**U.S.      Securities and Exchange Commission**

**Washington,      D.C. 20549**

**Form      10-QSB**

*(Mark      One)*

|  | x  | Quarterly                Report Pursuant to Section 13 or 15(d) of the                Securities Exchange Act of 1934 **For                the quarterly period ended December 31,                2006** |
|--|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**          **

|  | o   | Transition                Report Pursuant to Section 13 or 15(d) of                the Securities Exchange Act For                the transition period from _____________ to                _______________ |
|--|---------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**000-29780**

**Solpower      Corporation**

*(Exact      name of Registrant as specified in its charter)*

|  **Nevada**                                                                                           |  **87-0384678**                                     |
|------------------------------------------------------------------------------------------------------------|----------------------------------------------------------|
|  *(State                or other jurisdiction of  incorporation or                organization)* |  *(IRS                Employer Identification No.)* |
|                                                                                                       |                                                     |

**                                                                                                                               **

**307      East 22nd      Street**

**San      Pedro, CA 90731**

*(Address      of principal executive offices)*

**(310)      940-6408**

*(Issuer’s      telephone number)*

----

**Solpower      Corporation**

**Index      to Form 10-QSB Filing**

**For      the Quarter Ended December 31, 2006**

**Table      of Contents**

**Part        I**

**Financial        Information**

| Item                  1.               | Financial                  Statements                                            | 2                                                                                                   |   |
|----------------------------------------|---------------------------------------------------------------------------------------|-----------------------------------------------------------------------------------------------------|--------|
|                                   |                                                                                  |                                                                                                |   |
|                                   | Balance                  Sheet                                                   |                                                                                                |   |
|                                   |                                                                                  |                                                                                                |   |
|                                   |                                                                                  | December                  31, 2006 (Unaudited)                                                      | 2      |   |
|                                   |                                                                                  |                                                                                                |   |   |
|                                   | Statements                  of Operations and Comprehensive Income (Loss)        |                                                                                                |   |
|                                   |                                                                                  |                                                                                                |   |
|                                   |                                                                                  | For                  the Three and Nine Months Ended December 31, 2006                  (Unaudited) |   |   |
|                                   |                                                                                  | and                  2005 (Unaudited)                                                               | 3      |   |
|                                   |                                                                                  |                                                                                                |   |   |
|                                   | Statements                  of Cash Flows                                        |                                                                                                |   |
|                                   |                                                                                  |                                                                                                |   |
|                                   |                                                                                  | For                  the Nine Months Ended December 31, 2006 (Unaudited)                            |   |   |
|                                   |                                                                                  | and                  2005 (Unaudited)                                                               | 4      |   |
|                                   |                                                                                  |                                                                                                |   |   |
|                                   | Notes                  to the Unaudited Financial Statements                     | 5                                                                                                   |   |
|                                   |                                                                                  |                                                                                                |   |   |
| Item                  2.               | Management’s                Discussion and Analysis or Plan of Operations  |  8                                                                                             |   |
|                                   |                                                                                  |                                                                                                |   |   |
| Item                  3.               | Controls                and Procedures                                           | 11                                                                                                  |   |
|                                   |                                                                                  |                                                                                                |   |   |
|                                   |                                                                                  |                                                                                                |   |   |
|                                   | **PART                  II **                                                    |                                                                                                |   |
|                                   | **OTHER                  INFORMATION**                                           |                                                                                                |   |
|                                   |                                                                                  |                                                                                                |   |   |
| Item                  2.               | Unregistered                  Sales of Equity Securities and Use of Proceeds     | 11                                                                                                  |   |
|                                   |                                                                                  |                                                                                                |   |   |
| Item                  3.     | Defaults                Upon Senior Securities                                   | 11                                                                                                  |   |
|                                   |                                                                                  |                                                                                                |   |   |
| Item                  4.               | Submission                  of Matters to a Vote of Security Holders             | 11                                                                                                  |   |
|                                   |                                                                                  |                                                                                                |   |   |
| Item                  5.     | Other                Information                                                 |  11                                                                                            |   |
|                                   |                                                                                  |                                                                                                |   |   |
| Item                  6.               | Exhibits                                                                              |                                                                                                | 11     |   |
|                                   |                                                                                  |                                                                                                |   |   |
| SIGNATURES              |                                                                                  | 12                                                                                                  |   |
|                                   |                                                                                  |                                                                                                |   |   |
| CERTIFICATIONS                    | 13                                                                                    |                                                                                                |

----

**Part      I**

**Financial      Information**

**Item      1.   Financial Statements**

**SOLPOWER        CORPORATION**

**BALANCE      SHEET**

**December        31, 2006**

**(Unaudited)**

|                                                                                                                                     |   |   |    |        |
|------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|---------|-------------|
|                                                                                                                                     |   |   |    |        |
|  **ASSETS**                                                                                                                         |   |   |    |
|  CURRENT                  ASSETS:                                                                                                   |   |   |    |        |
| Cash                  and cash equivalents                                                                                               |   |   | $       | 13,922      |   |
| Accounts                  receivable, net of allowance for uncollectible accounts of                  $5,819                             |   |   | -       |        |
| Royalties                  receivable                                                                                                    |   |   |    | 22,284      |   |
| Prepaid                  expenses                                                                                                        |   |   |    | 17,705      |   |
| Inventory                                                                                                                                |   |   |    | 85,151      |   |
|  Total                  Current Assets                                                                                              |   |   |    | 139,062     |   |
|                                                                                                                                     |   |   |    |        |   |
|  OTHER                  ASSETS:                                                                                                     |   |   |    |        |   |
|  Intangible                  royalty agreement, net of amortization of $7,500                                                       |   |   | 112,500 |        |
|                                                                                                                                     |   |   |    |        |   |
|  TOTAL                  ASSETS                                                                                                      |   |   | $       | 251,562     |   |
|                                                                                                                                     |   |   |    |        |   |
|                                                                                                                                     |   |   |    |        |   |
|  **LIABILITIES                  AND STOCKHOLDERS' DEFICIT**                                                                         |   |
|  CURRENT                  LIABILITIES:                                                                                              |   |   |    |        |   |
|  Customer                  advances                                                                                                 |   |   | $       | 319,592     |   |
|  Accounts                  payable - trade                                                                                          |   |   |    | 224,855     |   |
|                  -                  related parties |   |   |    | 223,152     |   |
|  Accrued                  expenses                                                                                                  |   |   |    | 184,650     |   |
|  Total                  Current Liabilities                                                                                         |   |   |    | 952,249     |   |
|                                                                                                                                     |   |   |    |        |   |
|  Commitments                  and Contingencies                                                                                     |   |   |    |        |   |
|                                                                                                                                     |   |   |    |        |   |
|  STOCKHOLDERS'                  (DEFICIT):                                                                                          |   |   |    |        |   |
|  Preferred                  stock, $0.001 par value - 5,000,000 shares                                                              |   |   |    |        |
|       authorized;                  issued and outstanding, none                                            |   |   |    | -           |   |
|  Common                  stock, $.001 par value - 100,000,000 shares                                                                |   |   |    |        |
|        authorized;                  70,559,727  shares issued and outstanding               |   |   | 705,597 |        |
|  Additional                  paid in capital                                                                                        |   |   |    | 12,455,625  |   |
|  Accumulated                  (deficit)                                                                                             |   |   |    | (13,861,909 | ) |
|  Total                  Stockholder's (Deficit)                                                                                     |   |   |    | (700,687    | ) |
|                                                                                                                                     |   |   |    |        |   |
|  TOTAL                  LIABILITIES AND STOCKHOLDERS' (DEFICIT)                                                                     |   | $      | 251,562 |        |
|                                                                                                                                     |   |   |    |        |   |

----

**SOLPOWER        CORPORATION**

**STATEMENTS      OF OPERATIONS AND COMPREHENSIVE      INCOME (LOSS)**

**(Unaudited)**

|                                                                                                                                           |   | For                  the Three Months Ended |       |   | For                  the nine Months Ended |   |
|------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------------------------------|------------|--------|--------------------------------------------|--------|
|                                                                                                                                           |   | December                  31,               |       |   | December                  31,              |   |
|                                                                                                                                           |   | 2006                                        |       |   | 2005                                       |   |   | 2006 |   |   | 2005 |   |
|                                                                                                                                           |   |                                        |       |   |                                       |   |   |   |   |   |   |   |
| NET                  REVENUES                                                                                                                  |   | $                                           | 65,000     |   |                                       | $      | 170,768 |   |   | $ | 320,592 |   |   | $ | 572,013 |   |
|                                                                                                                                           |   |                                        |       |   |                                       |   |   |   |   |   |   |   |   |   |   |   |
| COST                  OF REVENUES                                                                                                              |   |                                        | 22,255     |   |                                       |   | 59,530 |   |   |   | 138,764 |   |   |   | 262,540 |   |
|                                                                                                                                           |   |                                        |       |   |                                       |   |   |   |   |   |   |   |   |   |   |   |
| GROSS                  PROFIT                                                                                                                  |   |                                        | 42,745     |   |                                       |   | 111,238 |   |   |   | 181,828 |   |   |   | 309,473 |   |
|                                                                                                                                           |   |                                        |       |   |                                       |   |   |   |   |   |   |   |   |   |   |   |
| OPERATING                  EXPENSES:                                                                                                           |   |                                        |       |   |                                       |   |   |   |   |   |   |   |   |   |   |   |
| Administration                  compensation and consulting                                                                                    |   |                                        | 18,000     |   |                                       |   | 45,233 |   |   |   | 52,100 |   |   |   | 160,571 |   |
| Accounting                  and legal                                                                                                          |   |                                        | 28,469     |   |                                       |   | 25,930 |   |   |   | 74,152 |   |   |   | 61,073 |   |
| Sales                  and marketing                                                                                                           |   |                                        | 32,110     |   |                                       |   | 33,232 |   |   |   | 90,740 |   |   |   | 109,302 |   |
| Other                  general and administrative                                                                                              |   |                                        | 23,876     |   |                                       |   | 68,098 |   |   |   | 64,996 |   |   |   | 112,842 |   |
|                                                                                                                                           |   |                                        | 102,455    |   |                                       |   | 172,493 |   |   |   | 281,988 |   |   |   | 443,788 |   |
|                                                                                                                                           |   |                                        |       |   |                                       |   |   |   |   |   |   |   |   |   |   |   |
| (LOSS)                  FROM OPERATIONS                                                                                                        |   |                                        | (59,710    | )      |                                       |   | (61,255 | ) |   |   | (100,160 | ) |   |   | (134,315 | ) |
|                                                                                                                                           |   |                                        |       |   |                                       |   |   |   |   |   |   |   |   |   |   |   |
| OTHER                  INCOME (EXPENSE):                                                                                                       |   |                                        |       |   |                                       |   |   |   |   |   |   |   |   |   |   |   |
| Exchange                  rate differential                                                                                                    |   |                                        | 1,055      |   |                                       |   | - |   |   |   | 1,488 |   |   |   | - |   |
| Interest                  income                                                                                                               |   |                                        | -          |   |                                       |   | 329 |   |   |   | - |   |   |   | 929 |   |
| Royalty                  income                                                                                                                |   |                                        | 4,389      |   |                                       |   | 6,631 |   |   |   | 9,399 |   |   |   | 6,631 |   |
| Interest                  expense                                                                                                              |   |                                        | (194       | )      |                                       |   | (252 | ) |   |   | (695 | ) |   |   | (252 | ) |
|                                                                                                                                           |   |                                        | 5,250      |   |                                       |   | 6,708 |   |   |   | 10,192 |   |   |   | 7,308 |   |
|                                                                                                                                           |   |                                        |       |   |                                       |   |   |   |   |   |   |   |   |   |   |   |
| (LOSS)                  BEFORE PROVISION FOR INCOME                                                                                            |   |                                        |       |   |                                       |   |   |   |   |   |   |   |   |   |   |   |
| TAXES                  AND DISCONTINUED OPERATIONS                                                                                             |   |                                        | (54,460    | )      |                                       |   | (54,547 | ) |   |   | (89,968 | ) |   |   | (127,007 | ) |
|                                                                                                                                           |   |                                        |       |   |                                       |   |   |   |   |   |   |   |   |   |   |   |
| PROVISION                  FOR INCOME TAXES                                                                                                    |   |                                        | -          |   |                                       |   | - |   |   |   | - |   |   |   | - |   |
|                                                                                                                                           |   |                                        |       |   |                                       |   |   |   |   |   |   |   |   |   |   |   |
| (LOSS)                  FROM CONTINUING OPERATIONS                                                                                             |   |                                        | (54,460    | )      |                                       |   | (54,547 | ) |   |   | (89,968 | ) |   |   | (127,007 | ) |
|                                                                                                                                           |   |                                        |       |   |                                       |   |   |   |   |   |   |   |   |   |   |   |
| DISCONTINUED                  OPERATIONS:                                                                                                      |   |                                        |       |   |                                       |   |   |   |   |   |   |   |   |   |   |   |
| Operating                  (loss) from discontinued operations                                                                                 |   |                                        | -          |   |                                       |   | - |   |   |   | - |   |   |   | (48,282 | ) |
| Gain                  from disposition of discontinued operations                                                                              |   |                                        | -          |   |                                       |   | - |   |   |   | - |   |   |   | 93,240 |   |
| Gain                  from Discontinued Operatiions                                                                                            |   |                                        | -          |   |                                       |   | - |   |   |   | - |   |   |   | 44,958 |   |
|                                                                                                                                           |   |                                        |       |   |                                       |   |   |   |   |   |   |   |   |   |   |   |
| NET (LOSS)                                                                                                                                |   | $                                           | (54,460    | )      |                                       | $      | (54,547 | ) |   | $ | (89,968 | ) |   | $ | (82,049 | ) |
|                                                                                                                                           |   |                                        |       |   |                                       |   |   |   |   |   |   |   |   |   |   |   |
| Basic                  and Diluted Profit (Loss) Per Common Share                                                                              |   |                                        |       |   |                                       |   |   |   |   |   |   |   |   |   |   |   |
| Continuing                  operations                                                                                                         |   | $                                           | -          |   |                                       | $      | - |   |   | $ | - |   |   | $ | - |   |
| Discontinued                  operations                                                                                                       |   |                                        | -          |   |                                       |   | - |   |   |   | - |   |   |   | - |   |
| Total                                                                                                                                          |   | $                                           | -          |   |                                       | $      | - |   |   | $ | - |   |   | $ | - |   |
|                                                                                                                                           |   |                                        |       |   |                                       |   |   |   |   |   |   |   |   |   |   |   |
| Weighted                  Average Number of Common Shares Outstanding                                                                          |   |                                        |       |   |                                       |   |   |   |   |   |   |   |   |   |   |   |
| Basic                  and Diluted                                                                                                             |   |                                        | 70,559,727 |   |                                       |   | 70,554,292 |   |   |   | 70,559,727 |   |   |   | 69,897,909 |   |
|                                                                                                                                           |   |                                        |       |   |                                       |   |   |   |   |   |   |   |   |   |   |   |
| A                  summary of comprehensive (loss) for the nine months ended December                  31,                  2006 and 2005 are: |   |                                        |       |   |                                       |
|                                                                                                                                           |   |                                        |       |   |                                       |   |   |   |   |   |   |   |   |   |   |   |
|  Net                   (Loss)                                                                                                        |   |                                        |       |   |                                       |   |   |   |   | $ | (89,968 | ) |   | $ | (82,049 | ) |
| Foreign                  Currency Translation (Loss)                                                                                           |   |                                        |       |   |                                       |   |   |   |   |   | - |   |   |   | (2,423 | ) |
| Comprehensive (Loss)                                                                                                                      |   |                                        |       |   |                                       |   |   |   |   | $ | (89,968 | ) |   | $ | (84,472 | ) |
|                                                                                                                                           |   |                                        |       |   |                                       |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                                                                           |   |                                        |       |   |                                       |   |   |   |   |   |   |   |   |   |   |   |

----

**SOLPOWER      CORPORATION**

** STATEMENTS        OF CASH FLOWS**

**For        the Nine Months Ended December 31, 2006 and 2005**

**(Unaudited)**

|                                                                                                                                                  |   |   |    |   |   |   |
|-------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|---------|--------|--------|--------|
|                                                                                                                                                  |   | 2006   |    |   | 2005   |   |
|  CASH                  FLOWS FROM OPERATING ACTIVITIES:                                                                                          |   |   |    |   |   |   |
| Net (loss)                                                                                                                                       |   | $      | (89,968 | )      |   | $      | (82,049 | ) |
| Gain from                  discontinued operations                                                                                               |   |   | -       |   |   |   | 44,958 |   |
| Net                  (loss) attributable to continuing operations                                                                                     |   |   | (89,968 | )      |   |   | (127,007 | ) |
|                                                                                                                                                  |   |   |    |   |   |   |   |   |
| Adjustments                  to reconcile net earnings (loss)  to                                                                           |   |   |    |   |   |   |   |   |
| net                  cash (used in) operating activities:                                                                                             |   |   |    |   |   |   |   |   |
| Depreciation                  and amortization                                                                                                        |   |   | 4,500   |   |   |   | 2,347 |   |
| Gain                  on sale of assets                                                                                                               |   |   | -       |   |   |   | (93,240 | ) |
| Net                  change in current assets and liabilities:                                                                                        |   |   |    |   |   |   |   |   |
|  Accounts                  receivable                                                                                                            |   |   | 32,994  |   |   |   | 76,403 |   |
|  Royalties                  receivable                                                                                                           |   |   | (10,887 | )      |   |   | - |   |
|  Prepaid                  expense                                                                                                                |   |   | (5,645  | )      |   |   | 43,483 |   |
| Inventory                                                                                                                                             |   |   | 92,993  |   |   |   | (91,889 | ) |
| Deposits                                                                                                                                              |   |   | 350     |   |   |   | 400 |   |
| Accounts                  payable - trade                                                                                                             |   |   | (23,020 | )      |   |   | 18,206 |   |
|                                      - related parties |   |   | (34,458 | )      |   |   | 60,182 |   |
| Accrued                  expenses                                                                                                                     |   |   | 76,021  |   |   |   | (112,922 | ) |
| Net                  Cash Provided by (Used in) Continuing Operating Activities                                                                       |   |   | 42,880  |   |   |   | (224,037 | ) |
| Net Gain                  from discontinued operations                                                                                           |   |   | -       |   |   |   | 44,958 |   |
| Net                  Cash Provided by (Used in) Operating Activities                                                                                  |   |   | 42,880  |   |   |   | (179,079 | ) |
|                                                                                                                                                  |   |   |    |   |   |   |   |   |
|  CASH                  FLOWS FROM INVESTING ACTIVITIES:                                                                                          |   |   |    |   |   |   |   |   |
| Net                  change in investment of discontinued operations                                                                                  |   |   | -       |   |   |   | 48,282 |   |
| Purchase                  of  equipment                                                                                                     |   |   | -       |   |   |   | (3,829 | ) |
| Net                  Cash Provided by Investing Activities                                                                                            |   |   | -       |   |   |   | 44,453 |   |
|                                                                                                                                                  |   |   |    |   |   |   |   |   |
|  CASH                  FLOWS FROM FINANCING ACTIVITIES:                                                                                          |   |   |    |   |   |   |   |   |
| Bank                  overdraft                                                                                                                       |   |   | (587    | )      |   |   | - |   |
| Proceeds                  from the exercise of warrants                                                                                               |   |   | -       |   |   |   | 150,000 |   |
| Proceeds                  from sale of common stock                                                                                                   |   |   | -       |   |   |   | 25,000 |   |
| Net                  customer advances                                                                                                                |   |   | (28,371 | )      |   |   | (31,698 | ) |
|  Net                  cash (Used in) Provided by Financing Activities                                                                            |   |   | (28,958 | )      |   |   | 143,302 |   |
|                                                                                                                                                  |   |   |    |   |   |   |   |   |
|  INCREASE                  IN CASH AND CASH EQUIVALENTS                                                                                          |   |   | 13,922  |   |   |   | 8,676 |   |
|                                                                                                                                                  |   |   |    |   |   |   |   |   |
|  CASH                  AND CASH EQUIVALENTS, BEGINNING OF PERIOD                                                                                 |   |   | -       |   |   |   | 62,396 |   |
|                                                                                                                                                  |   |   |    |   |   |   |   |   |
|  CASH                  AND CASH EQUIVALENTS, END OF PERIOD                                                                                       |   | $      | 13,922  |   |   | $      | 71,072 |   |
|                                                                                                                                                  |   |   |    |   |   |   |   |   |

----

**SOLPOWER      CORPORATION**

**NOTE      1 - ORGANIZATION AND OPERATIONS**

**Organization**

*Company*

**Nature      of Operations**

*Soltron*

*®*

*,*

*Soltron*

*®*

**Discontinued      Operations - Sale of Virtual Technologies Pty. Ltd.      (Australia)**

*Accounting for the Impairment or Disposal of      Long-lived Assets.*

|                                                                                                          |   | Three                Months EndedDecember                31, |   |   | Nine                Months EndedDecember                31, |   |
|---------------------------------------------------------------------------------------------------------------|--------|--------------------------------------------------------------|--------|--------|-------------------------------------------------------------|--------|
|                                                                                                          |   | 2006                                                         |   |   | 2005                                                        |   |   | 2006 |   |   | 2005 |   |
| Revenues                                                                                                      |   | $                                                            | -      |   |                                                        | $      | - |   |   | $ | - |   |   | $ | 96,470 |   |
|                                                                                                          |   |                                                         |   |   |                                                        |   |   |   |   |   |   |   |   |   |   |   |
| Cost                of Revenues                                                                               |   |                                                         | -      |   |                                                        |   | - |   |   |   | - |   |   |   | 43,143 |   |
|                                                                                                          |   |                                                         |   |   |                                                        |   |   |   |   |   |   |   |   |   |   |   |
| Gross                Profit                                                                                   |   |                                                         | -      |   |                                                        |   | - |   |   |   | - |   |   |   | 53,327 |   |
|                                                                                                          |   |                                                         |   |   |                                                        |   |   |   |   |   |   |   |   |   |   |   |
| Expenses:                                                                                                     |   |                                                         |   |   |                                                        |   |   |   |   |   |   |   |   |   |   |   |
| General                and administrative                                                                     |   |                                                         | -      |   |                                                        |   | - |   |   |   | - |   |   |   | 100,908 |   |
|                                                                                                          |   |                                                         |   |   |                                                        |   |   |   |   |   |   |   |   |   |   |   |
| Operating                Income (Loss) from Continuing Operations                                             |   |                                                         | -      |   |                                                        |   | - |   |   |   | - |   |   |   | (47,581 | ) |
|                                                                                                          |   |                                                         |   |   |                                                        |   |   |   |   |   |   |   |   |   |   |   |
| Other                Income (Expense):                                                                        |   |                                                         |   |   |                                                        |   |   |   |   |   |   |   |   |   |   |   |
| Interest                income                                                                                |   |                                                         | -      |   |                                                        |   | - |   |   |   | - |   |   |   | 174 |   |
| Interest                expense                                                                               |   |                                                         | -      |   |                                                        |   | - |   |   |   | - |   |   |   | (875 | ) |
|            Total                Other Income (Expense) |   |                                                         | -      |   |                                                        |   | - |   |   |   | - |   |   |   | (701 | ) |
|                                                                                                          |   |                                                         |   |   |                                                        |   |   |   |   |   |   |   |   |   |   |   |
| Income                (Loss) Before Provision for Income Taxes                                                |   |                                                         | -      |   |                                                        |   | - |   |   |   | - |   |   |   | (48,282 | ) |
|                                                                                                          |   |                                                         |   |   |                                                        |   |   |   |   |   |   |   |   |   |   |   |
| Provision                for Income Taxes                                                                     |   |                                                         | -      |   |                                                        |   | - |   |   |   | - |   |   |   | - |   |
|                                                                                                          |   |                                                         |   |   |                                                        |   |   |   |   |   |   |   |   |   |   |   |
| Net                Loss from Discontinued Operations                                                          |   | $                                                            | -      |   |                                                        | $      | - |   |   | $ | - |   |   | $ | (48,282 | ) |

----

**NOTE      2 - BASIS OF PRESENTATION**

**NOTE      3 -      GOING CONCERN**

**NOTE      4 -      SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES**

**Comprehensive      Income (Loss)**

*Reporting Comprehensive Income*

----

**Loss      per Common Share**

**Foreign      Currency Translation**

**Warrants**

**Options**

|                                                 |   | Options                Outstanding |      |   | Options                Exercisable             |   |
|------------------------------------------------------|--------|------------------------------------|-----------|--------|------------------------------------------------|--------|
|                                                 |   | Number                of Shares    |      |   | Weighted                Average Exercise Price |   |   | Number                of Shares |   |   | Weighted                Average Exercise Price |   |
| Balance,                March 31, 2006               |   |                               | 1,000,000 |   |                                           | $      | 0.15 |   |   |   | 1,000,000 |   |   | $ | 0.15 |   |
|    Vested                             |   |                               | --        |   |                                           |   |   |   |   |   | -- |   |   |   | -- |   |
|    Granted                            |   |                               | --        |   |                                           |   | -- |   |   |   | -- |   |   |   | -- |   |
|    Exercised                          |   |                               | --        |   |                                           |   | -- |   |   |   | -- |   |   |   | -- |   |
| Balance,                December 31, 2006            |   |                               | 1,000,000 |   |                                           | $      | 0.15 |   |   |   | 1,000,000 |   |   | $ | 0.15 |   |
|                                                 |   |                               |      |   |                                           |   |   |   |   |   |   |   |   |   |   |   |
| Weighted                average contractual          |   |                               |      |   |                                           |   |   |   |   |   |   |   |   |   |   |   |
|     Life                in years |   |                               | .42       |   |                                           |   |   |   |   |   | .42 |   |   |   |   |   |
|                                                 |   |                               |      |   |                                           |   |   |   |   |   |   |   |   |   |   |   |
| Aggregate                intrinsic value             |   | $                                  | -0-       |   |                                           |   |   |   |   | $ | -0- |   |   |   |   |   |

----

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

**Going      Concern**

----

**Off-Balance      Sheet Arrangements**

**Critical      Accounting Policies**

**Operating      Results for the Three Months Ended December 31, 2006 and      2005**

***Revenues***
***-***
*Soltron*
*®*

* *

***Gross      Profit***
***-***
*Soltron*
*®*

*Soltron*
*®*

*Soltron*
*®*

***Operating      Expenses***
***-***

***Net      (Loss) Profit***
***-***

----

**Operating      Results for the Nine Months Ended December 31, 2006 and      2005**

***Revenues***
***-***
*Soltron*
*®*

* *

***Gross      Profit***
***-***
*Soltron*
*®*

*Soltron*
*®*

*Soltron*
*®*

***Operating      Expenses***
***-***

***Net      (Loss)***
***-***

**Plan      of Operation**

*oltron*

*®*

----

**Liquidity      and Capital Reserves**

**Item      3 – Controls and Procedures**

**Evaluation      of Disclosure Controls and Procedures**

**Changes      in Internal Controls**

**Part      II**

**Other      Information**

| **Item                2. ** | **Unregistered                Sale of Equity Securities and Use of                Proceeds** |
|----------------------------------|----------------------------------------------------------------------------------------------|

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

**        **

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

|   | None. |
|--------|-------|

| **Item                5.  ** | **Other                Information** |
|----------------------------------------|--------------------------------------|

|   | None. |
|--------|-------|

| **Item                6.** | **Exhibits** |
|----------------------------|--------------|

| (a)   | The                following exhibits are filed as part of this                report: |
|-----------------|----------------------------------------------------------------------------------------|

| 31.1 | Certification                of Chief Executive Officer and Principal Accounting Officer of Periodic                Report pursuant to Rule  13a-14a and Rule                15d-14(a). |
|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 32.1 | Certification                of Chief Executive Officer and Principal Accounting Officer pursuant                to 18                U.S.C. – Section 1350. |
|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

**SIGNATURES**

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |                                                                                     |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------------------------------------------------------------------------------------|
| Date:  August                23,                2007                                                                            | **SOLPOWER                CORPORATION** By:                /s/ James H. Hirst       |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             | James                H. HirstChief                Executive Officer, President, Director |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             | and                Principal Accounting Officer                                          |