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 March 31, 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 May 11, 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)                             3
        Notes to Unaudited Financial Statements                          5
Item 2. Management's Discussion and Analysis of Financial
        Condition and Results of Operations                              6
Item 3. Quantitative and Qualitative Disclosures about Market Risk       7
Item 4. Controls and Procedures                                          7
PART II - OTHER INFORMATION
Item 1. Legal Proceedings                                                8
Item 1a. Risk Factors                                                    8
Item 5. Other Information                                                8
Item 6. Exhibits                                                         8

SIGNATURES                                                              10

INDEX TO EXHIBITS                                                       10

  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
                   AS OF MARCH 31, 2009 AND DECEMBER 31, 2008
                                  (UNAUDITED)

                                                  March 31,        December 31,
                                                     2009               2008
                                                  ---------        ------------
Current assets:
Cash                                             $     994          $     171
                                                  ---------------------------
                    Total current assets               994                171
                                                  ---------------------------
                           Total Assets          $     994          $     171
                                                  ===========================

                 LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)

Current liabilities:

Accounts payable and accrued expenses            $     32,218       $  26,038
Due to related parties                                 63,110          51,254
Short term debt-due to shareholders                   948,487         941,282
                                                 ----------------------------
               Total Liabilities                    1,043,815       1,018,574

Stockholders' equity (deficit):

Preferred stock, $0.0001 par value,
   1,000,000 shares authorized, none
   issued and outstanding                                    -               -

Common stock, $0.0001 par value,  600,000,000
   shares authorized, 5,505,556 shares issued
   and outstanding at March 31, 2009 and
   December 31, 2008, respectively                        551             551
Paid-in capital                                       928,182         928,182
Earnings (deficit) accumulated during the
   development stage                               (1,971,554)     (1,947,136)
                                                   --------------------------
     Total Stockholders' Equity (Deficit)          (1,042,821)     (1,018,403)
                                                   --------------------------
Total Liabilities and Stockholders' Equity
   (Deficit)                                       $     994        $     171
                                                   ==========================

                  See notes to unaudited financial statements.

                                        1
<PAGE>

                              JK ACQUISITION CORP.
                         (A DEVELOPMENT STAGE COMPANY)
                             STATEMENTS OF EXPENSES
                   THREE MONTHS ENDED MARCH 31, 2009 AND 2008
                                      AND
             PERIOD FROM MAY 11, 2005 (INCEPTION) TO MARCH 31, 2009
                                  (UNAUDITED)

                                 Three Months Ended March 31      Period from
                                                                  Inception to
                                       2009        2008          March 31, 2009
                                  -----------   ------------    ---------------

Operating Expenses:
General & Administrative          $   12,562     $ 62,773       $    925,695
Impairment of deferred
   transaction costs                       0            0          1,844,724
                                  ------------------------------------------
Operating loss                      (12,562)     (62,773)         (2,770,419)

Other income (expense):
Interest income                           -      572,541          (5,663,530)
Interest Expense                     11,856            -             968,792
Loss on extinguishment of debt            -            -                   0
Gain/loss on settlement of debt           -            -            (662,719)
Gain(loss) on derivative liabilities      -            -            (203,596)
                                  ------------------------------------------
Total Other income                  (11,586)     572,541          (5,561,053)
                                  ------------------------------------------
Net income (loss)                   (24,418)     509,768           2,790,634
Income tax expense (benefit)              -            -               5,687
                                  ------------------------------------------
Net income (loss)                 $ (24,418)   $ 509,768       $   2,784,947
                                  ==========================================

Earnings (loss) per share:
   Basic                          $ (  0.00)   $    0.03
                                  ======================

   Diluted                        $ (  0.00)   $    0.03
                                  ======================

Weighted average number of
   shares outstanding:
      Basic                       5,505,556   16,516,667
                                  ======================

      Diluted                     5,505,556   20,165,053
                                  ======================

                See  notes to unaudited financial statements

                                        2

<PAGE>


                        JK ACQUISITION CORP.
                  (A Development Stage Company)
                    STATEMENTS OF CASH FLOWS
             Three Months ended March 31, 2009 and 2008
                             and
       Period from May 11, 2005 (Inception) to March 31, 2009
                       (Unaudited)

                              Three Months Ended March 31,      Period from
                                                               Inception to
                                  2009          2008          March 31, 2009
                              ------------   ------------    ---------------
CASH FLOWS FROM OPERATING
   ACTIVITIES
Net income (loss)               (  24,418)     509,768       $   2,784,946
Adjustments to reconcile net
income (loss) to net cash used
in operating activities:
Investment income                        -    (572,541)         (5,663,530)
Loss(Gain) on derivative
   liabilities                           -           -            (203,596)
Gain on settlement of debt               -           -            (662,719)

Impairment of deferred
   transaction costs                     -           -           1,828,626
Loss on extinguishment of debt           -           -             928,182
Change in:
   Other current assets                  -           -                   -
   Accounts payable and accrued
     expenses                        6,180       6,828             694,936
   Due to related party             11,856           -              63,110
                              --------------------------------------------
Net cash used in operating
   activities                      (6,382)     (55,945)           (230,045)

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

                                       3
<PAGE>

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
   options                              -            -                 100
Proceeds from advances from
   stockholders                     7,205            -           1,277,487
Payments on advances from
   stockholders                         -            -            (329,000)
Cash paid for offering costs            -            -          (4,743,110)
Special dividend payment                -            -         (81,190,596)
                             ---------------------------------------------
Net cash provided by (used in)
   financing activities             7,205            -          (3,603,865)
                             ---------------------------------------------
Net change in cash                    823      (55,945)                994
Cash at beginning of period           171      109,917                   -
                             ---------------------------------------------
Cash at end of period        $        994  $    53,972       $         994
                             =============================================

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

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

              See notes to unaudited financial statements

                                       4
<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  and the period from May 11, 2005 (inception) to March 31, 2009 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.

REVERSE STOCK SPLIT

On June 17, 2008, JK Acquisition implemented a 1 for 3 reverse stock split. The
par value of the common stock was not affected by the reverse stock split. All
shares and per share amounts have been restated in the financial statements and
in the notes to financial statements for all periods presented, to reflect the
reverse stock split as if it occurred on the first day of the first period
presented.

NOTE 2- GOING CONCERN AND LIQUIDATION OF TRUST ACCOUNT

         JK  Acquisition's  cash  position  as  of  March  31, 2009 is $994.  JK
Acquisition  has  outstanding  payables  of $32,218 as of March 31, 2009.  As of
March  31, 2009 due to related parties was $63,110.  As of March 31, 2009, short
term  debt  due  to  shareholders  was  $948,487.

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 - CONVERTIBLE NOTES

       During the three months ended March 31, 2009 the Company borrowed from
James P. Wilson and Keith D. Spickelmier an aggregate amount of $7,205 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.  As of March
31, 2009, the Company recorded $40,610 of accrued interest relating to these
notes.

                                       5
<PAGE>

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.


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 Three Months Ended March 31, 2009 and 2008

     For  the  three  months ended March 31, 2009, we had a net loss of $24,418,
compared  to  net  income of $509,768 for the three months ended March 31, 2008.
For  the  three  months ended March 31, 2009, we incurred $12,562 of general and
administrative expenses and $11,856 of interest expense as compared to the three
months  ended  March  31,  2008,  when  we  incurred  $62,773  of  general  and
administrative  expenses  and  interest  income on the trust fund investments of
$572,541.

CHANGES IN FINANCIAL CONDITION

Liquidity and Capital Resources

          JK  Acquisition's  cash  position as of March 31, 2009 is $974.  As of
March  31,  2009,  JK  Acquisition  has  outstanding payables of $32,218, due to
related  parties of $63,110 and short term debt due to shareholders of $948,487.

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.

On January 27, 2009, February 24, 2009 and March 12, 2009 the Company borrowed
from James P. Wilson and Keith D. Spickelmier an aggregate amount of $7,205 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.  of March
31, 2009, the Company recorded $40,610 of accrued interest relating to these
notes.

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.

                                       6
<PAGE>

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  March  31,  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.

                                      7
<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

Delisting of Securities

On May 28, 2008 the Company voluntarily de-listed its securities on the American
Stock  Exchange  (the "AMEX") and trading on the AMEX was suspended. The Company
intends  to  remain  a  reporting  company with the U.S. Securities and Exchange
Commission.  The  Company  was  informed that effective May 28, 2008, its common
stock  was  trading  on the OTC Bulletin Board under the symbol "JKAQ," and that
the  Company's  warrants  and  units were trading in the over-the-counter market
under the respective symbols of "JKAQW" and "JKAQU." Effective June 17, 2008, in
conjunction  with  the  reverse  stock  split,  as  approved  by  the  company's
shareholders  as  described  in  Item  4.  above, the company's common stock was
trading  on the OTC Bulletin Board under the symbol "JKAK" and that the warrants
and  units  were  trading  in  the  over-the-counter market under the respective
symbols  of  "JKAKW"  and "JKAKU".   In the future, the Company may seek to have
its  warrants  traded  on  the OTC Bulletin Board, but there can be no assurance
that  it  will  be  able  to  do  so.

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

                                       8
<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: March 31 , 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)

                                           9
<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

                                          10