| For                  the transition period from ________                  to                  ________ |
|--------------------------------------------------------------------------------------------------------|

|                                                                          |
|-------------------------------------------------------------------------------|
| Commission                  file number 000-51722                        |
|                                                                          |
| Black                  Nickel Acquisition Corp. III                           |
| (Exact                  name of registrant as specified in its charter)  |

|                                                |   |                                                           |
|-----------------------------------------------------|--------|----------------------------------------------------------------|
| Delaware                                       |   | 83-0432183                                                |
| (State                  or other jurisdiction  |   | (I.R.S.                  Employer Identification Number)  |
| of                  incorporation or organization)  |   |                                                           |

| (678)                  353-2190(Registrant’s                  telephone number, including area                  code) |
|-----------------------------------------------------------------------------------------------------------------------------|

| Large                  accelerated filer                        |   | o      |   |   |   | Accelerated                  filer          |   | o      |
|----------------------------------------------------------------------|--------|--------|--------|--------|--------|--------------------------------------------------|--------|--------|
| Non-accelerated                  filer                          |   | o      |   |   |   | Smaller                  reporting company  |   | x      |
| (Do                  not check if a smaller reporting company)  |   |   |   |   |   |                                             |   |   |

----

| APPLICABLE                  ONLY TO CORPORATE ISSUERS |
|-------------------------------------------------------|

----

**BLACK          NICKEL ACQUISITION CORP. III**

**-          INDEX -**

|                                                         |   |      |   |                                                                                                                       |   |   |
|--------------------------------------------------------------|--------|-----------|--------|----------------------------------------------------------------------------------------------------------------------------|--------|--------|
|                                                         |   |      |   |                                                                                                                       |   | Page   |
| PART                  I – FINANCIAL INFORMATION:  |   |      |
|                                                         |   |      |   |                                                                                                                       |   |   |
| Item                                                    |   | 1.   |   | Financial                  Statements:                                                                                |   |   |
|                                                         |   |      |   |                                                                                                                       |   |   |
|                                                         |   |      |   | Balance                  Sheets, as of March 31, 2008 (unaudited) and December 31, 2007                               |   | 1      |
|                                                         |   |      |   |                                                                                                                       |   |   |
|                                                         |   |      |   | Statements                  of Operations (unaudited) for the Three Months Ended March 31,                  2008      |   | 2      |
|                                                         |   |      |   | and                  2007 and for the Cumulative Period from May 26, 2005                  (Inception)                |   |   |
|                                                         |   |      |   | through                  March 31, 2008                                                                               |   |   |
|                                                         |   |      |   |                                                                                                                       |   |   |
|                                                         |   |      |   | Statement                  of Changes in Stockholders’ Equity (Deficiency) for the                  Cumulative  |   | 3      |
|                                                         |   |      |   | Period                  from May 26, 2005 (Inception) to March 31, 2008 (unaudited)                                   |   |   |
|                                                         |   |      |   |                                                                                                                       |   |   |
|                                                         |   |      |   | Statements                  of Cash Flows (unaudited) for the Three Months Ended March 31,                  2008      |   | 4      |
|                                                         |   |      |   | and                  2007 and for the Cumulative Period from May 26, 2005                  (Inception)                |   |   |
|                                                         |   |      |   | through                  March 31, 2008                                                                               |   |   |
|                                                         |   |      |   |                                                                                                                       |   |   |
|                                                         |   |      |   | Notes                  to Interim Unaudited Financial Statements                                                      |   | 5      |
|                                                         |   |      |   |                                                                                                                       |   |   |
| Item                                                    |   | 2.   |   | Management’s                  Discussion and Analysis of Financial Condition and                                |   | 8      |
|                                                         |   |      |   | Results                  of Operations                                                                                |   |   |
|                                                         |   |      |   |                                                                                                                       |   |   |
| Item                                                    |   | 3.   |   | Quantitative                  and Qualitative Disclosures About Market Risk                                           |   | 11     |
|                                                         |   |      |   |                                                                                                                       |   |   |
| Item                                                    |   | 4T.  |   | Controls                  and Procedures                                                                              |   | 11     |
|                                                         |   |      |
| PART                  II – OTHER INFORMATION:     |   |      |
|                                                         |   |      |
| Item                                                    |   | 1.   |   | Legal                  Proceedings                                                                                    |   | 11     |
|                                                         |   |      |   |                                                                                                                       |   |   |
| Item                                                    |   | 1A.  |   | Risk                  Factors                                                                                              |   | 11     |
|                                                         |   |      |   |                                                                                                                       |   |   |
| Item                                                    |   | 2.   |   | Unregistered                  Sales of Equity Securities and Use of Proceeds                                          |   | 11     |
|                                                         |   |      |   |                                                                                                                       |   |   |
| Item                                                    |   | 3.   |   | Defaults                  Upon Senior Securities                                                                      |   | 11     |
|                                                         |   |      |   |                                                                                                                       |   |   |
| Item                                                    |   | 4.   |   | Submission                  of Matters to a Vote of Security Holders                                                  |   | 11     |
|                                                         |   |      |   |                                                                                                                       |   |   |
| Item                                                    |   | 5.   |   | Other                  Information                                                                                    |   | 12     |
|                                                         |   |      |   |                                                                                                                       |   |   |
| Item                                                    |   | 6.   |   | Exhibits                                                                                                              |   | 12     |
|                                                         |   |      |   |                                                                                                                       |   |   |
| Signatures                                              |   | 13        |

----

| **PART                    I – FINANCIAL INFORMATION**  |
|-------------------------------------------------------------------|
|                                                              |
| **Item                    1. Financial Statements.**         |
|                                                              |
| Black                    Nickel Acquisition Corp. III        |
| (A                    Development Stage Enterprise)          |
| Balance                    Sheets                            |

|                                                                             |   |                               |    |                                  |   |
|----------------------------------------------------------------------------------|--------|------------------------------------|---------|---------------------------------------|--------|
|                                                                             |   | March                    31,  |    | December                    31,  |   |
|                                                                             |   | 2008                          |    | 2007                             |   |
|                                                                             |   | (Unaudited)                   |    |                                  |   |
|                                                                             |   |                               |    |                                  |   |
| ASSETS                                                                      |   |                               |    |                                  |   |
| Current                    Assets                                           |   |                               |    |                                  |   |
| Cash                                                                        |   | $                                  | 4,154   |                                  | $      | 304 |   |
|                                                                             |   |                               |    |                                  |   |   |   |
|                                                                             |   | $                                  | 4,154   |                                  | $      | 304 |   |
| LIABILITIES                    AND STOCKHOLDERS’ EQUITY (DEFICIENCY)  |   |                               |    |                                  |   |   |   |
| Current                    Liabilities                                      |   |                               |    |                                  |   |   |   |
| Accounts                    payable                                         |   | $                                  | 9,180   |                                  | $      | 8,238 |   |
| Advances                    from stockholders                               |   |                               | 6,600   |                                  |   | 1,500 |   |
| Notes                    payable – related parties                    |   |                               | 24,000  |                                  |   | 24,000 |   |
| Accrued                    expenses                                         |   |                               | 9,326   |                                  |   | 8,974 |   |
|                                                                             |   |                               | 49,106  |                                  |   | 42,712 |   |
| Stockholders’                    Equity (Deficiency)                  |   |                               |    |                                  |   |   |   |
| Preferred                    stock, $.0001 par value; 10,000,000 shares     |   |                               |    |                                  |   |   |   |
| authorized,                    no shares issued                             |   |                               | --      |                                  |   | -- |   |
| Common                    stock, $.0001 par value; 75,000,000 shares        |   |                               |    |                                  |   |   |   |
| authorized,                    1,500,000 shares issued and outstanding      |   |                               | 150     |                                  |   | 150 |   |
| Additional                    paid-in capital                               |   |                               | 49,850  |                                  |   | 49,850 |   |
| Deficit                    accumulated during the development stage         |   |                               | (94,952 | )                                     |   | (92,408 | ) |
| Total                    stockholders’ equity (deficiency)            |   |                               | (44,952 | )                                     |   | (42,408 | ) |
|                                                                             |   |                               |    |                                  |   |   |   |
|                                                                             |   | $                                  | 4,154   |                                  | $      | 304 |   |
|                                                                             |   |                               |    |                                  |   |   |   |

----

| 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,     |   |
|                                                       |   | 2008                             |      | 2007                             |   | 2008                             |   |
| Net                    sales                          |   | $                                     | --        |                                  | $      | --                                    |   | $ | -- |   |
|                                                       |   |                                  |      |                                  |   |                                  |   |   |   |   |
| Cost                    of sales                      |   |                                  | --        |                                  |   | --                                    |   |   | -- |   |
|                                                       |   |                                  |      |                                  |   |                                  |   |   |   |   |
| Gross                    profit                       |   |                                  | --        |                                  |   | --                                    |   |   | -- |   |
|                                                       |   |                                  |      |                                  |   |                                  |   |   |   |   |
| Expenses:                                             |   |                                  |      |                                  |   |                                  |   |   |   |   |
| General                    and                        |   |                                  |      |                                  |   |                                  |   |   |   |   |
| Administrative                                        |   |                                  | 1,946     |                                  |   | 10,756                                |   |   | 92,498 |   |
|                                                       |   |                                  |      |                                  |   |                                  |   |   |   |   |
| Loss                    before other expenses         |   |                                  | (1,946    | )                                     |   | (10,756                               | )      |   | (92,498 | ) |
|                                                       |   |                                  |      |                                  |   |                                  |   |   |   |   |
| Other                    expenses:                    |   |                                  |      |                                  |   |                                  |   |   |   |   |
| Interest                                              |   |                                  | 598       |                                  |   | 114                                   |   |   | 2,454 |   |
|                                                       |   |                                  |      |                                  |   |                                  |   |   |   |   |
| Net                    (loss)                         |   | $                                     | (2,544    | )                                     | $      | (10,870                               | )      | $ | (94,952 | ) |
|                                                       |   |                                  |      |                                  |   |                                  |   |   |   |   |
| Basic                    and Diluted                  |   |                                  |      |                                  |   |                                  |   |   |   |   |
| Loss                    per Share                     |   | $                                     | --        |                                  | $      | (.01                                  | )      |   |   |   |
|                                                       |   |                                  |      |                                  |   |                                  |   |   |   |   |
| Basic                    and Diluted                  |   |                                  |      |                                  |   |                                  |   |   |   |   |
| Weighted                    Average Number of Common  |   |                                  |      |                                  |   |                                  |   |   |   |   |
| Shares                    Outstanding                 |   |                                  | 1,500,000 |                                  |   | 1,500,000                             |   |   |   |   |

|                                                                                     |   |   |   |   |   |   |   |   |   |   |   |   |
|------------------------------------------------------------------------------------------|--------|--------|--------|--------|--------|--------|--------|--------|--------|--------|--------|--------|
| See                  accompanying notes to interim unaudited financial statements.  |

----

|                                                         |   |                                     |   |                                  |   |          |   |              |      |             |   |                                |   |        |   |
|--------------------------------------------------------------|--------|------------------------------------------|--------|---------------------------------------|--------|---------------|--------|-------------------|-----------|------------------|--------|-------------------------------------|--------|-------------|--------|
|                                                         |   |                                     |   |                                  |   |          |   |              |      |             |   | 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                             |   |                                     | --     |                                  |   | --            |   |              | --        |             |   | --                                  |   |        | --     |   |   | (40,017 | ) |   | (40,017 | ) |
|                                                         |   |                                     |   |                                  |   |          |   |              |      |             |   |                                |   |        |   |   |   |   |   |   |   |   |
| Balance,                    December 31, 2007           |   |                                     | --     |                                  |   | --            |   |              | 1,500,000 |             |   | 150                                 |   |        | 49,850 |   |   | (92,408 | ) |   | (42,408 | ) |
|                                                         |   |                                     |   |                                  |   |          |   |              |      |             |   |                                |   |        |   |   |   |   |   |   |   |   |
| Net                    loss (unaudited)                 |   |                                     | --     |                                  |   | --            |   |              | --        |             |   | --                                  |   |        | --     |   |   | (2,544 | ) |   | (2,544 | ) |
|                                                         |   |                                     |   |                                  |   |          |   |              |      |             |   |                                |   |        |   |   |   |   |   |   |   |   |
| Balance,                    March 31, 2008 (unaudited)  |   |                                     | --     |                                  | $      | --            |   |              | 1,500,000 |             | $      | 150                                 |   | $           | 49,850 |   | $ | (94,952 | ) | $ | (44,952 | ) |

|                                                                                                 |
|------------------------------------------------------------------------------------------------------|
| See                  accompanying notes to interim unaudited financial statements                  . |

----

|                                                               |   |                                  |   |                                  |   |                                       |   |
|--------------------------------------------------------------------|--------|---------------------------------------|--------|---------------------------------------|--------|--------------------------------------------|--------|
|                                                               |   |                                  |   |                                  |   | Cumulative                    Period  |   |
|                                                               |   |                                  |   |                                  |   | From                                  |   |
|                                                               |   |                                  |   |                                  |   | May                    26, 2005       |   |
|                                                               |   | Three                    Months  |   | Three                    Months  |   | (Inception)                           |   |
|                                                               |   | Ended                            |   | Ended                            |   | through                               |   |
|                                                               |   | March                    31,     |   | March                    31,     |   | March                    31,          |   |
|                                                               |   | 2008                             |   | 2007                             |   | 2008                                  |   |
| Cash                    Flows from Operating Activities       |   |                                  |   |                                  |   |                                       |   |   |   |   |
| Net                    loss                                   |   | $                                     | (2,544 | )                                     | $      | (10,870                                    | )      | $ | (94,952 | ) |
| Adjustments                    to reconcile net loss to       |   |                                  |   |                                  |   |                                       |   |   |   |   |
| net                    cash used in operating activities      |   |                                  |   |                                  |   |                                       |   |   |   |   |
| Prepaid                    expenses                           |   |                                  | --     |                                  |   | (5,625                                     | )      |   | -- |   |
| Accounts                    payable and accrued expenses      |   |                                  | 1,294  |                                  |   | 2,683                                      |   |   | 18,506 |   |
|                                                               |   |                                  |   |                                  |   |                                       |   |   |   |   |
| Cash                    Used in Operations                    |   |                                  | (1,250 | )                                     |   | (13,812                                    | )      |   | (76,446 | ) |
|                                                               |   |                                  |   |                                  |   |                                       |   |   |   |   |
| Cash                    Flows from Financing Activities       |   |                                  |   |                                  |   |                                       |   |   |   |   |
| Advances                    from stockholders                 |   |                                  | 5,100  |                                  |   | --                                         |   |   | 6,600 |   |
| Proceeds                    from notes payable                |   |                                  | --     |                                  |   | 16,000                                     |   |   | 24,000 |   |
| Proceeds                    from issuance of common stock     |   |                                  | --     |                                  |   | --                                         |   |   | 50,000 |   |
|                                                               |   |                                  |   |                                  |   |                                       |   |   |   |   |
| Cash                    Provided by Financing Activities      |   |                                  | 5,100  |                                  |   | 16,000                                     |   |   | 80,600 |   |
|                                                               |   |                                  |   |                                  |   |                                       |   |   |   |   |
| Net                    Increase in Cash and Cash Equivalents  |   |                                  | 3,850  |                                  |   | 2,188                                      |   |   | 4,154 |   |
|                                                               |   |                                  |   |                                  |   |                                       |   |   |   |   |
| Cash,                    beginning                            |   |                                  | 304    |                                  |   | 3,059                                      |   |   | -- |   |
|                                                               |   |                                  |   |                                  |   |                                       |   |   |   |   |
| Cash,                    ending                               |   | $                                     | 4,154  |                                  | $      | 5,247                                      |   | $ | 4,154 |   |

----

| Black                  Nickel Acquisition Corp. III (A                  Development Stage Enterprise) Notes                  to Interim Unaudited Financial                  Statements |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
|--------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| **1.**  | **Development                  Stage Enterprise**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |
|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
|         | Black                  Nickel Acquisition Corp. III, a development stage enterprise (the                  “Company”), was incorporated in the state of Delaware on May 26, 2005 and                  maintains principal offices in Roswell, Georgia. Since inception,                  the                  Company has been engaged in organizational efforts and obtaining                  initial                  financing. The Company was formed as a vehicle to pursue a business                  combination.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
|         | The                  accompanying financial statements have been prepared assuming that                  the                  Company will continue as a going concern, which contemplates the                  recoverability of assets and the satisfaction of liabilities in                  the normal                  course of business. The Company incurred net losses from May 26,                  2005                  (inception) through the period ended March 31, 2008 of $94,952.                  In                  addition, the Company’s development activities since inception have been                  financially sustained through equity and debt financing. The ability                  of                  the Company to continue as a going concern is dependent upon its                  ability                  to find a suitable acquisition or merger candidate, raise additional                  capital from the sale of stock, receive additional paid in capital                  from                  its existing stockholders and ultimately, the achievement of significant                  positive operating results. The accompanying financial statements                  do not                  include any adjustments that might be required should the Company                  be                  unable to recover the value of its assets or satisfy its                  liabilities.                                                                                                                                                                                                                                                                             |
|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
| **2.**  | **Basis                  of Presentation for Interim Financial Statements**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
|         | The                  accompanying interim financial statements of the Company as of                  March 31,                  2008 and for the three months ended March 31, 2008 and 2007 and                  for the                  cumulative period from May 26, 2005 (inception) through March 31,                  2008,                  have been prepared in accordance with accounting principles generally                  accepted for interim financial statements presentation and in accordance                  with the instructions to Regulation SX. Accordingly, they do not                  include                  all of the information and footnotes required by accounting principles                  generally accepted in the United States of America for complete                  financial                  statement presentation. In the opinion of management, all adjustments                  for                  a fair statement of the results of operations and financial position                  for                  the interim periods presented have been included. All such adjustments                  are                  of a normal recurring nature. The accompanying financial statements                  and                  the information included under the heading Management’s                  Discussion and Analysis should                  be read in conjunction with the Company’s audited financial statements and                  related notes included in the Company’s Form 10-KSB for December 31, 2007.                  There have been no changes in significant accounting policies since                  December 31, 2007.  |
|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
| **3.**  | **Summary                  of Significant Accounting Policies**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
|         | **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.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |

----

| Black                    Nickel Acquisition Corp. III (A                    Development Stage Enterprise) Notes                    to Interim Unaudited Financial                    Statements |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |   |
|--------|--------|

|             | **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.                                                                                                                                                                                                                                                                                   |
|------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|             |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |
|             | **Fair                    Value of Financial Instruments**                    Current assets and current liabilities are carried at cost, which                    approximates their fair value because of their short-term maturity.                    The                    notes payable approximates fair value based on market rates available                    to                    the Company for financing with similar terms.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
|             |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |
|             | **Cash                    Equivalents**Cash                    equivalents consist of bank deposits and highly liquid investments,                    when                    present, with a maturity of three months or less at the date                    of purchase.                    There are no cash equivalents at the balance sheet date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
|             |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |
|             | **Income                    Taxes**                    The Company accounts for income taxes in accordance with SFAS                    No. 109,                    *Accounting                    for Income Taxes*,                    which requires recognition of deferred tax liabilities and assets                    for the                    expected future tax consequences of events that have been included                    in the                    financial statements or tax returns. Under this method, deferred                    tax                    liabilities and assets are determined based on the temporary                    differences                    between the financial statement and tax basis of assets and liabilities                    using presently enacted tax rates in effect. Valuation allowances                    are                    established when necessary to reduce deferred tax assets to the                    amounts                    expected to be realized. |
|             |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |
|             | The                    Company has approximately $37,000 in gross deferred tax assets                    at March                    31, 2008 resulting from deferred start-up costs of $94,952 which                    are                    capitalized and amortized for income tax purposes and expensed                    for                    financial reporting purposes, a change of $1,000 for 2008. A                    valuation                    allowance has been recorded to fully offset these deferred tax                    assets as                    the future realization of the related tax benefits is uncertain.                    The                    difference between the statutory federal income tax rate of 34%,                    state                    taxes net of federal benefits of 4.6%, and the effective rate                    of 0% is due                    to the capitalization of the Company’s start-up costs for tax purposes.                                      |
|             |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |
|             | **New                    Accounting Pronouncements**                    On                    January 1, 2008 the Company adopted Statement of Financial Accounting                    Standards No. 157, “Fair Value Measurements” (“FAS 157”). There was no                    impact on the Company’s financial position, results of operations or cash                    flows at March 31, 2008 and for the three months then ended as                    a result of                    the adoption of FAS 157.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
|             |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |
|             | On                    January 1, 2008 the Company adopted Statement of Financial Accounting                    Standards No. 159, “The Fair Value Option for Financial Assets and                    Financial Liabilities” (“FAS 159”). There was no impact on the Company’s                    financial position, results of operations or cash flows at March                    31, 2008                    and for the three months then ended as a result of the adoption                    of FAS                    159.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
|             |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |
| **4.**** ** | **Notes                    Payable - Related Parties**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
|             |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |
|             | During                    2007, the Company entered into two loan agreements, consisting                    of a                    $16,000 and an $8,000 loan with a stockholder and a $16,000 loan                    with an                    entity owned by certain stockholders of the Company. Any amounts                    outstanding under the loans accrue interest at 10% per year computed                    on                    actual days outstanding in a 365 day year. The $16,000 loan and                    the                    related accrued interest was due on September 5, 2007. The $8,000                    loan and                    the related accrued interest was due on October 27, 2007. As                    of May 14,                    2008, these loans remain                    unpaid.                                                                                                                                                                                                |

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| Black                      Nickel Acquisition Corp. III (A                      Development Stage Enterprise) Notes                      to Interim Unaudited Financial                      Statements |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
|--------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|         | On                  April 15, 2008, the Company entered into three loan agreements                  of $7,200                  each with three stockholders. Any amounts outstanding under the                  loans                  accrue interest at 10% per year computed on actual days outstanding                  in a                  365 day year. These loans mature on October 30, 2008.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |
|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
|         | As                  of March 31, 2008, accrued expenses include accrued interest on                  the notes                  payable – related parties of $2,454.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| **5.**  | **Related                  Party Transactions**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
|         | The                  Company utilizes the office space and equipment of one of its stockholders                  at no cost. Management estimates such amounts to be                  immaterial.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| **6.**  | **Recent                  Accounting Pronouncements**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
|         | Management                  does not believe that any recently issued, but not yet effective                  accounting pronouncements, if adopted, would have a material effect                  on the                  accompanying financial statements.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| **7.**  | **Stockholders’                  Equity**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
|         | The                  Company’s common stock stockholders shall be entitled to cast one vote                  for                  each common share held at all stockholders’ meetings for all purposes,                  including the election of directors. The common stock does not                  have                  cumulative voting rights.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
|         | The                  Board of Directors may issue the preferred stock in one or more                  classes or                  one or more series within any class and such classes or series                  shall have                  such voting powers, full or limited, or no voting powers, and such                  designations, preferences, limitations or restrictions as the Board                  of                  Directors may determine.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| **8.**  | **Subsequent                  Events**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
|         | On                  April 17, 2008, the Company entered into a Letter of Intent (the“LOI”)                  with 7 Billion People, Inc. (“7BP”), pursuant to which the Company intends                  to combine with 7BP either through a merger between 7BP and a wholly                  owned                  subsidiary of the Company or an exchange of shares of stock of                  7BP for                  shares of Common Stock (the “Merger”). The LOI contemplates that at the                  closing of the Merger, an aggregate of 28,500,000 shares of Common                  Stock                  will be issued to the current stockholders of 7BP, in addition                  to shares                  of Common Stock or other securities to be issued in connection                  with the                  Financing (as defined below).A                  condition to closing the Merger                  is                  the completion of a private placement of securities raising gross                  proceeds                  of at least $5,500,000 (the “Financing”). Additionally, the LOI provides                  that after the closing of the Merger, the Company will register                  for resale                  all currently outstanding shares of Common Stock, the terms surrounding                  such registration will mirror the terms of the registration rights                  agreement for the Financing (the “Registration”). The LOI contemplates                  that the closing of the Merger shall be completed no later than                  June 15,                  2008.The                  provisions of the LOI concerning the Merger, the Financing, the                  Registration and the contemplated date of closing are not binding                  on the                  Company. However, the remaining provisions of the LOI, including                  but not                  limited to those with respect to no-shop, confidentiality and costs,                  are                  binding on the Company and 7BP. The binding provisions contained                  in the                  LOI and the LOI in its entirety may be terminated (i) by mutual                  written                  consent of both parties; or (ii) upon written notice by either                  party to                  the other if the Definitive Agreements (as defined in the LOI)                  have not                  been executed by June                  15, 2008,                  provided, however, that the termination of the binding provisions                  shall                  not affect the liability for breach of any of the binding provisions                  prior                  to the termination.The                  Company and 7BP have begun preparation of agreements necessary                  to                  consummate the Merger. As of the date of this report, the Company                  has not                  entered into any definitive agreement concerning the Merger. There                  can be                  no assurances that the Merger or any similar transaction contemplated                  under the terms of the LOI will ever be consummated. |
|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
|         | On                  May 12, 2008, the Company sold an additional 165,000 shares of                  its common                  stock to a relative of an existing stockholder for $5,500. Concurrently                  with the sale, the existing officers and directors of the Company                  resigned                  and the new stockholder was elected to serve as President, Secretary                  and                  Director of the Company.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |

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**Item        2. Management’s Discussion and Analysis of Financial Condition and Results of        Operations.**

| ***Forward                  Looking Statement                  Notice*** |
|--------------------------------------------------------------------------|

| ***Description                  of Business*** |
|------------------------------------------------|

----

|   | (i)   | filing                  Exchange Act reports, and  |
|--------|------------|---------------------------------------------------------|
|   | (ii)  | consummating                  an acquisition.      |

***Letter          of Intent***

| ***Liquidity                  and Capital Resources*** |
|--------------------------------------------------------|

----

|   |   |   |                                  |   |   |                                      |   |   | Cumulative                  Period  |   |
|--------|--------|--------|---------------------------------------|--------|--------|-------------------------------------------|--------|--------|------------------------------------------|--------|
|   |   |   | Three                  Months    |   |   | Three                  Months Ended  |   |   | From                                |   |
|   |   |   | Ended                            |   |   | March                  31, 2007      |   |   | May                  26, 2005       |   |
|   |   |   | March                  31, 2008  |   |   |                                      |   |   | (Inception)                  to     |   |
|   |   |   |                             |   |   |                                 |   |   | March                  31, 2008     |   |

| Net                  cash used in operating activities      |   | $ | (1,250 | )      | $ | (13,812 | )      | $ | (76,446 | )      |
|------------------------------------------------------------------|--------|---|--------|--------|---|---------|--------|---|---------|--------|
| Net                  cash used in investing activities      |   | $ | 0      |   | $ | 0       |   | $ | 0       |   |
| Net                  cash provided by financing activities  |   | $ | 5,100  |   | $ | 16,000  |   | $ | 80,600  |   |
| Net                  effect on cash                         |   | $ | 3,850  |   | $ | 2,188   |   | $ | 4,154   |   |

| ***Results                  of Operations*** |
|----------------------------------------------|

| ***Off-Balance                  Sheet Arrangements*** |
|-------------------------------------------------------|

| ***Contractual                  Obligations*** |
|------------------------------------------------|

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**Item        3. Quantitative and Qualitative Disclosures About Market        Risk.**

| **Item                  4T. Controls and Procedures.** ***Evaluation                  of Disclosure Controls and                  Procedures*** |
|------------------------------------------------------------------------------------------------------------------------------------------------------|

| ***Changes                  in Internal Controls*** |
|-----------------------------------------------------|

| **PART                  II — OTHER INFORMATION** |
|--------------------------------------------------------|

| **Item                  1. Legal Proceedings.** |
|-------------------------------------------------|

| **Item                  1A. Risk Factors.** |
|---------------------------------------------|

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

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

| None. |
|-------|

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

| None. |
|-------|

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| **Item 5. Other                  Information.**  |
|-----------------------------------------------------------------|
|                                                            |
|  None.                                                |
|                                                            |
| **Item 6. Exhibits.**                            |

|      |   |                                                                    |   |                                                                                                                                                  |
|-----------|--------|-------------------------------------------------------------------------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------|
| (a)  |   | Exhibits                  required by Item 601 of Regulation S-K.  |
|      |   |                                                                    |
|      |   | Exhibit                                                            |   | 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 and 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-Q for the quarter                  ended March 31, 2008.  |
|--------|--------|------------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   |       |   |                                                                                                                                                                                                                                                                                                                                                              |
|   |   | 32.1  |   | Certification                  of the Company’s Principal Executive Officer and Principal Financial                  Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant                  to Section                  906 of the Sarbanes Oxley Act of 2002.                                                                               |
|   |   |       |   |                                                                                                                                                                                                                                                                                                                                                              |

| *  | 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 14, 2008 | BLACK                  NICKEL ACQUISITION CORP. III                   |
|                          |                                                             |                                   |
|                               | By:                                                         | /s/ Jules                Benge Prag IV |
|                               | Jules Benge Prag IVPresident,                  Secretary and Director |
|                               |                                                                  |

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