**UNITED
      STATES**


**SECURITIES
      AND EXCHANGE COMMISSION**


WASHINGTON,
      D.C. 20549


**_______________**





**FORM
      10-QSB**





**X                      QUARTERLY
      REPORT UNDER SECTION 13 OR 15(d)**


**OF
      THE SECURITIES EXCHANGE ACT OF 1934**





**For the Quarterly Period Ended June
      30, 2007**





**OR**





**TRANSITION
      REPORT UNDER SECTION 13 OR 15(d)**


**OF
      THE EXCHANGE ACT**





**____________________**





Commission
      File Number 000-30479


**ETELCHARGE.COM,
      INC.**


(Exact
      name of small business issuer as specified in its charter)








**Nevada**
              **75-2847699**(State
                  or other jurisdiction of
              (I.R.S.
                  Employerincorporation
                  or organization)
              Identification
                  No.)
  **1636
                  N. Hampton, Suite 270, Desoto, Texas**
              **75115**(Address
                  of principal executive
                  office)
              (Zip
                  Code)





Issuer’s
      telephone number: **(972)298-3800**





Indicate
      by check mark whether the registrant (1) has filed all reports required to
      be
      filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
      the
      preceding 12 months (or for such shorter period that the registrant was required
      to file such reports), and (2) has been subject to such filing requirements
      for
      the past 90 days.


Yes    X        No





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





The
      number of shares of the issuer’s common stock outstanding as of
      August  06, 2007 was 221,906,459.


Transitional
      Small Business Disclosure Format (Check One): YesNoX




-1-




**Item
      1. Financial Statements**





**ETELCHARGE.COM,
                INC.****(A
                Development Stage Company)****BALANCE
                SHEETS****(Unaudited)****June
                30,**
            ****
            ****
            **December
                31,**
            ********
            ****
            **2007**
            ****
            ****
            **2006****ASSETS**Current
                assets:Cash
            
            $
            18,761
            
            
            $
            1,672Fixed
                assets, net of accumulated depreciation of $52,173 and
                $50,821
            
            
            2,266
            
            
            
            3,618Deposits
            
            
            1,980
            
            
            
            1,980Total
                assets
            
            $
            23,007
            
            
            $
            7,270**LIABILITIES
                AND STOCKHOLDERS' DEFICIT**Current
                liabilities:Accrued
                expenses
            
            $
            101,213
            
            
            $
            82,009Payroll
                tax obligation
            
            
            191,334
            
            
            
            172,517Accounts
                payable
            
            
            126,967
            
            
            
            122,933Note
                payable to shareholder
            
            
            324,289
            
            
            
            336,279Short
                term debt
            
            
            2,157
            
            
            
            152,763Stock
                payable
            
            
            36,500
            
            
            
            -Total
                current liabilities
            
            
            782,460
            
            
            
            866,501Commitments
            
            
            -
            
            
            
            -Stockholders'
                deficit:Common
                stock, $.003 par value, 400,000,000 shares authorized,221,906,459
                and 138,430,059 shares issued and outstanding
            
            
            665,719
            
            
            
            415,290Additional
                paid in capital
            
            
            12,611,906
            
            
            
            11,471,239Deficit
                accumulated during the development stage
            
            
            (14,037,078
            )
            
            
            (12,745,760
            )Total
                stockholders' deficit
            
            
            (759,453
            )
            
            
            (859,231
            )Total
                liabilities and stockholders' deficit
            
            $
            23,007
            
            
            $
            7,270See
                accompanying notes to the financial statements






-2-




**ETELCHARGE.COM,
                  INC.****(A
                  Development Stage Company)****STATEMENTS
                  OF OPERATIONS****(Unaudited)****June
                  7, 1999******
              ****
              ****
              ****
              **Six
                  months ended**
              ****
              **Three
                  months ended**
              ****
              **(Inception)
                  to******
              ****
              ****
              ****
              **June
                  30,**
              ****
              **June
                  30,**
              ****
              **June
                  30,******
              ****
              ****
              ****
              **2007**
              ****
              **2006**
              ****
              **2007**
              ****
              **2006**
              ****
              **2007**Revenues
              
              $
              18,652
              $
              16,513
              $
              7,102
              $
              8,992
              $
              72,594Operating
                  expenses
              
              651,594
              
              261,428
              
              379,707
              
              138,828
              
              13,422,706Net
                  loss from operations
              (632,942)
              
              (244,915)
              
              (372,605)
              
              (129,836)
              
              (13,350,112)Other
                  income
              
              -
              
              -
              
              -
              
              -
              
              60,200Loss
                  on extinguishment of debt
              (642,754)
              
              -
              
              -
              
              -
              
              (642,754)Interest
                  expense
              
              (15,622)
              
              (15,318)
              
              (7,695)
              
              (8,771)
              
              (104,412)Net
                  loss
              
              $
              $
                  (1,291,318)
              $
              (260,233)
              $
              (380,300)
              $
              (138,607)
              $
              (14,037,078)Basic
                  and diluted net loss per
                  share                         
                  $
              $          (0.01)
              $
              (0.00)
              $
              (0.00)
              $
              (0.00)Weighted
                  average shares outstanding
              182,310,815
              
              129,698,214
              
              215,840,525
              
              129,738,746See
                  accompanying notes to the financial
                  statements




-3-




**ETELCHARGE.COM,
                INC.****(A
                Development Stage Company)****STATEMENTS
                OF CASH FLOWS****(Unaudited)****June
                7, 1999**
            ********
            ****
            **Six
                months ended**
            ****
            ****
            **(Inception)
                to**
            ********
            ****
            **June
                30,**
            ****
            ****
            **June
                30,**
            ********
            ****
            **2007**
            ****
            ****
            **2006**
            ****
            ****
            **2007**CASH
                FLOWS FROM OPERATING ACTIVITIES:Net
                loss
            
            $
            (1,291,318
            )
            
            $
            (260,233
            )
            
            $
            (14,037,078
            )Adjustments
                to reconcile net loss to netcash
                used in operating activities:Amortization
                and depreciation
            
            
            1,352
            
            
            
            1,221
            
            
            
            115,173Stock-based
                compensation
            
            
            471,138
            
            
            
            27,000
            
            
            
            8,396,268Imputed
                interest
            
            
            13,126
            
            
            
            11,747
            
            
            
            51,467Loss
                on extinguishment of debt
            
            
            642,754
            
            
            
            -
            
            
            
            642,754Changes
                in:Other
                assets
            
            
            -
            
            
            
            -
            
            
            
            (1,980
            )Accounts
                payable
            
            
            4,034
            
            
            
            (3,445
            )
            
            
            126,966Accrued
                expenses
            
            
            26,137
            
            
            
            63,858
            
            
            
            2,767,287Payroll
                tax obligation
            
            
            18,817
            
            
            
            10,466
            
            
            
            191,335Net
                cash used in operating activities
            
            
            (113,960
            )
            
            
            (149,386
            )
            
            
            (1,747,808
            )CASH
                FLOWS FROM INVESTING ACTIVITIESPurchase
                of property and equipment
            
            
            -
            
            
            
            (1,050
            )
            
            
            (49,639
            )Net
                cash used in investing activities
            
            
            -
            
            
            
            (1,050
            )
            
            
            (49,639
            )CASH
                FLOWS FROM FINANCING ACTIVITIES:Proceeds
                from sales of common stock
            
            
            143,332
            
            
            
            -
            
            
            
            1,455,949Net
                loan proceeds from shareholder
            
            
            (11,990
            )
            
            
            52,579
            
            
            
            324,289Proceeds
                from notes payable-other
            
            
            -
            
            
            
            86,301
            
            
            
            153,233Payments
                on notes payable-other
            
            
            (293
            )
            
            
            (85
            )
            
            
            (763
            )Payment
                on payable to related party for asset purchase
            
            
            -
            
            
            
            -
            
            
            
            (116,500
            )Net
                cash provided by financing activities
            
            
            131,049
            
            
            
            138,795
            
            
            
            1,816,208NET
                CHANGE  IN CASH AND CASH EQUIVALENTS
            
            
            17,089
            
            
            
            (11,641
            )
            
            
            18,761CASH
                AND CASH EQUIVALENTS, beginning of period
            
            
            1,672
            
            
            
            13,671
            
            
            
            -CASH
                AND CASH EQUIVALENTS, end of period
            
            $
            18,761
            
            
            $
            2,030
            
            
            $
            18,761


Supplemental
                schedule of non-cash financing activities:Issuance
                of common stock in exchange forreceivable
                from shareholder
            
            $
            -
            
            
            $
            -
            
            
            $
            1,000Issuance
                of payable to related party in exchangefor
                proprietary rights
            
            
            -
            
            
            
            -
            
            
            
            116,500Property
                and equipment acquired throughissuance
                of common stock
            
            
            -
            
            
            
            -
            
            
            
            4,800Issuance
                of common stock for accrued compensation
            
            
            7,150
            
            
            
            9,000
            
            
            
            2,718,824Issuance
                of common stock for pending stocksubscriptions
            
            
            -
            
            
            
            5,213
            
            
            
            153,220Issuance
                of common stock for retirement of debt
            
            
            150,313
            
            
            
            -
            
            
            
            150,313Supplemental
                cash flow disclosures:Cash
                paid for income taxes
            
            
            -
            
            
            
            -
            
            
            
            -Cash
                paid for interest
            
            
            2,496
            
            
            
            2,225
            
            
            
            13,168See
                accompanying notes to the financial statements.




-4-




**ETELCHARGE.COM,
      INC.**


**(A
      Development Stage Company)**


**NOTES
      TO FINANCIAL STATEMENTS**










**NOTE
      1-BASIS OF PRESENTATION**




The
      accompanying unaudited interim consolidated financial statements of
      Etelcharge.com, Inc. have been prepared in accordance with accounting principles
      generally accepted in the United States of America and the rules of the
      Securities and Exchange Commission, and should be read in conjunction with
      the
      audited financial statements and notes thereto contained in Etelcharge’s Annual
      Report filed with the SEC on Form 10-KSB. In the opinion of management, all
      adjustments, consisting of normal recurring adjustments, necessary for a fair
      presentation of financial position and the results of operations for the interim
      periods presented have been reflected herein. The results of operations for
      interim periods are not necessarily indicative of the results to be expected
      for
      the full year. Notes to the financial statements that would substantially
      duplicate the disclosure contained in the audited financial statements for
      2006
      as reported in the 10-KSB have been omitted.




**NOTE
      2 – GOING CONCERN**





As
      shown
      in the accompanying financial statements, Etelcharge incurred net losses of
      $1,291,318 for the six months ended June 30, 2007, and has an accumulated
      deficit of $14,037,078 and a working capital deficit of $763,699 at June 30,
      2007. These conditions raise substantial doubt as to Etelcharge’s ability to
      continue as a going concern. Management is trying to raise additional capital
      through sales of common stock. The financial statements do not include any
      adjustments that might be necessary if Etelcharge is unable to continue as
      a
      going concern.




**NOTE
      3 – ACCRUED COMPENSATION AND STOCK PAYABLE**




During
      the three months ending June 30, 2007, Etelcharge received $36,500 in cash
      in connection with a stock subscription agreement for the purchase of
      14,000,000 shares of common stock..




Under
      various agreements, Etelcharge issues stock as compensation to employees and
      outside consultants for services performed during the period. These shares
      are
      recorded at the fair value of the stock measured on the date or dates the
      services were rendered. In most cases, the shares are issued subsequent to
      the
      performance of the service. As such, Etelcharge accrues the compensation expense
      based on the fair value of the stock at the end of each month during the service
      period. During the three months ended March 31, 2007, Etelcharge issued 110,000
      shares of common stock to employees related to accrued compensation. In
      addition, Etelcharge recorded $3,451 and $22,997 in compensation expense related
      to accrued compensation for the three months ended March 31, 2007 and the six
      months ended June 30, 2007, respectively. At June 30, 2007, there were 1,350,064
      shares of common stock valued at $54,018 accrued for compensation, and $36,606
      accrued for cash compensation.




**NOTE
      4 – NOTE PAYABLE**





On
      March
      31, 2006, Etelcharge signed an unsecured promissory note to American Home Market
      in the amount of $250,000. During the year ended December 31, 2006, the lender
      advanced $150,313 under this note agreement. The note provided for an interest
      rate of 8% per annum, with interest-only payments commencing February 1, 2007.
      The principal balance was due on December 1, 2007. In connection with a demand
      notice received from American Home Market, Etelcharge issued 50,000,000 shares
      of common stock on March 20, 2007 in satisfaction of the note and accrued
      interest. The fair value of the common stock at the time of issuance was
      $800,000 based on the quoted market price on March 20, 2007. In connection
      with
      the settlement, Etelcharge recognized a loss on extinguishment of debt in the
      amount of $642,754 during the quarter ended March 31, 2007.




-5-




**NOTE
      5 - EQUITY**




***Common
      Stock***




During
      the three months ended March 31, 2007, Etelcharge issued:




12,000,000
      shares of common stock valued at $192,000 in connection with a consulting
      agreement covering the period from March 20, 2007 through April 20,
      2008




110,000
      shares of common stock for services valued at $1,760




5,366,400
      shares of common stock for cash in the amount of $26,832




50,000,000
      shares of common stock valued at $800,000 for extinguishment of debt (see Note
      4)




On
      May 7,
      2007, the Board of Directors approved a motion to increase the authorized common
      stock of Etelcharge by an additional 150,000,000 to 400,000,000.




During
      the three months ended June 30, 2007, Etelcharge issued 16,000,000 shares of
      common stock for cash in the amount of $80,000.




As
      of
      June 30, 2007, Etelcharge had received $6,500 in cash under a pending stock
      subscription agreement for the purchase of 2,000,000 shares of common stock
      for
      a total of $10,000. No shares will be issued until the remaining $3,500 is
      paid
      in full.




In
      addition, in June 2007 Etlelcharge received $30,000 in cash under a pending
      stock subscription for the purchase of 12,000,000 shares of common stock for
      a
      total of $60,000.




***Stock
      Options***





Etelcharge
      records compensation expense associated with stock options and other forms
      of
      equity compensation in accordance with Statement of Financial Accounting
      Standards (“SFAS”) No. 123R,*Share-Based Payment,* as interpreted
      by SEC Staff Accounting Bulletin No. 107.




On
      May
      11, 2007, Etelcharge granted 10,000,000 options, which vested immediately,
      pursuant to an employment agreement with Etelcharge’s new President and
      CEO.  The employment agreement also provides for an additional
      10,000,000 stock options to vest at 1,000,000 shares per month over a ten month
      period commencing with the new officer’s employment.  The options have
      an exercise price of $.011, a life of three years, and a fair value of $482,396.
      Of this amount, $277,378 was recorded as compensation expense in the quarter
      ended June 30, 2007 and $205,018 was deferred to recognize over the future
      periods in which the options vest and the services are being
      performed.





Variables
      used in the Black-Scholes option-pricing model during the three months ended
      June 30, 2007, include (1) 4.73% risk-free interest rate, (2) option life is
      the
      expected remaining life of the options as of each year end, (3) expected
      volatility of 219%, and (4) zero expected dividends.




**NOTE
      5- SUBSEQUENT EVENTS**




*Common
      Stock and Pending Stock Subscriptions*




In
      July
      2007, Etelcharge received $30,000 in cash under a pending stock subscription
      agreement for the purchase of 12,000,000 shares of common stock for a total
      of
      $60,000.




-6-




**Item
      2. Plan of Operation.**




Plan
      of
      Operation contains various “ forward looking statements” within the meaning of
      Section 21E of the Securities Exchange Act of 1934, as amended, regarding future
      events or the future financial performance of the Company that involve risk
      and
      uncertainties.  Certain statements included in this Form 10-QSB,
      including, without limitation, statements related to anticipated cash flow
      sources and uses, and words included but not limited to “ anticipates”,
“believes”, “plans”, “expects”, “continue”, “will”, and similar expressions are
      intended to identify forward- looking statements within the meaning of section
      27A of the Securities Act of 1933 and Section 21E of the Securities act of
      1934
      regarding events, conditions, and financial trends that may affect our future
      plans of operations, business strategy, operation results and financial
      position.  We caution readers that a variety of factors could cause
      our actual results to differ materially from the anticipated results or other
      matters expressed in forward-looking statements.




The
      following information should be read in conjunction with our financial
      statements and notes thereto appearing elsewhere in this Form
      10-QSB.




We
      had a
      net loss of $1,291,318 during the six months ended June 30, 2007, an increase
      of
      $1,031,085 compared to a loss of $260,233 for the six months ended June 30,
      2006. We also had a net loss of $380,300 during the three months ended June
      30,
      2007, an increase of $241,693 compared to a loss of $138,607 for the three
      months ended June 30, 2006.  The increased losses primarily resulted
      from loss on extinguishment of debt in the amount of $642,754 and the cost
      of
      common stock issued for services.




Our
      ability to operate profitably depends on generating sales and achieving
      sufficient gross profit margins.  We cannot assure that we will
      achieve or maintain profitable operations in the future




The
      implementation of our plan of operation is dependent upon our raising sufficient
      working capital to allow us to institute the plan. However, there can be no
      assurance that we will be successful in doing so. Due to our lack of capital
      and
      our need for working capital to continue our business plan, our auditors issued
      a going concern qualification as part of their audit opinion of our financial
      statements for the year ended December 31, 2006. We have generated $72,594
      of
      revenue since our inception and since inception through the six months ended
      June 30, 2007 we incurred a cumulative net loss of $14,037,078 including a
      net
      loss of $1,291,318 for the six months ended June 30, 2007.





On
      March
      31, 2006, Etelcharge executed an unsecured promissory note to American Home
      Market in the amount of $250,000. Of this amount, the lender advanced $86,301
      and $64,012 during the quarters ended June 30 and September 30, 2006,
      respectively.  In March 2007, Etelcharge negotiated the retirement of
      the note payable, including accrued interest, in exchange for 50,000,000 shares
      of Etelcharge common stock, which were issued on March 20, 2007. The outstanding
      balance of the note payable at the time of settlement was $157,246, which
      included $6,933 of accrued interest.





Prior
      to
      this borrowing our operations have been funded solely through the issuance
      of
      our common shares and advances from our CEO. Total cash proceeds for the
      issuance of common shares totaled $1,455,949 from inception through June 30,
      2007. In order to institute our business plans we must continue to raise
      capital, as revenue from operations will be insufficient in the short run to
      meet our working capital needs. However, we cannot assure that any such capital
      will be available to us. Based upon our current cash resources, we cannot meet
      our cash requirements or institute our business plan for more than six months
      unless we raise additional funds from the sale of our securities, as we have
      done in the past, or unless our revenue grows significantly.





**Off-Balance
      Sheet Arrangements**





None.







**Item
      3. Controls and Procedures**







As
      required by Rule 13a-15 under the Securities Exchange Act of 1934 (the
“Exchange Act”), we carried out an evaluation of the effectiveness of the design
      and operation of our disclosure controls and procedures as of June 30, 2007.
      This evaluation was carried out under the supervision and with the participation
      of our Chief Executive Officer and Chief Financial Officer. Based on their
      evaluation of our disclosure controls and procedures we concluded that such
      disclosure controls and procedures were not effective to ensure that information
      required to be disclosed by us in reports that we file or submit under the
      Exchange Act is recorded, processed, summarized and reported within the time
      periods specified in Securities and Exchange Commission rules and forms. We
      are
      in the process of improving our internal controls in an effort to remediate
      these deficiencies through improving supervision and training of our accounting
      staff. We are continuing our efforts to improve and strengthen our control
      processes and procedures to fully remedy these deficiencies. Our management
      and
      directors will continue to work with our auditors and other outside advisors
      to
      ensure that our controls and procedures are adequate and effective. There have
      been no significant changes in our internal controls or in other factors that
      could significantly affect internal controls subsequent to the date we carried
      out our evaluation.








-7-








**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.





**ETELCHARGE.COM,
              INC.**August
                10,
                2007
            By:
            /s/ Robert
              M. Howe IIIRobert
              M. Howe IIIChief
              Executive Officer August
                10, 2007
            By:
            /s/ Michelle
              R. ShermanMichelle
              R. ShermanPrincipal
              Financial Officer





-8-