UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              Washington D.C. 20549



                                   FORM 10-KSB




|X| ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT
OF 1934.

For the fiscal year ended December 31, 2006

|_| TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
ACT OF 1934. (FEE REQUIRED)

For the transition period from______ , 20___ , to_____ , 20___ .

                          Commission File Number 0-8447



                               DOL RESOURCES, INC.
               (Exact Name of Registrant as Specified in Charter)



              Wyoming                                 83-0219465
  (State or Other Jurisdiction of        (I.R.S. Employer Identification Number)
   Incorporation or Organization)

                  3233 West Kingsley Road, Garland, Texas 75041
                    (Address of Principal Executive Offices)

                                 (972) 840-3223
              (Registrant's Telephone Number, Including Area Code)



SECURITIES REGISTERED PURSUANT TO SECTION 12 (b) OF THE ACT:
 Title of each class                   Name of each exchange on which registered
        None                                           None

SECURITIES REGISTERED PURSUANT TO SECTION 12 (G) OF THE ACT:
                          Common Stock, $0.01 Par Value
                                (Title of Class)

Check whether the issuer (1)filed all reports required to be filed by Section 13
or 15(d) of the  Exchange  Act of 1934  during  the past 12 months  (or for such
other 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

Check if there is no disclosure of delinquent  filers in response to Item 405 of
Regulation S-B contained in this form, and no disclosure  will be contained,  to
the  best  of  registrant's   knowledge,  in  definitive  proxy  or  information
statements  incorporated  by  reference  in Part III of this Form  10-KSB or any
amendment to this Form 10-KSB. [X]

At April 9, 2007 the  aggregate  market value of the shares of Common Stock held
by  Non-affiliates  of the registrant was  approximately  $93,634.  At such date
there were 25,500,000 shares if the registrant's Common Stock outstanding.

Document Incorporated by Reference: None.

Transitional Small Business Disclosure Format (Check one): Yes[_] No [X]

<PAGE>


                                TABLE OF CONTENTS


Number                             Item in Form 10-KSB                  Page No.
------                 ------------------------------------------------

   1                   Description of Business                                 3

   2                   Description of Property                                 3

   3                   Legal Proceedings                                       3

   4                   Submission of Matters to a Vote of Security
                       Holders                                                 3

   5                   Market for Common Equity and Related
                       Stockholder Matters                                     4

   6                   Management's Discussion and Analysis for
                       Plan of Operation                                       4

   7                   Financial Statements                                    8

   8                   Changes in and Disagreements with Accountants on
                       Accounting and Financial Disclosure                    18

  8A                   Controls and Procedures                                18

   9                   Directors, Executive Officers, Promoters
                       and Control Persons                                    19

  10                   Executive Compensation                                 20

  11                   Security Ownership of Certain Beneficial Owners
                       and Management                                         21

  12                   Certain Relationships and Related Transactions         21

  13                   Exhibits and Reports on Form 8-K                       22

  14                   Principal Accountant Fees and Services                 22

                       Signatures                                             23




<PAGE>





                                     PART 1


ITEM 1 - DESCRIPTION OF BUSINESS

DOL Resources, Inc. ("Registrant" or "the company") was incorporated November 6,
1973 under the laws of the State of Wyoming.  From  November 6, 1973 - September
30, 2002,  the Company buys,  leased and sells oil and gas  properties.  It also
explores  and  develops  these  properties  usually  with others  through  joint
ventures or farm outs.  Effective  October 1, 2002, the Company sold its oil and
gas properties to Glauber  Management  Company.  On October 2, 2002, the Company
became a development  stage company,  whose activities to date have been limited
to the organization of the company,  the filing of this  registration  statement
and activities  incidental thereto.  The Company has not conducted any research,
development  or other  business,  and has not been  involved in any  bankruptcy,
receivership or similar proceeding,  or any material  reclassification,  merger,
consolidation,  or purchase of assets.  The Company has not offered any products
or services since September 30, 2002. Recent Business Developments

From 1999 to 2006,  the  Company  reviewed  opportunities  without  successfully
consummating any new business.  Effective October 1, 2002, management determined
to sell its oil and gas  properties  to  Glauber  Management  Company.  In 2005,
management  gained control of the necessary  information  for auditing the books
and records of the Company and filing delinquent SEC reports.

Employees

At December 31, 2006, the Company had no employees.  The Vice  President  serves
without compensation.

ITEM 2 - DESCRIPTION OF PROPERTY

Offices

The Company currently does not occupy formal office facilities but uses space on
an as needed basis without charge provided by a shareholder of the Company.  The
fair rental value of this space  provided was not and is currently not material.
Management  believes  that  this  will  be  sufficient  for  the  needs  of  the
Corporation for the next 12 months.

ITEM 3 - LEGAL PROCEEDINGS

There are no pending  legal  proceedings  to which  Registrant  is a party or of
which any of its property is subject.

ITEM 4 - SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

Not applicable.


                                       3
<PAGE>


                                     PART 11

ITEM 5 - MARKET FOR COMMON EQUITY AND RELATED STOCKHOLDER MATTERS

Registrant's  common  shares trade in the  Over-The-Counter  market.  Since 1984
trading has been so limited  and  sporadic  that it is not  possible to obtain a
continuing  quarterly history of high and low bid quotations.  Stock information
is received from registered securities dealers and reflected in the inter-dealer
prices, without retail mark-up,  mark-down or commission and may not necessarily
represent actual  transactions.  Registrant has been advised that shares are not
presently trading and have not traded significantly during the past three years.
The last available quotation was a high bid of .05.

The Company has not  declared  any cash  dividends on its Common Stock since its
inception.  The  Company  currently  intends to retain any  future  earnings  to
finance the growth of the business and,  therefore,  does not anticipate  paying
any cash  dividends in the  foreseeable  future.  As of December  31, 2006,  the
approximate  number  of  record  holders  of  the  Company's  Common  Stock  was
approximately 2,500.

ITEM 6 - MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION

Forward Looking Statements

The following  discussion and analysis  should be read in  conjunction  with the
financial statements and notes thereto included elsewhere in this report on Form
10-KSB for DOL Resources,  Inc.  ("DOL" or "We" or the  "Company").  This report
contains  certain  statements that are "forward looking  statements"  within the
meaning  of  Section  27A of  the  Securities  Act  of  1933,  as  amended  (the
"Securities  Act"),  and Section 21E of the Securities  Exchange Act of 1934, as
amended (the "Exchange Act"). Those statements,  among other things, include the
discussions of the Company's  expectations set forth below. Although the Company
believes that the expectations  reflected in the forward looking  statements are
reasonable,  management can give no assurance that such  expectations will prove
to have been correct.  Generally,  forward looking statements relate to business
plans or strategies,  projected or anticipated benefits or other consequences of
such  plans  or  strategies,  or  projections  involving  anticipated  revenues,
expenses,  earnings, levels of capital expenditures,  liquidity or indebtedness,
ability to raise  working  capital,  or other  aspects of  operating  results or
financial position. Although not always the case, forward looking statements can
be  identified  by the use of words such as  "believes",  "expects",  "intends",
"projects", "anticipates", "contemplates", or "estimates".

Plan of Operation

We have no  operations  or revenues  after  October 1, 2002.  The  Company  will
attempt  to  identify  a  profitable   opportunity  and  consummate  a  Business
Transaction  with such a company.  A Business  Transaction is likely to take the
form of a reverse  merger.  Our  management  has held  discussions  with several
parties about engaging in a reverse merger. Two such discussions were aborted by
our management after initial  investigation of the  counterparty,  while in some
cases,  the other parties  proceeded  with  alternative  transactions  that they
considered  more suitable for their needs.  There is no guaranty that a Business



                                       4
<PAGE>

Transaction actually will be consummated,  although our management believes that
it is likely that a Business Transaction will occur between the parties.

Our business  plan for the next twelve  months is to seek,  investigate  and, if
such  investigation  warrants,  acquire an interest in a business  entity  which
desires to seek the perceived  advantages of a corporation  which has a class of
securities registered under the Exchange Act. We will not restrict our search to
any specific business, industry, or geographical location and we may participate
in a business venture of virtually any kind or nature.  Our management may enter
into  confidentiality  agreements  that may preclude  them from  disclosing  the
existence  of  specific  discussions  until the signing of a letter of intent or
definitive agreement.  Our management has unrestricted discretion in seeking and
participating  in a Business  Transaction,  subject to the  availability of such
opportunities,  economic conditions and other factors. Management may acquire or
participate in a Business  Transaction based on the decision of management which
will,  in all  probability,  act  without  consent,  vote,  or  approval  of our
shareholders.  We do not and will not have any  capital to attract the owners of
Business  Transactions who desire significant cash or other assets.  However, we
believe that the  opportunity to acquire a controlling  ownership  interest in a
publicly registered company may attract private companies for several reasons:

     -    lower cost,  shorter  timeframe  and less  dilution  than going public
          through an IPO;

     -    use of public equity for future acquisitions;

     -    higher prestige and better public visibility;

     -    compliance  with a requirement  for admission to quotation on the NASD
          OTC Bulletin Board or on the NASDAQ Small Cap Market;

     -    easier  capital  raising and borrowing  from banks or other  financial
          institutions;

     -    employees  may  find  compensation   through  stock  or  options  more
          attractive if their employer is a public company;

     -    better ability to transfer stock or other securities;

     -    in the case of  foreign  companies:  entry  into  the U.S.  securities
          markets,  enhanced credibility with U.S. customers,  easier mergers or
          acquisitions in the U.S.;

     -    facilitation of succession or retirement  planning for owner/managers.

There are also several  disadvantages  for private  companies  from going public
through a merger with us:

     -    no aftermarket support through underwriters;



                                       5
<PAGE>


     -    no capital raised;

     -    increased regulation;

     -    requirement for audited financial statements;

     -    required publication of corporate information;

     -    required filings of periodic reports with the SEC.

Some of the above  disadvantages are general aspects of public companies are not
specifically  linked to going public through a reverse  merger.

We believe that our plan of operations will be conducted  through the efforts of
Daniel Zimmerman and Fred Updegraff,  and will not require any additional funds.
It is  anticipated  that Mr.  Zimmerman and Mr.  Updegraff  will furnish us with
Business   Transaction   candidates.   We  may  or  may  not  use  any  notices,
advertisements  or third  parties in our search for Business  Transactions.  Our
management will also investigate  specific Business  Transactions and negotiate,
draft  and  execute  relevant   agreements,   disclosure   documents  and  other
instruments.  We may  engage  broker/dealers  or  investment  banking  firms  to
introduce us to candidates for Business Transactions.

Prior to making a decision about  participation  in a Business  Transaction,  we
plan to obtain written materials regarding the Business  Transaction  including,
without  limitation,  a description of products,  services and company  history;
management resumes;  financial  information;  available projections with related
assumptions; evidence of existing patents, trademarks or service marks or rights
thereto; present and proposed forms of compensation to management; a description
of  transactions  between  the  prospective  entity  and our  affiliates  during
relevant periods; a description of present and required facilities;  an analysis
of risk and  competitive  conditions;  and other relevant  information.  In many
instances,  however, we anticipate that the historical  operations of a specific
Business  Transaction may not necessarily be indicative of the potential for the
future because of the possible need to shift marketing approaches substantially,
expand significantly,  change product emphasis,  change or substantially augment
management,  or make other  changes.  We will be dependent  upon the owners of a
Business  Transaction  to  identify  any such  problems  which  may exist and to
implement,  or be primarily  responsible  for the  implementation  of,  required
changes.

The legal  structure  or method  deemed by  management  to be  suitable  will be
selected  based upon our  review and our  relative  negotiating  strength.  Such
structure  may  include,  but is not  limited  to,  leases,  purchase  and  sale
agreements, licenses, joint ventures and other contractual arrangements. We will
participate in a Business  Transaction  only after the negotiation and execution
of  appropriate  agreements.  Although  the terms of such  agreements  cannot be
predicted,  generally such agreements will require certain  representations  and
warranties of the parties thereto,  will specify certain events of default, will
detail the terms of closing and the  conditions  which must be  satisfied by the
parties  prior to and after such  closing and will include  miscellaneous  other
terms.

We are  classified as a 'blank check' company under rules of the SEC and certain
states.  Under these  regulations  the public sale of  securities of blank check
companies is limited.  We will not make any efforts to cause a market to develop
in our  securities  until  such  time as we have  successfully  implemented  our
business  plan  and DOL  Resources  is no  longer  classified  as a blank  check



                                       6
<PAGE>

company.  We anticipate that additional  securities may be registered and issued
subsequent to a Business  Transaction.  The issuance of  substantial  additional
securities and their potential sale into any trading market which may develop in
our  securities  may  have a  depressive  effect  on  the  future  value  of our
securities,  if such a market  develops,  of which  there  is no  assurance.

We  currently  have  no  employees.   Our  management  expects  to  confer  with
consultants, attorneys and accountants as necessary. We do not anticipate a need
to engage any  full-time  employees  so long as we are  seeking  and  evaluating
Business  Transactions.  We will determine the need for employees based upon the
specific Business Transaction. The amount of time spent by Messrs. Zimmerman and
Updegraff on the activities of DOL is not predictable. Such time may vary widely
from an  extensive 6 amount  when  reviewing  a target  company and  effecting a
Business  Transaction to an essentially quiet time when activities of management
focus  elsewhere.  It is not possible to predict the amount of time that will be
required to spend to review a suitable  target  company.  We will not borrow any
funds to make any payments to our management, its affiliates or associates. Upon
consummation  of a Business  Transaction  the number of employees  may increase,
depending on the nature and size of the Business Transaction.

Since  October 1, 2002,  we have had no revenues or sales.  We believe  that our
current  cash  needs  can be met by  loans  from  our  directors,  officers  and
shareholders  for at least  the next  twelve  months.  However,  if we  obtain a
Business Transaction,  it may be necessary to raise additional capital. This may
be accomplished by selling our common stock. Our management  intends to actively
seek Business Transactions during the next twelve months.

Off-Balance Sheet Arrangements

As of the date of this report, we do not have any off-balance sheet arrangements
that have or are  reasonably  likely to have a current  or future  effect on our
financial  condition,  changes in  financial  condition,  revenues or  expenses,
results of operations, liquidity, capital expenditures or capital resources that
are material to investors.  The term "off-balance sheet  arrangement"  generally
means any transaction,  agreement or other  contractual  arrangement to which an
entity  unconsolidated  with  us is a  party,  under  which  we  have:  (i)  any
obligation arising under a guarantee contract, derivative instrument or variable
interest;  or (ii) a retained or contingent  interest in assets  transferred  to
such entity or similar  arrangement  that serves as credit,  liquidity or market
risk support for such assets.







                                       7
<PAGE>



                          ITEM 7 - FINANCIAL STATEMENTS

                               DOL RESOURCES, INC.
                          (A DEVELOPMENT STAGE COMPANY)




                                 C O N T E N T S



REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM .......................9

BALANCE SHEET.................................................................10

STATEMENTS OF OPERATIONS......................................................11

STATEMENTS OF STOCKHOLDERS' DEFICIT...........................................12

STATEMENTS OF CASH FLOWS......................................................13

NOTES TO FINANCIAL STATEMENTS...............................................4-17


























                                       8
<PAGE>


            Report of Independent Registered Public Accounting Firm


Board of Directors and Stockholders
DOL Resources, Inc.


We have audited the  accompanying  balance sheet of DOL  Resources,  Inc.,  (the
"Company")  (a  development  stage  company) as of December  31,  2006,  and the
related statements of operations, stockholders' deficit, and cash flows for each
of the two  years in the  period  ended  December  31,  2006 and for the  period
October 2, 2002 (date  entered  development  stage)  through  December 31, 2006.
These financial  statements are the responsibility of the Company's  management.
Our responsibility is to express an opinion on these financial  statements based
on our audits.

We conducted our audits in accordance  with the standards of the Public  Company
Accounting Oversight Board (United States). Those standards require that we plan
and perform the audit to obtain reasonable assurance about whether the financial
statements are free of material misstatement.  An audit includes examining, on a
test basis,  evidence  supporting  the amounts and  disclosures in the financial
statements.  An audit also includes assessing the accounting principles used and
significant  estimates  made by  management,  as well as evaluating  the overall
financial  statement  presentation.   We  believe  that  our  audits  provide  a
reasonable basis for our opinion.

In our opinion,  the financial  statements  referred to above present fairly, in
all material  respects,  the  financial  position of DOL  Resources,  Inc. as of
December 31, 2006,  and the results of its operations and its cash flows for the
two years in the period ended  December  31, 2006 and for the period  October 2,
2002 (date entered  development  stage) through December 31, 2006, in conformity
with accounting principles generally accepted in the United States of America.

The  accompanying  financial  statements  have been  prepared  assuming that the
Company  will  continue  as a  going  concern.  As  discussed  in  Note 1 to the
financial  statements,  the Company  has  sustained  recurring  losses and as of
December 31, 2006 has no business  operations and has no working capital.  These
conditions,  among others,  give rise to  substantial  doubt about the Company's
ability to continue as a going  concern.  Management's  plans in regard to these
matters are also  described in Note 1. The  financial  statements do not include
any adjustments that might result from the outcome of this uncertainty.





Turner, Stone & Company, L.L.P.
Certified Public Accountants
Dallas, Texas
April 12, 2007



                                       9
<PAGE>



                               DOL RESOURCES, INC.
                          (A DEVELOPMENT STAGE COMPANY)
                                  BALANCE SHEET
                                DECEMBER 31, 2006





Assets

Current assets:

     Cash                                                             $   -
                                                                       ====





Liabilities and Stockholders' Deficit

Current liabilities:

     Advances from stockholder                                        $23,129
                                                                      -------



Stockholders' deficit:

     Preferred stock, $5 par value, 10,000,000
       shares authorized, none issued or outstanding
     Common stock, $.01 par value, 100,000,000
       shares authorized, 25,500,000 shares
       issued and outstanding                                         255,000
     Additional paid-in capital                                     1,899,078
     Accumulated deficit                                    (       2,177,207)
                                                             -----------------
                                                            (          23,129)

                                                            $              -
                                                            =================













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





                                       10
<PAGE>
<TABLE>
<CAPTION>

                               DOL RESOURCES, INC.
                          (A DEVELOPMENT STAGE COMPANY)
                            STATEMENTS OF OPERATIONS


Cumulative From
 October 2, 2002
     Through                                                                             Cumulative From
                                                                                          October 2, 2002
                                                      Year Ended     Year Ended             Through
                                                   December 31,     December 31,         December 31,
                                                     2006             2005                     2006
                                                     ----             ----                     ----
<S>                                              <C>                 <C>                 <C>


                                                $         -          $          -        $          -
Revenues                                        -----------          ------------        ------------


Operating expense:

     General and administrative expenses             23,129                                  23,129
                                                -----------          ------------        ------------


         Total operating expenses                    23,129                    -              23,129
                                                -----------          ------------        ------------

Net loss                                        $  (23,129)          $         -             (23,129)
                                                ===========          ============        ============

Basic net loss per weighted average
     common share                              $          -          $          -
                                                ===========          ============

Weighted average number of common
     shares outstanding                          25,500,000            25,500,000
                                                ===========          ============



</TABLE>











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




                                       11
<PAGE>
<TABLE>
<CAPTION>

                               DOL RESOURCES, INC.
                          (A DEVELOPMENT STAGE COMPANY)
                       STATEMENTS OF STOCKHOLDERS'DEFICIT


                                                                                        Additional
                                     Preferred Stock              Common Stock           Paid-In     Accumulated
                                Shares         Amount       Shares          Amount       Capital     Deficit           Total
                                ------         ------       ------          ------       -------     -------           -----
<S>                             <C>            <C>          <C>             <C>          <C>         <C>               <C>


Balance, October 2, 2002            --            --      25,500,000   $   255,000     1,899,078      (2,154,078)          --


Net income                          --            --            --            --             --             --             --
                             -----------   -----------   -----------   -----------    -----------    -----------    -----------

Balance, December 31, 2002          --            --      25,500,000       255,000      1,899,078     (2,154,078)          --


Net income                          --            --            --            --             --             --             --
                             -----------   -----------   -----------   -----------    -----------    -----------    -----------

Balance, December 31, 2003          --            --      25,500,000       255,000      1,899,078     (2,154,078)          --


Net income                          --            --            --            --             --             --             --
                             -----------   -----------   -----------   -----------    -----------    -----------    -----------

Balance, December 31, 2004          --            --      25,500,000       255,000      1,899,078     (2,154,078)          --


Net income                          --            --            --            --             --             --             --
                             -----------   -----------   -----------   -----------    -----------    -----------    -----------


Balance, December 31, 2005          --                    25,500,000       255,000      1,899,078     (2,154,078)


Net loss                                                                                            (    23,129)    (    23,129)
                             -----------   -----------   -----------   -----------    -----------    -----------    -----------

Balance, December 31, 2006                                25,500,000   $  255,000   $   1,899,078   $(2,177,207)   $    (23,129)
                             -----------   -----------   -----------   -----------    -----------    -----------    -----------

</TABLE>


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

                                       12


<PAGE>


                               DOL RESOURCES, INC.
                          (A DEVELOPMENT STAGE COMPANY)
                            STATEMENTS OF CASH FLOWS



                                                                    Cumulative
                                                                        From
                                                                 October 2, 2002
                                       Year Ended    Year Ended       Through
                                      December 31,   December 31,   December 31,
                                         2006            2005          2006
                                         ----            ----          ----


Cash flows from operating activities:
Net loss                                $(23,129)   $           --     $(23,129)
                                        --------    ----------------   --------

Net cash used in operating activities    (23,129)               --      (23,129)
                                        --------    ----------------   --------

Cash flows from investing activities        --                  --         --
                                        --------    ----------------   --------
Cash flows from financing activities:
       Advances from stockholder          23,129                --       23,129
                                        --------    ----------------   --------

        Net cash provided by
        financing activities              23,129                --       23,129
                                        --------    ----------------   --------

        Net change in cash                  --                  --         --
                                        --------    ----------------   --------

Cash at the beginning of period             --                  --         --
                                        --------    ----------------   --------

Cash at the end of period               $   --      $           --     $   --
                                        ========    ================   ========
























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

                                       13


<PAGE>


                               DOL RESOURCES, INC.
                          (A DEVELOPMENT STAGE COMPANY)
                          NOTES TO FINANCIAL STATEMENTS


1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Organization and business

DOL Resources,  Inc. (the "Company") was organized on November 6, 1973 under the
laws of the State of Wyoming.  Its primary  activities  through  October 1, 2002
have been the acquisition of interests in various oil and gas  properties,  coal
properties  and  exploration  for oil and gas. On March 31, 2006,  the Company's
board of directors  formalized  an agreement to sell its oil and gas  properties
with a net book value of $570,030 to Glauber  Management Company in exchange for
assuming a note payable to a bank of $263,000,  a payable to Glauber  Management
Company of $354,030  less an  accounts  receivable  balance of $7,454  effective
October  1,  2002.  See  Note 3. On  October  2,  2002,  the  Company  became  a
development  stage  company,  whose  activities to date have been limited to the
organization of the company and activities  incidental thereto.  The Company has
not conducted  any research,  development  or other  business,  and has not been
involved in any bankruptcy,  receivership or similar proceeding, or any material
reclassification,  merger, consolidation, or purchase of assets. The Company has
not offered any products or services since September 30, 2002.

Basis of presentation and going concern uncertainty

The financial  statements  of the Company have been  prepared  assuming that the
Company will  continue as a going  concern.  However,  the Company has sustained
recurring losses and as of December 31, 2006, has no business operations and has
no working capital.  These  conditions,  among others,  give rise to substantial
doubt about the Company's ability to continue as a going concern.  Management is
continuing to seek additional  equity capital to fund a merger or acquisition or
to purchase an ongoing  business.  Until such time, the Company  anticipates its
working capital needs to be funded through advances from its major stockholders.
Management  believes  that these steps will  provide the Company  with  adequate
funds to sustain continued  existence.  There is, however, no assurance that the
steps taken by management  will meet all of the Company's  needs or that it will
continue  as a going  concern.  The  accompanying  financial  statements  do not
include any adjustments that might result from the outcome of this uncertainty.

Development stage activities

Subsequent to the Company's sale of oil and gas  properties as described  above,
the Company had not conducted  any  operations.  All of the Company's  operating
results and cash flows reported in the  accompanying  financial  statements from
October 2, 2002 (date entered  development  stage) through December 31, 2006 are
considered to be those related to development stage activities and represent the
`cumulative  from  inception'  amounts  from its  development  stage  activities
required to be reported pursuant to Statements of Financial Accounting Standards
("SFAS") No. 7, Development Stage Enterprises.


<PAGE>

                                       14


                               DOL RESOURCES, INC.
                          (A DEVELOPMENT STAGE COMPANY)
                          NOTES TO FINANCIAL STATEMENTS

Management estimates

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

Cash and cash flows

For purposes of the statements of cash flows,  cash includes demand deposits and
time deposits with maturities of less than three months. The Company had no cash
at the end of December 31, 2006.

Income taxes

Income  taxes are  determined  using the  liability  method in  accordance  with
Statement of Financial  Accounting  Standards ("SFAS") No. 109,  "Accounting for
Income Taxes". Deferred tax assets and liabilities are recognized for the future
tax  consequences  attributable to differences  between the financial  statement
carrying  amounts of existing assets and  liabilities  and their  respective tax
bases.  Deferred tax assets and liabilities are measured using enacted tax rates
expected  to apply to  taxable  income  in the  years in which  those  temporary
differences are expected to be recovered or settled.  The effect on deferred tax
assets and liabilities of a change in tax rates is recognized in the period that
included the enactment date. In addition,  a valuation  allowance is established
to reduce  any  deferred  tax asset for which it is  determined  that it is more
likely  than not  that  some  portion  of the  deferred  tax  asset  will not be
realized.

Basic net loss per weighted average common share

Basic net loss per common weighted  average common share is computed by dividing
the net loss  (numerator)  by the  weighted  average  number  of  common  shares
outstanding  (denominator).  Diluted net income per common  share  reflects  the
potential  dilution  that could occur if accounts  or other  contracts  to issue
common stock were  exercised  or converted  into common stock or resulted in the
issuance of common stock that then shared in the  earnings of the  Company.  For
the years ended December 31, 2006 and 2005 and for the period of October 2, 2002
(date entered  development  stage) through December 31, 2006,  dilutive net loss
per common  share is not  presented  since  there are no dilutive  common  stock
equivalents.


2. INCOME TAXES

Following  is a  reconciliation  between  reported  income  taxes and the amount
computed by applying the statutory  federal  income tax rates to net loss before
income  taxes for the years ended  December 31, 2006 and 2005 and for the period
from October 2, 2002 (date entered development stage) through December 31, 2006.

<PAGE>

                                       15


                               DOL RESOURCES, INC.
                          (A DEVELOPMENT STAGE COMPANY)
                          NOTES TO FINANCIAL STATEMENTS







                                                              Cumulative
                                                                  From
                                                           October 2, 2002
                               Year Ended    Year Ended       Through
                              December 31,   December 31,     December 31,
                                 2006            2005            2006
                                 ----            ----            ----

Expected provision (benefit)
   for federal income taxes   $(7,846)       $        --         $(7,846)

Unavailable loss carrybacks      --                   --            --


Valuation Allowance             7,846               7,846          7,846
                              -------        -------------       -------



Income taxes (benefit)        $  --                   --         $  --
                              =======        =============       =======

The Company has a net operating loss carry-forward of approximately $815,000
which will expire by 2026.

The components of the net deferred tax asset included in the balance sheet are
as follows at December 31, 2006.

Net operating loss carryforward               $       277,000

Valuation allowance                            (      277,000)
                                                -------------

                                              $             -
                                               ==============

The Company has provided a valuation allowance against its deferred tax asset of
$277,000 and  $289,000 for the years ended  December 31, 2006 and 2005 as it has
determined that it is more likely than not the temporary differences will not be
utilized for tax purposes.

3. RELATED PARTY TRANSACTIONS

Glauber  Management  Company  ("Glauber)  owns  5,672,630  shares  (22%)  of the
Company's  common  stock.  During the year ended  December  31,  2002,  all cash
receipts  and  disbursements  were held and paid by Glauber.  The  activity  was
recorded on the Company's books through an advance to / from Glauber. During the
year ended  December 31, 1999,  the Company also acquired oil and gas properties
of  $287,289  which  were also  recorded  against  the  advances  due to Glauber
account.

On March 31, 2006, the Company's  board of directors  formalized an agreement to
sell its oil and gas  properties to Glauber with an effective date of October 1,
2002. The Company  exchanged its oil and gas properties with a net book value of
$570,730 and the accounts  receivable balance from Glauber of $7,454 in exchange
for the  assumption  of the note  payable to a bank of $263,000 and a payable to
Glauber of $354,030. A gain on sale of $38,846 was recorded. The note payable to
a bank was transferred to Glauber on March 31, 2006.


<PAGE>

                                       16


                               DOL RESOURCES, INC.
                          (A DEVELOPMENT STAGE COMPANY)
                          NOTES TO FINANCIAL STATEMENTS


On October 1, 2002, the Company transferred its marketable securities to Glauber
Management in exchange for management fees.

During the year ended  December  31, 2002,  Glauber made a principal  payment of
$62,000 and an interest  payment of $19,183 on the  Company's  note payable to a
bank.






























<PAGE>

                                       17



ITEM 8 -  CHANGES  IN AND  DISAGREEMENTS  WITH  ACCOUNTANTS  ON  ACCOUNTING  AND
FINANCIAL DISCLOSURE

NONE


ITEM 8A - CONTROLS AND PROCEDURES

As required by Rule 13a-15 under the  Exchange  Act, as of the end of the fiscal
year  covered by this  report,  Mort  Zimmerman,  the  Company's  CEO,  and Fred
Updegraff,   the   Company's   CFO,  have  carried  out  an  evaluation  of  the
effectiveness of the design and operation of the Company's  disclosure  controls
and procedures.  Based upon that  evaluation,  Mort Zimmerman and Fred Updegraff
concluded that the Company's disclosure controls and procedures are effective at
December 31, 2006. There have been no changes in the Company's internal controls
over financial reporting in connection with this evaluation that occurred during
the  fourth  quarter  of 2006 that has  materially  affected,  or is  reasonably
finalikely  to materially  affect,  the  Company's  internal  control over ncial
reporting.

Disclosure  controls and procedures are controls and other  procedures  that are
designed to ensure that  information  required to be disclosed in the  Company's
reports filed or submitted  under the Exchange Act is (1)  recorded,  processed,
summarized and reported, within the time periods specified in the Securities and
Exchange  Commission's  rules and forms and (2) accumulated and  communicated to
management,  including  the  Company's  CEO,  as  appropriate,  to allow  timely
decisions regarding required disclosure.






                                       18


<PAGE>

                                    PART III

ITEM 9 - DIRECTORS, EXECUTIVE OFFICERS, PROMOTERS AND CONTROL PERSONS;

     COMPLIANCE WITH SECTION 16(A) OF THE EXCHANGE ACT

The Executive  Officers and Directors and their  respective  ages as of December
31, 2006 are as follows:

DIRECTORS:

Name of Director:          Age:       Director Since
----------------------    ------     --------------------
S. Mort Zimmerman           79        April 16, 1984
Fred M. Updegraff           72        April 16, 1984
Stephen G. Wesstrom         57        April 16, 1984


EXECUTIVE OFFICERS:

Executive Officer:           Age:           Office:          Officer Since
------------------------  -------     --------------------  ---------------
S. Mort Zimmerman           79        President and Chief
                                      Executive Officer      April 16, 1984

Fred M. Updegraff           72        Vice President, CFO    April 16, 1984
                                            Treasurer


BACKGROUND:

S. Mort Zimmerman:  Mr. Zimmerman has been Chairman of the Board,  President and
Chief Operating  Officer of the Company since its April 16, 1984. From that time
until 2005 he also served as its Chief Executive Officer. Throughout his career,
Mr.  Zimmerman has been both a prolific  inventor and  entrepreneur.  He holds a
number of United States Patents dating back to 1958. He has been responsible for
starting or acquiring  numerous companies and has served as Chairman of several,
including the Intercontinental  Manufacturing Company, Video Science Technology,
Inc. and four  independent  banking  institutions.  Mr. Zimmerman is also on the
Board of Directors for Electric & Gas  Technology,  Inc. Mr.  Zimmerman  holds a
Bachelor  of  Science  in  Electrical  Engineering  from  Pacific  International
University, and has also attended Georgia Institute of Technology and Oglethorpe
University.

Fred M.  Updegraff:  Mr.  Updegraff  served as Vice  President,  Chief Financial
Officer,  and  Treasurer of the Company from 1986.  He has served as a member of
the Board of Directors  since 1986 as well.  Mr.  Updegraff  also served as Vice
President and Treasurer of Electric & Gas




                                       19
<PAGE>
<TABLE>
<CAPTION>

Technology, Inc. from 1985 thru 2005. Prior to joining DOL, Mr. Updegraff served
as Vice President of a manufacturing company engaged in the manufacture of brass
valves for the  plumbing  industry.  Mr.  Updegraff  holds  Bachelor  Degrees in
Business Administration and Education.

Committees

The Company does not have a  compensation  committee.  Decisions  concerning the
compensation of our executive officers are made by the Board of Directors.

The Company has made no Long Term Compensation payouts (LTIP or other).

The  Board  of  Directors  serves  as the  audit  committee.  There  is no audit
committee  financial expert serving on the audit committee.  However,  the audit
committee has the authority to hire a financial  expert any time it has the need
for expert financial advice.

Code of Ethics

In  connection  with the filing of this Form  10-KSB,  we have adopted a "Senior
Financial  Officers - Code of Ethics"  that applies to all DOL  Resources,  Inc.
employees and Board of Directors,  including our principal executive officer and
principal financial officer, or persons performing similar functions.  A copy of
our Code of Ethics is attached as an Exhibit to this Form 10-KSB.  Copies of our
Code of Business Conduct and Ethics will be provided free of charge upon written
request to Mr. Fred Updegraff at 3233 W. Kingsley Road, Garland, Texas 75041.


ITEM 10 - EXECUTIVE COMPENSATION

The table below  summarizes all  compensation  awarded to, earned by, or paid to
the executive officers of the Company by any person for all services rendered in
any  capacity to DOL  Resources,  Inc. for the present  fiscal  year.


                                                                      Long Term Compensation
                                  Annual Compensation        Awards              Payouts
                                                                   Number of
                                                                   Shares        Long-term
Name or                                    Other      Restricted   Covered by    Incentive
Principal                                  Annual       Stock      Option        Plan        All Other
Position           Year  Salary   Bonus  Compensation  Awards      Grant         Payout     Compensation
--------           ----  ------   -----  ------------  ------      -----         ------     ------------
<S>                <C>   <C>      <C>    <C>           <C>         <C>           <C>        <C>

S. Mort Zimmerman 2005   $ -      $ -    $ -           $  -        $ -           $ -        $ -
Fred M. Updegraff 2005   $ -      $ -    $ -           $  -        $ -           $ -        $ -

S. Mort Zimmerman 2006   $ -      $ -    $ -           $  -        $ -           $ -        $ -
Fred M. Updegraff 2006   $ -      $ -    $ -           $  -        $ -           $ -        $ -

</TABLE>




                                       20
<PAGE>

ITEM 11 - SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

Principal Shareholders

As of January 31, 2006, there are 25,500,000 shares of Common Stock issued.  And
the following  table  utilizes this number as the  denominator  in setting forth
information as of the date of this Annual Report concerning: (i) each person who
is known by us to own beneficially more than 5% of our outstanding Common Stock;
(ii) each of our executive officers,  directors and key employees; and (iii) all
executive  officers and directors as a group.  Common Stock not  outstanding but
deemed  beneficially  owned by virtue of the right of an  individual  to acquire
shares within sixty (60)days is treated as outstanding only when determining the
amount and percentage of Common Stock owned by such individual. Except as noted,
each person or entity has sole voting and sole investment  power with respect to
the shares of Common Stock shown.

                                   Amount and Nature of                Per cent
Name                               Beneficial Ownership                Of Class

Glauber Management Co.              5,672,630                            22.7%
3233 West Kingsley Road             Owned directly
Garland, Texas 75041

Interfederal Capital, Inc.          5,000,000                            20.0%
3233 West Kingsley Road             Owned directly
Garland, Texas 75041

Electric & Gas Technology, Inc.     4,966,471                            19.9%
3233 West Kingsley Road             Owned directly
Garland, Texas 75041


ITEM 12 - CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

During the year ended  December 31, 2002,  Glauber  Management  Company,  a 22.7
shareholder,  acquired the oil and gas properties of the Company with a net book
value of $570,730 and the accounts  receivable balance of $7,454 in exchange for
the  assumption  of the note  payable  to bank of  $263,000  and the  payable to
Glauber Management Company of $354,030. A gain on sale of $38,846 was recorded.

During the year ended  December  31,  2002,  Glauber  Management  Company made a
principle  payment of $62,000  and  interest  expense  payment of $19,183 on the
Company's note payable to bank.

Management  owns  10,500  shares of voting  common  stock of the  Company  as of
December 31, 2006.



                                       21
<PAGE>


ITEM 13 - EXHIBITS, LISTS AND REPORTS ON FORM 8-K

     (a) Exhibits.

  14        Code Ethics

  31.1      Certification of Chief Executive Officer

  31.2      Certification of Chief Financial Officer

  32.1      Certification  of Chief  Executive  Officer and  Principal
            Accounting Officer





ITEM 14 - PRINCIPAL ACCOUNTANT FEES AND SERVICES

The following  information  concerns the  aggregate  fees billed for each of the
last two fiscal  years for  professional  services  rendered by Turner,  Stone &
Company, L.L.P..

                                              2006                   2005
                                             --------               ------
     1. Audit Fees                           $21,253               $    0
     2. Audit-Related Fees                         0                    0
     3. Tax Fees                                   0                    0
     4. All Other Fees*                            0                    0

----------
* There were no other fees billed to the Company by its principal accountant for
the last two fiscal years for any products or services not covered in items 1, 2
or 3 above.

The  category of "Audit  fees"  includes  fees for our annual  audit,  quarterly
reviews and services  rendered in connection  with  regulatory  filings with the
SEC, such as the issuance of comfort letters and consents.

The category of  "Audit-related  fees"  includes  employee  benefit plan audits,
internal control reviews and accounting consultation.

The  category  of  "Tax  fees"  includes   consultation   related  to  corporate
development activities. All above audit services, audit-related services and tax
services were  pre-approved  by the Audit  Committee,  which  concluded that the
provision of such services by Turner Stone & Company, L.L.P. was compatible with
the  maintenance  of that firm's  independence  in the  conduct of its  auditing
functions.


                                       22
<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.

                                                      DOL RESOURCES, INC.

                                                      By: /s/ S. MORT ZIMMERMAN
                                                      -------------------------
                                                      S. Mort Zimmerman
                                                      Chairman of the Board,
                                                      President and Chief
                                                      Executive Officer

                                                      Date: April 17, 2007


In  accordance  with the Exchange  Act, this report has been signed below by the
following  persons on behalf of the  registrant and in the capacities and on the
dates indicated.


                                               By: /s/ Fred M. Updegraff
                                               -------------------------
                                               Fred M. Updegraff, Vice President
                                               Chief Financial Officer, and
                                               Treasurer

                                               Date: April 17, 2007









                                       23
<PAGE>



Exhibit 14

                               DOL RESOURCES, INC.

                                 CODE OF ETHICS


1.   Purpose

The Board of Directors (the "Board") of DOL Resources,  Inc. (the "Company") has
adopted the  following  Code of Ethics (this  "Code") to apply to the  Company's
directors,  officers,  employees and  representatives.  This Code is intended to
focus directors,  officers,  employees and  representatives  on areas of ethical
risk,  provide  guidance to help them  recognize  and deal with ethical  issues,
provide mechanisms to report unethical conduct,  foster a culture of honesty and
accountability,  deter  wrongdoing and promote fair and accurate  disclosure and
financial reporting.

No code or policy can anticipate  every  situation that may arise.  Accordingly,
this Code is intended to serve as a source of guiding principles.

2.   Conduct and Behavior Standards

Each director,  officer,  employee and representative is expected to adhere to a
high standard of ethical  conduct.  The good name of the Company  depends on the
way directors,  officers, employees and representatives conduct business and the
way the public perceives that conduct.  Unethical actions,  or the appearance of
unethical actions, are not acceptable.  All employees are expected to contribute
to the success of Company by  performing  their jobs as required and  conducting
themselves in a  professional  manner  consistent  with the  company's  business
philosophy,  values and  standards  of business  conduct.  Employee  honesty and
integrity are essential to ethical business practices. Employees are required to
prepare all reports,  including  expense reports,  time cards, and sales reports
accurately  and  truthfully.  Additionally,  it is  essential  to  avoid  making
misrepresentations  or  dishonest  statements  to anyone  inside or outside  the
company.

Consumption  or being under the  influence  of  alcoholic  beverages  on company
premises  misuse  of  Company  property,   including  the  company's  equipment,
supplies,  e-mail,  intranet,  and computer and voicemail systems can constitute
unethical conduct. These tools and resources are intended to assist employees in
conducting  legitimate  company business,  and any other use of such property is
discouraged.

Any of the  following  conduct by any employee,  including  the Chief  Executive
Officer  ("CEO"),  Chief  Financial  Officer  ("CFO")  or  Corporate  Controller
("Controller"),  must be  reported  immediately  to the CEO,  unless  the CEO is
allegedly implicated in such conduct, in which case the report shall be conveyed
to the Board of Directors:

     Violation of the Company's revenue recognition policies and procedures,  or
     any other  company  policies or procedures  designed to insure full,  fair,


<PAGE>

     accurate,  timely and understandable  disclosure of company  information as
     required by the Securities and Exchange Commission, or any other applicable
     governmental law, rule or regulation.

     Failure to fully, fairly, accurately, understandably and timely disclose to
     the  appropriate  individual(s)  within the Company any and all information
     that relates to the company's  business,  operations or financial condition
     that may need to be reported or  disclosed to the  Securities  and Exchange
     Commission,  or pursuant to any other applicable  governmental law, rule or
     regulation.

     Misrepresentation,   concealment,   falsification  or  destruction  of  any
     documents  or  other  information   relating  to  the  Company's  business,
     operations  or financial  condition  that may be required to be reported or
     disclosed,  or  used  to  prepare  documents  required  to be  reported  or
     disclosed,  to the Securities and Exchange  Commission,  or pursuant to any
     other applicable governmental law, rule or regulation.

     Any other activity or conduct that could cause an  individual,  the Company
     or any of its officers or directors to violate any applicable  governmental
     law,  rule or  regulation  relating  to full,  fair,  accurate,  timely and
     understandable  disclosure of  information  required to be disclosed to any
     third person.

While the Company is concerned  with  maintaining  its  competitive  edge in the
industry,  only authorized Company employees should conduct market  intelligence
with  respect  to other  companies,  and only by  straightforward  legal  means.
Additionally, the reputation of Company products and services is built on merit,
not on the disparagement of competitors or their products.

3.   Integrity of Records and Public Reporting

Directors,  officers,  employees and representatives should promote the accurate
and reliable  preparation and  maintenance of the Company's  financial and other
records. Diligence in accurately preparing and maintaining the Company's records
allows  the  Company  to  fulfill  its  reporting  obligations  and  to  provide
stockholders,  governmental  authorities and the general public with full, fair,
accurate,  timely and  understandable  disclosure.  In this  regard,  directors,
officers,   employees  and   representatives   (where  applicable)  should:  (a)
accurately document and account for transactions on the books and records of the
Company; and (b) diligently maintain reports, vouchers, bills, invoices, payroll
and service  records,  business  measurement and  performance  records and other
essential data. Senior financial  officers also are responsible for establishing
and  maintaining  adequate  disclosure  controls  and  procedures  and  internal
controls and procedures,  including  procedures  designed to promote full, fair,
accurate,  timely  and  understandable  disclosure  in  reports  filed  with the
Securities and Exchange Commission and other public communications.

<PAGE>


4.   Conflicts of Interest

A conflict of  interest is  generally  any  activity  that is, or appears to be,
opposed to the best  business  interests  of  Company.  Any actual or  perceived
conflict of interest shall be reported immediately to the CEO, unless the CEO is
alleged to be involved or implicated, in which case the report shall be conveyed
directly to the Audit Committee Chairman.

Employees  shall not directly or indirectly  work or consult for a competitor or
engage  in  activity  that  is  competitive  with  Company  business   interests
(including working for a Company vendor). It is never acceptable for an employee
to utilize Company customer lists or contacts to market their own or third-party
goods and  services,  even if they are not  competing  with Company  products or
services.

Employees shall avoid having a material  financial interest in any company where
that interest might conflict with Company business concerns.

Employees are permitted to give or accept gifts and/or  favored  treatment  only
within the  parameters  stated  below.  However  bribes and kickbacks are in all
circumstances  absolutely  not  allowed.  Receipt or provision of money is never
allowed  (regardless  of  the  amount).  Following  are  guidelines  to  use  in
determining what is and is not considered appropriate by Company in this area:

     Personal  gifts  or  favored   treatment  that  are  expressly  or  tacitly
     conditional  to  obtaining  business  in  exchange  for the gift or favored
     treatment  are never  permitted.  No  management  personnel or employees of
     Company  may  take or give  bribes  or  kickbacks  from or to  contractors,
     subcontractors, consultants, vendors, suppliers, competitors or customers.

     Provided they are 1) consistent with Company business practices, 2) they do
     not violate  applicable laws, and 3) public  disclosure would not embarrass
     Company,  the following gifts or favored treatment may be accepted or given
     by Company employees:

     --   Reasonable  meals or  entertainment  as long as they  meet  the  above
          criteria;

     --   Lodging or airfare as long as they meet the above criteria,  have been
          approved by an ELT member,  coordinated by Company personnel,  and are
          consistent with Company's travel policies;

     --   Speaking fees or other fees received by a Company  employee or paid to
          a third party by Company as long as they meet the above criteria;

     --   Gifts of equipment,  goods,  services,  gratuities (other than money),
          benefits,  vacation,  discounts  and the  like  must  meet  the  above
          criteria AND must be approved as follows:

          If value is equal to or less than US$100 per third party per  calendar
          year - Need approval of employee's Director level manager. If value is

<PAGE>

          greater  than  US$100 but equal to or less than US$200 per third party
          per calendar year - Need approval of employee's  Senior Director level
          manager.  If value is greater than US$200 per third party per calendar
          year - Need approval of the CEO.

Company expects employees to devote full attention to their work, and therefore
discourages other employment outside Company. No Company employee, whether full
time or part time, may engage in outside work or services for an actual or
potential customer, competitor or vendor under any circumstances. An employee
may engage in outside activities at companies not prohibited by the foregoing,
with written approval from the Board.

5.   Corporate Opportunities

Directors,  officers,  employees  and  representatives  must avoid any conflicts
regarding corporate opportunities between themselves and the Company. Directors,
officers,  employees and  representatives  are  prohibited  from: (a) taking for
themselves personally opportunities related to the Company's business; (b) using
the  Company's  property,  information,  or position for personal  gain;  or (c)
competing  with  the  Company  for  business  opportunities.   Specifically,  no
director, officer, employee or representatives shall make any investment, accept
any position or benefits, participate in any transaction or business arrangement
or otherwise act in a manner that  competes with the Company  unless such person
makes full disclosure of all facts and  circumstances  to, and obtains the prior
written approval of the Board.

6.   Confidentiality

Directors,   officers,   employees  and  representatives   should  maintain  the
confidentiality  of  information  entrusted to them by the Company and any other
confidential information about the Company, its business, customers or suppliers
that comes to them, from whatever  source,  except when disclosure is authorized
or legally  mandated.  For  purposes  of this Code,  "confidential  information"
includes  all  non-public  information  relating to the Company,  its  business,
customers, suppliers or employees.

Employees shall generally avoid conducting  Company business with family members
or other significant relationships,  or taking any business action that benefits
a family member or significant relationship.  For example, if a Company employee
has purchasing  responsibility  for Company,  they should avoid dealing with any
vendor that  employs an immediate  family  member or  significant  relationship.
Similarly,  employees  should also be sensitive to the  potential  compromise of
Company confidential  information and the appearance of divided loyalty that can
occur when family  members,  or others who are close to the  employee,  work for
Company competitors.

<PAGE>


7.   Compliance with Laws, Rules and Regulations

Since good  judgment is a  fundamental  basis of  everything  the Company  does,
understanding  our  ethical  and  legal  parameters  can  only  strengthen  that
judgment.  We have a responsibility to follow applicable laws and regulations in
all  locations  where we do  business.  Instances  where the law is not explicit
require  using good  judgment,  adhering to the spirit of the law, and following
the principles of honesty, integrity, and common sense. Also, on occasions where
local law is in  conflict  with this  Code,  local  law will  apply.  Directors,
officers,  employees and  representatives  shall comply with all laws, rules and
regulations   applicable  to  the  Company,   including  insider  trading  laws.
Transactions in Company securities are governed by the federal securities laws.


8.   Compliance with Code of Conduct

If you know of or suspect a violation of applicable  laws,  rules or regulations
or this Code,  you must  immediately  report that  information to any of (i) the
General  Counsel  or (ii) any  member of the  Board.  No one will be  subject to
retaliation because of a good faith report of a suspected violation.  Violations
of this Code may result in disciplinary  action, up to and including  discharge.
The Board shall determine,  or shall designate appropriate persons to determine,
appropriate action in response to violations of this Code.

9.   Waivers

Any waivers of this Code must be approved by the Board.




Exhibit 31.1
                                 CERTIFICATIONS

I, S. Mort Zimmerman, certify that:

1. I have reviewed this Annual Report on Form 10-KSB of DOL Resources, Inc.;

2. Based on my knowledge, this report does not contain any untrue statement of a
material fact or omit to state a material fact  necessary to make the statements
made, in light of the  circumstances  under which such statements were made, not
misleading with respect to the period covered by this report;

3.  Based  on my  knowledge,  the  financial  statements,  and  other  financial
information included in this report, fairly present in all material respects the
financial  condition,  results of operations and cash flows of the registrant as
of, and for, the periods presented in this report;

4.  The  registrant's  other  certifying  officer  and  I  are  responsible  for
establishing and maintaining  disclosure  controls and procedures (as defined in
Exchange Act Rules 13a-15(e) and 15d-15(e)) for the registrant and have:

(a)  Designed such disclosure controls and procedures, or caused such disclosure
     controls and  procedures to be designed  under our  supervision,  to ensure
     that  material  information  relating  to  the  registrant,  including  its
     consolidated  subsidiaries,  is made  known to us by  others  within  those
     entities,  particularly  during the  period in which  this  report is being
     prepared;
(b)  Designed such internal  control over  financial  reporting,  or caused such
     intrernal  control  over  financial  reporting  to  be  designed  under  my
     supervision,  to provide reasonable  assurance regarding the reliability of
     financial  reporting  and  the  preparation  of  financial  statements  for
     external  purposes  in  accordance  with  generally   accepted   accounting
     principles.
(c)  Evaluated the  effectiveness  of the registrant's  disclosure  controls and
     procedures  and  presented  in  this  report  our  conclusions   about  the
     effectiveness of the disclosure  controls and procedures,  as of the end of
     the period covered by this report based on such evaluation; and
(d)  Disclosed in this report any change in the  registrant's  internal  control
     over financial  reporting that occurred during the registrant's most recent
     fiscal  quarter (the  registrant's  fourth fiscal quarter in the case of an
     annual report) that has  materially  affected,  or is reasonable  likely to
     materially  affect,  the  registrant's   internal  control  over  financial
     reporting; and

5.  The  registrant's  other  certifying  reporting;  and  officer  and  I  have
disclosed,  based  on our  most  recent  evaluation  of  internal  control  over
financial reporting, to the registrant's auditors and the audit committee of the
registrant's   board  of  directors  (or  persons   performing   the  equivalent
functions):  (a) All  significant  deficiencies  and material  weaknesses in the
design or  operation  of internal  control over  financial  reporting  which are
reasonably  likely to  adversely  affect  the  registrant's  ability  to record,
process, summarize and report financial information;  and (b) Any fraud, whether
or not  material,  that  involves  management  or  other  employees  who  have a
significant role in the registrant's internal control over financial reporting.




Date: April 17, 2007                           /s/ S. MORT ZIMMERMAN
                                            -----------------------------------
                                               S. Mort Zimmerman
                                               Chairman of the Board, President
                                               and Chief Executive Officer


<PAGE>


Exhibit 31.2
                                 CERTIFICATIONS

I, Fred M. Updegraff, certify that:

1. I have reviewed this Annual Report on Form 10-KSB of DOL Resources, Inc.;

2. Based on my knowledge, this report does not contain any untrue statement of a
material fact or omit to state a material fact  necessary to make the statements
made, in light of the  circumstances  under which such statements were made, not
misleading with respect to the period covered by this report;

3.  Based  on my  knowledge,  the  financial  statements,  and  other  financial
information included in this report, fairly present in all material respects the
financial  condition,  results of operations and cash flows of the registrant as
of, and for, the periods presented in this report;

4.  The  registrant's  other  certifying  officer  and  I  are  responsible  for
establishing and maintaining  disclosure  controls and procedures (as defined in
Exchange Act Rules 13a-15(e) and 15d-15(e)) for the registrant and have:

(a)  Designed such disclosure controls and procedures, or caused such disclosure
     controls and  procedures to be designed  under our  supervision,  to ensure
     that  material  information  relating  to  the  registrant,  including  its
     subsidiaries,  is  made  known  to  us by  others  within  those  entities,
     particularly during the period in which this report is being prepared;

(b)  Designed such internal  control over  financial  reporting,  or caused such
     intrernal  control  over  financial  reporting  to  be  designed  under  my
     supervision,  to provide reasonable  assurance regarding the reliability of
     financial  reporting  and  the  preparation  of  financial  statements  for
     external  purposes  in  accordance  with  generally   accepted   accounting
     principles.


(c)  Evaluated the  effectiveness  of the registrant's  disclosure  controls and
     procedures  and  presented  in  this  report  our  conclusions   about  the
     effectiveness of the disclosure  controls and procedures,  as of the end of
     the period covered by this report based on such evaluation; and

(d)  Disclosed in this report any change in the  registrant's  internal  control
     over financial  reporting that occurred during the registrant's most recent
     fiscal  quarter (the  registrant's  fourth fiscal quarter in the case of an
     annual report) that has  materially  affected,  or is reasonably  likely to
     materially  affect,  the  registrant's   internal  control  over  financial
     reporting; and

5. The registrant's other certifying officer and I have disclosed,  based on our
most recent  evaluation of internal  control over  financial  reporting,  to the
registrant's  auditors  and the audit  committee  of the  registrant's  board of
directors (or persons performing the equivalent functions):

(a)  All  significant  deficiencies  and  material  weaknesses  in the design or
     operation of internal control over financial reporting which are reasonably
     likely to adversely  affect the  registrant's  ability to record,  process,
     summarize and report financial information; and

(b)  Any fraud,  whether or not  material,  that  involves  management  or other
     employees who have a significant role in the registrant's  internal control
     over financial reporting.


Date: April 17, 2007                     /s/ FRED M. UPDEGRAFF
                                         -------------------------------
                                         Fred M. Updegraff
                                         Vice President, Chief Financial
                                         Officer, and Treasurer





CERTIFICATION, CHAIRMAN OF THE BOARD & PRESIDENT

                                                                    Exhibit 32.1


DOL RESOURCES, INC.

CERTIFICATION PURSUANT TO
SECTION 1350, CHAPTER 63 OF TITLE 18, UNITED STATES CODE,
AS ADOPTED PURSUANT TO
SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

We, S. Mort  Zimmerman,  Chief Executive  Officer and Fred M.  Updegraff,  Chief
Financial Officer of DOL Resources,  Inc. (the "Company"),  certify, pursuant to
Section 1350, Chapter 63 of Title 18, United States Code, as adopted pursuant to
Section 906 of the Sarbanes-Oxley Act of 2002, that:

(1) The Annual Report on Form 10-KSB of the Company for the year ended  December
31, 2005 (The "Report") fully complies with the requirements of Section 13(a) or
15(d) of the Securities Exchange Act of 1934 (15 U.S.C. 78m or 78o(d)); and

(2) The  information  contained in the Report fairly  presents,  in all material
respects, the financial condition and results of operations of the Company.

DATE: April 17, 2007.

                                       /s/ S. MORT ZIMMERMAN
                                      ------------------------------------------
                                      S.Mort Zimmerman, Chairman of the Board,
                                      and Chief Executive Officer
                                       /s/ FRED M. UPDEGRAFF
                                      ------------------------------------------
                                      Fred M. Updegraff,
                                      Vice President, Chief Financial
                                      Officer, and Treasurer