----

----

| Nevada                                                              | 88-0368849                             |
|---------------------------------------------------------------------|----------------------------------------|
| (State      or other Jurisdiction of Incorporation or Organization) | (IRS      Employer Identification No.) |
|                                                                |                                   |
| 2445      Fifth Avenue, Suite 440, San Diego, California            | 92101                                  |
| (Address      of principal executive offices)                       | (Zip      Code)                        |

|        Yes   x        No  o |
|---------------------------------------------------------------------------------------------------|

|  Large Accelerated      Filer   o |  Accelerated Filer        o    |
|-------------------------------------------------------|-----------------------------------------------|
|                                                  |                                          |
|  Non-Accelerated      Filer   o        |  Smaller Reporting Company        x |

|   | Yes  £          No  T |
|--------|--------------------------------------------------------------------------------------------------|

----

----

----

| PART I – FINANCIAL      INFORMATION     |                                                                                                                                                                                                       |
|----------------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| Item 1.                                            | Financial Statement      .......................................................................................................................................................................           |  3 |
| Item 2.                                            | Management's Discussion and Analysis of Financial      Condition and Results of Operations      ..........................................                                                                 | 11 |
| Item 3.                                            | Quantitative and Qualitative Disclosure About Market Risk      ................................................................................................                                            | 13 |
| Item 4.                                            | Controls and Procedures      .............................................................................................................................................................                 | 13 |
|  PART II – OTHER      INFORMATION  |                                                                                                                                                                                                       |
| Item 1.                                            | Legal Proceedings      .........................................................................................................................................................................           | 14 |
| Item 1A.                                           | Risk Factors      ...................................................................................................................................................................................      | 14 |
| Item 2.                                            | Unregistered Sales of Equity Securities and Use of      Proceeds      ...............................................................................................                                      | 14 |
| Item 3.                                            | Default Upon Senior Securities      ...................................................................................................................................................                    | 14 |
| Item 4.                                            | Submission of matters to a Vote of Security Holders      ..............................................................................................................                                    | 14 |
| Item 5.                                            | Other Information      ..........................................................................................................................................................................          | 14 |
| Item 6.                                            | Exhibits      ............................................................................................................................................................................................ | 14 |

----

PART I - FINANCIAL INFORMATION

ITEM 1.  FINANCIAL STATEMENTS.

| ANOTEROS,      INC.                                                                       |           |
|-------------------------------------------------------------------------------------------|----------------|
| (A      Development Stage Company)                                                        |           |
| Consolidated      Balance Sheets                                                          |           |
|                                                                                      |           |   |   |   |   |   |
|                                                                                      |           |   |   |   |   |   |
| ASSETS                                                                                    |           |
|                                                                                      | March      31, |   | December      31, |   |
|                                                                                      | 2008           |   | 2007 |   |
|                                                                                      | (Unaudited)    |   |   |   |
| CURRENT      ASSETS                                                                       |           |   |   |   |   |   |
|                                                                                      |           |   |   |   |   |   |
| Cash                                                                                      |           | $ | 1,578 |   |   | $ | 1,048 |   |
|                                                                                      |           |   |   |   |   |   |   |   |
|         Total      Current Assets                 |           |   | 1,578 |   |   |   | 1,048 |   |
|                                                                                      |           |   |   |   |   |   |   |   |
| OTHER      ASSETS                                                                         |           |   |   |   |   |   |   |   |
|                                                                                      |           |   |   |   |   |   |   |   |
|     Artwork                                                           |           |   | 31,415 |   |   |   | 31,415 |   |
|                                                                                      |           |   |   |   |   |   |   |   |
|         Total      Other Assets                   |           |   | 31,415 |   |   |   | 31,415 |   |
|                                                                                      |           |   |   |   |   |   |   |   |
|         TOTAL      ASSETS                         |           | $ | 32,993 |   |   | $ | 32,463 |   |
|                                                                                      |           |   |   |   |   |   |   |   |
|                                                                                      |           |   |   |   |   |   |   |   |
| LIABILITIES AND      STOCKHOLDERS' EQUITY (DEFICIT)                                       |           |
|                                                                                      |           |   |   |   |   |   |   |   |
| CURRENT      LIABILITIES                                                                  |           |   |   |   |   |   |   |   |
|                                                                                      |           |   |   |   |   |   |   |   |
|     Accounts      payable                                             |           | $ | 7,519 |   |   | $ | 641 |   |
|     Accounts      payable and accrued expenses - related party        |           |   | 39,476 |   |   |   | 31,241 |   |
|     Note      payable - related party                                 |           |   | 94,342 |   |   |   | 90,074 |   |
|     Accrued      interest payable - related party                     |           |   | 28,933 |   |   |   | 27,299 |   |
|                                                                                      |           |   |   |   |   |   |   |   |
|         Total      Current Liabilities            |           |   | 170,270 |   |   |   | 149,255 |   |
|                                                                                      |           |   |   |   |   |   |   |   |
|         TOTAL      LIABILITIES                    |           |   | 170,270 |   |   |   | 149,255 |   |
|                                                                                      |           |   |   |   |   |   |   |   |
| STOCKHOLDERS'      EQUITY (DEFICIT)                                                       |           |   |   |   |   |   |   |   |
|                                                                                      |           |   |   |   |   |   |   |   |
|     Preferred      stock: 25,000,000 shares authorized;               |           |   |   |   |   |   |   |   |
|      $0.001      par value; -0- shares issued and outstanding         |           |   | - |   |   |   | - |   |
|     Common      stock: 100,000,000 shares authorized;                 |           |   |   |   |   |   |   |   |
|      $0.001      par value; 6,978,769 shares issued                   |           |   |   |   |   |   |   |   |
|      and      outstanding                                             |           |   | 6,979 |   |   |   | 6,979 |   |
|     Additional      paid-in capital                                   |           |   | 260,206 |   |   |   | 260,206 |   |
|     Deficit      accumulated during the development stage             |           |   | (404,462 | ) |   |   | (383,977 | ) |
|                                                                                      |           |   |   |   |   |   |   |   |
|         Total      Stockholders' Equity (Deficit) |           |   | (137,277 | ) |   |   | (116,792 | ) |
|                                                                                      |           |   |   |   |   |   |   |   |
|         TOTAL      LIABILITIES AND STOCKHOLDERS'  |           |   |   |   |   |   |   |   |
|         EQUITY      (DEFICIT)                     |           | $ | 32,993 |   |   | $ | 32,463 |   |

----

| ANOTEROS,      INC.                        |   |
|--------------------------------------------|--------|
| (A      Development Stage Company)         |   |
| Consolidated      Statements of Operations |   |
| (Unaudited)                                |   |
|                                       |   |   |   |   |   |   |   |   |   |
|                                       |   |   |   |   |   |   |   |   |   |
|                                       |   |   |   |   |   |   |   | From      Inception of the |   |
|                                       |   |   |   |   |   |   |   | Development |   |
|                                       |   |   |   |   |   |   |   | Stage      on |   |
|                                       |   |   |   |   | September      25, |   |
|                                       |   | For      the Three Months Ended |   |   | 1996      through |   |
|                                       |   | March      31, |   |   | March      31, |   |
|                                       |   | 2008 |   |   | 2007 |   |   | 2008 |   |
|                                       |   |   |   |   |   |   |   |   |   |
| REVENUES                                   |   | $ | - |   |   | $ | - |   |   | $ | 867 |   |
|                                       |   |   |   |   |   |   |   |   |   |   |   |   |
| OPERATING      EXPENSES                    |   |   |   |   |   |   |   |   |   |   |   |   |
|                                       |   |   |   |   |   |   |   |   |   |   |   |   |
| Legal      and professional                |   |   | 11,851 |   |   |   | 11,513 |   |   |   | 216,073 |   |
| General      and administrative            |   |   | 6,790 |   |   |   | 5,891 |   |   |   | 179,372 |   |
|                                       |   |   |   |   |   |   |   |   |   |   |   |   |
| Total      Operating Expenses              |   |   | 18,641 |   |   |   | 17,404 |   |   |   | 395,445 |   |
|                                       |   |   |   |   |   |   |   |   |   |   |   |   |
| LOSS      FROM OPERATIONS                  |   |   | (18,641 | ) |   |   | (17,404 | ) |   |   | (394,578 | ) |
|                                       |   |   |   |   |   |   |   |   |   |   |   |   |
| OTHER      EXPENSES                        |   |   |   |   |   |   |   |   |   |   |   |   |
|                                       |   |   |   |   |   |   |   |   |   |   |   |   |
| Interest      expense                      |   |   | (1,844 | ) |   |   | (1,505 | ) |   |   | (31,401 | ) |
| Loss      on disposal of fixed assets      |   |   | - |   |   |   | - |   |   |   | (250 | ) |
| Loss      on sale of fixed assets          |   |   | - |   |   |   | - |   |   |   | 1,767 |   |
| Gain      on sale of intellectual property |   |   | - |   |   |   | - |   |   |   | 20,000 |   |
|                                       |   |   |   |   |   |   |   |   |   |   |   |   |
| Total      Other Expenses                  |   |   | (1,844 | ) |   |   | (1,505 | ) |   |   | (9,884 | ) |
|                                       |   |   |   |   |   |   |   |   |   |   |   |   |
| NET      LOSS                              |   | $ | (20,485 | ) |   | $ | (18,909 | ) |   | $ | (404,462 | ) |
|                                       |   |   |   |   |   |   |   |   |   |   |   |   |
| BASIC      LOSS PER SHARE                  |   | $ | (0.00 | ) |   | $ | (0.00 | ) |   |   |   |   |
|                                       |   |   |   |   |   |   |   |   |   |   |   |   |
| WEIGHTED      AVERAGE NUMBER OF            |   |   |   |   |   |   |   |   |   |   |   |   |
|   SHARES      OUTSTANDING        |   |   | 6,978,769 |   |   |   | 6,781,076 |   |   |   |   |   |

----

| ANOTEROS,      INC.                                            |   |
|----------------------------------------------------------------|--------|
| (A      Development Stage Company)                             |   |
| Consolidated      Statements of Stockholders' Equity (Deficit) |   |
|                                                           |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                           |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                           |   |   |   |   |   |   |   |   |   |   | Deficit |   |
|                                                           |   |   |   |   |   |   |   |   |   |   | Accumulated |   |
|                                                           |   |   |   |   |   |   |   | Additional |   |   | During      the |   |
|                                                           |   | Common      Stock |   |   | Paid-In |   |   | Development |   |
|                                                           |   | Shares |   |   | Amount |   |   | Capital |   |   | Stage |   |
|                                                           |   |   |   |   |   |   |   |   |   |   |   |   |
| Balance,      December 31, 2006                                |   |   | 6,737,269 |   |   | $ | 6,737 |   |   | $ | 245,871 |   |   | $ | (327,143 | ) |
|                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Common      shares issued on January 15, 2007                  |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   for      accrued wages at $0.05 per share          |   |   | 50,000 |   |   |   | 50 |   |   |   | 4,950 |   |   |   | - |   |
|                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Common      shares issued on December 11, 2007                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   for      services rendered at $0.05 per share      |   |   | 100,000 |   |   |   | 100 |   |   |   | 4,900 |   |   |   | - |   |
|                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Common      shares issued on December 28, 2007                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   for      debt at $0.05 per share                   |   |   | 91,500 |   |   |   | 92 |   |   |   | 4,485 |   |   |   | - |   |
|                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net      loss for the year ended                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   December      31, 2007                             |   |   | - |   |   |   | - |   |   |   | - |   |   |   | (56,834 | ) |
|                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Balance,      December 31, 2007                                |   |   | 6,978,769 |   |   |   | 6,979 |   |   |   | 260,206 |   |   |   | (383,977 | ) |
|                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net      loss for the three months ended                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   March      31, 2008 (unaudited)                    |   |   | - |   |   |   | - |   |   |   | - |   |   |   | (20,485 | ) |
|                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Balance,      March 31, 2008 (unaudited)                       |   |   | 6,978,769 |   |   | $ | 6,979 |   |   | $ | 260,206 |   |   | $ | (404,462 | ) |

----

| ANOTEROS,      INC.                                                                       |   |
|-------------------------------------------------------------------------------------------|--------|
| (A      Development Stage Company)                                                        |   |
| Consolidated      Statements of Cash Flows                                                |   |
| (Unaudited)                                                                               |   |
|                                                                                      |   |   |   |   |   |   |   |   |   |
|                                                                                      |   |   |   |   |   |   |   | From      Inception |   |
|                                                                                      |   |   |   |   |   |   |   | of      the |   |
|                                                                                      |   |   |   |   |   |   |   | Development |   |
|                                                                                      |   |   |   |   |   |   |   | Stage      on |   |
|                                                                                      |   |   |   |   |   |   |   | September      25, |   |
|                                                                                      |   | For      the Three Months Ended |   |   | 1996      through |   |
|                                                                                      |   | March      31, |   |   | March      31, |   |
|                                                                                      |   | 2008 |   |   | 2007 |   |   | 2008 |   |
| CASH      FLOWS FROM OPERATING ACTIVITIES                                                 |   |   |   |   |   |   |   |   |   |
|                                                                                      |   |   |   |   |   |   |   |   |   |
| Net      loss                                                                             |   | $ | (20,485 | ) |   | $ | (18,911 | ) |   | $ | (404,462 | ) |
|                                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |
|   Adjustments      to reconcile net loss to                                     |   |   |   |   |   |   |   |   |   |   |   |   |
|    net      cash used by operating activities:                             |   |   |   |   |   |   |   |   |   |   |   |   |
|       Depreciation      expense                             |   |   | - |   |   |   | - |   |   |   | 257 |   |
|              Loss on disposal of fixed assets          |   |   | - |   |   |   | - |   |   |   | 250 |   |
|       Gain      on sale of fixed assets                     |   |   | - |   |   |   | - |   |   |   | (1,767 | ) |
|              Common stock issued for services and fees |   |   | - |   |   |   | - |   |   |   | 218,191 |   |
|              Gain on sale of intellectual property     |   |   | - |   |   |   | - |   |   |   | (20,000 | ) |
|   Changes      in operating assets and liabilities:                             |   |   |   |   |   |   |   |   |   |   |   |   |
|       Decrease      in inventory                            |   |   | - |   |   |   | - |   |   |   | 53 |   |
|              Increase (decrease) in accounts payable   |   |   |   |   |   |   |   |   |   |   |   |   |
|         and      accrued expenses                 |   |   | 6,878 |   |   |   | (5,000 | ) |   |   | 5,187 |   |
|              Increase in accounts payable              |   |   |   |   |   |   |   |   |   |   |   |   |
|         and      accrued expenses - related party |   |   | 9,869 |   |   |   | 15,231 |   |   |   | 81,929 |   |
|                                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |
| Net      Cash Used by Operating Activities                                                |   |   | (3,738 | ) |   |   | (8,680 | ) |   |   | (120,362 | ) |
|                                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |
| CASH      FLOWS FROM INVESTING ACTIVITIES                                                 |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |
|  Increase      in artwork                                                            |   |   | - |   |   |   | (3,600 | ) |   |   | (31,165 | ) |
| Proceeds      from sale of intellectual property                                          |   |   | - |   |   |   | - |   |   |   | 20,000 |   |
|         Purchase of fixed assets                                                |   |   | - |   |   |   | - |   |   |   | (10,541 | ) |
| Proceeds      from sale of fixed assets                                                   |   |   | - |   |   |   | - |   |   |   | 11,800 |   |
|                                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |
| Net      Cash Used by Investing Activities                                                |   |   | - |   |   |   | (3,600 | ) |   |   | (9,906 | ) |
|                                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |
| CASH      FLOWS FROM FINANCING ACTIVITIES                                                 |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |
| Payments      on notes payable - related parties                                          |   |   | - |   |   |   | - |   |   |   | (13,827 | ) |
| Proceeds      from notes payable - related parties                                        |   |   | 4,268 |   |   |   | 9,550 |   |   |   | 113,338 |   |
|         Common stock issued for cash                                            |   |   | - |   |   |   | - |   |   |   | 32,335 |   |
|                                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |
| Net      Cash Provided by Operating Activities                                            |   |   | 4,268 |   |   |   | 9,550 |   |   |   | 131,846 |   |
|                                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |
| NET      INCREASE (DECREASE) IN CASH                                                      |   |   | 530 |   |   |   | (2,730 | ) |   |   | 1,578 |   |
|                                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |
| CASH      AT BEGINNING OF PERIOD                                                          |   |   | 1,048 |   |   |   | 4,478 |   |   |   | - |   |
|                                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |
| CASH      AT END OF PERIOD                                                                |   | $ | 1,578 |   |   | $ | 1,748 |   |   | $ | 1,578 |   |

----

| ANOTEROS,      INC.                                    |                            |
|--------------------------------------------------------|---------------------------------|
| (A      Development Stage Company)                     |                            |
| Consolidated      Statements of Cash Flows (Continued) |                            |
| (Unaudited)                                            |                            |
|                                                   |                            |   |   |   |   |   |   |   |   |
|                                                   |                            |   |   |   |   |   |   |   |   |
|                                                   |                            |   |   |   |   |   | From      Inception |   |
|                                                   |                            |   |   |   |   |   | of      the |   |
|                                                   |                            |   |   |   |   |   | Development |   |
|                                                   |                            |   |   |   |   |   | Stage      on |   |
|                                                   |                            |   |   |   |   |   | September      25, |   |
|                                                   | For      the Three Months Ended |   | 1996      through |   |
|                                                   | March      31,                  |   | March      31, |   |
|                                                   | 2008                            |   | 2007 |   | 2008 |   |
| CASH      PAID FOR                                     |                            |   |   |   |   |   |   |   |   |
|                                                   |                            |   |   |   |   |   |   |   |   |
| Interest                                               |                            | $ | - |   |   | $ | - |   |   | $ | - |   |
| Taxes                                                  |                            | $ | - |   |   | $ | - |   |   | $ | - |   |
|                                                   |                            |   |   |   |   |   |   |   |   |   |   |   |
|                                                   |                            |   |   |   |   |   |   |   |   |   |   |   |
| SCHEDULE      OF NON-CASH FINANCING AND                |                            |   |   |   |   |   |   |   |   |   |   |   |
|   INVESTING      ACTIVITIES                  |                            |   |   |   |   |   |   |   |   |   |   |   |
|                                                   |                            |   |   |   |   |   |   |   |   |   |   |   |
| Common      stock issued as payment                    |                            |   |   |   |   |   |   |   |   |   |   |   |
|   on      debt                               |                            | $ | - |   |   | $ | 21,941 |   |   | $ | 11,410 |   |
| Common      stock issued for artwork                   |                            | $ | - |   |   | $ | - |   |   | $ | 1,250 |   |

----

|                                                           |   | Loss        |    |   | Shares        |   |      | Per Share |   |
|----------------------------------------------------------------|--------|-------------|---------|--------|---------------|--------|-----------|-----------|--------|
|                                                           |   | (Numerator) |    |   | (Denominator) |   |      | Amount    |   |
|                                                           |   |        |    |   |          |   |      |      |   |
|  For the period      ended                                |   |        |    |   |          |   |      |      |   |
|   March 31,      2008       |   | $           | (20,485 | )      |          |   | 6,978,769 |      |   | $ | (0.00 | ) |
|                                                           |   |        |    |   |          |   |      |      |   |   |   |   |
|  For the period      ended                                |   |        |    |   |          |   |      |      |   |   |   |   |
|   March      31, 2007       |   | $           | (18,911 | )      |          |   | 6,781,076 |      |   | $ | (0.00 | ) |

----

----

----

ITEM2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION ANDRESULTSOF OPERATIONS

----

|  DESCRIPTION                                                                  |   |  AMOUNT |    |
|-------------------------------------------------------------------------------------------------------------|--------|--------------|---------|
|  Legal and      Professional      Fees                    |   | $            | 216,073 |   |
|  Other General      and Administrative                                                                 |   | $            | 144,372 |   |
|  Wages and      Salaries                                                           |   | $            | 35,000  |   |
|  Taxes                                                                             |   | $            | -       |   |
|  Total Operating      Expenses             |   | $            | 395,445 |   |

----

ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKETRISK

ITEM 4. CONTROLS AND PROCEDURES

----

PART II - OTHER INFORMATION.

ITEM 1. LEGAL PROCEEDINGS.

ITEM 1A. RISK FACTORS.

ITEM 2. CHANGES IN SECURITIES AND USE OF PROCEEDS.

ITEM 3. DEFAULTS UPON SENIOR SECURITIES.

ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITYHOLDERS.

ITEM 5. OTHER INFORMATION.

ITEM 6. EXHIBITS

| Exhibit |                                                                                                            |
|---------|-----------------------------------------------------------------------------------------------------------------|
| Number  | Description of      Exhibit                                                                                     |
| 3.01    | Articles      of Incorporation(1)                                                                               |
| 3.02    | Restated      Articles of Incorporation(1)                                                                      |
| 3.03    | Bylaws(1)                                                                                                       |
| 10.01   | Independent      Contractor Agreement with James Wotjak dated October 11, 1999      (1)                         |
| 10.02   | Restated      Independent Contractor Agreement with James Wotjak dated February 18, 2000      (1)               |
| 10.03   | Independent      Contractor Agreement with Ben De Soto dated December 5, 2002(1)                                |
| 10.04   | First      Amendment to Independent Contractor Agreement with Ben De Soto dated      February 11, 2003      (1) |
| 10.05   | Independent      Contractor Agreement with Gerry De Soto dated November 21, 2006(1)                             |
| 10.06   | 2007      Long Term Incentive Plan(2)                                                                           |
| 31.01   | Certification      of Principal Executive Officer Pursuant to Rule 13a-14(3)                                    |
| 31.02   | Certification      of Principal Financial Officer Pursuant to Rule 13a-14(3)                                    |
| 32.01   | CEO      and CFO Certification Pursuant to Section 906 of the Sarbanes-Oxley      Act(3)                        |

| (1)   | Incorporated      by reference to our Registration Statement on Form 10SB filed on April 12,      2007. |
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| (2)   | Incorporated      by reference to our Form 10-KSB filed with the SEC on March 27,      2008. |
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| (3)   | Filed      herewith. |
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