# 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
June 30, 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.)

7730 E. Belleview Avenue, Suite A306
 Greenwood Village, CO  80111
(Address of principal executive offices)

Issuer's telephone
number, including area code: (720) 407-6530

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 August 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 PERIOD ENDED JUNE
30, 2007

# INDEX TO FINANCIAL
STATEMENTS

|                                                                             | PAGE |  |  |   | 
|---------------------------------------------------------------------------- | ---- |  |  | - | 
|Financial Statements (unaudited):                                            |      |  |  |   | 
|                                                                             |      | 
|Balance Sheet as of June 30, 2007                                            |      |  |  | 2 | 
|                                                                             |      | 
|Statements of Operations for the three-month and six-month periods ended     |      | 
|June 30, 2007, and for the period from inception (September 5, 2006) through |      | 
|June 30, 2007                                                                |      |  |  | 3 | 
|                                                                             |      | 
|Statements of Cash Flows for the six-month period ended June 30, 2007, and   |      | 
|for the period from inception (September 5, 2006) through June 30, 2007      |      |  |  | 4 | 
|                                                                             |      | 
|Notes to Financial Statements                                                |      |  |  | 5 | 

---



# DISABOOM, INC.
                 (A DEVELOPMENT STAGE COMPANY)

# BALANCE SHEET

# JUNE 30, 2007
                          (Unaudited)

|                                                     |  |  |   |            |  
|---------------------------------------------------- |  |  | - | ---------- | -
|ASSETS                                               |  |  |   |            |  
|Current assets:                                      |  | 
|Cash                                                 |  |  | $ | 2,154,388  |  
|Prepaid expenses                                     |  |  |   | 171,434    |  
|                                                     |  | 
|Total current assets                                 |  |  |   | 2,325,822  |  
|                                                     |  | 
|                                                     |  | 
|Property and equipment                               |  |  |   | 35,039     |  
|Deposits                                             |  |  |   | 9,367      |  
|                                                     |  | 
|                                                     |  |  |   | 44,406     |  
|                                                     |  | 
|Total assets                                         |  |  | $ | 2,370,228  |  
|                                                     |  | 
|LIABILITIES AND SHAREHOLDERS' EQUITY                 |  | 
|Liabilities:                                         |  | 
|Accounts payable                                     |  |  | $ | 189,833    |  
|Accounts payable, related party                      |  |  |   | 41,853     |  
|                                                     |  | 
|Total liabilities (all current)                      |  |  |   | 231,686    |  
|                                                     |  | 
|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; 27,558,000 issued and outstanding |  |  |   | 2,756      |  
|Additional paid-in capital                           |  |  |   | 3,297,901  |  
|Deferred compensation                                |  |  |   | (5,017     | )
|Deficit accumulated during the development stage     |  |  |   | (1,157,098 | )
|                                                     |  | 
|Total shareholders' equity                           |  |  |   | 2,138,542  |  
|                                                     |  | 
|Total liabilities and shareholders' equity           |  |  | $ | 2,370,228  |  
|                                                     |  | 

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

2

---



# DISABOOM, INC.
            (A DEVELOPMENT STAGE COMPANY)

# STATEMENTS OF
OPERATIONS

|                                               | Three months ended June 30, 2007 |  | Six months ended June 30, 2007 |            | September 5, 2006 (inception) to June 30, 2007 |  
|---------------------------------------------- | -------------------------------- |  | ------------------------------ | ---------- | ---------------------------------------------- | -
|
|
|Expenses:                                      |                                  |  |                                |            |                                                |  
|General and administrative                     |                                  |  | $                              | (833,793   | )                                              | $
|                                               |                                  | 
|Other income (expense):                        |                                  | 
|Interest income                                |                                  |  |                                | 21,748     |                                                |  
|                                               |                                  |  |                                |            |                                                |  
|Net loss                                       |                                  |  | $                              | (812,045   | )                                              | $
|                                               |                                  |  |                                |            |                                                |  
|Net loss per share, basic and diluted (Note 2) |                                  |  | $                              | (0.03      | )                                              | $
|                                               |                                  |  |                                |            |                                                |  
|Weighted average number of common shares       |                                  | 
|outstanding (Note 2)                           |                                  |  |                                | 27,536,989 |                                                |  
|                                               |                                  |  |                                |            |                                                |  

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

3

---



# DISABOOM, INC.
                   (A DEVELOPMENT STAGE COMPANY)

# STATEMENTS OF CASH
FLOWS

|                                                             | Six months ended June 30, 2007 |  | September 5, 2006 (inception) toJune 30, 2007 |           
|------------------------------------------------------------ | ------------------------------ |  | --------------------------------------------- | ----------
|
|Cash flows from operating activities:                        |                                |  |                                               |           
|Net loss                                                     |                                |  | $                                             | (1,140,112
|                                                             |                                |  |                                               |           
|Adjustments to reconcile net loss to cash                    |                                | 
|used in operating activities:                                |                                | 
|Stock-based compensation expense                             |                                |  |                                               | 145,515   
|Increase (decrease) in assets and liabilities:               |                                | 
|Prepaid expenses and deposits                                |                                |  |                                               | (180,801  
|Accounts payable                                             |                                |  |                                               | 188,918   
|Accounts payable, related party                              |                                |  |                                               | 41,853    
|Advances, related party                                      |                                |  |                                               | 33,929    
|                                                             |                                |  |                                               |           
|Total adjustments                                            |                                |  |                                               | 229,414   
|                                                             |                                |  |                                               |           
|Net cash used in operating activities                        |                                |  |                                               | (910,698  
|                                                             |                                |  |                                               |           
|Cash flows from investing activities:                        |                                | 
|Purchase of property and equipment                           |                                |  |                                               | (35,039   
|                                                             |                                |  |                                               |           
|Net cash used in investing activities                        |                                |  |                                               | (35,039   
|                                                             |                                |  |                                               |           
|Cash flows from financing activities:                        |                                | 
|Proceeds from issuance of common stock                       |                                |  |                                               | 3,098,000 
|Proceeds applied to receivable from issuance of common stock |                                |  |                                               | 2,125     
|                                                             |                                |  |                                               |           
|Net cash provided by financing activities                    |                                |  |                                               | 3,100,125 
|                                                             |                                |  |                                               |           
|Increase in cash and cash equivalents and ending cash        |                                |  | $                                             | 2,154,388 
|                                                             |                                |  |                                               |           
|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

# Six months ended June
30, 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 release a beta version of the website on or about August 15, 2007, release a limited
availability version in September 2007, and release the general availability version of
the website in October 2007. The primary activities of the Company through June 30, 2007
continue to be organizational in nature, including the ongoing development and
integration of the website, beginning to plan for our marketing and community development
initiatives, as well as our sales operations, and continuing to build our management team
and staff. 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
generally accepted accounting principles 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

---



| | 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 and six months ended June 30, 2007 and the period from
September 5, 2006 (inception) to June 30, 2007, website development costs of
approximately $111,750, 248,000 and $258,000, 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 5,000,000.
| | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | During
the six months ended June 30, 2007 the Company granted 4,423,500 stock options to
employees and consultants at a weighted average exercise price of $.55 per share. The
options are subject to various vesting schedules and are exercisable through 2014. The
fair value of stock options at the dates of grant was $1,212,296. The Company used the
following assumptions to determine the fair value of stock option grants during the six
months ended June 30, 2007:
| | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

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

| | The
expected life 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 similar companies in the development stage. 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 six months ended June 30, 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                        |                     |  |                                 | 4,423,500 |                                                     | $ | 0.60                      | 
|Exercised                      |                     |  |                                 |           |                                                     |   |                           | 
|Forfeited                      |                     |  |                                 |           |                                                     |   |                           | 
|                               |                     |  |                                 |           |                                                     |   |                           | 
|Outstanding at June 30, 2007   |                     |  |                                 | 4,423,500 |                                                     | $ | 0.60                      | 
|                               |                     |  |                                 |           |                                                     |   |                           | 
|Exercisable at June 30, 2007   |                     |  |                                 | 577,500   |                                                     | $ | 0.50                      | 
|                               |                     |  |                                 |           |                                                     |   |                           | 

| | During
the three and six month periods ended June 30, 2007, compensation expense of $96,183 and
$115,982, respectively, was recorded relative to the 2006 Plan.
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------

| | A
summary of the status of the Companys non-vested shares as of and for the six months
ended June 30, 2007, is presented below.
| | --------------------------------------------------------------------------------------------------------------------------------

|Nonvested Shares             |  | Nonvested
Shares
Under
Option |  | Weighted
Average
Grant Date
Fair Value | 
|---------------------------- |  | ----------------------------- |  | -------------------------------------- | 
|Nonvested at January 1, 2007 |  |                               |  |                                       | 
|Granted                      |  |                               |  | 4,423,500                              | 
|Vested                       |  |                               |  | 577,500                                | 
|Forfeited                    |  |                               |  |                                       | 
|                             |  |                               |  |                                       
|                             |  |                              
|Nonvested at June 30, 2007   |  |                               |  | 3,846,000                              | 
|                             |  |                               |  |                                       
|                             |  |                              

| | As
of June 30, 2007, we had $1,096,314 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. Stock options and warrants are not considered
in the calculation, as the impact of potential common shares (4,473,500 at June 30, 2007)
would be to decrease loss per share. Therefore, diluted loss per share is equivalent to
basic loss per share.
| | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

7

---



| | Recent
Pronouncements:
| | ----------------------

| | The
Company adopted the provisions of Financial Standards Accounting Board Interpretation No.
48, Accounting for Uncertainty inIncome 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. | 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 April 2, 2007, the Company issued 500,000 shares to an
employee at $0.50 per share, for total gross proceeds of $250,000. Total gross proceeds
received by the Company since its inception from the issuance of common stock are
$3,150,125, which include $50,000 of related party advances converted to common stock.
| | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | Common
stock includes 12,000 shares that the Company is required to issue under a consulting
agreement (Note 5). Shares outstanding includes common stock to be issued at June 30,
2007 under this agreement valued at $19,500. These shares are expected to be issued in
the third quarter of 2007.
| | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|4. | Lease
Agreement:
|-- | ----------------

| | On
June 6, 2007 the Company entered into a lease for general corporate office space. The
lease commenced June 15, 2007 and terminates on July 31, 2009. Monthly rent is $7,667,
plus $220 per month for the covered parking spaces.
| | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|5. | Significant
Agreements and Subsequent Events:
|-- | ---------------------------------------------

| | Effective
May 1, 2007, we entered into a consulting agreement with the Memphis Consulting Group (MCG)
pursuant to which MCG has provided investor relations services to the Company. The
agreement was for an initial three month term. Pursuant to the agreement we paid MCG
$6,000 per month and were to 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 warrant was valued at $15,050 on the date of
grant, of which $10,033 was expensed at June 30, 2007 and $5,017 was recorded as deferred
compensation. The Agreement contains confidentiality provisions.
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

8

---



| | Effective
July 6, 2007 we entered into a new consulting agreement with the MCG,
whereby MCG will provide investor relations services to the Company. The consulting
agreement that we previously entered into with MCG was scheduled to expire on August 1,
2007. The July 6, 2007 agreement is for a twelve month term and may be extended by the
parties. Pursuant to the agreement we will pay MCG $12,000 per month and issue to MCG
6,000 shares of restricted stock per month. Additionally, we issued MCG a warrant to
purchase 400,000 shares of our common stock at $1.45 per share for a period of five
years. The shares underlying the warrant vest in 100,000 share installments on September
30, 2007, December 31, 2007, March 31, 2008 and June 30, 2008, contingent upon MCG
providing us consulting services under the agreement. The warrant issued pursuant to the
July 6 agreement was in addition to the warrant to purchase 50,000 shares of our common
stock issued to MCG under the terms of previous agreement.
| | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | Since
the end of our fiscal quarter on June 30, 2007 we have continued to develop our business.
On July 5, 2007, we entered into an initial agreement with Cowboy International, Inc. (Cowboy),
an advertising agency, for the development of a comprehensive and integrated marketing,
advertising and branding strategy for the Company, and the launch and initial operations
of our website. On August 3, 2007, we entered into an amended agreement with Cowboy
through the period ending June 30, 2008. The amended agreement replaced the initial
agreement with Cowboy, and the compensation we are to pay Cowboy for the services we are
being provided.
| | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | On
July 3, 2007 our Board appointed Patrick Templeton to serve on the Board of Directors. At
that time Mr. Templeton was granted an option to purchase 100,000 shares of our Common
Stock at $1.45 per share, the closing sales price on July 3, 2007, and vesting 50% on
December 31, 2007 and 50% on December 31, 2008. Mr. Templetons options will expire
on December 31, 2011.
| | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|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.

9

---



# 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. The Company expects to release a
beta version of the website on or about August 15, 2007, release a limited availability
version in September 2007, and release the general availability version of the website in
October 2007.

The
primary activities of the Company through June 30, 2007 continue to be organizational in
nature, including the ongoing development and integration of the website, planning and
beginning to implement our marketing and community development initiatives, as well as our
sales operations, and continuing to build our management team and staff. The
Companys headquarters are located in the metropolitan area of Denver, Colorado.

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, sponsorship and other agreements, thereby generating revenue; and
(iii) to increase brand awareness and drive Internet traffic to our site through media
campaigns, community development and partnership initiatives, events and other activities,
and generally expanding our network of contacts within our market segment. The greater the
awareness of our site and brand 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 period ended June 30, 2007 and from inception (September 5,
2006) 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, which include $50,000 of related party
 advances converted to common stock.  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 five 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.

During
the quarter and six months ended June 30, 2007 our operating expenses totaled $833,793 and
$1,171,510, respectively. Approximately 67% of the expenditures we incurred related to
payroll and stock compensation costs ($125,716 and $145,515 for the three and six months
ended June 30, 2007, respectively), website development costs ($111,750 and $248,000 for
the three and six months ended June 30, 2007) and legal and consulting fees ($106,747 and
$232,522 for the three and six months ended June 30, 2007).

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. With the beta-test launch of the site expected to occur in
August 2007, additional funds not to exceed $20,000 will be paid to DATA, Inc. to complete
outstanding change orders and final site modifications.  These changes are a result
of additional creative and execution input from Disaboom over the initial eight months of
the project.  The initial expense of $280,000 was an estimated calculation to create
the initial website based on an original scope of work which was subsequently modified and
refined.

As
the original contract with DATA Inc. concluded in July 2007, a new master agreement is
being negotiated to encompass site changes going forward in the form of individual
work-for-hire agreements as well as a hosting agreement that will continue to utilize the
DATA hosting facility in Denver, Colorado.  The Company anticipates these two
agreements will be negotiated by August 30, 2007.

10

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During
our fiscal quarter ended June 30, 2007 we continued to hire additional employees to help
develop our business. On April 2, 2007, we entered into an employment agreement with the
individual that serves 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.

We
entered into an employment agreement with our 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 vested 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.

On
June 26, 2007 we entered into an employment agreement with Lori Frisher pursuant to which
she serves as our Vice President, Community & Business Development. She was granted
275,000 options to purchase our common stock at $1.50 per share, of which 58,333 shares
shall vest on June 25, 2008, 58,333 shares shall vest on June 25, 2009, and 58,334 shares
shall vest on June 25, 2010; and (ii) 100,000 shares shall vest on March 31, 2008, but
only upon the achievement of our launch objective of two million unique visitors to the
Disaboom website during March 31, 2008; provided she is 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) pursuant to which MCG has provided investor relations services to the
Company. The agreement was for an initial three month term. Pursuant to the agreement we
paid MCG $6,000 per month and issued 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 warrant was valued at $15,050 on the date of
grant, of which $10,033 was expensed at June 30, 2007 and $5,017 was recorded as deferred
compensation.

Effective
July 6, 2007 we entered into a new consulting agreement with the Memphis Consulting Group
whereby MCG will continue to provide investor relations services to the Company. This is the second
consulting agreement we entered into MCG as the first was due to expire on August 1, 2007.
The July 6, 2007 agreement is for a twelve month term and may be extended by the parties.
Pursuant to the agreement we will pay MCG $12,000 per month and issue MCG 6,000 shares of
restricted stock per month. Additionally, we issued MCG a warrant to purchase 400,000
shares of our common stock at $1.45 per share for a period of five years.

# 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

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The Companys management has
also concluded that as of June 30, 2007 the Companys disclosure controls and
procedures were 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

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# 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:

Between
April 1, 2007 and June 30, 2007 we granted employees an aggregate of 3,501,000 options to
purchase our common stock all subject to vesting schedules. The options were granted in
consideration for services. We relied on the exemption from registration provided by
Section 4(2) under the Securities Act of 1933 for these issuances. No commissions or other
remuneration was paid in connection with these issuances.

Effective
May 1, 2007, we entered into a consulting agreement with the Memphis Consulting Group
(MCG) whereby in consideration for investor services provided to the Company
we issued MCG 6,000 shares of restricted stock per month. Additionally we issued MCG a
warrant to purchase 50,000 shares of our common stock at $0.50 per share for a period of
five years. No commissions or other remuneration was paid in connection with these issuances.

On
May 29, 2007 we granted three independent contractors an aggregate of 65,000 options to
purchase our common stock at an exercise price of $0.50 per share. The options were
granted in consideration services. We relied on the exemption from registration
provided by Section 4(2) under the Securities Act of 1933 for these issuances. No
commissions or other remuneration was paid in connection with these issuances.

On
July 3, 2007 we granted a director 100,000 options to purchase our common stock at an
exercise price of $1.45 per share, subject to a vesting schedule and exercisable through
2011. The options were granted in consideration for services. We relied on the exemption
from registration provided by Section 4(2) under the Securities Act of 1933 for this
issuance. No commissions or other remuneration was paid in connection with this issuance.

Effective
July 6, 2007, we entered into a second consulting agreement with MCG whereby in
consideration for investor relations services to be provided to the Company we will issue
to MCG 6,000 shares of restricted stock per month. Additionally, we issued MCG a warrant
to purchase 400,000 shares of our common stock at $1.45 per share for a period of five
years, with the shares vesting in 100,000 share increments through June 30, 2008. The
warrant was issued in consideration for services.We relied on the exemption from
registration provided by Section 4(2) under the Securities Act of 1933 for these
issuances. No commissions or other remunerations were paid in connection with this
issuance.

On
July 30, 2007 we granted an employee 20,000 options to purchase our common stock at an
exercise price of $1.40 per share, vesting over three years and exercisable for six years.
The options were granted in consideration for services. We relied on the exemption from
registration provided by Section 4(2) under the Securities Act of 1933 for this issuance.
No commissions or other remunerations were paid in connection with this issuance.

# ITEM 6.   Exhibits.

---

|3.1 | Articles
of Incorporation, as amended (1)
|--- | -----------------------------------------

|3.2 | Bylaws
(1)
|--- | ----------

|10.1 | Employment
Agreement with John Walpuck Dated April 2, 2007 (1)
|---- | --------------------------------------------------------------

|10.2 | Employment
Agreement with Michael Fay Dated April 23, 2007(2)
|---- | -------------------------------------------------------------

|10.3 | Sublease
Agreement with Merlin Technical Solutions, Inc. (3)
|---- | ------------------------------------------------------------

|10.4 | Employment
Agreement with Lori Frisher Dated June 26, 2007(4)             Business Consultant
Agreement with an entity controlled by David Nahmias and Warrant Dated July 6,
            2007(5)
|---- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

II-1

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|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.
|---- | ----------------------------------------------------------------------------------------------------------------------------------------------------------

| | (1) | Incorporated
by reference from Form 10-QSB, filed May 15, 2007.
| | --- | ---------------------------------------------------------------

| | (2) | Incorporated
by reference from Form 8-K, filed April 27, 2007.
| | --- | --------------------------------------------------------------

| | (3) | Incorporated
by reference from Form 8-K, filed June 11, 2007.
| | --- | -------------------------------------------------------------

| | (4) | Incorporated
by reference from Form 8-K, filed July 2, 2007.
| | --- | ------------------------------------------------------------

| | (5) | Incorporated
by reference from Form 8-K, filed July 12, 2007.
| | --- | -------------------------------------------------------------

-II-2

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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.

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

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