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

                           FORM 10-QSB

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

     FOR THE QUARTERLY PERIOD ENDED:  September 30, 2007

                               OR

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

               COMMISSION FILE NUMBER:  333-83125

                   FIRST GROWTH INVESTORS, INC.
     (Exact name of registrant as specified in its charter)

           NEVADA                                     87-0569467
     (State or other jurisdiction                 (I.R.S. Employer
     of incorporation or organization)            Identification No.)

        2508 South 1300 East, Salt Lake City, Utah 84106
            (Address of principal executive offices)

                         (801) 466-7808
      (Registrant's telephone number, including area code)


     (Former name, former address and former fiscal year, if changed since
last report)

Check whether the issuer (1) has filed all reports required to be filed by
Section 13 or 15(d) of the Securities Exchange Act of 1934 during the
preceding 12 months (or for such shorter period that the registrant was
required to file such report(s), and (2) has been subject to such filing
requirements for the past 90 days.           YES [X] NO [  ]

Indicate by check mark whether the registrant is a shell company (as defined
in Rule 12b-2 of the Exchange Act).          YES [X] NO [  ]

The number of $.001 par value common shares outstanding at September 30, 2007:
2,000,000

<PAGE>

                FORWARD-LOOKING STATEMENT NOTICE

     When used in this report, the words "may," "will," "expect,"
"anticipate," continue," "estimate," "project," "intend," and similar
expressions are intended to identify forward-looking statements regarding
events, conditions, and financial trends that may affect the Company's future
plans of operations, business strategy, operating results, and financial
position. Persons reviewing this report are cautioned that any forward-looking
statements are not guarantees of future performance and are subject to risks
and uncertainties and that actual results may differ materially from those
included within the forward-looking statements as a result of various factors.
Such factors include general economic factors and conditions that may directly
or indirectly impact the Company's financial condition or results of
operations. Readers are cautioned not to place undue reliance on these
forward-looking statements that speak only as of the date the statement was
made.



                 PART I - FINANCIAL INFORMATION


ITEM 1.   FINANCIAL STATEMENTS

     See attached.


The balance of this page is intentionally left blank.




<PAGE>









                       FIRST GROWTH INVESTORS, INC.
                       [A Development Stage Company]

                 UNAUDITED CONDENSED FINANCIAL STATEMENTS

                            SEPTEMBER 30, 2007
















<PAGE>








                       FIRST GROWTH INVESTORS, INC.
                       [A Development Stage Company]




                                 CONTENTS

                                                                  PAGE

        -    Unaudited Condensed Balance Sheet,
            September 30, 2007                                     2


        -    Unaudited Condensed Statements of Operations,
            for the three and nine months ended September
            30, 2007 and 2006 and from inception on
            September 9, 1997 through September 30, 2007           3


        -    Unaudited Condensed Statements of Cash Flows,
            for the nine months ended September 30, 2007
            and 2006 and from inception on September 9,
            1997 through September 30, 2007                        4


        -   Notes to Unaudited Condensed Financial Statements    5 - 7





<PAGE>


                       FIRST GROWTH INVESTORS, INC.
                       [A Development Stage Company]

                     UNAUDITED CONDENSED BALANCE SHEET


                                  ASSETS

                                                     September 30,
                                                          2007
                                                      ___________
CURRENT ASSETS:
  Cash                                                 $        -
                                                      ___________
        Total Current Assets                                    -
                                                      ___________
                                                       $        -
                                                      ___________

              LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)


CURRENT LIABILITIES:
  Accounts payable                                     $      825

                                                      ___________
        Total Current Liabilities                             825
                                                      ___________

STOCKHOLDERS' EQUITY (DEFICIT):
  Preferred stock, $.001 par value,
   1,000,000 shares authorized,
   no shares issued and outstanding                             -
  Common stock, $.001 par value,
   24,000,000 shares authorized,
   2,000,000 shares issued and
   outstanding                                              2,000
  Capital in excess of par value                           99,138
  Deficit accumulated during the
    development stage                                    (101,963)
                                                      ___________
        Total Stockholders' Equity (Deficit)                 (825)
                                                      ___________
                                                      $         -
                                                      ___________







 The accompanying notes are an integral part of these unaudited condensed
                           financial statements.

                                   -2-
<PAGE>

                       FIRST GROWTH INVESTORS, INC.
                       [A Development Stage Company]

               UNAUDITED CONDENSED STATEMENTS OF OPERATIONS

                                                                    From
                                                                 Inception on
                             For the Three       For the Nine    September 9,
                             Months Ended        Months Ended        1997
                             September 30,       September 30,     Through
                           __________________  __________________September 30,
                              2007     2006      2007      2006      2007
                           ________  ________  ________  ________  _________
REVENUE                     $    -   $     -   $     -   $     -   $      -

EXPENSES:
  General and
   administrative            2,450     2,475     8,039     7,575     38,034
                           ________  ________  ________  ________  _________
LOSS BEFORE OTHER INCOME
 (EXPENSE)                  (2,450)   (2,475)   (8,039)   (7,575)   (38,034)

OTHER INCOME (EXPENSE):
  Interest Expense            (186)     (142)     (319)     (246)    (8,673)
                           ________  ________  ________  ________  _________
LOSS BEFORE INCOME TAXES    (2,636)   (2,617)   (8,358)   (7,821)   (46,707)

CURRENT TAX EXPENSE              -         -         -         -          -

DEFERRED TAX EXPENSE             -         -         -         -          -
                           ________  ________  ________  ________  _________
LOSS FROM CONTINUING
OPERATIONS                  (2,636)   (2,617)   (8,358)   (7,821)   (46,707)
                           ________  ________  ________  ________  _________
DISCONTINUED OPERATIONS:
  Loss from operations
   of discontinued
   wine investment
   business (net
   of $0 in income taxes)        -         -         -         -    (54,506)
                           ________  ________  ________  ________  _________
LOSS FROM DISCONTINUED
OPERATIONS                       -         -         -         -    (54,506)
                           ________  ________  ________  ________  _________
CUMULATIVE EFFECT OF CHANGE
 IN ACCOUNTING PRINCIPLE         -         -         -         -       (750)
                           ________  ________  ________  ________  _________
NET LOSS                   $(2,636)  $(2,617)  $(8,358)  $(7,821)  $(101,963)
                           ________  ________  ________  ________  _________
LOSS PER COMMON SHARE:
  Continuing operations       (.00)     (.00)     (.00)     (.00)
  Discontinued operations        -         -         -         -
  Gain (loss) on
   disposal of
   discontinued
   operations                    -         -         -         -
  Cumulative effect of
   change in
   accounting principle          -         -         -         -
                            ________  _______  ________  _________
  Net Loss Per Common Share $  (.00)   $(.00)  $  (.00)  $  (.00)
                            ________  _______  ________  _________

 The accompanying notes are an integral part of these unaudited condensed
                           financial statements.

                                   -3-
<PAGE>

                       FIRST GROWTH INVESTORS, INC.
                       [A Development Stage Company]

               UNAUDITED CONDENSED STATEMENTS OF CASH FLOWS
                                                                   From
                                                                Inception on
                                        For the Nine Months     September 9,
                                        Ended September 30,     1997 Through
                                          ___________________   September 30,
                                             2007      2006         2007
                                          _________  ________   ____________
Cash Flows from Operating Activities:
 Net loss                                 $ (8,358)  $(7,821)   $(101,963)
 Adjustments to reconcile net
   loss to net cash used by
   operating activities:
  Non-cash interest
   expense - related party                     319       246        7,490
  Amortization expense                           -         -          250
  Effect of change
   in accounting principle                       -         -          750
  Changes in assets and liabilities:
     (Decrease) Increase
       in accounts payable                    (400)     (995)         825
                                          _________  ________   ____________
        Net Cash (Used) by
         Operating Activities               (8,439)   (8,570)     (92,648)
                                          _________  ________   ____________

Cash Flows from Investing Activities:
 Payment of organization costs                   -         -       (1,000)
                                          _________  ________   ____________
        Net Cash (Used) by
         Investing Activities                    -         -       (1,000)
                                          _________  ________   ____________

Cash Flows from Financing Activities:
 Proceeds from related party advances        8,439     8,570       44,286
 Proceeds from common stock issuance             -         -       55,050
 Stock offering costs                            -         -       (5,688)
 Proceeds from short-term loan and advance       -         -       27,350
 Payments on short-term loan and advance         -         -      (27,350)
                                          _________  ________   ____________
     Net Cash Provided by
      Financing Activities                   8,439     8,570       93,648
                                          _________  ________   ____________

Net Increase (Decrease) in Cash                  -         -            -

Cash at Beginning of Period                      -         -            -
                                          _________  ________   ____________

Cash at End of Period                      $     -   $     -    $       -
                                          _________  ________   ____________

Supplemental Disclosures of Cash Flow Information:
  Cash paid during the periods for:
    Interest                               $     -   $     -    $     994
    Income taxes                           $     -   $     -    $   1,905

Supplemental Schedule of Non-cash Investing and Financing Activities:

  For the nine months ended September 30, 2007:
     In September 2007, related parties forgave advances totaling $8,439
     and accrued interest of $319

  For the nine months ended September 30, 2006:
     None



 The accompanying notes are an integral part of these unaudited condensed
                           financial statements.

                                     -4-
<PAGE>

                       FIRST GROWTH INVESTORS, INC.
                       [A Development Stage Company]

             NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

  Organization - First Growth Investors, Inc. ("the Company") was  organized
  under  the laws of the State of Nevada on September 9, 1997.  The  Company
  previously  bought  and  sold investments in wine  and  champagne  but  is
  currently seeking other potential business opportunities.  The Company has
  not  generated significant revenues and is considered a development  stage
  company as defined in Statement of Financial Accounting Standards  No.  7.
  The  Company  has,  at the present time, not paid any  dividends  and  any
  dividends  that may be paid in the future will depend upon  the  financial
  requirements of the Company and other relevant factors.

  Condensed  Financial  Statements - The accompanying  financial  statements
  have  been  prepared  by the Company without audit.   In  the  opinion  of
  management,   all   adjustments  (which  include  only  normal   recurring
  adjustments)  necessary to present fairly the financial position,  results
  of  operations and cash flows at September 30, 2007 and 2006 and  for  the
  periods then ended have been made.

  Certain   information  and  footnote  disclosures  normally  included   in
  financial  statements  prepared in accordance with  accounting  principles
  generally accepted in the United States of America have been condensed  or
  omitted.   It  is suggested that these condensed financial  statements  be
  read  in  conjunction  with  the financial statements  and  notes  thereto
  included  in the Company's December 31, 2006 audited financial statements.
  The  results  of operations for the periods ended September 30,  2007  and
  2006  are not necessarily indicative of the operating results for the full
  year.

NOTE 2 - GOING CONCERN

  The  accompanying  financial statements have been prepared  in  conformity
  with  accounting  principles generally accepted in the  United  States  of
  America, which contemplate continuation of the Company as a going concern.
  However,  the  Company  has incurred losses since  inception  and  has  no
  ongoing  operations.   Further, the Company  has  current  liabilities  in
  excess of current assets.  These factors raise substantial doubt about the
  ability  of  the Company to continue as a going concern.  In this  regard,
  management  is  proposing  to  raise any necessary  additional  funds  not
  provided  by operations through loans or through additional sales  of  its
  common  stock.  There is no assurance that the Company will be  successful
  in  raising this additional capital or in achieving profitable operations.
  The  financial statements do not include any adjustments that might result
  from the outcome of these uncertainties.

NOTE 3 - RELATED PARTY TRANSACTIONS

  Advance from Shareholder - As of September 30, 2007, a shareholder of  the
  Company  has  made advances totaling $8,439 to the Company.  The  advances
  bear  interest  at 10% per annum and are due on demand. At  September  30,
  2007, the shareholder forgave all advances and accrued interest expense of
  $319.  Due  to  the related party nature of debt the Company recorded  the
  forgiveness as a contribution to capital.

                                     -5-
<PAGE>



                       FIRST GROWTH INVESTORS, INC.
                       [A Development Stage Company]

             NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

NOTE 4 - LOSS PER SHARE

  The  following data show the amounts used in computing loss per share  for
  the periods presented:

                             For the Three        For the Nine
                             Months Ended         Months Ended
                             September 30,        September 30,
                         ____________________  ____________________
                            2007       2006       2007      2006
                         _________  _________  _________  _________
  Income (loss)
  from continuing
  operations (numerator) $ (2,936)  $ (2,617)  $ (8,358)  $ (7,821)

  Income (loss)
  from discontinued
  operations (numerator)        -          -          -          -

  Income (loss)
  from cumulative
  effect of change in
  accounting
  principle                     -          -          -          -
                         _________  _________  _________  _________
  Income (loss)
  available to
  common shareholders
  (numerator)            $ (2,936)  $ (2,617)  $ (8,358)  $ (7,821)
                         _________  _________  _________  _________

  Weighted average
  number of common
  shares outstanding
  used in loss per
  share for the
  period
 (denominator)           2,000,000  2,000,000  2,000,000  2,000,000
                         _________  _________  _________  _________


  Dilutive  loss per share was not presented, as the Company had  no  common
  equivalent  shares  for  all  periods  presented  that  would  affect  the
  computation of diluted loss per share.

NOTE 5 - SUBSEQUENT EVENT

  On  November 6, 2007, First Growth Investors, Inc., a Nevada corporation
  (the  "Company"),  entered into a Stock Purchase Agreement  (the  "Stock
  Purchase Agreement"), with Halter Financial Investments, L.P.,  a  Texas
  limited partnership ("Purchaser"), pursuant to which the Company  agreed
  to  sell  Purchaser  14,000,000 unregistered  shares  of  the  Company's
  common stock for $425,000.  The Stock Purchase Agreement requires, as  a
  condition  to  closing, the election and appointment of  the  person  or
  persons  designated  by Purchaser as the new officers  and  director  or
  directors of the Company;

  The  Stock  Purchase  Agreement also requires  the  Company's  Board  of
  Directors to declare and pay a special cash dividend of $0.21 per  share
  to  the current shareholders of the Company and that the Purchaser  will
  not  participate  in  such dividend.  The proposed   dividend  will   be
  payable to shareholders of  record  at  the

                                 -6-
<PAGE>

                       FIRST GROWTH INVESTORS, INC.
                       [A Development Stage Company]

             NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

NOTE 5 - SUBSEQUENT EVENT - CONTINUED

  close  of business on November 25, 2007, with a payment date on November
  19,  2007,  which  is subsequent to the date the required  payment  from
  Purchaser  under  the Stock Purchase Agreement has been  received.   The
  dividend will be payable to the Company's current shareholders who  hold
  2,000,000  shares  of  its common stock which will  result  in  a  total
  dividend   distribution  of  $420,000.   The  Stock  Purchase  Agreement
  contains   covenants  that  require  Purchaser,  in  its   capacity   as
  controlling shareholder of the Company following closing, to agree  that
  it  will  not  approve any additional reverse stock splits  without  the
  prior  consent  of  a majority of the members of the  Company's  current
  Board   of  Directors  as  representatives  of  the  Company's   current
  shareholders,  that it will ensure that the Company does  not  authorize
  the  issuance  of  any additional shares of common stock  or  securities
  convertible  into shares of common stock except for up  to  a  10  to  1
  reverse  split  in  connection  with a combination  transaction  with  a
  corporation   with   current  business  operations  (a   "Going   Public
  Transaction"), and that it will not allow the Company to  enter  into  a
  Going  Public Transaction unless the Company, on a combined  basis  with
  the   operating   entity  with  which  it  completes  a   Going   Public
  Transaction,  satisfies  the financial conditions  for  listing  on  the
  NASADAQ  Stock  Market immediately following the closing  of  the  Going
  Public  Transaction.  The Stock Purchase Agreement  also  grants  demand
  and  "piggy  back" registration rights to Purchaser and, to  the  extent
  required,  to  the  current holders of the Company's  restricted  common
  stock.

  After  giving  effect  to  the  stock sale,  the  Purchaser  would  hold
  14,000,000  shares or 87.5% of the 16,000,000 shares  of  the  Company's
  common  stock to be outstanding following the completion of such action.
  As  such,  the  Stock  Purchase Agreement will result  in  a  change  of
  control  of  the Company and, following consummation of the transactions
  contemplated  by  the Stock Purchase Agreement, the  Purchaser  will  be
  able  to elect directors and control the policies and practices  of  the
  Company.    The Stock Purchase Agreement will not result in  any  change
  in  the  status of the Company as a shell company and the  Company  will
  continue  its  search  for  business opportunities  for  acquisition  or
  participation by the Company.

                                   -7-
<PAGE>

ITEM 2:  MANAGEMENT'S DISCUSSION & ANALYSIS OR PLAN OF OPERATIONS

     First Growth Investors, Inc. (the "Company") was incorporated under the
laws of the State of Nevada on September 9, 1997.  In connection with the
organization, the founders contributed $5,050 cash to initially capitalize
First Growth Investors in exchange for 1,750,000 shares of common stock.  On
October 15, 1997, First Growth Investors commenced a public offering of up to
250,000 shares of its common stock, in reliance upon Rule 504 of Regulation D,
promulgated by the U.S. Securities & Exchange Commission (the "Commission")
under the Securities Act of 1933.  The offering closed in November, 1997.  The
Company sold 250,000 shares of common stock, at $.20 per share, and raised
gross proceeds of $50,000 increasing the total issued and outstanding common
stock to 2,000,000 shares.  The Company then registered a public offering of
its securities.  First Growth Investors declared a distribution of 1,000,000
common stock purchase warrants to shareholders of record as of September 30,
1999.  The Company filed with the Securities and Exchange Commission a
registration statement on Form SB-2, Commission File No. 333-83125, which
became effective October 8, 1999.  The Company then became subject to the
information requirements of the Securities Exchange Act of 1934. Accordingly,
the Company files Annual, Quarterly and other reports and information with the
Commission. Pursuant to the registration statement, the Company then
distributed 1,000,000 warrants.  The warrants were exercisable at $1.00 per
share, on or before June 30, 2002. The warrants have now expired, and no
securities were ever sold pursuant to the offering.

PLAN OF OPERATIONS.

     First Growth Investors was formed to engage in the business of wine
investing. Because this business was not successful, operations were
discontinued as of December 31, 2003. The Company had no operations or revenue
during the last two fiscal years. Due to this, the Company realized a net
loss. The Company does not expect to generate any meaningful revenue or incur
operating expenses, except for administrative, legal, professional, accounting
and auditing costs associated with the filing requirements of a public
reporting company, unless and until it acquires an interest in an operating
company.  The Company does not have sufficient cash to meet its operational
needs for the next twelve months. Management's plan of operation for the next
twelve months is to attempt to raise additional capital through loans from
related parties, debt financing, equity financing or a combination of
financing options. Currently, there are no understandings, commitments or
agreements for such an infusion of capital and no assurances to that effect.
Unless the Company can obtain additional financing, its ability to continue as
a going concern during the next twelve-month period is doubtful. The Company's
need for capital may change dramatically if and during that period, it
acquires an interest in a business opportunity.  The Company's current
operating plan is to (i) handle the administrative and reporting requirements
of a public company, and (ii) search for potential businesses, products,
technologies and companies for acquisition without regard to any specific
business or industry. At present, the Company has no understandings,
commitments or agreements with respect to the acquisition of any business
venture, and there can be no assurance that the Company will identify a
business venture suitable for acquisition in the future. Further, there can be
no assurance that the Company would be successful in consummating any
acquisition on favorable terms or that it will be able to profitably manage
any business venture it acquires.

<PAGE>

     On November 6, 2007, First Growth Investors, Inc., a Nevada corporation
(the "Company"), entered into a Stock Purchase Agreement (the "Stock Purchase
Agreement"), with Halter Financial Investments, L.P., a Texas limited
partnership ("Purchaser"), pursuant to which the Company agreed to sell
Purchaser 14,000,000 unregistered shares of the Company's common stock for
$425,000.  The Stock Purchase Agreement requires, as a condition to closing,
the election and appointment of the person or persons designated by Purchaser
as the new officers and director or directors of the Company;

     The Stock Purchase Agreement also requires the Company's Board of Directors
to declare and pay a special cash dividend of $0.21 per share to the current
shareholders of the Company and that the Purchaser will not participate in such
dividend. The proposed dividend will be payable to shareholders of record at the
close of business on November 15, 2007, with a payment date on November 19,
2007, which is subsequent to the date the required payment from Purchaser under
the Stock Purchase Agreement has been received. The dividend will be payable to
the Company's current shareholders who hold 2,000,000 shares of its common stock
which will result in a total dividend distribution of $420,000.

     The accompanying financial statements have been prepared in conformity
with accounting principles generally accepted in the United States of America,
which contemplate continuation of the Company as a going concern. However, the
Company has incurred losses, has not established profitable operations and has
current liabilities in excess of current assets. These factors raise
substantial doubt about the ability of the Company to continue as a going
concern. In this regard, management is proposing to raise any necessary
additional funds not provided by operations through loans and/or through
additional sales of its common stock.  This may require additional advances
from stockholders to pay accounting and legal fees associated with its
filings. There is no assurance that the Company will be successful in raising
this additional capital or in achieving profitable operations. The financial
statements do not include any adjustments that might result from the outcome
of these uncertainties.

ITEM 3. CONTROLS AND PROCEDURES.

     The issuer's principal executive officer or officers and principal
financial officer or officers, or persons performing similar functions, are
responsible for establishing and maintaining disclosure controls and
procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e) and
internal control over financial reporting (as defined in Exchange Act Rules
13a-15(f) and 15d-15(f)) for the issuer and have:

     designed such disclosure controls and procedures, or caused such
disclosure controls and procedures to be designed under their supervision,  to
ensure that material information relating to the issuer, including its
consolidated subsidiaries, is made known to them by others within those
entities, particularly during the period in which the periodic reports are
being prepared;

     designed such internal control over financial reporting, or caused such
internal control over financial reporting to be designed under their
supervision, to provide reasonable assurance regarding the reliability of
financial reporting and the preparation of financial statements for external
purposes in accordance with generally accepted accounting principles;

<PAGE>

     Evaluated the effectiveness of the issuer's disclosure controls and
procedures as of the end of the fiscal quarter (the "Evaluation Date").

     Based on their evaluation as of the Evaluation Date, their conclusions
about the effectiveness of the disclosure controls and procedures were that
nothing indicated:

     Any significant deficiencies in the design or operation of internal
controls which could adversely affect the issuer's ability to record, process,
summarize and report financial data;

     Any fraud, whether or not material, that involves management or other
employees who have a significant role in the issuer's internal controls; or

     Any material weaknesses in internal controls that have been or should be
identified for the issuer's auditors and disclosed to the issuer's auditors
and the audit committee of the board of directors (or persons fulfilling the
equivalent function).

     Changes in internal control over financial reporting. There was no
significant change in the issuer's internal control over financial reporting
that occurred during the most recent fiscal quarter that has materially
affected, or is reasonably likely to materially affect, the issuer's internal
control over financial reporting.

                   PART II - OTHER INFORMATION

ITEM 1.  LEGAL PROCEEDINGS

     The Company is not a party to any material pending legal proceedings. No
such action is contemplated by the Company nor, to the best of its knowledge,
has any action been threatened against the Company.

ITEM 2.  SALES OF UNREGISTERED EQUITY SECURITIES AND USE OF PROCEEDS

(a)  During the period covered by this report, there were no equity
securities of the issuer, sold by the issuer, that were not registered under
the Securities Act. Subsequent to the end of the quarter, the Company entered
into a Stock Purchase Agreement with Halter Financial Investments, L.P., a
Texas limited partnership. A report on Form 8-K was timely filed, dated
November 6, 2007, to disclose entry into a material definitive agreement.

(b)  During the period covered by this report, there were no securities that
the issuer sold by registering the securities under the Securities Act.

(c)  During the period covered by this report, there was no repurchase made
of equity securities registered pursuant to section 12 of the Exchange Act.
None of the issuer's securities is registered pursuant to section 12 of the
Exchange Act.

<PAGE>


ITEM 3.  DEFAULTS UPON SENIOR SECURITIES

     There has not been any material default in the payment of principal,
interest, a sinking or purchase fund installment, or any other material
default not cured within 30 days, with respect to any indebtedness of the
issuer exceeding 5 percent of the total assets of the issuer.

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

     No matter has been submitted to a vote of security holders during the
period covered by this report, through the solicitation of proxies or
otherwise.

ITEM 5.  OTHER INFORMATION

     No reports on Form 8-K were required or filed during the period covered
by this report. Subsequent to the end of the quarter, the Company entered into
a Stock Purchase Agreement with Halter Financial Investments, L.P., a Texas
limited partnership. A report on Form 8-K was timely filed, dated November 6,
2007, to disclose entry into a material definitive agreement.

ITEM 6.  EXHIBITS.

     Exhibit Index - Exhibits required by Item 601 of Regulation S-B.

     (31) Certifications required by Rules 13a-14(a) or 15d-14(a).

     (32) Section 1350 Certifications


<PAGE>

                           SIGNATURES

In accordance with the requirements of the Exchange Act, the registrant caused
this report to be signed on its behalf by the undersigned, thereunto duly
authorized.


                              FIRST GROWTH INVESTORS, INC.



Date: November 12, 2007            by:  /s/Pam Jowett
                              Pam Jowett, President & Director