----

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| Nevada                                                         |   | 27-3120288                                 |
|----------------------------------------------------------------|--------|--------------------------------------------|
| (State or other jurisdiction of incorporation or organization) |   |  (I.R.S. Employer Identification No.) |
|                                                           |   |                                       |
| 650 Sweet Bay AvenuePlantation, Florida                        |   |  33324                                |
|  (Address of principal executive offices)                 |   | (Zip Code)                                 |

| Large accelerated filer o                                                                                  | Accelerated filer  o         |
|----------------------------------------------------------------------------------------------------------------------|----------------------------------------|
| Non-accelerated filer  o (Do not check if a smaller reporting company)       | Smaller reporting company  x |

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|          |                                                                                                                                                                                              |  Pages |
|---------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------------|
| Part I        | FINANCIAL INFORMATION                                                                                                                                                                             |        |
|          |                                                                                                                                                                                              |        |
| Item 1.       | Financial Statements.                                                                                                                                                                             | 3           |
|          |                                                                                                                                                                                              |        |
|          | CONDENSED BALANCE SHEETS AS OF SEPTEMBER 30, 2010 (UNAUDITED) AND DECEMBER 31, 2009                                                                                                               |   4    |
|          |                                                                                                                                                                                              |        |
|          | CONDENSED STATEMENTS OF OPERATIONS FOR THE THREE AND NINE MONTH PERIODS ENDED SEPTEMBER 30, 2010 (UNAUDITED), AND THE PERIOD FROM DECEMBER 31, 2009 (INCEPTION) TO SEPTEMBER 30, 2010 (UNAUDITED) |   5    |
|          |                                                                                                                                                                                              |        |
|          | CONDENSED STATEMENT OF CHANGES IN STOCKHOLDERS’ DEFICIENCY FOR THE PERIOD FROM DECEMBER 31, 2009 (INCEPTION) TO SEPTEMBER  30, 2010 (UNAUDITED)                                   |   6    |
|          |                                                                                                                                                                                              |        |
|          | CONDENSED STATEMENTS OF CASH FLOWS FOR THE NINE MONTH PERIOD ENDED SEPTEMBER 30, 2010 (UNAUDITED), AND THE PERIOD FROM DECEMBER 31, 2009 (INCEPTION) TO SEPTEMBER 30, 2010 (UNAUDITED)            |   7    |
|          |                                                                                                                                                                                              |        |
|          | CONDENSED NOTES TO FINANCIAL STATEMENTS (UNAUDITED)                                                                                                                                               |   8-10 |
|          |                                                                                                                                                                                              |        |
| Item 2.       | Management’s Discussion and Analysis of Financial Condition and Results of Operations.                                                                                                      |   11   |
|          |                                                                                                                                                                                              |        |
| Item 3.       | Quantitative and Qualitative Disclosures about Market Risk.                                                                                                                                       |   13   |
|          |                                                                                                                                                                                              |        |
| Item 4.       | Controls and Procedures.                                                                                                                                                                          |   14   |
|          |                                                                                                                                                                                              |        |
| Part II       | OTHER INFORMATION                                                                                                                                                                                 |        |
|          |                                                                                                                                                                                              |        |
| Item 1.       | Legal Proceedings                                                                                                                                                                                 |   14   |
|          |                                                                                                                                                                                              |        |
| Item 1A.      | Risk Factors                                                                                                                                                                                      |   14   |
|          |                                                                                                                                                                                              |        |
| Item 2.       | Unregistered Sales of Equity Securities and Use of Proceeds                                                                                                                                       |   14   |
|          |                                                                                                                                                                                              |        |
| Item 3.       | Defaults Upon Senior Securities                                                                                                                                                                   |   14   |
|          |                                                                                                                                                                                              |        |
| Item 4.  | (Removed and Reserved)                                                                                                                                                                            |   14   |
|          |                                                                                                                                                                                              |        |
| Item 5.       | Other Information                                                                                                                                                                                 |   14   |
|          |                                                                                                                                                                                              |        |
| Item 6.       | Exhibits                                                                                                                                                                                          |   14   |
|          |                                                                                                                                                                                              |        |
|          | Signatures                                                                                                                                                                                        |   15   |

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|   |   |                                                                                                                                                                                              |
|--------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| PAGE   | 4      | CONDENSED BALANCE SHEETS AS OF SEPTEMBER 30, 2010 (UNAUDITED) AND DECEMBER 31, 2009                                                                                                               |
|   |   |                                                                                                                                                                                              |
| PAGE   | 5      | CONDENSED STATEMENTS OF OPERATIONS FOR THE THREE AND NINE MONTH PERIODS ENDED SEPTEMBER 30, 2010 (UNAUDITED), AND THE PERIOD FROM DECEMBER 31, 2009 (INCEPTION) TO SEPTEMBER 30, 2010 (UNAUDITED) |
|   |   |                                                                                                                                                                                              |
| PAGE   | 6      | CONDENSED STATEMENT OF CHANGES IN STOCKHOLDERS’ DEFICIENCY FOR THE PERIOD FROM DECEMBER 31, 2009 (INCEPTION) TO SEPTEMBER  30, 2010 (UNAUDITED)                                   |
|   |   |                                                                                                                                                                                              |
| PAGE   | 7      | CONDENSED STATEMENTS OF CASH FLOWS FOR THE NINE MONTH PERIOD ENDED SEPTEMBER 30, 2010 (UNAUDITED), AND THE PERIOD FROM DECEMBER 31, 2009 (INCEPTION) TO SEPTEMBER 30, 2010 (UNAUDITED)            |
|   |   |                                                                                                                                                                                              |
| PAGES  | 8 - 10 | CONDENSED NOTES TO FINANCIAL STATEMENTS (UNAUDITED)                                                                                                                                               |
|   |   |                                                                                                                                                                                              |

----

| GSP -1, Inc.                                                             |   |
|--------------------------------------------------------------------------|--------|
| (A Development Stage Company)                                            |   |
| Condensed Balance Sheets                                                 |   |
|                                                                     |   |   |   |   |   |   |
|                                                                     |   | As of |   |   | As of |   |
|                                                                     |   | September 30, 2010 |   |   | December 31, 2009 |   |
|                                                                     |   | (Unaudited) |   |   |   |   |
| ASSETS                                                                   |   |
|                                                                     |   |   |   |   |   |   |
|   Total Assets                                                 |   | $ | - |   |   | $ | - |   |
|                                                                     |   |   |   |   |   |   |   |   |
| LIABILITIES AND STOCKHOLDERS' DEFICIENCY                                 |   |
|                                                                     |   |   |   |   |   |   |   |   |
| Current Liabilities                                                      |   |   |   |   |   |   |   |   |
| Accounts Payable                                                         |   | $ | 8,199 |   |   | $ | 830 |   |
| Total Liabilities                                                        |   |   | 8,199 |   |   |   | 830 |   |
|                                                                     |   |   |   |   |   |   |   |   |
| Commitments and Contingencies                                            |   |   | - |   |   |   | - |   |
|                                                                     |   |   |   |   |   |   |   |   |
| Stockholders'  Deficiency                                      |   |   |   |   |   |   |   |   |
| Preferred stock, $0.001 par value; 10,000,000 shares authorized,         |   |   |   |   |   |   |   |   |
| none issued  and outstanding                                   |   |   | - |   |   |   | - |   |
| Common stock, $0.001 par value; 100,000,000 shares authorized, 1,000,000 |   |   | 1,000 |   |   |   | 1,000 |   |
| and 1,000,000 issued and outstanding, respectively                       |   |   |   |   |   |   |   |   |
| Additional paid-in capital                                               |   |   | - |   |   |   | - |   |
| Deficit accumulated during the development stage                         |   |   | (9,199 | ) |   |   | (1,830 | ) |
| Total Stockholders' Deficiency                                           |   |   | (8,199 | ) |   |   | (830 | ) |
|                                                                     |   |   |   |   |   |   |   |   |
| Total Liabilities and Stockholders' Deficiency                           |   | $ | - |   |   |   | - |   |

----

| GSP -1, Inc.                                      |   |
|---------------------------------------------------|--------|
| (A Development Stage Company)                     |   |
| Condensed Statements of Operations                |   |
| (Unaudited)                                       |   |
|                                              |   |
|                                              |   |   |   |   |   |   |   | For the period from |   |
|                                              |   | For thethree months |   |   | For thenine months |   |   | December 31, 2009 |   |
|                                              |   | endedSeptember 30, 2010 |   |   |  endedSeptember 30, 2010 |   |   | (Inception) to September 30, 2010 |   |
| Operating Expenses                                |   |   |   |   |   |   |   |   |   |
| Professional fees                                 |   | $ | 7,369 |   |   | $ | 7,369 |   |   | $ | 8,199 |   |
| Stock compensation                                |   |   | - |   |   |   | - |   |   |   | 1,000 |   |
| Total Operating Expenses                          |   |   | 7,369 |   |   |   | 7,369 |   |   |   | 9,199 |   |
|                                              |   |   |   |   |   |   |   |   |   |   |   |   |
| LOSS FROM OPERATIONS BEFORE INCOME TAXES          |   |   | (7,369 | ) |   |   | (7,369 | ) |   |   | (9,199 | ) |
|                                              |   |   |   |   |   |   |   |   |   |   |   |   |
| Provision for Income Taxes                        |   |   | - |   |   |   | - |   |   |   | - |   |
|                                              |   |   |   |   |   |   |   |   |   |   |   |   |
| NET LOSS                                          |   | $ | (7,369 | ) |   | $ | (7,369 | ) |   | $ | (9,199 | ) |
|                                              |   |   |   |   |   |   |   |   |   |   |   |   |
| Net Loss Per Share  - Basic and Diluted |   |   | -0.01 |   |   |   | -0.01 |   |   |   |   |   |
|                                              |   |   |   |   |   |   |   |   |   |   |   |   |
| Weighted average number of shares outstanding     |   |   | 1,000,000 |   |   |   | 1,000,000 |   |   |   |   |   |
|   during the period - Basic and Diluted |   |   |   |   |   |   |   |   |   |   |   |   |

----

| GSP -1, Inc.                                                            |   |
|-------------------------------------------------------------------------|--------|
| (A Development Stage Company)                                           |   |
| Condensed Statement of Changes in Stockholders' Deficiency              |   |
| For the period from December 31, 2009 (Inception) to September 30, 2010 |   |
| (Unaudited)                                                             |   |
|                                                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   | Deficit |   |   |   |   |
|                                                                    |   | Preferred Stock |   |   | Common stock |   |   | Additional |   |   | accumulated during |   |   | Total |   |
|                                                                    |   |   |   |   |   |   |   |   |   |   |   |   |   | paid-in |   |   | development |   |   | Stockholders' |   |
|                                                                    |   | Shares |   |   | Amount |   |   | Shares |   |   | Amount |   |   | capital |   |   | stage |   |   | Deficiency |   |
|                                                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|  Common stock issued for services to founder ($0.001/share)        |   |   | - |   |   | $ | - |   |   |   | 1,000,000 |   |   | $ | 1,000 |   |   | $ | - |   |   | $ | - |   |   | $ | 1,000 |   |
|                                                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|  Net loss per share for the one day period ended December 31, 2009 |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | (1,830 | ) |   |   | (1,830 | ) |
|                                                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Balance, December 31, 2009                                              |   |   | - |   |   |   | - |   |   |   | 1,000,000 |   |   |   | 1,000 |   |   |   | - |   |   |   | (1,830 | ) |   |   | (830 | ) |
|                                                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|  Net loss for the nine month period ended September 30, 2010       |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | (7,369 | ) |   |   | (7,369 | ) |
|                                                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|  Balance, September 30, 2010                                       |   |   | - |   |   | $ | - |   |   |   | 1,000,000 |   |   | $ | 1,000 |   |   | $ | - |   |   | $ | (9,199 | ) |   | $ | (8,199 | ) |

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| GSP -1, Inc.                                                     |
|------------------------------------------------------------------|
| (A Development Stage Company)                                    |
| Condensed Statements of Cash Flows                               |
| (Unaudited)                                                      |
|                                                             |   |   |   |   |   |   |
|                                                             |   |   |   |   |   |   |
|                                                             |   |   |   |   | For theperiod from |   |
|                                                             |   | For thenine monthperiod ended |   |   | December 31, 2009 (Inception) to |   |
|                                                             |   | September 30, 2010 |   |   |  September 30, 2010 |   |
| Cash Flows From Operating Activities:                            |   |   |   |   |   |   |
| Net Loss                                                         |   | $ | (7,369 | ) |   | $ | (9,199 | ) |
| Adjustments to reconcile net loss to net cash used in operations |   |   |   |   |   |   |   |   |
| Common stock issued for services                                 |   |   | - |   |   |   | 1,000 |   |
| Changes in operating assets and liabilities:                     |   |   |   |   |   |   |   |   |
| Increase in accounts payable and accrued expenses                |   |   | 7,369 |   |   |   | 8,199 |   |
| Net Cash Used In Operating Activities                            |   |   | - |   |   |   | - |   |
|                                                             |   |   |   |   |   |   |   |   |
| Cash Flows From Investing Activities:                            |   |   | - |   |   |   | - |   |
|                                                             |   |   |   |   |   |   |   |   |
| Cash Flows From Financing Activities:                            |   |   | - |   |   |   | - |   |
|                                                             |   |   |   |   |   |   |   |   |
| Net Increase in Cash                                             |   |   | - |   |   |   | - |   |
|                                                             |   |   |   |   |   |   |   |   |
| Cash at Beginning of Period                                      |   |   | - |   |   |   | - |   |
|                                                             |   |   |   |   |   |   |   |   |
| Cash at End of Period                                            |   | $ | - |   |   | $ | - |   |
|                                                             |   |   |   |   |   |   |   |   |
| Supplemental disclosure of cash flow information:                |   |   |   |   |   |   |   |   |
|                                                             |   |   |   |   |   |   |   |   |
| Cash paid for interest                                           |   | $ | - |   |   | $ | - |   |
| Cash paid for taxes                                              |   | $ | - |   |   | $ | - |   |

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| NOTE 1 | SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND ORGANIZATION |
|--------|-------------------------------------------------------------|

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| NOTE 2 | STOCKHOLDERS’ DEFICIENCY |
|--------|--------------------------------|

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|   | (i) | filing of Exchange Act reports, and |
|--------|-----|-------------------------------------|

|   | (ii) | consummating an acquisition. |
|--------|------|------------------------------|

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| Exhibit No. | Description                                                                       |   |
|-------------|-----------------------------------------------------------------------------------|--------|
| 31.1        | Section 302 Certification of Principal Executive and Financial Officer.      |   |
|        |                                                                              |   |
| 32.1        | Section 906 Certification of Principal Executive and Financial Officer. |   |

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|                               | GSP-1, INC. |                                      |
|------------------------------------|-------------|-------------------------------------------|
|                               |        |                                      |   |
| Date:  November 15, 2010 | By:         | /s/ Peter Goldstein                       |   |
|                               |        | Peter Goldstein                           |   |
|                               |        | President                                 |   |
|                               |        | Principal Executive and Financial Officer |   |

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| Exhibit No. | Description                                                                       |   |
|-------------|-----------------------------------------------------------------------------------|--------|
| 31.1        | Section 302 Certification of Principal Executive and Financial Officer.      |   |
|        |                                                                              |   |
| 32.1        | Section 906 Certification of Principal Executive and Financial Officer. |   |