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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 10-QSB

(Mark One)

|x | QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
|- | ---------------------------------------------------------------------------------

FOR THE QUARTERLY PERIOD ENDED APRIL 1, 2006



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

FOR THE TRANSITION PERIOD FROM  TO

COMMISSION
FILE NUMBER: 000-13858

CHINA MEDIA NETWORKS INTERNATIONAL, INC.

(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)



|                                         |  |                                     
|---------------------------------------- |  | ------------------------------------
|Nevada                                   |  | 86-0214815                          
|(State of Incorporation)                 |  | (I.R.S. Employer Identification No.)
|                                         | 
|237 Cedar Hill Street, Marlborough, MA   |  | 01752                               
|(Address of principal executive offices) |  | (Zip Code)                          

(508) 597-6300

(Registrants telephone number, including area code)



(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 ̈

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ̈No x

Indicate the number of shares outstanding of each of the issuers classes of
common stock, as of the latest practicable date. As of May 10, 2006, there were 22,141,148 shares of the Companys common stock issued and outstanding.

Transitional Small Business Disclosure Format (Check one): Yes q    No x



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TABLE OF CONTENTS



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|        |  |                                                                                                                                         |  |     
|------- |  | --------------------------------------------------------------------------------------------------------------------------------------- |  | ----
|Section |  | Heading                                                                                                                                 |  | Page
|        |  |                                                                                                                                        
|Part I  |  | Financial Information                                                                                                                   |  |     
|        |  |                                                                                                                                        
|Item 1  |  | Financial Statements                                                                                                                    |  |     
|        |  |                                                                                                                                        
|        |  | Consolidated Balance Sheets (Unaudited) at April 1, 2006                                                                                |  | 1   
|        |  |                                                                                                                                        
|        |  | Consolidated Statement of Operations from January 1, 2006 to April 1, 2006 (Unaudited), and the comparative period for Fiscal Year 2005 |  | 2   
|        |  |                                                                                                                                        
|        |  | Consolidated Statement of Cash Flows from January 1, 2006 to April 1, 2006 (Unaudited), and the comparative period for Fiscal Year 2005 |  | 3   
|        |  |                                                                                                                                        
|        |  | Notes to Financial Statements                                                                                                           |  | 4   
|        |  |                                                                                                                                        
|Item 2  |  | Managements Discussion and Analysis or Plan of Operation                                                                               |  | 8   
|        |  |                                                                                                                                        
|Item 3  |  | Controls and Procedures                                                                                                                 |  | 10  
|        |  |                                                                                                                                        
|Part II |  | Other Information                                                                                                                       |  |     
|        |  |                                                                                                                                        
|Item 1  |  | Legal Proceedings                                                                                                                       |  | 11  
|        |  |                                                                                                                                        
|Item 2  |  | Unregistered Sales of Equity Securities and Use of Proceeds                                                                             |  | 11  
|        |  |                                                                                                                                        
|Item 3  |  | Defaults Upon Senior Notes                                                                                                              |  | 11  
|        |  |                                                                                                                                        
|Item 4  |  | Submission of Matters of a Vote to Security Holders                                                                                     |  | 11  
|        |  |                                                                                                                                        
|Item 5  |  | Other Information                                                                                                                       |  | 11  
|        |  |                                                                                                                                        
|Item 6  |  | Exhibits and Reports on Form 8-K                                                                                                        |  | 12  
|        |  |                                                                                                                                        
|        |  | Signatures                                                                                                                              |  | 13  



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Explanatory Notes

Unless the context otherwise requires, in this quarterly report on Form 10-QSB the term CMNI refers China Media Networks International, Inc. and the term OrthoSupply refers to CMNIs
wholly-owned subsidiary, OrthoSupply Management, Inc. The terms the Company, we, us or our refer to CMNI and OrthoSupply collectively. The term Securities Act refers to the Securities Act
of 1933, as amended, the term Exchange Act refers to the Securities Exchange Act of 1934, as amended, and the term SEC refers to the Securities and Exchange Commission.

Note on Forward-Looking Information

Except
for historical facts, the statements in this quarterly report on Form 10-QSB are forward-looking statements. Forward-looking statements are merely our current predictions of future events. These statements are inherently uncertain, and actual events
could differ materially from our predictions. Important factors that could cause actual events to vary from our predictions include those discussed under the headings Risk Factors, Managements Discussion and Analysis or Plan
of Operations and Business in our Annual Report on Form 10-KSB for fiscal year ended December 31, 2005. We assume no obligation to update our forward-looking statements to reflect new information or developments. We urge
readers to review carefully the risk factors described in the Annual Report on Form 10-KSB for fiscal year ended December 31, 2005 and the other documents that we file with the SEC. You can read these documents at www.sec.gov



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PART I FINANCIAL INFORMATION

China Media Networks International, Inc.

(a development stage company)

Consolidated Balance Sheet (unaudited)

April 1, 2006



|                                                                                                                           |  |                     |            |  
|-------------------------------------------------------------------------------------------------------------------------- |  | ------------------- | ---------- | -
|                                                                                                                           |  | As of April 1, 2006 |           
|Assets                                                                                                                     |  |                     |            |  
|Current Assets                                                                                                             |  |                     |            |  
|Cash & cash equivalents                                                                                                    |  | $                   | 176,841    |  
|Accounts receivable, net                                                                                                   |  |                     | 151,790    |  
|Inventory                                                                                                                  |  |                     | 140,296    |  
|Prepaid expenses                                                                                                           |  |                     | 34,388     |  
|Total current assets                                                                                                       |  |                     | 503,315    |  
|Property & equipment (net)                                                                                                 |  |                     | 96,177     |  
|Total assets                                                                                                               |  | $                   | 599,492    |  
|Liabilities & Members Equity                                                                                              |  |                     |            |  
|Current Liabilities:                                                                                                       |  |                     |            |  
|Accounts payable                                                                                                           |  | $                   | 143,022    |  
|Accrued expenses                                                                                                           |  |                     | 175,647    |  
|Demand notes                                                                                                               |  |                     | 0          |  
|Advances from related parties                                                                                              |  |                     | 0          |  
|Convertible notes payable                                                                                                  |  |                     | 25,000     |  
|Total current liabilities                                                                                                  |  |                     | 343,669    |  
|Members Equity:                                                                                                           |  |                     |            |  
|Preferred stock-10,000,000 authorized $0.001 par value 1,700,000 Series A issued and outstanding                         |  |                     | 1,700,000  |  
|Common stock-100,000,000 authorized $0.0001 par value 19,801,148 issued & outstanding (19,741,146 as of December 31,
2005) |  |                     | 1,980      |  
|Additional paid in capital                                                                                                 |  |                     | (218,789   | )
|Accumulated Deficit                                                                                                        |  |                     | (1,227,368 | )
|Total Stockholders Deficiency                                                                                             |  |                     | 255,823    |  
|Total Liabilities & Equity                                                                                                 |  | $                   | 599,492    |  

See Notes to Interim Financial Statements.



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China Media Networks International, Inc.

(a development stage company)

Consolidated Statement of Operations from January 1, 2006 to April 1, 2006 (unaudited)

and the comparative period for Fiscal Year 2005



|                                                   |  |                                  |            |   |                                 |   |        
|-------------------------------------------------- |  | -------------------------------- | ---------- | - | ------------------------------- | - | -------
|                                                   |  | Three Months Ended April 1,
2006 |            |   | Three MonthsEndedMarch 31, 2005
|Revenue:                                           |  |                                  |            |   |                                 |   |        
|Sales                                              |  | $                                | 153,663    |   |                                 | $ | 0      
|                                                   |  |                                  |            |   |                                 |   |        
|Total revenue                                      |  | $                                | 153,663    |   |                                 | $ | 0      
|                                                   |  |                                  |            |   |                                 |   |        
|Cost of Sales:                                     |  |                                  |            |   |                                 |   |        
|Cost of goods & services                           |  |                                  | 109,923    |   |                                 |   | 0      
|                                                   |  |                                  |            |   |                                 |   |        
|Costs Applicable to Sales & Revenue                |  |                                  | 109,923    |   |                                 |   | 0      
|                                                   |  |                                  |            |   |                                 |   |        
|Gross Profit                                       |  |                                  | 43,740     |   |                                 |   | 0      
|                                                   |  |                                  | 28.5       | % |                                 |   | n/a    
|Selling, General & Administrative Expenses         |  |                                  | 493,975    |   |                                 |   | 0      
|                                                   |  |                                  |            |   |                                 |   |        
|Total Operating Expenses                           |  |                                  | 493,975    |   |                                 |   | 0      
|                                                   |  |                                  |            |   |                                 |   |        
|(Loss) Before Other Income                         |  |                                  | (450,235   | ) |                                 |   | 0      
|Other Income (Expense)                             |  |                                  |            |   |                                 |   |        
|Interest Income                                    |  |                                  | 2,009      |   |                                 |   | 0      
|Other Income                                       |  |                                  | 0          |   |                                 |   | 30,000 
|                                                   |  |                                  |            |   |                                 |   |        
|Interest (expense), net                            |  |                                  | 0          |   |                                 |   | 0      
|                                                   |  |                                  |            |   |                                 |   |        
|(Loss) Before Income Taxes                         |  |                                  | (448,226   | ) |                                 |   | 30,000 
|                                                   |  |                                  |            |   |                                 |   |        
|Income Taxes                                       |  |                                  | 669        |   |                                 |   | 0      
|                                                   |  |                                  |            |   |                                 |   |        
|Net Loss available to common shareholders          |  |                                  | ($448,895  | ) |                                 |   | 30,000 
|                                                   |  |                                  |            |   |                                 |   |        
|Basic and Diluted Net Loss Per Common Share        |  |                                  | ($0.02     | ) |                                 | $ | 0.06   
|                                                   |  |                                  |            |   |                                 |   |        
|Weighted Average Common Shares Outstanding (Basic) |  |                                  | 19,766,201 |   |                                 |   | 509,273

See Notes to Interim Financial Statements.



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China Media Networks International, Inc.

(a development stage company)

Consolidated Statement of Cash Flows from January 1, 2006 to April 1, 2006 (unaudited)

and the comparative period for Fiscal Year 2005



|                                                                                    |  |                                |          |   |                                  |   |         |  
|----------------------------------------------------------------------------------- |  | ------------------------------ | -------- | - | -------------------------------- | - | ------- | -
|                                                                                    |  | ThreeMonthsEnded April 1, 2006 |          |   | Three Months EndedMarch 31, 2005 |  
|Cash Flows from Operating Activities:                                               |  |                                |          |   |                                  |   |         |  
|Net Income                                                                          |  | ($                             | 448,895  | ) |                                  | $ | 30,000  |  
|Adjustments required to reconcile net loss to cash flows from operating activities: |  |                                |          |   |                                  |   |         |  
|Increase in allowance for doubtful accounts                                         |  |                                | 29,702   |   |                                  |   | 0       |  
|Depreciation, Amortization & Bad Debts                                              |  |                                | 8,800    |   |                                  |   | 0       |  
|Stock issued for services                                                           |  |                                | 15,000   |   |                                  |   | 0       |  
|Changes in Operating Assets & Liabilities                                           |  |                                |          |   |                                  |   |         |  
|Accounts receivable                                                                 |  |                                | (55,136  | ) |                                  |   | 0       |  
|Inventory                                                                           |  |                                | (31,258  | ) |                                  |   | 0       |  
|Prepaid expenses                                                                    |  |                                | (6,869   | ) |                                  |   | 0       |  
|Accounts payable                                                                    |  |                                | (174,969 | ) |                                  |   | 0       |  
|Accrued expenses                                                                    |  |                                | 143,047  |   |                                  |   | (34,625 | )
|Loan payable                                                                        |  |                                |          |   |                                  |   | 29,625  |  
|                                                                                    |  |                                |          |   |                                  |   |         |  
|Convertible notes payable                                                           |  |                                |          |   |                                  |   | (25,000 | )
|                                                                                    |  |                                |          |   |                                  |   |         |  
|Net cash used by operating activities                                               |  |                                | (520,578 | ) |                                  |   | 0       |  
|                                                                                    |  |                                |          |   |                                  |   |         |  
|Cash Flows from Investing Activities:                                               |  |                                |          |   |                                  |   |         |  
|Purchase of Equipment                                                               |  |                                | (2,321   | ) |                                  |   | 0       |  
|                                                                                    |  |                                |          |   |                                  |   |         |  
|Net cash used by investing activities                                               |  |                                | (2,321   | ) |                                  |   | 0       |  
|                                                                                    |  |                                |          |   |                                  |   |         |  
|Cash Flows from Financing Activities:                                               |  |                                |          |   |                                  |   |         |  
|Proceeds from preferred offering                                                    |  |                                | 0        |   |                                  |   | 0       |  
|Proceeds from issuance of common stock                                              |  |                                | 0        |   |                                  |   | 0       |  
|Purchase of treasury stock                                                          |  |                                | 0        |   |                                  |   | 0       |  
|Payment of offering costs                                                           |  |                                | 0        |   |                                  |   | 0       |  
|Borrowings from related parties                                                     |  |                                | 0        |   |                                  |   | 0       |  
|Payment of related party debt                                                       |  |                                | 0        |   |                                  |   | 0       |  
|                                                                                    |  |                                |          |   |                                  |   |         |  
|Net cash used by financing activities                                               |  |                                | 0        |   |                                  |   | 0       |  
|                                                                                    |  |                                |          |   |                                  |   |         |  
|Net Change In Cash                                                                  |  |                                | (522,899 | ) |                                  |   | 0       |  
|Cash-Beginning                                                                      |  |                                | 699,740  |   |                                  |   | 0       |  
|                                                                                    |  |                                |          |   |                                  |   |         |  
|Cash-Ending                                                                         |  | $                              | 176,841  |   |                                  | $ | 0       |  
|                                                                                    |  |                                |          |   |                                  |   |         |  

See Notes to Interim Financial Statements.

Supplemental disclosure of non-cash transactions:

Value of common stock
issued for services

Value of common stock issued to settle accrued expenses

Value of preferred shares issued to pay offering costs

Equipment acquired through related party debt



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CHINA MEDIA NETWORKS INTERNATIONAL, INC.

NOTES TO UNAUDITED FINANCIALS STATEMENTS



|1. | Basis of Presentation
|-- | ---------------------

The Financial Statements presented herein
have been prepared by us in accordance with the accounting policies described in our Annual Report on Form 10-KSB for fiscal year ended December 31, 2005 and should be read in conjunction with the Notes to Consolidated Financial Statements
which appear in that report.

The preparation of these financial statements in conformity with accounting principles generally accepted in the United
States requires us to make estimates and judgments that affect the reported amounts of assets, liabilities, revenues and expenses, and related disclosure of contingent assets and liabilities. On an on going basis, we evaluate our estimates,
including those related intangible assets, income taxes, insurance obligations and contingencies and litigation. We base our estimates on historical experience and on various other assumptions that are believed to be reasonable under the
circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other resources. Actual results may differ from these estimates under different
assumptions or conditions.

In the opinion of management, the information furnished in this Form 10-QSB reflects all adjustments necessary for a fair
statement of the financial position and results of operations and cash flows as of and for the three-month periods ended April 1, 2006 and 2005. All such adjustments are of a normal recurring nature. The Consolidated Financial Statements have
been prepared in accordance with the instructions to Form 10-QSB and therefore do not include some information and notes necessary to conform with annual reporting requirements.



|2. | Earnings/Loss Per Share
|-- | -----------------------

Basic earnings per share are computed by
dividing income available to common shareholders (the numerator) by the weighted-average number of common shares outstanding (the denominator) for the period. Diluted earnings per share assume that any dilutive convertible securities outstanding
were converted, with related preferred stock dividend requirements and outstanding common shares adjusted accordingly. It also assumes that outstanding common shares were increased by shares issuable upon exercise of those stock options for which
market price exceeds the exercise price, less shares which could have been purchased by us with the related proceeds. In periods of losses, diluted loss per share is computed on the same basis as basic loss per share as the inclusion of any other
potential shares outstanding would be anti-dilutive.



|3. | New Accounting Standards
|-- | ------------------------

In May 2005, the FASB issued SFAS
No. 154, Accounting Changes and Error Corrections, which replaces APB Opinion No. 20 Accounting Changes, and FASB Statement No. 3 Reporting Accounting Changes in Interim Financial Statements, and
changes the requirements for the accounting for and reporting of a change in accounting principle. This Statement requires retrospective application to prior periods financial statements of changes in accounting principle, unless it is
impracticable to determine either the period-specific effects or the cumulative effect of the change. This Statement shall be effective for accounting changes and corrections of errors made in fiscal years beginning after December 15, 2005.
Early adoption is permitted for accounting changes and corrections of errors made in fiscal years



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beginning after the date this Statement is issued. We do not believe that adoption of SFAS 154 will have a material impact on our financial statements.



|4. | Stockholders Equity
|-- | --------------------

Recent Sales of Unregistered
Securities

On February 22, 2006, the Company terminated its agreement with The Baum Law Firm as special counsel for the company. As part of the
termination and release agreement, we agreed to pay The Baum Law Firm an aggregate sum of $30,000 and 60,000 shares of common stock of CMNI valued at $ 15,000.



|5. | Stock-Based Compensation-Adoption of SFAS 123R
|-- | ----------------------------------------------

On January 1,
2006, the Company adopted the provisions of Statement of Financial Accounting Standards (SFAS) 123R, Share-Based Payment (SFAS 123(R)), which requires that companies measure and recognize compensation expense at
an amount equal to the fair value of share-based payments granted under compensation arrangements. Prior to January 1, 2006, the Company accounted for its stock-based compensation plans under the recognition and measurement principles of
Accounting Principles Board (APB) Opinion 25, Accounting for Stock Issued to Employees, and related interpretations, and recognized no compensation expense for stock option grants since all options granted had an exercise
price equal to the market value of the underlying common stock on the date of grant.

The Company adopted SFAS 123(R) using the modified
prospective method, which results in no restatement of prior period amounts. Under this method, the provisions of SFAS 123(R) apply to all awards granted or modified after the date of adoption. In addition, compensation expense must be
recognized for any unvested stock option awards outstanding as of the date of adoption on a straight-line basis over the remaining vesting period. The Company calculates the fair value of options using a Black-Scholes option pricing model. For the
three months ended April 1, 2006, the Companys compensation expense related to stock option grants was considered immaterial. The Company did not grant any options during the three months ended April 1, 2006.

SFAS 123(R) also requires the benefits of tax deductions in excess of recognized compensation expense to be reported in the Statement of Cash Flows as a financing cash
inflow rather than an operating cash inflow. In addition, SFAS 123(R) required a modification to the Companys calculation of the dilutive effect of stock option awards on earnings per share. For companies that adopt SFAS 123(R) using the
modified prospective method, disclosure of pro forma information for periods prior to adoption must continue to be made.

As of April 1,
2006, there was no unrecognized compensation cost related to non-vested options granted under the plan. The total fair value of shares vested during the three-month period ended April 1, 2006 was $0 (none during the three-month period ended
March 31, 2005).



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The following tables summarizes the status of the Companys aggregate options and warrants as of April 1, 2006:



|                         |  |                                 |   |  |                               |                                 |                                        |      |        |           |                               |   |     
|------------------------ |  | ------------------------------- | - |  | ----------------------------- | ------------------------------- | -------------------------------------- | ---- | ------ | --------- | ----------------------------- | - | ----
|                         |  | Options and WarrantsOutstanding |   |  |                               | Options and WarrantsExercisable
|Range of exercise prices |  | Shares                          |   |  | weightedaverageexercise price |                                 | Weightedaverageremaining lifein months |      | Shares |           | weightedaverageexercise price
|$ .01-$ .74              |  | 600,000                         | * |  | $                             | 0.01                            |                                        | 48.6 |        | 600,000   |                               | $ | 0.01
|$ .75-$ 1.75             |  | 5,777,335                       |   |  | $                             | 1.45                            |                                        | 78.4 |        | 5,777,335 |                               | $ | 1.45
|                         |  |                                 |   |  |                               |                                 |                                        |      |        |           |                               |   |     
|Total Shares             |  | 6,377,335                       |   |  |                               |                                 |                                        |      |        | 6,377,335 |                               |   |     
|                         |  |                                 |   |  |                               |                                 |                                        |      |        |           |                               |   |     



|                                                      |  |           |   |  |                              |      |                                                |       |                           |     
|----------------------------------------------------- |  | --------- | - |  | ---------------------------- | ---- | ---------------------------------------------- | ----- | ------------------------- | ----
|                                                      |  | Shares    |   |  | WeightedAverageExercisePrice |      | WeightedAverageRemainingContractualTerm(Years) |       | Aggregate Intrinsic Value
|Options and warrants outstanding at December 31, 2005 |  | 6,377,335 | * |  | $                            | 1.31 |                                                |       |                           |     
|Granted                                               |  |          |   |  |                              |     |                                                |       |                           |     
|Exercised                                             |  |          |   |  |                              |     |                                                |       |                           |     
|Forfeited                                             |  |          |   |  |                              |     |                                                |       |                           |     
|                                                      |  |           |   |  |                              |      |                                                |       |                           |     
|Options and warrants outstanding at April 1, 2006     |  | 6,377,355 |   |  | $                            | 1.31 |                                                | 75.75 |                           | none
|                                                      |  |           |   |  |                              |      |                                                |       |                           |     
|Options and warrants exercisable at April 1, 2006     |  | 6,377,355 |   |  | $                            | 1.31 |                                                | 75.75 |                           | none
|                                                      |  |           |   |  |                              |      |                                                |       |                           |     



|* | Includes options to purchase an aggregate 600,000 shares of common stock of OrthoSupply to be converted to substantially equivalent options in CMNI upon approval of an equity
compensation plan by the Board of Directors and shareholders of CMNI.
|- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



|6. | Managements Plan
|-- | -----------------

Our main objectives for the next 12 months
are continuing our ability to finance the Company and focusing on expanding revenue in key locations across the country. Our current cash availability will support current operations through the first three months of 2006. We anticipate that we need
to complete additional follow-on financing to support current working capital needs and potential acquisitions. Through these financings, we hope to expand the business organically and acquisitively.

Our plan for organic growth includes increasing our sales force in key locations across the country. In fiscal year 2006, we plan to hire a Vice President of Sales and
Marketing and build our sales force from our current level, 2 sales people, to 10 sales people. The plan includes support programs for the sales efforts including marketing, communications and program literature.

We also plan to increase our resources in administration, and to hire a couple of employees to assist with our back-office administration. We expect to hire additional
field support resources to support the growth in new clinics during 2006.

We do not anticipate devoting our resources to research and development in
fiscal year 2006.

We continue to pursue opportunities that will add to our current product and service offerings in an effort to fulfill the current
demands in place, as well as, drive the continuous improvement of the billing and inventory processes that support the clinics.



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|7. | Subsequent Events
|-- | -----------------

On April 13, 2006, the
Company entered into an Exchange Agreement with certain of the Companys existing shareholders, whereby such shareholders assigned, exchanged and converted their right, title and interest, if any, to shares of the Companys Series A
Preferred Stock and, in exchange therefor and upon such conversion, the Company issued such shareholders shares of the Companys common stock. As a result, there are no shares of the Companys Series A Preferred Stock presently
outstanding.

On May 3, 2006, the Company entered into a Securities Purchase Agreement with Vicis Capital Master Fund, one of its
existing shareholders. Pursuant to the Securities Purchase Agreement, the Company sold to Vicis Capital Master Fund a convertible note in the original principal amount of $300,000 and 300,000 shares of the Companys common stock, in exchange
for $300,000.



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|ITEM 2. | MANAGEMENTS DISCUSSION AND ANALYSIS OR PLAN OF OPERATION.
|------- | ----------------------------------------------------------

The following discussion and analysis of our financial condition and plan of operations should be read in conjunction with the financial statements and the related notes. This discussion contains forward-looking
statements based upon current expectations that involve risks and uncertainties, such as our plans, objectives, expectations and intentions. Our actual results and the timing of certain events could differ materially from those anticipated in these
forward-looking statements as a result of certain factors, including those set forth in Annual Report on Form 10-KSB for the fiscal year ended December 31, 2005 under Risk Factors, Managements Discussion and Analysis or
Plan of Operations and Business.

Background

On December 30, 2005, CMNI consummated a merger transaction with its then wholly-owned subsidiary, CMNW Acquisition Corporation, OrthoSupply, Thunderbird Global Corporation and Mark L. Baum. Pursuant to the
merger, CMNW Acquisition Corporation merged with and into OrthoSupply, CMNW Acquisition Corporation ceased to exist, and OrthoSupply continued as the surviving corporation and wholly-owned subsidiary of CMNI. OrthoSupply acts as our operating
company and CMNI is the parent holding company, and sole stockholder, of OrthoSupply.

Prior to consummation of the merger, CMNI ceased all
existing operations effective as of January 14, 2003. OrthoSupply has generated revenue from its operation since February 2005. The discussion below focuses upon OrthoSupplys financial condition, results of operations and liquidity and
capital resources.

Our Business

We are a provider of orthopedic and podiatric durable medical equipment, specializing in the provision of services using our turnkey program. Through our turnkey program, we enable orthopedic and podiatric practices to dispense an array of
durable medical equipment directly to their patients during office visits. The system, which is transportable to other types of medical practices, also provides billing services, inventory management and insurance verifications.

Results of Operations

We operate our business
on a calendar year basis, with our fiscal year always ending on the Saturday closest to December 31 and each quarter ending on the 13thcalendar week.

Net Revenue. For the first three months ended April 1, 2006, we had revenues
of $153,663. Due to the designed billing contracts an additional $12,000 in revenue was recorded in the first quarter. In accordance with the contracts in place with the initial group of clinics, after 90 days the clinic is responsible to purchase
the inventory on-hand as well as any goods delivered going forward on a monthly basis. This inventory ownership billing resulted in the additional $12,000 in revenue for the first quarter. As a result of amendments to our existing contracts, $29,000
of revenue was not recorded in the first quarter. CMNI did not have any operating revenue in the comparable quarter in 2005. OrthoSupply, CMNIs wholly owned subsidiary, had revenues of $20,854 for the comparable quarter in 2005.

Cost of Sales. Cost of sales as a percentage of net sales for the first three months ended April 1, 2006 were 72% of revenue. This
percentage represents the costs associated with the medical supplies and services we supply to our clients. CMNI did not have any costs of sales in the comparable quarter in 2005. OrthoSupply, CMNIs wholly owned subsidiary, had costs of sales
equal to 155% of revenue for the comparable quarter in 2005.



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Operating Expenses.Total operating expenses were $493,975 for the first three months ended
April 1, 2006. Salaries and benefits to our employees accounted for 44%, or $218,633, of our operating expenses. Legal, consulting, and insurance expenses accounted for 38%, or $188,141, of our operating expenses. CMNI did not have any
operating costs in the comparable quarter in 2005. OrthoSupply, CMNIs wholly owned subsidiary, had total operating expenses for the comparable quarter in 2005 of $41,443. Salaries and benefits accounted for 62%, or $25,522, of the total
operating expenses.

Net Loss.Net loss for the first three months ended April 1, 2006 was $448,895. This loss was
attributable to selling and administrative costs as OrthoSupply continues to ramp up its operations, introducing new clinics and organized support for future clinics. CMNI had a net gain of $30,000 for the comparable quarter in 2005. OrthoSupply,
CMNIs wholly owned subsidiary, had a Net loss for the comparable quarter in 2005 of $52,997, resulting from start-up costs for the first three months of operation.

Liquidity and Capital Resources

Cash used in operations during the first three months ended
April 1, 2006 was $520,578. As of April 1, 2006 we had $599,492 in total assets, of which $176,841 was in cash and cash equivalents, and our total liabilities were $343,669. We are currently in the process of raising capital through an
equity and debt financing to sustain operations for 2006 and beyond.

Our reserve for doubtful accounts. Our reserve
amount is based upon estimated losses for customers who were billed directly for products and services. For the first three months ended April 1, 2006, we reserved 27% of revenues, or $41,730. The reserve amount is based on the sum of accounts
receivable greater than 120 days. However, an additional reserve of $29,000 was posted due to amendments to our existing contracts, with regard to inventory ownership as stated within the original contract. We have not written off any accounts
receivable to date.

Our reserve for excess or obsolete inventories.We provide reserves for estimated excess, obsolete and
shrink during the start-up phase of a clinic. For the first three months ended April 1, 2006, we have provided $948 for a reserve, as a result of the following method. Our reserve formula is based on 5% of the inventory value for clinics
launched within 90 days of the period ended April 1, 2006.

Plan of Operations

Our main objectives for the next 12 months are to continue our ability to finance the Company and to focus on expanding revenue in key locations across
the country. We are currently pursuing additional follow-on financings to support current working capital needs and potential acquisitions. On May 3, 2006, the Company entered into a Securities Purchase Agreement with one of its existing
shareholders. Pursuant to the Securities Purchase Agreement, the Company sold a convertible note in the original principal amount of $300,000 and 300,000 shares of the Companys common stock, in exchange for $300,000. We intend to complete
additional financings. Through these financings, we hope to expand the business organically and acquisitively.

Our plan for organic growth
includes increasing our sales force in key locations across the country. In fiscal year 2006, we plan to build our sales force from our current level of 3 sales people to 7 regional sales people. The plan includes support programs for the sales
efforts including marketing, communications and program literature.

We also plan to increase our resources in administration, and to hire
one to three additional employees to assist with our back-office administration. During the first quarter we hired one additional back-office customer support representative and two field representatives in order to carry out our current customer
service model.



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We do not anticipate devoting our resources to research and development in fiscal year 2006.

We continue to pursue opportunities that will add to our current product and service offerings in an effort to fulfill the current demands in place,
as well as, drive the continuous improvement of the billing and inventory processes that support the clinics.

Critical Accounting Policies and
Estimates

Our discussion and analysis of our financial condition and results of operations is based upon our consolidated financial
statements, which have been prepared in accordance with accounting principles generally accepted in the United States. The preparation of these financial statements requires us to make estimates and judgments that affect the reported amounts of
assets, liabilities, revenues and expenses, and related disclosure of contingent assets and liabilities. On an on-going basis, we evaluate our estimates, including those related to contractual allowances, doubtful accounts, inventories,
rebates, product returns, warranty obligations, income taxes, intangibles and investments. We base our estimates on historical experience and on various other assumptions that we believe to be reasonable under the circumstances, the results of
which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results may differ from these estimates under different assumptions or conditions.

We believe the following critical accounting policies affect our more significant judgments and estimates used in the preparation of our
consolidated financial statements, and this discussion and analysis of our financial condition and results of operations.

Recent Accounting
Pronouncements

On December 16, 2004, the Financial Accounting Standards Board (FASB) issued FASB Statement No. 123
(revised 2004), Share-Based Payment, which is a revision of FASB Statement No. 123, Accounting for Stock-Based Compensation. Statement 123(R) supersedes APB Opinion No. 25, Accounting for Stock Issued to employees, and amends FASB
Statement No. 95, Statement of Cash Flows. The approach to accounting for share-based payments in Statement 123(R) is similar to the approach described in Statement 123. However, Statement 123(R) requires all share-based payments to employees,
including grants of employee stock options, to be recognized in the financial statements based on their fair values and no longer allows pro forma disclosure as an alternative to financial statement recognition. We were required to adopt Statement
123(R) at the beginning of our quarter January 1, 2006

Off Balance Sheet Arrangements

We do not have any off balance sheet arrangements.



|ITEM 3. | CONTROLS AND PROCEDURES
|------- | -----------------------

Evaluation of
disclosure controls and procedures.As required by Rule 13a-15 under the Exchange Act, as of the end of the period covered by this report, we carried out an evaluation under the supervision and with the participation of our management, including
our President and Treasurer (our acting principal executive officer and principal accounting and finance officer), of the effectiveness of the design and operation of our disclosure controls and procedures. In designing and evaluating our disclosure
controls and procedures, we and our management recognize that any controls and procedures, no matter how well designed and operated, can provide only reasonable assurance of achieving the desired control objectives, and our management necessarily
was required to apply its judgment in evaluating and implementing possible controls and procedures. Based upon that evaluation, our President and Treasurer (our acting principal executive officer and principal accounting and finance officer) has



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concluded that as of the end of the period covered by this report, our disclosure controls and procedures were reasonably effective to ensure that
information required to be disclosed by us in the reports we file or submit under the Exchange Act is recorded, processed, summarized and reported, within the time periods specified in the SECs rules and forms. We will continue to review and
document our disclosure controls and procedures, including our internal controls and procedures for financial reporting, on an ongoing basis, and may from time to time make changes aimed at enhancing their effectiveness and to ensure that our
systems evolve with our business.

Changes in internal control over financial reporting.There was no change in our internal control
over financial reporting that occurred during the period covered by this report on Form 10-QSB that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.

Important Considerations

The effectiveness of
our disclosure controls and procedures and our internal control over financial reporting is subject to various inherent limitations, including cost limitations, judgments used in decision making, assumptions about the likelihood of future events,
the soundness of our systems, the possibility of human error, and the risk of fraud. Moreover, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in
conditions and the risk that the degree of compliance with policies or procedures may deteriorate over time. Because of these limitations, there can be no assurance that any system of disclosure controls and procedures or internal control over
financial reporting will be successful in preventing all errors or fraud or in making all material information known in a timely manner to the appropriate levels of management.

PART II - OTHER INFORMATION



|ITEM 1. | LEGAL PROCEEDINGS.
|------- | ------------------

We are not involved in nor a party to any
material legal proceedings.



|ITEM 2. | UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
|------- | -----------------------------------------------------------

On February 22, 2006, the Company terminated its agreement with The Baum Law Firm as special counsel for the company. As part of the termination and release agreement, the Company agreed to pay to The Baum Law Firm an aggregate sum of
$30,000 and 60,000 shares of common stock of CMNI. The above issuance was made pursuant to Section 4(2) of the Securities Act of 1933.



|ITEM 3. | DEFAULTS UPON SENIOR SECURITIES
|------- | -------------------------------

None.



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

None.



|ITEM 5. | OTHER INFORMATION
|------- | -----------------

None.



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|ITEM 6. | EXHIBITS AND REPORTS FILED ON FORM 8-K
|------- | --------------------------------------



|            |  |                                                                                                                                                                     
|----------- |  | --------------------------------------------------------------------------------------------------------------------------------------------------------------------
|Exhibit No. |  | Description                                                                                                                                                         
|            | 
|3.1         |  | Articles of Incorporation (incorporated by reference to Exhibit 3.1 to the Registrants Registration Statement on Form SB-2 filed on February 28, 2006)             
|            | 
|3.2         |  | Certificate of Amendment (incorporated by reference to Exhibit 3.2 to the Registrants Registration Statement on Form SB-2 filed on February 28, 2006)              
|            | 
|3.3         |  | Articles of Merger (incorporated by reference to Exhibit 3.3 to the Registrants Registration Statement on Form SB-2 filed on February 28, 2006)                    
|            | 
|3.4         |  | Certificate of Amendment (incorporated by reference to Exhibit 3.4 to the Registrants Registration Statement on Form SB-2 filed on February 28, 2006)              
|            | 
|3.5         |  | Certificate of Amendment (incorporated by reference to Exhibit 3.5 to the Registrants Registration Statement on Form SB-2 filed on February 28, 2006)              
|            | 
|3.6         |  | Certificate of Designations (incorporated by reference to Exhibit 3.6 to the Registrants Registration Statement on Form SB-2 filed on February 28, 2006)           
|            | 
|3.7         |  | By-Laws (incorporated by reference to Exhibit 3.7 to the Registrants Registration Statement on Form SB-2 filed on February 28, 2006)                               
|            | 
|31.1        |  | Certification of principal executive officer pursuant to Section 302 of the Sarbanes Oxley Act of 2002 (filed herewith)                                             
|            | 
|31.2        |  | Certification of principal accounting and finance officer pursuant to Section 302 of the Sarbanes Oxley Act of 2002 (filed herewith)                                
|            | 
|32.1        |  | Certification of principal executive officer and principal accounting and finance officer pursuant to Section 906 of the Sarbanes Oxley Act of 2002 (filed herewith)



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CHINA MEDIA NETWORKS INTERNATIONAL, INC.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto
duly authorized.



|                   |  |  |  |                      |  |                                                                            |  | 
|------------------ |  |  |  | -------------------- |  | -------------------------------------------------------------------------- |  | 
|                   |  |  |  | CHINA MEDIA NETWORKS
|                   |  |  |  | INTERNATIONAL, INC. 
|                   |  |  | 
|Date: May 15, 2006 |  |  |  | By:                  |  | /s/ Brian Lesperance                                                      
|                   |  |  | 
|                   |  |  |  |                      |  | Brian Lesperance                                                          
|                   |  |  |  |                      |  | President and Treasurer                                                   
|                   |  |  |  |                      |  | (principal executive officer and principal accounting and finance officer)



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