UNITED
STATES


SECURITIES
AND EXCHANGE COMMISSION


Washington,
D.C. 20549





FORM
10-Q





x QUARTERLY REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE


SECURITIES
EXCHANGE ACT OF 1934





For
the quarterly period ended December 31, 2008





OR





 ̈ TRANSITION REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE


SECURITIES
EXCHANGE ACT OF 1934





For The
Transition Period From ______________ To ______________




MICRO
MAMMOTH SOLUTIONS, INC.


(Name
of small business issuer in its charter)




Nevada
            333-144645
            20-5549779(State
      or Jurisdiction of
            Commission
      File Number
            (I.R.S.
      EmployerIncorporation
      or organization
            
            Identification
      No.)




1511
Dodd Road


Winter
Park, Florida 32792


407-529-7144





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





Indicate
by check mark whether the Registrant is a large accelerated filer, an
accelerated filer, a non-accelerated filer, or a smaller reporting company. See
definition of “large accelerated filer,” “accelerated filer” and “smaller
reporting company” in Rule 12b-2 of the Exchange Act.


Large
      accelerated filer  ̈
            Accelerated
      filer  ̈Non-accelerated
      filer  ̈ (Do
      not check if a smaller reporting company)
            Smaller
      reporting company x





Indicate
by check mark whether the Registrant is a shell company (as defined in Rule
12b-2 of the Exchange Act).


Yes
x  No
 ̈





The
aggregate market value of the voting and non-voting common equity held by
non-affiliates computed by reference
to the price ($0.05) at which the common equity was last sold, as of December
31, 2008 was $176,700.00





10,034,000
shares of common stock were outstanding as of December 31, 2008.










MICRO
MAMMOTH SOLUTIONS, INC.


TABLE
OF CONTENTS





INDEX





Page NumberPART 1:
                    
                    FINANCIAL
      INFORMATION
                    3Item 1
                    Financial
      Statements
                    3Balance
      Sheets as of December 31, 2008 (unaudited) and as of June 30,
      2008
                    3Statements
      of Operations for the three and six months ended December 31, 2008
                      and
      2007 and from September 13, 2006 (Inception) to December 31, 2008
      (unaudited)
                    4Statement
      of Cash Flows for the six months ended December 31, 2008 and 2007
                      and
      September 13, 2006 (Inception) to December 31, 2007
      (unaudited)
                    5Notes
      to the Financial Statements
                    6Item2
                    Management’s
      Discussion and Analysis of Financial Condition and Result of
      Operations
                    13Item 3
                    Quantitative
      and Qualitative Disclosures About Market Risk
                    17Item 4
                    Controls
      and Procedures
                    17Part II
                    
                    OTHER
      INFORMATION
                    18Item 1
                    Legal
      Proceedings
                    18Item 2
                    Unregistered
      Sales of Equity Securities and Use of Proceeds
                    18Item 3
                    Defaults
      Upon Senior Securities
                    18Item 4
                    Submission
      of Matters to a Vote of Security Holders
                    18Item 5
                    Other
      Information
                    18Item 6
                    Exhibits
      and Reports on Form 8-K
                    18SIGNATURES
                    19


2




PART
I - FINANCIAL INFORMATION
 
 ITEM
1.  FINANCIAL STATEMENTS
 
 MICRO
MAMMOTH SOLUTIONS, INC.
 (A
Development Stage Company)
 
 BALANCE
SHEETS
 
 December 31,
                            
                            
                            June 30,2008
                            
                            
                            2008(Unaudited)ASSETSCurrent
      assets:Cash
                            
                            $
                            1,622
                            
                            
                            $
                            3,398Total
      current assets
                            
                            
                            1,622
                            
                            
                            
                            3,398Total
      Assets
                            
                            $
                            1,622
                            
                            
                            $
                            3,398LIABILITIES
      AND STOCKHOLDERS' EQUITYCurrent
      liabilities:Accrued
      liabilities
                            
                            $
                            1,550
                            
                            
                            $
                            2,250Customer
      deposits
                            
                            
                            2,000
                            
                            
                            
                            -Loan
      from shareholder
                            
                            
                            2,314
                            
                            
                            
                            2,314Total
      current liabilities
                            
                            
                            5,864
                            
                            
                            
                            4,564Stockholders'
      equity:Common
      stock, $.0001 par value, authorized 100,000,000shares;  10,034,000
      issued and outstanding as ofDecember
      31, 2008 and June 30, 2008
                            
                            
                            1,003
                            
                            
                            
                            1,003Additional
      paid-in capital
                            
                            
                            176,347
                            
                            
                            
                            176,347Accumulated
      deficit during development stage
                            
                            
                            (181,592
                            )
                            
                            
                            (178,516
                            )Total
      stockholders' equity
                            
                            
                            (4,242
                            )
                            
                            
                            (1,166
                            )Total
      liabilities and stockholders' equity
                            
                            $
                            1,622
                            
                            
                            $
                            3,398
 
 The
accompanying notes are an integral part of the financial
statements.
  3
 
 MICRO MAMMOTH SOLUTIONS, INC.
 (A
Development Stage Company)
 
 STATEMENTS
OF OPERATIONS
 (Unaudited)
 
 For the PeriodThree Months Ended
                                
                                
                                Six Months Ended
                                
                                
                                September 13, 2006December31,
                                
                                
                                December31,
                                
                                
                                (Inception) to2008
                                
                                
                                2007
                                
                                
                                2008
                                
                                
                                2007
                                
                                
                                December31,2008Revenue
                                
                                $
                                3,000
                                
                                
                                $
                                3,000
                                
                                
                                $
                                6,000
                                
                                
                                $
                                6,000
                                
                                
                                $
                                26,000Expenses:General
      and administrative
                                
                                
                                2,678
                                
                                
                                
                                170,000
                                
                                
                                
                                9,076
                                
                                
                                
                                9,319
                                
                                
                                
                                207,592Total
      expenses
                                
                                
                                2,678
                                
                                
                                
                                170,000
                                
                                
                                
                                9,076
                                
                                
                                
                                9,319
                                
                                
                                
                                207,592Net
      income (loss)
                                
                                $
                                322
                                
                                
                                $
                                (167,000
                                )
                                
                                $
                                (3,076
                                )
                                
                                $
                                (3,319
                                )
                                
                                $
                                (181,592
                                )Weighted
      average number of commonshares
      outstanding, basic and fully diluted
                                
                                
                                10,034,000
                                
                                
                                
                                10,034,000
                                
                                
                                
                                10,034,000
                                
                                
                                
                                10,034,000
                                
                                
                                
                                9,421,521Net
      loss per weighted sharebasic
      and fully diluted
                                
                                
                                0.00
                                
                                
                                
                                (0.02
                                )
                                
                                
                                (0.00
                                )
                                
                                
                                (0.00
                                )
                                
                                
                                (0.02
                                )
 
 The
accompanying notes are an integral part of the financial
statements.
  4
  MICRO MAMMOTH SOLUTIONS, INC.
 (A
Development Stage Company)
 STATEMENTS
OF CASH FLOWS
 (Unaudited)
 
 For the PeriodSix Months
                                          
                                          
                                          Six Months
                                          
                                          
                                          September 30, 2006Ended
                                          
                                          
                                          Ended
                                          
                                          
                                          (Inception) toDecember 31,
                                          
                                          
                                          December 31,
                                          
                                          
                                          December 31,2008
                                          
                                          
                                          2007
                                          
                                          
                                          2008Cash
      flows from operating activities:Net
      loss
                                          
                                          $
                                          (3,076
                                          )
                                          
                                          $
                                          (3,319
                                          )
                                          
                                          $
                                          (181,592
                                          )Adjustments
      to reconcile net loss to net cashused
      for operating activities:Stock
      based compensation
                                          
                                          
                                          -
                                          
                                          
                                          
                                          -
                                          
                                          
                                          
                                          170,650Increase
      in customer deposits
                                          
                                          
                                          2,000
                                          
                                          
                                          
                                          -
                                          
                                          
                                          
                                          2,000Increase
      (decrease) in accrued liabilities
                                          
                                          
                                          (700
                                          )
                                          
                                          
                                          (3,043
                                          )
                                          
                                          
                                          1,550-Net
      cash used in operating activities
                                          
                                          
                                          (1,776
                                          )
                                          
                                          
                                          (6,362
                                          )
                                          
                                          
                                          (7,392
                                          )Cash
      flows from investing activities:Net
      cash used in investing activities
                                          
                                          
                                          -
                                          
                                          
                                          
                                          -
                                          
                                          
                                          
                                          -Cash
      flows from financing activities:Issuance
      of common stock
                                          
                                          
                                          -
                                          
                                          
                                          
                                          -
                                          
                                          
                                          
                                          6,700Proceeds
      from shareholder loan
                                          
                                          
                                          -
                                          
                                          
                                          
                                          -
                                          
                                          
                                          
                                          2,314Net
      cash provided by financing activities
                                          
                                          
                                          -
                                          
                                          
                                          
                                          -
                                          
                                          
                                          
                                          9,014Net
      increase in cash
                                          
                                          
                                          (1,776
                                          )
                                          
                                          
                                          (6,362
                                          )
                                          
                                          
                                          1,622Cash,
      beginning of period
                                          
                                          
                                          3,398
                                          
                                          
                                          
                                          10,190
                                          
                                          
                                          
                                          -Cash,
      end of period
                                          
                                          $
                                          1,622
                                          
                                          
                                          $
                                          3,828
                                          
                                          
                                          $
                                          1,622Supplemental
      disclosures of non-cash investingand
      financing activities:Issuance
      of 3,400,000 shares of common stock forconsulting
      services
                                          
                                          $
                                          -
                                          
                                          
                                          $
                                          -
                                          
                                          
                                          $
                                          170,000Issuance
      of 6,500,000 shares of common stock forcompensation
      to founding shareholder
                                          
                                          $
                                          -
                                          
                                          
                                          $
                                          -
                                          
                                          
                                          $
                                          650
 
 The
accompanying notes are an integral part of the financial
statements.
  5


MICRO
MAMMOTH SOLUTIONS, INC
 (A
DEVELOPMENTAL STAGE COMPANY)
 NOTES
TO THE FINANCIAL STATEMENTS
 (Unaudited)


Note
1 – Organization and summary of significant accounting principles
  Organization
  Micro
Mammoth Solutions, Inc. was organized September 13, 2006 (Date of Inception)
under the laws of the State of Florida. The Company has not commenced
significant operations and, in accordance with Statement of Financial Accounting
Standards No. 7 “Accounting and Reporting by Development Stage Enterprises”(“SFAS No. 7”), the
Company is considered a development stage company.
  Micro
Mammoth Solutions, Inc. will provide consulting services to mortgage companies.The Company currently
focuses on three stages of consulting with client businesses: billing, customer
service and scripting.
  Accounting
period
  The
Company has adopted an annual accounting period of July through
June.
  Use of
estimates
  The
preparation of financial statements in conformity with generally accepted
accounting principles requires management to make estimates and assumptions that
affect the reported amounts of assets and liabilities and disclosure of
contingent assets and liabilities at the date of the financial statements and
the reported amounts of revenue and expenses during the reporting
period.  Actual results could differ significantly from those
estimates.
  Cash and cash
equivalents
  For the
purpose of the statements of cash flows, all highly liquid investments with a
maturity of three months or less are considered to be cash
equivalents.
  Revenue
recognition
  Revenue
is recognized on an accrual basis after services have been performed under
contract terms, the service price to the client is fixed or determinable, and
collectability is reasonably assured.
  Furniture and
equipment
  Furniture
and equipment are stated at cost less accumulated depreciation.  It is
the policy of the Company to capitalize items greater than or equal to $1,000.
Depreciation is computed using the straight-line method over the expected useful
lives of the assets.  Upon retirement or other disposition of
depreciable assets, the cost and related accumulated depreciation are eliminated
from the accounts, and any gain or loss on disposal is credited to or charged
against income.
  6
 MICRO
MAMMOTH SOLUTIONS, INC
 (A
DEVELOPMENTAL STAGE COMPANY)
 NOTES
TO THE FINANCIAL STATEMENTS
 (Unaudited)
 Fair value of financial
instruments
  Fair
value estimates discussed herein are based upon certain market assumptions and
pertinent information available to management as of December 31, 2008. The
respective carrying value of certain on-balance-sheet financial instruments
approximated their fair values. These financial instruments include cash,
accounts payable and notes payable. Fair values were assumed to approximate
carrying values for cash and payables because they are short term in nature and
their carrying amounts approximate fair values or they are payable on
demand.
  Earnings per
share
  The
Company has adopted Statement of Financial Accounting Standards No. 128.
“Earnings Per Share” ("SFAS No. 128").  Basic earnings per common
share ("EPS") calculations are determined by dividing net income by the weighted
average number of shares of common stock outstanding during the
year.  Diluted earning per common share calculations are determined by
dividing net income by the weighted average number of common shares and dilutive
common share equivalents outstanding.  During periods when common
stock equivalents, if any, are anti- dilutive they are not considered in the
computation.
  Income
taxes
  The
Company has adopted Statement of Financial Accounting Standard No. 109,
“Accounting for Income Taxes” ("SFAS No. 109") for recording the provision for
income taxes. Deferred tax assets and liabilities are computed based upon the
difference between the financial statement and income tax basis of assets and
liabilities using the enacted marginal tax rate applicable when the related
asset or liability is expected to be realized or settled.  Deferred
income tax expenses or benefits are based on the changes in the asset or
liability each period.  If available evidence suggests that it is more
likely than not that some portion or all of the deferred tax assets will not be
realized, a valuation allowance is required to reduce the deferred tax assets to
the amount that is more likely than not to be realized.  Future
changes in such valuation allowance are included in the provision for deferred
income taxes in the period of change.
  The
provision for income taxes differs from the amount computed by applying the
statutory federal income tax rate to income before provision for income taxes
because of differences in amounts deductible for tax
purposes.  Deferred income taxes may arise from temporary differences
resulting from income and expense items reported for financial accounting and
tax purposes in different periods.  Deferred taxes are classified as
current or non-current, depending on the classification of assets and
liabilities to which they relate.  Deferred taxes arising from
temporary differences that are not related to an asset or liability are
classified as current or non-current depending on the periods in which the
temporary differences are expected to reverse.
 7
 MICRO
MAMMOTH SOLUTIONS, INC
 (A
DEVELOPMENTAL STAGE COMPANY)
 NOTES
TO THE FINANCIAL STATEMENTS
 (Unaudited)
 Recent
pronouncements
  In April 2008, the FASBissuedFSP 142-3, "Determination of the Useful
Life ofIntangible Assets." This FSP amends the
factors that should be considered indeveloping renewal or extension
assumptions used to determine the useful life ofa recognized intangible asset under FASB
Statement No. 142, "Goodwill and OtherIntangible Assets." The intent of this
FSP is to improve the consistency betweenthe useful life of a recognized
intangible asset under Statement 142 and theperiod of expected cash flows used to
measure the fair value of the asset underFASB Statement No. 141 (Revised 2007),
"Business Combinations," and other U.S.generally accepted accounting principles
(GAAP). This FSP is effective forfinancial statements issued for fiscal
years beginning after December 15, 2008,and interim periods within those fiscal
years. Early adoption is prohibited. TheCompany does not expect the adoption of
FAS 142-3 to have a material effect onits results of operations and financial
condition.
 
 In May 2008, the FASBissuedFSP No. APB 14-1 "Accounting for
Convertible DebtInstruments That May BeSettled in Cash
upon Conversion (Including Partial CashSettlement)" (FSP APB 14-1).FSP APB 14-1 requires the issuer of
certainconvertible debt instruments that may be
settled in cash (or other assets) onconversion to separately account for the
liability (debt) and equity (conversionoption) components of the instrument in
a manner that reflects the issuer'snon-convertible debt borrowing rate. FSP
APB 14-1 is effective for fiscal yearsbeginning after December 15, 2008 on a
retroactive basis. The Company does notexpect the adoption of FSP APB 14-1 to
have a material effect on its results ofoperations and financial
condition.
 
 In May 2008,
the FASB issued SFAS No. 162, “The Hierarchy of Generally
Accepted Accounting Principles.” The new standard is intended to improve financial reporting
by identifying a consistent framework, or hierarchy, for
selecting accounting principles to be used in
preparing  financial statements  that
are presented in conformity with U.S. generally
accepted accounting principles for nongovernmental entities.
SFAS No. 162 is effective 60 days following the SEC's approval of the
Public Company Accounting Oversight Board Auditing amendments to AU Section 411,
“The Meaning of Present Fairly in Conformity with Generally Accepted
Accounting Principles.” We re evaluating the impact of adoption of SFAS No.
162 and we do not currently expect adoption to have a material impact on
our results of operations, cash flows or financial
position.
  In February 2008, the FASB issued Staff
Position (FSP) FAS 157-2, Effective Dateof FASB Statement No. 157, which defers
the implementation for the non-recurringfinancial  assets and
liabilities from fiscal years beginning after November 15,2007 to fiscal
years  beginning  after November 15, 2008. The provisions of
SFASNo. 157 will be applied
prospectively.  The statement provisions effective as ofDecember 29, 2007, do not have a
material effect on the Company's financialposition and results of
operations.  Management does not believe that theremaining  provisions  will
have a material  effect on
the  Company's  financialposition  and results
of  operations  when they
become  effective  on January 1,2009. The adoption of FSP
FAS 157-2 is not expected to have a material impact.
  In
September 2006, the United States Securities and Exchange Commission (“SEC”),
adopted SAB No. 108, “Considering the Effects of Prior Year Misstatements when
Quantifying Misstatements in Current Year Financial Statements.” This SAB
provides guidance on the consideration of the effects to prior year
misstatements in quantifying current year misstatements for the purpose of a
materiality assessment. SAB 108 establishes an approach that requires
quantification of financial statement errors based on the effects of each of the
Company’s balance sheet and statement of operations financial statements and the
related financial statement disclosures. The SAB permits existing public
companies to record the cumulative effect of initially applying this approach in
the first year ending after November 15, 2006 by recording the necessary
correcting adjustments to the carrying values of
 8
 MICRO
MAMMOTH SOLUTIONS, INC
 (A
DEVELOPMENTAL STAGE COMPANY)
 NOTES
TO THE FINANCIAL STATEMENTS
 (Unaudited)
 Recent pronouncements
(continued)
  assets
and liabilities as of the beginning of that year with the offsetting adjustment
recorded to the opening balance of retained earnings. Additionally, the use of
the cumulative effect transition method requires detailed disclosure of the
nature and amount of each individual error being corrected through the
cumulative adjustment and how and when it arose. The Company is currently
evaluating the impact, if any, that SAB 108 may have on the Company’s results of
operations or financial position.
  In July
2006, the FASB issued FASB Interpretation No. 48, “Accounting for Uncertainty in
Income Taxes-an interpretation of FASB Statement No. 109.” This Interpretation
prescribes a recognition threshold and measurement attribute for the financial
statement recognition and measurement of a tax position taken or expected to be
taken in a tax return. Interpretation No. 48 also provides guidance on
derecognition, classification, interest and penalties,accounting
in interim periods, disclosure, and transition. Interpretation No. 48 is
effective for fiscal years beginning after December 15, 2006 and the Company is
currently evaluating the impact, if any, that FASB Interpretation No. 48 may
have on it’s results of operations or financial position.
  In
February 2007, the FASB issued SFAS No. 159, “The Fair Value Option for
Financial Assets and Financial Liabilities” (“SFAS 159”).  SFAS 159
provides companies with an option to report selected financial assets and
liabilities at fair value.  The objective of SFAS 159 is to reduce
both complexity in accounting for financial instruments and the volatility in
earnings caused by measuring related assets and liabilities
differently.  Generally accepted accounting principles have required
different measurement attributes for different assets and liabilities that can
create artificial volatility in earnings.  The FASB has indicated it
believes that SFAS 159 helps to mitigate this type of accounting-induced
volatility by enabling companies to report related assets and liabilities at
fair value, which would likely reduce the need for companies to comply with
detailed rules for hedge accounting.  SFAS 159 also establishes
presentation and disclosure requirements designed to facilitate comparisons
between companies that choose different measurement attributes for similar types
of assets and liabilities.  SFAS 159 does not eliminate disclosure
requirements included in other accounting standards, including requirements for
disclosures about fair value measurements included in SFAS 157 and SFAS No. 107,
“Disclosures about Fair Value of Financial Instruments.”  SFAS 159 is
effective for the Company as of the beginning of fiscal year
2008.  The adoption of this pronouncement is not expected to have an
impact on the Company’s financial position, results of operations or cash
flows.
  In
December 2007, the FASB issued SFAS no. 160, “Noncontrolling Interest in
Consolidated Financial Statements,” and amendment of ARB 51, which changes the
accounting and reporting for minority interest.  Minority interest
will be recharacterized as noncontrolling interest and will be reported as
component of equity separate from the parent’s equity, and purchases or sales of
equity interests that do not result in change in control will be accounted for
as equity transactions.  In addition, net income attributable to the
noncontrolling interest will be included in consolidated net income on the date
of the income statement and, upon a loss of control, the interest sold, as well
as any interest retained, will be recorded at fair value with any gain or loss
recognized in earnings.  SFAS No.160 is effective for the Company
beginning July 1, 2009 and will apply prospectively, except for the presentation
and disclosure requirements, which will apply retrospectively.  The
Company is not part of a consolidating group and currently is not affected by
this pronouncement.
 
 In March
2008, the FASB issued SFAS No. 161, “Disclosure about Derivative Instruments and
Hedging Activities,” an amendment of FASB Statement No. 133.  SFAS No.
161 requires additional disclosures related to the use of derivative
instruments, the accounting for derivatives and the financial statement impact
of derivatives.
 9
 MICRO
MAMMOTH SOLUTIONS, INC
 (A
DEVELOPMENTAL STAGE COMPANY)
 NOTES
TO THE FINANCIAL STATEMENTS
 (Unaudited)
 Recent pronouncements
(continued)
  SFAS No.
161 is effective for fiscal years beginning after November 15,
2008.  The adoption of SFAS No. 161 will not impact the Company’s
financial statements.
  In May
2008, the FASB issued FSP Accounting Principles Board (“APB”) 14-1 “Accounting
for Convertible Debt Instruments That May be Settled in Cash upon Conversion
(Including Partial Cash Settlement)” (“FSP APB 14-1”).  FSP APB 14-1
requires the issuer of certain convertible debt instruments that may be settled
in cash (or other assets) on conversion to separately account for the liability
(debt) and equity (conversion option) components of the instrument in a manner
that reflects the issuer’s non-convertible debt borrowing rate.  FSP
APB 14-1 is effective for fiscal years beginning after December 15, 2008 on a
retroactive basis.  As we do not have convertible debt at this time,
we currently believe the adoption of FSP APB 14-1 will have no effect on our
results of operations and financial condition.
  Note
2 – Going concern
  The
accompanying financial statements have been prepared assuming that the Company
will continue as a going concern, which contemplates the recoverability of
assets and the satisfaction of liabilities in the normal course of
business.  As noted above, the Company is in the development stage
and, accordingly, has not yet generated significant revenues from
operations.  As a development stage Company, it has generated revenues
totaling $29,000 and incurred accumulated net losses of approximately $181,000
from September 13, 2006 (inception) through the period ended December 31,
2008.
  The
ability of the Company to continue as a going concern is dependent upon its
ability to raise additional capital from the sale of common stock and,
ultimately, the achievement of significant operating revenues.  The
accompanying financial statements do not include any adjustments that might be
required should the Company be unable to recover the value of its assets or
satisfy its liabilities.
  Note
3 –Income taxes
  Deferred
income taxes may arise from temporary differences resulting from income and
expense items reported for financial accounting and tax purposes in different
periods. Deferred taxes are classified as current or non-current, depending on
the classification of assets and liabilities to which they
relate.  Deferred taxes arising from temporary differences that are
not related to an asset or liability are classified as current or non-current
depending on the periods in which the temporary differences are expected to
reverse.
  The
provision for income taxes differs from the amount computed by applying the
statutory federal income tax rate to income before provision for income taxes.
The sources and tax effects of the differences for the periods presented are as
follows:
  Income tax provision at the
      federal statutory rate
                                    
                                    
                                    34
                                    %Effect of operating
      losses
                                    
                                    
                                    -34
                                    %0
                                    %
 10
 MICRO
MAMMOTH SOLUTIONS, INC
 (A
DEVELOPMENTAL STAGE COMPANY)
 NOTES
TO THE FINANCIAL STATEMENTS
 (Unaudited)
 Note
3 –Income taxes (continued)
  Net
deferred tax assets consist of the following:
  For the six
      monthsended December
      31,2008Gross deferred tax
      asset
                            
                            $
                            62,000Gross deferred tax
      liability
                            
                            
                            -Valuation
      allowance
                            
                            
                            (62,000
                            )Net deferred tax
      asset
                            
                            $
                            -
  The
Company did not pay any income taxes during the six months ended December 31,
2008.
  Note
4 – Stockholders’ equity
  In
September 2006, the Company issued 6,500,000 shares of its $0.001 par value
common stock as founder's shares.  In connection with the issuance of
these 6,500,000 shares, the Company recorded compensation expense in the amount
of $650. The shares were deemed to have been issued pursuant to an exemption
provided by Section 4(2) of the Act, which exempts from registration
"transactions by an issuer not involving any public offering."
  In
January 2007, the Company issued 3,400,000 shares of its $0.001 par value common
stock for consulting services.  In connection with the issuance of
these 3,400,000 shares, the Company recorded compensation expense in the amount
of $170,000. The shares were deemed to have been issued pursuant to an exemption
provided by Section 4(2) of the Act, which exempts from registration
"transactions by an issuer not involving any public offering."
  In June
2007, the Company issued 134,000 shares of its $0.001 par value common stock for
$6,700 cash. The shares were deemed to have been issued pursuant to an exemption
provided by Section 4(2) of the Act, which exempts from registration
"transactions by an issuer not involving any public offering."
  There
have been no other issuances of common stock.
  Note 5 – Warrants and
options
  There are
no warrants or options outstanding to acquire any additional shares of common
stock.
  Note
6 – Related party transactions
  Amounts
due to the Company’s chief executive officer totaled $2,314 at December 31,
2008.  These amounts primarily represent loans to pay Company startup
expenses.
 11
 MICRO
MAMMOTH SOLUTIONS, INC
 (A
DEVELOPMENTAL STAGE COMPANY)
 NOTES
TO THE FINANCIAL STATEMENTS
 (Unaudited)
 Note
7 – Commitments and contingent liabilities
  Legal matters - The
Company is occasionally party to litigation or threat of litigation arising in
the normal course of business.  Management, after consultation with
legal counsel, does not believe that the resolution of any such matters will
have a material effect on the Company’s financial position or results of
operations.
  Note
8 – Agreement and Plan of Merger
  On March
10, 2008 the Company entered into an agreement and plan of merger with Advanced
Blast Protection, Inc. (ABP).  The agreement was contingent on ABP
obtaining financing for the agreement.  The agreement expired on
December 31, 2008.
 
 12




ITEM 2.
            MANAGEMENT'S
      DISCUSSION AND ANALYSIS OF FINANCIAL CONDITIONAND RESULTS OF
      OPERATIONS.





FORWARD-LOOKING
STATEMENTS




This
document contains “forward-looking statements” within the meaning of the Private
Securities Litigation Reform Act of 1995. All statements other than statements
of historical fact are “forward-looking statements” for purposes of federal and
state securities laws, including, but not limited to, any projections of
earnings, revenue or other financial items; any statements of the plans,
strategies and objections of management for future operations; any statements
concerning proposed new services or developments; any statements regarding
future economic conditions or performance; any statements of belief; and any
statements of assumptions underlying any of the foregoing.




Forward-looking
statements may include the words “may,” “could,” “estimate,” “intend,”
“continue,” “believe,” “expect,”  “anticipate” or other similar words.
These forward-looking statements present our estimates and assumptions only as
of the date of this report. Except for our ongoing securities laws, we do not
intend, and undertake no obligation, to update any forward-looking
statement.




Although
we believe that the expectations reflected in any of our forward-looking
statements are reasonable, actual results could differ materially from those
projected or assumed in any of our forward-looking statements. Our future
financial condition and results of operations, as well as any forward-looking
statements, are subject to change and inherent risks and uncertainties. The
factors impacting these risks and uncertainties include, but are not limited
to:





•
            our
      ability to successfully compete in the professional services
      industry;




•
            difficulties
      developing a new line of business in the professional services
      industry;




•
            failure
      to identify, develop or profitably manage additional
      businesses;




•
            failure
      to obtain new customers or retain existing
  customers;




•
            inability
      to efficiently manage our
operations;




•
            inability
      to achieve future operating
results;




•
            inability
      to obtain capital for future
growth;




•
            loss
      of key executives; and




•
            general
      economic and business conditions.




For a
detailed description of these and other factors that could cause actual results
to differ materially from those expressed in any forward-looking statement,
please see “Factors That May Affect Our Plan of Operation” in this document and
in our Annual Report on Form 10-K for the year ended June 30, 2008, available at
the SEC’s website at www.sec.gov.


13





RISK
FACTORS





We
are a development stage company organized in March 2006 and have no operating
history, which makes an evaluation of us extremely difficult. At this stage of
our business operations, even with our good faith efforts, potential investors
have a high probability of losing their investment.




We were
incorporated in March of 2006 as a Nevada corporation. As a result of our recent
start up, we have generated limited revenues from operations and have been
focused on organizational, start-up, and market analysis activities since we
incorporated. Our operating activities during this period consisted primarily of
developing contacts for our consulting services.  There is nothing at
this time on which to base an assumption that our business operations will prove
to be successful or that we will ever be able to operate profitably. Our future
operating results will depend on many factors, including our ability to raise
adequate working capital, demand for our services, the level of our competition
and our ability to attract and maintain key management and
employees.




Our
prospects are subject to the risks and expenses encountered by start-up
companies, such as ours, which are establishing a business as consulting firm.
Our limited operating history makes it difficult or impossible to predict future
results of our operations. We may not establish a client base that will make us
profitable, which might result in the loss of some or all of your investment in
our common stock.




You
should consider our prospects in light of the risks and difficulties frequently
encountered by early stage companies in the rapidly evolving consulting market.
These risks include, but are not limited to, an unpredictable business
environment, the difficulty of managing growth and the use of our business
model. To address these risks, we must, among other things:





·           expand
our customer base;


·           enhance
our name recognition;


·           expand
our product and service offerings;


·           successfully
implement our business and marketing strategy;


·           provide
superior customer service;


·           respond
effectively to competitive and technological developments; and


·           attract
and retain qualified personnel.





Because our
common stock is deemed a low-priced “Penny” stock, an investment in our common
stock should be considered high risk and subject to marketability restrictions.
These marketability restrictions may prevent you from liquidating your stock,
thus causing a loss of your investment.




Since our
common stock is a penny stock, as defined in Rule 3a51-1 under the Securities
Exchange Act, it will be more difficult for investors to liquidate their
investment even if and when a market develops for the common stock. Until the
trading price of the common stock rises above $5.00 per share, if ever, trading
in the common stock is subject to the penny stock rules of the Securities
Exchange Act specified in rules 15g-1 through 15g-10. Those rules require
broker-dealers, before effecting transactions in any penny stock,
to:




•
            Deliver
      to the customer, and obtain a written receipt for, a disclosure
      document;


•
            Disclose
      certain price information about the
stock;


•
            Disclose
      the amount of compensation received by the broker-dealer or any associated
      person of the broker-dealer;


•
            Send
      monthly statements to customers with market and price information about
      the penny stock; and


•
            In
      some circumstances, approve the purchaser’s account under certain
      standards and deliver written statements to the customer with information
      specified in the rules.




Consequently,
the penny stock rules may restrict the ability or willingness of broker-dealers
to sell the common stock and may affect the ability of holders to sell their
common stock in the secondary market and the price at which such holders can
sell any such securities. These additional procedures could also limit our
ability to raise additional capital in the future.




14




BUSINESS
OVERVIEW





Micro
Mammoth Solutions, Inc. is a development stage company, originally incorporated
in the State of Nevada on September 13, 2006. We have not as of yet engaged in
significant operations, nor have we had significant revenues. Our plan of
operation has been, and will continue to be for the next twelve months to market
our consulting services to small and medium size businesses that are mortgage
brokers and mortgage lenders and expand our customer base.  MMSI
consulting services will assist brokers and mortgage lenders with the customer
service and marketing aspects of their business, allowing them to focus on the
business aspects of providing mortgages.  Our consulting business will
focus on customer service and marketing.





We have
continuously incurred losses since our inception, totaling
$181,592.  For the six months ended December 31, 2008 we had a net
loss of $3,076 as compared to a net loss of $3,319 for the same six months ended
December 31, 2007.





Recent
Developments




Our
original plan of operation was to position Micro Mammoth Solutions, Inc. to
market our consulting services to assist small and medium sized mortgage brokers
and mortgage lenders with the customer service and marketing aspects of their
business, allowing them to focus on the business aspects of providing
mortgages.





Our
current related party contract is providing revenue to continue operations as
they exist currently. We have determined that our current level of revenue
generation will not satisfy our business plan or original plan of operation. Our
current revenue levels fail to substantiate and support shareholder value.
Therefore, we have re-assessed our business model, and are aggressively seeking
out other business opportunities in an effort to substantiate stockholder
value.





We
anticipate obtaining additional financing to fund operations through common
stock offerings, to the extent available, or to obtain additional financing to
the extent necessary to augment our working capital.





We had
been seeking to engage in a merger with ABP Acquisition Corp., a wholly owned
subsidiary of Advanced Blast Protection Inc., a Florida corporation (ABP") and
the principal stockholders of ABP. The Merger Agreement provided for the merger
("Merger") of Micro Mammoth Solutions, Inc., and ABP with ABP as the surviving
corporation.  As of December 31, 2008 the merger agreement between ABP
Acquisition Corp., a wholly owned subsidiary of Advanced Blast Protection Inc.,
and Micro Mammoth Solutions, Inc., expired under its own terms.





Micro
Mammoth Solutions has elected to continue executing its business plan, making
modifications as needed due to the challenging market conditions and will
continue to aggressively seek out other business opportunities in an effort to
substantiate stockholder value.  We have been in the developmental
stage since inception and have no limited operations to date. Other than our
current related party contract we have not commenced any additional operational
activities.





Micro
Mammoth may enter into a business combination with another targeted business
entity. Such a combination would normally involve the transfer to the target
business of the majority of our common stock, and the substitution by the target
business of its own management and board of directors. Our sole officer and
director and majority shareholder is currently in negotiations to transfer his
interest in Micro Mammoth Solutions, Inc. to an outside third party. In the
event such transaction takes place, it is likely our sole officer and director
would resign his positions with the Company.





We have,
and will continue to have, no capital with which to provide the owners of
business opportunities with any cash or other assets. However, management
believes we will be able to offer owners of acquisition candidates the
opportunity to acquire a controlling ownership interest in a company with
securities registered pursuant to Rule 12(g) of the Exchange Act. Our sole
officer and director has not conducted market research and is not aware of
statistical data to support the perceived benefits of a merger or acquisition
transaction for the owners of a business opportunity.




15





Our audit
reflects the fact that our income from our related party contract provides
limited revenues. We have no other current source of income. Further, without
realization of additional capital, it would be unlikely for the Company to
continue as an ongoing concern.





Our sole
officer and director has agreed that he will advance any additional funds which
we need for operating capital and for costs in connection with searching for or
completing an acquisition or merger. Such advances have historically been
converted to equity. There is no minimum or maximum amount the Officer and
Director will advance to us. We will not borrow any funds for the purpose of
repaying advances made by such Officer and Director, and we will not borrow any
funds to make any payments to our promoters, management or their affiliates or
associates.




Satisfaction of our cash obligations
for the next twelve months




The
company has been determined by our auditor to be an ongoing concern. The company
is not generating sufficient revenue to cover all of its expenses.





We plan
on satisfying our cash obligations over the next twelve months through
additional equity and/or third party financing. We do not anticipate generating
revenues within the next twelve months, unless we successfully complete a merger
or acquisition with a company generating revenues from operations.





A
critical component of our operating plan impacting our continued existence is
the ability to obtain additional capital through additional equity and/or debt
financing. We do not anticipate enough positive internal operating cash flow
until such time as we complete the acquisition and can generate substantial
revenues, which may take the next few years to fully realize, if ever. In the
event we cannot obtain the necessary capital to pursue our strategic plan, we
may have to cease or significantly curtail our operations. This would materially
impact our ability to continue operations.




Liquidity
and Capital Resources




Over the
next twelve months we believe that existing capital and anticipated funds from
operations will not be sufficient to sustain our operations. As a result, we
will be required to seek additional capital to fund our operations through
additional equity or debt financing or credit facilities. No assurance can be
made that such financing would be available, and if available it may take either
the form of debt or equity. In either case, the financing could have a negative
impact on our financial condition and our Stockholders.





We
anticipate incurring continued operating losses over the next twelve months. Our
lack of operating history makes predictions of future operating results
difficult to ascertain. Our prospects must be considered in light of the risks,
expenses and difficulties frequently encountered by companies in their early
stage of development. To address these risks we must, among other things, locate
suitable acquisition targets, obtain a customer base, implement and successfully
execute a business and marketing strategy, respond to competitive developments,
and attract, retain and motivate qualified personnel. There can be no assurance
that we will be successful in addressing such risks, and the failure to do so
can have a material adverse effect on our business prospects, financial
condition and results of operations.




Going
Concern




The
consolidated financial statements included in this filing have been prepared in
conformity with generally accepted accounting principles that contemplate the
continuance of the Company as a going concern. The Company’s cash position is
inadequate to pay all of the costs associated with its intended business plan.
Management intends to use borrowings and security sales to mitigate the effects
of its cash position, however no assurance can be given that debt or equity
financing, if and when required will be available. The financial statements do
not include any adjustments relating to the recoverability and classification of
recorded assets and classification of liabilities that might be necessary should
the Company be unable to continue existence.




16




We
do not anticipate performing any significant product research and development
under our plan of operation until such time as we complete an acquisition. We do
not anticipate the purchase or sale of any plant or significant equipment; as
such items are not required by us at this time or anticipated to be needed in
the next twelve months. As of December 31, 2008, we had 1 part-time employee. We
are dependent upon James Watson our sole officer and director. We may need to
hire full time operational staff if and when we complete the anticipated
acquisition.




RESULTS
OF OPERATIONS





For the
six months ended December 31, 2008, we generated revenues of approximately
$6,000 and incurred a net loss of approximately $3,076.





For
complete financial information, please see the enclosed financial statements and
the accompanying notes.





Off-Balance
Sheet Arrangements




We do not
have any off-balance sheet arrangements that have or are reasonably likely to
have a current or future effect on our financial condition, changes in financial
condition, revenues or expenses, results of operations, liquidity, capital
expenditures or capital resources that is material to investors.





ITEM 3.QUANTITATIVE AND QUALITATIVE
DISCLOSURES ABOUT MARKET RISK




As
a smaller reporting company, as defined by Rule 229,10(f)(1), Micro Mammoth
Solutions, Inc. is not required to provide Quantitative and Qualitative
disclosures about market risk.





ITEM 4. CONTROLS
AND PROCEDURES





EVALUATION
OF DISCLOSURE CONTROLS AND PROCEDURES OVER FINANCIAL REPORTING




Based on
evaluations at December 31, 2008, our principal executive and financial officer,
has concluded that the disclosure controls and procedures (as defined in Rule
13a-15(e) and 15d-15(e) under the Securities Exchange Act) are effective to
ensure that information required to be disclosed by the company in reports that
we file or submit under the Securities Exchange Act is recorded, processed,
summarized and reported within the time periods specified in the rules and forms
of the SEC, and that material information relating to the Company is accumulated
and communicated to management, including our principal executive and financial
officer, as appropriate to allow timely decisions regarding required
disclosures.





CHANGES
IN INTERNAL CONTROLS





During
the period covered by this quarterly report on Form 10-Q, the Company has not
made any changes to its internal control over financial reporting (as referred
to in Paragraph 4(b) of the Certifications of the Company’s principal executive
and financial officer included as exhibits to his report) that have materially
affected, or are reasonably likely to affect the Company’s internal control over
financial reporting.





17





PART
II - OTHER INFORMATION





ITEM 1.LEGAL
PROCEEDINGS





We are
not currently involved in any legal proceedings and we are not aware of any
pending or potential legal actions.





ITEM 1A. RISK
FACTORS





Smaller
reporting companies are not required to provide the information required by this
item.




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





There
were no sales of unregistered securities during the period covered by this
report.





ITEM 3.DEFAULTS UPON SENIOR
SECURITIES





There
were no defaults upon senior securities during the period covered by this
report.





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





There
were no matters submitted to a vote of security holders during the period
covered by this report.





ITEM 5.OTHER
INFORMATION





There was
no information required to be disclosed on Form 8-K during the period covered by
this report.





ITEM 6.EXHIBITS





The
following exhibits are included with this quarterly filing. Those marked with an
asterisk and required to be filed hereunder, are incorporated by reference and
can be found in their entirety in our original Form SB-2 Registration Statement,
filed July 17, 2007 under SEC File Number 333-144645, at the SEC website at
www.sec.gov.





Incorporated by referenceExhibit
                                      
                                      Exhibit Description
                                      
                                      Filed
                                        herewith
                                      
                                      Form
                                      
                                      Period
                                        ending
                                      
                                      Exhibit
                                      
                                      Filing
                                        date3.1(i)
                                      
                                      Articles
      of Incorporation
                                      
                                      
                                      
                                      SB-2
                                      
                                      
                                      
                                      3.1(i)
                                      
                                      07/17/073.1(ii)
                                      
                                      Bylaws
      of Micro Mammoth Solutions, Inc.
                                      
                                      
                                      
                                      SB-2
                                      
                                      
                                      
                                      3.1(ii)
                                      
                                      07/17/0731*
                                      
                                      Certification of James Watson pursuant to Section
      302 of the Sarbanes-Oxley Act
                                      
                                      X32*
                                      
                                      Certification of James Watson pursuant to Section
      906 of the Sarbanes-Oxley Act
                                      
                                      X




18





SIGNATURES





Pursuant
to the requirements of Section 13 or Section 15(d) of the Securities Exchange
Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly
authorized, on February 13, 2009





MICRO MAMMOTH SOLUTIONS, INC.
                            REGISTRANTBy: /s/ James WatsonJames
      WatsonChief Executive Officer andPrincipal
      Accounting
Officer


19