**UNITED      STATES**

**SECURITIES      AND EXCHANGE COMMISSION**

----

----

**December      31, 2006**

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

**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**

----

**INDEX**

|                                                                                                            |  Page                No. |
|-----------------------------------------------------------------------------------------------------------------|-------------------------------|
|                                                                                                            |                          |
| **PART                1. FINANCIAL INFORMATION**                                                                |                          |
|                                                                                                            |                          |
| Item                1. Financial                Statements                                                 | 3                             |
|                                                                                                            |                          |
| Condensed                Balance Sheet, December 31, 2006 (unaudited) and                June 30, 2006          | 3                             |
|                                                                                                            |                          |
| Condensed                Statements of Operations, for the three and six                month periods ended     |                          |
| December                31, 2006 and 2005 and Cumulative from Inception (July                1, 2004) to        |                          |
| December                31, 2006 (unaudited)                                                                    | 4                             |
|                                                                                                            |                          |
| Condensed                Statement of Changes in Stockholders’ Deficiency,                Cumulative from |                          |
| Inception                (July 1, 2004) to December 31, 2006                (unaudited)                         | 5                             |
|                                                                                                            |                          |
| Condensed                Statements of Cash Flows, for the six month periods                ended               |                          |
| December                31, 2006 and 2005 and Cumulative from Inception                (July 1, 2004) to        |                          |
| December                31, 2006 (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                                                                       | 13                            |

----

| **PART                1. FINANCIAL INFORMATION**                                                                        |   |   |                                 |   |   |                             |   |
|-------------------------------------------------------------------------------------------------------------------------|--------|--------|--------------------------------------|--------|--------|----------------------------------|--------|
| **Item                1. **Financial                Statements****                                                      |   |   |                                 |   |   |                             |   |
|                                                                                                                    |   |   |                                 |   |   |                             |   |
| **GLOBAL                MUSIC INTERNATIONAL, INC.**                                                                     |   |   |                                 |   |   |                             |   |
| **(A                DEVELOPMENT STAGE COMPANY)**                                                                        |   |   |                                 |   |   |                             |   |
| **CONDENSED                BALANCE SHEETS**                                                                             |   |   |                                 |   |   |                             |   |
|                                                                                                                    |   |   |                                 |   |   |                             |   |
| **ASSETS**                                                                                                              |   |   |                                 |   |   |                             |   |
|                                                                                                                    |   |   |                                 |   |   |                             |   |
|                                                                                                                    |   |   | **December                31, 2006** |   |   |                             |   |
|                                                                                                                    |   |   | **(unaudited)**                      |   |   | **June                30, 2006** |   |
| **Cash**                                                                                                                |   | $      | 28,619                               |   | $      | 5,222                            |   |
| **Accounts                Receivable**                                                                                  |   |   | 25,000                               |   |   | 19,935                           |   |
| **Prepaid                Expenses**                                                                                     |   |   | 50,000                               |   |   | 3,408                            |   |
| **Other                Current Assets**                                                                                 |   |   | 2,600                                |   |   | 2,600                            |   |
| **Total                Current Assets**                                                                            |   |   | 106,219                              |   |   | 31,165                           |   |
|                                                                                                                    |   |   |                                 |   |   |                             |   |
| **Property                and Equipment, net**                                                                          |   |   | 43,548                               |   |   | 59,912                           |   |
| **TOTAL                ASSETS**                                                                                         |   | $      | 149,767                              |   | $      | 91,077                           |   |
| **LIABILITIES                AND STOCKHOLDERS' DEFICIENCY**                                                             |   |   |                                 |   |   |                             |   |
|                                                                                                                    |   |   |                                 |   |   |                             |   |
| **LIABILITIES**                                                                                                         |   |   |                                 |   |   |                             |   |
| **Accounts                Payable**                                                                                     |   | $      | 22,700                               |   | $      | 27,341                           |   |
| **Accrued                Interest**                                                                                     |   |   | 187,292                              |   |   | 153,063                          |   |
| **Accrued                Expenses**                                                                                     |   |   | 6,011                                |   |   | 6,261                            |   |
| **Advance                from Officer / Director**                                                                      |   |   | 386,000                              |   |   | 120,000                          |   |
| **Note                Payable to Officer / Director**                                                                   |   |   | 1,131,680                            |   |   | 1,131,680                        |   |
| **Total                Current Liabilities**                                                                       |   |   | 1,733,683                            |   |   | 1,438,345                        |   |
|                                                                                                                    |   |   |                                 |   |   |                             |   |
| **STOCKHOLDERS'                DEFICIENCY**                                                                             |   |   |                                 |   |   |                             |   |
| **Common                Stock, $.0001 par value,**                                                                      |   |   |                                 |   |   |                             |   |
| **40,000,000                shares authorized, 22,147,000**                                                        |   |   |                                      |   |   |                                  |   |
| **and                22,117,000 shares issued and outstanding**                                                    |   |   | 2,215                                |   |   | 2,212                            |   |
| **Common                Stock To Be Issued**                                                                            |   |   | -                                    |   |   | 60,000                           |   |
| **Additional                Paid-In Capital**                                                                           |   |   | 1,159,066                            |   |   | 1,099,069                        |   |
| **Unearned                Compensation**                                                                                |   |   | (28,333                              | )      |   | (196,833                         | )      |
| **Deficit                Accumulated During the Development Stage**                                                     |   |   | (2,716,864                           | )      |   | (2,311,716                       | )      |
| **Total                Stockholders' Deficiency**                                                                  |   |   | (1,583,916                           | )      |   | (1,347,268                       | )      |
| **TOTAL                LIABILITIES AND STOCKHOLDERS' DEFICIENCY**                                                       |   | $      | 149,767                              |   | $      | 91,077                           |   |
|                                                                                                                    |   |   |                                 |   |   |                             |   |
|                                                                                                                    |   |   |                                 |   |   |                             |   |
|                                                                                                                    |   |   |                                 |   |   |                             |   |
|                                                                                                                    |   |   |                                 |   |   |                             |   |
| ***The                accompanying notes are an integral part of these condensed financial                statements*** |   |   |                                 |   |   |                             |   |
|                                                                                                                    |   |   |                                 |   |   |                             |   |

----

**GLOBAL        MUSIC INTERNATIONAL, INC. **

**(A        DEVELOPMENT STAGE COMPANY) **

**CONDENSED        STATEMENTS OF OPERATIONS (UNAUDITED) **

|                                                                                                                    |   |   |                                          |   |   |                                        |   |   |                                   |   |   |                                   |   |   |                                                      |   |
|-------------------------------------------------------------------------------------------------------------------------|--------|--------|-----------------------------------------------|--------|--------|---------------------------------------------|--------|--------|----------------------------------------|--------|--------|----------------------------------------|--------|--------|------------------------------------------------------|--------|
|                                                                                                                    |   |   |                                          |   |   |                                        |   |   |                                   |   |   |                                   |   |   | **Cumulative                  From Inception**  |   |
|                                                                                                                    |   |   | **Three                  Month Period Ended** |   |   | **Six                  Month Period Ended** |   |   | **(July                  1, 2004) To** |   |
|                                                                                                                    |   |   | **December                  31, 2006**        |   |   | **December                  31, 2005**      |   |   | **December                  31, 2006** |   |   | **December                  31, 2005** |   |   | **December                  31, 2006**               |   |
|                                                                                                                    |   |   |                                          |   |   |                                        |   |   |                                   |   |   |                                   |   |   |                                                 |   |
| **Revenues**                                                                                                            |   | $      | 50,794                                        |   | $      | -                                           |   | $      | 50,794                                 |   | $      | -                                      |   | $      | 105,526                                              |   |
|                                                                                                                    |   |   |                                          |   |   |                                        |   |   |                                   |   |   |                                   |   |   |                                                 |   |
|                                                                                                                    |   |   |                                          |   |   |                                        |   |   |                                   |   |   |                                   |   |   |                                                 |   |
| **Operating                  expenses**                                                                                 |   |   |                                          |   |   |                                        |   |   |                                   |   |   |                                   |   |   |                                                 |   |
| **Consulting                  and Professional Fees Expense**                                                      |   |   | 103,250                                       |   |   | 76,824                                      |   |   | 187,000                                |   |   | 158,724                                |   |   | 648,991                                              |   |
| **General                  and Administrative Expenses**                                                           |   |   | 71,186                                        |   |   | 39,942                                      |   |   | 159,000                                |   |   | 79,306                                 |   |   | 437,030                                              |   |
| **License                  Fees**                                                                                  |   |   | 50,000                                        |   |   | -                                           |   |   | 50,000                                 |   |   | -                                      |   |   | 50,000                                               |   |
| **Interest                  Expense**                                                                              |   |   | 17,114                                        |   |   | 17,115                                      |   |   | 34,229                                 |   |   | 34,230                                 |   |   | 187,302                                              |   |
| **Depreciation                  Expense**                                                                          |   |   | 13,441                                        |   |   | 11,539                                      |   |   | 25,713                                 |   |   | 23,078                                 |   |   | 113,067                                              |   |
|                                                                                                                    |   |   | 254,991                                       |   |   | 145,420                                     |   |   | 455,942                                |   |   | 295,338                                |   |   | 1,436,390                                            |   |
|                                                                                                                    |   |   |                                          |   |   |                                        |   |   |                                   |   |   |                                   |   |   |                                                 |   |
|  **Loss                  Before Provision For Income Taxes**                                                       |   |   | (204,197                                      | )      |   | (145,420                                    | )      |   | (405,148                               | )      |   | (295,338                               | )      |   | (1,330,864                                           | )      |
| **Provision                  For Income Taxes**                                                                         |   |   | -                                             |   |   | -                                           |   |   | -                                      |   |   | -                                      |   |   | 500                                                  |   |
|  **Net                  Loss**                                                                                     |   | $      | (204,197                                      | )      | $      | (145,420                                    | )      | $      | (405,148                               | )      | $      | (295,338                               | )      | $      | (1,331,364                                           | )      |
|                                                                                                                    |   |   |                                          |   |   |                                        |   |   |                                   |   |   |                                   |   |   |                                                 |   |
|                                                                                                                    |   |   |                                          |   |   |                                        |   |   |                                   |   |   |                                   |   |   |                                                 |   |
| **Basic                  Net Loss Per Common Share**                                                               |   | $      | (0.01                                         | )      | $      | (0.01                                       | )      | $      | (0.02                                  | )      | $      | (0.01                                  | )      |   |                                                 |   |
|                                                                                                                    |   |   |                                          |   |   |                                        |   |   |                                   |   |   |                                   |   |   |                                                 |   |
| **Weighted                  Average Common Shares Outstanding**                                                    |   |   | 22,147,000                                    |   |   | 21,937,000                                  |   |   | 22,147,000                             |   |   | 21,937,000                             |   |   |                                                 |   |
|                                                                                                                    |   |   |                                          |   |   |                                        |   |   |                                   |   |   |                                   |   |   |                                                 |   |
|                                                                                                                    |   |   |                                          |   |   |                                        |   |   |                                   |   |   |                                   |   |   |                                                 |   |
| ***The                accompanying notes are an integral part of these condensed financial                statements*** |   |   |                                          |   |   |                                        |   |   |                                   |   |   |

----

**GLOBAL        MUSIC INTERNATIONAL, INC.**

**(A        DEVELOPMENT STAGE COMPANY)**

**STATEMENT        OF CHANGES IN STOCKHOLDERS' DEFICIENCY**

**CUMULATIVE        FROM INCEPTION (JULY 1, 2004) TO DECEMBER 31, 2006        (UNAUDITED)**

|                                                                                                                        |       |       |                              |       |       |           |       |       |                                 |       |       |                            |       |       |                                     |       |       |           |       |
|-----------------------------------------------------------------------------------------------------------------------------|------------|------------|-----------------------------------|------------|------------|----------------|------------|------------|--------------------------------------|------------|------------|---------------------------------|------------|------------|------------------------------------------|------------|------------|----------------|------------|
|                                                                                                                        |       |       |                              |       |       |           |       |       |                                 |       |       |                            |       |       |                                     |       |       |           |       |
|                                                                                                                        |       |       |                              |       |       |           |       |       |                                 |       |       |                            |       |       | **Deficit                  Accumulated** | ** ** | ** ** | **Total**      | ** ** |
|                                                                                                                        | ** ** | ** ** | **Common                  Stock** | ** ** | ** ** | **Additional** | ** ** | ** ** | **Unearned**                         | ** ** | ** ** | **During                  the** | ** ** | ** ** | **Stockholders'**                        | ** ** |
|                                                                                                                        | ** ** | ** ** | **Shares**                        | ** ** | ** ** | **Value**      | ** ** | ** ** | **Paid-in                  Capital** | ** ** | ** ** | **Compensation**                | ** ** | ** ** | **Development                  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        |       |
|                                                                                                                        |       |       |                              |       |       |           |       |       |                                 |       |       |                            |       |       |                                     |       |       |           |       |
|                                                                                                                        |       |       |                              |       |       |           |       |       |                                 |       |       |                            |       |       |                                     |       |       |           |       |
| Consulting                  Services & Officers' Compensation                                                           |       |       | 290,000                           |       |       | 29             |       |       | 569,071                              |       |       | (569,100                        | )          |       | -                                        |       |       | -              |       |
|                                                                                                                        |       |       |                              |       |       |           |       |       |                                 |       |       |                            |       |       |                                     |       |       |           |       |
| Amortization                  of Unearned Compensation                                                                      |       |       | -                                 |       |       | -              |       |       | -                                    |       |       | 540,767                         |       |       | -                                        |       |       | 540,767        |       |
|                                                                                                                        |       |       |                              |       |       |           |       |       |                                 |       |       |                            |       |       |                                     |       |       |           |       |
| Dividend                                                                                                                    |       |       | -                                 |       |       | -              |       |       | -                                    |       |       | -                               |       |       | (1,385,500                               | )          |       | (1,385,500     | )          |
|                                                                                                                        |       |       |                              |       |       |           |       |       |                                 |       |       |                            |       |       |                                     |       |       |           |       |
| Net                  loss                                                                                                   |       |       | -                                 |       |       | -              |       |       | -                                    |       |       | -                               |       |       | (1,331,364                               | )          |       | (1,331,364     | )          |
|                                                                                                                        |       |       |                              |       |       |           |       |       |                                 |       |       |                            |       |       |                                     |       |       |           |       |
| Balance,                  December 31, 2006                                                                                 |       |       | 22,147,000                        |       | $          | 2,215          |       | $          | 1,159,066                            |       | $          | (28,333                         | )          | $          | (2,716,864                               | )          | $          | (1,583,916     | )          |
|                                                                                                                        |       |       |                              |       |       |           |       |       |                                 |       |       |                            |       |       |                                     |       |       |           |       |
|                                                                                                                        |       |       |                              |       |       |           |       |       |                                 |       |       |                            |       |       |                                     |       |       |           |       |
|                                                                                                                        |       |       |                              |       |       |           |       |       |                                 |       |       |                            |       |       |                                     |       |       |           |       |
|                                                                                                                        |       |       |                              |       |       |           |       |       |                                 |       |       |                            |       |       |                                     |       |       |           |       |
|                                                                                                                        |       |       |                              |       |       |           |       |       |                                 |       |       |                            |       |       |                                     |       |       |           |       |
|                                                                                                                        |       |       |                              |       |       |           |       |       |                                 |       |       |                            |       |       |                                     |       |       |           |       |
|                                                                                                                        |       |       |                              |       |       |           |       |       |                                 |       |       |                            |       |       |                                     |       |       |           |       |
|                                                                                                                        |       |       |                              |       |       |           |       |       |                                 |       |       |                            |       |       |                                     |       |       |           |       |
| ***The                  accompanying notes are an integral part of these condensed financial                  statements*** |       |       |                              |       |       |           |       |       |                                 |       |

----

**GLOBAL      MUSIC INTERNATIONAL, INC**

**(A      DEVELOPMENT STAGE COMPANY)**

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

|                                                                                                                    |   |   |                                       |   |   |                                 |   |   |                                                 |   |
|-------------------------------------------------------------------------------------------------------------------------|--------|--------|--------------------------------------------|--------|--------|--------------------------------------|--------|--------|------------------------------------------------------|--------|
|                                                                                                                    |   |   |                                       |   |   |                                 |   |   | **Cumulative                From **             |   |
|                                                                                                                         |   |   |                                       |   |   |                                 |   |   | **Inception****(July                1, 2004) ** |   |
|                                                                                                                    |   |   | **Six                Month Periods Ended** |   |   | **To**                               |   |
|                                                                                                                    |   |   | **December                31, 2006**       |   |   | **December                31, 2005** |   |   | **December                31, 2006**                 |   |
| **CASH                FLOWS FROM OPERATING ACTIVITIES:**                                                                |   |   |                                       |   |   |                                 |   |   |                                                 |   |
| **Net                loss**                                                                                        |   | $      | (405,148                                   | )      | $      | (295,338                             | )      | $      | (1,331,364                                           | )      |
| **Adjustments                to reconcile net loss to net cash**                                                   |   |   |                                       |   |   |                                 |   |   |                                                 |   |
| **used                in operating activities:**                                                                   |   |   |                                       |   |   |                                 |   |   |                                                 |   |
|  **Depreciation                expense**                                                                           |   |   | 25,713                                     |   |   | 23,078                               |   |   | 113,067                                              |   |
| **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**                                                       |   |   | 168,500                                    |   |   | 116,800                              |   |   | 540,767                                              |   |
| **Changes                in assets and liabilities:**                                                              |   |   |                                       |   |   |                                 |   |   |                                                 |   |
|  **(Increase)                decrease in:**                                                                        |   |   |                                       |   |   |                                 |   |   |                                                 |   |
|  **Accounts                Receivable**                                                                            |   |   | (5,065                                     | )      |   | -                                    |   |   | (25,000                                              | )      |
|  **Prepaid                Expenses**                                                                               |   |   | (46,592                                    | )      |   | 87                                   |   |   | (50,000                                              | )      |
|  **Other                Current Assets**                                                                           |   |   | -                                          |   |   | (7,000                               | )      |   | (2,600                                               | )      |
|  **Increase                (decrease) in:**                                                                        |   |   |                                       |   |   |                                 |   |   |                                                 |   |
|  **Accounts                Payable**                                                                               |   |   | (4,641                                     | )      |   | 14,633                               |   |   | 22,700                                               |   |
|  **Accrued                Interest**                                                                               |   |   | 34,229                                     |   |   | 34,230                               |   |   | 187,292                                              |   |
|  **Accrued                Expenses**                                                                               |   |   | (250                                       | )      |   | 6,500                                |   |   | 6,011                                                |   |
|                                                                                                                    |   |   |                                       |   |   |                                 |   |   |                                                 |   |
| **Net                cash used in operating activities**                                                                |   |   | (233,254                                   | )      |   | (107,010                             | )      |   | (537,092                                             | )      |
| **CASH                FLOWS FROM INVESTING ACTIVITIES:**                                                                |   |   |                                       |   |   |                                 |   |   |                                                 |   |
| **Purchases                of Property and Equipment**                                                             |   |   | (9,349                                     | )      |   | (3,074                               | )      |   | (42,115                                              | )      |
| **Net                cash used in investing activities**                                                                |   |   | (9,349                                     | )      |   | (3,074                               | )      |   | (42,115                                              | )      |
| **CASH                FLOWS FROM FINANCING ACTIVITIES:**                                                                |   |   |                                       |   |   |                                 |   |   |                                                 |   |
| **Advance                from Officer/Director**                                                                   |   |   | 266,000                                    |   |   | 50,000                               |   |   | 386,000                                              |   |
| **Proceeds                from Private Placement Offering, net**                                                   |   |   | -                                          |   |   | -                                    |   |   | 590,146                                              |   |
| **Repayments                of Note Payable to Officer/Director**                                                  |   |   | -                                          |   |   | -                                    |   |   | (368,320                                             | )      |
|                                                                                                                    |   |   |                                       |   |   |                                 |   |   |                                                 |   |
| **Net                cash provided by financing activities**                                                            |   |   | 266,000                                    |   |   | 50,000                               |   |   | 607,826                                              |   |
| **Increase                (decrease) in cash**                                                                          |   |   | 23,397                                     |   |   | (60,084                              | )      |   | 28,619                                               |   |
| **Cash,                beginning of period**                                                                            |   |   | 5,222                                      |   |   | 117,058                              |   |   | -                                                    |   |
| **Cash,                end of period**                                                                                  |   | $      | 28,619                                     |   | $      | 56,974                               |   | $      | 28,619                                               |   |
|                                                                                                                    |   |   |                                       |   |   |                                 |   |   |                                                 |   |
| **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                                            |   |
|  **Unearned                Compensation issued in connection with common**                                         |   |   |                                       |   |   |                                 |   |   |                                                 |   |
|  **stock                issued in exchange for services to be rendered**                                           |   | $      | -                                          |   | $      | -                                    |   | $      | 569,100                                              |   |
|                                                                                                                    |   |   |                                       |   |   |                                 |   |   |                                                 |   |
|                                                                                                                    |   |   |                                       |   |   |                                 |   |   |                                                 |   |
|                                                                                                                    |   |   |                                       |   |   |                                 |   |   |                                                 |   |
|                                                                                                                    |   |   |                                       |   |   |                                 |   |   |                                                 |   |
|                                                                                                                    |   |   |                                       |   |   |                                 |   |   |                                                 |   |
|                                                                                                                    |   |   |                                       |   |   |                                 |   |   |                                                 |   |
|                                                                                                                    |   |   |                                       |   |   |                                 |   |   |                                                 |   |
| ***The                accompanying notes are an integral part of these condensed financial                statements*** |   |   |                                       |   |   |                                 |   |   |                                                 |   |
|                                                                                                                    |   |   |                                       |   |   |                                 |   |   |                                                 |   |

----

**GLOBAL        MUSIC INTERNATIONAL, INC.**

**(A        DEVELOPMENT STAGE COMPANY)**

**NOTES        TO CONDENSED FINANCIAL STATEMENTS**

**(UNAUDITED)**

**NOTE        1 - BASIS OF PRESENTATION**

**NOTE        2 - SIGNIFICANT ACCOUNTING POLICIES**

**NATURE        OF OPERATIONS**

**DEVELOPMENT        STAGE COMPANY**

**USE        OF ESTIMATES**

**REVENUE        RECOGNITION**

----

**GLOBAL        MUSIC INTERNATIONAL, INC.**

**(A        DEVELOPMENT STAGE COMPANY)**

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

**(UNAUDITED)**

**NOTE        2 - SIGNIFICANT ACCOUNTING POLICIES **
***(Continued)***

**STOCK        BASED COMPENSATION**

*Share-Based        Payment”*

**NET        LOSS PER COMMON SHARE**

*Earnings        per Share*

**RECENT        ACCOUNTING PRONOUNCEMENTS**

**NOTE        3 - CONTROL**

**NOTE        4 - UNEARNED COMPENSATION**

**NOTE        5 - ADVANCES FROM OFFICER / DIRECTOR**

----

**GLOBAL        MUSIC INTERNATIONAL, INC.**

**(A        DEVELOPMENT STAGE COMPANY)**

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

**(UNAUDITED)**

**NOTE        6 - OPERATING LEASES**

**NOTE        7 - AGREEMENTS**

**NOTE        8 - GOING CONCERN**

----

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

**Our          Business**

**Plan          of Operation**

----

**Results          of Operations for Period Ended December 31, 2006**

**Liquidity          and Capital Resources**

**Item          3. Controls and Procedures**

----

**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 **

| **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                                                      |

----

**SIGNATURES**

|                                         |                                                                                                                  |                                        |
|----------------------------------------------|-----------------------------------------------------------------------------------------------------------------------|---------------------------------------------|
|                                         | **Global                  Music International, Inc.**                                                                 |
|                                    |                                                                                                             |                                   |
| Date: February                  2, 2007 | By:                                                                                                         | /s/ Corinne                  Fallacaro |
|                                         |                                                                                                                       |
|                                         | Chief                    Executive Officer, Principal Financialand                    Accounting Officer and Director |

|                                         |                                                                                                                     |                                          |
|----------------------------------------------|--------------------------------------------------------------------------------------------------------------------------|-----------------------------------------------|
|                                         | **Global                  Music International, Inc.**                                                                    |
|                                    |                                                                                                                |                                     |
| Date: February                  2, 2007 | By:                                                                                                            | /s/ Christopher                  Mauritz |
|                                         |                                                                                                                          |
|                                         | Vice                    President, Chief Technology Officer,Secretary                    and                    Director |

----