UNITED STATES
 SECURITIES AND EXCHANGE COMMISSION
 Washington, D. C. 20549
 
 FORM 10-QSB
 
 T
					
					QUARTERLY REPORT PURSUANT TO SECTION
					  13 OR
					  15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For
						the period ended September 30, 2007*
					
					TRANSITION REPORT UNDER SECTION 13 OR
					  15(d)
					  OF THE SECURITIES EXCHANGE Act of 1934For
						the transition period from ___ to
						___.
 
 For
        the
        transition period from ___ to ___.
 Commission
        file number: 001-31261
 AMANASU TECHNOLOGIES CORPORATION
 (Name of small business issuer as specified in its charter)
 
 NEVADA

			
			98-0351508(State
			  or other jurisdiction of incorporation)
			
			(IRS
			  EmployerIdentification
			  No.)
 
 115 East 57th Street, 11th Floor New York, NY 10022
 
 (Address of principal executive offices)
 
 646-274-1274
 
 (Issuer's telephone number)
 
 (Former name , former address and former fiscal year, if changed since last report)
 
 Check whether issuer (1) filed all reports to be filed by Section 13 or 15(d) of
			the Exchange Act during the past 12 months (or 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  O
 
 APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS DURING THE PRECEDING
			FIVE YEARS
 
 Check whether the registrant filed all documents and reports required to be filed by
			  Section 12, 13, or 15(d) of the Exchange Act after the distribution of under a plan confirmed by a court.
			  Yes  O  No  O  N/A  X
 
 APPLICABLE ONLY TO CORPORATE ISSUERS
 
 State the number of shares outstanding of each of the issuer's classes of common equity,
			as of the latest practicable date: 46,506,300 as of September 30, 2007.
 
 Transitional Small Business Disclosure Format: Yes
				O  No  X
  
  
  AMANASU
        TECHNOLOGIES CORPORATION
 QUARTERLY
        REPORT ON FORM 10QSB
 FOR
        THE
        THREE MONTHS ENDED September 30, 2007
 TABLE
        OF
        CONTENTS
 
 **PART1-FINANCIAL
                  INFORMATION**Item
                  1:
              FINANTIAL
                  STATEMENTS:Balance
                  Sheets as of September  30, 2007 (unaudited) and December 31, 2006
                  (audited)
              4Statement
                  of Operations and Deficit Accumulated for the nine months ended
                  September 30, 2007 and 2006 (unaudited)
              5Statement
                  of Operations and Deficit Accumulated for the three months ended
                  September 30, 2007 and 2006 (unaudited)
              6Statement
                  of Cash Flows for the quarters ended September 30, 2007 and
                  2006
                  (unaudited)
              7Notes
                to Financial Statements (unaudited)
              8Item
                  2:
              MANAGEMENT’S
                  DISCUSSION AND OR PLAN OF OPERAITON
              9Item
                  3:
              EFFECTIVENESS
                  OF THE REGISTRANT’S DICLOSURE CONTROLS AND PROCEDURES
              12**PART2-OTHER
                  INFORMATION**Item
                  1:
              LEGAL
                  PROCEEDINGS
              13Item
                  2:
              CHANGES
                  IN SECURITIES
              13Item
                  3:
              DEFAULTS
                  UPON SENIOR SECURITIES
              13Item
                  4:
              SUBMISSION
                  OF MATTERS TO VOTE OF SECURITY HOLDERS
              13Item
                  5:
              OTHER
                  INOFRMATION
              13Item
                  6:
              EXHIBITS
                  AND REPORTS ON FORM 8-K
              13SIGNATURES
              
              14
  2
 Table
            of Contents
 
 **PART1-FINANCIAL
        INFORMATION**
 ITEM
                1.
              FINANCIAL
                  STATEMENTS
 
 GENERAL
 
 The Company's unaudited financial statements for the three months ended September 30, 2007 are included with this Form 10-QSB.
			The unaudited financial statements have been prepared in accordance with the instructions to Form 10-QSB and, therefore,
			do not include all information and footnotes necessary for a complete presentation of financial position, results of
			operations, and cash flows in conformity with generally accepted accounting principles. In the opinion of management,
			all adjustments considered necessary for a fair presentation of the results of operations and financial position have
			been included and all such adjustments are of a normal recurring nature. Operating results for the three months ended
			September 30, 2007 are not necessarily indicative of the results that can be expected for the fiscal year ending
			December 31, 2007.
  3
 Table
            of Contents
  **AMANASU
        TECHNOLOGIES CORPORATION**
 **(A
        Development Stage Company)**
 **BALANCE
        SHEETS**
 
 
 September 30,
                2007
                (Unaudited)
              
              December 31,
                2006
                (Audited)ASSETSCurrent
                  Assets:Cash
              
              $
              273
              
              $
              1,357Total
                  current assets
              
              
              -
              
              
              1,357Fixed
                  Assets:Automobile
              
              
              1,500
              
              
              1,500Less
                  accumulated depreciation
              
              
              1,464
              
              
              1,356Net
                  fixed assets
              
              
              36
              
              
              144Total
                  Assets
              
              $
              309
              
              $
              1,501LIABILITIES
                  AND STOCKHOLDERS’ DEFICITCurrent
                  Liabilities:Accounts Payable
              
              $
              211
              
              $
              -Accrued Expenses
              
              
              2,415
              
              
              2,415Rent Payable
              
              
              3,750
              
              
              3,750Advances from Shareholders
              
              
              130,400
              
              
              120,000Other Advances
              
              
              99,900
              
              
              99,900Total current liabilities
              
              
              236,676
              
              
              226,065Stockholders’
                  Deficit:Common
                  Stock: authorized 100,000,000 shares of$.001
                  par value; 46,676,400 shares issued and outstanding
              
              
              46,506
              
              
              46,506Additional
                  paid-in capital
              
              
              490,894
              
              
              490,894Deficit
                  accumulated during development stage
              
              
              (773,767)
              
              
              (761,964)Total
                  stockholders’ deficit
              
              
              (236,367)
              
              
              (224,564)Total
                  Liabilities and Stockholders’ Deficit
              
              $
              309
              
              $
              1,501
  The
        accompanying notes are an integral part of these financial
        statements.
  4
 Table
            of Contents
 
 **AMANASU
        TECHNOLOGIES CORPORATION**
 **(A
        Development Stage Company)**
 **STATEMENTS
        OF OPERATIONS AND DEFICIT**
 **ACCUMULATED
        DURING DEVELOPMENT STAGE**
 **(Unaudited)**
 
 
 Nine Months Periods Ended September 30,
              
              December
                  1, 1997
                (Date
                  of Inception)
                To
                  September 30,2007
              
              2006
              
              2007Revenue
              
              $
              -
              
              $
              -
              
              $
              91,912Expenses
              
              
              11,803
              
              
              32,630
              
              
              765,605Impairment Charge - write down of licensing agreement
			              
			              
			              -
			              
			              
			              -
			              
			              
			              103,528Operating
                  loss
              
              
              (11,803
              )
              
              (32,630
              )
              
              (777,221
              )Other
                  Income - Interest
              
              
              -
              
              
              32
              
              
              3,454Loss
                  accumulated during development stage
              
              
              $
                  (11,803
              )
              
              $
                  (32,598
              )
              
              $
                  (773,767
              )Loss
                  Per Share -Basic
                  and Diluted
              
              $
              -
              
              $
              -Average
                  sharesoutstanding
              
              
              46,676,400
              
              
              46,676,400
 
 These
        accompanying notes are an integral part of these financial
        statements
  5
 Table
            of Contents
 
 **AMANASU
        TECHNOLOGIES CORPORATION**
 **(A
        Development Stage Company)**
 **STATEMENTS
        OF OPERATIONS AND DEFICIT**
 **ACCUMULATED
        DURING DEVELOPMENT STAGE**
 **(Unaudited)**
 
 
 Three Months Periods Ended September 30,
              
              December
                  1, 1997
                (Date
                  of Inception)
                To
                  September 30,2007
              
              2006
              
              2007Revenue
              
              $
              -
              
              $
              -
              
              $
              91,912Expenses
              
              
              163
              
              
              2,633
              
              
              765,605Impairment Charge - write down of licensing agreement
			              
			              
			              -
			              
			              
			              -
			              
			              
			              103,528Operating
                  loss
              
              
              (163
              )
              
              (2,633
              )
              
              (777,221
              )Other
                  Income - Interest
              
              
              -
              
              
              -
              
              
              3,454Loss
                  accumulated during development stage
              
              
              $
                  (163
              )
              
              $
                  (2,633
              )
              
              $
                  (773,767
              )Loss
                  Per Share -Basic
                  and Diluted
              
              $
              -
              
              $
              -Average
                  sharesoutstanding
              
              
              46,676,400
              
              
              46,676,400
 
 These
        accompanying notes are an integral part of these financial
        statements
  6
 Table
            of Contents
 
 **AMANASU
        TECHNOLOGIES CORPORATION**
 **(A
        Development Stage Company)**
 **STATEMENTS
        OF CASH FLOWS**
 **(Unaudited)**
 
 Quarters Ended
                September 30,
              
              December
                  1, 1997
                (Date
                  of Inception)2007
              
              2006
              
              To
                  September 30, 2007**CASH
                  FLOWS FROM OPERATIONS:**Net
                  loss
              
              $
              (11,803
              )
              $
              (32,598
              )
              $
              (773,767
              )Charges
                  not requiring the outlay of cash:Depreciation
                  and amortization
              
              
              108
              
              
              7,182
              
              
              57,936Impairment of Licensing Agreement
			              
			              
			              -
			              
			              
			              -
			              
			              
			              21,300Common stock issued for services
              
              
              -
              
              
              -
              
              
              103,528Changes
                  in assets and liabilities:Increase (Decrease)
                   in accrued liabilities
              
              
              -
              
              
              (2,100)
              
              
              6,165Increase in accounts payables
              
              
              211
              
              
              -
              
              
              211**Net
                  Cash Consumed By****Operating
                  Activities**
              
              
              (11,484)
              
              
              (27,516)
              
              
              (584,627)**CASH
                  FLOWS FROM INVESTING****ACTIVITIES:**Purchase
                  of automobile
              
              
              **-**
              
              
              **-**
              
              
              (1,500
              )Payment
                  of amount due for licensing agreement
              
              
              -
              
              
              -
              
              
              (160,000
              )**Net
                  Cash Consumed By****Investing
                  Activities**
              
              
              -
              
              
              -
              
              
              (161,500
              )**CASH
                  FLOWS FROM FINANCING****ACTIVITIES:**Advance received
              
              
              -
              
              
              -
              
              
              99,900Issuances of common stock
              
              
              -
              
              
              -
              
              
              446,100Shareholder deposits for common stock
              
              
              -
              
              
              -
              
              
              70,000Shareholder
                  advance
              
              
              10,400
              
              
              120,000
              
              
              210,400Repayment of shareholder advances
              
              
              -
              
              
              -
              
              
              (80,000)Advances from affiliate
              
              
              -
              
              
              100,000
              
              
              200,000Repayment of advances from affiliate
              
              
              
              
              
              (200,000)
              
              
              (200,000)**Net
                  Cash Provided By****Financing
                  Activities**
              
              
              10,400
              
              
              20,000
              
              
              746,400Net
                  Change In Cash
              
              
              (1,084
              )
              
              **(**7,516
              )
              
              273Cash
                  balance, beginning of period
              
              
              1,357
              
              
              7,693
              
              
              -Cash
                  balance, end of period
              
              $
              273
              
              $
              177
              
              $
              273
  These
        accompanying notes are an integral part of these financial
        statements
  7
 Table
            of Contents
 
 **AMANASU
        TECHNOLOGIES CORPORATION**
 **(A
        Development Stage Company)**
 **NOTES
        TO FINANCIAL STATEMENTS**
 **September 30, 2007**
 **(Unaudited)**
  
 **1.**
              **BASIS
                  OF PRESENTATION**
 
 The unaudited interim financial statements of Amanasu Technologies Corporation ("the Company") as of September 30, 2007 and for the three and nine month periods ended September 30, 2007 and 2006, have been prepared in accordance with accounting principles generally accepted in the United States of America.  In the opinion of management, such information contains all adjustments, consisting only of normal recurring adjustments, necessary for a fair presentation of the results of such periods.  The results of operations for the three and the nine month periods ended September 30, 2007 are not necessarily indicative of the results to be expected for the full fiscal year ending December 31, 2007.

			Certain information and disclosures normally included in the notes to financial statements have been condensed or omitted as permitted by the rules and regulations of the Securities and Exchange Commission, although the Company believes the disclosure is adequate to make the information presented not misleading.  The accompanying unaudited financial statements should be read in conjunction with the financial statements of the Company for the year ended December 31, 2006.
  **2.**
              **GOING CONCERN UNCERTAINTY**
 
 The accompanying financial statements have been prepared assuming that the Company will continue as a going concern.  As shown in the financial statements, the Company had a material working capital deficiency and an accumulated deficit at September 30, 2007, and a record of continuing losses.  These factors raise substantial doubt about the ability of the Company to continue as a going concern.  The financial statements do not include adjustments relating to the recoverability of assets and classification of liabilities that might be necessary should the Company be unable to continue in operation.
 
 The Company's present plans, the realization of which cannot be assured, to overcome these difficulties include but are not limited to the continuing effort to investigate business acquisitions and joint ventures.
  8
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            of Contents




ITEM
        2.   MANAGEMENT'S DISCUSSION AND OR
        PLAN OF OPERATION





Cautionary
        Statement





SAFE
        HARBOR





This Form 10QSB contains  "forward-looking statements" within the meaning
      		of Section 27A of the Securities Act of 1933, as amended, and Section 21E
      		the Securities Exchange Act of 1934, as amended and such forward-looking
      		statements are made pursuant to the safe harbor provisions of the Private
      		Securities Litigation Reform Act of 1995.  "Forward-looking statements"
      		describe future expectations, plans, results, or strategies and are generally
      		preceded by words such as  "may,"  "future," "plan" or "planned," "will" or
      		"should," "expected," "anticipates," "draft," "eventually" or "projected."
      		You are cautioned that such statements are subject to a multitude of risks
      		and uncertainties that could cause future circumstances, events, or results
      		to differ materially from those projected in the forward-looking statements,
      		including the risks that actual results may differ materially from those
      		projected in the forward-looking statements as a result of various factors
      		, and other risks identified in a companies' annual report on Form 10-KSB
      		and other filings made by such company with the United States Securities
      		and Exchange Commission. You should consider these factors in evaluating
      		the forward-looking statements included herein, and not place undue reliance
      		on such statements.





The following discussion should be read in conjunction with the Company's
      		Financial Statements, including the Notes thereto, appearing elsewhere in
      		this Quarterly Report and in the Annual Report for the year ended December 31, 2006.






COMPANY
	          OVERVIEW





Amanasu Technology is currently in its development stage and significant risks exist with
					respect to its business. It acquired the exclusive, worldwide
					rights to a high efficiency electric motor and a high-powered magnet both
					of which are used in conjunction with an electrical motor scooter.





The market place for electric scooters has become intensely competitive, thus offering
	  			rapid battery recharge time and more economical sale prices are prerequisites to compete successfully.
	  			To meet the economical sale price requirement the Company plan to conducted their manufacturing in China
	  			to reduce cost, and hoped it would meet the Company's expectations;  however, significant difficulty with
	  			protecting the Company's proprietary technology unwillingly emerged. In addition to proprietary issues,
	  			there were major concerns in secure customer service follow-ups (i.e. product warranty, maintenance, etc).
	  			The Company realized that with minimal control of the manufacturing standards in China, the result of safety
	  			related incidents, if not managed appropriately, would be an overwhelming liability for the Company.
	  			To solve the two major issues, the Company decided to initiate a
	  			cooperative with a company that already produces completed electric
	  			scooters in a successful marketing condition.
	  			Evader Motersports, Inc. ("Evader"), an electric motorcycle producer, entered
	  			into an International Distributor Agreement, whereby the Company is
	  			appointed as an exclusive distributor of Evader products. Evader,in turn, would manage customer-service concerns.
	  			The Company was granted the exclusive rights for the motorcycle retail industry in
	  			Japan, with the right to include other marketing channels provided that it was agreed upon by both parties.
	  			The Company also considered Evader as a prospective company to share
	  			its technology with to create improved and more advanced electric
	  			scooters. The Company believed that with a combined effort using both companies' resources and technology,
	  			the resulting product would make a stronger impact to the market.

				Further marketing research was carried out comparing current electric scooters on the market and Evader's scooters.
				The reserach concluded that further refinement in serveral areas were required. First the retail price of the Evader scooters was
				too high to be competitive in the Japanese market. The reserach also found that a new company recently began
				importing electric scooters from China to Japan directly. The quality of their product is unclear; however,
				the retail price of the new company's product effectively competes in the Japanese market. The refinements
				needed to make the Evader scooters competitive economically would take too much time, thus the Company
				has decided to discontinue business relations with Evader, and put the electric scooter project on hold
				until the Company is able to attain more resources.

				In place of the elctric scooter, other projects including a cooperative with Seems Inc., formerly Pixen and their breakthrough
				"Bio-scent technology" are in development. Seems Inc. is a Pioneer in the newly developed bio-scent technology
				industry. Bio-scent technology involves the application of  "scent data transmission", a digitised form
				of scents, in various industries such as biotechnology, medical care, environment, security, etc in addition
				to common aroma therapy. Due to its revolutionary technologies, Seems has been able to become a multi-million
				dollar company in less than 6 years and was expected to become public by the end of 2006.
				There has been a delay in the transition and Seems expects to go public in early 2008
				Its DAA (Defensive Aromatic Air) is its current flagship product. In addition to
				being an air purifying system, Seems's DAA effectively removes up to 91% of air pollutants such as ammonia,
				and by products of cigarette smoke. It also provides odour neutralization
				, and air-borne anti-bacterial effects. Seems has also developed a scent-particle sensor, which is programable
				to detect certain scent particles. This sensor is 1000 times more sensitive than even a dogs sense of smell.
				This scent detection system can be applied in fields such cancer detection. All diseases carry a scent profile
				that is undetectable by the human senses. Seems's sensor is able to detect these scent profiles and display
				the digitised scent data. Amanasu Technology and Seems, are in discussions to Pioneer the
				"Bio-scent technology" industry in North America,  in early 2008 with Seems investing into Amanasu Technology
				. Amanasu Technology plans to be involved in sales and marketing of Seems's products.

                With uncertainty in the amount of time taken to obtain approval from the FDA for various technologies by Seems Inc,
                the Company has decided to begin a new project in the Food/Beverage industry, specifically Franchise management under
                the new leadership of Yukinori Yoshino, who was appointed President of the Company as of October 16th, 2007.

                Mr. Yoshino's has extensive experience in restaurant chain management, developing Baltic Systems from the ground up to
                a successful multi-million dollar corporation nearing its public debut. Mr. Yoshino has also been in charge of Wayochu Gasshukoku Corporation,
                a restaurant chain management company in Japan managing 19 different food chains nationally. Mr. Yoshino will be taking his expertise in the
                food chain industry and bring the Company into the same industry utilising its global business networks. Mr. Yoshino will be concentrating
                on expansion to China, with various different chains including the following: Japanese Tapas restaurants, and Japanese curry restaurant chains.

                The chairman Mr. Maki and President Mr. Yoshino goal for the next 2 years is to enter into the NASDAQ global market.


9
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            of Contents





PRODUCT


Electric Motor Scooter (Amanasu Technology)





The Company's principal product will be a lightweight motor scooter that features the Company's proprietary
			electric motor. The one passenger scooter also will feature a stepless transmission, an electromotive brake,
			and is expected to weigh 107 kg.  The Company will use an otherwise standard leaded battery. Due to the
			unique features of the licensed technologies, the scooter is expected to deliver improved operational
			efficiencies over competitive products. On December 26, 2001, Sanwa Electronics Co., Inc. performed two
			independent tests on one of the Company's scooters. The test results indicated that the motor scooter can
			travel 65 to 85 km on a full battery charge, at an average running speed of 30 km/hour.  The battery charge
			time to travel these distances approximated 2 hours. Sanwa Electronics conducted the tests on a relatively
			flat road grade with limited traffic density. These results contrast with Honda's electric scooter (Year
			2001-Model #A-AF36).  According to product literature published by Honda, the scooter travels approximately
			60 km at 30 km/hour, and a full recharge requires approximately 8 hours. Conditions, such as road grade and
			travel density, regarding its scooter were not contained in the Honda information.





Gas powered scooters while generally an inexpensive mode of transportation,
			typically are powered by two-stroke engines fueled by an oil and gasoline mixture.
			These engines are small with compressed power, and therefore ideally suited for
			scooter use. However, clouds of oily smoke trailing out of the engine, which
			evidences its major disadvantages, commonly identify two-stroke engines.
			Two-stroke engines use fuel inefficiently and, more importantly, have high
			pollution emissions.  They generate pollution from two sources; the combustion
			of oil in the fuel, and the leaking of fuel through the exhaust port during
			engine use. In promoting its product to its targeted markets, the Company
			will seek to capitalize on its strong operational efficiencies of the technology
			compared with other electric scooters, while championing its product's environmental
			advantages to gas powered versions.


The Company first intentions was to participate in the emerging electric vehicle market
	        		by using its licensed technologies to design, manufacture, and market lightweight,
	        		electric motor scooters. The Company planned to provide its own battery charging
	        		technology to Evader Motorcycle, Inc. to develop an improved electric scooter aiming
	        		at the Japan and Southeast Asian markets; however, with
	        		recently marketing research, the Evader product was not able to meet the Company's pricing standards.
	        		The Company's electric scooter project will be on hold until more customer-service related resources
	        		can be attained.


Defensive Aromatic Air (Seems)


Seems' proprietary DAA professional aroma system is Seems' current flagship product. The ADD realeases
					fragrant aromas from a fragrance cartridge of which a variety of scents are available. The
					noiseless system is fully automated, controlling the surrounding environments aroma
					concentration levels to ensure that the scent will not become excessive. The primary difference
					between conventional air purifiers and Seems' DAA, is  conventional air purifiers filter air, however,
					release back harmful air pollutants that were present in the air to being with. Seems' DAA along
					with Searoma cartridge, gives it the not only the ability to act as an air purifier, but also
					an effective odour-neurtralizer, and air-borne anti-bacterial elimination system. Currently,
					the DAA is being used in Clinics, car dealerships, restaurants, etc in Japan. The main unit dimensions are
					890 mm x 180 mm and weighs 7.4 kg (w/ cartridge ~ 8.4 kg)


Scent-Sensor (Seems)


Canines have scent sensory perception one hundred million times greater than that of a human being.
					Research in Japan was recently carried out using a specially trained dog. This dog was able to detect
					cancerous scents from breath samples taken from cancer patients. This type of scent sensory research,
					is what has lead to Seems' proprietary scent-sensor technology. Up till now, scent-sensors technology use
					has been limited to technologies such as the breathalizer. Pixen's scent-sensory on the other hand is able to detect
					various scent profiles at a sensitivity one thousand times greater than that of canines. The scent sensor
					detects scent particles and translates it into digitised data to be displayed. This type of sensor is able
					to detect pathenogenic scent profiles, which can be applied in various ways in the medical field, such as
					detection of diabetic ketosis, smallpox, and even early onset of cancer.






PLAN
        OF
        OPERATION





The Company is a development stage corporation.
      It has not commenced its planned operations of
      manufacturing and marketing a lightweight electrical motor scooter.
      Its operations to date have been limited to conducting various tests on its technologies.


10
 Table
            of Contents





Since an unsuccessful partnership with Evader, the Company has returned back to its
          electric scooter with its patented short battery charge time. The Company has decided
          to continue research and development in order to further improve and refine the electric scooter's battery
          and also to lower the electric scooters price. The Company believes that efficient battery operation,
          and low sale price, are key to a commercially viable product. 

          The project with Seems Inc has not bee moving as scheduled. Seems has delayed in becoming public due to
          stringent analysis of its company and expects to become public in early 2008. Since pre-market approval is required by the FDA,
          launching Seems' products will take 8-12 months, providing the FDA grants approval. Pixen under went a name change and is now known as Seems Inc.
        Seems Inc. will retain the name Pixen as a brand name for its products. The project with Seems has hit two barriers. Seems has collected
        sufficient funds and attained the requirements to become public in Japan; however, the company analysis has taken longer than expected and
        Seems has been informed that it may take another 6-12 months before it can be listed. Secondly, the United States does not recognize
        Japanese health certifications, and Seems' products must be reapproved by the FDA. Amanasu Technologies as taken the initial steps and
        received the MDUFMA Small Business Qualification in order to reduce cost for pre-market approval, and is currently collecting product
        data and translating it into english to submit its first PMA. The cost of this project is taken into account in the estimated expenditures
        for the 2007 fiscal year ending December 31, 2007. The approval of the DAA is believed to take no more than 8-12 months; however,
        the scent scenor is believed to be a FDA Class 3 medical device, which may take longer. With uncertainty in the time taken for an FDA approval the Company has decided to enter into the restaurant chain management industry,
                under the new leadership of President Yukinori Yoshino. The Chairman Mr. Maki and President Mr. Yoshino have set an ambitious goal
                to enter into the NASDAQ Global Market in two years time. The focus for the remaining time in the fiscal year ending December 31, 2007 will be for Mr. Yoshino,
                to utilise the Company's global networks to establish Curry restaurants, fine dining restaurants, and Japanese Tapas restaurants in China.





Other than the provision for alternating business planning costs discussed
      		above, the Company's cash requirements for the next 12 months are estimated
      		to be $145,000. This amount is comprised of the following estimate expenditures;
      		$100,000 in annual salaries for office personnel, office expenses and travel,
      		$10,000 for rent, $20,000 for professional fees, and $15,000 for miscellaneous
      		expenses.


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As stated above, the Company  can not  predict  whether  or  not  it will
			be successful in its capital raising  efforts,  and,  thus,  be able to
			satisfy its cash requirements for the next 6 months. If the Company is
			unsuccessful in raising at least $145,000, it may not be able to complete
			its plan of operations as discussed above.








MANAGEMENT'S
        DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF
        OPERATIONS





The Company did not generate any revenues for the three months ended September 30,
			2007 or for the same period in 2006 and interest earned on bank deposits
			in 2006 period was $32.





Total expenses for the three months period ended September 30, 2007 was $163
			compared to $2,633 for the same period of 2006. The decrease is due to the ambiguity in
			timing incoming invoices, aswell as the transfer of the Amanasu Group website management, along with its cost to Amanasu Environment Corporation.

			Total expenses for the nine months period ended September 30, 2007 was $11,803,compared to $32,630 for the same period of 2006.
			The decrease is due to the company's efforts to lower cost until Seems  products are approved by the FDA .
			Consulting Fees to Lina Lei Consulting were present in the nine month period ending September 30, 2006, however, not in the same period in 2007. The company current has reduced its cost to maintance levels.








LIQUIDITY
        AND CAPITAL RESOURCES





In the nine months ended September 30, 2007 cash used in operating activites was $11,484, compared to $27,516 for the same period in 2006.
		    The decrease is due to the company's efforts to lower cost until Seems'  products are approved by the FDA, as well as the the lack of consulting fees paid to Lina Lei Consulting in the nine month period ending September 30, 2007.
		    The company currently has reduced its cost to basic levels.





Total assets as of September 30, 2007 were $309 representing a decrease of
			$1,192 from total assets of $1,501 as of December 31, 2006. This decrease is due to consumption of cash for operating activities





The Company intends to raise additional funds in the near future through
			private placements of its common stock.  The proceeds from such private
			placements will be allocated for administrative salaries, office expenses
			and travel, product development and testing, and product promotion.








OFF-BALANCE
        SHEET ARRANGEMENTS





The
        Company has no off-balance sheet arrangements.







Item
        3:      
EFFECTIVENESS OF THE REGISTRANT’S DICLOSURE CONTROLS AND PROCEDURES


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EVALUATION
        OF DISCLOSURE CONTROLS AND PROCEDURES





The Company carried out an evaluation of the effectiveness of the Company's
			disclosure controls and procedures  (as defined by Rule 13a-15(e) under the
			Securities Exchange Act of 1934) under the supervision and with the participation
			of the Company's Chief Executive Officer and Chief Financial Officer as of
			a date within 90 days of the filings date of Form 10QSB.  Based on and as of
			the date of such evaluation, the aforementioned officers have concluded that
			the Company's disclosure controls and procedures have functioned effectively
			so as to provide information necessary whether:





(i)
              this  quarterly  report  on  Form  10  QSB  contains  any  untrue statement
						of  a  material  fact  or  omits  to  state  a  material  fact necessary
						to  make  the  statements  made,  in  light  of  the  circumstances under
						which  such  statements  were  made,  not  misleading  with  respect  to the
						period  covered  by  this  quarterly  report  on  Form  10  QSB,  and (ii) the
						financial  statements,  and  other  financial  information  included  in this
						quarterly  report  on  Form  10  QSB,  fairly  present  in  all  material respects
						the  financial  condition,  results  of  operations  and  cash  flows of  the
						Company  as  of,  and  for,  the  periods  presented  in  this quarterly  report
						on  Form  10  QSB.








CHANGES
        IN INTERNAL CONTROLS





There have been no significant changes in the Company's internal controls
			or in other factors since the date of the Chief Executive Officer's, Chief
			Financial Officer's and Chief Accounting Officer's evaluation that could
			significantly affect these internal controls, including any corrective
			actions with regards to significant deficiencies and material weaknesses.








**Part
        II OTHER INFORMATION**





Item
        1. LEGAL PROCEEDINGS


On February 10, 2006, a law suit was commenced in which the Company, an affiliated company,
    		and an officer of the Company were named as defendants. During the course of that law suit,
    		$652,409 of Company funds was frozen by court order. The lawsuit was subsequently settled on
    		March 27, 2007.





Item
        2. CHANGES IN SECURITIES


None





Item
        3. DEFAULTS UPON SENIOR SECURITIES


None





Item
        4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY
        HOLDERS


None





Item
        5. OTHER INFORMATION


None





Item
        6. EXHIBITS


(a).
        Furnish the Exhibits required by Item 601 of Regulation S-B.





Exhibit
        31 - Certification Pursuant To Section 302 Of The Sarbanes-Oxley Act Of
        2002.





Exhibit
        32 - Certification Pursuant To Section 906 Of The Sarbanes-Oxley Act Of
        2002.





(b)
        Reports on Form 8-K.


None


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SIGNATURES





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





AMANASU
        TECHNOLOGIES CORPORATION





Date:
        November 18, 2007





/s/
        Yukinori Yoshino





Yukinori
        Yoshino


Chief
        Executive Officer


Chief
        Financial Officer


Chief
        Accounting Officer




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