**SECURITIES      AND EXCHANGE COMMISSION**

**Washington      D.C. 20549**

|   |   |                                                                                                                            |
|--------|--------|---------------------------------------------------------------------------------------------------------------------------------|
| x      |   | **QUARTERLY                REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT                OF 1934**  |
|   |
|   |   | **For                the quarterly period ended March 31, 2007**                                                                |
|   |
| **or** |
|   |
| o      |   | **TRANSITION                REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT                OF 1934** |

**Form 10-Q**

**Commission      File Number 000-52011**

**Conihasset      Capital Partners, Inc.**

*(Exact      name of the registrant as specified in its charter)*

|                                                                                                                                                                 |   |                                                                  |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-----------------------------------------------------------------------|
| **Delaware**                                                                                                                                                         |   | **20-4414490**                                                        |
| *(State                or other jurisdiction of**incorporation                or organization)*                                                                      |   | *(I.R.S.                Employer**Identification                No.)* |
|                                                                                                                                                                 |
| **Two                International Place****16th Floor****Boston,                Massachusetts** *(Address                of principal executive offices)* |   | **02110** *(Zip                Code)*                            |

**Registrant’s      telephone number, including area code:**

**(617) 235-7215**

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| **Part I.                  Financial Information** |
|---------------------------------------------------------|

|                    Item 1.                 |   | Financial                  Statements                                                                                                                                                       |   |
|------------------------------------------------------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
|                                                 |   |                                                                                                                                                                                        |   |
|                                                 |   |                     Statements                  of Assets and Liabilities                                                                                                         | 3      |   |
|                                                 |   | ·  As                  of March 31, 2007 and                  December 31, 2006                                                                                              |   |   |   |   |
|                                                 |   |                                                                                                                                                                                        |   |   |   |   |
|                                                 |   |                      Statements                  of Operations                                                                                                               |   |   | 4 |   |
|                                                 |   | · For                  the period ended March 31,                  2007 and the period from inception                      (March 1, 2006) to March 31, 2006       |   |   |   |   |
|                                                 |   |                                                                                                                                                                                        |
|                                                 |   |                    Schedule of Investments                                                                                                                                   |   |   | 5 |   |
|                                                 |   | ·  As                  of March 31, 2007                                                                                                                                     |   |   |   |   |
|                                                 |   |                                                                                                                                                                                        |   |   |   |   |
|                                                 |   |                       Schedule of Investments                                                                                                                           |   |   | 6 |   |
|                                                 |   | ·  As                  of December 31,                  2006                                                                                                                 |   |   |   |   |
|                                                 |   |                                                                                                                                                                                        |   |   |   |   |
|                                                 |   |                      Statements                  of Changes in Net Assets                                                                                                    |   |   | 7 |   |
|                                                 |   | ·  For                  the period ended March                  31, 2007 and the period from inception                      (March 1, 2006) to March 31, 2006 |   |   |   |   |
|                                                 |   |                                                                                                                                                                              |   |   |   |   |
|                                                 |   |                                                                                                                                                                                        |   |   |   |   |
|                                                 |   |   Statements                of                Cash Flows                                                                                                                          |   |   | 8 |   |
|                                                 |   | ·  For                  the period ended March                  31, 2007 and the period from inception                      (March 1, 2006) to March 31, 2006 |   |   |   |   |
|                                                 |   |                                                                                                                                                                                        |   |   |   |   |
|                                                 |   |                    Notes                  to Financial Statements                                                                                                                      |   |   | 10 |   |
|                                                 |
|                    Item 2.                 |   |                    Management’s                  Discussion and Analysis of Financial Condition and                  Results of                  Operations                 |   |   | 14 |   |
|                                                 |   |                                                                                                                                                                                        |   |   |   |   |
|                    Item 3.                 |   |                    Quantitative                  and Qualitative Disclosures about Market Risk                                                                                         |   |   | 18 |   |
|                                                 |   |                                                                                                                                                                                        |   |   |   |   |
|                    Item 4.                 |   |                    Controls                  and Procedures                                                                                                                            |   |   | 18 |   |
|                                                 |
| **Part II.                  Other Information** |
|                                                 |
|                    Item 1.                 |   |                    Legal                  Proceedings                                                                                                                                  |   |   | 19 |   |
|                    Item 1A.                |   |                    Risk                  Factors                                                                                                                                       |   |   | 19 |   |
|                    Item 2.                 |   |                    Unregistered                  Sales of Equity Securities and Use of Proceeds                                                                                        |   |   | 19 |   |
|                    Item 3.                 |   |                    Defaults                  Upon Senior Securities                                                                                                               |   |   | 19 |   |
|                    Item 4.                 |   |                    Submissions                  of                  Matters to a Vote of Security Holders                                                                              |   |   | 19 |   |
|                    Item 5.                 |   |                    Other                  Information                                                                                                                                  |   |   | 20 |   |
|                    Item 6.                 |   |                    Exhibits                                                                                                                                                            |   |   | 20 |   |
|  SIGNATURES                                |   |                                                                                                                                                                                        | 21     |   |

----

| **Item                1. Financial Statements.** |
|--------------------------------------------------|

|                                                             |   | March                31, 2007 |       | December                31, 2006 |   |
|------------------------------------------------------------------|--------|-------------------------------|------------|----------------------------------|--------|
|                                                                  |   | (unaudited)                   |       | (audited)                        |   |
| **Assets**                                                       |   |                          |       |                             |   |
| Investments                - controlled                          |   | $                             | 945,000    |                             | $      | 942,000 |   |
| Cash                and cash equivalents                         |   |                          | 246,153    |                             |   | 413,230 |   |
| Interest                receivable                               |   |                          | 987        |                             |   | 565 |   |
| Interest                receivable from controlled investments   |   |                          | 6,250      |                             |   | 6,326 |   |
| Deposits                                                         |   |                          | 4,550      |                             |   | 4,550 |   |
| Prepaid                expense                                   |   |                          | 13,267     |                             |   | 15,964 |   |
| Other                assets                                      |   |                          | 2,510      |                             |   | - |   |
|                                                             |   |                          |       |                             |   |   |   |
| Total                Assets                                      |   | $                             | 1,218,717  |                             | $      | 1,382,635 |   |
|                                                             |   |                          |       |                             |   |   |   |
| **Liabilities**                                                  |   |                          |       |                             |   |   |   |
| Accrued                offering costs                            |   | $                             | 51,574     |                             | $      | 51,574 |   |
| Accounts                payable and accrued expenses             |   |                          | 238,774    |                             |   | 154,017 |   |
| Accrued                officer payroll and related payroll taxes |   |                          | 116,355    |                             |   | 118,010 |   |
|                                                             |   |                          |       |                             |   |   |   |
| Total                Liabilities                                 |   |                          | 406,703    |                             |   | 323,601 |   |
|                                                             |   |                          |       |                             |   |   |   |
| **Net                assets**                                    |   |                          |       |                             |   |   |   |
| Preferred                stock, par value $0.001:                |   |                          |       |                             |   |   |   |
| 1,000,000                shares authorized;                      |   |                          |       |                             |   |   |   |
| no                shares issued and outstanding                  |   |                          | -          |                             |   | - |   |
| Common                stock, par value $0.001 per share:         |   |                          |       |                             |   |   |   |
| 10,000,000                shares authorized, 368,540 and 362,540 |   |                          |       |                             |   |   |   |
| issued                and outstanding, respectively              |   |                          | 369        |                             |   | 363 |   |
| Additional                paid-in capital                        |   |                          | 1,855,589  |                             |   | 1,471,034 |   |
| Accumulated                deficit                               |   |                          | (1,043,944 | )                                |   | (412,363 | ) |
|                                                             |   |                          |       |                             |   |   |   |
| Total                Net Assets                                  |   |                          | 812,014    |                             |   | 1,059,034 |   |
|                                                             |   |                          |       |                             |   |   |   |
| Total                Liabilities and Net Assets                  |   | $                             | 1,218,717  |                             | $      | 1,382,635 |   |
|                                                             |   |                          |       |                             |   |   |   |
| Net                asset value per share                         |   | $                             | 2.20       |                             | $      | 2.92 |   |

----

|                                                                                                                                   |   | For                the period January 1, 2007 to March 31,                2007 |     | For                the period from inception (March                1, 2006) to                March 31, 2006 |                |
|----------------------------------------------------------------------------------------------------------------------------------------|--------|--------------------------------------------------------------------------------|----------|--------------------------------------------------------------------------------------------------------------|---------------------|
|                                                                                                                                        |   | (unaudited)                                                                    |     | (audited)                                                                                                    |                |
| **Investment                income**                                                                                                   |   |                                                                           |     |                                                                                                         |                |
| Interest                from controlled investments                                                                                    |   | $                                                                              | 15,500   |                                                                                                         | $                   | - |   |
| Interest                income                                                                                                         |   |                                                                           | 3,161    |                                                                                                         |                | - |   |
| Total                Operating Income                                                                                                  |   |                                                                           | 18,661   |                                                                                                         |                | - |   |
|                                                                                                                                   |   |                                                                           |     |                                                                                                         |                |   |   |
| **Costs                and expenses**                                                                                                  |   |                                                                           |     |                                                                                                         |                |   |   |
| Organization                expenses                                                                                                   |   |                                                                           | -        |                                                                                                         |                | 33,517 |   |
| Officer                salaries and related payroll taxes, including $247,500 of                non-cash stock based compensation      |   |                                                                           | 326,589  |                                                                                                         |                | - |   |
| Rent                                                                                                                                   |   |                                                                           | 17,150   |                                                                                                         |                | - |   |
| Professional                fees, including $110,000 of non-cash stock basedcompensation                                               |   |                                                                           | 234,096  |                                                                                                         |                | - |   |
| Director                fees                                                                                                           |   |                                                                           | 28,625   |                                                                                                         |                | - |   |
| Insurance                                                                                                                              |   |                                                                           | 18,278   |                                                                                                         |                | - |   |
| General                and administrative                                                                                              |   |                                                                           | 28,443   |                                                                                                         | -    |
| Total                Operating Expenses                                                                                                |   |                                                                           | 653,181  |                                                                                                         |                | 33,517 |   |
|                                                                                                                                   |   |                                                                           |     |                                                                                                         |                |   |   |
| **Net                Investment Loss and decrease in net assets from                operations**                                       |   | $                                                                              | (634,520 | )                                                                                                            | $(33,517)           |
|                                                                                                                                   |   |                                                                           |     |                                                                                                         |                |   |   |
| Decrease                in net assets from operations attributable to common                stockholders per share, basic and diluted: |   | $                                                                              | (1.74    | )                                                                                                            | $                   | (17.18 | ) |
|                                                                                                                                   |   |                                                                           |     |                                                                                                         |                |   |   |
| Weighted                average shares of common stock outstanding, basic and                diluted:                                  |   |                                                                           | 364,607  |                                                                                                         |                | 1,951 |   |

----

| Company                                      |   | Industry |       | Investments |   | Cost                                                                                    |   | Fair                Value |    |
|----------------------------------------------|--------|----------|------------|-------------|--------|-----------------------------------------------------------------------------------------|--------|---------------------------|---------|
| **Controlled                Investment**     |   |     |       |        |   |                                                                                    |   |                      |    |
|                                         |   |     |       |        |   |                                                                                    |   |                      |    |
| MRO                Integrated Solutions, LLC |   |     | Investment |        |   | Convertible                subordinated promissory note,5%,                due 11/15/11 |   | $                         | 945,000 |   | $ | 945,000 |   |
|                                         |   |     |       |        |   |                                                                                    |   | $                         | 945,000 |   | $ | 945,000 |   |

----

| Company                                            |   | Industry |       | Investments |   | Cost                                                                                    |   | Fair                Value |    |
|----------------------------------------------------|--------|----------|------------|-------------|--------|-----------------------------------------------------------------------------------------|--------|---------------------------|---------|
| **Controlled                Investment**           |   |     |       |        |   |                                                                                    |   |                      |    |
|                                               |   |     |       |        |   |                                                                                    |   |                      |    |
|  MRO                Integrated Solutions, LLC |   |     | Investment |        |   | Convertible                subordinated promissory note,5%,                due 11/15/11 |   | $                         | 942,000 |   | $ | 942,000 |   |
|                                               |   |     |       |        |   |                                                                                    |   | $                         | 942,000 |   | $ | 942,000 |   |

----

|                                                                    |   | For                the period from January 1, 2007 to March 31, 2007 |      | For                the period from inception (March                1, 2006) to March                31, 2006 |   |
|-------------------------------------------------------------------------|--------|----------------------------------------------------------------------|-----------|--------------------------------------------------------------------------------------------------------------|--------|
|                                                                         |   | (unaudited)                                                          |      | (audited)                                                                                                    |   |
| **OPERATION**S                                                          |   |                                                                 |      |                                                                                                         |   |
| Decrease                in net assets from operations                   |   | $                                                                    | (634,520  | )                                                                                                            | $      | (33,517 | ) |
|                                                                    |   |                                                                 |      |                                                                                                         |   |   |   |
| **STOCKHOLDERS’                ACTIVITY:**                        |   |                                                                 |      |                                                                                                         |   |   |   |
| Issuance                of common stock for cash                        |   |                                                                 | 30,000    |                                                                                                         |   | 150,100 |   |
| Issuance                of non-cash stock options                       |   |                                                                 | 357,500   |                                                                                                         |   | - |   |
| Offering                costs incurred                                  |   |                                                                 | -         |                                                                                                         |   | (24,483 | ) |
| Increase                in net assets from stockholders’ activity |   |                                                                 | 387,500   |                                                                                                         |   | 125,617 |   |
|                                                                    |   |                                                                 |      |                                                                                                         |   |   |   |
| NET                INCREASE /(DECREASE) IN NET ASSETS                   |   |                                                                 | (247,020  | )                                                                                                            |   | 92,100 |   |
|                                                                    |   |                                                                 |      |                                                                                                         |   |   |   |
|                                                                    |   |                                                                 |      |                                                                                                         |   |   |   |
| NET                ASSETS:                                              |   |                                                                 |      |                                                                                                         |   |   |   |
| Beginning                of period                                      |   |                                                                 | 1,059,034 |                                                                                                         |   | - |   |
| End                of period                                            |   | $                                                                    | 812,014   |                                                                                                         | $      | 92,100 |   |

----

|                                                                                                    |   | For                the period from January 1, 2007 to March 31, 2007 |     | For                the period from inception (March                1, 2006) to March 31, 2006 |   |
|---------------------------------------------------------------------------------------------------------|--------|----------------------------------------------------------------------|----------|-----------------------------------------------------------------------------------------------|--------|
|                                                                                                         |   | (unaudited)                                                          |     | (audited)                                                                                     |   |
| **Cash                flows used in operating activities:**                                             |   |                                                                 |     |                                                                                          |   |
| Decrease                in net assets resulting from operations                                         |   | $                                                                    | (634,520 | )                                                                                             | $      | (33,517 | ) |
| Adjustments                to reconcile decrease in net assets resulting from                operations |   |                                                                 |     |                                                                                          |   |   |   |
| to                net cash used in operating activities -                                               |   |                                                                 |     |                                                                                          |   |   |   |
| Depreciation                of other assets                                                             |   |                                                                 | 132      |                                                                                          |   | - |   |
| Amortization                of structuring fee                                                          |   |                                                                 | (3,000   | )                                                                                             |   | - |   |
| Non-cash                stock based compensation expense                                                |   |                                                                 | 357,500  |                                                                                          |   | - |   |
| Investment                in subsidiary                                                                 |   |                                                                 | -        |                                                                                          |   | (5,000 | ) |
|                   Investment                in note receivable (from subsidiary)              |   |                                                                 | -        |                                                                                          |   | (95,000 | ) |
|    (Increase)                in interest receivable                                      |   |                                                                 | (422     | )                                                                                             |   | - |   |
|    Decrease                in interest receivable from controlled investment             |   |                                                                 | 76       |                                                                                          |   | - |   |
| Decrease                in prepaid expense                                                              |   |                                                                 | 2,697    |                                                                                          |   | - |   |
| (Increase)                in other assets                                                               |   |                                                                 | (2,642   | )                                                                                             |   | - |   |
| Increase                in accounts payable and accrued expenses                                        |   |                                                                 | 84,757   |                                                                                          |   | - |   |
| (Decrease)                in accrued payroll and payroll taxes                                          |   |                                                                 | (1,655   | )                                                                                             |   | - |   |
|                                                                                                    |   |                                                                 |     |                                                                                          |   |   |   |
| Net                cash used in operating activities                                                    |   |                                                                 | (197,077 | )                                                                                             |   | (133,517 | ) |
|                                                                                                    |   |                                                                 |     |                                                                                          |   |   |   |
| **Cash                flows from financing activities:**                                                |   |                                                                 |     |                                                                                          |   |   |   |
| Proceeds                from the issuance of common stock                                               |   |                                                                 | 30,000   |                                                                                          |   | 150,100 |   |
| Organizational                costs                                                                     |   |                                                                 | -        |                                                                                          |   | 33,517 |   |
|                                                                                                    |   |                                                                 |     |                                                                                          |   |   |   |
| Net                cash provided by financing activities                                                |   |                                                                 | 30,000   |                                                                                          |   | 183,617 |   |
|                                                                                                    |   |                                                                 |     |                                                                                          |   |   |   |
| Net                increase / (decrease) in cash and cash equivalents                                   |   |                                                                 | (167,077 | )                                                                                             |   | 50,100 |   |
| Cash                and cash equivalents at beginning of period                                         |   |                                                                 | 413,230  |                                                                                          |   | - |   |
|                                                                                                    |   |                                                                 |     |                                                                                          |   |   |   |
| Cash                and cash equivalents at end of period                                               |   | $                                                                    | 246,153  |                                                                                          | $      | 50,100 |   |

----

| **SUPPLEMENTAL                CASH FLOW INFORMATION**          |   |   |   |   |   |
|----------------------------------------------------------------|--------|--------|--------|--------|--------|
| Cash                paid for interest                          |   | $      | -      |   | $      | - |   |
| Cash                paid for income taxes                      |   | $      | -      |   | $      | - |   |
|                                                           |   |   |   |   |   |   |   |
| **NON-CASH                INVESTING AND FINANCING ACTIVITIES** |   |   |   |   |   |   |   |

| During                the period from January 1, 2007 through March 31, 2007 and inception                (March 1, 2006) through March 31, 2006, the Company accrued offering                costs                totaling $0 and $24,483, respectively and organizational costs totaling                $0                and $33,517, respectively. |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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***Description      of Business***

***Basis      of Presentation***

----

***Stock      Based Compensation***

----

|                                    |   | 3/31/07 |   |
|-----------------------------------------|--------|---------|--------|
| Expected                volatility      |   |    | 20     | % |
| Expected                dividends       |   |    | N/A    |   |
| Expected                term (in years) |   |    | 3.5    |   |
| Risk-free                rate           |   |    | 4.75   | % |

|  Options                                 |   |  Shares |    | Exercise                Price |   | FairValue |   |
|-----------------------------------------------|--------|--------------|---------|-------------------------------|--------|-----------|--------|
| Outstanding                at January 1, 2007 |   |         | -       |                          |   | -         |   |   |   |   |
| Granted                                       |   |         | 130,000 |                          | $      | 2.67      |   |   |   |   |
| Exercised                                     |   |         | -       |                          |   | -         |   |   |   |   |
| Forfeited                or Expired           |   |         | -       |                          |   | -         |   |   |   |   |
| Outstanding                at March 31, 2007  |   |         | 130,000 |                          | $      | 2.67      |   | $ | 357,500 |   |
| Vested                at March 31, 2007       |   |         | 130,000 |                          | $      | 2.67      |   | $ | 357,500 |   |
| Exercisable                at March 31, 2007  |   |         | 130,000 |                          | $      | 2.67      |   | $ | 357,500 |   |

----

|                                                                   |   |  For                the period from January 1, 2007 to March 31, 2007 |    | For                the period from inception (March                1, 2006) to March                31, 2006 |   |
|------------------------------------------------------------------------|--------|----------------------------------------------------------------------------|---------|--------------------------------------------------------------------------------------------------------------|--------|
|                                                                        |   | (unaudited)                                                                |    | (audited)                                                                                                    |   |
| Selected                per share data                                 |   |                                                                       |    |                                                                                                         |   |
| Net                asset value, beginning of period                    |   | $                                                                          | 2.92    |                                                                                                         | $      | - |   |
| Issuance                of common stock                                |   |                                                                       | 0.08    |                                                                                                         |   | 5.00 |   |
| Dilutive                effect of share issuance                       |   |                                                                       | (0.05   | )                                                                                                            |   | - |   |
| Issuance                of non-cash stock options                      |   |                                                                       | 0.97    |                                                                                                         |   |   |   |
| Offering                costs                                          |   |                                                                       | -       |                                                                                                         |   | (0.81 | ) |
| Decrease                in net assets resulting from operations        |   |                                                                       | (1.72   | )                                                                                                            |   | (1.12 | ) |
|                                                                   |   |                                                                       |    |                                                                                                         |   |   |   |
| Net                asset value, end of period                          |   | $                                                                          | 2.20    |                                                                                                         | $      | 3.07 |   |
|                                                                   |   |                                                                       |    |                                                                                                         |   |   |   |
| Ratios                and supplemental data                            |   |                                                                       |    |                                                                                                         |   |   |   |
| Net                asset value, end of period                          |   | $                                                                          | 812,014 |                                                                                                         | $      | 92,100 |   |
| Average                net assets, annualized                          |   | $                                                                          | 834,061 |                                                                                                         | $      | 92,100 |   |
| Total                operating expenses/average net assets, annualized |   | $                                                                          | 0.78    |                                                                                                         | $      | 0.36 |   |
| Net                investment loss/average net assets                  |   | $                                                                          | (0.76   | )                                                                                                            |   | N/A | (1) |

----

**Item      2. Management’s Discussion and Analysis of Financial Condition and Results of      Operations.**

*The      following analysis of the Company’s financial condition and results of      operations should be read in conjunction with the financial statements and      the      notes thereto contained elsewhere in this report.*

**GENERAL**

----

----

**CURRENT      INVESTMENT**

**MRO      Integrated Solutions, LLC**

**RESULTS      OF OPERATIONS**

**Investment      Income**

**Operating      Expenses**

----

**Net      Decrease in Net Assets from Operations**

**LIQUIDITY      AND CAPITAL RESOURCES**

**RECENT      DEVELOPMENTS**

| 1.   | The                election of Lawrence M. Lipsher, Bradley J. Hoecker, F. David Clarke                III,                Jerry E. Julian, Richard D. Bailey, Andrew J. Cahill and Paul D.                Sonkin to                the Board of Directors of the Company (the                “Board”); |
|----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2.   | The                approval of an amendment to the Company’s Certificate of Incorporation to                eliminate director classes; |
|----------------|-----------------------------------------------------------------------------------------------------------------------------------------------|

----

| 3.   | The                approval of an amendment to the Company’s Certificate of Incorporation to                authorize an additional 40,000,000 shares of the Company’s common stock                and an additional 4,000,000 shares of the Company’s preferred                stock; |
|----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4.   | The                authorization for the Company to withdraw the Company’s election to be                treated as a business development company under the 1940 Act; and |
|----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 5.   | The                ratification of Friedman LLP as the independent auditors of the Company                for the fiscal year ended December 31, 2007. |
|----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------|

**Item      3. Quantitative and Qualitative Disclosures about Market      Risk.**

**Item 4.      Controls and Procedures.**

| (a)   | As                of the end of the period covered by this quarterly report on                Form 10-Q, the chief executive officer (the “CEO”) and the chief                financial officer (the “CFO”) conducted an evaluation of the Company’s                disclosure controls and procedures (as defined in Rules 13a-15 and                15d-15 of the Securities Exchange Act of 1934, as amended). Based                upon                this evaluation, the Company’s CEO and CFO concluded that its disclosure                controls and procedures are effective in timely alerting them of                any                material information relating to the Company that is required to                be                disclosed by the Company in the reports it files or submits under                the                Securities Exchange Act of 1934. |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b)   | There                have been no changes in the Company’s internal control over financial                reporting that occurred during the quarter ended March 31, 2007,                that have                materially affected, or are reasonably likely to materially affect,                its                internal control over financial                reporting. |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

**Part II.      Other Information**

**Item      1. Legal Proceedings.**

**Item      1A. Risk Factors.**

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

**Item      3. Defaults upon Senior Securities.**

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

| 1.   | the                seven nominees named in the Company’s 2007 proxy statement, Lawrence M.                Lipsher, Bradley J. Hoecker, F. David Clarke III, Jerry E. Julian,                Richard                D. Bailey, Andrew J. Cahill and Paul D. Sonkin, were elected to the                Board                of Directors of the Company for a one-year                term; |
|----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2.   | an                amendment to the Company’s Certificate of Incorporation to eliminate                director classes was approved; |
|----------------|--------------------------------------------------------------------------------------------------------------------------------------------|

| 3.   | an                amendment to the Company’s Certificate of Incorporation to authorize an                additional 40,000,000 shares of the Company’s common stock and an                additional 4,000,000 shares of the Company’s preferred stock was                approved; |
|----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4.   | the                Company withdrawal of its election to be treated as a business development                company under the 1940 Act was authorized; and |
|----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 5.   | the                selection of Friedman LLP as the independent auditors of the Company                for                the fiscal year ended December 31, 2007 was ratified. |
|----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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**Item      5. Other Information.**

**Item 6.      Exhibits.**

           (a)  *Exhibits*

| 3.1                        | Certificate                of Incorporation of the Company filed with the Delaware Secretary                of State                on March 1, 2006* |
|----------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------|
|                       |                                                                                                                                                  |
| 3.2                        | By-laws                of the Company*                                                                                                                |
|                       |                                                                                                                                                  |
| 10                         | Stock                Agreement between Conihasset Capital Partners, Inc. and Conihasset                Partners, LLC*                                 |
|                       |                                                                                                                                                  |
| 31.1                  | Certification                of the Chief Executive Officer pursuant to Section 302 of the                Sarbanes-Oxley Act of 2002                  |
|                       |                                                                                                                                                  |
| 31.2                       | Certification                of the Chief Financial Officer pursuant to Section 302 of the                Sarbanes-Oxley Act of 2002                  |
|                       |                                                                                                                                                  |
| 32.1                       | Certification                of the Chief Executive Officer pursuant to Section 906 of the                Sarbanes-Oxley Act of 2002                  |
|                       |                                                                                                                                                  |
| 32.2                       | Certification                of the Chief Financial Officer pursuant to Section 906 of the                Sarbanes-Oxley Act of 2002                  |
|                       |                                                                                                                                                  |

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**SIGNATURES**

|                                    |                                                                           |                                 |
|-----------------------------------------|--------------------------------------------------------------------------------|--------------------------------------|
|                                    | CONIHASSET                CAPITAL                PARTNERS,                INC. |
|                               |                                                                      |                            |
|  Date:                May 15, 2007 |                                                                                | /s/                Richard D. Bailey |
|                                    | Richard                D. Bailey                                               |
|                                    | President                and Chief Executive Officer.                          |

|                                     |                                                                           |                              |
|------------------------------------------|--------------------------------------------------------------------------------|-----------------------------------|
|                                     | CONIHASSET                CAPITAL                PARTNERS,                INC. |
|                                |                                                                      |                         |
|  Date                : May 15, 2007 |                                                                                | /s/                Keith D. Lowey |
|                                     | Keith                D. Lowey                                                  |
|                                     | Assistant                Secretary and Chief Financial                Officer. |

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