UNITED
STATES


SECURITIES
AND EXCHANGE COMMISSION


WASHINGTON,
D.C. 20549


_______________





FORM
10-Q


_______________





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





For
the quarterly period ended June 30, 2009





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





For the transition period from
______to______.





EQUITY
VENTURES GROUP, INC.


(Exact
name of registrant as specified in Charter





Florida
            
            000-50868
            
            65-0995426(State
      or other jurisdiction of
              incorporation
      or organization)
            
            (Commission
      File No.)
            
            (IRS
      Employee Identification No.)





1314
East Las Olas Blvd., Suite 1030


Fort
Lauderdale, Florida 33301


(Address
of Principal Executive Offices)


_______________





(714)
388-8608


(Issuer
Telephone number)


_______________





(Former
Name or Former Address 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 has submitted electronically and posted on
its corporate Web site, if any, every Interactive Data File required to be
submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this
chapter) during the preceding 12 months (or for such shorter period that the
registrant was required to submit and post such files).


Yes o No o





Indicate
by check mark whether the registrant is a large accelerated filer, an
accelerated filer, a non-accelerated filer or a smaller reporting company filer.
 See definition of “accelerated filer” and “large accelerated filer” in
Rule 12b-2 of the Exchange Act (Check one):





Large
Accelerated Filer o     Accelerated
Filer o     Non-Accelerated
Filer o     Smaller
Reporting Company x





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 November 10, 2009: 1,174,000 shares of common stock.














EQUITY
VENTURES GROUP, INC.





FORM
10-Q





June
30, 2009





INDEX










PART I--FINANCIAL
      INFORMATIONItem
      1.
            Financial
      Statements
            1Item
      2.
            Management’s
      Discussion and Analysis of Financial Condition
            11Item
      3
            Quantitative
      and Qualitative Disclosures About Market Risk
            14Item
      4T.
            Control
      and Procedures
            14


PART II--OTHER
    INFORMATIONItem
      1
            Legal
      Proceedings
            15Item
      1A
            Risk
      Factors
            15Item
      2.
            Unregistered
      Sales of Equity Securities and Use of Proceeds
            15Item
      3.
            Defaults
      Upon Senior Securities
            15Item
      4.
            Submission
      of Matters to a Vote of Security Holders
            15Item
      5.
            Other
      Information
            15Item
      6.
            Exhibits
      and Reports on Form 8-K
            15SIGNATURE











EQUITY
VENTURES GROUP, INC.
 (A
DEVELOPMENT STAGE COMPANY)
 
 
 CONTENTS
 
 
 PAGE
              1
              CONDENSED
      BALANCE SHEETS AS OF JUNE 30, 2009 (UNAUDITED) AND DECEMBER 31,
      2008.PAGE
              2
              CONDENSED
      STATEMENTS OF OPERATIONS FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2009
      AND 2008 AND FOR THE PERIOD FROM DECEMBER 17, 1999 (INCEPTION) TO JUNE 30,
      2009 (UNAUDITED)PAGE
              3
              CONDENSED
      STATEMENT OF CHANGES IN STOCKHOLDERS’ DEFICIENCY FOR THE PERIOD FROM
      DECEMBER 17, 1999 (INCEPTION) TO JUNE 30, 2009
  (UNAUDITED)PAGE
              4
              CONDENSED
      STATEMENTS OF CASH FLOWS FOR THE SIX MONTHS ENDED JUNE 30, 2009 AND 2008
      AND FOR THE PERIOD FROM DECEMBER 17, 1999 (INCEPTION) TO JUNE 30, 2009
      (UNAUDITED)PAGES
              5 -
      10
              NOTES
      TO CONDENSED FINANCIAL STATEMENTS (UNAUDITED)
   
  Equity
      Ventures Group, Inc.(A
      Development Stage Company)Condensed
      Balance SheetsASSETSJune
      30,
                  2009
                
                
                December
      31,
                  2008(Unaudited)Total
      Assets
                
                $
                -
                
                
                $
                -LIABILITIES AND STOCKHOLDERS'
      DEFICIENCYCurrent
      LiabilitiesAccounts
      payable
                
                $
                16,242
                
                
                $
                13,509Total
      Liabilities
                
                
                16,242
                
                
                
                13,509Commitments
      and ContingenciesStockholders'
      DeficiencyPreferred
      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
      and 974,000 shares issued and outstanding, respectively
                
                
                974
                
                
                
                974Additional
      paid-in capital
                
                
                36,821
                
                
                
                33,821Deficit
      accumulated during the development stage
                
                
                (54,037
                )
                
                
                (48,304
                )Total
      Stockholders' Deficiency
                
                
                (16,242
                )
                
                
                (13,509
                )Total
      Liabilities and Stockholders' Deficiency
                
                $
                -
                
                
                $
                -
   See
accompanying notes to condensed unaudited financial statements
 -1-
  Equity Ventures Group, Inc.(A
      Development Stage Company)Condensed
      Statements of Operations(Unaudited)For
      the Three Months EndedJune
      30,
                
                
                For
      the Six Months Ended June 30,
                
                
                For
      the Period from December 17, 1999 (inception)2009
                
                
                2008
                
                
                2009
                
                
                2008
                
                
                June
      30, 2009Operating
      ExpensesProfessional
      fees
                
                
                6,359
                
                
                
                2,350
                
                
                
                8,575
                
                
                
                7,831
                
                
                
                63,710General
      and administrative
                
                
                2,529
                
                
                
                1,747
                
                
                
                4,758
                
                
                
                3,463
                
                
                
                17,039Total
      Operating Expenses
                
                
                8,888
                
                
                
                4,097
                
                
                
                13,333
                
                
                
                11,294
                
                
                
                80,749Loss
      from Operations
                
                
                (8,888
                )
                
                
                (4,097
                )
                
                
                (13,333
                )
                
                
                (11,294
                )
                
                
                (80,749
                )Other
      IncomeMerger
      break up fee
                
                
                7,600
                
                
                
                -
                
                
                
                7,600
                
                
                
                -
                
                
                
                27,600Interest
      Expense
                
                
                -
                
                
                
                -
                
                
                
                -
                
                
                
                -
                
                
                
                (888
                )Total
      Other Income
                
                
                7,600
                
                
                
                -
                
                
                
                7,600
                
                
                
                -
                
                
                
                26,712Provision
      for Income  Taxes
                
                
                -
                
                
                
                -
                
                
                
                -
                
                
                
                -
                
                
                
                -Net
      Loss
                
                $
                (1,288
                )
                
                $
                (4,097
                )
                
                $
                (5,733
                )
                
                $
                (11,294
                )
                
                $
                (54,037
                )Net
      Loss Per Share  - Basic and Diluted
                
                $
                (0.00
                )
                
                $
                (0.00
                )
                
                $
                (0.01
                )
                
                $
                (0.01
                )Weighted
      average number of shares outstandingduring
      the period - Basic and Diluted
                
                
                974,000
                
                
                
                974,000
                
                
                
                974,000
                
                
                
                974,000
   See
accompanying notes to condensed unaudited financial statements
 -2-
  Equity Ventures Group, Inc.(A
      Development Stage Company)Condensed Statement of Changes in Stockholders'
      DeficiencyFor the period from December 17, 1999 (inception)
      to June 30, 2009Preferred
      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, 2006
                
                
                -
                
                
                
                -
                
                
                
                -
                
                
                
                -
                
                
                
                -
                
                
                
                (10,235
                )
                
                
                -
                
                
                
                (10,235
                )Balance,
      December 31, 2006
                
                
                -
                
                
                
                -
                
                
                
                974,000
                
                
                
                974
                
                
                
                27,821
                
                
                
                (37,071
                )
                
                
                -
                
                
                
                (8,276
                )Net
      Income, 2007
                
                
                -
                
                
                
                -
                
                
                
                -
                
                
                
                -
                
                
                
                -
                
                
                
                8,394
                
                
                
                -
                
                
                
                8,394Balance,
      December 31, 2007
                
                
                -
                
                
                
                -
                
                
                
                974,000
                
                
                
                974
                
                
                
                27,821
                
                
                
                (28,677
                )
                
                
                -
                
                
                
                118In-kind
      contribution
                
                
                -
                
                
                
                -
                
                
                
                -
                
                
                
                -
                
                
                
                6,000
                
                
                
                -
                
                
                
                -
                
                
                
                6,000Net
      loss for the year ended December 31 2008
                
                
                -
                
                
                
                -
                
                
                
                -
                
                
                
                -
                
                
                
                -
                
                
                
                (19,627
                )
                
                
                -
                
                
                
                (19,627
                )Balance,
      December 31, 2008
                
                
                -
                
                
                
                -
                
                
                
                974,000
                
                
                
                974
                
                
                
                33,821
                
                
                
                (48,304
                )
                
                
                -
                
                
                
                (13,509
                )In-kind
      contribution
                
                
                -
                
                
                
                -
                
                
                
                -
                
                
                
                -
                
                
                
                3,000
                
                
                
                -
                
                
                
                -
                
                
                
                3,000Net
      loss for the period ended June 30, 2009
                
                
                -
                
                
                
                -
                
                
                
                -
                
                
                
                -
                
                
                
                -
                
                
                
                (5,733
                )
                
                
                -
                
                
                
                (5,733
                )Balance,
      June 30, 2009 (UNAUDITED)
                
                
                -
                
                
                $
                -
                
                
                
                974,000
                
                
                $
                974
                
                
                $
                36,821
                
                
                $
                (54,037
                )
                
                $
                -
                
                
                $
                (16,242
                )
   See
accompanying notes to condensed unaudited financial statements
 -3-
  Equity Ventures Group, Inc.(A
      Development Stage Company)Condensed
      Statements of Cash Flows(Unaudited)For
      the Six Months Ended June 30,
                
                
                For
      the Period from December 17, 1999 (inception) to2009
                
                
                2008
                
                
                June
      30, 2009Cash
      Flows From Operating Activities:Net
      Loss
                
                $
                (5,733
                )
                
                $
                (11,294
                )
                
                $
                (54,037
                )Adjustments
      to reconcile net loss to net cash used in operationsIn-kind
      contribution
                
                
                3,000
                
                
                
                3,000
                
                
                
                19,395Changes
      in operating assets and liabilities:Increase
      in accounts payable
                
                
                2,733
                
                
                
                8,164
                
                
                
                16,242Net
      Cash Used In Operating Activities
                
                
                -
                
                
                
                (130
                )
                
                
                (18,400
                )Cash
      Flows From Financing Activities:Cash
      overdraft
                
                
                -
                
                
                
                12
                
                
                
                -Proceeds
      from stockholders
                
                
                -
                
                
                
                -
                
                
                
                15,000Repayment
      of stockholder loans
                
                
                -
                
                
                
                -
                
                
                
                (15,000
                )Proceeds
      from issuance of common stock
                
                
                -
                
                
                
                -
                
                
                
                18,400Net
      Cash Provided by Financing Activities
                
                
                -
                
                
                
                12
                
                
                
                18,400Net
      Decrease in Cash
                
                
                -
                
                
                
                (118
                )
                
                
                -Cash
      at Beginning of Period/Year
                
                
                -
                
                
                
                118
                
                
                
                -Cash
      at End of Period/Year
                
                $
                -
                
                
                $
                -
                
                
                $
                -Supplemental disclosure of cash flow
      information:Cash
      paid for interest
                
                $
                -
                
                
                $
                -
                
                
                $
                888Cash
      paid for taxes
                
                $
                -
                
                
                $
                -
                
                
                $
                -
   See
accompanying notes to condensed unaudited financial statements
 -4-
 
 EQUITY
VENTURES GROUP, INC.
 (A
DEVELOPMENT STAGE COMPANY)
 NOTES
TO CONDENSED FINANCIAL STATEMENTS
 AS OF JUNE 30,
2009
 (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) 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.
 
 (C) 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.
 
 (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, 2009 and 2008, there were no
common share equivalents outstanding.
   -5-
 
 EQUITY
VENTURES GROUP, INC.
 (A
DEVELOPMENT STAGE COMPANY)
 NOTES
TO CONDENSED FINANCIAL STATEMENTS
 AS OF JUNE 30,
2009
 (UNAUDITED)
  
 (E) Income
Taxes
 
 The
Company accounts for income taxes under the Statement of Financial Accounting
Standards No. 109, “Accounting for Income Taxes” (“Statement
109”).  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) Revenue
Recognition
 
 The
Company recognizes revenue on arrangements in accordance with Securities and
Exchange Commission Staff Accounting Bulletin No. 101, “Revenue Recognition in
Financial Statements” and No. 104, “Revenue Recognition”.  In all
cases, revenue is recognized only when the price is fixed and determinable,
persuasive evidence of an arrangement exists, the service is performed and
collectability of the resulting receivable is reasonably assured.
 
 (H)Reclassification
 
 Certain
amounts from prior period have been reclassified to conform to the current
period presentation.
 
 (I)Fair
Value of Financial Instruments
 
 The
carrying amounts of the Company’s financial instruments including accounts
payable approximate their fair value due to relatively short period to maturity
for these instruments.
 
 (J) Recent Accounting
Pronouncements
 
 In May
2009, the FASB issued SFAS No. 165 “Subsequent Events” (“SFAS 165”). SFAS 165
establishes general standards of accounting for and disclosure of events that
occur after the balance sheet date but before financial statements are issued or
are available to be issued. SFAS 165 sets forth (1) The period after the balance
sheet date during which management of a reporting entity should evaluate events
or transactions that may occur for potential recognition or disclosure in the
financial statements, (2) The circumstances under which an entity should
recognize events or transactions occurring after the balance sheet date in its
financial statements and (3) The disclosures that an entity should make about
events or transactions that occurred after the balance sheet date. SFAS 165 is
effective for interim or annual financial periods ending after June 15, 2009.
The Company is evaluating the impact the adoption of SFAS 165 will have on its
financial statements.
  -6-
 EQUITY
VENTURES GROUP, INC.
 (A
DEVELOPMENT STAGE COMPANY)
 NOTES
TO CONDENSED FINANCIAL STATEMENTS
 AS OF JUNE 30,
2009
 (UNAUDITED)
  
 In June
2009, the FASB issued SFAS No. 166 “Accounting for Transfers of Financial
Assets—an amendment of FASB Statement No. 140” (“SFAS 166”). SFAS 166 improves
the relevance, representational faithfulness, and comparability of the
information that a reporting entity provides in its financial statements about a
transfer of financial assets; the effects of a transfer on its financial
position, financial performance, and cash flows; and a transferor’s continuing
involvement, if any, in transferred financial assets. SFAS 166 is effective as
of the beginning of each reporting entity’s first annual reporting period that
begins after November 15, 2009, for interim periods within that first annual
reporting period and for interim and annual reporting periods thereafter. The
Company is evaluating the impact the adoption of SFAS 166 will have on its
financial statements.
 
 In June
2009, the FASB issued SFAS No. 167 “Amendments to FASB Interpretation No. 46(R)”
(“SFAS 167”). SFAS 167 improves financial reporting by enterprises involved with
variable interest entities and to address (1) the effects on certain provisions
of FASB Interpretation No. 46 (revised December 2003), “Consolidation of
Variable Interest Entities”, as a result of the elimination of the qualifying
special-purpose entity concept in SFAS 166 and (2) constituent concerns about
the application of certain key provisions of Interpretation 46(R), including
those in which the accounting and disclosures under the Interpretation do not
always provide timely and useful information about an enterprise’s involvement
in a variable interest entity. SFAS 167 is effective as of the beginning of each
reporting entity’s first annual reporting period that begins after November 15,
2009, for interim periods within that first annual reporting period, and for
interim and annual reporting periods thereafter. The Company is evaluating the
impact the adoption of SFAS 167 will have on its financial
statements.
 
 In June
2009, the FASB issued SFAS No. 168 “The FASB Accounting Standards Codification
and the Hierarchy of Generally Accepted Accounting Principles—a replacement of
FASB Statement No. 162”. The FASB Accounting Standards Codification
(“Codification”) will be the single source of authoritative nongovernmental U.S.
generally accepted accounting principles. Rules and interpretive releases of the
SEC under authority of federal securities laws are also sources of authoritative
GAAP for SEC registrants. SFAS 168 is effective for interim and annual periods
ending after September 15, 2009. All existing accounting standards are
superseded as described in SFAS 168. All other accounting literature not
included in the Codification is nonauthoritative. The Codification is not
expected to have a significant impact on the Company’s financial
statements.
 
 
 -7-
 EQUITY
VENTURES GROUP, INC.
 (A
DEVELOPMENT STAGE COMPANY)
 NOTES
TO CONDENSED FINANCIAL STATEMENTS
 AS OF JUNE 30,
2009
 (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
 
 For the
six months ended June 30, 2009, the Company recorded additional paid-in capital
of $3,000 for the fair value of services provided to the Company by its
president (See Note
3).
 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).
 
 For the
year ended December 31, 2008 the Company recorded additional paid-in capital of
$6,000 for the fair value of services provided to the Company by its president
(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.
   -8-
 EQUITY
VENTURES GROUP, INC.
 (A
DEVELOPMENT STAGE COMPANY)
 NOTES
TO CONDENSED FINANCIAL STATEMENTS
 AS OF JUNE 30,
2009
 (UNAUDITED)
 
 NOTE
3      RELATED PARTY
TRANSACTIONS
 
 For the
six months ended June 30, 2009, the Company recorded additional paid-in capital
of $3,000 for the fair value of services provided to the Company by its
president (See Note 2(D)).
 
 During
2003, 2002, 2001, 2000 and 1999, a stockholder of the Company paid $79, $79,
$79, $10,079 and $79, respectively, of operating expenses on behalf of the
Company (See Note 2(D)).
 
 For the
year ended December 31, 2008, the Company recorded additional paid-in capital of
$6,000 for the fair value of services provided to the Company by its president
(See Note 2 (D)).
 
 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 $10,000 from a principal stockholder. Pursuant to the
terms of the loan, the advance bears interest at 7%, is unsecured and matures on
August 2, 2007.
 
 On
November 13, 2007, the loan of $15,000, plus $888 of accrued interest was
repaid.
 
 NOTE
4      LETTER OF
INTENT
 
 On
January 31, 2009 the Company entered into a non-binding letter of intent with
GHG Trading Platforms.  On March 25, 2009, the Company, entered into a
stock purchase agreement and share exchange agreement with GHG Trading
Platforms, Inc.  The Company will receive $20,000 of cash in
connection with the sale in exchange for 90% of Company’s total issued and
outstanding shares.  The Company received $5,000 on April 16, 2009 and
$2,600 on May 20, 2009.  As of June 30, 2009, the terms of the
agreement were not met and the transaction did not occur..  The
Company retained the non-refundable deposits in accordance with the
agreement.
  -9-
 EQUITY
VENTURES GROUP, INC.
 (A
DEVELOPMENT STAGE COMPANY)
 NOTES
TO CONDENSED FINANCIAL STATEMENTS
 AS OF JUNE 30,
2009
 (UNAUDITED)
 
 NOTE
5      GOING
CONCERN
 
 As
reflected in the accompanying financial statements, the Company is in the
development stage with no operations, has a net loss of $54,037 for the period
from December 17, 1999 (inception) to June 30, 2009, a working capital and
stockholders’ deficiency of $16,242 as of June 30, 2009 and has a negative cash
flow from operations of $18,400 from inception. 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.
 
 Management
believes that actions presently being taken to obtain additional funding and
implement its strategic plans provide the opportunity for the Company to
continue as a going concern.
 
 NOTE
7      SUBSEQUENT
EVENTS
 
 On August
27, 2009, the Company issued 200,000 shares of common stock for cash of $20,000
($0.10 per share).
 
 In
preparing these condensed financial statements, we have evaluated events and
transactions for potential recognition or disclosure through November 3, 2009,
the date the condensed financial statements were issued.





-10-




ITEM
2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND
RESULTS OF OPERATIONS





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, 2009. From
inception through the period ended June 30, 2009, we recognized a net loss from
operations of $80,749. For the six months ended June 30, 2009, we recognized a
net loss from operations of $13,333. Expenses for the six months were
comprised of costs mainly associated with legal, accounting and
office.




On
January 31, 2009 the Company entered into a non-binding letter of intent with
GHG Trading Platforms.  On March 25, 2009, the Company, entered into a
stock purchase agreement and share exchange agreement with GHG Trading
Platforms, Inc.  The Company will receive $20,000 of cash in
connection with the sale in exchange for 90% of Company’s total issued and
outstanding shares.  The Company received $5,000 on April 16, 2009 and
$2,600 on May 20, 2009.  As of June 30, 2009, the terms of the
agreement were not met and the transaction did not occur.  The Company
retained the non-refundable deposits in accordance with the
agreement.




On
November 4, 2007, we entered into a non-binding letter of intent with
USASIA.  Pursuant to the letter of intent, we received a $20,000
deposit in consideration for exclusivity on this transaction.  Such
deposit became non-refundable after the due diligence period ended on November
9, 2007.  The parties were required to enter into a definitive
agreement no later than November 9, 2007.  The parties did not enter
into a definitive agreement by such date and to date no agreement has been
reached.  We retained the non-refundable deposit in accordance with
the letter of intent.





Liquidity and Capital
Resources





At June
30, 2009, we had cash balance of $0. 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.





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.








-11-






Plan of
Operation





Due to
the fact that 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
25, 2009 (the “Effective Date”), Equity Ventures Group, Inc. (hereinafter
referred to as “we,” “us” or “our”) entered into a share exchange agreement (the
“Agreement”) with GHG Trading Platforms, Inc., a Nevada corporation (“GHG”) and
the Shareholders of GHG (the “GHG Shareholders”) with the unanimous consent of
our board of directors in lieu of a special meeting. Pursuant to the Agreement,
the GHG Shareholders will sell to us 100% of the issued and outstanding common
stock of GHG in exchange for the issuance to the GHG Shareholders of shares of
our common stock on a one for one basis, pursuant to the terms and conditions
set forth in the Agreement.





Upon
execution of the Agreement, GHG made a non-refundable payment to us of $5,000
and shall make an additional non-refundable deposit payment of $15,000 within
three (3) days of such time as it has raised at least such amount in a private
placement offering.  According to the Agreement, the post-transaction
company will be required to register on a Form S-1 (the “Registration
Statement”) to be filed with the Securities and Exchange Commission (the “SEC”)
the shares of common stock held by the Equity Ventures shareholders prior to the
closing date within ninety (90) days following the close of the
Combination.





The
closing of the transaction was contingent upon GHG’s completion and delivery of
the audited financial statements for the fiscal years ended December 31, 2008
and 2007, and the reviewed financial statements for the three (3) months ended
March 31, 2009, which were to be provided within ten (10) weeks of the Effective
Date.    Such conditions were not met and the transaction
did not occur.


-12-





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’ 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 result of operations, financial position or liquidity for the periods
presented in this report.





Recent Accounting
Pronouncements




In May
2009, the FASB issued SFAS No. 165 “Subsequent Events” (“SFAS 165”). SFAS 165
establishes general standards of accounting for and disclosure of events that
occur after the balance sheet date but before financial statements are issued or
are available to be issued. SFAS 165 sets forth (1) The period after the balance
sheet date during which management of a reporting entity should evaluate events
or transactions that may occur for potential recognition or disclosure in the
financial statements, (2) The circumstances under which an entity should
recognize events or transactions occurring after the balance sheet date in its
financial statements and (3) The disclosures that an entity should make about
events or transactions that occurred after the balance sheet date. SFAS 165 is
effective for interim or annual financial periods ending after June 15, 2009.
The Company is evaluating the impact the adoption of SFAS 165 will have on its
financial statements.
 
 In June
2009, the FASB issued SFAS No. 166 “Accounting for Transfers of Financial
Assets—an amendment of FASB Statement No. 140” (“SFAS 166”). SFAS 166 improves
the relevance, representational faithfulness, and comparability of the
information that a reporting entity provides in its financial statements about a
transfer of financial assets; the effects of a transfer on its financial
position, financial performance, and cash flows; and a transferor’s continuing
involvement, if any, in transferred financial assets. SFAS 166 is effective as
of the beginning of each reporting entity’s first annual reporting period that
begins after November 15, 2009, for interim periods within that first annual
reporting period and for interim and annual reporting periods thereafter. The
Company is evaluating the impact the adoption of SFAS 166 will have on its
financial statements.
 
 In June
2009, the FASB issued SFAS No. 167 “Amendments to FASB Interpretation No. 46(R)”
(“SFAS 167”). SFAS 167 improves financial reporting by enterprises involved with
variable interest entities and to address (1) the effects on certain provisions
of FASB Interpretation No. 46 (revised December 2003), “Consolidation of
Variable Interest Entities”, as a result of the elimination of the qualifying
special-purpose entity concept in SFAS 166 and (2) constituent concerns about
the application of certain key provisions of Interpretation 46(R), including
those in which the accounting and disclosures under the Interpretation do not
always provide timely and useful information about an enterprise’s involvement
in a variable interest entity. SFAS 167 is effective as of the beginning of each
reporting entity’s first annual reporting period that begins after November 15,
2009, for interim periods within that first annual reporting period, and for
interim and annual reporting periods thereafter. The Company is evaluating the
impact the adoption of SFAS 167 will have on its financial
statements.
 
 In June
2009, the FASB issued SFAS No. 168 “The FASB Accounting Standards Codification
and the Hierarchy of Generally Accepted Accounting Principles—a replacement of
FASB Statement No. 162”. The FASB Accounting Standards Codification
(“Codification”) will be the single source of authoritative nongovernmental U.S.
generally accepted accounting principles. Rules and interpretive releases of the
SEC under authority of federal securities laws are also sources of authoritative
GAAP for SEC registrants. SFAS 168 is effective for interim and annual periods
ending after September 15, 2009. All existing accounting standards are
superseded as described in SFAS 168. All other accounting literature not
included in the Codification is nonauthoritative. The Codification is not
expected to have a significant impact on the Company’s financial
statements.


Off Balance Sheet
Transactions





None.








-13-






Item
3. Quantitative and Qualitative Disclosures About Market Risk





Not
required for smaller reporting companies.





Item
4T.  Controls and Procedures





a)  
Evaluation of Disclosure
Controls. Colette Kim, our Chief Executive Officer and Principal
Accounting Officer, evaluated the effectiveness of our disclosure controls and
procedures as of the end of our second fiscal quarter 2009 pursuant to
Rule 13a-15(b) of the Securities and Exchange Act. Disclosure controls and
procedures are controls and other procedures that 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 recorded, processed, summarized and reported within
the time periods specified in the SEC’s rules and forms. Disclosure controls and
procedures include, without limitation, controls and procedures designed to
ensure that information required to be disclosed by us in the reports that we
file under the Exchange Act is accumulated and communicated to our management,
as appropriate to allow timely decisions regarding required disclosure. Based on
their evaluations, Colette Kim concluded that our disclosure controls and
procedures were effective as of June 30, 2009.





It should
be noted that any system of controls, however well designed and operated, can
provide only reasonable, and not absolute, assurance that the objectives of the
system are met. In addition, the design of any control system is based in part
upon certain assumptions about the likelihood of future events. Because of these
and other inherent limitations of control systems, there can be no assurance
that any design will succeed in achieving its stated goals under all potential
future conditions





(b)
  Changes in internal
control over financial reporting. There have been no changes in our
internal control over financial reporting that occurred during the last fiscal
quarter that has materially affected, or is reasonably likely to materially
affect, our internal control over financial reporting. Our management team will
continue to evaluate our internal control over financial reporting in 2009 as we
implement our Sarbanes Oxley Act testing.











-14-






PART
II - OTHER INFORMATION





Item
1. Legal Proceedings.





Currently
we are not aware of any litigation pending or threatened by or against the
Company.





Item
1A. Risk Factors





None.





Item
2. Unregistered Sales of Equity Securities and Use of Proceeds





None.





Item
3. Defaults Upon Senior Securities.





None





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





None.





Item
5. Other Information.





None





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





(a)          
Exhibits





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





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





(b)         
 Reports of Form 8-K





None.








-15-





SIGNATURES





Pursuant
to the requirements of the Securities Exchange Act of 1934, as amended, the
registrant caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.





EQUITY
      VENTURES GROUP, INC.Date:
      November 16, 2009
            By:
            /s/
      Colette KimColette
      KimPresident,
      Secretary and Director

















-16-