U. S. Securities and Exchange Commission
                           Washington, D. C. 20549

                                FORM 10-QSB

[X]   QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES
      EXCHANGE ACT OF 1934

      For the quarterly period ended June 30, 2006

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

      For the transition period from _____ to _____

                      Commission File No. 33-14987-A

                             CRSI GROUP, INC.
              ----------------------------------------------
              (Name of Small Business Issuer in its Charter)

         Florida                                         65-0023471
     ----------------------------------------------------------------
     (State or Other Jurisdiction of                 (I.R.S. Employer
      incorporation or organization)                   I.D. No.)

               826 Broadway, 9th Floor, New York, NY 10003
               -------------------------------------------
                (Address of Principal Executive Offices)

                Issuer's Telephone Number: (212) 505-0282

Indicate by check mark whether the Registrant (1) has filed all reports
required to be filed by Sections 13 or 15(d) of the Securities Exchange Act
of 1934 during the preceding 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 by check mark whether the Registrant is a shell company (as
defined in Rule 12b-2 of the Exchange Act).  Yes [X]   No [ ]

APPLICABLE ONLY TO CORPORATE ISSUERS:  Indicate the number of shares
outstanding of each of the Registrant's classes of common stock, as of
the latest practicable date:
                          August 8, 2006
                          Common Voting Stock: 21,457,817 shares

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

<PAGE>

                       CRSI GROUP, INC. AND SUBSIDIARIES
                         (A DEVELOPMENT STAGE COMPANY)
                     CONDENSED CONSOLIDATED BALANCE SHEET
                                 JUNE 30, 2006
                                  (UNAUDITED)

ASSETS


TOTAL ASSETS                              $        -
                                            ========


LIABILITIES AND STOCKHOLDERS' DEFICIENCY


CURRENT LIABILITIES
 Cash overdraft                           $       10
 Accounts payable and accrued expenses        27,027
 Loan payable - related party                 36,587
                                           ---------
TOTAL CURRENT LIABILITIES                     63,624

COMMITMENTS AND CONTINGENCIES

STOCKHOLDERS' DEFICIENCY
 Preferred stock, no par value, 5,000,000
  shares authorized, none issued and
  outstanding                                      -
 Common stock, no par value, 200,000,000
  shares authorized, 21,457,817 shares
  issued and outstanding                     736,789
 Additional paid in capital                  976,155
 Accumulated deficit during development
  stage                                   (1,776,568)
                                           ---------
 Total Stockholders' Deficiency              (63,624)
                                           ---------
TOTAL LIABILITIES AND STOCKHOLDERS'
 DEFICIENCY                               $        -
                                           =========

See accompanying notes to condensed consolidated financial statements.

<PAGE>                               -1-

                      CRSI GROUP, INC. AND SUBSIDIARIES
                        (A DEVELOPMENT STAGE COMPANY)
               CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
                                 (UNAUDITED)
                                                                     For the
                                                                     Period from
                         For the   For the    For the     For the    October 18,
                         Three     Three      Six         Six        2004
                         Months    Months     Months      Months     (Inception)
                         Ended     Ended      Ended       Ended      to
                         June 30,  June 30,   June 30,    June 30,   June 30,
                         2006      2005       2006         2005      2006
                       --------------------------------------------------------
REVENUE                $      -   $       -   $       -  $       -   $        -

OPERATING EXPENSES
 Consulting            $     40   $  85,088   $  11,040  $  93,132   $  446,751
 Travel and promotion         -      43,223           -     54,929            -
 Depreciation                 -           -       2,037          -       14,753
 Compensation                 -      87,500      37,881    150,000      477,152
 General and
  administrative         37,342      61,574     151,219     87,315      829,941
                        -------    --------    --------   --------    ---------
Total Operating Expenses 37,382     277,385     202,177    385,376    1,768,597
                        -------    --------    --------   --------    ---------

LOSS FROM OPERATIONS    (37,382)   (277,385)   (202,177)  (385,376)  (1,768,597)

OTHER INCOME (EXPENSE)
 Interest expense          (421)       (417)       (421)      (930)     (10,186)
 Other income             2,215           -       2,215          -        2,215
                        -------    --------    --------   --------    ---------
Total Other Income
 (Expense)                1,794        (417)      1,794       (930)      (7,971)

LOSS BEFORE PROVISION
 FOR INCOME TAXES       (35,588)   (277,802)   (200,383)  (386,306)  (1,776,568)

Provision for Income
 Taxes                        -           -           -          -            -
                        -------    --------    --------   --------    ---------
NET LOSS               $(35,588)  $(277,802)  $(200,383) $(386,306) $(1,776,568)
                        =======    ========    ========   ========    =========
Net loss per share -
 basic and diluted     $      -   $   (0.02)  $   (0.01) $   (0.03) $     (0.10)
                        =======    ========    ========   ========    =========
Weighted average
 number of shares
 outstanding during
 the period -
 basic and diluted   21,457,817  14,800,967  21,383,301 12,413,746   17,412,205
                     ==========  ==========  ========== ==========   ==========

See accompanying notes to condensed consolidated financial statements.

<PAGE>                               -2-

                      CRSI GROUP, INC. AND SUBSIDIARIES
                         (A DEVELOPMENT STAGE COMPANY)
        CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS' DEFICIENCY
      FOR THE PERIOD FROM OCTOBER 18, 2004 (INCEPTION) TO JUNE 30, 2006
                                (UNAUDITED)


<TABLE>                                                                        Deficit
                           Preferred stock    Common stock                     accumulated
                           No Par Value       No Par Value         Additional  during        Total
                           ---------------    ------------------   Paid in     development   Stockholder's
                           Shares   Amount    Shares     Amount    Capital     stage         Deficiency
                           -------------------------------------------------------------------------------
<S>                        <C>      <C>       <C>        <C>       <C>         <C>           <C>

Balance October 18, 2004
 (Inception)                    -  $     -          -  $        -  $       -    $       -    $       -

Common stock issued to
 founders for costs and
 equipment  ($0.001)            -        -  8,900,000      89,000          -            -       89,000

Stock issued for services
 ($0.05 per share)              -        -    100,000       5,000          -            -        5,000

Stock issued for cash
 ($0.05 per share)              -        -  1,000,000      50,000          -            -       50,000

Net loss for the period
 from October 18, 2004
 (Inception) to December
 31, 2004                       -        -          -           -          -     (190,476)    (190,476)
                            --------------------------------------------------------------------------
Balance, December 31, 2004      -        - 10,000,000     144,000          -     (190,476)     (46,476)

Stock issued for services
 ($0.05 per share)              -        -  1,509,877      75,494          -            -       75,494

Stock issued for cash
 ($0.05 per share)              -        -  7,300,000     365,000          -            -      365,000

Stock issued in connection
 with shareholder loan
 repayment ($0.05 per share)    -        -    545,912      27,295          -            -       27,295

Net shares issued in reverse
 merger                         -        -  2,002,028           -          -            -            -

Net loss, 2005                  -        -          -           -          -   (1,385,709)  (1,385,709)
                            --------------------------------------------------------------------------
Balance, December 31, 2005      -        - 21,357,817     611,789          -   (1,576,185)    (964,396)

Stock issued in connection
 of a debt settlement           -        -    100,000     125,000          -            -      125,000

Stock issued in connection
 of forgiveness of debt         -        -          -           -    976,155            -      976,155

Net loss for the six
 months ended June 30,
 2006                           -        -          -           -          -     (200,383)    (200,383)
                            --------------------------------------------------------------------------
Balance, June 30, 2006          -  $     - 21,457,817  $  736,789  $ 976,155  $(1,776,568)   $ (63,624)
                            ==========================================================================

</TABLE>

See accompanying notes to condensed consolidated financial statements.

<PAGE>                               -3-

                    CRSI GROUP, INC. AND SUBSIDIARIES
                      (A DEVELOPMENT STAGE COMPANY)
             CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
                               (UNAUDITED)

                                  For the       For the          For the
                                 Six Months    Six Months      Period From
                                   Ended         Ended       October 18, 2004
                                  June 30,      June 30,      (Inception) to
                                    2006          2005        June 30, 2006
                                 ----------    ----------    ----------------
CASH FLOWS FROM OPERATING
 ACTIVITIES:
 Net loss                       $  (200,383)  $ (386,306)    $  (1,776,568)
 Adjustments to reconcile net
  loss to netcash used in
  operating activities:
  Stock issued for services           6,905       75,494            87,399
  Stock issued for start-up costs         -            -            40,950
  Depreciation                        2,037        5,118            14,753
 Changes in operating assets and
  liabilities:
  (Increase) decrease in accounts
   receivable                            29            -                 -
  Increase in accounts payable
   and accrued expenses                   -      127,930           145,122
  Decrease in accrued expenses -
   related party                          -            -           113,687
  Increase in accrued
   compensation - related party      37,881            -           507,274
                                   ---------    ---------         ---------
 Net Cash Used In Operating
  Activities                       (153,531)    (177,764)         (867,383)
                                  ---------    ---------         ---------
CASH FLOWS FROM INVESTING
 ACTIVITIES:
 Purchase of equipment               (2,570)      (5,728)          (13,704)
                                  ---------    ---------         ---------
Net Cash Used In Operating
 Activities                          (2,570)      (5,728)          (13,704)
                                  ---------    ---------         ---------
CASH FLOWS FROM FINANCING
 ACTIVITIES:
 Increase (repayment) of cash
  overdraft                          (1,788)           -                10
 Proceeds from issuance of common
  stock                                   -      365,000           415,000
 Proceeds from loan payable -
  related party                     119,807            -           595,295
 Repayment of loan payable -
  related party                           -       (8,041)         (129,218)
                                  ---------    ---------         ---------
Net Cash Provided By Financing
 Activities                         118,019      356,959           881,087
                                  ---------    ---------         ---------

NET INCREASE (DECREASE) IN CASH     (38,082)     173,467                 -

CASH AND CASH EQUIVALENTS AT
 BEGINNING OF PERIOD                 38,082       39,318                 -
                                  ---------    ---------         ---------
CASH AND CASH EQUIVALENTS AT
 END OF PERIOD                   $        -   $  212,785        $        -
                                  =========    =========         =========
SUPPLEMENTAL DISCLOSURE OF CASH
 FLOW INFORMATION:
 Cash paid for interest          $        -   $        -        $        -
                                  =========    =========         =========
 Cash paid for taxes             $        -   $        -        $        -
                                  =========    =========         =========
SUPPLEMENTAL DISCLOSURE OF
 NON-CASH INVESTING AND
 FINANCING ACTIVITIES:
  Common stock issued to
  founders for costs and
  equipment (0.001 per share)    $        -   $        -        $   48,050
                                  =========    =========         =========
 Stock issued in connection with
  shareholder loan repayment
  ($0.05 per share)              $   27,296   $        -        $   27,296
                                  =========    =========         =========
 Stock issued to settle accrued
  liabilities                    $  125,000   $        -        $  125,000
                                  =========    =========         =========
 Forgiveness of debt -
  related party                  $  976,154   $        -        $  976,154
                                  =========    =========         =========

<PAGE>                               -4-

                      CRSI GROUP, INC. AND SUBSIDIARIES
                        (A DEVELOPMENT STAGE COMPANY)
             NOTES TO CONDENSED CONSOLIDATED FINANCIALSTATEMENTS
                            AS OF JUNE 30, 2006
                               (UNAUDITED)

NOTE 1   SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND ORGANIZATION

         (A) Basis of Presentation

         The accompanying unaudited financial statements have been prepared in
         accordance with generally accepted accounting principles and the rules
         and regulations of the Securities and Exchange Commission for the
         interim financial information.  Accordingly, they do not include all
         the information and footnotes necessary for a comprehensive
         presentation of financial position and results of operations.

         It is management's opinion, however, that all adjustments (consisting
         of normal recurring adjustments) have been made which are necessary
         for a fair financial statements presentation.  The results for the
         interim period are not necessarily indicative of the results to be
         expected for the year.

         (B) Organization

         CRSI Group, Inc. (a development stage company), was organized under
         the laws of the State of Florida on April 9, 1987 as HWS November
         Corporation.  On May 19, 1989, the Company filed an amendment to its
         Articles of Incorporation changing its name to Abcor Products, Inc.
         On August 22, 2005, the Company filed an amendment to its Articles
         of Incorporation changing its name to CRSI Group, Inc. ("CRSI Group,
         Inc.")

         Care Recruitment Solutions International, Inc. ("CRSI") was
         organized under the laws of the State of Florida on October 18,
         2004.  CRSI is a development stage enterprise and intends to
         primarily provide international recruiting, placement and staffing
         of nurses to hospitals and other health care agencies.

         World Nursing Corps, Inc. ("WNC") is a development stage company
         organized under the laws of the State of Florida on June 22, 2005 as
         a wholly owned subsidiary of CRSI.  WNC was established to function
         as a resource and support organization for nurses placed by CRSI.
         WNC had no operating activities, assets or liabilities as of June
         30, 2006.

         On June 30, 2005, CRSI Group consummated an agreement with CRSI
         pursuant to which CRSI exchanged all of its then issued and
         outstanding shares of common stock for 17,995,912 (approximately
         90%) of the common stock shares of CRSI Group.  This "reverse"
         merger transaction is deemed to be a recapitalization by CRSI.  CRSI
         is considered the accounting acquirer and CRSI Group is considered
         the acquiree for financial reporting purposes.  Accordingly, the
         balance sheet contains the net assets of the accounting acquirer and
         acquiree at historical cost and the statement of operations includes
         the operations of the acquirer for the periods presented and the
         operations of the acquiree from the date of the merger.

<PAGE>                               -5-

                      CRSI GROUP, INC. AND SUBSIDIARIES
                        (A DEVELOPMENT STAGE COMPANY)
             NOTES TO CONDENSED CONSOLIDATED FINANCIALSTATEMENTS
                            AS OF JUNE 30, 2006
                               (UNAUDITED)

         Activities during the development stage include developing a
         business plan, obtaining financing and effecting a merger or
         acquisition.

         Hereinafter, Abcor and its wholly owned subsidiaries, CRSI and WNC
         may be referred to individually or in the aggregate as the "Company".

         (C) Cash and Cash Equivalents

         For purposes of the cash flow statements, the Company considers all
         highly liquid investments with original maturities of three months
         or less at the time of purchase to be cash equivalents.

         (D) Principles of Consolidation

         The consolidated financial statements include the accounts of CRSI
         Group, Inc. and its wholly owned subsidiaries, Care Recruitment
         Solutions International, Inc., and World Nursing Corps, Inc.  All
         significant intercompany accounts and transactions have been
         eliminated.

         (E) 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 reported period.  Actual results could differ
         from those estimates.

         (F) Loss Per Share

         Basic and diluted net loss per common share is computed based upon
         the weighted average common shares outstanding as defined by
         Financial Accounting Standards No. 128, "Earnings Per Share."  As
         of June 30, 2006 and 2005 and for the period from October 18, 2004
         (inception) to June 30, 2006, respectively, there were 150,000,
         150,000 and 150,000 common share equivalents outstanding,
         respectively.  These diluted securities were not included in the
         computation of diluted net loss per share as the effect was anti-
         diluted.

         (G) Business Segments

         The Company operates in one segment and therefore segment
         information is not presented.

<PAGE>                               -6-

                      CRSI GROUP, INC. AND SUBSIDIARIES
                        (A DEVELOPMENT STAGE COMPANY)
             NOTES TO CONDENSED CONSOLIDATED FINANCIALSTATEMENTS
                            AS OF JUNE 30, 2006
                               (UNAUDITED)

         (H) Stock-Based Compensation

         The Company applies Accounting Principles Board ("APB") Opinion No.
         25, Accounting for Stock Issued to Employees, and Related
         Interpretations, in accounting for stock warrants issued to
         employees.  Under APB No. 25, employee compensation cost is
         recognized when estimated fair value of the underlying stock on date
         of grant exceeds exercise price of the stock option.  For stock
         options and warrants issued to non-employees, the Company applies
         Statements of Financial Accounting Standards ("SFAS") No. 123,
         Accounting for Stock-Based Compensation, which requires the
         recognition of compensation cost based upon the fair value of stock
         warrants at the grant date using the Black-Scholes option pricing
         model.  During 2005, the Company granted 150,000 stock options to
         its President.  There was no resulting expense recorded due to the
         provisions of APB 25.  On January 1, 2006, the company adopted SFAS
         123R.  The adoption of SFAS 123R did not have any effect on the
         financial statements.

NOTE 2   LOANS FROM STOCKHOLDER

         The Company's founder advanced funds to the Company throughout the
         period from the Company's inception to March 31, 2006.  These loans
         are unsecured, due on demand, and bear interest at 3% per annum.  As
         of December 31, 2005, the Company owed the shareholder $288,975 of
         principal and related accrued interest of $4,365.  During February
         2006, the stockholder forgave $976,154 of loans and accrued
         interest.  The forgiveness was treated as an in kind contribution of
         capital.

         During April 2006, the Company received a revolving loan up to
         $30,000 at prime plus (8.75% as of June 30, 2006) from a Company
         related to the principal stockholder.  The loan is due monthly until
         September 2006.  The loan is unsecured and in default as of August
         1, 2006.

NOTE 3   REVERSE MERGER

         On June 30, 2005, Abcor consummated a "reverse" merger with CRSI.
         Immediately prior to the merger, Abcor had 2,002,028 shares of
         common stock issued and outstanding (net of 20,000,000 shares
         canceled pursuant to the merger).  CRSI exchanged 100% of its
         17,995,912 issued and outstanding common shares for common shares of
         Abcor on a 1 for 1 basis.  Immediately after the merger, Abcor had
         19,997,940 shares of common stock issued and outstanding.

         Simultaneous with the merger, the sole officer and director of Abcor
         resigned and the management of CRSI assumed such positions;
         therefore, effecting a change of control.  As a result, the
         transaction was recorded as a "reverse merger" whereby CRSI was

<PAGE>                               -7-

                      CRSI GROUP, INC. AND SUBSIDIARIES
                        (A DEVELOPMENT STAGE COMPANY)
             NOTES TO CONDENSED CONSOLIDATED FINANCIALSTATEMENTS
                            AS OF JUNE 30, 2006
                               (UNAUDITED)

         considered to be the accounting acquirer although CRSI became a
         wholly owned subsidiary of Abcor.  Accordingly, the financial
         statements include the operating results of CRSI for the periods
         presented and its balance sheet based on historical cost accounting.
         The financial statements will include the results of operations of
         Abcor from the date of the merger.

         Subsequently the Board of Directors approved a change in fiscal year
         from May 31 to December 31.  The Board of Directors also approved a
         name change for the accounting acquiree from Abcor Products, Inc. to
         CRSI Group, Inc., and an amendment to the articles of incorporation
         changing the capital structure.

NOTE 4   RELATED PARTY TRANSACTIONS

         The Company entered into related party transactions as disclosed in
         Notes 2, 5 and 6.

NOTE 5   STOCKHOLDERS' DEFICIENCY

         Common stock issuances from October 18, 2004 (inception) to June 30,
         2006 were as follows:

         i.   On October 18, 2004 (date of inception), the Company issued its
              founder 8,900,000 shares of common stock to reimburse him for an
              aggregate of $89,000 of start-up costs incurred and office
              furniture and equipment purchased by the founder prior to the
              Company's incorporation.  The stock was valued at the historical
              cost of the start-up costs incurred and the office furniture and
              equipment purchased.

         ii.  On October 27, 2004, the Company issued 100,000 shares of common
              stock for consulting services pursuant to a consultant agreement
              related to the Company's entrance into the foreign trained nurse
              recruitment business.  The services were recorded in the
              statement of operations for $5,000 based on a recent cash
              offering price of the common stock ($0.05 per share).  The
              consulting agreement was scheduled to expire upon the rendering
              of the aforementioned services.  The Company deemed that as of
              December 31, 2004, the consultant earned the 100,000 issued
              shares for services rendered.

         iii. On November 5, 2004, the Company issued 1,000,000 shares of
              common stock for cash of $50,000 ($0.05 per share).

          iv. On April 25, 2005, the Company issued 150,000 shares of common
              stock for consulting services rendered without a formal
              agreement.  The services were accrued as a liability on the
              March 31, 2005 balance sheet and recorded in the statement of
              operations in the first quarter for $7,500 based on a recent
              cash offering price of the common stock ($0.05 per share).

<PAGE>                               -8-

                      CRSI GROUP, INC. AND SUBSIDIARIES
                        (A DEVELOPMENT STAGE COMPANY)
             NOTES TO CONDENSED CONSOLIDATED FINANCIALSTATEMENTS
                            AS OF JUNE 30, 2006
                               (UNAUDITED)

           v. On April 25, 2005 the Company issued 545,912 common shares to
              its majority shareholder as a partial payment of the outstanding
              shareholder loan balance.  The recorded payment amount of
              $27,295 was determined by using the cash price of the common
              stock ($0.05 per share) offered in a concurrent private
              placement memorandum.

          vi. On April 27, 2005, the Company entered into an agreement with an
              unrelated party (hereinafter referred to as "CRSI") to acquire
              100% of the common stock of CRS in exchange for 17,995,912
              common shares of the Company.  The consummation of the
              transaction is contingent upon the following conditions:

              a.  The Company has been brought into full compliance with its
                  reporting obligations under the Securities Exchange Act of
                  1934 and (2) the Company has filed and mailed to its
                  shareholders a statement complying with the requirements of
                  SEC Rule 14f-1.

              b.  The "closing" of this agreement shall occur ten days after
                  each of the two conditions referred to above have been
                  satisfied.  In the event the closing does not occur within
                  60 days after the date of the agreement, the agreement will
                  terminate and have no further force or effect.

         vii. On May 9, 2005, the Company issued 7,300,000 common shares at
              $0.05 per share pursuant to a private placement memorandum and
              raised $365,000.

        viii. On June 30, 2005 the Company issued 539,877 shares of common
              stock to an executive pursuant to an employment agreement.  The
              shares issued were contingent on the success of the private
              placement memorandum and the consummation of the "reverse"
              merger.  The statement of operations includes $26,994 of
              consulting fees determined by use of the recent cash offering
              price of the common stock ($0.05).

          ix. On June 30, 2005 the Company issued 120,000 shares of common
              stock for consulting services rendered.  The statement of
              operations includes $6,000 of consulting fees determined by use
              of the recent cash offering price of the common stock ($0.05).

           x. On June 30, 2005, the Company issued 700,000 shares of common
              stock for consulting services rendered pursuant to the "reverse"
              merger.  The statement of operations includes $35,000 of
              consulting fees determined by use of the recent cash offering
              price of the common stock ($0.05).

<PAGE>                               -9-

                      CRSI GROUP, INC. AND SUBSIDIARIES
                        (A DEVELOPMENT STAGE COMPANY)
             NOTES TO CONDENSED CONSOLIDATED FINANCIALSTATEMENTS
                            AS OF JUNE 30, 2006
                               (UNAUDITED)

          xi. On June 30, 2005, the Company exchanged 2,002,028 shares of
              common stock for all the outstanding shares of Abcor.

         xii. On January 23, 2006, the Company issued 100,000 shares of
              common stock for the settlement of certain outstanding accrued
              liabilities.  The fair value of these shares was $125,000.
              There was no gain or loss upon settlement of these liabilities.

        xiii. During February 2006, a stockholder forgave and assumed
              certain liabilities of $976,154.  These amounts were treated as
              an in kind contribution by the stockholder.

     Stock Options
     -------------
                                                           Weighted
                                         Number of         Average
                                         Options           Exercise Price
                                      --------------     ------------------
     Outstanding at December 31, 2005    150,000             $  0.55
     Granted                                   -                   -
     Exercised                                 -                   -
     Cancelled                                 -                   -
                                        --------              ------
     Outstanding at June 30, 2006        150,000             $  0.55
                                        ========              ======

     The following table summarizes the Company's employee stock
     options outstanding at June 30, 2006:

     Options Outstanding
     -------------------

     Range of                            Weighted Average     Weighted Average
     Exercise Price       Number         Remaining Life       Exercise Price
     -------------------------------------------------------------------------

            $ 0.55        150,000         2 Years               $ 0.55
             =====        =======         =======                =====

         All outstanding employee stock options are fully vested and
         exercisable at June 30, 2006.

<PAGE>                               -10-

                      CRSI GROUP, INC. AND SUBSIDIARIES
                        (A DEVELOPMENT STAGE COMPANY)
             NOTES TO CONDENSED CONSOLIDATED FINANCIALSTATEMENTS
                            AS OF JUNE 30, 2006
                               (UNAUDITED)

NOTE 6   COMMITMENTS

         (A) Employment Agreement

         The Company hired its founder as Chief Executive Officer (CEO) and
         president pursuant to the terms of an employment agreement effective
         October 19, 2004.  The term of the agreement is for five years with
         annual renewal options thereafter.  The annual base salary is
         $250,000 with annual increases of 25% and an annual bonus equal to
         8% of EBITDA.  The CEO has the option of receiving the bonus in
         cash, common stock at a 50% discount, or a combination of both.  As
         of February 28, 2006, the company and the CEO entered into a
         settlement and termination agreement whereby the employment contract
         was cancelled effective February 28, 2006.

         (B) Employment Agreement

         The Company hired a "Senior Vice-President, International
         Operations" (Executive) pursuant to an employment agreement.  The
         effective date of the agreement was to commence upon the raising of
         $250,000 of investment capital by the Company, which was achieved on
         May 9, 2005.  The agreement term is for the period from the
         effective date to December 31, 2008 and, thereafter, shall be
         automatically extended annually for one year terms unless the
         Company terminates the agreement upon six months prior notice.  The
         Company shall pay to the Executive an annual base salary of
         $175,000, with annual increases of 12%.  The executive shall be
         entitled to an annual bonus to be received in cash, common stock at
         a 50% discount, or a combination of both at the executive's option.
         The formula for the bonus has not been determined.  The Company has
         also agreed to pay the executive (1) an amount of the Company's
         common shares equal to 3% of the then issued and outstanding shares
         of common stock on latter of the effective date or the "reverse"
         merger consummation date and (2) a one-time amount of common stock
         of the Company equal to 1.99% of the then issued and outstanding
         shares of common stock at such time that the Company has achieved
         aggregate, consolidated year-to-date revenues of at least $6.6
         million.

         The agreement also stipulates that the executive will be given the
         opportunity to participate in any executive employee stock option
         programs and shall be entitled to purchase stock options at a price
         equal to the closing bid price of the common shares on the date of
         the grant and shall be exercisable for a period of ten years.  The
         executive will also be paid "business development fees" in the event
         the executive identifies a health care organization that the Company
         places a professional into and when the executive identifies an
         individual that the Company places into a paying position.  ("CRSI
         Group, Inc.") As of February 28, 2006, the company and the Senior
         Vice-President, International Operations entered into a settlement
         and termination agreement whereby the employment contract was
         cancelled effective February 28, 2006.

<PAGE>                               -11-

                      CRSI GROUP, INC. AND SUBSIDIARIES
                        (A DEVELOPMENT STAGE COMPANY)
             NOTES TO CONDENSED CONSOLIDATED FINANCIALSTATEMENTS
                            AS OF JUNE 30, 2006
                               (UNAUDITED)

NOTE 7   PLACEMENT AGREEMENT

         In April 2005 the Company entered into a five year "placement"
         agreement with a national health care provider to provide a minimum
         annual staffing of 150 nurses.  The agreement provides that the
         Company will receive a $12,500 placement fee per nurse plus a $5,000
         per nurse training and immigration cost subsidy.  The agreement may
         be terminated by either party with or without cause upon ninety days
         written notice.  At June 30, 2006, there were no placement fees
         paid.

NOTE 8   GOING CONCERN

         The Company is in the development stage with no operations, has a
         cumulative negative cash flow from operations of $867,383, has had
         recurring losses since inception and has an accumulated deficit of
         $1,776,568.  Accordingly, there is substantial doubt about the
         Company's ability to continue as a going concern.  The ability of
         the Company to continue as a going concern is dependent on the
         Company's ability to affect the Share Exchange Agreement as more
         fully discussed in Note 9.  Management believes that the merger with
         the Caspian Companies can provide the Company with the opportunity
         to continue as a going concern. The financial statements do not
         include any adjustments that might be necessary if the Company is
         unable to continue as a going concern.

NOTE 9   SUBSEQUENT EVENTS

         On February 28, 2006 CRSI Group entered into a Share Exchange
         Agreement (the "Agreement") with the equity-holders in three limited
         liability companies organized in the Republic of Kazakhstan:
         Scientific Industrial Firm Dank, LLC, Central Geophysical Expedition
         LLC and A-Fidan, LLC (the "Caspian Companies").  By mutual agreement
         between the parties, A-Fidan, LLC was recently replaced in the
         Agreement with Kor-tazh, LLC.  All other terms remained the same.
         The Caspian Companies are engaged in oil production and in certain
         aspects of the oil services industry.  The Share Exchange Agreement
         contemplates that CRSI Group will acquire 95% of the equity in the
         Caspian Companies in exchange for 54,000,000 shares of common stock
         issued by CRSI Group.  The closing of the acquisition is expected to
         occur in August 2006 after the completion of the independent audits
         of the financial statements of the Caspian Companies.  As of
         August 1, 2006 the transaction has not closed.

<PAGE>                               -12-

ITEM 2.  PLAN OF OPERATION

     During CRSI's first year of operations its founder, Jeremy
Feakins, contributed $89,000 to CRSI and made additional loans to
enable CRSI to initiate its operations.  The net balance of the loan
account at December 30, 2005 was $318,975.  At the same time, Mr.
Feakins and Michael Mills, the Director of CRSI Europe, deferred all
of their salary, and Ytzik Aranov, who was CRSI's Senior Vice
President, deferred half of his salary.  As a result, there was
reported on the balance sheet at December 31, 2005 $345,474 in accrued
compensation.

     Early in 2005 CRSI supplemented the funds provided by Mr.
Feakins by selling common stock to five private investors for
$415,000.  The funds were used primarily to pay the expenses incurred
as Mr. Feakins organized the network of institutional relationships
that are the foundation for CRSI's business plan.  As a result, at
December 31, 2005 CRSI had only $38,082 in cash remaining on hand.  At
the same time, it had $384,526 in current liabilities, in addition to
the loans and accrued compensation noted above, producing a working
capital deficit of ($1,010,864).  Because of the lack of funds, CRSI
ceased its efforts to expand its business and focused on raising
capital.  In its report on CRSI's financial statements for the year
ended December 31, 2005, the Company's auditor states that there is
substantial doubt as to the ability of CRSI Group to continue as a
going concern.  In order to continue to implement its business plan,
CRSI Group will have to obtain additional capital.  For that reason,
management has been actively soliciting additional equity investment.
It has not, however, received financing commitments from anyone at
this time.

     On February 9, 2006 Jeremy Feakins and a company owned by him
entered into a Settlement and Termination Agreement with CRSI Group.
Mr. Feakins and his company released CRSI from liability for the
amounts that he and his company had loaned to CRSI and for all accrued
compensation.  Mr. Feakins also agreed to assume all of CRSI Group's
liability to Michael Mills and Yitzchak Aranov, totaling $164,919, and
those individuals agreed to release CRSI from those liabilities.  For
its part, CRSI transferred to Mr. Feakins certain office equipment
with a book value of less than $40,000, granted Mr. Feakins a
perpetual exclusive (except as to CRSI) license to use the tradenames
"Care Recruitment Solutions International" and "World Nursing Corps,"
and assigned to Mr. Feakins the domain name "worldnursingcorps.com"
and the Website that operates under that name.

     On February 28, 2006 CRSI Group entered into a Share Exchange
Agreement with the equity-holders in three limited liability companies
organized in the Republic of Kazakhstan:  Scientific Industrial Firm
Dank, LLC, Central Geophysical Expedition LLC, and A-Fidan, LLC. (the
"Caspian Companies").  The Caspian Companies are engaged in oil
production and in certain aspects of the oil services industry.  The
Share Exchange Agreement contemplates that CRSI Group will acquire 95%
of the equity in the Caspian Companies in exchange for 54,000,000 shares
of common stock issued by CRSI Group.  The closing of the acquisition
will occur after conditions specified in the Share Exchange Agreement
have been satisfied, primarily completion of satisfactory due diligence
investigations by both parties and the completion of the audits of the
financial statements of the Caspian Companies.  Completion of the share
exchange would represent a significant addition to the business plan of
CRSI Group.

<PAGE>                               -13-


Off-Balance Sheet Arrangements

     We do not have any off-balance sheet arrangements that have or
are reasonably likely to have a current or future effect on our
financial condition or results of operations.

ITEM 3.  CONTROLS AND PROCEDURES

     Evaluation of Disclosure Controls and Procedures.  Jeremy
Feakins, our Chief Executive Officer and Chief Financial Officer,
carried out an evaluation of the effectiveness of Abcor's  disclosure
controls and procedures as of June 30, 2006.  Pursuant to
Rule13a-15(e) promulgated by the Securities and Exchange Commission
pursuant to the Securities Exchange Act of 1934, "disclosure controls
and procedures" means controls and other procedures that are designed
to insure that information required to be disclosed by CRSI Group in
the reports that it files with the Securities and Exchange Commission
is recorded, processed, summarized and reported within the time limits
specified in the Commission's rules.  "Disclosure controls and
procedures" include, without limitation, controls and procedures
designed to insure that information Abcor is required to disclose in
the reports it files with the Commission is accumulated and
communicated to our Chief Executive Officer and Chief Financial
Officer as appropriate to allow timely decisions regarding required
disclosure.  Based on his evaluation, Mr. Feakins concluded that CRSI
Group's system of disclosure controls and procedures was effective as
of June 30, 2006 for the purposes described in this paragraph.

     Changes in Internal Controls.  There was no change in internal
controls over financial reporting (as defined in Rule 13a-15(f)
promulgated under the Securities Exchange Act or 1934) identified in
connection with the evaluation described in the preceding paragraph
that occurred during CRSI Group's second fiscal quarter that has
materially affected or is reasonably likely to materially affect CRSI
Group's internal control over financial reporting.

PART II  -  OTHER INFORMATION

Item 2.  Changes in Securities and Small Business Issuer Purchase of
         Equity Securities

     (c) Unregistered sales of equity securities

     None.

     (e) Purchases of equity securities

     The Company did not repurchase any of its equity securities that
were registered under Section 12 of the Securities Exchange Act during
the 2nd quarter of 2006.

<PAGE>                               -14-


Item 6.	Exhibits

     31 Rule 13a-14(a) Certification
     32 Rule 13a-14(b) Certification

<PAGE>
                                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 thereunto duly authorized.

                                     CRSI GROUP, INC.


Date: August 8, 2006                 By: /s/ Jeremy Feakins
                                     -----------------------------------
                                     Jeremy Feakins, Chief Executive
                                      Officer, Chief Financial Officer,
                                      Chief Accounting Officer