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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        December 31, 2004
                                            -----------------

[ ]   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)

                        700 West Pender Street, Suite 802
                   Vancouver, British Columbia, Canada V6C 1G8
                    (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 [ ] 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 February 11, 2005.

<page>


                                    TARI INC.

                        (A Pre-exploration Stage Company)

                          INTERIM FINANCIAL STATEMENTS

                                December 31, 2004

                             (Stated in US Dollars)

                                   (Unaudited)
                                   -----------


<page>




                                    TARI INC.
                        (A Pre-exploration Stage Company)
                             INTERIM BALANCE SHEETS
                      December 31, 2004 and March 31, 2004
                             (Stated in US Dollars)
                                   (Unaudited)
                                   ------------

<table>
<caption>
                                                                                 December 31,         March 31,
                                                     ASSETS                          2004                2004
                                                     ------                          ----                ----

                                                                              <c>                  <c>
Current
    Cash                                                                      $           3,760   $          17,698
                                                                              =================   =================

                                                    LIABILITIES
                                                    -----------
Current
    Accounts payable and accrued liabilities - Note 4                         $           9,659   $           6,250
    Due to related party - Note 4                                                         2,155               2,155
                                                                              -----------------   -----------------

                                                                                         11,814               8,405
                                                                              -----------------   -----------------


                                         STOCKHOLDERS' EQUITY (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  (March 31,2004:  3,890,000) shares isused                            3,890               3,890
Additional paid-in capital                                                               90,610              90,610
Deficit accumulated during the pre-exploration stage                                   (102,554)            (85,207)
                                                                              -----------------   -----------------

                                                                                         (8,054)              9,293
                                                                              -----------------   -----------------

                                                                              $           3,760   $          17,698
                                                                              =================   =================
</table>



                             SEE ACCOMPANYING NOTES

<page>

                                    TARI INC.
                        (A Pre-exploration Stage Company)
                        INTERIM STATEMENTS OF OPERATIONS
        for the three and nine months ended December 31, 2004 and 2003,
  and for the period May 2, 2001 (Date of Incorporation) to December 31, 2004
                             (Stated in US Dollars)
                                   (Unaudited)
                                   -----------

<table>
<caption>
                                                                                                             May 2, 2001
                                                                                                               (Date of
                                                                                                            Incorporation)
                                                Three months ended              Nine months ended                to
                                            December 31,   December 31,     December 31,
                                               2004            2003            2004            2003              2004
                                               ----            ----            ----            ----              ----

                                         <c>               <c>            <c>             <c>             <c>
Expenses
    Audit and accounting fees             $        2,200  $        1,821  $        4,224  $        6,582  $        25,100
    Bank charges                                      36              45             180             148              794
    Consulting fees                                    -               -               -               -           15,500
    Incorporation costs                                -               -               -               -              900
    Legal fees                                         -               -               -               -           28,768
    Management fees - Note 4                       1,500               -           3,000               -            3,000
    Office expenses                                1,200               -           2,400               -            2,786
    Mineral lease costs - Note 3                       -               -           5,271           1,721           17,248
    Transfer agent and filing fees                   245              34           2,272           2,575            8,458
                                          --------------  --------------  --------------  --------------  ---------------

Net loss for the period                   $       (5,181) $       (1,900) $      (17,347) $      (11,026) $      (102,554)
                                          ==============  ==============  ==============  ==============  ===============

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

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



                             SEE ACCOMPANYING NOTES

<page>

                                    TARI INC.
                        (A Pre-exploration Stage Company)
                        INTERIM STATEMENTS OF CASH FLOWS
             for the nine months ended December 31, 2004 and 2003,
  and for the period May 2, 2001 (Date of Incorporation) to December 31, 2004
                             (Stated in US Dollars)
                                   (Unaudited)
                                   -----------
<table>
<caption>
                                                                                                      May 2, 2001
                                                                                                       (Date of
                                                                                                    Incorporation)
                                                                        Nine months ended                 to
                                                                 December 31,      December 31,
                                                                     2004              2003              2004
                                                                     ----              ----              ----

                                                                <c>              <c>               <c>
Cash Flows used in Operating Activities
    Net loss for the period                                    $       (17,347)  $       (11,026)  $      (102,554)
    Change in non-cash working capital items related to
   operations:
      Prepaid expenses                                                       -            (1,558)                -
      Accounts payable and accrued liabilities                           3,409             3,238             9,659
                                                               ---------------   ---------------   ---------------

                                                                       (13,938)           (9,346)          (92,895)
                                                               ---------------   ---------------   ---------------

Cash Flows provided by Financing Activities
    Proceeds from shares issued                                              -                 -            94,500
    Due to related party                                                     -                 -             2,155
                                                               ---------------   ---------------   ---------------

                                                                             -                 -            96,655
                                                               ---------------   ---------------   ---------------

Increase (decrease) in cash during the period                          (13,938)           (9,346)            3,760

Cash, beginning of the period                                           17,698            30,773                 -
                                                               ---------------   ---------------   ---------------

Cash, end of the period                                        $         3,760   $        21,427   $         3,760
                                                               ===============   ===============   ===============

Supplemental disclosure of cash flow information: Cash paid for:
      Interest                                                 $             -   $             -   $             -
                                                               ===============   ===============   ===============

      Income taxes                                             $             -   $             -   $             -
                                                               ===============   ===============   ===============
</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 Incorporation) to December 31, 2004
                             (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 period                             -                -                 -          (17,347)            (17,347)
                                     ---------------- ----------------  ---------------- ----------------    ----------------

Balance, December 31, 2004                  3,890,000 $          3,890  $         90,610 $       (102,554)   $         (8,054)
                                     ================ ================  ================ ================     ===============
</table>



                             SEE ACCOMPANYING NOTES

<page>


                                    TARI INC.
                        (A Pre-exploration Stage Company)
                    NOTES TO THE INTERIM FINANCIAL STATEMENTS
                                December 31, 2004
                             (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,
              2004 financial statements. Operating results from the period ended
              December 31, 2004 are not  necessarily  indicative  of the results
              that can be expected for the year ending March 31, 2005.

Note 2        Continuance of Operations
              -------------------------

              These  financial  statements  have been prepared  using  generally
              accepted  accounting  principles  in the United  States of America
              applicable for a going concern which assumes that the Company will
              realize its assets and discharge its  liabilities  in the ordinary
              course of business.  The Company has a working capital  deficiency
              of $8,054 as at December 31, 2004, has not yet attained profitable
              operations  and the  Company  has  accumulated  losses of $102,554
              since  inception.  Its ability to  continue as a going  concern is
              dependent  upon the ability of the company to generate  profitable
              operations in the future and/or to obtain the necessary  financing
              to meet its  obligations  and repay its  liabilities  arising from
              normal  business  operations  when they come due.  The  outcome of
              these matters  cannot be predicted with any certainty at this time
              and  raise  substantial  doubt  that the  Company  will be able to
              continue as a going  concern.  These  financial  statements do not
              include  any  adjustments  to the amounts  and  classification  of
              assets and liabilities that may be necessary should the Company be
              unable to continue as a going concern.

Note 3        Commitments- Note 5
              -----------

              Mining Lease

              By a lease  agreement  effective  May 15, 2001 and  amended  April
              2002,  November 2002,  April 2003 and January 9, 2004, 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:

<page>

Tari Inc.
(A Pre-exploration Stage Company)
Notes to the Financial Statements
December 31, 2004
(Stated in US Dollars) - Page 2
 --------------------


Note 3        Commitments - Note 5 - (cont'd)
              -----------

              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 of the following:

              -   $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);

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

              -   $10,000 on or before January 9, 2005 (see Note 5);  and

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

              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.

<page>

Tari Inc.
(A Pre-exploration Stage Company)
Notes to the Financial Statements
December 31, 2004
(Stated in US Dollars) - Page 3
 --------------------


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 ended           Nine months ended         Incorporation)
                                             December 31,                 December 31,             To Dec 31,
                                         2004           2003          2004           2003             2004
                                         ----           ----          ----           ----             ----
             
                      <c>            <c>           <c>            <c>            <c>
             Management fees         $     1,500   $         -    $     3,000   $         -    $       3,000
                                     ===========   ===========    ===========   ===========    =============
</table>

              These  charges were  measured by the exchange  amount which is the
              amount agreed upon by the transacting parties.

              Included in accounts payable at December 31, 2004 is $3,000 (March
              31, 2004:  $Nil)  consisting  of unpaid  management  fees due to a
              director of the Company.

              The amount  due to  related  party,  a  director  of the  Company,
              consists  of  unpaid  advances  of  $2,155.   The  amount  due  is
              unsecured,  non-interest  bearing  and has no  specific  terms for
              repayment.

Note 5        Subsequent Event
              ----------------

              The advance  royalty payment of $10,000 due by January 9, 2005 has
              not been paid.  The Company is currently  negotiating an amendment
              to the balance of the scheduled advance royalty  payments.  As per
              the lease agreement, the landlord must give written default notice
              and the  Company  has 15 days to cure the default or the lease can
              be  terminated.  No notice has been  received  due to the  current
              negotiations.

<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 complete the recommended  phase one exploration  program on the SP project in
which we hold a leasehold  interest.  We still anticipate that this program will
cost us $89,000.

In January  2004,  we amended  our mineral  claims  agreement  regarding  the SP
Project  located in Storey  County  Nevada.  We paid the lessor of the  property
$2,000 upon execution of the agreement and $5,000 on July 5, 2004.

The advance royalty payment of $10,000 due by January 9, 2005 has not been made.
The  Company  is  currently  negotiating  an  amendment  to the  balance  of the
scheduled  advance royalty  payments.  As per the lease agreement,  the landlord
must give written default notice and the Company has 15 days to cure the default
or the lease can be  terminated.  No notice has been received due to the current
negotiations.

In addition,  we anticipate spending $12,000 on professional fees and $15,000 on
administrative expenses.

Total  expenditures (not including any property  expenditures)  over the next 12
months are therefore expected to be $27,000.  Our cash on hand December 31, 2004
was  $3,760.  Accordingly,  we will need to raise  additional  funds in order to
complete  the  recommended  exploration  program on the SP project  and meet our
other expected  expenses.  We do not currently have any arrangements for raising
additional funding.

Results of Operations for the third quarter-ended December 31, 2004

We incurred a net loss of $17,347 for the  nine-month  period ended December 31,
2004,  as  compared  to a loss of  $11,026  in the  same  period  in  2003.  The
difference  in net loss was  primarily  due to an increase in  management  fees,
office expenses,  and resource property costs. As per management agreement dated
July 1, 2004,  the  president  started to charge the Company  $500 per month for
management fees ($3,000 per the period July - December  2004).  The Company also
started to incur $400 per month for office rent, telephone expenses, and general
miscellaneous office expenses ($2,400 per the period July-December 2004) related
to use of the Vancouver office.  In the previous periods,  the president did not
charge the Company for such expenses.  During the nine months ended December 31,
2004, we incurred  transfer  agent and filing fees of $2,227 (2003:  $2,575) and
professional fees of $4,224 (2003: $6,582) in order to bring all outstanding SEC
filings  current.  We also  incurred  resource  property  costs of $5,271 (2003:
$1,721) due to the new amended lease agreement. At the end of the third quarter,
we had cash on hand of $3,760.  Our  liabilities  for the same  period  totalled
$11,814  and  consisted  of  accounts  payable  of $9,659  and $2,155 due to our
president.

<page>

 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

 10.1      Management Agreement *
 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 906 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

* Filed as an exhibit with Form 10-QSB for the quarter ended September 30, 2004.
There were no reports  filed on Form 8-K during  the nine  months  period  ended
December 31, 2004.
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: February 11, 2005