UNITED
STATES SECURITIES AND EXCHANGE COMMISSION


Washington,
DC 20549





Form
10-Q








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








One
e Commerce Corporation


(Exact
name of small business issuer as specified in its charter)








Nevada                               87-0531751


(State of
incorporation)               (Employer
IRS Number)








One
Clyde Street, Golf,
Illinois,                                                                                               60029-0083


(Address
of principal executive
offices)                                                                                                            (Zip
Code)








(312)
983-8980


(Registrant's
telephone number)











Indicate
by check mark whether the registrant (1) has filed all reports required to
be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934
during the preceding 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.


Large
      accelerated filer
            
            Accelerated
      filer
            
            Non-accelerated
      filer
            
            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 [X] No []





As of
September 30, 2008, there were 18,317,200 shares of the issuer’s common stock
outstanding.










TABLE OF CONTENTS




PART
I  FINANCIAL
INFORMATION




ITEM
1 FINANCIAL
STATEMENTS





Condensed Balance
Sheets as of September 30, 2008 (Unaudited) and December 31, 2007
(Audited)


Condensed
Statements of Operations for three months ended September 30, 2008 and 2007 and
nine months ended September 30, 2008 and 2007 (Unaudited)


Condensed
Statements of Cash Flows for nine months ended September 30, 2008 and 2007 and
nine months ended September 30, 2008 and 2007 (Unaudited)


Notes to
Condensed Financial Statements (Unaudited)











ITEM
3. QUANTITATIVE AND
QUALITATIVE DISCLOSURES ABOUT MARKET RISK





ITEM
4T.CONTROLS
AND PROCEDURES





PART
II   OTHER
INFORMATION





ITEM
1. LEGAL
PROCEEDINGS





ITEM
1ARISK
FACTORS





ITEM
2. UNREGISTERED SALES OF
EQUITY SECURITIES AND USE OF PROCEEDS





ITEM
3. DEFAULTS UPON SENIOR
SECURITIES





ITEM
4  SUBMISSION OF
MATTERS TO A VOTE OF SECURITY HOLDERS





ITEM
5. OTHER
INFORMATION





ITEM
6. EXHIBITS








SIGNATURES











CAUTION
REGARDING FORWARD-LOOKING INFORMATION





All
statements contained in this Form 10-Q, other than statements of historical
facts that address future activities, events or
developments   are forward-looking statements, including, but not
limited to, statements containing the words "believe," "anticipate," "expect"
and words of similar import. These statements are based on certain assumptions
and analyses made by us in light of our experience and our assessment of
historical trends, current conditions and expected future developments as well
as other factors we believe are appropriate under the circumstances. However,
whether actual results will conform to the expectations and predictions of
management are subject to a number of risks and uncertainties that may cause
actual results to differ materially.  Such risks include, among
others, the following: international, national and local general economic and
marked conditions:  our ability to sustain, manage or forecast our
growth; raw material costs and availability; new product development and
introduction; existing government regulations and changes in, or the failure to
comply with, government regulations; adverse publicity; competition; the loss of
significant customers or suppliers; fluctuations and difficulty in forecasting
operating results; changes in business strategy or development plans; business
disruptions; the ability to attract and retain qualified personnel; the ability
to protect technology; and other factors referenced in this filing.





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 anticipated by management will be realized or, even if substantially
realized, that they will have the expected consequences to or effects on our
business operations.  As used in this Form 10-Q, unless the context
requires otherwise, “we" or "us" or the "Company" means One eCommerce
Corporation.


Page
1


PART
I – FINANCIAL INFORMATION





Item
1.  Financial Statements


One
eCommerce Corporation


Condensed
Balance Sheets





AssetsSeptember 30, 2008
                
                
                December 31, 2007(unaudited)Current
      AssetsCash
                
                $
                -
                
                
                $
                -Total
      current assets
                
                
                -
                
                
                
                -Total
      Assets
                
                $
                -
                
                
                $
                -Liabilities and Stockholders'
      DeficitCurrent
      LiabilitiesNotes
      payable - stockholder (Note 4)
                
                $
                484,458
                
                
                $
                484,458Accrued
      interest payable - stockholder
                
                
                414,413
                
                
                
                378,080Total
      Current Liabilities
                
                
                898,871
                
                
                
                862,538Stockholders'
      Equity (Deficit)Preferred
      Stock:  $.001 par value, 500,000 shares authorized, no shares
      issued
                
                
                -
                
                
                
                -Common
      stock:  $.001 par value, 50,000,000 shares authorized,
      18,317,200 shares issued and outstanding at September 30, 2008 and
      December 31, 2007.
                
                
                18,317
                
                
                
                18,317Additional
      paid-in capital
                
                
                2,163,509
                
                
                
                2,163,509Retained
      deficit
                
                
                (3,080,697
                )
                
                
                (3,044,364
                )Total
      Stockholder's Deficit
                
                
                (898,871
                )
                
                
                (862,538
                )Total
      Liabilities & Stockholder's Deficit
                
                $
                -
                
                
                $
                -











See
accompanying notes to the condensed financial statements






Page
2








One
eCommerce Corporation


Condensed Statements
of Operations




For
      the Three Months ended September 30,
                    
                    
                    For
      the Nine Months ended September 30,2008
                    
                    
                    2007
                    
                    
                    2008
                    
                    
                    2007(unaudited)
                    
                    
                    (unaudited)
                    
                    
                    (unaudited)
                    
                    
                    (unaudited)Revenues
                    
                    $
                    -
                    
                    
                    $
                    -
                    
                    
                    $
                    -
                    
                    
                    $
                    -Expenses
                    
                    
                    -
                    
                    
                    
                    
                    
                    
                    $
                    -
                    
                    
                    $
                    150Income
      (loss) fromoperations
                    
                    
                    -
                    
                    
                    
                    -
                    
                    
                    $
                    -
                    
                    
                    
                    (150
                    )Other
      income (expenses):Interest
      expense
                    
                    
                    (12,111
                    )
                    
                    
                    (12,111
                    )
                    
                    $
                    (36,333
                    )
                    
                    $
                    (36,333
                    )Loss
      before income taxes
                    
                    
                    (12,111
                    )
                    
                    
                    (12,111
                    )
                    
                    
                    (36,333
                    )
                    
                    
                    (36,483
                    )Provision
      for (benefit from)income
      taxes
                    
                    
                    -
                    
                    
                    
                    -
                    
                    
                    
                    -
                    
                    
                    
                    -Net
      loss
                    
                    $
                    (12,111
                    )
                    
                    $
                    (12,111
                    )
                    
                    $
                    (36,333
                    )
                    
                    $
                    (36,483
                    )Basic
      and diluted loss per share
                    
                    $
                    -
                    
                    
                    $
                    -
                    
                    
                    $
                    -
                    
                    
                    $
                    -Basic
      and diluted weighted average shares outstanding
                    
                    
                    18,317,200
                    
                    
                    
                    18,317,200
                    
                    
                    
                    18,317,200
                    
                    
                    
                    29,429,244








See
accompanying notes to the condensed financial statements




Page
3




One
eCommerce Corporation


Condensed Statements
of Cash Flows




For
      the Nine Months EndedSeptember 30, 2008
                    
                    
                    September 30, 2007Cash
      Flows from Operating Activities:
                    
                    (unaudited)
                    
                    
                    (unaudited)Net
      Loss
                    
                    $
                    (36,333
                    )
                    
                    $
                    (36,483
                    )Adjustments
      to reconcile net loss to net     cash provided by
      operating activitiesAccrued
      interest payable
                    
                    
                    36,333
                    
                    
                    
                    36,483Net
      cash flows from operating activities
                    
                    
                    -
                    
                    
                    
                    -Cash
      Flows from Investing Activity:Net
      cash flows from investing activities
                    
                    
                    -
                    
                    
                    
                    -Cash
      Flows from Financing Activity:Net
      cash flows from financing activities
                    
                    
                    -
                    
                    
                    
                    -Increase
      (decrease) in cash
                    
                    
                    -
                    
                    
                    
                    -Cash
      at beginning of year
                    
                    
                    -
                    
                    
                    
                    -Cash
      at end of year
                    
                    $
                    -
                    
                    
                    $
                    -Supplemental
      cash flow information:Interest
      paid
                    
                    $
                    -
                    
                    
                    $
                    -Income
      taxes paid
                    
                    $
                    -
                    
                    
                    $
                    -








See
accompanying notes to the condensed financial statements






Page
4


NOTE
1 – NATURE OF BUSINESS





Nature
of Business





One
eCommerce Corporation (the “Company”) was organized under the laws of the State
of Nevada on September 14, 1994, under the name Arianne Co. The Company changed
its name on March 30, 1999 to One eCommerce Corporation in connection with the
acquisition of One Commerce Corporation on March 30, 1999 and an associated
reverse merger and forward stock split.





The
Company has had no material business activities since the cessation of the
operations of its wholly owned subsidiary, One Commerce Corporation, at the end
of 2001.  Prior to 2001, the Company did have substantive operations
and revenues and, accordingly, the Company has not been reflected as a
development stage enterprise in the accompanying financial
statements.





The
accompanying interim financial statements have been prepared by management
without audit, pursuant to the rules and regulations of the Securities and
Exchange Commission, in accordance with the accounting policies described in our
Annual Report on Form 10-Q for the year ended December 2007, and reflect all
adjustments which are, in the opinion of management, necessary to present a fair
statement of the results for the interim period on a basis consistent with the
annual audited consolidated financial statements. All such adjustments are of a
normal recurring nature. The condensed financial statements include the accounts
of One eCommerce Corporation (“ONCE”, “we”, “our” or the “Company”). 
Certain information and footnote disclosures normally included in financial
statements prepared in accordance with U.S. generally accepted accounting
principles have been omitted. These condensed financial statements should be
read in conjunction with the audited financial statements and related notes
included in our Annual Report on Form 10 for the year ended December 31,
2007.





NOTE
2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES





Management’s
Estimates





The
preparation of condensed 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 reported amounts of
assets and liabilities and disclosure of contingent assets and liabilities at
the date of the condensed financial statements and the reported amounts of
revenues and expenses during the reporting period. Actual results could differ
from those estimates.








Cash
and Cash Equivalents





The
Company considers all highly liquid investments with original maturity of three
months or less when purchased to be cash equivalents.








Deferred
Income Taxes





Deferred
income taxes are provided based on the provisions of Statement of Financial
Accounting Standards No. 109, "Accounting for Income Taxes”, to reflect the tax
effect of differences in the recognition of revenues and expenses between
financial reporting and income tax purposes based on the enacted tax laws in
effect at that time.








As of
December 31, 2007, the Company had available approximately $2,666,284 of net
operating loss carry forwards to reduce future Federal income taxes. The company
has Federal tax returns due for prior periods but no accrued tax
liability.  No deferred tax asset has been recorded for these net
operating loss carry forwards as of September 30, 2008 and December 31, 2007,
due to the uncertainty surrounding their realizations as a result of the
Company’s recurring losses.





These net
operating loss carry forwards would have limited value to the Company in the
event of a material change in control or ownership and all such losses are
subject to the Internal Revenue Service Code which limit their applicability in
the event ownership and control changes.








Fair
Value of Financial Instruments





At
September 30, 2008 and December 31, 2007, the carrying amounts of the Company’s
notes payable to stockholder do not approximate fair value.








Page
5


NOTE
3 - GOING CONCERN





The
accompanying condensed financial statements have been prepared in conformity
with accounting principles generally accepted in the United States of America
which contemplate continuation of the Company as a going
concern.  However, the Company has suffered recurring losses from
operations and currently has no revenue or assets.





The
Company has inadequate working capital to maintain or develop its operations,
and is dependent upon funds from private investors and the support of certain
stockholders. These factors raise substantial doubt about the ability of the
Company to continue as a going concern. The condensed financial statements do
not include any adjustments that might result from the outcome of this
uncertainty. In this regard, the Company’s Management may raise any necessary
additional funds through loans, additional sales of its common stock, or through
the possible acquisition of other companies.  There is no assurance
that the Company will be successful in raising additional capital.





NOTE
4 – NOTES PAYABLE TO STOCKHOLDER





The
Company is currently indebted to John B. Welch, Chairman of the Board of
Directors of the Company, per the schedule of notes below. In the event he
elects to exercise his conversion rights under the various notes, the potential
additional shares to be issued would be dilutive to the existing shares
outstanding by an additional 30,573,664 shares.  The notes are all
unsecured demand notes with maturity dates in 2000 and they are all in a state
of default.  As of September 30, 2008, Mr. Welch has not demanded to
accelerate immediate payment of these notes. Interest has accrued since the
issuance of these notes and as of September 30, 2008 and December 31, 2007, an
aggregate accrued interest amount of $414,413 and $378,080, respectively, is due
and payable.   While the notes carry the same conversion option
for the accrued interest as for the principal amount of each note, Mr. Welch has
agreed to waive the conversion option for the accrued interest.


Issue
      Date
                                  
                                  Interest
      Rate
                                  
                                  
                                  Maturity
      Date
                                  
                                  Conversion Rate
                                  
                                  
                                  AmountDecember
      31, 1999
                                  
                                  10
                                  %
                                  
                                  December
      31, 2000
                                  
                                  $
                                  0.1000
                                  
                                  
                                  $
                                  190,010December
      31, 1999
                                  
                                  10
                                  %
                                  
                                  December
      31, 2000
                                  
                                  $
                                  0.1000
                                  
                                  
                                  
                                  72,580April
      27, 2000
                                  
                                  10
                                  %
                                  
                                  July
      27, 2000
                                  
                                  $
                                  0.0054
                                  
                                  
                                  
                                  98,168May
      16, 2000
                                  
                                  10
                                  %
                                  
                                  July
      27, 2000
                                  
                                  $
                                  0.1000
                                  
                                  
                                  
                                  75,000July
      19, 2000
                                  
                                  10
                                  %
                                  
                                  September
      19, 2000
                                  
                                  $
                                  0.0054
                                  
                                  
                                  
                                  33,700September
      28, 2000
                                  
                                  10
                                  %
                                  
                                  December
      28, 2000
                                  
                                  $
                                  0.0054
                                  
                                  
                                  
                                  15,000$
                                  484,458











NOTE
5 – STOCKHOLDER’S EQUITY TRANSACTIONS





Since
December 31, 2007, there have been no stockholder equity
transactions.





NOTE
6 – CORPORATE OVERHEAD





Since
2001, the Company has not been charged corporate overhead for service performed
by its two officers, for office rent, professional fees and other administrative
expenses.

















Page
6


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





GENERAL





One
eCommerce Corporation (The Company) was originally incorporated on September 14,
1994, under the laws of the State of Nevada.





There is
limited trading activity on the Company’s common shares which are quoted
over-the-counter on the “Pink Sheets.” The Company’s symbol is
ONCE.PK





The
Company has had no operations, assets, or, new liabilities since 2001 and
accordingly is a “shell company” that is, a development stage company that has
no specific business plan or purpose or has indicated that its business plan is
to engage in a merger or other acquisition with an unidentified company or
companies, or other entity or person.  As the Company had previously
been an operating company and had ceased to be a development stage company it is
not being reported as a development stage company for financial reporting
purposes.





The
Company's current principal business activity is to seek a suitable reverse
acquisition candidate through acquisition, merger or other suitable business
combination method. As a "reporting company," the Company may be more attractive
to a private acquisition target because its common stock may thereby be quoted
on the OTC Bulletin Board.








EMPLOYEES





The
Company currently has no employees. Management of the Company expects to use
consultants, attorneys and accountants as necessary, and does not anticipate a
need to engage any full-time employees so long as it is seeking and evaluating
business opportunities. The need for employees and their availability will be
addressed in connection with the decision whether or not to acquire or
participate in specific business opportunities.





RESULTS
OF OPERATIONS





The
Company had no revenue in the first nine months of 2008 and in 2007; and no
general and administrative expenses in the first nine months of 2008 and only
$150 in 2007.





LIQUIDITY
AND CAPITAL RESOURCES





It is the
intent of management and significant stockholders to provide sufficient working
capital necessary to support and preserve the integrity of the corporate entity.
However, there is no legal obligation for either management or significant
stockholders to provide additional future funding.





Should
this pledge fail to provide financing, the Company has not identified any
alternative sources. Consequently, there is substantial doubt about the
Company's ability to continue as a going concern.





The
Company's need for capital may change dramatically as a result of any business
acquisition or combination transaction. There can be no assurance that the
Company will identify any such business, product, technology or company suitable
for acquisition in the future. Further, there can be no assurance that the
Company would be successful in consummating any acquisition on favorable terms
or that it will be able to profitably manage the business, product, technology
or company it acquires.


Page
7











ITEM
3.  RISK FACTORS








The
Company's business and plan of operation is subject to numerous risk factors,
including, but not limited to, the following:





LIMITED
OPERATING HISTORY MAKES POTENTIAL DIFFICULT TO ASSESS





The
Company has had no operating history nor any revenues or earnings from
operations since 2000. The Company has no assets or financial resources. The
Company will, in all likelihood, continue to sustain operating expenses without
corresponding revenues at least until the consummation of a business
combination. This will most likely result in the Company incurring a net
operating loss which will increase continuously until the Company can consummate
a business combination with a target company. There is no assurance that the
Company can identify such a target company and consummate such a business
combination.





THERE
IS NO AGREEMENT FOR A BUSINESS COMBINATION AND NO MINIMUM REQUIREMENTS FOR A
BUSINESS COMBINATION





The
Company has no current arrangement, agreement or understanding with respect to
engaging in a business combination with a specific entity.  There can
be no assurance that the Company will be successful in identifying and
evaluating suitable business opportunities or in concluding a business
combination. No particular industry or specific business within an industry has
been selected for a target company. The Company has not established a specific
length of operating history or a specified level of earnings, assets, net worth
or other criteria which it will require a target company to have achieved, or
without which the Company would not consider a business combination with such
business entity.





Accordingly,
the Company may enter into a business combination with a business entity having
no significant operating history, losses limited or no potential for immediate
earnings, limited assets, negative net worth or other negative characteristics.
There is no assurance that the Company will be able to negotiate a business
combination on terms favorable to the Company.





NO
ASSURANCE OF SUCCESS OR PROFITABILITY





There is
no assurance that the Company will acquire a favorable business opportunity.
Even if the Company should become involved in a business opportunity, there is
no assurance that it will generate revenues or profits, or that the market price
of the Company's outstanding shares will be increased thereby.





TYPE
OF BUSINESS ACQUIRED





The type
of business to be acquired may be one that desires to avoid affecting its own
public offering and the accompanying expense, delays, uncertainties, and federal
and state requirements which purport to protect investors. Because of the
Company's limited capital, it is more likely than not that any acquisition by
the Company will involve other parties whose primary interest is the acquisition
of control of a publicly traded Company. Moreover, any business opportunity
acquired may be currently unprofitable or present other negative
factors.





LACK
OF DIVERSIFICATION





Because
of the limited financial resources that the Company has, it is unlikely that the
Company will be able to diversify its acquisitions or operations. The Company's
probable inability to diversify its activities into more than one area will
subject the Company to economic fluctuations within a particular business or
industry and therefore increase the risks associated with the Company’s
operations.





ONLY
TWO DIRECTORS AND OFFICERS





Because
management consists of only two people while seeking a business combination;
John Welch, the company’s Chairman and Harry Nass, the Company’s President, they
will be the only two persons responsible in conducting the day-to-day operations
of the Company. The Company does not benefit from multiple judgments that a
greater number of directors or officers would provide, and the Company will rely
completely on the judgment of its two officers and directors when selecting a
target company. Mr. Welch and Mr. Nass anticipate devoting only a limited amount
of their time per month to the business of the Company. Neither Mr. Welch nor
Mr. Nass has entered into a written employment agreement with the Company and
they are not expected to do so. The Company does not anticipate obtaining key
man life insurance on Mr. Welch nor Mr. Nass. The loss of the services of Mr.
Welch or Mr. Nass would adversely affect development of the Company's business
and its likelihood of continuing operations.





Page
8


DEPENDENCE
UPON MANAGEMENT; LIMITED PARTICIPATION OF MANAGEMENT





The
Company will be entirely dependant upon the experience of its officers and
directors in seeking, investigating, and acquiring a business and in making
decisions regarding the Company's operations. Because investors will not be able
to evaluate the merits of possible future business acquisitions by the Company,
they should critically assess the information concerning the Company's officers
and directors.








CONFLICTS
OF INTEREST





Certain
conflicts of interest exist between the Company and its officers and directors.
Mr. Welch and Mr. Nass have other business interests to which they currently
devote attention and it is expected they will continue to do so. As a result,
conflicts of interest may arise that can be resolved only through their exercise
of judgment in a manner which is consistent with their fiduciary duties to the
Company (See Dependence upon Management; Limited Participation of
Management).





It is
anticipated that the Company’s two principal shareholders may actively negotiate
or otherwise consent to the purchase of a portion of their common stock as a
condition to, or, in connection with, a proposed merger or acquisition
transaction. In this process, the Company's principal shareholders may consider
their own personal pecuniary benefit rather than the best interest of other
Company shareholders. Depending upon the nature of a proposed transaction,
Company shareholder other than the principal shareholders may not be afforded
the opportunity to approve or consent to a particular transaction.





POSSIBLE
NEED FOR ADDITIONAL FINANCING





The
Company has very limited funds, and such funds, may not be adequate to take
advantage of any available business opportunities. Even if
the  Company's currently available funds prove to be sufficient to pay
for its operations until it is able to acquire an interest in, or complete a
transaction with, a business opportunity, such funds will clearly not
be  sufficient to enable it to exploit the opportunity. Thus, the
ultimate success of the Company will depend, in part, upon its availability to
raise additional capital. In the event that the Company requires modest amounts
of additional capital to fund its operations until it is able to complete a
business acquisition or transaction, such funds, are expected to be provided by
the two principal shareholders. However, the Company has not investigated the
availability, source, or terms that might govern the acquisition of the
additional capital which is expected to be required in order to exploit a
business opportunity, and will not do so until it has determined the level of
need for such additional financing. There is no assurance that additional
capital will be available from any source or, if available, that it can be
obtained on terms acceptable to the Company. If not available, the Company’s
operations will be limited to those that can be financed with its modest
capital.





DEPENDENCE
UPON OUTSIDE ADVISORS





To
supplement the business experience of its officer and director, the Company may
be required to employ accountants, technical experts, appraisers, attorneys, or
other consultants or advisors. The selection of any such advisors will be made
by the Company's officers, without any input by shareholders. Furthermore, it is
anticipated that such persons may be engaged on an as needed basis without a
continuing fiduciary or other obligation to the Company. In the event the
officers of the Company consider it necessary to hire outside advisors, they may
elect to hire persons who are affiliates, if those affiliates are able to
provide the required services.





ITEM
3.  QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET
RISK





None.








ITEM
4T.  CONTROLS AND PROCEDURES





Evaluation of Disclosure Controls and
Procedures




The
Company has established disclosure controls and procedures to ensure that
material information relating to the Company is made known on a timely basis to
the officers who certify its financial reports and the Company’s board of
directors. Based on their evaluation as of September 30, 2008, the principal
President and the Chairman of the Company have concluded that 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) are effective to ensure that the
information required to be disclosed by the Company in the reports that it files
or submits under the Securities Exchange Act of 1934 is recorded, processed,
summarized and reported within the time periods specified in SEC rules and
forms.





Changes
in Internal Control Over Financial Reporting





There
were no changes to internal controls over financial reporting that occurred
during the nine months ended September 30, 2008, that have materially affected,
or are reasonably likely to materially impact our internal controls over
financial reporting.





Page
9





PART
II – OTHER INFORMATION





ITEM
1.  LEGAL PROCEEDINGS





As of
September 30, 2008 and for the nine months prior, the company was not a party to
any legal proceedings.





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


None





ITEM
5.                            OTHER
INFORMATION





None





ITEM
6.                            EXHIBITS








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 behalf by the
undersigned, thereunto duly authorized.





November
14,
2008                                                          One
eCommerce Corporation








By:             /s/  Harry
Nass




President and Chief
Executive Officer