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UNITED STATESSECURITIES AND EXCHANGE COMMISSIONWashington, D.C.
20549

FORM 10-Q

(Mark One)

[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended March 31, 2008

[ ] 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: 0001274211

SALAMON GROUP, INC.(Exact
name of registrant as specified in its charter)

|Nevada                                                               | 93-1324674                          
|-------------------------------------------------------------------- | ------------------------------------
|(State or other jurisdiction of incorporation or
      organization) | (I.R.S. Employer Identification no.)
|                                                                     |                                     
|4080 Paradise Road #15-901, Las Vegas, Nevada, USA                   | 89169                               
|(Address of principal executive offices)                             | (Zip Code)                          

702.241.0145(Registrant's telephone number,
including area code)

302-1028 Alberni Street, Vancouver, British Columbia,
Canada, V6E 1A3(Former name, former address and former fiscal year,
if changed since last report)

Indicate by check mark whether the registrant (1) filed all
reports required to be filed by Section 13 or 15(d) of the Securities Exchange
Act of 1934 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 large accelerated filer, an accelerated filer, a non-accelerated
filer, or a smaller reporting company. See the definitions of large accelerated
filer, accelerated filer and smaller reporting company in Rule 12b-2 of the
Exchange Act.

|Larger accelerated filer                                                 | [  ] | Accelerated filer         | [  ]   
|------------------------------------------------------------------------ | ---- | ------------------------- | -------
|Non-accelerated filer(Do not check if a smaller
      reporting company) | [  ] | Smaller reporting company | **[X]**

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

Yes [ ] No [X]

Indicate the number of shares outstanding of each of the
issuers classes of common stock, as of the latest practicable date.

As of May 12, 2008, the Issuer had 16,453,978 shares of
common stock outstanding with a par value per share of $0.001.

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TABLE OF CONTENTS

|PART I.  | FINANCIAL INFORMATION                                                     | 3 
|-------- | ------------------------------------------------------------------------- | --
|         |                                                                           |   
|         | ITEM 1. FINANCIAL
      STATEMENTS                                        | 3 
|         |                                                                           |   
|         | ITEM 2. MANAGEMENTS
      DISCUSSION AND ANALYSIS OR PLAN OF OPERATION   | 10
|         |                                                                           |   
|         | ITEM 4T. CONTROLS
      AND PROCEDURES                                    | 13
|         |                                                                           |   
|PART II. | OTHER INFORMATION                                                         | 13
|         |                                                                           |   
|         | ITEM 1. LEGAL
      PROCEEDINGS                                           | 13
|         |                                                                           |   
|         | ITEM 2. UNREGISTERED
      SALES OF EQUITY SECURITIES AND USE OF PROCEEDS | 13
|         |                                                                           |   
|         | ITEM 3. DEFAULTS
      UPON SENIOR SECURITIES                             | 13
|         |                                                                           |   
|         | ITEM 4. SUBMISSIONS
      OF MATTERS TO A VOTE OF SECURITY HOLDERS        | 13
|         |                                                                           |   
|         | ITEM 5. OTHER
      INFORMATION                                           | 14
|         |                                                                           |   
|         | ITEM 6. EXHIBITS                                                          | 14
|         |                                                                           |   
|         | SIGNATURES                                                                | 14

2

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PART I - FINANCIAL INFORMATION

ITEM 1. FINANCIAL STATEMENTS.

3

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|SALAMON GROUP, INC.          
|-----------------------------
|(A Development Stage Company)
|BALANCE SHEETS               

|                                                                                      |   | March 31,   |   |   | December 31, |  
|------------------------------------------------------------------------------------- | - | ----------- | - | - | ------------ | -
|                                                                                      |   | 2008        |   |   | 2007         |  
|                                                                                      |   | (unaudited) |   |   |              |  
|ASSETS                                                                                |   |             |   |   |              |  
|Current assets:                                                                       |   |             |   |   |              |  
|Cash                                                                                  | $ | 56          |   | $ | 74           |  
|Prepaid expense                                                                       |   | 994         |   |   | 1,298        |  
|Total assets                                                                          | $ | 1,050       |   | $ | 1,372        |  
|                                                                                      |   |             |   |   |              |  
|                                                                                      |   |             |   |   |              |  
|LIABILITIES AND STOCKHOLDERS DEFICIT                                                 |   |             |   |   |              |  
|Current liabilities:                                                                  |   |             |   |   |              |  
|Accounts payable                                                                      | $ | 26,149      |   | $ | 9,493        |  
|Due to related parties                                                                |   | 48,708      |   |   | 31,460       |  
|Total
      current liabilities                                                       |   | 74,857      |   |   | 40,953       |  
|                                                                                      |   |             |   |   |              |  
|Contingencies                                                                         |   |             |   |   |              |  
|                                                                                      |   |             |   |   |              |  
|Stockholders deficit:                                                                |   |             |   |   |              |  
|Preferred stock, no par
      value; 10,000,000 shares authorized, no shares issued   |   |             |   |   |              |  
|and
      outstanding                                                                 |   | -           |   |   | -            |  
|Common stock, $0.001
      par value; 40,000,000 shares authorized, 16,122,820 shares |   |             |   |   |              |  
|issued and outstanding                                                                |   | 16,123      |   |   | 16,123       |  
|Additional paid-in
      capital                                                      |   | 656,823     |   |   | 656,823      |  
|Deficit accumulated during the
      development stage                                |   | (746,753    | ) |   | (712,527     | )
|Total stockholders deficit                                                           |   | (73,807     | ) |   | 39,581       |  
|                                                                                      |   |             |   |   |              |  
|                                                                                      | $ | 1,050       |   | $ | 1,372        |  

See Accompanying Notes

4

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|SALAMON GROUP, INC.          
|-----------------------------
|(A Development Stage Company)
|STATEMENTS OF OPERATIONS     
|(unaudited)                  

|                                    |   |                              |   |   |           |   |   | For The Period |  
|----------------------------------- | - | ---------------------------- | - | - | --------- | - | - | -------------- | -
|                                    |   |                              |   |   |           |   |   | From April 27, |  
|                                    |   |                              |   |   |           |   |   | 2001           |  
|                                    |   |                              |   |   |           |   |   | (Inception) to |  
|                                    |   | Three Months Ended March 31, |   |   | March 31, |  
|                                    |   | 2008                         |   |   | 2007      |   |   | 2008           |  
|                                    |   |                              |   |   |           |   |   |                |  
|EXPENSES:                           |   |                              |   |   |           |   |   |                |  
|General and administrative          | $ | 34,226                       |   | $ | 32,098    |   | $ | 395,920        |  
|Interest expense                    |   | -                            |   |   | -         |   |   | 35,833         |  
|Research and development            |   | -                            |   |   | -         |   |   | 315,000        |  
|                                    |   |                              |   |   |           |   |   |                |  
|Net loss                            | $ | (34,226                      | ) | $ | (32,098   | ) | $ | (746,753       | )
|                                    |   |                              |   |   |           |   |   |                |  
|                                    |   |                              |   |   |           |   |   |                |  
|Loss per share - basic and diluted  | $ | (0.00                        | ) | $ | (0.00     | ) |   |                |  
|                                    |   |                              |   |   |           |   |   |                |  
|                                    |   |                              |   |   |           |   |   |                |  
|                                    |   |                              |   |   |           |   |   |                |  
|Weighted average shares outstanding |   | 16,122,820                   |   |   | 8,962,820 |   |   |                |  

See Accompanying Notes

5

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|SALAMON GROUP, INC.          
|-----------------------------
|(A Development Stage Company)
|STATEMENTS OF CASH FLOWS     
|(unaudited)                  

|                                                                           |   | For The Three |   |   | For The Three |   |   | Accumulated From |  
|-------------------------------------------------------------------------- | - | ------------- | - | - | ------------- | - | - | ---------------- | -
|                                                                           |   | Months Ended  |   |   | Months Ended  |   |   | April 27, 2001   |  
|                                                                           |   | March 31,     |   |   | March 31,     |   |   | (Inception) to   |  
|                                                                           |   | 2008          |   |   | 2007          |   |   | March 31, 2008   |  
|                                                                           |   |               |   |   |               |   |   |                  |  
|Cash flows from operating activities:                                      |   |               |   |   |               |   |   |                  |  
|Net loss                                                                   | $ | (34,226       | ) | $ | (32,098       | ) | $ | (746,753         | )
|Adjustments to reconcile net loss to net cash
      used in                |   |               |   |   |               |   |   |                  |  
|operating
      activities:                                                |   |               |   |   |               |   |   |                  |  
|Amortization of intangible asset                                           |   | -             |   |   | -             |   |   | 55,000           |  
|Issuance of shares for patents                                             |   | -             |   |   | -             |   |   | 315,000          |  
|Beneficial conversion                                                      |   | -             |   |   | -             |   |   | 35,833           |  
|Depreciation of property and equipment                                     |   | -             |   |   | -             |   |   | 4,515            |  
|Estimated fair value of common stock issued for services                   |   | -             |   |   | -             |   |   | 46,779           |  
|Changes in operating assets and liabilities:                               |   |               |   |   |               |   |   |                  |  
|Prepaid expense                                                            |   | 305           |   |   | -             |   |   | (994             | )
|Accounts payable                                                           |   | 16,655        |   |   | 24,761        |   |   | 26,149           |  
|                                                                           |   |               |   |   |               |   |   |                  |  
|Net cash used in operating
      activities                                |   | (17,266       | ) |   | (7,337        | ) |   | (264,471         | )
|                                                                           |   |               |   |   |               |   |   |                  |  
|Cash flows from investing activities:                                      |   |               |   |   |               |   |   |                  |  
|Purchase of property and equipment                                         |   | -             |   |   | -             |   |   | (4,515           | )
|Purchase of license                                                        |   | -             |   |   | -             |   |   | (50,000          | )
|                                                                           |   |               |   |   |               |   |   |                  |  
|Net cash used in investing
      activities                                |   | -             |   |   | -             |   |   | (54,515          | )
|                                                                           |   |               |   |   |               |   |   |                  |  
|Cash flows from financing activities:                                      |   |               |   |   |               |   |   |                  |  
|Advances from related parties                                              |   | 17,248        |   |   | 7,366         |   |   | 216,042          |  
|                                                                           |   |               |   |   |               |   |   |                  |  
|Issuance of common stock for cash                                          |   | -             |   |   | -             |   |   | 103,000          |  
|                                                                           |   |               |   |   |               |   |   |                  |  
|Net cash provided by financing activities                                  |   | 17,248        |   |   | 7,366         |   |   | 319,042          |  
|                                                                           |   |               |   |   |               |   |   |                  |  
|Change in cash                                                             |   | (18           | ) |   | 29            |   |   | 56               |  
|                                                                           |   |               |   |   |               |   |   |                  |  
|Cash, beginning of period                                                  |   | 74            |   |   | 30            |   |   | -                |  
|                                                                           |   |               |   |   |               |   |   |                  |  
|Cash, end of period                                                        | $ | 56            |   | $ | 59            |   | $ | 56               |  
|                                                                           |   |               |   |   |               |   |   |                  |  
|                                                                           |   |               |   |   |               |   |   |                  |  
|Supplemental schedule of noncash investing
      and financing activities: |   |               |   |   |               |   |   |                  |  
|Estimated fair value of common stock issued upon conversion                |   |               |   |   |               |   |   |                  |  
|Of amounts due to related
      party                                      | $ | -             |   | $ |               |   | $ | 167,334          |  
|                                                                           |   |               |   |   |               |   |   |                  |  
|Estimated fair value of common stock issued
      for license              | $ | -             |   | $ | -             |   | $ | 5,000            |  

See Accompanying Notes

6

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|SALAMON GROUP,
      INC.    
|-----------------------------
|(A Development Stage Company)
|                             
|NOTES TO FINANCIAL STATEMENTS

|1. | Nature of Operations and Continuance of
        Business                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         
|-- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
|   | Salamon Group, Inc. (the "Company")
        was incorporated in the state of Nevada on April 27, 2001 (Inception).
        The Company is a development stage company whose principal business plan
        is to seek earnings by exploiting technology in the field of alternative
        energy sources, which technology includes four patents pending related
        to electrical power generation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
|   | These financial statements have been prepared
        in accordance with accounting principles generally accepted in the United
        States of America applicable to a going concern. At March 31, 2008, the
        Company has no revenues to date, has accumulated losses of $746,753 and
        a working capital deficit of $73,807 and expects to incur further losses
        in the development of its business, all of which cast substantial doubt
        about the Companys ability to continue as a going concern. Management
        plans to continue to provide for the Company's capital needs during the
        year ending December 31, 2008 by issuing debt and equity securities and
        by the continued support of its related parties (see Note 3). The financial
        statements do not include any adjustments relating to the recoverability
        and classification of recorded asset amounts or amounts and classification
        of liabilities that might be necessary should the Company be unable to
        continue in existence. There is no assurance that funding will be available
        to continue the Companys business operations.
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
|   | On July 5, 2001, the Company entered into
        a licensing agreement with Space Globe Technologies Ltd. ("Space Globe"),
        a Canadian corporation. The agreement allows the Company to use certain
        technology with respect to a power cell technology used for internal and
        external electrical applications. The sole shareholder and sole director
        of Space Globe is John Salamon who is the President and a Director of
        the Company.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
|   | In January 2005, Space Globe and the Company
        in mutual agreement replaced the license agreement with an agreement that
        was amended September 30, 2007, which transferred 100% ownership of, and
        rights to, Space Globes technology related to electrical power generation
        to the Company for no further consideration. John Salamon, the Companys
        Chief Executive Officer and majority shareholder, also assigned to Salamon
        Group a 99% interest in the rights to the patent pending.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
|   | In June 2007, Space Globe transferred to Salamon
        Group 100% ownership of rights to Space Globes technology related
        to wireless electrical power generation, including a 99% interest in three
        patent applications, for a total 4,500,000 shares of the Companys
        common stock (see Note 4).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
|   | The Company has prepared the accompanying
        financial statements in accordance with United States generally accepted
        accounting principles (GAAP) for interim financial
        information and with the instructions to Form 10-Q and Article 8 of Regulation
        S-X. Accordingly, they do not include all of the information and disclosures
        required by GAAP for annual financial statements. In the opinion of the
        Companys management, the accompanying financial statements contain
        all the adjustments necessary (consisting only of normal recurring accruals)
        to make the financial position of the Company as of March 31, 2008, the
        results of operations and cash flows for three months ended March 31,
        2008 and 2007 and for the period from Inception through March 31, 2008
        not misleading. The financial statements should be read in conjunction
        with the audited financial statements for the year ended December 31,
        2007 contained in Form 10-KSB filed on April 14, 2008 with the Securities
        and Exchange Commission (SEC).                                        
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
|2. | Summary of Significant Accounting Policies                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
|   | (a)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
|   | (b)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
|   | (c)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  

7

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|SALAMON GROUP,
      INC.    
|-----------------------------
|(A Development Stage Company)
|                             
|NOTES TO FINANCIAL STATEMENTS

| | (d) | Foreign currency transactions/balances                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         
| | --- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
| |     | Transactions in currencies other than the U.S. dollar
        are translated at the rate in effect on the transaction date. Any balance
        sheet items denominated in foreign currencies are translated into U.S.
        dollars using the rate in effect on the balance sheet date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
| |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
| | (e) | Income Taxes                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
| |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
| |     | The Company determines its income taxes under the asset
        and liability method in accordance with SFAS No. 109, "Accounting for
        Income Taxes," which requires the recognition of deferred tax assets and
        liabilities for the expected future tax consequences of events that have
        been included in the financial statements or tax returns. Under this method,
        deferred income taxes are recognized for the tax consequences in future
        years of differences between the tax bases of assets and liabilities and
        their financial reporting amounts at each year-end based on enacted tax
        laws and statutory tax rates applicable to the periods in which the differences
        are expected to affect taxable income. Valuation allowances are established,
        when necessary, to reduce deferred tax assets to the amount expected to
        be realized.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
| |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
| | (f) | Use of Estimates                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
| |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
| |     | The preparation of financial statements, in conformity
        with accounting principles generally accepted in the United States of
        America, requires management to make estimates and assumptions that affect
        the amounts reported in these financial statements and the accompanying
        notes. Actual results could differ from those estimates.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       
| |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
| | (g) | Financial Instruments                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
| |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
| |     | The fair values of cash, accounts payable, and amounts
        due to related parties approximate their carrying values due to the immediate
        or short-term maturity of these financial instruments.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
| |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
| | (h) | Issuance of Stock for Non-cash Consideration                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
| |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
| |     | All issuances of the Companys common stock for
        non-cash consideration have been assigned a dollar amount equaling either
        the market value of the shares issued or the value of consideration received
        whichever is more readily determinable. The majority of the non-cash consideration
        received pertains to services rendered by consultants and others and has
        been valued at the market value of the shares issued. In certain issuances,
        the Company may discount the value assigned to the stock issued for illiquidity
        and restrictions on resale.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             
| |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
| |     | The Companys accounting policy for equity instruments
        issued to consultants and vendors in exchange for goods and services follows
        the provisions of Emerging Issues Task Force (EITF)
        Issue No. 96-18, Accounting for Equity Instruments That are Issued
        to Other Than Employees for Acquiring, or in Conjunction with Selling,
        Goods or Services and EITF Issue No. 00-18, Accounting Recognition
        for Certain Transactions Involving Equity Instruments Granted to Other
        Than Employees. The measurement date for the fair value of
        the equity instruments issued is determined at the earlier of (i) the
        date at which a commitment for performance by the consultant or vendor
        is reached or (ii) the date at which the consultant or vendors performance
        is complete. In the case of equity instruments issued to consultants,
        the fair value of the equity instrument is recognized over the term of
        the consulting agreement.                                                                                                                                                                                                                                                                                                                                                                           
| |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
| | (i) | New Accounting Pronouncements                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
| |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
| |     | In December 2007, the FASB issued SFAS No. 141R,
      "Business Combinations." SFAS No. 141R provides companies with principles
      and requirements on how an acquirer recognizes and measures in its
      financial statements the identifiable assets acquired, liabilities
      assumed, and any noncontrolling interest in the acquiree as well as the
      recognition and measurement of goodwill acquired in a business
      combination. SFAS No. 141R also requires certain disclosures to enable
      users of the financial statements to evaluate the nature and financial
      effects of the business combination. Acquisition costs associated with the
      business combination will generally be expensed as incurred. SFAS No. 141R
      is effective for business combinations occurring in fiscal years beginning
      after December 15, 2008. Early adoption of SFAS No. 141R is not permitted.
      The Company is currently evaluating the impact SFAS No. 141R will have on
      any future business combinations.                                                                                                                                                                                                                                                                                                                                                                    
| |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
| |     | In June 2007, the FASB ratified a consensus opinion
      reached on EITF Issue No. 07-3, Accounting for Nonrefundable Advance
      Payments for Goods or Services Received for Use in Future Research and
      Development Activities.The guidance in EITF Issue No. 07-3
      requires the Company to defer and capitalize nonrefundable advance
      payments made for goods or services to be used in research and development
      activities until the goods have been delivered or the related services
      have been performed. If the goods are no longer expected to be delivered
      nor the services expected to be performed, the Company would be required
      to expense the related capitalized advance payments. The consensus in EITF
      Issue No. 07-3 is effective for fiscal years, and interim periods within
      those fiscal years, beginning after December 15, 2007 and is to be applied
      prospectively to new contracts entered into on or after December 15, 2007.
      Early adoption is not permitted. Retrospective application of EITF Issue
      No. 07-3 is also not permitted. The Company intends to adopt EITF Issue
      No. 07-3 effective January 1, 2008. The impact of applying this consensus
      will depend on the terms of the Companys future research and development
      contractual arrangements entered into on or after December 15,
  2007.
| |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
| |     | Other recent accounting pronouncements issued by the FASB
      (including the EITF) and the American Institute of Certified Public
      Accountants did not or are not believed by management to have a material
      impact on the Companys present or future financial
  statements.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     

|3. | Related Party Transactions
|-- | --------------------------
|   |                           
|   | (a)                       

8

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|SALAMON GROUP,
      INC.    
|-----------------------------
|(A Development Stage Company)
|                             
|NOTES TO FINANCIAL STATEMENTS

| | (b) | During the three months ended March 31, 2008, a director
      of the Company advanced a total of $14,248. The advances are non-interest
      bearing and due on demand. At March 31, 2008, the outstanding balance was
      $14,248.                                                                                                                
| | --- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| |     |                                                                                                                                                                                                                                                                                                                                                        
| | (c) | During the three months ended March 31, 2008, the Company
      shared office space and travel arrangements with Space Globe. During each
      of the quarters ended March 31, 2008 and 2007, the Company incurred an
      aggregate of approximately $3,000 of allocated rent and travel
    expense.                                               
| |     |                                                                                                                                                                                                                                                                                                                                                        
| | (d) | During the year ended December 31, 2007, Mr. Salamon,
      through his company, Space Globe, contributed patent applications to the
      Company in exchange for 4,500,000 shares of common stock (see Notes 1 and
      4).                                                                                                                         
| |     |                                                                                                                                                                                                                                                                                                                                                        
| | (e) | During the year ended December 31, 2007, Space Globe
      converted advances made to the Company into 2,310,000 shares of common
      stock (see Note 4).                                                                                                                                                                                            
| |     |                                                                                                                                                                                                                                                                                                                                                        
| | (f) | On July 5, 2001, the Company purchased a license related
        to certain power cell technology for cash of $50,000 and five million
        common shares of the Company valued at $5,000 from Space Globe. In addition,
        the Company agreed to pay Space Globe a royalty equal to 3% of the gross
        sales derived from the technology.

|4. | Stockholders Deficit
|-- | ---------------------
|   |                      
|   | (a)                  
|   |                      
|   | (b)                  
|   |                      
|   | (c)                  
|   |                      
|   | (d)                  
|   |                      
|   | (e)                  
|   |                      
|   | (f)                  
|   |                      
|   | (g)                  
|   |                      
|   | (h)                  
|   |                      
|   | (i)                  
|   |                      
|   | (j)                  

|5. | Contingencies
|-- | -------------
|   |              
|   | (a)          
|   |              
|   |              
|   |              
|   | (b)          
|   |              
|   |              

|6. | Subsequent Events
|-- | -----------------
|   |                  
|   | (a)              

9

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ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATION.

The following discussion of the financial condition, changes in financial condition and results of operations of Salamon Group, Inc. (hereinafter referred to as the Company, Salamon Group, we,
our or us) for the three months ended March 31, 2008 should be read in conjunction with Salamon Groups unaudited financial statements and related notes for the three months ended March 31, 2008.

Cautionary Statements Regarding Forward-Looking Statements

This Form 10-Q includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934 (the Exchange
Act), as amended. All statements, other than statements of historical facts, included in this Form 10-Q which address activities, events or developments which we expect or anticipate will or may occur in the future, including such things
as future capital expenditures (including the amount and nature thereof), business strategy, expansion and growth of our business and operations, and other such matters are forward-looking statements. These statements are based on certain
assumptions and analyses made by Salamon Group in light of our experience and our perception of historical trends, current conditions and expected future developments as well as other factors we believe are appropriate in the circumstances. However,
whether actual results or developments will conform with our expectations and predictions are subject to a number of risks and uncertainties, general economic market and business conditions; the business opportunities (or lack thereof) that may be
presented to and pursued by us; changes in laws or regulation; and other factors, most of which are beyond our control. Consequently, all of the forward-looking statements made in this Form 10-Q are qualified by these cautionary statements and there
can be no assurance that the actual results or developments anticipated by us will be realized or, even if substantially realized, that they will have the expected consequence to or effects on us or our business or operations. We assume no
obligations to update any such forward-looking statements.

Overview

We were organized under the laws of the State of Nevada on April 27, 2001. We are a developmental stage company organized by John E. Salamon. Our aim is to develop, license and/or acquire certain electrical generator
technologies, which we believe to be proprietary. Our offices are presently located at 4080 Paradise Road #15-901, Las Vegas, Nevada, USA 89169, and our telephone number is (702) 241-0145. Our Nevada registered agent is National Registered Agents,
Inc. of NV, 1100 East William Street, Suite 207, Carson City, NV 89701.

Every public issuer of stock engaged in interstate business and which has total assets exceeding $1 million and has more than 750 shareholders is required to register its securities with the Securities and Exchange
Commission under the Exchange Act. We have not reached these threshold requirements and are therefore exempt from required registration under Section 12(g) of the Exchange Act. However, we filed a Form 10-SB registration statement on a voluntary
basis in order to possibly enhance shareholder and investor confidence by way of full disclosure of our current status and financial condition. Registration may also allow us to establish a trading market on the OTC Bulletin Board. We believe that
registration may assist in securing private investment capital, which is needed to complete product testing, to establish a market for our product and to continue research and development of additional products.

Since our inception, we have been involved in organizational and fund raising activities and the licensing, subsequent acquisition and further development of certain electrical generator technology from Space Globe
Technologies Ltd., a private British Columbia, Canada corporation (Space Globe), founded and organized also by John Salamon. Space Globe was founded for the purpose of developing technologies and concepts in the field of
Alternative Energy Sources. Alternative Energy Sources are those which are not supplied by the burning of fossil fuels or the splitting of atoms. Some of the alternative energy sources include solar energy, wind power, geothermal, tides
and hydro power. Space Globe was incorporated in the Province of British Columbia, Canada in 1998 by John Salamon. It was initially established as a management/consulting company in which to develop ideas and concepts for power generation. Space
Globes primary assets consist of office equipment and investments in us. Effective June 29, 2007, in connection with our acquisition of ownership and rights to certain patents and wireless EPG technology from Space Globe, we no longer
considered ourself a shell company and our current operations are focused on developing and licensing such technologies. From 1999 to 2001 Space Globe and Mr. Salamon developed the concept and design of an Electrical Power Generator
(EPG) for home and office use and for emergency power backup situations. Mr. Salamon filed a patent application in Canada on September 4, 2001 for protection of the design of the EPG and on March 10, 2008, as requested by the
Canadian Patent Office, we filed additional information regarding this patent pending. Mr. Salamon filed a second patent application in Canada on May 12, 2006 and two more patent applications later in 2006 for the protection of designs related to
wireless EPGs.

We initially distributed to
  Mr. Salamon and White & Lee Investments, L.P., our former legal counsel,
  a total of 1,500,000 and 500,000 shares, respectively, of common stock, $0.001
  par value per share. These founders shares were issued pursuant to Section 4(2)
  of the Securities Act of 1933 (the Act).

10

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We were formed by Mr. Salamon for the purpose of pursuing his business plan of developing technologies and concepts in the field of Alternative Energy Sources in a newly established Nevada corporation. All
transactions described below between us and Space Globe were incidental to the transfer of assets to us in connection with the reorganization of these two entities under Mr. Salamons common control.

On July 5, 2001, we entered into a Technology License Agreement with Space Globe whereby we agreed to pay $50,000 cash and issued 5,000,000 shares of common stock to Space Globe as license fees for the technology
related to the EPG. The cost of the license was determined to be at an estimated cost of research and development time and materials expended by Space Globe for the development of the EPG. The 5,000,000 shares issued in connection with such
Technology License Agreement were issued pursuant to Section 4(2) of the Act at an estimated fair value of $5,000 and the cash was subsequently paid from proceeds of our private placements..

On January 10, 2005, we replaced the license agreement with Space Globe with an agreement under which Space Globe transferred 100% ownership of and rights to the EPG technology protected by the 2001 patent application
to us for no additional compensation. John Salamon, through Space Globe, also assigned all rights to the patent pending to us. On September 30, 2007, we amended the agreement with Space Globe such that John Salamon retains a 1% interest in the
patent application.

In addition to the foregoing issuances, from April 2001 through March 31, 2008, we received gross proceeds of $317,113 (including $103,000 in cash, conversion of $167,334 of amounts due to a related party,
and services valued at $47,779) from the issuance of a total of 5,622,820 shares of common stock in offerings conducted pursuant to Section 4(2) of the Act and Regulation S. These offerings were made in the Provinces of British Columbia and
Alberta, Canada.

On June 29, 2007, we entered into an assignment agreement with Space Globe whereby Space Globe transferred to us its ownership of and rights to the wireless EPG technology, including Space Globes 99% interest in
the three 2006 patent applications, in consideration for the issuance of 4,500,000 shares of common stock to Space Globe (or 1,500,000 shares for each of the three patents applications) at a value of $0.07 per share, the estimated fair value of
the shares on the date of the transaction. John Salamon, who filed the three patent applications, retains a 1% interest in the patents pending. The value of the technology was determined to be at an estimated cost of research and development time
and materials expended by Space Globe for the development of the wireless EPG. The 4,500,000 shares issued in connection with the assignment agreement were issued pursuant to Section 4(2) of the Act.

We intend to offer additional
  securities under Rule 506 and Regulation S to fund our short-term and medium-term
  expansion plans.

As of the date hereof, we have
  no other employees or customers.

Plan of Operation

Since our inception, we have been involved in organizational activities, have completed offerings of shares of common stock in which we have received gross proceeds in the amount of $103,000 from the issuance of
2,515,010 shares of common stock, have concluded the licensing and subsequent acquisition of an EPG from Space Globe, and have completed of a working model of the Power generator. For the period from inception (April 27, 2001) through March 31,
2008, we had no revenue from operations and accumulated operating expenses amounted to $746,753. We propose to compete in the alternative energy source technology market.

As reported in the Report of Independent Registered Public Accounting Firm on our December 31, 2007 financial statements, we have suffered recurring losses from operations, we have a working capital deficit and a
deficit accumulated during the development stage. These items raise substantial doubt about our ability to continue as a going concern.

We plan to generate revenues
  through the sale of manufacturing and marketing licenses on a world-wide basis.

We will also be involved in research and development activities. We will search for a private investment group to provide up to $500,000, to cover the costs of product development. All products will be licensed to
other corporations for manufacturing, thus no additional money is anticipated to be required to manufacture and/or distribute our products.

Future research and development will be focused on smaller, portable EPGs adding a solar power component as well as an electric wireless product. Mr. Salamon has a conceptual design and prototypes and will proceed with
plans when funding allows.

We are not planning to purchase
  a plant or equipment at this time but rather to enter into licensing agreements
  to manufacture and market the products.

11

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If we are unable to generate sufficient revenue from operations to implement our plans, we intend to explore all available alternatives for debt and/or equity financing, including but not limited to private and public
securities offerings. Depending upon the amount of revenue, if any, generated by us, we anticipate that it will be able to satisfy our cash requirements for the next nine to twelve months without raising funds via debt and/or equity financing or
from third party funding sources.

Accordingly, we expect that it will be necessary for us to raise additional funds in the event that we are unable to generate any revenue from operations and if only a minimal level of revenue is generated in accordance
with our expectations.

Mr. Salamon, at least initially, will be responsible for developing our business. However, at such time, if ever, as sufficient operating capital becomes available, he expects to employ additional staffing. In
addition, we expect to continuously engage in market research in order to monitor new market trends and other critical information deemed relevant to our business.

Financial Condition, Capital Resources and Liquidity

As of March 31, 2008, we have a deficit accumulated during the development stage of $746,753. At March 31, 2008, we had assets totaling $1,050 and current liabilities of $74,857 attributable to amounts due
to related parties and accounts payable. Since our inception, we have received $632,113 in cash, assets contributed and services in connection with the issuance of shares of common stock, including the conversion of $167,334 of related party
advances.

We currently have a negative working capital deficit and there can be no assurance that our financial condition will improve. We are expected to continue to have minimal working capital or a working capital deficit as a
result of our development stage.

Even though we believe, without assurance, that we will obtain sufficient capital with which to implement our business plan on a limited scale, we are not expected to continue in operation without an infusion of
capital. In order to obtain additional equity financing, we may be required to dilute the interest of existing shareholders or forego a substantial interest of our revenues, if any.

We have no potential capital resources from any outside sources at the current time. In its initial phase, we will operate out of the facility provided by Mr. Salamon.

Our ability to continue as a going concern is dependent upon our ability to attract a sufficiently large and profitable licensee base to license our electrical generator technology.

To implement such plan, also during this initial phase, we intend to initiate a self-directed private placement under Rule 506 in order to raise approximately $500,000. In the event such placement is successful, we
believe that we will have sufficient operating capital to meet the initial expansion goals and operating costs for a period of one year.

Net Operating Losses

As of March 31, 2008, we have
  a deficit accumulated during the development stage of $746,753.

Research and Development

Until we can secure a qualified licensee, all further development, testing and commercialization of the EPG will be completed by us, subject to obtaining the necessary financing. Upon securing a qualified licensee, any
further research, development and commercialization of the EPG and all related costs will be the responsibility of the licensee.

We, under the direction of Mr. Salamon, are continually researching and studying Alternative Energy Sources and plans to develop other power generation devices as capital funding becomes available.
Alternative Energy Sources are those which are not supplied by the burning of fossil fuels or the splitting of atoms. Some of the alternative energy sources include solar energy, wind power, geothermal, tides and hydro power.

We have developed a smaller,
  portable EPG utilizing similar designs and adding a solar power component. We
  have also developed prototypes of EPG products that generate power wirelessly.

Off-Balance Sheet Arrangements

We have no significant off-balance
  sheet arrangements that have or are reasonably likely to have a current or future
  effect on our financial condition, changes in financial condition, revenues
  or expenses, results of operations, liquidity, capital expenditures or capital
  resources.

12

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Material Commitments for Capital Expenditures

We had no contingencies or long-term
  commitments at March 31, 2008.

Critical Accounting Policies

There were no changes to the critical
  accounting policies as discussed in our 2007 Form 10-KSB filed in April 2008.

ITEM 4T. CONTROLS AND PROCEDURES

(a) Evaluation of Disclosure Controls and Procedures. Under the
supervision and with the participation of our management, including our Chief
Executive Officer (CEO) and our Chief Financial Officer (CFO),
we carried out an evaluation of the effectiveness of our disclosure controls and
procedures (as defined in Rule 13a-15(e) and 15d-15(e) under the Exchange Act)
as of the end of the period covered by this quarterly report (the Evaluation
Date). Based upon that evaluation, the CEO and CFO has concluded that as of
the Evaluation Date, our disclosure controls and procedures were effective in
timely alerting them to the material information relating to us (or our
consolidated subsidiaries) required to be included in our periodic filings with
the SEC, subject to the various limitations on effectiveness set forth below
under the heading, Limitations On The Effectiveness Of Internal Controls, such
that the information relating to us, required to be disclosed in Securities and
Exchange Commission (SEC) reports (i) is recorded, processed,
summarized and reported within the time periods specified in SEC rules and
forms, and (ii) is accumulated and communicated to our management, including our
CEO and CFO, as appropriate to allow timely decisions regarding required
disclosure.

(b) Changes in internal control over financial reporting. There
were no changes in our internal control over financial reporting during the
fiscal quarter ended March 31, 2008 that have materially affected, or are
reasonably likely to materially affect, our internal control over financial
reporting.

Limitations On The Effectiveness Of Internal
Controls

Our management, including the CEO and CFO, does not expect that
our disclosure controls and procedures or our internal control over financial
reporting will necessarily prevent all fraud and material error. An internal
control system, no matter how well conceived and operated, can provide only
reasonable, not absolute, assurance that the objectives of the control system
are met. Further, the design of the control system must reflect the fact that
there are resource constraints, and the benefits of controls must be considered
relative to their costs. Because of the inherent limitations in all control
systems, no evaluation of controls can provide absolute assurance that all
control issues and instances of fraud, if any, within the Company have been
detected. These inherent limitations 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 the internal control. The design of any system of controls also is
based in part upon certain assumptions about the likelihood of future events,
and there can be no assurance that any design will succeed in achieving its
stated goals under all potential future conditions. Over time, control may
become inadequate because of changes in conditions, and/or the degree of
compliance with the policies or procedures may deteriorate.

PART II - OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS

We know of no legal proceedings
to which we are a party or to which any of our property is the subject which are
pending, threatened or contemplated or any unsatisfied judgments against us.

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

No matter was submitted to a vote of our shareholders, through
  the solicitation of proxies or otherwise, during the quarter ended March 31,
  2008.

13

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ITEM 5. OTHER INFORMATION

None

ITEM 6. EXHIBITS

The following exhibits are filed with the Form 10-Q:

|3.1  | Articles of Incorporation (1)                                                                                                                                                                             
|---- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|     |                                                                                                                                                                                                           
|3.2  | Bylaws (1)                                                                                                                                                                                                
|     |                                                                                                                                                                                                           
|10.1 | Technology License Agreement between
        Space Globe and the registrant dated July 5, 2001. (1)                                                                                                       
|     |                                                                                                                                                                                                           
|10.2 | Assignment Agreement between Space Globe
        and the registrant dated January 10, 2005. (2)                                                                                                           
|     |                                                                                                                                                                                                           
|10.3 | Consulting Agreement between Alvin Mirman
        and the registrant dated September 8, 2006. (5)                                                                                                         
|     |                                                                                                                                                                                                           
|10.4 | Assignment Agreement between Space Globe,
        John Salamon and the registrant dated June 29, 2007. (3)                                                                                                
|     |                                                                                                                                                                                                           
|10.5 | Debt Settlement Agreement between Space
        Globe and the registrant dated June 29, 2007. (3)                                                                                                         
|     |                                                                                                                                                                                                           
|10.6 | Amendment dated September 30, 2007 to
        Assignment Agreement dated January 10, 2005 among Space Globe, John Salamon
        and the registrant. (4)                                                 
|     |                                                                                                                                                                                                           
|10.7 | Debt Settlement Agreement between Space
        Globe and the registrant dated November 6, 2007. (5)                                                                                                      
|     |                                                                                                                                                                                                           
|31.1 | Certification
        of Chief Executive Officer and Chief Financial Officer pursuant to Section
        302 of the Sarbanes-Oxley Act of 2002. (6)                                                       
|     |                                                                                                                                                                                                           
|32.1 | Certification
        of Chief Executive Officer and Chief Financial Officer pursuant to 18
        U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley
        Act of 2002. (6)

|(1) | Incorporated by reference to the exhibits of the
      Registration Statement on Form 10-SB filed with the Securities and
      Exchange Commission on December 12, 2003.
|--- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|(2) | Incorporated by reference to the exhibits of the
      Quarterly Report on Form 10-QSB filed with the Securities and Exchange
      Commission on January 15, 2005.      
|(3) | Incorporated by reference to the exhibits of the
      Quarterly Report on Form 10-QSB filed with the Securities and Exchange
      Commission on August 20, 2007.       
|(4) | Incorporated by reference to the exhibits of the
      Quarterly Report on Form 10-QSB filed with the Securities and Exchange
      Commission on November 6, 2007.      
|(5) | Incorporated by reference to the exhibits of the Annual
      Report on Form 10-KSB filed with the Securities and Exchange Commission on
      April 14, 2008.           
|(6) | Filed herewith.                                                                                                                                                          

SIGNATURES

In accordance with Section 13 or
15(d) of the Exchange Act, the registrant has duly caused this report to be
signed on its behalf by the undersigned duly authorized officer.

Date: May15, 2008

SALAMON GROUP, INC.

|By: | /s/ John E. Salamon             
|--- | --------------------------------
|    | John E. Salamon                 
|    | President                       
|    | (Principal Executive Officer and
|    | Principal Financial
  Officer)  

14

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