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
  QUARTERLY PERIOD 
       ENDED June 30, 2006 
  OR 
  ( ) TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE 
       SECURITIES EXCHANGE ACT OF 1934
  Commission File No. 0-27454 
 BUCKEYE VENTURES, INC. 
  (Name of small business issuer in its charter)  MICHIGAN 
  (State or other jurisdiction 
  incorporation or organization)
  33-0081215 
  (I.R.S. Employer 
  Identification No.)  4455 LAMONT STREET, SUITE 3,
SAN DIEGO, CA 
  (Address of principal executive offices)
  92109 
  (Zip Code)  (858) 272-6600
  
  (Issuer's telephone number) WORLD WIDE MOTION PICTURES CORPORATION 2120 Main St. Suite 180, Huntington Beach, CA 92648
  
  (Former name, former address and former fiscal year, if changed since last report)Indicate
  by check mark whether the registrant (1) filed all reports required to be
  filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 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 [ ] 
            Indicate the
  number of shares outstanding of each of the Issuer's classes of common stock
  as of the latest practical date: 98,548,618 shares of Common Stock (par value
  $.001 per share) outstanding on August 18, 2006. 
 Part I. Financial Information 
Item 1. Financial Statements 
F-1 BUCKEYE VENTURES, INC. and SUBSIDIARIES
  Index to Financial StatementsPageFinancial Statements:Consolidated Balance Sheets as of
  June 30, 2006 
        and December 31, 2005
  F-2Consolidated Statement of Operations
  for the  
         three and six months ended June 30, 2006
  F-3Consolidated Statement of Cash Flows
  for the six months 
        ended June 30, 2006
  F-4Notes to Consolidated Financial
  Statements
  F-5 F-2 BUCKEYE VENTURES, INC. and SUBSIDIARIES CONSOLIDATED BALANCE
SHEETS  June 30,2006 (Unaudited)December 31,2005  ASSETSCurrent Assets:Cash and cash equivalents
    $
      626,732
$
      415,762Accounts receivable, net of allowance for doubtful accounts      of $22,915 and $80,000, respectively
    128,784
178,951Other receivable
    17,500
17,500Inventory
    520,833
377,303Prepaid expenses and other current assets
    69,854
91,702Investment in World Wide Motion Pictures Corporation
    -
80,000Total current assets
    1,363,703
1,161,218Motion picture and television properties, net of accumulated      amortization of $1,851 and $0, respectively
    6,258,699
-Property and equipment, net of accumulated depreciation      of $39,224 and $10,118, respectively
    143,180
109,615Goodwill
    54,996
-Other assets
    28,667
7,500Total assets
    $
      7,849,245
$
      1,278,333LIABILITIES
      AND STOCKHOLDERS' EQUITYCurrent liabilities:Notes payable and current portion of long-term debt
    $
      182,567
  $
      269,226Accounts
      payable
    338,777
  330,178Accrued
     expenses payable
    406,159
324,362Customer deposits and deferred revenue
    51,109
25,019Amounts received pursuant to contingent subscription offers
     -
405,000Total
      current liabilities
    978,612
1,353,785Long-term debt
     41,476
46,390Total
      liabilities
    1,020,088
1,400,175Stockholders'
      equity:Preferred Stock, 1,000,000 shares authorized:$0.01 par value,
issued and outstanding 975,086  and 796,869 shares,        respectively
    9,751
7,969$10.00 par value, issued and outstanding 23,000 and 0 shares,        respectively
    230,000
-Common
      Stock, 100,000,000 shares authorized:$0.001 par value,
issued and outstanding 98,548,618 and 79,792,001 shares,       respectively
    98,549
79,792

Additional paid-in
     capital
    7,061,753
(12,761)Accumulated deficit
    (570,896)
(196,842)Total stockholders' equity (deficit)
    6,829,157
(121,842)Total
      liabilities and stockholders' equity
    $
      7,849,245
$
      1,278,333  See
notes to consolidated financial statements.  F-3 BUCKEYE VENTURES, INC. and SUBSIDIARIES (Unaudited) CONSOLIDATED STATEMENT
OF OPERATIONS  Three Months Ended June 30,
Six Months Ended June 30,2006
2005
2006
2005Net sales
    $  
     1,515,747
$             -
$  
     2,472,348
$             -Cost of sales
    1,021,331
-
1,652,386
-Gross profit
    494,416
-
 819,962
-Selling, general and administrative expenses
       701,448
 -
1,157,765
 -Loss from operations
    (207,032)
-
  (337,803)
-Interest income
       1,056
-
1,122
-Interest expense
     (11,977)
 -
  (37,373)
 -Loss before income taxes
   (217,953)
-
(374,054)
-Income taxes
    -
 -
-
 -Net loss
    $
      (217,953)
$             -
$
      (374,054)
$             -Net
      loss per share - basic and diluted
    $        
      (.00)
$             -
$        
      (.00)
$             -Weighted
      average number of common shares outstanding - basic and diluted
     98,476,995
 -

     92,246,308
 -  See
notes to consolidated financial statements.  F-4 BUCKEYE VENTURES, INC. and SUBSIDIARIES STATEMENT
OF CASH FLOWS (Unaudited)  Six Months Ended June 30,2006
2005CASH
      FLOWS FROM OPERATING ACTIVITIES:Net (loss)
    $
      (374,054)
$             
      -Adjustments to reconcile net (loss) to net cash provided by (used in)operating activities:Shares issued to lender and charged to interest expense
    12,000
-Stock based compensation
    7,754
-Depreciation and amortization
    14,796
-Changes in operating assets and liabilities:Accounts receivable, net
    50,167
-Inventory
    (143,530)
-Prepaid expenses and other current assets
    39,848
-Accounts payable
    3,948
-Accrued expenses payable
    81,797
-Customer deposits and deferred revenue
   26,090
-Net
      cash flows provided by (used in) operating activities
    (281,184)
-CASH
      FLOWS FROM INVESTING ACTIVITIES:Purchase of property and equipment
    (12,234)
-Cash acquired in connection with reverse acquisition         of World Wide Motion Pictures Corporation
    98,382
-Increase in other assets
    (21,167)
 -Net
      cash flows provided by (used in) investing activities
    64,981
-CASH
      FLOWS FROM FINANCING ACTIVITIES:Repayment of notes payable and long-term debt
    (115,527)
-Proceeds from sales of common stock
    542,700
-Net
      cash flows provided by (used in) financing activities
    427,173
-NET
      INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS
    210,970
-CASH
      AND CASH EQUIVALENTS, BEGINNING OF PERIOD
    415,762
-CASH
      AND CASH EQUIVALENTS, END OF PERIOD
    $ 
      626,732
$             
     -Supplemental
      disclosures of cash flow information:Interest paid
    $      2,918
 $             -Income taxes paid
    $             -
$             -  See
notes to consolidated financial statements.    F-5 BUCKEYE VENTURES, INC. AND SUBSIDIARIES 
  Notes to Consolidated Financial Statements 
  Three Months Ended June 30, 2006
  (Unaudited) 1.   Interim
  Financial Statements
  The unaudited financial statements as of June 30, 2006 and for the three months and six months then ended have been prepared in  accordance with accounting principles generally accepted in the United States  for interim financial information and with instructions to Form 10-QSB. In the opinion of management, the unaudited financial statements have been
  prepared on the same basis as the annual financial statements and reflect all
  adjustments, which include only normal recurring adjustments, necessary to
  present fairly the financial position as of June 30, 2006, and the
  results of operations and cash flows for the three and six month period ended June 30, 2006. The financial data and other information disclosed in these notes to the interim financial statements related to these periods are unaudited. The results for the three month period
  ended June 30, 2006 are not necessarily indicative of
  the results to be expected for any subsequent quarter of the entire year
  ending December 31, 2006. The balance sheet at December 31, 2005 has been
  derived from the audited financial statements at that date.

Certain information and footnote disclosures normally included in financial
  statements prepared in accordance with accounting principles generally
  accepted in the United States have been condensed or omitted pursuant to the
  Securities and Exchange Commission's rules and regulations. These unaudited
  financial statements should be read in conjunction with the audited financial
  statements and notes to financial statements included in the World Wide Motion Pictures Corporation Form 10-KSB/A (filed May 5, 2006) for the annual period ended December 31, 2005 and the Buckeye Ventures, Inc. Form 8-K/A (filed June 13, 2006).2.   Description of Business
Buckeye Ventures, Inc. ("BEYV") was incorporated in Michigan under the name World Wide Motion Pictures Corporation ("WWMO") on December 9, 1980.  Pursuant to a Share Exchange Agreement dated October 14, 2005  (which closed February 22, 2006 effective March 1, 2006), BEYV (then known as WWMO) acquired Buckeye Ventures, Inc. ("BVI") in a "reverse acquisition" transaction (see note 3) and accordingly the name was changed from WWMO to BEYV in April 2006.



BVI was incorporated in Nevada on June 24, 2005 for the purpose of acquiring and operating businesses in the heating, ventilation and air conditioning ("HVAC") and plumbing service industries.  On September 22, 2005 (effective July 31, 2005), BVI acquired its first HVAC subsidiary (see note 4).

The Share Exchange Agreement provided for the transfer of the assets and operations of WWMO to a WWMO subsidiary, World Wide Entertainment, whose name was subsequently changed to  World Wide Motion Pictures Corporation ("WWMPC").  WWMO and its media subsidiaries acquire, produce, finance, develop and distribute motion picture and television properties and render consulting services to the entertainment industry.  3.   Share Exchange Reverse Acquisition
On February 22, 2006, effective March 1, 2006, the Share Exchange Agreement between WWMO, BVI, and BVI's two stockholders closed. As a result of the exchange, BVI became a wholly owned subsidiary of WWMO and BVI's two stockholders increased their ownership of WWMO to 79,792,001 shares of common stock and 796,869 shares of preferred stock, representing 81% of WWMO's outstanding common stock and preferred stock after the exchange. Also, BVI's two stockholders were elected as directors and appointed as officers of WWMO. Accordingly, BVI has been considered the acquirer for accounting purposes and "reverse acquisition" accounting has been used in the accompanying consolidated financial statements.



The identifiable net assets of WWMO at March 1, 2006 (effective date of the Share Exchange) consisted of: Cash and cash equivalents
  $     98,382Other receivable
  1,500Motion picture and television properties
  6,260,550Equipment
  34,276Total assets
  6,394,708Notes payable
  23,954Accounts payable
  4,651Total liabilities
  28,605Identifiable net assets
  $6,366,103       4.   Acquisition of Heating & Air Conditioning Services, Inc.  On September 22, 2005, effective July 31, 2005, BVI acquired 100% of the outstanding stock of Heating & Air Conditioning Services, Inc. ("HACS") for $200,000 cash.  HACS, a Delaware corporation incorporated on October 9, 2001, services and installs heating, cooling, and indoor air quality systems for primarily residential customers located in the Brockton, Massachusetts area.  The identifiable net assets of HACS at July 31, 2005 (effective date of the acquisition) consisted of:  Cash and cash equivalents
          $    
            73,827Accounts receivable, net
          213,012Inventory
          480,272Prepaid expenses and other current assets
          30,452Property and equipment, net
          41,030Accounts payable
          (324,046)Accrued expenses payable
          (108,539)Customer deposits and deferred revenue
          (50,446)Identifiable net assets
          $ 355,562   The negative goodwill of $155,562 (excess of the $355,562 identifiable net assets of HACS over its $200,000 purchase price) was recorded in July 2005 as a $41,030 reduction in property and equipment, net and a $114,532 extraordinary gain.  5.   Property and Equipment, Net   June 30, 2006 (Unaudited)
   
December 31, 2005Leasehold Improvements
  $      72,219
  
$   65,838Vehicles
  55,414
  
52,654Equipment
  54,771
  
1,241Total
  182,404
  
119,733Less accumulated depreciation
  (39,224)
  
(10,118)Property and equipment, net
  $      143,180
  
$   109,615   6.   Motion Picture and Television Properties     7.   Notes Payable and Long-term Debt   June 30, 2006 (Unaudited)
   
December 31, 2005BVI note payable to investor, interest at 24%, due $50,000 on May 16, 2006 and $150,000 on July 1, 2006, secured by certain HACS assets
  $    150,000
  
$   200,000HACS note payable to seller of HACS (repaid in 2006)
  -
  
60,000HACS note payable in monthly installments of principal and interest (at 9.55%) of $596 through November 7, 2010, secured by truck vehicle
  25,686
  
27,970HACS note payable in monthly installments of principal and interest (at 9.39%) of $579 through December 12, 2010, secured by truck vehicle
  25,427
  
27,646WWMPC payable to bank under revolving line of credit, interest at 8%, due in monthly installments of principal and interest, secured by personal guarantees of WWMPC officers
  5,930
  
-WWMPC payable to related party, interest at 0%, due on demand
  17,000
  
-Total
  224,043
  
315,616Less current portion
  (182,567)
  
(269,226)Long-term debt
  $    41,476
  
$   46,390   8.   Accrued Expenses Payable   June 30, 2006 (Unaudited)
   
December 31, 2005Accrued compensation due officers
  $   200,000
  
$   200,000Accrued other compensation, payroll taxes and withholdings
  81,364
  
109,045Accrued interest expense
  35,737
  
13,282Accrued state income tax
  10,358
  
10,358Other
  51,019
  
47,666Total
  $   406,159
  
$   324,362   9.   Preferred Stock         Series
  Number of Shares of Preferred Stock
  Number of Shares of Common Stock Convertible Into$.01 Par Value:89-B
  717
  2,86891-C
  1,000
  4,00092-D+E
  26,000
  104,00094-F
  50,000
  20,00094-G
  1,000
  40094-H+I
  7,500
  30,00096-J
  15,000
  30,00099-K
  10,000
  -00-L
  25,000
  50,00001-O
  28,000
  -03-U
  14,000
  14,00006-W
  796,869
  -$.01 par value total
  975,086
  255,268$10.00 Par Value:88-A
  20,000
  4,00001-P
  2,000
  -03-V
  1,000
  -$10.00 par value total
  23,000
  4,000Total Preferred Stock
  998,086
  259,268   10.   Common Stock             11.   Income Taxes   BEYV expects to file a consolidated income tax return with its subsidiaries for federal reporting purposes.  BEYV, BVI, HACS, WWMPC and its subsidiaries expect to file separate income tax returns for state reporting purposes.  For the six months ended June 30, 2006, income taxes consisted of:  Current:Federal
          $
                -State
          -Total
          -Deferred:Federal
          (115,096)State
          (35,535)Valuation allowance
          150,631Total
          -Total income taxes
          $
           - A reconciliation of the expected income tax expense (benefit) to reported income taxes follows:  Federal income tax at 34%
          $ (127,178)State income tax, net
          (23,453)Change in valuation allowance
          150,631Total
          $
                   -  Management has not determined it to be more likely than not that any portion of the deferred tax asset attributable to the future utilization of the net operating loss carryforwards as of June 30, 2006 will be realized.  Accordingly, the Company has provided a 100% allowance against the deferred tax asset in the financial statements at June 30, 2006. The Company will continue to review this valuation allowance and make adjustments as appropriate.  The net operating loss carryforwards are available in varying amounts through year 2026 to offset future taxable income.  Current tax laws limit the amount of loss available to be offset against future taxable income when a substantial change in ownership occurs.  Therefore, the amount available to offset future taxable income will be limited.   12.   Commitments and Contingencies   Operating leases:  HACS leases its office space (approximately 12,000 square feet) under a noncancelable lease agreement executed January 26, 2005 with a lessor partially owned by the General Manager of HACS.  The lease provides for monthly rental payments of $7,500 through January 2010.  WWMPC leases its office space under a one year lease expiring December 2006 at rentals of $776 per month.  HACS leases truck vehicles under month to month lease agreements.  For the six months ended June 30, 2006, rent expense under operating leases consisted of:  HACS space
          $
            45,000WWMPC office space
          3,369HACS truck vehicles
          23,409Total
          $
            71,778 At June 30, 2006, the aggregate future minimum lease payments under noncancelable operating lease agreements were as follows:  Year Ended December 31,2006
	  $45,0002007
	  90,0002008
	  90,0002009
	  90,0002010
	   7,500


        Total
          $
            322,500 Employment Agreements:  On September 22, 2005, BVI executed an employment agreement with the General Manager of HACS.  The agreement expires December 2007 and provides for HACS payment of an annual salary of $125,000, plus additional compensation based on certain specified performance criteria.  On February 10, 2006, BVI executed employment agreements with its two stockholders to continue to serve as chief executive officer and treasurer, respectively.  The initial term of both agreements was four years and both are automatically renewable for successive one year periods unless cancelled by either BVI or the respective officer.   Both agreements provide for annual salaries to be determined and to be reviewed by the Board of Directors not less frequently than annually.  On February 22, 2006 (effective March 1, 2006), BEYV executed an amended employment agreement with Paul Hancock to serve as Vice-Chairman of BEYV's Board of Directors and as chief executive officer of WWMPC.  The amended agreement expires March 1, 2012 and provides for an annual salary of $90,000 in the year ended March 1, 2007, with at least $20,000 per year increases for each year thereafter.  Contingency:  The Share Exchange Agreement, as amended, also provides that in the event that BVI has not acquired a sufficient number of businesses to produce an aggregate annual gross revenue of $20,000,000 by September 1, 2007, the two former BVI stockholders shall cancel, without consideration, 7,979,200 shares of BEYV Common Stock and 79,686 shares of BEYV Preferred Stock owned by them.
13.   Segment Information

For the three and six months ended June 30, 2006, BEYV and its subsidiaries operated in two business segments: the HVAC business segment (operated by the subsidiary HACS) and the media business segment (operated by the subsidiary WWMPC).

Segment information follows: Three Months Ended June 30,

    Six Months Ended June 30,2006
2005

    2006
2005Net Sales:HVAC
    $
      1,515,144
$
                   -
$
      2,471,695
$
                   -Media
     603
 -
653
 -Total
    $ 1,515,747
$              -
$ 2,472,348
$              -Income (loss) from operations:HVAC
    $   82,188
$              -
$   20,994
$              -Media
    (16,344)
-
(19,702)
-Corporate
    (272,876)
-
(339,095)
-Total
    $ (207,032)
$              -
 $ (337,803)
$              -Interest income:HVAC
    $               -
$              -
$               -
$              -Media
    185
-
251
-Corporate
    871
-
 871
-Total
    $            1,056
$              -
$            1,122
$              -Interest expense:HVAC
    $    1,260
$              -
 $    2,560
$              -Media
    262
-
 358
-Corporate
    10,455
-
 34,455
-Total
    $  11,977
$              -
$  37,373
$              -Income (loss) before income taxes:HVAC
    $   80,928
$              -
$   18,434
$              -Media
    (16,421)
-
(19,809)
-Corporate
    (282,460)
-
  (372,679)
-Total
    $ (217,953)
$              -
$ (374,054)
$              -Total assets:HVAC
    $    1,021,368
$              -
$    1,021,368
$              -Media
    6,438,961
-

    6,438,961
-Corporate
    388,916
-
 388,916
-Total
    $ 7,849,245
$              -
$ 7,849,245
$              -Capital expenditures:HVAC
    $ 3,602
$              -
$ 10,601
$              -Media
    -
-
-
-Corporate
    1,633
-
1,633
-Total
    $ 5,235
$              -
 $ 12,234
$              -Depreciation and amortization:HVAC
    $ 4,479
$              -
 $ 11,264
$              -Media
    2,649
-
 3,532
-Corporate
    -
-
 -
-Total
    $ 7,128
$              -
$ 14,796
$              -       Item 2. Management's Discussion and Analysis or Plan of Operation
  Management's discussion and analysis of financial condition and results of
  operations should be read in conjunction with the consolidated financial
  statements and related notes.RESULTS OF OPERATIONS

  Second Quarter 2006

CONSOLIDATED OVERVIEW


Buckeye (the "Company") reported consolidated revenues of $1,515,747 in the second quarter of 2006 and $2,472,348 for the six months ended June 30, 2006. 	The Company expects revenue growth to be in the mid-single digit range in 2006. The Company believes that positive factors such as higher consumer confidence and increased home sales will help it overcome rising fuel costs. The Company continues to remain focused on acquisitions, top-line sales growth, and increased customer retention.  The Company has incurred expense related to the Share Exchange/Reverse Acquisition, the development of its model and preparations for HVAC acquisitions.SEGMENT REVIEW
HVAC Segment


Heating & Air Conditioning Services, Inc. ("Heating & Air"), the only subsidiary within the HVAC segment, provides direct HVAC installation and repair services. Revenues increased $1,335,273 overall to $1,515,144 in the second quarter of 2006, which was a 742% increase over its 2005 second quarter revenues. For the six months ended June 30, 2005 and 2006 revenues increased from $330,207 to $2,471,695. The segment reported operating income of $77,861 in the second quarter of 2006 compared to operating income of $27,664 in the second quarter of 2005. For the six months ending June 30 2005 and 2006, the segment reported operating loss of $31,382 and income of $82,188.  The Company's  consolidated financial statements do not include Heating & Air's operations prior to July 31, 2005 (effective date of acquisition).

The growth in revenue reflected strong increases in HVAC service revenue. Progress has been made on specific initiatives to increase the average sales order prices.

 Media Segment

World Wide Motion Pictures Corporation ("World Wide") and its two subsidiaries comprise the Media segment.  World Wide consolidated operating loss increased $7,111 from $9,233 for the three months ended June 30 of 2005 to $16,344 in 2006.  The increased loss was
  due primarily to $7,936 lower operating revenues and $2,875 higher
  operating costs and expenses.  The loss for the six months ending June 30 increased from $29,747 in 2005 to $70,349 in 2006.  This increase is attributable to $20,290 lower operating revenues and $24,179 higher operating costs.
Operating revenues decreased $7,936 (93%) from $8,540  for three months ending June, 30 2005 to $603 in 2006. For the six months ending June 30, 2005 and 2006, operating revenues decreased $20,290 from $20,943 to $653 The decrease was due primarily to the transition during the Share Exchange/Reverse Acquisition and substantially lower revenues from the distribution of the feature length films entitled “Amy,” “Ninth Street,” and “Shattered Illusions.”

  Operating costs and expenses increased $2,875 (16%) from
  $17,773 for the three months ended June 30, 2005 to $20,648 in 2006.  The increase was due primarily to the $7,754 higher stock-based compensation in 2006.  In the second quarter 2005, no  shares of common stock were issued for services.  For the six months ended June 30, 2005 and 2006, operating costs and expenses increased $24,179 from $50,690 to $74,869. The Company's consolidated financial statements do not include World Wide's operations prior to March 1, 2006 (effective date of reverse acquisition).


  The following table presents selected financial data for the periods
  indicated.  Three Months
  Ended June 30, 2006HVAC Segment
  Media Segment
Corporate
ConsolidatedRevenues
  $      1,515,143
  $      604
$      -
$      1,515,747Income (Loss) from Operations
 82,188
(16,344)
(272,876)
  (207,032)Cash and cash equivalents

  180,886
92,671
353,175
626,732Total assets
  1,021,368
  6,438,961388,916

7,849,245Total liabilities
570,049
28,217
428,322
  1,020,088     Heating & Air         World Wide has been in business 29 years and derives its revenues
from the licensing of its  newly created film and television productions, the licensing of its inventory
  of previously produced films or television productions and fees received for
  professional services provided to the industry. The Company also receives
  revenue for the marketing and distribution of product produced or owned by
  third party producers and production companies. The generation of revenue in
  the motion picture and television industry is highly competitive which may
  have a material impact on the Company's financial statements.

 Currently, arrangements and contractual participation by World Wide in various feature
  film and television productions over the last 5 years include gross and net
  revenue participations in the following feature film and television
  productions responsible for worldwide revenue potential including all markets
  and all media wherein the particular production is distributed: THE OUTLAW TRAIL, 100 YEARS REVISITED (TV),  CLASSIC CAR (TV),  WHAT'S IN A COOKIE (feature),  MALEVOLENCE (feature), THE
  SECOND COMING (feature), CITIZEN SOLDIER (feature), SHATTERED ILLUSIONS (feature), NINTH STREET (feature), ON THESE RUINS (TV), ANTARTICA (TV), THE GALAPAGOS ISLANDS (TV), EASTER ISLAND (TV), FLYING CHANGES (feature), WINNING COLORS (feature), SHADOW DANCER (feature), TRANCE (feature), and CORNDOG MAN (feature). 
  Since June, 2000, World Wide has entered into agreements for the development of
  electronic commerce marketing arrangements with internet companies for the purpose of providing a
  national and international e-commerce exploitation venue for various titles
  within the Company's completed film and television library.

  In February, 2001, World Wide commenced theatrical marketing and
  distribution of the award winning feature film entitled "Amy" with Los Angeles and New York
  premieres of the film at major exhibitor chains, including AMC Century City theaters, Angelika, the MANN Westwood
  Cinema, the Loew's Cineplex, Beverly Center and throughout the Edwards
  theater circuit. GENERAL
HVAC SEGMENT

Buckeye Ventures, Inc. was incorporated on  June 24th, 2005 for the purpose of acquiring and operating businesses in the Heating Ventilation and Air Conditioning (HVAC) and plumbing industries. Buckeye's objective is to create a nationally recognized brand for the consumer in that industry. Buckeye plans to acquire, integrate and grow residential service companies using established systems and procedures to be carried out by its experienced management team. Buckeye believes that these low risk, high margin businesses will benefit from best practices and synergies of multiple locations nationwide with the potential to realize significant appreciation.

Buckeye acquired its first residential service location in Heating & Air Conditioning Services Inc. , which had approximately $4.7 million in revenues in 2005. Buckeye has assembled a management team that includes experienced executives and operators in this industry, with more than 100 years of combined experience on the administrative and operations side of large multi-location companies. The Company's plan is to become a significant factor in the industry by providing many small and mid-sized local and regional operators the opportunity to become part of a growing national conglomerate. 

Buckeye is in advanced negotiations to acquire companies with revenues totaling over $7 million. Additionally, Buckeye is at various levels of discussion to greatly increase its combined revenue by acquiring companies representing several million dollars of combined annual revenues and expects to, in the opinion of management, accumulate approximately $30 million in combined revenues by year end 2006 or in the first of quarter of 2007.

The Heating & Air company markets its services primarily through yellow pages advertisements, direct mail and internet sites. Additionally, Heating & Air engages in co-op marketing with Lennox International Inc. in the Boston market.  Heating & Air is an independent Lennox dealer ranked with Lennox Industries as a Premier Dealer and Circle of Excellence Award Winner putting it in the top one percent of all residential Lennox dealers in North America.  More than ninety percent of Heating & Air's business is focused on the residential retail market (existing home owner).  Heating & Air provides both service and installation of heating, cooling, and indoor air quality systems specializing in the add-on and replacement markets.  James Papasodero, the general manager and original founder, has been running the company since it began in 1983 and was incorporated in 1984.  As of June 30, 2006, Heating & Air operates 18 vehicles, has inventory of $520,833, and has a customer list of 17,000 names.

Heating & Air competes with many other companies in the sale of its services and products. The principal methods of competition in like businesses include quality of service, name recognition, pricing, assurance of customer satisfaction and reputation. Competition in the market for heating, ventilation and air conditioning services is strong, created mainly from local, independently owned firms throughout a given geographic area.

Heating & Air has no single customer that accounts for more than 10% of its operating revenue. No part of Heating & Air's business is dependent upon a single customer or related group of customers, the loss of which would have a material adverse effect on Heating & Air's financial condition or results of operations.

Heating & Air's operating segment is subject to various federal, state and local laws and regulations, compliance with which increases  Heating & Air's operating costs, limits or restricts the services provided by Heating & Air's operating segments or the methods by which Heating & Air's operating  segments sell those services or conduct their respective businesses, or subjects Heating & Air and its operating segments to the possibility of regulatory actions or proceedings.

Heating & Air is also regulated under many federal and state environmental laws, including the Comprehensive  Environmental Response, Compensation and Liability Act of 1980, the Superfund Amendments and Reauthorization Act of 1986, the Resource Conservation and Recovery Act of 1976, the Emergency Planning and Community Right-to-Know Act of 1986 and  the Clean Water  Act of 1977. Buckeye cannot predict the effect on its operations of possible future environmental legislation or regulations. During 2005, there were no material capital expenditures for environmental control facilities and no such material expenditures are anticipated in 2006.

MEDIA SEGMENT

In fiscal 2005 and the second quarter of 2006, World Wide continued its
  involvement in a variety of film and television projects relative to
  development, acquisition, packaging, production and marketing/distribution
  activities. World Wide's film and television
  productions may compete for sales with numerous independent and foreign
  productions as well as projects produced and distributed by a number of major
  domestic and foreign companies, many of which are units of conglomerate
  corporations with assets and resources substantially greater than World Wide's. 

Management of World Wide believes that in recent years there has
  been an increase in competition in virtually all facets of World Wide's
  business. Specifically, the motion picture business competes with large conglomerates
in the industry, television  and other forms of leisure-time entertainment.
The major producers and distributors have established long term relationships with exhibitors around the world.
For example, the new megaplex trend is a major competitive factor.  Since 1995, there are over 800
less 1-3 screen theatres in the United States and Canada.  On the other
hand, the number of screens per theatre complex averages around 8 screens each.
Theatre revenues were over $16 billion in 2005, a growth rate of only 5% over 2004, and
a large part of which is attributed to higher per ticket price.  On the positive side,
DVD rentals were over $135 million for 2004, which is more than 17% from 2003.  Homes with cable television now number over 40 million in the United States. 

The entire film industry is currently
being affected by international competition and demand for product.  World Wide, although
a relatively small distributor in comparison to the large studios,
has through its numerous relationships
developed a unique niche in the domestic theatrical arena, which management utilizes from time to time.  Since the company may for
  certain undetermined markets and products distribute its product to all
  markets and media worldwide, it is not possible to determine how its business
  as a whole will be affected by these developments and accordingly, the
  resultant impact on the financial statements. 

World Wide expects to continue to exploit a portion or portions of  its completed film and television library to a wide variety of
  distribution outlets including network television, cable television,
  satellite broadcast, pay-per-view, and home video/DVD sales. Licensing to domestic and
  foreign television stations (syndication) is an important potential source of
  revenue for World Wide, although in recent years the prices obtainable for
  individual film and television product in domestic syndication have declined
  as pay television licensing has grown. The growth of pay television and home
  video technologies, i.e. DVD (Digital Versatile Disk) and HDTV (High
  Definition Television), has had an adverse effect on the fees obtainable from
  the licensing of film and television product to networks and local television
  stations, thereby potentially affecting World Wide's ability to generate
  substantive revenue from this particular venue, however increasing revenue
  potential in other areas. Conversely, the company may derive revenue from the
  marketing and sale, either directly or through licensees, of motion pictures
  and other filmed or videotaped product on videocassette or DVD for playback on a television set or monitor through the use of
  videocassette recorders ("VCRs"), DVD players and
  continued advancements of pay television (cable), satellite broadcast
  technologies, and Internet applications domestically and internationally.

World Wide
 currently holds the distribution rights to 314 motion picture and
  television titles. The competition for revenue and revenue acquisition
  relative to existing or pending
  exploitation agreements of World Wide's film and television product library
  and current and future production and distribution of projects is volatile
  due to the many technological and innovative changes in the industry and also
  changes regularly occurring in the international economy. Currently,
  governmental involvement and international concerns, such as the pirating of
  intellectual property, will affect the company's business prospects.LIQUIDITY AND CAPITAL RESOURCES
  For the three months and six months ended June 30, 2006, the Company experienced a net
  loss of $ (217,953) and $(374,054). At June 30, 2006, the
  Company had $626,732 in cash and no cash equivalents. The HVAC, Media and Corporate segments incurred expense due to the share exchange/reverse acquisition.
The Company
  anticipates that its existing capital resources may be adequate to satisfy
  its capital requirements for the foreseeable future. However, to accomplish its planned future activities, it will need to acquire additional funds
  through public or private financings in the form of debt or equity. 
  In accordance with the Securities and Exchange Commission "Regulation
  D", and subject to Rule 144 restrictions, the Company issued 2,001,143 shares
  of its common stock and no shares of its preferred stock for cash and 64,616
  shares of its common stock for services in the second quarter ended June 30, 2006.

  The Company's principal liquidity at June 30, 2006 included cash of
  $626,732 and $128,784 net accounts receivable. The
  Company's liquidity position remains sufficient enough to support
  on-going general administrative expense, strategic positioning,
  and the garnering of contracts and relationships.  DISCLOSURE REGARDING FORWARD-LOOKING STATEMENTS AND 
  MANAGEMENT'S STATEMENT REGARDING INTERIM PERIOD ADJUSTMENTS
  The statements which are not historical facts contained in this Form 10-QSB
  are "forward looking statements" within the meaning of Section 27A
  of the Securities Act of 1933, as amended, and Section 21E of the Securities
  Exchange Act of 1934, as amended, that involve risks and uncertainties. The
  words "anticipate", "believes", "expect",
  "intend", "may" or similar expressions used in this Form
  10-QSB as they relate to the Company or its Management are generally intended
  to identify such forward looking statements. These risks and uncertainties
  contained in this Form 10-QSB include but are not limited to, product demand
  and market acceptance risks, the effect of economic conditions generally and
  retail/wholesale in the heating, ventilation, air conditioning, plumbing, motion picture and television industry and marketing  conditions specifically, the impact of competition, labor shortages, increase in wage rates, unexpected increases in general operating costs, technological
  difficulties, capacity and supply constraints or difficulties, the results of
  financing efforts, changes in consumer preferences and trends, the effect of
  the Company's accounting policies, weather conditions, acts of God, and other
  risks detailed in the Company's Securities and Exchange Commission filings. The
  Company's management has made all the adjustments relative to the fiscal
  year end statements and the interim period herein, which in the opinion of
  management are necessary in order to make the financial statements not
  misleading.Item 3. Controls and Procedures

The Company's Chairman and Chief Executive Officer, Alan J. Mintz, the Audit Committee, and the Company's Secretary Larry Weinstein, have evaluated the Company's disclosure controls and procedures as of the end of the period covered by this report.

The Company's disclosure controls and procedures include a roll-up of financial and non-financial reporting that is consolidated in the offices of the Chief Executive Officer and the Audit Committee. The reporting process is designed to ensure that information required to be disclosed by the Company in the reports that it files with or submits to the Securities and Exchange Commission is recorded, processed, summarized and reported under the direction of its Internal Auditor and Compliance Officer within the time periods specified in the Securities and Exchange Commission's rules and forms. Messrs. Mintz, Weinstein and the Audit Committee have concluded that both the design and operation of the Company's disclosure controls and procedures are effective.

There were no changes in the Company's internal control over financial reporting that occurred during the Company's most recent fiscal quarter that have materially affected, or are reasonably likely to materially affect, the Company's internal control over financial reporting.Part II. Other Information
  Item 1. Legal Proceedings
  INVOLVEMENT IN CERTAIN LEGAL PROCEEDINGS
  There are no material pending legal proceedings to which the Company is a
  party or to which any of its assets are subject. Various legal actions, governmental investigations and proceedings and claims
  may be instituted or asserted in the future by the Company or against the
  Company and/or its subsidiaries including those arising out of alleged
  deficiencies in the company's products; governmental or industry regulations
  relating to safety, financial services; employment-related matters;
  distributor, exhibitor, co-producer, vendor, supplier, or other contractual
  relationships; intellectual property rights; product warranties and
  environmental matters. Some of the foregoing matters involve or may involve
  compensatory, punitive or anti-trust or other treble damage claims in varying
  amounts, environmental remediation programs, sanctions or other relief which,
  if granted, would require varying expenditures.
  Litigation is subject to many uncertainties, and the outcome of individual
  litigated matters is not predictable with assurance. The Company does not
  reasonably expect, based on its analysis, that any adverse outcome from such
  matters would have a material effect on future consolidated financial
  statements for a particular year, although such an outcome is possible.Item 2. Changes in Securities
  NoneItem 3. Defaults Upon Senior Securities
N/A
  Item 4. Submission of Matters to a Vote of Security Holders
  N/AItem 5. Other Information
  N/AItem 6. Exhibits and Reports on Form 8-KN/A 
 EXHIBIT INDEX
               SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereto duly authorized.  BUCKEYE VENTURES INC.August 20, 2006
  /s/ Alan Mintz
       Alan Mintz
       Chairman of the Board/Chief Executive OfficerAugust 20, 2006
  /s/ Paul D. Hancock
       Paul D. Hancock
       Vice Chairman of the Board/Chairman of Finance       Committee