SECURITIES AND EXCHANGE COMMISSION
             WASHINGTON, D.C. 20549

                     FORM 10-QSB

[x]     Quarterly Report Pursuant to Section 13 or 15(d) Securities
Exchange Act of 1934 for Quarterly Period Ended June 30, 2005

-OR-

[ ]     Transition Report Pursuant to Section 13 or 15(d) of the
Securities And Exchange Act of 1934 for the transaction period from
_________ to________

Commission File Number      0-50773


            Creative Beauty Supply of New Jersey Corporation
                 (Exact name of Small Business Issuer
                            in its charter)

   New Jersey                       56-2415252
 (State or other jurisdiction      (I.R.S. Employer
of incorporation or organization)  Identification
                                      number)

   380 Totowa Road
     Totowa, NJ                          07512
(Address of principal executive offices) (Zip Code)

Registrant's Telephone number, including area code:
(973) 904-0004


Check whether the issuer (1) filed all reports required to be filed by
Section 13 or 15(d) of the Securities Exchange Act of 1934 during the
preceding 12 months (or for such shorter period that the registrant was
required to file such reports), and (2) has been subject to such filing
requirements for the past 90 days.

Yes  [ X ]      No [   ]

The number of outstanding shares of the registrant's common stock,
March 31, 2005:

  Common Stock  -  3,494,650









<PAGE>2
                                  PART I
Item I - FINANCIAL STATEMENTS

             CREATIVE BEAUTY SUPPLY OF NEW JERSEY CORPORATION
                             BALANCE SHEETS

                                               JUNE 30,   DECEMBER 31,
                                                 2005         2004
                                              ----------   ----------
                                              (UNAUDITED)    (AUDITED)
                   ASSETS
CURRENT ASSETS:
   Cash and cash equivalents                  $  170,539   $  213,341
   Marketable securities                           5,000       67,000
   Accounts receivable                             1,306        1,367
   Inventory                                      59,713       58,059
   Prepaid expenses                                  667          739
                                              ----------   ----------
   TOTAL CURRENT ASSETS                          237,225      340,506

PROPERTY AND EQUIPMENT, net of accumulated
   depreciation                                    4,548        5,198
                                              ----------   ----------
TOTAL ASSETS                                  $  241,773   $  345,704
                                              ==========   ==========

    LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES:
   Accounts payable - trade                   $   29,870   $   28,660
   Accrued salaries                               37,000       25,000
   Payroll taxes payable                           1,568        3,246
   Accrued expenses                               11,272        3,389
                                              ----------   ----------
   TOTAL CURRENT LIABILITIES                      79,710       60,295
                                              ----------   ----------

STOCKHOLDERS' EQUITY
   Preferred stock, par value $.001, authorized
     10,000,000 shares, issued and outstanding
     -0- shares                                        -            -
   Common stock, par value $.001, authorized
     100,000,000 shares, issued and outstanding
     3,494,650 shares                              3,495        3,495
   Additional paid-in-capital                  1,288,782    1,288,782
   Accumulated deficit                        (1,130,214)    (868,868)
   Accumulated other comprehensive loss                -     (138,000)
                                              ----------   ----------
   TOTAL STOCKHOLDERS' EQUITY                    162,063      285,409
                                              ----------   ----------
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY    $  241,773   $  345,704
                                              ==========   ==========

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

<PAGE>3

            CREATIVE BEAUTY SUPPLY OF NEW JERSEY CORPORATION
           STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME
       FOR THE SIX AND THREE MONTHS ENDED JUNE 30, 2005 AND 2004

                              (UNAUDITED)
<TABLE>
<CAPTION>
                                       Three Months Ended         Six Months Ended
                                            June 30,                  June 30,
                                       2005         2004         2005         2004
                                    ----------   ----------   ----------   ----------

                                 <c>          <c>          <c>          <c>
Net sales                           $   34,597   $   40,447   $   66,263   $   85,176

Cost of Sales                           27,158       31,367       52,016       66,011
                                    ----------   ----------   ----------   ----------
Gross Profit                             7,439        9,080       14,247       19,165
                                    ----------   ----------   ----------   ----------
Operating Expenses
   Salaries - officers                   8,170        8,090       16,050       15,950
   Employee benefits                     3,236        3,077        6,498        6,073
   Professional fees                    23,450       12,100       34,740       19,265
   Rent                                  4,050        3,950        8,100        7,850
   Other general and administrative      5,582        5,340       11,966       11,019
                                    ----------   ----------   ----------   ----------
   Total Operating Expenses             44,488       32,557       77,354       60,157
                                    ----------   ----------   ----------   ----------
Loss from operations                   (37,049)     (23,477)     (63,107)     (40,992)
                                    ----------   ----------   ----------   ----------
Other income (expense)
   Loss on marketable securities      (200,000)           -     (200,000)           -
   Interest income                         809        1,190        1,761        2,403
                                    ----------   ----------   ----------   ----------
   Total other income (expense)       (199,191)       1,190     (198,239)       2,403
                                    ----------   ----------   ----------   ----------
Net Loss                              (236,240)     (22,287)    (261,346)     (38,589)

Other Comprehensive Income, net of taxes:
  Reclassification adjustment, net of
    income taxes of $-0-, $-0-,
    $-0- and $-0-                      172,000            -      138,000            -
  Unrealized holding gain arising during
    the period, net of income taxes of
    $-0-, $71,892, $-0- and $191,712         -      108,108            -      288,288
                                    ----------   ----------   ----------   ----------
Total Comprehensive (Loss) Income   $  (64,240)  $   85,821   $ (123,346)  $  249,699
                                    ==========   ==========   ==========   ==========
Earning (loss) per share:
  Basic and diluted net loss per
   common share                   $      (0.07)  $    (0.01)  $    (0.07)  $    (0.01)
                                    ==========   ==========   ==========   ==========



<PAGE>4

 Basic and diluted weighted average
   common shares outstanding         3,494,650    3,494,650    3,494,650    3,494,650
                                    ==========   ==========   ==========   ==========
</TABLE>

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




<PAGE>5

            CREATIVE BEAUTY SUPPLY OF NEW JERSEY CORPORATION
                        STATEMENTS OF CASH FLOWS
            FOR THE SIX MONTHS ENDED JUNE 30, 2005 AND 2004

                              (UNAUDITED)

                                                 2005         2004
                                              ----------   ----------
Cash Flows from Operating Activities:
  Cash received from customers                $   66,324   $   85,609
  Cash paid to suppliers and employees          (110,887)    (114,179)
  Interest received                                1,761        2,403
  Income taxes paid                                    -            -
  Interest paid                                        -            -
                                              ----------   ----------
    Net cash used in operating activities        (42,802)     (26,167)
                                              ----------   ----------
Cash Flows from Investing Activities:
  Investment in marketable securities                  -       (5,000)
                                              ----------   ----------
Cash Flows from Financing Activities:                  -            -
                                              ----------   ----------
NET DECREASE IN CASH AND CASH EQUIVALENTS        (42,802)     (31,167)

CASH AND CASH EQUIVALENTS-beginning of period    213,341      277,682
                                              ----------   ----------
CASH AND CASH EQUIVALENTS-end of period       $  170,539   $  246,515
                                              ==========   ==========

RECONCILIATION OF NET INCOME TO NET CASH PROVIDED BY OPERATIONS:

Net loss                                      $ (261,346)  $  (38,589)

Adjustments to reconcile net income to net
cash provided by operating activities:
  Depreciation                                       650          650
  Loss on marketable securities                  200,000            -
  Decrease in accounts receivable                     61          433
  (Increase) decrease in inventory                (1,654)       6,148
  Decrease (increase) in prepaid expenses             72         (628)
  Increase in accounts payable and accrued
   expenses                                       19,415          819
                                              ----------   ----------
Net cash used in operating activities         $  (42,802)  $  (31,167)
                                              ==========   ==========





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




<PAGE>6

           CREATIVE BEAUTY SUPPLY OF NEW JERSEY CORPORATION
                     NOTES TO FINANCIAL STATEMENTS
                             JUNE 30, 2005


1. THE COMPANY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

The Company
-----------
Creative Beauty Supply of New Jersey Corporation(the "Company ") was
incorporated in the State of New Jersey on October 1, 2003.  It was
formed pursuant to a resolution of the board of directors of Creative
Beauty Supply, Inc., (CBS") as a wholly-owned subsidiary of that
company, a publicly traded New Jersey corporation.  On January 1, 2004,
the assets and liabilities of CBS were contributed at book value to the
Company, and this subsidiary was then spun-off by CBS to its
stockholders, subject to the Company's current registration statement
on Form 10-SB being declared effective.  This spin-off was consummated
in contemplation of a merger between CBS and Global Digital Solutions,
Inc. (Global), a Delaware corporation.  The merger occurred on March
19, 2004 whereby the former shareholders of CBS became the owners of
100 percent of the common stock of the Company.  In addition, on
January 1, 2004, the Company commenced operations in the beauty supply
industry at both the wholesale and retail levels.

The Company sells cosmetic and beauty supplies to the general public
and beauty salons in northern and central New Jersey.

Interim Financial Statement Presentation
----------------------------------------
The Company has a calendar reporting year of December 31, 2004 of which
the balance sheet data was derived from audited financial statements
but does not include all disclosures required by generally accepted
accounting principles.  In the opinion of management, the accompanying
unaudited financial statements contain all normal and recurring
adjustments necessary to present fairly the financial position of the
Company as of June 30, 2005, its results of operations for the six and
three months ended June 30, 2005 and 2004 and its cash flows for the
six months ended June 30, 2005 and 2004.

The statements of operations for the six months ended June 30, 2005 and
2004 are not necessarily indicative of the results for the full year.

While the Company believes that the disclosures presented are adequate
to make the information not misleading, these financial statements
should be read in conjunction with the financial statements and
accompanying notes included in the Company's Annual Report on Form 10-
KSB for the nine months ended December 31, 2004.

Investments in Available-For-Sale Securities
--------------------------------------------
The Company considers its investments in equity securities as
available-for-sale and has therefore reflected the investment at fair
value in the accompanying financial statements.  Realized gains and
losses are recorded in earnings (loss).  Changes in unrealized gains or

<PAGE>7

losses are excluded from earnings (loss) and reported as a component of
other comprehensive income (loss) in the stockholders' equity section
of the balance sheet.

Inventory
---------
Inventory consists of finished goods. The Company, for interim
reporting, calculates it inventory using the gross profit of the
immediate previous calendar year.

Earning (Loss) Per Share
------------------------
The Company computes earnings or loss per share in accordance with
Statement of Financial Accounting Standards No. 128 (SFAS 128),
"Earning Per Share".  Basic earnings per share are computed by diving
income available to common stockholders by the weighted average number
of common shares outstanding.  Diluted earnings per share reflect the
potential dilution that could occur if securities or other agreements
to issue common stock were exercised or converted into common stock.
Diluted earnings per share is computed based upon the weighted average
number of common shares and dilutive common equivalent shares
outstanding, which includes convertible debentures, stock options and
warrants.

Comprehensive Income (Loss)
---------------------------
The Company reports components of comprehensive income (loss) under the
requirements of SFAS 130, "Reporting Comprehensive Income".  SFAS 130
establishes rules for the reporting of comprehensive income or loss and
its components that require that certain items be presented as separate
components of stockholders' equity.  For the periods presented, the
Company's other comprehensive income (loss) consist solely of
unrealized gains (losses) from marketable securities available for
sale.


2. MARKETABLE SECURITIES

The cost and fair value of marketable equity securities that are
available-for-sale are as follows at June 30, 2005 and December 31,
2004:
                                               June 30,   December 31,
                                                 2005         2004
                                              ----------   ----------
                                              (Unaudited)   (Audited)
  Cost                                        $    5,000   $  205,000
  Gross unrealized loss                                -     (138,000)
                                              ----------   ----------
  Fair value                                  $    5,000   $   67,000
                                              ==========   ==========

The unrealized depreciation of marketable equity securities reported as
accumulated other comprehensive loss at June 30, 2005 and December 31,
2004 are as follows:

<PAGE>8
                                               June 30,   December 31,
                                                 2005         2004
                                              ----------   ----------
                                              (Unaudited)   (Audited)
  Net unrealized loss                         $        -   $ (138,000)
  Deferred income taxes                                -            -
                                              ----------   ----------
                                              $        -   $ (138,000)
                                              ==========   ==========

At June 30, 2005, management determined that the Company's investment
in RAM Venture Holding Corp. was worthless.  A loss of $200,000 was
recorded on the statement of operations as loss on marketable
securities.


3. SALES

Wholesale sales consist of sales to beauty salons of merchandise for
resale.  Sales of merchandise to beauty salons for their own
consumption and not for resale are considered retail sales. All sales
to the general public are also considered retail sales.

Net sales are summarized as follows:

                                                     Six Months
                                                   Ended June 30,
                                                 2005         2004
                                              ----------   ----------
  Retail                                      $   42,381   $   43,564
  Wholesale                                       23,882       41,612
                                              ==========   ==========
                                              $   66,263   $   85,176
                                              ==========   ==========

                                                   Three Months
                                                  Ended June 30,
                                                 2005         2004
                                              ----------   ----------
  Retail                                      $   21,443   $   22,140
  Wholesale                                       13,154       18,307
                                              ----------   ----------
                                              $   34,597   $   40,447
                                              ==========   ==========


4. SUPPLIER CONCENTRATION

For the six months ended June 30, 2005 and 2004, the Company purchased
approximately 59 percent and 45 percent, respectively of its products
from one supplier.  Management believes that other suppliers could
provide similar products on comparable terms.  A change in suppliers,
however, could cause a delay in merchandise and possible loss of sales
which could affect operating results.


<PAGE>9

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

Trends and Uncertainties.  Demand for Creative NJ's products will be
dependent on, among other things, market acceptance of Creative NJ's
concept and general economic conditions, which are cyclical in nature.
Inasmuch as all of Creative NJ's activities are the receipt of revenues
from the sales of its products, Creative NJ's business operations may
be adversely affected by Creative NJ's competitors.

Capital and Source of Liquidity.

Creative NJ had cash and cash equivalents of $170,539, a decrease of
$75,976 from the cash and cash equivalents balance of $246,515 at June
30, 2004.   Cash used in operating activities totaled $42,802.   The
primary reason for the decrease was the loss for the period, offset
slightly by the decrease in prepaid expenses and increase in accounts
payable and accrued expenses.

For the six months ended June 30, 2005 and 2004, Creative NJ did not
have net cash flows from financing activities.

Investments in Available-For-Sale Securities consist of an investment
in 200,000 common shares of Ram Venture Holdings Corp., a publicly
traded company listed on NASD Bulletin Board, at a cost of $200,000 and
subscriptions for 100,000 shares of common stock of Proguard
Acquisitions, Corp., a non-public company with a cost of $5,000.

At June 30, 2005, management determined that the Company's investment
in RAM Venture Holding Corp. was worthless.  A loss of $200,000 was
recorded on the statement of operations as loss on marketable
securities.

For the six months ended June 30, 2005 and 2004, Creative NJ did not
have net cash flow from investing activities.

Results of Operations.

Creative NJ sells approximately 1,000 different products at varying
mark ups ranging from 20 to 40 percent.

For the six months ended June 30, 2005, Creative NJ had net sales of
$66,263 and cost of sales of $52,016 resulting in gross profit of
$14,247.

For the six months ended June 30, 2005 Creative NJ had operating
expenses of $77,354.   A majority of these expenses consisted of those
necessary to conduct our business.   We paid $34,740 for professional
fees necessary to become a reporting company.

<PAGE>10

For the six months ended June 30, 2004, Creative NJ had net sales of
$85,176 and cost of sales of $66,011 resulting in gross profit of
$19,165.

For the six months ended June 30, 2004, Creative NJ had operating
expenses of $60,157.   A majority of these expenses consisted of those
necessary to conduct our business.   We paid $19,265 for professional
fees necessary to become a reporting company.

Plan of Operation.  During the next twelve months, Creative NJ may
obtain new product lines by negotiating with various manufacturers.
Creative NJ does not intend to hire any additional employees.

To date, no product lines have been identified and no timeframes
established or cash needs defined.

Creative NJ is not delinquent on any of its obligations even though
Creative NJ has had limited operating revenues.   Creative NJ intends
to market its products utilizing cash made available from the sale of
its products.   Creative NJ is of the opinion that revenues from the
sales of its products will be sufficient to pay its expenses.

Creative NJ does not have nor does it intend to have pension and/or
other post-retirement benefits in the future.

Creative NJ does not have any or intends to have any derivative
instruments or hedging activities.

Critical Accounting Policies

The preparation of financial statements and related disclosures in
conformity with accounting principles generally accepted in the United
States of America requires management to make judgments, assumptions
and estimates that affect the amounts reported in Creative NJ's
financial statements and the accompanying notes.   The amounts of
assets and liabilities reported in our balance sheets and the amounts
of revenues and expenses reported for each of our fiscal periods are
affected by estimates and assumptions which are used for, but not
limited to, the accounting for allowance for doubtful accounts, fair
market values of marketable securities, asset impairments, inventory
and income taxes.   Actual results could differ from these estimates.

The following critical accounting policies are significantly affected
by judgments, assumptions and estimates used in the preparation of the
financial statements.

Revenue is recognized when earned in accordance with applicable
accounting standards.  Net sales are recognized at the time products
are shipped to customers.   Over-the-counter sales are recorded at
point of sale.



<PAGE>11

Creative NJ has elected to classify all of its investments in equity
securities as available-for-sale and report them at fair value.
Realized gains and losses are recorded in earnings (loss) and changes
in the unrealized gain or loss is excluded from earnings (loss) and
reported as a component of other comprehensive income (loss).

Creative NJ's inventory consists of finished goods.   For interim
reporting purposes, Creative NJ calculates its inventory value using
the gross profit method of the immediate previous calendar year.

Forward-Looking Statements

This Form 10-QSB contains forward-looking statements within the meaning
of the federal securities laws.   These statements include those
concerning the following:  Our intentions, beliefs and expectations
regarding the fair value of all assets and liabilities recorded; our
strategies; growth opportunities; product development and introduction
relating to new and existing products; the enterprise market and
related opportunities; competition and competitive advantages and
disadvantages; industry standards and compatibility of our products;
relationships with our employees; our facilities, operating lease and
our ability to secure additional space; cash dividends; excess
inventory, our expenses; interest and other income; our beliefs and
expectations about our future success and results; our operating
results; our belief that our cash and cash equivalents will be
sufficient to satisfy our anticipated cash requirements; our
expectations regarding our revenues and customers; investments and
interest rates.   These statements are subject to risk and
uncertainties that could cause actual results and events to differ
materially.

Creative NJ undertakes no obligation to update forward-looking
statements to reflect events or circumstances occurring after the date
of this Form 10-QSB.

Item 3.  Controls and Procedures.

Evaluation of Disclosure Controls and Procedures

Carmine Catizone, the chief executive officer and Daniel Generelli, the
chief financial officer of Creative NJ have made an evaluation of the
disclosure controls and procedures relating to the financial statements
of Creative NJ for the six months ended June 30, 2005 and have judged
such controls and procedures to be effective as of June 30, 2005(the
evaluation date).

Changes in Internal Controls

There have been no significant changes (including corrective actions
with regard to significant deficiencies or material weaknesses) in our
internal controls or in other factors that could significantly affect
these controls subsequent to the Evaluation Date set forth above.



<PAGE>12

PART II - OTHER INFORMATION

Item 1. Legal Proceedings. not applicable.
Item 2. Changes in Securities and Use of Proceeds.
          not applicable.
Item 3. Defaults Upon Senior Securities.
          not applicable.
Item 4. Submission of Matters to a Vote of Security
          Holders.
          not applicable.
Item 5. Other Information. not applicable.
Item 6. Exhibits and Reports on Form 8-K.

(a)   Reports on Form 8-K.
(b)   Exhibits.
       Exhibit 31 - Certifications pursuant to
Section 302 of the Sarbanes-Oxley Act of 2002
       Exhibit 32 - Certifications pursuant to
Section 906 of the Sarbanes-Oxley Act of 2002

                  SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of
1934,the Registrant has duly caused this Report to be signed on its
behalf by the undersigned thereunto duly authorized.

Dated:  August 15, 2005

CREATIVE BEAUTY SUPPLY OF NEW JERSEY CORPORATION

By: /s/ Carmine Catizone
---------------------------
Carmine Catizone, President and Director