UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549

                                   FORM 10-QSB

           [X] Quarterly Report Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934
                  For the quarterly period ended June 30, 2007

                                       or
            [ ] Transition Report Pursuant to Section 13 or 15 (d) of
                       the Securities Exchange Act of 1934

                        Commission File Number 333-121072

                               KRANEM CORPORATION
                                      d/b/a
                                LEARNINGWIRE.COM
                          -----------------------------

       Colorado                                       02-0585306
----------------------------               --------------------------------
State or other jurisdiction              (I.R.S.) Employer Identification No.
     of incorporation

                                 410 17th Street
                                Denver, CO 80202
                          ----------------------------
                     Address of principal executive offices

                                  303-592-1614
                          ----------------------------
               Registrant's telephone number, including area code

                                       N/A
             ------------------------------------------------------
                  Former address of principal executive offices

Check whether the issuer: (1) filed all reports required to be filed by Section
13 or 15 (d) of the Securities Exchange Act of 1934 during the proceeding 12
months (or for such shorter period that the registrant was required to file such
reports), and (2) has been subject to such filing requirements for the past 90
days.

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

Indicate by check mark whether the  registrant  is a shell company (as defined
in Rule 12b-2 of the Exchange Act):     Yes   X       No    ______
                                            -----

As of July 31, 2007 the Company had 4,267,125 outstanding shares of common
stock.



<PAGE>


                     KRANEM CORPORATION dba LEARNINGWIRE.COM
                          (A Development Stage Company)
                             Condensed Balance Sheet
                                   (Unaudited)

                                  June 30, 2007

                              Assets

Cash                                                     $            --
                                                         ===============

             Liabilities and Shareholders' Deficit

Liabilities:
   Accounts payable and accrued liabilities              $         9,494
   Indebtedness to related parties (Note 2)                      112,650
                                                         ---------------
            Total liabilities                                    122,144
                                                         ---------------


Shareholders' deficit:
   Preferred stock, no par value; 10,000,000
    shares authorized, -0- shares issued and outstanding              --
   Common stock, no par value; 50,000,000 shares
    authorized, 4,267,125 shares issued and outstanding           74,230
   Additional paid-in capital                                     75,898
   Deficit accumulated during the development stage deficit     (272,272)
                                                         ---------------
               Total shareholders' deficit                      (122,144)
                                                         ---------------
                                                         $            --
                                                         ===============



           See accompanying notes to condensed financial statements

                                       1

<PAGE>

                     KRANEM CORPORATION dba LEARNINGWIRE.COM
                          (A Development Stage Company)
                       Condensed Statements of Operations
                                   (Unaudited)

<TABLE>
<S>                              <C>        <C>         <C>        <C>         <C>

                                                                          April 18, 2002
                                  Three Months            Six Months        (Inception)
                                 Ended June 30,          Ended June 30,      Through
                                2007        2006        2007        2006   June 30, 2007
                                ----        ----        ----        ----  --------------

Commission revenue          $     --    $   (378)    $    --    $   (12)    $    6,703
                           ----------  ----------   ---------  ----------  ------------
Selling, advertising
 and Marketing                   692       1,839       1,435      2,539         40,226
Salaries                          --          --          --         --         42,385
Contract labor                    --          --          --         --         21,435
Professional fees              2,823       9,100       8,583      9,900         55,567
Rent                              --          --          --         --         16,250
Contributed rent (Note 2)      3,750       3,750       7,500      7,500         62,500
Depreciation                      --          --          --         --         18,505
Interest income                   --          --          --         --            (10)
Other                            203         406         248        605         22,117
                           ----------  ----------   ---------  ----------  ------------
   Total expenses              7,468      15,095      17,766     20,544        278,975

   Loss before income taxes   (7,468)    (15,473)    (17,766)   (20,556)      (272,272)

Income tax provision (Note 3)     --          --          --         --             --
                           ----------  ----------   ---------  ----------  ------------
   Net loss                $  (7,468)  $ (15,473)   $(17,766)  $(20,556)   $  (272,272)
                           ==========  ==========   =========  ==========  ============
Basic and diluted loss
   per share               $   (0.00)  $   (0.00)   $  (0.00)  $  (0.00)
                           ==========  ==========   =========  =========
Basic and diluted weighted
  Average common shares
  outstanding              4,267,125   4,267,125    4,267,125  4,267,125
                           ==========  ==========   =========  =========

</TABLE>




           See accompanying notes to condensed financial statements

                                       2

<PAGE>


                     KRANEM CORPORATION dba LEARNINGWIRE.COM
                          (A Development Stage Company)
                       Condensed Statements of Cash Flows
                                   (Unaudited)


                                                                  April 18, 2002
                                                                    (Inception)
                                            Six Months Ended         Through
                                                 June 30,            June 30,
                                            2007         2006          2007
                                            ----         ----     --------------

Net cash used in operating activities   $  (6,742)  $  (13,154)    $  (181,773)

Cash flows from investing activities:
 Payments for property and equipment           --           --         (18,505)
                                       ----------- ------------  --------------
 Net cash used in investing activities         --           --         (18,505)
                                       ----------- ------------  --------------

Cash flows from financing activities:
 Capital contributed by related
  party (Note 2)                            6,608           --          13,398
 Proceeds from the sale of common stock        --           --          89,200
 Payments for offering costs                   --           --         (14,970)
 Repayment of related party loans              --           --          (7,200)
 Proceeds from related party loans (Note 2)    --       13,350         119,850
                                       ----------- ------------  --------------

 Net cash provided by financing
  activities                                6,608       13,350         200,278
                                       ----------- ------------  --------------
 Net change in cash                          (134)         196              --

 Cash, beginning of period                    134           --              --
                                       ----------- ------------  --------------
 Cash, end of period                   $       --  $       196   $          --
                                       =========== ============  ==============

Supplemental disclosure of cash flow
information:
 Cash paid during the period for:
     Income taxes                      $       --  $        --   $          --
                                       =========== ============  ==============
     Interest                          $       --  $        --   $          --
                                       =========== ============  ==============






           See accompanying notes to condensed financial statements


                                       3

<PAGE>


                   KRANEM CORPORATION dba LEARNINGWIRE.COM
                          (A Development Stage Company)
                   Notes to Condensed Financial Statements
                                   (Unaudited)

Note 1:  Basis of presentation
         ---------------------

The interim financial statements presented herein have been prepared pursuant to
the rules and regulations of the Securities and Exchange Commission ("SEC").
Certain information and footnote disclosures normally included in financial
statements prepared in accordance with generally accepted accounting principles
have been condensed or omitted pursuant to such rules and regulations. The
interim financial statements should be read in conjunction with the Company's
annual financial statements for the year ended December 31, 2006, notes and
accounting policies thereto included in the Company's Annual Report on Form
10-KSB as filed with the SEC.

In the opinion of management, all adjustments (consisting only of normal
recurring adjustments) which are necessary to provide a fair presentation of
operating results for the interim periods presented have been made. The results
of operations for the periods presented are not necessarily indicative of the
results to be expected for the year.

Interim financial data presented herein are unaudited.

Note 2:  Related Party
         -------------

During the six months ended June 30, 2007, an affiliate contributed capital for
the payment of $6,608 in professional fees. The contributed capital is included
in the accompanying condensed financial statements as "Additional paid-in
capital".

A director contributed office space to the Company for the periods from May 1,
2003 through March 31, 2007. The office space was valued at $1,250 per month
based on the market rate in the local area and is included in the accompanying
financial statements as rent expense with a corresponding credit to "Additional
paid-in capital".

In prior years, the Company has borrowed funds from its president for working
capital. At March 31, 2007, the Company was indebted to the president in the
amount of $112,600. The advances are non-interest bearing and are due on demand.
Management plans to settle these advances with cash or stock. The advances are
included in the accompanying financial statements as "Indebtedness to related
parties".

During the year ended December 31, 2006, an affiliate advanced the Company $50
for working capital. The advance is non-interest bearing and due on demand. The
advance is included in the accompanying financial statements as "Indebtedness to
related parties".

                                       4

<PAGE>


                   KRANEM CORPORATION dba LEARNINGWIRE.COM
                          (A Development Stage Company)
                   Notes to Condensed Financial Statements
                                   (Unaudited)

Note 3:  Income Tax
         ----------

The Company records its income taxes in accordance with Statement of Financial
Accounting Standard No. 109, "Accounting for Income Taxes". The Company has
incurred significant net operating losses since inception resulting in a
deferred tax asset, which was fully allowed for; therefore, the net benefit and
expense resulted in $-0- income taxes.





                                       5



<PAGE>


ITEM 2.    MANAGEMENTS  DISCUSSION  AND ANALYSIS OF FINANCIAL  CONDITION  AND
           PLAN OF OPERATION

      Between its inception in April 2002 and June 30, 2007 Learningwire's
revenues have only been $6,703.

      During the period from inception (April 18, 2002) through June 30, 2007
Learningwire's operations used $(181,773) in cash and Learningwire purchased
$18,505 of equipment. Capital was provided by the sale to Learningwire's
officers, directors, private investors and public investors of shares of
Learningwire's common stock as well as a loan and capital contributions from
Learningwire's President.

      For the past several years Learningwire has been inactive. Learningwire is
attempting to acquire another business or company.

ITEM 3.    CONTROLS AND PROCEDURES

      Stephen K. Smith, the Company's Chief Executive Officer and Michael Grove,
the Company's Principal Financial and Accounting Officer, have evaluated the
effectiveness of the Company's disclosure controls and procedures (as defined in
Rule 13a-15(e) of the Securities Exchange Act of 1934) as of the end of the
period covered by this report, and in their opinion the Company's disclosure
controls and procedures are effective. There were no changes in the Company's
internal controls over financial reporting that occurred during the fiscal
quarter that have materially affected, or are reasonably likely to materially
affect, the Company's internal control over financial reporting.











<PAGE>


                                     PART II
                                OTHER INFORMATION

Item 6. Exhibits

Exhibit
Number      Exhibit Name
-------     ------------

3.1         Articles of Incorporation (1)

3.2         Bylaws (1)

10.1        Distribution Agreement with Ingram Micro, Inc. (1)

31          Rule 13a-14(a) Certifications

32          Section 1350 Certifications

(1)   Incorporated by reference to the same exhibit filed with Learningwire's
      Registration Statement on Form SB-2 (Commission File # 333-121072).







                                       2






<PAGE>


                                   SIGNATURES


      In accordance with Section 13 or 15(d) of the Exchange Act, the registrant
caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized.

                                          KRANEM CORPORATION
                                          d/b/a
                                          LEARNINGWIRE.COM


August 8, 2007                           By:    /s/ Stephen K. Smith
                                                ------------------------------
                                                Stephen K. Smith, President and
                                                Chief Executive Officer



August 8, 2007                            By:   /s/ Michael Grove
                                                ------------------------------
                                                Michael Grove, Principal
                                                Financial and Accounting Officer