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

                             FORM 10-QSB/A

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

     FOR THE QUARTERLY PERIOD ENDED:  September 30, 2006

                                  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, 2006:
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.



                    PART I - FINANCIAL INFORMATION


ITEM 1.   FINANCIAL STATEMENTS

     See attached.


<PAGE>











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

                 UNAUDITED CONDENSED FINANCIAL STATEMENTS

                            SEPTEMBER 30, 2006




















<PAGE>




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




                                 CONTENTS

                                                              PAGE

        -  Unaudited Condensed Balance Sheet,
            September 30, 2006                                  2


        -  Unaudited Condensed Statements of Operations,
            for the three and nine months ended September
            30, 2006 and 2005 and from inception on
            September 9, 1997 through September 30, 2006        3


        -  Unaudited Condensed Statements of Cash Flows,
            for the nine months ended September 30, 2006
             and 2005 and from inception on September 9,
             1997 through September 30, 2006                    4


        -  Notes to Unaudited Condensed Financial Statements  5 - 6




<PAGE>


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

                    UNAUDITED CONDENSED BALANCE SHEET


                                  ASSETS

                                                     September 30,
                                                          2006
                                                      ___________
CURRENT ASSETS:
  Cash                                                 $        -
                                                      ___________
        Total Current Assets                                    -
                                                      ___________
                                                       $        -
                                                      ___________

              LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)


CURRENT LIABILITIES:
  Accounts payable                                     $       50
  Accounts payable - related party                            525
  Accrued interest - related party                            246
  Advances from related party                               8,045
                                                      ___________
        Total Current Liabilities                           8,866
                                                      ___________

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                           80,972
  Deficit accumulated during the
   development stage                                     (91,838)
                                                      ___________
        Total Stockholders'
	  Equity (Deficit)                                (8,866)
                                                      ___________
                                                      $        -
                                                      ___________







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
                              For the Three       For the Nine        on
                              Months Ended        Months Ended    September 9,
                              September 30,       September 30,  1997, Through
                           __________________  _________________ September 30,
                             2006       2005     2006      2005       2006
                           _______   ________  _______  ________  _________
REVENUE                    $    -    $     -   $    -   $     -   $      -

EXPENSES:
  General and
   administrative           2,475      1,570    7,575     5,721     28,445
                           _______   ________  _______  ________  _________
LOSS BEFORE OTHER
 INCOME (EXPENSE)          (2,475)    (1,570)  (7,575)   (5,721)   (28,445)

OTHER INCOME (EXPENSE):
  Interest Expense           (142)      (114)    (246)     (174)    (8,137)
                           _______   ________  _______  ________  _________


LOSS BEFORE INCOME TAXES   (2,617)    (1,684)  (7,821)   (5,895)   (36,582)

CURRENT TAX EXPENSE             -          -        -         -          -

DEFERRED TAX EXPENSE            -          -        -         -          -
                           _______   ________  _______  ________  _________


LOSS FROM CONTINUING
  OPERATIONS               (2,617)    (1,684)  (7,821)   (5,895)   (36,582)
                           _______   ________  _______  ________  _________


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                  $(2,617)   $(1,684) $(7,821)  $(5,895)  $(91,838)
                           _______   ________  _______  ________  _________


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
					  For the Nine Months      on
                                          Ended September 30,   September 9,
                                          ___________________  1997 Through
                                            2006       2005    September 30,
                                                                  2006
                                        _________  _________   __________
Cash Flows from Operating Activities:
 Net loss                               $ (7,821)  $ (5,895)   $ (91,838)
 Adjustments to reconcile net
   loss to net cash used by
   operating activities:
  Amortization expense                         -          -          250
  Effect of change in accounting principle     -          -          750
  Changes in assets and liabilities
   Increase in accrued interest
     - related party                         246        174        6,954
   (Decrease) Increase in accounts payable  (995)    (1,820)          50

                                         _________  _________   __________
        Net Cash (Used) by
         Operating Activities             (8,570)    (7,541)     (83,834)
                                         _________  _________   __________

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      8,570      6,138       35,472
 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                 8,570      6,138       84,834
                                         _________  _________   __________

Net Increase (Decrease) in Cash                -     (1,403)           -

Cash at Beginning of Period                    -      1,403            -
                                         _________  _________   __________

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, 2006:
     None

  For the nine months ended September 30, 2005:
     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, 2006 and 2005 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, 2005 audited financial statements.
  The  results  of operations for the periods ended September 30,  2006  and
  2005  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 September 30, 2006,   a  shareholder  of  the
  Company had  advanced  a  total  of  $8,570  to the Company.  The advances
  are due on demand and  bear interest  at  10% per annum.  Interest expense
  for  the  nine  months  ended September 30, 2006 and 2005 amounted to $246
  and $174, respectively.

  At  December 31, 2005 a shareholder of the Company had loaned a  total  of
  $16,450 to the Company.  At December 31, 2005 the shareholder forgave  all
  the advances and accrued interest.  Due to the related party nature of the
  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,
                    ________________________________________________
                        2006         2005        2006        2005
                    ___________   __________  __________  __________
  Income (loss)
  from continuing
  operations
  (numerator)         $ (2,617)    $ (1,684)  $ (7,821)    $ (5,895)

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

  Income (loss)
  from cumulative
  effect of change
  in accounting
  principle                  -            -          -            -
                    ___________   __________  __________  __________

  Income (loss)
  available to
  common Shareholders
  (numerator)         $ (2,617)  $   (1,684)  $ (7,821)    $ (5,895)
                    ___________   __________  __________  __________

  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, 2005, indebtedness of the
Company to certain shareholders in the amount of $6,937 was forgiven and
contributed to capital.

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;

     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.

<PAGE>

                     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.

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: November 14, 2006            by:      /s/ Pam Jowett
                                   Pam Jowett, President & Director