**JUMP'N      JAX, INC.**

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

| Class                                        |   | Outstanding                as of June 30, 2006 |
|----------------------------------------------|--------|------------------------------------------------|
| Common                Stock, $.001 par value |   | 807,602                                        |

----

|                   |   | PART                I - FINANCIAL INFORMATION                                      |   |   |
|------------------------|--------|------------------------------------------------------------------------------------|--------|--------|
|                   |   |                                                                               |   |   |
| Item                1. |   | Financial                Statements                                                |   | 3      |
|                   |   |                                                                               |   |   |
|                   |   | Balance                Sheets - June 30, 2006 (unaudited) and December 31, 2005    |   | 5      |
|                   |   |                                                                               |   |   |
|                   |   | Statements                of Operations - three and six months ended June 30, 2006 |   |   |
|                   |   | and                2005 (unaudited)                                                |   | 6      |
|                   |   |                                                                               |   |   |
|                   |   | Statements                of Cash Flows - three and six months ended June 30, 2006 |   |   |
|                   |   | and                2005 (unaudited)                                                |   | 7      |
|                   |   |                                                                               |   |   |
|                   |   | Notes                to Financial Statements                                       |   | 8      |
|                   |   |                                                                               |   |   |
| Item                2. |   | Management's                Discussion and Analysis or Plan of Operations          |   | 10     |
|                   |   |                                                                               |   |   |
| Item                3. |   | Controls                and Procedures                                             |   | 13     |
|                   |   |                                                                               |   |   |
|                   |   | PART                II - OTHER INFORMATION                                         |   |   |
|                   |   |                                                                               |   |   |
| Item                1. |   | Legal                Proceedings                                                   |   | 13     |
|                   |   |                                                                               |   |   |
| Item                2. |   | Unregistered                Sales of Equity Securities and Use of Proceeds         |   | 13     |
|                   |   |                                                                               |   |   |
| Item                3. |   | Defaults                Upon Senior Securities                                     |   | 13     |
|                   |   |                                                                               |   |   |
| Item                4. |   | Submission                of Matters to a Vote of Securities Holders               |   | 13     |
|                   |   |                                                                               |   |   |
| Item                5. |   | Other                Information                                                   |   | 13     |
|                   |   |                                                                               |   |   |
| Item                6. |   | Exhibits                and Reports on Form 8-K                                    |   | 14     |
|                   |   |                                                                               |   |   |
|                   |   | Signatures                                                                         |   | 15     |

----

----

**JUMP’N      JAX, INC.**

**FINANCIAL      STATEMENTS**

**June      30, 2006 and December 31, 2005**

----

**JUMP’N        JAX, INC.**

| ** **                                                     | ** ** | **June                  30,****2006** | ** ** | **December                  31,****2005** |   |
|----------------------------------------------------------------|------------|---------------------------------------|------------|-------------------------------------------|--------|
|                                                           |       | (Unaudited)                           |       |                                      |   |
| ASSETS                                                         |       |                                  |       |                                      |   |   |   |
|                                                           |       |                                  |       |                                      |   |   |   |
| CURRENT                ASSETS                                  |       |                                  |       |                                      |   |   |   |
|                                                           |       |                                  |       |                                      |   |   |   |
| Cash                                                           |       | $                                     | 19,856     |                                      | $      | 15,660 |   |
|                                                           |       |                                  |       |                                      |   |   |   |
| Total                Current Assets                            |       |                                  | 19,856     |                                      |   | 15,660 |   |
|                                                           |       |                                  |       |                                      |   |   |   |
| OTHER                ASSETS                                    |       |                                  |       |                                      |   |   |   |
|                                                           |       |                                  |       |                                      |   |   |   |
| Net                assets of discontinued operations           |       |                                  | 1,239      |                                      |   | 2,952 |   |
|                                                           |       |                                  |       |                                      |   |   |   |
| Total                Fixed Assets                              |       |                                  | 1,239      |                                      |   | 2,952 |   |
|                                                           |       |                                  |       |                                      |   |   |   |
| TOTAL                ASSETS                                    |       | $                                     | 21,095     |                                      | $      | 18,612 |   |
|                                                           |       |                                  |       |                                      |   |   |   |
| LIABILITIES                AND STOCKHOLDERS' EQUITY (DEFICIT)  |       |                                  |       |                                      |   |   |   |
|                                                           |       |                                  |       |                                      |   |   |   |
| Accounts                payable                                |       | $                                     | 625        |                                      | $      | 4,194 |   |
|                                                           |       |                                  |       |                                      |   |   |   |
| Total                Current Liabilities                       |       |                                  | 625        |                                      |   | 4,194 |   |
|                                                           |       |                                  |       |                                      |   |   |   |
| STOCKHOLDERS'                EQUITY (DEFICIT)                  |       |                                  |       |                                      |   |   |   |
|                                                           |       |                                  |       |                                      |   |   |   |
| Common                stock; 50,000,000 shares authorized,     |       |                                  |       |                                      |   |   |   |
| at                $0.001 par value, 807,602 and 607,602 shares |       |                                  |       |                                      |   |   |   |
| issued                and outstanding, respectively            |       |                                  | 808        |                                      |   | 608 |   |
| Additional                paid-in capital                      |       |                                  | 110,692    |                                      |   | 80,892 |   |
| Accumulated                deficit                             |       |                                  | (91,030    | )                                         |   | (67,082 | ) |
|                                                           |       |                                  |       |                                      |   |   |   |
| Total                Stockholders' Equity (Deficit)            |       |                                  | 20,470     |                                      |   | 14,418 |   |
|                                                           |       |                                  |       |                                      |   |   |   |
| TOTAL                LIABILITIES AND STOCKHOLDERS'             |       |                                  |       |                                      |   |   |   |
| EQUITY                (DEFICIT)                                |       | $                                     | 21,095     |                                      | $      | 18,612 |   |

----

**JUMP'N        JAX, INC.**

|                                      |       | **For                    the Three****Months                      Ended****June                      30,** | ** ** | **For                    the Six****Months                      Ended****June                      30,** | ** ** |
|-------------------------------------------|------------|------------------------------------------------------------------------------------------------------------|------------|----------------------------------------------------------------------------------------------------------|------------|
| ** **                                | ** ** | **2006**                                                                                                   | ** ** | **2005**                                                                                                 | ** ** | **2006** | ** ** | **2005** |   |
|                                      |       |                                                                                                  |       |                                                                                                |       |    |   |    |   |
|                                      |       |                                                                                                  |       |                                                                                                |       |    |   |    |   |
| REVENUES                                  |       | $                                                                                                          | —    |                                                                                                     | $          | — |   | $ | — |   | $ | — |   |
|                                      |       |                                                                                                       |       |                                                                                                     |       |   |   |   |   |   |   |   |   |
| EXPENSES                                  |       |                                                                                                       |       |                                                                                                     |       |  |   |   |   |   |   |  |   |
|                                      |       |                                                                                                       |       |                                                                                                     |       |   |   |   |   |   |   |   |   |
| General                and Administrative |       |                                                                                                       | 9,920      |                                                                                                     |       | 4,618 |   |   | 22,235 |   |   | 11,311 |   |
|                                      |       |                                                                                                       |       |                                                                                                     |       |   |   |   |   |   |   |   |   |
|  Total                Expenses       |       |                                                                                                       | 9,920      |                                                                                                     |       | 4,618 |   |   | 22,235 |   |   | 11,311 |   |
|                                      |       |                                                                                                       |       |                                                                                                     |       |   |   |   |   |   |   |   |   |
| OPERATING                LOSS             |       |                                                                                                       | (9,920     | )                                                                                                        |       | (4,618 | ) |   | (22,235 | ) |   | (11,311 | ) |
|                                      |       |                                                                                                       |       |                                                                                                     |       |   |   |   |   |   |   |   |   |
| OTHER                EXPENSES             |       |                                                                                                       |       |                                                                                                     |       |   |   |   |   |   |   |   |   |
|                                      |       |                                                                                                       |       |                                                                                                     |       |   |   |   |   |   |   |   |   |
| Interest                Expense           |       |                                                                                                       | —    |                                                                                                     |       | — |   |   | — |   |   | — |   |
|                                      |       |                                                                                                       |       |                                                                                                     |       |   |   |   |   |   |   |   |   |
|  Total                Other Expenses |       |                                                                                                       | —    |                                                                                                     |       | — |   |   | — |   |   | — |   |
|                                      |       |                                                                                                       |       |                                                                                                     |       |   |   |   |   |   |   |   |   |
| LOSS                FROM CONTINUING       |       |                                                                                                       |       |                                                                                                     |       |   |   |   |   |   |   |   |   |
| OPERATIONS                                |       |                                                                                                       | (9,920     | )                                                                                                        |       | (4,618 | ) |   | (22,235 | ) |   | (11,311 | ) |
|                                      |       |                                                                                                       |       |                                                                                                     |       |   |   |   |   |   |   |   |   |
| LOSS                FROM DISCONTINUED     |       |                                                                                                       |       |                                                                                                     |       |   |   |   |   |   |   |   |   |
| OPERATIONS                                |       |                                                                                                       | (860       | )                                                                                                        |       | (11,805 | ) |   | (1,713 | ) |   | (16,824 | ) |
|                                      |       |                                                                                                       |       |                                                                                                     |       |   |   |   |   |   |   |   |   |
| NET                LOSS                   |       | $                                                                                                          | (10,780    | )                                                                                                        | $          | (16,423 | ) | $ | (23,948 | ) | $ | (28,135 | ) |
|                                      |       |                                                                                                       |       |                                                                                                     |       |   |   |   |   |   |   |   |   |
| BASIC                LOSS PER SHARE       |       | $                                                                                                          | (0.02      | )                                                                                                        | $          | (0.02 | ) | $ | (0.04 | ) | $ | (0.05 | ) |
|                                      |       |                                                                                                       |       |                                                                                                     |       |   |   |   |   |   |   |   |   |
| WEIGHTED                AVERAGE NUMBER    |       |                                                                                                       |       |                                                                                                     |       |   |   |   |   |   |   |   |   |
| OF                SHARES OUTSTANDING      |       |                                                                                                       | 607,002    |                                                                                                     |       | 235,348 |   |   | 607,002 |   |   | 235,348 |   |

----

**JUMP'N        JAX, INC.**

|                                                                            |       | **For                    the Six****Months                      Ended****June                      30,** | ** **     |
|---------------------------------------------------------------------------------|------------|----------------------------------------------------------------------------------------------------------|----------------|
| ** **                                                                      | ** ** | ** **                                                                                               | **2006 ** | ** ** | ** ** | **2005**  |   |
| CASH                FLOWS FROM OPERATING ACTIVITIES                             |       |                                                                                                     |           |   |   |   |   |
|                                                                            |       |                                                                                                     |           |   |   |   |   |
| Net                loss                                                         |       | $                                                                                                        | (23,948        | ) | $ | (28,135 | ) |
| Adjustments                to reconcile net loss to                             |       |                                                                                                     |           |   |   |   |   |
| net                cash used by operating activities:                           |       |                                                                                                     |           |   |   |   |   |
| Depreciation                                                                    |       |                                                                                                     | 1,713          |   |   | 1,714 |   |
| Common                stock issued for services                                 |       |                                                                                                     | —        |   |   | 4,000 |   |
| Changes                in operating assets and liabilities                      |       |                                                                                                     |           |   |   |   |   |
| Increase                (decrease) in accounts payable                          |       |                                                                                                     | (3,569         | ) |   | (56 | ) |
| Increase                in accrued interest - related                           |       |                                                                                                     | —        |   |   | 2,139 |   |
|                                                                            |       |                                                                                                     |           |   |   |   |   |
| Net                Cash Used by Operating Activities                            |       |                                                                                                     | (25,804        | ) |   | (20,338 | ) |
|                                                                            |       |                                                                                                     |           |   |   |   |   |
| CASH                FLOWS FROM INVESTING ACTIVITIES                             |       |                                                                                                     | —        |   |   | — |   |
|                                                                            |       |                                                                                                     |           |   |   |   |   |
| CASH                FLOWS FROM FINIANCING ACTIVITIES                            |       |                                                                                                     |           |   |   |   |   |
|                                                                            |       |                                                                                                     |           |   |   |   |   |
| Common                stock issued for cash                                     |       |                                                                                                     | 30,000         |   |   | — |   |
|                                                                            |       |                                                                                                     |           |   |   |   |   |
| Net                Cash Provided by Financing Activities                        |       |                                                                                                     | 30,000         |   |   | — |   |
|                                                                            |       |                                                                                                     |           |   |   |   |   |
| NET                DECREASE IN CASH                                             |       |                                                                                                     | 4,196          |   |   | (20,338 | ) |
|                                                                            |       |                                                                                                     |           |   |   |   |   |
| CASH                AT BEGINNING OF PERIOD                                      |       |                                                                                                     | 15,660         |   |   | 27,839 |   |
|                                                                            |       |                                                                                                     |           |   |   |   |   |
| CASH                AT END OF PERIOD                                            |       | $                                                                                                        | 19,856         |   | $ | 7,501 |   |
|                                                                            |       |                                                                                                     |           |   |   |   |   |
| SUPPLIMENTAL                DISCLOSURES OF CASH                FLOW INFORMATION |       |                                                                                                     |           |   |   |   |   |
|                                                                            |       |                                                                                                     |           |   |   |   |   |
| CASH                PAID FOR:                                                   |       |                                                                                                     |           |   |   |   |   |
|                                                                            |       |                                                                                                     |           |   |   |   |   |
| Interest                                                                        |       | $                                                                                                        | —        |   | $ | — |   |
| Income                Taxes                                                     |       | $                                                                                                        | —        |   | $ | — |   |
|                                                                            |       |                                                                                                     |           |   |   |   |   |
| NON-CASH                FININANCING ACTIVITIES                                  |       |                                                                                                     |           |   |   |   |   |
|                                                                            |       |                                                                                                     |           |   |   |   |   |
| Common                stock issued for extinguishment of                        |       |                                                                                                     |           |   |   |   |   |
| related                party debt                                               |       | $                                                                                                        | —        |   | $ | 64,500 |   |
| Common                stock issued for services                                 |       | $                                                                                                        | —        |   | $ | 4,000 |   |

----

**JUMP’N        JAX, INC.**

----

**JUMP’N        JAX, INC.**

----

----

----

|  | · | our                ability to search for and identify an appropriate business opportunity                and                to subsequently merge 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. |
|--|--------|---------------------------------------------|

----

----

| 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 Pursuant              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. |

----

|                            |                                                                  |                                           |
|---------------------------------|-----------------------------------------------------------------------|------------------------------------------------|
|                            | JUMP'N                JAX, INC.                                       |
|                       |                                                             |                                      |
| Date:              May 19, 2006 | By:                                                         | /S/              LANE              S. CLISSOLD |
|                            | Lane                S. Clissold,President                and Director |

|                              |                                                                                                            |                          |
|-----------------------------------|-----------------------------------------------------------------------------------------------------------------|------------------------------------|
| Date:                May 19, 2006 | By:                                                                                                   | /S/              STEVEN D. MOULTON |
|                              | Steven                D. MoultonSecretary                / TreasurerPrincipal                Accounting Officer |

----