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

                                     Form 10-QSB

(Mark One)

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

                For the quarterly period ended: March 31, 2006

[ ]   TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT

        For the transition period from   _______________ to _________________

        Commission file number:                  000-50559
                               ----------------------------------------------

                            Scientific Energy, Inc.
------------------------------------------------------------------------------
       (Exact name of small business issuer as specified in its charter)

             Utah                                     87-0680657
------------------------------------       -----------------------------------
(State or other jurisdiction                (IRS Employer Identification No.)
  of incorporation or organization)


                 27 Weldon Street, Jersey City, New Jersey 07306
------------------------------------------------------------------------------
                   (Address of principal executive offices)

                                   (917) 699-2470
------------------------------------------------------------------------------
                             Issuer's telephone number

                                       N/A
------------------------------------------------------------------------------
  (Former name, former address and former fiscal year, if changed since
                                   last report.)

                      APPLICABLE ONLY TO CORPORATE ISSUERS

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

State the number of shares outstanding of each of the issuer's classes of
common equity, as of May 18, 2006: 9,158,488 shares

Transitional Small Business Disclosure Format (check one): Yes [ ]  No[X]






                        PART I - FINANCIAL INFORMATION


Item 1.  Financial Statements


                                 SCIENTIFIC ENERGY, INC.
                              (A Development Stage Company)
                                     BALANCE SHEETS
                                      (Unaudited)
<TABLE>
<CAPTION>


                                                     March 31,       December 31,
                                                        2006             2005
                                                   ------------    -------------
<S>                                                    <C>              <C>
                                     ASSETS

Current Assets:
 Cash & Cash Equivalents                           $        577     $       543
                                                   ------------     -----------
 Total Current Assets                                       577             543
                                                   ------------     -----------

    Total Assets                                   $        577     $       543
                                                   ============     ===========



                            LIABILITIES AND STOCKHOLDERS' EQUITY

Current Liabilities:
 Accounts Payable                                   $     2,113     $     1,468
 Income Taxes Payable                                       100             100
 Note Payable - Shareholder                               6,790           3,720
                                                    -----------     -----------
   Total Current Liabilities                              9,003           5,288
                                                    -----------     -----------

STOCKHOLDERS' EQUITY
  Preferred Stock, Par value $.01,
    authorized 5,000,000 shares,
    no shares issued at March 31, 2006 and Dec.31, 2005      -                -
  Common Stock, Par value $.01,
    authorized 20,000,000 shares,
    issued 9,158,488 shares at March 31, 2006 and
     December 31, 2005                                  91,585           91,585
Paid-In Capital                                        780,581          780,581
Deficit Accumulated During the Development Stage     (880,592)        (876,911)
                                                   -----------    -------------
   Total Stockholders' Equity                          (8,426)          (4,745)
                                                   -----------    -------------

     Total Liabilities and Stockholders' Equity    $      577     $        543
                                                   ===========    ============

</TABLE>


   The accompanying notes are an integral part of these financial statements.





                                    SCIENTIFIC ENERGY, INC.
                                (A Development Stage Company)
                                  STATEMENTS OF OPERATIONS
                                        (Unaudited)
<TABLE>
<CAPTION>


                                                                                    Cumulative
                                                                                      Since
                                                                                    May 30, 2001
                                              For the Three Months Ended            Inception of
                                                      March 31,                      Development
                                                 2006             2005                   Stage
                                             ------------     ------------         ----------------
<S>                                              <C>              <C>                    <C>
Revenues:                                    $          -     $          -         $              -

Expenses:
Research & Development                                  -                -                   68,090
General & Administrative                            3,581            2,225                  541,755
                                             ------------     ------------         ----------------

     Loss from Operations                          (3,581)          (2,225)               (609,845)

Other Income (Expense)
Interest, Net                                        (100)            (764)                (20,207)
Write-down of Technology
     and Royalties	                                -                -                (250,040)
                                             ------------     ------------         ----------------

     Net Loss Before Taxes                         (3,681)          (2,989)               (880,092)

     Income Tax Expense                                 -                -                    (500)
                                             ------------     ------------         ----------------

     Net Loss                                $     (3,681)    $     (2,989)        $      (880,592)
                                             ============     ============         ================

Basic & Diluted Loss Per Share               $          -     $          -
                                             ============     ============

Weighted Average Shares                         9,158,488        1,243,488
                                             ============     ============

</TABLE>


   The accompanying notes are an integral part of these financial statements.





                                    SCIENTIFIC ENERGY, INC.
                                 (A Development Stage Company)
                                    STATEMENTS OF CASH FLOWS
                                         (Unaudited)
<TABLE>
<CAPITION>

                                                                                     Cumulative
                                                                                       Since
                                                                                       May 30,
                                                                                        2001
                                              For the Three Months Ended            Inception of
                                                      March 31,                      Development
                                                 2006             2005                   Stage
                                             ------------     ------------         -------------
<S>                                              <C>              <C>                    <C>
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Loss                                     $     (3,681)    $     (2,989)        $   (880,592)

Adjustments to Reconcile Net Loss to Net
Cash Used in Operating Activities:
Write-down of Technology and Royalties                  -                -               250,040
Stock Issued for Expenses                               -                -                31,200

Change in operating assets and liabilities:
Increase (Decrease) in Accounts Payable               645          (19,238)                2,113
Increase (Decrease) in Income Tax Payable               -                -                   100
Increase (Decrease) in Accrued Expenses                70              281                 1,648
                                             ------------     ------------         -------------
     Net Cash Used in operating activities         (2,966)         (21,946)            (595,491)
                                             ------------     ------------         -------------

CASH FLOWS FROM INVESTING ACTIVITIES:
Net cash provided by investing activities               -                -                     -
                                             ------------     ------------         -------------

CASH FLOWS FROM FINANCING ACTIVITIES:
Payment on Shareholder Loan                             -                -             (36,195)
Note Payable Shareholder                            3,000           22,000              632,263
                                             ------------     ------------         ------------
     Net Cash Provided by Financing Activities      3,000           22,000              596,068
                                             ------------     ------------         ------------

Net (Decrease) Increase in
     Cash and Cash Equivalents                         34               54                  577
Cash and Cash Equivalents
     at Beginning of Period                           543               62                    -
Cash and Cash Equivalents
     at End of Period                        $        577     $        116         $        577
                                             ============     ============         ============


SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid during the year for:
     Interest                                $          -     $          -         $      6,620
     Income taxes                            $          -     $          -         $        400


SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:

Common Stock Exchanged for Technology        $          -     $          -         $    250,040
Note Payable Converted to Parent Company
     Stock                                   $          -     $          -         $    541,344



         The accompanying notes are an integral part of these financial statements.

</TABLE>



                            SCIENTIFIC ENERGY, INC.
                         (A Development Stage Company)
                         NOTES TO FINANCIAL STATEMENTS


NOTE 1 - ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

This summary of accounting policies for Scientific Energy, Inc. (a development
stage company) is presented to assist in understanding the Company's financial
statements.  The accounting policies conform to generally accepted accounting
principles and have been consistently applied in the preparation of the
financial statements.

Interim Reporting

The unaudited financial statements as of March 31, 2006, in the opinion of
management, all adjustments (which include only normal recurring adjustments)
necessary to fairly state the financial position and results of operations for
the three months. Operating results for interim periods are not necessarily
indicative of the results which can be expected for full years.

Nature of Operations and Going Concern

The accompanying financial statements have been prepared on the basis of
accounting principles applicable to a "going concern", which assume that the
Company will continue in operation for at least one year and will be able to
realize its assets and discharge its liabilities in the normal course of
operations.

Several conditions and events cast doubt about the Company's ability to
continue as a "going concern."  The Company has incurred net losses of
approximately $881,000 for the period from May 30, 2001 (inception) to
March 31, 2006, has a liquidity problem, and requires additional financing
in order to finance its business activities on an ongoing basis. The Company
is actively pursuing alternative financing and has had discussions with
various third parties, although no firm commitments have been obtained.
In the interim, shareholders of the Company have committed to meeting its
minimal operating expenses.

If the Company were unable to continue as a "going concern", then substantial
adjustments would be necessary to the carrying values of assets, the reported
amounts of its liabilities, the reported expenses, and the balance sheet
classifications used.

Organization and Basis of Presentation

The Company was originally incorporated under the laws of the State of Utah on
May 30, 2001, under the name of Scientific Energy, Inc. As of March 31, 2006,
the Company is in the development stage and has not begun planned principal
operations.

Separation From Parent Company

On June 6, 2001, Scientific Energy, Inc. (Utah) and Electronic Game Card, Inc.
entered into an agreement and plan of reorganization.  Pursuant to the
agreement, Scientific Energy, Inc. (Utah) acquired 20,000,000 shares of
Electronic Game Card, Inc. in exchange for 100% of the issued and outstanding
shares of Scientific Energy (Utah).  On December 5, 2003, the Company entered
into an agreement wherein the Company would receive 100% of its shares back
from Electronic Game Card, Inc.  As a result, the Company would no longer be
a wholly owned subsidiary of Electronic Game Card, Inc.

On October 25, 2004, the Company was spun off from its parent company
Electronic Game Card, Inc.  In connection with the spin off, the Company
approved a 17.8 reverse stock split, wherein the number of common shares were
reduced from 20,000,000 to 1,123,488 common shares. All references to common
stock have been changed to reflect the stock split.

Nature of Business

The Company plans to develop small electricity generation devices to be
incorporated into existing portable electronic devices including portable
laptop computers, handheld devices, cellular phones, and a variety of other
electronic devices. In addition, the Company is developing technology that
will assist both industrial concerns and consumers in a variety of
applications to significantly reduce energy consumption.

Concentration of Credit Risk

The Company has no significant off-balance-sheet concentrations of credit risk
such as foreign exchange contracts, options contracts or other foreign hedging
arrangements.

Cash and Cash Equivalents

For purposes of the statement of cash flows, the Company considers all highly
liquid debt instruments purchased with a maturity of three months or less to
be cash equivalents to the extent the funds are not being held for investment
purposes.

Pervasiveness of Estimates

The preparation of financial statements in conformity with generally accepted
accounting principles required management to make estimates and assumptions
that affect the reported amounts of assets and liabilities and disclosure of
contingent assets and liabilities at the date of the financial statements and
the reported amounts of revenues and expenses during the reporting period.
Actual results could differ from those estimates.

Loss per Share

Basic loss per share has been computed by dividing the loss for the year
applicable to the common stockholders by the weighted average number of common
shares outstanding during the years.  There were no common equivalent shares
outstanding at March 31, 2006 and 2005.

Reclassification

Certain reclassifications have been made in the 2005 financial statements to
conform with the March 31, 2006 presentation.

NOTE 2 - INCOME TAXES

As of December 31, 2005, the Company had a net operating loss carryforward for
income tax reporting purposes of approximately $877,000 that may be offset
against future taxable income through 2025.  Current tax laws limit the amount
of loss available to be offset against future taxable income when a
substantial change in ownership occurs.  Therefore, the amount available to
offset future taxable income may be limited.  No tax benefit has been reported
in the financial statements, because the Company believes there is a 50% or
greater chance the carry-forwards will expire unused.  Accordingly, the
potential tax benefits of the loss carry-forwards are offset by a valuation
allowance of the same amount.

NOTE 3 - DEVELOPMENT STAGE COMPANY

The Company has not begun principal operations and as is common with a
development stage company, the Company has had recurring losses during its
development stage. The Company's financial statements are prepared using
generally accepted accounting principles applicable to a going concern which
contemplates the realization of assets and liquidation of liabilities in the
normal course of business.  However, the Company does not have significant
cash or other material assets, nor does it have an established source of
revenues sufficient to cover its operating costs and to allow it to continue
as a going concern.  In the interim, shareholders of the Company have
committed to meeting its minimal operating expenses.

NOTE 4 - COMMITMENTS & CONTINGENCIES

As of March 31, 2006, all activities of the Company have been conducted by
corporate officers from their separate business offices. Currently, there are
no outstanding debts owed by the company for the use of these facilities and
there are no commitments for future use of the facilities.

NOTE 5 - LINE OF CREDIT /NOTE PAYABLE - SHAREHOLDER

On January 1, 2004, the president of the Company gave the Company an unsecured
line of credit of up to $250,000.  The Line carries interest at prime.  On
September 4, 2005, $49,150 of the note was converted into 4,915,000 shares of
the Company's common stock.

As of March 31, 2006 and December 31, 2005, the Company owes $6,790 and 3,720,
respectively, against this line of credit and has been reported along with
accrued interest in the accompanying financial statements as "Note Payable
Shareholder."

NOTE 6- COMMON STOCK TRANSACTIONS

On November 17, 2004, Scientific Energy agreed to issue 120,000 shares of
restricted common stock to Alewine, LLC for consulting services.  In
connection with issuance of the shares, $1,200 was recorded as consulting
expense.

On September 4, 2005, Scientific Energy issued 3,000,000 shares of common stock
to the Company's four directors for services rendered.  In connection with the
issuance of the shares, $30,000 was recorded as consulting expense.

NOTE 7 - SUBSEQUENT EVENTS

On April 13, 2006, there are was a change in control in Scientific Energy, Inc.
(the "Company") effective pursuant to a certain Share Purchase Agreement by
and among the officers and directors, Todd Crosland, Jana Meyer, Mark Clawson
and Dale Gledhill (collectively the "Sellers"), and Kelton Capital Group
Limited, a corporation registered in the British Virgin Islands (the "Buyer").
Under the Share Purchase Agreement, the Buyer acquired from the Sellers an
aggregate of 7,905,000 shares of the Company's issued and outstanding common
stock, representing approximately 86.3 percent of the Company's outstanding
shares for the aggregate cash purchase price of $536,929.



Item 2.  Management's Discussion and Analysis or Plan of Operation

This report contains certain forward-looking statements that involve risks and
uncertainties. We use words such as "anticipate," "believe", "expect",
"future", "intend", "plan", and similar expressions to identify forward
-looking statements. These statements are only predictions. Although we
believe that the expectations reflected in these forward-looking statements
are reasonable, we cannot guarantee future results, levels of activity,
performance or achievements. You should not place undue reliance on these
forward-looking statements, which apply only as of the date of this prospectus.
Our actual results could differ materially from those anticipated in these
forward-looking statements.

Overview

The Company is a development stage company that has not engaged in material
operations or realized revenues for several years.  An officer of the Company
has, in the past, advanced funds for payment of certain expenses incurred by
the Company.  A portion of these advances has been subject to a note payable,
and the Company has issued shares of Company common stock for other advances.
Until the Company is able to generate revenues or is able to obtain
significant outside financing, there is substantial doubt about its ability to
continue as a going concern.

Results of Operations

Revenue

For the three months ended March 31, 2006, the Company had generated no
revenue as well as for the same period of prior year.

Operating Expenses

For the three months ended March 31, 2006, general and administrative expenses
were $3,581 as compared to $2,255 for the three months ended March 31, 2005.
General and administrative expenses are primarily for legal and accounting
services.

Net Loss

For the three months ended March 31, 2006, the Company had a net loss of
$3,681, or $0.00 per share, as compared to a net loss of $2,989 for the same
period of the prior year.

Liquidity and Capital Resources

As of March 31, 2006, the president of the Company has agreed to loan to the
Company up to $250,000. The loan is repayable on demand with interest at prime
rate. As of March 31, 2006, the Company owes $6,790 against this line of credit
and has been reported along with accrued interest in the accompanying financial
statements as "Note Payable Shareholder".

Because the Company lacks funds, it may be necessary for the officers and
directors either to advance additional funds to the Company or to accrue
expenses until such time as revenues are generated sufficient to cover the
expenses of the Company.  Management intends to hold expenses to a minimum and
to obtain services on a contingency basis when possible.  Further, the
Company's directors will defer any compensation until such time as revenues
are generated sufficient to cover the expenses of the Company.  However, if
the Company engages outside advisors or consultants in its development of the
business, it may be necessary for the Company to attempt to raise additional
funds.  As of the date hereof, the Company has not made any arrangements or
definitive agreements to use outside advisors or consultants or to raise any
capital.

In the event the Company needs additional capital, most likely the only method
available will be the private sale of its securities. Because of the nature of
the Company as a development stage company, it is unlikely that it could make
a public sale of securities or be able to borrow any significant sum from
either a commercial or private lender.  There can be no assurance that the
Company will be able to obtain additional funding when and if needed, or that
such funding, if available, can be obtained on terms acceptable to the Company.


Item 3.  Controls and Procedures

The Company's Chief Executive Officer and Chief Financial Officer are
responsible for establishing and maintaining disclosure controls and
procedures for the Company.

(a) Evaluation of Disclosure Controls and Procedures

As of the end of the period covered by this report, the Company carried out an
evaluation, under the supervision and with the participation of the Company's
management, including the Company's President, of the effectiveness of the
design and operation of the Company's disclosure controls and procedures
pursuant to Rule 13a-15 under the Securities Exchange Act of 1934, as amended
(the "Exchange Act"). Based upon the evaluation, the Company's President
concluded that, as of the end of the period, the Company's disclosure controls
and procedures were effective in timely alerting him to material information
relating to the Company required to be included in the reports that the
Company files and submits pursuant to the Exchange Act.

(b) Changes in Internal Controls

Based on this evaluation as of March 31, 2006, there were no significant
changes in the Company's internal controls over financial reporting or in any
other areas that could significantly affect the Company's internal controls
subsequent to the date of his most recent evaluation, including any corrective
actions with regard to significant deficiencies and material weaknesses.



                       PART II - OTHER INFORMATION



Item 1.  Legal Proceedings

         None.

Item 2.  Changes in Securities and Use of Proceeds

         None.

Item 3.  Defaults Upon Senior Securities

         None.

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

         None.

Item 5.  Other Information

         None.

Item 6.  Exhibits and Reports on Form 8-K

 (a)    Exhibits:

Exhibit No.                     Title of Document
----------      ----------------------------------------
  31              Section 302 Certification
  32              Section 906 Certification

  (b)    Reports on Form 8-K.

The Company filed a report of change in control on Form 8-K on April 13, 2006.




                                  SIGNATURES

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


                                SCIENTIFIC ENERGY, INC.


Date: May 19, 2006              By: /S/ Stanley Chan
                                ---------------------------------
                                Stanley Chan
                                President and Chief Financial Officer