UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                        --------------------------------

                                   FORM 10-QSB

                        --------------------------------
(Mark One)

|X|      QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
         EXCHANGE ACT OF 1934

                For The Quarterly Period Ended November 30, 2006

| |      TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
         EXCHANGE ACT OF 1934

             For The Transition Period from __________ To _________

                         Commission file number: 0-9879

                            CAPITAL SOLUTIONS I, INC.
        ----------------------------------------------------------------
        (Exact name of small business issuer as specified in its charter)

           DELAWARE                                        13-2648442
---------------------------------              ---------------------------------
  (State or other jurisdiction                 (IRS Employer Identification No.)
of incorporation or organization)

             One N.E. First Avenue, Suite 306, Ocala, Florida 34470
        ----------------------------------------------------------------
                    (Address of principal executive offices)

                                 (352) 867-5183
        ----------------------------------------------------------------
                           (Issuer's telephone number)

         ---------------------------------------------------------------
              (Former Name, former address and former fiscal year,
                          if changed since last report)

Check whether the issuer (1) has filed all reports required 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 |_|










<PAGE>
Indicate by check mark whether the issuer is a shell company (as defined in rule
12b-2 of the Exchange Act) Yes [X] No [ ]

                APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY
                   PROCEEDINGS DURING THE PRECEDING FIVE YEARS

Check whether the registrant filed all documents and reports required by Section
12, 13, or 15(d) of the Exchange Act after the distribution of securities under
a plan confirmed by a court Yes [ ] No [ ]

                      APPLICABLE ONLY TO CORPORATE ISSUERS

State the number shares outstanding of each of the issuer's classes of common
equity, as of the latest practicable date:

         As of January 22, 2007, there were 66,732 shares of the Registrant's
Common Stock, $0.0000001 par value per share, outstanding.

Transitional Small Business Disclosure Format   Yes | |   No |X|









































<PAGE>
                            CAPITAL SOLUTIONS I, INC.
                FOR THE QUARTERLY PERIOD ENDED NOVEMBER 30, 2006

                                TABLE OF CONTENTS

                         PART I - FINANCIAL INFORMATION

Item 1. Financial Statements................................................  4

Item 2. Management's Discussion and Analysis or Plan of Operation........... 18

Item 3. Controls and Procedures............................................. 24

                           PART II - OTHER INFORMATION

Item 1. Legal Proceedings................................................... 25

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds......... 25

Item 3. Defaults upon Senior Securities..................................... 25

Item 4. Submission of Matters to a Vote of Securities Holders............... 25

Item 5. Other Information................................................... 25

Item 6. Exhibits............................................................ 25

THIS REPORT CONTAINS FORWARD-LOOKING STATEMENTS THAT INVOLVE RISKS AND
UNCERTAINTIES. SUCH STATEMENTS ARE BASED ON CURRENT EXPECTATIONS, ASSUMPTIONS,
ESTIMATES AND PROJECTIONS ABOUT THE COMPANY AND ITS INDUSTRY. FORWARD-LOOKING
STATEMENTS ARE SUBJECT TO KNOWN AND UNKNOWN RISKS, UNCERTAINTIES AND OTHER
FACTORS THAT MAY CAUSE ACTUAL RESULTS, LEVELS OF ACTIVITY, PERFORMANCE,
ACHIEVEMENTS AND PROSPECTS TO BE MATERIALLY DIFFERENT FROM THOSE EXPRESSED OR
IMPLIED BY SUCH FORWARD-LOOKING STATEMENTS. THE COMPANY UNDERTAKES NO OBLIGATION
TO UPDATE PUBLICLY ANY FORWARD-LOOKING STATEMENTS FOR ANY REASON EVEN IF NEW
INFORMATION BECOMES AVAILABLE OR OTHER EVENTS OCCUR IN THE FUTURE.























                                        3
<PAGE>
                                     PART I
                              FINANCIAL INFORMATION

Item 1.  Financial Statements


        INDEX TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)





     Balance Sheet as of November 30, 2006                                   5

     Statements of Income for the Six and Three Months Ended
       November 30, 2006 and 2005                                            6

     Statements of Cash Flows for the Six Months Ended
         November 30, 2006 and 2005                                          7

     Notes to Condensed Consolidated Financial Statements                    8






































                                        4
<PAGE>
                            CAPITAL SOLUTIONS I, INC.
                CONDENSED CONSOLIDATED BALANCE SHEET (UNAUDITED)
                             AS OF NOVEMBER 30, 2006

                                     ASSETS

<TABLE>
<CAPTION>
                                                                                       2006
                                                                                --------------------
<S>                                                                             <C>
CURRENT ASSETS
   Cash and cash equivalents                                                     $              687
                                                                                --------------------

              TOTAL CURRENT ASSETS                                                              687
                                                                                --------------------


TOTAL ASSETS                                                                     $              687
                                                                                ====================


                     LIABILITIES AND STOCKHOLDERS' (DEFICIT)


CURRENT LIABILITIES
   Loan payable - related party                                                              20,000
                                                                                --------------------

              TOTAL CURRENT LIABILITIES                                                      20,000
                                                                                --------------------

 STOCKHOLDERS' (DEFICIT)
   Preferred stock, $.0000001 par value, 20,000,000 shares authorized, 50,000
    issued and outstanding at November 30, 2006
   Common stock, $.0000001 par value, 900,000,000 shares
    authorized, 66,732 issued and outstanding at November 30, 2006                                -
   Additional paid-in capital                                                               531,530
   Accumulated deficit                                                                     (550,843)
                                                                                --------------------

              TOTAL STOCKHOLDERS' (DEFICIT)                                                 (19,313)
                                                                                --------------------

TOTAL LIABILITIES AND STOCKHOLDERS' (DEFICIT)                                    $              687
                                                                                ====================
</TABLE>









         The accompanying notes are an integral part of these condensed
                       consolidated financial statements.
                                        5
<PAGE>
                            CAPITAL SOLUTIONS I, INC.
             CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED)
      FOR THE SIX MONTHS AND THREE MONTHS ENDED NOVEMBER 30, 2006 AND 2005

<TABLE>
<CAPTION>
                                                                                 SIX MONTHS ENDED            THREE MONTHS ENDED
                                                                            November 30,  November 30,   November 30,  November 30,
                                                                               2006          2005           2006          2005
                                                                            ------------  ------------   ------------  ------------
<S>                                                                         <C>           <C>            <C>           <C>
REVENUES                                                                     $        -    $        -     $        -    $        -

COST OF REVENUES                                                                      -             -              -             -
                                                                            ------------  ------------   ------------  ------------

GROSS PROFIT                                                                          -             -              -             -
                                                                            ------------  ------------   ------------  ------------

OPERATING EXPENSES
   Professional fees and consulting                                                   -           864              -           864
   Accounting and audit fees                                                     18,000             -         18,000             -
   Stock transfer fees                                                                -           165              -           165
   Administrative and other                                                       1,745           162          1,708           126
                                                                            ------------  ------------   ------------  ------------
     Total operating expenses                                                    19,745         1,191         19,708         1,155
                                                                            ------------  ------------   ------------  ------------

LOSS BEFORE OTHER INCOME (EXPENSE)                                              (19,745)       (1,191)       (19,708)       (1,155)
                                                                            ------------  ------------   ------------  ------------

OTHER INCOME (EXPENSE)
   Expiration of debt                                                           629,707                            -
   Interest expense                                                                   -       (16,008)             -        (8,004)
                                                                            ------------  ------------   ------------  ------------
     Total other Income (expense)                                               629,707       (16,008)             -        (8,004)
                                                                            ------------  ------------   ------------  ------------

INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE PROVISION FOR INCOME TAXES      (19,745)      (17,199)       (19,708)       (9,159)
   Provision for income taxes                                                         -             -              -             -
                                                                            ------------  ------------   ------------  ------------

INCOME (LOSS)  FROM CONTINUING OPERATIONS APPLICABLE TO COMMON SHARES           609,962       (17,199)       (19,708)       (9,159)
                                                                            ------------  ------------   ------------  ------------

DISCONTINUED OPERATIONS
   (Loss on disposal)                                                                 -       (21,000)             -       (21,000)
                                                                            ------------  ------------   ------------  ------------

NET INCOME (LOSS)  FROM  OPERATIONS APPLICABLE TO COMMON SHARES              $  609,962    $  (38,199)    $  (19,708)   $  (30,159)
                                                                            ============  ============   ============  ============

NET INCOME (LOSS) FROM CONTINUING OPERATIONS PER BASIC AND DILUTED SHARES    $     7.03    $    (0.39)    $    (0.26)   $    (0.31)
                                                                            ============  ============   ============  ============

NET (LOSS) FROM DISCONTINUED OPERATIONS PER BASIC AND DILUTED SHARES         $        -    $    (0.00)    $        -    $    (0.00)
                                                                            ============  ============   ============  ============

WEIGHTED AVERAGE NUMBER OF COMMON
SHARES OUTSTANDING                                                               86,732        96,732         76,732        96,732
                                                                            ============  ============   ============  ============
</TABLE>

         The accompanying notes are an integral part of these condensed
                       consolidated financial statements.
                                        6
<PAGE>
                            CAPITAL SOLUTIONS I, INC.
           CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)
               FOR THE SIX MONTHS ENDED NOVEMBER 30, 2006 AND 2005

<TABLE>
<CAPTION>
                                                                                                   2006                 2005
                                                                                            -------------------  -------------------
<S>                                                                                         <C>                  <C>
CASH FLOWS FROM OPERATING ACTIVITIES
   CONTINUING OPERATIONS:
   Net Income (Loss)                                                                         $         609,962    $         (17,199)
                                                                                            -------------------  -------------------

ADJUSTMENTS TO RECONCILE NET LOSS TO NET CASH
     PROVIDED BY (USED IN) OPERATING ACTIVITIES:
   Goodwill impairment                                                                                       -               91,970
   Expiration of debt                                                                                 (629,707)                   -

CHANGES IN ASSETS AND LIABILITIES
   Increase in accounts payable and accrued expenses                                                         -               16,008
                                                                                            -------------------  -------------------
               TOTAL ADJUSTMENTS                                                                      (629,707)             107,978
                                                                                            -------------------  -------------------

               NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES                                     (19,745)              90,779
                                                                                            -------------------  -------------------

DISCONTINUED OPERATIONS:
   (Loss on discontinued operations)                                                                         -              (21,000)
                                                                                            -------------------  -------------------

Net cash  (used in) operating activities - discontinuing operations                                          -              (21,000)
                                                                                            -------------------  -------------------

CASH FLOWS FROM INVESTING ACTIVITIES
   CONTINUING OPERATIONS:
   Purchase of investments                                                                                   -                   26
                                                                                            -------------------  -------------------

               NET CASH PROVIDED BY FINANCING ACTIVITIES - CONTINUING OPERATIONS                             -                   26
                                                                                            -------------------  -------------------

CASH FLOWS FROM FINANCING ACTIVITIES
   CONTINUING OPERATIONS:
       Increase in Loan payable - related party                                                         20,000                    -
       (Payments) on short-term notes  payable and advances                                                  -               (3,352)
       (Payments) of line of credit                                                                          -              (64,777)
                                                                                            -------------------  -------------------

               NET CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES - CONTINUING OPERATIONS              20,000              (68,129)
                                                                                            -------------------  -------------------

NET INCREASE IN CASH AND CASH EQUIVALENTS                                                                  255                1,676

CASH AND CASH EQUIVALENTS - BEGINNING OF PERIOD                                                            432                  137
                                                                                            -------------------  -------------------

CASH AND CASH EQUIVALENTS - END OF PERIOD                                                    $             687    $           1,813
                                                                                            ===================  ===================
</TABLE>


         The accompanying notes are an integral part of these condensed
                       consolidated financial statements.
                                        7
<PAGE>
                            CAPITAL SOLUTIONS I, INC.
        NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)
                           NOVEMBER 30, 2006 AND 2005

NOTE 1 - ORGANIZATION

         The condensed consolidated unaudited interim financial statements
         included herein have been prepared by Capital Solutions I, Inc.
         (formerly Vacation Ownership Marketing, Inc.) (the "Company") without
         audit, pursuant to the rules and regulations of the Securities and
         Exchange Commission (the "SEC"). Certain information and footnote
         disclosures normally included in the condensed consolidated financial
         statements prepared in accordance with accounting principles generally
         accepted in the United States of America have been condensed or omitted
         as allowed by such rules and regulations, and the Company believes that
         the disclosures are adequate to make the information presented not
         misleading. It is suggested that these condensed consolidated financial
         statements be read in conjunction with the May 31, 2006 audited
         consolidated financial statements and the accompanying notes thereto.
         While management believes the procedures followed in preparing these
         condensed consolidated financial statements are reasonable, the
         accuracy of the amounts are in some respects dependent upon the facts
         that will exist, and the procedures that will be accomplished by the
         Company later in the year.

         The management of the Company believes that the accompanying unaudited
         condensed consolidated financial statements contain all adjustments
         including normal recurring adjustments necessary to present fairly the
         operations, changes in stockholders' (deficit), and cash flows for the
         period presented.

         Capital Solutions I, Inc., "CSI" (formerly Vacation Ownership
         Marketing, Inc.) (the "Company") was incorporated in Delaware as Magnum
         Communications Corp in 1969. It changed names to its present name on
         May 10, 2004. Before changing its name to Capital Solutions I, Inc.
         they changed to Vacation Ownership Marketing, Inc. Coinciding with the
         name change, the Company did not change its business structure, which
         was the development and marketing of time-shared condominiums, which it
         continued until 1983. During the year 1983, the Company experienced
         financial difficulties and encountered adverse litigation. The
         Company's charter expired until May 7, 2000, when a certificate of
         renewal was issued.















                                        8
<PAGE>
                            CAPITAL SOLUTIONS I, INC.
  NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) (CONTINUED)
                           NOVEMBER 30, 2006 AND 2005

NOTE 1 - ORGANIZATION (CONTINUED)

         On January 21, 2004, the Company took the following actions in lieu of
         an annual meeting of the stockholders pursuant to Section 228 of the
         Delaware General Corporation Law: re-election of directors; the Company
         increased its authorized common stock from 50,000,000 to 1,000,000,000
         shares; the ratification of the issuance of common stock; the
         ratification of the assignment of Encore Builders common stock; and the
         approval of the Amended and Restated Articles of Incorporation. An
         Amended and Restated Certificate of Incorporation was filed with the
         Secretary of State on January 22, 2004.

         As of May 10, 2004, the Company merged with Vacation Ownership
         Marketing, Inc. A 1:50 reverse stock split of the company's common
         stock became effective. As a result of the reverse stock split,
         Vacation Ownership Marketing, Inc. changed its name to Capital
         Solutions I, Inc. "the Company". The stock split decreased the issued
         and outstanding common stock from 61,110,595 to 1,222,005. Capital
         Solutions I, Inc. had no assets or liabilities. After the consummation
         of the merger, Capital Solutions I, Inc. will cease to exist.
         Additionally, the authorized shares of common stock increased from 1
         billion to 20 billion and the authorized shares of preferred stock
         increased from 10 million to 200 million. The par value of the common
         stock and preferred stock authorized was reduced from $.001 par value
         per share to $.0000001 par value per share. The Company does not
         believe the merger will have any effect on the Company of its finances
         other than the amendment and restatement of the Company's Certificate
         of Incorporation.

         On June 17, 2005 the Company took the following actions in lieu of an
         annual meeting of the stockholders pursuant to Section 228 of the
         Delaware General Corporation Law: the Company decreased its authorized
         common stock from 20,000,000,000 to 900,000,000 shares; decreased its
         authorized preferred stock from 200,000,000 to 20,000,000; engaged in a
         1:10 reverse stock split of its common stock, decreasing the Company's
         issued outstanding common stock from 783,667,072 to 78,366,672; and the
         approval of the Amended and Restated Articles of Incorporation. An
         amended and Restate Certificate of Incorporation was filed with the
         Delaware Secretary of State on June 17, 2005.

         On October 19, 2005, the Company took the following actions based on
         the Rescission Agreement to cancel 30,000,000 shares of common stock,
         which had been issued to the Bedrock Shareholders, and certain other
         individuals have been cancelled and returned to the treasury.

                                        9
<PAGE>
NOTE 1 - ORGANIZATION (CONTINUED)

         PRINCIPLES OF CONSOLIDATION

         The condensed consolidated financial statements for the six and three
         months ended November 30, 2006 and 2005 include the accounts of the
         Company and all of its wholly-owned subsidiaries. All significant
         inter-company accounts and transactions have been eliminated in
         consolidation.

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

         USE OF ESTIMATES

         The preparation of financial statements in conformity with accounting
         principles generally accepted in the United States of America requires
         management to make estimates and assumptions that affect the reported
         amounts of assets and liabilities and disclosure of contingent assets
         and liabilities at the date of the financial statements and the
         reported amounts of revenues and expenses during the reporting period.
         Actual results could differ from those estimates.

         CASH AND CASH EQUIVALENTS

         The Company considers all highly liquid debt instruments and other
         short-term investments with an initial maturity of three months or less
         to be cash or cash equivalents.

         The Company maintains cash and cash equivalent balances at several
         financial institutions, which are insured by the Federal Deposit
         Insurance Corporation up to $100,000.

         START-UP COSTS

         The Company adopted Statement of Position No. 98-5 ("SOP 98-5"),
         "Reporting the Costs of Start-Up Activities." SOP 98-5 requires that
         all non-governmental entities expense the cost of start-up activities,
         including organizational costs as those costs are incurred.

         REVENUE AND COST RECOGNITION

         The Company records its transactions under the accrual method of
         accounting whereby income gets recognized when the services are
         rendered and collection is reasonably assured.















                                       10
<PAGE>
NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

         INCOME TAXES

         Income taxes are computed on the pretax loss based on the current tax
         law. Deferred income taxes are recognized for the tax consequences in
         future years of differences between the tax basis of assets and
         liabilities and their financial reporting amounts at each year-end
         based on enacted tax laws and statutory tax rates. All deferred tax
         assets that arose from the carryforward of net operating losses have
         been offset by a valuation allowance due to the uncertainty of the
         realization of these tax assets.

         FAIR VALUE OF FINANCIAL INSTRUMENTS

         The carrying amounts reported in the consolidated balance sheet for
         cash and cash equivalents, and loan payable - related party approximate
         fair value because of the immediate or short-term maturity of these
         condensed consolidated financial instruments.

         EARNINGS (LOSS) PER SHARE OF COMMON STOCK

         Historical net income (loss) per common share is computed using the
         weighted average number of CSI Common Stock outstanding. Diluted
         earnings per share (EPS) include additional dilution from CSI Common
         Stock equivalents, such as stock issuable pursuant to the exercise of
         stock options and warrants. CSI Common Stock equivalents were not
         included in the computation of diluted earnings per share when the
         Company reported a loss because to do so would be antidilutive for
         periods presented.





























                                       11
<PAGE>
NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

         EARNINGS (LOSS) PER SHARE OF COMMON STOCK (CONTINUED)

         The following is a reconciliation of the computation for basic and
         diluted EPS:

                                        November 30,            November 30,
                                           2006                    2005
                                    --------------------    -------------------
Net Income (Loss)                    $          609,962      $         (38,199)
                                    ====================    ===================

Weighted-average common shares
Outstanding (Basic)                              86,732                 96,732

Weighted-average common stock
Equivalents
     Stock options                                    -                      -
     Warrants                                         -                      -
                                    --------------------    -------------------

Weighted-average common shares
Outstanding (Diluted)                            86,732                 96,732
                                    ====================    ===================


         There are no options and warrants outstanding to purchase stock at
         November 30, 2006 and 2005.






























                                       12
<PAGE>
NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

         RECENT ACCOUNTING PRONOUNCEMENTS

         On October 3, 2001, the FASB issued Statement of Financial Accounting
         Standards No. 144, "Accounting for the Impairment or Disposal of
         Long-Lived Assets" ("SFAS 144"), that is applicable to financial
         statements issued for fiscal years beginning after December 15, 2001.
         The FASB's new rules on asset impairment supersede SFAS 121,
         "Accounting for the Impairment of Long-Lived Assets to be Disposed Of",
         and portions of Accounting Principles Board Opinion No. 30, "Reporting
         the Results of Operations." This Standard provides a single accounting
         model for long-lived assets to be disposed of and significantly changes
         the criteria that would have to be met to classify an asset as
         held-for-sale. Classification as held-for-sale is an important
         distinction since such assets are not depreciated and are stated at the
         lower of fair value or carrying amount. This Standard also requires
         expected future operating losses from discontinued operations to be
         displayed in the period (s) in which the losses are incurred, rather
         than as of the measurement date as presently required. The Company
         disposed of its wholly-owned subsidiary Bedrock Holdings Corporation,
         Inc. during the quarter ended November 30, 2005. The loss from disposal
         of those assets was $21,000.

         There were no disposal of assets or impairment of goodwill for the six
         months ended November 30, 2006

         In December 2004, the Financial Accounting Standards Board ("FASB")
         issued Statement of Financial Accounting Standards ("SFAS") No. 151,
         "Inventory Costs." SFAS No. 151 requires abnormal amounts of inventory
         costs related to idle facility, freight handling and wasted material
         expenses to be recognized as current period charges. Additionally, SFAS
         No. 151 requires that allocation of fixed production overheads to the
         costs of conversion be based on the normal capacity of the production
         facilities. The standard is effective for fiscal years beginning after
         June 15, 2005. The adoption of SFAS No. 151 did not have a material
         impact on the Company's financial position or results of operations.

         In May 2005, the FASB issued SFAS No. 154, "Accounting Changes and
         Error Corrections." SFAS No. 154 replaces Accounting Principles Board
         ("APB") Opinion No. 20, "Accounting Changes" and SFAS No. 3, "Reporting
         Accounting Changes in Interim Financial Statements." SFAS No. 154
         requires retrospective application to prior periods' financial
















                                       13
<PAGE>
NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

         RECENT ACCOUNTING PRONOUNCEMENTS (CONTINUED)

         statements of a voluntary change in accounting principle unless it is
         impracticable. APB No. 20 previously required that most voluntary
         changes in accounting principle be recognized by including the
         cumulative effect of changing to the new accounting principle in net
         income in the period of the change. SFAS No. 154 is effective for
         accounting changes and corrections of errors made in fiscal years
         beginning after December 15, 2005. The adoption of SFAS No. 154 did not
         have a material impact on the Company's financial position or results
         of operations.


         In February 2006, the FASB issued SFAS No. 155, "Accounting for Certain
         Hybrid Financial Instruments, an amendment of FASB Statements No. 133
         and 140." SFAS No. 155 resolves issues addressed in SFAS No. 133
         Implementation Issue No. D1, "Application of Statement 133 to
         Beneficial Interests in Securitized Financial Assets," and permits fair
         value remeasurement for any hybrid financial instrument that contains
         an embedded derivative that otherwise would require bifurcation,
         clarifies which interest-only strips and principal-only strips are not
         subject to the requirements of SFAS No. 133, establishes a requirement
         to evaluate interests in securitized financial assets to identify
         interests that are freestanding derivatives or that are hybrid
         financial instruments that contain an embedded derivative requiring
         bifurcation, clarifies that concentrations of credit risk in the form
         of subordination are not embedded derivatives and amends SFAS No. 140
         to eliminate the prohibition on a qualifying special-purpose entity
         from holding a derivative financial instrument that pertains to a
         beneficial interest other than another derivative financial instrument.
         SFAS No. 155 is effective for all financial instruments acquired or
         issued after the beginning of the first fiscal year that begins after
         September 15, 2006. The Company is currently evaluating the effect the
         adoption of SFAS No. 155 will have on its financial position or results
         of operations.

         In March 2006, the FASB issued SFAS No. 156, "Accounting for Servicing
         of Financial Assets, an amendment of FASB Statement No. 140." SFAS No.
         156 requires an entity to recognize a servicing asset or liability each
         time it undertakes an obligation to service a financial asset by
         entering into a servicing contract under a transfer of the servicer's
         financial assets that meets the requirements for sale accounting, a
         transfer of the servicer's financial assets to a qualified
         special-purpose entity in a guaranteed mortgage securitization in which
         the transferor retains all of












                                       14
<PAGE>
NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

         RECENT ACCOUNTING PRONOUNCEMENTS (CONTINUED)

         the resulting securities and classifies them as either
         available-for-sale or trading securities in accordance with SFAS No.
         115, "Accounting for Certain Investments in Debt and Equity Securities"
         and an acquisition or assumption of an obligation to service a
         financial asset that does not relate to financial assets of the
         servicer or its consolidated affiliates. Additionally, SFAS No. 156
         requires all separately recognized servicing assets and servicing
         liabilities to be initially measured at fair value, permits an entity
         to choose either the use of an amortization or fair value method for
         subsequent measurements, permits at initial adoption a one-time
         reclassification of available-for-sale securities to trading securities
         by entities with recognized servicing rights and requires separate
         presentation of servicing assets and liabilities subsequently measured
         at fair value and additional disclosures for all separately recognized
         servicing assets and liabilities. SFAS No. 156 is effective for
         transactions entered into after the beginning of the first fiscal year
         that begins after September 15, 2006. The Company is currently
         evaluating the effect the adoption of SFAS No. 156 will have on its
         financial position or results of operations.

         In September 2006, the FASB issued SFAS No. 157 "Fair Value
         Measurements," which provides a definition of fair value, establishes a
         framework for measuring fair value and requires expanded disclosures
         about fair value measurements. SFAS No. 157 is effective for financial
         statements issued for fiscal years beginning after November 15, 2007
         and interim periods within those fiscal years. The provisions of SFAS
         No. 157 should be applied prospectively. Management is assessing the
         potential impact on Company's financial condition and results of
         operations.

         In September 2006, the FASB issued SFAS No. 158 "Employers' Accounting
         for Defined Benefit Pension and Other Postretirement Plans", which
         amends SFAS No. 87 "Employers' Accounting for Pensions" (SFAS No. 87),
         SFAS No. 88 "Employers' Accounting for Settlements and Curtailments of
         Defined Benefit Pension Plans and for Termination Benefits" (SFAS No.
         88), SFAS No. 106 "Employers' Accounting for Postretirement Benefits
         Other Than Pensions" (SFAS No. 106), and SFAS No. 132R "Employers'
         Disclosures about Pensions and Other Postretirement Benefits (revised
         2003)" (SFAS No. 132R). This Statement requires companies to recognize
         an asset or liability for the overfunded or underfunded status of their
         benefit plans in their financial statements. SFAS No. 158 also requires
         the measurement date for plan assets and liabilities to coincide with
         the sponsor's year end. The standard provides












                                       15
<PAGE>
NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

         RECENT ACCOUNTING PRONOUNCEMENTS (CONTINUED)

         two transition alternatives related to the change in measurement date
         provisions. The recognition of an asset and liability related to the
         funded status provision is effective for fiscal year ending after
         December 15, 2006 and the change in measurement date provisions is
         effective for fiscal years ending after December 15, 2008. This
         pronouncement has no effect on the Company at this time.

NOTE 3 - STOCKHOLDERS' EQUITY

         There were 30,000 shares cancelled and returned to the treasury for the
         period ended November 30, 2006.

NOTE 4 - PROVISION FOR INCOME TAXES

         The Company did not provide for income taxes in the six months ended
         November 30, 2006 and 2005. Additionally, the Company established a
         valuation allowance equal to the full amount of the deferred tax assets
         due to the uncertainty of the utilization of the operating losses in
         future periods.

         At November 30, 2006 and 2005, the deferred tax assets consists of the
         following:

                                                  2006               2005
                                           -----------------  ------------------

Deferred taxes due to net operating loss
carryforwards                               $       165,316    $        346,235

Less:  Valuation allowance                         (165,316)           (346,235)
                                           -----------------  ------------------

Net deferred tax asset                      $             -    $              -
                                           =================  ==================


         Due to the uncertainty of utilizing the approximate $550,843 and $
         1,154,116 in net operating losses for the six months ended November 30,
         2006 and 2005, respectively, recognizing the deferred tax assets, an
         offsetting valuation allowance has been established.















                                       16
<PAGE>
NOTE 5 - GOING CONCERN

         As shown in the accompanying condensed consolidated financial
         statements the Company has incurred capital deficits and has had net
         operating losses from continuing operations for the six months ended
         November 30, 2006 and 2005. The Company did however, with the exception
         of the expiration of debt totaling $629,707, had income from operations
         for the six months ended November 30, 2006. The Company has no revenues
         to support itself.

         In view of these matters, continuing as a going concern is dependent
         upon the Company's ability to raise additional capital, and to secure a
         future business combination. Management believes that actions planned
         and presently being taken to revise the Company's operating and
         financial requirements provide the opportunity for the Company to
         continue as a going concern.

         The condensed consolidated financial statements do not include any
         adjustments that might result from the outcome of these uncertainties.

NOTE 6 - EXPIRATION OF DEBT

         The Company has recognized $629,707 of income as certain debt and
         related costs expired during the quarter ending August 31, 2006. The
         Company had outstanding convertible debentures in the amount of
         $400,202, which matured August 27, 2003. The debentures had been
         reported as a current liability in previous quarters. Under Colorado
         Law, these debentures along with the associated interest accrued and
         expenses of $229,505 have expired.

NOTE 7 - LOANS PAYABLE-RELATED PARTY

         During the six months ended November 30, 2006 and 2005, the Company has
         received a total of $20,000 in the form of advances from affiliated
         companies either in the form of cash or through the affiliated
         companies payment of legal and professional fees on behalf of the
         Company.

NOTE 8 - RELATED PARTY TRANSACTIONS

         As discussed in Note 7, the Company from time to time has been advanced
         through advances, or through the payment of legal and professional fees
         from affiliated companies. As of November 30, 2006, the Company has
         outstanding amounts due its affiliates of $20,000.
















                                       17
<PAGE>
Item 2.  Management's Discussion and Analysis or Plan of Operation.

THE FOLLOWING DISCUSSION SHOULD BE READ IN CONJUNCTION WITH THE COMPANY'S
FINANCIAL STATEMENTS AND THE NOTES TO THOSE STATEMENTS AND OTHER FINANCIAL
INFORMATION APPEARING ELSEWHERE IN THIS REPORT.

                                    OVERVIEW

         Capital Solutions I, Inc. (the "Company," "we," "our," "ours" and "us")
was incorporated in Delaware as "Magnum Communications Corp." in 1969 and
changed its name to Vacation Ownership Marketing, Inc. in 1980. Coinciding with
the name change, we changed our business to the development and marketing of
time-shared condominiums which continued until 1983. From 1983 until August 29,
2001, we were not engaged in any business. On August 29, 2001, we acquired
Encore Builders, Inc., a construction company, through what was then a
subsidiary of the Company. Beginning on August 29, 2001 we engaged in the
construction of Conquistador Plaza Apartments in Miami, Florida, pursuant to a
lump sum construction contract with Conquistador Plaza. These operations ceased
with the separation of Encore Builders from us in the first quarter of 2002. On
May 10, 2004 we changed our name to our present name, Capital Solutions I, Inc.

                               Management's plans

         Our plan is to seek, investigate, and if such investigation warrants,
consummate a merger or other business combination, purchase of assets or other
strategic transaction (i.e. Merger) with a corporation, partnership, limited
liability company or other business entity (a "Merger Target") desiring the
perceived advantages of becoming a publicly reporting and publicly held
corporation. At this time, we have no binding agreement to enter into a Merger
with any specific business or company. Discussion of management's plan of
operation under this caption and throughout this filing is purposefully general
and is not meant to restrict our virtually unlimited discretion to search for
and enter into potential business opportunities.

         We will not restrict our search to any specific business, industry, or
geographical location, and may participate in business ventures of virtually any
kind or nature. We may seek a Merger with an entity which only recently
commenced operations, or a developing company in need of additional funds to
expand into new products or markets or seeking to develop a new product or
service, or an established business which may be experiencing financial or
operating difficulties and needs additional capital which is perceived to be
easier to raise by a public company. Indeed, our most common merger candidates
are often companies that lack the ability to conduct an IPO, or whose business
industry is not well received by the investment banking community. In some
instances, a Merger may involve entering into a transaction with a corporation
which does not need substantial additional cash but which desires to establish a
public trading market for its common stock. We may purchase assets and establish
wholly-owned subsidiaries in various businesses or purchase existing businesses
as subsidiaries. It is impossible to predict at this time the status of any
business in which we may become engaged.









                                       18
<PAGE>
         Selecting a Merger Target will be complex and involve a high degree of
risk. Because of general economic conditions, rapid technological advances being
made in some industries, and shortages of available capital, management believes
that there are numerous entities seeking the benefits of being a publicly-traded
corporation. Many potential Merger Targets are in industries that have
essentially not presented well in the conventional IPO market, regardless of
their financial success, and suffer from low initial valuations. The perceived
benefits of being a publicly traded corporation may include facilitating or
improving the terms on which additional equity financing may be sought,
providing liquidity (subject to restrictions of applicable statutes and
regulations) for the principals of a business, creating a means for providing
incentive stock options or similar benefits to key employees, providing
liquidity (subject to restrictions of applicable statutes and regulations) for
all stockholders, and other items. Potential Merger Targets may exist in many
different industries and at various stages of development, all of which will
make the task of comparative investigation and analysis of such Merger Targets
extremely difficult and complex.

         We believe we can offer owners of Merger Targets the opportunity to
acquire a controlling ownership interest in a public company at substantially
less cost than is required to conduct an initial public offering. Nevertheless,
we have not conducted any specific market research and we are not aware of
statistical data which would support the perceived benefits of a Merger or
acquisition transaction for the owners of a Merger Target.

         In implementing a structure for a particular business acquisition, we
may become a party to a merger, consolidation, reorganization, joint venture, or
licensing agreement with another corporate entity. We may also seek to acquire
stock or assets of an existing business. On the consummation of a transaction,
it is probable that our present management and stockholders will no longer be in
control of our company; In addition, our directors may, as part of the terms of
the acquisition transaction, resign and be replaced by new directors without a
vote of our stockholders or may sell their stock. Any terms of the sale of the
shares presently held by the officers and/or directors will be also afforded to
all other stockholders on similar term and conditions. Any and all such sales
will only be made in compliance with federal and applicable state securities
laws.

         We anticipate that any securities issued in such any such
reorganization would be issued in reliance upon exemption from registration
under the applicable federal and state securities laws. In some circumstances,
however, as negotiated element of a transaction, we may agree to register all or
a part of such securities immediately after the transaction is consummated or at
specified times thereafter. If such registration occurs, of which there can be
no assurance, it will be undertaken by the surviving entity after we have
successfully consummated a merger or acquisition and we are no longer considered
a "shell" company. Until such time as this occurs, we will not attempt to
register any additional securities. The issuance of substantial additional
securities and their potential sale into the trading market which may develop in
our securities may have a depressive effect on the value of our securities in
the future, if such a market develops, of which there is no assurance.








                                       19
<PAGE>
         While the actual terms of a transaction to which we may be a party
cannot be predicted, it may be expected that the parties to the business
transaction will find it desirable to avoid the creation of a taxable event and
thereby structure the acquisition in a so-called "tax-free" reorganization under
Sections 368(a) (1) or 351 of the Internal Revenue Code. In order to obtain
tax-free treatment, it may be necessary for the owners of the acquired business
to own 80% or more of the voting stock of the surviving entity. In such event,
our stockholders would retain less then 20% of the issued and outstanding shares
of the surviving entity, which would result in significant dilution in the
equity of such holders.

         We will participate in a business opportunity only after the
negotiation and execution of appropriate written agreements, Although the terms
of such agreements cannot be predicted, generally such agreements will require
some specific representations and warranties by all of the parties thereto, will
specify certain events of default, will detail the terms of closing and the
conditions which must be satisfied by each of the parties prior to and after
such closing, will outline the manner of bearing costs, including costs
associated with our attorneys and accountants, will set forth remedies on
default and will include miscellaneous other terms.

         We do not intend to make any loans to any prospective acquisition or
merger candidates or to unaffiliated third parties or to obtain funds in one or
more private placements to finance the operation of any acquired business
opportunity until such time as we have successfully consummated such a Merger,
if ever. We do not intend to provide our stockholders with any complete
disclosure documents, including audited financial statements, concerning an
acquisition or merger candidate and its business prior to the consummation of
any acquisition or merger transaction, so stockholders will be dependent upon
the judgment of current management and our Board of Directors regarding the
fairness of any transaction.

         There can be no assurance that we will find a suitable Merger Target.
If no such Merger Target is found, no return on an investment in our securities
will be realized, and there will not, most likely, be a market for the Company's
stock.


                              RESULTS OF OPERATIONS

                      THREE MONTHS ENDED November 30, 2006
                COMPARED TO THREE MONTHS ENDED November 30, 2005

Revenues
--------

Revenues were $0.00 for the three months ended November 30, 2006, as compared to
$0.00 for the three months ended November 30, 2005

Operating Expenses
------------------

Operating expenses for the three months ended November 30, 2006 were $19,708
compared to $1,155 for the three months ended November 30, 2005. This increase
was primarily attributed to the increase in accounting and auditing fees.

Loss From Operations
--------------------

Loss from operations before interest for the three months ended November 30,
2006 was $19,708 compared to $1,155 for the three months ended November 30,
2005.

                                       20
<PAGE>
Interest Expense
----------------

Interest expense was $0 and $8,004 for the three months ended November 30, 2006
and 2005, respectively. This was primarily attributable to the write off of
outstanding debentures in the first quarter of fiscal 2007.

Net Loss from Discontinued Operations
-------------------------------------

Net loss from discontinued operations was $0 and $21,000 for the three months
ended November 30, 2006 and 2005, respectively.

Net Loss Applicable To Common Stock
-----------------------------------

Net loss applicable to Common Stock was $19,708 for the three months ended
November 30, 2006, compared to $30,159 for the three months ended November 30,
2005. Net loss per common share was $0.26 for the three months ended November
30, 2006 and $0.31 for the three months ended November 30, 2005.

                       SIX MONTHS ENDED November 30, 2006
                 COMPARED TO SIX MONTHS ENDED November 30, 2005

Revenues
--------

Revenues were $0.00 for the six months ended November 30, 2006, as compared to
$0.00 for the six months ended November 30, 2005.

Operating Expenses
------------------

Operating expenses for the six months ended November 30, 2006 were $19,745
compared to $1,191 for the six months ended November 30, 2005. This increase was
primarily attributed to the increase in accounting and auditing fees.

Loss From Operations
--------------------

Loss from operations before interest for the six months ended November 30, 2006
was $19,745 compared to $1,191 for the six months ended November 30, 2005.

Interest Expense
----------------

Interest expense was $0 and $16,008 for the six months ended November 30, 2006
and 2005, respectively. This was primarily attributable to the write off of
outstanding debentures in the first quarter of fiscal 2007.

Net Loss from Discontinued Operations
-------------------------------------

Net loss from discontinued operations was $0 and $21,000 for the six months
ended November 30, 2006 and 2005, respectively.

Other Income
------------

Other income was $629,707 and $0 for the six months ended November 30, 2006 and
2005, respectively. The other income was the result of debt expiration due to
the write off of outstanding debentures payable.

                                       21
<PAGE>
Net Income (Loss) Applicable To Common Stock
--------------------------------------------

Net income applicable to Common Stock was $609,962 for the six months ended
November 30, 2006, compared to net loss of ($38,199) for the six months ended
November 30, 2005. Net loss per common share was ($7.03) for the six months
ended November 30, 2006 and net loss per common share was ($0.39) for the six
months ended November 30, 2005.

                         LIQUIDITY AND CAPITAL RESOURCES

         As of November 30 2006, we had current assets consisting of cash and
cash equivalents in the amount of $687. As of November 30, 2006, we had current
liabilities consisting of loans payable to an insider in the amount of $20,000.

         During the six-month period ended November 30, 2006, we generated cash
from financing activities in the amount of $20,000 consisting of a related
party, compared to using cash in the amount of $68,129 during the six-month
period ended November 30, 2005.

         In connection with the plan to seek new business opportunities and/or
effecting a business combination, we may seek to raise funds from the sale of
restricted stock or debt securities. We have no agreements to issue any debt or
equity securities and cannot predict whether equity or debt financing will
become available at acceptable terms, if at all.

         Our limited resources and lack of recent operating history may make it
difficult to borrow funds or raise capital. Such inability to borrow funds or
raise funds through the issuance of restricted common stock required to effect
or facilitate a business combination may have a material adverse effect on our
financial condition and future prospects, including the ability to complete a
business combination. To the extent that debt financing ultimately proves to be
available, any borrowing will subject us to various risks traditionally
associated with indebtedness, including the risks of interest rate fluctuations
and insufficiency of cash flow to pay principal and interest, including debt of
an acquired business.

RECENT ACCOUNTING PRONOUNCEMENTS

         We continue to assess the effects of recently issued accounting
standards. The impact of all recently adopted and issued accounting standards
has been disclosed in the Notes to the audited Consolidated Financial
Statements.

CRITICAL ACCOUNTING ESTIMATES

         We are a shell company and, as such, do not employ critical accounting
estimates. Should we resume operations, we will employ critical accounting
estimates and will make any disclosures that are necessary and appropriate.

                                  RISK FACTORS

IN ADDITION TO OTHER INFORMATION IN THIS REPORT, YOU SHOULD CONSIDER THE
FOLLOWING RISK FACTORS CAREFULLY. THESE RISKS MAY IMPAIR OUR OPERATING RESULTS
AND BUSINESS PROSPECTS AS WELL AS THE MARKET PRICE OF OUR COMMON STOCK.

           RISKS RELATED TO OUR FINANCIAL CONDITION AND BUSINESS MODEL

                     OUR LIQUIDITY IS LIMITED AND WE MAY NOT
             BE ABLE TO OBTAIN SUFFICIENT FUNDS TO FUND OUR BUSINESS

                                       22
<PAGE>
         Our cash is currently very limited and may not be sufficient to fund
future operations. Although future operations are limited, we will incur
expenses in maintaining our filing requirements in accordance with the
Securities Exchange Act of 1934. If we are unable to raise additional capital,
any future operations could be impeded. If we obtain additional funding, the
issuance of additional capital stock may be dilutive to our stockholders.

                         WE CURRENTLY HAVE NO OPERATIONS

         We have not had operations since March 20, 2002.

                       IT MAY BE DIFFICULT TO CONSUMMATE A
                   MERGER OR ACQUISITION WITH A PRIVATE ENTITY

         Our purpose will include locating and consummating a merger or
acquisition with a private entity. We anticipate the selection of a business
opportunity in which to participate will be complex and extremely risky. We
have, and will continue to have, little or no capital with which to provide the
owners of business opportunities with any significant cash or other assets.
However, we will be able to offer owners of acquisition candidates the
opportunity to acquire a controlling ownership interest in a publicly registered
company without incurring the cost and time required to conduct an initial
public offering. Such an acquisition candidate will, however, incur significant
legal and accounting costs in connection with an acquisition of the Company,
including the costs of preparing current and periodic reports, various
agreements and other documents.

                                   OTHER RISKS

OUR STOCK PRICE HAS DECLINED AND THE STOCK IS THINLY TRADED

         The trading price of our common stock has declined significantly since
approximately October 2001. Although the stock price recovered for a short
period of time after the June, 2005 reverse split, and again after the January,
2006 reverse split, it has since declined again. The market for our common stock
is without significant volume and there can be no assurance of a change in the
immediate future.

PENNY STOCK REGULATIONS AND REQUIREMENTS FOR LOW PRICED STOCK

         The SEC adopted regulations which generally define a "penny stock" to
be any non-Nasdaq equity security that has a market price of less than $5.00 per
share, subject to certain exceptions. Based upon the price of our common stock
as currently traded on the OTC Bulletin Board, we are subject to Rule 15g-9
under the Exchange Act which imposes additional sales practice requirements on
broker-dealers which sell securities to persons other than established customers
and "accredited investors." For transactions covered by this rule, a
broker-dealer must make a special suitability determination for the purchaser
and have received a purchaser's written consent to the transaction prior to
sale. Consequently, this rule may have a negative effect on the ability of
stockholders to sell our common shares in the secondary market.








                                       23
<PAGE>
ADDITIONAL DEBT, CONVERTIBLE DEBT, OR EQUITY FINANCING MAY EFFECT ABILITY OF
INVESTORS TO SELL COMMON STOCK

         Our common stock currently trades on the OTC Bulletin Board. Stocks
trading on the OTC Bulletin Board generally attract a smaller number of market
makers and a less active public market and may be subject to significant
volatility. If we raise additional capital from the sale of common stock, the
market price could drop and the ability of investors to sell our common stock
could be diminished.

ITEM 2.  DESCRIPTION OF PROPERTY

            Our principal executive offices are located at One NE First Avenue,
Suite 306, Ocala, Florida 34470. We do not have a lease but rather shares office
space with our officers and directors and we pay no rent for the leased space.
We do not own any properties nor does we lease any other properties. We do not
believe we will need to maintain an office at any time in the foreseeable future
in order to carry out our plan of operations.

ITEM 3.  CONTROLS AND PROCEDURES

EVALUATION OF DISCLOSURE CONTROLS AND PROCEDURES

         Our Chief Executive Officer and Chief Financial Officer, Christopher
Astrom, has reviewed and evaluated the effectiveness of our disclosure controls
and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) as of
the end of the period covered by this quarterly report on Form 10-QSB. Based on
that evaluation, Christopher Astrom determined that he and Richard Astrom, our
only two directors and officers, are the only individuals involved in our
disclosure process. We have no specific procedures in place for processing and
assembling information to be disclosed in our periodic reports. Our system is
designed so that information is retained by us and relayed to counsel as it
becomes available. We currently operate as a shell corporation because we have
no revenue, significant assets or independent operations and plan to establish
more reliable disclosure controls and procedures before merging or entering into
any other business combination with another company. Our Chief Executive Officer
and Chief Financial Officer believe that, as of the end of the period covered by
this report, our disclosure controls and procedures are effective to ensure that
information required to be disclosed by us in the reports that it filed or
submits under the Exchange Act is recorded, processed, summarized and reported,
within the required time periods. Further, we believe that, given its size, an
extensive disclosure controls and procedures system is not necessary.

Changes in Internal Control Over Financial Reporting

         No significant changes in our internal control over financial reporting
have come to management's attention during the our previous fiscal quarter that
have materially affected, or are likely to materially affect, our internal
control over financial reporting.










                                       24
<PAGE>
                                     PART II
                                OTHER INFORMATION

ITEM 1.  LEGAL PROCEEDINGS

         We are not a party to any pending legal proceedings nor is any of our
property the subject of any pending legal proceedings.

         At about the time we discontinued business operations in 1993, we
experienced adverse litigation, and judgments were rendered against us. In
official records of Broward and Palm Beach counties in the State of Florida, the
persons holding judgments did not recertify or re-file their judgments within
the time limits as required by Florida statutes. We are not able to determine
whether the above would have a material impact on our condensed consolidated
financial statements.

ITEM 2.  UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS.

         None

ITEM 3.  DEFAULTS UPON SENIOR SECURITIES


ITEM 4.  SUBMISSION OF MATTERS TO A VOTE OF SECURITIES HOLDERS

         We did not submit any matters to a vote of our stockholders, through
the solicitation of proxies or otherwise, during the second quarter of fiscal
2007.

ITEM 5.  OTHER INFORMATION

GOING CONCERN

         We have incurred recurring operating losses and do not have any revenue
generating activities. These conditions raise substantial doubt about our
ability to continue as a going concern. If at any time we determine that we do
not have sufficient cash in order to execute the foregoing strategy, then we
intends to seek additional equity or other funding, if practicable. However,
there can be no assurance that we will be able to raise additional funding
necessary to operate.

ITEM 6.  EXHIBITS

EXHIBIT
NUMBER        DESCRIPTION
-------    ------------------------------------------------------

31.1          Certification of Principal Executive Officer pursuant to
              Sarbanes-Oxley Section 302

31.2          Certification of Principal Financial Officer pursuant to
              Sarbanes-Oxley Section 302

32.1          Certification of Chief Executive Officer pursuant to
              Sarbanes-Oxley Section 906

32.2          Certification of Chief Financial Officer pursuant to
              Sarbanes-Oxley Section 906

                                       25
<PAGE>
                                   SIGNATURES

         In accordance with Section 13 or 15(d) 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.

                 CAPITAL SOLUTIONS I, INC.

                 /s/ CHRISTOPHER ASTROM
                 -------------------------
                 By:  Christopher Astrom
                 CHIEF EXECUTIVE OFFICER
                 CHIEF FINANCIAL OFFICER
                 Date: January 22, 2007

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

                 /s/ CHRISTOPHER ASTROM
                 By:  Christopher Astrom
                 Director
                 Date:  January 22, 2007


                  /s/ RICHARD ASTROM
                  -------------------------
                  By:  Richard Astrom
                  Director
                  Date:  January 22, 2007













                                       26