----

**SECURITIES      AND EXCHANGE COMMISSION**

**Washington,      D.C. 20549**

**FORM      10-QSB**

**FORESIGHT      SPECIALISTS, INC. **

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|  NEVADA                                                                        |  86-1024853                                    |
|-------------------------------------------------------------------------------------|-----------------------------------------------------|
|  (State                or other jurisdiction of incorporation or organization) | (I.R.S.                Employer Identification No.) |

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**FORESIGHT      SPECIALISTS, INC.**

**(A      DEVELOPMENT STAGE COMPANY)**

|  ** TABLE                OF CONTENTS** |
|--------------------------------------------------|
|                                             |   |   |   |   |   |   |   |   |
|                                             |   |   |   |   |   |   |   | Page |
| Part                I                            | Financial                Information | 3 |
|                                             |   |   |   |   |   |   |   |   |
| Item                1.                           | Financial                Statements: | 3 |
|                                             |   |   |   |   |   |   |   |   |
|                                             | Condensed                Balance Sheets March 31, 2007 (unaudited) and December 31,                2006 |  3 |
|                                             |   |   |
|                                             | Unaudited                Condensed Statements of Operations for the three months ended March                31,                2007 and 2006, and cumulative from inception on July 16,1998 through                March                31, 2007 |  4 |
|                                             |   |   |
|                                             | Unaudited                Condensed Statements of Cash Flows for the three months ended March                31,                2007 and 2006, and cumulative from inception on July 16, 1998 through                March 31, 2007 |  5 |
|                                             |   |   |
|                                             | Statement                of Stockholders' Deficit for the period from July 16,1998 to March                31,                2007 (unaudited) |  6 |
|                                             |   |   |
|                                             |  Notes                to Financial Statements (unaudited) |  7 |
|                                             |   |   |
| Item                2.                           |  Plan                of Operation |  7 |
|                                             |   |   |
|  Part                II                     |  Other                Information |  7 |
|                                             |   |   |
|  Item                1.                     |  Legal                Proceedings |  7 |
|                                             |   |   |
|  Item                2.                     |  Changes                in Securities |  7 |
|                                             |   |   |
|  Item                6.                     |  Exhibits                and Reports on Form 8-K |  7 |
|                                             |   |   |
|                                             |  Signatures |  8 |
|                                             |   |   |

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| **FORESIGHT                  SPECIALISTS, INC.**                                                                |
|----------------------------------------------------------------------------------------------------------------------|
| **(A                  DEVELOPMENT STAGE ENTERPRISE)**                                                           |
| **CONDENSED                  BALANCE SHEETS**                                                                   |
|                                                                                                            |
|                                                                                                                 |   |   |   |   |   |   |
|                                                                                                                 |   |   |   |   |   |   |
|                                                                                                                 |   |   |   |   |   |   |
|                                                                                                                 |   | **March                  31,** |   |   | **December                  31,** |   |
|                                                                                                                 |   | **2007** |   |   | **2006** |   |
|                                                                                                                 |   | **(unaudited)** |   |   |   |   |
| **ASSETS**                                                                             |
|                                                                                                                 |   |   |   |   |   |   |
|  **CURRENT                  ASSETS**                                                                            |   | $ | - |   |   | $ | - |   |
|                                                                                                                 |   |   |   |   |   |   |   |   |
|                                                                                                                 |   |   |   |   |   |   |   |   |
|                                                                                                                 |   |   |   |   |   |   |   |   |
|                                                                                                                 |   |   |   |   |   |   |   |   |
| **LIABILITIES                  AND STOCKHOLDERS' DEFICIT**                                                           |   |
|                                                                                                                 |   |   |   |   |   |   |   |   |
|                                                                                                                 |   |   |   |   |   |   |   |   |
| **CURRENT                  LIABILITIES**                                                                             |   |   |   |   |   |   |   |   |
|                                                                                                                 |   |   |   |   |   |   |   |   |
|        Accounts                  payable, related parties                         |   | $ | 41,593 |   |   | $ | 39,864 |   |
|                                                                                                                 |   |   |   |   |   |   |   |   |
|        Total                  Current Liabilities                                 |   |   | 41,593 |   |   |   | 39,864 |   |
|                                                                                                                 |   |   |   |   |   |   |   |   |
|                                                                                                                 |   |   |   |   |   |   |   |   |
| **STOCKHOLDERS'                  DEFICIT**                                                                           |   |   |   |   |   |   |   |   |
|                                                                                                                 |   |   |   |   |   |   |   |   |
| Common                  stock, par value $.001, 25,000,000                                                           |   |   |   |   |   |   |   |   |
|   shares                  authorized, 1,000,000 issued and                                                 |   |   |   |   |   |   |   |   |
|   outstanding                                                                                              |   |   | 1,000 |   |   |   | 1,000 |   |
| Paid                  in capital                                                                                     |   |   | 1,800 |   |   |   | 1,800 |   |
|  Accumulated                  deficit during the development stage                                              |   |   | (44,393 | ) |   |   | (42,664 | ) |
|                                                                                                                 |   |   |   |   |   |   |   |   |
|                                                                                                                 |   |   |   |   |   |   |   |   |
| Total                  Stockholders' accumulated Deficit                                                             |   |   | (41,593 | ) |   |   | (39,864 | ) |
|                                                                                                                 |   |   |   |   |   |   |   |   |
|                                                                                                                 |   | $ | - |   |   | $ | - |   |
|                                                                                                                 |   |   |   |   |   |   |   |   |
|                                                                                                                 |   |   |   |   |   |   |   |   |
|                                                                                                                 |   |   |   |   |   |   |   |   |
|                                                                                                                 |   |   |   |   |   |   |   |   |
|                                                                                                                 |   |   |   |   |   |   |   |   |
|                                                                                                                 |   |   |   |   |   |   |   |   |
|                                                                                                                 |   |   |   |   |   |   |   |   |
|  SEE                  ACCOMPANYING NOTES TO FINANCIAL STATMENTS         |

----

| **FORESIGHT                  SPECIALISTS, INC.**                                 |
|---------------------------------------------------------------------------------------|
| **(A                  DEVELOPMENT STAGE ENTERPRISE)**                            |
| **CONDENSED                  STATEMENTS OF OPERATIONS**                          |
| **(UNAUDITED)**                                                                  |
|                                                                                  |   |   |   |   |   |   |   |   |   |
|                                                                                  |   |   |   |   |   |   |   |   |   |
|                                                                                  |   |   |   |   |   |   |   | **Cumulative** |   |
|                                                                                  |   |   |   |   |   |   |   | **from** |   |
|                                                                                  |   |   |   |   |   |   |   | **July                  16,** |   |
|                                                                                  |   |   |   |   |   |   |   | **1998** |   |
|                                                                                  |   | **For                  The Three Months Ended** |   |   | **(Inception)** |   |
|                                                                                  |   | **March                  31,** |   |   | **to** |   |
|                                                                                  |   | 2007 |   |   | 2006 |   |   | **March                  31, 2007** |   |
|                                                                                  |   |   |   |   |   |   |   |   |   |
| **REVENUES**                                                                          |   | $ | - |   |   | $ | - |   |   | $ | - |   |
|                                                                                  |   |   |   |   |   |   |   |   |   |   |   |   |
| **EXPENSES**                                                                          |   |   |   |   |   |   |   |   |   |   |   |   |
|    General                  and administrative                         |   |   | 1,729 |   |   |   | 2,688 |   |   |   | 44,393 |   |
|                                                                                  |   |   |   |   |   |   |   |   |   |   |   |   |
|    Total                  expenses                                     |   |   | 1,729 |   |   |   | 2,688 |   |   |   | 44,393 |   |
|                                                                                  |   |   |   |   |   |   |   |   |   |   |   |   |
| **NET                  (LOSS)**                                                       |   | $ | (1,729 | ) |   | $ | (2,688 | ) |   | $ | (44,393 | ) |
|                                                                                  |   |   |   |   |   |   |   |   |   |   |   |   |
| **NET                  (LOSS) PER SHARE**                                             |   |   | * |   |   |   | * |   |   |   |   |   |
|                                                                                  |   |   |   |   |   |   |   |   |   |   |   |   |
| **WEIGHTED                  AVERAGE NUMBER OF**                                       |   |   |   |   |   |   |   |   |   |   |   |   |
|   **COMMON                  SHARES OUTSTANDING**                            |   |   | 1,000,000 |   |   |   | 1,000,000 |   |   |   |   |   |
|                                                                                  |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                  |   |   |   |   |   |   |   |   |   |   |   |   |
| *                  less than $ (0.01) per share                                       |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                  |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                  |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                  |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                  |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                  |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                  |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                  |   |   |   |   |   |   |   |   |   |   |   |   |
|  SEE                  ACCOMPANYING NOTES TO FINANCIAL                  STATMENTS |

----

| **FORESIGHT                  SPECIALISTS, INC.**                                                     |
|-----------------------------------------------------------------------------------------------------------|
| **(A                  DEVELOPMENT STAGE ENTERPRISE)**                                                |
| **CONDENSED                  STATEMENTS OF CASH FLOWS**                                              |
| **(UNAUDITED)**                                                                                      |
|                                                                                                      |   |   |   |   |   |   |   |   |   |
|                                                                                                      |   |   |   |   |   |   |   |   |   |
|                                                                                                      |   |   |   |   |   |   |   |   |   |
|                                                                                                      |   |   |   |   |   |   |   |   |   |
|                                                                                                      |   |   |   |   |   |   |   |   |   |
|                                                                                                      |   |   |   |   |   |   |   |   |   |
|                                                                                                      |   |   |   |   |   |   |   | Cumulative |   |
|                                                                                                      |   |   |   |   |   |   |   | from |   |
|                                                                                                      |   |   |   |   |   |   |   | July                  16, |   |
|                                                                                                      |   |   |   |   |   |   |   | 1998 |   |
|                                                                                                      |   | For                  The Three Months Ended |   |   | (Inception) |   |
|                                                                                                      |   | March                  31, |   |   | to |   |
|                                                                                                      |   | 2007 |   |   | 2006 |   |   | March                  31, 2007 |   |
|                                                                                                      |   |   |   |   |   |   |   |   |   |
| **OPERATING                  ACTIVITIES**                                                                 |   |   |   |   |   |   |   |   |   |
|          Net                  (loss) from operations         |   | $ | (1,729 | ) |   | $ | (2,688 | ) |   | $ | (44,393 | ) |
|                                                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |
| **NET                  CASH (USED BY) OPERATING ACTIVITIES**                                              |   |   | (1,729 | ) |   |   | (2,688 | ) |   |   | (44,393 | ) |
|                                                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |
| **FINANCING                  ACTIVITIES**                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |
|          Accounts                  payable, related parties  |   |   | 1,729 |   |   |   | 2,688 |   |   |   | 41,593 |   |
|          Proceeds                  from sale of common stock |   |   | - |   |   |   | - |   |   |   | 2,800 |   |
|                                                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |
| **NET                  CASH PROVIDED BY FINANCING ACTIVITIES**                                            |   |   | 1,729 |   |   |   | 2,688 |   |   |   | 44,393 |   |
|                                                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |
| **NET                  INCREASE IN CASH**                                                                 |   |   | (0 | ) |   |   | (0 | ) |   |   | - |   |
|                                                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |
| **CASH,                  BEGINNING OF PERIOD**                                                            |   |   | - |   |   |   | - |   |   |   | - |   |
|                                                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |
| **CASH,                  END OF PERIOD**                                                                  |   | $ | (0 | ) |   | $ | (0 | ) |   | $ | - |   |
|                                                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |
|  SEE                  ACCOMPANYING NOTES TO FINANCIAL                  STATMENTS                     |

----

|  **FORESIGHT                  SPECIALISTS, INC.**                     |
|---------------------------------------------------------------------------------|
|  **(A                  DEVELOPMENT STAGE ENTERPRISE)**                     |
|  **STATEMENT                  OF STOCKHOLDERS' DEFICIT**                   |
|                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                            |   |   |   |   |   |   |   |   |   |   | **Accumulated                  Deficit** |   |   |   |   |
|                                                                            |   |   |   |   |   |   |   |   |   |   | **During                  the** |   |   |   |   |
|                                                                            |   | **Common                  Stock** |   |   | **Paid-in** |   |   | **Development** |   |   |   |   |
|                                                                            |   | **Shares** |   |   | **Amount** |   |   | **Capital** |   |   | **Stage** |   |   | **Total** |   |
|                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| **Balances,                  at inception**                                     |   |   | - |   |   | $ | - |   |   | $ | - |   |   | $ | - |   |   | $ | - |   |
| July                  16, 1998:                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Proceeds                  from sale of common                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   stock                  at $.01 per share                            |   |   | 200,000 |   |   |   | 200 |   |   |   | 1,800 |   |   |   |   |   |   |   | 2,000 |   |
| Proceeds                  from sale of common                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   stock                  at par value $.001                           |   |   | 800,000 |   |   |   | 800 |   |   |   |   |   |   |   |   |   |   |   | 800 |   |
|   Net                  (loss) for the period                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   | (2,385 | ) |   |   | (2,385 | ) |
|                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| **Balances,                  December 31, 1998**                                |   |   | 1,000,000 |   |   |   | 1,000 |   |   |   | 1,800 |   |   |   | (2,385 | ) |   |   | 415 |   |
|   Net                  (loss) for the year                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   | (2,985 | ) |   |   | (2,985 | ) |
|                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| **Balances,                  December 31, 1999**                                |   |   | 1,000,000 |   |   |   | 1,000 |   |   |   | 1,800 |   |   |   | (5,370 | ) |   |   | (2,570 | ) |
|   Net                  (loss) for the year                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   | (2,985 | ) |   |   | (2,985 | ) |
|                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| **Balances,                  December 31, 2000**                                |   |   | 1,000,000 |   |   |   | 1,000 |   |   |   | 1,800 |   |   |   | (8,355 | ) |   |   | (5,555 | ) |
|   Net                  (loss) for the year                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   | (5,685 | ) |   |   | (5,685 | ) |
|                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| **Balances,                  December 31, 2001**                                |   |   | 1,000,000 |   |   |   | 1,000 |   |   |   | 1,800 |   |   |   | (14,040 | ) |   |   | (11,240 | ) |
|   Net                  (loss) for the year                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   | (4,335 | ) |   |   | (4,335 | ) |
|                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| **Balances,                  December 31, 2002**                                |   |   | 1,000,000 |   |   |   | 1,000 |   |   |   | 1,800 |   |   |   | (18,375 | ) |   |   | (15,575 | ) |
|   Net                  (loss) for the year                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   | (4,358 | ) |   |   | (4,358 | ) |
|                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| **Balances,                  December 31, 2003**                                |   |   | 1,000,000 |   |   |   | 1,000 |   |   |   | 1,800 |   |   |   | (22,733 | ) |   |   | (19,933 | ) |
|   Net                  (loss) for the year                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   | (6,605 | ) |   |   | (6,605 | ) |
|                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| **Balances,                  December 31, 2004**                                |   |   | 1,000,000 |   |   |   | 1,000 |   |   |   | 1,800 |   |   |   | (29,338 | ) |   |   | (26,538 | ) |
|                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   Net                  (loss) for the year                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   | (6,590 | ) |   |   | (6,590 | ) |
|                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| **Balances,                  December 31, 2005**                                |   |   | 1,000,000 |   |   |   | 1,000 |   |   |   | 1,800 |   |   |   | (35,928 | ) |   |   | (33,128 | ) |
|                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   Net                  (loss) for the year                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   | (6,736 | ) |   |   | (6,736 | ) |
|                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| **Balances,                  December 31, 2006**                                |   |   | 1,000,000 |   |   |   | 1,000 |   |   |   | 1,800 |   |   |   | (42,664 | ) |   |   | (39,864 | ) |
| **(unaudited)**                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   Net                  (loss) for the three months                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   | (1,729 | ) |   |   | (1,729 | ) |
|                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| **Balances,                  March 31, 2007 (unaudited)**                       |   |   | 1,000,000 |   |   | $ | 1,000 |   |   | $ | 1,800 |   |   | $ | (44,393 | ) |   | $ | (41,593 | ) |
|                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| SEE                  ACCOMPANYING NOTES TO FINANCIAL                  STATMENTS |

----

**FORESIGHT          SPECIALISTS, INC.**

**(A          DEVELOPMENT STAGE COMPANY)**

**NOTES            TO FINANCIAL STATEMENTS (UNAUDITED)**

**Note        1. Basis of Presentation**

**Note        2. Going Concern**

| 31.1 | Certificate                  of CEO as Required by Rule                  13a-14(a)/15d-14                                                                                                                                                                           |
|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 31.2 | Certificate                  of CFO as Required by Rule                  13a-14(a)/15d-14                                                                                                                                                                           |
| 32.1 | Certificate                  of CEO & CFO as Required by Rule                  Rule 13a-14(b) and Rule 15d-14(b) (17 CFR 240.15d-14(b)) and Section                  1350                  of Chapter 63 of Title 18 of the United States                  Code |

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