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

**Form      10-QSB**

| x | QUARTERLY                REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF                1934                 For                the quarterly period ended: June 30,                2007 |
|---|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| o | TRANSITION                REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF                1934                 For                the transition period from __________ to                _________ |
|---|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

*Commission      File Number 000-52524*

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**MAP      V Acquisition, Inc.**

| Delaware                                                       | 43-2114545                                |
|----------------------------------------------------------------|-------------------------------------------|
| (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      V ACQUISITION, INC.**

**(A      Development Stage Company)**

**-      INDEX -**

|                                                                                                                                                                                                                                                                                                                           |   | Page   |   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|--------|
| **PART                I - FINANCIAL INFORMATION**                                                                                                                                                                                                                                                                              |   |   |   |
|                                                                                                                                                                                                                                                                                                                           |   |   |   |
| ITEM                1. UNAUDITED CONDENSED FINANCIAL STATEMENTS                                                                                                                                                                                                                                                                |   |   |   |
|                                                                                                                                                                                                                                                                                                                           |   |   |   |
| Condensed                Balance Sheet as of June 30, 2007 (Unaudited)                                                                                                                                                                                                                                                         |   |   | 3      |   |
|                                                                                                                                                                                                                                                                                                                           |   |   |        |   |
| Condensed                Statements of Operations for the Three Months Ended June 30, 2007,                for the                Six Months                Ended June 30, 2007, for the period from November 22, 2006 (Date                of                Inception) to  June                30, 2007(Unaudited) |   |   | 4      |   |
|                                                                                                                                                                                                                                                                                                                           |   |   |        |   |
| Condensed                Statements of Cash Flows for the Six Months Ended June 30, 2007 and                for                the period  From                November 22, 2006 (Date of Inception) to June 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                                                                                                                                                                                                                         |   |   | 9      |   |
| 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.**

| MAP                V Acquisition, Inc.       |
|----------------------------------------------|
| (A                Development Stage Company) |
| CONDENSED                BALANCE SHEET       |
| June                30, 2007                 |
| (Unaudited)                                  |

| ASSETS                                                             |   |
|--------------------------------------------------------------------|--------|
|                                                               |   |   |   |
| Current                Assets                                      |   |   |   |
| Cash                (TOTAL ASSETS)                                 |   | $ | 92 |   |
|                                                               |   |   |   |   |
| LIABILITIES                AND STOCKHOLDERS' DEFICIENCY            |
|                                                               |   |   |   |   |
| Current                Liabilities                                 |   |   |   |   |
| Loans                from Shareholders                             |   | $ | 10,263 |   |
| Accounts                payable and accrued expenses               |   |   | 2,500 |   |
| TOTAL                CURRENT LIABILITIES                           |   |   | 12,763 |   |
|                                                               |   |   |   |   |
|                                                               |   |   |   |   |
|                                                               |   |   |   |   |
| 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    |   |   | (12,921 | ) |
|                                                               |   |   |   |   |
|  TOTAL                STOCKHOLDERS' DEFICIENCY                |   |   | (12,671 | ) |
|                                                               |   |   |   |   |
| TOTAL                LIABILITIES AND STOCKHOLDERS' DEFICIENCY      |   | $ | 92 |   |

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| MAP                V Acquisition, Inc.       |
|----------------------------------------------|
| (A                Development Stage Company) |
| STATEMENTS                OF OPERATIONS      |
| (Unaudited)                                  |

|                                                    |   | Three                Months Ending June 30, 2007 |      | Six                Months Ended June 30, 2007 |   |  For                the period from November 22, 2006 (Date of Inception) to June 30,                2007 |   |
|---------------------------------------------------------|--------|--------------------------------------------------|-----------|-----------------------------------------------|--------|----------------------------------------------------------------------------------------------------------------|--------|
| Expenses                                                |   |                                             |      |                                          |   |                                                                                                      |   |
| Professional                fees                        |   | $                                                | 5,900     |                                          | $      | 8,400                                                                                                          |   | $ | 10,900 |   |
| Formation                and other costs                |   |                                             | 1,349     |                                          |   | 1,409                                                                                                          |   |   | 2,021 |   |
| Total                Expenses                           |   |                                             | 7,249     |                                          |   | 9,809                                                                                                          |   |   | 12,921 |   |
| Other                Income                             |   |                                             |      |                                          |   |                                                                                                           |   |   |   |   |
| Interest                Income                          |   |                                             | -         |                                          |   | -                                                                                                              |   |   | - |   |
|                                                    |   |                                             |      |                                          |   |                                                                                                           |   |   |   |   |
| NET                LOSS                                 |   | $                                                | (7,249    | )                                             | $      | (9,809                                                                                                         | )      | $ | (12,921 | ) |
|                                                    |   |                                             |      |                                          |   |                                                                                                           |   |   |   |   |
| 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 | ) |

| The                accompanying notes are an integral part of these condensed financial                statements. |
|--------------------------------------------------------------------------------------------------------------------|

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| MAP                V Acquisition, Inc.            |
|---------------------------------------------------|
| (A                Development Stage Company)      |
| CONDENSED                STATEMENTS OF CASH FLOWS |
| (Unaudited)                                       |

|                                                                        |   | Six                Months Ended June 30, 2007 |   | For                the period from November 22, 2006 (Date of Inception) to June 30,                2007 |   |
|-----------------------------------------------------------------------------|--------|-----------------------------------------------|--------|----------------------------------------------------------------------------------------------------------|--------|
|                                                                        |   |                                          |   |                                                                                                     |   |
| CASH                FLOWS FROM OPERATING ACTIVITIES                         |   |                                          |   |                                                                                                     |   |
| Net                loss                                                     |   | $                                             | (9,809 | )                                                                                                        | $      | (12,921 | ) |
| Changes                in operating liabilities                             |   |                                          |   |                                                                                                     |   |   |   |
| (Decrease)                increase in accounts payable and accrued expenses |   |                                          | -      |                                                                                                     |   | 2,500 |   |
| NET                CASH USED IN OPERATING ACTIVITIES                        |   |                                          | (9,809 | )                                                                                                        |   | (10,421 | ) |
|                                                                        |   |                                          |   |                                                                                                     |   |   |   |
| CASH                FLOWS FROM FINANCING ACTIVITIES                         |   |                                          |   |                                                                                                     |   |   |   |
| Contributed                capital                                          |   |                                          | -      |                                                                                                     |   | 250 |   |
| Proceeds                from stockholder loan                               |   |                                          | 9,000  |                                                                                                     |   | 10,263 |   |
| NET                CASH PROVIDED BY FINANCING ACTIVITIES                    |   |                                          | 9,000  |                                                                                                     |   | 10,513 |   |
|                                                                        |   |                                          |   |                                                                                                     |   |   |   |
| NET                (DECREASE) INCREASE IN CASH                              |   |                                          | (809   | )                                                                                                        |   | 92 |   |
|                                                                        |   |                                          |   |                                                                                                     |   |   |   |
| CASH                AT BEGINNING OF PERIOD                                  |   |                                          | 901    |                                                                                                     |   | - |   |
| CASH                AT END OF PERIOD                                        |   | $                                             | 92     |                                                                                                     | $      | 92 |   |

| The                accompanying notes are an integral part of these condensed financial                statements. |
|--------------------------------------------------------------------------------------------------------------------|

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**MAP      V 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 June 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 June 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                V ACQUISITION, INC.**           |
|                            |                                            |                            |
| Date:                August 13, 2007 | By:                                        | /s/                I. Steven Edelson |
|                                 | I.                Steven Edelson                     |
|                                 | Chairman(Principal                Executive Officer) |

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