KELYNIAM GLOBAL, INC

FORM 10-QSB QUARTERLY REPORT

FOR THE QUARTERLY Period ended March 31, 2008

TABLE OF CONTENTS

		Page

PART I	FINANCIAL INFORMATION	3

Item 1.	Financial Statements	3
Item 2.	Management's Discussion and Analysis of Financial Conditions and Results of Operations	4
Item 3.	Controls and Procedures	6

PART II	OTHER INFORMATION	6

Item 1.	Legal Proceedings	6
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	7
Item 3.	Defaults upon Senior Securities	7
Item 4.	Submission of Matters to a Vote of Security Holders	7
Item 5.	Other Information	7
Item 6.	Exhibits	8
	Signatures	8

PART I – FINANCIAL INFORMATION

ITEM 1. FINANCIAL STATEMENTS

The accompanying unaudited interim financial statements have been prepared in accordance with generally accepted accounting principles for interim financial reporting and pursuant to the rules and regulations of the Securities and Exchange Commission ("Commission"). While these statements reflect all normal recurring adjustments which are, in the opinion of management, necessary for fair presentation of the results of the interim period, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. For further information, refer to the Company’s 2007 Audited Annual Report, Form 10-KSB, filed with the Commission on March 11, 2008 for its critical accounting policies. The results of operations for the three months ended March 31, 2008 are not necessarily indicative of the operating results for the full year.

KELYNIAM GLOBAL, INC.

(A Development Stage Company, Date of Inception December 30, 2005)

FINANCIAL STATEMENTS

(UNAUDITED)

March 31, 2008

KELYNIAM GLOBAL, INC.

INDEX TO FINANCIAL STATEMENTS

	Page

Balance Sheets (unaudited)	F-1

Statements of Operations and Comprehensive Loss (unaudited)	F-2

Statements of Cash Flows (unaudited)	F-3

Notes to Financial Statements (unaudited)	F-4 to F-6

KELYNIAM GLOBAL, INC.

(A Development Stage Company, Date of Inception December 30, 2005)

BALANCE SHEETS (unaudited)

As of March 31, 2008 and December 31, 2007

	March 31, 2008 (Unaudited)	December 31, 2007 (Audited)
ASSETS

CURRENT ASSETS
Cash and cash equivalents	$ 8,420	$ 8,533
Accounts receivable	1,050	1,200

Total Current Assets	9,470	9,733

Fixed assets, net of accumulated depreciation of $26,128, and $22,203 respectively	53,494	56,844

Other assets	486	1,162

TOTAL ASSETS	$ 63,450	$ 67,739

LIABILITIES AND SHAREHOLDERS’ DEFICIT

CURRENT LIABILITIES
Current portion of notes payable	$ 7,833	$ 7,719
Accounts payable and accrued expenses	96,354	85,267
Loans payable – related parties	19,860	23,766

Total Current Liabilities	124,047	116,752

Notes payable, net of current portion	21,227	23,176

TOTAL LIABILITIES	145,274	139,928

SHAREHOLDERS’ DEFICIT
Common stock, $.001 Par Value, 10,000,000 shares authorized
9,761,300 and 9,513,800 shares issued and outstanding respectively	9,761	9,513
Additional paid-in capital	195,438	146,186
Retained deficit	( 287,023)	( 227,888)

TOTAL SHAREHOLDERS’ DEFICIT	( 81,824)	( 72,189)

TOTAL LIABILITIES AND SHAREHOLDERS’ DEFICIT	$ 63,450	$ 67,739

The accompanying notes are an integral part of the financial statements.

F-1

KELYNIAM GLOBAL, INC.

(A Development Stage Company)

STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (unaudited)

For the three months ended March 31, 2008, and 2007 and for the Period

From Inception (December 30, 2005) to March 31, 2008

	Three Months Ended March 31,		From Inception Through March 31,
	2008	2007	2008

OPERATING REVENUES
Revenues	$ 5,450	$ 24,456	$ 121,267

OPERATING EXPENSES
General and administrative expenses	46,356	12,933	250,476
Professional fees	17,050	10,430	111,938

Total operating expenses	63,406	23,363	362,414

Operating income (loss)	( 57,956)	1,093	( 241,147)

OTHER INCOME (EXPENSE)
Interest expense (net)	(1,179)	( 579)	( 6,407)
Loss on sale of securities	--	--	( 39,469)
Total other income (expense)	(1,179)