| Delaware (State      or other jurisdiction of incorporation or organization) | 74-3252949(IRS      Employer Identification No.) |
|-----------------------------------------------------------------------------------|--------------------------------------------------|

| Large      accelerated filer   ̈                                               | Accelerated      filer    ̈ |
|----------------------------------------------------------------------------------------------|------------------------------------------------|
| Non-accelerated      filer   ̈(Do not      check if smaller reporting company) | Smaller      reporting company  x    |

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|            | Page                                                                                                  |
|--------------------------------------------------------------|-------------------------------------------------------------------------------------------------------|
|                                                         |                                                                                                  |
| PART I -      FINANCIAL INFORMATION:                         |                                                                                                  |
|                                                         |  4                                                                                               |
| Item      1.                                                 | Consolidated      Balance Sheets (Unaudited)                                                          |   |
|                                                         |                                                                                                  |   |
|                                                         | Consolidated      Statements of Operations (Unaudited)                                                |   |
|                                                         |                                                                                                  |   |
|                                                         | Consolidated      Statements of Cash Flows (Unaudited)                                                |   |
|                                                         |                                                                                                  |   |
|                                                         | Notes to      Consolidated Financial Statements (Unaudited)                                           |   |
|                                                         |                                                                                                  |   |
| Item      2.                                                 | Management’s      Discussion and Analysis of Financial Condition and Results of      Operations | 6 |
|                                                         |                                                                                                  |   |
| Item      3.                                                 | Quantitative      and Qualitative Disclosures About Market Risk.                                      |   |
|                                                         |                                                                                                  |   |
| Item      4T.                                                | Controls      and Procedures                                                                          | 8 |
|                                                         |                                                                                                  |   |
| PART II -      OTHER INFORMATION:                            | 9                                                                                                     |
|                                                         |                                                                                                  |   |
| Item      1.                                                 | Legal      Proceedings                                                                                |   |
|                                                         |                                                                                                  |   |
| Item      1A.                                                | Risk      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                                                                                              | 9 |
|                                                         |                                                                                                  |   |
| SIGNATURES                                                   | 10                                                                                                    |

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|                                                                                             |   | Page           |
|--------------------------------------------------------------------------------------------------|--------|----------------|
|                                                                                             |   |           |
| Balance Sheets as ofJune 30, 2009 (unaudited) and      December 31, 2008                         |   | F-1            |
| Statements      of Operations (unaudited) for the three and six months ended June 30,      2009  |   | F-2            |
| Statements      of Changes in Net Assets (unaudited) for the six months ended June 30,      2009 |   | F-3            |
| Statements      of Cash Flows (unaudited) for the six months ended June 30,      2009            |   | F-4            |
| Notes to      Financial Statements (unaudited)                                                   |   | F-5      - F-8 |

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|                                                                                                                    |   | June 30 |     |    | December      31 |   |
|-------------------------------------------------------------------------------------------------------------------------|--------|--------------|----------|---------|------------------|--------|
|                                                                                                                    |   | 2009         |     |    | 2008             |   |
| ASSETS                                                                                                                  |   |         |     |    |             |   |
| Total      assets                                                                                                       |   | $            | -        |    |             | $      | - |   |
|                                                                                                                    |   |         |     |    |             |   |   |   |
|                                                                                                                    |   |         |     |    |             |   |   |   |
| LIABILITIES                                                                                                             |   |         |     |    |             |   |   |   |
| Related      Party                                                                                                      |   |         | 77,091   |    |             |   | 38,270 |   |
| Accrued      Other Expenses                                                                                             |   |         | -        |    |             |   | 35,221 |   |
|                                                                                                                    |   |         |     |    |             |   |   |   |
| Total      liabilities                                                                                                  |   |         | 77,091   |    |             |   | 73,491 |   |
|                                                                                                                    |   |         |     |    |             |   |   |   |
|                                                                                                                    |   |         |     |    |             |   |   |   |
| NET      ASSETS                                                                                                         |   |         |     |    |             |   |   |   |
|                                                                                                                    |   |         |     |    |             |   |   |   |
| Common      stock, par value $.01 per share, 25,000,000 shares authorizedand 615,460      shares issued and outstanding |   |         | 6,155    |    |             |   | 6,155 |   |
| Paid-in      capital in excess of par                                                                                   |   |         | 24,618   |    |             |   | 24,618 |   |
| Undistributed      net investment loss                                                                                  |   |         | (107,864 | )       |             |   | (104,264 | ) |
|                                                                                                                    |   |         |     |    |             |   |   |   |
| Total      net assets                                                                                                   |   |         | (77,091  | )       |             |   | (73,491 | ) |
|                                                                                                                    |   |         |     |    |             |   |   |   |
|                                                                                                                    |   |         |     |    |             |   |   |   |
| Total      liabilities and net assets                                                                                   |   |         | -        |    |             |   | - |   |
|                                                                                                                    |   |         |     |    |             |   |   |   |
| Net      assets value per share                                                                                         |   | $            | (0.13    | )  |             | $      | (0.12 | )  |
|                                                                                                                    |   |         |     |    |             |   |   |   |
|                                                                                                                    |   |         |     |    |             |   |   |   |

| /s/      Lior OstashinskyLior      OstashinskyPresident  | August      15, 2009Date of      approval of theFinancial      statements |
|---------------------------------------------------------------|---------------------------------------------------------------------------|

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|                                                        |   | Three Months Ended June 30,2009 |    |   | Six Months EndedJune 30,2009 |   |
|-------------------------------------------------------------|--------|-----------------------------------------------------|---------|--------|---------------------------------------------|--------|
|                                                        |   |                                                |    |   |                                        |   |
|                                                        |   |                                                |    |   |                                        |   |
| Investment      Income                                      |   | $                                                   | -       |   |                                        | $      | - |   |
|                                                        |   |                                                |    |   |                                        |   |   |   |
| Expenses:                                                   |   |                                                |    |   |                                        |   |   |   |
|                                                        |   |                                                |    |   |                                        |   |   |   |
| Professional      fees                                      |   |                                                | 1,800   |   |                                        |   | 3,600 |   |
|                                                        |   |                                                |    |   |                                        |   |   |   |
| Total      Expenses                                         |   |                                                | 1,800   |   |                                        |   | 3,600 |   |
|                                                        |   |                                                |    |   |                                        |   |   |   |
| Net      Investment Loss                                    |   |                                                | (1,800  | )      |                                        |   | (3,600 | ) |
|                                                        |   |                                                |    |   |                                        |   |   |   |
| Net      decrease in net assets resulting from operations   |   | $                                                   | (1,800  | )      |                                        | $      | (3,600 | ) |
|                                                        |   |                                                |    |   |                                        |   |   |   |
| Loss      per share - Basic and Diluted (See note 3)        |   |                                                | (0.003  | )      |                                        |   | (0.006 | ) |
|                                                        |   |                                                |    |   |                                        |   |   |   |
| Weighed      average shares outstanding - Basic and Diluted |   |                                                | 615,460 |   |                                        |   | 615,460 |   |

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|                                                      |   | Six Months Ended June 30,2009 |    |
|-----------------------------------------------------------|--------|---------------------------------------------------|---------|
| Decrease      in net assets from operations:              |   |                                              |    |
|                                                      |   |                                              |    |
| Net      Investment Loss                                  |   | $                                                 | 3,600   |   |
|                                                      |   |                                              |    |   |
| Net      decrease in net assets resulting from operations |   |                                              | (3,600  | ) |
|                                                      |   |                                              |    |   |
| Total      decrease in net assets                         |   |                                              | (3,600  | ) |
|                                                      |   |                                              |    |   |
| Net      Assets:                                          |   |                                              |    |   |
| Beginning      of period                                  |   |                                              | (73,491 | ) |
| End of      period                                        |   | $                                                 | (77,091 | ) |

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|                                                                                                                              |   | Six      Months EndedJune      30,2009 |   |
|-----------------------------------------------------------------------------------------------------------------------------------|--------|----------------------------------------|--------|
| CASH      FLOWS FROM OPERATING ACTIVITIES:                                                                                        |   |                                   |   |
|                                                                                                                              |   |                                   |   |   |
| Net      decrease in net assets resulting from operations                                                                         |   | $                                      | (3,600 | ) |
| Adjustments      to reconcile net decrease in net assets resulting from operations to net      cash used by operating activities: |   |                                   |   |   |
|                                                                                                                              |   |                                   |   |   |
| Increase in      accrued expenses                                                                                                 |   |                                   | 3,600  |   |
|                                                                                                                              |   |                                   |   |   |
|          Net      cash used in operating activities                                  |   |                                   | -      |   |
|                                                                                                                              |   |                                   |   |   |
| CASH      FLOWS FROM  FINANCING ACTIVITIES:                                                                             |   |                                   |   |   |
| Net      proceeds from issuance of common stock                                                                                   |   |                                   | -      |   |
|                                                                                                                              |   |                                   |   |   |
| Net      cash provided by financing activities                                                                                    |   |                                   | -      |   |
|                                                                                                                              |   |                                   |   |   |
|                                                                                                                              |   |                                   |   |   |
| Net  increase      in cash and cash equivalents                                                                         |   |                                   | -      |   |
| Cash      and cash equivalents at beginning of period                                                                             |   |                                   | -      |   |
|                                                                                                                              |   |                                   |   |   |
| Cash      and cash equivalents at the end of period                                                                               |   | $                                      | -      |   |
|                                                                                                                              |   |                                   |   |   |

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| A.     | Basis      of Presentation:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
|   | The      financial statements are prepared in conformity with generally accepted      accounting principles in the United States of America ("GAAP") and      pursuant to the reporting requirement set forth on Article 6 of Regulation      S-X, as appropriate. In accordance with Article 6-09 of Regulation S-X      under the Exchange Act, a Statement of Changes in Net Assets is provided      in lieu of a Statement of Changes in Stockholders’  Equity.                                                                                                                                                                                                                                                                                            |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
|   | The      accompanying unaudited financial statements have been prepared on the      accrual basis of  accounting in conformity with accounting      principles generally accepted in the United States of America (“GAAP”) for      interim financial information. Accordingly, they do not include all of the      information and footnotes required for annual financial statements. The      unaudited interim financial statements and notes thereto should be read in      conjunction with the financial statements and notes for the fiscal year      ended December 31, 2008 included in the Company’s Registration Statement      on Form N-2,, as filed with the Securities and Exchange Commission      (“SEC”). |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
|   | The      financial statements reflect all adjustments and reclassifications which,      in the opinion of management, are necessary for the fair presentation of      the Company’s results of operations and financial condition for the      periods presented.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |

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| A.     | Basis      of Presentation (cont.):                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   | Furthermore,      the preparation of the financial statements requires management to make      significant estimates and assumptions including the fair value of      investments that do not have a readily available market value. Actual      results could differ from those estimates, and the differences could be      material. The results of operations for the interim periods presented are      not necessarily indicative of the operating results to be expected for the      full year. |

| B. | Investments: |
|----|--------------|

|   | 1.     | The Company      intends to invest principally in the equity and debt securities of      primarily non-public and mid-sized companies. Currently, no such      investments were done.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
|--------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
|   |   | All of the      Company's securities will be carried on at fair value using different      methodologies generally used to determine fair value as      applicable.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
|   | 2.     | In      September 2006, the Financial Accounting Standards Board (“FASB”) issued      Statement of Financial Accounting Standards ("SFAS") 157, “Fair Value      Measurements, ” which clarifies the definition of fair value and requires      companies to expand their disclosure about the use of the price that would      be received to sell an asset or paid to transfer a liability in an orderly      transaction between market participants at the measurement date (“SFAS No.      157”). SFAS No. 157 has been partially deferred portions of it will become      effective for financial statements issued for fiscal years beginning after      November 15, 2007, and interim periods within those fiscal      years.    |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
|   |   | The Company      adopted SFAS No. 157. Since the Company has yet to invest in equity and      held securities, SFAS No. 157 has no impact on the consolidated financial      statements.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
|   | 3.     | In February      2007, the FASB issued Statement No. 159, the Fair value Option for      Financial Assets and Financial Liabilities - Including an Amendment of      FASB Statement No. 115 (“SAFS No. 159”). This statement permits an entity      to choose to measure many financial instruments and certain other items at      fair value. This statement applies to all reporting entities, and contains      financial statement presentation and disclosure requirements for assets      and liabilities reported fair value as a consequence of the election. This      statement is effective for fiscal years beginning November 15, 2007, and      interim periods within those fiscal years. The Company has not elected to      apply SFAS No. 159. |

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| C. | Recent      Accounting Pronouncements: |
|----|----------------------------------------|

|   | 1.     | Standard on      Subsequent Events.  On May 28, 2009, the Financial      Accounting Standards Board issued SFAS 165—Subsequent Events (“SFAS      No. 165”). SFAS No. 165 provides guidance on management’s assessment of      subsequent events and requires additional disclosure about the timing of      management’s assessment of subsequent events. SFAS No. 165 does not      significantly change the accounting requirements for the reporting of      subsequent events. SFAS No. 165 is effective for interim or annual      financial periods ending after June 15, 2009. The Company adopted      SFAS No. 165 as of June 30, 2009 and accordingly assessed subsequent      events in this interim financial statements from June 30, 2009 trough the      filling date of this Form 10Q. The adoption of this standard did not      materially impact the Company’s financial position, results of operations,      changes in net assets or disclosures in the financial      statements. |
|--------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
|   | 2.     | Codification      of Accounting Standards. In June 2009, the FASB issued SFAS No.168—The      FASB Accounting Standards Codification and Hierarchy of Generally Accepted      Accounting Principles (“SFAS No. 168”). When SFAS No. 168 is effective,      the Codification will supersede all then-existing non-SEC literature and      all reporting standards. It is not expected that SFAS No. 168 will      change existing accounting standards, but rather changes the way that      companies will refer to accounting standards.  SFAS No. 168 is      effective for interim and annual periods ending after September 15,      2009. As a result, the Company will adopt SFAS No. 168 for its financial      statements covering the period ending September 30, 2009. The Company      does not expect that the adoption of this standard will have a material      impact on the Company’s financialstatements.                                                                                                |

|                                                                                                    |   | Three      Months Ended June 30,2009 |    |   | Six      Months Ended June 30,2009 |   |
|---------------------------------------------------------------------------------------------------------|--------|--------------------------------------|---------|--------|------------------------------------|--------|
|                                                                                                    |   |                                 |    |   |                               |   |
| Numerator      for basic and diluted net decrease in net assets pershare      resulting from operations |   | $                                    | (1,800  | )      |                               | $      | (3,600 | ) |
|                                                                                                    |   |                                 |    |   |                               |   |   |   |
| Denominator      for basic and diluted weighted average share:                                          |   |                                 | 615,460 |   |                               |   | 615,460 |   |
|                                                                                                    |   |                                 |    |   |                               |   |   |   |
| Basic and      diluted net decrease in net assets per share resulting from      operations:             |   | $                                    | (0.003  | )      |                               | $      | (0.006 | ) |
|                                                                                                    |   |                                 |    |   |                               |   |   |   |

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|                         |                                                                      |
|------------------------------|---------------------------------------------------------------------------|
|                         | Ametrine      Capital, Inc.                                               |
|                         |                                                                      |
| Dated:      October 28, 2009 | By:/s/ Lior      Ostashinsky                                              |
|                         |   Lior      Ostashinsky  President and      Treasurer |

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