|                                                                                              | BLACK                NICKEL ACQUISITION CORP. I                                                                 |                                                                 |
|---------------------------------------------------------------------------------------------------|-----------------------------------------------------------------------------------------------------------------|----------------------------------------------------------------------|
|                                                                                              | (Exact                name of small business issuer as                specified in its charter)                 |                                                                 |
|                                                                                              |                                                                                                            |                                                                 |
| Delaware                                                                                          |                                                                                                            | 83-0432181                                                           |
| (State                or other jurisdiction ofincorporation                or organization)       |                                                                                                            | (I.R.S.                employeridentification                number) |
|                                                                                              |                                                                                                            |                                                                 |
| 300                Colonial Center ParkwaySuite                260Roswell,                Georgia |                                                                                                            | 30076                                                                |
| (Address                of principal executive                offices)                            |                                                                                                            | (Zip                Code)                                            |
|                                                                                              |                                                                                                            |                                                                 |
|                                                                                              | Issuer's                telephone number, including area code:                (678) 353-2190                    |                                                                 |
|                                                                                              |                                                                                                            |                                                                 |
|                                                                                              | No                change                                                                                        |                                                                 |
|                                                                                              | (Former                name, former address and formerfiscal                year, if changed since last report) |                                                                 |

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**BLACK      NICKEL ACQUISITION CORP. I**

**-      INDEX -**

|                                                                                                                                                                                                                                                    |   | Page(s) |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------|
| **PART I- FINANCIAL              INFORMATION:**                                                                                                                                                                                                    |   |    |
|                                                                                                                                                                                                                                                    |   |    |
| Item 1. Financial Statements:                                                                                                                                                                                                                      |   |    |
|                                                                                                                                                                                                                                                    |   |    |
| Balance                Sheet - March 31, 2006 (unaudited)                                                                                                                                                                                               |   | F-1     |
|                                                                                                                                                                                                                                                    |   |    |
| Statements                of Operations for the cumulative period duringthe                development stage May 26, 2005 (inception) to March 31,                2006and                the three months ended March 31, 2006 (unaudited)              |   | F-2     |
|                                                                                                                                                                                                                                                    |   |    |
| Statement                of Changes in Stockholders’ Equity for the cumulativeperiod                during the development stage May 26, 2005 to March 31,                2006and                for the quarter ended March 31, 2006 (unaudited) |   | F-3     |
|                                                                                                                                                                                                                                                    |   |    |
| Statements                of Cash Flows for the cumulative period duringthe                development stage May 26, 2005 (inception) to March 31,                2006and                for the quarter ended March 31, 2006 (unaudited)               |   | F-4     |
|                                                                                                                                                                                                                                                    |   |    |
| Notes                to Interim Unaudited Financial Statements                                                                                                                                                                                          |   | F-5-F-6 |
|                                                                                                                                                                                                                                                    |   |    |
| 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. Changes in Securities                                                                                                                                                                                                                           |   | 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       |

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**PART      I - FINANCIAL INFORMATION**

**Item      1. Financial Statements.**

| **BLACK                NICKEL ACQUISITION CORP. I*****A                Development Stage Company**Balance                Sheet (Unaudited)* ** | ***March                31,                2006*** |
|-----------------------------------------------------------------------------------------------------------------------------------------------------|----------------------------------------------------|

| ASSETS                                                                |   |   |    |
|-----------------------------------------------------------------------|--------|--------|---------|
| ***Current                Assets***                                   |   |   |    |
| Cash                and cash equivalents                              |   | $      | 19,667  |   |
| Prepaid                expenses                                       |   |   | 8,333   |   |
|                                                                  |   |   |    |   |
|                                                                  |   | $      | 28,000  |   |
| LIABILITIES                AND STOCKHOLDERS' EQUITY                   |   |   |    |   |
| ***Current                Liabilities***                              |   |   |    |   |
| Accrued                expenses                                       |   | $      | 6,539   |   |
| ***Stockholders'                Equity***                             |   |   |    |   |
| Preferred                stock - $.0001 par value - 10,000,000 shares |   |   |    |   |
| authorized;                -0- shares issued and outstanding          |   |   | -       |   |
| 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     |   |   | (28,539 | ) |
|                                                                  |   |   |    |   |
|                                                                  |   |   | 21,461  |   |
|                                                                  |   |   |    |   |
|                                                                  |   | $      | 28,000  |   |

| *See                accompanying notes to interim unaudited financial                statements.* | *F-1* |
|---------------------------------------------------------------------------------------------------|-------|

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| **BLACK                  NICKEL ACQUISITION CORP. I*****A                  Development Stage Company**Statements                  of Operations (Unaudited)* ** | ***March                  31,                  2006*** |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------------------------------------------------|

|                                                                      |   | ***Three                    Months***                      |      | ***Cumulative                    Period                    from***   |   |
|---------------------------------------------------------------------------|--------|------------------------------------------------------------|-----------|----------------------------------------------------------------------|--------|
|                                                                      |   | ***Ended***                                                |      | ***May                    26, 2005                    (Inception)*** |   |
|                                                                      |   | ***March                    31,                    2006*** |      | ***Through                    March 31,                    2006***   |   |
|                                                                      |   |                                                       |      |                                                                 |   |
| ***Net                    Sales***                                        |   | $                                                          | -         |                                                                 | $      | - |   |
|                                                                      |   |                                                       |      |                                                                 |   |   | *** *** |
| ***Cost                    of Sales***                                    |   |                                                       | -         |                                                                 |   | - |   |
|                                                                      |   |                                                       |      |                                                                 |   |   |   |
| ***Gross                    Profit***                                     |   |                                                       | -         |                                                                 |   | - |   |
|                                                                      |   |                                                       |      |                                                                 |   |   |   |
| ***General                    and Administrative Expenses***              |   |                                                       | (10,706   | )                                                                    |   | (28,539 | ) |
|                                                                      |   |                                                       |      |                                                                 |   |   |   |
| ***Investment                    Income***                                |   |                                                       | -         |                                                                 |   | - |   |
|                                                                      |   |                                                       |      |                                                                 |   |   |   |
| ***Net                    (Loss)***                                       |   | $                                                          | (10,706   | )                                                                    | $      | (28,539 | ) |
|                                                                      |   |                                                       |      |                                                                 |   |   |   |
| ***Basic                    and Diluted (Loss) Per Share***               |   | $                                                          | (0.01     | )                                                                    | $      | (0.02 | ) |
|                                                                      |   |                                                       |      |                                                                 |   |   |   |
| ***Weighted                    Average Number of Common***                |   |                                                       |      |                                                                 |   |   |   |
| ***     Shares                    Outstanding*** |   |                                                       | 1,500,000 |                                                                 |   | 1,354,369 |   |

| *See                  accompanying notes to interim unaudited financial                  statements.* | *F-2* |
|-------------------------------------------------------------------------------------------------------|-------|

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| **BLACK                    NICKEL ACQUISITION CORP. I*****A                    Development Stage Company**Statement                    of Changes in Stockholders’ Equity*** | ***March                    31,                    2006*** |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------------------------------------------------------|

|                                    |   |                                 |   |                                    |   |          |   |                            |      |                   |   | ***(Deficit)***                 |   |         |   |
|-----------------------------------------|--------|--------------------------------------|--------|-----------------------------------------|--------|---------------|--------|---------------------------------|-----------|------------------------|--------|---------------------------------|--------|--------------|--------|
|                                    |   |                                 |   |                                    |   |          |   |                            |      |                   |   | ***Accumulated***               |   |         |   |
|                                    |   |                                 |   |                                    |   |          |   |                            |      |                   |   | ***During                the*** |   |         |   |
|                                    |   |                                 |   |                                    |   |          |   |                            |      | ***Additional***  |   | ***Development***               |   |         |   |
|                                    |   | ***Preferred                Stock*** |   | ***Common                Stock***  |   | ***Paid-in*** |   | ***Stockholders’***  |      |                   |   |
|                                    |   | ***Shares***                         |   | ***Amount***                            |   | ***Shares***  |   | ***Amount***                    |      | ***Capital***          |   | ***Stage***                     |   | ***Equity*** |   |
|                                    |   |                                 |   |                                    |   |          |   |                            |      |                   |   |                            |   |         |   |
| **Balance                -**            |   |                                 |   |                                    |   |          |   |                            |      |                   |   |                            |   |         |   |
| May                26, 2005             |   |                                 | -      |                                    | $      | -             |   |                            | -         |                   | $      | -                               |   | $            | -      |   | $ | - |   | $ | - |   |
| Issuance                of common stock |   |                                 | -      |                                    |   | -             |   |                            | 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)               |   |                                 | -      |                                    |   | -             |   |                            | -         |                   |   | -                               |   |         | -      |   |   | (10,706 | ) |   | (10,760 | ) |
|                                    |   |                                 |   |                                    |   |          |   |                            |      |                   |   |                            |   |         |   |   |   |   |   |   |   |   |
| **Balance**                             |   |                                 |   |                                    |   |          |   |                            |      |                   |   |                            |   |         |   |   |   |   |   |   |   |   |
| **March                31, 2006**  |   |                                 |   |                                    |   |          |   |                            |      |                   |   |                            |   |         |   |   |   |   |   |   |   |   |
| **(unaudited)**                         |   |                                 | -      |                                    | $      | -             |   |                            | 1,500,000 |                   | $      | 150                             |   | $            | 49,850 |   | $ | (28,539 | ) | $ | 21,461 |   |

| *See                    accompanying notes to interim unaudited financial                    statements.* | *F-3* |
|-----------------------------------------------------------------------------------------------------------|-------|

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| **BLACK                    NICKEL ACQUISITION CORP. I*****A                    Development Stage Company**Statements                    of Cash Flows (Unaudited)* ** | ***March                    31,                    2006*** |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------------------------------------------------------|

|                                                             |   | ***Three                  Months***                     |    | ***Cumulative                  Period                  from***    |   |
|------------------------------------------------------------------|--------|--------------------------------------------------------------|---------|-------------------------------------------------------------------|--------|
|                                                             |   | ***Ended***                                             |    | ***May                  26, 2005,                  (Inception)*** |   |
|                                                             |   | ***March                  31,                  2006***  |    | ***Through                  March 31,                  2006***    |   |
|                                                             |   |                                                         |    |                                                              |   |
| ***Cash                  Flows from Operating Activities***      |   |                                                         |    |                                                              |   |
| Net                  (loss)                                      |   | $                                                            | (10,706 | )                                                                 | $      | (28,539 | ) |
| Adjustments                  to reconcile net (loss) to          |   |                                                         |    |                                                              |   |   |   |
| net                  cash provided by (used in)                  |   |                                                         |    |                                                              |   |   |   |
| operating                  activities:                           |   |                                                         |    |                                                              |   |   |   |
|  Prepaid                  expenses                          |   |                                                         | (8,333  | )                                                                 |   | (8,333 | ) |
| Accrued                  expenses                                |   |                                                         | 1,265   |                                                              |   | 6,539 |   |
|                                                             |   |                                                         |    |                                                              |   |   |   |
|                                                             |   |                                                         | (17,774 | )                                                                 |   | (30,333 | ) |
| ***Cash                  Flows from Financing Activities***      |   |                                                         |    |                                                              |   |   |   |
| Proceeds                  from issuance of common stock          |   |                                                         | -       |                                                              |   |  50,000 |   |
|                                                             |   |                                                         |    |                                                              |   |   |   |
| ***Net                  Decrease in Cash and Cash Equivalents*** |   |                                                         | (17,774 | )                                                                 |   | 19,667 |   |
|                                                             |   |                                                         |    |                                                              |   |   |   |
| ***Cash                  and Cash Equivalents*** - beginning     |   |                                                         | 37,441  |                                                              |   | - |   |
|                                                             |   |                                                         |    |                                                              |   |   |   |
| ***Cash                  and Cash Equivalents*** - end           |   | $                                                            | 19,667  |                                                              | $      | 19,667 |   |

| *See                    accompanying notes to interim unaudited financial                    statements.* | *F-4* |
|-----------------------------------------------------------------------------------------------------------|-------|

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| **BLACK                      NICKEL ACQUISITION CORP. I*****A                        Development Stage Company******Notes                          to Interim Unaudited Financial StatementsMarch 31,                          2006*** |   |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|

| 1                - | Development                Stage Company |
|--------------------|------------------------------------------|

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

*Management’s      Discussion and Analysis *

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

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

|  | b. | ***Loss                Per Common Share***                -                Basic loss per share is calculated using the weighted-average number                of                common shares outstanding during each reporting period. Diluted loss                per                share includes potentially dilutive securities such as outstanding                options                and warrants, using various methods such as the *treasury                stock*                or                *modified                treasury stock*                method in the determination of dilutive shares outstanding during                each                reporting period. The Company does not have any potentially dilutive                instruments. |
|--|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|   | c. | ***Fair                Value of Financial Instruments***                -                The carrying value of cash equivalents, prepaid expenses and accrued                expenses approximates fair value due to their short-term                nature. |
|--------|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | d. | ***Cash                and Cash                Equivalents****-*For purposes of the statement of cash flows, the Company considers                highly liquid financial instruments purchased with a maturity of                three                months or less to be cash                equivalents. |
|--|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | e. | ***Income                Taxes****-*The                Company utilizes the liability method of accounting for income                taxes.  Under the liability method, deferred tax assets and                liabilities are determined based on the differences between financial                reporting basis and tax basis of the assets and liabilities and are                measured using enacted tax rates and laws that will be in effect                when the                differences are expected to reverse.  An allowance against deferred                tax assets is recognized, when it is more likely than not, that such                tax                benefits will not be realized. The Company has a deferred tax assert                which                is fully offset by a valuation allowance at the balance sheet                date. |
|--|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4              - | Related                Party Transaction |
|------------------|------------------------------------------|

| 5              - | Recent                Accounting Pronouncements |
|------------------|-------------------------------------------------|

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

**Item      3. Controls and Procedures**

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**PART      II — OTHER INFORMATION**

**Item      1. Legal Proceedings. **

**Item      2. Changes in Securities. **

**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 March 31, 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 March 31, 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. |
|--|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| * | Filed                as an exhibit to the Company's Registration Statement on Form 10-SB,                as                filed with the Securities and Exchange Commission on January 12,                2006, and                incorporated herein by this                reference. |
|---|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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**SIGNATURES**

|                                   |                                                       |                                                    |
|----------------------------------------|------------------------------------------------------------|---------------------------------------------------------|
| Dated:              May 10, 2006  | BLACK              NICKEL              ACQUISITION CORP. I |
|                              |                                                  |                                               |
|                                   | By:                                              | /s/ Paul              T.              Mannion, Jr. |
|                                   | Paul              T. Mannion, Jr., President               |
|                                   |                                                       |

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