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**SECURITIES        AND EXCHANGE COMMISSION**

**WASHINGTON,        D.C. 20549**

**FORM        10-QSB/A**

**(Amendment        No.1)**

| **[X]** | **QUARTERLY                  REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE                  ACT OF                  1934** |
|---------|------------------------------------------------------------------------------------------------------------------------------------------------|

**FOR        THE QUARTERLY PERIOD ENDED: June 30, 2007**

**OR**

| **[   ]** | **TRANSITION                  REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE                  ACT OF                  1934** |
|--------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------|

**FOR        THE TRANSITION PERIOD        FROM                                 TO                                 **

| Utah                  (State                  or other jurisdiction of incorporation or organization) |   | 98-0212805                  (I.R.S.  Employer                  Identification No.) |
|-------------------------------------------------------------------------------------------------------|--------|----------------------------------------------------------------------------------------------|

| 175                  East 400 South Suite 900, Salt Lake City, Utah (Address                  of principal executive offices) |   | 84111                  (Zip                  Code) |   | 801-531-0404                  (Issuer's                  telephone number) |
|-------------------------------------------------------------------------------------------------------------------------------|--------|----------------------------------------------------|--------|----------------------------------------------------------------------------|

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**OLDWEBSITES.COM,        INC.**

**FORM        10-QSB**

**QUARTER        ENDED June 30, 2007**

**TABLE        OF CONTENTS**

|                                                                                                                                                        |                                                                                                            | **Page** |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------------------------------------------------------------------------------------------------------------|----------|
| **PART                  I – FINANCIAL INFORMATION**                                                                                                   |                                                                                                            |
|                                                                                                                                                        |                                                                                                            |     |
| Item                  1.                                                                                                                                    | Financial                  Statements                                                                           |     |
|                                                                                                                                                        |                                                                                                            |     |
| Condensed                  Balance Sheets – June 30, 2007 and December 31, 2006                  (Unaudited)                                          | 3                                                                                                               |
|                                                                                                                                                        |                                                                                                            |     |
| Condensed                  Statements of Operations for the Three and Six Months Ended June                  30, 2007                  and 2006 (Unaudited) | 4                                                                                                               |
|                                                                                                                                                        |                                                                                                            |     |
| Condensed                  Statements of Cash Flows for the Six Months Ended  June 30, 2007                  and 2006 (Unaudited)                 | 5                                                                                                               |
|                                                                                                                                                        |                                                                                                            |     |
| Notes                  to Condensed Financial Statements                                                                                                    | 6                                                                                                               |
|                                                                                                                                                        |                                                                                                            |     |
| Item                  2.                                                                                                                                    | Management’s                  Discussion and Analysis                                                     | 7        |
|                                                                                                                                                        |                                                                                                            |     |
| Item                  3.                                                                                                                                    | Controls                  and Procedures                                                                        | 9        |
|                                                                                                                                                        |                                                                                                            |     |
|                                                                                                                                                        |                                                                                                            |     |
| **PART                  II – OTHER INFORMATION**                                                                                                      |                                                                                                            |
|                                                                                                                                                        |                                                                                                            |     |
| Item                  1.                                                                                                                                    | Legal                  Proceedings                                                                              | 10       |
|                                                                                                                                                        |                                                                                                            |     |
| Item                  2.                                                                                                                                    | Changes                  in Securities and Small Business Issuer Purchase of Equity                  Securities | 10       |
|                                                                                                                                                        |                                                                                                            |     |
| Item                  3.                                                                                                                                    | Default                  Upon Senior Securities                                                                 | 10       |
|                                                                                                                                                        |                                                                                                            |     |
| Item                  4.                                                                                                                                    | Submission                  of Matters to a Vote of Security Holders                                            | 10       |
|                                                                                                                                                        |                                                                                                            |     |
| Item                  5.                                                                                                                                    | Other                  Information                                                                              | 10       |
|                                                                                                                                                        |                                                                                                            |     |
| Item                  6.                                                                                                                                    | Exhibits                  and Reports on Form 8-K                                                               | 10       |
|                                                                                                                                                        |                                                                                                            |     |
| Signatures                                                                                                                                                  |                                                                                                            | 11       |

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**PART        I – FINANCIAL INFORMATION**

**ITEM        1.   FINANCIAL STATEMENTS**

**OLDWEBSITES.COM,        INC**

**CONDENSED        BALANCE SHEETS**

**(UNAUDITED)**

|                                                                                                                                                       |   | **June                  30,** |    |   | **December                  31,** |   |
|------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-------------------------------|---------|--------|-----------------------------------|--------|
|                                                                                                                                                       |   | **2007**                      |    |   | **2006**                          |   |
| **ASSETS**                                                                                                                                                 |   |                          |    |   |                              |   |
| **Current                  Assets**                                                                                                                        |   |                          |    |   |                              |   |
| Cash                                                                                                                                                       |   | $                             | 61,399  |   |                              | $      | 8,689 |   |
| Related                  party receivable- RecycleNet Corporation                                                                                          |   |                          | -       |   |                              |   | 75,000 |   |
| **Total                  Assets**                                                                                                                          |   | $                             | 61,399  |   |                              | $      | 83,689 |   |
|                                                                                                                                                       |   |                          |    |   |                              |   |   |   |
| **LIABILITIES                  AND STOCKHOLDERS' EQUITY**                                                                                                  |   |                          |    |   |                              |   |   |   |
| **Current                  Liabilities**                                                                                                                   |   |                          |    |   |                              |   |   |   |
| Accrued                  expenses                                                                                                                          |   | $                             | 2,800   |   |                              | $      | - |   |
| Deferred                  revenue                                                                                                                          |   |                          | 793     |   |                              |   | 2,345 |   |
| **Total                  Current Liabilities**                                                                                                             |   |                          | 3,593   |   |                              |   | 2,345 |   |
| **Stockholders'                  Equity**                                                                                                                  |   |                          |    |   |                              |   |   |   |
| Common                  shares - $0.00 par value; 100,000,000 shares authorized; 9,100,000                  shares                  issued and outstanding |   |                          | 131,927 |   |                              |   | 131,927 |   |
| Accumulated                  deficit                                                                                                                       |   |                          | (74,121 | )      |                              |   | (50,583 | ) |
| **Total                  Stockholders' Equity**                                                                                                            |   |                          | 57,806  |   |                              |   | 81,344 |   |
| **Total                  Liabilities and Stockholders' Equity**                                                                                            |   | $                             | 61,399  |   |                              | $      | 83,689 |   |

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**OLDWEBSITES.COM,        INC**

**CONDENSED        STATEMENTS OF OPERATIONS**

**(UNAUDITED)**

|                                                                  |   | **For                  The Three Months** |      |   | **For                  The Six Months** |   |
|-----------------------------------------------------------------------|--------|-------------------------------------------|-----------|--------|-----------------------------------------|--------|
|                                                                  |   | **Ended                  June 30,**       |      |   | **Ended                  June 30,**     |   |
|                                                                  |   | **2007**                                  |      |   | **2006**                                |   |   | **2007** |   |   | **2006** |   |
| Sales                                                                 |   | $                                         | 1,368     |   |                                    | $      | 1,264 |   |   | $ | 2,176 |   |   | $ | 5,004 |   |
| Selling,                  general and administrative expenses         |   |                                      | 15,414    |   |                                    |   | 2,393 |   |   |   | 25,714 |   |   |   | 4,655 |   |
| **Net                  Income (Loss)**                                |   | $                                         | (14,046   | )      |                                    | $      | (1,129 | ) |   | $ | (23,538 | ) |   | $ | 349 |   |
|                                                                  |   |                                      |      |   |                                    |   |   |   |   |   |   |   |   |   |   |   |
| **Basic                  and Diluted Income (Loss) Per Common Share** |   | $                                         | -         |   |                                    | $      | - |   |   | $ | - |   |   | $ | - |   |
| **Weighted-Average                  Common Shares Outstanding**       |   |                                      | 9,100,000 |   |                                    |   | 9,100,000 |   |   |   | 9,100,000 |   |   |   | 9,100,000 |   |

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**OLDWEBSITES.COM,        INC**

**CONDENSED        STATEMENTS OF CASH FLOWS**

**(UNAUDITED)**

| ***For                  The Six Months Ended June 30,***                        |   | **2007** |    |   | **2006** |   |
|---------------------------------------------------------------------------------|--------|----------|---------|--------|----------|--------|
| **Cash                  Flows From Operating Activities:**                      |   |     |    |   |     |   |
| Net                  income (loss)                                              |   | $        | (23,538 | )      |     | $      | 349 |   |
| Changes                  in assets and liabilities:                             |   |     |    |   |     |   |   |   |
| Accrued                  expenses                                               |   |     | 2,800   |   |     |   | - |   |
| Deferred                  revenue                                               |   |     | (1,552  | )      |     |   | - |   |
|                                                                            |   |     |    |   |     |   |   |   |
| **Net                  Cash Provided By (Used In) Operating Activities**        |   |     | (22,290 | )      |     |   | 349 |   |
|                                                                            |   |     |    |   |     |   |   |   |
| **Cash                  Flows From Investing Activities:**                      |   |     |    |   |     |   |   |   |
| Collection                  of related party receivable- RecycleNet Corporation |   |     | 75,000  |   |     |   | - |   |
|                                                                            |   |     |    |   |     |   |   |   |
| **Net                  Cash Provided by Investing Activities**                  |   |     | 75,000  |   |     |   | - |   |
|                                                                            |   |     |    |   |     |   |   |   |
| **Cash                  Flows from Financing Activities**                       |   |     | -       |   |     |   | - |   |
|                                                                            |   |     |    |   |     |   |   |   |
| **Net                  Change in Cash**                                         |   |     | 52,710  |   |     |   | 349 |   |
| **Cash                  at Beginning of Period**                                |   |     | 8,689   |   |     |   | 9,501 |   |
| **Cash                  at End of Period**                                      |   | $        | 61,399  |   |     | $      | 9,850 |   |

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**OLDWEBSITES.COM,        INC.**

**NOTES        TO CONDENSED FINANCIAL STATEMENTS**

**(UNAUDITED)**

**NOTE        1–ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES**

**Organization        and Nature of Operations**

**Basis        of Presentation —**

**Business        Condition -**

**NOTE        2–RELATED PARTY TRANSACTIONS**

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**NOTE        3–STOCKHOLDERS’ EQUITY**

**NOTE        4–BASIC AND DILUTED INCOME (LOSS) PER COMMON SHARE**

**ITEM        2. MANAGEMENT'S DISCUSSION AND ANALYSIS**

**Cautionary        Statement Regarding Forward-Looking Statements**

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**Overview**

**Results        of Operations**

**Organization        and Nature of        Operations**

***—***

**Monetization        Services - **

**Sales        Revenues**

|                            |   | **Three                  Months Ended** |   |   | **Six                  Months Ended** |   |
|---------------------------------|--------|-----------------------------------------|--------|--------|---------------------------------------|--------|
|                            |   | **June                  30,**           |   |   | **June                  30,**         |   |
|                            |   | **2007**                                |   |   | **2006**                              |   |   | **2007** |   |   | **2006** |   |
|                            |   |                                    |   |   |                                  |   |   |   |   |   |   |   |
| Sales                  Revenues |   | $                                       | 1,368  |   |                                  | $      | 1,264 |   |   | $ | 2,176 |   |   | $ | 5,004 |   |

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**Operating        Expenses**

|                                                 |   | **Three                  Months Ended** |   |   | **Six                  Months Ended** |   |
|------------------------------------------------------|--------|-----------------------------------------|--------|--------|---------------------------------------|--------|
|                                                 |   | **March                  31,**          |   |   | **June                  30,**         |   |
|                                                 |   | **2007**                                |   |   | **2006**                              |   |   | **2007** |   |   | **2006** |   |
|                                                 |   |                                    |   |   |                                  |   |   |   |   |   |   |   |
| General                  and Administrative Expenses |   | $                                       | 15,414 |   |                                  | $      | 2,393 |   |   | $ | 25,714 |   |   | $ | 4,655 |   |

**Net        Income (Loss) from Continuing Operations**

|                              |   | **Three                  Months Ended** |    |   | **Six                  Months Ended** |   |
|-----------------------------------|--------|-----------------------------------------|---------|--------|---------------------------------------|--------|
|                              |   | **June                  30,**           |    |   | **June                  30,**         |   |
|                              |   | **2007**                                |    |   | **2006**                              |   |   | **2007** |   |   | **2006** |   |
|                              |   |                                    |    |   |                                  |   |   |   |   |   |   |   |
| NetIncome                  (Loss) |   | $                                       | (14,046 | )      |                                  | $      | (1,129 | ) |   | $ | (23,538 | ) |   | $ | 349 |   |

**Liquidity        and Capital Resources**

|                              |   | **June                  30,** |   |   | **December                  31,** |   |
|-----------------------------------|--------|-------------------------------|--------|--------|-----------------------------------|--------|
|                              |   | **2007**                      |   |   | **2006**                          |   |
|                              |   |                          |   |   |                              |   |
| **Cash                  on Hand** |   | $                             | 61,399 |   |                              | $      | 8,689 |   |

**ITEM        3. CONTROLS AND PROCEDURES**

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**PART        II – OTHER INFORMATION**

**ITEM        1. LEGAL PROCEEDINGS**

**ITEM        2.**
**CHANGES        IN SECURITIES AND SMALL BUSINESS ISSUER PURCHASE OF EQUITY        SECURITIES**

**ITEM        3. DEFAULT UPON SENIOR SECURITIES**

**ITEM        4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS**

**ITEM        5. OTHER INFORMATION**

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

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**SIGNATURES**

|                                  | Oldwebsites.com,                  Inc                                                                                                                                                                                                                                                                                                                                |
|---------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                  |                                                                                                                                                                                                                                                                                                                                                                 |
|                                  |                                                                                                                                                                                                                                                                                                                                                                 |
| Spetember                  24, 2007   | /s/                  James                  Roszel                                                    |
|                                  | James                  Roszel, President                                                                                                                                                                                                                                                                                                                             |
|                                  |                                                                                                                                                                                                                                                                                                                                                                 |
|                                  |                                                                                                                                                                                                                                                                                                                                                                 |
| Spetember                    24, 2007 | /s/                  Richard                  Ivanovick                                                                                  |
|                                  | Richard                  Ivanovick, C.A., Chief Financial and                                                                                                                                                                                                                                                                                                        |
|                                  | Accounting                  Officer                                                                                                                                                                                                                                                                                                                                  |

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