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**UNITED      STATES SECURITIES & EXCHANGE COMMISSION**

**FORM      10-QSB-AMENDED**

**x QUARTERLY      REPORT      UNDER SECTION 13 OR 15(d) OF THE SECURITIES**

**AND      EXCHANGE ACT OF 1934**

**TRANSITION      REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE**

**ACT      OF 1934**

* *

**Subjex      Corporation**

| Minnesota                               |   | 41-1596056                                        |
|-----------------------------------------|--------|---------------------------------------------------|
| (State                of incorporation) |   | IRS                Employer Identification number |

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*Index*

INDEX

| **PART                I - FINANCIAL INFORMATION**                                     |                                           |
|---------------------------------------------------------------------------------------|------------------------------------------------|
|                                                                                  |                                           |   |
| ITEM                1.                                                                | Financial                Statements (Restated) | 3 |
|                                                                                  |                                           |   |
| **PART                II - OTHER INFORMATION**                                   |                                           |
|                                                                                  |                                           |   |
| ITEM                5.                                                                | Other                Information (Restated)    | 7 |
|                                                                                  |                                           |   |
| CERTIFICATION                PURSUANT TO SECTION 06 OF THE SARBANES-OXLEY ACT OF 2002 |                                           |
|                                                                                  |                                           |   |
|  CERTIFICATIONS              SIGNATURES                                          | 9                                              |

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*Index*

**ITEM      1: Financial Statements**

**SUBJEX      CORPORATION**

**FINANCIAL      STATEMENTS**

| Balance                Sheet (Restated)            |  4 |
|----------------------------------------------------|---------|
|                                               |    |
| Statements                of Operations (Restated) |  5 |
|                                               |    |
| Statements                of Cash Flows (Restated) |  6 |
|                                               |    |
| Notes                to Financial Statements       |  7 |

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*Index*

| SUBJEX                CORPORATION                                                                                                                                                                                                                     |   |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
| BALANCE                SHEETS                                                                                                                                                                                                                         |   |
| (Unaudited)                                                                                                                                                                                                                                           |   |   |   |   |   |   |
|                                                                                                                                                                                                                                                  |   |   |   |   |   |   |
|                                                                                                                                                                                                                                                  |   | March                31, |   |   | December 31, |   |
|                                                                                                                                                                                                                                                  |   | 2007 |   |   | 2006 |   |
|                                                                                                                                                                                                                                                  |   | (Restated) |   |   |   |   |
| ASSETS                                                                                                                                                                                                                                                |   |   |   |   |   |   |
| Current                Assets:                                                                                                                                                                                                                        |   |   |   |   |   |   |
| Cash                                                                                                                                                                                                                                                  |   | $ | 60,598 |   |   | $ | 96,835 |   |
| Accounts                receivable                                                                                                                                                                                                                    |   |   | 29,312 |   |   |   | - |   |
| Advances                                                                                                                                                                                                                                              |   |   | 8,607 |   |   |   | - |   |
| Prepaid                expenses                                                                                                                                                                                                                       |   |   | 65,625 |   |   |   | 8,395 |   |
|                                                                                                                                                                                                                                                  |   |   |   |   |   |   |   |   |
| Total                current assets                                                                                                                                                                                                                   |   |   | 164,142 |   |   |   | 105,230 |   |
|                                                                                                                                                                                                                                                  |   |   |   |   |   |   |   |   |
| Property                and Equipment, net                                                                                                                                                                                                            |   |   | 26,990 |   |   |   | 13,676 |   |
| Other                Assets, net                                                                                                                                                                                                                      |   |   | 8,101 |   |   |   | 8,101 |   |
|                                                                                                                                                                                                                                                  |   |   |   |   |   |   |   |   |
| Total                assets                                                                                                                                                                                                                           |   | $ | 199,233 |   |   | $ | 127,007 |   |
|                                                                                                                                                                                                                                                  |   |   |   |   |   |   |   |   |
|                                                                                                                                                                                                                                                  |   |   |   |   |   |   |   |   |
| LIABILITIES                AND STOCKHOLDERS' DEFICIT                                                                                                                                                                                                  |   |   |   |   |   |   |   |   |
|                                                                                                                                                                                                                                                  |   |   |   |   |   |   |   |   |
| Current                Liabilities:                                                                                                                                                                                                                   |   |   |   |   |   |   |   |   |
| Short-term                notes payable                                                                                                                                                                                                               |   |   | 32,634 |   |   |   | 58,634 |   |
| Subordinated                convertible notes payable                                                                                                                                                                                                 |   |   | 23,000 |   |   |   | 23,000 |   |
| Accounts                payable                                                                                                                                                                                                                       |   |   | 84,502 |   |   |   | 77,985 |   |
| Accrued                expenses:                                                                                                                                                                                                                      |   |   |   |   |   |   |   |   |
| Payroll                and payroll taxes                                                                                                                                                                                                              |   |   | 8,765 |   |   |   | 11,226 |   |
| Refunds                payable                                                                                                                                                                                                                        |   |   | - |   |   |   | 82,000 |   |
| Interest                                                                                                                                                                                                                                              |   |   | 20,783 |   |   |   | 20,783 |   |
|                                                                                                                                                                                                                                                  |   |   |   |   |   |   |   |   |
| Total                current liabilities                                                                                                                                                                                                              |   |   | 169,684 |   |   |   | 273,628 |   |
|                                                                                                                                                                                                                                                  |   |   |   |   |   |   |   |   |
| Long-term                debt:                                                                                                                                                                                                                        |   |   |   |   |   |   |   |   |
| Long-term                debt, less current portion                                                                                                                                                                                                   |   |   | - |   |   |   | - |   |
|                                                                                                                                                                                                                                                  |   |   |   |   |   |   |   |   |
| Total                liabilities                                                                                                                                                                                                                      |   |   | 169,684 |   |   |   | 273,628 |   |
|                                                                                                                                                                                                                                                  |   |   |   |   |   |   |   |   |
| Stockholders'                deficit:                                                                                                                                                                                                                 |   |   |   |   |   |   |   |   |
| Common                  stock, no par or stated value; 100,000,000 shares authorized:                  68,394,711 and 64,051,737 shares issued and outstanding at March                  31,                  2007and December 31, 2006, respectively |   |   | 5,570,405 |   |   |   | 5,216,155 |   |
| Accumulated                deficit                                                                                                                                                                                                                    |   |   | (5,540,856 | ) |   |   | (5,362,776 | ) |
|                                                                                                                                                                                                                                                  |   |   |   |   |   |   |   |   |
| Stockholders'                deficit                                                                                                                                                                                                                  |   |   | 29,549 |   |   |   | (146,621 | ) |
|                                                                                                                                                                                                                                                  |   |   |   |   |   |   |   |   |
|                                                                                                                                                                                                                                                  |   |   |   |   |   |   |   |   |
| Total                liabilities and stockholders’ deficit                                                                                                                                                                                      |   | $ | 199,233 |   |   | $ | 127,007 |   |

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*Index*

| SUBJEX                CORPORTION                                                                 |   |
|--------------------------------------------------------------------------------------------------|--------|
| STATEMENTS                OF OPERATIONS                                                          |   |
| (Unaudited)                                                                                      |   |
|                                                                                             |   |   |   |   |   |   |
|                                                                                             |   | Three                Months Ended March 31, |   |
|                                                                                             |   | 2007 |   |   | 2006 |   |
|                                                                                             |   | (Restated) |   |   |   |   |
|                                                                                             |   |   |   |   |   |   |
| Revenues                                                                                         |   | $ | 40,374 |   |   | $ | 88,726 |   |
|                                                                                             |   |   |   |   |   |   |   |   |
| Expenses:                                                                                        |   |   |   |   |   |   |   |   |
| Selling,                general and administrative                                               |   |   | 218,454 |   |   |   | 133,412 |   |
|                                                                                             |   |   |   |   |   |   |   |   |
| Total                operating expense                                                           |   |   | 218,454 |   |   |   | 133,412 |   |
|                                                                                             |   |   |   |   |   |   |   |   |
| Operating                loss                                                                    |   |   | (178,080 | ) |   |   | (44,686 | ) |
|                                                                                             |   |   |   |   |   |   |   |   |
| Other                income (expense)                                                            |   |   |   |   |   |   |   |   |
| Interest                expense                                                                  |   |   | - |   |   |   | (719 | ) |
|                                                                                             |   |   |   |   |   |   |   |   |
| Net                loss                                                                          |   | $ | (178,080 | ) |   | $ | (45,405 | ) |
|                                                                                             |   |   |   |   |   |   |   |   |
| Net                loss per basic and diluted common share                                       |   | $ | (0.001 | ) |   | $ | (0.001 | ) |
|                                                                                             |   |   |   |   |   |   |   |   |
|                                                                                             |   |   |   |   |   |   |   |   |
| Weighted                  average common shares outstanding - basic and                  diluted |   |   | 68,394,711 |   |   |   | 49,355,648 |   |

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*Index*

| SUBJEX                CORPORTION                                                                                |   |
|-----------------------------------------------------------------------------------------------------------------|--------|
| STATEMENTS                OF CASH FLOWS                                                                         |   |
| (Unaudited)                                                                                                     |   |
|                                                                                                            |   | Three                Months Ended March 31, |   |
|                                                                                                            |   | 2007 |   |   | 2006 |   |
|                                                                                                            |   | (Restated) |   |   |   |   |
|                                                                                                            |   |   |   |   |   |   |
| Cash                flow from operating activities:                                                             |   |   |   |   |   |   |
| Net                loss                                                                                         |   | $ | (178,080 | ) |   | $ | (45,405 | ) |
| Adjustments                to reconcile net loss to net cash flows used in operating                activities: |   |   |   |   |   |   |   |   |
| Depreciation                and amortization                                                                    |   |   | 2,769 |   |   |   | 1,976 |   |
| Non                cash common stock issued for conslulting services                                            |   |   | 77,250 |   |   |   | - |   |
| Non                cash common stock issued for refund of previous year                revenue                  |   |   | 82,000 |   |   |   | - |   |
| Non                cash common stock issued to settle other liability                                           |   |   | 20,000 |   |   |   | - |   |
| Changes                in operating assets and liabilities:                                                     |   |   |   |   |   |   |   |   |
| Accounts                receivable                                                                              |   |   | (29,312 | ) |   |   | (7,250 | ) |
| Prepaid                expenses                                                                                 |   |   | (57,230 | ) |   |   | 12,120 |   |
| Accounts                payable                                                                                 |   |   | 6,517 |   |   |   | 19,635 |   |
| Other                liability                                                                                  |   |   | (26,000 | ) |   |   | - |   |
| Payroll                and payroll taxes                                                                        |   |   | (11,068 | ) |   |   | (3,665 | ) |
| Refunds                Payable                                                                                  |   |   | (82,000 | ) |   |   | - |   |
| Accrued                interest                                                                                 |   |   | - |   |   |   | 719 |   |
| Deferred                revenue                                                                                 |   |   | - |   |   |   | 7,000 |   |
|                                                                                                            |   |   |   |   |   |   |   |   |
| Net                cash used in operating activities                                                            |   |   | (195,154 | ) |   |   | (14,870 | ) |
|                                                                                                            |   |   |   |   |   |   |   |   |
|                                                                                                            |   |   |   |   |   |   |   |   |
| Cash                flow from investing activities:                                                             |   |   |   |   |   |   |   |   |
| Purchase                of property and equipment                                                               |   |   | (16,083 | ) |   |   | (525 | ) |
|                                                                                                            |   |   |   |   |   |   |   |   |
| Net                cash used in investing activities                                                            |   |   | (16,083 | ) |   |   | (525 | ) |
|                                                                                                            |   |   |   |   |   |   |   |   |
|                                                                                                            |   |   |   |   |   |   |   |   |
| Cash                flow from financing activities:                                                             |   |   |   |   |   |   |   |   |
| Checks                written in excess of bank balance                                                         |   |   | - |   |   |   | 180 |   |
| Proceeds                from issuance of capital stock                                                          |   |   | 175,000 |   |   |   | - |   |
| Proceeds                from stock subscriptions                                                                |   |   | - |   |   |   | 11,000 |   |
| Proceeds                from issuance of notes payable                                                          |   |   | - |   |   |   | 2,000 |   |
|                                                                                                            |   |   |   |   |   |   |   |   |
| Net                cash provided by financing activities                                                        |   |   | 175,000 |   |   |   | 13,180 |   |
|                                                                                                            |   |   |   |   |   |   |   |   |
|                                                                                                            |   |   |   |   |   |   |   |   |
| Decrease                in cash                                                                                 |   |   | (36,237 | ) |   |   | (2,215 | ) |
| Cash                at beginning of period                                                                      |   |   | 96,835 |   |   |   | 2,215 |   |
|                                                                                                            |   |   |   |   |   |   |   |   |
| Cash                at end of period                                                                            |   | $ | 60,598 |   |   | $ | - |   |

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*Index*

**Note      1.  Basis of Presentation**

**Note      3.  Going Concern**

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*Index*

**PART      II – OTHER INFORMATION**

**Item      5. Other Information**

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*Index*

**SIGNATURES**

| **Subjex                Corporation**            |                                                 |
|--------------------------------------------------|------------------------------------------------------|
| Date:  October                25, 2007 |                                                 |
|                                             |                                                 |
| **NAME**                                         | **TITLE**                                            |
| /s/                Andrew D. Hyder               | President                and Chief Executive Officer |

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