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:                   10QSB
           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:                    1/12 CANDLEBARK COURT
           STREET 2:
           CITY:                        RESEARCH
           STATE:                       VICTORIA
           ZIP:                         3095






































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

                                 FORM 10-QSB
(Mark One)
              QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE
                       SECURITIES EXCHANGE ACT OF 1934
                For the quarterly period ended MARCH 31, 2007


[ ]        TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT


                 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)

                              C/- ASIQ Pty. Ltd.
                            1/12 Candlebark Court
                     Research, Victoria, 3095, Australia
                  (Address of principal executive officers)

                               +61 3 9437 1233
                         (Issuer's telephone number)


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


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

Check whether the registrant filed all documents and reports required to be
filed by Section 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: 30,953,265

Transitional Small Business Disclosure Format (Check one): Yes [ ] No [ ]












<PAGE>







                   ASI ENTERTAINMENT, INC. AND SUBSIDIARIES


                                 FORM 10-QSB

                     FOR THE QUARTER ENDED MARCH 31, 2007

                                    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

PART II.OTHER INFORMATION.....................................................9

ITEM 1.Legal Proceedings......................................................9

ITEM 2.Changes in Securities..................................................9

ITEM 3.Defaults upon Senior Securities........................................9

ITEM 4.Submission of Matters to a Vote of Security Holders....................9

ITEM 5.Other Information......................................................9

ITEM 6.Exhibits and Reports on Form 8-K.......................................9

ITEM 7.Controls and Procedures................................................9




























                                    - 1 -
<PAGE>








PART I. FINANCIAL INFORMATION
ITEM 1. FINANCIAL STATEMENTS
                   ASI ENTERTAINMENT, INC. AND SUBSIDIARIES
                          CONSOLIDATED BALANCE SHEET
                             AS OF MARCH 31, 2007
                                 (UNAUDITED)

ASSETS

CURRENT ASSETS
Cash and cash equivalents                                                 0
Other receivables                                                         0
                                                             --------------
Total Current Assets                                                      0
                                                             --------------

NON CURRENT ASSETS
Property and equipment                                                    0
                                                             --------------
Total Non Current Assets                                            250,000
                                                             --------------
TOTAL ASSETS                                                        250,000
                                                             ==============

LIABILITIES AND SHARHOLDERS' EQUITY

CURRENT LIABILITIES
Accounts payable and accrued expenses                                 70,985
Other creditors                                                     250,000
Due to related parties                                              428,610
Stock subscription payable                                                0
                                                             --------------
Total Liabilities                                                   749,595
                                                             --------------

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                  $        3,096
 shares authorized, 30,953,265 shares issued and outstanding

Additional paid-in capital                                    $    7,198,377
Treasury stock -
              - par value (50,000 shares)                    $        (   5)
Accumulated deficit                                                  $
                                                                 (7,701,063)
Accumulated other comprehensive loss                                 $     0
                                                             --------------
Total Stockholders' Equity                                    $     (499,595)
                                                             --------------
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY                    $      250,000
                                                             ==============

    See accompanying notes to unaudited consolidated financial statements.





                                    - 2 -
<PAGE>








                   ASI ENTERTAINMENT, INC. AND SUBSIDIARIES
           CONSOLIDATED STATEMENT OF INCOME AND COMPREHENSIVE INCOME
                             AS OF MARCH 31, 2007
                                 (UNAUDITED)
<TABLE>
<CAPTION>
                                           Three              Nine              Three              Nine
                                           months            months            months            months
                                           ending            ending            ending            ending
                                        Mar 31, 2007      Mar 31, 2007      Mar 31, 2006      Mar 31, 2006
<S>                                   <C>               <C>               <C>               <C>
REVENUE                                             0                 0                 0            30,953
Interest Received                                   0                23               559             1,301
Cost of Sales                                       0                 0                 0                 0
                                       --------------     --------------     --------------     --------------
Gross Profit                                        0                23               559            32,254
                                       --------------     --------------     --------------     --------------
EXPENSES:
Accounting and auditing                             0            15,797             4,595            20,878
Advertising and promotion                           0               175                 0                 0
Banking                                             0               309               853             1,392
Consulting fees                                     0            58,177            25,038            63,861
Convention expenses                                 0            49,653                 0            30,520
Corporate administration                        2,007             6,941             3,682             7,089
Corporate promotion                             2,297             3,213            34,743            58,957
Depreciation                                        0             2,607             1,213             3,681
Directors fees                                      0             6,646            27,108           110,694
Engineering                                         0            65,760            14,200            43,118
Interest                                            0                 0                 0               867
Loss on sale of asset                               0                 0                 0                 0
Management fee                                 60,600           168,769            23,302            76,030
Marketing expense                                   0            37,940            17,281            93,531
Officers' compensation                              0                 0            11,281                 0
Office expenses, rent, utilities                  120            18,850            10,946            34,431
Stock impairment                                    0                 0                 0                 0
Travel                                            604                22            18,995            56,053
Wages and salaries                                  0                 0            37,696           119,479
                                      ---------------    ---------------    ---------------    ---------------
Total Expenses                                 65,628           434,859           230,933           720,581
                                      ---------------    ---------------    ---------------    ---------------
Net Profit/(Loss)                      $      (65,628)   $      (434,836)   $      (230,374)   $      (688,327)
                                       ==============     ==============     ==============     ==============
Foreign Currency Translation                $       0         $       0    $       (27,020)   $       (54,518)
Gain/(Loss), net-of-tax
                                      ---------------    ---------------    ---------------    ---------------
Comprehensive Profit/(Loss)            $      (65,628)   $      (434,836)   $      (257,396)   $      (742,845)
                                      ===============    ===============    ===============    ===============
Weighted average number of shares           30,953,265        25,655,950        15,893,152        15,306,402
outstanding during the period
                                      ===============    ================   ===============    ================
Net Profit/(Loss) per common share     $        (0.002)   $        (0.017)   $        (0.014)   $        (0.045)
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 MARCH 31, 2007
                                 (UNAUDITED)
<TABLE>
<CAPTION>
                                                                             Nine                Nine
                                                                            months              months
                                                                            ending              ending
                                                                         Mar 31, 2007         Mar 31, 2006
<S>                                                                   <C>                 <C>
Cash flows from operating activities:
Net Profit/(Loss)                                                            (434,836)            (688,327)
                                                                      --------------       --------------
Adj. To reconcile net loss to net cash provided by operating
activities:
    Depreciation                                                               2,608               3,681
    Compensatory stock issuances                                               44,285              59,500
    Consulting expenses paid by stock and/or options                           79,063                   0
    Write down for stock impairment                                                 0                   0

Changes in operating assets and liabilities:
    (Increase)/decrease in:
        Trade accounts receivable                                                  0                   0
        Other Receivables                                                      ( 913)              (8,770)

    Increase/(decrease) in:
        Accounts payable and accrued expenses                                  95,485              (30,586)
                                                                      --------------       --------------
Total adjustments to reconcile net loss to cash provided by operating          220,528              23,825
activities:
                                                                      --------------       --------------
Net cash used in operating activities                                        (214,308)            (664,502)
                                                                      --------------       --------------
Net Cash flow from investing activities:
    (Increase)/decrease in plant and equipment                               (250,000)                440
    Monetary accounts on privatisation of subsidiary                          (83,096)                  0
                                                                      --------------       --------------
Net cash provided by (used in) investing activities                           (333,096)                440
                                                                      --------------      --------------
Cash flow from financing activities:
    Increase/(decrease) in amount due to related parties                      296,451              75,203
    Proceeds from issuance of common stock, net                                     0              350,750
    Funds received pending issue of shares                                          0              87,391
    Other creditors                                                          250,000                   0
                                                                      --------------       --------------
Net cash from financing activities                                            546,451              513,344
                                                                      --------------       --------------
Effect of exchange rate changes on cash                                             0              50,056
Net increase/(decrease) in cash                                                 ( 953)            (100,662)
                                                                      --------------      --------------
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD                                  953              106,416
                                                                      --------------       --------------
CASH AND CASH EQUIVALENTS AT END OF PERIOD                                          0               5,754
                                                                      ==============       ==============
</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 include the
accounts of ASI Entertainment, Inc. and its wholly owned subsidiary, ASI
Technologies, Inc. They also include the consolidated operating results for the
former subsidiaries ASiQ Pty. Ltd., an Australian corporation and ASI Media
Pty. Ltd., an inactive wholly owned subsidiary of the Australian corporation.
All entities are collectively referred to as "the Company".  All intercompany
accounts and transactions have been eliminated in consolidation.


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.

Adjustments are made to convert the statutory financial statements of the
Company's Australian subsidiaries to Generally Accepted Accounting Principles
used in the United States.  The functional currency of the Company's Australian
subsidiary is the Australian dollar.  The functional currency of the United
States entities is the United States dollar.  The unaudited consolidated
financial statements are expressed in United States dollars.  It is
management's opinion that all other 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 of ASiQ Pty. Ltd. and ASI Entertainment, Inc. included in the
Company's Form 10KSB for the year ended June 30, 2006.

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".  The assumed exercise of
common share equivalents was not utilized for the 1,169,700 $0.50 options
currently outstanding to purchase the Company's shares, since the effect was
anti-dilutive.












                                    - 5 -
<PAGE>







              ASI ENTERTAINMENT, INC. AND SUBSIDIARIES
                            NOTES TO BALANCE SHEET
                             AS OF MARCH 31, 2007
                                 (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 $7,701,063 at March 31, 2007 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 March 31, 2007, the Company issued no
shares of common stock and as a result has taken up Common Stock of nil.


























                                    - 6 -
<PAGE>








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

The following discussion should be read in conjunction with the accompanying
consolidated financial statements for the three-month period ended March 31,
2007 and the Form 10-KSB for the fiscal year ended June 30, 2006.

RESULTS AND PLAN OF OPERATIONS

THREE MONTHS ENDED MARCH 31, 2007 COMPARED TO THREE MONTHS ENDED MARCH 31, 2006

Revenue and Gross profit in the three month period ended March 31, 2007 was
nil.  In the corresponding three month period ended March 31, 2006 revenue and
gross profit was $559

The Company had a net loss of $65,628 in the three month period ended March 31,
2007 compared to a net loss of $230,376 in the three month period ended March
31, 2006.  Expenses decreased from $230,934 in the three months ended March 31,
2006 to $65,628 in the three months ended March 31, 2007 because of decreased
consulting expenses, corporate promotion, marketing expenses, and wages and
salaries but after increased management fees.

The Company had a foreign currency translation gain of nil for the three months
ended March 31, 2007 compared to a foreign currency translation loss of $27,020
for the three month period ended March 31, 2006.  As a result, the Company
recorded a comprehensive loss of $65,628 for the three month period ended March
31, 2007 compared to a comprehensive loss of $257,396 for the three month
period ended March 31, 2006.

NINE MONTHS ENDED MARCH 31, 2007 COMPARED TO NINE MONTHS ENDED MARCH 31, 2006

Revenue and Gross profit in the nine month period ended March 31, 2007 was $23.
In the corresponding nine month period ended March 31, 2006 revenue and gross
profit was $32,254.

The Company had a net loss of $434,836 in the nine month period ended March 31,
2007 compared to a net loss of $688,327 in the nine month period ended March
31, 2006.  Expenses decreased from $720,581 in the nine months ended March 31,
2006 to $434,859 in the nine months ended March 31, 2007 because of decreased
marketing expenses, corporate promotion, travel, and wages and salaries but
after increased convention expenses and management fees.

The Company had a foreign currency translation gain of nil for the nine months
ended March 31, 2007 compared to a foreign currency translation loss of $54,518
for the nine month period ended March 31, 2006.  As a result, the Company
recorded a comprehensive loss of $434,836 for the nine month period ended March
31, 2007 compared to a comprehensive loss of $742,845 for the nine month period
ended March 31, 2006.











                                    - 7 -
<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 decreased from $953 at July 1, 2006, to nil at March 31, 2007.

The Company incurred a net loss of $434,836 from operating activities for the
period July 1, 2006 to March 31, 2007 primarily due to directors fees,
convention expenses, marketing expenses, management fees and consulting fees.

The Company's revenue in the nine months ending March 31, 2007 was $23 compared
to $32,254 in the nine month period ending March 31, 2006.

The cash flow of the Company from financing activities for the nine months
ending March 31, 2007 was from increased advances from related parties and
creditors.

The Company had cash flow of -$333,096 from investing activities for the nine
months ending March 31, 2007, from the disposal of its subsidiary ASiQ Pty.
Ltd. and acquisition of the SafeCell intellectual property.

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.





























                                    - 8 -
<PAGE>









PART II.OTHER INFORMATION

ITEM 1.LEGAL PROCEEDINGS

None

ITEM 2.CHANGES IN SECURITIES

None

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

  (aThe following report on Form 8-K was filed during the last
  ) quarter:

   (18-K filed March 5, 2007 reporting an agreement had been
   ) entered into for the acquisition of the SafeCell and the
      associated Intellectual Property rights, from ASIQ Pty. Ltd.

(b) The following exhibits are included herein:

Exhibit  Document Description
No.

31.1     Certification of Principal Executive Officer pursuant to
         Rule 13a-15(e) and Rule 15d-15(e), promulgated under the
         Securities Exchange Act of 1934, as amended.

31.2     Certification of Principal Financial Officer pursuant to
         Rule 13a-15(e) and Rule 15d-15(e), promulgated under the
         Securities Exchange Act of 1934, as amended.

32.1     Certification of Chief Executive Officer and Chief
         Financial Officer Pursuant To 18 U.S.C. Section 1350, as
         adopted pursuant to Section 906 Of The Sarbanes-Oxley Act
         of 2002.



ITEM 7.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
                                    - 9 -
<PAGE>








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.













































                                   - 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                            05/10/2007





By:    /s/
Ronald J. Chapman             Director                           05/10/2007





By:    /s/
Philip A.  Shiels             Director                           05/10/2007





By:    /s/
Graham O. Chappell            Director                           05/10/2007







</SEC-DOCUMENT>














                                   - 11 -
<PAGE>




















<PAGE>