**U.S.
      SECURITIES AND EXCHANGE COMMISSION**


**Washington,
      D.C. 20549**


_______________




**FORM
      10-QSB**


_______________




**x**
            **QUARTERLY
                REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
                ACT OF
                1934**




**For
      the quarterly period ended June 30, 2007**






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




**For
      the transition period from _____________**




**Commission
      File No. 000-50868**


_______________




**EQUITY
      VENTURES GROUP, INC.**


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


_______________




**Florida**
            **65-0995426**(State
                or other jurisdiction of
              incorporation
                or organization)
            (I.R.S.
                Employer Identification No.)




**1314
      E. Las Olas Blvd., Ste 1030**


**Fort
      Lauderdale, FL 33301**


(Address
      of principal executive offices)(Zip Code)




**949-387-8490**


(Registrant’s
      telephone no., including area code




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




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 preceding 12 months (or for such shorter
      period that the issuer was required to file such reports), and (2)has been
      subject to such filing requirements for the past 90 days. Yes x  No
      o




Indicate
      by check mark whether the registrant is a shell company as defined in Rule
      12b-2
      of the Exchange Act.


Yes
x  No
      o




State
      the
      number of shares outstanding of each of the issuer’s classes of common equity,
      as of August 8, 2007: 974,000 shares of common stock.



























**EQUITY
      VENTURES GROUP, INC.**




**FINANCIAL
      STATEMENTS**




**INDEX**




**Part
      I-- FINANCIAL INFORMATION**


Item
                1. Financial StatementsItem
                2. Management’s Discussion and Analysis of Financial
                ConditionItem
                3. Control and Procedures




**Part
      II-- OTHER INFORMATION**


Item
                1. Legal ProceedingsItem
                2. Changes in SecuritiesItem
                3. Defaults Upon Senior SecuritiesItem
                4. Submission of Matters to a Vote of Security HoldersItem
                5. Other InformationItem
                6. Exhibits and Reports on Form 8-K




**SIGNATURE**



















**Item
      1.**    **Financial
      Information**




BASIS
      OF
      PRESENTATION




The
      accompanying reviewed financial statements are presented in accordance with
      generally accepted accounting principles for interim financial information
      and
      the instructions to Form 10-QSB and item 310 under subpart A of Regulation
      S-B.
      Accordingly, they do not include all of the information and footnotes required
      by generally accepted accounting principles for complete financial statements.
      In the opinion of management, all adjustments (consisting only of normal
      occurring accruals) considered necessary in order to make the financial
      statements not misleading, have been included. Operating results for the six
      months ended June 30, 2007 are not necessarily indicative of results that may
      be
      expected for the year ending December 31, 2007. The financial statements are
      presented on the accrual basis.













**EQUITY
        VENTURES GROUP, INC.**
 **(A
        DEVELOPMENT STAGE COMPANY)**
 
 
 
 **CONTENTS**
 
 
 PAGE
              1
              CONDENSED
                  BALANCE SHEET AS OF JUNE 30, 2007 (UNAUDITED)PAGE
              2
              CONDENSED
                  STATEMENTS OF OPERATIONS FOR THE THREE  AND SIX MONTHS ENDED
                  JUNE 30, 2007 AND 2006 AND FOR THE PERIOD FROM DECEMBER 17, 1999
                  (INCEPTION) TO JUNE 30, 2007 (UNAUDITED)PAGES
              3
              CONDENSED
                  STATEMENT OF CHANGES IN STOCKHOLDERS’ DEFICIENCY FOR THE PERIOD FROM
                  DECEMBER 17, 1999 (INCEPTION) TO JUNE 30, 2007
                  (UNAUDITED)PAGE
              4
              CONDENSED
                  STATEMENTS OF CASH FLOWS FOR THE SIX MONTHS ENDED JUNE 30, 2007
                  AND 2006
                  AND FOR THE PERIOD FROM DECEMBER 17, 1999 (INCEPTION) TO JUNE 30,
                  2007
                  (UNAUDITED)PAGES
              5 -
                  8
              NOTES
                  TO CONDENSED FINANCIAL STATEMENTS (UNAUDITED)






**Equity
                  Ventures Group, Inc.****(A
                  Development Stage Company)****Condensed
                  Balance Sheet****June
                  30, 2007****(Unaudited)****ASSETS****Current
                  Assets**Cash
              
              $
              1,141Prepaid
                  expenses
              
              
              250**Total
                  Current Assets**
              
              
              1,391**Total
                  Assets**
              
              **$**
              **1,391****LIABILITIES
                  AND STOCKHOLDERS' DEFICIENCY****Current
                  Liabilities**Stockholder
                  Loans
              
              
              15,000Accrued
                  Interest
              
              
              497**Total
                  Current Liabilities**
              
              ****
              **15,497****Commitments
                  and Contingencies****Stockholders'
                  Deficiency**Preferred
                  stock, $0.001 par value; 10,000,000 shares authorized,none
                  issued  and outstanding
              
              
              -Common
                  stock,  $0.001 par value; 100,000,000 shares
                  authorized,974,000
                  shares issued and outstanding
              
              
              974Additional
                  paid-in capital
              
              
              27,821Deficit
                  accumulated during the development stage
              
              
              (42,901
              )**Total
                  Stockholders' Deficiency**
              
              ****
              **(14,106**
              **)****Total
                  Liabilities and Stockholders' Deficiency**
              
              **$**
              **1,391**






See
      accompanying notes to condensed financial statements.








1






**Equity
                  Ventures Group, Inc.****(A
                  Development Stage Company)****Condensed
                  Statements of Operations****(Unaudited)****For
                  the Period from December 17, 1999****For
                  the Three Month Ended June 30,**
              
              
              **Six
                  Months Ended June 30,**
              
              
              **(Inception)
                  to****2007**
              
              
              **2006**
              
              
              **2007**
              
              
              **2006**
              
              
              **June
                  30, 2007****Operating
                  Expenses**Professional
                  fees
              
              
              1,749
              
              
              
              1,800
              
              
              
              4,954
              
              
              
              5,220
              
              
              
              37,486General
                  and administrative
              
              
              231
              
              
              
              205
              
              
              
              526
              
              
              
              907
              
              
              
              4,918**Total
                  Operating Expenses**
              
              
              1,980
              
              
              
              2,005
              
              
              
              5,480
              
              
              
              6,127
              
              
              
              42,404**Loss
                  from Operations**
              
              
              (1,980
              )
              
              
              (2,005
              )
              
              
              (5,480
              )
              
              
              (6,127
              )
              
              
              (42,404
              )**Other
                  Expense**Interest
                  Expense
              
              
              (178
              )
              
              
              -
              
              
              
              (350
              )
              
              
              
              
              
              
              (497
              )**Total
                  Other Income**
              
              
              (178
              )
              
              
              -
              
              
              
              (350
              )
              
              
              -
              
              
              
              (497
              )**Provision
                  for Income  Taxes**
              
              
              -
              
              
              
              -
              
              
              
              
              
              
              
              
              
              
              
              -**Net
                  Loss**
              
              **$**
              **(2,158**
              **)**
              
              **$**
              **(2,005**
              **)**
              
              **$**
              **(5,830**
              **)**
              
              **$**
              **(6,127**
              **)**
              
              **$**
              **(42,901**
              **)****Net
                  Loss Per Share  - Basic and Diluted**
              
              **$**
              **(0.00**
              **)**
              
              **$**
              **(0.00**
              **)**
              
              **$**
              **(0.01**
              **)**
              
              **$**
              **(0.01**
              **)****Weighted
                  average number of shares outstanding****during
                  the period - basic and diluted**
              
              ****
              **974,000**
              
              
              ****
              **974,000**
              
              
              ****
              **974,000**
              
              
              ****
              **974,000**




See
        accompanying notes to condensed financial statements.






2




**Equity
                  Ventures Group,
                  Inc.****(A
                  Development Stage Company)****Condensed
                  Statement of Changes in Stockholders'
                  Deficiency****For
                  the period from December 17, 1999 (inception) to June 30,
                  2007****(Unaudited)**Preferred
                  stock
              
              
              Common
                  stock
              
              
              
              
              
              Deficit$.001
                  Par Value
              
              
              $.001
                  Par Value
              
              
              Additional
              
              
              accumulated
                  during
              
              
              
              
              
              Totalpaid-in
              
              
              development
              
              
              Subscription
              
              
              Stockholder'sShares
              
              
              Amount
              
              
              Shares
              
              
              Amount
              
              
              capital
              
              
              stage
              
              
              Receivable
              
              
              DeficiencyBalance
                  December 16, 1999 (Inception)
              
              
              -
              
              
              $
              -
              
              
              
              -
              
              
              $
              -
              
              
              $
              -
              
              
              $
              -
              
              
              $
              -
              
              
              $
              -Common
                  stock issued to founders for cash ($0.001 per share)
              
              
              -
              
              
              
              -
              
              
              
              1,000,000
              
              
              
              1,000
              
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              1,000In-kind
                  contribution
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              79
              
              
              
              -
              
              
              
              -
              
              
              
              79Net
                  loss for the period December 17, 1999 (inception to December 31,
                  1999)
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              (79
              )
              
              
              -
              
              
              
              (79
              )Balance
                  December 31, 1999
              
              
              -
              
              
              
              -
              
              
              
              1,000,000
              
              
              
              1,000
              
              
              
              79
              
              
              
              (79
              )
              
              
              -
              
              
              
              1,000Common
                  stock issued for subscription receivable ($0.001 per
                  share)
              
              
              -
              
              
              
              -
              
              
              
              1,500,000
              
              
              
              1,500
              
              
              
              -
              
              
              
              -
              
              
              
              (1,500
              )
              
              
              -In-kind
                  contribution
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              10,079
              
              
              
              -
              
              
              
              -
              
              
              
              10,079Net
                  loss, 2000
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              (11,029
              )
              
              
              -
              
              
              
              (11,029
              )Balance
                  December 31, 2000
              
              
              -
              
              
              
              -
              
              
              
              2,500,000
              
              
              
              2,500
              
              
              
              10,158
              
              
              
              (11,108
              )
              
              
              (1,500
              )
              
              
              50In-kind
                  contribution
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              79
              
              
              
              -
              
              
              
              -
              
              
              
              79Stock
                  subscription cancelled
              
              
              -
              
              
              
              -
              
              
              
              (1,500,000
              )
              
              
              (1,500
              )
              
              
              -
              
              
              
              -
              
              
              
              1,500
              
              
              
              -In-kind
                  contribution of stock
              
              
              -
              
              
              
              -
              
              
              
              (200,000
              )
              
              
              (200
              )
              
              
              200
              
              
              
              -
              
              
              
              -
              
              
              
              -Net
                  loss, 2001
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              (129
              )
              
              
              -
              
              
              
              (129
              )Balance
                  December 31, 2001
              
              
              -
              
              
              
              -
              
              
              
              800,000
              
              
              
              800
              
              
              
              10,437
              
              
              
              (11,237
              )
              
              
              -
              
              
              
              -In-kind
                  contribution
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              79
              
              
              
              -
              
              
              
              -
              
              
              
              79Net
                  loss, 2002
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              (79
              )
              
              
              -
              
              
              
              (79
              )Balance
                  December 31, 2002
              
              
              -
              
              
              
              -
              
              
              
              800,000
              
              
              
              800
              
              
              
              10,516
              
              
              
              (11,316
              )
              
              
              -
              
              
              
              -Common
                  stock issued for cash ($0.10 per share)
              
              
              -
              
              
              
              -
              
              
              
              174,000
              
              
              
              174
              
              
              
              17,226
              
              
              
              -
              
              
              
              -
              
              
              
              17,400In-kind
                  contribution
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              79
              
              
              
              -
              
              
              
              -
              
              
              
              79Net
                  loss, 2003
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              (1,094
              )
              
              
              -
              
              
              
              (1,094
              )Balance
                  December 31, 2003
              
              
              -
              
              
              
              -
              
              
              
              974,000
              
              
              
              974
              
              
              
              27,821
              
              
              
              (12,410
              )
              
              
              -
              
              
              
              16,385In-kind
                  contribution
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              -Net
                  loss, 2004
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              (5,988
              )
              
              
              -
              
              
              
              (5,988
              )Balance
                  December 31, 2004
              
              
              -
              
              
              
              -
              
              
              
              974,000
              
              
              
              974
              
              
              
              27,821
              
              
              
              (18,398
              )
              
              
              -
              
              
              
              10,397In-kind
                  contribution
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              -Net
                  loss, 2005
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              (8,438
              )
              
              
              -
              
              
              
              (8,438
              )Balance,
                  December 31, 2005
              
              
              -
              
              
              
              -
              
              
              
              974,000
              
              
              
              974
              
              
              
              27,821
              
              
              
              (26,836
              )
              
              
              -
              
              
              
              1,959Net
                  loss for the year ended December 31, 2006
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              (10,235
              )
              
              
              -
              
              
              
              (10,235
              )Balance,
                  December 31, 2006
              
              
              -
              
              
              
              -
              
              
              
              974,000
              
              
              
              974
              
              
              
              27,821
              
              
              
              (37,071
              )
              
              
              -
              
              
              
              (8,276
              )Net
                  loss for the period ended June 30, 2007
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              (5,830
              )
              
              
              -
              
              
              
              (5,830
              )**Balance,
                  June 30, 2007**
              
              ****
              **-**
              
              
              ****$
              **-**
              
              
              ****
              **974,000**
              
              
              ****$
              **974**
              
              
              ****$
              **27,821**
              
              
              ****$
              **(42,901**
              **)**
              
              ****$
              **-**
              
              
              ****$
              **(14,106**
              **)**






See
        accompanying notes to condensed financial statements.






3






**Equity
                  Ventures Group, Inc.****(A
                  Development Stage Company)****Condensed
                  Statements of Cash Flows****(Unaudited)****For
                  the Period from December 17, 1999****For
                  the Six Months Ended June 30,**
              
              
              **(Inception)
                  to****2007**
              
              
              **2006**
              
              
              **June
                  30, 2007****Cash
                  Flows From Operating Activities:**Net
                  Loss
              
              $
              (5,830
              )
              
              $
              (6,127
              )
              
              $
              (42,901
              )Adjustments
                  to reconcile net loss to net cash used in operationsIn-kind
                  contribution
              
              
              -
              
              
              
              -
              
              
              
              10,395Changes
                  in operating assets and liabilities:Increase
                  in prepaid expenses
              
              
              (250
              )
              
              
              -
              
              
              
              (250
              )Increase
                  in accrued expenses
              
              
              350
              
              
              
              
              
              
              
              497Increase
                  in accounts payable
              
              
              (3,146
              )
              
              
              6,097
              
              
              
              -**Net
                  Cash Provided by (Used In) Operating Activities**
              
              ****
              **(8,876**
              **)**
              
              ****
              **(30**
              **)**
              
              ****
              **(32,259**
              **)****Cash
                  Flows From Financing Activities:**Advances
                  from stockholders
              
              
              5,000
              
              
              
              
              
              
              
              15,000Proceeds
                  from issuance of common stock
              
              
              -
              
              
              
              -
              
              
              
              18,400**Net
                  Cash Provided by Financing Activities**
              
              ****
              **5,000**
              
              
              ****
              **-**
              
              
              ****
              **33,400****Net
                  Increase (Decrease) in Cash**
              
              
              (3,876
              )
              
              
              (30
              )
              
              
              1,141Cash
                  at Beginning of Period/Year
              
              
              5,017
              
              
              
              3,858
              
              
              
              -**Cash
                  at End of Period/Year**
              
              **$**
              **1,141**
              
              
              **$**
              **3,828**
              
              
              **$**
              **1,141****Supplemental
                  disclosure of cash flow information:**Cash
                  paid for interest
              
              $
              -
              
              
              $
              -
              
              
              $
              -Cash
                  paid for taxes
              
              $
              -
              
              
              $
              -
              
              
              $
              -




See
        accompanying notes to condensed financial statements.
   4


**EQUITY
      VENTURES GROUP, INC.**


**(A
      DEVELOPMENT STAGE COMPANY)**


**NOTES
      TO CONDENSED FINANCIAL STATEMENTS**


**AS
      OF JUNE 30, 2007**


**(UNAUDITED)**




**NOTE
                  1**
              **SUMMARY
                  OF SIGNIFICANT ACCOUNTING POLICIES AND
                  ORGANIZATION**
 
 ***(A)
        Basis of Presentation***
 
 The
        accompanying unaudited condensed financial statements have been prepared
        in
        accordance with accounting principles generally accepted in The United States
        of
        America and the rules and regulations of the Securities and Exchange Commission
        for interim financial information.  Accordingly, they do not include
        all the information necessary for a comprehensive presentation of financial
        position and results of operations.
 
 It
        is
        management's opinion, however that all material adjustments (consisting of
        normal recurring adjustments) have been made which are necessary for a fair
        financial statements presentation.  The results for the interim period
        are not necessarily indicative of the results to be expected for the
        year.
 
 Activities
        during the development stage include developing the business plan and raising
        capital.
 
 ***(B)
        Cash and Cash Equivalents***
 
 For
        purposes of the cash flow statements, the Company considers all highly liquid
        investments with original maturities of three months or less at the time
        of
        purchase to be cash equivalents.
 
 ***(C)
        Use of Estimates***
 
 In
        preparing financial statements in conformity with generally accepted accounting
        principles, management is required to make estimates and assumptions that
        affect
        the reported amounts of assets and liabilities and the disclosure of contingent
        assets and liabilities at the date of the financial statements and revenues
        and
        expenses during the reported period.  Actual results could differ from
        those estimates.
 
 ***(D)
        Loss Per Share***
 
 Basic
        and
        diluted net loss per common share is computed based upon the weighted average
        common shares outstanding as defined by Financial Accounting Standards No.
        128,
“Earnings per Share.” As of June 30, 2007 and 2006, respectively, there were no
        common share equivalents outstanding.
 
 ***(E)
        Income Taxes***
 
 The
        Company accounts for income taxes under the Statement of Financial Accounting
        Standards No. 109, “Accounting for Income Taxes” (“Statement
        109”).
   5
 **EQUITY
          VENTURES GROUP, INC.**
 **(A
          DEVELOPMENT STAGE COMPANY)**
 **NOTES
          TO CONDENSED FINANCIAL STATEMENTS**
 **AS
          OF JUNE 30, 2007**
 **(UNAUDITED)**
 Under
          Statement 109, deferred tax assets and liabilities are recognized for the
          future
          tax consequences attributable to differences between the financial statement
          carrying amounts of existing assets and liabilities and their respective
          tax
          bases.  Deferred tax assets and liabilities are measured using enacted
          tax rates expected to apply to taxable income in the years in which those
          temporary differences are expected to be recovered or settled.  Under
          Statement 109, the effect on deferred tax assets and liabilities of a change
          in
          tax rates is recognized in income in the period that includes the enactment
          date.
 
 ***(F)
        Business Segments***
 
 The
        Company operates in one segment and therefore segment information is not
        presented.
 
 ***(G)
        Recent Accounting Pronouncements***
 
 In
        September 2006, the FASB issued SFAS No. 157, “*Fair Value
        Measurements*”. The objective of SFAS 157 is to increase consistency and
        comparability in fair value measurements and to expand disclosures about
        fair
        value measurements.  SFAS 157 defines fair value, establishes a
        framework for measuring fair value in generally accepted accounting principles,
        and expands disclosures about fair value measurements. SFAS 157 applies under
        other accounting pronouncements that require or permit fair value measurements
        and does not require any new fair value measurements. The provisions of SFAS
        No.
        157 are effective for fair value measurements made in fiscal years beginning
        after November 15, 2007. The adoption of this statement is not expected to
        have
        a material effect on the Company's future reported financial position or
        results
        of operations.
 
 In
        February 2007, the Financial Accounting Standards Board (FASB) issued SFAS
        No.
        159, “*The Fair Value Option for Financial Assets and Financial Liabilities
–
Including an Amendment of FASB Statement No. 115*”.  This
        statement permits entities to choose to measure many financial instruments
        and
        certain other items at fair value. Most of the provisions of SFAS No. 159
        apply
        only to entities that elect the fair value option. However, the amendment
        to
        SFAS No. 115 “*Accounting for Certain Investments in Debt and Equity
        Securities*” applies to all entities with available-for-sale and trading
        securities. SFAS No. 159 is effective as of the beginning of an entity’s first
        fiscal year that begins after November 15, 2007. Early adoption is permitted
        as
        of the beginning of a fiscal year that begins on or before November 15, 2007,
        provided the entity also elects to apply the provision of SFAS No. 157,
“*Fair Value Measurements”.* The adoption of this statement is not
        expected to have a material effect on the Company's financial
        statements.
 
 
 6
 
 **EQUITY
            VENTURES GROUP, INC.**
 **(A
            DEVELOPMENT STAGE COMPANY)**
 **NOTES
            TO CONDENSED FINANCIAL STATEMENTS**
 **AS
            OF JUNE 30, 2007**
 **(UNAUDITED)**
 
 **NOTE
                  2**
              **STOCKHOLDERS’
                  DEFICIENCY**
 
 ***(A)
        Common Stock Issued for Cash***
 
 On
        December 17, 1999, the Company issued 1,000,000 shares of common stock to
        its
        founders for cash of $1,000 ($0.001 per share).
 
 During
        2003, the Company issued 174,000 shares of common stock for cash of $17,400
        ($0.10 per share).
 
 ***(B)
        Common Stock Issued for Subscription Receivable***
 
 During
        2000, the Company issued 1,500,000 shares of common stock for a subscription
        receivable of $1,500 ($0.001 per share).  During 2001, the Company
        cancelled the shares for non-payment of the subscription
        receivable.
 
 ***(C)
        In-Kind Contribution of Stock***
 
 During
        2001, a stockholder of the Company returned 200,000 shares of common stock
        to
        the Company.
 
 ***(D)
        In-Kind Contribution***
 
 During
        2003, 2002, 2001, 2000 and 1999, the stockholder of the Company paid $79,
        $79,
        $79, $10,079 and $79, respectively, of operating expenses on behalf of the
        Company (See Note 3).
 
 ***(E)
        Amendment to Articles of Incorporation***
 
 During
        2003, the Company amended its Articles of Incorporation to provide for an
        increase in its authorized share capital. The authorized capital stock increased
        to 100,000,000 common shares at a par value of $0.001 per share, and 10,000,000
        preferred shares at a par value of $0.001 with class and series designations,
        voting rights, and relative rights and preferences to be determined by the
        Board
        of Directors of the Company from time to time.
 
 **NOTE
                  3**
              **RELATED
                  PARTY TRANSACTIONS**
 
 A
        stockholder of the Company paid $10,395 of expenses on behalf of the Company
        from inception (See Note 2).
 
 7
  **EQUITY
            VENTURES GROUP, INC.**
 **(A
            DEVELOPMENT STAGE COMPANY)**
 **NOTES
            TO CONDENSED FINANCIAL STATEMENTS**
 **AS
            OF JUNE 30, 2007**
 **(UNAUDITED)**
  On
        June
        27, 2007, the Company received $5,000 from a principal
        stockholder.  Pursuant to the terms of the loan, the advance bears
        interest at 7%, is unsecured and matures on June 27, 2008.
 
 During
        2006, the Company received two notes for $5,000 each from a principal
        stockholder. Pursuant to the terms of the notes, the notes bear interest
        at 7%,
        are unsecured and mature on August 2, 2007 and December 29, 2007,
        respectively.  As of August 2, 2007, one note is in
        default.
 
 At
        June
        30, 2007, the Company had recorded $497 of related accrued interest
        payable.
 
 **NOTE
                  4**
              **GOING
                  CONCERN**
 
 As
        reflected in the accompanying unaudited financial statements, the Company
        is in
        the development stage with no operations.  This raises substantial
        doubt about its ability to continue as a going concern.  The ability
        of the Company to continue as a going concern is dependent on the Company’s
        ability to raise additional capital and implement its business
        plan.  The financial statements do not include any adjustments that
        might be necessary if the Company is unable to continue as a going
        concern.




























8








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





We
      intend
      to enter into a business combination with a target company in exchange for
      cash
      and/or our securities. As of the initial filing date of this Registration
      Statement, neither our officer and director nor any affiliate has engaged in
      any
      negotiations with any representative of any specific entity regarding the
      possibility of a business combination with us.




Management
      anticipates seeking out a target company through solicitation. Such solicitation
      may include newspaper or magazine advertisements, mailings and other
      distributions to law firms, accounting firms, investment bankers, financial
      advisors and similar persons, the use of one or more World Wide Websites and
      similar methods. No estimate can be made as to the number of persons who will
      be
      contacted or solicited. Management may engage in such solicitation directly
      or
      may employ one or more other entities to conduct or assist in such solicitation.
      Management and its affiliates will pay referral fees to consultants and others
      who refer target businesses for mergers into public companies in which
      management and its affiliates have an interest. Payments are made if a business
      combination occurs, and may consist of cash or a portion of the stock in the
      Company retained by management and its affiliates, or both.




We
      have
      entered into a verbal agreement with Peter Goldstein to supervise the search
      for
      target companies as potential candidates for a business combination. Peter
      Goldstein will pay as his own expenses any costs he incurs in supervising the
      search for a target company. Peter Goldstein anticipates that he may enter
      into
      agreements with other consultants to assist in locating a target company and
      may
      share stock received by it or cash resulting from the sale of its securities
      with such other consultants.




We
      have
      no full time employees. Our president has agreed to allocate a portion of her
      time to the activities of the Company, without compensation. The president
      anticipates that our business plan can be implemented by her devoting no more
      than 10 hours per month to the business affairs of the Company and,
      consequently, conflicts of interest may arise with respect to the limited time
      commitment by such officer.




Our
      Certificate of Incorporation provides that we may indemnify our officers and/or
      directors for liabilities, which can include liabilities arising under the
      securities laws. Therefore, our assets could be used or attached to satisfy
      any
      liabilities subject to such indemnification.




Results
      of Operation




We
      did
      not have any operating income from inception through June 30, 2007. From
      inception through the period ended June 30, 2007, we recognized a net loss
      from
      operations of $42,404. For the six months ended June 30, 2007, we recognized
      a
      net loss from operations of $5,480. Expenses for the six months were comprised
      of costs mainly associated with legal, accounting and office.




Liquidity
      and Capital Resources




At
      June
      30, 2007, we had cash of $1,141. Therefore we have limited capital resources
      and
      will rely upon the issuance of common stock and additional capital contributions
      from shareholders to fund administrative expenses pending acquisition of an
      operating company. In the event such efforts are unsuccessful, contingent plans
      have been arranged to provide that our current director is to fund required
      future filings under the 1934 Act, and existing shareholders have expressed
      an
      interest in additional funding if necessary to continue as a going
      concern.





During
      2006, we received two notes for $5,000 each from a principal stockholder.
      Pursuant to the terms of the notes, the notes bear interest at 7%, are unsecured
      and mature on August 2, 2007 and December 29, 2007, respectively.  As
      of August 2, 2007, one note is in default.





We
      currently do not have enough cash to satisfy our minimum cash requirements
      for
      the next twelve months.   As reflected in the accompanying
      financial statements, we are in the development stage with limited operations.
      This raises substantial doubt about our ability to continue as a going concern.
      Our ability to continue as a going concern is dependent on our ability to raise
      additional capital. The financial statements do not include any adjustments
      that
      might be necessary if we are unable to continue as a going concern.




Plan
      of Operation




During
      the next twelve months, the Company will actively seek out and investigate
      possible business opportunities with the intent to acquire or merge with one
      or
      more business ventures. In its search for business opportunities, management
      will follow the procedures outlined in Item 1 above. Because the Company has
      limited funds, it may be necessary for the sole officer and director to either
      advance funds to the Company or to accrue expenses until such time as a
      successful business consolidation can be made.













The
      Company will not make it a condition that the target company must repay funds
      advanced by its officers and directors. Management intends to hold expenses
      to a
      minimum and to obtain services on a contingency basis when possible. However,
      if
      the Company engages outside advisors or consultants in its search for business
      opportunities, it may be necessary for the Company to attempt to raise
      additional funds. As of the date hereof, the Company has not made any
      arrangements or definitive agreements to use outside advisors or consultants
      or
      to raise any capital. In the event the Company does need to raise capital most
      likely the only method available to the Company would be the private sale of
      its
      securities. Because of the nature of the Company as a development stage company,
      it is unlikely that it could make a public sale of securities or be able to
      borrow any significant sum from either a commercial or private lender. There
      can
      be no assurance that the Company will able to obtain additional funding when
      and
      if needed, or that such funding, if available, can be obtained on terms
      acceptable to the Company.




The
      Company does not intend to use any employees, with the possible exception of
      part-time clerical assistance on an as-needed basis. Outside advisors or
      consultants will be used only if they can be obtained for minimal cost or on
      a
      deferred payment basis. Management is convinced that it will be able to operate
      in this manner and to continue its search for business opportunities during
      the
      next twelve months.




On
      March
      8, 2007, the Company entered into a non-binding letter of intent to acquire
      a
      license for the use of a patented
      technology for producing fuel
      from livestock waste.  The transaction was not effectuated and the
      letter of intent is null and void.





Critical
      Accounting Policies




Equity
      Ventures’ financial statements and related public financial information are
      based on the application of accounting principles generally accepted in the
      United States (“GAAP”). GAAP requires the use of estimates; assumptions,
      judgments and subjective interpretations of accounting principles that have
      an
      impact on the assets, liabilities, revenue and expense amounts reported. These
      estimates can also affect supplemental information contained in our external
      disclosures including information regarding contingencies, risk and financial
      condition. We believe our use if estimates and underlying accounting assumptions
      adhere to GAAP and are consistently and conservatively applied. We base our
      estimates on historical experience and on various other assumptions that we
      believe to be reasonable under the circumstances. Actual results may differ
      materially from these estimates under different assumptions or conditions.
      We
      continue to monitor significant estimates made during the preparation of our
      financial statements.




Our
        significant accounting policies are summarized in Note 1 of our financial
        statements. While all these significant accounting policies impact its financial
        condition and results of operations, Equity Ventures views certain of these
        policies as critical. Policies determined to be critical are those policies
        that
        have the most significant impact on Equity Ventures’ consolidated financial
        statements and require management to use a greater degree of judgment and
        estimates. Actual results may differ from those estimates. Our management
        believes that given current facts and circumstances, it is unlikely that
        applying any other reasonable judgments or estimate methodologies would cause
        effect on our  results of operations, financial position or liquidity
        for the periods presented in this report.




Recent
      Accounting Pronouncements





In
      September 2006, the FASB issued SFAS No. 157, “*Fair Value
      Measurements*”. The objective of SFAS 157 is to increase consistency and
      comparability in fair value measurements and to expand disclosures about fair
      value measurements. SFAS 157 defines fair value, establishes a framework for
      measuring fair value in generally accepted accounting principles, and expands
      disclosures about fair value measurements. SFAS 157 applies under other
      accounting pronouncements that require or permit fair value measurements and
      does not require any new fair value measurements. The provisions of SFAS No.
      157
      are effective for fair value measurements made in fiscal years beginning after
      November 15, 2007. The adoption of this statement is not expected to have a
      material effect on the Company's future reported financial position or results
      of operations.




In
      February 2007, the Financial Accounting Standards Board (FASB) issued SFAS
      No.
      159, “*The Fair Value Option for Financial Assets and Financial Liabilities -
      Including an Amendment of FASB Statement No. 115*”. This statement permits
      entities to choose to measure many financial instruments and certain other
      items
      at fair value. Most of the provisions of SFAS No. 159 apply only to entities
      that elect the fair value option. However, the amendment to SFAS No. 115
“*Accounting for Certain Investments in Debt and Equity Securities*”
applies to all entities with available-for-sale and trading securities.
      SFAS No.
      159 is effective as of the beginning of an entity’s first fiscal year that
      begins after November 15, 2007. Early adoption is permitted as of the beginning
      of a fiscal year that begins on or before November 15, 2007, provided the entity
      also elects to apply the provision of SFAS No. 157, “*Fair Value
      Measurements”.* The adoption of this statement did not have a material
      effect on the Company's financial statements.













**Item
      3.   Controls and
      Procedures**




Under
      the supervision and with the
      participation of our management, including our principal executive officer
      and
      principal financial officer, we conducted an evaluation of our disclosure
      controls and procedures, as such term is defined under Rule 13a-15(e) and Rule
      15d-15(e) promulgated under the Securities Exchange Act of 1934, as amended
      (Exchange Act), as of  June 30, 2007.  Based on this
      evaluation, our principal executive officer and principal financial officer
      have
      concluded that our disclosure controls and procedures are effective to ensure
      that information required to be disclosed by us in the reports we file or submit
      under the Exchange Act is recorded, processed, summarized, and reported within
      the time periods specified in the Securities and Exchange Commission’s rules and
      forms and that our disclosure and controls are designed to ensure that
      information required to be disclosed by us in the reports that we file or submit
      under the Exchange Act is accumulated and communicatedto
      our management, including our
      principal executive officer and principal financial officer, or persons
      performing similar functions, as appropriate to allow timely decisions regarding
      required disclosure.




There
      were no changes (including corrective actions with regard to significant
      deficiencies or material weaknesses) in our internal controls over financial
      reporting that occurred during the second quarter of fiscal 2007 that has
      materially affected, or is reasonably likely to materially affect, our internal
      control over financial reporting.




**PART
      II - OTHER INFORMATION**




**Item
      1. Legal Proceedings**.




The Company is currently not a party to any pending legal proceedings and no
      such action by, or to the best of its knowledge, against the Company has been
      threatened.




**Item
      2. Changes in Securities.**




None




**Item
      3. Defaults Upon Senior Securities.**




None




**Item
      4. Submission of Matters to a Vote of Security Holders.**




No
      matter
      was submitted during the quarter ending June 30, 2007, covered by this report
      to
      a vote of the Company’s shareholders, through the solicitation of proxies or
      otherwise.




**Item
      5. Other Information.**




None




**Item
      6. Exhibits and Reports of Form 8-K.**




(a)
      Exhibits




31.1
      Certification pursuant to Section 302 of Sarbanes Oxley Act of 2002




32.1
      Certification pursuant to Section 906 of Sarbanes Oxley Act of 2002




(b)
      Reports of Form 8-K




None










**SIGNATURES**




In
      accordance with Section 13 or 15(d) of the Exchange Act, the registrant caused
      this report to be signed on its behalf by the undersigned, there unto duly
      authorized.




**EQUITY
      VENTURES GROUP, INC.**




*By:
      /s/ Colette Kim*


Colette
      Kim,


President,
      Chief Executive Officer,


Chief
      Financial Officer, Secretary &


Director




August
      8,
      2007