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**SECURITIES        AND EXCHANGE COMMISSION**

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**FORM        10-QSB**

**June        30, 2007**

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*Commission        File No.  *
*0-52533*

**Across        America Real Estate Exchange, Inc. **

| Colorado                                                      | 20-8097439                                  |
|---------------------------------------------------------------|---------------------------------------------|
| (State                  or other jurisdiction                 | (IRS                  Employer File Number) |
| of                  incorporation)                            |                                        |
|                                                          |                                        |
|                                                          |                                        |
| 700                  17th                  Street, Suite 1200 |                                        |
| Denver,                  Colorado                             | 80202                                       |
| (Address                  of principal executive offices)     | (zip                  code)                 |

*-            1            -*

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**FORM        10-QSB **

**Across        America Real Estate Exchange, Inc. **

**TABLE        OF CONTENTS**

| PART                    I FINANCIAL INFORMATION                                                                                                                                                 |   |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
|                                                                                                                                                                                            |   |
| Item                    1. Financial Statements for the period ended June 30, 2007                                                                                                              | 3      |
|             Balance                    Sheet (Unaudited)                                                                            | 3      |
|             Statements                    of Operations (Unaudited)                                                                 | 4      |
|             Statements                    of Cash Flows (Unaudited)                                                                 | 5      |
|                                        Statement of Changes in Shareholders' Deficit (Unaudited) | 6      |
|             Notes                    to Consolidated Financial Statements                                                           | 7      |
|                                                                                                                                                                                  |   |
|                                                                                                                                                                                            |   |
| Item                    2. Management’s Discussion and Analysis and Plan of                    Operation                                                                                  | 10     |
|                                                                                                                                                                                            |   |
| Item                    3. Controls and Procedures                                                                                                                                              | 15     |
| 5                                                                                                                                                                                               |   |
| PART                    II OTHER INFORMATION                                                                                                                                                    |   |
|                                                                                                                                                                                            |   |
| Item                    1. Legal Proceedings                                                                                                                                                    | 15     |
| Item                    2. Changes in Securities                                                                                                                                                | 15     |
| Item                    3. Defaults Upon Senior Securities                                                                                                                                      | 15     |
| Item                    4. Submission of Matters to a Vote of Security Holders                                                                                                                  | 15     |
| Item                    5. Other Information                                                                                                                                                    | 15     |
| Item                    6. Exhibits and Reports on Form 8-K                                                                                                                                     | 16     |
|                                                                                                                                                                                            |   |
| Signatures                                                                                                                                                                                      | 16     |
|                                                                                                                                                                                            |   |

*-            2            -*

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**PART      I  FINANCIAL INFORMATION**

**ITEM      1.      FINANCIAL STATEMENTS**

| Across                America Real Estate Exchange, Inc.                                                                                                                                                                                                           |   |   |    |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|---------|
| (A                Development Stage Company)                                                                                                                                                                                                                       |   |   |    |
| Balance                Sheet                                                                                                                                                                                                                                       |   |   |    |
| (unaudited)                                                                                                                                                                                                                                                        |   |   |    |
| June                30, 2007                                                                                                                                                                                                                                       |   |   |    |
|                                                                                                                                                                                                                                                               |   |   |    |
|                                           Assets |   |   |    |
| Cash                and cash equivalents                                                                                                                                                                                                                           |   | $      | 3,692   |   |
| Deposits                                                                                                                                                                                                                                                           |   |   | 3,164   |   |
|      Total                assets                                                                                                                                                                                                          |   | $      | 6,856   |   |
|                                                                                                                                                                                                                                                               |   |   |    |   |
|                                                                                                                                                                                                                                                               |   |   |    |   |
|                   Liabilities                and Shareholders' Deficit                                                                                                   |   |   |    |   |
| Liabilities                                                                                                                                                                                                                                                        |   |   |    |   |
|   Accrued                liabilities                                                                                                                                                                                                                     |   | $      | 5,150   |   |
|   Note                payable, related party  (note 3)                                                                                                                                                                                         |   |   | 51,981  |   |
|      Total                liabilities                                                                                                                                                                                                     |   |   | 57,131  |   |
|                                                                                                                                                                                                                                                               |   |   |    |   |
| Shareholders'                deficit (note 4)                                                                                                                                                                                                                      |   |   |    |   |
|   Preferred                stock, $.10 par value; 1,000,000 shares authorized,                                                                                                                                                                           |   |   |    |   |
|      -0-                shares issued and outstanding                                                                                                                                                                                     |   |   |  - |   |
|   Common                stock, $.001 par value; 50,000,000 shares authorized,                                                                                                                                                                            |   |   |    |   |
|      1,810,476                shares issued and outstanding                                                                                                                                                                               |   |   | 1,810   |   |
|   Additional                paid-in-capital                                                                                                                                                                                                              |   |   | 614     |   |
|   Deficit                accumulated during development stage                                                                                                                                                                                            |   |   | (52,699 | ) |
|      Total                shareholders' deficit                                                                                                                                                                                           |   |   | (50,275 | ) |
|                                                                                                                                                                                                                                                               |   |   |    |   |
| Total                liabilities and shareholders deficit                                                                                                                                                                                                          |   | $      | 6,856   |   |

*-            3            -*

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| Across                America Real Estate Exchange, Inc.                                            |       |                                                    |       |       |                                                  |       |       |                        |       |       |       |       |       |                           |       |
|-----------------------------------------------------------------------------------------------------|------------|---------------------------------------------------------|------------|------------|-------------------------------------------------------|------------|------------|-----------------------------|------------|------------|------------|------------|------------|--------------------------------|------------|
| (A                Development Stage Company)                                                        |       |                                                    |       |       |                                                  |       |       |                        |       |       |       |       |       |                           |       |
| Statements                of Operations                                                             |       |                                                    |       |       |                                                  |       |       |                        |       |       |       |       |       |                           |       |
| (unaudited)                                                                                         |       |                                                    |       |       |                                                  |       |       |                        |       |            |       |       |       |                           |       |
|                                                                                                |       |                                                    | ** ** | ** ** | ** **                                            | ** ** | ** ** | ** **                  | ** ** | ** ** | ** ** | ** ** | ** ** | ** **                     | ** ** |
|                                                                                                | ** ** | ** **                                              | ** ** | ** ** | ** **                                            | ** ** | ** ** | ** **                  | ** ** | ** ** | ** ** | ** ** | ** ** | **December                1,** | ** ** |
|                                                                                                | ** ** | ** **                                              | ** ** | ** ** | ** **                                            | ** ** | ** ** | ** **                  | ** ** | ** ** | ** ** | ** ** | ** ** | **2005**                       | ** ** |
| ** **                                                                                          | ** ** | ** **                                              | ** ** | ** ** | ** **                                            | ** ** | ** ** | ** **                  | ** ** | ** ** | ** ** | ** ** | ** ** | **(Inception)**                | ** ** |
| ** **                                                                                          | ** ** | **Three                Months Ended   ** | ** ** | ** ** | **Six                Months Ended   ** | ** ** | ** ** | **Through**                 | ** ** |
| ** **                                                                                          | ** ** | **June                30,   **           | ** ** | ** ** | **June                30,   **         | ** ** | ** ** | **June                30,** | ** ** |
| ** **                                                                                          | ** ** | **2007**                                                | ** ** | ** ** | **2006**                                              | ** ** | ** ** | **2007**                    | ** ** | ** ** | **2006**   | ** ** | ** ** | **2007**                       |       |
|                                                                                                |       |                                                    |       |       |                                                  |       |       |                        |       |       |       |       |       |                           |       |
| Operating                expenses:                                                                  |       |                                                    |       |       |                                                  |       |       |                        |       |       |       |       |       |                           |       |
|    Selling,                general and administrative                                |       | $                                                       | 10,351     |       |                                                  | $          | -          |                        |       | $          | 50,218     |       |       | $                              | -          |   |   | $ | 50,718 |   |
|           Total                operating expenses |       |                                                    | 10,351     |       |                                                  |       | -          |                        |       |       | 50,218     |       |       |                           | -     |   |   |   | 50,718 |   |
|                                                                                                |       |                                                    |       |       |                                                  |       |       |                        |       |       |       |       |       |                           |       |   |   |   |   |   |
|           Loss                from operations     |       |                                                    | (10,351    | )          |                                                  |       | -          |                        |       |       | (50,218    | )          |       |                           | -     |   |   |   | (50,718 | ) |
|                                                                                                |       |                                                    |       |       |                                                  |       |       |                        |       |       |       |       |       |                           |       |   |   |   |   |   |
| Non-operating                expense:                                                               |       |                                                    |       |       |                                                  |       |       |                        |       |       |       |       |       |                           |       |   |   |   |   |   |
|   Interest                expense, related party (note 3)                                 |       |                                                    | (1,932     | )          |                                                  |       | -          |                        |       |       | (1,981     | )          |       |                           | -     |   |   |   | (1,981 | ) |
|           Loss                before income taxes |       |                                                    | (12,283    | )          |                                                  |       | -          |                        |       |       | (52,199    | )          |       |                           | -     |   |   |   | (52,699 | ) |
|                                                                                                |       |                                                    |       |       |                                                  |       |       |                        |       |       |       |       |       |                           |       |   |   |   |   |   |
|                                                                                                |       |                                                    |       |       |                                                  |       |       |                        |       |       |       |       |       |                           |       |   |   |   |   |   |
|           Net                loss                 |       | $                                                       | (12,283    | )          |                                                  | $          | -          |                        |       | $          | (52,199    | )          |       | $                              | -          |   |   | $ | (52,699 | ) |
|                                                                                                |       |                                                    |       |       |                                                  |       |       |                        |       |       |       |       |       |                           |       |   |   |   |   |   |
|                                                                                                |       |                                                    |       |       |                                                  |       |       |                        |       |       |       |       |       |                           |       |   |   |   |   |   |
| Basic                and diluted loss per share                                                     |       | $                                                       | (0.01      | )          |                                                  | $          | -          |                        |       | $          | (0.03      | )          |       | $                              | -          |   |   |   |   |   |
|                                                                                                |       |                                                    |       |       |                                                  |       |       |                        |       |       |       |       |       |                           |       |   |   |   |   |   |
| Basic                and diluted weighted average common                                            |       |                                                    |       |       |                                                  |       |       |                        |       |       |       |       |       |                           |       |   |   |   |   |   |
|    shares                outstanding                                                 |       |                                                    | 1,810,476  |       |                                                  |       | -          |                        |       |       | 1,810,476  |       |       |                           | 1,810,476  |   |   |   |   |   |

*-            4            -*

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| Across                America Real Estate Exchange, Inc.                                                                                   |   |                                |    |   |                        |   |   |                           |   |
|--------------------------------------------------------------------------------------------------------------------------------------------|--------|-------------------------------------|---------|--------|-----------------------------|--------|--------|--------------------------------|--------|
| (A              Development Stage Company)                                                                                                 |   |                                |    |   |                        |   |   |                           |   |
| Statements                of Cash Flows                                                                                                    |   |                                |    |   |                        |   |   |                           |   |
| (unaudited)                                                                                                                                |   |                                |    |   |                        |   |   |                           |   |
|                                                                                                                                       |   |                                |    |   |                        |   |   | **December                1,** |   |
|                                                                                                                                            |   |                                |    |   |                        |   |   | **2005**                       |   |
|                                                                                                                                            |   |                                |    |   |                        |   |   | **(Inception)**                |   |
|                                                                                                                                       |   | **Six                Months Ended** |    |   | **Through**                 |   |
|                                                                                                                                       |   | **June                30,**         |    |   | **June                30,** |   |
|                                                                                                                                       |   | **2007**                            |    |   | **2006**                    |   |   | **2007**                       |   |
| Cash                flows from operating activities:                                                                                       |   |                                |    |   |                        |   |   |                           |   |
| Net                loss                                                                                                                    |   | $                                   | (52,199 | )      |                        | $      | -      |                           |   | $ | (52,699 | ) |
| Adjustments                to reconcile net loss to net cash used by operating                activities:                                  |   |                                |    |   |                        |   |   |                           |   |   |   |   |
|   Warrant                expense  (note 5)                                                                             |   |                                | 424     |   |                        |   | -      |                           |   |   | 424 |   |
|      Changes                in operating assets and operating liabilities:                                        |   |                                |    |   |                        |   |   |                           |   |   |   |   |
|         Prepaid                expenses                                                            |   |                                | (3,164  | )      |                        |   | -      |                           |   |   |  (3,164 | )  |
|         Accounts                payable and accrued liabilities                                    |   |                                | 6,631   |   |                        |   | -      |                           |   |   | 7,131 |   |
|             Net                cash (used in) provided by operating activities |   |                                | (48,308 | )      |                        |   | -      |                           |   |   | (48,308 | ) |
|                                                                                                                                       |   |                                |    |   |                        |   |   |                           |   |   |   |   |
| Cash                flows from financing activities:                                                                                       |   |                                |    |   |                        |   |   |                           |   |   |   |   |
|         Proceeds                from sale of common stock                                          |   |                                | -       |   |                        |   | -      |                           |   |   | 2,000 |   |
|         Proceeds                from note payable, related party (note 3)                          |   |                                | 50,000  |   |                        |   | -      |                           |   |   | 50,000 |   |
|             Net                cash provided by financing activities           |   |                                | 50,000  |   |                        |   | -      |                           |   |   | 52,000 |   |
|             Net                change in cash                                  |   |                                | 1,692   |   |                        |   | -      |                           |   |   | 3,692 |   |
|                                                                                                                                       |   |                                |    |   |                        |   |   |                           |   |   |   |   |
| Cash                and cash equivalents, beginning of period                                                                              |   |                                | 2,000   |   |                        |   | -      |                           |   |   | — |   |
|                                                                                                                                       |   |                                |    |   |                        |   |   |                           |   |   |   |   |
| Cash                and cash equivalents, end of period                                                                                    |   | $                                   | 3,692   |   |                        | $      | -      |                           |   | $ | 3,692 |   |
|                                                                                                                                       |   |                                |    |   |                        |   |   |                           |   |   |   |   |
| Supplemental                disclosure of cash flow information:                                                                           |   |                                |    |   |                        |   |   |                           |   |   |   |   |
|      Cash                paid during the period for:                                                              |   |                                |    |   |                        |   |   |                           |   |   |   |   |
|           Income                taxes                                                    |   | $                                   | -       |   |                        | $      | -      |                           |   | $ | - |   |
|           Interest                                                                       |   | $                                   | -       |   |                        | $      | -      |                           |   | $ | - |   |

*-            5            -*

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| Across                  America Real Estate Exchange, Inc.            |   |                             |   |   |                          |   |   |       |   |   |                               |   |   |    |   |   |                                 |   |   |   |   |
|-----------------------------------------------------------------------|--------|----------------------------------|--------|--------|-------------------------------|--------|--------|------------|--------|--------|------------------------------------|--------|--------|---------|--------|--------|--------------------------------------|--------|--------|--------|--------|
| (A                  Development Stage Company)                        |   |                             |   |   |                          |   |   |       |   |   |                               |   |   |    |   |   |                                 |   |   |   |   |
| Statement                  of Changes in Shareholders' Deficit        |   |                             |   |   |                          |   |   |       |   |   |                               |   |   |    |   |   |                                 |   |   |   |   |
| for                  the six months ended June 30, 2007               |   |                             |   |   |                          |   |   |       |   |   |                               |   |   |    |   |   |                                 |   |   |   |   |
|  (unaudited)                                                     |   |                             |   |   |                          |   |   |       |   |   |                               |   |   |    |   |   |                                 |   |   |   |   |
|                                                                  |   |                             |   |   |                          |   |   |       |   |   |                               |   |   |    |   |   | Deficit                  Accumulated |   |   |   |   |
|                                                                  |   | Preferred                  Stock |   |   | Common                  Stock |   |   | Additional |   |   | Earnings                    During |   |   |    |   |
|                                                                  |   |                             |   |   | Par                           |   |   |       |   |   | Par                                |   |   | Paid-in |   |   | Development                          |   |   |   |   |
|                                                                  |   | Shares                           |   |   | Value                         |   |   | Shares     |   |   | Value                              |   |   | Captial |   |   | Stage                                |   |   | Total  |   |
| Balance                  at December 31, 2006                         |   |                             | -      |   |                          | $      | -      |       |   |   | 2,000,000                          |   |   | $       | 2,000  |   |                                 | $      | -      |   |   | $ | (500 | ) |   | $ | 1,500 |   |
|                                                                  |   |                             |   |   |                          |   |   |       |   |   |                               |   |   |    |   |   |                                 |   |   |   |   |   |   |   |   |   |   |   |
| January                  12, 2007 Warrant expense  (note 5) |   |                             | -      |   |                          |   | -      |       |   |   | -                                  |   |   |    | -      |   |                                 |   | 424    |   |   |   | - |   |   |   | 424 |   |
|                                                                  |   |                             |   |   |                          |   |   |       |   |   |                               |   |   |    |   |   |                                 |   |   |   |   |   |   |   |   |   |   |   |
| March                  22, 2007 - AARD Spin Off  (note 4)   |   |                             | -      |   |                          |   | -      |       |   |   | (189,524                           | )      |   |    | (190   | )      |                                 |   | 190    |   |   |   | - |   |   |   | - |   |
|                                                                  |   |                             |   |   |                          |   |   |       |   |   |                               |   |   |    |   |   |                                 |   |   |   |   |   |   |   |   |   |   |   |
| Net                  loss, six months ended                           |   |                             |   |   |                          |   |   |       |   |   |                               |   |   |    |   |   |                                 |   |   |   |   |   |   |   |   |   |   |   |
|    June                  30, 2007                      |   |                             | -      |   |                          |   | -      |       |   |   | -                                  |   |   |    | -      |   |                                 |   | -      |   |   |   | (52,199 | ) |   |   | (52,199 | ) |
|                                                                  |   |                             |   |   |                          |   |   |       |   |   |                               |   |   |    |   |   |                                 |   |   |   |   |   |   |   |   |   |   |   |
| Balance                  at June 30, 2007                             |   |                             | -      |   |                          | $      | -      |       |   |   | 1,810,476                          |   |   | $       | 1,810  |   |                                 | $      | 614    |   |   | $ | (52,699 | ) |   | $ | (50,275 | ) |

*-            6            -*

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**ACROSS        AMERICA REAL ESTATE EXCHANGE, INC.**

** (A      Development Stage Company)**

**Notes      to Financial Statements**

**(1)        Nature of Organization and Summary of Significant Accounting        Policies**

***Nature        of Organization and Basis of Presentation***

***(2)  Income        Taxes***

**(3)        Related Party Transactions**

***Promissory        Note and Warrants***

*-            7            -*

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**ACROSS      AMERICA REAL ESTATE EXCHANGE, INC.**

**(A      Development Stage Company)**

**Notes      to Financial Statements**

| Principal |   | $      | 50,000     |   |
|-----------|--------|--------|------------|--------|
| Interest  |   |   | 1,981      |   |
|      |   | **$**  | **51,981** |   |

**(4)      Stockholders’ Equity**

**(5)      Warrant Expense**

*-            8            -*

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**ACROSS      AMERICA REAL ESTATE EXCHANGE, INC.**

**(A      Development Stage Company)**

**Notes      to Financial Statements**

|                                     |   | Quarter                  Ended June 30, |   |
|------------------------------------------|--------|-----------------------------------------|--------|
|                                     |   | 2007                                    |   |
|                                     |   |                                    |   |
| Risk                  free interest rate |   |                                    | 4.76   | % |
| Expected                  life           |   |                                    | 5.0    |   |
| Dividend                  yield          |   |                                    | 0.00   | % |
| Expected                  volatility     |   |                                    | 0.00   | % |
| Fair                  Value              |   | $                                       | 0.0021 |   |

|                                       |   |                                       |    |   | Warrants                    Outstanding            |   |    |                                                   |   |   |                                         |   |   | Warrants                    Exercisable |   |   |                                               |   |
|--------------------------------------------|--------|--------------------------------------------|---------|--------|----------------------------------------------------|--------|---------|--------------------------------------------------------|--------|--------|----------------------------------------------|--------|--------|-----------------------------------------|--------|--------|----------------------------------------------------|--------|
|                                       |   | Number of                    Warrants |    |   | Weighted                    Average Exercise Price |   |    | Weighted                    Remaining Contractual Term |   |   | Aggregate                    Intrinsic Value |   |   | Shares                    Exercisable   |   |   | Weighted                    Average Exercise Price |   |   | Weighted                    Remaining Contractual Term |   |   | Aggregate                    Intrinsic Value |   |
|                                       |   |                                       |    |   |                                               |   |    |                                                   |   |   |                                         |   |   |                                    |   |   |                                               |   |   |   |   |   |   |   |
|                                       |   |                                       |    |   |                                               |   |    |                                                   |   |   |                                         |   |   |                                    |   |   |                                               |   |   |   |   |   |   |   |
| Balance                    at December 31, |   |                                       |    |   |                                               |   |    |                                                   |   |   |                                         |   |   |                                    |   |   |                                               |   |   |   |   |   |   |   |
| 2006                                       |   |                                       | -       |   |                                               |   | -       |                                                   |   |   | -                                            |   |   |                                    | -      |   |                                               |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |
|                                       |   |                                       |    |   |                                               |   |    |                                                   |   |   |                                         |   |   |                                    |   |   |                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Activity                    during 2007:   |   |                                       |    |   |                                               |   |    |                                                   |   |   |                                         |   |   |                                    |   |   |                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Granted                                    |   |                                       | 200,000 |   |                                               |   | 0.01    |                                                   |   |   | -                                            |   |   |                                    | -      |   |                                               |   | 200,000 |   |   |   | 0.01 |   |   |   | - |   |   |   | - |   |
| Expired/Cancelled                          |   |                                       | -       |   |                                               |   | -       |                                                   |   |   | -                                            |   |   |                                    | -      |   |                                               |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |
| Forfeited                                  |   |                                       | -       |   |                                               |   |  - |                                                   |   |   | -                                            |   |   |                                    | -      |   |                                               |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |
| Exercised                                  |   |                                       | -       |   |                                               |   |  - |                                                   |   |   | -                                            |   |   |                                    | -      |   |                                               |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |
|                                       |   |                                       |    |   |                                               |   |    |                                                   |   |   |                                         |   |   |                                    |   |   |                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Balance,                    at June 30,    |   |                                       |    |   |                                               |   |    |                                                   |   |   |                                         |   |   |                                    |   |   |                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| 2007                                       |   |                                       | 200,000 |   |                                               |   | 0.01    |                                                   |   |   | 4.8                                          |   |   |                                    | -      |   |                                               |   | 200,000 |   |   |   | 0.01 |   |   |   | 4.8 |   |   |   | - |   |

*-            9            -*

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**ITEM        2.       MANAGEMENT’S DISCUSSION AND ANALYSIS        AND PLAN OF OPERATION**

**Forward-Looking        Statements**

This        Quarterly Report on Form 10-QSB and the documents        incorporated herein by reference contain forward-looking statements that        have        been made pursuant to the provisions of the Private Securities Litigation        Reform        Act of 1995.  Such forward-looking statements are based on current        expectations, estimates, and projections about our industry, management beliefs,        and certain assumptions made by our management.  Words such as“anticipates”, “expects”, “intends”, “plans”, “believes”, “seeks”, “estimates”,        variations of such words, and similar expressions are intended to identify        such        forward-looking statements.  These statements are not guarantees of        future performance and are subject to certain risks, uncertainties, and        assumptions that are difficult to predict; therefore, actual results may        differ        materially from those expressed or forecasted in any such forward-looking        statements.  Unless required by law, we undertake no obligation to        update publicly any forward-looking statements, whether as a result of new        information, future events, or otherwise.  However, readers should        carefully review the risk factors set forth herein and in other reports and        documents that we file from time to time with the Securities and Exchange        Commission, particularly the Report on Form 10-SB, and Annual Reports on        Form        10-KSB, Quarterly reports on Form 10-QSB and any Current Reports on Form        8-K.

**Risk        Factors**

*The        occurrence of any of the following risks could materially and        adversely*
*affect our business, financial condition and operating result.        In this case,*
*the trading price of our common stock could decline and        you might lose all or*
*part of your investment.*

***If      we do not generate adequate revenues to finance our operations, our      business***
***may fail.***

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***Because      we had incurred a loss and have no current operations, our      accountants***
***have expressed doubts about our ability to      continue as a going concern.***

***The      lack of a broker or dealer to create or maintain a market in our      stock***
***could adversely impact the price and liquidity      of      our securities.***

***As      our stock will not be listed on Nasdaq or another national exchange,      trading***
***in our shares will be subject to rules      governing “penny stocks,” which will***
***impair trading      activity in our shares.***

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***Issuances      of our stock could dilute current shareholders and adversely      affect***
***the market price of our common stock, if a      public trading market develops.***

***Colorado      law and our Articles of Incorporation protect our directors      from***
***certain types of lawsuits, which could make it      difficult for us to recover***
***damages from them in the      event of a lawsuit.***

***Competition      in the real estate exchange industry is intense.***

***The      share control position of the Mr. Backman will limit the ability of      other***
***shareholders to influence corporate      actions.***

***Our      future success depends, in large part, on the continued service of      our***
***President***
**.**

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**Overview      and History**

**Results      of Operations**

**Liquidity      and Capital Resources**

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**Plan      of Operation for December 31, 2006 to December 31, 2007**

**Seasonality**

**Critical      Accounting Policies**

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**ITEM      3.     CONTROLS 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**

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**ITEM        6.  EXHIBITS AND REPORTS ON FORM 8-K**

| 3.1 | Articles                of Incorporation * |
|-----|--------------------------------------------|

| 3.2 | Bylaws* |
|-----|---------|

| 4.1 | Warrant                dated January 23, 2007 for Safe Harbor Development                Company* |
|-----|---------------------------------------------------------------------------------------------------|

| 10.1 | Promissory                Note dated January 23, 2007 with Safe Harbor Development                Company* |
|------|------------------------------------------------------------------------------------------------------------|

| 31.1 | Certification                of Chief Executive Officer and Chief Financial Officer pursuant to                Rule                13a-14(a)/15(d)-14(a) |
|------|----------------------------------------------------------------------------------------------------------------------------------------------------------|

| 32.1 | Certification                of Chief Executive Officer and Chief Financial Officer pursuant to                18                U.S.C. Section 1350, as adopted pursuant to Section 906 of the                Sarbanes-Oxley Act of 2002 |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**SIGNATURES**

|                                       | **ACROSS                AMERICA REAL ESTATE EXCHANGE,                INC.,**a  Colorado                  corporation |                                                                                                                                   |
|--------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------|
|                                       |                                                                                                                           |                                                                                                                                   |   |
| Date:                 August 13, 2007 | By:                                                                                                                            | /s/ G.              Brent Backman                                                                                                 |   |
|                                       |                                                                                                                           | G.              Brent Backman, President, Chief Executive Officer,                                                                     |   |
|                                       |                                                                                                                           | Chief                Financial Officer and Director (Principal                Executive, Accounting and Financial Officer)   |
|                                       |                                                                                                                           |                                                                                                                                   |   |

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