U.S. SECURITIES AND EXCHANGE COMMISSION
                                 Washington, DC

                                  FORM 10-QSB/A

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

                For the quarterly period ended September 30, 2007

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

             For the transition period from __________ to __________

                        Commission file number 000-51929

                                   ESCO, INC.
        (Exact name of small business issuer as specified in its charter)

             Nevada                                             20-3750479
(State or other jurisdiction of                              (I.R.S. employer
 incorporation or organization)                           identification number)

       10330 Regency Parkway Drive,
           Suite 100 Omaha, NE                                       68114
(Address of principal executive offices)                          (Zip Code)

                   Issuer's telephone number: (402) 397-2200

                                    No change
        (Former name, former address and former fiscal year, if changed
                               since last report)
                         Facsimile number (402) 390-7137


<PAGE>

                                   Copies to:

                              William T. Foley, Esq.
                           Erickson & Sederstrom, P.C.
                           10330 Regency Parkway Drive
                                 Omaha, NE 68114
                                 (402) 390-7117

Check  whether the issuer (1) filed all reports  required to be filed by Section
13 or 15(d) of the  Exchange  Act during the past 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 |_|

Check  whether  the issuer is a shell  company  (as defined in Rule 12b-2 of the
Exchange Act). Yes |X| No |_|.

                      APPLICABLE ONLY TO CORPORATE ISSUERS

State the number of shares outstanding of each of the issuer's classes of common
equity,  as of the latest  practicable  date: 15,500 shares of Common Stock, par
value $ .0001 per share, outstanding as of November 12, 2007.

Transitional Small Business Disclosure Format (Check one): YES |_| NO |X|



<PAGE>

                                      Index

                         Part I -- FINANCIAL INFORMATION

                                                                            Page
                                                                            ----
Item 1. Financial Statements                                                 4

Item 2. Management's Discussion and Analysis or Plan of Operation            10

Item 3. Controls and Procedures                                              10

                          Part II -- OTHER INFORMATION:

Item 1. Legal Proceedings                                                    11

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds          11

Item 3. Defaults Upon Senior Securities                                      11

Item 4. Submission of Matters to a Vote of Security Holders                  11

Item 5. Other Information                                                    11

Item 6. Exhibits and Reports on Form 8-K                                     11

Signatures                                                                   11


                                       3
<PAGE>


                         PART I - FINANCIAL INFORMATION

ITEM 1. FINANCIAL STATEMENTS.

                                   ESCO, INC.
                                   ----------
                          (A Development Stage Company)
                          -----------------------------
                                  BALANCE SHEET
                                  -------------

<TABLE>
<CAPTION>
                                                             (Unaudited)
                                                            September 30,   December 31,
                                                                 2007           2006
                                                           --------------  --------------
<S>                                                        <C>             <C>
Assets:
   Cash                                                    $        2,912  $        4,457
                                                           --------------  --------------
 Total Assets                                              $        2,912  $        4,457
                                                           ==============  ==============
Liabilities:
  Accounts Payable                                         $           --  $           --
                                                           --------------  --------------

Stockholders' Equity:
  Preferred Stock, par value $.001,
    Authorized 100,000,000 shares, Issued 0
    shares at September 30, 2007 and December 31, 2006                 --              --
  Common Stock, par value $.001,
    Authorized 1,000,000,000 shares, Issued 15,500 shares
    at September 30, 2007 and December 31, 2006                        16              16
  Paid-In Capital                                                  15,484          15,484
  Deficit Accumulated During the Development Stage                (12,588)        (11,043)
                                                           --------------  --------------
     Total Stockholders' Equity                                     2,912           4,457
                                                           --------------  --------------
     Total Liabilities and Stockholders' Equity            $        2,912  $        4,457
                                                           ==============  ==============



        The accompanying notes are an integral part of these financial statements.
</TABLE>


                                            4
<PAGE>


                                   ESCO, INC.
                                   ----------
                          (A Development Stage Company)
                          -----------------------------
                            STATEMENTS OF OPERATIONS
                            ------------------------

<TABLE>
<CAPTION>
                                                                                              Cumulative
                                                                                                 since
                                                                                              November 4,
                                                                                                 2005
                                  For the Three Months Ended     For the Nine Months Ended   inception of
                                          September 30,                 September 30,         development
                                      2007           2006           2007           2006          stage
                                 -------------  -------------  -------------  -------------  -------------
<S>                              <C>            <C>            <C>            <C>            <C>
Revenues:                        $          --  $          --  $          --  $          --  $          --

Expenses:
   General & Administrative                 15             15          1,545             45         12,588
                                 -------------  -------------  -------------  -------------  -------------
     Net Loss                    $         (15) $         (15) $      (1,545) $         (45) $     (12,588)
                                 =============  =============  =============  =============  =============

Basic & Diluted Loss per Share   $          --  $          --  $       (0.10) $          --
                                 =============  =============  =============  =============

Weighted Average Shares
  Outstanding                           15,500         15,500         15,500         15,500
                                 =============  =============  =============  =============



                The accompanying notes are an integral part of these financial statements.
</TABLE>


                                                     5
<PAGE>




                                   ESCO, INC.
                                   ----------
                          (A Development Stage Company)
                          -----------------------------
                            STATEMENTS OF CASH FLOWS
                            ------------------------

<TABLE>
<CAPTION>
                                                                                              Cumulative
                                                                                                 since
                                                                                              November 4,
                                                                                                 2005
                                                                For the Nine Months Ended    inception of
                                                                       September 30,          development
                                                                    2007          2006          stage
                                                               -------------  -------------  -------------
<S>                                                            <C>            <C>            <C>
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Loss                                                       $      (1,545) $         (45) $     (12,588)

Increase (Decrease) in Accounts Payable                                   --         (7,963)            --
                                                               -------------  -------------  -------------
  Net Cash Used in operating activities                               (1,545)        (8,008)       (12,588)
                                                               -------------  -------------  -------------
CASH FLOWS FROM INVESTING ACTIVITIES:
Net cash provided by investing activities                                 --             --             --
                                                               -------------  -------------  -------------
CASH FLOWS FROM FINANCING ACTIVITIES:
Common Stock Issued for Cash                                              --             --         15,500
                                                               -------------  -------------  -------------
Net Cash Provided by Financing Activities                                 --             --         15,500
                                                               -------------  -------------  -------------
Net (Decrease) Increase in
  Cash and Cash Equivalents                                           (1,545)        (8,008)         2,912
Cash and Cash Equivalents
  at Beginning of Period                                               4,457         15,480             --
                                                               -------------  -------------  -------------
Cash and Cash Equivalents
  at End of Period                                             $       2,912  $       7,472  $       2,912
                                                               =============  =============  =============

SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid during the year for:
  Interest                                                     $          --  $          --  $          --
  Franchise and income taxes                                   $          --  $          --  $          --


SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES: None
----------------------------------------------------------------------


                The accompanying notes are an integral part of these financial statements.
</TABLE>



                                                     6
<PAGE>


                                   ESCO, INC.
                                   ----------
                          (A Development Stage Company)
                          -----------------------------
                          NOTES TO FINANCIAL STATEMENTS
                          -----------------------------
                                   (Unaudited)
                                   -----------

NOTE 1 - ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
--------------------------------------------------------------------

This summary of accounting policies for ESCO, Inc. (a development stage company)
is presented to assist in understanding the Company's financial statements.  The
accounting policies conform to generally accepted accounting principles and have
been consistently applied in the preparation of the financial statements.

Interim Financial Statements

The unaudited financial statements as of September 30, 2007 and for the nine (9)
months then ended, reflect, in the opinion of management, all adjustments (which
include  only  normal  recurring  adjustments)  necessary  to  fairly  state the
financial position and results of operations for the nine (9) months.  Operating
results for interim periods are not necessarily  indicative of the results which
can be expected for full years.

Nature of Operations and Going Concern

The  accompanying  financial  statements  have  been  prepared  on the  basis of
accounting  principles  applicable to a "going concern," which assume that ESCO,
Inc. (hereto referred to as the Company) will continue in operation for at least
one year and will be able to realize its assets and discharge its liabilities in
the normal course of operations.

Several conditions and events cast doubt about the Company's ability to continue
as a "going  concern."  The Company  has  incurred  net losses of  approximately
$12,588 for the period from November 4, 2005  (inception) to September 30, 2007,
has an accumulated  deficit,  has recurring losses, has no revenues and requires
additional  financing in order to finance its business  activities on an ongoing
basis. The Company's future capital requirements will depend on numerous factors
including,  but not limited to, continued progress in finding a merger candidate
and the pursuit of  business  opportunities.  The  Company is actively  pursuing
alternative  financing  and has had  discussions  with  various  third  parties,
although  no firm  commitments  have been  obtained.  Management  believes  that
actions  presently  being taken to revise the Company's  operating and financial
requirements provide them with the opportunity to continue as a "going concern"

These financial statements do not reflect adjustments that would be necessary if
the  Company  were unable to continue  as a "going  concern."  While  management
believes that the actions  already  taken or planned,  will mitigate the adverse
conditions  and  events  which  raise  doubt  about the  validity  of the "going
concern" assumption used in preparing these financial  statements,  there can be
no assurance that these actions will be  successful.  If the Company were unable
to  continue  as a  "going  concern,"  then  substantial  adjustments  would  be
necessary  to the  carrying  values  of  assets,  the  reported  amounts  of its
liabilities,   the  reported  revenues  and  expenses,  and  the  balance  sheet
classifications used.


Organization and Basis of Presentation

The Company was  incorporated  under the laws of the State of Nevada on November
4, 2005.  The Company did not have any  operating  activities  during the period
from its  incorporation  through  September  30, 2007 and is in the  development
stage.


                                       7
<PAGE>


                                   ESCO, INC.
                                   ----------
                          (A Development Stage Company)
                          -----------------------------
                          NOTES TO FINANCIAL STATEMENTS
                          -----------------------------
                                   (Unaudited)
                                   ----------


NOTE  1 -  ORGANIZATION  AND  SUMMARY  OF  SIGNIFICANT  ACCOUNTING  POLICIES
----------------------------------------------------------------------------
(Continued)
-----------

Nature of Business

The Company has no products or services as of September  30,  2007.  The company
was organized as a vehicle to seek merger or acquisition candidates.

Financial Instruments

The Company's  financial  assets  consist of cash.  The Company has no financial
liabilities.  Except as otherwise  noted,  it is  management's  opinion that the
Company is not exposed to  significant  interest or credit  risks  arising  from
these  financial  instruments.  The fair values of these  financial  instruments
approximate  their  carrying  values due to the  sort-term  maturities  of these
instruments.

Cash and Cash Equivalents

For purposes of the  statement of cash flows,  the Company  considers all highly
liquid debt instruments  purchased with a maturity of three months or less to be
cash  equivalents  to the  extent  the funds are not being  held for  investment
purposes.

Pervasiveness of Estimates

The preparation of financial  statements in conformity  with generally  accepted
accounting principles required management to make estimates and assumptions that
affect  the  reported  amounts  of assets  and  liabilities  and  disclosure  of
contingent  assets and  liabilities at the date of the financial  statements and
the  reported  amounts of revenues  and expenses  during the  reporting  period.
Actual results could differ from those estimates.

Loss per Share

Basic income  (loss) per share has been  computed by dividing the income  (loss)
for the year  applicable  to the common  stockholders  by the  weighted  average
number of common  shares  outstanding  during  the  years.  There were no common
equivalent shares outstanding at September 30, 2007 and 2006.

Concentration of Credit Risk

The Company has no significant  off-balance-sheet  concentrations of credit risk
such as foreign exchange  contracts,  options contracts or other foreign hedging
arrangements.


                                       8
<PAGE>


                                   ESCO, INC.
                                   ----------
                          (A Development Stage Company)
                          -----------------------------
                          NOTES TO FINANCIAL STATEMENTS
                          -----------------------------
                                   (Unaudited)
                                   ----------

NOTE  1 -  ORGANIZATION  AND  SUMMARY  OF  SIGNIFICANT  ACCOUNTING  POLICIES
----------------------------------------------------------------------------
(Continued)
-----------

Recent Accounting Standards

In  September  2006,  the FASB issued SFAS No. 157,  "Accounting  for Fair Value
Measurements."  SFAS No. 157 defines fair value, and establishes a framework for
measuring  fair value in generally  accepted  accounting  principles and expands
disclosure  about fair value  measurements.  SFAS No. 157 is  effective  for the
Company for financial  statements  issued  subsequent to November 15, 2007.  The
Company  does not expect the new  standard  to have any  material  impact on the
financial position and results of operations.

The FASB has  indicated it believes that SFAS 159 helps to mitigate this type of
accounting-induced volatility by enabling companies to report related assets and
liabilities  at fair value,  which would likely reduce the need for companies to
comply  with  detailed  rules for hedge  accounting.  SFAS 159 also  establishes
presentation  and  disclosure  requirements  designed to facilitate  comparisons
between companies that choose different measurement attributes for similar types
of assets and liabilities.

SFAS 159 does not eliminate disclosure requirements included in other accounting
standards,  including requirements for disclosures about fair value measurements
included in SFAS 157 and SFA No. 107, "Disclosures about Fair Value of Financial
Instruments."  SFAS 159 is  effective  for the  Company as of the  beginning  of
fiscal year 2009. The adoption of this  pronouncement is not expected to have an
impact on the Company's financial position, results of operations or cash flows.


NOTE 2 - DEVELOPMENT STAGE COMPANY
----------------------------------

The  Company  has  not  begun  principal  operations  and  as is  common  with a
development  stage  company,  the Company has had  recurring  losses  during its
development  stage.  The  Company's  financial  statements  are  prepared  using
generally  accepted  accounting  principles  applicable to a going concern which
contemplates  the  realization  of assets and  liquidation of liabilities in the
normal course of business.  However,  the Company does not have significant cash
or other material  assets,  nor does it have an  established  source of revenues
sufficient to cover its  operating  costs and to allow it to continue as a going
concern.  In the interim,  shareholders of the Company have committed to meeting
its minimal operating expenses.


NOTE 3 - COMMITMENTS
--------------------

As of September 30, 2007 corporate  officers from either their homes or business
offices have  conducted all activities of the Company.  Currently,  there are no
outstanding  debts owed by the company for the use of these facilities and there
are no commitments for future use of the facilities.

NOTE 4 - COMMON STOCK TRANSACTIONS
----------------------------------

On November 29, 2005 the company  issued 15,500 shares of common stock for $1.00
per share.


                                       9
<PAGE>


ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION.

The Company  incurred a net loss of $45.00 for the three months ended  September
30, 2007 and $45.00 for the period  ending  September  30,  2006,  respectively.
Combined with the fact that the Company has  $2,912.00 in working  capital as of
September 30, 2007, it is management's  assertion that these  circumstances  may
hinder the Company's ability to continue as a going concern.

Plan of  Operation.  The Company has not realized any revenues  from  operations
since  November  4, 2005  (inception),  and its plan of  operation  for the next
twelve  months shall be to continue its efforts to locate  suitable  acquisition
candidates. The Company can provide no assurance that it can continue to satisfy
its cash requirements for at least the next twelve months.

Liquidity  and Capital  Resources.  As of September  30,  2007,  the Company had
assets consisting of $2,912.00 in cash.

Results of Operations. The Company has not conducted any active operations since
inception,  except for its efforts to locate suitable acquisition candidates. No
revenue has been  generated by the Company from November 4, 2005  (inception) to
September 30, 2007. It is unlikely the Company will have any revenues  unless it
is able to effect an acquisition,  or merger with an operating company, of which
there can be no assurance.

ITEM 3. CONTROLS AND PROCEDURES.

Evaluation of disclosure controls and procedures.

We maintain  disclosure controls and procedures that are designed to ensure that
information  required  to be  disclosed  in our  reports  filed  pursuant to the
Securities  Exchange Act of 1934, as amended (the "Exchange  Act"), is recorded,
processed,  summarized  and reported  within the time  periods  specified in the
Securities and Exchange  Commission's rules,  regulations and related forms, and
that such  information  is  accumulated  and  communicated  to the our principal
executive  officer and principal  financial  officer,  as appropriate,  to allow
timely decisions regarding required disclosure.

We carried out an evaluation,  under the supervision and with the  participation
of our  management,  including  our  principal  executive  officer and principal
financial  officer,  of the  effectiveness  of the design and  operation  of our
disclosure  controls and  procedures.  Based on this  evaluation,  our principal
executive officer and principal  financial officer concluded that our disclosure
controls and procedures were effective.

Changes in internal controls.

There have been no  significant  changes in our  internal  controls  or in other
factors that could significantly affect these controls and procedures subsequent
to the date we completed our evaluation.  Therefore,  no corrective actions were
taken.


                                       10
<PAGE>


                          PART II -- OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS.  To the best knowledge of the officers and directors,
the Company is not a party to any legal proceeding or litigation.

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

Exhibit No.   Description
-----------   -----------
*3.1          Articles  of  Incorporation,  as filed with the  Nevada  Secretary
              State on November 4, 2005.

*3.2          By-Laws

31.1          Certification  of  the  Company's  Principal  Executive Officer to
              Section 302 of the Sarbanes-Oxley Act of 2002, with respect to the
              Quarterly Report on Form  10-QSB/A for the quarter ended September
              30, 2007.

32.1          Certification  of  the  Company's   Principal   Executive  Officer
              pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section
              906 of the Sarbanes-Oxley Act of 2002.

* Filed as an exhibit to the Company's  Registration Statement on Form 10-SB, as
filed  with the  Securities  and  Exchange  Commission  on April 25,  2006,  and
incorporated herein by this reference.


                                   SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended,
the  Registrant  has duly  caused  the  Report to be signed on its behalf by the
undersigned thereunto duly authorized.

Dated: November 12, 2007

                                               ESCO, INC.


                                               By: /s/ William T. Foley
                                                   -----------------------------
                                                   William T. Foley, President

                                       11