**UNITED
      STATES**


**SECURITIES
      AND EXCHANGE COMMISSION**


**WASHINGTON,
      D.C. 20549**




**FORM
        10-KSB**




**[
                X ]**
            **ANNUAL
                REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
                ACT OF
                1934.**




**For
      the fiscal year ended December 31, 2006**


**OR**




**[
                 ]**
            **TRANSITION
                REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF
                1934.**




**For the transition period from _________ to _________**







**ENVIROSAFE
      CORPORATION**


(Name
      of
      Small Business Issuer in Its Charter)









**DELAWARE**


Incorporation
      or Organization)




000-52407






**94-3251254**


(I.R.S.
      Employer I dentification
      No.)





**21205
      Hickory Forest Way, Germantown, MD 20876**


(Address
      of Principal Executive Office)





**(240)
      461-7525**


(Issuer’s
      Telephone Number, Including Area Code)









Securities
      registered under Section 12(b) of the Exchange Act: None




Securities
      registered under Section 12(g) of the Exchange Act: Common
      Stock, par value $.0001 per share




Check
      whether the issuer is not required to file reports pursuant to Section 13 or
      15(d) of the Exchange Act. [ ]





Indicate
      by check mark whether the registrant is a shell company (as defined in Rule
      12b-2 of the Exchange Act. Yes [ ] No [X]





Check
      whether the issuer: (1) filed all reports required to be filed by Sections
      13 or
      15(d) of the Exchange Act during the past 12 months (or for such shorter period
      that the registrant was required to file such reports), and (2) has been subject
      to such filing requirements for the past 90 days. Yes [X] No [ ]





Check
      if
      there is no disclosure of delinquent filers in response to Item 405 of
      Regulation S-B contained in this form, and no disclosure will be contained,
      to
      the best of registrant’s knowledge, in definitive proxy or information
      statements incorporated by reference in Part III of this Form 10-KSB or any
      amendment to this Form 10-KSB. [X]





Issuer’s
      revenues for its most recent fiscal year were $0.





The
      aggregate market value of the issuer’s Common Stock held by non-affiliates
      (147,700,000 shares) was approximately $384,020, based on the average closing
      bid and ask price for the Common Stock on March 22, 2007.





As
      of
      March 22, 2007, there were outstanding 342,375,000  shares
      of
      the issuer’s Common Stock, par value $.0001.





Transitional
      Small Business Disclosure Format (check one):  Yes
      [ ]
      No [X]











*Table
          of Contents*


**CAUTIONARY
      STATEMENT REGARDING FORWARD LOOKING INFORMATION**






The
      discussion contained in this 10-KSB under the Securities Exchange Act of 1934,
      as amended, (the “Exchange Act”) contains forward-looking statements that
      involve risks and uncertainties. The issuer’s actual results could differ
      significantly from those discussed herein. These include statements about our
      expectations, beliefs, intentions or strategies for the future, which we
      indicate by words or phrases such as “anticipate,” “expect,” “intend,” “plan,”
“will,” “we believe,” “the Company believes,” “management believes” and similar
      language, including those set forth in the discussion under “Description of
      Business,” including the “Risk Factors” described in that section, and
“Management’s Discussion and Analysis or Plan of Operation” as well as those
      discussed elsewhere in this Form 10-KSB. We base our forward-looking statements
      on information currently available to us, and we assume no obligation to update
      them. Statements contained in this Form 10-KSB that are not historical facts
      are
      forward-looking statements that are subject to the “safe harbor” created by the
      Private Securities Litigation Reform Act of 1995.




2


**TABLE
                  OF CONTENTS****Part
                  I**Item
              
              Page1.
              Description
                  of Business
              42.
              Description
                  of Property
              93.
              Legal
                  Proceedings
              94.
              Submission
                  of Matters to a Vote of Security
                  Holders
              9**Part
                  II**5.
              Market
                  for Common Equity and Related
                  Stockholder
              96.
              Management’s
                  Discussion and Analysis or Plan of
                  Operation
              107.
              Financial
                  Statements
              118.
              Changes
                  in and Disagreements with Accountants on Accounting
                  and
                  Financial Disclosure
              238A.
              Controls
                  and Procedures
              238B.
              Other
                  Information
              24**Part
                  III**9.
              Directors,
                  Executive Officers, Promoters and Control Person;
                  Compliance with Section 16(a) of the Exchange Act
              2410.
              Executive
                  Compensation
              2511.
              Security
                  Ownership of Certain Beneficial Owners and Management
                  and
                  Related Stockholder Matters
              2612.
              Certain
                  Relationships and Related
                  Transactions
              2613.
              Exhibits
                  and Reports on Form 8-K
              2714.
              Principal
                  Accountant Fees and Services
              27**Other**Index
                  to Exhibits
              28Signature
                  Page
              29




3
 *Table
          of Contents*




PART
      I






**Item
      1.**  **Description
      of Business**




**History**




We
      were
      incorporated in the state of Delaware in 1996. We produce a comprehensive suite
      of disinfecting, cleaning, and bioremediation products for the consumer,
      commercial, institutional and municipal markets.





We
      are
      established as an important brand that represents quality in “green” cleaning,
      healthcare/germicidal and bioremediation products. We will continue to pioneer
      new products and methodologies required to maintain its technological lead
      in
      this expanding biotechnology discipline through:





§
            High
                quality manufacturing and research


§
            A
                creative marketing and public relations
                program


§
            Development
                of a wholesale distribution network


§
            The
                successful launch of a web presence and consumer catalog





**INTRODUCTION**





During
      the last several years, there have been a number of high profile instances
      where
      viruses have proliferated beyond control. Recently, the spread of Severe Acute
      Respiratory Syndrome (SARS) has resulted in mass quarantines and virtually
      closed trade and travel between China and the rest of the world. It has had a
      huge adverse impact on other countries with resulting major global financial
      losses. SARS, as well as many diseases and viruses, have caused immense concern
      in medical facilities, largely due to the highly infective nature of the disease
      organism and the highly toxic disinfecting techniques and products needed to
      control the spread.





Today
      most manufacturers of disinfecting, cleaning, and wastewater treatment products
      use ammonia, chlorine bleach, petroleum compounds, formaldehyde and other
      potentially dangerous and toxic chemicals in their merchandise - even those
      designed for home application. Eye and skin irritation, serious allergic
      reactions, respiratory problems and even cancer and reproductive disorders
      have
      been associated with their use. The cost to society is high, and includes lost
      time from sickness and injury due to workplace accidents or improper use and
      the
      human costs from accidental child and animal poisonings  and
      adverse impact on the environment. In addition, there is the damage that occurs
      to the environment as these toxic chemicals enter our air, water and
      ground.





We
      address these problems via a comprehensive suite of disinfecting, cleaning,
      and
      bioremediation products for the consumer, commercial, institutional and
      municipal markets. Whereas many manufacturers add a citrus scent to their
      cleaners and label it “green”, our products have been conceived, designed, and
      manufactured explicitly to be safe, non-toxic and environmentally friendly.
      Just
      as important, they are powerful, effective, and cost efficient, and unlike
      most
“green” products, their capabilities meet or exceed those of competing non
“green” chemical cleaners and disinfectants.





Our
      combined target markets total more than $25 billion in North America. Each
      is
      highly fragmented, with no single predominant supplier. In addition to present
      consumers, the types of customers served by us will include:




§
            National
                Retail Distributors


§
            Hotel
                and Restaurant Chains


§
            Hospitals,
                Nursing Homes, and Medical, Dental and Veterinary
                Practitioners


§
            Building
                & Janitorial Services
                Contractors


§
            Universities,
                Schools, Prisons and other
                institutions


§
            Federal,
                State and local Building Services


§
            Airplane,
                Bus, Auto and Marine Cleaning
                Services


§
            Municipal
                Wastewater Treatment Agencies


§
            Dry
                Cleaners




4
 *Table
          of Contents*




**OBJECTIVES**





Our
      objectives and selected related steps in order to reach the above target markets
      are as follows:





§
            Build
                coast-to-coast sales network by
                mid-2007


§
            Launch
                new website and retail catalog by end of summer
                2007


§
            Develop
                ‘state-of-art’ order processing, financial reporting and customer service
                systems by late-2007


§
            Position
                our products as one of the premier “green” products company by
                2007.


§
            Build
                upon current relationships.


§
            Develop
                new products.





**PRODUCTS**





We
      manufacture and sell high-quality healthcare/germicidal cleaning and
      bioremediation products. They represent biodegradable, low-toxicity options
      to
      traditional germicidal, cleaning and waste treatment products that can harm
      the
      environment and threaten human health. They are cost effective with efficacy
      equal to or greater than the harmful products they replace. The products have
      earned numerous Best-Of-Breed awards and Envirosafe is one of the few companies
      producing products in compliance with strict government “green” product
      criteria.





**Healthcare/Germicidal**





We
      currently have four products appropriate for use in a healthcare environment.
      Their applications range from antimicrobial and fungicidal skin cleansers and
      therapeutic skin moisturizers, to concentrated disinfectants for killing
      pathogens on hard surfaces in places such as hospitals, nursing homes, dentist
      offices, veterinary clinics, etc.





We
      are at
      the “cutting edge” of technology to effectively disinfect medical equipment and
      most importantly, limit the spread of deadly pathogens. For example, in the
      U.S.
      alone there are thousands of ultrasound medical units requiring disinfecting
      numerous times a day. Almost any instrument that was previously disinfected
      with
      gluteralhyde such as endoscopy equipment used by Gastroenterologists and
      Proctologists can effectively be treated with our 1-Step Germicide. The recent
      outbreak of SARS, as well as the Norwalk virus that severely damaged the cruise
      ship industry last year, point to the value of our germicidal product. The
      germicide can be safely and effectively used on most non-porous surfaces in
      hospitals, dental, veterinary and medical offices. It kills most pathogens
      including HIV-1, Herpes Simplex Virus I & II, hepatitis and other
      microorganism’s known harmful to humans. It is registered with the United States
      Environmental Agency (EPA) and appears on the list of products approved for
      germicidal use.





Our
      Medi-Kwik Anti-Microbial & Fungicidal Skin Cleanser is effective in
      preventing skin infections due to wounds, cuts, burns and allergic reactions.
      It
      promotes healing and relieves pain. It also has potential for use as an
      antiseptic/topical anesthetic. Before Medi-Kwik can be marketed as an
      antiseptic/topical anesthetic, efforts will be undertaken to test and validate
      the known antiseptic and topical anesthetic qualities of this product and obtain
      necessary FDA approvals and registration.





*Medi-Kwik*




It
      is an
      antimicrobial and fungicidal skin cleanser to help prevent infections, clean
      wounds and relieve pain.




5
 *Table
          of Contents*





*Medi-Cream*




It
      is a
      therapeutic skin moisturizer with Allantoin, a medically proven skin healer
      that
      promotes healthy skin regeneration. It completes the healing process when used
      in conjunction with Medi-Kwik skin cleanser.





*Super
      Healer Concentrate*




It
      is a
      water-based, spray-on biodegradable antiseptic for use on animals. For wounds,
      cuts, or abrasions. Promotes healing and tissue regeneration. Relieves girth
      itch on horses and ‘hot spots’ on canines.





*I-StepGermicide*





It
      is a
      concentrated liquid disinfectant and deodorizer for all hard surfaces. It kills
      most pathogens including HIV-1, Herpes Simplex Virus Type I & II Hepatitis
      and other large number of microorganisms’s known harmful to humans. It is EPA
      tested and registered. It is in use in hospitals, clinics and veterinarian
      supply houses.





**”Green”
      Cleaning**





Our
      line
      of “green” cleaning products have a range of applications for a variety of
      surfaces, including porcelain, concrete, glass, metal, carpet, fiberglass,
      tile,
      grout, leather and other fabrics, They remove rust, mold and mildew, protein
      stains, odors, oil and grease, pet stains, and other kinds of dirt and grime.
      They are all biodegradable, non-toxic and environmentally friendly. They are
      safe enough for the home and yet strong enough for commercial use. Our cleaning
      products have won numerous awards, including a Chef’s in America Gold Medal
      prize. In addition, a toxicity study performed by the EPA to evaluate products
      for an Environmentally Preferred Products (EPP) program showed that of a group
      of 495 cleaning products from various manufacturers, only 19 passed the toxicity
      test and products now sold by Envirosafe were in the top five.





*Glass
      Blast*




This
      product
      cleans all glass surfaces without ammonia or alcohol. It shrink dries,
      eliminates streaks and leaves a protective coating and is for use on all glass
      surfaces including windows, mirrors, fiberglass, Plexiglas and isinglass. It
      is
      for all commercial, high-rise and ground floor window cleaning.





*All
      Purpose Cleaner*




It
      is a
      non-toxic water based biodegradable solution for general cleaning on all
      surfaces, is a “Chefs In America Gold Medal” winner, Food Service and
      certified.





*Super
      S Carpet/Fabric Concentrate*




This
      product
      is approved by Monsanto for all fabrics. It extends carpet life without leaving
      residue, discoloration, or brownouts.




6
 *Table
          of Contents*





*Totally
      Awesome*




It
      is a
      ready-to-use carpet and fabric spotter and laundry pre-spray that removes
      protein stains, mildew, oil and grease, pet stains, and more when used as a
      pre-spray. It cleans and deodorizes naturally.





*Metal
      Cleaner/Polish*




It
      is a
      nonabrasive, non-acidic, heavy-duty cream, which removes oxidation and rust
      from
      all metals. It is a “Chefs In America Gold Medal” winner and is for use on all
      types of metal: gold, pewter, bronze, titanium, etc. for commercial buildings,
      homes and boats.





*Safety
      Green Cleaner w/MMP2000*




It
      is an
      Enzyme based cleaner for grease and odor causing bacteria and for use in waste
      management facilities, industrial site and areas that drain into public water
      drains.




*Power
      Wash*




It
      is a
      heavy-duty, concentrate formula that cleans and degreases fiberglass surfaces,
      tile and grout, cement brick and porcelain that is suitable for applications
      requiring pressure wash or steam machines.





*A-1
      Hard water Stain Remover*




It
      is a cream
      formula, without abrasives or acids, designed to draw out mineral deposits
      from
      within glass. It removes silica, cement leach, acid rain, and mineral
      deposits.





*Natural
      Pine Concentrate*




It
      is a
      natural, pine-oil based cleaner and deodorizer for use on all hard surfaces.





**Bioremediation**





The
      Bio-90 line of enzymatic bioremediation products is designed to break down
      organic materials found in human and animal waste while controlling odors.
      These
      are intended for use in wastewater treatment plants and other waste systems,
      such as grease traps, interceptors, septic systems and waste lagoons. An
      additional urine eliminator product is also available. This is appropriate
      for
      use in bathrooms in the home or in commercial/institutional settings such as
      bars, restaurants, nursing homes, dormitories, and other locations where urine
      and its accompanying odors are an aesthetic or health concern.





7
 *Table
          of Contents*




*Bio-90
      Wastewater Treatment Formula*





It
      is
      designed specifically for wastewater treatment plants and other waste systems
      and is for use in the smallest to the largest wastewater site. It reduces
      bio-solid waste into liquid form and controls odors.





*Bio-90
      Grease Trap and Drain Maintainer*





It
      is
      designed to digest grease, oil, and fats that accumulate from food processing
      and cooking, for use in grease traps, interceptors, leach lines, septic systems
      and lagoons. It reduces grease trap/interceptors pump-outs.





*Bio-90
      Rapid Odor Control*





It
      controls odors from rotting organic matter and is effective for use at animal
      kennels, hospitals and waste areas.





*Bio-90
      PSSS-OFF*





It
      is an
      effective Urine eliminator for use in bathroom. Also, it removes the salt
      residue that causes corrosion and is for use in hospitals, retirement homes,
      restaurants and homes.




**Going
      Concern Issues**




As
      shown in
      our financial statements, we suffered recurring losses from operations to date.
      We experienced a loss of ($765,161) for 2006, a net stockholders’ deficit of
      $104,331 and a net working capital deficit of ($108,456) at December 31, 2006.
      These factors raise substantial doubt about our ability to continue as a going
      concern. Our ability to continue as a going concern will depend on many factors,
      including the continued success of its Fridge Tape Ò and
      other products. Additionally, we will continue to pursue office related products
      like the new launch of its Chat-N-Mouse Ô .
      Pending
      the successful implementation of one or both of the Company’s new business
      operational activities, of which there can be no assurance, there will be a
      continuing need to raise additional equity capital in order to improve liquidity
      and sustain operations.




8
 *Table
          of Contents*




**Item
      2.****Description
      of Property**




The
      Company currently does not own or lease any property.




**Item
      3.****Legal
      Proceedings**




None




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




No
      matter
      was submitted during the fourth quarter of the fiscal year covered by this
      report to a vote of security holders, through the solicitation of proxies or
      otherwise.






PART
      II






**Item
                5.**
            **Market
                for Common Equity and Related and Stockholder**




**Market
      for Common Stock**




Our
      Common Stock is quoted on the Pink Sheets quotation service, a service
      maintained by The NASDAQ Stock Market, Inc., under the symbol “EVSA.PK”. Trading
      in our Common Stock in the pink sheets market has been limited and sporadic
      and
      the quotations set forth below are not necessarily indicative of actual market
      conditions. Further, these quotations reflect inter-dealer prices, without
      retail mark-up, markdown, or commission, and do not necessarily reflect actual
      transactions. Set forth below is the range high and low bid information for
      our
      Common Stock for each quarter of the years ended December 31, 2005 and
      2006.




High
            Low2005Quarter
                Ended March 31, 2005
            $0.01
            $0.01Quarter
                Ended June 30, 2005
            $0.01
            $0.01Quarter
                Ended September 30, 2005
            $0.01
            $0.01Quarter
                Ended December 31, 2005
            $0.01
            $0.012006Quarter
                Ended March 31, 2006
            $0.06
            $0.01Quarter
                Ended June 30, 2006
            $0.11
            $0.02Quarter
                Ended September 30, 2006
            $0.04
            $0.01Quarter
                Ended December 31, 2006
            $0.015
            $0.004




On
      March
      22, 2007, the closing price of our Common Stock was $.003 per
      share.




9
 *Table
          of Contents*




As
      of
      March 22, 2007, there were approximately 125 stockholders of record of our
      Common Stock. Our registrar and transfer agent is Intercontinental Registrar
      & Transfer Agency, Inc., located at 900 Buchanan Boulevard, Suite #1,
      Boulder City, Nevada, 89005. Their telephone number is (702) 293-6717, and
      their
      facsimile number is (702) 293-3558.




**Limited
      Market for Common Stock**




There
      is
      currently a limited trading market for our shares of Common Stock, and there
      can
      be no assurance that a more substantial market will ever develop or be
      maintained. Any market price for our shares of Common Stock is likely to be
      very
      volatile, and numerous factors beyond our control may have a significant adverse
      effect. In addition, the stock markets generally have experienced, and continue
      to experience, extreme price and volume fluctuations which have affected the
      market price of many small capital companies and which have often been unrelated
      to the operating performance of these companies. These broad market
      fluctuations, as well as general economic and political conditions, may also
      adversely affect the market price of our Common Stock. Further, there is no
      correlation between the present limited market price of our Common Stock and
      our
      revenues, book value, assets or other established criteria of value. The present
      limited quotations of our Common Stock should not be considered indicative
      of
      the actual value of the Company or our Common Stock.




**Dividends**




We
      have
      not paid any cash dividends to date and does not anticipate or contemplate
      paying cash dividends in the foreseeable future until earnings would generate
      funds in excess of those required to provide for our growth needs. We currently intend to retain any future earnings to fund the development and
      growth of its business.




**Recent
      Sales of Unregistered Securities**




During
      the fourth quarter of 2006, we issued no securities.




**Item
      6.****Management’s
      Discussion and Analysis or Plan of Operation**




**Introduction
      and Plan of Operation**




We
      produce a comprehensive suite of disinfecting, cleaning, and bioremediation
      products for the consumer, commercial, institutional and municipal
      markets.




**Year
      Ended December 31, 2006 Compared to Year Ended December 31,
      2005**




We
      continue to pursue marketing relations for our products. Until these
      relationships are established, and revenues increase, we are forced to seek
      the
      sale of our securities to generate funds to carry on our operations. Sales
      were
      $-0- in 2005 and $-0- in 2006. Losses increased from $607,673 in 2005 to
      $765,161 in 2006. Such increase was due primarily to an increase in professional
      fees from $601,000 in 2005 to $717,048 in 2006, each resulting from the private
      financings and for professional services received.




**Liquidity**




Capital
      raises through the sale of shares support our existence. Our working capital
      deficit has worsened from ($33,546) at December 31, 2005 to ($108,456) at
      December 31, 2006, however, stockholder’s equity improved from a deficit of
      ($630,545) to ($104,331) for the same periods. The primary reason for the
      improvement in 2006 was due to the sale of common shares which provided working
      capital to build relationships and contractual arrangements necessary to provide
      a viable business plan for us.




10
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          of Contents*


**Item
      7.**  **Financial
      Statements**







**REPORT
      OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM**










To
      the
      Board of Directors and Stockholders


Envirosafe
      Corporation





I
      have
      audited the accompanying balance sheet of Envirosafe Corporation as of December
      31, 2006, and the related statements of operations, stockholders’ deficit and
      comprehensive income, and cash flows for the years ended December 31, 2006
      and
      2005. These financial statements are the responsibility of the company’s
      management. My responsibility is to express an opinion on these financial
      statements based on my audits.




I
      conducted my audits in accordance with the standards of the Public Company
      Accounting Oversight Board (United States). Those standards require that I
      plan
      and perform the audit to obtain reasonable assurance about whether the financial
      statements are free of material misstatement. An audit includes examining,
      on a
      test basis, evidence supporting the amounts and disclosures in the financial
      statements. An audit also includes assessing the accounting principles used
      and
      significant estimates made by management, as well as evaluating the overall
      financial statement presentation. I believe that my audits provide a reasonable
      basis for my opinion.




In
      my
      opinion, the financial statements referred to above present fairly, in all
      material respects, the financial position of Envirosafe Corporation as of
      December 31, 2006, and the results of its operations and its cash flows for
      the
      years ended December 31, 2006 and 2005 in conformity with accounting principles
      generally accepted in the United States of America.




The
      accompanying financial statements have been prepared assuming the Company will
      continue as a going concern. The Company has suffered recurring losses and
      has
      yet to generate an internal cash flow that raises substantial doubt about its
      ability to continue as a going concern. Management’s plans in regard to these
      matters are described in Note D. The financial statements do not include any
      adjustments that might result from the outcome of this uncertainty.







/s/
      Traci J. Anderson, CPA


Traci
      J.
      Anderson, CPA


Huntersville,
      NC


March
      20,
      2007




11
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          of Contents*




**ENVIROSAFE
                CORPORATION**BALANCE
                SHEETAS
                OF DECEMBER 31, 2006**ASSETS**CURRENT
                ASSETS:Cash
                and cash equivalents
            
            $
            8,951Inventory
            
            
            1,643Prepaid
                expenses
            
            
            25,000TOTAL
                CURRENT ASSETS
            
            
            35,594OTHER
                ASSETS:Trademarks
            
            
            4,125TOTAL
                OTHER ASSETS
            
            
            4,125TOTAL
                ASSETS
            
            $
            39,719**LIABILITIES
                AND STOCKHOLDERS’ DEFICIT**CURRENT
                LIABILITIES:Accounts
                payable and accrued expenses
            
            $
            144,050TOTAL
                CURRENT LIABILITIES
            
            
            144,050STOCKHOLDERS'
                DEFICIT:Common
                stock ($0.0001 par value, 500,000,000 shares authorized:299,375,000
                issued and outstanding at December 31, 2006)
            
            
            29,937Preferred
                stock ($0.0001 par value, 10,000,000 shares authorized:no
                shares issued and outstanding at December 31, 2006)
            
            
            -Paid
                In Capital
            
            
            1,954,570Retained
                Earnings
            
            
            (2,088,838
            )TOTAL
                STOCKHOLDERS’ DEFICIT
            
            
            (104,331
            )TOTAL
                LIABILITIES AND STOCKHOLDERS’ DEFICIT
            
            $
            39,719








12
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          of Contents*




**ENVIROSAFE
                CORPORATION**STATEMENTS
                OF OPERATIONSFOR
                THE YEARS ENDED DECEMBER 31, 2006 AND 20052006
            
            2005REVENUES:Sales
            
            $
            -
            
            $
            -Miscellaneous
            
            
            -
            
            
            -TOTAL
                REVENUE
            
            $
            -
            
            $
            -EXPENSES:Advertising
                and Marketing expenses
            
            
            37,736
            
            
            -Filing
                Fees
            
            
            3,621
            
            
            1,130General
                and administrative
            
            
            1,492
            
            
            3,331Penalties
            
            
            3,878
            
            
            -Professional
                fees
            
            
            161,672
            
            
            -Professional
                fees--paid with stock
            
            
            555,376
            
            
            601,000TOTAL
                EXPENSES
            
            
            763,775
            
            
            605,461OPERATING
                INCOME (LOSS)
            
            
            (763,775
            )
            
            (605,461
            )OTHER
                EXPENSE:Interest
                Expense
            
            
            1,386
            
            
            2,212TOTAL
                EXPENSES
            
            
            1,386
            
            
            2,212OPERATING
                INCOME (LOSS)
            
            
            (765,161
            )
            
            (607,673
            )NET
                INCOME (LOSS)
            
            $
            (765,161
            )
            $
            (607,673
            )Net
                (loss) per share-basic
                and fully diluted
            
            
            (0.00
            )
            
            (0.02
            )Weighted
                average shares outstanding
            
            
            299,375,000
            
            
            29,987,500


The
      accompanying notes are an integral part of these financial
      statements.




13
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          of Contents*




**ENVIROSAFE
                CORPORATION**STATEMENTS
                OF CASH FLOWSFOR
                THE YEARS ENDED DECEMBER 31, 2006 AND 2005**2006**
            
            **2005**CASH
                FLOWS FROM OPERATING ACTIVITIES:Net
                income (loss)
            
            $
            (765,161
            )
            $
            (607,673
            )Adjustments
                to reconcile net income (loss) to net cash(used
                in) operating activitiesChanges
                in operating assets and liabilities:(Increase)/decrease
                in Prepaid expenses
            
            
            (25,000
            )
            
            -(Increase)/decrease
                in Inventory
            
            
            (1,643
            )
            
            -Accrued
                stock compensation--paid in 2006
            
            
            -
            
            
            597,000Stock
                paid for services
            
            
            1,156,376
            
            
            4,000Increase/(decrease)
                in Accounts payable and accrued expenses
            
            
            (481,835
            )
            
            3,012NET
                CASH PROVIDED BY (USED IN) OPERATINGACTIVITIES
            
            
            (117,263
            )
            
            (3,661
            )CASH
                FLOWS FROM INVESTING ACTIVITIES:Purchase
                of intangible asset—Trademark
            
            
            (4,125
            )
            
            -NET
                CASH PROVIDED BY (USED IN) FINANCINGACTIVITIES
            
            
            (4,125
            )
            
            -CASH
                FLOWS FROM FINANCING ACTIVITIES:Proceeds
                from issuance of notes payable by officer
            
            
            -
            
            
            7,000Proceeds
                from the issuance of common stock
            
            
            135,000
            
            
            -Repayment
                of notes payable
            
            
            (8,000
            )
            
            -NET
                CASH PROVIDED BY (USED IN) FINANCINGACTIVITIES
            
            
            127,000
            
            
            7,000NET
                INCREASE (DECREASE) IN CASH AND CASHEQUIVALENTS
            
            
            5,612
            
            
            3,339CASH
                AND CASH EQUIVALENTS:BEGINNING
                OF THE PERIOD
            
            
            3,339
            
            
            -END
                OF THE PERIOD
            
            $
            8,951
            
            $
            3,339SUPPLEMENTAL
                CASH FLOW INFORMATION:Cash
                paid during the year for taxes and interestTaxes
            
            $
            395
            
            $
            -Interest
            
            $
            1,386
            
            $
            2,212





The
      accompanying notes are an integral part of these financial
      statements.




14
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          of Contents*




**ENVIROSAFE
                CORPORATION**STATEMENT
                OF STOCKHOLDERS' DEFICITFOR
                THE YEARS ENDED DECEMBER 31, 2006 AND 2005AdditionalCommon
            
            Common
            
            Paid-in
            
            RetainedShares
            
            Stock
            
            Capital
            
            Deficit
            
            TotalBalances,
                January 1, 2005
            
            
            26,187,500
            
            $
            26,188
            
            $
            662,944
            
            $
            (716,004
            )
            $
            (26,873
            )Issuance
                of Common Stock for services
            
            
            3,800,000
            
            
            3,800
            
            
            200
            
            
            -
            
            
            4,000Net
                Income (loss) for the year
            
            
            -
            
            
            -
            
            
            -
            
            
            (607,673
            )
            
            (607,673
            )Balances,
                December 31, 2005
            
            
            29,987,500
            
            $
            29,988
            
            $
            663,144
            
            $
            (1,323,677
            )
            $
            (630,546
            )Issuance
                of Common Stock for services
            
            
            106,200,000
            
            
            106,200
            
            
            1,050,176
            
            
            -
            
            
            1,156,376Issuance
                of Common Stock for cash
            
            
            13,500,000
            
            
            13,500
            
            
            121,500
            
            
            -
            
            
            135,000Issuance
                of Common Stock for stock split
            
            
            149,687,500
            
            
            149,688
            
            
            (149,688
            )
            
            -
            
            
            -Common
                Stock par value adjustment from $.001 to $.0001 per share
            
            
            -
            
            
            (269,438
            )
            
            269,438
            
            
            
            
            
            -Net
                Income (loss) for the year
            
            
            -
            
            
            -
            
            
            -
            
            
            (765,161
            )
            
            (765,161
            )Balances,
                December 31, 2006
            
            
            299,375,000
            
            $
            29,938
            
            $
            1,954,570
            
            $
            (2,088,838
            )
            $
            (104,331
            )




The
      accompanying notes are an integral part of these financial
      statements.




15
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          of Contents*




**NOTE
      A—SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES**





Background —
      Envirosafe Corporation (The Company) was incorporated in the state of Delaware
      in 1996. The Company produces a comprehensive suite of disinfecting, cleaning,
      and bioremediation products for the consumer, commercial, institutional and
      municipal markets.





Basis
      of Presentation —The
      financial statements included herein include the accounts of the Company
      prepared under the accrual basis of accounting.





Cash
      and Cash Equivalents —For
      purposes of the Statement of Cash Flows, the Company considers liquid
      investments with an original maturity of three months or less to be cash
      equivalents.





Management’s
      Use of Estimates —The
      preparation of financial statements in conformity with accounting principles
      generally accepted in the United States of America requires management to make
      estimates and assumptions that affect the reported amounts of assets and
      liabilities and disclosures of contingent assets and liabilities at the date
      of
      financial statements and the reported amounts of revenues and expenses during
      the reporting period. Actual results could differ from those estimates.
      Significant items subject to such estimates and assumptions include depreciation
      expense on property and equipment, valuation allowances for receivables and
      deferred income tax assets, and contract revenues. Future changes in economic
      conditions may have a significant effect on such estimates made by
      management.





Revenue
      Recognition —The
      Company recognizes revenue upon delivery of the products to its customer when
      title and risk of loss passes to the customer.





Comprehensive
      Income (Loss) —The
      Company adopted Financial Accounting Standards Board Statement of Financial
      Accounting Standards (SFAS) No. 130, *“Reporting
      Comprehensive Income”* ,
      which
      establishes standards for the reporting and display of comprehensive income
      and
      its components in the financial statements. There were no items of comprehensive
      income (loss) applicable to the Company during the periods covered in the
      financial statements.





Marketing
      and Advertising Costs —The
      Company expenses the costs associated with marketing and advertising as
      incurred. Marketing, advertising, promotional expenses and product labeling
      were
      approximately $37,736 and $0 for the years ended December 31, 2006 and 2005,
      respectively.





Common
      Stock Issued For Other Than Cash —Services
      purchased and other transactions settled in the Company’s stock are recorded at
      the estimated fair value of the stock issued if that value is more readily
      determinable than the fair value of the consideration received.




16
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          of Contents*




**NOTE
      A—SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONT’)**





Stock-Based
      Compensation —The
      Company measures compensation expense for its non-employee stock-based
      compensation under the Financial Accounting Standards Board (FASB) Emerging
      Issues Task Force (EITF) Issue No. 96-18, “ *Accounting
      for Equity Instruments that are Issued to Other Than Employees for Acquiring,
      or
      in Conjunction with Selling, Goods or Services* ”.
      The
      fair value of the option issued is used to measure the transaction, as this
      is
      more reliable than the fair value of the services received. The fair value
      is
      measured at the value of the Company’s common stock on the date that the
      commitment for performance by the counterparty  has
      been
      reached or the counterparty’s performance is complete. The fair value of the
      equity instrument is charged directly to compensation expense and additional
      paid-in capital.





Fair
      Value of Financial Instruments —The
      carrying amounts reported in the balance sheet for cash and cash equivalents,
      billed accounts receivable, accounts payable, and lines of credit and notes
      payable approximate fair value based on the short-term maturity of these
      instruments.




Loss
      per Common Share —Statement
      of Financial Accounting Standard (SFAS) No. 128 requires dual presentation
      of
      basic and diluted earnings per share (EPS) with a reconciliation of the
      numerator and denominator of the EPS computations. Basic earnings per share
      amounts are based on the weighted average shares of common stock outstanding.
      If
      applicable, diluted earnings per share would assume the conversion, exercise
      or
      issuance of all potential common stock instruments such as options, warrants
      and
      convertible securities, unless the effect is to reduce a loss or increase
      earnings per share. Accordingly, this presentation has been adopted for the
      period presented. There were no adjustments required to net loss for the period
      presented in the computation of diluted earnings per share.





Income
      Taxes —Income
      taxes are provided in accordance with Statement of Financial Accounting
      Standards (SFAS) No. 109, *“Accounting
      for Income Taxes.”* A
      deferred tax asset or liability is recorded for all temporary differences
      between financial and tax reporting and net operating
      loss-carryforwards.





Deferred
      tax assets are reduced by a valuation allowance when, in the opinion of
      management, it is more likely than not that, and some portion or the entire
      deferred tax asset will not be realized. Deferred tax assets and liabilities
      are
      adjusted for the effect of changes in tax laws and rates on the date of
      enactment.





Accounts
      Receivable —Accounts
      deemed uncollectible are written off in the year they become uncollectible.
      As
      of December 31, 2006, the Company’s Accounts Receivable balance was
      $0.





Concentration
      of Credit Risk —Financial
      instruments that potentially subject the Company to concentrations of credit
      risk consist principally of cash. The Company’s cash is deposited with major
      banks and financial institutions.




17
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          of Contents*




**NOTE
      A—SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONT’)**





Impairment
      of Long-Lived Assets —In
      accordance with SFAS No. 144, the Company reviews and evaluates its long-lived
      assets for impairment whenever events or changes in circumstances indicate
      that
      their net book value may not be recoverable. When such factors and circumstances
      exist, including those noted above, the Company compares the assets’ carrying
      amounts against the estimated undiscounted cash flows to be generated by those
      assets over their estimated useful lives. If the carrying amounts are greater
      than the undiscounted cash flows, the fair values of those assets are estimated
      by discounting the projected cash flows. Any excess of the carrying amounts
      over
      the fair values are recorded as impairments in that fiscal period.





Property
      and equipment —All
      property and equipment are stated at cost less accumulated depreciation and
      are
      depreciated using the straight line method over the estimated useful lives
      of
      the assets, usually three to seven years. Expenditures for repairs and
      maintenance are charged to expense as incurred, and major additions and
      improvements are capitalized.





Recent
      Accounting Pronouncements —In
      May
      2005, the FASB issued SFAS No. 154, "Accounting Changes and Error Corrections
      -
      a replacement of APB Opinion No. 20 and FASB Statement No. 3" ("SFAS 154").
      SFAS
      154 changes the requirements for the accounting for and reporting of a change
      in
      accounting principle. These requirements apply to all voluntary changes and
      changes required by an accounting pronouncement in the unusual instance that
      the
      pronouncement does not include specific transition provisions. SFAS 154 is
      effective for fiscal years beginning after December 15, 2005. The Company does
      not expect the adoption of SFAS 154 to have a material effect on the Company’s
      financial statements.





In
      February 2006, the FASB issued SFAS Statement No. 155, “Accounting for Certain
      Hybrid Financial Instruments—an amendment of FASB Statements No. 133 and 140”
("SFAS 155"). This Statement amends FASB Statements No. 133, “Accounting for
      Derivative Instruments and Hedging Activities”, and No. 140, “Accounting for
      Transfers and Servicing of Financial Assets and Extinguishments of Liabilities”.
      This Statement permits fair value re-measurement for any hybrid financial
      instrument that contains an embedded derivative that otherwise would require
      bifurcation, clarifies which interest-only strips and principal-only strips
      are
      not subject to the requirements of Statement 133, and amends Statement 140
      to
      eliminate the prohibition on a qualifying special-purpose entity from holding
      a
      derivative financial instrument that pertains to a beneficial interest other
      than another derivative financial instrument. SFAS 155 is effective for all
      financial instruments acquired or issued for the Company for fiscal year begins
      after September 15, 2006. The adoption of this standard is not expected to
      have
      a material effect on the Company’s results of operations or financial
      position.




18
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          of Contents*




**NOTE
      A—SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONT’D)**





Recent
      Accounting Pronouncements (cont’d)


In
      March
      2006, the FASB issued SFAS Statement No. 156, “Accounting for Servicing of
      Financial Assets—an amendment of FASB Statement No. 140”. This Statement amends
      FASB Statement No. 140, “Accounting for Transfers and Servicing of Financial
      Assets and Extinguishments of Liabilities” with respect to the accounting for
      separately recognized servicing assets and servicing liabilities. This Statement
      requires that an entity recognize a servicing asset or servicing liability
      each
      time it undertakes an obligation to service a financial asset by entering into
      a
      servicing contract. This Statement requires all separately recognized servicing
      assets and servicing liabilities to be initially measured at fair value, if
      practicable and it permits an entity to choose either the Amortization Method
      or
      the Fair Value Method for each class of separately recognized servicing assets
      and servicing liabilities. At its initial adoption, the Statement permits a
      one-time reclassification of available-for-sale securities to trading securities
      by entities with recognized servicing rights, without calling into question
      the
      treatment of other available-for-sale securities under SFAS No. 115. This
      Statement is effective as of the beginning of an entity's first fiscal year
      that
      begins after September 15, 2006. Earlier application is permitted if the entity
      has not yet issued interim or annual financial statements for that fiscal year.
      The adoption of this standard is not expected to have a material effect on
      the
      Company’s results of operations or financial position.





In
      June
      2006, the FASB issued FIN 48, “Accounting for Uncertainty in Income Taxes—an
      interpretation of FASB No. 109. This Interpretation clarifies the accounting
      for
      uncertainty in income taxes recognized in an enterprise’s financial statements
      in accordance with FASB No. 109, “Accounting for Income Taxes”. This
      interpretation prescribes recognition of threshold and measurement attribute
      for
      the financial statement recognition and measurement of a tax position taken
      or
      expected to be taken in a tax return. This interpretation also provides guidance
      on derecognition, classification, interest and penalties, accounting in interim
      periods, disclosure, and transition. This interpretation is effective for fiscal
      years beginning after December 15, 2006. Earlier application is permitted if
      the
      entity has not yet issued interim or annual financial statements for that fiscal
      year. The adoption of this standard is not expected to have a material effect
      on
      the Company’s results of operations or financial position.





In
      September 2006, the FASB issued SFAS Statement No. 158, “Employers’ Accounting
      for Defined Benefit Pension and Other Postretirement Plans”. For an employer
      with publicly traded equity securities, the requirement to recognize the funded
      status of a benefit plan and the disclosure requirements are effective as of
      the
      end of the fiscal year ending after December 15, 2006. For an employer without
      publicly traded equity securities, the requirement to recognize the funded
      status of a benefit plan and the disclosure requirements are effective as of
      the
      end of the fiscal year ending after June 15, 2007. The requirement to measure
      plan assets and benefit obligations as of the date of the employer's fiscal
      year-end statement of financial position (paragraphs 5, 6, and 9) is effective
      for fiscal years ending after December 15, 2008. Earlier application is
      permitted if for all of an employer's benefit plans. The adoption of this
      standard is not expected to have a material effect on the Company’s results of
      operations or financial position.




19
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          of Contents*





**NOTE
      A—SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONT’D)**





Recent
      Accounting Pronouncements (cont’d)


In
      September 2006, the FASB issued Statement No. 157, “Fair Value Measurements”.
      This Statement defines fair value, establishes a framework for measuring fair
      value in generally accepted accounting principles (GAAP), and expands
      disclosures about fair value measurements. This statement applies under other
      accounting pronouncements that require or permit fair value measurements, the
      Board having previously concluded in those accounting pronouncements that fair
      value is the relevant measurement attribute. Accordingly, SFAS No. 157 does
      not
      require any new fair value measurements. However, for some entities, the
      application of SFAS No. 157 will change current practice. This Statement is
      effective for fiscal years beginning after November 15, 2007, and all interim
      periods within those fiscal years. Earlier application is permitted if the
      entity has not yet issued interim or annual financial statements for that fiscal
      year. Early adoption of this standard is not expected to have a material effect
      on the Company’s results of operations or its financial position, but the
      Company is evaluating the Statement to determine what impact, if any, it will
      have on the Company.





In
      September 2006, the FASB issued Statement of Financial Accounting Standards
      No.
      158, “Employers’ Accounting for Defined Benefit Pension and Other Postretirement
      Plans, an amendment of FASB Statements No. 87, 88, 106 and 132(R)” (“SFAS 158”).
      This statement requires balance sheet recognition of the funded status, which
      is
      the difference between the fair value of plan assets and the benefit obligation,
      of pension and postretirement benefit plans as a net asset or liability, with
      an
      offsetting adjustment to accumulate other comprehensive income in shareholders’
equity. In addition, the measurement date, the date at which plan assets and
      the
      benefit obligation are measured, is required to be the company’s fiscal year
      end. The Company currently Company is currently evaluating the Statement to
      determine what impact, if any, it will have on the Company.





**NOTE
      B—SUPPLEMENTAL CASH FLOW INFORMATION**





Supplemental
      disclosures of cash flow information for the years ended December 31, 2006
      and
      2005 is summarized as follows:





Cash
      paid
      during the period for interest and income taxes:




2006  2005


Income
      Taxes $
      ---  $ ---


Interest $ 1,386         
      $2,212





NON-CASH
      FINANCING ACTIVITIES:


2006             
2005





Common
      stock issued for services rendered  $555,376 $601,000




20
 *Table
          of Contents*




**NOTE
      C—INCOME TAXES**





Due
      to
      the operating loss and the inability to recognize an income tax benefit there
      from, there is no provision for current or deferred federal or state income
      taxes for the years ended December 31, 2006 and 2005.





Deferred
      income taxes reflect the net tax effects of temporary differences between the
      carrying amounts of assets and liabilities for financial reporting purposes
      and
      the amount used for federal and state income tax purposes.





The
      Company’s total deferred tax asset, calculated using federal and state effective
      tax rates, as of December 31, 2006 is as follows:





Total
      deferred tax assets (approximate)   $
      296,000


Valuation
      allowance
      (approximate) (296,000)





Net
      deferred tax
      asset $        ----


=======





The
      reconciliation of income taxes computed at the federal statutory income tax
      rate
      to total income taxes for the years ended December 31, 2006 and 2005 is as
      follows:


2006   2005




Income
      tax computed at the federal statutory
      rate 40%   40%


Valuation
      allowance                                                                            
( 40%)   (40%)


Total
      deferred tax asset       0%   0%





Because
      of the Company’s lack of earnings history, the deferred tax asset has been fully
      offset by a valuation allowance. The valuation allowance increased (decreased)
      by approximately $209,785 and $6,600 for the years ended December 31, 2006
      and
      2005.





As
      of
      December 31, 2006, the Company has approximately $742,085 of net operating
      losses available that expire in various years through 2026.





No
      tax
      benefits have been recorded for the nondeductible (tax) expenses (stock for
      services) totaling $1,156,376.




**NOTE
      D—GOING CONCERN**





As
      shown
      in the accompanying audited financial statements, the Company has suffered
      recurring losses from operations to date. It experienced losses of $765,161
      and
      $607,673 during 2006 and 2005, respectively. The Company had a net deficiency
      of
      $2,088,838 and a working capital deficit of $108,456 as of December 31, 2006.
      These factors raise substantial doubt about the Company’s ability to continue as
      a going concern.





Management’s
      plans in regard to this matter are to raise equity capital and seek strategic
      relationships and alliances in order to increase sales in an effort to generate
      positive cash flow. Additionally, the Company must continue to rely upon equity
      infusions from investors in order to improve liquidity and sustain operations.
      The financial statements do not include any adjustments that might result from
      the outcome of this uncertainty.




21
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          of Contents*





**NOTE
      E—SEGMENT REPORTING**





In
      June
      1997, the Financial Accounting Standards Board issued Statement of Financial
      Accounting Standards No. 131, *“Disclosures
      about Segments of an Enterprise and Related Information.”* This
      statement requires companies to report information about operating segments
      in
      interim and annual financial statements. It also requires segment disclosures
      about products and services, geographic areas and major customers. The Company
      determined that it did not have any separately reportable operating segments
      as
      of December 31, 2005.





**NOTE
      F—EQUITY**





In
      2006,
      the Company issued 119,700,000 shares of common stock as follows:





73,000,000—shares
      issued for consulting and executive services performed by
      the
      Company’s CEO; valued at $730,000 or $.01 per share.


33,200,000—shares issued for professional services; valued at $426,376 or $.0129
      per Share.


13,500,000—shares
      issued for cash; $135,000 or $.01 per share.





During
      2006, the Company authorized a 2 for 1 stock split for all shares of record
      on
      May 2, 2006. And, the Company increased it authorized shares of common stock
      from 30,000,000 to 500,000,000 and the par value decreased from $.001 to $.0001
      per share.








In
      2005,
      the Company issued 3,800,000 shares of common stock as follows:





3,800,000—shares
      issued to the CEO for services rendered during 2005; valued at
      $4,000 or $.001
      per share.




**NOTE
      G—ACCOUNTS PAYABLE AND ACCRUED EXPENSES**





Accounts
      payable and accrued expenses consist of the following:





December 31,


2006    2005


Accrued
      Payroll $
      ---   $ 7,790


Accrued
      penalties and interest
      payable ---    15,495


Accrued
      professional
      fees 144,050   597,000


Accrued
      CA franchise taxes
      payable --- 5,600





144,050 $625,885








**NOTE
      H—RELATED PARTY TRANSACTIONS**





During
      2006, the Company issued 73,000,000 in common stock to its CEO and major
      shareholder as compensation for services during 2006 and 2005. The value of
      the
      common stock is $730,000 or $.010 per share.





In
      2005,
      an officer loaned the company $8,000 with interest stated at 6% per annum.
      If
      the loan is in default the term rate increases to 15% per annum. The loans
      are
      also convertible to stock for a price of $.001 per share.




In
      2006, an officer of the corporation loaned an additional $3,000 to the Company.
      The demand note carries 6% interest. During 2006, the loans were repaid and
      the
      balance of the outstanding Note Payable is $0.




**NOTE
        I—COMMITMENTS**
 
 The
        Company currently does not own or lease any property.
 
 **NOTE
        J—SUBSEQUENT EVENTS—REVERSE SPLIT PROPOSAL**
 
 On
        March
        19, 2007, the Company’s Board of Directors and shareholders holding the majority
        of issued and outstanding Common Stock approved a 300 to 1 reverse stock
        split
        of its $.0001 par value Common Stock. The par value of Common Stock will
        not
        change. All the fractional shares will be rounded the nearest whole shares.
        With
        the exception of adjustments for those shareholders with fractional shares,
        the
        reverse stock split will not affect any stockholder's proportional equity
        interest in the company in relation to other shareholders or rights,
        preferences, privileges or priorities. The reverse split will become effective
        twenty days after this information statement is sent to
        shareholders.




22
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          of Contents*




**Item
                8.**
            **Changes
                in and Disagreements with Accountants on Accounting and Financial
                Disclosure**




None.




**Item
      8** **A.**  **Controls
      and Procedures**




We
      maintain disclosure controls and procedures designed to ensure that information
      required to be disclosed in reports filed under the Securities Exchange Act
      of
      1934 (“Exchange Act”) is recorded, processed, summarized and reported within the
      specified time periods. Our Chief Executive Officer and Chief Financial Officer
      (collectively, the “Certifying Officers”) are responsible for maintaining our
      disclosure controls and procedures. The controls and procedures established
      by
      us are designed to provide reasonable assurance that information required to
      be
      disclosed by the issuer in the reports that it files or submits under the
      Exchange Act is recorded, processed, summarized and reported within the time
      periods specified in the Commission’s rules and forms.




As
      of the
      end of the period covered by this report, the Certifying Officers evaluated
      the
      effectiveness of our disclosure controls and procedures. Based on the
      evaluation, the Certifying Officers concluded that our disclosure controls
      and
      procedures were effective to provide reasonable assurance that information
      required to be disclosed by us in the reports that we file or submit under
      the
      Exchange Act is recorded, processed, summarized and reported, within the time
      periods specified in the applicable rules and forms, and that it is accumulated
      and communicated to our management, including the Certifying Officers, as
      appropriate to allow timely decisions regarding required
      disclosure.




The
      Certifying Officers have also concluded, based on their evaluation of our
      controls and procedures that as of December 31, 2006, our internal controls
      over
      financial reporting are effective and provide a reasonable assurance of
      achieving their objective.




The
      Certifying Officers have also concluded that there was no change in our internal
      controls over financial reporting identified in connection with the evaluation
      that occurred during our fourth fiscal quarter that has materially affected,
      or
      is reasonably likely to materially affect, our internal control over financial
      reporting.




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**Item
      8B.**  **Other
      Information**




None




**PART
      III**






**Item
      9.****Directors,
      Executive Officers, Promoters and Control Persons; Compliance with****Section
      16(a) of the Exchange Act.**




**Identification
      of Directors and Executive Officers**




The
      following table sets forth the names and ages of our directors and executive
      officers, the positions and offices held with us, and the period during which
      each served in such positions and offices. Each director and executive officer
      serves for a term of one (1) year and until his successor is duly elected and
      qualified.




**DIRECTORS
      AND OFFICERS**






**Name**    **Age**   **Position**    **Period
      In Office**







Bryan
      Kuskie 35 Director                                
      1996 -
      Present


Chief
      Executive Officer,


President,
      Secretary,


Chief
      Financial Officer




The
      following is a summary of the business experience and other biographical
      information with respect to each of the Company’s officers and directors listed
      in the above-referenced table.





Bryan
      Kuskie
      from 1996 has been our shareholder. He is also the largest and majority
      shareholder. Mr. Kuskie received a B.B.A. in Marketing from Radford University
      in Virginia in 1994. He has been in the Financial Industry since 1995, as a
      Registered Representative and District Manager with D.F.C. Then he was a Branch
      Manager at Sunpoint Securities and Eisner Securities. He now also works for
      Cantella and Co. as a Registered Investment Representative.




**Audit
      Committee Financial Expert**




We
      do not
      have a separately designated standing audit committee. The entire Board of
      Directors acts as an audit committee for the purpose of overseeing our
      accounting and financial reporting processes, and audits of the financial
      statements. The Commission recently adopted new regulations relating to audit
      committee composition and functions, including disclosure requirements relating
      to the presence of an “audit committee financial expert” serving on its audit
      committee. In connection with these new requirements, our Board of Directors
      examined the Commission’s definition of “audit committee financial expert” and
      concluded that we do not currently have a person that qualifies as
      such  an
      expert. Presently, there are only one (1) directors serving on our Board, and
      we
      are not in a position at this time to attract, retain and compensate additional
      directors in order to acquire a director who qualifies as an “audit committee
      financial expert”, but we intend to retain an additional director who will
      qualify as such an expert, as soon as reasonably practicable. While our current
      director does not meet the qualifications of an “audit committee financial
      expert”, the director, by virtue of his past employment experience, has
      considerable knowledge of financial statements, finance, and accounting, and
      has
      significant employment experience involving financial oversight
      responsibilities. Accordingly, we believe that our current director capably
      fulfills the duties and responsibilities of an audit committee in the absence
      of
      such an expert.




24
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          of Contents*




**Code
      of Ethics**




We
      have
      adopted a code of ethics that applies to our principal chief executive officer,
      principal financial officer, principal accounting officer or controller, or
      persons performing similar functions (the “Code of Ethics”). The Code of Ethics
      is designed to deter wrongdoing, and to promote the following:




·
            Honest
                and ethical conduct, including the ethical handling of actual or
                apparent
                conflicts of interest between personal and professional
                relationships.




·
            Full,
                fair, accurate, timely and understandable disclosure in reports and
                documents that a small business issuer files with, or submits to,
                the
                Commission and in other public communications made by the small business
                issuer.




·
            Compliance
                with applicable governmental laws, rules and
                regulations.




·
            The
                prompt internal reporting of violations of the code to an appropriate
                person or persons identified in the
                code.




·
            Accountability
                for adherence to the code.




**Section
      16(a) Beneficial Ownership Reporting Compliance**




Under
      Section 16(a) of the Exchange Act, all executive officers, directors, and each
      person who is the beneficial owner of more than 10% of the common stock of
      a
      company that files reports pursuant to Section 12 of the Exchange Act, are
      required to report the ownership of such common stock, options, and stock
      appreciation rights (other than certain cash-only rights) and any changes in
      that ownership with the Commission. Specific due dates for these reports have
      been established, and we are required to report, in this Form 10-KSB, any
      failure to comply therewith during the fiscal year ended December 2006. We
      believe that all of these filing requirements were satisfied by our executive
      officer, director and by the beneficial owners of more than 10% of our Common
      Stock.




**Item
      10.****Executive
      Compensation**




The
      following table sets forth all compensation awarded to, earned by, or paid
      to
      the Company’s Chief Executive Officer, Mr. Bryan Kuskie, since fiscal 2004. Mr.
      Kuskie was the only executive officer during 2006 and 2005.




**Summary
                Compensation Table**Annual
                CompensationName
                and Principal Position
            
            Year
            
            Salary
            
            Other
            
            StockAward
            
            OptionAward
            
            TotalBryan
                Kuskie,
              Chief
                Executive Officer
            
            
            2006
            
            $
            -0-
            
            $
            -0-
            
            $
            0
            
            $
            0
            
            $
            -0-2005
            
            $
            -0-
            
            $
            -0-
            
            $
            0
            
            $
            0
            
            $
            -0-2004
            
            $
            -0-
            
            $
            -0-
            
            $
            0
            
            $
            0
            
            $
            -0-




25
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          of Contents*




**Employment
      Contracts**




*Bryan
      Kuskie* .
      There
      was an employment agreement in place for the year 2006 between us and Bryan
      Kuskie, our Chief Executive Officer and President pursuant to which
      he received  an
      annual
      base salary until the three year expiration on December 31, 2008. However,
      this
      agreement was rescinded by Mr. Kuskie as of January 1, 2007 and no further
      commitment exists as of such date.




**Stock
      Option Awards**




There
      were no options granted to our Chief Executive Officer during 2006.




**Item
      11.**  **Security
      Ownership of Certain Beneficial Owners and Management and Related Stockholder
      Matters**




The
      following table sets forth certain information regarding the beneficial
      ownership of our Common Stock as of
      March
      22, 2007 (i) each person known to us to be the beneficial owner of more than
      5%
      of our Common Stock, (ii) each director and executive officer, and (iii) all
      directors and executive officers as a group. As of March
      22,
      2007, there
      were 342 ,375,000 **** shares
      of
      Common Stock issued and outstanding.




Name
                and Address of Beneficial Owner(1)
            Amount
                and Nature
              of
                BeneficialOwnership(2)(3)
            Percentage
              of
                Class(4)Bryan
                Kuskie
              21205
                Hickory Forest Way
              Germantown,
                MD 20876
            194,675,000
            56.9%MJMM
                Investments
              280
                Wekiva Springs Roadm Suite 201
              Longwood,
                FL 32779
            24,000,000
            7.0%Officers
                and directors as a group (2 persons)
            342,375,000
            63.9%




(1)  As
      used
      herein, a person is deemed to be the “beneficial owner” of a security if he or
      she has or shares voting or investment power with respect to such security,
      or
      has the right to acquire such ownership within sixty (60) days. As used herein,
      “voting power” includes the power to vote or to direct the voting of shares, and
“investment power” includes the power to dispose or to direct the disposition of
      shares, irrespective of any economic interest therein.




(2)  Except
      as
      otherwise indicated by footnote, the persons named in the table have sole voting
      and investment power with respect to all Common Stock beneficially owned by
      them.




(3)  Percentage
      ownership for a given individual or group is calculated on the basis of (i)
      the
      amount of outstanding shares owned as of March 22, 2007 *plus* ,
      (ii)
      the number of shares that such individual or group has the right to acquire
      within sixty (60) days pursuant to options, warrants, conversion privileges
      or
      other rights, of which none exist.




**Item
      12.****Certain
      Relationships and Related Transactions**




None




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**Item
      13.**  **Exhibits
      and Reports on Form 8-K**




(a)  Exhibits .
      The
      exhibit list required by Item 13 of Form 10-KSB is provided in the “ Index
      to Exhibits ”
located
      herein, immediately following Item 14.




(b)
            Reports
                on Form 8-K Filed in Last Quarter of Fiscal Year 2006.
                None




**Item
      14.**  **Principal
      Accountant Fees and Services**




Fees
      Billed For Audit and Non-Audit Services




The
      following table represents the aggregate fees billed for professional audit
      services rendered to us by Traci J. Anderson, CPA for the years 2005 and 2006
      and all fees billed for other services rendered by Traci J. Anderson during
      those periods.




Year
                Ended December 31,
            
            2006
            
            2005Audit
                Fees(1)
            
            $
            10,000
            
            $
            10,000Audit-Related
                Fees(2)
            
            
            --
            
            
            --Tax
                Fees(3)
            
            
            --
            
            
            --All
                Other Fees(4)
            
            
            --
            
            
            --Total
                Accounting Fees and Services
            
            $
            10,000
            
            $
            10,000




(1)
            *Audit
                Fees*.
                These are fees for professional services for the audit of our annual
                financial statements.




(2)
            *Audit-Related
                Fees*.
                These are fees for the assurance and related services reasonably
                related
                to the performance of the audit or the review of our financial
                statements.




(3)
            *Tax
                Fees*.
                These are fees for professional services with respect to tax compliance,
                tax advice, and tax planning.




(4)
            *All
                Other Fees*.
                These are fees for permissible work that does not fall within any
                of the
                other fee categories, i.e., Audit Fees, Audit-Related Fees, or Tax
                Fees.




**Pre-Approval
      Policy for Audit and Non-Audit Services**




We
      do not
      have a standing audit committee, and the full Board performs all functions
      of an
      audit committee, including the pre-approval of all audit and non-audit services
      before we engage an accountant. All of the services rendered to us by the
      independent accountants during 2006 were pre-approved by our Board of
      Directors.




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**INDEX
      TO EXHIBITS**




**ExhibitNumber**
            **Description**3.1
            Articles
                of Incorporation of Envirosafe Corporation **3.2
            Bylaws
                of Envirosafe Corporation **4.1
            See
                Exhibits 3.1 and 3.2 for the provisions of our Articles of Incorporation
                and Bylaws that define the rights of holders of our Common
                Stock4.2
            Specimen
                of Common Stock Certificate **10.1
            Employment
                Agreement of Bryan Kuskie, dated January 1, 2006 **14.1
            Proposed
                Code of Ethics **31.1
            Rule
                13a-14(a)/15d-14(a) Certifications of Bryan Kuskie,
                Chief Executive and Financial Officer *32.1
            Section
                1350 Certifications of Bryan Kuskie, Chief
                Executive and Financial Officer *99.1
            Cautionary
                Statements for Purposes of the Safe Harbor
                Provision of the Private Securities Litigation Reform Act of 1995
                *




*  Filed
      herewith.




**
            Contained
                in our Form 10-SB, as filed with the Commission on January 18,
                2007.




28
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          of Contents*




**SIGNATURES**




In
      accordance with the Section 13 or 15(d) of the Exchange Act, the registrant
      caused this report to be signed on its behalf by the undersigned, thereunto
      duly
      authorized.




ENVIROSAFE
                  CORPORATIONDate: March
              22, 2007
            By:
            /s/ Bryan
              KuskieBryan
                Kuskie, Chief Executive Officer




In
      accordance with the Exchange Act, this report has been signed below by the
      following persons on behalf of the registrant and in the capacities and on
      the
      dates indicated.




**Signature**
            **Title**
            **Date***/s/
                Bryan Kuskie*
            Director
            March
                22, 2007Bryan
                Kuskie




29