----

----

**U.S.        SECURITIES AND EXCHANGE COMMISSION**

**Washington,        D.C. 20549**

**FORM        10-QSB**

| x | QUARTERLY                  REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE                  ACT OF                  1934 |
|---|--------------------------------------------------------------------------------------------------------------------------------------------|

| o | TRANSITION                  REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE                  ACT OF                  1934 |
|---|---------------------------------------------------------------------------------------------------------------------------------------------|

**51147,        INC.**

| Delaware                                                                                        |                                                  |
|-------------------------------------------------------------------------------------------------|-------------------------------------------------------|
| (State                  or other jurisdiction of incorporationor                  organization) | (I.R.S.                  Employer Identification No.) |

----

**51147,        Inc.**

**(a        development stage company)**

**FINANCIAL        STATEMENTS**

**INDEX**

**Part        I-- FINANCIAL INFORMATION**

| Item                  1. | Financial                  Statements                                              |
|--------------------------|------------------------------------------------------------------------------------|
|                     |                                                                               |
| Item                  2. | Management’s                  Discussion and Analysis of Financial Condition |
|                     |                                                                               |
| Item                  3. | Control                  and Procedures                                            |

**Part        II-- OTHER INFORMATION**

| Item                  1. | Legal                  Proceedings                                   |
|--------------------------|----------------------------------------------------------------------|
|                     |                                                                 |
| Item                  2. | Changes                  in Securities                               |
|                     |                                                                 |
| Item                  3. | Defaults                  Upon Senior Securities                     |
|                     |                                                                 |
| Item                  4. | Submission                  of Matters to a Vote of Security Holders |
|                     |                                                                 |
| Item                  5. | Other                  Information                                   |
|                     |                                                                 |
| Item                  6. | Exhibits                  and Reports on Form 8-K                    |

----

**Item        1. Financial Information**

----

**51147,        INC.**

**(A        DEVELOPMENT STAGE COMPANY)**

**FINANCIAL        STATEMENTS**

**AS        OF APRIL 30, 2007**

| FINANCIAL                  STATEMENTS                                                                               | Page                  # |
|---------------------------------------------------------------------------------------------------------------------|-------------------------|
|                                                                                                                |                    |
|                                                                                                                |                    |
|          Balance                  Sheet                                | F-1                     |
|                                                                                                                |                    |
|                                                                                                                |                    |
|          Statement                  of Operations and Retained Deficit | F-2                     |
|                                                                                                                |                    |
|                                                                                                                |                    |
|          Statement                  of Stockholders Equity             | F-3                     |
|                                                                                                                |                    |
|                                                                                                                |                    |
|          Cash                  Flow Statement                          | F-4                     |
|                                                                                                                |                    |
|                                                                                                                |                    |
|          Notes                  to the Financial Statements            | F-5                     |
|                                                                                                                |                    |

----

| **51147,                  Inc.**                                                                  |   |
|---------------------------------------------------------------------------------------------------|--------|
| **(a                  development stage company)**                                                |   |
| **BALANCE                  SHEET**                                                                |   |
| **As                  of April 30, 2007 and January 31, 2007**                                    |   |
|                                                                                              |   |   |   |   |   |   |
| **ASSETS**                                                                                        |   |
|                                                                                              |   |   |   |   |   |   |
| **CURRENT                  ASSETS**                                                               |   | **4/30/2007** |   |   | **1/31/2007** |   |
|                                                                                              |   |   |   |   |   |   |
|     Cash                                                                      |   | $ | - |   |   | $ | - |   |
|                                                                                              |   |   |   |   |   |   |   |   |
|         Total                  Current Assets             |   |   | - |   |   |   | - |   |
|                                                                                              |   |   |   |   |   |   |   |   |
| **        TOTAL                  ASSETS**                 |   | $ | - |   |   | $ | - |   |
|                                                                                              |   |   |   |   |   |   |   |   |
| **LIABILITIES                  AND STOCKHOLDER'S EQUITY**                                         |   |
|                                                                                              |   |   |   |   |   |   |   |   |
| **CURRENT                  LIABILITIES**                                                          |   |   |   |   |   |   |   |   |
|                                                                                              |   |   |   |   |   |   |   |   |
|     Accrued                  Expenses                                         |   | $ | 4,625 |   |   | $ | 4,125 |   |
|                                                                                              |   |   |   |   |   |   |   |   |
|         Total                  Current Liabilities        |   |   | 4,625 |   |   |   | 4,125 |   |
|                                                                                              |   |   |   |   |   |   |   |   |
| **        TOTAL                  LIABILITIES**            |   |   | 4,625 |   |   |   | 4,125 |   |
|                                                                                              |   |   |   |   |   |   |   |   |
| **STOCKHOLDER'S                  EQUITY**                                                         |   |   |   |   |   |   |   |   |
|                                                                                              |   |   |   |   |   |   |   |   |
|     Common                  Stock - Par value $0.0001;                        |   |   |   |   |   |   |   |   |
|         Authorized:                  100,000,000          |   |   |   |   |   |   |   |   |
|         Issued                  and Outstanding: 100,000  |   |   | 253 |   |   |   | 253 |   |
|     Additional                  Paid-In Capital                               |   |   | 15,097 |   |   |   | 15,097 |   |
|     Accumulated                  Deficit                                      |   |   | (19,975 | ) |   |   | (19,475 | ) |
|                                                                                              |   |   |   |   |   |   |   |   |
|         Total                  Stockholder's Equity       |   |   | (4,625 | ) |   |   | (4,125 | ) |
|                                                                                              |   |   |   |   |   |   |   |   |
| **        TOTAL                  LIABILITIES AND EQUITY** |   | $ | - |   |   | $ | - |   |
|                                                                                              |   |   |   |   |   |   |   |   |

----

| **51147,                  Inc.**                                                               |   |
|------------------------------------------------------------------------------------------------|--------|
| **(a                  development stage company)**                                             |   |
| **STATEMENT                  OF OPERATIONS**                                                   |   |
| **For                  the three months ending April 30, 2007 and 2006,                  and** |   |
| **from                  inception (February 2, 2005) through April 30,                  2007** |   |
|                                                                                           |   |   |   |   |   |   |   |   |   |
|                                                                                           |   |   |   |   |   |   |   |   |   |
|                                                                                           |   | **3                  MONTHS** |   |   | **3                  MONTHS** |   |   |   |   |
|                                                                                           |   | **ENDING** |   |   | **ENDING** |   |   | **FROM** |   |
|                                                                                           |   | **4/30/2007** |   |   | **4/30/2006** |   |   | **INCEPTION** |   |
|                                                                                           |   |   |   |   |   |   |   |   |   |
| **REVENUE**                                                                                    |   | $ | - |   |   | $ | - |   |   | $ | - |   |
|                                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |
| **COST                  OF SERVICES**                                                          |   |   | - |   |   |   | - |   |   |   | - |   |
|                                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |
| **GROSS                  PROFIT OR (LOSS)**                                                    |   |   | - |   |   |   | - |   |   |   | - |   |
|                                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |
| **GENERAL                  AND ADMINISTRATIVE EXPENSES**                                       |   |   | 500 |   |   |   | 250 |   |   |   | 19,975 |   |
|                                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |
| **NET                  INCOME (LOSS)**                                                         |   |   | (500 | ) |   |   | (250 | ) |   |   | (19,975 | ) |
|                                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |
| **ACCUMULATED                  DEFICIT, BEGINNING BALANCE**                                    |   |   | (19,475 | ) |   |   | (2,225 | ) |   |   | - |   |
|                                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |
| **ACCUMULATED                  DEFICIT, ENDING BALANCE**                                       |   | $ | (19,975 | ) |   | $ | (2,475 | ) |   | $ | (19,975 | ) |
|                                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |
| **Earnings                  (loss) per share**                                                 |   | $ | (0.01 | ) |   | $ | (0.00 | ) |   |   |   |   |
|                                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |
| **Weighted                  average number of common shares**                                  |   |   | 100,000 |   |   |   | 100,000 |   |   |   |   |   |
|                                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |

----

| **51147,                  Inc.**                                                               |   |
|------------------------------------------------------------------------------------------------|--------|
| **(a                  development stage company)**                                             |   |
| **STATEMENT                  OF STOCKHOLDERS' EQUITY**                                         |   |
| **From                  inception (February 2, 2005) through April 30,                  2007** |   |
|                                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                           |   |   |   |   | **COMMON** |   |   | **PAID** |   |   | **ACCUM.** |   |   | **TOTAL** |   |
|                                                                                           |   | **SHARES** |   |   | **STOCK** |   |   | **IN                  CAPITAL** |   |   | **DEFICIT** |   |   | **EQUITY** |   |
|                                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Stock                  Issued on acceptance                                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| of                  incorporation expenses                                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| February                  2, 2005                                                              |   |   | 100,000 |   |   | $ | 100 |   |   | $ | - |   |   | $ | - |   |   | $ | 100 |   |
|                                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net                  Loss                                                                      |   |   | - |   |   |   | - |   |   |   | - |   |   |   | (2,225 | ) |   |   | (2,225 | ) |
|                                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total,                  January 31, 2006                                                       |   |   | 100,000 |   |   |   | 100 |   |   |   | - |   |   |   | (2,225 | ) |   |   | (2,125 | ) |
|                                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Stock                  Issued on acceptance                                                    |   |   | 275,000 |   |   |   | 28 |   |   |   | 2,722 |   |   |   | - |   |   |   | 2,750 |   |
| of                  expenses paid                                                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| July                  30, 2006                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Stock                  Issued on acceptance                                                    |   |   | 1,250,000 |   |   |   | 125 |   |   |   | 12,375 |   |   |   | - |   |   |   | 12,500 |   |
| of                  expenses paid                                                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| August                  15, 2006                                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net                  Loss                                                                      |   |   | - |   |   |   | - |   |   |   | - |   |   |   | (17,250 | ) |   |   | (17,250 | ) |
|                                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total,                  January 31, 2007                                                       |   |   | 1,625,000 |   |   | $ | 253 |   |   | $ | 15,097 |   |   | $ | (19,475 | ) |   | $ | (4,125 | ) |
|                                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net                  Loss                                                                      |   |   | - |   |   |   | - |   |   |   | - |   |   |   | (500 | ) |   |   | (500 | ) |
|                                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total,                  April 30, 2007                                                         |   |   | 1,625,000 |   |   | $ | 253 |   |   | $ | 15,097 |   |   | $ | (19,975 | ) |   | $ | (4,625 | ) |
|                                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |

----

| **51147,                  Inc.**                                                                         |   |
|----------------------------------------------------------------------------------------------------------|--------|
| **(a                  development stage company)**                                                       |   |
| **STATEMENTS                  OF CASH FLOWS**                                                            |   |
| **For                  the three months ending April 30, 2007 and April 30, 2006,                  and** |   |
| **from                  inception (February 2, 2005) through April 30,                  2007**           |   |
|                                                                                                     |   |   |   |   |   |   |   |   |   |
|                                                                                                     |   |   |   |   |   |   |   |   |   |
|                                                                                                     |   | **3                  MONTHS** |   |   | **3                  MONTHS** |   |   |   |   |
|                                                                                                     |   | **ENDING** |   |   | **ENDING** |   |   | **FROM** |   |
| **CASH                  FLOWS FROM OPERATING ACTIVITIES**                                                |   | **4/30/2007** |   |   | **4/30/2006** |   |   | **INCEPTION** |   |
|                                                                                                     |   |   |   |   |   |   |   |   |   |
|     Net                  income (loss)                                               |   | $ | (500 | ) |   | $ | (250 | ) |   | $ | (19,975 | ) |
|                                                                                                     |   |   |   |   |   |   |   |   |   |   |   |   |
|     Stock                  issued as compensation                                    |   |   | - |   |   |   | - |   |   |   | 15,350 |   |
|     Increase                  (Decrease) in Accrued Expenses                         |   |   | 500 |   |   |   | 250 |   |   |   | 4,625 |   |
|                                                                                                     |   |   |   |   |   |   |   |   |   |   |   |   |
|         Total                  adjustments to net income         |   |   | 500 |   |   |   | 250 |   |   |   | 19,975 |   |
|                                                                                                     |   |   |   |   |   |   |   |   |   |   |   |   |
|     Net                  cash provided by (used in) operating activities             |   |   | - |   |   |   | - |   |   |   | - |   |
|                                                                                                     |   |   |   |   |   |   |   |   |   |   |   |   |
| **CASH                  FLOWS FROM INVESTING ACTIVITIES**                                                |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                                     |   |   |   |   |   |   |   |   |   |   |   |   |
|     None                                                                             |   |   | - |   |   |   | - |   |   |   | - |   |
|                                                                                                     |   |   |   |   |   |   |   |   |   |   |   |   |
|     Net                  cash flows provided by (used in) investing activities       |   |   | - |   |   |   | - |   |   |   | - |   |
|                                                                                                     |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                                     |   |   |   |   |   |   |   |   |   |   |   |   |
| **CASH                  FLOWS FROM FINANCING ACTIVITIES**                                                |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                                     |   |   |   |   |   |   |   |   |   |   |   |   |
|     None                                                                             |   |   | - |   |   |   | - |   |   |   | - |   |
|                                                                                                     |   |   |   |   |   |   |   |   |   |   |   |   |
|     Net                  cash flows provided by (used in) financing activities       |   |   | - |   |   |   | - |   |   |   | - |   |
|                                                                                                     |   |   |   |   |   |   |   |   |   |   |   |   |
| **CASH                  RECONCILIATION**                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                                     |   |   |   |   |   |   |   |   |   |   |   |   |
|     Net                  increase (decrease) in cash                                 |   |   | - |   |   |   | - |   |   |   | - |   |
|     Cash                  -                  beginning balance                       |   |   | - |   |   |   | - |   |   |   | - |   |
|                                                                                                     |   |   |   |   |   |   |   |   |   |   |   |   |
| **CASH                  BALANCE - END OF PERIOD**                                                        |   | $ | - |   |   | $ | - |   |   | $ | - |   |
|                                                                                                     |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                                     |   |   |   |   |   |   |   |   |   |   |   |   |

----

**51147,        Inc.**

**(a        development stage company)**

**NOTES        TO FINANCIAL STATEMENTS**

**1.   Summary        of significant accounting policies:**

----

**51147,          Inc.**

**(a          development stage company)**

**NOTES          TO FINANCIAL STATEMENTS**

**2.   Related        Party Transactions and Going Concern:**

**3.   Accounts        Receivable and Customer Deposits:**

----

**51147,          Inc.**

**(a          development stage company)**

**NOTES          TO FINANCIAL STATEMENTS**

**4.   Use        of Estimates:**

**5.   Revenue        and Cost Recognition:**

**6.   Accrued        Expenses:**

**7.   Operating        Lease Agreements:**

**8.   Stockholder's        Equity:**

**9.   Required        Cash Flow Disclosure for Interest and Taxes Paid:**

**10.  Earnings        Per Share:**

----

**51147,          Inc.**

**(a          development stage company)**

**NOTES          TO FINANCIAL STATEMENTS**

**11.  Income        Taxes:**

| Deferred                  tax assets:                                                                      |   |   |   |
|------------------------------------------------------------------------------------------------------------|--------|--------|--------|
| Federal                  net operating loss                                                                |   | $      | 2,996  |   |
| State                  net operating                  loss         |   |   | 999    |   |
|                                                                                                       |   |   |   |   |
| Total                  Deferred Tax Asset                                                                  |   |   | 3,995  |   |
| Less                  valuation                  allowance         |   |   | (3,995 | ) |
|                                                                                                       |   |   | 0      |   |

| Federal                  income tax rate                                                                                            |   |   | 15.0   | %      |
|-------------------------------------------------------------------------------------------------------------------------------------|--------|--------|--------|--------|
| State                  tax, net of federal benefit                                                                                  |   |   | 5.0    | %      |
| Increase                  in valuation allowance                                                                                    |   |   | (20.0  | %)     |
|                                                                                                                                |   |   |   |   |
| Effective                  income tax                  rate             |   |   | 0.0    | %      |

----

**Item        2.**
**Management’s Discussion and Analysis        of Financial Conditions and Results of Operations**

----

**Item        3. Controls and Procedures**

*(a)           Evaluation        of disclosure controls and        procedures.*

*(b)           Changes        in internal        controls.*

**PART        II - OTHER INFORMATION**

----

| (a) | Exhibits |
|-----|----------|

| 31.1                    Certification pursuant to Section 302 of Sarbanes Oxley Act of                    2002 |
|----------------------------------------------------------------------------------------------------------------|

| 32.1                    Certification pursuant to Section 906 of Sarbanes Oxley Act of                    2002 |
|----------------------------------------------------------------------------------------------------------------|

| (b) | Reports                    of Form 8-K |
|-----|----------------------------------------|

| None |
|------|

**SIGNATURES**

|                                         | **51147,                  Inc.** |
|----------------------------------------------|----------------------------------|
|                                         | Registrant                       |
|                                         |                             |   |
| Date:                  October  2, 2007 | By:                              |  */s/Michael                  Zahorik*                                                       |
|                                         | Michael                  Zahorik |   |
|                                         | President                        |   |
|                                         |                             |   |   |   |