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**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 September 30, 2006**

**or**

| o  | ** TRANSITION                REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF                1934** |
|---------|----------------------------------------------------------------------------------------------------------------------------|

**For      the transition period from ____________**
**to____________.**

**Commission      File Number 0-23851**

**Centenary      International Corporation**

| **NEVADA**                                     |   | 86-0874841                         |
|------------------------------------------------|--------|------------------------------------|
| (State                or other jurisdiction of |   | (I.R.S.                Employer    |
| incorporation                or organization)  |   | Identification                No.) |

**(011-5411)4811-4040**

**APPLICABLE      ONLY TO CORPORATE ISSUERS**

| **Class**                                    | **Outstanding                as of September 30,                2006** |   |
|----------------------------------------------|------------------------------------------------------------------------|--------|
|                                         |                                                                   |   |
| Common                Stock, $.001 par value | 19,356,200                                                             |   |

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**TABLE      OF CONTENTS**

| Heading                                                                    | Page                                                                                                    |
|----------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------|
|                                                                       |                                                                                                    |   |
|  **PART                  I - FINANCIAL                  INFORMATION** |                                                                                                    |   |
|                                                                       |                                                                                                    |   |   |
| Item                  1.                                                   | Financial                  Statements                                                                   |   | 3 |
|                                                                       |                                                                                                    |   |   |
|                                                                       | Balance                  Sheets - September 30, 2006 (unaudited) and December 31,                  2005 |   | 4 |
|                                                                       |                                                                                                    |   |   |
|                                                                       | Statements                  of Operations - three and nine months ended September 30,                   |   |   |
|                                                                       | 2006                  and 2005 and the period from inception on January 1, 2000 to                      |   |   |
|                                                                       | September                  30, 2006 (unaudited)                                                         |   | 6 |
|                                                                       |                                                                                                    |   |   |
|                                                                       | Statements                  of Cash Flows - nine months ended September 30, 2006 and                    |   |   |
|                                                                       | 2005                  and the period from inception on January 1, 2000 to September                     |   |   |
|                                                                       | 30,                  2006 (unaudited)                                                                   |   | 7 |
|                                                                       |                                                                                                    |   |   |
|                                                                       | Notes                  to Financial Statements                                                          |   | 9 |
|                                                                       |                                                                                                    |   |   |
| Item                  2.                                                   | Management's                  Discussion and Analysis or Plan of Operations                             |   | 10 |
|                                                                       |                                                                                                    |   |   |
| 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.                                                   | Defaults                  Upon Senior Securities                                                        |   | 11 |
|                                                                       |                                                                                                    |   |   |
| Item                  4.                                                   | Submission                  of Matters to a Vote of Security Holders                                    |   | 11 |
|                                                                       |                                                                                                    |   |   |
| Item                  5.                                                   | Other                  Information                                                                      |   | 11 |
|                                                                       |                                                                                                    |   |   |
| Item                  6.                                                   | Exhibits                  and Reports on Form 8-K                                                       |   | 12 |
|                                                                       |                                                                                                    |   |   |
|                                                                       | Signatures                                                                                              |   | 13 |

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**PART      I - FINANCIAL INFORMATION**

**Item      1.**
**Financial      Statements**

----

| **Centenary                  International Corporation** |
|----------------------------------------------------------|
| (A                  Development Stage Company)           |
| Balance                  Sheets                          |

|                                                                |   | September            |       | December                   |   |
|---------------------------------------------------------------------|--------|---------------------------|------------|---------------------------------|--------|
|                                                                |   | 30,                  2006 |       | 31,                  2005  |   |
|                                                                |   | (Unaudited)          |       |                            |   |
| ASSETS                                                              |   |                      |       |                            |   |
| CURRENT                  ASSETS                                     |   |                      |       |                            |   |
|                                                                |   |                      |       |                            |   |
| Cash                                                                |   | $                         | -          |                            | $      | - |   |
|                                                                |   |                      |       |                            |   |   |   |
| Total                  Current Assets                               |   |                      | -          |                            |   | - |   |
|                                                                |   |                      |       |                            |   |   |   |
| TOTAL                  ASSETS                                       |   | $                         | -          |                            | $      | - |   |
|                                                                |   |                      |       |                            |   |   |   |
|                                                                |   |                      |       |                            |   |   |   |
| LIABILITIES                  AND STOCKHOLDERS' EQUITY (DEFICIT)     |   |                      |       |                            |   |   |   |
|                                                                |   |                      |       |                            |   |   |   |
| Accounts                  payable                                   |   | $                         | 23,675     |                            | $      | 8,189 |   |
| Accounts                  payable - related party                   |   |                      | 2,918      |                            |   | - |   |
| Accrued                  interest                                   |   |                      | 12,450     |                            |   | 11,250 |   |
| Payroll                  liabilities                                |   |                      | 75,000     |                            |   | 75,000 |   |
| Notes                  payable                                      |   |                      | 20,000     |                            |   | 20,000 |   |
|                                                                |   |                      |       |                            |   |   |   |
| Total                  Current Liabilities                          |   |                      | 134,043    |                            |   | 114,439 |   |
|                                                                |   |                      |       |                            |   |   |   |
|                                                                |   |                      |       |                            |   |   |   |
| STOCKHOLDERS'                  EQUITY (DEFICIT)                     |   |                      |       |                            |   |   |   |
|                                                                |   |                      |       |                            |   |   |   |
| Common                  stock; 50,000,000 shares authorized,        |   |                      |       |                            |   |   |   |
| at                  $0.001 par value, 19,356,200 shares             |   |                      |       |                            |   |   |   |
| issued                  and outstanding                             |   |                      | 19,356     |                            |   | 19,356 |   |
| Additional                  paid-in capital                         |   |                      | 8,351,802  |                            |   | 8,340,873 |   |
| Deficit                  accumulated prior to the development stage |   |                      | (6,319,106 | )                               |   | (6,319,106 | ) |
| Deficit                  accumulated during the development stage   |   |                      | (2,186,095 | )                               |   | (2,155,562 | ) |
|                                                                |   |                      |       |                            |   |   |   |
| Total                  Stockholders' Equity (Deficit)               |   |                      | (134,043   | )                               |   | (114,439 | ) |
|                                                                |   |                      |       |                            |   |   |   |
| TOTAL                  LIABILITIES AND STOCKHOLDERS'                |   |                      |       |                            |   |   |   |
| EQUITY                  (DEFICIT)                                   |   | $                         | -          |                            | $      | - |   |

----

| **Centenary                  International Corporation** |
|----------------------------------------------------------|
| (A                  Development Stage Company)           |
| Statements                  of Operations (Unaudited)    |

|                                              |   |   |                                 |   |   |                                 |   |   | From                  Inception  |   |
|---------------------------------------------------|--------|--------|--------------------------------------|--------|--------|--------------------------------------|--------|--------|---------------------------------------|--------|
|                                              |   |   | For                  the Three  |   |   | For                  the Nine   |   |   | January                  1,      |   |
|                                              |   |   | Months                  Ended   |   |   | Months                  Ended   |   |   | 2000                  Through    |   |
|                                              |   |   | September                  30,       |   |   | September                  30,  |   |   | September                  30,   |   |
|                                              |   |   | 2006                            |   |   | 2005                            |   |   | 2006                             |   |   | 2005  |   |   | 2006  |   |
|                                              |   |   |                                 |   |   |                                 |   |   |                                  |   |   |   |   |   |   |   |
| REVENUES                                          |   | $      | -                                    |   | $      | -                                    |   | $      | -                                     |   | $ | - |   | $ | - |   |
|                                              |   |   |                                 |   |   |                                 |   |   |                                  |   |   |   |   |   |   |   |
| EXPENSES                                          |   |   |                                 |   |   |                                      |   |   |                                  |   |   |  |   |   |   |   |
|                                              |   |   |                                 |   |   |                                 |   |   |                                  |   |   |   |   |   |   |   |
| General                  and administrative  |   |   | 8,183                                |   |   | 6,250                                |   |   | 29,333                                |   |   | 18,750 |   |   | 293,204 |   |
|                                              |   |   |                                 |   |   |                                      |   |   |                                  |   |   |  |   |   |   |   |
|  Total                  Expenses             |   |   | 8,183                                |   |   | 6,250                                |   |   | 29,333                                |   |   | 18,750 |   |   | 293,204 |   |
|                                              |   |   |                                 |   |   |                                 |   |   |                                  |   |   |   |   |   |   |   |
| OTHER                  INCOME (EXPENSES)          |   |   |                                 |   |   |                                 |   |   |                                  |   |   |   |   |   |   |   |
|                                              |   |   |                                 |   |   |                                 |   |   |                                  |   |   |   |   |   |   |   |
| Other                  income                |   |   | -                                    |   |   | -                                    |   |   | -                                     |   |   | - |   |   | 2,877 |   |
| Interest                  expense            |   |   | (400                                 | )      |   | (11,750                              | )      |   | (1,200                                | )      |   | (35,250 | ) |   | (189,200 | ) |
|                                              |   |   |                                 |   |   |                                 |   |   |                                  |   |   |   |   |   |   |   |
|  Total                  Other Income         |   |   | (400                                 | )      |   | (11,750                              | )      |   | (1,200                                | )      |   | (35,250 | ) |   | (186,323 | ) |
|                                              |   |   |                                 |   |   |                                 |   |   |                                  |   |   |   |   |   |   |   |
| LOSS                  FROM CONTINUING             |   |   |                                 |   |   |                                 |   |   |                                  |   |   |   |   |   |   |   |
| OPERATIONS                                        |   |   | (8,583                               | )      |   | (18,000                              | )      |   | (30,533                               | )      |   | (54,000 | ) |   | (479,527 | ) |
|                                              |   |   |                                 |   |   |                                 |   |   |                                  |   |   |   |   |   |   |   |
| LOSS                  FROM DISCONTINUED           |   |   |                                 |   |   |                                 |   |   |                                  |   |   |   |   |   | - |   |
| OPERATIONS                                        |   |   | -                                    |   |   | -                                    |   |   | -                                     |   |   | - |   |   | (1,706,568 | ) |
|                                              |   |   |                                 |   |   |                                 |   |   |                                  |   |   |   |   |   |   |   |
| NET                  LOSS                         |   | $      | (8,583                               | )      | $      | (18,000                              | )      | $      | (30,533                               | )      | $ | (54,000 | ) | $ | (2,186,095 | ) |
|                                              |   |   |                                 |   |   |                                 |   |   |                                  |   |   |   |   |   |   |   |
|                                              |   |   |                                 |   |   |                                 |   |   |                                  |   |   |   |   |   |   |   |
| BASIC                  LOSS PER SHARE             |   | $      | (0.00                                | )      | $      | (0.00                                | )      | $      | (0.00                                 | )      | $ | (0.00 | ) |   |  |   |
|                                              |   |   |                                 |   |   |                                 |   |   |                                  |   |   |   |   |   |   |   |
|                                              |   |   |                                 |   |   |                                 |   |   |                                  |   |   |   |   |   |   |   |
| WEIGHTED                  AVERAGE                 |   |   |                                 |   |   |                                 |   |   |                                  |   |   |   |   |   |   |   |
| NUMBER                  OF SHARES                 |   |   |                                 |   |   |                                 |   |   |                                  |   |   |   |   |   |   |   |
| OUTSTANDING                                       |   |   | 19,356,200                           |   |   | 19,356,200                           |   |   | 19,356,200                            |   |   | 19,356,200 |   |   |  |   |

----

| **Centenary                  International Corporation** |
|----------------------------------------------------------|
| (A                  Development Stage Company)           |
| Statements                  of Cash Flows (Unaudited)    |

|                                                                                                         |   |                           |    | From                  Inception |   |
|--------------------------------------------------------------------------------------------------------------|--------|--------------------------------|---------|---------------------------------|--------|
|                                                                                                         |   | For                  the Nine  |    | January                  1,     |   |
|                                                                                                         |   | Months                  Ended  |    | 2000                  Through   |   |
|                                                                                                         |   | September                  30, |    | September                  30,  |   |
|                                                                                                         |   | 2006                           |    | 2005                            |   | 2006 |   |
|                                                                                                         |   |                           |    |                            |   |   |   |
| CASH                  FLOWS FROM OPERATING ACTIVITIES                                                        |   |                           |    |                       |   |    |   |
|                                                                                                         |   |                           |    |                       |   |    |   |
| Net                  loss                                                                                    |   | $                              | (30,533 | )                               | $      | (54,000 | ) | $ | (2,177,512 | ) |
|                                                                                                         |   |                           |    |                            |   |   |   |   |   |   |
| Adjustments                  to reconcile net loss to                                                        |   |                           |    |                            |   |   |   |   |   |   |
| net                  cash used by operating activities:                                                      |   |                           |    |                            |   |   |   |   |   |   |
| Discountinued                  operations                                                                    |   |                           | -       |                            |   | - |   |   | 2,677,112 |   |
| Gain                  on expiration of debt                                                                  |   |                           | -       |                            |   | - |   |   | (970,544 | ) |
| Changes                  in operating assets and liabilities                                                 |   |                           |    |                            |   |   |   |   |   |   |
| Increase                  in accrued expenses                                                                |   |                           | 1,200   |                            |   | 54,000 |   |   | 240,966 |   |
| Increase                  in accounts payable - related                                                      |   |                           | 2,918   |                            |   | - |   |   | 2,588 |   |
| Increase                  in accounts payable                                                                |   |                           | 15,486  |                            |   | - |   |   | 224,650 |   |
|                                                                                                         |   |                           |    |                            |   |   |   |   |   |   |
| Net                  Cash Used by Operating Activities                                                       |   |                           | (10,929 | )                               |   | - |   |   | (2,740 | ) |
|                                                                                                         |   |                           |    |                            |   |   |   |   |   |   |
|                                                                                                         |   |                           |    |                            |   |   |   |   |   |   |
| CASH                  FLOWS FROM INVESTING ACTIVITIES                                                        |   |                           | -       |                            |   | - |   |   | - |   |
|                                                                                                         |   |                           |    |                            |   |   |   |   |   |   |
|                                                                                                         |   |                           |    |                            |   |   |   |   |   |   |
| CASH                  FLOWS FROM FINIANCING ACTIVITIES                                                       |   |                           |    |                            |   |   |   |   |   |   |
|                                                                                                         |   |                           |    |                            |   |   |   |   |   |   |
| Capital                  contributed by shareholder                                                          |   |                           | 10,929  |                            |   | - |   |   | 2,740 |   |
|                                                                                                         |   |                           |    |                            |   |   |   |   |   |   |
| Net                  Cash Provided by                                                                        |   |                           | -       |                            |   |   |   |   |   |   |
| Financing                  Activities                                                                        |   |                           | 10,929  |                            |   | - |   |   | 2,740 |   |
|                                                                                                         |   |                           |    |                            |   |   |   |   |   |   |
|                                                                                                         |   |                           |    |                            |   |   |   |   |   |   |
| NET                  DECREASE IN CASH                                                                        |   |                           | -       |                            |   | - |   |   | - |   |
|                                                                                                         |   |                           |    |                            |   |   |   |   |   |   |
| CASH                  AT BEGINNING OF PERIOD                                                                 |   |                           | -       |                            |   | - |   |   | - |   |
|                                                                                                         |   |                           |    |                            |   |   |   |   |   |   |
| CASH                  AT END OF PERIOD                                                                       |   | $                              | -       |                            | $      | - |   | $ | - |   |
|                                                                                                         |   |                           |    |                            |   |   |   |   |   |   |
|                                                                                                         |   |                           |         |                            |   |   |   |   |   |   |
| SUPPLIMENTAL                  DISCLOSURES OF                                                                 |   |                           |    |                            |   |   |   |   |   |   |
| CASH                  FLOW INFORMATION                                                                       |   |                           |    |                            |   |   |   |   |   |   |
|                                                                                                         |   |                           |    |                            |   |   |   |   |   |   |
| CASH                  PAID FOR:                                                                              |   |                           |    |                            |   |   |   |   |   |   |
|                                                                                                         |   |                           |    |                            |   |   |   |   |   |   |
| Interest                                                                                                     |   | $                              | -       |                            | $      | - |   | $ | - |   |
| Income                  Taxes                                                                                |   | $                              | -       |                            | $      | - |   | $ | - |   |
|                                                                                                         |   |                           |    |                            |   |   |   |   |   |   |
|                                                                                                         |   |                           |    |                            |   |   |   |   |   |   |
| The                  accompanying notes are an integral part of these financial                  statements. |   |                           |    |                            |   |   |   |   |   |   |

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

*The      following information should be read in conjunction with the financial      statements and notes thereto appearing elsewhere in this Form      10-QSB.*

**Results      of Operations**

**Liquidity      and Capital Resources**

**Plan      of Operation**

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**Net      Operating Loss**

**Forward-Looking      and Cautionary Statements**

|   | ! | our                ability to search for an appropriate business opportunity and to                subsequently acquire or merge with such                entity; |
|--------|---|-------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | ! | to                meet our cash and working capital                needs; |
|--------|---|---------------------------------------------------------------------------|

|   | ! | our                ability to maintain our corporate existence as a viable entity; and |
|--------|---|----------------------------------------------------------------------------------------|

|   | ! | other                risks detailed in our periodic report filings with the                SEC. |
|--------|---|-------------------------------------------------------------------------------------------------|

**Item          3.    **

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**PART      II - OTHER INFORMATION**

**Item      1.**
**Legal      Proceedings**

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

**Item      3.**
**Defaults      Upon Senior Securities**

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

**Item      5.**
**Other      Information**

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

**(a)**
**Exhibits:**

| Exhibit                31.1 | Certification of Chief Executive              Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of              2002.                                                   |
|-----------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                        |                                                                                                                                                                                      |
| Exhibit                31.2 | Certification of Chief Financial              Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of              2002.                                                        |
|                        |                                                                                                                                                                                      |
| Exhibit                32.1 | Certification              of Chief Executive Officer Pursuant to 18 U.S.C. Section 1350, as Adopted              Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.              |
|                        |                                                                                                                                                                                      |
| Exhibit                32.2 | Certification of Chief Financial              Officer Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to              Section              906 of the Sarbanes-Oxley Act of 2002. |

**(b)**
**Reports      on Form 8-K**

**SIGNATURES**

|                                       |                                              |         |
|--------------------------------------------|---------------------------------------------------|--------------|
|                                       | Centenary              International Corporation  |
|                                  |                                         |    |
| Date:: November              10, 2006 | By:                                     | /s/     |
|                                       | Hector              A. Patron Costas              |
|                                       | Chief              Executive Officer and Director |

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