**UNITED      STATES SECURITIES AND EXCHANGE COMMISSION**

**Washington,      D.C. 20549**

**FORM      10-QSB**

**Commission      File Number 333-79405**

**TACTICAL      AIR DEFENSE SERVICES, INC.**

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**TABLE      OF CONTENTS**

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**PART      1. FINANCIAL INFORMATION**

**Item      1. Financial Statements**

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**Tactical      Air Defense Services, Inc.**

**(formerly      Natalma Industries, Inc.)**

**(A      Development Stage Company)**

**30      September 2006**

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**Tactical      Air Defense Services, Inc.**

**(formerly      Natalma Industries, Inc.)**

**(A      Development Stage Company)**

|                                                                                          |   | **As                at 30 September 2006** |   | **As                at 31 December 2005****(Audited)** |
|-----------------------------------------------------------------------------------------------|--------|--------------------------------------------|--------|--------------------------------------------------------|
|                                                                                          |   | **$**                                      |   | **$**                                                  |
|                                                                                          |   |                                       |   |                                                   |
| **Assets**                                                                                    |   |                                       |   |                                                   |
|                                                                                          |   |                                       |   |                                                   |
| **Current**                                                                                   |   |                                       |   |                                                   |
| Cash                and cash equivalents                                                      |   | 185,111                                    |   | 210,482                                                |
|                                                                                          |   |                                       |   |                                                   |
| **Liabilities**                                                                               |   |                                       |   |                                                   |
|                                                                                          |   |                                       |   |                                                   |
| **Current**                                                                                   |   |                                       |   |                                                   |
| Accounts                payable and accrued liabilities (Note 3)                              |   | 2,350                                      |   | 6,675                                                  |
|                                                                                          |   |                                       |   |                                                   |
| **Stockholders’                equity**                                                 |   |                                       |   |                                                   |
| **Capital                stock**(Note                4)                                       |   |                                       |   |                                                   |
| Authorized                                                                                    |   |                                       |   |                                                   |
| 30                September 2006 - 350,000,000 common shares, par value                $0.001 |   |                                       |   |                                                   |
| 31                December 2005 - 100,000,000 common shares, par value                $0.001  |   |                                       |   |                                                   |
| Issued                and outstanding                                                         |   |                                       |   |                                                   |
| 30                September 2006 - 3,925,855 common shares, par value $0.001                  |   |                                       |   |                                                   |
| 31                December 2005 - 3,925,855 common shares, par value $0.001                   |   | 3,926                                      |   | 3,926                                                  |
| **Additional                paid-in capital**                                                 |   | 339,004                                    |   | 339,004                                                |
| **Deficit,                accumulated during the development stage**                          |   | (160,169)                                  |   | (139,123)                                              |
|                                                                                          |   |                                       |   |                                                   |
|                                                                                          |   | 182,761                                    |   | 203,807                                                |
|                                                                                          |   |                                       |   |                                                   |
|                                                                                          |   | 185,111                                    |   | 210,482                                                |

**Nature      and Continuance of Operations **
**Commitment      **

**On      behalf of the Board:**

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**Tactical      Air Defense Services, Inc.**

**(formerly      Natalma Industries, Inc.)**

**(A      Development Stage Company)**

|                                                                                                      | **For                the period from the date of inception on 9 July 1998 to 30 September                2006** | **For                the three month period ended 30 September 2006** | **For                the three month period ended 30 September 2005** | **For                the nine month period ended 30 September 2006** | **For                the nine month period ended 30 September 2005** |
|-----------------------------------------------------------------------------------------------------------|-----------------------------------------------------------------------------------------------------------------|-----------------------------------------------------------------------|-----------------------------------------------------------------------|----------------------------------------------------------------------|----------------------------------------------------------------------|
|                                                                                                      |                                                                                                            | **$**                                                                 |                                                                  | **$**                                                                |                                                                 | **$** |   | **$** |   | **$** |
|                                                                                                      |                                                                                                            |                                                                  |                                                                  |                                                                 |                                                                 |   |   |   |   |   |
| **Expenses**                                                                                              |                                                                                                            |                                                                  |                                                                  |                                                                 |                                                                 |   |   |   |   |   |
| Acquisition                of mineral property interest                                                   |                                                                                                            | 5,000                                                                 |                                                                  | -                                                                    |                                                                 | - |   | - |   | - |
| Bank                charges and interest                                                                  |                                                                                                            | 252                                                                   |                                                                  | -                                                                    |                                                                 | 18 |   | - |   | 39 |
| Consulting                fees                                                                            |                                                                                                            | 3,761                                                                 |                                                                  | -                                                                    |                                                                 | 750 |   | - |   | 1,250 |
| Filing                fees                                                                                |                                                                                                            | 19,980                                                                |                                                                  | 3,673                                                                |                                                                 | 450 |   | 4,218 |   | 1,735 |
| Legal                and accounting                                                                       |                                                                                                            | 51,708                                                                |                                                                  | 1,000                                                                |                                                                 | 2,236 |   | 3,223 |   | 4,701 |
| Licenses                and dues                                                                          |                                                                                                            | 2,106                                                                 |                                                                  | 100                                                                  |                                                                 | 100 |   | 100 |   | 225 |
| Management                fees (Note 5)                                                                   |                                                                                                            | 24,735                                                                |                                                                  | 8,495                                                                |                                                                 | 4,500 |   | 16,985 |   | 4,500 |
| Mineral                property expenditure - consulting fees                                             |                                                                                                            | 55,500                                                                |                                                                  | -                                                                    |                                                                 | - |   | - |   | - |
| Office                and miscellaneous                                                                   |                                                                                                            | 1,604                                                                 |                                                                  | 37                                                                   |                                                                 | - |   | 148 |   | - |
| Transfer                agent fees                                                                        |                                                                                                            | 5,830                                                                 |                                                                  | 155                                                                  |                                                                 | 310 |   | 565 |   | 786 |
| Travel                                                                                                    |                                                                                                            | 2,066                                                                 |                                                                  | -                                                                    |                                                                 | - |   | - |   | - |
|                                                                                                      |                                                                                                            |                                                                  |                                                                  |                                                                 |                                                                 |   |   |   |   |   |
| **Loss                before other item**                                                                 |                                                                                                            | (172,542)                                                             |                                                                  | (13,460)                                                             |                                                                 | (8,364) |   | (25,239) |   | (13,236) |
|                                                                                                      |                                                                                                            |                                                                  |                                                                  |                                                                 |                                                                 |   |   |   |   |   |
| **Other                item**                                                                             |                                                                                                            |                                                                  |                                                                  |                                                                 |                                                                 |   |   |   |   |   |
| Interest                income                                                                            |                                                                                                            | 12,373                                                                |                                                                  | 2,049                                                                |                                                                 | 1,342 |   | 4,193 |   | 3,460 |
|                                                                                                      |                                                                                                            |                                                                  |                                                                  |                                                                 |                                                                 |   |   |   |   |   |
| **Loss                for the period**                                                                    |                                                                                                            | (160,169)                                                             |                                                                  | (11,411)                                                             |                                                                 | (7,022) |   | (21,046) |   | (9,776) |
|                                                                                                      |                                                                                                            |                                                                  |                                                                  |                                                                 |                                                                 |   |   |   |   |   |
| **Basic                and diluted loss per common share**                                                |                                                                                                            |                                                                  |                                                                  | (0.003)                                                              |                                                                 | (0.002) |   | (0.005) |   | (0.002) |
|                                                                                                      |                                                                                                            |                                                                  |                                                                  |                                                                 |                                                                 |   |   |   |   |   |
| **Weighted                average number of common shares used in per share                calculations** |                                                                                                            |                                                                  |                                                                  | 3,925,855                                                            |                                                                 | 3,925,855 |   | 3,925,855 |   | 3,925,855 |

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**Tactical      Air Defense Services, Inc.**

**(formerly      Natalma Industries, Inc.)**

**(A      Development Stage Company)**

|                                                                                  | **For                the period from the date of inception on 9 July 1998 to 30 September                2006** | **For                the three month period ended****30                September 2006** | **For                the three month period ended 30 September 2005** | **For                the nine month period ended****30                September 2006** | **For                the nine month period ended****30                September 2005** |
|---------------------------------------------------------------------------------------|-----------------------------------------------------------------------------------------------------------------|-----------------------------------------------------------------------------------------|-----------------------------------------------------------------------|----------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------|
|                                                                                  |                                                                                                            | **$**                                                                                   |                                                                  | **$**                                                                                  |                                                                                   | **$** |   | **$** |   | **$** |
|                                                                                  |                                                                                                            |                                                                                    |                                                                  |                                                                                   |                                                                                   |   |   |   |   |   |
| **Cash                flows from operating activities**                               |                                                                                                            |                                                                                    |                                                                  |                                                                                   |                                                                                   |   |   |   |   |   |
| Net                loss for the period                                                |                                                                                                            | (160,169)                                                                               |                                                                  | (11,411)                                                                               |                                                                                   | (7,022) |   | (21,046) |   | (9,776) |
| Adjustments                to reconcile loss to net cash used by operating activities |                                                                                                            |                                                                                    |                                                                  |                                                                                   |                                                                                   |   |   |   |   |   |
| Acquisition                of mineral property                                        |                                                                                                            | 500                                                                                     |                                                                  | -                                                                                      |                                                                                   | - |   | - |   | - |
| Common                shares issued for services                                      |                                                                                                            | 25,000                                                                                  |                                                                  | -                                                                                      |                                                                                   | - |   | - |   | - |
| Changes                in operating assets and liabilities                            |                                                                                                            |                                                                                    |                                                                  |                                                                                   |                                                                                   |   |   |   |   |   |
| Increase                (decrease) in accounts payable and accrued liabilities        |                                                                                                            | 2,350                                                                                   |                                                                  | 1,350                                                                                  |                                                                                   | 2,695 |   | (4,325) |   | 2,610 |
|                                                                                  |                                                                                                            |                                                                                    |                                                                  |                                                                                   |                                                                                   |   |   |   |   |   |
|                                                                                  |                                                                                                            | (132,319)                                                                               |                                                                  | (10,061)                                                                               |                                                                                   | (4,327) |   | (25,371) |   | (7,166) |
|                                                                                  |                                                                                                            |                                                                                    |                                                                  |                                                                                   |                                                                                   |   |   |   |   |   |
| **Cash                flows from financing activity**                                 |                                                                                                            |                                                                                    |                                                                  |                                                                                   |                                                                                   |   |   |   |   |   |
| Common                shares issued for cash                                          |                                                                                                            | 317,430                                                                                 |                                                                  | -                                                                                      |                                                                                   | - |   | - |   | - |
|                                                                                  |                                                                                                            |                                                                                    |                                                                  |                                                                                   |                                                                                   |   |   |   |   |   |
| **Increase                (decrease) in cash and cash equivalents**                   |                                                                                                            | 185,111                                                                                 |                                                                  | (10,061)                                                                               |                                                                                   | (4,327) |   | (25,371) |   | (7,166) |
|                                                                                  |                                                                                                            |                                                                                    |                                                                  |                                                                                   |                                                                                   |   |   |   |   |   |
| **Cash                and cash equivalents, beginning of period**                     |                                                                                                            | -                                                                                       |                                                                  | 195,172                                                                                |                                                                                   | 225,959 |   | 210,482 |   | 228,789 |
|                                                                                  |                                                                                                            |                                                                                    |                                                                  |                                                                                   |                                                                                   |   |   |   |   |   |
| **Cash                and cash equivalents,****end                of period**         |                                                                                                            | 185,111                                                                                 |                                                                  | 185,111                                                                                |                                                                                   | 221,632 |   | 185,111 |   | 221,623 |

**Supplemental      Disclosures with Respect to Cash Flows **

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**Tactical      Air Defense Services, Inc.**

**(formerly      Natalma Industries, Inc.)**

**(A      Development Stage Company)**

|                                                                      | **Number                of common shares issued** | **Capital                stock** | **Additional                paid-in capital** | **Deficit,                accumulated during the development stage** | **Stockholders’                equity** |
|---------------------------------------------------------------------------|---------------------------------------------------|----------------------------------|-----------------------------------------------|----------------------------------------------------------------------|-----------------------------------------------|
|                                                                      |                                              |                             |                                          | **$**                                                                |                                          | **$** |   | **$** |   | **$** |
|                                                                      |                                              |                             |                                          |                                                                 |                                          |   |   |   |   |   |
| **Balance                at 9 July 1998 (inception)**                     |                                              |                             |                                          |                                                                 |                                          |   |   |   |   |   |
| Common                shares issued - cash ($0.003 per share)             |                                              | 1,000,000                        |                                          | 1,000                                                                |                                          | 2,000 |   | - |   | 3,000 |
| Net                loss for the period                                    |                                              | -                                |                                          | -                                                                    |                                          | - |   | - |   | - |
|                                                                      |                                              |                             |                                          |                                                                 |                                          |   |   |   |   |   |
| **Balance                at 31 December 1998**                            |                                              | 1,000,000                        |                                          | 1,000                                                                |                                          | 2,000 |   | - |   | 3,000 |
| Common                shares issued - cash ($0.03 per share)              |                                              | 2,666,677                        |                                          | 2,667                                                                |                                          | 77,333 |   | - |   | 80,000 |
| Common                shares issued - mineral property ($0.003 per share) |                                              | 166,677                          |                                          | 167                                                                  |                                          | 333 |   | - |   | 500 |
| Share                issue costs                                          |                                              | -                                |                                          | -                                                                    |                                          | (18,070) |   | - |   | (18,070) |
| Net                loss for the year                                      |                                              | -                                |                                          | -                                                                    |                                          | - |   | (57,849) |   | (57,849) |
|                                                                      |                                              |                             |                                          |                                                                 |                                          |   |   |   |   |   |
| **Balance                at 31 December 1999**                            |                                              | 3,833,354                        |                                          | 3,834                                                                |                                          | 61,596 |   | (57,849) |   | 7,581 |
| Net                loss for the year                                      |                                              | -                                |                                          | -                                                                    |                                          | - |   | (1,691) |   | (1,691) |
|                                                                      |                                              |                             |                                          |                                                                 |                                          |   |   |   |   |   |
| **Balance                at 31 December 2000**                            |                                              | 3,833,354                        |                                          | 3,834                                                                |                                          | 61,596 |   | (59,540) |   | 5,890 |
| Net                loss for the year                                      |                                              | -                                |                                          | -                                                                    |                                          | - |   | (9,690) |   | (9,690) |
|                                                                      |                                              |                             |                                          |                                                                 |                                          |   |   |   |   |   |
| **Balance                at 31 December 2001**                            |                                              | 3,833,354                        |                                          | 3,834                                                                |                                          | 61,596 |   | (69,230) |   | (3,800) |
| Common                shares issued - cash ($3.00 per share)              |                                              | 84,167                           |                                          | 84                                                                   |                                          | 252,416 |   | - |   | 252,500 |
| Common                shares issued - service ($3.00 per share)           |                                              | 8,334                            |                                          | 8                                                                    |                                          | 24,992 |   | - |   | 25,000 |
| Net                loss for the year                                      |                                              | -                                |                                          | -                                                                    |                                          | - |   | (34,009) |   | (34,009) |
|                                                                      |                                              |                             |                                          |                                                                 |                                          |   |   |   |   |   |
| **Balance                at 31 December 2002**                            |                                              | 3,925,855                        |                                          | 3,926                                                                |                                          | 339,004 |   | (103,239) |   | 239,691 |
| Net                loss for the year                                      |                                              | -                                |                                          | -                                                                    |                                          | - |   | (7,463) |   | (7,463) |
|                                                                      |                                              |                             |                                          |                                                                 |                                          |   |   |   |   |   |
| **Balance                at 31 December 2003**                            |                                              | 3,925,855                        |                                          | 3,926                                                                |                                          | 339,004 |   | (110,702) |   | 232,228 |
| Net                loss for the year                                      |                                              | -                                |                                          | -                                                                    |                                          | - |   | (5,480) |   | (5,480) |
|                                                                      |                                              |                             |                                          |                                                                 |                                          |   |   |   |   |   |
| **Balance                at 31 December 2004**                            |                                              | 3,925,855                        |                                          | 3,926                                                                |                                          | 339,004 |   | (116,182) |   | 226,748 |
| Net                loss for the year                                      |                                              | -                                |                                          | -                                                                    |                                          | - |   | (22,941) |   | (22,941) |
|                                                                      |                                              |                             |                                          |                                                                 |                                          |   |   |   |   |   |
| **Balance                at 31 December 2005**                            |                                              | 3,925,855                        |                                          | 3,926                                                                |                                          | 339,004 |   | (139,123) |   | 203,807 |
| ** **Net                loss for the period                          |                                              | -                                |                                          | -                                                                    |                                          | - |   | (21,046) |   | (21,046) |
|                                                                      |                                              |                             |                                          |                                                                 |                                          |   |   |   |   |   |
| **Balance                at 30 September 2006**                           |                                              | 3,925,855                        |                                          | 3,926                                                                |                                          | 339,004 |   | (160,169) |   | 182,761 |

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**Tactical      Air Defense Services, Inc.**

**(formerly      Natalma Industries, Inc.)**

**(A      Development Stage Company)**

**30      September 2006**

| **1.  ** | **Nature                and Continuance of                Operations** |
|--------------------|------------------------------------------------------------------------|

*Accounting      and Reporting by Development Stage Enterprises*

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**Tactical          Air Defense Services, Inc.**

**(formerly          Natalma Industries, Inc.)**

**(A          Development Stage Company)**

**30          September 2006**

| **2.  ** | **Significant                Accounting Policies** |
|--------------------|----------------------------------------------------|

**Basis      of presentation**

**Cash      and cash equivalents**

**Financial      instruments**

**Derivative      financial instruments**

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**Tactical        Air Defense Services, Inc.**

**(formerly        Natalma Industries, Inc.)**

**(A        Development Stage Company)**

**30        September 2006**

**Income      taxes**

*“Accounting      for Income Taxes”*

**Comprehensive      loss**

*Reporting      Comprehensive Income*

**Basic      and diluted net loss per share**

*Earnings      per Share*

**Start-up      expenses**

*Reporting      the Costs of Start-up Activities*

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**Tactical        Air Defense Services, Inc.**

**(formerly        Natalma Industries, Inc.)**

**(A        Development Stage Company)**

**30        September 2006**

**Foreign      currency translation**

*Foreign      Currency Translation*

**Use      of estimates**

**Recent      accounting pronouncements**

*Accounting      for Servicing of Financial Assets*

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**Tactical        Air Defense Services, Inc.**

**(formerly        Natalma Industries, Inc.)**

**(A        Development Stage Company)**

**30        September 2006**

*Accounting      for Certain Hybrid Financial Instruments*
*Accounting      for Derivative Instruments and Hedging Activities*
*Accounting      for Transfers and Servicing of Financial Assets and Extinguishments of      Liabilities*

*Accounting      Changes and Error Corrections - A Replacement of APB Opinion No. 20 and SFAS      No.      3*

*Exchanges      of Nonmonetary Assets - An Amendment of APB Opinion No. 29*
*Accounting      for Nonmonetary Transactions*

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**Tactical      Air Defense Services, Inc.**

**(formerly      Natalma Industries, Inc.)**

**(A      Development Stage Company)**

**30      September 2006**

*Share      Based Payment*
*Accounting      for Stock-Based Compensation*
*Accounting      for Stock Issued to Employees*

**Comparative      figures**

| **3.  ** | **Accounts                Payable and Accrued Liabilities**  |
|--------------------|-------------------------------------------------------------------|

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**Tactical        Air Defense Services, Inc.**

**(formerly        Natalma Industries, Inc.)**

**(A        Development Stage Company)**

**30        September 2006**

| **4.  ** | **Capital                Stock**** ** |
|--------------------|--------------------------------------------|

**Authorized**

**Issued      and outstanding**

| **5.  ** | **Related                Party Transactions** |
|--------------------|-----------------------------------------------|

| **6.  ** | **Income                Taxes**** ** |
|--------------------|-------------------------------------------|

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**Tactical        Air Defense Services, Inc.**

**(formerly        Natalma Industries, Inc.)**

**(A        Development Stage Company)**

**30        September 2006**

|                                               |   | **For                the nine month period ended 30 September 2006** |   | **For                the nine month period ended 30 September 2005** |
|----------------------------------------------------|--------|----------------------------------------------------------------------|--------|----------------------------------------------------------------------|
|                                               |   | **$**                                                                |   | **$**                                                                |
|                                               |   |                                                                 |   |                                                                 |
| Deferred                tax asset attributable to: |   |                                                                 |   |                                                                 |
| Current                operations                  |   | 7,156                                                                |   | 3,324                                                                |
| Less:                Change in valuation allowance |   | (7,156)                                                              |   | (3,234)                                                              |
|                                               |   |                                                                 |   |                                                                 |
| Net                refundable amount               |   | -                                                                    |   | -                                                                    |

|                                                      |   | **30                September 2006** |   | **31                December 2005****(Audited)** |
|-----------------------------------------------------------|--------|--------------------------------------|--------|--------------------------------------------------|
|                                                      |   | **$**                                |   | **$**                                            |
|                                                      |   |                                 |   |                                             |
| Net                income tax operating loss carryforward |   | (104,670)                            |   | (83,624)                                         |
|                                                      |   |                                 |   |                                             |
| Statutory                federal income tax rate          |   | 34%                                  |   | 34%                                              |
| Effective                income tax rate                  |   | 0%                                   |   | 0%                                               |
|                                                      |   |                                 |   |                                             |
| Deferred                tax asset                         |   | 35,588                               |   | 28,432                                           |
| Less:                Valuation allowance                  |   | (35,588)                             |   | (28,432)                                         |
|                                                      |   |                                 |   |                                             |
| Net                deferred tax asset                     |   | -                                    |   | -                                                |

----

**Tactical        Air Defense Services, Inc.**

**(formerly        Natalma Industries, Inc.)**

**(A        Development Stage Company)**

**30        September 2006**

| **7.  ** | **Supplemental                Disclosures with Respect to Cash                Flows** |
|--------------------|---------------------------------------------------------------------------------------|

|                                                        |   | **For                the period from the date of inception on 9 July 1998 to 30 September                2006** |   | **For                the three month period ended 30 September 2006** |   | **For                the three month period ended 30 September 2005** |   | **For                the nine month period ended 30 September 2006** |   | **For                the nine month period ended 30 September 2005** |
|-------------------------------------------------------------|--------|-----------------------------------------------------------------------------------------------------------------|--------|-----------------------------------------------------------------------|--------|-----------------------------------------------------------------------|--------|----------------------------------------------------------------------|--------|----------------------------------------------------------------------|
|                                                        |   | **$**                                                                                                           |   | **$**                                                                 |   | **$**                                                                 |   | **$**                                                                |   | **$**                                                                |
|                                                        |   |                                                                                                            |   |                                                                  |   |                                                                  |   |                                                                 |   |                                                                 |
| Cash                paid during the period for interest     |   | -                                                                                                               |   | -                                                                     |   | -                                                                     |   | -                                                                    |   | -                                                                    |
| Cash                paid during the period for income taxes |   | -                                                                                                               |   | -                                                                     |   | -                                                                     |   | -                                                                    |   | -                                                                    |

| **8.  ** | **Commitment** |
|--------------------|----------------|

----

**ITEM      2. MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF      OPERATION.**

**Results      of Operations**

**Three      months ended September 30, 2006, as compared to the three months ended September      2005**

**Results      of Operations**

**Liquidity      and Capital Resources**

**Plan      of Operation**

----

**Critical      Accounting Policies**

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**ITEM      3. CONTROLS AND PROCEDURES**

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**PART      II - OTHER INFORMATION**

**ITEM      1A. RISK FACTORS**

**ITEM      6. EXHIBITS AND REPORTS ON FORM 8-K**

**Exhibit      No.**
**Description**

**SIGNATURES**

**TACTICAL      AIR DEFENSE SERVICES, INC.,  **