**UNITED      STATES SECURITIES AND EXCHANGE COMMISSION**

**Washington,      D.C. 20549**

**FORM      10-KSB/A**

**(Amendment      No. 1)**

| o | ANNUAL                REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF                1934 |
|---|--------------------------------------------------------------------------------------------------------------|

**December      31, 2007**

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

**000-51929**

**ESCO,      INC.**

| **Nevada**                                                                                           |   | **20-3750479**                                      |
|------------------------------------------------------------------------------------------------------|--------|-----------------------------------------------------|
| (State                or other jurisdiction of incorporation or organization)                        |   | (I.R.S.                Employer Identification No.) |
|                                                                                                 |   |                                                |
| **10330                Regency Parkway Dr.****Suite                100****Omaha,                NE** |   | **07701**                                           |
| (Address                of principal executive offices)                                              |   | (Zip                Code)                           |

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**DOCUMENTS      INCORPORATED BY REFERENCE:**

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**EXPLANATORY      NOTE**

| **TABLE                OF CONTENTS**  |                                              |
|--------------------------------------------|--------------------------------------------------------|
|                                  | **Page(s)**                                       |
| **PART                II**                 |                                              |
|                                       |                                                   |   |
| **Item                8A(T).**             | Controls                and Procedures                 |   |
|                                       |                                                   |
| **PART                III**           |                                              |
|                                       |                                                   |   |
| **Item                13.**                | Exhibits,                Financial Statement Schedules |   |
|                                       |                                                   |

| **Signatures**  |
|----------------------|

| **Certifications**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |    |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |         |   |
|                                        Exhibit                (31.1) - Section 302 Certification - Principal Executive Officer                                                       Exhibit                (31.2) - Section 302 Certification - Principal Financial Officer |    |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |

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**PART      II**

**ITEM      8A(T).  CONTROLS AND PROCEDURES.**

*Management’s      Report on Internal Control Over Financial Reporting*

*Internal      Control - Integrated Framework, *

*Changes      in Internal Control Over Financial Reporting*

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**PART      III**

|                                                                      |   |                                                                                                                                |
|---------------------------------------------------------------------------|--------|-------------------------------------------------------------------------------------------------------------------------------------|
| **Item                13. Exhibits, Financial Statement Schedules**  |
|                                                                      |   |                                                                                                                                |
| (31.1)                                                                    |   | Certification                Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 - Principal                Executive Officer |
|                                                                      |   |                                                                                                                                |
| (31.2)                                                                    |   | Certification                Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 - Principal                Financial Officer |

**ITEM      8B. OTHER INFORMATION**

**ITEM      13.  EXHIBITS AND REPORTS ON FORM 8-K**

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| Exhibit |   | Description                                                                                                                                                                                                                                                                                                                   |
|---------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| *3.1    |   | Articles                of Incorporation                                                                                                                                                                                                                                                                                      |
|    |   |                                                                                                                                                                                                                                                                                                                          |
| *3.2    |   | By-Laws                                                                                                                                                                                                                                                                                                                       |
|    |   |                                                                                                                                                                                                                                                                                                                          |
| 31.1    |   | Certification                of the Company’s Principal Executive Officer and Principal Financial                Officer pursuant to Section 302 of Sarbanes Oxley Act of 2002, with                respect to the registrant’s Annual Report on Form 10-KSB for the year                ended December 31, 2007. |
|    |   |                                                                                                                                                                                                                                                                                                                          |
| 32.1    |   | Certification                of the Company’s Principal Executive Officer and Principal Financial                Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to                Section                906 of the Sarbanes Oxley Act of                2002.                                         |

| * | Previously                filed as part of our form 10-SB registration statement filed pursuant                to                the Securities Exchange Act of 1934 (the “Exchange                Act”). |
|---|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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**SIGNATURES**

|                                  |                                                                                           |                                     |
|---------------------------------------|------------------------------------------------------------------------------------------------|------------------------------------------|
|                                  | **ESCO,                INC.**                                                                  |
|                             |                                                                                      |                                |
| Dated:                October 6, 2008 | By:                                                                                  | /s/ William                T. Foley |
|                                  | William                T. Foley,                                                               |
|                                  | (Principal                Executive Officer)(Principal                Financial Officer)  |

| Signature                              | Title    | Date                             |
|----------------------------------------|----------|----------------------------------|
| /s/                  Virgil K. Johnson | Director | October                  6, 2008 |

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