**UNITED      STATES**

**SECURITIES      AND EXCHANGE COMMISSION**

**Washington,      D.C. 20549**

**FORM      10-QSB**

|   | **QUARTERLY                REPORT** |
|--------|-------------------------------------|

|   | **UNDER                SECTION 13 OR 15(d)** |
|--------|----------------------------------------------|

|   | **OF                THE SECURITIES EXCHANGE ACT OF                1934** |
|--------|--------------------------------------------------------------------------|

**FOR      QUARTER ENDED MARCH 31,  2007**

** HEARTLAND,      INC.**

| **Maryland****--------------------------------**                                             | **000-27045****--------------------------------** | **36-4286069****----------------------------------------------** |
|----------------------------------------------------------------------------------------------|---------------------------------------------------|------------------------------------------------------------------|
| (State                or other jurisdictionof                incorporation or organization)) | (Commission                File Number)           | (I.R.S.                Employer Identification Number)      |

**982      Airport Road, Suite A**

**Destin,      Florida 32541**

**850-837-0025**

**---------------------------------------------------------------------------**

**Check      whether the issuer (1) filed all reports required to be filed by Section 13      or      15(d) of the Securities Exchange Act during the past 12 months (or for such      shorter period that the registrant was required to file such reports), and      (2)      has been subject to such filing requirements for the past 90      days.     Yes [X]   No      [  ]**

|   | **Number                of shares of the registrant’s common stock outstanding as of May 21, 2007                was: 36,450,095** |
|--------|------------------------------------------------------------------------------------------------------------------------------------------|

|   | **Traditional                Small Business Disclosure Format:  Yes                [  ]   No                [X]** |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------|

----

**HEARTLAND,      INC.**

**FORM      10-QSB**

**TABLE      OF CONTENTS**

|                                                                                                  |   |   |   |
|-------------------------------------------------------------------------------------------------------|--------|--------|--------|
|                                                                                                  |   |   |   |
| PART                I. FINANCIAL INFORMATION                                                          |   | 3      |   |
| ITEM                1. FINANCIAL STATEMENTS                                                           |   | 3      |   |
| ITEM                2. MANAGEMENT’S DISCUSSION AND ANALYSIS OR PLAN OF                OPERATION |   | 12     |   |
| ITEM                3. CONTROLS AND PROCEDURES                                                        |   | 21     |   |
| PART                II. OTHER INFORMATION                                                             |   | 21     |   |
| ITEM                1. - LEGAL PROCEEDINGS                                                            |   | 21     |   |
| ITEM                2. - CHANGES IN SECURITIES AND USE OF PROCEEDS                                    |   | 21     |   |
| ITEM                3. - DEFAULTS UPON SENIOR SECURITIES                                              |   | 21     |   |
| ITEM                4. - SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS                          |   | 22     |   |
| ITEM                5. - OTHER INFORMATION                                                            |   | 22     |   |
| ITEM                6. - EXHIBITS AND REPORTS ON FORM 8-K                                             |   | 22     |   |
| SIGNATURES                                                                                            |   | 22     |   |

----

**ITEM      1. FINANCIAL STATEMENTS**

**HEARTLAND,      INC. AND SUBSIDIARIES**

**CONDENSED      CONSOLIDATED BALANCE SHEET**

**MARCH      31, 2007 (UNAUDITED)**

**ASSETS**

| CURRENT                      ASSETS                                                                                                       |   |   |          |
|-------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|---------------|
| Cash                                                                                                                                      |   | $      | 644,552       |   |
| Accounts                      receivable,                      net                                                                        |   |   | 2,885,823     |   |
| Cost                      and estimated earnings in                      excess of billings on uncompleted                      contracts |   |   | 738,982  |   |
| Inventory                                                                                                                                 |   |   | 857,413       |   |
| Prepaid                      expenses and                      other                                                                      |   |   | 47,378        |   |
| Total                      current                      assets                                                                            |   |   | 5,174,148     |   |
|                                                                                                                                      |   |   |          |   |
| PROPERTY,                      PLANT AND EQUIPMENT, net                                                                                   |   |   | 956,282       |   |
|                                                                                                                                      |   |   |          |   |
| OTHER                      ASSETS                                                                                                         |   |   |          |   |
| Goodwill                                                                                                                                  |   |   | 1,291,390     |   |
| Other                      intangible assets,                      net                                                                    |   |   | 16,173        |   |
| Other                      assets                                                                                                         |   |   | 62,239        |   |
| Total                      other                      assets                                                                              |   |   | 1,369,802     |   |
|                                                                                                                                      |   |   |          |   |
| Total                      assets                                                                                                         |   | $      | 7,500,232     |   |

----

**HEARTLAND,      INC. AND SUBSIDIARIES**

**CONSOLIDATED      BALANCE SHEET**

**MARCH      31, 2007 (UNAUDITED)**

**LIABILITIES      AND STOCKHOLDERS’ EQUITY**

| CURRENT                      LIABILITIES                                                                                                   |   |   |          |
|--------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|---------------|
| Convertible                      promissory notes                      payable                                                             |   | $      | 63,450        |   |
| Current                      portion of notes                      payable                                                                 |   |   | 40,181        |   |
| Current                      portion of notes payable                      to related parties                                              |   |   | 89,010        |   |
| Accounts                      payable                                                                                                      |   |   | 2,199,754     |   |
| Acquisition                      notes payable to                      related parties                                                     |   |   | 1,350,000     |   |
| Obligations                      to related                      parties                                                                   |   |   | 19,008        |   |
| Accrued                      payroll and related                      taxes                                                                |   |   | 727,218       |   |
| Accrued                      interest                                                                                                      |   |   | 423,722       |   |
| Accrued                      expenses                                                                                                      |   |   | 322,946       |   |
| Billings                      in excess of costs and                      estimated earnings on uncompleted                      contracts |   |   | 301,519  |   |
| Total                      current                      liabilities                                                                        |   |   | 5,536,808     |   |
|                                                                                                                                       |   |   |          |   |
| LONG-TERM                      OBLIGATIONS                                                                                                 |   |   |          |   |
| Notes                      payable, less current                      portion                                                              |   |   | 417,324       |   |
| Notes                      payable to related parties,                      less current portion                                           |   |   | 456,476       |   |
| Total                      long term                      liabilities                                                                      |   |   | 873,800       |   |
|                                                                                                                                       |   |   |          |   |
| STOCKHOLDERS’                      EQUITY                                                                                            |   |   |          |   |
| Preferred                      stock $0.001 par value                      5,000,000 shares                                                |   |   |          |   |
| authorized,                      610,000 shares                      issued and outstanding                                                |   |   | 610           |   |
| Additional                      paid-in capital –                      preferred stock                                               |   |   | 226,159       |   |
| Common                      stock, $0.001 par value                      100,000,000 shares                                                |   |   |          |   |
| authorized;                      34,597,105 shares                      issued and outstanding                                             |   |   | 34,597        |   |
| Additional                      paid-in capital –                      common stock                                                  |   |   | 15,514,170    |   |
| Accumulated                      deficit                                                                                                   |   |   | (14,685,912   | ) |
| Total                      stockholders’                      equity                                                                 |   |   | 1,089,624     |   |
|                                                                                                                                       |   |   |          |   |
| Total                      Liabilities and                      Stockholders’ Equity                                                 |   | $      | 7,500,232     |   |

----

**HEARTLAND,      INC. AND SUBSIDIARIES**

**CONDENSED      CONSOLIDATED STATEMENTS OF OPERATIONS**

**(UNAUDITED)**

|                                                                                                                                                        |   | Three                        Months Ended March 31, |       |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-----------------------------------------------------|------------|
|                                                                                                                                                        |   | 2007                                                |       |   | 2006 |   |
|                                                                                                                                                        |   | (Unaudited)                                         |       |   | (Unaudited) |   |
|                                                                                                                                                        |   |                                                |       |   |   |   |
| REVENUE                        - SALES                                                                                                                      |   | $                                                   | 5,675,695  |   |   | $ | 3,935,849 |   |
|                                                                                                                                                        |   |                                                |       |   |   |   |   |   |
| COSTS                        AND EXPENSES                                                                                                                   |   |                                                |       |   |   |   |   |   |
| Cost                        of goods sold                                                                                                                   |   |                                                | 4,916,955  |   |   |   | 3,198,314 |   |
| Selling,                        general and administrative expenses                                                                                         |   |                                                | 1,341,885  |   |   |   | 985,801 |   |
| Depreciation                        and amortization                                                                                                        |   |                                                | 19,299     |   |   |   | 21,632 |   |
| Total                        costs and                        expenses                                                                                      |   |                                                | 6,278,139  |   |   |   | 4,205,747 |   |
|                                                                                                                                                        |   |                                                |       |   |   |   |   |   |
| NET                        OPERATING LOSS                                                                                                                   |   |                                                | (602,444   | ) |   |   | (269,898 | ) |
|                                                                                                                                                        |   |                                                |       |   |   |   |   |   |
| OTHER                        INCOME (EXPENSE)                                                                                                               |   |                                                |       |   |   |   |   |   |
| Other                        income                                                                                                                         |   |                                                | 14,634     |   |   |   | 36,842 |   |
| Loss                        on disposal of property,                        plant and equipment                                                             |   |                                                | (19,432    | ) |   |   | -- |   |
| Interest                        expense                                                                                                                     |   |                                                | (45,776    | ) |   |   | (123,855 | ) |
| Total                        other income                        (expense)                                                                                  |   |                                                | (50,574    | ) |   |   | (87,013 | ) |
|                                                                                                                                                        |   |                                                |       |   |   |   |   |   |
| LOSS                        FROM CONTINUIING OPERATIONS BEFORE INCOME TAXES                                                                                 |   |                                                | (653,018   | ) |   |   | (356,911 | ) |
| FEDERAL                        AND STATE INCOME TAX                                                                                                         |   |                                                | --         |   |   |   | -- |   |
| LOSS                        FROM CONTINUING OPERATIONS                                                                                                      |   |                                                | (653,018   | ) |   |   | (356,911 | ) |
|                                                                                                                                                        |   |                                                |       |   |   |   |   |   |
| DISCONTINUED                        OPERATIONS:                                                                                                             |   |                                                |       |   |   |   |   |   |
|                              Income from discontinued operations (net of income tax expenses of                          $0)                 |   |                                                | --         |   |   |   | 792 |   |
|                              Gain on disposal of discontinued operations (net of income tax                          expenses of $0)         |   |                                                | --         |   |   |   | 4,004,060 |   |
|                              Loss from discontinued operations of VIEs (net of income tax                          expenses of $0)           |   |                                                | --         |   |   |   | (12,692 | ) |
|                              Gain on disposal of discontinued operations of VIEs (net of income                          tax expenses of $0) |   |                                                | --         |   |   |   | 2,894,737 |   |
| Total                        discontinued                        operations                                                                                 |   |                                                | --         |   |   |   | 6,886,897 |   |
|                                                                                                                                                        |   |                                                |       |   |   |   |   |   |
| NET                        INCOME (LOSS)                                                                                                                    |   | $                                                   | (653,018   | ) |   | $ | 6,529,986 |   |
|  Less:                      Preferred Dividends                                                                                                        |   |                                                | (74,269    | ) |   |   | -- |   |
| Net                      income (loss) available to common stockholders                                                                                     |   | $                                                   | (727,287   | ) |   | $ | 6,529,986 |   |
|                                                                                                                                                        |   |                                                |       |   |   |   |   |   |
| EARNINGS                        (LOSS) PER COMMON SHARE                                                                                                     |   |                                                |       |   |   |   |   |   |
| Continuing                        operations                                                                                                                |   |                                                |       |   |   |   |   |   |
| Basic                        and                        diluted                                                                                             |   | $                                                   | (.02       | ) |   | $ | (.01 | ) |
| Net                        income (loss)                                                                                                                    |   |                                                |       |   |   |   |   |   |
| Basic                        and                        diluted                                                                                             |   | $                                                   | (.02       | ) |   | $ | .27 |   |
| WEIGHTED                        AVERAGE COMME SHARES OUTSTANDING                                                                                            |   |                                                |       |   |   |   |   |   |
| Basic                        and                        diluted                                                                                             |   |                                                | 33,517,327 |   |   |   | 23,870,178 |   |

----

**HEARTLAND,      INC. AND SUBSIDIARIES**

**CONDENSED      CONSOLIDATED STATEMENTS OF CASH FLOWS**

**UNAUDITED**

|                                                                                                                                                                     |   | Three                        Month Ended March 31, |     |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|----------------------------------------------------|----------|
|                                                                                                                                                                     |   | 2007                                               |     |   | 2006 |   |
|                                                                                                                                                                     |   | (Unaudited)                                        |     |   | (Unaudited) |   |
|                                                                                                                                                                     |   |                                               |     |   |   |   |
| CASH                        FLOWS FROM OPERATING ACTIVITIES                                                                                                              |   |                                               |     |   |   |   |
| Continuing                        operations                                                                                                                             |   | $                                                  | (653,018 | ) |   | $ | (356,911 | ) |
| Loss                        before income                        taxes                                                                                                   |   |                                               |     |   |   |   |   |   |
| Adjustments                        to reconcile net loss                        to cash flows used in                        operating activities                        |   |                                               |     |   |   |   |   |   |
| Stock                        issued for services and                        settlement                                                                                   |   |                                               | 499,290  |   |   |   | 212,500 |   |
| Loss                        on disposal of property,                        plant and equipment                                                                          |   |                                               | 19,432   |   |   |   | -- |   |
| Depreciation                        and                        amortization                                                                                              |   |                                               | 19,299   |   |   |   | 21,632 |   |
| Changes                        in assets and                        liabilities                                                                                          |   |                                               |     |   |   |   |   |   |
| Decrease                        (increase) in accounts                        receivable                                                                                 |   |                                               | 715,654  |   |   |   | (20,918 | ) |
| (Increase)                        decrease in costs in                        excess of billings on uncompleted contracts                                                |   |                                               | (104,295 | ) |   |   | 208,443 |   |
| Decrease                        (increase) in                        inventory                                                                                           |   |                                               | 778      |   |   |   | (56,102 | ) |
| Decrease                        (increase) in prepaids                        and other                                                                                  |   |                                               | (29,069  | ) |   |   | 32,861 |   |
| Increase                        in other                        assets                                                                                                   |   |                                               | --       |   |   |   | (26,136 | ) |
| Increase                        (decrease) in accounts                        payable                                                                                    |   |                                               | (752,177 | ) |   |   | (376,855 | ) |
| Increase                        in obligations to                        related parties                                                                                 |   |                                               | 19,008   |   |   |   | -- |   |
| (Decrease)                        increase in accrued                        payroll taxes                                                                               |   |                                               | (47,699  | ) |   |   | (165,120 | ) |
| Increase                        in accrued                        interest                                                                                               |   |                                               | 34,944   |   |   |   | 65,697 |   |
| (Decrease)                        in accrued                        expenses                                                                                             |   |                                               | 145,979  |   |   |   | 71,522 |   |
|                                  Increase (decrease) in billings in excess of costs on uncompleted                          contracts |   |                                               | (74,853  | ) |   |   | (28,961 | ) |
| Cash                        provided by (used in)                        continuing operation before income taxes                                                        |   |                                               | (206,727 | ) |   |   | (418,348 | ) |
|                                                                                                                                                                     |   |                                               |     |   |   |   |   |   |
| Discontinued                        operations                                                                                                                           |   |                                               |     |   |   |   |   |   |
| Income                        (loss) before income                        taxes                                                                                          |   |                                               | --       |   |   |   | 6,886,897 |   |
| (Decrease)                        increase in net                        liabilities of entities discontinued                                                            |   |                                               | --       |   |   |   | (546,896 | ) |
| Gain                        on rescission of                        acquisitions                                                                                         |   |                                               | --       |   |   |   | (6,335,000 | ) |
| Cash                        provided by discontinued                        operations                                                                                   |   |                                               | --       |   |   |   | 5,001 |   |
|                                                                                                                                                                     |   |                                               |     |   |   |   |   |   |
| NET                        CASH PROVIDED BY (USED IN)                        OPERATING                                                                                   |   |                                               |     |   |   |   |   |   |
| ACTIVITIES                                                                                                                                                               |   |                                               | (206,727 | ) |   |   | (413,347 | ) |
|                                                                                                                                                                     |   |                                               |     |   |   |   |   |   |
| CASH                        FLOWS FROM INVESTING ACTIVITIES                                                                                                              |   |                                               |     |   |   |   |   |   |
| Payments                        for property, plant and                        equipment                                                                                 |   |                                               | (49,940  | ) |   |   | (29,872 | ) |
|                                                                                                                                                                     |   |                                               |     |   |   |   |   |   |
| NET                        CASH (USED IN) INVESTING                        ACTIVITIES                                                                                    |   |                                               | (49,940  | ) |   |   | (29,872 |   |

----

**HEARTLAND,      INC. AND SUBSIDIARIES**

**CONDENSED      CONSOLIDATED STATEMENTS OF CASH FLOWS (CONTINUED)**

**UNAUDITED**

|                                                                                                                                                             |   | March                      31, |    |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------------------------------|---------|
|                                                                                                                                                             |   | 2007                           |    |   | 2006 |   |
|                                                                                                                                                             |   |                           |    |   |   |   |
| CASH                      FLOWS FROM FINANCING ACTIVITIES                                                                                                        |   |                           |    |   |   |   |
| Payments                      on notes payable                                                                                                                   |   |                           | (10,467 | ) |   |   | (8,898 | ) |
| Payments                      on notes payable to related parties                                                                                                |   |                           | (17,422 | ) |   |   | (17,136 | ) |
| Proceeds                      from issuance of common stock                                                                                                      |   |                           | 135,000 |   |   |   | 243,283 |   |
| Proceeds                      from issuance of preferred stock                                                                                                   |   |                           | 152,500 |   |   |   | -- |   |
| NET                      CASH PROVIDED BY FINANING                      ACTIVITIES                                                                               |   |                           | 259,611 |   |   |   | 217,249 |   |
|                                                                                                                                                             |   |                           |    |   |   |   |   |   |
| INCREASE                      (DECREASE) IN CASH                                                                                                                 |   |                           | 2,944   |   |   |   | (225,970 | ) |
|                                                                                                                                                             |   |                           |    |   |   |   |   |   |
| CASH,                      BEGINNING OF PERIOD                                                                                                                   |   |                           | 641,608 |   |   |   | 232,902 |   |
|                                                                                                                                                             |   |                           |    |   |   |   |   |   |
| CASH,                      END OF PERIOD                                                                                                                         |   | $                              | 644,552 |   |   | $ | 6,932 |   |
|                                                                                                                                                             |   |                           |    |   |   |   |   |   |
| SUPPLEMENTAL                      DISCLOSURES OF CASH FLOW INFORMATION                                                                                           |   |                           |    |   |   |   |   |   |
| Interest                      paid                                                                                                                               |   | $                              | 10,832  |   |   | $ | 78,099 |   |
| Taxes                      paid                                                                                                                                  |   | $                              | --      |   |   | $ | -- |   |
|                                                                                                                                                             |   |                           |    |   |   |   |   |   |
| NON                      CASH INVESTING AND FINANCING ACTIVITIES                                                                                                 |   |                           |    |   |   |   |   |   |
| Issuance                      of common stock for                      services and settlement                                                                   |   | $                              | 499,290 |   |   | $ | 212,500 |   |
|                            Issuance of common stock in payment of convertible promissorynotes                        payable and accrued interest |   | $                              | --      |   |   | $ | 1,088,640 |   |
|                            Issuance of common stock for payment of obligations to related                        parties                          |   | $                              | 50,000  |   |   | $ | -- |   |
|                                                                                                                                                             |   |                           |    |   |   |   |   |   |

----

**HEARTLAND,      INC. AND SUBSIDIARIES**

**NOTES      TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS**

**MARCH      31, 2007**

**(UNAUDITED)**

| NOTE                A | BASIS                OF PRESENTATION |
|-----------------------|--------------------------------------|

| NOTE                B | ACCOUNTING                POLICIES |
|-----------------------|------------------------------------|

| NOTE                C | GOING                CONCERN |
|-----------------------|------------------------------|

----

**HEARTLAND,      INC. AND SUBSIDIARIES**

**NOTES      TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS**

**MARCH      31, 2007**

**(UNAUDITED)**

| NOTE                D | STOCKHOLDERS                EQUITY |
|-----------------------|------------------------------------|

**Preferred      Stock**

----

**HEARTLAND,      INC. AND SUBSIDIARIES**

**NOTES      TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS**

**MARCH      31, 2007**

**(UNAUDITED)**

| NOTE                D | STOCKHOLDERS                EQUITY (Continued) |
|-----------------------|------------------------------------------------|

**Common      Stock**

| NOTE                E | INVENTORY |
|-----------------------|-----------|

|   |                                                                                                                   $857,413 |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

**HEARTLAND,      INC. AND SUBSIDIARIES**

**NOTES      TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS**

**MARCH      31, 2007**

**(UNAUDITED)**

| NOTE                F | OPERATING                SEGMENTS |
|-----------------------|-----------------------------------|

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   | Parent                            Company |     |   | Steel                            Fabrication |   |      | Construction |   |   | Total     |   |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-------------------------------------------|----------|--------|----------------------------------------------|--------|-----------|--------------|--------|--------|-----------|--------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   |                                      |     |   |                                         |   |      |         |   |   |      |   |
|  Revenue                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |   | $                                         | --       |   |                                         | $      | 3,401,070 |         |   | $      | 2,274,625 |   |   | $ | 5,675,695 |   |
|  Net                          income (loss)                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |                                      | (890,532 | )      |                                         |   | 202,776   |         |   |   | 34,738    |   |   |   | (653,018 | ) |
|  Total                          assets                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   |                                      | 20,587   |   |                                         |   | 4,993,939 |         |   |   | 2,485,706 |   |   |   | 7,500,232 |   |
|  Other                          significant items                                                                                                                                                                                                                                                                                                                                                                                                                                             |   |                                      |     |   |                                         |   |      |         |   |   |      |   |   |   |   |   |
|                              Depreciation and                          amortization                                                                 |   |                                      | --       |   |                                         |   | 16,669    |         |   |   | 2,630     |   |   |   | 19,299 |   |
|                              Interest                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |                                      | 34,944   |   |                                         |   | 10,832    |         |   |   | --        |   |   |   | 45,776 |   |
|                              Expenditures for assets                                                                                                                                                                                                                                                                                                                                                                                                                                |   |                                      | --       |   |                                         |   | 40,760    |         |   |   | 9,180     |   |   |   | 49,940 |   |

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   | Parent                              Company |     |   | Steel                              Fabrication |   |      | Construction |   |   | Total     |   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------------------------------|----------|--------|------------------------------------------------|--------|-----------|--------------|--------|--------|-----------|--------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   |                                        |     |   |                                           |   |      |         |   |   |      |   |
|  Revenue                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   | $                                           | --       |   |                                           | $      | 2,103,665 |         |   | $      | 1,832,184 |   |   | $ | 3,935,849 |   |
|  Net                            income (loss)                                                                                                                                                                                                                                                                                                                                                                                                                                                |   |                                        | (591,595 | )      |                                           |   | 312,369   |         |   |   | (77,685   | )      |   |   | (356,911 | ) |
|  Other                            significant items                                                                                                                                                                                                                                                                                                                                                                                                                                               |   |                                        |     |   |                                           |   |      |         |   |   |      |   |   |   |   |   |
|                                Depreciation and                            amortization                                                                 |   |                                        | 398      |   |                                           |   | 20,229    |         |   |   | 1,005     |   |   |   | 21,632 |   |
|                                Interest                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |                                        | 110,996  |   |                                           |   | 12,859    |         |   |   | --        |   |   |   | 123,855 |   |
|                                Expenditures for assets                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |                                        | --       |   |                                           |   | 26,862    |         |   |   | 3,010     |   |   |   | 29,872 |   |

| NOTE                    G | DISCONTINUED                    OPERATIONS |
|---------------------------|--------------------------------------------|

|  2006                                                                             |   | Evans  |      |   | Monarch |   |      | PAR    |   |   | Wyncrest |    |   | Mondus |   |
|----------------------------------------------------------------------------------------|--------|--------|-----------|--------|---------|--------|-----------|--------|--------|--------|----------|---------|--------|--------|--------|
|                                                                                   |   |   |      |   |    |   |      |   |   |   |     |    |   |   |   |
|                                                                                   |   |   |      |   |    |   |      |   |   |   |     |    |   |   |   |
| Revenues                                                                               |   | $      | 2,416,738 |   |    | $      | 1,844,709 |   |   | $      | --       |    |   | $      | --     |   |   | $ | -- |   |
| Pre                              tax profit (loss)                                     |   |   | 792       |   |    |   | --        |   |   |   | (12,692  | )  |   |   | --     |   |   |   | -- |   |
| Net                                assets                                (liabilities) |   |   | --        |   |    |   | --        |   |   |   | --       |    |   |   | --     |   |   |   | -- |   |

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**ITEM      2.         MANAGEMENT’S DISCUSSION      AND ANALYSIS OR PLAN OF OERATION.**

**(A)                  THE COMPANY**

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**(B)           BUSINESS        DEVELOPMENT**

|   | * | a promissory note of $1,900,000 payable on                  or before                  February 15, 2005 which, if not paid by that date, interest shall                  be due                  from then to actual payment at 8%, simple interest, compounded                  annually,                  and |
|--------|---|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | * | six hundred sixty-seven thousand (667,000)                  restricted                  newly issued shares of the Company’s common stock provided at                  closing. |
|--------|---|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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**(C)           BUSINESS**

**STEEL        FABRICATION**

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**Competition        and Other Factors**

**Raw        Materials**

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**UNFAIR        TRADE PRACTICES AND TRADE REMEDIES**

**SECTION        201 TARIFFS**

**ENVIRONMENTAL MATTERS**

**CONSTRUCTION**

**Karkala        Construction, Inc.**

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**Competition        and Other Factors**

**GENERAL**

**Employees**

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**Customers**

**RESULTS OF OPERATIONS FOR THE THREE MONTHS  ENDED MARCH        31, 2007 COMPARED TO THE THREE MONTHS ENDED MARCH 31,        2006.**

**LIQUIDITY      AND CAPITAL RESOURCES**

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|   | -                Trading activities in non-exchange traded contracts;                or |
|--------|-----------------------------------------------------------------------------------------|

|   | -                Transactions with persons or entities that benefit from their                non-independent relationship with the                Company. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------|

**Inflation**

**Critical      Accounting Policies and Estimates**

**OFF-BALANCE      SHEET ARRANGEMENTS**

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**ITEM      3.      CONTROLS AND PROCEDURES.**

**PART      II.  OTHER INFORMATION**

**ITEM  1.           LEGAL PROCEEDINGS**

**ITEM  2.           CHANGES IN SECURITIES AND USE OF PROCEEDS**

**ITEM  3.           DEFAULTS UPON SENIOR SECURITIES**

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

**ITEM  5.  OTHER      INFORMATION**

**ITEM  6.  EXHIBITS      AND REPORTS ON FORM 8-K**

**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.*

|                              |   |                                                |
|-----------------------------------|--------|-----------------------------------------------------|
|                              |   | **HEARTLAND,                INC.**                  |
|                              |   | (Registrant)                                        |
|                              |   |                                                |
|                              |   |                                                |
| Date:                May 21, 2007 |   | By:                /s/ TRENT SOMMERVILLE            |
|                              |   | Trent                Sommerville                    |
|                              |   | Chief                Executive Officer and          |
|                              |   | Chairman                of the Board                |
|                              |   | (Duly                Authorized Officer)            |
|                              |   |                                                |
|                              |   |                                                |
| Date:                May 21, 2007 |   | By:                /s/ JERRY GRUENBAUM              |
|                              |   | Jerry                Gruenbaum                      |
|                              |   | Chief                Financial Officer and Director |
|                              |   | (Principal                Financial                 |
|                              |   | and                Accounting Officer)              |
|                              |   |                                                |

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