UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 10-QSB

S QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the fiscal quarter ended: March 31, 2008

£ TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT

For the transition period from ________ to ________

Commission file number: 333-139685

Harcom Productions Inc.

(Name of small business issuer in its charter)

OKLAHOMA	73-1556790
(State or other jurisdiction of incorporation or organization)	(I.R.S. Employer Identification No.)

(918)  664-9933

(Issuer’s telephone number)

Indicate by check whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes S    No  £

Indicate by check mark whether the Registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes £  No S

The number of shares outstanding of the registrant’s common stock, par value $0.01 per share, as of April 29, 2008: 1,637,500 shares.

TABLE OF CONTENTS

PART I FINANCIAL INFORMATION

Item 1 Financial Statements F-1

Item 2 Management’s Discussion and Analysis of Financial

Condition and Results of Operations 3

Item 3 Controls and Procedures 5

PART II OTHER INFORMATION

Item 1 Legal Proceedings 6

Item 2 Unregistered Sales of Equity Securities and Use of Proceeds 6

Item 3 Defaults upon Senior Securities 6

Item 4 Submission of Matters to a Vote of Security Holders 6

Item 5 Other Information 6

Item 6 Exhibits 6

PART I: FINANCIAL INFORMATION

ITEM 1: UNAUDITED INTERIM FINANCIAL STATEMENTS

INDEX TO FINANCIAL STATEMENTS

	Page
Condensed Balance Sheet as of March 31, 2008	F-2
Condensed Statements of Operations for the three months ended March 31, 2008 and 2007	F-3
Condensed Statements of Cash Flows for the three months ended March 31, 2008 and 2007	F-4
Notes to Condensed Financial Statements	F-5

F-1

Harcom Productions, Inc.

Balance Sheet

March 31, 2008

(UNAUDITED)

ASSETS
Current Assets
		Cash & Cash Equivalents		$	11,619
		Accounts Receivable, net			54,714
Prepaid Expenses					2,972
	Total Current Assets				69,305
Other Assets
		Intangible Assets-Less Amortization			101,194
		Deposits			3,150
Total Other Assets					104,344
TOTAL ASSETS				$	173,649
LIABILITIES & STOCKHOLDERS' EQUITY
Current Liabilities
		Accounts Payable & Accrued Liabilities		$	50,191
		Due to related parties			113,733
		Note payable (Current)			8,219
Total Current Liabilities					172,143
Long Term Liabilities, net of current portion					147,391
Total Liabilities					319,534
Stockholders' Equity
		Common Stock, Shares Authorized 100,000,000
		Shares, Par Value $.01, Issued and Outstanding
		On March 31, 2008
		is 1,637,500 shares			16,375
		Additional Paid-In Capital			99,067
		Accumulated Deficit			(261,327)
		Total Stockholder’s Equity (Deficit)			(145,885)
TOTAL LIABILITIES AND EQUITY				$	173,649
			The accompanying notes are an integral part of the interim financial statements

F-2

Harcom Productions Inc.

Statements of Operations

(UNAUDITED)

				For the three months ended March 31, 2008		For the three months ended March 31, 2007
REVENUE
Shipped Products		$		76,318	$	139,153
Refund/Discounts of Services				(1,045)		(854)
Total Revenue				75,273		138,299
COST OF GOODS SOLD
Commission				17,840		13,158
Materials				13,854		27,174
Amortization Expense				4,137		4,137
Total Cost of Good Sold				35,831		44,469
Gross Profit				39,442		93,830
OPERATING EXPENSES
General & Administrative				25,112		17,948
Medical Insurance				423		2,293
Employee Compensation				58,090		55,285
Total Operating Expenses				83,625		75,526
OTHER EXPENSE
Interest Expense				2,988		7,160
NET INCOME/LOSS		$		(47,171)	$	11,144
Presentation of Net Income/(Loss)
	Net Income (Loss) before Income tax		(47,171)			11,144
	Provision for Income tax (Note 1)		0			0
	Net Income (Loss)	$		(47,171)	$	11,144
	Earnings (Loss) per Common share basic and
	fully Diluted	$		(0.01)	$	0.01
	Weighted average number of Common shares outstanding		1,637,500			1,487,500
The accompanying notes are an integral part of the interim financial statements

F-3

Harcom Productions Inc.

Statements of Cash Flows

(UNAUDITED)

					For the three months ended March 31, 2008		For the three months ended March 31, 2007
Operating Activities:
		Net Income (Loss)	$		(47,171)	$	11,144
		Adjustments to reconcile Net Income (Loss) to net
		cash used in operating activities:
		Amortization			4,137		4,137
		Accounts receivable			1,314		4,753
		Accounts Payable and Accrued Liabilities			8,075		(5,432)
		Prepaid expenses			(1,500)		(1,512)
Net Cash (Used) Provided By Operating Activities					(35,145)		13,090
Investment Activities					0		0
Financing Activities
		Note Payable (Current)			133		(1,849)
		Due to Related Party			41,833		(3,589)
Net cash provided by financing activities					41,966		(5,438)
Net Change in Cash					6,821		7,652
Cash, Beginning of Period					4,798		(568)
Cash, End of Period				$	11,619	$	7,084
Non Cash Activities					0		0
	Supplemental Information
	Interest Paid			$	2,988	$	7,160
	Income Taxes Paid				0		0
	The accompanying notes are an integral part of the interim financial statements

F-4

Harcom Productions Inc.

Notes to Financial Statements

For The Three Months Ended March 31, 2008

Note 1 – Summary of Significant Accounting Policies

Organization and Nature of Operations

Harcom Productions, Inc. was incorporated in 1999 in the state of Oklahoma.  The Company’s headquarters are located in Tulsa, Oklahoma.  In early 1999, the Company executed a Purchase Agreement to acquire the operating and intangible assets of an existing production company from a related party.  As such, the Company has since operated as a production company specializing in on hold messaging for all types of companies.

Cash and Cash Equivalents

The Company considers highly liquid investments (those readily convertible to cash) purchased with original maturity dates of three months or less to be cash equivalents.

Income Taxes

In 2006 The Company was treated as a partnership for federal income tax purposes.  Consequently, federal income taxes were not payable by the Company.  Members were taxed individually on their shares of the Company’s earnings.  The Company’s net income or loss was allocated among the members in accordance with the regulations of the Company.

In 2007 The Company had completed its conversion to a C-Corporation under the laws of the state of Oklahoma. Income taxes are provided for the tax effects of transactions reported in the financial statements and consist of taxes currently due.  Income taxes are accounted for in accordance with SFAS No. 109, "Accounting for Income Taxes" ("SFAS 109"). Under SFAS No. 109 income taxes are recognized for the following: i) amount of taxes payable for the current year, and ii) deferred tax assets and liabilities for the future tax consequences of events that have been recognized differently in the financial statements than for tax purposes. Deferred tax assets and liabilities are established using statutory tax rates and are adjusted for tax rate changes. SFAS 109 also requires that deferred tax assets be reduced by a valuation allowance if it is more likely than not that some portion or all of the deferred tax assets will not be realized.

Allowance for Doubtful Accounts

It is the Company's policy to provide an allowance for doubtful accounts when it believes there is a potential for non-collectability.  As of March 31, 2008, the Company’s allowance for doubtful accounts totaled $5,335 based upon management’s analysis of possible bad debts.  This analysis was based on a two year study of bad debt as it relates to Receivables.

Revenue Recognition

Costs of Goods Sold costs include all direct equipment, material, shipping costs and those indirect costs related to contract performance, such as indirect labor. Selling, general and administrative costs are charged to expense as incurred.  Changes in contract performance, contract conditions, and estimated profitability that may result in revisions to costs and income are recognized in the period in which the revisions are determined.

F-5

For revenue from product sales, the Company recognizes revenue in accordance with Staff Accounting Bulletin ("SAB") No. 104, "Revenue Recognition," which superseded SAB No. 101, "Revenue Recognition in Financial Statements." SAB No. 101 requires that four basic criteria must be met before revenue can be recognized: (1) persuasive evidence of an arrangement exists; (2) delivery has occurred; (3) the selling price is fixed and determinable; and (4) collectability is reasonably assured. Determination of criteria (3) and (4) are based on management's judgments regarding the fixed nature of the selling prices of the products delivered and the collectability of those amounts. Provisions for discounts and rebates to customers, estimated returns and allowances, and other adjustments are provided for in the same period the related sales are recorded. The Company defers any revenue for which the product has not been delivered or is subject to refund until such time that the Company and the customer jointly determine that the product has been delivered or no refund will be required. SAB No. 104 incorporates Emerging Issues Task Force ("EITF") No. 00-21, "Multiple-Deliverable Revenue Arrangements." EITF No. 00-21 addresses accounting for arrangements that may involve the delivery or performance of multiple products, services and/or rights to use assets. The effect of implementing EITF No. 00-21 on the Company's financial position and results of operations was not significant. This issue addresses determination of whether an arrangement involving more than one deliverable contains more than one unit of accounting and how the arrangement consideration should be measured and allocated to the separate units of accounting. EITF No. 00-21 became effective for revenue arrangements entered into in periods beginning after June 15, 2003.

For those contracts which contain multiple deliverables, management must first determine whether each service, or deliverable, meets the separation criteria of EITF No. 00-21. In general, a deliverable (or a group of deliverables) meets the separation criteria if the deliverable has standalone value to the customer and if there is objective and reliable evidence of the fair value of the remaining deliverables in the arrangement. Each deliverable that meets the separation criteria is considered a "separate unit of accounting." Management allocates the total arrangement consideration to each separate unit of accounting based on the relative fair value of each separate unit of accounting. The amount of arrangement consideration that is allocated to a unit of accounting that has already been delivered is limited to the amount that is not contingent upon the delivery of another separate unit of accounting. After the arrangement consideration has been allocated to each separate unit of accounting, management applies the appropriate revenue recognition method for each separate unit of accounting as described previously based on the nature of the arrangement. All deliverables that do not meet the separation criteria of EITF No. 00-21 are combined into one unit of accounting, and the appropriate revenue recognition method is applied.

Use of Estimates

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

Long-Lived Assets

Equipment is stated at cost and depreciated over a useful life of 7 years.  Expenditures for maintenance and repairs are charged to operating expenses as incurred.  When equipment is retired or otherwise disposed of, the cost of the asset and the related accumulated depreciation are removed from the accounts with the resulting gain or loss being reflected in results of operations.

Intangible assets include intellectual property rights which were valued at the date of acquisition by management and amortized over 15 years.  

Management assesses the recoverability of equipment and intangible assets whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable from its future undiscounted cash flows.  If it is determined that an impairment has occurred, an impairment loss is recognized for the amount by which the carrying amount of the asset exceeds its estimated fair value.

F-6

New Accounting Standards

Recent Accounting Pronouncements

In February 2007, the FASB issued SFAS No. 159, The Fair Value Option for Financial Assets and Financial Liabilities.  Under the provisions of SFAS No. 159, the Company may choose to carry many financial assets and liabilities at fair values with changes in fair value recognized in earnings.  The company has adopted the pronouncement for periods beginning after January 1, 2008.  This implementation has not had a material effect on the financial statements of the Company.

In June 2006, the Financial Accounting Standard s Board (“FASB”) issued Interpretation No. 48, “Accounting for Uncertainty in Income Taxes, an interpretation of FASB Statement No. 109” (FIN No. 48).  This Interpretation prescribes a recognition threshold and measurement attribute for financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return and provides guidance on derecognition, classification, interest and penalties, accounting in interim periods, disclosure and transition.  The company adopted the pronouncement for periods after July 1, 2007 and the pronouncement had no material impact on our financial statements.

In September 2006, the FASB issued SFAS No. 157, a standard that provides enhanced guidance for using fair value to measure assets and liabilities.   The standard applies whenever other standards require (or permit) assets or liabilities to be measured at fair value.  The standard does not expand the use of fair value in any new circumstances.  This Statement was originally to become effective for financial statements issued for fiscal years beginning after November 15, 2007, and interim periods within those fiscal years.  However on February 12, 2008 FASB issued a Staff Position Bulletin, amending SFAS No. 157, to establish the effective date of the statement as fiscal years beginning after November 15, 2008 and interim periods within those fiscal years.  Earlier application is encouraged, provided that the reporting entity has not yet issued financial statements for that fiscal year, including financials statements for an interim period within that fiscal year.  The Company has adopted this pronouncement effective for periods beginning after January 1, 2008, and the adoption has had no material effect on the financial statements of the Company.  

In November 2007, the FASB issued FSP Nos. FAS 115-1 and 124-1, "The Meaning of Other-Than-Temporary Impairment and Its Application to Certain Investments". This FSP addresses the determination as to when an investment is considered impaired, whether the impairment is 'other-than-temporary', and the measurement of an impairment loss. The investment is impaired if the fair value is less than cost. The impairment is 'other-than-temporary' for equity securities and debt securities that can contractually be prepaid or otherwise settled in such a way that the investor would not recover substantially all of its cost. If 'other-than-temporary', an impairment loss shall be recognized in earnings equal to the difference between the investment's cost and its fair value. The guidance in this FSP is effective in reporting years beginning after December 15, 2005.

In December 2004, the FASB issued SFAS No. 123R, “Share-Based Payment”.  This statement replaces SFAS No. 123, “Accounting for Stock Based Compensation” and supersedes ABP Opinion No. 25, “Accounting for Stock Issued to Employees”.  It establishes accounting standards for transactions in which an entity exchanges its equity instruments for goods or services.  The statement requires companies to expense the fair value of employee stock options and other equity-based compensation, eliminating the alternative to use APB No. 25’s intrinsic value method.  The statement became effective for the Company on January 1, 2006.  In March 2005, the SEC released Staff Accounting Bulletin No. 107 “Share-Based Payment”, which provides interpretive guidance related to the interaction between SFAS 123 (R) and certain SEC rules and regulations.  It also provides the SEC staff’s views regarding valuation of share-based payment arrangements.  Management believes that SFAS No. 123 (R) and SAB No. 107 will have an impact on future share-based transactions of the Company but cannot determine the impact at this time.

In November 2004, the Financial Accounting Standards Board (FASB) issued SFAS No. 151, “Inventory Costs, an amendment of ARB No. 43, Chapter 4.” SFAS No. 151 clarifies that abnormal amounts of idle facility expense, freight handling costs and wasted materials (spoilage) should be recognized as current-period charges and requires the allocation of fixed production overheads to inventory based on the normal capacity of the production facilities. We adopted SFAS No. 151 on January 1, 2006.  There was no material impact on our accounting for inventory costs.

F-7

Reclassification

Certain reclassifications may have been made in prior years' financial statements to conform to classifications used in the current year.

Note 2 – Intangible Assets

The cost to acquire intangible assets in 1999 has been allocated to the assets acquired according to the estimated fair values and amortized over a 15 year life using the straight line method. The Company has adopted SFAS No. 142, Goodwill and Other Intangible Assets, whereby the Company periodically tests its intangible assets for impairment. On an annual basis, and when there is reason to suspect that their values have been diminished or impaired, these assets are tested for impairment, and write-downs will be included in results from operations. No impairment was identified for the years ended December 31, 2007 and 2006.

The identifiable intangible assets acquired and their carrying values at March 31, 2008 and 2007 are:

		2008		2007
Jingles used in on hold messaging	$	248,247	$	248,247
Less:  Accumulated Amortization		(147,053)		(130,505)
Net Intangible Asset	$	101,194	$	117,742

Total amortization expense charged to operations for the quarter ended March 31, 2008 and 2007 was $4137 and $4137 respectively.

Note 3 – Notes Payable and Long-term Debt

Since the year 2000, advances have occasionally been made to the company by its General Manager. This note payable is unsecured, due on demand, and bears no interest.  As of March 31, 2008, the outstanding balance is $36,000.  

The long-term debt is a note payable to the former owners, dated July 1, 1999 bearing interest at 6.5% per annum, payable on March 1, 2019.  The balance on the note payable net of current portion on December 31, 2006 was $157,583 and on December 31, 2007 it was $149,496. The balance on March 31, 2008 is $147,391.  

Note 4 – Due to Related Party

Since the year 2000, the Company’s General Manager, Charles Harwell has advanced funds to the Company to purchase materials expensed as costs of goods sold.  These loans were made through the use of Mr. Harwell’s personal credit cards.  As such, the amount of interest accrued is dictated by the interest rate agreed to through the General Manager’s credit agreement.  The amount due to Mr. Harwell, including interest, as of March 31, 2008 is $113,733.  

Note 5 – Subsequent Events

Lease Agreement

On April 1, 2008 having fulfilled the terms of the prior lease on the building located at 7401 East 46^th Place, in Tulsa, OK the Company executed a new lease agreement for a larger, newer, office space located at 5459 South Mingo Rd. – Suite A, in Tulsa OK.  This lease agreement is for a 6 months term and included a deposit of $1500.   There is no renewal clause in this lease.  Management is very pleased with the new space and believes it will enable Harcom to attract a higher caliber of employee in the future.

Note 6- Going Concern

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates the realization of assets and the liquidation of liabilities in the normal course of business.  However the Company has reported net losses of ($51,854) and ($78,367) for the years ended December 31, 2006 and December 31, 2007 respectively, as well as net losses of ($47,171) for quarter ending March 31, 2008.  Without realization of additional capital, it would be unlikely for the Company to continue as a going concern.  It is management's plan to complete and execute a business plan in order to supply the needed cash flow.

F-8

ITEM 2: MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

General Overview

The following Management’s Discussion and Analysis is intended to help the reader understand our company. It is provided as a supplement to, and should be read in conjunction with, our financial statements and the accompanying notes (“Notes”).

Forward-Looking Statements

Historical results and trends should not be taken as an indication of future operations. Management's statements contained in this report that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Actual results may differ materially from those included in the forward-looking statements. The Company intends such forward-looking statements to be covered by the safe-harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, and is including this statement for purposes of complying with those safe-harbor provisions. Forward-looking statements, which are based on certain assumptions and describe future plans, strategies and expectations of the Company, are generally identifiable by use of the words “may,” “should,” “could,” "believe," "expect," "anticipate," "estimate," "project," "prospects," or similar expressions. The Company’s ability to predict results or the actual effect of future plans or strategies is inherently uncertain. Factors which could have a material adverse affect on the operations and future prospects of the Company include, but are not limited to: changes in economic conditions, legislative/regulatory changes, the availability of capital, interest rates, and the competitive environment.  These risks and uncertainties should be considered in evaluating forward-looking statements and undue reliance should not be placed on such statements. Further information concerning the Company and its business; including additional factors that could materially affect the Company's financial results, are included herein and in the Company's other filings with the Securities and Exchange Commission.

The following discussion and analysis should be read in conjunction with the financial statements and notes to financial statements included elsewhere in this quarterly report on Form 10-QSB. This report and the financial statements and notes to financial statements contain forward-looking statements, which generally include the plans and objectives of management for future operations, including plans and objectives relating to future economic performance and our current beliefs regarding revenues we might earn if we are successful in implementing our business strategies. The Company does not undertake to update, revise or correct any forward-looking statements.

Results of Operations for the three months ended March  31, 2008 and 2007

Revenues:

For the three months ended March 31, 2008, total revenues were $75,273 as compared to total revenues of $138,299 for the same period in 2007.  This is a decrease of $63,026 or 46%.  Management attributes this decrease to two variables.  First, our General Manager, Charles Harwell has been in poor health during this first quarter, causing him to be absent from the daily operations of the Company.  Since he is the key individual to whom employees look for leadership and final decisions on an operational level, when he is not present, it has a substantial effect on the morale of the employees, especially those on the sales team.  At the close of the quarter, two key decisions were made by the Board of the Company in an attempt to improve the overall financial health of the Company.  

Effective March 15, 2008, Board Member, and Officer, Susan Harwell, has made a commitment to be on site no fewer than thirty hours each week.  Susan brings twenty years of business experience to the company, with most of that being related specifically to the sale of On-Hold Messages and Radio Jingles.   In her first week of donating her time and focus to the Company, Susan was able to locate a much larger, more attractive office space for the Company at the same monthly lease price as the space the Company has occupied since 2002.  She began to drive the effort to launch a more efficient and user friendly website, create a more attractive logo, document all sales training in a written manual, re-institute sales training, and to re-institute quality control measures as it relates to the securing of unique information from each client.  Along with Susan, Shane Harwell, our President, who is not typically involved at a daily operational level, but rather provides oversight at an organizational and financial reporting level, has committed to focusing on the operational aspects of the Company for a minimum of ten hours weekly. Mr. Harwell brings 20 years of experience as it relates to sales training and organizational leadership to the day to day operations of the Company. Though nothing is certain, the Board and Management are hopeful that these changes will create an increase in revenue in the second quarter of 2008.

3

The second variable that has contributed to a drop in revenues is the overall condition of the national economy. Since Harcom Productions Inc. conducts business across the nation, the Company is effected by the economy as it pertains to the entire country.  Potential clients who are small business owners, who formerly viewed on hold messages as a necessity, seem to view them more as a luxury during harsher economic seasons.   With rising costs around the country and more stringent credit terms, prospective clients seem to less open minded as it pertains to a new product for their business.

Cost of Goods Sold:

For the three months ended March 31, 2008, total Cost of Goods Sold was $35,831 as compared to total Cost of Goods Sold of $44,469 for the same period in 2007.   This reduction of $8,638 or 19% occurred because with Sales dropping by 46%, the costs to deliver those sales will drop as well.   Unfortunately,  the decrease in sales as a percentage does not translate to the same percentage of savings as it pertains to Cost of Goods Sold.  This is due to the fixed costs that are associated with Cost of Goods sold, such as amortization on the intellectual property of the music beds and jingles that form the base of our product line.   

Professional Fees:  

For the three months ended March 31, 2008, total Professional Fees were $8945 as compared to $5623 for the same period in 2007.  This difference is reflective of the costs required to prepare filings to remain in compliance with the regulations of the Securities and Exchange Commission.   

Telephone Expense:

For the three months ended March 31, 2008, total Telephone Expense was $4817 as compared to $5522 for the same period in 2007. This reduction of $775 or 12% is due to the 15% reduction in our sales force over the last twelve months.  There remains the expense for overall T-1 lines and other telephones being used by non-sales staff.

Total Payroll/Employee Compensation:

For the three months ended March 31, 2008, total Payroll Expense was $58,090 as compared to $55,285 for the same period in 2007. This increase of $2,805 or 5% would seem to run contrary to the small reduction in sales staff. However, the Company had to increase the salary of our voice talent and script writer, to remain competitive with others in the industry, which accounts for this increase.

Net Income:  

For the three months ended March 31, 2008, Net Losses were ($47,171) as compared to Net Income of $11,144 during the same period of 2007.   This $58,312 decrease in quarterly profitability as compared to the prior year is due to poor revenues as outlined in that section above.  There are very few cost cutting measures that can be identified at this time.  The key for Harcom Productions Inc., going forward is to see an increase in revenues in the next quarter.  If not, it creates serious concerns as to whether the Company can sustain operations without the infusion of outside capital.  .

Liquidity and Capital Resources:

During the twelve month period between March 31, 2008 and March 31, 2007, there was very little change in the overall Capital and Liquidity status for Harcom Productions Inc.  In 2008, the working capital was $11,619 and on the same date in 2007 it was $7,085.  However, this was made possible by two key events.  One was the forgiveness of a note due to a related party in the amount of $115,227 that occurred in November, 2007 through an Amendment to the original Sales Contract of 1989 with the original owners of Harcom, who are related parties to the President, Shane Harwell.  The second event was the contribution of $74,310 of capital by our General Manager, Charles Harwell, as he continued to offset shortfalls in capital from operations through the use of his credit cards.

Without improved performance in the second quarter of 2008, the Company will likely be unable to sustain operations without seeking Debt or Equity financing.  There are no guarantees that the company can secure such financing on terms favorable to the Company.

While the capital resources of the company are limited from a cash perspective, the credit of the officers and directors for guaranteeing any loan necessary is extremely strong. The company has not established any lines of credit with any banks. In the event a supplier or lender requires additional credit to obtain equipment or other business supplies, our officers and directors are willing to extend their credit to accomplish the purchase.

4

Although no assurances can be made, we believe that our expenses will increase or decrease proportionately to revenues during the fiscal year ending December 31, 2008. Since we are not offering shares for sale in a primary offering, it is our intention to raise additional capital through private sources or debt financing.  In the event we conduct a private placement of our shares, we will file a Form D with the Securities Exchange Commission as well as register our offering in those states that require such registration.  

 ITEM 3:   CONTROLS AND PROCEDURES

a)  Evaluation of Disclosure Controls and Procedures

As of the end of the period covered by this Report on Form 10-QSB, an evaluation of the effectiveness of the design and operation of the Company’s disclosure controls and procedures was carried out by the Company under the supervision and with the participation of our Chief Executive and Chief Financial Officer.  Based on that evaluation, the Chief Executive and Chief Financial Officer concluded that the Company’s disclosure controls and procedures have been designed and are being operated in a manner that provides reasonable assurance that the information required to be disclosed by the Company in reports filed 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.  A system of controls, no matter how well designed and operated, cannot provide absolute assurance that the objectives of the system of controls are met, and no evaluation of controls can provide absolute assurance that all control issues and instances of fraud, if any, within a company have been detected. There have been no changes in the Company’s internal controls over financial reporting that occurred during the most recent fiscal year that have materially affected, or are reasonably likely to materially affect, the Company’s internal controls over financial reporting.

(b) Changes in Internal Control over Financial Reporting.

During the quarter ended March 31, 2008, there was no change in our internal control over financial reporting (as such term is defined in Rule 13a-15(f) under the Exchange Act) that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.

 PART II

ITEM 1. Legal Proceedings:

We are currently not involved in any litigation that we believe could have a materially adverse effect on our financial condition or results of operations. There is no action, suit, proceeding, inquiry or investigation before or by any court, public board, government agency, self-regulatory organization or body pending or, to the knowledge of the executive officers of our company or any of our subsidiaries, threatened against or affecting our company, our common stock, any of our subsidiaries or of our company’s or our company’s subsidiaries’ officers or directors in their capacities as such, in which an adverse decision could have a material adverse effect.

ITEM 2. Unregistered Sales of Equity Securities and Use of Proceeds

None

ITEM 3. Defaults Upon Senior Securities:

None.

ITEM 4. Submission of Matters to a Vote of Security Holders:

No matters were submitted to shareholders for the period ended March 31, 2008.

ITEM 5. Other Information:

None.

5

Item 6. Exhibits:

The following exhibits are included as part of this Registration Statement pursuant to Item 601 of Regulation S-B.   Those marked with an asterisk and required to be filed hereunder, are incorporated by reference and can be found in their entirety in our original form SB-2 Registration Statement, filed under SEC File Number 333-139685, at the SEC website at www.sec.gov.

Exhibit No.	Description
3(i)*	Harcom Productions, Inc. Certificate of Incorporation
3(ii)*	Articles of Amendment to Harcom Productions, Inc. Certificate of Incorporation
3(iii)*	Harcom Productions, LLC Certificate of Conversion
3(iv)*	Harcom Productions, LLC Plan of Conversion
3(v)*	Amendments to the Articles of Organization of the Powerhouse, L.L.C., an Oklahoma Limited Liability Company
3(vi)*	Harcom Productions, Inc. By-Laws
31	Certification of Chief Executive Officer and Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act.
32	Certification of Chief Executive Officer and Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act.

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Signature	Title	Date
/s/ Shane Harwell	Chief Executive Officer; Chief Financial Officer	April 30, 2008
	President, Secretary, and Chairman of the Board

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