**UNITED      STATES**

**SECURITIES      AND EXCHANGE COMMISSION**

**FORM      10-QSB**

| [X]                | Quarterly                Report pursuant to Section 13 or 15(d) of the Securities Exchange                Act of                1934 |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------|
|               |                                                                                                                                 |
|               | For                the quarterly period ended June                30, 2006                                                           |
|               |                                                                                                                                 |
| [                ] | Transition                Report pursuant to 13 or 15(d) of the Securities Exchange Act of                1934                       |
|               |                                                                                                                                 |
|               | For                the transition period _________                to __________                                            |
|               |                                                                                                                                 |
|               | Commission                File Number: 000-31361                                                                                     |

| New                Jersey                                                     | 22-3720628                                       |
|-------------------------------------------------------------------------------|--------------------------------------------------|
| (State                or other jurisdiction of incorporation or organization) | (IRS                Employer Identification No.) |

| 9717-53                Avenue, 2nd Floor Edmonton, Alberta, Canada T6E 5E9 |
|----------------------------------------------------------------------------|
| (Address                of principal executive offices)                    |

| 780-485-1257                                                                                                     |
|------------------------------------------------------------------------------------------------------------------|
| (Issuer’s                telephone number)                                                                 |
|  _______________________________________________________________                                            |
| (Former                name, former address and former fiscal year, if changed since last                report) |

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Table          of Contents

|                                                   | TABLE                OF CONTENTS                                                          |   Page |
|--------------------------------------------------------|-------------------------------------------------------------------------------------------|------------------|
| PART                I - FINANCIAL INFORMATION     |
| Item                1.                                 | Financial                Statements                                                       | 3                |
| Item                2.                                 | Plan                of Operation                                                          | 4                |
| Item                3.                                 | Controls                and Procedures                                                    | 7                |
|  PART                II - OTHER INFORMATION  |
| Item                1.                                 | Legal                Proceedings                                                          | 8                |
| Item                2.                                 | Unregistered                Sales of Equity Securities and Use of                Proceeds | 8                |
| Item                3.                                 | Defaults                Upon Senior Securities                                            | 8                |
| Item                4.                                 | Submission                of Matters to a Vote of Security                Holders         | 8                |
| Item                5.                                 | Other                Information                                                          | 8                |
| Item                6.                                 | Exhibits                                                                                  | 8                |

----

Table          of Contents

**PART      I - FINANCIAL INFORMATION**

**Item      1.** **     Financial      Statements**

| Our                unaudited financial statements included in this Form 10-QSB are as                follows: |
|---------------------------------------------------------------------------------------------------------------|
|  F-1                                                                                                     |  Balance                Sheet as of June 30, 2006; |
|  F-2                                                                                                     |  Statements                of Operations for the six                months ended June 30, 2006 and 2005 and for the period from inception                (June 24, 2003) through June 30, 2006; |
|  F-3                                                                                                     |  Statement                of Comprehensive Income for the six months ended                June 30, 2006 and 2005; |
|  F-4                                                                                                     |  Statements                of Operations for the three                months ended June 30, 2006 and 2005 and for the period from inception                (June                24, 2003) through June 30, 2006; |
|  F-5                                                                                                     |  Statement                of Stockholders’ Equity from inception (June 24,                2003) through June 30, 2006; |
|  F-6                                                                                                     |  Statements                of Cash Flows for the six months ended June 30,                2006 and 2005 and for the period from inception (June 24, 2003) through                June 30, 2006; |
|  F-4                                                                                                     |  Notes                to Financial                Statements; |

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Table          of Contents

**FUTOMIC        INDUSTRIES, INC.**

**And        Subsidiary**

**(a        development stage company)**

**BALANCE        SHEETS**

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

**(unaudited)**

| **ASSETS**                                                                                                   |   |        |   |   |           |
|--------------------------------------------------------------------------------------------------------------|--------|-------------|--------|--------|----------------|
|                                                                                                         |   |        |   |   |           |
| **CURRENT                  ASSETS**                                                                          |   | **6/30/06** |   |   | **12/31/2005** |
|                                                                                                         |   |        |   |   |           |
| Cash                                                                                                         | $      | -           |   | $      | 30,665         |
|                                                                                                         |   |        |   |   |           |
| Total                  Current Assets                                                                        |   | -           |   |   | 30,665         |
|                                                                                                         |   |        |   |   |           |
| **FIXED                  ASSETS**                                                                            |   |        |   |   |           |
|                                                                                                         |   |        |   |   |           |
| Computers                  & Software                                                                    |   | -           |   |   | 5,280          |
| Less:                  Accumulated Depreciation                                                              |   | -           |   |   | (2,592)        |
|                                                                                                         |   |        |   |   |           |
| Total                  Fixed Assets                                                                          |   | -           |   |   | 2,688          |
|                                                                                                         |   |        |   |   |           |
| **OTHER                  ASSETS**                                                                            |   |        |   |   |           |
|                                                                                                         |   |        |   |   |           |
| Deposits                                                                                                     |   | -           |   |   | 1,070          |
|                                                                                                         |   |        |   |   |           |
| Total                  Other Assets                                                                          |   | -           |   |   | 1,070          |
|                                                                                                         |   |        |   |   |           |
| **TOTAL                  ASSETS**                                                                            | $      | -           |   | $      | 34,423         |
|                                                                                                         |   |        |   |   |           |
| **LIABILITIES                  AND STOCKHOLDERS' EQUITY**                                                    |   |        |   |   |           |
|                                                                                                         |   |        |   |   |           |
| **CURRENT                  LIABILITIES**                                                                     |   |             |   |   |           |
|                                                                                                         |   |        |   |   |           |
| Accounts                  Payable                                                                            | $      | -           |   | $      | 3,625          |
| Wages                  Payable                                                                               |   | -           |   |   | 18,711         |
| Loans                  from stockholders                                                                     |   | -           |   |   | 95,941         |
|                                                                                                         |   |        |   |   |           |
| Total                  Current Liabilities                                                                   |   | -           |   |   | 118,277        |
|                                                                                                         |   |        |   |   |           |
| **TOTAL                  LIABILITIES**                                                                       |   | -           |   |   | 118,277        |
|                                                                                                         |   |        |   |   |           |
| **STOCKHOLDERS'                  EQUITY**                                                                    |   |        |   |   |           |
|                                                                                                         |   |        |   |   |           |
| Preferred                  Stock - Par value $0.0001;                                                        |   |        |   |   |           |
| Authorized:                  20,000,000                                                                      |   |        |   |   |           |
| None                  issues and outstanding                                                                 |   | -           |   |   | -              |
| Common                  Stock - Par value $0.0001;                                                           |   |        |   |   |           |
| Authorized:                  100,000,000                                                                     |   |        |   |   |           |
| Issued                  and Outstanding: 7,615,000 and 16,371,000                                            |   | 762         |   |   | 762            |
| Additional                  Paid-In Capital                                                                  |   | 341,663     |   |   | 341,663        |
| Foreign                  Currency translation adjustment                                                     |   | (515)       |   |   | (836)          |
| Accumulated                  Deficit                                                                         |   | (341,910)   |   |   | (425,443)      |
|                                                                                                         |   |        |   |   |           |
| Total                  Stockholders' Equity                                                                  |   | -           |   |   | (83,854)       |
|                                                                                                         |   |        |   |   |           |
| **TOTAL                  LIABILITIES AND EQUITY**                                                            | $      | -           |   | $      | 34,423         |
|                                                                                                         |   |        |   |   |           |
| The                  accompanying notes are an integral part of these financial                  statements. |   |        |   |   |           |

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Table          of Contents

**FUTOMIC        INDUSTRIES, INC.**

**And        Subsidiary**

**(a        development stage company)**

**STATEMENT        OF OPERATIONS**

**For        the six months ending June 30, 2006, **

**the        six months ending June 30, 2005 and**

**from        inception (June 24, 2003) through June 30, 2006**

**(unaudited)**

|                                                          |   | **6                  MONTHS** |   |   | **6                  MONTHS** |   |   | **FROM**                         |
|---------------------------------------------------------------|--------|-------------------------------|--------|--------|-------------------------------|--------|--------|----------------------------------|
|                                                          |   | **ENDING**                    |   |   | **ENDING**                    |   |   | **INCEPTION**                    |
|                                                          |   | **6/30/2006**            |   |   | **6/30/2005**                 |   |   | **TO                  06/30/06** |
|                                                          |   |                          |   |   |                          |   |   |                             |
| **REVENUE**                                                   | $      | -                             |   | $      | -                             |   | $      | -                                |
|                                                          |   |                          |   |   |                          |   |   |                             |
| **COST                  OF SERVICES**                         |   | -                             |   |   | -                             |   |   | -                                |
|                                                          |   |                          |   |   |                          |   |   |                             |
| **GROSS                  PROFIT OR (LOSS)**                   |   | -                             |   |   | -                             |   |   | -                                |
|                                                          |   |                          |   |   |                          |   |   |                             |
| **GENERAL                  AND ADMINISTRATIVE EXPENSES**      |   | 5,449                         |   |   | 54,185                        |   |   | 251,085                          |
|                                                          |   |                          |   |   |                          |   |   |                             |
| **RESEARCH                  AND DEVELOPMENT COSTS**           |   | -                             |   |   | 3,152                         |   |   | 176,327                          |
|                                                          |   |                          |   |   |                          |   |   |                             |
| **OPERATING                  INCOME (LOSS)**                  |   | (5,449)                       |   |   | (57,337)                      |   |   | (427,412)                        |
|                                                          |   |                          |   |   |                          |   |   |                             |
| **INTEREST                  INCOME**                          |   | -                             |   |   | 6                             |   |   | 44                               |
|                                                          |   |                          |   |   |                          |   |   |                             |
| **PROVISIONS                  FOR INCOME TAXES**              |   | -                             |   |   | -                             |   |   | -                                |
|                                                          |   |                          |   |   |                          |   |   |                             |
| **OTHER                  INCOME, FORGIVENESS OF DEBT**        |   | 88,982                        |   |   | -                             |   |   | 88,982                           |
|                                                          |   |                          |   |   |                          |   |   |                             |
| **INTEREST                  EXPENSE**                         |   | -                             |   |   | -                             |   |   | 3,524                            |
|                                                          |   |                          |   |   |                          |   |   |                             |
| **NET                  INCOME (LOSS)**                        |   | 83,533                        |   |   | (57,331)                      |   |   | (341,910)                        |
|                                                          |   |                          |   |   |                          |   |   |                             |
| **ACCUMULATED                  DEFICIT, BEGINNING BALANCE**   |   | (425,443)                     |   |   | (338,385)                     |   |   | -                                |
|                                                          |   |                          |   |   |                          |   |   |                             |
| **ACCUMULATED                  DEFICIT, ENDING BALANCE**      | $      | (341,910)                     |   | $      | (395,716)                     |   | $      | (341,910)                        |
|                                                          |   |                          |   |   |                          |   |   |                             |
|                                                          |   |                          |   |   |                          |   |   |                             |
|                                                          |   |                          |   |   |                          |   |   |                             |
| **Earnings                  (loss) per share**                | $      | 0.01                          |   | $      | (0.01                         | )      |   |                             |
|                                                          |   |                          |   |   |                          |   |   |                             |
| **Weighted                  average number of common shares** |   | 7,615,000                     |   |   | 7,615,000                     |   |   |                             |

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Table          of Contents

**FUTOMIC        INDUSTRIES, INC.**

**And        Subsidiary**

**(a          development stage company)**

**STATEMENT        OF COMPREHENSIVE INCOME**

**For        the six months ending June 30, 2006 and 2005**

**(unaudited)**

|                                                          |   | **6                  MONTHS**  |   |   | **6                  MONTHS** |
|---------------------------------------------------------------|--------|-------------------------------------|--------|--------|-------------------------------|
|                                                          |   | **ENDING**                     |   |   | **ENDING**                    |
|                                                          |   | **6/30/2006**                  |   |   | **6/30/2005**                 |
|                                                          |   |                                |   |   |                          |
| **NET                  INCOME (LOSS)**                        | $      | 83,533                              |   | $      | (57,331)                      |
|                                                          |   |                                |   |   |                          |
| **FOREIGN                  CURRENCY TRANSLATION ADJUSTMENTS** |   | (515)                               |   |   | (485)                         |
|                                                          |   |                                |   |   |                          |
| **COMPREHENSIVE                  INCOME**                     | $      | 83,018                              |   | $      | (57,816)                      |

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Table            of Contents

**FUTOMIC        INDUSTRIES, INC.**

**And        Subsidiary**

**(a        development stage company)**

**STATEMENT        OF OPERATIONS**

**For        the three months ending June 30, 2006 and 2005**

**(unaudited)**

|                                                            |   | **3                    MONTHS**  |   |   | **3                    MONTHS** |
|------------------------------------------------------------|--------|---------------------------------------|--------|--------|---------------------------------|
|                                                       |   | **ENDING**                       |   |   | **ENDING**                      |
|                                                       |   | **6/30/2006**                    |   |   | **6/30/2005**                   |
|                                                       |   |                                  |   |   |                            |
| **REVENUE**                                                | $      | -                                     |   | $      | -                               |
|                                                       |   |                                  |   |   |                            |
| **COST                    OF SERVICES**                    |   | -                                     |   |   | -                               |
|                                                       |   |                                  |   |   |                            |
| **GROSS                    PROFIT OR (LOSS)**              |   | -                                     |   |   | -                               |
|                                                       |   |                                  |   |   |                            |
| **GENERAL                    AND ADMINISTRATIVE EXPENSES** |   | 1,578                                 |   |   | 8,510                           |
|                                                       |   |                                  |   |   |                            |
| **RESEARCH                    AND DEVELOPMENT COSTS**      |   | -                                     |   |   | 48                              |
|                                                       |   |                                  |   |   |                            |
| **OPERATING                    INCOME (LOSS)**             |   | (1,578                                | )      |   | (8,558)                         |
|                                                       |   |                                  |   |   |                            |
| **INTEREST                    INCOME**                     |   | -                                     |   |   | 1                               |
|                                                       |   |                                  |   |   |                            |
| **OTHER                    INCOME**                        |   | 88,983                                |   |   | -                               |
|                                                       |   |                                  |   |   |                            |
| **INTEREST                    EXPENSE**                    |   | -                                     |   |   | -                               |
|                                                       |   |                                  |   |   |                            |
| **NET                    INCOME (LOSS)**                   |   | 87,405                                |   |   | (8,557                          |

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Table          of Contents

**FUTOMIC          INDUSTRIES, INC.**

**And          Subsidiary**

**(a          development stage company)**

**STATEMENT          OF STOCKHOLDERS' EQUITY**

**From          inception (June 24, 2003) through June 30, 2006**

**(unaudited)**

|                                                         |   |        |   |   |       |   |   |                           |   |   | **FOREIGN**     |   |   |        |   |   |       |
|---------------------------------------------------------|--------|-------------|--------|--------|------------|--------|--------|--------------------------------|--------|--------|-----------------|--------|--------|-------------|--------|--------|------------|
|                                                         |   |        |   |   |       |   |   | **ADDITIONAL**                 |   |   | **CURRENCY**    |   |   |        |   |   |       |
|                                                    |   |        |   |   | **COMMON** |   |   | **PAID                    IN** |   |   | **TRANSLATION** |   |   | **ACCUM.**  |   |   | **TOTAL**  |
|                                                    |   | **SHARES**  |   |   | **STOCK**  |   |   | **CAPITAL**                    |   |   | **ADJUSTMENT**  |   |   | **DEFICIT** |   |   | **EQUITY** |
|                                                    |   |        |   |   |       |   |   |                           |   |   |            |   |   |        |   |   |       |
| Equity                    Balance Pre-Merger            |   | 5,000,000   |   | $      | 500        |   | $      | 2,502                          |   | $      | -               |   | $      | (4,502)     |   | $      | (1,500)    |
|                                                    |   |        |   |   |       |   |   |                           |   |   |            |   |   |        |   |   |       |
| Shares                    issued in exchange            |   |        |   |   |       |   |   |                           |   |   |            |   |   |        |   |   |       |
| of                    stock for acquisition             |   |        |   |   |       |   |   |                           |   |   |            |   |   |        |   |   |       |
| of                    subsidiary on August 15, 2003     |   |        |   |   |       |   |   |                           |   |   |            |   |   |        |   |   |       |
| for                    $0.01 per share on               |   |        |   |   |       |   |   |                           |   |   |            |   |   |        |   |   |       |
| a                    one-for-one exchange of            |   |        |   |   |       |   |   |                           |   |   |            |   |   |        |   |   |       |
| 11,371,000                    common shares are         |   |        |   |   |       |   |   |                           |   |   |            |   |   |        |   |   |       |
| as                    follows:                          |   |        |   |   |       |   |   |                           |   |   |            |   |   |        |   |   |       |
|                                                    |   |        |   |   |       |   |   |                           |   |   |            |   |   |        |   |   |       |
| Exchange                    for 5,000,000 shares        |   |        |   |   |       |   |   | (4,502)                        |   |   |            |   |   | 4,502       |   |   | -          |
| Adjustment                    to accumulated            |   |        |   |   |       |   |   |                           |   |   |            |   |   |        |   |   |       |
| deficit                    upon merger                  |   |        |   |   |       |   |   |                           |   |   |            |   |   |        |   |   |       |
|                                                    |   |        |   |   |       |   |   |                           |   |   |            |   |   |        |   |   |       |
| Stock                    issued for the purchase of     |   | 10,000,000  |   |   | 1,000      |   |   | 102,582                        |   |   | -               |   |   | -           |   |   | 103,582    |
| research                    technology and applied      |   |        |   |   |       |   |   |                           |   |   |            |   |   |        |   |   |       |
| for                    patents for a value of $0.01 per |   |        |   |   |       |   |   |                           |   |   |            |   |   |        |   |   |       |
| share                    on July 7, 2003                |   |        |   |   |       |   |   |                           |   |   |            |   |   |        |   |   |       |
|                                                    |   |        |   |   |       |   |   |                           |   |   |            |   |   |        |   |   |       |
| Stock                    issued for cash on             |   | 1,250,000   |   |   | 125        |   |   | 12,375                         |   |   | -               |   |   | -           |   |   | 12,500     |
| July                    3, 2003 for $0.01 per share     |   |        |   |   |       |   |   |                           |   |   |            |   |   |        |   |   |       |
|                                                    |   |        |   |   |       |   |   |                           |   |   |            |   |   |        |   |   |       |
| Stock                    issued for cash on             |   | 121,000     |   |   | 12         |   |   | 6,038                          |   |   | -               |   |   | -           |   |   | 6,050      |
| July                    18, 2003 for $0.05 per share    |   |        |   |   |       |   |   |                           |   |   |            |   |   |        |   |   |       |
|                                                    |   |        |   |   |       |   |   |                           |   |   |            |   |   |        |   |   |       |
| Foreign                    currency translation         |   |        |   |   |       |   |   |                           |   |   | 871             |   |   |        |   |   | 871        |
| adjustment                                              |   |        |   |   |       |   |   |                           |   |   |            |   |   |        |   |   |       |
|                                                    |   |        |   |   |       |   |   |                           |   |   |            |   |   |        |   |   |       |
| Net                    Loss                             |   |        |   |   |       |   |   |                           |   |   |            |   |   | (153,520)   |   |   | (153,520)  |
|                                                    |   |        |   |   |       |   |   |                           |   |   |            |   |   |        |   |   |       |
| Total,                    December 31, 2003             |   | 16,371,000  |   |   | 1,637      |   |   | 118,995                        |   |   | 871             |   |   | (153,520)   |   |   | (32,017)   |
|                                                    |   |        |   |   |       |   |   |                           |   |   |            |   |   |        |   |   |       |
| Foreign                    currency translation         |   |        |   |   |       |   |   |                           |   |   | (1,432)         |   |   |        |   |   | (1,432)    |
| adjustment                                              |   |        |   |   |       |   |   |                           |   |   |            |   |   |        |   |   |       |
|                                                    |   |        |   |   |       |   |   |                           |   |   |            |   |   |        |   |   |       |
| Stock                    issued for cash on             |   | 75,000      |   |   | 8          |   |   | 14,992                         |   |   |            |   |   |        |   |   | 15,000     |
| March                    15, 2004 for $0.20 per share   |   |        |   |   |       |   |   |                           |   |   |            |   |   |        |   |   |       |
|                                                    |   |        |   |   |       |   |   |                           |   |   |            |   |   |        |   |   |       |
|                                                    |   |        |   |   |       |   |   |                           |   |   |            |   |   |        |   |   |       |
|                                                    |   |        |   |   |       |   |   |                           |   |   |            |   |   |        |   |   |       |
| Stock                    issued for cash on             |   | 500,000     |   |   | 50         |   |   | 249,950                        |   |   |            |   |   |        |   |   | 250,000    |
| July                    15, 2004 for $0.50 per share    |   |        |   |   |       |   |   |                           |   |   |            |   |   |        |   |   |       |
|                                                    |   |        |   |   |       |   |   |                           |   |   |            |   |   |        |   |   |       |
| Net                    Loss                             |   |        |   |   |       |   |   |                           |   |   |            |   |   | (184,865)   |   |   | (184,865)  |
|                                                    |   |        |   |   |       |   |   |                           |   |   |            |   |   |        |   |   |       |
| Total,                    December 31, 2004             |   | 16,946,000  |   |   | 1,695      |   |   | 383,937                        |   |   | (561)           |   |   | (338,385)   |   |   | 46,686     |
|                                                    |   |        |   |   |       |   |   |                           |   |   |            |   |   |        |   |   |       |
| Foreign                    currency translation         |   |        |   |   |       |   |   |                           |   |   | (275)           |   |   |        |   |   | (275)      |
| adjustment                                              |   |        |   |   |       |   |   |                           |   |   |            |   |   |        |   |   |       |
|                                                    |   |        |   |   |       |   |   |                           |   |   |            |   |   |        |   |   |       |
| Purchase                    of 9,331,000 shares of      |   | (9,331,000) |   |   | (933)      |   |   | (42,274)                       |   |   |            |   |   |        |   |   | (43,207)   |
| Treasury                    Stock on January 1,         |   |        |   |   |       |   |   |                           |   |   |            |   |   |        |   |   |       |
| 2005                    with property and cash          |   |        |   |   |       |   |   |                           |   |   |            |   |   |        |   |   |       |
| for                    $0.005 per share and then        |   |        |   |   |       |   |   |                           |   |   |            |   |   |        |   |   |       |
| retired                                                 |   |        |   |   |       |   |   |                           |   |   |            |   |   |        |   |   |       |
|                                                    |   |        |   |   |       |   |   |                           |   |   |            |   |   |        |   |   |       |
| Net                    Loss                             |   |        |   |   |       |   |   |                           |   |   |            |   |   | (87,059)    |   |   | (87,059)   |
|                                                    |   |        |   |   |       |   |   |                           |   |   |            |   |   |        |   |   |       |
|                                                    |   |        |   |   |       |   |   |                           |   |   |            |   |   |        |   |   |       |
| Total,                    December 31, 2005             |   | 7,615,000   |   |   | 762        |   |   | 341,663                        |   |   | (836)           |   |   | (425,443)   |   |   | (83,855)   |
|                                                    |   |        |   |   |       |   |   |                           |   |   |            |   |   |        |   |   |       |
| Foreign                    currency translation         |   |        |   |   |       |   |   |                           |   |   | 321             |   |   |        |   |   | 321        |
| adjustment                                              |   |        |   |   |       |   |   |                           |   |   |            |   |   |        |   |   |       |
|                                                    |   |        |   |   |       |   |   |                           |   |   |            |   |   |        |   |   |       |
| Net                    Income                           |   |        |   |   |       |   |   |                           |   |   |            |   |   | 83,533      |   |   | 83,533     |
|                                                    |   |        |   |   |       |   |   |                           |   |   |            |   |   |        |   |   |       |
| Total,                    June 30, 2006                 |   | 7,615,000   |   | $      | 762        |   | $      | 341,663                        |   | $      | (515)           |   | $      | (341,910)   |   | $      | -          |

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**FUTOMIC        INDUSTRIES, INC.**

**And        Subsidiary**

**(a        development stage company)**

**STATEMENTS        OF CASH FLOWS**

**For        the six months ending June 30, 2006 and 2005,**

**from        inception (June 24, 2003) through June 30, 2006**

**(unaudited)**

|                                                                       |   | **6                  MONTHS**  |   |   | **6                  MONTHS** |   |   | **FROM**                         |
|----------------------------------------------------------------------------|--------|-------------------------------------|--------|--------|-------------------------------|--------|--------|----------------------------------|
|                                                                       |   | **ENDING**                     |   |   | **ENDING**                    |   |   | **INCEPTION**                    |
| **CASH                  FLOWS FROM OPERATING ACTIVITIES**                  |   | **06/30/06**                        |   |   | **6/30/2005**                 |   |   | **TO                  06/30/06** |
|                                                                       |   |                                |   |   |                          |   |   |                             |
| Net                  income (loss)                                         | $      | 83,533                              |   | $      | (57,331)                      |   | $      | (341,910)                        |
|                                                                       |   |                                |   |   |                          |   |   |                             |
| Foreign                  currency translation adjustment                   |   | 319                                 |   |   | 76                            |   |   | (517)                            |
| Depreciation                                                               |   | -                                   |   |   | (824)                         |   |   | -                                |
| (Increase)                  Decrease in Deposits                           |   | 1,070                               |   |   | (170)                         |   |   | -                                |
| Increase                  (Decrease) in Accounts Payable                   |   | (3,625)                             |   |   | (7,084)                       |   |   | -                                |
| Increase                  (Decrease) in Wages Payable                      |   | (18,711)                            |   |   | (13,000)                      |   |   | -                                |
|                                                                       |   |                                |   |   |                          |   |   |                             |
| Total                  adjustments to net income                           |   | (20,947)                            |   |   | (21,001)                      |   |   | (517)                            |
|                                                                       |   |                                |   |   |                          |   |   |                             |
| Net                  cash provided by (used in) operating activities       |   | 62,586                              |   |   | (78,332)                      |   |   | (342,427)                        |
|                                                                       |   |                                |   |   |                          |   |   |                             |
| **CASH                  FLOWS FROM INVESTING ACTIVITIES**                  |   |                                |   |   |                          |   |   |                             |
|                                                                       |   |                                |   |   |                          |   |   |                             |
| Cash                  received for fixed assets                            |   | 2,689                               |   |   | 9,103                         |   |   | -                                |
|                                                                       |   |                                |   |   |                          |   |   |                             |
| Net                  cash flows provided by (used in) investing activities |   | 2,689                               |   |   | 9,103                         |   |   | -                                |
|                                                                       |   |                                |   |   |                          |   |   |                             |
|                                                                       |   |                                |   |   |                          |   |   |                             |
| **CASH                  FLOWS FROM FINANCING ACTIVITIES**                  |   |                                |   |   |                          |   |   |                             |
|                                                                       |   |                                |   |   |                          |   |   |                             |
| Cash                  paid to shareholder                                  |   | (95,940                             | )      |   | (1,320)                       |   |   | -                                |
| Proceeds                  from stock issuance                              |   | -                                   |   |   | -                             |   |   | 341,663                          |
| Purchase                  of Capital Stock                                 |   |                                |   |   |                          |   |   | 764                              |
| Purchase                  of Treasury Stock                                |   | -                                   |   |   | (43,208)                      |   |   | -                                |
|                                                                       |   |                                |   |   |                          |   |   |                             |
| Net                  cash provided by (used in) financing activities       |   | (95,940)                            |   |   | (44,527)                      |   |   | 342,427                          |
|                                                                       |   |                                |   |   |                          |   |   |                             |
| **CASH                  RECONCILIATION**                                   |   |                                |   |   |                          |   |   |                             |
|                                                                       |   |                                |   |   |                          |   |   |                             |
| Net                  increase (decrease) in cash                           |   | (30,665)                            |   |   | (113,756)                     |   |   | (0)                              |
| Cash                  - beginning balance                                  |   | 30,665                              |   |   | 114,741                       |   |   | -                                |
|                                                                       |   |                                |   |   |                          |   |   |                             |
| **CASH                  BALANCE - END OF PERIOD**                          | $      | 0                                   |   | $      | 985                           |   | $      | (0)                              |

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FUTOMIC        INDUSTRIES INC.

**-        **

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FUTOMIC          INDUSTRIES INC.

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FUTOMIC            INDUSTRIES INC.

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FUTOMIC            INDUSTRIES INC.

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FUTOMIC          INDUSTRIES INC.

| 2023  | $      | 153,520 |
|------------|--------|---------|
| 2024  |   | 184,865 |
| 2025       |   | 87,059  |
| 2026       |   |  0 |

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**Item      2.     Plan of      Operation**

**Forward-Looking      Statements**

**Business      Development**

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**Business      Description**

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**Results      of Operations for the three and six months ended June 30, 2006 and      2005**

**Liquidity      and Capital Resources**

**Off      Balance Sheet Arrangements **

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**Item      3.     Controls and Procedures**

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**PART      II - OTHER INFORMATION**

**Item      1.     Legal      Proceedings**

**Item      2.     Unregistered Sales of Equity      Securities and Use of Proceeds**

**Item      3.     Defaults upon Senior      Securities**

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

**Item      5.     Other      Information**

**Item      6.      Exhibits**

| **Exhibit****Number** | **Description                of Exhibit**                                                                                                                                                                                                                |
|-----------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 31.1                  | Certification                of Chief Executive Officer pursuant to 18                U.S.C. Section 1350, as adopted pursuant to Section 302 of the                Sarbanes-Oxley Act of 2002                                                           |
| 31.2                  | Certification                of Chief Financial Officer pursuant to 18                U.S.C. Section 1350, as adopted pursuant to Section 302 of the                Sarbanes-Oxley Act of 2002                                                           |
| 32.1                  | Certification                of 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 |

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**SIGNATURES**

|   | **Futomic                Industries, Inc.**                                                                                                                                                                                                                                                                                                                                                             |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |                                                                                                                                                                                                                                                                                                                                                                                                    |
| Date:  | August                14, 2006                                                                                                                                                                                                                                                                                                                                                                          |
|   |                                                                                                                                                                                                                                                                                                                                                                                                    |
|   |     By:                          /s/                Francisco Schipperheijn    Mr.                Francisco SchipperheijnTitle:**    Chief                Executive Officer and                Director** |