**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 June 30, 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)




**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**





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 xNo
o




Indicate
      by check mark whether the registrant is a shell company as defined in Rule
      12b-2
      of the Exchange Act.  Yes xNo
o





State
      the
      number of shares outstanding of each of the issuer’s classes of common equity,
      as of July 31, 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 six
      months ended June 30, 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.








2





**GRANT
                  ENTERPRISES, INC.****CONSOLIDATED
                  BALANCE SHEETS****As
                  of June 30, 2007 and December 31, 2006****(unaudited)****ASSETS****CURRENT
                  ASSETS**
              
              **06/30/07**
              
              
              **12/31/06**Cash
              
              $
              4,283
              
              
              $
              40,751Accounts
                  Receivable
              
              
              -
              
              
              
              -Prepaid
                  Expenses
              
              
              -
              
              
              
              -Total
                  Current Assets
              
              
              4,283
              
              
              
              40,751**PROPERTY
                  & EQUIPMENT**Transportation
              
              
              39,140
              
              
              
              39,140Vending
                  Equipment
              
              
              54,831
              
              
              
              54,831Less:
                  accumulated depreciation
              
              
              (68,053
              )
              
              
              (66,663
              )Total
                  Property & Equipment
              
              
              25,919
              
              
              
              27,309**OTHER
                  ASSETS**Deposits
              
              
              137
              
              
              
              137Total
                  Other Assets
              
              
              137
              
              
              
              137**TOTAL
                  ASSETS**
              
              **$**
              **30,339**
              
              
              **$**
              **68,197****CURRENT
                  LIABILITIES**Accrued
                  expenses
              
              $
              3,250
              
              
              $
              2,250Loan
                  Payable to Related Party
              
              
              347
              
              
              
              -Total
                  Current Liabilities
              
              
              3,597
              
              
              
              2,250**STOCKHOLDERS'
                  EQUITY**Preferred
                  stock, $0.001 per value;10,000,000
                  authorized, none issued
              
              
              -
              
              
              
              -Common
                  Stock, $.001 par value;Authorized:
                  100,000,000Issued:
                  1,400,000 and 1,400,000, respectively
              
              
              1,400
              
              
              
              1,400Additional
                  paid
                  in capital
              
              
              100,362
              
              
              
              100,362Retained
                  earnings
              
              
              (75,020
              )
              
              
              (35,815
              )Total
                  Stockholder's Equity
              
              
              26,742
              
              
              
              65,947**TOTAL
                  LIABILITIES & STOCKHOLDER'S EQUITY**
              
              **$**
              **30,339**
              
              
              **$**
              **68,197**




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




3




**GRANT
                  ENTERPRISES, INC.****CONSOLIDATED
                  STATEMENTS OF OPERATIONS****For
                  the six months ending June 30, 2007 and 2006****(unaudited)****06/30/07**
              
              
              **06/30/06****REVENUE**
              
              $
              3,465
              
              
              $
              20,865**COST
                  OF SERVICES**
              
              
              -
              
              
              
              3,221**GROSS
                  PROFIT OR (LOSS)**
              
              
              3,465
              
              
              
              17,644**GENERAL
                  AND ADMINISTRATIVE EXPENSES**
              
              
              42,670
              
              
              
              14,863**OPERATING
                  INCOME**
              
              
              (39,205
              )
              
              
              2,781**OTHER
                  INCOME**
              
              
              -
              
              
              
              -**NET
                  INCOME OR (LOSS)**
              
              $
              (39,205
              )
              
              $
              2,781**Earnings
                  (loss) per share, basic and diluted**
              
              $
              (0.03
              )
              
              $
              0.00**Weighted
                  average number of common shares**
              
              
              1,400,000
              
              
              
              1,400,000






The
        accompanying notes are an integral part of these financial
        statements.
  4






**GRANT
                  ENTERPRISES, INC.****CONSOLIDATED
                  STATEMENTS OF OPERATIONS****For
                  the three months ending June 30, 2007 and 2006****(unaudited)****06/30/07**
              
              
              **06/30/06****REVENUE**
              
              $
              1,216
              
              
              $
              6,409**COST
                  OF SERVICES**
              
              
              -
              
              
              
              527**GROSS
                  PROFIT OR (LOSS)**
              
              
              1,216
              
              
              
              5,882**GENERAL
                  AND ADMINISTRATIVE EXPENSES**
              
              
              14,342
              
              
              
              8,863**OPERATING
                  INCOME**
              
              
              (13,126
              )
              
              
              (2,981
              )**OTHER
                  INCOME**
              
              
              -
              
              
              
              -**NET
                  INCOME OR (LOSS)**
              
              $
              (13,126
              )
              
              $
              (2,981
              )






The
          accompanying notes are an integral part of these financial
          statements.
   5
  **GRANT
                      ENTERPRISES, INC.****STATEMENT
                      OF STOCKHOLDERS' EQUITY****As
                      of June 30, 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
                  )
                  
                  $
                  75,783Net
                      income (loss)
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  308
                  
                  
                  $
                  308Balance,
                      December 31, 2005
                  
                  
                  1,400,000
                  
                  
                  $
                  1,400
                  
                  
                  $
                  100,362
                  
                  
                  $
                  (25,672
                  )
                  
                  $
                  76,090Net
                      income (loss)
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  (10,143
                  )
                  
                  
                  (10,143
                  )Balance,
                      December 31, 2006
                  
                  
                  1,400,000
                  
                  
                  $
                  1,400
                  
                  
                  $
                  100,362
                  
                  
                  $
                  (35,815
                  )
                  
                  $
                  65,947Net
                      income (loss)
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  (39,205
                  )
                  
                  
                  (39,205
                  )Balance,
                      June 30, 2007
                  
                  
                  1,400,000
                  
                  
                  $
                  1,400
                  
                  
                  $
                  100,362
                  
                  
                  $
                  (75,020
                  )
                  
                  $
                  26,742


The
          accompanying notes are an integral part of these financial
          statements.
   6
   **GRANT
                      ENTERPRISES, INC.****CONSOLIDATED
                      STATEMENTS OF CASH FLOWS****For
                      the six months ending June 30, 2007 and 2006****(unaudited)****CASH
                      FLOWS FROM OPERATING ACTIVITIES**
                  
                  **06/30/07**
                  
                  
                  **06/30/06**Net
                      income (loss)
                  
                  $
                  (39,205
                  )
                  
                  $
                  2,781Adjustments
                      to
                      reconcile net income to net cashprovided
                      by  (used in) operating activities:Depreciation
                  
                  
                  1,390
                  
                  
                  
                  1,390(Increase)
                      Decrease in accounts receivable
                  
                  
                  -
                  
                  
                  
                  (251
                  )Increase
                      (Decrease) in accrued expenses
                  
                  
                  1,000
                  
                  
                  
                  1,000Increase
                      (Decrease) in accounts payable
                  
                  
                  -
                  
                  
                  
                  -Total
                      adjustments to net income
                  
                  
                  2,390
                  
                  
                  
                  2,139Net
                      cash provided by (used in) operating activities
                  
                  
                  (36,815
                  )
                  
                  
                  4,920**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
                  
                  
                  -
                  
                  
                  
                  (2,491
                  )Cash
                      received from stockholder
                  
                  
                  347
                  
                  
                  
                  -Net
                      cash provided by (used in) financing activities
                  
                  
                  347
                  
                  
                  
                  (2,491
                  )**CASH
                      RECONCILIATION**Net
                      increase (decrease) in cash
                  
                  
                  (36,468
                  )
                  
                  
                  2,429Cash
                      -
                      beginning balance
                  
                  
                  40,751
                  
                  
                  
                  40,931**CASH
                      BALANCE END OF PERIOD**
                  
                  $
                  4,283
                  
                  
                  $
                  43,360
  The
                  accompanying notes are an integral part of these financial
                  statements.


7








**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.
   8
   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.
  
 9
 
 
 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 June 30, 2007, there are no related party
        receivables and there is a
        related party payable of $347.
 
  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.
 
  10
 
 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, 2005 and at the time these options had expired, none had
          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 June 30, 2007 the Company incurred
        net
        operating losses for tax purposes of approximately $86,460. The net operating
        loss carry forwards may be used to reduce taxable income through the years
        2024
        to 2027. 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 June 30, 2007 are as
        follows:
  Deferred
                  tax assets:Federal
                  net operating loss
              
              $
              5,489State
                  net operating loss
              
              
              1,736Total
                  deferred tax assets
              
              
              7,225Less
                  valuation allowance
              
              
              (7,225
              )$
              --
 
 The
        Company has provided a 100% valuation allowance on the deferred tax assets
        at
        June 30, 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 periods ended June 30, 2007 and December 31, 2006 is as
        follows:
   11
  
 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.
 
 12.   Subsequent
        Events:
 
 During
          the third quarter of 2007, the Company  effectuated a 5-for-1 forward
          stock split of the Corporation’s issued and outstanding
          shares.




12




**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 June 30, 2007 and 2006***





Gross
      Revenues




Gross
      revenues for the quarter June 30, 2007 were $1,216 a decrease of $5,203 from
      the
      2006 amount of $6,409 or a decrease of  81%
      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 second quarter of 2006, 100 % of the revenues derived
      from vending.  In the second quarter of 2007, 100% of the revenues
      derived from vending as well.





Cost
      of Revenue





Cost
      of
      revenue for the three months ended June 30, 2007 was $0 compared to $ 527 in
      the
      three months ended June 30, 2006.   The decrease in cost of
      revenue was due to the decrease in revenues.




Gross
      Profit decreased from $5,882 for the three month period ended June 30, 2006,
      2006 to $1,216 for the three month period ended June 30, 2007, 2007, a decrease
      $4,666 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.






13






General
      and Administrative expenses increased from $8,863 for the three month period
      ended June, 2006 to $14,432 for the three month period ended June 30, 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 June 30, 2007 was $13,126 compared to net loss for
      the three months ended June 30, 2006 of $2,981, a difference of $10,145. 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 June 30, 2007, 2007 of $4,283. 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. We do not 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 June
      30,
      2007 were $4,283 which consisted of entirely of cash.  Total current
      liabilities as of June 30, 2007 were $3,597 which consisted mostly of accrued
      expenses.





On
      July
      12, 2007 we filed an amendment to its certificate of incorporation in the state
      of Delaware to effectuate the 5-1 forward stock split undertaken by the
      Company in February 2007.  Additionally, the Board of Directors
      authorized an amendment to the Company’s bylaws to reflect that an action can be
      taken by the Company with majority written consent of the
      shareholders.




**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).




14




**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 June 30, 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 second 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 June 30, 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**




On
      July
      12, 2007 the Company filed a Form 8k to disclose that on July 12, 2007 (1)
      the
      Company had filed an amendment to its certificate of incorporation in the state
      of Delaware to effectuate the 5-1 forward stock split undertaken by the
      Company in February 2007 and (ii) the Board of Directors of the Company
      authorized an amendment to the Company’s bylaws to reflect that an action can be
      taken by the Company with majority written consent of the
      shareholders.




On
        July
        27, 2007 the Company filed a Form 8k to disclose that on July 26, 2007 the
        Company had filed an amendment to its certificate of incorporation in the
        state
        of Delaware to effectuate a 0.925-for-1 reverse stock split of the
        Company’s common stock pursuant to an amendment to the Company’s certificate of
        incorporation.  As a result of the reverse stock split, the number of
        outstanding shares of the Company’s common stock was reduced from 7,000,000
        shares to 6,475,000 shares.


**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:
      July 31, 2007