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

**Washington,      D.C. 20549**

**FORM      10-Q**

**NEW      VENTURE HOLDINGS, INC.**

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| Nevada                                                                        |   | 98-0535535                                          |
|-------------------------------------------------------------------------------|--------|-----------------------------------------------------|
| (State                or other jurisdiction of incorporation or organization) |   | (I.R.S.                Employer Identification No.) |

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| Large                accelerated filer o                                                                 | Accelerated                filer o         |
|----------------------------------------------------------------------------------------------------------|--------------------------------------------|
| Non-accelerated                filer o (Do                not check if a smaller reporting company) | Smaller                reporting company x |

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**PART        I — FINANCIAL INFORMATION**

| Item 1. | Financial                Statements                                                                                                                     |   |                       |
|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------|--------|----------------------------|
|    |                                                                                                                                                    |   |                       |
|    | Unaudited Balance Sheet as of March                31,                2008                                                                              |   | F-1                        |
|    |                                                                                                                                                    |   |                       |
|    | Unaudited Statement of Operations                for the                three months ended March 31, 2008 and                the period since inception |   | F-2                        |
|    |                                                                                                                                                    |   |                       |
|    | Unaudited Statement of Stockholders’                Deficiency for the period since inception                                                     |   | F-3                        |
|    |                                                                                                                                                    |   |                       |
|    | Unaudited Statement of Cash Flows                for the                three months ended March 31, 2008 and                the period since inception |   | F-4                        |
|    |                                                                                                                                                    |   |                       |
|    | Notes to the Unaudited Financial                Statements                                                                                              |   | F-5                  - F-6 |

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| **New                      Venture Holdings                      Inc.****(A                      Development Stage Company)****Unaudited                      Balance Sheets****As                      of March 31, 2008 and December 31,                      2007** |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                                                                                                       |   | **March                  31** |    | **December                  31** |   |
|------------------------------------------------------------------------------------------------------------|--------|-------------------------------|---------|----------------------------------|--------|
|                                                                                                       |   | **2008**                      |    | **2007**                         |   |
| **ASSETS**                                                                                                 |   |
|                                                                                                       |   |                          |    |                             |   |
| CURRENT                  ASSETS                                                                            |   |                          |    |                             |   |
| Cash                  and Cash Equivalents                                                                 |   | $                             | 3,090   |                             | $      | 4,724 |   |
| Prepaid                  Expenses - Note 2                                                                 |   |                          | 600     |                             |   | 600 |   |
|                                                                                                       |   |                          |    |                             |   |   |   |
| TOTAL                  CURRENT ASSETS                                                                      |   |                          | 3,690   |                             |   | 5,324 |   |
|                                                                                                       |   |                          |    |                             |   |   |   |
| TOTAL                  ASSETS                                                                              |   | $                             | 3,690   |                             | $      | 5,324 |   |
|                                                                                                       |   |                          |    |                             |   |   |   |
| **LIABILITIES                  AND STOCKHOLDERS' DEFICIT**                                                 |
|                                                                                                       |   |                          |    |                             |   |   |   |
| CURRENT                  LIABILITIES                                                                       |   |                          |    |                             |   |   |   |
| Accounts                  Payable and accrued liabilities                                                  |   | $                             | 7,019   |                             | $      | -- |   |
| Shareholder                  Loans - Note 2                                                                |   |                          | 30,000  |                             |   | 30,000 |   |
|                                                                                                       |   |                          |    |                             |   |   |   |
| TOTAL                  CURRENT LIABILITIES                                                                 |   |                          | 37,019  |                             |   | 30,000 |   |
|                                                                                                       |   |                          |    |                             |   |   |   |
| TOTAL                  LIABILITIES                                                                         |   |                          | 37,019  |                             |   | 30,000 |   |
|                                                                                                       |   |                          |    |                             |   |   |   |
| STOCKHOLDERS'                  DEFICIT                                                                     |   |                          |    |                             |   |   |   |
|                                                                                                       |   |                          |    |                             |   |   |   |
| Capital                  Stock - Note 3                                                                    |   |                          |    |                             |   |   |   |
| Common                stock:                5,000,000 authorized shares, with par value of $0.001          |   |                          |    |                             |   |   |   |
| Preferred                  stock: 100,000,000 authorized shares, with par value of                  $0.001 |   |                          |    |                             |   |   |   |
| 2,500,000                  common shares issued and outstanding                                            |   |                          | 2,500   |                             |   | 2,500 |   |
| Additional                  Paid-in-Capital                                                                |   |                          | 2,850   |                             |   | 2,850 |   |
| Deficit                  Accumulated During the Development Stage                                          |   |                          | (38,679 | )                                |   | (30,026 | ) |
|                                                                                                       |   |                          |    |                             |   |   |   |
| TOTAL                  STOCKHOLDERS' DEFICIT                                                               |   |                          | (33,329 | )                                |   | (24,676 | ) |
|                                                                                                       |   |                          |    |                             |   |   |   |
| TOTAL                  LIABILITIES AND STOCKHOLDERS' DEFICIT                                               |   | $                             | 3,690   |                             | $      | 5,324 |   |
|                                                                                                       |   |                          |    |                             |   |   |   |
| Going                  Concern - Note 1                                                                    |   |                          |    |                             |   |   |   |

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| **New                    Venture Holdings Inc.****(A                    Development Stage Company)****Unaudited                    Statement of Operations****For                    the three months ended March 31, 2008****and                    the period from March 13, 2007 (Date of Inception) to March 31,                    2008** |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                                                               |   | **For                  the3 months ended****March                  31, 2008** |      | **Accumulatedfor****theperiod                  from****March                  13, 2007****(Date                  of Inception) to March 31, 2008** |   |
|--------------------------------------------------------------------|--------|-------------------------------------------------------------------------------|-----------|----------------------------------------------------------------------------------------------------------------------------------------------------|--------|
|                                                               |   |                                                                          |      |                                                                                                                                               |   |
| REVENUE:                                                           |   |                                                                          |      |                                                                                                                                               |   |
| Gross                  revenue                                     |   | $                                                                             | -         |                                                                                                                                               | $      | - |   |
|                                                               |   |                                                                          |      |                                                                                                                                               |   |   |   |
| OPERATING                  EXPENSES:                               |   |                                                                          |      |                                                                                                                                               |   |   |   |
| Accounting                  & audit fee                        |   |                                                                          | 4,000     |                                                                                                                                               |   | 9,885 |   |
| Incorporation                  costs                               |   |                                                                          | -         |                                                                                                                                               |   | 1,500 |   |
| Legal                  fee                                         |   |                                                                          | 2,500     |                                                                                                                                               |   | 9,017 |   |
| Management                  fee                                    |   |                                                                          | -         |                                                                                                                                               |   | 4,750 |   |
| General                  & administration                      |   |                                                                          | 2,153     |                                                                                                                                               |   | 13,527 |   |
| TOTAL                  OPERATING EXPENSES                          |   |                                                                          | (8,653    | )                                                                                                                                                  |   | (                  38,679 | ) |
|                                                               |   |                                                                          |      |                                                                                                                                               |   |   |   |
| NET                  LOSS                                          |   | $                                                                             | (8,653    | )                                                                                                                                                  | $      | (38,679 | ) |
|                                                               |   |                                                                          |      |                                                                                                                                               |   |   |   |
| BASIC                  AND FULLY DILUTED NET LOSS PER COMMON SHARE |   | $                                                                             | (.00      | )                                                                                                                                                  | $      | (.01 | ) |
|                                                               |   |                                                                          |      |                                                                                                                                               |   |   |   |
| WEIGHTED                  AVERAGE COMMON SHARES OUTSTANDING        |   |                                                                          | 2,500,000 |                                                                                                                                               |   | 2,427,273 |   |

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| **New                    Venture Holdings Inc.****(A                    Development Stage Company)****Unaudited                  Statement of Stockholders’ Deficiency****For                    the period from March 13, 2007****(Date                    of Inception)****To                    March 31, 2008** |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                                                         |   | Note                    1       |      | Additional                 |   |        |   |    |   |
|--------------------------------------------------------------|--------|---------------------------------|-----------|----------------------------|--------|-------------|--------|---------|--------|
|                                                         |   | Common                    Stock |      | Paid                    in |   | Accumulated |   |    |   |
|                                                         |   | Shares                          |      | Amount                     |   | Capital     |   | Deficit |   | Total |   |
| Balance,                    March 13, 2007                   |   |                            | ---       |                       | $      | ---         |   | $       | ---    |   | $ | --- |   | $ | --- |   |
| Issued                    for services                       |   |                            | 1,900,000 |                       |   | 1,900       |   |    | 2,850  |   |   | --- |   |   | 4,750 |   |
| Issued                    for prepayment of interest on debt |   |                            | 600,000   |                       |   | 600         |   |    | ---    |   |   | --- |   |   | 600 |   |
| Net                    loss for period                       |   |                            | ---       |                       |   | ---         |   |    | ---    |   |   | (30,026 | ) |   | (30,026 | ) |
| Balance,                    December 31, 2007                |   |                            | 2,500,000 |                       |   | 2,500       |   |    | 2,850  |   |   | (30,026 | ) |   | (24,676 | ) |
|                                                         |   |                            |      |                       |   |        |   |    |   |   |   |   |   |   |   |   |
| Net                    loss for the period                   |   |                            | ---       |                       |   | ---         |   |    | ---    |   |   | (8,653 | ) |   | (8,653 | ) |
| Balance,                    March 31, 2008                   |   |                            | 2,500,000 |                       | $      | 2,500       |   | $       | 2,850  |   | $ | (38,679 | ) | $ | (33,329 | ) |

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| **New                        Venture Holdings Inc.****(A                        Development Stage Company)****Unaudited                        Statement of Cash Flows****For                        the three months ended March 31, 2008****and                        the period from March 13, 2007****(Date                        of Inception)****to                        March 31, 2008** |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                                                                                    |   | **For                  the3 months ended****March                  31, 2008** |   | **Accumulatedfor****the                  period from****March                  13, 2007****(Date                  of Inception) to****March                  31, 2008** |   |
|-----------------------------------------------------------------------------------------|--------|-------------------------------------------------------------------------------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
|                                                                                    |   |                                                                          |   |                                                                                                                                                                    |   |
| CASH                  FLOWS FROM OPERATING ACTIVITIES:                                  |   |                                                                          |   |                                                                                                                                                                    |   |
| Net                  loss for the period                                                |   | $                                                                             | (8,653 | )                                                                                                                                                                       | $      | (38,679 | ) |
| Items                  not involving an outlay of funds                                 |   |                                                                          |   |                                                                                                                                                                    |   |   |   |
| Management                  fees                                                        |   |                                                                          | -      |                                                                                                                                                                    |   | 4,750 |   |
| Cash                  provided by (used in) changes in operating assets and liabilities |   |                                                                          |   |                                                                                                                                                                    |   |   |   |
| Accounts                  Payable and accrued liabilities                               |   |                                                                          | 7,019  |                                                                                                                                                                    |   | 7,019 |   |
| NET                  CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES                    |   |                                                                          | (1,634 | )                                                                                                                                                                       |   | (26,910 | ) |
|                                                                                    |   |                                                                          |   |                                                                                                                                                                    |   |   |   |
| CASH                  FLOWS FROM FINANCING ACTIVITIES:                                  |   |                                                                          |   |                                                                                                                                                                    |   |   |   |
| Shareholder                  Loan                                                       |   |                                                                          | -      |                                                                                                                                                                    |   | 30,000 |   |
| NET                  CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES                    |   |                                                                          | -      |                                                                                                                                                                    |   | 30,000 |   |
|                                                                                    |   |                                                                          |   |                                                                                                                                                                    |   |   |   |
| NET                  INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS                   |   |                                                                          | (1,634 | )                                                                                                                                                                       |   | 3,090 |   |
| CASH                  AND CASH EQUIVALENTS, BEGINNING OF THE PERIOD                     |   |                                                                          | 4,724  |                                                                                                                                                                    |   | - |   |
|                                                                                    |   |                                                                          |   |                                                                                                                                                                    |   |   |   |
| CASH                  AND CASH EQUIVALENTS, END OF THE PERIOD                           |   | $                                                                             | 3,090  |                                                                                                                                                                    | $      | 3,090 |   |
|                                                                                    |   |                                                                          |   |                                                                                                                                                                    |   |   |   |
| SUPPLEMENTED                  DISCLOSURE OF CASH FLOW INFORMATION:                      |   |                                                                          |   |                                                                                                                                                                    |   |   |   |
| Cash                  paid for:                                                         |   |                                                                          |   |                                                                                                                                                                    |   |   |   |
| Interest                                                                                |   | $                                                                             | -      |                                                                                                                                                                    | $      | - |   |
| Income                  taxes                                                           |   |                                                                          | -      |                                                                                                                                                                    | $      | - |   |
| Non-cash                  financing activities                                          |   |                                                                          |   |                                                                                                                                                                    |   |   |   |
| Shares                  issued for management fees                                      |   | $                                                                             | -      |                                                                                                                                                                    | $      | 4,750 |   |
| Shares                  issued for prepaid interest                                     |   | $                                                                             | -      |                                                                                                                                                                    | $      | 600 |   |

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**NEW          VENTURE HOLDINGS, INC.**

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**NEW            VENTURE HOLDINGS, INC.**

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

| ·   | will                significantly reduce the equity interest of our stockholders;                and |
|--------------------|------------------------------------------------------------------------------------------------------|
| ·   | will                cause a change in likely result in the resignation or removal of                one or                more of our present officers and                directors. |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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**Item        3. Quantitative and Qualitative Disclosures About Market Risk.**

**Item        4. Controls and Procedures. **

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**Item        4T. Controls and Procedures. **

**PART        II—OTHER INFORMATION**

**Item        1. Legal Proceedings.**

**Item        1A. Risk Factors. **

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

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

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

**Item        5. Other Information. **

**Item        6. Exhibits.**

|   | Exhibit | Description |
|--------|---------|-------------|
|   |   |   |
|--------|--------|--------|
|  | 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 March 31,                  2008. |
|--|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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

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**SIGNATURES**

|                            |                                                                                                      |                                   |
|---------------------------------|-----------------------------------------------------------------------------------------------------------|----------------------------------------|
|                            | **NEW              VENTURE HOLDINGS, INC.**                                                               |
|                       |                                                                                                 |                              |
| Date:              May 12, 2008 | By:                                                                                             | /s/ Vanleo              Y.W. Fung |
|                            | Vanleo              Y.W. Fung,                                                                            |
|                            | President,              Chief              Executive Officer and              Principal Financial Officer |

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