**JUMP'N      JAX, INC.**

| UTAH                                           | 87-0649332                         |
|------------------------------------------------|------------------------------------|
| (State                or other jurisdiction of | (I.R.S.                Employer    |
| incorporation                or organization)  | Identification                No.) |

| Class                                        | Outstanding                as of March 31, 2006 |
|----------------------------------------------|-------------------------------------------------|
| Common                Stock, $.001 par value | 607,602                                         |

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| PART                I - FINANCIAL INFORMATION |                                                                                                            |
|-----------------------------------------------|-----------------------------------------------------------------------------------------------------------------|
|                                          |                                                                                                            |   |
| Item                1.                        | Financial Statements..                                                                                          | 3 |
|                                          |                                                                                                            |   |
|                                          | Balance                Sheets - March 31, 2006 (unaudited) and December 31, 2005                                | 4 |
|                                          |                                                                                                            |   |
|                                          | Statements                of Operations - three months ended March 31, 2006 and                2005 (unaudited) | 5 |
|                                          |                                                                                                            |   |
|                                          | Statements                of Cash Flows - three months ended March 31, 2006 and                2005 (unaudited) | 6 |
|                                          |                                                                                                            |   |
|                                          | Notes                to Financial Statements                                                                    | 7 |
|                                          |                                                                                                            |   |
| Item                2.                        | Management's Discussion and Analysis              or Plan              of Operations                            | 8 |
|                                          |                                                                                                            |   |
| Item                3.                        | Controls and Procedures                                                                                         | 10 |
|                                          |                                                                                                            |   |
|                                          |                                                                                                            |   |
| PART                II - OTHER INFORMATION    |                                                                                                            |
|                                          |                                                                                                            |   |
| Item                1.                        | Legal Proceedings                                                                                          | 11 |
|                                          |                                                                                                            |   |
| Item                2.                        | Unregistered Sales of Equity Securities              and              Use of Proceeds                           | 11 |
|                                          |                                                                                                            |   |
| Item                3.                        | Defaults Upon Senior Securities                                                                                 | 11 |
|                                          |                                                                                                            |   |
| Item                4.                        | Submission of Matters to a Vote of Securities              Holders                                              | 11 |
|                                          |                                                                                                            |   |
| Item                5.                        | Other Information                                                                                               | 11 |
|                                          |                                                                                                            |   |
| Item                6.                        | Exhibits and Reports on Form 8-K                                                                                | 11 |
|                                          |                                                                                                            |   |
| Signatures                                    |                                                                                                            | 12 |

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| **JUMP'N                  JAX, INC.** |
|---------------------------------------|
| Balance                  Sheets       |

| ASSETS                                                        |   |
|---------------------------------------------------------------|--------|
|                                                          |   |   |   |   |   |
|                                                          |   | March                31,  |   | December                31,  |   |
|                                                               |   | 2006 |   | 2005 |   |
|                                                          |   | (Unaudited)  |   |   |   |
|                                                          |   |   |   |   |   |
| CURRENT                ASSETS                                 |   |   |   |   |   |
|                                                          |   |   |   |   |   |
| Cash                                                          |   | $ | 2,753 |   | $ | 15,660 |   |
|                                                          |   |   |   |   |   |   |   |
| Total                Current Assets                           |   |   | 2,753 |   |   | 15,660 |   |
|                                                          |   |   |   |   |   |   |   |
| OTHER                ASSETS                                   |   |   |   |   |   |   |   |
|                                                          |   |   |   |   |   |   |   |
| Net                assets of discontinued operations          |   |   | 2,095 |   |   | 2,952 |   |
|                                                          |   |   |   |   |   |   |   |
| Total                Fixed Assets                             |   |   | 2,095 |   |   | 2,952 |   |
|                                                          |   |   |   |   |   |   |   |
| TOTAL                ASSETS                                   |   | $ | 4,848 |   | $ | 18,612 |   |
|                                                          |   |   |   |   |   |   |   |
|                                                          |   |   |   |   |   |   |   |
|                                                          |   |   |   |   |   |   |   |
| LIABILITIES                AND STOCKHOLDERS' EQUITY (DEFICIT) |   |
|                                                          |   |   |   |   |   |   |   |
| Accounts                payable                               |   | $ | 3,600 |   | $ | 4,194 |   |
|                                                          |   |   |   |   |   |   |   |
| Total                Current Liabilities                      |   |   | 3,600 |   |   | 4,194 |   |
|                                                          |   |   |   |   |   |   |   |
|                                                          |   |   |   |   |   |   |   |
| STOCKHOLDERS'                EQUITY (DEFICIT)                 |   |   |   |   |   |   |   |
|                                                          |   |   |   |   |   |   |   |
| Common                stock; 50,000,000 shares authorized,    |   |   |   |   |   |   |   |
| at                $0.001 par value, 607,602 shares issued and |   |   |   |   |   |   |   |
| outstanding,                respectively                      |   |   | 608 |   |   | 608 |   |
| Additional                paid-in capital                     |   |   | 80,892 |   |   | 80,892 |   |
| Accumulated                deficit                            |   |   | (80,252 | ) |   | (67,082 | ) |
|                                                          |   |   |   |   |   |   |   |
| Total                Stockholders' Equity (Deficit)           |   |   | 1,248 |   |   | 14,418 |   |
|                                                          |   |   |   |   |   |   |   |
| TOTAL                LIABILITIES AND STOCKHOLDERS'            |   |   |   |   |   |   |   |
| EQUITY                (DEFICIT)                               |   | $ | 4,848 |   | $ | 18,612 |   |
|                                                          |   |   |   |   |   |   |   |

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| **JUMP'N                JAX, INC.**                 |
|-----------------------------------------------------|
| Statements                of Operations (Unaudited) |

|                                             |   | For                the Three         |    |
|--------------------------------------------------|--------|--------------------------------------|---------|
|                                             |   | Months                Ended     |    |
|                                             |   | March                31,   |    |
|                                             |   |                2006             |    |                2005 |   |
|                                             |   |                                 |    |    |   |
|                                             |   |                                 |    |    |   |
| REVENUES                                         |   | $                                    | — |   | $ | — |   |
|                                             |   |                                 |    |   |   |   |   |
| EXPENSES                                         |   |                                 |    |   |   |  |   |
|                                             |   |                                 |    |   |   |   |   |
| General                and Administrative   |   |                                 | 12,313  |   |   | 7,114 |   |
|                                             |   |                                 |    |   |   |   |   |
|  Total                Expenses              |   |                                 | 12,313  |   |   | 7,114 |   |
|                                             |   |                                 |    |   |   |   |   |
| OPERATING                LOSS                    |   |                                 | (12,313 | ) |   | (7,114 | ) |
|                                             |   |                                 |    |   |   |   |   |
| OTHER                EXPENSES                    |   |                                 |    |   |   |   |   |
|                                             |   |                                 |    |   |   |   |   |
| Interest                Expense             |   |                                 | — |   |   | (1,375 | ) |
|                                             |   |                                 |    |   |   |   |   |
|  Total                Other Expenses        |   |                                 | — |   |   | (1,375 | ) |
|                                             |   |                                 |    |   |   |   |   |
| LOSS                FROM CONTINUING OPERATIONS   |   |                                 | (12,313 | ) |   | (8,489 | ) |
|                                             |   |                                 |    |   |   |   |   |
|                                             |   |                                 |    |   |   |   |   |
| LOSS                FROM DISCONTINUED OPERATIONS |   |                                 | (857    | ) |   | (3,223 | ) |
|                                             |   |                                 |    |   |   |   |   |
|                                             |   |                                 |    |   |   |   |   |
| NET                LOSS                          |   | $                                    | (13,170 | ) | $ | (11,712 | ) |
|                                             |   |                                 |    |   |   |   |   |
|                                             |   |                                 |    |   |   |   |   |
| BASIC                LOSS PER SHARE              |   | $                                    | (0.02   | ) | $ | (0.04 | ) |
|                                             |   |                                 |    |   |   |   |   |
|                                             |   |                                 |    |   |   |   |   |
| WEIGHTED                AVERAGE NUMBER           |   |                                 |    |   |   |   |   |
| OF                SHARES OUTSTANDING             |   |                                 | 607,002 |   |   | 235,348 |   |

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| **JUMP'N                JAX, INC.**                 |
|-----------------------------------------------------|
| Statements                of Cash Flows (Unaudited) |

|                                                       |   |                                     |    |    |   |
|------------------------------------------------------------|--------|------------------------------------------|---------|--------------|--------|
|                                                       |   |                                     |    |    |   |
|                                                       |   | For                the Three   |    |
|                                                       |   | Months                Ended    |    |
|                                                       |   | March                31,       |    |
|                                                       |   | 2006                                     |    | 2005         |   |
|                                                       |   |                                     |    |    |   |
| CASH                FLOWS FROM OPERATING ACTIVITIES        |   |                                     |    |    |   |
|                                                       |   |                                     |    |    |   |
| Net                loss                                    |   | $                                        | (13,170 | )            | $      | (11,712 | ) |
|                                                       |   |                                     |    |         |   |   |   |
| Adjustments                to reconcile net loss to        |   |                                     |    |         |   |   |   |
| net                cash used by operating activities:      |   |                                     |    |         |   |   |   |
| Depreciation                                               |   |                                     | 857     |         |   | 857 |   |
| Changes                in operating assets and liabilities |   |                                     |    |         |   |   |   |
| Increase                in accounts payable                |   |                                     | (594    | )            |   | (3,556 | ) |
| Increase                in accrued interest - related      |   |                                     | — |         |   | 1,375 |   |
|                                                       |   |                                     |    |         |   |   |   |
| Net                Cash Used by Operating Activities       |   |                                     | (12,907 | )            |   | (13,036 | ) |
|                                                       |   |                                     |    |         |   |   |   |
|                                                       |   |                                     |    |         |   |   |   |
| CASH                FLOWS FROM INVESTING ACTIVITIES        |   |                                     | — |         |   | — |   |
|                                                       |   |                                     |    |         |   |   |   |
|                                                       |   |                                     |    |         |   |   |   |
| CASH                FLOWS FROM FINIANCING ACTIVITIES       |   |                                     | — |         |   | — |   |
|                                                       |   |                                     |    |         |   |   |   |
|                                                       |   |                                     |    |         |   |   |   |
| NET                DECREASE IN CASH                        |   |                                     | (12,907 | )            |   | (13,036 | ) |
|                                                       |   |                                     |    |         |   |   |   |
| CASH                AT BEGINNING OF PERIOD                 |   |                                     | 15,660  |         |   | 27,839 |   |
|                                                       |   |                                     |    |         |   |   |   |
| CASH                AT END OF PERIOD                       |   | $                                        | 2,753   |         | $      | 14,803 |   |
|                                                       |   |                                     |    |         |   |   |   |
|                                                       |   |                                     |    |         |   |   |   |
| SUPPLIMENTAL                DISCLOSURES OF                 |   |                                     |    |         |   |   |   |
| CASH                FLOW INFORMATION                       |   |                                     |    |         |   |   |   |
|                                                       |   |                                     |    |         |   |   |   |
| CASH                PAID FOR:                              |   |                                     |    |         |   |   |   |
|                                                       |   |                                     |    |         |   |   |   |
| Interest                                                   |   | $                                        | — |         | $      | — |   |
| Income                Taxes                                |   | $                                        | — |         | $      | — |   |

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**JUMP’N          JAX, INC.**

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| ·   | our                ability to search for and identify an appropriate business opportunity                and                to subsequently erge with or acquire such                entity; |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | our                ability to meet our cash and working capital                needs; |
|--------------------|---------------------------------------------------------------------------------------|

| ·   | our                ability to maintain our corporate existence as a viable                entity; |
|--------------------|---------------------------------------------------------------------------------------------------|

| ·   | other                risks detailed in our periodic report filings with the SEC;                and, |
|--------------------|------------------------------------------------------------------------------------------------------|

| ·   | general                economic conditions. |
|--------------------|---------------------------------------------|

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| (a)                   Exhibits: |                                                                                                                                                                                                                 |
|------------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                           |                                                                                                                                                                                                                 |
| Exhibit                31.1                    | Certification                of C.E.O. Pursuant to Section 302 of the Sarbanes-Oxley Act of                2002.                                                                                                     |
|                                           |                                                                                                                                                                                                                 |
| Exhibit                31.2                    | Certification                of Principal Accounting Officer Pursuant to Section 302 of the                Sarbanes-Oxley Act of 2002.                                                                               |
|                                           |                                                                                                                                                                                                                 |
| Exhibit                32.1                    | Certification                of C.E.O. Pursuant to 18 U.S.C. Section 1350, as Adopted ursuant                to                Section 906 of the Sarbanes-Oxley Act of 2002.                                        |
|                                           |                                                                                                                                                                                                                 |
| Exhibit                32.2                    | Certification                of Principal Accounting Officer Pursuant to 18 U.S.C. Section 13                50, as                adopted pursuant to Section 906 of the Sarbanes-Oxley Act of                2002. |

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|                                                 |                                          |                                                                                                                        |
|------------------------------------------------------|-----------------------------------------------|-----------------------------------------------------------------------------------------------------------------------------|
|                                                 | JUMP'N                JAX,                INC |
|                                            |                                     |                                                                                                                   |
| Date: May                3,                2006 | By:                                 | /s/ /S/                LANE                S. CLISSOLD                                                                 |
|                                                 |                                          | Lane                    S. Clissold,President                    and Director                                               |
|                                                 |                                          |                                                                                                                        |
|                                                 |                                          |                                                                                                                        |
| Date:                  May 3, 2006                   | By:                                           | /S/ STEVEN D. MOULTON                                                                                                       |
|                                                 |                                          | Steven                    D. MoultonSecretary                    / TreasurerPrincipal                    Accounting Officer |
|                                                 |                                               |
|                                                 |                                          |

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