----

----

| þ | Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 |
|--------|-----------------------------------------------------------------------------------------|
|   | for the quarterly period ended  June 30, 2009                                 |

| o      | Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 |
|--------|------------------------------------------------------------------------------------------|
|   | For the transition period from _______________________ to ________________               |

| Nevada                                                        |   | 20-8018146                          |
|---------------------------------------------------------------|--------|-------------------------------------|
| (State or other jurisdiction ofincorporation or organization) |   | (I.R.S. EmployerIdentification No.) |

| Large accelerated filer o                                            |  Accelerated filer o              |
|----------------------------------------------------------------------|----------------------------------------|
| Non-accelerated filer o(do not check if a smaller reporting company) |  Smaller reporting company þ |

----

|                                                                                                                           | Page   |
|--------------------------------------------------------------------------------------------------------------------------------|--------|
| PART I FINANCIAL INFORMATION                                                                                                   | 3      |
| Item 1.   Financial Statements                                                                                  | 3      |
| Item 2.   Management’s Discussion and Analysis of Financial Condition and Results of Operations | 11     |
| Item 3.   Quantitative and Qualitative Disclosures about Market Risk                                            | 13     |
| Item 4T. Controls and Procedures                                                                                          | 13     |
|                                                                                                                           |   |
| PART II. OTHER INFORMATION                                                                                                     |   |
| Item 1.   Legal Proceedings                                                                                     | 14     |
| Item 1A. Risk Factors                                                                                                          | 14     |
| Item 2.    Unregistered Sales of Equity Securities and Use of Proceeds                                     | 14     |
| Item 3.    Defaults upon Senior Securities                                                                 | 14     |
| Item 4.    Submission of Matters to a Vote of Security Holders                                             | 14     |
| Item 5.    Other Information                                                                               | 14     |
| Item 6.    Exhibits                                                                                        | 14     |

----

FINAN

| Item 1. | Financial Statements |
|---------|----------------------|

|                                                                                                        |  Page |
|-------------------------------------------------------------------------------------------------------------|------------|
| Condensed Consolidated Balance Sheets as of June 30, 2009 (Unaudited) and December 31, 2008                 | 4          |
| Condensed Consolidated Statements of Operations for the Six Months Ended June 30, 2009 and 2008 (Unaudited) | 5          |
| Condensed Consolidated Statements of Cash Flows for the Six Months Ended June 30, 2009 and 2008 (Unaudited) | 6          |
| Notes to Condensed Consolidated Financial Statement (Unaudited)                                             | 7          |

----

 Balance 

|                                                                    |   |        | June 30, 2009 |       |   | December 31, 2008 |       |
|-------------------------------------------------------------------------|--------|-------------|---------------|------------|--------|-------------------|------------|
|   Assets                                                           |   | (Unaudited) |          |       |   |              |
|                                                                    |   |        |          |       |   |              |       |
| Current assets                                                          |   |        |          |       |   |              |
| Cash                                                                    |   | $           | 47,059        |       |   | $                 | 225,767    |   |
| Accounts receivable                                                     |   |        | 206,716       |       |   |              | 367,074    |   |
| Inventory                                                               |   |        | 390,698       |       |   |              | 186,516    |   |
| Prepaid and other current assets                                        |   |        | 12,668        |       |   |              | 17,650     |   |
|                                                                    |   |        |          |       |   |              |       |   |   |
| Total current assets                                                    |   |        | 657,141       |       |   |              | 797,007    |   |
|                                                                    |   |        |          |       |   |              |       |   |   |
|  Property and equipment, net                                       |   |        | 40,277        |       |   |              | 47,943     |   |
|                                                                    |   |        |          |       |   |              |       |   |   |
|  Other assets                                                      |   |        | 4,200         |       |   |              | -          |   |
|                                                                    |   |        |          |       |   |              |       |   |   |
| Total assets                                                            |   |        | $             | 701,618    |   |              | $          | 844,950 |   |
|                                                                    |   |        |          |       |   |              |       |   |   |
|  Liabilities and Stockholders' (Deficit)                           |   |        |          |       |   |              |       |   |
|                                                                    |   |        |          |       |   |              |       |   |   |
| Current liabilities                                                     |   |        |          |       |   |              |       |   |
| Line of credit                                                          |   | $           | 48,264        |       |   | $                 | 48,340     |   |
| Accounts payable                                                        |   |        | 467,363       |       |   |              | 379,693    |   |
| Other accrued expenses                                                  |   |        | 303,737       |       |   |              | 236,060    |   |
| Customer deposits                                                       |   |        | 283,431       |       |   |              | 447,202    |   |
| Notes payable                                                           |   |        | 181,115       |       |   |              | 212,751    |   |
| Legal settlement                                                        |   |        | 384,000       |       |   |              | 384,000    |   |
| Due related party                                                       |   |        | 250,153       |       |   |              | 232,304    |   |
| Officer loans                                                           |   |        | 39,461        |       |   |              | 39,461     |   |
|                                                                    |   |        |          |       |   |              |       |   |   |
| Total current liabilities                                               |   |        | 1,957,524     |       |   |              | 1,979,811  |   |
|                                                                    |   |        |          |       |   |              |       |   |   |
| Long-term liabilities                                                   |   |        |          |       |   |              |       |   |
| Notes payable                                                           |   |        | 109,181       |       |   |              | 24,811     |   |
| Officer advances                                                        |   |        | 369,375       |       |   |              | 369,375    |   |
|                                                                    |   |        |          |       |   |              |       |   |   |
|  Total liabilities                                                 |   |        | 2,436,080     |       |   |              | 2,373,997  |   |
|                                                                    |   |        |          |       |   |              |       |   |   |
| Commitments and Contingencies                                           |   |        | -             |       |   |              | -          |   |
|                                                                    |   |        |          |       |   |              |       |   |   |
| Stockholders' (deficit)                                                 |   |        |          |       |   |              |       |   |
|  Preferred stock - $0.001 par value; 1,000,000 shares              |   |        |          |       |   |              |       |   |
|  authorized; zero shares issued and outstanding                    |   |        | -             |       |   |              | -          |   |
| Common stock - $0.001 par value; 50,000,000 shares                      |   |        |          |       |   |              |       |   |
| authorized; 8,052,040 shares issued and outstanding                     |   |        | 8,052         |       |   |              | 8,046      |   |
| Paid in capital                                                         |   |        | 1,393,498     |       |   |              | 1,388,503  |   |
| Accumulated deficit                                                     |   |        | (3,136,012    | )          |   |              | (2,925,596 | ) |
|                                                                    |   |        |          |       |   |              |       |   |   |
|                                                                    |   |        |          | (1,734,462 | )      |              |       | (1,529,047 | ) |
|                                                                    |   |        |          |       |   |              |       |   |   |
| Total liabilities and stockholder's (deficit)                           |   | $           | 701,618       |       |   | $                 | 844,950    |   |
|                                                                    |   |        |          |       |   |              |       |   |   |
| The accompanying notes are an integral part of the financial statements |   |

----

 Statements 

|                                                                    |   | Three Months Ended |      |   | Six Months Ended |   |
|-------------------------------------------------------------------------|--------|--------------------|-----------|--------|------------------|--------|
|                                                                    |   | June 30,           |      |   | June 30,         |   |
|                                                                    |   | 2009               |      |   |             |   |   | 2009 |   |   |   |   |
|                                                                    |   | 2008               |      |   |             | 2008   |   |
| Sales                                                                   |   | $                  | 646,533   |   |             | $      | 461,540 |   |   | $ | 1,578,375 |   |   | $ | 932,706 |   |
| Cost of sales                                                           |   |               | 437,800   |   |             |   | 307,820 |   |   |   | 1,099,074 |   |   |   | 553,216 |   |
| Gross margin                                                            |   |               | 208,733   |   |             |   | 153,720 |   |   |   | 479,301 |   |   |   | 379,490 |   |
|                                                                    |   |               |      |   |             |   |   |   |   |   |   |   |   |   |   |   |
| Operating expenses                                                      |   |               |      |   |             |   |   |   |   |   |   |   |   |   |   |   |
| General and administrative expenses                                     |   |               | 322,477   |   |             |   | 217,058 |   |   |   | 632,076 |   |   |   | 444,807 |   |
|                                                                    |   |               |      |   |             |   |   |   |   |   |   |   |   |   |   |   |
| Total operating expenses                                                |   |               | 322,477   |   |             |   | 217,058 |   |   |   | 632,076 |   |   |   | 444,807 |   |
|                                                                    |   |               |      |   |             |   |   |   |   |   |   |   |   |   |   |   |
| Loss from operations                                                    |   |               | (113,744  | )      |             |   | (63,338 | ) |   |   | (152,775 | ) |   |   | (65,317 | ) |
|                                                                    |   |               |      |   |             |   |   |   |   |   |   |   |   |   |   |   |
| Recovery of contingency                                                 |   |               | -         |   |             |   | - |   |   |   | - |   |   |   | 566,154 |   |
| Interest expense                                                        |   |               | (37,454   | )      |             |   | (8,131 | ) |   |   | (57,641 | ) |   |   | (13,334 | ) |
|                                                                    |   |               |      |   |             |   |   |   |   |   |   |   |   |   |   |   |
| Income (Loss) before taxes                                              |   |               | (151,198  | )      |             |   | (71,469 | ) |   |   | (210,416 | ) |   |   | 487,503 |   |
|                                                                    |   |               |      |   |             |   |   |   |   |   |   |   |   |   |   |   |
| Income taxes                                                            |   |               | -         |   |             |   | - |   |   |   | - |   |   |   | - |   |
|                                                                    |   |               |      |   |             |   |   |   |   |   |   |   |   |   |   |   |
| Net income (loss)                                                       |   | $                  | (151,198  | )      |             | $      | (71,469 | ) |   | $ | (210,416 | ) |   | $ | 487,503 |   |
|                                                                    |   |               |      |   |             |   |   |   |   |   |   |   |   |   |   |   |
|                                                                    |   |               |      |   |             |   |   |   |   |   |   |   |   |   |   |   |
| Net income per common share:                                            |   |               |      |   |             |   |   |   |   |   |   |   |   |   |   |   |
| Basic                                                                   |   | $                  | (0.02     | )      |             | $      | (0.01 | ) |   | $ | (0.03 | ) |   | $ | 0.06 |   |
| Diluted                                                                 |   | $                  | (0.02     | )      |             | $      | (0.01 | ) |   | $ | (0.03 | ) |   | $ | 0.05 |   |
|                                                                    |   |               |      |   |             |   |   |   |   |   |   |   |   |   |   |   |
| Weighted average shares outstanding:                                    |   |               |      |   |             |   |   |   |   |   |   |   |   |   |   |   |
| Basic                                                                   |   |               | 8,046,718 |   |             |   | 7,746,473 |   |   |   | 8,046,718 |   |   |   | 7,746,309 |   |
| Diluted                                                                 |   |               | 8,046,718 |   |             |   | 7,746,473 |   |   |   | 8,046,718 |   |   |   | 9,562,044 |   |
|                                                                    |   |               |      |   |             |   |   |   |   |   |   |   |   |   |   |   |
| The accompanying notes are an integral part of the financial statements |   |

----

ash

|                                                                                            |   | 2009   |     |   | 2008   |   |
|-------------------------------------------------------------------------------------------------|--------|--------|----------|--------|--------|--------|
| Cash flows from operating activities                                                            |   |   |     |   |   |   |
|   Net income (loss)                                                                   |   | $      | (210,416 | )      |   | $      | 487,503 |   |
|   Adjustments to reconcile net income (loss) to net cash used in operating activities |   |   |     |   |   |   |   |   |
|   Depreciation                                                                        |   |   | 12,541   |   |   |   | 6,819 |   |
|   Amortization of debt discount                                                       |   |   | 39,829   |   |   |   | - |   |
|   Accrued interest                                                                    |   |   | 4,218    |   |   |   | 1,446 |   |
|   Change in accounts receivable                                                       |   |   | 160,358  |   |   |   | (156,363 | ) |
|   Change in inventory                                                                 |   |   | (204,182 | )      |   |   | (26,977 | ) |
|   Changes in prepaid expenses                                                         |   |   | 4,982    |   |   |   | 26,102 |   |
|   Change in other assets                                                              |   |   | (4,200   | )      |   |   |   |   |
|   Change in amounts due to related party                                              |   |   | 17,849   |   |   |   | 43,060 |   |
|   Change in customer deposits                                                         |   |   | (163,771 | )      |   |   | 97,997 |   |
|   Change in accounts payable                                                          |   |   | 87,670   |   |   |   | (24,733 | ) |
|   Change in accrued expenses                                                          |   |   | 67,677   |   |   |   | - |   |
|   Change in Legal Settlement                                                          |   |   | -        |   |   |   | (566,154 | ) |
|                                                                                            |   |   |     |   |   |   |   |   |
| Net cash used in operating activities                                                           |   |   | (187,445 | )      |   |   | (111,300 | ) |
|                                                                                            |   |   |     |   |   |   |   |   |
| Cash Flows from investing activities                                                            |   |   |     |   |   |   |   |   |
|   Purchase of property and equipment                                                  |   |   | (4,875   | )      |   |   | - |   |
|                                                                                            |   |   |     |   |   |   |   |   |
| Net cash used in investing activities                                                           |   |   | (4,875   | )      |   |   | - |   |
|                                                                                            |   |   |     |   |   |   |   |   |
|   Cash flows from financing activities                                                |   |   |     |   |   |   |   |   |
|   Proceeds from subscription receivable                                               |   |   | -        |   |   |   | 63,020 |   |
|   Proceeds from notes payable                                                         |   |   | 100,000  |   |   |   | 95,211 |   |
|   Principal payments on notes payable                                                 |   |   | (88,982  | )      |   |   | (85,988 | ) |
|   Proceeds from line of credit                                                        |   |   | -        |   |   |   | 16,315 |   |
|   Payments on officer notes                                                           |   |   | -        |   |   |   | (2,425 | ) |
|   Payments   on line of credit                                         |   |   | (76      | )      |   |   | - |   |
|                                                                                            |   |   |     |   |   |   |   |   |
| Net cash provided by financing activities                                                       |   |   | 10,942   |   |   |   | 86,133 |   |
|                                                                                            |   |   |     |   |   |   |   |   |
| Foreign exchange rates effect on cash                                                           |   |   | 2,670    |   |   |   | - |   |
|                                                                                            |   |   |     |   |   |   |   |   |
| Increase (decrease) in cash                                                                     |   |   | (178,708 | )      |   |   | (25,167 | ) |
|                                                                                            |   |   |     |   |   |   |   |   |
| Cash, beginning of period                                                                       |   |   | 225,767  |   |   |   | 70,314 |   |
|                                                                                            |   |   |     |   |   |   |   |   |
| Cash, end of period                                                                             |   | $      | 47,059   |   |   | $      | 45,147 |   |
|                                                                                            |   |   |     |   |   |   |   |   |
| Cash paid for                                                                                   |   |   |     |   |   |   |   |   |
| Interest                                                                                        |   | $      | 21,890   |   |   | $      | 4,247 |   |
| Income taxes                                                                                    |   |   | -        |   |   |   | - |   |
|                                                                                            |   |   |     |   |   |   |   |   |
| Non Cash Investing and Financing Activities:                                                    |   |   |     |   |   |   |   |   |
| Issuance of  5,322 shares of common stock with promissory notes                       |   |   | 5,000    |   |   |   |   |   |
| Issuance of  3,750 shares of common stock with promissory notes                       |   |   |     |   |   |   | 9,263 |   |
| Issuance of  15,000 warrants with promissory notes                                    |   |   |     |   |   |   | 21,150 |   |
| The accompanying notes are an integral part of the financial statements                         |   |

----

te

----

|          |   | Six months ended June 30, |   |
|---------------|--------|---------------------------|--------|
| Region        |   | 2009                      |   |   | 2008 |   |
| United States |   |                      | 89     | % |   |   | 53 | % |
| Europe        |   |                      | 11     | % |   |   | 47 | % |
|          |   |                      |   |   |   |   |   |   |
| Total:        |   |                      | 100    | % |   |   | 100 | % |

|             |   | June 30, 2009 |    |   | December 31, 2008 |   |
|------------------|--------|---------------|---------|--------|-------------------|--------|
| Raw Materials    |   | $             | 118,500 |   |              | $      | 114,000 |   |
| Work in Progress |   |          | 272,198 |   |              |   | 72,516 |   |
|             |   | $             | 390,698 |   |              | $      | 186,516 |   |
|             |   |          |    |   |              |   |   |   |

|                                        |   | 2009   |           |
|---------------------------------------------|--------|--------|----------------|
| Costs incurred this period                  |   | $      | 365,755        |   |
| Estimated contract profit this period       |   |   | 109,111        |   |
| Less: billings to date                      |   |   |  (552,075 | ) |
| Billings in excess of costs for this period |   | $      | (77,209        | ) |

----

|                                                                                                                                          |   | Total  |    |   |    |   |
|-----------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|---------|--------|---------|--------|
|                                                                                                                                          |   | Amount |    |   | Current |   |
| Unsecured note payable to a financial institution in a foreign country; 12.4% per annum; monthly payments of $242                             |   | $      | 751     |   |    | $      | 751 |   |
| Secured note payable to a financial institution; 10% interest per annum; monthly payments of $756 to 2012; collateralized by an automobile    |   |   | 30,238  |   |    |   | 9,827 |   |
| Unsecured promissory note agreements, less unamortized discount of $7,196 in 2009; effective interest rates range approximately 2.99% - 6.24% |   |   | 247,182 |   |    |   | 158,412 |   |
| Unsecured note payable to an individual;  interest at  7%                                                                 |   |   | 12,125  |   |    |   | 12,125 |   |
|                                                                                                                                          |   | $      | 290,296 |   |    | $      | 181,115 |   |
|                                                                                                                                          |   |   |    |   |    |   |   |   |

----

----

| Item 2. | Management’s Discussion and Analysis of Financial Condition and Results of Operations |
|---------|---------------------------------------------------------------------------------------------|

|                       |   | Six Months ended |   |
|----------------------------|--------|------------------|--------|
|                       |   | June 30,         |   |
|                       |   | 2009             |   |   | 2008 |   |
| Revenues                   |   |             | 100    | % |   |   | 100 | % |
| Cost of Goods Sold         |   |             | -70    | % |   |   | -59 | % |
| Gross Profit               |   |             | 30     | % |   |   | 41 | % |
| Operating Expenses:        |   |             |   |   |   |   |   |   |
| General and Administrative |   |             | -40    | % |   |   | -48 | % |
| Total Operating Expenses   |   |             | -40    | % |   |   | -48 | % |
| Other Income (Expenses)    |   |             | -.03   | % |   |   | 59 | % |
| Income (Loss) before Taxes |   |             | -13    | % |   |   | 52 | % |
| Net income (loss)          |   |             | -13    |  % |   |   | 52 | % |

----

----

| Item 3. | Quantitative and Qualitative Disclosures about Market Risk |
|---------|------------------------------------------------------------|

| Item 4T. | Controls and Procedures |
|----------|-------------------------|

----

OTHER INFORMATION 

| Item 1. | Legal Proceedings. |
|---------|--------------------|

| Item 2. | Unregistered Sales of Equity Securities and Use of Proceeds. |
|---------|--------------------------------------------------------------|

| Item 3. | Default upon Senior Securities. |
|---------|---------------------------------|

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

| Item 5. | Other Information. |
|---------|--------------------|

| Item 6. | Exhibits |
|---------|----------|

| No.  | Exhibit                                                                                             |
|------|-----------------------------------------------------------------------------------------------------|
| 4.1  | Form of uncollateralized promissory note                                                            |
| 4.2  | Form of uncollateralized promissory note extension                                                  |
| 31.1 | Certification by Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. |
| 31.2 | Certification by Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. |
| 32.1 | Certification by Chief Executive Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. |
| 32.2 | Certification by Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. |

----

|            | Phoenix International Ventures, Inc. |                                  |
|-----------------|--------------------------------------|---------------------------------------|
|            | (Registrant)                         |                                  |
|            |                                 |                                  |   |
| August 11, 2009 | By:                                  | /s/ Zahir Teja                   |   |
|            |                                 | Zahir Teja                            |   |
|            |                                 | President and Chief Executive Officer |   |
|            |                                 |                                  |   |

|            |   |                                                                |
|-----------------|--------|---------------------------------------------------------------------|
|            |   |                                                                |
|            |   |                                                                |   |
| August 11, 2009 | By:    | /s/ Neev Nissenson                                             |   |
|            |   | Neev Nissenson                                                      |   |
|            |   | Chief Financial Officer(principal financial and accounting officer) |   |
|            |   |                                                                |   |

----

| No.  | Exhibit                                                                                             |
|------|-----------------------------------------------------------------------------------------------------|
| 4.1  | Form of uncollateralized promissory note                                                            |
| 4.2  | Form of uncollateralized promissory note extension                                                  |
| 31.1 | Certification by Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. |
| 31.2 | Certification by Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. |
| 32.1 | Certification by Chief Executive Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. |
| 32.2 | Certification by Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. |

----