UNITED STATES
                     SECURITIES AND EXCHANGE COMMISSION
                            Washington, DC 20549

                                FORM 10-QSB

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

For the Quarter Ended                                Commission File Number
September 30, 2005                                          333-51180

                         OMEGA VENTURES GROUP, INC.
                       -----------------------------
           (Exact name of registrant as specified in its charter)

                                   NEVADA
                                  --------
       (State or other jurisdiction of incorporation or organization)

                                 87-0661638
                               -------------
                    (I.R.S. Employer Identification No.)

       136 East South Temple, Suite 1600, Salt Lake City, Utah 84111
       --------------------------------------------------------------
                  (Address of principal executive offices)

                               (801) 363-2599
                              ----------------
            (Registrant's telephone number, including area code)

Securities registered pursuant to Section 12 (b) of the Act:

                                    None
                                   -----

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.

                              X   Yes         No
                           -----        -----

State the number of shares outstanding of each of the registrants classes
of common equity, as of the latest practicable date.

Common stock, par value $.001; 49,354,332 shares outstanding as of November
11, 2005

PART I   FINANCIAL INFORMATION

ITEM 1. FINANCIAL STATEMENTS

                OMEGA VENTURES GROUP, INC., AND SUBSIDIARIES
                        (Development Stage Company)
                        CONSOLIDATED BALANCE SHEETS
                  September 30, 2005 and December 31, 2004
<Table>
<Caption>
===========================================================================
                                                  (unaudited)
                                                   Sept 30,       Dec 31,
                                                     2005          2004
                                                 ------------  ------------
<S>                                              <C>           <C>
                                   ASSETS
CURRENT ASSETS
Cash                                            $       577   $       608
                                                 ------------  ------------
   Total Current Assets                                  577           608

FURNITURE AND EQUIPMENT -
net of accumulated depreciation                       4,222         6,772
                                                 ------------  ------------
OTHER ASSETS
Surety deposit                                       25,005        24,967
Web site - net of accumulated amortization             -            3,017
Deposit on land purchase                             10,000          -
Land                                                131,500       131,500
                                                 ------------  ------------
                                                     166,505       159,484
                                                 ------------  ------------
                                                 $   171,304   $   166,864
                                                 ============  ============
                  LIABILITIES AND STOCKHOLDERS' DEFICIENCY
CURRENT LIABILITIES
Notes payable - land                            $   119,676   $   115,072
Accounts payable - affiliates                       120,933       125,587
Accounts payable - related party                     23,925         6,960
Accounts payable                                     89,457        73,352
                                                 ------------  ------------
   Total Current Liabilities                         353,991       320,971
                                                 ------------  ------------
STOCKHOLDERS' DEFICIENCY
Preferred stock
  100,000,000 shares authorized, at $.001
  par value - none issued                               -             -
Common stock
  400,000,000 shares authorized, at $.001
  par value; 49,339,597 shares issued and
  outstanding on September 30, 2005                   49,340        42,990
Capital in excess of par value                      962,944       714,294
Stock subscriptions receivable                     (250,000)         -
Deficit accumulated during the development
  stage                                             (944,971)     (911,391)
                                                 ------------  ------------
   Total Stockholders' Deficit                      (182,687)     (154,107)
                                                 ------------  ------------
                                                 $   171,304   $   166,864
                                                 ============  ============
</Table>
The accompanying notes are an integral part of these financial statements
                                     2

                OMEGA VENTURES GROUP, INC. AND SUBSIDIARIES
                        (Development Stage Company)
             CONSOLIDATED STATEMENT OF OPERATIONS - (unaudited)
  For the Three and Nine Months Ended September 30, 2005 and 2004 and the
    Period September 19, 2000 (Date of Inception) to September 30, 2005

<Table>
<Caption>
=====================================================================================

Sept 19,
                                                  Three Months
Nine Months   2000 to
                                Sept 30,   Sept 30,   Sept 30,   Sept 30,
Sept 30,
                                    2005       2004       2005       2004
     2005
                              ---------- ---------- ---------- ----------
----------
<S>                                  <C>        <C>        <C>        <C>
      <C>
REVENUES                      $    -     $    -     $    -     $    -
$    -
                              ---------- ---------- ---------- ----------
----------
EXPENSES
Market development                -         1,373       -        20,733
387,988
Depreciation & amortization        850      1,092      3,050      3,276
13,372
Administrative                   5,349      6,806     20,964     32,100
459,096
Exploration                       -         1,900       -        25,150
41,584
Development of web site -
  preliminary project stage        -          -          -          -
  25,000
                              ---------- ---------- ---------- ----------
----------
   NET LOSS - before other
   expense                       (6,199)   (11,171)   (24,014)   (81,259)
(927,040)

OTHER INCOME AND EXPENSE
Interest income                     38       -            38         95
    311
Interest expense                (3,220)    (3,300)    (9,604)    (6,623)
(18,242)
                              ---------- ---------- ---------- ----------
----------
NET LOSS                       $ (9,381) $ (14,471) $ (33,580) $ (87,787)
$(944,971)
                              ========== ========== ========== ==========
==========
NET LOSS PER COMMON SHARE
Basic                        $    -     $    -     $    -     $    -
                              ========== ========== ========== ==========
AVERAGE OUTSTANDING SHARES
(stated in 1,000's)
Basic                           49,340     42,065     46,165     41,307
                              ========== ========== ========== ==========
Diluted                         54,439     47,164     51,264     46,406
                              ========== ========== ========== ==========

</Table>

The accompanying notes are an integral part of these financial statements
                                     3

                OMEGA VENTURES GROUP, INC. AND SUBSIDIARIES
                        ( Development Stage Company)

                STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY
           For the Period September 19, 2000 (Date of Inception)
                           to September 30, 2005
<Table>
<Caption>
=====================================================================================
                                                        Common Stock
Capital in
                                                  -----------------------
Excess of     Accumulated
                                           Shares     Amount  Par Value
Deficit
                                      ------------ ---------- ----------
-----------
<S>                                   <C>          <C>        <C>
<C>
Balance September 19, 2000                   -          -          -
    -

Issuance of common stock for cash
at $.001 - September 19, 2000          16,000,000     16,000      -
   -
Issuance of common stock for web site
- September 25, 2000 - Note 3           6,000,000      6,000    19,000
   -
Issuance of common stock for cash
at  $.01 - October 10, 2000             5,000,000      5,000    44,810
   -
Net operating loss for the period
September 19, 2000 to December
31, 2000                                    -          -          -
(47,010)
Issuance of common stock for cash
at $.0012 - January 2001                2,500,000      2,500        500
   -
Net operating loss for the year
ended December 31, 2001                     -          -          -
(11,639)
Issuance of common stock for cash at
$.10 -  net of offering costs -
July 22, 2002                           5,098,500      5,099    405,735
   -
Net operating loss for year
ended December 31, 2002                     -          -          -
(389,097)
Issuance of common stock for services
at $.04 - January through March 2003
- net of cancellations                  1,750,000      1,750     68,250
   -
Issuance of common stock for expenses
at $.02 - March 27, 2003                  125,000        125      2,375
   -
Issuance of common stock for cash
at $.15 - May 30, 2003                    200,000        200     29,800
   -
Issuance of common stock for cash
at $.023 - October 20, 2003             2,500,000      2,500     55,140
   -
Issuance of common stock for expenses
at $.01 - December 2, 2003                300,000        300      2,700
   -
Return and cancellation of common
stock - December 2003                   (500,000)      (500)        500
   -
Net operating loss for the year
ended December 31, 2003                     -          -          -
(342,721)
                                      ------------ ---------- ----------
-----------
Balance December 31, 2003               38,973,500     38,974    628,810
(790,467)
                                      ============ ========== ==========
===========



</Table>

The accompanying notes are an integral part of these financial statements
                                     4

                OMEGA VENTURES GROUP, INC. AND SUBSIDIARIES
                        (Development Stage Company)
          STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY - continued
           For the Period September 19, 2000 (Date of Inception)
                           to September 30, 2005
<Table>
<Caption>
=====================================================================================
                                                        Common Stock
Capital in
                                                  -----------------------
Excess of     Accumulated
                                           Shares     Amount  Par Value
Deficit
                                      ------------ ---------- ----------
-----------
<S>                                   <C>          <C>        <C>
<C>
Issuance of common stock for cash
at $.015 - February 20, 2004            1,000,000      1,000     14,000
   -
Issuance of common stock for expenses
at $.03 - June 2, 2004                  1,543,232      1,543     44,567
   -
Issuance of common stock for expenses
at $.02 - August 25, 2004               1,122,865      1,123     21,334
   -
Issuance of common stock for expenses
at $.017 - October 13, 2004               350,000        350      5,583
   -
Net operating loss for the year
ended December 31, 2004                     -          -          -
(120,924)
                                      ------------ ---------- ----------
-----------
Balance December  31,  2004 - audited   42,989,597     42,990    714,294
(911,391)

Issuance of common stock for expenses
at $.02 - March 2005                      250,000        250      4,750
   -
Issuance of common stock for
subscription receivable - net of
cost - March 2005                       6,100,000      6,100    243,900
   -
Net operating loss for the nine
months ended September 30, 2005             -          -          -
(33,580)
                                      ------------ ---------- ----------
-----------
Balance September 30, 2005 -
unaudited                              49,339,597 $  49,340  $ 962,944   $
(944,971)
                                      ============ ========== ==========
===========


</Table>


The accompanying notes are an integral part of these financial statements
                                     5



                OMEGA VENTURES GROUP, INC. AND SUBSIDIARIES
                       ( Development  Stage Company)
             CONSOLIDATED  STATEMENTS OF CASH FLOWS - unaudited
    For the Nine Months Ended September 30, 2005 and 2004 and the Period
        September 19, 2000 (Date of Inception) to September 30, 2005

<Table>
<Caption>

                                                                        Sept
19, 2000
                                                   Sept 30,    Sept 30,   to
Sept 30,
                                                     2005        2004
  2005
                                                 ----------- -----------
-----------
<S>                                              <C>         <C>
<C>
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss                                         $ (33,580)  $ (87,787)  $
(944,971)
Adjustments to reconcile net loss to
net cash provided by operating activities
  Depreciation & amortization                         3,050       3,276
  13,372
  Change in deposits                                   (386)        (38)
    -
  Change in web site                                  2,517        -
   2,517
  Change in accounts payable                         33,020       52,424
238,920
  Issuance of capital stock for web site               -           -
  25,000
  Issuance of capital stock for services              5,000      68,567
155,000
                                                 ----------- -----------
-----------
Net Decrease in Cash From Operations                  9,969      36,094
(510,200)
                                                 ----------- -----------
-----------
CASH FLOWS FROM INVESTING ACTIVITIES
Surety deposit                                        -           -
(24,968)
Purchase of web site                                  -           -
(5,027)
Purchase land and deposit                          (10,000)       -
(52,100)
Purchase of equipment                                 -           -
(15,084)
                                                 ----------- -----------
-----------
                                                    (10,000)    (52,100)
(186,579)
                                                 ----------- -----------
-----------
CASH FLOWS FROM FINANCING ACTIVITIES
Change in note payable                                -           -
115,072
Net proceeds from issuance of common stock            -         15,000
582,284
                                                 ----------- -----------
-----------
                                                        -        15,000
697,356
                                                 ----------- -----------
-----------
   Net change in Cash                                   (31)     (1,006)
     577

   Cash at Beginning of Period                          608       1,006
    -
                                                 ----------- -----------
-----------
   Cash at End of Period                         $      577  $     -      $
     577
                                                 =========== ===========
===========

NON CASH FLOWS FROM OPERATING ACTIVITIES
Issuance of  6,000,000 common shares for web site - 2000                 $
25,000

-----------
Issuance of 2,175,000 common shares for services - 2003
75,500

-----------
Issuance of 3,016,097 common shares for services and expenses - 2004
74,500

-----------
Issuance of 250,000 common shares for expenses - 2005
  5,000

-----------
</Table>

The accompanying notes are an integral part of these financial statements.
                                     6

                OMEGA VENTURES GROUP, INC. AND SUBSIDIARIES
                        (Development Stage Company)
                       NOTES TO FINANCIAL STATEMENTS
                             September 30, 2005
===========================================================================

1.   ORGANIZATION

     The Company was incorporated under the laws of the State of Nevada on
     September 19, 2000 with the name "Office Managers, Inc" with
     authorized common stock of 50,000,000 shares at $0.001 par value. On
     November 13, 2003 the name was changed to "Omega Ventures Group, Inc."
     in connection with an increase in the  authorized common stock  to
     400,000,000 shares, with the same par value, and the addition of
     authorized preferred shares of 100,000,000 shares with a par value of
     $.001. No terms have been determined for the preferred stock and no
     shares have been issued.

     The Company was organized for the purpose of  acquiring and developing
     a web site on the World Wide  Web devoted exclusively to office
     managers for the purpose of delivering office products and related
     professional services over the  internet, however, the activity was
     discontinued in June 2005.

     On February 13, 2003 the Company organized "Vogue Environmental
     Solutions, Inc". a wholly owned subsidiary.  Vogue has no assets or
     liabilities and  no operations.  On August 20, 2003 the Company
     organized "Western Gas Corporation" , a wholly owned subsidiary  for
     the purpose of the acquisition and exploration of oil and gas leases.
     On November 24, 2003 the Company organized "Arizona Land Corporation"
     , a wholly owned subsidiary, for the purpose of engaging in  land
     investment and development.

     The Company is in the development stage.

2.  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

     Accounting Methods
     ------------------

     The Company recognizes income and expenses based on the accrual method
     of accounting.

     Dividend Policy
     ---------------

     The Company has not adopted a policy regarding payment of dividends.

     Basic and Dilutive Net Income (Loss) Per Share
     ----------------------------------------------

     Basic net income (loss) per share amounts are computed based on the
     weighted average number of shares actually outstanding. Diluted net
     income (loss) per share amounts are computed using the weighted
     average number of common shares and common equivalent shares
     outstanding as if shares had been issued on the exercise of any common
     share rights unless the  exercise becomes antidilutive and then only
     the basic per share amounts are shown in the report.

     The dilutive common shares includes 5,098,500 shares that may be
     issued in the future.


                                     7

                OMEGA VENTURES GROUP,  INC.  AND SUBSIDIARY
                        ( Development Stage Company)
                 NOTES TO FINANCIAL STATEMENTS (Continued)
                             September 30, 2005
===========================================================================
2.  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - continued

     Income Taxes
     ------------

     The Company utilizes the liability method of accounting for income
     taxes.  Under the liability method deferred tax assets and liabilities
     are determined based on the differences between financial reporting
     and the tax bases of the assets and liabilities and are measured using
     the enacted tax rates and laws that will be in effect, when the
     differences are expected to reverse.  An allowance against deferred
     tax assets is recorded, when it is more likely than not, that such tax
     benefits will not be realized.

     On June 30, 2005, the Company and its subsidiaries  had a  net
     operating loss available for carry forward of  $944,971.  The income
     tax benefit of  approximately $283,000 from the loss carry forward
     has been fully offset by a valuation reserve because the use of the
     future tax benefit is doubtful since the Company has no operations.
     The net operating loss will expire in 2026.

     Capitalization of Oil Leases Costs
     ----------------------------------

     The Company  uses the successful efforts cost method for recording
     its oil  lease interests, which provides for capitalizing the purchase
     price of the project and the additional costs directly related to
     proving the  properties and amortizing these amounts over the life of
     the reserve when operations begin or a shorter period  if  the
     property is shown to have an impairment in value or expensing the
     remaining balance if it is proven to be of no value.

     Environmental Requirements
     --------------------------

     At the  report  date  environmental  requirements  related to the oil
     and gas leases acquired  are unknown  and  therefore an estimate of
     any future  cost cannot be made.

     Financial Instruments
     ---------------------

     The carrying amounts of financial instruments, including cash and
     accounts payable,  are considered by management to be their estimated
     fair values due to their short term maturities.

     Recent Accounting Pronouncements
     --------------------------------

     The Company does not expect that the adoption of other recent
     accounting pronouncements will have a material impact on its
     financial statements.



                                     8


                 OMEGA VENTURES GROUP, INC. AND SUBSIDIARY
                        (Development Stage Company)
                 NOTES TO FINANCIAL STATEMENTS (Continued)
                             September 30, 2005
===========================================================================

2.  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - continued

     Financial and Concentrations Risk
     ---------------------------------

     The Company does not have any concentration or related financial
     credit risk.

     Revenue Recognition
     -------------------

     Revenue will be recognized on the sale and delivery of a product or
     the completion of a service provided.

     Advertising and Market Development
     ----------------------------------

     The company expenses advertising and market development costs as
     incurred.

     Principles of Consolidation
     ---------------------------

     The consolidated financial statements include the assets, liabilities,
     and operations of the Company and its wholly owned subsidiaries.  All
     intercompany transactions have been eliminated

     Estimates and Assumptions
     -------------------------

     Management uses estimates and assumptions in preparing financial
     statements in accordance with generally accepted accounting
     principles.  Those estimates and assumptions affect the reported
     amounts of the assets and liabilities, the disclosure of contingent
     assets and liabilities, and the reported revenues and expenses.
     Actual results could vary from the estimates that were assumed in
     preparing these financial statements.

     Office equipment
     ----------------

     Office equipment is depreciated over 3 and 7 years using the straight
     line method.

     <Table>
     <S>                                         <C>
     Cost                                         $  15,084
     Less accumulated depreciation                   10,862
                                                  ----------
          Net                                         4,222
                                                  ==========
     </Table>

                                     9

                 OMEGA VENTURES GROUP, INC. AND SUBSIDIARY
                        (Development Stage Company)
                 NOTES TO FINANCIAL STATEMENTS (Continued)
                             September 30, 2005


3.  OIL AND GAS LEASES

     During August 2003 Western Gas Corporation (subsidiary) acquired an
     undivided 2.5% working interest, with a 1.875% net revenue in a 75%
     interest, in an oil and gas lease known as "Mana Huilla Creek
     Prospect" located in Goliad County , Texas.

     The lease has not been proven and therefore all costs for acquisition
     and exploration have been expensed.

4.  NOTES PAYABLE

     The Company is obligated under two installment sales contracts for the
     purchase of land.  The amount financed was $115,650 with 180 payments
     of $1,327.50, including interest of  11.14%.  The amounts shown in the
     balance sheet includes principal and accrued interest to September 30,
     2005. The payments are in arrears on September 30, 2005.

5.  SIGNIFICANT TRANSACTIONS WITH RELATED PARTIES

     Officers-directors, and Apex Resources, Inc. (an affiliate by common
     officers) have acquired 27% of the common stock issued.

     Related parties have made no interest, demand loans to the Company of
     $23,925.

     A Company affiliate has made no interest, demand loans to the Company
     of $120,933.

6.  CAPITAL STOCK

     During July 2002  the Company completed the sale of an offering of
     5,098,500 units at $.10 per unit. Each unit consists of one share of
     common stock,  one  redeemable A  warrant to purchase an additional
     common share  at $.50 by July 10, 2003 (expired),  and one redeemable
     B warrant to purchase an additional  common share  at $1.20 by July
     10, 2007 which would amount to the issuance of 5,098,500 additional
     shares.  On the report date no warrants had been redeemed.

     During 2004 the Company issued 1,000,000 restricted common shares for
     $15,000 and 3,016,097 restricted common shares for services and
     expenses.

     During the first quarter 2005 the Company issued 250,000 restricted
     common shares at $.02 for expenses and 6,100,000 restricted common
     shares for  stock subscriptions receivable of $250,000.

                                     10

                OMEGA VENTURES GROUP,  INC.  AND SUBSIDIARY
                        ( Development Stage Company)
                 NOTES TO FINANCIAL STATEMENTS (Continued)
                             September 30, 2005

7.  GOING CONCERN

     The Company intends  to continue the  development of its business
     interests,  however, there is insufficient  working capital necessary
     to be successful in this effort and to service its debt.

     Continuation of the Company  as a going concern is dependent upon
     obtaining additional working capital and the management of the Company
     has developed a strategy, which it believes will accomplish this
     objective, through short term related party loans,  long term
     financing, and additional equity funding,  which will enable the
     Company to operate for the coming year.

8.  EARNEST  MONEY  DEPOSIT

     During the quarter ended March 31, 2005 the Company entered into a
     contract for the purchase of land for $550,000.  The terms include an
     earnest money  deposit of $10,000, which was advanced by  a Company
     officer, and the balance due on the closing date,  to be  determined.

Item 2.  Plan of Operations

     This Form 10-QSB contains certain forward-looking statements.  For
this purpose any statements contained in this Form 10-QSB that are not
statements of historical fact may be deemed to be forward-looking
statements.  Without limiting the foregoing, words such as "may," "will,"
"expect," "believe," "anticipate," "estimate" or "continue" or comparable
terminology are intended to identify forward-looking statements.  These
statements by their nature involve substantial risks and uncertainties.
Actual results may differ materially depending on a variety of factors.
For a complete understanding, this Plan of Operations should be read in
conjunction with Part I- Item 1. Financial Statements to this Form 10-QSB.

General
-------

     The primary business of Omega Ventures Group Inc., is to oversee the
operations of its three wholly-owned subsidiaries:

     -    Western Gas Corporation
     -    Arizona Land Corporation
     -    Vogue Environmental Solutions, Inc.

            Western Gas Corporation
            -----------------------

            Due to a lack of funds, Western Gas did not engage in any
exploration
activities during the quarter ended September 30, 2005.



                                     11

            Arizona Land Corporation
            ------------------------

            On April 15, 2005, the Company paid an additional $5,000 non-
refundable payment to extend the closing on the commercial lot in Salt Lake
City, Utah, to September 2005.  The parties did not close on the commercial
lot in September 2005.  As of the date of this report, the Company has not
been notified by the sellers that they do not intend to proceed with the
purchase contract.

            As of September 30, 2005, Arizona Land is in arrears on its
monthly
payments on its three undeveloped lots in Woodland Valley Ranch and its two
undeveloped lots in Elk Valley Ranch in the approximate amount of $9450.

            Vogue Environmental Solutions, Inc.
            -----------------------------------

            Due to a lack of funds, Vogue Environmental Solutions did not
engage
in active operations during the quarter.


SOURCE OF FUNDS
---------------

            Because the Company is not currently generating revenue, it is
dependent upon loans from related parties and private sales of its
securities to fund its operations.

            NOTE 7 OF THE NOTES TO THE UNAUDITED CONSOLIDATED FINANCIAL
STATEMENTS
states that the Company will need additional capital to service its debt
and funds it planned activities, which raises substantial doubt about the
Company's ability to continue as a going concern.  The Company has never
generated revenue and it is unlikely the Company will generate revenue
during 2005, which raises substantial doubt about the Company's ability to
continue as a going concern.  To continue operations, the Company will need
to obtain funding from third parties.  This funding may be sought by means
of private equity or debt financing by the Company.  The Company currently
has no commitments from any party to provide funding and there is no way to
predict when, or if, any such funding could materialize.  There is no
assurance that the Company will be successful in obtaining additional
funding on attractive terms or at all.  If the Company is unsuccessful in
obtaining additional funding, the Company may be unable to continue
operations as it has insufficient working capital necessary to meet its
expenses and service its debt.

RESULTS OF OPERATIONS
---------------------

            During the period from inception, September 19, 2000, to
September 30,
2005, the Company has generated no revenue.  The Company does not expect to
generate any revenue through the remainder of 2005.

            As of September 30, 2005, the Company had an accumulated deficit
of
$171,304 funded by paid-in capital.  At September 30, 2005, the Company had
total current assets of $577 and total current liabilities of $353,991
compared to total current assets of $608 and total current liabilities of
$320,971 on December 31, 2004.  The primary factors contributing the
increase in accumulated deficit and total current liabilities are increases
in notes payable for the purchase of land and accounts payable to related
and unrelated parties during the nine months ended September 30, 2005.

                                     12

            COMPARISON OF THE THREE MONTHS ENDED SEPTEMBER 30, 2005 AND 2004
            ----------------------------------------------------------------

            During the three months ended September 30, 2005, the Company
incurred
operating expenses of $6,199 compared to $11,171 during the three months
ended September 30, 2004.  This decrease in operating expenses was
primarily attributable to the fact that the Company had limited funds with
which to operate during the third quarter 2005 and therefore limited its
activities as much as possible.  During the three months ended September
30, 2005, the Company incurred no expenses for market development or
exploration, compared to $1,373 during the three months ended September 30,
2005.  During the third quarter 2005, the Company incurred $5,349 in
administrative expenses, compared to $6,806 in the third quarter 2004.
Also during the third quarter 2004, the Company incurred $1,900 in
exploration expenses.  The Company had no similar expense in the third
quarter 2005.  Interest expense remained fairly constant as the Company
incurred $3,220 in interest expense in the third quarter 2005, compared to
$3,300 in the third quarter 2004.  These overall reductions in expenses
resulted in a net loss during the three months ended September 30, 2005 of
$9,381, compared to a net loss in the three months ended September 30, 2004
of $14,471.  The Company anticipates its expenses and losses will continue
at a rate consistent with the third quarter 2005 until such time as the
Company can raise additional funds to pursue operations.

            COMPARISON OF THE NINE MONTHS ENDED SEPTEMBER 30, 2005 AND 2004
            ---------------------------------------------------------------

            During the nine months ended September 30, 2005, the Company
incurred
operating expenses of $24,014 compared to $81,259 during the nine months
ended September 30, 2004.  As stated above, this decrease in operating
expenses is attributable to the fact that the Company has had limited funds
with which to fund operations during the first nine months of 2005.  During
the nine months ended September 30, 2005, the Company incurred no expenses
for market development or exploration, compared to $20,733 during the nine
months ended September 30, 2004.  During the nine month period ended
September 30, 2005, the Company incurred $20,964 in administrative
expenses, compared to $32,100 during the nine months ended September 30,
2004.  Also during the nine months ended September 30, 2004, the Company
incurred $25,150 in exploration expenses.  The Company has not engaged in
exploration activities during 2005.  As a result of its land acquisitions,
the Company has incurred $9,604 in interest expense during the nine months
of 2005, compared to $6,623 during the nine months of 2004.  These overall
reductions in expenses resulted in a net loss during the nine months ended
September 30, 2005 of $33,580, compared to a net loss during the nine month
period ended September 30, 2004 of $87,787.  The Company anticipates its
expenses and losses will continue at a rate consistent with those incurred
during the first nine months of 2005, until such time as the Company can
raise additional funds to pursue operations.


                                     13

LIQUIDITY AND CAPITAL RESOURCES
-------------------------------

            The Company has financed its operations mainly through the sale
of its
common stock and through loans from related parties.  Since inception, the
Company has been entirely dependent upon outside sources of financing for
continuation of operations.  As stated previously, there is no assurance
that the Company will be successful in obtaining additional funding on
acceptable terms or at all.  As of September 30, 2005, the Company had cash
on hand of $577.  During the first quarter 2005, the Company issued
5,000,000 shares for stock subscriptions receivable of $250,000.  As of
September 30, 2005, the Company has not received any of the funds for the
stock subscriptions.  The 5,000,000 shares are being held in escrow to be
released as funds are received.  It is unclear at this time when or if the
Company will receive these funds.  It is also unclear whether the Company
will have sufficient funds to maintain operations through the remainder of
fiscal 2005.

            The Company has exhausted the funds raised in its initial public
offering, and all funds subsequently raised in private placement
transactions.  Moreover, it is unlikely the Company will realize revenue
from the operations of any of its subsidiaries in through the remainder of
2005.  Therefore, unless the Company is able to raise additional funding
through the sell of equity or debt securities, it is unclear how long the
Company may be able to continue operations.

ITEM 3.   CONTROLS AND PROCEDURES

            The Company's principal executive officers and our principal
financial
officer (the "CERTIFYING OFFICERS") are responsible for establishing and
maintaining disclosure controls and procedures (as defined in Exchange Act
Rules 13a-15(e) and 15d-15(e). Such officers have concluded (based upon
their evaluations of these controls and procedures as of the end of the
period covered by this report) that the Company's disclosure controls and
procedures are effective to ensure that information required to be
disclosed by it in this report is accumulated and communicated to
management, including the Certifying Officers as appropriate, to allow
timely decisions regarding required disclosure.

            The Certifying Officers have also indicated that there were no
significant changes in the Company's internal controls over financial
reporting or other factors that could significantly affect such controls
subsequent to the date of their evaluation, and there were no significant
deficiencies and material weaknesses.


                                     14

            Management, including the Certifying Officers, does not expect
that
the Company's disclosure controls or its internal controls will prevent all
error and all fraud. A control system, no matter how well conceived and
operated, can provide only reasonable, not absolute, assurance that the
objectives of the control system are met.  In addition, the design of a
control system must reflect the fact that there are resource constraints,
and the benefits of controls must be considered relative to their costs.
Because of the inherent limitations in all control systems, no evaluation
of controls can provide absolute assurance that all control issues and
instances of fraud, if any, within a company have been detected.  These
inherent limitations include the realities that judgments in decision-
making can be faulty, and that breakdowns can occur because of simple error
or mistake.  Additionally, controls can be circumvented by the individual
acts of some persons, by collusion of two or more people or by management
override of the control.  The design of any systems of controls is also
based in part upon certain assumptions about the likelihood of future
events, and there can be no assurance that any design will succeed in
achieving its stated goals under all potential future conditions.  Because
of these inherent limitations in a cost-effective control system,
misstatements due to error or fraud may occur and may not be detected.

                        PART II - OTHER INFORMATION


ITEM 6.  EXHIBITS

     A.   Exhibits.  The following exhibits are included as part of this
report:

     Exhibit No.    Exhibit


     31.1           Certification of Principal Executive Officer pursuant
                    to Section 302 of the Sarbanes-Oxley Act of 2002.
     31.2           Certification of Principal Financial Officer pursuant
                    to Section 302 of the Sarbanes-Oxley Act of 2002.
     32.1           Certification of Principal Executive Officer pursuant
                    to Section 906 of the Sarbanes-Oxley Act of 2002.
     32.2           Certification of Principal Financial Officer pursuant
                    to Section 906 of the Sarbanes-Oxley Act of 2002.



                                 SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this to be signed on its behalf by the
undersigned thereunto duly authorized.


                         OMEGA VENTURES GROUP, INC.



November 17, 2005        /S/ John M. Hickey
                         -----------------------------------------------
                             John M. Hickey, Principal Executive Officer

November 17, 2005        /S/ John Ray Rask
                         -----------------------------------------------
                             John Ray Rask, Principal Financial Officer

                                     15