**UNITED
        STATES**
 **SECURITIES
        AND EXCHANGE COMMISSION**
 **Washington,
        D.C. 20549**
  FORM 10-QSB
 
 x
              **QUARTERLY
                  REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT
                  OF 1934
                  FOR THE QUARTERLY PERIOD ENDED JUNE 30,
                  2007**
 
 o
                **TRANSITION
                    REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
                    ACT OF
                    1934****For
                    the transition period from
                    ______to______.**
 Commission
          File Number: 000-52512
  **BLS
        Media, Inc.**
 (Exact
        name of small business issuer as specified in its charter)
 
 **Nevada**
              **20-5874196**(State
                  or other jurisdiction
                of
                  incorporation or organization)
              (I.R.S.
                  Employer
                Identification
                  No.)
 
 **1683
                  Duarte Drive, Henderson, Nevada 89014**(Address
                  of principal executive offices)
 
 **702-450-2163**(Issuer’s
                  Telephone Number)
 
 Indicate
        by check mark whether the issuer (1) has filed all reports required to be
        filed
        by Section 13 or 15(d) of the Exchange Act during the past 12 months (or
        for
        such shorter period that the registrant was required to file such reports),
        and
        (2) has been subject to such filing requirements for the past 90 days. xYes  oNo
 
 Indicate
        by check mark whether the registrant is a shell company (as defined in Rule
        12b-2 of the Exchange Act). x Yes  oNo
 
 **APPLICABLE
        ONLY TO CORPORATE ISSUERS**
  State
        the
        number of shares outstanding of each of the issuer's classes of common equity,
        as of the latest practical date.  As of August 13, 2007, there were
        4,515,500 shares of the issuer's $.001 par value common stock issued and
        outstanding.
  Transitional
        Small Business Disclosure format (check one): oYes   xNo
  1
  **PART
        I - FINANCIAL INFORMATION**
 
 **Item
        1.  Financial Statements**
 
 **BLS
          MEDIA, INC.**
 **(A
          Development Stage Company)**
 **BALANCE
          SHEET**
 **JUNE
            30, 2007**
 **(UNAUDITED)**
   **ASSETS**Current
                        assetsCash
                    
                    $
                    42,126Total
                        current assets
                    
                    
                    42,126Property
                        and equipment, net of $123 accumulated depreciation
                    
                    
                    1,984Total
                        assets
                    
                    $
                    44,110
 **LIABILITIES
                        AND STOCKHOLDERS’ DEFICIT**Current
                        liabilitiesAccounts
                        payable and accrued expenses
                    
                    $
                    25,123Loan
                        from stockholder
                    
                    
                    22,000Total
                        current liabilities
                    
                    
                    47,123Stockholders’
                        deficitCommon
                        stock, $.001 par value; 100,000,000 shares authorized,4,315,500
                        shares issued and outstanding
                    
                    
                    4,316Additional
                        paid-in capital
                    
                    
                    32,834Deficit
                        accumulated during the development stage
                    
                    
                    (40,163
                    )Total
                        stockholders’ deficit
                    
                    
                    (3,013
                    )Total
                        liabilities and stockholders’ deficit
                    
                    $
                    44,110
 **See
          accompanying notes to financial statements.**
 2
  **BLS
          MEDIA, INC.**
 **(A
          Development Stage Company)**
 **STATEMENTS
          OF OPERATIONS**
 **(UNAUDITED)**
   ****
                  
                  
                  ****
                  
                  
                  **From
                          the Period******
                  
                  **For
                      the**
                  
                  
                  **For
                      the**
                  
                  
                  **of
                        Inception******
                  
                  **Three
                      Months**
                  
                  
                  **Six
                      Months**
                  
                  
                  **(October
                      31,******
                  
                  **Ended**
                  
                  
                  **Ended**
                  
                  
                  **2006)
                      to******
                  
                  **June
                      30, 2007**
                  
                  
                  **June
                      30, 2007**
                  
                  
                  **June
                      30, 2007**Net
                      revenue
                  
                  $
                  -
                  
                  
                  $
                  403
                  
                  
                  $
                  403Operating
                      expensesLegal
                      and professional
                  
                  
                  14,602
                  
                  
                  
                  26,176
                  
                  
                  
                  36,771Other
                      general and administrative
                  
                  
                  1,058
                  
                  
                  
                  2,496
                  
                  
                  
                  2,896Total
                      operating expenses
                  
                  
                  15,660
                  
                  
                  
                  28,672
                  
                  
                  
                  39,667Net
                      operating loss
                  
                  
                  (15,660
                  )
                  
                  
                  (28,269
                  )
                  
                  
                  (39,264
                  )Interest
                      expense
                  
                  
                  (440
                  )
                  
                  
                  (880
                  )
                  
                  
                  (899
                  )Loss
                      before income taxes
                  
                  
                  (16,100
                  )
                  
                  
                  (29,149
                  )
                  
                  
                  (40,163
                  )Provision
                      for income taxes
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  -Net
                      loss
                  
                  $
                  (16,100
                  )
                  
                  $
                  (29,149
                  )
                  
                  $
                  (40,163
                  )Net
                      loss per common share – basic and diluted
                  
                  $
                  (0.00
                  )
                  
                  $
                  (0.01
                  )
                  
                  $
                  (0.01
                  )Weighted
                      average of common shares – basic and diluted
                  
                  $
                  4,003,467
                  
                  
                  $
                  4,021,743
                  
                  
                  $
                  4,001,304
 See
        accompanying notes to financial statements.
  3
  **BLS
          MEDIA, INC.**
 **(A
          Development Stage Company)**
 **STATEMENT
          OF CHANGES IN STOCKHOLDERS’ DEFICIT**
 **FOR
          THE PERIOD FROM INCEPTION (OCTOBER 31, 2006)**
 **THROUGH
          JUNE 30, 2007**
   **Deficit****Accumulated****Common
                      Stock**
                  
                  
                  **Additional**
                  
                  
                  **During**
                  
                  
                  **Total****Number
                      of**
                    **Shares**
                  
                  
                  **Amount**
                  
                  
                  **Paid-In**
                    **Capital**
                  
                  
                  **Development**
                    **Stage**
                  
                  
                  **Stockholders’**
                    **Equity
                      (Deficit)**Balance,
                      October 31, 2006
                  
                  
                  -
                  
                  
                  $
                  -
                  
                  
                  $
                  -
                  
                  
                  $
                  -
                  
                  
                  $
                  -Issuance
                      of common stock, November 1, 2006
                  
                  
                  4,000,000
                  
                  
                  
                  4,000
                  
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  4,000Additional
                    paid-in capital in exchange for facilitiesprovided
                      by related party
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  400
                  
                  
                  
                  -
                  
                  
                  
                  400Net
                      loss
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  (11,014
                  )
                  
                  
                  (11,014
                  )Balance,
                      December 31, 2006 (Audited)
                  
                  
                  4,000,000
                  
                  
                  
                  4,000
                  
                  
                  
                  400
                  
                  
                  
                  (11,014
                  )
                  
                  
                  (6,614
                  )Issuance
                      of common stock for cash, June 30, 2007
                  
                  
                  315,500
                  
                  
                  
                  316
                  
                  
                  
                  31,234
                  
                  
                  
                  -
                  
                  
                  
                  31,550Additional
                    paid-in capital in exchange for facilitiesprovided
                      by related party
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  1,200
                  
                  
                  
                  -
                  
                  
                  
                  1,200Net
                      loss
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  (29,149
                  )
                  
                  
                  (29,149
                  )Balance,
                      June 30, 2007 (Unaudited)
                  
                  
                  4,315,500
                  
                  
                  $
                  4,316
                  
                  
                  $
                  32,834
                  
                  
                  $
                  (40,163
                  )
                  
                  $
                  (3,013
                  )
 **See
        accompanying notes to financial statements.**
  4
  **BLS
          MEDIA, INC.**
 **(A
          Development Stage Company)**
 **STATEMENTS
            OF CASH FLOWS**
 **(UNAUDITED)**
   ****
                ****
                **From
                    the Period**
                ********
                ****
                **For
                    the**
                ****
                ****
                **of
                    Inception**
                ********
                ****
                **Six
                    Months**
                ****
                ****
                **(October
                    31,**
                ********
                ****
                **Ended**
                ****
                ****
                **2006)
                    to**
                ********
                ****
                **June
                    30, 2007**
                ****
                ****
                **June
                    30, 2007**Cash
                    flows from operating activitiesNet
                    loss
                
                $
                (29,149
                )
                
                $
                (40,163
                )Adjustments
                    to reconcile net loss to net cash provided by (used in) operating
                    activitiesAdditional
                    paid-in capital in exchange for facilities provided by related
                    party
                
                
                1,200
                
                
                
                1,600Depreciation
                
                
                123
                
                
                
                123Changes
                    in operating assets and liabilitiesIncrease
                    in accounts payable and accrued expenses
                
                
                14,509
                
                
                
                25,123Net
                    cash used in operating activities
                
                
                (13,317
                )
                
                
                (13,317
                )Cash
                    flows from investing activitiesPurchase
                    of fixed assets
                
                
                (2,107
                )
                
                
                (2,107
                )Net
                    cash used by investing activities
                
                
                (2,107
                )
                
                
                (2,107
                )Cash
                    flows from financing activitiesProceeds
                    from issuance of stockholder loan
                
                
                -
                
                
                
                22,000Proceeds
                    from issuance of common stock
                
                
                31,550
                
                
                
                35,550Net
                    cash provided by financing activities
                
                
                31,550
                
                
                
                57,550Net
                    increase (decrease) in cash
                
                
                16,126
                
                
                
                42,126Cash,
                    beginning of period
                
                
                26,000
                
                
                
                -Cash,
                    end of period
                
                $
                42,126
                
                
                $
                42,126**Supplemental
                    disclosure of cash flow information**Income
                    taxes paid
                
                $
                -
                
                
                $
                -Interest
                    paid
                
                $
                -
                
                
                $
                -
  See
        accompanying notes to financial statements.
  5
  **BLS
          MEDIA, INC.**
 **(A
          Development Stage Company)**
 **NOTES
          TO UNAUDITED FINANCIAL STATEMENTS**
 **JUNE
          30, 2007**
 **1.**
                **NATURE
                    OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING
                    POLICIES**
 
 **Nature
          of Operations**
 
 BLS
          Media, Inc. (the Company) is currently a development stage company under
          the
          provisions of Statement of Financial Accounting Standards (SFAS) No. 7
          and was
          incorporated under the laws of the State of Nevada on October 31,
          2006.  Since inception, the Company has produced minimal revenues and
          will continue to report as a development stage company until significant
          revenues are produced.
 
 The
          Company is a full service video production and media relations company
          that
          specializes in providing customized video production services, public relations
          services and copy editing services to businesses.
 
 **Video
          Production Services.**  The Company offers full video
          production services from concept to finished program including:
 
 ·
                Corporate
                    Video Services.  The Company specializes in designing video
                    for internal corporate communications.  Their unique approach of
                    creating and maximizing the ease, use, and impact of the video
                    for the
                    busy professional.
 ·
                Performance
                    Arts Video Services.  For artists, the Company specializes
                    in creating mini-documentaries for broadcast as well as use for
                    promotional, funding, and booking uses.  The mini-documentary
                    format gives artists a chance to tell their story in an exciting
                    new
                    way.
 
 **Public
          Relations Services.**  The Company provides public relations
          services under the trade name “Positively PR” and includes:
 ·
                  creating
                      specific and strategic media plans according to client needs
                      and adhering
                      to a strict and detailed timeline;
 ·
                  identifying
                      and focus on client’s target
                      market;
 ·
                  identifying
                      media outlets integral to obtaining positive public relations
                      and,
 ·
                  developing
                      media kits, among other services.
 **Copy
          Editing and Proofreading Services.**  The Company provides copy
          editing and proofreading services under the trade name “Get it
          Write!”.  They offer their copy editing and proofreading services to
          fine-tune their clients’ written materials.
  6
  **BLS
            MEDIA, INC.**
 **(A
            Development Stage Company)**
 **NOTES
            TO UNAUDITED FINANCIAL STATEMENTS**
 **JUNE
            30, 2007**
 **1.**
                **NATURE
                    OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES**
                    (Continued)
 
 **Basis
          of Presentation**
 
 The
          unaudited condensed financial statements included herein have been prepared
          in
          accordance with accounting principles generally accepted in the United
          States
          for interim financial information and with the instructions to Form 10-QSB
          and
          Item 310(b) of Regulation S-B.  They do not include all information and
          notes required by generally accepted accounting principles for complete
          financial statements. However, except as disclosed herein, there has been
          no
          material changes in the information disclosed in the notes to financial
          statements included in the report on Form SB-2 of BLS Media, Inc. for the
          year
          ended December 31, 2006. In the opinion of management, all adjustments
          (including normal recurring accruals) considered necessary for a fair
          presentation have been included. Operating results for the three and six
          month
          periods ended June 30, 2007 are not necessarily indicative of the results
          that
          may be expected for any other interim period or the entire year. For further
          information, these condensed unaudited financial statements and the related
          notes should be read in conjunction with the Company’s audited financial
          statements for the year ended December 31, 2006 included in the Company’s report
          on Form SB-2.
 
 **Use
          of Estimates**
 
 The
          preparation of financial statements in conformity with accounting principles
          generally accepted in the United States of America requires management
          to make
          estimates and assumptions that affect the reported amounts of assets and
          liabilities and disclosure of contingent assets and liabilities at the
          date of
          the financial statements, and the reported amounts of revenues and expenses
          during the reported periods.  Actual results could materially differ
          from those estimates.
 
 **Cash
          and Cash Equivalents**
 
 For
          purposes of the balance sheet and statement of cash flows, the Company
          considers
          all highly liquid debt instruments purchased with maturity of three months
          or
          less to be cash equivalents.
  7
 **BLS
            MEDIA, INC.**
 **(A
            Development Stage Company)**
 **NOTES
            TO UNAUDITED FINANCIAL STATEMENTS**
 **JUNE
            30, 2007**
 **1.**
                **NATURE
                    OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES**
                    (Continued)
 
 **Fair
          Value of Financial Instruments**
 
 Pursuant
          to SFAS No. 107, “*Disclosures About Fair Value of Financial
          Instruments*”, the Company is required to estimate the fair value of all
          financial instruments included on its balance sheet.  The carrying
          value of cash, accounts payable and accrued expenses approximate their
          fair
          value due to the short period to maturity of these instruments.
 
 **Property
          and Equipment**
 
 Property
          and equipment are stated at cost.  Depreciation of property and
          equipment is provided using the straight-line method over the estimated
          useful
          lives of the assets.  Expenditures for major renewals and betterments
          that extend the useful lives of property and equipment are
          capitalized.  Expenditures for maintenance and repairs are changed to
          expense as incurred.
 
 **Revenue
          Recognition**
 
 Revenue
          is recognized from
          salesof
          its serviceswhen (a)persuasive
          evidence of a sale with a
          customer exists, (b)services are rendered,(c)
          fee is fixed or determinable, and
          (d)
          collection of thefee is reasonably
          assured.
 
 **Income
          Taxes**
 
 The
          Company accounts for income taxes under SFAS 109, “*Accounting for Income
          Taxes*”.  Under the asset and liability method of SFAS 109,
          deferred tax assets and liabilities are recognized for the future tax
          consequences attributable to differences between the financial statements
          carrying amounts of existing assets and liabilities and their respective
          tax
          bases.  Deferred tax assets and liabilities are measured using enacted
          tax rates expected to apply to taxable income in the years in which those
          temporary differences are expected to be recovered or settled.  Under
          SFAS 109, the effect on deferred tax assets and liabilities of a change
          in tax
          rates is recognized in income in the period the enactment occurs.  The
          components of the deferred tax assets and liabilities are classified as
          current
          and non-current based on their characteristics.  A valuation allowance
          is provided for certain deferred tax assets if it is more likely than not
          that
          the Company will not realize tax assets through future operations.
  8
 
  **BLS
              MEDIA, INC.**
 **(A
              Development Stage Company)**
 **NOTES
              TO UNAUDITED FINANCIAL STATEMENTS**
 **JUNE
              30, 2007**
 **1.**
                **NATURE
                    OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES**
                    (Continued)
 
 **Comprehensive
          Income**
 
 The
          Company applies Statement of Financial Accounting Standards No. 130,
“*Reporting Comprehensive Income*” (SFAS 130).  SFAS 130
          establishes standards for the reporting and display of comprehensive income
          or
          loss, requiring its components to be reported in a financial statement
          that is
          displayed with the same prominence as other financial
          statements.  From inception (October 31, 2006) through June 30, 2007,
          the Company had no other components of comprehensive loss other than net
          loss as
          reported on the statement of operations.
 
 **Basic
          and Diluted Income (Loss) Per Share**
 
 In
          accordance with SFAS No. 128, “*Earnings Per Share*”, basic income (loss)
          per common share is computed by dividing net income (loss) available to
          common
          stockholders by the weighted average number of common shares
          outstanding.  Diluted income (loss) per common share is computed
          similar to basic income per common share except that the denominator is
          increased to include the number of additional common shares that would
          have been
          outstanding if the potential common shares had been issued and if the additional
          common shares were dilutive.  As of June 30, 2007, the Company did not
          have any equity or debt instruments outstanding that could be converted
          into
          common stock.
  9
  **BLS
            MEDIA, INC.**
 **(A
            Development Stage Company)**
 **NOTES
            TO UNAUDITED FINANCIAL STATEMENTS**
 **JUNE
            30, 2007**
 **1.**
                **NATURE
                    OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES**
                    (Continued)
 
 **Recent
          Accounting Pronouncements**
 
 FASB
          Interpretation No. 48– In July 2006, the FASB issued Interpretation No. 48,
“*Accounting for Uncertainty in Income Taxes*” (FIN 48), which
          supplements SFAS No. 109, “*Accounting for Income Taxes*”, by defining
          the confidence level that a tax position must meet in order to be recognized
          in
          the financial statements.  The Interpretation requires that the tax
          effects of a position be recognized only if it is “more-likely-than-not” to be
          sustained based solely on its technical merits as of the reporting
          date.  The more-likely-than-not threshold represents a positive
          assertion by management that a company is entitled to the economic benefits
          of a
          tax position.  If a tax position is not considered
          more-likely-than-not to be sustained based solely on its technical merits,
          no
          benefits of the position are to be recognized.  This Interpretation is
          effective for fiscal years beginning after December 15, 2006.  The
          Company is currently assessing the potential effect of FIN 48 on its financial
          statements.
 
 SFAS
          No. 157– In September 2006, the FASB issued Statement 157, “*Fair Value
          Measurements*”.  This Statement defines fair value, establishes a
          framework for measuring fair value in generally accepted accounting principles
          (GAAP), and expands disclosures about fair value measurements.  This
          Statement applies under other accounting pronouncements that require or
          permit
          fair value measurements, the Board having previously concluded in those
          accounting pronouncements that fair value is the relevant
 measurement
          attribute.  Accordingly, this Statement does not require any new fair
          value measurements.  However, for some entities, the application of
          this Statement will change current practice.  This Statement is
          effective for financial statements issued for fiscal years beginning after
          November 15, 2007, and interim periods within those fiscal
          years.  Earlier application is encouraged, provided that the reporting
          entity has not yet issued financial statements for that fiscal year, including
          financial statements for an interim period within that fiscal
          year.  The Company is currently assessing the potential effect of SFAS
          157 on its financials statements.
  10
  **BLS
            MEDIA, INC.**
 **(A
            Development Stage Company)**
 **NOTES
            TO UNAUDITED FINANCIAL STATEMENTS**
 **JUNE
            30, 2007**
   **1.**
                **NATURE
                    OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES**
                    (Continued)
  SFAS
            No. 158– In September 2006, the FASB issued Statement No. 158
“*Employers’ Accounting for Defined Benefit Pension and Other Postretirement
            Plans - an amendment of FASB Statements No. 87, 88, 106, and
            132(R*)”.  This Statement improves financial reporting by
            requiring an employer to recognize the overfunded or underfunded status
            of a
            defined benefit postretirement plan (other than a multiemployer plan)
            as an
            asset or liability in its statement of financial position and to recognize
            changes in that funded status in the year in which the changes occur
            through
            comprehensive income of a business entity or changes in unrestricted
            net assets
            of a not-for-profit organization. This Statement
            also improves financial reporting by requiring an employer to measure
            the funded
            status of a plan as of the date of its year-end statement of financial
            position,
            with limited exceptions.  An employer with publicly traded equity
            securities is required to initially recognize the funded status of a
            defined
            benefit postretirement plan and to provide the required disclosures as
            of the
            end of the fiscal year ending after December 15, 2006.  An employer
            without publicly traded equity securities is required to recognize the
            funded
            status of a defined benefit postretirement plan and to provide the required
            disclosures as of the end of the fiscal year ending after June 15,
            2007.  The Company believes that the adoption of this standard will
            not a have a material impact on its financial statements.
 
 SFAS
          No. 159– In February 2007, the FASB issued SFAS No. 159, “*The Fair Value
          Option for Financial Assets and Financial Liabilities*” – including an
          amendment of SFAS No. 115, “*Accounting for Certain Investments in Debt and
          Equity Securities*”, which applies to all entities with available-for-sale
          and trading securities.  This Statement permits entities to choose to
          measure many financial instruments and certain other items at fair
          value.  The objective is to improve financial reporting by providing
          entities with the opportunity to mitigate volatility in reported earnings
          caused
          by measuring related assets and liabilities differently without having
          to apply
          complex hedge accounting provisions.  This Statement is effective as
          of the beginning of an entity’s first fiscal year that begins after November 15,
          2007.  Early adoption is permitted as of the beginning of a fiscal
          year that begins on or before November 15, 2007, provided the entity also
          elects
          to apply the provisions of FASB Statement No. 157, “*Fair Value
          Measurements*”.  The Company plans to adopt SFAS No. 159 effective
          January 1, 2008.  The Company is in the process of determining the
          effect, if any, that the adoption of SFAS No. 159 will have on the Company’s
          financial statements.
  11
 **BLS
            MEDIA, INC.**
 **(A
            Development Stage Company)**
 **NOTES
            TO UNAUDITED FINANCIAL STATEMENTS**
 **JUNE
            30, 2007**
  **2.**
                    **GOING
                        CONCERN**
  As
          shown
          in the accompanying financial statements, the Company has incurred a net
          operating loss of $(40,163) from inception (October 31, 2006) through June
          30,
          2007.
 
 The
          Company is subject to those risks associated with development stage
          companies.  The Company has sustained losses since inception and
          additional debt and equity financing will be required by the Company to
          fund its
          development activities and to support operations.  However, there is
          no assurance that the Company will be able to obtain additional
          financing.  Furthermore, there is no assurance that rapid
          technological changes, changing customer needs and evolving industry standards
          will enable the Company to introduce new products on a continual and timely
          basis so that profitable operations can be attained.
 **3.**
                    **ACCRUED
                        EXPENSES**
 **Accrued
          Wages and Compensated Absences**
 
 The
          Company currently does not have any employees.  The majority of
          development costs and services have been provided to the Company by the
          founders
          and outside, third-party vendors.  As such, there is no accrual for
          wages or compensated absences as of June 30, 2007.
 **4.**
                    **LOAN
                        FROM STOCKHOLDER**
 The
          Company has an outstanding note payable with a stockholder in the amount
          of
          $22,000.  Per the terms of the note, this loan is due in one lump-sum
          payment on December 28, 2007, together with interest that accrues at the
          rate of
          8% per annum.  The loan funds are to be used for working capital
          purposes.
 **5.**
                    **COMMON
                        STOCK**
  On
          November 1, 2006, the Company issued 4,000,000 shares of its common stock
          to its
          officers for cash of $4,000 which was considered a reasonable estimate
          of fair
          value.
 
 On
          June
          30, 2007, the Company issued 315,500 shares of its common stock to unrelated
          investors for cash of $31,550 pursuant to the Company’s Registration Statement
          on Form SB-2.
  12
 **BLS
            MEDIA, INC.**
 **(A
            Development Stage Company)**
 **NOTES
            TO UNAUDITED FINANCIAL STATEMENTS**
 **JUNE
            30, 2007**
 **6.**
                      **PROVISION
                          FOR INCOME TAXES**
 The
          Company is not currently subject to federal or state tax since it has incurred
          losses since its inception and the State of Nevada does not have an income
          tax.
 
 As
          of
          June 30, 2007, the Company had federal net operating loss carryforwards
          of
          approximately $40,000, which can be used to offset future federal income
          tax.  The federal and state net operating loss carryforwards expire at
          various dates through 2027.  Deferred tax assets resulting from the
          net operating losses are reduced by a valuation allowance, when, in the
          opinion
          of management, utilization is not reasonably assured.
 
 Federal
                    net operating (@ 15%)
                
                $
                6,0006,000Less:
                    valuation allowance
                
                
                (6,000
                )$
                -
  **7.**
                      **SUBSEQUENT
                          EVENT**
  On
                July
                23, 2007, the Company issued 200,000 shares of its common stock to
                unrelated
                investors for cash of $20,000 pursuant to the Company’s Registration Statement
                on Form SB-2.
 13
  **Item
        2.  Plan of Operation**
 
 **This
        following information specifies certain forward-looking statements of management
        of the company. Forward-looking statements are statements that estimate the
        happening of future events and are not based on historical fact. Forward-looking
        statements may be identified by the use of forward-looking terminology, such
        as
“may”, “shall”, “could”, “expect”, “estimate”, “anticipate”, “predict”,
“probable”, “possible”, “should”, “continue”, or similar terms, variations of
        those terms or the negative of those terms. The forward-looking statements
        specified in the following information have been compiled by our management
        on
        the basis of assumptions made by management and considered by management
        to be
        reasonable. Our future operating results, however, are impossible to predict
        and
        no representation, guaranty, or warranty is to be inferred from those
        forward-looking statements.**
 
 **The
        assumptions used for purposes of the forward-looking statements specified
        in the
        following information represent estimates of future events and are subject
        to
        uncertainty as to possible changes in economic, legislative, industry, and
        other
        circumstances. As a result, the identification and interpretation of data
        and
        other information and their use in developing and selecting assumptions from
        and
        among reasonable alternatives require the exercise of judgment. To the extent
        that the assumed events do not occur, the outcome may vary substantially
        from
        anticipated or projected results, and, accordingly, no opinion is expressed
        on
        the achievability of those forward-looking statements. We cannot guaranty
        that
        any of the assumptions relating to the forward-looking statements specified
        in
        the following information are accurate, and we assume no obligation to update
        any such forward-looking statements.**
 
 **Critical
        Accounting Policy and Estimates.**Our Management’s Discussion and
        Analysis of Financial Condition and Results of Operations section discusses
        our
        financial statements, which have been prepared in accordance with accounting
        principles generally accepted in the United States of America. The preparation
        of these financial statements requires management to make estimates and
        assumptions that affect the reported amounts of assets and liabilities at
        the
        date of the financial statements and the reported amounts of revenues and
        expenses during the reporting period. On an on-going basis, management evaluates
        its estimates and judgments, including those related to revenue recognition,
        accrued expenses, financing operations, and contingencies and litigation.
        Management bases its estimates and judgments on historical experience and
        on
        various other factors that are believed to be reasonable under the
        circumstances, the results of which form the basis for making judgments about
        the carrying value of assets and liabilities that are not readily apparent
        from
        other sources. Actual results may differ from these estimates under different
        assumptions or conditions. The most significant accounting estimates inherent
        in
        the preparation of our financial statements include estimates as to the
        appropriate carrying value of certain assets and liabilities which are not
        readily apparent from other sources.
 
 The
        following discussion of our financial condition and results of operations
        should
        be read in conjunction with our audited financial statements for the period
        from
        October 31, 2006 (inception) to December 31, 2006, together with notes thereto
        as previously filed with our Registration Statement on Form SB-2.  In
        addition, these accounting policies are described at relevant sections in
        this
        discussion and analysis and in the notes to the financial statements included
        in
        our Quarterly Report on Form 10-QSB for the period ended June 30,
        2007.
 
 We
        are a
        full service video production and media relations company that specializes
        in
        providing customized video production services, public relations services
        and
        copy editing services to businesses.  We believe that, based on our
        management’s experience, that we will be able to understand our clients’ needs
        and tailor video production services, public relations services and copy
        editing
        services to satisfy our clients’ business requirements. We intend to market our
        services in the Las Vegas area by means of personal contacts of our management
        as well as targeting businesses that visit Las Vegas for various industry
        conventions. As Las Vegas hosts several large conventions throughout the
        year,
        we believe those conventions provide a large population of potential clients
        who
        need that services that we offer.
  14
  **Liquidity
        and Capital Resources.**We had cash of $42,126 as of June 30, 2007,
        which equals our total current assets as of that date. Our total assets of $44,110as ofJune 30, 2007, included our
        current assets of$42,126, andproperty
        andequipment
        of $1,984, net of $123accumulated depreciation.
 
 Our
        current liabilities were $47,123 as of June 30, 2007, which was represented
        by
        accounts payable of $25,123 and a loan of $22,000 from Gary Prager, our officer,
        principal shareholder and one of our directors.  The note bears
        interest at 8% and is due upon demand, no later than December 28,
        2007.  Mr. Prager advanced those funds to us for working
        capital.  We had no other liabilities and no long term commitments or
        contingencies as of June 30, 2007.
 
 In
        November 2006, we sold 2,000,000 shares of our common stock to Brittany Prager
        and 2,000,000 shares of our common stock to Gary Prager, who were our founders
        and were our officers and directors at inception. These shares were issued
        in
        exchange for cash of $4,000.
 
 We
        filed
        a Registration Statement on Form SB-2 to sell 4,000,000 shares of our common
        stock at a purchase price of $0.10 per share in a direct public offering.
        The
        Registration Statement on Form SB-2 became effective in March 2007. On June
        30,
        2007, we issued 315,500 shares of our common stock to unrelated investors
        for
        cash of $31,550 pursuant to our Registration Statement on Form SB-2. On July
        23,
        2007, we issued 200,000 shares of our common stock to unrelated investors
        for
        cash of $20,000 pursuant to our Registration Statement on Form SB-2. We intend
        to use those proceeds for working capital as well as to begin marketing our
        services.
 
 During
        2007, we expect that the legal and accounting costs of becoming a public
        company
        will continue to impact our liquidity and we may need to obtain funds to
        pay
        those expenses. Other than the anticipated increases in legal and accounting
        costs due to the reporting requirements of becoming a reporting company,
        we are
        not aware of any other known trends, events or uncertainties, which may affect
        our future liquidity.
 
 **Results
        of Operations.**
 
 **For
        the three months ended June 30, 2007.**
 
 **Revenues.**
        We had no revenues for the three months ended June 30, 2007.  We hope
        to generate revenues as we continue operations and implement our business
        plan.
 
 **Operating
        Expenses.**For the three months ended June 30, 2007, our total operating
        expenses were $15,660. Our total operating expenses is attributed to
        professional fees, which is attributed to the increased legal expenses and
        accounting expenses related to becoming a public company. We expect that
        we will
        continue to incur significant legal and accounting expenses related to being
        a
        public company. For the three months ended June 30, 2007, we had legal and
        professional expenses of $14,602, and other general and administrative expenses
        of $1,058.
 
 **Net
        Income or Loss.**For the three months ended June 30, 2007,
        our net operating loss was $15,660 and our net loss was $15,660 after our
        interest expense of $440 and a provision for income taxes of $0.  We
        expect to continue to incur net losses for the foreseeable future and until
        we
        generate significant revenues.
 
 **For
        the six months ended June 30, 2007.**
 
 **Revenues.**
        We had revenues of $403 for the six months ended June 30, 2007.  We
        hope to generate revenues as we continue operations and implement our business
        plan.
 
 **Operating
        Expenses.**For the six months ended June 30, 2007, our total operating
        expenses were $28,672. Our total operating expenses is attributed to
        professional fees, which is attributed to the increased legal expenses and
        accounting expenses related to becoming a public company. We expect that
        we will
        continue to incur significant legal and accounting expenses related to being
        a
        public company. For the six months ended June 30, 2007, we had legal and
        professional expenses of $26,176, and other general and administrative expenses
        of $2,496.
  15
  **Net
        Income or Loss.**For the six months ended June 30, 2007, our
        net operating loss was $28,269 and our net loss was $29,149 after our interest
        expense of $880 and a provision for income taxes of $0.  We expect to
        continue to incur net losses for the foreseeable future and until we generate
        significant revenues.
 
 **Our
        Plan of Operation for the Next Twelve Months.**  To effectuate
        our business plan during the next twelve months, we have raised $51,550 pursuant
        to our Registration Statement on Form SB-2. We intend to use some of those
        proceeds to begin to market and promote our services as well as conduct market
        research. We intend to pursue accounts by researching and contacting small
        to
        medium size companies that participate in the Las Vegas conventions. We are
        developing sales and marketing materials including brochures describing the
        services that we provide so that we can provide a professional appearance
        to
        potential clients.
 
 During
        the next three to six months, our primary objective is to begin obtaining
        clients so that we generate revenues to support our operations. During the next six to twelve
        months,
        we hope to expand our operations and service several accounts. We believe
        that the size of our operations may vary depending on the amount of funds
        raised, since we believe that the size of our operations will increase because
        we will be able to increase our marketing activities. If we do not raise
        adequate funds, we may not be able to market our services.  We will
        need to raise additional capital to fund all of our proposed business activities
        and fully implement our business plans. We may need to spend more funds on
        marketing and promotion than we have initially estimated. Our failure to
        market
        and promote our services will hinder our ability to increase the size of
        our
        operations and generate additional revenues. If we are not able to generate
        additional revenues that cover our estimated operating costs, our business
        may
        ultimately fail.
 
 We
        have
        cash and cash equivalents of $42,126 as of June 30, 2007. In the opinion
        of
        management, available funds will not satisfy our working capital requirements
        to
        operate at our current level of activity for the next twelve months. Our
        forecast for the period for which our financial resources will be adequate
        to
        support our operations involves risks and uncertainties and actual results
        could
        fail as a result of a number of factors. In order to implement our business
        plan
        in the manner we envision, we will need to raise additional capital in addition
        to the funds that we recently raised.  We cannot guaranty that we will
        be able to raise additional funds. Moreover, in the event that we can raise
        additional funds, we cannot guaranty that additional funding will be available
        on favorable terms. In the event that we experience a shortfall in our capital,
        we hope that our officers, directors and principal shareholders will contribute
        funds to pay for our expenses to achieve our objectives over the next twelve
        months.
 
 We
        are
        not currently conducting any research and development activities.  We
        do not anticipate conducting such activities in the near future. In the event
        that we expand our customer base, then we may need to hire additional employees
        or independent contractors as well as purchase or lease additional equipment.
        Our management believes that we do not require the services of independent
        contractors to operate at our current level of activity.  However, if
        our level of operations increases beyond the level that our current staff
        can
        provide, then we may need to supplement our staff in this manner.
 
 Because
        we have limited operations and
        assets, we may be considered ashell company as defined in Rule 12b-2 of
        the Securities Exchange Act of 1934. Accordingly, we have checked the box
        on the
        cover page of this report that specifies we are a shell company.
 
 **Off-Balance
        Sheet Arrangements.**We have no off-balance sheet
        arrangements.
 
 **Item
        3. Controls and Procedures**
 
 (a)
        Evaluation of disclosure controls and procedures. We maintain controls and
        procedures designed to ensure that information required to be disclosed in
        the
        reports that we file or submit under the Securities Exchange Act of 1934
        is
        recorded, processed, summarized and reported within the time periods specified
        in the rules and forms of the Securities and Exchange Commission. Based upon
        their evaluation of those controls and procedures performed as of June 30,
        2007,
        the date of this report, our chief executive officer and the principal financial
        officer concluded that our disclosure controls and procedures were
        effective.
 
 (b)
        Changes in internal controls. There were no significant changes in our internal
        controls or in other factors that could significantly affect these controls
        subsequent to the date of the evaluation of those controls by the chief
        executive officer and principal financial officer.
  16
  **PART
        II — OTHER INFORMATION**
 
  **Item
        1. Legal Proceedings.**
 
 None.
 
 **Item
        2. Unregistered Sales of Equity Securities and Use of
        Proceeds.**
 
 None.
 
 **Item
        3.  Defaults Upon Senior Securities**
 
 None.
 
 **Item
        4.  Submission of Matters to Vote of Security
        Holders**
 
 None.
 
 **Item
        5.  Other Information**
 
 None.
 
 **Item
        6.  Exhibits**
  31.
        Rule 13a-14(a)/15d-14(a) Certifications.
 32.
        Section 1350 Certifications.
  17
 
 **SIGNATURES**
 
 In
        accordance with the requirements of the Securities Exchange Act of 1934,
        the
        registrant caused this report to be signed on its behalf by the undersigned,
        thereunto duly authorized.
  **BLS
                  Media, Inc.,**
                **a
                  Nevada corporation**Date:
                  August 13,
                  2007
              By:
              /s/ Brittany
                PragerBrittany
                PragerPrincipal Executive
                Officer,President,
                Secretary, and a
                Director
  Date:
                  August 13,
                  2007
              By:
              /s/ Gary
                PragerGary
                PragerPrincipal Accounting
                  Officer,Chief
                Financial Officer






18