**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 March 31, 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 May 2, 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 three
      months ended March 31, 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
              F-1
              CONDENSED
                  BALANCE SHEET AS OF MARCH 31, 2007 (UNAUDITED)PAGE
              F-2
              CONDENSED
                  STATEMENTS OF OPERATIONS FOR THE THREE MONTHS ENDED MARCH 31, 2007
                  AND
                  2006 AND FOR THE PERIOD FROM DECEMBER 17, 1999 (INCEPTION) TO MARCH
                  31,
                  2007 (UNAUDITED)PAGES
              F-3-F-4
              CONDENSED
                  STATEMENT OF CHANGES IN STOCKHOLDERS’ DEFICIENCY FOR THE PERIOD FROM
                  DECEMBER 17, 1999 (INCEPTION) TO MARCH 31, 2007
                  (UNAUDITED)PAGE
              F-5
              CONDENSED
                  STATEMENTS OF CASH FLOWS FOR THE THREE MONTHS ENDED MARCH 31, 2007
                  AND
                  2006 AND FOR THE PERIOD FROM DECEMBER 17, 1999 (INCEPTION) TO MARCH
                  31,
                  2007 (UNAUDITED)PAGES
              F-6
                  - F-10
              NOTES
                  TO CONDENSED FINANCIAL STATEMENTS (UNAUDITED)







**Equity
                  Ventures Group, Inc.****(A
                  Development Stage Company)****Condensed
                  Balance Sheet****March
                  31, 2007****(Unaudited)****ASSETS****Current
                  Assets**Cash
              
              $
              3,209**Total
                  Current Assets**
              
              
              3,209**Total
                  Assets**
              
              $
              3,209**LIABILITIES
                  AND STOCKHOLDERS' DEFICIENCY****Current
                  Liabilities**Accounts
                  payable
              
              $
              4,838Stockholder
                  Loans
              
              
              10,000Accrued
                  Interest
              
              
              319**Total
                  Current Liabilities**
              
              
              **15,157****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
              
              
              (40,743
              )**Total
                  Stockholders' Deficiency**
              
              
              **(11,948**
              **)****Total
                  Liabilities and Stockholders' Deficiency**
              
              $
              3,209














F-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 March 31,**
              
              **(Inception)
                  to****2007**
              
              **2006**
              
              **March
                  31, 2007****Operating
                  Expenses**Professional
                  fees
              
              
              3,205
              
              
              3,420
              
              
              35,737General
                  and administrative
              
              
              295
              
              
              702
              
              
              4,687**Total
                  Operating Expenses**
              
              
              3,500
              
              
              4,122
              
              
              40,424**Loss
                  from Operations**
              
              
              (3,500
              )
              
              (4,122
              )
              
              (40,424
              )**Other
                  Expense**Interest
                  Expense
              
              
              (172
              )
              
              -
              
              
              (319
              )**Total
                  Other Expenses**
              
              
              (172
              )
              
              -
              
              
              (319
              )**Provision
                  for Income Taxes**
              
              
              -
              
              
              -
              
              
              -**Net
                  Loss**
              
              **$**
              **(3,672**
              **)**
              **$**
              **(4,122**
              **)**
              **$**
              **(40,743**
              **)****Net
                  Loss Per Share - Basic and Diluted**
              
              **$**
              **(0.00**
              **)**
              **$**
              **(0.00**
              **)**
              **$**
              **(0.04**
              **)****Weighted
                  average number of shares outstanding****during
                  the period  basic and diluted**
              
              
              **974,000**
              
              
              **974,000**
              
              
              **1,131,225**






F-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 March 31,
                      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
                  )
                  
                  -
                  
                  
                  -
  
   F-3
  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 March 31, 2007
                  
                  
                  -
                  
                  
                  -
                  
                  
                  -
                  
                  
                  -
                  
                  
                  -
                  
                  
                  (3,672
                  )
                  
                  -
                  
                  
                  (3,672
                  )**Balance,
                      March 31, 2007**
                  
                  
                  **-**
                  
                  
                  **-**
                  
                  
                  **974,000**
                  
                  **$**
                  **974**
                  
                  **$**
                  **27,821**
                  
                  **$**
                  **(40,743**
                  **)**
                  **$**
                  **-**
                  
                  **$**
                  **(11,948**
                  **)**
     
 F-4
  **Equity
                    Ventures Group, Inc.****(A
                    Development Stage Company)****Condensed
                    Statements of Cash Flows****(Unaudited)****For
                    the Period from December 17, 1999****For
                    the Three Months Ended March 31,**
                
                **(Inception)
                    to****2007**
                
                **2006**
                
                **March
                    31, 2007****Cash
                    Flows From Operating Activities:**Net
                    Loss
                
                $
                (3,672
                )
                $
                (4,122
                )
                $
                (40,743
                )Adjustments
                    to
                    reconcile net loss to net cash used in operationsIn-kind contribution
                
                
                -
                
                
                -
                
                
                10,395Changes
                    in operating assets and liabilities:Increase in accrued expenses
                
                
                172
                
                
                
                
                
                319Increase in accounts payable
                
                
                1,692
                
                
                4,092
                
                
                4,838**Net
                    Cash Provided by (Used In) Operating Activities**
                
                
                **(1,808**
                **)**
                
                **(30**
                **)**
                
                **(25,191**
                **)****Cash
                    Flows From Financing Activities:**Advances
                    from stockholders
                
                
                -
                
                
                
                
                
                10,000Proceeds
                    from issuance of common stock
                
                
                -
                
                
                -
                
                
                18,400**Net
                    Cash Provided by Financing Activities**
                
                
                **-**
                
                
                **-**
                
                
                **28,400****Net
                    Increase (Decrease) in Cash**
                
                
                (1,808
                )
                
                (30
                )
                
                3,209Cash
                    at Beginning of Period
                
                
                5,017
                
                
                3,858
                
                
                -**Cash
                    at End of Period**
                
                **$**
                **3,209**
                
                **$**
                **3,828**
                
                **$**
                **3,209****Supplemental
                    disclosure of cash flow information:**Cash
                    paid for interest
                
                $
                -
                
                $
                -
                
                $
                -Cash
                    paid for taxes
                
                $
                -
                
                $
                -
                
                $
                -


F-5




**EQUITY
        VENTURES GROUP, INC.**
 **(A
        DEVELOPMENT STAGE COMPANY)**
 **NOTES
        TO CONDENSED FINANCIAL STATEMENTS**
 **AS
        OF MARCH 31, 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 March 31, 2007 and 2006, and for the period from
        December 17, 1999 (inception) to March 31, 2007, respectively, there were
        no
        common share equivalents outstanding.
 
 
 F-6
 **EQUITY
          VENTURES GROUP, INC.**
 **(A
          DEVELOPMENT STAGE COMPANY)**
 **NOTES
          TO CONDENSED FINANCIAL STATEMENTS**
 **AS
          OF MARCH 31, 2007**
 **(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)
        Recent Accounting Pronouncements***
 
 In
        February 2006, the FASB issued SFAS No. 155, " *Accounting
        for Certain Hybrid Financial Instruments-an amendment of FASB Statements
        No. 133
        and 140* ",
        to
        simplify and make more consistent the accounting for certain financial
        instruments. SFAS No. 155 amends SFAS No. 133, " *Accounting
        for Derivative Instruments and Hedging Activities* ",
        to
        permit fair value re-measurement for any hybrid financial instrument with
        an
        embedded derivative that otherwise would require bifurcation, provided that
        the
        whole instrument is accounted for on a fair value basis. SFAS No. 155 amends
        SFAS No. 140, " *Accounting
        for the Impairment or Disposal of Long-Lived Assets* ",
        to
        allow a qualifying special-purpose entity to hold a derivative financial
        instrument that pertains to a beneficial interest other than another derivative
        financial instrument. SFAS No. 155 applies to all financial instruments acquired
        or issued after the beginning of an entity's first fiscal year that begins
        after
        September 15, 2006, with earlier application allowed. The adoption of this
        statement did not have a material effect on the Company's future reported
        financial position or results of operations.
 
 In
        March
        2006, the FASB issued SFAS No. 156, " *Accounting
        for Servicing of Financial Assets, an amendment of FASB Statement No. 140,
        Accounting for Transfers and Servicing of Financial Assets and Extinguishments
        of Liabilities* ".
        This
        statement requires all separately recognized servicing assets and servicing
        liabilities be initially measured at fair value, if practicable, and permits
        for
        subsequent measurement using either fair value measurement with changes in
        fair
        value reflected in earnings or the amortization and impairment requirements
        of
        Statement No. 140. The subsequent measurement of separately recognized servicing
        assets and servicing liabilities at fair value eliminates the necessity for
        entities that manage the risks inherent in servicing assets and servicing
        liabilities with derivatives to qualify for hedge accounting treatment and
        eliminates the characterization of declines in fair value as impairments
        or
        direct write-downs.
   F-7
  **EQUITY
          VENTURES GROUP, INC.**
 **(A
          DEVELOPMENT STAGE COMPANY)**
 **NOTES
          TO CONDENSED FINANCIAL STATEMENTS**
 **AS
          OF MARCH 31, 2007**
 **(UNAUDITED)**
  SFAS
        No.
        156 is effective for an entity's first fiscal year beginning after September
        15,
        2006. The adoption of this statement did not have a material effect on the
        Company's future reported financial position or results of
        operations.
 
 In
        June
        2006, the FASB issued FASB Interpretation No. 48, *“Accounting
        for Uncertainty in Income Taxes, an interpretation of FASB Statements No.
        109”* .
        FIN 48
        clarifies the accounting for uncertainty in income taxes by prescribing a
        two-step method of first evaluating whether a tax position has met a more
        likely
        than not recognition threshold and second, measuring that tax position to
        determine the amount of benefit to be recognized in the financial statements.
        FIN 48 provides guidance on the presentation of such positions within a
        classified statement of financial position as well as on derecognition, interest
        and penalties, accounting in interim periods, disclosure, and transition.
        FIN 48
        is effective for fiscal years beginning after December 15, 2006. The adoption
        of
        this statement did not have a material effect on the Company's future reported
        financial position or results of operations.
 
 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
        September 2006, the FASB issued SFAS No. 158, “ *Employers’
        Accounting for Defined Benefit Pension and Other Postretirement Plans - an
        amendment of FASB Statements No. 87, 88, 106, and 132(R)* ”.
        This
        statement requires employers to recognize the over-funded or under-funded
        status
        of a defined benefit postretirement plan (other than a multiemployer plan)
        as an
        asset or liability in its statement of financial position and to recognize
        changes in that funded status in the year in which the changes occur through
        comprehensive income of a business entity or changes in unrestricted net
        assets
        of a not-for-profit organization. This statement also requires an employer
        to
        measure the funded status of a plan as of the date of its year-end statement
        of
        financial position, with limited exceptions. The provisions of SFAS No. 158
        are
        effective for employers with publicly traded equity securities as of the
        end of
        the fiscal year ending after December 15, 2006. The adoption of this statement
        did not have a material effect on the Company's future reported financial
        position or results of operations.
   F-8
 **EQUITY
          VENTURES GROUP, INC.**
 **(A
          DEVELOPMENT STAGE COMPANY)**
 **NOTES
          TO CONDENSED FINANCIAL STATEMENTS**
 **AS
          OF MARCH 31, 2007**
 **(UNAUDITED)**
 
 In
        September 2006, the SEC issued Staff Accounting Bulletin (“SAB”) No. 108,
“ *Considering
        the Effects of Prior Year Misstatements when Quantifying Misstatements in
        Current Year Financial Statements* .”
SAB
        No. 108 addresses how the effects of prior year uncorrected misstatements
        should
        be considered when quantifying misstatements in current year financial
        statements. SAB No. 108 requires companies to quantify misstatements using
        a
        balance sheet and income statement approach and to evaluate whether either
        approach results in quantifying an error that is material in light of relevant
        quantitative and qualitative factors. SAB No. 108 is effective for period
        ending
        after November 15, 2006. The Company is currently evaluating the impact of
        adopting SAB No. 108 but does not expect that it will have a material effect
        on
        its financial statements.
 
 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.
 
 **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.
 
 
 F-9
 **EQUITY
          VENTURES GROUP, INC.**
 **(A
          DEVELOPMENT STAGE COMPANY)**
 **NOTES
          TO CONDENSED FINANCIAL STATEMENTS**
 **AS
          OF MARCH 31, 2007**
 **(UNAUDITED)**
 
 ***(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).
 
 During
        2006, the Company received $10,000 from a principal stockholder. Pursuant
        to the
        terms of the loan, the loan bears interest at 7%, is unsecured and matures
        on
        August 2, 2007. At March 31, 2007, the Company had recorded $319 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.











F-10




**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 March 31, 2007. From
        inception through the quarter ended March 31, 2007, we recognized a net loss
        from operations of $40,424. For the three months ended March 31, 2007, we
        recognized a net loss from operations of $3,500. Expenses for the three months
        were comprised of costs mainly associated with legal, accounting and
        office.




Liquidity
      and Capital Resources




At
      March
      31, 2007, we had cash of $3,209. 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.




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 consolidated results of operations, financial position or
      liquidity for the periods presented in this report.




Recent
      Accounting Pronouncements




In
      February 2006, the FASB issued SFAS No. 155, " *Accounting
      for Certain Hybrid Financial Instruments-an amendment of FASB Statements No.
      133
      and 140* ",
      to
      simplify and make more consistent the accounting for certain financial
      instruments. SFAS No. 155 amends SFAS No. 133, " *Accounting
      for Derivative Instruments and Hedging Activities* ",
      to
      permit fair value re-measurement for any hybrid financial instrument with an
      embedded derivative that otherwise would require bifurcation, provided that
      the
      whole instrument is accounted for on a fair value basis. SFAS No. 155 amends
      SFAS No. 140, " *Accounting
      for the Impairment or Disposal of Long-Lived Assets* ",
      to
      allow a qualifying special-purpose entity to hold a derivative financial
      instrument that pertains to a beneficial interest other than another derivative
      financial instrument. SFAS No. 155 applies to all financial instruments acquired
      or issued after the beginning of an entity's first fiscal year that begins
      after
      September 15, 2006, with earlier application allowed. The adoption of this
      statement did not have a material effect on the Company's future reported
      financial position or results of operations.





In
      March
      2006, the FASB issued SFAS No. 156, " *Accounting
      for Servicing of Financial Assets, an amendment of FASB Statement No. 140,
      Accounting for Transfers and Servicing of Financial Assets and Extinguishments
      of Liabilities* ".
      This
      statement requires all separately recognized servicing assets and servicing
      liabilities be initially measured at fair value, if practicable, and permits
      for
      subsequent measurement using either fair value measurement with changes in
      fair
      value reflected in earnings or the amortization and impairment requirements
      of
      Statement No. 140. The subsequent measurement of separately recognized servicing
      assets and servicing liabilities at fair value eliminates the necessity for
      entities that manage the risks inherent in servicing assets and servicing
      liabilities with derivatives to qualify for hedge accounting treatment and
      eliminates the characterization of declines in fair value as impairments or
      direct write-downs.




SFAS
      No.
      156 is effective for an entity's first fiscal year beginning after September
      15,
      2006. The adoption of this statement did not have a material effect on the
      Company's future reported financial position or results of
      operations.











In
        June
        2006, the FASB issued FASB Interpretation No. 48, *“Accounting
        for Uncertainty in Income Taxes, an interpretation of FASB Statements No.
        109”* .
        FIN 48
        clarifies the accounting for uncertainty in income taxes by prescribing a
        two-step method of first evaluating whether a tax position has met a more
        likely
        than not recognition threshold and second, measuring that tax position to
        determine the amount of benefit to be recognized in the financial statements.
        FIN 48 provides guidance on the presentation of such positions within a
        classified statement of financial position as well as on derecognition, interest
        and penalties, accounting in interim periods, disclosure, and transition.
        FIN 48
        is effective for fiscal years beginning after December 15, 2006. The adoption
        of
        this statement did not have a material effect on the Company's future reported
        financial position or results of operations.
 
 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
        September 2006, the FASB issued SFAS No. 158, “ *Employers’
        Accounting for Defined Benefit Pension and Other Postretirement Plans - an
        amendment of FASB Statements No. 87, 88, 106, and 132(R)* ”.
        This
        statement requires employers to recognize the over-funded or under-funded
        status
        of a defined benefit postretirement plan (other than a multiemployer plan)
        as an
        asset or liability in its statement of financial position and to recognize
        changes in that funded status in the year in which the changes occur through
        comprehensive income of a business entity or changes in unrestricted net
        assets
        of a not-for-profit organization. This statement also requires an employer
        to
        measure the funded status of a plan as of the date of its year-end statement
        of
        financial position, with limited exceptions. The provisions of SFAS No. 158
        are
        effective for employers with publicly traded equity securities as of the
        end of
        the fiscal year ending after December 15, 2006. The adoption of this statement
        did not have a material effect on the Company's future reported financial
        position or results of operations.
 
 In
        September 2006, the SEC issued Staff Accounting Bulletin (“SAB”) No. 108,
“ *Considering
        the Effects of Prior Year Misstatements when Quantifying Misstatements in
        Current Year Financial Statements* .”
SAB
        No. 108 addresses how the effects of prior year uncorrected misstatements
        should
        be considered when quantifying misstatements in current year financial
        statements. SAB No. 108 requires companies to quantify misstatements using
        a
        balance sheet and income statement approach and to evaluate whether either
        approach results in quantifying an error that is material in light of relevant
        quantitative and qualitative factors. SAB No. 108 is effective for period
        ending
        after November 15, 2006. The Company is currently evaluating the impact of
        adopting SAB No. 108 but does not expect that it will have a material effect
        on
        its financial statements.
 
 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 March 31, 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 communicated  to
      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 first 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 March 31, 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




May
      2,
      2007