SECURITIES
AND EXCHANGE COMMISSION
Washington
D.C. 20549
FORM
10-QSB
[
X ]
QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
ACT
OF 1934
For
the
Quarterly Period ended: March
31, 2007
[
]
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
ACT
OF 1934
For the transition period from ___________ to ______________
Commission
file number
0-21847
BOULDER
CAPITAL OPPORTUNITIES, II, INC.
(Exact
name of small business issuer as specified in its charter)
Colorado
|
84-1356598
|
(State
or other jurisdiction of
|
(I.R.S.
Employer Identification No.)
|
incorporation
or organization)
|
|
P.O.
Box 12483 Chandler, Arizona 85248
(Address
of principal executive offices)
(480)792-6603
(Issuer's
telephone number)
________________________________________
(Former
name, former address and former fiscal year,
if
changed since last report)
Check
whether the registrant (1) filed all reports required to be filed by Section
13
or 15(d) of the Exchange Act of 1934 during the past 12 months (or for such
shorter period that the registrant was required to file such reports), and
(2)
has been subject to such filing requirements for the past 90 days. Yes
[X]
No [
]
Indicate
by check mark whether the registrant is a shell company (as defined in Rule
12b-2 of the Exchange Act) Yes [X]
No [
]
As
of May
1, 2007, 3,215,537 shares of common stock were outstanding. The securities
of
this Company do not trade in a public market.
PART
I--FINANCIAL INFORMATION
Item
1. Financial Statements.
For
financial information, please see the financial statements and the notes
thereto, attached hereto and incorporated herein by this reference.
Item
2. Management's Discussion and Analysis or Plan of
Operation.
PLAN
OF OPERATIONS
We
have
generated no revenues from our operations in recent years and have been a
development stage company since our formation. Since we have not generated
revenues and have not been in a profitable position, we operate with minimal
overhead. Our primary activity will be to search for and to acquire oil and
gas
leases for our own account, and for the foreseeable future to search for and
to
acquire oil and gas leases for the account of our clients.
On
November, 1, 2005, we acquired a 4% interest in twelve mineral leases
located
in Jasper County, Texas. We acquired these interests from an unaffiliated
third party for $20,000 in cash. Otherwise, no leases or clients have
been
identified at this time.
For
the
fiscal quarter ended March 31, 2007, we had no revenue, as compared to
no
revenue for the fiscal quarter ended March 31, 2006.
For
the
fiscal quarter ended March 31, 2007, we had a total of $6,168 in operating
expenses, as compared to $19,468 in operating expenses for the fiscal quarter
ended
March 31, 2006. The operating expenses in the fiscal quarters ended March
31,
2007
and 2006 were essentially related to professional fees and rental
charges.
For
the
fiscal quarter ended March 31, 2007, we had a net loss of $(0.002) per share,
as
compared to a net loss of $(0.008) for the fiscal quarter ended March
31,
2006.
Our
plan
is to develop oil and gas lease projects in which we can act either as the
drilling operator for an investor group or as a broker of leases for a lessor
and for the account of its clients. Leases may be received from individuals
or
companies by assignment under an agreement to develop or sell such leases on
behalf of such persons. We also plan in the future to act as a broker for lease
situations involving third parties.
We
will
focus our attention on drilling primarily in the same specific geographical
area
in which we plan to acquire interests. We plan to concentrate our activities
in
the Western United States. We plan to utilize various reporting services such
as
Petroleum Information and our contacts within the petroleum industry to identify
drilling locations, companies and ownership activity. However, since the thrust
of our initial efforts will be to acquire leases with a minimum of capital
outlay, we will also look at situations in any other geographical area where
such leases may be obtained. The ability to drill in a specific lease area
will
be secondary to the ability to acquire a lease on terms most favorable to us
and
at little or no capital outlay. At the present time, we have been looking for
leases which meet the above-mentioned criteria but has not yet identified any
lease situations which we believe would be appropriate for acquisition. We
cannot predict when such identification will occur.
We
expect
to enter into turnkey drilling contracts with an unaffiliated third party for
the drilling of any wells. At some later time, we may act as the driller of
the
wells, although there are no plans to do so at the present time. The costs
of
drilling wells have not been determined at this time. In any case, we will
make
every attempt to see that the well are drilled in such areas with our best
estimate of making the best return on investment for us and our
partners.
The
turnkey drilling contract represents the cost of drilling and completion. If,
in
our sole opinion, a well should not be completed because it will not produce
sufficient oil or gas to return a profit, then we would not anticipate expending
the completion funds for such well.
It
is
currently anticipated that any wells to be drilled by us will be drilled within
the geographical area or areas selected by us. However, once selected, if
subsequent engineering evaluation indicates a more favorable location, we
reserve the right to move the drill site or sites, as the case may be, to such
location or locations, as the case may be. Any substituted well location or
drill site would compare favorably with the general character of the site
previously selected regarding degree of risk, drilling depth and cost.
Furthermore, it is expected, though not necessarily required, that any such
substituted well location or drill site will be in the same general area as
the
site specified herein.
In
addition, we would reserve the right to unitize or pool all of the wells in
the
selected geographical area into a common production pool or unit. In such event,
the owners of the wells, which may include non-partnership investors of ours,
will share in the revenue on a pro-rata basis.
We
expect
to participate in joint ventures with other entities in the development of
some
prospects. We will have the sole discretion in determining which prospects
will
be suitable for joint venture participation. In each such joint venture project,
any such partnership would receive its pro rata portion of the 100% working
interest and would be responsible for its pro rata share of costs and
expenses.
Also,
we
may seek, investigate, and, if warranted, acquire one or more oil or gas
properties. The acquisition of a business opportunity may be made by purchase,
merger, exchange of stock, or otherwise, and may encompass assets or a business
entity, such as a corporation, joint venture, or partnership. We have very
limited capital, and it is unlikely that we will be able to take advantage
of
more than one such business opportunity. We intend to seek opportunities
demonstrating the potential of long-term growth as opposed to short-term
earnings.
At
the
present time we have not identified any additional oil or gas business
opportunity that we plan to pursue, nor have we reached any agreement or
definitive understanding with any person concerning any business matter. No
assurance can be given that we will be successful in finding or acquiring a
desirable business opportunity, or that any acquisition that occurs will be
on
terms that are favorable to us or our stockholders.
Our
plan
of operations for the remainder of the fiscal year is to continue to carry
out
our plan of business discussed above. This includes seeking to complete a merger
or acquisition transaction for oil or gas properties.
LIQUIDITY
AND CAPITAL RESOURCES
As
of
March 31, 2007, we had a total of $3,092 in cash. As of March 31, 2006, we
had
$9,260 in cash.
Our
management feels we have inadequate working capital to pursue any business
opportunities other than seeking leases for acquisition and partnership with
third parties. We will have negligible capital requirements prior to the
consummation of any such acquisition. We so not intend to pay dividends in
the
foreseeable future.
We
will
not be required to raise additional funds, nor will our shareholders be required
to advance funds in order to pay our current liabilities and to satisfy our
cash
requirements for the next twelve months.
Item
3. Controls and Procedures
Within
the 90 days prior to the date of this Quarterly Report on Form 10-QSB, we
evaluated the effectiveness of the design and operation of our disclosure
controls and procedures and our internal controls and procedures for financial
reporting. This evaluation was done under the supervision and with the
participation of our management, including the President and the Chief Financial
Officer. In accordance with SEC requirements, the President and Chief Financial
Officer note that, since the date of the evaluation to the date of this
Quarterly Report, there have been no significant changes in internal controls
or
in other factors that could significantly affect internal controls, including
any corrective actions with regard to significant deficiencies and material
weaknesses. Based upon our evaluation, the President and Chief Financial Officer
have concluded that our disclosure controls are effective to ensure that
material information relating to us is made known to management, including
the
President and Chief Financial Officer, particularly during the period when
our
periodic reports are being prepared, and that our internal controls are
effective to provide reasonable assurance that our financial statements are
fairly presented in conformity with generally accepted accounting
principles.
BOULDER
CAPITAL OPPORTUNITIES II, INC.
(AN
EXPLORATION STAGE COMPANY)
FINANCIAL
STATEMENTS
THREE-MONTHS
ENDED MARCH 31, 2007
(UNAUDITED)
BOULDER
CAPITAL OPPORTUNITIES II, INC.
(An
Exploration Stage Company)
Balance
Sheets
|
|
Unaudited
|
|
Audited
|
|
|
|
March
31,
|
|
December
31,
|
|
|
|
2007
|
|
2006
|
|
Current
Assets:
|
|
|
|
|
|
Cash
|
|
$
|
3,092
|
|
$
|
9,260
|
|
|
|
|
|
|
|
|
|
Other
Assets:
|
|
|
|
|
|
|
|
Rent
Deposit
|
|
|
2,500
|
|
|
2,500
|
|
Purchase
of
Oil Leases
|
|
|
20,000
|
|
|
20,000
|
|
Total
Other Assets
|
|
|
22,500
|
|
|
22,500
|
|
|
|
|
|
|
|
|
|
TOTAL
ASSETS
|
|
$
|
25,592
|
|
$
|
31,760
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
STOCKHOLDERS’
EQUITY
|
|
|
|
|
|
|
|
Stockholders’
Equity:
|
|
|
|
|
|
|
|
Preferred
stock, no par value, 10,000,000 shares
|
|
|
|
|
|
|
|
authorized, none issued or outstanding
|
|
|
|
|
|
|
|
common stock, no par value, 100,000,000 shares
|
|
|
|
|
|
|
|
authorized, 3,215,537 issued and outstanding
|
|
|
234,384
|
|
|
234,384
|
|
Deficit
accumulated during the exploration stage
|
|
|
(208,792
|
)
|
|
(202,624
|
)
|
Total
Stockholders’ Equity
|
|
|
25,592
|
|
|
31,760
|
|
|
|
|
|
|
|
|
|
TOTAL
STOCKHOLDERS’ EQUITY
|
|
$
|
25,592
|
|
$
|
31,760
|
|
|
|
|
|
|
|
|
|
The
accompanying notes are an integral part of these financial
statements.
BOULDER
CAPITAL OPPORTUNITIES II, INC.
(An
Exploration Stage Company)
Statements
of Operations
|
|
(Unaudited)
|
|
August
6, 1996
|
|
|
|
Three-Months
Ended
|
|
Inception
to
|
|
|
|
March
31,
|
|
March
31,
|
|
|
|
2007
|
|
2006
|
|
2007
|
|
|
|
|
|
|
|
|
|
Revenue:
|
|
|
|
|
|
|
|
Rental
Income
|
|
$
|
-
|
|
$
|
-
|
|
$
|
5,000
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
Income
|
|
|
-
|
|
|
-
|
|
|
5,000
|
|
|
|
|
|
|
|
|
|
|
|
|
Costs
and Expenses:
|
|
|
|
|
|
|
|
|
|
|
Amortization
|
|
|
-
|
|
|
-
|
|
|
28,400
|
|
Professional
Fees
|
|
|
5,822
|
|
|
11,270
|
|
|
125,921
|
|
Other
Expenses
|
|
|
346_
|
|
|
8,198
|
|
|
59,547
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
Operating Expenses
|
|
|
6,168
|
|
|
19,468
|
|
|
213,868
|
|
|
|
|
|
|
|
|
|
|
|
|
Other
Income and Expenses:
|
|
|
|
|
|
|
|
|
|
|
Interest
Income
|
|
|
-
|
|
|
-
|
|
|
76
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
Other Income & Expenses
|
|
|
-
|
|
|
-
|
|
|
76
|
|
Net
Loss
|
|
$
|
(6,168
|
)
|
$
|
(19,468
|
)
|
$
|
(208,792
|
)
|
|
|
|
|
|
|
|
|
|
|
|
Per
Share Information:
|
|
|
|
|
|
|
|
|
|
|
Weighted
average number
|
|
|
|
|
|
|
|
|
|
|
of common shares outstanding
|
|
|
3,031,423
|
|
|
3,031,423
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net
Loss per common share
|
|
$
|
(.002
|
)
|
$
|
(.008
|
)
|
|
|
|
The
accompanying notes are an integral part of these financial
statements.
BOULDER
CAPITAL OPPORTUNITIES II, INC.
(An
Exploration Stage Company)
Stockholders’
Equity
(Unaudited)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Deficit
|
|
|
|
|
|
|
|
|
|
|
|
Accum.
|
|
|
|
|
|
COMMON
STOCK
|
|
|
|
During
|
|
Total
|
|
|
|
|
|
|
|
Stocks
to
|
|
Exploration
|
|
Stockholders’
|
|
|
|
#
of Shares
|
|
Amount
|
|
Be
Issued
|
|
Stage
|
|
Equity
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance
- August 8, 1996
|
|
|
-
|
|
$
|
-
|
|
|
-
|
|
$
|
-
|
|
$
|
-
|
|
Issuance
of stock for compensation
|
|
|
710,000
|
|
|
28,400
|
|
|
-
|
|
|
-
|
|
|
28,400
|
|
Issuance
of stock for cash
|
|
|
100,000
|
|
|
4,000
|
|
|
-
|
|
|
-
|
|
|
4,000
|
|
Issuance
of stock for cash
|
|
|
200,000
|
|
|
8,000
|
|
|
-
|
|
|
-
|
|
|
8,000
|
|
Net
Loss for Period
|
|
|
-
|
|
|
-
|
|
|
-
|
|
|
(6,448
|
)
|
|
(6,448
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance
- August 31, 1996
|
|
|
1,010,000
|
|
|
40,400
|
|
|
-
|
|
|
(6,448
|
)
|
|
33,952
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Issuance
of stock for compensation
|
|
|
20,200
|
|
|
20,200
|
|
|
-
|
|
|
-
|
|
|
20,200
|
|
Net
Loss for the Year
|
|
|
-
|
|
|
-
|
|
|
-
|
|
|
(32,493
|
)
|
|
(32,493
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance
- August 31, 1997
|
|
|
1,030,200
|
|
|
60,600
|
|
|
-
|
|
|
(38,941
|
)
|
|
21,659
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Additional
paid-in capital
|
|
|
-
|
|
|
5,564
|
|
|
-
|
|
|
-
|
|
|
5,564
|
|
Net
Loss for the Year
|
|
|
-
|
|
|
-
|
|
|
-
|
|
|
(12,792
|
)
|
|
(12,792
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance
- December 31, 1998
|
|
|
1,030,200
|
|
|
66,164
|
|
|
-
|
|
|
(51,733
|
)
|
|
14,431
|
|
Net
Loss for the Year
|
|
|
-
|
|
|
-
|
|
|
-
|
|
|
(17,940
|
)
|
|
(17,940
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance
- December 31, 1999
|
|
|
1,030,000
|
|
|
66,164
|
|
|
-
|
|
|
(69,673
|
)
|
|
(3,509
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Issuance
of stock for compensation
|
|
|
1,200,000
|
|
|
48,000
|
|
|
-
|
|
|
-
|
|
|
48,000
|
|
Net
Loss for the Year
|
|
|
-
|
|
|
-
|
|
|
-
|
|
|
(48,000
|
)
|
|
(48,000
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance
- December 31, 2000
|
|
|
2,230,200
|
|
|
114,164
|
|
|
-
|
|
|
(117,673
|
)
|
|
(3,509
|
)
|
Net
Loss for the Year
|
|
|
-
|
|
|
-
|
|
|
-
|
|
|
-
|
|
|
-
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance
- December 31, 2001
|
|
|
2,230,200
|
|
|
114,164
|
|
|
-
|
|
|
(117,673
|
)
|
|
(3,509
|
)
|
Net
Loss for the Year
|
|
|
-
-
|
|
|
-
|
|
|
-
|
|
|
-
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance
- December 31, 2002
|
|
|
2,230,200
|
|
|
114,164
|
|
|
-
|
|
|
(117,673
|
)
|
|
(3,509
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net
Loss for the Year
|
|
|
-
|
|
|
-
|
|
|
-
|
|
|
(8,700
|
)
|
|
(8,700
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance
- December 31, 2003
|
|
|
2,230,200
|
|
|
114,164
|
|
|
-
|
|
|
(126,373
|
)
|
|
(12,209
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net
Loss for the Year
|
|
|
-
|
|
|
-
|
|
|
-
|
|
|
(13,865
|
)
|
|
(13,865
|
)
|
Balance
- December 31, 2004
|
|
|
2,230,200
|
|
|
114,164
|
|
|
-
|
|
|
(140,238
|
)
|
|
(26,074
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Stock
issued for cash
|
|
|
200,000
|
|
|
30,000
|
|
|
-
|
|
|
-
|
|
|
30,000
|
|
Stocks
to be issued
|
|
|
-
|
|
|
-
|
|
|
85,200
|
|
|
-
|
|
|
85,200
|
|
Net
Loss for the Year
|
|
|
-
|
|
|
-
|
|
|
-
|
|
|
(29,442
|
)
|
|
(29,442
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance
- December 31, 2005
|
|
|
2,430,200
|
|
|
144,164
|
|
|
85,200
|
|
|
(169,680
|
)
|
|
59,684
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Stock
issued for services
|
|
|
752,003
|
|
|
85,220
|
|
|
(85,200
|
)
|
|
-
|
|
|
20
|
|
Issuance
of stock for cash
|
|
|
33,334
|
|
|
5,000
|
|
|
-
|
|
|
5,000
|
|
|
|
|
Net
Loss for the Year
|
|
|
-
|
|
|
-
|
|
|
-
|
|
|
(32,944
|
)
|
|
(32,944
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance
- December 31, 2006
|
|
|
3,215,537
|
|
|
234,384
|
|
|
-
|
|
|
(202,624
|
)
|
|
31,760
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net
Loss for the Period
|
|
|
-
|
|
|
-
|
|
|
-
|
|
|
(6,168
|
)
|
|
(6,168
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance
- March 31, 2007
|
|
|
3,215,537
|
|
|
234,384
|
|
|
85,200
|
|
|
(208,792
|
)
|
|
25,592
|
|
The
accompanying notes are an integral part of these financial
statements.
BOULDER
CAPITAL OPPORTUNITIES II, INC.
(An
Exploration Stage Company)
Statements
of Cash Flow
(Unaudited)
|
|
Three-Month
Ended
|
|
August
6, 1996
|
|
|
|
March
31,
|
|
Inception
to
|
|
|
|
2007
|
|
2006
|
|
March
31, 2007
|
|
|
|
|
|
|
|
|
|
Cash
Flows from Operating Activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net
Loss
|
|
$
|
(6,168
|
)
|
$
|
(32,944
|
)
|
|
(208,792
|
)
|
|
|
|
|
|
|
|
|
|
|
|
Amortization
|
|
|
-
|
|
|
-
|
|
|
28,400
|
|
Adjustment
to reconcile net loss to net
|
|
|
|
|
|
|
|
|
|
|
cash
provided by operating activities
|
|
|
-
|
|
|
-
|
|
|
(2,500
|
)
|
Stock
issued for services
|
|
|
-
|
|
|
20
|
|
|
96,620
|
|
|
|
|
|
|
|
|
|
|
|
|
Net
Cash Used in Operating Activities
|
|
|
(6.168
|
)
|
|
(32,924
|
)
|
|
(86,272
|
)
|
|
|
|
|
|
|
|
|
|
|
|
Cash
Flows from Investing Activities:
|
|
|
|
|
|
|
|
|
|
|
Acquisition
of Oil Leases
|
|
|
-
|
|
|
-
|
|
|
(20,000
|
)
|
Acquisition
of Organizational services
|
|
|
-
|
|
|
-
|
|
|
(28,400
|
)
|
|
|
|
|
|
|
|
|
|
|
|
Net
Cash used in Investing Activities
|
|
|
-
|
|
|
-
|
|
|
(48,400
|
)
|
|
|
|
|
|
|
|
|
|
|
|
Cash
Flows from Financing Activities:
|
|
|
|
|
|
|
|
|
|
|
Stocks
to be issued
|
|
|
-
|
|
|
-
|
|
|
85,200
|
|
Issuance
of stock
|
|
|
-
|
|
|
5,000
|
|
|
52,564
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net
Cash Provided by Financing Activities
|
|
|
-
|
|
|
5,000
|
|
|
137,764
|
|
|
|
|
|
|
|
|
|
|
|
|
Net
Increase in Cash & Cash Equivalents
|
|
|
(6,168
|
)
|
|
(27,924
|
)
|
|
3,092
|
|
|
|
|
|
|
|
|
|
|
|
|
Beginning
Cash & Cash Equivalents
|
|
$
|
9,260
|
|
$
|
37,184
|
|
$
|
-
|
|
|
|
|
|
|
|
|
|
|
|
|
Ending
Cash & Cash Equivalents
|
|
$
|
3,092
|
|
$
|
9,,260
|
|
$
|
3,092
|
|
|
|
|
|
|
|
|
|
|
|
|
SUPPLEMENTAL
DISCLOSURE OF CASH INFORMATION
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash
paid for Interest
|
|
$
|
-
|
|
$
|
-
|
|
$
|
-
|
|
Cash
paid for Income Taxes
|
|
$
|
-
|
|
$
|
-
|
|
$
|
-
|
|
|
|
|
|
|
|
|
|
|
|
|
NON-CASH
TRANSACTIONS
|
|
|
|
|
|
|
|
|
|
|
Common
stock issued for compensation
|
|
$
|
-
|
|
$
|
-
|
|
$
|
96,620
|
|
The
accompanying notes are an integral part of these financial
statements.
BOULDER
CAPITAL OPPORTUNITIES II, INC.
(An
Exploration Stage Company)
Notes
to
Financial Statements
March
31,
2007
(Unaudited)
Note
1 -
Presentation
of Interim Information:
In
the
opinion of the management of Boulder Capital Opportunities II, Inc. the
accompanying unaudited financial statements include all normal adjustments
considered necessary to present fairly the financial position as of March 31,
2007 and the results of operations for the three-months ended March 31,2007
and
2006 and the period August 6, 1996 (inception) to March 31, 2007, and the
related cash flows for the three-months ended March 31, 2007 and 2006 and the
period August 6, 1996 (inception) to March 31, 2007. Interim results are not
necessarily indicative of results for a full year.
The
financial statements and notes are presented as permitted by Form 10-QSB and
do
not contain certain information included in the Company’s audited financial
statements and notes for the fiscal year ended December 31,
2006.
PART
II--OTHER INFORMATION
Item
1. Legal Proceedings.
None
Item
2. Changes in Securities.
None
Item
3. Defaults Upon Senior Securities.
None
Item
4. Submission of Matters to a Vote of Security Holders.
None
Item
5. Other Information.
None
Item
6. Exhibits and Reports on Form 8-K.
(a) Exhibits
31.1 Certification
of CEO and CFO pursuant to Sec. 302
32.1 Certification
of CEO and CFO pursuant to Sec. 906
(b) Reports
on Form 8-K
No
reports on Form 8-K were filed during the quarter for which this report is
filed.
SIGNATURES
In
accordance with 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.
|
|
|
|
|
|
|
BOULDER
CAPITAL OPPORTUNITIES, II, INC.
|
Date: May
14, 2007
|
By:
|
/s/ Michael
Delaney
|
|
Director,
Principal Executive Officer,
and
Principal Financial Officer
|