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:  June 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 June 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.

<PAGE>











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

                 UNAUDITED CONDENSED FINANCIAL STATEMENTS

                               JUNE 30, 2007





















<PAGE>



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




                                 CONTENTS

                                                          PAGE

        -    Unaudited Condensed Balance Sheet,
            June 30, 2007                                    2


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


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


        -    Notes to Unaudited Condensed Financial
            Statements                                   5 - 6




<PAGE>


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

                     UNAUDITED CONDENSED BALANCE SHEET


                                  ASSETS

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

              LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)


CURRENT LIABILITIES:
  Accrued interest - related party                    $       133
Advances from related party                                 6,814
                                                      ___________
        Total Current Liabilities                           6,947
                                                      ___________

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                           90,380
  Deficit accumulated during the
    development stage                                     (99,327)
                                                      ___________
        Total Stockholders' Equity (Deficit)               (6,947)
                                                      ___________
                                                      $         -
                                                      ___________







 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

                             For the Three      For the Six    From Inception
                              Months Ended      Months Ended   on September 9,
                                June 30,          June 30,     1997, Through
                           _________________ _________________    June 30,
                             2007     2006     2007     2006        2007
                           ________ ________ ________ ________ ______________
REVENUE                    $      - $      - $      - $      - $            -

EXPENSES:
  General and
    administrative            1,664    1,860    5,589    5,100         35,584
                           ________ ________ ________ ________ ______________
LOSS BEFORE OTHER INCOME
 (EXPENSE)                  (1,664)  (1,860)  (5,589)  (5,100)       (35,584)

OTHER INCOME (EXPENSE):
  Interest Expense            (108)     (83)    (133)    (104)        (8,487)
                           ________ ________ ________ ________ ______________
LOSS BEFORE INCOME TAXES    (1,772)  (1,943)  (5,722)  (5,204)       (44,071)

CURRENT TAX EXPENSE               -        -        -        -              -

DEFERRED TAX EXPENSE              -        -        -        -              -
                           ________ ________ ________ ________ ______________
LOSS FROM CONTINUING
OPERATIONS                  (1,772)  (1,943)  (5,722)  (5,204)       (44,071)
                           ________ ________ ________ ________ ______________
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                   $(1,772) $(1,943) $(5,722) $(5,204) $     (99,327)
                           ________ ________ ________ ________ ______________
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

                                        For the Six Months    From Inception
                                          Ended June 30,      on September 9,
                                      ______________________   1997 Through
                                         2007        2006      June 30, 2007
                                      __________  __________  ______________
Cash Flows from Operating Activities:
 Net loss                             $   (5,722) $   (5,204) $      (99,327)
 Adjustments to reconcile net loss
   to net cash used by operating
   activities:
  Non-cash interest expense -
   related party                             133         104           7,304
  Amortization expense                         -           -             250
  Effect of change in accounting
   principle                                   -           -             750
  Changes in assets and liabilities:
     (Decrease) Increase in accounts
       payable                            (1,225)        240               -
     Increase in accounts payable -
       related party                           -         525               -

                                      __________  __________  ______________
        Net Cash (Used) by
          Operating Activities            (6,814)     (4,335)        (91,023)
                                      __________  __________  ______________

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 advances from
   shareholders                            6,814       4,335          42,661
 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                6,814       4,335          92,023
                                      __________  __________  ______________

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 six months ended June 30, 2007:
     None

  For the six months ended June 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 June 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 June 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

  Related  Party Loans - At June 30, 2007, a shareholder of the Company  had
  advanced a total of $6,814 to the Company.  The advances are due on demand
  and  bear interest at 10% per annum.  Interest expense for the six  months
  ended June 30, 2007 and 2006 amounted to $133 and $104, respectively.

                                    - 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 Six
                                    Months Ended            Months Ended
                                      June 30,                June 30,
                               ______________________  ______________________
                                  2007        2006        2007        2006
                               __________  __________  __________  __________
  Income (loss) from continuing
    operations (numerator)     $  (1,772)  $  (1,943)  $  (5,722)  $  (5,204)
  Income (loss) from
    discontinued operations
    (numerator)                         -           -           -           -
  Income (loss) from cumulative
    effect of change in
    accounting principle                -           -           -           -
                               __________  __________  __________  __________
  Income (loss) available to
    common shareholders
    (numerator)                $  (1,772)  $  (1,943)  $  (5,722)  $  (5,204)
                               __________  __________  __________  __________

  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.

                                    - 6 -

<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>

     There is no written agreement with respect to any potential business
acquisition. If any suitable potential business acquisition is located and
completed, it will in all likelihood involve a change in management and
shareholder control of the company. At December 31, 2006, indebtedness of the
Company to certain shareholders in the amount of $9,408 was forgiven and
contributed to capital.

     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;

     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;

<PAGE>

     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.

     (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

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.

<PAGE>

ITEM 5.  OTHER INFORMATION

     None.

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: August 3, 2007               by:      /s/ Pam Jowett
                                   Pam Jowett, President & Director