                | $      | (28,185 | ) | $ | (72,843 | ) |
|                                                                  |   |                                                                             |      |                                                                          |   |                                                                         |   |                                                            |      |                                                                                                                             |   |   |   |   |   |   |
| **NET                (LOSS) PER COMMON SHARE-BASIC**                  |   | $                                                                                | *         |                                                                          | $      | *                                                                            |   | $                                                               | (0.01     | )                                                                                                                                | $      | (0.01 | ) |   |   |   |
|                                                                  |   |                                                                             |      |                                                                          |   |                                                                         |   |                                                            |      |                                                                                                                             |   |   |   |   |   |   |
| WEIGHTED                  AVERAGE NUMBER OF COMMON SHARES OUTSTANDING |   |                                                                             | 2,700,000 |                                                                          |   | 2,700,000                                                                    |   |                                                            | 2,700,000 |                                                                                                                             |   | 2,700,000 |   |   |   |   |

**SEE      ACCOMPANYING FOOTNOTES TO THE FINANCIAL STATEMENTS**

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**SRKP      3, INC.**

**(A      Development Stage Company)**

**STATEMENTS      OF CASH FLOWS**

**(Unaudited)**

|                                                                                                                          |   | **Nine                Months****Ended****September 30,****2007** |    | **Nine                Months****Ended****September 30,****2006** |   | **CumulativefromApril                29,2005(Inception)toSeptember30, ****2007** |   |
|-------------------------------------------------------------------------------------------------------------------------------|--------|-----------------------------------------------------------------------|---------|-----------------------------------------------------------------------|--------|---------------------------------------------------------------------------------------|--------|
|                                                                                                                          |   |                                                                  |    |                                                                  |   |                                                                                  |   |
| **CASH                FLOWS FROM (TO) OPERATING ACTIVITIES:**                                                                 |   |                                                                  |    |                                                                  |   |                                                                                  |   |
| Net                (loss)                                                                                                     |   | $                                                                     | (18,244 | )                                                                     | $      | (28,185                                                                               | )      | $ | (72,843 | ) |
| Adjustments                  to reconcile net (loss) to net cash provided by (used in) operating                  activities: |   |                                                                  |    |                                                                  |   |                                                                                  |   |   |   |   |
| Changes                in:                                                                                                    |   |                                                                  |    |                                                                  |   |                                                                                  |   |   |   |   |
| Accounts                Payable                                                                                               |   |                                                                  | (527    | )                                                                     |   | 1,498                                                                                 |   |   | - |   |
|                                                                                                                          |   |                                                                  |    |                                                                  |   |                                                                                  |   |   |   |   |
| Net                Cash (Used In) Operating Activities                                                                        |   |                                                                  | (18,771 | )                                                                     |   | (26,687                                                                               | )      |   | (72,843 | ) |
|                                                                                                                          |   |                                                                  |    |                                                                  |   |                                                                                  |   |   |   |   |
| **CASH                FLOWS FROM (TO) FINANCING ACTIVITIES:**                                                                 |   |                                                                  |    |                                                                  |   |                                                                                  |   |   |   |   |
| Common                stock issued for cash                                                                                   |   |                                                                  | -       |                                                                  |   | -                                                                                     |   |   | 50,000 |   |
| Collection                of subscription receivable                                                                          |   |                                                                  | -       |                                                                  |   | 2,500                                                                                 |   |   | - |   |
| Advances                from Stockholders                                                                                     |   |                                                                  | 25,000  |                                                                  |   | 4,550                                                                                 |   |   | 30,000 |   |
|                                                                                                                          |   |                                                                  |    |                                                                  |   |                                                                                  |   |   |   |   |
| Net                Cash Provided by Financing Activities                                                                      |   |                                                                  | 25,000  |                                                                  |   | 7,050                                                                                 |   |   | 80,000 |   |
|                                                                                                                          |   |                                                                  |    |                                                                  |   |                                                                                  |   |   |   |   |
| **NET                  INCREASE/(DECREASE) IN CASH AND CASH                  EQUIVALENTS:**                                   |   |                                                                  | 6,229   |                                                                  |   | (19,637                                                                               | )      |   | 7,157 |   |
|                                                                                                                          |   |                                                                  |    |                                                                  |   |                                                                                  |   |   |   |   |
| **CASH                  AND CASH EQUIVALENTS, BEGINNING OF PERIOD**                                                           |   |                                                                  | 928     |                                                                  |   | 22,938                                                                                |   |   | - |   |
|                                                                                                                          |   |                                                                  |    |                                                                  |   |                                                                                  |   |   |   |   |
| **CASH                  AND CASH EQUIVALENTS, END OF PERIOD**                                                                 |   | $                                                                     | 7,157   |                                                                  | $      | 3,301                                                                                 |   | $ | 7,157 |   |

**SEE      ACCOMPANYING FOOTNOTES TO THE FINANCIAL STATEMENTS**

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**SRKP      3, INC.**

**(A      Development Stage Company)**

**NOTES      TO FINANCIAL STATEMENTS**

**NOTE      1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES**

**History**

**Going      Concern and Plan of Operation**

**Income      Taxes**

**Deferred      Offering Costs**

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**NOTE      1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)**

**Cash      and Cash Equivalents**

**Concentrations      of Credit Risk**

**Earnings      Per Common Share**

**Use      of Estimates in the Preparation of Financial      Statements**

**Recently      Issued Accounting Pronouncements**

**NOTE      2 - STOCKHOLDERS' EQUITY **

**NOTE      3 - RELATED PARTY TRANSACTIONS **

**NOTE      4 – INTIAL PUBLIC OFFERING **

**NOTE      5 - DUE TO STOCKHOLDERS**

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|  | o | A                  minimum of two years' operating                  history, |
|--|---|------------------------------------------------------------------------------|

|  | o | At                  least $5.0 million in annual revenue and/or pre-tax profit of $300,000                  and |
|--|---|-----------------------------------------------------------------------------------------------------------------|

|  | o | At                  least $300,000 in stockholders'                  equity. |
|--|---|------------------------------------------------------------------------------|

|  | o | Available                  technical, financial, and managerial                  resources, |
|--|---|---------------------------------------------------------------------------------------------|

|  | o | Working                  capital and other financial                  requirements, |
|--|---|-------------------------------------------------------------------------------------|

|  | o | Prospects                  for the future, |
|--|---|--------------------------------------------|

|  | o | Nature                  of present and expected                  competition, |
|--|---|-------------------------------------------------------------------------------|

|  | o | The                  quality and experience of management services which may be available                  and                  the depth of that management, |
|--|---|---------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | o | The                  potential for further research, development, or                  exploration, |
|--|---|----------------------------------------------------------------------------------------------------|

|  | o | Specific                  risk factors not now foreseeable but which then may be anticipated                  to                  impact on our proposed activities, |
|--|---|----------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | o | The                  potential for growth or expansion, |
|--|---|---------------------------------------------------------|

|  | o | The                  potential for profit, |
|--|---|--------------------------------------------|

|  | o | The                  perceived public recognition or acceptance or products or services,                  and |
|--|---|---------------------------------------------------------------------------------------------------------------|

|  | o | Name                  identification and other relevant                  factors. |
|--|---|-----------------------------------------------------------------------------------|

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|  | o | The                  nature of the target business, |
|--|---|-----------------------------------------------------|

|  | o | Our                  needs and desires and the needs and desires of the persons controlling                  the                  target business, |
|--|---|----------------------------------------------------------------------------------------------------------------------------------------------------|

|  | o | The                  management of the target business,                  and |
|--|---|------------------------------------------------------------------------------|

|  | o | Our                  relative negotiating strength compared to the strength of the persons                  controlling the target business. |
|--|---|----------------------------------------------------------------------------------------------------------------------------------------------|

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| 31.1   | Certification                  of Chief Executive Officer pursuant to Section 302(a) of the                  Sarbanes-Oxley Act of 2002.                                            |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |                                                                                                                                                                                |
| 31.2   | Certification                  of Chief Financial Officer pursuant to Section 302(a) of the                  Sarbanes-Oxley Act of 2002.                                            |
|   |                                                                                                                                                                                |
| 32.1   | Certification                  of Chief Executive Officer and Chief Financial Officer                  Pursuant to Section 906 of the Sarbanes-Oxley Act of                  2002.* |

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| November                13, 2007 | SRKP                3, Inc. |
|----------------------------------|-----------------------------|
|                             | (Registrant)                |
|                             |                        |   |
|                             | By:                         | /s/                Richard Rappaport |
|                             |                        | Richard                Rappaport |
|                             |                        | President                (Principal Executive Officer) |
|                             |                        |   |
|                             | By:                         | /s/                Anthony C. Pintsopoulos |
|                             |                        | Anthony                C. Pintsopoulos |
|                             |                        | Chief                Financial Officer (Principal |
|                             |                        | Financial                and Accounting Officer) |

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