# 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
March 31, 2007

# [  ] TRANSITION REPORT
PURSUANT TO SECTION 13 OR 15(d) OF                                             THE
SECURITIES EXCHANGE ACT

Commission file number:
000-52558

|DISABOOM, INC.                                                   
|-----------------------------------------------------------------
|(Exact name of small business issuer as specified in its charter)
|                                                                 

|                                                                     |                                  
|-------------------------------------------------------------------- | ---------------------------------
|Colorado                                                             | 20-5973352                       
|(State or other jurisdiction      
of incorporation or organization) | (IRS Employer Identification No.)

10475 Park Meadows
Drive, Suite 600 Lone Tree, CO 80124
(Address of principal executive offices)

Issuer's telephone
number, including area code: (720) 279-2500

Check whether the issuer (1) filed
all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the past 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 [  ]   No  [ X ]

Indicate by check mark whether the
 registrant is a shell  company (as defined in Rule 12b-2 of the Exchange  Act). Yes
 [   ]    No  [X]

There were 27,546,000shares
of the issuers common stock, par value $0.0001, outstanding as of May 10, 2007.

Transitional Small Business
Disclosure Format (Check one):  Yes  [   ]    No  [X]

---



DISABOOM INC.
(A DEVELOPMENT STAGE COMPANY)

# QUARTERLY REPORT ON
FORM 10-QSB                                    FOR THE QUARTERLY PERIOD ENDED MARCH 31,
2007

# INDEX TO FINANCIAL
STATEMENTS

|                                                                              | PAGE | 
|----------------------------------------------------------------------------- | ---- | 
|Financial Statements (unaudited):                                             |      | 
|                                                                              |      | 
|Balance Sheet as of March 31, 2007                                            |      | 
|                                                                              |      | 
|                                                                              |      | 
|Statements of Operations for the three-month period ended                     |      | 
|March 31, 2007, and for the period from inception (September 5, 2006) through |      | 
|March 31, 2007                                                                |      | 
|                                                                              |      | 
|Statements of Cash Flow for the three-month period ended                      |      | 
|March 31, 2007, and for the period from inception (September 5, 2006) through |      | 
|March 31, 2007                                                                |      | 
|                                                                              |      | 
|Notes to Financial Statements                                                 |      | 

---



# DISABOOM, INC.
               (A DEVELOPMENT STAGE COMPANY)

# BALANCE SHEET

MARCH 31, 2007
(Unaudited)

|                                                     | 
|---------------------------------------------------- | 
|ASSETS                                               | 
|Current assets:                                      | 
|Cash                                                 | 
|                                                     | 
|Total assets                                         | 
|                                                     | 
|LIABILITIES AND SHAREHOLDERS' EQUITY                 | 
|Liabilities:                                         | 
|Accounts payable                                     | 
|                                                     | 
|Total liabilities (all current)                      | 
|                                                     | 
|Shareholders' equity  (Note 5):                      | 
|Preferred stock, $0.0001 par value; authorized       | 
|10,000,000 shares; none issued and outstanding       | 
|Common stock, $0.0001 par value; authorized          | 
|50,000,000 shares; 27,046,000 issued and outstanding | 
|Common stock to be issued, 500,000 shares            | 
|Additional paid-in capital                           | 
|Deficit accumulated during the development stage     | 
|                                                     | 
|Total shareholders' equity                           | 
|                                                     | 
|Total liabilities and shareholders' equity           | 
|                                                     | 

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

2

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# DISABOOM, INC.
              (A DEVELOPMENT STAGE COMPANY)

# STATEMENTS OF
OPERATIONS

|                                               | Three months ended March 31, 2007 |  | September 5, 2006 (inception) to March 31, 2007 |           
|---------------------------------------------- | --------------------------------- |  | ----------------------------------------------- | ----------
|
|Expenses:                                      |                                   |  |                                                 |           
|General and administrative                     |                                   |  | $                                               | (337,717  
|                                               |                                   |  |                                                 |           
|                                               |                                   | 
|Other income:                                  |                                   | 
|Interest income                                |                                   |  |                                                 | 9,650     
|                                               |                                   |  |                                                 |           
|Net loss                                       |                                   |  | $                                               | (328,067  
|                                               |                                   |  |                                                 |           
|Net loss per share, basic and diluted (Note 2) |                                   |  | $                                               | (0.01     
|                                               |                                   |  |                                                
|Weighted average number of common shares       |                                   | 
|outstanding (Note 2)                           |                                   |  |                                                 | 22,666,800
|                                               |                                   |  |                                                

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

3

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# DISABOOM, INC.
                                         (A DEVELOPMENT STAGE COMPANY)

# STATEMENTS OF CASH
FLOWS

|                                                             | Three months ended March 31, 2007 |  | September 5, 2006 (inception) to March 31, 2007 |          
|------------------------------------------------------------ | --------------------------------- |  | ----------------------------------------------- | ---------
|
|Cash flows from operating activities:                        |                                   |  |                                                 |          
|Net loss                                                     |                                   |  | $                                               | (328,067 
|                                                             |                                   |  |                                                 |          
|Adjustments to reconcile net loss to cash                    |                                   | 
|used in operating activities:                                |                                   | 
|Stock-based compensation expense                             |                                   |  |                                                 | 19,799   
|Increase (decrease) in assets and liabilities:               |                                   | 
|Accounts payable                                             |                                   |  |                                                 | 86,142   
|Advances, related party                                      |                                   |  |                                                 | 33,929   
|                                                             |                                   |  |                                                 |          
|Total adjustments                                            |                                   |  |                                                 | 139,870  
|                                                             |                                   |  |                                                 |          
|Net cash used in operating activities                        |                                   |  |                                                 | (188,197 
|                                                             |                                   |  |                                                 |          
|Cash flows from financing activities:                        |                                   | 
|Proceeds from issuance of common stock                       |                                   |  |                                                 | 2,848,000
|Proceeds from common stock to be issued                      |                                   |  |                                                 | 250,000  
|Proceeds applied to receivable from issuance of common stock |                                   |  |                                                 | 2,125    
|                                                             |                                   |  |                                                 |          
|Net cash provided by financing activities                    |                                   |  |                                                 | 3,100,125
|                                                             |                                   |  |                                                 |          
|Increase in cash and ending cash                             |                                   |  | $                                               | 2,911,928
|                                                             |                                   |  |                                                 |          
|Supplemental disclosure of non-cash investing and financing  |                                   | 
|activities:                                                  |                                   | 
|Conversion of related party advances to common stock         |                                   |  | $                                               | 50,000   
|                                                             |                                   |  |                                                 |          

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

4

---



# DISABOOM, INC.

# (A DEVELOPMENT STAGE
COMPANY)

# NOTES TO FINANCIAL
STATEMENTS

Three months ended
March 31, 2007(Unaudited)

|1. | Organization
and basis of presentation:
|-- | ---------------------------------------

| | Disaboom,
Inc. (the Company) was incorporated in the State of Colorado on September 5,
2006 with the primary purpose of developing the first interactive online community
dedicated to constantly improving the way Americans with disabilities or functional
limitations live their lives. It will also serve as a comprehensive online resource not
only for people living with such conditions, but their immediate families and friends,
caregivers, recreation and rehabilitation providers, and employers. The Company expects
to launch a beta version of the website in August 2007, and launch the initial
operational version of the website in September 2007. The primary activities of the
Company through March 31, 2007 have been organizational in nature, including the
development of the website, building a management team, and the offering of common shares
in a private placement. The Companys headquarters are located in the metropolitan
area of Denver, Colorado.
| | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | The
foregoing unaudited interim financial statements have been prepared in accordance with
 accounting principles generally accepted in the United States  for interim financial information and with the
instructions to Form 10-QSB and Regulation S-B as promulgated by the Securities and
Exchange Commission (SEC). Accordingly, these financial statements do not
include all of the disclosures required by generally accepted accounting principles in
the United States of America for complete financial statements. These unaudited interim
financial statements should be read in conjunction with the audited financial statements
for the year ended December 31, 2006 included in a registration statement on Form SB-2. In the opinion of management, the unaudited interim
financial statements furnished herein include all adjustments, all of which are of a
normal recurring nature, necessary for a fair statement of the results for the interim
period presented. Interim results are not necessarily indicative of results for a full
year or any future period.
| | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|2. | Summary
of significant accounting policies:
|-- | -------------------------------------------

| | Development
stage company:
| | --------------------------

| | The
Company complies with Statement of Financial Accounting Standard (SFAS) No. 7
for its characterization of the Company as development stage. Furthermore, the Company
has adopted Statement of Position (SOP) 98-5, Reporting on the Costs of
Start-Up Activities, which provides guidance on the financial reporting of start-up
costs and organizational costs, to be expensed as incurred.
| | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | Use
of estimates in financial statement preparation:
| | ----------------------------------------------------

| | The
preparation of financial statements in conformity with accounting principles generally
accepted in the  United States of America requires management to make estimates and
assumptions that affect the reported amounts of assets and liabilities and disclosure of
contingent assets and liabilities at the date of the financial statements, and the
reported amounts of revenues and expenses during the reporting periods. Actual results
could differ from these estimates.
| | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

5

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| | Website
development costs:
| | --------------------------

| | The
Company has adopted the provisions of Financial Accounting Standards Board (FASB)
Emerging Issues Task   Force (EITF) 00-2, Accounting for Web Site
Development Costs, which specifies the appropriate accounting for costs incurred in
connection with the development and maintenance of web sites. Under EITF 00-2, costs
related to certain web site development activities are expensed as incurred (such as
planning and operating stage activities). Costs relating to certain website application
and infrastructure development are generally capitalized, and are amortized over their
estimated useful life. In January 2007, the Company entered into an agreement for website
development. For the three months ended March 31, 2007 and the period from September 5,
2006 (inception) to March 31, 2007, website development costs of approximately $136,250 and $146,250, respectively,
were expensed.
| | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | Stock
based compensation:
| | -------------------------

| | The
Company accounts for stock options and similar equity instruments in accordance with SFAS
No. 123(R), Share-Based Payment. SFAS 123(R) requires the recognition of the
cost of employee services received in exchange for an award of equity instruments in the
financial statements and is measured based on the grant date fair value of the award.
SFAS 123(R) also requires the stock option compensation expense to be recognized over the
period during which an employee is required to provide service in exchange for the award
(usually the vesting period).
| | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | The
Board of Directors has adopted the 2006 Stock Option Plan (the 2006 Plan).  The
2006 Plan authorizes the Board of Directors to grant stock bonuses or stock options to
purchase shares of the Companys common stock to employees, officers, directors and
consultants. Options granted under the 2006 Plan may be either incentive stock options or
non-qualified stock options. The aggregate number of shares of common stock as to which
options and bonuses may be granted under the 2006 Plan cannot exceed 4,000,000.
| | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | For
the three months ended March 31, 2007 the Company granted 862,500 stock options to
employees at an exercise price of $.50 per share. The fair value of stock options at the
date of grant was $192,876. The Company used the following assumptions to determine the
fair value of stock option grants during the three months ended March 31, 2007:
| | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|                        | 
|----------------------- | 
|Expected term           | 
|Volatility              | 
|Risk-free interest rate | 
|Dividend yield          | 

| | The
expected term of stock options represents the period of time that the stock options
granted are expected to be outstanding and was calculated as the average of the term of
the options and the vesting period. The expected volatility is based on the historical
price volatility of the common stock of other companies that provide similar services.
The risk-free interest rate represents the U.S. Treasury bill rate for the expected life
of the related stock options. The dividend yield represents our anticipated cash dividend
over the expected life of the stock options.
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

6

---



A
summary of stock option activity for the three months ended March 31, 2007 is presented
below:

|                               | Shares
Under
Option |  | Weighted
Average
Exercise
Price |         | Weighted
Average
Remaining
Contractual
Life (Years) |   | Aggregate
Intrinsic Value | 
|------------------------------ | ------------------- |  | ------------------------------- | ------- | --------------------------------------------------- | - | ------------------------- | 
|Outstanding at January 1, 2007 |                     |  |                                 |        |                                                     |   |                           | 
|Granted                        |                     |  |                                 | 862,500 |                                                     | $ | 0.50                      | 
|Exercised                      |                     |  |                                 |         |                                                     |   |                           | 
|Forfeited                      |                     |  |                                 |         |                                                     |   |                           | 
|                               |                     |  |                                 |         |                                                     |   |                           | 
|Outstanding at March 31, 2007  |                     |  |                                 | 862,500 |                                                     |   |                           | 
|                               |                     |  |                                 |         |                                                     |   |                           | 
|Exercisable at March 31, 2007  |                     |  |                                 |        |                                                     |   |                           | 
|                               |                     |  |                                 |         |                                                     |   |                           | 

| | A
summary of the status of the Companys non-vested shares as of and for the three
months ended March 31, 2007, is presented below.
| | -----------------------------------------------------------------------------------------------------------------------------------

|Nonvested Shares             |  | Nonvested
Shares
Under
Option |  | Weighted
Average
Grant Date
Fair Value | 
|---------------------------- |  | ----------------------------- |  | -------------------------------------- | 
|Nonvested at January 1, 2007 |  |                               |  |                                       | 
|Granted                      |  |                               |  | 862,500                                | 
|Vested                       |  |                               |  |                                        | 
|Forfeited                    |  |                               |  |                                        | 
|                             |  |                               |  |                                       
|                             |  |                              
|Nonvested at March 31, 2007  |  |                               |  | 862,500                                | 
|                             |  |                               |  |                                       
|                             |  |                              

| | As
of March 31, 2007, we had $173,077 of unrecognized compensation cost related to stock
options that will be recognized over a weighted average period of approximately 4 years.
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | Loss
per share:
| | ---------------

| | The
Company computes net earnings (loss) per share in accordance with SFAS No. 128, Earnings
per Share, which establishes standards for computing and presenting net earnings
(loss) per share. Basic earnings (loss) per share are computed by dividing net income
(loss) by the weighted average number of common shares outstanding during the period.
Diluted earnings per share is computed by dividing net income (loss) by the weighted
average number of common shares outstanding and the number of dilutive potential common
share equivalents during the period.   For purposes of computing loss per share, the initial issuance
of 21,250,000 shares of common stock (Note 4) have been outstanding from inception.  Stock options are not considered in the
calculation, as the impact of potential common shares (862,500 at March 31, 2007) would
be to decrease loss per share. Therefore, diluted loss per share is equivalent to basic
loss per share.
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

7

---

| | Recent
accounting pronouncement:
| | --------------------------------

| | The
Company adopted the provisions of Financial Standards Accounting Board Interpretation No.
48, Accounting for Uncertainty in Income Taxes  an Interpretation of FASB
Statement No. 109 (FIN 48), on January 1, 2007. There were no
unrecognized tax benefits and, accordingly, there was no effect on the Companys
financial condition or results of operations as a result of implementing FIN 48.
| | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | The
Company files income tax returns in the U.S. federal jurisdiction and Colorado State
jurisdiction. The Company is subject to U.S. federal and state tax examinations for the
year 2006. Management does not believe there will be any material changes in our
unrecognized tax positions over the next 12 months.
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | The
Companys policy is to recognize interest and penalties accrued on any unrecognized
tax benefits as a component of income tax expense. As of the date of adoption of FIN 48,
there was no accrued interest or penalties associated with any unrecognized tax benefits,
nor was any interest expense recognized during the quarter.
| | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|3. | Advances,
related party:
|-- | ------------------------

| | There
are no related party advances outstanding as of March 31, 2007. Prior to March 31, the
Company had related party advances made by the Chairman and Chief Executive Officer (the
Chairman) or an entity   controlled by him, to provide working capital
to the Company or expenses paid by the Chairman on behalf of the Company. At February 14,
2007, total advances amounted to approximately $58,000, of which $50,000 was converted to
equity in connection with the private placement (Note 4), and the remaining $8,000 was
subsequently repaid.
| | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|4. | Shareholders equity:
|-- | ---------------------

| | In
November 2006, the Company issued 21,250,000 shares of its common shares at par value or
$0.0001 per share in exchange for a receivable. Proceeds of $2,125 were received in
February 2007.
| | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | On
March 9, 2007, the Company completed a private placement of 5,796,000 shares of common
stock for gross proceeds of $2,898,000. The shares were issued at a price of $0.50 per
share. As part of the offering, $50,000 of advances due to the Chairman were converted to
100,000 shares of common stock.
| | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | On
March 23, 2007, we received a subscription for the purchase of 500,000 shares of our common
stock at $0.50 per share and received $250,000 cash. The shares were issued on April 2,
2007.
| | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|5. | Subsequent
 events:
|-- | -------------------

| | Subsequent to March 31, 2007, we have hired additional key employees
to continue to develop our business. On April 2, 2007, we entered into an employment
agreement with the individual designated to serve as our Chief Financial Officer, Chief
Operating Officer, Secretary and Treasurer. Additionally, this individual has been
appointed to serve on our Board of Directors. As part of his employment agreement, he was
granted options to purchase 1,750,000 shares of our common stock at $0.50 per share, of
which 250,000 options vested immediately, 250,000 vest on September 1, 2007, 500,000 vest
on January 1, 2008, and 500,000 on January 1, 2009, provided he is an employee or director
of the Company on each vesting date. The final 250,000 options only vest upon the
occurrence of certain Company events including a merger, acquisition or consolidation.
| | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

8

---



| | We
entered into an employment agreement with a newly- hired Chief Technology Officer (CTO)
on April 23, 2007. The CTO was granted 550,000 options to purchase our common stock at
$0.50 per share, of which 125,000 options vested on April 23, 2007, 200,000 vest on
October 7, 2007 but only upon the launch of the Disaboom.com internet community, and
225,000 vest on September 1, 2008 provided he is an employee of the Company on each
vesting date.
| | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | Effective
May 1, 2007, we hired a Vice President of Sales. He was granted 500,000 options to
purchase our common stock at $0.50 per share, of which 100,000 options vest immediately.
The remaining options vest in four equal annual installments contingent upon the
achievement of certain levels of advertising revenue for the Company, and provided he
remains an employee of the Company on each vesting date.
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | Effective
May 1, 2007, we entered into a consulting agreement with the Memphis Consulting Group (MCG)
whereby MCG will provide investor relations services to the Company. The agreement is for
an initial three month term and may be extended by the parties. Pursuant to the agreement
we will pay MCG $6,000 per month and issue 6,000 shares of restricted stock per
month. Additionally, we issued a warrant to purchase 50,000 shares of our common
stock at $0.50 per share for a period of five years. The Agreement contains
confidentiality provisions.
| | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

9

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# ITEM 2.   Management's
Discussion and Analysis of Financial Condition and Results of Operations.

Cautionary Statement
about Forward-Looking Statements

This
Form 10-QSB contains forward-looking statements regarding future events and the
Companys future results that are subject to the safe harbors created under the
Securities Act of 1933 (the Securities Act) and the Securities Exchange Act of
1934 (the Exchange Act). These statements are based on current expectations,
estimates, forecasts, and projections about the industry in which the Company operates and
the beliefs and assumptions of the Companys management. Words such as
expects, anticipates, targets, goals,
projects, intends, plans, believes,
seeks, estimates, continues, may,
variations of such words, and similar expressions are intended to identify such
forward-looking statements. In addition, any statements that refer to projections of the
Companys future financial performance, the time line for the launch of the
Companys website, the prospects for selling advertising on the website, the
Companys anticipated growth and potentials in its business, and other
characterizations of future events or circumstances are forward-looking statements.
Readers are cautioned that these forward-looking statements are only predictions and are
subject to risks, uncertainties, and assumptions that are difficult to predict, including
those identified elsewhere herein, including under Risk Factors. Therefore,
actual results may differ materially and adversely from those expressed in any
forward-looking statements.

# Plan of Operation

We
were incorporated under the laws of the State of Colorado on September 5, 2006 with the
primary purpose of developing the first interactive online community dedicated to
constantly improving the way Americans with disabilities or functional limitations live
their lives. It will also serve as a comprehensive online resource not only for people
living with such conditions, but their immediate families and friends, caregivers,
recreation and rehabilitation providers, and employers. We expect to launch a beta version
of the website in August 2007, and launch the initial operational version of the website
in September 2007.

Our
focus for the next twelve months is: (i) to continue the development of our website and
operational platform, management team, and go-to-market strategy; (ii) to negotiate and to
enter into advertising and other agreements, thereby generating revenue; and (iii) to
increase awareness of our site through business development and partnership agreements,
sponsorships, various media relations initiatives, and generally expanding our contacts
within our market segment. The greater the awareness of our site in the marketplace, the
greater the number of page views our site will experience. The more page views our website
experiences, the greater the revenues under the standard terms of our web advertising
agreement.

Our
financial statements for the  quarter ended March 31, 2007 and from
inception (September 5, 2006) through March 31, 2007, reflect minimal business activities. We incorporated in
September 2006, and since that time have focused primarily on the planning and development
of our website and operational platform. As such we are unable to provide a comparison of
our financial condition and results of operations from the recently completed quarter to
the comparable quarter last year.

Currently,
we fund our operations primarily through funds raised in a private placement of our common
stock completed in March 2007. During this private placement, we issued 5,796,000 shares of
our common stock at $0.50 per share for aggregate gross proceeds of $2,898,000.
Subsequently, on April 2, 2007, we issued 500,000 shares to Mr. Walpuck at $0.50 per
share, for total gross proceeds of $250,000. We expect the proceeds from these offerings
to be sufficient to cover our costs and expenses for the next nine months. However,
estimates for expenses, as well as our market approach and timing may change, resulting in
the need to obtain additional debt or equity financing during 2007, but there can be no
assurance that additional financing will be available on reasonable terms, if at all.

10

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During
the quarter ended March 31, 2007, our operating expenses totaled $337,717. Approximately
80% of the expenditures we incurred related to website development costs ($136,250) and
legal and consulting fees ($125,775).

In
January 2007 we entered into the Website Development Agreement with DATA, Inc., which was
our first material financial commitment, totaling $280,000 with payments to be made
January through July 2007. Additionally, in February 2007, we entered into an agreement
with the Blueshirt Group, L.L.C. pursuant to which the Blueshirt Group provides us
investor relations and consulting services for $9,000 per month.

Since
the end of our fiscal quarter ended March 31, 2007, we have hired additional key employees
to continue to develop our business. On April 2, 2007 we entered into an employment
agreement with John Walpuck. Mr. Walpuck serves as our Chief Financial Officer, Chief
Operating Officer, Secretary and Treasurer. Additionally, he has been appointed to serve
on our Board of Directors. As part of his employment agreement, Mr. Walpuck was granted
options to purchase 1,750,000 shares of our common stock at $0.50 per share, of which
250,000 options vested immediately, 250,000 vest on September 1, 2007, 500,000 vest on
January 1, 2008, and 500,000 on January 1, 2009 provided Mr. Walpuck is an employee or
director of the Company on each vesting date. The final 250,000 options only vest upon the
occurrence of certain Company events including a merger, acquisition or consolidation.

We
entered into an employment agreement with Michael Fay on April 23, 2007. Mr. Fay serves as
our Chief Technology Officer. Mr. Fay was granted 550,000 options to purchase our common
stock at $0.50 per share, of which 125,000 options vested on April 23, 2007, 200,000 vest
on October 7, 2007 but only upon the launch of the Disaboom.com internet community, and
225,000 vest on September 1, 2008 provided Mr. Fay is an employee of the Company on each
vesting date.

Effective
May 1, 2007, Howard Lieber joined the Company as the Vice President of Sales. Mr. Lieber
was granted 500,000 options to purchase our common stock at $0.50 per share, of which
100,000 options vest immediately. The remaining options vest in four equal annual
installments contingent upon the achievement of certain levels of advertising revenue for
the Company, and provided he remains an employee of the Company on each vesting date.

Effective
May 1, 2007 we entered into a consulting agreement with the Memphis Consulting Group
(MCG) whereby MCG will provide investor relations services to the Company. The
agreement is for an initial three month term and may be extended by the parties. Pursuant
to the agreement we will pay MCG $6,000 per month and issue it's President 6,000 shares of restricted
stock per month. Additionally, we issued it's Presdent a warrant to purchase 50,000 shares of our
common stock at $0.50 per share for a period of five years. The Agreement contains
confidentiality provisions.

# ITEM 3.    Controls and
Procedures.

Disclosure Controls and
Procedures.

The Companys principal
executive officer and principal financial officer have evaluated the effectiveness of the
Companys disclosure controls and procedures (as such term is defined in Rules
13a-15(e) and 15d-15(e) under the Exchange Act) as of the end of the period covered by
this report. Based on such evaluation, the Companys principal executive officer and
principal financial officer have concluded that, as of the end of such period, the
Companys disclosure control and procedures are effective in recording, processing,
summarizing and reporting, on a timely basis, information required to be disclosed by the
Company in the reports that it files or submits under the Exchange Act.

11

---



The Companys management has
also concluded that the Companys disclosure controls and procedures are effective to
ensure that information required to be disclosed in the Companys reports filed under
the Exchange Act is accumulated and communicated to management, including the principal
executive officer and principal financial officer, to allow timely decisions regarding
required disclosure.

There was no change in the
Companys internal control over financial reporting that occurred during the fiscal
quarter to which this report relates that has materially affected, or is reasonably likely
to materially affect, the Companys internal control over financial reporting.

12

---



# PART II  OTHER
INFORMATION

# ITEM 2.   Unregistered
Sale of Equity Securities and Use of Proceeds

The
following sets forth the information required by Item 701 of Regulation S-B with respect
to the unregistered sale of equity securities:

On
February 15, 2007, we granted an aggregate of 62,500 options to four individuals to
purchase our common stock at an exercise price of $0.50 per share. The shares options were
issued in consideration for services provided and to be rendered to the Company. We relied
on the exemption from registration provided by Section 4(2) under the Securities Act of
1933 for this issuance. No commissions were paid on these issuances.

On
February 26, 2007, we granted 500,000 options to purchase our common stock at an exercise
price of $0.50 per share. The shares options were issued in consideration for services
provided and to be rendered to the Company. We relied on the exemption from registration
provided by Section 4(2) under the Securities Act of 1933 for this issuance. No
commissions were paid on this issuance.

On
March 9, 2007, we granted an aggregate of 300,000 options to three Directors to purchase
our common stock at an exercise price of $0.50 per share. The shares options were issued
in consideration for services provided and to be rendered to the Company for the
committees on which they serve. We relied on the exemption from registration provided by
Section 4(2) under the Securities Act of 1933 for this issuance. No commissions were paid
on these issuances.

Effective
May 1, 2007, we granted 500,000 options to purchase our common stock at an exercise price
of $0.50 per share. The shares options were issued in consideration for services provided
and to be rendered to the Company. We relied on the exemption from registration provided
by Section 4(2) under the Securities Act of 1933 for this offering. No commissions were
paid on this issuance.

On
March 29, 2007, we issued 5,796,000 shares of common stock at $0.50 per share in a private
placement. We relied on the exemption from registration provided by Section 4(2) and Rule
506 under the Securities Act of 1933 for this offering. The proceeds are being used for
general working capital for the continued development of our business. No commissions were
paid on this issuance.

On
March 23, 2007, we received a subscription for the purchase of 500,000 shares of our
common stock at $0.50 per share, for aggregate consideration of $250,000 from John
Walpuck. We accepted the subscription, contingent on Mr. Walpuck entering into an
employment agreement with us prior to April 20, 2007. The subscription letter provided
that if we were unable to successfully negotiate and enter into an employment agreement
with the subscriber by that date, we could, in our discretion, reject the subscription.
The subscriber had no ability to seek a return of his funds, as all discretion rested with
our Board of Directors. On April 2, 2007, we entered into an employment agreement with Mr.
Walpuck and issued 500,000 shares of our common stock to Mr. Walpuck. In conjunction with
his employment agreement, we granted Mr. Walpuck 1,750,000 options to purchase our common
stock at $0.50 per share. We relied on the exemption from registration provided by Section
4(2) and 4(6) under the Securities Act of 1933 for these offerings. No commissions were
paid on this issuance. The proceeds are being used for general working capital for the
continued development of our business.

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In
conjunction with his entering into an employment agreement with the Company, on April 23
we granted 550,000 options to purchase our common stock at an exercise price of $0.50 per
share. The shares options were issued in consideration for services provided and to be
rendered to the Company. We relied on the exemption from registration provided by Section
4(2) under the Securities Act of 1933 for this issuance. No commissions were paid on this
issuance.

Effective
May 1, 2007, we entered into a consulting agreement with the Memphis Consulting Group
(MCG) whereby in consideration for investor relations services to be provided
to the Company we will issue MCG's President 6,000 shares of restricted stock per month. Additionally,
we issued MCG's President a warrant to purchase 50,000 shares of our common stock at $0.50 per share
for a period of five years.We relied on the exemption from registration provided
by Section 4(2) under the Securities Act of 1933 for these issuances. No commissions were
paid on this issuance.

# ITEM 6.   Exhibits.

|3.1 | Articles
of Incorporation filed September 6, 2006, filed herewith.
|--- | ------------------------------------------------------------------

|3.1.1 | Articles
of Amendment to the Articles of Incorporation filed November 13, 2006, filed herewith
|----- | ----------------------------------------------------------------------------------------------

|3.2 | Bylaws,
filed herewith.
|--- | -----------------------

|4.1 | Specimen
Certificate of Common Stock, filed herewith.
|--- | -----------------------------------------------------

|10.1 | 2006
Stock Option Plan, as amended, filed herewith.
|---- | ---------------------------------------------------

|10.2 | Acceptance
Agreement for Website Development, dated January 10, 2007, filed herewith.
|---- | -------------------------------------------------------------------------------------

|10.3 | Agreement
with Blue Shirt Group dated March 1, 2007, filed herewith.
|---- | --------------------------------------------------------------------

|10.4 | Employment
Agreement with John Walpuck dated April 2, 2007, filed herewith.
|---- | ---------------------------------------------------------------------------

|10.5 | Employment
Agreement with Michael Fay dated April 23, 2007, filed herewith.
|---- | ---------------------------------------------------------------------------

|31.1 | Certification
of CEO Pursuant to Exchange Act Rules 13a-14 and 15d-14, as adopted pursuant to Section
            302 of the Sarbanes-Oxley Act of 2002, filed herewith.
|---- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|31.2 | Certification
of CFO Pursuant to Exchange Act Rules 13a-14 and 15d-14, as adopted              pursuant
to Section 302 of the Sarbanes-Oxley Act of 2002, filed herewith.
|---- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|32.1 | Certification
 of CEO Pursuant to 18 U.S.C.  Section  1350,  as adopted  pursuant to Section 906 of the
            Sarbanes-Oxley Act of 2002, filed herewith.
|---- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------

|32.2 | Certification
of CFO Pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the
            Sarbanes-Oxley Act of 2002, filed herewith.
|---- | ----------------------------------------------------------------------------------------------------------------------------------------------------------

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# DISABOOM INC.

# SIGNATURES

In
accordance with Section 12, 13 or 15(d) of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.

DISABOOM, INC.

|             |                                                               
|------------ | --------------------------------------------------------------
|May 14, 2007 | By: /s/ J.W. Roth                                             
|Date         | J.W. Roth,
Chief Executive Officer                            
|             |                                                               
|May 14, 2007 | By: /s/ John Walpuck                                          
|Date         | John Walpuck,
Chief Financial Officer/
Chief Operating Officer

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