UNITED STATES
                       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 JUNE 30, 2006

                                       OR

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

      For the transition period from _______ to ________.

      Commission File Number 0-31357

                            EPIC CAPITAL GROUP, INC.

         Colorado                                       94-3363969
---------------------------                    ------------------------------
State or other jurisdiction                 (I.R.S.) Employer Identification No.
 of incorporation

                             21 Waterway, Suite 300
                             The Woodlands, TX 77380
                         -----------------------------
                     Address of principal executive offices

                                 (281) 362-2730
                       ---------------------------------
               Registrant's telephone number, including area code

                            1240 India Street, #1907
                               San Diego, CA 92101
                           -------------------------
          Former name and former address of principal executive offices

Check whether the issuer: (1) filed all reports required to be filed by Section
13 or 15 (d) of the Securities Exchange Act of 1934 during the proceeding 12
months (or for such shorter period that the registrant was required to file such
reports), and (2) has been subject to such filing requirements for the past 90
days.
                           Yes   [x]       No  [ ]

Indicate by check mark whether the registrant is a shell company (as defined in
Rule 12b-2 of the Exchange Act):

            Yes                           No    X
                  ------------               -------


As of August 10, 2006, the Company had 49,260,000 outstanding shares of common
stock.


<PAGE>



                            EPIC Capital Group, Inc.
                          (A Development Stage Company)

                              FINANCIAL STATEMENTS

                                  June 30, 2006


<PAGE>

                            EPIC Capital Group, Inc.
                          (A Development Stage Company)
                                  BALANCE SHEET
                                  June 30, 2006
                                   (Unaudited)

         ASSETS

CURRENT ASSETS
   Cash and cash equivalents                                        $ 197,452
                                                                    ---------

      Total current assets                                            197,452
                                                                    ---------

   TOTAL ASSETS                                                     $ 197,452
                                                                    =========


         LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES
         Note payable to shareholder                                $ 300,000
                                                                     --------

      Total current liabilities                                       300,000
                                                                    ---------


STOCKHOLDERS' DEFICIT
   Preferred stock, no par value; 10,000,000 shares
      authorized; no shares issued and outstanding                          -
   Common stock, no par value; 100,000,000 shares
      authorized; 49,260,000 shares issued and outstanding
      at June 30, 2006                                                 68,440
   Additional paid-in capital                                          31,712
   Deficit accumulated during the development stage                  (202,700)
                                                                    ---------

      Total stockholders' deficit                                    (102,548)
                                                                    ----------

   TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT                      $ 197,452
                                                                    =========


                                       F-1

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


<PAGE>

                            EPIC Capital Group, Inc.
                          (A Development Stage Company)
               STATEMENTS OF OPERATIONS AND ACCUMULATED DEFICIT
                                   (Unaudited)

<TABLE>
<S>                                  <C>        <C>       <C>        <C>         <C>

                                                                           For the period
                                     For the three        For the six      from inception
                                      months ended        months ended     (April 10, 2000)
                                        June 30,             June 30,            to
                                    2006        2005     2006        2005   June 30, 2006
                                    ----        ----     ----        ----   --------------

REVENUE                           $      -    $     -   $      -    $     -     $       -

OPERATING EXPENSES

   General and administrative
    expenses                       103,086      6,215    105,357      12,404      203,669
                                 ---------    --------  ---------   ---------   ----------
LOSS FROM OPERATIONS              (103,086)    (6,215)  (105,357)    (12,404)    (203,669)

OTHER INCOME (EXPENSE)

   Interest income                     969          -        969           -          969
                                 ---------    --------  ---------   ---------   ----------
NET LOSS                          (102,117)    (6,215)  (104,388)    (12,404)    (202,700)

Accumulated deficit
  Balance, beginning of period    (100,583)    (84,501)  (98,312)    (78,312)           -
                                 ---------    --------  ---------   ---------   ----------

   Balance, end of period       $ (202,700)   $(90,716) $(202,700)  $(90,716)  $ (202,700)
                                 =========    ========  ==========  =========   ==========

NET LOSS PER SHARE              $     (NIL)   $   (NIL) $   (0.01)  $   (NIL)  $    (0.06)
                                 =========    ========  ==========  =========   ==========

WEIGHTED AVERAGE NUMBER
   OF SHARES OUTSTANDING         47,325,934  3,271,050  26,409,171  5,260,000    4,094,507
                                 ==========  =========  ========== ==========   ==========

</TABLE>


                                       F-2

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


<PAGE>

                            EPIC Capital Group, Inc.
                          (A Development Stage Company)
                            STATEMENTS OF CASH FLOWS
                                   (Unaudited)

<TABLE>
<S>                                        <C>              <C>                <C>

                                                                         For the period
                                                                         from inception
                                       For the six      For the six     (April 10, 2000)
                                       months ended     months ended           to
                                      June 30, 2006    June 30, 2005      June 30, 2006
                                      -------------    -------------     --------------

CASH FLOWS FROM OPERATING
 ACTIVITIES
  Net loss                            $   (104,388)    $    (12,404)     $   (202,700)
   Adjustments to reconcile net loss
    to net cash flows from
    operating activities
   Increase(Decrease) in
    accounts payable                         3,621            5,208
   Common stock issued
    for compensation                             -                -             5,000
                                      -------------    -------------     -------------
     Net cash flows from operating
      activities                          (108,009)          (7,196)         (197,700)

CASH FLOWS FROM INVESTING
   ACTIVITIES                                    -                -                 -

CASH FLOWS FROM FINANCING
   ACTIVITIES
      Loans from shareholders              300,000                -           300,000
      Proceeds from the issuance of
         common stock                          440                -            63,440
      Expenses paid by shareholders          5,021            7,196            31,712
                                      -------------    -------------     -------------
      Net cash flows from financing
       activities                          305,461            7,196           395,152

NET INCREASE (DECREASE) IN CASH
   AND CASH EQUIVALENTS                    197,452                -           197,452

CASH AND CASH EQUIVALENTS,
   BEGINNING OF PERIOD                           -                -                 -
                                      -------------    -------------     -------------
CASH AND CASH EQUIVALENTS,
   END OF PERIOD                      $    197,452     $          -      $    197,452
                                      =============    =============     =============

</TABLE>


                                       F-3

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


<PAGE>

                            EPIC Capital Group, Inc.
                          (A Development Stage Company)
                          NOTES TO FINANCIAL STATEMENTS
                                  June 30, 2006

Note 1 - Management's Representation of Interim Financial Information

The accompanying financial statements have been prepared by EPIC Capital Group,
Inc. without audit pursuant to the rules and regulations of the Securities and
Exchange Commission. Certain information and footnote disclosures normally
included in financial statements prepared in accordance with generally accepted
accounting principles have been condensed or omitted as allowed by such rules
and regulations, and management believes that the disclosures are adequate to
make the information presented not misleading. These financial statements
include all of the adjustments which, in the opinion of management, are
necessary to a fair presentation of financial position and results of
operations. All such adjustments are of a normal and recurring nature. These
financial statements should be read in conjunction with the audited financial
statements at December 31, 2005.

Note 2 - Summary of Significant Accounting Policies

Development Stage Activities

EPIC Capital Group, Inc. entered the development stage in accordance with
Financial Accounting Standards Board Statements of Financial Accounting
Standards (SFAS) No. 7, "Accounting and Reporting by Development Stage
Enterprises" in 2000, upon commencement of activities. The Company's original
business plan was to operate as a mortgage banking and brokerage company over
the Internet. In 2004, the Company changed its focus to that of a "blank check"
company, whose purpose is to serve as a capital access corporation, which will
seek out and acquire an operating company.

Use of Estimates

The preparation of the financial statements in conformity with generally
accepted accounting principles requires management to make estimates and
assumptions that affect the reported amounts of assets, liabilities, and
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.

Cash Equivalents

For the purposes of the statements of cash flows, the Company considers all
highly liquid debt instruments purchased with an original maturity of three
months or less to be cash equivalents.

                                      F-4

<PAGE>


                            EPIC Capital Group, Inc.
                          (A Development Stage Company)
                          NOTES TO FINANCIAL STATEMENTS
                                  June 30, 2006

Note 2 - Summary of Significant Accounting Policies (continued)

Income Taxes
------------

The Company accounts for income taxes in accordance with SFAS No. 109 -
Accounting for Income Taxes. Deferred tax assets and liabilities are recognized
with respect to the tax consequences attributable to differences between the
financial statement carrying values and tax basis of existing assets and
liabilities. Deferred tax assets and liabilities are measured using enacted tax
rates expected to apply to taxable income in the years in which these temporary
differences are expected to be recovered or settled. Further, the effect on
deferred tax assets and liabilities of changes in tax rates is recognized in
income in the period that includes the enactment date.

Earnings (loss) per Share
-------------------------

The Company reports loss per share using a dual presentation of basic and
diluted loss per share. Basic loss per share excludes the impact of common stock
equivalents. Diluted loss per share utilizes the average market price per share
when applying the treasury stock method in determining common stock equivalents.
However, the Company has a simple capital structure for the period presented
and, therefore, there is no variance between the basic and diluted loss per
share.

Fair Value of Financial Instruments
-----------------------------------

SFAS 107, "Disclosure About Fair Value of Financial Instruments," requires
certain disclosures regarding the fair value of financial instruments. The
Company has no financial instruments in the accompanying financial statements.

Stock-Based Compensation
------------------------

In December 2004 the FASB issued a revised Statement 123 (SFAS 123R),
"Accounting for Stock-Based Compensation" requiring public entities to measure
the cost of employee services received in exchange for an award of equity
instruments based on grant date fair value. The cost will be recognized over the
period during which an employee is required to provide service in exchange for
the award -- usually the vesting period.


                                      F-5

<PAGE>


                            EPIC Capital Group, Inc.
                          (A Development Stage Company)
                    NOTES TO FINANCIAL STATEMENTS (continued)
                                  June 30, 2006

Note 2 - Summary of Significant Accounting Policies (continued)

Accounting Changes and Error Corrections
----------------------------------------

In May 2005, the FASB issued SFAS No. 154, "Accounting Changes and Error
Corrections" ("SFAS 154") which replaces Accounting Principles Board Opinions
No. 20 "Accounting Changes" and SFAS No. 3, "Reporting Accounting Changes in
Interim Financial Statements-An Amendment of APB Opinion No. 28." SFAS 154
provides guidance on the accounting for and reporting of accounting changes and
error corrections. It establishes retrospective application, or the latest
practicable date, as the required method for reporting a change in accounting
principle and the reporting of a correction of an error. SFAS 154 is effective
for accounting changes and a correction of errors made in fiscal years beginning
after December 15, 2005 and is required to be adopted by the Company in the
first quarter of 2006. The adoption of this new Statement is not expected to
have a material effect on the Company's current financial position, results or
operations, or cash flows.

Note 3 - Stockholder's Equity

On April 4, 2006, the Company signed an agreement for the sale of 44,000,000
shares of common stock to five individuals for an aggregate price of $440. Mark
W. Moniak, the Company's President and only director, appointed Rex Doyle, John
Ippolito and David Reynolds as directors of the Company. Following these
appointments Mr. Moniak, resigned as an officer and director of the Company. The
Company's new directors then appointed the following persons to be officers of
the Company:

            Name               Position
            ----               --------
            Rex Doyle          Chief Executive and Principal Financial Officer
            John Ippolito      President
            David Reynolds     Executive Vice President and Secretary

Note 4 - Change in the Company's Name

On May 15, 2006 the shareholders of the Company approved an amendment to the
Company's Articles of Incorporation which changed the name of the Company to
Epic Capital Group, Inc.

Prior to the adoption of this amendment the Company's name was San Juan
Financial, Inc.


                                      F-6

<PAGE>



2



ITEM 2.    MANAGEMENTS  DISCUSSION  AND ANALYSIS OF FINANCIAL  CONDITION  AND
           PLAN OF OPERATION

      The Company was incorporated in Colorado on June 6, 1989. Following its
formation the Company was inactive until April 2000, when the Company decided to
become involved in the mortgage business. The Company planned to generate
mortgage loans, sell the loans to financial institutions and service the loans
on behalf of the financial institutions. During the nine months ended September
30, 2001 the Company discontinued its efforts to become involved in the mortgage
business and until April 4, 2006 was engaged primarily in the evaluation of
acquisition targets and the filing of periodic reports with the SEC.

      On March 11, 2005 the shareholders of the Company approved a 1-for-20
forward split of the Company's common stock. Unless otherwise indicated, all per
share data in this Private Offering Memorandum has been revised to reflect this
forward stock split.

     On April 4, 2006, the Company sold 44,000,000 shares of its common stock to
five persons, including the Company's new management.

     On May 15, 2006 the shareholders of the Company:

          o    approved  amendments to the Company's  Articles of  Incorporation
               which changed the Company's name to Epic Capital Group, Inc., and
          o    changed the Company's  authorized  capitalization  to 100,000,000
               shares of common stock and 10,000,000 shares of preferred stock.

      The Company plans to have three divisions which will operate in the
following areas:

o    Oil and Gas  Exploration  and  Development  - This  division  will evaluate
     undeveloped oil and gas prospects and participate in drilling activities on
     prospects  which  in the  opinion  of  management  are  favorable  for  the
     production of oil or gas.
o    Engineering  and  Construction  Management  - This  division  will  provide
     services  to optimize  drilling,  completion,  field level work  processes,
     physical plant  construction,  processing and  transportation.  The Company
     considers the integration of construction,  operations, and financing to be
     critical for older fields with outdated  systems and for new projects which
     lack an experienced  team of  professionals  dedicated to the project.  The
     Company  estimates  that this  division  will  require  the  services of 75
     professionals.
o    Engineering  Staffing - This division  will provide to the  industry,  on a
     contract  basis,  both short term and long term,  experienced  and  skilled
     engineers,  geologists, and other technicians.  The availability of skilled
     professionals is quickly becoming the limiting resource for the oil and gas
     industry.Both  large  and  small  oil and gas  companies  do not  have  the
     available human talent to analyze,  plan, engineer and execute projects. Of
     concern is the  growing  number of college  graduates  who opt for  careers
     outside  the  oil  and  gas  industry.   Enrollment  in  petroleum  related
     disciplines  at major  U.S.  universities  has  only  recently  started  to
     increase but is not near the enrollment of the 1980's.  In most oil and gas
     companies,  the average age  continues to climb  toward 50 years old,  with
     some studies estimating that less than 30% of the workforce is younger than
     40 years old. The Company  intends to address this talent shortage with its
     Engineering  Staffing  division.  The Company  estimates that this division
     will require the services of 20 professionals.


<PAGE>

      The Company estimates that it will need $2,000,000 to establish its
Engineering and Construction Management division and $2,000,000 to establish its
Engineering Staffing division.

      During the six months ended June 30, 2006 the Company did not generate any
revenue and had a loss of $(104,388).

      During the six months ended June 30, 2006 the Company's operations used
$(108,009) in cash. During this period capital was provided primarily through
loans from shareholders of the Company.

      As of August 10, 2006 the Company:

     o    was negotiating to acquire two engineering and construction management
          firms and one engineering staffing firm.
     o    had signed an agreement  with a major energy  services  corporation to
          provide the Company, on an as needed basis, with production engineers,
          facilities engineers and procurement managers.
     o    was working with a major investment bank to obtain financing needed to
          acquire producing oil and gas wells in Texas.
     o    was  negotiating  to acquire  producing and shut-in oil and gas wells,
          together with undeveloped acreage, in Kansas and Oklahoma.

      The Company's future activities will depend upon available funding.

ITEM 3. CONTROLS AND PROCEDURES

      Rex Doyle, the Company's Chief Executive and Principal Financial Officer,
has evaluated the effectiveness of the Company's disclosure controls and
procedures (as defined in Rule 13a-15(e) of the Securities Exchange Act of 1934)
as of the end of the period covered by this report, and in his opinion the
Company's disclosure controls and procedures are effective. There were no
changes in the Company's internal controls over financial reporting that
occurred during the fiscal quarter that have materially affected, or are
reasonably likely to materially affect, the Company's internal control over
financial reporting.

                                       2

<PAGE>


                                     PART II
                                OTHER INFORMATION

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

      A special meeting of the Company's shareholders was held on May 15, 2006.

      At the meeting the following proposals were ratified by the shareholders:

        1.  An amendment to the Company's Articles of Incorporation which
            changed the Company's name to Epic Capital group, Inc.

        2.  An amendment to the Company's Articles of Incorporation which
            changed the Company's authorized capitalization to 100,000,000
            shares of common stock and 10,000,000 shares of preferred stock.

      The following is a tabulation of votes cast with respect to these
proposals.

                                     Votes
                        ----------------------------------          Broker
      Proposal            For        Against      Abstain         Non-Votes
      --------            ---        -------      -------         ---------

        1.            48,000,000        -0-     1,260,000
        2.            48,000,000        -0-     1,260,000

Item 6.  Exhibits
         --------

(a)   Exhibits

            Number        Exhibit
            ------        -------

            31            Rule 13a-14(a) Certifications

            32            Section 1350 Certifications











                                       3


<PAGE>

                                   SIGNATURES

      In accordance with Section 13 or 15(d) of the Exchange Act, the registrant
caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized on August 11, 2006.

                                          SAN JUAN FINANCIAL, INC.



                                          By:   /s/ Rex Doyle
                                                ------------------------------

                                               Rex Doyle, Chief Executive
                                               Officer and Principal
                                               Financial and Accounting
                                               Officer