UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549
                                   FORM 10-Q

[X]  QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES
     EXCHANGE ACT OF 1934

               For the quarterly period ended September 30, 2009

                                       OR

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

                       Commission file number: 001-32574

                              JK ACQUISITION CORP.

             (Exact name of registrant as specified in its charter)

                DELAWARE                         87-0745202
     (State or other jurisdiction of      (I.R.S. Employer Identification No.)
      incorporation or organization)

             4265 San Felipe
               Suite 1100
             Houston, Texas                         77027
     (Address of principal executive              (Zip Code)
                offices)

                                 (713) 968-9881
               Registrant's telephone number, including area code

Indicate by check mark whether the Registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Exchange Act during the past 12 months
(or for such shorter period that the Registrant was required to file such
reports), and (2) has been subject to such filing requirements for the past 90
days. Yes [X]  No

Indicate by check mark whether the registrant is large accelerated filer, an
accelerated filer, or a non-accelerated filer. See definition of "accelerated
filer and large accelerated filer" in Rule 12b-2 of the Exchange Act. (Check
one):
        Large accelerated filer [ ]                       Accelerated filer [ ]
                             Non-accelerated filer [X]

Indicate by check mark whether the Registrant is a shell company (as defined in
Rule 12b-2 of the Exchange Act). Yes [X]  No

As of October 26, 2009, 5,505,556 shares of the registrant's common stock, par
value $0.001 per share, were outstanding.




<PAGE>

                              JK ACQUISITION CORP.
                               TABLE OF CONTENTS

                                                                           Page
PART I - FINANCIAL INFORMATION
Item 1. Financial Statements                                                  1
Balance Sheets (Unaudited)                                                    1
Statements of Expenses (Unaudited)                                            2
Statements of Cash Flows (Unaudited)                                          4
Notes to Unaudited Financial Statements                                       6
Item 2. Management's Discussion and Analysis of Financial Condition
   and Results of Operations                                                  7
Item 3. Quantitative and Qualitative Disclosures about Market Risk            8
Item 4. Controls and Procedures                                               8
PART II - OTHER INFORMATION
Item 1. Legal Proceedings                                                     9
Item 1a. Risk Factors                                                         9
Item 5. Other Information                                                     9
Item 6. Exhibits                                                              9
SIGNATURES                                                                   10
INDEX TO EXHIBITS                                                            11
  Certification Pursuant to Section 302
  Certification Pursuant to Section 302
  Certification Pursuant to Section 906

<PAGE>


                         PART I - FINANCIAL INFORMATION
ITEM 1. FINANCIAL STATEMENTS
                              JK ACQUISITION CORP.
                         (A DEVELOPMENT STAGE COMPANY)
                                 BALANCE SHEETS
                                  (UNAUDITED)
                                            September 30,      December 31,
                                                2009                2008
                                            -----------      --------------
Current assets:
Cash                                        $        10       $       171
                                            -----------       -----------
Total current assets                                 10               171
                                            -----------       -----------
    Total Assets                            $        10       $       171
                                            ===========       ===========

                 LIABILITIES AND STOCKHOLDERS' (DEFICIT)
Current liabilities:

Accounts payable and accrued expenses       $    27,185       $    26,038
Due to related parties                           87,482            51,254
Debt-due to shareholders                        974,647           941,282
                                            -----------       -----------
      Total Liabilities                       1,089,314         1,018,574

Stockholders' (deficit):
Preferred stock, $0.0001 par value,
  1,000,000 shares authorized, none
  issued and outstanding              -               -                  -
Common stock, $0.0001 par value,
  50,000,000 shares authorized,
  5,505,556 shares issued and
  outstanding at September 30, 2009
  and December 31, 2008, respectively               551                551
Paid-in capital                                 928,182            928,182
Deficit accumulated during the
  development stage                          (2,018,037)        (1,947,136)
                                            -----------        -----------
    Total Stockholders' Deficit              (1,089,304)        (1,018,403)
                                            -----------        -----------
Total Liabilities and Stockholders'
  Deficit                                   $        10        $       171
                                            ===========        ===========

                  See notes to unaudited financial statements.

                                      -1-
<PAGE>

                              JK ACQUISITION CORP.
                         (A DEVELOPMENT STAGE COMPANY)
                            STATEMENTS OF EXPENSES
                                  (UNAUDITED)

                                                                   Inception
                   Three Months Ended      Nine Months Ended     (May 11, 2005)
                        September 30          September 30        to September
                      2009       2008       2009       2008         30, 2009
                     -------  ---------   ---------  ----------   ------------
Operating expenses:

General &
  administrative  $    8,266  $  34,973   $  34,673  $  170,162   $    947,808
Impairment of
  deferred trans-
  action costs             0          0           0           0      1,844,724
                     -------  ---------   ---------  ----------   ------------
Operating loss        (8,266)   (34,973)    (34,673)   (170,162)    (2,792,532)
                     -------  ---------   ---------  ----------   ------------

Other income (expense):
Interest Income            -          -           -     886,540      5,663,531
Interest Expense     (12,272)  (939,785)    (36,228)   (939,785)       (64,978)
Loss on extinguishment
  of debt                  -          -           -           -       (928,182)
Gain on settlement of
  debt                     -          -           -     662,720        662,720
Gain (loss) on
  derivative
  liabilities              -          -           -           -        203,596
                      ------  ---------   ---------  ----------   ------------
Total other income
  (expense)          (12,272)  (939,785)     (36,228)    609,475      5,536,687
                      ------  ---------   ---------  ----------   ------------

Net income (loss)    (20,538)  (974,758)     (70,901)    439,313      2,744,155

                                      -2-

<PAGE>
Income tax expense         -          -            -           -          5,692
                      ------  ---------   ---------  ----------   -------------
Net income (loss)    $(20,538)$(974,758)   $ (70,901) $  439,313   $  2,738,463
                     ========  ========   =========  ==========   ============

Earnings (loss) per share:
   Basic             $  (0.00) $  (0.18)  $   (0.01) $     0.08   $        n/a
                     ========  ========   =========  ==========   ============

   Diluted           $  (0.00) $  (0.18)  $   (0.01) $     0.01   $        n/a
                     ========  ========   =========  ==========   ============

Weighted average number
  of common shares
  outstanding:
     Basic          5,505,556 5,505,556   5,505,556   5,505,556            n/a
                    ========= =========   =========   =========   ============

     Diluted        5,505,556 5,505,556   5,505,556  35,790,906            n/a
                    ========= ========= ===========   =========   ============

                  See notes to unaudited financial statements.

                                      -3-
<PAGE>

                              JK ACQUISITION CORP.
                         (A DEVELOPMENT STAGE COMPANY)
                             STATEMENTS OF CASH FLOW

                           Nine Months Ended September 30,      Period from
                                                             Inception (May 11,
                                                                 2005) to
                                 2009          2008         September 30, 2009
                            -------------   ------------   -----------------
CASH FLOWS FROM OPERATING
  ACTIVITIES
    Net income (loss)       $     (70,901)   $       439,313  $    2,738,463
    Adjustments to reconcile
    net income (loss) to net
    cash used in operating
    activities:
      Investment income                 -           (886,540)     (5,663,531)
      Loss (Gain) on
      derivative liabilities            -                  -        (203,596)
      Gain on settlement of
      debt                              -           (662,720)       (662,720)
      Impairment of deferred
      transaction costs                 -                  -       1,828,626
      Loss on extinguishment
      of debt                           -            928,182         928,182
      Change in:
        Other current assets            -               (132)              -
        Accounts payable and
        accrued expenses            1,147           (161,441)        689,906
        Due to related party       36,228             34,103          87,481
                            -------------   ----------------   -------------
Net cash used in operating
  activities                      (33,526)          (309,235)       (257,189)

CASH FLOWS FROM INVESTING
  ACTIVITIES
    Deferred transaction
    costs                               -                  -      (1,828,626)
    Payment to trust account            -                  -     (76,532,404)
    Disbursements from trust
    account                             -         81,288,706      82,195,934
                             -------------   ---------------   -------------
Net cash provided by
  investing activities                  -         81,288,706       3,834,904

CASH FLOWS FROM FINANCING
  ACTIVITIES
    Gross proceeds from
    public offering                     -                  -      79,350,000
    Gross proceeds from
    private placement                   -                  -       2,000,004
    Proceeds from sale of
    stock                               -                  -          31,250
    Proceeds from sale of
    underwriter option                  -                  -             100
    Proceeds from advances
    from stockholders              33,365            103,182       1,303,647
    Payments on advances
    from stockholders                   -                  -        (329,000)

                                      -4-
<PAGE>
    Cash paid for offering
    costs                               -                  -      (4,743,110)
    Special dividend payment            -        (81,190,596)    (81,190,596)
                             -------------   ---------------   -------------
Net cash provided by
financing activities               33,365        (81,087,414)     (3,577,705)
                             -------------   ---------------   -------------
Net change in cash                   (161)          (107,943)             10
Cash at beginning of period           171            109,917               -
                             -------------   ---------------   -------------
Cash at end of period        $         10   $          1,974   $          10
                             =============   ===============   =============

Supplemental disclosures:
Cash paid for interest       $          -   $              -   $           -
Cash paid for income taxes              -                  -           7,228

Non-cash transactions:
Common stock subject to
  redemption                 $          -   $    (15,299,099)  $           -
Decrease in value of common
  stock subject to redemption           -           (629,606)              -
Conversion of Shareholder
Advances to Notes                      -             928,182         928,182


                  See notes to unaudited financial statements

                                      -5-
<PAG
<PAGE>

                              JK ACQUISITION CORP.
                         (A DEVELOPMENT STAGE COMPANY)
                         NOTES TO FINANCIAL STATEMENTS
                                  (UNAUDITED)

NOTE 1 - BASIS OF PRESENTATION

         The  accompanying  unaudited  interim  financial  statements  of  JK
Acquisition  Corp.  (also  hereinafter  referred  to  as "JK Acquisition" or the
"Company") have been prepared in accordance with accounting principles generally
accepted  in  the  United  States of America and the rules of the Securities and
Exchange  Commission ("SEC"), and should be read in conjunction with the audited
financial  statements  and  notes  thereto  contained in JK Acquisition's annual
report  filed with the SEC on Form 10-K for the year ended December 31, 2008. In
the  opinion  of  management,  all  adjustments,  consisting of normal recurring
adjustments,  necessary  for  a  fair presentation of financial position and the
results  of  operations  for  the  interim periods presented have been reflected
herein.  The  results  of  operations  for  interim  periods are not necessarily
indicative  of  the  results  to  be  expected  for  the full year. Notes to the
financial  statements  which  would  substantially  duplicate  the  disclosures
contained  in  the  audited financial statements for the year ended December 31,
2008  as  reported  in  the  Form  10-K  have  been  omitted.

DEVELOPMENT STAGE COMPANY

JK Acquisition Corp. has had no operations since inception and is a development
stage company.

NOTE 2-GOING CONCERN

         JK  Acquisition's  cash  position  as of September 30, 2009 is $10.  JK
Acquisition has outstanding payables of $27,185 as of September 30, 2009.  As of
September  30,  2009  due  to  related parties was $87,482.  As of September 30,
2009,  short-term  debt  due  to  shareholders  was  $974,647.

        Because  of  the  Company's current cash position versus its outstanding
payables and accruals, there is substantial doubt about the Company's ability to
continue  as  a  going  concern. The accompanying financial statements have been
prepared  assuming  the  Company will continue as a going concern. The future of
the  Company  is  dependent  upon the development of new business opportunities.
Management may need to raise additional funds via a combination of equity and/or
debt  offerings.  These financial statements do not include any adjustments that
might  arise  from  this  uncertainty.

NOTE 3 - DUE TO SHAREHOLDERS

       During  nine  months  ended September 30, 2009, the Company borrowed from
James  P.  Wilson  and  Keith  D. Spickelmier an aggregate amount of $33,365, in
order  to  pay certain outstanding Company payables.  Each of Messrs. Wilson and
Spickelmier  are  an  officer and a director of the Company.  Messrs. Wilson and
Spickelmier  had  previously  advanced  to  the Company an aggregate of $941,282
pursuant  to  the  terms  of  the  existing convertible promissory notes.  As of
September 30, 2009, the Company recorded $64,982 of accrued interest relating to
these  notes.

NOTE 4 - RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS

      JK Acquisition Corp. does not expect the adoption of recently issued
accounting pronouncements to have a significant impact on its results of
operations, financial position or cash flow.

NOTE 5 - SUBSEQUENT EVENTS

     The Company evaluated events up through October 22, 2009 and determined
that there are none to disclose.

                                      -6-

<PAGE>
ITEM  2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
OF  OPERATIONS.

          This Quarterly Report on Form 10-Q includes forward-looking statements
within the meaning of Section 27A of the Securities Act of 1933, as amended, and
Section  21E  of  the Securities Exchange Act of 1934, as amended. We have based
these  forward-looking  statements  on  our current expectations and projections
about  future  events,  and  we  assume  no  obligation  to  update  any  such
forward-looking  statements.  These  forward-looking  statements  are subject to
known  and  unknown risks, uncertainties and assumptions about us that may cause
our  actual results to be materially different from any future results expressed
or  implied  by such forward-looking statements. In some cases, you can identify
forward-looking  statements  by  terminology  such  as "may," "should," "could,"
"would,"  "expect,"  "plan," "anticipate," "believe," "estimate," "continue," or
the  negative  of  such  terms  or other similar expressions. Factors that might
cause  our  future  results to differ from those statements include, but are not
limited  to,  those  described  in  the  section  entitled "Risk Factors" of the
prospectus  filed with the Securities and Exchange Commission in connection with
our  initial  public  offering.  The  following  discussion  should  be  read in
conjunction  with  our  condensed financial statements and related notes thereto
included  elsewhere  in this report and with the section entitled "Risk Factors"
of  the  prospectus  filed  with  the  Securities  and  Exchange  Commission  in
connection  with  our  initial  public  offering.

RESULTS OF OPERATIONS

Comparison of Nine Months Ended September 30, 2009 and 2008

For  the  nine  months  ended  September 30, 2009, we had a net loss of $70,901,
compared to net income of $439,313 for the nine months ended September 30, 2008.
For the nine months ended September 30, 2009, we incurred $34,673 of general and
administrative  expenses  and  $36,228  interest expense as compared to the nine
months  ended  September  30,  2008,  when  we  incurred $170,162 of general and
administrative  expenses,  $939,785  of  interest  expense,  offset by a gain on
settlement of debt of $662,720 and interest income on the trust fund investments
of  $886,540.

Comparison of Three Months Ended September 30, 2009 and 2008

For the three months ended September 30, 2009, we had a net loss of $20,538,
compared to net loss of $974,758 for the three months ended September 30, 2008.
For the three months ended September 30, 2009, we incurred $8,266 of general and
administrative expenses and $12,272 of interest expense as compared to the three
months ended September 30, 2008, when we incurred $34,973 of general and
administrative expense and $939,785 of interest expense.

CHANGES IN FINANCIAL CONDITION

Liquidity and Capital Resources

          JK Acquisition's cash position as of September 30, 2009 is $10.  As of
September  30,  2009, JK Acquisition has outstanding payables of $27,185, due to
related  parties of $87,482 and short term debt due to shareholders of $974,647.

Because  of  the Company's current cash position versus its outstanding payables
and other short term liabilities, there is substantial doubt about the Company's
ability  to  continue  as a going concern. The accompanying financial statements
have  been  prepared  assuming the Company will continue as a going concern. The
future  of  the  Company  is  dependent  upon  the  development  of new business
opportunities.  Management  may need to raise additional funds via a combination
of  equity  and/or debt offerings. These financial statements do not include any
adjustments  that  might  arise  from  this  uncertainty.

During the nine months ended September 30, 2009, the Company borrowed from James
P. Wilson and Keith D. Spickelmier an aggregate amount of $33,365 in order to
pay certain outstanding Company payables. Each of Messrs. Wilson and Spickelmier
is an officer and a director of the Company. Messrs. Wilson and Spickelmier had
previously advanced to the Company an aggregate of $941,282 pursuant to the
terms of the existing convertible promissory notes for a total of $974,647 at
September 30, 2009.  As of September 30, 2009, the Company recorded $64,982 of
accrued interest relating to these notes which is included in Due to Related
Parties.

                                      -7-

<PAGE>
Off-Balance  Sheet  Arrangements

          Other  than  contractual  obligations incurred in the normal course of
business,  we  do  not  have  any  off-balance  sheet  financing arrangements or
liabilities,  guarantee  contracts,  retained  or  contingent  interests  in
transferred assets or any obligation arising out of a material variable interest
in  an  unconsolidated  entity.  We do not have any majority-owned subsidiaries.

ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK.

          Market  risk  is  a  broad  term  for the risk of economic loss due to
adverse  changes  in the fair value of a financial instrument. These changes may
be  the  result  of  various factors, including interest rates, foreign exchange
rates,  commodity  prices  and/or  equity prices. Our exposure to market risk is
limited  to  interest income sensitivity with respect to the funds placed in the
trust  account.  However, the funds held in our trust account have been invested
only in U.S. "government securities," defined as any Treasury Bill issued by the
United  States  having  a  maturity of one hundred and eighty days or less or in
money  market funds meeting certain conditions under Rule 2a-7 promulgated under
the  Investment  Company  Act  of 1940, so we are not deemed to be an investment
company  under  the  Investment Company Act. Thus, we are subject to market risk
primarily  through  the  effect  of  changes  in  interest  rates  on government
securities.  The  effect  of  other  changes,  such  as  foreign exchange rates,
commodity  prices and/or equity prices, does not pose significant market risk to
us.
ITEM 4. CONTROLS AND PROCEDURES.

Evaluation  of  Disclosure  Controls  and  Procedures
 We  carried  out  an  evaluation,  under the supervision of our Chief Executive
Officer  and  Chief  Financial  Officer,  of the effectiveness of our disclosure
controls  and  procedures  pursuant to Rule 13a-15 under the Securities Exchange
Act of 1934 as of the end of the period covered by this quarterly report. In the
course  of this evaluation, our management considered the material weaknesses in
our  internal  control  over  financial reporting discussed below. Based on that
evaluation,  our  Chief  Executive Officer and Chief Financial Officer concluded
that,  as  a  result  of  this  material  weakness,  our disclosure controls and
procedures  as  of  September  30, 2009, were not effective in ensuring that the
information required to be disclosed by us in reports filed under the Securities
Exchange  Act of 1934 is recorded, processed, summarized and reported within the
time  periods  specified  in  the  rules  and  forms  of  the  SEC.


DEFICIENCIES  IN  THE  SEGREGATION  OF  DUTIES.

The  role  and  duties  of  Chief  Executive  Officer,  Chairman of the Board of
Directors,  Secretary  ,Principal  Financial and Accounting Officer are held and
performed  by  one individual who is actively involved in the preparation of the
financial  statements,  and  therefore  cannot provide an independent review and
quality  assurance function within the accounting and financial reporting group.
Furthermore,  that  individual has wide-spread access to create and post entries
in  the  Company's  financial accounting system. There is a risk that a material
misstatement  of  the  financial  statements could be caused, or at least not be
detected  in  a  timely  manner,  due  to  insufficient  segregation  of duties.

To  address  the  material  weakness, we performed additional analysis and other
post-closing  procedures  in  an  effort  to  ensure  our consolidated financial
statements included in this interim report have been prepared in accordance with
generally  accepted accounting principles. Accordingly, management believes that
the  financial statements included in this report fairly present in all material
respects  our  financial condition, results of operations and cash flows for the
periods  presented.


CHANGES  IN  INTERNAL  CONTROL  OVER  FINANCIAL  REPORTING

          There  were  no  changes  in  our  internal  controls  over  financial
reporting in connection with the evaluation required by Rule 13a-15(d) under the
Exchange Act that occurred during the period covered by this Quarterly Report on
Form  10-Q that have materially affected, or are reasonably likely to materially
affect,  our  internal  controls  over  financial  reporting.

                                      -8-

<PAGE>

                          PART II - OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS.

None

ITEM  1A.  RISK  FACTORS

     There  have  been  no  material  changes  to  the  risk  factors previously
disclosed  in the registration statement on Form S-1 (File No. 333-133197) filed
in connection with our initial public offering, which the SEC declared effective
on  April  10,  2006.

ITEM  5.  OTHER  INFORMATION

None

ITEM 6. EXHIBITS.

NUMBER        DESCRIPTION

31.1          Certification by Principal Executive Officer pursuant to Section
              302 of the Sarbanes-Oxley Act of 2002

31.2          Certification by Principal Financial Officer pursuant to Section
              302 of the Sarbanes-Oxley Act of 2002

32.1          Certification by Principal Executive Officer and Principal
              Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted
              pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

                                      -9-

<PAGE>
                                   SIGNATURES

          Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned, thereunto duly authorized.

                                      JK ACQUISITION CORP.

Date: October 26 , 2009               By:    /s/ James P. Wilson
                                             -------------------
                                             James P. Wilson
                                             Chairman of the Board of Directors,
                                             Chief Executive Officer and
                                             Secretary
                                             (Principal Executive Officer)
                                             (Principal Financial and Accounting
                                             Officer)

                                      -10-

<PAGE>


                               INDEX TO EXHIBITS

NUMBER        DESCRIPTION

31.1          Certification by Principal Executive Officer pursuant to Section
              302 of the Sarbanes-Oxley Act of 2002

31.2          Certification by Principal Financial Officer pursuant to Section
              302 of the Sarbanes-Oxley Act of 2002

32.1          Certification by Principal Executive Officer and Principal
              Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted
              pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

                                      -11-