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

|         Large      accelerated filer O |        Accelerated      filer O |
|--------------------------------------------------------------------------------|--------------------------------------------------------------------|
|               Non-accelerated filer O  |     Smaller      reporting company X           |
| (Do      not check if a smaller reporting company) O                      |

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|                                            |                                                                                                                                                                                                                            | Page   |
|-------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
| PART      I – FINANCIAL INFORMATION: |                                                                                                                                                                                                                            |
|                                            |                                                                                                                                                                                                                            |   |
| Item      1.                                    | Financial      Statements:                                                                                                                                                                                                      | 1      |
|                                            |                                                                                                                                                                                                                            |   |
|                                            | Unaudited      Condensed Balance Sheets, June 30, 2008 and September 30,    2007                                                                                                                                                | 2      |
|                                            |                                                                                                                                                                                                                            |   |
|                                            | Unaudited      Condensed Statements of Operations for the Three and Nine Months Ended      June 30, 2008 and 2007, and for the Period from May 27, 2004 (Date of      Inception of the Development Stage) through June 30, 2008 | 3      |
|                                            |                                                                                                                                                                                                                            |   |
|                                            | Unaudited      Condensed Statements of Cash Flows for the Nine Months Ended June 30, 2008      and 2007 and for the Period from May 27, 2004 (Date of Inception of the      Development Stage) through June 30, 2008            | 4      |
|                                            |                                                                                                                                                                                                                            |   |
|                                            | Notes      to Unaudited Condensed Financial Statements                                                                                                                                                                          | 5      |
|                                            |                                                                                                                                                                                                                            |   |
| Item      2.                                    | Management’s      Discussion and Analysis of Financial Condition and Results of      Operations                                                                                                                           | 7      |
|                                            |                                                                                                                                                                                                                            |   |
| Item      3.                                    | Quantitative      and Qualitative Disclosures About Market Risk                                                                                                                                                                 | 9      |
|                                            |                                                                                                                                                                                                                            |   |
| Item      4T.                                   | Controls      and Procedures                                                                                                                                                                                                    | 9      |
|                                            |                                                                                                                                                                                                                            |   |
| PART II – OTHER      INFORMATION:    |                                                                                                                                                                                                                            |
|                                            |                                                                                                                                                                                                                            |   |
| Item      1.                                    | Legal      Proceedings                                                                                                                                                                                                          | 10     |
|                                            |                                                                                                                                                                                                                            |   |
| Item      1A.                                   | Risk      Factors                                                                                                                                                                                                               | 10     |
|                                            |                                                                                                                                                                                                                            |   |
| Item      2.                                    | Unregistered      Sales of Equity Securities and Use of Proceeds                                                                                                                                                                | 10     |
|                                            |                                                                                                                                                                                                                            |   |
| Item      3.                                    | Defaults      Upon Senior Securities                                                                                                                                                                                            | 10     |
|                                            |                                                                                                                                                                                                                            |   |
| Item      4.                                    | Submission      of Matters to a Vote of Security Holders                                                                                                                                                                        | 10     |
|                                            |                                                                                                                                                                                                                            |   |
| Item      5.                                    | Other      Information                                                                                                                                                                                                          | 10     |
|                                            |                                                                                                                                                                                                                            |   |
| Item      6.                                    | Exhibits                                                                                                                                                                                                                        | 10     |
|                                            |                                                                                                                                                                                                                            |   |
| Signatures                                      | 11                                                                                                                                                                                                                              |

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| Acquired      Sales Corp.                                          |   |
|--------------------------------------------------------------------|--------|
| (a      development stage enterprise)                              |   |
| Unaudited      Condensed Balance Sheets                            |   |
|                                                               |   |
|                                                               |   | June      30, |   |   | September      30, |   |
|                                                               |   | 2008 |   |   | 2007 |   |
|                                                               |   |   |   |   |   |   |
| Assets:                                                            |   |   |   |   |   |   |
| Current      Assets:                                               |   |   |   |   |   |   |
| Cash                                                               |   | $ | 4,759 |   |   | $ | 23,933 |   |
| Prepaid      expense                                               |   |   | 12 |   |   |   | 14,374 |   |
| Total      Assets                                                  |   | $ | 4,771 |   |   | $ | 38,307 |   |
|                                                               |   |   |   |   |   |   |   |   |
| Liabilities      and Stockholders' Equity:                         |   |   |   |   |   |   |   |   |
| Current      Liabilities:                                          |   |   |   |   |   |   |   |   |
| Accounts      payable                                              |   | $ | 1,614 |   |   | $ | 3,681 |   |
| Total      Current Liabilities                                     |   |   | 1,614 |   |   |   | 3,681 |   |
|                                                               |   |   |   |   |   |   |   |   |
| Stockholders'      Equity:                                         |   |   |   |   |   |   |   |   |
| 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              |   |   | (79,492 | ) |   |   | (48,023 | ) |
| Total      Stockholders' Equity                                    |   |   | 3,157 |   |   |   | 34,626 |   |
| Total      Liabilities and Stockholders' Equity                    |   | $ | 4,771 |   |   | $ | 38,307 |   |
|                                                               |   |   |   |   |   |   |   |   |
| See      accompanying notes to the condensed financial statements. |   |

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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 |   |   | For      the Nine Months Ended |   |   | of      the Development |   |
|                                                               |   | June      30, |   |   | June      30, |   |   | Stage)      through |   |
|                                                               |   | 2008 |   |   | 2007 |   |   | 2008 |   |   | 2007 |   |   | June      30, 2008 |   |
| Expenses:                                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| General      and administrative                                    |   | $ | (2,147 | ) |   | $ | (22,658 | ) |   | $ | (31,469 | ) |   | $ | (27,540 | ) |   | $ | (133,805 | ) |
| Waiver      of tax liability penalty                               |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | 60,364 |   |
| Interest                                                           |   |   | - |   |   |   | - |   |   |   | - |   |   |   | (1,196 | ) |   |   | (6,051 | ) |
| Net      Loss                                                      |   | $ | (2,147 | ) |   | $ | (22,658 | ) |   | $ | (31,469 | ) |   | $ | (28,736 | ) |   | $ | (79,492 | ) |
|                                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Basic      and diluted loss per share                              |   | $ | (0.00 | ) |   | $ | (0.00 | ) |   | $ | (0.01 | ) |   | $ | (0.01 | ) |   |   |   |   |
|                                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Basic      and diluted weighted average                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| common      shares outstanding                                     |   |   | 5,832,482 |   |   |   | 4,665,985 |   |   |   | 5,832,482 |   |   |   | 4,665,985 |   |   |   |   |   |
|                                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| See      accompanying notes to the condensed financial statements. |   |

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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 of the |   |
|                                                               |   |   | For      the Nine Months Ended |   |   | Development      Stage) |   |
|                                                               |   |   | June      30, |   |   | through |   |
|                                                               |   |   | 2008 |   |   | 2007 |   |   | June      30, 2008 |   |
|                                                               |   |   |   |   |   |   |   |   |   |   |
| Cash      Flows from Operating Activities:                         |   |   |   |   |   |   |   |   |   |   |
| Net      loss                                                      |   |   | $ | (31,469 | ) |   | $ | (28,736 | ) |   | $ | (79,492 | ) |
| 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 | ) |
| Issuances      of warrants for services                            |   |   |   | - |   |   |   | - |   |   |   | 11,970 |   |
| Changes      in assets and liabilities:                            |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Prepaid      expenses                                              |   |   |   | 14,362 |   |   |   | - |   |   |   | (12 | ) |
| Accounts      payable                                              |   |   |   | (2,067 | ) |   |   | 15,050 |   |   |   | 1,614 |   |
| Payable      to officer                                            |   |   |   | - |   |   |   | 230 |   |   |   | - |   |
| Payroll      tax penalties and accrued interest                    |   |   |   | - |   |   |   | (1,792 | ) |   |   | (8,787 | ) |
| Accrued      interest on note payable                              |   |   |   | - |   |   |   | 438 |   |   |   | - |   |
| Net      Cash Used by Operating Activities                         |   |   |   | (19,174 | ) |   |   | (14,810 | ) |   |   | (135,051 | ) |
|                                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Cash      Flows from Financing Activities:                         |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Proceeds      from issuance of note payable to relatedparty        |   |   |   | - |   |   |   | 100,000 |   |   |   | 195,000 |   |
| Payment      of principal on note payable to related party         |   |   |   | - |   |   |   | - |   |   |   | (95,000 | ) |
|                                                               |   |   |   |   | - |   |   |   | - |   |   |   | 40,000 |   |
| Redemption      of common stock                                    |   |   |   | - |   |   |   | - |   |   |   | (190 | ) |
| Net      Cash Provided by Financing Activities:                    |   |   |   | - |   |   |   | 100,000 |   |   |   | 139,810 |   |
|                                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net      Increase (Decrease) in Cash                               |   |   |   | (19,174 | ) |   |   | 85,190 |   |   |   | 4,759 |   |
| Cash      at Beginning of Period                                   |   |   |   | 23,933 |   |   |   | 6,492 |   |   |   | - |   |
|                                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Cash      at End of Period                                         |   |   | $ | 4,759 |   |   | $ | 91,682 |   |   | $ | 4,759 |   |
|                                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Suplemental      Schedule of Noncash Investing                     |   |   |   |   |   |   |   |   |   |   |   |   |   |
| and      Financing Transactions:                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Conversion      of $100,000 note payable to related party          |   |   |   |   |   |   |   |   |   |   |   |   |   |
| into      1,166,497 shares of common stock                         |   |   | $ | - |   |   | $ | - |   |   | $ | 100,000 |   |
|                                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| See      accompanying notes to the condensed financial statements. |   |

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|                                                      |   | Nine Months      EndedJune      30, 2008 |    |   | Cumulative PeriodFrom May      27, 2004(Inception      of Developmental Stage) toJune      30, 2008 |   |
|-----------------------------------------------------------|--------|----------------------------------------------------|---------|--------|-------------------------------------------------------------------------------------------------------------------------|--------|
|                                                      |   |                                               |    |   |                                                                                                                    |   |
| Net      cash (used) in operating activities              |   | $                                                  | (19,174 | )      |                                                                                                                    | $      | (135,051 | ) |
| Net      cash (used) in investing activities              |   | $                                                  | 0       |   |                                                                                                                    | $      | 0 |   |
| Net      cash (used) provided by financing activities     |   | $                                                  | 0       |   |                                                                                                                    | $      | 139,810 |   |
| Net      increase (decrease) in cash and cash equivalents |   | $                                                  | (19,174 | )      |                                                                                                                    | $      | 4,759 |   |

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| Exhibit      3.1* | Articles      of Incorporation Dated December 12, 1985                                                                                                                                                          |
|-------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|              |                                                                                                                                                                                                            |
| Exhibit      3.2* | Amended      Articles of Incorporation Dated July 1992                                                                                                                                                          |
|              |                                                                                                                                                                                                            |
| Exhibit      3.3* | Amended      Articles of Invorporation Dated November 1996                                                                                                                                                      |
|              |                                                                                                                                                                                                            |
| Exhibit      3.4* | Amended      Articles of Incorporation Dated June 1999                                                                                                                                                          |
|              |                                                                                                                                                                                                            |
| Exhibit      3.5* | Amended      Articles of Incorporation Dated January 25, 2006                                                                                                                                                   |
|              |                                                                                                                                                                                                            |
| Exhibit      3.6* | Amended      Bylaws                                                                                                                                                                                             |
|              |                                                                                                                                                                                                            |
| 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 of 2002 |
|              |                                                                                                                                                                                                            |
| 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 of 2002 |
|              |                                                                                                                                                                                                            |
| 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                                            |

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