SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

(Mark One)

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

For the quarterly period ended September 30, 2008

OR

o TRANSITION REPORT UNDER SECTION 13 OF 15(d) OF THE EXCHANGE ACT OF 1934

From the transition period from ____________ to ___________.

Commission File Number 000-26493

EXTENSIONS, INC.

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

Nevada	88-0390251
(State or other jurisdiction of incorporation or organization)	(IRS Employer Identification No.)

770 South Post Oak Lane, Suite 330, Houston, TX 77056

 (Address of principal executive offices)

(832) 487- 8689

(Issuer's telephone number)

N/A

(Former name, former address and former fiscal year, if changed since last report)

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company.

Large accelerated filer	o	Non-accelerated Filer	o
Accelerated Filer	o	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 o No x

Indicate by check mark whether the registrant (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   o No x

Class	Shares Outstanding	Date
Common, $.001 par value	94,480,997	November 14, 2008

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EXTENSIONS, INC.

INDEX

	Page Number
PART I - FINANCIAL INFORMATION	3
Item 1.   Financial Statements	3
Condensed Balance Sheets – September 30, 2008 (unaudited) and December 31, 2007	3
Condensed Statements of Operations – (unaudited) - For the three and nine months ended  September 30, 2008 and 2007 and for the period from inception (February 19, 1997) to September 30, 2008	4
Condensed Statements of Cash Flows – (unaudited) - For the nine months ended  September 30, 2008 and 2007 and for the period from inception (February 19, 1997) to September 30, 2008	5
Notes to unaudited Condensed Financial Statements	6
Item 2.   Management's Discussion and Analysis of Financial Condition and Results of Operations	8
Item 3.   Quantitative and Qualitative Disclosures About Market Risks	8
Item 4.   Controls and Procedures	8
PART II - OTHER INFORMATION	10
Item 1.   Legal Proceedings	10
Item 2.   Unregistered Sales of Equity Securities and Use of Proceeds	10
Item 3.   Defaults Upon Senior Securities	10
Item 4.   Submission of Matters to a Vote of Security Holders	10
Item 5.   Other Information	10
Item 6.   Exhibits	11
31.1    Certification Pursuant to 18 USC, Section 1350 as adopted Pursuant to Section 302 of the Sarbanes Oxley Act of 2002
32.1    Certification Pursuant to 18 USC Section 1350 as adopted Pursuant to Section 906 of the Sarbanes Oxley Act of 2002

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PART I - FINANCIAL INFORMATION

ITEM 1.  FINANCIAL STATEMENTS

EXTENSIONS, INC.
(A Development Stage Company)
Balance Sheets
(Unaudited)
Assets
	September 30,			December 31,
	2008			2007
Current Assets
Cash	$	3,855		$	20,976
Marketable Securities		-			-
Total Current Assets		3,855		$	20,976
Intangible Assets		100,000			-
Total Assets	$	103,855		$	20,976
Liabilities & Stockholders' Equity
Current Liabilities
Accounts Payable	$	70,254			-
Total Current Liabilities		70,254			-
Notes payable		10,000			-
Total Liabilities		80,254			-
Stockholders' Equity
Authorized shares  1,000,000,000
$0.001 par value: 94,380,997 and 62,874,853 shares outstanding
at September 30, 2008 and December 31, 2007, respectively		94,381			62,875
Additional Paid-in Capital		227,201			95,063
Deficit Accumulated During Development Stage		(297,981	)		(136,962	)
Total Stockholders' Equity		23,601			20,976
Total Liabilities and Stockholders' Equity	$	103,855		$	20,976
See accompanying notes to financial statements

3

EXTENSIONS, INC.
(A Development Stage Company)
Statements of Loss
(Unaudited)
										From
										Inception
										(February 19,
										1997)
	For the Three Months Ended					For the Nine Months Ended				Through
	September 30,					September 30,				September 30,
	2008			2007		2008		2007		2008
REVENUES	$	0		$	0	$	0	$	0	$	0
EXPENSES
Administrative Expenses		38,341			50,000		87,719		50,000		163,428
Impairment Loss							50,000		17,500		111,253
Loss (gain) on Sale of Marketable Securities		(483	)				23,300				23,300
Total Expenses		37,858			50,000		161,019		67,500		297,981
NET LOSS	$	37,858		$	50,000	$	161,019	$	67,500	$	297,981
(LOSS) PER SHARE	$	0.0004		$	0.002	$	0.002	$	0.01
WEIGHTED AVERAGE SHARES OUTSTANDING		94,374,853			24,278,644		94,374,853		8,221,693
See accompanying notes to financial statements

4

EXTENSIONS, INC.
(A Development Stage Company)
Statements of Cash Flow
(Unaudited)
							From
							Inception
							(February 19,
							1997)
	For the Nine Months Ended						Through
	September 30,						September 30,
	2008			2007			2008
CASH FLOWS FROM OPERATIONS
Net Income (loss)	$	(161,019	)	$	(67,500	)	$	(297,981	)
Adjustments to reconcile net loss to
cash used in operating activities:
Non-cash expense - Impairment Loss		-			-			61,253
Increase in account payable		70,254			-			70,254
Net Cash Used by Operating Activities		(90,765	)		(67,500	)		(166,474	)
CASH FLOWS FROM INVESTING ACTIVITIES
Acquisition of intangible assets		(100,000	)					(161,253	)
Net cash used in investing activities		(100,000	)		-			(161,253	)
CASH FLOWS FROM FINANCING ACTIVITIES
Issuance of notes payable		10,000						10,000
Proceeds from issuance of common stock		163,644			67,500			-
Net cash provided from financing activities		173,644			67,500			10,000
Net increase (decrease) in cash		(17,121	)		-			(317,727	)
Cash at beginning of period		20,976			-			-
Cash at end of period	$	3,855		$	0		$	3,855
Supplemental cash flow information:
Stock issued for accounts payable		-			-			50,000
See accompanying notes to financial statements

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EXTENSIONS, INC.

(A Development Stage Company)

Notes to the Unaudited Condensed Financial Statements

September 30, 2008

General

The interim financial statements are prepared pursuant to the requirements for reporting on Form 10-Q.  The December 31, 2007 balance sheet data was derived from audited financial statements but does not include all disclosures required by generally accepted accounting principles.  The interim financial statements and notes thereto should be read in conjunction with the financial statements and notes included in the Company's Form 10-K for the year ended December 31, 2007.  In the opinion of management, the interim financial statements reflect all adjustments of a normal recurring nature necessary for a fair statement of the results for the interim periods presented.

NOTE 1 – NATURE OF OPERATIONS AND GOING CONCERN

The accompanying financial statements have been prepared on the basis of accounting principles applicable to a “going concern”, which assume that the Company will continue in operation for at least one year and will be able to realize its assets and discharge its liabilities in the normal course of operations.

Several conditions and events cast doubt about the Company’s ability to continue as a “going concern”.  The company  incurred indeterminate net losses prior to October 1, 2003, has a liquidity problem, and requires additional financing in order to finance its business activities on an ongoing basis.  The Company is actively pursuing alternative financing and has had discussions with various third parties, although no firm commitments have been obtained.  The Company’s future capital requirements will depend on numerous factors including, but not limited to, continued progress in finding a merger candidate and the pursuit of business opportunities.

These financial statements do not reflect adjustments that would be necessary if the Company were unable to continue as a “going concern”.  While management believes that the actions already taken or planned, will mitigate the adverse conditions and events which raise doubt about the validity of the “going concern” assumption used in preparing these financial  statements, there can be no assurance that these actions will be successful.  If the Company were unable to continue as a “going concern”, then substantial adjustments would be necessary to the carrying values of assets, the reported amounts of its liabilities, the reported revenues and expenses, and the balance sheet classifications used.

Organization and Basis of Presentation

The Company was incorporated under the laws of the State of Nevada on February 19, 1997 under the name of Millennium National Events, Inc. The Company’s name was changed in August 2007 to Extensions, Inc. The Company ceased all operating activities during the period from October 1, 2003 to December 31, 2005 and was considered dormant.  Since October 6, 2006, the Company has been in the development stage, and has not commenced planned principal operations.  The Company also was delinquent on its filing with the Secretary of State for Nevada and as a result was not a corporation in good standing until October 30, 2006.  The Company’s common shares are listed for trading on the Pink Sheets under the symbol EXTI.

Prior to approximately October 1, 2003, Millennium National Events, Inc. was an operating Company with its common shares listed for trading on the OTCBB market.  The Company failed to remain current on its SEC filing requirements and as a result was demoted to the Pink Sheets.    Subsequently, the Company ceased all business operations and has been dormant since approximately October 1, 2003.  During the same period, all the Company’s officers and directors ceased acting on behalf of the Company and abandoned their obligations to the Company and its shareholders.  As a result, the Company was considered to be dormant from October 1, 2003 to December 31, 2005.

On August 18, 2006, a complaint was filed in the Superior Court for Washoe County, Nevada seeking the appointment for custodian for the Company under Nevada Revised Statutes 78.347(2).  On October 6, 2006, a Custodian was appointed to the Company who commenced an investigation of the assets, management, business, condition and liabilities of the Company.

As a result of the investigation by the Custodian, a report was prepared and filed with the Court, finding that there were no apparent assets, liabilities, or business of the Company existing  or enforceable, that there were 27,300,000 common shares and no preferred shares issued and outstanding and that the Company was in revoked status under Nevada law.  The accompanying financial statements were prepared on the basis of that investigation, as approved by the Court.

In the event that any liabilities, liens, judgments, warrants, options, or other claims against the Company arise, these will be recorded when discovered.

Nature of Business

The Company is developing several social support networks developed off an intellectual property platform including the Company’s cancer social support network which will be an interactive online community dedicated to serving the specific needs of cancer patients, and their family, friends and caregivers.  The site when completed will allow cancer patients the ability to research their disease and assist in finding, organizing and managing their own cancer support network.  The goal of these support networks is to assist the cancer patient in conserving needed energy by lightening the burden associated with their own daily trials and tribulations, with the hope that the energy conserved can be leveraged into a higher level of patient activity and a stronger determination to fight the disease.  The primary components of the Company’s cancer social support network will be content, community, and Micro Support Networks, (MSN’s) each of which serves as a gateway and complementary resource to the other.

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EXTENSIONS, INC.

(A Development Stage Company)

Notes to the Unaudited Condensed Financial Statements

September 30, 2008

NOTE 2 – SUMMARY OF ACCOUNTING POLICIES

This summary of accounting policies for Extensions, Inc. (a development stage Company) is presented to assist in understanding the Company’s financial statements.  The accounting policies conform to generally accepted accounting principles and have been consistently applied in the preparation of the financial statements.

Cash and Cash Equivalents

For purposes of the statement of cash flows, the Company considers all highly liquid debt instruments purchased with a maturity of three months or less to be cash equivalents to the extent the funds are not being held for investment purposes.

Pervasiveness of Estimates

The preparation of financial statements in conformity with generally accepted accounting principles required management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period.  Actual results could differ from those estimates.

Loss Per Share

Basic loss per share has been computed by dividing the loss for the year applicable to the common stockholders by the weighted average number of common shares outstanding during the years.

Concentration of Credit Risk

The Company has no significant off-balance sheet concentrations of credit risk such as foreign exchange contracts, options contracts or other foreign hedging arrangements.

NOTE 3 – INCOME TAXES

The Company accounts for income taxes under the provisions of SFAS No. 109, “Accounting for Income Taxes”. SFAS No. 109 requires recognition of deferred income tax assets and liabilities for the expected future income tax consequences, based on enacted tax laws, of temporary differences between the financial reporting and tax bases of assets and liabilities.

NOTE 4 – DEVELOPMENT STAGE COMPANY

The Company has not begun principal operations and as is common with a development stage Company, the Company has had recurring losses during its development stage.  The Company’s financial statements are prepared using generally accepted accounting principals applicable to a going concern which contemplates the realization of assets and liquidation of liabilities in the normal course of business.  However, the Company does not have significant cash or other material assets, nor does it have an established source of revenues sufficient to cover its operating costs and to allow it to continue as a going concern.  In the interim, shareholders of the Company have committed to meeting its minimal operating expenses.

NOTE 5 – COMMITMENTS

As of January 1, 2006 all activities of the Company have been conducted by corporate officers from either their homes or business offices.  Currently, there are no outstanding debts owed by the Company for the use of these facilities and there are no commitments for future use of the facilities.

NOTE 6 – COMMON STOCK

Prior to December 31, 2005, the Company issued 27,300,000 shares of common stock for cash and other consideration.

NOTE 7 – SUBSEQUENT EVENTS

On September 27, 2008 the board of directors approved the creation of the following wholly owned subsidiaries of Extensions, Inc.

Cancer.im, Inc.

Newswire.net, Inc

Litego, Inc, Inc

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

Material Changes in Result of Operations

None

Material Changes in Financial Condition, Liquidity and Capital Resources

There were no material changes in financial condition, liquidity and capital resources during the periods ended June 30, 2008 and 2007.

ITEM 3.  QUANTITIVE AND QUALITIVE DISCLOSURE ABOUT MARKET RISK

None

ITEM 4.  CONTROLS AND PROCEDURES

Evaluation of Disclosure Controls and Procedures

The Company maintains disclosure controls and procedures (as defined in the Securities Exchange Act of 1934 Rules 13a-15(e) or 15d-15(e)) designed to ensure that information required to be disclosed in reports filed or submitted under the Securities Exchange Act of 1934, as amended, is recorded, processed, summarized and reported within the time periods specified in the SEC's rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed by the Company in its reports that it files or submits under the Exchange Act is accumulated and communicated to the Company's management, including its principal executive and principal financial officers, or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure.

The Company's management, with the participation of its chief executive officer who at that time was also its chief financial officer, evaluated the effectiveness of the Company’s disclosure controls and procedures (as defined in the Securities Exchange Act of 1934 Rules 13a-15(e) or 15d-15(e)) as of December 31, 2007. Based on that evaluation, the Company's chief executive / financial concluded that, as of that date, the Company's disclosure controls and procedures, were not effective at a reasonable assurance level, due to the identification of a material weakness, as discussed further below under Management's Report on Internal Control over Financial Reporting.

Management's Report on Internal Control over Financial Reporting

Management of the Company is responsible for establishing and maintaining adequate internal control over financial reporting (as defined in Section 13a-15(f) of the Securities Exchange Act of 1934, as amended). Internal control over financial reporting is a process designed by, or under the supervision of, the Company's CEO and the Company’s CFO to provide reasonable assurance regarding the reliability of financial reporting and the preparation of the Company's financial statements for external reporting purposes in conformity with U.S. generally accepted accounting principles and include those policies and procedures that (i) pertain to the maintenance of records that in reasonable detail accurately and fairly reflect the transactions and disposition of the assets of the Company; (ii) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the Company are being made only in accordance with authorizations of management and directors of the Company; and (iii) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of the Company's assets that could have a material effect on the financial statements.

As of December 31, 2007, management conducted an assessment of the effectiveness of the Company's internal control over financial reporting based on the framework established in Internal Control—Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission (COSO). Based on the criteria established by COSO management concluded that the Company's internal control over financial reporting was not effective as of December 31, 2007, as a result of the identification of the material weakness described below.

8

ITEM 4.  CONTROLS AND PROCEDURES  - continued

A material weakness is a deficiency or combination of deficiencies in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the annual or interim financial statements will not be prevented or detected on a timely basis.

The Company’s management, including our chief executive officer who at that time was also chief financial officer, does not expect that the Company’s disclosure controls and procedures or the Company’s internal control over financial reporting will prevent or detect all errors and all fraud. A control system, no matter how well designed and operated, can provide only reasonable, not absolute, assurance that the control system's objectives will be 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 controls can provide absolute assurance that all control issues and instances of fraud, if any, within the Company have been detected. These inherent limitations include the realities that judgments in decision-making can be faulty, and that breakdowns can occur because of simple error or mistake. Controls can also be circumvented by the individual acts of some persons, by collusion of two or more people, or by management override of the controls. Over time, controls may become inadequate because of changes in conditions or deterioration in the degree of compliance with associated policies or procedures. Because of the inherent limitations in a cost-effective control system, misstatements due to error or fraud may occur and not be detected.

The Company's management has identified a material weakness in the effectiveness of internal control over financial reporting related to a shortage of resources in the accounting department required to close its books and records effectively at each reporting date, obtain the necessary information from operational departments and to complete the work necessary to file its financial reports timely.

This annual 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 Exchange Commission that permit  the Company to provide only management’s report in this annual report.

Management's Remediation Plan

Management determined that a material weakness existed due to a lack of an adequate number of personnel in the accounting department. Management is in the process of remediating the material weakness identified by hiring a sufficient number of resources to perform controls and to aid in the timeliness of the financial statement close process leading to the correct preparation, review, presentation of and disclosures in the Company’s consolidated statements. The Company has hired temporary contractors to help perform certain accounting functions, until management can employ a more permanent solution. The Company cannot assure that, as circumstances change, any additional material weakness will not be identified.

The Company believes that the Company’s disclosure controls and procedures, including the Company’s internal control over financial reporting, have improved since year-end due to the scrutiny of such matters by the Company’s management and a board of directors and the changes described above. The Company has hired certain resources in the accounting and finance departments and it will make additional changes in the future, as it deems necessaryThe Company cannot assure that, as circumstances change, any additional material weakness will not be identified.

Changes in Internal Control over Financial Reporting

Except as noted above, there were no changes in the Company’s internal control over financial reporting, as defined in Rules 13a-15(f) and 15d-15(f) under the Exchange Act, during the Company’s most recently completed fiscal year that have materially affected, or are reasonably likely to materially affect, the Company’s internal control over financial reporting.

9

PART II - OTHER INFORMATION

ITEM 1.  LEGAL PROCEDINGS

None

ITEM 2.  CHANGES IN SECURITIES

On September 26, 2008, the Company issued 6,144 shares of its common stock for payment of an invoice.

ITEM 3.  DEFAULTS UPON SENIOR SECURITIES

None

ITEM 4.  SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

None

ITEM 5.  OTHER INFORMATION

None

10

ITEM 6.  EXHIBITS

a)  Exhibits

EXHIBIT NO	DESCRIPTION
31.1	Certification Pursuant to 18 USC, Section 1350 as adopted Pursuant to Section 302 of the Sarbanes Oxley Act of 2002
31.2	Certification Pursuant to 18 USC, Section 1350 as adopted Pursuant to Section 302 of the Sarbanes Oxley Act of 2002
32.1	Certification Pursuant to 18 USC Section 1350 as adopted Pursuant to Section 906 of the Sarbanes Oxley Act of 2002
32.2	Certification Pursuant to 18 USC Section 1350 as adopted Pursuant to Section 906 of the Sarbanes Oxley Act of 2002

SIGNATURES

In accordance with the requirements of the Exchange Act, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	EXTENSIONS, INC.
Date: November 14, 2008	By:	/s/  Crawford Shaw
		Crawford Shaw
		Principal Executive Officer

11