UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 10-QSB


__x__ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities
      Exchange Act of 1934 FOR THE QUARTERLY PERIOD ENDED OCTOBER 31, 2006.

      OR

_____ Transition Report Pursuant to Section 13 or 15(d) of the Securities
      Exchange Act of 1934 for the transition period from ____ to ____.

Commission file number: 333-135225

GREEN IRONS HOLDINGS CORP.
(Exact name of registrant as specified in its charter)

Nevada
(State of other jurisdiction of incorporation or organization)

98-0489669
(IRS Employer Identification Number)

PO Box 561, Harbour Gates
Providenciales, Turks & Caicos Islands
(Address of principal executive offices)

(649) 342-1526
(Registrant's telephone number, including area code)

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 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___

The Registrant is a Shell company. Yes___ No_x_

As of December 12, 2006, the Company had 5,000,000 shares issued and
outstanding.

(Page 1)


TABLE OF CONTENTS

PART I - FINANCIAL STATEMENT

ITEM 1 - Financial Statements..........................Page  3

ITEM 2 - Plan of Operation.............................Page  8

ITEM 3 - Controls and Procedures.......................Page 11

PART II - OTHER INFORMATION

ITEM 2 -  Changes in Securities and Use of Proceeds....Page 12

ITEM 6 -  Exhibits.....................................Page 12

(Page 2)


PART I

ITEM 1. FINANCIAL STATEMENTS




                       GREEN IRONS HOLDINGS CORPORATION
                         (A Development Stage Company)
                             FINANCIAL STATEMENTS
                       October 31, 2006 and April 30, 2006



GREEN IRONS HOLDINGS CORPORATION
 (A Development Stage Company)
        Balance Sheets


ASSETS
------

                                        October 31, 2006   April 30, 2006
                                        ----------------   --------------
                                           (unaudited)

CURRENT ASSETS

Cash                                     $         380       $       494
Prepaid expenses                                 4,167            10,151
                                         -------------       -----------
Total Current Assets                     $       4,547       $    10,645
                                         -------------       -----------
TOTAL ASSETS                             $       4,547       $    10,645
                                         =============       ===========


LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)
----------------------------------------------

                                         October 31, 2006  April 30, 2006
                                         ----------------  --------------
                                            (unaudited)

CURRENT LIABILITIES

Accounts payable                          $      1,295      $         -
Notes payable - related party (Note 2)          17,280      $    12,185
                                          ------------      -----------

Total Current Liabilities                       18,575           12,185
                                          ------------      -----------
TOTAL LIABILITIES                               18,575           12,185
                                          ------------      -----------

STOCKHOLDERS' EQUITY (DEFICIT)

Common stock, $0.001 par value,
100,000,000 shares authorized,
5,000,000 and 5,000,000 shares issued
and outstanding, respectively                   5,000            5,000
Additional paid-in capital (deficit)           (3,763)          (4,500)
Deficit accumulated during the
development stage                             (15,265)          (2,040)
                                          ------------      -----------
Total Stockholders' Equity (Deficit)          (14,028)          (1,540)
                                          ------------      -----------
TOTAL LIABILITIES AND STOCKHOLDERS'
EQUITY (DEFICIT)                          $     4,547       $   10,645
                                          ===========       ===========



The accompanying notes are an integral part of these financial statements.

(Page 3)


                        GREEN IRONS HOLDINGS CORPORATION
                         (A Development Stage Company)
                            Statement of Operations
                                 (Unaudited)

                           For the Three    For the Six      From Inception
                           Months Ended     Months Ended     on March 29,
                           October 31, 2006 October 31, 2006 through October
                                                             31, 2006
                           ---------------- ---------------- ---------------

REVENUE                    $             -  $             -  $           -
                            --------------   --------------   ------------
EXPENSES

Professional and legal fees          5,210           11,376         12,209
General and administrative           1,002            1,098          2,305
                           ---------------  ---------------  --------------
Total Expenses                       6,212           12,474         14,514
                           ---------------  ---------------  --------------
OPERATING LOSS                      (6,212)         (12,474)       (14,514)
                           ---------------  ---------------  --------------
OTHER EXPENSE

Interest expense                       751              751            751
                           ---------------  ---------------  --------------
Total Other Expense                    751              751            751
                           ---------------  ---------------  --------------

LOSS BEFORE INCOME TAX
EXPENSE                            (6,963)         (13,225)        (15,265)

Income tax expense                      -                -               -
                           ---------------  ---------------  --------------
NET LOSS                   $       (6,963)  $      (13,225)  $     (15,265)
                           ===============  ===============  ==============

BASIC AND FULLY DILUTED
LOSS PER SHARE             $       (0.00)   $      (0.00)
                           ===============  ===============

WEIGHTED AVERAGE NUMBER
OF SHARES OUTSTANDING           5,000,000        5,000,000
                           ===============  ===============



The accompanying notes are an integral part of these financial statements.

(Page 4)


                        GREEN IRONS HOLDINGS CORPORATION
                         (A Development Stage Company)
                    Statement of Stockholders' Equity (Deficit)

                                                              Deficit
                                                              Accumulated
                                                              During the
                        Common Stock              Paid-in     Development
                     ------------------           Capital     Stage
                      Shares      Amount
                     --------    --------         --------   ------------

Balance, March 29,
2006 (inception)            -    $      -         $      -   $         -

Common stock issued
for cash at $0.0001
per share           5,000,000       5,000          (4,500)             -

Net loss for period
ended April 30, 2006        -           -               -         (2,040)
                    ---------    --------         --------   ------------
Balance, April 30,
2006                5,000,000       5,000          (4,500)        (2,040)

Contribution of
imputed interest
on notes payable
-- related party            -           -             737              -

Net loss for six
months ended
October 31, 2006            -           -                -       (13,225)
(unaudited)         ---------    --------         --------   ------------

Balance, October
31, 2006
(unaudited)         5,000,000    $  5,000         $(3,763)   $   (15,265)
                    =========    ========         ========   ============



The accompanying notes are an integral part of these financial statements.

(Page 5)


                        GREEN IRONS HOLDINGS CORPORATION
                         (A Development Stage Company)
                            Statement of Cash Flows
                                 (Unaudited)

                                                         From Inception
                                          For the Six    on March 29,
                                          Months Ended   2006, through
                                          October 31,    October 31,
                                          2006           2006
                                          ------------   --------------

CASH FLOWS FROM OPERATING ACTIVITES

Net loss                                  $   (13,225)   $     (15,265)
Adjustments to reconcile net loss to
net cash used by operating activities:
Contribution of imputed interest on
notes payable--related party                      737              737

Changes in assets and liabilities:
(Increase) decrease in prepaid expenses         5,984           (4,167)
Increase in accounts payable                    1,295            1,295
                                          -----------    --------------

Net Cash Used by Operating Activities         (5,209)          (17,400)
                                          -----------    --------------
CASH FLOWS FROM INVESTING ACTIVITIES                -                 -
                                          -----------    --------------
CASH FLOWS FROM FINANCING ACTIVITIES

Proceeds from issuance of stock                     -               500
Proceeds from related party notes               5,095            17,280
                                          -----------    --------------
Net Cash Provided by Financing Activities       5,095            17,780
                                          -----------    --------------
INCREASE (DECREASE) IN CASH                     (114)               380
CASH AT BEGINNING OF PERIOD                      494                  -
                                          -----------    --------------
CASH AT END OF PERIOD                     $      380     $          380
                                          ===========    ==============

SUPPLEMENTAL DISCLOSURES OF CASH FLOW
INFORMATION:

CASH PAID FOR:

Interest                                  $        -     $           -
Income taxes                              $        -     $           -



The accompanying notes are an integral part of these financial statements.

(Page 6)


                        GREEN IRONS HOLDINGS CORPORATION
                         (A Development Stage Company)
                       Notes to the Financial Statements
                      October 31, 2006 and April 30, 2006

NOTE 1 - BASIS OF FINANCIAL STATEMENT PRESENTATION

The financial statements presented are those of Green Irons Holding
Corporation (the Company). The accompanying unaudited financial
statements have been prepared by the Company pursuant to the rules and
regulations of the Securities and Exchange Commission. 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 in accordance with such rules and regulations. The information
furnished in the interim financial statements include normal recurring
adjustments and reflects all adjustments, which, in the opinion of
management, are necessary for a fair presentation of such financial
statements. Although management believes the disclosures and
information presented are adequate to make the information not
misleading, it is suggested that these interim financial statements
be read in conjunction with the Company's most recent audited
financial statements. Operating results for the three and six
months ended October 31, 2006 are not necessarily indicative of
the results that may be expected for the year ending April 30,
2007.

NOTE 2 - RELATED PARTY TRANSACTIONS

Common Stock
------------

On March 29, 2006, corporate officer Andrew Couvell acquired all
5,000,000 of the Company's outstanding common stock at a price of
$0.0001 per share, or $500.

On May 23, 2006, corporate officer Andrew Couvell transferred
2,500,000 personally held shares of the Company's common stock to
corporate officer and director Sandy McDougall for $250.

On August 9, 2006, corporate officer Andrew Couvell transferred
2,500,000 personally held shares of the Company's common stock to
corporate officer and director Sandy McDougall for $250.

Accounts and Notes Payable
--------------------------

As of October 31, 2006, the Company has notes payable to an
officer totaling $17,280. The notes are unsecured, due upon
demand and have been imputing interest at the rate of 10% per
annum. At October 31, 2006, the officer elected to contribute
all of the $737 of imputed interest to capital.

NOTE 3 - GOING CONCERN

The Company's unaudited financial statements are prepared using
accounting principles generally accepted in the United States
of America applicable to a going concern that 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. Additionally, the Company has accumulated significant
losses, has negative working capital, and a deficit in
stockholders' equity. All of these items raise substantial doubt
about its ability to continue as a going concern.

Management's plans with respect to alleviating the adverse
financial conditions that caused shareholders to express
substantial doubt about the Company's ability to continue as a
going concern are as follows:

The Company's current assets are not deemed to be sufficient
to fund ongoing expenses related to the start up of planned
principal operations. If the Company is not successful in the
start up of business operations which produce positive cash
flows from operations, the Company may be forced to raise
additional equity or debt financing to fund its ongoing
obligations and cease doing business.

Management believes that the Company will be able to operate
for the coming year by obtaining additional loans from Mr.
Couvell, an officer of the Company and from proceeds raised
from an offering of its common stock. However there can be
no assurances that management's plans will be successful.
If additional funds are raised through the issuance of
equity securities, the percentage ownership of the Company's
then current stockholders would be diluted. If additional
funds are raised through the issuance of debt securities,
the Company will incur interest charges until the related
debt is paid off.

The ability of the Company to continue as a going concern
is dependent upon its ability to successfully accomplish
the plan described in the preceding paragraph and eventually
attain profitable operations. The accompanying unaudited
financial statements do not include any adjustments that
might be necessary if the Company is unable to continue as
a going concern.

(Page 7)

ITEM 2. PLAN OF OPERATION

This section of this Quarterly Report includes certain forward-looking
statements that reflect our current views with respect to future events
and financial performance. Forward-looking statements are often identified
by words such as: anticipate, believe, expect, estimate, intend, project,
and similar expressions, or words that, by their meaning, refer to future
events. You should not place undue reliance on such forward-looking
statements. These forward-looking statements apply only as of the date of
this Quarterly Report. These forward-looking statements are subject to
certain risks and uncertainties that could cause actual results to
materially differ from our predictions or historical results.

The Company is a development stage corporation and has not commenced
operations nor generated or realized any revenues from operations.

Our auditors have issued a going concern opinion. This means that our
auditors believe that there is substantial doubt that we will be able
to continue on as an on-going business for the next twelve months. Our
auditor's opinion is based on our suffering initial losses, having no
operations, and having a working capital deficiency. The opinion results
from the fact that we have not generated any revenues and we do not
anticipate any revenues until we complete the development of our website
and commence business operations. We believe that technical elements of
our website will be implemented for use in our intended operations
within ninety days from the date of completion of our offering. As a
result, we must raise cash from sources other than operations to remain
in business. Our only other source for cash at this time is investments
by others in our company. We must raise sufficient cash for the purpose
of implementing our intended business operations. The amount of funds we
raise in our offering will determine the amount of time that we may be
able to remain in business and will also determine the amount of financial
resources that we may devote to marketing, equipment, website development,
and working capital. If we raise less than the maximum amount anticipated
in our offering, then we will devote less financial resources to marketing,
equipment, website development, and working capital.

Mr. McDougall and Mr. Couvell are responsible for our managerial and
organizational structure that will include preparation of disclosure and
accounting controls under the Sarbanes Oxley Act of 2002. When these
controls are implemented, they will be responsible for administration of
these controls. If they do not have adequate experience, then they may
not be capable of creating and implementing the controls and, as a result,
this may cause us to become subject to sanctions and fines by the
Securities and Exchange Commission. Consequently, this could cause the
entire loss of your investment.

(Page 8)

Plan of Operation

Assuming we raise the minimum amount in our public offering, then we
believe we can satisfy our cash requirements for approximately one to
three months. If we raise the maximum amount in our public offering,
then we believe we can satisfy our cash requirements for approximately
nine to twelve months. We will not be conducting any product research
or development. We do not expect to purchase any significant equipment.
Further, we do not expect significant changes in the number of employees.

Upon completion of our public offering, our specific goals are to
profitably sell golf lessons and excursions and to develop and sell golf
instructional videos. We intend to accomplish the foregoing through
achievement of the following milestones:

1. Complete our public offering. We believe this could take up to 180 days
from the date the Securities and Exchange Commission declared our offering
effective on November 30, 2006. We will not begin operations until we
have closed this offering. We intend to concentrate all of our efforts on
raising as much capital as we can during this period.

2. After completing the offering, we expect to commence development of our
website. Assuming that we raise the maximum amount from our offering, then
we expect that the set up cost will be approximately $8,800 with
approximate monthly maintenance costs of $100. The cost would be financed
from the net proceeds raised in our offering. If we do not raise the
maximum amount from our offering, then the amount spent on website
development will be reduced. Less funds available for website development
could negatively affect our ability to attract clientele and, consequently,
our ability to generate revenue would be negatively affected.

3. Approximately ninety days after we complete our offering, we expect to
finalize our marketing plans. In order of priority, (with approximate
allocated funding amounts in brackets), our marketing efforts will be
directed toward the following activities: development and distribution of
marketing literature ($10,000); promotion of our website including
arranging for website listings ($7,500). Industry analyst relations. We
expect that any costs incurred that are directly attributed to establishing
and maintaining operations with industry analysts would be related to
travel and communication ($5,000); advertising, which will include direct
mail and email promotion ($45,000); and attendance and participation at
industry events ($7,500). The costs of implementing our marketing plans
would be financed from net proceeds raised in our offering. In the event
that we raise less than the maximum amount from the offering, then the
amount of funds allocated for marketing activity would be reduced. Less
funds available for marketing activity could negatively affect our
ability to attract clientele and, consequently, our ability to generate
revenue would be negatively affected. Marketing is expected to be a
continuing effort throughout the existence of our operations.

4. Approximately twelve months after we complete our offering, we expect
to be hiring and training employees. Specifically, we anticipate hiring
one secretary/receptionist at a monthly cost of approximately $750, one
accountant/bookkeeper at a monthly cost of approximately $500, and one
golf instructor. The golf instructor would be paid an agreed upon
commission from revenue generated from each customer who pays for lessons
and/or excursions. In the event that we raise less than the maximum
amount from this offering, then the amount of funds allocated for hiring
and training employees would have to be reduced. With fewer or no
employees, our officers/directors would be responsible for all aspects
of our operations. This would likely limit our revenue potential since
more time would be devoted to corporate and administrative matters
rather than attracting customers. The result being that our operations
would be scaled down since our officers/directors would be responsible
for more aspects of our operations.

5. Within 90 days from commencement of our marketing program, we believe
that we will generate business revenue.

Until our website is fully operational, and until our marketing plan is
finalized and implemented, we do not believe that we will attract customers.
Currently, our website is not fully operational and our marketing plan has
not been finalized or implemented. If we do not raise the maximum amount
in our public offering, then we may have to delay, reduce, or eliminate
website development plans and/or marketing plans.

If we are unable to attract customers to use our services, then we may
have to suspend or cease operations. The services that we intend to offer
include: (1) providing golf lessons and excursions to individuals,
companies, and tourists in Vancouver, British Columbia, and Providenciales,
Turks & Caicos Islands. "Excursions" refers to a customer playing one or
more holes of golf with an instructor, and (2) creating, developing, and
selling, golf instructional videos to our customers and other interested
parties.

If we cannot generate sufficient revenues to continue operations, we will
suspend or cease operations. If we cease operations, we do not know what
we will do and we do not have any plans to engage in any other business.

Limited operating history; Need for additional capital.

There is no historical information about us upon which you may base an
evaluation of our performance. We are in development stage operations
and have not generated any revenues. We cannot guarantee we will be
successful in our business operations. Our business is subject to risks
inherent in the establishment of a new business enterprise, including
limited capital resources and possible cost overruns.

To become profitable and competitive, we have to sell our services to
the general public. We are seeking equity financing to provide for the
capital required to implement our operations.

We have no assurance that future financing will be available to us on
acceptable terms. If financing is not available on satisfactory terms,
we may be unable to continue, develop or expand our operations. Equity
financing could result in additional dilution to existing shareholders.

(Page 9)

Results of Operations

From Inception on March 29, 2006, to October 31, 2006.

During this period, we incorporated the company, hired an attorney,
and hired an auditor for the purpose of assisting with preparation of
our Form SB-2 registration statement. We have prepared an internal
business plan. We have reserved the domain name "www.greenirons.com".
Our loss since inception is $15,265.

We have not initiated items 2,3,4 or 5 of our milestones previously
described and will not do so until we have completed our public
offering. Specifically, with reference to item 2 we have not
commenced development of our website. With reference to item 3, we
have not finalized our marketing plan nor have we commenced any
promotion, marketing, or advertising. With reference to item 4, we
have not hired or trained employees. With reference to item 5, we have
not generated any fees.

Since inception, we sold 5,000,000 shares of common stock to our
officers and directors for $500 in cash.

Liquidity and capital resources.

To meet our need for cash we are attempting to raise money from our
public offering. If we raise the minimum amount in our public
offering, we will implement the plan of operation described in
numbered paragraphs 2,3,4 and 5 above. We cannot guarantee that once
we begin operations we will stay in business after operations have
commenced. If we are unable to successfully attract customers to
utilize our services, then we may quickly use the proceeds from the
mimimum amount of money from this offering and will need to find
alternative financial sources, like a second public offering, a
private placement of securities, or loans from our officers or
others in order for us to maintain our operations. Currently, we
have not made any arrangements to raise additional cash, other than
through this offering.

Our President, Andrew Couvell, is willing to commit to loan us money
for our operations until the offering has been completed or until
the offering period has expired. There are no documents setting
forth this agreement.

Pursuant to our verbal agreement with Mr. Couvell, if only nominal
funds or no funds are raised in our offering then Mr. Couvell has
agreed not to seek repayment of expenses that he has paid on our
behalf and we will not be liable to Mr. Couvell or any other party
for payment of expenses undertaken by Mr. Couvell on our behalf.
If we do not raise the minimum amount in this offering, we wil not
be able to satisfy our cash requirements and will immediately go
out of business.

Currently, we have not made any arrangements to raise additional cash,
other than through our public offering. If we need additional cash
and cannot raise additional cash, then we will either have to suspend
operations until we do raise sufficient cash, or cease operations
entirely. If we raise the minimum amount of money from our public
offering, then these funds will be sufficient to fund our operations
for approximately one to three months. Other than as described in
this paragraph, we have no other financing plans.

As of the date of this report, we have not generated any revenues
from our business operations.

We issued 5,000,000 shares of common stock pursuant to the exemption
from registration contained in section 4(2) of the Securities Act
of 1933. This was accounted for as a sale of common stock.

As of October 31, 2006, our total assets were $4,547 and our total
liabilities were $17,280, all of which is owed to Andrew Couvell,
and is noted as a related party liability. Our President, Andrew
Couvell's advances were used to pay legal fees, accounting fees,
incorporation and corporate filing fees, and general and
administrative expenses.

Mr. Couvell is willing to loan us funds needed to fund operations
until the offering has been completed. Operations include, but
are not limited to, filing reports with the Securities and Exchange
Commission as well as business activities comtemplated by our
business plan. Our current liabilities to Mr. Couvell do not have
to be paid at this time, but may be repaid from the proceeds of
this offering.

(Page 10)

ITEM 3. CONTROLS AND PROCEDURES

(a) Evaluation of Disclosure Controls and Procedures:

Disclosure controls and procedures are designed to ensure that
information required to be disclosed in the reports filed or
submitted under the Exchange Act is recorded, processed,
summarized and reported, within the time period specified in the
SEC's rules and forms. Disclosure controls and procedures include,
without limitation, controls and procedures designed to ensure
that information required to be disclosed in the reports filed
under the Exchange Act is accumulated and communicated to
management, including the Chief Executive Officer and Chief
Financial Officer, as appropriate, to allow timely decisions
regarding required disclosure. As of the end of the period covered
by this report, we carried out an evaluation, under the supervision
and with the participation of our management, including our Chief
Executive Officer and Chief Financial Officer, of the effectiveness
of the design and operation of our disclosure controls and procedures.
Based upon and as of the date of that evaluation, the Chief Executive
Officer and Chief Financial Officer concluded that our disclosure
controls and procedures are effective to ensure that information
required to be disclosed in the reports is properly disclosed, and
is submitted, processed, summarized and reported as and when
required under the Exchange Act.

(b) Changes in Internal Control over Financial Reporting.

There were no changes in our internal control over financial reporting
identified in connection with our evaluation of these controls as of
the end of the period covered by this report that could have affected
those controls subsequent to the date of the evaluation referred to
in the previous paragraph, including any correction action with regard
to deficiencies and material weakness.

There were no changes in our internal controls or in other factors that
could affect these controls subsequent to the date of their evaluation,
including any deficiencies or material weaknesses of internal controls
that would require corrective action.

(Page 11)

PART II - OTHER INFORMATION

ITEM 2. CHANGES IN SECURITIES AND USE OF PROCEEDS

On November 30, 2006, the Securities and Exchange Commission declared
our Form SB-2 Registration Statement effective, file number 333-135225,
permitting us to offer up to 2,000,000 shares of common stock at $0.10
per share. There was no underwriter involved in our public offering.
As of October 31, 2006 and up through December 12, 2006, we have not
sold any shares in our public offering.

ITEM 6. EXHIBITS

The following Exhibits are attached hereto:

Exhibit No.        Document Description

31.1               Certification of Principal Executive Officer and
                   Principal Financial Officer pursuant to Rule
                   13a-15(e) and 15d-15(e), promulgated under the
                   Securities and Exchange Act of 1934, as amended.

32.1               Certification pursuant to 18 U.S.C. Section 1350,
                   as adopted pursuant to Section 906 of the
                   Sarbanes-Oxley Act of 2002 (Chief Executive Officer
                   and Chief Financial Officer).



SIGNATURES

Pursuant to the requirements of the Exchange Act, the Registrant has
caused this report to be signed on its behalf by the undersigned thereunto
duly authorized on this 12th day of December, 2006.


GREEN IRONS HOLDINGS CORP.

By: /s/ ANDREW COUVELL
        Andrew Couvell
        President, Chief Executive Officer, Chief Financial Officer
        and Principal Accounting Officer


(Page 12)