----

----

| x | QUARTERLY REPORT UNDER SECTION      13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF  1934 |
|---|-----------------------------------------------------------------------------------------|

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

----

----

| Nevada                                 |   | 91-2150635                             |
|----------------------------------------|--------|----------------------------------------|
| (State      or other jurisdiction      |   | (IRS      Employer Identification No.) |
| of      incorporation or organization) |   |                                   |

----

----

----

| Part I – Financial Information | Page                                                                                       |
|--------------------------------------|--------------------------------------------------------------------------------------------|
|             |                                                                                       |   |
| Item 1.                              | Financial Statements                                                                       |   |
|             |                                                                                       |   |
|                                 | Consolidated Balance Sheets                                                                | 4 |
|             |                                                                                       |   |
|                                 | Consolidated Statements ofOperations                                                       | 5 |
|             |                                                                                       |   |
|                                 | Consolidated Statements of CashFlows                                                       | 6 |
|             |                                                                                       |   |
|                                 | Notes      to Consolidated Financial Statements                                            | 7      – 9 |
|             |                                                                                       |   |
| Item 2.                              | Management's Discussion and Analysis of Financial Condition      and Results of Operations | 10 |
|             |                                                                                       |   |
| Item 3.                              | Quantitative And Qualitative Disclosures About Market      Risk                            | 14 |
|                                 |                                                                                       |   |
| Item 4(T).                           | Controls And Procedures                                                                    | 14 |
|             |                                                                                       |   |
| Part II – Other Information    |                                                                                       |
|             |                                                                                       |   |
| Item 1.                              | Legal      Proceedings                                                                     | 15 |
|             |                                                                                       |   |
|  Item 1A.                       |  Risk Factors                                                                         | 15 |
|                                 |                                                                                       |   |
| Item 2.                              | Unregistered Sales of Equity Securities and Use of      Proceeds                           | 15 |
|             |                                                                                       |   |
| Item 3.                              | Defaults Upon Senior Securities                                                            | 15 |
|             |                                                                                       |   |
| Item 4.                              | Submission of Matters to a Vote of Security      Holders                                   | 15 |
|             |                                                                                       |   |
| Item 5.                              | Other      Information                                                                     | 15 |
|             |                                                                                       |   |
| Item 6.                              | Exhibits                                                                                   | 15 |
|             |                                                                                       |   |
|                                 | Signatures                                                                                 | 16 |

----

|   | · | general      economic and industry conditions; |
|--------|--------|------------------------------------------------|

|   | · | our      capital requirements and dependence on the sale of our equity      securities; |
|--------|--------|-----------------------------------------------------------------------------------------|

|   | · | the      liquidity of the Company’s common stock will be affected by the lack of a      trading market; |
|--------|--------|---------------------------------------------------------------------------------------------------------------|

|   | · | intense      industry competition; |
|--------|--------|------------------------------------|

|   | · | fluctuations      in the prevailing industry prices of check processing      services; |
|--------|--------|----------------------------------------------------------------------------------------|

|   | · | shortages      in availability of qualifiedpersonnel; |
|--------|--------|-------------------------------------------------------|

|   | · | legal      and financial implications of unexpected catastrophic    events; |
|--------|--------|-----------------------------------------------------------------------------|

|   | · | regulatory      or legislative changes effecting check processing    operations; |
|--------|--------|----------------------------------------------------------------------------------|

|   | · | reliance      on, and the ability to attract, key personnel;  and |
|--------|--------|-------------------------------------------------------------------|

----

PART I

ITEM 1

United 

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |                           |      |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------------------------------|-----------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   | March      31,2008,(Unaudited) |      |   | December      31,2007(Audited) |   |
|                                                                                                                                                              |   |                           |      |   |   |   |
| ASSETS                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   |                           |      |   |   |   |
| CURRENT      ASSETS                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |   |                           |      |   |   |   |
| Cash and Cash      Equivalents                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   | $                              | 258,723   |   |   | $ | 283,988 |   |
| Restricted Cash                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |                           | 782,693   |   |   |   | 531,343 |   |
| Trade Receivables,      net                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |                           | 98,666    |   |   |   | 81,490 |   |
| PrepaidExpenses                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |                           | 16,687    |   |   |   | 24,476 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |                           |      |   |   |   |   |   |
| Total Current      Assets                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   |                           | 1,156,769 |   |   |   | 921,297 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |                           |      |   |   |   |   |   |
| PROPERTY      AND EQUIPMENT, NET                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |                           | 58,607    |   |   |   | 60,735 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |                           |      |   |   |   |   |   |
| OTHER      ASSETS                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   |                           | 74,788    |   |   |   | 62,620 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |                           |      |   |   |   |   |   |
| Total Assets                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   | $                              | 1,290,164 |   |   | $ | 1,044,652 |   |
|                                                                                                                      |   |                           |      |   |   |   |   |   |
| LIABILITIES      AND STOCKHOLDERS' EQUITY                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   |                           |      |   |   |   |   |   |
| CURRENT      LIABILITIES                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   |                           |      |   |   |   |   |   |
| ACH Settlements      Payable                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   | $                              | 746,290   |   |   | $ | 514,969 |   |
| Notes Payable                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |                           | 70,000    |   |   |   | 70,000 |   |
| Accounts Payable and Accrued      Liabilities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |                           | 23,448    |   |   |   | 34,036 |   |
| Customers’    Deposits                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   |                           | 36,404    |   |   |   | 16,374 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |                           |      |   |   |   |   |   |
| Total Current      Liabilities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |                           | 876,142   |   |   |   | 635,379 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |                           |      |   |   |   |   |   |
| Total    Liabilities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |                           | 876,142   |   |   |   | 635,379 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |                           |      |   |   |   |   |   |
| STOCKHOLDERS'      EQUITY                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   |                           |      |   |   |   |   |   |
| Common Stock - $.001 Par Value;      75,000,000 Shares Authorized, 18,291,667      Shares Issued and Outstanding in 2008 and 2007                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   |                           | 18,292    |   |   |   | 18,292 |   |
| Additional Paid-In      Capital                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |                           | 49,440    |   |   |   | 49,440 |   |
| Retained    Earnings                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |                           | 346,290   |   |   |   | 341,541 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |                           |      |   |   |   |   |   |
|    Total      Stockholders' Equity                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   |                           | 414,022   |   |   |   | 409,273 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |                           |      |   |   |   |   |   |
| Total Liabilities and      Stockholders' Equity                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   | $                              | 1,290,164 |   |   | $ | 1,044,652 |   |

----

United

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   | Three      Months EndedMarch 31,                                                                                    |   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------------------------------------------------------------------------------------------------------------------------|--------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   | 2008                                                                                                                     |   |   |   | 2007 |   |
|                                                                                                                      |   |                      |   |       |   |                      |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |                                                                                                                     |   |   |   |   |   |
| REVENUES                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 | $      |   260,502                                                                                                      |   |   | $ | 304,107 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |                                                                                                                     |   |   |   |   |   |
| COST      OF REVENUES                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   | 118,744                                                                                                                  |   |   |   | 181,935 |   |
| Gross Profit                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   | 141,758                                                                                                                  |   |   |   | 122,172 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |                                                                                                                     |   |   |   |   |   |
| EXPENSES                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   |                                                                                                                     |   |   |   |   |   |
| Operating    Expenses                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |                                                                                                                     |   |   |   |   |   |
|    Personnel      Costs                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   |  28,287                                                                                                             |   |   |   | 25,055 |   |
|    Travel                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   | 11,921                                                                                                                   |   |   |   |  6,812 |   |
|    Other                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   | 28,059                                                                                                                   |   |   |   |  28,746 |   |
| Total Operating      Expenses                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |  68,267                                                                                                             |   |   |   |  60,613 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |                                                                                                                     |   |   |   |   |   |
| Selling, General and      Administrative Expenses                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   |                                                                                                                     |   |   |   |   |   |
|    Personnel      Costs                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   | 16,731                                                                                                                   |   |   |   | 28,789 |   |
|    Legal and      Accounting                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |  9,710                                                                                                              |   |   |   | 11,820 |   |
|    Marketing                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   | 11,700                                                                                                                   |   |   |   | 13,550 |   |
|    Consulting      Fees                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   | 26,000                                                                                                                   |   |   |   | - |   |
|    Other                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |       1,271                                                                                |   |   |   |       782 |   |
| Total Selling, General and      Administrative Expenses                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |  65,412                                                                                                             |   |   |   |  54,941 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |                                                                                                                     |   |   |   |   |   |
| Total Expenses                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   | 133,679                                                                                                                  |   |   |   | 115,554 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |                                                                                                                     |   |   |   |   |   |
| INCOME      FROM OPERATIONS                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |  8,079                                                                                                              |   |   |   |  6,618 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |                                                                                                                     |   |   |   |   |   |
| OTHER      INCOME (EXPENSE)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |                                                                                                                     |   |   |   |   |   |
| InterestExpense                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   | (1,750                                                                                                                   | )      |   |   | (2,633 | ) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |                                                                                                                     |   |   |   |   |   |
| NET      INCOME BEFORE INCOME TAXES                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |   |  6,329                                                                                                              |   |   |   |  3,985 |   |
| INCOME      TAX EXPENSE                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   | 1,580                                                                                                                    |   |   |   | 1,015 |   |
| NET      INCOME                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          | $      |  4,749                                                                                                              |   |   | $ |  2,970 |   |
| EARNINGS      PER SHARE – BASIC                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    | $      | 0.00                                                                                                                     |   |   | $ | 0.00 |   |
| EARNINGS      PER SHARE – DILUTED                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  | $      | 0.00                                                                                                                     |   |   | $ | 0.00 |   |

----

United

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   | Three      Months EndedMarch 31,                                                                                    |   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------------------------------------------------------------------------------------------------------------------------|--------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   | 2008                                                                                                                     |   |   |   | 2007 |   |
|                                                                                                                                  |   |                      |   |       |   |                      |   |
| CASH      FLOWS FROM OPERATING ACTIVITIES                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   |                                                                                                                     |   |   |   |   |   |
| Net Income                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       | $      | 4,749                                                                                                                    |   |   | $ | 2,970 |   |
| Adjustments to Reconcile Net      Income to Net Cash                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   |                                                                                                                     |   |   |   |   |   |
| Used In Operating      Activities:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   |                                                                                                                     |   |   |   |   |   |
| Depreciation      Expense                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   |  7,368                                                                                                              |   |   |   | 6,496 |   |
| (Increase) Decrease in Trade      Receivables                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   | (17,176                                                                                                                  | )      |   |   | 7,059 |   |
| Increase (Decrease) in ACH      Settlements Payable                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   | 231,321                                                                                                                  |   |   |   | (26,231 | ) |
| (Increase) Decrease in      Restricted Cash                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |   | (251,350                                                                                                                 | )      |   |   | 25,231 |   |
| Decrease in Accounts Payable      and Accrued Liabilities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   | (10,588                                                                                                                  | )      |   |   | (20,552 | ) |
| Decrease (Increase) in Prepaid      Expenses                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   | 7,789                                                                                                                    |   |   |   | (8,881 | ) |
| Increase in Customers'      Deposits                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   | 20,030                                                                                                                   |   |   |   | 1,000 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   |                                                                                                                     |   |   |   |   |   |
| Net Cash Used In Operating      Activities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   | (7,857                                                                                                                   | )      |   |   | (12,908 | ) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   |                                                                                                                     |   |   |   |   |   |
| CASH      FLOWS FROM INVESTING ACTIVITIES                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   |                                                                                                                     |   |   |   |   |   |
| Purchase of Property and      Equipment                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   | (5,240                                                                                                                   | )      |   |   | (5,400 | ) |
| Increase in Other      Assets                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   | (12,168                                                                                                                  | )      |   |   | (50,000 | ) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   |                                                                                                                     |   |   |   |   |   |
| Net Cash Used in Investing      Activities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   | (17,408                                                                                                                  | )      |   |   | (55,400 | ) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   |                                                                                                                     |   |   |   |   |   |
| CASH      FLOWS FOR FINANCING ACTIVITIES                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |                                                                                                                     |   |   |   |   |   |
| Principal payments on Notes      Payable                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         | $      | -                                                                                                                        |   |   | $ | (16,000 | ) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   |                                                                                                                     |   |   |   |   |   |
| Net Cash Used in Financing      Activities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   | -                                                                                                                        |   |   |   | (16,000 | ) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   |                                                                                                                     |   |   |   |   |   |
| NET      DECREASE IN CASH AND CASH EQUIVALENTS                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   | (25,265                                                                                                                  | )      |   |   | (84,308 | ) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   |                                                                                                                     |   |   |   |   |   |
| CASH      AND CASH EQUIVALENTS - BEGINNING OF YEAR                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   | 283,988                                                                                                                  |   |   |   | 384,830 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   |                                                                                                                     |   |   |   |   |   |
| CASH      AND CASH EQUIVALENTS - END OF YEAR                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     | $      | 258,723                                                                                                                  |   |   | $ | 300,522 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   |                                                                                                                     |   |   |   |   |   |
| SUPPLEMENTAL      DISCLSOURE OF CASH FLOW INFORMATION                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |                                                                                                                     |   |   |   |   |   |
| Payments for    Taxes                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            | $      | -                                                                                                                        |   |   | $ | 19,000 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   |                                                                                                                     |   |   |   |   |   |
| Payments for      Interest                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       | $      | 1,750                                                                                                                    |   |   | $ | 2,633 |   |

----

UNITED

----

----

----

ITEM 2

----

----

----

----

ITEM 3.  QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUTMARKET RISK

ITEM 4(T). CONTROLS ANDPROCEDURES

----

PART II

ITEM 1

ITEM 1A

ITEM 2

ITEM 3.

ITEM 4

ITEM 5.

ITEM 6

----

SIGNATURES

|                                                                                                                                                                                                                                                                                                                                                                                                         | UNITED      ESYSTEMS, INC.                                                     |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------------------------------------------------------------------------|
|                                                                    |                                                  |
| Date:   May 14,      2008                                                                                                                                                                                                                                                                                                                                  | By: /s/ Jeffery C.      Swank                                                  |
|                                                                                                                                                                                                                                                                                                                                                                                                         |       Jeffery      C. Swank                      |
|                                                                                                                                                                                                                                                                                                                                                                                                         |       Chief      Executive Officer and President |
|                                                                                                                                                                                                                                                                                                                                                                                                         |       (Principal      Executive Officer)         |
|                                                                                                                                                                                                                                                                                                                                                                                                         |                                                                           |
|                                                                                                                                                                                                                                                                                                                                                                                                         |                                                                           |
| Date:   May 14,      2008                                                                                                                                                                                                                                                                                                                                  | By: /s/ Walter Reid      Green, Jr.                                            |
|                                                                                                                                                                                                                                                                                                                                                                                                         |       Walter      Reid Green, Jr.                |
|                                                                                                                                                                                                                                                                                                                                                                                                         |       Chief      Financial Officer               |
|                                                                                                                                                                                                                                                                                                                                                                                                         |       (Principal      Financial Officer)         |