| x                                                                               | QUARTERLY      REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF      1934 |
|---------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------|
|                                                                            |                                                                                        |
| For      the quarterly period ended June 30, 2010                               |
|                                                                            |
| o                                                                               | TRANSITION      REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT                        |
|                                                                            |                                                                                        |
| For      the transition period from _________________ to      _________________ |
|                                                                            |
| Commission      file number 814-00776                                           |

|          Ametrine      Capital, Inc.(Exact      name of registrant as specified in its charter)                                                          |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                                                                                  |
| Delaware (State      or other jurisdiction of incorporation or organization)                                                                                                                     | 74-3252949(IRS      Employer Identification No.) |
|                                                                                                                                                                                                  |
| 340      West Superior Street, Unit 1601, Chicago, Illinois 60610(Address      of principal executive offices) (312)      205-9101(Registrant’s      telephone number, including areacode) |

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

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|            |                                                                                                  | Page   |   |
|--------------------------------------------------------------|-------------------------------------------------------------------------------------------------------|--------|--------|
| PART      I - FINANCIAL INFORMATION:                         |                                                                                                  |   | 3      |   |
|                                                         |                                                                                                  |   |        |   |
| Item      1.                                                 | Balance      Sheets (Unaudited)                                                                       |   |   | 5 |   |
|                                                         |                                                                                                  |   |   |   |   |
|                                                         | Statements      of Operations (Unaudited)                                                             |   |   | 6 |   |
|                                                         |                                                                                                  |   |   |   |   |
|                                                         | Statements      of Cash Flows (Unaudited)                                                             |   |   | 8 |   |
|                                                         |                                                                                                  |   |   |   |   |
|                                                         | Notes      to Financial Statements (Unaudited)                                                        |   |   | 9-12 |   |
|                                                         |                                                                                                  |   |   |   |   |
| Item      2.                                                 | Management’s      Discussion and Analysis of Financial Condition and Results of      Operations |   |   | 13 |   |
|                                                         |                                                                                                  |   |   |   |   |
| Item      3.                                                 | Quantitative      and Qualitative Disclosures About Market Risk.                                      |   |   | 14 |   |
|                                                         |                                                                                                  |   |   |   |   |
| Item      4T.                                                | Controls      and Procedures                                                                          |   |   | 15 |   |
|                                                         |                                                                                                  |   |   |   |   |
| PART      II - OTHER INFORMATION:                            |                                                                                                  |   | 16     |   |
|                                                         |                                                                                                  |   |   |   |   |
| Item      1.                                                 | Legal      Proceedings                                                                                |   |   | 16 |   |
|                                                         |                                                                                                  |   |   |   |   |
| Item      1A.                                                | Risk      Factors                                                                                     |   |   | 16 |   |
|                                                         |                                                                                                  |   |   |   |   |
| Item      2.                                                 | Unregistered      Sales of Equity Securities and Use of Proceeds                                      |   |   | 16 |   |
|                                                         |                                                                                                  |   |   |   |   |
| Item      3.                                                 | Defaults      Upon Senior Securities                                                                  |   |   | 16 |   |
|                                                         |                                                                                                  |   |   |   |   |
| Item      4.                                                 | Submission      of Matters to a Vote of Security Holders                                              |   |   | 16 |   |
|                                                         |                                                                                                  |   |   |   |   |
| Item      5.                                                 | Other      Information                                                                                |   |   | 16 |   |
|                                                         |                                                                                                  |   |   |   |   |
| Item      6.                                                 | Exhibits                                                                                              |   |   | 16 |   |
|                                                         |                                                                                                  |   |   |   |   |
| SIGNATURES                                                   |                                                                                                  |   | 17     |   |

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|                                                                                                                 |   | Page   |
|----------------------------------------------------------------------------------------------------------------------|--------|--------|
|                                                                                                                 |   |   |
| Balance      Sheets as of June 30, 2010 (unaudited) and December 31,    2009                                         |   | 5      |
| Statements of Operations      (unaudited) for the three and six months ended June 30, 2010 and      2009.            |   | 6      |
| Statements      of Changes in Net Assets (unaudited) for the three and six months ended      June 30, 2010 and 2009. |   | 7      |
| Statements      of Cash Flows (unaudited) for the three and six months ended June 30, 2010      and 2009.            |   | 8      |
| Notes      to Financial Statements (unaudited)                                                                       |   | 9-12   |

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|                                                                                                                      |   | June      30 |     |   | December      31 |   |
|---------------------------------------------------------------------------------------------------------------------------|--------|--------------|----------|--------|------------------|--------|
|                                                                                                                      |   | 2010         |     |   | 2009             |   |
| ASSETS                                                                                                                    |   |         |     |   |             |   |
| Cash      and cash equivalents                                                                                            |   | $            | 16,755   |   |             | $      | 16,755 |   |
|                                                                                                                      |   |         |     |   |             |   |   |   |
| Total      assets                                                                                                         |   |         | 16,755   |   |             |   | 16,755 |   |
|                                                                                                                      |   |         |     |   |             |   |   |   |
|                                                                                                                      |   |         |     |   |             |   |   |   |
| LIABILITIES                                                                                                               |   |         |     |   |             |   |   |   |
| Related      party                                                                                                        |   |         | 85,238   |   |             |   | 55,472 |   |
|                                                                                                                      |   |         |     |   |             |   |   |   |
| Total      liabilities                                                                                                    |   |         | 85,238   |   |             |   | 55,472 |   |
|                                                                                                                      |   |         |     |   |             |   |   |   |
|                                                                                                                      |   |         |     |   |             |   |   |   |
| NET      ASSETS                                                                                                           |   |         |     |   |             |   |   |   |
| Common      stock, par value $.01 per share, 25,000,000 shares authorizedand      2,671,799 shares issued and outstanding |   |         | 26,718   |   |             |   | 26,718 |   |
| Paid-in      capital in excess of par                                                                                     |   |         | 106,872  |   |             |   | 106,872 |   |
| Undistributed      net investment loss                                                                                    |   |         | (202,073 | )      |             |   | (172,307 | ) |
|                                                                                                                      |   |         |     |   |             |   |   |   |
| Total      net assets                                                                                                     |   |         | (68,483  | )      |             |   | (38,717 | ) |
|                                                                                                                      |   |         |     |   |             |   |   |   |
|                                                                                                                      |   |         |     |   |             |   |   |   |
| Total      liabilities and net assets                                                                                     |   |         | 16,755   |   |             |   | 16,755 |   |
|                                                                                                                      |   |         |     |   |             |   |   |   |
| Net      assets value per share                                                                                           |   | $            | (0.026   | )      |             | $      | (0.014 | )  |

| /S/      Lior Ostashinsky      |   | August      5, 2010                                   |
|--------------------------------|--------|-------------------------------------------------------|
| Lior      OstashinskyPresident |   | Date      of approval of theFinancial      statements |

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|                                                              |   | Six Months Ended June 30, |      |   | Three Months Ended June 30, |   |
|-------------------------------------------------------------------|--------|-----------------------------------------------|-----------|--------|-------------------------------------------------|--------|
|                                                              |   | 2010                                          |      |   | 2009                                            |   |   | 2010 |   |   | 2009 |   |
| Investment      Income                                            |   | $                                             | -         |   |                                            | $      | - |   |   | $ | - |   |   | $ | - |   |
|                                                              |   |                                          |      |   |                                            |   |   |   |   |   |   |   |   |   |   |   |
| Expenses:                                                         |   |                                          |      |   |                                            |   |   |   |   |   |   |   |   |   |   |   |
| Professional      fees                                            |   |                                          | 29,766    |   |                                            |   | 3,600 |   |   |   | 18,766 |   |   |   | 1,800 |   |
|                                                              |   |                                          |      |   |                                            |   |   |   |   |   |   |   |   |   |   |   |
| Total      Expenses                                               |   |                                          | 29,766    |   |                                            |   | 3,600 |   |   |   | 18,766 |   |   |   | 1,800 |   |
|                                                              |   |                                          |      |   |                                            |   |   |   |   |   |   |   |   |   |   |   |
|                                                              |   |                                          |      |   |                                            |   |   |   |   |   |   |   |   |   |   |   |
| Net      Investment Loss                                          |   |                                          | (29,766   | )      |                                            |   | (3,600 | ) |   |   | (18,766 | ) |   |   | (1,800 | ) |
|                                                              |   |                                          |      |   |                                            |   |   |   |   |   |   |   |   |   |   |   |
|                                                              |   |                                          |      |   |                                            |   |   |   |   |   |   |   |   |   |   |   |
| Net      decrease in net assets resulting from operations         |   | $                                             | (29,766   | )      |                                            | $      | (3,600 | ) |   | $ | (18,766 | ) |   | $ | (1,800 | ) |
|                                                              |   |                                          |      |   |                                            |   |   |   |   |   |   |   |   |   |   |   |
| Loss      per share - Basic and Diluted (See note 3)              |   |                                          | (0.011    | )      |                                            |   | (0.006 | ) |   |   | (0.007 | ) |   |   | (0.003 | ) |
|                                                              |   |                                          |      |   |                                            |   |   |   |   |   |   |   |   |   |   |   |
| Weighted      average shares outstanding - Basic and Diluted |   |                                          | 2,671,799 |   |                                            |   | 615,460 |   |   |   | 2,671,799 |   |   |   | 615,460 |   |

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|                                                      |   | Six Months Ended June 30, |     |   | Three Months Ended June 30, |   |
|-----------------------------------------------------------|--------|-----------------------------------------------|----------|--------|-------------------------------------------------|--------|
|                                                      |   | 2010                                          |     |   | 2009                                            |   |   | 2010 |   |   | 2009 |   |
|                                                      |   |                                          |     |   |                                            |   |   |   |   |   |   |   |
| Decrease      in net assets from operations:              |   |                                          |     |   |                                            |   |   |   |   |   |   |   |
| Net      investment loss                                  |   | $                                             | 29,766   |   |                                            | $      | 3,600 |   |   | $ | 18,766 |   |   | $ | 1,800 |   |
|                                                      |   |                                          |     |   |                                            |   |   |   |   |   |   |   |   |   |   |   |
| Net      decrease in net assets resulting from operations |   |                                          | (29,766  | )      |                                            |   | (3,600 | ) |   |   | (18,766 | ) |   |   | (1,800 | ) |
|                                                      |   |                                          |     |   |                                            |   |   |   |   |   |   |   |   |   |   |   |
| Total      decrease in net assets                         |   |                                          | (29,766  | )      |                                            |   | (3,600 | ) |   |   | (18,766 | ) |   |   | (1,800 | ) |
|                                                      |   |                                          |     |   |                                            |   |   |   |   |   |   |   |   |   |   |   |
| Net      Assets:                                          |   |                                          |     |   |                                            |   |   |   |   |   |   |   |   |   |   |   |
| Beginning      of period                                  |   |                                          | (172,307 | )      |                                            |   | (73,491 | ) |   |   | (183,307 | ) |   |   | (75,291 | ) |
|                                                      |   |                                          |     |   |                                            |   |   |   |   |   |   |   |   |   |   |   |
| End      of period                                        |   | $                                             | (202,073 | )      |                                            | $      | (77,091 | ) |   | $ | (202,073 | ) |   | $ | (77,091 | ) |

----

|                                                                                                                                         |   | Six Months Ended June 30, |    |   | Three Months Ended June 30, |   |
|----------------------------------------------------------------------------------------------------------------------------------------------|--------|-----------------------------------------------|---------|--------|-------------------------------------------------|--------|
|                                                                                                                                         |   | 2010                                          |    |   | 2009                                            |   |   | 2010 |   |   | 2009 |   |
| CASH      FLOWS FROM OPERATING ACTIVITIES:                                                                                                   |   |                                          |    |   |                                            |   |   |   |   |   |   |   |
| Net      decrease in net assets resulting from operations                                                                                    |   | $                                             | (29,760 | )      |                                            | $      | (3,600 | ) |   | $ | (18,766 | )$ |   | $ | (1,800 | ) |
| Adjustments      to reconcile net decrease in net assets resulting from operations to net      cash used by operating  activities: |   |                                          |    |   |                                            |   |   |   |   |   |   |   |   |   |   |   |
| Increase      in accrued expenses                                                                                                            |   |                                          | 29,766  |   |                                            |   | 3,600 |   |   |   | 18,766 |   |   |   | 1,800 |   |
|                                                                                                                                         |   |                                          |    |   |                                            |   |   |   |   |   |   |   |   |   |   |   |
|          Net      cash used in operating activities                                             |   |                                          | -       |   |                                            |   | - |   |   |   | - |   |   |   | - |   |
|                                                                                                                                         |   |                                          |    |   |                                            |   |   |   |   |   |   |   |   |   |   |   |
| Net  increase      in cash and cash equivalents                                                                                    |   |                                          | -       |   |                                            |   | - |   |   |   | - |   |   |   | - |   |
| Cash      and cash equivalents at beginning of period                                                                                        |   |                                          | 16,755  |   |                                            |   | - |   |   |   | 16,755 |   |   |   | - |   |
|                                                                                                                                         |   |                                          |    |   |                                            |   |   |   |   |   |   |   |   |   |   |   |
| Cash      and cash equivalents at the end of period                                                                                          |   |                                          | 16,755  |   |                                            |   | - |   |   |   | 16,755 |   |   |   | - |   |

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| A. | Basis      of Presentation: |
|----|-----------------------------|

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| A. | Basis      of Presentation (cont.): |
|----|-------------------------------------|

| B. | Use      of Estimates in Preparation of Financial  Statements: |
|----|----------------------------------------------------------------|

| C. | Cash      and Cash Equivalents: |
|----|---------------------------------|

| D.  | Investments: |
|----------|--------------|

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|   | 1.     | In      May 2009, the FASB issued SFAS 165—Subsequent Events, which was      subsequently included in ASC Topic 855—Subsequent Events, or ASC 855. This      guidance establishes general standards of accounting for and disclosure of      events that occur after the balance sheet date but before financial      statements are issued, and specifically requires the disclosure of the      date through which an entity has evaluated subsequent events and the basis      for that date. We adopted this guidance during the quarter ended June 30,      2009. |
|--------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |

|   | 2.     | In      February 2010, the FASB issued ASU 2010-09 to amend ASC 855 to address      certain implementation issues, including (1) eliminating the requirement      for SEC filers to disclose the date through which it has evaluated      subsequent events, (2) clarifying the period through which conduit bond      obligors must evaluate subsequent events, and (3) refining the scope of      the disclosure requirements for reissued financial statements. The      adoption of this standard did not have a significant impact on our      consolidated financial statements. |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |

|   | 3.     | In      January 2010, the FASB issued ASU No. 2010-01, Accounting for      Distributions to Shareholders with Components of Stock and Cash (“ASU      2001-01”), which addresses the accounting for a distribution to      shareholders that offers them the ability to elect to receive their entire      distribution in cash or shares of equivalent value with a potential      limitation on the total amount of cash that shareholders can receive in      the aggregate. ASU2010-01 clarifies that the stock portion of such a      distribution is considered a share issuance reflected prospectively in      earnings per share. ASU 2010-01 is effective for interim and annual      periods ending after December 15, 2009 and should be applied on a      prospective basis. We adopted the requirements of ASU 2010-01 in the      fourth quarter of 2009 and its adoption did not have a material effect on      our consolidated financial statements. |
|--------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |

|   | 4. | In      January 2010, the FASB issued ASU No. 2010-06, Fair Value Measurements and      Disclosures (“ASU 2010-06”), which amends ASC 820 and requires additional      disclosure related to recurring and nonrecurring fair value measurements      with respect to transfers in and out of Levels 1 and 2 and activity in      Level 3 fair value measurements. The update also clarifies existing      disclosure requirements related to the level of disaggregation and      disclosure about inputs and valuation techniques. ASU 2010-06 is effective      for interim and annual periods beginning after December 15, 2009 except      for disclosures related to activityin |
|--------|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Level      3 fair value measurements which are effective for fiscal years beginning      after December 15, 2010 and for interim periods within those fiscal      years. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Management      is currently evaluating the impact on our consolidated financial      statements of adopting ASU 2010-06. |
|--------|---------------------------------------------------------------------------------------------------------------------------|

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|                                                                                                          |   | Six Months Ended June 30, |      |   | Three Months Ended June 30, |   |
|---------------------------------------------------------------------------------------------------------------|--------|-----------------------------------------------|-----------|--------|-------------------------------------------------|--------|
|                                                                                                          |   | 2010                                          |      |   | 2009                                            |   |   | 2010 |   |   | 2009 |   |
| Numerator      for basic and diluted net decrease in net assets      per share resulting from operations |   | $                                             | (29,760   | )      |                                            | $      | (3,600 | ) |   | $ | (18,766 | ) |   | $ | (1,800 | ) |
| Denominator      for basic and diluted weighted average share:                                           |   |                                          | 2,671,799 |   |                                            |   | 615,460 |   |   |   | 2,671,799 |   |   |   | 615,460 |   |
|                                                                                                          |   |                                          |      |   |                                            |   |   |   |   |   |   |   |   |   |   |   |
| Basic      and diluted net decrease in net assets per share resulting      from operations:              |   | $                                             | (0.011    | )      |                                            | $      | (0.006 | ) |   | $ | (0.007 | )   |   | $ | (0.003 | ) |

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| *      31.1  | Rule      13a-14(a) Certification of Principal Executive Officer.                                                          |
|--------------|----------------------------------------------------------------------------------------------------------------------------|
|         |                                                                                                                       |
| *      31.2  | Rule      13a-14(a) Certification of Principal Financial Officer.                                                          |
|         |                                                                                                                       |
| **      32.1 | Certification      of Principal Executive Officer and Principal Financial Officer Pursuant to      18 U.S.C. Section 1350. |

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|                        | Ametrine      Capital, Inc. |                         |
|-----------------------------|-----------------------------|------------------------------|
|                        |                        |                         |   |
| Dated:      August 12, 2010 | By:                         | /s/      Lior Ostashinsky    |   |
|                        |                        | Lior      Ostashinsky        |   |
|                        |                        | President      and Treasurer |   |
|                        |                        |                         |   |

----