**United States****Securities and ExchangeCommission****Washington, D.C. 20549**
**Form 10-QSB/A**
|X| QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THESECURITIES EXCHANGE ACTOF 1934
For the quarterly period ended September 30, 2005
|_| TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THEEXCHANGEACT
For the transition period from ______________ to________________
Commission File Number: 0-13910
The Furia Organization, Inc.(Exact name of smallbusiness issuer as specified in its charter)
**Delaware**(State or other jurisdiction of incorporation ororganization)
**95-3931129**(I.R.S. Employer Identification No.)
**2233 Ridge Road, Suite 102, Rockwall, TX 75087**(Address of principalexecutive offices)
**(972) 722-9999**(Issuer's telephone number, including areacode)
N/A(Former name, former address and former fiscal year,if changed sincelast report)
APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCYPROCEEDINGS DURING THEPRECEDING FIVE YEARS
Check whether the registrant filed all documents and reports required to befiled by Section 12, 13 or 15(d) of the Exchange Act after the distribution ofsecurities under a plan confirmed by a court. Yes |_| No |_|
APPLICABLE ONLY TO CORPORATE ISSUERS
State the number of shares outstanding of each of the issuer's classes of commonequity, as of the latest practicable date: 66,657,721 shares of common stock asof November 11, 2005.
Transitional Small Business Disclosure Format (check one): Yes |_| No|X|****   

THE FURIA ORGANIZATION, INC.
INDEX

PART I.

FINANCIAL INFORMATION
  
Item 1

..  Financial Statements:
  
       

Consolidated Balance Sheet as of September 30, 2005 (unaudited)

 3
  
       

Consolidated Statements of Operations for the three months and  nine monthsended September 30, 2005 and 2004 (unaudited)

 5
  
       

Consolidated Statements of Cash Flows for the three months and  nine monthsended September 30, 2005 and 2004 (unaudited).

 6
  
Notes to Consolidated Financial Statements

 7
  
Item 2

..  Management's Discussion and Analysis or Plan of Operations

10
  
Item 3.  

Controls and Procedures.............................................

13
  
PART II. 

OTHER INFORMATION
  
Item 1. 

Legal Proceedings...................................................

13
  
Item 2. 

Unregistered Sales of Equity Securities and Use of Proceeds.........

13
  
Item 3. 

Defaults upon Senior Securities..................................... 

13
  
Item 4. 

Submission of Matters to a Vote of Security Holders................. 

13
  
Item 5.  

Other Information...................................................

13
  
Item 6.  

Exhibits and Reports on Form 8-K....................................

14
  
       

Signatures.......................................................... 

14
 
****   

PART I. FINANCIAL INFORMATION
ITEM 1. FINANCIAL STATEMENTS
THE FURIA ORGANIZATION, INC. AND SUBSIDIARIESCONSOLIDATED BALANCE SHEET

       

September 30,
June 30, 
       

2005
2005 
       

 Assets                                           

(Unaudited)
(Audited)  
CURRENT ASSETS:

       Cash and equivalents

$   9,227        
$ 117,779 
       Accountsreceivable-trade                                    

46,056        
25,675  
       Loans to officers

-    
5,000 
       Accountreceivable-employ                                    

517       
1,717 
       Prepaid expenses

1,160              

-  
     
       Total current assets

56,960   

150,171
     
PROPERTY, PLANT, AND EQUIPMENT, net of depreciation 

233,962    

246,477
     
OTHER ASSETS:
   
       Software-proprietary

311,580        
311,580 
       Deposits

-     

1,863
      
311,580   

313,433
      
$ 602,502    

$ 710,091
     
       LIABILITIES ANDSTOCKHOLDERS' EQUITY
 
CURRENT LIABILITIES:

       Accounts payable-trade

$   72,375    
$    23,589 
       Accrued liabilities

4,917        
37,000 
       Due to third party

99,000      
- 
       Loans payable

121,655     
121,655 
       Current portion oflong-term debt                         

6,189    
- 
       Current portion ofobligations under capital leases        

8,572      

-
 
       
   
       Total currentliabilities                          

312,708      

182,244
     
LONG-TERM DEBT:
   
       Net of current portionshown above                      

10,830     
- 
       Obligations undercapital leases                         

47,119      

60,092
     
       Total long-term debt

57,949     

60,092
     
STOCKHOLDERS' EQUITY:
   
  Preferred stock; par value of $0.0001,5,000,000
   
       shares authorized and500,000 outstanding 

50       
50 
    Common stock - 0.001 par value; 200,000,000authorized;
   
    46,222,721 issued and outstanding at June 30, 2005
   
60,602,721 issued and outstanding at December 31, 2005

60,603
46,223 
     Additional paid-in capital

3,451,763
1,018,093 
     Accumulated deficit

(3,280,571)
( 596,611)     
     Total stockholders' equity

231,845

467,755
      
$ 602,502

$ 710,091
 

See accompanying notes to financial statements.**3**   

THE FURIA ORGANIZATION, INC. AND SUBSIDIARIESCONSOLIDATED STATEMENTS OFOPERATIONSFOR THE THREE MONTHS ENDED SEPTEMBER 30, 2005 AND2004(UNAUDITED)
 
Three Months Ended  
September 30,  
2005

2004
 
Sales Revenues                                            

$   79,914       
$    1,000 
Cost of Operations                                         

86,531        

--
  
Gross Profit (Loss)                                       

 (6,617)     

1,000
  
Operating Expenses:

Selling, general and administrative expenses           

2,664,086     
180,758 
Depreciation                                                

12,514     

--
  
Total expenses                                           

2,676,600     

       180,758
  
(Loss) from operations                                       

 (2,683,217)    

       (179,758)
  
Other income (expense)

Interest and finance costs                                      

 (743)     

       --
  
Total other income (expense)                                

 (743)     

       --
  
Income before income taxes                                    

 (2,683,960)      
   (179,758)  
Provision for income taxes                                          

--        

       --
  
Net (loss)                                              

$ (2,683,960)  

       $ (179,758)
  
Basic and diluted net (loss) per common share              

$      (0.05)   

   $    (0.01)
  
Weighted average basic and diluted shares outstanding     

       53,200,321

  28,742,842
 

       See accompanying notes to financialstatements.**4**   

THE FURIA ORGANIZATION, INC. AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF CASHFLOWSFOR THE THREE MONTHS ENDED SEPTEMBER 30, 2005 AND2004(UNAUDITED)

       

Three Months Ended 
       

September 30, 
       

2005

2004
  
Cash flows from operating activities:

Net (loss)                                                      

$ (2,683,960)  
$   (179,758) 
Adjustments to reconcile net income to operating activities -

       Depreciation

12,515       
-- 
       Stock issued for consulting fees

2,448,050    
-- 
Changes in assets and liabilites:

(Increase) decrease in -

       Accounts receivable-trade

(20,381)   
-- 
       Accounts receivable-employee

1,200     
-- 
       Prepaid expenses

3,840     
-- 
       Accounts payable and other payables

63,547   
-- 
       Accrued liabilities

(32,083)  
-- 
       Due to related party

99,000   

--
  
Net cash provided by (used in) operating activities       

 (108,272)  

    (179,758)
  
Cash flows from investing activities:

       Purchase property and equipment

--      
(8,481) 
       Purchase securities

--    
(34,055) 
       Deposits returned

1,863   

--
  
Net cash provided by (used in) investing activities             

1,863     

 (42,536)
 
       
   
Cash flows from financing activities:

       Loans payable

--     
219,215 
       Payments on leases

(2,143)    
-- 
       Common stock

--      
20,000 
       Preferred stock

--    

50
  
Net cash provided by (used in) financing activities                

 (2,143)     

239,265
  
Net increase (decrease) in cash and cash equivalents           

(108,552)   
16,971  
Cash and cash equivalents, beginning of period             

117,779    

--
  
Cash and cash equivalents, end of period                    

$   9,227    

$  16,971
  
Supplemental disclosures of Cash Flow information:

       Interest paid

$     743    

$      --
  
       Income taxes paid

$      --     

$      --
 

SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:
During the three months ended September 30, 2005, the Company issued 14,380,000shares of its common stock for consulting fees totaling$2,448,050.
See accompanying notes to financial statements.**5**   

THE FURIA ORGANIZATION, INC. AND SUBSIDIARIESNOTES TO CONSOLIDATED FINANCIALSTATEMENTSSEPTEMBER 30, 2005(UNAUDITED)
**NOTE 1 - ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES**
 Organization and Basis of Presentation	
The Furia Organization, Inc. ("the Company") was incorporated under thecorporate laws of the State of Delaware on June 26, 1984, originally with thecorporate name of Furia, Oringer Productions, Inc. In 1991, Furia hadtransferred, assigned and disposed of all of its former entertainmentproperties. In April 1994, Pat Fashions Industries, Inc. ("PFI"),  the Company'sonly operating entity, filed a Petition in Bankruptcy under Chapter 11 seekingthe reorganization of PFI. The Chapter 11 proceeding was subsequently convertedto a Chapter 7 proceeding and PFI was then liquidated. Thereafter, Furia becamean inactive public company shell without any significant assets or operations.
On August 26, 2004, Furia completed the acquisition of Fronthaul, Inc., aprivately held Nevada corporation ("Fronthaul"). Furia entered into a definitiveacquisition agreement with Fronthaul and its principal shareholders to acquireall of the capital stock of Fronthaul in exchange for the issuance of common andpreferred stock of Furia. As a result of the transaction, Fronthaul became awholly-owned subsidiary of Furia. 
On September 1, 2004, Furia completed the acquisition of Loadsource, Inc., aprivately held Tennessee corporation ("Loadsource"). Furia entered into adefinitive acquisition agreement with Loadsource and its principal shareholdersto acquire all of the capital stock of Loadsource. Furia entered into agreementswith the shareholders of Loadsource to acquire all of the issued and outstandingcapital shares of Loadsource for the aggregate sum of $311, 580. The capitalshares of Loadsource have been transferred to Furia and the transaction will becompleted at the completion of financing or a suitable conclusion for allparties.
 The Company provides the following categories of transportation services: 	
*Truck Brokerage (Highway Services).*Through its subsidiary FronthaulInc., Furia matches drivers and truck loads together. Shippers/brokers accessthe load board and input the appropriate data for their loads. Drivers accessthe loads via any wireless device or call Fronthaul's call center. This programincorporates a unique driver/shipper feedback system very similar to eBay thatcan be connected to any database. Fronthaul collects a flat rate fee for theservice. More than 600 drivers currently participate in this program. Driversare motivated to utilize the service as it also provides them with theopportunity to gain residual income through the unique network-marketingcomponent of Fronthaul's brokerage service. These services make up approximately20% of total sales revenues). 
*Logistics.*The Company's subsidiary Loadsource Logistics, LLC is a motorcarrier. Loadsource moves its contracted shippers' loads with leased trucks andtrailers driven by drivers hired by Loadsource. More than 280 trucks and 420trailers are part of Loadsource's leased fleet.  Contracted shippers includeCoors Brewing Company and Swift & Company (approximately 80% of total salesrevenue). This business interfaces seamlessly with Fronthaul; drivers arerecruited from the Fronthaul database, and Fronthaul's load matching servicehelps insure that Loadsource trucks are full on their return trips. 
*Intermodal.*The Company providing intermodal transportation servicesthrough its subsidiary Fronthaul Intermodal LLC, a Freight Forwarder business.Intermodal services move loads between different forms of transportation.  Forexample Furia utilizes Intermodal services to move freight from the Coorsbrewery to the rail, by rail to the destination city, and the local distributor.As no driver or tractor is needed to move these loads, Intermodal services arecost effective. Intermodal services also access air and ship cargo to meet thespecific needs of our clients.
**NOTE 2 - GOING CONCERN AND MANAGEMENT'S PLANS**
The accompanying consolidated financial statements were prepared using generallyaccepted accounting principles applicable to a going concern which contemplatesthe realization of assets and liquidation of liabilities in the normal course ofbusiness. However, the Company does not have significant cash and has incurredlosses totaling $3,280,571 since its reorganization. These factors raisesubstantial doubts about the Company's ability to continue as a going concern.Management anticipates raising additional funds and expects to achieve aprofitable level of operations in the near future. The accompanying financialstatements do not include any adjustments that might be necessary if the Companyis unable to continue as a going concern.**6**   

 THE FURIA ORGANIZATION, INC. ANDSUBSIDIARIESNOTES TO CONSOLIDATED FINANCIAL STATEMENTSSEPTEMBER 30,2005
**NOTE 3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES**
**Principles of Consolidation** - The condensed consolidated financialstatements include the accounts of Fronthaul, Inc., Loadsource Logistics, LLC,and Fronthaul Intermodal, LLC. All significant intercompany balances andtransactions have been eliminated in consolidation.
**Accounting Method -** The Company records income and expenses on theaccrual method.
**Use of Estimates** - The preparation of consolidated financial statementsin conformity with accounting principles generally accepted in the United Statesof America requires management to make estimates and assumptions that affect thereported amounts of assets and liabilities and disclosure of contingent assetsand liabilities at the date of the consolidated financial statements and thereported amounts of revenues and expenses during the reporting period. Actualresults could differ from those estimates. Property and equipment are recordedat cost. The costs of additions, leasehold improvements, and betterments arecapitalized and expenditures for repairs and maintenance are expensed in theperiod incurred. When items of property and equipment are sold or retired, therelated costs and accumulated depreciation are removed from the accounts and anygain or loss is included in income.
**Cash and cash equivalents** - Cash and cash equivalents consist primarilyof cash on deposit, certificates of deposit, money market accounts, andinvestment grade commercial paper that are readily convertible into cash andpurchased with original maturities of three months or less.
**Accounts receivable** - The Company provides an allowance for doubtfulaccounts equal to the estimated uncollectible amounts. The Company's estimate isbased on historical collection experience and a review of the current status oftrade accounts receivable. It is reasonably possible that the Company's estimateof the allowance for doubtful accounts will change. Accounts receivable arepresented net of an allowance for doubtful accounts. There was no provision fordoubtful accounts at September  30, 2005.
**Property and Equipment** - Property and equipment are recorded at cost.Depreciation is provided over the estimated useful lives of the related assetsusing the straight-line method over lives of three to seven years. Repairs andmaintenance are expensed as incurred. Expenditures that increase the value orproduction capacity of assets are capitalized. When property and equipment areretired, sold, or otherwise disposed of, the asset's carrying amount and relatedaccumulated depreciation are removed from the accounts and any gain or loss isincluded in operations.
The Company reviews the carrying value of property and equipment for impairmentwhenever events and circumstances indicate that the carrying value of an assetmay not be recoverable from the estimated future cash flows expected to resultfrom its use and eventual disposition. In cases where undiscounted expectedfuture cash flows are less than the carrying value, an impairment loss isrecognized equal to an amount by which the carrying value exceeds the fair valueof assets. The factors considered by management in performing this assessmentinclude current operating results, trends, and prospects, as well as the effectsof obsolescence, demand, competition, and other economic factors.
**Software** - The Company will begin amortizing the cost of its proprietarysoftware over a period of sixty months once the software becomes fullyoperational. The Company evaluates the recoverability of identifiable intangibleassets on an annual basis. The Company measures the carrying amount of the assetagainst the estimated undiscounted future cash flows associated with it. Shouldthe sum of the expected future net cash flows be less than the carrying value ofthe asset being evaluated, an impairment loss would be recognized. Theevaluation of asset impairment requires the Company to make assumptions aboutfuture cash flows over the life of the asset being evaluated. These assumptionsrequire significant judgment and actual results may differ from assumed andestimated amounts. The Company had not recognized any impairment losses on itssoftware of as June 30, 2005.
**Revenue Recognition** - Revenues from trucking services are recognized atthe time the services are performed.  Issuance of Common Stock - Theissuance of common stock for other than cash is recorded by the Company atmanagement's estimate of the fair value of the assets acquired or servicesrendered.  ******7**   

THE FURIA ORGANIZATION, INC. AND SUBSIDIARIESNOTES TO CONSOLIDATED FINANCIALSTATEMENTSSEPTEMBER 30, 2005
**NOTE 3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - continued**
**Income Taxes** - Deferred tax assets and liabilities are recognized for thefuture tax consequences attributable to  differences between the financialstatement carrying amounts of existing assets and liabilities and theirrespective tax  bases. Deferred tax assets, including tax loss and creditcarryforwards, and liabilities are measured using enacted tax  rates expected toapply to taxable income in the years in which those temporary differences areexpected to be  recovered or settled. The effect on deferred tax assets andliabilities of a change in tax rates is recognized in income  in the period thatincludes the enactment date. Deferred income tax expense represents the changeduring the period in the deferred tax assets and deferred tax liabilities. Thecomponents of the deferred tax  assets and liabilities are individuallyclassified as current and non-current based on their characteristics. Deferredtax  assets are reduced by a valuation allowance when, in the opinion ofmanagement, it is more likely than not that some  portion or all of the deferredtax assets will not be realized. The Company has a deferred tax asset atSeptember 30, 2005 and June 30, 2005 of approximately $820,000 and $150,000,respectively,  arising from net operation losses, all of which are fullyreserved for financial reporting  purposes.    ****
**Loss or Gain Per Share** - Basic net loss or gain per common share has beencomputed based on the weighted  average number of shares of common stockoutstanding during the periods presented. Convertible preferred stock  discussedin the notes to the consolidated financial statements were not included in thecalculation of the diluted loss  per share because their inclusion would havehad the effect of decreasing the loss per share otherwise computed.  
**Comprehensive Income -** Comprehensive income (loss) and net income (loss)are the same for the Company.  
**Fair Value of Financial Instruments** - The condensed consolidatedfinancial statements include various estimated  fair value information atSeptember 30, 2005, as required by Statement of Financial Accounting Standards107,  "Disclosures about Fair Value of Financial Instruments." Such information,which pertains to the Company's  financial instruments, is based on therequirements set forth in that Statement and does not purport to represent theaggregate net fair value to the Company.  ****
**Concentration of Credit Risk** - Two major customers account forapproximately 80% of the Company's sales  revenues.  ****
**Advertising Costs -** The Company expenses non-direct advertising costs asincurred. The Company did not incur  any direct response advertising costs forthe three months ended September 30, 2005 and 2004.  ****
**Stock Based Compensation -** The Company accounts for equity instrumentsissued to employees for services based  on the fair value of the equityinstruments issued and accounts for equity instruments issued to other thanemployees  based on the fair value of the  consideration received or the fairvalue of the equity instruments, whichever is more  reliably measurable. Thedetermined value is recognized as an expense in the accompanying consolidatedstatements  of operations.  ****
**Recently Issued Accounting Standards** - In November 2004, the FASB issuedSFAS No. 151 "Inventory Costs -  an  amendment of ARB No. 43, Chapter 4".Statement No. 151 requires that certain abnormal costs associated with  themanufacturing, freight, and handling costs associated with inventory be chargedto current operations in the  period in which they are incurred. The adoption ofSFAS 151 had no impact on the Company's financial position,  results ofoperations, or cash flows.   
In December 2004, the FASB issued SFAS No. 153 "Exchanges of Non-monetaryAssets-amendment of APB  Opinion No. 29". Statement 153 eliminates the exceptionto fair value for exchanges of similar productive assets and  replaces it with ageneral exception for exchange transactions that do not have commercialsubstance, defined as  transactions that are not expected to result insignificant changes in the cash flows of the reporting entity. This  statementis effective for exchanges of non-monetary assets occurring after June 15, 2005.The adoption of SFAS  153 had no impact on the Company's financial position,results of operations, or cash flows.   
In December 2004, the FASB issued SFAS No. 123R, "Share-Based Payment". SFAS No.123R is a revision of  SFAS No. 123, "Accounting for Stock Based Compensation",and supersedes APB 25. Among other items, SFAS  123R eliminates the use of APB25 and the intrinsic value method of accounting, and requires companies torecognize the cost of employee services received in exchange for awards ofequity instruments, based on the grant  date fair value of those awards, in thefinancial statements. The effective date of SFAS 123R is the first reportingperiod beginning after June 15, 2005, which is the Company's fourth quarter2005, although early adoption is  allowed. The Company does not expect thisstatement to have a material effect on its reporting.   **8**   
THE FURIA ORGANIZATION, INC. AND SUBSIDIARIESNOTES TO CONSOLIDATED FINANCIALSTATEMENTSSEPTEMBER 30, 2005
**NOTE 3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - continued**
In May 2005, the FASB issued SFAS No. 154, "Accounting Changes and ErrorCorrections - a replacement of APB  Opinion No. 20 and FASB Statement No. 3."Statement 154 requires retrospective application to prior periods'  financialstatements of changes in accounting principle, unless it is impracticable todetermine either the period specific effects or the cumulative effect of thechange. The statement is effective for accounting changes and  corrections oferrors made in fiscal years beginning after December 15, 2005. The Company doesnot expect this  statement to have a material effect on its reporting. 
**NOTE 4 - ACCOUNT RECEIVABLE - EMPLOYEE**
As of September 30, 2005, the Company had a receivable from an officer of theCompany in the amount of  $517.  The receivable was paid in full subsequent toSeptember 30, 2005.  ****
**NOTE 5 - PROPERTY AND EQUIPMENT**  Property and equipment consisted of thefollowing:
 
September 30,
June 30,  
2005
2005 
Telephone equipment                   

$  60,334      
$  60,334  
Office furniture and equipment          

118,235    
117,252  
Security equipment                          

30,875       
30,875   
Vehicles                                   

63,549
63,549 
       

272,993      
272,010 
Less depreciation               

( 38,047)   
( 25,533 
Net property and equipment            

$ 233,962
$246,477 

**NOTE 6 - LOAN PAYABLE**  Loan payable consists of a non-interest bearing,short-term loan outstanding for $121,655. The loan is for the purchase ofLoadsource, Inc. and is secured by software.   
**NOTE 7 - OPERATING LEASES**   The Company leases automobiles and officefacilities for various terms under long-term, non-cancelable operating leaseagreements. The leases expire at various dates through 2009. In the normalcourse of business, it is expected that these leases will be renewed or replacedby leases on other properties.  ****
**NOTE 8 - NET LOSS PER SHARE**  Basic and diluted earnings per share (EPS)are calculated in accordance with FASB Statement No. 128, Earnings per Share.For the three months ended September 30, 2005, the net loss per share applicableto common stock has been computed by dividing the net loss by the weightedaverage number of common shares outstanding. 

Net (Loss)     

 $ (2,683,960)
 

 

Weighted average common shares outstanding - Basic and diluted     

 53,200,321
 

 

Net loss per common share - basic and diluted     

 $ (.05)
 

 

250,000 shares of preferred stock which whose conditions for conversion intocommon stock and 250,000 shares of contingently convertible preferred stock werenot included in the computation of diluted earnings per share because the effectof including these shares would have been anti-dilutive.    
**NOTE 9 - RELATED PARTY TRANSACTIONS**  The Company's majority shareholder,Chairman and Chief Executive Office Michael Alexander acquired his position inthe Company as the result of the acquisition of Fronthaul, Inc. as described inNote 14 below.   On August 26, 2004, Furia acquired 100% of the issued andoutstanding, from Michael D. Alexander, the currect director and Chief ExecutiveOfficer of Furia. As consideration for this acquisition, Furia issued 20,000,000shares of its Common Stock and 500,000 shares of its convertible PreferredStock. **9**   
THE FURIA ORGANIZATION, INC. AND SUBSIDIARIESNOTES TO CONSOLIDATED FINANCIALSTATEMENTSSEPTEMBER 30, 2005
**NOTE 9 - RELATED PARTY TRANSACTIONS - continued**
During March 2005, Furia issued 5,154,780 restricted shares of its Common Stockto Michael D. Alexander, the director and Chief Executive Officer of Furia,consistent with the terms of his employment agreement with Furia which providesthat his stock ownership of Furia wil not be less than 60% of the total issuedand outstanding Common Stock of Furia.  ****
**NOTE 10 - INCOME TAX**  The Company accounts for income taxes underthe provisions of Statement of Financial Accounting Standards No. 109,"Accounting for Income Taxes". This standard requires, among other things,recognition of future tax consequences, measured by enacted tax ratesattributable to taxable and deductible temporary differences between financialstatement and income tax bases of assets and liabilities. Valuation allowancesare established, when necessary, to reduce deferred tax assets to the amountexpected to be realized. Income tax expense is the tax payable for the periodand the change during the period in the deferred tax asset andliability.Temporary differences between the financial statement carrying amountsand tax basis of assets and liabilities did not give rise to significantportions of deferred taxes at June 30, 2005 and 2004.  
The (provision) benefit for income tax consist of the following:
 
2005
2004 
Current                                

$ -0-
$ -0- 
Deferred                             

  -0-

  -0-
  
$ -0-

$ -0-
 

The Company's utilization of any tax loss carryforward available to it will besignificantly limited under Internal Revenue Code Section 382, if not totally,by recent stock issuances and changes in control. The Company has established a100% valuation allowance until such time as it is decided that any tax losscarryforwards might be available to it. The Company accounts for income taxespursuant to the Statement of Financial Accounting Standards No.109. The Companyhas no current or Deferred income tax component. For the three months endedSeptember 30, 2005, the valuation allowance increased by approximately $670,000to a total of $820,000.  ****
**NOTE 11 - CAPITAL STOCK**
The Company has authorized 200,000,000 common shares with a par value of $0.001per share. Each common share entitles the holder to one vote, in person orproxy, on any matter on which action of the stockholders of the corporation issought.   
On July 2, 2004, stockholders owning approximately 79% of the issued andoutstanding Common Stock of the Company, signed written consents, approving anAmendment to the Certificate of Incorporation of the Company which reverse splitits outstanding Common Shares one-for-five and changed the number of shares ofcommon stock the Company is authorized to issue to 200,000,000, par value of$.001. The reverse split became effective on August 17, 2004.   
On August 26, 2004, Furia completed the acquisition of Fronthaul, Inc., aprivately held Nevada corporation ("Fronthaul"). Furia entered into a definitiveacquisition agreement with Fronthaul and its principal shareholders to acquireall of the capital stock of Fronthaul in exchange for the issuance of common andpreferred stock of Furia. As a result of the transaction, Fronthaul became awholly-owned subsidiary of Furia. Fronthaul was incorporated on June 9, 2004.Fronthaul is an Internet-based, business-to-business information exchange, whichprovides a centralized database of freight load information accessible by anyenabled wireless device or through the Internet. Its objective is to integratethe existing freight industry players with wireless and Internet technologies,creating a dynamic real-time communication exchange for the transportationindustry. At the closing, an aggregate of 20,000,000 shares of Furia's CommonStock and 500,000 shares of its Preferred Stock were authorized for issuance tothe shareholders of Fronthaul. The Common Stock issued to the shareholders ofFronthaul represented 69.6% of the 28,742,842 shares of its then outstandingpost-closing Common Stock.
For the year ending June 30, 2005, additional 17,479,879 shares of common stockwere issued resulting in additional paid-in capital of $1,434,040. This resultedin a total of 46,222,721 shares outstanding with a par value of $ 46,223.  Forthe three months ended September 30, 2005, an additional 14,380,000 shares ofcommon stock were issued for consulting services, which the Company valued at$2,448,050.    **10**   
THE FURIA ORGANIZATION, INC. AND SUBSIDIARIESNOTES TO CONSOLIDATED FINANCIALSTATEMENTSSEPTEMBER 30, 2005
**NOTE 12 - PREFERRED STOCK**
The Articles of Incorporation of the Company authorize issuance of a maximum of5,000,000 shares of nonvoting preferred stock with a par value of $0.001 pershare. The Articles of Incorporation grant the Board of Directors of the Companyauthority to determine the designations, preferences, and relativeparticipating, optional or other special rights of any preferred stock issued.No preferred shares had been issued as of June 30, 2004.  Furia has issued500,000 shares of its convertible preferred stock in connection with theacquisition of Fronthaul Inc. in August 2004. Each outstanding share ofpreferred stock is convertible into 100 shares of the Common Stock of Furia, foran aggregate of 50,000,000 shares of Common Stock. See Note 14 - Acquisitionsfor a discussion of the conversion features.   Based on the Company's revenuesas of June 30, 2005, 50% of the Company's outstanding preferred shares, or250,000 shares, were convertible into the Company's common stock at a rate of100 common shares per preferred share.    
**NOTE 13 - COMMITMENTS AND CONTINGENCIES**
Facilities Space Lease     
The Company entered into a lease for office space on in August 2004 located at2233 Ridge Road, Rockwall, Texas 75087, Unit 102, Building B for a period of 12months, with a right to renew for three additional 12 month periods. The annualrent is $ 31,986, and the building common charges are $ 668 per month. For thethree months ended September 30, 2005 and 2004, the amount expensed for thisoffice space lease was $10,000 and $ 6,667, respectively.   
Future lease payments due during the years ended June 30, 2006, 2007 and 2008 is$40,000 per year, assuming that the lease is renewed each year.  
Vehicle Lease   
The Company leased a 2005 Cadillac from GMAC, Inc. for a term of 48 months. Theinitial payment was $ 2,000 and the 47 remaining monthly payments are $ 931.48.The Company has the option of acquiring the vehicle at the end of the term for $27,289.  For the three months ended September 30, 2005, the amount paid on thelease was $2,795.  
Employment Agreements   
Mr. Mike Alexander is employed pursuant to a five-year employment agreement thatcommenced on August 28, 2004. The agreement provides for a base annual a salaryof $150,000 per year and a bonus of 20% to 50% per year as determined by theBoard of Directors based upon the performance of Furia, and the use of avehicle. The agreement also provides that the number of shares of Common Stockof Furia shall never be less than sixty percent (60%) of the total issued andoutstanding Common Stock at any time. The agreement also provides for hisindemnification against any and all claims and demands, including court costsand reasonable attorneys' fees that may arise out of his services to Furia. Theagreement is cancelable by Furia upon 60 days written notice.
**NOTE 14 - ACQUISITIONS******
**Fronthaul, Inc.**
On August 26, 2004, the Company completed the acquisition of Fronthaul, Inc., aprivately held Nevada corporation ("Fronthaul"). The Company entered into adefinitive acquisition agreement with Fronthaul and its principal shareholdersto acquire all of the capital stock of Fronthaul in exchange for the issuance ofcommon and preferred stock of the Company. As a result of the transaction,Fronthaul became a wholly-owned subsidiary of the Company. Fronthaul wasincorporated on June 9, 2004. Fronthaul is an Internet-based,business-to-business information exchange, which provides a centralized databaseof freight load information accessible by any enabled wireless device or throughthe Internet. Its objective is to integrate the existing freight industryplayers with wireless and Internet technologies, creating a dynamic real-timecommunication exchange for the transportation industry. At the closing, anaggregate of 20,000,000 shares of the Company's common stock and 500,000 sharesof its preferred stock were authorized for issuance to the shareholders ofFronthaul. The Common Stock issued to the shareholders of Fronthaul represented69.6% of the 28,742,842 shares of its then outstanding post-closing CommonStock. The Preferred Stock issued to the Fronthaul shareholders is convertible,at the option of the holders, into shares of Furia's Common Stock at the rate of100 shares of Common Stock for each share of Preferred Stock.**11**   
THE FURIA ORGANIZATION, INC. AND SUBSIDIARIESNOTES TO CONSOLIDATED FINANCIALSTATEMENTSSEPTEMBER 30, 2005
**NOTE 14 - ACQUISITIONS Continued**
Such right of conversion is based upon the following formula: 

1)

If the Company earns revenues of at least $250,000 within twelve (12) monthsfrom the date of acquisition, an aggregate of 25% of the Preferred Stock may beconverted;

 

 

2)

If the Company earns revenues of at least $500,000 within twelve (12) monthsfrom the date of acquisition, an aggregate of 50% of the Preferred Stock may beconverted.

 

 

3)

If the Company earns revenues of $750,000 or more within twelve (12) months fromthe date of acquisition, 100% of the Preferred Stock may be converted.

 

On the one year anniversary from the date of acquisition ("Anniversary Date"),should the Company fail to achieve any or all of the revenue thresholds, theCompany shall redeem the unconverted Preferred Stock at a price of $.50 pershare. Should the Company fail to redeem any or all of the unconverted PreferredStock within 30 days from the Anniversary Date, then the shareholder, withoutregard to the revenue requirements set forth above may, at any time thereafter,convert the Preferred Stock to Common Stock as described above.   
On September 1, 2004, the Company completed the acquisition of Loadsource, Inc.,a privately held Tennessee corporation ("Loadsource"). Furia entered into adefinitive acquisition agreement with Loadsource and its principal shareholdersto acquire all of the issued and outstanding capital shares of Loadsource forthe aggregate sum of $311,580. The capital shares of Loadsource have beentransferred to Furia and the transaction to become consummated at the completionof financing or a suitable conclusion for all parties.    
**NOTE 15 - STOCK BONUS PLAN**  
Stock Bonus Plan Effective August 16, 2005, Furia adopted and approved its 2005Incentive Stock Plan (the "Plan"), which reserved 10,000,000 shares of itsCommon Stock for issuance under the Plan. The Plan allows us to issue awards ofincentive and non-qualified stock options, stock appreciation rights, and stockbonuses to consultants of Furia, which may be subject to restrictions.
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATIONS  
General  
The Furia Organization, Inc. (the "Company) was incorporated in the State ofDelaware on June 26, 1984, with the corporate name of "Furia, OringerProductions, Inc.", for the purpose of writing and producing television programsand motion pictures. The Company changed its corporate name to The FuriaOrganization, Inc. on December 12, 1986. In 1989, the Company transferred andassigned its entertainment assets and became inactive.  
In 1993, Madison Fashions, Inc. was merged into a wholly owned subsidiary of theCompany, and the Company engaged in the apparel business until April 1994 whenit ceased operations and began to seek a merger or other reorganizationopportunity.  
On August 26, 2004, the Company merged with Fronthaul, Inc., a Nevadacorporation ("Fronthaul"). The Company entered into a definitive acquisitionagreement with Fronthaul and its sole shareholder to acquire all of the capitalstock of Fronthaul in exchange for the issuance of common and preferred stock ofthe Company. Fronthaul was incorporated on June 9, 2004. Fronthaul is anInternet-based, business-to-business information exchange which provides acentralized database of freight load information accessible by any enabledwireless device or through the Internet. Its objective is to integrate theexisting freight industry business with wireless and internet technologies,creating a dynamic, real time communication exchange for the transportationindustry. As a result of the transaction, Fronthaul became a wholly-ownedsubsidiary of the Company. At the closing, an aggregate of 20,000,000 post-splitshares of the Company's Common Stock and 500,000 shares of the Company's SeriesA Convertible Preferred Stock were authorized for issuance to the shareholder ofFronthaul. For financial reporting purposes, this transaction was treated as arecapitalization of Fronthaul, Inc.  **12**   

ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATIONS Continued
On September 1, 2004, Fronthaul acquired 100% of the outstanding stock ofLoadsource, Inc., a Tennessee corporation, for $311,580 from its unaffiliatedshareholders. As a result, Loadsource, Inc. has become a wholly-owned subsidiaryof the Company. Loadsource, Inc.'s sole asset was certain proprietary software.
Three months ended September 30, 2005 compared with three months ended September30, 2004  
Revenues.  The Company had revenues of $79,914 during the quarter endedSeptember 30, 2005, compared to revenues of $1,000 in the quarter endedSeptember 30, 2004. The increase in revenues is due to the commencement oftrucking activities.  
Cost of operations. The Company had cost of operations of $86,531 during thequarter ended September 30, 2005, compared to cost of operations of $0 in thequarter ended September 30, 2004. This increase is due to the cost related totrucking activities.  
Selling, General and Administrative Expenses. General and administrativeexpenses increased to $2,664,086 in the three month period ended September 30,2005, from $180,758 in the three month period ended September 30, 2004. Thisincrease is principally attributable to consulting fees of $2,448,050 andadditional administrative expenses incurred related to the acquisition ofvarious subsidiaries and accompanying trucking operations.  
Interest and Financing Fees. The Company incurred interest and financing fees of$743 during the quarter ended September 30, 2005.  
Results of Operations. The net loss of the Company increased to $(2,683,960)during the three month period ended September 30, 2005, as compared with a lossof $(179,758) during the same period of 2004, an increase that was due primarilyto consulting fees of $2,448,050 and additional administrative expenses incurredrelated to the acquisition of various subsidiaries and accompanying truckingoperations. The Company had no trucking operations in the three months endedSeptember 30, 2004.
The following table sets forth certain operating information regarding theCompany for the three months ended September 30, 2005 and 2004:

       

Three Months Ended September 30 
       

2005

2004
  
(unaudited) 
Revenues                                 

$     79,914     
$    1,000  
Cost of operations                     

$     86,531   
--  
Total operating expenses             

$  2,676,600  
$  180,758  
Net Profit (Loss)                          

$(2,683,960)  
$ (179,758)  
Net income (loss) per share              

$      (.05)  
$     (.01)    

Capital Expenditures, Capital Resources and Liquidity  
The following summary table (unaudited) presents comparative cash flows of theCompany for the periods indicated.

       

Three Months Ended September 30
 
       

2005

2004
 
       
   
       

(Unaudited) 
Net cash provided by (used in) operating   activities

$   (108,272)  
$ (179,758)  
Net cash provided by (used in) investing   activities

$      1,863    
$  (42,536)  
Net cash provided by (used in) financing   activities

$     (2,143)  
$  239,265   
**13**   

Capital Expenditures and Liquidity and Capital Resources. The Company's capitalresources have historically been provided by the sale of its Common Stock and byshort-term loans.  
The Company intends to raise additional capital through an offering of itsCommon Stock or other securities to provide additional working capital to fundfuture operations.  
At September 30, 2005, the Company had current assets of $56,960, and currentliabilities of $312,708, resulting in a working capital deficit of $(255,748).
Net cash used in operating activities decreased $71,486 for the three monthsended September 30, 2005 to $108,272, from $179,758 for the three months endedSeptember 30, 2004. The decrease in net cash used in operating activities wasdue primarily to the increase in accounts payable and advances from a relatedparty.  
Contractual Obligations        
The following table is a summary of the Company's contractual obligations as ofSeptember 30, 2005
  
Less Than    
Total
One Year
1-3 Years
Thereafter       
Operating Leases 

$ 148,854
$  47,214
$ 101,640
-- 
Other Long-Term   Obligations   

$  72,710
$  14,761
$  57,949
-- 
Total contractual   obligations  

$ 221,564
$  61,975
$ 159,589
-- 
**14**   

        IN ADDITION TO HISTORICALINFORMATION, MANAGEMENT'S DISCUSSION AND ANALYSIS INCLUDES CERTAINFORWARD-LOOKING STATEMENTS, INCLUDING, BUT NOT LIMITED TO, THOSE RELATED TO THEGROWTH AND STRATEGIES, FUTURE OPERATING RESULTS AND FINANCIAL POSITION AS WELLAS ECONOMIC AND MARKET EVENTS AND TRENDS OF THE COMPANY. ALL FORWARD-LOOKINGSTATEMENTS MADE BY THE COMPANY, INCLUDING SUCH STATEMENTS HEREIN, INCLUDEMATERIAL RISKS AND UNCERTAINTIES AND ARE SUBJECT TO CHANGE BASED ON FACTORSBEYOND THE CONTROL OF THE COMPANY. ACCORDINGLY, THE COMPANY'S ACTUAL RESULTS ANDFINANCIAL POSITION COULD DIFFER MATERIALLY FROM THOSE EXPRESSED OR IMPLIED INANY FORWARD-LOOKING STATEMENT AS A RESULT OF VARIOUS FACTORS, INCLUDING WITHOUTLIMITATION FACTORS DESCRIBED IN THE COMPANY'S FILINGS WITH THE SECURITIES ANDEXCHANGE COMMISSION REGARDING RISKS AFFECTING THE COMPANY'S FINANCIAL CONDITIONAND RESULTS OF OPERATIONS
ITEM 3. CONTROLS AND PROCEDURES
               The Company's Chief ExecutiveOfficer/President and its chief financial officer/principal accounting officer(collectively, the "Certifying Officer") is responsible for establishing andmaintaining disclosure controls and procedures for the Company. Such officer hasconcluded (based upon his evaluation of these controls and procedures as of adate within 90 days of the filing of this report) that the Company's disclosurecontrols and procedures are effective to ensure that information required to bedisclosed by the Company in this report is accumulated and communicated to theCompany's management, including its principal executive officers as appropriate,to allow timely decisions regarding required disclosure. The Certifying Officeralso has indicated that there were no significant changes in the Company'sinternal controls or other factors that could significantly affect such controlssubsequent to the date of his evaluation, and that there were no correctiveactions necessary with regard to any significant deficiencies and materialweaknesses. 
PART II - OTHER INFORMATION
ITEM 1. LEGAL PROCEEDINGS
       N/A   
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OFPROCEEDS        
       On July 13, 2005, the Company issued2,500,000 shares of its restricted common stock for consulting services to DavePerley (1,500,000 shares) and to JMS Construction (1,000,000 shares) in relianceupon Section 4(2) under the Securities Act of 1933.        
       On July 14, 2005, the Company issued2,500,000 shares of its restricted common stock for consulting services toDeerleases.com.inc (1,500,000 shares) and to SMJ Foundation 2004 IrrevocableTrust (1,000,000 shares) in reliance upon Section 4(2) under the Securities Actof 1933.        
       The Company issued a total of 180,000shares of its restricted Common Stock on July 21, 2005 for consulting services,specifically to Carmelo Troccoli (90,000), VFinance Investments (40,000 shares),Jonathan C. Rich (40,000 shares) and Vincent Calicchia (10,000 shares) inreliance upon Section 4(2) under the Securities Act of 1933.   
ITEM 3. DEFAULTS UPON SENIOR SECURITIES
       N/A    
ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS
       N/A   
ITEMS 5. OTHER INFORMATION
       N/A**15**   

ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K

(a)

Exhibits.        
 
3.1   
The Certificate of Incorporation of the Company is incorporatedherein by reference to Exhibit 3(A) to the Form 10 registrationstatement of the Company effective May 14, 1985 (File No. 2-94266).        
  
3.2  
A Certificate of Amendment to the Certificate of Incorporation isincorporated herein by reference to Exhibit 3.2 to the Form 10-KSBannual report of the Company for its fiscal year ended June 30,1997.        
  
3.3  
A Certificate of Amendment to the Articles of Incorporation datedAugust 19, 2004, is incorporated herein by reference to Exhibit 3.3to the Company's Form 10-QSB/A quarterly report for the period endedSeptember 30, 2004, filed on April 14, 2005.        
  
3.4  
Bylaws are incorporated herein by reference to Exhibit 3(b) to theForm 10 registration statement of the Company effective May 14, 1985(File No. 2-94266).        
  
10.1  
2005 Stock Option, SAR and Stock Bonus Consultant Plan dated August16, 2005 is incorporated herein by reference to Exhibit 10.1 to theForm S-8 registration statement of the Company filed on August 23,2005 (File No. 333-127789).        
  
31.1
Certification of Michael D. Alexander        
  
32.1
  Certification of Michael D. Alexander
 
 (b)

Reports on Form 8-K
 
  

On October 5, 2005, the Company filed a Form 8-K current report       (Item1.01) concerning a Master Vehicle Lease Agreement with Central       StatesLeasing, Inc. dated September 28, 2005, regarding the leasing of       trucksand trailers.              
  
  

On October 28, 2005, the Company filed a Form 8-K current report       (Item4.01) regarding a change in the independent registered public       accountingfirm of the Company from Lawrence Scharfman & Co., CPA, P.C. toMurrell, Hall, McIntosh & Co., PLLP, effective October 24, 2005.
 

       SIGNATURES
       In accordance with the requirements ofthe Exchange Act, the registrant caused this report to be signed on its behalfby the undersigned, thereunto duly authorized.
 
The Furia Organization, Inc.

Date: February 2, 2006

By: /s/ Michael D. Alexander
  
Michael D. Alexander
 
Chief Executive Officer

**16**   

EXHIBIT 31.1
CERTIFICATION
I, Michael D. Alexander, certify that:  

  1.

I have reviewed this Form 10-QSB/A quarterly report for the period endedSeptember 30, 2005, of The Furia Organization, Inc.  
  
  2.

Based on my knowledge, this report does not contain any untrue statementof a material fact or omit to state a material fact necessary to make thestatements made, in light of the circumstances under which such statementswere made, not misleading with respect to the period covered by thisquarterly report;  
  
  3.

Based on my knowledge, the financial statements, and other financialinformation included in this report, fairly present in all materialrespects the financial condition, results of operations and cash flows ofthe registrant as of, and for, the periods presented in this report;  
  
  4.

The registrant's other certifying officers and I are responsible forestablishing and maintaining disclosure controls and procedures (asdefined in Exchange Act Rules 13a-14 and 15d-14) for the registrant andhave:        
  
  a)
designed such disclosure controls and procedures to ensure thatmaterial information relating to the registrant, including itsconsolidated subsidiaries, is made known to us by others withinthose entities, particularly during the period in which this annual   report isbeing prepared; 
  
  b)
evaluated the effectiveness of the registrant's disclosure controls  andprocedures as of a date within 90 days prior to the filing date of this annualreport (the "Evaluation Date"); and 
  
  c)
presented in this report our conclusions about the effectiveness of thedisclosure controls and procedures based on our evaluation as of  the EvaluationDate;  
 
5. 

I have disclosed, based on our most recent evaluation, to the registrant'sauditors and the audit committee of registrant's board of directors (or personsperforming the equivalent functions):
 
  a)
all significant deficiencies in the design or operation of internalcontrols which could adversely affect the registrant's ability to  record,process, summarize and report financial data and have identified for theregistrant's auditors any material weaknesses in  internal controls; and
  
  b) 
any fraud, whether or not material, that involves management or other employeeswho have a significant role in the registrant's internal controls; and
 
6.

The registrant's other certifying officers and I have indicated in thisreport whether or not there were significant changes in internal controlsor in other factors that could significantly affect internal controlssubsequent to the date of our most recent evaluation, including anycorrective actions with regard to significant deficiencies and materialweaknesses.  
 

Date: February 2, 2006

 /s/ Michael D. Alexander
 
Michael D. Alexander

Chief Executive Officer

**17**   
       Exhibit 32.1
CERTIFICATION PURSUANT TO 18 U.S.C., ss.1350 AS ADOPTEDPURSUANT TO SECTION906 OF THE SARBANES-OXLEY ACT OF 2002
               In connection with thequarterly report on Form 10-QSB/A of The Furia Organization, Inc. (the"Company") for the quarter ended September 30, 2005, as filed with theSecurities and Exchange Commission on the date hereof (the "Report"), theundersigned Chief Executive Officer and Treasurer and principal financial andaccounting officer of the Company, hereby certifies pursuant to 18 U.S.C.ss.1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002,that:        1. The Report fully complies with the requirements of Section 13(a)or 15(d) of the Securities Exchange Act of 1934; and        2. The informationcontained in the Report fairly presents in all material respects the financialcondition and results of operations of The Furia Organization, Inc.  
Dated: February 1, 2006

/s/ Michael D. Alexander
 
Michael D. Alexander

Chief Executive Officer

and principal financial and accounting officer