| 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) |

----

**BLACK      NICKEL ACQUISITION CORP. III**

**-      INDEX -**

|                                                                                                                                                                                                                                              |   | Page   |   |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|--------|
| **PART                I- FINANCIAL INFORMATION:**                                                                                                                                                                                                 |   |   |   |   |
|                                                                                                                                                                                                                                              |   |   |   |   |
| Item                1. Financial Statements:                                                                                                                                                                                                      |   |   |   |   |
|                                                                                                                                                                                                                                              |   |   |   |   |
| Balance                Sheet - June 30, 2007 (unaudited)                                                                                                                                                                                          |   |   | F-1    |   |
|                                                                                                                                                                                                                                              |   |   |   |   |
| Statements                of Operations (unaudited) for the three and six months ended June                30, 2006                and 2007 and for the Cumulative Period from May 26, 2005 (inception)                through June 30, 2007      |   |   | F-2    |   |
|                                                                                                                                                                                                                                              |   |   |   |   |
| Statement                of Changes in Stockholders’ Equity (Deficiency) for the Cumulative Period                from May 26, 2005 (inception) through June 30, 2007                (unaudited)                                            |   |   | F-3    |   |
|                                                                                                                                                                                                                                              |   |   |   |   |
| Statements                of Cash Flows (unaudited) for the six months ended June 30, 2006                and 2007                and for the Cumulative Period from May 26, 2005 (inception) through                June                30, 2007 |   |   | 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                                                                                                                                                                                                          |   |   | 1      |   |
|                                                                                                                                                                                                                                              |   |   |   |   |
| Item                2. Unregistered Sales of Equity Securities and Use of                Proceeds                                                                                                                                                 |   |   | 1      |   |
|                                                                                                                                                                                                                                              |   |   |   |   |
| Item                3. Defaults Upon Senior Securities                                                                                                                                                                                            |   |   | 1      |   |
|                                                                                                                                                                                                                                              |   |   |   |   |
| Item                4. Submission of Matters to a Vote of Security Holders                                                                                                                                                                        |   |   | 1      |   |
|                                                                                                                                                                                                                                              |   |   |   |   |
| 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)**

**June      30, 2007**

| **ASSETS**                                                                                                                                               |   |   |    |
|----------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|---------|
| Current                  Assets                                                                                                                          |   |   |    |
| Cash                  and cash equivalents                                                                                                               |   | $      | 4,747   |   |
| Prepaid                  expenses                                                                                                                        |   |   | 3,750   |   |
|                                                                                                                                                     |   |   |    |   |
|                                                                                                                                                     |   | $      | 8,497   |   |
|                                                                                                                                                     |   |   |    |   |
| **LIABILITIES                  AND STOCKHOLDERS’ EQUITY (DEFICIENCY)**                                                                             |   |   |    |   |
| Current                  Liabilities                                                                                                                     |   |   |    |   |
| Accounts                  payable                                                                                                                        |   | $      | 4,869   |   |
| Note                  payable                                                                                                                            |   |   | 24,000  |   |
| Accrued                  expenses                                                                                                                        |   |   | 646     |   |
|                                                                                                                                                     |   |   | 29,515  |   |
| Stockholders’                  Equity (Deficiency)                                                                                                 |   |   |    |   |
| 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                                                                                        |   |   | (71,018 | ) |
| Total                  stockholders’ equity (deficiency)                                                                                           |   |   | (21,018 | ) |
|                                                                                                                                                     |   |   |    |   |
|                                                                                                                                                     |   | $      | 8,497   |   |

*See      accompanying notes to interim unaudited financial statements.*

----

**Black      Nickel Acquisition Corp. III**

**(A      Development Stage Enterprise)**

**Statements      of Operations (Unaudited)**

|                                                                                        |   | Three                  Months Ended June 30, 2006 |      | Three                  MonthsEnded June 30, 2007 |   | Six                  Months EndedJune                  30,2006 |   | Six                  Months EndedJune                  30,2007 |      | Cumulative Period                  from May                  26, 2005 (Inception) throughJune                  30,2007 |   |
|---------------------------------------------------------------------------------------------|--------|---------------------------------------------------|-----------|--------------------------------------------------|--------|---------------------------------------------------------------------|--------|---------------------------------------------------------------------|-----------|--------------------------------------------------------------------------------------------------------------------------------------------|--------|
| Net                  sales                                                                  |   | $                                                 | —   |                                             | $      | —                                                             |   | $                                                                   | —   |                                                                                                                                       | $      | — |   | $ | — |   |
|                                                                                        |   |                                              |      |                                             |   |                                                                |   |                                                                |      |                                                                                                                                       |   |   |   |   |   |   |
| Cost                  of sales                                                              |   |                                              | —   |                                             |   | —                                                             |   |                                                                | —   |                                                                                                                                       |   | — |   |   | — |   |
|                                                                                        |   |                                              |      |                                             |   |                                                                |   |                                                                |      |                                                                                                                                       |   |   |   |   |   |   |
| Gross                  profit                                                               |   |                                              | —   |                                             |   | —                                                             |   |                                                                | —   |                                                                                                                                       |   | — |   |   | — |   |
|                                                                                        |   |                                              |      |                                             |   |                                                                |   |                                                                |      |                                                                                                                                       |   |   |   |   |   |   |
| Expenses:                  General and Administrative                                       |   |                                              | 14,384    |                                             |   | 7,225                                                               |   |                                                                | 25,255    |                                                                                                                                       |   | 17,771 |   |   | 70,372 |   |
|                                                                                        |   |                                              |      |                                             |   |                                                                |   |                                                                |      |                                                                                                                                       |   |   |   |   |   |   |
| Loss                  before other expenses                                                 |   |                                              | (14,384   | )                                                |   | (7,225                                                              | )      |                                                                | (25,255   | )                                                                                                                                          |   | (17,771 | ) |   | (70,372 | ) |
|                                                                                        |   |                                              |      |                                             |   |                                                                |   |                                                                |      |                                                                                                                                       |   |   |   |   |   |   |
| Other                  expenses: Interest                                                   |   |                                              | —   |                                             |   | 533                                                                 |   |                                                                | —   |                                                                                                                                       |   | 646 |   |   | 646 |   |
|                                                                                        |   |                                              |      |                                             |   |                                                                |   |                                                                |      |                                                                                                                                       |   |   |   |   |   |   |
| Net                  (loss)                                                                 |   | $                                                 | (14,384   | )                                                | $      | (7,758                                                              | )      | $                                                                   | (25,255   | )                                                                                                                                          | $      | (18,627 | ) | $ | (71,018 | ) |
|                                                                                        |   |                                              |      |                                             |   |                                                                |   |                                                                |      |                                                                                                                                       |   |   |   |   |   |   |
| Basic                  and Diluted Loss per Share                                           |   | $                                                 | (.01      | )                                                | $      | (.01                                                                | )      | $                                                                   | (.02      | )                                                                                                                                          | $      | (.01 | ) |   |   |   |
|                                                                                        |   |                                              |      |                                             |   |                                                                |   |                                                                |      |                                                                                                                                       |   |   |   |   |   |   |
| Weighted                  Average Number of common Shares                  Outstanding |   |                                              | 1,500,000 |                                             |   | 1,500,000                                                           |   |                                                                | 1,500,000 |                                                                                                                                       |   | 1,500,000 |   |   |   |   |

*See      accompanying notes to interim unaudited financial      statements.*

----

**Black      Nickel Acquisition Corp. III**

**(A      Development Stage Enterprise)**

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

|                                                             |   | Preferred                        Stock |    | Common                        Stock |   | Additional                        Paid-in |   | Deficit                        Accumulated During 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                                  |   |                                   | — |                                |   | —                                   |   |                                                              | —   |    |   | — |   |   | — |   |   | (34,558 | ) |   | (34,558 | ) |
|                                                             |   |                                   |    |                                |   |                                      |   |                                                              |      |    |   |   |   |   |   |   |   |   |   |   |   |   |
| Balance,                        December 31, 2006                |   |                                   | — |                                |   | —                                   |   |                                                              | 1,500,000 |    |   | 150 |   |   | 49,850 |   |   | (52,391 | ) |   | (2,391 | ) |
|                                                             |   |                                   |    |                                |   |                                      |   |                                                              |      |    |   |   |   |   |   |   |   |   |   |   |   |   |
| Net                        loss (unaudited)                      |   |                                   | — |                                |   | —                                   |   |                                                              | —   |    |   | — |   |   | — |   |   | (18,627 | ) |   | (18,627 | ) |
|                                                             |   |                                   |    |                                |   |                                      |   |                                                              |      |    |   |   |   |   |   |   |   |   |   |   |   |   |
| Balance,                        June 30, 2007 (Unaudited)        |   |                                   | — |                                | $      | —                                   |   |                                                              | 1,500,000 |    | $      | 150 |   | $ | 49,850 |   | $ | (71,018 | ) | $ | (21,018 | ) |

*See      accompanying notes to interim unaudited financial      statements.*

----

**Black      Nickel Acquisition Corp. III**

**(A      Development Stage Enterprise)**

**Statements      of Cash Flows (Unaudited)**

|                                                                                                         |   | Six                  Months Ended June 30, 2006 |    | Six                  Months Ended June 30, 2007 |   | Cumulative                  Period From May 26, 2005 (Inception) through June 30,                  2007 |   |
|--------------------------------------------------------------------------------------------------------------|--------|-------------------------------------------------|---------|-------------------------------------------------|--------|---------------------------------------------------------------------------------------------------------|--------|
| Cash                  Flows from Operating Activities                                                        |   |                                            |    |                                            |   |                                                                                                    |   |
| Net                  loss                                                                                    |   | $                                               | (25,255 | )                                               | $      | (18,627                                                                                                 | )      | $ | (71,018 | ) |
| Adjustments                  to reconcile net loss to net cash used in operating                  activities |   |                                            |    |                                            |   |                                                                                                    |   |   |   |   |
| Prepaid                  expenses                                                                            |   |                                            | (4,166  | )                                               |   | (3,750                                                                                                  | )      |   | (3,750 | ) |
| Accounts                  payable and accrued expenses                                                       |   |                                            | (107    | )                                               |   | 65                                                                                                      |   |   | 5,515 |   |
|                                                                                                         |   |                                            |    |                                            |   |                                                                                                    |   |   |   |   |
| Cash                  Used in Operations                                                                     |   |                                            | (29,528 | )                                               |   | (22,312                                                                                                 | )      |   | (69,253 | ) |
|                                                                                                         |   |                                            |    |                                            |   |                                                                                                    |   |   |   |   |
| Cash                  Flows from Financing Activities                                                        |   |                                            |    |                                            |   |                                                                                                    |   |   |   |   |
| Proceeds                  from note payable                                                                  |   |                                            | — |                                            |   | 24,000                                                                                                  |   |   | 24,000 |   |
| Proceeds                  from issuance of common stock                                                      |   |                                            | — |                                            |   | —                                                                                                 |   |   | 50,000 |   |
|                                                                                                         |   |                                            |    |                                            |   |                                                                                                    |   |   |   |   |
| Cash                  Provide by Financing Activities                                                        |   |                                            | — |                                            |   | 24,000                                                                                                  |   |   | 74,000 |   |
|                                                                                                         |   |                                            |    |                                            |   |                                                                                                    |   |   |   |   |
| Net                  Increase (Decrease) in Cash and Cash Equivalents                                        |   |                                            | (29,528 | )                                               |   | 1,688                                                                                                   |   |   | 4,747 |   |
|                                                                                                         |   |                                            |    |                                            |   |                                                                                                    |   |   |   |   |
| Cash                  and cash Equivalents, beginning                                                        |   |                                            | 37,441  |                                            |   | 3,059                                                                                                   |   |   | — |   |
|                                                                                                         |   |                                            |    |                                            |   |                                                                                                    |   |   |   |   |
| Cash                  and Cash Equivalents, ending                                                           |   | $                                               | 7,913   |                                            | $      | 4,747                                                                                                   |   | $ | 4,747 |   |

*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**

**Fair      Value of Financial Instruments**

**Cash      and Cash Equivalents**

----

**Black      Nickel Acquisition Corp. III**

**(A      Development Stage Enterprise)**

**Notes      to Interim Unaudited Financial Statements**

**Income      Taxes**
*Accounting      for Income Taxes*

| **4.  ** | **Note                Payable** |
|--------------------|---------------------------------|

| **5.  ** | **Related                Party Transactions** |
|--------------------|-----------------------------------------------|

**6.      Equity Securities:**

| **7.** | **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. **

| 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 June 30,                  2007. |
|                         |   |                                                                                                                                                                                                                                                                                                        |
| 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 June 30,                  2007. |
|                         |   |                                                                                                                                                                                                                                                                                                        |
| 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. |
|---|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

**SIGNATURES**

|                               |                                                                     |                                               |
|------------------------------------|--------------------------------------------------------------------------|----------------------------------------------------|
| Date:              August 10, 2007 | BLACK NICKEL ACQUISITION CORP. III                                       |
|                          |                                                                |                                          |
|                                    | By:                                                            | /s/              Paul              T. Mannion, Jr. |
|                               | Name:                Paul T. Mannion, Jr.Title:                President |

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