----

----

**U.S.      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 September 30, 2006**

| **o** | **TRANSITION                REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE                ACT OF                1934** |
|-------|-------------------------------------------------------------------------------------------------------------------------------------------|

**For      the transition period from**

**Commission      File No. 000-50413**

**355,      INC.**

**(Exact      name of small business issuer as specified in its charter)**

| **Delaware**                                                                                | **98-0407797**                                      |
|---------------------------------------------------------------------------------------------|-----------------------------------------------------|
| (State                or other jurisdiction ofincorporation                or organization) | (I.R.S.                Employer Identification No.) |

**711      N. 1st Avenue**

**Arcadia,      California 91006**

**(626)      641-5620**

----

**355,      INC.**

**FINANCIAL      STATEMENTS**

**INDEX**

**PART      I-- FINANCIAL INFORMATION**

| Item                1. | Financial                Statements                                              |
|------------------------|----------------------------------------------------------------------------------|
|                   |                                                                             |
| Item                2. | Management’s                Discussion and Analysis of Financial Condition |
|                   |                                                                             |
| Item                3. | Control                and Procedures                                            |

**PART      II-- OTHER INFORMATION**

| Item                1. | Legal                Proceedings                                   |
|------------------------|--------------------------------------------------------------------|
|                   |                                                               |
| Item                2. | Changes                in Securities                               |
|                   |                                                               |
| Item                3. | Defaults                Upon Senior Securities                     |
|                   |                                                               |
| Item                4. | Submission                of Matters to a Vote of Security Holders |
|                   |                                                               |
| Item                5. | Other                Information                                   |
|                   |                                                               |
| Item                6. | Exhibits                and Reports on Form 8-K                    |

**SIGNATURE**

**Item      1. Financial Information**

----

**355,        INC.**

**(a        development stage company)**

**FINANCIAL        STATEMENTS**

**AS        OF SEPTEMBER 30, 2006**

| FINANCIAL                  STATEMENTS                         | Page                  # |
|---------------------------------------------------------------|-------------------------|
|                                                          |                    |
|                                                          |                    |
| Balance                  Sheet                                | F-1                     |
|                                                          |                    |
|                                                          |                    |
| Statement                  of Operations and Retained Deficit | F-2                     |
|                                                          |                    |
|                                                          |                    |
| Statement                  of Stockholders Equity             | F-3                     |
|                                                          |                    |
|                                                          |                    |
| Cash                  Flow Statement                          | F-4                     |
|                                                          |                    |
|                                                          |                    |
| Notes                  to the Financial Statements            | F-5                     |

----

**355,        INC.**

**(a        development stage company)**

**BALANCE        SHEET**

**As        of September 30, 2006 and December 31, 2005**

| CURRENT                  ASSETS                                 |   | **September                  30,****2006** |   | **December                  31,****2005** |   |
|-----------------------------------------------------------------|--------|--------------------------------------------|--------|-------------------------------------------|--------|
| Cash                                                            |   | $                                          | 0      |                                      | $      | 0 |   |
|                                                            |   |                                       |        |                                      |   |  |   |
| TOTAL                  ASSETS                                   |   | $                                          | 0      |                                      | $      | 0 |   |
|                                                            |   |                                       |        |                                      |   |  |   |
| **LIABILITIES                  AND STOCKHOLDERS’ EQUITY** |
|                                                            |   |                                       |        |                                      |   |  |   |
| CURRENT                  LIABILITIES                            |   |                                       |        |                                      |   |  |   |
|                                                            |   |                                       |        |                                      |   |  |   |
| Accrued                  expenses                               |   | $                                          | 4,900  |                                      | $      | 3,850 |   |
|                                                            |   |                                       |        |                                      |   |  |   |
|                                                            |   |                                       |        |                                      |   |  |   |
| TOTAL                  LIABILITIES                              |   |                                       | 4,900  |                                      |   | 3,850 |   |
|                                                            |   |                                       |        |                                      |   |  |   |
| STOCKHOLDERS’                  EQUITY                     |   |                                       |        |                                      |   |  |   |
|                                                            |   |                                       |        |                                      |   |  |   |
| Common                  Stock - par value $0.001;               |   |                                       |        |                                      |   |  |   |
| 50,000,000                  shares authorized;                  |   |                                       |        |                                      |   |  |   |
| 100,000                  issued and outstanding                 |   |                                       | 100    |                                      |   | 100 |   |
|                                                            |   |                                       |        |                                      |   |  |   |
| Additional                  paid in capital                     |   |                                       | 0      |                                      |   | 0 |   |
|                                                            |   |                                       |        |                                      |   |  |   |
| Accumulated                  Deficit                            |   |                                       | (5,000 | )                                         |   | (3,950 | ) |
|                                                            |   |                                       |        |                                      |   |  |   |
| Total                  stockholders’ equity          |   |                                       | (4,550 | )                                         |   | (3,850 | ) |
|                                                            |   |                                       |        |                                      |   |  |   |
| TOTAL                  LIABILITIES AND EQUITY                   |   | $                                          | 0      |                                      | $      | 0 |   |
|                                                            |   |                                       |        |                                      |   |  |   |

----

**355,        INC.**

**(a        development stage company)**

**STATEMENT        OF OPERATIONS**

**For        the nine months ended September 30, 2006 and 2005 and**

**from        inception (September 19, 2003) through September 30, 2006**

|                                                    |   | **Nine                  Months Ended** |    | **Nine                  Months Ended** |   | **From                  Inception****Through** |   |
|---------------------------------------------------------|--------|----------------------------------------|---------|----------------------------------------|--------|------------------------------------------------|--------|
|                                                    |   | **Sep.                  30, 2006**     |    | **Sep.                  30, 2006**     |   | **Jun.                  30, 2006**             |   |
| REVENUE                                                 |   |                                   |    |                                   |   |                                           |   |
|                                                    |   |                                   |    |                                   |   |                                           |   |
| Sales                                                   |   | $                                      | 0       |                                   | $      | 0                                              |   | $ | 0 |   |
| Cost                  of sales                     |   |                                   | 0       |                                   |   | 0                                              |   |   | 0 |   |
|                                                    |   |                                   |         |                                   |   |                                                |   |   |  |   |
| GROSS                  PROFIT                           |   |                                   | 0       |                                   |   | 0                                              |   |   | 0 |   |
|                                                    |   |                                   |         |                                   |   |                                                |   |   |  |   |
| GENERAL                  AND ADMINISTRATIVE EXPENSES    |   |                                   | 1,050   |                                   |   | 1,050                                          |   |   | 5,000 |   |
|                                                    |   |                                   |         |                                   |   |                                                |   |   |  |   |
| NET                  LOSS                               |   |                                   | (1,050  | )                                      |   | (1,050                                         | )      |   | (5,000 | ) |
|                                                    |   |                                   |         |                                   |   |                                                |   |   |  |   |
| ACCUMULATED                  DEFICIT, BEGINNING BALANCE |   |                                   | (3,950  | )                                      |   | (2,300                                         | )      |   | 0 |   |
|                                                    |   |                                   |         |                                   |   |                                                |   |   |  |   |
| ACCUMULATED                  DEFICIT, ENDING BALANCE    |   | $                                      | (5,000  | )                                      | $      | (3,350                                         | )      | $ | (5,000 | ) |
|                                                    |   |                                   |         |                                   |   |                                                |   |   |  |   |
| NET                  EARNINGS PER SHARE                 |   |                                   |         |                                   |   |                                                |   |   |  |   |
|                                                    |   |                                   |         |                                   |   |                                                |   |   |  |   |
| Basic                  Earnings Per Share               |   |                                   |         |                                   |   |                                                |   |   |  |   |
| Net                  loss per share                     |   |                                   | (.01    | )                                      |   | (.01                                           | )      |   |  |   |
|                                                    |   |                                   |         |                                   |   |                                                |   |   |  |   |
| Weighted                  Average                       |   |                                   |         |                                   |   |                                                |   |   |  |   |
| Common                  Shares Outstanding              |   |                                   | 100,000 |                                   |   | 100,000                                        |   |   |  |   |

----

**355,          INC.**

**(a          development stage company)**

**STATEMENT          OF OPERATIONS**

**For          the three months ended September 30, 2006 and 2005**

|                                                   |   | **Three                    Months**  |   | **Three                    Months**  |   |
|--------------------------------------------------------|--------|--------------------------------------|--------|--------------------------------------|--------|
|                                                   |   | **Sep.                    30, 2006** |   | **Sep.                    30, 2005** |   |
| REVENUE                                                |   |                                 |   |                                 |   |
|                                                   |   |                                 |   |                                 |   |
| Sales                                                  |   | $                                    | 0      |                                 | $      | 0 |   |
| Cost                    of sales                       |   |                                 | 0      |                                 |   | 0 |   |
|                                                   |   |                                 |        |                                 |   |  |   |
| GROSS                    PROFIT                        |   |                                 | 0      |                                 |   | 0 |   |
|                                                   |   |                                 |        |                                 |   |  |   |
| GENERAL                    AND ADMINISTRATIVE EXPENSES |   |                                 | 350    |                                 |   | 350 |   |
|                                                   |   |                                 |        |                                 |   |  |   |
| NET                    LOSS                            |   | $                                    | (350   | )                                    | $      | (350 | ) |

----

**355,          INC.**

**STATEMENT          OF STOCKHOLDER’S EQUITY**

**From          inception (September 19, 2003) through September 30, 2006**

|                                                                                                          |   |  **SHARES** |    | **COMMON                    STOCK** |   | **ADDITIONAL****PAID                    IN** |   | **ACCUMULATED                    DEFICIT** |   |  **TOTAL** |   |
|---------------------------------------------------------------------------------------------------------------|--------|------------------|---------|-------------------------------------|--------|----------------------------------------------|--------|--------------------------------------------|--------|-----------------|--------|
|                                                                                                          |   |             |    |                                |   |                                         |   |                                       |   |            |   |
| Stock                    issued on acceptance Of incorporation expenses September 19,                    2003 |   |             | 100,000 |                                | $      | 100                                          |   | $                                          | 0      |            | $      | 0 |   | $ | 100 |   |
|                                                                                                          |   |             |         |                                |   |                                              |   |                                       |        |            |   |  |   |   |  |   |
| Net                    loss                                                                                   |   |             |         |                                |   |                                              |   |                                       |        |            |   | (1,050 | ) |   | (1,050 | ) |
|                                                                                                          |   |             |         |                                |   |                                              |   |                                       |        |            |   |  |   |   |  |   |
| Total                    at December 31, 2003                                                                 |   |             | 100,000 |                                |   | 100                                          |   |                                       | 0      |            |   | (1,050 | ) |   | (950 | ) |
|                                                                                                          |   |             |         |                                |   |                                              |   |                                       |        |            |   |  |   |   |  |   |
| Net                    loss                                                                                   |   |             |         |                                |   |                                              |   |                                       |        |            |   | (1,250 | ) |   | (1,250 | ) |
|                                                                                                          |   |             |         |                                |   |                                              |   |                                       |        |            |   |  |   |   |  |   |
| Total                    at December 31, 2004                                                                 |   |             | 100,000 |                                |   | 100                                          |   |                                       | 0      |            |   | (2,300 | ) |   | (2,200 | ) |
|                                                                                                          |   |             |         |                                |   |                                              |   |                                       |        |            |   |  |   |   |  |   |
| Net                    loss                                                                                   |   |             |         |                                |   |                                              |   |                                       |        |            |   | (1,650 | ) |   | (1,050 | ) |
|                                                                                                          |   |             |         |                                |   |                                              |   |                                       |        |            |   |  |   |   |  |   |
| Total                    at December 31, 2005                                                                 |   |             | 100,000 |                                | $      | 100                                          |   | $                                          | 0      |            | $      | (3,950 | ) | $ | (3,850 | ) |
|                                                                                                          |   |             |         |                                |   |                                              |   |                                       |        |            |   |  |   |   |  |   |
| Net                    loss                                                                                   |   |             |         |                                |   |                                              |   |                                       |        |            |   | (1,050 | ) |   | (1,050 | ) |
|                                                                                                          |   |             |         |                                |   |                                              |   |                                       |        |            |   |  |   |   |  |   |
| Total                    at September 30, 2006                                                                |   |             | 100,000 |                                | $      | 100                                          |   | $                                          | 0      |            | $      | (5,000 | ) | $ | (4,900 | ) |
|                                                                                                          |   |             |         |                                |   |                                              |   |                                       |        |            |   |  |   |   |  |   |

----

**355,        INC.**

**(a        development stage company)**

**STATEMENT        OF CASH FLOWS**

**For        the nine months ended September 30, 2006 and 2005 and**

**from        inception (September 19, 2003) through September 30, 2006**

|   CASH                  FLOWS FROM OPERATING ACTIVITIES |   | **Nine                  Months****Ended****Sep.                  30, 2006** |   | **Nine                  Months Ended****Sep.                  30, 2006** |   | **From                  Inception Through****Sep.                  30, 2006** |   |
|-------------------------------------------------------------------|--------|-----------------------------------------------------------------------------|--------|--------------------------------------------------------------------------|--------|-------------------------------------------------------------------------------|--------|
|                                                              |   |                                                                        |   |                                                                     |   |                                                                          |   |
| Net                  income (loss)                                |   | $                                                                           | (1,050 | )                                                                        | $      | (1,050                                                                        | )      | $ | (5,000 | ) |
|                                                              |   |                                                                        |        |                                                                     |   |                                                                               |   |   |  |   |
| Increases                  (Decrease) in accrued expenses         |   |                                                                        | 1,050  |                                                                     |   | 1,050                                                                         |   |   | 4,900 |   |
| Stock                  issued on incorporation expenses           |   |                                                                        | 0      |                                                                     |   | 0                                                                             |   |   | 100 |   |
| NET                  CASH PROVIDED OR (USED) IN OPERATIONS        |   |                                                                        | 0      |                                                                     |   | 0                                                                             |   |   | 0 |   |
|                                                              |   |                                                                        |        |                                                                     |   |                                                                               |   |   |  |   |
| CASH                  FLOWS FROM INVESTING ACTIVITIES             |   |                                                                        |        |                                                                     |   |                                                                               |   |   |  |   |
|                                                              |   |                                                                        |        |                                                                     |   |                                                                               |   |   |  |   |
| None                                                              |   |                                                                        | 0      |                                                                     |   | 0                                                                             |   |   | 0 |   |
|                                                              |   |                                                                        |        |                                                                     |   |                                                                               |   |   |  |   |
| CASH                  FLOWS FROM FINANCING ACTIVITIES             |   |                                                                        |        |                                                                     |   |                                                                               |   |   |  |   |
|                                                              |   |                                                                        |        |                                                                     |   |                                                                               |   |   |  |   |
| None                                                              |   |                                                                        | 0      |                                                                     |   | 0                                                                             |   |   | 0 |   |
|                                                              |   |                                                                        |        |                                                                     |   |                                                                               |   |   |  |   |
| CASH                  RECONCILIATION                              |   |                                                                        |        |                                                                     |   |                                                                               |   |   |  |   |
|                                                              |   |                                                                        |        |                                                                     |   |                                                                               |   |   |  |   |
| Net                  increase (decrease) in cash                  |   |                                                                        | 0      |                                                                     |   | 0                                                                             |   |   | 0 |   |
| Beginning                  cash balance                           |   |                                                                        | 0      |                                                                     |   | 0                                                                             |   |   | 0 |   |
|                                                              |   |                                                                        |        |                                                                     |   |                                                                               |   |   |  |   |
| CASH                  BALANCE AT END OF PERIOD                    |   | $                                                                           | 0      |                                                                     | $      | 0                                                                             |   | $ | 0 |   |
|                                                              |   |                                                                        |        |                                                                     |   |                                                                               |   |   |  |   |

----

**355,        INC.**

**(a        development stage company)**

**NOTES        TO FINANCIAL STATEMENTS**

----

----

| YearAmount |   |   |
|------------|--------|--------|
| 2023       | $      | 1,050  |
| 2024       |   | 1,250  |
| 2025       |   | 1,650  |
| 2026       |   | 1,050  |
|       |   |   |
| Total      | $      | 5,000  |

----

**Item      2. **
**Management’s      Discussion and Analysis of Financial Conditions and Results of      Operations**

----

**Item      3. Controls and Procedures**

**PART      II - OTHER INFORMATION**

**Item      1. Legal Proceedings.**

**Item      2. Changes in Securities.**

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

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

**Item      5. Other Information.**

----

**Item      6. Exhibits and Reports of Form 8-K.**

**SIGNATURES**

|                                   | **355,                INC.**                     |
|----------------------------------------|--------------------------------------------------|
|                                   | Registrant                                       |
|                                   |                                             |
| Date:                November 21, 2006 | By:                */s/                Alex Jen* |   |
|                                   | Alex                Jen                          |   |
|                                   | President,                Secretary and Director |
|                                   |                                             |   |   |