U.S. SECURITIES AND EXCHANGE COMMISSIONWashington, D.C. 20549 FORM 10-QSB [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2007 [_] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934 For the transition period from Commission File No. 000-52162 MCA HOLDINGS CORPORATION(Exact name of small business issuer as specified in its charter) Nevada98-0497320(State or other jurisdiction of incorporation or formation)(I.R.S. employer identification number) Suite 628 138 4th Av., S.E. Calgary, Alberta Canada  T2G 4Z6 (Address of principal executive offices) (Zip Code) Issuer's telephone number: (403) 229-2337
Issuer's facsimile number: (403) 228-3013 No change(Former name, former address and former
fiscal year, if changed since last report) Copies to:Richard W. Jones 
Jones, Haley & Mottern, P.C.
115 Perimeter Center Place, Suite 170
Atlanta, Georgia  30346
(770) 804-0500
www.corplaw.net Check whether the issuer (1) filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the preceding 12 months (or for such shorter period that the issuer 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 [ ] No [X] State the number of shares outstanding of each of the issuer's classes of common equity, as of March 31, 2007: 29,515,000 shares of common stock. Transitional Small Business Disclosure Format (check one):  Yes [ ] No [X]  MCA HOLDINGS CORPORATION 
(a corporation in the development stage)INTERIM AND UNAUDITED FINANCIAL STATEMENTS INDEX  PART I  FINANCIAL INFORMATION: Page  Item 1.  Financial Statements
.3Balance Sheet  March 31, 2007 (unaudited)
.3Statements of Operations for the three months ended March 31, 2007and the cumulative period from April 16, 2006 (inception) to March 31, 2007 (unaudited)
4Statements of Cash Flows for the three months ended March 31, 2007 and the
cumulative period from April 16, 2006 (inception) to March 31, 2007 (unaudited)
5  Item 2.  Management's Discussion and Analysis or Plan of Operation 6  Item 3.  Controls and Procedures 7  PART II  OTHER INFORMATION:  Item 1.  Legal Proceedings 7  Item 2.  Unregistered Sales of Equity Securities and Use of Proceeds 7  Item 3.  Defaults Upon Senior Securities 7  Item 4.  Submission of Matters to a Vote of Security Holders 7  Item 5.  Other Information 7  Item 6.  Exhibits 8  Signatures 8  2      MCA Holdings Corporation (A Development Stage Company)(Unaudited) Balance SheetAs of March 31, 2007ASSETSCURRENT ASSETSCash and Cash Equivalents$      30,486Shareholder Loan12,860Prepaid Expenses2,650TOTAL CURRENT ASSETS45,996PROPERTY AND EQUIPMENTProperty and Equipment20,098Accumulated Depreciation-Net Property and Equipment20,098TOTAL ASSETS$      66,094LIABILITIES AND STOCKHOLDERS' EQUITYSTOCKHOLDERS' EQUITYCommon stock ($.0001 par value, 100,000,000 shares authorized; 10,590,000 shares
issued and outstanding)1,059Additional Paid-in-Capital337,841Retained Deficit(272,806)TOTAL STOCKHOLDERS' EQUITY66,094TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY$      66,094           3   MCA Holdings Corporation (A Development Stage Company)(Unaudited) Statement of OperationsFor the Three Months Ended March 31, 2007Three Months ended March 31, 2007Cumulative Total since inception (April 16, 2006)SALES AND COST OF SALES:Sales$                   -$                    -Cost of sales--Gross Profit--OPERATING EXPENSES:Professional Fees29,34731,847Consulting Fees76,446213,727Selling, general and administrative15,71827,232121,511272,806NET LOSS$       (121,511)$        (272,806)             4     MCA Holdings Corporation( A Development Stage Company)(Unaudited) Statement of Cash FlowsFor Three Months Ended March 31, 2007The ThreeCumulativeMonthsTotalsEndedSinceMarch 31, 2007InceptionCASH FLOWS FROM OPERATING ACTIVITIES:Net loss$       (121,511)$   (272,806)Adjustments to reconcile net (loss) to net cash provided by (used in) operations:Expenses paid by Officer-40,000Prepaid Expenses(12,860)(12,860)NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES(134,371)(245,666)CASH FLOWS FROM INVESTING ACTIVITIES:Purchase of Equipment(20,098)(20,098)NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES(20,098)(20,098)CASH FLOWS FROM FINANCING ACTIVITIES:Proceeds from sale of stock140,000298,000Shareholder Loan(2,650)(2,650)Contributions of capital in cash-900NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES137,350296,250NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS(17,119)30,486CASH AND CASH EQUIVALENTSBEGINNING OF THE PERIOD47,605-END OF THE YEAR$          30,486$       30,486            5


Item 2. Management's Discussion and Analysis or Plan of Operation Plan of Operation The Company was in the business of locating a candidate in order to effect a combination with an operating Company. On April 30, 2007, the Company completed its combination with Jet Global Energy, Limited of Hunan China ("JGE"). JEG is now our wholly owned subsidiary. JGE has been granted a license by the provincial government of Hunan to operate an electrical generating facility. JGE is in the preliminary phase of planning and developing its power plant. At this time, JGE has not constructed the power plant, has not generated any electric power and it has not received any revenues from the sale of electric power. The Company has not realized any revenues from operations to date, and its plan of operations for the next twelve months shall be to develop the power plant. The Company can provide no assurance that it can continue to satisfy its cash requirements over the next twelve (12) months. Results of Operation The Company did not have any operating income from its inception on April 19, 2006 through March 31, 2007. The Company recognized a net loss of $272,806 during that period. Expenses during this period were comprised mainly of professional fees, consulting fees and selling and administrative expenses. The Company does not anticipate earning any revenues until JGE's power plant is constructed and is operational. Liquidity and Capital Resources At March 31, 2007, the Company had total capital resources consisting of $30,486 in cash. The Company will rely upon those assets, the issuance of common stock, and loans to fund the construction and development of the JGE power plant. Management anticipates raising additional capital and obtaining loans from banks in China to fund the construction of the power plant. CAUTIONARY STATEMENT FOR FORWARD-LOOKING STATEMENTS Statements contained in this "Management's Discussion and Analysis or Plan of Operation" may contain information that includes or is based upon certain "forward-looking statements" relating to our business. These forward-looking statements represent managements current judgment and assumptions, and can be identified by the fact that they do not relate strictly to historical or current facts. Forward-looking statements are frequently accompanied by the use of such words as "anticipates," "plans," "believes," "expects," "projects," "intends," and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties, and other factors, including, while it is not possible to predict or identify all such risks, uncertainties, and other factors, those relating to: · our ability to secure the additional financing adequate to execute our business plan; · our ability to construct and operate the JGE power plant consistent with our business plan; · our ability to acquire other energy production Companies. Any one of these or other risks, uncertainties, other factors, or any inaccurate assumptions may cause actual results to be materially different from those described herein or elsewhere by us. We caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date they were made. Certain of these risks, uncertainties, and other factors may be described in greater detail in our filings from time to time with the Securities and Exchange Commission, which we strongly urge you to read and consider. Subsequent written and oral forward-looking statements attributable to us or to persons acting on our behalf are expressly qualified in their entirety by the cautionary statements set forth above and elsewhere in our reports filed with the Securities and Exchange Commission. We expressly disclaim any intent or obligation to update any forward-looking statements.  6  Item 3. Controls and Procedures (a) Evaluation of disclosure controls and procedures. We maintain disclosure controls and procedures that are designed to ensure that information required to be disclosed in our reports filed pursuant to the Securities Exchange Act of 1934, as amended the ("Exchange Act"), is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission's rules, regulations and related forms, and that such information is accumulated and communicated to our principal executive officer and principal financial officer, as appropriate, to allow timely decisions regarding required disclosure. Within the 90 days prior to the filing date of this quarterly report, we carried out an evaluation, under the supervision and with the participation of our management, including our principal executive officer and principal financial officer, of the effectiveness of the design and operation of our disclosure controls and procedures.  Based on this evaluation, our principal executive officer and principal financial officer concluded that our disclosure controls and procedures were effective. (b) Changes in internal controls. There have been no significant changes in our internal controls or other factors that could significantly affect such controls and procedures subsequent to the date we completed our evaluation.  Therefore, no corrective actions were taken. PART II - OTHER INFORMATION Item 1.  Legal Proceedings. To the best knowledge of the Company's officers and directors, the Company is currently not a party to any pending legal proceedings. Item 2.  Unregistered sales of Equity Securities and Use of Proceeds.  On April 10, 2007, the Company entered into a Stock Exchange Agreement with Jet Global International Investments Group Limited ("JGIIG") of Hong Kong. Pursuant to the Stock Exchange Agreement, JGIIG will receive 38,000,000 shares of the Company's common stock. Nineteen million of those shares are held by an escrow agent and will be transferred or returned depending on whether specific benchmarks are met. The issuance of the shares in the share exchange was exempt from registration in reliance upon Regulation S and Section 4(2) of the Securities Act of 1933, as amended. Item 3.  Defaults Upon Senior Securities. None. Item 4.  Submission of Matters to a Vote of Security Holders. None. Item 5.  Other Information. None.   7  Item 6.  Exhibits and Reports of Form 8-K.  (a) Exhibits: *3.1 Certificate of Incorporation, as filed with the Nevada Secretary of State on April 16, 2006. *3.2 By-Laws. 31.1 Certification pursuant to Section 302 of Sarbanes Oxley Act of 2002. 31.2 Certification pursuant to Section 302 of Sarbanes Oxley Act of 2002. 32.1 Certification pursuant to Section 906 of Sarbanes Oxley Act of 2002. 32.2 Certification pursuant to Section 906 of Sarbanes Oxley Act of 2002.  * Filed as an exhibit to the Company's Registration Statement on Form 10-SB, as filed with the Securities and Exchange Commission on August 3, 2006, and incorporated herein by this reference. (b) Reports on Form 8-K None. SIGNATURES In accordance with Section 13 or 15(d) of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, there unto duly authorized. Dated:  May 14, 2007 MCA HOLDINGS CORPORATION By: /s/ Wai Leung Cheng Wai Leung Cheng     8