**UNITED      STATES**

**SECURITIES      AND EXCHANGE COMMISSION**

**Washington,      D.C. 20549**

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**FORM          10-QSB**

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

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

**CAVALIER      HOLDINGS, INC.**

| **Delaware**                                                                                            |   |   | **20-8429161**                                                        |
|---------------------------------------------------------------------------------------------------------|--------|--------|-----------------------------------------------------------------------|
| (State                or Other Jurisdiction of Incorporation or                Organization)  |   |   | (IRS                Employer Identification                No.)  |

| **2808                East North Street, Ste 27****Greenville,                S. C.** | **29615**                 |
|---------------------------------------------------------------------------------------|---------------------------|
| (Address                of Principal Executive Offices)                               | (Zip                Code) |

**(864)      292-3208 **

| N/A                                                                                                              |
|------------------------------------------------------------------------------------------------------------------|
| (Former                Name, Former Address and Former Fiscal Year, if Changed Since Last                Report) |

**APPLICABLE      ONLY TO CORPORATE ISSUERS**

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| **INDEX**                              |   |                                                                                                                                                     | **Page** |
|---------------------------------------------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------|----------|
| FORWARD-LOOKING                  STATEMENTS | 3      |
|                                        |   |                                                                                                                                                     |     |
| PART                I                       | -      | FINANCIAL                INFORMATION                                                                                                                     | 4        |
|                                        |   |                                                                                                                                                     |     |
| ITEM                1                       | -      | Financial                Statements                                                                                                                      | 4        |
|                                        |   |                                                                                                                                                     |     |
|                                        |   | Balance                Sheet as of March 31, 2007 (unaudited)                                                                                            | 4        |
|                                        |   |                                                                                                                                                     |     |
|                                        |   | Statement                of Operations for the period February 7, 2007 (Inception)                to                March 31, 2007 (unaudited) | 5        |
|                                        |   |                                                                                                                                                     |     |
|                                        |   | Statement                of Cash Flows for the period February 7, 2007 (Inception)                to                March 31, 2007 (unaudited) | 6        |
|                                        |   |                                                                                                                                                     |     |
|                                        |   | Notes                to Unaudited Financial Statements                                                                                                   | 7        |
|                                        |   |                                                                                                                                                     |     |
| ITEM                2                       | -      | Management's                Discussion and Analysis or Plan of Operation                                                                                 | 8        |
|                                        |   |                                                                                                                                                     |     |
| ITEM                3                       | -      | Controls                and Procedures                                                                                                                   | 8        |
|                                        |   |                                                                                                                                                     |     |
| PART                II                      | -      | OTHER                INFORMATION                                                                                                                         | 8        |
|                                        |   |                                                                                                                                                     |     |
| ITEM                1                       | -      | Legal                Proceedings                                                                                                                         | 8        |
|                                        |   |                                                                                                                                                     |     |
| ITEM                2                       | -      | Unregistered                Sales of Equity Securities and Use of Proceeds                                                                               | 8        |
|                                        |   |                                                                                                                                                     |          |
| ITEM                3                       | -      | Defaults                Upon Senior Securities                                                                                                           | 8        |
|                                        |   |                                                                                                                                                     |     |
| ITEM                4                       | -      | Submission                of Matters to a Vote of Security Holders                                                                                       | 8        |
|                                        |   |                                                                                                                                                     |     |
| ITEM                5                       | -      | Other                Information                                                                                                                         | 8        |
|                                        |   |                                                                                                                                                     |     |
| ITEM                6                       | -      | Exhibits                                                                                                                                                 | 9        |
|                                        |   |                                                                                                                                                     |     |
| Signature                                   |   |                                                                                                                                                     | 10       |

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**Forward-Looking      Statements**

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**PART      I - FINANCIAL INFORMATION**

**Item      1. Financial Statements.**

| CAVALIER                  HOLDINGS, INC. |
|------------------------------------------|
|                 |
| Balance                  Sheet           |
| March                  31, 2007          |
| (unaudited)                              |

| ASSETS                                                                                                    |   |    |   |    |   |
|-----------------------------------------------------------------------------------------------------------|--------|--------------|--------|--------------|--------|
|                                                                                                      |   |    |   |    |   |
| Current                  Assets                                                                           |   |    |   |    |   |
| Cash                                                                                                 |   |         |   |         | $      | 100 |   |
|                                                                                                      |   |         |   |         |   |   |   |
|  Total                  Current Assets                                                               |   |         |   |         | $      | 100 |   |
|                                                                                                      |   |         |   |         |   |   |   |
|                                                                                                      |   |         |   |         |   |   |   |
| LIABILITIES                  AND STOCKHOLDER'S' DEFICIT                                                   |   |         |   |         |   |   |   |
| Current                  Liabilities                                                                      |   |         |   |         |   |   |   |
| Accrued                  Expenses                                                                    |   |         |   |         | $      | 4,009 |   |
|                                                                                                      |   |         |   |         |   |   |   |
|  Total                  Current Liabilities                                                          |   |         |   |         |   | 4,009 |   |
|                                                                                                      |   |         |   |         |   |   |   |
| Stockholder's                  Deficit                                                                    |   |         |   |         |   |   |   |
| Preferred                  stock, $.0001 par value; authorized: 10,000,000                  shares;  |   |         |   |         |   |   |   |
|  shares                  issued and outstanding: None                                                |   |         |   |         |   |   |   |
|                                                                                                      |   |         |   |         |   |   |   |
| Common                  stock, $.0001 par value; authorized: 50,000,000                  shares;     |   |         |   |         |   |   |   |
|  issued                  and outstanding: 4,000,000 shares                                           |   |         |   |         |   | 400 |   |
| Additional                  paid-in capital                                                          |   |         |   |         |   | 6,399 |   |
| Accumulated                  deficit                                                                 |   |         |   |         |   | (10,708 | ) |
|                                                                                                      |   |         |   |         |   |   |   |
|                                                                                                      |   |         |   |         |   |   |   |
|  Total                  Stockholder's Deficit                                                        |   |         |   |         |   | (3,909 | ) |
|                                                                                                      |   |         |   |         |   |   |   |
|  Total                  Liabilities and Stockholder's Deficit                                        |   |         |   |         | $      | 100 |   |

| See                  notes to unaudited financial                  statements |
|-------------------------------------------------------------------------------|

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|  CAVALIER                  HOLDINGS, INC.                                                        |
|-------------------------------------------------------------------------------------------------------|
|  Statement                  of Operations                                                        |
|  (unaudited)                                                                                     |
|  For                  the Period February 7, 2007 (Inception) to March 31,                  2007 |

| Revenues                                                                      |   | $      | -         |   |
|-------------------------------------------------------------------------------|--------|--------|-----------|--------|
|                                                                          |   |   |      |   |
| General                  and Administrative Expenses                          |   |   | (10,708   | )      |
|                                                                          |   |   |      |   |
| Net                  Loss                                                     |   | $      | (10,708   | )      |
|                                                                          |   |   |      |   |
| Basic                  and diluted net loss per share                         |   |   | *         |   |
|                                                                          |   |   |      |   |
| Basic                  and diluted weighted average common shares outstanding |   |   | 4,000,000 |   |
|                                                                          |   |   |      |   |
| *                  Less than $.01, per share                                  |   |   |      |   |

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| CAVALIER                    HOLDINGS, INC.                                                          |
|-----------------------------------------------------------------------------------------------------|
|                                                                                                |
| Statement                    of Cash Flows                                                          |
|  (unaudited)                                                                                   |
| For                    the Period February 7, 2007 (Inception) to March 31,                    2007 |

| Cash                    flow from operating activities                                                           |   |    |    |
|------------------------------------------------------------------------------------------------------------------|--------|--------------|---------|
| Net                    loss                                                                                      |   | $            | (10,708 | ) |
| Adjustments                    to reconcile net loss to net cash used in operating                    activities |   |         |    |   |
| Changes                    in assets and liabilities                                                             |   |         |    |   |
| Increase                    in accrued expenses                                                                  |   |         | 4,009   |   |
|                                                                                                             |   |         |    |   |
| Net                    cash used in operating activities                                                         |   |         | (6,699  | ) |
|                                                                                                             |   |         |    |   |
| Cash                    flow from financing activities                                                           |   |         |    |   |
| Proceeds                    from issuance of common stock                                                        |   |         | 5,299   |   |
| Capital                    contribution                                                                          |   |         | 1,500   |   |
|                                                                                                             |   |         |    |   |
| Net                    cash provided by financing activities                                                     |   |         | 6,799   |   |
|                                                                                                             |   |         |    |   |
| Net                    increase in cash and cash - end of period                                            |   | $            | 100     |   |

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**.**

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

**Item      3. Controls and Procedures.**

*Evaluation      of disclosure controls and procedures*

*Changes      in internal controls*

**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.**

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**Item      6. Exhibits.**

| **Exhibit** |                                                                                                                                                                                                                                                                                                                                                                                                                                      |
|-------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| **Number**  | **Description                  of Exhibit**                                                                                                                                                                                                                                                                                                                                                                                               |
| 3.1         | Certificate                  of Incorporation of Cavalier Holdings, Inc. (1)                                                                                                                                                                                                                                                                                                                                                              |
| 3.2         | Certificate                  of Amendment of Cavalier Holdings, Inc. (1)                                                                                                                                                                                                                                                                                                                                                                  |
| 3.3         | By-Laws                  of Cavalier Holdings, Inc. (1)                                                                                                                                                                                                                                                                                                                                                                                   |
| 31.1        | Rule                  13a-14(a)/15d-14(a) Certification of                  the Principal Executive Officer and Principal Financial Officer                  of                  Cavalier Holdings, Inc. 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 March 31, 2007.  |
| 32.1        | Certification                  of the Principal Executive Officer and Principal Financial Officer                  of                  Cavalier Holdings, Inc. pursuant to 18 U.S.C. Section 1350, as                  adopted                  pursuant to Section 906 of the Sarbanes Oxley Act of                  2002.                                                                                                               |

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**SIGNATURES**

|                   | **CAVALIER HOLDINGS, INC.**(Registrant)     |
|------------------------|---------------------------------------------|
|                   |                                        |
| Dated: August 16, 2007 | By:              /s/ Leo Mentzelopoulos     |
|                   | Leo                Mentzelopoulos President |

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