**U.S.      SECURITIES AND EXCHANGE COMMISSION**

**FORM      10-QSB**

| x | QUARTERLY                REPORT UNDER SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF                1934 |
|---|-----------------------------------------------------------------------------------------------------------------|

**For      the quarterly period ended March 31, 2007**

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

**Commission      file number **
**333-141191      **

**PRO      FINANCIAL HOLDINGS, INC.**

**(Exact      Name of Small Business Issuer as Specified in Its Charter)**

| Florida                                              | 20-4625845                             |
|------------------------------------------------------|----------------------------------------|
| **(State                or Other Jurisdiction**      | **(I.R.S.                Employer**    |
| **of                Incorporation or Organization)** | **Identification                No.)** |

| 536                North Monroe Street, Tallahassee, Florida | 32301                         |
|--------------------------------------------------------------|-------------------------------|
| **(Address                of Principal Executive Offices)**  | **(Zip                Code)** |

**Registrant’s      Telephone Number, Including Area Code**

**Former      Name, Former Address and Former Fiscal Year, if Changed Since Last      Report.**

----

**PRO      FINANCIAL HOLDINGS, INC. **

|                                                                                                                                                                                | **Page** |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------|
|                                                                                                                                                                                |     |
| **Part                I. FINANCIAL INFORMATION**                                                                                                                               |     |
|                                                                                                                                                                                |     |
| **Item                1. Financial Statements**                                                                                                                                |     |
|                                                                                                                                                                                |     |
| Balance                Sheets at March 31, 2007 (Unaudited) and at December 31,                2006                                                                                 | 2        |
|                                                                                                                                                                                |     |
| Statements                of Operations (Unaudited) Three months ended March 31, 2007 and                2006                                                                       | 3        |
|                                                                                                                                                                                |     |
| Statements                of Stockholders’ Equity (Unaudited) -                                                                                                               |     |
| Three                months ended March 31, 2007 and 2006                                                                                                                           | 4        |
|                                                                                                                                                                                |     |
| Statements                of Cash Flows (Unaudited) Three months ended March 31, 2007 and                2006                                                                       | 5        |
|                                                                                                                                                                                |     |
| Notes                to Condensed Consolidated Financial Statements (Unaudited)                                                                                                     | 6-7      |
|                                                                                                                                                                                |     |
| Review                by Independent Registered Public Accounting Firm                                                                                                              | 8        |
|                                                                                                                                                                                |     |
| Report                of Independent Registered Public Accounting Firm                                                                                                              | 9        |
|                                                                                                                                                                                |     |
| **Item                2. Management’s Discussion and Analysis**                                                                                                          | 10       |
|                                                                                                                                                                                |     |
| **Item                3. Controls and Procedures**                                                                                                                                  | 11       |
|                                                                                                                                                                                |     |
| **Part                II. OTHER INFORMATION**                                                                                                                                  |     |
|                                                                                                                                                                                |     |
| **Item                1.** **Legal                Proceedings**                                                                                                                | 11       |
|                                                                                                                                                                                |     |
| **Item                2.** **Unregistered                Sales of Equity Securities, Use of Proceeds and Issuer Purchases                of Equity                Securities** | 11       |
|                                                                                                                                                                                |     |
| **Item                3.** **Defaults                upon Senior Securities**                                                                                                  | 11       |
|                                                                                                                                                                                |     |
| **Item                4.** **Submission                of Matters to a Vote of Security Holders**                                                                              | 11       |
|                                                                                                                                                                                |     |
| **Item                5.** **Other                Information**                                                                                                                | 11       |
|                                                                                                                                                                                |     |
| **Item                6. Exhibits**                                                                                                                                                 | 12       |
|                                                                                                                                                                                |     |
| **SIGNATURES**                                                                                                                                                                      | 13       |

----

**PRO      FINANCIAL HOLDINGS, INC. **

**Part      I. FINANCIAL INFORMATION**

**Item      1. Financial Statements**

**Condensed      Consolidated Balance Sheets**

|                                                              |   | **At**                       |     | **At**                          |   |
|-------------------------------------------------------------------|--------|------------------------------|----------|---------------------------------|--------|
|                                                              |   | **March                31,** |     | **December                31,** |   |
|                                                              |   | **2007**                     |     | **2006**                        |   |
|                                                              |   |                         |     | **(unaudited)**                 |   |
| **Assets:**                                                       |   |                         |     |                            |   |
| Cash                                                              |   | $                            | 314,500  |                            | $      | 31,138 |   |
| Investments                                                       |   |                         | 325,000  |                            |   | 325,000 |   |
| Furniture                and equipment                            |   |                         | 43,481   |                            |   | 17,626 |   |
| Other                assets                                       |   |                         | 8,557    |                            |   | 8,839 |   |
|                                                              |   | $                            | 691,538  |                            | $      | 382,603 |   |
|                                                              |   |                         |     |                            |   |   |   |
| **Liabilities:**                                                  |   |                         |     |                            |   |   |   |
| Accounts                payable                                   |   |                         | 1,325    |                            |   | 1,810 |   |
| Accrued                expenses                                   |   |                         | -        |                            |   | 9,697 |   |
| Notes                payable                                      |   |                         | 605,950  |                            |   | 508,208 |   |
|                                                              |   |                         | 607,275  |                            |   | 519,715 |   |
|                                                              |   |                         |     |                            |   |   |   |
| Stockholders                equity/deficit:                       |   |                         |     |                            |   |   |   |
| Preferred                stock; par value $0.01:                  |   |                         |     |                            |   |   |   |
| Authorized:                1,000,000 shares                       |   |                         |     |                            |   |   |   |
| Issued                and outstanding: 1,000                      |   |                         | 450,000  |                            |   | 100,000 |   |
| Common                stock; $.01 par value:                      |   |                         |     |                            |   |   |   |
| Authorized:                9,000,000 shares                       |   |                         |     |                            |   |   |   |
| Issued                and outstanding: none issued or outstanding |   |                         | -        |                            |   | - |   |
| Accumulated                deficit                                |   |                         | (365,737 | )                               |   | (237,112 | ) |
| Total                equity                                       |   |                         | 84,263   |                            |   | (237,112 | ) |
| **Total                Liabilities & Equity**                 |   | $                            | 691,538  |                            | $      | 382,603 |   |

----

**PRO      FINANCIAL HOLDINGS, INC. AND SUBSIDARY**

**Statements      of Operations (Unaudited)**

|                                   |   | **Three                Months Ended** |    |
|----------------------------------------|--------|---------------------------------------|---------|
|                                   |   | **March                31,**          |    |
|                                   |   | **2007**                              |    | **2006** |   |
|                                   |   |                                  |    |   |   |
| Organizational                expenses |   | $                                     | 128,625 |   |   | * |   |
|                                   |   |                                  |    |   |   |   |   |
| Net                loss                |   | $                                     | 128,625 |   |   | * |   |

----

**PRO      FINANCIAL HOLDINGS, INC. **

**Statements      of Changes in Stockholders’ Equity (Unaudited)**

**Three      Months Ended March 31, 2007 and Period from **

**March      29, 2006 (Date of Incorporation) to December 31, 2006 **

|                                                                                |   | PreferredStock |    | AccumulatedDeficit |   | TotalStockholders’Equity |   |
|-------------------------------------------------------------------------------------|--------|----------------|---------|--------------------|--------|--------------------------------|--------|
| Issuance                  of preferred stock                                        |   | $              | 100,000 |               |   |                           |   | $ | $                  100,000 |   |
| Net                  loss accumulated during the Development                  state |   |           |    |               |   | (237,112                       | )      |   | (237,112 | ) |
| Balance,                  December 31, 2006                                         |   | $              | 100,000 |               | $      | (237,112                       | )      | $ | (137,112 | ) |
| Net                  Loss                                                           |   |           |    |               |   | (128,625                       | )      |   | (110,625 | ) |
| Issuance                  of preferred stock                                        |   |           | 350,000 |               |   | -                              |   |   | 350,000 |   |
| Balance,                  March 31, 2007                                            |   | $              | 450,000 |               | $      | (365,737                       | )      | $ | 84,263 |   |

----

**PRO      FINANCIAL HOLDINGS, INC. **

**Condensed      Consolidated Statements of Cash Flows (Unaudited)**

|                                                               |   | **Three                Months Ended** |     |      |   |
|--------------------------------------------------------------------|--------|---------------------------------------|----------|-----------|--------|
|                                                               |   | **March                31,**          |     |      |   |
|                                                               |   | **2007**                              |     | **2006*** |   |
| Cash                flows used in organizational activities during |   |                                  |     |      |   |
| the                development stage:                              |   |                                  |     |      |   |
| Net                loss                                            |   | $                                     | (128,625 | )         | $      | - |   |
| Decrease                in other assets                            |   |                                  | 202      |      |   | - |   |
| Decrease                in accrued expenses                        |   |                                  | (9,697   | )         |   | - |   |
| Decrease                in accounts payable                        |   |                                  | (485     | )         |   | - |   |
| Cash                flows used in organizational activities during |   |                                  |     |      |   |   |   |
| the                current period                                  |   |                                  | (138,525 | )         |   | - |   |
|                                                               |   |                                  |     |      |   |   |   |
| Cash                flows used in investing activities:            |   |                                  |     |      |   |   |   |
| Purchase                of furniture and equipment                 |   |                                  | (25,855  | )         |   | - |   |
|                                                               |   |                                  |     |      |   |   |   |
| Cash                flows used in investing activities             |   |                                  | (25,855  | )         |   | - |   |
|                                                               |   |                                  |     |      |   |   |   |
| Cash                flows from financing activities:               |   |                                  |     |      |   |   |   |
| Notes                payable                                       |   |                                  | 100,000  |      |   | - |   |
| Principal                reduction of notes payable                |   |                                  | (2,258   | )         |   | - |   |
| Issuance                of preferred stock                         |   |                                  | 350,000  |      |   | - |   |
| Cash                flows provided by financing activities         |   |                                  | 447,742  |      |   | - |   |
| Net                increase in cash                                |   |                                  | 283,362  |      |   | - |   |
| Cash                at beginning of period                         |   |                                  | 31,138   |      |   | - |   |
| Cash                at end of period                               |   | $                                     | 314,500  |      | $      | - |   |

----

**PRO      FINANCIAL HOLDINGS, INC. **

**Notes      to Condensed Consolidated Financial Statements (Unaudited)**

| **1.** | **BASIS                OF PRESENTATION** |
|--------|------------------------------------------|

| **2.** | **INVESTMENTS** |
|--------|-----------------|

| **3.** |   | **NOTES                PAYABLE** |
|--------|--------|----------------------------------|

| **4.** |   | **CAPITAL                STOCK** |
|--------|--------|----------------------------------|

*Common      Stock*

----

**PRO      FINANCIAL HOLDINGS, INC. **

**Notes      to Condensed Consolidated Financial Statements (Unaudited)**

*Preferred      Stock*

**5.**
**INCOME      TAXES**

----

**PRO      FINANCIAL HOLDINGS, INC. **

**Review      by Independent Registered Public Accounting Firm**

----

**Report      of Independent Registered Public Accounting Firm**

----

**Item      2.**
**Management’s      Discussion And Analysis Of Financial**
**Condition      And Results Of Operations**

----

**PRO      FINANCIAL HOLDINGS, INC.**

**Item      3. Controls and Procedures**

|   | a. |   | Evaluation                of disclosure controls and procedures.                The Company maintains controls and procedures designed to ensure                that                information required to be disclosed in the reports that the Company                files                or submits 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.                As                required by Rule 13a-15(b) under the Exchange Act, our Chief Executive                Officer who is also our Chief Financial Officer carried out an evaluation                of the effectiveness of the design and operation of our disclosure                controls and procedures as of the end of the period covered by this                report. The Company’s Chief Executive Officer has concluded that the                Company’s disclosure controls and procedures, as of March 31, 2007 were                effective. |
|--------|----|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | b. |  | Changes                in internal controls.                The Company made no changes in its internal control over financial                reporting that occurred during the Company’s last fiscal quarter that has                materially affected, or which is reasonably likely to materially                affect                the Company’s internal control over financial                reporting. |
|--------|----|--|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**PART      II - OTHER INFORMATION**

**Item      1.**
**Legal      Proceedings**

**Item      2.**
**Unregistered      Sales of Equity Securities, Use of Proceeds and Issuer Purchases of Equity      Securities**

**Item      3.**
**Defaults      upon Senior Securities**

**Item      4. Submission of Matters to a Vote of Security Holders**

**Item      5.**
**Other      Information**

----

**PRO      FINANCIAL HOLDINGS, INC. **

**Item      6.**
**Exhibits**

| **Exhibit                  No.** |   | **Description                  of Exhibit**                                                                                                                                                          |
|----------------------------------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                             |   |                                                                                                                                                                                                 |
| 3.1                              |   | (a)    Articles                  of                  Incorporation                                                                                                               |
| 3.2                              |   | (a)    Bylaws                                                                                                                                                                    |
| 4.1                              |   | (a)    Specimen                  Common Stock Certificate                                                                                                                        |
| 4.2                              |   | (a)    Form                  of                  Warrant Plan                                                                                                                    |
| 4.3                              |   | (a)    Specimen                  Warrant Certificate                                                                                                                             |
| 10.1                             |   | (a)    Form                  of                  Employment Agreement with B. Bryan Robinson                                                                                     |
| 10.2                             |   | (a)    Form                  of 2007                  Employee Stock Option Plan                                                                                                 |
| 10.3                             |   | (a)    Form                  of 2007                  Director Stock Option Plan                                                                                                 |
| 10.4                             |   | (a)    Copy                  of Main                  Office Lease                                                                                                               |
| 31.1                             |   |  Certification                  Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 - President                  and                   Principal                  Accounting Officer |
| 32.1                             |   |  Certification                  Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 - President                  and                   Principal                  Accounting Officer |

----

**PRO      FINANCIAL HOLDINGS, INC. **

**SIGNATURES**

|         |                                                   |                                         |
|--------------|--------------------------------------------------------|----------------------------------------------|
|         | PRO              FINANCIAL              HOLDINGS, INC. |
|    |                                              |                                    |
|              | By:                                          | /s/ *B.              Bryan Robinson*    |
|         | Name:                                             | B.              Bryan Robinson President and |
|         |                                                   | Principal Accounting              Officer    |

----