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 September 30, 2007

         

> 
[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from _____ to _____

Commission file number: 000-50370HYBRID DYNAMICS CORPORATION(Exact name of small business issuer in its charter)			     State of Nevada                                  33-1041835			(State or other jurisdiction of                      (I.R.S. Employer			incorporation or organization)                       Identification No.)892 North 340 East, American Fork, UT  84003(Address of principal executive offices)(801) 756-5831(Issuer's telephone number)                                                                              			(Former name, former address and former fiscal year,			if changed since last report

Check whether the issuer (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the past 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.

Yes [X]   No [  ]

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).

Yes [  ]   No [X]

State the number of shares outstanding of each of the issuer's classes of common equity, as of the latest practicable date:5,187,285 shares outstanding as of October 31, 2007.				Transitional Small Business Disclosure Format:

Yes [  ]   No [X]

----

HYBRID DYNAMICS CORPORATION				INDEX
|              |                                                                      | Page |
|--------------|----------------------------------------------------------------------|------|
| PART I       | FINANCIAL INFORMATION                                                | 3    |
| Item 1.      | Financial Statements                                                 | 3    |
|              | Condensed Consolidated Balance Sheet (Unaudited)                     | 3    |
|              | Condensed Consolidated Statements of Operations (Unaudited)          | 5    |
|              | Condensed Consolidated Statements of Cash Flows (Unaudited)          | 6    |
|              | Notes to the Condensed Consolidated Financial Statements (Unaudited) | 8    |
|    |                                                                      |      |
| Item 2.      | Management’s Discussion and Analysis and Plan of Operations    | 13   |
| Item 3.      | Controls and Procedures                                              | 15   |
|    |                                                                      |      |
| PART II      | OTHER INFORMATION                                                    | 15   |
| Item 1.      | Legal Proceedings                                                    | 15   |
| Item 2.      | Changes in Securities                                                | 15   |
| Item 3.      | Defaults Upon Senior Securities                                      | 15   |
| Item 4.      | Submission of matters to a Vote of Security Holders                  | 15   |
| Item 5.      | Other Information                                                    | 15   |
| Item 6.      | Exhibits                                                             | 15   |
|              | Signatures                                                           | 16   |

2

----

HYBRID DYNAMICS CORPORATION				And Subsidiaries				Condensed Consolidated Balance Sheet				(Unaudited)
|                                                                                       | September 30 |
|---------------------------------------------------------------------------------------|--------------|
|                                                                                       | 2007         |
|                                                                                       | (Unaudited)  |
|                                                                                       |              |
| ASSETS                                                                                |              |  |
| Current Assets:                                                                       |              |  |
|      Cash                                                    | $            | 1,599 |
|      Accounts Receivable                                     |              | 12,991 |
|      Less:  Allowance for doubtful accounts             |              | (8,920) |
|                                                                                       |              |  |
|           Total Current Assets      |              | 5,670 |
|                                                                                       |              |  |
|                                                                             |              |  |
|      Equipment (net of accumulated depreciation of $3,084)   |              | 3,994 |
|      Patents (net of accumulated amortization of $1,501)     |              | 15,129 |
|                                                                                       |              |  |
|                                                                             |              |  |
|           Total Assets              | $            | 24,793 |
|                                                                                       |              | ============== |
|                                                                             |              |  |
| LIABILITIES & STOCKHOLDERS' EQUITY (DEFICIT)                                      |              |  |
| Current Liabilities                                                                   |              |  |
|      Accounts Payable                                        | $            | 178,474 |
|      Accrued Expenses                                        |              | 118 |
|      Notes and Accrued Interest Payable                      |              | 31,008 |
|                                                                                       |              |  |
|           Total Current Liabilities |              |                   209,600 |
|                                                                                       |              |  |
|                                                                             |              |  |
| Long Term Note Payable                                                                |              | 51,811 |
|                                                                                       |              |  |
|           Total Liabilities         |              |                   261,411 |
|                                                                                       |              |  |
|                                                                             |              |  |

3

----

| Stockholders'  Deficit                                                                            |   |                |
|--------------------------------------------------------------------------------------------------------|---|----------------|
|      Preferred Stock - $0.0001 par value, 340,000 shares authorized           |   |                |
|         no shares issued and outstanding                       |   |                |
|      Series A Preferred Stock - $5.00 stated value, 660,000 shares authorized |   |                |
|         no shares issued and outstanding                       |   |                |
|      Common Stock - $.00015 par value, 99,000,000 shares authorized,          |   |                |
|         5,187,285 shares issued and outstanding                | $ | 778            |
|      Additional Paid-In Capital                                               |   | 987,304        |
|      Accumulated (Deficit)                                                    |   | (1,224,700)    |
|           Total Stockholders' Deficit                |   | (236,618)      |
|                                                                                                        |   |                |
|                                                                                              |   |                |
| Total Liabilities and Stockholders' Equity (Deficit)                                                   | $ | 24,793         |
|                                                                                                        |   | ============== |

----

HYBRID DYNAMICS CORPORATION				And Subsidiaries				Condensed Consolidated Statements of Operations				(Unaudited)
|                                              | For the Three Month Period                                                                                                                   |                                                                                        | For the Nine Month Period                                                                                                                    |
|----------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------|
|                                              |           Ending September 30,           |                                                                                        |           Ending September 30,           |
|                                              | 2007                                                                                                                                         |                                                                                        | 2006                                                                                                                                         |  | 2007 |  | 2006 |
|                                              | (Unaudited)                                                                                                                                  |                                                                                        | (Unaudited)                                                                                                                                  |  | (Unaudited) |  | (Unaudited) |
|                                              |                                                                                                                                              |                                                                                        |                                                                                                                                              |  |  |  |  |
|                                    |                                                                                                                                              |                                                                                        |                                                                                                                                              |  |  |  |  |  |  |  |  |
| Revenues                                     | $                                                                                                                                            |              -   |                                                                                                                                              | $ |        4,982 |  | $ |           220 |  | $ |        19,553 |
| Cost of Goods Sold                           |                                                                                                                                              |              -   |                                                                                                                                              |  |        4,758 |  |  |             64 |  |  |        11,363 |
|                                              |                                                                                                                                              |                                                                                        |                                                                                                                                              |  |  |  |  |  |  |  |  |
|    Gross Profit               |                                                                                                                                              |              -   |                                                                                                                                              |  |           224 |  |  |           156 |  |  |          8,190 |
|                                              |                                                                                                                                              |                                                                                        |                                                                                                                                              |  |  |  |  |  |  |  |  |
|                                    |                                                                                                                                              |                                                                                        |                                                                                                                                              |  |  |  |  |  |  |  |  |
| Operating Expenses                           |                                                                                                                                              |                                                                                        |                                                                                                                                              |  |  |  |  |  |  |  |  |
|    General and Administrative |                                                                                                                                              |     117,389                                                             |                                                                                                                                              |  |    164,743 |  |  |    388,514 |  |  |      408,246 |
|    Stock based compensation        |                                                                                                                                              |       45,210                                                  |                                                                                                                                              |  |             -   |  |  |      45,210 |  |  |      384,000 |
|    Marketing                       |                                                                                                                                              |            542                       |                                                                                                                                              |  |             -   |  |  |           542 |  |  |               -   |
|    Bad Debt Expense                |                                                                                                                                              |              -   |                                                                                                                                              |  |             -   |  |  |              -   |  |  |          2,184 |
|    Amortization                    |                                                                                                                                              |            138                       |                                                                                                                                              |  |           138 |  |  |           414 |  |  |             414 |
|    Depreciation                    |                                                                                                                                              |            354                       |                                                                                                                                              |  |           354 |  |  |        1,062 |  |  |          2,184 |
|                                              |                                                                                                                                              |                                                                                        |                                                                                                                                              |  |  |  |  |  |  |  |  |
| Total Operating Expenses                     |                                                                                                                                              |     163,633                                                             |                                                                                                                                              |  |    165,235 |  |  |    435,742 |  |  |      797,028 |
|                                              |                                                                                                                                              |                                                                                        |                                                                                                                                              |  |  |  |  |  |  |  |  |
|                                    |                                                                                                                                              |                                                                                        |                                                                                                                                              |  |  |  |  |  |  |  |  |
| Other Expenses                               |                                                                                                                                              |                                                                                        |                                                                                                                                              |  |  |  |  |  |  |  |  |
|    Minority interest income   |                                                                                                                                              |              -   |                                                                                                                                              |  |             -   |  |  |              -   |  |  |               -   |
|    Interest Expense           |                                                                                                                                              |         4,121                                       |                                                                                                                                              |  |           399 |  |  |        7,994 |  |  |          1,596 |
|    Reverse acquisition        |                                                                                                                                              |              -   |                                                                                                                                              |  |      79,975 |  |  |              -   |  |  |        79,975 |
|                                              |                                                                                                                                              |                                                                                        |                                                                                                                                              |  |  |  |  |  |  |  |  |
| Total Other Expenses                         |                                                                                                                                              |         4,121                                       |                                                                                                                                              |  |      80,374 |  |  |        7,994 |  |  |        81,571 |
|                                              |                                                                                                                                              |                                                                                        |                                                                                                                                              |  |  |  |  |  |  |  |  |
|                                    |                                                                                                                                              |                                                                                        |                                                                                                                                              |  |  |  |  |  |  |  |  |
| Net (Loss)                                   | $                                                                                                                                            |   (167,754)                                                                       |                                                                                                                                              | $ |  (245,385) |  | $ |  (443,580) |  | $ |    (870,409) |
|                                              |                                                                                                                                              | =========                                                                              |                                                                                                                                              |  | ========= |  |  | ========= |  |  | ========= |
|                                    |                                                                                                                                              |                                                                                        |                                                                                                                                              |  |  |  |  |  |  |  |  |
| Net (Loss) Per Common Share                  | $                                                                                                                                            |         (0.07)                                      |                                                                                                                                              | $ |        (1.00) |  | $ |        (0.49) |  | $ |          (3.56) |
|                                              |                                                                                                                                              | =========                                                                              |                                                                                                                                              |  | ========= |  |  | ========= |  |  | ========= |
|                                    |                                                                                                                                              |                                                                                        |                                                                                                                                              |  |  |  |  |  |  |  |  |
| Weighted Average Common Shares Outstanding   |                                                                                                                                              |     2,338,905                                                           |                                                                                                                                              |  |    244,906 |  |  | 920,344 |  |  |      244,906 |
|                                              |                                                                                                                                              | =========                                                                              |                                                                                                                                              |  | ========= |  |  | ========= |  |  | ========= |

----

|                                                                                       | For the Nine Month Period |
|---------------------------------------------------------------------------------------|---------------------------|
|                                                                                       | Ending September 30.      |
|                                                                                       |                           | 2007 |  |  | 2006 |
|                                                                                       |                           | (Unaudited) |  |  | (Unaudited) |
|                                                                                       |                           |  |  |  |  |
|                                                                             |                           |  |  |  |  |
| Cash Flows from Operating Activities                                                  |                           |  |  |  |  |
|                                                                             |                           |  |  |  |  |
| Net (Loss)                                                                            | $                         | (443,580) |  | $ | (870,408) |
|                                                                             |                           |  |  |  |  |
| Adjustments to reconcile net loss to net cash provided by							operating activities: |                           |  |  |  |  |
|    Depreciation & Amortization                                          |                           |    1,476 |  |  |           1,948 |
|    Stock based compensation expenses                                        |                           |            45,210 |  |  |        290,088 |
|    Warrants issued for services                                             |                           |          (3,600) |  |  |          94,320 |
|    Reverse Acquisition                                                      |                           |                  -   |  |  |          20,499 |
| Changes in assets and liabilities:                                                    |                           |  |  |  |  |
|    Accounts receivable                                                      |                           |           966 |  |  |          (4,544) |
|    Allowance for doubtful accounts                                          |                           |             -   |  |  |           2,184 |
|    Investment in Pukka                                                      |                           |         (6,701) |  |  |        -   |
|    Employee advances                                                        |                           |         -   |  |  |  (3,500) |
|    Inventory                                                                |                           |     -   |  |  |         4,564 |
|    Accrued Expenses                                                         |                           | 4,138 |  |  |           59 |
|    Accrued wages                                                            |                           | 233,910 |  |  |      160,822 |
|    Accounts payable and accrued expenses                                    |                           |    118,898 |  |  | 114,713 |
|                                                                                       |                           |  |  |  |  |
|                                                                                       |                           |  |  |  |  |
| Net cash used by Operating Activities                                                 |                           |      (49,283) |  |  |       (189,255) |
|                                                                                       |                           |  |  |  |  |
|                                                                             |                           |  |  |  |  |
| Cash Flows from Investing Activities:                                                 |                           |  |  |  |  |
|    Capitalized patent costs                                                 |                           |        (1,428) |  |  |            -   |
|    Purchase of fixed assets                                                 |                           |          -   |  |  |       -   |
|                                                                                       |                           |  |  |  |  |
|                                                                             |                           |  |  |  |  |
| Net cash used by Investing Activities                                                 |                           |     (1,428) |  |  |  -   |
|                                                                                       |                           |  |  |  |  |
|                                                                             |                           |  |  |  |  |
| Cash Flows from Financing Activities:                                                 |                           |  |  |  |  |
|    Sale of common stock for cash                                            |                           |       -   |  |  |      125,000 |
|    Loans from shareholders and investors                                    |                           |  50,437 |  |  |      15,000 |
|    Payments on line of credit                                               |                           |       (39) |  |  |    (1,859) |
|    Increase in deferred income                                              |                           |         -   |  |  |     43,400 |
|    Cash received on stock subscription                                      |                           |       -   |  |  |    6,600 |
|                                                                                       |                           |  |  |  |  |
|                                                                             |                           |  |  |  |  |
| Net cash from Financing Activities                                                    |                           |  50,398 |  |  |   188,141 |
|                                                                                       |                           |  |  |  |  |
|                                                                             |                           |  |  |  |  |
| Net (Decrease) Increase in Cash                                                       | $                         |     (313) |  | $ |   (1,114) |
| Cash at Beginning of Period                                                           |                           |         1,912 |  |  |       9,256 |
|                                                                                       |                           |  |  |  |  |
| Cash at End of Period                                                                 | $                         | 1,599 |  | $ |      8,142 |
|                                                                                       |                           | =========== |  |  | =========== |

6

----

|                                                                         | Nine Months Ended September 30, |
|-------------------------------------------------------------------------|---------------------------------|
|                                                                         | 2007                            |  | 2006 |
|                                                                         |                                 |  |  |
|                                                               |                                 |  |  |  |  |
| **Supplemental disclosure of cash flow information**                    |                                 |  |  |  |  |
| Cash paid for:                                                          |                                 |  |  |  |  |
|    Interest                                                   | $                               | - |  | $ | - |
|                                                                         |                                 | =========== |  |  | =========== |
|    Income Taxes                                               | $                               | - |  | $ | - |
|                                                                         |                                 | =========== |  |  | =========== |
|                                                               |                                 |  |  |  |  |
| Supplemental disclosure of non-cash investing and financing activities: |                                 |  |  |
|    Shares issued for acquisitions (See Note 8)                | $                               | - |  | $ | - |
|                                                                         |                                 | =========== |  |  | =========== |
|    Repayment of advances to former officer                    | $                               | - |  | $ |              14,258 |
|                                                                         |                                 | =========== |  |  | =========== |

----

				Notes to the Condensed Consolidated Financial Statements				September 30, 2007				(Unaudited)				Note 1 - Unaudited Financial Information				The unaudited financial information included for the nine-month interim period ended September 30, 2007 and 2006 were taken from the books and records without audit. However, such information reflects all adjustments (consisting only of normal recurring adjustments), which are of the opinion of management, necessary to reflect properly the results of operations for the interim period presented. The results of operations for the nine-month period ended September 30, 2007 are not necessarily indicative of the results expected for the fiscal year ending December 31, 2007.				Note 2 - Financial Statements and Basis of Presentation				Management has elected to omit substantially all footnotes relating to the condensed financial statements of the Company included in this report.  For a complete set of footnotes, reference is made to the Company's Current Report on Form 10-KSB/A as filed with the Securities and Exchange Commission on June 20, 2007 and the audited financial statements included therein.				The accompanying unaudited financial statements include the accounts of the Company, the accounts of its wholly owned subsidiary Pukka USA, Inc. (as the accounting parent of the consolidated group), the accounts of Red Iron Group LLC, the accounts of Fire Ant Corporation, and the accounts of Infomac Corporation, all are wholly owned subsidiaries of Pukka.  See Notes 4, 5 and 8.				Note 3 – Going Concern				Our current funds are less than necessary for commercialization of our planned products, and therefore we will need to obtain additional debt or equity financing in order to carry out our business plan. We anticipate that up to $2,000,000 of additional working capital will be required over the next 12 months to finance the costs and expenses associated with the market introduction of our products through joint venture partners or otherwise. We do not have sufficient cash on hand to meet these anticipated obligations.				We do not currently have any commitments for financing and we may not be able to find such financing and if available, such financing may not be available on reasonable terms.  Obtaining additional financing is subject to a number of factors, including market conditions and overall investor sentiment, and such factors may make the timing, amount, terms or conditions of additional financing unavailable to us. 				Our present operations depend upon the continued support of our shareholders and executive officers, and our continuation as a going concern is dependent upon continued financial support from these parties.				Note 4 – 2006 Reverse Acquisition				Hybrid Dynamics Corporation (“Hybrid”) entered into a Share Exchange Agreement with Pukka USA, Inc. (“Pukka”) and its shareholders on June 7, 2006.  This transaction was consummated on

8

----

5,187,285

9

----

10

----

On September 17, 2007 the company filed an Amendment to its Certificate of Designation to no longer authorize any “Series A 5% Convertible Preferred Stock,” originally designated on November 14, 2006. The Amendment designates 660,000 shares of its preferred stock as “Series A 8% Convertible Preferred Stock.” Each share of Series A Preferred Stock (a) has a stated value of $5.00 per share (“Stated Value”), (b) is non-voting, (c) includes a dividend of 8% per annum paid annually, (d) may be redeemed at any time for an amount equal to the Stated Value 
plus all accumulated and unpaid dividends

11

----

12

----

13

----

14

----

```

```

| Exhibit No. |                     Exhibit                     |
|-------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 3.1 *       | Amendment # 4 to Articles of Incorporation creating Series A 8% Convertible Preferred Stock.                                                                                                                                                            |
| 31.1 *      | Rule 13a-14(a)/15d-14(a) Certification of Principal Executive Officer                                                                                                                                                                                   |
| 31.2 *      | Rule 13a-14(a)/15d-14(a) Certifications of Principal Financial & Accounting Officer                                                                                                                                                                 |

15

----

| 32.1 *              | Certification Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 of Principal Executive Officer  |
|--------------------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------|
| 32.2 *                                                                               | Certification Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 of Principal Accounting Officer |
|                                                                  |                                                                                                                                              |
|                                                                            | * Filed herewith.                                                                                                                                      |

				SIGNATURES

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

|              |                                                 | Hybrid Dynamics Corporation                                                                                                               |
|--------------|-------------------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------|
|    |                                                 |                                                                                                                                           |
| Date         | November 14, 2007      | /s/ LEONARD DUCHARME                                                                    |
|              |                                                 | Leonard DuCharme, CEO                                                                                                                     |
|              |                                                 | Principal Executive Officer                                                                                                               |
|    |                                                 |                                                                                                                                           |
| Date         | November 14, 2007      | /s/ DARREN JENSEN                     |
|              |                                                 | Darren Jensen, Treasurer                                                                                                                  |
|              |                                                 | Principal Accounting Officer                                                                                                              |
|              |                                                 |                                                                                                                                           |

16

----