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

**WASHINGTON,      D.C. 20549**

**_________________________**

**FORM      10-QSB**

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

**For      the quarterly period ended March 31, 2007**

| **o** | TRANSITION                  REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE                  ACT |
|-------|---------------------------------------------------------------------------------------------------|

**Commission      File Number: 0-21419**

**clickNsettle.com,      Inc. **

**(Exact      Name of Small Business Issuer as Specified in Its      Charter)**

| **Delaware**                                     |   | **23-2753988**                     |
|--------------------------------------------------|--------|------------------------------------|
| (State                or Other Jurisdiction      |   | (I.R.S.                Employer    |
| of                Incorporation or Organization) |   | Identification                No.) |

**990      Stewart Avenue, First Floor**

**GARDEN      CITY, NEW YORK 11530**
** **

**(Address      of Principal Executive Offices)**

**(516)      794-8950 **

**(Issuer’s      Telephone Number, Including Area Code)**

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|                                                                                                                                                  |   | Page   |   |
|-------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|--------|
| PART                I. FINANCIAL INFORMATION                                                                                                          |   |   |   |   |
|                                                                                                                                                  |   |   |   |   |
| ITEM                1. FINANCIAL STATEMENTS                                                                                                           |   |   |   |   |
|                                                                                                                                                  |   |   |   |   |
| Balance                Sheets at March 31, 2007 (unaudited) and June 30, 2006                                                                         |   |   | 3      |   |
|                                                                                                                                                  |   |   |   |   |
| Statements                of Operations for the three and nine month periods ended March 31,                2007                and 2006 (unaudited)  |   |   | 4      |   |
|                                                                                                                                                  |   |   |   |   |
| Statements                of Changes in Stockholders’ Equity for the nine month periods ended March                31,2007 and 2006 (unaudited) |   |   | 5      |   |
|                                                                                                                                                  |   |   |   |   |
| Statements                of Cash Flows for the nine month periods ended March 31, 2007 and                2006                (unaudited)            |   |   | 6      |   |
|                                                                                                                                                  |   |   |   |   |
| Notes                to Financial Statements                                                                                                          |   |   | 7      |   |
|                                                                                                                                                  |   |   |   |   |
| ITEM                2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND                RESULTS/PLAN OF OPERATIONS                      |   |   | 9      |   |
|                                                                                                                                                  |   |   |   |   |
| ITEM                3. CONTROLS AND PROCEDURES                                                                                                        |   |   | 13     |   |
|                                                                                                                                                  |   |   |   |   |
| PART                II. OTHER INFORMATION                                                                                                             |   |   |   |   |
|                                                                                                                                                  |   |   |   |   |
| ITEM                1. LEGAL PROCEEDINGS                                                                                                              |   |   | 14     |   |
|                                                                                                                                                  |   |   |   |   |
| ITEM                2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE                OF PROCEEDS                                                     |   |   | 14     |   |
|                                                                                                                                                  |   |   |   |   |
| ITEM                3. DEFAULTS UPON SENIOR SECURITIES                                                                                                |   |   | 14     |   |
|                                                                                                                                                  |   |   |   |   |
| ITEM                4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS                                                                            |   |   | 14     |   |
|                                                                                                                                                  |   |   |   |   |
| ITEM                5. OTHER INFORMATION                                                                                                              |   |   | 14     |   |
|                                                                                                                                                  |   |   |   |   |
| ITEM                6. EXHIBITS AND REPORTS ON FORM 8-K                                                                                               |   |   | 14     |   |
|                                                                                                                                                  |   |   |   |   |
| SIGNATURES                                                                                                                                            |   |   | 16     |   |

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| clickNsettle.com,                  Inc. |
|-----------------------------------------|
| BALANCE                  SHEETS         |

|                                                                               |   | March                  31, |            | June                  30,          |   |
|------------------------------------------------------------------------------------|--------|----------------------------|-----------------|------------------------------------|--------|
|                                                                               |   | 2007                       |            | 2006                               |   |
|                                                                               |   |                       |            | (derived                  from     |   |
|                                                                               |   |                       |            | audited                  financial |   |
|                                                                               |   |                       |            | statements)                        |   |
| ASSETS                                                                             |   |                       |            |                               |   |
|                                                                               |   |                       |            |                               |   |
| CURRENT                  ASSETS                                                    |   |                       |            |                               |   |
| Cash                  and cash equivalents                                         |   | **$**                      | **89,193**      |                               | $      | 129,220 |   |
| Prepaid                  expenses and other current assets                         |   |                       | **6,230**       |                               |   | 12,278 |   |
|                                                                               |   |                       |            |                               |   |   |   |
|                                                                               |   | **$**                      | **95,423**      |                               | $      | 141,498 |   |
|                                                                               |   |                       |            |                               |   |   |   |
| LIABILITIES                  AND STOCKHOLDERS' EQUITY                              |   |                       |            |                               |   |   |   |
|                                                                               |   |                       |            |                               |   |   |   |
| CURRENT                  LIABILITIES                                               |   |                       |                 |                               |   |   |   |
| Accounts                  payable                                                  |   | **$**                      | **632**         |                               | $      | 8,073 |   |
| Accrued                  expenses and other liabilities                            |   |                       | **20,269**      |                               |   | 16,500 |   |
|                                                                               |   |                       |            |                               |   |   |   |
| Total                  current liabilities                                         |   |                       | **20,901**      |                               |   | 24,573 |   |
|                                                                               |   |                       |            |                               |   |   |   |
| COMMITMENTS                  AND CONTINGENCIES (See Notes)                         |   |                       |            |                               |   |   |   |
|                                                                               |   |                       |            |                               |   |   |   |
| STOCKHOLDERS'                  EQUITY                                              |   |                       |            |                               |   |   |   |
| Preferred                  stock - $.001 par value; 5,000,000 shares authorized;   |   |                       |            |                               |   |   |   |
| 0                  shares issued                                                   |   |                       |            |                               |   |   |   |
| Common                  stock - $.001 par value; 300,000,000 and 25,000,000 shares |   |                       |            |                               |   |   |   |
| authorized,                  respectively; 10,181,704 shares issued (See Note 6)   |   |                       | **10,182**      |                               |   | 10,182 |   |
| Additional                  paid-in capital                                        |   |                       | **10,228,557**  |                               |   | 10,212,757 |   |
| Accumulated                  deficit                                               |   |                       | **(10,080,299** | **)**                              |   | (10,022,096 | ) |
| Common                  stock in treasury at cost, 252,492 shares                  |   |                       | **(83,918**     | **)**                              |   | (83,918 | ) |
|                                                                               |   |                       |            |                               |   |   |   |
| Total                  stockholders' equity                                        |   |                       | **74,522**      |                               |   | 116,925 |   |
|                                                                               |   |                       |            |                               |   |   |   |
|                                                                               |   | **$**                      | **95,423**      |                               | $      | 141,498 |   |

| *The                  accompanying notes are an integral part of these                  statements.* |
|------------------------------------------------------------------------------------------------------|

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| clickNsettle.com,                  Inc.               |
|-------------------------------------------------------|
| STATEMENTS                  OF OPERATIONS (UNAUDITED) |

|                                                                     |   | Three                  months ended March 31, |          | Nine                  months ended March 31, |   |
|--------------------------------------------------------------------------|--------|-----------------------------------------------|---------------|----------------------------------------------|--------|
|                                                                     |   | **2007**                                      |          | 2006                                         |   | **2007** |   | 2006 |   |
| Net                  revenues                                            |   |                                          | **-**         |                                         |   | - |   |   | **-** |   |   | - |   |
|                                                                     |   |                                          |          |                                         |   |   |   |   |   |   |   |   |   |
| General                  and administrative expenses                     |   | **$**                                         | **16,418**    |                                         |   | 24,034 |   | **$** | **61,533** |   | $ | 86,811 |   |
|                                                                     |   |                                          |          |                                         |   |   |   |   |   |   |   |   |   |
| Interest                  income, net                                    |   |                                          | **1,071**     |                                         |   | 1,348 |   |   | **3,330** |   |   | 3,945 |   |
|                                                                     |   |                                          |          |                                         |   |   |   |   |   |   |   |   |   |
| NET                  LOSS                                                |   | **$**                                         | **(15,347**   | **)**                                        | $      | (22,686 | ) | **$** | **(58,203** | **)** | $ | (82,866 | ) |
|                                                                     |   |                                          |          |                                         |   |   |   |   |   |   |   |   |   |
| Net                  loss per common share - basic and diluted           |   | **$**                                         | **(0.00**     | **)**                                        | $      | (0.00 | ) | **$** | **(0.01** | **)** | $ | (0.01 | ) |
|                                                                     |   |                                          |          |                                         |   |   |   |   |   |   |   |   |   |
| Weighted-average                  shares outstanding - basic and diluted |   |                                          | **9,929,212** |                                         |   | 9,929,056 |   |   | **9,929,212** |   |   | 9,929,056 |   |

| *The                  accompanying notes are an integral part of these                  statements.* |
|------------------------------------------------------------------------------------------------------|

----

| clickNsettle.com,                  Inc.                                                 |
|-----------------------------------------------------------------------------------------|
| **STATEMENTS                  OF CHANGES IN STOCKHOLDERS' EQUITY**                      |
| Nine                  months ended March 31, 2007 and 2006                  (unaudited) |

|                                                                                                        |   |                          |           |    |   | Additional   |   |                      |           | Common        |   | Total           |   |
|-------------------------------------------------------------------------------------------------------------|--------|-------------------------------|----------------|---------|--------|--------------|--------|---------------------------|----------------|---------------|--------|-----------------|--------|
|                                                                                                        |   | Common                  stock |           | paid-in |   | Accumulated  |   | stock                  in |           | stockholders' |   |
|                                                                                                        |   | Shares                        |           | Amount  |   | capital      |   | deficit                   |           | treasury      |   | equity          |   |
| Balances                  at July 1, 2005                                                                   |   |                          | 10,181,554     |    | $      | 10,182       |   | $                         | 10,179,757     |          | $      | (9,929,292      | )      | $ | (83,918 | ) | $ | 176,729 |   |
| Imputed                  contribution to capital for accounting services provided by                  Buyer |   |                          |           |    |   |         |   |                      | 29,000         |          |   |            |   |   |   |   |   | 29,000 |   |
| Net                  loss                                                                                   |   |                          |      |    |   |    |   |                      |      |          |   | (82,866         | )      |   |    |   |   | (82,866 | ) |
|                                                                                                        |   |                          |           |    |   |         |   |                      |           |          |   |            |   |   |   |   |   |   |   |
| Balances                  at March 31, 2006                                                                 |   |                          | 10,181,554     |    | $      | 10,182       |   | $                         | 10,208,757     |          | $      | (10,012,158     | )      | $ | (83,918 | ) | $ | 122,863 |   |
|                                                                                                        |   |                          |           |    |   |         |   |                      |           |          |   |            |   |   |   |   |   |   |   |
| Balances                  at July 1, 2006                                                                   |   |                          | 10,181,554     |    | $      | 10,182       |   | $                         | 10,212,757     |          | $      | (10,022,096     | )      | $ | (83,918 | ) | $ | 116,925 |   |
| Increase                  in shares issued due to reconciliation with transfer agent                        |   |                          | 150            |    |   |         |   |                      |           |          |   |            |   |   |   |   |   |   |   |
| Imputed                  contribution to capital for accounting services provided by                  Buyer |   |                          |           |    |   |         |   |                      | 15,800         |          |   |            |   |   |   |   |   | 15,800 |   |
| Net                  loss                                                                                   |   |                          |      |    |   |    |   |                      |           |          |   | (58,203         | )      |   |    |   |   | (58,203 | ) |
|                                                                                                        |   |                          |           |    |   |         |   |                      |           |          |   |            |   |   |   |   |   |   |   |
| **Balances                  at March 31, 2007**                                                             |   |                          | **10,181,704** |    | **$**  | **10,182**   |   | **$**                     | **10,228,557** |          | **$**  | **(10,080,299** | **)**  | **$** | **(83,918** | **)** | **$** | **74,522** |   |

| The                  accompanying notes are an integral part of these                  statements. |
|----------------------------------------------------------------------------------------------------|

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| clickNsettle.com,                  Inc.               |
|-------------------------------------------------------|
| STATEMENTS                  OF CASH FLOWS (unaudited) |
| Nine                  months ended March 31,          |

|                                                                                                         |   | **2007** |         | 2006   |   |
|--------------------------------------------------------------------------------------------------------------|--------|----------|--------------|--------|--------|
| Cash                  flows from operating activities                                                        |   |     |         |   |   |
| Net                  loss                                                                                    |   | **$**    | **(58,203**  | **)**  | $      | (82,866 | ) |
| Adjustments                  to reconcile net loss to net cash used in operating                             |   |     |         |   |   |   |   |
| activities                                                                                                   |   |     |         |   |   |   |   |
| Imputed                  contribution to capital for accounting services provided by                  Buyer  |   |     | **15,800**   |   |   | 29,000 |   |
| Changes                  in operating assets and liabilities                                                 |   |     |         |   |   |   |   |
| Decrease                  in prepaid expenses and other current assets                                       |   |     | **6,048**    |   |   | 9,122 |   |
| (Decrease)                  in amount due to related party buyer of discontinued                  operations |   |     | **-**        |   |   | (622,083 | ) |
| (Decrease)                  in accounts payable, accrued expenses and other liabilities                      |   |     | **(3,672**   | **)**  |   | (70,809 | ) |
| Net                  cash used in operating activities                                                       |   |     | **(40,027**  | **)**  |   | (737,636 | ) |
|                                                                                                         |   |     |         |   |   |   |   |
| Cash                  flows from investing activities                                                        |   |     |    |   |   |    |   |
| Net                  cash provided by investing activities                                                   |   |     | **-**        |   |   | - |   |
|                                                                                                         |   |     |         |   |   |   |   |
| Cash                  flows from financing activities                                                        |   |     |    |   |   |    |   |
| Net                  cash provided by financing activities                                                   |   |     | **-**        |   |   | - |   |
|                                                                                                         |   |     |         |   |   |   |   |
| NET                  DECREASE IN CASH AND CASH EQUIVALENTS                                                   |   |     | **(40,027**  | **)**  |   | (737,636 | ) |
|                                                                                                         |   |     |         |   |   |   |   |
| Cash                  and cash equivalents at beginning of period                                            |   |     | **129,220**  |   |   | 870,684 |   |
|                                                                                                         |   |     |         |   |   |   |   |
| Cash                  and cash equivalents at end of period                                                  |   | **$**    | **89,193**   |   | $      | 133,048 |   |

| *The                  accompanying notes are an integral part of these                  statements.* |
|------------------------------------------------------------------------------------------------------|

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*** ***

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**MANAGEMENT'S      DISCUSSION AND ANALYSIS**
**OF      FINANCIAL **
**CONDITION      AND RESULTS/PLAN OF OPERATIONS**

*We*
*      face      risks. These risks include those described below and may include additional      risks of which we are not currently aware or which we currently do not believe      are material. If any of the events or circumstances described in the following      risks actually occur, our financial condition or results of operations could      be      adversely affected. These risks should be read in conjunction with the other      information set forth in this report. *

**We      do Not have an Operating Business and if the Company Acquires a New Business,      the Shareholders will Suffer Significant Dilution**

**We      have No Revenues but we Continue to have Costs and Expenses and we have Going      Concern Considerations**

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**Our      Current Stockholders Have the Ability to Exert Significant Control**

**Our      Common Stock is Traded on the NASD OTC Electronic Bulletin Board and is subject      to the Penny Stock Rules**

**RESULTS/PLAN      OF OPERATIONS**

**Selection      of a Business**

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**Acquisition      of a Business**

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**Liquidity      and Capital Resources**

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**CONTROLS      AND PROCEDURES**

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**PART      II **

**OTHER      INFORMATION**

| Item                  1. |   | Legal                  Proceedings.                                          |
|--------------------------|--------|------------------------------------------------------------------------------|
|                          |   | None.                                                                        |
|                     |   |                                                                         |
| Item                  2. |   | Unregistered                  Sales of Equity Securities and Use of Proceeds |
|                          |   | None.                                                                        |
|                     |   |                                                                         |
| Item                  3. |   | Defaults                  upon Senior Securities                             |
|                          |   | None.                                                                        |
|                     |   |                                                                         |
| Item                  4. |   | Submission                  of Matters to a Vote of Security Holders         |
|                          |   | None.                                                                        |
|                     |   |                                                                         |
| Item                  5. |   | Other                  Information.                                          |
|                          |   | None.                                                                        |
|                     |   |                                                                         |
| Item                  6. |   | Exhibits                  and Reports on Form 8-K.                           |

| **Exhibit**              |   |                                                                                                             |
|--------------------------|--------|------------------------------------------------------------------------------------------------------------------|
| **Number**               |   | **Description                  of Document**                                                                     |
| 3.1                  (a) |   | Certificate                  of Incorporation, as amended (1)                                                    |
|                     |   |                                                                                                             |
| 3.1                  (d) |   | Certificate                  of Amendment of Certificate of Incorporation (3)                                    |
|                     |   |                                                                                                             |
| 3.1                  (e) |   | Certificate                  of Amendment of Certificate of Incorporation, as amended                  (4)       |
|                     |   |                                                                                                             |
| 3.1                  (f) |   | Certificate                  of Amendment of Certificate of Incorporation, second amendment                  (5) |
|                     |   |                                                                                                             |
| 3.1                  (g) |   | Certificate                  of Amendment of Certificate of Incorporation, third amendment                  (6)  |
|                     |   |                                                                                                             |
| 3.2                      |   | By-Laws                  of the Company, as amended (2)                                                          |
|                     |   |                                                                                                             |
| 10.1                     |   | 1996                  Stock Option Plan, amended and restated (2)                                                |
|                     |   |                                                                                                             |
| 31.1                     |   | Rule                  13a-14(a)/15d-14(a) Certification (CEO)**                                                  |
|                     |   |                                                                                                             |
| 31.2                     |   | Rule                  13a-14(a)/15d-14(a) Certification (CFO)**                                                  |
|                     |   |                                                                                                             |
| 32.1                     |   | Section                  1350 Certification (CEO)**                                                              |
|                     |   |                                                                                                             |
| 32.2                     |   | Section                  1350 Certification (CFO)**                                                              |

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| (1)    |   | Incorporated                  herein in its entirety by reference to the Company’s Registration                  Statement on Form SB-2, Registration No. 333-9493, as filed with                  the                  Securities                  and Exchange Commission on August 2, 1996. |
|--------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   |                                                                                                                                                                                                                                                                                                 |
| (2)    |   | Incorporated                  herein in its entirety by reference to the Company’s 1998 Annual Report on                  Form 10-KSB.                                                                                                                                                         |
|   |   |                                                                                                                                                                                                                                                                                                 |
| (3)    |   | Incorporated                  herein in its entirety by reference to the Company’s Form 8-K filed on                  June 21, 2000.                                                                                                                                                           |
|   |   |                                                                                                                                                                                                                                                                                                 |
| (4)    |   | Incorporated                  herein in its entirety by reference to the Company’s 2001 Annual Report on                  Form 10-KSB.                                                                                                                                                         |
|   |   |                                                                                                                                                                                                                                                                                                 |
| (5)    |   | Incorporated                  herein in its entirety by reference to the Company’s 2004 Annual Report on                  Form 10-KSB.                                                                                                                                                         |
|   |   |                                                                                                                                                                                                                                                                                                 |
| (6)    |   | Incorporated                  herein in its entirety by reference to the Company’s Form 8-K filed on                  February 2, 2007.                                                                                                                                                        |
|   |   |                                                                                                                                                                                                                                                                                                 |
| **     |   | Filed                  herewith.                                                                                                                                                                                                                                                                     |

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**Reports      on Form 8-K:**

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|                                               |                                                                               |                                     |
|----------------------------------------------------|------------------------------------------------------------------------------------|------------------------------------------|
|                                               | **clickNsettle.com,                Inc.**                                          |
|                                          |                                                                          |                                |
| **Date:** ** **May              10, 2007 | By:                                                                      | /s/              Roy              Israel |
|                                               | Roy                Israel, Chairman of the Board,                CEO and President |
|                                               |                                                                                                           |                                       |
|----------------------------------------------------|----------------------------------------------------------------------------------------------------------------|--------------------------------------------|
|                                          |                                                                                                      |                                  |
| **Date:** ** **May              10, 2007 | By:                                                                                                  | /s/              Patricia Giuliani-Rheaume |
|                                               | Patricia                Giuliani-Rheaume, Vice President, Chief                Financial Officer and Treasurer |

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