UNITED STATES
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 July 31, 2009

[ ] TRANSITION REPORT UNDER SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE
ACT OF 1934

FOR THE TRANSITION PERIOD FROM _________ TO _________

COMMISSION FILE NUMBER: 333-156056

Mobieyes Software, Inc.
-----------------------
(Exact name of registrant as specified in its charter)

FLORIDA 26-4065800
------- ----------
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)

Kevin Miller
14835 East Bluff Road, Milton, GA 30004
678.467.0122
--------------
(Registrant's telephone number, including area code)

NOT APPLICABLE
--------------
(Former name, former address and former fiscal year,
if changed since last report)

Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 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 [X] No [ ]

Indicate by check mark whether the registrant is a large accelerated
filer, an accelerated filer, a non-accelerated filer, or a smaller reporting
company. See the definitions of "large accelerated filer," "accelerated filer"
and "smaller reporting company" in Rule 12b-2 of the Exchange Act.

Large accelerated filer [ ] Accelerated filer [ ]
Non-accelerated filer [ ] Smaller reporting company [X]
(Do not check if smaller reporting company)

Indicate by check mark whether the registrant is a shell company (as
defined in Rule 12b-2 of the Exchange Act) Yes [X] No [ ]

Indicate the number of shares outstanding of each of the issuer's
classes of common stock, as of the latest practicable date. 12,000,000 shares of
common stock are issued and outstanding as of September 10, 2009.

TABLE OF CONTENTS

Page
No.
----
PART I - FINANCIAL INFORMATION

Item 1. Financial Statements

Balance Sheets at July 31, 2009 (unaudited) and January 31, 2009 .. 4

Statements of Operations .......................................... 5

Statements of Stockholders' Equity (Deficiency) ................... 6

Statements of Cash Flows .......................................... 7

Notes to Financial Statements (unaudited) ......................... 8

Item 2. Management's Discussion and Analysis of Financial Condition and
Results of Operations. .......................................... 9

Item 3. Quantitative and Qualitative Disclosures About Market Risk. ....... 9

Item 4T. Controls and Procedures. .......................................... 10

PART II - OTHER INFORMATION

Item 1. Legal Proceedings. ................................................ 12

Item 1A. Risk Factors. ..................................................... 12

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds. ...... 12

Item 3. Defaults Upon Senior Securities. .................................. 12

Item 4. Submission of Matters to a Vote of Security Holders. .............. 12

Item 5. Other Information. ................................................ 12

Item 6. Exhibits. ......................................................... 12

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

Certain statements in this report contain or may contain forward-looking
statements. These statements, identified by words such as "plan", "anticipate",
"believe", "estimate", "should", "expect" and similar expressions include our
expectations and objectives regarding our future financial position, operating
results and business strategy. These statements are subject to known and unknown
risks, uncertainties and other factors which may cause actual results,
performance or achievements to be materially different from any future results,
performance or achievements expressed or implied by such forward - looking
statements. These forward-looking statements were based on various factors and
were derived utilizing numerous assumptions and other factors that could cause
our actual results to differ materially from those in the forward-looking
statements. These factors include, but are not limited to, our ability to secure
suitable financing to continue with our existing business or change our business
and conclude a merger, acquisition or combination with a business prospect,
economic, political and market conditions and fluctuations, government and
industry regulation, interest rate risk, U.S. and global competition, and other
factors. Most of these factors are difficult to predict accurately and are
generally beyond our control. You should consider the areas of risk described in
connection with any forward-looking statements that may be made herein. Readers
are cautioned not to place undue reliance on these forward-looking statements,
which speak only as of the date of this report. Readers should carefully review
this report in its entirety, including but not limited to our financial
statements and the notes thereto and the risks described in our Annual Report on
Form 10-K for the fiscal year ended Oct 31, 2009. We advise you to carefully
review the reports and documents we file from time to time with the Securities
and Exchange Commission (the "SEC"), particularly our quarterly reports on Form
10-Q and our current reports on Form 8-K. Except for our ongoing obligations to
disclose material information under the Federal securities laws, we undertake no
obligation to release publicly any revisions to any forward-looking statements,
to report events or to report the occurrence of unanticipated events.

OTHER PERTINENT INFORMATION

When used in this report, the terms "MSI," "we," the "Company," "our," and "us"
refers to Mobieyes Software, Inc. a Florida corporation.

PART I - FINANCIAL INFORMATION

ITEM 1. FINANCIAL STATEMENTS

Mobieyes Software, Inc.
(A Development Stage Company)
Balance Sheets

ASSETS
------
JULY 31, AS OF
2009 JANUARY 31,
UNAUDITED 2009
----------- -----------

CURRENT ASSETS
Cash and cash equivalents ...................... $ 1,137 $ 7,600
------- -------
Total current assets ......................... 1,137 7,600
------- -------

TOTAL ASSETS ..................................... $ 1,137 $ 7,600
======= =======

LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIENCY)
-------------------------------------------------

CURRENT LIABILITIES
Loan from Officer ............................ - 100
Accounts Payable and Accrued Liabilities ..... 1,657 -
------- -------

Total liabilities ............................ 1,657 100
------- -------

STOCKHOLDERS' EQUITY (DEFICIENCY)
Capital Stock
Authorized:
250,000,000 common shares, $0.0001 par value
Issued and outstanding shares:
12,000,000 ................................... $ 1,200 $ 1,200
Additional paid-in capital ..................... 6,379 6,379
Deficit accumulated during the development stage (8,099) (79)
------- -------
Total Stockholders' Equity (Deficiency) ........ (520) 7,500
------- -------

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY ....... $ 1,137 $ 7,600
======= =======

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

Mobieyes Software, Inc.
(A Development Stage Company)
Statements of Operations

FOR THE PERIOD
THREE SIX FROM INCEPTION
MONTHS MONTHS JANUARY 15,
ENDED ENDED 2009 TO
JULY 31, JULY 31, JULY 31,
2009 2009 2009
----------- ----------- --------------

REVENUES ................................ $ 0 $ 0 $ 0
----------- ----------- -----------

EXPENSES
General & Administrative .............. $ 4,520 8,020 8,099
----------- ----------- -----------

Loss Before Income Taxes ................ $ 4,500 8,020 8,099
----------- ----------- -----------

Provision for Income Taxes .............. 0 0 0
----------- ----------- -----------

Net Loss ................................ $ 4,520 $ 8,020 $ 8,099
=========== =========== ===========

PER SHARE DATA:
0 0 0
Basic and diluted loss per common share =========== =========== ===========

Average Common shares outstanding ..... 12,000,000 12,000,000 12,000,000
=========== =========== ===========

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

Mobieyes Software, Inc.
(A Development Stage Company)
Statements of Stockholders' Equity (Deficiency)

DEFICIT
ACCUMULATED
COMMON STOCK ADDITIONAL DURING THE
----------------------- PAID-IN DEVELOPMENT
SHARES AMOUNT CAPITAL STAGE TOTAL
---------- ---------- ---------- ----------- -----------

Inception - January 15, 2009 ....... - $ - $ - $ - $ -

Common shares issued to Founder
for cash at $0.000625 per share
(par value $0.0001) on
January 15, 2009 ................ 12,000,000 1,200 6,300 - 7,500

Contributed Capital ....... - - 79 - 79

Loss for the period from inception
on January 15, 2009 to
January 31, 2009 ................ - - - (79) (79)
---------- ---------- ---------- ---------- ----------

Balance - January 31, 2009 (audited) 12,000,000 1,200 6,379 (79) 7,500
---------- ---------- ---------- ---------- ----------

Loss for the period ending
April 30, 2009 ................... - - - (3,500) (3,500)
---------- ---------- ---------- ---------- ----------

Balance - April 30, 2009 ........... 12,000,000 1,200 6,379 (3,579) 4,000
---------- ---------- ---------- ---------- ----------

Loss for the period ending
July 31, 2009 ..................... - - - (4,520) (4,520)
---------- ---------- ---------- ---------- ----------

Balance July 31, 2009 .............. 12,000,000 1,200 6,379 (8,099) (520)
========== ========== ========== ========== ===========

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

Mobieyes Software, Inc.
(A Development Stage Company)
Statements of Cash Flows

FOR THE PERIOD
THREE SIX FROM INCEPTION
MONTHS MONTHS JANUARY 15,
ENDED ENDED 2009 TO
JULY 31, JULY 31, JULY 31,
2009 2009 2009
----------- ----------- ---------------

OPERATING ACTIVITIES

Loss for the period ............................. $ (4,520) $ (8,020) $ (8,099)

Changes in Operating Assets and Liabilities:
(Increase) decrease in prepaid expenses ....... - - -
Increase (decrease) in accounts payable ....... 1,657 1,657 1,657
Increase (decrease) in accrued liabilities .... - - -
Increase in short-term note payable (leasehold) - - -

Net cash used in operating activities ........... (2,863) (6,363) (6,442)
----------- ----------- -----------

INVESTING ACTIVITIES

Net cash used in investing activities ......... - - -
----------- ----------- -----------

FINANCING ACTIVITIES

Contributions from founder - - 79
Proceeds from related party payable ........... - - 100
Repayment of related party payable ............ - (100) (100)
Common stock issued for cash .................. - - 7,500
----------- ----------- -----------
Net cash provided by financing activities ..... - (100) 7,579
----------- ----------- -----------

INCREASE IN CASH AND CASH EQUIVALENTS ........... (2,863) (6,463) 1,137

CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 4,000 7,600 0
----------- ----------- -----------

CASH AND CASH EQUIVALENTS AT END OF PERIOD ...... $ 1,137 $ 1,137 $ 1,137
=========== =========== ===========

Supplemental Cash Flow Disclosures:

Cash paid for:
Interest expense ............................ $ - $ -
=========== ===========
Income taxes ................................ $ - $ -
=========== ===========

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

MOBIEYES SOFTWARE, INC.
(A Development Stage Company)

NOTES TO FINANCIAL STATEMENTS

July 31, 2009
(unaudited)

NOTE 1 - CONDENSED FINANCIAL STATEMENTS

The accompanying financial statements have been prepared by the
Mobieyes Software, Inc. without audit. In the opinion of management, all
adjustments (which include only normal recurring adjustments) necessary to
present fairly the financial position, results of operations, and cash flows at
July 31, 2009, and for all periods presented herein, have been made.

Certain information and footnote disclosures normally included in
financial statements prepared in accordance with accounting principles generally
accepted in the United States of America have been condensed or omitted. It is
suggested that these condensed financial statements be read in conjunction with
the financial statements and notes thereto included in the Company's January31,
2009 audited financial statements

NOTE 2 - GOING CONCERN

The Company's financial statements are prepared using generally
accepted accounting principles in the United States of America applicable to a
going concern which contemplates the realization of assets and liquidation of
liabilities in the normal course of business. The Company has not yet
established an ongoing source of revenues sufficient to cover its operating
costs and allow it to continue as a going concern. The ability of the Company to
continue as a going concern is dependent on raising capital to fund its business
plan and ultimately to attain profitable operations. Accordingly, these factors
raise substantial doubt as to the Company's ability to continue as a going
concern. The Company is intending to fund its initial operations by way of
issuing Founders' shares and entering into a private placement offering.

The accompanying financial statements do not include any adjustments
that might be necessary if the Company is unable to continue as a going concern.

ITEM 2. MANAGEMENT DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
OF OPERATION

Overview

Mobieyes Software, Inc. is a development stage company and was incorporated in
Florida on January 15, 2009, to develop and market financial software. It has no
operations and in accordance with SFAS #7 is considered to be in the development
stage.

Results of Operations
- ---------------------

The following discussion should be read in conjunction with the condensed
financial statements and segment data and in conjunction with the Company's S-1
and amended S-1/A's. Results or interim periods may not be indicative of results
for the full year.

During the first fiscal quarter 2009 the Company was focused on preparing the
documentation required to be filed with the Securities and Exchange Commission
(SEC). On February 27, 2009 the Company filed a Registration Form S-1 and S-1/A
Amendments with the SEC. The Registration Form S-1 And S-1/A Amendments filed
February 27, 2009 was deemed effective as of June 3, 2009.

Results of Operations

The Company did not generate any revenue during the quarter ended July 31, 2009.

Total expenses the three (3) months ending July 31, 2009 were $4,520 resulting
in an operating loss for the period of $4,520. Basic net loss per share
amounting to $.0001 for the three (3) months ending July 31, 2009.

General and Administrative expenses consisted primarily of office expenses and
bookkeeping for the three (3) months ending July 31, 2009 and were $4,520.

Accounts payable for the period ending July 31, 2009 were $1,657.

Liquidity and Capital Resources
- -------------------------------

At July 31, 2009 we had working capital of $1,137 consisting of cash on hand of
$1,137 as compared to working capital of $7,600 at January 31, 2009 which
reflected our cash position.

Net cash used in operating activities for the three months ended July 31, 2009
was $2,863 as compared to $79 for the Year ended January 31, 2009.

ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK.

Not applicable to a smaller reporting company.

ITEM 4T. CONTROLS AND PROCEDURES

Management's Report On Internal Control Over Financial Reporting
----------------------------------------------------------------

Our management is responsible for establishing and maintaining adequate internal
control over financial reporting. Internal control over financial reporting is
defined in Rule 13a-15(f) or 15d-15(f) promulgated under the Securities Exchange
Act of 1934 as a process designed by, or under the supervision of, the company's
principal executive and principal financial officers and effected by the
company's board of directors, management and other personnel, to provide
reasonable assurance regarding the reliability of financial reporting and the
preparation of financial statements for external purposes in accordance with
accounting principles generally accepted in the United States of America and
includes those policies and procedures that:

- Pertain to the maintenance of records that in reasonable detail accurately
and fairly reflect the transactions and dispositions of the assets of the
company;

- Provide reasonable assurance that transactions are recorded as necessary
to permit preparation of financial statements in accordance with
accounting principles generally accepted in the United States of America
and that receipts and expenditures of the company are being made only in
accordance with authorizations of management and directors of the company;
and

- 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.

Because of its inherent limitations, internal control over financial reporting
may not prevent or detect misstatements. Projections of any evaluation of
effectiveness to future periods are subject to the risk that controls may become
inadequate because of changes in conditions, or that the degree of compliance
with the policies or procedures may deteriorate. All internal control systems,
no matter how well designed, have inherent limitations. Therefore, even those
systems determined to be effective can provide only reasonable assurance with
respect to financial statement preparation and presentation. Because of the
inherent limitations of internal control, there is a risk that material
misstatements may not be prevented or detected on a timely basis by internal
control over financial reporting. However, these inherent limitations are known
features of the financial reporting process. Therefore, it is possible to design
into the process safeguards to reduce, though not eliminate, this risk.

As of July 31, 2009 management assessed the effectiveness of our internal
control over financial reporting based on the criteria for effective internal
control over financial reporting established in Internal Control--Integrated
Framework issued by the Committee of Sponsoring Organizations of the Treadway
Commission ("COSO") and SEC guidance on conducting such assessments. Based on
that evaluation, they concluded that, during the period covered by this report,
such internal controls and procedures were not effective to detect the
inappropriate application of US GAAP rules as more fully described below. This
was due to deficiencies that existed in the design or operation of our internal
controls over financial reporting that adversely affected our internal controls
and that may be considered to be material weaknesses.

The matters involving internal controls and procedures that our management
considered to be material weaknesses under the standards of the Public Company
Accounting Oversight Board were: (1) lack of a functioning audit committee due
to a lack of a majority of independent members and a lack of a majority of
outside directors on our board of directors, resulting in ineffective oversight
in the establishment and monitoring of required internal controls and
procedures; (2) inadequate segregation of duties consistent with control
objectives; and (3) ineffective controls over period end financial disclosure
and reporting processes. The aforementioned material weaknesses were identified
by our Chief Executive Officer in connection with the review of our financial
statements as of July 31, 2009.

Management believes that the material weaknesses set forth in items (2) and (3)
above did not have an effect on our financial results. However, management
believes that the lack of a functioning audit committee and the lack of a
majority of outside directors on our board of directors results in ineffective
oversight in the establishment and monitoring of required internal controls and
procedures, which could result in a material misstatement in our financial
statements in future periods.

Management's Remediation Initiatives
- ------------------------------------

In an effort to remediate the identified material weaknesses and other
deficiencies and enhance our internal controls, we have initiated, or plan to
initiate, the following series of measures:

We will create a position to segregate duties consistent with control objectives
and will increase our personnel resources and technical accounting expertise
within the accounting function when funds are available to us. And, we plan to
appoint one or more outside directors to our board of directors who shall be
appointed to an audit committee resulting in a fully functioning audit committee
who will undertake the oversight in the establishment and monitoring of required
internal controls and procedures such as reviewing and approving estimates and
assumptions made by management when funds are available to us.

Management believes that the appointment of one or more outside directors, who
shall be appointed to a fully functioning audit committee, will remedy the lack
of a functioning audit committee and a lack of a majority of outside directors
on our Board.

We anticipate that these initiatives will be at least partially, if not fully,
implemented by July 31, 2010. Additionally, we plan to test our updated controls
and remediate our deficiencies by July 31, 2010

Changes in internal controls over financial reporting
- -----------------------------------------------------

There was no change in our internal controls over financial reporting that
occurred during the period covered by this report, which has materially
affected, or is reasonably likely to materially affect, our internal controls
over financial reporting.

PART II. OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS.

None.

ITEM 1A. RISK FACTORS.

Not applicable to a smaller reporting company.

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

None.

ITEM 5. OTHER INFORMATION.

None.

ITEM 6. EXHIBITS.

31.1 Rule 13(a)-14(a)/15(d)-14(a) Certification of principal executive
officer

31.2 Rule 13(a)-14(a)/15(d)-14(a) Certification of principal financial and
accounting officer

32.1 Section 1350 Certification of principal executive officer and principal
financial and accounting officer

SIGNATURES

Pursuant to the requirements 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.

Mobieyes Software, Inc

BY: /s/ Kevin Miller
----------------
Kevin Miller
President, Secretary, Treasurer,
Principal Executive Officer,
Principal Financial and Accounting
Officer and Sole Director

Dated: September 14, 2009