U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 10-QSB

                Quarterly Report under Section 12(b) or 12(g) of
                           The Securities Act of 1934

                      For the Period ended October 31, 2007

                        Commission File Number 333-134568


                        MAPLE MOUNTAIN EXPLORATIONS INC.
                 (Name of small business issuer in its charter)

        Nevada                                                  20-4711443
(State of incorporation)                                (IRS Employer ID Number)

                     #507, 1313 East Maple Street, Suite 201
                              Bellingham, WA 98225
                                 (306) 824-6463
          (Address and telephone number of principal executive offices)

Check whether the issuer (1) filed all reports required to be filed by Section
13 or 15(d) of the Exchange Act during the past 12 months (or for such shorter
period that the registrant was required to file such reports), and (2) has been
subject to such filing requirements for the past 90 days. Yes [X] No [ ]

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

There were 3,500,000 shares of Common Stock outstanding as of October 31, 2007.
<PAGE>
                         MAPLE MOUNTAIN EXPLORATIONS INC
                         (An Exploration Stage Company)
                                 Balance Sheets
--------------------------------------------------------------------------------

<TABLE>
<CAPTION>
                                                                         As of              As of
                                                                       October 31,         April 30,
                                                                          2007               2007
                                                                        --------           --------
<S>                                                                     <C>                <C>
                                     ASSETS

CURRENT ASSETS
  Cash                                                                  $    322           $ 33,803
  Deposit                                                                     --             10,000
                                                                        --------           --------
TOTAL CURRENT ASSETS                                                         322             43,803
                                                                        --------           --------

                                                                        $    322           $ 43,803
                                                                        ========           ========

                  LIABILITIES & STOCKHOLDERS' EQUITY (DEFICIT)

CURRENT LIABILITIES
  Accounts Payable                                                            --                 --
                                                                        --------           --------
TOTAL CURRENT LIABILITIES                                                     --                 --
                                                                        --------           --------

TOTAL LIABILITIES                                                             --                 --

STOCKHOLDERS' EQUITY (DEFICIT)
  Common stock, ($0.001 par value, 75,000,000 shares
   authorized; 3,500,000 shares and shares issued and
   outstanding as of October 31, 2007 and April 30, 2007)                  3,500              3,500
  Additional paid-in capital                                              53,500             53,500
  Deficit accumulated during exploration stage                           (56,679)           (13,197)
                                                                        --------           --------

TOTAL STOCKHOLDERS' EQUITY (DEFICIT)                                         322             43,803
                                                                        --------           --------

      TOTAL LIABILITIES & STOCKHOLDERS' EQUITY (DEFICIT)                $    322           $ 43,803
                                                                        ========           ========
</TABLE>


                             See Accompanying Notes

                                       2
<PAGE>
                         MAPLE MOUNTAIN EXPLORATIONS INC
                         (An Exploration Stage Company)
                            Statements of Operations
--------------------------------------------------------------------------------

<TABLE>
<CAPTION>
                                                                                                     April 14, 2006
                                  Three Months     Three Months      Six Months       Six Months       (inception)
                                     Ended            Ended            Ended            Ended           through
                                   October 31,      October 31,      October 31,      October 31,      October 31,
                                      2007             2006             2007             2006             2007
                                   ----------       ----------       ----------       ----------       ----------
<S>                                <C>              <C>              <C>              <C>              <C>
REVENUES
  Revenues                         $       --       $       --       $       --       $       --       $       --
                                   ----------       ----------       ----------       ----------       ----------
TOTAL REVENUES                             --               --               --               --               --

OPERATING COSTS
  Administrative Expenses              20,883            1,172           35,051            4,331           41,348
  Professional fees                     8,430            1,000            8,430            4,900           15,330
                                   ----------       ----------       ----------       ----------       ----------
TOTAL OPERATING COSTS                  29,313            2,172           43,482            9,231           56,679
                                   ----------       ----------       ----------       ----------       ----------

NET INCOME (LOSS)                  $  (29,313)      $   (2,172)      $  (43,482)      $   (9,231)      $  (56,679)
                                   ==========       ==========       ==========       ==========       ==========

BASIC EARNINGS (LOSS) PER SHARE    $    (0.01)      $    (0.00)      $    (0.01)      $    (0.00)
                                   ==========       ==========       ==========       ==========
WEIGHTED AVERAGE NUMBER OF
 COMMON SHARES OUTSTANDING          3,500,000        3,418,478        3,500,000        2,209,239
                                   ==========       ==========       ==========       ==========
</TABLE>


                             See Accompanying Notes

                                       3
<PAGE>
                         MAPLE MOUNTAIN EXPLORATIONS INC
                         (An Exploration Stage Company)
                            Statements of Cash Flows
--------------------------------------------------------------------------------

<TABLE>
<CAPTION>
                                                                                                    April 14, 2006
                                                                    Six Months       Six Months       (inception)
                                                                      Ended            Ended           through
                                                                    October 31,      October 31,      October 31,
                                                                       2007             2006             2007
                                                                     --------         --------         --------
<S>                                                                  <C>              <C>              <C>
CASH FLOWS FROM OPERATING ACTIVITIES
  Net income (loss)                                                  $(43,482)        $ (9,231)        $(56,679)
  Adjustments to reconcile net loss to net cash
   provided by (used in) operating activities:

  Changes in operating assets and liabilities:
     Increase (decrease) in Accounts Payable                               --             (590)              --
     (Increase) decrease in Deposit                                    10,000               --               --
                                                                     --------         --------         --------

          NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES         (33,482)          (9,821)         (56,679)

CASH FLOWS FROM INVESTING ACTIVITIES
  Acquisition of equipment                                                 --               --               --
                                                                     --------         --------         --------

          NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES              --               --               --

CASH FLOWS FROM FINANCING ACTIVITIES
  Issuance of common stock                                                 --           47,500           53,500
  Additional paid-in capital                                               --            2,500            3,500
                                                                     --------         --------         --------

          NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES              --           50,000           57,000
                                                                     --------         --------         --------

NET INCREASE (DECREASE) IN CASH                                       (33,482)          40,179              322

CASH AT BEGINNING OF PERIOD                                            33,803            7,000               --
                                                                     --------         --------         --------

CASH AT END OF PERIOD                                                $    322         $ 47,179         $    322
                                                                     ========         ========         ========

SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION

Cash paid during year for :
  Interest                                                           $     --         $     --         $     --
                                                                     ========         ========         ========
  Income Taxes                                                       $     --         $     --         $     --
                                                                     ========         ========         ========
</TABLE>

                             See Accompanying Notes

                                       4
<PAGE>
                        MAPLE MOUNTAIN EXPLORATIONS, INC.
                          (A Exploration Stage Company)
                          Notes to Financial Statements
                                October 31, 2007


NOTE 1. ORGANIZATION AND DESCRIPTION OF BUSINESS

Maple Mountain  Explorations Inc. (the Company) was incorporated  under the laws
of the State of Nevada on April 14,  2006.  The  Company was formed to engage in
the acquisition, exploration and development of natural resource properties.

The  Company  is in the  exploration  stage.  Its  activities  to date have been
limited to capital formation, organization, development of its business plan and
exploration work.

NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

A. BASIS OF ACCOUNTING

The Company's  financial  statements  are prepared  using the accrual  method of
accounting. The Company has elected an April 30 year-end.

B. BASIC EARNINGS PER SHARE

In February  1997,  the FASB issued SFAS No. 128,  "Earnings  Per Share",  which
specifies the computation, presentation and disclosure requirements for earnings
(loss) per share for entities  with  publicly  held common  stock.  SFAS No. 128
supersedes the provisions of APB No. 15, and requires the  presentation of basic
earnings (loss) per share and diluted earnings (loss) per share. The Company has
adopted  the  provisions  of SFAS No.  128  effective  April 14,  2006  (date of
inception).

Basic net loss per share  amounts is computed  by  dividing  the net loss by the
weighted average number of common shares outstanding. Diluted earnings per share
are the same as basic  earnings  per share due to the lack of dilutive  items in
the Company.

C. CASH EQUIVALENTS

The Company considers all highly liquid  investments  purchased with an original
maturity of three months or less to be cash equivalents.

D. USE OF ESTIMATES AND ASSUMPTIONS

The preparation of financial  statements in conformity  with generally  accepted
accounting principles 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.  In accordance  with FASB 16,
"Prior Period Adjustments", all adjustments are normal and recurring.

                                       5
<PAGE>
                        MAPLE MOUNTAIN EXPLORATIONS, INC.
                          (A Exploration Stage Company)
                          Notes to Financial Statements
                                October 31, 2007


NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

E. INCOME TAXES

Income taxes are provided in accordance  with SFAS 109,  "Accounting  for Income
Taxes".  A  deferred  tax  asset or  liability  is  recorded  for all  temporary
differences   between  financial  and  tax  reporting  and  net  operating  loss
carryforwards. Deferred tax expense (benefit) results from the net change during
the year of deferred tax assets and liabilities.

Deferred tax assets are reduced by a valuation allowance when, in the opinion of
management,  it is more likely than not that some portion of all of the deferred
tax assets will be realized.  Deferred tax assets and  liabilities  are adjusted
for the effects of changes in tax laws and rates on the date of enactment.

NOTE 3. GOING CONCERN

The  accompanying  financial  statements  have been  prepared  assuming that the
Company will  continue as a going  concern.  The Company had limited  operations
during the period  from April 14, 2006 (date of  inception)  to October 31, 2007
and generated a net loss of $56,679.  This condition  raises  substantial  doubt
about the  Company's  ability to  continue  as a going  concern.  The  Company's
continuation  as a going  concern  is  dependent  on its  ability  to  meet  its
obligations, to obtain additional financing as may be required and ultimately to
attain  profitability.  The financial  statements do not include any adjustments
that might result from the outcome of this uncertainty.

NOTE 4. WARRANTS AND OPTIONS

There are no warrants or options outstanding to acquire any additional shares of
common stock.

On July 15, 2007 the Company's  shareholders approved its 2007 Stock Option Plan
(the "Plan"). Under the Plan, options may be granted to the Company's directors,
officers,  employees  and  consultants  as determined by its board of directors.
Pursuant to the Plan, the Company has reserved for issuance  1,170,000 shares of
its common stock.

                                       6
<PAGE>
                        MAPLE MOUNTAIN EXPLORATIONS, INC.
                          (A Exploration Stage Company)
                          Notes to Financial Statements
                                October 31, 2007


NOTE 5 - RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS

In  July  2006,   the   Financial   Accounting   Standards   Board  issued  FASB
Interpretation  (FIN) No. 48,  "Accounting for  Uncertainty in Income  Taxes--An
Interpretation  of  FASB  Statement  No.  109"  (FIN  48).  This  Interpretation
clarifies  the  accounting  for  uncertainty  in income  taxes  recognized  in a
company's financial  statements.  FIN 48 requires companies to determine whether
it is  "more  likely  than  not"  that a tax  position  will be  sustained  upon
examination by the appropriate taxing authorities before any part of the benefit
can be recorded in the financial  statements.  It also provides  guidance on the
recognition,  measurement and classification of income tax uncertainties,  along
with any related  interest and penalties.  FIN 48 will also require  significant
additional  disclosures.  This Interpretation will be effective for fiscal years
beginning after December 15, 2006. We have  implemented this  Interpretation  in
the first quarter of 2007 on a prospective  basis.  We are currently  evaluating
the potential impact this Interpretation will have on our financial position and
results of operations.

In September 2006, the FASB issued SFAS No. 157, "Fair Value Measurements" (SFAS
157), which provides  guidance on how to measure assets and liabilities that use
fair value.  SFAS 157 will apply whenever another US GAAP standard  requires (or
permits)  assets or liabilities to be measured at fair value but does not expand
the use of fair value to any new circumstances.  This standard also will require
additional  disclosures in both annual and quarterly  reports.  SFAS 157 will be
effective  for  financial  statements  issued for fiscal years  beginning  after
November 15, 2007,  and will be adopted by us beginning in the first  quarter of
2008. We are currently evaluating the potential impact this standard may have on
our financial position and results of operations,  but do not believe the impact
of the adoption will be material.

In September 2006, the SEC staff issued Staff Accounting Bulletin (SAB) No. 108,
"Considering   the  Effects  of  Prior  Year   Misstatements   when  Quantifying
Misstatements  in Current  Year  Financial  Statements"  (SAB 108).  SAB 108 was
issued in order to eliminate the  diversity of practice in how public  companies
quantify  misstatements of financial  statements,  including  misstatements that
were not material to prior years' financial statements.  We will initially apply
the  provisions  of SAB 108 in  connection  with the  preparation  of our annual
financial  statements  for the year ending  February 28, 2007. We have evaluated
the potential  impact SAB 108 may have on our financial  position and results of
operations  and do not believe the impact of the  application  of this  guidance
will be material.

NOTE 6. RELATED PARTY TRANSACTIONS

The  officers  and  directors  of the  Company are  involved  in other  business
activities  and  may,  in  the  future,   become   involved  in  other  business
opportunities.  As they become  available,  such  persons may face a conflict in
selecting  between the Company and their other business  interests.  The Company
has not formulated a policy for the resolution of such conflicts.

                                       7
<PAGE>
                        MAPLE MOUNTAIN EXPLORATIONS, INC.
                          (A Exploration Stage Company)
                          Notes to Financial Statements
                                October 31, 2007


NOTE 7. STOCK TRANSACTIONS

Transactions,  other than  employees'  stock  issuance,  are in accordance  with
paragraph  8 of  SFAS  123,  "Share-Based  Payment".  Thus  issuances  shall  be
accounted  for  based  on  the  fair  value  of  the   consideration   received.
Transactions  with  employees'  stock issuance are in accordance with paragraphs
(16-44) of SFAS 123.  These  issuances  shall be accounted for based on the fair
value of the consideration  received or the fair value of the equity instruments
issued, or whichever is more readily determinable.

On April 14, 2006 the Company issued a total of 1,000,000 shares of common stock
to one  director  for cash in the  amount  of  $0.007  per  share for a total of
$7,000.

On August 4, 2006,  2,500,000  common  shares were issued to 27 investors in the
Company's SB-2 offering for the aggregate sum of $50,000 in cash. The Regulation
SB-2 offering was declared  effective by the Securities and Exchange  Commission
on July 5, 2006 and completed on August 4, 2006.

As of October 31, 2007 the Company had  3,500,000  shares of common stock issued
and outstanding.

NOTE 8. STOCKHOLDERS' EQUITY

The  stockholders'  equity section of the Company contains the following classes
of capital stock as of October 31, 2007:

Common stock, $ 0.001 par value: 75,000,000 shares authorized;  3,500,000 shares
issued and outstanding.

NOTE 9. SUBSEQUENT EVENT

On December 12, 2007, the Company  entered into a Share Exchange  Agreement (the
"Exchange  Agreement") with each of the  shareholders  (the  "Shareholders")  of
Pegasi Energy Resources  Corporation,  a Texas corporation ("PERC" or "Pegasi"),
pursuant to which the Company  purchased  from the  Shareholders  all issued and
outstanding  shares of PERC's common stock in consideration  for the issuance of
17,500,000 shares of common stock of the Company (the "Share Exchange").

The  aforementioned  transaction  resulted in a change in control of the Company
with the  Shareholders  owning  17,500,000  shares of our common  stock out of a
total of  21,000,000  issued and  outstanding  shares after giving effect to the
Share Exchange.  Also, the Shareholders were elected our directors and appointed
as our  executive  officers.  As a result of the  Exchange  Agreement,  (i) PERC
became our wholly-owned subsidiary and (ii) we succeeded to the business of PERC
as its sole business. Accordingly, we intend to change our name to Pegasi Energy
Resources Corporation.

                                       8
<PAGE>
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION

Maple Mountain Explorations Inc. was incorporated in the State of Nevada on
April 14, 2006 to engage in the acquisition, exploration and development of
natural resource properties. We are an exploration stage company with no
revenues and a limited operating history. The one property in the Company's
portfolio is the Maple Mountain Mineral Claim, consisting of 383 hectares (946
acres), included within 12 Mineral Title Cells. The Claim is located in the
Victoria Mining Division of British Columbia, Canada in a Municipal Forest
Reserve managed and owned by the District of North Cowichan.

On December 12, 2007, we entered into a Share Exchange Agreement (the "Exchange
Agreement") with each of the shareholders (the "Shareholders") of Pegasi Energy
Resources Corporation, a Texas corporation ("PERC" or "Pegasi"), pursuant to
which the Company purchased from the Shareholders all issued and outstanding
shares of PERC's common stock in consideration for the issuance of 17,500,000
shares of common stock of the Company (the "Share Exchange").

The aforementioned transaction resulted in a change in control of the Company
with the Shareholders owning 17,500,000 shares of our common stock out of a
total of 21,000,000 issued and outstanding shares after giving effect to the
Share Exchange. Also, the Shareholders were elected our directors and appointed
as our executive officers. As a result of the Exchange Agreement, (i) PERC
became our wholly-owned subsidiary and (ii) we succeeded to the business of PERC
as its sole business. Accordingly, we intend to change our name to Pegasi Energy
Resources Corporation.

DESCRIPTION OF THE BUSINESS OF PEGASI ENERGY RESOURCES CORPORATION

PERC is an independent organic growth-oriented energy company engaged in the
exploration and production of natural gas and oil through the development of a
repeatable, low geological risk, high potential project in the active East Texas
oil and gas region. Pegasi currently holds interests in properties located in
Marion and Cass County, Texas, home to the giant Rodessa oil field, which has
produced approximately 2.3 trillion cubic feet of gas and 400 million barrels of
oil. The field has historically been the domain of small independent operators
and is not a legacy field for any major oil company.

Pegasi's business strategy, which it has designated the "Cornerstone Project" or
"CP", is to identify and exploit resources in and adjacent to existing or
indicated producing areas within the Rodessa field area. PERC intends to quickly
develop and produce reserves at a low cost and will take an aggressive approach
to exploiting its contiguous acreage position through utilization of "best in
class" drilling, completion and seismic technology. PERC believes that its
management team is uniquely familiar with the history and geology of the CP area
based on their collective experience in the region as well as through PERC's
ownership of a large proprietary database which details the drilling history of
the CP area over the previous 28 years. PERC believes its drilling strategy
combined with the application of 3-D seismic imaging technology and the

                                       9
<PAGE>
application of new drilling and completion techniques will enable it to find
significant gas and oil reserves in the CP area. Its management team will also
use its extensive experience and industry relationships to grow the company
through new leasing and farm-in opportunities.

A more complete business description will be disclosed in our Current Report on
Form 8-K that will be filed in connection with the Share Exchange.

RESULTS OF OPERATIONS

Our cash in the bank at October 31, 2007 was $322. In order to satisfy our cash
requirements we were required to complete our offering of 2,500,000 shares
registered pursuant to our SB-2 Registration Statement which became effective on
July 5, 2006. We completed and closed the offering on August 4, 2006 selling a
total of 2,500,000 shares at $.02 per share to raise an aggregate amount of
$50,000 from 27 shareholders.

We had operating expenses of $29,313 and $2,172 for the three months ended
October 31, 2007 and 2006, respectively. We had no revenue for the three months
ended October 31, 2007 and 2006.

Our common stock is currently listed for traded on the OTC Bulletin Board under
the symbol "MPXP.OB". There has been no active trading market.

Of the 3,500,000 shares of common stock outstanding as of October 31, 2007,
1,000,000 shares are owned by Marvin Wosk, an officer and director, and may only
be resold in compliance with Rule 144 of the Securities Act of 1933.

As of October 31, 2007, we have 3,500,000 Shares of $0.001 par value common
stock issued and outstanding held by 28 shareholders of record.

Our cash balance is not sufficient to cover our operating expenses.

For the period from inception to October 31, 2007, we had no revenues and
incurred net operating losses of $56,679, consisting of general and
administrative expenses primarily incurred in connection with the preparation
and filing of our SB-2 Registration Statement, compliance with reporting
requirements, the acquisition of our mining claim and geology report and the
completion of Phase 1 of our exploration program.

Our auditors have expressed the opinion that in our current state, there is
substantial doubt about our ability to continue as a going concern.

PLAN OF OPERATION

Phase 1 of the work program was completed by Brian Simmons, the mining engineer
who prepared the geology report for the Maple Mountain project. The program
consisted of geological mapping, soil sampling and rock sampling. The field work

                                       10
<PAGE>
for Phase I was completed at a cost of $13,910, $4,644 under budget. The
geologist report on the Phase I work cost of $2,000.

We were advised by the geologist that the results of the program were not
encouraging and did not warrant further exploration activities. In the best
interests of our shareholders it was decided by the Board of Directors that
research into other business opportunities was advisable.

SUBMISSION OF MATTERS TO A VOTE OF SECURITIES HOLDERS

On July 15, 2007 shareholders approved our 2007 Stock Option Plan (the "Plan").
Under the Plan, options may be granted only to our directors, officers,
employees and consultants as determined by our board of directors. Pursuant to
the Plan, we reserved for issuance 1,170,000 shares of our common stock. As of
October 31, 2007 we have not granted any options.

OFF-BALANCE SHEET ARRANGEMENTS

We have no off-balance sheet arrangements.

CRITICAL ACCOUNTING POLICIES

It is suggested that these financial statements be read in conjunction with our
April 30, 2007 audited financial statements and notes thereto, which can be
found in our Form 10K-SB Annual Report on the SEC website at www.sec.gov under
our SEC File Number 333-134568.

The financial statements of the Company have been prepared in accordance with
generally accepted accounting principles in the United States. Because a precise
determination of many assets and liabilities is dependent upon future events,
the preparation of financial statements for a period necessarily involves the
use of estimates which have been made using careful judgement.

The financial statements have, in management's opinion, been properly prepared
within reasonable limits of materiality and within the framework of the
significant accounting policies summarized below:

A. BASIS OF ACCOUNTING

The Company's financial statements are prepared using the accrual method of
accounting. The Company has elected an April 30, year-end.

B. BASIC EARNINGS PER SHARE

In February 1997, the FASB issued SFAS No. 128, "Earnings Per Share", which
specifies the computation, presentation and disclosure requirements for earnings
(loss) per share for entities with publicly held common stock. SFAS No. 128
supersedes the provisions of APB No. 15, and requires the presentation of basic

                                       11
<PAGE>
earnings (loss) per share and diluted earnings (loss) per share. The Company has
adopted the provisions of SFAS No. 128 effective April 14, 2006 (date of
inception).

Basic net loss per share amounts is computed by dividing the net loss by the
weighted average number of common shares outstanding. Diluted earnings per share
are the same as basic earnings per share due to the lack of dilutive items in
the Company.

C. CASH EQUIVALENTS

The Company considers all highly liquid investments purchased with an original
maturity of three months or less to be cash equivalents.

D. USE OF ESTIMATES AND ASSUMPTIONS

The preparation of financial statements in conformity with generally accepted
accounting principles 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. In accordance with FASB 16 all
adjustments are normal and recurring.

E. INCOME TAXES

Income taxes are provided in accordance with Statement of Financial Accounting
Standards No. 109 (SFAS 109), Accounting for Income Taxes. A deferred tax asset
or liability is recorded for all temporary differences between financial and tax
reporting and net operating loss carryforwards. Deferred tax expense (benefit)
results from the net change during the year of deferred tax assets and
liabilities.

Deferred tax assets are reduced by a valuation allowance when, in the opinion of
management, it is more likely than not that some portion of all of the deferred
tax assets will be realized. Deferred tax assets and liabilities are adjusted
for the effects of changes in tax laws and rates on the date of enactment.

ITEM 3. CONTROLS AND PROCEDURES

EVALUATION OF DISCLOSURE CONTROLS AND PROCEDURES

Under the supervision and with the participation of our management, including
our principal executive officer and principal financial officer, we have
conducted an evaluation of the effectiveness of the design and operation of our
disclosure controls and procedures, as defined in Rules 13a-15(e) and 15d-15(e)
under the Securities and Exchange Act of 1934, as of the end of the period
covered by this report. Based on this evaluation, our principal executive
officer and principal financial officer concluded as of the evaluation date that
our disclosure controls and procedures were effective such that the material

                                       12
<PAGE>
information required to be included in our Securities and Exchange Commission
reports is recorded, processed, summarized and reported within the time periods
specified in SEC rules and forms relating to our company, particularly during
the period when this report was being prepared.

Additionally, there were no significant changes in our internal controls or in
other factors that could significantly affect these controls subsequent to the
evaluation date. We have not identified any significant deficiencies or material
weaknesses in our internal controls, and therefore there were no corrective
actions taken.

                           PART II - OTHER INFORMATION

ITEM 5. OTHER INFORMATION

None.

ITEM 6. EXHIBITS

The following exhibits are included with this quarterly filing. Those marked
with an asterisk and required to be filed hereunder, are incorporated by
reference and can be found in their entirety in our original Form SB-2
Registration Statement, filed under SEC File Number 333-134568, at the SEC
website at www.sec.gov:

     Exhibit
     Number                         Description
     ------                         -----------

       3.1        Articles of Incorporation*
       3.2        Bylaws*
      31.1        Sec. 302 Certification of Principal Executive Officer
      31.2        Sec. 302 Certification of Principal Financial Officer
      32.1        Sec. 906 Certification of Principal Executive Officer
      32.2        Sec. 906 Certification of Principal Financial Officer

                                       13
<PAGE>
                                   SIGNATURES

Pursuant to the requirements of Section 13(a) or 15(d) of the Securities
Exchange Act of 1934, the Registrant has duly caused this report to be signed on
its behalf by the undersigned, thereunto duly authorized.

December 18, 2007            Maple Mountain Explorations Inc., Registrant


                             By: /s/ Marvin Wosk
                                ------------------------------------------------
                                Marvin Wosk, President, Chief Executive Officer,
                                Principal Accounting Officer, and Chief
                                Financial Officer


                             By: /s/ Pacharee Soonthornsawad
                                ------------------------------------------------
                                Pacharee Soonthornsawad, Director


                             By: /s/ David Moss
                                ------------------------------------------------
                                David Moss, Director


                              By: /s/ Alan Gelfand
                                ------------------------------------------------
                                Alan Gelfand, Director

In accordance with the Exchange Act, this report has been signed below by the
following persons on behalf of the registrant and in the capacities and on the
dates indicated.

December 18, 2007            Maple Mountain Explorations Inc., Registrant


                             By: /s/ Marvin Wosk
                                ------------------------------------------------
                                Marvin Wosk, President, Chief Executive Officer,
                                Principal Accounting Officer, and Chief
                                Financial Officer


                             By: /s/ Pacharee Soonthornsawad
                                ------------------------------------------------
                                Pacharee Soonthornsawad, Director


                             By: /s/ David Moss
                                ------------------------------------------------
                                David Moss, Director


                              By: /s/ Alan Gelfand
                                ------------------------------------------------
                                Alan Gelfand, Director

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