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**UNITED      STATES**

**SECURITIES      AND EXCHANGE COMMISSION**

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**FORM      10-QSB**

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**December      31, 2005**

**3**
**33-120908**

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**GLOBAL      MUSIC INTERNATIONAL, INC.**

| **Florida**                                                                   | **20-1354562**                               |
|-------------------------------------------------------------------------------|----------------------------------------------|
| (State                or other jurisdiction of incorporation or organization) | (I.R.S.                Employer I.D. Number) |

**30      Grassy Plain Street, Suite 7, Bethel, Connecticut 06801**

**(203)      730-0888**

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**INDEX**

|                                                         | Page                No. |
|--------------------------------------------------------------|-------------------------|
|                                                         |                    |
| **PART                1.   FINANCIAL INFORMATION** |                    |
|                                                         |                    |   |   |
|                                                         | Item                1.  | Financial                Statements | 3 |
|                                                         |                    |   |   |
|                                                         |                    | Condensed                Balance Sheet, December 31, 2005 (unaudited) and                June 30, 2005 | 3 |
|                                                         |                    |   |   |
|                                                         |                    | Condensed                Statements of Operations, for the three and                six month periods ended December 31, 2005 |   |
|                                                         |                    | and                2004 and cumulative from inception (July 1, 2004)                to December                31, 2005 (unaudited) | 4 |
|                                                         |                    |  |  |
|                                                         |                    | Condensed                Statement of Changes in Stockholders’ Deficiency                cumulative from |   |
|                                                         |                    | inception                (July 1, 2004) to December 31, 2005                (unaudited) | 5 |
|                                                         |                    |   |   |
|                                                         |                    | Condensed                Statements of Cash Flows, for the six month                periods ended December 31, 2005 |   |
|                                                         |                    | and                2004 and cumulative from inception (July 1, 2004) to                December                31, 2005 (unaudited) | 6 |
|                                                         |                    |   |   |
|                                                         |                    | Notes                to Condensed Financial Statements                (unaudited) | 7 |
|                                                         |                    |   |   |
|                                                         | Item                2.  | Management’s                Discussion and Analysis or Plan of Operation | 10 |
|                                                         |                    |   |   |
|                                                         | Item                3.  | Controls                and Procedures | 12 |
|                                                         |                    |   |   |
| **PART                II.   OTHER INFORMATION**    |                    |
|                                                         |                    |   |   |
|                                                         | Item                1.  | Legal                Proceedings | 13 |
|                                                         |                    |   |   |
|                                                         | Item                2.  | Unregistered                Sales of Equity Securities and Use of                Proceeds | 13 |
|                                                         |                    |   |   |
|                                                         | Item                3.  | Defaults                Upon Senior Securities | 13 |
|                                                         |                    |   |   |
|                                                         | Item                4.  | Submission                of Matters to a Vote of Security                Holders | 13 |
|                                                         |                    |   |   |
|                                                         | Item                5.  | Other                Information | 13 |
|                                                         |                    |   |   |
|                                                         | Item                6.  | Exhibits                and Reports on Form 8-K | 13 |

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**PART      1.          ****FINANCIAL      INFORMATION**      

**Item      1.          **
**Financial      Statements**

**GLOBAL      MUSIC INTERNATIONAL, INC. **

**(A      DEVELOPMENT STAGE COMPANY) **

**CONDENSED      BALANCE SHEETS**

**ASSETS**

|                                                                |   | **December                  31, 2005** |       |  **June                  30, 2005** |   |
|---------------------------------------------------------------------|--------|----------------------------------------|------------|------------------------------------------|--------|
|                                                                |   | (unaudited)                            |       |                                     |   |   |
| Cash                                                                |   | $                                      | 56,974     |                                     | $      | 117,058 |   |
| Prepaid                  Expenses                                   |   |                                   | 26,400     |                                     |   | 143,287 |   |
| Other                  Current Assets                               |   |                                   | 7,000      |                                     |   | — |   |
| Total                  Current Assets                          |   |                                   | 90,374     |                                     |   | 260,345 |   |
|                                                                |   |                                   |       |                                     |   |   |   |
| Property                  and Equipment, net                        |   |                                   | 76,167     |                                     |   | 96,171 |   |
| **TOTAL                  ASSETS**                                   |   | $                                      | 166,541    |                                     | $      | 356,516 |   |
|                                                                |   |                                   |       |                                     |   |   |   |
| **LIABILITIES                  AND STOCKHOLDERS' DEFICIENCY**       |
|                                                                |   |                                   |       |                                     |   |   |   |
| **LIABILITIES**                                                     |   |                                   |       |                                     |   |   |   |
| Accounts                  Payable                                   |   | $                                      | 23,122     |                                     | $      | 8,489 |   |
| Accrued                  Interest                                   |   |                                   | 119,403    |                                     |   | 85,173 |   |
| Accrued                  Expenses                                   |   |                                   | 10,000     |                                     |   | 3,500 |   |
| Advance                  from Officer / Director                    |   |                                   | 50,000     |                                     |   | — |   |
| Note                  Payable to Officer / Director                 |   |                                   | 1,131,680  |                                     |   | 1,131,680 |   |
| Total                  Current Liabilities                     |   |                                   | 1,334,205  |                                     |   | 1,228,842 |   |
|                                                                |   |                                   |       |                                     |   |   |   |
| **STOCKHOLDERS'                  DEFICIENCY**                       |   |                                   |       |                                     |   |   |   |
| Common                  Stock, $.0001 par value,                    |   |                                   |       |                                     |   |   |   |
| 40,000,000                  shares authorized, 21,937,000      |   |                                   |            |                                     |   |  |   |
| and                  21,657,000 shares issued and outstanding  |   |                                   | 2,194      |                                     |   | 2,166 |   |
| Common                  Stock To Be Issued                          |   |                                   | —    |                                     |   | 393,600 |   |
| Additional                  Paid-In Capital                         |   |                                   | 743,587    |                                     |   | 350,015 |   |
| Deficit                  Accumulated During the Development Stage   |   |                                   | (1,913,445 | )                                        |   | (1,618,107 | ) |
| Total                  Stockholders' Deficiency                |   |                                   | (1,167,664 | )                                        |   | (872,326 | ) |
| **TOTAL                  LIABILITIES AND STOCKHOLDERS' DEFICIENCY** |   | $                                      | 166,541    |                                     | $      | 356,516 |   |

*The        accompanying notes are an integral part of these condensed financial        statements*

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**GLOBAL        MUSIC INTERNATIONAL, INC.**

**(A        DEVELOPMENT STAGE COMPANY) **

**CONDENSED        STATEMENTS OF OPERATIONS (UNAUDITED) **

|                                                              |   | **Three                  Month Period Ended** |       | **Six                  Month Period Ended** |   | **Cumulative                  From****Inception****(July                  1, 2004) To** |   |
|-------------------------------------------------------------------|--------|-----------------------------------------------|------------|---------------------------------------------|--------|-----------------------------------------------------------------------------------------|--------|
|                                                              |   | **December                  31, 2005**        |       | **December                  31, 2004**      |   | **December                  31, 2005**                                                  |   | **December                  31, 2004** |   | **December                  31, 2005** |   |
|                                                              |   |                                          |       |                                        |   |                                                                                    |   |   |   |   |   |
| Revenues                                                          |   | $                                             | —    |                                        | $      | —                                                                                 |   | $ | — |   | $ | — |   | $ | — |   |
|                                                              |   |                                          |       |                                        |   |                                                                                    |   |   |   |   |   |   |   |   |   |   |
| Expenses                                                          |   |                                          |       |                                        |   |                                                                                    |   |   |   |   |   |   |   |   |   |   |
| Consulting                  and Professional Fees Expense    |   |                                          | 76,824     |                                        |   | —                                                                                 |   |   | 158,724 |   |   | — |   |   | 172,374 |   |
| General                  and Administrative Expenses         |   |                                          | 39,942     |                                        |   | 22,161                                                                                  |   |   | 79,306 |   |   | 24,671 |   |   | 172,593 |   |
| Interest                  Expense                            |   |                                          | 17,115     |                                        |   | 20,625                                                                                  |   |   | 34,230 |   |   | 37,500 |   |   | 119,403 |   |
| Depreciation                  Expense                        |   |                                          | 11,539     |                                        |   | 9,541                                                                                   |   |   | 23,078 |   |   | 19,083 |   |   | 63,325 |   |
|                                                              |   |                                          | 145,420    |                                        |   | 52,327                                                                                  |   |   | 295,338 |   |   | 81,254 |   |   | 527,695 |   |
|                                                              |   |                                          |       |                                        |   |                                                                                    |   |   |   |   |   |   |   |   |   |   |
|  Loss                  Before Provision For Income Taxes     |   |                                          | (145,420   | )                                           |   | (52,327                                                                                 | )      |   | (295,338 | ) |   | (81,254 | ) |   | (527,695 | ) |
| Provision                  For Income Taxes                       |   |                                          | —    |                                        |   | —                                                                                 |   |   | — |   |   | — |   |   | 250 |   |
|  Net                  Loss                                   |   | $                                             | (145,420   | )                                           | $      | (52,327                                                                                 | )      | $ | (295,338 | ) | $ | (81,254 | ) | $ | (527,945 | ) |
|                                                              |   |                                          |       |                                        |   |                                                                                    |   |   |   |   |   |   |   |   |   |   |
|                                                              |   |                                          |       |                                        |   |                                                                                    |   |   |   |   |   |   |   |   |   |   |
| Basic                  Net Loss Per Common Share             |   | $                                             | (0.01      | )                                           | $      | NIL                                                                                     |   | $ | (0.01 | ) | $ | NIL |   |   |   |   |
|                                                              |   |                                          |       |                                        |   |                                                                                    |   |   |   |   |   |   |   |   |   |   |
| Weighted                  Average Common Shares Outstanding  |   |                                          | 21,937,000 |                                        |   | 20,350,000                                                                              |   |   | 21,937,000 |   |   | 20,350,000 |   |   |   |   |

*The      accompanying notes are an integral part of      these condensed financial statements*

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**GLOBAL        MUSIC INTERNATIONAL, INC.**

**(A        DEVELOPMENT STAGE COMPANY)**

**STATEMENT        OF CHANGES IN STOCKHOLDERS' DEFICIENCY**

**CUMULATIVE        FROM INCEPTION (JULY 1, 2004) TO DECEMBER 31, 2005        (UNAUDITED)**

|                                            |   | **Common                    Stock** |       | **Additional**  |       | **Deficit****AccumulatedDuring                    the****Development** |       | **TotalStockholders’** |       |
|-------------------------------------------------|--------|-------------------------------------|------------|-----------------|------------|------------------------------------------------------------------------|------------|------------------------------|------------|
|                                            |   | **Shares**                          |       | **Value ** | ** ** | **Paid-in                    Capital **                           | ** ** | ** Stage **        | ** ** | **Deficiency**  |   |
|                                            |   |                                |       |       |       |                                                              |       |                    |       |    |   |
| Common                    Stock                 |   |                                |       |            |       |                                                                   |       |                         |       |   |   |   |   |   |   |   |
| Issued                    in connection with:   |   |                                |       |            |       |                                                                   |       |                         |       |   |   |   |   |   |   |   |
|                                            |   |                                |       |            |       |                                                                   |       |                         |       |   |   |   |   |   |   |   |
| Incorporation                    (July 1, 2004) |   |                                | 20,350,000 |            | $          | 2,035                                                                  |       | $                            | —    |   | $ | — |   | $ | 2,035 |   |
|                                            |   |                                |       |            |       |                                                                   |       |                         |       |   |   |   |   |   |   |   |
| Private                    placements           |   |                                | 1,507,000  |            |       | 151                                                                    |       |                         | 589,995    |   |   | — |   |   | 590,146 |   |
|                                            |   |                                |       |            |       |                                                                   |       |                         |       |   |   |   |   |   |   |   |
| Services                    to be rendered      |   |                                | 80,000     |            |       | 8                                                                      |       |                         | 153,592    |   |   | — |   |   | 153,600 |   |
|                                            |   |                                |       |            |       |                                                                   |       |                         |       |   |   |   |   |   |   |   |
| Dividend                                        |   |                                | —    |            |       | —                                                                |       |                         | —    |   |   | (1,385,500 | ) |   | (1,385,500 | ) |
|                                            |   |                                |       |            |       |                                                                   |       |                         |       |   |   |   |   |   |   |   |
| Net                    loss                     |   |                                | —    |            |       | —                                                                |       |                         | —    |   |   | (527,945 | ) |   | (527,945 | ) |
|                                            |   |                                |       |            |       |                                                                   |       |                         |       |   |   |   |   |   |   |   |
| Balance,                    December 31, 2005   |   |                                | 21,937,000 |            | $          | 2,194                                                                  |       | $                            | 743,587    |   | $ | (1,913,445 | ) | $ | (1,167,664 | ) |

*The        accompanying notes are an integral part of these condensed financial        statements*

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****GLOBAL        MUSIC INTERNATIONAL, INC.****

**(A        DEVELOPMENT STAGE COMPANY) **

**CONDENSED        STATEMENTS OF CASH FLOWS (UNAUDITED)**

|                                                                       |        | **Six                Month Periods Ended** |     | **Cumulative                From****Inception****(July                1, 2004) To** |   |
|----------------------------------------------------------------------------|--------|--------------------------------------------|----------|-------------------------------------------------------------------------------------|--------|
|                                                                       |        | **December                31, 2005**       |     | **December                31, 2004**                                                |   | **December                31, 2005** |   |
| **CASH                FLOWS FROM OPERATING ACTIVITIES:**                   |        |                                       |     |                                                                                |   |   |   |
| Net                loss                                               |   | $                                          | (295,338 | )                                                                                   | $      | (81,254 | ) | $ | (527,945 | ) |
| Adjustments                to reconcile net loss to net cash          |   |                                       |     |                                                                                |   |   |   |   |   |   |
| used                in operating activities:                          |   |                                       |     |                                                                                |   |   |   |   |   |   |
| Depreciation                expense                                        |   |                                       | 23,078   |                                                                                |   | 19,083 |   |   | 63,325 |   |
| Compensation                expense pursuant to common stock          |   |                                       |     |                                                                                |   |   |   |   |   |   |
| issued                to founders at time of incorporation                 |   |                                       | —  |                                                                                |   | — |   |   | 2,035 |   |
| Consulting                expense pursuant to common stock            |   |                                       |     |                                                                                |   |   |   |   |   |   |
| issued                in exchange for services received                    |   |                                       | 116,800  |                                                                                |   | — |   |   | 127,200 |   |
| Changes                in assets and liabilities:                     |   |                                       |     |                                                                                |   |   |   |   |   |   |
| (Increase)                decrease in:                                     |   |                                       |     |                                                                                |   |   |   |   |   |   |
| Prepaid                Expenses                                            |   |                                       | 87       |                                                                                |   | (237 | ) |   | — |   |
| Other                Current Assets                                        |   |                                       | (7,000   | )                                                                                   |   | — |   |   | (7,000 | ) |
| Increase                (decrease) in:                                     |   |                                       |     |                                                                                |   |   |   |   |   |   |
| Accounts                Payable                                            |   |                                       | 14,633   |                                                                                |   | 12,500 |   |   | 23,122 |   |
| Accrued                Interest                                            |   |                                       | 34,230   |                                                                                |   | 37,500 |   |   | 119,403 |   |
| Accrued                Expenses                                            |   |                                       | 6,500    |                                                                                |   | — |   |   | 10,000 |   |
| Net                cash used in operating activities                       |   |                                       | (107,010 | )                                                                                   |   | (12,408 | ) |   | (189,860 | ) |
|                                                                       |   |                                       |     |                                                                                |   |   |   |   |   |   |
| **CASH                FLOWS FROM INVESTING ACTIVITIES:**                   |   |                                       |     |                                                                                |   |   |   |   |   |   |
| Purchases                of Property and Equipment                    |   |                                       | (3,074   | )                                                                                   |   | — |   |   | (24,992 | ) |
| Net                cash used in investing activities                       |   |                                       | (3,074   | )                                                                                   |   | — |   |   | (24,992 | ) |
|                                                                       |   |                                       |     |                                                                                |   |   |   |   |   |   |
| **CASH                FLOWS FROM FINANCING ACTIVITIES:**                   |   |                                       |     |                                                                                |   |   |   |   |   |   |
| Advance                from Officer/Director                          |   |                                       | 50,000   |                                                                                |   | 8,012 |   |   | 50,000 |   |
| Proceeds                from Private Placement Offering, net          |   |                                       | —  |                                                                                |   | 232,181 |   |   | 590,146 |   |
| Repayments                of Note Payable to Officer/Director         |   |                                       | —  |                                                                                |   | — |   |   | (368,320 | ) |
|                                                                       |   |                                       |     |                                                                                |   |   |   |   |   |   |
| Net                cash provided by financing activities                   |   |                                       | 50,000   |                                                                                |   | 240,193 |   |   | 271,826 |   |
| (Decrease)                increase in cash                                 |   |                                       | (60,084  | )                                                                                   |   | 227,785 |   |   | 56,974 |   |
| Cash,                beginning of period                                   |   |                                       | 117,058  |                                                                                |   | — |   |   | — |   |
| Cash,                end of period                                         |   | $                                          | 56,974   |                                                                                | $      | 227,785 |   | $ | 56,974 |   |
|                                                                       |   |                                       |     |                                                                                |   |   |   |   |   |   |
| Supplemental                disclosures of cash flow information:     |   |                                       |     |                                                                                |   |   |   |   |   |   |
| Non-cash                investing and financing activities                 |   |                                       |     |                                                                                |   |   |   |   |   |   |
| Note                payable recorded in connection with purchase of        |   |                                       |     |                                                                                |   |   |   |   |   |   |
| equipment                and recognition of dividend to officer / director |   | $                                          | —  |                                                                                | $      | 1,500,000 |   | $ | 1,500,000 |   |
| Prepaid                expenses recorded in connection with common         |   |                                       |     |                                                                                |   |   |   |   |   |   |
| stock                issued in exchange for services to be rendered        |   | $                                          | —  |                                                                                | $      | — |   | $ | 26,400 |   |

*The      accompanying notes are an integral part of these condensed financial      statements*

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**GLOBAL      MUSIC INTERNATIONAL, INC.**

**(A        DEVELOPMENT STAGE COMPANY)**

**NOTES        TO CONDENSED FINANCIAL STATEMENTS**

**(UNAUDITED)**

| **NOTE                  1 - BASIS OF PRESENTATION** |
|-----------------------------------------------------|

|   | The                  accompanying unaudited condensed financial statements have been                  prepared                  in accordance with accounting principles generally accepted in                  the United                  States of America and the rules and regulations of the Securities                  and                  Exchange Commission (the “SEC”) for interim financial reporting. Certain                  information and footnote disclosures normally included in the Company's                  annual financial statements have been condensed or omitted. In                  the                  Company's opinion, the unaudited interim financial statements and                  accompanying notes reflect all adjustments, consisting of normal                  and                  recurring adjustments that are necessary for a fair presentation                  of its                  financial position and operating results for the interim periods                  ended                  December 31, 2005 and 2004 and cumulative from inception (July                  1, 2004) to                  December 31, 2005. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
|   | The                  results of operations for the interim periods are not necessarily                  indicative of the results to be experienced for the entire fiscal                  year.                  This Form 10-QSB should be read in conjunction with the financial                  statements and notes thereto included in the Company's Form 10-KSB                  which                  contains audited financial statements as of June 30, 2005 and for                  the                  period commencing July 1, 2004 (inception) through June 30,                  2005.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |

| **NOTE                  2 - SIGNIFICANT ACCOUNTING POLICIES** |
|---------------------------------------------------------------|
|                                                          |   |
|                                                          | **NATURE                  OF OPERATIONS**  |
|                                                          |   |
|                                                          | Global                  Music International, Inc. (a Development Stage Company) (the “Company”),                  doing business as Independent Music Network and IMNTV, operates                  a                  diversified entertainment company which is presently webcasting                  programming consisting of music videos of unsigned artists and                  bands from                  around the world, and providing content to third party streaming                  media                  providers both domestically and internationally. |
|                                                          |   |
|                                                          | **DEVELOPMENT                  STAGE COMPANY**  |
|                                                          |   |
|                                                          | The                  Company was incorporated in the State of Florida on July 1, 2004.                  Operations from the Company's inception through December 31, 2005                  were                  devoted primarily to strategic planning, raising capital and developing                  revenue-generating opportunities. |
|                                                          |
|                                                          | **NET                  LOSS PER COMMON SHARE** |
|                                                          |   |
|                                                          | The                  Company presents “basic” earnings (loss) per share and, if applicable,                  “diluted” earnings per share pursuant to the provisions of SFAS No.                  128,*Earnings per Share*.                  Basic earnings (loss) per share is calculated by dividing net income                  or                  loss by the weighted average number of common shares outstanding                  during                  each period. Diluted earnings per share have not been presented                  as the                  Company has not issued any potentially dilutive                  shares. |

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**GLOBAL        MUSIC INTERNATIONAL, INC.**

**(A        DEVELOPMENT STAGE COMPANY)**

**NOTES        TO CONDENSED FINANCIAL STATEMENTS**
***(CONTINUED)***

**(UNAUDITED)**

| **NOTE                  2 - SIGNIFICANT ACCOUNTING POLICIES*****(Continued)*** |
|--------------------------------------------------------------------------------|
|                                                                           |   |
|                                                                           | **RECENT                  ACCOUNTING PRONOUNCEMENTS** |
|                                                                           |   |
|                                                                           | In                  December 2004, the Financial Accounting Standards Board issued                  SFAS No.                  123 (revised 2004),*Share-Based Payment*.                  This statement replaces SFAS No. 123 and supersedes APB Opinion                  No. 25.                  SFAS No. 123(R) requires the fair value of all stock option awards                  issued                  to employees to be recorded as an expense over the related vesting                  period.                  The statement also requires the recognition of compensation expense                  for                  the fair value of any unvested stock option awards outstanding                  at the date                  of adoption. The Company has not made any stock option awards to                  employees. |
|                                                                           |
| **NOTE                  3 - CONTROL**                                     |
|                                                                           |   |
|                                                                           | As                  of December 31, 2005 the President/CEO and director has been issued,                  in                  the aggregate, 77.1% of the Company's common stock and, therefore,                  may                  have the effective power to elect all members of the board of directors                  and to control the vote on substantially all other matters, without                  the                  approval of other stockholders. |
|                                                                           |
| **NOTE                  4 - COMMON STOCK**                                     |
|                                                                           |   |
|                                                                           | The                  Company entered into consulting agreements with two service providers,                  both dated June 15, 2005. The consulting agreements required the                  issuance                  of 80,000 shares of common stock at $1.92 per share in exchange                  for                  certain services to be performed. The fair value of the shares                  was                  determined based on quoted market prices. The Company recorded                  prepaid                  expenses totaling $153,600 to be amortized over the life of these                  agreements. The Company recognized $62,400, $116,800 and $127,200                  of                  consulting expense related to these agreements for the three and                  six month                  periods ended December 31, 2005 and cumulative from inception (July                  1,                  2004) to December 30, 2005, respectively. |
|                                                                           |   |
| **NOTE                  5 - GOING CONCERN**                                    |
|                                                                           |
|                                                                           | The                  accompanying condensed financial statements have been prepared                  assuming                  that the Company will continue as a going concern, which contemplates                  the                  realization of assets and the settlement of liabilities and commitments                  in                  the normal course of business. As shown in the accompanying financial                  statements, the Company has a working capital deficiency of $1,243,831                  and                  $968,497 as of December 31, 2005 and June 30, 2005, respectively,                  has not                  earned any revenues, and has incurred a net loss from its inception                  (July                  1, 2004) through December 31, 2005 totaling $527,945. These conditions                  raise substantial doubt about the Company's ability to continue                  as a going                  concern. The financial statements do not include any adjustments                  that                  might result from the outcome of this                  uncertainty.  |

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**GLOBAL        MUSIC INTERNATIONAL, INC.**

**(A        DEVELOPMENT STAGE COMPANY)**

**NOTES        TO CONDENSED FINANCIAL STATEMENTS**
***(CONTINUED)***

**(UNAUDITED)**

| **NOTE                  5 - GOING CONCERN*****(Continued)***                        |
|-------------------------------------------------------------------------------------|
|                                                                                |   |
|                                                                                | The                  Company intends to improve the content and quality of its programming,                  expand the size and number of markets in which the programming                  content                  would be available, enter into agreements with wireless telecommunication                  companies on a subscription basis and, if needed, raise additional                  capital                  sufficient to continue operations. The Company has entered into                  four                  agreements for the distribution of its streaming media content,                  and the                  Company expects to generate revenues during its third quarter of                  2006 in                  connection with these agreements. The note payable to officer/director                  is                  due on demand. If the officer/director were to call the note, the                  Company                  would be unable to meet the obligation. Further, no assurance can                  be given                  that the Company will maintain its cost structure as presently                  contemplated, raise additional capital on satisfactory terms, or                  that the                  distribution agreements will generate sufficient revenue to sustain                  operations. Should any of these events take place, the Company                  may be                  forced to seek a merger or cease operations. |
|                                                                                |   |
| **NOTE 6                - ADVANCES FROM                OFFICER/DIRECTOR** |
|                                                                                |   |
|                                                                                | The                  President/CEO and director has provided                  various short-term working capital advances from July 1, 2004 (inception)                  through                  December 31, 2005. The advances are non interest bearing and are                  due upon                  demand. Amounts due to the                  officer/director at December 31, 2005 and June 30, 2005 for such                  advances                  totaled $50,000 and $-0-, respectively. |
|                                                                                |   |
| **NOTE 7                - OPERATING LEASES **                        |
|                                                                                |   |
|                                                                                | On                  November 1, 2005 the Company entered into an operating                  lease for the rental of the Company’s office space. The lease runs for 12                  months at $1,000 per month. Rent expense was $2,000 for each of                  the three                  and six month periods ended December 31, 2005 and for the period                  from                  inception (July 1, 2004) to December 31,                  2005. |

**NOTE        6 - **

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**Item      2.** **Management's Discussion and Analysis or Plan of      Operation**

**Our      Business**

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**Plan      of Operation**

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**Results      of Operations for Period Ended December 31, 2005**

**Liquidity      and Capital Resources**

**Item      3. Controls and Procedures**

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**PART      II - OTHER INFORMATION**

**Item      1. Legal Proceedings**

**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 and Reports on Form 8-K**

| (a)    | Index                to Exhibits                                                                           |
|--------|------------------------------------------------------------------------------------------------------------|
|   |                                                                                                       |   |   |
|   | **Exhibit                No.**                                                                             |   | **Description                of Exhibit** |
|   |                                                                                                       |   |   |
|   | 31                                                                                                         |   | Certification                of Chief Executive/Financial Officer                pursuant to Section 302 of the Sarbanes-Oxley Act of                2002 |
|   | 32                                                                                                         |   | Certification                of Chief Executive/Financial Officer                pursuant to Section 906 |
|   |                                                                                                       |   |   |
| (b)    | No                reports on Form 8-K were filed during the quarter covered by this                report. |

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**SIGNATURE**

|                                     |                                                                                                                                          | **Global              Music International, Inc.** |
|------------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------|
|                                     |                                                                                                                                          |                                              |
| Date: February              7, 2006 |                                                                                                                 |  /s/              Corinne Fallacaro          |
|                                     |                                                                                                                                               |
|                                     | Corinne                FallacaroChief                Executive Officer, Principal Financialand                Accounting Officer and Director |

|                                     |                                                                                                   |                                  |
|------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------|--------------------------------------------|
|                                |                                                                                                                       |                                  |
| Date: February              7, 2006 |                                                                                                                       |  /s/              Christopher Mauritz |
|                                     |                                                                                                                                 |
|                                     | Christopher                MauritzVice                President, Chief Technology Officer,Secretary                and Director |

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