FORM
      10-Q





U.S.
      SECURITIES AND EXCHANGE COMMISSION


Washington,
      D.C. 20549





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


SECURITIES
      EXCHANGE ACT OF 1934





For
      the
      quarterly period ended September 30, 2008




OR





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


SECURITIES
      EXCHANGE ACT OF 1934





For
      the
      transition period from ________ to ________





Commission
      file number 000-52931




SRKP
      15, Inc.


(Exact
      name of registrant as specified in its charter)




Delaware
            
            20-8057512(State
                or other jurisdiction
            
            (I.R.S.
                Employer Identification Number)of
                incorporation or organization)




4737
      North Ocean Drive, Suite 207, Lauderdale by the Sea, FL 33308


(Address
      of principal executive offices)





(310)
      203-2902


(Registrant’s
      telephone number, including area code)





No
      change


(Former
      name, former address and former fiscal year, if changed since last
      report)




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. Yes x No  ̈ .





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
      definitions of “large accelerated filer,” “accelerated filer” and “smaller
      reporting company” in Rule 12b-2 of the Exchange Act. (Check
      one):


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





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





APPLICABLE
      ONLY TO ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS DURING


THE
      PRECEDING FIVE YEARS:





Indicate
      by check mark whether the registrant has filed all documents and reports
      required to be filed by Sections 12, 13 or 15(d) of the Securities Exchange
      Act
      of 1934 subsequent to the distribution of securities under a plan confirmed
      by a
      court. Yes  ̈ No  ̈ .





APPLICABLE
      ONLY TO CORPORATE ISSUERS:





Indicate
      the number of shares outstanding of each of the issuer’s classes of common
      stock, as of the latest practicable date: 9,396,390 **** shares
      of
      common stock, par value $.0001 per share, outstanding as of October 14, 2008.





**SRKP
      15, INC.**





**-
      INDEX -**





Page**PART
                I – FINANCIAL INFORMATION:**Item
                1.
            Financial
                Statements:
            1Balance
                Sheets as of September 30, 2008 (Unaudited) and December 31,
                2007
            2Statements
                of Operations (Unaudited) for the Three and Nine Months
                Ended
            3September
                30, 2008, for the Three Months Ended September 30, 2007, for the
                Periodfrom
                January 3, 2007 (Inception) to September 30, 2007, and for the Cumulative
                Periodfrom
                January 3, 2007 (Inception) to September 30, 2008Statements
                of Cash Flows (Unaudited) for the Nine Months Ended September 30,
                2008,
            4for
                the Period from January 3, 2007 (Inception) to September 30,
                2007,and
                for the Cumulative Period from January 3, 2007 (Inception) to September
                30, 2008Notes
                to Financial Statements
            5Item
                2.
            Management’s
                Discussion and Analysis of Financial Condition and Results of
                Operations
            8Item
                3.
            Quantitative
                and Qualitative Disclosures About Market Risk
            11Item
                4T.
            Controls
                and Procedures
            11**PART
                II – OTHER INFORMATION:**Item
                1.
            Legal
                Proceedings
            11Item
                1A.
            Risk
                Factors
            11Item
                2.
            Unregistered
                Sales of Equity Securities and Use of Proceeds
            12Item
                3.
            Defaults
                Upon Senior Securities
            12Item
                4.
            Submission
                of Matters to a Vote of Security Holders
            12Item
                5.
            Other
                Information
            12Item
                6.
            Exhibits
            12Signatures
            13







**PART
      I – FINANCIAL INFORMATION**





**Item
      1. Financial Statements.**





The
      accompanying financial statements have been prepared in accordance with
      generally accepted accounting principles for interim financial information
      and
      in accordance with the instructions for Form 10-Q. Accordingly, they do not
      include all of the information and footnotes required by generally accepted
      accounting principles for complete financial statements.





In
      the
      opinion of management, the financial statements contain all material
      adjustments, consisting only of normal recurring adjustments necessary to
      present fairly the financial condition, results of operations, and cash flows
      of
      the Company for the interim periods presented.





The
      results for the period ended September 30, 2008 are not necessarily indicative
      of the results of operations for the full year. These financial statements
      and
      related footnotes should be read in conjunction with the financial statements
      and footnotes thereto included in the Company’s Form 10-KSB filed with the
      Securities and Exchange Commission for the period ended December 31,
      2007.


1


**SRKP
      15, INC.**


**(A
      Development Stage Company)**


**BALANCE
      SHEETS**





**ASSETS**





**September 30,**
              **2008**
            
            **December 31,**
              **2007****(Unaudited)****CURRENT
                ASSETS:**Cash
            
            $
            50,040
            
            $
            828Deferred
                Acquisition Costs
            
            
            101,601
            
            
            -Total
                Current Assets
            
            $
            151,641
            
            $
            828**LIABILITIES
                AND STOCKHOLDERS’ EQUITY (DEFICIT)****CURRENT
                LIABILITIES:**Due
                to Stockholders
            
            $
            197,500
            
            $
            32,500**COMMITMENTS
                AND CONTINGENCIES****STOCKHOLDERS’
                EQUITY (DEFICIT):**Preferred
                stock, $.0001 par value, 10,000,000 shares authorized, none
                issued
            
            
            —
            
            
            —Common
                stock, $.0001 par value, 100,000,000 shares authorized, 9,396,390
                and
                7,096,390 shares issued and outstanding, respectively
            
            
            940
            
            
            710Additional
                Paid in Capital
            
            
            9,801
            
            
            6,790(Deficit)
                accumulated during development stage
            
            
            (56,600
            )
            
            (39,172
            )Total
                Stockholders’ Equity (Deficit)
            
            
            (45,859
            )
            
            (31,672
            )$
            151,641
            
            $
            828





**SEE
      ACCOMPANYING NOTES TO FINANCIAL STATEMENTS**


2





**SRKP
      15, INC.**


**(A
      Development Stage Company)**


**STATEMENTS
      OF OPERATIONS**


**(Unaudited)**





**For the**
            
            **Cumulative****Period**
            
            **From****January 3,**
            
            **January 3,****2007**
            
            **2007****Three Months**
            
            **Three Months**
            
            **Nine Months**
            
            **(Inception)**
            
            **(Inception)****Ended**
            
            **Ended**
            
            **Ended**
            
            **to**
            
            **to****September 30,**
              **2008**
            
            **September 30,**
              **2007**
            
            **September 30,**
              **2008**
            
            **September 30,**
              **2007**
            
            **September 30,**
              **2008****REVENUE**
            
            $
            —
            
            $
            —
            
            $
            —
            
            $
            —
            
            $
            —**EXPENSES**
            
            
            2,234
            
            
            3,535
            
            
            17,428
            
            
            18,978
            
            
            56,600**NET
                (LOSS)**
            
            $
            (2,234
            )
            $
            (3,535
            )
            $
            (17,428
            )
            $
            (18,978
            )
            $
            (56,600
            )**NET
                (LOSS) PER COMMON****SHARE
                - BASIC**
            
            $
            *
            
            $
            *
            
            $
            *
            
            $
            ***WEIGHTED
                AVERAGE NUMBER OF COMMON SHARES OUTSTANDING**
            
            
            9,396,390
            
            
            7,096,390
            
            
            8,672,316
            
            
            7,096,390





***
      LESS THAN $.01**





**SEE
      ACCOMPANYING NOTES TO FINANCIAL STATEMENTS**


3





**SRKP
      15, INC.**


**(A
      Development Stage Company)**


**STATEMENTS
      OF CASH FLOWS**


**(** **Unaudited)**





**For the**
            
            **Cumulative****Period**
            
            **from****January 3,**
            
            **January 3,****2007**
            
            **2007****Nine Months**
            
            **(Inception)**
            
            **(Inception)****Ended**
            
            **to**
            
            **to****September 30,**
              **2008**
            
            **September 30,**
              **2007**
            
            **September 30,**
              **2008****CASH
                FLOWS (TO) OPERATING ACTIVITIES:**Net
                (loss)
            
            $
            (17,428
            )
            $
            (18,978
            )
            $
            (56,600
            )Adjustments
                to reconcile net (loss) to net cash(used
                in) operating activities:Increase
                in accrued expenses
            
            
            —
            
            
            1,060
            
            
            —Deferred
                Acquisition Costs
            
            
            (101,601
            )
            
            —
            
            
            (101,601
            )Net
                Cash (Used) by Operating Activities
            
            
            (119,029
            )
            
            (17,918
            )
            
            (158,201
            )**CASH
              FLOWS FROM FINANCING ACTIVITIES:**Advances
                from Stockholders
            
            
            165,000
            
            
            22,500
            
            
            197,500Warrants
                issued for cash
            
            
            —
            
            
            2,500
            
            
            2,500Common
                stock issued for cash
            
            
            3,241
            
            
            5,000
            
            
            8,241Net
                Cash Provided by Financing Activities
            
            
            168,241
            
            
            30,000
            
            
            208,241**NET
                INCREASE IN CASH AND CASH EQUIVALENTS**
            
            
            49,212
            
            
            12,082
            
            
            50,040**CASH
                AND CASH EQUIVALENTS, BEGINNING OF PERIOD**
            
            
            828
            
            
            —
            
            
            —**CASH
                AND CASH EQUIVALENTS, END OF PERIOD**
            
            $
            50,040
            
            $
            12,082
            
            $
            50,040





**SEE
      ACCOMPANYING NOTES TO FINANCIAL STATEMENTS**


4


**SRKP
      15, INC.**


**(A
      Development Stage Company)**


**NOTES
      TO FINANCIAL STATEMENTS**





**NOTE
      1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES**





**History**


SRKP
      15,
      Inc. (the Company), a development stage company, was incorporated under the
      laws
      of the State of Delaware on December 7, 2006. There was no activity during
      2006
      and no equity was issued. The common stock of the Company was sold and issued
      on
      January 3, 2007 and as such has been used as the date of inception for the
      Company. The Company is in the development stage as defined in Financial
      Accounting Standards Board Statement No. 7. The fiscal year end is December
      31.





The
      Company filed a Form 10-SB registration statement with the Securities and
      Exchange Commission (SEC) pursuant to Section 12(g) of the Securities Exchange
      Act of 1934. The registration statement has been declared effective as of
      January 25, 2008.





**Going
      Concern and Plan of Operation**


The
      Company's financial statements have been presented on the basis that it is
      a
      going concern, which contemplates the realization of assets and the satisfaction
      of liabilities in the normal course of business. The Company is in the
      development stage and has negative working capital, negative stockholders’
equity and has not earned any revenues from operations to date. These conditions
      raise substantial doubt about its ability to continue as a going concern.





The
      Company is currently devoting its efforts to locating merger candidates. The
      Company's ability to continue as a going concern is dependent upon its ability
      to develop additional sources of capital, locate and complete a merger with
      another company, and ultimately, achieve profitable operations. The accompanying
      financial statements do not include any adjustments that might result from
      the
      outcome of these uncertainties.





**Income
      Taxes**


The
      Company uses the liability method of accounting for income taxes pursuant to
      Statement of Financial Accounting Standards No. 109.  Under this method,
      deferred income taxes are recorded to reflect the tax consequences in future
      years of temporary differences between the tax basis of the assets and
      liabilities and their financial amounts at
      year-end.





For
      federal income tax purposes, substantially all startup and organizational
      expenses must be deferred until the Company commences business.  The
      Company may elect a limited deduction of up to $5,000 in the taxable year in
      which the trade or business begins.  The $5,000 must be reduced by the
      amount of startup costs in excess of $50,000.  The remainder of the
      expenses not deductible must be amortized over a 180-month period beginning
      with
      the month in which the active trade or business begins.  These expenses
      will not be deducted for tax purposes and will represent a deferred tax
      asset.  The Company will provide a valuation allowance in the full amount
      of the deferred tax asset since there is no assurance of future taxable
      income.  Tax deductible losses can be carried forward for 20 years until
      utilized.





**Deferred
      Offering Costs**


Deferred
      offering costs, consisting of legal, accounting and filing fees relating to
      an
      offering will be capitalized. The deferred offering costs will be offset against
      offering proceeds in the event the offering is successful. In the event the
      offering is unsuccessful or is abandoned, the deferred offering costs will
      be
      expensed.


5


**SRKP
      15, INC.**


**(A
      Development Stage Company)**


**NOTES
      TO FINANCIAL STATEMENTS**





**NOTE
      1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)**





**Cash
      and Cash Equivalents**


Cash
      and
      cash equivalents consist primarily of cash in banks and highly liquid
      investments with original maturities of 90 days or less.





**Concentrations
      of Credit Risk**


The
      Company maintains all cash in deposit accounts, which at times may exceed
      federally insured limits. The Company has not experienced a loss in such
      accounts.





**Earnings
      per Common Share**


Basic
      earnings per common share are computed based upon the weighted average number
      of
      common shares outstanding during the period. Diluted earnings per share consists
      of the weighted average number of common shares outstanding plus the dilutive
      effects of options and warrants calculated using the treasury stock method.
      In
      loss periods, dilutive common equivalent shares are excluded as the effect
      would
      be anti-dilutive.





At
      September 30, 2008 and 2007, the only potential dilutive securities
      were 7,096,390 common stock warrants. Due to the net loss, none of the
      potentially dilutive securities were included in the calculation of diluted
      earnings per share since their effect would be anti-dilutive.





**Use
      of Estimates in the Preparation of Financial
      Statements**


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, the disclosure of
      contingent assets and liabilities at the date of the financial statements and
      the reported amounts of revenues and expenses during the reporting periods.
      Actual results could differ from those estimates and assumptions.





**Recently
      Issued Accounting Pronouncements**


The
      Company has adopted all recently issued accounting pronouncements. The adoption
      of the accounting pronouncements, including those not yet effective, is not
      anticipated to have a material effect on the financial position or results
      of
      operations of the Company.





**NOTE
      2 - STOCKHOLDERS' EQUITY**





During
      January 2007, the Company sold for $5,000 for a subscription receivable, paid
      in
      April 2007, 7,096,390 shares of its $.0001 par value common stock to various
      investors. In addition, the Company also sold to these investors for $2,500
      cash
      warrants to purchase 7,096,390 shares of common stock at an exercise price
      of
      $.0001. These warrants expire at the earlier date of 10 years from date of
      purchase or 5 years from the date the Company consummates a merger or other
      business combination with an operating business or any other event to which
      the
      Company ceases to be a “shell company.”





During
      March 2008, the Company sold for $3,241 cash 2,300,000 shares of its $.0001
      par
      value common stock to various investors.


6


**SRKP
      15, INC.**


**(A
      Development Stage Company)**


**NOTES
      TO FINANCIAL STATEMENTS**





**NOTE
      3 - RELATED PARTY TRANSACTIONS**




The
      Company neither owns nor leases any real or personal property. Most office
      services are provided without charge by WestPark Capital.  The Company’s
      President is also the Chief Executive Officer of WestPark Capital. Such costs
      are immaterial to the financial statements. The officers and directors of the
      Company are involved in other business activities and may, in the future, become
      involved in other business opportunities that become available. Such persons
      may
      face a conflict in selecting between the Company and their other business
      interests. The Company has not formulated a policy for the resolution of such
      conflicts.





**NOTE
      4 - DEFERRED ACQUISITION COSTS**





During
      the second fiscal quarter of 2008, the Company paid certain fees and expenses
      in
      the aggregate amount of approximately $101,601 on behalf of Baoqing Non-GM
      Organic Food Co. Ltd. (“Baoqing”) pursuant to that certain term sheet entered
      into by and between the Company and Baoqing on January 22, 2008, as amended
      on
      January 22, 2008 (collectively, the “Term Sheet”), where such Term Sheet became
      binding on the parties upon such funding.





Pursuant
      to the Term Sheet, the Company shall fund on behalf of Baoqing certain fees
      and
      expenses not to exceed the total of certain qualified expenses actually incurred
      by Baoqing prior to the contemplated reverse merger transaction, where Baoqing
      will merge with and become a wholly-owned subsidiary of the Company (the
“Reverse Merger”). All funds disbursed by the Company on behalf of Baoqing under
      the Term Sheet are repayable to the Company (a) upon closing of the Reverse
      Merger, or (b) upon termination of the Reverse Merger if such termination is
      due
      to Baoqing’s (i) failure to satisfy due diligence investigations of the
      placement agent or underwriter, (ii) failure to provide proper legal opinions
      necessary to close the Reverse Merger, or (iii) ineligibility to close the
      Reverse Merger for any other reason. All funds disbursed by the Company on
      behalf of Baoqing under the Term Sheet are not repayable to the Company in
      the
      event that the Reverse Merger is terminated due to failure or fault of the
      placement agent or underwriter. Further, the Company may, at its sole
      discretion, at the closing of the Reverse Merger choose not to be repaid under
      the Term Sheet and receive 3% warrants, or the Company may choose to be repaid
      all monies disbursed under the Term Sheet and receive 2% warrants at the closing
      of the Reverse Merger.





**NOTE
      5 - DUE TO STOCKHOLDERS**





Since
      inception certain stockholders have advanced the Company $197,500 to pay for
      operating expenses. These funds have been advanced interest free, are unsecured,
      and are due on demand.


7




**Item
        2. Management’s Discussion and Analysis of Financial Condition and Results of
        Operations.**
 
 ***Forward
        Looking Statement Notice***
 
 Certain
        statements made in this Quarterly Report on Form 10-Q are “forward-looking
        statements” (within the meaning of the Private Securities Litigation Reform Act
        of 1995) in regard to the plans and objectives of management for future
        operations. Such statements involve known and unknown risks, uncertainties
        and
        other factors that may cause actual results, performance or achievements
        of SRKP
        15, Inc. (“we”, “us”, “our” or the “Company”) to be materially different from
        any future results, performance or achievements expressed or implied by such
        forward-looking statements. The forward-looking statements included herein
        are
        based on current expectations that involve numerous risks and uncertainties.
        The
        Company's plans and objectives are based, in part, on assumptions involving
        the
        continued expansion of business. Assumptions relating to the foregoing involve
        judgments with respect to, among other things, future economic, competitive
        and
        market conditions and future business decisions, all of which are difficult
        or
        impossible to predict accurately and many of which are beyond the control
        of the
        Company. Although the Company believes its assumptions underlying the
        forward-looking statements are reasonable, any of the assumptions could prove
        inaccurate and, therefore, there can be no assurance the forward-looking
        statements included in this Quarterly Report will prove to be accurate. In
        light
        of the significant uncertainties inherent in the forward-looking statements
        included herein, the inclusion of such information should not be regarded
        as a
        representation by the Company or any other person that the objectives and
        plans
        of the Company will be achieved.
 
 ***Description
        of Business***
 
 The
        Company was incorporated in the State of Delaware on December 7, 2006 and
        maintains its principal executive office at 4737 North Ocean Drive, Suite
        207,
        Lauderdale by the Sea, FL 33308. Since inception on January 3, 2007, the
        Company
        has been engaged in organizational efforts and obtaining initial financing.
        The
        Company was formed as a vehicle to pursue a business combination through
        the
        acquisition of, or merger with, an operating business. The Company filed
        a
        registration statement on Form 10-SB with the U.S. Securities and Exchange
        Commission (the “SEC”) on November 26, 2007, and since its effectiveness, the
        Company has focused its efforts to identify a possible business
        combination.
 
 The
        Company, based on proposed business activities, is a “blank check” company. The
        SEC defines those companies as "any development stage company that is issuing
        a
        penny stock, within the meaning of Section 3(a)(51) of the Securities Exchange
        Act 1934, as amended (the “Exchange Act”), and that has no specific business
        plan or purpose, or has indicated that its business plan is to merge with
        an
        unidentified company or companies." Many states have enacted statutes, rules
        and
        regulations limiting the sale of securities of "blank check" companies in
        their
        respective jurisdictions. The Company is also a “shell company,” defined in Rule
        12b-2 under the Exchange Act as a company with no or nominal assets (other
        than
        cash) and no or nominal operations. Management does not intend to undertake
        any
        efforts to cause a market to develop in our securities, either debt or equity,
        until we have successfully concluded a business combination. The Company
        intends
        to comply with the periodic reporting requirements of the Exchange Act for
        so
        long as we are subject to those requirements.
 
 The
        Company was organized as a vehicle to investigate and, if such investigation
        warrants, acquire a target company or business seeking the perceived advantages
        of being a publicly held corporation. The Company’s principal business objective
        for the next 12 months and beyond such time will be to achieve long-term
        growth
        potential through a combination with an operating business. The Company will
        not
        restrict its potential candidate target companies to any specific business,
        industry or geographical location and, thus, may acquire any type of
        business.
  8
  The
        Company currently does not engage in any business activities that provide
        cash
        flow. During the next twelve months we anticipate incurring costs related
        to:
 
 (i)  filing
        Exchange Act reports, and
 (ii)  investigating,
        analyzing and consummating an acquisition.
 
 We
        believe we will be able to meet these costs through use of funds in our
        treasury, through deferral of fees by certain service providers and additional
        amounts, as necessary, to be loaned to or invested in us by our stockholders,
        management or other investors.
 
 The
        Company may consider acquiring a business which has recently commenced
        operations, is a developing company in need of additional funds for expansion
        into new products or markets, is seeking to develop a new product or service,
        or
        is an established business which may be experiencing financial or operating
        difficulties and is in need of additional capital. In the alternative, a
        business combination may involve the acquisition of, or merger with, a company
        which does not need substantial additional capital but which desires to
        establish a public trading market for its shares while avoiding, among other
        things, the time delays, significant expense, and loss of voting control
        which
        may occur in a public offering.
 
 Since
        our
        Registration Statement on Form 10-SB went effective, our management has had
        contact and discussions with representatives of other entities regarding
        a
        business combination with us. Any target business that is selected may be
        a
        financially unstable company or an entity in its early stages of development
        or
        growth, including entities without established records of sales or earnings.
        In
        that event, we will be subject to numerous risks inherent in the business
        and
        operations of financially unstable and early stage or potential emerging
        growth
        companies. In addition, we may effect a business combination with an entity
        in
        an industry characterized by a high level of risk, and, although our management
        will endeavor to evaluate the risks inherent in a particular target business,
        there can be no assurance that we will properly ascertain or assess all
        significant risks.
 
 The
        Company anticipates that the selection of a business combination will be
        complex
        and extremely risky. Because of general economic conditions, rapid technological
        advances being made in some industries and shortages of available capital,
        our
        management believes that there are numerous firms seeking even the limited
        additional capital which we will have and/or the perceived benefits of becoming
        a publicly traded corporation. Such perceived benefits of becoming a publicly
        traded corporation include, among other things, facilitating or improving
        the
        terms on which additional equity financing may be obtained, providing liquidity
        for the principals of and investors in a business, creating a means for
        providing incentive stock options or similar benefits to key employees, and
        offering greater flexibility in structuring acquisitions, joint ventures
        and the
        like through the issuance of stock. Potentially available business combinations
        may occur in many different industries and at various stages of development,
        all
        of which will make the task of comparative investigation and analysis of
        such
        business opportunities extremely difficult and complex.
 
 ***Liquidity
        and Capital Resources***
 
 As
        of
        September 30, 2008, the Company had assets equal to $151,641, comprised of
        cash
        and deferred acquisition costs. This compares with assets of $828, comprised
        exclusively of cash, as of December 31, 2007. The Company’s current liabilities
        as of September 30, 2008 totaled $197,500, comprised exclusively of monies
        due
        to stockholders. This compares to the Company’s liabilities as of December 31,
        2007 of $32,500, comprised exclusively of monies due to stockholders. The
        Company can provide no assurance that it can continue to satisfy its cash
        requirements for at least the next twelve months.
  9
 
 The
        following is a summary of the Company's cash flows provided by (used in)
        operating, investing, and financing activities for the nine months ended
        September 30, 2008, for the period from January 3, 2007 (Inception) to September
        30, 2007, and for the Cumulative period from January 3, 2007 (Inception)
        to
        September 30, 2008:
 
 Nine MonthsEndedSeptember 30,2008
              
              For the PeriodJanuary 3, 2007(Inception) toSeptember 30,2007
              
              For theCumulativePeriod fromJanuary 3, 2007(Inception) toSeptember 30,2008Net
                  Cash (Used in) Operating Activities
              
              $
              (119,029
              )
              $
              (17,918
              )
              $
              (158,201
              )Net
                  Cash (Used in) Investing Activities
              
              
              -
              
              
              -
              
              
              -Net
                  Cash Provided by Financing Activities
              
              $
              168,241
              
              $
              30,000
              
              $
              208,241Net
                  Increase in Cash and Cash Equivalents
              
              $
              49,212
              
              $
              12,082
              
              $
              50,040
 
 The
        Company has nominal assets and has generated no revenues since inception.
        The
        Company is also dependent upon the receipt of capital investment or other
        financing to fund its ongoing operations and to execute its business plan
        of
        seeking a combination with a private operating company. In addition, the
        Company
        is dependent upon certain related parties to provide continued funding and
        capital resources. If continued funding and capital resources are unavailable
        at
        reasonable terms, the Company may not be able to implement its plan of
        operations.
 
 ***Results
        of Operations***
 
 The
        Company has not conducted any active operations since inception, except for
        its
        efforts to locate suitable acquisition candidates. No revenue has been generated
        by the Company from January 3, 2007 (Inception) to September 30, 2008. It
        is
        unlikely the Company will have any revenues unless it is able to effect an
        acquisition or merger with an operating company, of which there can be no
        assurance. It is management's assertion that these circumstances may hinder
        the
        Company's ability to continue as a going concern.  The Company’s plan of
        operation for the next twelve months shall be to continue its efforts to
        locate
        suitable acquisition candidates.
 
 For
        the
        three and nine months ended September 30, 2008, the Company had a net loss
        of
        $2,234 and $17,428, respectively, consisting of legal, accounting, audit
        and
        other professional service fees incurred in relation to the filing of the
        Company’s Quarterly Report on Form 10-Q for the period ended June 30, 2008 in
        July of 2008 and Quarterly Report for the period ended March 31, 2008 in
        April
        of 2008 and Annual Report on Form 10-KSB for the year ended December 31,
        2007 in
        March of 2008.
 
 For
        each
        of the three months ended September 30, 2007 and the period from January
        3, 2007
        (Inception) to September 30, 2007, the Company had a net loss of $3,535 and
        $18,978, respectively, consisting of legal, accounting, audit and other
        professional service fees incurred in relation to the formation of the Company
        and preparation of the Company’s Registration Statement on Form 10-SB.
 
 For
        the
        cumulative period from January 3, 2007 (Inception) to September 30, 2008,
        the
        Company had a net loss of $56,600, consisting of legal, accounting, audit
        and
        other professional service fees incurred in relation to the formation of
        the
        Company, the filing of the Company’s Registration Statement on Form 10-SB in
        November of 2007 and the filing of the Company’s Annual Report on Form 10-KSB
        for the year ended December 31, 2007 in March of 2008 and Quarterly Report
        on
        Form 10-Q for the period ended June 30, 2008 in August of 2008 and Quarterly
        Report for the period ended March 31, 2008 in April of 2008.
  10
  ***Off-Balance
        Sheet Arrangements***
 
 The
        Company does not have any off-balance sheet arrangements that have or are
        reasonably likely to have a current or future effect on the Company’s financial
        condition, changes in financial condition, revenues or expenses, results
        of
        operations, liquidity, capital expenditures or capital resources that is
        material to investors. ****
 
 ***Contractual
        Obligations***
 
 As
        a
“smaller reporting company” as defined by Item 10 of Regulation S-K, the Company
        is not required to provide this information.
 
 **Item
        3. Quantitative and Qualitative Disclosures About Market
        Risk.**
 
 As
        a
“smaller reporting company” as defined by Item 10 of Regulation S-K, the Company
        is not required to provide information required by this Item.
 
 **Item
        4T. Controls and Procedures.**
 
 ***Evaluation
        of Disclosure Controls and Procedures***
 
 We
        maintain disclosure controls and procedures that are designed to ensure that
        information required to be disclosed in our reports filed pursuant to the
        Exchange Act is recorded, processed, summarized and reported within the time
        periods specified in the SEC’s rules, regulations and related forms, and that
        such information is accumulated and communicated to our principal executive
        officer and principal financial officer, as appropriate, to allow timely
        decisions regarding required disclosure.
 
 As
        of
        September 30, 2008, we carried out an evaluation, under the supervision and
        with
        the participation of our principal executive officer and our principal financial
        officer of the effectiveness of the design and operation of our disclosure
        controls and procedures. Based on this evaluation, our principal executive
        officer and our principal financial officer concluded that our disclosure
        controls and procedures were effective as of the end of the period covered
        by
        this report.
 
 ***Changes
        in Internal Controls***
 
 There
        have been no changes in our internal controls over financial reporting during
        the quarter ended September 30, 2008 that have materially affected or are
        reasonably likely to materially affect our internal controls.
 
 **PART
        II — OTHER INFORMATION**
 
 **Item
        1. Legal Proceedings.**
 
 To
        the
        best knowledge of our officers and directors, the Company is not a party
        to any
        legal proceeding or litigation.
 
 **Item
        1A. Risk Factors.**
 
 As
        a
“smaller reporting company” as defined by Item 10 of Regulation S-K, the Company
        is not required to provide information required by this Item.
  11
  **Item
        2. Unregistered Sales of Equity Securities and Use of Proceeds.**
 
 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.**
 
 (a)
        Exhibits required by Item 601 of Regulation S-K.
 
 Exhibit
              
              Description*3.1
              
              Certificate
                  of Incorporation, as filed with the Delaware Secretary of State
                  on
                  December 7, 2006.*3.2
              
              By-Laws.31.1
              
              Certification
                  of the Company’s Principal Executive Officer pursuant to Section 302 of
                  the Sarbanes-Oxley Act of 2002, with respect to the registrant’s Quarterly
                  Report on Form 10-Q for the quarter ended September 30,
                  2008.31.2
              
              Certification
                  of the Company’s Principal Financial Officer pursuant to Section 302 of
                  the Sarbanes-Oxley Act of 2002, with respect to the registrant’s Quarterly
                  Report on Form 10-Q for the quarter ended September 30,
                  2008.32.1
              
              Certification
                  of the Company’s Principal Executive Officer pursuant to 18 U.S.C. Section
                  1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley
                  Act of
                  2002.32.2
              
              Certification
                  of the Company’s Principal Financial Officer pursuant to 18 U.S.C. Section
                  1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley
                  Act of
                  2002.
 
 *
              Filed
                  as an exhibit to the Company's Registration Statement on Form 10-SB,
                  as
                  filed with the SEC on November 26, 2007, and incorporated herein
                  by this
                  reference.
  12
  **SIGNATURES**
 
 Pursuant
        to the requirements 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.
 
 Dated:
                  October 14, 2008
              **SRKP
                  15, INC.**By:
              /s/
                  Richard A. RappaportRichard
                  A. RappaportPresident
                  and DirectorPrincipal
                  Executive OfficerBy:
              /s/
                  Anthony C. PintsopoulosAnthony
                  C. PintsopoulosSecretary,
                  Chief Financial Officer and DirectorPrincipal
                  Financial Officer
  13