QUARTERLY REPORT FOR SMALL BUSINESS ISSUERS SUBJECT

TO THE 1934 ACT REPORTING REQUIREMENTS



SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549



FORM 10-QSB



|(Mark One)
|----------
|[ X]      



For the quarterly period ended September 30, 2005

OR



|[    ] | TRANSITION REPORT UNDER SECTION 13 OF 15(d) OF THE EXCHANGE ACT OF 1934
|------ | -----------------------------------------------------------------------



From the transition period from ___________ to ____________.



Commission File Number 333-118898



S.E. ASIA TRADING COMPANY, INC.

(Exact name of small business issuer as specified in its charter)

Nevada                                                                                                 20-0507518

(State or other jurisdiction of incorporation or organization)(IRS Employer Identification No.)



1545 E. Interstate 30, Rockwall, Texas 75087

(Address of principal executive offices)



(972) 722-3300

(Issuer's telephone number)



N/A

(Former name, former address and former fiscal year, if changed since last report)



Indicate by check mark whether the registrant (1) filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the past 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:No9



As of October 28, 2005 there were 6,297,400 shares of Common Stock of the issuer outstanding









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TABLE OF CONTENTS



PART I FINANCIAL STATEMENTS







Item 1     Financial Statements                                             2



Item 2     Management's Discussion and Analysis or Plan of Operation        7



PART II OTHER INFORMATION



Item 1     Legal Proceedings                                                7

Item 2     Changes in Securities                                            7

Item 3     Default upon Senior Securities                                   7

Item 4     Submission of Matters to a Vote of Security Holders              7

Item 5     Other Information                                                7

Item 6     Exhibits and Reports on Form 8-K                                 7





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S.E. ASIA TRADING COMPANY, INC.

BALANCE SHEET

September 30, 2005

(Unaudited)





|ASSETS                                                                                               |  |          
|---------------------------------------------------------------------------------------------------- |  | ---------
|                                                                                                     |  |          
|Current assets                                                                                       |  |          
|Cash                                                                                                 |  | $
3,225  
|Accounts Receivable                                                                                  |  | 1,522    
|Prepaid expenses                                                                                     |  | 1,825    
|Inventory                                                                                            |  | 69,928   
|                                                                                                     |  |          
|Total current assets                                                                                 |  | 76,500   
|                                                                                                     |  |          
|Property and equipment, net                                                                          |  | 15,739   
|                                                                                                     |  |          
|Deposits                                                                                             |  | 3,515    
|                                                                                                     |  | $
95,754 
|                                                                                                     |  |          
|LIABILITIES AND STOCKHOLDERS EQUITY                                                                 |  |          
|                                                                                                     |  |          
|Current liabilities                                                                                  |  |          
|Accounts payable and accrued expenses                                                                |  | $
12,937 
|Line of credit - related party                                                                       |  | 41,914   
|Total liabilities                                                                                    |  | 54,851   
|                                                                                                     |  |          
|COMMITMENTS                                                                                          |  | -        
|STOCKHOLDERS EQUITY:                                                                                |  |          
|Common stock, $.001 par value, 50,000,000 shares
authorized, 6,297,400 shares issued and outstanding |  | 6,298    
|Additional paid in capital                                                                           |  | 230,841  
|Accumulated deficit                                                                                  |  | (196,236)
|Total Stockholders Equity                                                                           |  | 40,903   
|                                                                                                     |  |          
|TOTAL LIABILITIES AND STOCKHOLDERS EQUITY                                                           |  | $
95,754 





See Accompanying Notes to the Financial Statements



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S.E. ASIA TRADING COMPANY, INC.

STATEMENTS OF OPERATIONS

Three and Nine Months Ended September 30, 2005 and 2004

(Unaudited)





|                                      | Three Months Ended
Sept 30, |  | Three Months Ended
Sept 30, |  | Nine Months Ended
Sept 30, |  | Period from Inception
Jan 28, 2004
To Sept 30,
|------------------------------------- | --------------------------- |  | --------------------------- |  | -------------------------- |  | ----------------------------------------------
|                                      | 2005                        |  | 2004                        |  | 2005                       |  | 2004                                          
|                                      |                             |  |                             |  |                            |  |                                               
|Revenue                               | $        23,074             |  | $          4,966            |  | $        109,314           |  | $        16,413                               
|                                      |                             |  |                             |  |                            |  |                                               
|Cost of sales                         | 9,631                       |  | 1,871                       |  | 43,984                     |  | 6,295                                         
|                                      |                             |  |                             |  |                            |  |                                               
|Gross profit                          | 13,443                      |  | 3,095                       |  | 65,330                     |  | 10,118                                        
|                                      |                             |  |                             |  |                            |  |                                               
|Operating expenses:                   |                             |  |                             |  |                            |  |                                               
|Depreciation                          | 966                         |  | 929                         |  | 2,899                      |  | 2,074                                         
|Other general and administrative      | 30,189                      |  | 23,800                      |  | 106,191                    |  | 104,870                                       
|Total operating expense               | 31,155                      |  | 24,729                      |  | 109,090                    |  | 106,944                                       
|Income (loss) from operations         | (17,712)                    |  | (21,634)                    |  | (43,760)                   |  | (96,826)                                      
|                                      |                             |  |                             |  |                            |  |                                               
|Other income (expense):               |                             |  |                             |  |                            |  |                                               
|Loss on sale of marketable securities |                             |  | 0                           |  |                            |  | (15,250)                                      
|Interest expense                      | (466)                       |  | (731)                       |  | (2,021)                    |  | (2,385)                                       
|                                      |                             |  |                             |  |                            |  |                                               
|Net income (loss)                     | $      (18,178)             |  | $      (22,365)             |  | $      (45,781)            |  | $      (114,461)                              
|                                      |                             |  |                             |  |                            |  |                                               
|                                      |                             |  |                             |  |                            |  |                                               
|Net loss per share:                   |                             |  |                             |  |                            |  |                                               
|Basic and diluted                     | $            (0.00)         |  | $            (0.00)         |  | $            (0.01)        |  | $            (0.02)                           
|                                      |                             |  |                             |  |                            |  |                                               
|Weighted average shares outstanding:  |                             |  |                             |  |                            |  |                                               
|Basic and diluted                     | 6,297,400                   |  | 6,020,000                   |  | 6,236,044                  |  | 5,960,523                                     



See Accompanying Notes to the Financial Statements



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S.E. ASIA TRADING COMPANY, INC.

STATEMENTS OF CASH FLOWS

Nine Months Ended September 30, 2005 and 2004

(Unaudited)



|                                                                        |  | 2005        |  | 2004       
|----------------------------------------------------------------------- |  | ----------- |  | -----------
|CASH FLOWS FROM OPERATING ACTIVITIES                                    |  |             |  |            
|Net loss                                                                |  | $  (45,781) |  | $ (114,461)
|Adjustments to reconcile net loss to cash used
by operating activities: |  |             |  |            
|Depreciation and amortization                                           |  | 2,899       |  | 2,074      
|Loss on sale of marketable securities                                   |  |             |  | 15,250     
|Stock issued for services                                               |  |             |  | 4,500      
|Change in assets and liabilities:                                       |  |             |  |            
|Prepaid expenses                                                        |  | ( 1,825)    |  |            
|Accounts Receivable                                                     |  | ( 1,522)    |  |            
|Inventory                                                               |  | (13,376)    |  | (65,637)   
|Other assets                                                            |  | 502         |  | (4,184)    
|Accrued expenses                                                        |  | (1,407)     |  | 3,711      
|CASH FLOWS USED IN OPERATING ACTIVITIES                                 |  | (60,510)    |  | (158,747)  
|                                                                        |  |             |  |            
|CASH FLOWS FROM INVESTING ACTIVITIES                                    |  |             |  |            
|Purchase of equipment                                                   |  | -           |  | (21,717)   
|Proceeds from marketable security sales                                 |  | -           |  | 66,750     
|CASH FLOWS USED IN INVESTING ACTIVITIES                                 |  | -           |  | 45,033     
|                                                                        |  |             |  |            
|CASH FLOWS FROM FINANCING ACTIVITIES                                    |  |             |  |            
|Sale of common stock for cash                                           |  | 130,139     |  | 20,500     
|Increase (decrease) in debt                                             |  | (68,017)    |  | 94,274     
|CASH FLOWS PROVIDED BY FINANCING ACTIVITIES                             |  | 62,122      |  | 114,774    
|                                                                        |  |             |  |            
|                                                                        |  |             |  |            
|NET INCREASE IN CASH                                                    |  | 1,612       |  | 1,060      
|                                                                        |  |             |  |            
|Cash, beg. of period                                                    |  | 1,613       |  | -          
|Cash, end of period                                                     |  | $
3,225     |  | $
1,060    
|                                                                        |  |             |  |            
|                                                                        |  |             |  |            
|                                                                        |  |             |  |            
|SUPPLEMENTAL CASH FLOW INFORMATION                                      |  |             |  |            
|Interest paid                                                           |  | $
-         |  | $
-        
|Income taxes paid                                                       |  | $
-         |  | $
-        
|                                                                        |  |             |  |            
|SUPPLEMENTAL CASH FLOW INFORMATION                                      |  |             |  |            
|Stock issued for marketable securities                                  |  | $
-         |  | $   82,000 



See Accompanying Notes to the Financial Statements



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S.E. ASIA TRADING COMPANY, INC.

NOTES TO FINANCIAL STATEMENTS





NOTE 1  NATURE OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES





The Company



S.E. Asia Trading Company, Inc. (SE Asia) was incorporated on January 28, 2004 under the laws of the State of Nevada.



Nature of our Business



SE Asia operates as a retailer of jewelry, framed art and home accessories.  The company is located in Rockwall, Texas.



Basis of Accounting



SE Asia maintains its accounts on the accrual method of accounting in accordance with accounting principles generally accepted in the United States of America.



The balance sheet of SE Asia as of September 30, 2005,  the related  statements of  operations  for the  three  and nine months  ended  September 30, 2005  and 2004 and the statements  of cash  flows for the three and nine  months  ended  September 30, 2005 and 2004 included in the financial statements have been prepared by SE Asia without audit.  In the opinion of  management,  the  accompanying  financial  statements include all adjustments (consisting of normal,  recurring adjustments) necessary to  summarize  fairly SE Asias  financial  position  and  results of operations.  The results of operations for the three and nine months ended September 30, 2005 and 2004 are not necessarily indicative of the results of operations for the full year or any other interim period.



Net loss per share



Basic net loss per share excludes dilution and is computed by dividing net loss by the weighted average number of common shares outstanding for the period presented. Diluted net loss per common share was the same as basic net loss per common share for the period presented since the Company has no potentially dilutive securities.





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Expense/ Revenue classification



The Company accounts for its shipping and handling costs in accordance with EITF 00-10, Accounting for Shipping and Handling Fees and Cost,  resulting in all payments for amounts paid to the company by customers for shipping and handling to be included under the heading: Revenue. Items classified as cost of goods sold include duty and import fees and inbound freight. These amounts are not significant. All other costs, including advertising and promotion, are categorized as general and administrative costs.



Use of Estimates



The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amount of revenues and expenses during the reporting period. Actual results could differ from those estimates.



Revenue Recognition



SE Asia recognizes revenue on point of sale or upon shipment. Our return policy on jewelry is to replace only defective merchandise and give in store credit only. On all other items, there is a policy of no returns, all sales are final therefore we have not recorded a reserve for returns.



Allowance for Doubtful Accounts



Earnings are charged with a provision for doubtful accounts based on a current review of collectibility of accounts receivable.  Accounts deemed uncollectible are applied against the allowance for doubtful accounts.  The majority of SE Asias sales are cash on point of sale.



Cash



SE Asia considers all highly liquid investments with a maturity of three months or less to be cash equivalents.



Inventory



Inventory consists of finished goods and is stated at the lower of cost or market, with cost being determined on a specific identification basis.





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Marketable Securities



SE Asia considers all marketable securities as classified as available for sale and reported at their current market value.



Property and Equipment



Property and equipment are stated at cost less accumulated depreciation.  Major renewals and improvements are capitalized; minor replacements, maintenance and repairs are charged to current operations.  Depreciation is computed by applying the straight-line method over the estimated useful lives which are generally five to seven years.



Income Taxes



Income taxes are computed using the asset and liability method.  Under the asset and liability method, deferred income tax assets and liabilities are determined based on the differences between the financial reporting and tax bases of assets and liabilities and are measured using the currently enacted tax rates and laws.  A valuation allowance is provided for the amount of deferred tax assets that, based on available evidence, are not expected to be realized.



Advertising



Advertising and promotion costs are expensed as incurred.  These expenses were $30,943 and $23,365 for the nine months ending September 30, 2005 and the period from January 28, 2004 (date of inception) to September 30, 2004 respectively.





NOTE 3  PROPERTY AND EQUIPMENT:



Components of property, plant, and equipment, at September 30, 2005 are as follows:



|Vehicles - trailer             | $ | 4,314   
|------------------------------ | - | --------
|Furniture and fixtures         |   | 4,040   
|Leasehold improvements         |   | 13,362  
|                               |   | 21,716  
|Less: accumulated depreciation |   | ( 5,977)
|                               | $ | 15,739  



Depreciation expense totaled $2,899 for the nine months ended September 30, 2005.

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NOTE 4  LINE OF CREDIT  RELATED PARTY



SE Asia entered into an agreement for a line of credit with a financing company owned by a shareholder with a maximum borrowing base, as defined, of up to $120,000.  Advances under this line bear interest at the rate of 5.00% which is due monthly. The line of credit matures on April 1, 2006.  The line of credit is secured by all assets owned by SE Asia and the stock owned by the majority shareholder.  The principal balance outstanding on the note at September 30, 2005 was $37,991 and the accrued interest was $3,923 for a total amount due of $41,914.





NOTE 5  COMMON STOCK



The Company is authorized to issue 50,000,000 common shares of stock at a par value of $0.001 per share. These shares have full voting rights. At October 28, 2005, there were 6,297,400 shares outstanding. The Company has not paid a dividend to its shareholders.



NOTE 6  COMMITMENTS



SE Asia is renting office space on a three year lease expiring in July 2007 from a company controlled by a shareholder.  The payments are $1,500 per month.  Total rent expense for the nine months ending September 30, 2005 is $13,500. The future minimum rental payments remaining are:



2005

$   4,500

2006

18,000

2007

10,500

Total

$ 33,000



NOTE 7 - OTHER TRANSACTIONS



SE Asia recorded $17,103 in advertising credit in partial exchange for some of its sales in the quarter ended June 30, 2005. This amount was recorded as a prepaid expense. During the quarters ended June 30, 2005 and September 30, 2005 the company used $7,778 and $7,500 respectively of the amount and anticipates utilizing the remaining balance over the next few months.  The revenue recognized from this transaction is consistent with the revenue recognized in cash sales.

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Item 2.  MANAGEMENTS DISCUSSION AND ANALYSIS



This report contains forward looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. The Companys actual results could differ materially from those set forth in the forward looking statements as a result of the risks set forth in the Companys filings with the Securities and Exchange Commission, general economic conditions, and changes in the assumptions used in making such forward looking statements.



General



We are an independent retailer of home accessories, framed art and jewelry. Our product offerings include:



|Product          | Manufacturing origin            
|---------------- | --------------------------------
|Jewelry          | Thailand                        
|Home accessories | Domestic and Imported from China
|Framed art       | Local Texas wholesaler          



We provide our customers with a wide selection of home accessories, jewelry and framed art. We operate out of a 3,500 square foot building in Rockwall, Texas, a growing suburb 30 miles east of Dallas, Texas on Interstate 30. We believe our customers shop here as a result of the stores convenient location and size, low price of key product categories, and quality. We have approximately $70,000 of inventory on hand.



Business Strategy



We serve a target customer in the middle to upper-middle income ranges. We are targeting these customers by focusing on what we believe are the key elements of retailing: convenient and appealing stores, merchandise value and selection, advertising, and customer service. We plan to continue to expand into new markets and strengthen our position in our current market areas utilizing existing and planned distribution infrastructure.



RESULTS FOR THE FISCAL QUARTER ENDED September 30, 2005



Our fiscal quarter ended on September 30, 2005.  Any reference to the end of the fiscal quarter refers to the end of the second fiscal quarter for the periods discussed herein.



REVENUE.  Revenue for the three months ended September 30, 2005, were $23,074 compared with revenues for the three months ended September 30, 2004 of $4,966. Revenue for the nine months ended September 30, 2005, were $109,314 compared with revenues for the nine months ended September 30, 2004 of $16,413. The increase is due to the company gearing up its plan of marketing and developing a presence in the market it serves.

GROSS PROFIT: Gross profit for the three months ended September 30, 2005 was $13,443 compared to $3,095 for the same three months in 2004, due to the

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increase in sales. Gross profit for the nine months ended September 30, 2005 was $65,330 compared to $10,118 for the period from January 28, 2004 to September 30, 2004. Gross profit decreased from 61% to 60% of sales.



EXPENSES. Total expenses for the three months ended September 30, 2005, were $31,621 compared with expenses for the three months ended September 30, 2004 of $25,460, the increase being due to an increase in our general activity, mainly advertising. Total expenses for the nine months ended September 30, 2005, were $111,111 compared with expenses for the period from January 28, 2004 (date of inception) to September 30, 2004 of $109,329 and a loss from the sale of stock of $15,250, the expenses remaining stable as an absolute amount, but representing a decrease as a percentage of sales.



NET INCOME (LOSS). Net loss for the three months ended September 30, 2005 was $18,178 compared to a net loss of $22,365 for the three months ended September 30, 2004. Net loss for the nine months ended September 30, 2005 was $45,781 compared to a net loss of $114,461 for the period from January 28, 2004 (date of inception) to   September 30, 2004, such decrease being due to the increase in revenue and gross profit. Our net loss per share for the period ended September 30, 2005 was $0.01 compared with net loss per share in 2004 of $0.02.



LIQUIDITY AND CAPITAL RESOURCES. In 2004 we filed a Registration statement under Form SB-1 with the U.S. Securities & Exchange Commission which became effective in December 2004, under which we raised $131,901 with offering expenses of $1,762 for a net of $130,139, in the first half of 2005.



Employees



As of September 30, 2005, the Company had one employee.



NEED FOR ADDITIONAL FINANCING



The Company believes that the funds it raised in its SB-1 offering are sufficient to meet the Company's cash needs, including its plan of operation and the costs of compliance with the continuing reporting requirements of the Securities Exchange Act of 1934, as amended.



No commitments to provide additional funds have been made by management or other stockholders, other than the offering referred to in the preceding paragraph.



The Company's balance sheet as of September 30, 2005 reflects assets of $95,754. Further, there exist no agreements or understandings with regard to loan agreements by or with the Officers, Directors, principals, affiliates or shareholders of the Company.





ITEM 3.  CONTROLS AND PROCEDURES



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Disclosure controls and procedures are controls and other procedures that are designed to ensure that information required to be disclosed in company reports filed or submitted under the Securities Exchange Act of 1934 (the Exchange Act) is recorded, processed, summarized and reported, within the time periods specified in the Securities and Exchange Commissions rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed in company reports filed under the Exchange Act is accumulated and communicated to management, including the Companys Chief Executive Officer and Chief Financial Officer (the Certifying Officers), as appropriate to allow timely decisions regarding required disclosure.



As required by Rules 13a-15(e) and 15d-15(e) under the Exchange Act, the Certifying Officers carried out an evaluation of the effectiveness of the design and operation of the Companys disclosure controls and procedures as of September 30, 2005. Their evaluation was carried out with the participation of other members of the Companys management. Based upon their evaluation, the Certifying Officers concluded that the Companys disclosure controls and procedures were effective.



The Companys internal control over financial reporting is a process designed by, or under the supervision of, the Certifying Officers and effected by the Companys Board of Directors, management and other personnel, to provide reasonable assurance regarding the reliability of the Companys financial reporting and the preparation of the Companys financial statements for external purposes in accordance with generally accepted accounting principles. Internal control over financial reporting includes policies and procedures that pertain to the maintenance of records that in reasonable detail accurately and fairly reflect the transactions and dispositions of the Companys assets; provide reasonable assurance that transactions are recorded as necessary to permit preparation of the Companys financial statements in accordance with generally accepted accounting principles, and that the Companys receipts and expenditures are being made only in accordance with the authorization of the Companys Board of Directors and management; and provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of the Companys assets that could have a material effect on its financial statements. There has been no change in the Companys internal control over financial reporting that occurred in the quarter ended September 30, 2005, that has materially affected, or is reasonably likely to affect, the Companys internal control over financial reporting.





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PART II



Items No. 1, 2, 3, 4, 5 - Not Applicable.





Item No. 6 - Exhibits and Reports on Form 8-K



(a) No reports on Form 8-K were filed during the three months ended September 30, 2005.



(b)   Exhibits



Exhibit Number

Name of Exhibit



31.1

Certification of Chief Executive Officer, pursuant to Rule 13a-14(a) of the Exchange Act, as enacted by Section 302 of the Sarbanes-Oxley Act of 2002.



31.2

Certification of Chief Financial Officer, pursuant to Rule 13a-14(a) of the Exchange Act, as enacted by Section 302 of the Sarbanes-Oxley Act of 2002.



32.1

Certification of Chief Executive Officer and Chief Financial Officer, pursuant to 18 United States Code Section 1350, as enacted by Section 906 of the Sarbanes-Oxley Act of 2002.







SIGNATURES



In accordance with 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.



S.E. ASIA TRADING COMPANY, INC.



By /s/ Thomas G. Miller

Thomas G. Miller, President, CFO



Date: October 28, 2005



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EXHIBIT 31.1



CHIEF EXECUTIVE OFFICER CERTIFICATION



I, Thomas G. Miller, certify that:



1. I have reviewed this quarterly report on Form 10-QSB of S.E. Asia Trading Company, Inc.



2. Based on my knowledge, this quarterly report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this quarterly report;



3. Based on my knowledge, the financial statements, and other financial information included in this quarterly report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this quarterly report;



4. The registrants other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-14 and 15d-14) for the registrant and we have:



a) designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this quarterly report is being prepared;



b) evaluated the effectiveness of the registrants disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and



c) disclosed in this report any change in the registrants internal control over financial reporting that occurred during the registrants most recent fiscal quarter (the registrants fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrants internal control over financial reporting; and



5. The registrants other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrants auditors and the audit committee of registrants board of directors (or persons performing the equivalent functions):



a) all significant deficiencies and material weaknesses in the design or

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operation of internal controls over financial reporting which are reasonably likely to adversely affect the registrants ability to record, process, summarize and report financial information; and



b) any fraud, whether or not material, that involves management or other employees who have a significant role in the registrants internal control over financial reporting.





Date: October 28, 2005











/s/ Thomas G. Miller

Thomas G. Miller





President and Chief Executive Officer













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EXHIBIT 31.2



CHIEF FINANCIAL OFFICER CERTIFICATION



I, Thomas G. Miller, certify that:



1. I have reviewed this quarterly report on Form 10-QSB of S.E. Asia Trading Company, Inc.



2. Based on my knowledge, this quarterly report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this quarterly report;



3. Based on my knowledge, the financial statements, and other financial information included in this quarterly report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this quarterly report;



4. The registrants other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-14 and 15d-14) for the registrant and we have:



a) designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this quarterly report is being prepared;



b) evaluated the effectiveness of the registrants disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and



c) disclosed in this report any change in the registrants internal control over financial reporting that occurred during the registrants most recent fiscal quarter (the registrants fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrants internal control over financial reporting; and



5. The registrants other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrants auditors and the audit committee of registrants board of directors (or persons performing the equivalent functions):



a) all significant deficiencies and material weaknesses in the design or

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operation of internal controls over financial reporting which are reasonably likely to adversely affect the registrants ability to record, process, summarize and report financial information; and



b) any fraud, whether or not material, that involves management or other employees who have a significant role in the registrants internal control over financial reporting.





Date: October 28, 2005











/s/ Thomas G. Miller

Thomas G. Miller





Chief Financial Officer

















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EXHIBIT 32.1



CERTIFICATION PURSUANT TO

18 U.S.C. SECTION 1350

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002



In connection with the quarterly report of S.E. Asia Trading Company, Inc. (the Company) on Form 10-QSB for the period ended September 30, 2005 as filed with the Securities and Exchange Commission (the Report), each of the undersigned, in the capacities and on the dates indicated below, hereby certifies pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:



1.

the Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and



2.

the information contained in the Report fairly presents, in all material respects, the financial condition and results of operation of the Company.





Dated:  October 28, 2005



/s/ Thomas G. Miller

Name: Thomas G. Miller

Title:  Chief Executive Officer







Dated:  October 28, 2005



/s/ Thomas G. Miller

Name: Thomas G. Miller

Title:  Chief Financial Officer