UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________  FORM 10  Q _______________________________  [mark one]  SQUARTERLY REPORT UNDER SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934  For the quarterly period ended: September 30, 2008  £TRANSITION REPORT UNDER SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934  For the transition period from ______________ to ______________  Commission File Number:   000-52534  ENDEAVOR URANIUM, INC. (Name of Small Business Issuer in Its Charter) Nevada72-1619357(State or Other JurisdictionIRS Employerof Incorporation or Organization)Identification Number  10161 Park Run Drive, Suite 150 Las Vegas, NV 89145 619-399-3090 (Address and Telephone Number of Principal Executive Offices)  Securities registered under Section 12(b) of the Exchange Act:Title of each class registered:Name of each exchange on which registered:NoneOver-the-Counter Bulletin BoardSecurities registered under Section 12(g) of the Exchange Act:Common Stock, par value $0.0001
(Title of class)  with a copy to: Carrillo Huettel, LLP 501 W. Broadway, Suite 800 San Diego, CA 92101 Telephone (619) 399-3090 Telecopier (619) 330-1888      Indicate by checkmark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.                  YES S   NO £  Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See definitions of large accelerated filer, accelerated filer, and smaller reporting company in Rule 12b-2 of the Exchange Act. (Check one):  Large accelerated filer £Accelerated filer £Non-accelerated filer £Smaller reporting company S(Do not check if a smaller reporting company)  Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).                    YES S   NO £  The registrant has 65,344,865 shares of common stock outstanding as of September 30, 2008.      2      Quarterly Report on FORM 10-Q For The Period Ended September 30, 2008  Table of Contents  Endeavor Uranium, Inc. Page No.PART I - FINANCIAL INFORMATION4ITEM 1.FINANCIAL STATEMENTSBalance Sheets5Statements of Operations6Statements of Cash Flows7Notes to Financial Statements8ITEM 2.MANAGEMENTS DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS13ITEM 4T.CONTROLS AND PROCEDURES19PART II - OTHER INFORMATIONITEM 1.LEGAL PROCEEDINGS20ITEM 1A.RISK FACTORS20ITEM 2.UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS20ITEM 3.DEFAULTS UPON SENIOR SECURITIES20ITEM 4.SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS20ITEM 5.OTHER INFORMATION20ITEM 6.EXHIBITS21SIGNATURES22  3      PART I. ITEM 1.  FINANCIAL STATEMENTS  Endeavor Uranium, Inc. (An Exploration Stage Company)  September 30, 2008    IndexBalance Sheets5Statements of Operations6Statements of Cash Flows7Notes to the Financial Statements8  4


Endeavor Uranium, Inc. (An Exploration Stage Company) Balance Sheets (expressed in U.S. dollars)   September 30,
2008
$
(unaudited)December 31,
2007
$ASSETSCurrent AssetsCash34784Total Current Assets34784Mineral Properties (Note 3)5,600,000Total Assets3475,600,084LIABILITIES AND STOCKHOLDERS EQUITY (DEFICIT)Current LiabilitiesAccounts Payable4,68810,000Accrued Liabilities22,150Due to Related Parties (Note 5)9,5889,588Note Payable (Note 4)124,568Total Liabilities160,99419,588Stockholders Equity (Deficit)Preferred Stock
Authorized: 10,000,000 preferred shares, with a par value of $0.001 per share
issued and outstanding: nil common sharesCommon Stock
Authorized: 6,500,000,000 common shares, with a par value of $0.0001
issued and outstanding: 65,344,865 common shares6,5356,535Additional Paid-In Capital (Note 4)5,937,4065,672,456Accumulated Deficit During the Development Stage(6,104,588)(98,495)Total Stockholders Equity (Deficit)(160,647)5,580,496Total Liabilities and Stockholders Equity (Deficit)3475,600,084  Going Concern (Note 1)   (The accompanying notes are an integral part of these financial statements) 5     Endeavor Uranium, Inc. (An Exploration Stage Company) Statements of Operations (expressed in U.S. dollars) (unaudited)   For the Three Months Ended September 30,
2008For the Three Months Ended September 30,
2007For the Nine Months Ended September 30,
2008For the Nine Months Ended September 30,
2007Accumulated from July 6, 2005 (Date of Inception) to September 30, 2008$$$$$RevenueExpensesGeneral and Administrative4,99746428,80846,33180,851Mineral Property (Note 3)5,600,0005,977,3775,977,377Professional Fees18,50075041,06722,67589,342Total Expenses5,623,4971,2146,047,25269,0066,147,570Other Income (Expenses)Gain on Settlement of Debt41,15941,15941,159Interest Income199241,823Net Loss for the Period(5,582,338)(1,195)(6,006,093)(68,082)(6,104,588)Net Loss Per Shares  Basic and Diluted(0.09)(0.09)Weighted Average Shares Outstanding65,344,800206,209,56265,344,800206,209,562   (The accompanying notes are an integral part of these financial statements) 6


Endeavor Uranium, Inc. (An Exploration Stage Company) Statements of Cash Flows (expressed in U.S. dollars) (unaudited)   For the Nine Months Ended September 30,
2008For the Nine Months Ended September 30,
2007Accumulated from July 6, 2005 (Date of Inception) to September 30,
2008$$$Operating ActivitiesNet loss for the period(6,006,093)(68,082)(6,104,588)Adjustments to reconcile net income to net cash provided by operating activities:Impairment of Mineral Properties5,600,0005,600,000Gain on Settlement of Debt(41,159)(41,159)Changes in operating assets and liabilities:Accounts payable and accrued liabilities16,8381,82426,838Due to related parties9,588Net Cash Used In Operating Activities(430,414)(66,258)(509,321)Financing ActivitiesProceeds from loans payable165,727165,727Proceeds from shareholders264,950264,950Proceeds from issuance of common shares83,991Repayment on cancellation of common shares(5,000)Net Cash Provided By Financing Activities430,677509,668Increase (Decrease) in Cash263(66,258)347Cash  Beginning of Period8467,093Cash  End of Period347834347Supplemental DisclosuresInterest paidIncome tax paidNon-cash Investing and Financing ActivitiesCommon shares issued to acquire mineral properties5,600,000  (The accompanying notes are an integral part of these financial statements) 7


Endeavor Uranium, Inc. (An Exploration Stage Company) Notes to the Financial Statements (expressed in U.S. dollars) (unaudited)    1. Nature of Operations and Continuance of Business  Endeavor Uranium, Inc. (the Company) was incorporated in the State of Nevada on July 6, 2005 under the name VB Biotech Laboratories, Inc. (VB Labs).  On September 21, 2007, the Company filed a Certificate of Amendment with the State of Nevada to change its operating name to VB Trade, Inc. (VB Trade), with principal business operations to develop an online website that allowed web designers to sell their website designs in exchange for a commission on all products that were sold through the website.   On September 21, 2007, the Company entered into a Plan of Merger (the Merger) with Endeavor Uranium, Inc., a mineral exploration company with mineral properties in the northwestern United States.  Effectively, the Company changed its name to Endeavor Uranium, Inc. as part of the Merger transaction.  The Company is an Exploration Stage Company, as defined by Statement of Financial Accounting Standard (SFAS) No.7, Accounting and Reporting by Development Stage Enterprises.  These financial statements have been prepared on a going concern basis, which implies that the Company will continue to realize its assets and discharge its liabilities in the normal course of business. The Company has generated no revenues to date and has never paid any dividends and is unlikely to pay dividends or generate significant earnings in the immediate or foreseeable future.  As at September 30, 2008, the Company had a working capital deficit of $160,647 and an accumulated deficit of $6,104,588. The continuation of the Company as a going concern is dependent upon the continued financial support from its shareholders, the ability to raise equity or debt financing, and the attainment of profitable operations from the Company's future business. These factors raise substantial doubt regarding the Companys ability to continue as a going concern. These financial statements do not include any adjustments to the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.  On July 31, 2008, the Companys exploration of its mineral properties, as noted in Note 3, did not yield results that would be profitable to continue exploration.  As at September 30, 2008, the Company has impaired the net book value of its mineral properties and are currently exploring the acquisition of other mineral properties.  On September 30, 2008, a shareholder of the Company assumed $264,950 of outstanding debt owed by the Company to various creditors and forgave a note payable with a book value of $41,159, which has been recorded as a gain on settlement of debt for the nine months ended September 30, 2008.  2. Summary of Significant Accounting Policies  a) Basis of Presentation  These financial statements and related notes are presented in accordance with accounting principles generally accepted in the United States, and are expressed in US dollars. The Companys fiscal year-end is December 31.  b) Interim Financial Statements  These interim unaudited financial statements have been prepared in accordance with accounting principles generally accepted in the United States for interim financial information and with the instructions to Securities and Exchange Commission (SEC) Form 10-Q. They do not include all of the information and footnotes required by generally accepted accounting principles for complete consolidated financial statements. Therefore, these consolidated financial statements should be read in conjunction with the Companys audited financial statements and notes thereto for the year ended December 31, 2007, included in the Companys Annual Report on Form 10-KSB filed on May 2, 2008 with the SEC.   8   Endeavor Uranium, Inc. (An Exploration Stage Company) Notes to the Financial Statements (expressed in U.S. dollars) (unaudited)    2. Summary of Significant Accounting Policies (continued)  The consolidated financial statements included herein are unaudited; however, they contain all normal recurring accruals and adjustments that, in the opinion of management, are necessary to present fairly the Companys financial position at September 30, 2008, and the results of its operations and cash flows for the nine month period ended September 30, 2008 and 2007. The results of operations for the period ended September 30, 2008 are not necessarily indicative of the results to be expected for future quarters or the full year.  c) Use of Estimates  The preparation of financial statements in conformity with generally accepted accounting principles in the United States and requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The Company regularly evaluates estimates and assumptions related to the valuation of its mineral properties, and deferred income tax asset valuation allowances. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Companys estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected.  d) Basic and Diluted Net Income (Loss) Per Share  The Company computes net income (loss) per share in accordance with SFAS No. 128, "Earnings per Share". SFAS No. 128 requires presentation of both basic and diluted earnings per share (EPS) on the face of the income statement. Basic EPS is computed by dividing net income (loss) available to common shareholders (numerator) by the weighted average number of shares outstanding (denominator) during the period. Diluted EPS gives effect to all dilutive potential common shares outstanding during the period using the treasury stock method and convertible preferred stock using the if-converted method. In computing Diluted EPS, the average stock price for the period is used in determining the number of shares assumed to be purchased from the exercise of stock options or warrants. Diluted EPS excludes all dilutive potential shares if their effect is anti dilutive.  e) Comprehensive Loss  SFAS No. 130, Reporting Comprehensive Income, establishes standards for the reporting and display of comprehensive loss and its components in the financial statements. As at September 30, 2008 and December 31, 2007, the Company has no items that represent comprehensive loss and, therefore, has not included a schedule of comprehensive loss in the financial statements.  f) Financial Instruments  The fair value of financial instruments which include: cash, accounts payable, accrued liabilities, and amounts due to related parties were estimated to approximate their carrying value due to the immediate or relatively short maturity of these instruments.  9   Endeavor Uranium, Inc. (An Exploration Stage Company) Notes to the Financial Statements (expressed in U.S. dollars) (unaudited)    2. Summary of Significant Accounting Policies (continued)  g) Foreign Currency Translation  The Companys functional and reporting currency is the United States dollar. Monetary assets and liabilities denominated in foreign currencies are translated in accordance with SFAS No. 52 Foreign Currency Translation using the exchange rate prevailing at the balance sheet date. Gains and losses arising on translation or settlement of foreign currency denominated transactions or balances are included in the determination of income. Foreign currency transactions are primarily undertaken in Canadian dollars. The Company has not, to the date of these financials statements, entered into derivative instruments to offset the impact of foreign currency fluctuations.  h) Cash and Cash Equivalents  The Company considers all highly liquid instruments with maturity of three months or less at the time of issuance to be cash equivalents. As at September 30, 2008, the Company had no cash equivalents.  i) Mineral Properties  The Company has been in the exploration stage since its formation on June 6, 2005 and has not yet realized any revenues from its planned operations. Mineral property acquisition and exploration costs are expensed as incurred. When it has been determined that a mineral property can be economically developed as a result of establishing proven and probable reserves, the costs incurred to develop such property are capitalized. Such costs will be amortized using the units-of-production method over the estimated life of the probable reserve. If mineral properties are subsequently abandoned or impaired, any capitalized costs will be charged to operations.  As at September 30, 2008, all acquisition and exploration costs have been charged to operations.  j) Income Taxes  Potential benefits of income tax losses are not recognized in the accounts until realization is more likely than not. The Company has adopted SFAS No. 109 Accounting for Income Taxes as of its inception. Pursuant to SFAS No. 109 the Company is required to compute tax asset benefits for net operating losses carried forward. The potential benefits of net operating losses have not been recognized in these financial statements because the Company cannot be assured it is more likely than not it will utilize the net operating losses carried forward in future years.  k) Revenue Recognition  The Company will recognize revenue from referral fees in accordance with Securities and Exchange Commission Staff Bulletin No. 104 (SAB 104), Revenue Recognition in Financial Statements. Revenue will be recognized only when the price is fixed or determinable, persuasive evidence of an arrangement exists, the service is provided, and collectibility is assured. For the nine months ended September 30, 2008, the Company did not record any revenues.  10   Endeavor Uranium, Inc. (An Exploration Stage Company) Notes to the Financial Statements (expressed in U.S. dollars) (unaudited)    2. Summary of Significant Accounting Policies (continued)  l) Recent Accounting Pronouncements  In May 2008, the Financial Accounting Standards Board (FASB) issued SFAS No. 163, Accounting for Financial Guarantee Insurance Contracts  An interpretation of FASB Statement No. 60.  SFAS 163 requires that an insurance enterprise recognize a claim liability prior to an event of default when there is evidence that credit deterioration has occurred in an insured financial obligation. It also clarifies how Statement 60 applies to financial guarantee insurance contracts, including the recognition and measurement to be used to account for premium revenue and claim liabilities, and requires expanded disclosures about financial guarantee insurance contracts. It is effective for financial statements issued for fiscal years beginning after December 15, 2008, except for some disclosures about the insurance enterprises risk-management activities. SFAS 163 requires that disclosures about the risk-management activities of the insurance enterprise be effective for the first period beginning after issuance. Except for those disclosures, earlier application is not permitted.  The adoption of this statement is not expected to have a material effect on the Companys consolidated financial statements.  In May 2008, the FASB issued SFAS No. 162, The Hierarchy of Generally Accepted Accounting Principles. SFAS 162 identifies the sources of accounting principles and the framework for selecting the principles to be used in the preparation of financial statements of nongovernmental entities that are presented in conformity with generally accepted accounting principles in the United States.  It is effective 60 days following the SECs approval of the Public Company Accounting Oversight Board amendments to AU Section 411, The Meaning of Present Fairly in Conformity With Generally Accepted Accounting Principles. The adoption of this statement is not expected to have a material effect on the Companys consolidated financial statements.  In March 2008, the Financial Accounting Standards Board (FASB) issued SFAS No. 161, Disclosures about Derivative Instruments and Hedging Activities  an amendment to FASB Statement No. 133. SFAS No. 161 is intended to improve financial standards for derivative instruments and hedging activities by requiring enhanced disclosures to enable investors to better understand their effects on an entity's financial position, financial performance, and cash flows. Entities are required to provide enhanced disclosures about: (a) how and why an entity uses derivative instruments; (b) how derivative instruments and related hedged items are accounted for under Statement 133 and its related interpretations; and (c) how derivative instruments and related hedged items affect an entitys financial position, financial performance, and cash flows. It is effective for financial statements issued for fiscal years beginning after November 15, 2008, with early adoption encouraged. The Company is currently evaluating the impact of SFAS No. 161 on its financial statements.  In December 2007, the FASB issued SFAS No. 160 Non-controlling Interests in Consolidated Financial Statements-an amendment of ARB No.51SFAS No. 160 requires consolidated net income to be reported at amounts that include the amounts attributable to both the parent and the non-controlling interest. It also requires disclosure, on the face of the consolidated statement of income, of the amounts of consolidated net income attributable to the parent and to the non controlling interest. SFAS No. 160 also requires that a parent recognize a gain or loss in net income when a subsidiary is deconsolidated. SAFAS No. 160 also requires expanded disclosures in the consolidated financial statements that clearly identify and distinguish between the interests of the parents owners and the interests of the non-controlling owners of a subsidiary. SFAS No. 160 is effective for financial statements issued for fiscal years beginning after December 15, 2008. The Company is currently evaluating the impact of SFAS No. 160 on its financial statements, and the adoption of this statement is not expected to have a material effect on the Companys financial statements.  11   Endeavor Uranium, Inc. (An Exploration Stage Company) Notes to the Financial Statements (expressed in U.S. dollars) (unaudited)    2. Summary of Significant Accounting Policies (continued)  m) Recently Adopted Accounting Pronouncements  In February 2007, the FASB issued SFAS No. 159, The Fair Value Option for Financial Assets and Financial LiabilitiesIncluding an Amendment of FASB Statement No. 115.  This pronouncement permits entities to use the fair value method to measure certain financial assets and liabilities by electing an irrevocable option to use the fair value method at specified election dates. After election of the option, subsequent changes in fair value would result in the recognition of unrealized gains or losses as period costs during the period the change occurred. SFAS No. 159 becomes effective as of the beginning of the first fiscal year that begins after November 15, 2007, with early adoption permitted. However, entities may not retroactively apply the provisions of SFAS No. 159 to fiscal years preceding the date of adoption.  The adoption of this statement did not have a material effect on the Company's future reported financial position or results of operations.  In September 2006, the FASB issued SFAS No. 157, Fair Value Measurements. The objective of SFAS No. 157 is to increase consistency and comparability in fair value measurements and to expand disclosures about fair value measurements. SFAS No. 157 defines fair value, establishes a framework for measuring fair value in generally accepted accounting principles, and expands disclosures about fair value measurements. SFAS No. 157 applies under other accounting pronouncements that require or permit fair value measurements and does not require any new fair value measurements. The provisions of SFAS No. 157 are effective for fair value measurements made in fiscal years beginning after November 15, 2007.  The adoption of this statement did not have a material effect on the Company's future reported financial position or results of operations.  3. Mineral Properties  On July 31, 2008, the Company ceased further exploration on its mineral properties and have impaired the full value of its acquisition costs of $5,600,000 to operations.  4. Loans Payable  a) As at September 30, 2008, the Company received demand loans of $124,568 (2007 - $ nil) from a third party.  The loans are unsecured, non-interest bearing, and are due on demand.  b) As at September 30, 2008, Mayan Minerals Ltd., a company controlled by the former President of the Company, forgave outstanding loans of $41,159 owing from the Company for the payment of operating expenditures.  5. Related Party Transactions  a) As at September 30, 2008, the Company owes $9,588 (2007 - $9,588) to a director of the Company for financing of day-to-day activities.  The amounts owing are unsecured, non-interest bearing, and due on demand.  b) On November 26, 2007, the Company issued 4,275,000 common shares to Mayan Minerals Ltd., a company controlled by the President of the Company, as part of the Companys acquisition of the Ten Groups mineral claims.  Refer to Note 3(a).  c) Refer to Note 4.  d) Refer to Note 6.  12      ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS AND PLAN OF OPERATION  This discussion and analysis should be read in conjunction with the accompanying Financial Statements and related notes. Our discussion and analysis of our financial condition and results of operations are based upon our financial statements, which have been prepared in accordance with accounting principles generally accepted in the United States. The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of any contingent liabilities at the financial statement date and reported amounts of revenue and expenses during the reporting period. On an on-going basis we review our estimates and assumptions. Our estimates are based on our historical experience and other assumptions that we believe to be reasonable under the circumstances. Actual results are likely to differ from those estimates under different assumptions or conditions, but we do not believe such differences will materially affect our financial position or results of operations. Our critical accounting policies, the policies we believe are most important to the presentation of our financial statements and require the most difficult, subjective and complex judgments, are outlined below in Critical Accounting Policies, and have not changed significantly.  In addition, certain statements made in this report may constitute forward-looking statements. These forward-looking statements involve known or unknown risks, uncertainties and other factors that may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Specifically, 1) our ability to obtain necessary regulatory approvals for our products; and 2) our ability to increase revenues and operating income, is dependent upon our ability to develop and sell our products, general economic conditions, and other factors. You can identify forward-looking statements by terminology such as may, will, should, expects, intends, plans, anticipates, believes, estimates, predicts, potential, continues or the negative of these terms or other comparable terminology. Although we believe that the expectations reflected-in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements.  Introduction  We were incorporated as a Nevada company on July 6, 2005 under the name VB Biotech Laboratories, Inc.  On June 20, 2006, we changed our name to VB Trade, Inc. On September 21, 2007, we changed our name to Endeavor Uranium, Inc. We have not generated any revenue to date and are a development stage company.  Our registration statement on Form SB-2 became effective as of March 14, 2007. Our common stock became eligible for trading on the OTC Bulletin Board on May 3, 2007 under the ticker symbol VBTR.OB.  On October 5, 2007, as a result of our name change, our symbol changed to EDVU.OB.  Background  As VB Trade, Inc., we were engaged in the development of a website that would allow freelance web designers to sell their website designs on our website.  Our goal was to generate revenues by charging a commission of 30% on all products sold through our website.  We intended on becoming a one-stop shopping venue through which customers and freelance web designers can meet in a mutually beneficial fashion.  On September 21, 2007, Endeavor Uranium, Inc. (the Subsidiary), a wholly-owned subsidiary of the Registrant, merged with and into the Registrant pursuant to the terms of an Agreement and Plan of Merger dated September 20, 2007 by and between the Registrant and Subsidiary (the Merger). As of September 21, 2007, the effective date of the merger, (i) the Registrant was the surviving corporation and the separate existence of Endeavor ceased in accordance with the provisions of the Nevada Revised Statutes; (ii) the Articles of Incorporation of the Registrant continued to be those of the surviving corporation; and (iii) the Registrant changed its name to Endeavor Uranium, Inc.  13      Following the Merger, on November 26, 2007, the Company acquired the leasehold interests to 12 unpatented mining claims located in Montrose County, Colorado, which consist of 240 acres about 10 miles from Naturita, Colorado and is known as the Baboon Basin property. It is yet to be determined whether this property contains reserves that are economically recoverable. The recoverability of property expenditures will be dependent upon the discovery of economically recoverable reserves, confirmation of the Companys interest in the underlying property, the ability of the Company to obtain necessary financing to satisfy the expenditure requirements under the property agreement and upon future profitable production or proceeds for the sale thereof.  On September 5, 2008, the Board of Directors of Endeavor Uranium, Inc. (the Company) determined that due to our inability to procure viable mining properties in our target areas and our further inability to raise the capital required to continue pursuing leased claims, and based on the financial condition of the Company, the Company shall cease all active exploration in the Baboon Basin and, presently, has no right, title or interest to any mining claims whatsoever.  At this time we plan to undertake further discussions with the owners of potential mining properties in North America. However, we anticipate that we will require additional financing in order to pursue any potential claims and there is no assurance that we will be able to obtain the necessary financing. Further, there is no assurance that further exploration will result in a final evaluation that a commercially viable mineral deposit exists.  Accordingly, the Board will consider and pursue any and all viable acquisition candidates in the mining industry as well as any other potential acquisition candidates from other, non-mining related industries.  Intellectual Property  We have not filed for any protection of our trademark for Endeavor Uranium, Inc.  Research and Development Expenditures  We have not spent any significant amounts on research and development activities since our inception.  Employees  As of the date of this Report we have no part time or full time employees. We have one (1) Director which serves as our sole executive officers and she works part time as an independent contractor and works in the areas of business development and management. She currently contributes approximately 20 hours a week to Endeavor Uranium.  Subsidiaries  As of the date of this Report we have no subsidiaries.     Properties Our executive office is located at 10161 Park Run Drive, Suite 150, Las Vegas, Nevada 89145. We believe that this existing space is adequate for our current needs. Should we require additional space, we believe that such space can be secured on commercially reasonable terms.              Available Information  We file electronically with the Securities and Exchange Commission our annual reports on Form 10-K, quarterly reports on Form 10-Q, and current reports on Form 8-K, pursuant to Section 13(a) or 15(d) of the Securities Exchange Act of 1934.  You may obtain a free copy of our reports and amendments to those reports on the day of filing with the SEC by going to http://www.sec.gov.  14     Cash Requirements  Our cash on hand as of September 30, 2008 is $347. We do not have sufficient cash on hand to pay the costs of any of our operations or to fund our operations. As such, we will require additional financing over the next twelve (12) months. We presently do not have any arrangements for additional financing, and no potential lines of credit or sources of financing are currently available for the purpose of proceeding with any of our goals projected over the next twelve (12) months and beyond.  Any additional growth of the Company may require additional cash infusions. We may face expenses or other circumstances such that we will have additional financing requirements. In such event, the amount of additional capital we may need to raise will depend on a number of factors. These factors primarily include the extent to which we can achieve revenue growth, the profitability of such revenues, operating expenses, research and development expenses, and capital expenditures. Given the number of programs that we have ongoing and not complete, it is not possible to predict the extent or cost of these additional financing requirements.  The Company does not anticipate any contingency upon which it would voluntarily cease filing reports with the SEC, even though it may cease to be required to do so. It is in the compelling interest of this Registrant to report its affairs quarterly, annually and currently, as the case may be, generally to provide accessible public information to interested parties, and also specifically to maintain its eligibility for the OTCBB. The failure to secure any necessary outside funding would have an adverse affect on our development and results there from and a corresponding negative impact on shareholder liquidity.  Future Financings  Our plan of operation calls for significant expenses in connection with the implementation of our business plan over the course of the next 24 months. For the next twelve months, management anticipates that the minimum cash requirements to fund our proposed goals and our continued operations will be at least $500,000. As such, we do not have sufficient funds on hand to meet our planned expenditures over the next 24 months. Therefore, we will require and will need to seek additional financing to meet our planned expenditures.  Obtaining additional financing would be subject to a number of factors, including development of our business plan and interest in our company. These factors may make the timing, amount, terms or conditions of additional financing unavailable to us.  Off-Balance Sheet Arrangements  We do not have any off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that are material to our investors.   15     RESULTS OF OPERATIONS  RESULTS OF OPERATIONS FOR THE PERIOD ENDED SEPTEMBER 30, 2008 COMPARED TO THE PERIOD ENDED SEPTEMBER 30, 2007.  Operating Revenues  We have not generated any revenues since inception.  Operating Expenses  Operating expenses for the three months ended September 30, 2008 were $5,623,497 compared with $1,214 for the three months ended September 30, 2007.  The increase of $5,622,283 was attributed to the impairment of mineral properties totaling $5,600,000, increase in professional fees of $17,750 attributed to increased legal and accounting fees relating to the Companys required filings and for agreements with respect to the settlement of the Companys outstanding liabilities, and increase in general and administrative expenses of $4,533.  Operating expenses for the nine months ended September 30, 2008 were $6,047,252 compared with $68,082 for the nine months ended September 30, 2007.  The increase of $5,979,170 was attributed to the impairment of mineral properties totaling $5,600,000, mineral property exploration expenses of $377,377, increase in professional fees of $18,392 for increases in legal and accounting fees associated with the Companys required SEC filings, and were offset by a decrease in general and administrative expense of $17,523 due in large part to the fact that the Company had limited cash flows.  Net Loss  Net loss for the three months ended September 30, 2008 was $5,582,338 compared with $1,195 for the three months ended September 30, 2008.  The increase in net loss of $5,581,143 is attributed to the impairment of the mineral properties totaling $5,600,000, increase in professional fees of $17,750 attributed to increased legal and accounting fees relating to the Companys required filings and for agreements with respect to the settlement of the Companys outstanding liabilities, and an increase of $4,533 for general and administrative expense.  The net loss was offset by a gain on settlement of debt of $41,159.  Net loss for the nine months ended September 30, 2008 was $6,006,093 compared with $68,082 for the nine months ended September 30, 2007.  The increase of $5,938,011 is attributed to the impairment of mineral properties totaling $5,600,000, mineral property exploration expenses of $377,377, an increase in professional fees of $18,392 for increases in legal and accounting fees associated with the Companys required SEC filings, offset by gain on settlement of debt of $41,159 in September 2008.   Liquidity and Capital Resources  As at September 30, 2008, the Companys cash balance was $347 compared to $84 as at December 31, 2007.  As at September 30, 2008, the Company had a working capital deficit of $160,647 compared with a working capital deficit of $19,504 as at September 30, 2007.  The increase in the working capital deficit was attributed to increases in demand loans of $124,568 that was used to finance the Companys exploration costs of its mineral properties and for legal and accounting expenses incurred during the nine month period ended September 30, 2008.   16     Cashflow from Operating Activities  During the nine months ended September 30, 2008, the Company used $430,414 of cash for operating activities compared to the use of $66,258 of cash for operating activities during the nine months ended September 30, 2007.   The increase in cashflows used for operating activities is attributed to mineral property exploration costs incurred of $377,377.  Financing Activities  During the nine months ended September 30, 2008, the Company received $430,677 of cash from financing activities compared to $nil for the nine months ended September 30, 2007.  The increase in cashflows provided from financing activities included $264,950 from shareholders and $165,727 from demand loans, of which $41,159 was forgiven as at September 30, 2008.  Off-Balance Sheet Arrangements  The Company has no material transactions, arrangements, obligations (including contingent obligations), or other relationships with unconsolidated entities or other persons that have or are reasonably likely to have a material current or future impact on its financial condition, changes in financial condition, results of operations, liquidity, capital expenditures, capital resources, or significant components of revenues or expenses.  Critical Accounting Policies  We have identified the following critical accounting policies which were used in the preparation of our financial statements.  Exploration and Development Costs: Costs of acquiring mining properties and any exploration and development costs are expensed as incurred unless proven and probable reserves exist and the property is a commercially minable property. When it has been determined that a mineral property can be economically developed as a result of established proven and probable reserves, the costs to develop such property will be capitalized. Costs of abandoned projects will be charged to operations upon abandonment.  Long-lived Assets: The Company periodically evaluates the carrying value of property, plant and equipment costs, to determine if these costs are in excess of their net realizable value and if a permanent impairment needs to be recorded. The periodic evaluation of carrying value of capitalized costs and any related property, plant and equipment costs are based upon expected future cash flows and/or estimated salvage value in accordance with Statement of Financial Accounting Standards (SFAS) No. 144, Accounting for Impairment or Disposal of Long-Lived Assets.  Property Retirement Obligation: SFAS 143, Accounting for Asset Retirement Obligations, requires the fair value of a liability for an asset retirement obligation to be recognized in the period that it is incurred if a reasonable estimate of fair value can be made. The associated asset retirement costs are capitalized as part of the carrying amount of the long-lived asset. Accretion expense is recorded in each subsequent period to recognize the changes in the liability resulting from the passage of time. Changes resulting from revisions to the original fair value of the liability are recognized as an increase or decrease in the carrying amount of the liability and the related asset retirement costs capitalized as part of the carrying amount of the related long-lived asset.  Stock- Based Compensation: SFAS 123(R), Share-Based Payment, requires the recognition of the cost of employee services received in exchange for an award of equity instruments in the financial statements and is measured based on the grant date fair value of the award. SFAS 123(R) also requires the stock option compensation expense to be recognized over the period during which an employee is required to provide service in exchange for the award (the vesting period). We utilize the Black-Scholes option-pricing model to determine fair value.   17     Recent Pronouncements  In May 2008, the Financial Accounting Standards Board (FASB) issued SFAS No. 163, Accounting for Financial Guarantee Insurance Contracts  An interpretation of FASB Statement No. 60.  SFAS 163 requires that an insurance enterprise recognize a claim liability prior to an event of default when there is evidence that credit deterioration has occurred in an insured financial obligation. It also clarifies how Statement 60 applies to financial guarantee insurance contracts, including the recognition and measurement to be used to account for premium revenue and claim liabilities, and requires expanded disclosures about financial guarantee insurance contracts. It is effective for financial statements issued for fiscal years beginning after December 15, 2008, except for some disclosures about the insurance enterprises risk-management activities. SFAS 163 requires that disclosures about the risk-management activities of the insurance enterprise be effective for the first period beginning after issuance. Except for those disclosures, earlier application is not permitted.  The adoption of this statement is not expected to have a material effect on the Companys consolidated financial statements.  In May 2008, the FASB issued SFAS No. 162, The Hierarchy of Generally Accepted Accounting Principles. SFAS 162 identifies the sources of accounting principles and the framework for selecting the principles to be used in the preparation of financial statements of nongovernmental entities that are presented in conformity with generally accepted accounting principles in the United States.  It is effective 60 days following the SECs approval of the Public Company Accounting Oversight Board amendments to AU Section 411, The Meaning of Present Fairly in Conformity With Generally Accepted Accounting Principles. The adoption of this statement is not expected to have a material effect on the Companys consolidated financial statements.  In March 2008, the Financial Accounting Standards Board (FASB) issued SFAS No. 161, Disclosures about Derivative Instruments and Hedging Activities  an amendment to FASB Statement No. 133. SFAS No. 161 is intended to improve financial standards for derivative instruments and hedging activities by requiring enhanced disclosures to enable investors to better understand their effects on an entity's financial position, financial performance, and cash flows. Entities are required to provide enhanced disclosures about: (a) how and why an entity uses derivative instruments; (b) how derivative instruments and related hedged items are accounted for under Statement 133 and its related interpretations; and (c) how derivative instruments and related hedged items affect an entitys financial position, financial performance, and cash flows. It is effective for financial statements issued for fiscal years beginning after November 15, 2008, with early adoption encouraged. The Company is currently evaluating the impact of SFAS No. 161 on its financial statements.  In December 2007, the FASB issued SFAS No. 160 Non-controlling Interests in Consolidated Financial Statements-an amendment of ARB No.51SFAS No. 160 requires consolidated net income to be reported at amounts that include the amounts attributable to both the parent and the non-controlling interest. It also requires disclosure, on the face of the consolidated statement of income, of the amounts of consolidated net income attributable to the parent and to the non controlling interest. SFAS No. 160 also requires that a parent recognize a gain or loss in net income when a subsidiary is deconsolidated. SAFAS No. 160 also requires expanded disclosures in the consolidated financial statements that clearly identify and distinguish between the interests of the parents owners and the interests of the non-controlling owners of a subsidiary. SFAS No. 160 is effective for financial statements issued for fiscal years beginning after December 15, 2008. The Company is currently evaluating the impact of SFAS No. 160 on its financial statements, and the adoption of this statement is not expected to have a material effect on the Companys financial statements.   18     ITEM 4(T). CONTROLS AND PROCEDURES  (a)           Evaluation of Disclosure Controls and Procedures:  Our President and Chief Financial Officer, after evaluating the effectiveness of our disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)), have concluded that, as of September 30, 2008 due to the material weaknesses in our internal control over financial reporting identified in our 2007 Form 10-KSB, our disclosure controls and procedures were not effective in providing reasonable assurance that information we are required to disclose in reports we file is recorded, processed, summarized and reported within the periods specified.  (b)           Managements Annual Report on Internal Control Over Financial Reporting:  While we have continued our efforts to address each of the material weaknesses identified in our 2007 Form 10-KSB, there were no material changes in our internal control over financial reporting during the most recently completed quarter.  We have not identified any additional material weaknesses during this quarter.  We are not planning to report on whether there has been full remediation of the identified material weaknesses until our 2008 report on internal control over financial reporting is complete.  (c)           Changes in Internal Control Over Financial Reporting:  During 2008, the company will be directing concerted focus to full compliance with Sarbanes-Oxley requirements, as revised in Audit Standard No. 5 for small businesses, in implementing Section 404(a) of the Act.   19     PART II.  ITEM 1.  LEGAL PROCEEDINGS None.  ITEM 1(A). RISK FACTORS  Not required.  ITEM 2.  UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS.  None.  ITEM 3.  DEFAULTS UPON SENIOR SECURITIES  None.  ITEM 4.  SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS  On November 13, 2008, the Company filed with the Securities and Exchange Commission its Definitive Proxy Statement on Schedule 14A, the same is incorporated herein by this reference.  ITEM 5.  OTHER INFORMATION  On September 5, 2008, Terrance Heard resigned from all positions with the Registrant, including Chief Executive Officer, Chief Financial Officer and Director. Additionally, Carl Jonsson resigned as Secretary. Additionally, at that same meeting, the outgoing Board appointed Ms. Bertha Cruz, a resident of Mexico, as the new interim President, Chief Executive Officer, Chief Financial Officer, President, Treasurer, Secretary and Director of the Registrant.  Since 2001, Ms. Cruz is a private investor involved in real estate development and management projects based primarily in Mexico. Ms. Cruzs track record has made her well versed in all areas of the real estate business and project management. Prior to her involvement in the real estate industry, Ms. Cruz was involved with various private corporations serving the needs of physicians, including providing solutions to multi-physician care centers for the integration and management of complex infrastructure requirements and cross discipline reference systems.  On October 2, 2008, Ms. Bertha Cruz resigned from all positions with the Registrant, including interim Chief Executive Officer, Chief Financial Officer and Director, and, as her final act the sole member of the Companys Board of Directors, Ms. Cruz appointed Jennifer Karlovsky as the new interim President, Chief Executive Officer, Chief Financial Officer, President, Treasurer, Secretary and Director of the Registrant. Ms. Karlovsky accepted such appointment.  Since obtaining her liberal arts degree from Northern Illinois University in 2000, and until 2005, Ms Karlovsky served as an outside consultant to various privately held corporations where her responsibilities primarily included assisting companies with complex financial analysis and accounting matters. During such time, Ms. Karlovsky also participated in the review and analysis of all facets of contracting procedures, financial planning and seamless integration, of both eternal and external corporate operations. From 2006 to 2007, Ms. Karlovsky served as the vice president of operations for a privately held tax company.  Since 2007, Ms. Karlovsky has been engaged as a Financial Administrator overseeing the project accounting, contracting and revenue assurance for a privately held company in the health care services industry, where she has also had significant direct engagement with service providers on multi-million dollar projects.     20     ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K  (a) Exhibits.  EXHIBIT NUMBERDESCRIPTIONLOCATION3.1 - 3.2Articles of Incorporation and BylawsPreviously Filed.31.1Rule 13a-14(a)/15d-14(a) Certification (CEO)Filed herewith31.2Rule 13a-14(a)/15d-14(a) Certification (CFO)Filed herewith32.1Section 1350 Certification (CEO & CFO)Filed herewith  (b) Reports on Form 8-K.  During the period ended September 30, 2008, we filed reports on Form 8-K on the following dates:  d) September 5, 2008  Subsequent to the period ended September 30, 2008, we filed reports on Form 8-K on the following dates:  · October 2, 2008   21     SIGNATURES  Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.   DATE: November 14,  2008Endeavor Uranium, Inc.
(Registrant)



By:/s/ Jennifer KarlovskyJennifer Karlovsky
Director, CEO and President      22