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**U.S.      SECURITIES AND EXCHANGE COMMISSION**

**Washington,      D.C. 20549**

**AMENDMENT        NO.  1 TO 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** |
|-------|-------------------------------------------------------------------------------------------------------------------------------------------|

**Commission      File #333-127259**

**GRANT      ENTERPRISES, INC.**

| **Delaware**                                                                                          | **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**                   |

**EXPLANATORY        NOTE**

**Item      1.  Financial Information**

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**GRANT      ENTERPRISES, INC.**

**CONSOLIDATED      FINANCIAL STATEMENTS**

**AS      OF MARCH 31, 2007**

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**GRANT      ENTERPRISES, INC., INC.**

**Consolidated      Financial Statements**

**Table      of Contents**

| FINANCIAL                STATEMENTS                                                                                                                                                                                                                            | Page   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |
| Consolidated                Balance Sheet                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    | F-2    |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |
| Consolidated                Statement of Operations                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          | F-3    |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |
| Statement                of Stockholders' Equity                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             | F-4    |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |
| Consolidated                Statements of Cash                Flow                                                                                                        | F-5    |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |
| Notes                to the Financial                Statements                                                                                                                                                                       | F-6    |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |

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| **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 |   |   | $ | 40,751 |   |
| Accounts                  Receivable                                                                              |   |   | - |   |   |   | - |   |
| Prepaid                  Expenses                                                                                 |   |   | - |   |   |   | - |   |
|                                                                                                              |   |   |   |   |   |   |   |   |
| Total                  Current Assets                                                                             |   |   | 15,867 |   |   |   | 40,751 |   |
|                                                                                                              |   |   |   |   |   |   |   |   |
| **PROPERTY                  & EQUIPMENT**                                                                     |   |   |   |   |   |   |   |   |
|                                                                                                              |   |   |   |   |   |   |   |   |
|      Transportation                                                                      |   |   | 39,140  |   |   |   | 39,140  |   |
|      Vending                Equipment                                                    |   |   | 54,831  |   |   |   | 54,831 |   |
|      Less:                accumulated depreciation                                       |   |   | (67,358  |  ) |   |   | (66,663 |  ) |
|                                                                                                              |   |   |   |   |   |   |   |   |
| Total                  Property & Equipment                                                                   |   |   | 26,614 |   |   |   | 27,309 |   |
|                                                                                                              |   |   |   |   |   |   |   |   |
| **OTHER                  ASSETS**                                                                                 |   |   |   |   |   |   |   |   |
|                                                                                                              |   |   |   |   |   |   |   |   |
| Deposits                                                                                                          |   |   | 137 |   |   |   | 137 |   |
|                                                                                                              |   |   |   |   |   |   |   |   |
|  Total                  Other                  Assets                                                        |   |   | 137 |   |   |   | 137 |   |
|                                                                                                              |   |   |   |   |   |   |   |   |
| **        TOTAL                  ASSETS**                                 |   | **$** | **42,618** |   |   | **$** | **68,197** |   |
|                                                                                                              |   |   |   |   |   |   |   |   |
|                                                                                                              |   |   |   |   |   |   |   |   |
| **LIABILITIES                  AND STOCKHOLDERS' EQUITY**                                                         |   |
|                                                                                                              |   |   |   |   |   |   |   |   |
| **CURRENT                  LIABILITIES**                                                                          |   |   |   |   |   |   |   |   |
|                                                                                                              |   |   |   |   |   |   |   |   |
| Accrued                  expenses                                                                                 |   | $ | 2,750 |   |   | $ | 2,250 |   |
|                                                                                                              |   |   |   |   |   |   |   |   |
|   Total                  Current                  Liabilities                                           |   |   | 2,750 |   |   |   | 2,250 |   |
|                                                                                                              |   |   |   |   |   |   |   |   |
| **STOCKHOLDERS'                  EQUITY**                                                                         |   |   |   |   |   |   |   |   |
|                                                                                                              |   |   |   |   |   |   |   |   |
| Preferred                  stock, $0.001 per value;                                                               |   |   |   |   |   |   |   |   |
|     10,000,000                  authorized, none issued                                       |   |   |   |   |   |   |   |   |
|                                                                                                              |   |   |   |   |   |   |   |   |
| Common                  Stock, $.001 par value;                                                                   |   |   |   |   |   |   |   |   |
|     Authorized:                  100,000,000                                                  |   |   |   |   |   |   |   |   |
|     Issued:                  1,400,000 and 1,400,000, respectively                            |   |   | 1,400 |   |   |   | 1,400 |   |
| Additional                  paid in capital                                                                       |   |   | 100,362 |   |   |   | 100,362 |   |
| Retained                  earnings                                                                                |   |   | (61,894 | ) |   |   | (35,815 | ) |
|                                                                                                              |   |   |   |   |   |   |   |   |
|     Total                  Stockholder's Equity                                               |   |   | 39,868 |   |   |   | 65,947 |   |
|                                                                                                              |   |   |   |   |   |   |   |   |
| **        TOTAL                  LIABILITIES & STOCKHOLDER'S EQUITY** |   | **$** | **42,618** |   |   | **$** | **68,197** |   |
|                                                                                                              |   |   |   |   |   |   |   |   |

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| **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**        |   | $ | (0.02 | ) |   | $ | 0.00 |   |
|                                                                     |   |   |   |   |   |   |   |   |
|                                                                     |   |   |   |   |   |   |   |   |
|                                                                     |   |   |   |   |   |   |   |   |
| **Weighted                  average number of common shares**            |   |   | 1,400,000 |   |   |   | 1,400,000 |   |
|                                                                     |   |   |   |   |   |   |   |   |

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| **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            |   |   | 1,400,000 |   |   | $ | 1,400 |   |   | $ | 100,362 |   |   | $ | (25,980 | ) |   | $ | 75,783 |   |
|                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net                      income (loss)                     |   |   |   |   |   |   |   |   |   |   |   |   |   |   | 308 |   |   | $ | 308 |   |
|                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Balance,                      December 31, 2005            |   |   | 1,400,000 |   |   | $ | 1,400 |   |   | $ | 100,362 |   |   | $ | (25,672 | ) |   | $ | 76,090 |   |
|                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net                      income (loss)                     |   |   |   |   |   |   |   |   |   |   |   |   |   |   | (10,143 | ) |   |   | (10,143 | ) |
|                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Balance,                      December 31, 2006            |   |   | 1,400,000 |   |   | $ | 1,400 |   |   | $ | 100,362 |   |   | $ | (35,815 | ) |   | $ | 65,947 |   |
|                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net                      income (loss)                     |   |   | - |   |   |   | - |   |   |   | -  |   |   |   | (26,079 | ) |   |   | (26,079 | ) |
|                                                       |   |   |   |   |   |   |  |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Balance,                      March 31, 2007               |   |   | 1,400,000 |   |   | $ | 1,400 |   |   | $ | 100,362 |   |   | $ | (61,894 | ) |   | $ | 39,868 |   |
|                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |

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| **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 | ) |   | $ | 5,762 |   |
|                                                                                    |   |   |   |   |   |   |   |   |
| Adjustments                      to reconcile net income to net cash                    |   |   |   |   |   |   |   |   |
|   provided                      by  (used in) operating activities: |   |   |   |   |   |   |   |   |
|                                                                                    |   |   |   |   |   |   |   |   |
| Depreciation                                                                            |   |   | 695 |   |   |   | 695 |   |
| (Increase)                      Decrease in accounts receivable                         |   |   | - |   |   |   | (4,188 | ) |
| Increase                      (Decrease) in accrued expenses                            |   |   | 500 |   |   |   | 500 |   |
| Increase                      (Decrease) in accounts payable                            |   |   | - |   |   |   | 182 |   |
|                                                                                    |   |   |   |   |   |   |   |   |
| Total                      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 | ) |   |   | 3 |   |
| Cash                      - beginning balance                                           |   |   | 40,751 |   |   |   | 40,931 |   |
|                                                                                    |   |   |   |   |   |   |   |   |
| **CASH                      BALANCE END OF PERIOD**                                     |   | $ | 15,867 |   |   | $ | 40,934 |   |
|                                                                                    |   |   |   |   |   |   |   |   |

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**GRANT        ENTERPRISES, INC.**

**Notes        to the financial statements**

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----

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| Deferred                  tax assets:       |   |   |   |
|---------------------------------------------|--------|--------|--------|
| Federal                  net operating loss |   | $      | 5,489  |   |
| State                  net operating loss   |   |   | 1,736  |   |
|                                        |   |   |   |   |
| Total                  deferred tax assets  |   |   | 7,225  |   |
| Less                  valuation allowance   |   |   | (7,225 | ) |
|                                        |   |   |   |   |
|                                        |   | $      | --     |   |

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|                                               |   | 2007   |   |   | 2006   |   |
|----------------------------------------------------|--------|--------|--------|--------|--------|--------|
|                                               |   |   |   |   |   |   |
| Federal                  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 | % |

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**(a)**

**Exhibits**

**(b)**

**Reports      of Form      8-K**

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**SIGNATURES**

| **GRANT                ENTERPRISES, INC.** |
|--------------------------------------------|
|                                  |
| By:                                        | /*s/                Shahin Shadmer* |
|                                       | Shahin                Shadmer, |
|                                       | President,                Chief Executive Officer, |
|                                       | Chief                Financial Officer, Secretary &Director |