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**PLASTRON      ACQUISITION CORP. I**

**-      INDEX -**

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   | Page   |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |   |
| **PART                  I- FINANCIAL INFORMATION:**                                                                                                                                                                                                                                                                                                                                                                                                                               |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |   |
| Item                  1. Financial Statements                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |   |
| Balance                  Sheets as of September 30, 2007 (Unaudited) and December 31, 2006                  (Audited)                                                                                                                                                                                                                                                                                                                                                             |   | F-1    |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |   |
| Statements                  of Operations for the Three Months Ended September 30, 2007 and                  2006                  (Unaudited), the Nine Months Ended September 30, 2007 (Unaudited),                  from                  January 24, 2006 (Inception) to September 30, 2006 (Unaudited)                  and for the                  Cumulative Period from January 24, 2006 (Inception) to September                  30, 2007                  (Unaudited) |   | F-2    |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |   |
| Statement                  of Stockholders’ Equity (Deficit) for the Cumulative Period from January                  24, 2006 (Inception) to September 30, 2007 (Unaudited)                                                                                                                                                                                                                                                                                                 |   | F-3    |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |   |
| Statements                  of Cash Flows for the Nine Months Ended September 30, 2007 (Unaudited),                  from January 24, 2006 (Inception) to September 30, 2006 (Unaudited)                  and                  for the Cumulative Period from January 24, 2006 (Inception) to                  September                  30, 2007 (Unaudited)                                                                                                                    |   | F-4    |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |   |
| Notes                  to Financial Statements (unaudited)                                                                                                                                                                                                                                                                                                                                                                                                                        |   | F-5    |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |   |
| Item                  2. Management's Discussion and Analysis or Plan of                  Operation                                                                                                                                                                                                                                                                                                                                                                               |   | 1      |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |   |
| Item                  3. Controls and Procedures                                                                                                                                                                                                                                                                                                                                                                                                                                  |   | 3      |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |   |
| **PART                  II - OTHER INFORMATION**:                                                                                                                                                                                                                                                                                                                                                                                                                                 |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |   |
| Item                  1. Legal Proceedings                                                                                                                                                                                                                                                                                                                                                                                                                                        |   | 3      |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |   |
| Item                  2. Unregistered Sales of Equity Securities and Use of                  Proceeds                                                                                                                                                                                                                                                                                                                                                                             |   | 3      |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |   |
| Item                  3. Defaults Upon Senior Securities                                                                                                                                                                                                                                                                                                                                                                                                                          |   | 3      |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |   |
| Item                  4. Submission of Matters to a Vote of Security Holders                                                                                                                                                                                                                                                                                                                                                                                                      |   | 3      |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |   |
| Item                  5. Other Information                                                                                                                                                                                                                                                                                                                                                                                                                                        |   | 3      |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |   |
| Item                  6. Exhibits                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   | 4      |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |   |
| Signatures                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   | 5      |

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**PART      I - FINANCIAL INFORMATION**

**Item      1. Financial Statements.**

| **Plastron                Acquisition Corp. I**                                                                                    |
|------------------------------------------------------------------------------------------------------------------------------------|
| **A                Development Stage Company**                                                                                     |
| **BALANCE                SHEETS**                                                                                                  |
|                                                                                                                               |   |   |   |   |   |
|                                                                                                                               |   | **As                of** |   | **As                of** |   |
|                                                                                                                               |   | **September                30,** |   | **December                31,** |   |
|                                                                                                                               |   | **2007** |   | **2006** |   |
|                                                                                                                               |   | **(Unaudited)** |   | **(Audited)** |   |
| **ASSETS**                                                                                                                         |   |
|                                                                                                                               |   |   |   |   |   |
| **CURRENT                ASSETS:**                                                                                                 |   |   |   |   |   |
| Cash                and cash equivalents                                                                                           |   | $ | 6,479 |   | $ | 30,000 |   |
| Total                current assets                                                                                                |   |   | 6,479 |   |   | 30,000 |   |
|                                                                                                                               |   |   |   |   |   |   |   |
| **TOTAL                ASSETS**                                                                                                    |   | **$** | **6,479** |   | **$** | **30,000** |   |
|                                                                                                                               |   |   |   |   |   |   |   |
|                                                                                                                               |   |   |   |   |   |   |   |
| **LIABILITIES                AND STOCKHOLDERS’ EQUITY (DEFICIT)**                                                            |
|                                                                                                                               |   |   |   |   |   |   |   |
| **CURRENT                LIABILITIES:**                                                                                            |   |   |   |   |   |   |   |
| Note                payable - related party                                                                                        |   |   | 12,500 |   |   | 12,500 |   |
| Accrued                interest - related party                                                                                    |   |   | 826 |   |   | 451 |   |
| Total                current liabilities                                                                                           |   |   | 13,326 |   |   | 12,951 |   |
|                                                                                                                               |   |   |   |   |   |   |   |
| **LONG                TERM LIABILITIES:**                                                                                          |   |   | - |   |   | - |   |
|                                                                                                                               |   |   |   |   |   |   |   |
| **TOTAL                LIABILITIES**                                                                                               |   |   | **13,326** |   |   | **12,951** |   |
|                                                                                                                               |   |   |   |   |   |   |   |
| **STOCKHOLDERS’                EQUITY (DEFICIT):**                                                                           |   |   |   |   |   |   |   |
| Preferred                stock, $.0001 par value; 10,000,000 shares authorized;none                issued and outstanding          |   |   | **-** |   |   | **-** |   |
| Common                stock, $.0001 par value; 75,000,000 shares authorized;2,000,000                shares issued and outstanding |   |   | 200 |   |   | 200 |   |
| Additional                paid-in capital                                                                                          |   |   | 29,800 |   |   | 29,800 |   |
| Deficit                accumulated during the development stage                                                                    |   |   | (36,847 | ) |   | (12,951 | ) |
|                                                                                                                               |   |   |   |   |   |   |   |
| **TOTAL                STOCKHOLDERS’ EQUITY (DEFICIT)**                                                                      |   |   | **(6,847** | **)** |   | **17,049** |   |
|                                                                                                                               |   |   |   |   |   |   |   |
| **TOTAL                LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT)**                                                      |   | **$** | **6,479** |   | **$** | **30,000** |   |

**The      accompanying notes are an integral part of the financial      statements.**

----

| **Plastron                Acquisition Corp. I**                                                                          |   |
|--------------------------------------------------------------------------------------------------------------------------|--------|
| **A                Development Stage Company**                                                                           |   |
| **STATEMENTS                OF OPERATIONS**                                                                              |   |
|                                                                                                                     |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                                                     |   | July                1, 2007 |   | July                1, 2006 |   | January                1, 2007 |   | January                24, 2006 |   | January                24, 2006 |   |
|                                                                                                                     |   | to |   | to |   | to |   | (Inception)                to |   | (Inception)                to |   |
|                                                                                                                     |   | September                30, 2007 |   | September                30, 2006 |   | September                30, 2007 |   | September                30, 2006 |   | September                30, 2007 |   |
|                                                                                                                     |   | (Unaudited) |   | (Unaudited) |   | (Unaudited) |   | (Unaudited) |   | (Unaudited) |   |
|                                                                                                                     |   |   |   |   |   |   |   |   |   |   |   |
| **REVENUE**                                                                                                              |   | **$** | **-** |   | **$** | **-** |   | **$** | **-** |   | **$** | **-** |   | **$** | **-** |   |
|                                                                                                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| **OPERATING                EXPENSES:**                                                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| General                and administrative expenses                                                                       |   |   | 11,994 |   |   | - |   |   | 23,521 |   |   | 12,500 |   |   | 36,021 |   |
|                                                                                                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| **LOSS                FROM OPERATIONS**                                                                                  |   |   | **(11,994** | **)** |   | **-** |   |   | **(23,521** | **)** |   | **(12,500** | **)** |   | **(36,021** | **)** |
|                                                                                                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| **OTHER                INCOME (EXPENSE)**                                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Interest                expense - related party                                                                          |   |   | (125 | ) |   | - |   |   | (375 | ) |   | - |   |   | (826 | ) |
| **Total                other income (expense)**                                                                          |   |   | **(125** | **)** |   | **-** |   |   | **(375** | **)** |   | **-** |   |   | **(826** | **)** |
|                                                                                                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| **NET                LOSS**                                                                                              |   | **$** | **(12,118.50** | **)** | **$** | **-** |   | **$** | **(23,895.75** | **)** | **$** | **(12,500.00** | **)** | **$** | **(36,846.75** | **)** |
|                                                                                                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| **BASIC                NET LOSS PER SHARE**                                                                              |   |   | **($0.01** | **)** | **$** | **0.00** |   |   | **($0.01** | **)** |   | **($0.01** | **)** |   | **($0.02** | **)** |
|                                                                                                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| **WEIGHTED                AVERAGE****NUMBER****OF****COMMON                SHARES****OUTSTANDING,                BASIC** |   |   | **2,000,000** |   |   | **2,000,000** |   |   | **2,000,000** |   |   | **2,000,000** |   |   | **2,000,000** |   |

**The      accompanying notes are an integral part of the financial      statements.**

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| **Plastron                Acquisition Corp. I****A                Development Stage Company****STATEMENT                OF STOCKHOLDERS’ EQUITY (DEFICIT)** |   |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
|                                                                                                                                                              |   |
|                                                                                                                                                              |   |   |   |   |   | Additional                Paid-in Capital |   | (Deficit)                Accumulated During the Development Stage |   | Total                Stockholders Deficit |   |
|                                                                                                                                                              |   | Preferred                Stock |   | Common                Stock |   |
|                                                                                                                                                              |   | Shares |   | Amount |   | Shares |   | Amount |   |
| **BALANCES                AT JANUARY 24, 2006, (INCEPTION)**                                                                                                      |   |   | - |   | $ | - |   |   | - |   | $ | - |   | $ | - |   | $ | - |   | $ | - |   |
| Issuance                of common stock for cash at $.015                per share                                                                                |   |   | - |   |   | - |   |   | 2,000,000 |   | $ | 200 |   | $ | 29,800 |   |   | - |   | $ | 30,000 |   |
| Net                (loss)                                                                                                                                         |   |   | - |   |   | - |   |   | - |   |   | - |   |   | - |   |   | (12,951 | ) |   | (12,951 | ) |
| **BALANCES                AT DECEMBER 31, 2006**                                                                                                                  |   |   | - |   | $ | - |   |   | 2,000,000 |   | $ | 200 |   | $ | 29,800 |   |   | ($12,951 | ) | $ | 17,049 |   |
|                                                                                                                                                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net                (loss)                                                                                                                                         |   |   | - |   |   | - |   |   | - |   |   | - |   |   | - |   |   | (23,896 | ) |   | (23,896 | ) |
| **BALANCES                AT SEPTEMBER 30, 2007**                                                                                                                 |   |   | - |   | $ | - |   |   | 2,000,000 |   | $ | 200 |   | $ | 29,800 |   |   | (36,847 | ) |   | (6,847 | ) |

**The      accompanying notes are an integral part of the financial      statements.**

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| **Plastron                  Acquisition Corp. I** |
|---------------------------------------------------|
| **A                  Development Stage Company**  |
| **STATEMENTS                  OF CASH FLOWS**     |

|                                                                  |   | **January                  1, 2007**    |        | **January                  24, 2006**   |   | **January                  24, 2006**   |   |
|-----------------------------------------------------------------------|--------|-----------------------------------------|-------------|-----------------------------------------|--------|-----------------------------------------|--------|
|                                                                  |   | **to**                                  |        | **(Inception)                  to**     |   | **(Inception)                  to**     |   |
|                                                                  |   | **September                  30, 2007** |        | **September                  30, 2006** |   | **September                  30, 2007** |   |
|                                                                  |   | **(Unaudited)**                         |        | **(Unaudited)**                         |   | **(Unaudited)**                         |   |
| **CASH                  FLOWS FROM OPERATING ACTIVITIES:**            |   |                          |        |                          |   |                                    |   |
| Net                  loss                                             |   |                                    | **(23,896** | **)**                                   |   | **(12,500**                             | **)**  |   | **($36,847** | **)** |
| Adjustments                  to reconcile net (loss) to net cash used |   |                                    |             |                                    |   |                                         |   |   |  |   |
| in                  operating activities:                             |   |                                    |             |                                    |   |                                         |   |   |   |   |
| Changes                  in operating liabilities:                    |   |                                    |             |                                    |   |                                         |   |   |  |   |
| Increase                  in accrued liabilities                      |   |                                    | 375         |                                    |   | -                                       |   |   | 826 |   |
| **Net                  cash used in operating activities**            |   |                                    | **(23,521** | **)**                                   |   | **(12,500**                             | **)**  |   | **(36,021** | **)** |
|                                                                  |   |                                    |             |                                    |   |                                         |   |   |  |   |
| **CASH                  FLOWS FROM FINANCING ACTIVITIES:**            |   |                                    |             |                                    |   |                                         |   |   |  |   |
| Proceeds                  from issuance of common stock               |   |                                    | -           |                                    |   | -                                       |   |   | 30,000 |   |
| Proceeds                  from loan - related party                   |   |                                    | -           |                                    |   | 12,500                                  |   |   | 12,500 |   |
| **Net                  cash provided by financing activities**        |   |                                    | **-**       |                                    |   | **12,500**                              |   |   | **42,500** |   |
|                                                                  |   |                                    |             |                                    |   |                                         |   |   |  |   |
| **NET                  INCREASE IN CASH AND CASH****EQUIVALENTS**     |   |                                    | **(23,521** | **)**                                   |   | **-**                                   |   |   | **6,479** |   |
|                                                                  |   |                                    |             |                                    |   |                                         |   |   |  |   |
| Cash                  and cash equivalents at beginning of period     |   |                                    | **30,000**  |                                    |   | **-**                                   |   |   | **-** |   |
|                                                                  |   |                                    |             |                                    |   |                                         |   |   |  |   |
| **CASH                  AND CASH EQUIVALENTS AT END OF****PERIOD**    |   | **$**                                   | **6,479**   |                                    |   | **-**                                   |   | **$** | **6,479** |   |

**The      accompanying notes are an integral part of the financial      statements.**

----

**PLASTRON      ACQUISITION CORP. I**

**A      Development Stage Company**

**NOTES      TO FINANCIAL STATEMENTS**

**NOTE      1 -**
**ORGANIZATION      AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES:**

***(a)***
***Organization      and Business:***

***(b)***
***Basis      of Presentation:***

----

**PLASTRON      ACQUISITION CORP. I**

**A      Development Stage Company**

**NOTES      TO FINANCIAL STATEMENTS**

**NOTE      1 -**
**ORGANIZATION      AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES      (Continued):**

***(c)***
***Use      of Estimates:***

***(d)***
***Cash      and Cash Equivalents:***

***(e)***
***Income      Taxes:***

***(f)***
***Loss      per Common Share:***

***(g)***
***Fair      Value of Financial Instruments:***

----

**PLASTRON      ACQUISITION CORP. I**

**A      Development Stage Company**

**NOTES      TO FINANCIAL STATEMENTS**

**NOTE      2 -**
**NOTE      PAYABLE - RELATED PARTY**

**NOTE      3 -**
**STOCKHOLDERS’      EQUITY (DEFICIT)**

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**Item      2. Management’s Discussion and Analysis of Financial Condition and Results of      Operations. **

***Results      of Operations***

***Liquidity      and Capital Resources***

| Operating                  activities |   | $      | (36,021 | )      |
|---------------------------------------|--------|--------|---------|--------|
| Investing                  activities |   |   | -       |   |
| Financing                  activities |   | $      | 42,500  |   |
|                                  |   |   |         |   |
| Net                  effect on cash   |   | $      | 6,479   |   |

***Plan      of Operations***

----

***Off-Balance      Sheet Arrangements***

** **

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**Item      3. Controls and Procedures.**

**PART      II — OTHER INFORMATION**

**Item      1. Legal Proceedings.**

**Item      2. Unregistered Sales of Equity Securities and Use of Proceeds.**

**Item      3. Defaults Upon Senior Securities.**

**Item      4. Submission of Matters to a Vote of Security Holders.**

**Item      5. Other Information.**

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**Item      6. Exhibits.**

| Exhibit                  No. | Description                                                                                                                                                                                                                                                                                                                                                       |
|------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                         |                                                                                                                                                                                                                                                                                                                                                              |
| *3.1                         | Certificate                  of Incorporation, as filed with the Delaware Secretary of State                  on January                  24, 2006.                                                                                                                                                                                                               |
|                         |                                                                                                                                                                                                                                                                                                                                                              |
| *3.2                         | By-Laws.                                                                                                                                                                                                                                                                                                                                                          |
|                         |                                                                                                                                                                                                                                                                                                                                                              |
| 31.1                         | Certification                  of the Company’s Principal Executive Officer and Principal Financial                  Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002,                  with                  respect to the registrant’s Quarterly Report on Form 10-QSB for the                  quarter ended September 30, 2007. |
|                         |                                                                                                                                                                                                                                                                                                                                                              |
| 32.1                         | Certification                  of the Company’s Principal Executive Officer and Principal Financial                  Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant                  to Section                  906 of the Sarbanes Oxley Act of                  2002.                                                                   |

| * | Filed                as an exhibit to the Company's Registration Statement on Form 10-SB,                as                filed with the Securities and Exchange Commission on May 15, 2007,                and                incorporated herein by this                reference. |
|---|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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**SIGNATURES**

|                                   |                                                             |                          |
|----------------------------------------|------------------------------------------------------------------|-------------------------------|
| Dated:                October 24, 2007 | **PLASTRON              ACQUISITION CORP. I**                    |
|                              |                                                        |                     |
|                                   | By:                                                    | /s/              Michael Rapp |
|                                   | Name:                Michael RappTitle:                President |

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