UNITED STATES SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                   FORM 10-QSB

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

                For the quarterly period ended November 30, 2005

                                       OR

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

      For the transition period from September 1, 2005 to November 30 2005.

                       Commission File Number: 333-113223

                               SEW CAL LOGO, INC.
                               ------------------
        (Exact Name of Small Business Issuer as Specified in its Charter)

                     NEVADA                               46-0495298
                     ------                               ----------
        (State or Other Jurisdiction of                  (IRS Employer
         Incorporation or Organization)             Identification Number)

                               207 W. 138th STREET
                          LOS ANGELES, CALIFORNIA 90061
                     Address of Principal Executive Offices

                                 (310) 352-3300
              (Registrant's Telephone Number, Including Area Code)

Check  whether  the Issuer  (1) has filed all  reports  required  to be filed by
Section 13 or 15(d) of the  Exchange  Act during the past 12 months (or for such
shorter  period that the Issuer was required to file such  reports),  and 2) has
been subject to such filing requirements for the past 90 days.

                            [X] Yes         [ ] No

State the number of shares outstanding of each of the Issuer's classes of common
equity as of the latest  practicable  date:  At November  30,  2005,  there were
5,176,168 shares of the registrant's Common Stock outstanding.


                                       1
<PAGE>

                               SEW CAL LOGO, INC.
                                   FORM 10-QSB
                                      INDEX

<TABLE>
<CAPTION>
                                                                                                          Page No.
<S>                                                                                                          <C>
PART I - FINANCIAL INFORMATION                                                                                 3

     Item 1. FINANCIAL STATEMENTS                                                                              3

     Report of Independent Registered Public Accounting  Firm                                                  3

     Balance Sheets November 30, 2005 and August 31, 2005.                                                     4

     Statements of Operations 3 months ended November 30, 2005 and 3 months ended November 30, 2004            6

     Statement of Stockholders' equity for the period from August 31, 2002 to November 30, 2005                7

     Statement of Cash Flows for 3 months ended November 30, 2005 and 3 months ended November 30, 2004         8

     Notes to Financial Statements                                                                             9


    Item 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION                                         15

    Item 3  CONTROLS AND PROCEDURES                                                                           18


PART II - OTHER INFORMATION.

     Item 1. LEGAL PROCEEDINGS                                                                                19

     Item 2. CHANGES IN SECURITIES                                                                            19

     Item 3. DEFAULTS UPON SENIOR SECURITIES                                                                  19

     Item 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS                                              19

     Item 5. OTHER INFORMATION                                                                                19

     Item 6. EXHIBITS.                                                                                        19

SIGNATURES                                                                                                    19
</TABLE>


                                       2
<PAGE>

                                     PART I

ITEM 1. FINANCIAL STATEMENTS

The  financial  statements  included  herein have been  prepared by the Company,
without  audit,  pursuant to the rules and  regulations  of the  Securities  and
Exchange  Commission.  Certain  information  and footnote  disclosures  normally
included in financial  statements prepared in accordance with generally accepted
accounting principles have been omitted.  However, in the opinion of management,
all  adjustments  (which include only normal  recurring  accruals)  necessary to
present fairly the financial  position and results of operations for the periods
presented  have been made. The results for interim  periods are not  necessarily
indicative  of trends or of results  to be  expected  for the full  year.  These
financial statements should be read in conjunction with the financial statements
and notes thereto included in the Company's  registration statement on form SB-2
as amended.


Report of Independent Registered Public Accounting Firm
-------------------------------------------------------

To the Board of Directors and Stockholders
Sew Cal Logo Inc

We have reviewed the accompanying  interim balance sheets of Sew Cal Logo Inc as
of November  30,  2005,  and August 31, 2005 and the  associated  statements  of
operations,  stockholders'  equity  and cash  flows for the three  months  ended
November 30, 2005. These interim financial  statements are the responsibility of
the Company's management.

We conducted our review in accordance  with the standards of the Public  Company
Accounting  Oversight  Board  (United  States).  A review of  interim  financial
information  consists  principally of applying analytical  procedures and making
inquiries of persons  responsible  for financial and accounting  matters.  It is
substantially  less in scope  than an audit  conducted  in  accordance  with the
standards of the Public Company  Accounting  Oversight  Board,  the objective of
which is the expression of an opinion  regarding the financial  statements taken
as a whole. Accordingly, we do not express such an opinion.

Based on our review, we are not aware of any material  modifications that should
be made to the  accompanying  interim  financial  statements  for  them to be in
conformity with U.S. generally accepted accounting principles.

Shelley International, CPA
Mesa, Arizona, U.S.A.
January 12, 2006


                                       3
<PAGE>

                               SEW CAL LOGO, INC.

                                 BALANCE SHEETS

                                                     11/30/2005       8/31/2005
                                                     (unaudited)
                                     ASSETS

Current Assets:
Cash and cash equivalents                            $     2,033     $    56,865
Accounts Receivable, net                                 363,452         265,468
Inventory                                                174,144         188,434
Prepaid Expenses                                           1,600           2,297
                                                     -----------     -----------

           Total current assets                          541,229         513,064
                                                                     -----------

Equipment and machinery, net                             351,130         371,488
Other assets                                               6,000           6,000
                                                     -----------     -----------

           Total assets                              $   898,359     $   890,552
                                                     ===========     ===========

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


                                       4
<PAGE>

                      LIABILITIES AND STOCKHOLDERS' EQUITY

<TABLE>
<CAPTION>
                                                            11/30/2005        8/31/2005
<S>                                                         <C>              <C>
Current liabilities:
Accounts payable                                            $    72,811      $    56,722
Note Payable-shareholder                                        355,384          355,384
Other current liabilities                                       529,136          413,289
Current Poriton of Long Term Debt                                71,817           45,987
                                                            -----------      -----------

             Total current liabilities                        1,029,148          871,382

Long-term liabilities
Note Payable-related party                                       91,085           95,570
SBA Loan                                                        287,268          327,884
Equipment Loans                                                  37,299           40,602
                                                            -----------      -----------

             Total liabilities                                1,444,800        1,335,438
                                                            -----------      -----------

Stockholders' equity (deficit)
Preferred stock: 300,000 shares authorized,
par value $0.001, issued and outstanding 234,800
shares  11/30/05 and 8/31/04
                                                                    235              235

Common stock: 50,000,000 shares authorized,                          --

$0.001 par value, issued and outstanding,                            --
5,176,168 shares 11/30/05; 5,020,000 shares 8/31/04               5,176            5,176
Paid in Capital                                                 187,517          187,517
Stock Subscribed                                                 36,000           36,000
Retained Earnings(Deficit)                                     (775,369)        (673,814)
                                                            -----------      -----------

             Total stockholders' equity (deficit)              (546,441)        (444,886)
                                                            -----------      -----------

             Total liabilities and stockholders' equity     $   898,359      $   890,552
                                                            ===========      ===========
</TABLE>

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


                                       5
<PAGE>

                               SEW CAL LOGO, INC.

                            STATEMENTS OF OPERATIONS

                                                         Three Months Ended
                                                    ----------------------------
                                                    11/30/2005       11/30/2004
                                                    (unaduited)      (unaudited)
                                                    -----------      -----------

Revenue:
      Sales of Caps, Embroidery and Other           $   654,657      $   521,591
                                                    -----------      -----------

      Total Revenue                                 $   654,657      $   521,591

Cost of Goods Sold                                      580,445          373,447
                                                    -----------      -----------

      Gross profit                                       74,212          148,144
                                                    -----------      -----------

Expenses:
      General and Administrative                         48,357           17,936
      Officer and Administrative Compensation            55,985           60,622

      Consulting, Legal and Accounting                   12,713            7,500
      Depreciation                                       20,357            2,380
      Rent                                               15,000           13,500
      Interest Expense                                   23,355           12,843
                                                    -----------      -----------

      Total expenses                                    175,767          114,781
                                                    -----------      -----------

      Income (loss) before income taxes                (101,555)          33,363
                                                    -----------      -----------

Provision for income taxes                                   --            5,718
                                                    -----------      -----------

      Net income (loss)                             $  (101,555)     $    27,645
                                                    ===========      ===========

Basic and Diluted Earnings (Loss) per Share         ($     0.02)     $      0.01
                                                    -----------      -----------
Weighted Average Number of Common Shares              5,176,000        5,020,000
                                                    -----------      -----------

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


                                       6
<PAGE>

                               SEW CAL LOGO, INC.

                       STATEMENTS OF STOCKHOLDERS' EQUITY

<TABLE>
<CAPTION>
                                        Preferred Stock         Common Stock
                                       -------------------  --------------------
                                                                                                             Retained      Total
                                      Outstanding          Outstanding              Paid in      Stock       Earnings  Stockholders'
                                         Shares    Amount     Shares     Amount     Capital    Subscribed    (Deficit)    Equity
                                       ----------  -------  ----------  --------  ----------   ----------  -----------   ----------
<S>                                       <C>      <C>      <C>         <C>       <C>          <C>         <C>           <C>
Balance, August 31, 2002                  189,800      190   3,000,000     3,000       1,810                  (573,885)    (568,885)

Contributed Officer Services                                                          60,000                                 60,000

Net (Loss) for the year                                                                                        (45,381)     (45,381)
                                       ----------  -------  ----------  --------  ----------               -----------   ----------
Balance, August 31, 2003                  189,800      190   3,000,000     3,000      61,810                  (619,266)    (554,266)

Recapitalization 2/24/04

Shares issued at par value                                     520,000       520        (520)

Shares issued for services at par          45,000       45   1,500,000     1,500                                              1,545

Net Income for the year                                                                                         50,818       50,818
                                       ----------  -------  ----------  --------  ----------               -----------   ----------
Balance, August 31, 2004                  234,800      235   5,020,000     5,020      61,290                  (568,448)    (501,903)

Equipment purchase                                              33,334        33     114,067                                114,100

Restricted Shares issued for
  services                                                     122,834       123      12,160                                 12,283
           $0.10 per share
Stock Subscribed                                                                                   36,000                    36,000

Net Income (Loss) for year                                                                                    (105,366)    (105,366)
                                       ----------  -------  ----------  --------  ----------   ----------  -----------   ----------
Balance, August 31, 2005                  234,800      235   5,176,168     5,176     187,517       36,000     (673,814)    (444,886)
                                       ==========  =======  ==========  ========  ==========   ==========  ===========   ==========
Net Income (Loss) for quarter                                                                                 (101,555)    (101,555)
                                       ----------  -------  ----------  --------  ----------   ----------  -----------   ----------

Balance, November 30, 2005                234,800  $   235  $5,176,168  $  5,176  $  187,517   $   36,000  $  (775,369)  $ (546,441)
                                       ==========  =======  ==========  ========  ==========   ==========  ===========   ==========
</TABLE>

All above shares have been retroactively  adjusted for the  recapitalization  of
100 shares of common stock on February 26, 2004

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


                                       7
<PAGE>

                               SEW CAL LOGO, INC.

                            STATEMENTS OF CASH FLOWS

<TABLE>
<CAPTION>
                                                                 Three Months Ended
                                                            ------------------------------
                                                             11/30/2005        11/30/2004
                                                            (unaudited)       (unaudited)
                                                            ------------      ------------
<S>                                                         <C>               <C>
Operating Activities:
Net income (loss)                                           $   (101,555)     $     27,645
    Depreciation                                                  20,358            12,479
    Stock issued for services

Adjustments to reconcile net income (loss)
    (Increase) decrease in prepaid Expenses                          697                --
    (Increase) decrease in inventory                              14,290           (47,903)
    (Increase) decrease in accounts receivable                   (97,984)           96,417
    (Increase) decrease in prepaid franchise tax
    Increase (decrease) in accounts payable                       16,089            61,855
    Increase (decrease) in other current liabilities             141,677          (113,729)
                                                            ------------      ------------

    Net cash provided by (used in) operating activities           (6,428)           36,764
                                                            ------------      ------------

Investing Activities:
Purchases/disposals of equipment                                      --            (5,408)
                                                            ------------      ------------

    Cash (used) in investing activities                               --            (5,408)
                                                            ------------      ------------

Financing Activities:
Decrease in shareholder loan                                      (4,485)
Decrease of SBA Loan                                             (40,616)          (15,804)
Repayment of equipment loan                                       (3,303)           (2,038)
Increase in equipment loan                                            --
                                                            ------------      ------------

    Net cash provided by (used in) financing activities          (48,404)          (17,842)
                                                            ------------      ------------

Net increase (decrease) in cash and cash equivalents             (54,832)           13,514

Cash and cash equivalents at beginning of the year                56,865            20,490
                                                            ------------      ------------

Cash and cash equivalents at end of the year                $      2,033      $     34,004
                                                            ============      ============

Supplemental Information
Interest                                                          23,355            12,843
Taxes                                                                 --                --
</TABLE>

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


                                       8
<PAGE>

                               SEW CAL LOGO, INC.
                          NOTES TO FINANCIAL STATEMENTS

NOTE 1. Summary of Significant Accounting Policies

The Company

C J Industries  was  incorporated  in the State of California on August 30, 1985
and changed its name to Southern California Logo, Inc (the Company). The Company
transacts business as Sew Cal Logo. On February 24, 2004 the Company merged with
Calvert Corporation, a Nevada Corporation. This was a recapitalization accounted
for as a stock exchange transaction  (reverse merger).  Calvert also changed its
name to Sew Cal Logo, Inc. See Note 8 for more details of this merger.

The Company is located in Los  Angeles,  California.  The Company  produces  and
manufactures   custom   embroidered  caps,   sportswear  and  related  corporate
identification  apparel.  The Company provides an in-house,  full-service custom
design center where original  artwork and logo  reproduction  for embroidery are
available. The Company also offers contract embroidery and silk-screening to the
manufacturing  and  promotional  industry.  The  Company's  products  are  sold,
primarily in the United States,  to Fortune 500 companies,  major motion picture
and television studios, retailers, and local schools and small businesses.

Use of Estimates

The  financial  statements  have been  prepared in  conformity  with  accounting
principles  generally accepted in the United States, which require management to
make estimates,  and assumptions  that affect the reported amounts of assets and
liabilities  (including  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.

Accounts Receivable

The Company's trade accounts  receivable and allowance for doubtful accounts are
shown below.

                                          11/30/05        8/31/05

      Gross Trade Accounts Receivable     $ 365,857      $ 268,149
      Allowance for Doubtful Accounts        (2,404)        (2,681)
                                          ---------      ---------
      Accounts Receivable, net            $ 363,453      $ 265,468
                                          ---------      ---------

Revenue Recognition

The Company  recognizes  revenue from product sales upon shipment,  which is the
point in time when risk of loss is transferred to the customer, net of estimated
returns and allowances.

Cash and Cash equivalents

The  Company  maintains  cash  deposits in banks and in  financial  institutions
located in southern California.  Deposits in banks are insured up to $100,000 by
the  Federal  Deposit  Insurance  Corporation  ("FDIC").  The  Company  has  not
experienced  any losses in such  accounts  and believes it is not exposed to any
significant credit risk on cash deposits.


                                       9
<PAGE>

                               SEW CAL LOGO, INC.
                          NOTES TO FINANCIAL STATEMENTS

Inventory

Inventory is stated at the lower of cost (first-in,  first-out method) or market
and consists of raw material,  work-in-process and finished goods.  Normally the
Company  ships  out to the  customer  the  finished  goods  as soon as they  are
produced and  therefore  usually does not maintain a finished  goods  inventory.
Overhead  items are  applied  on a standard  cost  basis to work in process  and
finished goods.

                                       11/30/05        8/31/05

      Raw Materials and WIP            $174,144       $188,434
      Finished Goods                          0              0
                                       --------       --------
      Total Inventory                  $174,144       $188,434
                                       --------       --------

Equipment and Machinery

Equipment and machinery are stated at cost.  Depreciation  is computed using the
straight-line  method over their  estimated  useful  lives  ranging from five to
seven years.  Depreciation and amortization  expense for the fiscal years August
31, 2005,  and 2004 amounted to $56,847,  and $78,330  respectively.  Gains from
losses on sales and  disposals  are included in the  statements  of  operations.
Maintenance  and repairs are charged to expense as incurred.  As of November 30,
2005 and August 31, 2005 equipment and machinery consisted of the following:

                                          11/30/05        8/31/05

      Equipment and Machinery             $968,644       $968,644
      Less: Accumulated depreciation       617,514        597,156
                                          --------       --------

                                          $351,130       $371,488
                                          --------       --------

Fiscal Year

The Company operates on a fiscal year basis with a year ending August 31.

Earnings and Loss Per Share Information

Basic net earnings  (loss) per common share is computed by dividing net earnings
(loss)  applicable  to common  shareholders  by the  weighted-average  number of
common shares outstanding during the period.

Segment Reporting

Pursuant to  Statement  of  Financial  Accounting  Standards  No. 131 ("SFAS No.
131"), "Disclosure about Segments of an Enterprise and Related Information," the
Company has determined it operated in only one segment.

NOTE 2. Accounts Payable and Other Current Liabilities

As of the period ends shown,  accounts payable and accrued liabilities consisted
of the following:


                                       10
<PAGE>

                                             11/30/05      8/31/05

Trade accounts payable                       $ 72,811     $ 56,722
                                             --------     --------

Sales tax payable                               7,275        8,520
Short Term Loan - Related Party                99,767
Payroll Liabilities                            50,172       52,046
Credit Card Debt                               27,376       55,223
Revolving bank line of credit (Prime +
3.8 %, interest only)                          98,046       52,000
Revolving bank line of credit (prime +
3.8750 % Interest only, reviewed yearly)      246,500      245,500
                                             --------     --------

                                             $529,136     $413,289
                                             --------     --------

NOTE 3. Note Payable- Related Party

On March 1, 2003,  for purposes of working  capital,  the sole  shareholder  and
spouse  made a  $355,384  subordinated  loan  to the  Company.  The  Company  is
obligated to pay monthly interest only on the subordinated  loan during its term
at the rate of 10% per annum  (fixed-rate  calculated as simple  interest).  The
entire principal amount of the loan was originally due on March 1, 2004, and has
continued from that time on a month to month basis. The subordinated loan, which
was  consented  to  by  United   Commercial   Bank  and  subsequent   banks,  is
collateralized  by the assets of the Company,  including  but not limited to any
and all equipment owned by the Company, inventory, and outstanding receivables.

NOTE 4. Commitments and Contingencies

Long-Term Debt

On March 25, 2002 the Company  entered into an agreement with United  Commercial
Bank for a $515,000 SBA loan. For the years ending August 31, 2003 and 2002, the
unpaid principal balance of the loan was $462,100 and $500,313 respectively. The
monthly  required  payment  varied with an annual  interest  rate of 6.75% and a
maturity date of March 1, 2012. This loan related to the purchase of equipment.

NOTE 4. Commitments and Contingencies, continued

On August 11, 2004 the Company  refinanced  this SBA loan with  Pacific  Liberty
Bank.  As of  November  30, 2005 the balance  was  $359,085  with the  long-term
portion of $287,268  and short term portion  $71,817.  As of August 31, 2005 the
balance was  $373,871,  long term  portion  $327,884  and the short term portion
$45,987.  This loan matures and is due in 69 months.  Monthly  payments are made
the 15th of each month with  interest at prime plus 2.5.  Currently the interest
rate is 9.5%. This loan is  collateralized  by the assets of the corporation and
is in first place before the shareholder loan.

On April 16, 2003 the Company entered an installment sale contract with GMAC for
the purchase of a vehicle. The total amount financed at signing was $40,754 that
represents the total sale price.  The agreement  requires 60 monthly payments of
approximately  $679  beginning on May 16, 2003 and ending on April 16, 2008. The
outstanding  balance at November  30, 2005 was  $19,698.  This  vehicle note was
obtained by GMAC under special financing and carries no interest.


                                       11
<PAGE>

                               SEW CAL LOGO, INC.
                          NOTES TO FINANCIAL STATEMENTS

Lease Commitments

The Company  leases  warehouse and office  facilities  under an operating  lease
requiring  the Company to pay property  taxes and  utilities.  In July 2004 this
building  was  purchased by a related  party (a  corporation  controlled  by the
officers) and the lease was re-written  for 5 years.  Lease expense is currently
$12,500 per month.

The lease obligation is shown below for the next five years.

<TABLE>
<CAPTION>
                                Year 1         Year 2          Year 3         Year 4         Year 5

<S>                           <C>            <C>             <C>            <C>            <C>
Office /warehouse lease       $150,000       $150,000        $150,000       $150,000       $150,000
</TABLE>

NOTE 5.  Stockholders' Equity

The Company (post  merger) is  authorized  to issue fifty  million  (50,000,000)
shares  of  common  stock at par value of  $0.001  and  three  hundred  thousand
(300,000)  shares of series A  preferred  stock at a par  value of  $0.001.  The
preferred  stock is  convertible  to common stock at one share of preferred  for
every 100 shares of common.  The preferred  shares are only able to be converted
when the Company reaches  $10,000,000 in sales for any fiscal year. As of August
31, 2004 there were 234,800 shares of preferred  stock.  The value was placed at
par. The conversion to common stock would be 23,480,000  shares.  Based upon the
actual  growth  for the last two  years,  the  $10,000,000  in sales will not be
reached  within  five  years.  Therefore,  these  shares are not  considered  in
calculating the loss per share.

At the time of the merger 45,000 shares of preferred stock and 1,500,000  shares
of  common  stock  were  issued at par value of each for  services  rendered  in
connection with the merger for a total value of $1,545.

In May 2005 the Company  purchased for a $100,000 note payable and 33,334 shares
of  restricted  common  stock  (valued  at  $12,283)  various  pieces  of sewing
equipment.

As of 31 May 2005 the Company had received from investors  $36,000 in investment
funds for which  restricted  common  shares will be issued.  The exact number of
shares has not yet been determined.

NOTE 6.  Interest Expense

Interest expense for the years ended August 31, 2005, 2004 and 2003 was $77,923,
$78,899 and $106,371, respectively.

NOTE 7.  Income Taxes

The Company  provides for income taxes under  Statement of Financial  Accounting
Standards No. 109, Accounting for Income Taxes. SFAS No. 109 requires the use of
an asset and  liability  approach in accounting  for income taxes.  Deferred tax
assets  and  liabilities  are  recorded  based on the  differences  between  the
financial statement and tax bases of assets and liabilities and the tax rates in
effect when these differences are expected to reverse.

SFAS No. 109  requires  the  reduction  of  deferred  tax assets by a  valuation
allowance if, based on the weight of available evidence,  it is more likely than
not that some or all of the  deferred  tax assets will not be  realized.  In the
Company's opinion, it is uncertain whether they will generate sufficient taxable
income in the future to fully utilize the net deferred tax asset. Accordingly, a
valuation allowance equal to the deferred tax asset has been recorded. The total
deferred tax asset is calculated by  multiplying a 15% estimated tax rate by the
items making up the deferred tax account. For the Company only the Net Operating
Loss (NOL) was available for a tax asset.


                                       12
<PAGE>

                               SEW CAL LOGO, INC.
                          NOTES TO FINANCIAL STATEMENTS

The provision for income taxes is comprised of the net changes in deferred taxes
less the valuation account plus the current taxes payable.

At August 31,  2005,  federal  income  tax net  operating  loss  carry  forwards
("NOL's")  which were  available to the Company were the following with the year
in which they expire.

            Year (8/31)                            Amount          Expires

            1996                                 $  2,104             2011
            1997                                    9,265             2012
            1998                                   26,317             2013
            1999                                   21,074             2019
            2000                                   50,619             2020
            2001                                   21,675             2020
            2002                                  319,424             2022
            2003                                   86,861             2023
            2005                                  102,685             2025
                                                 --------
            Total                                $640,024
                                                 --------

Were the NOL tax asset to be recorded  at 8/31/05 it would be a long-term  asset
of $96,004. Continued profitability by the Company will be a major factor in the
valuation account being removed and the recording of this asset.

NOTE 8.  Merger with Calvert

On February 24, 2004 the Company  merged with Calvert  Corporation,  an inactive
Nevada  Corporation.  This  was a  recapitalization  accounted  for  as a  stock
exchange  reverse  acquisition with Calvert being the surviving legal entity and
Southern California becoming the surviving historical entity.  Before the merger
Southern  California had 100 shares of common stock issued and outstanding which
were owned by a single shareholder. As part of the merger Calvert issued to this
shareholder  189,800 shares of series A preferred stock and 3,000,000  shares of
common stock in exchange for all the shares (100) of Southern California.  These
share totals have been retroactively applied to previous years.

As part of the merger 45,000 shares of preferred  stock and 1,500,000  shares of
common  stock were issued for  services  rendered.  A value of $1,545 was placed
upon these shares.

Calvert had a zero book value  prior to the merger and is shown as the  acquired
company on the statement of stockholders' equity with 520,000 shares outstanding
prior to the merger.

After the  completion of the merger the Company had  5,020,000  shares of common
stock and 234,800 shares of series A preferred stock.

NOTE 9. THE EFFECT OF RECENTLY ISSUED ACCOUNTING STANDARDS

Below is a listing of the most recent  accounting  standards and their effect on
the Company.


                                       13
<PAGE>

                               SEW CAL LOGO, INC.
                          NOTES TO FINANCIAL STATEMENTS

Statement  No.  150   Accounting   for  Certain   Financial   Instruments   with
Characteristics of both Liabilities and Equity (Issued 5/03)

This Statement  establishes  standards for how an issuer classifies and measures
certain  financial  instruments  with  characteristics  of both  liabilities and
equity.

Statement No. 151 Inventory  Costs-an amendment of ARB No. 43, Chapter 4 (Issued
11/04)

This statement amends the guidance in ARB No. 43, Chapter 4, Inventory  Pricing,
to  clarify  the  accounting  for  abnormal  amounts of idle  facility  expense,
freight, handling costs, and wasted material (spoilage).  Paragraph 5 of ARB 43,
Chapter 4, previously  stated that "...under some  circumstances,  items such as
idle facility expense,  excessive spoilage, double freight and re-handling costs
may be so abnormal ass to require treatment as current period  charges...." This
Statement  requires  that those items be recognized  as  current-period  charges
regardless  of whether they meet the  criterion of "so  abnormal."  In addition,
this Statement  requires that  allocation of fixed  production  overheads to the
costs  of  conversion  be  based  on  the  normal  capacity  of  the  production
facilities.

Statement  No. 152  Accounting  for Real Estate  Time-Sharing  Transactions  (an
amendment of FASB Statements No. 66 and 67)

This  Statement  amends  FASB  Statement  No. 66,  Accounting  for Sales of Real
Estate,  to reference the financial  accounting and reporting  guidance for real
estate time-sharing transactions that is provided in AICPA Statement of Position
(SOP) 04-2, Accounting for Real Estate Time-Sharing Transactions.

This  Statement  also amends FASB  Statement  No. 67,  Accounting  for Costs and
Initial Rental Operations of Real Estate Projects,  states that the guidance for
(a) incidental  operations  and (b) costs incurred to sell real estate  projects
does not apply to real estate  time-sharing  transactions.  The  accounting  for
those operations and costs is subject to the guidance in SOP 04-2.

Statement No. 153 Exchanges of Non-monetary  Assets (an amendment of APB Opinion
No. 29)

The guidance in APB Opinion No. 29, Accounting for Non-monetary Transactions, is
based on the principle that exchanges of non-monetary  assets should be measured
based on the fair value of the assets  exchanged.  The guidance in that Opinion,
however,  includes  certain  exceptions to the principle.  This Statement amends
Opinion 29 to eliminate  the  exception  for  non-monetary  exchanges of similar
productive  assts and  replaces it with a general  exception  for  exchanges  of
non-monetary  assets  that do not  have  commercial  substance.  A  non-monetary
exchange  has  commercial  substance  if the future cash flows of the entity are
expected to change significantly as a result of the exchange.

Statement No. 154 - Accounting  Changes and Error  Corrections (a replacement of
APB Opinion No. 20 and FASB Statement No. 3)

This  Statement  replaces  APB  Opinion  No. 20,  Accounting  Changes,  and FASB
Statement No. 3, Reporting  Accounting Changes in Interim Financial  Statements,
and changes the requirements for the accounting for and reporting of a change in
accounting  principle.  This  Statement  applies  to all  voluntary  changes  in
accounting  principle.  It also  applies to changes  required  by an  accounting
pronouncement  in the unusual instance that the  pronouncement  does not include
specific  transition   provisions.   When  a  pronouncement   includes  specific
transition provisions, those provisions should be followed.

 The adoption of these new Statements is not expected to have a material effect
                  on the Company's current financial position,
                     results or operations, or cash flows.


                                       14
<PAGE>

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

This analysis  should be read in  conjunction  with the  condensed  consolidated
financial statements,  the notes thereto, and the financial statements and notes
thereto  included  in the  Company's  Registration  Statement  on Form SB-2,  as
amended,  initially  filed on March 20,  2004.  All  non-historical  information
contained  in  this  annual   report  is  a   forward-looking   statement.   The
forward-looking  statements  contained  herein are subject to certain  risks and
uncertainties  that could  cause the actual  results to differ  materially  from
those reflected in the forward-looking statements.

                              Results of Operations

Total revenue was $654,657 for the quarter  ended  November 30, 2005 as compared
to $521,591 for the quarter ended November 30, 2004, a net increase of $133,066.
The net increase is primarily due to the addition of new customers.  Officer and
Administrative  Compensation was $55,985 for the quarter ended November 30, 2005
as compared to $60,622 for the quarter  ended  November 30, 2004, a net decrease
of $4,664.  The net  decrease is due to the  elimination  of one  administrative
staff  person.  Total  Assets were  $898,359 at November 30, 2005 as compared to
$890,552 at November 30,  2004,  a net increase of $7,807.  The net increase was
primarily  due to the addition of  equipment  used in our  continuing  operation
along with  increased  receivables  offsetting  a slight  reduction  of cash and
inventory on hand.

                                Plan of Operation

Expansion and growth of present  operations  continues as our primary  objective
during the next two  quarters of the coming year.  In addition,  the Company has
acquired rights to PIPELINE  POSSE(TM),  a recognized brand in the world of surf
and sports wear. We intend to begin manufacturing,  selling and distributing our
own line of surf wear under  this new logo and to promote  this line of goods in
appropriate trade journals.

Private Labeling

Domestic  headwear  suppliers  have  been  drastically  reduced  as a result  of
increased lower pieced imports.  Suppliers  remaining in this business each have
their own niche in the market place.  Few remain in California  and our customer
base is  increasing  somewhat  with  this  reduced  competition.  There are U.S.
suppliers located in the Midwest and on the East Coast. They seldom  manufacture
for our  market  and deal  mainly  in the golf,  major  league  baseball  and ad
specialty-type businesses.

Overseas  suppliers  are a  different  situation.  They can  produce  a cap at a
fraction of the price we can and we are  constantly  in  competition  with them.
They can copy all that we create,  but if they are asked to create on their own,
they may fall short,  as our industry is constantly  changing by way of fabrics,
styles, and method of decorating. Overseas suppliers are in the business of mass
production for export.  Our current customers use overseas suppliers for some of
their  "bread and  butter"  styles but tend to use U.S.  suppliers  for the more
cutting edge products. However, overseas manufacturers require considerably more
time in creating new products because of their inability to provide face-to-face
contact with designers and domestic  customers.  They also require  greater lead
times for shipping and cannot make changes overnight  (literally) when required.
The  logistics  also may not allow them to be  immediately  aware of  developing
trends,  forecasting  them, and then developing an appropriate  finished product
instantly.


                                       15
<PAGE>

At  present,  the  youth  oriented  "action  sports"  lifestyle-clothing  market
(surf/skate/snow)  is led by labels such as  "Quiksilver"  of Huntington  Beach,
California, representing in excess of $1 billion in annual sales. Also, "O'Neill
Sportswear",  "Rip Curl",  "Lost",  "Billabong",  "Volcom",  and numerous  other
Orange County,  California-based  clothing companies service this market and can
be considered  competition  for our new brands.  We believe that teens and young
adults are looking for something new and trendy to identify with, purchase,  and
wear.

Although we believe we now have the  experience  and resources to take advantage
of and  fulfill the needs of this market and we have  already  made  significant
steps towards doing so, the youth,  active and sports apparel industry is highly
competitive,  with many of our competitors  having greater name  recognition and
resources  than we do.  Many  of our  competitors  are  well  established,  have
longer-standing   relationships  with  customers  and  suppliers,  greater  name
recognition  and greater  financial,  technical  and marketing  resources.  As a
result,  these  competitors  may be able to respond more quickly and effectively
than we can to new or changing opportunities or customer requirements.  Existing
or future competitors may develop or offer products that provide price, service,
number or other  advantages over those we intend to offer. If we fail to compete
successfully  against  current or future  competitors  with  respect to these or
other factors, our business,  financial condition, and results of operations may
be materially and adversely affected.

We currently have no market share data available for competition in these areas.
We work on each  job  through  personal  contacts  and are  frequently  the only
company contacted for the particular project.

We do not depend on any one or a few major customers.

Patents,  Trademarks,  Franchises,  Concessions,  Royalty  Agreements,  or Labor
Contracts

We recently  applied to the USTPO for the trademark  "Pipeline  Posse".  We will
continue to assess the need for any copyright,  trademark or patent applications
on an ongoing basis.

Film Wardrobe & Entertainment Related Business

To increase our film wardrobe and related  entertainment  business, we intend to
add two (2) to three (3) sales and customer  service  representatives  (in-house
and outside) to assist us in meeting our current forecasts for the first six (6)
months of fiscal 2006.

We also intend to produce more  wardrobe,  patches  etc.  for the major  costume
houses (Western  Costume  Company,  MPCC,  Motion Picture  Costume Co.,  Eastern
Costume Co.). We will also continue our existing strategy of marketing  directly
to movie and television  productions  before they begin filming locally and send
units out of town on location.  We intend to accomplish  this with visits to the
studios daily, printed material, and a professionally  developed e-mail campaign
to the production  offices when they first set-up for a newly  approved  feature
film or television show.

As the area of  entertainment  wardrobe is such a specialized and limited field,
management is unaware of any other  companies that do exactly what we do in this
area.  Small local  companies  do quick  embroidery  jobs from time to time when
production  companies  are on  location  and  need  something  immediately,  and
occasionally  a costumer will use a local shop for some patches.  Because of our
longtime  experience,  personal  relationships,  skill, and success in mastering
this specialized work, significant competition has not developed. Thus, there is
no accurate data currently available to determine our approximate market share.


                                       16
<PAGE>

Corporate Sales

Corporate  clients  currently  account  for less than ten  percent  (10%) of our
business.  We intend to focus on growing this area of our business over the next
two (2) years by the addition of new in-house salespeople. Also, the addition of
the new silk  screening  equipment  will give us the  capability  to accept  and
produce  large orders of  promotional  t-shirts and related  items for corporate
programs  that we are  currently  unable to produce.  The new  salespeople  will
solicit this business to our existing  client base via telephone and Internet as
well as to potential new customers  through the same means as well as some print
advertising via mailing and placement in trade  publications.  Additional  labor
will be hired to  operate  the new  equipment  as needed  with  second and third
manufacturing  shifts  added as growth  requires.  We intend to add two or three
in-house  clerical persons to service new inquiries and added accounts,  as well
as ordering finished goods for embellishment  and shipping.  Current  production
capacity is adequate to handle the added volume.

Development of the California Driven Product Lines

We have  identified and developed an  opportunity to export the California  life
style to the rest of America and to the worldwide markets in general. Started as
an idea born in San Clemente, California, home of the premier surfing beaches in
the world, we have created a number of California Driven brands of products.
Under the California  Driven  umbrella,  several lines are being  developed with
specific target markets in mind.  Currently,  no California  Driven products are
being produced or distributed by us and they do not represent any of our current
overall  revenue.  The  California  Driven  brand lines are being  developed  in
anticipation of expansion of Sew Cal into our own line of products to market and
sell.

The first  identified  brand line is Pipeline  Posse(TM).  Three trademarks were
applied for on September 15, 2005. We have completed initial design of a line of
surf wear under the  Pipeline  Posse(TM)  logo and have  manufactured  a limited
amount of goods to begin a sales and marketing  campaign.  The exclusive  rights
and ownership of Pipeline  Posse(TM) was acquired on August 15, 2005 from Braden
Dias.  Mr. Dias is a world renown surfer and is under  agreement with Sew Cal to
represent the Company as a professional  athlete in the  development of Surf and
Sportswear lines.

Until such time as we acquire  additional funds, we will continue to operate our
current  business  and  will  not  institute  use of these  product  lines.  Our
projections  for the need for an  additional  1 million to 3 million  dollars to
open  the  new  market  is  based  on the  following  factors:  a)  that we have
successfully  raised such funds on terms  acceptable to us, b) that we have been
successful  in protecting  the new brand lines through  trademark or other legal
means,  and c) that  appropriate  markets  and  advertising  programs  have been
contracted and/or put in place.


                                       17
<PAGE>

FORWARD LOOKING STATEMENTS

This Form 10-QSB includes  "forward  looking  statements"  concerning the future
operations of the Company. This statement is for the express purpose of availing
the Company of the  protections of such safe harbor with respect to all "forward
looking statements" contained in this Form 10-QSB. We have used "forward looking
statements" to discuss future plans and strategies of the Company.  Management's
ability  to  predict  results  or the  effect  of  future  plans  is  inherently
uncertain.  Factors  that could  affect  results  include,  without  limitation,
competitive   factors,   general  economic   conditions,   customer   relations,
relationships  with  vendors,   the  interest  rate  environment,   governmental
regulation  and  supervision,   seasonality,   distribution  networks,   product
introductions,  acceptance,  technological change, changes in industry practices
and one-time  events.  These factors  should be considered  when  evaluating the
"forward  looking  statements"  and undue reliance  should not be placed on such
statements.  Should any one or more of these risks or uncertainties materialize,
or should any underlying  assumptions  prove incorrect,  actual results may vary
materially from those described herein.

ITEM 3.  CONTROLS AND PROCEDURES

As the end of the period  covered  by this  report,  the  Company  conducted  an
evaluation,  under  the  supervision  and with the  participation  of the  Chief
Executive  Officer and Chief  Financial  Officer,  of the  effectiveness  of the
Company's  disclosure controls and procedures (as defined in Rules 13a-15(e) and
15d-15(e)  under the  Securities  Exchange Act of 1934 as amended (the "Exchange
Act")).  Based  on this  evaluation,  the  Chief  Executive  Officer  and  Chief
Financial Officer concluded that the Company's  disclose controls and procedures
as of the end of the fiscal  quarter  covered by this  Quarterly  Report on Form
10-QSB are effective to ensure that information  required to be disclosed by the
Company in reports that it files or submits  under the Exchange Act is recorded,
processed,  summarized  and  reported  within  the  time  periods  specified  in
Securities and Exchange  Commission  rules and forms.  Management of the Company
has also evaluated,  with the  participation of the Chief Executive  Officer and
Chief  Financial  Officer of the Company,  any change in the Company's  internal
control over  financial  reporting (as defined in Rules  13a-15(f) and 15d-15(f)
under the Exchange Act) that occurred  during the fiscal quarter covered by this
Quarterly Report on Form 10-QSB.  There was no change in the Company's  internal
control over financial  reporting  during the Company's most recently  completed
fiscal quarter that materially  affected,  or is reasonably likely to materially
affect, the Company's internal control over financial reporting. However, due to
the limited number of Company employees engaged in the authorization, recording,
processing  and  reporting  of  transactions,  there  is  inherently  a lack  of
segregation of duties. The Company periodically assesses the cost versus benefit
of adding the  resources  that  would  remedy or  mitigate  this  situation  and
currently,  does not  consider  the  benefits  to  outweigh  the costs of adding
additional  staff in light of the limited number of transactions  related to the
Company's operations.


                                       18
<PAGE>

                           PART II - OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS

None

ITEM 2. CHANGES IN SECURITIES

None

ITEM 3. DEFAULTS UPON SENIOR SECURITIES

None.

ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

None

ITEM 5. OTHER INFORMATION

ITEM 6.  EXHIBITS

Exhibit #              Description
---------              -----------

31.1        Certification of the Chief Executive Officer Pursuant to Section 302
            of the Sarbanes-Oxley Act

31.2        Certification of the Chief Financial Officer Pursuant to Section 302
            of the Sarbanes-Oxley Act

32.1        Certification of the Chief Executive Officer Pursuant to Section 906
            of the Sarbanes-Oxley Act

32.2        Certification of the Chief Financial Officer Pursuant to Section 906
            of the Sarbanes-Oxley Act


                                   SIGNATURES

Pursuant to the  requirements of Section 13 or 15(d) of the Securities  Exchange
Act of 1934,  the  Registrant  has duly  caused  this report to be signed on its
behalf by the undersigned, thereunto duly authorized.

                                        SEW CAL LOGO, INC.

Date:  January 13, 2006                 By: /s/ Richard Songer
                                            ------------------------------------
                                            Richard Songer
                                            President, Director and Chief
                                            Executive Officer


                                        By: /s/ Judy Songer
                                            ------------------------------------
                                            Judy Songer
                                            Director and Chief
                                            Financial Officer


                                       19