================================================================================

                                  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, 2006
                                      ------------------

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

      For the transition period                  to
                               ------------------   --------------------

      Commission File Number     000-51968
                            -----------------

                                MMC Energy, Inc.
    ------------------------------------------------------------------------
        (Exact name of small Business Issuer as specified in its charter)


          Nevada                                        98-0393819
---------------------------------             --------------------------------
(State or other jurisdiction of              (IRS Employer Identification No.)
 incorporation or organization)


747 17th Street, Suite 301
North Vancouver, British Columbia, Canada                 V7V 3T4
----------------------------------------      --------------------------------
(Address of principal executive offices)           (Postal or Zip Code)


Issuer's telephone number, including area code:        (604) 351-1897
                                                ------------------------------

                            High Tide Ventures, Inc.
    ------------------------------------------------------------------------
     (Former name, former address and former fiscal year, if changed since
                                 last report)


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  preceding  12
months (or for such  shorter  period  that the issuer was  required to file such
reports),  and (2) has been subject to such filing  requirements for the past 90
days [ X ] Yes [ ] 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

State the number of shares outstanding of each of the issuer's classes of common
stock, as of the latest practicable date:  12,650,000 shares of $0.001 par value
common stock outstanding as of May 11, 2006

<page>






                            HIGH TIDE VENTURES, INC.
                         (An Exploration Stage Company)


                          INTERIM FINANCIAL STATEMENTS


                                 MARCH 31, 2006
                                   (Unaudited)
                            (Stated in U.S. Dollars)








<page>

                            HIGH TIDE VENTURES, INC.
                         (An Exploration Stage Company)

                                 BALANCE SHEETS
                            (Stated in U.S. Dollars)

<table>
<caption>
-------------------------------------------------------------------------------------------------------------------------
                                                                                     March 31,            December 31,
                                                                                       2006                   2005
-------------------------------------------------------------------------------------------------------------------------

                                                                           <c>                      <c>
ASSETS

Current
     Cash and cash equivalents                                             $          39,117         $            50,107
=========================================================================================================================

LIABILITIES

Current
     Accounts payable and accrued liabilities                              $          23,157         $            20,458
     Due to related party (Note 4(a))                                                 50,000                      50,000
                                                                           ----------------------------------------------
                                                                                      73,157                      70,458
                                                                           ---------------------------------------------

STOCKHOLDERS' EQUITY

Common Stock (Note 5)
     Authorized:
         75,000,000 shares with a par value of $0.001

     Issued and Outstanding:
         12,650,000 common shares                                                     12,650                      12,650

     Additional paid-in capital                                                       42,600                      40,350

Deficit Accumulated During The Exploration Stage                                     (89,290)                    (73,351)
                                                                           ----------------------------------------------
                                                                                     (34,040)                    (20,351)
                                                                           ----------------------------------------------

                                                                           $          39,117         $            50,107
=========================================================================================================================
</table>

Nature And Continuance Of Operations (Note 1)









    The accompanying notes are an integral part of these financial statements

<page>

                            HIGH TIDE VENTURES, INC.
                         (An Exploration Stage Company)

                        INTERIM STATEMENTS OF OPERATIONS
                                   (Unaudited)
                            (Stated in U.S. Dollars)

<table>
<caption>
---------------------------------------------------------------------------------------------------------------------
                                                                                                       CUMULATIVE
                                                                                                      PERIOD FROM
                                                                                                       INCEPTION
                                                               THREE               THREE              FEBRUARY 13
                                                              MONTHS               MONTHS                 2003
                                                               ENDED               ENDED                   TO
                                                             MARCH 31,           MARCH 31,             MARCH 31,
                                                                2006                2005                  2006
---------------------------------------------------------------------------------------------------------------------

                                                       <c>                 <c>                  <c>

Revenue                                                $              -    $              -     $           -
                                                       --------------------------------------------------------------

Expenses
     Consulting                                                   9,000               1,500               28,500
     Mineral property costs                                           -                   -                8,990
     Organizational costs                                             -                   -                  420
     Office and sundry                                            1,176               1,501               13,970
     Professional fees                                            5,763               1,694               37,410
                                                       --------------------------------------------------------------

Net Loss For The Period                                $         15,939    $          4,695     $         89,290
=====================================================================================================================


Basic And Diluted Loss Per Share                       $          (0.00)   $          (0.00)
=====================================================================================================================


Weighted Average Number Of Shares Outstanding
                                                             12,650,000          12,650,000
===========================================================================================
</table>










    The accompanying notes are an integral part of these financial statements

<page>

                            HIGH TIDE VENTURES, INC.
                         (An Exploration Stage Company)

                        INTERIM STATEMENTS OF CASH FLOWS
                                   (Unaudited)
                            (Stated in U.S. Dollars)

<table>
<caption>
---------------------------------------------------------------------------------------------------------------------------------
                                                                                                                    CUMULATIVE
                                                                                                                    PERIOD FROM
                                                                                                                     INCEPTION
                                                                            THREE                 THREE             FEBRUARY 13
                                                                           MONTHS                 MONTHS               2003
                                                                            ENDED                 ENDED                 TO
                                                                          MARCH 31,             MARCH 31,            MARCH 31,
                                                                             2006                  2005                2006
---------------------------------------------------------------------------------------------------------------------------------

                                                                  <c>                     <c>                 <c>
Cash Flows From Operating Activities
  Net loss for the period                                         $        (15,939)       $          (4,695)  $        (89,290)

  Change in non-cash working capital balance related to operations:
        Accounts payable and accrued liabilities                             2,699                       25             23,157
        Prepaid expenses                                                         -                      (81)                 -
        Non-cash services from a director                                    2,250                    2,250             27,750
                                                                  -----------------------------------------------------------------
Cash Used In Operating Activities                                         ( 10,990)                  (2,501)           (38,383)
                                                                  -----------------------------------------------------------------

Cash Flows From Financing Activities
  Capital stock issued                                                           -                        -             27,500
  Advance from related party                                                     -                        -             50,000
                                                                  -----------------------------------------------------------------
Cash Provided By Financing Activities                                            -                        -             77,500
                                                                  -----------------------------------------------------------------

Net Increase (Decrease) In Cash During The Period                          (10,990)                  (2,501)            39,117

Cash, Beginning Of Period                                                   50,107                   14,854               -
                                                                  -----------------------------------------------------------------

Cash, End Of Period                                               $         39,117        $          12,353   $         39,117
===================================================================================================================================


Supplementary Disclosure Of Cash Flow Information
     Cash paid for:
         Interest                                                 $            -          $               -   $           -
         Income taxes                                             $            -          $               -   $           -
==================================================================================================================================
</table>




    The accompanying notes are an integral part of these financial statements

<page>

                            HIGH TIDE VENTURES, INC.
                         (An Exploration Stage Company)

                      NOTES TO INTERIM FINANCIAL STATEMENTS
                                 MARCH 31, 2006
                                   (Unaudited)
                            (Stated in U.S. Dollars)


1.   NATURE AND CONTINUANCE OF OPERATIONS

     a)  Organization

         The Company was incorporated in the State of Nevada, U.S.A., on
         February 13, 2003.

     b)  Exploration Stage Activities

         The Company has been in the  exploration  stage since its formation and
         has not yet realized any revenues  from its planned  operations.  It is
         primarily   engaged  in  the  acquisition  and  exploration  of  mining
         properties.  Upon location of a commercial minable reserve, the Company
         expects to  actively  prepare the site for its  extraction  and enter a
         development stage.

     c)  Going Concern

         The accompanying  financial  statements have been prepared assuming the
         Company will continue as a going concern.

         As shown in the  accompanying  financial  statements,  the  Company has
         incurred a net loss of $89,290  for the period from  February  13, 2003
         (inception)  to March 31, 2006,  and has no revenue.  The future of the
         Company is  dependent  upon its  ability to obtain  financing  and upon
         future  profitable  operations  from  the  development  of its  mineral
         properties.  Management has plans to seek additional  capital through a
         private  placement  and  public  offering  of  its  common  stock.  The
         financial  statements  do not include any  adjustments  relating to the
         recoverability and classification of recorded assets, or the amounts of
         an  classification  of liabilities that might be necessary in the event
         the Company cannot continue in existence.


2.   SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES


     a)  Basis of Presentation

         The  accompanying  unaudited  interim  financial  statements  have been
         prepared by the Company  pursuant to the rules and  regulations  of the
         United States Securities and Exchange  Commission.  Certain information
         and  disclosures  normally  included  in  annual  financial  statements
         prepared in accordance with accounting principles generally accepted in
         the United States of America have been condensed or omitted pursuant to

<page>

                            HIGH TIDE VENTURES, INC.
                         (An Exploration Stage Company)

                      NOTES TO INTERIM FINANCIAL STATEMENTS
                                 MARCH 31, 2006
                                   (Unaudited)
                            (Stated in U.S. Dollars)

2.   SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

     a)  Basis of Presentation (Continued)

         such  rules  and  regulations.   In  the  opinion  of  management,  all
         adjustments and disclosures  necessary for a fair presentation of these
         financial  statements have been included.  Such adjustments  consist of
         normal recurring adjustments. These interim financial statements should
         be read in  conjunction  with the audited  financial  statements of the
         Company for the fiscal period ended December 31, 2005.

         The results of operations for the three months ended March 31, 2006 are
         not indicative of the results that may be expected for the full year.

     b)  Cash and Cash Equivalents

         The Company  considers all highly liquid  instruments  with maturity of
         three months or less at the time of issuance to be cash equivalents. As
         at March 31, 2006, there were no cash equivalents.

     c)  Mineral Property Acquisition Payments and Exploration Costs

         The Company expenses all costs incurred on mineral  properties to which
         it has secured  exploration rights prior to the establishment of proven
         and probable  reserves.  If and when proven and  probable  reserves are
         determined for a property and a feasibility study prepared with respect
         to the property,  then subsequent  exploration and development costs of
         the property will be capitalized.

         The Company regularly performs evaluations of any investment in mineral
         properties to assess the  recoverability  and/or the residual  value of
         its investments in these assets. All long-lived assets are reviewed for
         impairment  whenever events or circumstances  change which indicate the
         carrying amount of an asset may not be recoverable.

     d)  Exploration Expenditures

         The  Company  follows a policy of  expensing  exploration  expenditures
         until a  production  decision in respect of the project and the Company
         is  reasonably  assured  that it will  receive  regulatory  approval to
         permit  mining  operations,  which may include the receipt of a legally
         binding project approval certificate.

         Management  periodically  reviews the carrying value of its investments
         in mineral leases and claims with internal and external  mining related
         professionals.  A  decision  to  abandon,  reduce or expand a  specific
         project is based  upon many  factors  including  general  and  specific
         assessments of mineral deposits, anticipated future mineral prices,

<page>

                            HIGH TIDE VENTURES, INC.
                         (An Exploration Stage Company)

                      NOTES TO INTERIM FINANCIAL STATEMENTS
                                 MARCH 31, 2006
                                   (Unaudited)
                            (Stated in U.S. Dollars)

2.   SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

     d)  Exploration Expenditures (Continued)

         anticipated  future  costs of  exploring,  developing  and  operating a
         production   mine,  the  expiration   term  and  ongoing   expenses  of
         maintaining  mineral  properties  and the general  likelihood  that the
         Company will continue exploration on such project. The Company does not
         set a  pre-determined  holding  period  for  properties  with  unproven
         deposits,  however,  properties  which have not  demonstrated  suitable
         metal  concentrations at the conclusion of each phase of an exploration
         program  are  re-evaluated  to  determine  if  future   exploration  is
         warranted,  whether  there  has been any  impairment  in value and that
         their carrying values are appropriate.

         If an area of  interest  is  abandoned  or it is  determined  that  its
         carrying  value cannot be supported by future  production or sale,  the
         related costs are charged against operations in the year of abandonment
         or  determination  of value. The amounts recorded as mineral leases and
         claims  represent costs to date and do not necessarily  reflect present
         or future values.

         The Company's exploration  activities and proposed mine development are
         subject to various laws and regulations governing the protection of the
         environment.  These laws are continually  changing,  generally becoming
         more  restrictive.  The  Company  has made,  and expects to make in the
         future, expenditures to comply with such laws and regulations.

         The accumulated  costs of properties that are developed on the stage of
         commercial   production   will  be  amortized  to  operations   through
         unit-of-production depletion.


3.   RELATED PARTY TRANSACTIONS

     a)  Services Rendered by Related Party

         The Company has been provided  with  non-cash  services from an officer
         and director.  Accordingly,  for the three months ended March 31, 2006,
         consulting  services  have been  recorded  of $1,500  (2005 -  $1,500),
         rental expense of $750 (2005 - $750) has been recorded,  and additional
         paid-in capital has been increased by the corresponding amounts.

         The  value  of  the   consulting   services  has  been   calculated  by
         establishing  the fair value of the hourly  rate,  times the  estimated
         total hours spent by the directors. The value of the rental expense has
         been  calculated  on a  pro-rata  percentage  of the fair  value of the
         donated office space.  No monetary amount will be paid or exchanged for
         these services.

<page>

                            HIGH TIDE VENTURES, INC.
                         (An Exploration Stage Company)

                      NOTES TO INTERIM FINANCIAL STATEMENTS
                                 MARCH 31, 2006
                                   (Unaudited)
                            (Stated in U.S. Dollars)


3.   RELATED PARTY TRANSACTIONS (Continued)

     b)  Loan Payable

         During the year ended  December  31, 2005 the  President of the Company
         provided a $50,000 loan to the Company. The loan is unsecured, bears no
         interest and is payable on demand.


4.   COMMON STOCK

     In October 2003, the Company issued 5,000,000 common shares to directors of
     the Company for total cash proceeds of $5,000.

     In April 2004,  the Company issued  7,500,000  common shares for total cash
     proceeds of $7,500.

     In May 2004,  the  Company  issued  150,000  common  shares  for total cash
     proceeds of $15,000. At September 30, 2005, there were no outstanding stock
     options or warrants.


5.  MINERAL PROPERTY

     Pursuant to a mineral property purchase  agreement (the "Agreement")  dated
     May 28,  2004,  the  Company  acquired a 100%  undivided  right,  title and
     interest in the 18 unit Sparta  mineral  claim,  located near Cross Lake in
     the South Mining  District  Division of Northwest  Territories,  Canada for
     $6,500 cash  payment.  The amount of the payment was expensed in accordance
     with the Company's policy at the time.


6.   SUBSEQUENT EVENTS

     On April 28, 2006, pursuant to Board and shareholder approval,  the Company
     amended its Articles of Incorporation to (i) change its name to MMC Energy,
     Inc.; and (ii) increase its authorized capitalization to 300,000,000 shares
     of common stock, and 10,000,000 shares of preferred stock.

     In addition,  on May 1, 2006, the Board declared a  1.53594772-for-1  stock
     split in the form of a stock dividend, payable to shareholders of record on
     May 2, 2006.

<page>

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

FORWARD LOOKING STATEMENTS

This quarterly report contains forward-looking statements that involve risks and
uncertainties.  We use words such as anticipate,  believe, plan, expect, future,
intend and similar expressions to identify such forward-looking  statements. You
should not place too much  reliance  on these  forward-looking  statements.  Our
actual results are likely to differ  materially from those  anticipated in these
forward-looking  statements  for many  reasons,  including the risks faced by us
described in this Risk Factors section and elsewhere in this annual report.

Plan of Operation

We are  currently  engaged in  discussions  with MMC Energy North  America,  LLC
regarding  the  possibility  of  a  reverse  triangular  merger  (the  "Merger")
involving the two companies. At this stage, no definitive terms have been agreed
to, and neither party is currently bound to proceed with the Merger.

With the  permission  of MMC Energy North  America,  LLC, on April 28, 2006,  we
filed a  Certificate  of  Amendment to our  Articles of  Incorporation  with the
Nevada Secretary of State changing our its name to MMC Energy, Inc.

In the  interim,  we intend to  maintain  our  interest  in the  Sparta  mineral
exploration  property. We own a 100% interest in the eighteen unit mineral claim
collectively known as the Sparta property.

We anticipate spending  approximately $20,000 on general administrative costs in
the next 12 months,  including  fees payable in connection  with our  compliance
with reporting obligations.

Results Of Operations For Period Ending March 31, 2006

We did not earn any revenues during the three-month period ended March 31, 2006.
We  incurred  operating  expenses  in the  amount of  $15,939  during the period
consisting of $9,000 in consulting fees,  $5,763 in professional fees and $1,176
in office and sundry costs.

Our net loss  increased  in the  three-month  period  ended March 31,  2006,  as
compared to the comparative period in 2005 ($15,939 as compared to $4,695). This
increase  was due to an increase in  professional  fees (from  $1,694 in 2005 to
$5,763 in 2006) and consulting fees (from $1,500 in 2005 to $9,000 in 2006) that
we incurred in connection with our  registration  as a reporting  issuer and our
application to have our shares quoted on the OTC Bulletin Board.

At March 31, 2006, we held assets of $39,117  consisting of cash and liabilities
of $73,157 consisting of accounts payable and accrued liabilities of $23,157 and
a $50,000 loan payable due to our president, Brent Peters.

We have not attained  profitable  operations  and are dependent  upon  obtaining
financing  to pursue  exploration  activities.  For these  reasons our  auditors
believe  that there is  substantial  doubt that we will be able to continue as a
going concern.

<page>

ITEM 3:  CONTROLS AND PROCEDURES

Evaluation of Disclosure Controls

Our  management  evaluated  the  effectiveness  of our  disclosure  controls and
procedures  as of the  end  of our  fiscal  quarter  on  March  31,  2006.  This
evaluation was conducted by our chief executive  officer,  Brent Peters, and our
principal accounting officer, Douglas Smith.

Disclosure  controls  are  controls  and other  procedures  that are designed to
ensure that  information that we are required to disclose in the reports we file
pursuant  to  the  Securities  Exchange  Act of  1934  is  recorded,  processed,
summarized and reported.

Limitations on the Effective of Controls

Our  management  does not expect that our  disclosure  controls or our  internal
controls over  financial  reporting  will prevent all error and fraud. A control
system, no matter how well conceived and operated,  can provide only reasonable,
but no absolute,  assurance  that the  objectives  of a control  system are met.
Further, any control system reflects limitations on resources,  and the benefits
of a control system must be considered  relative to its costs. These limitations
also include the realities that judgments in  decision-making  can be faulty and
that  breakdowns  can occur  because of simple  error or mistake.  Additionally,
controls  can be  circumvented  by the  individual  acts  of  some  persons,  by
collusion of two or more people or by management override of a control. A design
of a control  system is also  based upon  certain  assumptions  about  potential
future conditions;  over time, controls may become inadequate because of changes
in conditions,  or the degree of compliance  with the policies or procedures may
deteriorate.  Because of the inherent  limitations in a  cost-effective  control
system, misstatements due to error or fraud may occur and may not be detected.

Conclusions

Based upon the evaluation of our disclosure  controls and procedures,  our chief
executive officer and principal  accounting officer have concluded that, subject
to the  limitations  noted above,  the  disclosure  controls and  procedures are
effective providing  reasonable  assurance that material information relating to
us is made known to  management  on a timely  basis  during the period  when our
reports are being prepared.  There were no changes in our internal  control over
financial reporting that occurred during the quarter covered by this report that
have  materially  affected,  or are reasonably  likely to materially  affect our
internal control over financial reporting.

PART II- OTHER INFORMATION

Item 1.  Legal Proceedings

We are not a party to any pending legal  proceeding.  Management is not aware of
any threatened litigation, claims or assessments.

Item 2.  Changes in Securities

The Company  did not issue any  securities  during the  quarter  ended March 31,
2006.

Item 3. Defaults Upon Senior Securities

None.

<page>

Item 4. Submission of Matters to a Vote of Security Holders

None.

Item 5. Other Information

None.

Item 6. Exhibits and Report on Form 8-K

31.1  Certification pursuant to 18 U.S.C. Section 1350, as adopted pursuant
      to Section 302 of the Sarbanes-Oxley Act of 2002
31.2  Certification pursuant to 18 U.S.C. Section 1350, as adopted pursuant
      to Section 906 of the Sarbanes-Oxley Act of 2002
32.1  Certification pursuant to 18 U.S.C. Section 1350, as adopted pursuant
      to Section 906 of the Sarbanes-Oxley Act of 2002
32.2  Certification pursuant to 18 U.S.C. Section 1350, as adopted pursuant
      to Section 906 of the Sarbanes-Oxley Act of 2002

We did not file any current  reports on Form 8-K during the  three-month  period
ended March 31, 2006.

SIGNATURES

In accordance with the  requirements of the Exchange Act, the registrant  caused
this  report to be  signed on its  behalf  by the  undersigned,  thereunto  duly
authorized.

DATED:  May 11, 2006

MMC Energy, Inc.

/s/ Brent Peters

------------------------------
Brent Peters, President