SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
                                   FORM 10-QSB

[x] Quarterly Report Pursuant to Section 13 or 15(d) Securities Exchange Act of
1934 for Quarterly Period Ended September 30, 2005

-OR-

[ ]     Transition Report Pursuant to Section 13 or 15(d) of the Securities And
Exchange Act of 1934 for the transaction period from _________  to________

Commission File Number             333-123910


                           Proguard Acquisition Corp.
             ------------------------------------------------------
             (Exact name of registrant as specified in its charter)


                FLORIDA                              33-1093761
             ------------------------------------------------------
             (State or other jurisdiction         (I.R.S. Employer
             of incorporation or organization   Identification Number)

                            3040 E. Commercial Blvd.
                            Ft. Lauderdale, FL 33308
            -------------------------------------------------------
               (Address of principal executive offices, Zip Code)

                                  954-491-0704
            --------------------------------------------------------
              (Registrant's telephone number, including area code)


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

Yes  [ X ]      No [   ]

The number of outstanding shares of the registrant's common stock,
December 21, 2005:  Common Stock -  2,350,000

<PAGE>

 PART I -- FINANCIAL INFORMATION


Item 1.   Consolidated Financial Statements                    Page
                                                               ----
Consolidated Balance Sheet,
   September 30, 2005(unaudited)                                 3
Consolidated Statements of Operations for the
   Three months ended September 30, 2005 and 2004
   (unaudited) and for the Nine months ended
   September 30, 2005 and 2004 (unaudited)                      4-5
   Consolidated Statements of Cash Flows for the
   Nine months ended September 30, 2005 and
   2004 (unaudited)                                              6
Notes to consolidated financial statements                       7

Item 2.   Management's Discussion and
           Analysis or Plan of Operation                        8-10

Item 3.   Controls and Procedures                               10

PART II - OTHER INFORMATION

Item 1.   Legal Proceedings                                     10

Item 2.  Unregistered Sales of Equity Securities
           and Use of Proceeds                                  10

Item 3.   Default Upon Senior Securities                        10

Item 4.   Submission of Matters to a Vote of
           Security Holders                                     10

Item 5.   Other Information                                     10

Item 6.   Exhibits                                              10

Signatures                                                      11

                                       2

<PAGE>

                           PROGUARD ACQUISITION CORP.
                           CONSOLIDATED BALANCE SHEET
                               SEPTEMBER 30, 2005
                                   (UNAUDITED)

                                     ASSETS
Current assets:
  Cash                                                     $   30,479
  Accounts receivable, net of allowance for doubtful
   accounts of $8,934                                         163,726
  Inventory                                                    50,893
  Prepaid expenses                                              3,117
  Income tax refund receivable                                  1,028
                                                           ----------
    Total Current Assets                                      249,243
                                                           ----------
Property and equipment, net of accumulated depreciation        13,453

Purchased contracts, net of accumulated amortization           58,833

Deferred tax assets                                           13,526
                                                           ----------
         TOTAL ASSETS                                      $  335,055
                                                           ==========

                  LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:
  Notes payable, related party                             $   50,000
  Accounts payable                                             18,733
  Accrued expenses                                             16,519
  Deferred income                                              55,323
  Retainage payable                                             7,551
  Line of credit                                               42,839
                                                           ----------
    Total Current Liabilities                                 190,965
                                                           ----------
Long-term liabilities:
  Notes payable, related party                                 50,000
                                                           ----------
    Total liabilities                                         240,965
                                                           ----------
Stockholders' equity:
  Preferred stock, $0.001 par value, 5,000,000 shares
    authorized, no shares issued or outstanding                     -
  Common stock, $0.001 par value, 50,000,000 shares
      authorized, 2,350,000 shares issued and outstanding       2,350
  Additional paid in capital                                  151,849
  Accumulated deficit                                         (60,109)
                                                           ----------
                                                               94,090
                                                           ----------
          TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY       $  335,055
                                                           ==========

See accompanying notes to the unaudited consolidated financial statements.

                                       3

<PAGE>
                           PROGUARD ACQUISITION CORP.
                      CONSOLIDATED STATEMENTS OF OPERATIONS
             FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2005 AND 2004
                                   (UNAUDITED)

                                                 2005         2004
                                              ----------   ----------
SALES
  Equipment & Installation                    $  243,378   $  100,248
  Monitoring                                      53,960       26,407
  Services                                        23,349       11,644
                                              ----------   ----------
                                                 320,687      138,299
                                              ----------   ----------

COST OF SALES
  Equipment & Installation                        46,245       26,604
  Monitoring                                       6,914        3,909
  Labor                                           54,289       27,262
  Subcontracted labor                             31,993       11,520
                                              ----------   ----------
                                                 139,441       69,295
                                              ----------   ----------

GROSS PROFIT                                     181,246       69,004
                                              ----------   ----------
SELLING, GENERAL AND ADMINISTRATIVE
   EXPENSES                                      136,664       87,480
DEPRECIATION EXPENSE                               1,466        7,900
                                              ----------   ----------
                                                 138,130       95,380
                                              ----------   ----------

INCOME (LOSS) FROM OPERATIONS                     43,116      (26,376)
                                              ----------   ----------

OTHER EXPENSE:
  Interest expense                                (2,909)      (5,689)
                                              ----------   ----------
                                                  (2,909)      (5,689)
                                              ----------   ----------
Net income (loss) before income taxes             40,207      (32,065)
Provision for income taxes - current              (3,108)        (127)
Provision for income taxes - deferred             16,634            -
                                              ----------   ----------
NET INCOME (LOSS)                             $   53,733   $  (32,192)
                                              ==========   ==========
Basic and diluted income per common share     $     0.02   $    (0.01)
                                              ==========   ==========
Basic and diluted - weighted average shares
 outstanding                                   2,350,000    2,350,000
                                              ==========   ==========

See accompanying notes to the unaudited consolidated financial statements.

                                       4

<PAGE>

                           PROGUARD ACQUISITION CORP.
                      CONSOLIDATED STATEMENTS OF OPERATIONS
              FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2005 AND 2004
                                   (UNAUDITED)

                                                 2005         2004
                                              ----------   ----------
SALES
  Equipment & Installation                   $   503,496   $  297,171
  Monitoring                                     142,561       79,518
  Services                                        57,290       27,319
                                              ----------   ----------
                                                 703,347      404,008
                                              ----------   ----------

COST OF SALES
  Equipment & Installation                        99,053       81,510
  Monitoring                                      18,958        9,070
  Labor                                          125,733       67,987
  Subcontracted labor                             52,769       29,179
                                              ----------   ----------
                                                 296,513      187,746
                                              ----------   ----------

GROSS PROFIT                                     406,834      216,262
                                              ----------   ----------
SELLING, GENERAL AND ADMINISTRATIVE
   EXPENSES                                      379,393      222,033
DEPRECIATION EXPENSE                               4,396        9,235
                                              ----------   ----------
                                                 383,789      231,268
                                              ----------   ----------

INCOME (LOSS) FROM OPERATIONS                     23,045      (15,006)
                                              ----------   ----------

OTHER INCOME (EXPENSE):
  Interest expense                                (8,634)      (9,266)
                                              ----------   ----------
                                                  (8,634)      (9,266)
                                              ----------   ----------
Net income (loss) before income taxes             14,411      (24,272)
Provision for income taxes - current              (3,108)        (381)
Provision for income taxes - deferred             16,634            -
                                              ----------   ----------
NET INCOME (LOSS)                             $   27,937   $  (24,653)
                                              ==========   ==========

Basic and diluted (loss) per common share     $     0.01   $    (0.01)
                                              ==========   ==========
Basic and diluted - weighted average shares
 outstanding                                   2,350,000    2,350,000
                                              ==========   ==========

See accompanying notes to the unaudited consolidated financial statements.

                                       5

<PAGE>

                           PROGUARD ACQUISITION CORP.
                 CONSOLIDATED STATEMENTS OF CASH FLOWS
             FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2005 AND 2004
                                   (UNAUDITED)

                                                 2005         2004
                                              ----------   ----------
Cash flows from operating activities:
  Net cash provided by (used in)
   operating activities                       $ (70,353)   $   96,056
                                              ----------   ----------

Cash flows from investing activities:
  Acquisition of contracts                      (11,360)     (48,565)
                                              ----------   ----------
    Net cash used in investing activities       (11,360)     (48,565)
                                              ----------   ----------
Cash flows from financing activities:
  Shareholder loan                                    -      (10,000)
  Notes payable - related party                       -       43,500
                                              ----------   ----------
    Net cash provided by financing activities         -       33,500
                                              ----------   ----------

Increase (DECREASE) IN CASH                     (81,713)      80,991

CASH, BEGINNING OF PERIOD                       112,192       31,538
                                              ----------   ----------
CASH, END OF PERIOD                           $  30,479   $  112,529
                                              ==========   ==========

Supplemental cash flow information:
  Cash paid for interest                      $    8,634   $   9,266
                                              ==========   ==========
  Cash paid for income taxes                  $        -   $     381
                                              ==========   ==========



See accompanying notes to the unaudited consolidated financial statements.

                                       6

<PAGE>

                           PROGUARD ACQUISITION CORP.
                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                               SEPTEMBER 30, 2005
                                  (UNAUDITED)


NOTE 1.  BASIS OF PRESENTATION

The accompanying unaudited consolidated financial statements present the
accounts of Proguard Acquisition Corp. and its wholly-owned subsidiary,
Proguard Protection Services, Inc., a Colorado corporation.

These financial statements have been prepared in accordance with accounting
principles generally accepted in the United States of America (GAAP) for interim
financial information and Item 310(b) of Regulation SB. They do not include all
of the information and footnotes for complete financial statements as required
by GAAP. In management's opinion, all adjustments (consisting only of normal
recurring adjustments) considered necessary for a fair presentation have been
included. The results of operations for the periods presented are not
necessarily indicative of the results to be expected for the full year. For
further information, refer to the Company's audited financial statements as of
December 31, 2004 including notes thereto.

Certain reclassifications have been made to the September 30, 2004 Consolidated
Statements of Operations to conform to the classifications of 2005. Such
reclassifications have no effect on the Company's financial position or net
income (loss) for the periods being reported.


NOTE 2.  RELATED PARTY TRANSACTIONS

During the three and nine months ended September 30, 2005, the Company paid
affiliated entities $5,290 and $33,000 respectively for rent, office expenses,
and consulting fees.

During the year ended December 31, 2003, an entity related to the Company
advanced $50,000 in cash to the Company as evidenced by a note. This note is
convertible into 150,000 shares of the Company's common stock at the holder's
option at any time prior to the maturity date. The note bears interest at 8
percent per annum payable quarterly and matured on January 31, 2005. During the
three months ended March 31, 2005, the Company entered into a new note agreement
that eliminates the conversion feature and extends the maturity date to January
31, 2007.

                                       7

<PAGE>

ITEM 2.   MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION.

Effective July 1, 2004, Proguard Protection became a wholly owned subsidiary of
Proguard Acquisition. The outstanding shares of Proguard Protection, no par
value common stock were canceled and Proguard Acquisition acquired 100 shares of
the no par value common stock of Proguard Protection for $100 on July 1, 2004.

This acquisition of Proguard Protection, the accounting acquirer, by Proguard
Acquisition, a non-operating entity, was considered in substance a capital
transaction and has been accounted for as a reverse acquisition, and no goodwill
or other intangible assets have been recorded.

The following discussion of Proguard Acquisition includes the financial results
of its wholly owned subsidiary, Proguard Protection.

Trends and Uncertainties.
-------------------------
The demand for our products and services would be negatively affected by an
increased adoption of non-response or verification-required policies by police
departments as well as economic downturns.

We received an aggregate of $142,561 for monitoring accounts during the nine
months ended September 30, 2005. This amount may be reduced if any of the
customers cancel their existing contracts. We continue to grow our account base
through purchases and in-house sales. Increases in our account base have
exceeded customer cancellations to date. As of September 30, 2005, our customer
account base has increased to 460 accounts, averaging approximately 15 new
accounts per month with only an average of 1 cancellation per month. However, a
large number of cancellations would have a negative impact on future results of
operations and liquidity.

Financing Activities.
---------------------
For the nine months ended September 30, 2005, we did not pursue any financing
activities. Comparatively, for the nine months ended September 30, 2004, we
received proceeds from related party loans of $43,500 and there was a loan in
the amount of $10,000 to a shareholder.

Investing Activities.
---------------------
During the nine months ended September 30, 2005, we purchased additional
security monitoring contracts from third parties for $11,360. Absent
cancellations, we will receive approximately $545 in monthly fees from these
contracts.

Results of Operations.
----------------------
Quarterly billings for monitoring are billed in advance. All of this billed
revenue is deferred to the following period and recognized in its entirety.

                                       8

<PAGE>

The bundled monthly charge for monitoring and extended service protection is
billed on a quarterly basis in advance. Revenue for both monitoring and extended
service protection is recorded as Monitoring Revenue. Quarterly billed revenue
is deferred at the time of billing and recognized during the quarter covered by
the billing period. Expense related to both the monitoring and extended service
protection are recognized in the quarter in which they are incurred.

The three and nine months ended September 30, 2005 compared to three and nine
months ended September 30, 2004.

Our sales increased significantly for the three and nine months ended September
30, 2005 from $138,299 and $404,008 for the three and nine months ended June,
2004, respectively to $320,687 and $703,347 for the three and nine months ended
September 30, 2005, respectively due to increased operations and the purchase of
the security monitoring contracts. Revenues were earned mainly by services, the
sale of equipment, installation fees and monitoring fees.

Our 2005 sales for the three and nine months ended September 30, 2005 increased
significantly over the three and nine months ended September 30, 2004 in the
following areas and for the following reasons:

Equipment and Installation revenue increased $143,130 and $206,325 or 142.77%
   and 69.42%, respectively.

     -    Builders business added to installation revenue;
     -    Labor prices were  increased  from $65.00 to $78.00 per hour (20%) and
          accepted. This labor rate remains still below our competition; A heavy
          marketing campaign for system upgrades and conversion was conducted;
     -    Hybrid  wireless  systems  allowed  installations  to  meet  insurance
          requirements without having to destroy homes; and
     -    Actual installs increased.
Monitoring recurring revenue increased by $27,553 and $63,043 or 104.34% and
   79.28%, respectively.
     -    Our customer base increased;
     -    Monthly  recurring revenue per account increased due to other services
          (open/close reports, service contracts, key holder service, cell radio
          back-up, etc.), being sold;
     -    Strong  increase in commercial  fire and business  accounts  increased
          monthly monitoring rate average;
     -    Real estate  brokers and property  managers  began  transferring  bulk
          accounts to our company; and
     -    Local company/local service theme began to take root.
Service revenue increased $11,705 and $29,971 or 100.52% and 109.70%,
   respectively.
     -    Hourly service rate was increased by $13.00;
     -    Free service calls were reduced;
     -    Service call labor was reduced  through better routing and efficiency;
          and
     -    Marketing campaign for free system inspections  produced major service
          revenue for upgrade and change out of  defective  equipment  found and
          documented.

                                       9

<PAGE>

Our selling, general and administrative expenses increased $49,184 and $157,360
or 56.22% and 70.87% for the three and nine months ended September 30, 2005
compared to September 30, 2004 mainly due to costs associated with increased
operations.

As our business increases, we expect our cost of sales to increase due to the
increased amount of labor necessary to install and monitor the security systems.
However, we do not expect to significantly increase the number of employees
until we expand. We will continue to try to minimize our costs by issuing common
shares for services where possible.

Item 3. Controls and Procedures

The chief executive officer/chief financial officer of Proguard Acquisition has
made an evaluation of the disclosure controls and procedures relating to the
financial statements of Proguard Acquisition for the nine months ended September
30, 2005 as filed with the Securities and Exchange Commission and has judged
such controls and procedures to be effective as of September 30, 2005 (the
evaluation date).

There have not been any significant changes in the internal controls of Proguard
Acquisition or other factors that could significantly affect internal controls
relating to Proguard Acquisition since the evaluation date.


PART II - OTHER INFORMATION

Item 1. Legal Proceedings. Not Applicable.

Item 2. Changes in Securities and Use of Proceeds.
        Not Applicable

Item 3. Defaults Upon Senior Securities.
        Not Applicable.

Item 4. Submission of Matters to a Vote of Security Holders.
         Not Applicable.

Item 5. Other Information. Not Applicable.

Item 6. Exhibits

         31 - 302 Certifications
         32 - 906 Certifications



                                       10

<PAGE>

                                   SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this Report to be signed on its behalf by the
undersigned thereunto duly authorized.

Dated:  December 12, 2005

Proguard Acquisition Corp.

By  /s/ Frank Bauer
    ------------------------
    Frank Bauer
    President and Director