----

----

**U.S.      SECURITIES AND EXCHANGE COMMISSION**

**Washington,      D.C. 20549**

**FORM      10-QSB**

| **x** | **QUARTERLY                REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE                ACT OF                1934** |
|-------|------------------------------------------------------------------------------------------------------------------------------------------|

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

| **o** | **TRANSITION                REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE                ACT OF                1934** |
|-------|-------------------------------------------------------------------------------------------------------------------------------------------|

**For      the transition period from**

**Commission      File No. 000-30327**

**SEGWAY      IV CORP.**

**(Exact      name of small business issuer as specified in its charter)**

| **New                Jersey**                                                               | **22-3719169**                                      |
|---------------------------------------------------------------------------------------------|-----------------------------------------------------|
| (State                or other jurisdiction ofincorporation                or organization) | (I.R.S.                Employer Identification No.) |

**213      South Oak Avenue, Owatonna, Minnesota 55060**

**(507)      446-9166**

----

**PART      I-- FINANCIAL INFORMATION**

| Item                1. | Financial                Statements                                              |
|------------------------|----------------------------------------------------------------------------------|
|                   |                                                                             |
| Item                2. | Management’s                Discussion and Analysis of Financial Condition |
|                   |                                                                             |
| Item                3. | Control                and Procedures                                            |

**PART      II-- OTHER INFORMATION**

| Item                1.       | Legal                Proceedings                                   |
|------------------------------|--------------------------------------------------------------------|
|                         |                                                               |
|  Item                2. | Changes                in Securities                               |
|                         |                                                               |
|  Item                3. | Defaults                Upon Senior Securities                     |
|                         |                                                               |
|  Item                4. | Submission                of Matters to a Vote of Security Holders |
|                         |                                                               |
|  Item                5. | Other                Information                                   |
|                         |                                                               |
|  Item                6. | Exhibits                and Reports on Form 8-K                    |

**SIGNATURE**

**Item      1. Financial Information**

----

| FINANCIAL                  STATEMENTS                                                                               | Page                  # |
|---------------------------------------------------------------------------------------------------------------------|-------------------------|
|                                                                                                                |                    |
|                                                                                                                |                    |
|          Balance                  Sheet                                | 4                       |
|                                                                                                                |                    |
|                                                                                                                |                    |
|          Statement                  of Operations and Retained Deficit | 5                       |
|                                                                                                                |                    |
|                                                                                                                |                    |
|          Statement                  of Stockholders Equity             | 6                       |
|                                                                                                                |                    |
|                                                                                                                |                    |
|          Cash                  Flow Statement                          | 7                       |
|                                                                                                                |                    |
|                                                                                                                |                    |
|          Notes                  to the Financial Statements            | 8-10                    |

----

| **SEGWAY                    IV CORP.**                                                                     |   |
|------------------------------------------------------------------------------------------------------------|--------|
| **(a                    development stage company)**                                                       |   |
| **BALANCE                    SHEETS**                                                                      |   |
| **(unaudited)**                                                                                            |   |
| **As                    of June 30, 2007 and December 31, 2006**                                           |   |
|                                                                                                       |   |
| **ASSETS**                                                                                                 |   |
|                                                                                                       |   |   |   |   |   |   |
| **CURRENT                    ASSETS**                                                                      |   | **6/30/07** |   |   | **12/31/2006** |   |
|                                                                                                       |   |   |   |   |   |   |
| Cash                                                                                                       |   | $ | - |   |   | $ | - |   |
|                                                                                                       |   |   |   |   |   |   |   |   |
| Total                    Current Assets                                                                    |   |   | - |   |   |   | - |   |
|                                                                                                       |   |   |   |   |   |   |   |   |
| **TOTAL                    ASSETS**                                                                        |   | $ | - |   |   | $ | - |   |
|                                                                                                       |   |   |   |   |   |   |   |   |
| **LIABILITIES                    AND STOCKHOLDERS' EQUITY**                                                |   |
|                                                                                                       |   |   |   |   |   |   |   |   |
| **CURRENT                    LIABILITIES**                                                                 |   |   |   |   |   |   |   |   |
|                                                                                                       |   |   |   |   |   |   |   |   |
| Accrued                    Expenses                                                                        |   | $ | 11,550 |   |   | $ | 10,850 |   |
|                                                                                                       |   |   |   |   |   |   |   |   |
| Total                    Current Liabilities                                                               |   |   | 11,550 |   |   |   | 10,850 |   |
|                                                                                                       |   |   |   |   |   |   |   |   |
| **TOTAL                    LIABILITIES**                                                                   |   |   | 11,550 |   |   |   | 10,850 |   |
|                                                                                                       |   |   |   |   |   |   |   |   |
| **STOCKHOLDERS'                    EQUITY**                                                                |   |   |   |   |   |   |   |   |
|                                                                                                       |   |   |   |   |   |   |   |   |
| Preferred                    Stock - Par value $0.0001;                                                    |   |   |   |   |   |   |   |   |
|     Authorized:                    20,000,000                                          |   |   |   |   |   |   |   |   |
|     None                    issues and outstanding                                     |   |   | - |   |   |   | - |   |
| Common                    Stock - Par value $0.0001;                                                       |   |   |   |   |   |   |   |   |
|     Authorized:                    100,000,000                                         |   |   |   |   |   |   |   |   |
|     Issued                    and Outstanding: 5,250,000                               |   |   | 525 |   |   |   | 525 |   |
| Additional                    Paid-In Capital                                                              |   |   | 425 |   |   |   | 425 |   |
| Accumulated                    Deficit                                                                     |   |   | (12,500 | ) |   |   | (11,800 | ) |
|                                                                                                       |   |   |   |   |   |   |   |   |
| Total                    Stockholders' Equity                                                              |   |   | (11,550 | ) |   |   | (10,850 | ) |
|                                                                                                       |   |   |   |   |   |   |   |   |
| **      TOTAL                    LIABILITIES                    AND EQUITY** |   | $ | - |   |   | $ | - |   |
|                                                                                                       |   |   |   |   |   |   |   |   |

----

| **SEGWAY                    IV CORP.**                                                               |   |
|------------------------------------------------------------------------------------------------------|--------|
| **(a                    development stage company)**                                                 |   |
| **STATEMENT                    OF OPERATIONS**                                                       |   |
| **(unaudited)**                                                                                      |   |
| **For                    the six and three months ending June 30, 2007 and                    2006** |   |
| **From                    inception (March 31,2000) through June 30, 2007**                          |   |
|                                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                                 |   | **6                    MONTHS** |   |   | **3                    MONTHS** |   |   | **6                    MONTHS** |   |   | **3                    MONTHS** |   |   |   |   |
|                                                                                                 |   | **ENDING** |   |   | **ENDING** |   |   | **ENDING** |   |   | **ENDING** |   |   | **FROM** |   |
|                                                                                                 |   | **6/30/2007** |   |   | **6/30/2007** |   |   | **6/30/2006** |   |   | **6/30/2006** |   |   | **INCEPTION** |   |
|                                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| **REVENUE**                                                                                          |   | $ | - |   |   | $ | - |   |   | $ | - |   |   | $ | - |   |   | $ | - |   |
|                                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| **COST                    OF SERVICES**                                                              |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |
|                                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| **GROSS                    PROFIT OR (LOSS)**                                                        |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |
|                                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| **GENERAL                    AND ADMINISTRATIVE EXPENSES**                                           |   |   | 700 |   |   |   | 350 |   |   |   | 700 |   |   |   | 350 |   |   |   | 12,500 |   |
|                                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| **NET                    INCOME (LOSS)**                                                             |   | $ | (700 | ) |   | $ | (350 | ) |   | $ | (700 | ) |   | $ | (350 | ) |   | $ | (12,500 | ) |
|                                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| **ACCUMULATED                    DEFICIT, BEGINNING BALANCE**                                        |   |   | (11,800 | ) |   |   |   |   |   |   | (10,500 | ) |   |   |   |   |   |   | - |   |
|                                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| **ACCUMULATED                    DEFICIT, ENDING BALANCE**                                           |   | $ | (12,500 | ) |   |   |   |   |   | $ | (11,200 | ) |   |   |   |   |   | $ | (12,500 | ) |
|                                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| **Earnings                    (loss) per share**                                                     |   | $ | (0.00 | ) |   |   |   |   |   | $ | (0.00 | ) |   |   |   |   |   |   |   |   |
|                                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| **Weighted                    average number of common shares**                                      |   |   | 5,250,000 |   |   |   |   |   |   |   | 5,250,000 |   |   |   |   |   |   |   |   |   |

----

| **SEGWAY                    IV CORP.**                                       |   |
|------------------------------------------------------------------------------|--------|
| **(a                    development stage company)**                         |   |
| **STATEMENT                    OF STOCKHOLDERS' EQUITY**                     |   |
| **(unaudited)**                                                              |   |
| **From                    inception (March 31, 2000) through June 30, 2007** |   |
|                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                         |   |   |   |   | **COMMON** |   |   | **ADDITIONAL** |   |   | **ACCUM.** |   |   | **TOTAL** |   |
|                                                                         |   | **SHARES** |   |   | **STOCK** |   |   | **PAID                    IN** |   |   | **DEFICIT** |   |   | **EQUITY** |   |
|                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Stock                    Issued for cash                                     |   |   | 5,250,000 |   |   | $ | 525 |   |   | $ | 225 |   |   | $ | - |   |   | $ | 750 |   |
|                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net                    Loss                                                  |   |   |   |   |   |   |   |   |   |   |   |   |   |   | (837 | ) |   |   | (837 | ) |
|                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total,                    December 31, 2000                                  |   |   | 5,250,000 |   |   |   | 525 |   |   |   | 225 |   |   |   | (837 | ) |   |   | (87 | ) |
|                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Contributed                    capital by shareholders                       |   |   |   |   |   |   |   |   |   |   | 124 |   |   |   |   |   |   |   | 124 |   |
|                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net                    Loss                                                  |   |   |   |   |   |   |   |   |   |   |   |   |   |   | (926 | ) |   |   | (926 | ) |
|                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total,                    December 31, 2001                                  |   |   | 5,250,000 |   |   |   | 525 |   |   |   | 349 |   |   |   | (1,763 | ) |   |   | (889 | ) |
|                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Contributed                    capital by shareholders                       |   |   |   |   |   |   |   |   |   |   | 76 |   |   |   |   |   |   |   | 76 |   |
|                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net                    Loss                                                  |   |   |   |   |   |   |   |   |   |   |   |   |   |   | (912 | ) |   |   | (912 | ) |
|                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total,                    December 31, 2002                                  |   |   | 5,250,000 |   |   |   | 525 |   |   |   | 425 |   |   |   | (2,675 | ) |   |   | (1,725 | ) |
|                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net                    Loss                                                  |   |   |   |   |   |   |   |   |   |   |   |   |   |   | (3,825 | ) |   |   | (3,825 | ) |
|                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total,                    December 31, 2003                                  |   |   | 5,250,000 |   |   |   | 525 |   |   |   | 425 |   |   |   | (6,500 | ) |   |   | (5,550 | ) |
|                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net                    Loss                                                  |   |   |   |   |   |   |   |   |   |   |   |   |   |   | (1,925 | ) |   |   | (1,925 | ) |
|                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total,                    December 31, 2004                                  |   |   | 5,250,000 |   |   |   | 525 |   |   |   | 425 |   |   |   | (8,425 | ) |   |   | (7,475 | ) |
|                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net                    Loss                                                  |   |   |   |   |   |   |   |   |   |   |   |   |   |   | (2,075 | ) |   |   | (2,075 | ) |
|                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total,                    December 31, 2005                                  |   |   | 5,250,000 |   |   |   | 525 |   |   |   | 425 |   |   |   | (10,500 | ) |   |   | (9,550 | ) |
|                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net                    Loss                                                  |   |   |   |   |   |   |   |   |   |   |   |   |   |   | (1,300 | ) |   |   | (1,300 | ) |
|                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total,                    December 31, 2006                                  |   |   | 5,250,000 |   |   |   | 525 |   |   |   | 425 |   |   |   | (11,800 | ) |   |   | (10,850 | ) |
|                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net                    Loss                                                  |   |   |   |   |   |   |   |   |   |   |   |   |   |   | (700 | ) |   |   | (700 | ) |
|                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total,                    June 30, 2007                                      |   |   | 5,250,000 |   |   | $ | 525 |   |   | $ | 425 |   |   | $ | (12,500 | ) |   | $ | (11,550 | ) |
|                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |

----

| **SEGWAY                    IV CORP.**                                                               |   |
|------------------------------------------------------------------------------------------------------|--------|
| **(a                    development stage company)**                                                 |   |
| **STATEMENTS                    OF CASH FLOWS**                                                      |   |
| **(unaudited)**                                                                                      |   |
| **For                    the six months ending June 30, 2007 and 2006,**                             |   |
| **from                    inception (March 31, 2000) through June 30, 2007**                         |   |
|                                                                                                 |   |   |   |   |   |   |   |   |   |
|                                                                                                 |   |   |   |   |   |   |   |   |   |
|                                                                                                 |   | **6                    MONTHS** |   |   | **6                    MONTHS** |   |   |   |   |
|                                                                                                 |   | **ENDING** |   |   | **ENDING** |   |   | **FROM** |   |
| **CASH                    FLOWS FROM OPERATING ACTIVITIES**                                          |   | **06/30/07** |   |   | **6/30/2006** |   |   | **INCEPTION** |   |
|                                                                                                 |   |   |   |   |   |   |   |   |   |
|     Net                    income (loss)                                         |   | $ | (700 | ) |   | $ | (700 | ) |   | $ | (12,500 | ) |
|                                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |
|     Increase                    (Decrease) in Accrued Expenses                   |   |   | 700 |   |   |   | 700 |   |   |   | 11,550 |   |
|                                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |
|     Net                    cash provided by (used in) operating activities       |   |   | - |   |   |   | - |   |   |   | (950 | ) |
|                                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |
| **CASH                    FLOWS FROM INVESTING ACTIVITIES**                                          |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |
|     None                                                                         |   |   | - |   |   |   | - |   |   |   | - |   |
|                                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |
|     Net                    cash flows provided by (used in) investing activities |   |   | - |   |   |   | - |   |   |   | - |   |
|                                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |
| **CASH                    FLOWS FROM FINANCING ACTIVITIES**                                          |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |
|     Proceeds                    from                    capital contributions    |   |   | - |   |   |   | - |   |   |   | 200 |   |
|     Proceeds                    from                    stock issuance           |   |   | - |   |   |   | - |   |   |   | 750 |   |
|                                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |
|     Net                    cash flows provided by (used in) financing activities |   |   | - |   |   |   | - |   |   |   | 950 |   |
|                                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |
| **CASH                    RECONCILIATION**                                                           |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |
|     Net                    increase (decrease) in cash                           |   |   | - |   |   |   | - |   |   |   | - |   |
|     Cash                    -                    beginning balance               |   |   | - |   |   |   | - |   |   |   | - |   |
|                                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |
| **CASH                    BALANCE - END OF PERIOD**                                                  |   | $ | - |   |   | $ | - |   |   | $ | - |   |
|                                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |

----

**SEGWAY        IV CORP.**

**(a        development stage business)**

**FOOTNOTES        TO THE FINANCIAL STATEMENTS**

**1.        Summary of significant accounting policies:**

----

**2.        Related Party Transactions and Going Concern**

**3.        Accounts Receivable and Customer Deposits**

**4.        Use of Estimates**

**5.        Revenue and Cost Recognition:**

**6.        Accrued Expenses**

**7.        Income Taxes:**

| 2020  |   | $      | 837    |   |
|-------|--------|--------|--------|--------|
| 2021  |   |   | 926    |   |
| 2022  |   |   | 912    |   |
| 2023  |   |   | 3,825  |   |
| 2024  |   |   | 1,925  |   |
| 2025  |   |   | 2,075  |   |
| 2026  |   |   | 1,300  |   |
| 2027  |   |   | 700    |   |
| Total |   | $      | 12,500 |   |

----

**8.        Operating Lease Agreements**

**9.        Stockholder’s Equity**

**10.        Required Cash Flow Disclosure for Interest and Taxes        Paid:**

**11.        Earnings Per Share**

----

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

**Item      3. Controls and Procedures**

*(a)           Evaluation      of disclosure controls and procedures.*

*(b)*
*Changes      in internal controls*

----

**PART      II - OTHER INFORMATION**

**SIGNATURES**

|                               | **SEGWAY                IV CORP.**               |
|------------------------------------|--------------------------------------------------|
|                               | Registrant                                       |
|                               |                                             |
| Date:                July 26, 2007 | By:                */S/ Donny Smith*             |
|                               | Donny                Smith                       |
|                               | President,                Secretary and Director |