|  Nevada                  |    87-40479286                |
|----------------------------------------------|----------------------------------------------|
| (State or other      jurisdiction       | (I.R.S. Employer      Identification Number) |
| of incorporation or      organization)  |                                         |

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| Large      Accelerated Filer  |   | Accelerated      Filer  |   | Non-Accelerated      Filer (Do      not check if a smallerreporting      company) |   | Smaller      Reporting Company x |
|---------------------------------------|--------|---------------------------------|--------|-------------------------------------------------------------------------------------------|--------|----------------------------------|

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|                                                       |                                                                                                                                                                                                                           |   | Page(s)                   |
|------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------------|
|  PART      I – FINANCIAL INFORMATION: |                                                                                                                                                                                                                           |   |
|                                                       |                                                                                                                                                                                                                           |   |                      |
| Item      1.                                               | Condensed      Financial Statements (unaudited):                                                                                                                                                                               |   |                      |
|                                                       |                                                                                                                                                                                                                           |   |                      |
|                                                       | Condensed      Balance Sheets as of December 31, 2009 and September 30,    2008                                                                                                                                                |   | F-1                       |
|                                                       |                                                                                                                                                                                                                           |   |                      |
|                                                       | Unaudited      Condensed Statements of Operations for the Three Months Ended December 31,      2009 and 2008, and for the Period from May 27, 2004 (Date of Inception of      the Development Stage) through December 31, 2009 |   | F-2                       |
|                                                       |                                                                                                                                                                                                                           |   |                      |
|                                                       | Unaudited      Condensed Statements of Cash Flows for the Three Months Ended December 31,      2009 and 2008 and for the Period from May 27, 2004 (Date of Inception of      the Development Stage) through December 31, 2009  |   | F-3                       |
|                                                       |                                                                                                                                                                                                                           |   |                      |
|                                                       | Notes      to Condensed Financial Statements                                                                                                                                                                                   |   | F-4 – F-5 |
|                                                       |                                                                                                                                                                                                                           |   |                      |
| Item 2.                                               | Management's      Discussion and Analysis of Financial Condition and Results of      Operations                                                                                                                                |   | 1                         |
|                                                       |                                                                                                                                                                                                                           |   |                      |
| Item      3.                                               | Quantitative      and Qualitative Disclosures About Market Risk                                                                                                                                                                |   | 3                         |
|                                                       |                                                                                                                                                                                                                           |   |                      |
| Item 4A(T).                                           | Controls      and Procedures                                                                                                                                                                                                   |   | 3                         |
|                                                       |                                                                                                                                                                                                                           |   |                      |
|  PART      II – OTHER INFORMATION:    |                                                                                                                                                                                                                           |   |
|                                                       |                                                                                                                                                                                                                           |   |                      |
| Item      1.                                               | Legal      Proceedings                                                                                                                                                                                                         |   | 4                         |
|                                                       |                                                                                                                                                                                                                           |   |                      |
| Item      2.                                               | Unregistered      Sales of Equity Securities and Use of Proceeds                                                                                                                                                               |   | 4                         |
|                                                       |                                                                                                                                                                                                                           |   |                      |
| Item      3.                                               | Defaults      Upon Senior Securities                                                                                                                                                                                           |   | 4                         |
|                                                       |                                                                                                                                                                                                                           |   |                      |
| Item      4.                                               | Submission      of Matters to a Vote of Security Holders                                                                                                                                                                       |   | 4                         |
|                                                       |                                                                                                                                                                                                                           |   |                      |
| Item      5.                                               | Other      Information                                                                                                                                                                                                         |   | 4                         |
|                                                       |                                                                                                                                                                                                                           |   |                      |
| Item 6.                                               | Exhibits                                                                                                                                                                                                                       |   | 4                         |
|                                                       |                                                                                                                                                                                                                           |   |                      |
|  Signatures                                           |                                                                                                                                                                                                                           | 5      |

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|                                                                                                                                                                                                                                  |  Page           |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------------------|
|                                                                                                                                                                                                                                  |                      |
| Unaudited Condensed      Balance Sheets, December 31, 2009 and September 30, 2009                                                                                                                                                     |  F-1                 |
|                                                                                                                                                                                                                                  |                      |
| Unaudited      Condensed Statements of Operations for the Three Months Ended December 31,      2009and      2008 and for the Period from May 27, 2004 (Date of Inception of the      DevelopmentStage)      through December 31, 2009 |   F-2           |
|                                                                                                                                                                                                                                  |                      |
| Unaudited      Condensed Statements of Cash Flows for the Three Months Ended December 31,      2009and      2008 and for the Period from May 27, 2004 (Date of Inception of the      DevelopmentStage)      through December 31, 2009 |   F-3           |
|                                                                                                                                                                                                                                  |                      |
| Notes      to Unaudited Condensed Financial Statements                                                                                                                                                                                | F-4 – F-5 |
|                                                                                                                                                                                                                                  |                      |

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| ACQUIRED      SALES CORP.                                                         |
|-----------------------------------------------------------------------------------|
| (a      development stage enterprise)                                             |
| Unaudited      Condensed Balance Sheets                                           |
|                                                                              |   |   |   |   |   |   |
|                                                                              |   | December      31, |   |   | September      30, |   |
|                                                                              |   | 2009 |   |   | 2009 |   |
| ASSETS                                                                            |   |   |   |   |   |   |
| Current      Assets:                                                              |   |   |   |   |   |   |
|         Cash                                                            |   | $ | 6,323 |   |   | $ | 12 |   |
|         Prepaid expense                                                 |   |   | 19 |   |   |   | 25 |   |
| TOTAL      ASSETS                                                                 |   | $ | 6,342 |   |   | $ | 37 |   |
|                                                                              |   |   |   |   |   |   |   |   |
| LIABILITIES      AND STOCKHOLDERS' DEFICIT                                        |   |   |   |   |   |   |   |   |
| Current      Liabilities:                                                         |   |   |   |   |   |   |   |   |
|         Accounts payable                                                |   | $ | 4,264 |   |   | $ | 2,371 |   |
|         Note payable - related party                                    |   |   | 20,000 |   |   |   | 10,000 |   |
|         Note interest payable - related party                           |   |   | - |   |   |   | 82 |   |
| Total      Current Liabilities                                                    |   |   | 24,264 |   |   |   | 12,453 |   |
|                                                                              |   |   |   |   |   |   |   |   |
| Stockholders'      Deficit:                                                       |   |   |   |   |   |   |   |   |
|         Preferred stock, $0.001 par value, 10,000,000 shares            |   |   |   |   |   |   |   |   |
|           authorized, no shares issued and outstanding        |   |   | - |   |   |   | - |   |
|         Common stock, $0.001 par value, 50,000,000 shares               |   |   |   |   |   |   |   |   |
|           authorized, 5,832,482 shares issued and outstanding |   |   | 5,833 |   |   |   | 5,833 |   |
|         Additional paid-in capital                                      |   |   | 145,967 |   |   |   | 145,967 |   |
|         Deficit accumulated prior to the development stage              |   |   | (69,151 | ) |   |   | (69,151 | ) |
|         Deficit accumulated during the development stage                |   |   | (100,571 | ) |   |   | (95,065 | ) |
| Total      Stockholders' Deficit                                                  |   |   | (17,922 | ) |   |   | (12,416 | ) |
| TOTAL      LIABILITIES AND STOCKHOLDERS' DEFICIT                                  |   | $ | 6,342 |   |   | $ | 37 |   |
|                                                                              |   |   |   |   |   |   |   |   |
| See      accompanying notes to the financialstatements.                           |

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| ACQUIRED      SALES CORP.                               |
|---------------------------------------------------------|
| (a      development stage enterprise)                   |
| Unaudited      Condensed Statements of Operations       |
|                                                    |   |   |   |   |   |   |   |   |   |
|                                                    |   |   |   |   |   |   |   | For      the period |   |
|                                                    |   |   |   |   |   |   |   | May      27, 2004 |   |
|                                                    |   |   |   |   |   |   |   | (Date      of Inception |   |
|                                                    |   | For      the Three Months Ended |   |   | of      the Development |   |
|                                                    |   | December      31, |   |   | Stage)      through |   |
|                                                    |   | 2009 |   |   | 2008 |   |   | December      31, 2009 |   |
|                                                    |   |   |   |   |   |   |   |   |   |
| Expenses:                                               |   |   |   |   |   |   |   |   |   |
|         General and administrative            |   | $ | (5,099 | ) |   | $ | (5,836 | ) |   | $ | (153,710 | ) |
|         Waiver of tax liability penalty       |   |   | - |   |   |   | - |   |   |   | 60,364 |   |
|         Interest                              |   |   | (407 | ) |   |   | - |   |   |   | (7,225 | ) |
| Net      Loss                                           |   | $ | (5,506 | ) |   | $ | (5,836 | ) |   | $ | (100,571 | ) |
|                                                    |   |   |   |   |   |   |   |   |   |   |   |   |
| Basic      and diluted loss per share                   |   | $ | (0.00 | ) |   | $ | (0.00 | ) |   |   |   |   |
|                                                    |   |   |   |   |   |   |   |   |   |   |   |   |
| Basic      and diluted weighted average                 |   |   |   |   |   |   |   |   |   |   |   |   |
|         common shares outstanding             |   |   | 5,832,482 |   |   |   | 5,832,482 |   |   |   |   |   |
|                                                    |   |   |   |   |   |   |   |   |   |   |   |   |
| See      accompanying notes to the financialstatements. |

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| ACQUIRED      SALES CORP.                                                                       |
|-------------------------------------------------------------------------------------------------|
| (a      development stage enterprise)                                                           |
| Unaudited      Condensed Statements of Cash Flows                                               |
|                                                                                            |   |   |   |   |   |   |   |   |   |
|                                                                                            |   |   |   |   |   |   |   | For      the period |   |
|                                                                                            |   |   |   |   |   |   |   | May      27, 2004 |   |
|                                                                                            |   |   |   |   |   |   |   | (Date      of Inception |   |
|                                                                                            |   | For      the Three Months Ended |   |   | of      the Development |   |
|                                                                                            |   | December      31, |   |   | Stage)      through |   |
|                                                                                            |   | 2009 |   |   | 2008 |   |   | December      31, 2009 |   |
|                                                                                            |   |   |   |   |   |   |   |   |   |
| Cash      Flows from Operating Activities:                                                      |   |   |   |   |   |   |   |   |   |
|         Net loss                                                                      |   | $ | (5,506 | ) |   | $ | (5,836 | ) |   | $ | (100,571 | ) |
|         Adjustments to reconcile net loss to net cash                                 |   |   |   |   |   |   |   |   |   |   |   |   |
|           used in operating activities:                                     |   |   |   |   |   |   |   |   |   |   |   |   |
|              Expenses paid by capital contributed by officer |   |   | - |   |   |   | - |   |   |   | 20 |   |
|              Waiver of tax liability penalty                 |   |   | - |   |   |   | - |   |   |   | (60,364 | ) |
|              Issuance of warrants for services               |   |   | - |   |   |   | - |   |   |   | 11,970 |   |
|         Changes in assets and liabilities:                                            |   |   |   |   |   |   |   |   |   |   |   |   |
|           Prepaid expense                                                   |   |   | 6 |   |   |   | - |   |   |   | (19 | ) |
|           Accounts payable                                                  |   |   | 1,893 |   |   |   | 5,275 |   |   |   | 4,264 |   |
|           Note interest payable - related party                             |   |   | (82 | ) |   |   | - |   |   |   | - |   |
|           Payroll tax penalties and accrued interest                        |   |   | - |   |   |   | - |   |   |   | (8,787 | ) |
| Net      Cash Used by Operating Activities                                                      |   |   | (3,689 | ) |   |   | (561 | ) |   |   | (153,487 | ) |
|                                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |
| Cash      Flows from Financing Activities:                                                      |   |   |   |   |   |   |   |   |   |   |   |   |
|         Proceeds from issuance of note payable to                                     |   |   |   |   |   |   |   |   |   |   |   |   |
|           related party                                                     |   |   | 10,000 |   |   |   | - |   |   |   | 215,000 |   |
|         Payment of principal on note payable to                                       |   |   |   |   |   |   |   |   |   |   |   |   |
|           related party                                                     |   |   | - |   |   |   | - |   |   |   | (95,000 | ) |
|    Proceeds      from issuance of common stock                                   |   |   | - |   |   |   | - |   |   |   | 40,000 |   |
|         Redemption of common stock                                                    |   |   | - |   |   |   | - |   |   |   | (190 | ) |
| Net      Cash Provided by Financing Activities:                                                 |   |   | 10,000 |   |   |   | - |   |   |   | 159,810 |   |
|                                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |
| Net      Increase (Decrease) in Cash                                                            |   |   | 6,311 |   |   |   | (561 | ) |   |   | 6,323 |   |
| Cash      at beginning of period                                                                |   |   | 12 |   |   |   | 670 |   |   |   | - |   |
|                                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |
| Cash      at End of Period                                                                      |   | $ | 6,323 |   |   | $ | 109 |   |   | $ | 6,323 |   |
|                                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |
| Supplemental      Cash Flow Information                                                         |   |   |   |   |   |   |   |   |   |   |   |   |
|         Cash paid for interest                                                        |   | $ | 478 |   |   | $ | - |   |   |   |   |   |
|                                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |
| See      accompanying notes to the financialstatements.                                         |

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|                                              |   |                   |   |   | For      the period          |   |
|--------------------------------------------------------|--------|------------------------|--------|--------|------------------------------|--------|
|                                                   |   |                   |   |   | May      27, 2004            |   |
|                                                   |   |                   |   |   | (Date      of Inception      |   |
|                                                   |   | Three      Months      |   |   | of      the Development      |   |
|                                                   |   | Ended                  |   |   | Stage)      through          |   |
|                                                   |   | December      31, 2009 |   |   | December 31,       2009 |   |
|                                                   |   |                   |   |   |                         |   |
| Net      Cash (Used) by Operating Activities           |   | $                      | (3,689 | )      |                         | $      | (153,487 | ) |
| Net      Cash (Used) by Investing Activities           |   | $                      | -      |   |                         | $      | - |   |
| Net      Cash (Used) Provided by Financing Activities: |   | $                      | 10,000 |   |                         | $      | 159,810 |   |
| Net      Increase (Decrease) in Cash                   |   | $                      | 6,311  |   |                         | $      | 6,323 |   |

|   | (i) | filing      of reports under the Securities Exchange Act of 1934, as amended (the      “Exchange Act”), and |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------|

|   | (ii) | consummating      an acquisition.  |
|--------|------|-----------------------------------------|

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|  | Exhibit      31.1 | Certification      of principal executive officer pursuant to Rule 13a-14(a) of the      Securities Exchange Act of 1934, as amended, as adopted pursuant to      Section 302 of the Sarbanes-Oxley Act of2002 |
|--|-------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Exhibit      31.2 | Certification      of principal financial officer pursuant to Rule 13a-14(a) of the      Securities Exchange Act of 1934, as amended, as adopted pursuant to      Section 302 of the Sarbanes-Oxley Act of2002 |
|--------|-------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Exhibit      32.1 | Certification      of principal executive officer pursuant to 18 U.S.C. Section 1350, as      adopted pursuant to Section 906 of the Sarbanes-Oxley Act of      2002 |
|--------|-------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Exhibit      32.2 | Certification      of principal financial officer pursuant to 18 U.S.C. Section 1350, as      adopted pursuant to Section 906 of the Sarbanes-Oxley Act of      2002 |
|--------|-------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| * | Filed      as an exhibit to the Company's Registration Statement on Form 10-SB, as      filed with the SEC on March 23, 2007, and incorporated herein by this      reference. |
|---|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Dated:      February 15, 2010 |                  |                      |                           |
|-------------------------------|-----------------------|---------------------------|--------------------------------|
|                          |                  | ACQUIRED      SALES CORP. |
|                          |                  |                      |                           |
|                          |                  | By:             | /s/ Gerard M.      Jacobs |
|                          | Gerard      M. Jacobs |
|                          | President             |

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