|  For                the 3 month period ended |   |  September                30, 2007 |
|---------------------------------------------------|--------|-----------------------------------------|

|  Commission                file number |   |  000-26235 |
|---------------------------------------------|--------|-----------------|

|  LION                CAPITAL HOLDINGS, INC.                                   |
|------------------------------------------------------------------------------------|
|  (Name                of Small Business Issuer in Its                Charter) |

|  Delaware                                                                      |   |  52-2191043                                          |
|-------------------------------------------------------------------------------------|--------|-----------------------------------------------------------|
|  (State                or other jurisdiction of incorporation or organization) |   |  (I.R.S.                Employer Identification No.) |

|  9211                Waterford Centre Blvd, Ste 200 Austin, Texas   |   |  78758                     |
|------------------------------------------------------------------------------------|--------|---------------------------------|
|  (Address                of principal executive office)                  |   |  (Zip                Code) |

|  Issuer's                telephone number, including area code |   |  (512)                615-2453 |
|---------------------------------------------------------------------|--------|-------------------------------------|

----

**TABLE      OF CONTENTS**

|                   |         |                                                                                                                      |         |                             |
|------------------------|--------------|---------------------------------------------------------------------------------------------------------------------------|--------------|----------------------------------|
|                   |         |                                                                                                                      |         | Page                Number  |
|                   |         |                                                                                                                      |         |                             |
| PART                I  |    | FINANCIAL                INFORMATION                                                                                      |    | 3                                |
|                   |         |                                                                                                                      |         |                             |
| Item                1. |    | Financial                Statements                                                                                       |    | 3                                |
|                   |         |                                                                                                                      |         |                             |
| Item                2. |    | Management’s                Discussion and Analysis of Financial Condition                and Results of Operations |    | 7                                |
|                   |         |                                                                                                                      |         |                             |
| Item                3. |    | Disclosure                Controls and Procedures                                                                         |    | 10                               |
|                   |    |                                                                                                                      |    |                             |
| PART                II |    | OTHER                INFORMATION                                                                                          |    | 11                               |
|                   |         |                                                                                                                      |         |                             |
| Item                6. |    | Exhibits,                Lists, and Reports on Form 8-K                                                                   |    | 11                               |
|                   |         |                                                                                                                      |         |                             |
| Signatures             |         |                                                                                                                      |         |                             |

----

**PartI      - FINANCIAL INFORMATION**

**Item1.      Financial Statements.**

**LION      CAPITAL HOLDINGS, INC.**

**CONSOLIDATED      FINANCIAL STATEMENTS**

**September      30, 2007**

**(Unaudited)**

----

| **LION                CAPITAL HOLDINGS, INC.**                                                                                                                        |   |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
| Consolidated                Balance Sheets                                                                                                                            |   |
|                                                                                                                                                                  |   |   |   |   |   |   |
| ASSETS                                                                                                                                                                |   |   |   |   |   |   |
|                                                                                                                                                                  |   | September                30, |   |   | December                31, |   |
|                                                                                                                                                                  |   | 2007 |   |   | 2006 |   |
|                                                                                                                                                                  |   | (Unaudited) |   |   |   |   |
| CURRENT                ASSETS                                                                                                                                         |   |   |   |   |   |   |
|                                                                                                                                                                  |   |   |   |   |   |   |
| Cash                                                                                                                                                                  |   | $ | 22,961 |   |   | $ | 240,847 |   |
|                                                                                                                                                                  |   |   |   |   |   |   |   |   |
| Total                Current Assets                                                                                                                                   |   |   | 22,961 |   |   |   | 240,847 |   |
|                                                                                                                                                                  |   |   |   |   |   |   |   |   |
| TOTAL                ASSETS                                                                                                                                           |   | $ | 22,961 |   |   | $ | 240,847 |   |
|                                                                                                                                                                  |   |   |   |   |   |   |   |   |
|                                                                                                                                                                  |   |   |   |   |   |   |   |   |
| LIABILITIES                AND STOCKHOLDERS' EQUITY (DEFICIT)                                                                                                         |   |   |   |   |   |   |   |   |
|                                                                                                                                                                  |   |   |   |   |   |   |   |   |
| CURRENT                LIABILITIES                                                                                                                                    |   |   |   |   |   |   |   |   |
|                                                                                                                                                                  |   |   |   |   |   |   |   |   |
| Accounts                payable                                                                                                                                       |   | $ | 1,124 |   |   | $ | - |   |
|                  Due to shareholders and related companies                                                                                                       |   |   | 75,548 |   |   |   | 25,548 |   |
| Net                liabilities of discontinued operations                                                                                                             |   |   | 1,688,640 |   |   |   | 1,683,714 |   |
|                                                                                                                                                                  |   |   |   |   |   |   |   |   |
| Total                Current Liabilities                                                                                                                              |   |   | 1,765,312 |   |   |   | 1,709,262 |   |
|                                                                                                                                                                  |   |   |   |   |   |   |   |   |
|                                Total Liabilities                                 |   |   | 1,765,312  |   |   |   | 1,709,262  |   |
|                                                                                                                                                                  |   |   |   |   |   |   |   |   |
| STOCKHOLDERS'                EQUITY (DEFICIT)                                                                                                                         |   |   |   |   |   |   |   |   |
|                                                                                                                                                                  |   |   |   |   |   |   |   |   |
| Common                stock, 150,000,000 shares authorized of $0.001                     par value, 14,851,079 shares issued and outstanding |   |   | 14,851 |   |   |   | 14,851 |   |
| Additional                paid-in capital                                                                                                                             |   |   | 2,895,266 |   |   |   | 2,895,266 |   |
| Accumulated                deficit                                                                                                                                    |   |   | (4,652,468 | ) |   |   | (4,378,532 | ) |
|                                                                                                                                                                  |   |   |   |   |   |   |   |   |
| Total                Stockholders' Equity (Deficit)                                                                                                                   |   |   | (1,742,351 | ) |   |   | (1,468,415 | ) |
|                                                                                                                                                                  |   |   |   |   |   |   |   |   |
|  TOTAL                LIABILITIES AND STOKHOLDERS' EQUITY (DEFICIT)                                                                                              |   | $ | 22,961 |   |   | $ | 240,847 |   |
|                                                                                                                                                                  |   |   |   |   |   |   |   |   |

----

| **LION                CAPITAL HOLDINGS, INC.**                       |   |
|----------------------------------------------------------------------|--------|
| Consolidated                Statements of Operations                 |   |
| (Unaudited)                                                          |   |
|                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                 |   | For                theThree                Months EndedSeptember                30, |   |   | For                theNine                Months EndedSeptember                30, |   |
|                                                                 |   | 2007 |   |   | 2006 |   |   | 2007 |   |   | 2006 |   |
|                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |
| REVENUES                                                             |   | $ | 15,000 |   |   | $ | 130,000 |   |   | $ | 19,800 |   |   | $ | 165,000 |   |
|                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| OPERATING                EXPENSES                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| General                and administrative                            |   |   | 47,575 |   |   |   | 150,622 |   |   |   | 288,810 |   |   |   | 326,890 |   |
|                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total                Operating Expenses                              |   |   | 47,575 |   |   |   | 150,622 |   |   |   | 288,810 |   |   |   | 326,890 |   |
|                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| LOSS                FROM OPERATIONS                                  |   |   | (32,575 | ) |   |   | (20,622 | ) |   |   | (269,010 | ) |   |   | (161,890 | ) |
|                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| LOSS                  FROM DISCONTINUED OPERATIONS                   |   |   | (1,642 | ) |   |   | (1,642 | ) |   |   | (4,926 | ) |   |   | (4,925 | ) |
|                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| NET                LOSS                                              |   | $ | (34,217 | ) |   | $ | (22,264 | ) |   | $ | (273,936 | ) |   | $ | (166,815 | ) |
|                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| BASIC                LOSS PER SHARE                                  |   | $ | (0.00 | ) |   | $ | (0.00 | ) |   | $ | (0.02 | ) |   | $ | (0.01 | ) |
|                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| WEIGHTED                  AVERAGE NUMBER OFCOMMON SHARES OUTSTANDING |   |   | 14,851,079 |   |   |   | 14,851,079 |   |   |   | 14,851,079 |   |   |   | 14,851,079 |   |
|                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |

----

| **LION                CAPITAL HOLDINGS, INC.**                                                          |   |
|---------------------------------------------------------------------------------------------------------|--------|
| Consolidated                Statements of Cash Flows                                                    |   |
| (Unaudited)                                                                                             |   |
|                                                                                                    |   |   |   |   |   |   |
|                                                                                                    |   |   |   |   |   |   |
|                                                                                                    |   | For                the Nine Months Ended |   |
|                                                                                                    |   | September                30, |   |   |   |   |
|                                                                                                    |   | 2007 |   |   | 2006 |   |
|                                                                                                    |   |   |   |   |   |   |
| CASH                FLOWS FROM OPERATING ACTIVITIES:                                                    |   |   |   |   |   |   |
|                                                                                                    |   |   |   |   |   |   |
| Net                loss                                                                                 |   | $ | (273,936 | ) |   | $ | (166,815 | ) |
| Adjustments                to reconcile net loss to net cash used                by operating activies: |   |   |   |   |   |   |   |   |
| Changes                in operating assets and liabilities:                                             |   |   |   |   |   |   |   |   |
| Accounts                payable                                                                         |   |   | 1,124 |   |   |   | (1,280 | ) |
|                                                                                                    |   |   |   |   |   |   |   |   |
| Net                Cash Used by Operating Activities                                                    |   |   | (272,812 | ) |   |   | (168,095 | ) |
|                                                                                                    |   |   |   |   |   |   |   |   |
| CASH                FLOWS FROM INVESTING ACTIVITIES:                                                    |   |   | - |   |   |   | - |   |
|                                                                                                    |   |   |   |   |   |   |   |   |
| CASH                FLOWS FROM FINANCING ACTIVITIES:                                                    |   |   |   |   |   |   |   |   |
|                                                                                                    |   |   |   |   |   |   |   |   |
| Payments                to shareholders and related companies                                           |   |   | - |   |   |   | (5,999 | ) |
| Bank                overdraft                                                                           |   |   | - |   |   |   | 3,926 |   |
| Advance                from related companies                                                           |   |   | 50,000 |   |   |   | - |   |
|                                                                                                    |   |   |   |   |   |   |   |   |
| Net                Cash Provided by (Used by) Financing Activities                                      |   |   | 50,000 |   |   |   | (2,073 | ) |
|                                                                                                    |   |   |   |   |   |   |   |   |
| Net                Cash Used by Continuing Operations                                                   |   |   | (222,812 | ) |   |   | (170,168 | ) |
|                                                                                                    |   |   |   |   |   |   |   |   |
| Net                Cash Provided by Discontinuing Operations                                            |   |   | 4,926 |   |   |   | 4,925 |   |
|                                                                                                    |   |   |   |   |   |   |   |   |
| NET                DECREASE IN CASH                                                                     |   |   | (217,886 | ) |   |   | (165,243 | ) |
|                                                                                                    |   |   |   |   |   |   |   |   |
| CASH                AT BEGINNING OF PERIOD                                                              |   |   | 240,847 |   |   |   | 165,243 |   |
|                                                                                                    |   |   |   |   |   |   |   |   |
| CASH                AT END OF PERIOD                                                                    |   | $ | 22,961 |   |   | $ | - |   |
|                                                                                                    |   |   |   |   |   |   |   |   |
| SUPPLEMENTAL                DISCLOSURES                                                                 |   |   |   |   |   |   |   |   |
| Interest                paid                                                                            |   | $ | - |   |   | $ | - |   |
| Taxes                paid                                                                               |   | $ | - |   |   | $ | - |   |

----

**LION            CAPITAL HOLDINGS, INC.**

| NOTE                1 - | BASIS                OF FINANCIAL STATEMENT PRESENTATION |
|-------------------------|----------------------------------------------------------|

| NOTE                2 - | LOSS                PER SHARE |
|-------------------------|-------------------------------|

|                                                                       |   | For                the Three Months Ended September                30,  |       |
|----------------------------------------------------------------------------|--------|------------------------------------------------------------------------------|------------|
|                                                                       |   | 2007                                                                         |       |   | 2006 |   |
|                                                                       |   |                                                                         |       |   |   |   |   |   |
|  Net              (loss) available to common shareholders             |   | $                                                                            | (342,217   | ) |   | $ | (22,264 | ) |
|                                                                       |   |                                                                         |       |   |   |   |   |   |
|  Wighted              average shares                                  |   |                                                                         | 14,851,079 |   |   |   | 14,851,079 |   |
|                                                                       |   |                                                                         |       |   |   |   |   |   |
|  Basic              loss per share (based on weighted average shares) |   | $                                                                            | (0.00      | ) |   | $ | (0.00 | ) |
|                                                                       |   |                                                                         |       |   |   |   |   |   |
|                                                                       |   |                                                                         |       |   |   |   |   |   |
|                                                                       |   | For                the Nine Months Ended September                30,   |       |
|                                                                       |   | 2007                                                                         |       |   | 2006 |   |
|                                                                       |   |                                                                         |       |   |   |   |   |   |
|  Net              (loss) available to common shareholders             |   | $                                                                            | (273,936   | ) |   | $ | (166,815 | ) |
|                                                                       |   |                                                                         |       |   |   |   |   |   |
|  Weighted              average shares                                 |   |                                                                         | 14,851,079 |   |   |   | 14,851,079 |   |
|                                                                       |   |                                                                         |       |   |   |   |   |   |
|  Basic              loss per share (based on weighted average shares) |   | $                                                                            | (0.02      | ) |   | $ | (0.01 | ) |

----

**LION          CAPITAL HOLDINGS, INC.**

|  NOTE              3 -    |   GOING              CONCERN |
|-----------------------------------------------|----------------------------------------|

----

**Item2.      Management's Discussion and Analysis or Plan of      Operation.**

**Risk      Factors and Cautionary Statements**

----

**Overview      and Plan of Operation**

----

**GOING      CONCERN**

----

**RESULTS      OF OPERATIONS**

**Item3.  Disclosure      Controls and      Procedures**

----

**PARTII. OTHER      INFORMATION**

**Item      6.           Exhibits and      Reports on Form 8-K**

| Exhibit                No.  |   |  Exhibit                                                                                                                     |
|----------------------------------|--------|-----------------------------------------------------------------------------------------------------------------------------------|
|                             |   |                                                                                                                              |
|  31.1                       |   |  Certification              of Chief Executive Officer Pursuan to Section 302 of the Sarbanes-Oxley              Act of 2002 |
|                             |   |                                                                                                                              |
|  31.2                       |   |  Certification              of Chief Executive Officer Pusuant to Section 906 of the Sarbanes-Oxley              Act of 2002 |

----

**Signatures**

|                                                    |        |  **LION                CAPITAL HOLDINGS, INC.**                                                                                                                       |
|---------------------------------------------------------|--------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                    |        |                                                                                                                                                                       |
|                                                    |        |                                                                                                                                                                       |
| Date:                   November 9, 2007 |        | */s/                Tim                Page                     * |
|                                                    |        | Tim                Page, President and Chief Executive Officer                                                                                                             |
|                                                    |        |                                                                                                                                                                       |