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 September 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 of            (I.R.S.) Employer Identification No.
      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 October 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)

                               September 30, 2007


                  Assets
Total Assets                                                    $       --

                  Liabilities and Shareholders' Deficit

Liabilities:
   Accounts payable and accrued liabilities                     $   10,549
   Indebtedness to related parties (Note 2)                        112,650
                                                                ----------
          Total liabilities                                        123,199
                                                                ----------

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                                       87,767
   Deficit accumulated during the development stage               (285,196)
                                                               -----------
          Total shareholders' deficit                             (123,199)
                                                               -----------
Total Liabilities and Shareholders' Deficit                    $        --
                                                              ============












            See accompanying notes to condensed financial statements

                                      F-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
                                                                              (Inception)
                                  Three Months              Nine Months          Through
                               Ended September 30,       Ended September 30,  September 30,
                               2007          2006        2007          2006        2007
                               ----          ----        ----          ----   -------------

Commission revenue        $      --      $    198     $    --      $    186     $   6,703
                          ----------     ---------    --------     ---------    ----------

Expenses:
   Selling, advertising
     and marketing              574           969       2,009         3,508        40,800
   Salaries                      --            --          --            --        42,385
   Contract labor                --            --          --            --        21,435
   Professional fees          8,600         1,408      17,183        11,308        64,167
   Rent                          --            --          --            --        16,250
   Contributed rent (Note 2)  3,750         3,750      11,250        11,250        66,250
   Depreciation                  --            --          --            --        18,505
   Interest income               --            --          --            --           (10)
   Other                         --           448         248         1,053        22,117
                          ----------     ---------    --------     ---------    ----------
      Total expenses         12,924         6,575      30,690        27,119       291,899
                          ----------     ---------    --------     ---------    ----------
      Loss before
         income taxes       (12,924)       (6,377)    (30,690)      (26,933)     (285,196)

Income tax provision
   (Note 3)                      --            --          --            --            --
                          ----------     ---------    --------     ---------    ----------

      Net loss            $ (12,924)     $ (6,377)   $(30,690)     $(26,933)    $(285,196)
                          ==========     =========   =========     =========    ==========

Basic and diluted loss
   per share              $   (0.00)     $  (0.00)   $  (0.01)     $  (0.01)
                          ==========     =========   =========     =========

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

                                      F-2

<PAGE>

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

                                                                April 18, 2002
                                                                  (Inception)
                                    Nine Months Ended               Through
                                       September 30,             September 30,
                                   2007            2006              2007
                                   ----            ----         ---------------

     Net cash used in operating
           activities          $  (14,861)     $  (19,928)       $  (189,892)
                               -----------     -----------       ------------

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)        14,727           6,040             21,517
   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)                     --          14,250            119,850
                               -----------     -----------       ------------
  Net cash provided by
     financing activities          14,727          20,290            208,397
                               -----------     -----------       ------------

       Net change in cash            (134)            362                 --

Cash, beginning of period             134              --                 --
                               -----------     -----------       ------------

Cash, end of period            $       --      $      362        $        --
                               ===========     ===========       ============

Supplemental disclosure of cash flow information:
   Cash paid during the period for:

      Income taxes             $       --      $       --        $        --
                               ===========     ===========       ============
      Interest                 $       --      $       --        $        --
                               ===========     ===========       ============


            See accompanying notes to condensed financial statements

                                      F-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 nine months ended September 30, 2007, an affiliate contributed
capital for the payment of $14,727 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 September 30, 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 September 30, 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".

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.

                                      F-4

<PAGE>







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

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

      During the period from inception (April 18, 2002) through September 30,
2007 Learningwire's operations used $(189,892) 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).







<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


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



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