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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549

                                   FORM 10-QSB

[X]   Quarterly Report pursuant to Section 13 or 15(d) of the Securities
      Exchange Act of 1934

      For the quarterly period ended         June 30, 2007
                                             -------------

[ ]   Transition Report pursuant to 13 or 15(d) of the Securities Exchange
      Act of 1934

      For the transition period                       to
                                   ------------------   --------------------

      Commission File Number      001-31669
                          -----------------

                                    TARI INC.
    ------------------------------------------------------------------------
        (Exact name of small Business Issuer as specified in its charter)

    Nevada                                              98-03048905
---------------------------------             -----------------------------
(State or other jurisdiction of                       (IRS Employer
Identification No.)                          incorporation or organization)



                         200 Burrard Street, Suite 1550
                   Vancouver, British Columbia, Canada V6C 3L6
                   -------------------------------------------
                    (Address of principal executive offices)

                                 (604) 685-3317
               --------------------------------------------------
               Registrant's telephone number, including area code

                                      None
     -----------------------------------------------------------------------
(Former name, former address and former fiscal year, if changed since last
report)

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 issuer was  required to file such
reports),  and (2) has been subject to such filing  requirements for the past 90
days [X] Yes [ ] No

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

State the number of shares outstanding of each of the issuer's classes of common
stock, as of the latest  practicable date:  3,890,000 shares of $0.001 par value
common stock outstanding as of August 15, 2007.

<page>


                                    TARI INC.

                        (A Pre-exploration Stage Company)

                          INTERIM FINANCIAL STATEMENTS

                                  June 30, 2007

                             (Stated in US Dollars)

                                   (Unaudited)








<page>



                                    TARI INC.
                        (A Pre-exploration Stage Company)
                             INTERIM BALANCE SHEETS
                        June 30, 2007 and March 31, 2007
                             (Stated in US Dollars)
                                   (Unaudited)
                                   -----------

<table>
<caption>
                                                                                      June 30          March 31,
                                                     ASSETS                             2007              2007
                                                     ------                             ----              ----

                                                                                <c>                  <c>
Current
    Cash                                                                          $          157    $        2,766
    Prepaid expenses                                                                         500                 -
                                                                                  --------------    --------------

                                                                                             657             2,766
                                                                                  ==============    ==============

                                                 LIABILITIES
                                                 -----------
Current
    Accounts payable and accrued liabilities - Note 4                             $       28,096    $       30,731
    Advances payable - Note 3                                                              5,300             5,300
    Due to related party - Note 4                                                         61,813            57,313
                                                                                  --------------    --------------

                                                                                          95,209            93,344
                                                                                  --------------    --------------

                                          STOCKHOLDERS' DEFICIENCY
                                          ------------------------

Preferred stock, $0.001 par value
    10,000,000 shares authorized, none outstanding
Common stock, $0.001 par value
    100,000,000 shares authorized
    3,890,000 (2007: 3,890,000) shares issued                                              3,890             3,890
Additional paid-in capital                                                                97,150            95,384
Deficit accumulated during the pre-exploration stage                                    (195,592)         (189,852)
                                                                                  --------------    --------------

                                                                                         (94,552)          (90,578)
                                                                                  --------------    --------------

                                                                                  $          657    $        2,766
                                                                                  ==============    ==============
</table>



                             SEE ACCOMPANYING NOTES
<page>


                                    TARI INC.
                        (A Pre-exploration Stage Company)
                        INTERIM STATEMENTS OF OPERATIONS
              for the three months ended June 30, 2007 and 2006 and
         for the period May 2, 2001 (Date of Inception) to June 30, 2007
                             (Stated in US Dollars)
                                   (Unaudited)
                                   -----------
<table>
<caption>
                                                                                                       May 2,
                                                                                                   2001 (Date of
                                                                          Three months             Inception) to
                                                                         ended June 30,               June 30,
                                                                     2007             2006              2007
                                                                     ----             ----              ----

                                                              <c>             <c>                <c>
Expenses
    Audit and accounting fees                                  $        1,750   $        2,250    $       56,247
    Bank charges                                                           15               32             1,228
    Consulting fees                                                         -                -            20,500
    Interest expense - Note 4                                           1,766                -             6,540
    Legal fees                                                              -                -            31,668
    Management fees - Note 4                                            1,500            1,500            18,000
    Office expenses                                                         -            1,200            11,186
    Mineral lease costs - Note 5                                            -            1,172            48,637
    Transfer agent and filing fees                                        709              640            16,946
                                                               --------------   --------------    --------------

Net loss before other item                                             (5,740)          (6,794)         (210,952)

Other item:
    Debt forgiven                                                           -                -            15,360
                                                               --------------   --------------    --------------

Net loss for the period                                        $       (5,740)  $       (6,794)   $     (195,592)
                                                               ==============   ==============    ==============

Basic loss per share                                           $        (0.00)  $        (0.00)
                                                               ==============   ==============

Weighted average number of shares outstanding                       3,890,000        3,890,000
                                                               ==============   ==============
</table>


                             SEE ACCOMPANYING NOTES

<page>

                                    TARI INC.
                        (A Pre-exploration Stage Company)
             INTERIM STATEMENT OF STOCKHOLDERS' EQUITY (DEFICIENCY)
         for the period May 2, 2001 (Date of Inception) to Jun 30, 2007
                             (Stated in US Dollars)
                                   (Unaudited)
                                   -----------
<table>
<caption>
                                                                                                       Deficit
                                                                                                     Accumulated
                                                                                   Additional        During the
                                                       Common Shares                Paid-in       Pre-exploration
                                              -----------------------------------
                                                   Number          Par Value         Capital            Stage              Total
                                                  ------          ---------         -------            -----              -----

                                            <c>              <c>              <c>              <c>                <c>
Capital stock issued for cash     - at $0.01      2,500,000   $        2,500   $        22,500  $              -   $        25,000
Net loss for the period ended March 31, 2002
                                                          -                -                 -           (39,696)          (39,696)
                                            ---------------   --------------   ---------------  ----------------   ---------------

Balance, March 31, 2002                           2,500,000            2,500            22,500           (39,696)          (14,696)
Capital stock subscribed pursuant to an
 offering memorandum for cash     - at $0.05      1,390,000            1,390            68,110                 -            69,500
Net loss for the year ended March 31, 2003                -                -                 -           (27,653)          (27,653)
                                            ---------------   --------------   ---------------  ----------------   ---------------

Balance, March 31, 2003                           3,890,000            3,890            90,610           (67,349)           27,151
Net loss for the year ended March 31, 2004                -                -                 -           (17,858)          (17,858)
                                            ---------------   --------------   ---------------  ----------------   ---------------

Balance, March 31, 2004                           3,890,000            3,890            90,610           (85,207)            9,293
Net loss for the year ended March 31, 2005                -                -                 -           (24,235)          (24,235)
                                            ---------------   --------------   ---------------  ----------------   ---------------

Balance, March 31, 2005                           3,890,000            3,890            90,610          (109,442)          (14,942)
Net loss for the year ended March 31, 2006                -                -                 -           (38,388)          (38,388)
                                            ---------------   --------------   ---------------  ----------------   ---------------

Balance, March 31, 2006                           3,890,000            3,890            90,610          (147,830)          (53,330)
Donated interest                                          -                -             4,774                 -             4,774
Net loss for the year ended March 31, 2007                -                -                 -           (42,022)          (42,022)
                                            ---------------   --------------   ---------------  ----------------   ---------------

Balance, March 31, 2007                           3,890,000            3,890            95,384          (189,852)          (90,578)

Donated interest                                          -                -             1,766                 -             1,766
Net loss for three months ended June 30,
 2007                                                     -                -                 -            (5,740)           (5,740)
                                            ---------------   --------------   ---------------  ----------------   ---------------

Balance, June 30, 2007                            3,890,000   $        3,890   $        97,150  $       (195,592)  $       (94,552)
                                            ===============   ==============   ===============  ================   ===============
</table>



                             SEE ACCOMPANYING NOTES

<page>

                                    TARI INC.
                        (A Pre-exploration Stage Company)
                        INTERIM STATEMENTS OF CASH FLOWS
           for three months ended June 30, 2007 and June 30, 2006 and
         for the period May 2, 2001 (Date of Inception) to June 30, 2007
                             (Stated in US Dollars)
                                   (Unaudited)
                                   -----------
<table>
<caption>
                                                                                                                   May 2,
                                                                                                                2001 (Date of
                                                                                      Three months              Inception) to
                                                                                     ended June 30,               June 30,
                                                                                 2007              2006             2007
                                                                                 ----              ----             ----

                                                                          <c>                <c>             <c>
            Cash Flows used in Operating Activities
                Net loss for the period                                    $       (5,740)   $       (6,794)  $     (195,592)
                Add (less) items not involving cash:
                  Interest expenses                                                 1,766                 -            6,540
                  Debt forgiven                                                                           -          (15,360)
                Change in non-cash working capital items related to operations:
                  Prepaid expenses                                                   (500)                -             (500)
                  Accounts payable and accrued liabilities                         (2,635)            5,377           43,456
                                                                           ---------------   --------------   --------------

                                                                                   (7,109)           (1,417)        (161,456)
                                                                           --------------    --------------   --------------

            Cash Flows provided by Financing Activities
                Proceeds from shares issued                                             -                 -           94,500
                Increase in advance payable                                             -                 -            5,300
                Due to related party                                                4,500             4,802           61,813
                                                                           --------------    --------------   --------------

                                                                                    4,500             4,802          161,613
                                                                           --------------    --------------   --------------

            Increase (decrease) in cash during the period                          (2,609)            3,385              157

            Cash, beginning of the period                                           2,766               573                -
                                                                           --------------    --------------   --------------

            Cash, end of the period                                        $          157    $        3,958   $          157
                                                                           ==============    ==============   ==============
</table>


                             SEE ACCOMPANYING NOTES

<page>

                                    TARI INC.
                        (A Pre-exploration Stage Company)
                    NOTES TO THE INTERIM FINANCIAL STATEMENTS
                                  June 30, 2007
                             (Stated in US Dollars)
                                   (Unaudited)


Note 1        Interim Reporting
              -----------------
              While information  presented in the accompanying interim financial
              statements is unaudited,  it includes all adjustments,  which are,
              in the  opinion of  management,  necessary  to present  fairly the
              financial  position,  results of operations and cash flows for the
              interim  period  presented.   All  adjustments  are  of  a  normal
              recurring  nature.  It is suggested  that these interim  financial
              statements be read in  conjunction  with the  Company's  March 31,
              2007 financial statements. Operating results from the period ended
              June 30, 2007, are not necessarily  indicative of the results that
              can be expected for the year ending March 31, 2008.

Note 2        Continuance of Operations
              -------------------------
              These  financial  statements have been prepared in accordance with
              generally  accepted  accounting  principles  applicable to a going
              concern,  which  assumes that the Company will be able to meet its
              obligations  and  continue  its  operations  for its  next  twelve
              months.  Realization  values may be  substantially  different from
              carrying  values as shown and these  financial  statements  do not
              give effect to adjustments that would be necessary to the carrying
              values and  classification  of assets and  liabilities  should the
              Company  be unable to  continue  as a going  concern.  At June 30,
              2007, the Company had not yet achieved profitable operations,  has
              accumulated losses of $195,529 since its inception,  has a working
              capital  deficiency of $94,552 and expects to incur further losses
              in the development of its business, all of which casts substantial
              doubt about the Company's  ability to continue as a going concern.
              The Company's  ability to continue as a going concern is dependent
              upon its ability to generate future  profitable  operations and/or
              to obtain the  necessary  financing  to meet its  obligations  and
              repay its liabilities arising from normal business operations when
              they come due.  Management  has no formal plan in place to address
              this concern but considers that the Company will be able to obtain
              additional   funds  by  equity   financing  and/or  related  party
              advances,  however  there is no  assurance of  additional  funding
              being available.

Note 3        Advances Payable
              ----------------
              The advances payable are unsecured,  non-interest bearing and have
              no specific terms for repayment.

              The Company  has  determined  the fair value of  interest  for the
              period  ended  June  30,  2007 as  $1,766.  This  amount  has been
              recorded  by the  Company  as donated  interest  and  included  in
              additional paid-in capital.

<page>

Note 4        Related Party Transactions
              --------------------------
              The  Company  was  charged  the  following  by a  director  of the
              Company:
<table>
<caption>
                                                                                                      May 2,
                                                                                                  2001 (Date of
                                                                        Three months              Inception) to
                                                                       ended June 30,                June 30,
                                                                    2007             2006              2007
                                                                    ----             ----              ----
              
                                               <c>               <c>              <c>
              Management fees                                 $       1,500     $        1,500   $        18,000
                                                              =============     ==============   ===============
</table>
              Included  in accounts  payable at June 30, 2007 is $18,000  (March
              31, 2007:  $16,500) of unpaid management fees due to a director of
              the Company.

              The amount due to related  party,  the  director  of the  Company,
              consists  of  unpaid  advances.   The  amount  due  is  unsecured,
              non-interest  bearing  and has no  specific  terms for  repayment.
              During the three months ended June 30, 2007,  the Company  imputed
              interest on due to related party at 10% per annum.

Note 5        Commitments
              -----------

              Mining Lease

              By a lease  agreement  effective  May 15, 2001 and  amended  April
              2002,  November 2002, April 2003,  January 9, 2004, April 11, 2005
              and July 24, 2006, the Company was granted the exclusive  right to
              explore and mine the SF resource property located in Storey County
              of the State of  Nevada.  The term of this  lease is for 20 years,
              renewable for an additional 20 years so long as the  conditions of
              the lease are met.  Minimum  payments and performance  commitments
              are as follows:

              Minimum Advance Royalty Payments:

              The owner shall be paid a royalty of 4% of the net smelter returns
              from all  production.  In respect to this royalty,  the company is
              required to pay minimum advance royalty payments as follows:

              -   $5,000 upon execution (paid);

              -   $1,250 on or before May 15, 2002 (paid);

              -   $1,500 on or before November 30, 2002 (paid);

              -   $1,500 on or before April 15, 2003 (paid);

              -   $2,000 on January 9, 2004 (paid);

<page>

Note 5        Commitments - (cont'd)
              -----------

              Minimum Advance Royalty Payments - (cont'd)

              -   $5,000 on or before July 9, 2004 (paid);

              -   $5,000 on April 12, 2005 (paid);

              -   $20,000 on July 24, 2006 (paid); and

              -   $50,000  each January 9 thereafter  until  termination  of the
                  lease,  adjusted  based on inflation  rates  designated by the
                  Consumer Price Index.

              In  addition,   the  Company  was  required  to  fund  exploration
              expenditures of $5,000 by April 12, 2005 (paid).

              The Company can reduce the net smelter  return  royalty to 0.5% by
              payment of a buy-out price of $5,000,000. Advance royalty payments
              made to the date of the  buy-out  will be  applied  to reduce  the
              buy-out price.

              Performance Commitment:

              In the event that the Company  terminates  the lease after June 1,
              of any year it is required  to pay all  federal  and state  mining
              claim  maintenance  fees for the next assessment year. The Company
              is  required  to  perform  reclamation  work  in the  property  as
              required by federal state and local law for disturbances resulting
              from the Company's activities on the property.

              The Company  received a default  notice dated January 10, 2007 and
              had 15 days to cure the default. As the default was not cured, the
              lease was deemed null and void. The Company intends to renegotiate
              the terms of the lease agreement.  However,  there is no assurance
              that the Company will be successful in doing so.

Note 6        Subsequent Event
              ----------------
              On August 9, 2007, the director of the Company  advanced $8,000 to
              the Company.  The advance is unsecured,  non-interest  bearing and
              has no specific terms of repayment.

<page>

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


Forward Looking Statements

This quarterly report contains forward-looking statements that involve risks and
uncertainties.  We use words such as anticipate,  believe, plan, expect, future,
intend and similar expressions to identify such forward-looking  statements. You
should not place too much  reliance  on these  forward-looking  statements.  Our
actual results are likely to differ  materially from those  anticipated in these
forward-looking  statements  for many  reasons,  including the risks faced by us
described in this Risk Factors section and elsewhere in this quarterly report.


Plan of Operation

Our plan of operation for the twelve months following the date of this report is
to renegotiate a lease  agreement with respect to the SF Project and to complete
the  recommended  phase one  exploration  program on the  property.  There is no
guarantee that we will be successful in renegotiating the lease terms. If we are
successful,  we  anticipate  that a phase one  exploration  program will cost us
$89,000.

In addition,  we anticipate spending $15,000 on professional fees and $14,000 on
administrative expenses.

Excluding  any  mineral   property   payments  and  exploration   costs,   total
expenditures over the next 12 months are therefore  expected to be $29,000.  Our
cash on hand  at  June,  2007  was  $157.  Accordingly,  we will  need to  raise
additional funds in order to complete the recommended exploration program on the
SF project and meet our other  expected  expenses.  We do not currently have any
arrangements for raising additional funding.






<page>

Results of Operations for the first quarter ended June 30, 2007

We  incurred a net loss of $5,740  for the three  months  period  ended June 30,
2007,  as compared to a loss of $6,794 in the same period in 2006.  The decrease
of loss for the current period was due to the inactiveness of the Company during
the three months. The president charges the Company $500 per month on a month by
month basis  ($1,500  for the period of April to June).  At the end of the first
quarter,  we had  cash on hand of $157.  Our  liabilities  for the  same  period
totalled $95,209 and consisted of accounts payable of $28,096,  advances payable
of $5,300 and $61,813 due to our president.


Item 3.           Controls and Procedures


As required by Rule 13a-15 under the Exchange  Act,  within the 90 days prior to
the filing date of this report,  the Company  carried out an  evaluation  of the
effectiveness of the design and operation of the Company's  disclosure  controls
and  procedures.  This evaluation was carried out under the supervision and with
the  participation  of  the  Company's   management,   including  the  Company's
President, the Chief Executive Officer, and the Chief Financial Officer.

Based upon that evaluation,  the Company concluded that the disclosure  controls
and  procedures are  effective.  There have been no  significant  changes in the
Company's  internal  controls or in other  factors,  which  could  significantly
affect  internal  controls  subsequent  to the date the Company  carried out its
evaluation.

PART II  OTHER INFORMATION

Item 1.           Legal Proceedings

The Company is not a party to any pending  legal  proceeding.  Management is not
aware of any threatened litigation, claims or assessments.

Item 2.           Changes in Securities

None.

Item 3.            Defaults upon Senior Securities

None.

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

None.

Item 5.            Other Information

None.

Item 6.            Exhibits and Report on Form 8-K

 31.1        Certification pursuant to 18 U.S.C. Section 1350, as adopted
             pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
 31.2        Certification pursuant to 18 U.S.C. Section 1350, as adopted
             pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
 32.1        Certification pursuant to 18 U.S.C. Section 1350, as adopted
             pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
 32.2        Certification pursuant to 18 U.S.C. Section 1350, as adopted
             pursuant to Section 906 of the Sarbanes-Oxley Act of 2002


There were no reports  filed on Form 8-K during the three  months  period  ended
June 30, 2007.


<page>

SIGNATURES

In accordance with the  requirements of the Exchange Act, the registrant  caused
this  report to be  signed on its  behalf  by the  undersigned,  thereunto  duly
authorized.

Tari Inc.

/s/ Theodore Tsagkaris
---------------------------
Theodore Tsagkaris
President, Secretary, Treasurer
Chief Executive Officer and Director
(Principal Executive Officer,
Principal Financial Officer and
Principal Accounting Officer)
Dated: August 15, 2007