**U.S.
        SECURITIES AND EXCHANGE COMMISSION**
 **Washington,
        D.C. 20549**
  **FORM
        10-QSB**
  **x**
              **QUARTERLY
                  REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
                  ACT OF
                  1934**
  **For
        the quarterly period ended March 31, 2007**
  **o**
              **TRANSITION
                  REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
                  ACT OF
                  1934**
  For
        the
        transition period from
  **Commission
        File #333-127259**
  **GRANT
        ENTERPRISES, INC.**
 (Exact
        name of registrant as specified in its charter)
  **Nevada**
              **74-3130469**(State
                  or other jurisdiction of incorporation or organization)
              (I.R.S.
                  Employer Identification No.)**12100
                  Wilshire Blvd. Suite 702**
                **Los
                  Angeles, California 90025**
              **90025**(Address
                  of principal executive offices)
              (Zip
                  Code)Registrant’s
                  telephone number, including area code
              **(310)
                  979-6900**
 
 233
        Wilshire Blvd. Suite 960
 Santa
        Monica CA 90401
 (Former
        name, address and fiscal year, if changed since last report)
 
  Check
        whether the issuer (1) has filed all reports required to be filed by Section
        13
        or 15(d) of the Exchange Act during the preceding 12 months (or for such
        shorter
        period that the issuer was required to file such reports), and (2)has been
        subject to such filing requirements for the past 90 days.  Yes x  No o
  Indicate
        by check mark whether the registrant is a shell company as defined in Rule
        12b-2
        of the Exchange Act.
 Yes x  No o
 
 State
        the
        number of shares outstanding of each of the issuer’s classes of common equity,
        as of May 4, 2007: 7,000,000 shares of common stock.
   
  **GRANT
        ENTERPRISES, INC.**
 **FINANCIAL
        STATEMENTS**
  **INDEX**
  **PART
        I-- FINANCIAL INFORMATION**
  Item
                  1. Financial Statements
  Item
                  2. Management’s Discussion and Analysis of Financial
                  Condition
  Item
                  3. Control and Procedures
  **PART
        II-- OTHER INFORMATION**
  Item
                  1. Legal Proceedings
  Item
                  2. Changes in Securities
  Item
                  3. Defaults Upon Senior Securities
  Item
                  4. Submission of Matters to a Vote of Security
                  Holders
  Item
                  5. Other Information
  Item
                  6. Exhibits and Reports on Form 8-K
  **SIGNATURE**
  **Item
        1.  Financial Information**
  BASIS
        OF
        PRESENTATION
  The
        accompanying reviewed financial statements are presented in accordance with
        generally accepted accounting principles for interim financial information
        and
        the instructions to Form 10-QSB and item 310 under subpart A of Regulation
        S-B.
        Accordingly, they do not include all of the information and footnotes required
        by generally accepted accounting principles for complete financial statements.
        In the opinion of management, all adjustments (consisting only of normal
        occurring accruals) considered necessary in order to make the financial
        statements not misleading, have been included. Operating results for the
        three
        months ended March 31, 2007 are not necessarily indicative of results that
        may
        be expected for the year ending December 31, 2007. The financial statements
        are
        presented on the accrual basis.








**GRANT
        ENTERPRISES, INC.**
 
 
 
 **CONSOLIDATED
        FINANCIAL STATEMENTS**
 
 
 
 
 
 
 
 **AS
        OF MARCH 31, 2007**
 
 
 
 
 
 
 
 
 
 
 
   
 **GRANT
        ENTERPRISES, INC., INC.**
  
 **Consolidated
        Financial Statements**
  **Table
        of Contents**
 
 
 
 
  FINANCIAL
                  STATEMENTS
              PageConsolidated
                  Balance Sheet
              F-2Consolidated
                  Statement of Operations
              F-3Statement
                  of Stockholders' Equity
              F-4Consolidated
                  Statements of Cash Flow
              F-5Notes
                  to the Financial Statements
              F-6








F-1




**GRANT
                  ENTERPRISES, INC.****CONSOLIDATED
                  BALANCE SHEETS****As
                  of March 31, 2007 and December 31, 2006****(unaudited)****ASSETS****CURRENT
                  ASSETS**
              
              **03/31/07**
              
              **12/31/06**Cash
              
              $
              15,867
              
              $
              40,751Accounts
                  Receivable
              
              
              -
              
              
              -Prepaid
                  Expenses
              
              
              -
              
              
              -Total
                  Current Assets
              
              
              15,867
              
              
              40,751**PROPERTY
                  & EQUIPMENT**Transportation
              
              
              39,140
              
              
              39,140Vending
                  Equipment
              
              
              54,831
              
              
              54,831Less:
                  accumulated depreciation
              
              
              (67,358
              )
              
              (66,663
              )Total
                  Property & Equipment
              
              
              26,614
              
              
              27,309**OTHER
                  ASSETS**Deposits
              
              
              137
              
              
              137Total
                  Other Assets
              
              
              137
              
              
              137**TOTAL
                  ASSETS**
              
              **$**
              **42,618**
              
              **$**
              **68,197****LIABILITIES
                  AND STOCKHOLDERS' EQUITY****CURRENT
                  LIABILITIES**Accrued
                  expenses
              
              $
              2,750
              
              $
              2,250Total
                  Current Liabilities
              
              
              2,750
              
              
              2,250**STOCKHOLDERS'
                  EQUITY**Preferred
                  stock, $0.001 per value;10,000,000
                  authorized, none issuedCommon
                  Stock, $.001 par value;Authorized:
                  100,000,000Issued:
                  7,000,000
              
              
              7,000
              
              
              7,000Additional
                  paid in capital
              
              
              94,762
              
              
              94,762Retained
                  earnings
              
              
              (61,894
              )
              
              (35,815
              )Total
                  Stockholder's Equity
              
              
              39,868
              
              
              65,947**TOTAL
                  LIABILITIES & STOCKHOLDER'S EQUITY**
              
              **$**
              **42,618**
              
              **$**
              **68,197**




The
        accompanying notes are an integral part of these financial
        statements.
   F-2
  **GRANT
                    ENTERPRISES, INC.****CONSOLIDATED
                    STATEMENTS OF OPERATIONS****For
                    the three months ending March 31, 2007 and 2006****(unaudited)****03/31/07**
                
                **03/31/06****REVENUE**
                
                $
                2,249
                
                $
                17,756**COST
                    OF SERVICES**
                
                
                -
                
                
                5,994**GROSS
                    PROFIT OR (LOSS)**
                
                
                2,249
                
                
                11,762**GENERAL
                    AND ADMINISTRATIVE EXPENSES**
                
                
                28,328
                
                
                6,000**OPERATING
                    INCOME**
                
                
                (26,079
                )
                
                5,762**OTHER
                    INCOME**
                
                
                -
                
                
                -**NET
                    INCOME OR (LOSS)**
                
                $
                (26,079
                )
                $
                5,762**Earnings
                    (loss) per share, basic and diluted**
                
                $
                (0.00
                )
                $
                0.00**(5
                    for 1 stock split retroactivly applied)****Weighted
                    average number of common shares**
                
                
                7,000,000
                
                
                7,000,000
  The
          accompanying notes are an integral part of these financial
          statements.




F-3






**GRANT
                  ENTERPRISES, INC.****STATEMENT
                  OF STOCKHOLDERS' EQUITY****As
                  of March 31, 2007****(unaudited)****ADDITIONAL****COMMON**
              
              **PAR**
              
              **PAID
                  IN**
              
              **ACCUM.**
              
              **TOTAL****STOCK**
              
              **VALUE**
              
              **CAPITAL**
              
              **DEFICIT**
              
              **EQUITY**Balance,
                  December 31, 2004
              
              
              7,000,000
              
              $
              7,000
              
              $
              94,762
              
              $
              (25,980
              )
              $
              75,783Net
                  income (loss)
              
              
              -
              
              
              -
              
              
              -
              
              
              308
              
              $
              308Balance,
                  December 31, 2005
              
              
              7,000,000
              
              $
              7,000
              
              $
              94,762
              
              $
              (25,672
              )
              $
              76,090Net
                  income (loss)
              
              
              
              
              
              
              
              
              
              
              
              (10,143
              )
              
              (10,143
              )Balance,
                  December 31, 2006
              
              
              7,000,000
              
              $
              7,000
              
              $
              94,762
              
              $
              (35,815
              )
              $
              65,947Retroactively
                  applied shareisswuance
                  treated as a 5-to-1 stocksplit
                  at par value, $0.001 per shareon
                  February 21, 2007Net
                  income (loss)
              
              
              -
              
              
              -
              
              
              -
              
              
              (26,079
              )
              
              (26,079
              )Balance,
                  March 31, 2007
              
              
              7,000,000
              
              $
              7,000
              
              $
              94,762
              
              $
              (61,894
              )
              $
              39,868






The
        accompanying notes are an integral part of these financial
        statements.






F-4




**GRANT
                  ENTERPRISES, INC.****CONSOLIDATED
                  STATEMENTS OF CASH FLOWS****For
                  the three months ending March 31, 2007 and 2006****(unaudited)****CASH
                  FLOWS FROM OPERATING ACTIVITIES**
              
              **03/31/07**
              
              **03/31/06**Net
                  income (loss)
              
              $
              (26,079
              )
              $
              5,762Adjustments
                  to reconcile net income to net cashprovided
                  by (used in) operating activities:Depreciation
              
              
              695
              
              
              695(Increase)
                  Decrease in accounts receivable
              
              
              -
              
              
              (4,188
              )Increase
                  (Decrease) in accrued expenses
              
              
              500
              
              
              500Increase
                  (Decrease) in accounts payable
              
              
              -
              
              
              182Total
                  adjustments to net income
              
              
              1,195
              
              
              (2,811
              )Net
                  cash provided by (used in) operating activities
              
              
              (24,884
              )
              
              2,951**CASH
                  FLOWS FROM INVESTING ACTIVITIES**Cash
                  paid for assets
              
              
              -
              
              
              -Net
                  cash flows provided by (used in) investing activities
              
              
              -
              
              
              -**CASH
                  FLOWS FROM FINANCING ACTIVITIES**Cash
                  paid, distribution to stockholder
              
              
              -
              
              
              (2,948
              )Cash
                  received from stockholder
              
              
              -
              
              
              -Net
                  cash provided by (used in) financing activities
              
              
              -
              
              
              (2,948
              )**CASH
                  RECONCILIATION**Net
                  increase (decrease) in cash
              
              
              (24,884
              )
              
              3Cash
                  - beginning balance
              
              
              40,751
              
              
              40,931**CASH
                  BALANCE END OF PERIOD**
              
              $
              15,867
              
              $
              40,934




The
        accompanying notes are an integral part of these financial
        statements.




F-5






**GRANT
        ENTERPRISES, INC.**
 
 **Notes
        to the financial statements**
 
   1.   Summary
        of Significant Accounting Policies:
  Industry - Grant
        Enterprises, Inc. (the Company) was incorporated in the state of Delaware
        on
        September 9, 2004. At the time of incorporation the Company exchanged shares
        with Grant Enterprises, LLC. making Grant Enterprises, LLC. an acquired
        subsidiary. As the Company was the non-operating acquirer, for accounting
        purposes Grant Enterprises, LLC is considered the accounting acquirer. The
        share
        exchange has been accounted for as a retroactive stock split. Grant Enterprises,
        LLC. was organized as a Limited-Liability company on April 30, 2001 under
        the
        laws of the State of Nevada. The Company is headquartered in California.
        The
        Company is involved in the sale of and the vending service of the Kinjoy
        Shiatsu
        Massage System. This System is a chair that is marketed to private individuals
        as well as health and wellness businesses, including spas, health clubs,
        nursing, hospice, and hospital facilities and other operations where customer
        comfort is the highest priority. With the chair’s new vending device, the chair
        can be placed in high traffic areas without increasing overhead costs with
        additional staff or certifications. The chair is offered for sale as well
        as
        vending opportunities. The Company’s fiscal year end is December 31, a calendar
        year end.
  Significant
        Accounting Policies:
  The
        Company’s management has adopted the following accounting policies.
  Revenue
        Recognition
  Sales
        revenue:
  Revenues,
        accounted for on a net basis, resulting from the sale of chairs are recognized
        when the chairs are received by the customer. The Company determines the
        sales
        price, is responsible for collecting payment from the customer, and bears
        the
        risk for product returns and the risks of non-payment. The Company generally
        purchases its inventory of chairs directly from its supplier at the time
        a
        customer places an order. Generally, the chairs are shipped directly from
        the
        supplier to the customer and the Company takes title to the chairs once they
        are
        shipped from the supplier. From time to time the Company does hold an inventory
        of chairs but prefers to purchase the chairs at the time an order is received
        from a customer
  Vending
        revenues:
  Vending
        revenues are recognized at the time the chairs are being used for a massage
        by
        the customer. The Company collects revenue of vending the chairs via the
        customer paying by charge card or coin collection (whereby the Company makes
        regular coin collection visits). The Company records as cost of vending revenue
        the amounts paid to the location where vending chairs are made available
        for
        vending (50% of the gross vending receipts) as well as depreciation on the
        chairs owned by the Company for purposes of vending.
  Cash
        and Cash Equivalents - The
        Company considers cash on hand and amounts on deposit with financial
        institutions which have original maturities of three months or less to be
        cash
        and cash equivalents.
  Basis
        of Accounting - The
        Company’s financial statements are prepared in accordance with generally
        accepted accounting principles. The Company’s management has made all
        adjustments in their opinion that are necessary in order to make the financial
        statements not misleading.
   F-6
  Estimates
        and adjustment -The
        Company’s management is of the opinion that all estimates and adjustment have
        been made in accordance with Generally Accepted Accounting Principle in order
        for the financial statements to not be misleading.
  Inventory -Stated
        at the lower of cost or market, cost being determined by the first in, first
        out
        method.
  Property
        and Equipment -
        Vending equipment is recorded at cost. Depreciation is computed on the double
        declining balance method over the estimated useful life of 5 years and the
        expense is recorded as a cost of sales. Transportation equipment is used
        in
        order for the Company to make collections on vending revenue and is also
        depreciated on the double declining method over the estimated useful life
        of 5
        years and is recorded as an expense of general and administration.
  Income
        Taxes - The
        Parent and Subsidiary Company utilize the asset and liability method to measure
        and record deferred income tax assets and liabilities. Deferred tax assets
        and
        liabilities reflect the future income tax effects of temporary differences
        between the financial statement carrying amounts of existing assets and
        liabilities and their respective tax bases and are measured using enacted
        tax
        rates that apply to taxable income in the years in which those temporary
        differences are expected to be recovered or settled. Deferred tax assets
        are
        reduced by a valuation allowance when, in the opinion of management, it is
        more
        likely than not that some portion or all of the deferred tax assets will
        not be
        realized.
  Earnings
        Per Share - Basic
        and diluted earnings per share is computed by dividing earnings available
        to
        stockholders by the weighted-average number of shares outstanding for the
        period
        as guided by the Financial Accounting Standards Board (FASB) under Statement
        of
        Financial Accounting Standards (SFAS) No. 128, “Earnings per Shares”. Diluted
        EPS reflects the potential dilution of securities that could share in the
        earnings. At the balance sheet date, there were 200,000 options outstanding
        which are anti-dilutive.
  Concentrations
        of Credit Risk -
        Financial instruments that potentially expose the Company to concentrations
        of
        credit risk consist principally of operating demand deposit accounts. The
        Company’s policy is to place its operating demand deposit accounts with high
        credit quality financial institutions that are insured by the FDIC.
  Compensation
        in the form of stock - As
        listed in footnote number 7 the Company has only one equity instrument in
        the
        form of a stock option for a Company officer as follows:
  On
        September 1, 2005 the Company issued an option agreement to the Company’s
        officer for the purchase of 200,000 shares of common stock for the purchase
        price of $1.00 per share that expired on March 7, 2006. These options are
        accounted for under Statement of Financial Accounting Standard 123R “Accounting
        for Stock-based Compensation”. The grant date and vesting date for these options
        was September 1, 2005and to date have not been exercised. The fair value
        of
        these options at the grant date and at year end was less than the exercise
        price
        of the options therefore no value was expensed in the Statement of Operations
        as
        compensation expense.
  The
        Company used SFAS No.123, “Accounting For Stock Based Compensation,” for the
        year ending December 31, 2005. As required by a revision of this standard,
        the
        Company has adopted SFAS No. 123R to account for stock based compensation
        whereby through this adoption the Company accounts for amounts regarding
        stock
        based compensation at its expense instead of proforma results. For this
        transition the Company has elected the prospective method to account for
        the
        change. For the twelve months ended December 31, 2006 the exercise price
        of the
        option mentioned above was above fair market value of the stock and therefore
        no
        expense was recorded.
  Estimates
        and adjustment -The
        Company’s management is of the opinion that all estimates and adjustment have
        been made in accordance with Generally Accepted Accounting Principle in order
        for the financial statements to not be misleading.
   F-7
  
 2.   Related
        Party Transactions:
  A
        primary
        shareholder, Richard Carrigan, from time to time has loaned the Company working
        capital in the form of a loan with no terms. The nature of these transactions
        is
        an informal agreement with the founder and primary shareholder of the Company.
        These amounts are used for working capital when the Company has shortfalls
        in
        cash flows. The transactions occur when the shareholder places Company expenses
        on his credit card and the company later reimburses the shareholder for these
        expenses. From time to time the Company pays cash to the shareholder in excess
        of the amounts owed upon which the Company records these amounts as a related
        party advance as these funds will be used for future reimbursements. At December
        31, 2006 and December 31, 2005 the Company has related party receivables
        $0 and
        $3,721, respectively, towards expenses which are recorded as related party
        advances. For the interim period ending March 31, 2007, there are no related
        party receivables.
  3.   Accounts
        Receivable:
  The
        Company has balances in accounts receivable from the sale of chairs and
        historically has not had material amounts of bad debt write offs therefore an
        allowance for doubtful accounts was not established. The Company’s vending
        operations work on pre-paid basis and therefore have no receivables.
  4.   Use
        of Estimates:
  The
        preparation of financial statements in conformity with generally accepted
        accounting principles requires management to make estimates and assumptions
        that
        affects the reported amounts of assets and liabilities and disclosure of
        contingent assets and liabilities at the date of the financial statements
        and
        the reported amounts of revenues and expenses during the reporting period.
        Actual results could differ from those estimates.
  5.   Accounts
        Payable and Accrued Expenses:
  Accounts
        payable and accrued expenses consist of trade payables from normal operations
        of
        the business.
  6.   Operating
        and Capital Lease Agreements:
  The
        Company has no short term or long term leases.
  7.   Stockholder
        Equity:
  The
        Company has authorized 10,000,000 shares of preferred stock at a par value
        of
        $.001 per share none of which have been issued.
  The
        Company has authorized 100,000,000 shares of common stock at a par value
        of
        $.001 per share of which 1,400,000 shares have been issued.
  Upon
        incorporation of the Company (September 9, 2004), 1,000,000 shares of common
        stock were issued in an exchange agreement for the 1,000 units (100%) of
        the
        subsidiary, Grant Enterprises, LLC, for a value of its existing capital as
        accounted for as a partnership. Grant Enterprises, LLC is considered the
        accounting acquirer and therefore the share exchange was accounted as a
        retroactive share exchange with the unit holders.
  During
        September of 2004 the Company undertook a private placement offering of 400,000
        shares of common stock for a value of $40,000, or $.10 per share. The Company’s
        management considers the offering exempt from reporting with the U.S. Securities
        and Exchange Commission.
 
 During
        February 2007, the Company undertook a 5-for-1 forward stock split of the
        Corporation’s issued and outstanding shares.
   F-8
  Stock
        Based Compensation:
  On
        September 1, 2005 the Company issued an option agreement to the Company’s
        officer for the purchase of 200,000 shares of common stock for the purchase
        price of $1.00 per share that expired on March 7, 2006. These options are
        accounted for under Statement of Financial Accounting Standard 123R “Accounting
        for Stock-based Compensation”. The grant date and vesting date for these options
        was September 1, 2005and to date have not been exercised. The fair value
        of
        these options at the grant date and at year end was less than the exercise
        price
        of the options therefore no value was expensed in the Statement of Operations
        as
        compensation expense.
  8.   Employment
        Contract and Incentive Commitments:
  The
        Company has no employment contracts and incentive commitments.
  9.
        Income Taxes:
  The
        income tax payable that was accrued for the year ended December 31, 2006
        was
        offset by the Company’s net operating loss carryforward therefore the provisions
        for income tax in the income statement is $0.
  For
        the
        twelve months ended December 31, 2006 the Company had an operating loss of
        $
        10,143 which is a loss that can be carried forward to offset future income
        for a
        period of 20 years. The Company has net operating loss carryforwards that
        were
        derived solely from operating losses. These amounts can be carried forward
        to be
        used to offset future income for tax purposes for a period of 20 years for
        each
        year’s loss. The accounting for these losses derive a deferred tax asset for the
        twelve months ended December 31, 2006 of 2,029
  No
        provision was made for federal income tax since the Company has significant
        net
        operating losses. From inception through December 31, 2006 the Company incurred
        net operating losses for tax purposes of approximately $35,815. The net
        operating loss carry forwards may be used to reduce taxable income through
        the
        years 2024 to 2026. The availability of the Company’s net operating loss
        carryforwards are subject to limitation if there is a 50% or more positive
        change in the ownership of the Company’s stock. The provision for income taxes
        consists of the federal and state minimum tax imposed on
        corporations.
 
 Deferred
        income taxes reflect the net tax effects of temporary differences between
        the
        carrying amounts of assets and liabilities for financial statement purposes
        and
        the amounts used for income tax purposes. Significant components of the
        Company's deferred tax liabilities and assets as of March 31, 2007 are as
        follows:
  Deferred
                  tax assets:Federal
                  net operating loss
              
              $
              3,912State
                  net operating loss
              
              
              1,304Total
                  deferred tax assets
              
              
              5,216Less
                  valuation allowance
              
              
              (5,216
              )$
              --
 
 The
        Company has provided a 100% valuation allowance on the deferred tax assets
        at
        March 31, 2007 to reduce such asset to zero, since there is no assurance
        that
        the Company will generate future taxable income to utilize such asset.
        Management will review this valuation allowance requirement periodically
        and
        make adjustments as warranted.
 
 The
        reconciliation of the effective income tax rate to the federal statutory
        rate
        for the years ended March 31 and December 31, 2006:
   F-9
  
 2007
              
              2006Federal
                  income tax rate
              
              
              (15.0
              %)
              
              (15.0
              %)State
                  tax, net of federal benefit
              
              
              (5.0
              %)
              
              (5.0
              %)Increase
                  in valuation allowance
              
              
              20.0
              %
              
              20.0
              %Effective
                  income tax rate
              
              
              0.0
              %
              
              0.0
              %
   The
        Subsidiary Company prior to acquisition by the Parent Company ( September
        2004)
        accounted for income taxes as a Limited Liability Company by preparing a
        partnership return whereby any income or loss generated by the Subsidiary
        would
        be passed through to the individual unit holders. After acquisition the
        Subsidiary Company adopted the method of accounting for income taxes as the
        Parent Company accounts for income taxes under the deferred tax asset and
        liability method. If the Company accounted for income taxes prior to acquisition
        the Company would have realized a net operating loss carryforward in the
        amount
        of $20,560 which would have expired in the year 2024 if not used to offset
        income. Using the effective tax rate of 20% this would have resulted in a
        deferred tax asset in the amount of $4,112 of which the Company would set
        an
        allowance of $4,112 as the Company’s management believes the company would more
        than likely not have the ability to use this asset.
 
 The
        Parent Company acts as a holding company and does not have operations therefore
        there were no deferred tax assets or liabilities to account for. The Parent
        Company and Subsidiary Company do not file a consolidated tax return therefore
        the deferred tax assets and liabilities that are disclosed are that of the
        Subsidiary Company and consolidated with the Parent Company for accounting
        reasons.
  10.   Required
        Cash Flow Disclosure for non-cash items, Interest and Taxes
        Paid:
  The
        Company has made no cash payments for interest or income taxes.
  11.   Contingent
        Liabilities:
  Currently
        the Company has not identified any contingent liabilities that may be due.
 
  F-10
  **Item
          2.**   **Management’s
          Discussion and Analysis or Plan of Operation**
  The
          following discussion of the financial condition and results of operations
          should
          be read in conjunction with the consolidated financial statements and related
          notes thereto. The following discussion contains certain forward-looking
          statements that involve risks and uncertainties. Our actual results could
          differ
          materially from those discussed therein. Factors that could cause or contribute
          to such differences include, but are not limited to, risks and uncertainties
          related to the need for additional funds, the rapid growth of the operations
          and
          our ability to operate profitably a number of new projects.
  **Overview**
  Since
          our
          inception, we have generated revenue in the sale of and the vending service
          of
          the Kinjoy Shiatsu Massage System. This System is a chair that is marketed
          to
          private individuals as well as health and wellness businesses, including
          spas,
          health clubs, nursing hospice, and hospital facilities and other operations
          where customer comfort is the highest priority. We are the exclusive distributor
          of the Kinjoy Chairs in Michigan, Mississippi, Nevada and New Jersey. With
          the
          chair’s new vending device, the chair can be placed in high traffic areas
          without increasing overhead costs with additional staff or certifications.
          The
          chair is offered for sale as well as vending opportunities. We consider
          competition from other similar companies to be a risk for future revenues.
          Downward trend of our revenues may continue with increased competition.
          The sale
          of Chairs has declined due to competition. Vending revenues have also declined.
          Grant Enterprises, Inc. has left all business activity that Grant Enterprises,
          L.L.C. has created with that subsidiary.
 
 During
          the next twelve months, we expect to take the following steps in connection
          with
          the further development of our business and the implementation of our plan
          of
          operations:
  We
          will
          focus on striking more vending deals and sales agreements with casinos,
          both in
          Nevada, and casinos on Indian gaming reservations in California. We hope
          to
          either strike vending agreements or sale agreements with the casinos to
          install
          chairs in areas where casino customers ordinarily rest on chairs such as
          (i)
          sports betting areas; (ii) lounge areas; and (iii) near tables. By placing
          chairs in these areas, we hope to generate revenue from casino customers
          who
          wish to receive a massage while they rest. We also believe that the California
          market will provide opportunities for further expansion. We hope to increase
          both our revenues from sale of chairs and vending by 20% each year.
  We
          will
          attempt to raise capital from sale of our common stock, business lines
          of
          credit, and loans from investors, shareholders or management, and/or joint
          venture partners. Management will use its best efforts to raise the additional
          funds carry out the planned program but there is significant risk that
          we may
          not secure the necessary funding.
  We
          will
          primarily invest in new business development and ongoing business activities
          including sales and marketing, advertisement, legal and human resource
          development. We do not have sufficient cash to hire such personnel and
          basic
          operating infrastructure for a period of one year as shown by our working
          capital balance as of December 31, 2006. We will continue to hire as independent
          contractors on a commission basis. If we are successful in developing new
          business, management will assess the results to determine the best course
          of
          action for ongoing and future needs.
 
 **Results
          of Operations**
 
 ***For
          the Quarter Ended March 31, 2007 and 2006***
 
 Gross
          Revenues
  Gross
          revenues through March 31, 2007 were $2,249 a decrease of $15,507 from
          the 2006
          amount of $17,756 or a decrease of 87% approximately. 100% of that decrease
          was
          related to a decrease in revenues from vending as there was no revenues
          from
          sale of chairs. In the first quarter of 2006, 100 % of the revenues derived
          from
          vending. In the first quarter of 2007, 100% of the revenues derived from
          vending
          as well.
 
 Cost
          of Revenue
 
 Cost
          of
          revenue for the three months ended March 31, 2007 was $0 compared to $5,994
          in
          the three months ended March 31, 2006. The decrease in cost of revenue
          was due
          to the decrease in revenues and there was no licensing fees paid in the
          first
          quarter of 2007.
   
  Gross
          Profit decreased from $11,762 for the three month period ended March 31,
          2006 to
          $2,249 for the three month period ended March 31, 2007, a decrease $9,513
          or
          80%. The decrease in gross profits was a result of the decrease in revenues
          in
          2007. The company believes that the decrease in revenue represents a trend
          however, there is no guarantee that this trend will continue in the near
          future.
  General
          and Administrative expenses increased from $6,000 for the three month period
          ended March 31, 2006 to $28,328 for the three month period ended March
          31, 2007.
          This increase was due to an increase in professional fees and expenses
          related
          to the company going public including legal and accounting fees. We expect
          the
          significant future general and administrative costs to be that of those
          costs
          revolving around our growth plans and professional fees for our filings
          with the
          U.S. Securities and Exchange Commission at the parent company
          level.
  Net
          Income
  Net
          loss
          for the three months ended March 31, 2007 was $26,079 compared to net income
          for
          the three months ended March 31, 2006 of $5,762, a difference of $31,841.
          This
          increase in net loss was directly related to a decrease in our revenues
          and an
          increase in general and administrative expenses.
  Our
          ability to achieve our business objectives is contingent upon our success
          in
          raising additional capital to enter new markets and then rely on cash flows
          from
          operations for future growth
  **Liquidity
          and Capital Resources**
  We
          raised
          $40,000 in a private placement in September 2004 and maintained a cash
          balance
          at March 31, 2007 of $15,867. These funds as well as our business activity
          will
          allow us to have positive cash flows for the current year. We have historically
          satisfied our cash requirements through revenues, short term financings,
          and
          issuance of common stock for cash. We anticipate that cash requirements
          will
          continue to increase as we continue to expend resources to build infrastructure,
          develop a business plan and establish a marketing network, customer support
          and
          administrative organizations.
  We
          anticipate that future revenue will be sufficient to cover budgeted operating
          expenditures and offering expenses. Although we believe we have sufficient
          cash
          to meet our minimum expenses for the next 12 months, we will be unable
          to expand
          on our business unless we are successful in raising additional capital.
          There is
          no assurance we will be successful in raising the needed capital. Should
          we
          pursue additional capital investment, we expect such financing to take
          the form
          of a private placement of equity or debt. We intend to seek advice from
          investment professionals on how to obtain additional capital. Current assets
          as
          of March 31, 2007 were $15,867 which consisted of entirely of cash. Total
          current liabilities as of March 31, 2007 were $2,750, which consisted entirely
          of accrued expenses.
  **Recent
          Accounting Pronouncements**
  In
          May
          2005, the FASB issued SFAS 154, Accounting Changes and Error Corrections.
          This
          Statement replaces APB Opinion No. 20, Accounting Changes, and FASB Statement
          No. 3, Reporting Accounting Changes in Interim Financial Statements, and
          changes
          the requirements for the accounting for and reporting of a change in accounting
          principle. This Statement applies to all voluntary changes in accounting
          principle.
 
 It
          also
          applies to changes required by an accounting pronouncement in the unusual
          instance that the pronouncement does not include specific transition provisions.
          SFAS 154 also requires that a change in depreciation, amortization or depletion
          method for long-lived, nonfinancial assets be accounted for as a change
          in
          accounting estimate affected by a change in accounting principle. This
          Statement
          is effective in fiscal years beginning after December 15, 2005. The Company
          has
          not yet determined the effect of implementing this standard.
  SFAS
          155,
          Accounting for Certain Hybrid Financial Instruments and SFAS 156, Accounting
          for
          Servicing of Financial Assets were recently issued. SFAS 155 and 156 have
          no
          current applicability to the Company and have no effect on the financial
          statements.
 
 **Off-Balance
          Sheet Arrangements**
 
 We
          do not
          have any off-balance sheet arrangements, financings, or other relationships
          with
          unconsolidated entities or other persons, also known as “special purpose
          entities” (SPEs).
   
  **Item
          3.**    **Controls
          and Procedures**
  Under
          the
          supervision and with the participation of our management, including our
          principal executive officer and principal financial officer, we conducted
          an
          evaluation of our disclosure controls and procedures, as such term is defined
          under Rule 13a-15(e) and Rule 15d-15(e) promulgated under the Securities
          Exchange Act of 1934, as amended (Exchange Act), as of March 31, 2007.
          Based on
          this evaluation, our principal executive officer and principal financial
          officer
          have concluded that our disclosure controls and procedures are effective
          to
          ensure that information required to be disclosed by us in the reports we
          file or
          submit under the Exchange Act is recorded, processed, summarized, and reported
          within the time periods specified in the Securities and Exchange Commission’s
          rules and forms and that our disclosure and controls are designed to ensure
          that
          information required to be disclosed by us in the reports that we file
          or submit
          under the Exchange Act is accumulated and communicated to our management,
          including our principal executive officer and principal financial officer,
          or
          persons performing similar functions, as appropriate to allow timely decisions
          regarding required disclosure.
  There
          were no changes (including corrective actions with regard to significant
          deficiencies or material weaknesses) in our internal controls over financial
          reporting that occurred during the first quarter of fiscal 2007 that has
          materially affected, or is reasonably likely to materially affect, our
          internal
          control over financial reporting.
  **PART
          II - OTHER INFORMATION**
  Item
          1.   Legal
          Proceedings.
 
 The
          Company is currently not a party to any pending legal proceedings and no
          such
          action by, or to the best of its knowledge, against the Company has been
          threatened.
  Item
          2.   Changes
          in Securities.
 
 None
 
 Item
          3.   Defaults
          Upon Senior Securities.
 
 None
 
 Item
          4.   Submission
          of Matters to a Vote of Security Holders.
 
 No
          matter
          was submitted during the quarter ending March 31, 2007, covered by this
          report
          to a vote of the Company’s shareholders, through the solicitation of proxies or
          otherwise.
  Item
          5.   Other
          Information.
 
 None
 
 Item
          6.   Exhibits
          and Reports of Form 8-K.
 
 **(a)**    **Exhibits**
 31.1
          Certification pursuant to Section 302 of Sarbanes Oxley Act of 2002
 32.1
          Certification pursuant to Section 906 of Sarbanes Oxley Act of
          2002
  **(b)**   **Reports
          of Form 8-K**
 None
  
  **SIGNATURES**
  In
          accordance with Section 13 or 15(d) of the Exchange Act, the registrant
          caused
          this report to be signed on its behalf by the undersigned, there unto duly
          authorized.
  **GRANT
                    ENTERPRISES, INC.**By:
                /*s/
                    Shahin Shadmer*Shahin
                    Shadmer,President,
                    Chief Executive Officer,Chief
                    Financial Officer, Secretary &
Director
 
 Date:
          May
          4, 2007