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

                                   FORM 10-QSB

                 Quarterly Report under Section 13 or 15 (d) of
                         Securities Exchange Act of 1934


                     For the Period ended February 28, 2007

                        Commission File Number 333-136247


                          DOMAR EXOTIC FURNISHINGS INC.
                 (Name of small business issuer in its charter)

       Nevada                                                  20-4647578
(State of incorporation)                                (IRS Employer ID Number)

                                1624 Tioga Trail
                              Winter Park, FL 32789
                                  (407)650-2723
          (Address and telephone number of principal executive offices)


                                 Joseph I. Emas
                             1224 Washington Avenue
                              Miami Beach, FL 33139
                     Phone: (305)531-1174 Fax: (305)531-1274
            (Name, address and telephone number of agent for service)

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 1,000,000 shares of Common Stock outstanding as of February 28, 2007.
<PAGE>
ITEM 1. FINANCIAL STATEMENTS

                          DOMAR EXOTIC FURNISHINGS INC.
                          (A Development Stage Company)
                                 Balance Sheets
--------------------------------------------------------------------------------

<TABLE>
<CAPTION>
                                                                          As of             As of
                                                                       February 28,         May 31,
                                                                          2007               2006
                                                                        --------           --------
<S>                                                                     <C>                <C>
                                     ASSETS

CURRENT ASSETS
  Cash                                                                  $  8,832           $  5,000
                                                                        --------           --------
TOTAL CURRENT ASSETS                                                       8,832              5,000
                                                                        --------           --------

                                                                        $  8,832           $  5,000
                                                                        ========           ========

                  LIABILITIES & STOCKHOLDERS' EQUITY (DEFICIT)

CURRENT LIABILITIES
  Accounts Payable                                                         3,200                340
  Due to a Director                                                        5,400                 --
  Stock Subscriptions Received                                             5,100                 --
                                                                        --------           --------
TOTAL CURRENT LIABILITIES                                                 13,700                340
                                                                        --------           --------

TOTAL LIABILITIES                                                         13,700                340

STOCKHOLDERS' EQUITY (DEFICIT)
  Common stock, ($0.001 par value, 75,000,000 shares
   authorized; 1,000,000 shares issued and
   outstanding as of November 30 and May 31, 2006)                         1,000              1,000
  Additional paid-in capital                                               4,000              4,000
  Deficit accumulated during development stage                            (9,868)              (340)
                                                                        --------           --------
TOTAL STOCKHOLDERS' EQUITY (DEFICIT)                                      (4,868)             4,660
                                                                        --------           --------

      TOTAL LIABILITIES & STOCKHOLDERS' EQUITY (DEFICIT)                $  8,832           $  5,000
                                                                        ========           ========
</TABLE>

                       See Notes to Financial Statements

                                       2
<PAGE>
                          DOMAR EXOTIC FURNISHINGS INC.
                          (A Development Stage Company)
                            Statements of Operations
--------------------------------------------------------------------------------

<TABLE>
<CAPTION>
                                                                                   March 30, 2006
                                         Nine Months           Three Months          (inception)
                                           Ended                 Ended                 through
                                         February 28,          February 28,          February 28,
                                            2007                  2007                  2007
                                         -----------           -----------           -----------
<S>                                      <C>                   <C>                   <C>
REVENUES
  Revenues                               $        --           $        --           $        --
                                         -----------           -----------           -----------
TOTAL REVENUES                                    --                    --                    --

OPERATING COSTS
  Professional Fees                            5,900                 3,900                 5,900
  Administrative Expenses                      3,628                   915                 3,968
                                         -----------           -----------           -----------
TOTAL OPERATING COSTS                          9,528                 4,815                 9,868
                                         -----------           -----------           -----------

NET INCOME (LOSS)                        $    (9,528)          $    (4,815)          $    (9,868)
                                         ===========           ===========           ===========

BASIC EARNINGS (LOSS) PER SHARE          $     (0.01)          $     (0.00)
                                         ===========           ===========
WEIGHTED AVERAGE NUMBER OF
 COMMON SHARES OUTSTANDING                 1,000,000             1,000,000
                                         ===========           ===========
</TABLE>


                       See Notes to Financial Statements

                                       3
<PAGE>
                          DOMAR EXOTIC FURNISHINGS INC.
                          (A Development Stage Company)
                  Statement of Changes in Stockholders' Equity
            From March 30, 2006 (Inception) through February 28, 2007
--------------------------------------------------------------------------------

<TABLE>
<CAPTION>
                                                                          Deficit
                                                                        Accumulated
                                              Common      Additional      During
                                Common        Stock        Paid-in      Development
                                 Stock        Amount       Capital         Stage        Total
                                 -----        ------       -------         -----        -----
<S>                            <C>           <C>           <C>           <C>           <C>
BALANCE, MARCH 30, 2006               --     $    --       $   --        $    --       $    --

Stock issued for cash on
 March 30, 2006 @ $0.005
 per share                     1,000,000       1,000        4,000                        5,000

Net loss, May 31, 2006                                                      (340)         (340)
                              ----------     -------       ------        -------       -------
BALANCE, MAY 31, 2006          1,000,000       1,000        4,000           (340)        4,660
                              ==========     =======       ======        =======       =======
Net loss, August 31, 2006                                                 (4,040)       (4,040)
                              ----------     -------       ------        -------       -------
BALANCE, AUGUST 31, 2006       1,000,000       1,000        4,000         (5,053)          (53)
                              ==========     =======       ======        =======       =======
Net loss, February 28, 2007                                               (4,815)       (4,815)
                              ----------     -------       ------        -------       -------

BALANCE, FEBRUARY 28, 2007     1,000,000     $ 1,000       $4,000        $(9,868)      $(4,868)
                              ==========     =======       ======        =======       =======
</TABLE>


                       See Notes to Financial Statements

                                       4
<PAGE>
                          DOMAR EXOTIC FURNISHINGS INC.
                          (A Development Stage Company)
                            Statements of Cash Flows
--------------------------------------------------------------------------------

<TABLE>
<CAPTION>
                                                                                                   March 30, 2006
                                                               Nine Months        Three Months       (inception)
                                                                 Ended              Ended              through
                                                               February 28,       February 28,       February 28,
                                                                  2007               2007               2007
                                                                --------           --------           --------
<S>                                                             <C>                <C>                <C>
CASH FLOWS FROM OPERATING ACTIVITIES
  Net income (loss)                                             $ (9,528)          $ (4,815)          $ (9,868)
  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                        2,860              1,200              3,200
    Increase (decrease) in Due a Director                          5,400              4,800              5,400
    Increase (decrease) in Stock Subscriptions Received            5,100              5,100              5,100
                                                                --------           --------           --------
        NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES        3,832              6,285              3,832

CASH FLOWS FROM INVESTING ACTIVITIES

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

CASH FLOWS FROM FINANCING ACTIVITIES
  Issuance of common stock                                            --                 --              1,000
  Additional paid-in capital                                          --                 --              4,000
                                                                --------           --------           --------
        NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES           --                 --              5,000
                                                                --------           --------           --------

NET INCREASE (DECREASE) IN CASH                                    3,832              6,285              8,832

CASH AT BEGINNING OF PERIOD                                        5,000              2,547                 --
                                                                --------           --------           --------
CASH AT END OF PERIOD                                           $  8,832           $  8,832           $  8,832
                                                                ========           ========           ========

SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION

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


                       See Notes to Financial Statements

                                       5
<PAGE>
                          DOMAR EXOTIC FURNISHINGS INC.
                         (An Development Stage Company)
                          Notes to Financial Statements
                                February 28, 2007


NOTE 1. ORGANIZATION AND DESCRIPTION OF BUSINESS

DoMar Exotic  Furnishings Inc. (the Company) was incorporated  under the laws of
the State of Nevada on March 30,  2006.  The Company was formed to engage in the
acquisition and  refinishing of aged furniture  using exotic  materials and then
reselling it through interior decorators,  high-end consignment shops and online
sales.

The  Company  is in the  development  stage.  Its  activities  to date have been
limited to capital formation, organization and development of its business plan.
The Company has not commenced operations.

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 a May 31, 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 March 30, 2006 (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.

                                       6
<PAGE>
                          DOMAR EXOTIC FURNISHINGS INC.
                         (An Development Stage Company)
                          Notes to Financial Statements
                                February 28, 2007


NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

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.

NOTE 3. GOING CONCERN

The  accompanying  financial  statements are presented on a going concern basis.
The Company had no operations  during the period from March 30, 2006 (inception)
to February 28, 2007 and generated a net loss of $9,868.  This condition  raises
substantial  doubt about the Company's  ability to continue as a going  concern.
Because  the  Company is  currently  in the  development  stage and has  minimal
expenses,  management  believes  that the  company's  current  cash of $8,832 is
sufficient  to cover the expenses  they will incur during the next twelve months
in a limited operations scenario or until they raise additional funding.

Management  plans to raise  additional  funds through debt or equity  offerings.
Management's  current plan includes a SB-2 registration  statement with the U.S.
Securities and Exchange Commission of 1,000,000 shares for sale at $.05 per unit
to raise capital of $50,000 to implement their business plan.

NOTE 4. WARRANTS AND OPTIONS

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

                                       7
<PAGE>
                          DOMAR EXOTIC FURNISHINGS INC.
                         (An Development Stage Company)
                          Notes to Financial Statements
                                February 28, 2007


NOTE 5. RELATED PARTY TRANSACTIONS

The Company  neither  owns nor leases any real or personal  property.  Beginning
June 1, 2006 the  Company  has paid a director  $100 per month for use of office
space and  services.  All 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.

Thus they 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.

Scott Sieck, Maureen Doyle Sieck, and Patricia Mahar,  officers and directors of
the Company, will not be paid for any underwriting services that they perform on
behalf of the Company with respect to the Company's upcoming SB-2 offering. They
will also not receive any interest on any funds that they advance to the Company
for offering  expenses  prior to the offering  being closed which will be repaid
from the proceeds of the offering.

NOTE 6. INCOME TAXES

                                                         As of February 28, 2007
                                                         -----------------------
     Deferred tax assets:
     Net operating tax carryforwards                            $ 9,868
     Other                                                            0
                                                                -------
     Gross deferred tax assets                                    1,480
     Valuation allowance                                         (1,480)
                                                                -------

     Net deferred tax assets                                    $     0
                                                                =======

Realization of deferred tax assets is dependent upon  sufficient  future taxable
income during the period that deductible temporary differences and carryforwards
are expected to be available to reduce  taxable  income.  As the  achievement of
required  future taxable income is uncertain,  the Company  recorded a valuation
allowance.

NOTE 7. NET OPERATING LOSSES

As of February 28, 2007, the Company has a net operating loss  carryforwards  of
approximately  $9,868. Net operating loss carryforward expires twenty years from
the date the loss was incurred.

                                       8
<PAGE>
                          DOMAR EXOTIC FURNISHINGS INC.
                         (An Development Stage Company)
                          Notes to Financial Statements
                                February 28, 2007


NOTE 8. STOCK TRANSACTIONS

Transactions,  other than  employees'  stock  issuance,  are in accordance  with
paragraph 8 of SFAS 123. 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 March 30, 2006 the Company issued a total of 1,000,000 shares of common stock
to two directors for cash at $0.005 per share for a total of $5,000.

As of February 28, 2007 the Company had 1,000,000  shares of common stock issued
and outstanding.

NOTE 9. STOCKHOLDERS' EQUITY

The  stockholders'  equity section of the Company contains the following classes
of capital stock as of February 28, 2007:

     *    Common  stock,  $  0.001  par  value:  75,000,000  shares  authorized;
          1,000,000 shares issued and outstanding.

NOTE 10. SUBSEQUENT EVENTS

The Company  completed its SB-2  offering on March 9, 2007 raising  $50,000 from
the sale of 1,000,000 shares at $.05 per share.

                                       9
<PAGE>
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION

RESULTS OF OPERATIONS

We are still in our development stage and have generated no revenue to date.

We incurred operating expenses of $4,815 for the three-month period ended
February 28, 2007. These expenses consisted of general and administrative
expenses.

At February 28, 2007, we had cash on hand of $8,832. At the same date, our
liabilities were $13,700 consisting of $5,400 in loans from our president,
$3,200 in accounts payable and $5,100 in stock subscriptions receivable.

Cash provided by financing activities from inception though February 28, 2007
was $5,000 resulting from the sale of our common stock to our directors Maureen
Doyle Sieck and Scott Sieck, who each purchased 500,000 shares of our Common
Stock at $0.005 per share on March 30, 2006.

In order to achieve our business plan goals, we needed the funding from the
offering of registered shares pursuant to our SB-2 Registration Statement filed
with the SEC under file number 333-136247 which became effective on September
25, 2006. As of February 28, 2007 we had sold 102,000 shares at $.05 for cash in
the amount of $5,100. Subsequent to our February 28, 2007 financial statements
the offering was completed and closed on March 9, 2007 raising $50,000 from the
sale of 1,000,000 shares at $.05 per share.

Our auditors have expressed their doubt about our ability to continue as a going
concern unless we are able to generate profitable operations.

LIQUIDITY AND CAPITAL RESOURCES

In order to fully implement our business plan we were required to complete our
offering pursuant to our SB-2 registration statement. The offering was completed
and closed on March 9, 2007 raising $50,000 from the sale of 1,000,000 shares at
$.05 per share. We currently have no plans to hire additional employees in the
next twelve months unless sales are sufficient to cover the cost.

OFF-BALANCE SHEET ARRANGEMENTS

We do not have any off-balance sheet arrangements that have or are reasonably
likely to have a current or future effect on our financial condition, changes in
financial condition, revenues or expenses, results of operations, liquidity,
capital expenditures or capital resources that is material to investors.

                                       10
<PAGE>
PLAN OF OPERATION

We have generated no revenues since inception and have incurred $9,868 in
expenses as of February 28, 2007.

The following table provides selected financial data about our company for the
period from the date of incorporation through February 28, 2007.

     Balance Sheet Data:                 2/28/07
     -------------------                 -------
     Cash                                $ 8,832
     Total assets                        $ 8,832
     Total liabilities                   $13,700
     Shareholders' equity                $ 8,832

MILESTONES FOR BUSINESS OPERATIONS

The following criteria for the milestones are based on management's estimates
only. The number of pieces we plan to have for our inventory and the other
projected milestones are approximations only and subject to adjustment based on
costs and needs. In addition to the monthly expense amounts budgeted we have set
aside $4,300 in working capital.

COMPLETED MILESTONES

September 2006:

We conducted further research into the specialty hides and furniture making
production, including use of grades, color and patterns. We researched further
suppliers for all materials. Maureen Sieck, one of our directors, conducted
competitive market research, by visiting trade shows, specialty furniture stores
and internet research. Furniture craftsman re-upholsterer was secured for all
work to be performed. Pricing for hides has been secured but no orders were
placed.

October 2006:

We registered the domain name WWW.DomarExotic.com for our corporate website
which will be used for future marketing purposes. Work progressed with a web
page designer to design and enhance a corporate and product identity displaying
prototypes of inventory or prospective inventory. Attention was emphasized to
the trade, i.e. interior decorators, architects etc. Continued efforts focused
on coordinating production of our prototype pieces based on consumer response in
order to further test market our proposed products.

November 2006:

The Corporate web presence was established and activated on the web. Initial
research over the internet regarding other companies that market and sell
similar products was continued. The results of this research will be used to

                                       11
<PAGE>
help design our brochures and corporate website. E-commerce software is being
considered for inclusion in the web presence. Web traffic advertising techniques
were established for budgetary purposes. Product photographs for our corporate
website were secured. Preliminary designs and printing quotes were explored for
marketing brochures. Management commenced seeking funding commitments.

December 2006:

Website presence was refined and optimized. Key word submissions to search
engines were commenced. Web advertising was explored for context click services.
Preliminary inquiries generated from corporate web site were addressed and
initial contact with local consignment sales outlets and interior decorators
initiated.

January 2007:

We committed to the purchase of two unique furniture frames, deemed appropriate
for rework and upholstery. Primary vendors for the purchase of superior hides
were contacted and relations formed. Maureen Sieck expanded our local exposure
by sending brochures to specialty home and furniture retailers in our target
markets.

February 2007:

Additional product brochures were printed in anticipation of upcoming trade
shows in March and April. Additional vendors of hides and furniture were
explored for display and sale at the trade shows. Preparations for filing the
Company's Quarterly report initiated. Plans to attend and display our
furnishings at the Home Design and Remodeling Show at the Miami Beach Convention
Center on March 23-26 were cancelled due in part to timing and insufficient
working capital.

PROPOSED MILESTONES TO IMPLEMENT BUSINESS OPERATIONS

March 2007:

SB-2 funding was closed on March 9, 2007. The first order of quality hides was
placed on March 19th, delivery expected in 5-10 business days. Preparations for
the company's first trade show are commencing. Company to file its 3rd quarter
financials on Form 10Q-SB.

April 2007:

We plan to attend and display our furnishings at the West Miami Home Show at the
Sunshine Pavilion Fair & Expo Center on April 27-29. The rental of a 10' x 30'
booth is $1,875. Two of our directors will be responsible for setting up and
manning the booth. To support internet store sales and company exposure, keyword
advertising campaigns will be conducted initiated by Scott Sieck via Google and
other online outlets.

                                       12
<PAGE>
May 2007:

We will continue to purchase new hides and furnishing pieces and production will
be on an on-going basis to fill demand and build a supply of readily available
inventory. We plan a trip through the Atlantic states to secure new pieces for
our inventory and network potential outlets for finished products. This trip
will be conducted in a large 45' motor coach with an attached 30' matching
trailer. The use of the motor coach is intended to be a marketing tool, it is
provided courtesy (except fuel) of its officers. We will continue to network
with interior designers and place our furnishings in furniture stores on a
consignment basis. Continued efforts focused on coordinating production of our
prototype pieces based on consumer response in order to further test market our
proposed products.

June 2007:

Follow-up communication with new and existing customer base will be done via
e-mail and/or phone. The corporate web site will be enhanced to have merchant
transaction capability. Shareholder information will also be added to the
corporate web site.

July 2007:

We plan to continue expansion of wholesale outlets for the custom pieces in
Canada and the U.S. through direct marketing and consignment.

August 2007:

A follow up trip thru the Atlantic states to build and enhance our product
capabilities is planned. Inventory of furniture frames is expected to be
required.

CRITICAL ACCOUNTING POLICIES

The unaudited financial statements as of February 28, 2007 included herein have
been prepared without audit pursuant to the rules and regulations of the U.S.
Securities and Exchange Commission. Certain information and footnote disclosures
normally included in financial statements prepared in accordance with general
accepted accounting procedures have been condensed or omitted pursuant to such
rules and regulations. In the opinion of management, all adjustments (consisting
of normal recurring accruals) considered necessary for a fair presentation have
been included. It is suggested that these financial statements be read in
conjunction with our May 31, 2006 audited financial statements and notes
thereto, which can be found in our Form SB-2 Registration Statement on the SEC
website at www.sec.gov under our SEC File Number 333-136247.

Our financial statements 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.

                                       13
<PAGE>
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

Our financial statements are prepared using the accrual method of accounting.
The Company has a May 31 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 February 25, 2005 (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

We consider 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 carry-forwards. 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

                                       14
<PAGE>
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.

FORWARD LOOKING STATEMENTS

Some of the statements contained in this Form 10-QSB that are not historical
facts are "forward-looking statements" which can be identified by the use of
terminology such as "estimates," "projects," "plans," "believes," "expects,"
"anticipates," "intends," or the negative or other variations, or by discussions
of strategy that involve risks and uncertainties. We urge you to be cautious of
the forward-looking statements, that such statements, which are contained in
this Form 10-QSB, reflect our current beliefs with respect to future events and
involve known and unknown risks, uncertainties and other factors affecting our
operations, market growth, services, products and licenses. No assurances can be
given regarding the achievement of future results, as actual results may differ
materially as a result of the risks we face, and actual events may differ from
the assumptions underlying the statements that have been made regarding
anticipated events.

All written forward-looking statements made in connection with this Form 10-QSB
that are attributable to us or persons acting on our behalf are expressly
qualified in their entirety by these cautionary statements. Given the
uncertainties that surround such statements, you are cautioned not to place
undue reliance on such forward-looking statements.

The safe harbors of forward-looking statements provided by the Securities
Litigation Reform Act of 1995 are unavailable to issuers not subject to the
reporting requirements set forth under Section 13(a) or 15(d) of the Securities
Exchange Act of 1934, as amended. As we have not registered our securities
pursuant to Section 12 of the Exchange Act, such safe harbors set forth under
the Reform Act are unavailable to us.

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 the 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
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.

                                       15
<PAGE>
                           PART II - OTHER INFORMATION

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 333-136247, at the SEC
website at www.sec.gov:

Exhibit No.                                Description
-----------                                -----------
   3.1            Articles of Incorporation*
   3.2            Bylaws*
  31.1            Certification pursuant to Rule 13a-14(a) under the Securities
                  Exchange Act of 1934
  31.2            Certification pursuant to Rule 13a-14(a) under the Securities
                  Exchange Act of 1934
  32.1            Certification pursuant to 18 U.S.C. Section 1350, as adopted
                  pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
  32.2            Certification pursuant to 18 U.S.C. Section 1350, as adopted
                  pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

                                       16
<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.

                                    DoMar Exotic Furnishings Inc., Registrant


March 21, 2007                      By: /s/ Maureen Doyle Sieck
                                       -----------------------------------------
                                       Maureen Doyle Sieck, Director, President
                                       and Principal Executive Officer


March 21, 2007                      By: /s/ Scott Sieck
                                       -----------------------------------------
                                       Scott Sieck, Director, Treasurer,
                                       Chief Financial Officer and Principal
                                       Accounting Officer

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.

                                    DoMar Exotic Furnishings Inc., Registrant


March 21, 2007                      By: /s/ Maureen Doyle Sieck
                                       -----------------------------------------
                                       Maureen Doyle Sieck, Director, President
                                       and Principal Executive Officer


March 21, 2007                      By: /s/ Scott Sieck
                                       -----------------------------------------
                                       Scott Sieck, Director, Treasurer,
                                       Chief Financial Officer and Principal
                                       Accounting Officer

                                       17