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


                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                   FORM 10-QSB

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

          For the quarterly period ended September 30, 2007.

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

          For the transition period _____________ to ______________.


                        Commission File Number 333-146441

                               STARTALE GROUP INC.
        -----------------------------------------------------------------
        (Exact name of small business issuer as specified in its charter)

            Nevada                                        Pending
--------------------------------            ------------------------------------
(State or other jurisdiction of             (IRS Employer Identification Number)
 incorporation or organization)

                          4320 Winfield Road, Suite 200
                           Warrenville, Illinois 60555
                    ----------------------------------------
                    (Address of principal executive offices)

                                 (630) 836-8710
                           ---------------------------
                           (Issuer's telephone number)


                                      None
    ------------------------------------------------------------------------
   (Former name, former address and former fiscal year, if changed since last
                                    report)


Check  whether the issuer (1) filed all  reports required to be filed by Section
13 or 15(d) of the  Exchange  Act during the past 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 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

Check whether the  registrant  filed all  documents  and reports  required to be
filed by Section l2, 13 or 15(d) of the Exchange Act after the  distribution  of
securities under a plan confirmed by a court.
                                                                Yes    No X

<page>

                      APPLICABLE ONLY TO CORPORATE ISSUERS

State the number of shares outstanding of each of the issuer's classes of common
equity, as of the latest practicable date: 10,500,000 Shares of $0.001 par value
Common Stock outstanding as of November 12, 2007.

Transitional Small Business Disclosure Format (Check one):
                                                                Yes    No X



































<page>



                               STARTALE GROUP INC.

                          (A Development Stage Company)

                              FINANCIAL STATEMENTS

                               September 30, 2007

                                   (Unaudited)













<page>


                               STARTALE GROUP INC.
                          (A Development Stage Company)
                                  BALANCE SHEET
<table>
<caption>
                                                                              September 30,         June 30,
                                                                                   2007               2007
                                                                                   ----               ----
                                                                               (Unaudited)          (Audited)
                                                    ASSETS
                                                    ------

                                                                             <c>                <c>
Current assets
    Cash                                                                    $         35,079    $         11,293
                                                                                ------------         -----------
       Total current assets                                                           35,079              11,293
                                                                                ------------         -----------
    Property and equipment, net                                                        1,622                   -
    Security deposit                                                                     225                   -
                                                                                ------------         -----------
Total Assets                                                                 $        36,926     $        11,293
                                                                                ============         ===========

                                       LIABILITIES & STOCKHOLDERS' EQUITY
                                       ----------------------------------
Current liabilities
   Accounts payable and accrued liabilities                                  $         3,133     $         3,000
   Due to related parties                                                              6,406               3,886
   Loan payable - related parties                                                     10,180              10,018
                                                                                ------------         -----------
         Total current liabilities                                                    19,719              16,904

 Total Liabilities                                                                    19,719              16,904
                                                                                ------------         -----------

Stockholders' Equity
   Capital stock
       75,000,000 shares authorized, $0.001 par value
       10,500,000 shares issued and outstanding
         (June 30, 2007 - 5,000,000)                                                  10,500               5,000
   Additional paid in capital                                                         31,500                   -
   Deficit accumulated during the development stage                             (     24,793)       (     10,611)
                                                                                ------------         ------------
Total Stockholders' Equity                                                            17,207        (      5,611)
                                                                                ------------         ------------
Total Liabilities and Stockholders's Equity                                  $        36,926     $        11,293
                                                                                ============         ============
</table>


    The accompanying notes are an integral part of these financial statements

<page>

                               STARTALE GROUP INC.
                          (A Development Stage Company)
                             STATEMENT OF OPERATIONS
                                   (Unaudited)

<table>
<caption>
                                                                               Three months          February 22, 2007
                                                                                  Ended             (Inception) through
                                                                              September 30,            September 30,
                                                                                   2007                    2007
                                                                                   ----                    ----

                                                                         <c>                       <c>
Revenue                                                                  $                        $
                                                                                           -                        -
                                                                                -------------           --------------
Expenses:
   Accounting and audit fees                                             $              1,750     $              4,750
   General and Administrative                                                           4,041                    5,841
   Legal                                                                                2,700                    2,700
   Management                                                                           1,500                    3,500
   Organization costs                                                                       -                      981
   Product development                                                                  2,000                    2,000
   Travel                                                                               2,028                    4,840
                                                                                -------------            --------------
                                                                                       14,019                   24,612
                                                                                -------------            --------------
Loss from operations                                                         (         14,019)        (         24,612)

Other income (expense)
   Interest expense                                                                      (163)                    (181)
                                                                                -------------             -------------
Income (loss) before provision for income tax                                (         14,182)        (         24,793)

Provision for income tax
                                                                                       -                        -
                                                                                -------------             -------------
Net income (loss)                                                        $   (         14,182)    $   (         24,793)
                                                                                =============             =============
Net income (loss) per share                                              $   (          0.01)
                                                                                =============
Weighted average number of common shares outstanding                                7,914,674
                                                                                =============
</table>

    The accompanying notes are an integral part of these financial statements

<page>

                               STARTALE GROUP INC.
                          (A Development Stage Company)
                             STATEMENT OF CASH FLOWS
                                   (Unaudited)
<table>
<caption>
                                                                            Three months         February 22, 2007
                                                                               Ended            (Inception) through
                                                                           September 30,           September 30,
                                                                                2007                   2007
                                                                                ----                   ----

                                                                         <c>                  <c>
Cash Flows From Operating Activities:
   Net income (loss)                                                    $  (        14,182)  $  (        24,793)

   Adjustment to reconcile net income to net cash
   provided by (used  for) operating activities:
     Security deposit                                                      (            225)    (           225)
     Accounts payable and accrued liabilities                                           133                3,133
     Accounts payable related parties                                                 2,520                6,406
                                                                                -----------          -----------
          Net cash provided by (used for) operating
          activities                                                       (        11,754)     (        15,479)
                                                                                -----------          -----------
Cash Flows From Investing  Activities:
   Purchase of fixed assets                                                (         1,622)     (         1,622)
                                                                                -----------          -----------
          Net cash provided by (used for) investing                        (         1,622)     (         1,622)
            activities                                                          -----------          -----------
</table>






                          (Continued On Following Page)


    The accompanying notes are an integral part of these financial statements

<page>


                               STARTALE GROUP INC.
                          (A Development Stage Company)
                             STATEMENT OF CASH FLOWS
                                   (Unaudited)
<table>
<caption>
                                                                            Three months         February 22, 2007
                                                                               Ended            (Inception) through
                                                                           September 30,           September 30,
                                                                                2007                   2007
                                                                                ----                   ----

                                                                         <c>                   <c>
Cash Flows From Financing Activities:
   Loan payable - related party                                                        162               10,180
   Proceeds from issuance of common stock                                           37,000               42,000
                                                                                ----------           ----------
          Net cash provided by (used for) financing                                 37,162               52,180
            activities
                                                                                ----------           -----------

Net Increase (Decrease) In Cash                                                     23,786               35,079

Cash At The Beginning Of The Period                                                 11,293                    -
                                                                                ----------           -----------
Cash At The End Of The Period                                           $           35,079   $           35,079
                                                                                ==========           ===========

Schedule Of Non-Cash Investing And Financing
Activities

None

Supplemental Disclosure

  Cash paid for:
       Interest                                                         $                -   $                -
                                                                                ==========          ===========
       Income Taxes                                                     $                -   $                -
                                                                                ==========          ===========
</table>

    The accompanying notes are an integral part of these financial statements

<page>

                               STARTALE GROUP INC.
                          (A Development Stage Company)
                        STATEMENT OF STOCKHOLDERS' EQUITY
            February 22, 2007 (Inception) Through September 30, 2007
                                   (Unaudited)
<table>
<caption>
                                                                                                      Deficit
                                                                                                      Accumulated
                                                                                                      During the
                                                           Common Shares               Paid In        Development
                                                           -------------
                                                       Number         Par Value        Capital           Stage           Total
                                                       ------         ---------        -------           -----           -----

                                                <c>            <c>             <c>              <c>             <c>
Balances, February 22, 2007                                   -   $            -  $            -   $            -  $            -

Issued for cash:
Common stock June, 2006 - at $0.001                   5,000,000            5,000               -                -           5,000
Net gain (loss) for the period ended June 30, 2007            -                -               -      (    10,611)    (    10,611)
                                                     ----------      -----------       ---------        ---------        ---------
Balances, June 30, 2007                               5,000,000            5,000               -      (    10,611)    (     5,611)

Issued for cash:
Common stock August, 2007 - at $0.001                 1,000,000            1,000               -                -           1,000
Common stock August, 2007 - at $0.008                 4,500,000            4,500          31,500                -          36,000
Net gain (loss) for the period ended June 30, 2007            -                -               -      (    14,182)    (    14,182)
                                                     ----------      -----------       ---------        ----------       ---------
Balances, September 30, 2007                         10,500,000   $       10,500  $       31,500   $  (    24,793) $       17,207
                                                     ==========      ===========      ==========       ===========       =========
</table>

    The accompanying notes are an integral part of these financial statements

<page>


                               STARTALE GROUP INC.
                          (A Development Stage Company)
                        NOTES TO THE FINANCIAL STATEMENTS
                               September 30, 2007
                                   (Unaudited)

Note 1        Nature and Continuance of Operations

              Organization
              ------------
              The Company was incorporated in the State of Nevada, United States
              of America on  February  22,  2007 and its fiscal year end is June
              30.  The  Company  is  engaged  in  the  design,  manufacture  and
              distribution  of lifestyle  inspired  apparel,  which will be sold
              through a network of wholesale accounts and retail outlets.

              Going Concern
              -------------
              These  financial  statements have been prepared on a going concern
              basis.  The  Company  has a working  capital of  $15,360,  and has
              accumulated  deficit of $24,793  since  inception.  Its ability to
              continue as a going  concern is dependent  upon the ability of the
              Company to generate profitable  operations in the future and/or to
              obtain the necessary  financing to meet its  obligations and repay
              its liabilities  arising from normal business operations when they
              come due. The outcome of these  matters  cannot be predicted  with
              any certainty at this time. These factors raise  substantial doubt
              that the company will be able to continue as a going concern.  The
              Company to date has  funded its  initial  operations  through  the
              issuance of  10,500,000  shares of capital  stock for  proceeds of
              $42,000  and  loans  from  director  in  the  amount  of  $10,000.
              Management  plans to continue to provide for its capital  needs by
              the issuance of common  stock and related  party  advances.  These
              financial statements do not include any adjustments to the amounts
              and classification of assets and liabilities that may be necessary
              should the Company be unable to continue as a going concern.

              Unaudited Interim Financial Statements
              --------------------------------------
              The accompanying  unaudited interim financial statements have been
              prepared in  accordance  with  United  States  generally  accepted
              accounting  principles for interim financial  information and with
              the  instructions  to  Form  10-QSB  of  Regulation  S-B.  Certain
              information  and  footnote   disclosures   normally   included  in
              financial   statements  prepared  in  accordance  with  accounting
              principles generally accepted in the United States of America have
              been condensed or omitted  pursuant to such rules and regulations.
              However,  except as disclosed herein,  there have been no material
              changes in the information disclosed in the notes to the financial
              statements  for the year  ended  June  30,  2007  included  in the
              Company's SB-2 filed with the Securities and Exchange  Commission.
              The  interim  unaudited  financial  statements  should  be read in
              conjunction with those financial  statements  included in the Form
              SB-2. In the opinion of  Management,  all  adjustments  considered
              necessary  for a fair  presentation,  consisting  solely of normal
              recurring  adjustments,  have been made. Operating results for the
              three  months  ended   September  30,  2007  are  not  necessarily
              indicative of the results that may be expected for the year ending
              June 30, 2008.

Note 2        Summary of Significant Accounting Policies
              ------------------------------------------
              The  financial  statements  of the Company  have been  prepared in
              accordance with generally  accepted  accounting  principles in the
              United States of America.  Because a precise determination of many
              assets and  liabilities  is  dependent  upon  future  events,  the
              preparation

<page>

Startale Group Inc.
(A Development Stage Company)
Notes to the Financial Statements
September 30, 2007
(Unaudited)  - Page 2

Note 2        Summary of Significant Accounting Policies - (cont'd)
              ------------------------------------------

               of financial statements for a period necessarily involves the use
              of estimates which have been made using careful judgement.  Actual
              results may vary from these estimates.

              The financial  statements  have,  in  management's  opinion,  been
              properly  prepared  within  reasonable  limits of materiality  and
              within  the  framework  of  the  significant  accounting  policies
              summarized below:

              Development Stage Company
              -------------------------

              The Company  complies with  Financial  Accounting  Standard  Board
              Statement ("FAS") No. 7 and The Securities and Exchange Commission
              Act Guide 7 for its characterization of the Company as development
              stage.

              Revenue Recognition
              -------------------

              Sales are  recognized  when revenue is realized or realizable  and
              has been earned. The Company's policy is to recognize revenue when
              risk of loss and title to the product  transfers to the  customer.
              Net sales is comprised of gross  revenues less  expected  returns,
              trade  discounts  and customer  allowances,  which  include  costs
              associated with off-invoice mark-downs and other price reductions,
              as well as trade promotions and coupons. These incentive costs are
              recognized  at  the  later  of  the  date  on  which  the  Company
              recognizes  the  related  revenue or the date on which the Company
              offers the incentive.

              Impairment of Long-lived Assets
              -------------------------------

              Capital assets are reviewed for impairment in accordance  with FAS
              No. 144,  "Accounting for the Impairment or Disposal of Long-lived
              Assets",  which was adopted  effective  January 1, 2002. Under FAS
              No.  144,  these  assets are tested  for  recoverability  whenever
              events or changes in  circumstances  indicate that their  carrying
              amounts may not be recoverable. An impairment charge is recognized
              for the  amount,  if any,  which the  carrying  value of the asset
              exceeds the fair value.

              Research and Development
              ------------------------

              Research and development expenditures are expensed as incurred.

              Foreign Currency Translation
              ----------------------------

              The financial  statements are presented in United States dollars.
              In accordance with Statement of Financial Accounting Standards No.
              52, "Foreign Currency  Translation", since the functional currency
              of the Company is U.S.  dollars,  the foreign  currency  financial
              statements of the Company's subsidiaries are re-measured into U.S.
              dollars.  Monetary assets and  liabilities are re-measured  using
              the foreign  exchange rate that prevailed at the balance sheet
              date.  Revenue and expenses are translated at weighted average
              rates of exchange

<page>

Startale Group Inc.
(A Development Stage Company)
Notes to the Financial Statements
September 30, 2007
(Unaudited)  - Page 3

Note 2        Summary of Significant Accounting Policies - (cont'd)
              ------------------------------------------

              Foreign Currency Translation - (cont'd)
              ----------------------------

              during the year and stockholders' equity accounts and furniture
              and equipment are translated by using historical exchange rates.
              Any re-measurement gain or loss incurred is reported in the income
              statement.

              Net Loss per Share
              ------------------

              Basic loss per share  includes  no  dilution  and is  computed  by
              dividing  loss  available to common  stockholders  by the weighted
              average  number  of  common  shares  outstanding  for the  period.
              Dilutive  losses per share  reflects  the  potential  dilution  of
              securities that could share in the losses of the Company.  Because
              the Company does not have any potentially dilutive securities, the
              accompanying presentation is only of basic loss per share.

              Stock-based Compensation
              ------------------------

              The  Company  has not  adopted  a stock  option  plan  and has not
              granted any stock options. Accordingly no stock-based compensation
              has been recorded to date.

              Income Taxes
              ------------

              The Company uses the asset and liability  method of accounting for
              income taxes in accordance with FAS No. 109 "Accounting for Income
              Taxes". Under this method, deferred tax assets and liabilities are
              recognized  for  the  future  tax  consequences   attributable  to
              temporary  differences  between the financial  statements carrying
              amounts of existing assets and liabilities and loss  carryforwards
              and  their   respective   tax  bases.   Deferred  tax  assets  and
              liabilities are measured using enacted tax rates expected to apply
              to  taxable   income  in  the  years  in  which  those   temporary
              differences are expected to be recovered or settled.

              Fair Value of Financial Instruments
              -----------------------------------
              The  carrying  value  of  the  Company's   financial   instruments
              consisting  of cash,  accounts  payable and  accrued  liabilities,
              agreement  payable  and due to  related  party  approximate  their
              carrying value due to the short-term maturity of such instruments.
              Unless  otherwise  noted,  it is  management's  opinion  that  the
              Company is not exposed to significant interest, currency or credit
              risks arising from these financial instruments.

              Recent Accounting Pronouncements
              ---------------------------------
              In  September  2006,  the FASB issued  SFAS No.  157,  "Fair Value
              Measures".  This  Statement  defines  fair  value,  establishes  a
              framework   for  measuring   fair  value  in  generally   accepted
              accounting principles (GAAP), expands disclosures about fair value
              measurements,  and applies under other  accounting  pronouncements
              that require or permit fair value measurements.  SFAS No. 157 does
              not require  any new fair value  measurements.  However,  the FASB
              anticipates  that for some entities,  the  application of SFAS No.
              157 will change  current  practice.  SFAS No. 157 is effective for
              financial statements issued for fiscal years
<page>

Startale Group Inc.
(A Development Stage Company)
Notes to the Financial Statements
September 30, 2007
(Unaudited)  - Page 4

Note 2        Summary of Significant Accounting Policies - (cont'd)
              ------------------------------------------

             Recent Accounting Pronouncements - (cont'd)
             ---------------------------------

              beginning after November 15, 2007,  which for the Company would be
              the  fiscal  year  beginning  February  1,  2008.  The  Company is
              currently  evaluating  the  impact  of SFAS  No.  157 but does not
              expect  that it  will  have a  material  impact  on its  financial
              statements.

              In  September  2006,  the FASB issued  SFAS No.  158,  "Employers'
              Accounting for Defined  Benefit  Pension and Other  Postretirement
              Plans." This Statement  requires an employer to recognize the over
              funded or under funded status of a defined benefit post retirement
              plan (other than a multiemployer plan) as an asset or liability in
              its statement of financial  position,  and to recognize changes in
              that funded  status in the year in which the changes occur through
              comprehensive  income.  SFAS No. 158 is effective for fiscal years
              ending  after  December  15, 2006 which for the  Company  would be
              February  1,  2007.   The   Company   does  not  expect  that  the
              implementation  of SFAS No. 158 will have any  material  impact on
              its financial position and results of operations.

              In  September  2006,  the SEC  issued  Staff  Accounting  Bulletin
              ("SAB")   No.  108,   "Considering   the  Effects  of  Prior  Year
              Misstatements  when  Quantifying  Misstatements  in  Current  Year
              Financial  Statements."  SAB No. 108  addresses how the effects of
              prior year  uncorrected  misstatements  should be considered  when
              quantifying  misstatements  in current year financial  statements.
              SAB No. 108 requires companies to quantify  misstatements  using a
              balance  sheet  and  income  statement  approach  and to  evaluate
              whether  either  approach  results in quantifying an error that is
              material  in  light  of  relevant   quantitative  and  qualitative
              factors.  SAB  No.  108 is  effective  for  periods  ending  after
              November 15, 2006 which for the Company would be February 1, 2007.
              The Company is currently evaluating the impact of adopting SAB No.
              108 but does not expect that it will have a material effect on its
              financial statements.

              In February  2007,  the FASB issued SFAS No. 159,  "The Fair Value
              Option for  Financial  Assets  and  Financial  Liabilities".  This
              Statement  permits  entities to choose to measure  many  financial
              assets and financial  liabilities at fair value.  Unrealized gains
              and  losses  on items for which  the fair  value  option  has been
              elected are  reported in earnings.  SFAS No. 159 is effective  for
              fiscal years  beginning  after  November 15, 2007.  The Company is
              currently  assessing  the impact of SFAS No. 159 on its  financial
              position and results of operations.

<page>

Startale Group Inc.
(A Development Stage Company)
Notes to the Financial Statements
September 30, 2007
(Unaudited)  - Page 5

Note 3        Capital Stock
              -------------

              The total number of common shares authorized that may be issued by
              the Company is 75,000,000  shares with a par value of one tenth of
              one cent  ($0.001)  per  share  and no other  class of  shares  is
              authorized.

              During the period from February 22, 2007  (inception)  to June 30,
              2007, the Company issued  5,000,000  shares of common stock to its
              directors for total proceeds of $5,000.

              During the three months  ended  September  30,  2007,  the Company
               issued:
               - 1,000,000 common shares at $0.001 per share to its director for
               proceeds of $1,000;  and - 4,500,000  common shares at $0.008 per
               share for proceeds of $36,000.

              To  September  30,  2007,  the  Company  has not granted any stock
              options and has not recorded any stock-based compensation.

Note 4        Related Party Transactions
              --------------------------

             a)   The President of the Company provides  management  services to
                  the  Company  at $500  per  month.  During  the  period  ended
                  September  30, 2007  management  services of $1,500  (June 30,
                  2007 - $2,000) were charged to operations. As at September 30,
                  2007,  the Company owed $3,500 to the President of the Company
                  for management services.

              b)  During the period  ended June 30, 2007,  the  President of the
                  Company  provided  a  $10,000  loan to the  Company.  The loan
                  payable is unsecured,  bears interest at 6.45% per annum,  and
                  consists of $10,000 of  principal  due on June 20,  2008,  and
                  $180 of accrued interest payable.

              c)  As at September  30,  2007,  the Company owed $2,906 (June 30,
                  2007 - $1,886) to the  President  of the Company for  expenses
                  incurred on behalf of the Company.


<page>

Forward-Looking Statements
--------------------------

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

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

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

Item 2. Plan of Operation

For the next twelve months we intend to accomplish the following:

Complete packaging design for outerwear and underwear collections. We anticipate
that the  completion of the first design samples will take  approximately  three
months and will cost us from $7,000 to $10,000.  As of the day of this quarterly
report we have paid $1,000 towards completion of our packaging design.

 Develop and approve  initial  pattern  drawings,  approve  fabric  samples.  We
anticipate  to  spend  approximately  $10,000  on  this  stage  of  our  product
development.

Complete manufacturing of our first order of outerwear and underwear. We plan to
place our first order with an independent manufacturer for t-shirts, panties and
boxers. It will take  approximately two months to complete the initial order. We
anticipate  the  total  cost of goods of our  initial  order in the  range  from
$15,000 to $20,000.

Develop the marketing plan for our line of apparel.  We anticipate  that it will
involve a three-tier  strategy of intra-industry  promotion,  direct-to-consumer
promotion  and several major  mass-media  targeted  campaigns.  We will begin to
market   Mol-e-Kula   brand  in  North   America   through   various   channels.
Intra-industry  promotion  will begin with  pre-show  promotion  of the Startale
exhibit  at the Las Vegas  International  Lingerie  Show,  which will be held in
April of 2008.  We believe it will cost a minimum of $5,000 for execution of the
marketing plan over the next 12 months.

In addition we expect to spend  approximately  $10,000 on professional  services
over the next  twelve  months.  Total  expenditures  over the next 12 months are
therefore expected to be $65,000.

We  anticipate  that  additional  funding will be required in the form of equity
financing  from  the  sale of our  common  stock.  However,  we  cannot  provide
investors  with any assurance that we will be able to raise  sufficient  funding
from the sale of our common stock to fund our marketing plan and operations.  We
believe that debt financing will not be an alternative for funding the marketing
plan. We do not have any arrangements in place for any future equity financing.

Results of Operations For Period Ending September 30, 2007
----------------------------------------------------------

We did not earn any revenues during the three-month  period ending September 30,
2007. During the period ended September 30, 2007, we incurred operating expenses
in the amount of $14,182.  These operating expenses were comprised of accounting
and audit fees of $1,750,  general and administrative  expenses of $4,041, legal
fees of $2,700,  management fees of $1,500, product development costs of $2,000,
travel expenses of $2,028 and interest expense of $163.

<page>

As at  September  30,  2007,  the  Company  had assets  totalling  $36,926,  and
liabilities totalling $19,719 for a working capital of $15,360.

During the period ended June 30, 2007,  the President of the Company  provided a
$10,000 loan to the Company.  The loan payable is unsecured,  bears  interest at
6.45% per annum,  and consists of $10,000 of principal due on June 20, 2008, and
$180 of accrued interest payable as of September 30, 2007.

On October 12,  2007,  the  Company's  Registration  Statement  on the Form SB-2
became  effective.  To date the Company issued  4,500,000 shares of common stock
for cash  proceeds  of  $36,000  pursuant  to this  Registration  Statement.  In
addition we issued  1,000,000  common shares at $0.001 per share to its director
for proceeds of $1,000.

We have not  generated  any  revenue  since  inception  and are  dependent  upon
obtaining financing to pursue marketing and distribution  activities.  For these
reasons,  our auditors  believe that there is substantial  doubt that we will be
able to continue as a going concern.

Critical Accounting Policies
----------------------------
Our financial  statements are prepared in accordance with accounting  principles
generally  accepted  in  the  United  States  of  America.  Preparing  financial
statements in accordance with generally accepted accounting  principles requires
management to make estimates and assumptions  which affect the reported  amounts
of  assets  and  liabilities  and  the  disclosure  of  contingent   assets  and
liabilities  at the balance  sheet dates,  and the  recognition  of revenues and
expenses for the reporting periods. These estimates and assumptions are affected
by management's application of accounting policies.

Revenue Recognition
-------------------
We  recognize  revenue  from  product  sales  when the  following  four  revenue
recognition  criteria are met:  persuasive  evidence of an  arrangement  exists,
delivery has occurred or services have been rendered, the selling price is fixed
or determinable,  and  collectibility is reasonably  assured.  Product sales and
shipping revenues, net of promotional discounts, rebates, and return allowances,
are recorded when the products are shipped and title passes to customers.

Item 3 Controls and Procedures
------------------------------
Evaluation of Disclosure Controls

We evaluated the  effectiveness of our disclosure  controls and procedures as of
November 9, 2007. This evaluation was conducted by Anatoli Nem and Serge Wilson,
our chief executive officer and our principal accounting officer.

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

Limitations on the Effective of Controls

Our  management  does not expect that our  disclosure  controls or our  internal
controls over  financial  reporting  will prevent all error and fraud. A control
system, no matter how well conceived and operated,  can provide only reasonable,

<page>

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

Conclusions

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

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

Item 1. Legal Proceedings
-------------------------

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


Item 2. Changes in Securities
-----------------------------

None.

Item 3. Defaults Upon Senior Securities
---------------------------------------

None.

Item 4. Submission of Matters to a Vote of Security Holders
-----------------------------------------------------------

None.

Item 5. Other Information
-------------------------

None.

Item 6. Exhibits and Report on Form 8-K
---------------------------------------

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

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

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


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

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

SIGNATURES

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

Startale Group Inc.
                                                     /s/ Anatoli Nem
                                                     -------------------------
                                                     Anatoli Nem
                                                     President, Chief Executive
                                                     Officer, and Director
                                                     Dated: November 12, 2007

                                                     /s/ Serge Wilson
                                                     --------------------------
                                                     Serge Wilson
                                                     Chief Financial Officer,
                                                     Secretary
                                                     Treasurer, principal
                                                     accounting officer and
                                                     Director
                                                     Dated: November 12, 2007