| Delaware                                       | 83-0432183                            |
|------------------------------------------------|---------------------------------------|
| (State                or other jurisdiction of | (I.R.S.                employer       |
| incorporation                or organization)  | identification                number) |

| 300                Colonial Center Parkway              |                      |
|---------------------------------------------------------|---------------------------|
| Suite                260                                |                      |
| Roswell,                Georgia                         | 30076                     |
| (Address                of principal executive offices) | (Zip                Code) |

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**BLACK      NICKEL ACQUISITION CORP. III**

**-      INDEX -**

|                                                                                               |   | Page   |   |
|----------------------------------------------------------------------------------------------------|--------|--------|--------|
| **PART                I- FINANCIAL INFORMATION:**                                                  |   |   |   |   |
|                                                                                               |   |   |   |   |
| Item                1. Financial Statements:                                                       |   |   |   |   |
|                                                                                               |   |   |   |   |
| Balance                Sheet - September 30, 2006 (unaudited)                                      |   |   | F-1    |   |
|                                                                                               |   |   |   |   |
| Statements                of Operations (unaudited) for the cumulative period during               |   |   |   |   |
| the                development stage May 26, 2005 (inception) through September                30, |   |   |   |   |
| 2006,                the three and nine months ended September 30, 2006, the period                |   |   |   |   |
| From                May 26, 2005 (inception) through September 30, 2005, and the three             |   |   |   |   |
| months                ended September 30, 2005                                                     |   |   | F-2    |   |
|                                                                                               |   |   |   |   |
| Statement                of Changes in Stockholders’ Equity for the cumulative               |   |   |   |   |
| period                during the development stage May 26, 2005 (inception) through                |   |   |   |   |
| September                30, 2006 (unaudited)                                                      |   |   | F-3    |   |
|                                                                                               |   |   |   |   |
| Statements                of Cash Flows (unaudited) for the cumulative period during               |   |   |   |   |
| the                development stage May 26, 2005 (inception) through September                30, |   |   |   |   |
| 2006,                the nine months ended September 30, 2006, and the period                from  |   |   |   |   |
| May                26, 2005 (inception) through September 30, 2005                                 |   |   | F-4    |   |
|                                                                                               |   |   |   |   |
| Notes                to Interim Unaudited Financial Statements                                     |   |   | F-5    |   |
|                                                                                               |   |   |   |   |
| Item                2. Management's Discussion and Analysis or Plan of                Operation    |   |   | 1      |   |
|                                                                                               |   |   |   |   |
| Item                3. Controls and Procedures                                                     |   |   | 1      |   |
|                                                                                               |   |   |   |   |
| **PART                II - OTHER INFORMATION**:                                                    |   |   |   |   |
|                                                                                               |   |   |   |   |
| Item                1. Legal Proceedings                                                           |   |   | 2      |   |
|                                                                                               |   |   |   |   |
| Item                2. Unregistered Sales of Equity Securities and Use of                Proceeds  |   |   | 2      |   |
|                                                                                               |   |   |   |   |
| Item                3. Defaults Upon Senior Securities                                             |   |   | 2      |   |
|                                                                                               |   |   |   |   |
| Item                4. Submission of Matters to a Vote of Security Holders                         |   |   | 2      |   |
|                                                                                               |   |   |   |   |
| Item                5. Other Information                                                           |   |   | 2      |   |
|                                                                                               |   |   |   |   |
| Item                6. Exhibits and Reports on Form 8-K                                            |   |   | 2      |   |
|                                                                                               |   |   |   |   |
| Signatures                                                                                         |   |   | 3      |   |

----

**PART      I - FINANCIAL INFORMATION**

**Item      1. Financial Statements.**

**Black      Nickel Acquisition Corp. III**

**(A      Development Stage Enterprise)**

**Balance      Sheet (Unaudited)**

**September      30, 2006**

| **ASSETS**                                                          |   |   |    |   |
|---------------------------------------------------------------------|--------|--------|---------|--------|
| Current                Assets                                       |   |   |    |   |
| Cash                and cash equivalents                            |   | $      | 7,094   |   |
|                                                                |   |   |    |   |
|                                                                |   | $      | 7,094   |   |
|                                                                |   |   |    |   |
| **LIABILITIES                AND STOCKHOLDERS’ EQUITY**       |   |   |    |   |
| Current                Liabilities                                  |   |   |    |   |
| Accrued                expenses                                     |   | $      | 4,035   |   |
|                                                                |   |   |    |   |
| Stockholders’                Equity                           |   |   |    |   |
| Preferred                stock, $.0001 par value; 10,000,000 shares |   |   |    |   |
| authorized,                -0- shares issued                        |   |   | — |   |
| Common                stock, $.0001 par value; 75,000,000 shares    |   |   |    |   |
| Authorized,                1,500,000 shares issued and outstanding  |   |   | 150     |   |
| Additional                paid-in capital                           |   |   | 49,850  |   |
| Deficit                accumulated during the development stage     |   |   | (46,941 | )      |
| Total                stockholders’ equity                     |   |   | 3,059   |   |
|                                                                |   |   |    |   |
|                                                                |   | $      | 7,094   |   |

*See      accompanying notes to interim unaudited financial statements.*

----

**Black      Nickel Acquisition Corp. III**

**(A      Development Stage Enterprise)**

**Statements      of Operations (Unaudited)**

|                                                              |   |                         |      |                         |   |                         |   |                         |      | Cumulative                   |   |
|-------------------------------------------------------------------|--------|------------------------------|-----------|------------------------------|--------|------------------------------|--------|------------------------------|-----------|------------------------------|--------|
|                                                              |   |                         |      |                         |   |                         |   | Period                from   |      | Period                from   |   |
|                                                              |   |                         |      |                         |   |                         |   | May                26, 2005  |      | May                26, 2005  |   |
|                                                              |   | Nine                Months   |      | Three                Months  |   | Three                Months  |   | (Inception)                  |      | (Inception)                  |   |
|                                                              |   | Ended                        |      | Ended                        |   | Ended                        |   | through                      |      | through                      |   |
|                                                              |   | September                30, |      | September                30, |   | September                30, |   | September                30, |      | September                30, |   |
|                                                              |   | 2006                         |      | 2005                         |   | 2006                         |   | 2005                         |      | 2006                         |   |
| Net                Sales                                          |   | $                            | —   |                         | $      | —                      |   | $                            | —   |                         | $      | — |   | $ | — |   |
|                                                              |   |                         |      |                         |   |                         |   |                         |      |                         |   |   |   |   |   |   |
| Cost                of sales                                      |   |                         | —   |                         |   | —                      |   |                         | —   |                         |   | — |   |   | — |   |
|                                                              |   |                         |      |                         |   |                         |   |                         |      |                         |   |   |   |   |   |   |
| Gross                profit                                       |   |                         | —   |                         |   | —                      |   |                         | —   |                         |   | — |   |   | — |   |
|                                                              |   |                         |      |                         |   |                         |   |                         |      |                         |   |   |   |   |   |   |
| Expenses:                                                         |   |                         |      |                         |   |                         |   |                         |      |                         |   |   |   |   |   |   |
| General                and                                        |   |                         |      |                         |   |                         |   |                         |      |                         |   |   |   |   |   |   |
| Administrative                                                    |   |                         | 29,108    |                         |   | 11,309                       |   |                         | 3,853     |                         |   | 12,559 |   |   | 46,941 |   |
|                                                              |   |                         |      |                         |   |                         |   |                         |      |                         |   |   |   |   |   |   |
| Net                (loss)                                         |   | $                            | (29,108   | )                            | $      | (11,309                      | )      | $                            | (3,853    | )                            | $      | (12,559 | ) | $ | (46,941 | ) |
|                                                              |   |                         |      |                         |   |                         |   |                         |      |                         |   |   |   |   |   |   |
| Basic                and Diluted                                  |   |                         |      |                         |   |                         |   |                         |      |                         |   |   |   |   |   |   |
| Loss                per Share                                     |   | $                            | (.02      | )                            | $      | (.01                         | )      | $                            | (—  | )                            | $      | (.01 | ) | $ | (.03 | ) |
|                                                              |   |                         |      |                         |   |                         |   |                         |      |                         |   |   |   |   |   |   |
| Weighted              Average Number of common Shares Outstanding |   |                         | 1,500,000 |                         |   | 1,500,000                    |   |                         | 1,500,000 |                         |   | 1,146,554 |   |   | 1,408,765 |   |

*See      accompanying notes to interim unaudited financial statements.*

----

**Black      Nickel Acquisition Corp. III**

**(A      Development Stage Enterprise)**

**Statement      of Changes in Stockholders’ Equity (Unaudited)**

|                                       |   | Preferred                Stock |    | Common                Stock |   | AdditionalPaid-in |   | DeficitAccumulatedDuring                      the Development |      |    |   |
|--------------------------------------------|--------|--------------------------------|---------|-----------------------------|--------|-------------------|--------|---------------------------------------------------------------|-----------|---------|--------|
|                                       |   | Shares                         |    | Amount                      |   | Shares            |   | Amount                                                        |      | Capital |   | Stage |   | Total |   |
| Balance,                May 26, 2005       |   |                           | — |                        | $      | —           |   |                                                          | —   |    | $      | — |   | $ | — |   | $ | — |   | $ | — |   |
|                                       |   |                           |    |                        |   |              |   |                                                          |      |    |   |   |   |   |   |   |   |   |   |   |   |   |
| Issuance                of common stock    |   |                           |    |                        |   |              |   |                                                          |      |    |   |   |   |   |   |   |   |   |   |   |   |   |
| on                June 24, 2005            |   |                           | — |                        |   | —           |   |                                                          | 1,500,000 |    |   | 150 |   |   | 49,850 |   |   | — |   |   | 50,000 |   |
| Net                loss                    |   |                           | — |                        |   | —           |   |                                                          | —   |    |   | — |   |   | — |   |   | (17,833 | ) |   | (17,833 | ) |
|                                       |   |                           |    |                        |   |              |   |                                                          |      |    |   |   |   |   |   |   |   |   |   |   |   |   |
| Balance,                December 31, 2005  |   |                           | — |                        |   | —           |   |                                                          | 1,500,000 |    |   | 150 |   |   | 49,850 |   |   | (17,833 | ) |   | 32,167 |   |
|                                       |   |                           |    |                        |   |              |   |                                                          |      |    |   |   |   |   |   |   |   |   |   |   |   |   |
| Net                loss                    |   |                           | — |                        |   | —           |   |                                                          | —   |    |   | — |   |   | — |   |   | (29,108 | ) |   | (29,108 | ) |
|                                       |   |                           |    |                        |   |              |   |                                                          |      |    |   |   |   |   |   |   |   |   |   |   |   |   |
| Balance,                September 30, 2006 |   |                           |    |                        |   |              |   |                                                          |      |    |   |   |   |   |   |   |   |   |   |   |   |   |
| (Unaudited)                                |   |                           | — |                        | $      | —           |   |                                                          | 1,500,000 |    | $      | 150 |   | $ | 49,850 |   | $ | (46,941 | ) | $ | 3,059 |   |

*See      accompanying notes to interim unaudited financial statements.*

----

**Black      Nickel Acquisition Corp. III**

**(A      Development Stage Enterprise)**

**Statements      of Cash Flows (Unaudited)**

|                                                                  |   |                           |    |                           |   | Cumulative                  Period |   |
|-----------------------------------------------------------------------|--------|--------------------------------|---------|--------------------------------|--------|------------------------------------|--------|
|                                                                  |   |                           |    | Period                  From   |   | From                               |   |
|                                                                  |   |                           |    | May                  26, 2005  |   | May                  26, 2005      |   |
|                                                                  |   | Nine                  Months   |    | (Inception)                    |   | (Inception)                        |   |
|                                                                  |   | Ended                          |    | through                        |   | through                            |   |
|                                                                  |   | September                  30, |    | September                  30, |   | September                  30,     |   |
|                                                                  |   | 2006                           |    | 2005                           |   | 2006                               |   |
| Cash                  Flows from Operating Activities                 |   |                           |    |                           |   |                               |   |   |   |   |
| Net                  loss                                             |   | $                              | (29,108 | )                              | $      | (12,559                            | )      | $ | (46,941 | ) |
| Adjustments                  to reconcile net loss to                 |   |                           |    |                           |   |                               |   |   |   |   |
| net                  cash used in operating activities                |   |                           |    |                           |   |                               |   |   |   |   |
| Accrued                  expenses                                     |   |                           | (1,239  | )                              |   | —                            |   |   | 4,035 |   |
|                                                                  |   |                           |    |                           |   |                               |   |   |   |   |
|                                                                  |   |                           | (30,347 | )                              |   | (12,559                            | )      |   | (42,906 | ) |
|                                                                  |   |                           |    |                           |   |                               |   |   |   |   |
| Cash                  Flows from Financing Activities                 |   |                           |    |                           |   |                               |   |   |   |   |
| Proceeds                  from issuance of common stock               |   |                           | — |                           |   | 50,000                             |   |   | 50,000 |   |
|                                                                  |   |                           |    |                           |   |                               |   |   |   |   |
|                                                                  |   |                           | — |                           |   | 50,000                             |   |   | 50,000 |   |
|                                                                  |   |                           |    |                           |   |                               |   |   |   |   |
| Net                  Increase (Decrease) in Cash and Cash Equivalents |   |                           | (30,347 | )                              |   | 37,441                             |   |   | 7,094 |   |
|                                                                  |   |                           |    |                           |   |                               |   |   |   |   |
| Cash                  and cash Equivalents, beginning                 |   |                           | 37,441  |                           |   | —                            |   |   | — |   |
|                                                                  |   |                           |    |                           |   |                               |   |   |   |   |
| Cash                  and Cash Equivalents, ending                    |   | $                              | 7,094   |                           | $      | 37,441                             |   | $ | 7,094 |   |

*See      accompanying notes to interim unaudited financial statements.*

----

**Black      Nickel Acquisition Corp. III**

**(A      Development Stage Enterprise)**

**Notes      to Interim Unaudited Financial Statements**

| **1.  ** | **Development                Stage Enterprise** |
|--------------------|-------------------------------------------------|

| **2.  ** | **Basis                of Presentation for Interim Financial                Statements** |
|--------------------|------------------------------------------------------------------------------------------|

*Management’s      Discussion and Analysis*

| **3.  ** | **Summary                of Significant Accounting                Policies** |
|--------------------|------------------------------------------------------------------------------|

**Use      of Estimates**

**Loss      Per Common Share**

----

**Black      Nickel Acquisition Corp. III**

**(A      Development Stage Enterprise)**

**Notes      to Interim Unaudited Financial Statements**

**Fair      Value of Financial Instruments**

**Cash      and Cash Equivalents**

**Income      Taxes**

| **4.  ** | **Related                Party Transaction** |
|--------------------|----------------------------------------------|

| **5.  ** | **Recent                Accounting Pronouncements** |
|--------------------|-----------------------------------------------------|

----

**Item      2. Management’s Discussion and Analysis or Plan of Operation.**

**Item      3. Controls and Procedures.**

----

**PART      II — OTHER INFORMATION**

**Item      1. Legal Proceedings.**

**Item      2. Unregistered Sales of Equity Securities and Use of      Proceeds.**

**Item      3. Defaults Upon Senior Securities. **

**Item      4. Submission of Matters to a Vote of Security Holders. **

**Item      5. Other Information. **

**Item      6. Exhibits and Reports on Form 8-K. **

| Exhibit                No. |   |   | Description                                                                                                                                                                                                                                                                                              |   |
|----------------------------|--------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
|                       |   |   |                                                                                                                                                                                                                                                                                                     |   |
| *3.1                       |   |   | Certificate                of Incorporation, as filed with the Delaware Secretary of State on                May 26,                2005.                                                                                                                                                                |   |
|                       |   |   |                                                                                                                                                                                                                                                                                                     |   |
| *3.2                       |   |   | By-Laws                                                                                                                                                                                                                                                                                                  |   |
|                       |   |   |                                                                                                                                                                                                                                                                                                     |   |
| 31.1                       |   |   | Certification                of the Company’s Principal Executive Officer pursuant to Section 302 of                the Sarbanes-Oxley Act of 2002, with respect to the registrant’s Quarterly                Report on Form 10-QSB for the quarter ended September 30,                2006. |   |
|                       |   |   |                                                                                                                                                                                                                                                                                                          |   |
| 31.2                       |   |   | Certification                of the Company’s Principal Financial Officer pursuant to Section 302 of                the Sarbanes-Oxley Act of 2002, with respect to the registrant’s Quarterly                Report on Form 10-QSB for the quarter ended September 30,                2006. |   |
|                       |   |   |                                                                                                                                                                                                                                                                                                     |   |
| 32.1                       |   |   | Certification                of the Company’s Principal Executive Officer pursuant to 18 U.S.C. Section                1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act                of                2002.                                                                   |   |
|                       |   |   |                                                                                                                                                                                                                                                                                                     |   |
| 32.2                       |   |   | Certification                of the Company’s Principal Financial Officer pursuant to 18 U.S.C. Section                1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act                of                2002.                                                                   |   |

----

**SIGNATURES**

|                                      |                                            |                                                    |
|--------------------------------------|-------------------------------------------------|---------------------------------------------------------|
| Date:              November 13, 2006 | BLACK              NICKEL ACQUISITION CORP. III |
|                            |                                       |                                               |
|                                      | By:                                   | /s/ Paul              T.              Mannion, Jr. |
|                                 | Paul              T. Mannion, Jr., President    |
|                                 |                                            |

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