10-Q
  Commission
        File Number:    0-9773
 
 TASA
        PRODUCTS LIMITED
 (Exact
        name of registrant as specified in it's charter)
 
 Washington
              
              91-1121874(State
                  or other Jurisdiction of incorporation or organization)
              
              (IRS
                  Employer ID No.)
 
 14508
        SE
        51st, Bellevue, WA  98006
 (Address
        and zip code of principal executive offices)
 
 Registrant's
        telephone number, including area code:  (425) 746-6761
 
 Indicate
        by check mark whether the
        registrant (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 reports),
        and
        (2) has been subject to such filing requirements for the past 90
        days.
 
 Yes:  x               No: 
        o
 
 DOCUMENTS
        INCORPORATED BY REFERENCE
 
 Form
        S-1,
        TASA Products Limited, Commission File No. 0-9773, but excluding the balance
        sheet of TASA Products Limited together with the report of independent certified
        public accountants, is incorporated by reference.
  
 Page
            1
 
 PART
        I -
        FINANCIAL INFORMATION
 
 Item
                  1:
              Financial
                  Statements
 
 See
        Appendix A
 
 Item
                  2:
              Management's
                  Discussion and Analysis of the Financial Condition and Results
                  of
                  Operations
 
 The
        partnership originally licensed the manufacturing and sale of its products
        to
        Communications Research Corporation, (CRC) a subsidiary of Energy Sciences
        Corporation, (ESC).  ESC and the Partnership entered Chapter 11
        bankruptcy proceedings on April 29, 1986.  On May 13, 1988, ESC's
        bankruptcy was dismissed and all remaining assets, primarily amounts owed
        to ESC
        by the partnerships and the rights to produce electronic products at CRC, were
        repossessed by the sole secured creditor of ESC, Mr. Thomas Murphy.  A
        new company was formed in September 1988, called LINC Technology Corporation.
        The company ownership was restructured recently and is now owned by Messrs.
        Maes
        and  Steffey in the amount of 41% each; the balance of 18% onwership
        is held by Mr. Murphy's heirs, Mr. Nichols, a founder, and by outside investors.
        Mr. Nichols resigned from LINC in August 1991, but remains a
        stockholder.  LINC has been initially privately financed with $49,000
        of cash to pursue a variety of opportunities in electronics and data
        communications.  LINC believes that a market remains for some of the
        partnerships' products.  Initial emphasis is on LCM and
        DOVE.  A license has been entered into between the partnership and
        LINC, similar in terms to that which existed with CRC, with the exception
        that
        in return for elimination of most of the debt owed by the partnerships to
        ESC,
        (and now, therefore, Mr. Murphy), and in recognition of the need to attract
        more
        capital for LINC, the royalty to be paid the partnerships is set at 5% of
        gross
        sales, (compared to the prior formula, ranging from 10% down to
        6%).  The new royalty is divided between partnerships in the case of
        joint ownership of rights, such as the case with DOVE, for
        example.  All royalties were deferred for three years from September
        1988 in order to allow LINC to build its working capital.  Starting in
        September 1991, royalties are 1% of gross sales for twelve months, 3% of
        gross
        sales for the next twelve months and 5% thereafter.
 
 In
        1995,
        a new royalty agreement was put into effect in order to reduce administrative
        expenses.  Under the new plan, no royalties will accrue to the
        partnership until a total of $300,000.00 of sales on products licensed to
        LINC
        Technology Corporation have been generated and collected.  At that
        point, a lump sum royalty payment of $15,000.00 will be paid to the patrnership
        group of TASA Products Limited (the Partnership), Energy Sciences Limited
        Partnership, Telemetric Controls Limited Partnership, and Communications
        Link
        Limited Partnership.  After such payment, again no royalty will accrue
        or be owed until another $300,000.00 in sales has occured, after which a
        second
        lump sum of $15,000.00 is due, and so forth.   LINC Technology
        Corporation will be responsible for periodic mailings to the partnership
        at its
        expense.  Bases on IRS regulations, no partnership 1065 tax returns
        and K-1s will have to be filed or issued until the royalty
        accrues.  Royalties of $12,118 were paid to the Partnership in
        December 1999 and a total disbursement of $10,906 was made to the limited
        partners in February 2000.  $1,212 was paid to historical creditors of
        the partnership.  The general partners did not receive any payments
        from the partnership.
 
 As
        described above, in 1995, the General Partners put in place an arrangement
        under
        which royalties would not be payable to the partnerships and profit would
        not
        accrue until a total of $300,000 in sales had occured.  In 2003, as
        the amount of sales was approaching $300,000 again, the General Partners
        reviewed the costs associated with preparing the partnership tax returns
        (Form
        1065) and the preparation and mailing of both the K-1s and distribution
        checks.  Based on our experience in 2000, the General Partners
        estimated the cost to be approximately $5000.00. In addition, the General
        Partners heard from many Limited Partners that the trouble involved in providing
        the tax information to their accountants was not worth the money that they
        received.  The General Partners therefore increased the level of sales
        required before a royalty payment is due from $300,000 to $600,000, which
        would
        result in a royalty payment totalling $30,000, instead of $15,000 to be divided
        among all individual limited partners, the amount
        will be $30,000.  As a result, a smaller percentage of the royalty
        would go to tax form and check preparation costs.  As a result of this
        new arrangement, no royalties accrued in this fiscal period.
  Page
            2
  Only
        a
        small portion of the LINC Technology Corporation's sales were for products
        which
        the Partnership licenses to LINC Technology Corporation.  Accounting
        of the amount of sales on products subject to partnership royalty will not
        be
        done until the end of the calender year.
 
 LINC
        filed a registration statement with the State of Washington, under the ULOR
        provision, for sale of up to $450,000 worth of its common stock, which became
        effective May 9, 1989.  No stock was sold under the offering and it
        was withdrawn on May 10, 1990.  Thus far LINC has supported its growth
        from its own cash flow.
 
 LINC
        Technology Corporation's address is 3535 Factoria Blvd. S.E., Bellevue, WA
        98006
        and telephone 425-882-2206.  Modest sales of the partnership's
        products continue to be made but are still irregular quarter to
        quarter.  The company concentrates on industrial data
        communications.  There can be no guarantee that LINC will be
        successful, or that sufficient sales of the partnership's products will result
        so that any significant royalties will be paid to the partnership.  No
        royalties or expenses were accrued by or paid to the partnership in the quarter
        ending 9-30-07.
 
 
 PART
        II -
        OTHER INFORMATION
 
 Item
                  1:
              Legal
                  Proceedings
 
 The
        staff
        of the Securities and Exchange Commission's Division of Enforcement
        recommended to the Commission that it authorize the staff
        to
        file a civil injunction action against the Partnership and Messrs.
        Maes and Steffey to require timely filing of reports with the
        commission.  Such an injunction was entered on June 25, 1986. All
        subsequent reports have been timely filed.
 
 On
        October 16, 1989 the U.S. Bankruptcy Court ordered the conversion of the
        partnership's Chapter 11 to a Chapter 7.  On May 11, 1990, the partnership
        filed an amended motion to dismiss the Chapter 7.  The motion
        was granted on June 21, 1990 and the partnership is no longer
        in
        bankruptcy.
 
 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,
                  Financial Statement Schedules, and Reports on Form
                  8-K
 
 a)
              Documents
                  filed as part of this Report: Unaudited financial
                  statement.
 
 b)
              Reports
                  on Form 8-K: None.
  Page
            3
  Item
                  9:
              Disagreements
                  on Accounting and Financial Disclosure
                  Matters
 
 TASA
        has
        no independent accountant at present, in accordance with Rule
        3-11
        of Regulation S-X
 
 
 Item
                  9A
              Controls
                  and Procedures
 
 
 The
        Partnership's disclosure controls and procedures are designed to ensure that
        information required to be disclosed in reports that are filed or submitted
        under the Securities Exchange Act of 1934, as amended, is recorded, processed,
        summerized and reported within the time periods specified in the rules and
        forms
        of the Securities and Exchange Commission.  Disclosure controls and
        procedures include, without limitation, controls and proceedures designed
        to
        ensure that information required to be disclosed by an issuer in the reports
        that it files or submits under the Act is accumulated and communicated to
        the
        issuer's management including its principal executive and principal financial
        officers, or persons performing similar functions (the General Partners),
        as
        appropriate to allow timely decisions regarding required
        disclosure.
 
 The
        General Partners have reviewed the effectiveness of the Partnership's disclosure
        controls and procedures as of the end of the period covered by this Form
        10-Q
        report and have concluded that the disclosure controls and proceedures are
        effective.
 
 There
        were no changes in our internal control over financial reporting during the
        three months ended September 30, 2007 that have materially affected, or are
        reasonably likely to materially affect, our internal control over financial
        reporting.
 
 
 9B
              Other
                  Information
 
 None
  Page
            4




Appendix
        A
 
 TASA
        PRODUCTS LIMITED
 BALANCE
        SHEET
 Sept.
        30,
        2007
 (UNAUDITED)
 
 ASSETSCash
              
              $
              0Royalties
                  Receivable
              
              
              0TOTAL
                  CURRENT ASSETS
              
              $
              0Intangible
                  Assets Less Amortization
              
              
              0Receivable
                  from Affiliates Less Allowance
              
              
              0TOTAL
                  ASSETS
              
              $
              0LIABILITIES
                  AND PARTNERS' EQUITYAccounts
                  Payable
              
              $
              0Taxes
                  Payable
              
              
              0TOTAL
                  CURRENT LIABILITIES
              
              
              0Payable
                  to Creditors (Non-Recourse)
              
              
              2,383,607TOTAL
                  LIABILITIES
              
              
              2,383,607Partners'
                  Capital
              
              
              (2,383,607
              )TOTAL
                  LIABILITIESAND
                  PARTNER'S EQUITY
              
              
              0
  Page
            5
  TASA
        PRODUCTS LIMITED
 STATEMENT
        OF INCOME
 FOR
        THE
        QUARTER ENDING
 Sept.
        30,
        2007
 (UNAUDITED)
 
 Royalty
                  Revenue
              
              $
              0Expenses
              
              
              0Net
                  Income (Loss)
              
              $
              0
  Page
            6
  TASA
        PRODUCTS LIMITED
 STATEMENT
        OF CASH FLOWS
 FOR
        THE
        QUARTER ENDING
 Sept.
        30,
        2007
 (UNAUDITED)
 
 Net
                  Cash Provided By Operating Activities
              
              $
              0Net
                  Cash Distribution to Partners
              
              
              0Net
                  Cash Distribution to Creditors
              
              
              0Net
                  Cash Used By Investing Activities
              
              
              0Net
                  Cash Provided By Financing Activities
              
              
              0Net
                  Increase In Cash
              
              
              0Cash
                  At Beginning Of Period
              
              
              0Cash
                  At End Of Period
              
              $
              0
  Page
            7
  SIGNATURES
 
 Pursuant
        to the Requirements of the Securities Exchange Act of 1934,
        the
        registrant has duly caused this report to be signed on its
        behalf by the undersigned thereunto duly authorized.
  TASA
                  PRODUCTS LIMITED(Registrant)10-10-07
              
              S/
                  Michel E. Maes, Co-General Partner(Date)
              
              (Signature)


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