**United
States**
 **Securities
and Exchange Commission**
 **Washington,
D.C. 20549**
 
 **Form
10-QSB**
 
 **x QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF
THE**
 **SECURITIES
EXCHANGE ACT OF 1934**
 
 **For
the quarterly period ended March 31, 2005**
 
 **o TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF
THE**
 **EXCHANGE
ACT**
 
 **For
the transition period from ______________ to
________________**
 
 **Commission
File Number: 0-13910**
 
 **The
Furia Organization, Inc.**
 **(Exact
name of small business issuer as**
 **specified
in its charter)**
 
 
  **Delaware**
    
    **95-3931129****(State
      or other jurisdiction of****incorporation
      or organization)**
    
    **(I.R.S.
      Employer Identification No.)**
  
 **2233
Ridge Road, Suite 102, Rockwall, TX 75087**
 **(Address
of principal executive offices)**
 
 **(972)
722-9999**
 **(Issuer's
telephone number, including area code)**
 
 **N/A**
 **(Former
name, former address and former fiscal year, if changed since last
report)**
 
 
 **APPLICABLE
ONLY TO ISSUERS INVOLVED IN BANKRUPTCY**
 **PROCEEDINGS
DURING THE PRECEDING FIVE YEARS**
 
 **Check
whether the registrant filed all documents and reports required to be filed by
Section 12, 13 or 15(d) of the Exchange Act after the distribution of securities
under a plan confirmed by a court.**
 **Yes** **x** **No
o**
 
 **APPLICABLE
ONLY TO CORPORATE ISSUERS**
 
 **State
the number of shares outstanding of each of the issuer's classes of common
equity, as of the latest practicable date: 43,378,381 shares of common
stock as of May 31, 2005.**
 
 **Transitional
Small Business Disclosure Format (check one): Yes** **o** **No x**
 
  
  THE
FURIA ORGANIZATION, INC.
 
 INDEX
  **PART
      I.****FINANCIAL
      INFORMATION****Item
      1.**
    **Financial
      Statements:**Consolidated
      Balance Sheet as of March 31, 2005 (unaudited)
    3Consolidated
      Statements of Operations for the three months and ninemonths
      ended March 31, 2005 and 2004 (unaudited)
    4Consolidated
      Statements of Cash Flows for the three months and ninemonths
      ended March 31, 2005 and 2004 (unaudited)
    5Notes
      to Consolidated Financial Statements
    6Item
      2.
    Management’s
      Discussion and Analysis or Plan of Operations
    10Item
      3.
    Controls
      and Procedures
    11**PART
      II.****OTHER
      INFORMATION**Item
      1.
    Legal
      Proceedings
    12Item
      2.
    Unregistered
      Sales of Equity Securities and Use of Proceeds
    12Item
      3.
    Defaults
      on Senior Securities
    12Item
      4.
    Submission
      of Matters to a Vote of Security Holders
    12Item
      5.
    Other
      Information
    12Item
      6.
    Exhibits
      and Reports on Form 8-K
    12Signatures
    13
   2
 
 ****THE
      FURIA ORGANIZATION, INC.****BALANCE
      SHEET****(Unaudited)****MARCH
      31, 2005**

CONSOLIDATED3/31/2005CURRENT
      ASSETSCASH
    
    
    60,527PREPAID
      EXPENSES
    
    
    0A/R
      - TRADE
    
    
    11,014INTER-COMPANY
    
    
    (0
    )UNDEPOSITED
      FUNDS
    
    
    28,589INVESTMENTS
    
    
    64,049TOTAL
      CURRENT ASSETS
    
    
    164,179PLANT,
      PROPERTY AND EQUIPMENT, NET
    
    
    123,468OTHER
      ASSETS
    
    
    0GOODWILL
    
    
    19,950**TOTAL
      ASSETS**
    
    
    **307,596**CURRENT
      LIABILITIESLOANS
      PAYABLE
    
    
    246,566ACCOUNTS
      PAYABLE
    
    
    90TOTAL
      CURRENT LIABILITIES
    
    
    246,656RETAINED
      EARNINGS
    
    
    13,998OPENING
      BAL EQUITY
    
    
    100NET
      INCOME
    
    
    124,911STOCKHOLDERS'
      DEFICIENCYCommon
      Stock - $.001 par value; 200,000,000 authorized;32,106,357
      issued and outstanding;
    
    
    32,106Preferred
      Stock - $.0001 par value; 50,000,000 authorized;500,000
      issued and outstanding;
    
    
    50ADDITIONAL
      PAID-IN CAPITAL
    
    
    6,756,396DONATED
      CAPITAL
    
    
    14,972ACCUMULATED
      DEFICIT
    
    
    (6,881,593
    )TOTAL
      STOCKHOLDERS' EQUITY (DEFICIENCY)
    
    
    60,940**TOTAL
      LIABILITIES AND STOCKHOLDERS' DEFICIENCY**
    
    
    **307,596**

3**
 ****THE
      FURIA ORGANIZATION, INC.****STATEMENT
      OF OPERATIONS****(Unaudited)****MARCH
      31, 2005**

THREE
      MONTHS
    
    NINE
      MONTHSENDED
    
    ENDED31-Mar
    
    31-Mar2005
    
    2004
    
    2005
    
    2004REVENUE
    
    
    402,733
    
    
    0
    
    
    409,953
    
    
    0TOTAL
      REVENUE
    
    
    402,733
    
    
    0
    
    
    409,953
    
    
    0GENERAL
      & ADMINISTRATIVE EXPENSES
    
    
    277,822
    
    
    0
    
    
    707,479
    
    
    0NET
      PROFIT (LOSS)
    
    
    124,911
    
    
    0
    
    
    (297,526
    )
    
    0GAIN
      (LOSS) PER COMMON SHARE
    
    
    0.00389
    
    
    0.00000
    
    
    (0.00927
    )
    
    0.00000WEIGHTED-AVERAGE
      NUMBER OF COMMON SHARESOUTSTANDING
    
    
    32,106,357
    
    
    0
    
    
    32,106,357
    
    
    0

4


******


**THE
      FURIA ORGANIZATION, INC.****CASH
      FLOW STATEMENT****(Unaudited)******
    ****
    ****
    
    ****
    ****
    ****
    ******MARCH
      31, 2005**


****
    ****
    ****
    ****
    ****
    ********
    ****
    2005
    
    2004NINE
      MONTHS ENDED
    
    NINE
      MONTHS ENDED31-Mar
    
    30-JunUNAUDITED
    
    UNAUDITEDSOURCE
      OF CASH:OPERATIONS
    
    
    124,911ISSUANCE
      OF COMMON STOCK
    
    
    27,735
    
    
    0ISSUANCE
      OF PREFERRED STOCK
    
    
    50
    
    
    0ADDITIONAL
      PAID-IN CAPITAL
    
    
    328,780
    
    
    0INCREASE
      IN RETAINED EARNINGS
    
    
    13,999
    
    
    0ISSUANCE
      OF CAPITAL STOCK
    
    
    100
    
    
    0LOANS
      PAYABLE
    
    
    246,566
    
    
    0INCREASE
      IN ACCOUNTS PAYABLE
    
    
    90
    
    
    0INCREASE
      IN ACCOUNTS RECEIVABLES
    
    
    (11,014
    )
    
    0CASH
      AVAILABLE
    
    
    731,217
    
    
    0APPLICATION
      OF CASH:
    
    
    
    
    
    0UNDEPOSITED
      CASH
    
    
    28,589
    
    
    0INVESTMENT
      IN SECURITIES
    
    
    64,049
    
    
    0PURCHASE
      OF EQUIPMENT
    
    
    123,468
    
    
    0GOOD
      WILL
    
    
    19,950
    
    
    0INCREASE
      IN DEFICIT
    
    
    434,634TOTAL
      CASH APPLIED
    
    
    670,690
    
    
    0INCREASE
      IN CASH
    
    
    60,527
    
    
    0CHANGE
      IN CASH BALANCE:CASH
      BALANCE, 03/31/05
    
    
    60,527
    
    
    0CASH
      BALANCE, 12/31/04
    
    
    0
    
    
    0INCREASE
      (DECREASE) IN CASH
    
    
    60,527
    
    
    0****
    ********
    ****
    ****
    ****
    ****
    ****
    ****
    ****
 
 
 5


****


**THE
FURIA ORGANIZATION, INC.**





**NOTES
TO FINANCIAL STATEMENTS**





**MARCH
31, 2004**


**(UNAUDITED)**




NOTE 1 -
BASIS OF PRESENTATION - The accompanying unaudited condensed consolidated
financial statements have been prepared by the Company in accordance with
generally accepted accounting principles for interim statements and with the
instructions to Form 10-QSB. The information furnished in the interim financial
statements include normal recurring of adjustments and reflects all adjustments
which, in the opinion of management, are necessary for a fair presentation of
such financial statements. Although management believes the disclosures and
information presented are adequate to make the information not misleading, it is
suggested that these interim financial statements be read in conjunction with
the Company’s most recent audited financial statements and notes thereto
included in its June 30, 2004 Annual Report on Form 10-KSB. Operating results
for the nine months ended March 30 are not necessarily indicative of the results
that may be expected for the year ending June 30,
2005.





NOTE 2 -
GOING CONCERN AND MANAGEMENT’S PLANS - The accompanying condensed consolidated
financial statements were prepared using generally accepted accounting
principles applicable to a going concern which contemplates the realization of
assets and liquidation of liabilities in the normal course of business. However,
the Company does not have significant cash or other material assets.





NOTE 3 -
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - The condensed financial statements
include the accounts of Fronthaul, Inc. from the inception of operations in
June, 2004, to March 31, 2005. These statements also include the accounts of
Loadsource Logistics, LLC from September, 2004, to March 31, 2005. All
inter-company balances and transactions have been eliminated in consolidation.





Use of
Estimates - The preparation of condensed consolidated financial statements in
conformity with accounting principles generally accepted in the United States of
America requires management to make estimates and assumptions that affect the
reported amounts of assets and liabilities and disclosure of contingent assets
and liabilities at the date of the consolidated financial statements and the
reported amoaunts of revenues and expenses during the reporting period. Actual
results could differ from those estimates. Property and equipment are recorded
at cost. The costs of additions, leasehold improvements, and betterments are
capitalizaed and expenditures for repairs and maintenance are expensed in the
period incurred. When items of property and equipment are sold or retired, the
related costs and accumulated depreciation are removed from the accounts and any
gain or loss is included in income.





Revenue
Recognition - Revenue recognized by Fronthaul, Inc. and Loadsource Logistics
through March 31, 2005, is revenue from miscellaneous sources.





Income
Taxes - the Company was not required to provide for a provision for income taxes
for the three-month periods ended March 31, 2005 and 2004, as a result of net
operating losses incurred during those periods.





Loss or
Gain Per Share - Basic net loss or gain per common share has been computed based
on the weighted average number of shares of common stock outstanding during the
periods presented.. Convertible preferred stock discussed in the notes to the
consolidated financial statements were not included in the calculation of the
diluted loss per share because their inclusion would have had the effect of
decreasing the loss per share otherwise computed.





6





Fair
Value of Financial Instruments - The condensed consolidated financial statements
include various estimated fair value information at March 31, 2005, as required
by Statement of Financial Accounting Standards 107, “Disclosures about Fair
Value of Financial Instruments.” Such information, which pertains to the
Company’s financial instruments, is based on the requirements set forth in that
Statement and does not purport to represent the aggregate net fair value to the
Company.





The
following methods and assumptions were used to estimate the fair value of each
class of financial instruments for which it is practicable to estimate that
value:





Investments
and Loans Payable - The carrying amounts approximate fair value because of the
short maturity of those instruments.





All of
the Company’s financial instruments are held for purposes other than trading.





Property
and Equipment - As of March 31, 2005, property and equipment consists of office
equipment, including computers.




NOTE 4 -
LOANS PAYABLE - This consists of short-term advances from friends of the Company
aggregating $246,566.





NOTE 5 -
COMMITMENTS AND CONTINGENCIES -





Lease
Obligations - Premises - 2233 Ridge Road, Rockwall, Texas 75087, Unit 102,
Building B. In August, 2004, the Company entered into a 12-month lease, with a
right to renew for three additional 12-month periods. The annual rent is
$31,986, and the condo common monthly charges are $668.





Vehicle 1
- The Company leased a 2005 Hummer from JMS Construction, Inc. for a term of 48
months. Intiial payment was $14,150, and the remaining 47 monthly payments are
$601. The company has the option of acquiring the vehicle at the end of the term
for $27,932.





Vehicle 2
- The Company leased a 2005 Cadillac from GMAC, Inc. for a term of 48 months.
Intiial 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
$18,288.96.





NOTE 6 -
ACQUSITION - On September 1, 2004, Fronthaul, Inc., in furtherance of its
business plan, entered into agreements with the shareholders of Loadsource, Inc.
to acquire all of the issued and outstanding capital shares of Loadsource, Inc.
for the aggregate sum of $311,580. Under the agreement with the shareholders of
Loadsource, the Company made initial payments to such parties upon the execution
of the agreement and is required to make additional payments on the first day of
October 2004 through February 2005. On March 1, 2005, the balance of the
payments (representing 75% of the purchase price) become due and payable, and we
renegotiatied the contract to extend the purchase deadline an additional
six months.





The
following discussion of the Company’s consolidated financial condition and
results of operations should be read in connection with the Company’s condensed
consolidated financial statements and notes thereto appearing elsewhere herein.
Factors that could cause or contribute to differences from the consolidated
financial statements include, but are not limited to, risks and uncertainties
related to the need for additional funds, any change in the operations of the
Company, and the ability of the Company to operate profitably after its
developmental stage is completed.





7





Three
months ended March 31, 2005 compared with three months ended March 31,
2004





**Revenues.** The
Company received in excess of $400K in revenues during the first quarter while
still in the developmental stages as compared to $0 in 2004.





**General
and Administrative Expenses.** General
and administrative expenses increased to $277,822 in the three month period
ended March 31, 2005, from $0 in 2004. This increase is due principally
attributable to: increased year end audit fees; legal fees for filing patent
applications in India, Canada, United States, Australia, Korea, Japan, China and
The European Regional Patent office; patent litigation expenses; and additional
SEC filing expenses.





**Consulting
Fees.** Fees
paid to consultants by the Company were $62,708 during the three month period
ended March 31, 2005 compared to $0.00 during the three month period ended March
31, 2004..





**Stock-based
Consulting Fees.** The
Company incurred $0 in consulting fees that were paid by issuance of stock. The
Company paid various individuals $0 in the Company’s common stock for
consulting.





**Stock-based
Compensation.** The
Company has not paid any of the Company’s Common stock as compensation under the
terms of his employment contract for the third quarter ended March 31,
2005.





**Interest
and Financing Fees.** The
Company incurred interest and financing fees of $0 during the third quarter of
2005.





**Results
of Operations.** The net
profit of the Company increased to **$** 124,911
during the three month period ended March 31, 2005, as compared with a profit of
$0 during the same period of 2004, an increase that was due primarily to the
company beginning operations.





The
following table sets forth certain operating information regarding the Company
for the three months ended March 31, 2005 and 2004:





Three
      Months EndedMarch
      312005
    
    2004(unaudited)Revenues
    
    $
    402,733
    
    $
    0General
      and Administrative
    
    $
    277,822
    
    $
    0Net
      Profit (Loss)
    
    $
    124,911
    
    $
    0Net
      income (loss) per share
    
    $
    .00389
    
    $
    0





Nine
months ended March 31, 2005 compared with nine months ended March 31,
2004





**Revenues.** The
Company received in excess of $400K in revenues during this nine-month period
and $0 for the same time frame in 2004 while being in the developmental stages.





**General
and Administrative Expenses.** General
and administrative expenses increased to $707,479 in the nine month period ended
March 31, 2005, from $0 in 2004. This increase is principally attributable to
the acquisition of Furia Subsidiaries Fronthaul, Inc, and Loadsource,
Inc.





**Consulting
Fees.** Consulting fees incurred in the operations of the Company increased to $62,708
during the nine month period ended March 31, 2005, from $0 during the nine month
period of 2004 primarily as a result of incurred legal and audit fees.





8





**Results
of Operations.** The net
loss of the Company was $297,526 during the nine-month period ended March 31,
2005, as compared with a loss of $0 during the same period of 2004, and was due
primarily to the acquisition of Furia Subsidiaries Fronthaul, Inc, and
Loadsource, Inc.





The
following table sets forth certain operating information regarding the Company
for the nine months ended March 31, 2005 and 2004:





Nine
      Months EndedMarch
      312005
    
    2004(unaudited)Revenues
    
    $
    409,953
    
    $
    0General
      and administrative expenses
    
    $
    707,479
    
    $
    0Net
      income (loss)
    
    
    ($297,526
    )
    $
    0Net
      income (loss) per share.
    
    
    (.00927
    )
    $
    0





**Capital
Expenditures, Capital Resources and Liquidity**





The
following summary table (unaudited) presents comparative cash flows of the
Company for the periods indicated.




Nine
      Months EndedMarch
      312005
    
    2004(Unaudited)Net
      cash used in operating activities
    
    $
    60,527
    
    $
    0Net
      cash used in investing activities
    
    $
    0
    
    $
    0Net
      cash provided by financing activities
    
    $
    0
    
    $
    0
 ****
 **Capital
Expenditures.** The
Company incurred $123,468 in capital expenditures for office equipment, office
furniture or other fixed assets during the nine-month period ended March 31,
2005.





Liquidity
and Capital Resources. The Company's capital resources have historically been
provided by the sale of its Common Stock and by short-term loans.





The
Company intends to raise additional capital through an offering of its Common
Stock or other securities to provide additional working capital to fund future
operations.





At March
31, 2005, the Company had current assets of $164,179, and current liabilities of
$246,656, resulting in a working capital deficit of $(82,477).





Net cash
used in operating activities increased $60,527
for the nine months ended March 31, 2005, from $ -0- for the nine months ended
March 31, 2004. The increase in net cash used in operating activities was due
primarily to the acquisition of Furia Subsidiaries’ Fronthaul, Inc, and
Loadsource, Inc..








**Item
      3.**
    **Controls
      and Procedures**





The
disclosure controls and procedures of the Company, as defined in Rule 13a-14(c)
and Rule 15d-14(c) under the Securities and Exchange Act of 1934 have been
reviewed and evaluated by the President and by the Secretary and Treasurer of
the Company within 90 days of the filing date of this quarterly report for the
nine month period ended March 31, 2005, and have concluded that the controls and
procedures have been and are effective.





9




There
have been no significant changes in internal controls of the Company or 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.
Item 2. Management’s Discussion
and Analysis or Plan of Operations.





**General**





The Furia
Organization, Inc. (the “Company) was incorporated in the State of Delaware on
June 26, 1984, with the corporate name of “Furia, Oringer Productions, Inc.”,
for the purpose of writing and producing television programs and motion
pictures. The Company changed its corporate name to The Furia Organization, Inc.
on December 12, 1986. In 1989, the Company transferred and assigned its
entertainment assets and became inactive.





In 1993,
Madison Fashions, Inc. was merged into a wholly owned subsidiary of the Company,
and the Company engaged in the apparel business until April 1994 when it ceased
operations and began to seek a merger or other reorganization
opportunity.





On August
26, 2004, the Company completed the acquisition of Fronthaul, Inc., a Nevada
corporation (“Fronthaul”). The Company entered into a definitive acquisition
agreement with Fronthaul and its sole shareholder to acquire all of the capital
stock of Fronthaul in exchange for the issuance of common and preferred stock of
the Company. Fronthaul was incorporated on June 9, 2004. Fronthaul is an
Internet-based, business-to-business information exchange which provides a
centralized database of freight load information accessible by any enabled
wireless device or through the Internet. Its objective is to integrate the
existing freight industry business with wireless and internet technologies,
creating a dynamic, real time communication exchange for the transportation
industry. As a result of the transaction, Fronthaul became a wholly-owned
subsidiary of the Company. At the closing, an aggregate of 20,000,000 post-split
shares of the Company’s Common Stock and 500,000 shares of the Company’s Series
A Convertible Preferred Stock were authorized for issuance to the shareholder of
Fronthaul.





On
September 1, 2004, Fronthaul acquired 100% of the outstanding stock of
Loadsource, Inc., a Tennessee corporation, for $311,580 from its unaffiliated
shareholders, payable on an installment basis under the terms of promissory
notes to the shareholders of Loadsource, Inc. of which $19,996.00 has been paid
as of March 31, 2005, with the balance to have been due on or before March 1,
2005. As a result, Loadsource, Inc. has become a wholly-owned subsidiary of the
Company.





IN
ADDITION TO HISTORICAL INFORMATION, MANAGEMENT’S DISCUSSION AND ANALYSIS
INCLUDES CERTAIN FORWARD-LOOKING STATEMENTS, INCLUDING, BUT NOT LIMITED TO,
THOSE RELATED TO THE GROWTH AND STRATEGIES, FUTURE OPERATING RESULTS AND
FINANCIAL POSITION AS WELL AS ECONOMIC AND MARKET EVENTS AND TRENDS OF THE
COMPANY. ALL FORWARD-LOOKING STATEMENTS MADE BY THE COMPANY, INCLUDING SUCH
STATEMENTS HEREIN, INCLUDE MATERIAL RISKS AND UNCERTAINTIES AND ARE SUBJECT TO
CHANGE BASED ON FACTORS BEYOND THE CONTROL OF THE COMPANY. ACCORDINGLY, THE
COMPANY’S ACTUAL RESULTS AND FINANCIAL POSITION COULD DIFFER MATERIALLY FROM
THOSE EXPRESSED OR IMPLIED IN ANY FORWARD-LOOKING STATEMENT AS A RESULT OF
VARIOUS FACTORS, INCLUDING WITHOUT LIMITATION FACTORS DESCRIBED IN THE COMPANY’S
FILINGS WITH THE SECURITIES AND EXCHANGE COMMISSION REGARDING RISKS AFFECTING
THE COMPANY’S FINANCIAL CONDITION AND RESULTS OF OPERATIONS.


10


Item 3 -
Controls and Procedures.





The
disclosure controls and procedures of the Company, as defined in Rule 13a-14©
and Rule 15d-14© under the Securities and Exchange Act of 1934 have been
reviewed and evaluated by the Chief Executive Officer and Chief Financial
Officer of the Company within 90 days of the filing date of this quarterly
report for the nine month period ended March 31, 2005, and have condlued that
the controls and procedures have been and are effective.





There
have been no siginificant changes in internal controls of the Company or 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.








11




**PART
II - OTHER INFORMATION**





**Item
l. Legal Proceedings**





None.






Item 2. Unregistered Sales of Equity Securities
and Use of Proceeds





**Item
3. Defaults upon Senior Securities**





None





**Item
4. Submission of Matters to a Vote of Security Holders**





None





**Item
5. Other Information.**





Not
applicable.





**Item
      6.**
    **Exhibits
      and Reports on Form 8-K**





(a) Exhibits


10.
    Material
      Contracts10.1
    Contract
      between Michael D. Alexander and The Furia Organization, Inc. dated August
      28, 2004.31.1
    Certification
      of Michael D. Alexander32.1
    Certification
      of Michael D. Alexander





(b)  Reports
on Form 8-K .





On
February 8, 2005 the Company filed a Form 8-K current report concerning the
acquisition of assets Loadsource, Inc.
 On March
17, 2005 the Company filed a Form 8-K current report concerning its change of
its auditor.
 On March
18, 2005 the Company filed a Form 8-K/A current regarding its change of
auditor.





12








**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.





**The Furia
      Organization, Inc.**Date: May 19, 2005
    By:
    /s/ Michael D.
      AlexanderMichael D. Alexander, President and
      Chief
      Financial Officer
      and
      Principal Accounting Officer




13