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


                                   FORM 10-QSB

[X]  Quarterly Report under Section 13 or 15(d) of the Securities Exchange Act
     of 1934 for the quarterly period ended January 31, 2005.

[ ]  Transition Report under Section 13 or 15(d) of the Exchange Act for the
     transition period from _________________ to _________________.

                         Commission file number 0-27587


                  STRATEGY INTERNATIONAL INSURANCE GROUP, INC.
        (Exact name of small business issuer as specified in its charter)


                       Texas                             16-1644353
 (State or other jurisdiction of            (I.R.S. Employer Identification No.)
  incorporation or organization)

                          200 Yorkland Blvd., Suite 710
                         Toronto, Ontario M2J5C1, Canada
                      (Address principal executive offices)

                                 (416) 496-9988
                           (Issuer's telephone number)

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


         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 registrant was required to file such reports), and (2)
has been subject to such filing requirements for the past 90 days. Yes _X_ No __

         State the number of shares outstanding of each of the issuer's classes
of common equity, as of latest practicable date: As of January 31, 2005 we had
61,470,000 shares of common stock, par value $0.001 per share, issued and
outstanding.

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



<PAGE>

          STRATEGY INTERNATIONAL INSURANCE GROUP, INC. AND SUBSIDIARIES
                           FORMERLY CI SELL CARS, INC.

                           CONSOLIDATED BALANCE SHEETS
                                   (UNAUDITED)

<TABLE>
<CAPTION>

                                                                       January 31,        April 30,
                                                                          2005               2004
                                                                          ----               ----
<S>                                                                  <C>               <C>
ASSETS
------

Current Assets:
  Cash and cash equivalents                                          $   3,904,836     $     184,000
  Cash - restricted                                                     33,121,338                 -
  Mortgage Interest receivable                                           2,788,621           378,375
  Accounts receivable-other                                                 75,000                 -
                                                                     -------------     -------------
Total Current Assets                                                    39,889,795           562,375

  Mortgage notes receivable - held to maturity                         112,231,610       104,231,610
  Fixed assets                                                              27,294                 -
  Other assets                                                             174,759                 -
  Unamortized finance costs                                              3,838,344                 -
  Due from affiliate                                                     2,109,218                 -
                                                                     -------------     -------------
Total Assets                                                         $ 158,271,020     $ 104,793,985
                                                                     =============     =============

LIABILITIES AND STOCKHOLDERS' EQUITY
------------------------------------

Current Liabilities:
  Accrued preferred dividends payable                                $   9,708,425     $   3,474,387
  Accounts payable and accrued liabilities                                 606,056            14,222
  Loan Payable - related party                                             275,000                 -
  Notes Payable                                                          7,000,000                 -
  Claims reserves                                                        1,476,092                 -
                                                                     -------------     -------------

Total Current Liabilities                                               19,065,573         3,488,609
                                                                     -------------     -------------

Long-term debt:
  Redeemable insured series (A) and (B) preferred stock                 50,000,000                 -
                                                                     -------------     -------------

Total Liabilities                                                       69,065,573         3,488,609
                                                                     -------------     -------------

Stockholders' Equity:
  Common stock ($.001 par value, 100,000,000 shares authorized              61,470            46,000
    61,470,000 and 46,000,000 shares issued and outstanding as of
    January 31 2005 and April 30, 2004 respectively)

Additional paid in capital                                                 303,760           304,000

  10% Cumulative Class A Preferred stock ($.001 stated value,           47,670,084        47,670,084
    unlimited shares authorized, 47,670 issued and outstanding)

  10% Cumulative Class B Preferred stock ($.001 stated value,           56,561,526        56,561,526
    unlimited shares authorized, 56,562 issued and outstanding)

Accumulated deficit                                                    (15,391,393)       (3,276,234)
                                                                     -------------     -------------

Total Stockholders' Equity                                              89,205,447       101,305,376
                                                                     -------------     -------------
Total Liabilities and Stockholders' Equity                           $ 158,271,020     $ 104,793,985
                                                                     =============     =============
</TABLE>


                                      -2-
<PAGE>

          STRATEGY INTERNATIONAL INSURANCE GROUP, INC. AND SUBSIDIARIES
                           FORMERLY CI SELL CARS, INC.

          CONSOLIDATED STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME
                                   (UNAUDITED)

<TABLE>
<CAPTION>

                                                          For the Three Months Ended          For the Nine Months Ended
                                                                 January 31,                         January 31,
                                                            2005              2004              2005             2004
                                                            ----              ----              ----             ----

<S>                                                   <C>               <C>               <C>               <C>
Gross Written Premiums                                $    1,512,087    $         -       $     1,953,458   $           -
                                                      ==============    ===========       ===============   =============

Expenses:
Amortization of finance costs                                264,736              -               264,736               -
Brokerage and Acquisition Costs                               85,949              -               215,660               -
Fees and commissions                                       3,000,000              -             3,000,000               -
General and administrative expenses                        2,909,090              -             4,117,670               -
Depreciation                                                   8,467              -                 8,467               -
                                                      --------------    -----------       ---------------   -------------

Total expenses                                             6,268,242              -             7,606,533               -
                                                      --------------    -----------       ---------------   -------------

Net (loss) from operations                                (4,756,155)             -            (5,653,075)              -
Other Revenue (Expense):
  Investment Income                                          963,050              -             2,492,614               -
Interest expense                                             (88,668)             -               (88,668)              -
                                                      --------------    -----------       ---------------   -------------
Net Income (loss) before discontinued operations          (3,881,773)             -            (3,249,129)              -
                                                      --------------    -----------       ---------------   -------------

Discontinued operations                                            -              -               (15,555)              -
                                                      --------------    -----------       ---------------   -------------

Net Income (loss) before preferred dividend               (3,881,773)             -            (3,264,684)              -
                                                      --------------    -----------       ---------------   -------------

Dividends on preferred stock                              (3,638,895)             -            (8,850,475)              -
                                                      --------------    -----------       ---------------   -------------

Net (loss) on common stock                            $   (7,520,663)   $         -       $   (12,115,159)  $           -
                                                      ==============    ===========       ===============   =============

Loss per Share:
  Basic and diluted loss per share:
  Continued Operations                                $        (0.12)   $         -       $         (0.21   $           -
                                                      ==============    ===========       ===============   =============
  Discontinued Operations                             $        (0.00)   $         -       $         (0.00   $           -
                                                      ==============    ===========       ===============   =============
  Basic and diluted weighted average common shares
    outstanding                                           61,470,000              -            58,891,667               -
                                                      ==============    ===========       ===============   =============
</TABLE>

----------
The accompanying notes are an integral part of these consolidated financial
statements.


                                      -3-
<PAGE>

          STRATEGY INTERNATIONAL INSURANCE GROUP, INC. AND SUBSIDIARIES
                           FORMERLY CI SELL CARS, INC.

                      CONSOLIDATED STATEMENT OF CASH FLOWS
                                   (UNAUDITED)

<TABLE>
<CAPTION>


                                                                      For the Nine Months Ended
                                                                              January 31,
                                                                  2005                        2004
                                                                  ----                        ----
<S>                                                       <C>                            <C>
Cash Flows (used in) Operating Activities:
Net (loss) on common stock                                $       (12,115,159)           $            -
Adjustments to reconcile net (loss) on common stock
to net cash provided by operations:
Amortization of finance cost                                          264,736                         -
Depreciation expense                                                    8,467                         -
increase in dividends payable on preferred stock                    8,850,476                         -
Changes in operating assets and liabilities:
Increase in accounts receivable-other                                 (75,000)                        -
Increase in mortgage interest receivable                           (2,410,246)                        -
Increase in other assets                                             (174,759)                        -
Increase in claim reserve                                           1,476,092                         -
Increase in accrued expenses                                          591,386                         -
                                                          -------------------            --------------
Net cash flows used in operating activities               $        (3,584,007)                        -
                                                          -------------------            --------------

Cash Flows from Investing Activities:
Increase in restricted cash                                       (33,121,338)                        -
Increase in mortgage receivable                                    (8,000,000)                        -
Purchase of property and equipment                                    (35,761)                        -
Increase in loan receivable - affiliates                           (2,109,218)                        -
Cash acquired in reverse merger                                        15,678                         -
                                                          -------------------            --------------
Net cash (used in) investing activities                           (43,250,639)                        -
                                                          -------------------            --------------

Cash Flows Provided by Financing Activities:
Issuance of notes payable                                           7,000,000                         -
Loan payable - related party                                          400,000                         -
Payment of loan payable - related party                              (125,000)                        -
Issuance of redeemable preferred stock                             50,000,000                         -
Finance cost paid                                                  (4,103,080)                        -
Dividend paid on preferred stock                                   (2,616,438)                        -
                                                          -------------------            --------------
Net cash provided by financing activities                          50,555,482                         -
                                                          -------------------            --------------

Net increase in Cash and Cash Equivalents                           3,720,836                         -
                                                          -------------------            --------------

Cash and Cash Equivalents, beginning of period                        184,000                         -

Cash and Cash Equivalents, end of period                  $         3,904,836            $            -
                                                          ===================            ==============

Supplemental Disclosure of Noncash Investing and
Financing Activities:
Reverse merger:
Common stock issued                                       $            15,230            $            -
                                                          ===================            ==============
Liabilities assumed                                       $               448            $            -
                                                          ===================            ==============
Cash acquired                                             $            15,678            $            -
                                                          ===================            ==============
</TABLE>

----------
The accompanying notes are an integral part of these consolidated financial
statements. .


                                      -4-
<PAGE>

          STRATEGY INTERNATIONAL INSURANCE GROUP, INC. AND SUBSIDIARIES
                           FORMERLY CI SELL CARS, INC.

                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

                                JANUARY 31, 2005



1.       SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of presentation
---------------------

On June 14,  2004,  CI Sell  Cars,Inc.  ("we" or the  "Company")  completed  the
transactions  contemplated  under an Agreement and Plan of  Reorganization  (the
"Definitive  Stock Exchange  Agreement")  with Strategy  Holding Company Limited
("Strategy"),  Frank Ney and Kavrav Ltd. (collectively the "Sellers").  Pursuant
to the  Definitive  Stock  Exchange  Agreement,  Strategy  became a wholly owned
subsidiary of the Company. The Company subsequently changed its name to Strategy
International  Insurance  Group,  Inc. The Definitive  Stock Exchange  Agreement
provided  for the  acquisition  of Strategy by the  Company;  the  purchase  and
retirement of 25,827,000  shares of the Company's common stock by Strategy;  the
forward split of the remaining  1,105,000  shares of the Company's  common stock
into  15,470,000  shares;  the issuance of  45,100,000  shares of the  Company's
common stock to the Sellers; and the issuance of 900,000 shares of the Company's
common stock as a finders fee.

The stock  exchange  transaction is accounted for as a purchase with the Company
deemed the acquiror for accounting and financial  reporting  purposes.  However,
since the sellers owned  approximately  74% of our outstanding  shares after the
transaction,  no step up in basis or goodwill will be recorded.  This accounting
treatment is in accordance  with the  Securities and Exchange  Commission  Staff
Members  position  that the  acquisition  by a public  shell  of the  assets  or
business of a private  company  should be accounted for at  historical  cost and
accounted for as a reverse merger.

The accompanying unaudited financial statements have been prepared in accordance
with the  accounting  principles  generally  accepted  in the  United  States of
America  and the rules and  regulations  of the  United  States  Securities  and
Exchange Commission for interim financial information.  Accordingly, they do not
include  all  the  information  and  footnotes  necessary  for  a  comprehensive
presentation of financial  position and results of operations and should be read
in  conjunction  with our Annual Report Form 10-KSB for the year ended April 30,
2004 and in conjunction with the financial statements of the company included in
form 8-KA dated August 30, 2004.

The  statements  of  operations  for the three and nine months ended January 31,
2005 and 2004 are not necessarily indicative of results for the full year.



                                      -5-
<PAGE>

It is management's opinion,  however, that all material adjustments  (consisting
of normal  recurring  adjustments)  have been made which are  necessary for fair
financial  statement  presentation.  The results for the interim  period are not
necessarily indicative of the results to be expected for the year.

Earnings (Loss) per Share
-------------------------

The Company computes  earnings or loss per share in accordance with Statement of
Financial  Accounting  Standards No. 128, "Earnings Per Share" (SFAS 128). Basic
earnings  per  share  is  computed  by  dividing  income   available  to  common
stockholders  by the  weighted  average  number  of common  shares  outstanding.
Diluted  earnings per share reflects the potential  dilution that could occur if
securities or other agreements to issue common stock were exercised or converted
into  common  stock.  Diluted  earnings  per share is  computed  based  upon the
weighted average number of common shares and dilutive common  equivalent  shares
outstanding, which include convertible debentures, stock options and warrants.

The  accompanying  financial  statements  have been prepared in accordance  with
accounting principles generally accepted in the United States of America and all
amounts are stated in U.S. dollars.

2.       CAPITAL TRANSACTIONS

On November  16, 2004,  a group of  investors  invested an  aggregate  amount of
US$50,000,000  in Units (the  "Units")  comprised  of  securities  issued by the
Registrant  and  its  subsidiary,  Strategy  Real  Estate  Investments  Ltd.,  a
corporation  formed under the laws of the Province of Ontario,  Canada ("SREI").
Each Unit is comprised of (i) one share of Series A Insured Redeemable Preferred
Stock of SREI (the "Series A  Preferred"),  (ii) one share of Series B Preferred
Stock of SREI (the "Series B Preferred")  and (iii) a warrant (the "Warrant") to
purchase  shares of  common  stock,  $0.01 par  value,  of the  Registrant.  The
purchase price was $10,000 per Unit.

The funds  will be used to  invest,  through  placements  of  short-term  second
mortgages,  in five (5)  special  purpose  residential  real  estate  properties
("SPEs") in Canada,  being  developed  by the Lux Group Inc.,  a company  formed
under the laws of the Province of Ontario,  Canada and under common control with
SREI.

The offer and sale of the Units was made to "accredited investors", as that term
is defined under Rule 501 under  Regulation D of the  Securities Act of 1933, as
amended, pursuant to the exemption from registration requirements under Rule 506
and Section 4(2) of the Securities Act.

Series A Preferred of SREI
--------------------------

The  Series A  Preferred  shares  will pay  dividends  at an annual  rate of ten
percent (10%), which shall be paid quarterly.  An insurance company with an "A-"
rating by AM Best's is insuring  payment of 100% of the  quarterly  dividends on
the Series A Preferred  over the three (3)


                                      -6-
<PAGE>

year period  they will be  outstanding  and the  liquidation  preference  of the
Series  A  Preferred  pursuant  to  a  Contingent  Guarantee  Policy.  Upon  the
occurrence  of  certain  events  of  default  (as set forth in the  Articles  of
Incorporation of SREI), the Series A liquidation  preference and all accrued and
unpaid  dividends  thereon  shall  become  immediately  payable.  The  Series  A
Preferred will be subject to mandatory  redemption by SREI, three (3) years from
the  date  of  issuance  (the  "Maturity   Date"),  at  their  full  liquidation
preference, net of all appropriate Canadian withholding and income tax, plus all
accrued and unpaid dividends.

Series B Preferred of SREI
--------------------------

Each share of Series B Preferred  of SREI  entitles  its holder to receive a pro
rata share of five percent (5%) of the gross sales (the "Gross Sales  Interest")
from  each of the five (5) SPEs in which  SREI  invests.  Payments  of the Gross
Sales Interest shall be made from time to time after the sale of each project by
the SPEs to a third  party for  monetary  consideration.  SREI will  receive the
Gross Sales Interest  (which will be paid out to the holders of shares of Series
B Preferred)  pursuant to Participation  Agreements between SREI and each of the
five (5) SPEs.  The shares of Series B Preferred of SREI are not  redeemable and
they will  continue to receive the Gross Sales  Interest for as long as they are
outstanding.  No dividends (other than payment of the Gross Sales Interest) will
be payable on the shares of Series B Preferred.

Warrants to Purchase Common Stock of the Registrant
---------------------------------------------------

Each Warrant is  exercisable,  prior to the Maturity Date, into shares of common
stock, $.001 par value, of the Registrant. Each Warrant will allow its holder to
exercise  the  warrant  into a number of shares  of  common  stock  equal to the
quotient  obtained by dividing (a) the  liquidation  preference  of the Series A
Shares owned by such investor plus any accrued and unpaid  dividends  thereon by
(b) the then applicable set price. The initial set price is $1.6671.

In order to exercise  the  Warrant,  an investor  will be required to submit for
cancellation  a  certificate  representing  Series A  Preferred  shares with the
appropriate  liquidation  preference.  The  Company  was  obligated  to  file  a
registration  statement  to register  such number of shares of its common  stock
into  which the  warrants  are  exercisable  in  accordance  with the terms of a
Registration  Rights  Agreement,  not later  than  December  31,  2004,  and the
registration  statement was to be declared  effectively  by April 1, 2005 or the
Company will incur a 2% monthly penalty. The company is currently negotiating an
extension to this penalty covenant.

In connection with the sale of the SREI units, the Company recorded the proceeds
as long term debt in accordance FASB 150 (Accounting for Equity Instruments with
both  Debt and  Equity  Characteristics).  In  addition,  the  Company  recorded
$4,103,080  as  additional  unamortized  finance  costs  for costs  incurred  in
connection with the sale of the Units.  The Company will amortize the additional
finance costs over  thirty-six (36) months,  the term of the redeemable  insured
preferred stock. The Company expensed  $264,736 in respect of such  amortization
during the period ending January 31, 2005.



                                      -7-
<PAGE>

The Company used $8,080,000 from the proceeds of the SREI transaction to acquire
(2) two $4,000,000 mortgages on properties being developed by the Lux Group Inc.
The mortgages yield 13.2% interest and are  collateralized  by the property.  In
addition,  the Company  extended other loans and advances on behalf of the SPE's
as of January 31, 2005.  As of January 31, 2005,  SREI retained  $33,121,338  of
cash on hand,  which it derived  from the  November  2004  private  placement of
Units. As noted above, this cash will be used in the acquisition of certain real
estate  properties by SREI.  Accordingly,  this cash is classified as restricted
cash on the Company's consolidated balance sheet.

3.       Planned Acquisition

On December 17, 2004, we announced the we intend to acquire all the  outstanding
common stock of RS Group of Companies, Inc. (OTCBB:RSGC) for combination of cash
and stock. Our management,  together with RS Group of Companies, Inc., is in the
process of determining the most effective method of achieving this  acquisition.
We have engaged a financial  services firm to render fairness opinions regarding
the  transaction.  We currently  engaged in diligence and  negotiations  with RS
Group.  We do not  anticipate  that the  transaction  will be  conditioned  upon
obtaining  any  external  financing.  A majority  of the issued and  outstanding
shares of common  stock of RS Group of  Companies  are owned by our  affiliates,
executive officers and directors.

4.       Notes Payable

During December,  2004 the Company borrowed  $7,000,000  through the issuance of
12%  promissory  notes due June 23,  2005.  The proceeds of the notes were to be
used to partially  repay amounts  outstanding on existing  mortgage loans of the
SVC- Napa , L.P, California limited partnership  relating to its time share real
property located in Napa, California.

5.       Employment and Consulting Agreements

During the quarter ending January 31, 2005, the Company  entered into consulting
agreements  commencing  October  1, 2004 with three (3)  individuals  serving in
executive  capacities to the Company.  The consulting contracts are for $500,000
annually each. The expiration dates of these consulting  agreements have not yet
been agreed upon.

During  February,  2005, the Company  retained the services of Louis E. Lettieri
CPA to act as Chief Financial  Officer.  While the terms of a final contract are
being finalized. Mr. Lettieri is currently being compensated at an annual salary
of $350,000 plus  expenses and benefits  commensurate  with the  position.  Also
during the quarter ending January 31, 2005, the Company  retained the service of
Philip  Armstrong  to act as the  managing  director  for  the  London,  England
operation.  The final terms of his contract are still being negotiated.  However
Mr.  Armstrong is currently  being  compensated  on the basis of  (pound)125,000
(Approximately $240,450) plus benefits and expenses.

6.       Related Party Transactions

Strategy has received loans and made advances to entities under common  control.
As of January 31, 2005, $2,109,218 was due to the Company. During March 2005 the
amount was  collected in full. In addition,  the Company paid  $3,000,000 to the
R.S. Group in connection with the placement of financial guarantee insurance for
the SREI real estate properties.



                                      -8-
<PAGE>

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

         The  following  contains  forward-looking  statements  based on current
expectations,   estimates  and  projections  about  our  industry,  management's
beliefs, and assumptions made by management.  All statements,  trends,  analyses
and  other  information  contained  in this  report  relative  to  trends in our
financial condition and liquidity, as well as other statements,  including,  but
not  limited  to,  words  such as  "anticipate,"  "believe,"  "plan,"  "intend,"
"expect," "predict," and other similar expressions  constitute those statements.
These  statements  are not guarantees of future  performance  and are subject to
risks and  uncertainties  that are  difficult  to predict.  Accordingly,  actual
results  may  differ  materially  from those  anticipated  or  expressed  in the
statements.  Potential risks and uncertainties  include, among others, those set
forth in our Form 10-KSB  Report for the year ended April 30,  2004.  Particular
attention  should be paid to the  cautionary  statements  involving  our limited
operating   history,   the   unpredictability   of  our  future  revenues,   the
unpredictable  and  evolving  nature  of our  business  model,  the  competitive
financial   services   industries   and  the  risks   associated   with  capital
requirements, systems development,  management of growth and business expansion,
as well as other risk factors.

Results Of Operations

         Overview

         Strategy International Insurance Group, Inc. ("we" or the "Company") is
the  publicly-traded  parent company of Strategy Holding Company Limited and its
wholly-owned  subsidiary,  Strategy Insurance Limited, that were incorporated in
Barbados on December 23, 2003 under the Exempt  Insurance Act.  Strategy Holding
Company  Limited is not  engaged in any  business  other  than  owning  Strategy
Insurance Limited. Strategy Insurance Limited is the operating insurance company
of the group.

         In early February 2004, as part of its initial capitalization, Strategy
Holding Company Limited received, as consideration for the issuance of shares of
its  Series A  Preferred  Stock and Series B  Preferred  Stock,  mortgage  notes
receivable totaling  $104,231,610.  The notes mature on April 1, 2014. The notes
are  collateralized  by real  estate  having  an  estimated  fair  market  value
(confirmed  by  independent  appraisals)  equal to the  carrying  amount  of the
mortgage notes.

         On June 14, 2004, a closing was  completed  under an Agreement and Plan
of  Reorganization  (the "Definitive  Stock Exchange  Agreement") with Strategy,
Frank Ney and Kavrav Ltd.  Pursuant to the Definitive Stock Exchange  Agreement,
Strategy  Holding  Company  Limited became a wholly owned  subsidiary of CI Sell
Cars,  Inc.  (sometimes  referred  to as  "CI"),  the  predecessor  company.  In
connection  therewith,  Frank Ney  exchanged  his 60  shares of common  stock of
Strategy Holding Company Limited for 26,691,840 shares of the Company and Kavrav
Ltd. exchanged its 40 shares of common stock of Strategy Holding Company Limited
for 18,408,160  shares of the Company.  On October 29, 2004, CI changed its name
to Strategy International Insurance Group, Inc.



                                      -9-
<PAGE>

         Through  Strategy  Insurance  Limited,  we are a holding company for an
integrated,  international  group of providers of specialty  lines of insurance,
reinsurance  and  structured  risk  solutions,  focusing on credit  enhancement,
contingent  liability and other  specialty  insurance and  reinsurance.  We have
developed and are implementing a strategy to design,  structure and sell a broad
series of  pass-through  risk,  specialty  insurance  and  reinsurance  platform
products.  We have  offices in  Barbados,  West  Indies;  London,  England;  and
Toronto,  Canada.  We are in the  process of  opening  an office in Newark,  New
Jersey.

         Strategy  Insurance  Limited received an Exempt Insurance  License from
the  Ministry  of Finance,  Barbados,  West  Indies,  on March 25,  2004,  which
authorizes  Strategy  Insurance  Limited to engage in the  following  classes of
insurance business from within Barbados:

o        General insurance business.
o        Credit and liability insurance.
o        Mortgage indemnity insurance.
o        Rental guarantee insurance.
o        Reinsurance.

         Through January 31, 2005, we have generated revenues of $1,953,458 from
writing  general  insurance  business  policies,   credit  insurance   policies,
liability insurance policies and reinsurance policies.

         On November 16, 2004, a wholly-owned  subsidiary of Strategy  Insurance
Limited,  Strategy Real Estate  Investments Ltd., a corporation formed under the
laws of the  Province of  Ontario,  Canada,  and the Company  sold to a group of
institutional  and  accredited  investors  in a private  placement  exempt  from
registration  under Section 4(2) of the Securities  Act of 1933, as amended,  an
aggregate amount of $50,000,000 of units,  each unit consisting of (a) one share
of  Series  A  Insured  Redeemable  Preferred  Stock  of  Strategy  Real  Estate
Investments;  (b) one share of Series B Preferred  Stock of Strategy Real Estate
Investments;  and (c) warrants to purchase shares of our common stock, $.001 par
value per share. The purchase price was $10,000 per unit.

         On December  17, 2004,  we announced  that we intend to acquire all the
outstanding  common  stock of RS Group of  Companies,  Inc.  (OTCBB:RSGC)  for a
combination of cash and stock,  which would result in an approximate value to RS
Group common  stockholders of $1.75 per common share  (approximately  65 million
shares  outstanding),  representing a 237 percent premium over the closing price
of $0.52  on  December  15,  2004.  Our  management,  together  with RS Group of
Companies,  Inc., is in the process of determining the most effective  method of
achieving this acquisition.  We have engaged a valuation firm to provide us with
an independent valuation and fairness opinion regarding the transaction.  We are
currently  engaged  in  diligence  and  negotiations  with RS  Group.  We do not
anticipate that the transaction  will be conditioned upon obtaining any external
financing. A majority of the issued and outstanding shares of common stock of RS
Group  of  Companies  are  owned  by  our  affiliates,  executive  officers  and
directors.

         We are a recent "start-up" and we are in our development stage. We have
limited  financial and operating  history.  As of January 31, 2005 we underwrote
insurance  policies in the amount of  $1,953,458  and we had working  capital of
$20,824,222.


                                      -10-
<PAGE>

Results of Operations For The Three Months Ended January 31, 2005

         Revenues.  Revenues for the three  months  ended  January 31, 2005 were
$1,512,087  consisting of insurance  premiums  generated by business  written in
Europe and Asia.  Management  believes the Registrant  will continue to generate
revenues  from  international  sources  as a result  of its  continuing  working
relationship with insurance brokers in London.

         General  and  Administrative   Expenses.   General  and  Administrative
Expenses for the three months ended January 31, 2005 were $2,909,090,  comprised
of claims reserves,  payroll,  travel, legal and accounting fees, and consulting
fees and office expenses (including rent) and various other immaterial costs. We
anticipate  that as the business grows we will likely see increases in virtually
all expense categories,  particularly during the course of the next 12 months as
the  company  moves out of its  initial  start-up  phase  into a full  operating
status.

         Other Revenue  (Expense).  Other Revenue (Expense) for the three months
ended  January  31,  2005  were  $874,382,   comprised  of  interest  income  on
$104,231,610  of Mortgage Notes  Receivable at a 2.5% annual  interest rate, two
$4,000,000  Mortgage Notes  Receivable at 13.2% annual rate,  interest earned on
overnight investment, and interest expense paid on $7,000,000 of notes payable.

         Dividends on  Preferred  Stock.  Dividends  on Preferred  Stock for the
three months ended January 31, 2005 were $3,638,895, comprised of a 10% dividend
payable on the Cumulative  Preferred A and Cumulative  Preferred B shares issued
and outstanding.

Results of Operations For The Nine Months Ended January 31, 2005

         Revenues.  Revenues for the nine months ended January 31, 2005 were the
$1,953,458.

         General  and  Administrative   Expenses.   General  and  Administrative
Expenses for the nine months ended January 31, 2005 were  $4,117,670,  comprised
of claims reserves,  payroll,  legal and accounting fees, consulting expense and
office costs (including rent), and other immaterial operating costs.

         Other Revenue  (Expense).  Other Revenue  (Expense) for the nine months
ended  January 31, 2005 were  $2,403,947,  comprised  of interest  income on the
Mortgage  Notes  Receivable  of  $104,231,610,  two  $4,000,000  Mortgage  Notes
Receivable at 13.2% annual rate,  interest earned on overnight  investment,  and
interest expense paid on $7,000,000 of notes payable.

         Dividends on Preferred Stock. Dividends on Preferred Stock for the nine
months  ended  January  31, 2005 were  $8,850,475,  comprised  of 10%  dividends
payable on the Cumulative  Preferred A and Cumulative  Preferred B shares issued
and outstanding.



                                      -11-
<PAGE>

Liquidity and Capital Resources

         As of January 31, 2005 we had cash and cash  equivalents  of $3,904,836
compared  to  $415,761 as of October  31,  2004.  The  increase in cash and cash
equivalents  is  principally  a result of the  issuance of  $7,000,000  of notes
payable due in June 2005. In addition,  as of January 31, 2005,  our  subsidiary
SREI had  $33,121,338  of cash on hand,  which it derived from the November 2004
private  placement  of Units.  SREI's  cash will be used in the  acquisition  of
certain real estate properties by SREI. Accordingly, the SREI cash is classified
as restricted cash on the Company's consolidated balance sheet.

         As of January 31, 2005 we had cash and cash  equivalents  of $3,904,836
compared  to  $415,761 as of October  31,  2004.  The  increase in cash and cash
equivalents  is  principally  a result of the  issuance of  $7,000,000  of notes
payable due in June 2005. In addition,  as of January 31, 2005,  our  subsidiary
SREI had  $33,121,338  of cash on hand,  which it derived from the November 2004
private  placement  of Units.  SREI's  cash will be used in the  acquisition  of
certain real estate properties by SREI. Accordingly, the SREI cash is classified
as restricted cash on the Company's consolidated balance sheet.

         The company's operating expenses are currently  approximately  $350,000
per month. These are anticipated to increase to approximately $450,000 per month
by the end of 2005 as business increases and the costs necessary to generate and
support  increased  business also increase,  beginning with increased  staffing.
Cash will be generated from  operations and from a planned equity raise.  In the
event that the contemplated equity raise is not successful, the Company believes
that it will have  sufficient  resources  from  operations  and other sources to
operate  throughout  2005,  but its rate of growth may be limited as a result of
the lack of resources.

         The Company began quoting on possible  insurance  business  immediately
following  the receipt of  permission  to operate  from the  Ministry of Finance
(Barbados) on March 26, 2004. The nature of the insurance  business is such that
individual  pieces of  business  can take many  months  to  negotiate  and reach
fruition.  The Company is  actively  quoting on  business.  It is  difficult  to
predict at this early stage in the  Company's  development  what  proportion  of
business  quoted  will  generate  revenues  because we do not have a  sufficient
history by which to accurately estimate such numbers.

Off-Balance Sheet Financing

         The Company has no off-balance sheet financing  arrangements within the
meaning of Item 303(c) of Regulation S-B.

Item 3.  Controls and Procedures.

         Strategy  International  Insurance Group, Inc. ("we" or the "Company"),
formerly  known as CI Sell Cars,  Inc.,  merged on June 14,  2004 with  Strategy
Holding Company  Limited,  a private  company.  Strategy Holding Company Limited
owns Strategy Insurance Limited, a Barbados corporation through which we operate
in the  insurance and  reinsurance  businesses.  We are  currently  developing a
business and implementing  systems of internal and disclosure  controls.  Within
the  ninety-day  period  preceding  the filing of this  report,  our  management
evaluated  the  effectiveness  of the design  and  operation  of its  disclosure
controls and procedures (the "Disclosure  Controls") as of the end of the period
covered by this Form 10-QSB and any changes in internal  controls over financial
reporting  that  occurred  during  the last  quarter of our  fiscal  year.  This
evaluation  ("Controls  Evaluation") was done under the supervision and with the
participation of management,  including the Chief Executive  Officer ("CEO") and
Chief Financial Officer ("CFO").

         Limitations on The Effectiveness Of Controls

         A control  system,  no matter  how well  conceived  and  operated,  can
provide only  reasonable,  not absolute,  assurance  that the  objectives of the
control system are met. Further, the design of a control system must reflect the
fact that there are resource  constraints,  and the


                                      -12-
<PAGE>

benefits of controls must be considered relative to their costs.  Because of the
inherent  limitations  in all control  systems,  no  evaluation  of controls can
provide  absolute  assurance that all control issues and instances of fraud,  if
any, have been detected. Because of the inherent limitations in a cost effective
control  system,  misstatements  due to  error  or fraud  may  occur  and not be
detected.  We will conduct  periodic  evaluations  of our  internal  controls to
enhance, where necessary, our procedures and controls.

         Conclusions

         Based upon the Controls Evaluation, the CEO and CFO have concluded that
the  Disclosure  Controls  are  effective  in  reaching  a  reasonable  level of
assurance that management is timely alerted to material  information relating to
the Company during the period when its periodic  reports are being prepared.  In
accord with the U.S. Securities and Exchange Commission's requirements,  the CEO
and CFO conducted an evaluation of the Company's internal control over financial
reporting  (the  "Internal  Controls") to determine  whether there have been any
changes  in  Internal  Controls  that  occurred  during the  quarter  which have
materially affected or which are reasonable likely to materially affect Internal
Controls. Based on this evaluation,  there have been no such changes in Internal
Controls during the period covered by this report.





                                      -13-
<PAGE>


                           PART II-- OTHER INFORMATION

Item 6.  Exhibits and Reports on Form 8-K.

(a) Exhibits:

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

Exhibit 31.2    Certification of Chief Financial Officer of Periodic Report
                pursuant to Rule 13a-14a and Rule 15d-14(a).

Exhibit 32.1    Certification of Chief Executive Officer of pursuant to
                18 U.S.C. - Section 1350.

Exhibit 32.2    Certification of Chief Financial Officer of pursuant to
                18 U.S.C. - Section 1350.

(b) Reports on Form 8-K:

         (1)  Current  Report  on Form  8-K/A,  filed  with the  Securities  and
Exchange Commission on November 11, 2004.

         (2) Current  Report on Form 8-K, filed with the Securities and Exchange
Commission on December 22, 2004.

         (3) Current  Report on Form 8-K, filed with the Securities and Exchange
Commission on January 25, 2005.




                                      -14-
<PAGE>

                                   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.

                           STRATEGY INTERNATIONAL INSURANCE GROUP, INC.

    March 22, 2005         By: /s/ Stephen Stonhill
                               ----------------------------------------
                               Stephen Stonhill
                               Chairman of the Board and Chief Executive Officer


    March 22, 2005         By: /s/ Louis Lettieri
                               ----------------------------------------
                               Louis Lettieri
                               Chief Financial Officer





                                      -15-