FILER:

     COMPANY DATA:
           COMPANY CONFORMED NAME:            ASI ENTERTAINMENT, INC.
           CENTRAL INDEX KEY:                 1067873
           STANDARD INDUSTRIAL CLASSIFICATION: AIRCRAFT PART & AUXILIARY
                                              EQUIPMENT, NEC [3728]
           IRS NUMBER:                        522101695
           STATE OF INCORPORATION:            DE
           FISCAL YEAR END:                   0630

     FILING VALUES:
           FORM TYPE:                   10-Q
           SEC ACT:                     1934 Act
           A-B
           SEC FILE NUMBER:             000-27881
           FILM NUMBER:                 544289

     BUSINESS ADDRESS:
           STREET 1:                    954 LEXINGTON AVE.
           STREET 2:                    SUITE 242
           CITY:                        NEW YORK
           STATE:                       NY
           ZIP:                         10021
           BUSINESS PHONE:              210 775 2468

     MAIL ADDRESS:
           STREET 1:                    Level 1, 45 EXHIBITION STREET
           STREET 2:
           CITY:                        MELBOURNE
           STATE:                       VICTORIA, AUSTRALIA
           ZIP:                         3000






































                                UNITED STATES
                      SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C. 20549

                                  FORM 10-Q
(Mark One)
[X] QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT OF 1934
For the quarterly period ended DECEMBER 31, 2008
                                     or

[ ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT OF 1934
For the transition period from                 to

Commission file number 000-27881

ASI ENTERTAINMENT, INC.
(Exact name of small business issuer as specified in its charter)

              Delaware                                 522101695
(State or other jurisdiction of           (IRS Employer Identification No.)
incorporation or organization)

                        Level 1, 45 Exhibition Street
                     Melbourne, Victoria, 3000, Australia
                  (Address of principal executive officers)

                               +61 3 9016 3021
                         (Issuer's telephone number)


  (Former name, former address and former fiscal year, if changed since last
                                   report)


Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 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 [ ]

Indicate by check mark whether the registrant is a large accelerated filer, an
accelerated filer, a non-accelerated filer, or a smaller reporting company. See
the definitions of "large accelerated filer", "accelerated filer" and "smaller
reporting company" in Rule 12b-2 of the Exchange Act.

Large accelerated filer [ ]                     Accelerated filer [ ]
Non-accelerated filer [ ]                       Smaller reporting company [X]
(do not check if a smaller reporting company)

Indicate by check mark whether the registrant is a shell company (as defined in
Rule 12b-2 of the Exchange Act).                                Yes [ ] No [X]











<PAGE>








              APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY
                 PROCEEDINGS DURING THE PRECEDING FIVE YEARS

Check whether the registrant filed all documents and reports required to be
filed by Section l2, 13 or 15(d) of the Exchange Act after the distribution of
securities under a plan confirmed by a court.                   Yes [ ] No [ ]

                     APPLICABLE ONLY TO CORPORATE ISSUERS

State the number of shares outstanding of each of the issuer's classes of
common equity, as of the latest practicable date: 59,723,654

















































<PAGE>







                   ASI ENTERTAINMENT, INC. AND SUBSIDIARIES


                                  FORM 10-Q

                   FOR THE QUARTER ENDED DECEMBER 31, 2008

                                    INDEX

PART I. FINANCIAL INFORMATION.................................................2

ITEM 1. Financial Statements..................................................2

PART 1: FINANCIAL INFORMATION.................................................7

ITEM 2. Management's Discussion and Analysis or Plan of Operation.............7

ITEM 3. Controls and Procedures...............................................9

PART II. OTHER INFORMATION...................................................10

ITEM 1. Legal Proceedings....................................................10

ITEM 2. Unregistered Sales of Equity Securities and Use of Proceeds..........10

ITEM 3. Defaults upon Senior Securities......................................10

ITEM 4. Submission of Matters to a Vote of Security Holders..................10

ITEM 5. Other Information....................................................10

ITEM 6. Exhibits and Reports on Form 8-K.....................................10

SIGNATURES...................................................................11
























                                    - 1 -
<PAGE>








PART I. FINANCIAL INFORMATION
ITEM 1. FINANCIAL STATEMENTS
                   ASI ENTERTAINMENT, INC. AND SUBSIDIARIES
                          CONSOLIDATED BALANCE SHEET
                           AS OF DECEMBER 31, 2008
                                 (UNAUDITED)

ASSETS

CURRENT ASSETS
Cash and cash equivalents                                             1,608
Receivables                                                         200,000
                                                             --------------
Total Current Assets                                                201,608
                                                             --------------

NON CURRENT ASSETS
Property and equipment                                                    0
                                                             --------------
Total Non Current Assets                                                  0
                                                             --------------
TOTAL ASSETS                                                        201,608
                                                             ==============

LIABILITIES AND SHARHOLDERS' EQUITY

CURRENT LIABILITIES
Accounts payable and accrued expenses                                 63,478
Due to related parties                                              520,395
                                                             --------------
Total Liabilities                                                   583,873
                                                             --------------

STOCKHOLDERS' EQUITY
Preferred stock $0.0001 par value, 20,000,000 shares          $            0
authorized, non issued and outstanding

Common stock, $0.0001 par value, 100,000,000                  $        5,973
 shares authorized, 59,723,654 shares issued and outstanding

Additional paid-in capital                                    $    7,713,946
Treasury stock -
              - par value (50,000 shares)                    $        (   5)
Accumulated deficit                                          $   (8,102,179)
Accumulated other comprehensive loss                                 $     0
                                                             --------------
Total Stockholders' Equity                                    $     (382,265)
                                                             --------------
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY                    $       201,608
                                                             ==============

    See accompanying notes to unaudited consolidated financial statements.








                                    - 2 -
<PAGE>








                   ASI ENTERTAINMENT, INC. AND SUBSIDIARIES
           CONSOLIDATED STATEMENT OF INCOME AND COMPREHENSIVE INCOME
                           AS OF DECEMBER 31, 2008
                                 (UNAUDITED)
<TABLE>
<CAPTION>
                                           Three              Six              Three              Six
                                           months            months            months            months
                                           ending            ending            ending            ending
                                        Dec 31, 2008      Dec 31, 2008      Dec 31, 2007      Dec 31, 2007
<S>                                   <C>               <C>               <C>               <C>
REVENUE                                             0                 0                 0                 0
Interest Received                                   0                 0                 0                 0
Cost of Sales                                       0                 0                 0                 0
                                       --------------     --------------     --------------     --------------
                                       --------------     --------------     --------------     --------------
Gross Profit                                        0                 0                 0                 0
                                       --------------     --------------     --------------     --------------
EXPENSES:
Accounting and auditing                         1,400             9,800             8,400            12,500
Banking                                           194               532               195               545
Corporate administration                        1,015             1,764               674             1,485
Corporate promotion                                 0               434                 0                 0
Engineering                                         0                 0                 0            20,000
Management fee                                 14,490            33,217            66,788           133,418
Office expenses, rent, utilities                  486             1,062             1,116             1,597
Patent attorney                                     0             3,030                 0             8,269
Travel                                              0               100                 0               685
                                      ---------------    ---------------    ---------------    ---------------
Total Expenses                                 17,586            49,939            77,173           178,499
                                      ---------------    ---------------    ---------------    ---------------
Net Profit/(Loss)                      $      (17,585)    $      (49,939)    $      (77,173)   $      (178,499)
                                       ==============     ==============     ==============     ==============
Foreign Currency Translation                $       0         $       0        $        0        $        0
Gain/(Loss), net-of-tax
                                      ---------------    ---------------    ---------------    ---------------
Comprehensive Profit/(Loss)            $      (17,585)    $      (49,939)    $      (77,173)   $      (178,499)
                                      ===============    ===============    ===============    ===============
Weighted average number of shares           59,143,654        58,833,654        57,382,654        56,745,042
outstanding during the period
                                      ===============    ===============    ===============    ===============
Net Profit/(Loss) per common share     $       (0.0003)   $       (0.0008)   $        (0.001)   $        (0.003)
and equivalents
                                      ===============    ===============    ===============    ===============
</TABLE>

    See accompanying notes to unaudited consolidated financial statements.












                                    - 3 -
<PAGE>








                   ASI ENTERTAINMENT, INC. AND SUBSIDIARIES
                     CONSOLIDATED STATEMENT OF CASH FLOWS
                           AS OF DECEMBER 31, 2008
                                 (UNAUDITED)
<TABLE>
<CAPTION>
                                                                             Six                 Six
                                                                            months              months
                                                                            ending              ending
                                                                         Dec 31, 2008         Dec 31, 2007
<S>                                                                   <C>                 <C>
Cash flows from operating activities:
Net Profit/(Loss)                                                             (49,939)            (178,499)
                                                                      --------------       --------------
Adj. To reconcile net loss to net cash provided by operating
activities:
    Depreciation                                                                   0                   0

Changes in operating assets and liabilities:
    (Increase)/decrease in:
        Other Receivables                                                          0              75,000

    Increase/(decrease) in:
        Accounts payable and accrued expenses                                  28,499              (16,092)
        Loans and Advances                                                         0              (61,814)
                                                                      --------------       --------------
Total adjustments to reconcile net loss to cash provided by operating           28,499              (2,906)
activities:
                                                                      --------------       --------------
Net cash used in operating activities                                         (21,440)            (181,405)
                                                                      --------------       --------------
Net Cash flow from investing activities:
                                                                      --------------      --------------
Net cash provided by (used in) investing activities                                 0                   0
                                                                      --------------      --------------
Cash flow from financing activities:
    Increase/(decrease) in amount due to related parties                       (7,792)             131,918
    Equity for debt swap                                                           0              15,100
    Proceeds from issuance of common stock, net                                30,200              30,046
                                                                      --------------       --------------
Net cash from financing activities                                             22,408              177,064
                                                                      --------------       --------------
Effect of exchange rate changes on cash                                             0                   0
Net increase/(decrease) in cash                                                   968              (4,341)
                                                                      --------------      --------------
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD                                  640               5,984
                                                                      --------------       --------------
CASH AND CASH EQUIVALENTS AT END OF PERIOD                                      1,608               1,643
                                                                      ==============       ==============
</TABLE>

    See accompanying notes to unaudited consolidated financial statements.








                                    - 4 -
<PAGE>








Note 1. Summary of Significant Accounting Policies

Principles of Consolidation

The accompanying unaudited consolidated financial statements are the accounts
of ASI Entertainment, Inc. ("the Company").

Basis of Presentation

The accompanying unaudited consolidated financial statements of the Company
have been prepared in accordance with Generally Accepted Accounting Principles
used in the United States and with the rules and regulations of the United
States Securities and Exchange Commission for the interim financial
information.  Accordingly, they do not include all the information and
footnotes necessary for a comprehensive presentation of financial position and
results of operations.

The functional currency of the company is the United States dollar.  The
unaudited consolidated financial statements are expressed in United States
dollars.  It is management's opinion that any material adjustments (consisting
of normal recurring adjustments) have been made which are necessary for a fair
consolidated financial statement presentation.  The results for the interim
period are not necessarily indicative of the results to be expected for the
year.

For further information, refer to the consolidated financial statements and
footnotes included in the Company's Form 10KSB for the year ended June 30,
2008.

Per Share Data

Net loss per common share is computed by dividing net loss by the weighted
average common shares outstanding during the period as defined by Financial
Accounting Standards, No. 128, "Earnings per Share".

























                                    - 5 -
<PAGE>







              ASI ENTERTAINMENT, INC. AND SUBSIDIARIES
                            NOTES TO BALANCE SHEET
                           AS OF DECEMBER 31, 2008
                                 (UNAUDITED)
Note 2. Going Concern

The accompanying financial statements have been prepared assuming that the
Company will continue as a going concern.  As such, they do not include
adjustments relating to the recoverability of recorded asset amounts and
classification of recorded assets and liabilities.  The Company had accumulated
losses of approximately $8,102,179 at December 31, 2008 and will be required to
make significant expenditure in connection with development of the SafeCell
intellectual property and in seeking other investments along with general and
administrative expenses.  The Company's ability to continue its operations is
dependant upon its raising of capital through debt or equity financing in order
to meet its working needs.

These conditions raise substantial doubt about the Company's ability to
continue as a going concern, and if substantial additional funding is not
acquired or alternative sources developed, management will be required to
curtail its operations.

The Company may raise additional capital by the sale of its equity securities,
through an offering of debt securities, or from borrowing from a financial
institution.  The Company does not have a policy on the amount of borrowing or
debt that the Company can incur.  Management believes that actions presently
being taken to obtain additional funding provides the additional opportunity
for the Company to continue as a going concern.

Note 3. Issuance of common stock

During the three month period ended December 31, 2008, the Company issued
1,160,000 shares of common stock and as a result has taken up Common Stock of
$116 and Additional Paid In Capital of $23,084.


























                                    - 6 -
<PAGE>








PART 1: FINANCIAL INFORMATION
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION


This quarterly report on form 10-Q includes "forward-looking statements" as
defined by the Securities and Exchange Commission.  These statements may
involve known and unknown risks, uncertainties and other factors which may
cause actual results, performance or achievements to be materially different
from future results, performance or achievements expressed or implied by any
forward- looking statements.  Forward-looking statements, which involve
assumptions and describe future plans, strategies and expectations, are
generally identifiable by use of the words "may," "will," "could", "should,"
"expect," "anticipate," "estimate," "believe," "intend" or "project" or the
negative of these words or other variations on these words or comparable
terminology.  These forward-looking statements are based on assumptions that
may be incorrect.  Actual results could differ materially from those expressed
or implied by the forward-looking statements as a result of various factors.
The company undertakes no obligation to update publicly any forward-looking
statements for any reason, even if new information becomes available or other
events occur in the future.

The following discussion should be read in conjunction with the accompanying
consolidated financial statements for the three-month period ended December 31,
2008 and the Form 10-KSB for the fiscal year ended June 30, 2008.


RESULTS AND PLAN OF OPERATIONS

THREE MONTHS ENDED DECEMBER 31, 2008 COMPARED TO THREE MONTHS ENDED DECEMBER
31, 2007

Revenue and Gross profit in the three month period ended December 31, 2008 was
nil.  In the corresponding three month period ended December 31, 2007 revenue
and gross profit was nil.

The Company had a net loss of $17,586 in the three month period ended December
31, 2008 compared to a net loss of $77,173 in the three month period ended
December 31, 2007.  Expenses decreased from $77,173 in the three months ended
December 31, 2007 to $17,586 in the three months ended December 31, 2008
because of decreased management fees.

The Company had a foreign currency translation gain of nil for the three months
ended December 31, 2008 compared to a foreign currency translation gain of nil
for the three month period ended December 31, 2007.  As a result, the Company
recorded a comprehensive loss of $17,586 for the three month period ended
December 31, 2008 compared to a comprehensive loss of $77,173 for the three
month period ended December 31, 2007.


SIX MONTHS ENDED DECEMBER 31, 2008 COMPARED TO SIX MONTHS ENDED DECEMBER 31,
2007

Revenue and Gross profit in the six month period ended December 31, 2008 was
nil.  In the corresponding six month period ended December 31, 2007 revenue and
gross profit was nil.

The Company had a net loss of $49,939 in the six month period ended December
31, 2008 compared to a net loss of $178,499 in the six month period ended
December 31, 2007.  Expenses decreased from $178,499 in the six months ended
                                    - 7 -
<PAGE>








December 31, 2007 to $49,939 in the six months ended December 31, 2008 because
of decreased engineering costs and management fees.

The Company had a foreign currency translation gain of nil for the six months
ended December 31, 2008 compared to a foreign currency translation gain of nil
for the six month period ended December 31, 2007.  As a result, the Company
recorded a comprehensive loss of $49,939 for the six month period ended
December 31, 2008 compared to a comprehensive loss of $178,499 for the six
month period ended December 31, 2007


















































                                    - 8 -
<PAGE>








LIQUIDITY AND CAPITAL RESOURCES

The Company has used the proceeds from the sale of the securities and operating
revenue for payment of operating costs to date. The Company's cash and cash
equivalents increased from $640 at July 1, 2008, to $1,608 at December 31,
2008.

The Company incurred a net loss of $49,939 from operating activities for the
period July 1, 2008 to December 31, 2008 primarily due to management fees and
audit fees.

The Company's revenue in the six months ending December 31, 2008 was nil
compared to nil in the six month period ending December 31, 2007.

The cash flow of the Company from financing activities for the six months
ending December 31, 2008 was from the issuance of common stock, but after a
decrease in the advances from related parties.

The Company's plan for the SafeCell intellectual property will require funding
for the completion of the patent application, then further funding for
marketing to set up license and royalty agreements.

The Company may raise additional capital by the sale of its equity securities,
through an offering of debt securities, or from borrowing from a financial
institution. The Company does not have a policy on the amount of borrowing or
debt that the Company can incur.


ITEM 3. CONTROLS AND PROCEDURES

(a) Evaluation of disclosure controls and procedures. Ronald J. Chapman, who
serves as the Company's Chief Executive Officer, and Philip A. Shiels,
Principal Financial Officer, after evaluating the effectiveness of the
Company's disclosure controls and procedures (as defined in Exchange Act Rules
13a-14(c) and 15d-14(c) as of a date within 90 days of the filing date of the
quarterly report (the "Evaluation Date") concluded that as of the Evaluation
Date, the Company's disclosure controls and procedures were adequate and
effective to ensure that material information relating to the Company and its
consolidated subsidiaries would be made known to them by individuals within
those entities, particularly during the period in which this quarterly report
was being prepared.

(b) Changes in internal controls.
There were no significant changes in the Company's internal controls or in
other factors that could significantly affect the Company's disclosure controls
and procedures subsequent to the Evaluation Date, nor any significant
deficiencies or material weaknesses in such disclosure controls and procedures
requiring corrective actions. As a result, no corrective actions were taken.











                                    - 9 -
<PAGE>









PART II. OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS
None

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
During the three months ended December 31, 2008, the Company issued 1,160,000
shares of common stock that were not registered under the Securities Act of
1933, as noted in "Note 3. Issuance of common stock" in the Financial
Statements above.  The offer, sale and issuance of these securities was made in
reliance upon the exemption from the registration requirements of the
Securities Act provided for by Section 4(2) thereof for transactions not
involving a public offering.  Appropriate legends have been affixed to the
securities issued in these transactions.  The purchasers of the securities had
adequate access, through business or other relationships, to information about
the Company.  The funds received from the issue of securities will be used for
working capital.

ITEM 3. DEFAULTS UPON SENIOR SECURITIES
None

ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS
None

ITEM 5. OTHER INFORMATION
None

ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K
None




























                                   - 10 -
<PAGE>








SIGNATURES

In accordance with the Exchange Act, the registrant has duly caused this report
to be signed on its behalf by the undersigned thereunto duly authorized.


ASI ENTERTAINMENT, INC.

 SIGNATURE                  TITLE                              DATE





By:    /s/
Richard Lukso                Director                            02/05/2009





By:    /s/
Ronald J. Chapman             Director                           02/05/2009





By:    /s/
Philip A.  Shiels             Director                           02/05/2009





By:    /s/
Graham O. Chappell            Director                           02/05/2009







</SEC-DOCUMENT>














                                   - 11 -
<PAGE>