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TABLE OF CONTENTS
	PAGE
PART I - FINANCIAL INFORMATION

Item 1 - Financial Statements
- Consolidated Balance Sheet as of March 31, 2006	3
- Consolidated Statements of Income for the three months ended March 31, 2006 and 2005	4
- Consolidated Statements of Cash Flows for the three months ended March 31, 2006 and 2005	5
- Notes to Consolidated Financial Statements.	6-9

Item 2 - Management's Discussion and Analysis Or Plan of Operations.	10-11

PART II - OTHER INFORMATION

Item 1 - Legal Proceedings.	11

Item 2 - Changes in Securities and Use of Proceeds.	11

Item 3 - Default upon Senior Securities.	11

Item 4 - Submission of Matters to a Vote of Security Holders.	11

Item 5 - Other Information.	11

Item 6 - Exhibits and Reports on Form 8-K.	11-12

SIGNATURES	12

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PART I - FINANCIAL INFORMATION

SAFARI ASSOCIATES, INC.

(A DEVELOPMENT STAGE COMPANY)

CONSOLIDATED BALANCE SHEET

MARCH 31, 2006

		2006
		(UNAUDITED)
ASSETS
CURRENT ASSETS:
Cash	$	7,539

Total Assets	$	7,539

LIABILITIES AND STOCKHOLDERS' (DEFICIT)

Current Liabilities:

Notes Payable	$	15,000
Accounts Payable		318,282
Payroll and Other Taxes Payable		27,772
Accrued Expenses		550,819
Loan Stockholders		262,329
Convertible Notes Payable		505,500

Total Current Liabilities		1,679,702

Commitments and Contingencies

STOCKHOLDERS' (DEFICIT):
Common Stock, par value $.001 authorized
100,000,000 shares, issued and
outstanding 1,505,034 shares		1,505
Additional Paid-in Capital		1,982,454
Deficit Accumulated During Development Stage		(674,731	)
Retained (Deficit)		(2,981,391	)

Total Stockholders' (Deficit)		(1,672,163	)

Total Liabilities and Stockholders' (Deficit)	$	7,539

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SAFARI ASSOCIATES, INC.

(A DEVELOPMENT STAGE COMPANY)

CONSOLIDATED STATEMENTS OF OPERATIONS

FOR THE THREE MONTHS ENDED MARCH 31, 2006 AND 2005

AND FOR THE PERIOD JANUARY 1, 2003 TO MARCH 31, 2006

		CUMULATIVE
		LOSS DURING
		DEVELOPMENT
		STAGE			2006			2005
		(UNAUDITED)			(UNAUDITED)			(UNAUDITED)

OPERATING EXPENSES:
General and Administrative Expenses	$	357,131		$	13,000		$	25,415
Research and Development Costs		147,142			7,178			13,950

Total Operating Expenses		504,273			20,178			39,365

Net (Loss) from Operations		(504,273	)		(20,178	)		(39,365	)

Interest Expense		140,825			10,435			10,435

Loss from Continuing Operations		(645,098	)		(30,613	)		(49,800	)

Loss from Discontinued Operations		(29,633	)		-			-

Net (Loss)	$	(674,731	)	$	(30,613	)	$	(52,031	)

Net (Loss) Per Common Share				$	(.02	)	$	(.03	)

Weighted Average Shares Outstanding					1,505,034			1,484,978

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SAFARI ASSOCIATES, INC.

(A DEVELOPMENT STAGE COMPANY)

CONSOLIDATED STATEMENTS OF CASH FLOWS

FOR THE THREE MONTHS ENDED MARCH 31, 2006 AND 2005

AND FOR THE PERIOD JANUARY 1, 2003 TO MARCH 31, 2006

(PERIOD OF DEVELOPMENT STAGE)

	CUMULATIVE
	LOSS DURING
	DEVELOPMENT
	STAGE			2006			2005
	(UNAUDITED)			(UNAUDITED)			(UNAUDITED)
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Income (Loss)	$	(675,731	)	$	(30,613	)	$	(52,031	)
Adjustment to Reconcile Net Income (Loss)
to net cash used in operating activities:
Depreciation		3,365						568
Loss on disposition of property and equipment								2,229
Services provided for common stock		15,021
Changes in Operating Assets & Liabilities:
Prepaid Expenses and Other Assets		64,214			-			3,950
Accounts Payable		42,088			5,986			11,510
Payroll and Other Taxes Payable		1,300
Accrued Expenses		345,625			18,435			25,335

Net Cash Used in Operating Activities		(203,118	)		(6,192	)		(8,439	)


CASH FLOWS FROM FINANCING ACTIVITIES:
Issuance of Common Stock		24,500
Loans from Stockholders		166,189			6,217			12,000

Net Cash Provided by Financing Activities		190,689			6,217			12,000

Net Increase (Decrease) in Cash		(12,429	)		25			3,561

Cash - Beginning of Period		19,968			7,514			2,668

Cash - End of Period	$	7,539		$	7,539		$	6,229

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SAFARI ASSOCIATES, INC.

(A DEVELOPMENT STAGE COMPANY)

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

The following financial information is submitted in response to the requirements of Form 10-QSB and does not purport to be financial statements prepared in accordance with generally accepted accounting principles. Certain information and footnote disclosures normally included in financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted, although Safari Associates, Inc. and subsidiaries (the “Company") believes the disclosures that are made are adequate to make the information presented not misleading. Further, in the opinion of the management, the interim financial statements reflect fairly the financial position and results of operations for the periods indicated.

Note 1 - Description of Business

Safari Associates, Inc. (the “Company”), a Utah Corporation was incorporated on July 30, 1980. The Company has eight wholly owned subsidiaries; Safari Group Safety Products, Inc., Safari Camera Corporation, Photography For Evidence, Inc., Impact Dampening Technology, Inc., Safari Target Corporation, Shoothru, Inc., Safari Boat Company, and Safari Lure Company. All the subsidiaries are inactive.

During late fiscal 2003 and into fiscal 2004, the Company decided to change its strategy from the manufacture and distribution of disposable cameras, recoil pads and self sealing targets to concentrate on research and development of fire safety equipment. Due to this change in strategy, the Company now considers itself a Development Stage Company.

NOTE 2- SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

CONSOLIDATION

The accompanying consolidated financial statements include the accounts of the Company and all its wholly owned subsidiaries. All material intercompany transactions and balances have been eliminated in consolidation.

PROPERTY AND EQUIPMENT

Property and equipment are recorded at cost and depreciated using the straight-line method over their estimated useful lives. The cost of maintenance and repairs is charged to operations as incurred.

INTANGIBLES

The Company follows Statement of Financial Accounting Standard No. 144, Impairment of Long-lived Assets, by reviewing such assets for impairment annually or whenever events or changes in circumstances indicate that the carrying amount may not be recoverable.

INCOME TAXES

The Company records deferred income taxes using the asset and liability method. Under this method, deferred tax assets and liabilities are recognized for the expected future tax consequences of temporary differences between the financial statement and income tax basis of the Company's assets and liabilities. An allowance is recorded, based on currently available information, when it is more likely than not that any or all of a deferred tax asset will not be realized. The provision for income taxes include taxes currently payable, if any, plus the net change during the period presented in deferred tax assets and liabilities recorded by the Company.

PER SHARE DATA

The Company has adopted the standards set by the Financial Accounting Standards Board and computes earnings per share data in accordance with SFAS No. 128 "Earning per Share." The basic per share data has been computed on the loss for the period divided by the historic weighted average number of shares of common stock outstanding. All potentially dilutive securities have been excluded from the compilation since they would be antidilutive.

ESTIMATES AND ASSUMPTIONS

Preparing financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenue, and expenses at the balance sheet date and for the periods then ended. Actual results could differ from these estimates.

Page - 6

SAFARI ASSOCIATES, INC.

(A DEVELOPMENT STAGE COMPANY)

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

Note 3 - Development Stage Operations

During 2003, the Company changed its strategy from a manufacturing company to a research and development company devoting its resources to the development of two new products for fire safety. All prior manufacturing operations had ceased by the end of fiscal 2004.

Note 4 - Income Taxes

There is no provision for federal or state income taxes for the years ended March 31, 2006 and 2005 since the Company has incurred operating losses. Additionally, the Company has reserved fully for any potential future tax benefits resulting from its carryforward operating losses. Deferred tax assets at March 31, 2006 and 2005 consist of the following:

		2006			2005

Net Operating Loss Carryforward	$	1,257,000		$	1,180,000
Property and Equipment		-			(2,500	)
		1,257,500			1,177,500
Valuation Allowance		(1,257,500	)		(1,177,500	)

	$	-0-		$	- 0 -

Note 5 - Notes Payable

Convertible Notes Payable

On December 20, 2000, one of the creditors of the Company agreed to receive a note from the Company in the amount of $45,000 payable on December 19, 2002, together with interest thereon at the rate of 8% per annum. Commencing one year from the date of the note, the creditor may convert any portion of the note into restricted share of common stock in the Company at a conversion rate of $.15 per share. The note has been extended on a month-to-month basis by mutual consent of the parties.

On August 9, 2001, the Company and three shareholders agreed to convert a total of $460,500 of accrued expenses, deferred compensation, and loan payable stockholder into convertible notes. The convertible notes were for a two year period with interest at the rate of 8% per annum, payable quarterly commencing December 1, 2001 until they mature on August 9, 2003. The notes are convertible into restricted shares of common stock at a conversion rate of $.25 per share. The notes have been extended on a month to month basis by mutual consent of the parties.

Notes Payable

The Company borrowed a total of $15,000 from two individual investors. The notes were for a term of four months with interest to be accrued at the rate of 8% and 9% per annum. The notes have been extended on a month-to-month basis by mutual consent of the parties.

Note 6- Loan Stockholders

During the year ended December 31, 2005, Mrs. Berger, a major stockholder of the Company, was repaid $7,475 which reduced the Company obligation to$103,237.

During the year ended December 31, 2005, Mr. Henry Steeneck, a stockholder of the Company, loaned the Company $1,192 for a total of $146,592.

During the three months March 31, 2006 Mr Zirk Englebrecht, President of the Company, loaned the Company $12,500.

All loans from the stockholders and officer have been used to provide the Company with working capital and are non interest bearing and payable on demand.

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SAFARI ASSOCIATES, INC.

(A DEVELOPMENT STAGE COMPANY)

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

NOTE 7-COMMITMENTS & CONTINGENCIES

PRODUCT LIABILITY

Certain of the Company's proposed products will be in the safety field where the Company could be subject to claims from injuries resulting from use of the Company's products. Recent developments in the insurance industry have reduced the availability and increased the cost of liability insurance coverage. At present, the Company is self-insured for product liability claims.

NOTE 8 - GOING CONCERN

As of March 31, 2006, the Company had a working capital deficit of $1,672,163 and a stockholder's deficit of $1,672,163. In addition, the Company has no significant operations to sustain themselves. The Company has changed strategy from a manufacturing and sales operation to perform research and development on products that have a patent and other products which may be patentable. The above facts and circumstances raise substantial doubt about the Company's ability to continue as a going concern.

The Company is currently exploring different methods of raising additional equity capital through private placements, loans from stockholders or by other means. There is no assurance that the Company will be successful in its efforts to raise additional capital. Even if the Company is successful in raising additional capital, there is no assurance that it will be sufficient for the Company to be able to continue as a going concern.

During the period ended March 31, 2006 the Company ceased all future research and development and decided to go in a new direction and is currently seeking a merger candidate. In addition for the period ended March 31, 2006 there was been a change in the Chairman of the Board of Directors and President of the Company. For the past few years such individuals have provided most of the working capital for the Company.

Page - 8

ITEM 2 - MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION

During late fiscal 2003 and into fiscal 2004, the Company decided to change its strategy from the manufacture of disposable cameras, recoil pads and targets to concentrate on research and development of other products to be used to increase safety in the event of hostile fires.

The Company was developing and testing two new safety devices intended to save lives in the event of hostile fire. One device is the Flame Tame(TM), a unit that automatically sprays a fire retardant material covering approximately 200 square feet when activated by heat in excess of 145 degrees Fahrenheit. The other is a portable descent device to enable individuals to escape if trapped at the upper floors of a burning building. On March 7, 2006, Mr. Morton Berger, President and Chairman of the Board of the Company, passed away after a long illness and Mr. Zirk Englebrecht was appointed as President of the Company. The Company has decided to go in a new direction and is currently seeking a merger candidate.

Operating expenses for the three months ended March 31, 2006 were $20,178 compared to $39,395 for the three months ended March 31, 2005. General and administrative expenses included $10,000 in legal expenses and $3,000 in accounting expenses. The expenses were incurred in the preparation of the quarterly form 10 Q and Forms 8K during the period. Research and development costs during the period were $7,178, a decrease of $6,772 from the three months ended March 31, 2005, and the Company has ceased all future research and development. The Company has eliminated all but necessary expenses which include legal and accounting for the filing of quarterly reports.

Interest expense for the three months ended March 31, 2006 and 2005 was $10,435.

LIQUIDITY AND CAPITAL RESOURCES

As of March 31, 2006, the current liabilities exceeded the current assets by $1,672,163. The Company has primarily relied on the proceeds of stockholders and officers' loans to fund operations.

The Company is currently exploring different methods of raising additional equity capital through a private placement or other means. There is no assurance that the Company will be successful in its efforts to raise additional equity capital. Even if the Company is successful in raising additional capital, there is no assurance that it will be sufficient for the Company to be able to continue as a going concern.

Off Balance Sheet Arrangements

The Company does not have any off balance sheet arrangements that are reasonably likely to have a current or future effect on its financial condition, revenues, and results of operations, liquidity or capital expenditures.

ITEM 3 QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK.

None.

PART II - OTHER INFORMATION

ITEM 1 LEGAL PROCEEDING

None.

ITEM 2 CHANGES IN SECURITIES AND USE OF PROCEEDS

None.

ITEM 3 DEFAULTS UPON SENIOR SECURITIES

None.

ITEM 4 SUBMISSIONS 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 by Zirk Englebrecht Cheif Executive Officer and Cheif Financial Officer pursuant to Section 302 of the Sarabanes-Oxley Act of 2002.

32.1 Certification by Zirk Englebrecht Cheif Executive Officer and Cheif Financial Officer pursuant to Section 906 of the Sarabanes-Oxley Act of 2002.

(b) Reports on Form 8-K dated March 14,2006, April 7,2006, and May 10, 2006.

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SIGNATURES

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

SAFARI ASSOCIATES, INC.

Zirk Englebrecht Chairman and President

Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.

Date: May 22, 2006 By: /s/ Zirk Englebrecht

Zirk Englebrecht

Chief Executive Officer

Date: May 22, 2006 By: /s/ Lillian Berger

Lillian Berger, Director

Page - 10

Exhibit 31.1

CERTIFICATION PURSUANT TO RULE 13A-14 AND 15D-14

UNDER THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED

I, Zirk Englebrecht, President of Safari Associates, Inc., certify that:

I have reviewed this quarterly report on Form 10 QSB of Safari Associates Inc.;

Based on my knowledge, this quarterly report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this quarterly report;