**FORM        10-QSB**

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

**GYK        Ventures Inc.**

**PART        I: FINANCIAL INFORMATION**

**Item        1. Financial Statements. **

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**GYK        Ventures, Inc.**

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**GYK          Ventures, Inc.**

|                                                                                         |  June                  30, |       | December                      31, |   |         |   |
|----------------------------------------------------------------------------------------------|---------------------------------|------------|-----------------------------------|--------|--------------|--------|
|                                                                                         |  2005                      |       | 2004                              |   |         |   |
| **ASSETS**                                                                                   | (Unaudited)                     |       |                         |   |    |   |
|                                                                                         |                            |       |                              |   |         |   |
| Total                    Assets                                                              | $                               | -          |                              | $      | -            |   |
|                                                                                         |                            |       |                              |   |         |   |
|                                                                                         |                            |       |                              |   |         |   |
| **LIABILITIES                    AND STOCKHOLDERS' EQUITY**                                  |                            |       |                              |   |         |   |
|                                                                                         |                            |       |                              |   |         |   |
| Current                    Liabilities                                                       |                            |       |                              |   |         |   |
| Accounts                    Payable                                                          | $                               | -          |                              | $      | -            |   |
| Accounts                    Payable - related party                                          |                            | -          |                              |   | -            |   |
| Notes                    Payable - Related Party                                             |                            | 50,926     |                              |   | 285,499      |   |
|                                                                                         |                            |       |                              |   |         |   |
| Total                    Current Liabilities                                                 |                            | 50,926     |                              |   | 285,499      |   |
|                                                                                         |                            |       |                              |   |         |   |
|                                                                                         |                            |       |                              |   |         |   |
| Total                    Liabilities                                                         |                            | 50,926     |                              |   | 285,499      |   |
|                                                                                         |                            |       |                              |   |         |   |
| Stockholders'                    Equity                                                      |                            |       |                              |   |         |   |
| Common                    Stock, Authorized 100,000,000 Shares of $.001 Par Value,           |                            |       |                              |   |         |   |
| 97,225,892 and                    44,751,686 shares issued and outstanding respectively |                            | 97,226     |                              |   | 44,752       |   |
| Additional                    Paid in Capital                                                |                            | 2,542,914  |                              |   | 1,598,378    |   |
| Accumulated                    Deficit                                                       |                            | (2,691,066 | )                                 |   | (1,928,629   | )      |
|                                                                                         |                            |       |                              |   |         |   |
| Total                    Stockholders' Equity                                                |                            | (50,926    | )                                 |   | (285,499     | )      |
|                                                                                         |                            |       |                              |   |         |   |
| Total                    Liabilities and Stockholders' Equity                                | $                               | -          |                              | $      | -            |   |

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**GYK          Ventures, Inc.**

|                                                   |   |   | For                    the six   |   |   |   | For                    the six  |   |   | For                    the three |   |   | For                    the three |   |   | From                    Inception       |   |
|--------------------------------------------------------|--------|--------|---------------------------------------|--------|--------|--------|---------------------------------|--------|--------|----------------------------------|--------|--------|----------------------------------|--------|--------|-----------------------------------------|--------|
|                                                   |   |   | months                    ended  |   |   |   | months                    ended |   |   | months                    ended  |   |   | months                    ended  |   |   | on                    December 10, 1998 |   |
|                                                   |   |   | June                    30,      |   |   |   | June                    30,     |   |   | June                    30,      |   |   | June                    30,      |   |   | through                    June 30,     |   |
|                                                   |   |   | 2005                                  |   |   |   | 2004                            |   |   | 2005                             |   |   | 2004                             |   |   | 2005                                    |   |
|                                                   |   |   |                                  |   |   |   |                            |   |   |                             |   |   |                             |   |   |                                    |   |
| Revenues                                               |   | $      | -                                     |   |   | $      | -                               |   | $      | -                                |   | $      | -                                |   | $      | -                                       |   |
|                                                   |   |   |                                  |   |   |   |                            |   |   |                             |   |   |                             |   |   |                                    |   |
| Operating                    Expenses                  |   |   |                                  |   |   |   |                            |   |   |                             |   |   |                             |   |   |                                    |   |
| General                    & Administrative        |   |   | 762,436                               |   |   |   | 38,335                          |   |   | 755,067                          |   |   | 9,236                            |   |   | 2,688,207                               |   |
|                                                   |   |   |                                  |   |   |   |                            |   |   |                             |   |   |                             |   |   |                                    |   |
| Total                    Operating Expenses            |   |   | 762,436                               |   |   |   | 38,335                          |   |   | 755,067                          |   |   | 9,236                            |   |   | 2,688,207                               |   |
|                                                   |   |   |                                  |   |   |   |                            |   |   |                             |   |   |                             |   |   |                                    |   |
| Operating                    Income (Loss)             |   |   | (762,436                              | )      |   |   | (38,335                         | )      |   | (755,067                         | )      |   | (9,236                           | )      |   | (2,688,207                              | )      |
|                                                   |   |   |                                  |   |   |   |                            |   |   |                             |   |   |                             |   |   |                                    |   |
| (Loss)                    from Investment              |   |   | -                                     |   |   |   | -                               |   |   | -                                |   |   | -                                |   |   | (12,108                                 | )      |
| Gain                    on Settlement of debt          |   |   | -                                     |   |   |   | -                               |   |   | -                                |   |   | -                                |   |   | 9,249                                   |   |
|                                                   |   |   |                                  |   |   |   |                            |   |   |                             |   |   |                             |   |   |                                    |   |
| Net                    (loss) from operations          |   |   | (762,436                              | )      |   |   | (38,335                         | )      |   | (755,067                         | )      |   | (9,236                           | )      |   | (2,691,066                              | )      |
|                                                   |   |   |                                  |   |   |   |                            |   |   |                             |   |   |                             |   |   |                                    |   |
| Other                    Income (Expense)              |   |   |                                  |   |   |   |                            |   |   |                             |   |   |                             |   |   |                                    |   |
| Miscellaneous                    Income                |   |   | -                                     |   |   |   | -                               |   |   | -                                |   |   | -                                |   |   | -                                       |   |
| Interest                    Expense                    |   |   | -                                     |   |   |   | -                               |   |   | -                                |   |   | -                                |   |   | -                                       |   |
|                                                   |   |   |                                  |   |   |   |                            |   |   |                             |   |   |                             |   |   |                                    |   |
| Total                    Other Income (Expense)        |   |   | -                                     |   |   |   | -                               |   |   | -                                |   |   | -                                |   |   | -                                       |   |
|                                                   |   |   |                                  |   |   |   |                            |   |   |                             |   |   |                             |   |   |                                    |   |
| Net                    Income (Loss)                   |   | $      | (762,436                              | )      |   | $      | (38,335                         | )      | $      | (755,067                         | )      | $      | (9,236                           | )      | $      | (2,691,066                              | )      |
|                                                   |   |   |                                  |   |   |   |                            |   |   |                             |   |   |                             |   |   |                                    |   |
| Net                    Income (Loss) Per Share         |   | $      | (0.02                                 | )      |   | $      | (0.00                           | )      | $      | (0.02                            | )      | $      | (0.00                            | )      | $      | (0.16                                   | )      |
|                                                   |   |   |                                  |   |   |   |                            |   |   |                             |   |   |                             |   |   |                                    |   |
| Weighted                    Average Shares Outstanding |   |   | 44,751,686                            |   |   |   | 44,751,686                      |   |   | 44,751,686                       |   |   | 44,751,686                       |   |   | 17,181,156                              |   |

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**GYK          Ventures, Inc.**

|                                                                            |   | For                    the Six Months Ended |                              | From                    Inception |                                    |
|---------------------------------------------------------------------------------|--------|---------------------------------------------|-----------------------------------|-----------------------------------|-----------------------------------------|
|                                                                            |   |                                        | June                    30,  |                              | on                    December 10, 1998 |
|                                                                            |   |                                        |                              |                              |                                    |   |   |  Through                    March 31,  |
|                                                                            |   |                                        | 2005                              |                              |                                    | 2004 |   |   | 2005 |   |
|                                                                            |   |                                        |                              |                              |                                    |   |   |   |   |   |
| Cash                    Flows from Operating Activities                         |   |                                        |                              |                              |                                    |   |   |   |   |   |
|                                                                            |   |                                        |                              |                              |                                    |   |   |   |   |   |
| Net                    Income (Loss)                                            |   | $                                           | (762,436                          | )                                 | $                                       | (38,335 | ) | $ | (2,691,066 | ) |
| Adjustments                    to Reconcile Net Loss to Net Cash                |   |                                        |                              |                              |                                    |   |   |   |   |   |
| Provided                    by Operations:                                      |   |                                        |                              |                              |                                    |   |   |   |   |   |
| Loss                    on sale of securities                                   |   |                                        | -                                 |                              |                                    | - |   |   | 12,108 |   |
| Stock                    Issued for Services                                    |   |                                        | 997,010                           |                              |                                    | 245 |   |   | 2,478,010 |   |
| Loss                    on settlement of notes receivable                       |   |                                        | -                                 |                              |                                    | - |   |   | (9,249 | ) |
| Change                    in Assets and Liabilities                             |   |                                        | -                                 |                              |                                    | - |   |   | 245 |   |
| Increase                    (Decrease) in Accounts Payable and Accrued Expenses |   |                                        | (234,574                          | )                                 |                                    | 38,090 |   |   | (29,228 | ) |
|                                                                            |   |                                        |                              |                              |                                    |   |   |   |   |   |
| Net                    Cash Provided(Used) by Operating Activities              |   |                                        | -                                 |                              |                                    | - |   |   | (239,180 | ) |
|                                                                            |   |                                        |                              |                              |                                    |   |   |   |   |   |
| Cash                    Flows from Investing Activities                         |   |                                        |                              |                              |                                    |   |   |   |   |   |
| Payment                    for notes receivable                                 |   |                                        |                              |                              |                                    | - |   |   | (3,351 | ) |
| Cash                    paid for investments                                    |   |                                        | -                                 |                              |                                    | - |   |   | 492 |   |
|                                                                            |   |                                        |                              |                              |                                    |   |   |   |   |   |
| Net                    Cash Provided (Used) by Investing Activities             |   |                                        | -                                 |                              |                                    | - |   |   | (2,859 | ) |
|                                                                            |   |                                        |                              |                              |                                    |   |   |   |   |   |
| Cash                    Flows from Financing Activities                         |   |                                        |                              |                              |                                    |   |   |   |   |   |
|                                                                            |   |                                        |                              |                              |                                    |   |   |   |   |   |
| Capital                    contribution                                         |   |                                        | -                                 |                              |                                    | - |   |   | 1,400 |   |
| Issued                    common stock for cash                                 |   |                                        | -                                 |                              |                                    | - |   |   | 37,800 |   |
| Proceeds                    from officer                                        |   |                                        | -                                 |                              |                                    | - |   |   | 201,839 |   |
| Proceeds                    from subscription receivable                        |   |                                        | -                                 |                              |                                    | - |   |   | 1,000 |   |
|                                                                            |   |                                        |                              |                              |                                    |   |   |   |   |   |
| Net                    Cash Provided(Used) by Financing Activities              |   |                                        | -                                 |                              |                                    | - |   |   | 242,039 |   |
|                                                                            |   |                                        |                              |                              |                                    |   |   |   |   |   |
| Increase                    (Decrease) in Cash                                  |   |                                        | -                                 |                              |                                    | - |   |   | - |   |
|                                                                            |   |                                        |                              |                              |                                    |   |   |   |   |   |
| Cash                    and Cash Equivalents at Beginning of Period             |   |                                        | -                                 |                              |                                    | - |   |   | - |   |
|                                                                            |   |                                        |                              |                              |                                    |   |   |   |   |   |
| Cash                    and Cash Equivalents at End of Period                   |   |                                        | -                                 |                              |                                    | - |   | $ | - |   |
|                                                                            |   |                                        |                              |                              |                                    |   |   |   |   |   |
| Cash                    Paid For:                                               |   |                                        |                              |                              |                                    |   |   |   |   |   |
| Interest                                                                        |   | $                                           | -                                 |                              | $                                       | - |   | $ | - |   |
| Income                    Taxes                                                 |   |                                        |                              |                              | $                                       | $                    - |   | $ | - |   |
|                                                                            |   |                                        |                              |                              |                                    |   |   |   |   |   |
| NonCash                    Activities:                                          |   |                                        |                              |                              |                                    |   |   |   |   |   |
| Stock                    issued for services                                    |   | $                                           | -                                 |                              | $                                       | - |   | $ | 1,483,000 |   |

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**GYK        Ventures, Inc.**

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**Item          2. Discussion and Analysis or Plan of Operation. **

**(a)          Plan of Operation. **

**Cash          Requirements and of Need for additional funds: twelve          months**

**Cautionary          Statement:**

**(b)          Discussion and Analysis of Financial Condition and Results of          Operations**
**.          **

**PART          II: OTHER INFORMATION**

**Item          1. Legal Proceedings. **

**Item          2. Changes in Securities. **

**Item          3. Defaults on Senior Securities. **

**Item          4. Submission of Matters to Vote of Security Holders**
*Diatom          Corporation.*

**Item          5. Other Information**

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

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**SIGNATURES**

***GYK          Ventures Inc.***

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**Exhibit          31**

**Section          302 Certification**

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**CERTIFICATIONS          Pursuant to Section 302**

*GYK          Ventures, Inc.*

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**Exhibit          32**

**CERTIFICATION          PURSUANT TO 18 USC SECTION 1350**

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**CERTIFICATION          PURSUANT TO 18 U.S.C. SECTION 1350, **

**AS          ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF          2002**

*GYK          Ventures, Inc.*

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