**UNITED
      STATES**


**SECURITIES
      AND EXCHANGE COMMISSION**


Washington,
      D.C. 20549





**FORM
      10−QSB**


(Mark
      One)


**x
      QUARTERLY REPORT UNDER
      SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934**





For
      the
      quarterly period ended: March 31, 2006





**o
      TRANSITION REPORT UNDER
      SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934**





For
      the
      transition period from ____________ to _____________







**Commission
      File No. 0-32433**





**BUSINESS
      DEVELOPMENT SOLUTIONS INC.**





(Exact
      Name of Small Business Issuer as Specified in Its Charter)





DELAWARE
            84-1300072(State
                or Other Jurisdiction of Incorporation or Organization)
            (I.R.S.
                Empl.
                Ident.No.)






c/o
      Shixin Enterprise Application Software (Shanghai) Co., Ltd.


28/F.,
      Citigroup Tower, 33 Huanyuanshiqiao Rd., Pudong, Shanghai, China,
      200120





(Address
      of Principal Executive Offices)





86-21-5878
      7297





(Registrant’s
      Telephone Number, Including Area Code)








Check
      whether the issuer (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 x No
o





Indicate
      by check mark whether the registrant is a shell company (as defined in Rule
      12b-2 of the Exchange Act).  Yes
x No
o




The
      numbers of shares outstanding of each of the issuer’s classes of common equity,
      as of March 31, 2006, are as follows:




Class
                  of Securities
              Shares
                  OutstandingCommon
                  Stock, $0.00001 par value
              1,910,150




Transitional
      Small Business Disclosure Format (check one):  Yes o No
x










**PART
      I**





**ITEM
      1.**  **FINANCIAL
      STATEMENTS**





BUSINESS
      DEVELOPMENT SOLUTIONS, INC.





BALANCE
      SHEET





March
      31,
      2006


****AssetsPrepaid
                Expenses
            
            $
            12,885****Total
                assets
            
            $
            12,885Liabilities
                and Stockholders’ DeficiencyCurrent
                liabilitiesAccounts
                payable
            
            $
            1,519Accrued
                liabilities
            
            
            2,500Due
                to stockholder - accrued interest and other
            
            
            113,251Note
                payable to stockholder
            
            
            101,500Total
                current liabilities
            
            
            218,770Stockholders'
                deficiencyPreferred
                stock - $.00001 par value;20,000,000
                shares - authorizedissued
                and outstanding - none
            
            
            -Common
                stock - $.00001 par value;500,000,000
                shares - authorized1,910,150
                shares issued and outstanding
            
            
            19Additional
                paid-in-capital
            
            
            727,532Accumulated
                deficit
            
            
            (933,436
            )Total
                stockholders' deficiency
            
            
            (205,885
            )Total
                liabilities and stockholders' deficiency
            
            $
            12,885








The
              accompanying notes are an integral part of the financial
              statements.
 2





BUSINESS
      DEVELOPMENT SOLUTIONS, INC.





STATEMENTS
      OF OPERATIONS





Three
                Months Ended
              March
                31,2006
            
            2005General
                and administrative expenses
            
            $
            20,590
            
            $
            8,728Operating
                loss
            
            
            (20,590
            )
            $
            (8,728
            )Other
                income (expense):Interest
                expense
            
            
            (2,030
            )
            
            (2,030
            )Net
                income (loss)
            
            
            ($22,620
            )
            $
            (10,758
            )Basic
                and diluted net income (loss) per common share -
            
            $
            .00
            
            $
            .00Weighted
                average shares outstanding
            
            
            1,910,150
            
            
            1,910,150










The
              accompanying notes are an integral part of the financial
              statements.
 3


BUSINESS
      DEVELOPMENT SOLUTIONS, INC.




STATEMENTS
      OF CASH FLOWS





Three
                Months Ended
              March
                31,2006
            
            2005Net
                income (loss)
            
            $
            (22,620
            )
            $
            (10,758
            )Adjustments
                to reconcile net income(loss) to net cash provided by operating
                activities:Changes
                in operating assets and liabilities:Accounts
                payable and accrued liabilities
            
            
            3,585
            
            
            (1,082
            )Prepaid
                Expenses
            
            
            7,916
            
            
            -Net
                cash provided (used in) operating activities
            
            
            (11,119
            )
            
            (11,840
            )Cash
                flows from financing activities:Due
                to stockholders - net
            
            
            11,119
            
            
            11,840Net
                increase in cash
            
            
            0
            
            
            0Cash
                - beginning of period
            
            
            0
            
            
            0Cash
                - end of period
            
            $
            0
            
            $
            0




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




**BUSINESS
      DEVELOPMENT SOLUTIONS INC.**




**NOTES
      TO THE CONDENSED FINANCIAL STATEMENTS**






1. ORGANIZATION
      AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES




The
      accompanying unaudited condensed financial statements have been prepared in
      accordance with accounting principles generally accepted in the United States
      of
      America for interim financial information and with the instructions to Form
      10-QSB and Item 310 of Regulation S-B. Accordingly, they do not include all
      of
      the information and footnotes required by accounting principles generally
      accepted in the United States of America for annual financial statements. In
      the
      opinion of management, all adjustments, consisting of normal recurring accruals
      considered necessary for a fair presentation, have been included. Operating
      results for the three months ended March 31, 2006 are not necessarily indicative
      of the results that may be expected for the year ending December 31, 2006.
      For
      further information, refer to the financial statements and footnotes thereto
      included in the Form 10-KSB for the year ended December 31, 2005.








DESCRIPTION
      OF BUSINESS




The
        financial statements presented are those of Business Development Solutions,
        Inc.
        (the "Company" or "BDS”). The Company was incorporated on January 28, 1987 under
        the laws of the State of Colorado.




On
      January 10, 2006, our board of directors approved, subject to receiving the
      approval of a majority of the shareholders of our common stock, an amendment
      to
      our Certificate of Incorporation to change the name of our company from "AMCO
      Transport Holdings, Inc." to "Business Development Solutions, Inc."




CAPITAL
      RESOURCES AND BUSINESS RISKS





The
      Company's future operations are subject to all of the risks inherent in the
      establishment of a new business enterprise. At March 31, 2006 current
      liabilities exceeded current assets by $205,885.





The
      financial statements have been prepared on the basis that the Company will
      continue as a going concern, which contemplates the realization and satisfaction
      of liabilities and commitments in the normal course of business. At December
      31,
      2005, the Company had an accumulated deficit of $933,436. Operations to date
      have been primarily financed by stockholder debt and equity transactions. As
      a
      result, the Company's future operations are dependent upon the identification
      and successful completion of permanent equity financing, the continued support
      of shareholders and ultimately, the achievement of profitable operations. These
      financial statements do not include any adjustments relating to the
      recoverability and classification of recorded asset amounts nor to amounts
      and
      classification of liabilities that may be necessary should it be unable to
      continue as a going concern.





5











RESULTS
      OF OPERATIONS





During
      the periods ended March 31, 2006 and 2005, the Company has engaged in no
      business operations other than the acquisition of capital for general and
      administrative expenses. During these periods, the Company received no operating
      revenues. General and administrative expenses consist primarily of professional
      fees.





The
      Company is seeking to carry out its plan of business to complete a merger or
      business acquisition transaction. The Company's existing capital will not be
      sufficient to meet the Company's cash needs, including complying with its
      continuing reporting obligation under the Securities Exchange Act of 1934.
      Accordingly, additional capital will be required by either the major stockholder
      or other equity financing.





USE
      OF
      ESTIMATES IN THE PREPARATION OF FINANCIAL STATEMENTS





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 amounts of revenues and expenses during the period. Actual results
      could differ from those estimates.





EARNINGS
      (LOSS) PER COMMON SHARE





Earnings
      (Loss) per common share is computed by dividing the net loss by weighted average
      shares outstanding during the year. The weighted average shares outstanding
      have
      been restated to reflect the reverse stock split.




2.
      STOCK
      TRANSACTIONS





PREFERRED
      STOCK





No
      shares
      of preferred stock have been issued or are outstanding. Dividends, voting rights
      and other terms, rights and preferences of the preferred shares have not been
      designated but may be designated by the Board of Directors from time to time.
      Dividends may be paid on outstanding shares as declared by the Board of
      Directors. Each share of common stock is entitled to one vote. The Company
      does
      not intend to declare any dividends for the foreseeable future.





6








REVERSE
      SPLIT - COMMON STOCK





Our
      Directors, on January 10, 2006 approved an amendment to our Certificate of
      Incorporation to effect a one-for-five reverse split of the outstanding shares
      of our common stock. Our common stock has not actively traded for several years.
      As a result, no established market for the common stock has existed for several
      years. During that period, we have, from time to time, engaged in discussions
      with potential acquisition or reverse merger candidates. In many instances,
      concerns were raised over the number of common shares issued and outstanding
      and
      the potential impact on the future price of our common stock should we
      successfully effectuate an acquisition or a reverse merger. The Board of
      Directors determined that a one-for-five reverse split would eliminate any
      objections which might be raised in future discussion and still avoid the loss
      of a significant number of our shareholders.





Based
      upon the 9,550,750 shares of common stock outstanding on the record date, the
      Reverse Split would decrease the outstanding shares of Common Stock by 80%,
      or
      to approximately 1,910,150 shares of common stock issued and outstanding. The
      weighted average shares outstanding at March 31, 2005 has been restated to
      reflect this reverse split.








3.
      INCOME
      TAXES





The
      Company did not provide any current or deferred federal or state income tax
      provision or benefit for any of the periods presented because to date, it has
      experienced operating losses. The Company has a federal net operating loss
      carry
      forward of approximately $933,436 expiring in future years. The tax benefit
      of
      this net operating loss, based on an effective tax rate of 40%, is approximately
      $360,000 and has been offset by a full allowance for business combinations
      under
      Internal Revenue Code IRC Section 381. For the period ended March 31, 2006,
      based on an effective tax rate of 40%, the valuation allowance increased by
      approximately $8,000.





4.
      NOTE
      PAYABLE STOCKHOLDER




On
      November 19, 2004, Shu K. Chui, ("Chui") a citizen of Hong Kong, acquired all
      the 6,900,000 shares (the "Shares") held by Bestway Coach Express, Inc.
      (“Bestway”). The 6,900,000 shares represent approximately 72.2% of Registrant's
      issued and outstanding common stock, being the only class of stock issued and
      outstanding. Chui acquired the shares pursuant to a Stock Purchase Agreement
      among the Registrant, Bestway and Chui dated November 19, 2004 ("Purchase
      Agreement").





In
      connection with the acquisition of the Shares, Chui took assignment of all
      of
      Bestway's right, title and interest under a promissory note in the principal
      amount of $101,500.00 dated April 23, 2002 made by Registrant in favor of
      Bestway. The principal amount under the note bears simple interest at the rate
      of 8% per year. As of November 19, 2004 being the effective date of the
      acquisition transaction, no principal or interest payments had been made under
      the note on which interest has accrued in the sum of $32,018 and is included
      on
      the balance sheet under the caption due to stockholder - accrued interest and
      other.





During
      the year, Chui paid legal and other expenses on behalf of the Company. The
      total
      expenses paid on behalf of the Company, from November 19, 2004 to date total
      $81,233 and are payable to Chui as a non-interest bearing demand loan. This
      loan
      is also shown in the caption due to stockholder - accrued interest and other.
      The outstanding principal under the note continues to bear simple interest
      at
      the rate of 8% per year.





7








Chui
      paid
      Bestway total consideration of $325,000.00 under the Purchase Agreement.
      $122,434.03 of the purchase price was applied for the acquisition of the
      promissory note and the remaining $202,565.97 was applied as payment for the
      Shares, yielding a price per share of $0.029. The balance of the note payable,
      including accrued interest, to Chui at March 31, 2006 was $133,518.





Accordingly,
      Chui, the directors, executive officers, their affiliates and related parties,
      if they voted their shares uniformly, would have the ability to control the
      approval of most corporate actions.








8





**ITEM
      2.**  **MANAGEMENT’S
      DISCUSSION AND ANALYSIS OR PLAN OF OPERATION.**





*The
      following discussion should be read in conjunction with our unaudited financial
      statements and the notes thereto.*





***Forward-Looking
      Statements***





This
      quarterly report contains forward-looking statements and information relating
      to
      us that are based on the beliefs of our management as well as assumptions made
      by, and information currently available to, our management. When used in this
      report, the words "believe," "anticipate," "expect," "estimate," “intend”,
“plan” and similar expressions, as they relate to us or our management, are
      intended to identify forward-looking statements. These statements reflect
      management's current view of us concerning future events and are subject to
      certain risks, uncertainties and assumptions, including among many others:
      a
      general economic downturn; a downturn in the securities markets; federal or
      state laws or regulations having an adverse effect on proposed transactions
      that
      we desire to effect; Securities and Exchange Commission regulations which affect
      trading in the securities of "penny stocks,"; and other risks and uncertainties.
      Should any of these risks or uncertainties materialize, or should underlying
      assumptions prove incorrect, actual results may vary materially from those
      described in this report as anticipated, estimated or expected. The accompanying
      information contained in this registration statement, including, without
      limitation, the information set forth under the heading “Management’s Discussion
      and Analysis or Plan of Operation -- Risk Factors" identifies important
      additional factors that could materially adversely affect actual results and
      performance. You are urged to carefully consider these factors. All
      forward-looking statements attributable to us are expressly qualified in their
      entirety by the foregoing cautionary statement.





***Plan
      of Operation***





We
      are
      currently a shell company whose plan of operation over the next twelve months
      is
      to seek and, if possible, acquire an operating business or valuable assets
      by
      entering into a business combination. We will not be restricted in our search
      for business combination candidates to any particular geographical area,
      industry or industry segment, and may enter into a combination with a private
      business engaged in any line of business, including service, finance, mining,
      manufacturing, real estate, oil and gas, distribution, transportation, medical,
      communications, high technology, biotechnology or any other. Management's
      discretion is, as a practical matter, unlimited in the selection of a
      combination candidate. Our management will seek combination candidates in the
      United States and other countries, as available time and resources permit,
      through existing associations and by word of mouth. This plan of operation
      has
      been adopted in order to attempt to create value for our
      shareholders.





We
      do not
      intend to do any product research or development. We do not expect to buy or
      sell any real estate, plant or equipment, except as such a purchase might occur
      by way of a business combination that is structured as an asset purchase, and
      no
      such asset purchase currently is anticipated. Similarly, we do not expect to
      hire employees except as a result of completing a business combination, and
      any
      such employees likely will be persons already then employed by the company
      acquired.





9








***Results
      of Operations For Fiscal Quarter Ended March 31, 2006 Compared To March 31,
      2005***





During
      the first fiscal quarter of 2006, we incurred a net loss of $22,620 as compared
      to a net loss of $10,758 in the first fiscal quarter of 2005. Our expenses
      increased by $11,862 in first quarter 2006 as compared to the same quarter
      in
      2005, due to an increase in expenses related primarily to legal and accounting
      fees incurred in connection with the preparation of our SEC reports for the
      prior year, the preparation of this quarterly report, general legal and
      accounting and other general and administrative expenses. We paid no rent or
      salaries and had no operations during the quarter.





*Liquidity
      and Capital Resources*





We
      had
      $-0- cash on hand at the end of the first quarter of 2006 and had $12,885 in
      prepaid expenses to help meet ongoing expenses or debts that may accumulate.
      Since inception, we have accumulated a deficit of $933,436. We have debts
      (current liabilities) totaling $218,770, of which $214,751 is owed to Mr. Shu
      Keung Chui, our controlling stockholder. The remaining accrued liabilities
      of
      $4,019 was due to other vendors.





We
      have
      no commitment for any capital expenditure and foresee none. However, we will
      incur routine fees and expenses incident to our reporting duties as a public
      company, and we will incur expenses in finding and investigating possible
      acquisitions and other fees and expenses in the event we make an acquisition
      or
      attempt to do so, but are unable to complete the acquisition. Our cash
      requirements for the next twelve months are relatively modest, principally
      professional fees and other expenses relating to making filings required under
      the Securities Exchange Act of 1934 (the "Exchange Act"), which should not
      exceed $50,000 in the fiscal year ending December 31, 2006. Any travel, lodging
      or other expenses which may arise related to finding, investigating and
      attempting to complete a combination with one or more potential acquisitions
      could also amount to thousands of dollars.





Our
      current management has informally agreed to continue rendering services to
      us
      and to not demand payment of sums owed for services unless and until we complete
      an acquisition. The terms of any such payment will have to be negotiated with
      the principals of any business acquired. The existence and amounts of our debt
      may make it more difficult to complete, or prevent completion of, a desirable
      acquisition. In addition, offices are provided to us without charge by CBC
      International, a business consultancy engaged by Mr. Shu Keung Chui, our
      President, Chief Financial Officer and our controlling stockholder, engaged
      in
      his personal capacity.





10








We
      will
      only be able to pay our future debts and meet operating expenses by raising
      additional funds, acquiring a profitable company or otherwise generating
      positive cash flow. As a practical matter, we are unlikely to generate positive
      cash flow by any means other than acquiring a company that has positive cash
      flow. We believe that management members or shareholders will loan funds to
      us
      as needed for operations prior to completion of an acquisition. Management
      and
      the shareholders are not obligated to provide funds to us, however, and it
      is
      not certain they will always want or be financially able to do so. Our
      shareholders and management members who advance money to us to cover operating
      expenses will expect to be reimbursed, either by us or by the company acquired,
      prior to or at the time of completing a combination. We have no intention of
      borrowing money to reimburse or pay salaries to any of our officers, directors
      or shareholders or their affiliates. We intend to sell additional securities
      to
      raise capital that could be used to pay our expenses prior to a business
      combination or to fund our operations after a business combination is effected.
      No assurance can be given that we will be able to raise any funds. Our current
      management has agreed to continue their services to us and does not expect
      to be
      compensated for these services, but expects payment reimbursement for expenses
      only. Should existing management or shareholders refuse to advance needed funds,
      however, we would be forced to turn to outside parties to either loan money
      to
      us or buy our securities. There is no assurance whatever that we will be able
      to
      raise necessary funds from outside sources. Such a lack of funds could result
      in
      severe consequences to us, including among others:





1)  Failure
      to make timely filings with the SEC as required by the Exchange Act, which
      also
      probably would result in suspension of trading or quotation in our stock and
      could result in fines and penalties to us under the Exchange Act;





2)  Curtailing
      or eliminating our ability to locate and perform suitable investigations of
      potential acquisitions; or





3)  Inability
      to complete a desirable acquisition due to lack of funds to pay legal and
      accounting fees and acquisition-related expenses.





We
      hope
      to require potential candidate companies to deposit funds with us that we can
      use to defray professional fees and travel, lodging and other due diligence
      expenses incurred by our management related to finding and investigating a
      candidate company and negotiating and consummating a business combination.
      There
      is no assurance that any potential candidate will agree to make such a
      deposit.





***Off-Balance
      Sheet Arrangements***





We
      do not
      have any off-balance sheet arrangements that have or are reasonably likely
      to
      have a current or future effect on our financial condition, changes in financial
      condition, revenues or expenses, results of operations, liquidity, capital
      expenditures or capital resources that are material to investors.








11





***Risk
      Factors That May Affect Future Operating Results***





*You
      should carefully consider the risks described below before making an investment
      decision. The risks and uncertainties described below are not the only ones
      facing our Company. Additional risks and uncertainties not presently known
      to us
      or that we currently deem immaterial may also impair our business operations.
      If
      any of the following risks actually occur, our business, financial condition,
      or
      results of operations could be materially adversely affected. In such case,
      the
      trading price of our common stock could decline and you could lose all or part
      of your investment. You should also refer to the other information about us
      contained in this Form 10-QSB, including our financial statements and related
      notes.*





We
      have had no operating history nor any revenues or earnings from
      operations .





We
      have
      had no operating history nor any revenues or earnings from
      operations .
      We have
      no significant assets or financial resources. We have operated at a loss to
      date
      and will, in all likelihood, continue to sustain operating expenses without
      corresponding revenues, at least until the consummation of a business
      combination.





Our
      management team does not devote its full time to our business and
      operations .





Our
      management team only devotes minimal time to our business. Our officers and
      directors, who serve only on a part-time basis, have had limited experience
      in
      the business activities contemplated by us, yet we will be solely dependent
      on
      them. We lack the funds or other incentive to hire full-time experienced
      management. Each of our management members has other employment or business
      interests to which he devotes his primary attention and will continue to do
      so,
      devoting time to us only on an as-needed basis. No member of our management
      team
      has any written employment agreement with us nor are they expected to enter
      into
      one. We have not obtained key man life insurance on the lives of any member
      of
      our management team. The loss of the services of any member of our management
      team would adversely affect development of our business and our likelihood
      of
      continuing operations on any level.





We
      may
      have conflicts of interest with our management team .





Conflicts
      of interest and non-arms length transactions may arise in the future. The terms
      of a business combination may include terms like the retention of our current
      officers and directors as officers and directors of the successor company in
      the
      business combination. The terms of a business combination may provide for a
      payment by cash or otherwise to members of our management team for the purchase
      or retirement of all or part of our common stock that is held by them or for
      services rendered incident to or following a business combination. Our
      management team would directly benefit from this type of employment or payment.
      These benefits may influence our management team's choice of a target company.
      Our certificate of incorporation provides that we may indemnify our officers
      and/or directors for liabilities, which can include liabilities arising under
      the securities laws. Therefore, our assets could be used or attached to satisfy
      any liabilities subject to this indemnification.





12








Our
      proposed operations are purely speculative .





The
      success of our proposed plan of operation will depend to a great extent on
      the
      operations, financial condition and management of the identified target company.
      While business combinations with entities having established operating histories
      are preferred, there can be no assurance that we will be successful in locating
      candidates meeting these criteria. If we complete a business combination, the
      success of our operations will be dependent upon management of the target
      company and numerous other factors beyond our control. There is no assurance
      that we can identify a target company and consummate a business
      combination.





We
      are
      subject to the penny stock rules .





Our
      securities may be classified as penny stock. The Commission has adopted Rule
      15g-9 which establishes the definition of a "penny stock," for purposes relevant
      to us, as any equity security that has a market price of less than $5.00 per
      share or with an exercise price of less than $5.00 per share whose securities
      are admitted to quotation but do not trade on the Nasdaq SmallCap Market or
      on a
      national securities exchange. For any transaction involving a penny stock,
      unless exempt, the rules require delivery of a document to investors stating
      the
      risks, special suitability inquiry, regular reporting and other requirements.
      Prices for penny stocks are often not available and investors are often unable
      to sell this stock. Thus, an investor may lose his investment in a penny stock
      and consequently should be cautious of any purchase of penny stocks.





We
      may
      have significant difficulty in locating a viable business combination
      candidate .





We
      are
      and will continue to be an insignificant participant in the business of seeking
      mergers with and acquisitions of business entities. A large number of
      established and well-financed entities, including venture capital firms, are
      active in mergers and acquisitions of companies which may be merger or
      acquisition target candidates for us. Nearly all of these competitors have
      significantly greater financial resources, technical expertise and managerial
      capabilities than we do and, consequently, we will be at a competitive
      disadvantage in identifying possible business opportunities and successfully
      completing a business combination. Moreover, we will also compete with numerous
      other small public companies in seeking merger or acquisition
      candidates.





It
      is
      possible that the per share value of your stock will decrease upon the
      consummation of a business combination .





A
      business combination normally will involve the issuance of a significant number
      of additional shares. Depending upon the value of the assets acquired in a
      business combination, the per share value of our common stock may decrease,
      perhaps significantly.





13








Any
      business combination that we engage in may have tax effects on
      us .





Federal
      and state tax consequences will, in all likelihood, be major considerations
      in
      any business combination that we may undertake. Currently, a business
      combination may be structured so as to result in tax-free treatment to both
      companies pursuant to various federal and state tax provisions. We intend to
      structure any business combination so as to minimize the federal and state
      tax
      consequences to both us and the target company; however, there can be no
      assurance that a business combination will meet the statutory requirements
      of a
      tax-free reorganization or that the parties will obtain the intended tax-free
      treatment upon a transfer of stock or assets. A non-qualifying reorganization
      could result in the imposition of both federal and state taxes which may have
      an
      adverse effect on both parties to the transaction.





**ITEM
      3.**  **CONTROLS
      AND PROCEDURES**





Within
      90
      days of the filing of this Form 10-QSB, an evaluation was carried out under
      the
      supervision and with the participation of our management, including Cheng Chen,
      our Chief Executive Officer and Mr. Shu Keung Chui, our President and Chief
      Financial Officer, of the effectiveness of our disclosure controls and
      procedures. Disclosure controls and procedures are procedures that are designed
      with the objective of ensuring that information required to be disclosed in
      our
      reports filed under the Securities Exchange Act of 1934, such as this Form
      10-QSB, is recorded, processed, summarized and reported within the time period
      specified in the Securities and Exchange Commission's rules and forms. Based
      on
      that evaluation, Messrs. Chui and Chen concluded that as ofMarch 31, 2006,
      and
      as of the date that the evaluation of the effectiveness of our disclosure
      controls and procedures was completed, our disclosure controls and procedures
      were effective to satisfy the objectives for which they are
      intended.





There
      were no changes in our internal control over financial reporting identified
      in
      connection with the evaluation performed that occurred during the fiscal quarter
      covered by this report that has materially affected or is reasonably likely
      to
      materially affect, our internal control over financial reporting.








14





**PART
      II - OTHER INFORMATION**





**ITEM
      1.**  **LEGAL
      PROCEEDINGS**





There
      are
      no legal proceedings which are pending or have been threatened against us or
      any
      officer, director or control person of which management is aware.





**ITEM
      2.**  **UNREGISTERED
      SALES OF EQUITY SECURITIES**





Except
      as
      may have previously been disclosed on a current report on Form 8-K or a
      quarterly report on Form 10-QSB, we have not sold any of our securities in
      a
      private placement transaction or otherwise during the past three
      years.





**ITEM
      3.**  **DEFAULTS
      UPON SENIOR SECURITIES**





Not
      applicable.





**ITEM
      4.**  **SUBMISSION
      OF MATTERS TO A VOTE OF SECURITY HOLDERS**





During
      the first fiscal quarter of 2006, no matters were submitted to a vote of
      security holders, through the solicitation of proxies or otherwise.





**ITEM
      5.**  **OTHER
      INFORMATION**





Not
      applicable.








15





**ITEM
      6.**  **EXHIBITS**





31
            Certification
                of Chief Executive Officer and Chief Financial Officer filed pursuant
                to
                Section 302 of the Sarbanes-Oxley Act of 2002.32
            Certification
                of Chief Executive Officer and Chief Financial Officer furnished
                pursuant
                to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of
                the
                Sarbanes-Oxley Act of 2002.











16





**SIGNATURES**





In
      accordance with the Securities Exchange Act of 1934, this report has been signed
      below by the following persons on behalf of the Registrant and in the capacities
      and on the dates indicated.





**BUSINESS
      DEVELOPMENT SOLUTIONS INC.**





Date:
      May
      12, 2006     By: /s/
      Shu Keung Chui___________________


Shu Keung Chui


Chief Executive Officer and Chief Financial Officer





17





**EXHIBIT
      INDEX**





Exhibit
                No.
            Description31
            Certification
                of Chief Executive Officer and Chief Financial Officer filed pursuant
                to
                Section 302 of the Sarbanes-Oxley Act of 2002.32
            Certification
                of Chief Executive Officer and Chief Financial Officer furnished
                pursuant
                to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of
                the
                Sarbanes-Oxley Act of 2002.