U.S.
SECURITIES AND EXCHANGE COMMISSION
 WASHINGTON,
D.C. 20549
  
 FORM
10-QSB
 
 (Mark
One)
 x
                QUARTERLY
      REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF
      1934
 For the
quarterly period ended: March 31, 2008
  o
                TRANSITION
      REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE
  ACT
 For
      the transition period from
  __________to__________
 DRIVER
PASSPORT INC.
 (Name of
small business issuer in its charter)
  North
      Dakota
              20-3955577(State
      or other jurisdiction
              (I.R.S.
      employerof
      incorporation or organization)
              identification
      number)
  1168
12th Street N.E Grand Forks, ND 58201
 (Address
of principal executive offices and zip code)
  800-743-1824
 Issuer's
telephone number:
  SEC File
Number: 333-135188
  Check
whether the issuer: (1) filed all reports required to be filed by Section13 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 [  ]
  Indicate
by check mark whether the registrant is a shell company (as defined in Rule
12b-2 of the Exchange Act).
 Yes [X]
No[   ]
   APPLICABLE
ONLY TO CORPORATE ISSUERS
  State the
number of shares outstanding of each of the issuer's classes of common equity,
as of the latest practicable date: 29,847,000  shares of common stock
outstanding as of March 31, 2008.
  Transitional
Small Business Disclosure Format (check one): Yes [  ] No [X]
  1
  PART
I - FINANCIAL INFORMATION
  Item
1. Financial Statements
   DRIVER
PASSPORT, INC.
 (A
DEVELOPMENT STAGE COMPANY)
 FINANCIAL
STATEMENTS
 FOR
THE THREE MONTHS ENDED MARCH 31, 2008 AND
2007




2


DRIVER
PASSPORT, INC.
 (A
DEVELOPMENT STAGE COMPANY)
  INDEX
TO FINANCIAL STATEMENTS (UNAUDITED)
  Balance
      Sheets as of March 31, 2008 (Unaudited) and December 31, 2007
      (Audited)Statements
      of Operations for the Three Months Ended March 31, 2008 and 2007 and Since
      Inception (Unaudited)Statements
      of Changes in Stockholders’ Deficit for the Three Months Ended March 31,
      2008 and Years Ended December 31, 2007 and 2006
(Unaudited)Statements
      of Cash Flows for the Three Months Ended March 31, 2008 and 2007 and Since
      Inception (Unaudited)Notes
      to Financial Statements (Unaudited)
  3
 DRIVER
PASSPORT INC.
 (A
DEVELOPMENT STAGE COMPANY)
 BALANCE
SHEETS
 MARCH
31, 2008 (UNAUDITED)
 AND
DECEMBER 31, 2007 (AUDITED)
   ASSETSMARCH
      31,2008
                  
                  
                  DECEMBER
      31,2007Current
      Assets:Cash
      and cash equivalents
                  
                  $
                  -
                  
                  
                  $
                  -Total
      Current Assets
                  
                  
                  -
                  
                  
                  
                  -Fixed
      assets, net of depreciation
                  
                  
                  4,933
                  
                  
                  
                  5,481TOTAL
      ASSETS
                  
                  $
                  4,933
                  
                  
                  $
                  5,481LIABILITIES AND
      STOCKHOLDERS' (DEFICIT)LIABILITIESCurrent
      Liabilities:Current
      portion of notes payable
                  
                  $
                  292,416
                  
                  
                  $
                  273,894Accounts
      payable and accrued expenses
                  
                  
                  5,795
                  
                  
                  
                  12,500Liability
      for stock to be issued
                  
                  
                  4,000
                  
                  
                  
                  4,000Total
      Current Liabilities
                  
                  
                  302,211
                  
                  
                  
                  290,394Total
      Liabilities
                  
                  
                  302,211
                  
                  
                  
                  290,394STOCKHOLDERS'
      (DEFICIT)Preferred
      stock, $.001 Par Value; 10,000,000 shares authorizedand
      0 shares issued and outstanding
                  
                  
                  -
                  
                  
                  
                  -Common
      stock, $.001 Par Value; 50,000,000 shares authorized,29,847,000
      shares issued and outstanding, respectively
                  
                  
                  29,847
                  
                  
                  
                  29,847Additional
      paid-in capital
                  
                  
                  178,936
                  
                  
                  
                  178,936Deficits
      accumulated during the development stage
                  
                  
                  (506,061
                  )
                  
                  
                  (493,696
                  )Total
      Stockholders' (Deficit)
                  
                  
                  (297,278
                  )
                  
                  
                  (284,913
                  )TOTAL
      LIABILITIES AND STOCKHOLDERS' (DEFICIT)
                  
                  $
                  4,933
                  
                  
                  $
                  5,481
   The
accompanying notes are an integral part of the financial
statements.
 4
 DRIVER
PASSPORT INC.
 (A
DEVELOPMENT STAGE COMPANY) STATEMENTS
OF OPERATIONS (UNAUDITED) FOR
THE THREE MONTHS ENDED MARCH 31, 2008 AND 2007 WITH
CUMULATIVE TOTALS SINCE OCTOBER 12, 2004 (INCEPTION)
 CUMULATIVETHREE
      MONTHS ENDED
                  
                  
                  INCEPTIONMARCH
      31,
                  
                  
                  OCTOBER 12,2008
                  
                  
                  2007
                  
                  
                  2004OPERATING
      REVENUESRevenues
                  
                  $
                  -
                  
                  
                  $
                  -
                  
                  
                  $
                  -OPERATING
      EXPENSESGeneral
      and administrative expenses
                  
                  
                  7,658
                  
                  
                  
                  31,282
                  
                  
                  
                  560,650Depreciation,
      amortization and impairment
                  
                  
                  548
                  
                  
                  
                  923
                  
                  
                  
                  17,348Total
      Operating Expenses
                  
                  
                  8,206
                  
                  
                  
                  32,205
                  
                  
                  
                  577,998LOSS
      BEFORE OTHER INCOME (EXPENSE)
                  
                  
                  (8,206
                  )
                  
                  
                  (32,205
                  )
                  
                  
                  (577,998
                  )OTHER
      INCOME (EXPENSE)Interest
      expense, net
                  
                  
                  (4,159
                  )
                  
                  
                  (3,766
                  )
                  
                  
                  (32,744
                  )Total
      Other Income (Expense)
                  
                  
                  (4,159
                  )
                  
                  
                  (3,766
                  )
                  
                  
                  (32,744
                  )NET
      LOSS BEFORE PROVISION FOR INCOME TAXES
                  
                  
                  (12,365
                  )
                  
                  
                  (35,971
                  )
                  
                  
                  (610,742
                  )Provision
      for Income Taxes
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  -NET
      LOSS APPLICABLE TO COMMON SHARES
                  
                  $
                  (12,365
                  )
                  
                  $
                  (35,971
                  )
                  
                  $
                  (610,742
                  )NET
      LOSS PER BASIC AND DILUTED SHARES
                  
                  $
                  (0.00
                  )
                  
                  $
                  (0.00
                  )
                  
                  $
                  (0.02
                  )WEIGHTED
      AVERAGE NUMBER OF COMMONSHARES
      OUTSTANDING
                  
                  
                  29,847,000
                  
                  
                  
                  28,782,000
                  
                  
                  
                  28,400,748
   The
accompanying notes are an integral part of the financial
statements.
  5
 
  DRIVER
PASSPORT INC.
 (A
DEVELOPMENT STAGE COMPANY)
 STATEMENTS
OF CHANGES IN STOCKHOLDERS' (DEFICIT) (UNAUDITED) FOR
THE YEARS ENDED DECEMBER 31, 2007 AND 2006 AND THREE MONTHS ENDED MARCH 31,
2008
 DeficitsAccumulatedAdditional
                  
                  
                  During
      thePreferred
      Stock
                  
                  
                  Common
      Stock
                  
                  
                  Paid-in
                  
                  
                  DevelopmentShares
                  
                  
                  Amount
                  
                  
                  Shares
                  
                  
                  Amount
                  
                  
                  Capital
                  
                  
                  Stage
                  
                  
                  TotalBalance
      January 1, 2006
                  
                  
                  -
                  
                  
                  $
                  -
                  
                  
                  
                  -
                  
                  
                  $
                  -
                  
                  
                  $
                  -
                  
                  
                  $
                  (55,253
                  )
                  
                  $
                  (55,253
                  )Shares
      issued for acquisition
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  25,500,000
                  
                  
                  
                  25,500
                  
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  25,500Shares
      issued for cash
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  1,197,000
                  
                  
                  
                  1,197
                  
                  
                  
                  38,703
                  
                  
                  
                  -
                  
                  
                  
                  39,900Shares
      issued for services
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  1,020,000
                  
                  
                  
                  1,020
                  
                  
                  
                  32,980
                  
                  
                  
                  -
                  
                  
                  
                  34,000Contributed
      capital
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  1,500
                  
                  
                  
                  -
                  
                  
                  
                  1,500Net
      loss for the year
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  (320,809
                  )
                  
                  
                  (320,809
                  )Balance
      December 31, 2006
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  27,717,000
                  
                  
                  
                  27,717
                  
                  
                  
                  73,183
                  
                  
                  
                  (376,062
                  )
                  
                  
                  (275,162
                  )Shares
      issued for liability
                    (services
      recorded in 2006)
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  2,130,000
                  
                  
                  
                  2,130
                  
                  
                  
                  104,370
                  
                  
                  
                  -
                  
                  
                  
                  106,500Contributed
      capital
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  1,383
                  
                  
                  
                  -
                  
                  
                  
                  1,383Net
      loss for the year
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  (117,634
                  )
                  
                  
                  (117,634
                  )Balance
      December 31, 2007
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  29,847,000
                  
                  
                  
                  29,847
                  
                  
                  
                  178,936
                  
                  
                  
                  (493,696
                  )
                  
                  
                  (284,913
                  )Contributed
      capital
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  -Shares
      issued for services
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  -Net
      loss for the year
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  -
                  
                  
                  
                  (12,365
                  )
                  
                  
                  (12,365
                  )Balance
      March 31, 2008
                  
                  
                  -
                  
                  
                  $
                  -
                  
                  
                  
                  29,847,000
                  
                  
                  $
                  29,847
                  
                  
                  $
                  178,936
                  
                  
                  $
                  (506,061
                  )
                  
                  $
                  (297,278
                  )
 The
accompanying notes are an integral part of the financial
statements.
 6
 DRIVER
PASSPORT INC.
 (A
DEVELOPMENT STAGE COMPANY)
 STATEMENTS
OF CASH FLOWS (UNAUDITED) FOR
THE THREE MONTHS ENDED MARCH 31, 2008 AND 2007 WITH
CUMULATIVE TOTALS SINCE OCTOBER 12, 2004 (INCEPTION)
 CUMULATIVETHREE
      MONTHS ENDED
                    
                    
                    INCEPTIONMARCH
      31,
                    
                    
                    OCTOBER
      12,2008
                    
                    
                    2007
                    
                    
                    2004CASH
      FLOWS FROM OPERATING ACTIVITIESNet
      loss
                    
                    $
                    (12,365
                    )
                    
                    $
                    (35,971
                    )
                    
                    $
                    (610,742
                    )Adjustments
      to reconcile net loss to net cash(used
      in) operating activities:Depreciation,
      amortization and impairment
                    
                    
                    548
                    
                    
                    
                    923
                    
                    
                    
                    17,349Common
      stock issued or accrued for consulting services
                    
                    
                    -
                    
                    
                    
                    -
                    
                    
                    
                    144,500Changes
      in assets and liabilities(Increase)
      in prepaid expenses and other current assets
                    
                    
                    -
                    
                    
                    
                    (500
                    )
                    
                    
                    -Increase
      (decrease) in accounts payable andand
      accrued expenses
                    
                    
                    (6,705
                    )
                    
                    
                    (5,000
                    )
                    
                    
                    5,795Total
      adjustments
                    
                    
                    (6,157
                    )
                    
                    
                    (4,577
                    )
                    
                    
                    167,644Net
      cash (used in) operating activities
                    
                    
                    (18,522
                    )
                    
                    
                    (40,548
                    )
                    
                    
                    (443,098
                    )CASH
      FLOWS FROM INVESTING ACTIVITIESAcquisitions
      of fixed assets
                    
                    
                    -
                    
                    
                    
                    (6,208
                    )
                    
                    
                    (7,282
                    )Software
      development costs
                    
                    
                    -
                    
                    
                    
                    -
                    
                    
                    
                    (15,000
                    )Net
      cash (used in) investing activities
                    
                    
                    -
                    
                    
                    
                    (6,208
                    )
                    
                    
                    (22,282
                    )CASH
      FLOWS FROM FINANCING ACTIVITIESNet
      proceeds (payments) of notes payable
                    
                    
                    18,522
                    
                    
                    
                    38,756
                    
                    
                    
                    292,416Shares
      issued for cash
                    
                    
                    -
                    
                    
                    
                    -
                    
                    
                    
                    39,900Contributed
      capital
                    
                    
                    -
                    
                    
                    
                    500
                    
                    
                    
                    2,883Increase
      in bank overdraft
                    
                    
                    -
                    
                    
                    
                    7,500
                    
                    
                    
                    -Member
      equity contributions
                    
                    
                    -
                    
                    
                    
                    -
                    
                    
                    
                    130,181Net
      cash provided by financing activities
                    
                    
                    18,522
                    
                    
                    
                    46,756
                    
                    
                    
                    465,380NET
      INCREASE (DECREASE) INCASH
      AND CASH EQUIVALENTS
                    
                    
                    -
                    
                    
                    
                    -
                    
                    
                    
                    -CASH
      AND CASH EQUIVALENTS -BEGINNING
      OF PERIOD
                    
                    
                    -
                    
                    
                    
                    -
                    
                    
                    
                    -CASH
      AND CASH EQUIVALENTS - END OF PERIOD
                    
                    $
                    -
                    
                    
                    $
                    -
                    
                    
                    $
                    -CASH
      PAID DURING THE YEAR FOR:Interest
      expense
                    
                    $
                    -
                    
                    
                    $
                    -
                    
                    
                    $
                    -Income
      taxes
                    
                    $
                    -
                    
                    
                    $
                    -
                    
                    
                    $
                    -
   The
accompanying notes are an integral part of the financial
statements.
 7
 DRIVER
PASSPORT, INC.
 (A
DEVELOPMENT STAGE COMPANY)
 NOTES
TO FINANCIAL STATEMENTS (UNAUDITED)
 MARCH
31, 2008 AND 2007
 NOTE
      1 -
                ORGANIZATION AND BASIS
      OF PRESENTATION
 
 The
unaudited financial statements included herein have been prepared, without
audit, pursuant to the rules and regulations of the Securities and Exchange
Commission (“SEC”).  The financial statements and notes are presented
as permitted on Form 10-QSB and do not contain information included in the
Company’s annual statements and notes.  Certain information and
footnote disclosures normally included in financial statements prepared in
accordance with accounting principles generally accepted in the United States of
America have been condensed or omitted pursuant to such rules and regulations,
although the Company believes that the disclosures are adequate to make the
information presented not misleading.  It is suggested that these
financial statements be read in conjunction with the December 31, 2007 10-KSB
and audited financial statements and the accompanying notes
thereto.  While management believes the procedures followed in
preparing these financial statements are reasonable, the accuracy of the amounts
are in some respects dependent upon the facts that will exist, and procedures
that will be accomplished by the Company later in the year.
 
 These
unaudited financial statements reflect all adjustments, including normal
recurring adjustments which, in the opinion of management, are necessary to
present fairly the operations and cash flows for the periods
presented.
 
 Driver
Passport, Inc. (the “Company”), was incorporated on December 7, 2005 to be
effective, January 1, 2006 as a North Dakota corporation.
 
 On
January 1, 2006, the Company issued 25,500,000 shares of its common stock in
exchange for 100% of the membership interest of Driver Passport, LLC, a North
Dakota limited liability company formed on October 12, 2004. On January 2, 2006,
Driver Passport, LLC was dissolved.
  The
Company is considered a development stage company and has presented financial
information since the inception of Driver Passport, LLC which was October 12,
2004. The business combination that took place was a reverse merger whereby the
operating company, Driver Passport, LLC was acquired by a shell company, the
Company. The Company has treated this as a purchase for accounting
purposes.
  8
 DRIVER
PASSPORT, INC.
 (A
DEVELOPMENT STAGE COMPANY)
 NOTES
TO FINANCIAL STATEMENTS (UNAUDITED)
 MARCH
31, 2008 AND 2007
 NOTE
      1 -
                ORGANIZATION AND BASIS
      OF PRESENTATION (CONTINUED)
 
 The
Company is a real-time, internet, driver security program allowing shippers to
verify and validate the driver prior to loading cargo. The Company provides an
online system with photo, driver license and transport equipment verification
that provides one more check for shippers prior to loading their
cargo.  The Company has recognized no revenue since
inception.  In July of 2007, the Company ceased marketing operations
under its current business plan and is considering other business ventures. The
Company impaired the remaining $9,975 of software development costs that
remained at June 30, 2007 in the quarter ended September 30, 2007.
 
 Commencing
in the fourth quarter of 2007, the Company established an agreement with an
independent consultant that will attempt to attract new business for the
Company.  The Company agreed on December 18, 2007 to pay the
consultant 50,000 shares of stock for his efforts.  In the first
quarter of 2008, the agreement was terminated.  (See Note
9)
  NOTE
      2 -
                SUMMARY OF SIGNIFICANT
      ACCOUNTING POLICIES
  Development Stage
Company
 
 The
Company is considered to be in the development stage as defined in Statement of
Financial Accounting Standards (SFAS) No. 7, “Accounting and Reporting by
Development Stage Enterprises”. The Company has devoted substantially all
of its efforts to business planning and development. Additionally, the Company
has allocated a substantial portion of their time and investment in bringing
their services to the market and the raising of capital.
 
 Use of
Estimates
  The
preparation of the financial statements in conformity with accounting principles
generally accepted in the United States of America requires management to make
estimates and assumptions that affect the reported amounts of assets and
liabilities and disclosures 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.
  Start-up
Costs
 
 In
accordance with the American Institute of Certified Public Accountants Statement
of Position 98-5, “Reporting
on the Costs of Start-up Activities”, the Company expenses all costs
incurred in connection with the start-up and organization of the
Company.
  9
 DRIVER
PASSPORT, INC.
 (A
DEVELOPMENT STAGE COMPANY)
 NOTES
TO FINANCIAL STATEMENTS (UNAUDITED)
 MARCH
31, 2008 AND 2007
 NOTE
      2 -
                SUMMARY OF SIGNIFICANT
      ACCOUNTING POLICIES
(CONTINUED)
  Revenue
Recognition
  Although,
the Company has not recognized revenue to date, the Company will account for the
licensing of its software in accordance with the American Institute of Certified
Public Accountants Statement of Position (SOP) 97-2, “Software Revenue
Recognition.”  The Company will recognize revenue when (i)
persuasive evidence of an arrangement exists; (ii) delivery has occurred or
services have been rendered; (iii) the sales price is fixed or determinable; and
(iv) the ability to collect is reasonably assured.  For software
arrangements with multiple elements, revenue will be recognized dependent upon
whether vendor-specific objective evidence (VSOE) of fair value exists for each
of the elements.  When VSOE does not exist for all the elements of a
software arrangement and the only undelivered element is post-contract customer
support (PCS), the entire licensing fee is recognized ratably over the contract
period.
  Revenue
attributable to undelivered elements, including technical support, will be based
on the sales price of those elements, and will be recognized ratably on a
straight-line basis over the term of the license.  Post-contract
customer support revenue will be recognized ratably over the contract
period.
  If there
are licensing fees collected in advance, revenues from these license fees will
be recognized on a prorated-basis over the life of the license.
  The
Company will assess probability of collection based on a number of factors,
including the creditworthiness of the customer.  New customers will be
subject to a credit review process that evaluates the customers’ financial
position and ultimately its ability to pay according to the original terms of
the arrangement.  Based on this review process, if it is determined
from the outset of an arrangement that collection of the resulting receivable is
not probable, the Company will establish an allowance for
uncollectibility.
 
 Income
Taxes
 
 The
Company accounts for income taxes utilizing the liability method of
accounting.  Under the liability method, deferred taxes are determined
based on differences between financial statement and tax bases of assets and
liabilities at enacted tax rates in effect in years in which differences are
expected to reverse.  Valuation allowances are established, when
necessary, to reduce deferred tax assets to amounts that are expected to be
realized.
  10
 DRIVER
PASSPORT, INC.
 (A
DEVELOPMENT STAGE COMPANY)
 NOTES
TO FINANCIAL STATEMENTS (UNAUDITED)
 MARCH
31, 2008 AND 2007
 NOTE
      2 -
                SUMMARY OF SIGNIFICANT
      ACCOUNTING POLICIES
(CONTINUED)
  Fixed
Assets
 
 Fixed
assets are stated at cost.  Depreciation is computed using the
straight-line method over the estimated useful lives of the assets; computer
equipment – 5 years.
 
 When
assets are retired or otherwise disposed of, the costs and related accumulated
depreciation are removed from the accounts, and any resulting gain or loss is
recognized in income for the period.  The cost of maintenance and
repairs is charged to income as incurred; significant renewals and betterments
are capitalized.  Deduction is made for retirements resulting from
renewals or betterments.
  Impairment of Long-Lived
Assets
  Long-lived
assets, primarily fixed assets, are reviewed for impairment whenever events or
changes in circumstances indicate that the carrying amount of the assets might
not be recoverable.  The Company does not perform a periodic
assessment of assets for impairment in the absence of such information or
indicators.  Conditions that would necessitate an impairment
assessment include a significant decline in the observable market value of an
asset, a significant change in the extent or manner in which an asset is used,
or a significant adverse change that would indicate that the carrying amount of
an asset or group of assets is not recoverable.
 
 Impairment of Long-Lived
Assets
  For
long-lived assets to be held and used, the Company recognizes an impairment loss
only if its carrying amount is not recoverable through its undiscounted cash
flows and measures the impairment loss based on the difference between the
carrying amount and estimated fair value.
 
 (Loss) Per Share of Common
Stock
 
 Basic net
(loss) per common share is computed using the weighted average number of common
shares outstanding.  Diluted earnings per share (EPS) includes
additional dilution from common stock equivalents, such as stock issuable
pursuant to the exercise of stock options and warrants.
 
 Common
stock equivalents were not included in the computation of diluted earnings per
share when the Company reported a loss because to do so would be antidilutive
for periods presented.
  11
 DRIVER
PASSPORT, INC.
 (A
DEVELOPMENT STAGE COMPANY)
 NOTES
TO FINANCIAL STATEMENTS (UNAUDITED)
 MARCH
31, 2008 AND 2007
 NOTE
      2 -
                SUMMARY OF SIGNIFICANT
      ACCOUNTING POLICIES
(CONTINUED)
  (Loss) Per Share of Common
Stock (Continued)
 
 The
following is a reconciliation of the computation for basic and diluted
EPS:
 
 March
      31,
                  
                  
                  March
      31,2008
                  
                  
                  2007Net
      loss
                  
                  $
                  (12,365
                  )
                  
                  $
                  (35,971
                  )Weighted-average
      common sharesoutstanding
      (Basic)
                  
                  
                  29,847,000
                  
                  
                  
                  28,782,000Weighted-average
      common stockEquivalentsStock
      options
                  
                  
                  -
                  
                  
                  
                  -Warrants
                  
                  
                  -
                  
                  
                  
                  -Weighted-average
      common sharesoutstanding
      (Diluted)
                  
                  
                  29,847,000
                  
                  
                  
                  28,782,000
 
 Advertising
 
 The
Company’s policy is to expense the costs of advertising and marketing as
incurred.  All advertising and marketing costs are included in the
statements of operations for the three months ended March 31, 2008 and
2007.
 
 Software Development
Costs
 
 Internal
use software costs are recorded in accordance with Statement of Position (SOP)
No. 98-1, "Accounting for the
Costs of Computer Software Developed or Obtained for Internal
Use".  Qualifying costs incurred during the application
development stage, which consist primarily of outside services, are capitalized
and amortized over the estimated useful life of the asset.  All other
costs, such as the cost of routine maintenance and minor modifications to the
software, are expensed as incurred.  The Company, upon the acquisition
of Driver Passport, LLC, acquired $14,250 of software development costs that
related to the application development stage and therefore have capitalized
these costs. These costs were to be depreciated over a five-year
period.  The Company determined in July 2007, that they will cease the
marketing of their software, and as a result, the Company impaired the remaining
$9,975 in July 2007.  No balance remains at March 31,
2008.  Total amortization for the three months ended March 31, 2008
and 2007 was $0 and $713, respectively.
  12
 DRIVER
PASSPORT, INC.
 (A
DEVELOPMENT STAGE COMPANY)
 NOTES
TO FINANCIAL STATEMENTS (UNAUDITED)
 MARCH
31, 2008 AND 2007
 NOTE
      2 -
                SUMMARY OF SIGNIFICANT
      ACCOUNTING POLICIES
(CONTINUED)
  Uncertainty in Income
Taxes
 
 In July
2006, the FASB issued Interpretation No. 48 (FIN No. 48), “Accounting for
Uncertainty in Income Taxes.”  This interpretation requires
recognition and measurement of uncertain income tax positions using a
“more-likely-than-not” approach.  FIN No. 48 is effective for fiscal
years beginning after December 15, 2006. Management adopted FIN 48 in 2007, and
they evaluate their tax positions on an annual basis, and has determined as of
March 31, 2008, that no additional accrual for income taxes is
necessary.
  Recent Accounting
Pronouncements
  In
September 2006, the FASB issued SFAS 157, “Fair Value Measurements.” This
standard defines fair value, establishes a framework for measuring fair value in
generally accepted accounting principles, and expands disclosure about fair
value measurements. This statement is effective for financial statements issued
for fiscal years beginning after November 15, 2007. Early adoption is
encouraged. The adoption of SFAS 157 has not had a material impact on the
financial statements.
  In
February 2007, the FASB issued FAS No. 159, “The Fair Value Option for Financial
Assets and Financial Liabilities – Including an amendment of FASB Statement No.
115”, (“FAS 159”) which permits entities to choose to measure many financial
instruments and certain other items at fair value at specified election dates. A
business entity is required to report unrealized gains and losses on items for
which the fair value option has been elected in earnings at each subsequent
reporting date. This statement is expected to expand the use of fair value
measurement. FAS 159 is effective for financial statements issued for fiscal
years beginning after November 15, 2007, and interim periods within those fiscal
years.
 
 In
December 2007, the FASB issued SFAS No. 160, “Noncontrolling Interests in
Consolidated Financial Statements, an amendment of Accounting Research Bulletin
No 51” (SFAS 160). SFAS 160 establishes accounting and reporting standards for
ownership interests in subsidiaries held by parties other than the parent,
changes in a parent’s ownership of a noncontrolling interest, calculation and
disclosure of the consolidated net income attributable to the parent and the
noncontrolling interest, changes in a parent’s ownership interest while the
parent retains its controlling financial interest and fair value measurement of
any retained noncontrolling equity investment. SFAS 160 is effective for
financial statements issued for fiscal years beginning after December 15, 2008,
and interim periods within those fiscal years.  Early adoption is
prohibited.  Management is determining the impact that the adoption of
SFAS No. 160 will have on the Company’s financial position, results of
operations or cash flows.
  13
 DRIVER
PASSPORT, INC.
 (A
DEVELOPMENT STAGE COMPANY)
 NOTES
TO FINANCIAL STATEMENTS (UNAUDITED)
 MARCH
31, 2008 AND 2007
 NOTE
      2 -
                SUMMARY OF SIGNIFICANT
      ACCOUNTING POLICIES
(CONTINUED)
  Recent Accounting
Pronouncements (Continued)
  In
December 2007, the FASB issued SFAS 141R,Business Combinations (“SFAS
141R”), which replaces FASB SFAS 141,Business
Combinations.  This Statement retains the fundamental
requirements in SFAS 141 that the acquisition method of accounting be used for
all business combinations and for an acquirer to be identified for each business
combination.  SFAS 141R defines the acquirer as the entity that
obtains control of one or more businesses in the business combination and
establishes the acquisition date as the date that the acquirer achieves
control.  SFAS 141R will require an entity to record separately from
the business combination the direct costs, where previously these costs were
included in the total allocated cost of the acquisition.  SFAS 141R
will require an entity to recognize the assets acquired, liabilities assumed,
and any non-controlling interest in the acquired at the acquisition date, at
their fair values as of that date.  This compares to the cost
allocation method previously required by SFAS No. 141.  SFAS 141R will
require an entity to recognize as an asset or liability at fair value for
certain contingencies, either contractual or non-contractual, if certain
criteria are met.  Finally, SFAS 141R will require an entity to
recognize contingent consideration at the date of acquisition, based on the fair
value at that date.  This Statement will be effective for business
combinations completed on or after the first annual reporting period beginning
on or after December 15, 2008.  Early adoption of this standard is not
permitted and the standards are to be applied prospectively
only.  Upon adoption of this standard, there would be no impact to the
Company’s results of operations and financial condition for acquisitions
previously completed.  The adoption of SFAS No. 141R is not expected
to have a material effect on the Company’s financial position, results of
operations or cash flows.
 
 In
December 2007, the Securities and Exchange Commission issued Staff Accounting
Bulletin No. 110, “Use of a
Simplified Method in Developing Expected Term of Share Options” (“SAB
110”). SAB 110 expenses the current view of the staff that it will accept a
company’s election to use the simplified method discussed in Staff Accounting
Bulletin No. 107, “Share Based
Payment”, (“SAB 107”), for estimating the expected term of “plain
vanilla” share options regardless of whether the company has sufficient
information to make more refined estimates. SAB 110 became effective for the
Company on January 1, 2008. The adoption of SAB 110 did not have a material
impact on the Company’s financial position.
 
 Other
accounting standards that have been issued or proposed by the FASB or other
standards-setting bodies that do not require adoption until a future date and
are not expected to have a material impact on the consolidated financial
statements upon adoption.
  14
 DRIVER
PASSPORT, INC.
 (A
DEVELOPMENT STAGE COMPANY)
 NOTES
TO FINANCIAL STATEMENTS (UNAUDITED)
 MARCH
31, 2008 AND 2007
  NOTE
      3-
                FIXED
      ASSETS
  Fixed
assets as of March 31, 2008 and December 31, 2007 were as follows:
 
 Estimated
                  Useful
                  Lives
      (Years)
                
                
                March 31,
      2008
                
                
                December 31,
      2007Computer
      equipment
                
                
                5
                
                
                $
                7,281
                
                
                $
                7,281Less:
      accumulated depreciation
                
                
                
                
                
                
                (2,348
                )
                
                
                (1,800
                )Fixed
      assets, net
                
                
                
                
                
                $
                4,933
                
                
                $
                5,481
 
 There was
$548 and $210 charged to operations for depreciation expense for the three
months ended March 31, 2008 and 2007, respectively.
  NOTE
      4-
                SHARING
      ARRANGEMENT
  The
Company has a bank account, however, runs most of its operations and banking
activity through a related party, its majority shareholder and the majority
shareholders related entities.  Since Driver Passport, LLC’s
inception, October 12, 2004, most of the Company’s transactions involving its
cash disbursements had been provided by a related company who was funded by the
Company’s former sole member.  At December 31, 2005 and December 31,
2004, the Company had a note payable with this member in the amount of $130,081
and $537, respectively.  However, on December 31, 2005, the former
sole member converted these amounts to contributed
capital.  Therefore, Driver Passport, LLC had no amounts outstanding
on December 31, 2005 to the sole member.  Upon acquisition of Driver
Passport, LLC by the Company, the majority shareholder and former sole member of
the Company funded all activity either personally or through an entity
controlled by him, and the Company entered into a note payable with this
majority shareholder for repayment of these amounts funded. (See Note 5). As of
March 31, 2008, the Company has $262,251 outstanding to this majority
shareholder, as well as $30,165 in accrued interest.
  NOTE
      5-
                NOTE
      PAYABLE
  The
Company entered into an unsecured promissory note with a shareholder in a
maximum amount of $500,000, due on demand. The shareholder has charged the
Company interest at the prime rate (6.00% as of March 31,
2008).  Interest is calculated on a monthly basis on the principal
balance owing on the last day of the month.  The balance as of March
31, 2008 is $292,416 which includes accrued interest of
$30,165.  Interest expense for the three months ended March 31, 2008
and 2007 included in the statements of operations is $4,159 and $3,766,
respectively.
  15
  DRIVER
PASSPORT, INC.
 (A
DEVELOPMENT STAGE COMPANY)
 NOTES
TO FINANCIAL STATEMENTS (UNAUDITED)
 MARCH
31, 2008 AND 2007
 NOTE
      5-
                NOTE PAYABLE
      (CONTINUED)
  Driver
Passport, LLC entered into a note payable with its member for the payment of all
the costs that Driver Passport, LLC incurred.  The member charged
prime rate (7.00% at December 31, 2005 and 5.25% at December 31, 2004) on all
amounts owed by Driver Passport, LLC.  The note was dated January 1,
2005, and interest was assessed monthly based on the principal balance owing as
of the last day of the month.  On December 31, 2005, the sole member
converted these amounts to contributed capital.  Driver Passport, LLC
had no amounts outstanding on December 31, 2005 to the sole member.
  NOTE
      6-
                PROVISION FOR INCOME
      TAXES
 
 Deferred
income taxes are determined using the liability method for the temporary
differences between the financial reporting basis and income tax basis of the
Company’s assets and liabilities.  Deferred income taxes are measured
based on the tax rates expected to be in effect when the temporary differences
are included in the Company’s tax return.  Deferred tax assets and
liabilities are recognized based on anticipated future tax consequences
attributable to differences between financial statement carrying amounts of
assets and liabilities and their respective tax bases.
 
 At March
31, 2008, deferred tax assets consist of the following:
 Net
      operating losses
                  
                  $
                  172,061Valuation
      allowance
                  
                  
                  (172,061
                  )$
                  -
  At March
31, 2008, the Company had a net operating loss carryforward in the approximate
amount of $506,061, available to offset future taxable income through
2028.  The Company established valuation allowances equal to the full
amount of the deferred tax assets due to the uncertainty of the utilization of
the operating losses in future periods.
  16
 DRIVER
PASSPORT, INC.
 (A
DEVELOPMENT STAGE COMPANY)
 NOTES
TO FINANCIAL STATEMENTS (UNAUDITED)
 MARCH
31, 2008 AND 2007
 
 NOTE
      6-
                PROVISION FOR INCOME
      TAXES (CONTINUED)
 
 A
reconciliation of the Company’s effective tax rate as a percentage of income
before taxes and federal statutory rate for the three months ended March 31,
2008 and 2007 is summarized as follows:
 2008
                
                
                2007Federal
      statutory rate
                
                
                (34.0
                )%
                
                
                (34.0
                )%State
      income taxes, net of federal benefits
                
                
                4.5
                
                
                
                4.5Valuation
      allowance
                
                
                29.5
                
                
                
                29.50
                %
                
                
                0
                %
  NOTE
      7-
                GOING
      CONCERN
 
 As shown
in the accompanying financial statements, as is typical of companies going
through the development stage, the Company incurred a net loss for the three
months ended March 31, 2008 and 2007 of $12,365 and $35,971, respectively and
since inception has losses of $610,742 of which $506,061 occurred in Driver
Passport Inc.  The Company had a working capital deficit of $302,211
and $290,394 at March 31, 2008 and December 31, 2007, respectively.
 
 The
Company acquired a development stage company on January 1, 2006, and there is no
guarantee that the Company will be able to generate enough revenue and/or raise
capital to support current operations and generate anticipated
sales.  This raises substantial doubt about the Company’s ability to
continue as a going concern.  The Company did sell 1,197,000 shares
for $39,900 in cash in June of 2006.  Management believes that the
Company’s future capital requirements will depend on many factors including the
success of the Company’s product development efforts.
 
 In July
of 2007, the Company has ceased marketing operations under its current business
plan and is considering other business ventures.  Commencing in the
fourth quarter of 2007, the Company established an agreement with a consultant
that will attempt to attract new business for the Company.  The
Company agreed on December 18, 2007 to pay the consultant 50,000 shares of
stock.  In the first quarter of 2008, the agreement with the
independent consultant was terminated.
 
 The
financial statements do not include any adjustments that might result from the
outcome of these uncertainties.
  17
 DRIVER
PASSPORT, INC.
 (A
DEVELOPMENT STAGE COMPANY)
 NOTES
TO FINANCIAL STATEMENTS (UNAUDITED)
 MARCH
31, 2008 AND 2007
 NOTE
      8-
                STOCKHOLDERS’ EQUITY
      (DEFICIT)
 
 The
Company was established with 50,000,000 shares of authorized stock; 40,000,000
of common stock and 10,000,000 of preferred stock.  Each class of
stock has a par value of $.001.
 
 On
January 1, 2006, the Company acquired Driver Passport, LLC for 25,500,000 shares
of common stock.  The value of the stock was par or
$25,500.
 
 In June
2006, the Company issued 2,217,000 shares of common stock.  Of these
shares, 1,197,000 shares were issued for $39,900 in cash, and 1,020,000 shares
were issued for consulting services valued at $34,000.  The Company
also received $1,500 of contributed capital in the year ended December 31, 2006
and $1,383 of contributed capital for the year ended December 31,
2007.
 
 In July
2006, the Company received acknowledgement from the Securities and Exchange
Commission of an effective registration.  No additional shares have
been traded or issued under this registration.
 
 The
Company accrued at December 31, 2006 the issuance of 2,130,000 shares of common
stock valued at $.05 per share (the opening bid price of the common stock) or
$106,500. These shares were earned under agreements due when the Company was
deemed effective by the SEC and commenced trading. The shares were issued on
February 15, 2007.
 
 The
Company accrued at December 18, 2007 the issuance of 50,000 shares of common
stock valued at $0.08 per share or $4,000.  These shares were earned
by Jay Mitchell, an independent consultant, as part of an agreement to promote
the Company.
 
 As of
March 31, 2008, the Company had 29,847,000 shares issued and
outstanding.
  18
 DRIVER
PASSPORT, INC.
 (A
DEVELOPMENT STAGE COMPANY)
 NOTES
TO FINANCIAL STATEMENTS (UNAUDITED)
 MARCH
31, 2008 AND 2007
 NOTE
      9-
                COMMITMENTS
  The
Company has entered into several contracts for services as follows:
  a)
                Product
      development and marketing – fees were $0 and $13,550 for the three months
      ended March 31, 2008 and 2007,
respectively.
  b)
                Accounting
      and administrative services, including website development – fees were
      $2,689 and $3,400 for the three months ended March 31, 2008 and 2007,
      respectively and is based on time at standard billing
    rates.
  The
Company has recognized expenses as incurred under the accrual method of
accounting.  As of March 31, 2008 there are no amounts accrued for
these services.  These fees were paid through the note payable with
the majority shareholder.
  The
Company in February 2007, formed a strategic partnership with Corporate Security
Services Group in order to enhance existing security services. These services
will focus on providing a variety of services including comprehensive employment
screening services both domestically and internationally to site specific
security plans.
  The
Company in December 2007 entered into an agreement with Jay Mitchell. 
 Jay Mitchell is an independent consultant that will utilize the Company’s
name, website and marketing materials to promote the Company’s services. 
Jay Mitchell in return will receive 50,000 shares of common stock.  In
addition, he has the potential to receive additional shares based on various
levels of drivers he is able to sign up under the program established.  As
of March 31, 2008, there were no drivers signed up under this agreement. 
The Company will reimburse Jay Mitchell for expenses related to his work on
promoting the Company’s services.  As of March 31, 2008, no expenses had
been incurred that would qualify for reimbursement. In the first quarter of
2008, the agreement was terminated.
  19
  Item
2. Management’s Discussion and Analysis of Financial Condition and Results of
Operations
 
 Forward-Looking
Statements
 
 The
following discussion and analysis is provided to increase the understanding of,
and should be read in conjunction with, the Financial Statements of the Company
and Notes thereto included elsewhere in this Report. Historical results and
percentage relationships among any amounts in these financial statements are not
necessarily indicative of trends in operating results for any future period. The
statements, which are not historical facts contained in this Report, including
this Plan of Operations, and Notes to the Financial Statements, constitute
"forward-looking statements" within the meaning of the Private Securities
Litigation Reform Act of 1995. Such statements are based on currently available
operating, financial and competitive information, and are subject to various
risks and uncertainties. Future events and the Company's actual results may
differ materially from the results reflected in these forward-looking
statements. Factors that might cause such a difference include, but are not
limited to, dependence on existing and future key strategic and strategic
end-user customers, limited ability to establish new strategic relationships,
ability to sustain and manage growth, variability of operating results, the
Company's expansion and development of new service lines, marketing and other
business development initiatives, the commencement of new engagements,
competition in the industry, general economic conditions, dependence on key
personnel, the ability to attract, hire and retain personnel who possess the
technical skills and experience necessary to meet the service requirements of
its clients, the potential liability with respect to actions taken by its
existing and past employees, risks associated with international sales, and
other risks described herein and in the Company's other SEC
filings.
  The safe
harbors of forward-looking statements provided by Section 21E of the Exchange
Act are unavailable to issuers of penny stock. As we issued securities at a
price below $5.00 per share, our shares are considered penny stock and such safe
harbors set forth under the Reform Act are unavailable to us.
  General
 
 We are a
real-time, internet, driver security program allowing shippers to verify and
validate the driver prior to loading cargo. We provide an online system with
photo, driver license and transport equipment verification that provides one
more check for shippers prior to loading their cargo.
  We
are:
 
 ·
                  a
      development stage company;·
                  that
      has no operating history; and·
                  has
      earned no revenues.
 
 Since our
inception, we have devoted our activities to the following:
 
 ·
                  Developing
      our business plan·
                  Obtaining
      our products·
                  Determining
      the market for the services we intend to offer on our
    website·
                  Developing
      a marketing plan.
  20
 
 Plan of
Operations
 
 Our
proposed plan of operations involves the following:
  Event
                    Actions
                    Lead
      Time
                    Itemized
      estimated costCustomized
      enhancement of
                      driver
      validation screen.
                    Additional
      verification field to
                      include
      driver pickup or load
                      reference
      number.
                    One
      week from first client contract.
                    Contracted
      IT labor.
                      10
      hours @ $80/hr billable rate.
                      Total
      estimated cost of $800.Testing
      of Load Reference field
                      before
      broad customer release.
                    Active
      testing of field and
                      potentialnegative
      impact on
                      software
                    One
      week dedicated testing from completion of field
      creation.
                    Contracted
      IT labor.
                      15
      hours @ $80/hr billable rate.
                      Total
      estimated cost of $1,200.Addition
      of upgraded badge printer allowing for hologram technology
                      on
      badges.
                    Faster
      badge printer will be
                      necessary
      to expedite client
                      badge
      shipments.
                    Six
      weeks from closure of first
                      recorded
      sales month.
                    Contracted
      IT labor.
                      10
      hours @ $80/hr billable rate.
                      Labor
      cost $800.
                      Estimated
      cost of badge printer,
                      softwareand
      shipping $10,000.
                      Total:
      $10,800Research
      potential program and
                      business
      expansion to offer driverhiring research services such as: criminal
      background check, reference checks, MVR verification, credit
      history
                      research.
                    Research
      contractors providing
                      various
      services, negotiate terms,
                      create
      business plan and SOP's,
                      evaluate
      benefits of incorporating business model into DPP.
                    Six
      months after initial sales
                      commence.
                    Internal
      management resources to research contractors, create business model and
      evaluate potential.
                      20
      hours at $125 hourly rate.
                      $2,500
      estimated research cost.Creation
      of online 'Click for Help'
                      queries
      for customers.
                    Create
      individual field 'help'
                      descriptive
      screens.
                    Two
      month lead time from closure
                      of
      first year.
                    Contracted
      IT labor.
                      120
      hours @ $80/hr billable rate.
                      Total
      estimated cost $9,600.
                      Should
      provide additional on-line support reducing need for additional IT and
      customer service support staff.
 We
entered into an unsecured promissory note with Mr. Brown in a maximum amount of
$500,000, due on demand. Mr. Brown has charged the Company interest at the prime
rate (6.00% as of March 31, 2008). Interest is calculated on a monthly basis on
the principal balance owing on the last day of the month. The balance as of
March 31, 2008 is $292,416 which includes accrued interest of $30,165. Until
financing described below has been received, all our costs, which we will incur
irrespective of our business development activities, including bank service fees
and those costs associated with on-going SEC reporting requirements, estimated
to be $3,000 per quarter in which a report on Form 10-QSB is required to be
filed and $12,500 in the quarter in which a report on Form 10-KSB is required to
be filed, will be funded as a loan from management, to the extent that funds are
available to do so. Management has advanced $262,251 for our operating expenses
and any capital expenditures we have acquired as of March 31,
2008.  Management is not obligated to provide these or any other
funds. If we fail to meet these requirements, we will be unable to secure a
qualification for quotation of our securities on the over the counter bulletin
board, or if we have secured a qualification, may lose the qualification and our
securities would no longer trade on the over the counter bulletin board.
Further, if we fail to meet these obligations and as a consequence we fail to
satisfy our SEC reporting obligations, investors will now own stock in a company
that does not provide the disclosure available in quarterly and annual reports
filed with the SEC and investors may have increased difficulty in selling their
stock as we will be non-reporting.
  21
 
 We will
need to secure a minimum of approximately $50,000 in funds to finance
development of our business in the next 12 months, which funds will be used for
product development and sales and marketing. However in order to become
profitable we may still need to secure additional debt or equity funding. We
hope to be able to raise additional funds from an offering of our stock in the
future. However, this offering may not occur, or if it occurs, may not raise the
required funding. We do not have any plans or specific agreements for new
sources of funding, except for the anticipated loans from management as
described above, or any planned material acquisitions.
 
 We are a
development stage company that as of March 31, 2008 had no cash on hand., We
incurred a net loss for the three months ended March 31, 2008 and 2007 of
$12,365 and $35,971, respectively and since inception has losses of $610,742 of
which $506,061 occurred in Driver Passport Inc.
 
 We did
raise $39,900 in cash from a private offering of our shares in June 2006. In
order to commence operations and become profitable we will need to secure
additional debt or equity funding. We have no source of other funding
identified. We also hope to be able to raise additional funds from an offering
of our stock in the future. We have no agreements, commitments or understandings
in place concerning this type of offering. This offering may not occur, or if it
occurs, may not raise the required funding.
 
 Our
ability to continue as a going concern is dependent on our ability to raise
funds to implement our planned development; however we may not be able to raise
sufficient funds to do so. Our independent auditors have indicated that there is
substantial doubt about our ability to continue as a going concern over the next
twelve months. Our poor financial condition could inhibit our ability to achieve
our business plan. Because we have not commenced operations, an investor cannot
determine if we will ever become profitable.
 
 In
February 2007, we entered into a strategic partnership with Corporate Security
Services Group in order to enhance existing security services.  These
services will focus on providing comprehensive employment screening services to
site specific security plans.
  Item 3. Controls and
Procedures
 
 An
evaluation was carried out under the supervision and with the participation of
the Company’s management, including the Chief Executive Officer ("CEO" and Chief
Financial Officer "CFO"), of the effectiveness of the Company’s disclosure
controls and procedures as of March 31, 2008. Based on that evaluation, the CEO
and CFO have concluded that the Company’s disclosure controls and procedures are
effective to provide reasonable assurance that: (i) information required to
be disclosed by the Company in reports that it files or submits under the
Securities Exchange Act of 1934 is accumulated and communicated to the Company’s
management, including the CEO and CFO, as appropriate to allow timely decisions
regarding required disclosure by the Company; and (ii) information required
to be disclosed by the Company in reports that it files or submits under the
Securities Exchange Act of 1934 is recorded, processed, summarized and reported
within the time periods specified in Securities and Exchange Commission
rules and forms. During the quarter ended March 31, 2008 there were no
changes in the Company’s internal control over financial reporting that have
materially affected, or are reasonably likely to materially affect, its internal
control over financial reporting.
  22
  As of
December 31, 2007 management conducted an assessment of the effectiveness of
Company's internal control over financial reporting based on the criteria for
effective internal control over financial reporting established in "Internal
Control — Integrated Framework," issued by the Committee of Sponsoring
Organizations (COSO) of the Treadway Commission. Based upon this assessment, we
determined that there was a material weakness affecting our internal control
over financial reporting and, as a result of that weakness, our disclosure
controls and procedures were not effective as of December 31, 2007.  The
material weakness is as follows:
 We did
not maintain effective controls to ensure appropriate segregation of duties as
the same employees were responsible for the initiating and recording of
transactions, thereby creating segregation of duties weaknesses. Due to the (1)
significance of segregation of duties to the preparation of reliable financial
statements, (2) the significance of potential misstatement that could have
resulted due to the deficient controls and (3) the absence of sufficient other
mitigating controls, we determined that this control deficiency resulted in more
than a remote likelihood that a material misstatement or lack of disclosure
within the annual or interim financial statements will not be prevented or
detected.
 
 PART
II - OTHER INFORMATION
 
 Item
1. Legal Proceedings
 
 None
 
 Item
2. Changes in Securities
 
 None
 
 Item
3. Defaults upon Senior Securities.
 
 None
 
 Item
4. Submission of Matters to a Vote of Security Holders.
 
 None
 
 Item
5. Other Information.
 
 None
  Item
6. Exhibits
 
 Exhibit
      #
                  Name
      and/or Identification of Exhibit31.1
                  Certification
      of the Chief Executive Officer and Chief Financial Officer pursuant to
      Section 302 of the Sarbanes-Oxley Act of 2002.
Attached.32.1
                  Certification
      of the Chief Executive Officer and Chief Executive Officer and
      Chief Financial Officer pursuant to U.S.C. Section 1350 as
      adopted pursuant to Section 906 of the Sarbanes-Oxley Act of
      2002.
  23


SIGNATURES




In
accordance with the Exchange Act, the registrant caused this report to be signed
on its behalf by the undersigned, thereunto duly authorized.




DRIVER
      PASSPORT, INC.Date:
      April 28,
      2008
            By:
            /s/ Randy
      BrownRandy
      BrownChief
      Executive Officer and Chief Financial Officer








24