UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549  FORM 10-QSB  (Mark One)  x
        Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934  For the quarterly period ended June 30, 2005.  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 333-110324  KING CAPITAL HOLDINGS, INC. (Exact name of registrant as specified in its charter)  Florida
        16-1682307(State or other jurisdiction of
        (I.R.S. Employer Identification No.)incorporation or organization)  9387 S. Old State Road, Lewis Center, Ohio
        43035(Address of principal executive offices)
        (Zip Code)  (770) 514-2006 (Registrants telephone number, including area code)  (Former name, former address and former fiscal year, if changed since last report)  Check whether the issuer (1) has filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the preceding 12 months (or for such shorter period that the issuer was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. YesxNoo  Check whether the registrant has filed all documents and reports required to be filed by Sections 12, 13, or 15(d) of the Exchange Act subsequent to the distribution of securities under a plan confirmed by a court. YesxNoo  State the number of shares outstanding of each of the issuers classes of common equity, as of August 10, 2005: 33,101,400 shares of common stock.          KING CAPITAL HOLDINGS INC. FINANCIAL STATEMENTS  INDEX  PART I-- FINANCIAL INFORMATION  Item 1.
        Financial Statements  Item 2.
        Managements Discussion and Analysis of Financial Condition  Item 3.
        Control and Procedures  PART II-- OTHER INFORMATION  Item 1.
        Legal Proceedings  Item 2.
        Changes in Securities  Item 3.
        Defaults Upon Senior Securities  Item 4.
        Submission of Matters to a Vote of Security Holders  Item 5.
        Other Information  Item 6.
        Exhibits and Reports on Form 8-K  SIGNATURE  Item 1. Financial Information  BASIS OF PRESENTATION  The accompanying reviewed financial statements are presented in accordance with generally accepted accounting principles for interim financial information and the instructions to Form 10-QSB and item 310 under subpart A of Regulation S-B. 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, all adjustments (consisting only of normal occurring accruals) considered necessary in order to make the financial statements not misleading, have been included. Operating results for the three months ended June 30, 2005 are not necessarily indicative of results that may be expected for the year ending December 31, 2005. The financial statements are presented on the accrual basis.                 KING CAPITAL HOLDINGS, INC. AND SUBSIDIARY CONDENSED CONSOLIDATED FINANCIAL STATEMENTS AS OF JUNE 30, 2005           KING CAPITAL HOLDINGS, INC. AND SUBSIDIARY   CONTENTS   PAGE
        1
        CONDENSED CONSOLIDATED BALANCE SHEET AS OF JUNE 30, 2005 (UNAUDITED)PAGE
        2
        CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2005 AND 2004 (UNAUDITED)PAGE
        3
        CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS FOR THE SIX MONTHS ENDED JUNE 30, 2005 AND 2004 (UNAUDITED)PAGES
        4 - 5
        NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)     KING CAPITAL HOLDINGS, INC. AND SUBSIDIARY CONDENSED CONSOLIDATED BALANCE SHEET AS OF JUNE 30, 2005 (UNAUDITED)     ASSETSCURRENT ASSETSCash
        $
        74,655Accounts receivable, net
        
        12,637Prepaid expenses
        
        791Other receivables
        
        23,152Total Current Assets
        
        111,235PROPERTY AND EQUIPMENT, NET
        
        29,604TOTAL ASSETS
        $
        140,839LIABILITIES AND STOCKHOLDERS EQUITYCURRENT LIABILITIESAccounts payable and accrued expenses
        $
        27,703Income taxes payable
        
        17,108Stockholder loans
        
        1,116TOTAL CURRENT LIABILITIES
        
        45,927STOCKHOLDERS EQUITYPreferred stock, $0.001 par value, 10,000,000 shares authorized, none issued and outstanding
        
        -Common stock, $0.001 par value, 100,000,000 shares authorized, 33,101,400 shares issued and outstanding
        
        33,101Additional paid in capital
        
        (15,422)Retained earnings
        
        78,233Less subscription receivable
        
        (1,000)Total Stockholders Equity
        
        94,912TOTAL LIABILITIES AND STOCKHOLDERS EQUITY
        $
        140,839   See accompanying notes to condensed consolidated financial statements. 1     KING CAPITAL HOLDINGS, INC. AND SUBSIDIARY CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)     For The Three Months Ended June 30, 2005
        
        For The Three Months Ended June 30, 2004
        
        For The Six Months Ended June 30, 2005
        
        For The Six Months Ended June 30, 2004REVENUE
        $
        213,806
        $
        134,744
        $
        464,147
        $
        276,525OPERATING EXPENSESMortgage application costs and expenses
        
        116,653
        
        53,422
        
        209,832
        
        105,593Advertising
        
        66,605
        
        16,520
        
        113,946
        
        63,419General and administrative
        
        33,972
        
        42,127
        
        65,164
        
        77,307Total Operating Expenses
        
        217,230
        
        112,069
        
        388,942
        
        246,319INCOME (LOSS) FROM OPERATIONS
        
        (3,424)
        
        22,675
        
        75,205
        
        30,206OTHER INCOME (EXPENSE)Interest income
        
        
        
        -
        
        
        
        3Interest expense
        
        (174)
        
        -
        
        (174)
        
        -Total Other Income (Expense)
        
        (174)
        
        -
        
        (174)
        
        3Income (Loss) Before Provision for Income Taxes
        
        (3,598)
        
        22,675
        
        75,031
        
        30,209Provision for Income Taxes
        
        (4,845)
        
        3,401
        
        14,062
        
        4,531NET INCOME (LOSS)
        $
        1,247
        $
        19,274
        $
        60,969
        $
        25,678Net income (loss) per share - basic and diluted
        $
        -
        $
        -
        $
        -
        $
        -Weighted average number of shares outstanding during the period - basic and diluted
        
        33,101,400
        
        33,101,400
        
        33,101,400
        
        33,101,400   See accompanying notes to condensed consolidated financial statements. 2     KING CAPITAL HOLDINGS, INC. AND SUBSIDIARY CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)      For the Six Months Ended June 30, 2005
        
        For the Six Months Ended June 30, 2004CASH FLOWS FROM OPERATING ACTIVITIES:Net income
        $
        60,969
        $
        25,678Adjustments to reconcile net income to net cash provided by operating activities:Depreciation expense
        
        3,579
        
        3,290Changes in operating assets and liabilities:Accounts receivable
        
        (198)
        
        935Prepaid expenses
        
        292
        
        682Other receivables
        
        (23,152)Accounts payable and accrued expenses
        
        13,457
        
        (16,824)Payroll taxes payable
        
        (28,942)
        
        -Income taxes payable
        
        14,062
        
        -Net Cash Provided By Operating Activities
        
        40,067
        
        13,761CASH FLOWS FROM INVESTING ACTIVITIES:Purchase of property and equipment
        
        (5,587)
        
        -Net Cash Used In Investing Activities
        
        (5,587)
        
        -CASH FLOWS FROM FINANCING ACTIVITIES:Payment on stockholder loan
        
        (1,110)
        
        -Cash overdraft
        
        -
        
        (3,985)Net Cash Used In Financing Activities
        
        (1,110)
        
        (3,985)NET INCREASE IN CASH
        
        33,370
        
        9,776CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD
        
        41,285
        
        6,112CASH AND CASH EQUIVALENTS AT END OF PERIOD
        
        74,655
        $
        15,888  See accompanying notes to condensed consolidated financial statements. 3     KING CAPITAL HOLDINGS, INC. AND SUBSIDIARY NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS AS OF JUNE 30, 2005 (UNAUDITED)    NOTE 1
        BASIS OF PRESENTATION AND ORGANIZATION  (A) Basis of Presentation  The accompanying unaudited financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules and regulations of the Securities and Exchange Commission for interim financial information. Accordingly, they do not include all the information necessary for a comprehensive presentation of financial position and results of operations.  It is managements opinion however, that all material adjustments (consisting of normal recurring adjustments) have been made which are necessary for a fair financial statements presentation. The results for the interim period are not necessarily indicative of the results to be expected for the year.  (B) Use of Estimates  In preparing financial statements in conformity with generally accepted accounting principles, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and revenues and expenses during the reported period. Actual results could differ from those estimates.  (C) Earnings Per Share  Basic and diluted net income per common share is computed based upon the weighted average common shares outstanding as defined by Financial Accounting Standards No. 128, Earnings Per Share.  As of June 30, 2005 and 2004, there were no common share equivalents outstanding.  (D) Income Taxes  For the six months ended June 30, 2005, the Company accounts for income taxes under the Statement of Financial Accounting Standards No. 109, Accounting for Income Taxes (Statement 109). Under Statement 109, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities 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. Under Statement 109, the effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date.   4     KING CAPITAL HOLDINGS, INC. AND SUBSIDIARY NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS AS OF JUNE 30, 2005 (UNAUDITED)     NOTE 2
        RELATED PARTY TRANSACTIONS  During 2005, the Company repaid stockholder loans of $1,110. The loans are due on demand.   5          Item 2. Managements Discussion and Analysis or Plan of Operation  Overview  We are a provider of traditional mortgage services and we derive our revenues from the brokering of mortgage loans. We charge a fixed processing fee, a credit report fee, a brokerage fee, and an origination fee. We recognize revenues when the loan is closed, at which time we are paid by the lender.  Results of Operations  For the Three Months Ended June 30, 2005 and 2004  Gross  revenues  increased  from  $134,744 for the three month period ended
June 30,  2004 to  $213,806  for the three  months  period  ended  June 30,
2005,  an increase of  $79,062.  These  revenues  were  generated  from our
brokering  of  mortgage  loans.  We are  not  aware  of any  known  trends,
events,  demands,  commitments  or  uncertainties  in our industry that are
reasonably  likely  to have a  material  impact  on our  present  or future
financial condition or operating  performance.  The increase in revenues is
due  to  a  significant  increase  in  marketing  and  advertising  of  our
services as well as maintaining  relationships  with and providing  support
to,  existing  and  new  customers.  There  can be no  assurance  that  our
revenues  will  increase  in  the  future.  Accordingly,   our  ability  to
maintain  or  increase  revenues  will  depend in part upon our  ability to
market and  advertise  our  services  to  attract  new  customers.  Our net
income  from  operations  for the three month  period  ending June 30, 2004
was $22,675 as compared to net income from  operations  for the three month
period ending June 30, 2005 of ($3,424).  Selling,  general and  administrative  expenses  decreased from $42,127 for
the three  month  period  ending  June 30,  2004 to  $33,972  for the three
month  period  ending June 30, 2005.  These  expenses  represent  our total
operating   expenses  during  this  period.   The  decrease  in  our  total
operating  expenses  was due to the payroll  expense and other cost cutting
by management.  Mortgage  expense and application  cost expense was $53,422
and   $116,653  for  the  three  months  ended  June  30,  2004  and  2005,
respectively  an increase of $63,231.  The increase was due to the increase
in revenue.  Advertising  expenses  were  $66,605 and $16,520 for the three
months  ended June 30, 2005 and 2004,  respectively  an increase of $50,085
in additional  advertising  costs which increased our sales during the same
period.  For the Six Months Ended June 30, 2005 and 2004 Gross revenues increased from
$276,525 for the six month period ended June 30, 2004 to $464,147 for the six months
period ended June 30, 2005, an increase of $187,622. These revenues were generated from
our brokering of mortgage loans. We are not aware of any known trends, events, demands,
commitments or uncertainties in our industry that are reasonably likely to have a material
impact on our present or future financial condition or operating performance. The increase
in revenues is due to a significant increase in marketing and advertising of our services
as well as maintaining relationships with and providing support to, existing and new
customers. There can be no assurance that our revenues will increase in the future.
Accordingly, our ability to maintain or increase revenues will depend in part upon our
ability to market and advertise our services to attract new customers. Our net income from
operations for the six month period ending June 30, 2004 was $30,206 as compared to net
income from operations for the six month period ending June 30, 2005 of 75,205. Selling, general and administrative
expenses decreased from $77,307 for the six month period ending June 30, 2004 to $65,164
for the six month period ending June 30, 2005. These expenses represent our total
operating expenses during this period. The decrease in our total operating expenses was
due to the payroll expense and other cost cutting by management. Mortgage expense and
application cost expense was $105,593 and $209,832 for the six months ended June 30, 2004
and 2005, respectively an increase of $104,239. The increase was due to the increase in
revenue. Advertising expenses were $113,946 and $63,419 for the six months ended June 30,
2005 and 2004, respectively an increase of $50,527 in additional advertising costs which
increased our sales during the same period.      Capital Resources and Liquidity.  As  of  June  30,   2005,   we  had  $74,655  in  cash.   Our  general  and
administrative  is expected to average  approximately  $5,000 per month for
the next 12  months  based  upon our  projected  operating  budget.  We can
currently  satisfy  more  than one  year of  operations  without  receiving
additional funds from Mr. King or additional investors.  Our  operating  activities  provided  cash of  $40,067  in the  six  months
ending June 30,  2005,  whereas in the six months  ending June 30, 2004 our
operating  activities  provided  cash of $13,761.  As of June 30, 2005,  we
had total  current  assets of $111,235  including  cash of  $74,655.  As of
June 30, 2005, our total current liabilities amounted to $45,927.  Critical Accounting Policies  King Capitals financial statements and related public financial information are based on the application of accounting principles generally accepted in the United States (GAAP). GAAP requires the use of estimates; assumptions, judgments and subjective interpretations of accounting principles that have an impact on the assets, liabilities, revenue and expense amounts reported. These estimates can also affect supplemental information contained in our external disclosures including information regarding contingencies, risk and financial condition. We believe our use if estimates and underlying accounting assumptions adhere to GAAP and are consistently and conservatively applied. We base our estimates on historical experience and on various other assumptions that we believe to be reasonable under the circumstances. Actual results may differ materially from these estimates under different
assumptions or conditions. We continue to monitor significant estimates made during the preparation of our financial statements.  Our significant accounting policies are summarized in Note 1 of our financial statements. While all these significant accounting policies impact its financial condition and results of operations, King Capital views certain of these policies as critical. Policies determined to be critical are those policies that have the most significant impact on King Capitals consolidated financial statements and require management to use a greater degree of judgment and estimates. Actual results may differ from those estimates. Our management believes that given current facts and circumstances, it is unlikely that applying any other reasonable judgments or estimate methodologies would cause effect on our consolidated results of operations, financial position or liquidity for the periods presented in this report.  Item 3. Controls and Procedures  (a)
        Evaluation of disclosure controls and procedures.  Our Chief Executive Officer and Chief Financial Officer (collectively the Certifying Officers) maintain a system of disclosure controls and procedures that is designed to provide reasonable assurance that information, which is required to be disclosed, is accumulated and communicated to management timely. Under the supervision and with the participation of management, the Certifying Officers evaluated the effectiveness of the design and operation of our disclosure controls and procedures (as defined in Rule [13a-14(c)/15d-14(c)]under the Exchange Act) within 90 days prior to the filing date of this report. Based upon that evaluation, the Certifying Officers concluded that our disclosure controls and procedures are effective in timely alerting them to material information relative to our company required to be disclosed in our periodic filings with the SEC.  (b)
        Changes in internal controls.  Our Certifying Officer has indicated that there were no significant changes in our internal controls or other factors that could significantly affect such controls subsequent to the date of his evaluation, and there were no such control actions with regard to significant deficiencies and material weaknesses.      PART II - OTHER INFORMATION  Item 1. Legal Proceedings.  The Company is currently not a party to any pending legal proceedings and no such action by, or to the best of its knowledge, against the Company has been threatened.  Item 2. Changes in Securities.  None  Item 3. Defaults Upon Senior Securities.  None  Item 4. Submission of Matters to a Vote of Security Holders.  No matter was submitted during the quarter ending June 30, 2005, covered by this report to a vote of the Companys shareholders, through the solicitation of proxies or otherwise.  Item 5. Other Information.  None  Item 6. Exhibits and Reports of Form 8-K.  (a)
        Exhibits  31.1 Certification pursuant to Section 302 of Sarbanes Oxley Act of 2002  32.1 Certification pursuant to Section 906 of Sarbanes Oxley Act of 2002  (b)
        Reports of Form 8-K  None   SIGNATURES  In accordance with Section 13 or 15(d) of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, there unto duly authorized.  KING CAPITAL HOLDINGS, INC.Registrant   Date: August 11, 2005
        By:/s/ Sean KingSean KingPresident, Chief Executive Officer,Chief Financial Officer andChief Accounting Officer