UNITED STATES 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 September 30, 2006  [  ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934   Commission File No. 000-30529  WINGS & THINGS, INC. (Exact name of small business issuer as specified in its charter)  Nevada87-0464667(State of incorporation)(I.R.S. Employer Identification Number)   #149, 369 East 900 South, Salt Lake City, Utah  84111 (Address of principal executive offices)  (801) 323-2395 (Issuers telephone number)  Check whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the  Exchange Act during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.    Yes  [X]   No  [   ]  Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes  [X]   No [  ]  As of October 26, 2006 Wings & Things, Inc. had a total of 18,000,000 shares of common stock issued and outstanding.  Transitional small business disclosure format:  Yes [  ]  No [X]              1     TABLE OF CONTENTS  PART I: FINANCIAL INFORMATION  Item 1.  Financial Statements 2  Item 2. Managements Discussion and Analysis or Plan of Operation 7  Item 3. Controls and Procedures 7  PART II: OTHER INFORMATION  Item 6.  Exhibits 8  Signatures 8    PART I - FINANCIAL INFORMATION  ITEM 1.  FINANCIAL STATEMENTS  The financial information set forth below with respect to our statements of operations for the three and nine month periods ended September 30, 2006 and 2005 is unaudited.  This financial information, in the opinion of management, includes all adjustments consisting of normal recurring entries necessary for the fair presentation of such data.  The results of operations for the nine month period ended September 30, 2006, are not necessarily indicative of results to be expected for any subsequent period.      Wings & Things, Inc.  (A Development Stage Company)  Consolidated Financial Statements  September 30, 2006                 2     Wings & Things, Inc.(A Development Stage Company)Consolidated Balance SheetsASSETSSeptember 30December 3120062005(Unaudited)CURRENT ASSETSCash$            3,479$                    -Total Current Assets3,479-TOTAL ASSETS$            3,479$                    -LIABILITIES AND STOCKHOLDERS' EQUITYCURRENT LIABILITIESAccounts Payable - Related party$          54,900$           54,900Accounts Payable - other250-Accrued Expenses190-Loan Payable9,500-Total Current Liabilities64,84054,900Total Liabilities64,84054,900STOCKHOLDERS' EQUITYCommon Stock, $.001 par value; 20,000,000 sharesauthorized; 18,000,000 shares issued and outstanding18,00018,000Additional paid-in Capital9,0009,000Deficit Accumulated During the Development Stage(88,361)(81,900)Total Stockholders' Equity (deficit)(61,361)(54,900)TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY$            3,479$                    -  The accompanying notes are an integral part of these financial statements        3     Wings & Things, Inc.(A Development Stage Company)Consolidated Statements of Operations(Unaudited)For the three monthsFor the three monthsFor the nine monthsFor the nine monthsFrom Inception onended Sept. 30,ended Sept. 30,ended Sept. 30,ended Sept. 30,March 11, 19862006200520062005to Sept. 30, 2006REVENUES$                           -$                          -$                            -$                          -$                          -EXPENSESGeneral & Administrative1,898-6,271-88,171TOTAL EXPENSES1,898-6,271-88,171Net Operating Income (Loss)(1,898)-(6,271)-(88,171)OTHER INCOME (EXPENSE)Interest Expense(190)-(190)-(190)INCOME FROM CONTINUINGOPERATIONS ANDBEFORE TAXES(2,088)-(6,461)-(88,361)TAXES-----NET INCOME (LOSS)$                   (2,088)$                           -$                   (6,461)$                           -$              (88,361)NET LOSS PER SHARE$                             -$                           -$                             -$                           -$                 (0.01)WEIGHTED AVERAGE SHARESOUTSTANDING18,000,00018,000,00018,000,00018,000,00017,137,587  The accompanying notes are an integral part of these financial statements.           4     Wings & Things, Inc.(A Development Stage Company)Statement of Cash Flows(Unaudited)From Inception onFor the nine months endedMarch 11, 1986September 30,Through20062005September 30, 2006Cash Flows from Operating ActivitiesNet Loss$                    (6,461)$                      -$                    (88,361)Adjustments to reconcile net (loss) to cash provided(Used) by operating activities:Depreciation & Amortization--17,000Stock issued for services--10,000Changes in assets and liabilities:Increase in Accounts Payable & Accrued Expenses440-55,340Net Cash Provided (Used) by Operating Activities(6,021)-(6,021)Cash Flows from Investing Activities---Net Cash Provided (Used) by Investing Activities---Cash Flows from Financing ActivitiesProceeds from Note Payable9,500-9,500Net Cash Provided (Used) by Financing Activities9,500-9,500Increase (Decrease) in Cash3,479-3,479Cash and Cash Equivalents at Beginning of Period---Cash and Cash Equivalents at End of Period$                    3,479$                      -$                        3,479Supplemental Cash Flow Information:Stock issued for marketing rights$                            -$                      -$                      17,000Stock issued for services$                            -$                      -$                      10,000Cash Paid For:Interest$                            -$                      -$                                -Income Taxes$                            -$                      -$                                -  The accompanying notes are an integral part of these financial statements.  5    Wings & Things, Inc. (A Development Stage Company) Notes to the Financial Statements September 30, 2006   GENERAL  Wings & Things, Inc.  (the Company) has elected to omit substantially all footnotes to the financial statements for the nine months ended September 30, 2006 since there have been no material changes (other than indicated in other footnotes) to the information previously reported by the Company in their Annual Report  filed on the Form 10-KSB for the twelve months ended December 31, 2005.  UNAUDITED INFORMATION  The information furnished herein was taken from the books and records of the Company without audit.  However, such information reflects all adjustments which are, in the opinion of management, necessary to properly reflect the results of the interim period presented.  The information presented is not necessarily indicative of the results from operations expected for the full fiscal year.  NOTE PAYABLE  During the prior quarter the Company received a loan of $9,500 from an unrelated party.  On August 15, 2006 the terms of the loan were finalized which included an interest rate of 8% per annum and a maturity date of May 25, 2007.  The loan is unsecured. As of September 30, 2006 there was accrued interest on the loan of $190.            6    In this report references to Wings & Things, we, us, and our refer to Wings & Things, Inc.  SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS  The Securities and Exchange Commission (SEC) encourages companies to disclose forward-looking information so that investors can better understand future prospects and make informed investment decisions.  This report contains these types of statements.  Words such as may, will, expect, believe, anticipate, estimate, project, or continue or comparable terminology used in connection with any discussion of future operating results or financial performance identify forward-looking statements.  You are cautioned not to place undue reliance on the forward-looking statements, which speak only as of the date of this report.  All forward-looking statements reflect our present expectation of future events and are subject to a number of important factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements.  ITEM 2.  MANAGEMENTS DISCUSSION AND ANALYSIS OR PLAN OF OPERATION  During the next twelve months our management intends to actively seek an operating company to acquire or merge with which may provide operating revenue.  Based on current economic and regulatory conditions, management believes that it is possible, if not probable, for a company like ours, without many assets or liabilities, to negotiate a merger or acquisition with a viable private company.  The opportunity arises principally because of the high legal and accounting fees and the length of time associated with the process of going public.  However, should a merger or acquisition prove unsuccessful, it is possible that we may decide not to pursue further acquisition activities and management may abandon its activities and our shares would become worthless.  As of the date of this filing, we have not identified any assets or business opportunities for acquisition.  Potential investors must recognize that because of limited capital available for investigation of business opportunities and managements limited experience in business analysis, we may not discover or adequately evaluate adverse facts about any business opportunity to be acquired.  All risks inherent in new and inexperienced enterprises are inherent in our plan.  It is emphasized that our management may effect transactions having a potentially adverse impact upon our shareholders pursuant to the authority and discretion of our board of directors to complete acquisitions without submitting any proposal to the stockholders for their consideration.  As of September 30, 2006 we had $3,479 cash on hand and total current liabilities of $64,840.  The majority of our operating expenses are related to our reporting obligations under the Exchange Act.  These expenses include legal, accounting and professional services and costs required to prepare and file our reports with the SEC.  We are unable to pay cash for these services and will need to raise additional funds during the next twelve months.  Historically we have relied on related parties to pay for costs on our behalf; but in the 2006 second quarter we secured a loan of $9,500 from a third party.  We intend to use any cash to fund our operations for the short term, but will likely continue to rely on related parties to pay for costs on our behalf when we have insufficient cash.  We may repay our debt with cash, if available, or may convert the debt into common stock.   ITEM 3. CONTROLS AND PROCEDURES  We maintain disclosure controls and procedures that are designed to ensure that information required to be disclosed in our filings under the Exchange Act is recorded, processed, summarized and reported within the periods specified in the rules and forms of the SEC.  This information is accumulated and communicated to our executive officers to allow timely decisions regarding required disclosure.  Our President, who acts in the capacity of principal executive officer and principal financial officer, has evaluated the effectiveness of our disclosure controls and procedures as of the end of the period covered by this report.  Based on that evaluation, she concluded that our disclosure controls and procedures were effective.  7     Also, she determined that there were no changes made in our internal controls over financial reporting during the third quarter of 2006 that have materially affected, or are reasonably likely to materially affect our internal control over financial reporting.  PART II - OTHER INFORMATION  ITEM 6.  EXHIBITS  Part I Exhibits 31.1 Principal Executive Officer Certification 31.2 Principal Financial Officer Certification 32.1 Section 1350 Certification  Part II Exhibits 3.1 Articles of Incorporation , dated March 11, 1986 (Incorporated by reference to exhibit 2.1 of the Form 10-SB, File No. 000-30529, filed November 1, 2000) 3.2 Bylaws of Wings & Things, Inc. (Incorporated by reference to exhibit 2.3 of the Form 10-SB, File No. 000-30529, filed November 1, 2000)     SIGNATURES  In accordance with the requirements of the Exchange Act of 1934, the registrant duly caused this report to be signed on its behalf by the undersigned, who is duly authorized.   WINGS & THINGS, INC.    Date: November 8, 2006 By: /s/ Linda L. Perry Linda L. Perry President, Principal Executive Officer, Principal Financial Officer, and Director    8