----

----

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

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

| Delaware                                                                |   | 000-52531                  |   | 20-8429161                            |
|-------------------------------------------------------------------------|--------|----------------------------|--------|---------------------------------------|
| (State      or other jurisdiction ofincorporation      or organization) |   | (Commission      File No.) |   | (IRS      Employee IdentificationNo.) |

----

----

| Large      accelerated      filer             ̈      | Accelerated      filer  ̈    |
|----------------------------------------------------------------------------------------------------------------------|----------------------------------|
|  Non-accelerated      filer              ̈ | Smaller      reporting company x |

----

| PART      I— FINANCIAL INFORMATION |                                                                   |
|------------------------------------------|------------------------------------------------------------------------|
|                                     |                                                                   |   |
| Item      1.                             | Financial      Statements                                              | 4 |
| Item      2.                             | Management’s      Discussion and Analysis of Financial Condition | 9 |
| Item      3.                             | Quantitative      and Qualitative Disclosures About Market Risk        | 9 |
| Item      4T.                            | Control      and Procedures                                            | 9 |
|                                     |                                                                   |   |
| PART      II— OTHER INFORMATION    |                                                                   |
|                                     |                                                                   |   |
| Item      1                              | Legal      Proceedings                                                 | 10 |
| Item      2.                             | Unregistered      Sales of Equity Securities and Use of Proceeds       | 10 |
| Item      3.                             | Defaults      Upon Senior Securities                                   | 10 |
| Item      4.                             | Submission      of Matters to a Vote of Security Holders               | 10 |
| Item      5.                             | Other      Information                                                 | 10 |
| Item      6.                             | Exhibits      and Reports on Form 8-K                                  | 10 |
|                                     |                                                                   |   |
| SIGNATURE                                | 11                                                                     |

----

|                                                                                                                                                                                 | Page      # |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------------|
| FINANCIAL      STATEMENTS                                                                                                                                                            |        |
|                                                                                                                                                                                 |        |
| Balance      Sheets as of September 30, 2008 (Unaudited) and December 31,      2007                                                                                                  | 4           |
|                                                                                                                                                                                 |        |
| Statements      of Operations for the Three Months Ended September 30, 2008 and 2007      (Unaudited)                                                                                | 5           |
|                                                                                                                                                                                 |        |
| Statements      of Operations for the Nine Months Ended September 30, 2008 and for the      period from February 7, 2007 (Inception) through September 30,      2007(Unaudited) | 6           |
|                                                                                                                                                                                 |        |
| Statements      of cash flows for the Nine Months Ended September 30, 2008 and for the      period from February 7, 2007 (Unaudited) through September 30,      2007(Unaudited) | 7           |
|                                                                                                                                                                                 |        |
| Notes      to the Financial Statements (Unaudited)                                                                                                                                   | 8           |

----

----

|                                                                                                               |   | September 30, 2008 |    |   | December 31, 2007 |   |
|--------------------------------------------------------------------------------------------------------------------|--------|------------------------------|---------|--------|-----------------------------|--------|
|                                                                                                               |   | (Unaudited)                  |    |   |                        |   |
| ASSETS                                                                                                             |   |                         |    |   |                        |   |
|                                                                                                               |   |                         |    |   |                        |   |
| CURRENT      ASSETS:                                                                                               |   |                         |    |   |                        |   |
| Cash                                                                                                               |   | $                            | 2,600   |   |                        | $      | 100 |   |
| TOTAL  ASSETS                                                                                            |   | $                            | 2,600   |   |                        | $      | 100 |   |
|                                                                                                               |   |                         |    |   |                        |   |   |   |
| LIABILITIES      AND STOCKHOLDER’S DEFICIT                                                                   |   |                         |    |   |                        |   |   |   |
|                                                                                                               |   |                         |    |   |                        |   |   |   |
| CURRENT      LIABILITIES:                                                                                          |   |                         |    |   |                        |   |   |   |
| Accrued      expenses                                                                                              |   | $                            | 24,049  |   |                        | $      | 12,500 |   |
| Advance      from related party                                                                                    |   |                         | 9,509   |   |                        |   | 4,009 |   |
| Total      Current Liabilities                                                                                     |   |                         | 33,558  |   |                        |   | 16,509 |   |
|                                                                                                               |   |                         |    |   |                        |   |   |   |
| STOCKHOLDER’S      DEFICIT:                                                                                  |   |                         |    |   |                        |   |   |   |
| Preferred      stock at $0.0001 par value; 10,000,000 shares authorized; no shares issued      or outstanding      |   |                         | -       |   |                        |   | - |   |
| Common      stock at $0.0001 par value; 50,000,000 shares authorized; 4,000,000 shares      issued and outstanding |   |                         | 400     |   |                        |   | 400 |   |
| Additional      paid-in capital                                                                                    |   |                         | 6,899   |   |                        |   | 6,899 |   |
| Deficit      accumulated during the development stage                                                              |   |                         | (38,257 | )      |                        |   | (23,708 | ) |
|                                                                                                               |   |                         |    |   |                        |   |   |   |
| Stockholder’s      Deficit                                                                                   |   |                         | (30,958 | )      |                        |   | (16,409 | ) |
|                                                                                                               |   |                         |    |   |                        |   |   |   |
| TOTAL      LIABILITIES AND STOCKHOLDER’S DEFICIT                                                             |   | $                            | 2,600   |   |                        | $      | 100 |   |

----

|                                                                                     |   | Three MonthsEndedSeptember 30,2008 |      |   | Three MonthsEndedSeptember 30,2007 |   |
|------------------------------------------------------------------------------------------|--------|----------------------------------------------|-----------|--------|----------------------------------------------|--------|
|                                                                                     |   |                                         |      |   |                                         |   |
| Revenues                                                                                 |   | $                                            | -         |   |                                         | $      | - |   |
|                                                                                     |   |                                         |      |   |                                         |   |   |   |
| Operating      expenses:                                                                 |   |                                         |      |   |                                         |   |   |   |
| General      and administrative                                                          |   |                                         | 3,122     |   |                                         |   | 8,500 |   |
|                                                                                     |   |                                         |      |   |                                         |   |   |   |
| Total      operating expenses                                                            |   |                                         | 3,122     |   |                                         |   | 8,500 |   |
|                                                                                     |   |                                         |      |   |                                         |   |   |   |
| Loss      before income taxes                                                            |   |                                         | (3,122    | )      |                                         |   | (8,500 | ) |
|                                                                                     |   |                                         |      |   |                                         |   |   |   |
| Income      tax provision                                                                |   |                                         | -         |   |                                         |   | - |   |
|                                                                                     |   |                                         |      |   |                                         |   |   |   |
| Net      loss                                                                            |   | $                                            | (3,122    | )      |                                         | $      | (8,500 | ) |
|                                                                                     |   |                                         |      |   |                                         |   |   |   |
| Net      loss per common share – basic and diluted                                 |   | $                                            | (0.00     | )      |                                         | $      | (0.00 | ) |
| Weighted      average number of common shares outstanding – basic and      diluted |   |                                         | 4,000,000 |   |                                         |   | 4,000,000 |   |

----

|                                                                                     |   | Nine MonthsEndedSeptember 30,2008 |      |   | The PeriodFromFebruary 7,2007(Inception)throughSeptember30, 2007 |   |
|------------------------------------------------------------------------------------------|--------|---------------------------------------------|-----------|--------|---------------------------------------------------------------------------------|--------|
|                                                                                     |   |                                        |      |   |                                                                            |   |
| Revenues                                                                                 |   | $                                           | -         |   |                                                                            | $      | - |   |
|                                                                                     |   |                                        |      |   |                                                                            |   |   |   |
| Operating      expenses:                                                                 |   |                                        |      |   |                                                                            |   |   |   |
| General      and administrative                                                          |   |                                        | 14,549    |   |                                                                            |   | 19,708 |   |
|                                                                                     |   |                                        |      |   |                                                                            |   |   |   |
| Total      operating expenses                                                            |   |                                        | 14,549    |   |                                                                            |   | 19,708 |   |
|                                                                                     |   |                                        |      |   |                                                                            |   |   |   |
| Loss      before income taxes                                                            |   |                                        | (14,549   | )      |                                                                            |   | (19,708 | ) |
|                                                                                     |   |                                        |      |   |                                                                            |   |   |   |
| Income      tax provision                                                                |   |                                        | -         |   |                                                                            |   | - |   |
|                                                                                     |   |                                        |      |   |                                                                            |   |   |   |
| Net      loss                                                                            |   | $                                           | (14,549   | )      |                                                                            | $      | (19,708 | ) |
|                                                                                     |   |                                        |      |   |                                                                            |   |   |   |
| Net      loss per common share – basic and diluted                                 |   | $                                           | (0.00     | )      |                                                                            | $      | (0.00 | ) |
| Weighted      average number of common shares outstanding – basic and      diluted |   |                                        | 4,000,000 |   |                                                                            |   | 4,000,000 |   |

----

|                                                                                  |   | NineMonthsEndedSeptember,2008 |    |   | The PeriodFromFebruary 7,2007(Inception)throughSeptember30, 2007 |   |
|---------------------------------------------------------------------------------------|--------|-------------------------------|---------|--------|---------------------------------------------------------------------------------|--------|
|                                                                                  |   |                          |    |   |                                                                            |   |
| Cash      flow from operating activities:                                             |   |                          |    |   |                                                                            |   |
| Net      loss                                                                         |   | $                             | (14,549 | )      |                                                                            | $      | (19,708 | ) |
| Adjustments      to reconcile net loss to net cash used in operating      activities: |   |                          |    |   |                                                                            |   |   |   |
| Increase      in accrued expenses                                                     |   |                          | 11,549  |   |                                                                            |   | 12,509 |   |
|                                                                                  |   |                          |    |   |                                                                            |   |   |   |
| Net      cash used in operating activities                                            |   |                          | (3,000  | )      |                                                                            |   | (7,199 | ) |
|                                                                                  |   |                          |    |   |                                                                            |   |   |   |
| Cash      flow from financing activities:                                             |   |                          |    |   |                                                                            |   |   |   |
| Proceeds      from issuance of common stock                                           |   |                          | -       |   |                                                                            |   | 5,299 |   |
| Capital      contribution                                                             |   |                          | -       |   |                                                                            |   | 2,000 |   |
| Advance      from related party                                                       |   |                          | 5,500   |   |                                                                            |   | - |   |
|                                                                                  |   |                          |    |   |                                                                            |   |   |   |
| Net      cash provided by financing activities                                        |   |                          | 5,500   |   |                                                                            |   | 7,299 |   |
|                                                                                  |   |                          |    |   |                                                                            |   |   |   |
| Net      increase in cash                                                             |   |                          | 2,500   |   |                                                                            |   | 100 |   |
| Cash      at beginning of period                                                      |   |                          | 100     |   |                                                                            |   | - |   |
| Cash      at end of period                                                            |   | $                             | 2,600   |   |                                                                            | $      | 100 |   |

----

| 1. | ORGANIZATION      AND OPERATIONS |
|----|----------------------------------|

| 2. | SUMMARY      OF SIGNIFICANT ACCOUNTING POLICIES |
|----|-------------------------------------------------|

| 4. | EQUITY |
|----|--------|

----

----

----

| Exhibit |   | Description of Exhibit                                          |
|---------|--------|--------------------------------------------------------------------------------|
| 31.1    |   | Certification      Pursuant to Section 302 of the Sarbanes-Oxley Act of  2002. |
|    |   |                                                                           |
| 32.1    |   | Certification      Pursuant to Section 906 of the Sarbanes-Oxley Act of  2002  |

----

|                       | CAVALIER      HOLDINGS, INC.(Registrant) |
|----------------------------|------------------------------------------|
|                       |                                     |
| Dated:      August 7, 2009 | By:                            | /s/      Leo Mentzelopoulos |
|                       | Leo      MentzelopoulosPresident         |

----