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 March 31, 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 May 4, 2007 the Company had 4,267,125 outstanding shares of common stock.



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


                                 March 31, 2007

                                     Assets

Cash                                                         $       246
                                                             ============

                      Liabilities and Shareholders' Deficit

Liabilities:
   Accounts payable and accrued liabilities                  $     9,480
   Indebtedness to related parties (Note 2)                      112,650
                                                             ------------

      Total liabilities                                          122,130
                                                             ------------

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                                     68,690
   Deficit accumulated during the development stage             (264,804)
                                                             ------------

      Total shareholders' deficit                               (121,884)
                                                             ------------
                                                             $       246
                                                             ============




            See accompanying notes to condensed financial statements

                                       1

<PAGE>


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


                                                                  April 18, 2002
                                                                    (Inception)
                                          Three Months Ended         Through
                                               March 31,             March 31,
                                          2007           2006          2007
                                          ----           ----     --------------

Commission revenue                    $       --    $      366     $    6,703
                                      -----------   -----------    -----------
Expenses:
        Selling, advertising and marketing   743           700          39,534
        Salaries                              --            --          42,385
        Contract labor                        --            --          21,435
        Professional fees                  5,760           800          52,744
        Rent                                  --            --          16,250
        Contributed rent (Note 2)          3,750         3,750          58,750
        Depreciation                          --            --          18,505
        Interest income                       --            --             (10)
        Other                                 45           199          21,914
                                      -----------    -----------    -----------
            Total expenses                10,298         5,449         271,507
                                      -----------    -----------    -----------

            Loss before income taxes     (10,298)       (5,083)       (264,804)

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

Net loss                              $  (10,298)    $  (5,083)     $ (264,804)
                                      ===========    ===========    ===========

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

Basic and diluted weighted average
    common shares outstanding          4,267,125      4,267,125
                                      ===========    ===========




            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)
                                          Three Months Ended         Through
                                               March 31,             March 31,
                                          2007           2006          2007
                                          ----           ----     -------------

 Net cash used in operating activities $  (3,038)   $  (2,967)      $(178,069)
                                      -----------   ----------      ----------

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)                          3,150           --          9,940
 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)                                   --        4,350         119,850
                                      -----------   ----------      ----------

     Net cash provided by financing
       activities                          3,150        4,350         196,820
                                      -----------   ----------      ----------

     Net change in cash                      112        1,383             246

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

Cash, end of period                   $      246    $   1,383       $     246
                                      ===========   ==========      ==========
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
         -------------

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".

During the three months ended March 31, 2007, the Company's president
contributed capital for the payment of $3,150 in professional fees. The
contributed capital is included in the accompanying condensed financial
statements as "Additional paid-in capital".

                                       4

<PAGE>


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

     Learningwire  is in the development  stage.  Between its inception in April
2002 and March 31, 2007 Learningwire's revenues have only been $6,703.

     During the period from  inception  (April 18, 2002)  through March 31, 2007
Learningwire's  operations  used $(178,069) 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.


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


May 6, 2007                               By: /s/ Stephen K. Smith
                                             -----------------------------------
                                             Stephen K. Smith, President and
                                             Chief Executive Officer



May 7, 2007                               By: /s/ Michael Grove
                                             -----------------------------------
                                             Michael Grove,
                                             Principal Financial and Accounting
                                             Officer





<PAGE>