**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 |   |
|                                                    |   |   |
|                                                    | Balance                Sheet | 3 |
|                                                    |   |   |
|                                                    | Unaudited                Statement of Operations | 4 |
|                                                    |   |   |
|                                                    | Unaudited                Statement of Stockholders’ Deficiency for the period since                inception | 5 |
|                                                    |   |   |
|                                                    | Unaudited                Statement of Cash Flows | 6 |
|                                                    |   |   |
|                                                    | Notes                to the Unaudited Financial Statements | 7 |
|                                                    |   |   |
| Item                2.                                  | Management’s                Discussion and Analysis of Financial Condition and Results of                Operations | 9 |
|                                                    |   |   |
| Item                3.                                  | Quantitative                and Qualitative Disclosures about Market Risk. | 10 |
|                                                    |   |   |
| Item                4.                                  | Controls                and Procedures | 10 |
|                                                    |   |   |
| Item                4T.                                 | Controls                and Procedures | 10 |
|                                                    |   |   |
|                                                    |   |   |
| **PART                II - OTHER INFORMATION:**         |
|                                                    |   |   |
| Item                1.                                  | Legal                Proceedings | 11 |
|                                                    |   |   |
| Item                1A.                                 | Risk                Factors | 11 |
|                                                    |   |   |
| Item                2.                                  | Unregistered                Sales of Equity Securities and Use of Proceeds | 11 |
|                                                    |   |   |
| Item                3.                                  | Defaults                Upon Senior Securities | 11 |
|                                                    |   |   |
| Item                4.                                  | Submission                of Matters to a Vote of Security Holders | 11 |
|                                                    |   |   |
| Item                5.                                  | Other                Information | 11 |
|                                                    |   |   |
| Item                6.                                  | Exhibits | 11 |
|                                                    |   |   |
| Signatures                                              | 12 |

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**PART      I — FINANCIAL INFORMATION**

**Item      1. Unaudited Financial Statements**

| **New                Venture Holdings Inc.**                                                                                                                                             |   |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
| **(A                Development Stage Company)**                                                                                                                                         |   |
| **Balance                Sheets**                                                                                                                                                        |   |
| **As                of June 30, 2008 and December 31, 2007**                                                                                                                             |   |
|                                                                                                                                                                                     |   |
|                                                                                                                                                                                     |   | **June                31** |   | **December                31** |   |
|                                                                                                                                                                                     |   | **2008** |   | **2007** |   |
|                                                                                                                                                                                     |   | **(Unaudited)** |   | **(Audited)** |   |
| **ASSETS**                                                                                                                                                                               |   |
|                                                                                                                                                                                     |   |   |   |   |   |
| CURRENT                ASSETS                                                                                                                                                            |   |   |   |   |   |
| Cash                and Cash Equivalents                                                                                                                                                 |   | $ | 512 |   | $ | 4,724 |   |
| Prepaid                Expenses - Note 2                                                                                                                                                 |   |   | 600 |   |   | 600 |   |
| TOTAL                CURRENT ASSETS                                                                                                                                                      |   |   | 1,112 |   |   | 5,324 |   |
| TOTAL                ASSETS                                                                                                                                                              |   | $ | 1,112 |   | $ | 5,324 |   |
|                                                                                                                                                                                     |   |   |   |   |   |   |   |
| **LIABILITIES                AND STOCKHOLDERS' DEFICIT**                                                                                                                                 |
|                                                                                                                                                                                     |   |   |   |   |   |   |   |
| CURRENT                LIABILITIES                                                                                                                                                       |   |   |   |   |   |   |   |
| Accounts                Payable and Accrued Liabilities                                                                                                                                  |   | $ | 8,000 |   | $ | - |   |
| Shareholder                Loans - Note 2                                                                                                                                                |   |   | 30,000 |   |   | 30,000 |   |
| TOTAL                CURRENT LIABILITIES                                                                                                                                                 |   |   | 38,000 |   |   | 30,000 |   |
|                                                                                                                                                                                     |   |   |   |   |   |   |   |
| TOTAL                LIABILITIES                                                                                                                                                         |   |   | 38,000 |   |   | 30,000 |   |
|                                                                                                                                                                                     |   |   |   |   |   |   |   |
| STOCKHOLDERS'                DEFICIT                                                                                                                                                     |   |   |   |   |   |   |   |
|                                                                                                                                                                                     |   |   |   |   |   |   |   |
| Capital                Stock - Note 3                                                                                                                                                    |   |   |   |   |   |   |   |
| Common                stock: 5,000,000 authorized shares, with par value of $0.001Preferred                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                                                                                                                          |   |   | (42,238 | ) |   | (30,026 | ) |
| TOTAL                STOCKHOLDERS' DEFICIT                                                                                                                                               |   |   | (36,888 | ) |   | (24,676 | ) |
|  TOTAL                LIABILITIES AND STOCKHOLDERS' DEFICIT                                                                                                                         |   | $ | 1,112 |   | $ | 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 June 30, 2008 and 2007**                                          |
| **For                the six months ended June 30, 2008 and 110 Days ended June 30,                2008**     |
| **and                For the period from March 13, 2007 (Date of Inception) to June 30,                2008** |

|                                                         |   | Three                  Months Ended June                  30 2008 |      | Three                  MonthsEndedJune                  302007 |   | Six                  MonthsEndedJune                  302008 |   | 110                  DaysEndedJune                  302007 |      | Accumulatedfor                  the periodFrom                  March                  13, 2007(Date                  ofInception)                  toJune                  30, 2008  |   |
|--------------------------------------------------------------|--------|-----------------------------------------------------------------------------|-----------|----------------------------------------------------------------|--------|--------------------------------------------------------------|--------|------------------------------------------------------------|-----------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
| REVENUE:                                                     |   |                                                                        |      |                                                           |   |                                                         |   |                                                       |      |                                                                                                                                                                                       |   |
| Gross                  revenue                               |   | $                                                                           | -         |                                                           | $      | -                                                            |   | $                                                          | -         |                                                                                                                                                                                       | $      | - |   | $ | - |   |
|                                                         |   |                                                                        |           |                                                           |   |                                                              |   |                                                       |           |                                                                                                                                                                                       |   |  |   |   |  |   |
| OPERATING                  EXPENSES                          |   |                                                                        |           |                                                           |   |                                                              |   |                                                       |           |                                                                                                                                                                                       |   |  |   |   |  |   |
| Accounting                  and audit                        |   |                                                                        | 4,000     |                                                           |   | 500                                                          |   |                                                       | 8,000     |                                                                                                                                                                                       |   | 500 |   |   | 13,885 |   |
| Incorporation                  costs                         |   |                                                                        | -         |                                                           |   | -                                                            |   |                                                       | -         |                                                                                                                                                                                       |   | 1,500 |   |   | 1,500 |   |
| Legal                                                        |   |                                                                        | (500      | )                                                              |   | 6,517                                                        |   |                                                       | 2,000     |                                                                                                                                                                                       |   | 6,517 |   |   | 8,517 |   |
| Management                  fees                             |   |                                                                        | -         |                                                           |   | 4,750                                                        |   |                                                       | -         |                                                                                                                                                                                       |   | 4,750 |   |   | 4,750 |   |
| General                  and administration                  |   |                                                                        | 59        |                                                           |   | 3,578                                                        |   |                                                       | 2,212     |                                                                                                                                                                                       |   | 3,921 |   |   | 13,586 |   |
|                                                         |   |                                                                        |           |                                                           |   |                                                              |   |                                                       |           |                                                                                                                                                                                       |   |  |   |   |  |   |
| TOTAL                  OPERATING EXPENSES                    |   |                                                                        | 3,559     |                                                           |   | 15,345                                                       |   |                                                       | 12,212    |                                                                                                                                                                                       |   | 17,188 |   |   | 42,238 |   |
|                                                         |   |                                                                        |           |                                                           |   |                                                              |   |                                                       |           |                                                                                                                                                                                       |   |  |   |   |  |   |
| NET                  LOSS                                    |   | $                                                                           | (3,559    | )                                                              | $      | (15,345                                                      | )      | $                                                          | (12,212   | )                                                                                                                                                                                          | $      | (17,188 | ) | $ | (42,238 | ) |
|                                                         |   |                                                                        |           |                                                           |   |                                                              |   |                                                       |           |                                                                                                                                                                                       |   |  |   |   |  |   |
| Basic                  and diluted net loss per common share |   |                                                                        | (0.00     | )                                                              |   | (0.01                                                        | )      |                                                       | (0.00     | )                                                                                                                                                                                          |   | (0.01 | ) |   |  |   |
|                                                         |   |                                                                        |           |                                                           |   |                                                              |   |                                                       |           |                                                                                                                                                                                       |   |  |   |   |  |   |
| Weighted                  average common shares outstanding  |   |                                                                        | 2,500,000 |                                                           |   | 2,500,000                                                    |   |                                                       | 2,500,000 |                                                                                                                                                                                       |   | 2,245,455 |   |   |  |   |

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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 June 30,                2008** |

|                                                         |   | Note                    1 Common                    Stock |      | Additional                    Paid in Capital  |   | Accumulated                    Deficit  |   | Total  |   |
|--------------------------------------------------------------|--------|----------------------------------------------------------------|-----------|-----------------------------------------------------|--------|----------------------------------------------|--------|-------------|--------|
|                                                         |   | Shares                                                         |      | Amount                                              |   |                                         |   |        |   |   |   |
| 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                   |   |                                                           |           |                                                |   |                                              |   |        |        |   |   | (12,212 | ) |   | (12,212 | ) |
| Balance,                    June 30, 2008                    |   |                                                           | 2,500,000 |                                                | $      | 2,500                                        |   | $           | 2,850  |   | $ | (42,238 | ) | $ | (36,888 | ) |

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| **New                Venture Holdings Inc.**                                                                 |
|--------------------------------------------------------------------------------------------------------------|
| **(A                Development Stage Company)**                                                             |
| **Unaudited                Statement of Cash Flows**                                                         |
| **For                the three months ended June 30, 2008 and 2007**                                         |
| **and                For the period from March 13, 2007(Date of Inception) to June 30,                2008** |

|                                                            |   | Six                  MonthsEndedJune                  302008 |    | 110                  DaysEndedJune                  302007 |   | Accumulatedfor                  the periodFrom                  March                  13, 2007(Date                  ofInception)                  toJune                  30, 2008 |   |
|-----------------------------------------------------------------|--------|--------------------------------------------------------------|---------|------------------------------------------------------------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
| CASH                  FLOWS FROM OPERATING ACTIVITIES           |   |                                                         |    |                                                       |   |                                                                                                                                                                                 |   |
| Net                  loss for the period                        |   | $                                                            | (12,212 | )                                                          | $      | (17,188                                                                                                                                                                              | )      | $ | (42,238 | ) |
| Items                  not involving an outlay of funds         |   |                                                         |         |                                                       |   |                                                                                                                                                                                      |   |   |  |   |
| Management                  fees                                |   |                                                         |         |                                                       |   | 4,750                                                                                                                                                                                |   |   | 4,750 |   |
| Cash                  provided by (used in) change in operating |   |                                                         |         |                                                       |   |                                                                                                                                                                                      |   |   |  |   |
| assets                  and liabilities                         |   |                                                         |         |                                                       |   |                                                                                                                                                                                      |   |   |  |   |
| Prepaid                  expenses                               |   |                                                         |         |                                                       |   |                                                                                                                                                                                      |   |   |  |   |
| Accounts                  payable and accrued liabilities       |   |                                                         | 8,000   |                                                       |   | 2,736                                                                                                                                                                                |   |   | 8,000 |   |
| NET                  CASH PROVIDED BY (USED IN)                 |   |                                                         |         |                                                       |   |                                                                                                                                                                                      |   |   |  |   |
| OPERATING                  ACTIVITIES                           |   |                                                         | (4,212  | )                                                          |   | (9,702                                                                                                                                                                               | )      |   | (29,488 | ) |
|                                                            |   |                                                         |         |                                                       |   |                                                                                                                                                                                      |   |   |  |   |
| CASH                  FLOWS FROM FINANCING ACTIVITIES           |   |                                                         |         |                                                       |   |                                                                                                                                                                                      |   |   |  |   |
| Shareholder                  loans                              |   |                                                         | -       |                                                       |   | 30,000                                                                                                                                                                               |   |   | 30,000 |   |
| NET                  CASH PROVIDED BY (USED IN)                 |   |                                                         |         |                                                       |   |                                                                                                                                                                                      |   |   |  |   |
| FINANCING                  ACTIVITIES                           |   |                                                         | -       |                                                       |   | 30,000                                                                                                                                                                               |   |   | 30,000 |   |
| NET                  INCREASE (DECREASE) IN CASH AND CASH       |   |                                                         |         |                                                       |   |                                                                                                                                                                                      |   |   |  |   |
| EQUIVALENTS                                                     |   |                                                         | (4,212  | )                                                          |   | 20,298                                                                                                                                                                               |   |   | 512 |   |
| CASH                  AND CASH EQUIVALENTS,                     |   |                                                         |         |                                                       |   |                                                                                                                                                                                      |   |   |  |   |
| BEGINNING                  OF PERIOD                            |   |                                                         | 4,724   |                                                       |   | -                                                                                                                                                                                    |   |   | - |   |
| CASH                  AND CASH EQUIVALENTS, BEGINNING           |   |                                                         |         |                                                       |   |                                                                                                                                                                                      |   |   |  |   |
| END                  OF PERIOD                                  |   | $                                                            | 512     |                                                       | $      | 20,298                                                                                                                                                                               |   | $ | 512 |   |

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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. **

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

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**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 June 30, 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:                August 14, 2008 | By:                                      | /s/                Vanleo Y.W. Fung |   |
|                                 |                                          | Vanleo                Y.W. Fung, |   |
|                                 |                                          | President,                Chief Executive Officer |   |
|                                 |                                          | and                Principal Financial Officer |   |

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