U.S. SECURITIES AND EXCHANGE COMMISSION
                          Washington, D.C. 20549



                               FORM 10-QSB




           QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
                        SECURITIES EXCHANGE ACT OF 1934



                For the quarterly period ended March 31, 2005


                       Commission File Number: 2-98395-NY


                          National Superstars, Inc.
        ----------------------------------------------------------------
        (Exact name of small business issuer as specified in its charter)


         Nevada                                    93-0848208
----------------------------             ---------------------------------
(State of other jurisdiction of          (IRS Employer Identification No.)
 incorporation or organization)


                 444 Park Forest Way, Wellington, FL  33414
          ----------------------------------------------------------
          (Address of principal executive offices including zip code)


                             (561) 798-4294
                        --------------------------
                        (Issuer's telephone number)



Check whether the issuer (1) filed all reports required to be filed by Section
13 or 15(d) of the Exchange Act during the preceding 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.

                            Yes X             No___


As of May 16, 2005, the Registrant had 59,980,000 shares of common stock,
$.005 par value per share, outstanding.

Transitional Small Business Disclosure Format (check one): Yes__    No X



                                    INDEX

                                                            Page
                                                           Number

Part I.       Financial Information

     Item 1.  Financial Statements

              Balance Sheets as of March 31, 2005
              (unaudited) and September 30, 2004              3

              Statements of Operations, Three Months
              Ended March 31, 2005 and 2004 (unaudited)       4

              Statements of Operations, Six Months
              Ended March 31, 2005 and 2004 (unaudited)       5

              Statements of Cash Flows, Six Months
              Ended March 31, 2005 and 2004 (unaudited)       6

              Notes to Financial Statements                   7

     Item 2.  Management's Discussion and Analysis of
              Financial Conditions and Results of
              Operations                                      9

Part II.  Other Information                                  10

Signatures                                                   11





























                                     2



                         NATIONAL SUPERSTARS, INC.
                       (A Development Stage Company)
                              BALANCE SHEETS

                                 ASSETS

                                                 March 31,     September 30,
                                                    2005            2004
                                                 (Unaudited)    (See Note 1)
                                                ------------     -----------

Current Assets
     Cash                                               404           3,054
                                                -----------      ----------
  Total Assets                                  $       404      $    3,054
                                                ===========      ==========



                  LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)

Current Liabilities
     Accounts payable, related party                  2,724               -
                                                -----------      ----------
  Total Current Liabilities                           2,724               -
                                                -----------      ----------

Stockholders' Equity (Deficit):
Common Stock, $.005 par value,
     75,000,000 shares authorized
     59,980,000 shares issued and
     outstanding                                    299,900         299,900
Additional paid-in capital                          141,136         141,136
Accumulated (deficit)                              (282,069)       (282,069)
Accumulated (deficit) during development stage     (161,287)       (155,913)
                                                -----------      ----------
Total Stockholders' Equity (Deficit)                 (2,320)          3,054
                                                -----------      ----------
Total Liabilities and Stockholders'
 Equity (Deficit)                               $       404      $    3,054
                                                ===========      ==========














The accompanying notes are an integral part of the financial statements.

                                     3



                           NATIONAL SUPERSTARS, INC.
                         (A Development Stage Company)
                           STATEMENTS OF OPERATIONS
                                 (Unaudited)

                                              Three Months Ended
                                           March 31,      March 31,
                                             2005           2004
                                         ------------   -----------


Revenues                                 $          -   $         -
                                         ------------   -----------

Expenses
   Accounting and auditing                      1,700         1,150
   Professional fees                              521         5,182
   Other                                          150           150
                                         ------------   -----------
                                                2,371         6,482
                                         ------------   -----------
Net (Loss)                               $     (2,371)       (6,482)
                                         ------------   -----------

Per Share                                $        nil   $       nil
                                         ============   ===========

Weighted Average Number of Shares
 Outstanding                               59,980,000    58,186,668
                                         ============   ===========






















The accompanying notes are an integral part of the financial statements.

                                    4






                           NATIONAL SUPERSTARS, INC.
                         (A Development Stage Company)
                           STATEMENTS OF OPERATIONS
                                  (Unaudited)

                                                              For the Period
                                                               From July 1,
                                        Six Months Ended       2003 through
                                    March 31,      March 31,     March 31,
                                      2005           2004          2005
                                 -------------   ------------ ---------------


Revenues                          $          -   $         -   $         -
                                  ------------   -----------   -----------

Expenses
   Stock issued for services                 -             -       128,967
   Accounting and auditing               4,490         8,490        21,674
   Professional fees                       536        10,870         8,553
   Other                                   348           274         2,093
                                  ------------   -----------   -----------
                                         5,374        19,634       161,287
                                  ------------   -----------   -----------
Net (Loss)                        $     (5,374)      (19,634)     (161,287)
                                  ------------   -----------   -----------

Per Share                         $        nil   $       nil   $       nil
                                  ============   ===========   ===========

Weighted Average Number of Shares
 Outstanding                        59,980,000    58,186,668    59,083,334
                                  ============   ===========   ===========




















The accompanying notes are an integral part of the financial statements.

                                    5






                           NATIONAL SUPERSTARS, INC.
                        (A Development Stage Company)
                           STATEMENTS OF CASH FLOWS
                                (Unaudited)

                                                              For the Period
                                                                From July 1,
                                       Six Months Ended         2003 through
                                    March 31,     March 31,       March 31,
                                      2005           2004           2005
                                  ------------- ------------  ---------------

Cash Flows from Operating
 Activities:
  Net (loss)                       $   (5,374)  $   (19,634)   $   (161,287)
  Adjustment to reconcile net
   (loss) to net cash provided
    by operating activities:
     Increase in accounts
      payable                           2,724           150           2,724
     Stock issued for services              -             -         128,967
                                   ----------    ----------     -----------
Net Cash (Used in) Operating
 Activities                            (2,650)      (19,484)        (29,596)
                                   ----------    ----------     -----------

Cash Flows from Investing
 Activities                                 -             -               -
                                   ----------    ----------     -----------
Cash Flows from Financing
 Activities
   Stock issued                             -             -          30,000
                                   ----------    ----------     -----------
Net Cash Provided by Investing
 Activities                                 -             -          30,000
                                   ----------    ----------     -----------


Increase (Decrease) in Cash            (2,650)      (19,484)            404

Cash, Beginning of Period               3,054        26,126               -
                                   ----------    ----------     -----------
Cash, End of Period                $      404    $    6,642     $       404
                                   ==========    ==========     ===========
Interest Paid                      $        -    $        -     $         -
                                   ==========    ==========     ===========
Income Taxes Paid                  $        -    $        -     $         -
                                   ==========    ==========     ===========







The accompanying notes are an integral part of the financial statements.

                                    6



                            NATIONAL SUPERSTARS, INC.
                          (A Development Stage Company)
                          NOTES TO FINANCIAL STATEMENTS
                            March 31, 2005 (Unaudited)


(1)  Unaudited Financial Statements

The balance sheet as of March 31, 2005, the statements of operations for the
three month and six month periods ended March 31, 2005 and 2004 and the
statements of cash flows for the six month periods ended March 31, 2005 and
2004, have been prepared by National Superstars, Inc. (Company) without audit,
pursuant to the rules and regulations of the Securities and Exchange
Commission.  Certain information and footnote disclosures, normally included
in the financial statements prepared in accordance with accounting principles
generally accepted in the United States of America, have been condensed or
omitted as allowed by such rules and regulations, and the Company believes
that the disclosures are adequate to make the information presented not
misleading.  In the opinion of management, all adjustments (which include only
normal recurring adjustments) necessary to present fairly the financial
position, results of operations and changes in financial position at March 31,
2005 and for all periods presented, have been made.

It is suggested that these statements be read in conjunction with the
September 30, 2004 audited financial statements and the accompanying notes
included in the Company's Annual Report on Form 10-KSB, filed with the
Securities and Exchange Commission.

(2)  Basis of Presentation - Going Concern

The accompanying financial statements have been prepared in conformity with
generally accepted accounting principles in the United States of America,
which contemplates continuation of the Company as a going concern.  However,
the Company has limited working capital and no active business operations,
which raises substantial doubt about its ability to continue as a going
concern.

In view of these matters, realization of certain of the assets in the
accompanying balance sheet is dependent upon continued operations of the
Company, which in turn is dependent upon the Company's ability to meet its
financial requirements, raise additional capital, and the success of its
future operations.

Management has opted to resume the filing of Securities and Exchange
Commission (SEC) reporting documentation and then to seek a business
combination.  Management believes that this plan provides an opportunity for
the Company to continue as a going concern.

(3)  Agreement and Plan of Merger

On January 4, 2005, the Company entered into an Agreement and Plan of Merger
with MSO Holdings, Inc., a Delaware corporation ("Holdings"), for the purpose
of changing the registrant's domicile from Nevada to Delaware
(the"Reincorporation").

As a result of the Reincorporation :  (i) the Company will be merged with and
into Holdings, (ii) Holdings will survive the Reincorporation as the successor
in interest and the successor issuer of the Company, (iii) the Certificate of

                                    7



Incorporation of Holdings and the Bylaws of Holdings will survive the
Reincorporation and continue as the governing documents of the surviving
entity, and (iv) each share of the Company's common stock will represent and
become exchangeable for .005 shares of Holdings common stock, with each
certificate representing shares of the Company's common stock currently
outstanding thereafter representing such number of shares of the Company's
common stock set forth on such certificate multiplied by .005, rounded up to
the nearest 100 shares.

On January 4, 2005, the Company also entered into an Agreement and Plan of
Merger with MSO Medical, Inc., a Delaware corporation ("MSO"), Holdings and
NSPS Merger Sub, Inc., a Delaware corporation ("Merger Sub"), pursuant to
which MSO will merge with Merger Sub (the "Merger Agreement"). Merger Sub is a
newly created Delaware corporation, and wholly-owned subsidiary of Holdings,
formed solely for the purpose of effecting the merger contemplated by the
Merger Agreement (the "Merger").

As a result of the Merger, MSO will become a wholly-owned subsidiary of
Holdings.  As a result of the Reincorporation and immediately following the
closing of the Merger (the "Closing"), the shareholders of the Company will
own approximately 1.5% of the outstanding shares of capital stock of Holdings
(calculated on a fully diluted basis) and the stockholders of MSO will own
approximately 98.5% of the outstanding shares of capital stock of Holdings
(calculated on a fully diluted basis).

At the Closing, MSO will distribute $280,000 to be paid on a pro rata basis to
the shareholders of the Company who were shareholders of the Company on
January 5, 2005.  The Closing shall take place no later than May 31, 2005.
In connection with this transaction, MSO paid $50,000 directly to Pride, Inc.,
an entity controlled by certain directors and officers of the Company.   If
the closing does not take place on or before May 31, 2005, the $50,000 will
not be returned and the merger will not be consummated.

The Merger Agreement also provides that effective as of the Closing, the
current board of directors of the Company will resign and that the existing
board of directors of MSO shall be appointed by the outgoing board of
directors to fill the vacancies left on the Company's board of directors by
virtue of such resignations.

(4)  Accounts payable, related party

As of March 31, 2005, the Company owed $2,724 to a related party.















                                      8




                                    ITEM 2

                 MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL
                      CONDITION AND RESULTS OF OPERATIONS


Certain statements in this Management's Discussion and Analysis of Financial
Condition and Results of Operations which are not historical facts are
forward-looking statements such as statements relating to future operating
results, existing and expected competition, financing and refinancing sources
and availability and plans for future development or expansion activities and
capital expenditures.  Such forward-looking statements involve a number of
risks and uncertainties that may significantly affect our liquidity and
results in the future and, accordingly, actual results may differ materially
from those expressed in any forward-looking statements.  Such risks and
uncertainties include, but are not limited to, those related to effects of
competition, leverage and debt service financing and refinancing efforts,
general economic conditions, changes in laws and regulations, and risks
related to merger and acquisition activities.  The following discussion and
analysis should be read in conjunction with the financial statements and notes
thereto appearing elsewhere in this report.

Overview

The Company was incorporated as Valley Tech Industries, Inc. on October 6,
1983 under the laws of the State of Nevada, in order to evaluate, structure
and complete a merger with, or acquisition of, prospects consisting of private
companies, partnerships or sole proprietorships.  In 1986, the Company changed
its name to National Superstars, Inc.  The Company may seek to acquire a
controlling interest in such entities in contemplation of later completing an
acquisition.  The Company is not limited to any operation or geographic area
in seeking out opportunities.

Results of Operations

The Company generated no revenues during the quarter ended March 31, 2005, and
management does not anticipate any revenues until following the conclusion of
a merger or acquisition, if any, as contemplated by the Company's business
plan.

The Company has no capital.  The Company anticipates operational costs will be
limited until such time as significant evaluation work is undertaken regarding
prospective mergers or acquisitions.

At March 31, 2005, the Company had no material commitments for capital
expenditures.









                                     9






                         PART II. OTHER INFORMATION


Item 1.  Legal Proceedings

         None.

Item 2.  Changes in Securities

         None.

Item 3.  Defaults upon Senior Securities

         None.

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

         None.

Item 5.  Other Information

         None.

Item 6.  Exhibits and Reports on Form 8-K

         (a)  Exhibits.

         31.1   Certification of Chief Executive Officer      Filed herewith
                and Chief Financial Officer pursuant          electronically
                to Section 302 of the Sarbanes-Oxley
                Act of 2002

         31.2   Certification of Vice-President pursuant      Filed herewith
                to Section 302 of the Sarbanes-Oxley          electronically
                Act of 2002

         32.1   Certification of Chief Executive Officer      Filed herewith
                and Chief Financial Officer pursuant          electronically
                to 18 U.S.C. Section 1350

         32.2   Certification of Vice-President pursuant     Filed herewith
                to 18 U.S.C. Section 1350                    electronically

         (b)  Reports on Form 8-K.  None













                                     10





                                 SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange
Act of 1934, the Registrant has duly caused this quarterly report to be signed
on its behalf by the undersigned, thereunto duly authorized.

National Superstars, Inc.



/s/ Peter  Porath
Peter Porath, President,
Chief Executive Officer

Date:  May 16, 2005



/s/ Michael Schumacher
Michael Schumacher, Treasurer,
Secretary and Chief Financial Officer

Date:  May 16, 2005
































                                    11