**SECURITIES
      AND EXCHANGE COMMISSION**




**Washington,
      D.C. 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 June 30, 2007 or




**o   
      Transition report pursuant to Section 13 or 15(d) of the Securities
      Exchange Act of 1934**




**Commission
      File Number:** **000-52015**




**URON
      Inc.**


(Exact
      Name of Registrant as Specified in its Charter)




Minnesota
            
            47-0848102(State
                or Other Jurisdiction of Incorporation or Organization)
            
            (I.R.S.
                Employer Identification Number)




9449
      Science Center Drive, New Hope, MN 55428


(Address
      of Principal Executive Offices) (Zip Code)




Registrant’s
      telephone number, including area code: (763) 504-3000





N/A


(Former
      name, former address and former fiscal year, if changed since last
      report)




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 o




Indicate
      by check mark whether the registrant is a shell company (as defined in
      Rule 12b-2 of the Exchange Act).




Yes xNo o




Indicate
      by check mark whether the registrant is a large accelerated filer, an
      accelerated filer, or a non-accelerated filer. See definition of “accelerated
      filer and large accelerated filer” in Rule 12b-2 of the Exchange Act.
      (Check one):




Large
      accelerated filer oAccelerated filer o
      Non-accelerated
      filer x




APPLICABLE
      ONLY TO CORPORATE ISSUERS




As
      of
      August 14, 2007, the following securities of the Registrant were
      outstanding: 7,510,255 shares of common stock, no par value per
      share.




Transitional
      Small Business Disclosure Format (Check One): Yes oNo x









**URON
      Inc.**




Index




**PART
                I. FINANCIAL INFORMATION**
            **3****Item
                1. Financial Statements**
            **3****Item
                2. Management’s Discussion and Analysis or Plan of
                Operation**
            **12****Item
                3. Controls and Procedures**
            **16****PART
                II. OTHER INFORMATION**
            **18****Item 1.
                Legal Proceedings**
            **18****Item 2.
                Unregistered Sales of Equity Securities and Use of
                Proceeds**
            **18****Item 3.
                Defaults upon Senior Securities Securities**
            **18****Item 4.
                Submission of Matters to a Vote of Security
                Holders**
            **18****Item 5.
                Other Information**
            **19****Item 6.
                Exhibits**
            **19****SIGNATURES**
            **20****EXHIBIT
                31.1****EXHIBIT
                32.1**




2


**PART
        I. FINANCIAL INFORMATION**
 
 **Item
        1. Financial Statements**
 
 **URON
        INC.**
 **BALANCE
        SHEETS**
  June
                  30, 2007 (unaudited)
              
              December
                  31,
                2006
                  (audited)**ASSETS****CURRENT
                  ASSETS**Cash
              
              $
              2,823
              
              $
              1,523Accounts
                  receivable, net
              
              
              2,212
              
              
              1,551Related
                  party receivable
              
              
              6,177
              
              
              -Other
                  current assets
              
              
              32,208
              
              
              67,958Total
                  current assets
              
              
              43,420
              
              
              71,032**TOTAL
                  ASSETS**
              
              $
              43,420
              
              $
              71,032**LIABILITIES
                  AND STOCKHOLDERS’ EQUITY (DEFICIT)****CURRENT
                  LIABILITIES**Short-term
                  debt
              
              $
              73,500
              
              $
              14,000Accounts
                  payable
              
              
              20,188
              
              
              10,401Deferred
                  revenue
              
              
              4,040
              
              
              2,167Accrued
                  interest
              
              
              -
              
              
              167Related
                  party payable
              
              
              -
              
              
              4,914****Total
                  current liabilities
              
              
              97,728
              
              
              31,649**STOCKHOLDERS’
                  EQUITY (DEFICIT)**Common
                  stock, no par value (200,000,000 shares authorized, 5,410,255 and
                  4,710,255 shares issued and outstanding)
              
              
              279,800
              
              
              234,800Accumulated
                  deficit
              
              
              (334,108
              )
              
              (195,417
              )****Total
                  stockholders’ equity (deficit)
              
              
              (54,308
              )
              
              39,383**TOTAL
                  LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT)**
              
              $
              43,420
              
              $
              71,032
  See
                  accompanying notes to financial
                  statements.
  3
  **URON
        INC.**
 **STATEMENTS
        OF OPERATIONS**
 
 Three
                  Months Ended
              
              Six
                  Months EndedJune
                  30, 2007 (unaudited)
              
              June
                  30, 2006 (unaudited)
              
              June
                  30, 2007 (unaudited)
              
              June
                  30, 2006 (unaudited)**REVENUES**
              
              $
              16,106
              
              $
              24,199
              
              $
              30,425
              
              $
              61,211**COSTS
                  AND EXPENSES**Cost
                  of products and services
              
              
              512
              
              
              5,726
              
              
              1,546
              
              
              17,808Selling,
                  general and administrative
              
              
              98,711
              
              
              21,718
              
              
              165,173
              
              
              39,788Total
                  Costs and Expenses
              
              
              99,223
              
              
              27,444
              
              
              166,719
              
              
              57,596**INCOME(LOSS)
                  FROM OPERATIONS**
              
              
              (83,117
              )
              
              (3,245
              )
              
              (136,294
              )
              
              3,615**OTHER
                  EXPENSE**Interest
                  expense
              
              
              (1,474
              )
              
              -
              
              
              (2,397
              )
              
              -**INCOME(LOSS)
                  BEFORE EXPENSE FROM INCOME TAXES**
              
              
              (84,591
              )
              
              (3,245
              )
              
              (138,691
              )
              
              3,615**INCOME
                  TAX EXPENSE (BENEFIT)**
              
              
              -
              
              
              (1,255
              )
              
              -
              
              
              1,445**NET
                  INCOME(LOSS)**
              
              $
              (84,591
              )
              $
              (1,990
              )
              $
              (138,691
              )
              $
              2,170**BASIC
                  AND DILUTED – LOSS PER COMMON SHARE**
              
              $
              (0.02
              )
              $
              (0.00
              )
              $
              (0.03
              )
              $
              (0.00
              )**WEIGHTED
                  AVERAGE SHARES OUTSTANDING – BASIC AND DILUTED**
              
              
              5,410,255
              
              
              10,000,000
              
              
              5,216,885
              
              
              10,000,000
  See
                  accompanying notes to financial
                  statements.
  4
  **URON
        INC.**
 **STATEMENTS
        OF CASH FLOWS**
 **FOR
        THE SIX MONTHS ENDED JUNE 30, 2007 AND 2006**
 **(UNAUDITED)**
 SIX
                    MONTHS ENDED
                  JUNE
                    30,2007
                
                2006**OPERATING
                    ACTIVITIES**Net
                    income (loss)
                
                $
                (138,691
                )
                $
                2,170Adjustments
                    to reconcile net income (loss) to cash flows from operating
                    activities:Change
                    in allowance for doubtful accounts receivable
                
                
                (900
                )
                
                (4,400
                )Changes
                    in operating assets and liabilities:Accounts
                    receivable
                
                
                239
                
                
                7,998Other
                    current assets
                
                
                80,750
                
                
                -Accounts
                    payable
                
                
                9,787
                
                
                (2,565
                )Deferred
                    revenue
                
                
                1,873
                
                
                (580
                )Accrued
                    interest
                
                
                (167
                )
                
                -Related
                    party receivable/payable
                
                
                (11,091
                )
                
                (2,623
                )Net
                    cash flows from operating activities
                
                
                (58,200
                )
                
                -**FINANCING
                    ACTIVITIES**Proceeds
                    from notes payable
                
                
                59,500
                
                
                -Net
                    cash flows from financing activities
                
                
                59,500
                
                
                -**INCREASE
                    IN CASH**
                
                
                1,300
                
                
                -**CASH,
                    BEGINNING OF PERIOD**
                
                
                1,523
                
                
                -**CASH,
                    END OF PERIOD**
                
                $
                2,823
                
                $
                -**CASH
                    PAID FOR INTEREST**
                
                $
                2,564
                
                $
                -**SUPPLEMENTAL
                    DISCLOSURE OF NON-CASH FINANCING ACTIVITIES**Common
                    stock issued in lieu of cash for prepaid management
                    services
                
                $
                45,000
                
                $
                -
  See
        accompanying notes to financial statements.
  5


**URON
      INC.**


**NOTES
      TO FINANCIAL STATEMENTS**


**JUNE
      30, 2007 AND 2006**





**Note
      1 – Summary of Significant Accounting Policies**




**Presentation**




The
      accompanying financial statements were prepared by URON Inc. (“URON” or the
“Company”) without an audit, pursuant to the rules and regulations of the
      Securities and Exchange Commission (“SEC”). 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 pursuant to such rules and regulations, although
      the Company believes the disclosures made herein are adequate to make the
      information presented not misleading.




In
      the
      opinion of management, the financial statements include all adjustments
      (consisting only of normal recurring adjustments) necessary to fairly present
      the financial condition, results of operations, and cash flows for the periods
      presented. Results of operations for the periods presented are not necessarily
      indicative of results to be expected for any other interim period or for the
      full year. These financial statements should be read in conjunction with the
      Company’s financial statements for the year ended December 31, 2006 and notes
      thereto in its Form 10-KSB for the year ended December 31, 2006.




**Nature
      of business** **–**
      URON Inc. (the Company or URON) was incorporated on November 4, 2001 in the
      State of Minnesota. The Company provides dial-up internet services to a business
      enterprise and to subscribers in multi-dwelling units in Texas, Illinois,
      Florida, Massachusetts, Minnesota, Michigan and South Carolina.




Prior
      to
      August 10, 2006, URON was wholly-owned by Multiband Corporation ("Multiband").
      On August 10, 2006, Multiband distributed approximately 49% of its ownership
      to
      the holders of Multiband's common stock and certain other contingent rights
      holders, pro rata based on their ownership (the "Spin-Off").




On
      August
      10, 2006, certain Multiband shareholders of record and certain contingent right
      holders were issued a stock dividend of URON common stock based on the holders’
ownership of Multiband shares or rights as of May 1, 2006. The holders received
      .05 shares of URON common stock for each share or right to a share of Multiband
      common stock held on the record date. This stock dividend (the "Spin-Off")
      was
      equal to approximately 49% of Multiband’s ownership in URON, and included
      581,609 shares ("Contingent Shares") which continue to be held in trust by
      Multiband for the benefit of certain Multiband warrant holders as of December
      31, 2006. The Contingent Shares will be delivered to these persons if and when
      the warrants are exercised. If the warrants expire unexercised, the Contingent
      Shares will default to Multiband. Prior to the Spin-Off, Multiband redeemed
      5.3
      million of the 10 million shares of URON stock outstanding as of June 30, 2006,
      resulting in 4.7 million shares outstanding as of the date of the
      Spin-Off.




On
      August
      11, 2006, Multiband sold its remaining approximate 51% interest in URON to
      Lantern Advisers, LLC for $75,000 in cash. URON also signed a one-year
      management agreement with Multiband effective August 1, 2006. This agreement
      called for a fixed payment of $116,500 plus additional fees for specified
      services as described in the agreement.




During
      all periods presented, URON was provided certain services from Multiband and
      a
      related Multiband subsidiary, including general bookkeeping and customer
      services.




6




**URON
      INC.**


**NOTES
      TO FINANCIAL STATEMENTS**


**JUNE
      30, 2007 AND 2006**




The
      selling, general and administrative expense on the statement of operations
      includes $36,981 and $6,600 related to these services for the three months
      ended
      June 30, 2007 and 2006, respectively. For the six months ended June 30, 2007
      and
      2006 the charges for services reflected in the statement of operations is
      $74,119 and $15,426, respectively.




The
      financial information included herein does not necessarily reflect what the
      financial position and results of operations of URON would have been had it
      operated as a stand-alone entity during the three and six months ended June
      30,
      2006, and may not be indicative of future operations or financial
      position.




The
      accompanying financial statements have been prepared assuming the Company will
      continue as a going concern that contemplates the realization of assets and
      satisfaction of liabilities in the normal course of business. For the six months
      ended June 30, 2007 and 2006, the Company reported net income (loss) of
      ($138,691) and $2,170, respectively. At June 30, 2007, the Company had an
      accumulated deficit of $334,108. The Company intends to fund its short-term
      (i.e. next twelve months) capital needs, which it believes to be minor, from
      future stockholder loans or equity contributions (See Note 6).




**Accounts
      receivable** - At
      June 30, 2007 and December 31, 2006, URON had allowances for doubtful accounts
      of $2,400 and $3,300, respectively. URON believes its accounts receivable are
      fully collectible, net of allowance. Accounts receivable over 60 days are
      considered past due. The Company accrues interest on past due accounts
      receivables. If accounts receivable are determined uncollectible, they are
      charged to expense in the year that determination is made. URON extends
      unsecured credit to customers in the normal course of business.




**Related
      Party Receivable** - There
      are no intercompany purchase or sale transactions between Multiband, URON,
      and
      other Multiband subsidiaries. Cash receipts from URON customers are collected
      by
      a wholly-owned subsidiary of Multiband, Multiband Subscriber Services, Inc.
      ("MSS"). Multiband is continuing to provide such services after the Spin-Off
      pursuant to a written agreement dated August 1, 2006.




Cash
      receipts collected by MSS are netted with payments to URON's vendors, also
      made
      by MSS. These transactions are recorded as a related party receivable/payable.
      As of June 30, 2007, the outstanding balance of the related party receivable
      was
      $6,177 compared to a payable of $4,914 at December 31, 2006.




One
      of
      Multiband's subsidiaries provides bookkeeping and customer services to URON.
      For
      the period prior to the Spin-off, Multiband allocated its costs to URON based
      on
      actual time used for bookkeeping services and costs as a percentage of total
      subscribers serviced by the customer service department. For the period
      following the Spin-off, the Company pays Multiband as stated per the management
      agreement (See Note 1).




**Revenue
      Recognition** - URON
      earns revenue through monthly user charges to its dial-up internet subscribers.
      URON recognizes revenue in accordance with the Securities Exchange Commission's
      Staff Accounting Bulletin No. 104 (SAB 104) "Revenue Recognition", which
      requires that four basic criteria be met before revenue can be recognized:
      (i)
      persuasive evidence of a customer arrangement exists; (ii) the price is fixed
      or
      determinable; (iii) collectibility is reasonably assured; and (iv) product
      delivery has occurred or services have been rendered.




7




**URON
      INC.**


**NOTES
      TO FINANCIAL STATEMENTS**


**JUNE
      30, 2007 AND 2006**




URON's
      user charges are recognized as revenues in the period the related services
      are
      provided in accordance with SAB 104. Any amounts billed prior to services being
      provided are reported as deferred service obligations and revenues.




**Deferred
      Revenue** -
      URON
      bills for services in the month prior to providing the service. Deferred revenue
      is recognized as revenues in the period the related services are provided in
      accordance with SAB 104.




**Costs
      of Products and Services** -
      Costs
      of products and services consist of internet carrier circuit
      charges.




**Selling,
      General and Administrative Expense** -
      Selling, general and administrative expenses consist of payments to
      subcontractors, commission payments to owners of multi-dwelling-units and
      corporate parent expense allocations for the period from January 1, 2006 to
      the
      date of the spin off.




**Net
      Loss per Common Share** - Basic
      net loss per common share is computed by dividing the net loss by the weighted
      average number of common shares outstanding for the reporting period. Diluted
      net loss per common share is computed by dividing net loss by the sum of the
      weighted average number of common shares outstanding. The Company did not have
      any common share equivalents during the three and six months ended June 30,
      2007
      and 2006.




**Financial
      Instruments** -
      The
      carrying amounts for all financial instruments approximates fair value. The
      carrying amounts for accounts receivable and accounts payable approximate fair
      value because of the short maturity of these instruments.




**Management's
      Use of Estimates** - The
      preparation of financial statements in conformity with accounting principles
      generally accepted in the United States of America requires 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.




**Legal
      Proceedings** - URON
      may, from time to time, be involved in litigation and claims arising out of
      its
      operations in the normal course of its business. As of August 14, 2007, URON
      is
      not a party to any material legal proceedings.




**Recently
      Issued Accounting Pronouncements -** In
      February 2007, the Financial Accounting Standards Board (“FASB”) issued
      Statement of Financial Accounting Standards (“SFAS”) No. 159, “The Fair Value
      Option for Financial Assets and Financial Liabilities - Including an amendment
      of FASB Statement No. 115” (“SFAS No. 159”). SFAS No. 159 permits entities to
      elect to measure many financial instruments and certain other items at fair
      value. Upon adoption of SFAS No. 159, an entity may elect the fair value option
      for eligible items that exist at the adoption date. Subsequent to the initial
      adoption, the election of the fair value option may only be made at initial
      recognition of the asset or liability or upon a re-measurement event that gives
      rise to new-basis accounting. The decision about whether to elect the fair
      value
      option is applied on an instrument-by-instrument basis, is irrevocable and
      is
      applied only to an entire instrument and not only to specified risks, cash
      flows
      or portions of that instrument.
      SFAS No. 159 does not affect any existing accounting literature that requires
      certain assets and liabilities to be carried at fair value nor does it eliminate
      disclosure requirements included in otheraccounting
      standards. SFAS No. 159 is effective for fiscal years beginning after November
      15, 2007. The Company is currently evaluating the impact of adopting SFAS No.
      159 on their respective financial position and results of operations.




8




**URON
      INC.**


**NOTES
      TO FINANCIAL STATEMENTS**


**JUNE
      30, 2007 AND 2006**




**Note
      2 – Short-term Debt**




In
      December 2006, the Company entered into short-term debt agreements with four
      of
      its shareholders. These unsecured notes amount to $3,500 each, due and payable
      in June 2007 with simple interest at 12.0%. One of the notes is with the CEO
      and
      director of the Company.




In
      March
      2007, the Company borrowed $59,500 from certain shareholders. These notes are
      unsecured, due and payable in June 2007 with simple interest at 12%. $3,500
      of
      the amount borrowed was from the Company’s CEO and director of the Company and
      $26,250 was borrowed from a greater than 5% shareholder.




Accrued
      interest on all notes was paid in full in the amount of $2,564.




Subsequent
      to quarter end, all notes were converted to common stock (See Note
      6).




**Note
      3 – Service Agreements**




The
      Company entered into an employment agreement with Don Miller in February 2007.
      The Company issued 500,000 shares of common stock to Mr. Miller in consideration
      of services that have been and will be provided during 2007. The shares were
      valued at $25,000 using the fair market value of the stock on the date of the
      agreement.




In
      February 2007, the Company entered into an agreement with Lantern Advisers,
      LLC
      to issue 200,000 shares valued at $0.10 per share in consideration for services
      that have been and will be provided during 2007.




**Note
      4 – Income Taxes**




URON
      utilizes the liability method of accounting for income taxes. Under this method,
      deferred tax assets and liabilities are recognized for the expected future
      tax
      consequences attributable to temporary difference between the financial
      statement and income tax reporting bases of assets and liabilities. Deferred
      tax
      assets are reduced by a valuation allowance to the extent that realization
      is
      not assured. For the period prior to the Spin-Off, URON has filed a consolidated
      tax return with the parent company, Multiband Corporation. All of the net
      operating losses prior to the spin-off were allocated to the parent company
      (Multiband) and no deferred tax assets or liabilities have been recorded. For
      the period following the Spin-Off, the Company has recorded a full valuation
      allowance against its deferred tax asset due to the uncertainty of realizing
      the
      related benefits.




Effective
      January 1, 2007, the Company adopted the provisions of FASB Interpretation
      No.
      48 (FIN 48), “Accounting for Uncertainty in Income Taxes **–** an
      interpretation of FASB Statement No. 109”. FIN 48 clarifies the accounting for
      uncertainty in income taxes recognized in an enterprise’s financial statements
      in accordance with FASB Statement 109, “Accounting for Income Taxes”, and
      prescribes a recognition threshold and measurement process for financial
      statement recognition and measurement of a tax position taken or expected to
      be
      taken in a tax return. FIN 48 also provides guidance on de-recognition,
      classification, interest and penalties, accounting interim periods, disclosure
      and transition.





9




**URON
      INC.**


**NOTES
      TO FINANCIAL STATEMENTS**


**JUNE
      30, 2007 AND 2006**




The
      Company has completed its evaluation of the effects of FIN 48 and has concluded
      that there are no significant unrecognized tax benefits. We do not believe
      there
      will be any material changes in our unrecognized tax positions over the next
      12
      months.




To
      the
      extent interest and penalties would be assessed by taxing authorities on any
      underpayment of income taxes, such amounts would be accrued and classified
      as a
      component of income tax expenses on the statement of operations. The Company
      is
      subject to federal tax examinations by tax authorities for the 2006 tax year.
      The Company is open to state tax audits until the applicable statute of
      limitations expires.





The
      Company has generated federal and state net operating losses of approximately
      $50,000 which, if not used, will begin to expire in 2026. Future changes in
      the
      stock ownership of the Company may place limitations on the use of these net
      operating loss carryforwards.




The
      Company recorded a provision for (benefit from) income taxes of $0 and ($1,255)
      for the three months ended June 30, 2007 and 2006, respectively. For the six
      months ended June 30, 2007 and 2006, the provision for (benefit from) income
      taxes was $0 and $1,445, respectively.




**Note
      5 – Major Customer**




The
      Company did not have a major customer for the three or six months ended June
      30,
      2007. The Company had sales to one customer that accounted for 24% of total
      revenues for the six months ended June 30, 2006. Accounts receivable from the
      same customer accounted for approximately 12% of total accounts receivable
      at
      June 30, 2006.




**Note
      6 – Subsequent Events**




On
      July
      2, 2007, the Company offered and sold 2,100,000 shares of the Company’s common
      stock in a private placement exempt from registration under the Securities
      Act
      of 1933.




In
      connection with the private placement, the Company entered into a Conversion
      Agreement with each purchaser of the shares. In each Conversion Agreement,
      shares were offered and sold in full satisfaction of the Company’s outstanding
      principal balances on certain promissory notes aggregating $73,500, at the
      per-share price of $0.035. Prior to the conversions, the Company had fully
      satisfied all accrued but unpaid interest owing under the promissory notes.
      In
      the transaction, Donald Miller, the Company’s Chief Executive Officer and a
      director of the Company, received 100,000 shares in satisfaction of a $3,500
      promissory note held by him. Lantern Advisers, LLC, the holder of approximately
      47.8% of the Company’s outstanding common stock, received 550,000 shares in
      satisfaction of a $19,250 promissory note. The terms and conditions of the
      Conversion Agreements entered into with Mr. Miller and Lantern Advisers were
      in
      all respects identical to those entered into with other holders of promissory
      notes.




On
      July
      5, 2007, the Company entered into a $20,000 unsecured promissory note with
      Lantern Advisors, LLC, a shareholder of the company. The promissory note bears
      an interest rate of twenty-four (24) percent per annum and matures on July
      5,
      2008. The note provides for interest to be paid on a monthly basis and for
      principal to be due and payable at the end of the one-year term. As further
      consideration for the financing, the Company issued a five-year warrant to
      purchase up to 200,000 shares of common stock with an exercise price of $0.15
      per share, subject to adjustment as defined in the agreement.




10




**URON
      INC.**


**NOTES
      TO FINANCIAL STATEMENTS**


**JUNE
      30, 2007 AND 2006**




On
      July
      5, 2007, the Company entered into a $10,000 unsecured promissory note with
      Donald Miller, the Company’s Chief Executive Officer and a director of the
      Company. The promissory note bears an interest rate of twenty-four (24) percent
      per annum and matures on July 5, 2008. The note provides for interest to be
      paid
      on a monthly basis and for principal to be due and payable at the end of the
      one-year term. As further consideration for the financing, the Company issued
      a
      five-year warrant to purchase up to 100,000 shares of common stock with an
      exercise price of $0.15 per share, subject to adjustment as defined in the
      agreement.





The
      proceeds of the loans were allocated based on the relative fair value of the
      loan and the warrants granted in accordance with ABP 14, “Accounting for
      Convertible Debt and Debt Issued with Stock Purchase Warrants”. The portion of
      the proceeds allocated to the warrants was accounted for as additional
      paid-in-capital. The remainder of the proceeds was allocated to the debt portion
      of the transactions. This resulted in issuing the loans at a discount of
      approximately $17,000, which will be amortized to interest expense, using the
      effective interest rate method, over the term of the loan.





August
      10, 2007, the Company entered into a letter of intent with Checkmate Consumer
      Lending Corporation, a Delaware corporation, and Wyoming Financial Lenders,
      Inc., a Wyoming corporation. The letter of intent contemplates a reverse
      triangular merger in which the Company would acquire both Checkmate Consumer
      Lending Corporation and Wyoming Financial Lenders in exchange for the issuance,
      to the shareholders of those entities, of URON common and convertible preferred
      stock that equals approximately 95.7% of the capital stock of the Company on
      a
      fully diluted basis. After the consummation of the transaction, each of
      Checkmate Consumer Lending Corporation and Wyoming Financial Lenders would
      be
      wholly owned subsidiaries of the Company.





Wyoming
      Financial Lenders and Checkmate Consumer Lending Corporation are payday lenders
      and check cashers and managers of such businesses, respectively. Wyoming
      Financial Lenders currently has approximately 51 stores in approximately ten
      states.





Except
      for certain provisions relating to confidentiality and exclusivity, the letter
      of intent is not legally binding, and instead sets forth the current intent
      of
      the parties to negotiate a definitive agreement for the contemplated
      transaction. In addition, the letter of intent contemplates that each party
      will
      have the right to conduct a due-diligence investigation of the other parties
      prior to entering into a definitive agreement. The closing of any transaction
      will be subject to certain other conditions, customary and otherwise, that
      are
      expected to be a part of any definitive agreement. Currently, the Company
      expects that any transaction arising out of the letter of intent will be closed
      before December 31, 2007.





11




**Item
      2. Management’s Discussion and Analysis or Plan of
      Operation** ****




**Forward
      Looking Statements**




Except
      for the historical information contained herein, the matters discussed in this
      Report on Form 10-QSB are forward-looking statements involving risks and
      uncertainties that could cause actual results to differ materially from those
      in
      such forward-looking statements. Numerous factors, risks and uncertainties
      affect the Company’s operating results and could cause the Company’s actual
      results to differ materially from forecasts and estimates or from any other
      forward-looking statements made by, or on behalf of, the Company, and there
      can
      be no assurance that future results will meet expectations, estimates or
      projections. Further information regarding these and other risks is included
      in
      the “Risk Factors” section of our annual report on Form 10-KSB, as well as the
      supplementary disclosures contained in our quarterly report on Form
      10-QSB.




**Overview**




URON
      is a
      Minnesota corporation formed in 2001. Multiband, its former parent company,
      purchased the stock of the Company from the Company's prior owners in January
      2004. URON has never filed for bankruptcy, receivership or similar proceeding,
      nor has the Company ever been involved in a merger, restructuring or sale of
      assets other than the aforementioned sale of its stock to
      Multiband.




On
      August
      10, 2006, Multiband distributed URON common stock as a pro-rata dividend to
      all
      holders of Multiband common stock and certain contingent rights holders of
      Multiband as of May 1, 2006, as more fully described in the Information
      Statement distributed to the Multiband distributees (filed as Exhibit 99.1
      to
      URON's Form 10-SB.)




URON’s
      business is comprised of approximately 700 customers using its dial up internet
      services and paying a monthly recurring fee for said services. The subscribers
      are generally located in multi-unit dwellings in the Midwest, Texas, South
      Carolina and Florida. URON provides ISP functionality for its customers by
      providing billing and technical call center support over the phone. URON's
      call
      center also monitors systems installed at multi-dwelling-units in the field
      to
      regulate customer bandwidth and supervise end-user activity. As the provision
      of
      Internet services is a largely unregulated activity, the Company does not
      presently require any government approval to provide its services. This may
      or
      may not change in the future, however, as various legislation continues to
      be
      preferred at state and Federal levels with regards to taxing and/or regulating
      internet services.




During
      the three months ended March 31, 2007, Subway discontinued its business with
      us.
      We anticipate that we will have difficulty replacing the Subway revenue in
      a
      short period of time. The loss of this customer accounted for approximately
      15%
      of the customer base.




During
      the second quarter the Company solicited mergers or acquisitions with other
      communication companies with no response.




URON
      has
      no full-time employees as of June 30, 2007. The Company utilizes billing and
      customer service personnel from its former parent, Multiband. Multiband is
      continuing to provide such services after the Spin-Off pursuant to a written
      agreement dated August 1, 2006.




URON
      does
      not own or lease any real or personal property. Instead, URON relies on
      Multiband, its former parent, for personnel and office support services pursuant
      to an agreement dated August 1, 2006, titled "URON Management Agreement." Under
      the terms of that agreement, Multiband provides telephone support services
      to
      Company customers, and sales fulfillment and support services for the Company
      with respect to prospective customers. In addition, Multiband processes and
      prepares invoices to Company customers. In exchange, Multiband charged the
      Company for fixed up-front fee of $116,500, in addition to the following
      charges: a customer service and billing charge of $3.25 per subscriber per
      month, a three percent change on credit card processing and a $2.00 setup fee
      for new customers. Accounting and legal assistance procured by Multiband on
      behalf of the Company is billed at cost. Charges for the above-described
      services were $36,981 and $6,600 for the three months ended June 30, 2007 and
      2006, respectively. For the six months ended June 30, 2007 and 2006 the charges
      for these services was $74,119 and $15,426, respectively.




12




An
      investment in the Company’s common stock is subject to significant risks. For a
      summary of these risks, please see the “Risk Factors” section of our annual
      report on Form 10-KSB.




**Results
      of Operations**




**Three
      Months Ended June 30, 2007 versus Three Months Ended June 30,
      2006**




**Revenues**




URON
      Inc.'s revenues decreased from $24,199 in second quarter of 2006 to $16,106
      in
      the second quarter of 2007, reflecting the decline in subscribers of the
      Company's dial up internet services due to increased competition from high-speed
      internet providers and loss of our largest customers.




**Cost
      of Products and Services**




The
      Company's cost of products and services, which consist of internet carrier
      circuit charges, decreased by approximately 91%
      to
      $512 for the quarter ended June 30, 2007 compared to $5,726 for the same quarter
      last year. The decrease in costs is directly related to the decrease in
      customers and revenue. The
      disproportionate decrease in cost of products compared to the decrease in
      revenues is attributable to a change in the allocation of costs between
      Multiband and URON, which began during the fourth quarter of 2006.




**Selling,
      General and Administrative Expenses**




Selling,
      general and administrative expenses were $98,711 in the second quarter of 2007
      versus $21,718 in the prior year period, reflecting increased legal and
      accounting costs, increased costs for call center billing and support pursuant
      to the August 2006 Multiband agreement, and additional costs related to service
      agreements entered into in the first quarter of 2007.




**Income
      Tax**




The
      Company recorded no income tax benefit in the second quarter of 2007 compared
      to
      an income tax benefit of $1,255 in the second quarter of 2006, reflecting
      adjustments to the valuation allowance of net deferred tax assets resulting
      from
      net operating loss carryforwards. For the period following the Spin-Off, the
      Company has recorded a full valuation allowance against its deferred tax asset
      due to the uncertainty of realizing the related benefits.




**Net
      Loss**




URON
      had
      a net loss of $84,591 in the second quarter of 2007 versus net loss of $1,990
      in
      the prior year period. The loss in 2007 was primarily due to decreased revenues
      and increased selling, general, and administrative expense.




13




**Results
      of Operations**




**Six
      Months Ended June 30, 2007 versus Six Months Ended June 30,
      2006**




**Revenues**




URON
      Inc.'s revenues decreased from $61,211 in the first six months of 2006 to
      $30,425 in the first six months of 2007, reflecting the decline in subscribers
      of the Company's dial up internet services due to increased competition from
      high-speed internet providers and loss of our largest customer.




**Cost
      of Products and Services**




The
      Company's cost of products and services, which consist of internet carrier
      circuit charges, decreased by approximately 91% to $1,546 for the six months
      ended June 30, 2007 compared to $17,808 for the first six months of 2007. The
      decrease in costs is directly related to the decrease in customers and revenue.
      The disproportionate decrease in cost of products compared to the decrease
      in
      revenues is attributable to a change in the allocation of costs between
      Multiband and URON, which began during the fourth quarter of 2006.




**Selling,
      General and Administrative Expenses**




Selling,
      general and administrative expenses were $165,173 in the first six months of
      2007 versus $39,788 in the first six months of 2006, reflecting increased legal
      and accounting costs, increased costs for call center billing and support
      pursuant to the August 2006 Multiband agreement, and additional costs related
      to
      service agreements entered into in the first quarter of 2007.




**Income
      Tax**




The
      Company recorded no income tax expense in the first six months of 2007 compared
      to income tax expense of $1,445 in the first six months of 2006. For the period
      following the Spin-Off, the Company has recorded a full valuation allowance
      against its deferred tax asset due to the uncertainty of realizing the related
      benefits.




**Net
      Loss**




URON
      had
      a net loss of $138,691 in the first six months of 2007 versus net income of
      $2,170 in the first six months of 2006. The loss in 2007 was primarily due
      to
      decreased revenues and increased selling, general, and administrative
      expense.





**Liquidity
      and Capital Resources**





URON's
      working capital needs in the first six months of 2006 were funded principally
      by
      its former parent, Multiband. Multiband funding ceased, effective August 11,
      2006. The Company intends to fund its short term (i.e., next twelve months)
      capital needs, which it believes to be minor, from shareholder loans, or equity
      contributions. During the six months ended June 30, 2007, the Company received
      $59,500 in proceeds of non-convertible shareholder notes. Subsequent to June
      30,
      2007, the Company received additional loan proceeds of $30,000.





We
      had a
      net loss for fiscal year 2006 in the amount of $52,539, or $0.01 per share,
      and
      we had an accumulated deficit as of December 31, 2006 of $195,417. We had a
      net
      loss for the six months ended June 30, 2007 in the amount of $138,691 and had
      an
      accumulated deficit as of June 30, 2007 of $334,108. Since the financial
      statements for each of these periods were prepared assuming that we would
      continue as a going concern, in the view of our independent auditors, these
      conditions raise substantial doubt about our ability to continue as a going
      concern. We believe that our ability to continue as a going concern depends,
      in
      large part, on our ability to generate sufficient revenues and, if necessary,
      raise additional capital through subsequent financing transactions. If we are
      unable to raise additional capital, we may be forced to discontinue our
      business.




14




**Financings
      and Anticipated Financing Needs**





During
      2006, the Company's working capital needs were funded by the sale of short-term
      debt to four shareholders in December 2006. In these transactions, the Company
      issued four unsecured promissory notes accruing simple interest at the rate
      of
      12%. The Company issued additional identical promissory notes during the first
      quarter of fiscal 2007, for gross proceeds of $59,500. All of the notes (2006
      and 2007 issuances) became due in June 2007. Subsequent to quarter end, all
      existing notes were converted to common stock.





The
      Company does not anticipate that it will require significant capital
      expenditures over the next 12 months. However, the Company will likely need
      additional financing to fund its net loss. In addition, the Company may incur
      expenses related to pursuing a merger transaction, which will likely require
      additional financing. The Company currently believes that its capital needs
      over
      the next 12 months can be funded by loans or the sale of equity. Nevertheless,
      the Company may not be able to secure financing, if at all, on favorable or
      acceptable terms. Any additional financing will likely result in dilution to
      existing shareholders, operational limitations, or both. In the absence of
      additional financing, the Company would likely be forced to consider a variety
      of strategic alternative, including but not limited to liquidating some or
      all
      of the Company's assets or discontinuing operations. If the Company is forced
      to
      liquidate its assets, it may not be able to realize the carrying value of those
      assets. Moreover, even if financing is obtained, the Company expects that its
      ability to continue operations in the future will be materially dependent on
      its
      ability to generate or raise sufficient additional working capital.





August
      10, 2007, the Company entered into a letter of intent with Checkmate Consumer
      Lending Corporation, a Delaware corporation, and Wyoming Financial Lenders,
      Inc., a Wyoming corporation. The letter of intent contemplates a reverse
      triangular merger in which the Company would acquire both Checkmate Consumer
      Lending Corporation and Wyoming Financial Lenders in exchange for the issuance,
      to the shareholders of those entities, of URON common and convertible preferred
      stock that equals approximately 95.7% of the capital stock of the Company on
      a
      fully diluted basis. After the consummation of the transaction, each of
      Checkmate Consumer Lending Corporation and Wyoming Financial Lenders would
      be
      wholly owned subsidiaries of the Company.





Wyoming
      Financial Lenders and Checkmate Consumer Lending Corporation are payday lenders
      and check cashers and managers of such businesses, respectively. Wyoming
      Financial Lenders currently has approximately 51 stores in approximately ten
      states.





Except
      for certain provisions relating to confidentiality and exclusivity, the letter
      of intent is not legally binding, and instead sets forth the current intent
      of
      the parties to negotiate a definitive agreement for the contemplated
      transaction. In addition, the letter of intent contemplates that each party
      will
      have the right to conduct a due-diligence investigation of the other parties
      prior to entering into a definitive agreement. The closing of any transaction
      will be subject to certain other conditions, customary and otherwise, that
      are
      expected to be a part of any definitive agreement. Currently, the Company
      expects that any transaction arising out of the letter of intent will be closed
      before December 31, 2007.




15




**Accounting
      Pronouncements and Policies**




**Recently
      Issued Accounting Standards**




In
      February 2007, the Financial Accounting Standards Board ("FASB") issued
      Statement of Financial Accounting Standards ("SFAS") No. 159, "The Fair Value
      Option for Financial Assets and Financial Liabilities—Including an amendment of
      FASB Statement No. 115" ("SFAS No. 159"). SFAS No. 159 permits entities to
      elect
      to measure many financial instruments and certain other items at fair value.
      Upon adoption of SFAS No. 159, an entity may elect the fair value option for
      eligible items that exist at the adoption date. Subsequent to the initial
      adoption, the election of the fair value option may only be made at initial
      recognition of the asset or liability or upon a re-measurement event that gives
      rise to new-basis accounting. The decision about whether to elect the fair
      value
      option is applied on an instrument-by-instrument basis, is irrevocable and
      is
      applied only to an entire instrument and not only to specified risks, cash
      flows
      or portions of that instrument. SFAS No. 159 does not affect any existing
      accounting literature that requires certain assets and liabilities to be carried
      at fair value nor does it eliminate disclosure requirements included in other
      accounting standards. SFAS No. 159 is effective for fiscal years beginning
      after
      November 15, 2007. The Company is currently evaluating the impact of adopting
      SFAS No. 159 on their respective financial position and result of
      operations.




**Application
      of Critical Accounting Policies**




The
      Company's significant accounting policies are discussed in the Notes to the
      Consolidated Financial Statements that are included in the Company's
      Registration Statement Form 10-SB filed with the Securities and Exchange
      Commission. In most cases, the accounting policies utilized by the Company
      are
      the only ones permissible under Generally Accepted Accounting Principles for
      businesses in its industry. However, the application of certain of these
      policies requires significant judgments or a complex estimation process that
      can
      affect the results of operations and financial position of the Company, as
      well
      as the related footnote disclosures. The Company bases its estimates on
      historical experience and other assumptions that it believes are reasonable.
      If
      actual amounts are ultimately different from previous estimates, the revisions
      are included in the Company's results of operations for the period in which
      the
      actual amounts become known. The accounting policies and estimates that can
      have
      a significant impact on the operating results, financial position and footnote
      disclosures of the Company are described in the Management Discussion and
      Analysis of Financial Condition and Results of Operations in the Company's
      annual report on Form 10-KSB for the fiscal year ended December 31,
      2006.




******Item 3. Controls and Procedures**




**Evaluation
      of Disclosure Controls and Procedures.**




On
      June
      30, 2007, URON's Chief Executive Officer and Chief Financial Officer carried
      out
      an evaluation of the effectiveness of the design and operation of its disclosure
      controls and procedures (as defined in Exchange Rule 13a-15(e)). Based upon
      that
      evaluation, the Chief Executive Officer and Chief Financial Officer concluded
      that, except for the item noted below, URON's disclosure controls and procedures
      are effective.




During
      the course of their audit of our consolidated financial statements for fiscal
      2006, our independent registered public accounting firm, Virchow, Krause &
Company, LLP, advised management and the audit committee of our Board of
      Directors that they had identified a deficiency in internal control. The
      deficiency is considered to be a material weakness as defined under standards
      established by the American Institute of Certified Public Accountants. The
      material weakness relates to the lack of segregation of duties within the
      financial processes in the Company.


16




The
      Company periodically assesses the cost versus benefit of adding the resources
      that would remedy or mitigate this situation, and currently does not consider
      the benefits to outweigh the costs of adding additional staff in light of the
      limited number of transactions related to the Company's operations.




**Changes
      in Internal Control over Financial Reporting** .




There
      were no changes in URON's internal controls over financial reporting that
      occurred during its most recent fiscal quarter that have materially affected,
      or
      are reasonably likely to materially affect such controls.




17




**PART
      II. OTHER INFORMATION**




**Item 1.
      Legal Proceedings** ****




None




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




On
      July
      2, 2007, the Company offered 2,100,000 shares of the Company’s common stock in a
      private placement exempt from registration under the Securities Act of
      1933.




In
      connection with the private placement, the Company entered into a Conversion
      Agreement with each purchaser of the shares. In each Conversion Agreement,
      shares were offered and sold in full satisfaction of the Company’s outstanding
      principal balances on certain promissory notes aggregating $73,500, at the
      per-share price of $0.035.




**Item 3.
      Defaults upon Senior Securities**




None




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




(a)
            An
                annual meeting of the shareholders of URON Inc. was held on May 25,
                2007.
                There were present or present by proxy at the meeting holders of
                Common
                Stock representing ownership of a total of 5,082,983 shares. Of these
                shares, 3,638,278 voting shares were present, which satisfied the
                quorum
                requirement.




At
      the
      meeting, Don Miller was elected as the Company’s sole director, and the
      Company’s shareholders also approved the amendment and restatement of the
      Company’s Articles of Incorporation, an amendment to the Company’s Bylaws, and
      the granting of voting rights to certain shares of common stock held by Lantern
      Advisors, LLC.




(b)
            The
                meeting resulted in the following votes related to the following
                proxy
                items.




1.
              Election
                  of Directors:
  FOR
              
              WITHHELD
              
              BROKER
                  NON-VOTESDonald
                  Miller
              
              
              3,638,758
              
              
              14,405
              
              
              48,545
   2.
              Ratify
                  and approve the amendments to Articles of
                  Incorporation.
  FOR
              AGAINST
              ABSTAIN
              BROKER
                  NON-VOTESElimination
                  of pre- emptive rights
              2,842,309
              24,947
              48,545
              830,770Elimination
                  of cumulative voting
              2,824,521
              43,802
              1,260
              830,770
  18
  3.
              Ratify
                  and approve the amendments to the
                  Bylaws.
  FOR
              AGAINST
              ABSTAIN
              BROKER
                  NON-VOTESAuthority
                  of Board to increase size of Board
              3,636,345
              15,608
              730
              48,545Decrease
                  in quorum Requirement
              2,836,714
              31,991
              878
              830,770
 
 4.
              Ratify
                  and approve voting rights of certain shares of Common Stock held
                  by
                  Lantern Advisers, LLC.
  FOR
              AGAINST
              ABSTAIN
              BROKER
                  NON-VOTESVote
                  1
              2,839,437
              29,241
              905
              830,770Vote
                  2
              1,147,692
              29,241
              905
              830,770
  **Item 5.
        Other Information**
  None
  **Item 6.
        Exhibits**
  Exhibit
  31.1
              Certification
                  pursuant to Section 302 of the Sarbanes-Oxley Act of
                  2002.32.1
              Certification
                  pursuant to 18 U.S.C. Section 1350 as adopted pursuant to Section
                  906 of
                  the Sarbanes-  Oxley Act of
                  2002.




19




**SIGNATURES**




Pursuant
      to the requirements of the Securities and Exchange Act, the Registrant has
      duly
      caused this report to be signed on its behalf by the undersigned, thereunto
      duly
      authorized.


Dated:
              August 15, 2007
            **URON
              Inc.**(Registrant)By:
            /s/ Donald
              MillerDonald
                Miller
              Chief
                Executive Officer and Chief Financial Officer
              (Signing
                as Principal Executive Officer, Principal Financial and Accounting
                Officer, and as Authorized Signatory of
                Registrant.)




20