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

                                Form 10-QSB

(Mark One)
     [X]  QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
          SECURITIES EXCHANGE ACT OF 1934

     For the quarter ended March 31, 2006

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

     For the transition period from ________ to __________

                      Commission File Number: 000-27827

                            THE LIQUID GROUP, INC.
              (Exact name of Registrant as specified in charter)

Nevada                                                         33-0874810
State or other jurisdiction of                   I.R.S. Employer I.D. No.
incorporation or organization

4080 Paradise Road, Suite 15-168, Las Vegas, NV                     89706
(Address of principal executive offices)                       (Zip Code)

Issuer's telephone number, including area code:  (702) 204-7792

Check whether the Issuer (1) has filed all reports required to be filed
by section 13 or 15(d) of the Exchange Act during the past 12 months (or
for such shorter period that the registrant was required to file such
reports), and (2) has been subject to such fling requirements for the
past 90 days.  (1) Yes [X] No [ ]   (2) Yes [X] No [ ]

Indicate by check mark whether the registrant is a shell company (as
defined in Rule 12b-2 of the Exchange Act).  Yes [ ]  No [X]

State the number of shares outstanding of each of the Issuer's classes
of common equity as of the latest practicable date:  At May 3, 2006,
there were 11,483,448 shares of common stock outstanding.

<PAGE>

                              Table of Contents

                                                                        Page
PART I                                                                     3

  ITEM 1.  FINANCIAL STATEMENTS                                            3

  ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS AND PLAN OF OPERATION      16

  ITEM 3.  CONTROLS AND PROCEDURES                                        19

PART II                                                                   20

  ITEM 6.  EXHIBITS                                                       20


                                      2
<PAGE>

                                    PART I
                            FINANCIAL INFORMATION

                        ITEM 1.  FINANCIAL STATEMENTS

                            The Liquid Group, Inc.
                  (formerly Mezzanine Investment Corporation)

                           Consolidated Balance Sheet
                                  (Unaudited)

                                    ASSETS
                                                  March 31,
                                                    2006
                                                 -----------
CURRENT ASSETS
  Cash and cash equivalents                      $    66,004
  Accounts receivable                                 10,850
  Available-for-sale-securities (Note 3)                -
  Interest receivable                                  3,877
  Note receivable                                     17,500
                                                  ----------
     TOTAL CURRENT ASSETS                             98,231
                                                  ----------
FIXED ASSETS, net (Note 4)                            24,258

INTANGIBLE ASSETS, net (Note 5)                       22,500
                                                  ----------
     TOTAL ASSETS                                $   144,989
                                                  ==========


                     LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES

  Accounts payable and accrued liabilities       $    48,369
  Unearned revenue                                     9,167
                                                  ----------
     TOTAL CURRENT LIABILITIES                        57,536
                                                  ----------
     TOTAL LIABILITIES                                57,536

COMMITMENTS AND CONTINGENCIES (Note 3 and 9)

STOCKHOLDERS' EQUITY (Notes 8,9 10 and 11)
  Common stock, 100,000,000 shares authorized,
   $.001 par value, 11,483,448 issued and
   outstanding                                        11,484
  Additional paid in capital                         412,924
  Accumulated deficit				    (336,955)
  Other comprehensive loss                              -
                                                  ----------
     TOTAL STOCKHOLDERS' EQUITY                       87,453
                                                  ----------
     TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY  $   144,989
                                                  ==========

                 The accompanying financial statements are an
                 integral part of these financial statements.

                                      3
<PAGE>

                            The Liquid Group, Inc.
                  (formerly Mezzanine Investment Corporation)

                           Statements of Operations
                For the quarters ending March 31, 2006 and 2005
                                 (unaudited)

                                                 March 31,     March 31,
                                                   2006          2005
                                                -----------   -----------
REVENUE, net                                    $   119,485   $    32,012
                                                 ----------    ----------
COST OF REVENUE, net                                 96,658        23,150
                                                 ----------    ----------
     GROSS PROFIT                                    22,827         8,862

Selling General and Administative                    70,388        66,491
                                                 ----------    ----------
     INCOME FROM OPERATIONS                         (47,561)      (57,629)

OTHER INCOME (EXPENSE)

  Gain (Loss) on available-for-sale securities           33          -
  Interest income                                       686          -
                                                 ----------    ----------
     TOTAL OTHER INCOME (EXPENSE)                       719          -
                                                 ----------    ----------
     (LOSS) INCOME BEFORE INCOME TAX                (46,842)      (57,629)

     INCOME TAX EXPENSE (Note 7)                       -             -
                                                 ----------    ----------
     NET (LOSS) INCOME                          $   (46,842)  $   (57,629)
                                                 ==========    ==========

LOSS PER COMMON SHARE-Basic and Diluted               (0.01)        (0.06)

SHARES USED IN EARNINGS PER SHARE CALCULATIONS
  WEIGHTED AVERAGE COMMON SHARES                  8,128,690     1,000,000
                                                 ==========    ==========
OTHER COMPREHENSIVE INCOME

  NET LOSS                                      $   (46,842)  $   (57,629)
  OTHER COMPREHENSIVE INCOME
   Unrealized loss recovered on
    available-for-sale securities                      -             -
   Reclassification adjustment, net of tax            5,600          -
                                                 ----------    ----------
     COMPREHENSIVE LOSS                         $   (41,242)  $   (57,629)
                                                 ==========    ==========

                 The accompanying financial statements are an
                 integral part of these financial statements.
                                      4
<PAGE>

                            The Liquid Group, Inc.
                  (formerly Mezzanine Investment Corporation)

                           Statements of Cash Flows
                For the quarters ending March 31, 2006 and 2005
                                 (Unaudited)
<TABLE>
<CAPTION>
                                                         March 31,     March 31,
                                                           2006          2005
                                                        -----------   -----------
<S>                                                     <C>           <C>
CASH FLOWS FROM OPERATING ACTIVITIES

Net loss                                                $   (46,842)  $   (57,629)
  Adjustments to reconcile net loss to net
  cash used by operating activities:
    Depreciation and amortization expense                     5,005          -
    Realized gain on available-for-sale securities              (33)         -
    Issue of shares for services                               -           53,750
    Decrease in accounts receivable                           1,750          -
    Increase in interest receivable                            (437)         -
    (Decrease) Increase in accounts payable and
     accrued liabilities                                    (26,399)          838
    Increase in unearned revenue                              9,167          -
    Increase in taxes payable                                  -           (2,857)
                                                         ----------    ----------
      NET CASH FLOWS (USED IN)
      PROVIDED BY OPERATING ACTIVITIES                      (57,789)       (5,898)
                                                         ----------    ----------
CASH FLOWS FROM INVESTING ACTIVITIES

  Proceeds from note receivable                              10,000          -
  Proceeds from available-for-sale securities                42,068         2,500
  Purchases and other receipts of
   available-for-sale securities                            (25,235)         -
                                                         ----------    ----------
      NET CASH FLOWS PROVIDED BY
      (USED IN) INVESTING ACTIVITIES                         26,833         2,500
                                                         ----------    ----------
CASH FLOWS FROM FINANCING ACTIVITIES

  Issuance of common stock for cash                            -          145,000
                                                         ----------    ----------
      NET CASH FLOWS PROVIDED BY INVESTING ACTIVITIES          -          145,000
                                                         ----------    ----------
      NET INCREASE IN CASH AND CASH EQUIVALENTS             (30,956)      141,602
                                                         ----------    ----------
      CASH AND CASH EQUIVALENTS, BEGINNING OF THE YEAR       96,960         5,904
                                                         ----------    ----------
      CASH AND CASH EQUIVALENTS, END OF THE YEAR        $    66,004   $   147,506
                                                         ==========    ==========

SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION

  Cash paid for taxes                                   $      -      $     2,857
                                                         ==========    ==========
  Common stock issued for fixed assets                  $      -      $    25,000
                                                         ==========    ==========
  Common stock issued for services                      $      -      $    53,750
                                                         ==========    ==========
</TABLE>
                 The accompanying financial statements are an
                 integral part of these financial statements.
                                      5
<PAGE>

                            The Liquid Group, Inc.
                  (formerly Mezzanine Investment Corporation)
                        Notes to Financial Statements
                               March 31, 2006

NOTE 1 - CORPORATE HISTORY

The Company was incorporated under the laws of the State of Nevada on
August 19, 1999, but had conducted no business activities from its
inception until the completion of the acquisition of The Liquid Group,
Inc. on November 14, 2005.  As a result of the closing of the
acquisition transaction, The Liquid Group, Inc. became a wholly owned
subsidiary of the Company.  On March 23, 2006, the Company merged The
Liquid Group, Inc. into the parent company and changed the name of the
Company to The Liquid Group, Inc.

NOTE 2 - SIGNIFICANT ACCOUNTING POLICIES

Revenue Recognition

The Company derives its revenue primarily from the sale of services.
Revenue is recognized as services are performed in accordance with the
provisions of SEC Staff Accounting Bulletin No. 104, "Revenue
Recognition."  The Company recognizes revenue when there is (1)
persuasive evidence of an arrangement, (2) title and risk of loss have
passed, (3) delivery has occurred or the services have been rendered,
(4) the sales price is fixed or determinable and collection of the
related receivable is reasonably assured.  The Company records all
expense reimbursements billed to customers as revenue, and related costs
as cost of sales, when incurred, in accordance with Emerging Issues Task
Force ("EITF") 01-14 "Income Statement Characterization of
Reimbursements Received for "out-of-pocket" expenses."

Cash and Cash Equivalents

The Company considers all highly liquid investments with maturities of
three months or less to be cash equivalents.  At March 31, 2006, the
Company had no deposits that exceeded federally insured limits.

Trade Receivables and Collections

In the collection of payments, loans or receivables, the Company will
apply a range of collection techniques to manage delinquent accounts.
The Company has not yet had any accounts that it considers doubtful and
in many situations attempts to reduce the risk by having the customers
pay in advance of the work being performed.  At the year ended, March
31, 2006, the Company had no significant concentrations of receivables
by any single organization that would constitute a credit risk.

Marketable Securities

The Company accounts for marketable securities in accordance with the
provisions of Statement of Financial Accounting Standards No. 115
"Accounting for Certain Investments in Debt and Equity Securities"
(SFAS 115).

                                      6
<PAGE>

                            The Liquid Group, Inc.
                  (formerly Mezzanine Investment Corporation)
                        Notes to Financial Statements
                               March 31, 2006

Under SFAS 115, debt securities and equity securities that have readily
determinable fair values are to be classified in three categories:

     Held to Maturity - the positive intent and ability to hold to
     maturity.  Amounts are reported at amortized cost, adjusted for
     amortization of premiums and accretion of discounts.

     Trading Securities - bought principally for purpose of selling in
     the near term.  Amounts are reported at fair value, with unrealized
     gains and losses included in earnings.

     Available for Sale - not classified in one of the above categories.
     Amounts are reported at fair value, with unrealized gains and
     losses excluded from earnings and reported separately as a
     component of shareholders' equity.

Marketable securities consist of listed common stocks with an aggregate
cost, based on specific identification, of $0 as of March 31, 2006.  The
Company had no unrealized holding losses as of March 31, 2006 but had a
reclassification adjustment of $5,600, net of tax for previous
unrealized loss, the related securities being sold in the current
quarter. All of the company's securities are classified as available for
sale securities.

Gains or losses on dispositions of securities are based on the net
difference of the proceeds and the adjusted carrying amounts of the
securities sold, using the specific identification method.

Fair Value of Financial Instruments

SFAS No. 107, "Disclosures About Fair Value of Financial Instruments,"
requires management to disclose the estimated fair value of certain
assets and liabilities defined by SFAS No. 107 as financial instruments.
Financial instruments are generally defined by SFAS No. 107 as cash and
cash equivalents, evidence of ownership interest in equity, or a
contractual obligation that both conveys to one entity a right to
receive cash or other financial instruments from another entity and
imposes on the other entity the obligation to deliver cash or other
financial instruments to the first entity.  At March 31, 2006, and
management believes that the carrying amounts of cash and cash
equivalents, available-for-sale securities, accounts receivable and
accounts payable approximate fair value because of the short maturity of
these financial instruments.

Accounting for Income Taxes

Statement of Financial Accounting Standards No. 109 "Accounting for
Income Taxes" requires an asset and liability approach for financial
accounting and reporting for income tax purposes.  This statement
recognizes (a) the amount of taxes payable or refundable for the current
year and (b) deferred tax liabilities and assets for future tax
consequences of events that have been recognized in the financial
statements or tax returns.  Valuation allowances are established, when
necessary, to reduce deferred tax assets to the amount expected to be
realized.

                                      7
<PAGE>

                            The Liquid Group, Inc.
                  (formerly Mezzanine Investment Corporation)
                        Notes to Financial Statements
                               March 31, 2006


Earnings (Loss) Per Share

Basic earnings (loss) per share includes no dilution and is computed by
dividing earnings (loss) available to common shareholders by the
weighted average number of common shares outstanding for the period.
Diluted earnings per share reflect the potential dilution of securities
that could share in the earnings of an entity.  Such shares are not
included when there is a loss as the effect would be anti-dilutive.  At
March 31, 2006 and March 31, 2005 the Company had no outstanding
dilutive securities.

   Basic Earnings per share              Quarter ended  Quarter ended
                                           March 31,      March 31,
                                             2006           2005
                                         ------------   ------------
   Net Loss (numerator)                  $  (295,393)   $    (7,835)

   Weighted Average Shares (denominator)  11,483,448      5,075,000
                                          ----------     ----------
   Netw loss per share                   $     (0.03)   $     (0.00)
                                          ==========     ==========


Use of Estimates

The preparation of financial statements in conformity with generally
accepted accounting principles requires management to make estimates and
assumptions that affect reported amounts of assets and liabilities,
disclosure of contingent assets and liabilities at the date of the
financial statements and revenues and expenses during the reporting
period.  In these financial statements, assets, liabilities and earnings
involve extensive reliance on management's estimates.  Actual results
could differ from those estimates.

Recent Accounting pronouncements

In March 2006, the Financial Accounting Standards Board (the "FASB")
issued Statement of Financial Accounting Standards ("SFAS") No. 156,
"Accounting for Servicing of Financial Assets", which amends SFAS No.
140.  SFAS No. 156 may be adopted as early as 1 January 2006, for
calendar year-end entities, provided that no interim financial
statements have been issued.  Those not choosing to early adopt are
required to apply the provisions as of the beginning of the first fiscal
year that begins after 15 September 2006 (e.g., 1 January 2007, for
calendar year-end entities).  The intention of the new statement is to
simplify accounting for separately recognized servicing assets and
liabilities, such as those common with mortgage securitization
activities, as well as to simplify efforts to obtain hedge- like
accounting.  Specifically, the FASB said SFAS No. 156 permits a servicer
using derivative financial instruments to report both the derivative
financial instrument and related servicing asset or liability by using a
consistent measurement attribute, or fair value.  The adoption of
SFAS No.

                                      8
<PAGE>

                            The Liquid Group, Inc.
                  (formerly Mezzanine Investment Corporation)
                        Notes to Financial Statements
                               March 31, 2006

156 is not expected to have a material impact on the Company's
financial position, results of operations or cash flows.

In February 2006, the FASB issued SFAS No. 155, "Accounting for Certain
Hybrid Financial Instruments", which amends SFAS No. 133, "Accounting
for Derivative Instruments and Hedging Activities" and SFAS No. 140,
"Accounting for Transfers and Servicing of Financial Assets and
Extinguishments of Liabilities". SFAS No. 155 permits fair value
measurement for any hybrid financial instrument that contains an
embedded derivative that otherwise would require bifurcation,
establishes a requirement to evaluate interests in securitized financial
assets to identify interests that are freestanding derivatives or hybrid
financial  Statements instruments containing embedded derivatives.  The
adoption of SFAS No. 155 is not expected to have a material impact on
the Company's financial position, results of operations or cash flows.

In May 2005, the FASB issued SFAS No. 154, "Accounting Changes and Error
Corrections" (SFAS 154).  SFAS 154 replaces the Accounting Principles
Board Opinion No. 20, "Accounting Changes" and SFAS No. 3, "Reporting
Accounting Changes in Interim Financial Statements," to require
retrospective  application to prior periods' financial statements of
changes in accounting  principle.  The provisions of SFAS 154 are
effective for accounting changes made in fiscal years beginning after
December 15, 2005.  The adoption of SFAS 154 is not expected to have a
material effect on our financial statements.

NOTE 3 - AVAILABLE-FOR-SALE SECURITIES

The Company had no securities available for sale at March 31, 2006. The
activity for the quarter is summarized as follows:

                                                                    Gross
                                                                  Unrealized
                                                       Holding      Market
                    Cost      Purchases     Sales      Losses       Value
                  ---------   ---------   ---------   ---------   ----------
   Common Stock   $  16,800   $  25,235   $ (42,068)  $     (33)  $     -
                   --------    --------    --------    --------    --------
   Total          $  16,800   $  25,235   $ (42,068)  $     (33)  $     -
                   ========    ========    ========    ========    ========

                                      9
<PAGE>

                            The Liquid Group, Inc.
                  (formerly Mezzanine Investment Corporation)
                        Notes to Financial Statements
                               March 31, 2006

NOTE 4 - FIXED ASSETS

The Company capitalizes the purchase of equipment and fixtures for major
purchases in excess of $1,000 per item.  Capitalized amounts are
depreciated over the useful life of the assets using the straight line
method of depreciation, which is 5 years for office equipment and
furniture and fixtures, respectively.  Scheduled below are the asset
costs, depreciation and accumulated depreciation at March 31, 2006 and
December 31, 2005.
                                                                Accumulated
                      Cost            Depreciation Expense      Depreciation
               -------------------    -------------------    -------------------
                March     December     March     December     March     December
               31, 2006   31, 2005    31, 2006   31, 2005    31, 2006   31, 2005
               --------   --------    --------   --------    --------   --------
Assets
  Computer
   Equipment   $ 33,650   $ 33,650    $  3,435   $    0      $ 10,165   $  6,730
  Furniture &
   Fixtures       1,406      1,406          70        0           633        563
                -------    -------     -------    -------     -------    -------
     Totals    $ 35,056   $ 35,056    $  3,505   $    0      $ 10,798   $  7,293
                =======    =======     =======    =======     =======    =======

NOTE 5 - INTANGIBLE ASSETS

On February 15, 2005 the Company acquired certain assets from The Liquid
Consulting Group, a New York corporation, for $60,000.  Of this amount
management considers the value of the Liquid Consulting Group's customer
relationships, contacts and business relationships to be worth $30,000
and capitalized them respectively.  This amount will be amortized over 5
years, using the straight line method.  Scheduled below are the asset
cost, amortization and accumulated amortization at March 31, 2006 and
December 31, 2005.
                                                                Accumulated
                      Cost            Depreciation Expense      Depreciation
               -------------------    -------------------    -------------------
                March     December     March     December     March     December
               31, 2006   31, 2005    31, 2006   31, 2005    31, 2006   31, 2005
               --------   --------    --------   --------    --------   --------
Assets
  Customer
  Relation-
  ships, etc.  $ 30,000   $ 30,000    $  1,500   $  6,000    $  6,000   $  6,000
                -------    -------     -------    -------     -------    -------
     Totals    $ 30,000   $ 30,000    $  1,500   $  6,000    $  6,000   $  6,000
                =======    =======     =======    =======     =======    =======

                                      10
<PAGE>

                            The Liquid Group, Inc.
                  (formerly Mezzanine Investment Corporation)
                        Notes to Financial Statements
                               March 31, 2006

NOTE 6 - RELATED PARTY TRANSACTIONS

During the quarters ended March 31, 2006 and 2005, the Company entered
into the following transactions with entities whose principals and/or
directors are shareholders of the Company:

Business Development and Corporate Finance

The Company has retained Cygni Capital, LLC, whose principal is a
shareholder of the Company, to perform business development and
corporate finance services.  These services include, but are not limited
to strategic alliances, corporate organization and structure, private
and public equity and debt financing, capital sources and transactions
and other services related to maximizing shareholder value.  The
agreement was for six months commencing in March 2005 and is currently
on a month to month basis.  The amount paid under this agreement was
$15,000 and $5,000 for the quarters ended March 31, 2006 and 2005,
respectively.

The Company provided investor relations and public relations services to
Caneum, Inc.  Mr. Daggett is a former director of Caneum, Inc.  The
amount invoiced for these services was $92,550 and $29,750 for the
quarters ended March 31, 2006 and 2005, respectively.

NOTE 7 - INCOME TAXES

The Company adopted Statement of Financial Accounting Standards No. 109
"Accounting for Income Taxes" in the fiscal year ended December 31, 2000
and has applied the provisions of the statement to the current year,
which resulted in no significant adjustment.

Statement of Financial Accounting Standards No. 109 "Accounting for
Income Taxes" requires an asset and liability approach for financial
accounting and reporting for income tax purposes.  This statement
recognizes (a) the amount of taxes payable or refundable for the current
year and (b) deferred tax liabilities and assets for future tax
consequences of events that have been recognized in the financial
statements or tax returns.

Deferred income taxes result from temporary differences in the
recognition of accounting transactions for tax and financial reporting
purposes.  There were no temporary differences at March 31, 2006 and
earlier years; accordingly, no deferred tax liabilities have been
recognized for all years.

The Company has cumulative net operating loss carryforwards of $336,955
at March 31, 2006.  No effect has been shown in the financial statements
for the net operating loss carryforwards as the likelihood of future tax
benefit from such net operating loss carryforwards is not presently
determinable.  Accordingly, the potential tax benefits of the net
operating loss carryforwards, estimated based upon current tax rates at
March 31, 2006 have been offset by valuation reserves in the same
amount.  The net operating losses begin to expire in 2026.

                                      11
<PAGE>

                            The Liquid Group, Inc.
                  (formerly Mezzanine Investment Corporation)
                        Notes to Financial Statements
                               March 31, 2006

The deferred tax asset and the valuation account is as follows at
March 31, 2006 and December 31, 2005:

                                          March 31,   December 31,
                                            2006         2005
                                         ----------   ----------
     Deferred tax asset:
       Net operating loss carryforward   $  105,664   $   98,638
                                          ---------    ---------
       Valuation allowance                 (105,664)     (98,638)
                                          ---------    ---------
          Total                          $     -      $     -
                                          =========    =========

     Deferred tax liability:
       Deferred noncurrent tax liability $     -      $     -
                                          ---------    ---------
          Total                          $     -      $     -
                                          =========    =========

The components of Income Tax expense are as follows:

                                          March 31,   December 31,
                                            2006         2005
                                         ----------   ----------
     Current Federal Tax                 $     -      $     -
     Current State Tax                         -            -
     Change in NOL benefit                 (105,664)     (98,638)
     Change in Allowance                    105,664       98,638
                                          ---------    ---------
          Total                          $     -      $     -
                                          =========    =========

NOTE 8 - STOCK OPTIONS

On January 15, 2004, the Company's Board of Directors and shareholders
adopted the 2004 Stock Option/Stock Issuance Plan (the "Plan").  The
purpose of the Plan is to provide eligible persons an opportunity to
acquire a proprietary interest in the Company and as an incentive to
remain in the service of the Company.

There are 3,000,000 shares of common stock authorized for nonstatutory
and incentive stock options and stock grants under the Plan, which are
subject to adjustment in the event of stock splits, stock dividends, and
other situations.

The purchase price under each option is established by the plan
administrator.  Additionally, the plan administrator will fix the terms
of each option, but no option can be granted for a term in excess of 10
years.  Stock issued under the Plan may vest immediately or upon terms
established by the plan administrator, provided that at least 20 percent
of the total shares subject to a vesting schedule will fully vest in
each calendar year on the anniversary date of the issuance of the
shares.

                                      12
<PAGE>

                            The Liquid Group, Inc.
                  (formerly Mezzanine Investment Corporation)
                        Notes to Financial Statements
                               March 31, 2006

At March 31, 2006 no options have been issued under the plan.

NOTE 9 - EMPLOYMENT AND CONSULTING AGREEMENTS

On April 2, 2005, the Board of Directors of Liquid Group approved an
employment agreement for Jason Daggett as President and CEO.  The
employment agreement was assumed by the Company at the closing of the
Agreement of Merger.  The following description sets forth the material
terms of this agreement:

     JASON DAGGETT.  The initial period of the employment agreement for
Mr. Daggett is two years beginning April 1, 2005, and is renewable by
the parties for an additional year.  He is required to devote half of
his time to the business of the company.  His base salary is $84,000 per
annum and Mr. Daggett receives a car allowance of $1500 per month.  He
received a signing bonus of 1,000,000 shares of Liquid Group, which
shares were previously issued by the Board of Directors of Liquid Group
on January 28, 2005.  All of these shares were converted into shares of
the Company pursuant to the Merger.

Charles J. Peters, a director, and Steve Murphy, CFO, provide services
to the Company on an as-needed basis.  Mr. Peters has entered into a
consulting agreement with Liquid Group and Mr. Murphy provides services
according to arrangements with Liquid Group.  The terms of the
consulting agreement and the arrangements are as follows:

     CHARLES J. PETERS.  On September 15, 2005, Liquid Group entered
into a month-to-month non-exclusive consulting agreement with Mr. Peters
to provide business development and new client development services to
management.  Mr. Peters will be paid up to $9,000 per month for his
services under this agreement.  In connection with his original
engagement with Liquid Group, he received a signing bonus of 1,000,000
shares of Liquid Group when he joined the company, which shares were
previously issued by the Board of Directors of Liquid Group on January
28, 2005.  All of these shares were converted into shares of the Company
pursuant to the Merger.

     STEPHEN G. MURPHY.  As a consultant he will bill the company for
his time at his then current hourly rates.  He received a signing bonus
of 250,000 shares of Liquid Group when he joined the company, which
shares were previously issued by the Board of Directors of Liquid Group
on January 28, 2005.  All of these shares were converted into shares of
the Company pursuant to the Merger.

                                      13
<PAGE>

                            The Liquid Group, Inc.
                  (formerly Mezzanine Investment Corporation)
                        Notes to Financial Statements
                               March 31, 2006

NOTE 10 - COMMON STOCK

On January 28, 2005, the Company issued 1,625,000 common shares at par
value of $.001 per share to 19 individuals as founders.  The same day,
3,750,000 common shares at par value of $.001 per share were issued to
individuals in connection with the retention of their services as
employees of the Company.  Accordingly, common stock and related
additional paid-in-capital has been credited a total of $5,375 and
$48,375, respectively.

On February 15, 2005 the Company acquired certain assets from The Liquid
Consulting Group, a New York corporation, for $60,000 payable $10,000,
cash in advance, and $50,000 (satisfied by issuing 250,000 shares of
Common stock at $.10 at signing of the purchase agreement and the
balance of 250,000 shares paid on September 30, 2005).

On March 15, 2005 the Company closed a private round of financing
whereby the Company sold 500,000 shares of stock at $.10 per share for
net proceeds of $50,000 to a single investor, Trymetris Capital fund I,
LLC, and also granted Trymetris Capital Fund I, LLC a 90 day option to
acquire an additional 500,000 shares at an exercise price of $.10 per
share for net proceeds of $50,000, which option was exercised on
April 27, 2005.  A further 1,000,000 shares were issued to Trymetris
Capital Fund I, LLC on June 30, 2005, at an exercise price of $.10 per
share; thus, the Company issued a total of 2,000,000 shares for a total
$200,000 to Trymetris Capital Fund I, LLC.  Mr. Daggett is a Manager of
Trymetris Capital Management, LLC, the Manager of Trymetris Capital
Fund, I, LLC.  However, Mr. Daggett has recused himself from any
decision making authority of the investment by Trymetris Capital Fund I,
LLC into the Company.

The Company issued 687,500 shares of common stock pursuant to a private
placement at $.20 per share.  Accordingly, common stock and additional
paid-in-capital have been credited $688 and $136,812 respectively.

NOTE 11 - REVERSE ACQUISITION

Effective November 14, 2005, pursuant to the Agreement of Merger, Liquid
Group, formerly known as BDR Showalter, Inc., merged into a newly-formed
entity Mezzanine Acquisitions Corp. established for the purpose of
executing the Merger, becoming the surviving corporation and a wholly
owned subsidiary of the Company.

Pursuant to the Agreement of Merger and as a result of the Merger, each
share of Liquid Group common stock outstanding at the effective time of
the Merger was converted into the right to receive one (1) share the
Company's common stock, par value $0.001 per share.  As a result of the
Merger, stockholders of Liquid Group received an aggregate number of
shares of the Company's common stock representing approximately 82.9% of
the total number shares of the Company outstanding after the Merger.
The 9,312,500 shares were issued on a pro-rata basis to the shareholders
of Liquid Group.  Since the stockholders of Liquid Group received the
majority

                                      14
<PAGE>

                            The Liquid Group, Inc.
                  (formerly Mezzanine Investment Corporation)
                        Notes to Financial Statements
                               March 31, 2006

of the voting shares of the Company, and the board of directors
and management of the Company are controlled by members of the board of
directors and management of Liquid Group, the merger was accounted for
as a reverse acquisition whereby Liquid Group was the acquirer and the
Company was the acquiree for accounting purposes.  Hence, for accounting
purposes no goodwill is recorded.

                                      15
<PAGE>

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

History and Background

     Our company was incorporated under the laws of the State of Nevada
on August 19, 1999, as Mezzanine Investment Corporation.  On November
14, 2005, we acquired all of the outstanding shares of The Liquid Group,
Inc., a Nevada corporation incorporated on July 14, 1999 as BDR
Showalter, Inc., which changed its name to The Liquid Group, Inc. on
January 27, 2005.  On March 23, 2006, The Liquid Group, Inc. was merged
into its parent, Mezzanine Investment Corporation, and the name of our
company was changed to The Liquid Group, Inc.  From our inception in
1999 until the commencement of operations in 2005, we conducted no
material business activities.  During the same time frame, various costs
were expensed with regard to legal and accounting work.

     We provide a variety of financial consulting, investor and public
relations, and credit card merchant services to a wide range of clients.
Our business model is to provide financial, business, and mergers and
acquisitions consulting services to start-up and existing public
companies.  Specifically, we assist client companies by developing
private placement funding structures, furnishing strategic business
planning, providing advise relating to regulatory documentation and
filings, offering consulting services related to corporate
restructuring, and identifying and structuring merger and acquisition
opportunities.  Additionally, we provide credit card consulting services
to assist merchants in establishing and maintaining merchant accounts.

     We employ several methods to locate prospective clients.
Principally, we rely on contacts generated by our management.  We also
obtain referrals from previous clients and do our own research of
various databases that profile public and private companies.

     We charge clients monthly or predetermined fees which vary in both
amount and form.  Acceptable payments include cash, securities of the
client corporation, other assets, or some combination of the three.
This payment arrangement allows many organizations, especially start-up
ventures and those experiencing financial difficulties, to obtain our
services without draining necessary cash funds.  However, accepting
stock as compensation occasionally impairs our cash flow, and for this
reason acceptable payments and the size of payments we charge for our
services vary with the volatility of the clients' securities, the amount
and nature of work involved, and the expenses related to the services
being rendered.  The decision to accept a prospective client depends on
the client's financial stability, the type of services needed, and the
compensation format.

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<PAGE>

Key Accounting Policies

     Key accounting policies are defined as those that are reflective of
significant judgments and uncertainties, and potentially result in
materially different results under different assumptions and conditions.
There were no changes to our key accounting policies for the quarter
ended March 31, 2006.

Revenues

     Consulting Operations

     For the quarter ended March 31, 2006, we generated $119,485 in
revenue from financial consulting operations, compared to $32,012
generated for the quarter ended March 31, 2005.  This increase of 273%
in revenue was due primarily to the amount of time and effort devoted to
our company by our president, Mr. Daggett, who had several other
business interests during 2005.  Mr. Daggett has since relinquished some
of his additional responsibilities and is available to focus more time
on Liquid Group's business.  The increase is also due to the customer
relationships acquired in the purchase of the assets of The Liquid
Consulting Group, an unrelated entity.

     Gross Profit

     We recorded an operating loss of $47,561 for the quarter ended
March 31, 2006, as compared to a loss of $57,629 for the quarter ended
March 31, 2005.  The decrease in the net operating loss is due to the
additional compensation costs of $53,750 associated with the issuance of
shares to founders and for the retention of key employees. The current
quarter reflects the additional costs of legal and professional fees
associated with preparation for a registration statement for the
registration of outstanding shares of common stock and the subsequent
application for quotation of the common stock on the OTC Bulletin Board.
The major expense categories are consulting fees, travel and
entertainment, and automobile.

     Management expects the overhead to increase as the company retains
personnel to assist in the administration of our affairs and to improve
the nature and timing of management and information.  In addition, we
expect to incur increased professional and consulting fees as we comply
with SEC regulations and filings

     Other Income and Expenses

     For the quarter ended March 31, 2006, we generated $719 in other
income resulting from interest of $686 on a note receivable and realized
gains of $33 on the sale of securities.  No other income was generated
for the quarter ended march 31, 2005.

                                      17
<PAGE>

     Net Loss

     We experienced a net loss of $46,842 for the quarter ended March
31, 2006.  For the quarter ended March 31, 2005, we generated a net loss
of $57,629.  The loss is largely due to retention of key employees and
consultants and the incurrence of legal and professional fees
principally due to costs associated with the merger.

Capital Resources and Liquidity

     As of March 31, 2006, working capital had decreased to $40,695.
The decrease in working capital was primarily attributable to the cash
absorbed by operations.

     In cases where we receive customer's stock as payment, the stock
has been included at the value at which it could be sold on the open
market and has been considered operational in nature.

     Income Tax Expense

     We recorded an income tax expense of $0 for the quarters ended
March 31, 2006 and March 31, 2005.  At March 31, 2006, we had $0
deferred tax assets and approximately $0 of deferred tax liabilities.
As of March 31, 2006, we had approximately $330,000 remaining loss
carry-forwards. No deferred tax asset has been booked for the loss
carryforward as this amount has been offset by a valuation allowance of
the same amount.

     Capital Expenditures

     We will invest in fixed assets to the extent that management
considers necessary.  At present, the anticipated need relates to
computers and communications to enable consulting projects to be
effectively executed and to allow for the communications of the
company's staff and customers.  At present no budget has been
established for this purpose.

     Additionally, we may elect to compensate employees with equity
incentives where possible and continue to utilize equity instruments to
compensate all associates in efforts to minimize cash outlays.
Management believes this strategy provides the ability to increase
stockholder value as well as utilize cash resources more effectively.

     During future quarters we may seek additional funding to finance
future acquisitions and growth.  The amount and timing of such capital
transactions is not yet known and will depend largely on our operating
needs and the cost to acquire financial services and products companies.
Our ability to secure this additional funding given present market
conditions is uncertain, as is the financial effect any such funding may
have on our capital structure or operating results.

Off-Balance Sheet Arrangements

     During the quarter ended March 31, 2006, we did not engage in any
off-balance sheet arrangements.

                                      18
<PAGE>

Stock-Based Compensation

     In December 2004, the FASB issued Statement of Financial Accounting
Standards (SFAS) No.123 (Revised), Shared-Based Payment.  This standard
revises SFAS No. 123, APB Opinion No. 25 and related accounting
interpretations and eliminates the use of the intrinsic value method for
employee stock-based compensation. SFAS No. 123R requires compensation
costs related to share based payment transactions to be recognized in
the financial statements over the period that an employee provides
service in exchange for award.  Currently, the Company uses the revised
fair value method of SFAS No. 123R to value share-based options granted
to employees and board members.  This standard requires the expensing of
all share-based compensation including options, using the fair value
based method.

Forward-Looking Statements

     This report contains certain forward-looking statements and
information that are based on assumptions made by management and on
information currently available. When used in this report, the words
"anticipate," "believe," "estimate," "expect," "intend," "plan," and
similar expressions, as they relate to our company or its management,
are intended to identify forward-looking statements.  These statements
reflect management's current view of the company concerning future
events and are subject to certain risks, uncertainties and assumptions,
including among many others the following:  changes in federal, state or
municipal laws governing the distribution and performance of financial
services; a general economic downturn; our startup phase of operations;
reliance on third party processors and product suppliers; the inability
to locate suitable acquisition targets; and other risks and
uncertainties.  Should any of these risks or uncertainties materialize,
or should underlying assumptions prove incorrect, actual results may
vary materially from those described in this report as anticipated,
estimated or expected.

                       ITEM 3.  CONTROLS AND PROCEDURES

     Disclosure Controls and Procedures.  Our President and our CFO have
concluded, based on their evaluation, as of the end of the period
covered by this report, that our disclosure controls and procedures (as
defined in Rule 13a-15(e) under the Exchange Act) are (1) effective to
ensure that material information required to be disclosed by us in
reports filed or submitted by us under the Exchange Act is recorded,
processed, summarized, and reported within the time periods specified in
the  rules and forms of the Securities and Exchange Commission, and (2)
designed to ensure that material information required to be disclosed by
us in such reports is accumulated, organized and communicated to our
management, including our principal executive officer and principal
financial officer, as appropriate, to allow timely decisions regarding
required disclosure.

     Internal Control Over Financial Reporting.  There were no changes
in our internal control over financial reporting (as defined in Rule
13a-15(f) under the Exchange Act) that occurred during our most recent
quarter ended March 31, 2006, that has materially affected, or is
reasonably likely to materially affect, our internal control over
financial reporting.

                                      19
<PAGE>

     It should be noted that any system of controls, however well
designed and operated, can provide only reasonable and not absolute
assurance that the objectives of the system will be met. In addition,
the design of any control system is based in part upon certain
assumptions about the likelihood of future events.  Because of these and
other inherent limitations of control systems, there is only reasonable
assurance that our controls will succeed in achieving their stated goals
under all potential future conditions.

     Under current SEC guidelines, the requirements of Section 404 of
the Sarbanes-Oxley Act of 2002 (the "Act") will be effective for the
Company's quarter ending December 31, 2007.  In order to comply with the
Act, the Company will undertake a comprehensive effort, which includes
documentation and testing of the design and operation of its internal
control using the guidelines established by Internal Control -
Integrated Framework issued by the Committee of Sponsoring Organizations
of the Treadway Commission.  During the course of these activities, the
Company may identify certain internal control matters that management
believes should be improved.  These improvements, if necessary, will
likely include further formalization of existing policies and
procedures, improved segregation of duties, additional information
technology systems controls and additional monitoring controls.  Because
management has not presently determined whether these matters will
result in material weaknesses being identified in the Company's internal
control as defined by the Public Company Accounting Oversight Board, no
assurances can be given regarding the outcome of these efforts at the
present time.

                                   PART II
                              OTHER INFORMATION

                              ITEM 6.  EXHIBITS

     The following exhibits are included as part of this report:

     31.1 Rule 13a-14(a) Certification by Principal Executive Officer
     31.2 Rule 13a-14(a) Certification by Chief Financial Officer
     32.1 Section 1350 Certification of Principal Executive Officer
     32.2 Section 1350 Certification of Chief Financial Officer

                                  SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the registrant has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.
The Liquid Group, Inc.


Date:  May 16, 2006                     By /s/ Jason Daggett
                                           Jason Daggett, President
                                           (Principal Executive Officer)


Date:  May 15, 2006                     By /s/ Stephen G. Murphy
                                           Stephen G. Murphy, CFO
                                           (Principal Financial and
                                           Accounting Officer)



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