**U.S.
      Securities and Exchange Commission**


**Washington,
      D.C. 20549**










**FORM
      10-QSB**







**[X]**
            **Quarterly
                Report Under Section 13 or 15(d) of The Securities Exchange Act of
                1934
                for the Quarterly Period Ended September 30,
                2006**





**[
                 ]**
            **Transition
                Report Under Section 13 or 15(d) of The Securities Exchange Act of
                1934
                for the Transition Period from _______ to
                _______**





**Commission
      File Number: 1-10559**







**DARK
      DYNAMITE, INC.**


(Exact
      name of small business issuer as specified in its charter)







**Nevada**
            **65-1021346**(State
                or other jurisdiction of
            (IRS
                Employer Identification No.)incorporation
                or organization)




**E
      Pang Gong Site, 44 Hong Guang Road, Xi An, P.R.China
      710068**


(Address
      of principal executive offices)





**(
      8629 ) 8436-8561**


(Issuer's
      telephone number)









Check
      whether
      the issuer (1) filed all reports required to be filed by Section 13 or 15(d)
      of
      the Exchange Act during the past 12 months (or for such shorter period that
      the
      registrant was required to file such reports), and (2) has been subject to
      such
      filing requirements for the past 90 days.




Yes
                [x]
            
            
            No
                [  ]




Number
      of
      shares of common stock outstanding as of November 14,
      2006: 45,089,068


Number
      of
      shares of preferred stock outstanding as of November 14, 2006:
      3,340,500









*Table
          of Contents*




**CAUTIONARY
      STATEMENT REGARDING FORWARD LOOKING INFORMATION**




The
      discussion contained in this 10-QSB under the Securities Exchange Act of 1934,
      as amended, contains forward-looking statements that involve risks and
      uncertainties. The issuer's actual results could differ significantly from
      those
      discussed herein. These include statements about our expectations, beliefs,
      intentions or strategies for the future, which we indicate by words or phrases
      such as "anticipate," "expect," "intend," "plan," "will," "we believe," "the
      Company believes," "management believes" and similar language, including those
      set forth in the discussions under "Notes to Financial Statements" and
      "Management's Discussion and Analysis or Plan of Operation" as well as those
      discussed elsewhere in this Form 10-QSB. We base our forward-looking statements
      on information currently available to us, and we assume no obligation to update
      them. Statements contained in this Form 10-QSB that are not historical facts
      are
      forward-looking statements that are subject to the "safe harbor" created by
      the
      Private Securities Litigation Reform Act of 1995.




2




**TABLE
                OF CONTENTS****PART
                I. FINANCIAL INFORMATION**ITEM
                1. FINANCIAL STATEMENTS
            4ITEM
                2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL
                CONDITION AND RESULTS OF OPERATION
            12ITEM
                3 CONTROLS AND PROCEDURES
            14**PART
                II. OTHER INFORMATION**ITEM
                1. LEGAL PROCEEDINGS
            15ITEM
                2. CHANGES IN SECURITIES AND USE OF
                PROCEEDS
            15ITEM
                5. OTHER INFORMATION
            15ITEM
                6. EXHIBITS AND REPORTS ON FORM 8-K
            15SIGNATURES
            16INDEX
                TO EXHIBITS
            17




3
 *Table
          of Contents*




**ITEM
      1.**  **FINANCIAL
      STA** **TEMENTS**







**INDEX
                TO INTERIM FINANCIAL STATEMENTS****Page**Consolidated
                Unaudited Condensed Balance Sheet September 30, 2006
            5Consolidated
                Unaudited Condensed Consolidated Statements of Operations and
                Comprehensive Income - For the Three Months and Nine Months Ended
                September 30, 2006, and the Period from Inception (August 1, 2005)
                through
                September 30, 2005
            6Consolidated
                Unaudited Condensed Statements of Cash Flows - For the Nine Months
                Ended
                September 30, 2006 and the Period from Inception (August 1, 2005)
                through
                September 30, 2005
            7Notes
                to Consolidated Unaudited Condensed Financial Statements
            9-12







4
 *Table
          of Contents*


**Dark
                  Dynamite, Inc. and Subsidiary****Balance
                  Sheet****As
                  of September 30, 2006****ASSETS****Current
                  assets**Cash
                  and cash equivalents
              
              $
              100,550Accounts
                  receivable
              
              
              13,812Inventory
              
              
              17,038Other
              
              
              2,041**Total
                  current assets**
              
              
              133,441**Fixed
                  Assets**Property,
                  plant, and equipments
              
              
              636,026Accumulated
                  depreciation
              
              
              (111,073
              )**Total
                  fixed assets**
              
              
              524,954**Total
                  assets**
              
              $
              658,394**LIABILITIES
                  AND EQUITY****Current
                  liabilities**Accounts
                  payable and accrued liabilities
              
              $
              232,723Due
                  to shareholder
              
              
              79,841Taxes
                  payable
              
              
              4,985**Total
                  current liabilities**
              
              
              317,549Redeemable
                  Preferred Series A stock (par $.01, 5,000,000authorized,
                  3,340,500 issued and outstanding)
              
              $
              33,405**Equity**Common
                  stock (par $.0001, 250,000,000 authorized,
              
              $
              4,50945,089,068
                  issued and outstanding)Paid
                  in capital
              
              
              3,177,017Accumulated
                  other comprehensive income
              
              
              1,727Retained
                  deficit
              
              
              (2,875,813
              )**Total
                  equity**
              
              
              307,440**Total
                  liabilities and equity**
              
              $
              658,394


The
        financial statements should be read in conjunction with the accompanying
        notes.




5
 *Table
          of Contents*


**Dark
                  Dynamite, Inc. and Subsidiary****Statement
                  of Operations and Comprehensive Income****For
                  the three months and nine months ended September 30,
                  2006****and
                  the period from inception (August 1, 2005) through September 30,
                  2005**Period
                  from inceptionThree
                  months ended
              
              Nine
                  months
                ended
              
              (August
                  1, 2005) throughSeptember
                  30, 2006
              
              September
                  30, 2006
              
              September
                  30, 2005REVENUES:Revenues
              
              $
              200,753
              
              $
              701,958
              
              $
              95,195Cost
                  of revenues
              
              
              40,139
              
              
              125,020
              
              
              33,123GROSS
                  PROFIT
              
              
              160,614
              
              
              576,938
              
              
              62,072OPERATING
                  EXPENSES:Selling,
                  general, and administrative
              
              
              157,162
              
              
              537,431
              
              
              51,753TOTAL
                  OPERATING EXPENSES
              
              
              157,162
              
              
              537,431
              
              
              51,753OPERATING
                  INCOME
              
              
              3,453
              
              
              39,507
              
              
              10,319OTHER
                  INCOME (EXPENSES):Interest
                  income (expenses)
              
              
              (95
              )
              
              63
              
              
              (84
              )Others
              
              
              291
              
              
              184
              
              
              344TOTAL
                  OTHER (EXPENSES)
              
              
              196
              
              
              248
              
              
              260INCOME
                  FROM OPERATIONS
              
              
              3,649
              
              
              39,755
              
              
              10,579INCOME
                  TAXES
              
              
              3,208
              
              
              15,499
              
              
              5,129INCOME
                  AFTER INCOME TAXES
              
              
              441
              
              
              24,256
              
              
              5,450GAIN
                  ON DISPOSAL OF SUBSIDIARY
              
              
              -
              
              
              27,322
              
              
              -NET
                  INCOME
              
              $
              441
              
              $
              51,578
              
              $
              5,450OTHER
                  COMPREHENSIVE (LOSS) INCOMEForeign
                  currency translation (loss) gain
              
              
              749
              
              
              1,727
              
              
              -COMPREHENSIVE
                  (LOSS) INCOME
              
              
              1,190
              
              
              53,305
              
              
              5,450Net
                  Loss Per Common ShareBasic
                  & Fully Diluted
              
              
              **
              
              
              **
              
              
              n/aWeighted
                  Average CommonShares
                  Outstanding
              
              
              45,089,068
              
              
              45,061,475
              
              
              n/a**
                  Less than $.01








6
 *Table
          of Contents*


**Dark
                  Dynamite, Inc. and Subsidiary****Statement
                  of Cash Flows****For
                  the nine months ended September 30, 2006****and
                  the period from inception (August 1, 2005) through September 30,
                  2005**Period
                  from inceptionFor
                  the nine months
              
              (August
                  1, 2005) throughEnded
                September
                  30, 2005
              
              September
                  30, 2005CASH
                  FLOWS FROM OPERATING ACTIVITIES:Net
                  Income after income tax
              
              $
              51,578
              
              $
              5,450Adjustments
                  to reconcile net income to net cashprovided
                  by (used in) operating activities:Depreciation
              
              
              62,058
              
              
              -Accounts
                  receivable
              
              
              45,775
              
              
              (6,272
              )Prepaid
                  and other assets
              
              
              1,380
              
              
              -Inventory
              
              
              72,308
              
              
              (15,735
              )Accounts
                  payable and accrued liabilities
              
              
              (270,201
              )
              
              27,970Other
                  payable
              
              
              (29,611
              )
              
              -Tax
                  payable
              
              
              (1,774
              )
              
              -NET
                  CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES
              
              
              (68,487
              )
              
              11,413CASH
                  FLOWS FROM INVESTING ACTIVITIES:Disposal
                  of property, plant, and equipment
              
              
              93,712
              
              
              -Capital
                  loss due to preferred stock conversion
              
              
              (446
              )
              
              -Purchase
                  of property, plant, and equipment
              
              
              -
              
              
              (601,834
              )NET
                  CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES
              
              
              93,266
              
              
              (601,834
              )CASH
                  FLOWS FROM FINANCING ACTIVITIES:Note
                  payable - current portion
              
              
              -
              
              
              137,200Note
                  payable
              
              
              (402,263
              )
              
              435,684Capital
                  contribution
              
              
              391,159
              
              
              74,208Proceeds
                  from shareholder loan
              
              
              79,841
              
              
              -NET
                  CASH PROVIDED BY FINANCING ACTIVITIES
              
              
              68,737
              
              
              647,092Foreign
                  currency translation adjustment
              
              
              1,727
              
              
              -NET
                  INCREASE IN CASH AND CASH EQUIVALENTS
              
              
              95,243
              
              
              56,671CASH
                  AND CASH EQUIVALENTS:Beginning
                  of period
              
              
              5,307
              
              
              -End
                  of period
              
              $
              100,550
              
              $
              56,671SUPPLEMENTARY
                  CASH FLOW INFORMATION OFCommon
                  stock issued for services
              
              $
              -
              
              $
              -Cash
                  paid for income taxes
              
              $
              15,499
              
              $
              -Cash
                  paid for interest
              
              $
              -
              
              $
              -








7
 *Table
          of Contents*





**DARK
      DYNAMITE, INC. AND SUBSIDIAR** **Y**


NOTES
      TO
      THE FINANCIAL STATEMENTS


FOR
      THE
      THREE MONTHS AND NINE MONTHS ENDED SEPTEMBER 30, 2006







NOTE
      1 -
      MANAGEMENT’S USE OF ESTIMATES





The
      accompanying unaudited condensed consolidated financial statements have been
      prepared in accordance with both generally accepted accounting principles for
      interim financial information, and the instructions to Form 10-QSB and Item
      310(b) of Regulation S-B. Accordingly, they do not include all of the
      information and footnotes required by generally accepted accounting principles
      for complete financial statements. The accompanying unaudited condensed
      consolidated financial statements reflect all adjustments (consisting of normal
      recurring accruals) that are, in the opinion of management, considered necessary
      for a fair presentation of the results for the interim periods presented.
      Interim results are not necessarily indicative of results for a full
      year.





The
      consolidated financial statements and related disclosures have been prepared
      with the presumption that users of the interim financial information have read
      or have access to our annual audited consolidated financial statements for
      the
      preceding fiscal year. Accordingly, these condensed consolidated financial
      statements should be read in conjunction with the audited consolidated financial
      statements and the related notes thereto contained in our Annual Report on
      Form
      10-KSB for the year ended December 31, 2006.





NOTE
      2 -
      BUSINESS ORGANIZATION





Dark
      Dynamite, Inc. (the “Company”or “DKDY”) was incorporated in the State of Nevada
      on December 23, 1988, formerly
      known as NCI Holdings, Inc., Vector Holding, Inc., and prior to June 26, 2002,
      Vector Aeromotive Corporation .





On
      August
      29, 2005, DKDY (acquiree) executed a Plan of Exchange with Shanxi
      Kai Da Lv You Gu Wen You Xian Gong Si, a corporation organized under the laws
      of
      the Peoples’ Republic of China (“Kai Da” or " acquirer"),
      the Shareholders of Kai Da, Diversified
      Holdings X, Inc., a Nevada corporation (“Diversified Holdings”), and
      the
      majority shareholder of DKDY ,
      pursuant to which, and the First Amendment of Plan of Exchange signed on
      September 29, 2006, the m ajority
      shareholder of DKDY and Diversified Holdings transferred a total of 4,990,000
      shares of convertible preferred stock to Kai Da and/or the Kai Da shareholders
      for $495,000, less related expenses. Each share of convertible preferred stock
      is convertible into twenty-five (25) shares of common stock, and each share
      votes together with the common stock on all matters presented for a vote on
      an
“as converted” basis. In addition, the Company issued 100,000 new shares of
      common stock to Kai Da and/or the Kai Da shareholders in exchange for all of
      their shares of registered capital of Kai Da, which then became a wholly-owned
      subsidiary of the Registrant. On October 3, 2005, DKDY consummated the Plan
      of
      Exchange with Kai Da. As a result of the Plan of Exchange, Kai Na will become
      a
      wholly-owned subsidiary of DKDY. The transaction
      was treated for accounting purposes as a capital transaction and
      recapitalization by the accounting acquirer and as a re-organization by the
      accounting acquiree.





Accordingly,
      the consolidated financial statements include the following:





(1)
            The
                balance sheet consists of the net assets of the acquirer at historical
                cost and the net assets of the acquiree at historical
                cost.





(2)
            The
                statement of operations includes the operations of the acquirer for
                the
                periods presented and the operations of the acquiree from the date
                of the
                merger.





Kai
      Da is
      principally engaged in the theme park management in the PRC.





DKDY
      and
      its wholly-owned subsidiary Kai Da are hereafter referred to as (the
“Company”).




8
 *Table
          of Contents*


**DARK
        DYNAMITE, INC. AND SUBSIDIAR** **Y**
 NOTES
        TO
        THE FINANCIAL STATEMENTS
 FOR
        THE
        THREE MONTHS AND NINE MONTHS ENDED SEPTEMBER 30, 2006


NOTE
      3 -
      PRINCIPLES OF CONSOLIDATION





The
      condensed consolidated financial statements include the financial statements
      of
      Dark Dynamite Inc. and its subsidiary and have been prepared in accordance
      in
      accordance with generally accepted accounting principles in the United States
      of
      America (“US GAAP”). All significant inter-company balances and transactions
      have been eliminated in consolidation.





The
      interest of the Company in Kai Da was acquired by means of exchange for shares
      in the Company pursuant to a Plan of Exchange, dated August 29, 2006, and the
      First Amendment to Plan of Exchange, dated September 29, 2006. The transaction
      is considered to be transfer between entities under common control, within
      the
      meaning of US GAAP. Accordingly, the assets and liabilities transferred have
      been accounted for at historical cost or at its “fair value” at the date of the
      merger and have been included in the foregoing financial statements as of the
      beginning of the periods presented.





NOTE 4
      - REVENUE RECOGNITION





The
      Company’s policy is to recognize income when it is earned. Kai Da’s revenue is
      derived from ticket sales, and hotel and restaurant income. Revenues are booked
      net of any cash discounts. If any material contingencies are present,
      revenue recognition is delayed until all material contingencies are eliminated.
      Material contingencies are circumstances in which there are any potential
      uncertainties as to the completion of the revenue process being complete.
      Further, no revenue is recognized unless collection of the applicable
      consideration is probable. Probable collection is determined at the time
      collection occurs or is more than reasonably possible it will be collected.
      Retail store sales - revenue is recognized when sales are made. They are paid
      by
      cash or credit card.





NOTE 5
      - LOSS PER SHARE





Loss
      per
      share is reported in accordance with Statement of Financial Accounting Standard
      (SFAS) No. 128. This statement required dual presentation of basic and diluted
      earnings (loss) with a reconciliation of the numerator and denominator of the
      loss per share computations. Basic earnings per share amounts are based on
      the
      weighted average shares of common stock outstanding. If applicable, diluted
      earnings per share would assume the conversion, exercise or issuance of all
      potential common stock instruments such as options, warrants and convertible
      securities, unless the effect is to reduce a loss or increase earnings per
      share. There were no adjustments required to net loss for the period presented
      in the computation of diluted loss per share.




NOTE 6
      - FOREIGN CURRENCIES (KAI DA-FOREIGN SUBSIDIARY)





The
      assets and liabilities denominated in respective functional currencies are
      translated into United States Dollars at the exchange rate as of the balance
      sheet date. The share capital and retained earnings are translated at exchange
      rates prevailing at the time of the transactions. Revenues, costs, and expenses
      denominated in respective functional currencies are translated into United
      States Dollars at the weighted average exchange rate for the period. The effects
      of foreign currencies translation adjustments are included as a separate
      component of accumulated other comprehensive income.




9
 *Table
          of Contents*


**DARK
        DYNAMITE, INC. AND SUBSIDIAR** **Y**
 NOTES
        TO
        THE FINANCIAL STATEMENTS
 FOR
        THE
        THREE MONTHS AND NINE MONTHS ENDED SEPTEMBER 30, 2006


NOTE 7
      - PROPERTY, PLANT, AND EQUIPMENT





Property,
      plant, and equipment are recorded at cost less accumulated depreciation and
      impairment. Repairs and maintenance expenditures, which are not considered
      improvements and do not extend the useful life of property, plant, and
      equipment, are expensed as incurred. The cost and related accumulated
      depreciation applicable to property, plant, and equipment sold or no longer
      in
      service are eliminated from the accounts and any gain or loss is included in
      the
      statement of operations.




Depreciation
      is calculated to write-off the cost or basis of the property, plant, and
      equipment over their estimated useful lives for the date on which they become
      fully operational and after taking into account their estimated residual values
      (salvage value), using the straight-line method, at the following rates per
      year:




Equipment Straight-line
      for 5 to 20 years with a 5% salvage value


Furniture Straight-line
      for 5 to 10 years with a 5% salvage value


Autos Straight-line
      for 5 to 10 years with a 5% salvage value





When
      assets are sold or retired, their costs and accumulated depreciation are
      eliminated from the accounts and any gain or loss resulting from their disposal
      is included in the statement of operations.




The
      Company recognizes an impairment loss on property, plant, and equipment when
      evidence, such as the sum of expected future cash flows (undiscounted and
      without interest charges), indicates that future operations will not produce
      sufficient revenue to cover the related future costs, including depreciation,
      and when the carrying amount of the asset cannot be realized through sale.
      Measurement of the impairment loss is based on the fair value of the assets.





NOTE 8
      - PREFERRED STOCK





During
      the nine months ended September 30, 2006, 59,500 shares of preferred stock
      were
      converted into 1,487,500 common shares by the Company's consultants and former
      owner, resulting in a balance of 3,340,500 preferred shares as of September
      30,
      2006.




NOTE 9
      - PAYABLES, COMMITMENTS AND CONTIGENCIES





As
      of
      December 31, 2005, the Company’s subsidiary Kai Da had a payable outstanding in
      the amount of $402,263 to a related party (see note 12). The payable is set-up
      as a financial purchase/lease contract for the acquisition of the fixed assets.
      Payments are to be made in installments over five years. Future total payments
      by year will be made as follows:





2006         
      100,564


2007          100,564


2008         
      100,564


2009 100,571





Total       
      $402,263


=======





Land
      and
      building were provided rent-free to the Company. The Company had no other
      commitments or contingencies.





As
      of
      September 30, 2006, the note payable of $402,263 was fully paid.




10
 *Table
          of Contents*


**DARK
        DYNAMITE, INC. AND SUBSIDIAR** **Y**
 NOTES
        TO
        THE FINANCIAL STATEMENTS
 FOR
        THE
        THREE MONTHS AND NINE MONTHS ENDED SEPTEMBER 30, 2006


NOTE 10
      - GOING CONCERN





As
      shown
      in the accompanying audited financial statements, the Company has a deficit
      book
      value and a negative cash flow from operations that have placed substantial
      doubt as to whether the Company can continue as a going concern. The ability
      of
      the Company to continue as a going concern is dependent on developing
      operations, increasing revenues, and obtaining new capital. Management has
      enacted a plan to raise capital and enter strategic acquisitions.




NOTE 11
      - LITIGATION





**Securities
      and Exchange Commission v. David M. Wolfson, et al.** On
      October 16, 2004 a civil complaint was filed by the Securities and Exchange
      Commission in which Dark Dynamite, Inc. was named as a respondent. The Company’s
      former president Gino Carlucci was also named as a respondent. The suit was
      filed in the United States District Court for the District of Utah and bears
      the
      docket number 2:03CV00914DAK and the style of the case is: “Securities and
      Exchange Commission v. David M. Wolfson; NuWay Holdings, Inc., a Nevada
      corporation; Momentous Group, LLC, a Utah limited liability company; Leeward
      Consulting Group, LLC, a Utah limited liability company; Sukumo Limited, a
      company incorporated in the British Virgin Islands (a.k.a. Sukumo Group, Ltd.,
      Fujiwara Group, First Chartered Capital Corporation, First Colonial Trust,
      First
      China Capital and International Investment Holding); Michael Sydney Newman
      (A.K.A. Marcus Wiseman); Stem Genetics, Inc., a Utah corporation; Howard H.
      Robertson; Gino Carlucci; G & G Capital, LLC an Arizona and Utah limited
      liability company; F10 Oil and Gas Properties, Inc.; Jon H. Marple; Mary E.
      Blake; Jon R. Marple; Grateful Internet Associates, LLC, a Colorado limited
      liability company; Diversified Financial Resources Corporation, a Delaware
      corporation; John Chapman; Valesc Holdings, Inc., a New Jersey corporation;
      Jeremy D. Kraus; Samuel Cohen; Dark Dynamite, Inc., (The Company) a Nevada
      corporation. The complaint alleges that the Company failed to accurately and
      fully disclose the nature of its relationship to The Sukumo Group, Inc.,
      including the failure of Sukumo to complete the purchase of the shares and
      alleges that Sukumo acted as a selling agent for the Company. The complaint
      also
      faults The Sukumo Group Inc.’s actions with regard to the sale of common stock
      to off shore purchasers for failing to disclose the interest that Sukumo had
      in
      each sale, reporting that it was taking a 1-2% commission on the sale rather
      than keeping 70% or more of the proceeds of each transaction. The Company filed
      a motion to dismiss the complaint based upon a lack of jurisdiction and the
      failure of the complaint to adequately set forth the actions of the Company
      which form the basis of a cause of action against the Company that was denied
      by
      the Court. The Company filed an answer disputing the allegations of the
      complaint and has participated in some pre-trial discovery. The Company and
      the
      Government have agreed upon the terms of a settlement, the terms of which
      provide for the Company to pay the sum of $30,000 to the SEC. The SEC is
      currently reviewing the terms of a proposed consent decree in which the Company
      would neither admit or deny the claims made in the complaint and be subject
      to
      an injunction prohibiting future violations of the securities laws and
      regulations, this review has been pending for more than 18 months with no report
      of expected action on the proposal and without any change in the status of
      the
      litigation impacting the Company.




The
      Company believes that adequate provision has been made for all other judgments
      that may be awarded against the Company. None of the other lawsuits have yet
      been resolved.




NOTE
      12 -
      RELATED PARTY TRANSACTIONS





The
      Company’s subsidiary Kai Da signed a management contract with Shanxi Qin E’Pang
      Tourism Development Co., Ltd. According to the contract, the Company will manage
      the A’Pang palace tourist, hotel, and restaurant from August 1, 2005 to July 31,
      2010 and hold 90% of the net profits. The remaining 10% of the net profit will
      be returned to Shanxi Qin E’Pang Tourism Development Co., Ltd. In September
      2005, the Company purchased the fixed assets from Shanxi Qin E’Pang Tourism
      Development Co., Ltd. by executing a financial leasing contract (see Note
      7).





As
      of
      September 30, 2006, the Company recorded due to shareholder of
      $79,841.




NOTE
      13 -
      DISPOSAL OF SUBSIDIARY





On
      April
      1, 2006, the Company executed an Agreement (the “Agreement”) between the Company
      and Diversified Holdings X, Inc. ("DHX"), a Nevada corporation, pursuant to
      which the Company agreed to sell its ownership of Black Chandelier, Inc. (“BCI”)
      to DHX. The gains on disposal of subsidiary are as follows:





September
                30, 2006(Unaudited)(Loss)
                from investment in BCI
            
            $
            (9,900
            )Write
                off the liabilities due from subsidiary to parent
            
            
            37,222Gains
                on disposal of subsidiaries
            
            $
            27,322




11
 *Table
          of Contents*




**ITEM
      2.**  **MANAGEMENT'S
      DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF
      OPE** **RATION**




As
      used
      in this Quarterly Report, the terms "we", "us", "our," the “Registrant,” “DDI”
and the "Company" means, Dark Dynamite, Inc., a Nevada corporation, formerly
      known as NCI Holdings, Inc., Vector Holding, Inc., and prior to June 26, 2002,
      Vector Aeromotive Corporation. These terms also refer to the Company’s
      subsidiary corporation, Shanxi Kai Da Lv You Gu Wen You Xian Gong Si ("Kai
      Da"),
      a corporation organized under the laws of the Peoples’ Republic of China (“Kai
      Da”) acquired in August 2005.




After
      the
      acquisition of Kai Da, management changed the Company's primary business into
      theme park management and travel related services. The Company contracts and
      operates the Theme Park of Qin E Pang Gong (“Theme Park”) through Shanxi Kai Da
      Lv You Gu Wen You Xian Gong Si (“Kai Da”), its wholly owned subsidiary in China.
      The Theme Park was built up at the historical address of E Pang Gong, the most
      prestigious and largest palace in Chinese history built for Qin Shi Huang,
      the
      first emperor in the Qin dynasty over 2,200 years ago. E Pang Gong was burned
      down during the war and became a legend as well as the subject of numerous
      historical books. In 1994, the historical address of E Pang Gong was appraised
      by United Nations Educational, Scientific and Cultural Organization ("UNESCO")
      as one of the wonders in the ancient world due to the size of the palace and
      the
      degree of preservation. The current theme park was built imitating the original
      palace based on historical records and legends, covering approximately 5.59
      million square feet consisting of several building structure, including the
      Front Palace, Qihe River, Magnetic Gate, Heaven Tower, Earth Temple, Lan-Chi
      Palace and the Shang-Lin Garden. Management believes it is a significant
      achievement to be able to display such a famous and grand palace to the domestic
      and international communities. It is believed to be one of the more important
      historical sites in China.





In
      connection with our Theme Park management, we have developed three primary
      business segments:




·
            Theme
                park admission and management·
            Resorts·
            Movie
                and television revenues





More
      information about the Company’s business can be found on the corporate website
      at http://www.qinepanggong.com.




RESULTS
      OF OPERATIONS FOR THE THREE MONTHS AND NINE MONTHS ENDED SEPTEMBER 30,
      2006





Revenues





Gross
      revenues for three months and nine months ended September 30, 2006 were $200,753
      and $701,958, respectively, due primarily from ticket and product sales. The
      Company commenced the operation on August 1, 2005. The revenues for the period
      from inception through September 30, 2005 were $95,195. We expect sales to
      increase during 2006 as we move toward developing our business plan.
      Additionally, we expect to generate new revenues in 2006 from the launch of
      our
      dinner show project.




12
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Income
      / Loss





Net
      income for the three months and nine months ended September 30, 2006 were $441
      and $51,578, respectively. The net income for the nine months ended September
      30, 2006 included the gains on disposal of Black Chandelier, Inc. of $27,322
      in
      the second quarter of 2006. Income from operations for the three months and
      nine
      months ended September 30, 2006 were $3,649 and $39,755, respectively. The
      decrease in net income and operating income for the three months ended September
      30, 2006 was primarily attributable to the decrease in revenues in the third
      quarter of 2006.





Net
      income and operating income for the two months from inception through September
      30, 2005 were $5,450 and $10,579, respectively.




The
      Company expects to incur losses or keep breakeven in fiscal year 2006 until
      traffic is increased to the Theme Park and product sales increase. There can
      be
      no assurance that the Company will achieve or maintain profitability, or that
      any revenue growth will take place in the future.




Expenses





Selling,
      general and administrative expenses for the three months and nine months ended
      September 30, 2006 were $157,162 and $537,431, respectively, which were due
      primarily to the Theme Park operation. We had selling, general and
      administrative expenses of $51,753 for the period from inception through
      September 30, 2005. The low expenses were due primarily to the limited operation
      in the first two months.





Cost
      of Sales





Cost
      of
      sales included expenses directly related to delivering our product or services.
      Travel agents' commissions and direct labor would be examples of cost of sales
      items. During the three months and nine months ended September 30, 2006, we
      had
      $40,139 and $125,020 in cost of sales, respectively. Cost of sales as a
      percentage of sales were approximately 20% and 18% for the three months and
      nine
      months ended September 30, 2006. Cost of sales for the period from inception
      through September 30, 2005 was $33,123, or 35% as a percentage of
      sales.





Impact
      of Inflation and Foreign Exchange Rate





We
      believe that inflation and foreign exchange rate have had a negligible effect
      on
      operations during this period. We believe that we can offset inflationary
      increases in the cost of sales by increasing sales and improving operating
      efficiencies.





Liquidity
      and Capital Resources





Cash
      flows used in operating activities were $68,487 for the nine months ended
      September 30, 2006. Negative cash flows from operations were primarily due
      to
      the repayment of $270,201 for accounts payable and the repayment of $29,611
      for
      other payable, partially offset by the net income, the decrease in accounts
      receivable and inventory for the period.





Cash
      flows provided by investing activities were $93,266 for the nine months ended
      September 30, 2006, which was due primarily to the disposal of fixtures and
      equipment in Black Chandelier.




13
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Cash
      flows provided by financing activities were $68,737 for the nine months ended
      September 30, 2006, which was due primarily to the capital contribution of
      $391,159 and shareholder loan of $79,841, offset by the repayment of a note
      payable. The Company has an outstanding payable in the amount of $402,263 as
      of
      December 31, 2005, which relates to the financing / lease contract for the
      acquisition of fixed assets. The payable requires annual installments of
      $100,564 to be made beginning in 2006. During the second quarter of 2006, the
      note payable of $402,263 was paid in full.





We
      have
      funded our cash needs for the nine months ended September 30, 2006 with a series
      of debt and equity transactions.





We
      project that we will need additional capital to fund operations over the next
      12
      months. We anticipate we will need an additional $250,000 in working capital
      during 2006 and $100,000 for the two years thereafter.





On
      a
      long-term basis, liquidity is dependent on continuation and expansion of
      operations, receipt of revenues, and additional infusions of capital and debt
      financing. However, there can be no assurance that we will be able to obtain
      additional equity or debt financing in the future, if at all. If we are unable
      to raise additional capital, our growth potential will be adversely affected.
      Additionally, we will have to significantly modify our business
      plan.





Ability
      to Continue as a Going Concern




As
      shown
      in the consolidated financial statements for the nine months ended September
      30,
      2006, the Company had a deficit book value, was the subject of a law suit,
      and
      had a negative cash flow from operations that created substantial doubt as
      to
      whether the Company can continue as a going concern. The ability of the Company
      to continue as a going concern is dependent on resolving the business and
      liquidity problems, principally through developing operations, increasing
      revenues, and obtaining new capital through either debt or equity.




Forward
      Looking Statements




The
      information herein contains certain forward looking statements within the
      meaning of §27A of the Securities Act of 1933, as amended and §21E of the
      Securities Exchange Act of 1934, as amended, which are intended to be covered
      by
      the safe harbors created thereby. Investors are cautioned that all forward
      looking statements involve risks and uncertainty, including without limitation,
      the ability of the Company to continue its current expansion strategy, changes
      in the fashion and clothing markets, labor and employee benefits, as well as
      general market conditions, competition and pricing. Although the Company
      believes that the assumptions underlying the forward looking statements
      contained herein are reasonable, any of the assumptions could be inaccurate,
      and
      therefore, there can be no assurance that the forward looking statements
      included in this Form 10-QSB will prove to be accurate. In view of the
      significant uncertainties inherent in the forward looking statements included
      herein, the inclusion of such information should not be regarded as a
      representation by the Company or any other person that the objectives and plans
      of the Company will be achieved.





**ITEM
      3. CONTROLS AND PROCEDURES.**




The
      Company maintains disclosure controls and procedures designed to ensure that
      information required to be disclosed in reports filed under the Securities
      Exchange Act of 1934 (“Exchange Act”) is recorded, processed, summarized and
      reported within the specified time periods. The Company’s Chief Executive
      Officer and its Chief Financial Officer (collectively, the “Certifying
      Officers”) are responsible for maintaining disclosure controls and procedures
      for the Company. The controls and procedures established by the Company are
      designed to provide reasonable assurance that information required to be
      disclosed by the issuer in the reports that it files or submits under the
      Exchange Act are recorded, processed, summarized and reported within the time
      periods specified in the Commission’s rules and forms.




As
      of the end of the period covered by this report, the Certifying Officers
      evaluated the effectiveness of the Company’s disclosure controls and procedures.
      Based on the evaluation, the Certifying Officers concluded that the Company’s
      disclosure controls and procedures were effective to provide reasonable
      assurance that information required to be disclosed by us in the reports that
      we
      file or submit under the Exchange Act is recorded, processed, summarized and
      reported, within the time periods specified in the applicable rules and forms,
      and that it is accumulated and communicated to our management, including the
      Certifying Officers, as appropriate to allow timely decisions regarding required
      disclosure.




14
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**PART
      II. OTHER INFORMATION**





**ITEM
      1. LEGAL PROC** **EEDINGS**





Securities
      and Exchange Commission v. David M. Wolfson, et al. On
      October 16, 2003 a civil complaint was filed by the Securities and Exchange
      Commission in which NCI Holdings, Inc. (a.k.a. Dark Dynamite, Inc.) was named
      as
      a respondent. The Company’s former president Gino Carlucci was also named as a
      respondent. The suit was filed in the United States District Court for the
      District of Utah and bears the docket number 2:03CV00914DAK and the style of
      the
      case is: ASecurities and Exchange Commission v. David M. Wolfson; NuWay
      Holdings, Inc., a Nevada corporation; Momentous Group, LLC, a Utah limited
      liability company; Leeward Consulting Group, LLC, a Utah limited liability
      company; Sukumo Limited, a company incorporated in the British Virgin Islands
      (a.k.a. Sukumo Group, Ltd., Fujiwara Group, First Chartered Capital Corporation,
      First Colonial Trust, First China Capital and International Investment Holding);
      Michael Sydney Newman (A.K.A. Marcus Wiseman); Stem Genetics, Inc., a Utah
      corporation; Howard H. Robertson; Gino Carlucci; G & G Capital, LLC an
      Arizona and Utah limited liability company; F10 Oil and Gas Properties, Inc.;
      Jon H. Marple; Mary E. Blake; Jon R. Marple; Grateful Internet Associates,
      LLC,
      a Colorado limited liability company; Diversified Financial Resources
      Corporation, a Delaware corporation; John Chapman; Valesc Holdings, Inc., a
      New
      Jersey corporation; Jeremy D. Kraus; Samuel Cohen; NCI Holdings, Inc., a Nevada
      corporation. The complaint alleges that NCI failed to accurately and fully
      disclose the nature of NCI's relationship to The Sukumo Group, Inc., including
      the failure of Sukumo to complete the purchase of the shares and alleges that
      Sukumo acted as a selling agent for NCI. The complaint also faults The Sukumo
      Group Inc.'s actions with regard to the sale of common stock to off-shore
      purchasers for failing to disclose the interest that Sukumo had in each sale,
      reporting that it was taking a 1-2% commission on the sale rather than keeping
      70% or more of the proceeds of each transaction. The Company filed a motion
      to
      dismiss the complaint based upon a lack of jurisdiction and the failure of
      the
      complaint to adequately set forth the actions of the Company, which form the
      basis of a cause of action against the Company that was denied by the Court.
      The
      Company filed an answer disputing the allegations of the complaint and has
      participated in some pre-trial discovery. The Company and the Government have
      agreed upon the terms of a settlement, the terms of which provide for the
      Company to pay the sum of $30,000 to the SEC. The SEC is currently reviewing
      the
      terms of a proposed consent decree in which the Company would neither admit
      nor
      deny the claims made in the complaint and be subject to an injunction
      prohibiting future violations of the securities laws and regulations, this
      review has been pending for more than 18 months with no report of expected
      action on the proposal and without any change in the status of the litigation
      impacting on Dark Dynamite, Inc.





Dark
      Dynamite, Inc. and Diversified Holdings X, Inc. v. Allen E. Weintraub and Miami
      Venture Capital, Inc. Civil
      complaint filed in the Third District Court of the State of Utah, Salt Lake
      County, Civil No. 050905249. A default judgment was entered against the
      defendants on March 15, 2006 after a hearing before the court, the judgment
      awarded damages in the sums of $267,892, an award for costs and attorneys fees
      has not yet been calculated. Mr. Weintraub has filed an affidavit with the
      court
      attacking the sufficiency of service in the case, Plaintiffs have filed a
      response to that affidavit and no reply has been received from Weintraub nor
      has
      any ruling been made by the court.




**ITEM
      2. CHANGES IN SECURITIES AND USE OF PR** **OCEEDS**




None





**ITEM
      5. OTHER INFOR** **MATION**





None





**ITEM
      6. EXHIBITS AND REPORTS** **ON
      FORM 8-K**





(1)
            Exhibits:
                Exhibits required to be attached by Item 601 of Regulation S-B are
                listed
                in the Index to Exhibits Beginning on page 8 of this Form 10-QSB,
                which is
                incorporated herein by reference.




Reports
      on Form 8-K filed in the third quarter of 2006





None.




15
 *Table
          of Contents*




**SIG** **NATURES**




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




**DARK
                DYNAMITE, INC.**Date:
                November 14, 2006
            By:
            /s/ Ming
                LeiMing
                Lei
              President
                and CEO





Date: November
                14, 2006
            By:
            /s/ Xiaojun
                WangXiaojun
                Wang
              Chief
                Financial Officer






16
 *Table
          of Contents*




**INDEX
      TO E** **XHIBITS**




**Exhibit
                No.**
            **Description**31.1
            Certification
                of Chief Executive
                Officer31.2
            Certification
                of Chief Financial
                Officer.32.1
            Statement
                required by 18 U.S.C. Section 1350, as adopted
                pursuant to section 906 of the Sarbanes-Oxley Act of
                2002.32.2
            Statement
                required by 18 U.S.C. Section 1350, as adopted
                pursuant to section 906 of the Sarbanes-Oxley Act of
                2002.








17