UNITED
      STATES


SECURITIES
      AND EXCHANGE COMMISSION


WASHINGTON,
      D.C.  20549





Form
      10-QSB





(Mark
      One)


[X]   QUARTERLY
      REPORT UNDER SECTION 13 OR 15(d) OF THE


SECURITIES
      EXCHANGE ACT OF 1934





For
      the
      quarterly period ended: Nov 30,
      2007





[  ]   TRANSITION
      REPORT UNDER SECTION 13 OR 15(d) OF THE


EXCHANGE
      ACT





For
      the
      transition period from __________ to __________


Commission
      file number  000-32247





1-900
      Jackpot,
      Inc.


(Exact
      name of small business issuer as


specified
      in its charter)





Nevada
            98-0219399(State
                or other jurisdiction of incorporation or organization)
            (IRS
                Employer Identification No.)








3838
      Raymert Drive, Suite 3,
      Las Vegas, NV  89121


(Address
      of principal executive offices)





(604)
      575-0050


Issuer's
      telephone number


_______________________________________________________________


(Former
      name, former address and former fiscal year, if changed since last
      report.)





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





APPLICABLE
      ONLY TO ISSUERS INVOLVED IN BANKRUPTCY


PROCEEDING
      DURING THE PRECEDING FIVE YEARS





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





APPLICABLE
      ONLY TO CORPORATE ISSUERS





State
      the number of shares outstanding
      of each of the issuer's classes of common equity, as of the latest practical
      date: November 30,
      2007     155,858,285





Transitional
      Small Business Disclosure
      Format (check one). Yes  o
      ;  No x








1


Item
      1.  Financial Statements




1-900
                  JACKPOT,
                  INC.(A
                  Development Stage
                  Company)BALANCE
                  SHEETS(Unaudited)November
                  30,
              
              
              August,
                  312007
              
              
              2007AssetsCash
                  and Cash
                  Equivalents
              
              $
              625,739
              
              
              
              715,827Marketable
                  securities
              
              
              233,899
              
              
              
              289,431Prepaid
                  expenses
              
              
              -
              
              
              
              6,446Total
                  Current
                  Assets
              
              
              859,638
              
              
              
              1,011,704Lottery
                  Assets
              
              
              1
              
              
              
              1Total
                  Other
                  Assets
              
              
              1
              
              
              
              1Fixed
                  AssetsAuto
              
              
              76,709
              
              
              
              -Accumulated
                  Deprecation
              
              
              (2,558
              )
              
              
              -Total
                  Fixed
                  Assets
              
              
              74,151
              
              
              
              -Total
                  Assets
              
              $
              933,790
              
              
              
              1,011,705Liabilities
                  and Shareholders’
                  Equity LiabilitiesAccounts
                  payable
              
              $
              5,578
              
              
              
              10,300Total
                  Current
                  Liabilities
              
              
              5,578
              
              
              
              10,300Total
                  Liabilities
              
              
              5,578
              
              
              
              10,300Stockholders'
                  EquityPreferred
                  Stock, Par Value $.001,
                  Authorized1,000,000
                  shares, Issued
                  0
              
              
              -
              
              
              
              -Common
                  Stock, Par Value $.001,
                  Authorized 400,000,000Shares,
                  Issued at November 30,
                  2006 andAugust
                  31, 2007 -
                  155,858,285
              
              
              155,858
              
              
              
              155,858Paid-in
                  Capital
              
              
              4,506,878
              
              
              
              4,506,878Treasury
                  Stock at
                  Cost
              
              
              (6,373
              )
              
              
              -Cumulative
                  Other Comprehensive
                  Income
              
              
              (441,134
              )
              
              
              (385,602
              )Retained
                  Deficit
              
              
              (5,912
              )
              
              
              (5,912
              )Deficit
                  Accumulated During the
                  Development Stage
              
              
              (3,281,105
              )
              
              
              (3,269,817
              )Total
                  Stockholders'
                  Equity
              
              
              928,212
              
              
              
              1,001,405Total
                  Liabilities and
                  Stockholders' Equity
              
              $
              933,790
              
              
              
              1,011,705The
                  accompanying notes are an
                  integral part of these financial statements.
  2
  1-900
                  JACKPOT,
                  INC.(A
                  Development Stage
                  Company)STATEMENTS
                  OF
                  OPERATIONS(Unaudited)CumulativeSinceSeptember
                  1,2001For
                  the three months
                  ended
              
              
              Inception
                  ofNovember
                30
              
              
              Development2007
              
              
              2006
              
              
              StageRevenues
              
              $
              -
              
              
              $
              -
              
              
              $
              -ExpensesGeneral
                  and
                  administrative
              
              
              28,869
              
              
              
              74,992
              
              
              
              522,178Depreciation
              
              
              2,558
              
              
              
              -
              
              
              
              2,558Net
                  Operating
                  Loss
              
              
              (31,427
              )
              
              
              (74,992
              )
              
              
              (524,736
              )Other
                  Income
                  (Expenses)Interest
                  Income
              
              
              7,199
              
              
              
              9,098
              
              
              
              57,987Interest
                  Expense
              
              
              -
              
              
              
              -
              
              
              
              (4
              )Dividend
                  Income
              
              
              12,940
              
              
              
              23,545
              
              
              
              109,071Gain
                  on sale of
                  investment
              
              
              -
              
              
              
              -
              
              
              
              3,221Impairment
                  loss on intangible
                  assets
              
              
              -
              
              
              
              -
              
              
              
              (9,999
              )Net
                  Other
                  Income
              
              
              20,139
              
              
              
              32,643
              
              
              
              160,276Net
                  Loss from Continuing
                  Operations
              
              
              (11,288
              )
              
              
              (42,349
              )
              
              
              (364,460
              )Discontinued
                  OperationsLoss
                  on Sales of
                  Subsidiary
              
              
              -
              
              
              
              -
              
              
              
              (2,916,645
              )Net
                  Loss
              
              $
              (11,288
              )
              
              $
              (42,349
              )
              
              $
              (3,281,105
              )Other
                  Comprehensive
                  LossUnrealized
                  Loss on available for
                  sale securities
              
              
              (55,532
              )
              
              
              (201,617
              )
              
              
              (447,384
              )Total
                  Comprehensive
                  Loss
              
              $
              (66,820
              )
              
              $
              (243,966
              )
              
              $
              (3,728,489
              )Net
                  Loss Available to
                  Shareholder
              
              $
              (11,288
              )
              
              $
              (42,349
              )Basic
&
Diluted
                  Loss per
                  Share
              
              
              -
              
              
              
              -Weighted
                  Average Shares
                  Outstanding
              
              
              155,858,285
              
              
              
              115,056,425The
                  accompanying notes are an
                  integral part of these financial statements.
  3
  1-900
                  JACKPOT,
                  INC.(A
                  Development Stage
                  Company)STATEMENTS
                  OF CASH
                  FLOWS(Unaudited)CumulativeSinceSeptember
                  1,2001For
                  the three months
                  ended
              
              
              Inception
                  ofNovember
                  30
              
              
              Development2007
              
              
              2006
              
              
              StageCASH
                  FLOWS FROM OPERATING
                  ACTIVITIES:Net
                  Loss per the
                  period
              
              $
              (11,288
              )
              
              $
              (42,349
              )
              
              $
              (3,281,105
              )Depreciation
              
              
              2,558
              
              
              
              -
              
              
              
              2,558Gain
                  on Sale of
                  Investments
              
              
              -
              
              
              
              -
              
              
              
              (3,221
              )Impairment
                  loss on intangible
                  assets
              
              
              -
              
              
              
              -
              
              
              
              9,999(Increase)
                  Decrease in Prepaid
                  Expenses
              
              
              6,446
              
              
              
              1,991
              
              
              
              -(Increase)
                  Decrease in Withholding
                  Taxes
              
              
              -
              
              
              
              (3,532
              )
              
              
              -Increase
                  (Decrease) in Accounts
                  Payable
              
              
              (4,722
              )
              
              
              3,216
              
              
              
              5,578Net
                  Loss from Discontinued
                  Operations
              
              
              -
              
              
              
              -
              
              
              
              2,916,645Net
                  Cash Used on Operating
                  Activities
              
              
              (7,006
              )
              
              
              (40,674
              )
              
              
              (349,546
              )CASH
                  FLOWS FROM INVESTING
                  ACTIVITESPurchase
                  of Available-for-Sale
                  Securities
              
              
              -
              
              
              
              -
              
              
              
              (720,977
              )Purchase
                  of Fixed
                  Assets
              
              
              (76,709
              )
              
              
              -
              
              
              
              (76,709
              )Sale
                  of Available-for-Sale
                  Securities
              
              
              -
              
              
              
              -
              
              
              
              42,915Net
                  Cash Provided by Investing
                  Activities
              
              
              (76,709
              )
              
              
              -
              
              
              
              (754,771
              )CASH
                  FLOWS FROM FINANCING
                  ACTIVITIES:Purchase
                  of Treasury
                  Stock
              
              
              (6,373
              )
              
              
              -
              
              
              
              (168,850
              )Proceeds
                  from sale of treasury
                  stock
              
              
              -
              
              
              
              -
              
              
              
              164,798Proceeds
                  from
                  Loans
              
              
              -
              
              
              
              -
              
              
              
              1,734,108Net
                  Cash Provided by Financing
                  Activities
              
              
              (6,373
              )
              
              
              -
              
              
              
              1,730,056Net
                  (Decrease) Increase in Cash
                  and Cash Equivalents
              
              
              (90,088
              )
              
              
              (40,674
              )
              
              
              625,739Cash
                  and Cash Equivalents at
                  Beginning of Period
              
              
              715,827
              
              
              
              861,328
              
              
              
              -Cash
                  and Cash Equivalents at end
                  of Period
              
              $
              625,739
              
              
              $
              820,654
              
              
              $
              625,739SUPPLEMENTAL
                  DISCLOSURE OF CASH
                  FLOW INFORMATION:Cash
                  paid during the year
                  for:Interest
              
              $
              -
              
              
              $
              -
              
              
              $
              4Franchise
                  and Income
                  Taxes
              
              $
              -
              
              
              $
              -
              
              
              $
              -SUPPLEMENTAL
                  DISCLOSURE OF
                  NON-CASH INVESTING AND FINANCING ACTIVITIES:Stock
                  issued for Payment on
                  Loan
              
              $
              -
              
              
              $
              -
              
              
              $
              1,734,108Issued
                  Common Stock for Intangible
                  Asset
              
              $
              -
              
              
              $
              -
              
              
              $
              10,000The
                  accompanying notes are an
                  integral part of these financial statements.
  4





1-900
      JACKPOT,
      INC.


(A
      Development Stage
      Company)


NOTES
      TO FINANCIAL
      STATEMENTS


(Unaudited)





NOTE
      1 - ORGANIZATION AND
      SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES





This
      summary of accounting policies for
      1-900 Jackpot, Inc. (a development stage company) is presented to assist in
      understanding the Company's financial statements.  The accounting
      policies conform to generally accepted accounting principles and have been
      consistently applied in the preparation of the financial
      statements.





Going
      Concern





The
      accompanying financial statements
      have been prepared on the basis of accounting principles applicable to a “going
      concern”, which assume that the Company will continue in operation for at least
      one year and will be able to realize its assets and discharge its liabilities
      in
      the normal course of operations.





Several
      conditions and events cast
      doubt about the Company’s ability to continue as a “going
      concern”.  The Company had a wholly owned operating subsidiary that
      has now been abandoned because of recurring losses.  The Company has
      no source of revenue, has suffered recurring losses from operations, has a
      deficit accumulated during the development stage and requires additional
      financing in order to finance its business activities on an ongoing
      basis.  The Company is actively pursuing alternative financing and has
      had discussions with various third parties, although no firm commitments have
      been obtained.  In the interim, shareholders of the Company have
      committed to meeting its minimal operating expenses.





The
      Company’s future capital
      requirements will depend on numerous factors including, but not limited to,
      the
      Company receiving continued financial support, completing public equity
      financing, or generating profitable operations in the future.





These
      financial statements do not
      reflect adjustments that would be necessary if the Company were unable to
      continue as a “going concern”.  While management believes that the
      actions already taken or planned, will mitigate the adverse conditions and
      events which raise doubt about the validity of the “going concern” assumption
      used in preparing these financial statements, there can be no assurance that
      these actions will be successful.





If
      the Company were unable to continue
      as a “going concern”, then substantial adjustments would be necessary to the
      carrying values of assets, the reported amounts of its liabilities, the reported
      expenses, and the balance sheet classifications used.





5





1-900
      JACKPOT,
      INC.


(A
      Development Stage
      Company)


NOTES
      TO FINANCIAL
      STATEMENTS


(Unaudited)





NOTE
      1 - ORGANIZATION AND
      SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)





Interim
      Reporting





The
      unaudited financial statements as
      of November 30, 2007 and for the three month period then ended reflect, in
      the
      opinion of management, all adjustments (which include only normal recurring
      adjustments) necessary to fairly state the financial position and results of
      operations for the three and six months.  Operating results for
      interim periods are not necessarily indicative of the results which can be
      expected for full years.





Organization
      and Basis of
      Presentation





The
      Company was incorporated under the
      laws of the State of Nevada on August 20, 1999.  On August 20, 1999,
      the shareholders of the Company entered into an agreement to transfer all of
      their shares in Pultronex Corporation of Alberta to Pultronex Corporation of
      Nevada in exchange for shares of Pultronex Corporation of Nevada.  As
      a result of that exchange, Pultronex Corporation of Alberta became a wholly
      owned subsidiary of Pultronex Corporation of Nevada.  For financial
      statement purposes, the Company is considered to be a continuation of Pultronex
      Corporation of Alberta.  Therefore, the financial statement for the
      period ended August 31, 1999 include the results of operations of Pultronex
      Corporation of Alberta from the beginning of the period.  Comparative
      figures for the period ended December 31, 1998 are those of Pultronex
      Corporation of Alberta from April 2, 1998, the date it commenced
      operations.  Subsequently, on September 1, 2001, the Company disposed
      of Pultronex Corporation of Alberta and entered the development
      stage.





On
      July 12, 2005, Pultronex Corporation
      changed its name to 1-900 Jackpot, Inc.





Nature
      of
      Business





The
      Company has no products or services
      as of November 30, 2007.  The Company was organized as a vehicle to
      seek merger or acquisition candidates.  The Company intends to acquire
      interests in various business opportunities, which in the opinion of management
      will provide a profit to the Company.





The
      Company has acquired certain
      Intellectual Lottery Product assets in exchange for stock. The Company intends
      to license these products to various government-run lotteries and private and
      public companies that are seeking new products for their
      operations.





6


1-900
      JACKPOT,
      INC.


(A
      Development Stage
      Company)


NOTES
      TO FINANCIAL
      STATEMENTS


(Unaudited)





NOTE
      1 - ORGANIZATION AND
      SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)





Cash
      and Cash
      Equivalents





For
      purposes of the statement of cash
      flows, the Company considers all highly liquid debt instruments purchased with
      a
      maturity of 90 days or less to be cash equivalents to the extent the funds
      are
      not being held for investment purposes.





Loss
      per
      Share





Basic
      earnings (loss) per share has
      been computed by dividing the income (loss) for the year applicable to the
      common stockholders by the weighted average number of common shares outstanding
      during the years.  There were no common stock equivalents outstanding
      as of November 30, 2007 and 2006.





Pervasiveness
      of
      Estimates





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





Concentration
      of Credit
      Risk





The
      Company has no significant
      off-balance-sheet concentrations of credit risk such as foreign exchange
      contracts, options contracts or other foreign hedging
      arrangements.  The Company maintains the majority of its cash balances
      with one financial institution, in the form of marketable securities. At times,
      such investments may be in excess of any insurance limit.





Foreign
      Currency
      Translation





The
      Company’s functional currency is
      the Canadian dollar and the reporting currency is the U.S.
      dollar.  Monetary assets and liabilities resulting from transactions
      with foreign suppliers and customers are translated at year end exchange rates
      while income and expense accounts are translated at average rates in effect
      during the year.  Gains and losses on translations are included in
      income.





7





1-900
      JACKPOT,
      INC.


(A
      Development Stage
      Company)


NOTES
      TO FINANCIAL
      STATEMENTS


(Unaudited)





NOTE
      1 - ORGANIZATION AND
      SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)





Income
      Taxes





The
      Company has a net operating loss
      for income taxes.  Due to the regulatory limitation in utilizing the
      loss, it is uncertain whether the Company will be able to realize a benefit
      from
      theses losses.  Therefore, a deferred tax asset has not been
      recorded.  There are no significant tax differences requiring
      deferral.





Reclassifications





Certain
      reclassifications have been made in the 2006 financial statements to conform
      with the 2007 presentation.





Fair
      Value of Financial
      Instruments





The
      carrying value of the Company's
      financial instruments, including cash and accounts payable at November 30,
      2007
      approximates their fair values. The carrying values of marketable securities
      available for sale are based on quoted market prices.





Intangible
      Assets





The
      Company has adopted the Financial
      Accounting Standards Board SFAS No. 142, “Goodwill and Other Intangible Assets”
SFAS 142 requires, among other things, that companies no longer amortize
      goodwill, but instead test goodwill for impairment at least annually. In
      addition, SFAS 142 requires that the Company identify reporting units for the
      purposes of assessing potential future impairments of goodwill, reassess the
      useful lives of other existing recognized intangible assets, and cease
      amortization of intangible assets with an indefinite useful life. An intangible
      asset with an indefinite useful life should be tested for impairment in
      accordance with the guidance of SFAS 142.





November
                30,Intangible
                Asset
            
            2007
            
            
            2006
            
            Amortization
                PeriodLottery
                Assets
            
            $
            1
            
            
            $
            10,000
            
            IndefiniteTotal
            
            $
            1
            
            
            $
            10,000





8





1-900
      JACKPOT,
      INC.


(A
      Development Stage
      Company)


NOTES
      TO FINANCIAL
      STATEMENTS


(Unaudited)





NOTE
      1 - ORGANIZATION AND
      SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)





Depreciation





Fixed
      assets are stated at cost.  Depreciation and amortization are computed
      using the straight-line method over the estimated economic useful lives of
      the
      related assets as follows:





Vehicles
            5-7
                years





Maintenance
      and repairs are charged to operations; betterments are
      capitalized.  The cost of property sold or otherwise disposed of and
      the accumulated depreciation thereon are eliminated from the property and
      related accumulated depreciation accounts, and any resulting gain or loss is
      credited or charged to income.





NOTE
      2-
      INVESTMENTS





Available-for-Sale
      Securities





The
      Company’s securities investment
      that are bought are held for an indefinite period of time and are classified
      as
      available-for-sale securities. Available securities are recorded at fair value
      on the balance sheet in current assets, with the change in fair value during
      the
      period excluded from earnings and recorded net of tax as a component of other
      comprehensive income.





Investments
      in securities are
      summarized as follows:





November
                30, 2007Gross
                Unrealized Gain
            
            
            Gross
                Unrealized Loss
            
            
            Fair
                ValueAvailable-for-sale
                securities
            
            $
            -
            
            
            $
            447,384
            
            
            $
            233,899November
                30, 2006Gross
                Unrealized Gain
            
            
            Gross
                Unrealized Loss
            
            
            Fair
                ValueAvailable-for-sale
                securities
            
            $
            -
            
            
            $
            279,356
            
            
            $
            395,676





9





1-900
      JACKPOT,
      INC.


(A
      Development Stage
      Company)


NOTES
      TO FINANCIAL
      STATEMENTS


(Unaudited)





NOTE
      2- INVESTMENTS
      (Continued)





Realized
      Gains and losses are determined on the basis of specific
      identification.  During the three months ended November 30, 2007 and
      2006, sales proceeds and gross realized gains and losses on securities
      classified as available-for-sale securities were:





For
                the Three Months EndedNovember
                302007
            
            
            2006Sale
                Proceeds
            
            $
            -
            
            
            $
            -Gross
                Realized Losses
            
            $
            -
            
            
            $
            -Gross
                Realized Gains
            
            $
            -
            
            
            $
            -





NOTE
      3 - DEVELOPMENT STAGE
      COMPANY





The
      Company has not begun principal
      operations and as is common with a development stage company, the Company has
      had recurring losses during its development stage.





NOTE
      4- RELATED PARTY
      TRANSACTIONS





During
      the previous year, the Company
      engaged a Company to manage its Internet and Web Site services. This Company
      employs Mr. Justin Fisher who is the son of 1-900 Jackpot, Inc.’s CEO. The total
      of the services purchased during the three months ended November 30, 2007 and
      2006 was $0 and $10,000, respectively.





NOTE
      5 - SUBSEQUENT
      EVENTS





On
      December 16, 2007 the Company
      entered into a Letter of Intent to acquire of the global assets of New
      York-based Exmocare LLC, whose Bluetooth-enabled vital sign wristwatch service
      has been augmenting health and location monitoring of the elderly since
      mid-2006. Exmocare’s assets include all worldwide patents pending, copyrights,
      manufacturing, marketing, distribution and licensing rights for Exmocare’s
      wristworn wireless biosensing technologies. The shareholders of 1-900 Jackpot
      Inc have agreed to change the company’s name, and have nominated Exmocare
      founder David Bychkov as the new President of Exmocare Inc. Cheyenne Crow,
      Exmocare’s Vice President of Government and Corporate sales, will be named VP
      and Chief Operating Officer. Exmocare Inc will further develop its wristwatch
      line to address the growing epidemics of diabetes and obesity, and expand its
      distribution networks to 190 new countries over the next 3
      years.


10


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





This
      Quarterly Report contains certain
      forward-looking statements within the meaning of Section 27A of the Securities
      Act of 1933, as amended, and Section 21E of the Securities Exchange Act of
      1934,
      as amended, which are intended to be covered by the safe harbors created
      thereby.  Investors are cautioned that all forward-looking statements
      involve risks and uncertainty, including without limitation, the ability of
      the
      Company to continue its expansion strategy, changes in costs of raw materials,
      labor, and employee benefits, as well as general market conditions, competition
      and pricing.  Although the Company believes that the assumptions
      underlying the forward-looking statements contained herein are reasonable,
      any
      of the assumptions could be inaccurate, and therefore, there can be no assurance
      that the forward-looking statements included in this Quarterly Report will
      prove
      to be accurate.  In light of the significant uncertainties inherent in
      the forward-looking statements included herein, the inclusion of such
      information should not be regarded as a presentation by the Company or any
      other
      person that the objectives and plans of the Company will be
      achieved.





Background
      and Overview





On
      February 12, 2002, the Company
      entered into an agreement to sell the business of its Canadian operatingsubsidiary to an unrelated
      third party. The sale agreement included substantially all assets and operations
      of the consolidated entity with the exception of cash, accounts receivable
      and
      raw materials inventory. Gross proceeds from the sale were approximately
      $420,000 (CAN$650,000). As the sale included substantially allassets and operations
      of the business
      the Company effectively discontinued operationson February 12,
      2002.





As
      a consequence of the above
      agreement, management has abandoned the operations of the subsidiary company
      (Pultronex Corporation of Alberta) and has finalized an orderly wind-up of
      the
      affairs of the subsidiary and the
      parent company (1-900 Jackpot, Inc. (formerly Pultronex Corporation) ofNevada)
      has become totally
      inactive.





All
      subsequent filings of the company
(1-900 Jackpot, Inc. (formerly
      Pultronex Corporation) of Nevada) will reflect the fact the subsidiary company
      (Pultronex Corporation of Alberta) has been abandoned and the financial results
      of the subsidiary shall be longer be consolidated into the financial statements
      of the reporting entity (1-900 Jackpot, Inc. (formerly Pultronex Corporation)
      of
      Nevada).





Plan
      of Operations





As
      used herein the term “Company”
refers to 1-900 Jackpot, Inc. (formerly Pultronex Corporation), a Nevada
      corporation and its predecessors, unless the context indicates otherwise. The
      Company is currently a shell company whose purpose is to acquire operations
      through an acquisition or merger or to begin its own start-up
      business.





11


The
      Company is in the process of
      attempting to identify and acquire a favorable business
      opportunity.  The Company has reviewed and evaluated a number of
      business ventures for possible acquisition or participation by the
      Company.  The Company has not entered into any agreement, nor does it
      have any commitment or understanding to enter into or become engaged in a
      transaction as of the date of this filing.  The Company continues to
      investigate, review, and evaluate business opportunities as they become
      available and will seek to acquire or become engaged in business opportunities
      at such time as specific opportunities warrant.





The
      Company had no sales or sales
      revenues for the three months ended November 30, 2007 or 2006.





The
      Company had no costs of sales
      revenues for the three months ended November 30, 2007 or 2006. The Company
      had
      general and administrative expenses of $28,869 for the three month period ended
      November 30, 2007 and $74,992 for the same period in 2006.





Capital
      Resources and Liquidity





At
      November 30, 2007, the Company had
      total current assets of $859,638 and total assets of $933,790 as compared to
      $1,011,704 current assets and $1,011,705 total assets at August 31,
      2007.  The Company had a net working capital surplus of $854,060 at
      November 30, 2007 and $1,001,404 at August 31, 2007. Net stockholders’ equity in
      the Company was $928,212 as of November 30, 2007 and $1,001,405 at August 31,
      2007.





Item
      3.  Controls and Procedures





The
      Company’s Chief Executive Officer and Chief Financial Officer are responsible
      for establishing and maintaining disclosure controls and procedures for the
      company.





(a)
      Evaluation of Disclosure Controls
      and Procedures





As
      of the end of the reporting period
      covered by this report, the company carried out an evaluation, under the
      supervision of the participation of the Company’s management, including the
      Company’s President, of the effectiveness of the design and operation of the
      Company’s disclosure controls and procedures pursuant to Rule 13a-15 under the
      Securities Exchange Act of 1934, as amended (the “Exchange Act”). Based upon the
      evaluation, the Company’s President concluded that, as of the end of the period,
      the Company’s disclosure controls and procedures were effective in timely
      alerting him to material information relating to the Company required to be
      included in the reports that the Company files and submits pursuant to the
      Exchange Act.





(b)
      Changes in Internal
      Control





Based
      on his evaluation as of November
      30, 2007, there were no significant changes in the Company’s internal control
      over financial reporting or any other areas that could significantly affect
      the
      Company’s internal control subsequent to the date of his most recent evaluation,
      including any corrective actions with regard to significant deficiencies and
      material weaknesses.


12


PART
      II - OTHER INFORMATION





ITEM
      1.  LEGAL PROCEEDINGS





None.





ITEM
      2.  CHANGES IN SECURITIES





None.





ITEM
      3.  DEFAULTS UPON SENIOR SECURITIES





None/Not
      Applicable.





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





None/Not
      Applicable.





ITEM
      5.  OTHER INFORMATION





None/Not
      Applicable


13


ITEM
      6.  EXHIBITS AND REPORTS ON FORM 8-K





(a)  EXHIBITS




The
      following documents are filed
      herewith or have been included as exhibits to previous filings with the
      Commission and are incorporated herein by this reference:





Exhibit
                No.
            Exhibit3.1
            Articles
                of Incorporation (1)3.2
            Bylaws
                (1)31.1
            Certification
                Pursuant to Section 302 of the Sarbanes-Oxley Act of
                2002.31.2
            Certification
                Pursuant to Section 302 of the Sarbanes-Oxley Act of
                2002.32.1
            Certification
                Pursuant to Section 906 of the Sarbanes-Oxley Act of
                2002.32.2
            Certification
                Pursuant to Section 906 of the Sarbanes-Oxley Act of
                2002.





(b)           
      Reports on Form 8-K. No reports on Form 8-K were filed during the period covered
      by this Form 10-QSB.





(1)           
      Incorporated herein by reference from Registrant’s Form SB-2, Registration
      Statement, dated February 22, 2000.











14


SIGNATURES





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





1-900
      Jackpot, Inc.








/s/
      Brian
      Fisher


Brian
      Fisher


President
      and Director


(Principal
      Executive Officer)








/s/
      Brian
      Fisher


Brian
      Fisher


Chief
      Financial Officer, Secretary and Director


(Principal
      Financial Officer)










15