**UNITED      STATES**

**SECURITIES      AND EXCHANGE COMMISSION**

**Washington,      D.C. 20549**

**FORM      10-QSB**

**QUARTERLY      REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF      1934**

**OR**

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

| NEVADA                                                |   | 20-0667864                               |
|-------------------------------------------------------|--------|------------------------------------------|
| State                or jurisdiction of incorporation |   | (I.R.S                Employer I.D       |
| or                organization                        |   | No.)       |

**September      30, 2007**
**11,200,000      s**

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**Integrated      Micrometallurgical Systems, Inc.**

**INDEX**

| PART                I.  | FINANCIAL                INFORMATION                                                                                                     |   |
|-------------------------|------------------------------------------------------------------------------------------------------------------------------------------|--------|
|                    |                                                                                                                                     |   |
| Item                1.  | Financial                Statements                                                                                                      |   |
|                    |                                                                                                                                     |   |
|                    | Balance                Sheets as of September 30, 2007 (unaudited) and June 30, 2007                (audited)                       | 2      |
|                    | Statements                of Operations (unaudited) for the three months ended September 30,                2007                and 2006 | 3      |
|                    |                                                                                                                                     |   |
|                    | Statements                of Cash Flows (unaudited) for the three months ended September 30,                2007 and 2006           | 4      |
|                    |                                                                                                                                     |   |
|                    | Notes                to Financial Statements                                                                                             | 5      |
|                    |                                                                                                                                     |   |
| Item                2.  | Plan                of Operations                                                                                                        | 10     |
|                    |                                                                                                                                     |   |
| Item                3.  | Controls                and Procedures                                                                                                   | 11     |
|                    |                                                                                                                                     |   |
| PART                II. | OTHER                INFORMATION                                                                                                         |   |
|                    |                                                                                                                                     |   |
| Item                6.  | Exhibits                and Reports on Form 8-K                                                                                          | 11     |

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INTEGRATED      MICROMETALLURGICAL SYSTEMS, INC.

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|                                                     |   | September 30, |     |          |   |
|----------------------------------------------------------|--------|--------------------|----------|---------------|--------|
|                                                     |   | 2007               |     | June 30, |   |
|                                                     |   | (unaudited)        |     | 2007          |   |
| ASSETS                                                   |   |               |     |          |   |   |   |
|                                                     |   |               |     |          |   |   |   |
| CURRENT                ASSETS                            |   |               |     |          |   |   |   |
| Cash                                                     |   | $                  | 655      |          | $      | 1,268 |   |
| Total                Current Assets                      |   |               | 655      |          |   | 1,268 |   |
|                                                     |   |               |     |          |   |   |   |
| PROPERTY                AND EQUIPMENT, NET               |   |               | 14,038   |          |   | 16,021 |   |
|                                                     |   |               |     |          |   |   |   |
| OTHER                ASSETS, NET                         |   |               | 107,003  |          |   | 109,295 |   |
|                                                     |   |               |     |          |   |   |   |
| TOTAL                ASSETS                              |   | $                  | 121,696  |          | $      | 126,584 |   |
|                                                     |   |               |     |          |   |   |   |
| LIABILITIES                AND STOCKHOLDERS' EQUITY      |   |               |     |          |   |   |   |
|                                                     |   |               |     |          |   |   |   |
| CURRENT                LIABILITIES                       |   |               |     |          |   |   |   |
| Accounts                payable                          |   | $                  | 31,061   |          | $      | 31,061 |   |
| Related                party payables                    |   |               | 166,345  |          |   | 147,901 |   |
| Accrued                liabilities                       |   |               | 2,863    |          |   | 2,862 |   |
| Total                Current Liabilities                 |   |               | 200,269  |          |   | 181,824 |   |
|                                                     |   |               |     |          |   |   |   |
| LONG-TERM                LIABILITIES                     |   |               |     |          |   |   |   |
| Note                payable - related party              |   |               | 11,590   |          |   | 11,590 |   |
| Total                Long-Term Liabilities               |   |               | 11,590   |          |   | 11,590 |   |
|                                                     |   |               |     |          |   |   |   |
| COMMITMENTS                AND CONTINGENCIES             |   |               | -        |          |   | - |   |
|                                                     |   |               |     |          |   |   |   |
| STOCKHOLDERS'                EQUITY                      |   |               |     |          |   |   |   |
| Common                stock, $0.001 par value;           |   |               |     |          |   |   |   |
| 200,000,000                shares authorized, 11,200,000 |   |               |     |          |   |   |   |
| issued                and outstanding, respectively      |   |               | 11,200   |          |   | 11,200 |   |
| Additional                paid-in capital                |   |               | 742,577  |          |   | 742,577 |   |
| Accumulated                deficit                       |   |               | (843,940 | )             |   | (820,607 | ) |
| Total                Stockholders' Equity                |   |               | (90,163  | )             |   | (66,830 | ) |
|                                                     |   |               |     |          |   |   |   |
| TOTAL                LIABILITIES AND                     |   |               |     |          |   |   |   |
| STOCKHOLDERS'                EQUITY                      |   | $                  | 121,696  |          | $      | 126,584 |   |

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**INTEGRATED      MICROMETALLURGICAL SYSTEMS, INC.**

**(A      DEVELOPMENT STAGE ENTERPRISE)**

**STATEMENTS      OF OPERATIONS**

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|                                               |   |                                                  |       |                  |   | From May 11, |   |
|----------------------------------------------------|--------|------------------------------------------------------------|------------|-----------------------|--------|------------------------|--------|
|                                               |   |                                                  |       |                  |   | 2004                   |   |
|                                               |   |                                                  |       |                  |   | (Inception)            |   |
|                                               |   |  Three Months Ended September 30, |       | To Sept 30, |   |
|                                               |   |  2007                                                 |       | 2006                  |   | 2007                   |   |
|                                               |   |  (unaudited)                                          |       | (unaudited)           |   | (unaudited)            |   |
|                                               |   |                                                  |       |                  |   |                   |   |
| **REVENUES**                                       |   | $                                                          | -          |                  | $      | -                      |   | $ | - |   |
|                                               |   |                                                       |       |                  |   |                   |   |   |   |   |
| **OPERATING                EXPENSES**              |   |                                                       |       |                  |   |                   |   |   |   |   |
| Amortization                and depreciation       |   |                                                       | 4,276      |                  |   | 4,276                  |   |   | 55,875 |   |
| Consulting                expense                  |   |                                                       | -          |                  |   | -                      |   |   | 163,053 |   |
| Salary                and wages                    |   |                                                       | 18,445     |                  |   | 18,445                 |   |   | 236,159 |   |
| General                and administrative expenses |   |                                                       | 612        |                  |   | 16,490                 |   |   | 177,357 |   |
| Research                and development            |   |                                                       | -          |                  |   | 18,575                 |   |   | 204,851 |   |
| Total                Operating Expenses            |   |                                                       | 23,333     |                  |   | 57,786                 |   |   | 837,295 |   |
|                                               |   |                                                       |       |                  |   |                   |   |   |   |   |
| **LOSS                FROM OPERATIONS**            |   |                                                       | (23,333    | )                     |   | (57,786                | )      |   | (837,295 | ) |
|                                               |   |                                                       |       |                  |   |                   |   |   |   |   |
| **OTHER                INCOME (EXPENSE)**          |   |                                                       |       |                  |   |                   |   |   |   |   |
| Interest                income                     |   |                                                       | -          |                  |   | -                      |   |   | 880 |   |
| Interest                expense                    |   |                                                       | -          |                  |   | (919                   | )      |   | (7,527 | ) |
| Total                Other Income (Expense)        |   |                                                       | -          |                  |   | (919                   | )      |   | (6,647 | ) |
|                                               |   |                                                       |       |                  |   |                   |   |   |   |   |
| **LOSS                BEFORE TAXES**               |   |                                                       | (23,333    | )                     |   | (58,705                | )      |   | (843,942 | ) |
|                                               |   |                                                       |       |                  |   |                   |   |   |   |   |
| **INCOME                TAX EXPENSE**              |   |                                                       | -          |                  |   | -                      |   |   | - |   |
|                                               |   |                                                       |       |                  |   |                   |   |   |   |   |
| **NET                LOSS**                        |   | $                                                          | (23,333    | )                     | $      | (58,705                | )      |   | (843,942 | ) |
|                                               |   |                                                       |       |                  |   |                   |   |   |   |   |
| NET                LOSS PER COMMON SHARE,          |   |                                                       |       |                  |   |                   |   |   |   |   |
| BASIC                AND DILUTED                   |   | $                                                          | nil        |                  | $      | (0.01                  | )      |   |   |   |
|                                               |   |                                                       |       |                  |   |                   |   |   |   |   |
| WEIGHTED                AVERAGE NUMBER             |   |                                                       |       |                  |   |                   |   |   |   |   |
| OF                COMMON SHARES OUTSTANDING,       |   |                                                       |       |                  |   |                   |   |   |   |   |
| BASIC                AND DILUTED                   |   |                                                       | 11,200,000 |                  |   | 10,158,333             |   |   |   |   |

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**INTEGRATED      MICROMETALLURGICAL SYSTEMS, INC.**

**(A      DEVELOPMENT STAGE ENTERPRISE)**

**STATEMENTS      OF CASH FLOWS **

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|                                                                |   |                         |    |               |   |  From                   |   |
|---------------------------------------------------------------------|--------|------------------------------|---------|--------------------|--------|------------------------------|--------|
|                                                                |   |                         |    |               |   |  May 11, 2004 |   |
|                                                                |   | Three Months Ended |    |  (Inception)  |   |
|                                                                |   | September 30,           |    | September 30, |   |  To June 30,  |   |
|                                                                |   | 2007                         |    | 2006               |   |  2007                   |   |
|                                                                |   | (unaudited)                  |    | (unaudited)        |   |  (unaudited)            |   |
|                                                                |   |                         |    |               |   |                    |   |
| **CASH                FLOWS FROM OPERATING ACTIVITIES:**            |   |                         |    |               |   |                         |   |   |   |   |
| Net                loss                                             |   | $                            | (23,333 | )                  | $      | (58,705                      | )      | $ | (843,942 | ) |
| Adjustments                to reconcile net loss to net cash        |   |                         |    |               |   |                         |   |   |   |   |
| provided                (used) by operating activities:             |   |                         |    |               |   |                         |   |   |   |   |
| Amortization                and depreciation                        |   |                         | 4,275   |               |   | 4,276                        |   |   | 55,874 |   |
| Options                granted for services                         |   |                         | -       |               |   | -                            |   |   | 89,250 |   |
| Amortization                of beneficial conversion                |   |                         | -       |               |   | 919                          |   |   | 7,527 |   |
| Accounts                payable                                     |   |                         | -       |               |   | 5,521                        |   |   | 31,002 |   |
| Related                party payables                               |   |                         | 18,444  |               |   | 30,446                       |   |   | 152,937 |   |
| Accrued                expenses                                     |   |                         | 1       |               |   | -                            |   |   | 2,863 |   |
| Net                cash used by operating activities                |   |                         | (613    | )                  |   | (17,543                      | )      |   | (504,489 | ) |
|                                                                |   |                         |    |               |   |                         |   |   |   |   |
| **CASH                FLOWS PROVIDED BY INVESTING ACTIVITIES:**     |   |                         |    |               |   |                         |   |   |   |   |
| Purchase                of fixed assets                             |   |                         | -       |               |   | -                            |   |   | (39,356 | ) |
| Net                cash used by investing activities                |   |                         | -       |               |   | -                            |   |   | (39,356 | ) |
|                                                                |   |                         |    |               |   |                         |   |   |   |   |
| **CASH                FLOWS PROVIDED BY FINANCING ACTIVITIES:**     |   |                         |    |               |   |                         |   |   |   |   |
| Acquisition                of subsidiary and reorganization         |   |                         | -       |               |   | -                            |   |   | (4,000 | ) |
| Stock                issued for cash                                |   |                         | -       |               |   | 16,000                       |   |   | 548,500 |   |
| Proceeds                from loan payable, related party            |   |                         | -       |               |   | -                            |   |   | 5,000 |   |
| Payment                of loan payable, related party               |   |                         | -       |               |   | -                            |   |   | (5,000 | ) |
| Net                cash provided by financing activities            |   |                         | -       |               |   | 16,000                       |   |   | 544,500 |   |
|                                                                |   |                         |    |               |   |                         |   |   |   |   |
| Net                increase (decrease) in cash and cash equivalents |   |                         | (613    | )                  |   | (1,543                       | )      |   | 655 |   |
|                                                                |   |                         |    |               |   |                         |   |   |   |   |
| **Cash                at beginning of period**                      |   |                         | 1,268   |               |   | 2,597                        |   |   | - |   |
|                                                                |   |                         |    |               |   |                         |   |   |   |   |
| **Cash                at end of period**                            |   | $                            | 655     |               | $      | 1,054                        |   |   | 655 |   |
|                                                                |   |                         |    |               |   |                         |   |   |   |   |
|                                                                |   |                         |    |               |   |                         |   |   |   |   |
| **SUPPLEMENTAL                CASH FLOW DISCLOSURES:**              |   |                         |    |               |   |                         |   |   |   |   |
| Income                taxes paid                                    |   | $                            | -       |               | $      | -                            |   |   |   |   |
| Interest                paid                                        |   | $                            | -       |               | $      | -                            |   |   |   |   |
|                                                                |   |                         |    |               |   |                         |   |   |   |   |
| **NON-CASH                INVESTING AND FINANCING ACTIVITIES:**     |   |                         |    |               |   |                         |   |   |   |   |
| License                acquired by issuance of stock options        |        | $                            | -       |               | $      | -                            |   | $ | 112,500 |   |
| Note                payable issued for license                      |   | $                            | -       |               | $      | -                            |   | $ | 25,000 |   |
| Beneficial                conversion feature of note payable        |   |                         |    |               |   |                         |   | $ | 7,527 |   |

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**INTEGRATED      MICROMETALLURGICAL SYSTEMS, INC**

**(A      DEVELOPMENT STAGE ENTERPRISE)**

**NOTES      TO THE FINANCIAL STATEMENTS**

**September      30, 2007 **

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**NOTE      1 – BASIS      OF      PRESENTATION**

**NOTE      2 – SUMMARY OF SIGNIFICANT ACCOUNTING PRINCIPLES**

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**INTEGRATED        MICROMETALLURGICAL SYSTEMS, INC**

**(A        DEVELOPMENT STAGE ENTERPRISE)**

**NOTES        TO THE FINANCIAL STATEMENTS**

**September        30, 2007 **

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**NOTE      3 – DEFERRED TAX ASSET**

|                                                       |   | September                  30, |     | June                  30, |   |
|------------------------------------------------------------|--------|--------------------------------|----------|---------------------------|--------|
|                                                       |   | 2007                           |     | 2007                      |   |
| Net                  operating loss carryforward** ** |   | $                              | 843,942  |                      | $      | 820,607 |   |
|                                                       |   |                           |     |                      |   |   |   |
| Deferred                  tax asset                        |   | $                              | 286,940  |                      | $      | 279,006 |   |
| Deferred                  tax asset valuation allowance    |   |                           | (286,940 | )                         |   | (279,006 | ) |
| Net                  deferred tax asset                    |   | $                              | -        |                      | $      | - |   |

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**INTEGRATED        MICROMETALLURGICAL SYSTEMS, INC**

**(A        DEVELOPMENT STAGE ENTERPRISE)**

**NOTES        TO THE FINANCIAL STATEMENTS**

**September        30, 2007**

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**NOTE      4 – PROPERTY AND EQUIPMENT**

|                                           |   | September 30, |    | June 30, |   |
|------------------------------------------------|--------|--------------------|---------|---------------|--------|
|                                           |   | 2007               |    | 2007          |   |
| Plant                  assets                  |   | $                  | 23,820  |          | $      | 23,820 |   |
| Office                  equipment              |   |               | 15,535  |          |   | 15,535 |   |
|                                           |   |               |    |          |   |   |   |
| Subtotal                                       |   |               | 39,355  |          |   | 39,355 |   |
| Less                  accumulated depreciation |   |               | (25,317 | )             |   | (23,334 | ) |
|                                           |   | $                  | 14,038  |          | $      | 16,021 |   |

**NOTE      5 – TECHNOLOGY LICENSE AGREEMENT AND TRANSACTION**

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**INTEGRATED      MICROMETALLURGICAL SYSTEMS, INC**

**(A      DEVELOPMENT STAGE ENTERPRISE)**

**NOTES      TO THE FINANCIAL STATEMENTS**

**September      30, 2007 **

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**NOTE      6 – CAPITAL STOCK **

**NOTE      7 – RELATED PARTY TRANSACTIONS**

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**INTEGRATED      MICROMETALLURGICAL SYSTEMS, INC**

**(A      DEVELOPMENT STAGE ENTERPRISE)**

**NOTES      TO THE FINANCIAL STATEMENTS**

**September      30, 2007 **

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**NOTE      8 – COMMITMENTS AND CONTINGENCIES**

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**ITEM      2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION OR PLAN OF      OPERATION **

**Liquidity      and Capital Resources **

**Results      of Operations**

**Revenues      **

**Operating      Expenses **

**Net      Income or Loss **

----

**Plan      of Operations**

**ITEM      3. CONTROLS AND PROCEDURES**

**PART      II - OTHER INFORMATION**

**ITEM      1.  LEGAL PROCEEDINGS**

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

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

**ITEM      5.  OTHER INFORMATION**

**ITEM      6. EXHIBITS AND REPORTS ON FORM 8-K. **

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**SIGNATURES**

**INTEGRATED      MICROMETALLURGICAL SYSTEMS, INC. **

| *BY:*  | */s/                  H. Werner Huss*        |   |
|--------|----------------------------------------------|--------|
|   | *H.                  Werner Huss, President* |
|   | *Chief                  Executive Officer*   |

*Date:        November 20, 2007*

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