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UNITED STATESSECURITIES AND EXCHANGE COMMISSIONWashington, D.C. 20549

FORM 10-Q

[X]   QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period endedMarch 31, 2008

[   ]  TRANSITION REPORT PURSUANT TO SECTION 13
OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from ______ to______.

EWRX INTERNET SYSTEMS, INC.(Exact name of registrant as specified in Charter)

|NEVADA                          | 000-27195             | 98-0117139                       
|------------------------------- | --------------------- | ---------------------------------
|(State or other jurisdiction of | (Commission File No.) | (IRS Employee Identification No.)
|incorporation or organization)  |                       |                                  

4950 Yonge St. Suite 910, Toronto, Ontario,Canada,M2N 6K1(Address of
Principal Executive Offices)

(416) 298-9606(Issuer Telephone
number)

________________________________________________(Former Name
or Former Address if Changed Since Last Report)

Check whether the issuer (1) has 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 large
accelerated filer, an accelerated filer, a non-accelerated filer or a smaller
reporting company filer. See definition of accelerated filer and large
accelerated filer in Rule 12b-2 of the Exchange Act (Check one):

Large Accelerated Filer  [  
]       Accelerated Filer  [  
]       Non-Accelerated Filer  [  
]       Smaller Reporting Company [X]

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 as of May 12, 2008 was: 100,000,000

1

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EWRX INTERNET SYSTEMS, INC.FORM 10-Q

March 31, 2008

INDEX

|**PART I-- FINANCIAL INFORMATION**
|----------------------------------
|                                  
|Item 1.                           
|Item 2.                           
|Item 3                            
|Item 4T.                          
|                                  
|**PART II-- OTHER INFORMATION**   
|                                  
|Item 1                            
|Item 2.                           
|Item 3.                           
|Item 4.                           
|Item 5.                           
|Item 6.                           
|                                  
|SIGNATURE                         

Item 1. Financial Information

2

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EWRX INTERNET SYSTEMS INC(A Development Stage Company)

FINANCIAL STATEMENTS

MARCH 31, 2008



F-1

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EWRX INTERNET SYSTEMS INC 
  (A Development Stage Company)

Financial Statements 
  March 31, 2008

CONTENTS

|                                                                                                                                                                                                      | Page      
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | ----------
|                                                                                                                                                                                                      |           
|CONDENSED BALANCE SHEETS
      AS OF MARCH 31, 2008 (UNAUDITED) AND AS OF DECEMBER 31, 2007 (AUDITED).                                                                                                | F-3       
|                                                                                                                                                                                                      |           
|CONDENSED STATEMENTS OF
      OPERATIONS FOR THE THREE MONTHS ENDED MARCH 31, 2008 AND 2007 AND FOR THE
      PERIOD FROM JANUARY 1, 2002 (RE-ENTERING THE DEVELOPMENT STAGE) TO MARCH
      31, 2008 | F-4       
|                                                                                                                                                                                                      |           
|CONDENSED STATEMENTS OF
      CASH FLOWS FOR THE YEAR ENDED MARCH 31, 2008 AND 2007 AND FOR THE PERIOD
      FROM JANUARY 1, 2002 (RE-ENTERING THE DEVELOPMENT STAGE) TO MARCH 31, 2008               | F-5       
|                                                                                                                                                                                                      |           
|NOTES TO CONDENSED FINANCIAL
      STATEMENTS                                                                                                                                                         | F-6 – F-11

F-2

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EWRX INTERNET SYSTEMS INC
  (A Development Stage Company)

Condensed Balance Sheets

|                                                             |   | March 31    |   |   | December 31 |  
|------------------------------------------------------------ | - | ----------- | - | - | ----------- | -
|                                                             |   | 2008        |   |   | 2007        |  
|                                                             |   | (Unaudited) |   |   | (Audited)   |  
|ASSETS                                                       |  
|                                                             |   |             |   |   |             |  
|Current Assets                                               |   |             |   |   |             |  
|Cash                                                         | $ | 5,375       |   | $ | 3,268       |  
|Prepaid expenses                                             |   | 1,236       |   |   | 2,710       |  
|Total Current Assets                                         |   | 6,611       |   |   | 5,978       |  
|Total Assets                                                 | $ | 6,611       |   | $ | 5,978       |  
|                                                             |   |             |   |   |             |  
|                                                             |   |             |   |   |             |  
|                                                             |   |             |   |   |             |  
|                                                             |   |             |   |   |             |  
|LIABILITIES AND STOCKHOLDERS' DEFICIENCY                     |  
|                                                             |   |             |   |   |             |  
|Current Liabilities                                          |   |             |   |   |             |  
|Accounts payable                                             | $ | 99,158      |   | $ | 99,158      |  
|Accrued liabilities                                          |   | 21,815      |   |   | 18,079      |  
|Note payable - related party                                 |   | 12,453      |   |   | 13,048      |  
|Advances from director                                       |   | 128,541     |   |   | 122,147     |  
|Total Current Liabilities                                    |   | 261,967     |   |   | 252,432     |  
|                                                             |   |             |   |   |             |  
|Stockholders' Deficiency                                     |   |             |   |   |             |  
|Preferred stock, $0.01 par value, 500,000 shares authorized, |   |             |   |   |             |  
|none issued and outstanding                                  |   |             |   |   |             |  
|Common stock, $0.001 par value, 100,000,000 shares           |   |             |   |   |             |  
|authorized, shares issued and outstanding                    |   | 100,000     |   |   | 100,000     |  
|Additional paid - in capital                                 |   | 7,300,475   |   |   | 7,278,900   |  
|Accumulative deficit                                         |   | (8,496,144  | ) |   | (8,496,144  | )
|Earnings accumulated during the development stage            |   | 840,313     |   |   | 870,790     |  
|Total Stockholders' Deficiency                               |   | (255,356    | ) |   | (246,454    | )
|Total Liabilities and Stockholders' Deficiency               | $ | 6,611       |   | $ | 5,978       |  

F-3

(See accompanying notes to condensed financial statements)

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EWRX INTERNET SYSTEMS INC 
  (A Development Stage Company)

Condensed Statements of Operations

"Unaudited"

|                                                |   |                                |   |   |                 |   |   | **For the Period**   |  
|----------------------------------------------- | - | ------------------------------ | - | - | --------------- | - | - | -------------------- | -
|                                                |   |                                |   |   |                 |   |   | from                 |  
|                                                |   |                                |   |   |                 |   |   | **January 1, 2002**  |  
|                                                |   |                                |   |   |                 |   |   | **(Re-entering the** |  
|                                                |   |                                |   |   |                 |   |   | **Development**      |  
|                                                |   | **For the Three Months Ended** |   |   | Stage)          |  
|                                                |   | March 31                       |   |   | **to March 31** |  
|                                                |   | 2008                           |   |   | 2007            |   |   | 2008                 |  
|                                                |   |                                |   |   |                 |   |   |                      |  
|                                                |   |                                |   |   |                 |   |   |                      |  
|Operating Expenses                              |   |                                |   |   |                 |   |   |                      |  
|                                                |   |                                |   |   |                 |   |   |                      |  
|                                                |   |                                |   |   |                 |   |   |                      |  
|Entertainment                                   | $ | 498                            |   | $ | -               |   | $ | 747                  |  
|In kind contribution services                   |   | 15,000                         |   |   | -               |   |   | 87,000               |  
|Management fees                                 |   | -                              |   |   | -               |   |   | 15,000               |  
|Professional fees                               |   | 7,900                          |   |   | -               |   |   | 169,125              |  
|Office and general                              |   | 924                            |   |   | 463             |   |   | 29,673               |  
|Telephone                                       |   | 149                            |   |   | -               |   |   | 596                  |  
|Salary and Wages                                |   | -                              |   |   | -               |   |   | 28,000               |  
|Total Operating Expenses                        |   | 24,471                         |   |   | 463             |   |   | 330,141              |  
|                                                |   |                                |   |   |                 |   |   |                      |  
|Net Loss from operations                        |   | (24,471                        | ) |   | (463            | ) |   | (330,141             | )
|                                                |   |                                |   |   |                 |   |   |                      |  
|Other (Expenses) Income                         |   |                                |   |   |                 |   |   |                      |  
|                                                |   |                                |   |   |                 |   |   |                      |  
|Interest expense                                |   | (6,575                         | ) |   | -               |   |   | (61,789              | )
|Forgiveness of debt                             |   | -                              |   |   | -               |   |   | 1,239,556            |  
|Foreign exchange gain (loss)                    |   | 569                            |   |   | 3               |   |   | (7,313               | )
|Total Other (Expenses) Income                   |   | (6,006                         | ) |   | 3               |   |   | 1,170,454            |  
|                                                |   |                                |   |   |                 |   |   |                      |  
|Net (loss) income                               | $ | (30,477                        | ) | $ | (460            | ) | $ | 840,313              |  
|                                                |   |                                |   |   |                 |   |   |                      |  
|Net (loss) income per Share - Basic and Diluted | $ | -                              |   | $ | -               |   |   |                      |  
|                                                |   |                                |   |   |                 |   |   |                      |  
|Weighted average number of shares outstanding   |   |                                |   |   |                 |   |   |                      |  
|during the period - Basic and Diluted           |   | 100,000,000                    |   |   | 100,000,000     |   |   |                      |  

F-4

(See accompanying notes to condensed financial statements)

---

EWRX INTERNET SYSTEMS INC 
  (A Development Stage Company)

Condensed Statements of Cash Flows

"Unaudited"

|                                                      |   |                        |   |   |             |   |   | Period from      |  
|----------------------------------------------------- | - | ---------------------- | - | - | ----------- | - | - | ---------------- | -
|                                                      |   |                        |   |   |             |   |   | January 1, 2002, |  
|                                                      |   |                        |   |   |             |   |   | (Re-entering the |  
|                                                      |   |                        |   |   |             |   |   | Development      |  
|                                                      |   | For the Quarters Ended |   |   | Stage)      |  
|                                                      |   | March 31               |   |   | to March 31 |  
|                                                      |   |                        |   |   |             |   |   |                  |  
|                                                      |   | 2008                   |   |   | 2007        |   |   | 2008             |  
|                                                      |   |                        |   |   |             |   |   |                  |  
|Cash Flows from Operating Activities                  |   |                        |   |   |             |   |   |                  |  
|Net (loss) income                                     | $ | (30,477                | ) | $ | (460        | ) | $ | 840,313          |  
|Adjustments to reconcile
      net income/loss to net |   |                        |   |   |             |   |   |                  |  
|cash
      used in operations                         |   |                        |   |   |             |   |   |                  |  
|-In
      kind contribution - services                |   | 15,000                 |   |   | -           |   |   | 87,000           |  
|-Imputed interest
      on loans                      |   | 6,575                  |   |   | -           |   |   | 25,759           |  
|-Expenses
      recovered                             |   | -                      |   |   | -           |   |   | (1,142,152       | )
|Changes in operating assets and
      liabilities     |   |                        |   |   |             |   |   |                  |  
|Increase/(Decrease) in accounts payable and           |   |                        |   |   |             |   |   |                  |  
|accruals                                              |   | -                      |   |   | -           |   |   | 9,519            |  
|Increase/(Decrease) in accrued liabilities            |   | 3,736                  |   |   | -           |   |   | 21,815           |  
|Increase/(Decrease)
      in prepaid expenses         |   | 1,474                  |   |   | -           |   |   | (1,236           | )
|Net Cash Provided by (Used in) Operating              |   |                        |   |   |             |   |   |                  |  
|Activities                                            |   | (3,692                 | ) |   | (460        | ) |   | (158,982         | )
|                                                      |   |                        |   |   |             |   |   |                  |  
|Cash Flows from Financing Activities                  |   |                        |   |   |             |   |   |                  |  
|Proceeds from issuance
      of common stock          |   | -                      |   |   | -           |   |   | 38,700           |  
|Loans from related parties                            |   | -                      |   |   | -           |   |   | 61,548           |  
|Repayment of loans
      from related parties         |   | (595                   | ) |   | -           |   |   | (54,009          | )
|Advances from directors                               |   | 6,394                  |   |   | 572         |   |   | 113,204          |  
|Net Cash Provided by Financing Activities             |   | 5,799                  |   |   | 572         |   |   | 159,443          |  
|                                                      |   |                        |   |   |             |   |   |                  |  
|Net increase in cash                                  |   | 2,107                  |   |   | 112         |   |   | 461              |  
|                                                      |   |                        |   |   |             |   |   |                  |  
|Cash,beginning of period/year                         |   | 3,268                  |   |   | 270         |   |   | 4,914            |  
|                                                      |   |                        |   |   |             |   |   |                  |  
|Cash, end of period/year                              | $ | 5,375                  |   | $ | 382         |   | $ | 5,375            |  
|                                                      |   |                        |   |   |             |   |   |                  |  
|                                                      |   |                        |   |   |             |   |   |                  |  
|                                                      |   |                        |   |   |             |   |   |                  |  
|Supplemental disclosure of cash flow information:     |   |                        |   |   |             |   |   |                  |  
|                                                      |   |                        |   |   |             |   |   |                  |  
|Cash paid
      for interest                          | $ | -                      |   | $ | -           |   | $ | 36,476           |  

F-5

(See accompanying notes to condensed financial statements)

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EWRX INTERNET SYSTEMS INC 
  (A Development Stage Company)

Notes to Condensed Financial Statements 
  March 31, 2008

|1. | Summary of Significant Accounting Policies
        and Organization
|-- | -------------------------------------------------------------------
|   |                                                                    
|   | (A)                                                                
|   |                                                                    
|   |                                                                    
|   |                                                                    
|   |                                                                    
|   |                                                                    
|   | (B)                                                                
|   |                                                                    
|   |                                                                    
|   |                                                                    
|   | (C)                                                                
|   |                                                                    
|   |                                                                    
|   |                                                                    
|   | (D)                                                                
|   |                                                                    
|   |                                                                    
|   |                                                                    
|   | (E)                                                                
|   |                                                                    
|   |                                                                    

F-6

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EWRX INTERNET SYSTEMS INC 
  (A Development Stage Company)

Notes to Condensed Financial Statements 
  March 31, 2008

|1. | Summary of Significant Accounting Policies
        and Organization (continued)
|-- | -------------------------------------------------------------------------------
|   |                                                                                
|   | (F)                                                                            
|   |                                                                                
|   |                                                                                
|   |                                                                                
|   | (G)                                                                            
|   |                                                                                
|   |                                                                                
|   |                                                                                
|   |                                                                                
|   |                                                                                
|   |                                                                                

F-7

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EWRX INTERNET SYSTEMS INC 
  (A Development Stage Company)

Notes to Condensed Financial Statements 
  March 31, 2008

|1. | Summary of Significant Accounting Policies and Organization
        (continued)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|-- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|   | that have an outstanding noncontrolling interest in
        one or more subsidiaries or that deconsolidate a subsidiary. SFAS No.160
        is effective for fiscal years and interim periods within those fiscal
        years, beginning on or after December 15, 2008. Early adoption is prohibited.
        The adoption of this statement is not expected to have a material effect
        on the Company's financial statements.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|   | In March 2008, the FASB issued SFAS No.161, "Disclosures
        about Derivative Instruments and Hedging Activities, an amendment of FASB
        Statement No.133" (SFAS 161). This statement is intended to improve transparency
        in financial reporting by requiring enhanced disclosures of an entity's
        derivative instruments and hedging activities and their effects on the
        entity's financial position, financial performance, and cash flows. SFAS
        161 applies to all derivative instruments within the scope of SFAS 133,
        "Accounting for Derivative Instruments and Hedging Activities" (SFAS 133)
        as well as related hedged items, bifurcated derivatives, and nonderivative
        instruments that are designated and qualify as hedging instruments. Entities
        with instruments subject to SFAS 161 must provide more robust qualitative
        disclosures and expanded quantitative disclosures. SFAS 161 is effective
        prospectively for financial statements issued for fiscal years and interim
        periods beginning after November 15, 2008, with early application permitted.
        We are currently evaluating the disclosure implications of this statement.
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|2. | Going Concern                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|   | As reflected in the accompanying audited financial statements,
        the Company is in the development stage with no operations, a net loss
        of $30,477 for the quarter ended March 31, 2008, a stockholder's deficiency
        and a working capital deficiency of $255,356, and cash used in operations
        from re-entering the development stage of $158,982. This raises substantial
        doubt about its ability to continue as a going concern. The ability of
        the Company to continue as a going concern has been, and remains, dependent
        on advances from its stockholders and the Company's ability to raise additional
        capital. The financial statements do not include any adjustments that
        might be necessary if the Company is unable to continue as a going concern.                                                                                                                                                                                                                                                                                                                                                                                                                       

F-8

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EWRX INTERNET SYSTEMS INC 
  (A Development Stage Company)

Notes to Condensed Financial Statements 
  March 31, 2008

|3. | Related Party Transactions                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             
|-- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        
|   | Advances from director represent an advance granted
        by Jessica Q. Wang. Ms. Wang pays for certain administrative expenses
        and is reimbursed by the Company. These advances have no fixed terms or
        repayment, are unsecured, and bear no interest. During the first quarter
        of 2008, Ms.Wang has advanced the company $6,394 for purposes of paying
        operating expenses on behalf of the Company. As of March 31, 2008, the
        Company has loans from Ms. Wang with an outstanding balance of $128,541.                                                                                                                                                                                                                                                                                                                                                                     
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        
|   | As of March 31, 2008, the Company has loans from NAVITAX
        Technology, Inc., a company which is controlled by one of the stockholders
        of the Company, with an outstanding balance of $7,588. These loans have
        no fixed terms or repayment, are unsecured, and bear no interest.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        
|   | As of March 31, 2008, the Company has loans from a director
        with an outstanding balance of $4,865. Under a loan agreement, effective
        September 1, 2004, the director was entitled to shares equal to 3% of
        the authorized stock which was to be issued on April 30, 2005, representing
        the interest on the loan. The Company guaranteed that the value of the
        shares would not be lower than USD$8,600 (CAD $10,000). In the event that
        the value of the shares fall below USD $8,600 (CAD $10,000), the director
        may elect to receive USD $8,600 in lieu of shares. In the second quarter
        of 2007, the Company repaid $53,414 to one of its directors the principal
        amount owed and one half of the interest. As of March 31, 2008, the amount
        owed of $4,865 to this director represents one half of the guaranteed
        interest.

F-9

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EWRX INTERNET SYSTEMS INC(A Development Stage Company)

Notes to Condensed Financial StatementsMarch 31, 2008

|4. | Stockholders' Deficiency
|-- | ------------------------
|   |                         
|   | Stockholders' Deficiency
|   |                         
|   | (A)                     
|   |                         
|   |                         
|   |                         
|   | (B)                     
|   |                         
|   |                         
|   |                         
|   |                         
|   |                         
|   |                         
|   |                         
|   | (C)                     
|   |                         
|   |                         
|   |                         
|   | (D)                     
|   |                         
|   |                         
|   |                         
|   |                         
|   |                         
|   |                         
|   |                         
|   |                         
|   |                         
|   | (E)                     
|   |                         
|   |                         

F-10

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EWRX INTERNET SYSTEMS INC(A Development Stage Company)

Notes to Condensed Financial StatementsMarch 31, 2008

|5. | Subsequent Events                                                                                                                                          
|-- | -----------------------------------------------------------------------------------------------------------------------------------------------------------
|   |                                                                                                                                                            
|   | In April of 2008, the director advanced the company
        $4,936. The advance has no fixed terms of repayment, is unsecured and
        bear no interest.

F-11

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ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL
CONDITION AND RESULTS OF OPERATIONS

The following plan of operation provides information which
management believes is relevant to an assessment and understanding of our
results of operations and financial condition. The discussion should be read
along with our financial statements and notes thereto.

The following discussion and analysis contains forward-looking
statements, which involve risks and uncertainties. The Companys actual results
may differ significantly from the results, expectations and plans discussed in
these forward-looking statements.

(a) Plan of Operation

Over the next 12 to 15 months, the Company plans to develop the
marketing of their software Instant Recall to the OEM markets in North
America. The Company has developed significant interest in its product to date
and intends to capitalize on that interest, while exploring new and expanded
opportunities. The Company has also developed substantial business contacts and
relationships in China. Several complimentary products and opportunities exist
in this market that would be of interest to EWRX in its pursuit of developing an
expanded line of software products to round out its product line.

Although, the Company will be in need of financing to carry out
its plan of operation, it intends to raise the capital needed to accomplish its
business plan from interested parties, management and existing shareholders.
While raising capital is always subject to many uncertainties, we believe that
with the demand anticipated for our product, financing will be available to meet
our requirements. It is not anticipated that we will have to invest any further
significant funds, or support any substantial funding on research or development
for Instant Recall. The Company operations do not require manufacturing of any
kind and therefore we do not anticipate any need to purchase equipment of any
significance.

Our need for any change in staffing is not anticipated for the
immediate future. We will however require some paid and full time staff as the
marketing and sales efforts begin to take shape. It is expected that clerical
and office personnel will be required after the first quarter of 2008. We will,
as required, employ a senior sales person to respond to clients requirements for
service. Other sales and marketing personnel will be acquired as the sales
dictate.

(b) Managements Discussion and Analysis of Financial
Condition and Results of Operations.

The Company has been in a state of reorganization and
development over the past two years. We believe that this period was important
to the business operations because it provided time for consolidation and
integration into the market. The Company continues to experience financial
deficiencies that have been a source of constant concern over this and previous
periods in its operations. As a result the Company has been unable to reach some
of the goals that had been set for its development.

The Company believes it is now in a position to begin to
capitalize on its previous experience. We are looking forward to a very
productive and stimulating period of development. Not only do we have great
expectations for our product Instant Recall, but also for the prospects of
additional software and other business developments from our contacts in Hong
Kong and China. These relationships will also help the Company address its
financial goals and objectives, both from an earnings standpoint as well as from
an investment standpoint.

The marketplace is in a state of flux, and, continues to
require constant evaluation in terms of opportunity and reward because needs
change and competition for the opportunity is always present. Over the last two
years, the Company has been consolidating its business operations, developing
its software and preparing for the opportunities that it believes are now
present. The global markets are expanding at an unprecedented pace and the
Company believes that it is in the right place at the right time to take
advantage of these conditions. Of course there are always uncertainties and
unexpected developments to contend with, and there can be no assurance that the
Company will be able to overcome all of the circumstances confronting it. The
Company will, however, do everything possible to meet these challenges and
realize its goals. EWRX financial requirements over the next fiscal year are
dependent, to a major extent, on the speed at which development occurs in the
emerging markets. We will continue to monitor this situation closely. As our
situation matures, the requirements will become clearer.

Liquidity and Capital Resources

Our primary source of liquidity as of March 31, 2008 is our
cash on hand. Our cash on hand as of March 31, 2008 was $5,375. Our current
assets totaled $6,611 on March 31, 2008. Our current liabilities were $261,967
on March 31, 2008.

We will continue to evaluate alternative sources of capital to
meet our requirements, including other asset or debt financing, issuing equity
securities and entering into financing arrangements. There can be no assurance,
however, that any of the contemplated financing arrangements described herein
will be available and, if available, can be obtained on terms favorable to
us.

We currently do not have enough cash to satisfy our minimum
cash requirements for the next twelve months. As reflected in the accompany
financial statements, we are in the development stage with limited operations,
and have a working capital and stockholders deficiency of $255,356 as of March
31, 2008, and negative cash flow from operations of $158,982 from inception.

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This raises substantial doubt about our ability to continue as
a going concern. We are going to rely on loans from our officers and directors
to meet the short term cash requirements. The ability of the Company to continue
as a going concern is dependent on loans from their officers and/or directors,
and the Companys ability to raise additional capital and implement its business
plan. The financial statements do not include any adjustments that might be
necessary if we are unable to continue as a going concern.

Critical Accounting Policies

The Companys financial statements and related public financial
information are based on the application of accounting principles generally
accepted in the United States (GAAP). GAAP requires the use of estimates;
assumptions, judgments and subjective interpretations of accounting principles
that have an impact on the assets, liabilities, revenue and expense amounts
reported. These estimates can also affect supplemental information contained in
our external disclosures including information regarding contingencies, risk and
financial condition. We believe our use of estimates and underlying accounting
assumptions adhere to GAAP and are consistently and conservatively applied. We
base our estimates on historical experience and on various other assumptions
that we believe to be reasonable under the circumstances. Actual results may
differ materially from these estimates under different assumptions or
conditions. We continue to monitor significant estimates made during the
preparation of our financial statements.

While all these significant accounting policies impact its
financial condition and results of operations, we view certain of these policies
as critical. Policies determined to be critical are those policies that have the
most significant impact on our consolidated financial statements and require
management to use a greater degree of judgment and estimates. Actual results may
differ from those estimates. Our management believes that given current facts
and circumstances, it is unlikely that applying any other reasonable judgments
or estimate methodologies would cause effect on our results of operations,
financial position or liquidity for the periods presented in this report.

Recent Accounting Pronouncements

In September 2006, the FASB issued SFAS No. 157, Fair Value
Measurements. The objective of SFAS 157 is to increase consistency and
comparability in fair value measurements and to expand disclosures about fair
value measurements. SFAS 157 defines fair value, establishes a framework for
measuring fair value in generally accepted accounting principles, and expands
disclosures about fair value measurements. SFAS 157 applies under other
accounting pronouncements that require or permit fair value measurements and
does not require any new fair value measurements. The provisions of SFAS No. 157
are effective for fair value measurements made in fiscal years beginning after
November 15, 2007. The Company is currently evaluating the effect SFAS 157 will
have on their financial position and results of operations.

In February 2007, the Financial Accounting Standards Board
(FASB) issued SFAS No. 159, The Fair Value Option for Financial Assets and
Financial Liabilities  Including an Amendment of FASB Statement No. 115.
This statement permits entities to choose to measure many financial instruments
and certain other items at fair value. Most of the provisions of SFAS No. 159
apply only to entities that elect the fair value option. However, the amendment
to SFAS No. 115 Accounting for Certain Investments in Debt and Equity
Securities applies to all entities with available-for-sale and trading
securities. SFAS No. 159 is effective as of the beginning of an entitys first
fiscal year that begins after November 15, 2007. Early adoption is permitted as
of the beginning of a fiscal year that begins on or before November 15, 2007,
provided the entity also elects to apply the provision of SFAS No. 157, Fair
Value Measurements. The Company is currently evaluating the effect SFAS 159
will have on their financial position and result of operations.

In December 2007, the Financial Accounting Standards Board
(FASB) issued SFAS No. 160, Noncontrolling Interests in Consolidated
Financial Statements  an amendment of ARB No. 51. This statement improves
the relevance, comparability, and transparency of the financial information that
a reporting entity provides in its consolidated financial statements by
establishing accounting and reporting standards that require; the ownership
interests in subsidiaries held by parties other than the parent and the amount
of consolidated net income attributable to the parent and to the non-controlling
interest be clearly identified and presented on the face of the consolidated
statement of income, changes in a parents ownership interest while the parent
retains its controlling financial interest in its subsidiary be accounted for
consistently, when a subsidiary is deconsolidated, any retained non-controlling
equity investment in the former subsidiary be initially measured at fair value,
entities provide sufficient disclosures that clearly identify and distinguish
between the interests of the parent and the interests of the non-controlling
owners. SFAS No. 160 affects those entities that have an outstanding
non-controlling interest in one or more subsidiaries or that deconsolidate a
subsidiary. SFAS No. 160 is effective for fiscal years, and interim periods
within those fiscal years, beginning on or after December 15, 2008. Early
adoption is prohibited. The adoption of this statement is not expected to have a
material effect on the Company's financial statements.

On March 19, 2008, the Financial Accounting Standards Board
(FASB) issued SFAS No. 161, Disclosures about Derivative Instruments and
Hedging Activities, an Amendment of FASB Statement No. 133 (SFAS 161).
SFAS 161 is intended to improve transparency in financial reporting by requiring
enhanced disclosures of an entitys derivative instruments and hedging
activities and their effects on the entitys financial position, financial
performance and cash flows. SFAS 161 was issued in response to constituents
concerns regarding the adequacy of existing disclosures of derivative
instruments and hedging activities. SFAS 161 applies to all derivative
instruments within the scope of SFAS No. 133, Accounting for Derivative
Instruments and Hedging Activities (SFAS 133). It also applies to
non-derivative hedging instruments and all hedged items designated and
qualifying as hedges under SFAS 133. The Company is currently evaluating the
disclosure implications of this statement.

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Off-Balance Sheet Arrangements

We do not have any off-balance sheet arrangements, financings,
or other relationships with unconsolidated entities or other persons, also known
as special purpose entities (SPEs).

ITEMS 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT
MARKET RISK

The Company is subject to certain market risks, including
changes in interest rates and currency exchange rates. The Company does not
undertake any specific actions to limit those exposures.

Foreign Currency Exchange Rate Risk

The Company procures products from domestic sources with
operations located overseas. As such, its financial results could be indirectly
affected by the weakening of the dollar. If that were to occur, and if it were
material enough in movement, the financial results of the Company could be
affected, but not immediately because the Company has entered into contracts
with these vendors which establish product pricing levels for up to one year.
Management believes these contracts provide a sufficient amount of time to
mitigate the risk of changes in exchange rates.

ITEM 4T. CONTROLS AND PROCEDURES

Pursuant to Rule 13a-15(b) under the Securities Exchange Act of
1934 (Exchange Act), the Company carried out an evaluation, with the
participation of the Companys management, including the Companys Chief
Executive Officer (CEO) and Chief Accounting Officer (CAO) (the Companys
principal financial and accounting officer), of the effectiveness of the
Companys disclosure controls and procedures (as defined under Rule 13a-15(e)
under the Exchange Act) as of the end of the period covered by this report.
Based upon that evaluation, the Companys CEO and CAO concluded that the
Companys disclosure controls and procedures are effective to ensure that
information required to be disclosed by the Company in the reports that the
Company files or submits under the Exchange Act, is recorded, processed,
summarized and reported, within the time periods specified in the SECs rules
and forms, and that such information is accumulated and communicated to the
Companys management, including the Companys CEO and CAO, as appropriate, to
allow timely decisions regarding required disclosure.

Managements Report on Internal Controls over
Financial Reporting

Internal control over financial reporting is a process to
provide reasonable assurance regarding the reliability of consolidated financial
reporting and the preparation of financial statements for external purposes in
accordance with U.S. generally accepted accounting principles. There has been no
change in the Companys internal control over financial reporting during the
quarter ended March 31, 2008 that has materially affected, or is reasonably
likely to materially affect, the Companys internal control over financial
reporting.

The Companys management, including the Companys CEO and CAO,
does not expect that the Companys disclosure controls and procedures or the
Companys internal controls will prevent all errors and all fraud. A control
system, no matter how well conceived and operated, can provide only reasonable,
not absolute, assurance that the objectives of the control system are met.
Further, the design of a control system must reflect the fact that there are
resource constraints, and the benefits of controls must be considered relative
to their costs. Because of the inherent limitations in all control systems, no
evaluation of the controls can provide absolute assurance that all control
issues and instances of fraud, if any, within the Company have been detected.

Management conducted an evaluation of the effectiveness of our
internal control over financial reporting based on the framework in Internal
Control  Integrated Framework issued by the Committee of Sponsoring
Organizations of the Treadway Commission. Based on this evaluation, management
concluded that the companys internal control over financial reporting was
effective as of March 31, 2008.

This quarterly report does not include an attestation report of
the Company's registered public accounting firm regarding internal control over
financial reporting. Management's report was not subject to attestation by the
Company's registered public accounting firm pursuant to temporary rules of the
Securities and Exchange Commission that permit the Company to provide only
management's report in this quarterly report.

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PART II - OTHER INFORMATION

Item 1. LEGAL PROCEEDINGS

Currently we are not aware of any litigation pending or
threatened by or against the Company.

Item 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF
PROCEEDS.

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 AND REPORTS ON FORM 8-K.

(a)        Exhibits

|31.1 | Certifications pursuant to
        Section 302 of Sarbanes Oxley Act of 2002
|---- | ----------------------------------------------------------------------------
|     |                                                                             
|32.1 | Certifications pursuant to
        Section 906 of Sarbanes Oxley Act of 2002

(b)        Reports of Form
8-K

None.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of
1934, as amended, the registrant caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.

|                   | EWRX INTERNET SYSTEMS, INC.
|------------------ | ---------------------------
|                   |                            
|                   | By:                        
|                   |                            
|Date: May 15, 2008 |                            
|                   |                            

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