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

                                   FORM 10-QSB

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

                      For the Period ended August 31, 2006

                        Commission File Number 333-136247


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


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


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


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

Check whether the registrant (1) has filed all reports required to be filed by
Section 13 or 15 (d) of the Securities Exchange Act of 1934 during the preceding
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 [ ]

There were 1,000,000 shares of Common Stock outstanding as of August 31, 2006.
<PAGE>
ITEM 1. FINANCIAL STATEMENTS

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

<TABLE>
<CAPTION>
                                                                         As of             As of
                                                                       August 31,          May 31,
                                                                          2006              2006
                                                                        -------           -------
<S>                                                                     <C>               <C>
                                     ASSETS

CURRENT ASSETS
  Cash                                                                  $ 2,920           $ 5,000
                                                                        -------           -------
TOTAL CURRENT ASSETS                                                      2,920             5,000
                                                                        -------           -------

                                                                        $ 2,920           $ 5,000
                                                                        =======           =======

                  LIABILITIES & STOCKHOLDERS' EQUITY (DEFICIT)

CURRENT LIABILITIES
  Accounts Payable                                                        2,000               340
  Due a Director                                                            300                --
                                                                        -------           -------
TOTAL CURRENT LIABILITIES                                                 2,300               340
                                                                        -------           -------

TOTAL LIABILITIES                                                         2,300               340

STOCKHOLDERS' EQUITY (DEFICIT)
  Common stock, ($0.001 par value, 75,000,000 shares
   authorized; 1,000,000 shares issued and
   outstanding as of May 31 and September 30, 2006)                       1,000             1,000
  Additional paid-in capital                                              4,000             4,000
  Deficit accumulated during development stage                           (4,380)             (340)
                                                                                           (2,380)
                                                                        -------           -------
TOTAL STOCKHOLDERS' EQUITY (DEFICIT)                                        620             4,660
                                                                        -------           -------

      TOTAL LIABILITIES & STOCKHOLDERS' EQUITY (DEFICIT)                $ 2,920           $ 5,000
                                                                        =======           =======
</TABLE>

                       See Notes to Financial Statements

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

                                                                  March 30, 2006
                                              Three Months          (inception)
                                                 Ended                through
                                               August 31,            August 31,
                                                  2006                  2006
                                              -----------           -----------
REVENUES
  Revenues                                    $        --           $        --
                                              -----------           -----------
TOTAL REVENUES                                         --                    --

OPERATING COSTS
  Administrative Expenses                           4,040                 4,380
                                              -----------           -----------
TOTAL OPERATING COSTS                               4,040                 4,380
                                              -----------           -----------

NET INCOME (LOSS)                             $    (4,040)          $    (4,380)
                                              ===========           ===========

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


                       See Notes to Financial Statements

                                       3
<PAGE>
                          DOMAR EXOTIC FURNISHINGS INC.
                          (A Development Stage Company)
                  Statement of Changes in Stockholders' Equity
             From March 30, 2006 (Inception) through August 31, 2006
--------------------------------------------------------------------------------

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

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

Net loss,  May 31, 2006                                                     (340)         (340)
                              ----------     -------       ------        -------       -------
BALANCE, MAY 31, 2006          1,000,000     $ 1,000       $4,000        $  (340)      $ 4,660
                              ----------     -------       ------        -------       -------
Net loss,  August 31, 2006                                                (4,040)       (4,040)
                              ----------     -------       ------        -------       -------

BALANCE, AUGUST 31, 2006       1,000,000     $ 1,000       $4,000        $(4,380)      $   620
                              ==========     =======       ======        =======       =======
</TABLE>

                       See Notes to Financial Statements

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

<TABLE>
<CAPTION>
                                                                                     March 30, 2006
                                                                  Three Months         (inception)
                                                                     Ended               through
                                                                   August 31,           August 31,
                                                                      2006                 2006
                                                                    -------              -------
<S>                                                                 <C>                  <C>
CASH FLOWS FROM OPERATING ACTIVITIES
  Net income (loss)                                                 $(4,040)             $(4,380)
  Adjustments to reconcile net loss to net cash
   provided by (used in) operating activities:
  Changes in operating assets and liabilities:
    Increase (decrease) in Accounts Payable                           1,660                   --
    Increase (decrease) in Due a Director                               300                  300
                                                                    -------              -------
       NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES           (2,080)              (4,080)

CASH FLOWS FROM INVESTING ACTIVITIES

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

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

NET INCREASE (DECREASE) IN CASH                                      (2,080)                 920

CASH AT BEGINNING OF PERIOD                                           5,000                   --
                                                                    -------              -------
CASH AT END OF PERIOD                                               $ 2,920              $   920
                                                                    =======              =======

SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION
Cash paid during year for:
  Interest                                                          $    --              $    --
                                                                    =======              =======
  Income Taxes                                                      $    --              $    --
                                                                    =======              =======
</TABLE>

                       See Notes to Financial Statements

                                       5
<PAGE>
                          DOMAR EXOTIC FURNISHINGS INC.
                         (An Development Stage Company)
                          Notes to Financial Statements
                                 August 31, 2006


NOTE 1. ORGANIZATION AND DESCRIPTION OF BUSINESS

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

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

NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

A. BASIS OF ACCOUNTING

The Company's  financial  statements  are prepared  using the accrual  method of
accounting. The Company has elected a May 31, year-end.

B. BASIC EARNINGS PER SHARE

In February  1997,  the FASB issued SFAS No. 128,  "Earnings  Per Share",  which
specifies the computation, presentation and disclosure requirements for earnings
(loss) per share for entities  with  publicly  held common  stock.  SFAS No. 128
supersedes the provisions of APB No. 15, and requires the  presentation of basic
earnings (loss) per share and diluted earnings (loss) per share. The Company has
adopted the provisions of SFAS No. 128 effective March 30, 2006 (inception).

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

C. CASH EQUIVALENTS

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

D. USE OF ESTIMATES AND ASSUMPTIONS

The preparation of financial  statements in conformity  with generally  accepted
accounting principles requires management to make estimates and assumptions that
affect  the  reported  amounts  of assets  and  liabilities  and  disclosure  of
contingent  assets and  liabilities at the date of the financial  statements and
the  reported  amounts of revenues  and expenses  during the  reporting  period.
Actual results could differ from those estimates. In accordance with FASB 16 all
adjustments are normal and recurring.

                                       6
<PAGE>
                          DOMAR EXOTIC FURNISHINGS INC.
                         (An Development Stage Company)
                          Notes to Financial Statements
                                 August 31, 2006


NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

E. INCOME TAXES

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

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

NEW ACCOUNTING PRONOUNCEMENTS:

In November 2004, the Financial  Accounting  Standards  Board (FASB) issued SFAS
151,  Inventory  Costs - an amendment of ARB No. 43,  Chapter 4. This  Statement
amends the guidance in ARB No. 43,  Chapter 4,  "Inventory  Pricing," to clarify
the accounting for abnormal amounts of idle facility expense,  freight, handling
costs,  and  wasted  material  (spoilage).  Paragraph  5 of ARB 43,  Chapter  4,
previously  stated  that  "...  under  some  circumstances,  items  such as idle
facility expense,  excessive spoilage,  double freight, and rehandling costs may
be so  abnormal  as to require  treatment  as current  period  charges..."  This
Statement  requires  that those items be recognized  as  current-period  charges
regardless  of whether they meet the  criterion of "so  abnormal."  In addition,
this Statement  requires that  allocation of fixed  production  overheads to the
costs  of  conversion  be  based  on  the  normal  capacity  of  the  production
facilities.  The  provisions of this Statement will be effective for the Company
beginning with its fiscal year ending May 31, 2007. Management believes that the
adoption of this  Statement will not have any immediate  material  impact on the
Company.

                                       7
<PAGE>
                          DOMAR EXOTIC FURNISHINGS INC.
                         (An Development Stage Company)
                          Notes to Financial Statements
                                 August 31, 2006


NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

NEW ACCOUNTING PRONOUNCEMENTS:

In December 2004, the FASB issued SFAS 123 (revised 2004) "Share-Based Payment".
This  Statement   requires  that  the  cost   resulting  from  all   share-based
transactions be recorded in the financial statements.  The Statement establishes
fair value as the measurement  objective in accounting for  share-based  payment
arrangements and requires all entities to apply a  fair-value-based  measurement
in accounting for share-based payment transactions with employees. The Statement
also  establishes  fair value as the measurement  objective for  transactions in
which an entity  acquires  goods or services from  non-employees  in share-based
payment transactions. The Statement replaces SFAS 13 "Accounting for Stock-Based
Compensation"  and supersedes APB Opinion No. 25 "Accounting for Stock Issued to
Employees".  The  provisions of this Statement will be effective for the Company
beginning  with its fiscal year ending May 31, 2007.  The Company  believes that
the  implementation  of this  standard  will not have a  material  impact on its
financial position, results of operations or cash flows.

In March 2005,  the  Securities  and  Exchange  Commission  (SEC)  issued  Staff
Accounting  Bulletin No. 107 (SAB 107) which  provides  guidance  regarding  the
interaction  of SFAS 123 (R) and  certain  SEC  rules and  regulations.  The new
guidance  includes  the  SEC's  view on the  valuation  of  share-based  payment
arrangements  for  public  companies  and may  simplify  some of SFAS 123 (R) `s
implementation  challenges for registrants and enhance the information investors
receive.

In  March  2005,  the FASB  issued  FIN 47,  Accounting  for  Conditional  Asset
Retirement  Obligations,  which  clarifies  that  the  term  `conditional  asset
retirement  obligation'  as used in SFAS 143,  Accounting  for Asset  Retirement
Obligations,  refers  to a legal  obligation  to  perform  an  asset  retirement
activity in which the timing and/or method of settlement  are  conditional  on a
future  event that may or may not be within the  control of the  entity.  FIN 47
requires an entity to recognize a liability  for the fair value of a conditional
asset retirement obligation if the fair value can be reasonably  estimated.  FIN
47 is effective  no later than the end of the fiscal year ending after  December
15, 2005.  The Company does not believe that FIN 47 will have a material  impact
on its financial position or results from operations.

In  August  2005,  the FASB  issued  SFAS  154,  Accounting  Changes  and  Error
Corrections.  This  statement  applies to all  voluntary  changes in  accounting
principle  and  to  changes  required  by an  accounting  pronouncement  if  the
pronouncement does not include specific  transition  provisions,  and it changes
the  requirements   for  accounting  for  and  reporting  them.   Unless  it  is
impractical,  the statement requires retrospective application of the changes to
prior periods' financial statements.  This statement is effective for accounting
changes and  correction of errors made in fiscal year  beginning  after December
15, 2005.

                                       8
<PAGE>
                          DOMAR EXOTIC FURNISHINGS INC.
                         (An Development Stage Company)
                          Notes to Financial Statements
                                 August 31, 2006


NOTE 3. GOING CONCERN

The  accompanying  financial  statements are presented on a going concern basis.
The Company had no operations  during the period from March 30, 2006 (inception)
to August 31, 2006 and  generated a net loss of $4,380.  This  condition  raises
substantial  doubt about the Company's  ability to continue as a going  concern.
Because  the  Company is  currently  in the  development  stage and has  minimal
expenses,  management  believes  that the  company's  current  cash of $2,920 is
sufficient  to cover the expenses  they will incur during the next twelve months
in a limited operations scenario or until they raise additional funding.

Management  plans to raise  additional  funds through debt or equity  offerings.
Management's  current plan includes a SB-2 registration  statement with the U.S.
Securities and Exchange Commission of 1,000,000 shares for sale at $.05 per unit
to raise  capital of $50,000  to  implement  their  business  plan.  There is no
guarantee that the Company will be able to raise any capital through this or any
other offerings.

NOTE 4. WARRANTS AND OPTIONS

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

NOTE 5. RELATED PARTY TRANSACTIONS

The Company  neither  owns nor leases any real or personal  property.  Beginning
June 1, 2006 the  Company  has paid a director  $100 per month for use of office
space and  services.  All officers and  directors of the Company are involved in
other  business  activities  and may in the  future,  become  involved  in other
business opportunities as they become available.

Thus they may face a conflict in  selecting  between the Company and their other
business  interests.  The Company has not formulated a policy for the resolution
of such conflicts.

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

                                       9
<PAGE>
                          DOMAR EXOTIC FURNISHINGS INC.
                         (An Development Stage Company)
                          Notes to Financial Statements
                                 August 31, 2006


NOTE 6. INCOME TAXES

                                                           As of August 31, 2006
                                                           ---------------------
     Deferred tax assets:
     Net operating tax carryforwards                              $   657
     Other                                                              0
                                                                  -------
     Gross deferred tax assets                                        657
     Valuation allowance                                             (657)
                                                                  -------

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

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

NOTE 7. NET OPERATING LOSSES

As of August 31, 2006,  the Company has a net operating  loss  carryforwards  of
approximately  $4,380. Net operating loss carryforward expires twenty years from
the date the loss was incurred.

NOTE 8. STOCK TRANSACTIONS

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

On March 30, 2006 the Company issued a total of 1,000,000 shares of common stock
to two directors for cash at $0.005 per share for a total of $5,000.

As of August 31, 2006 the Company had  1,000,000  shares of common  stock issued
and outstanding.

                                       10
<PAGE>
                          DOMAR EXOTIC FURNISHINGS INC.
                         (An Development Stage Company)
                          Notes to Financial Statements
                                 August 31, 2006


NOTE 9. STOCKHOLDERS' EQUITY

The  stockholders'  equity section of the Company contains the following classes
of capital stock as of August 31, 2006:

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

                                       11
<PAGE>
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION

RESULTS OF OPERATIONS

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

We incurred operating expenses of $4,040 for the three-month period ended August
31, 2006. These expenses consisted of general and administrative expenses.

At August 31, 2006, we had cash on hand of $2,920. At the same date, our
liabilities were $2,300 consisting of $300 in loans from our president and
accounts payable of $2,000.

Cash provided by financing activities from inception though August 31, 2006 was
$5,000 resulting from the sale of our common stock to our directors Maureen
Doyle Sieck and Scott Sieck, who each purchased 500,000 shares of our Common
Stock at $0.005 per share on March 30, 2006.

In order to achieve our business plan goals, we will need the funding from the
offering of registered shares pursuant to our SB-2 Registration Statement filed
with the SEC under file number 333-136247 which became effective on September
25, 2006.

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

LIQUIDITY AND CAPITAL RESOURCES

Other than the shares being offered pursuant to our Registration Statement, no
other source of capital has been has been identified or sought. We expect that
we will only be able to complete the first three months of our business plan
without additional funds. In order to fully implement our business plan for the
remaining nine months we would require $39,500. If we are unable to receive
funding from our offering we would postpone our cost-intensive plans such as
extra inventory, trade shows and advertising while we investigate alternative
funding. Our directors have verbally agreed to loan the company funds to
continue operations in a limited scenario until sales will support operations,
but we will require full funding to implement our complete business plan. We
currently have no plans to hire additional employees in the next twelve months
unless sales are sufficient to cover the cost.

OFF-BALANCE SHEET ARRANGEMENTS

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

                                       12
<PAGE>
PLAN OF OPERATION

We have generated no revenues since inception and have incurred $4,040 in
expenses as of August 31, 2006.

The following table provides selected financial data about our company for the
period from the date of incorporation through August 31, 2006.

                 Balance Sheet Data:                 08/31/06
                 -------------------                 --------
                 Cash                                $ 2,920
                 Total assets                        $ 2,920
                 Total liabilities                   $ 2,300
                 Shareholders' equity                $ 2,920

MILESTONES FOR BUSINESS OPERATIONS

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

COMPLETED MILESTONES

SEPTEMBER 2006:

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

PROPOSED MILESTONES TO IMPLEMENT BUSINESS OPERATIONS

OCTOBER 2006:

We will place orders for initial hide inventories for prototypes pieces. We will
purchase several unique furniture pieces of high quality for restoration and
recovering. We will register a domain name for our corporate website which will
be used for future marketing purposes. Scott Sieck will identify and work with a
web page designer to design a corporate web site listing any existing inventory
or prospective inventory plus pre-market emphasis to the trade, i.e. interior
decorators, architects etc. Maureen Sieck will continue modifying and
coordinating production of our prototype pieces based on consumer response in
order to further test market our proposed products. We plan on conducting
further research over the internet regarding other companies that market and

                                       13
<PAGE>
sell similar products. The results of this research will be used to help design
our brochures and corporate website. Sufficient capital exists to reach planned
operational milestones.

NOVEMBER 2006:

Maureen Sieck will take product photographs for our corporate website and
brochures using our prototypes which should be finalized by then. Scott Sieck
will complete the design and launch our corporate website as well as complete
our advertising brochures. We will purchase a laser jet printer to print our
brochures. We will place orders for additional hide and furniture inventories.
SB-2 funding is a prerequisite for continued operations.

DECEMBER 2006:

Scott Sieck will optimize our website in search engines with keywords and links.
Maureen Sieck will begin to produce and ship products to any online customers
and continue contact with local consignment sales outlets and interior
decorators. We will continue to produce and distribute our brochures. SB-2
funding is a prerequisite for continued operations.

JANUARY 2007:

We will continue to produce our specialty pieces and purchase additional hide
and furniture inventory. Maureen Sieck plans to expand our local exposure by
sending our brochures to specialty home and furniture retailers in our target
markets. SB-2 funding is a prerequisite for continued operations.

FEBRUARY 2007:

Maureen Sieck will print additional product brochures to be used at the upcoming
trade shows in March and April. Additional inventory of hides and furniture will
also be purchased for display and sale at the trade shows. SB-2 funding is a
prerequisite for continued operations.

MARCH 2007:

We plan to attend and display our furnishings at the Home Design and Remodeling
Show at the Miami Beach Convention Center on March 23-26. The rental of a 20' x
10' booth is $1,495. Two of our directors will be responsible for setting up and
manning the booth. To support internet store sales and company exposure, keyword
advertising campaigns will be conducted by Scott Sieck via Google and other
online outlets. SB-2 funding is a prerequisite for continued operations.

APRIL 2007:

We plan to attend and display our furnishings at the West Miami Home Show at the
Sunshine Pavilion Fair & Expo Center on April 27-29. The rental of a 10' x 30'

                                       14
<PAGE>
booth is $1,875. Two of our directors will be responsible for setting up and
manning the booth. SB-2 funding is a prerequisite for continued operations.

MAY 2007:

We will continue to purchase new hides and furnishing pieces and production will
be on an on-going basis to fill demand and build a supply of readily available
inventory. We will continue to network with interior designers and place our
furnishings in furniture stores on a consignment basis. SB-2 funding is a
prerequisite for continued operations.

JUNE 2007:

Follow-up communication with existing customer base will be done via e-mail
and/or phone. SB-2 funding is a prerequisite for continued operations.

JULY 2007:

We plan to continue expansion of wholesale outlets for the custom pieces in
Canada and the U.S. through direct marketing and consignment. SB-2 funding is a
prerequisite for continued operations.

CRITICAL ACCOUNTING POLICIES

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

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

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

                                       15
<PAGE>
A. BASIS OF ACCOUNTING

Our financial statements are prepared using the accrual method of accounting.
The Company has a May 31 year-end.

B. BASIC EARNINGS PER SHARE

In February 1997, the FASB issued SFAS No. 128, "Earnings Per Share", which
specifies the computation, presentation and disclosure requirements for earnings
(loss) per share for entities with publicly held common stock. SFAS No. 128
supersedes the provisions of APB No. 15, and requires the presentation of basic
earnings (loss) per share and diluted earnings (loss) per share. The Company has
adopted the provisions of SFAS No. 128 effective February 25, 2005 (inception).

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

C. CASH EQUIVALENTS

We consider all highly liquid investments purchased with an original maturity of
three months or less to be cash equivalents.

D. USE OF ESTIMATES AND ASSUMPTIONS

The preparation of financial statements in conformity with generally accepted
accounting principles requires management to make estimates and assumptions that
affect the reported amounts of assets and liabilities and disclosure of
contingent assets and liabilities at the date of the financial statements and
the reported amounts of revenues and expenses during the reporting period.
Actual results could differ from those estimates. In accordance with FASB 16 all
adjustments are normal and recurring.

E. INCOME TAXES

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

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

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NEW ACCOUNTING PRONOUNCEMENTS:

In November 2004, the Financial Accounting Standards Board (FASB) issued SFAS
151, Inventory Costs - an amendment of ARB No. 43, Chapter 4. This Statement
amends the guidance in ARB No. 43, Chapter 4, "Inventory Pricing," to clarify
the accounting for abnormal amounts of idle facility expense, freight, handling
costs, and wasted material (spoilage). Paragraph 5 of ARB 43, Chapter 4,
previously stated that "... under some circumstances, items such as idle
facility expense, excessive spoilage, double freight, and re-handling costs may
be so abnormal as to require treatment as current period charges..." This
Statement requires that those items be recognized as current-period charges
regardless of whether they meet the criterion of "so abnormal." In addition,
this Statement requires that allocation of fixed production overheads to the
costs of conversion be based on the normal capacity of the production
facilities. The provisions of this Statement will be effective for the Company
beginning with its fiscal year ending November 30, 2006. Management believes
that the adoption of this Statement will not have any immediate material impact
on the Company.

In December 2004, the FASB issued SFAS 123 (revised 2004) "Share-Based Payment".
This Statement requires that the cost resulting from all share-based
transactions be recorded in the financial statements. The Statement establishes
fair value as the measurement objective in accounting for share-based payment
arrangements and requires all entities to apply a fair-value-based measurement
in accounting for share-based payment transactions with employees. The Statement
also establishes fair value as the measurement objective for transactions in
which an entity acquires goods or services from non-employees in share-based
payment transactions. The Statement replaces SFAS 13 "Accounting for Stock-Based
Compensation" and supersedes APB Opinion No. 25 "Accounting for Stock Issued to
Employees". The provisions of this Statement will be effective for the Company
beginning with its fiscal year ending November 30, 2006. The Company believes
that the implementation of this standard will not have a material impact on its
financial position, results of operations or cash flows.

In March 2005, the Securities and Exchange Commission (SEC) issued Staff
Accounting Bulletin No. 107 (SAB 107) which provides guidance regarding the
interaction of SFAS 123 (R) and certain SEC rules and regulations. The new
guidance includes the SEC's view on the valuation of share-based payment
arrangements for public companies and may simplify some of SFAS 123 (R)'s
implementation challenges for registrants and enhance the information investors
receive.

In March 2005, the FASB issued FIN 47, Accounting for Conditional Asset
Retirement Obligations, which clarifies that the term `conditional asset
retirement obligation' as used in SFAS 143, Accounting for Asset Retirement
Obligations, refers to a legal obligation to perform an asset retirement
activity in which the timing and/or method of settlement are conditional on a
future event that may or may not be within the control of the entity. FIN 47
requires an entity to recognize a liability for the fair value of a conditional
asset retirement obligation if the fair value can be reasonably estimated. FIN
47 is effective no later than the end of the fiscal year ending after December

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<PAGE>
15, 2005. The Company does not believe that FIN 47 will have a material impact
on its financial position or results from operations.

In August 2005, the FASB issued SFAS 154, Accounting Changes and Error
Corrections. This statement applies to all voluntary changes in accounting
principle and to changes required by an accounting pronouncement if the
pronouncement does not include specific transition provisions, and it changes
the requirements for accounting for and reporting them. Unless it is
impractical, the statement requires retrospective application of the changes to
prior periods' financial statements. This statement is effective for accounting
changes and correction of errors made in fiscal year beginning after December
15, 2005.

FORWARD LOOKING STATEMENTS

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

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

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

ITEM 3. CONTROLS AND PROCEDURES

EVALUATION OF DISCLOSURE CONTROLS AND PROCEDURES

Under the supervision and with the participation of our management, including
our principal executive officer and the principal financial officer, we have
conducted an evaluation of the effectiveness of the design and operation of our
disclosure controls and procedures, as defined in Rules 13a-15(e) and 15d-15(e)
under the Securities and Exchange Act of 1934, as of the end of the period

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<PAGE>
covered by this report. Based on this evaluation, our principal executive
officer and principal financial officer concluded as of the evaluation date that
our disclosure controls and procedures were effective such that the material
information required to be included in our Securities and Exchange Commission
reports is recorded, processed, summarized and reported within the time periods
specified in SEC rules and forms relating to our company, particularly during
the period when this report was being prepared.

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

                          PART II - OTHER INFORMATION

ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K

The following exhibits are included with this registration statement filing.
Those marked with an asterisk and required to be filed hereunder, are
incorporated by reference and can be found in their entirety in our original
Form SB-2 Registration Statement, filed under SEC File Number 333-136247, at the
SEC website at www.sec.gov:

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

There were no reports filed on Form 8-K during the quarter ended August 31, 2006

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<PAGE>
                                   SIGNATURES

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

                                    DoMar Exotic Furnishings Inc., Registrant


October 18, 2006                    By: /s/ Maureen Doyle Sieck
                                        ----------------------------------------
                                        Maureen Doyle Sieck, Director, President
                                        and Principal Executive Officer


October 18, 2006                    By: /s/ Scott Sieck
                                        ----------------------------------------
                                        Scott Sieck, Director, Treasurer,
                                        Chief Financial Officer and Principal
                                        Accounting Officer

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

                                    DoMar Exotic Furnishings Inc., Registrant


October 18, 2006                    By: /s/ Maureen Doyle Sieck
                                        ----------------------------------------
                                        Maureen Doyle Sieck, Director, President
                                        and Principal Executive Officer


October 18, 2006                    By: /s/ Scott Sieck
                                        ----------------------------------------
                                        Scott Sieck, Director, Treasurer,
                                        Chief Financial Officer and Principal
                                        Accounting Officer

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