UNITED STATESSECURITIES AND EXCHANGE COMMISSIONWashington, D.C. 20549FORM 10-QSB(Mark One)[X]
     
     QUARTERLY REPORT PURSUANT TO SECTION 13OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the quarterly period ended December 31, 2007OR[ ]
     
     TRANSITION REPORT PURSUANT TO SECTION 13OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the transition period from
     
     to




| | Commission File Number333-119566DYNAMIC ALERT LIMITED(Exact name of registrant as specified in its charter)
| | -----------------------------------------------------------------------------------------------------------

Nevada
State or other jurisdiction of incorporation or organization
     98-0430746
(I.R.S. Employer Identification No.)




|45563 RPO Sunnyside, Surrey, B.C. V4A 9N3(Address of principal executive offices) (Zip Code)
|--------------------------------------------------------------------------------------------

Registrants telephone number, including area code: (604) 202-6747

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

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

Number of shares outstanding of the registrants class of common stock as of January 31, 2008: 4,400,000

Authorized share capital of the registrant: 75,000,000 common shares, par value of $0.001

The Company recognized $3900 in revenue for the quarter ended December 31, 2007.

Transitional Small Business Disclosure Format: Yes ___ No X

---



|PART I - FINANCIAL INFORMATION
|------------------------------



|ITEM 1.
|-------



|FINANCIAL STATEMENTS
|--------------------



| | DYNAMIC ALERT LIMITED(A Development Stage Company)INTERIM FINANCIAL STATEMENTS
| | ------------------------------------------------------------------------------



|December 31, 2007
|-----------------

|                                          |  | Page      
|----------------------------------------- |  | ----------
|Financial Statements:                     |  |           
|Interim Balance Sheets                    |  | F-2       
|Interim Statements of Operations          |  | F-3 to F-4
|Interim Statements of Cash Flows          |  | F-5       
|Interim Statement of Stockholders Equity |  | F-6       
|Notes to Interim Financial Statements     |  | F-7 to F-8

F-1

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|DYNAMIC ALERT LIMITED                                 
|------------------------------------------------------
|(A Development Stage Company)                         
|                                                      
|INTERIM BALANCE SHEETS                                
|                                                      
|                                                      
|                                                      
|                                                      
|                                                      
|                                                      
|ASSETS                                                
|                                                      
|Current                                               
|Cash                                                  
|Notes receivable                                      
|                                                      
|Total Current Assets                                  
|                                                      
|Office Equipment costs, net of depreciation of $1,143 
|Computer Equipment costs, net of depreciation $1,028  
|Website Development costs, net of amortization of $406
|                                                      
|                                                      
|TOTAL ASSETS                                          
|                                                      
|                                                      
|                                                      
|LIABILITIES AND STOCKHOLDERS EQUITY                  
|                                                      
|LIABILITIES                                           
|                                                      
|Current                                               
|Accounts payable                                      
|Accrued liabilities                                   
|                                                      
|Total Current Liabilities                             
|                                                      
|                                                      
|STOCKHOLDERS EQUITY                                  
|                                                      
|Capital Stock                                         
|Authorized:                                           
|75,000,000 common shares, par value $0.001 per share  
|                                                      
|Issued and outstanding:                               
|4,400,000 common shares                               
|Additional paid-in capital                            
|Accumulated comprehensive income                      
|Deficit Accumulated During the Development Stage      
|                                                      
|Total Stockholders Equity                            
|                                                      
|                                                      
|TOTAL LIABILITIES AND STOCKHOLDERS EQUITY            
|                                                      

The accompanying notes are an integral part of these statements.

F-2

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DYNAMIC ALERT LIMITED (A Development Stage Company)

INTERIM STATEMENTS OF OPERATIONS

(Unaudited)

|                                 |  | Three-month   |  | Three-month  
|-------------------------------- |  | ------------- |  | -------------
|                                 |  | period ending |  | period ending
|                                 |  | December      |  | December     
|                                 |  | 31, 2007      |  | 31, 2006     
|                                 |  |               |  |              
|                                
|Revenue                          |  | $ 3,900       |  | $ -          
|                                 |  |               |  |              
|                                
|Cost of Goods Sold               |  | 3,250         |  | -            
|                                 |  |               |  |              
|                                 |  | 650           |  | -            
|                                 |  |               |  |              
|                                
|Expenses                         |  |               |  |              
|Depreciation and amortization    |  | 845           |  | 79           
|Consulting                       |  | -             |  | -            
|Marketing                        |  | 9,852         |  | -            
|Office and administration        |  | 2,190         |  | 560          
|Organizational costs             |  | -             |  | -            
|Professional fees                |  | 2,414         |  | 5,587        
|                                 |  |               |  |              
|                                 |  | 15,301        |  | 6,226        
|                                 |  |               |  |              
|                                
|Net Loss from Operations         |  | (14,651)      |  | (6,226)      
|                                 |  |               |  |              
|                                
|Other Income                     |  |               |  |              
|Interest income                  |  | -             |  | -            
|                                 |  |               |  |              
|                                
|Net Loss for the Period          |  | $ (14,651)    |  | $ (6,226)    
|                                 |  |               |  |              
|                                
|                                
|Basic and Diluted Loss per Share |  |               |  |              
|                                 |  | $ Nil         |  | $ Nil        
|                                 |  |               |  |              
|                                
|                                
|Weighted Average Number of       |  |               |  |              
|Shares Outstanding               |  | 4,400,000     |  | 3,500,000    
|                                 |  |               |  |              

The accompanying notes are an integral part of these statements.

F-3

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|                              |  |                                  |  | DYNAMIC ALERT LIMITED         |  |                 
|----------------------------- |  | -------------------------------- |  | ----------------------------- |  | ----------------
|                              |  |                                  |  | (A Development Stage Company) |  |                 
|                             
|                              |  | INTERIM STATEMENTS OF OPERATIONS |  |                              
|                             
|                              |  |                                  |  | (Unaudited)                   |  |                 
|                             
|                             
|                              |  |                                  |  |                               |  |                 
|                              |  |                                  |  | Six-month period              |  | Six-month period
|                              |  |                                  |  | ending                        |  | ending          
|                              |  |                                  |  | December 31,                  |  | December 31,    
|                              |  |                                  |  | 2007                          |  | 2006            
|                              |  |                                  |  |                               |  |                 
|                             
|Revenue                       |  | $4,499                           |  | $ -                           |  | $ 5,216         
|                              |  |                                  |  |                               |  |                 
|                             
|Cost of Goods Sold            |  |                                  |  | 3,250                         |  | -               
|                              |  |                                  |  |                               |  |                 
|                              |  |                                  |  | 1,249                         |  | -               
|                              |  |                                  |  |                               |  |                 
|                             
|Expenses                      |  |                                  |  |                               |  |                 
|Depreciation and amortization |  | 1,527                            |  | 89                            |  | 2,578           
|Consulting                    |  |                                  |  | -                             |  | -               
|Marketing                     |  |                                  |  | 9,852                         |  | -               
|Office and administration     |  |                                  |  | 5,684                         |  | 618             
|Organizational costs          |  |                                  |  | -                             |  | -               
|Professional fees             |  |                                  |  | 13,199                        |  | 6,638           
|                              |  |                                  |  |                               |  |                 
|                              |  |                                  |  | 30,262                        |  | 7,345           
|                              |  |                                  |  |                               |  |                 
|                             
|Net Loss From Operations      |  |                                  |  | (29,013)                      |  | (7,345)         
|                              |  |                                  |  |                               |  |                 
|                             
|Other Income                  |  |                                  |  |                               |  |                 
|Interest Income               |  |                                  |  | 668                           |  | -               
|                              |  |                                  |  |                               |  |                 
|                             
|Net Loss For The Period       |  | $(28,345)                        |  | $ (7,345)                     |  | $ (79,152)      
|                              |  |                                  |  |                               |  |                 
|                             
|                             
|Basic And Diluted Loss Per    |  |                                  |  |                               |  |                 
|Share                         |  | $(0.01)                          |  | $ Nil                         |  | $ (0.02)        
|                              |  |                                  |  |                               |  |                 
|                             
|                             
|Weighted Average Number Of    |  |                                  |  |                               |  |                 
|Shares Outstanding            |  |                                  |  | 4,400,000                     |  | 3,500,000       
|                              |  |                                  |  |                               |  |                 



|The accompanying notes are an integral part of these statements.
|----------------------------------------------------------------

F-4

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|DYNAMIC ALERT LIMITED                                           
|----------------------------------------------------------------
|(A Development Stage Company)                                   
|                                                                
|INTERIM STATEMENTS OF CASH FLOWS                                
|                                                                
|(Unaudited)                                                     
|                                                                
|                                                                
|                                                                
|                                                                
|                                                                
|                                                                
|                                                                
|                                                                
|                                                                
|Cash Flows from Operating                                       
|Activities                                                      
|Net loss for the period                                         
|                                                                
|Adjustments To Reconcile Net Loss                               
|To Net Cash Used By Operating                                   
|Activities                                                      
|Depreciation and amortization                                   
|Inventory                                                       
|Accounts payable and accrued                                    
|liabilities                                                     
|                                                                
|Cash from (used in) Operating                                   
|Activity                                                        
|                                                                
|                                                                
|Cash Flows from Investing Activity                              
|Additions to capital assets                                     
|Investment in note receivable                                   
|Additions to intangibles                                        
|                                                                
|Net Cash (Used in) Investing                                    
|Activities                                                      
|                                                                
|                                                                
|Cash Flows From Financing Activity                              
|Issuance of common shares                                       
|Foreign currency translation                                    
|adjustment                                                      
|                                                                
|Net Cash Provided by Financing                                  
|Activity                                                        
|                                                                
|                                                                
|Increase (Decrease) In Cash During                              
|The Period                                                      
|                                                                
|Cash, Beginning Of Period                                       
|                                                                
|                                                                
|Cash, End Of Period                                             
|                                                                
|                                                                
|Supplemental Disclosure Of Cash                                 
|Flow Information                                                
|Cash paid for:                                                  
|Interest                                                        
|Income taxes                                                    
|                                                                
|                                                                
|                                                                
|                                                                
|The accompanying notes are an integral part of these statements.

F-5

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|                                                                           |  |                                           |  | DYNAMIC ALERT LIMITED         |  |         |  |                             |  |                          |  |              
|-------------------------------------------------------------------------- |  | ----------------------------------------- |  | ----------------------------- |  | ------- |  | --------------------------- |  | ------------------------ |  | -------------
|                                                                           |  |                                           |  | (A Development Stage Company) |  |         |  |                             |  |                         
|                                                                          
|                                                                           |  | INTERIM STATEMENT OF STOCKHOLDERS EQUITY |  |                               |  |         |  |                            
|                                                                          
|For the period from June 17, 2004 (Date of Inception) to December 31, 2007 |  |                                           |  |                              
|                                                                           |  |                                           |  | (Unaudited)                   |  |         |  |                             |  |                          |  |              
|                                                                          
|                                                                           |  |                                           |  |                               |  |         |  |                             |  | DEFICIT                  |  |              
|                                                                           |  |                                           |  | CAPITAL STOCK                 |  |         |  | ACCUMULATED     ACCUMULATED |  |                         
|                                                                           |  |                                           |  |                               |  |         |  |                             |  |                         
|                                                                           |  |                                           |  | ADDITIONAL                    |  |         |  | DURING THE                  |  | COMPRE-                  |  |              
|                                                                           |  |                                           |  |                               |  | PAID-IN |  | DEVELOPMENT                 |  | HENSIVE                  |  |              
|                                                                           |  | SHARES                                    |  | AMOUNT                        |  | CAPITAL |  |                             |  | STAGE                    |  | INCOME (LOSS)
|                                                                           |  |                                           |  |                               |  |         |  |                             |  |                          |  |              
|                                                                          
|June 17, 2004  Shares                                                     |  |                                           |  |                               |  |         |  |                             |  |                          |  |              
|issued for cash at                                                         |  | 100,000                                   |  | $ 100                         |  | 900     |  | $ -                         |  | $                      - |  | $ 1,000      
|$0.01                                                                      |  |                                           |  |                               |  |         |  |                             |  |                          |  |              
|June 30, 2004  Shares                                                     |  |                                           |  |                               |  |         |  |                             |  |                          |  |              
|issued for cash at                                                         |  | 3,400,000                                 |  | 3,400                         |  | 30,600  |  |                             |  | -                        |  |              
|$0.01                                                                      |  |                                           |  |                               |  |         |  |                             |  |                          |  |              
|                                                                          
|Net loss for the period                                                    |  |                                           |  |                               |  |         |  |                             |  |                          |  |              
|ended June 30, 2004                                                        |  | -                                         |  | -                             |  | -       |  |                             |  | (1,709)                  |  |              
|                                                                           |  |                                           |  |                               |  |         |  |                             |  |                          |  |              
|                                                                          
|Balance, June 30, 2004                                                     |  | 3,500,000                                 |  | 3,500                         |  | 31,500  |  |                             |  | (1,709)                  |  |              
|                                                                           |  |                                           |  |                               |  |         |  |                             |  |                          |  |              
|                                                                          
|Net loss for the year                                                      |  | -                                         |  | -                             |  | -       |  |                             |  | (9,817)                  |  |              
|                                                                           |  |                                           |  |                               |  |         |  |                             |  |                          |  |              
|                                                                          
|Balance, June 30, 2005                                                     |  | 3,500,000                                 |  | 3,500                         |  | 31,500  |  |                             |  | (11,526)                 |  |              
|                                                                          
|Net loss for the year                                                      |  | -                                         |  | -                             |  | -       |  |                             |  | (4,206)                  |  |              
|                                                                           |  |                                           |  |                               |  |         |  |                             |  |                          |  |              
|                                                                          
|Balance, June 30, 2006                                                     |  | 3,500,000                                 |  | 3,500                         |  | 31,500  |  |                             |  | (15,732)                 |  |              
|                                                                          
|January 31, 2007                                                          |  |                                           |  |                               |  |         |  |                             |  |                          |  |              
|Shares issued for cash                                                     |  | 900,000                                   |  | 900                           |  | 89,100  |  |                             |  | -                        |  |              
|at $0.10                                                                   |  |                                           |  |                               |  |         |  |                             |  |                          |  |              
|                                                                          
|Foreign currency                                                           |  |                                           |  |                               |  |         |  |                             |  |                          |  |              
|translation adjustment                                                     |  | -                                         |  | -                             |  | -       |  |                             |  | -                        |  |              
|                                                                          
|Net loss for the year                                                      |  | -                                         |  | -                             |  | -       |  |                             |  | (35,075)                 |  |              
|                                                                           |  |                                           |  |                               |  |         |  |                             |  |                          |  |              
|                                                                          
|Balance June 30, 2007                                                      |  | 4,400,000                                 |  | 4,400                         |  | 120,600 |  |                             |  | (50,807)                 |  |              
|                                                                           |  |                                           |  |                               |  |         |  |                             |  |                          |  |              
|                                                                          
|Foreign currency                                                           |  |                                           |  |                               |  |         |  |                             |  |                          |  |              
|translation adjustment                                                     |  | -                                         |  | -                             |  | -       |  |                             |  | -                        |  |              
|                                                                          
|Net loss for the period                                                    |  | -                                         |  | -                             |  | -       |  |                             |  | (28,345)                 |  |              
|                                                                           |  |                                           |  |                               |  |         |  |                             |  |                          |  |              
|                                                                          
|Balance, December 31,                                                      |  |                                           |  |                               |  |         |  |                             |  |                          |  |              
|2007                                                                       |  | 4,400,000                                 |  | $ 4,400 $                     |  | 120,600 |  | $ (79,152)                  |  | $ 7,454                  |  | $ 53,302     
|                                                                           |  |                                           |  |                               |  |         |  |                             |  |                          |  |              



|The accompanying notes are an integral part of these statements.
|----------------------------------------------------------------

F-6

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|DYNAMIC ALERT LIMITED(A Development Stage Company)
|--------------------------------------------------



|NOTES TO INTERIM FINANCIAL STATEMENTSDECEMBER 31, 2007(Unaudited)
|-----------------------------------------------------------------



|Note 1
|------

Basis of Presentation

While the information presented in the accompanying interim financial statements is unaudited, it includes all adjustments which are, in the opinion of our management, necessary to present fairly the financial position, results of operations and cash flows in the interim periods presented. Except as disclosed below, these interim financial statements follow the same accounting policies and methods of their application as our audited June 30, 2007 annual financial statements. It is suggested that these interim financial statements be read in conjunction with our June 30, 2007 audited financial statements.

The information as of June 30, 2007 is taken from the audited financial statements of this date.



|Note 2 Significant Accounting Policies
|--------------------------------------

Concentrations

Financial instruments that potentially subject us to concentrations of credit risk consist principally of cash and cash equivalents. At December 31, 2007, we had $13,046 in U.S. funds in deposit in a business bank account and U.S. equivalent of $25,517 in Canadian funds in a business bank account which are not insured by agencies of the U.S. Government.



|Note 3 Basis of Presentation  Going Concern
|--------------------------------------------

The accompanying financial statements have been prepared in conformity with generally accepted accounting principles (GAAP) in the United States of America, which contemplates our continuation as a going concern. However, we have minimal business operations to date and have losses of approximately $79,152. These matters raise substantial doubt about our ability to continue as a going concern. In view of these matters, realization of certain of the assets in the accompanying balance sheet is dependent upon our ability to meet our financing requirements, raise additional capital, and the success of our future operations. We acquired additional operating capital through equity offerings to the public to fund our business plan. There is no assurance that the equity offerings will be successful in raising sufficient funds to assure our eventual profitability. Management believes that actions planned and presently being taken to revise our operating and financial requirements provide the opportunity for us to continue as a going concern. The financial statements do not include any adjustments that might result from these uncertainties.

|Note 4 | Income Taxes
We are subject to U.S. federal income taxes. We have had losses to date, and therefore, have paid no income tax.
Deferred income taxes arise from temporary timing differences in the recognition of income and expenses for financial reporting and tax purposes. Our deferred tax assets consist entirely of the benefit from net operating loss (NOL) carryforwards. Our deferred tax assets are offset by a valuation allowance due to the uncertainty of the realization of the NOL carryforwards. NOL carryforwards may be further limited by a change in company ownership and other provisions of the tax laws.
Our deferred tax assets, valuation allowance and change in valuation allowance are as follows:
|------ | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

F-7

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|       |  |                                       |  | DYNAMIC ALERT LIMITED         |  |                   |  |               |  |          
|------ |  | ------------------------------------- |  | ----------------------------- |  | ----------------- |  | ------------- |  | ---------
|       |  |                                       |  | (A Development Stage Company) |  |                   |  |               |  |          
|      
|       |  | NOTES TO INTERIM FINANCIAL STATEMENTS |  |                               |  |                  
|       |  |                                       |  |                               |  | DECEMBER 31, 2007 |  |               |  |          
|       |  |                                       |  |                               |  | (Unaudited)       |  |               |  |          
|      
|      
|      
|Note 4 |  | Income Taxes (continued)              |  |                               |  |                   |  |               |  |          
|      
|      
|      
|       |  |                                       |  | Estimated                     |  |                   |  | Estimated Tax |  |          
|       |  |                                       |  | NOL                           |  | NOL               |  | Benefit from  |  | Valuation
|       |  | Period Ending                         |  | Carryforward         Expires  |  | NOL               |  | Allowance     |  | Allowance
|       |  | June 30, 2007                         |  | 50,807                        |  | 2027              |  | 12,702        |  | (12,702) 
|       |  | December 31, 2007                     |  | 79,152                        |  | 2027              |  | 19,788        |  | (19,788) 

Income taxes at the statutory rate are reconciled to our actual income taxes as follows:

|Income tax benefit at statutory rate resulting from NOL carryforwards |  | (25%)
|--------------------------------------------------------------------- |  | -----
|                                                                      |  |      
|Deferred income tax valuation allowance                               |  | 25%  
|                                                                      |  |      
|Actual tax rate                                                       |  | 0%   
|                                                                      |  |      

F-8

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

We incorporated as Dynamic Alert Limited (referred to herein as we, us, our and similar terms) on June 17, 2004, in the State of Nevada. Our
principal executive offices are located at 45563 ROP Sunnyside, Surrey, British Columbia, V4A 9N3. Our telephone number is (604) 202-6747. Our fiscal year end is June 30.

Management's Discussion and Analysis of Financial Condition and Results of Operations

Full Fiscal Years

Over the last two (2) years, we have continued to build a business that assists consumers with their security needs. Our goal is to help our customers create and implement a
personalized security plan. We offer a three-fold service.

Our first focus is to assist our clients in developing personalized security plans. It is our managements opinion that having a personalized security plan in place may help
create an atmosphere of safety and may allow consumers the ability to conduct daily activities without undue worry and concern.  Our second focus is to source and market personal security products. This includes selling personal protection equipment
and devices through our website and from our portable kiosk which will be placed periodically in local shopping malls and at business and leisure/travel conventions. Our third focus is to provide personal protection on an as-needed basis.

We are continuing to develop our website in order to be fully interactive. The website will be used to introduce our products, take orders and respond to queries. Our officers monitor
our website daily to reply to inquiries.

In April 2008, we intend to provide security training for our officers. This training will come from outside sources unaffiliated with us.

Additionally, we intend to begin presenting seminars in April 2008. Our seminars will highlight the importance of personal security and protection, as well as present information on
personal security equipment and devices available in the market. The risks of not implementing a personalized security plan will be addressed and we will discuss the benefits associated with personal protection. Our seminar will be used to promote
the importance of our personal protection services as well as our security products available for purchase. At our seminar, attendees will be able to pick-up our brochure, ask questions regarding our products and services, and order products and
services directly. These seminars will be held in local community colleges as well as churches and other social facilities.

We plan to distribute all orders from our office location. Both kiosk and internet orders will be filled from the same location. Internet orders will be shipped via Canada Post
Express Courier Service. Distribution of our personal protection services will be on a contract basis. Our security personnel will be sent out on specific jobs as required.

During the first stages of our growth, our officers will provide all the labor required to operate our website, kiosk and security seminars at no charge. Since we intend to operate
with very limited administrative support, our officers will continue to be responsible for these tasks for at least the next twelve (12) months.

We will concentrate our efforts on building our internet business and the development of our seminars in order to establish a strong client base. In addition, we hope to generate
sales revenue from our portable kiosk which will be placed periodically in various Lower Mainland shopping malls.  As we gain experience and develop sufficient revenues from sales and service, we may consider expanding our business within the region
and possibly to other locations within Canada. At this time, however, we have no such expansion plans.

We believe our existing cash balances are sufficient to carry our normal operations for the next three (3) months. Our short and long-term survival is dependent on funding from sales
of securities as necessary or from shareholder loans, and thus, to the extent that we require additional funds to support our operations or the expansion of our business, we may attempt to sell additional equity shares or issue debt. Any sale of
additional equity securities will result in dilution to our stockholders.  There can be no assurance that additional financing, if required, will be available to us or on acceptable terms.

---

Interim Periods

We posted losses of $14,651 for the quarter ended December 31, 2007 compared to a net loss of $6,226 for the quarter ended December 31, 2006. We posted losses of $28,345
for the six-month period ending December 31, 2007 compared to net losses of $7,345 for the six-month period ending December 31, 2006. From inception to December 31, 2007, we have incurred losses of $79,152. The principal components of losses
were professional fees of $46,051, office and administration expenses of $12,322, marketing costs of $19,352, amortization of $2,578, organizational costs of $1,058, cost of goods sold of $4,000 and consulting
fees of $200.

We have $14,169 remaining from the net proceeds of our offering. As at January 31, 2008, our net cash balance was approximately $37,370. We do not have any lending
arrangements in place with banking or financial institutions and we do not anticipate that we will be able to secure these funding arrangements in the near future.

At December 31, 2007, we had working capital of $35,520, compared to working capital of $69,224 at June 30, 2007. At December 31, 2007 our total assets consisted of cash of
$38,563, capital assets of $17,238 and intangible assets of $544. This compares with total assets at June 30, 2007 consisting of cash of $34,491, notes receivable of $42,665, capital assets of $8,778 and intangible assets of
$703.

At December 31, 2007, our total current liabilities decreased to $3,043 from $7,932 at June 30, 2007.

We have recognized revenues of $3,900 for the quarter ended December 31, 2007.

Off-Balance Sheet Arrangements

We currently do not have any off-balance sheet arrangements.



|ITEM 3.
|-------



|CONTROLS AND PROCEDURES
|-----------------------

As of the end of the period covered by this report, we conducted an evaluation, under the supervision and with the participation of our chief executive officer and chief financial
officer, of our disclosure controls and procedures (as defined in Rule 13a-15(e) of the Exchange Act). Based upon this evaluation, our chief executive officer and chief financial officer concluded that our disclosure controls and procedures are
effective to ensure that information required to be disclosed by us in the reports that we file or submit under the Exchange Act is recorded, processed, summarized and reported, within the time periods specified in the Security and Exchange
Commission's rules and forms.

There has been no change in our internal control over financial reporting during the current quarter 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
|-----------------



|None.
|-----

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

There have not been any changes in our securities since filing our last Annual Report on Form 10-KSB for our fiscal year ended June 30, 2007, as filed on October 9, 2007.

As previously reported, on November 9, 2006, our Registration Statement on Form SB-2, commission file number 333-119566, became effective enabling us to offer up to 900,000 shares of
our common stock at a price of $0.10 per

---

share. On January 31, 2007, we accepted subscriptions for the entire offering from forty-one (41) investors raising a total of $90,000. There were no underwriters for this offering.

Following are the actual expenses of the offering incurred for our account from November 9, 2006,to December 31, 2007 that were paid directly from existing working capital at the time of the offering. They were not deducted from the proceeds of the offering. Net proceeds from the offering were $90,000.

|               |  | Amount of direct or indirect payments to   |  |                             
|-------------- |  | ------------------------------------------ |  | ----------------------------
|               |  | directors, officers, general partners, 10% |  | Amount of direct or indirect
|Expenses       |  | shareholders or affiliates of the Issuer   |  | payments to others          
|               |  |                                            |  |                             
|Legal          |  | $ 0                                        |  | $ 2,500                     
|Transfer Agent |  | 0                                          |  | 2,475                       
|               |  |                                            |  |                             
|               |  | $ 0                                        |  | $ 4,975                     
|               |  |                                            |  |                             

The following table notes the use of net proceeds for actual expenses incurred for our account from November 9, 2006 to December 31, 2007.

|                               |  | Amount of direct or indirect payments to   |  |                             
|------------------------------ |  | ------------------------------------------ |  | ----------------------------
|                               |  | directors, officers, general partners, 10% |  | Amount of direct or indirect
|Expenses                       |  | shareholders or affiliates of the Issuer   |  | payments to others          
|                               |  |                                            |  |                             
|Legal and Accounting           |  | $ 0                                        |  | $ 30,893                    
|Marketing                      |  | 0                                          |  | 19,351                      
|Website Devt & Telecom        |  | 0                                          |  | 666                         
|Office Furniture and Equipment |  | 0                                          |  | 3,701                       
|Kiosk                          |  | 0                                          |  | 9,469                       
|Portable Display               |  | 0                                          |  | 6,240                       
|Miscellaneous Administration   |  | 0                                          |  | 5,511                       
|                               |  |                                            |  |                             
|                               |  | $ 0                                        |  | $ 75,831                    
|                               |  |                                            |  |                             

The proceeds from our offering are being used to fund our operations as described in our Form SB-2 offering document incorporated by reference herein.

---

ITEM 3. DEFAULTS UPON SENIOR SECURITIES

None.

ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

None.



|ITEM 5.
|-------



|OTHER INFORMATION
|-----------------



|None.
|-----



|ITEM 6.
|-------



|EXHIBITS
|--------

Pursuant to Rule 601 of Regulation S-B, the following exhibits are included herein or incorporated by reference.

|Exhibit |            
|------- | -----------
|Number  | Description

|3.1  | Articles of Incorporation*                                      
|---- | ----------------------------------------------------------------
|    
|3.2  | By-laws*                                                        
|    
|31.1 | CERTIFICATION OF CEO PURSUANT TO 18 U.S.C. ss. 1350, SECTION 302
|    
|31.2 | CERTIFICATION OF CFO PURSUANT TO 18 U.S.C. ss. 1350, SECTION 302
|    
|32.1 | CERTIFICATION PURSUANT TO 18 U.S.C. ss. 1350, SECTION 906       
|    
|32.2 | CERTIFICATION PURSUANT TO 18 U.S.C. ss. 1350, SECTION 906       
|    

*Incorporated by reference to our Form SB-2 Registration Statement, file number 333-119566, filed
on October 30, 2006.

---



|SIGNATURES
|----------

Pursuant to the requirements of Section 13 or 15(d) 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, on this 12thday of February, 2008.



|DYNAMIC ALERT LIMITED
|---------------------



|Date: February 12, 2007
|-----------------------

By:/s/ Audrey Reich

Name: Audrey Reich

Title: President/Chief Executive Officer, principal executive officer



|Date: February 12, 2007
|-----------------------

By:/s/ Bradley Hawkings

Name: Bradley Hawkings

Title: Chief Financial Officer, principal financial officer and principal accounting officer

---