**UNITED          STATES **

**SECURITIES          AND EXCHANGE COMMISSION**

**Form          10-QSB**

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

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

*Commission          File Number 000-52527*

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**MAP          VII Acquisition, Inc.**

| Delaware                                                      |   | 43-2114550                               |
|--------------------------------------------------------------------|--------|-----------------------------------------------|
| (State                    or other jurisdiction of       |   | (I.R.S.                    Employer      |
| incorporation                    or organization)             |   | Identification                    No.)   |
|                                                               |   |                                          |
| c/o                    Lawrence E. Koehler                         |   |                                          |
| 1372                    Shermer Road                          |   |                                          |
| Northbrook,                    IL                             |   | 60062                                         |
| (Address                    of principal executive offices)   |   | (zip                    code)            |

| Issuer’s                    telephone number, including area code:(847)                    509-3711 |
|-----------------------------------------------------------------------------------------------------------|

**APPLICABLE          ONLY TO CORPORATE ISSUERS**

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**MAP      VII ACQUISITION, INC.**

**(A      Development Stage Company)**

**-      INDEX -**

|                                                                                                                                                                                                                                                                                                                     |   | Page   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|
| **PART              I - FINANCIAL INFORMATION**                                                                                                                                                                                                                                                                          |   |   |
|                                                                                                                                                                                                                                                                                                                     |   |   |
| ITEM                1. UNAUDITED CONDENSED FINANCIAL STATEMENTS                                                                                                                                                                                                                                                     |   | 3      |
|                                                                                                                                                                                                                                                                                                                     |   |   |
| Condensed                Balance Sheet as of September 30, 2007 (Unaudited)                                                                                                                                                                                                                                              |   | 3      |
|                                                                                                                                                                                                                                                                                                                     |   |   |
| Condensed                Statements of Operations for the Three Months Ended September 30,                2007,                for the Nine Months                Ended September 30, 2007 and for the period from November 22, 2006                (Date                of Inception) to September 30, 2007 (Unaudited) |   | 4      |
|                                                                                                                                                                                                                                                                                                                     |   |   |
| Condensed                Statements of Cash Flows for the Nine Months Ended September 30,                2007 and                for the period from November 22, 2006 (Date of Inception) to September                30,                2007 (Unaudited)                                                               |   | 5      |
|                                                                                                                                                                                                                                                                                                                     |   |   |
| NOTES                TO CONDENSED FINANCIAL STATEMENTS                                                                                                                                                                                                                                                                   |   | 6      |
|                                                                                                                                                                                                                                                                                                                     |   |   |
| ITEM                2. MANAGEMENT’S DISCUSSION AND ANALYSIS OR PLAN OF                OPERATION                                                                                                                                                                                                                    |   | 8      |
|                                                                                                                                                                                                                                                                                                                     |   |   |
| ITEM                3. CONTROLS AND PROCEDURES                                                                                                                                                                                                                                                                           |   | 8      |
|                                                                                                                                                                                                                                                                                                                     |   |   |
| **PART                II - OTHER INFORMATION**                                                                                                                                                                                                                                                                           |   |   |
|                                                                                                                                                                                                                                                                                                                     |   |   |
| ITEM                1. LEGAL PROCEEDINGS                                                                                                                                                                                                                                                                                 |   | 9      |
| ITEM                2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE                OF PROCEEDS                                                                                                                                                                                                                        |   |   |
| ITEM                3. DEFAULTS UPON SENIOR SECURITIES                                                                                                                                                                                                                                                                   |   | 9      |
| ITEM                4. SUBMISSION OF MATTER TO A VOTE OF SECURITY HOLDERS                                                                                                                                                                                                                                                |   | 9      |
| ITEM                5. OTHER INFORMATION                                                                                                                                                                                                                                                                                 |   | 9      |
| ITEM                6. EXHIBITS                                                                                                                                                                                                                                                                                          |   | 9      |
|                                                                                                                                                                                                                                                                                                                     |   |   |
| SIGNATURES                                                                                                                                                                                                                                                                                                               |   | 10     |

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**PART        I - FINANCIAL INFORMATION**

**ITEM        1. FINANCIAL STATEMENTS.**

| ASSETS                                                                                                                                            |   |   |    |
|---------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|---------|
|                                                                                                                                              |   |   |    |
| Current                  Assets                                                                                                                   |   |   |    |   |
| Cash                  (TOTAL ASSETS)                                                                                                              |   | $      | 4,097   |   |
|                                                                                                                                              |   |   |    |   |
| LIABILITIES                  AND STOCKHOLDERS' DEFICIENCY                                                                                         |   |   |    |   |
|                                                                                                                                              |   |   |    |   |
| Current                  Liabilities                                                                                                              |   |   |    |   |
| Loans                  from Shareholders                                                                                                          |   | $      | 14,263  |   |
| Accounts                  payable and accrued expenses                                                                                            |   |   | 4,174   |   |
| TOTAL                  CURRENT LIABILITIES                                                                                                        |   |   | 18,437  |   |
|                                                                                                                                              |   |   |    |   |
| STOCKHOLDERS'                  DEFICIENCY                                                                                                         |   |   |    |   |
| Preferred                  stock, $.0001 par value; 10,000,000 shares authorized, none issued                  and                  outstanding   |   |   | -       |   |
| Common                  stock, $.0001 par value; 75,000,000 shares authorized, 2,500,000                  issued                  and outstanding |   |   | 250     |   |
| Additional                  paid-in capital                                                                                                       |   |   | -       |   |
| Deficit                  accumulated during the development stage                                                                                 |   |   | (14,590 | ) |
|                                                                                                                                              |   |   |    |   |
| TOTAL                  STOCKHOLDERS' DEFICIENCY                                                                                                   |   |   | (14,340 | ) |
|                                                                                                                                              |   |   |    |   |
| TOTAL                  LIABILITIES AND STOCKHOLDERS' DEFICIENCY                                                                                   |   | $      | 4,097   |   |

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|                                                      |   |                          |      |                         |   | For                  the period from  |   |
|-----------------------------------------------------------|--------|-------------------------------|-----------|------------------------------|--------|---------------------------------------|--------|
|                                                      |   | Three                  Months |      | Nine                  Months |   | November                  22, 2006    |   |
|                                                      |   | Ended                         |      | Ended                        |   | (Date of Inception) to |   |
|                                                      |   | September 30, 2007  |      | September 30, 2007 |   | September                  30, 2007   |   |
| Expenses                                                  |   |                          |      |                         |   |                                  |   |
| Professional                  fees                        |   | $                             | 1,400     |                         | $      | 9,800                                 |   | $ | 12,300 |   |
| Formation                  and other costs                |   |                          | 274       |                         |   | 1,678                                 |   |   | 2,290 |   |
| Total                  Expenses                           |   |                          | 1,674     |                         |   | 11,478                                |   |   | 14,590 |   |
| Other                  Income                             |   |                          |      |                         |   |                                  |   |   |   |   |
| Interest                  Income                          |   |                          | -         |                         |   | -                                     |   |   | - |   |
|                                                      |   |                          |      |                         |   |                                  |   |   |   |   |
| NET                  LOSS                                 |   | $                             | (1,674    | )                            | $      | (11,478                               | )      | $ | (14,590 | ) |
|                                                      |   |                          |      |                         |   |                                  |   |   |   |   |
| Weighted                  average number of common shares |   |                          | 2,500,000 |                         |   | 2,500,000                             |   |   | 2,500,000 |   |
| Net                  loss per common share:               |   |                          |      |                         |   |                                  |   |   |   |   |
| Basic                  and Diluted                        |   | $                             | (0.00     | )                            | $      | (0.00                                 | )      | $ | (0.01 | ) |

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|                                                                          |   |                         |    | For                  the period from  |   |
|-------------------------------------------------------------------------------|--------|------------------------------|---------|---------------------------------------|--------|
|                                                                          |   | Nine                  Months |    | November                  22, 2006    |   |
|                                                                          |   | Ended                        |    | (Date of Inception) to |   |
|                                                                          |   | September 30, 2007 |    | September                  30, 2007   |   |
|                                                                          |   |                         |    |                                  |   |
| CASH                  FLOWS FROM OPERATING ACTIVITIES                         |   |                         |    |                                  |   |
| Net                  loss                                                     |   | $                            | (11,478 | )                                     | $      | (14,590 | ) |
| Changes                  in operating liabilities                             |   |                         |    |                                  |   |   |   |
| (Decrease)                  increase in accounts payable and accrued expenses |   |                         | 1,674   |                                  |   | 4,174 |   |
| NET                  CASH USED IN OPERATING ACTIVITIES                        |   |                         | (9,804  | )                                     |   | (10,416 | ) |
|                                                                          |   |                         |    |                                  |   |   |   |
| CASH                  FLOWS FROM FINANCING ACTIVITIES                         |   |                         |    |                                  |   |   |   |
| Contributed                  capital                                          |   |                         | -       |                                  |   | 250 |   |
| Proceeds                  from stockholder loan                               |   |                         | 13,000  |                                  |   | 14,263 |   |
| NET                  CASH PROVIDED BY FINANCING ACTIVITIES                    |   |                         | 13,000  |                                  |   | 14,513 |   |
|                                                                          |   |                         |    |                                  |   |   |   |
| NET                  (DECREASE) INCREASE IN CASH                              |   |                         | 3,196   |                                  |   | 4,097 |   |
|                                                                          |   |                         |    |                                  |   |   |   |
| CASH                  AT BEGINNING OF PERIOD                                  |   |                         | 901     |                                  |   | - |   |
| CASH                  AT END OF PERIOD                                        |   | $                            | 4,097   |                                  | $      | 4,097 |   |

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**MAP      VII Acquisition, Inc.**

**(A      Development Stage Company)**

**NOTES      TO CONDENSED FINANCIAL STATEMENTS**

**(Unaudited)**

**NOTE      1 – Organization, Business and Operations**

**Company**

**NOTE      2 – Basis of Presentation**

**NOTE      3 – Summary of Significant Accounting Policies**

**Use      of Estimates**

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**Development      Stage Company**

**Cash      and Cash Equivalents**

**Earnings      Per Share**

**NOTE      4 - Loan from Stockholder**

**NOTE      5 – New Accounting Standards**

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**ITEM      2. MANAGEMENT’S DISCUSSION AND ANALYSIS OR PLAN OF      OPERATION.**

**Introductory      Comment - Forward-Looking Statements.**

**Plan      of Operation. **

**Results      of Operations.**

**ITEM      3. CONTROLS AND PROCEDURES.**

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**PART      II - OTHER INFORMATION**

**ITEM      1. LEGAL PROCEEDINGS. **

**ITEM      2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS.**

**ITEM      3. DEFAULTS UPON SENIOR SECURITIES. **

**ITEM      4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS. **

**ITEM      5. OTHER INFORMATION. **

**ITEM      6. EXHIBITS.**

| Exhibit |   | Description                                                                                                                                                                                                                                                                                                      |
|---------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|    |   |                                                                                                                                                                                                                                                                                                             |
| *3.1    |   | Certificate                  of Incorporation.                                                                                                                                                                                                                                                                   |
|    |   |                                                                                                                                                                                                                                                                                                             |
| *3.2    |   | By-laws.                                                                                                                                                                                                                                                                                                         |
|    |   |                                                                                                                                                                                                                                                                                                             |
| 31.1    |   | Certification                  of the Company’s Principal Executive Officer pursuant to Section 302 of                  the Sarbanes-Oxley Act of 2002, with respect to the registrant’s Quarterly                  Report on Form 10-QSB for the quarter ended September 30,                  2007. |
|    |   |                                                                                                                                                                                                                                                                                                             |
| 31.2    |   | Certification                  of the Company’s Principal Financial Officer pursuant to Section 302 of                  the Sarbanes-Oxley Act of 2002, with respect to the registrant’s Quarterly                  Report on Form 10-QSB for the quarter ended September 30,                  2007. |
|    |   |                                                                                                                                                                                                                                                                                                             |
| 32.1    |   | Certification                  of the Company’s Principal Executive Officer pursuant to 18 U.S.C. Section                  1350, as adopted pursuant to Section 906 of the Sarbanes Oxley                  Act of                  2002.                                                                   |
|    |   |                                                                                                                                                                                                                                                                                                             |
| 32.2    |   | Certification                  of the Company’s Principal Financial Officer 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 to the Company's Registration Statement on Form 10-SB,                  as                  filed with the Securities and Exchange Commission on March 26,                  2007, and                  incorporated herein by                  reference.                   |

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**SIGNATURES**

|                                   | **MAP                VII ACQUISITION, INC.** |
|----------------------------------------|----------------------------------------------|
|                                   |                                         |   |
| Date:                November 13, 2007 | By:                                | /s/                I. Steven Edelson |
|                                   |                                         | I.                Steven Edelson |
|                                   |                                         | Chairman |
|                                   |                                         | (Principal              Executive Officer) |

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