U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 10-QSB
                                   (Mark One)

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

                  For the Quarterly period ended March 31, 2006

       [ ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT

         For the transition period from ______________ to ______________

                        Commission file number 000-28195

                             CARSUNLIMITED.COM, INC.
        (Exact name of small business issuer as specified in its charter)

         Nevada                                           11-3535204
         ------                                           ----------
(State of Incorporation)                       (IRS Employer Identification No.)


            444 Madison Avenue, 18th Floor, New York, New York 10022
                    (Address of principal executive offices)

                                  212-308-2233
                           (Issuer's telephone number)

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

                           Yes [X]              No [_]

APPLICABLE ONLY TO CORPORATE ISSUERS

Indicate  the  number of shares  outstanding  of each of the  issuer's  class of
common stock, as of the latest  practicable  date:  31,125,000  shares of common
stock, par value $0.001 per share, as of May 12, 2006.


<PAGE>


                             CARSUNLIMITED.COM, INC.
                              INDEX TO FORM 10-QSB

Contents                                                                    PAGE

PART I.   FINANCIAL INFORMATION

ITEM 1:  Condensed Unaudited Financial Statements                              3

         Balance Sheets - March 31, 2006 (unaudited)                           3
         and December 31, 2005

         Statements of Operations for the Three Months Ended March 31, 2006    4
         and 2005 and from inception on March 7, 2000 to March 31, 2006
         (Unaudited)

         Statements of Changes in Stockholders Deficit for the Three Months    5
         Ended March 31, 2006, and from March 7, 2000 (inception) to Match
         31, 2006 (Unaudited)

         Consolidated Statements of Cash Flows for the Three Months Ended      6
         March 31, 2006 and 2005 and from inception on March 7, 2000 to
         March 31, 2006 (Unaudited)

         Notes to Condensed Unaudited Financial Statements                     7

ITEM 2:  Management Discussion and Analysis                                   11

ITEM 3:  Controls and Procedures                                              13

PART II  OTHER INFORMATION                                                    13

ITEM 1:  Legal Proceedings                                                    13

ITEM 2:  Unregistered Sales of Equity Securities and Use of Proceeds          13

ITEM 3:  Defaults Upon Senior Securities                                      13

ITEM 4:  Submission of Matters to Vote of Security Holders                    13

ITEM 5:  Other information                                                    13

ITEM 6:  Exhibits                                                             13

         Signatures                                                           14

         Certifications                                                       15


                                       2
<PAGE>


PART I.  FINANCIAL INFORMATION

                             CARSUNLIMITED.COM, INC.
                          (A Development Stage Company)
                                  BALANCE SHEET

                                     ASSETS

<TABLE>
<CAPTION>
                                                                  March 31     December 31
                                                                   2006            2005
                                                                 Unaudited       Audited
                                                               ------------   ------------
<S>                                                            <C>            <C>
Cash                                                           $      3,036   $     13,777
                                                               ------------   ------------

Total Assets                                                   $      3,036   $     13,777
                                                               ============   ============

LIABILITIES AND STOCKHOLDERS' DEFICIT

Account payable and accrued expenses                           $    132,144   $    107,657
Loans payable shareholder                                            34,250         34,250
                                                               ------------   ------------

Total current liabilities                                           166,394        141,907
                                                               ------------   ------------

Stockholders' deficit:
Common stock, $0.001 par value; 50,000,000 shares authorized,        31,125         31,125
31,125,000 and 31,125,000 shares issued and outstanding on
March 31, 2006 and December 31, 2005

Additional paid-in capital                                          888,146        888,146


(Deficit) accumulated during the development stage               (1,082,629)    (1,047,401)
                                                               ------------   ------------

Total stockholders' deficit                                        (163,358)      (128,130)
                                                               ------------   ------------

Total liabilities and stockholders' Deficit                    $      3,036   $     13,177
                                                               ============   ============
</TABLE>

              See notes to condensed unaudited financial statements.


                                       3
<PAGE>


                             CARSUNLIMITED.COM, INC.
                          (A Development Stage Company)
                            STATEMENTS OF OPERATIONS
               FOR THE THREE MONTHS ENDED MARCH 31, 2006 AND 2005
                AND INCEPTION ON MARCH 7, 2000 TO MARCH 31, 2006
                                  (UNAUDITIED)


<TABLE>
<CAPTION>
                                                                                     From Inception
                                                                                    March 7, 2000 to
                                                     Three Months Ended March 31,        March 31,
                                                        2006            2005              2006
                                                        ----            ----              ----
                                                      Unaudited       Unaudited         Unaudited
                                                    -------------   -------------   ----------------
Revenues:
<S>                                                 <C>             <C>             <C>
Sales Commissions                                   $          --   $          --   $        310,403

Costs and Expenses:
Professional Fees                                          31,896          57,521            452,551
Salaries and related taxes                                     --              --            423,010
Commissions                                                    --              --             71,717
General and Administrative                                  2,510             440            399,322
                                                    -------------   -------------   ----------------

Total Costs and Expenses                                   34,406          57,961          1,346,600
                                                    -------------   -------------   ----------------

Operating Loss                                            (34,406)        (57,961)        (1,036,197)
                                                    -------------   -------------   ----------------

Interest Expense                                              822           2,448            (55,983)
                                                    -------------   -------------   ----------------

Income (loss) before Extraordinary items                  (35,228)        (60,409)        (1,092,180)
                                                    -------------   -------------   ----------------

Gain from Extinguishments, Net                                 --              --              9,551
                                                    -------------   -------------   ----------------

Net Income (loss)                                   $     (35,228)  $     (60,409)  $     (1,082,629)
                                                    =============   =============   ================

Net (loss) Per Common Share - Basic and diluted     $       (.001)  $       (.002)  $          (.037)
                                                    -------------   -------------   ----------------

Weighted Average Common Shares - Basic and diluted     31,125,000      30,125,000         29,014,898
                                                    =============   =============   ================
</TABLE>

             See notes to condensed unaudited financial statements.


                                       4
<PAGE>


                             CARSUNLIMITED.COM, INC.
                          (A Development Stage Company)
                 STATEMENTS OF CHANGES IN STOCKHOLDERS' DEFICIT
            FOR THE THREE MONTHS ENDED MARCH 31, 2006 AND THE PERIOD
                FROM MARCH 7, 2000 (INCEPTION) TO MARCH 31, 2006
                                  (UNAUDITIED)

<TABLE>
<CAPTION>
                                               Common Stock                                 (Deficit)
                                               ------------                                 ---------
                                                                                           Accumulated
                                                             Additional                      during
                                      Number of      Par       Paid-in    Subscriptions   Developmental
                                       Shares       Value      Capital      Receivable        Stage          Total
                                     ----------   --------   ----------   -------------   -------------   ----------
<S>                                  <C>          <C>        <C>          <C>             <C>             <C>
March 7, 2000                                --   $     --   $       --   $          --   $          --   $       --

Shares issued for cash
    ($.08 per share)                  2,239,000      2,239      192,511              --              --      194,750
Shares issued for services
    ($.10 per share)                  3,170,000      3,170      313,830              --              --      317,000
Founders Stock                       20,091,000     20,091           --         (20,091)             --           --
Net (loss)                                   --         --           --              --        (565,268)    (565,268)
Less subscriptions receivable               --         --           --            (200)             --         (200)
                                     ----------   --------   ----------   -------------   -------------   ----------

Balance, December 31, 2000           25,500,000   $ 25,500   $  506,341   $     (20,291)  $    (565,268)  $  (53,718)
      (Unaudited)
Shares issued for services
   ($.01 per share)                   1,025,000      1,025        9,325              --              --       10,350
Subscription collected                       --         --           --          20,091              --       20,091
Capital contribution                         --         --       40,000              --              --       40,000
Net loss                                     --         --           --              --        (192,233)    (192,233)
                                     ----------   --------   ----------   -------------   -------------   ----------

Balance, December 31, 2001           26,525,000   $ 26,525   $  555,666   $        (200)  $    (757,501)  $ (175,510)
      (Unaudited)
Net loss                                     --         --           --              --         (58,621)     (58,621)
Capital contributed by shareholders          --         --       37,854              --              --       37,854
                                     ----------   --------   ----------   -------------   -------------   ----------

Balance, December 31, 2002           26,525,000   $ 26,525   $  593,520   $        (200)  $    (816,122)  $ (196,277)
      (Unaudited)
Shares issued in exchange for
convertible loan ($.01 per share)     2,300,000      2,300       20,700              --              --       23,000

Shares issued for services
     ($.01 per share)                   800,000        800        7,200              --              --        8,000
Additional capital contribution              --         --      113,212              --              --      113,212
Net loss                                     --         --           --              --         (13,122)     (13,122)
                                     ----------   --------   ----------   -------------   -------------   ----------

Balance, December 31, 2003           29,625,000   $ 29,625   $  734,632   $        (200)  $    (829,244)  $  (65,187)

Shares issued in exchange for
convertible loan ($.01 per share)       500,000        500        4,500              --              --        5,000
Beneficial Conversion of notes               --         --       50,213              --              --       50,213
Net loss                                     --         --           --              --         (71,516)     (71,516)
                                     ----------   --------   ----------   -------------   -------------   ----------

Balance, December 31, 2004           30,125,000   $ 30,125   $  789,346   $        (200)  $    (900,760)  $  (81,489)

Shares issued for services
   ($.10 per share)                     250,000        250       24,750              --              --       25,000
Shares issued for cash
   ($.10 per share)                     750,000        750       74,250              --              --       75,000
Write off stock subscription                 --         --         (200)            200              --           --
Net loss                                     --         --           --              --        (146,641)     (146,641)
                                     ----------   --------   ----------   -------------   -------------   ----------

Balance, December 31, 2005           31,125,000   $ 31,125   $  888,146   $          --   $  (1,047,401)  $ (128,130)

Net loss                                     --         --           --              --         (35,228)     (35,228)
                                     ----------   --------   ----------   -------------   -------------   ----------

Balance, March 31, 2006              31,125,000   $ 31,125   $  888,146   $          --   $  (1,082,629)  $ (163,358)
                                     ==========   ========   ==========   =============   =============   ==========
</TABLE>

             See notes to condensed unaudited financial statements.


                                       5
<PAGE>


                             CARSUNLIMITED.COM, INC.
                          (A Development Stage Company)
                            STATEMENTS OF CASH FLOWS
               FOR THE THREE MONTHS ENDED MARCH 31, 2006 AND 2005
                AND INCEPTION ON MARCH 7, 2000 TO MARCH 31, 2006
                                  (UNAUDITIED)

<TABLE>
<CAPTION>
                                                                                           From Inception
                                                       Three Months Ended March 31,   March 7, 2000 to March 31,
                                                           2006            2005                 2006
                                                      -------------   -------------   --------------------------
Cash Flows From Operating Activities:

<S>                                                   <C>             <C>             <C>
Net loss                                              $     (35,228)  $     (60,409)  $               (1,082,629)

Adjustments to Reconcile Net Loss to
  Net Cash used in Operating Activities:
Depreciation and Amortization                                    --              --                        3,311
Write down of Fixed Assets                                       --              --                        6,377
Interest expense -
  Beneficial conversion                                          --                                       50,213
Stock issued for Services                                        --          25,000                      360,350
Changes is Operating Current Assets                              --              --                           --
  and Liabilities
Accounts payable and accrued expenses                        24,487           7,859                      132,145
Salaries payable-Officer                                         --              --                      113,212
Security Deposits                                                --              --                           --
                                                      -------------   -------------   --------------------------

Net cash provided by (Used in)

  Operating Activities                                      (10,741)        (27,550)                    (417,021)
                                                      -------------   -------------   --------------------------
Cash Flows used in Investing Activities;

Purchase of equipment                                            --              --                       (9,688)
                                                      -------------   -------------   --------------------------

Cash (Used) in Investing Activities                              --              --                       (9,688)
                                                      -------------   -------------   --------------------------

Cash Provided by Financing Activities
Issue of common stock for cash                                   --          75,000                      269,550
Notes payable                                                    --              --                       62,250
Additional paid-in capital                                       --              --                       97,945
                                                      -------------   -------------   --------------------------

Net cash provided by (Used in)

Financing Activities                                             --          75,000                      429,745
                                                      -------------   -------------   --------------------------

Net increase in cash                                        (10,741)         47,450                        3,036

Cash at beginning of period                                  13,777          10,672                           --
                                                      -------------   -------------   --------------------------

Cash at end of period                                 $       3,036   $      58,122   $                    3,036
                                                      =============   =============   ==========================

NON-CASH FINANCING AND
   INVESTING ACTIVITIES:
    Conversion of Notes to Common Stock               $          --   $          --   $                   28,000
                                                      =============   =============   ==========================
    Accounts payable contributed to capital           $          --   $          --   $                  110,907
                                                      =============   =============   ==========================
    Stock issued in cancellation of accrued salaries  $          --   $          --   $                    1,000
                                                      =============   =============   ==========================
</TABLE>

             See notes to condensed unaudited financial statements.


                                       6
<PAGE>


                             CARSUNLIMITED.COM, INC.
                          (A Development Stage Company)
                NOTES TO CONDENSED UNAUDITED FINANCIAL STATEMENTS
                                 MARCH 31, 2006

BASIS OF PRESENTATION

The accompanying  unaudited consolidated financial statements have been prepared
in  accordance  with  generally  accepted  accounting   principles  for  interim
financial  statements and with the instructions to Form l0-QSB and Article 10 of
Regulation  S-B.  Accordingly,  they  do not  include  all the  information  and
disclosures required for annual financial statements. These financial statements
should be read in conjunction  with the  consolidated  financial  statements and
related  footnotes for the year ended December 31, 2005,  included in the Annual
Report filed on Form l0-KSB for the year then ended.

In the opinion of the management of CarsUnlimited.com, Inc. (the "Company"), all
adjustments  (consisting  of normal  recurring  accruals)  necessary  to present
fairly the Company's financial position as of March 31, 2006, and the results of
operations and cash flows for the three-month  period ending March 31, 2006 have
been included.  The results of operations for the three-month period ended March
31, 2006 are not  necessarily  indicative  of the results to be expected for the
full  year.  For  further  information,  refer  to  the  consolidated  financial
statements and footnotes  thereto  included in the Company's Annual Report filed
on Form l0-KSB as filed with the Securities and Exchange Commission for the year
ended December 31, 2005.

NATURE OF OPERATIONS

CARSUNLIMITED.COM,  INC.  ("Cars")  or ("the  Company")  was formed in Nevada on
March 7, 2000. Cars is a development  stage company with limited  operations and
revenues and only nominal  assets.  Its intended  purpose was to offer users the
ability to search a database that contained  products and information  about the
Automobile  Industry,  new and  used  car  sales  (classified  ads),  as well as
automotive  products such as extended  warranty  information and anti-theft body
part marking.

Cars  developed a website to market  various leased  products  directly  through
automobile  dealers. We arranged for the dealers to market the products to their
automotive  customers  and collect the costs and fees.  We received  commissions
from  the  third  party  administrators.  Even  though  our  business  has  been
curtailed, it is our intention to maintain the website.

On June 13, 2003, the former majority stockholders and officers and directors of
Carsunlimited.com,  Inc.  entered  into an  agreement  with  ODC  Partners,  LLC
("ODC"),  and a  Delaware  Limited  Liability  Company.  Pursuant  to the  Share
Purchase  Agreement,  ODC purchased  19,931,000  shares of the Company's  Common
stock, par value $.001 per share for an aggregate purchase price of $69,793.  As
a result of this  transaction,  ODC became the beneficial owner of approximately
71.4% of the  outstanding  Common Stock.  ODC will now direct  Carsunlimited.com
operations.

In connection with the  consummation  of the  transaction,  Anthony Genova,  Jr.
resigned as President of Cars effective  June 13, 2003. The Board  appointed Mr.
Daniel Myers as the new Chief Executive Officer, President and Secretary on that
date.

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

CASH AND CASH EQUIVALENTS

The Company  considers  all highly liquid  temporary  cash  investments  with an
original maturity of three months or less to be cash equivalents.

The Company maintains its cash in bank accounts at high credit quality financial
institutions. The balances at times may exceed federally insured limits.


                                       7
<PAGE>


                             CARSUNLIMITED.COM, INC.
                          (A Development Stage Company)
                NOTES TO CONDENSED UNAUDITED FINANCIAL STATEMENTS
                                 MARCH 31, 2006


ESTIMATES AND ASSUMPTIONS

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

REVENUE RECOGNITION - SALES COMMISSIONS

Sales  commissions are recognized in the period in which they are earned,  using
the accrual basis of accounting. Sales commissions are earned as a percentage of
the total fee charged the customer at the time of the completion of the sale for
the particular type of automotive product.

IMPAIRMENT OF LONG-LIVED ASSETS

The Company reviews long-lived assets and certain identifiable assets related to
those on a quarterly basis for impairment whenever  circumstances and situations
change such that there is an  indication  that the  carrying  amounts may not be
recovered.  At March 31, 2006,  the Company does not believe that any impairment
has occurred.

INCOME TAXES

Income taxes are accounted for in accordance  with SFAS No. 109,  Accounting for
Income Taxes.  SFAS No. 109 requires the  recognition of deferred tax assets and
liabilities  to reflect  the future tax  consequences  of events  that have been
recognized in the Company's financial statements or tax returns.  Measurement of
the  deferred  items is based on  enacted  tax laws.  In the  event  the  future
consequences of differences  between financial  reporting bases and tax bases of
the Company's  assets and liabilities  result in a deferred tax asset,  SFAS No.
109  requires  an  evaluation  of the  probability  of being able to realize the
future benefits  indicated by such assets.  A valuation  allowance  related to a
deferred tax asset is recorded  when it is more likely than not that some or the
entire deferred tax asset will not be realized

FAIR VALUE OF FINANCIAL INSTRUMENTS

Statement of Financial Accounting Standard No. 107 `Disclosures about Fair Value
of  Financial  Instruments'  (SFAS 107)  requires the  disclosure  of fair value
information about financial instruments whether or not recognized on the balance
sheet,  for which it is practicable  to estimate the value.  Where quoted market
prices are not readily available,  fair values are based on quoted market prices
of comparable  instruments.  The carrying amount of cash,  accounts  payable and
accrued  expenses  approximate fair value because of the short maturity of those
instruments.

EARNINGS (LOSS) PER COMMON SHARE

The Company  reports  loss per common  share in  accordance  with  Statement  of
Financial  Accounting  Standards ("SFAS") no. 128, "Earnings per Share". The per
share effects of potential common shares such as warrants, options,  convertible
debt and convertible preferred stock have not been included, as the effect would
be antidilutive.

ACCOUNTING FOR CONVERTIBLE NOTES

The  Company  has  issued   convertible  debt  securities  with   non-detachable
conversion features.  The note holder has the right to have the notes and all or
a portion of accrued and unpaid  interest  converted  into a number of shares of
the Common  Stock at a  Conversion  Price of $0.01 per share.  The  Company  has
recorded  the fair  value of the  beneficial  conversion  features  as  interest
expense and an increase to Additional Paid in Capital.


                                       8
<PAGE>


                             CARSUNLIMITED.COM, INC.
                          (A Development Stage Company)
                NOTES TO CONDENSED UNAUDITED FINANCIAL STATEMENTS
                                 MARCH 31, 2006

STOCK BASED COMPENSATION

In December 2004, the FASB issued SFAS No. 123(R),  "Share-Based Payment," which
replaces SFAS No. 123 and  supersedes APB Opinion No. 25. Under SFAS No. 123(R),
companies  are  required  to  measure  the  compensation  costs  of  share-based
compensation  arrangements  based on the grant-date fair value and recognize the
costs in the financial  statements  over the period  during which  employees are
required to provide  services.  Share-based  compensation  arrangements  include
stock  options,   restricted  share  plans,   performance-based   awards,  share
appreciation  rights and employee  share purchase  plans.  In March 2005 the SEC
issued Staff Accounting  Bulletin No. 107, or "SAB 107". SAB 107 expresses views
of the staff regarding the  interaction  between SFAS No. 123(R) and certain SEC
rules and  regulations and provides the staff's views regarding the valuation of
share-based payment  arrangements for public companies.  SFAS No. 123(R) permits
public  companies to adopt its requirements  using one of two methods.  On April
14,  2005,  the SEC adopted a new rule  amending the  compliance  dates for SFAS
123R. Companies may elect to apply this statement either prospectively,  or on a
modified version of retrospective  application under which financial  statements
for  prior  periods  are  adjusted  on a basis  consistent  with  the pro  forma
disclosures  required for those  periods  under SFAS 123.  Effective  January 1,
2006,  the Company has fully adopted the provisions of SFAS No. 123R and related
interpretations  as provided by SAB 107. As such,  compensation cost is measured
on the date of grant as the excess of the current market price of the underlying
stock over the exercise price. Such compensation  amounts, if any, are amortized
over the respective  vesting  periods of the option grant.  The Company  applies
this statement prospectively.

RECENTLY ISSUED ACCOUNTING STANDARDS

In February  2006, the FASB issued FASB Statement No. 155, which is an amendment
of FASB  Statements  No. 133 and 140.  This  Statement;  a)  permits  fair value
remeasurement  for any hybrid  financial  instrument  that  contains an embedded
derivative  that  otherwise  would  require  bifurcation,   b)  clarifies  which
interest-only strip and principal-only strip are not subject to the requirements
of  Statement  133,  c)  establishes  a  requirement  to evaluate  interests  in
securitized  financial  assets  to  identify  interests  that  are  freestanding
derivatives or that are hybrid  financial  instruments  that contain an embedded
derivative  requiring  bifurcation,  d) clarifies that  concentrations of credit
risk in the  form of  subordination  are not  embedded  derivatives,  e)  amends
Statement  140 to eliminate  the  prohibition  on a  qualifying  special-purpose
entity  from  holding a  derivative  financial  instrument  that  pertains  to a
beneficial  interest other than another derivative  financial  instrument.  This
statement is effective for financial statements for fiscal years beginning after
September 15, 2006.  Earlier  adoption of this  Statement is permitted as of the
beginning of an entity's fiscal year, provided the entity has not yet issued any
financial  statements for that fiscal year.  Management  believes this Statement
will have no impact on the financial statements of the Company once adopted.

In March 2006,  the FASB  issued  FASB  Statement  No.  156,  which  amends FASB
Statement  No.  140.  This  Statement  establishes,   among  other  things,  the
accounting  for  all  separately   recognized  servicing  assets  and  servicing
liabilities.  This Statement amends Statement 140 to require that all separately
recognized  servicing assets and servicing  liabilities be initially measured at
fair value, if practicable.  This Statement permits,  but does not require,  the
subsequent  measurement of separately  recognized servicing assets and servicing
liabilities  at fair  value.  An entity  that  uses  derivative  instruments  to
mitigate the risks  inherent in servicing  assets and servicing  liabilities  is
required to account for those derivative  instruments at fair value.  Under this
Statement,  an entity can elect subsequent fair value measurement to account for
its  separately  recognized  servicing  assets  and  servicing  liabilities.  By
electing  that  option,  an entity may  simplify  its  accounting  because  this
Statement  permits  income  statement  recognition  of the potential  offsetting
changes in fair value of those  servicing  assets and servicing  liabilities and
derivative  instruments  in  the  same  accounting  period.  This  Statement  is
effective for financial  statements for fiscal years  beginning  after September
15, 2006. Earlier adoption of this Statement is permitted as of the beginning of
an entity's  fiscal year,  provided the entity has not yet issued any  financial
statements for that fiscal year. Management believes this Statement will have no
impact on the financial statements of the Company once adopted.


                                       9
<PAGE>


                             CARSUNLIMITED.COM, INC.
                          (A Development Stage Company)
                NOTES TO CONDENSED UNAUDITED FINANCIAL STATEMENTS
                                 MARCH 31, 2006

GOING CONCERN

The  Company  is  a  development  stage  company  with  limited  operations,  no
substantial,  continuing  source of revenues,  only nominal assets,  and working
capital and  stockholders'  deficits.  Present  operations  require  substantial
capital and until revenues are sufficient to fund ongoing operations, we will be
highly dependent on external sources of financing to allow us the opportunity to
find a suitable operating entity.  Cars has no internal sources of liquidity and
does not expect to generate any  positive  cash flows in the  immediate  future.
These  conditions  raise  substantial  doubt  about its ability to continue as a
going concern.

RELATED PARTY TRANSACTIONS

Transactions with Management

On July 1, 2003, the Company  entered into a credit  facility with ODC Partners,
LLC as described in Note 7 below. Daniel Myers,  (chairman and president) is the
manager of ODC.

CONVERTIBLE NOTES PAYABLE AND CREDIT FACILITY

On July 1, 2003, ODC Partners,  LLC, the Company's largest shareholder,  entered
into a Revolving  Convertible  Credit Facility with Cars,  which requires ODC to
lend us up to $100,000 during the credit period.  The loans will be evidenced by
promissory  notes  which bear  interest at the rate of prime plus 2% and are due
and payable on June 30, 2006.  The loans are  convertible,  at the option of ODC
Partners into common stock of the Company at the rate of $.01 per share.

As of March 31, 2006, the Balance of the convertible line of credit was $34,250.
Accrued  interest  associated with this amount was $7,338 at March 31, 2006. The
Beneficial conversion feature totaled $50,213, which was all expensed in 2004.

COMMON STOCK

In March 2005, the Company sold 750,000 shares of our common stock to accredited
investors at $0.10 per share for an aggregate purchase price of $75,000.

In March  2005,  the  Company  issued  250,000  shares of our  common  stock for
services at $0.10 per share, valued at $25,000.


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<PAGE>


ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS

The following  discussion  should be read along with our  financial  statements,
which are included in another section of this 10-QSB.  This discussion  contains
forward-looking statements about our expectations for our business and financial
needs.  These  expectations are subject to a variety of uncertainties  and risks
that may cause actual results to vary significantly  from our expectations.  The
cautionary  statements  made in this  Report  should be read as  applying to all
forward-looking  statements  in any  part of this  10-QSB.  The  forward-looking
statements are made as of the date of this Form 10-QSB,  and the Company assumes
no obligation to update the forward-looking statements, or to update the reasons
actual  results  could  differ  from  those  projected  in such  forward-looking
statements.

We were incorporated on March 7, 2000 as a Nevada  Corporation.  We have adopted
December 31 as our  year-end.  We are a  development  stage company with limited
operations and revenues and only nominal assets.  Any reference in this document
to "the  Company,"  "our",  "we" or "us"  refers to  Carsunlimited.com,  Inc. We
provided products and information  related to the auto industry to our customers
through our Web site using  classified  ads and affiliate  link  programs.  Even
though our  business  has been  curtailed  it is our  intention  to maintain the
website.

Analysis of Financial Condition.

As of March 31, 2006,  we had cash reserves of $3,036 and no other liquid assets
or  resources.  From December 31, 2005,  our cash had  decreased by $10,741.  On
March 31, 2006,  we had total  current  liabilities  of $166,394  compared  with
$141,907 on December 31, 2005. We will need additional  capital to implement our
business plans successfully.

Results of Operations

Three Months Ended March 31, 2006 and 2005

Carsunlimited.com  had no revenue for the three  months ended March 31, 2006 and
for the  period  ending  March 31,  2005.  We have no costs of goods  sold.  The
Company had no sales  activities  in 2005 and the three  months  ended March 31,
2006.

Expenses  for  professional  services  decreased by $25,625 from $57,521 for the
three  months  ended March 31, 2005 to $31,896 for the three  months ended March
31, 2006.  The main reason for this decrease was a decrease in legal fees due to
the temporary halt of raising additional capital.

General and administrative  expenses increased by $2,070 from $440 for the three
months ended March 31, 2005 to $2,510 for the three months ended March 31, 2006.
As a result of  decreased  cost of  professional  services,  the total  expenses
decreased  by $23,945  from $58,351 to $34,406,  during the  three-month  period
ended March 31, 2005 as compared to 2006.

We had a net loss of $35,228 for the  three-month  period  ending March 31, 2006
compared to a net loss of $60,409 for the same period last year. The decrease in
loss of $25,181 was due to a decrease in professional fees for the period.

Plan of Operations

On June 11, 2003, Anthony Genova,  Jr., Lawrence Genova,  William Quinn,  Joseph
Marks,  Mark  Makropoulos,   (collectively,   "Sellers"),  the  former  majority
stockholders and officers and directors of Carsunlimited.com,  Inc. entered into
a share purchase  agreement (the "Share Purchase  Agreement") with ODC Partners,
LLC  ("ODC"),  which was  consummated  on June 13,  2003.  Pursuant to the Share
Purchase  Agreement,  ODC purchased  19,931,000  shares of the Company's  common
stock, par value $.001 per share, owned by the Sellers for an aggregate purchase
price of $69,793 or $.03 per share. Now ODC owns 71.4% of the outstanding shares
of the registrant and is considered the controlling entity.

In connection with the transaction,  the Company's  principal  executive offices
are now located at 444 Madison Avenue, 18th Floor, New York, New York 10022.


                                       11
<PAGE>


As  contemplated  by the Share  Purchase  Agreement  signed on June 13, 2003, by
action of the Board of  Directors of the Company  (the  "Board"),  the number of
persons comprising the Board was increased from five persons to six persons.  As
a  result  of  this  action,  and  the  Board  resignations  of  Messrs.  Marks,
Makropoulos,  Quinn and  Lawrence  Genova on June 13, 2003,  there  existed four
vacancies on the Board.  Anthony Genova, Jr., the remaining member of the Board,
appointed Mr. Daniel Myers, as designee of ODC, to fill one of the vacancies. In
addition,  also by action of the Board,  the number of  persons  comprising  the
Board was decreased to one (1) person,  effective ten days following the mailing
of an  Information  Statement to all  stockholders  of the Company in compliance
with Section  14(f) of the  Securities  Exchange Act of 1934 and Rule 14f-1.  At
that  time,  the  resignation  of  Anthony  Genova,  Jr.  from the Board  became
effective.  As part of the  agreement,  Anthony  J.  Genova,  Jr.  resigned  and
converted  $100,000 of accrued salaries due to him into 100,000 shares of Common
Stock. As of June 13, 2003,  Daniel Myers became our sole director and executive
officer of the Company.

On June 10, 2005,  Carsunlimited.com  announced  that it has signed an agreement
and plan of merger to acquire  Innopump,  Inc.,  a  privately-held  company (the
"Merger Agreement").  Under the Merger Agreement,  Innopump would be merged with
and into a wholly-owned subsidiary of Cars. Following the transaction,  the sole
business of Cars would be the operations of Innopump.

The  merger  transaction  is  subject to  certain  financing  contingencies  and
completion of other conditions  precedent as are customary to agreements of this
nature. No assurance can be given that the transaction will be completed.

We expect to need to raise additional amounts of capital through the sale of our
equity or debt securities  within the next 3 to 9 months because we will need to
raise  funds to  satisfy  capital  conditions  in  connection  with  the  Merger
Agreement as well as to cover our  corporate  overhead and  expenses.  As of the
date of this report,  we have no commitments  for the sale of our securities nor
can we assure you that such funds will be available on  commercially  reasonable
terms, if at all.  Should we be unable to raise the required funds,  our ability
to finance our  operations,  consummate the merger with Innopump and growth will
be materially adversely affected.

As of September 21, 2005,  Cars entered into a letter  agreement  ("Modification
Letter") with Innopump,  Inc. in which the parties agreed to amend the Agreement
and Plan of Merger dated as of June 10, 2005 by and among Cars, Pump Acquisition
Corp.,  a  wholly-owned  subsidiary  of Cars,  Innopump,  and  certain  Innopump
stockholders  and that  certain  agreement  dated  August  15,  2005 by the same
parties (as amended by that September 15, 2005 letter, the "August  Agreement").
The parties agreed that certain actions of Cars had satisfied the obligation set
forth in the August Agreement to deliver to Innopump $425,000 as a secured loan.
In  addition,  the date by which  Cars was  required  to have no less  than $4.0
million in cash or cash  equivalents and no more than $80,000 in liabilities was
extended beyond September 15, 2005 to October 31, 2005 ("Liquidity  Condition").
The  continuing  effectiveness  of such  extension is subject to the  execution,
within a  reasonable  period of time as  determined  in the sole  discretion  of
Innopump, of a letter of intent (or equivalent instrument)  ("Financing LOI") in
connection with a financing of Registrant's  equity securities  ("Financing") by
and  between  Registrant  and a third  party  investor  on terms  acceptable  to
Innopump.  Further,  the  continuing  effectiveness  is subject  to the  ongoing
satisfaction by the parties of the terms of the Financing LOI, including without
limitation,  the preparation of definitive  agreements,  and providing of bridge
financing.

Innopump, Inc, was established to capitalize on the commercial opportunities for
innovation in packaging and dispensing within the consumer products  industries.
Innopump holds the exclusive  worldwide  license for a patented  multi-chambered
variable  dispensing system for all category uses, marketed under the registered
trademark  "Versadial(R)".  The patented  system  utilizes  multiple  volumetric
pumps,  controlled by a rotating head and disc system,  providing the dispensing
of precise  fixed or  variable  ratios of  distinct  and  separate  fluids.  The
Versadial(R)  custom blending dual dispensing  head provides  consumer  packaged
goods manufacturers with a new and innovative  dispensing  technique  permitting
precision measured blending by the consumer of lotions, creams and liquids.

Pursuant to the Merger  Agreement,  we intend to close the  reverse  merger with
Innopump during the second quarter of this year.  After closing,  we intend that
the sole business of the Company shall be the business of Innopump.

Liquidity and Capital Resources

Since inception,  we have used more cash than we have generated.  Because of the
continued need for working capital to fund the business, we expect to experience
negative operating cash flow for the foreseeable  future. At this time we do not
have the financial resources to attain profitable operations.

On March 31,  2006,  we had a working  capital  deficit  of  $163,358  and total
stockholders' deficit of $163,358.

In June 2003,  ODC  Partners,  LLC ("ODC"),  our majority  shareholder,  lent us
$15,000 in exchange  for a  convertible  note payable that bears 4% interest and
matures in four  years.  Also,  on July 1, 2003,  ODC  entered  into a Revolving
Convertible Credit Agreement with us that requires ODC to lend the Company up to
$100,000  during the credit period.  The loan was evidenced by a promissory note
bearing interest at the rate of prime plus 2% and is due and payable on June 30,
2004. The loans are convertible,  at the option of ODC, into common stock of the
Company at the rate of $.01 per share.


                                       12
<PAGE>


ITEM 3. CONTROLS AND PROCEDURES

Evaluation of Disclosure Controls and Procedures

For  purposes of rule 13a-14 and 15d-14 of the  Securities  Exchange Act of 1934
("Exchange  Act") the term  "disclosure  controls and procedures"  refers to the
controls  and other  procedures  of a company  that are  designed to ensure that
information  required to be  disclosed by a company in the reports that it files
under the Exchange Act is recorded,  processed,  summarized and reported  within
the required time periods.  As of the last date of the end of the period covered
by this report  ("Evaluation  Date"),  Carsunlimited  carried out an  evaluation
under the supervision and with the participation of its Chief Executive Officer,
the sole  officer,  director and employee of Cars, of the  effectiveness  of the
design and operation of its disclosure  controls and  procedures.  Based on that
evaluation, the Chief Executive Officer has concluded that, as of the Evaluation
Date,  such  controls and  procedures  were  effective at ensuring that required
information  will be disclosed on a timely basis in our periodic  reports  filed
under and pursuant to the Exchange Act.

Changes in Internal Controls

The Company made no  significant  changes in its  internal  controls or in other
factors that could significantly affect those controls subsequent to the date of
the evaluation of those controls subsequent to the Evaluation Date.

PART II.  OTHER INFORMATION

ITEM 1. Legal Proceedings

None

ITEM 2. Unregistered Sales of Equity Securities

There  have been no  changes in the  instruments  defining  the rights or rights
evidenced by any class of registered securities.

There have been no dividends declared.

ITEM 3. Defaults Upon Senior Securities

None

ITEM 4. Submission of Matters to Vote of Security Holders

None

ITEM 5. Other Information

None

ITEM 6. Exhibits

The following documents are filed as part of this report:

31 Certification of CEO and CFO pursuant to Securities Exchange Act rules 13a-15
and 15d-15(c) as adopted pursuant to section 302 of the Sarbanes-Oxley Act of
2002.*

32 Certification of Daniel Myers, Chief Executive Officer and Chief Financial
Officer, pursuant to 18 U.S.C. section 1350, as adopted pursuant to section 906
of the Sarbanes-Oxley Act of 2002.*

   *   Filed herewith


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<PAGE>


                                   SIGNATURES

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


CARSUNLIMITED.COM, INC.


By: /s/ Daniel Myers
CEO, President, Chief Financial Officer and Director
Dated: May 12, 2006

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