U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 10-QSB


|X| QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (D) OF THE SECURITIES EXCHANGE
ACT OF 1934 FOR THE QUARTER ENDED MAY 31, 2005


|_| TRANSITIONAL REPORT UNDER SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT
OF 1934 (NO FEE REQUIRED)


                           Commission File No. 0-32923


                           GIANT JR. INVESTMENTS CORP.
                 (Name of Small Business Issuer in its Charter)



            NEVADA                                            33-0198542
-------------------------------                       --------------------------
(State or other jurisdiction of                            (I.R.S. Employer
 incorporation of organization)                         Identification Number)


                        2575 McCabe Way, Irvine, CA 92614

                      Address of principal executive office
                                 (949)-486-1711
                            Issuer's telephone number

  Check whether the issuer has (1) filed all reports required by Section 12 or
5(d) of the Exchange Act during the past 12 months, and (2) been subject to such
       filing requirements for the past ninety (90) days. Yes |X|  No |_|

     As of May 31, 2005, 1,394,529 shares of Common Stock were outstanding.

<PAGE>

                           GIANT JR. INVESTMENTS CORP.

                                TABLE OF CONTENTS

                              Report on Form 10-QSB
                                For quarter ended
                                  May 31, 2005

PART 1   FINANCIAL INFORMATION

Item 1.    Financial Statements

           Consolidated Balance Sheets at May 31, 2005 (Unaudited)

           Consolidated  Statements of Operations  for the Three Months
           and Nine Months ended May 31, 2005 and 2004 (Unaudited)

           Consolidated Statements of Cash Flows for the Nine Months
           ended May 31, 2005 and 2004 (Unaudited)

           Notes to the Consolidated Financial Statements (Unaudited)

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

Item 3.    Controls and Procedures


PART II  OTHER INFORMATION

Item 1.    Legal Proceedings

Item 2.    Changes in Securities

Item 3.    Defaults upon Senior Securities

Item 4.    Submission of Matters to Vote of Security Holders

Item 5.    Other Information

Item 6.    Exhibits and Reports on Form 8-K

Signatures and Certifications

Exhibit 99.1 Certification pursuant to Section 906 of the Sarbanes-Oxley Act of
2002

<PAGE>

ITEM 1 - Financial Information

                           GIANT JR. INVESTMENTS CORP.
                                  BALANCE SHEET
                                  MAY 31, 2005
                                   (UNAUDITED)

                                     ASSETS
                                     ------
CURRENT ASSETS:
      Cash & cash equivalents                                       $       214
      Deposits                                                            1,595
                                                                    -----------
               Total assets                                         $     1,809
                                                                    ===========

                          LIABILITIES AND STOCKHOLDERS' DEFICIT
                          -------------------------------------

CURRENT LIABILITIES:
      Accounts payable & accrued expenses                           $   213,738
      Note payable - officer                                              7,500
      Other payable                                                      11,848
      Note payable - shareholder                                        168,475
      Convertible debenture                                             100,000
                                                                    -----------
               Total current liabilities                                501,561

STOCKHOLDERS' DEFICIT
      Common stock, $0.001 par value; 300,000,000 shares authorized
      1,394,529 shares issued and outstanding                             1,395
      Additional paid in capital                                      6,079,839
      Beneficial conversion feature                                    (187,331)
      Accumulated deficit                                            (6,393,656)
                                                                    -----------
               Total stockholders' deficit                             (499,753)
                                                                    -----------
               Total liabilities and stockholders' deficit          $     1,809
                                                                    ===========

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

                                       1
<PAGE>

                           GIANT JR. INVESTMENTS CORP.
                            STATEMENTS OF OPERATIONS
                                   (UNAUDITED)

<TABLE>
<CAPTION>
                                                                          THREE MONTH PERIODS ENDED        NINE MONTH PERIODS ENDED
                                                                                    May 31,                        May 31,
                                                                             2005             2004          2005            2004
                                                                          -----------    -------------   -----------    -----------
<S>                                                                       <C>            <C>             <C>            <C>
Net revenues                                                              $        --    $          --   $        --    $        --
Operating expenses
   General and administrative                                                  57,413               --       194,733             --
   Depreciation & amortization                                                187,330               --       555,882             --
                                                                          -----------    -------------   -----------    -----------
          Total operating expenses                                            246,243               --       750,615             --
                                                                          -----------    -------------   -----------    -----------
Loss from operations                                                         (246,243)              --      (750,615)            --

Non-Operating Expense (Income):
          Interest expense                                                      6,435               --        15,999             --
          Loss on sale of marketable securities                                    --               --        17,921             --
                                                                          -----------    -------------   -----------    -----------
                     Total non-operating expense (income)                       6,435               --        33,920             --
                                                                          -----------    -------------   -----------    -----------

Loss from continuing operations before income tax                            (252,679)              --      (784,535)            --
                                                                          -----------    -------------   -----------    -----------

Provision for income tax                                                           --               --           800             --

                                                                          -----------    -------------   -----------    -----------
Loss from continuing operations                                              (252,679)              --      (785,335)            --

Discontinued operations
          Loss from operations of discontinued operations                          --       (4,053,251)           --     (4,161,086)

                                                                          -----------    -------------   -----------    -----------
Net loss                                                                  $  (252,679)   $  (4,053,251)  $  (785,335)   $(4,161,086)
                                                                          ===========    =============   ===========    ===========

Basic and diluted loss per share from continuing operations               $     (0.18)   $          --   $     (0.56)   $        --
                                                                          ===========    =============   ===========    ===========

Basic and diluted loss per share from discontinued operations             $        --    $       (3.05)  $        --    $     (5.76)
                                                                          ===========    =============   ===========    ===========

Basic and diluted net loss per share                                      $     (0.18)   $       (3.04)  $     (0.56)   $     (5.75)
                                                                          ===========    =============   ===========    ===========

Basic and diluted weighted average shares outstanding                       1,394,529        1,333,783     1,394,529        723,834
                                                                          ===========    =============   ===========    ===========

</TABLE>

* Weighted  average  number of shares used to compute basic and diluted loss per
share is the same since the effect of dilutive securities is anti-dilutive.

* The basic and  diluted  net loss per  share has been  stated to  retroactively
effect 100:1 reverse split on December 1, 2004.

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

                                       2
<PAGE>

                           GIANT JR. INVESTMENTS CORP.
                            STATEMENTS OF CASH FLOWS
                                   (UNAUDITED)

<TABLE>
<CAPTION>
                                                                     NINE MONTH PERIODS ENDED
                                                                              MAY 31,
                                                                     2005               2004
                                                                 ------------        ------------
<S>                                                              <C>                 <C>
CASH FLOWS FROM OPERATING ACTIVITIES:
    Net loss                                                     $   (785,335)       $ (4,161,086)
    Adjustments to reconcile net loss to net cash
       used in operating activities:
       Depreciation and amortization                                  555,882              22,312
       Shares to be issued for services                                    --           2,042,178
       Loss on sale of marketable securities                           17,921           1,920,000
       (Increase) decrease in current assets:
             Receivables                                               19,080             (41,083)
             Inventory                                                     --             (20,499)
             Deposits                                                    (550)             12,981
             Prepaid expenses                                              --              41,981
       (Decrease) increase in current liabilities:
             Accounts payable and accrued expense                      28,254             (22,707)
             Other payable                                             11,848                  --
             Due to factor                                             (9,101)                 --
                                                                 ------------        ------------
            Net cash used in operating activities                    (162,002)           (205,923)

CASH FLOWS FROM INVESTING ACTIVITIES:
       Cash received from the sale of investment stock                 63,480                  --
                                                                 ------------        ------------
            Net cash provided by investing activities                  63,480                  --

CASH FLOWS FROM FINANCING ACTIVITIES:
       Cash received from stock issuances                                  --              50,000
       Payments of notes payable                                           --             (12,672)
       Proceeds from loan                                              98,455              70,000
       Proceeds from note payable                                          --              87,875
                                                                 ------------        ------------
            Net cash provided by financing activities                  98,455             195,203

                                                                 ------------        ------------
NET DECREASE IN CASH & CASH EQUIVALENTS                                   (67)            (10,720)

CASH & CASH EQUIVALENTS, BEGINNING BALANCE                                281              10,837

                                                                 ------------        ------------
CASH & CASH EQUIVALENTS, ENDING BALANCE                          $        214        $        117
                                                                 ============        ============
</TABLE>

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

                                       3
<PAGE>

                           GIANT JR INVESTMENTS CORP.
                     NOTES TO UNAUDITED FINANCIAL STATEMENTS

NOTE 1. DESCRIPTION OF BUSINESS AND BASIS OF PRESENTATION

Giant Jr.  Investments  Corp.  was  incorporated  in Nevada in 1984 as  Southern
Development  Company,  Inc.  (SDC).  In December 1994 SDC merged with Integrated
Communications  Access  Network,  Inc.  (ICAN).  ICAN's main  business  activity
centered on the interactive  television and  telecommunications  industries.  In
March 1996,  ICAN changed its name back to SDC. In September  1998, the Company,
under new  management,  changed  its name to  EssxSport  Corp.  and  changed its
business focus to the sport equipment industry.

On March 1, 2004 the Company purchased  4,800,000 shares of common stock of Miss
Beverly Hills,  Inc.  ("MBH"),  representing  30% of the issued and  outstanding
common stock of MBH for 600,000 shares of Company's common stock. The investment
in MBH has been recorded under the equity method of  accounting.  The Securities
Exchange  Agreement  provides  for the MBH  Shareholders  to have  two of  their
nominees  appointed  directors  of the  Company.  This would bring the number of
directors  of the  Company to ten. As of May 31,  2005,  MBH  Shareholders  have
appointed one nominee as a Director of the Company.

On April 9, 2004, the Company's  shareholders  approved amending the Articles of
Incorporation to change name to "Giant Jr. Investments, Corp."

On July 1, 2004, the Company  elected to become a business  development  company
(BDC),  regulated  pursuant to Section 54 of the Investment Company Act of 1940.
The company's  core focus will be to invest in growth  businesses  mainly in the
private  sector and thinly traded  public U.S  companies as specified  under the
guidelines of Section 55 (a) of Investment Company Act of 1940. The Company will
make available  significant  managerial assistance to its portfolio companies in
the areas of strategic  planning & corporate  development,  investor  awareness,
corporate finance and M&A.

The  Company's  major  operation  was to sell several lines of sporting gear and
equipment under the brand name EssxSport.  The Company produced and manufactured
its own brand  products  and private  labeled  products for others in the Sports
Industry.  The Company also contracted with  manufacturers for the production of
other sports  equipment and various other lines,  primarily  targeting the track
and field market, with products used in Baseball,  Basketball,  Volleyball,  and
Soccer,  marketing  directly to end users via the  internet,  catalog  sales and
trade  shows.  Effective  August 31,  2004 the  Company  sold,  transferred  and
delivered  all of its assets  relating to its pole vault and sports  business to
its former  President  and  director.  The assets sold  included  names,  logos,
trademarks,  and endorsements  relating to name "EssxSport",  all the equipment,
tools, inventory at the Texas location and 100% ownership stock certificates for
Eonlinesports.com, Inc. (Note 10)

                                       4
<PAGE>

BASIS OF PRESENTATION

The accompanying  unaudited  condensed  interim  financial  statements have been
prepared in accordance  with the rules and  regulations  of the  Securities  and
Exchange Commission for the presentation of interim financial  information,  but
do not include all the information and footnotes  required by generally accepted
accounting principles for complete financial  statements.  The audited financial
statements  for the year ended  August 31, 2004 were filed on December  15, 2004
with the Securities and Exchange  Commission  and is hereby  referenced.  In the
opinion  of  management,   all  adjustments  considered  necessary  for  a  fair
presentation have been included.  Operating  results for the three-month  period
and nine-month  period ended May 31, 2005 are not necessarily  indicative of the
results that may be expected for the year ended August 31, 2005.

USE OF ESTIMATES

In  preparing  financial   statements  in  conformity  with  generally  accepted
accounting principles,  management is required to make estimates and assumptions
that affect the reported amounts of assets and liabilities and the disclosure of
contingent  assets and  liabilities at the date of the financial  statements and
revenues and expenses during the reporting  period.  Actual results could differ
from those estimates.

INVESTMENTS

The  equity  method of  accounting  is used for all  investments  in  associated
companies  in which the  company's  interest is between  20% and 50%.  Under the
equity method, the Company recognizes its share in the net earnings or losses of
these associated  companies as they occur rather than as dividends are received.
Dividends  received are  accounted for as a reduction of the  investment  rather
than  as  dividend  income.  Losses  from  the  equity  investments  reduce  the
receivables  from  the  associated  companies.  The  Company  did not  have  any
investment at May 31, 2005.

ACCOUNTS PAYABLE & ACCRUED EXPENSES

Accounts payable and accrued expenses at May 31, 2005 consist of the following:


Accounts payable                       $   143,097
Accrued payroll                             19,150
Accrued expenses - other                    51,491
                                       -----------
                                       $   213,738
                                       ===========

                                       5
<PAGE>

ISSUANCE OF SHARES FOR SERVICE

The Company accounts for the issuance of equity instruments to acquire goods and
services  based on the fair value of the goods and services or the fair value of
the  equity  instrument  at the time of  issuance,  whichever  is more  reliably
measurable.  The Company has not issued any share  during the nine month  period
ended May 31, 2005.

RECLASSIFICATIONS

Certain  comparative  amounts have been reclassified to conform with the current
period's presentation.

NOTE 2. NEW ACCOUNTING PRONOUNCEMENTS

In November  2004, the Financial  Accounting  Standards  Board  ("FASB")  issued
Statement of Financial  Accounting  Standards No. 151 ("SFAS  151"),  "Inventory
Costs,  an amendment of ARB No. 43, Chapter 4." The amendments  made by SFAS 151
clarify that abnormal amounts of idle facility expense, freight, handling costs,
and wasted materials  (spoilage) should be recognized as current-period  charges
and require the allocation of fixed  production  overheads to inventory based on
the normal capacity of the production facilities.  The guidance is effective for
inventory  costs  incurred  during fiscal years  beginning  after June 15, 2005.
Earlier  application  is permitted for inventory  costs  incurred  during fiscal
years beginning after November 23, 2004. The Company has evaluated the impact of
the adoption of SFAS 151, and does not believe the impact will be significant to
the Company's overall results of operations or financial position.

In December  2004, the FASB issued SFAS 123R,  "Share-Based  Payment." SFAS 123R
will  provide  investors  and  other  users of  financial  statements  with more
complete and neutral  financial  information by requiring that the  compensation
cost relating to  share=based  payment  transactions  be recognized in financial
statements.  That cost will be measured based on the fair value of the equity or
liability  instruments  issued.  SFAS 123R  covers a wide  range of  share-based
compensation  arrangements  including  share  options,  restricted  share plans,
performance-based awards, share appreciation rights, and employee share purchase
plans. SFAS 123R replaces SFAS 123,  "Accounting for Stock-Based  Compensation,"
and  supersedes   Accounting   Principles   Board  Opinion  25  ("Opinion  25"),
"Accounting  for Stock Issued to Employees."  SFAS 123, as originally  issued in
1995,  established  as preferable a  fair-value-based  method for accounting for
share-based  payment  transactions with employees.  However,  SFAS 123 permitted
entities the option of  continuing  to apply the guidance in Opinion 25, as long
as the  footnotes to financial  statements  disclosed  proforma net income using
fair-value-based  methods. Public entities are required to apply SFAS 123R as of
the first annual  reporting  period that begins after June 15, 2005. The Company
has not  yet  determined  which  transaction  method  will  be  adopted  for the
recognition of the  stock-based  compensatory  expense and the Company  believes
that expensing of stock options will not have a material impact on its financial
statements going forward due to its limited utilization of stock options.


                                       6
<PAGE>

NOTE 3. NOTES PAYABLE - RELATED PARTIES

Note payable to an officer of the Company due on
demand, bearing an annual interest rate of 8%,
unsecured                                            $     7,500
                                                     ===========

Note payable to a shareholder, due on demand,
bearing an annual interest rate of 12%, unsecured    $   168,475
                                                     ===========

Interest  expense  from notes  payable  amounted to $4,389  (including  $150 for
interest to officer)  and $0 for the  three-month  period ended May 31, 2005 and
2004,  respectively  and $9,860  (including $375 for interest to officer) and $0
for the nine-month period ending May 31, 2005 and 2004, respectively.

NOTE 4. MARKETABLE SECURITIES

The Company's investment in securities is classified as available-for-sale  and,
as such, is carried at fair value. All of the securities  comprised of shares of
common stock of investee.  Securities  classified as  available-for-sale  may be
sold in response to changes in interest rates,  liquidity  needs,  and for other
purposes.  The Company does not have any  held-to-maturity or trading securities
as of May 31, 2005.

Unrealized  holding  gains and  losses  for  available-for-sale  securities  are
excluded  from  earnings and reported as a separate  component of  stockholder's
equity.    Realized   gains   and   losses   for   securities    classified   as
available-for-sale  are reported in earnings based upon the adjusted cost of the
specific security sold.

The Company did not have any marketable  securities as on May 31, 2005 and 2004,
respectively.  The  Company  sold all of its  marketable  securities  during the
nine-month  period  ended May 31,  2005 and  recorded  a loss of  $17,921 in the
accompanying financial statements as follows:

<TABLE>
<CAPTION>

                                         Sales Proceeds    Cost Basis    Loss for theperiod
                                         --------------    ----------    ------------------
<S>                                        <C>               <C>              <C>
Marketable securities-Common stock         $  63,480         $  81,401        $ (17,921)
                                           =========         =========        =========
</TABLE>


NOTE 5. COMMON STOCK AND PAID IN CAPITAL

On November 2, 2004,  the Company  agreed to issue  13,900 post split  shares to
former  employee for services  rendered  amounting to $11,848.  In May 2005, the
Company  renegotiated  the agreement with the former employee to pay him $11,848
instead of issuing him common stock valued at $11,848.  The Company is obligated
to pay the $11,848 on or before  December 31,  2005.  This amount is included in
the other payable.

The Board of Directors  of the Company  approved a  one-for-one-hundred  reverse
split of its common stock on October 1, 2004.  The reverse split was  previously
approved by the company's stockholders, and took effect on December 1, 2004. All
shares  and per share data have been  retroactively  restated  to reflect  these
stock splits.


                                       7
<PAGE>

NOTE 6. CONVERTIBLE DEBENTURE

During the period ended August 31, 2004, the Company raised funding  through the
placement of convertible promissory notes in the amount of $100,000. These notes
are essentially demand notes that have a fifteen-month term and bear interest at
8% annually.  The  note-holder has a right to convert the debt into common stock
of the Company at $0.01 per share. The conversion shall be done on or before the
expiration or maturity date of the note.  The notes are secured by the assets of
the Company. The Company recorded $900,000 as beneficial  conversion feature for
the notes. A beneficial conversion expense of $555,882 for the nine-month period
ending May 31, 2005 was recorded on these transactions.


NOTE 7. NET LOSS PER SHARE

Net loss per share is calculated  in accordance  with the Statement of financial
accounting  standards No. 128 (SFAS No. 128),  "Earnings  per share".  Basic net
loss per share is based  upon the  weighted  average  number  of  common  shares
outstanding.  Diluted  net loss per  share is based on the  assumption  that all
dilutive  convertible  shares and stock  options were  converted  or  exercised.
Dilution is computed by applying the treasury  stock method.  Under this method,
options and warrants are assumed to be exercised at the  beginning of the period
(or at the time of issuance,  if later),  and as if funds obtained  thereby were
used to purchase common stock at the average market price during the period.

Weighted  average  number of shares used to compute  basic and diluted  loss per
share is the same in this  financial  statement  since the  effect  of  dilutive
securities is anti-dilutive.


NOTE 8. SUPPLEMENTAL DISCLOSURE OF CASH FLOWS

The Company  prepares its statements of cash flows using the indirect  method as
defined under the Financial Accounting Standard No. 95.

The Company  paid $0 for income tax during the  nine-month  period ended May 31,
2005 and 2004. The Company paid $0 interest  during the nine-month  period ended
May 31, 2005 and 2004, respectively.


NOTE 9 - GOING CONCERN

The Company's  financial  statements are prepared  using the generally  accepted
accounting  principles  applicable to a going concern,  which  contemplates  the
realization  of assets and  liquidation  of  liabilities in the normal course of
business. However, the Company has accumulated deficit of $6,393,656 through May
31, 2005.  The Company has  incurred a net loss of $785,335  for the  nine-month
period   ending  May  31,  2005.  In  view  of  the  matter   described   above,
recoverability  of a major  portion of the recorded  asset  amounts shown in the
accompanying  balance  sheets is  dependent  upon  continued  operations  of the
Company,  which  in turn is  dependent  upon  the  Company's  ability  to  raise
additional  capital,  obtain financing and to succeed in its future  operations.
The  financial  statements  do  not  include  any  adjustments  relating  to the
recoverability  and  classification  of  recorded  asset  amounts or amounts and
classification  of  liabilities  that might be  necessary  should the Company be
unable to continue as a going concern.

                                       8
<PAGE>

Management  has taken steps to revise its operating and financial  requirements,
which it believes  are  sufficient  to provide  the Company  with the ability to
continue on in next twelve months. Management devoted considerable effort during
the period  ended  February  28, 2005  towards  management  of  liabilities  and
improving the  operations.  The management  believes that the above actions will
allow the Company to continue its operations through the next twelve months.

NOTE 10 - DISCONTINUED OPERATIONS

On August 31, 2004,  the Company  sold,  transferred  and  delivered  all of its
assets  relating to its pole vault and sports  business to its former  President
and director.

The assets sold included names, logos, trademarks,  and endorsements relating to
name "EssxSport",  all the equipment, tools, inventory at the Texas location and
100% ownership stock certificates for Eonlinesports.com, Inc.

All the activity for the  nine-month  period ended May 31, 2004  pertains to the
sports business which has been discontinued.  The entire loss for the nine-month
period  ended May 31, 2004 has been  reflected  on the  financials  as loss from
operations of discontinued operations amounting to $4,161,086.

NOTE 11 - SUBSEQUENT EVENTS

On June 1, 2005, the Company renegotiated its convertible  debenture of $100,000
with a third  party and  executed  an  unsecured  promissory  note  which is not
convertible  for  $100,000  carrying  an interest  rate of 9% per anum,  due and
payable on or before December 31, 2005.

On June 1, 2005,  shareholders who  collectively  owned 723,098 common shares or
52% of the issued and  outstanding  common  shares of the Company  consented  in
writing to  terminate  the  Company's  legal  status as a  Business  Development
Company ("BDC") as defined under Section 2(a) (48) of the Investment Company Act
of 1940, as amended. After the termination,  the Company will be governed by the
rules  and  regulations  promulgated  under the  Securities  Act of 1933 and the
Securities and Exchange Act of 1934.

                                       9
<PAGE>

Item 2: Management's Discussion and Analysis of Financial Condition

Background

1. Giant Jr. Investments Corp.

The Company's major operation was the sale of several lines of sporting gear and
equipment under the brand name EssxSport.  The Company produced and manufactured
it own brand  products  and private  labeled  products  for others in the Sports
Industry.  The Company also contracted with  manufacturers for the production of
other sports  equipment and various other lines,  primarily  targeting the track
and field market, with products used in Baseball,  Basketball,  Volleyball,  and
Soccer,  marketing  directly to end users via the  internet,  catalog  sales and
trade  shows.  Effective  August 31,  2004 the  Company  sold,  transferred  and
delivered  all of its assets  relating to its pole vault and sports  business to
its former  President  and  director.  The assets sold  included  names,  logos,
trademarks,  and endorsements  relating to name "EssxSport",  all the equipment,
tools, inventory at the Texas location and 100% ownership stock certificates for
Eonlinesports.com, Inc.

On April 11, 2005,  the Company  entered  into a share  exchange  agreement,  to
acquire 16 million  shares of Wall  Street  Direct,  Inc.  ("WSD")  representing
approximately  40% of the  issued  and  outstanding  common  shares  of WSD,  in
exchange  for 7 million  common  shares of the  Company.  On May 25,  2005,  the
Company and WSD mutually agreed to terminate the agreement  citing the timing of
merger was not right for both the companies.

On June 1, 2005, the Company's  Board of Directors and the  shareholders  owning
approximately  52% of  the  Company's  common  stock  consented  in  writing  to
terminate  the Company's  status as a Business  Development  company.  After the
termination  is  effected  the  Company  will  be  governed  by  the  rules  and
regulations  promulgated under the Securities Act of 1933 and the Securities and
Exchange Act of 1934.

The Company's fiscal year ends on August 31st.

2. Portfolio Company

MISS BEVERLY HILLS INC. (30%)

Miss  Beverly  Hills Inc.  (MBH) is a  licensing  vehicle  currently  focused in
establishing a successful private labeling, media & entertainment, model agency,
and other  ventures  capable of  promoting  its brand.  The Company is intent on
leveraging the  well-known  "Miss Beverly Hills" brand name across a broad range
of business  opportunities.  MBH wants to position as a leading  household brand
name related to different products and services,  which are synonymous to style,
elegance, sophistication and prestige.

                                       10
<PAGE>

MBH has added entertainment,  nutrition,  and media experts at senior management
level. The company has already set in place a team of experts,  a facility,  and
the resources to establish a chain of  successful  modeling  agencies,  modeling
management companies,  and various other entertainment and media projects, which
should  ultimately  serve as a  promotional  platform for the Miss Beverly Hills
Inc. brand.

Based on MBH's current  business  stage of  development,  Management has taken a
conservative  approach in valuation of MBH trademark and its operating business.
For period  ending May 31, 2005,  market  quotation  for MBH  securities  is not
available to assess the fair market  value of our  investment.  From  September,
2004 to May 31, 2005,  MBH trademark  has not been  associated to any product or
services,  licensing  and/or private  labeling  agreement,  which is significant
enough for  Management  to put a fair value on MBH  investment  as determined in
good faith,  consequently  Management has  attributed no value to MBH.  However,
Management  believes that going forward MBH's management not only will undertake
initiatives to create market price for its securities for which market quotation
will be readily  available on a stock  exchange but also should be in a position
to leverage its brand name to have a successful  operating  private labeling and
licensing  business.  Until such initiatives are  successfully  carried out, the
Company cannot realize any valuation from this investment.

Results of  Operations:  The results of  operations of the Company for the three
months and nine months ended May 31, 2005 and 2004  consisted of the  operations
of the Company.  The Company reported net losses of $252,679 and $785,335 during
the three  months and nine months  ended May 31, 2005  compared to net losses of
$4,053,251  and  $4,161,086  for the same  periods in 2004.  The  Company  sold,
transferred  and  delivered  all of its  assets  relating  to its pole vault and
sports business to its former President and director on August 31 2004.

Sales  and  Cost of  sales:  There  were no  sales  and  cost of  sales  for the
three-months  and nine months ended May 31,  2005.  All of the sales and cost of
sales for the three months and nine months ended May 31, 2004 were attributed to
the business, which was discontinued on August 31, 2004.

Operating  expenses:  Operating  expenses  for the three  months and nine months
ended May 31,  2005  totaled  $246,243  and  $750,615.  The  operating  expenses
primarily consist of general and administrative expenses of $57,413 and $194,733
for the three and nine months ended May 31, 2005 and  amortization of beneficial
conversion  feature on the  convertible  notes of $187,330  and $555,882 for the
three months and nine months ending May 31, 2005. The accompanying financials do
not show any  operating  expenses for three months and nine months ended May 31,
2004 because the  operating  expenses  were related to the  business,  which was
discontinued on August 31, 2004.

Liquidity and capital resources:  Cash and cash equivalents at May 31, 2005 were
$214  compared to $117 at May 31, 2004.  The Company  believes  that current and
anticipated  future cash  requirements  for the next three months cannot be met.
The Company  plans to raise  necessary  funds by  bringing in business  partners
whose contributions would include necessary cash. There can be no assurance that
new business  partners will be secured and additional  funding will be available
on favorable  terms,  if at all. No  assurance  can be made,  however,  that the

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<PAGE>

Company  will have access to the capital  markets in future,  or that  financing
will be available on acceptable terms to satisfy the Company's cash requirements
needed to implement its business  strategies.  The Company's inability to access
the capital markets or obtain acceptable financing could have a material adverse
affect on its results of operations and financial condition,  and could severely
threaten the Company's ability as a going concern.

Caution regarding forward-looking statements

The Company occasionally makes forward-looking  statements concerning its plans,
goals,  product and service offerings,  and anticipated  financial  performance.
These  forward-looking  statements may generally be identified by  introductions
such as "outlook"  for an upcoming  period of time, or words and phrases such as
"should", "expect", "hope", "plans", "projected", "believes", "forward- looking"
(or  variants of those words and  phrases) or similar  language  indicating  the
expression of an opinion or view concerning the future.

These forward-looking statements are subject to risks and uncertainties based on
a number of factors  and actual  results  or events may differ  materially  from
those anticipated by such forward-looking statements. These factors include, but
are not limited to: the growth rate of the  Company's  revenue and market share;
the consummation of new, and the  non-termination  of, existing  contracts;  new
competitors   entering  the  Company's   business,   the  Company's  ability  to
effectively  manage its  business  functions  while  growing  its  business in a
rapidly  changing  environment;  the  Company's  ability to adapt and expand its
services in such an environment; the Company's ability to successfully refinance
or extend its line of credit or obtain  alternative  sources of  financing;  the
effective  and  efficient  management  of the  Company's  inventory  levels  and
processing of sales orders;  the quality of the Company's  plans and strategies;
and the Company's ability to execute such plans and strategies

In  addition,  forward-looking  statements  concerning  the  Company's  expected
revenue  or  earnings  levels  are  subject  to  many  additional  uncertainties
applicable to  competitors  generally and to general  economic  conditions  over
which  the  Company  has no  control.  The  Company  does not plan to  generally
publicly update prior  forward-looking  statements for  unanticipated  events or
otherwise  and,  accordingly,  prior  forward-looking  statements  should not be
considered  to be "fresh"  simply  because the  Company has not made  additional
comments on those forward-looking statements.

PART 1

Item 3 Controls and Procedures

Evaluation of disclosure controls and procedures: The Company maintains controls
and procedures  designed to ensure that information  required to be disclosed in
this  report  is  recorded,  processed,  accumulated  and  communicated  to  our
management,  including  our chief  executive  officer and  principal  accounting
officer, to allow timely decisions regarding the required disclosure. Within the


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<PAGE>

90 days  prior to the  filing  date of this  report,  our  management,  with the
participation of our chief executive officer and principal  accounting  officer,
carried out an  evaluation of the  effectiveness  of the design and operation of
these  disclosure  controls  and  procedures.  Our chief  executive  officer and
principal  accounting officer concluded,  as of fifteen days prior to the filing
date  of  this  report,  that  these  disclosure  controls  and  procedures  are
effective.

Changes in internal  controls:  Subsequent to the date of the above  evaluation,
the Company made no  significant  changes in its  internal  controls or in other
factors  that could  significantly  affect these  controls,  nor did it take any
corrective  action,  as the evaluation  revealed no significant  deficiencies or
material weaknesses.

PART II. OTHER INFORMATION

On June 1, 2005, the Company's  Board of Directors and the  shareholders  owning
approximately  52% of  the  Company's  common  stock  consented  in  writing  to
terminate  the Company's  status as a Business  Development  Company.  After the
termination  is  effected  the  Company  will  be  governed  by  the  rules  and
regulations  promulgated under the Securities Act of 1933 and the Securities and
Exchange Act of 1934.

In May 2005,  the  Company  renegotiated  a prior  agreement  with  it's  former
President,  to pay him  $11,848  instead of issuing him common  stock  valued at
$11,848.  The Company is obligated to pay the $11,848 on or before  December 31,
2005.

Company  expects to file a form as N-54C,  Notification  of a Withdrawal of as a
Business Development Company, on or about July 18th, 2005.

Item 1. Legal Proceedings

None.

Item 2. Changes in Securities

None.

Item 3. Defaults Upon Senior Securities

None.

Item 4. Submission of Matters to a Vote of Securities Holders

None

Item 5. Other Information

None

Item 6. Exhibits and Reports on Form 8-K

(a) Form 8-K
         Filed  on April  11,  2005 - SEC Film  No.  05750484,  Incorporated  by
         reference
         Filed on April 25, 2005 - SEC Film No. 05859189, Incorporated
         by reference


(b) Exhibits

 Exhibit number and description

 31.1  Section 302 Certification

 32.1  Section 906 Certification

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<PAGE>

                                   SIGNATURES

In accordance with the  requirements of the Exchange Act, the registrant  caused
this  report to be  signed on its  behalf  by the  undersigned,  thereunto  duly
authorized.



Dated: July 15, 2005                     GIANT JR. INVESTMENTS CORP.

                                         By: /s/ Javan Khazali
                                         --------------------------
                                         Javan Khazali, Chief Executive
                                         Officer and Chief Financial Officer


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