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

                                   FORM 10-QSB

[ 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

[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE
ACT OF 1934
               For the transition period from ________ to ________
                           Commission file # 000-51824

                              AMP PRODUCTIONS, LTD.
             (Exact Name of Registrant as Specified in its Charter)

                                     NEVADA
         (State or other jurisdiction of incorporation or organization)

                                   98-0400189
                    (I.R.S. Employer Identification number)

         500-666 BURRARD STREET, VANCOUVER, BRITISH COLUMBIA     V6C 2X8
             (Address of principal executive offices)           (Zip Code)

                    Issuer's telephone number: (604) 639-3178

           Securities registered under Section 12(b) of the Act: NONE

     Securities registered pursuant to Section 12(g) of the Act: COMMON STOCK,
                                $0.0001 PAR VALUE

Check  whether  the Issuer (1) filed all reports required to be filed by Section
13  or  15(d) of the Exchange Act during the past 12 months (or for such shorter
period  that  the  Issuer  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 shell company (as defined in
Rule  12b-2  of  the  Exchange  Act).
Yes  [  ]  No  [X]

As  of  December  31,  2006  the Issuer had 9,750,000 shares of its Common Stock
outstanding.

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


<PAGE>
                         PART I -- FINANCIAL INFORMATION

ITEM 1.     FINANCIAL STATEMENTS

<TABLE>
<CAPTION>

AMP PRODUCTIONS, LTD.
(A development stage company)

Balance Sheet
December 31, 2006
(Unaudited - Prepared by Management)

(EXPRESSED IN U.S. DOLLARS)

-------------------------------------------------------------------------------------------------------------
                                                                         December 31, 2006    March 31, 2006
                                                                                                    (audited)
-------------------------------------------------------------------------------------------------------------
<S>                                                                      <C>                  <C>
ASSETS

CURRENT
  Cash and cash equivalents                                              $          61,063    $       83,548
  Prepaid expenses                                                                     180               180
-------------------------------------------------------------------------------------------------------------

TOTAL CURRENT ASSETS                                                                61,243            83,728
-------------------------------------------------------------------------------------------------------------

EQUIPMENT, net                                                                       1,000             2,306

SCREENPLAYS                                                                         10,000             5,000

PRODUCTION IN PROGRESS                                                              10,000                 -
-------------------------------------------------------------------------------------------------------------

TOTAL ASSETS                                                             $          82,243    $       91,034
=============================================================================================================

LIABILITIES AND STOCKHOLDERS' DEFICIENCY

LIABILITIES

CURRENT
  Accounts payable and accrued liabilities                               $           1,507    $          537
-------------------------------------------------------------------------------------------------------------

TOTAL LIABILITIES                                                                    1,507               537
-------------------------------------------------------------------------------------------------------------

COMMITMENTS AND CONTINGENCIES (NOTE 4)

STOCKHOLDERS' EQUITY (DEFICIENCY)

SHARE CAPITAL
  Authorized:
    100,000,000 common shares with a par value of $0.0001 per share
  Issued and outstanding:  9,750,000 common shares                                     975               975
    (March 31, 2006 - 9,750,000)
ADDITIONAL PAID-IN CAPITAL                                                         166,825           166,825

(DEFICIT) ACCUMULATED DURING THE DEVELOPMENT STAGE                                 (87,064)          (77,303)
-------------------------------------------------------------------------------------------------------------

TOTAL STOCKHOLDERS' EQUITY (DEFICIENCY)                                             80,736            90,497
-------------------------------------------------------------------------------------------------------------

TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT                              $          82,243    $       91,034
=============================================================================================================
<FN>
THE ACCOMPANYING NOTES ARE AN INTEGRAL PART OF THESE FINANCIAL STATEMENTS.
</TABLE>




<PAGE>

<TABLE>
<CAPTION>

AMP PRODUCTIONS, LTD.
(A development stage company)

Statements of Stockholders' Equity (Deficiency)
For the period from February 27, 2003 (inception) to December 31, 2006
(Unaudited - Prepared By Management)

(EXPRESSED IN U.S. DOLLARS)

--------------------------------------------------------------------------------------------------------
                                                                                 Deficit
                                                                             accumulated           Total
                                                                Additional        during   stockholders'
                                                 Common stock      paid-in   development          equity
                                               Shares  Amount      capital         stage    (deficiency)
--------------------------------------------------------------------------------------------------------
<S>                                         <C>        <C>      <C>          <C>           <C>

Issuance of common stock for cash
  March 3, 2003, $0.0001 per share          8,000,000  $  800   $        -   $         -   $        800

Screenplays transferred from a shareholder          -       -       (5,000)            -         (5,000)

Loss and comprehensive loss for the period          -       -            -        (8,216)        (8,216)
--------------------------------------------------------------------------------------------------------

Balance, March 31, 2003                     8,000,000  $  800   $   (5,000)  $    (8,216)  $    (12,416)
--------------------------------------------------------------------------------------------------------

Issuance of common stock for cash
  March 19, 2004, $0.10 per share              98,000      10        9,790             -          9,800

Loss and comprehensive loss for the year            -       -            -       (15,053)       (15,053)
--------------------------------------------------------------------------------------------------------

Balance, March 31, 2004                     8,098,000  $  810   $    4,790   $   (23,269)  $    (17,669)
--------------------------------------------------------------------------------------------------------

Issuance of common stock for cash
  February 11, 2005 - March 31, 2005,
  $0.10 per share, net of
  share issuance cost of $3,000             1,652,000     165      162,035             -        162,200

Loss and comprehensive loss for the year            -       -            -       (27,346)       (27,346)
--------------------------------------------------------------------------------------------------------

Balance, March 31, 2005                     9,750,000  $  975   $  166,825   $   (50,615)       117,185
--------------------------------------------------------------------------------------------------------

Loss and comprehensive loss for the year            -       -            -       (26,688)       (26,688)
--------------------------------------------------------------------------------------------------------

Balance, March 31, 2006                     9,750,000  $  975   $  166,825   $   (77,303)        90,497
--------------------------------------------------------------------------------------------------------

Loss and comprehensive loss for the period          -       -            -        (9,761)        (9,761)
--------------------------------------------------------------------------------------------------------

Balance, December 31, 2006                  9,750,000  $  975   $  166,825   $   (87,064)        80,736
========================================================================================================
<FN>
THE ACCOMPANYING NOTES ARE AN INTEGRAL PART OF THESE FINANCIAL STATEMENTS.
</TABLE>



<PAGE>

<TABLE>
<CAPTION>

AMP PRODUCTIONS, LTD.
(A development stage company)

Statement of Operations
(Unaudited - Prepared by Management)

(EXPRESSED IN U.S. DOLLARS)
--------------------------------------------------------------------------------------------------------------
                                         Cumulative
                                        February 27
                                               2003   Three months   Three months   Nine months   Nine months
                                     (inception) to          ended          ended         ended         ended
                                        December 31    December 31    December 31   December 31   December 31
                                               2006           2006           2005          2006          2005
--------------------------------------------------------------------------------------------------------------
<S>                                   <C>             <C>            <C>            <C>           <C>
GENERAL AND ADMINISTRATIVE EXPENSES
  Accounting                          $      24,597   $        955   $          -   $     9,050   $     6,024
  Amortization                                4,220            435            435         1,305         1,305
  Bank charges                                1,425             16             36            86           102
  Consulting                                  7,350              -            500             -         1,423
  Interest on promissory note                    87              -              -             -             -
  Legal                                      14,536              -         10,000        (4,500)       10,000
  Listing and filing fees                     8,237              -              -           443           160
  Office                                      3,845            186             78           706           865
  Printing                                    1,014              -              -             -            14
  Rent                                       20,187          1,270            757         2,423         3,675
  Transfer Expenses                             170              -             70           100            70
  Travel                                      2,918              -              -             -         1,838
--------------------------------------------------------------------------------------------------------------

OPERATING (LOSS)                            (88,586)        (2,862)       (11,876)       (9,613)      (25,475)

OTHER INCOME
  Foreign exchange gain (loss)                1,522             11              1          (148)          (79)
--------------------------------------------------------------------------------------------------------------

NET LOSS FOR THE PERIOD               $     (87,064)  $     (2,851)  $    (11,875)  $    (9,761)  $   (25,554)

BASIC AND DILUTED LOSS PER SHARE                      $       0.00   $       0.00   $      0.00   $      0.00
==============================================================================================================

WEIGHTED AVERAGE NUMBER OF
  COMMON SHARES OUTSTANDING
  - basic and diluted                                    9,750,000      9,147,500     9,750,000     9,603,213
==============================================================================================================
<FN>
THE ACCOMPANYING NOTES ARE AN INTEGRAL PART OF THESE FINANCIAL STATEMENTS.
</TABLE>



<PAGE>
<TABLE>
<CAPTION>

AMP PRODUCTIONS, LTD.
(A development stage company)

Statement of Cash Flows
(Unaudited - Prepared by Management)
(EXPRESSED IN U.S. DOLLARS)
-----------------------------------------------------------------------------------------------
                                                      Cumulative
                                                     February 27
                                                            2003   Three months   Three months
                                                  (inception) to          ended          ended
                                                     December 31    December 31    December 31
                                                            2006           2006           2005
-----------------------------------------------------------------------------------------------
<S>                                               <C>              <C>            <C>

CASH FLOWS FROM (USED IN) OPERATING ACTIVITIES
Loss for the period                               $      (87,064)  $     (2,851)  $    (11,875)
Adjust for items not involving cash:
  - amortization                                           4,220            435            435

CHANGES IN OTHER ASSETS AND LIABILITIES:
  -  increase in prepaid expenses                           (180)             -            500
  -  increase (decrease) in accounts payable and
accrued liabilities                                        1,508          1,304            412
  -  decrease in due to a related party                   (5,000)             -           (500)
  -  increase in production in progress                  (10,000)        (3,000)             -
-----------------------------------------------------------------------------------------------

NET CASH USED IN OPERATING ACTIVITIES                    (96,516)        (4,112)       (11,028)
-----------------------------------------------------------------------------------------------

CASH FLOWS USED IN INVESTING ACTIVITIES
  Purchase of screenplays                                (10,000)             -         (2,500)
  Purchase equipment                                      (5,221)             -              -
-----------------------------------------------------------------------------------------------

Net cash flows used in investing activities              (15,221)             -         (2,500)
-----------------------------------------------------------------------------------------------

CASH FLOWS FROM FINANCING ACTIVITIES
  Proceeds received on promissory note                    10,324              -              -
  Repayment of promissory note                           (10,324)             -              -
  Proceeds from issuance of common stock                 172,800              -              -
-----------------------------------------------------------------------------------------------

Net cash provided by financing activities                172,800              -              -
-----------------------------------------------------------------------------------------------

INCREASE IN CASH                                          61,063         (4,112)       (13,528)

CASH, beginning of period                                      -         65,175         97,845
-----------------------------------------------------------------------------------------------

CASH, end of period                               $       61,063   $     61,063   $     84,317
===============================================================================================

SUPPLEMENTAL INFORMATION:
  Non-cash investing activities:  Screenplays     $       (5,000)  $          -   $          -
  Interest expenses paid in cash                             387              -              -
===============================================================================================
<FN>
THE ACCOMPANYING NOTES ARE AN INTEGRAL PART OF THESE FINANCIAL STATEMENTS.
</TABLE>




<PAGE>
AMP  PRODUCTIONS,  LTD.
(A development stage company)
Notes to Financial Statements
December 31, 2006
(Unaudited - Prepared By Management)
(EXPRESSED IN U.S. DOLLARS)


1.     INCORPORATION  AND  CONTINUANCE  OF  OPERATIONS

The  Company  was  formed  on  February  27, 2003 under the laws of the State of
Nevada.  The  Company  has not commenced planned principal operations, producing
filmed  entertainment.  The company is considered a development stage company as
defined  in  SFAS  No.  7.  The  Company  has  an  office  in Vancouver, Canada.

These  financial statements have been prepared in accordance with U.S. generally
accepted accounting principles applicable to a going concern, which contemplates
the realization of assets and the satisfaction of liabilities and commitments in
the  normal  course  of  business. The Company has incurred operating losses and
requires  additional  funds  to  maintain its operations.  Management's plans in
this  regard  are  to  raise  equity  financing  as  required.

These conditions raise substantial doubt about the Company's ability to continue
as  a  going concern.  These financial statements do not include any adjustments
that  might  result  from  this  uncertainty.

The  Company  has  not  generated  any  operating  revenues  to  date.

2.     SIGNIFICANT  ACCOUNTING  POLICIES

(a)     Cash  and  Cash  Equivalents

Cash  equivalents  comprise certain highly liquid instruments with a maturity of
three months or less when purchased.  As of December 31, 2006 the Company has no
cash  equivalents.

(b)     Accounting  Estimates

The  preparation  of  financial  statements  in  conformity  with U.S. generally
accepted  accounting  principles  requires  management  to  make  estimates  and
assumptions  that  affect  the  reported  amounts  of assets and liabilities and
disclosure  of  contingent  assets  and liabilities at the date of the financial
statements  and  the  reported  amounts  of  revenues  and  expenses  during the
reporting  period.  Actual  results  could  differ  from  those  estimates  and
assumptions.

(c)     Advertising  Expenses

The  Company  expenses  advertising costs as incurred.  There was no advertising
expenses  incurred  by  the  Company  since  the  inception.

(d)     Loss  Per  Share

Loss  per  share  is  computed  using  the  weighted  average  number  of shares
outstanding  during  the period. The Company has adopted SFAS No. 128, "Earnings
Per  Share".  Diluted  loss  per  share  is  equivalent to basic loss per share.

(e)     Concentration  of  Credit  Risk

The  Company  places  its  cash  and  cash  equivalents with high credit quality
financial  institutions.

(f)     Foreign  Currency

Monetary items denominated in foreign currency are translated to U.S. dollars at
the  exchange  rate in effect at the balance sheet date.  Non-monetary items are
translated  at  the  exchange  rates  in  effect when the assets are acquired or
obligations  incurred.  Revenues  and  expenses  are  translated at the exchange
rates  in  effect  at  the time of the transactions.  Foreign exchange gains and
losses  are  included  in  the  statement  of  operations.



<PAGE>

2.     SIGNIFICANT ACCOUNTING POLICIES (continued)

(g)     Fair  Value  of  Financial  Instruments

The  respective carrying value of certain on-balance-sheet financial instruments
approximated  their  fair  value.  These  financial  instruments  include  cash,
accounts  payable,  due  to  a  related  party  and  promissory note and accrued
liabilities  and promissory note and accrued interest.  Fair values were assumed
to  approximate  carrying  values  for these financial instruments, except where
noted,  since  they  are  short  term  in  nature  and  their  carrying  amounts
approximate fair values or they are receivable or payable on demand.  Management
is  of  the  opinion  that the Company is not exposed to significant interest or
credit risks arising from these financial instruments.  The Company is operating
outside  the  United  States  of America and has significant exposure to foreign
currency  risk  due to the fluctuation of currency in which the Company operates
and  U.S.  dollar.

(h)     Income  Taxes

The  Company  recognizes  deferred  tax  liabilities and assets for the expected
future  tax  consequences  of  events that have been recognized in the Company's
financial  statements  or  tax  returns  using the liability method.  Under this
method,  deferred  tax  liabilities  and  assets  are  determined  based  on the
temporary difference between the financial statement and tax bases of assets and
liabilities  using  enacted  tax  rates  in  effect  in  the  years in which the
differences  are expected to reverse.  A valuation allowance is provided for the
portion  of  deferred  tax assets that is more likely than not to be unrealized.

(i)     Stock-Based  Compensation

The Company has adopted the Statement of Financial Accounting Standards No. 123R
amending  SFAS  No. 123. SFAS No. 123R will require the Company to expense stock
options based on grant date fair value in its financial statements. Further, the
adoption  of  SFAS 123R will require additional accounting related to the income
tax  effects and additional disclosure regarding the cash flow effects resulting
from  share-based  payment arrangements. The adoption of SFAS No. 123R will have
no effect on the Company's cash flows, but is expected to have a material impact
on  its  results  of  operations.

The  Company  did  not  grant  any  stock  options  since  the  inceptions.

(j)     Comprehensive  Income

Comprehensive income comprises equity except those resulting from investments by
owners  and  distributions  to  owners.  The  Company  has no elements of "other
comprehensive  income"  since  the  inception.

(k)     Equipment

Equipment  consists  of  computer  equipment,  which  is  stated  at cost and is
depreciated  under  the  straight-line method over the estimated useful lives of
the  asset.  Expenditures  for  betterments and additions are capitalized, while
replacement,  maintenance  and  repairs,  which  do  not extend the lives of the
respective  assets,  are  charged  to  expense  when  incurred.

(l)     Long-Lived  Assets  Impairment

Long-term  assets  of  the  Company  are  reviewed when changes in circumstances
require  as  to  whether  their  carrying value has become impaired, pursuant to
guidance  established  in  Statement  of  Financial Accounting Standards No. 144
(SFAS  144),  Accounting  for  the  Impairment or Disposal of Long-Lived Assets.
Management  considers  assets  to  be impaired if the carrying value exceeds the
future  projected  cash  flows  from  the  related  operations (undiscounted and
without interest charges).  If impairment is deemed to exist, the assets will be
written  down  to  fair  value.


<PAGE>
2.     SIGNIFICANT ACCOUNTING POLICIES   (continued)

(m)     Production  in  progress

In  June  2000,  the  American Institute of Certified Public Accountants (AICPA)
issued SOP-00-2, "Accounting by Producers or Distributors of Films" ("SOP-00-2")
requires  that film costs be capitalized and reported as a separate asset on the
balance  sheet.  Film  costs  include  all direct negative costs incurred in the
production  of  a  film,  as  well  as  allocations  of  production overhead and
capitalized  interest.  Direct  negative  costs include cost of scenario, story,
compensation  of  cast, directors, producers, writers, extras and staff, cost of
set  construction,  wardrobe,  accessories,  sound  synchronization,  rental  of
facilities  on  location  and post production costs. SOP-00-2 also requires that
film  costs  be  amortized  and  participation  costs  accrued,  using  the
individual-film-forecast-method-computation  method,  which amortizes or accrues
such  costs in the same ratio that the current period actual revenue (numerator)
bears  to  the  estimated  remaining  unrecognized  ultimate  revenue  as of the
beginning  of the fiscal year (denominator). The Company makes certain estimates
and  judgments of its future gross revenue to be received for each film based on
information  received  by  its  distributor, historical results and management's
knowledge  of  the industry. Revenue and cost forecasts are continually reviewed
by management and revised when warranted by changing conditions. A change to the
estimate  of  gross revenues for an individual film may result in an increase or
decrease  to  the  percentage  of  amortization  of  capitalized  film  costs.

In  addition, SOP-00-2 also requires that if an event or change in circumstances
indicates  that an entity should assess whether the fair value of a film is less
than  its unamortized film costs, then an entity should determine the fair value
of the film and write-off to the statement of operations the amount by which the
unamortized  capital  costs  exceeds  the  film's  fair  value. We do not expect
compliance  with  SOP-00-2  to  have  an  impact  on  our  financial statements.

(n)     New  Accounting  Pronouncements

In December 2004, the FASB issued SFAS No. 153, Exchanges of Nonmonetary Assets,
an  amendment  of  APB No. 29, Accounting for Nonmonetary Transactions. SFAS No.
153  requires  exchanges of productive assets to be accounted for at fair value,
rather  than  at  carryover basis, unless (1) neither the asset received nor the
asset surrendered has a fair value that is determinable within reasonable limits
or  (2)  the  transactions  lack commercial substance. SFAS 153 is effective for
nonmonetary asset exchanges occurring in fiscal periods beginning after June 15,
2005.  The  adoption  of  FASB  No.  153  will not have a material impact on the
Company's  financial  statements.

In May 2005, the FASB issued SFAS No. 154, entitled Accounting Changes and Error
Corrections--a  replacement of APB Opinion No. 20 and FASB Statement No. 3. This
Statement  replaces  APB  Opinion No. 20, Accounting Changes, and FASB Statement
No. 3, Reporting Accounting Changes in Interim Financial Statements, and changes
the  requirements for the accounting for and reporting of a change in accounting
principle.  This  Statement  applies  to  all  voluntary  changes  in accounting
principle. It also applies to changes required by an accounting pronouncement in
the unusual instance that the pronouncement does not include specific transition
provisions.  Opinion  20  previously  required  that  most  voluntary changes in
accounting  principle  be recognized by including in net income of the period of
the  change  the  cumulative effect of changing to the new accounting principle.
This  Statement  requires  retrospective application to prior periods' financial
statements  of  changes  in  accounting principle, unless it is impracticable to
determine  either  the  period-specific  effects or the cumulative effect of the
change. This Statement defines retrospective application as the application of a
different  accounting principle to prior accounting periods as if that principle
had  always  been  used  or  as  the  adjustment  of previously issued financial
statements  to  reflect  a  change  in the reporting entity. This Statement also
redefines  restatement as the revising of previously issued financial statements
to  reflect  the correction of an error. The adoption of SFAS 154 did not impact
the  financial  statements.

In  March  2006,  the  Financial  Accounting  Standards  Board  ("FASB")  issued
Statement  of  Financial  Accounting  Standard ("SFAS") No. 155, "Accounting for
Certain  Hybrid  Financial  Instruments."  SFAS  155 resolves certain accounting
issues related to various hybrid financial instruments. The adoption of SFAS 154
did  not  impact  the  financial  statements.

3.
<PAGE>
OPTIONS  TO  ACQUIRE  LITERARY  PROPERTIES

On  September  15,  2006,  September  19, 2005 and November 4, 2005, the Company
entered  into  three  purchase  agreements  with  third parties to acquire three
screenplays  titled  "Pelicula",  "Almost  Cut  My  Hair"  and  "Hockey Buddha",
respectively.  Pursuant  to  the  agreements,  the  Company is granted an option
effective for a period of two years commencing on the above dates to acquire all
rights,  titles  and  interests for the above two screenplays. The consideration
for the option of acquisition is $5,000 for Pelicula, and $2,500 for each of the
other  options, with the total consideration for all options being $10,000.  The
option  period  for  Almost Cut My Hair and Hockey Buddha may be extended for an
additional  period  of  one year by the payment of $2,500 per screenplay.  As at
December  31,  2006,  the  options  are  fully  paid.

The  purchase price for Pelicula is $50,000 while the purchase price for each of
the  other  two  screenplays  will  be  $20,000,  plus  the following contingent
compensations  for  each  of  the  screenplays:

(a)     In the event that a theatrical or televisions motion picture is produced
by  the  Company  or  its assigns, based on the Property (the "Picture") and the
budget  of  the  Picture  as  of  the  first day of principal photography and as
allowed  by all entities financing or guaranteeing completion of the Picture, is
not  less  than  $1,500,000, the vendor shall receive additional compensation to
make  the  Purchase  Price  equivalent  to  the  Script  Fee payable to a writer
pursuant  to  the  most current Independent Production Agreement of the Writer's
Guild  of  Canada.

(b)     In  addition  to the amounts set out above, the Company shall pay to the
vendor  3%  of  100%  of  the  Company's  "Net  Profits"  of the Picture, or any
television  series,  pilot  or  movie-of-the-week  (as  that term is used in the
entertainment  industry) that derives directly from the Property.  "Net Profits"
will  be  defined,  computed,  accounted  for  and  paid  in accordance with the
Company's  standard  Net  Profits definition based on the Company's "break even"
negative  cost  position after payment of all reasonable production expenses and
receipt  by  the  Company  of  all  distribution advances and gross receipt from
exploitation  of  the  Picture  and  the  Property.

The  Company  capitalized  the  option  payment  as  options to acquire literary
properties. The option payments will be included in the acquisition cost for the
screenplay  once  the  options  are  exercised.  If  the  Company decided not to
exercise  the  options, the options will be expensed upon determination that the
acquisition  is  unlikely.


<PAGE>

4.     RELATED  PARTY  TRANSACTIONS

On  March  2,  2003,  the  Company  entered  into two purchase agreements with a
director of the Company to acquire two screenplays.  Pursuant to the agreements,
the Company is granted an option to acquire all rights, titles and interests for
the  above  two  screenplays. The consideration for the option of acquisition is
$2,500, with the total consideration for both options being $5,000.  On March 2,
2005,  the  Company  signed an Extension of Option to Purchase Agreement for the
two  screenplays  for  a  period  of  one  year,  at a nominal amount of $10 per
screenplay.  As  at  March  31, 2006, the options are fully paid.  In accordance
with  SEC  Staff  Accounting  Bulletin  5G:  Transfers of Non-monetary Assets by
Promoters  or  Shareholders,  the  asset value of the screenplays is recorded at
nil,  as  it  is  the  transferor's  historical  cost.

The  purchase  prices  for  the  two  screenplays  will  be $10,000 and $20,000,
respectively,  plus  the  following  contingent  compensations  for  each of the
screenplays:

(a)     In the event that a theatrical or televisions motion picture is produced
by  the  Company  or  its assigns, based on the Property (the "Picture") and the
budget  of  the  Picture  as  of  the  first day of principal photography and as
allowed  by all entities financing or guaranteeing completion of the Picture, is
not  less  than  $1,500,000, the vendor shall receive additional compensation to
make  the  Purchase  Price  equivalent  to  the  Script  Fee payable to a writer
pursuant  to  the  most current Independent Production Agreement of the Writer's
Guild  of  Canada.

(b)     In  addition  to the amounts set out above, the Company shall pay to the
vendor  3%  of  100%  of  the  Company's  "Net  Profits"  of the Picture, or any
television  series,  pilot  or  movie-of-the-week  (as  that term is used in the
entertainment  industry) that derives directly from the Property.  "Net Profits"
will  be  defined,  computed,  accounted  for  and  paid  in accordance with the
Company's  standard  Net  Profits definition based on the Company's "break even"
negative  cost  position after payment of all reasonable production expenses and
receipt  by  the  Company  of  all  distribution advances and gross receipt from
exploitation  of  the  Picture  and  the  Property.

The  Company  capitalized  the  option  payment  as  options to acquire literary
properties. The option payments will be included in the acquisition cost for the
screenplay  once  the  options  are  exercised.  If  the  Company decided not to
exercise  the  options, the options will be expensed upon determination that the
acquisition  is  unlikely.
Included  in  accounts  payable  and  accrued liabilities is an amount owed to a
director of the Company for office and miscellaneous expenses of $Nil (March 31,
2006  -  $537).



<PAGE>

ITEM 2.     MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATIONS

FINANCIAL  CONDITION,  LIQUIDITY  AND  CAPITAL  RESOURCES

We  were  incorporated  for the purpose of developing, producing, marketing, and
distributing  low-budget  feature-length  films  to movie theaters and ancillary
markets.  Our  capital  has  been  obtained  via  issuance  of  common stock and
shareholder  loans.

We  have abandoned pre-production of the screenplay, "Code Blue".  We have begun
pre-production of our screenplay, "Pelicula".  We have engaged the services of a
producer  as  an  independent  contractor  who  will  oversee  the production of
producer's  package,  including script breakdown, production budget, preliminary
shooting  schedule  and  production  board.  We  are  also currently preparing a
business  plan  for  the  film in order to attract prospective investors to fund
film  production.  We do not have the commitment of any actors or directors.  We
have  not  yet  determined  the  final  budget  for  Pelicula.

If  we  are successful in securing the necessary financing for the production of
Pelicula, we will produce it through Pelicula Productions Limited Partnership (a
British Columbia limited partnership) which will be established specifically for
the  purpose.  We  will  retain  49%  of  the  partnership  units  of  Pelicula
Productions  LP.  Investors  will  share 50% of the remaining partnership units,
pro  rata.  AMP  Productions  (2006)  Ltd.,  a  British  Columbia  company to be
established  as  the  general  manager,  will  receive  the  remaining 1% of the
partnership  units.  Partnership  units  will only be sold to investors who are:

1.     corporations, limited partnerships, trusts or estates having net assets
of at least $5 million;

2.     individuals who have at least $1 million in financial assets (cash and
securities) before taxes;

3.     individuals whose net income before taxes exceeds $200,000 (or $300,000
combined income with spouse) in each of the two most recent years and who
reasonably expects to exceed that net income in the current year; or

4.     individuals who have at least $5 million in net assets.

On  December 18, 2003, the Securities and Exchange Commission declared effective
our Form SB-2 Registration Statement (Commission File No. 333-106291) concerning
our initial public offering of 1,750,000 voting shares of our Common Stock at an
offering  price  of  $0.10 per share. The offering commenced on January 23, 2004
and  was terminated on June 16, 2004. We sold 1,063,400 of the offered shares at
a  price  of  $0.10  per  share,  for  gross  proceeds  of  $106,340.

On  February 11, 2005, the Securities and Exchange Commission declared effective
our Form SB-2 Registration Statement (Commission File No. 333-121503) concerning
our  public offering of 686,600 voting shares of our Common Stock at an offering
price  of  $0.10  per share. The offering commenced on February 11, 2005 and was
terminated  on  May  12,  2005.  We sold all of the offered shares at a price of
$0.10  per  share,  for  gross  proceeds  of  $68,660.

As of December 31, 2006, we had total assets of $82,243, comprised of $61,063 in
cash,  $180  in  prepaid  expenses,  $1,000  in equipment, $10,000 in options to
acquire  literary  properties  and $10,000 in production in progress.  This is a
decrease  from  $91,034 in total assets as of March 31, 2006.  This decrease was
attributable  to  operating  expenses,  primarily  for professional and producer
fees.

As  of December 31, 2006, our total liabilities increased to $1,507 from $537 as
of  March  31,  2006.  This  increase  resulted  from  accounting  fees.

As of December 31, 2006, we had working capital of $59,736 compared with $83,191
as  of  March  31,  2006.

We  have  not  generated revenue since the date of inception.  We presently have
sufficient  working  capital  to  satisfy  our cash requirements for the next 12
months  of  operations.

We  do not expect to purchase or sell any significant equipment nor do we expect
any  significant  changes  in  the  number  of  our  employees.

RESULTS  OF  OPERATIONS.

We  posted  an  operating loss of $2,851 and $9,613 for the respective three and
nine  month periods ending December 31, 2006, due primarily to professional fees
and  office  rent.  This  was  a decrease from the operating loss of $11,875 and
$25,554 for the respective three and nine month periods ended December 31, 2005.

ITEM 3.    CONTROLS AND PROCEDURES

As  required by Rule 13a-15 under the Securities Exchange Act of 1934, as of the
end  of  the period covered by the quarterly report, being December 31, 2006, we
have  carried out an evaluation of the effectiveness of the design and operation
of our company's disclosure controls and procedures. This evaluation was carried
out  under  the  supervision  and  with  the  participation  of  our  company's
management,  including  our company's president. Based upon that evaluation, our
company's  president  concluded  that  our  company's  disclosure  controls  and
procedures  are  effective  as  at the end of the period covered by this report.
There  have  been no significant changes in our internal controls over financial
reporting  that  occurred  during  our  most  recent  fiscal  quarter  that have
materially  affected, or are reasonably likely to materially affect our internal
controls  over  financial  reporting.

Disclosure  controls  and  procedures  and other procedures that are designed to
ensure  that  information  required  to  be  disclosed  in  our reports filed or
submitted  under  the  Securities  Exchange  Act of 1934 is recorded, processed,
summarized  and reported, within the time period specified in the Securities and
Exchange  Commission's  rules  and  forms.  Disclosure  controls  and procedures
include,  without  limitation,  controls  and procedures designed to ensure that
information  required  to be disclosed in our reports filed under the Securities
Exchange  Act  of  1934 is accumulated and communicated to management, including
our  president and secretary as appropriate, to allow timely decisions regarding
required  disclosure.

<PAGE>
PART II.     OTHER INFORMATION

ITEM 1.     LEGAL PROCEEDINGS

The Company is not a party to any material legal proceedings and to its
knowledge, no such proceedings are threatened or contemplated.

ITEM 2.     CHANGES IN SECURITIES AND USE OF PROCEEDS

At  present,  our  common  stock  is  quoted on the OTC bulletin board under the
symbol  "AMPC".

As  of December 31, 2006, there were 91 owners of record of the Company's common
stock.

DIVIDEND  POLICY

Our  Board  of  Directors may declare and pay dividends on outstanding shares of
common  stock  out  of funds legally available there for in our sole discretion;
however,  to  date  no  dividends  have  been paid on common stock and we do not
anticipate  the  payment  of  dividends  in  the  foreseeable  future.

USE  OF  PROCEEDS  FROM  REGISTERED  SECURITIES

On  December  18, 2003, the Securities and Exchange Commission declared our Form
SB-2  Registration  Statement  (Commission  File No. 333-106291) effective.  Our
offering  commenced  on  January  23, 2004, and terminated on June 16, 2004.  We
sold  1,063,400  shares  through the offering at a price of $0.10 per share, for
gross  proceeds  of  $106,340.

On  February  11, 2005, the Securities and Exchange Commission declared our Form
SB-2  Registration  Statement  (Commission  File No. 333-121503) effective.  Our
offering  commenced  on  February  11, 2005, and terminated on May 12, 2005.  We
sold  686,600  shares  through  the  offering at a price of $0.10 per share, for
gross  proceeds  of  $68,660.

The  total  gross  proceeds  from  both  offerings  were  $175,000.

The  following  table  sets  out the calculation of net proceeds from our public
offerings  during  the  period from December 18, 2003, the effective date of our
Form  SB-2  Registration  Statement,  until  December  31,  2006:

<TABLE>
<CAPTION>

--------------------------------------------------------------------------------------
                                                                            Amount ($)
--------------------------------------------------------------------------------------
<S>                                                                         <C>
Gross offering proceeds as of December 31, 2006                                175,000

Offering expenses incurred from December 18, 2003 to December 31, 2006 (1)      13,000
--------------------------------------------------------------------------------------

Total Expenses                                                                  13,000

Net offering proceeds as of December 31, 2006                                  162,000

Debt Repayment                                                                  10,387

Options to Acquire Literary Properties (2)                                      10,000

Motion Picture Pre-production                                                   14,500

Equipment                                                                        4,330

Marketing                                                                        1,838

Working Capital (3)(4)                                                          30,006

Other professional fees (5)                                                     26,119
--------------------------------------------------------------------------------------

Total use of net proceeds                                                   $   68,932
======================================================================================
</TABLE>



(1)  Offering expenses were substantially less than the anticipated aggregate
offering expenses in the amount of $22,500 for both of our registration
statements.
(2)  The sum of $5,000 was paid to Fidel Thomas, our Vice-President and a
director, pursuant to two option agreements dated March 2, and March 3,
respectively, of 2003.
(3)  The sum of $2,687 was paid to Thomas Mills, our President and a director,
as reimbursement for costs incurred by him in paying for office expenses,
including rental expenses, courier charges, communications charges, office
supplies.
(4)  Working capital costs are substantially more than our anticipated needs due
to the unexpected delay in securing production financing.
(5)  The Company incurred additional other professional fees of $26,119,
primarily due to higher than anticipated accounting costs.


ITEM 3.     DEFAULT UPON SENIOR NOTES

Not applicable.


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

None.


ITEM 5.     OTHER INFORMATION

None.


ITEM 6.         EXHIBITS

(A) EXHIBIT     DESCRIPTION

31.1            Certification Pursuant to 18 U.S.C. Section 1350, as Adopted
                Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

32.1            Officers' Certification


SIGNATURES

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

                                             AMP PRODUCTIONS, LTD.


Date: February 13, 2007                      /s/ Thomas Mills
                                             Thomas E. Mills
                                             President & Chief Financial Officer