| 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 - March 31, 2007 (unaudited)                                         | F-1    |
|                                                                                              |   |
| Statements                of Operations (unaudited) for the three months ended                    | F-2    |
| March                31, 2006 and 2007 and for the Cumulative Period from                         |   |
| May                26, 2005 (inception) through March 31, 2007                                    |   |
|                                                                                              |   |
| Statement                of Changes in Stockholders’ (Deficiency) for the                   | F-3    |
| Cumulative                Period from May 26, 2005 (inception) through                            |   |
| March                31, 2007 (unaudited)                                                         |   |
|                                                                                              |   |
| Statements                of Cash Flows (unaudited) for the three months ended                    | F-4    |
| March                31, 2006 and 2007 and for the Cumulative Period from                         |   |
| May                26, 2005 (inception) through March 31, 2007                                    |   |
|                                                                                              |   |
| 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                        | 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)**

**March      31, 2007**

| **ASSETS**                                                          |   |   |    |
|---------------------------------------------------------------------|--------|--------|---------|
| Current                Assets                                       |   |   |    |
| Cash                and cash equivalents                            |   | $      | 5,247   |   |
| Prepaid                expenses                                     |   |   | 5,625   |   |
|                                                                |   |   |    |   |
|                                                                |   | $      | 10,872  |   |
|                                                                |   |   |    |   |
| **LIABILITIES                AND STOCKHOLDERS’ (DEFICIENCY)** |   |   |    |   |
| Current                Liabilities                                  |   |   |    |   |
| Accounts                payable                                     |   | $      | 1,519   |   |
| Note                payable                                         |   |   | 16,000  |   |
| Accrued                expenses                                     |   |   | 6,614   |   |
|                                                                |   |   | 24,133  |   |
| Stockholders’                (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     |   |   | (63,261 | ) |
|                                                                |   |   | (13,261 | ) |
|                                                                |   |   |    |   |
|                                                                |   | $      | 10,872  |   |

*See      accompanying notes to interim unaudited financial      statements.*

----

**Black      Nickel Acquisition Corp. III**

**(A      Development Stage Enterprise)**

**Statements      of Operations (Unaudited)**

|                                             |   |                        |      |                        |   | Cumulative                  |   |
|--------------------------------------------------|--------|-----------------------------|-----------|-----------------------------|--------|-----------------------------|--------|
|                                             |   |                        |      |                        |   | Period                from  |   |
|                                             |   |                        |      |                        |   | May                26, 2005 |   |
|                                             |   | Three                Months |      | Three                Months |   | (Inception)                 |   |
|                                             |   | Ended                       |      | Ended                       |   | through                     |   |
|                                             |   | March                31,    |      | March                31,    |   | March                31,    |   |
|                                             |   | 2006                        |      | 2007                        |   | 2007                        |   |
| Net                sales                         |   | $                           | —   |                        | $      | —                     |   | $ | — |   |
|                                             |   |                        |      |                        |   |                        |   |   |   |   |
| Cost                of sales                     |   |                        | —   |                        |   | —                     |   |   | — |   |
|                                             |   |                        |      |                        |   |                        |   |   |   |   |
| Gross                profit                      |   |                        | —   |                        |   | —                     |   |   | — |   |
|                                             |   |                        |      |                        |   |                        |   |   |   |   |
| Expenses:                                        |   |                        |      |                        |   |                        |   |   |   |   |
| General                and                       |   |                        |      |                        |   |                        |   |   |   |   |
| Administrative                                   |   |                        | 10,871    |                        |   | 10,756                      |   |   | 63,147 |   |
|                                             |   |                        |      |                        |   |                        |   |   |   |   |
| (Loss)                before other expenses      |   |                        | (10,871   | )                           |   | (10,756                     | )      |   | (63,147 | ) |
|                                             |   |                        |      |                        |   |                        |   |   |   |   |
| Other                Expenses:                   |   |                        |      |                        |   |                        |   |   |   |   |
| Interest                                         |   |                        | —   |                        |   | 114                         |   |   | 114 |   |
|                                             |   |                        |      |                        |   |                        |   |   |   |   |
| Net                (loss)                        |   | $                           | (10,871   | )                           | $      | (10,870                     | )      | $ | (63,261 | ) |
|                                             |   |                        |      |                        |   |                        |   |   |   |   |
| Basic                and Diluted                 |   |                        |      |                        |   |                        |   |   |   |   |
| Loss                per Share                    |   | $                           | (.01      | )                           | $      | (.01                        | )      |   |   |   |
|                                             |   |                        |      |                        |   |                        |   |   |   |   |
| Weighted                Average Number of common |   |                        |      |                        |   |                        |   |   |   |   |
| Shares                Outstanding                |   |                        | 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’ (Deficiency)**

|                                      |   |                           |    |                        |   |    |   |        |      |       |   | Deficit                   |   |        |    |
|-------------------------------------------|--------|--------------------------------|---------|-----------------------------|--------|---------|--------|-------------|-----------|------------|--------|---------------------------|--------|--------|---------|
|                                      |   |                           |    |                        |   |    |   |        |      |       |   | Accumulated               |   |        |    |
|                                      |   |                           |    |                        |   |    |   |        |      | Additional |   | During                the |   |        |    |
|                                      |   | Preferred                Stock |    | Common                Stock |   | Paid-in |   | 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)       |   |                           | — |                        |   | — |   |        | —   |       |   | —                   |   |   | — |   |   | (10,870 | ) |   | (10,870 | ) |
|                                      |   |                           |    |                        |   |    |   |        |      |       |   |                      |   |   |    |   |   |   |   |   |   |   |
| Balance,                March 31, 2007    |   |                           |    |                        |   |    |   |        |      |       |   |                      |   |   |    |   |   |   |   |   |   |   |
| (Unaudited)                               |   |                           | — |                        | $      | — |   |        | 1,500,000 |       | $      | 150                       |   | $      | 49,850  |   | $ | (63,261 | ) | $ | (13,261 | ) |

*See      accompanying notes to interim unaudited financial      statements.*

----

**Black      Nickel Acquisition Corp. III**

**(A      Development Stage Enterprise)**

**Statements      of Cash Flows (Unaudited)**

|                                                                |   |                        |    |                        |   | Cumulative                Period |   |
|---------------------------------------------------------------------|--------|-----------------------------|---------|-----------------------------|--------|----------------------------------|--------|
|                                                                |   |                        |    |                        |   | From                             |   |
|                                                                |   |                        |    |                        |   | May                26, 2005      |   |
|                                                                |   | Three                Months |    | Three                Months |   | (Inception)                      |   |
|                                                                |   | Ended                       |    | Ended                       |   | through                          |   |
|                                                                |   | March                31,    |    | March                31,    |   | March                31,         |   |
|                                                                |   | 2006                        |    | 2007                        |   | 2007                             |   |
| Cash                Flows from Operating Activities                 |   |                        |    |                        |   |                             |   |
| Net                (loss)                                           |   | $                           | (10,871 | )                           | $      | (10,870                          | )      | $ | (63,261 | ) |
| Adjustments                to reconcile net (loss) to               |   |                        |    |                        |   |                             |   |   |   |   |
| net                cash used in operating activities                |   |                        |    |                        |   |                             |   |   |   |   |
| Prepaid                expenses                                     |   |                        | (8,333  | )                           |   | (5,625                           | )      |   | (5,625 | ) |
| Accounts                payable and accrued expenses                |   |                        | 1,430   |                        |   | 2,683                            |   |   | 8,133 |   |
|                                                                |   |                        |    |                        |   |                             |   |   |   |   |
|                                                                |   |                        | (17,774 | )                           |   | (13,812                          | )      |   | (60,753 | ) |
|                                                                |   |                        |    |                        |   |                             |   |   |   |   |
| Cash                Flows from Financing Activities                 |   |                        |    |                        |   |                             |   |   |   |   |
| Proceeds                from note payable                           |   |                        | — |                        |   | 16,000                           |   |   | 16,000 |   |
| Proceeds                from issuance of common stock               |   |                        | — |                        |   | —                          |   |   | 50,000 |   |
|                                                                |   |                        |    |                        |   |                             |   |   |   |   |
|                                                                |   |                        | — |                        |   | 16,000                           |   |   | 66,000 |   |
|                                                                |   |                        |    |                        |   |                             |   |   |   |   |
| Net                Increase (Decrease) in Cash and Cash Equivalents |   |                        | (17,774 | )                           |   | 2,188                            |   |   | 5,247 |   |
|                                                                |   |                        |    |                        |   |                             |   |   |   |   |
| Cash                and Cash Equivalents, beginning                 |   |                        | 37,441  |                        |   | 3,059                            |   |   | — |   |
|                                                                |   |                        |    |                        |   |                             |   |   |   |   |
| Cash                and Cash Equivalents, ending                    |   | $                           | 19,667  |                        | $      | 5,247                            |   | $ | 5,247 |   |

*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**

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

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

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

| **6.** | **Subsequent                Event** |
|--------|-------------------------------------|

| **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 March 31,                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 March 31,                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:              May 11, 2007 | BLACK              NICKEL              ACQUISITION CORP. III             |
|                       |                                                                |                                          |
|                                 | By:                                                            | /s/              Paul              T. Mannion, Jr. |
|                            | Name:                Paul T. Mannion, Jr.Title:                President |

----