================================================================================

                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549


                                  FORM 10-QSB/A

[ X ]    Quarterly Report pursuant to Section 13 or 15(d) of the Securities
         Exchange Act of 1934

         For the period ended February 28, 2007

[    ]   Transition Report pursuant to 13 or 15(d) of the Securities
         Exchange Act of 1934

         For the transition period                    to
                                   ------------------    -----------------------

                  Commission File Number   333-119715
                                           ----------

                              Quorum Ventures, Inc.
               ---------------------------------------------------
        (Exact name of Small Business Issuer as specified in its charter)

             Nevada                                     Pending
--------------------------------            --------------------------------
(State or other jurisdiction of             (IRS Employer Identification No.)
--------------------------------
incorporation or organization)
------------------------------

2640 Tempe Knoll Drive
North Vancouver. B.C., Canada                             V6C 1V5
----------------------------------------    ---------------------------------
(Address of principal executive offices)           (Postal or Zip Code)


Issuer's telephone number, including area code: 604-908-0233
                                                ------------

                                     N/A
 ------------------------------------------------------------------------------
(Former name,former address and former fiscal year,if changed since last report)


Check  whether the issuer (1) filed all reports  required to be filed by Section
13 or 15(d) of the  Securities  Exchange  Act of 1934  during the  preceding  12
months (or for such  shorter  period  that the issuer was  required to file such
reports),  and (2) has been subject to such filing  requirements for the past 90
days Yes [ X ] No [ ]

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

State the number of shares outstanding of each of the issuer's classes of common
stock, as of the latest practicable date:  7,050,000 shares of common stock with
par value of $0.001 per share outstanding as of April 13, 2007.


<page>








                              QUORUM VENTURES, INC.

                         (An Exploration Stage Company)

                          INTERIM FINANCIAL STATEMENTS

                                February 28, 2007

                                   (Unaudited)












BALANCE SHEETS

INTERIM STATEMENTS OF OPERATIONS

INTERIM STATEMENTS OF CASH FLOWS

NOTES TO THE INTERIM FINANCIAL STATEMENTS

<page>

                              QUORUM VENTURES, INC.
                         (An Exploration Stage Company)
                                 BALANCE SHEETS

<table>
<caption>

                                                                             February 28,         May 31,
                                                                                 2007               2006
                                                                                 ----               ----
                                                                             (Unaudited)         (Audited)

                                                                       <c>                <c>
                                                    ASSETS
                                                    ------
Current Assets
   Cash                                                                    $       4,981      $     7,736
   Prepaid expense                                                                   567            1,362
                                                                            ------------       ----------
Total assets                                                               $       5,548      $     9,098
                                                                            ============       ==========

                                     LIABILITIES AND STOCKHOLDERS' DEFICIT
                                     -------------------------------------
Current Liabilities
   Accounts payable and accrued liabilities                                $       7,967      $    11,681
   Due to related party (Note 3)                                                  32,117           19,550
                                                                            ------------       ----------
                                                                                  40,084           31,231
                                                                            ------------       ----------

Commitments and Contingencies (Note1)

Common stock
   75,000,000 shares authorized, $0.001 par value,
   7,050,000 shares issued and outstanding                                         7,050            7,050
   (May 31,  2006 -7,050,000)
Additional paid-in capital                                                        22,950           22,950
Deficit accumulated during the exploration stage                             (    64,536)       (  52,133)
                                                                             -----------        ----------
                                                                             (    34,536)       (  22,133)
                                                                             -----------        ----------
Total liabilities and stockholders' deficit                                $       5,548      $     9,098
                                                                             ===========        ==========
</table>





              The accompanying notes are an integral part of these
                         interim financial statements.

<page>

                              QUORUM VENTURES, INC.
                         (An Exploration Stage Company)
                        INTERIM STATEMENTS OF OPERATIONS
                                   (Unaudited)

<table>
<caption>

                                            Three months     Three months     Nine months      Nine months    February 2, 2004
                                               ended           ended             ended           ended         (Inception) to
                                            February 28,     February 28,     February 28,     February 28,      February 28,
                                               2007             2006              2007            2006               2007
                                               ----             ----              ----            ----               ----

                                        <c>              <c>             <c>              <c>              <c>
Expenses
 Accounting and audit fees                  $     2,200      $     3,088     $    9,814       $    8,685       $      35,351
 Bank charges and interest                           24              159             75            1,337                 432
 Filing fees                                        249              638          1,489            2,175               5,196
 Interest expense                                     -                -              -                -               1,222
 Legal fees                                           -              500              -            1,150               8,650
 Mineral property costs                               -                -              -                -              12,500
 Office and general expenses                          -                -              -              160                 160
 Transfer agent fees                                 25                -          1,025                -               1,025
                                             ----------      -----------      ---------        ---------        ------------
Net loss                                    $    (2,498)     $    (4,385)    $  (12,403)      $  (13,507)      $     (64,536)
                                             ==========      ===========      =========        =========        ============
Net loss per share, basic and diluted       $     (0.00)     $     (0.00)    $    (0.00)      $    (0.00)
                                             ==========      ===========      =========        =========
Weighted average number of shares
outstanding                                   7,050,000        7,050,000      7,050,000        7,050,000
                                             ==========      ===========      =========        =========
</table>



              The accompanying notes are an integral part of these
                          interim financial statements.

<page>
                              QUORUM VENTURES, INC.
                         (An Exploration Stage Company)
                        INTERIM STATEMENTS OF CASH FLOWS
                                   (Unaudited)

<table>
<caption>
                                                                                                           February 2, 2004
                                                                                                            (Inception) to
                                                                    Nine months ended February 28,           February 28,
                                                                       2007                 2006                 2007
                                                                       ----                 ----                 ----

                                                            <c>                  <c>                  <c>
Cash Flows From Operating Activities
   Net loss                                                     $  (       12,403)   $  (       13,507)   $  (       64,536)
   Changes in non cash working capital items
     Prepaid expenses                                                         795               (1,362)                (567)
     Accounts payable and accrued liabilities                      (        3,714)              (8,792)               7,967
                                                                   ---------------      ---------------      ---------------
Net cash used in operations                                        (       15,322)      (       23,661)      (       57,136)
                                                                   ---------------      ---------------      ---------------

Cash Flows From Financing Activities
   Proceeds from sale and issuance of common stock                              -                    -               30,000
   Increase in due to related party                                        12,567               13,550               32,117
                                                                   --------------       --------------       --------------
Net cash provided by financing activities                                  12,567               13,550               62,117
                                                                   --------------       --------------       --------------
Net increase (decrease) in cash                                    (        2,755)      (       10,111)               4,981

Cash, beginning                                                             7,736               15,642                    -
                                                                   --------------       --------------       --------------
Cash, ending                                                    $           4,981    $           5,531    $           4,981
                                                                   ==============       ==============       ==============

Supplemental Cash Flow Information
Cash paid for:
   Interest                                                     $               -    $               -    $               -
                                                                   ==============       ==============       ==============
   Income taxes                                                 $               -    $               -    $               -
                                                                   ==============       ==============       ==============
</table>






              The accompanying notes are an integral part of these
                          interim financial statements.

<page>
                              QUORUM VENTURES, INC.
                         (An Exploration Stage Company)
                    NOTES TO THE INTERIM FINANCIAL STATEMENTS
                                February 28, 2007
                                   (Unaudited)
                                   -----------

Note 1        Nature and Continuance of Operations
              ------------------------------------
              Organization

              The Company was incorporated in the State of Nevada on February 2,
              2004. The Company's fiscal year end is May 31.

              Exploration Stage Activities

              The Company has been in the exploration  stage since its formation
              and has not yet realized any revenues from its planned operations.
              It is primarily  engaged in the  acquisition  and  exploration  of
              mining properties. Upon location of a commercial, minable reserve,
              the  Company  expects  to  actively   prepare  the  site  for  its
              extraction and enter the mine development stage.

              The Company has acquired a mineral  property  located in the North
              West Territories,  Canada and has not yet determined  whether this
              property contains reserves that are economically recoverable.  The
              recoverability of amounts from the property will be dependent upon
              the discovery of economically  recoverable reserves,  confirmation
              of the Company's interest in the underlying property,  the ability
              of the  Company  to obtain  necessary  financing  to  satisfy  the
              expenditure  requirements  under  the  property  agreement  and to
              complete  the   development   of  the  property  and  upon  future
              profitable production or proceeds for the sale thereof.

              Going concern

              These  financial  statements have been prepared on a going concern
              basis which  assumes  that the Company will be able to realize its
              assets and  discharge  its  liabilities  in the  normal  course of
              business.   The  Company  has  incurred   losses  since  inception
              resulting in an accumulated  deficit of $64,536 as of February 28,
              2007 and further losses are  anticipated in the development of its
              business raising  substantial doubt about the Company's ability to
              continue as a going  concern.  These  financial  statements do not
              include any  adjustments  to the amounts  and  classifications  of
              assets and liabilities  that might be necessary should the Company
              be unable to continue  as a going  concern.  Managements  plans to
              fund  operations  over the next twelve  months with  advances from
              related parties.

              Unaudited Interim Financial Statements

              The accompanying  unaudited interim financial statements have been
              prepared  in  accordance   with  generally   accepted   accounting
              principles  for  interim   financial   information  and  with  the
              instructions  to Form  10-QSB  of  Regulation  S-B.  They  may not
              include  all  information  and  footnotes  required  by  generally
              accepted accounting principles for complete financial statements.

<page>

                              QUORUM VENTURES, INC.
                         (An Exploration Stage Company)
                    NOTES TO THE INTERIM FINANCIAL STATEMENTS
                                February 28, 2007
                                   (Unaudited)
                                   -----------

Note 1        Nature and Continuance of Operations - Cont'd
              ---------------------------------------------
              Unaudited Interim Financial Statements - Cont'd

              However,  except as disclosed herein,  there have been no material
              changes in the information disclosed in the notes to the financial
              statements  for the  period  ended May 31,  2006  included  in the
              Company's   10-KSB   filed  with  the   Securities   and  Exchange
              Commission.  The interim unaudited financial  statements should be
              read in conjunction  with those financial  statements  included in
              the Form 10-KSB.  In the opinion of  Management,  all  adjustments
              considered necessary for a fair presentation, consisting solely of
              normal recurring  adjustments,  have been made.  Operating results
              for the nine months ended  February  28, 2007 are not  necessarily
              indicative of the results that may be expected for the year ending
              May 31, 2007.

Note 2        Mineral Property
              ----------------
              By a mineral property purchase agreement dated April 21, 2004, the
              Company acquired a 90% undivided right,  title and interest in and
              to three mineral  claims in  Yellowknife,  Northwest  Territories,
              Canada by the  payment  of  $7,500.  During the year ended May 31,
              2005 the Company incurred mineral exploration  expenses of $5,000.
              During the year ended May 31,  2006 the  Company  did not make the
              annual  payment  on  one  of  the  claims,   as  required  by  the
              territorial government, and consequently the title to the minerals
              claim  lapsed.  The  remaining  claims  are held in trust  for the
              Company by the property  vendor.  The 90% right interest and title
              in and to the claims is  transferable  to the  Company at any time
              upon request and is subject to a 2% net smelter return royalty.

Note 3        Related Party Transactions
              --------------------------
              As at  February  28,  2007,  an amount of $32,117  (May 31,  2006:
              $19,550)  is owing to a  director  of the  Company.  The amount is
              unsecured,  non-interest  bearing  and has no  specified  terms of
              repayment.

<page>

Forward-Looking Statements
--------------------------
This Form 10-QSB includes "forward-looking statements" within the meaning of the
"safe-harbor"  provisions  of the Private  Securities  Litigation  Reform Act of
1995.  Such statements are based on management's  current  expectations  and are
subject to a number of factors and uncertainties that could cause actual results
to differ materially from those described in the forward-looking statements.

All statements  other than  historical  facts  included in this Form,  including
without  limitation,   statements  under  "Plan  of  Operation",  regarding  our
financial  position,  business strategy,  and plans and objectives of management
for the future operations, are forward-looking statements.

Although we believe  that the  expectations  reflected  in such  forward-looking
statements are reasonable,  it can give no assurance that such expectations will
prove to have been correct. Important factors that could cause actual results to
differ materially from our expectations  include, but are not limited to, market
conditions, competition and the ability to successfully complete financing.

Item 2. Plan of Operation
-------------------------
Our plan of operation  for the twelve  months  following the date of this annual
report is to complete the recommended phase one and two exploration  programs on
the Upper Ross Lake property consisting of re-sampling of old workings, geologic
mapping,  analytical and test surveys.  We anticipate that the phase one program
will  cost  approximately   $5,000,  while  the  phase  two  program  will  cost
approximately  $10,000. To date, we have not commenced  exploration on the Upper
Ross Lake property, although we have funded the phase one exploration program.

Phase  one will  consist  of a  consulting  geologist  reviewing  and  compiling
information  regarding previous  exploration on the property and the re-sampling
of property that are known to contain gold. The re-sampling will be conducted by
a geologist and his helper.  They will gather rock and soil samples from various
property locations and then ship them to a laboratory that will analyze them for
mineral content. The geologist will then analyze the laboratory results in order
to  determine  which  directions,  if any,  that  mineralization  trends  on the
property  and to choose  property  areas upon which  future  exploration  should
focus. Our directors,  Steven Bolton and Bryan Markert,  will not be involved in
exploration work on the property.

The  objective  of the phase one  exploration  program  will be to  confirm  the
presence of gold in  previously  sampled areas and to gain an  understanding  of
where additional  mineralization may be discovered on the property.  We will use
these  results in order to attempt to raise  additional  financing for our phase
two exploration program.

We will then  undertake the phase two work program.  This program will also take
approximately  one month to complete.  It will consist of mapping and  reviewing
the results of the phase one exploration program and performing geophysical test
surveys on the claims.

Mapping involves plotting previous  exploration data relating to a property on a
map in order to determine  the best  property  locations  to conduct  subsequent
exploration work.

Geophysical  surveying  is the search for  mineral  deposits  by  measuring  the
physical  property of  near-surface  rocks,  and  looking for unusual  responses

<page>

caused by the presence of mineralization.  Electrical, magnetic,  gravitational,
seismic and  radioactive  properties  are the ones most commonly  measured.  The
geologist   overseeing  the  phase  two  exploration  program  will  choose  the
appropriate  geophysical survey or surveys based on the results of the phase one
program.  Our  objective of the phase two program  will be to determine  whether
mineralization discovered on the claims surface may occur beneath the ground. We
will look for high  geophysical  survey  readings  in areas of the claims  where
surface mineralization exists.

The budget for the phase two program is as follows:

Mapping:                                $  2,000.00
Analytical:                             $  2,000.00
Geophysical test surveys:               $  6,000.00
                                        -----------

Total Phase II Costs:                    $10,000.00

We intend to retain Mr. William Timmins, a geological engineer, to undertake the
proposed  exploration on the Upper Ross Lake property given his familiarity with
the property area. Mr. Timmins has worked on other mineral exploration  projects
in the region of the Upper Ross Lake  claims and  visited  the  property  during
April  2004.  Mr.  Timmins has never had and does not have any  relationship  or
affiliation with us or our management.

We do not have any verbal or written  agreement  regarding  the retention of Mr.
Timmins for this  exploration  program,  though he has indicated that he will be
available to provide his services.  We have not executed a formal agreement with
Mr. Timmins because that is not the typical practice in the mineral  exploration
sector.  The costs of Mr.  Timmins's  services are included in his phase one and
phase two budgets.

Following receipt of the phase two exploration  results, we will ask Mr. Timmins
to prepare a recommendation for further  exploration work on the Upper Ross Lake
claims and to provide us with a proposed budget for such work.

We do not expect to earn any revenues  from the Upper Ross Lake claim unless and
until we identify economic  mineralization.  This will likely not occur until we
complete  the  phase  one  and two  exploration  programs,  as  well as  several
successive drill programs.  Drill programs involve extracting a long cylinder of
rock from the ground to determine amounts of metals at different depths.  Pieces
of the rock  obtained,  known as drill core,  are analysed for mineral  content.
This allows us to determine  the extent of  mineralization  below the surface of
the  claims.  Our  objective  is  to  discover  sub-surface   mineralization  in
sufficient  quantities  to  justify  operating  the  claims  as a mine.  This is
determined by the amount, grade and depth of mineralization discovered, if any.

As well, we  anticipate  spending an additional  $15,000 on  professional  fees,
including  fees payable in connection  with the filing of this annual report and
complying with reporting obligations, and general administrative costs.

Total expenditures over the next 12 months are therefore expected to be $30,000.
We will not realize any revenue from our operations in the next 12 months.

Our  cash  reserves  are not  sufficient  to meet our  obligations  for the next
twelve-month period. As a result, we will need to seek additional funding in the
near future. We currently do not have a specific plan of how we will obtain such
funding;  however,  we anticipate that additional funding will be in the form of
equity  financing from the sale of our common stock.  We may also seek to obtain
short-term loans from our directors, although no such arrangement has been made.


<page>


At this time, we cannot  provide  investors  with any assurance  that we will be
able to raise sufficient  funding from the sale of our common stock or through a
loan from our directors to meet our obligations over the next twelve months.  We
do not have any  arrangements  in place for any  future  equity  financing.  Our
directors  have  indicated  that they are  prepared to loan us up to $50,000 for
operations,  though they have no obligations in this regard. Such loans would be
unsecured, non-interest bearing loans with no fixed terms of repayment.

If we are unable to raise  sufficient  capital,  we may also consider  selling a
portion of the Upper Ross Lake  property to a third  party in exchange  for that
party  paying  us cash  and/or  committing  to  complete  a  certain  amount  of
exploration on the property.  We have not contacted any third parties  regarding
such an arrangement.

Results of Operations For Period Ending February 28, 2007

We did not earn any revenues in the  nine-month  period ended February 28, 2007.
We do not anticipate earning revenues unless we enter into commercial production
on the Upper Ross Lake mineral property, which is doubtful.

We  incurred  operating  expenses  in the amount of $12,403  for the  nine-month
period  ended  February  28, 2007  consisting  of  accounting  and audit fees of
$9,814,  filing fees of $1,489,  transfer  agent fees of $1,025 and bank charges
and interest of $75.

Our net loss  for the  nine-month  period  ended  February  28,  2007  decreased
slightly  from the  comparative  period in fiscal  2006  (2007:  $12,403;  2006:
$13,507) primarily due to decreases bank charges and interest, as well as filing
fees and legal fees incurred in connection  with the filing of our  registration
statement on Form SB-2.

At February 28, 2007,  we had total  assets of $5,548,  consisting  of $4,981 in
cash and $567 in prepaid expense. At the same date, our liabilities consisted of
accounts  payable and accrued  liabilities of $7,967 and a loan payable from one
of our directors for $32,117.

We have not attained  profitable  operations  and are dependent  upon  obtaining
financing  to pursue  exploration  activities.  For these  reasons our  auditors
believe  that there is  substantial  doubt that we will be able to continue as a
going concern.

Item 3 Controls and Procedures
------------------------------

Evaluation of Disclosure Controls

We evaluated the  effectiveness of our disclosure  controls and procedures as of
February 28, 2007.  This  evaluation was conducted by Steven  Bolton,  our chief
executive officer and Bryan Markert, our principal accounting officer.

Disclosure  controls  are  controls  and other  procedures  that are designed to
ensure that  information that we are required to disclose in the reports we file
pursuant  to  the  Securities  Exchange  Act of  1934  is  recorded,  processed,
summarized and reported.

<page>

Limitations on the Effective of Controls

Our  management  does not expect that our  disclosure  controls or our  internal
controls over  financial  reporting  will prevent all error and fraud. A control
system, no matter how well conceived and operated,  can provide only reasonable,
but no absolute,  assurance  that the  objectives  of a control  system are met.
Further, any control system reflects limitations on resources,  and the benefits
of a control system must be considered  relative to its costs. These limitations
also include the realities that judgments in  decision-making  can be faulty and
that  breakdowns  can occur  because of simple  error or mistake.  Additionally,
controls  can be  circumvented  by the  individual  acts  of  some  persons,  by
collusion of two or more people or by management override of a control. A design
of a control  system is also  based upon  certain  assumptions  about  potential
future conditions;  over time, controls may become inadequate because of changes
in conditions,  or the degree of compliance  with the policies or procedures may
deteriorate.  Because of the inherent  limitations in a  cost-effective  control
system, misstatements due to error or fraud may occur and may not be detected.

Conclusions

Based upon their evaluation of our controls,  Steven Bolton, our chief executive
officer and Bryan  Markert,  our principal  accounting  officer,  have concluded
that,  subject to the  limitations  noted  above,  the  disclosure  controls are
effective providing  reasonable  assurance that material information relating to
us is made known to  management  on a timely  basis  during the period  when our
reports are being prepared.  There were no changes in our internal controls that
occurred  during  the  quarter  covered  by this  report  that  have  materially
affected, or are reasonably likely to materially affect our internal controls.

PART II- OTHER INFORMATION
--------------------------

Item 1. Legal Proceedings

The Company is not a party to any pending  legal  proceeding.  Management is not
aware of any threatened litigation, claims or assessments.


Item 2. Changes in Securities

None.


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 and Report on Form 8-K

 31.1     Certification pursuant to 18 U.S.C. Section 1350, as adopted
          pursuant to Section 302 of the Sarbanes-Oxley Act of 2002

<page>

 31.2     Certification pursuant to 18 U.S.C. Section 1350, as adopted
          pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
 32.1     Certification pursuant to 18 U.S.C. Section 1350, as adopted
          pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
 32.2     Certification pursuant to 18 U.S.C. Section 1350, as adopted
          pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

We did not file any current reports on Form 8-K during the period.


SIGNATURES
----------
In accordance with the  requirements of the Exchange Act, the registrant  caused
this  report to be  signed on its  behalf  by the  undersigned,  thereunto  duly
authorized.

April 13, 2007


Quorum Ventures, Inc.


/s/ Steven Bolton
------------------------
Steven Bolton, President